2022-03-31-accounts

Registered Charity Number :- 1175916

PARADISE 4 KIDS

TRUSTEES’ REPORT AND

FINANCIAL STATEMENTS

FOR THE YEAR END 31 March 2022

PARADISE 4 KIDS

CONTENTS

FOR THE YEAR ENDED 31 March 2022

TRUSTEES' REPORT ....................................................................................................................................................... 3 INDEPENDENT EXAMINER'S REPORT ....................................................................................................................... 4 STATEMENT OF FINANCIAL ACTIVITIES ................................................................................................................ 5 BALANCE SHEET ........................................................................................................................................................... 6 NOTES TO THE FINANCIAL STATEMENTS .............................................................................................................. 7

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PARADISE 4 KIDS

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 March 2022

I approve the accounts which comprise of the Income and Expenditure Account, the Balance Sheet and the related notes. I acknowledge my responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in the note 1, and for providing Marneros Marcus & Co. with all the information and explanations necessary for their compilation.

………………………….

Mr George Tsiappourdhi

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PARADISE 4 KIDS

INDEPENDENT EXAMINER'S REPORT

FOR THE YEAR ENDED 31 March 2022

You have approved the accounts for the year ended 31 March 2022 which comprise the Income and Expenditure Account, the Balance Sheet and the related notes. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.

Marneros Marcus & Co Chartered Certified Accountants First Floor, Hagley Court 40 Vicarage Road, Edgbaston Birmingham West Midlands B15 3EZ

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PARADISE 4 KIDS

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 March 2022

Recommended categories by activity Notes Income and endowments from: Donations and legacies 2 Total Expenditure on: Charitable activities 3 Other 5 Total Net income/(expenditure) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	Unrestricted funds £ Total Funds 2022 £ 14,968.85 14,968.85
	14,968.85 14,968.85
	10,736.98 10,736.98 1,233.57 1,233.57
	11,970.55 11,970.55
	2,998.30 2,998.30
	2,998.30 2,998.30 9,363.68 9,363.68
	12,361.98 12,361.98

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PARADISE 4 KIDS

BALANCE SHEET

FOR THE YEAR ENDED 31 March 2022

Recommended categories by activity Notes Current assets Cash at bank and in hand 6 Total current assets Creditors: amounts falling due within one year 7 Net current assets/(liabilities) Total net assets or liabilities Funds of the Charity Unrestricted funds 8 Restricted income funds 8 Endowment funds 8 Total funds	Unrestricted funds £ Total Funds 2022 £ 12,961.98 12,961.98 12,961.98 12,961.98 600.00 600.00 12,361.98 12,361.98
	12,361.98 12,361.98
	12,361.98 12,361.98 - -
	12,361.98 12,361.98

The financial statements were approved by the Board on …………………………and signed on its behalf by:

………………………………. Mr George Tsiappourdhi Chairman of Trustees

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PARADISE 4 KIDS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2022

1 Accounting Policies

1.1 Accounting Policies

The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.

1.2 Basis of preparation

These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.

These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

These accounts are presented in pounds sterling and rounded to the nearest pound.

1.3 Going concern

The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.

2 Income from Donations and Legacies

Analysis Donation and gifts	Unrestricted funds £ 14,968.85 14,968.85	Total funds 2022 £ 14,968.85
		14,968.85

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PARADISE 4 KIDS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2022

3 Expenditure on Charitable Activities

Analysis Bank charges Donations Support Costs	Total funds 2022 £ 251.98 10,245.00 240.00
	10,736.98

4 Support Costs

Analysis Governance Costs Accountants fees	Total funds 2022 £ 240.00
	240.00

5 Other Expenditure

Analysis Travel and Subsistence	Unrestricted funds £ 1,233.57 1,233.57	Total funds 2022 £ 1,233.57 1,233.57

6 Cash at bank and in hand

Cash at bank and on hand Other	Total funds 2022 £ 12,951.98 10.00
	12,961.98

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PARADISE 4 KIDS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2022

7 Creditors: Amounts falling due within one year

reditors: Amounts falling due within one year
Trade creditors	Total funds 2022 £ 600.00
	600.00

8 Charity funds

8.1 Details of material funds held and movements during the CURRENT reporting period

Fund names Unrestricted funds Unrestricted General Funds Total	Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £
	9,364.00 14,968.85 (11,970.55) - - 12,362.30
	9,364.00 14,968.85 (11,970.55) - - 12,362.30

8.2 Transfers between funds This Year

Amount £ Between unrestricted and restricted funds - Between endowment and restricted funds - Between endowment and unrestricted funds -

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