Financial Statements for the year ending
31 DECEMBER 2020
For
STROKE CARE INTERNATIONAL
Charity Commission Reg N0: 1140897
STROKE CARE INTERNATIONAL
Contents of the Financial Statements
For the year ended 31 December 2020
| Page | |
|---|---|
| Company information | 1 |
| Directors' report | 2 |
| Statement of directors' responsibilities | 3 |
| Accountants' report | 4 |
| Statement of Financial Activities | 5 |
| Statement of Financial Position | 6 |
| Notes to the Statement of Financial Activities | 7 |
STROKE CARE INTERNATIONAL Company Information
Directors
Pastor Gloria Ekeng Grace Eghomie Joanna Modupe Ibiwoye SONIA ETARERI OMENE
Accountants
High Glory Associates 61 Sherbourne Close Dartford DA1 5WQ
Registered office
7-9 REGENCY STREET LONDON SW1P 4BY
Registered number
Charity Commission Reg N0: 1176508
1
STROKE CARE INTERNATIONAL The Report of the Trustees For the year ended 31 December 2020
The trustees who are also directors of the charity for the purpose of the Companies Acts 2006, present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of the statement of Recommended Practice (SORP) Accounting and Reporting by Charities', the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective 1 January 2015.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, deed of trust, and consitutes a limited company, limited by guarantee, as defined by the Companies Acts 2006.
Directors
The following persons served as directors during the year:
Pastor Gloria Ekeng Grace Eghomie Joanna Modupe Ibiwoye SONIA ETARERI OMENE
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fruad and error.
The trustees have identified the major strategic risk to which the charity is exposed to and have establised control action to mitigate them. Each year, risk assessment is carried out and are subject to continual review and appropriate monitoring.
Directors' responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
2
STROKE CARE INTERNATIONAL
The Report of the Trustees
For the year ended 31 December 2020
Disclosure of information to auditors
Each person who was a director at the time this report was approved confirms that:
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so far as he is aware, there is no relevant audit information of which the company's auditor is unaware; and
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he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information.
The Trustees take all appropriate steps to moderate and manage the inevitable operational risks to which members, volunteers staff and assets of the charity are exposed.
Competence based training for volunteers, and monitoring of new legislative requirements are example of steps taken.
Procedures for children and vulnerable adults protection and for health and safety risks are in place. Furthermore a risk register is to be established and updated annually.
This report was approved by the board on 24 February 2021 and signed by its order.
Pastor Gloria Ekeng
Trustee
3
STROKE CARE INTERNATIONAL Statement of Directors' Responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
4
STROKE CARE INTERNATIONAL
Accountants' Report
Report to the trustees on the independent examination of Stroke Care International financial statements for the year ended 31 December 2020
Respective responsibilities of trustees and examiner
The trustees (Who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. It is your duty to ensure that Stroke Care International has kept adequate accounting records and prepare statutory accounts that give a true and fair view of the assets, liabilities, and financial position of Stroke Care International. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Acts 2011 and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit under the company law and is eligible for independent examination, it is my responsibility to :
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examine the accounts under Section 145 of the 2011 Acts
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to follow the procedures laid down in the General Direction given by the Charity Commission (under Section 145(5)(b) of the 2011 Acts; and
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to state whether particular matters have come to my attention.
Basis of the independent examinater's report
We have not been instructed to carry out an audit but a review of the accounts of Stroke Care International. Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statements below.
Independent examiner's statement
In connection with our examination, no matter has come to our attention:
1) which give reasonable cause to believe that, in a
-
to keep accounting records in accordance with section 386 and 387 of the Companies Act 2006 and
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to prepare accounts which accord with the accounting records, comply with the accounting requirements of Section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
High Glory Associates
Accountants
High Glory Associates 61 Sherbourne Close Dartford Kent DA1 5WQ
24 February 2021
5
STROKE CARE INTERNATIONAL Statement of Financial Activities
For the year ended 31 December 2020
| Notes Incoming Resources Incoming resources from generated funds Activities Governance costs Total resources expended Net incoming/(outgoing) Resources Reconciliation of funds Net incoming/(outgoing) Resources 3 Net fund brought forward Total funds carried forward |
2020 £ 400 0 0 400 400 400 |
2019 £ - (200) - (200) |
|---|---|---|
| (200) | ||
| (200) | ||
| (200) |
6
STROKE CARE INTERNATIONAL STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2020
| Notes Fixed assets Tangible assets 4 Current assets Debtors 5 Cash at bank and in hand Creditors: amounts falling due within one year 6 Net current assets Total assets less current liabilities Net assets Funds Unrestricted funds 7 Net funds |
2020 2020 £ £ - - 200 - 200 200 200 200 200 |
- - |
2019 £ - |
|---|---|---|---|
| (200) | |||
| (200) | |||
| (200) | |||
| (200) | |||
| (200) |
The Trustees or directors are satisfied that the charity is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the charitable company to obtain an audit in accordance with section 476 of the Act.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
And preparing the financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirement of the Companies Act 2006 relating to financial statements, so far as applicable to the charity.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies The financial statements were approved by the Board of Trustees on 24 February 2021 and were
Pastor Gloria Ekeng Director Approved by the board on 24 February 2021
7
STROKE CARE INTERNATIONAL
Notes to the Financial Statements
For the year ended 31 December 2020
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 20% straight line Motor vehicles 25% straight line
2 Taxation
The charity is exempt from corporation tax on its charitable activities.
Restricted funds can only be used for the particular restricted purposes with the objects of the charity. Restrictions arise when specified by the donor or when funds is included in the notes to the financial statements
- 3 Net incoming/(outgoing) Resources
2020 2019 £ £
This is stated after charging:
Depreciation of owned fixed assets
Trustees' remuneration and benefits
There were no trustees' remuneration or financial benefits during the year ended 31 December 2020.
Trustees' expenses.
There were no trustees' expenses paid for during the year ended 31 December 2020.
4 Tangible fixed assets
Cost Additions At 31 December 2020 Depreciation At 03 Jan 2020 Net book value |
Land and buildings £ - - - - - |
Plant and machinery etc £ - - - - |
Motor vehicles Total £ £ - - - - - - |
|---|---|---|---|
8
STROKE CARE INTERNATIONAL
Notes to the Financial Statements
For the year ended 31 December 2020
| 5 Debtors Other debtors 6 Creditors: amounts falling due within one year Other creditors 7 Movement in funds As at 01/01/2020 £ Unrestricted fund General fund (200) Net movement in funds, included in the above are as follows: £ Unrestricted fund General fund 400 Total funds 400 Incoming resources |
2020 2019 £ £ - - 2020 2019 £ £ - 200 - 200 As at 31/12/2020 £ £ 400 200 £ £ - 400 - 400 Net Movement in Resources expended Movement in fund |
|---|---|
9
STROKE CARE INTERNATIONAL Detailed of Financial Activities
For the year ended 31 December 2020
| Incoming Resources Donations - Unrestricted fund Resources expended Charitable activity |
2020 2019 £ £ 400 - 400 - - 200 - 200 |
|---|---|
Governance costs
10