2021-04-05-accounts - Bloomsbury Network

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

BLOOMSBURY NETWORK Charity Number : 1177326

UNAUDITED ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2021

JPS Matharu Associates 157 Queens Road Weybridge Surrey KT13 0AD

BLOOMSBURY NETWORK

CHARITY NUMBER

1177326

TRUSTEES

Claire Murdock Dr Ian Williams Lord Guy Black Garry Colston Brough James Hawksworth Jazz Matharu Timothy Hassell

REGISTERED OFFICE

Mortimer Market Centre Off Tottenham Court Road London WC1E 6JB

ACCOUNTANTS

J. P. S. Matharu & Associates Oak Gates 157 Queens Road, Weybridge, Surrey KT13 0AD

JPS Matharu Associates 157 Queens Road Weybridge Surrey KT13 0AD

BLOOMSBURY NETWORK

INDEX TO THE FINANCIAL STATEMENTS

----- Start of picture text -----
Page
1 Report of the Trustees
2 Independent Examiner's Report
3 Profit & Loss Account
4 Balance Sheet
5 - 6 Notes to the Financial Statements
7 Detailed Profit and Loss Account
----- End of picture text -----

JPS Matharu Associates 157 Queens Road Weybridge Surrey KT13 0AD

BLOOMSBURY NETWORK

DIRECTOR'S REPORT

The Trustees present their report and financial statements for the Year Ended 31 March 2021

PRINCIPAL ACTIVITIES AND BUSINESS REVIEW

The principal activity of the charity is to preserve and improve the good health of people with HIV

RESULTS AND DIVIDENDS

The report was prepared with the special provisions within Part 15 of the Companies Act 2006 The report was approved by the Board of Trustees on 24 March 2022

By order of the Board James Hawksworth Trustee

Page 1

JPS Matharu Associates 157 Queens Road Weybridge Surrey KT13 0AD

BLOOMSBURY NETWORK

JPS Matharu & Associates

Accountants & Taxation Specialists Oak Gates 157 Queens Road Weybridge Surrey KT13 0AD

ACCOUNTANT’S REPORT BY JPS MATHARU & ASSOCIATES

TO THE TRUSTEES OF BLOOMSBURY NETWORK

We have reviewed the financial statements on pages 3 to 7 in accordance with approved accounting standards.

In our opinion the financial statements give a true and fair view of the state of the Company's affairs at 31 March 2021 and of its profit/(loss) for the period then ended and that they have been properly prepared in accordance with the Companies Act and the general Directions given by the Charities Commission under section 145(5)(b) of the 2011 Act.

JPS Matharu & Associates

Accountants & Taxation Specialists March 24, 2022

By order of the Board James Hawksworth March 24, 2022

Page 2

JPS Matharu Associates 157 Queens Road Weybridge Surrey KT13 0AD

BLOOMSBURY NETWORK

PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2021

Notes Income from charitable activities 1 Operating expenses Operating profit / (loss) Other income Profit / (Loss) on ordinary activities before taxation Taxation 4 Net income Total funds brought forward Retained profits carried forward		2021 £ 6,392 (1,552) 4,840 - 4,840 - 4,840 - 4,840 3,737 8,577 £		2020 £ 15,983 (12,246) 3,737 - 3,737 - 3,737 - 3,737 -
				3,737 £

Page 3

JPS Matharu Associates 157 Queens Road Weybridge Surrey KT13 0AD

BLOOMSBURY NETWORK

BALANCE SHEET

AS AT 31 MARCH 2021

Notes FIXED TANGIBLE ASSETS 5 CURRENT ASSETS Cash at bank and in hand Debtors 6 CREDITORS: Amounts falling due within one year 7 Amounts falling due after one year NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES REPRESENTED BY: UNRESTRICTED FUNDS General fund Designated fund		2021 £ - 9,177 - 9,177 (600) - (600) £ 8,577 £ 8,577 £ 4,840 3,737 8,577 £	2020 £ - £ 4,937 -
			4,937
			(1,200) -
			(1,200) £
			3,737 £
			3,737 £
			(10,263) 14,000
			3,737 £

The financial statements were approved by the Board on 24 March 2022 and under sections 477 of The Companies Act 2006 the Company is entitled to the audit exemption for small companies.

The members have not required the company to obtain an audit of its finacial statements in accordance with section 476 of the Companies Act 2006.

The Trustees acknowledge their responsibilities for ensuring that the Company keeps accounting records which comply with sections 386 and 387 of the Companies Act 2006, and that in preparing the accounts, they give a true and fair view of the state of the affairs of the Company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395, and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the Company.

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for smaller enitities (effective 2008)

James Hawksworth Trustee on behalf of the Board

March 24, 2022

Page 4

JPS Matharu Associates 157 Queens Road Weybridge Surrey KT13 0AD

BLOOMSBURY NETWORK

NOTES

(FORMING PART OF THE FINANCIAL STATEMENTS)

ACCOUNTING POLICIES

Basis of financial statements

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities and Charitiies, FRS102

Turnover

All income is included when the Charity is legally entitled to the income and the amount can be quantified with reasonable accurancy

Expenditure

Expenditure is accounted on an accruals basis

All costs relate to the single activity of the charitable company and are recognised accordingly Funds can be used in accordance with the charitable objectives at the discretio of the Trustees

Employees 2021 2020 Average number of employees 0 0

Page 5

JPS Matharu Associates 157 Queens Road Weybridge Surrey KT13 0AD

BLOOMSBURY NETWORK

5 FIXED ASSETS

Cost At 1st April 2020 Additions in the year Disposals in the year At 31 March 2021 Depreciation At 1st April 2020 Charge for the year At 31 March 2021 Net book value: At 31 March 2021 At 1st April 2020 6 DEBTORS All due within one year Trade debtors Other debtors Prepayments and accrued income 7 CREDITORS: Amounts falling due within one year Director's loan account Bank loan Trade creditors & accruals Other taxation Corporation tax 8 LIMITED BY GUARRANTEE		Buildings £ - - - - £ - - - - - £	Plant & Equipment £ - - - £ - - - - £ - £ 2021 £ - - - - £ 2021 £ - - 600 - - 600 £		Total £ - - -
					-
					£ - -
					-
					- £ - £ 2020 £ - - -
					- £
					2020 £ - - 1,200 - -
					1,200 £

The company is limited by guarrantee and does not have a share capital.

Page 6

JPS Matharu Associates 157 Queens Road Weybridge Surrey KT13 0AD

BLOOMSBURY NETWORK

DETAILED PROFIT AND LOSS ACCOUNT

FOR THE PERIOD ENDED 31 MARCH 2021

Turnover Income From generated funds Other Expenditure Trustees's Remuneration Telephone, Fax and Internet Printing, Postage and Stationery Rent Travel Subsistence Royalties Software & support Accountancy and Audit Insurances Bank Charges Repairs & maintenance Legal & Professional Fees Depreciation Research General Expenses Bank Interest Received Less: Finance charges Other Net Profit/(loss), for the year	£ - - - - - - - 1,072 480 - - - - - - - - - - 2021		£ 6,392 - 1,552 4,840 - 4,840 - 4,840	£ - 166 6,792 - - - 2,766 1,463 600 - 23 - - - - 436 - - 2020		£ 15,983 12,246 3,737 - 3,737 -

						3,737 £

This schedule is provided for information purposes only and does not form part of the statutory financial statements.

Page 7

JPS Matharu Associates 157 Queens Road Weybridge Surrey KT13 0AD

JPS mahaTuA5Ss 1570uè?n5 Road w?rg8 rty KT13IAD