REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR YEAR ENDED 31 MARCH 2022
Choose Love
Registered charity number: 1177927 Charity’s principal address: Choose Love, Somerset House, West Wing Strand WC2R 1LA
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Trustees
Trustees who served during the year and up to the date of this report were as follows:
Tracey Seaward Danielle Lawrence Josephine Naughton (Chair)
The trustees have regard to the skills, knowledge and experience needed for the effective administration of the charity when selecting individuals for appointment as charity trustee. Trustees are appointed by the currently acting trustees, and have been selected and appointed to ensure that the board has relevant background and skills which are considered important to enable the charity to achieve its charitable objectives.
Financial Statements
The Trustees present their report and accounts for the year ended 31 March 2022.
Governing Document
The charity is registered as a Charitable Incorporated Organisation (CIO) governed by a constitution registered 12 April 2018.
Objects and aims
The objects of the charity are to relieve poverty, sickness and distress of persons who are internally displaced or who are asylum seekers or refugees fleeing war and persecution for the public benefit by the provision of such aid, food and assistance for such persons or organisations established to assist them as the trustees shall think fit. To advance the education of refugees, asylum seekers or internally displaced people wherever they are in the world, particularly, but not exclusively, by the provision of grants and other assistance to charities and other organisations which work with them.
Public Benefit
The trustees have considered section 17 of the Charities Act 2011 and Charity Commission guidance on public benefit.
Activities
During the financial year, charity raised £85,714.
Financial Position
The charity has raised £ 85,714 (2021: £41,801) and expenditure were £83,433 (2021: £nil). Bank balance at the end of financial year was £44,082 (2021: £41,801)
Going Concern
The Choose Love charity is in the process of winding down operations and will transfer remaining funds to Prism the Gift Fund within the next 12 months.
18/01/2023
Approved by order of the board of trustees on .....................................
and signed on its behalf by
Danielle Lawrence: ................................................ ........................................................
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| CHOOSE LOVE Charity Name |
CHOOSE LOVE Charity Name |
CHOOSE LOVE Charity Name |
CHOOSE LOVE Charity Name |
CHOOSE LOVE Charity Name |
1177927 No (if any) |
1177927 No (if any) |
1177927 No (if any) |
CC16a | |
|---|---|---|---|---|---|---|---|---|---|
| For the period from |
01/04/2021 | To | 31/03/2022 | ||||||
| Section A Receipts and payments | |||||||||
| A1 Receipts | Unrestricted funds to the nearest £ 42,881 42,833 - - - - - |
Restricted funds to the nearest £ - - - - - - - |
Endowment funds to the nearest £ - - - - - - - |
Total funds to the nearest £ 42,881 C A 42,833T - - - - - |
Last year to the nearest £ |
||||
| Donations | 42,881 | - | - |
42,881 | 41,801 | ||||
| Merchandising | 42,833 | - | - |
42,833 | - | ||||
| - | - | - |
- |
- | |||||
| - | - | - |
- |
||||||
| - | - | - |
- |
- | |||||
| - | - | - |
- |
||||||
| - | - | - |
- |
- | |||||
| Sub total(Gross income for AR) | 85,714 | - | - |
85,714 | 41,801 | ||||
| - - |
- - |
- - |
- - |
||||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | - | - | - | ||||||
| - | - | - | - | - | |||||
| Sub total | - | - | - | - | - | ||||
| Total receipts A3 Payments |
85,714 82,833 600 - - - - - - |
- - - - - - - - - |
- - - - - - - - - |
||||||
| 85,714 | 41,801 | ||||||||
82,833 600 - - - - - - |
|||||||||
| Project/Direct cost | 82,833 | - | - |
82,833 |
- | ||||
| Accountancy | 600 | - | - |
600 |
|||||
| - | - | - |
- |
- | |||||
| - | - | - |
- |
- | |||||
| - | - | - |
- |
- | |||||
| - | - | - |
- |
||||||
| - | - | - |
- |
- | |||||
| - | - | - |
- |
- | |||||
| 83,433 | - | - |
83,433 |
- | |||||
- - |
- - |
- - |
- - |
||||||
| A4 Asset and investment purchases, (see table) |
- |
- | - | - | |||||
| - | - | - | - | ||||||
| Sub total | - | - | - | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
83,433 2,281 - 41,801 44,082 |
- - - - - |
- - - - - |
||||||
| 83,433 | - | ||||||||
2,281 |
|||||||||
| 2,281 | - | - |
2,281 |
41,801 | |||||
| - | - | - |
- |
- |
|||||
| 41,801 | - | - |
41,801 |
- | |||||
| 44,082 | - | - |
44,082 |
41,801 |
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| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities Signed by one or two trustees on behalf of all the trustees |
# Signature Details Bank Account Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 44,082 - - - - 44,082 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - Print Name Danielle Lawrence |
Endowment funds to nearest £ |
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Danielle Lawrence | 18/01/2023 | ||
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report
| Report to the trustees/ members of On accounts for the year ended Set out on pages |
CHOOSE LOVE | CHOOSE LOVE | CHOOSE LOVE |
|---|---|---|---|
| 31.03.2022 | Charity no (if any) |
1177927 | |
| 3-4 | |||
| I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended31/03/2022. |
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I draw attention to page 2 (Going Concern), which describes the facts regarding the future uncertainties of the Charity’s operations, and therefore the financial statements have been prepared on a brake up basis.
| Signed: Name: Relevant professional qualification(s) or body (if any): Address: |
Date: | |
|---|---|---|
| 18/01/2023 | ||
| Aamer Shehzad | ||
| FCCA | ||
| Accountability Europe Limited | ||
| Omnibus Workspace, 39-41 North Road | ||
| London N7 9DP |
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