## **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
1
## **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:** ................................................ ........................................................
2
||**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
**42,833**T
**-**
**-**
**-**
**-**
**-**||**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**|
3
|**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|
|||||
4
**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 ended**31/03/2022**.|||
- **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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**IER**