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2023-03-31-accounts

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR YEAR ENDED 31 MARCH 2023

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:

Josephine Naughton (Chair) Tracey Seaward Jessica Mills (Appointed on 21[st] Dec 2023) Danielle Lawrence (Resigned on 30[th] Nov 2023)

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 2023.

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 £62,125.

Financial Position

The charity has raised £ 62,125 (2022: £85,714) and expenditure were £nil (2022: £83,433). Bank balance at the end of financial year was £106,207 (2022: £44,082)

Going Concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Approved by order of the board of trustees on 23/01/2024

and signed on its behalf by

Josephine Naughton (Chair) : ................................................ ........................................................

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Charity Name No (if any) CHOOSE LOVE 1177927 Receipts and Payments Accounts CC16a For the period 01/04/2022 To 31/03/2023 from

Section A Receipts and payments Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
62,125
-
-
-
-
-		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £

-

-

-

-

-

-

-		 Total funds
to the nearest £
62,125C
A

-T

-

-

-

-

-		 Last year
to the nearest £
Donations 62,125 -
-		 62,125 42,881
Merchandising -
-
-		 42,833
- -
-
-		 -
- -
-
-
- -
-
-		 -
- -
-
-
- -
-
-		 -
Sub total(Gross income for AR) 62,125 -
-		 62,125 85,714
-
-		 -
-		 -
-		 -
-
A2 Asset and investment sales, (see
table).
- - - -
- - - - -
Sub total - - - - -
Total receipts
A3 Payments		 62,125
-
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
-
-		 -

-

-

-

-

-

-

-

-
62,125 85,714

-

-

-

-

-

-

-

-

Project/Direct cost		 - -
-
-		 82,833
Accountancy - -
-
-		 600
- -
-
-		 -
- -
-
-		 -
- -
-
-		 -
- -
-
-
- -
-
-		 -
- -
-
-		 -
- -
-
-		 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		 -
62,125
-
44,082
106,207		 -
-
-
-
-		 -

-

-

-

-
- 83,433

62,125
62,125 -
-
62,125		 2,281
- -
-
-

-
44,082 -
-
44,082		 41,801
106,207 -
-
106,207		 44,082

3

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		 #

Details
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Bank Account
Details
Signature		 Unrestricted
funds
to nearest £
106,207
-
106,207
OK
Unrestricted
funds
to nearest £
-
-
-
-
-
-
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Print
Josephine Naughton

4

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ CHOOSE LOVE members of On accounts for the year 31.03.2023 Charity no 1177927 ended (if any) Set out on pages 3-4

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2023 .

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:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Date: Name: Aamer Shehzad Relevant professional ICAEW qualification(s) or body (if any): Address: Accountability Europe Limited Omnibus Workspace, 39-41 North Road London, N7 9DP

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IER