2023-01-31-accounts

SAFARI PEOPLE MATTER ORGANISATION (SPMO)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[ST] JANUARY 2023

CHARITY NUMBER: 1178053

SAFARI PEOPLE MATTER ORGANISATION (SPMO) SUITE 127, 616 MITCHAM ROAD CROYDON CR0 3AA

INDEX Page Index 1 Trustee’s Report 2 – 3 Receipts and Payments Account 4 Statement of Assets and Liabilities 5 Notes on the financial Statements 6

1

SAFARI PEOPLE MATTER ORGANISATION (SPMO)

TRUSTEES’ REPORT YEAR ENDED 31[ST] JANUARY 2023

The trustees are pleased to present their report for the year ended 31[st] January 2022 for the charity, Safari People Matter Organisation (SPMO) with charity number 1178053.

The Trustees of the charity are:

Mr Mohammad Sheik Sovel Rev Kwaku Oppong Boateng Biswajit Mohanty

The principal address of the charity is : Suite 127, 616 Mitcham road Croydon CR0 3AA

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a CIO – Foundation Constitution registered 16[TH] July 2016.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.

OBJECTIVES AND ACTIVITIES

THE OBJECT OF THE CIO IS FOR THE BENEFIT OF THE PUBLIC: TO ADVANCE IN LIFE AND HELP DEVELOP YOUNG PEOPLE FROM VARIOUS BACKGROUNDS WITHIN THE UK THROUGH: A) THE PROVISION OF RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE. B) PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE WITHIN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS.

ACHIEVMENTS AND PERFORMANCE

The Organisation has currently had no activities in the financial year. However it still maintained its offices as it plans to restart activities in the future,

2

FINANCIAL REVIEW

The income of the charity is above zero. This is much lower for this year than expected for the charity, the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for the office that it uses for its meetings.

RESERVE POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.

RISK MANAGEMENT

The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the charity. They are required to:

1. Select suitable accounting policies and apply them consistently.

2. Make judgements and estimates that are reasonable and prudent.

3. State whether the applicable accounting standards have been followed.

4. Prepare financial statements on an ongoing basis.

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on 26[th] September 2023 and signed on their behalf by:

---

3

SAFARI PEOPLE MATTER ORGANISATION (SPMO)

ACCOUNTS FOR THE YEAR ENDED 31st January 2023

**1 **	Receipts & Payments Account (General	Purpose Fund)	Purpose Fund)
	Income Receipts	£/ 2023	£/2022
	Donations	30	5
	Grant
	Total Receipts	30	5
	Direct Charitable Expenditure
	Office hire	0	1800
	Professional fees	0	0
	Supplies	35	67
	Media services	0	0
	Webhosting	0	216
	Fixtures & Fittings	0	0
	Transport	0	0
	Refreshments	0	0
	Music Services	0	0
	Telephone	0	31
	Accounting services	120	240
		155	2354
	Other Expenditure
	Equipment	0	0
	Instruments
		0	0
	Total Payments	155	2354
	Net Receipts/(Payments) for the year	-125	-2349
	Cash Funds brought forward	704	3053
	Cash Funds at the end of the year	579	704

4

SAFARI PEOPLE MATTER ORGANISATION (SPMO)

**2 **	Statements of Assets and Liabilities at 31st Jan	Statements of Assets and Liabilities at 31st Jan	2023
	Monetary Assets
	Cash Funds	Unrestricted Funds
		£/2023		£/2022
		£
	Cash at hand and in bank		579	704
	Total Cash Funds		579	704
	Assets Retained for the
	Charity's Own use
	Non-monetary Assets and Liabilities
	Equipments		707	707
	Fixtures & Fittings		80	80
			787	787
	Liabilities
	Bookkeeping		90	240

These accounts were approved by the trustees and signed on their behalf by: Rev Kwaku Oppong Boateng

---

5

SAFARI PEOPLE MATTER ORGANISATION (SPMO)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st January 2023

ACCOUNTING POLICIES

Basis of Accounting

These accounts have been prepared on the receipts and payments basis with all revenue and expenses shown on a cash basis. Non-monetary assets are shown at estimates of the value at the end of the year.

Funds

The CIO has a general unrestricted fund that receives voluntary donations from attendants at the services.

The CIO has no outstanding guarantees to third parties no any debts secured on the asstes of the CIO

Public Benefit

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for public benefit.Details of how this is achieved are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

6