Charity number: 1178348 ## **Be More Foundation** **UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31/05/2021** **Prepared By:** David Stott Accoutancy Services 59 Medhurst Crescent Gravesend Kent DA12 4HJ **Be More Foundation** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/05/2021** ## **TRUSTEES** Ricky Dhell Nichola Dhell Eminjeet Kaur Kandola ## **REGISTERED OFFICE** ## **CHARITY NUMBER** 1178348 ## **BANKERS** Barclays ## **ACCOUNTANTS** David Stott Accoutancy Services 59 Medhurst Crescent Gravesend Kent DA12 4HJ page 1 ## **Be More Foundation** ## **ACCOUNTS FOR THE YEAR ENDED 31/05/2021** ## **CONTENTS** ||Page| |---|---| |Report of the Trustees|3| |Accountant's Report|4| |Statement of Financial Activities|5| |Balance Sheet|6| |Notes to the Accounts|7 to 10| |Detailed Statement of Financial Activities|9| page 2 **Be More Foundation** ## **FOR THE YEAR ENDED 31/05/2021** ## **TRUSTEES' REPORT** The trustees present their report and accounts for the year ended 31/05/2021 ## **PRINCIPAL ACTIVITIES** The principal activity of the charity in the year under review was to provide young people with the tools and support structures they need to become life champions and create positive futures for themselves. We will support young people directly at our academy in Kent. ## **STRUCTURE GOVERNANCE AND MANAGEMENT** There are 3 Trustees of the Charity and they have been in place since the inception. 1 Trustee is called as the Chair. The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. This report was approved by the Board of Trustees on R Dhell Trustee page 3 **Be More Foundation** ## **ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS OF BE MORE FOUNDATION, FOR THE YEAR ENDED 31/05/2021** In order to assist you to fulfill your duties under the Companies Act 2006, we have prepared for your approval the accounts of Be More Foundation for the year ended 31/05/2021 as set out on pages - to (1) from the company's accounting records and from information and explanations you have given us. As a practising member of the FMAAT, we are subject to its ethical and other professional requirements which are detailed on their website. This report is made solely to the Board of Directors of Be More Foundation, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Be More Foundation and state those matters that we have agreed to state to the Board of Directors of Be More Foundation, as a body, in this report, in accordance with the requirements of the FMAAT as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Be More Foundation and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Be More Foundation has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profitability of Be More Foundation. You consider that Be More Foundation is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Be More Foundation. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. David Stott Accoutancy Services 59 Medhurst Crescent Gravesend Kent DA12 4HJ page 4 **Be More Foundation** ## **Statement of Financial Activities for the year ended 31/05/2021** |**Income**
Income from generated funds
Income from charitable activities
**Total Income and endowments**
**Expenses**
Costs of generating funds
Expenditure on Charitable activities
**Total Expenses**
**Net gains on investments**
**Net Income**
**Gains/(losses) on revaluation of fixed assests**
**Net movement in funds:**
**Net income for the year**
Total funds brought forward
**Net funds carried forward**|**Unrestricted**
**funds**
**£**
54
**54**
94
**94**
**(40)**
**(40)**
3,350
**3,310**|**Restricted**
**funds**
**£**
-
**-**
-
**-**
**-**
**-**
-
**-**|**2021**
**Total**
**£**
54
**54**
94
**94**
**(40)**
**(40)**
3,350
**3,310**|_2020_
_Total_
_£_
_3,108_| |---|---|---|---|---| |||||_3,108_| |||||_583_| |||||_583_| |||||_2,525_| |||||_2,525_
_825_| |||||_3,350_| This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities page 5 ## **Be More Foundation** ## **BALANCE SHEET AT 31/05/2021** |**Notes**
**CURRENT ASSETS**
Cash at bank and in hand
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CAPITAL AND RESERVES**
**Unrestricted funds**
**5**
General fund|3,309
3,309|**2021**
**£**
3,309
3,309
3,309
3,309|_3,350_
_3,350_|_2020_
_£_
_3,350_| |---|---|---|---|---| |||||_3,350_| |||||_3,350_| |||||_3,350_| For the year ending 31/05/2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. ## **Approved by the board of trustees on and signed on their behalf by** ............................. Ricky Dhell Trustee page 6 ## **Be More Foundation** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31/05/2021** ## **1. ACCOUNTING POLICIES** ## **1a. Basis Of Accounting** The accounts have been prepared under the historical cost convention. The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **1b. Incoming Resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **1c. Resources Expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **1d. Allocation And Apportionment Of Costs** All costs relate to the single activity of the charitable company and are recognised accordingly. ## **1e. Fund Accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects. ## **1f. Turnover** Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. page 7 ## **Be More Foundation** ## **2. EMPLOYEES** **2021** _2020_ **No. No.** - _-_ Average number of employees **3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021** _2020_ **£** _£_ ## **4. LIMITED BY GUARANTEE** The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £, to the company should it be wound up. At 31/05/2021 there were members. ## **5. UNRESTRICTED FUNDS** |General fund|**Brought**
**forward**
**£**
3,350
3,350|**Incoming**
**resources**
**£**
53
53|**Outgoing**
**resources**
**£**
(94)
(94)|**Transfers**
**£**
-
-|**Carried**
**forward**
**£**
3,309| |---|---|---|---|---|---| ||||||3,309| ## **Charitable Donations** Donations from the Public ## **6. RESTRICTED FUNDS** |**Brought**
**forward**|**Incoming**
**resources**|**Outgoing**
**resources**|**Transfers**|**Carried**
**forward**| |---|---|---|---|---| |**£**|**£**|**£**|**£**|**£**| page 8 ## **Be More Foundation** ## **Incoming Resources for the year ended 31/05/2021** |**Incoming resources**
**Incoming resources from generated funds**|**2021**
**£**
54
54|_2020_
_£_
_3,108_
_3,108_| |---|---|---| page 9 |**Be More Foundation**||_2020_
_£_
_583_| |---|---|---| |**Expenses**
**for the year ended 31/05/2021**
**Expenses**
**Costs of generating funds**
**Charitable Activities**
**Basis of the Charity**
Resources Expended Charitable Activities 1|**2021**
**£**
94
94
94|| |||_583_| |||_583_| page 10