## **Thank U Charity**
Unaudited Financial Statements for the Year Ending 30th September 2024
**Reference and administration details**
Thank U Charity (1179853)
**The Charity Name Thank U Charity Incorporation Charitable Incorporated Organisation Incorporation Date 7[th] September 2018 The Charity Registered Number 1179853 Registered Office Dawes Road Hub 20 Dawes Road Fulham London SW6 7EN Email address admin@thankucharity.org Website** www.ThankUCharity.org **The Trustees Debra Blackwood (Chair) Enoch Annobil Ugochi Amajuoyi Sally Baffour Chloe Wood Daniella Akinsemoyin Tanya Jazmin Yearwood Bankers Lloyds Bank 21-25 Kings Street, Hammersmith, London, W6 9HW**
Thank U Charity (1179853)
## **Statement of Financial Activities (including Summary income and expenditure account)**
## **For the period from 1st October 2023 to 30th September 2024**
|||**Restricted**||||||
|---|---|---|---|---|---|---|---|
||N**Unrestricted**|**income**|**Endowment**||**Total**||**Prior year**|
||**funds**|**funds**|**funds**||**funds**||**funds**|
||£|£|£||**£**||£|
|**Income (Note 1)**||||||||
|**Income and endowments from:**||||||||
|Donations and legacies|-|-||-||**-**|7,445|
|Charitable activities|-|-||-||**-**|-|
|Other trading activities|-|-||-||**-**|-|
|Investments|-|-||-||**-**|-|
|Other|-|-||-||**-**|-|
|**Total**|**-**|**-**||**-**||**-**|7,445|
|**Expenditure (Note 2)**||||||||
|**Expenditure on:**||||||||
|Raising funds||||||**-**|-|
|Charitable activities||-||||**-**|-|
|Separate material expense item|-|||||**-**|-|
|Other||||||**-**|-|
|**Total**|**-**|**-**||**-**||**-**|**-**|
|**Net income/(expenditure) before**||||||||
|**tax for the reporting period**|**-**|**-**||**-**||**-**||
|Tax payable||||||**-**|-|
|**Net income/(expenditure) after tax**|**-**|**-**||**-**||**-**|**-**|
|**before investment gains/(losses)**||||||||
|Net gains/(losses) on investments||||||**-**|-|
|**Net income/(expenditure)**|**-**|**-**||**-**||**-**|**(16,202)**|
|**Extraordinary items**||||||**-**||
|**Transfers between funds**||||||**-**|-|
|**Other recognised** **gains/(losses):**||||||**-**|-|
|Gains and losses on revaluation of|||||||-|
|fixed assets for the charity’s own use||||||**-**||
|Other gains/(losses)||||||**-**|-|
|**_Net movement in funds_**|**-**|**-**||**-**||**-**|**(16,202)**|
|**_Reconciliation of funds:_**||||||||
|Total funds brought forward||||||**-**|**(16,202)**|
|**_Total funds carried forward_**|**-**|**-**||**-**||**-**|**(16,202)**|
Thank U Charity (1179853)
## **Financial Review**
## **The charity's financial position at the end of the year ended 30th September 2024**
The financial position of the charity at 30th September 2024, as more fully detailed in the accounts, can be summarised as follows:-
|**Net (expenditure)/income**
Unrestricted Revenue Funds
available for the general purposes of
the charity b/f
**Total unrestricted funds**
**Retricted Reserves**
**Total Funds**|**2023/24**
**-**|
|---|---|
||**-**|
||**(31,367)**|
||**(31,367)**|
## **Financial review of the position at the reporting date, 30th September 2022**
-
The Trustee's confirm that they are satisfied that the Charity is a going concern.
## **Method of preparation of accounts**
The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016)
## **Policy on Resesrves**
The charity holds no reserve, but has no funds in their savings account. This is a loan which helped the charity to stay afloat during the pandemic, it is been slowly paid back. The trustees confirm they are satisfied that the charity continues as a going concern.
## **Risks and uncertainties facing the charity.**
The charity is currently seeking a new finanical instution and is currently operating without facilities.
1. International projects; are operational and there has been significant movement in charity activities.
Thank U Charity (1179853)
2. Training of staff in digitalization, and redesign all UK projects has started.
In consideration of the continuation of these uncertainties, our Trustees are closely monitoring the situation, Government interventions and its impact, to help guide us in ways to build in resilience for our charity’s future, by innovating and restructuring all our activities and operations for flexible online and offline delivery.
## **Principal funding sources in the year and how these support the key objectives of the charity.**
Principal funding sources have been through various ad-hoc donations from a small number of individuals, owever the loan has allowed us to expand and hire experienced campaign marketing staff.
## **Approval of this report**
This report was approved by the board of trustees on 30/07/2025
**D Blackwood Chair**
Thank U Charity (1179853)
## **Statement of Assets & Liabilities as at 30th September 2024**
|Note
**Fixed assets**
**_Total fixed assets_**
**Current assets**
**Cash at bank and in hand**
General Account
Savings Account
**_Total current assets_**
**Creditors: amounts falling due within**
**one year ****
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year ****
**_Total net assets or liabilities_**
**Funds of the Charity**
**Restricted income funds**
**Unrestricted funds**
**_Total funds_**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
**-**
**-**
**-**
**-**
**-**
-
**7,445**
-
**-**
**-**|
|---|---|
||**-**
**-**
**-**
**-**
**7,445**
-
-
-
**-**
-|
||-
-
**-**
7,445|
||**-**
**-**
**-**
**-**
**7,445**
**(31,367)**
**31,367**
(43,077)|
||**-**
**(31,367)**
**-**
**31,367**
**50,522**|
||**-**
-
**-**
-|
||**-**
**-**
**-**
**-**
**-**|
_****LLOYDS Bank Loan £ 50,000.00**_
Thank U Charity (1179853)
Thank U Charity111798531
## **Notes to the accounts**
|**Charitable**
**activities:**
**Other:**
**TOTAL INCO**
**Donations**
**and legacies:**|**Note 1**
**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**£**
**£**
**£**
**Income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**£**
**£**
**£**
**Income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**£**
**£**
**£**
**Income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**£**
**£**
**£**
**Income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**£**
**£**
**£**
**Income**|
|---|---|---|---|---|---|---|
||Donations andgifts|-|||**-**|7,655|
||Gift Aid||||**-**||
||Legacies||||**-**||
||General grants provided by government/other
charities|
-|||**-**|-|
||Donatedgoods,facilities and services||||**-**||
||Other|0|||**0**||
||**Total**|**0**|**-**|**-**|**0**|**7,655**|
||||||||
||Book Sales|||-|**-**||
||**Total**|**-**|**-**|**-**|**-**|**-**|
||||||||
||Other||-|-|**-**|-|
||**Total**
**ME**|**-**|**-**|**-**|**-**|**-**|
||||||||
|||**0**|**-**|**-**|**0**|**7,655**|
Thank U Charity (1179853)
## **Notes to the accounts**
|Consultancy
**Other**
**TOTAL EXPENDITURE**
**Total other expenditure**
Sundry
**Expenditure on**
**charitable**
**activities**
Project Expenditure
Marketing
Training
Utility Costs
Professional Fees
IT Costs & Website costs
Recruitment
Bank
Office & stationery
Travel
Sundry
**Total expenditure on charitable**
**Note 2**
**Analysis of expenditure**|**Note 2**
**Analysis of expenditure**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Prior year**
**£**
**£**
**Expenditure**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Prior year**
**£**
**£**
**Expenditure**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Prior year**
**£**
**£**
**Expenditure**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Prior year**
**£**
**£**
**Expenditure**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Prior year**
**£**
**£**
**Expenditure**|
|---|---|---|---|---|---|---|
||Project Expenditure|||-|**-**|**704**|
||Marketing|||-|**-**|**-**|
||Training|-|||**-**|**-**|
||Utility Costs||||**-**|**-**|
||Professional Fees||-|-|**-**|**400**|
||IT Costs & Website costs||-|-|**-**||
||Recruitment|-|-|-|**-**|**-**|
||Consultancy||||**-**|**-**|
||Bank|70|-|-||**70**|
||Office & stationery||-|-|**-**|**-**|
||Travel|||-|**-**|**-**|
||Sundry||||**-**|**-**|
||**Total expenditure on charitable**|**-**|**-**|**-**|**-**|**1,174**|
||||||||
||Sundry|-|-|-|**-**|100|
||**Total other expenditure**|**-**|**-**|**-**|**-**|**100**|
||||||||
|||**-**|**-**|**-**|**-**|**1,274**|
Thank U Charity (1179853)