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2020-10-31-accounts

TRUSTEES ANNUAL REPORT

Trustee report for the period ending on 31st October 2020

The trustees are pleased to present our report of Chayah Development Project CIO (referenced later as Chayah Project or “the project”) which was registered as a charity number 1181113 on 11th December 2018 and is also registered as Company Limited by Guarantee Number 09257218 (on the 9[th] October 2014).

The registered office is at 26 Robinhood Chase, Nottingham, NG3 4EZ.

Chayah Development Project was set up as a target specific channel to support young women and girls who have directly or indirectly experienced street life, and other adverse issues. We provide empowerment programmes, coaching, mentoring, outreach, signposting and advocacy. Over the years, the project has expanded its vision to include young men, families and extended circle of service users when possible.

Our Staff/Volunteers work in partnership with relevant organisations to protect vulnerable and provide vulnerable young people with relevant services in the context of their transition to more independent living and positive healthy relationships within society. We are a funded organisation running a variety of programmes based on funding specifications.

A set of initial trustees prepared the necessary governing documents to set up the charity. The project operates under a constitution closely following Charity Commission guidance and a secondary document “Articles of Association” that lays out the detailed arrangements for running the organisation. The initial trustees served from the formation of the charity until the first general meeting which was held on 21st January 2019. The initial trustees made the application to establish the charity and are still the current Trustees.

The names are as follows:

Carl White Karina Scott (Chairperson) Valerie Horsley Natoya Cornwall

The governing documents define the ongoing arrangements for Trustees to run Chayah Development Project. Up to nine Trustees can be directly elected. Elections were held for directors of the project under the rules of the project’s ‘Articles of Association’. Direct elections of Trustees are to be held under the ‘Constitution’ of the project.

GOVERNANCE AND MANAGEMENT

The governing document is the Chayah Development Project CIO Constitution adopted on 19th November 2018 which became recognised by the Charity Commission when the Charitable Incorporated Organisation was registered on 11th December 2019. The Project further recognises a subsidiary document known as the Articles of Association as the memorandum for the company registration. This provides detailed rules for membership, the appointment of Officers and the management of the Project.

The operational activities of Chayah Development Project CIO were an extension of work that Chayah project as a company had implemented before acquiring charitable status. In planning the charity’s activities for the year, the Trustees kept in mind the Charity Commission’s guidance on public benefit. All Trustees were briefed on the role of Trustees of Project and were given copies of the governing documents of the Project and referred to the detail on the Charity Commission website related to becoming a trustee and to the guidance on public benefit. The Trustees held regular meetings during the year. Some operational details are delegated to board, each of which has terms of reference agreed by the Trustees. The Project Directors and Trustees work entirely on a voluntary basis, however under memorandum of the company, directors can be employed if the role is separate from their activities as employees' rights and duties are defined by an employment contract, the rights and duties of an office holder are defined by the Companies Act 2006 and the Company Constitution (as per Companies Act 2006).

As a company and a Charity, we continue:

  1. To refine and improve governance structure

  2. To preserve our service quality to meet the needs of all our service users and partners

  3. To shape our group’s capability and culture

  4. To grow our brand recognition and infrastructures

  5. To enlarge our partnerships

  6. To advance our financial stability and increase revenue

  7. To constantly improve operational efficacy

RISK MANAGEMENT

The board has conducted a review of the major risks to which the charity is exposed. A risk register has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the centre, to ensure a consistent quality of delivery for all operational aspects of the charity. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.

ORGANISATIONAL STRUCTURE

The Chayah Development Project not only has Trustees and Directors but also has an external board of Management Committee of up to 8 members who meet quarterly and are responsible for reviewing the strategic direction and policy of the charity but have no voting rights. At present the Committee has eight members from a variety of professional backgrounds relevant to the work of the charity and offer expertise when and where is needed. These work on a voluntary capacity and advise the Trustees and Directors.

A system of allocation is in place and day to day responsibility for the provision of the services rest with the Chief Executive and Operational Manager along with the project coordinators. The Chief Executive is accountable for safeguarding that the charity delivers the services specified and that key performance indicators are met. The Operational Manager

has responsibility for the day to day operational management of the Company, individual supervision of the staff team and also ensuring that the team continue to develop their skills and working practices in line with good practice.

OBJECTIVES OF THE PROJECT

As a project, our service users remain at the core of services provided to provide holistic support to our services users. Our charity’s purposes as set out in the objects contained in the company’s memorandum of association are to: benefit the public by advancing the life, relieve needs of and help young people up to the age of 30 living in Nottingham and the surrounding area by acting as a resource for young people and providing advice, assistance and services.

Our main objectives are:

· Development: This is about bringing about a tangible transition that will allow the women we interact with to have a marked change and grow into who they need to be. Teaching them how to understand self, confidence building, and empowerment that creates an alternative healthy identity.

· Awareness of not only the problems but the solutions available to combat them.

· Understanding that these women can come out of what they are in by highlighting the issues through teaching and training.

· Education and knowledge of not only how to leave the gangs or violent relationships but also how to live after they have left.

· Change that is positive, consistent and life altering by being examples and mentoring each individual through their personal journeys.

· Management of the major changes they will have to go through and life after the decision.

· Signposting is absolutely essential in making sure that there is after care.

· Coaching in terms of goal setting and achieving their own personal goals

· Support is so important in this journey and each individual should be aware that no matter their pace they have support at every stage.

Our main activities and who we try to help are described below. All our charitable activities focus on providing services for our vulnerable young people that undertake to further our charitable purposes for the public benefit. Our Overall Goal is that d isadvantaged young women will be enabled to have independent, empowered and confident lives through robust sustainable long-term support/engagement.

Our services are designed to:

(a) develop skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.

(b) advance education;

(c) relieve unemployment;

(d) provide recreational and leisure time activity in the interests of social welfare with a view to improving their conditions of life.

(e) Reduction of crime

(f) Improve and promote family links and relationships

Our aims copiously reflect the commitments that the charity was set up to further. Ensuring our work delivers our intentions, we review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us ensure our aim, objectives and activities remained focused on our stated purposes. We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

ACHIEVEMENTS AND PERFORMANCE

The current programme run by the Chayah Project is called ‘The REACH Programme’ that is funded by the Big Lottery’s ‘Women &Girls’ Fund.

Over the last year we have engaged with:

FINANCIAL REVIEW

Our main funder is the Big Lottery who fund our ‘REACH PROGRAMME’. Our programme was funded for 3 years with a budget of £250,000 and is in its final year. Our current year budget to date is £71,820.

Due to covid-19, we had limited funding due to staff absences and increase in demand but we managed to continue our service provision with a joint programme, with a local organisation called Safe Alternative funded by the lottery.

Against the backdrop of limited resources and insecurities over funding, it has continued to be difficult to plan or develop services. Nevertheless, the charity, with the aid of sound financial management and the support of both its staff and volunteers, we have managed to adjust our programme to remain within the budget. We have also started looking for alternative funding streams for any work we want to do that doesn’t fall within the scope of the BIG fund. We are also hoping to create training programmes we can monetise to increase our income. As part of a consortium with Bac-In, Tumtum Housing and Nottingham counselling services, we have begun a programme named ‘Headwise’ that is funded by Comic Relief.

PRINCIPAL FUNDING SOURCES

The principal funding sources for the charity are currently by way of grants. As a result of increasing constraints on local authority expenditure, the charity has to seek funding from a much broader group of agencies. Our increased partnerships are proving particularly useful in identifying possible opportunities for a much wider range of funding for the future. We have more funding applications pending and also our transition into a charity has made us eligible for more funding pots that we hope to explore in the coming years.

INVESTMENT POLICY

Most of our funds are restricted and to be spent within a specified amount of time. We are however trying to consider additional options available to enable us to have sustainable funding that we can consider for investment. An investment policy is therefore something being explored and planned to be implemented if feasible before the new financial year.

RESERVES POLICY

The Trustees and officers are examining possible avenues to fit the charity’s requirements for reserves in light of the main risks to the organisation. It is our hope to establish a policy whereby any unrestricted funds not committed or invested in tangible fixed assets held by the charity should carry a general reserve about equal to 6 months unrestricted fund expenditure, to minimise any risk of shortfalls and to cover any loss of income but to make sure staff and expenses are covered.

PLANS FOR FUTURE YEARS

The REACH programme has achieved a lot more than we anticipated. It has opened doors not just for the programme but staff and beneficiaries. We hope to be able to secure funding to continue to empower all who have had support or worked alongside the programme. The main aim of this programme was to give women and girls a voice. Now that we are a registered charity our aim is to be an enabling centre where women and girls can come and be equipped with the tools to support themselves, family and friends. Having the partnerships with other agencies gives a wider scope to sign post our women and girls. We have moved into a building were our women and girls have access to us much easier than present. We would like to grow having more paid staff with lived experiences. We are looking for

sponsors to support positions. We have been into other cities sharing our programme and learning what they do, we hope in the near future to be doing some joint working so that programmes look the same or similar in most cities. We have also done online series merging with women from other cities and countries looking at the ways of supporting women culturally.

As a company and a Charity, we hope to continue:

  1. To refine and improve governance structure

  2. To preserve our service quality to meet the needs of all our service users and partners

  3. To shape our group’s capability and culture

  4. To grow our brand recognition and infrastructures

  5. To enlarge our partnerships

  6. To advance our financial stability and increase revenue

  7. To constantly improve operational efficacy

Declaration;

The trustees declare that they approved the report and accounts for the period ended 31 October 2020.

Signed: DBMcLennan

Name: Dorrisy Brenda McLennan

Director & Company Secretary on behalf of the Trustees

CHAYAH DEVELOPMENT PROJECT LTD [RCCG] WINNERS TEMPLE

Charity REG.No 1181113

TRUSTEES' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER 2020

ASAMAI CONSULTING LIMITED ACCOUNTANTS & BUSINESS ADVISORS 8B BRITON STREET LEICESTER LE3 0AA

Tel: 01163195972 Fax: 01162252154 Fax: 07723363184

CHAYAH DEVELOPMENT PROJECT LTD

CONTENT
Page
Trustees and Advisers
1
Trustees' Report
2 &3
Independent Examiner`s Report to the Trustees
4		 -
Statement of Financial Activities
5
Balance sheet
6
Notes forming part of the Financial Statement 7 to 13

CHAYAH DEVELOPMENT PROJECT LTD

LEGAL AND ADMINISTATIVE INFORMATION

Trustees: Carl White Karina Scott (Chair) Notoya Cornwall Valerie Horsley Registered Office: 26 Robin Hood Chase Nottingham NG3 4EZ Charity No. 1181113 Bankers: Cooperative Bank Accountants ASAMAI CONSULTING LIMITED ACCOUNTANTS & BUSINESS ADVISORS 8B BRITON STREET LEICESTER LE3 0AA

1

CHAYAH DEVELOPMENT PROJECT LTD TRUSTEES REPORT

The Trustees have pleasure in submitting their report and accounts for the year ended 31st October 2020. The financial statements have been prepared in accordance with the accounting policies set out on pages 7 to 8 and comply with the statement of Recommended Practice (SORP March 2005), and the applicable law.

Structure, Governance and Management

Constitution

The Charity is constituted under a Trust Deed dated 11 December 2018 and Charity is number 1181113, on the central register of the Charity Commission of England and Wales.

The principal objectives of the Charity is to reach the disadvantaged young women and empowered their lives through robust sustainable long-term support/engagement.

Method of Appointment or Election of Trustees

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust Deed.

Organisational Structure and Decision Making

The Charity is organised so that the trustees meet regularly to manage its affairs.

Related Party Relationships

There are no related party relationships during the period under review

Development activities and achievements in the year

See the trustee's report attached

Risk Policy

The Trustees have assessed the major risks to which the Charity is exposed, particularly those relating to the operations and finance and are satisfied with the risk management systems in place to mitigate any risk exposure.

Future Developments

See the trustee's report attached

Review of financial Position

The net incoming resources for the year amounted to -£733(Year 2019 was -£733). All these have been unrestricted reserves and no fund is allotted to restricted projects.

CHAYAH DEVELOPMENT PROJECT LTD TRUSTEES REPORT CONTINUED

2

Reserve Policy

The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets [the free reserves] held by the charity should be 3 months of annual expenditure. At this level, the trustees feel that they would be able to continue the current activities of the charity in the event of significant drop in funding.

Principal Funding

This is provided mainly by the Big Lottery and other smaller funders such as Nottingham Women's Centre and the Metropolitan Housing.

Statement of Trustees’ Responsibilities

The Charities Act requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the surplus or deficit of the charity for that period. of the state of affairs of the charity and In preparing those financial statements, the trustees are requested to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993 [as amended by Act 2006]. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Trustees and other information

The members of the Board of Trustees who served during the year were:

Carl White Karina Scott (Chair) Notoya Cornwall Valerie Horsley

This report was approved by the Board of Trustees on the 31 July 2021 and signed on its behalf by: Karina Scott (Chair)

Secretary to the Board Of Trustees

3

INDEPENDENT EXAMINER`S REPORT TO THE TRUSTEES OF CHAYAH DEVELOPMENT PROJECT LTD

We report on the financial statements of the charity for the year ended 31st October, 2020 which are set out below and notes to the financial statements on pages 7 to 13

Respective Responsibilities of Trustees and Examiners

As the charity`s Trustees, you are responsible for the preparation of the accounts; It is our responsibility to state on the basis of procedures specified in the general directions given by the charity commissioners under section 43 (7) of the act, whether particular matters have come to our attention.

Basis of Independent Examiner`s Report

Our examination was carried out in accordance with the general directions given by the charity commissioners. An examination includes review of accounting records kept by the Trustees and a comparism of accounts presented with those records.

It also includes consideration of any unusual items or disclosures in the accounts and seeking explainations from you as the Trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit and consequently we do not express an audit opinion on the view given by the accounts.

Independent Examiner`s Statements

In connection with the examination, no matter has come to our attention:-

_____________

Mr. Chris Jarjou FCCA CPFA MBA, MSc FFTA FFA/IPA MAAT CHIEF EXECUTIVE OFFICER ASAMAI CONSULTING

Dated : ___

4

CHAYAH DEVELOPMENT PROJECT LTD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST OCTOBER 2020

NOTES
INCOMING RESOURCES
Incoming resources from generated funds:
Voluntary income
2
Investment income
3
Total Incoming Resources
RESOURCES EXPENDED
Charitable activities
8
Governance Costs
4
Total Resources Expended
7
Net Movement in funds
Total Funds Brought Forward
Total Funds Carried Forward		 UNRESTRCTED FUND
RESTRICTED FUND
TOTAL FUND
TOTAL FUND
2020
2019
£
£
£
£
175,270
-
175,270
74,222
-
-
-
-
175,270
-
175,270
74,222
-
173,277
-
173,277
60,135
2,726
-
2,726
14,820
176,003
-
176,003
74,955
-733
-
-733
-733
-733
-
-733
-
-1466
-
-1466
-733

There were no recognised gains or loses for the period other than those included in the statement of Financial activities

The notes on pages 7 to 13 form part of these accounts.

5

CHAYAH DEVELOPMENT PROJECT LTD BALANCE SHEET AS AT 31ST OCTOBER 2020

CHAYAH DEVELOPMENT PROJECT LTD
BALANCE SHEET AS AT 31ST OCTOBER 2020
NOTES
2020
£
£
FIXED ASSETS
Tangible Fixed Assets
10
-
CURRENT ASSETS
Cash at Bank and in Hand
-
Debtor
9
-
-
LESS CREDITORS
Amounts falling within one year
11
1,466
-
NET CURRENT ASSETS
-1466
LESS CREDITORS
Less Amounts falling due after more than one ye
12
-
TOTAL ASSETS
-1466
CHARITY FUNDS
Restricted Funds
13
-
Unrestricted Funds
13
-1466
-1466
Aproval by the Board of Trustees on the _____and signed on its behalf by:
______
Chairman (Board of Trustees)
The notes on pages 7 to 13 form part of these accounts.		 2019
£
-
-
-
-
733
-733
-
-733
-
-733
-733

6

CHAYAH DEVELOPMENT PROJECT LTD NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER, 2020

1.1 Basis of preparation of accounts

The accounts are prepared under the historical cost convention, with the exception of investment which are included at market value and include the results of the Charity operations which are described in the Trustees' Report and all of which are continuing.

The accounts have been prepared in accordance with the Statement of Recommended Practice (SORP March 2005) For Charity Accounts and the Charities Act 1993 [as amended by Act 2006] The Charity has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cashflow statement on the grounds that it qualifies as small charity.

All fixed assets costing £250 or more are capitalised at cost. Tangible fixed assets for use by the Charity are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Freehold Property Nil Motor Vehicle 25% Reducing Balance Fixtures & Fittings 25% Reducing Balance Church Equipment 25% Reducing Balance Computer Equipment 20% Reducing Balance

1.3 Incoming Resources

Main Grant

The Main grant funder is the big Lottery who fund our Reach Programme

Chayah

The other funders include Nottingham Women`s Centre and Metropolitian Housing

7

CHAYAH DEVELOPMENT PROJECT LTD NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER, 2020

1.4 Value Added Tax (VAT)

Value Added Tax is not recoverable by the Charity, and as such is included in the relevant cost in the Statement of Financial Activities.

1.5 Resources Expended

Resources expended are included in the Statement of Financial Activities on accruals basis. Certain costs have been apportioned between Direct Charitable Expenditure and Management and Administration on bases consistent with the use of those resources.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grant being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to condtions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

1.6 Funds Accounting

Funds held by the Charity are:

Unrestricted General Fund - General Funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted Funds - which were raised for particular restricted purposes and can only be used for those particular restricted purposes within the objects of the Charity.The cost of raising and administering such funds are charged against the specific fund.

Investment income, gains and losses are allocated to the approprate fund.

8

CHAYAH DEVELOPMENT PROJECT LTD NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST OCTOBER 2020

2. VOLUNTARY INCOME
Main Grant
Chayah
Covid Response
Total Voluntary Income
3. INVESTMENT INCOME
Rental Income
Bank Interest Receivable
Total Investment Income		 Restricted
Unrestricted
Total
Total
Funds
Fund
Fund
Fund
2020
2020
2020
2019
£
£
£
£
-
105,580
105,580
54,615
-
-
-
19,607
-
69,690
69,690
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Restricted
Unrestricted
Total
Total
Funds
Fund
Fund
Fund
2020
2020
2020
2019
£
£
£
£
-
105,580
105,580
54,615
-
-
-
19,607
-
69,690
69,690
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
175,270
175,270
74,222
Restricted
Unrestricted
Total
Total
Funds
Fund
Fund
Fund
2020
2020
2020
2019
£
£
£
£
-
-
-
-
-
-
-
-
-
-
-
-

9

CHAYAH DEVELOPMENT PROJECT LTD NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST OCTOBER 2020

4. GOVERNANCE COSTS
Accountancy & Independent Examiners
Legal and Professional Fees
5. DIRECT COSTS
Wages & Salaries
Pension
P A Y E & NIC		 Restricted Unrestricted
Total
Total
Funds
Fund
Fund
Fund
2020
2020
2020
2019
£
£
£
£
-
720
720
720
-
2,006
2,006
14,100		 Restricted Unrestricted
Total
Total
Funds
Fund
Fund
Fund
2020
2020
2020
2019
£
£
£
£
-
720
720
720
-
2,006
2,006
14,100
-
2,726
2,726
14,820
Basis of
Total
Total
Allocation
2020
2019
£
£
£
Actual
68,754
68,754
35,594
Actual
983
983
1,386
Actual
3,036
3,036
7,530

72,773 72,773 44,510

6. SUPPORT COSTS
Basis of Total Total
Allocation 2020 2019
£ £ £
Water Rate Actual 3,204.00 3,204.00 1,271.00
Rent Actual 8,650.00 8,650.00 4,250.00
Subscfiptions Actual - - 188.00
Printing, Postage and Stationary Actual 1,631.00 1,631.00 -
Telephone & Internet Actual 3,508.00 3,508.00 1,777.00
Insurance/Licences Actual - - 472.00
Sundry Expense Actual 631.00 631.00 228.00
Travel Expenses Actual 4,790.00 4,790.00 6,155.00
Electricity, Gas Actual 4,615.00 4,615.00 1,284.00
Consultancy Actual 24,322.00 24,322.00 -
Staff Welfare Actual 517.00 517.00 -
Training & Development Actual 14,432.00 14,432.00 -
Repairs & Renewals Actual 9,905.00 9,905.00 -
General Welfare Actual 24,299.00 24,299.00 -
- -

100,504 100,504 15,625

10

CHAYAH DEVELOPMENT PROJECT LTD NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST OCTOBER 2020

7. ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE

Direct & Support Cost
Governance		 Depreciation Other Costs
Total
Total
2020
2020
2020
2019
£
£
£
£
-
173,277
173,277
-
-
2,726
2,726
-
-
176,003
176,003
-

8. ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES

Direct & Support Cost Activities
Undertaken
Support
Directly
Cost
Total
Total
[Note-5]
[Note-6]
2020
2020
2020
2019
£
£
£
£
72,773
100,504
173,277
60,135
72,773
100,504
173,277
60,135

The average number of staff employed by the Charity during the year was X (2019 - X)

No Trustee has received remuneration in the year. No expenses have been reimbursed to any of the Trustees. No Employees whose emoluments exceeded £50,000. No Trustee received any benefit in kind

9. DEBTORS
Due Within One Year
Other Debtors
Prepayments
Accrued Income
Due after more than one year
Accrued Income
Loan		 2020
2019
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-

11

CHAYAH DEVELOPMENT PROJECT NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST OCTOBER 2020

10.TANGIBLE FIXED ASSETS
Freehold &
Property
Motor Vehicle
Equipmen F &
Fittings
Computer
Equipment
£
£
£
£
Cost At 1st November 2019
-
-
-
-
Additions
-
-
-
-
Disposals
-
-
-
-
At 31st October. 2020
-
-
-
-
DEPRECIATION
At 1st November, 2019
-
-
-
-
Charge for the year
-
-
-
-
Disposal
-
-
-
-
At 31st October. 2020
-
-
-
-
NET BOOK VALUE AT 31ST OCT. 2020
-
-
-
-
NET BOOK VALUE AT 31ST OCT. 2019
-
-
-
-
The net book value of assets held under finance leases or hire purchase contracts, included above are
as follows
2020
2019
£
£
Motor Vehicle
-
-
11. CREDITORS
2020
2019
£
£
Amount falling due within one year
Acrued Expenses
1,466
733
Bank Overdrafts
-
-
-
-
-
-
-
-
-
-
1,466
733		 Freehold &
Property
£
-
-
-		 Freehold &
Property
£
-
-
-		 Motor Vehicle
£
-
-
-		 Equipmen F &
Fittings
£
-
-
-		 Equipmen F &
Fittings
£
-
-
-		 Computer
Equipment
£
-
-
-		 TOTAL
£
-
-
-
- - - - -
-
-
-		 -
-
-		 -
-
-		 -
-
-		 -
-
-
- - - - -
- - - - -
- - - - -

12

CHAYAH DEVELOPMENT PROJECT NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST OCTOBER 2020

12. CREDITORS
Amount falling after more than one year
Acrued Expenses
Other Creditors
Creditors include amounts not wholly repayable
within 5 years as follows:
Repayable by instalments
13. STATEMENT OF FUNDS
Unrestricted Funds
General Funds- all funds
Restricted Funds
Building Fund
Total of Funds
SUMMARY OF FUNDS
General Funds
Restricted Funds
14. ANALYSIS OF NET ASSETS BETWEEN-
FUNDS
Tangible Fixed Assets
Debtors Due after more than 1 Year
Current Assets
Creditors Due within one year
Creditors Due in more than one year
15. RELATED PARTY TRANSACTIONS		 2020
2019
£
£
-
-
-
-
-
-
-
2020
2019
£
£
-
-
-
-
Brought
Incoming
Resources
Carried
Forward
Resources
Expended
Forward
£
£
£
£
-733
175,270
176,003
-1466
-
-
-
-
-
-
-
-
-733
175270
176003
-1466
Brought
Incoming
Resources
Carried
Forward
Resources
Expended
Forward
£
£
£
£
-733
175,270
176,003
1,466
-
-
-
-
-
-
-
-
-
-733
175,270
176,003
1,466
-
Restricted
Unrestricted
Total
Total
Funds
Funds
Funds
Funds
2020
2020
2020
2019
£
£
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
1,466
1,466
733
-
-
-
-
-
-1466
-1466
-733

13

INDEPENDENT EXAMINER`S REPORT TO THE TRUSTEES OF CHAYAH DEVELOPMENT PROJECT LTD

We report on the financial statements of the charity for the year ended 31st October, 2020

which are set out below and notes to the financial statements on pages 7 to 13

Respective Responsibilities of Trustees and Examiners

As the charity`s Trustees, you are responsible for the preparation of the accounts;

It is our responsibility to state on the basis of procedures specified in the general

directions given by the charity commissioners under section 43 (7) of the act, whether particular

matters have come to our attention.

Basis of Independent Examiner`s Report

Our examination was carried out in accordance with the general directions given by the charity commissioners. An examination includes review of accounting records kept by Trustees and a comparison of accounts presented with these records.

It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as the Trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit and consequently we do not express an audit opinion on the view given by the accounts.

Independent Examiner`s Statements

In connection with the examination, no matter has come to our attention: -

1) Which give us reasonable cause to believe that in any material respect the requirements

to keep accounting records in accordance with section

accounting requirements of the Act have not been met or

2) to which, in our opinion, attention should be drawn to enable a proper understanding of the account to be reached

Mr. Chris Jarjou FCCA CPFA MBA, MSc FFTA FFA/IPA MAAT CHIEF EXECUTIVE OFFICER ASAMAI CONSULTING

Dated :

28/08/2021