## **WE ARE STRONGER CHARITY**
**REGISTERED CHARITY NUMBER: 1181286**
## **Report of the Trustees and Financial Statements**
For The Year Ended 20 December 2020
Verdant Accountants Ltd 167 Clarence Avenue New Malden Surrey KT3 3TX
## **WE ARE STRONGER CHARITY**
## **CONTENTS**
|For The Year Ended 20 December 2020||
|---|---|
||**PAGE**|
|**Trustees’Annual Report**|**1- 3**|
|**Statement of Financial Activities**|**4**|
|**Balance Sheet**|**5**|
|**Notes to the Financial Statements**|**6 – 7**|
## **WE ARE STRONGER CHARITY**
## **TRUSTEES’ ANNUAL REPORT**
For The Year Ended 20 December 2020
## **Trustees**
**Trustees** Olga Venosa (appointed 20/12/2018) Andrea Papp (appointed 10/12/2020) Lisa Crivello (appointed 10/12/2020) Alexander Unterrainer (appointed 24/06/2019) Ilaria Bianch (appointed 10/12/2020) Veronica Gioscia (appointed10/12/2020) Maria Limongi (resigned 16/12/2020) Christos Mylonas (resigned 16/12/2020) Callum Moore (resigned 16/12/2020) Neil Watt (resigned 16/12/2020) Christopher Robertson (resigned 16/12/2020) Ineke Houtenbos (resigned 27/11/2020) **Organisation type** Charitable Incorporated Organisation **Registration history** Registered and governed by CIO – Foundation dated 20 Dec 2018 **Charity registration number** 1181286 **Charity’s Principal address** 273 Old Brompton Road London SW5 9JA **Accountant** Chaweevan Williams FCCA Verdant Accountants Ltd 167 Clarence Avenue New Malden Surrey KT3 3TX
**Bankers** National Westminster Bank Plc. South Kensington Station (B) PO Box No 592
Page 1
18 Ciotnwell Place
London
NW6 4HJ
Pag8 2
## **WE ARE STRONGER CHARITY**
## **TRUSTEES’ ANNUAL REPORT** (continued)
For The Year Ended 20 December 2020
## **Charitable objects**
The objects of the CIO are:
(A) To preserve and protect the mental health and wellbeing of people who have been or are being bullied or are being bullied or who are at risk of being by bullying, in particular but not exclusively by:
I) The provision of anti-bullying programmes and one to one counselling sessions ii) Raising awareness and understanding of the effects of bullying.
(B) To advance such other charitable purposes (according to the law of England and Wales)
as the trustees see fit from time to time, in particular but not exclusively by making grants to other charities and Non-Government Organisations which promote the health and well-being of children and adults.
## **Activities And Achievements**
During the year operation, the Organisation provided helps to many people and achieved objectives set out by the charity.
## **COVID 19**
As the result of COVID-19, lockdown took place, the charity carried on as best as possible. The decrease in Incomes & expenditures are mainly related to COVID-19.
## **Finance**
The Charity has managed to raise funds and paid out to support people in need and paid for external consultants and the running costs of the organisation resulting in a surplus at the first period in operation.
## **Reserve Policy**
The Trustees maintain reserve at a level which permits provision for help and support people in need at an appropriate level from the first year on.
Page 3
## **WE ARE STRONGER CHARITY**
## **TRUSTEES’ ANNUAL REPORT**
For The Year Ended 20 December 2020
## **Trustees’ Responsibilities**
The Trustees are responsible for preparing the Trustees’ Report and Financial Statements in accordance with applicable law and regulations.
In preparing these financial statements, the trustees are required to:
a) select suitable accounting policies and then apply them consistently;
b) observe the methods and principles in the Charities SORP;
c) make judgements and accounting estimates that are reasonable and prudent;
d) state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
e) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Church will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose, with reasonable accuracy at any time, the financial position of the Charity and which it ensure that the financial statements comply with the Charities Acts 2011. 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.
Approved by the trustees and signed on their behalf by
**Olga Venosa, Chair, Founder & Trustee**
**Dated**
31/12/2020
Page 4
## **WE ARE STRONGER CHARITY**
## **STATEMENT OF FINANCIAL ACTIVITIES**
|For The Year Ended 20 December 2020|||
|---|---|---|
|**INCOMING RESOURCES**
Notes
Incoming resources from
charitable activities
2
**Total incoming resources**
**RESOURCES EXPENDED**
Charitable expenses
3
**Total resources expended**
**NET INCOME/ (EXPENDITURE)**
Net income / (expenditure)
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
All funds for the years 2019 and 2020 are unrestricted.|**Total**
**Unrestricted**
**Funds**
**2020**
**£**
**4,913**
**4,913**
**8,014**
**8,014**
**(3,101)**
**5,077**
**1,976**|**Total**
**Funds**
**2019**
**£**
14,867
14,867
9,790
9,790
**5,077**
0
**5,077**|
Page 5
## **WE ARE STRONGER CHARITY**
## **BALANCE SHEET**
For The Year Ended 20 December 2020
|**CURRENT ASSETS**
Debtors
Cash at bank
**CURRENT LIABILITIES**
Amounts falling due within 1 year:
Accruals
Net current assets (liabilities)
**TOTAL NET ASSETS**
**RESERVES AND FUNDS**
Unrestricted funds|Notes
4
5|**2020**
**£**
**0**
**2,026**
**2,026**
**(50)**
**1,976**
**1,976**
**1,976**
**1,976**|**2019**
£
**0**
**5,677**|
|---|---|---|---|
||||**5,677**
**(600)**
**5,077**
**5,077**
**5,077**
**5,077**|
Approved by the trustees and signed on their behalf by
**Olga Venosa, Chair, Founder & Trustee Dated** 31/12/2020
Page 6
## **WE ARE STRONGER CHARITY**
## **NOTES TO THE ACCOUNTS**
For The Year Ended 20 December 2020
## **1 ACCOUNTING POLICIES**
## **1.1 BASIS OF ACCOUNTING**
The financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015); Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
## **1.2 FUND ACCOUNTING**
Unrestricted funds are available for the use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are those funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.
All income is included in the statement of financial activities when the charity is entitled to the income and the amount can be Quantified with reasonable accuracy.
## **1.3 EXPENDITURE**
Expenditure has been recognised in the accounts on an accrual basis including post balance date liabilities.
All expenditure that includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Other costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the examination fees (where applicable) and costs linked to the strategic management of the charity.
All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis as seen by the Trustees.
Page 7
## **WE ARE STRONGER CHARITY**
## **NOTES TO THE ACCOUNTS (Continued…)**
For The Year Ended 20 December 2020
|**2**
**INCOMING RESOURCES FROM CHARITABLE ACTIVITIES**
Fundraising, events & donations
Corporate donations
**Total Incoming Resources**
**3**
**CHARITABLE EXPENSES**
Charity Set up cost
Charitable & events donations
Consultants
Printing & Stationery
Fundraising Expenses
Fundraising London Marathon
Fundraising Event Costs
Office miscellaneous
Marketing/social media & Telephone
Disclosure & Barring Service -DBS
Staff travel
Just Giving charge
Website hosting, Maibox & Artograph
Zoom & IT
Hire of places for meeting/events
Staff food/entertainment
Insurance
Legal & Professional
Bookkeeping, Accounting & Compliance
**Total Resources Expended**|**2020**
**£**
**3,913**
**1,000**
**4,913**
**2020**
**£**
**0**
**3,185**
**883**
**324**
**0**
**0**
**0**
**80**
**384**
**462**
**98**
**120**
**284**
**476**
**38**
**1,080**
**600**
**8,014**|2019
£
9,467
5,400|
|---|---|---|
|||14,867|
|||2019
£
590
0
400
420
766
2,812
2,782
213
450
35
71
50
445
0
0
156
0
0
600|
|||9,790|
Page 8
## **WE ARE STRONGER CHARITY**
## **NOTES TO THE ACCOUNTS (Continued…)**
For The Year Ended 20 December 2020
|**4**
**DEBTORS**
Misc
**Total Debtors**
**5**
**CREDITORS & ACCRUALS**
**Total Creditors & Accruals**
Bookkeeping, Accounting,Tax &
Compliance|**2020**
**£**
**0**
**0**
**2020**
**£**
**50**
**50**|2019
£
0|
|---|---|---|
|||0|
|||2019
£
600|
|||600|
Page 9