2023-12-20-accounts

WE ARE STRONGER CHARITY

REGISTERED CHARITY NUMBER: 1181286

Report of the Trustees and Financial Statements

For The Year Ended 20 December 2023

Verdant Accountants 20-22 Wenlock Road London N1 7GU

WE ARE STRONGER CHARITY

CONTENTS

For The Year Ended 20 December 2023
	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 2023
Trustees	Olga Venosa (appointed 20/12/2018)
	Andrea Papp (appointed 10/12/2020)
	Alexander Unterrainer (appointed 24/06/2019)
	Ilaria Bianch (appointed 10/12/2020)
Organisation type	Charitable Incorporated Organisation (CIO)
Registration history	Registered and governed by CIO – Foundation dated 20 Dec 2018
Charity registration number	1181286
Charity’s Principal address	Capital Office
	124 City Road
	London
	EC1V 2NX
Accountant	Verdant Accountants
	20-22 Wenlock Road
	London
	N1 7GU
Bankers	National Westminster Bank Plc.
	South Kensington Station (B)
	PO Box No 592
	18 Cromwell Place
	London
	NW6 4HJ

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WE ARE STRONGER CHARITY

TRUSTEES’ ANNUAL REPORT (continued)

For The Year Ended 20 December 2023

Charitable objects

The objects of the CIO are:

(A) To preserve and protect the mental health and well-being 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.

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 with using some reserve brought forward, resulting in a deficit during this financial year.

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.

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WE ARE STRONGER CHARITY

TRUSTEES’ ANNUAL REPORT

For The Year Ended 20 December 2023

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 on 15 January 2024 by:

Olga Venosa, Chair, Founder & Trustee

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WE ARE STRONGER CHARITY

STATEMENT OF FINANCIAL ACTIVITIES

For The Year Ended 20 December 2023

INCOMING RESOURCES Incoming resources from charitable activities Total incoming resources RESOURCES EXPENDED Charitable expenses Total resources expended NET INCOME/ (EXPENDITURE) Net income / (expenditure) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Notes 2 3	Total Unrestricted Funds 2023 £ 9,077 9,077 (11,269) (11,269) (2,192) 2,892 700	Total Funds 2022 £ 13,386
			13,386
			(16,624)
			(16,624)
			(3,238) 6,130
			2,892

All funds for the years 2023 and 2022 were unrestricted.

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WE ARE STRONGER CHARITY

BALANCE SHEET

As at 20 December 2023

CURRENT ASSETS Debtors Cash at bank Cash in hand CURRENT LIABILITIES Amounts falling due within 1 year: Accruals Net current assets (liabilities) TOTAL NET ASSETS RESERVES AND FUNDS Unrestricted funds	Notes 4 5	2023 £ 0 450 250 700 0 700 700 700 700	2022 £ 0 2,892 0
			2,892 0
			0
			0
			2,892
			2,892

Approved by the trustees and signed on their behalf on 15 January 2024 by:

Olga Venosa Chair, Founder & Trustee

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WE ARE STRONGER CHARITY

NOTES TO THE ACCOUNTS

For The Year Ended 20 December 2023

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.

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WE ARE STRONGER CHARITY

NOTES TO THE ACCOUNTS (Continued…)

For The Year Ended 20 December 2023

2 INCOMING RESOURCES FROM CHARITABLE ACTIVITIES Fundraising, events & donations Corporate donations Inspire Hounslow Total Incoming Resources 3 CHARITABLE EXPENSES Charitable & events donations Consultants Printing & Stationery Office miscellaneous Crowd Funding expenses Staff travel Website hosting, Zoom & IT Insurance Legal & Professional Bookkeeping, Accounting & Compliance Total Resources Expended	2023 £ 1,244 2,844 4,989 9,077 2023 £ 4577 2880 232 0 51 1716 907 296 0 610 11,269	2022 £ 0 3,631 9,755
		13,386
		2022 £ 9556 3600 295 6 571 1003 346 557 0 690
		16,624

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WE ARE STRONGER CHARITY

NOTES TO THE ACCOUNTS (Continued…)

For The Year Ended 20 December 2023

4 DEBTORS Misc Total Debtors 5 CREDITORS & ACCRUALS Total Creditors & Accruals Bookkeeping, Accounting,Tax & Compliance	2023 £ 0 0 2023 £ 0 0	2022 £ 0
		0
		2022 £ 50
		50

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