OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-01-31-accounts

Power to Live Foundation Trustees’ Report of Activities for year ended 30th April 2024 and

Financial Statements for the year ended 31 January 2024.

Charity registration number: 11819

Contents

Administrative Information 3
Purpose and Aims 3
What Needs Are We Addressing? 4
Our Unique Approach 4
Donations: 4
Collaborations: 4
Our Impact 2023 5
What is the client’s journey? 6
Who used and benefited from our service? 7
How Do Our Activities Deliver Public Benefit? 10
Samples of Client Feedbacks 10
Financial Statements for the Year Ended 31 January 2022 Attached

2

Administrative Information

Charity Name: Power to Live Foundation Charity registration number: 1181997 Operational address: Westgate Chambers, 8a Elm Park Road, Pinner, HA5 3LA

Trustees

Ms Tien Kuei Mr George Panayiotou Ms Olivia Gray Miss Raveen Bains

Management Committee

Ms Tien Kuei CEO Kelsey Wiemer Clinical Director Raveen Bains Head of Fundraising, Strategy and Campaign Kevin Sallows Finance Officer Jacqueline Thorne Operations Manager

Bankers

Charities Aid Foundation Bank 25 Kings Hill Avenue, Kings Hill Kent ME19, 4JQ

Accountant

Morgan Berkley , Westgate Chambers, 8a Elm Park Road, Pinner, HA5 3LA

Purpose and Aims

Our charity’s purpose as set out in the objectives of the Foundation’s Constitution is to benefit the public in the UK by:

  1. Providing evidence-based behavioural treatments to clients with no or low income in socially deprived communities.

  2. Supporting the advancement of evidence-based behavioural treatment by (but not limited to) training psychotherapists in these approaches, in order to provide subsidised treatment to the population group stated in object 1.

The aim of our charity is to provide relief from mental distress and social isolation for people with psycho-social difficulties, and ensure that they are integrated into their communities, and feel valued and respected.

3

Our Unique Approach

Growing evidence shows the efficacy of third-wave CBT approaches such as Acceptance and Commitment therapy (ACT), process-based psychotherapies, and neuro-behavioural interventions in treating anxiety, depression, and complex trauma. Although IAPT services provide first-wave CBT treatment, NHS mental health trusts are yet to catch up with the evolving field, specifically the third and fourth waves, which adopt primarily behavioural approaches that focus on changing behaviours rather than change how you think. Apart from the NHS IAPT services, not many services offer robust, cost-effective behavioural therapy. Private services for CBT and behavioural approaches are expensive to self-fund and are therefore not an option for low-income groups.

Donations:

This year we received £5000 from The Amaryllis Fleming Foundation and £5000 from our trustee George Panayiotou.

Our Head of Fundraising Ravaeen Bains made an heroic effort and raised more than £12,000 for us, half was matched by Microsoft Benevity charity scheme.

Collaborations:

We have renewed our collaboration with the Department of Environment, Food and Rural Affairs (DEFRA) to receive referrals to treat care-experienced young adults currently working with DEFRA. We already have a collaboration with Drive Forward Foundation to receive referrals for the care-experienced young adults they work with. This client group has complex attachment trauma and needs, so this means we expanded our paid senior therapist team, who are all qualified CBT therapists to train in trauma informed treatments.

4

Our Impact

End of April 2023 End of April 2024
Number of Clients
assessed		 125 218
Number of Therapists 14placement therapists 20placement therapists
Waiting time 6 weeks 1 week
Therapy Capacity 56clients a week (minimum) can
receive treatment		 96clients a week (minimum) can receive
treatment
Total no of sessions 1608 2308
Senior Therapist Team EIGHTsenior therapists -
TWOmore qualified therapists were
selected to join our senior team.		 FOURsenior Therapists
Senior team moved into paid positions
with other organisations.
Supervision THREE Supervisorscovering the whole
team		 THREE Supervisorscovering the whole
team
In-person Therapy We have a full time clinic room at
Longcroft House, EC2M 4NS near
Liverpool Street station. Now we will build
on increasing our in-person treatment
offerings..
Social Connection Group
Building a connected
community.		 Social connection groupstarted in
February 2023, holdingTHREE
meetings a month. This group is
promoted on meetup.com to be open
to all and also promoted to clients that
have completed treatment with us so
they can continue to be supported
within the P2L community.		 We are focused on expanding our
in-person social groups and phasing out
the online groups.
Team Expansion Finance Officerappointed as a paid
role.		 We appointed another Finance Officer,
Kevin Sallows to join our team.
Finance Individual client Invoicing system Subscription model - clients pay for
sessions weekly for 13 weeks via DD.
This has reduced our admin for invoicing
and credit control, and also improved
client commitment to attendance.

5

Care Pathway Book • fr•• •s••Mm•nt onlln• Th• first step requires I￿￿1n9 •n assessmeni orthlin•ty coryl•tlw • f•qiSti•tlon ltym on tA•b4t• Aft•r compl•ilng th• r•giknt lonn. • cllnkl•n I￿11 cont•ct ￿ lthln • towr•ry• A tllnlclan wlll ¢orrtxt>w tr4•rn•11 to•ffwJ•• 45.mlnut• youreonv•nl•nc•. Th• Th• infNmation obiain•d during ass•ssm•nt is •nd a d•clslon Is mad• rn9wdlng ￿C•Pt•nc• lor t+￿•￿. Pl••s• not• ¢hJ• to th• ￿trIn•• th•r•plsts •rrfl Ilmlt•d 7h• do hkn• strf¢t •x¢lusion ¢rlt•ria hkh b• l￿ft￿ m oui •bsit•. If w• •r• unbl• to 4cc•pt >wr r•l•rr41. ill b• notill•d vl• phM• ¢•ll •nd In wrltfir¥J. ¥••lcom• ¢0 rnl•r •g•ln In ttr• Allocatlon or slgnpostlng Ma¢c•pt•d for tr••tnnt will b• notlfi•d b/•m•M •nd • th•r•piM •llo¢•t•d •$ •$ Fwil>l• b•s•d ￿

Who used and benefited from our service?

P2L has been able to provide minimum-cost therapy to 55.7% of clients with income below £25,000 referred to our service over the past year. 35% belonged to the no income to lower income category as they either were not in paid employment or were receiving benefits or within the low-income category. A total of 95% of our clients have regularly attended therapy, showing a high retention rate regardless of varying ages and income levels.

Referral Source

Income Level of Service Users

7

Who used and benefited from our service?

Figure 4: Type of issues presented by client

Our data showed that the most common presenting problems experienced by our client population are Anxiety, depression and interpersonal issues.

8

Who used and benefited from our service?

Types of Endings

This information helps us to see the retention level of our therapists. Planned endings can indicate that our therapists have built a good therapeutic relationship. 63% of our endings are planned in some form, although we can further improve therapist training to support client retention.

9

How Do Our Activities Deliver Public Benefit?

Samples of Client Feedbacks C was a brilliant therapist and I felt like I got so much out of my sessions with her. She's extremely empathetic and kind and made me feel very supported so that I could be honest in my sessions. I was very lucky to have her as my therapist and feel super grateful for the experience of working with her. Honestly, ever since our very first call I had a good feeling about my therapist. Her approach really resonates with me personally. She has certainly helped me to navigate many different thoughts and feelings from my work life and personal life. I learnt a lot about Cognitive Behaviour Therapy through her. Sanchita both holds space for me to fully express myself and chimes in with useful grounding techniques, wisdom and encouragement. I’d definitely recommend power to live to anyone looking for a friendly therapist. I had been through a couple before finding her and it was so worth the wait. Great connection…I always look forward to my sessions. Thanks for the support. Thanks for all you do. You have been amazing and you are all such a great team. I can’t thank you enough I feel like I’m starting to slowly change as a person. Overall, therapy gave me an opportunity to get a different point of view, away from family and friends. Therapy is a type of self-care, because talking about how I feel has helped me become more honest and confident. Therapist spoke very clearly, engaged in eye contact and observed my non-verbal body language throughout. Disclosures made her feel like a real person. Hero behaviour.

10

Charity Registration No. 1181997

Company Registration No. CE016484 (England and Wales)

POWER TO LIVE FOUNDATION TRUSTEES' REPORT AND EXAMINED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

POWER TO LIVE FOUNDATION

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Tien Kuei George Panayiotou Olivia Gray Raveen Bains (Appointed 26 January 2024)

Secretary

Charity number 1181997 Company number CE016484 Registered address Westgate Chambers 8a Elm Park Road Pinner Middlesex HA5 3LA Independent examiner Morgan Berkeley Limited Westgate Chambers 8a Elm Park Road Pinner Middlesex HA5 3LA

POWER TO LIVE FOUNDATION

CONTENTS

Page
Trustees' report 1 - 2
Independent examiner's report 3
Statement of financial activities 4
Balance sheet 5
Notes to the financial statements 6 - 11

POWER TO LIVE FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 JANUARY 2024

The trustees present their annual report and financial statements for the year ended 31 January 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Companies Act 2006 and "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 2019)".

Objectives and activities

The charity was set up for such purpose that are charitable according to the law of England and Wales for the benefit of the public, in particular but, not exclusively for the purposes of advancement of health for public benefit.

Public benefit statement

In setting the charity’s objectives, the trustees have paid due regard to Public Benefit guidance published by the Charity Commission.

Achievements and performance

Summary of policies adopted to achieve the main aim:

The charity received funding from income arising from donations for the year under review.

During the year the charity did not expend any resources for charitable purposes as it was still in its early stages of establishing itself.

Financial review

Financial results

The detailed results are shown on page 4.

The present level of funding is adequate to support the continuation of the provision of the charity’s objectives, and the trustees consider the financial position to be satisfactory.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

Legal and administrative information

The charity was incorporated on 12th February 2019 as a Charitable Incorporated Organisation (CIO) and is governed by its constitution.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Tien Kuei George Panayiotou Olivia Gray Raveen Bains (Appointed 26 January 2024)

The Charity’s Trustees are appointed in accordance with its constitution. The Board has the power to appoint additional trustees as it considers fit to do so.

POWER TO LIVE FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024

Statement of trustees' responsibilities

The trustees, who are also the directors of Power To Live Foundation for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies 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.

The trustees' report was approved by the Board of Trustees.

Tien Kuei (Jul 24, 2024 07:26 ADT)

..............................

Tien Kuei

Trustee 24/07/2024 Dated: .........................

POWER TO LIVE FOUNDATION

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF POWER TO LIVE FOUNDATION

I report to the trustees on my examination of the financial statements of Power To Live Foundation (the charity) for the year ended 31 January 2024.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Morgan Berkeley Limited

Westgate Chambers 8a Elm Park Road Pinner HA5 3LA Middlesex

Dated: .........................

POWER TO LIVE FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 JANUARY 2024

Unrestricted Unrestricted
funds funds
2024 2023
Notes £ £
Income from:
Donations and legacies 3 29,004 13,250
Charitable activities 4 64,118 33,287
Other trading activities 5 2,684 392
Total income 95,806 46,929
Expenditure on:
Raising funds 6 126 269
Charitable activities 53,339 22,619
Other expenses 9 20,101 12,423
Total resources expended 73,566 35,311
Net movement in funds 22,240 3,725
Fund balances at 1 February 2023 21,495 17,770
Fund balances at 31 January 2024 43,735 21,495

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

POWER TO LIVE FOUNDATION

BALANCE SHEET

AS AT 31 JANUARY 2024

Notes
Fixed assets
Intangible assets
11
Tangible assets
12
Current assets
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within
one year
14
Net current assets
Total assets less current liabilities
Income funds
Unrestricted funds		 2024
£
458
49,445
49,903
(6,168)		 2023
£
£
-
-
-
7,927
24,872
32,799
(12,400)
43,735
43,735
43,735
43,735		 £
250
846
1,096
20,399
21,495
21,495
21,495

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 January 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

24/07/2024

The financial statements were approved by the Trustees on .........................

Tien Kuei (Jul 24, 2024 07:26 ADT) ~~..............................~~

Tien Kuei Trustee

Company registration number CE016484

POWER TO LIVE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

1 Accounting policies

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's, the Companies Act 2006 and "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 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

1.2 Going concern

There are no material uncertainties about the charity’s ability to continue.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.5 Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

POWER TO LIVE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024

1 Accounting policies

(Continued)

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Website costs 25% per annum

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer software 25% per annum

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

POWER TO LIVE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024

1 Accounting policies

(Continued)

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and legacies

**Unrestricted ** Unrestricted
funds funds
2024 2023
£ £
Donations and gifts 29,004 13,250

4 Charitable activities

Income from therapy
Drive Forward Foundation
Income from training course		 2024
£
30,667
10,925
22,526
64,118		 2023
£
14,214
14,190
4,883
33,287

POWER TO LIVE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024

5 Other trading activities

**Unrestricted ** Unrestricted
funds funds
2024 2023
£ £
Non-charitable trading activities 2,625 371
Bank interest receivable 59 21
Other trading activities 2,684 392

6 Raising funds

**Unrestricted ** Unrestricted
funds funds
2024 2023
£ £
Fundraising and publicity
Other fundraising costs 126 269
126 269

7 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

8 Employees

The average monthly number of employees during the year was:

2024
2023
Number
Number
2
2		 2024
2023
Number
Number
2
2		 2024
2023
Number
Number
2
2
The charity has 2 employees and 3 trustees during the year.

There were no employees whose annual remuneration was more than £60,000.

POWER TO LIVE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024

9 Other expenses

Unrestricted Unrestricted
funds funds
2024 2023
Staff training and related costs 5,647 3,924
Marketing and advertising 2,897 605
Insurance 193 193
Telephone 624 581
Accountancy fees 2,640 3,000
Rent 1,690 1,921
Bank charges 1,297 241
Computer and website costs 3,567 1,958
Legal and professional 450
Depreciation 1,096
20,101 12,423

10 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

11 Intangible fixed assets

Intangible fixed assets
Website costs
£
Cost
At 1 February 2023 and 31 January 2024 1,000
Amortisation and impairment
At 1 February 2023 750
Amortisation charged for the year 250
At 31 January 2024 1,000
Carrying amount
At 31 January 2024 -
At 31 January 2023 250

POWER TO LIVE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2024

12 Tangible fixed assets

Cost
At 1 February 2023
At 31 January 2024
Depreciation and impairment
At 1 February 2023
Depreciation charged in the year
At 31 January 2024
Carrying amount
At 31 January 2024
At 31 January 2023
13
Debtors
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
14
Creditors: amounts falling due within one year
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income		 Computer software
£
3,384
3,384
2,538
846
3,384
-
846		 Computer software
£
3,384
3,384
2,538
846
3,384
-
846
3,384
2,538
846
3,384
-
846
2024
£
458
-
458
2024
£
167
2,342
59
3,600
6,168		 2023
£
6,086
1,841
7,927
2023
£
-
5,750
-
6,650
12,400

15 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

Power To Live Foundation

Tax Computation

For the period 01/02/2023 to 31/01/2024

Tax Reference: 2168819587

Power To Live Foundation Period of Account 01/02/2023 - 31/01/2024

Contents

A1 Corporation tax liability for the period of account 2 A2 Corporation tax liability 2 A3 Chargeable profits 2

Power To Live Foundation Period of Account 01/02/2023 - 31/01/2024

A1

Total outstanding/(repayable) for the period of account

AP to
31/01/2024 Total
£ £
Total Corporation Tax outstanding/(repayable) -
A2
Corporation tax liability
AP to
Ref 31/01/2024
£
Profits chargeable to corporation tax A3 -
Tax outstanding/(repayable) -
A3
Chargeable profits
AP to
31/01/2024
Ref £ £
Profits chargeable to corporation tax A2 Nil

Company Tax Return CT600 (2024) Version 3

for accounting periods starting on or after 1 April 2015

Your Company Tax Return

If we send the company a ‘Notice’ to deliver a Company Tax Return it has to comply by the filing date or we charge a penalty, even if there is no tax to pay.

A return includes a Company Tax Return form, any supplementary pages, accounts, computations and any relevant information. The CT600 Guide tells you how the return must be formatted and delivered. It contains general information you may need to deliver your return, links to more detailed advice and box-by-box guidance for this form and the supplementary pages. The forms in the CT600 series set out the information we need and provide a standard format for calculations.

Company information
**1 ** Company name Power To Live Foundation
**2 ** Company registration number C E 0 1 6 4 8 4
**3 ** Tax reference 2 1 6 8 8 1 9 5 8 7
**4 ** Type of company 8

Northern Ireland (NI)

Put an ‘X’ in the appropriate boxes below Put an ‘X’ in the appropriate boxes below
**5 ** NI trading activity **6 ** SME
**7 ** NI employer **8 ** Special circumstances

About this return

This is the tax return for the company named above, for the period below 30 from DD MM YYYY 35 to DD MM YYYY 0 1 0 2 2 0 2 3 3 1 0 1 2 0 2 4 Put an ‘X’ in the appropriate boxes below 40 A repayment is due for this return period 45 Claim or relief affecting an earlier period 50 Making more than one return for this company now 55 This return contains estimated figures 60 Company part of a group that is not small 65 Notice of disclosable avoidance schemes Transfer pricing 70 Compensating adjustment claimed 75 Company qualifies for SME exemption

CT600(2024) Version 3

HMRC 04/24

Page 1

About this return – continued

Accounts and computations

----- Start of picture text -----
I attach accounts and computations for the period to which this return relates
X
I attach accounts and computations for a different period
If you’re not attaching the accounts and computations, explain why
Supplementary pages enclosed
Loans and arrangements to participators by close companies – form CT600A
Controlled foreign companies, foreign permanent establishment exemptions, hybrid and other mismatches – form CT600B
Group and consortium – form CT600C
Insurance – form CT600D
Charities and Community Amateur Sports Clubs (CASCs) – form CT600E X
----- End of picture text -----

95 Loans and arrangements to participators by close companies – form CT600A

142 Research and Development – form CT600L

143 Freeports and Investment Zones – form CT600M 144 Residential Property Developer Tax (RPDT) – form CT600N

Tax calculation – Turnover
**145 ** Total turnover from trade £ • 0 0
150 Banks, building societies, insurance companies and other financial concerns
– put an ‘X’ in this box if you do not have a recognised turnover and have not made an entry in box 145
Income
**155 ** Trading profits £ 0 • 0 0
**160 ** Trading losses brought forward set against trading profits £ • 0 0
**165 ** Net trading profits –box 155 minus box 160 £ 0 • 0 0
**170 ** Bank, building society or other interest, and profits £ • 0 0
from non-trading loan relationships

172 Put an ‘X’ in box 172 if the figure in box 170 is net of carrying back a deficit from a later accounting period

CT600(2024) Version 3

Page 2 Power To Live Foundation-2168819587

HMRC 04/24

Income – continued

**175 ** Annual payments not otherwise charged to Corporation Tax £ • 0 0
and from which Income Tax has not been deducted
**180 ** Non-exempt dividends or distributions from
non-UK resident companies		 £ • 0 0
**185 ** Income from which Income Tax has been deducted £ • 0 0
**190 ** Income from a property business £ • 0 0
**195 ** Non-trading gains on intangible fixed assets £ • 0 0
**200 ** Tonnage tax profits £ • 0 0
**205 ** Income not falling under any other heading £ • 0 0
Chargeable gains
**210 ** Gross chargeable gains £ • 0 0
**215 ** Allowable losses including losses brought forward £ • 0 0
**220 ** Net chargeable gains_–_box 210 minus box 215 £ 0 • 0 0

Profits before deductions and reliefs
**225 ** Losses brought forward against certain investment income £ • 0 0
**230 ** Non-trade deficits on loan relationships (including interest)
and derivative contracts (financial instruments)		 £ • 0 0
brought forward set against non-trading profits
**235 ** Profits before other deductions and reliefs – net sum of £ 0 • 0 0
boxes 165 to 205 and 220 minus sum of boxes 225 and 230

Deductions and reliefs
**240 ** Losses on unquoted shares £ • 0 0
**245 ** Management expenses £ • 0 0
**250 ** UK property business losses for this or previous £ • 0 0
accounting period
**255 ** Capital allowances for the purposes of management £ • 0 0
of the business
**260 ** Non-trade deficits for this accounting period from loan £ • 0 0
relationships and derivative contracts (financial instruments)

CT600(2024) Version 3

HMRC 04/24

Page 3 Power To Live Foundation-2168819587

Deductions and Reliefs – continued

263 Carried forward non-trade deficits from loan relationships
and derivative contracts (financial instruments)
£
0
0
•
265 Non-trading losses on intangible fixed assets
£
0
0
•
275 Total trading losses of this or a later accounting period
£
0
0
•
280 Put an ‘X’ in box 280 if amounts carried back from later
accounting periods are included in box 275
285 Trading losses carried forward and claimed against total profits£
0
0
•
290 Non-trade capital allowances
£
0
0
•
295 Total of deductions and reliefs
–total of boxes 240 to 275, 285 and 290
£
0
0
•
300 Profits before qualifying donations and group relief
– box 235 minus box 295
£
0
0
•
305 Qualifying donations
£
0
0
•
310 Group relief
£
0
0
•
312 Group relief for carried forward losses
£
0
0
•
315 Profits chargeable to Corporation Tax
–box 300 minus boxes 305, 310 and 312
£
0
0
•
320 Ring fence profits included
£
0
0
•
325 Northern Ireland profits included
£
0
0
•
0
0		 263 Carried forward non-trade deficits from loan relationships
and derivative contracts (financial instruments)
£
0
0
•
265 Non-trading losses on intangible fixed assets
£
0
0
•
275 Total trading losses of this or a later accounting period
£
0
0
•
280 Put an ‘X’ in box 280 if amounts carried back from later
accounting periods are included in box 275
285 Trading losses carried forward and claimed against total profits£
0
0
•
290 Non-trade capital allowances
£
0
0
•
295 Total of deductions and reliefs
–total of boxes 240 to 275, 285 and 290
£
0
0
•
300 Profits before qualifying donations and group relief
– box 235 minus box 295
£
0
0
•
305 Qualifying donations
£
0
0
•
310 Group relief
£
0
0
•
312 Group relief for carried forward losses
£
0
0
•
315 Profits chargeable to Corporation Tax
–box 300 minus boxes 305, 310 and 312
£
0
0
•
320 Ring fence profits included
£
0
0
•
325 Northern Ireland profits included
£
0
0
•
0
0		 263 Carried forward non-trade deficits from loan relationships
and derivative contracts (financial instruments)
£
0
0
•
265 Non-trading losses on intangible fixed assets
£
0
0
•
275 Total trading losses of this or a later accounting period
£
0
0
•
280 Put an ‘X’ in box 280 if amounts carried back from later
accounting periods are included in box 275
285 Trading losses carried forward and claimed against total profits£
0
0
•
290 Non-trade capital allowances
£
0
0
•
295 Total of deductions and reliefs
–total of boxes 240 to 275, 285 and 290
£
0
0
•
300 Profits before qualifying donations and group relief
– box 235 minus box 295
£
0
0
•
305 Qualifying donations
£
0
0
•
310 Group relief
£
0
0
•
312 Group relief for carried forward losses
£
0
0
•
315 Profits chargeable to Corporation Tax
–box 300 minus boxes 305, 310 and 312
£
0
0
•
320 Ring fence profits included
£
0
0
•
325 Northern Ireland profits included
£
0
0
•
0
0
0 0

Tax calculation

----- Start of picture text -----
X
----- End of picture text -----

Enter how much profit has to be charged and at what rate

----- Start of picture text -----
Financial Amount of profit Rate of tax Tax
year (yyyy) %
330 2 0 2 2 335 £ 340 19% 345 £ p
350 £ 355 360 £ p
365 £ 370 375 £ p
380 2 0 2 3 385 £ 390 19% 395 £ p
400 £ 405 410 £ p
415 £ 420 425 £ p
----- End of picture text -----

CT600(2024) Version 3

HMRC 04/24

Page 4 Power To Live Foundation-2168819587

Tax calculation – continued

Corporation Tax– total of boxes 345, 360, 375, 395, 410 and 425 430 £ 0 • 0 0
Marginal relief 435 £ •
Corporation Tax chargeable– box 430 minus box 435 440 £ 0 • 0 0

Reliefs and deductions in terms of tax
**445 ** Community Investment Tax Relief £ •
**450 ** Double Taxation Relief £ •
**455 ** Put an ‘X’ in box 455 if box 450 includes an underlying
rate relief claim
**460 ** Put an ‘X’ in box 460 if box 450 includes an amount carried
back from a later period
**465 ** Advance Corporation Tax £ •
**470 ** Total reliefs and deduction in terms of tax £ •
– total of boxes 445, 450 and 465

Coronavirus support schemes and overpayments (see CT600 Guide for definitions)
**471 ** Coronavirus Job Retention Scheme (CJRS) received £ •
**472 ** CJRS entitlement £ •
**473 ** CJRS overpayment already assessed or voluntary disclosed £ •
**474 ** Other coronavirus overpayments £ •

Energy levies
**986 ** Energy (Oil and Gas) Profits Levy (EOGPL) amounts liable £ • 0 0
**987 ** Electricity Generator Levy (EGL) exceptional generation receipts £ • 0 0
Calculation of tax outstanding or overpaid
**475 ** Net Corporation Tax liability – box 440 minus box 470 £ 0 • 0 0
**480 ** Tax payable on loans and arrangements to participators £ •
**485 ** Put an ‘X’ in box 485 if you completed box A70 in the
supplementary pages CT600A
**490 ** Controlled Foreign Companies (CFC) tax payable £ •
**495 ** Bank levy payable £ •
**496 ** Bank surcharge payable £ •
**497 ** Residential Property Developer Tax (RPDT) payable £ •

CT600(2024) Version 3

HMRC 04/24

Page 5 Power To Live Foundation-2168819587

Calculation of tax outstanding or overpaid – continued
**500 ** CFC tax, bank levy, bank surcharge and RPDT payable £ •
–total of boxes 490, 495, 496 and 497
**501 ** EOGPL payable £ •
**502 ** EGL payable £ •
**505 ** Supplementary charge (ring fence trades) payable £ •
**510 ** Tax chargeable
–total of boxes 475, 480, 500, 501, 502 and 505 £ 0 • 0 0
**515 ** Income Tax deducted from gross income included in profits £ •
**520 ** Income Tax repayable to the company £ •
**525 ** Self-assessment of tax payable before restitution tax £ 0 • 0 0
and coronavirus support scheme overpayments
–box 510 minus box 515
**526 ** Coronavirus support schemes overpayment now due £ 0 • 0 0
–total of boxes 471 and 474 minus boxes 472 and 473
**527 ** Restitution tax £ •
**528 ** Self-assessment of tax payable £ 0 • 0 0
–total of boxes 525, 526 and 527

Tax reconciliation
530 Research and Development credit £ •
535 (Not currently used) £ •
540 Creatives tax credit £ •
**545 ** Total of Research and Development credit £ •
and creative tax credit –total box 530 to 540
550 Land remediation tax credit £ •
555 Life assurance company tax credit £ •
**560 ** Total land remediation and life assurance company tax credit £ •
–total box 550 and 555
**565 ** Capital allowances first-year tax credit £ •
**570 ** Surplus Research and Development credits or £ •
creative tax credit payable –box 545 minus box 525
**575 ** Land remediation or life assurance company tax credit payable
–total of boxes 545 and 560 minus boxes 525 and 570		 £ •

CT600(2024) Version 3

HMRC 04/24

Page 6 Power To Live Foundation-2168819587

Tax reconciliation – continued

----- Start of picture text -----
580 Capital allowances first-year tax credit payable £ •
– boxes 545, 560 and 565 minus boxes 525, 570 and 575
585 Ring fence Corporation Tax included £ •
586 NI Corporation Tax included £ •
590 Ring fence supplementary charge included £ •
595 Tax already paid (and not already repaid) £ •
600 Tax outstanding £ •
– box 525 minus boxes 545, 560, 565 and 595
605 Tax overpaid including surplus or payable credits £ •
– total sum of boxes 545, 560, 565 and 595 minus 525
610 Group tax refunds surrendered to this company £ •
615 Research and Development expenditure credits £ •
surrendered to this company
----- End of picture text -----

Exporter information

During the return period, did the company export goods and/or services to individuals, enterprises or organisations outside the United Kingdom (UK)? 616 Yes – goods 617 Yes – services 618 No – neither

Indicators and information
**620 ** Franked investment income/Exempt ABGH distributions £ • 0 0
**625 ** Number of 51% group companies
Put an ‘X’ in the relevant boxes, if in the period, the company:
**630 ** should have made (whether it has or not) instalment payments as
under the Corporation Tax (Instalment Payments) Regulations		 a large company
**631 ** should have made (whether it has or not) instalment payments as
under the Corporation Tax (Instalment Payments) Regulations		 a very large company
**635 ** is within a group payments arrangement for the period
**640 ** has written down or sold intangible assets
**645 ** has made cross-border royalty payments
**647 ** Eat Out to Help Out Scheme: reimbursed discounts £ • 0 0
included as taxable income

CT600(2024) Version 3

HMRC 04/24

Page 7 Power To Live Foundation-2168819587

Information about enhanced expenditure and tax reliefs

Research and Development (R&D) or creative enhanced expenditure and tax reliefs

**650 ** Put an ‘X’ in box 650 if the claim is made by a small or medium-sized
enterprise (SME), including a SME subcontractor to a large company		 Put an ‘X’ in box 650 if the claim is made by a small or medium-sized
enterprise (SME), including a SME subcontractor to a large company		 Put an ‘X’ in box 650 if the claim is made by a small or medium-sized
enterprise (SME), including a SME subcontractor to a large company
**655 ** Put an ‘X’ in box 655 if the claim is made by a large company
**656 ** Put an ‘X’ in box 656 to confirm that a R&D claim notification form has been submitted
**657 ** Put an ‘X’ in box 657 to confirm that an additional information form has been submitted
**659 ** R&D expenditure qualifying for SME R&D relief £ • 0 0
660 R&D enhanced expenditure £ • 0 0
665 Creative qualifying expenditure and/or additional deduction £ • 0 0
**670 ** R&D and creative enhanced expenditure £ • 0 0
total box 660 and box 665
**675 ** R&D enhanced expenditure of a SME on work £ • 0 0
subcontracted to it by a large company
**680 ** Vaccine research expenditure £ • 0 0

Land remediation enhanced expenditure

685 Enter the total enhanced expenditure £ • 0 0

Information about capital allowances and balancing charges/disposal values Allowances and charges in the calculation of trading profits and losses

Capital allowances Capital allowances Capital allowances Capital allowances Capital allowances Balancing charges Balancing charges Balancing charges Balancing charges Balancing charges
Annual investment
allowance		 690 £
Full expensing 688 £ 689 £
Machinery and plant
– super-deduction
691		 £ 692 £
Machinery and plant
– special rate allowance

693		 £ 694 £
Machinery and plant
– special rate pool
695		 £ 700 £
Machinery and plant
– main pool
705		 £ 710 £
Structures and
buildings		 711 £
Business premises
renovation		 715 £ 720 £
Other allowances
and charges		 725 £ 730 £

CT600(2024) Version 3

Page 8 Power To Live Foundation-2168819587

HMRC 04/24

Allowances and charges in the calculation of trading profits and losses – continued

Capital allowances Capital allowances Capital allowances Capital allowances Capital allowances Disposal Disposal value value
Electric
charge-points		 713 £ 714 £
Enterprise zones 721 £ 722 £
Zero emissions
goods vehicles		 723 £ 724 £
Zero emissions 726 £ 727 £
cars

Allowances and charges not included in the calculation of trading profits and losses

Capital allowances Capital allowances Capital allowances Capital allowances Capital allowances Balancing charges Balancing charges Balancing charges Balancing charges Balancing charges
Annual investment
allowance		 735 £
Structures and
buildings		 736 £
Full expensing 733 £ 734 £
Business premises
renovation		 740 £ 745 £
Machinery and plant
– super-deduction		 741 £ 742 £
Machinery and plant
– special rate allowance
743		 £ 744 £
Other allowances
and charges		 750 £ 755 £
Capital allowances Disposal value
Electric
charge-points		 737 £ 738 £
Enterprise zones 746 £ 747 £
Zero emissions
goods vehicles		 748 £ 749 £
Zero emissions 751 £ 752 £
cars

CT600(2024) Version 3

Page 9 Power To Live Foundation-2168819587

HMRC 04/24

Qualifying expenditure

**760 ** Machinery and plant on which first £ • 0 0
year allowance is claimed
**765 ** Designated environmentally friendly £ • 0 0
machinery and plant
**770 ** Machinery and plant on long-life £ • 0 0
assets and integral features
**771 ** Structures and buildings £ • 0 0
**772 ** Machinery and plant £ • 0 0
– super-deduction
**773 ** Machinery and plant £ • 0 0
– special rate allowance
**775 ** Other machinery and plant £ • 0 0

Losses, deficits and excess amounts Amount arising

Amount Amount Maximum available Maximum available Maximum available Maximum available Maximum available for surrender for surrender for surrender for surrender
as group relief
Losses of trades
carried on wholly		 780 £ 785 £
or partly in the UK
Losses of trades		 790 £
carried on wholly
outside the UK
Non-trade deficits 795 £ 800 £
on loan relationships
and derivative contracts
UK property
business losses		 805 £ 810 £
Overseas property
business losses		 815 £
Losses from
miscellaneous		 820 £
transactions
Capital losses 825 £
Non-trading losses on
intangible fixed assets		 830 £ 835 £

Excess amounts

Amount Maximum available for surrender as group relief Non-trade capital 840 £ allowances Qualifying donations 845 £ Management expenses 850 £ 855 £

CT600(2024) Version 3

Page 10 Power To Live Foundation-2168819587

HMRC 04/24

Northern Ireland information

**856 ** Amount of group relief claimed which relates to NI trading
losses used against rest of UK/mainstream profits		 £ • 0 0
**857 ** Amount of group relief claimed which relates to NI trading
losses used against NI trading profits		 £ • 0 0
**858 ** Amount of group relief claimed which relates to rest of
UK/mainstream losses used against NI trading profits		 £ • 0 0

Overpayments and repayments Small repayments

860 Do not repay sums of £ • 0 0 or less.

Read the overpayments and repayments section of the Company Tax Return Guide for specific guidance on when and how to make an entry in this box.

Repayments for the period covered by this return
865 Repayment of Corporation Tax £ •
870 Repayment of Income Tax £ •
875 Payable Research and Development tax credit £ •
880 Payable Research and Development expenditure credit £ •
885 Payable creative tax credit £ •
890 Payable land remediation or life assurance company
tax credit		 £ •
895 Payable capital allowances first-year tax credit £ •

Surrender of tax refund within group

Including surrenders under the Instalment Payments Regulations Including surrenders under the Instalment Payments Regulations
**900 ** The following amount is to be surrendered £ •
Put an ‘X’ in the appropriate boxes below
the joint Notice is attached 905
or
will follow 910
915 Please stop repayment of the following amount £ •
until we send you the Notice

CT600(2024) Version 3

HMRC 04/24

Page 11 Power To Live Foundation-2168819587

Bank details (for a person to whom a repayment is to be made)

920 Name of bank or building society

925 Branch sort code

930 Account number

935 Name of account

940 Building society reference

Payments to a person other than the company

945 Complete the authority below if you want the repayment to be made to a person other than the company I, as (enter status – for example, company secretary, treasurer, liquidator or authorised agent)

950 of (enter company name)

955 authorise (enter name)

960 of address (enter address)

965 Nominee reference

to receive payment on company’s behalf

970 Name

Declaration

Declaration

I declare that the information I have given on this Company Tax Return and any supplementary pages is correct and complete to the best of my knowledge and belief.

I understand that giving false information in the return, or concealing any part of the company’s profits or tax payable, can lead to both the company and me being prosecuted.

975 Name

Tien Kuei

----- Start of picture text -----
Tien Kuei (Jul 24, 2024 07:26 ADT)
----- End of picture text -----

----- Start of picture text -----
980 Date DD MM YYYY
24/07/2024
985 Status
Trustee
----- End of picture text -----

CT600(2024) Version 3

Page 12 Power To Live Foundation-2168819587

HMRC 04/24

Company Tax Return – supplementary page Charities and Community Amateur Sports Clubs (CASCs) CT600E (2015) Version 3 for accounting periods starting on or after 1 April 2015

Guidance

Guidance about when and how to complete this supplementary page can be found in the CT600 Guide.

For further information read What supplementary pages do I need to complete and include as part of the Company Tax Return? to find out what supplementary pages you need to complete.

Also, read the Important points about all supplementary pages and CT600E – Charities and Community Amateur Sports Clubs (CASCs) for further guidance about completing this supplementary page.

Company information

----- Start of picture text -----
E1 Company name Power To Live Foundation
(name of charity or CASC)
E2 Tax reference
2 1 6 8 8 1 9 5 8 7
Period covered by this supplementary page (cannot exceed 12 months)
E3 from DD MM YYYY
0 1 0 2 2 0 2 3
E4 to DD MM YYYY 3 1 0 1 2 0 2 4
----- End of picture text -----

Claims to exemption ( this section should be completed in all cases)

----- Start of picture text -----
Charity/CASC repayment reference E5
Charity Commission registration number, or E10 1181997
OSCR number (if applicable)
Put an ‘X’ in the relevant box if during the period covered by these supplementary pages:
The company was a charity/CASC and is claiming E15 X
exemption from all tax on all or part of its income
and gains (Also put an ‘X’ in box E15 if the company
was a charity/CASC but had no income or gains in the period)
All income and gains are exempt from tax and have been, E20 X
or will be, applied for charitable or qualifying purposes only
Some of the income and gains may not be exempt or have E25
not been applied for charitable or qualifying purposes only,
and I have completed form CT600
I claim exemption from tax
Name E30 Tien Kuei
Status
E35 Trustee
Date DD MM YYYY
E40
----- End of picture text -----

CT600E(2015) Version 3

HMRC 04/15

Page 1

Repayments

To make a repayment claim for the period covered by these supplementary pages, please register and enrol to use the Charities Online service. See CT600 guide for further information.

Put an ‘X’ in the box if during the period covered by these supplementary pages you have over claimed tax.

E45

Information required

Enter details of any income received from the following sources, claimed as exempt from tax in the hands of the charity/CASC. Enter the figure included in the charity’s/CASC’S accounts for the period covered by this return.

Non-exempt amounts should be entered on form CT600 in the appropriate boxes.

Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
2
2
1
3
9
4
8
6
2
6
0
8
5
9		 Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
2
2
1
3
9
4
8
6
2
6
0
8
5
9		 Type of income
Amount
Enter total turnover from exempt charitable
trading activities
£
0
0
•
E50
Investment income – exclude any amounts included on
form CT600
£
0
0
•
E55
UK land and buildings – exclude any amounts included
on form CT600
£
0
0
•
E60
Gift Aid – exclude any amounts included on form CT600
£
0
0
•
E65
From other charities – exclude any amounts included
on form CT600
£
0
0
•
E70
Gifts of shares or securities received
£
0
0
•
E75
Gifts of real property received
£
0
0
•
E80
Other sources (not included above)
£
0
0
•
E85
Total of boxes E50 to E85
£
0
0
•
E90
2
2
1
3
9
4
8
6
2
6
0
8
5
9
0 0

Enter details of expenditure as shown in the charity’s/CASC’s accounts for the period covered by these supplementary pages

Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
5
6
4
3
5
1
0
1
0
2
6
6
5
3
7		 Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
5
6
4
3
5
1
0
1
0
2
6
6
5
3
7		 Type of expenditure
Amount
Trading costs in relation to exempt charitable activities
(in box E50)
£
0
0
•
E95
UK land and buildings costs in relation to exempt
charitable activities (in box E60)
£
0
0
•
E100
All general administration/governance costs
£
0
0
•
E105
All grants and donations made within the UK
£
0
0
•
E110
All grants and donations made outside the UK
£
0
0
•
E115
Other expenditure not included above, or not used in
calculating figures entered on the form CT600
£
0
0
•
E120
Total of boxes E95 to E120
£
0
0
•
E125
5
6
4
3
5
1
0
1
0
2
6
6
5
3
7
0 0

CT600E(2015) Version 3

Page 2 Power To Live Foundation-2168819587

HMRC 04/15

Information required

Charity/CASC assets

Charity/CASC assets Charity/CASC assets Charity/CASC assets Charity/CASC assets
Disposals in period Held at the end of the period
(total consideration received) (use accounts figures)
Tangible fixed
E130
£		 E135 £
assets
UK investments
E140
£		 E145 £
(excluding
controlled companies)
Shares in,
E150
£		 E155 £
and loans to,
controlled companies
Overseas
E160
£		 E165 £
investments
Loans and non-trade debtors E170 £
Other current assets E175 £ 4 9 9 0 3
Qualifying investments and loans E180
Applies to charities only. See CT600 Guide
Value of any non-qualifying investments and loans E185 £
Applies to charities only. See CT600 Guide
Number of subsidiary or associated companies the charity E190
controls at the end of the period. Exclude companies that
were dormant throughout the period

CT600E(2015) Version 3

HMRC 04/15

Page 3 Power To Live Foundation-2168819587

Power To Live Foundation 60 Horsham Avenue London N12 9BE

Morgan Berkeley Ltd Westgate Chambers 8a Elm Park Road Pinner Middlesex HA5 3LA

24 July 2024

Dear Sirs

In respect of your preparation of the charity’s financial statements for the year ended 31 January 2024, we confirm the following points in connection therewith:

  1. Responsibilities, accounting records and other information supplied for the preparation of the financial statements

  2. 1.1. As set out in the engagement letter agreed with you, we acknowledge as trustees our responsibility, under the Companies Act 2006 and Charity Act 2011, for the preparation of financial statements in accordance with United Kingdom Generally Accepted Accounting Practice which give a true and fair view, and for making accurate representations to you.

  3. 1.2. All accounting records and relevant information have been made available to you for the purpose of your work. All other records and related information, including minutes of all management and trustee’s meetings, have been made available to you.

  4. 1.3. All of the transactions undertaken by the charity have been properly reflected in the accounting records and are reflected in the financial statements.

Accounting policies

3. Assets

6. Fraud and error, and other misstatements

10. Related party transactions

12. Other parties

We confirm to the best of our knowledge and belief that the above representations are made on the basis of adequate enquiries of management and staff with relevant knowledge and experience, and where appropriate, of inspection of supporting documentation, sufficient to satisfy ourselves that we can properly make the above representations to you.

.........................................................Trustee Tien Kuei (Jul 24, 2024 07:26 ADT) …..…………………Date 24/07/2024

Signed on behalf of the board of trustees.

Power To Live Foundation Adjusting Journals 31 January 2024 Produced on 24 July 2024 at 10:01 AM

Credit
Credit
Nominal
Code
Debit
Nominal Description
Source Ref
Debit
Balance Sheet
Profit/Loss
ID
External
Code
Description		 Profit
Reconciliation
Results per draft accounts
8085
AJ 5
4,850.00
Accruals
185

Reclassification of accruals-
Deferred income re 2023
1006
AJ 5
4,850.00
UF Deferred income
186

Reclassification of accruals-
Deferred income re 2023
1920
AJ 1
1,096.00
UF Depreciation
187
Depreciation charge for the
year - Computer software
6360
AJ 1
846.00
IT equipment accumulated depreciation
brought forward
188
0031
Depreciation charge for the
year - Computer software
6111
AJ 1
250.00
Other intangibles 1 amortisation charge
for period
189
Depreciation charge for the
year - Website
1909
AJ 4
175.50
UF Computer and website costs
190
Reclassification of marketing
costs
6100
AJ 4
175.50
Other intangibles 1 cost brought forward
191
0060
Reclassification of marketing
costs
1907
AJ 2
496.00
UF Rent
192

Reversal of 2023 prepayment
1909
AJ 2
1,344.70
UF Computer and website costs
193
Reversal of 2023 prepayment
7350
AJ 2
1,840.70
Prepayments
194

Reversal of 2023 prepayment
1906
AJ 3
1,800.00
UF Accountancy fees
195
7902
Accountancy fes 2024
8085
AJ 3
1,800.00
Accruals
196

Accountancy fes 2024
Results per financial statement		 22,302.20
0.00
4,850.00
(1,096.00)
0.00
0.00
(175.50)
0.00
(496.00)
(1,344.70)
0.00
(1,800.00)
0.00
22,240.00

Tien Kuei (Jul 24, 2024 07:26 ADT)

24/07/2024

Tien Kuei

Printed Date 24/07/2024 10:01:04

1

POWER TO LIVE FOUNDATION

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF POWER TO LIVE FOUNDATION

I report to the trustees on my examination of the financial statements of Power To Live Foundation (the charity) for

the year ended 31 January 2024.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the

preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006

Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of

the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s

financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my

examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b)

of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the

examination giving me cause to believe that in any material respect:

1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2 the financial statements do not accord with those records; or

3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other

than any requirement that the accounts give a true and fair view which is not a matter considered as part of an

independent examination; or

4 the financial statements have not been prepared in accordance with the methods and principles of the

Statement of Recommended Practice for accounting and reporting by charities applicable to charities

preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and

Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention

should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Morgan Berkeley Limited

Westgate Chambers

8a Elm Park Road

Pinner

HA5 3LA

Middlesex

Dated: 24 July 2024