Foundation for Forgiveness
and Reconciliation in Lebanon
A MINISTRY OF GENERATIONS WITH A IAESSAGE
The Foundation for Forgiveness and Reconciliation
Registered Charity 1182072
Annual Report and Accounts
For the year ended 31 March 2021
## **The Foundation for Forgiveness and Reconciliation**
## **Registered Charity 1182072**
## **Charity Information**
## **Trustees:**
Walter Sergio Nicora Jonathan Ridley Clark James Ronald Alcorn Keith Miller Lockhart (appointed 18 November 2020) Lidia Ethel Lammardo (appointed 15 March 2021) Joshua Eaves (retired 18 November 2020)
**Charity Number:** 1182072
## **Charity’s Principal address:**
112 Hunts Pond Road Park Gate Southampton SO31 6RB
## **Independent examiner:**
Louisa Burton ACA Chartered Accountant 64 Union Road Portsmouth PO3 6GF www.louisaburton.co.uk
**- 2 -**
## **The Foundation for Forgiveness and Reconciliation**
## **Registered Charity 1182072**
## **Annual Report**
## **For the year ended 31 March 2021**
## **Objectives and activities**
The main focus of FFR shifted slightly during the course of 2020 - 2021 in response to the humanitarian crisis caused by the Beirut Blast and general economic collapse that Lebanon is still experiencing. We worked through our sister organisation The Foundation for Forgiveness and Reconciliation in Lebanon to provide emergency relief and develop a longer term initiative to bring psychosocial support to families affected by the crisis.
As a small organisation we were proud of how quickly we were able to respond to the Beirut Blast in August and adapt our activities to provide a relief effort. We also carried out crucial needs assessments to not only inform our response but also inform the wider efforts from other organisations on the ground.
The Beirut blast saw us undergo our largest public fundraising campaign to date whilst also receiving significant funding from our international partners to carry out our relief efforts. This essentially meant that overnight FFR went from a small organisation supporting grass-roots peacebuilding efforts in Lebanon to providing and coordinating emergency humanitarian response, and therefore being responsible for considerably more funding and accountable to more donors.
We worked closely with one of our main funding partners to build our own capacity and ensure we had all the correct policies and procedures in place to effectively manage this increased organisational responsibility. This has in turn strengthened this partnership and improved our financial capacity for future funding.
COVID-19 has of course impacted the projects we support in Lebanon, however in most cases projects were able to adapt accordingly and/or adjust their schedule and still be effective. The economic situation in Lebanon has brought challenges with regards to transferring funds, so much so that at times we have had to adopt less-than-ideal methods such as Western Union transfers and even cash couriers to transfer funds to Lebanon. When doing so we have ensured that we document and record all details thoroughly.
The only other area that the organisation has been concerned with aside from its focus in Lebanon is by partnering with a company in Northern Ireland to produce a series of podcasts that discuss issues of peace, conflict and religion, both in Northern Ireland and around the world. This furthers the charity's objectives of using digital media to promote values of peace.
We lost one of our main funders this year due to their own regulations with regards to how long they support the same organisation. This was unfortunate as it was a significant pot of unrestricted funds, the events that unfolded with regards to the Beirut Blast and extra funding we received for our response to that meant that this wasn’t so much of a problem.
## **Achievements and performance Schools**
We have continued to support an ongoing peacebuilding curriculum implemented through schools in Lebanon with over 1500 Lebanese and Syrian students. This focuses on skills of conflict resolution through a unique forgiveness and peace curriculum based on research by the _International Forgiveness Institute_ and further developed and adapted for a Lebanon context by The Foundation for Forgiveness and Reconciliation in Lebanon. The aim of this curriculum is to strengthen social cohesion in post-conflict or divided societies by preventing violence, increasing understanding between people of diverse backgrounds and building resilient relationships. This curriculum is the core of the work that FFR supports in Lebanon and provides the basis of the other projects and adaptations listed below. This work in schools was made possible by a GBP 20,000 grant from Tearfund, an international relief and development organisation based in the UK who FFR are proud to have established a good and on-going partnership with. Due to COVID-19 much of this project had to be implemented remotely, it was also hindered by political unrest in Lebanon which meant that schools
**- 3 -**
closed occasionally or students/teachers were unable to get to the schools. The project was put on hold for 2020 - 2021 due to COVID-19 and the Beirut Blast. We hope to resume for 2021 - 2022.
## **Interfaith**
This project involves Christian and Muslim youth from the Saida area in South Lebanon. The project consists of hosting workshops for these young people to participate in a forgiveness and peace journey curriculum specially adapted for an interfaith context. These workshops not only consist of training and various interactive activities, but they also prioritise hospitality and community by sharing a meal together and prioritising social time. Due to COVID-19 and the economic crisis, some of the workshops weren’t able to go ahead as planned, with approval from the funder, we therefore reallocated some of the budget to provide financial support to some of the families involved. The Interfaith project was supported with a grant of USD 15,000 by CEDAR Fund, a Christian education, development and relief fund based in Hong-Kong.
## **Beirut Blast and PSS**
In response to the Beirut blast we worked with our partner in Lebanon - FFRL - to coordinate and implement a financial relief program to over 200 families affected by the explosion. This support went towards necessary day-to-day items such as rent costs, food and education. We also published a Rapids Needs Assessment following the explosion in the Bourj Hammoud area of Beirut where our response effort was situated, this provided crucial information to us and other organisations coordinating relief efforts. Our immediate response to the Beirut Blast was funded through one-off private donations and our two main partners Tearfund and Cedar Fund to the sum of approx 41000 GBP
Continuing on from this we received more funding from Tearfund and Cedar Fund, as well as through our own public fundraising efforts, to the sum of approx 100,000 GBP, to implement a Psychosocial support project helping families affected by the Beirut Blast and subsequent economic crisis. To do this, our sister organisation in Lebanon developed a unique curriculum especially for this context. It focused on helping beneficiaries of all ages to, but primarily young people, to be able to manage their own anger and trauma, whilst equipping the community to be better positioned to help themselves in the future. This involved opening up a centre in the heart of this community in Beirut to host workshops and provide a safe space for these beneficiaries. This project supported over 250 children and adults.
## **Guardians Of The Flame**
We have partnered with a production company in Northern Ireland to produce a podcast series that focuses on issues of peace, religion, conflict and social justice, with specific reference to Northern Ireland and focusing on contributing to constructive discourse on peacebuilding there.
## **The Foundation for Forgiveness and Reconciliation**
## **Registered Charity 1182072**
## **Annual Report cont**
## **For the year ended 31 March 2021**
## **Plans for the future**
We are continuing our plans to build our own dedicated centre of peace in the south of Lebanon, we have recently approved a design and procured an architect to begin the process. We will continue to support our PSS project in Beirut, which even though the initial response to the Beirut Blast has now subsided, the psychosocial needs remain, especially in the wake of the ongoing economic crisis. The project will however shift to take more of an holistic approach towards improving beneficiaires well-being.
In 2021 - 2022 we plan to resume our support of peacebuilding workshops in schools in Lebanon, again with a shifting focus towards more holistic psychosocial support as we have determined this to be an increasing need, rather than just focus on improving and strengthening social cohesion through a peacebuilding focus.
We also hope to continue our partnership with Guardians Of The Flame and the podcast series. Specifically we plan to develop this by creating an online library of audio and visual content that can
**- 4 -**
be an informative and educational resource on issues of peace, conflict, religion and social justice, both in Northern Ireland and around the world.
An area we need to focus on is trying to secure more unrestricted funds to help cover operational costs, if we are able to make some progress in this regard in the coming year then that would put us in an even better position.
## **Financial Review**
## **Financial Position**
The trustees report incoming resources for the year of £234,191 (2020 - £56,762). Of this £182,561 (2020 - £14,587) related to project restricted activities. The charity does not carry out any significant public fundraising activities.
Net incoming resources in the year amounted to £97,636 (2020 - £28,947). At 31st March 2021 reserves were £126,583 (2020 - £28,947) of which £60,531 (2020 - £1,383) represented restricted funds.
## **Reserves Policy**
It is the policy of the charity that unrestricted funds which are not represented by fixed assets or have not been designated for a specific use should be maintained at a level equivalent to between 3- and 6-month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. These reserves at 31st March 2021 stood at £66,052, which is comfortably within this range.
## **Structure, Governance and Management**
## **Governing Document**
The charity is a charitable incorporated organisation registered with the Charity Commission and is governed by its Constitution of a Charitable Incorporated Organisation.
## **Trustees**
Persons wishing to stand as trustees are nominated by an existing trustee and names are put forward at the annual general meeting for election. The maximum number of trustees shall be 15 and the minimum shall be 3, being either
a) elected at the annual general meeting (there being no more than ten such elected Trustees in total) and who shall hold office from the conclusion of that meeting;
Or
b) Co-opted by the Trustee Board
The trustees who served during the year are listed on the charity information page.
## **The Foundation for Forgiveness and Reconciliation**
## **Registered Charity 1182072**
## **Annual Report cont.**
## **For the year ended 31 March 2021**
Newly appointed Trustees are provided with a comprehensive induction to the charity through the provision of training courses and mentoring by established trustees.
## **Organisational Structure**
Overall control of the charity rests with the Trustee board, with a chairperson, treasurer and company secretary as officers.
## **Summary**
2020 - 2021 has been a significant year for FFR, not least because of the unexpected efforts taken in order to respond to the crisis brought about by the Beirut Blast, and how this accelerated us into
**- 5 -**
growing and developing our capacity as an organisation and further strengthening our funding partnerships. Whilst it challenged us in terms of capacity and organizational ability, we are now in a much better position with regards to moving forward and feel more equipped than ever as an organisation to carry out our charitable aims and objects. The events of this past year and our response have also enabled us to grow our audience and therefore grow our supported base.
## **Annual Report Approved by:**
Walter Nicora
## **Trustee**
Signed: **Date:** _10th November 2021_
## **The Foundation for Forgiveness and Reconciliation**
**Registered Charity 1182072**
**Statement of Financial Activities**
**For the year ended 31 March 2021**
**- 6 -**
|**Income**
Grants
Donations
Total Income
**Expenditure on**
**charitable activities:**
Wages and salaries
Partner payments
Office Costs
Rent and rates
Travel
Professional Fees
Internet and
Telephone
Utilities
Repairs and
maintenance
Miscellaneous
Foreign exchange
losses
Bank fees
Surplus
Transfers between
funds
Net movement in
funds
Opening Funds
Closing Funds|**Unrestricted**
**Restricted**
**Total**
**2021**
**Total**
**2020**
-
182,561
182,561
51,765
51,630
-
51,630
4,997|
|---|---|
||51,630
182,561
234,191
56,762
11,609
20,851
32,460
7,837
-
99,182
99,182
10,394
158
730
888
-
-
-
-
7449
30
2316
2346
1120
653
155
808
434
-
34
34
31
-
375
375
185
-
-
-
23
-
-
-
57
329
-
329
221
133
-
133
64|
||12,912
123,643
136,555
27,815|
||38,718
58,918
97,636
28,947|
||-230
230
-|
||38,488
59,148
97,636
28,947
27,564
1,383
28,947
0
66,052
60,531
126,583
28,947|
## **The Foundation for Forgiveness and Reconciliation**
## **Registered Charity 1182072**
## **Statement of Financial Position**
**- 7 -**
## **For the year ended 31 March 2021**
|**Fixed Assets**
Tangible Fixed Assets
**Current Assets**
Debtors
Cash at bank and in hand
Creditors: amounts falling due in one year
Net current assets
Total assets less current liabilities
Net assets
**Funds of the charity**
Restricted funds
Unrestricted funds
Total charity funds|7,541
86,339|**2021**
**£**
72,148
54,435
126,583
126,583
60,531
66,052
126,583|**2020**
**£**
-
9,347
37,104|
|---|---|---|---|
||93,880
39,445||46,451
17,504
28,947|
|||||
||||28,947|
||||28,947|
||||1,383
27,564|
||||28,947|
## **Accounts approved by:**
## **Joshua Eaves**
## **Director**
## **Date: 29/07/2021**
## **The Foundation for Forgiveness and Reconciliation**
**Registered Charity 1182072**
**- 8 -**
## **Notes to the Accounts**
## **For the year ended 31 March 2021**
## **1.1 Basis of Preparation**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
- the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014; and with
- the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102); and with
- the Charities Act 2011
The charity constitutes a public benefit entity as defined by FRS 102
## **1.2 Going concern**
There are no material uncertainties about the charity's ability to continue.
## 1.3 **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the directors for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
**- 9 -**
## **The Foundation for Forgiveness and Reconciliation**
## **Registered Charity 1182072**
## **Notes to the Accounts**
## **For the year ended 31 March 2021**
## **2.1 Accounting Policies**
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **Tangible assets**
**- 10 -**
All fixed assets are initially recorded at cost.
**- 11 -**
## **The Foundation for Forgiveness and Reconciliation**
## **Registered Charity 1182072**
## **Notes to the Accounts**
## **For the year ended 31 March 2021**
## **2.1 Accounting Policies (continued)**
## **Depreciation**
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset.
## **Impairment of fixed assets**
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
## **Financial instruments**
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
**- 12 -**
## **The Foundation for Forgiveness and Reconciliation**
## **Registered Charity 1182072**
## **Notes to the Accounts**
## **For the year ended 31 March 2021**
## **2.1 Accounting Policies (continued)**
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
## **3. Donations and legacies**
||Unrestricted|Restricted|**Total Funds**|**Total Funds**|
|---|---|---|---|---|
||Funds|Funds|**2021**|**2020**|
||£|£|**£**|**£**|
|**Donations**|51,630|-|**51,630**|**4,997**|
|||------------------------------|------------------------------|------------------------------|
||----------------------------||||
|||--|--|--|
||51,630|-|**51,630**|**4,997**|
||========================|=================|=================|=================|
||====|===============|===============|===============|
|**haritable activities**|||||
||Unrestricted|Restricted|**Total Funds**|**Total Funds**|
||Funds|Funds|**2021**|**2020**|
||£|£|**£**|**£**|
|**Grants**|-|182,561|**182,561**|**51,765**|
||---------------------------|-----------------------|------------------------------|------------------------------|
||-|---------|--|--|
||-|182,561|**182,561**|**51,765**|
|||=============|||
||================||=================|=================|
|||=============|||
||============||===============|===============|
|||======|||
## **4. Charitable activities**
## **5. Analysis of Government Grants**
No government grants were received in the year.
## **5. Donated Goods and Services**
There were no donated goods and services in the year.
**- 13 -**
## **The Foundation for Forgiveness and Reconciliation**
## **Registered Charity 1182072**
## **Notes to the Accounts**
## **For the year ended 31 March 2021**
## **6. Expenditure on charitable activities by fund type**
||Unrestricted|Restricted|**Total Funds**|**Total Funds**|
|---|---|---|---|---|
||Funds|Funds|**2019**|**2020**|
||£|£|**£**|**£**|
|Charitable activities|12,912|123,643|**136,555**|**27,815**|
|Support costs|-|-|-|-|
|Governance costs|-|-|**-**|**-**|
|||------------------------------|------------------------------|------------------------------|
||--------------------------------||||
|||--|--|--|
||12,912|123,643|**136,555**|**27,815**|
||========================|=================|=================|=================|
||========|===============|===============|===============|
## **7. Expenditure on charitable activities by activity type**
|Charitable activities
Included in charitable activities are:
Wages and salaries
Partner payments
Office Costs
Rent and rates
Travel
Professional Fees
Internet and Telephone
Utilities
Repairs and maintenance
Miscellaneous
Foreign exchange losses
Bank fees|Activities
undertaken
directly
Support
costs
**Total funds**
**2021**
**Total funds**
**2020**
£
£
**£**
**£**
136,555
- **136,555**
**27,815**
-----------------------------
---
-----------------------
-----------------------------
---
-----------------------------
---
136,555
-
**136,555**
**27,815**
=================
===============
=================
======
=================
===============
=================
===============
**Unrestricted**
**Restricted**
**Total 2021**
**Total 2020**
11,609
20,851
32,460
7,837
-
99,182
99,182
10,394
158
730
888
-
-
-
-
7,449
30
2,316
2,346
1,120
653
155
808
434
-
34
34
31
-
375
375
185
-
-
-
23
-
-
-
57
329
-
329
221
133
-
133
64|
|---|---|
||12,912
123,643
136,555
27,815|
**- 14 -**
## **The Foundation for Forgiveness and Reconciliation**
## **Registered Charity 1182072**
## **Notes to the Accounts**
## **For the year ended 31 March 2021**
## **8. Staff costs**
The total staff costs and employee benefits for the reporting period are analysed as follows:
||**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|Wages and salaries|**-**|**-**|
||=================|=================|
||===============|===============|
The average head count of employees during the year was 0
## **9.**
## **Trustee remuneration and expenses**
For the year ended 31 March 2021 consultancy fees were paid to the trustee W Nicora of £nil (2020 - £700).
## **10. Debtors**
||**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|Trade debtors|**-**|**-**|
|Prepayments and accrued income|**7,541**|**9,347**|
|Other debtors|–|–|
||-----------------------|-----------------------|
||**9,347**|**9,347**|
|||===============|
||=======================|========|
## **11. Creditors: amounts falling due within one year**
||**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|Deferred Income|**39,445**|**17,504**|
||---------------------------|----------------------------|
||**39,445**|**17,504**|
||=================|=================|
||===========|===========|
**- 15 -**
## **The Foundation for Forgiveness and Reconciliation**
## **Registered Charity 1182072**
## **Notes to the Accounts**
## **For the year ended 31 March 2021**
## **12. Analysis of charitable funds**
## **Unrestricted funds**
|**Unrestricted funds**|||||||||
|---|---|---|---|---|---|---|---|---|
||At 1 April||Income|Expenditure|Transfers|**At 31 March**||**21**|
|||2020|||||||
|||£|£|£|£||**£**||
|Unrestricted fund|27,564||51,630|(12,912)
(230)||**66,052**|||
||||------------------------------|-----------------------------
----------------------------||-------------------------------|||
||-----------------------------||-|---|||||
||---||||||||
||27,564||51,630|(12,912)
(230)||**66,052**|||
||=================||=================|================
=================||=====================|||
||===============||===============|================|===========|============|||
|**Restricted funds**|||||||||
||**At 1**|**April**
**2020**|Income|Expenditure|Transfers|**At 31**|**March**
**21**||
|||**£**|£|£|£|||**£**|
|Tear Fund||**1,544**|8,333|(9,869)|(8)|||**0**|
|Cedar Fund||**(161)**|8,761|(8,473)|(127)|||**0**|
|Beirut Explosion
Response|||58,040|(58,405)|365|||**0**|
|PSS|||39,000|(44,396)|||**-5,396**||
|CRC|||2,500|(2,500)||||**0**|
|Peace Building Centre|||65,927||||**65,927**||
||||--------------------------|------------------------------|-----------------------||||
||--------------||------|--|-----|--------------------------------|||
|||1,383|182,561|(123,643)|230||60,531||
||=============||===============||=============||||
|||||=================||===================|||
||=============||===============||=============||||
|||======|==|===============|==|==============|||
Tear fund relates to a project funded by Tear Fund commencing in 2020 for the forgiveness and peace journey. This project concluded in 2021.
Cedar Fund relates to a project funded by cedar fund commencing in 2020 for the Interfaith Forgiveness and Reconciliation Journey. This project concluded in 2021.
Beirut Explosion Response is a new project in 2021 responding to the Beirut explosion crisis. Cedar Fund contributed £38,040 to this fund and Tear Fund contributed £20,000 towards this fund.
The PSS fund is funded by Tear Fund and to provide Psycho-Social Support to vulnerable youth and adults in the Bourj Hammoud area. £78,000 was received by Tear Fund in the year for this project, £38,000 of this has been deferred to 2021/2022. The project continues until September 2021.
CRC is funded by Northern Island Community Relations Council to produce a series of videos surrounding topics of peace and reconciliation.
**- 16 -**
Peace Building Centre is a capital fund for the purchase of land and construction of a peace building centre in Lebanon. Tear Fund contributed £65,926 to this fund in the year.
## **The Foundation for Forgiveness and Reconciliation**
## **Registered Charity 1182072**
## **Notes to the Accounts**
## **For the year ended 31 March 2021**
## **13. Analysis of net assets between funds**
||**Tangible**|**Net current**|**Total**|
|---|---|---|---|
||**fixed assets**|**assets/**||
|||**(liabilities)**||
||**£**|**£**|**£**|
|**Restricted Income Funds:**||||
|Restricted fund|65,927|(5,396)|**60,531**|
||-----------------------------|----------------------------|**-----------------------------**|
||--|---------|**--------**|
|**Unrestricted Income Funds**||||
|Unrestricted fund|6,221|54,435|**66,052**|
|Designated fund|–|-|**-**|
||-----------------------------|----------------------------|**-----------------------------**|
||--|---------|**--------**|
||72,148|54,435|**126,583**|
||-----------------------------|----------------------------|**-----------------------------**|
||--|---------|**--------**|
||--------------------------|----------------------------|**-----------------------------**|
|||---------|**--------**|
|**Total Funds**|72,148|28,947|**126,583**|
**- 17 -**
## **Foundation for Forgiveness and Reconciliation**
## **Registered Charity 1182072**
## **Independent Examiner’s Report on the Accounts**
## **For the year ended 31 March 2021**
I report to the trustees on my examination of the accounts of the company for the year ended 31 March 2021 which are set out on pages 6 to 15.
## **RESPECTIVE RESPONSIBILITIES OF DIRECTORS AND EXAMINER**
The company's directors are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **BASIS OF INDEPENDENT EXAMINER'S STATEMENT**
An examination includes a review of the accounting records kept by the company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts.
## **INDEPENDENT EXAMINER'S STATEMENT**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
∙the accounting records were not kept in accordance with section 130 of the Charities Act; or
∙the accounts did not accord with the accounting records; or
∙the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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 accounts to be reached.
Louisa Burton ACA Chartered Accountant 64 Union Road Portsmouth PO3 6GF
...05/07/2021...................
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