DocuSign Envelope ID: FA89F8A8-2E67-4F01-A9B4-423A00FB3C3F
Registered number 1183838
Helping Angels Charitable Association
Report and Unaudited Accounts
30 June 2022
DocuSign Envelope ID: FA89F8A8-2E67-4F01-A9B4-423A00FB3C3F
Helping Angels Charitable Association Report and accounts Contents
| Page | |
|---|---|
| Approval statement | 1 |
| Independent examiners report | 2 |
| Income and expenditure account | 3 |
| Detailed income and expenditure account | 4 |
| Balance sheet | 5 |
| Notes to the accounts | 6 |
DocuSign Envelope ID: FA89F8A8-2E67-4F01-A9B4-423A00FB3C3F
Helping Angels Charitable Association 1183838
Approval statement
I approve the accounts which comprise of the Income & Expenditure and Balance Sheet. I acknowledge my responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing Fortune Hart Limited with all the information and explanations necessary for their compiliation.
Lyndsey Ellis Lindsey Bestwick Chair of Trustees Trustee 11 April 2023 11 April 2023
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DocuSign Envelope ID: FA89F8A8-2E67-4F01-A9B4-423A00FB3C3F
Helping Angels Charitable Association 1183838
Independent Examiner's Report on the accounts
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30/06/2022.
Responsibilities and basis of report
As the charity trustees of the Trust, you 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Basis of 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:
-
accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
This was approved on 15th March 2023
Lisa Fortune signed on behalf of Fortune Hart Ltd 24 Brookside Business Park Ltd Stone Staffordshire ST15 0RZ
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DocuSign Envelope ID: FA89F8A8-2E67-4F01-A9B4-423A00FB3C3F
Helping Angels Charitable Association Income and expenditure for the year ended 30 June 2022
| Income and endowments CharItable activities Gross income Administrative expenses Other operating income Net income Interest payable Net movement in funds Total funds carried forward |
2022 £ 282,206 (43,121) 239,085 (173,720) - 65,365 (3) 65,362 65,362 |
2021 £ 125,954 (7,778) 118,176 (99,045) 780 19,911 (17) 19,894 19,894 |
|---|---|---|
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DocuSign Envelope ID: FA89F8A8-2E67-4F01-A9B4-423A00FB3C3F
Helping Angels Charitable Association Detailed income and expenditure for the year ended 30 June 2022
This schedule does not form part of the statutory accounts
Income and Endowments Grants and donations Other charitable income Direct expenditure Charitable activities Administrative expenses Employee costs: Wages and salaries Pensions Employer's NI Staff training and welfare Travel and subsistence Premises costs: Rent Cleaning General administrative expenses: Telephone and internet Postage Stationery and printing Licences Subscriptions Bank charges Insurance Equipment expensed Software Repairs and maintenance Depreciation Interest payable Sundry expenses Legal and professional costs: Accountancy fees Consultancy fees Advertising and PR Other legal and professional Other operating income Other operating income Net surplus/deficit Reconcilation of funds Total funds brought forward Surplus/deficit in the period Total funds carried forward |
2022 Unrestricted Fund £ 25,127 105,059 |
s 130,186 - - 53,296 2,224 9,824 10,623 75,967 54,219 35,222 54,219 89,441 |
2022 Restricted Funds £ 152,020 - |
152,020 43,121 73,119 7,000 17,637 - 97,756 11,143 31,300 11,143 42,443 |
2022 Total Funds £ 177,147 105,059 282,206 43,121 117,396 3,254 4,248 712 805 126,415 7,000 2,224 9,224 2,687 492 911 65 380 260 875 524 1,358 9,883 9,052 3 971 27,461 2,917 - 6,906 800 10,623 173,723 - 65,362 66,522 65,362 131,884 |
2021 Total Funds £ 91,163 34,791 125,954 7,778 67,036 1,612 - 2,066 247 70,961 1,508 1,378 2,886 2,231 2,149 555 - 291 159 978 - 837 3,060 7,263 17 675 18,215 1,657 2,040 1,646 1,657 7,000 99,062 780 19,894 46,628 19,894 66,522 |
|---|---|---|---|---|---|---|
| - 44,277 3,254 4,248 712 805 - 2,224 2,687 492 911 65 380 260 875 524 1,358 - 1,298 3 971 2,917 - 6,906 800 - |
43,121 73,119 - - - - |
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| 7,000 - |
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| - - - - - - - - - 9,883 7,754 - - |
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| - - - - |
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| - |
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DocuSign Envelope ID: FA89F8A8-2E67-4F01-A9B4-423A00FB3C3F
| Helping Angels Charitable Association | Helping Angels Charitable Association | Helping Angels Charitable Association | |||
|---|---|---|---|---|---|
| Registered number: | 1183838 | ||||
| Balance Sheet | |||||
| as at 30 June 2022 | |||||
| Notes | 2022 | 2021 | |||
| £ | £ | ||||
| Fixed assets | |||||
| Tangible assets | 3 | 23,892 | 26,132 | ||
| Current assets | |||||
| Debtors | 4 | 2,272 | 12,968 | ||
| Cash at bank and in hand | 126,338 | 57,768 | |||
| Creditors: amounts falling due | 128,610 | 70,736 | |||
| within one year | 5 | (20,618) | (30,346) | ||
| Net current assets | 107,992 | 40,390 | |||
| Net assets | 131,884 | 66,522 | |||
| Funds of the charity | |||||
| Restricted funds | 42,443 | 31,300 | |||
| Unrestricted funds | 89,441 | 35,222 | |||
| Total funds | 131,884 | 66,522 | |||
| Lyndsey Ellis | Lindsey Bestwick | ||||
| Chair of Trustees | Trustee | ||||
| Approved by the board on 11 April 2023 | Approved by the board on 11 April | 2023 |
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DocuSign Envelope ID: FA89F8A8-2E67-4F01-A9B4-423A00FB3C3F
Helping Angels Charitable Association Notes to the Accounts for the year ended 30 June 2022
1 Accounting policies
Basis of preparation
The accounts have been prepared in accordance with the 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 (FR102) (Effective 1 January 2015) - (Charities SORP (FRS 102)), the financial reporting standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008.
Grants and donations
These are included in the accounts when the charity has unconditional entitlement to the income.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years Computer equipment over 3 years
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DocuSign Envelope ID: FA89F8A8-2E67-4F01-A9B4-423A00FB3C3F
Helping Angels Charitable Association Notes to the Accounts for the year ended 30 June 2022
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
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DocuSign Envelope ID: FA89F8A8-2E67-4F01-A9B4-423A00FB3C3F
Helping Angels Charitable Association Notes to the Accounts for the year ended 30 June 2022
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
| 2 Employees Average number of persons employed by the company 3 Tangible fixed assets Cost At 1 July 2021 Additions At 30 June 2022 Depreciation At 1 July 2021 Charge for the year At 30 June 2022 Net book value At 30 June 2022 At 30 June 2021 |
2022 Number 5 |
2021 Number 2 Plant and machinery etc £ 33,395 6,812 40,207 7,263 9,052 16,315 23,892 26,132 |
|---|---|---|
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DocuSign Envelope ID: FA89F8A8-2E67-4F01-A9B4-423A00FB3C3F
Helping Angels Charitable Association Notes to the Accounts for the year ended 30 June 2022
| 4 Debtors Trade debtors Other debtors 5 Creditors: amounts falling due within one year Trade creditors Taxation and social security costs Other creditors |
2022 £ 1,124 1,148 2,272 2022 £ 900 - 19,718 20,618 |
2021 £ - 12,968 12,968 2021 £ 1,863 724 27,759 30,346 |
|---|---|---|
6 Other information
Helping Angels Charitable Association is an incorporated charitable company, incorporated in England. Its registered office is:
Burslem Park Partnership
Park Lodge Moorland Road Stoke on Trent ST6 1EA
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