OpenCharities

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

2023-03-31-accounts

REGISTERED CHARITY NUMBER: 1184316

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

THE MULWADE FOUNDATION

THE MULWADE FOUNDATION

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

Page
Report of the Trustees 1 - 2
Independent Examiner's Report 3
Receipts and Payments Report 4 - 5

THE MULWADE FOUNDATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the receipt and payments method of accounting.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Mulwade Foundation is a new that supports a specific group of people that have contracted HIV through deliberate or reckless HIV transmission by another.

Significant activities

The foundation raises money and awareness of the matter, and supports people affected by the situation they find themselves in as well as helping similar charities around the globe.

FINANCIAL REVIEW

Principal funding sources

The fund is totally reliant on income from donations.

During the year, the fund received donations totalling £1,520 (2022: £0). At the end of the year the fund had unrestricted reserves of £30 (2022; £6) carried forward to the next year.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Recruitment and appointment of new trustees

New trustees are appointed by the existing trustees and serve for five years, after which they may put themselves forward for re-appointment.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1184316

Principal address

Capital Office 124 City Road London EC1V 2NX

Trustees

J Gyphion D Paladino R Davies

Page 1

THE MULWADE FOUNDATION

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2023

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner

Emma Farquhar BFP FCA 43 Medcalfe Way Melbourn Cambridgeshire SG8 6HU

Approved by order of the board of trustees on 16 January 2023 and signed on its behalf by:

.................................................................... D PALADINO - Trustee

Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE MULWADE FOUNDATION

Independent examiner's report to the trustees of The Mulwade Foundation

I report to the charity trustees on my examination of the accounts of The Mulwade Foundation (the Trust) for the year ended 31 March 2023.

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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

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 giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do 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.

Emma Farquhar BFP FCA 43 Medcalfe Way Melbourn Cambridgeshire SG8 6HU

Date: 8 January 2024

The Mulwade Foundation 1184316 Receipts and payments accounts CC16a For the period 01/04/2022 31/03/2023 To from

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest £
1,520
810
-
-
-
-
-
-
2,330
-
-
-
2,330
69
396
1,490
-
-
350
-
-
-
2,305
-
-
-
2,305
25
-
6
30		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

-
-
-

-		 Total funds
to the nearest £
1,520
810
-
-
-
-
-
-
2,330
-
-
-
2,330
69
396
1,490
-
-
350
-
-
-
2,305
-
-
-
2,305

25		 Total funds
to the nearest £
1,520
810
-
-
-
-
-
-
2,330
-
-
-
2,330
69
396
1,490
-
-
350
-
-
-
2,305
-
-
-
2,305

25		 Last year
to the nearest £
Donation income 1,520 -
Repayment of loan 810 -
- -
- -
- -
- -
- -
- -
Sub total(Gross income for
AR)		 2,330 -
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
-

Bank charges		 69 113
Event expenses 396 -
Website & advertising 1,490 7
Admin/runningcosts - - 54
Travel costs - -
Accountancy 350 463
Repayment of loan - 1,307
- -
**Sub total ** - -
2,305 1,836
A4 Asset and investment
purchases (see table)
, -
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
1,836
25 -
-
25		 - 1,836
- - - - -
6 - - 6 -
30 -
-		 30 - 1,836

CCXX R1 accounts (SS)

08/01/2024

1

Section B Statement of assets and liabilities at Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds		 Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Owed by Christopher Wade
Cash at bank
Details
Details
Details
Signature		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
30
-
-
-
-
-
30
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
356
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval

CCXX R2 accounts (SS)

08/01/2024

2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name The Mulwade Foundation members of

On accounts for the year 31 March 2023 Charity no 1184316 ended (if any) Set out on pages 1-4 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2022.

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.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives 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 order to enable a proper understanding of the accounts to be reached.

Signed:

Date: 8 January 2024

Name: Emma Farquhar BFP FCA

Relevant professional ICAEW member number 9251030 qualification(s) or body (if any):

Address: 43 Medcalfe Way, Melbourn, Cambs, SG8 6HU

October 2018

1

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

2

IER