OpenCharities

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

2020-09-01-accounts

REGISTERED CHARITY NUMBER: 1185125

Report of the Trustees and

Unaudited Financial Statements

for the Period 2 September 2019 to 31 August 2020

for

Welcome To The UK CIO

Butlers Chartered Accountants Suite 6 Burley House 15 High Street Rayleigh Essex SS6 7EW

Welcome To The UK CIO

Contents of the Financial Statements for the Period 2 September 2019 to 31 August 2020

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 11
Detailed Statement of Financial Activities 12

Welcome To The UK CIO

Report of the Trustees for the Period 2 September 2019 to 31 August 2020

The trustees present their report with the financial statements of the charity for the period ended 31 August 2020. The trustees have adopted the provisions contained within section 133 of the Charities Act 2011 to prepare receipts and payments accounts.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objective of the charity is to support families from overseas who have recently arrived in the UK to positively engage in Southend-On-Sea.

Significant activities

In fulfilling its primary objective the charity undertake a number of significant activities including providing English Speakers of Other Languages (ESOL) support to families, and supporting families through a variety of projects and workshops.

Public benefit

The trustees have had consideration for the Charity Commission requirements that charities have due consideration of the public benefit they provide. The trustees are satisfied that they meet these requirements.

Volunteers

The charity is grateful to all individuals and organizations who have contributed to the overall income and success of projects undertaken.The charity had 11 volunteers serving in various capacities and for several hours a week. All staff, trustees and volunteers are DBS checked.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

FINANCIAL REVIEW

Reserves policy

We intend to maintain our reserves at a level which is at equivalent to 3 months from unrestricted funds, £10,000. We intend to use the reserves for the hub running costs and wages.

Page 1

Welcome To The UK CIO

Report of the Trustees for the Period 2 September 2019 to 31 August 2020

FUTURE PLANS

In addition to continuing our current schedule of activities including ESOL classes, IT classes, NHS workshops and educational workshops , we also plan to do the following;

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

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

Decision making

Day to day operation of the charity is delegated to co-ordinator and founding volunteer, Ilda Stafa, supported by volunteers and three staff members.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1185125

Principal address

1st Floor Victoria Shopping Centre Chartwell Square Southend on Sea Essex SS2 5SP

Trustees

E Nathan (appointed 26.5.2020) A Clayson Chairperson (appointed 2.9.2019) L Cenka (appointed 2.9.2019) O Miguel (appointed 9.7.2021)

Independent Examiner

Butlers Chartered Accountants Suite 6 Burley House 15 High Street Rayleigh Essex SS6 7EW

COMMENCEMENT OF ACTIVITIES

The charity was incorporated on 2 September 2019 having previously been established as the small charity Welcome to the UK. A transfer of assets resolution was approved by the trustees and at the point of CIO was registered, all assets were transferred to the CIO.

Page 2

Welcome To The UK CIO

Report of the Trustees for the Period 2 September 2019 to 31 August 2020

Approved by order of the board of trustees on 8 September 2021 and signed on its behalf by:

A Clayson - Trustee

Page 3

Independent Examiner's Report to the Trustees of Welcome To The UK CIO

Independent examiner's report to the trustees of Welcome To The UK CIO

I report to the charity trustees on my examination of the accounts of Welcome To The UK CIO (the Trust) for the period 2 September 2019 to 31 August 2020.

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.

Hayley Meagher ICAEW 9130081 Butlers Chartered Accountants Suite 6 Burley House 15 High Street Rayleigh Essex SS6 7EW

8 September 2021

Page 4

Welcome To The UK CIO

Statement of Financial Activities for the Period 2 September 2019 to 31 August 2020

Period
2.9.19
to Year Ended
31.8.20 1.9.19
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 230 - 230 2,770
Charitable activities
Charitable activities 8,415 27,177 35,592 9,885
Total 8,645 27,177 35,822 12,655
EXPENDITURE ON
Charitable activities
Charitable activities 5,542 16,927 22,469 8,302
NET INCOME 3,103 10,250 13,353 4,353
RECONCILIATION OF FUNDS
Total funds brought forward 3,934 4,303 8,237 3,884
TOTAL FUNDS CARRIED FORWARD 7,037 14,553 21,590 8,237

The notes form part of these financial statements

Page 5

Welcome To The UK CIO

Balance Sheet 31 August 2020

31.8.20
Unrestricted
Restricted
Total
funds
funds
funds
Notes
£
£
£
CURRENT ASSETS
Cash at bank
7,517
14,553
22,070
CREDITORS
Amounts falling due within one year
5
(480)
-
(480)
NET CURRENT ASSETS
7,037
14,553
21,590
TOTAL ASSETS LESS CURRENT
LIABILITIES
7,037
14,553
21,590
NET ASSETS
7,037
14,553
21,590
FUNDS
6
Unrestricted funds
7,037
Restricted funds
14,553
TOTAL FUNDS
21,590
1.9.19
Total
funds
£
8,237
-
8,237
8,237
8,237
3,934
4,303
8,237

The financial statements were approved by the Board of Trustees and authorised for issue on 8 September 2021 and were signed on its behalf by:

A Clayson - Trustee

The notes form part of these financial statements

Page 6

Welcome To The UK CIO

Notes to the Financial Statements for the Period 2 September 2019 to 31 August 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the period ended 31 August 2020 nor for the year ended 1 September 2019.

Trustees' expenses

There were no trustees' expenses paid for the period ended 31 August 2020 nor for the year ended 1 September 2019.

continued...

Page 7

Welcome To The UK CIO

Notes to the Financial Statements - continued for the Period 2 September 2019 to 31 August 2020

3. STAFF COSTS

The average monthly number of employees during the period was as follows:

Employees
No employees received emoluments in excess of £60,000.
4.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2,770
Charitable activities
Charitable activities
5,000
Total
7,770
EXPENDITURE ON
Charitable activities
Charitable activities
7,720
NET INCOME
50
RECONCILIATION OF FUNDS
Total funds brought forward
3,884
TOTAL FUNDS CARRIED FORWARD
3,934
Period
2.9.19
to
Year Ended
31.8.20
1.9.19
1
-
Restricted
Total
funds
funds
£
£
-
2,770
4,885
9,885
4,885
12,655
582
8,302
4,303
4,353
-
3,884
4,303
8,237
Period
2.9.19
to
Year Ended
31.8.20
1.9.19
1
-
Restricted
Total
funds
funds
£
£
-
2,770
4,885
9,885
4,885
12,655
582
8,302
4,303
4,353
-
3,884
4,303
8,237
Period
2.9.19
to
Year Ended
31.8.20
1.9.19
1
-
Restricted
Total
funds
funds
£
£
-
2,770
4,885
9,885
4,885
12,655
582
8,302
4,303
4,353
-
3,884
4,303
8,237
12,655
8,302
4,353
3,884
8,237

continued...

Page 8

Welcome To The UK CIO

Notes to the Financial Statements - continued for the Period 2 September 2019 to 31 August 2020

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.20 1.9.19
£ £
Other creditors 480 -
6. MOVEMENT IN FUNDS
Net
movement At
At 2.9.19 in funds 31.8.20
£ £ £
Unrestricted funds
General fund 3,934 588 4,522
ROSCA - 2,515 2,515
3,934 3,103 7,037
Restricted funds
Essex Community Funds 2,333 (2,333) -
SBC Grant 1,970 (1,970) -
Big Lottery COVID-19 - 3,333 3,333
Big Lottery Access For All - 11,220 11,220
4,303 10,250 14,553
TOTAL FUNDS 8,237 13,353 21,590
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 6,045 (5,457) 588
ROSCA 2,600 (85) 2,515
8,645 (5,542) 3,103
Restricted funds
Cultural Wellbeing 1,986 (1,986) -
Essex Community Funds - (2,333) (2,333)
SBC Grant - (1,970) (1,970)
Big Lottery COVID-19 9,971 (6,638) 3,333
ECF Emergency Funds 4,000 (4,000) -
Big Lottery Access For All 11,220 - 11,220
27,177 (16,927) 10,250
TOTAL FUNDS 35,822 (22,469) 13,353

continued...

Page 9

Welcome To The UK CIO

Notes to the Financial Statements - continued for the Period 2 September 2019 to 31 August 2020

6. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 2.9.18 in funds 1.9.19
£ £ £
Unrestricted funds
ROSCA 3,884 50 3,934
Restricted funds
Essex Community Funds - 2,333 2,333
SBC Grant - 1,970 1,970
- 4,303 4,303
TOTAL FUNDS 3,884 4,353 8,237

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
ROSCA 7,770 (7,720) 50
Restricted funds
Essex Community Funds 2,915 (582) 2,333
SBC Grant 1,970 - 1,970
4,885 (582) 4,303
TOTAL FUNDS 12,655 (8,302) 4,353

7. RELATED PARTY DISCLOSURES

There were no related party transactions for the period ended 31 August 2020.

8. MERGER DETAILS

Welcome to the UK CIO was registered on 2nd September 2019. Charitable status was also achieved on this date, with registered charity number 1185125.

Welcome to the UK Trust (unregistered entity) was closed in due course as a result of the creation of the CIO.

Under an asset transfer agreement, all the assets of Welcome to the UK (unregistered entity) were transferred to Welcome to the UK CIO on 2nd September 2019.

Welcome to the UK CIO also agreed to discharge the liabilities of Welcome to the UK (unregistered entity) as they fall due for payment and in return receive debts due to Welcome to the UK (unregistered entity ) as at 2nd September 2019.

The financial statements have been prepared upon Charities SORP FRS102 Section 27, subsection 12 - Accounting for charity reconstructions as mergers.

continued...

Page 10

Welcome To The UK CIO

Notes to the Financial Statements - continued for the Period 2 September 2019 to 31 August 2020

8. MERGER DETAILS - continued

The details below show the unincorporated charity's net assets at the date of transfer. The comparative figures shown in the SOFA for the prior year all relate to Welcome to the UK (Unregistered) because the CIO was dormant during the year.

The net assets of the unincorporated charity were transferred on 2nd September 2019 as follows:

2nd September 2019 £ Cash at bank and in hand £8,237 Total net assets £8,237

Page 11

Welcome To The UK CIO

Detailed Statement of Financial Activities for the Period 2 September 2019 to 31 August 2020

Period
2.9.19
to Year En ded
31.8.20 1.9.19
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 230 2,770
Charitable activities
Grants 35,592 9,885
Total incoming resources 35,822 12,655
EXPENDITURE
Charitable activities
Wages 13,527 -
Postage and stationery 179 204
Advertising 926 125
Volunteer training 300 292
Volunteer expenses 808 811
Venue hire 2,042 4,088
Refreshments 587 -
Travel expenses 431 70
Telephone and internet 842 746
Insurance 40 177
Activity costs 2,307 1,789
Independent examination 480 -
22,469 8,302
Total resources expended 22,469 8,302
Net income 13,353 4,353

This page does not form part of the statutory financial statements

Page 12