Charity number: 1185944 ## **SAI LION YOUTH** ## **UNAUDITED ACCOUNTS** **FOR THE YEAR ENDED 31/03/2022** ## **Prepared By:** AA-Accounting and Business Solutions Associates 265 Haydons Road Wimbledon London SW19 8TY **SAI LION YOUTH** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2022** ## **TRUSTEES** ## **REGISTERED OFFICE** ## **CHARITY NUMBER** 1185944 ## **ACCOUNTANTS** AA-Accounting and Business Solutions Associates 265 Haydons Road Wimbledon London SW19 8TY page 1 ## **SAI LION YOUTH** ## **ACCOUNTS FOR THE YEAR ENDED 31/03/2022** ## **CONTENTS** ||Page| |---|---| |Report of the Trustees|3| |Statement of Financial Activities|4| |Balance Sheet|5| |Notes to the Accounts|6 to 9| |Detailed Statement of Financial Activities|8| page 2 **SAI LION YOUTH** ## **FOR THE YEAR ENDED 31/03/2022** ## **TRUSTEES' REPORT** The trustees present their report and accounts for the year ended 31/03/2022 ## **PRINCIPAL ACTIVITIES** The principal activity of the charity in the period from 23 October 2019 to 31 March 2021 was to promote religious harmony for the benefit of the public by, in particular, but not exclusively educating the public in different religious beliefs including an awareness of their distinctive features and their common ground to promote good relations between persons of different faith. Also the prevention or relief of poverty of the homeless in the london area, in particular ## **STRUCTURE GOVERNANCE AND MANAGEMENT** Prior to the Covid outbreak one of our responsibilities was to hold trustee meting which we were doing on a face to face basis but once the pandemic hit we held these meetings online instead which we felt was the safest and most effective way to carry out our legal duties and going forward we aim to continue running our charity in a completely transparent and accountable manner. The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. This report was approved by the Board of Trustees on 31/01/2023 Prashant Prasad Trustee page 3 **SAI LION YOUTH** ## **Statement of Financial Activities for the year ended 31/03/2022** |**Income**
Income from generated funds
Donations and legacies
**Total Income and endowments**
**Expenses**
Costs of generating funds
Expenditure on Charitable activities
**Total Expenses**
**Net gains on investments**
**Gains/(losses) on revaluation of fixed assests**
**Net movement in funds:**
Total funds brought forward
**Net funds carried forward**|**Unrestricted**
**funds**
**£**
2,640
**2,640**
2,640
**2,640**
100
**100**|**Restricted**
**funds**
**£**
-
**-**
-
**-**
-
**-**|**2022**
**Total**
**£**
2,640| |---|---|---|---| ||||**2,640**| ||||2,640| ||||**2,640**| ||||100| ||||**100**| This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities page 4 ## **SAI LION YOUTH** ## **BALANCE SHEET AT 31/03/2022** |||||**2022**| |---|---|---|---|---| ||**Notes**|||**£**| |**CURRENT ASSETS**||||| |Cash at bank and in hand||100||| |||100||| |||||| |**NET CURRENT ASSETS**||||100| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||||100| |**CAPITAL AND RESERVES**||||| |**Unrestricted funds**|**5**|||| |General fund||||100| |||||100| For the year ending 31/03/2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. ## **Approved by the board of trustees on 31/01/2023 and signed on their behalf by** ............................. Trustee page 5 **SAI LION YOUTH** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31/03/2022** ## **1. ACCOUNTING POLICIES** ## **1a. Basis Of Accounting** The accounts have been prepared under the historical cost convention. The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **1b. Incoming Resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **1c. Resources Expended** 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. ## **1d. Allocation And Apportionment Of Costs** All costs relate to the single activity of the charitable company and are recognised accordingly. ## **1e. 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. Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects. ## **2. EMPLOYEES** **2022 No. No.** - Average number of employees page 6 **SAI LION YOUTH** ## **3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** **2022 £** ## **4. LIMITED BY GUARANTEE** The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £, to the company should it be wound up. At 31/03/2022 there were members. ## **5. UNRESTRICTED FUNDS** General fund |**Brought**
**forward**
**£**
100
100|**Incoming**
**resources**
**£**
2,640
2,640|**Outgoing**
**resources**
**£**
(2,640)
(2,640)|**Transfers**
**£**
-
-|**Carried**
**forward**
**£**
100| |---|---|---|---|---| |||||100| ## **6. RESTRICTED FUNDS** |**Brought**
**forward**|**Incoming**
**resources**|**Outgoing**
**resources**|**Transfers**|**Carried**
**forward**| |---|---|---|---|---| |**£**|**£**|**£**|**£**|**£**| page 7 ## **SAI LION YOUTH** **Incoming Resources for the year ended 31/03/2022 2022 £ Incoming resources Incoming resources from generated funds** 2,640 2,640 page 8 ## **SAI LION YOUTH** |**Expenses**
**for the year ended 31/03/2022**
**Expenses**
**Costs of generating funds**
**Charitable Activities**
Resources Expended Charitable Activities 1|**2022**
**£**
2,640| |---|---| ||2,640| ||2,640| page 9