## **Samuel Leeds Foundation**
## **Annual report and financial statements for the year ended 31[st] October 2023**
## **Contents**
Pages :
- 1 Trustees’ Report
- 2 Statement of Trustees’ Responsibilities
3-4 Accountant’s Report 5 Profit & Loss Accounts 6 Balance Sheet 7-9 Notes forming part of the Accounts
## **Directors & Trustees :**
Samuel Leeds Russell Leeds Amanda Leeds Anna Leeds
## **Registered Office**
Kings Head House 15 London End Beaconsfield HP9 2HN
## **Company Number : CE019821**
## **Charity Registration Number : 1186669**
## **Accountant** :
Arthur Han Associates Ltd Chartered Certified Accountant 23a Craven Terrace London W2 3QH
## **Samuel Leeds Foundation**
## **Annual report and financial statements for the year ended 31[st] October 2023**
## **Trustees’ Report**
The trustees present their report together with the financial statements for the year ended 31[st] October 2023.
## **Principal activities**
The main activities of the Foundation during the financial period are the prevention or relief of poverty across Africa and the United Kingdom.
## **Objectives of the Charity**
The objectives of the Samuel Leeds Foundation are to prevent or relief of poverty in Africa and the United Kingdom. To help individuals and communities by providing services and advice.
## **Activities and Review during the year**
During the year various fund-raising activities were undertaken to provide relief and support projects.
## **Directors and Trustees**
The Directors and Trustees of the Company during the period were:
Samuel Leeds Russell Leeds Amanda Leeds Anna Leeds
## **Small Company provisions**
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies’ regime.
## _**This report was approved by the board on 20 July 2024 and signed on its behalf**_
## **Samuel Leeds** _**Chair**_
1
## **Samuel Leeds Foundation Annual report and financial statements for the year ended 31[st] October 2023**
## **Statement of Trustees’ responsibilities for the accounts.**
The purpose of this statement is to distinguish the trustees’ responsibilities for the accounts from those of the accountants as stated in their report.
The Charities Act 2011 requires the trustees to ensure that accounting records are kept in respect of all charity’s transactions, and to prepare a statement of accounts for each accounting period consisting of a statement of income and expenditure account and a balance sheet. The trustees are also responsible for safeguarding the charity’s assets, and hence for taking reasonable steps for the prevention and detection of error, fraud and other irregularities.
In preparing the accounts the trustees are expected to:
1) Select suitable accounting policies and apply them consistently, making judgements and estimates that are reasonable and prudent.
2) Follow the recommendations of the Charity Commission and of the accounting profession with regard to from and content of the accounts, or to disclose and explain any departures therefrom: and
- 3) Prepare the accounts on the going concern basis unless it is inappropriate to assume that the charity will be able to continue to meet its objectives.
On behalf of the Board of Trustees
**Samuel Leeds.** _**20 July 2024 Trustee**_
2
## **Independent Examiner’s Report**
## **To the Trustees on the unaudited accounts of Samuel Leeds Foundation**
We report on the accounts of the Samuel Leeds Foundation for the year ended 31[st] October 2023, which are set out on pages 5-9.
## **Respective responsibilities of Trustees and Examiner**
The charity’s trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and has requested that an independent examination is undertaken as the charity gross income is more than £250,000.
I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.
Having satisfied myself that the Charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to :
- examine the accounts ( under section 145 of the 2011 Act )
- follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried our in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention :
1) which gives me reasonable cause to believe that in any material aspects the requirements.
- to keep accounting records in accordance with section 386 of the Companies Act 2006 and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.
3
## **Independent Examiner’s Report**
Accounting and Reporting by Charities have not been met OR
2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**21 July 2024**
**Arthur Han Associates Ltd Chartered Certified Accountants 23a Craven Terrace London W2 3QH**
4
||||
|---|---|---|
|**Samuel Leeds Foundation**
**Profit and Loss Accounts for theyear ended 31st**||**October 2023**|
|
**Income**
Direct Charitable Donation
Other Expenses
Surplus for the year
**Reserves Brought Forward**
**Reserves Carried Forward**|**Notes**
**2023**
**2022**
**£**
**£**
**1**
288,858
106,285
**2**
(153,850)
(103,194)
**3**
(2,979)
(1,756)
132,029
1,335
1,941
606
133,970
1,941||
The Foundation has no recognised gains or losses other than those included in the net surplus above and therefore no separate statement of total recognised gains and losses has been presented.
There is no difference between the deficit for the year before taxation and the income for the year stated above and the historical cost equivalents and therefore no separate note of historical cost profits and losses has been presented.
5
## **Samuel Leeds Foundation**
## **Balance Sheet as at 31[st] October 2023**
|**2023**
**£**
**£**
**Current Assets**
Debtors
125,247
Cash in Hand & at Bank
10,323
135,570
**Creditors : Amount falling**
**due within one year**
**4**
1,600
**Net Current Assets**
133,970
**Total Net Assets**
133,970
**Represented :**
**Reserve Funds :**
Restricted Funds
**5**
128,827
Unrestricted Funds
**5**
5,143
133,970|**2022**
**£**
-
2,288
2,288
347
|**2022**|
**£**
1,941
1,941
-
1,941
1,941|
|---|---|---|---|
The Foundation is entitled to exemption from an audit under Section 477 of the Companies Act 2006 for the year ended **31[st] October 2023.**
The members have not required the foundation to obtain an audit of its financial statements for the year ended **31[st] October 2023** in accordance with Section 476 of the Companies Act 2006.
The Trustees acknowledge their responsibilities for ensuring that the Foundation keeps accounting records which comply with section 386 & 387 of the Companies Act 2006 and for preparing accounts which give a true and fair view of the state of the affairs of the Company as at **31[st] October 2023** and of its surplus for the period then ended in accordance with the requirements of section 394 & 395, which otherwise comply with the requirements of the Companies Act 2006 relating to the financial statements, so far as applicable to the company.
The accounts have prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
**20** _**July 2024**_
**Samuels Leeds** _**Trustee**_
6
## **Samuel Leeds Foundation**
## **Notes forming part of the accounts for the year ended 31[st] October 2023**
## **1 ) Accounting Policies**
The financial statements have been prepared under the historical cost convention using the following accounting policies.
## a **) Income**
|
**Details**
Uganda
Donations & Gifts
**2 ) Direct Donation**
**Details**
UK
Uganda School
Uganda Hospital
**Total Expenses**
**3 ) Indirect Expenses**
**Details**
Office Expenses
Insurance
Bank Charges
Accountancy Fees
**Total Expenses**|**Unrestricted **
**Funds**
**2023**
**£**
-
35,058
35,058
**Unrestricted **
**Funds**
**2023**
**£**
28,877
-
-
28,877
**Unrestricted**
**Funds**
**2023**
**£**
187
1,111
81
1,600
2,979|**Restricted**
**Funds**
**2023**
**£**
253,800
-
253,800
**Restricted**
**Funds**
**2023**
**£**
-
11,856
113,117
124,973
|
**Total**
**2023**
**£**
253,800
35,058
288,858
**Total**
**2023**
**£**
28,877
11,856
113,117
153,850
**Total**
**2023**
**£**
187
1,111
81
1,600
2,979|**Unrestricted**
**Funds**
**2022**
**£**
-
106,285
106,285
**Unrestricted**
**Funds**
**2022**
**£**
77,500
25,694
103,194
**Unrestricted**
**Funds**
**2022**
**£**
187
-
69
1,500
1,756|**Total**
**2021**
**£**
-
106,285|**Total**
**2021**
**£**
-
106,285|**Total**
**2021**
**£**
-
106,285|
|---|---|---|---|---|---|---|---|
||||||106,285|||
||||||**Total**
**2022**
**£**
77,500
25,694
103,194|**Total**
**2022**
**£**
77,500
25,694||
||
|||||||
||||||**Total**
**2022**
**£**
187
-
69
1,500
1,756|||
||||||||1,756|
## **3 ) Indirect Expenses**
7
## **Samuel Leeds Foundation**
## **Notes forming part of the accounts for the year ended 31[st] October 2022**
## **4 ) Creditors : Amount falling due within one year**
**Accruals**
**Total Total 2023 2022 £ £** 1,600 347
## **5 ) Reserve Funds**
|
**Details**
Opening Balance
Income/Donation
Indirect Expenses
Direct Donation
**Closing Balance**|**Unrestricted**
**Funds**
**2023**
**£**
1,941
35,058
(2,979)
(28,877)
**5,143**|**Unrestricted**
**Funds**
**2023**
**£**
1,941
35,058
(2,979)
(28,877)
**5,143**|**Restricted**
**Funds**
**2023**
**£**
-
253,800
-
(124,973)
**128,827**|
**Total**
**2023**
**£**
1,941
288,858
(2,979)
(153,850)
**133,970**|**Unrestricted**
**Funds**
**2022**
**£**
606
106,285
(1,756)
(103,194)
**1,941**|**Unrestricted**
**Funds**
**2022**
**£**
606
106,285
(1,756)
(103,194)
**1,941**|**Total**
**2022**
**£**
606
106,285
(1,756)
(103,194)
**1,941**|
|---|---|---|---|---|---|---|---|
||||||
|||
|||||||||
## **6 ) Share Capital**
The Foundation is limited by guarantee and has no share capital. The liability of the members under guarantee are limited to £1 each **.**
8
**Charity No: 1186669 Company No : CE019821**
**Samuel Leeds Foundation Financial Statements For the year ended 31[st] October 2023**
**Arthur Han Associates Ltd Chartered Certified Accountant**
**23a Craven Terrace London W2 3QH**
## **Samuel Leeds Foundation**
## **Annual report and financial statements for the year ended 31[st] October 2023**
## **Contents**
Pages :
- 1 Trustees’ Report
- 2 Statement of Trustees’ Responsibilities
3-4 Accountant’s Report 5 Profit & Loss Accounts 6 Balance Sheet 7-9 Notes forming part of the Accounts
## **Directors & Trustees :**
Samuel Leeds Russell Leeds Amanda Leeds Anna Leeds
## **Registered Office**
Kings Head House 15 London End Beaconsfield HP9 2HN
## **Company Number : CE019821**
## **Charity Registration Number : 1186669**
## **Accountant** :
Arthur Han Associates Ltd Chartered Certified Accountant 23a Craven Terrace London W2 3QH
## **Samuel Leeds Foundation**
## **Annual report and financial statements for the year ended 31[st] October 2023**
## **Trustees’ Report**
The trustees present their report together with the financial statements for the year ended 31[st] October 2023.
## **Principal activities**
The main activities of the Foundation during the financial period are the prevention or relief of poverty across Africa and the United Kingdom.
## **Objectives of the Charity**
The objectives of the Samuel Leeds Foundation are to prevent or relief of poverty in Africa and the United Kingdom. To help individuals and communities by providing services and advice.
## **Activities and Review during the year**
During the year various fund-raising activities were undertaken to provide relief and support projects.
## **Directors and Trustees**
The Directors and Trustees of the Company during the period were:
Samuel Leeds Russell Leeds Amanda Leeds Anna Leeds
## **Small Company provisions**
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies’ regime.
## _**This report was approved by the board on 20 July 2024 and signed on its behalf**_
## **Samuel Leeds** _**Chair**_
1
## **Samuel Leeds Foundation Annual report and financial statements for the year ended 31[st] October 2023**
## **Statement of Trustees’ responsibilities for the accounts.**
The purpose of this statement is to distinguish the trustees’ responsibilities for the accounts from those of the accountants as stated in their report.
The Charities Act 2011 requires the trustees to ensure that accounting records are kept in respect of all charity’s transactions, and to prepare a statement of accounts for each accounting period consisting of a statement of income and expenditure account and a balance sheet. The trustees are also responsible for safeguarding the charity’s assets, and hence for taking reasonable steps for the prevention and detection of error, fraud and other irregularities.
In preparing the accounts the trustees are expected to:
1) Select suitable accounting policies and apply them consistently, making judgements and estimates that are reasonable and prudent.
2) Follow the recommendations of the Charity Commission and of the accounting profession with regard to from and content of the accounts, or to disclose and explain any departures therefrom: and
- 3) Prepare the accounts on the going concern basis unless it is inappropriate to assume that the charity will be able to continue to meet its objectives.
On behalf of the Board of Trustees
**Samuel Leeds.** _**20 July 2024 Trustee**_
2
## **Independent Examiner’s Report**
## **To the Trustees on the unaudited accounts of Samuel Leeds Foundation**
We report on the accounts of the Samuel Leeds Foundation for the year ended 31[st] October 2023, which are set out on pages 5-9.
## **Respective responsibilities of Trustees and Examiner**
The charity’s trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and has requested that an independent examination is undertaken as the charity gross income is more than £250,000.
I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.
Having satisfied myself that the Charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to :
- examine the accounts ( under section 145 of the 2011 Act )
- follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried our in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention :
1) which gives me reasonable cause to believe that in any material aspects the requirements.
- to keep accounting records in accordance with section 386 of the Companies Act 2006 and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.
3
## **Independent Examiner’s Report**
Accounting and Reporting by Charities have not been met OR
2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**21 July 2024**
**Arthur Han Associates Ltd Chartered Certified Accountants 23a Craven Terrace London W2 3QH**
4
||||
|---|---|---|
|**Samuel Leeds Foundation**
**Profit and Loss Accounts for theyear ended 31st**||**October 2023**|
|
**Income**
Direct Charitable Donation
Other Expenses
Surplus for the year
**Reserves Brought Forward**
**Reserves Carried Forward**|**Notes**
**2023**
**2022**
**£**
**£**
**1**
288,858
106,285
**2**
(153,850)
(103,194)
**3**
(2,979)
(1,756)
132,029
1,335
1,941
606
133,970
1,941||
The Foundation has no recognised gains or losses other than those included in the net surplus above and therefore no separate statement of total recognised gains and losses has been presented.
There is no difference between the deficit for the year before taxation and the income for the year stated above and the historical cost equivalents and therefore no separate note of historical cost profits and losses has been presented.
5
## **Samuel Leeds Foundation**
## **Balance Sheet as at 31[st] October 2023**
|**2023**
**£**
**£**
**Current Assets**
Debtors
125,247
Cash in Hand & at Bank
10,323
135,570
**Creditors : Amount falling**
**due within one year**
**4**
1,600
**Net Current Assets**
133,970
**Total Net Assets**
133,970
**Represented :**
**Reserve Funds :**
Restricted Funds
**5**
128,827
Unrestricted Funds
**5**
5,143
133,970|**2022**
**£**
-
2,288
2,288
347
|**2022**|
**£**
1,941
1,941
-
1,941
1,941|
|---|---|---|---|
The Foundation is entitled to exemption from an audit under Section 477 of the Companies Act 2006 for the year ended **31[st] October 2023.**
The members have not required the foundation to obtain an audit of its financial statements for the year ended **31[st] October 2023** in accordance with Section 476 of the Companies Act 2006.
The Trustees acknowledge their responsibilities for ensuring that the Foundation keeps accounting records which comply with section 386 & 387 of the Companies Act 2006 and for preparing accounts which give a true and fair view of the state of the affairs of the Company as at **31[st] October 2023** and of its surplus for the period then ended in accordance with the requirements of section 394 & 395, which otherwise comply with the requirements of the Companies Act 2006 relating to the financial statements, so far as applicable to the company.
The accounts have prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
**20** _**July 2024**_
**Samuels Leeds** _**Trustee**_
6
## **Samuel Leeds Foundation**
## **Notes forming part of the accounts for the year ended 31[st] October 2023**
## **1 ) Accounting Policies**
The financial statements have been prepared under the historical cost convention using the following accounting policies.
## a **) Income**
|
**Details**
Uganda
Donations & Gifts
**2 ) Direct Donation**
**Details**
UK
Uganda School
Uganda Hospital
**Total Expenses**
**3 ) Indirect Expenses**
**Details**
Office Expenses
Insurance
Bank Charges
Accountancy Fees
**Total Expenses**|**Unrestricted **
**Funds**
**2023**
**£**
-
35,058
35,058
**Unrestricted **
**Funds**
**2023**
**£**
28,877
-
-
28,877
**Unrestricted**
**Funds**
**2023**
**£**
187
1,111
81
1,600
2,979|**Restricted**
**Funds**
**2023**
**£**
253,800
-
253,800
**Restricted**
**Funds**
**2023**
**£**
-
11,856
113,117
124,973
|
**Total**
**2023**
**£**
253,800
35,058
288,858
**Total**
**2023**
**£**
28,877
11,856
113,117
153,850
**Total**
**2023**
**£**
187
1,111
81
1,600
2,979|**Unrestricted**
**Funds**
**2022**
**£**
-
106,285
106,285
**Unrestricted**
**Funds**
**2022**
**£**
77,500
25,694
103,194
**Unrestricted**
**Funds**
**2022**
**£**
187
-
69
1,500
1,756|**Total**
**2021**
**£**
-
106,285|**Total**
**2021**
**£**
-
106,285|**Total**
**2021**
**£**
-
106,285|
|---|---|---|---|---|---|---|---|
||||||106,285|||
||||||**Total**
**2022**
**£**
77,500
25,694
103,194|**Total**
**2022**
**£**
77,500
25,694||
||
|||||||
||||||**Total**
**2022**
**£**
187
-
69
1,500
1,756|||
||||||||1,756|
## **3 ) Indirect Expenses**
7
## **Samuel Leeds Foundation**
## **Notes forming part of the accounts for the year ended 31[st] October 2022**
## **4 ) Creditors : Amount falling due within one year**
**Accruals**
**Total Total 2023 2022 £ £** 1,600 347
## **5 ) Reserve Funds**
|
**Details**
Opening Balance
Income/Donation
Indirect Expenses
Direct Donation
**Closing Balance**|**Unrestricted**
**Funds**
**2023**
**£**
1,941
35,058
(2,979)
(28,877)
**5,143**|**Unrestricted**
**Funds**
**2023**
**£**
1,941
35,058
(2,979)
(28,877)
**5,143**|**Restricted**
**Funds**
**2023**
**£**
-
253,800
-
(124,973)
**128,827**|
**Total**
**2023**
**£**
1,941
288,858
(2,979)
(153,850)
**133,970**|**Unrestricted**
**Funds**
**2022**
**£**
606
106,285
(1,756)
(103,194)
**1,941**|**Unrestricted**
**Funds**
**2022**
**£**
606
106,285
(1,756)
(103,194)
**1,941**|**Total**
**2022**
**£**
606
106,285
(1,756)
(103,194)
**1,941**|
|---|---|---|---|---|---|---|---|
||||||
|||
|||||||||
## **6 ) Share Capital**
The Foundation is limited by guarantee and has no share capital. The liability of the members under guarantee are limited to £1 each **.**
8
**Charity No: 1186669 Company No : CE019821**
**Samuel Leeds Foundation Financial Statements For the year ended 31[st] October 2023**
**Arthur Han Associates Ltd Chartered Certified Accountant**
**23a Craven Terrace London W2 3QH**