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2024-10-31-accounts

Samuel Leeds Foundation

Annual report and financial statements for the year ended 31[st] October 2024

Contents

Pages :

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 2024

Trustees’ Report

The trustees present their report together with the financial statements for the year ended 31[st] October 2024.

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 August 2025 and signed on its behalf

Samuel Leeds Chair

1

Samuel Leeds Foundation Annual report and financial statements for the year ended 31[st] October 2024

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

On behalf of the Board of Trustees

Samuel Leeds. 20 August 2025 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 2024, 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.

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 :

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.

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 August 2025

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 2024

Income
Direct Charitable Donation
Other Expenses
Deficit/Surplus for the year
Reserves Brought Forward
Reserves Carried Forward
Notes
2024
2023
£
£
1
108,016
288,858
2
(190,106)
(153,850)
3
(4,040)
(2,979)
(86,130)
132,029
133,970
1,941
47,840
133,970

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 2024

Current Assets
Debtors
Cash in Hand & at Bank
Creditors : Amount falling
due within one year
4
Net Current Assets
Total Net Assets
Represented :
Reserve Funds :
Restricted Funds
5
Unrestricted Funds
5
2024
2023
£
£
£
£
-
125,247
51,140
10,323
51,140
135,570
3,300
1,600
47,840
133,970
47,840
133,970
-
128,827
47,840
5,143
47,840
133,970

The Foundation is entitled to exemption from an audit under Section 477 of the Companies Act 2006 for the year ended 31[st] October 2024.

The members have not required the foundation to obtain an audit of its financial statements for the year ended 31[st] October 2024 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 2024 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).

Samuels Leeds Trustee

20 August 2025

6

Samuel Leeds Foundation

Notes forming part of the accounts for the year ended 31[st] October 2024

1 ) Accounting Policies

The financial statements have been prepared under the historical cost convention using the following accounting policies.

a ) Income

a) Income


Details
Uganda
Donations & Gifts

2 ) Direct Donation

Details
UK
Uganda School
Uganda Hospital
Total Expenses
Unrestricted
Funds
2024
£

-

63,396
63,396
Unrestricted
Funds
2024
£
5,571
3,497
-
9,068
Restricted
Funds

2024

£
44,620

-

44,620

Restricted
Funds

2024

£

181,038
181,038

Total
2024
£
44,620
63,396
108,016

Total
2024
£
44,620
63,396
Unrestricted Restricted
Funds
Funds
2023
2023
£
£

-
253,800
35,058
-
35,058
253,800
Unrestricted Restricted
Funds
Funds
2023
2023
£
£

28,877
-
-
11,856
-
113,117
28,877
124,973

Total
2023
£
253,800
35,058
288,858
Total
2023
£
28,877
11,856
113,117
153,850

Total
2024
£
5,571
3,497
181,038




Funds
2023
£
28,877
-
-
28,877



190,106

3 ) Indirect Expenses


Details
Office Expenses
Insurance
Software
Bank Charges
Accountancy Fees
Total Expenses
Unrestricted
Funds
Total
2024
2024
£
£
172
172
1,111
1,111
442
442
615
615
1,700
1,700
4,040
4,040
Unrestricted
Funds
Total
2023
2023
£
£
187
187
1,111
1,111
-
-
81
81
1,600
1,600
2,979
2,979
Unrestricted
Funds
Total
2023
2023
£
£
187
187
1,111
1,111
-
-
81
81
1,600
1,600
2,979
2,979
2,979

7

Samuel Leeds Foundation

Notes forming part of the accounts for the year ended 31[st] October 2024

4 ) Creditors : Amount falling due within one year

Accruals

Total Total 2024 2023 £ £ 3,300 1,600

5 ) Reserve Funds


Details
Opening Balance
Income/Donation
Transfer
Indirect Expenses
Direct Donation
Closing Balance
Unrestricted
Funds

2024
£

5,143
63,396
(7,591)
(4,040)
(9,068)
47,840
Restricted
Funds

2024

£

128,827
44,620
7,591
-
(181,038)
-

Total
2024
£
133,970
108,016
-
(4,040)
(190,106)
47,840
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
Restricted
Funds
2023
£

-
253,800
-
(124,973)
128,827
Total
2023
£
1,941
288,858
(2,979)
(153,850)
133,970


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 2024

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 2024

Contents

Pages :

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 2024

Trustees’ Report

The trustees present their report together with the financial statements for the year ended 31[st] October 2024.

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 August 2025 and signed on its behalf

Samuel Leeds Chair

1

Samuel Leeds Foundation Annual report and financial statements for the year ended 31[st] October 2024

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

On behalf of the Board of Trustees

Samuel Leeds. 20 August 2025 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 2024, 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.

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 :

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.

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 August 2025

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 2024

Income
Direct Charitable Donation
Other Expenses
Deficit/Surplus for the year
Reserves Brought Forward
Reserves Carried Forward
Notes
2024
2023
£
£
1
108,016
288,858
2
(190,106)
(153,850)
3
(4,040)
(2,979)
(86,130)
132,029
133,970
1,941
47,840
133,970

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 2024

Current Assets
Debtors
Cash in Hand & at Bank
Creditors : Amount falling
due within one year
4
Net Current Assets
Total Net Assets
Represented :
Reserve Funds :
Restricted Funds
5
Unrestricted Funds
5
2024
2023
£
£
£
£
-
125,247
51,140
10,323
51,140
135,570
3,300
1,600
47,840
133,970
47,840
133,970
-
128,827
47,840
5,143
47,840
133,970

The Foundation is entitled to exemption from an audit under Section 477 of the Companies Act 2006 for the year ended 31[st] October 2024.

The members have not required the foundation to obtain an audit of its financial statements for the year ended 31[st] October 2024 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 2024 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).

Samuels Leeds Trustee

20 August 2025

6

Samuel Leeds Foundation

Notes forming part of the accounts for the year ended 31[st] October 2024

1 ) Accounting Policies

The financial statements have been prepared under the historical cost convention using the following accounting policies.

a ) Income

a) Income


Details
Uganda
Donations & Gifts

2 ) Direct Donation

Details
UK
Uganda School
Uganda Hospital
Total Expenses
Unrestricted
Funds
2024
£

-

63,396
63,396
Unrestricted
Funds
2024
£
5,571
3,497
-
9,068
Restricted
Funds

2024

£
44,620

-

44,620

Restricted
Funds

2024

£

181,038
181,038

Total
2024
£
44,620
63,396
108,016

Total
2024
£
44,620
63,396
Unrestricted Restricted
Funds
Funds
2023
2023
£
£

-
253,800
35,058
-
35,058
253,800
Unrestricted Restricted
Funds
Funds
2023
2023
£
£

28,877
-
-
11,856
-
113,117
28,877
124,973

Total
2023
£
253,800
35,058
288,858
Total
2023
£
28,877
11,856
113,117
153,850

Total
2024
£
5,571
3,497
181,038




Funds
2023
£
28,877
-
-
28,877



190,106

3 ) Indirect Expenses


Details
Office Expenses
Insurance
Software
Bank Charges
Accountancy Fees
Total Expenses
Unrestricted
Funds
Total
2024
2024
£
£
172
172
1,111
1,111
442
442
615
615
1,700
1,700
4,040
4,040
Unrestricted
Funds
Total
2023
2023
£
£
187
187
1,111
1,111
-
-
81
81
1,600
1,600
2,979
2,979
Unrestricted
Funds
Total
2023
2023
£
£
187
187
1,111
1,111
-
-
81
81
1,600
1,600
2,979
2,979
2,979

7

Samuel Leeds Foundation

Notes forming part of the accounts for the year ended 31[st] October 2024

4 ) Creditors : Amount falling due within one year

Accruals

Total Total 2024 2023 £ £ 3,300 1,600

5 ) Reserve Funds


Details
Opening Balance
Income/Donation
Transfer
Indirect Expenses
Direct Donation
Closing Balance
Unrestricted
Funds

2024
£

5,143
63,396
(7,591)
(4,040)
(9,068)
47,840
Restricted
Funds

2024

£

128,827
44,620
7,591
-
(181,038)
-

Total
2024
£
133,970
108,016
-
(4,040)
(190,106)
47,840
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
Restricted
Funds
2023
£

-
253,800
-
(124,973)
128,827
Total
2023
£
1,941
288,858
(2,979)
(153,850)
133,970


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 2024

Arthur Han Associates Ltd Chartered Certified Accountant

23a Craven Terrace London W2 3QH