REGISTERED CHARITY NUMBER.. 1186748 REGISTERED COMPANY NUMBER: 1142Z323 IEngLand and Wales) REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMEFirs FOR THE YEAR ENDED 30 JUNE 2022 FOR NEOTREE Juli8tte Tompson AountIng Limited 23 Prospect Street Caversham Reading RG4 8JB
NEOTREE CONTEKfs OF THE FINANCIAL STATEMETrrrs For The Year Ended 30 June 2022 Page Report of the Trustees 1to2 Independent Examiners Report Sialemenl of Financial Actwitie$ Balance Sheet 5t06 Notes to the Financial Statements 7tog Detailed Statement of Financial ActivIlS 10
NEOTREE REPORT OF THE TRUSTEES For The Year Ended 30 June 2022 The truslees who are also directors of the tharity for the purFoses of the Compankgs Acl 21X)6, present their report with th8 financial statements of the charity for the peri¢xI ending 30 June 2022. The trustees have adopted the provisions ol Accounting and ReFK)rting by Charit$.. Statemenl of Recommended Practice applicable to charities preparing their accounts in accordanc& with the Financial ReportiThJ Standard applicable in th8 UK and Republic of Ireland (FFIS 1021 (effeclive 1 January 2015). Structure. goveman¢e and management The charity is conlrolled by its gove¥ning docuffenl, a deed of trust. and o)nstitutesa limited Mpany. limrted by guarantee, as defined by the Companies Act 2006. Reference and adminlstratlve details Registered Company number.. 11422323 (England and Wales) 148gistered Charrty number.. 1186748 Reglstered offl¢e The Broadgate Tower Third Floor, 20 Primrose Street, London EC2A 2RS Trustees Dr Felicity Caroline Scarfet Fitzgerald Dr Mich8118 Heys Erin Kesler Yali Sassoon Katherine Herzog Parsons Company secretary Reed Smith Corporate SeTvices LimFted Independent examlner Juliette Tompson Accounting Llmtted 23 Prospect Street Caversham Reading RG4 8JB Page 1
NEOTREE REPORT OF THE TRUSTEES - coMfiNUED For The Year Ended 30 June 2022 STATEMENT OF TRUSTEES. RESPONSIBILMES The truees (who ar8 also the directors ol Neotree for thé puoseS of company lawl are r8sponsible for preparlng the Fleport of the tNste8s and the financaal slatements in accordance with applicable law and United Kingdom Accounting Standards (Untled Kingdom Generally Accepted ACCU11ng practi). Company law requires the Irustees to prepare financial statements for each financial swar %thtch give a true and fair view of the stale of affairs of the ¢haritabte company and of the incoming resources and app1itx1n of resources, including the income and expenditure, of the tharitable company for that Peric1. In preparing those financial statements, the trustees are required to-. select suitable accounting policies and then apply them nsisnIty,. obsetve the methods and principles in the Charity SORP. make judgements and estimates that are reasonable and prud8nt', prepare the financK41 statements on the going concern basis unles8 it is inappropriats to presume that the charitable company wll continue In business. The Irustees are responsible for keeping proper acwunting re(y)rds whvth disclose wtth reasonable accuracy at any lime the financial position of the charitable Company and to enable them to ensure Ihal the financial stalemenls comply with the Companies Act 2006. Try are also responsible for safeguarding th8 assets of the charitable company ar hence lor tsking r8asonabl8 Steps for the preventon and deieclion ol fraud ar other irregularities. Recruitment* appointment, Induct]on and tralnlng of new trustees All trustees understand their dutEs and responsibllities as ttuslees and the need to act in the best interests of the charity. At each AGM the existing truslees explaln lo the new tTuste8s what Is required of them and appropriate literature is handed outto them. For roles, such as the treasurer, chair and secretary, the exisllng chairperson meels with prospective twstees to dlscuss th8ir roles and responsibilities and to aSrtain the appropriate skill level of the prosp8dive trustees. Trustees are aware that they retaln overall responsibility and wntrol of the trustee recruilmenl, selection and induction prOS$. Approved by order of the board of trustees on 1 December 2022 and slgned on Éts behalf by.. Yali Sassoon- Trustse Page 2
INDEpENDEr EXAMINERS REpOr TO THE TRUSTEES OF NEOTREE I report on the accounts for the year ended 30 June 2022 * out on pages four lo ten. Respective responslbllltleg of tntstees and examlner The charity'slnjstees are responsible forthe preparation ofthe accounts. The charitys trustses consider that an audft is rt required for this year (under Section 144(2} of the Charities Act 2011 (the 2011 Act) and that an independent examlnation is required. It is my responsibility lo.. Examine the accx)unts under Sedion 145 of the 2011 Act To follow the prOdureS laid down by the General Directlon$ given by the Chaisty Commission To slate whether particular matters have come to my attention Basis of th8 independent examiMrs report My examination was oxrried out in aCrdan wlth the General Dirertions given bythe Charity Commission. An examination includes a review of the acrx)unting records kepl by the chaTity and a cx)mparison of the accounts presented with those records. It also includes consideration of any unusual rtems or disckjsures in the accounts and seeking explanations from you as trustees conceming any suth matters. The procedures undertaken do not prowde all the evidence that woukl be required in an audit. and nsequentlY no opinion is given as to whether the ac(xJunts present a Irue and fair viev¥ and the report is limited to those matters set out in thè statements bebw. Independent examlneffs statement In connedlon with my examination. no matter has come to my attention.. (11 Whlch glves me reasonable rAuse lo believe Ihat, in any material respect, the requlrements: To keep accounting records in accordance with Section 130 01 the 2011 Act To prepare accounts which accord with the accounting records and kn comply with the acwuntiNJ roquirements of the 2011 Act. Have not b88n m8t', or {2) To which, in my opinion, attention should be drawn, in order lo enab18 a proper und8rstanding of the accounts to b8 reachad. SM jaCkn S M Jaekson FCCA Juliette Tompson Accounting Limited 23 Prospect Street Caversham Reading RG4 8JB Date.. 1411112022 Page 3
NEOTREE STATEMENT OF FINANCIAL AcrivrriES For The Year Ended 30 June 2022 22 Restricted Funds 2022 Total Funds Unrestricted FurKJs Total Funds Notes INCOME AND ENDOWMETrirs FROM Donations and16gacles 80.685 80,685 25,515 Grants 1,230 1,fdO 5,697 Investments 32 32 Total ao,717 1,230 81,947 31212 EXPENDrruRE ON Fundraising Activities I,0 1,560 Charhable Activities 35,219 1.230 36,449 Other 4,253 1.263 Total 41.032 1,230 42,262 1,263 NET INCOMINGJ(EXPENDrruRE) 3 39.685 39,685 29,949 RECONCILIATION OF FUNDS Total funds brought forward 33,509 33,509 3,560 TOTAL FUNDS CARRIED FORWARD 73,194 73.194 Page 4
NEOTREE BALANCE SHEEr At 30 June 2022 2022 Unr8Stricted Funds 2022 Restricted Funds 2022 Total Funds 2021 Total Funds FIXED ASSErs Tangible assets CURRENT ASSETS Cash at bank and in hand 77,219 77,219 35.248 77,219 77,219 35,248 CURRETrif UABIUTIES Amounts falling due wilhin one year (4,025) (4.0251 11,7391 NET CURREHf ASSErs 73,194 73.194 33,509 TOTAL ASSEfs LESS CURRENT UABILrriES 73.194 73,194 33,509 TOTAL NEf ASSErs 73,194 73,194 33,509 FUNDS General and restrl¢ted 73,194 73,194 33,509 TOTAL FUNDS 73,194 73,194 33,509 The charrf(able company is entitled to exemption from audft under Sertion 477 of the Companies Act 2006 for the period 8nd8d 30 Jun8 2022. The members have not requlred the company to obtain an audit of its linancial statements for th8 pericxl ended 30 June 2022 in accordance with Sedton 476 of the Companies Act 2CQ6. The trustees acknowledge their responsibilities for lal ensuring that the charitable ¢ompany keeps ac(UntINj records that Conwty with Sections 386 arKI 387 of the Companies Act 2006 and (b) preparing financial slaternents which give a true and fair vlew ol the state ol affairs of the charilable company as at the end of each financial year and ol its surplus or deficil for each fvnancial year in accordan with the requirements ol Sections 394 and 395 and whith otherwise (y)mply with the raquir8m8rrts of Ihe Companies Act 2006 relating to financial stalem8nls, so far as applicable to the charitable company. P*Je S
These financial statsments have been prepared in accordance th provislons applicabl8 to charitabL9 companies subject to the small companies. regin. The financial statements were approved by the Board of TS on 1 December 22 and re sKJned on its behatf by.. Yali Sassoon - Trustee Page 6
NEOTREE NOTES TO THE FINANCIAL STATEMEPs For The Year Ended 30 June 2022 1. ACCOUNTING POUCIES Basls of preparfng the tinanclal stateff*nt$ The financial stalem8nls ol the tharitable company. which is a publlc benefit enlity under FRS 102, have been prepared in accordan with the Chaitties SORP {FRS 1021 'AOuntIng and Reporting by Charities.. Statement of Recommended Prnctice applible to charities preparing their accounts in accordanc£ with thè Financlal Reporting Standaid applicable in th8 UK and Republic of Ireland {FRS 1021 {effectiv8 1 January 20151,, Financial Rewrting Standard 102 'The Financlal Reporting Standard applicable in the UK and Republic of Ireland, and the Companles Act 2C()6. The financial statements have been prepared under the historical cost convention. Income and endowments All incoming resources arg included on the Statem8nl of Flnancial Acliwtw when the charf(y is legalty entitled to the incom8 and the amount can be qLWtified with reasonable accurdcy. Expenditure Expenditure is ac(x)unled lor on an accruals basis and has been claSsrfd under headings that aggregat8 all cost related to the (2tegory. Where costs cannot be directly attributed to particular headings, they have been allocated to a¢tivities on a basis consistent wilh the use of re80urces. Tanglble flxed assets Depr8cration is provided al the following annual rates in oler to write off each asset over its estlmated useful life. Equipment - Straighl lin& over 5 years Taxatlon The charty Is exempl from tax on Its tharftable activities. Fund accounting Unrestricted funds can be us8d in acLx)rdance with thè charltable objectives at the dlscretion of the trustees. Restricted lunds can only b8 used for particular r881rict8d purposes within the objects of the charty. Reslriclions arise when specrfEd by the donor or when furKJs are raised for particular restricted purposes. Further explanal¥)n of the nature and purpjse of each tund is included In the notes to the financial slatem8nts. 2. RAISING FUNDS 2022 2021 Support costs- consuAancy Page 7
NEOTREE NOTES TO THE FINANCIAL srATEMEfs- CONTINUED For The Year Ended 30 June 2022 3. NET INCOME I {EXPENDrruRE) Net ino)mell8xp8nditurel is stated after chargingl(crediting): 2022 2021 Depreciation (210) 4. TRUSTEES. REMUNERATION AND BENEFs No remuneration was pald to truslees in the year ended 30 June 2022 north8 year ended 30 Jun8 2021 in relalion lo duties perf0md in relation to the position as twstees. Delails of salaries paid lo trustees for work not relating to their role as a trustse are noted under reLqted paty disclosures. Trustees. expense No sundry expenses were relmbursed to trustees during the year. 5. TANGIBLE FIXED ASSETS Equl)menl COST At 1 July 2021 Disposals AI 30 June 2022 DEPRECIATION At 1 July 2021 Charge lor year AI 30 Jun8 2022 NET BOOK VALUE AI 30 June 2022 At 30 June 2021 Page 8
NEOTREE NOTES TO THE FINANCIAL STATEMEKfs- CONTINUED For Tho Yoar Ended 30 June 2022 6. CREDITORS: Amouiifs FALLING DUE WITHIN ONE YEAR 2¢Y22 2021 Accru8d expenses 4,1725 1.739 7. MOVEMENT IN FUNDS At 30.6.21 Net movement in funds At 30.6.22 Unrestrlcted funds General fund 33.509 39,685 73,194 Restricted funds Reslri¢ted funds TOTAL FUNDS 33,509 39,685 73,194 Net movement In funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted lunds General fund 80,717 141,032) 39.685 Restrlcted funds Restricted fund 1,230 (1,230) TOTAL FUNDS 81,947 142,2621 39.685 8. RELATED PARTY DISCLOSURES There were no related paty transacttons for th8 perlod ended 30 June 2022. Pe9
NEOTREE DETAILED STATEMENT OF FINANCIAL ACTivmES For Thè Yaar Ended 30 JU 2022 2022 2021 INCOME AND ENDOWMENTS FROM: Activlties for gereratlng funds Donations and le9acies Donations Grants Interest income 80,685 1,230 32 25,515 5,697 Total Incomlng resources 81,947 31,212 EXPENDrruRE ON: Support Costs Software and websemces Field and travel @xlnSeS Equipment costs Sundries Bank charges Advertising and marketing Operations Fundraising 60 1.553 217 525 110 25 93 2,481 34,896 1,560 40,668 914 Governance Costs Accounting and *a5 1.594 1.594 559 Other resources expended Plant and machinery depreciation {2101 Total expendlture 42,262 1.263 Net Income l (expendlture} 39,685 29,949 This page does not fomi part oflhg statutory linanclal statemerts Page 10