Charity no. 1186900
# **The Clewer Initiative Report and Unaudited Financial Statements 5 April 2021**
## **The Clewer Initiative**
## **Reference and administrative details**
## **For the period ended 5 April 2021**
|**Charity number**|1186900|
|---|---|
|**Registered office and**|357 Desborough Avenue|
|**operational address**|High Wycombe|
||Buckinghamshire|
||HP11 2TH|
|**Trustees**|The trustees who served during the period and up to the date of this report|
||were as follows:|
||Dr Barry Lynch|
||The Right Reverend Alastair Redfern Chair|
||Carol Wotherspoon|
|**Accountants**|Godfrey Wilson Limited|
||Chartered accountants and statutory auditors|
||5th Floor Mariner House|
||62 Prince Street|
||Bristol|
||BS1 4QD|
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## **The Clewer Initiative**
## **Report of the trustees**
## **For the period ended 5 April 2021**
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Trust Deed and the Statement of Recommended Practice - Accounting and Reporting by Charities (effective from January 2019).
The charity was registered on 12 December 2019 as a charitable incorporated organisation (CIO). In ther period from 12 December 2019 to the charity's financial year end on 5 April 2021, the charity remained dormant.
The charity's objects are:
"To relieve the needs of people in the United Kingdom and worldwide who are at risk of, or who have been subject to, modern slavery and/or human trafficking, primarily (but not exclusively) by: (a) raising awareness of all aspects of modern slavery, (b) providing and/or facilitating support to those who have suffered from modern slavery, (c) developing strategies to detect modern slavery; and to advance the education of the public on all aspects of modern slavery, including (but not limited to) how to identify victims and those at risk, how to report instance of modern slavery and how to support those who have been subject to modern slavery."
The charity intends to commence operations in the 21/22 financial year.
## **Statement of responsibilities of the trustees**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and accounting estimates that are reasonable and prudent;
- ▪ state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
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## **The Clewer Initiative**
## **Report of the trustees**
**For the period ended 5 April 2021**
The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.
## **Accountants**
Godfrey Wilson Limited were appointed as accountants to the charity during the period and have expressed their willingness to continue in that capacity.
Approved by the trustees on 24 March 2022 and signed on their behalf by
The Right Reverend Alastair Redfern (chair)
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## **The Clewer Initiative**
## **Statement of financial activities**
## **For the period ended 5 April 2021**
|**Income from:**
Donations
Charitable activities
**Total income**
**Expenditure on:**
Raising funds
Charitable activities
**Total expenditure**
**Net income / (expenditure)**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|Restricted
£
-
-
-
-
-
-
-
-
-
-|Unrestricted
£
-
-
-
-
-
-
-
-
-
-|**12 December**
**2019 to 5**
**April 2021**
**Total**
**£**
**-**
**-**|
|---|---|---|---|
||||**-**|
||||**-**
**-**|
||||**-**|
||||**-**|
||||**-**
**-**|
||||**-**|
The charity was dormant throughout the period from incorporation to 5 April 2021.
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## **The Clewer Initiative**
## **Balance sheet**
## **As at 5 April 2021**
|**£**
**Fixed assets**
Tangible assets
**Current assets**
Debtors
**-**
Cash at bank and in hand
**-**
**-**
**Liabilities**
Creditors: amounts falling due within 1 year
**-**
**Net current assets**
**Net assets**
**Funds**
Restricted funds
Unrestricted funds
General funds
**Total charity funds**
Approved by the trustees on 24 March 2022 and signed on their behalf by|**2021**
**£**
**-**
**-**|
|---|---|
||**-**|
||**-**
**-**|
||**-**|
|||
The Right Reverend Alastair Redfern (chair)
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## **The Clewer Initiative**
## **Notes to the financial statements**
## **For the period ended 5 April 2021**
## **1. Accounting policies**
## **a) Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Clewer Initiative meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
## **b) Going concern basis of accounting**
The accounts have been prepared on the assumption that the charity is able to continue as a going concern. Whilst the charity has been dormant since inception, it intends to commence operations in 21/22 and has already secured funding.
## **c) Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
## **d) Funds accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
## **e) Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
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