## **The Luca Foundation**
## Financial Statements
Year ended 01 November 2021
||Page|
|---|---|
|Trustees' annual report (incorporating the directors’ report)|1-3|
|Independent examiner’s report to the trustees|4|
|Statement of financial activities (including income and expenditure
account)|5|
|Statement of financial position|6|
|Statement of cash flows|7|
|Notes to the financial statements|8-9|
## **The Luca Foundation**
## **Trustees' Annual Report (Incorporating the Directors’ Report)**
## **Year ended 01 November 2021**
The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 01 November 2021.
## **Reference and administrative details**
**Registered charity name** The Luca Foundation **Charity registration number** 1187204 **Company registration number** CE020194 **Principal office and registered office** Berkeley House, **The trustees** 6, The Square, Kenilworth Warwickshire, CV8 1EB **Independent examiner** Diagnostax Ltd
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## **The Luca Foundation**
## **Trustees' Annual Report (Incorporating the Directors’ Report)** _(continued)_
## **Year ended 01 November 2021**
## **Structure, governance and management**
The Luca Foundation is a a registered charity (number 1187204) governed by its Memorandum and Articles of Association.
## **Type of governing document**
Constitution written to become a registered charity.
## **How is the charity constituted?**
CIO in accordance to the constitution written.
## **Trustee selection methods including details of any constitutional provisions**
The trustees are as originally selected when the constitution was written, we have not added new trustees since. However we are in the process of deciding.
**Names of the charity trustees who manage the charity**
|**Sr.No**|**Trustee name**|**Date of**
**Appointment**|**Dates acted if**
**not for whole**
**year**|**Name of person**
**(or body)**
**entitled to**
**appoint trustee**
**(if any)**|
|---|---|---|---|---|
|1|Sharon Luca-Chatha|18 September
2019|Is Founder and
Trustee|Founder|
|2|Joanne Louise Claassen|18 September
2019|From beginning|Founder|
|3|Michelle Leivars|23 October 2021||Trustee|
## **Funds held as custodian trustees on behalf of others.**
|Description of the assets held in this capacity|N/A|
|---|---|
|Name and objects of the charity on whose
behalf the assets are held and how this falls
within the custodian charity’s objects|N/A|
|Details of arrangements for safe custody and
segregation of such assets from the charity’s
own assets|N/A|
## **Charitable objects and activities**
The objects of the CIO are to preserve and protect the health of parents and families who have suffered a stillbirth or neonatal death in particular but not exclusively by the provision of 'cold cuddle cots' and such other support as the trustees may from time to time determine.
Nothing in this constitution shall authorise an application of the property of the CIO for the purposes which are not charitable in accordance with section 7 of the Charities and Trustee Investment (Scotland) Act 2005 and section 2 of the Charities Act (Northern Ireland) 2008.
We have held the over the year of 2021, a charity golf day organised by trustees, Sharon & Jaspal. Sharon has written a children’s to help explain bereavement to the whilst protect their mental health. Trustee Karen Heap as held 3 charity bingo online events during the pandemic.
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## **The Luca Foundation**
All trustees have seen and agreed with the guidance set out by the charities commission. Sharon the founder and trustee as on occasions called the charities commission to confirm guidance in some cases.
Grants and sponsorship was acquired for the project of the children’s book to go ahead and is outlined in the bank statements.
## **Strategic report**
The following sections for achievements and performance and financial review form the strategic report of the charity
## **Achievements and performance**
Whilst we have taken on the above mentioned fundraising events, we have been able to support some local maternity units and a baby hospice for repairs to the existing Cuddle cots, by replacing broken elements for the cot to function for it’s purpose to preserve a babies body whilst the parents say their goodbyes.
These repairs are carried out by the manufacturer Flex Mort.
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**The Luca Foundation**
## **Trustees' Annual Report (Incorporating the Director's Report)** _(continued)_
## **Year ended 01 November 2021**
## **Financial review**
Given the difficulties over the pandemic and the lack of events, the charity is in a stable position and we shall begin to bring on more trustees to help now that there are more possibilities for events plan.
We are certain of our future as we will continue asking for funding from county councils to donate the book to primary schools in their area. By doing this the charity can continue with the aim of ensuring working cuddle cots are available in all areas of baby loss, maternity units, hospices and in remote areas for funeral directors
## **Plans for future periods**
We are certain of our future as we will continue asking for funding from county councils to donate the book to primary schools in their area. By doing this the charity can continue with the aim of ensuring working cuddle cots are available in all areas of baby loss, maternity units, hospices and in remote areas for funeral directors
## **Trustees' responsibilities statement**
The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently.
- observe the methods and principles in the applicable Charities SORP.
- make judgments and accounting estimates that are reasonable and prudent.
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They 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.
Name of Trustee - Sharon Luca-Chatha
Date
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## **The Luca Foundation**
## **Statement of Financial Activities**
## **(including income and expenditure account)**
## **01 November 2021**
||**2021**|**2021**|**2021**|**2021**|**2020**|**2020**|**2020**|**2020**|
|---|---|---|---|---|---|---|---|---|
||Unrestricte
d Funds|Restricted
Funds||**Total**
**Funds**|Unrestricted
Funds|Restricted
Funds||**Total**
**Funds**|
||£|£||£|£|£||£|
||**Income**||||||||
|Donations|4,422.35|||4,422.35|3,206|||3,206|
|Sponsorship –
Children’s
book|15.76|||15.76|3,450|||3,450|
|Sponsorship –
Golf Day|1,000|||1,000|775|||775|
|Ticket sales –
Golf Day|2,110|||2,110|1,410|||1,410|
|Miscellaneous|33.50|||33.50|||||
|**Total income**|**7,581.61**|||**7,581.61**|**8,841**|||**8,841**|
||**Expenditure**||||||||
|Donation
account set up
free|||||180|||180|
|Repair of
cuddle cot|288|||288|132|||132|
|Golfday
expenses|1,654.98|||1,654.98|1,310|||1,310|
|Advertising|||||40|||40|
|Children’s
book
publishing
costs|||||3,662|||3,662|
|**Total**
**expenditure**|**1,942.98**|||**1,942.98**|**5,324**|||**5,324**|
||||||||||
|**Net income**|**5,638.63**|||**5,638.63**|**3,517**|||**3,517**|
|Transfers
between funds|||||||||
|**Net**
**movement in**
**funds**|||||||||
||||||||||
|Total funds
brought
forward|3,517|||3,517|||||
|**Total funds**
**carried**
**forward**|**9,155.63**|||**9,155.63**|**3,517**|||**3,517**|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
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## **The Luca Foundation**
## **Statement of Financial Position 01 November 2021**
|||||**2021**||**2020**|
|---|---|---|---|---|---|---|
||**Note**|||**£**||**£**|
|**Current assets**|||||||
|Cash at bank and in hand|5|||9,155.86||3,517|
||||||||
|**Net assets**||||**9,155.86**||**3,517**|
||||||||
|**Funds of the charity**|||||||
|Endowment funds|||||||
|Restricted funds|||||||
|Unrestricted funds||||7,581.61||8,841|
||||||||
|**Total charity funds**||||**7,581.61**||**8,841**|
For the financial year ended 01 November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
These financial statements were approved by the board of trustees and authorised for issue on __2021 and are signed on behalf of the board by:
Name of trustee - Sharon Luca-Chatha
Date
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## **The Luca Foundation**
## **The notes on pages 5 to 6 form part of these financial statements Statement of Cash Flows**
## **Year ended 01 November 2021**
||**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|**Cash flows from operating**|||
|Net income|5,638.63|3,517|
||||
|Cash generated from operations|5,638.63|3,517|
||||
|Net cash from operating activities|5,638.63|3,517|
||||
||||
|**Net increase in cash and cash**
**equivalents**|**5,638.63**|**3,517**|
|**Cash and cash equivalents at**
**beginning ofyear**|**3,517**||
|**Cash and cash equivalents at end**
**ofyear**|**9,155.86**|**3,517**|
## **The notes on pages 5 to 6 form part of these financial statements.**
## **Notes to the Financial Statements Year ended 01 November 2021**
## **1. General information**
This charity has been recently registered on 06 January 2020 (Number 1187204). The address of the registered office Berkeley House, 6 The Square, Kenilworth Warwickshire CV8 1EB .
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the Accrual basis.
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## **The Luca Foundation**
The financial statements are prepared in sterling, which is the functional currency of the entity and rounded to the nearest £.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Fund accounting**
Funds held by the charity are:
Unrestricted funds - these are funds which can be used in accordance with the charitable objects at the discretion of the Trustees, of which some are designated for specific purposes, but not irrevocably.
## **4.** Trustee remuneration, expenses and related party transactions
None of the trustees have been paid any remuneration or received any other benefits from employment with the charity or a related entity, in both the current and preceding periods.
## **5. Cash at bank and in hand**
||**2021**||**2020**|
|---|---|---|---|
||£||£|
|Cash in Bank|9,155.86||3,517|
|||||
||**9,155.86**||**3,517**|
## **6. Analysis of charitable funds**
|**Unrestricted Funds**||||||
|---|---|---|---|---|---|
||**At 2 Nov**
**2020**|**Income**|**Expenditure**|**Transfers**|**At 01**
**Nov**
**2021**|
||£|£|£|£|£|
|Donation|3,517|5,638.63|||9,155.63|
|||||||
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