Charity Number 1187874 ## **SAINT THERESE FOUNDATION** ## **TRUSTEES’ ANNUAL REPORT** **& ACCOUNTS** **31 MARCH 2021** ## **SAINT THERESE FOUNDATION** ## **Financial statement** ## **For the year ended 31st March 2021** |**Contents**|**Page**| |---|---| |Charity information and professional advisers|3| |Trustees’ report|4| |Accountants’ report|6| |Income statement|7| |Statement of financial position|8| |Notes to the financial statements|9| 2 ## **SAINT THERESE FOUNDATION** ## **Reference and administrative details For the year ended 31st March 2021** |Charity Number|1187874| |---|---| |Registered Address|21 Beatrice Avenue
MANCHESTER| ||M18 7JU| |Trustees|Trustees, who are also directors under company| ||law, who served during the year were as follows:| ||Frankel Feussom Weladji –_Chair of Trustees_| ||Magadaline Moyo| ||Loic Enzo Tchoupe Noubi| |Independent Examiners|BC NWAIWU & CO LTD| ||Building 1 Suit 4A Office 6| ||Wilsons Park Business Centre| ||Manchester| ||M40 8WN| |Bankers|National Westminster Bank Plc| 3 ## **SAINT THERESE FOUNDATION** ## **Report of the trustees** ## **For the year ended 31st March 2021** ## **About us** Saint Therese Foundation is a charity that promote and protect the health of the public through provision of information and raising of public understanding of the nature, causes, diagnosis, prevention, treatment and cure of all forms of cancer and in furtherance of that primary object, to promote research into such matters and to provide practical support to people affected by cancer. ## **Trustees** The following person served as trustees during the period: Frankel Feussom Weladji – Chair of Trustees Magadaline Moyo Loic Enzo Tchoupe Noubi ## **Statement of responsibilities of the trustees** The trustees are required 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 estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards 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 that 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 Statement of Recommended Practice applicable to charities in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102). 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. Each of the persons who is a trustee at the date of approval of this report confirms that: - so far as each of the trustee is aware, there is no relevant material information of which the charity’s accountants are unaware; and 4 ## **SAINT THERESE FOUNDATION** ## **Report of the trustees** ## **For the year ended 31st March 2021** - each trustee has taken all steps that they ought to have taken to make themselves aware of any relevant material information and to establish that the accountants are aware of that information. - Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. Approved by the trustees on January 17, 2022 and signed on their behalf by **Frankel Feussom Weladji** Chair of Trustees 5 ## **SAINT THERESE FOUNDATION** **Accountant’s Report** ## **For the period ended 31 March 2021** ## **Accountants' report to the board of trustees on the preparation of the unaudited statutory accounts of Saint Therese Foundation for the period ended 31 March 2021.** In order to assist you to fulfil your duties under the Charity Act 2011, we have prepared for your approval the accounts of Saint Therese Foundation for the period ended 31 March 2021 which comprise of the Statement of financial activities (incorporating income & expenditure account), the Balance Sheet and the related notes from the charity’s accounting records and from information and explanations you have given us. This report is made solely to the Trustees of Saint Therese Foundation, as a body, in accordance with the terms of our engagement dated 14[th] January 2022. Our work has been undertaken solely to prepare for your approval the accounts of Saint Therese Foundation and state those matters that we have agreed to state to the Trustees of Saint Therese Foundation, as a body, in this report to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Saint Therese Foundation and its Trustees as a body for our work or for this report. It is your duty to ensure that Saint Therese Foundation has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position of Saint Therese Foundation. You consider that Saint Therese Foundation is exempt from the statutory audit/independent examination requirement for the period. We have not been instructed to carry out an audit/independent examination or a review of the accounts of Saint Therese Foundation. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. **BC NWAIWU & CO LTD** Building 1 Suit 4A Office 6 Wilsons Park Business Centre Manchester M40 8WN ## **Date: January 17, 2022** 6 ## **SAINT THERESE FOUNDATION** ## **Income Statement** ## **For the year ended 31st March 2021** |**Income from**
Note
Donations and legacies
2
Charitable activities
3
**Total income**
Expenditure on
Charitable activities
4
Total expenditure
Net income/(expenditure) and net
movement in funds for the year
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|31 March
2021
605
5| |---|---| ||610| ||(605)| ||(605)| ||5
-| ||5| _The notes on pages 9 to 11 form part of these financial statements_ 7 ## **SAINT THERESE FOUNDATION** ## **Balance Sheet** ## **As at 31st March 2021** |Note
**Fixed assets**
Tangible assets
**Current assets**
Cash at bank and in hand
5
Debtors
6
Creditors: amounts falling due within
one year
7
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after
one year
Total assets
**Funds of the charity**
Restricted funds
8
Unrestricted funds
8
**Total charity funds**|5
300
305
300|31 March
2021
-
5| |---|---|---| |||5
-| |||5| |||-
5| |||5| These financial statements were approved by the board of trustees and authorised for issue on 17 January 2022 and signed on behalf of the board of trustees by: **Frankel Feussom Weladji** Chair of Trustees _The notes on pages 9 to 11 form part of these financial statements_ 8 **SAINT THERESE FOUNDATION** ## **Notes to the financial statements** **For the year ended 31st March 2021** ## **1 Accounting Policies** ## _**Accounting conventions**_ 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 (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006. Saint Therese Foundation 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 notes. ## _**Incoming resources**_ All incoming resources are included in the SOFA when the charity is legally entitled to the income, is reasonably certain of receipt and the amount can be measured with sufficient reliability. In accordance with the SORP, no value has been attributed to the work performed by volunteers, although their work is considered vital to the activities of the charity. ## _**Tithe, Regular offering and Donations**_ Tithe, Regular offering and Donations consist of the total tithe, regular offering and donations from members of the church and other members of the public along with income from fundraising events. ## _**Charity status**_ The charity is a charitable Incorporated Organisation (CIO). The members of the charity are represented by the trustees named on page 3. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. ## _**Resources expended**_ Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Costs of generating funds are those incurred in seeking voluntary income and do not include the costs of disseminating information in support of the charitable activities. In many cases, costs are incurred on projects before the relevant restricted income is received. Therefore, unless contrary to a donor’s wishes, interest income generated from restricted funds is treated as unrestricted, to cover the pre-financing costs incurred. 9 ## **SAINT THERESE FOUNDATION** ## **Notes to the financial statements** ## **For the year ended 31st March 2021** ## _**Gift aid**_ Gift Aid tax reclaims is recognised for any Gift Aid certificates received up to two months after the year-end, in relation to donations made prior to the yearend, where the Gift Aid tax reclaim application was filled to HMRC prior to the year-end. |2.
**Donations and legacies**
Donations
Legacies
3.
**Charitable activities**
**Grants**
Other grants
**Other income**
Amazon Europe Core
4.
**Charitable activities**
Rent and accommodation
Project expenses
Training and development
Support costs
Printing and stationery
Telephone and broadband
Computer and internet
Local travel
Advert and promotion
Staff expenses
Professional fees
Governance
Bank charges|31 March 2021
£
605
-| |---|---| ||605| ||31 March 2021
£
-| ||-| ||5| ||5| ||| ||**5**| ||31 March 2021
£
-
-
-
5
-
-
-
-
-
-
300
300
-| ||605| 10 ## **SAINT THERESE FOUNDATION** ## **Notes to the financial statements** |**For**|**the year ended 31st March 2021**|**the year ended 31st March 2021**|||| |---|---|---|---|---|---| |5.|**Cash at bank and in hand**|||31|March 2021| ||||||£| ||Bank||||5| ||Cash||||-| ||||||5| |6.|**Debtors**|||31|March 2021| ||||||£| ||Donation receivable||||300| ||||||300| |7.|**Creditors - Amount falling due**||**within one year**|31|March 2021| ||||||£| ||Trade creditors||||300| ||Other creditors||||-| ||||||300| |8.|**Total funds**|Funds|Incoming|Outgoing|31 March| ||**carried forward**|brought|resources|resources|2021| |||forward|||| ||||£|£|£| ||Restricted||||| |||-|-|-|-| ||Unrestricted|-|610|605|5| ||Total funds
|-|610|605|5| 11