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2021-05-01-accounts

Trustees’ Annual Report for the period

From October 2020 Period start date To December 2021 Period end date

Charity name: Laawol Kisal

Charity registration number: 1189139

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 We are working towards reducing the severely
high maternal and child mortality rate in Guinea
by establishing a Health Centre in Conakry and
clinics across the country. We have also
established a safe space here in England an
online where girls and women affected by
gender-based violence and harmful traditional
can discuss freely issues relating to their sexual
reproductive health and well-being.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 Since
the
approval
of
our
registration
application, we have been working towards
establishing the safe-space online and physically
where survivors of gender-based violence and
harmful traditional practice can meet and discuss
issues affecting them freely. We have identified
suitable space and are working with the
landlords to secure the space. With regards to
the online platform, we have also identified an
online platform developer who is currently
developing the platform.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The trustees confirm that they have had regard
to the guidance issued by the Charity
Commission on public benefit and they are
committed to adhere to its contents and spirit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 N/A
Policy on social investment
including program related
investment		 Para 1.38 N/A
Contribution made by
volunteers		 Para 1.38 The charity depends wholly on its members who
are also its volunteers to raise funds and to
deliver projects geared towards fulfilling the
charity’s objectives. All the income for this
reporting year was provided by volunteers
through their monthly contributions.
Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 As this is the first year since the charity was
established, the main focus has been on
preparation and putting all the resources
necessary for its achievement and performance
together before embarking on its quest to make
impact on its beneficiary community.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41 N/A
Performance of fundraising
activities against objectives
set		 Para 1.41 No
objectives
were
set
for
this
year’s
performance in fundraising activities. However,
the charity was able to receive £31,774.20 from
its
monthly
membership
contributions
to
furthering the objectives of the charity.
Investment performance
against objectives		 Para 1.41 N/A
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 Given that the charity received an income of
£31,774.20 and spent £13,612 indicates that the
charity’s financial position is healthy, and the
future looks very good for the charity.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 As the amount of income is still in the lower level,
the charity does not have any reserves.
However, it is working on developing its reserve
policy and other policies necessary to effectively
manage the charity.
Amount of reserves held Para 1.22 N/A
Reasons for holding zero
reserves		 Para 1.22 N/A
Details of fund materially in
deficit		 Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 The Trustees are aware of no uncertainties
about the charity continuing as a going concern.
As far as the Trustees are concerned the charity
is in a very healthy position to continue as a
going concern.

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 The charity’s main funders are its members.
Every month, each member of the charity pay
any amount that they can afford to contribute
towards the charity reaching its goals. This year
planned have been made to organise bigger
fundraising events to would increase the
charity’s
funding
stream
and
boost
the
contributions received from its members.
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 The charity does not intend to invest in the short
or medium term. Therefore, there is currently no
investment policy.
A description of the principal
risks facing the charity		 Para 1.46 The Trustees consider that the charity is open to
financial and reputational risks as they we are
planning to organise fundraising activities both
physically and online. We have heard from other
charities about the financial risks associated with
online fundraising and we are working to develop
a robust fundraising strategy and policy. The
fundraising policy will address the risk factors
and put in place mitigating measures to either
minimise or eliminate such risks.
Other

Structure, Governance and Management

Description of charity’s
trusts:		 Laawol Kisal is an association model charitable
incorporated organisation governed by a Board
of Trustees whose duties and obligations include
to further the objectives of the charity while at
the same time ensure that all the regulatory
requirements are adhered to.
Type of governing document
(trust deed, royal charter)
Para 1.25		 Association Model Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 The charity is constituted as a Charitable
Incorporated Organisation.
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 All Trustees are elected at Annual General
Meetings and re-elected every two years. no
trustee is allowed to be a trustee for more than
nine years. trustees are elected from the general
membership of the charity and based on their
skills, knowledge, and experience. At the
election, each member of the charity shall cast a
vote by a secret ballot based on first past the
post.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51 The trustees confirm that most of the policies
and procedures necessary to run the charity are
in place.
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 Below the Board of Trustees is the Executive
Director who is responsible for the day-to-day
running of the charity. She is supported by a
Project
Manager,
Administrative
Officer,
Community
Engagement
Manager,
and
Fundraising Manager. The charity works mainly
with the MRU Community in the UK. This
Community is defined as descendants from
Sierra Leone, Guinea, Liberia, and Ivory Coast
living in the UK.
Relationship with any
related parties		 Para 1.51 The Trustees ensures that guidance on conflict
of interests are adhered to strictly and require all
members to declare their relationships and/or
affiliations with individuals, organisations, and
businesses that the charity works with.
Other

Reference and Administrative details

Charity name Laawol Kisal
Other name the charity uses N/A
Registered charity number 1189139
Charity’s principal address Flat 8
Hill House
Oakfield Close
SMETHWICK
B66 3JU

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for
whole year		 Name of person (or body) entitled
to appoint trustee (if any)
Fatoumata Gnippy Diallo Chair 20/04/2020 Board of Trustees
Salimatou Diallo Secretary 20/04/2020 Board of Trustees
Fatoumata Binta Bah Trustee 20/04/2020 Board of Trustees
Aminata Barry Treasurer 20/04/2020 Board of Trustees

– Corporate trustees names of the directors at the date the report was approved

Director name Fatoumata Gnippy Diallo

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
N/A

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

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
Legal CAD-HR 2 Danesfield, 220 Albany Road, London, SE5 0AW
Organisational
Support		 CAD-HR 2 Danesfield, 220 Albany Road, London, SE5 0AW

Name of chief executive or names of senior staff members (Optional information)

N/A

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A

Other optional information

N/A

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Fatoumata Gnippy Diallo Position (eg Secretary, Chair Chair, etc) Date 28/03/2022

LAAWOL KISAL FINANCIAL REPORT INCLUDING INDEPENDENT EXAMINER’S REPORT

Statement of financial activities

Unrestricted
funds
£		 Unrestricted
funds
£		 Restricted funds
£		 Total funds
2021
£		 Unrestricted
funds
£		 Restricted
funds
£		 Total funds
2020
£
INCOMING RESOURCES
Incoming resources from generated funds:
Donations 31,774.20 - 31,774.20 - - -
Charitable activities
- - - - - -
TOTAL INCOMING RESOURCES 31,774.20 - 31,774.20 - - -
RESOURCES EXPENDED
Raising funds 8,600 - 8,600 - - -
Charitable activities
Stationery 2,736 - 2,736 - - -
Facilities Rent 2,276 - 2,276 - - -
TOTAL RESOURCES EXPENDED 13,612 - 13,612 - - -
Net Income/(expenditure) 8,600 - 8,600 - - -
Transfer between funds - - - - - -
Net movement in funds - - - - - -
Reconciliation of funds
Total funds brought forward - - - - - -
Total funds carried forward - - - - - -

Balance sheet

2021
£		 2020
£
FIXED ASSETS
Tangible assets - -
Intangible assets - -
- -
CURRENT ASSETS
Debtors - -
Cash at bank and in hand 18,162.20 -
Deposit accounts - -
18,162.20 -
LIABILITIES
Creditors: amounts falling due within one year - -
TOTAL NET CURRENT ASSETS OR LIABILITIES 18,162.20 -
TOTAL NET ASSETS OR LIABILITIES 18,162.20 -
THE FUNDS OF THE CHARITY
Unrestricted Funds
Designated funds - -
General funds 18,162.20 -
TOTAL FUNDS 18,162.20 -

The financial statements are prepared in accordance with applicable law. Approved by the Board on 30 December and signed on its behalf by:

Fatoumata Gnippy Diallo

Chair of Trustees

Statement of cash flows

2021
£		 2020
£
Cash flow from operating activities
Net cash provided by (used in) operating activities 13,612 -
Cash flow from investing activities
Dividends, interest and rents from investments - -
Purchase of property, plant and equipment - -
Deposit account greater than 3 months - -
Net cash provided by (used in) investing activities 13,612 -
Cash flow from financing activities
Repayments of borrowing - -
Cash inflows from new borrowing - -
Receipt of endowment - -
Net cash provided by (used in) financing activities - -
Change in cash and cash equivalent in the reporting period - -
Cash and cash equivalent at the beginning of the reporting period - -
Change in cash and cash equivalent due to exchange rate movements - -
Cash and cash equivalent at the end of the reporting period 18,162.20 -
A. Reconciliation of net income/(expenditure) to net cash flow from operating activities
Net Income/(expenditure) for the reporting period (as per the statement of financial activities) 31,774.20 -
Adjustments for:
Depreciation charges - -
Dividends, interest and rent from investments - -
(increase)/decrease in debtors - -
Increase/(decrease) in creditors - -
Net cash provided by (used in) operating activities - -
B. Analysis of cash equivalents
Cash at bank and in hand 18,162.20 -
Total cash and cash equivalents 18,162.20 -

Notes to the financial statements

ACCOUNTING POLICIES

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the period.

Legal Status

Laawol Kisal is charitable incorporated organisation (CIO), charity registration number 1189139 registered in England and Wales, and accordingly does not have a share capital. Its registered address is Flat 8 Hill House, Oakfield Close, Smethwick, B66 3JU.

Basis of preparation

The financial statements are prepared in with Accounting and Reporting by Charities: Statements of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2016).

Laawol Kisal 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.

Preparation of the accounts on a going concern basis

After making enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue its activities for the foreseeable future. Awards are given on the basis of secured income. The Trustees are not aware of any material uncertainties about the charity’s ability to continue, and accordingly, they continue to adopt the going concern basis in preparing the financial statements as outlined in the Statement of Trustees’ Responsibilities.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the charity’s accounting policies, which are described in this note, Trustees are required to make judgement, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimates is revised if the revision affects only that period, or in the period of the revision and future periods.

In the view of the Trustees, no assumptions concerning the future or estimation uncertainty affecting assets and liabilities at the balance sheet date are likely to result in a material adjustment to their carrying amounts in the next financial year.

In the view of the Trustees the only significant estimations are those linked to the allocation of support costs across our charitable and non-charitable activities. Allocations of this nature

inherently require estimation of time spent on certain activities and other resources use judgements.

Volunteers

Volunteers support the work of Laawol Kisal in three ways:

Contributing professional services

Members of Laawol Kisal volunteer to organise fundraising activities free of charge and provide facilities for meetings and other events to the charity.

Volunteer Support Officer

Volunteer Support Officers, both short-term and long-term, have worked with the community in England to provide assistance in the implementation of our projects. Volunteer Support Officers have direct interaction with all our community development projects, and the role is one that provides invaluable experience of being on the front line. Volunteers are supported and trained in their roles by employees and given assistance where required.

Raising Awareness

Volunteers across England help spread the message both online and offline about Laawol Kisal, so more people know what the organisation does and why it exists. This may involve sharing social media posts, distributing flyers at events, or facilitating workshops, seminars, and conferences locally.

Due to the difficulty in valuing the total contribution of volunteer time and skills, the value of services provided by volunteers has not been included in the financial statements.

Income

All income resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Voluntary income is received by way grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.

Investment income on funds held on deposit in included when receivable and the amount can be measured reliably; this is normally upon notification of the investment income paid or payable by the bank.

Expenditure

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It comprises costs that can be allocated directly to such activities. Costs of raising funds comprises the costs associated with attracting voluntary income.

Support costs and governance costs

Support costs are those costs incurred directly in support of expenditure on the objects of the charity. Governance costs are a component of support costs, and include audit fees, professional fees, license fees and compliance costs, and related staff costs. Support costs are allocated on the basis of the amount of direct time attributable to each area.

Redundancy accounting policy

Redundancy cost arising from periodic reviews of staff levels are charged as an expense in the year in which employees leave the organisation.

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Where unrestricted funds have been designated, the likely timing of the expenditure is before the start of the implementation of the project or purpose for which the fund is designated.

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.

Financial instruments

The charity has assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value (including transaction costs) and are subsequently re-measured where applicable at amortised cost.

Cash at bank and in hand and on deposit

Cash at bank and cash in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Cash held on deposit includes short-term investments with a maturity of greater than three months.

Tangible and intangible fixed assets and depreciation

Fixed assets are stated at cost less accumulated depreciation/amortisation. Depreciation/amortisation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Leasehold improvements – Straight line over 5 years Fixture, fittings, and equipment – Straight line over 3 years Intangible assets – Straight line over 3 years

All items of expenditure greater than £750 are capitalised if they meet the definition of a fixed asset as stated within FRS 102.

Operating leases

The charity classifies the lease of office equipment and the office space as operating leases. Rental charges are charged on a straight-line basis over the term of the lease.

VOLUNTARY INCOME

Unrestricted funds
£		 Unrestricted funds
£		 Restricted
funds
£		 2021
Total funds
£		 Unrestricted
funds
£		 Restricted
funds
£		 2020
Total funds
£
Member’s contributions 31,774.20 - 31,774.20 - - -
Donations from friends and family - - - - -
Donations from the general public - - - - -
Income from services - - - - - -
Gift Aid - - - - - -
Grant income - - - - -
31,774.20 - 31,774.20 - - -

INVESTMENT INCOME

Total funds 2021 Total funds 2021 Total funds 2020 Total funds 2020
Income on deposits - -
Total - -
NET INCOME RESOURCES
2021
£		 2020
£
Net incoming resources for the period is stated after charging
Depreciation and other amounts written off fixed assets - -
Operating lease charges - -
Consultant’s remuneration (including VAT)
Consultant’s fees - -
Non-consulting fees - -
-

ANALYSIS OF EMPLOYEE COSTS, TRUSTEE REMUNERATION AND EXPENSES AND THE COST OF KEY MANAGEMENT PERSONNEL

2021
£		 2020
£
Employee costs
Wages and salaries - -
Social security costs (employers NI) - -
Employer pension contribution - -
- -

No employee has benefits in excess of £60,000 .

The charity Trustees were not paid and did not receive any other benefits from employment with the charity in this reporting period. Further, no Trustee was reimbursed for travel expenses. No charity Trustee received payment for professional services or other services supplied to the charity.

Employee numbers:

The average number of persons employed by Laawol Kisal whether on a full-time or part-time basis during the period was as follows:

2021
£		 2020
£
Average number of employees - -
Average employee numbers by department
Marketing - -
Operations - -

TAXATION

Laawol Kisal is a registered charity and, as such, is exempt from taxation on its income to the extent it is applied to its charitable purposes.

INTANGIBLE AND TANGIBLE FIXED ASSETS

INTANGIBLE
£		 TANGIBLE
Buildings
£		 TANGIBLE
Fixtures, fittings, and equipment
£		 Total
£
Cost
On 1 January 2021 - - - -
Addition in year - - - -
Disposals in year - - - -
On 31 December 2021
Depreciation		 - - - -
On 1 January 2021 - - - -
Change for the year - - - -
Eliminated on disposal - - -
On 31 December 2021 - - -
Net book value
On 31 December 2021		 - - -
On 31 December 2020 - - - -

The intangible additions are capital expenditure to enable Laawol Kisal to embark on a digital transformation. This is to improve the experience for donors, beneficiaries, and service users.

DEBTORS

2021
£		 2021
£		 2020
£
Trade debtors - -
Accrued income - -
Prepayments - -
Other debtors - -
- -

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021
£		 2020
£
Total creditors - -
Taxation and social security - -
Accruals and deferred income - -
Other creditors - -
- -

Some grants are approved in principle for periods which extend past the year-end date. Subsequent period grants represent planned future commitments but are not recognised as a liability when they are approved, as payment is conditional upon satisfactory progress.

ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted
Funds
£		 Restricted funds
£		 Total funds
2021
£		 Total funds
2020
£
Fund balance on 31 December 2021 as represented by:
Tangible and intangible fixed assets - - - -
Net current assets - - - -
- - - -

OPERATING LEASE COMMITMENTS

The charity’s total future minimum lease payments under non-cancellable operating leases are as follows for each of the following periods:

Property Property Office Equipment
Total
Total
2021
£		 2020
£		 2021
£		 2020
£		 2021
£		 2020
£
Due within one year - - - - - -
Due between two to five years - - - - - -
Due in over five years - - - - - -
- - - - - -

INDEPENDENT AUDITOR’S REPORT

Opinion

We have audited the financial statements of Laawol Kisal for the year ended 31 December 2021 which comprise statement of financial activities, balance sheet and statement of cash flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and UK 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).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK) and applicable law. Our responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

We have nothing to report in respect of the following matter in relation to which the ISAs (UK) require us to report to you where:

Other information

The Trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatement of the other information, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustee’s Annual Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and the Charities Accounts Regulation 2006 (as amended) require us to report to you, if in our opinion:

Responsibilities of Board Members

As explained more fully in the statement of Board Member’s responsibilities set out in the Trustee’s Annual Report, the Board Members (who are also directors of Laawol Kisal for the purposes of company law and the charity trustees as defined by section 177 of the Charities Act) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Board Members determine is necessary to enable the preparation of financial statements that are free from material misstatements, whether due to fraud or error.

In preparing the financial statements, the Board Members are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting, unless the Board Members either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 44(1)(c) of the Charities Act 2011 and under the Companies Act 2006 and report in accordance with regulations made under those Acts.

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the charity’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and section 44(1)(c) of the Charities Act 2011 (as amended). Our audit work has been undertaken so that we might state to the charity’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept

or assume responsibility to anyone other than the charity and the charity’s members as a body, for our audit work, for this report or for the opinions we have formed.

Askia Warne 20 February 2022 For an on behalf of MRU Corporation 414 Vox Studios, 1-45 Durham Street, London SE11 5JH

INDEPENDENT AUDITOR’S REPORT

Opinion

We have audited the financial statements of Laawol Kisal for the year ended 31 December 2021 which comprise statement of financial activities, balance sheet and statement of cash flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and UK 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).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK) and applicable law. Our responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

We have nothing to report in respect of the following matter in relation to which the ISAs (UK) require us to report to you where:

Other information

The Trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatement of the other information, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustee’s Annual Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and the Charities Accounts Regulation 2006 (as amended) require us to report to you, if in our opinion:

Responsibilities of Board Members

As explained more fully in the statement of Board Member’s responsibilities set out in the Trustee’s Annual Report, the Board Members (who are also directors of Laawol Kisal for the purposes of company law and the charity trustees as defined by section 177 of the Charities Act) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Board Members determine is necessary to enable the preparation of financial statements that are free from material misstatements, whether due to fraud or error.

In preparing the financial statements, the Board Members are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting, unless the Board Members either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 44(1)(c) of the Charities Act 2011 and under the Companies Act 2006 and report in accordance with regulations made under those Acts.

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the charity’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and section 44(1)(c) of the Charities Act 2011 (as amended). Our audit work has been undertaken so that we might state to the charity’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept

or assume responsibility to anyone other than the charity and the charity’s members as a body, for our audit work, for this report or for the opinions we have formed.

Askia Warne 20 February 2022 For an on behalf of MRU Corporation 414 Vox Studios, 1-45 Durham Street, London SE11 5JH