CDH International Charity No. 1189819
CDH INTERNATIONAL
TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS
Period ended 31 December 2021
CHARITY NO. 1189819
CDH International Charity No. 1189819
CONTENTS
| CONTENTS | |
|---|---|
| Administrative information | 1 |
| Report of the Directors and trustees | 2 - 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 |
CDH International Charity No. 1189819
ADMINISTRATIVE INFORMATION
| Charity Number | 1189819 |
|---|---|
| Office Address | Unit 12, Ladycross Business Park |
| Hollow Lane | |
| Dormansland | |
| Surrey | |
| RH7 6PB | |
| Directors and Trustees | Dawn Ireland |
| Badr Chaban | |
| Kristin Lee Aigner | |
| Naomi Jane Wright | |
| Administrator | Chapel and York International Limited |
CDH International Charity No. 1189819
REPORT OF THE TRUSTEES FOR THE Period ended 31 December 2021
The trustees are pleased to present their annual report together with the financial statements for the Period ended 31 December 2021. The charity was formed on 8[th] June 2020.
PUBLIC BENEFIT
The trustees confirm that they have complied with the requirements of section 17 for the Charities Act 2011 to have due regards to the public benefit guidance published by the Charity Commissions for England and Wales.
OBJECTIVES AND ACTIVITIES
The objects of the CIO are: To relieve sickness and to advance the health of persons who have suffered or who are suffering with congenital diaphragmatic hernia. To advance the education of the public in relation to the condition, including its nature, causes, diagnosis, prevention, treatment and cure by (but not limited to) facilitating, commissioning, participating in, promoting and disseminating research about the condition.
ACHIEVEMENTS
CDH International have raised £272 in donations and not made any grants during the reporting period.
FINANCIAL REVIEW
Net income for the period was £1,043
CDH International did not make any grants in the period under review.
RESERVES POLICY
The current policy of the trustees is to maintain only minimal reserves. The reserves policy will be reviewed regularly.
GOING CONCERN
The trustees have prepared the Financial Statements on the basis of a going concern.
CDH International
Charity No. 1189819
REPORT OF THE TRUSTEES FOR THE Period ended 31 December 2021 (continued)
RISK MANAGEMENT
The charity and the trustees will examine the major strategic, business and operational risks which the charity faces. Systems will be established to enable the necessary steps to be taken to lessen these risks.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is a UK CIO registered charity governed by its constitution.
The charity is organised so its trustees meet at various intervals and exercise responsibility for its governance. In the intervening periods the secretary deals with the routine business.
All trustees give their time freely and no trustee remuneration or expenses was paid in the period. In addition, no out of pocket expenses were reimbursed to the trustees and no trustee had any beneficial interest in any contract with the charity during the period.
REFERENCE AND DEMONSTRATIVE INFORMATION
The administrative information is set out on page 1 of these financial statements.
The trustees serving during the period and since the period end were as follows:
Dawn Ireland Badr Chaban Kristin Lee Aigner Naomi Jane Wright
The Board has the power to appoint additional trustees as it considers fit to do so.
CDH International Charity No. 1189819
REPORT OF THE TRUSTEES FOR THE Period ended 31 December 2021 (continued)
TRUSTEES RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The trustees are responsible for preparing a trustee’s annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom accepted Accounting Practice).
The law applicable to Charites requires the trustees to prepare financial statements for each period which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable for that period. In preparing the 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 Accounting Standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
-
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 proper accounting records that disclose with reasonable accuracy at any time the financial position and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and reports) regulations, and the provisions of the constitution. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
The report was approved by the trustees of the Charity on 27 October 2022 and signed on their behalf by:
………………………………………………………………………… Dawn Ireland Trustee
CDH International Charity No. 1189819
STATEMENT OF FINANCIAL ACTIVITIES FOR THE Period ended 31 December 2021
SUMMARY INCOME & EXPENDITURE ACCOUNT
| INCOMING RESOURCES Donations Other income TOTAL INCOMING RESOURCES EXPENDITURE Charitable activities Total FEx movement EXCESS INCOME /EXPENSES Balance bought forward Total funds carried forward 31 December 2021 |
Notes 2 3 |
Unrestricted Funds 2021 £ 272 - 272 1,008 1,008 (95) (736) 1,874 1,043 |
Unrestricted Funds 2021 £ 272 - 272 1,008 1,008 (95) (736) 1,874 1,043 |
Total Funds |
|---|---|---|---|---|
| 2021 £ 1,997 - 272 1,008 1,008 1,874 0 1,874 |
All of the charity’s activities derive from continuing operations during the above period. The notes on pages 7 and 8 form part of these financial statements.
CDH International Charity No. 1189819
BALANCE SHEET FOR THE Period ended 31 December 2021
| CURRENT ASSETS Cash at bank and in hand Debtors NET CURRENT ASSETS CREDITORS Creditors falling due within one period TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS Unrestricted funds TOTAL CHARITY FUNDS |
2021 £ 1,043 - 1,043 - 1,043 1,043 1,043 |
2020 £ 1,874 - 1,874 - 1,874 1,874 1,874 |
|---|---|---|
and are signed on its behalf by:
………………………………………………………………………… Dawn Ireland Trustee
CDH International Charity No. 1189819
NOTES TO THE FINANCIAL STATEMENTS FOR THE Period ended 31 December 2021
1. ACCOUNTING POLICIES
(a) Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Accounting and Reporting by Charities: 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 (FRS102) (effective 1 January 2019) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011.
CDH International meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
(b) Reconciliation with previous Generally Accepted Accounting Practice
In preparing the accounts the trustees have considered whether in applying the accounting policies required by FRS102 and the Charities SORP FRS102.
(c) Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
(d) Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
CDH International Charity No. 1189819
| 2. DONATIONS AND GIFT AID | 2021 | 2020 | |
|---|---|---|---|
| Total | Total | ||
| £ | £ | ||
| Donations | 272 | 1,997 | |
| TOTAL DONATIONS | 272 |
1,997 | |
| All income received in the period was unrestricted. | |||
| 3. ANALYSIS OF EXPENDITURE | 2021 | 2020 | |
| ON CHARITABLE ACTIVITIES | £ | £ | |
| Bank Charges and other costs | 1,008 | 123 | |
| TOTAL EXPENDITURE | 1,008 | 123 |
NOTES TO THE FINANCIAL STATEMENTS FOR THE Period ended 31 December 2021 (CONTINUED)
The Charity undertakes charitable activities through grant making in support of its charitable objectives. All expenditure in the period was unrestricted.
4. TAXATION
As the Charity’s aim to facilitate the advancement of education and other such purposes, it is not subject to Corporation Tax.
5. RELATED PARTY TRANSACTIONS
None of the Trustees have been paid any remuneration or received any other benefits from an employment with the Charity or related party.
The US entity CDH International has agreed that it will meet administrative and solicitor costs. During the year ending 31 December 2021 the US entity paid £2,500.
There were no further related party transactions in the reporting period.