## GIVE2HELP
Charity N0: 1189884
Trustees's Report and Financial Statements
for the period ended 5 April 2024
## GIVE2HELP
## **Company Information**
Trustees Elizabeth Ogunleye BASIRAT JIMOH Wuraola Obadahun Charity Number 1189884
Registered Office
94 Richards Street HATFIELD Herts AL10 9GP
## GIVE2HELP
|**Contents**|**Page**|
|---|---|
|Index|1|
|Trustee's report|2|
|Profit and Loss Account|3|
|Balance Sheet|4|
|Notes to the Account|5|
|Detailed Profit and Loss Account|6|
1
## GIVE2HELP
Trustee's report
for the period ended 5 April 2024
The Trustees present their report and the financial statements for the period ended 5 April 2024
## **Principal Activity**
The principal activity of the Charity is that of The Advancement Of Health Or Saving Of Lives
## **Trustee's responsibilities**
Charity law requires the Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the Charity and of the profit and loss of Charity for the year. In preparing these, the Trustees are required to:
-select suitable accounting policies and apply them consistently;
-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 which disclose with reasonable accuracy at any time the financial position of the Charity and to enable that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the prevention, and detection of fraud and other irregularities.
This report is prepared in accordance with the provisions of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2016)
This report was approved by the Board on ...........................................and signed on its behalf by:
Secretary
2
## GIVE2HELP
Statement of Income and Expenditure for the period ended 5 April 2024
|**Notes**
Turnover
2
Cost of Sales
Administrative Expenses
Operating Surplus/(Deficit)
3
Operating Surplus
Net Surplus/(Deficit) for the year
Retained earnings / (Deficit) c/f|**2024**
935|
|---|---|
||(708)|
|||
||(1,336)|
||-1,109
-1,109|
||(1,109)|
||(1,109)|
There are no recognised gains or Deficites other than the Surplus or Deficit for the above financial period.
3
**2024**
## GIVE2HELP
## Statement of Financial Position
as at 5 April 2024
## Notes
**Fixed Assets** Tangible assets
|**Current Assets**
Cash at Bank and in Hand
135
Director's Loan Account
**Creditors: Amount falling due within**
One year.
4
(1,244)
Net Current Assets
Total Assets Less Current Liabilities
**Net Assets**
**Capital and Reserves**
Surplus and Deficit account
**Charity's Funds**|**Current Assets**
Cash at Bank and in Hand
135
Director's Loan Account
**Creditors: Amount falling due within**
One year.
4
(1,244)
Net Current Assets
Total Assets Less Current Liabilities
**Net Assets**
**Capital and Reserves**
Surplus and Deficit account
**Charity's Funds**|0|
|---|---|---|
||||
|||(1,109)|
||||
|||(1,109)|
||||
|||(1,109)|
||||
|||(1,109)|
|||(1,109)|
The director's statements are shown on the following page which forms part of this Balance Sheet
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Mr Charles Nwora…………………………………………
Director
Approved by the board on………………………………………………………..
4
## GIVE2HELP
Notes to the accounts for the period ended 5 April 2024
1. Accounting Policies
- 1.1 Accounting Convention
The financial statements are prepared under the historical cost convention
- The company has taken advantage of the exemption in FRS1 from the requirement to produce a cash flow statement because it is a small company.
## 1.2 Income
Income represent the total invoice value, excluding value added tax, of sales made during the year.
- 1.3 Tangible Fixed Assets and Depreciation
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life as follows: Motor Vehicle - 25% on reducing balance Office Equipment - 20% on reducing balance
The financial statements have been prepared on a basis that the company is a going concern
## 2. Income
The total Income of the company for the year has been from its principal activity wholly undertaken in the UK.
**----- Start of picture text -----**
3. Operating Surplus 2024
£
Operating Surplus is stated after charging
Depreciation of Tangible Assets. NIL
4. Creditors: Amount due within one Year:
Accountancy 100
Trustees 1144
1244
**----- End of picture text -----**
5
## GIVE2HELP
Detailed trading and profit and loss account and expenses schedule for the period ended 5 April 2024
|**Notes**
**Donations & Sales**
Charity Activities
Administrative Expenses
Premises Costs
771
Travelling & Subsistence
25
Accountancy & Bookkeeping
100
Professional Costs
250
Office and General costs
130
Telephone & Internet
60
**Operating Profit**|**2024**
**935**|
|---|---|
||(708)|
||
|
||(1,336)|
|||
|||
||(1,109)|
6