2021-06-30-accounts - Family Unit Trust

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Registered Charity Number 1190524

FAMILY UNIT TRUST

TRUSTEES REPORT AND ACCOUNTS

30 June 2021

FAMILY UNIT TRUST Financial statement Year ended 30 June 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

FAMILY UNIT TRUST Charity Information Year ended 30 June 2021

Registered charity name	FAMILY UNIT TRUST
Charity number	1190524
Registered office	21 Hopwood Street Manchester
	M40 2FA
Trustees	Margaret Faith Edet_(Chair)_
	Adaobi Yvonne Omobogie
	Ayomide Success Oduola
Accountants	BC NWAIWU & CO LTD
	Building 1 Suit 4A Office 6
	Wilsons Park Business Centre
	Manchester
	M40 8WN
Bankers	Unity Trust Bank plc

FAMILY UNIT TRUST Trustees’ Report Year ended 30 June 2021

About Us

Family Unit Trust provides a range of cancer support services for members of the public, in particular but not exclusively amongst members of BAME communities.

Trustees

The following person served as trustees during the period:

Margaret Faith Edet (Chair)
Adaobi Yvonne Omobogie
Ayomide Success Oduola

Our Objects

The objects of the CIO are;

The relief of sickness and the preservation and protection of good health for the public benefit, in particular but not exclusively amongst members of the BAME community, by:

a) undertaking activities and events to provide information and raise awareness of the nature, causes, diagnosis, prevention and treatment of all forms of cancer with the aim of promoting early diagnosis and cure;
b) providing practical assistance, support, services and items of equipment, both directly and through the provision of grants of financial assistance, to people affected by cancer;
c) promoting research into all forms of cancer, the useful results of which will be published for the public benefit.

Projects

Projects undertaken during the year include:

Community Cancer Awareness Events

Our community cancer awareness events provided cancer awareness campaign and information to relieve sickness, by educating members of the public on cancer risk factors, encouraging members of the public to go for medical check-up and screening as well as through the provision of information about treatment and various cancer support that are locally available.

Covid-19 BME Food Relief

We delivered Afro-Caribbean food to the doorsteps of members of our community who lost means of livelihood or were in isolation due to the pandemic. We also started a wellbeing and activity sessions on zoom to lift one another’s spirit during the pandemic.

FAMILY UNIT TRUST Trustees’ Report Year ended 30 June 2021

Networking Events

We delivered networking events (women forum and volunteer appreciation events) and opportunities. These events and opportunities helped to link people with similar circumstances and life experiences, creating opportunities for those affected by cancer to learn from other people’s experiences of how such problems have been dealt with in the past as well as the approaches and solutions that worked best.

In planning and executing the activities during the year, the trustees ensured that the guidance on public benefit issued by the Charity Commission was taken into consideration.

Margaret Faith Edet Chair of Trustees

FAMILY UNIT TRUST Accountant’s report For the period ended 30 June 2021

Accountants' report to the board of trustees on the preparation of the unaudited statutory accounts of Family Unit Trust for the period ended 30 June 2021.

In order to assist you to fulfil your duties under the Charity Act 2011, we have prepared for your approval the accounts of Family Unit Trust for the period ended 30 June 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 Family Unit Trust, as a body, in accordance with the terms of our engagement letter dated 24[th] July 2021. Our work has been undertaken solely to prepare for your approval the accounts of Family Unit Trust and state those matters that we have agreed to state to the Trustees of Family Unit Trust, as a body, in this report to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Family Unit Trust and its Trustees as a body for our work or for this report.

It is your duty to ensure that Family Unit Trust has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position of Family Unit Trust. You consider that Family Unit Trust 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 Family Unit Trust. 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: 26 July 2021

FAMILY UNIT TRUST Income Statement For the period ended 30 June 2021

Income: Note Income from charitable activities: Operation of the charity 2 Income from other trading activities: Other charity activities 3 Total income Expenditure: Administrative costs Operation of the charity 4 Costs of generating funds Other charitable activities 5 Governance costs Other governance costs 6 Total expenditure Net income/(expenditure) and net movement in funds for the year Reconciliation of funds Total funds brought forward Total funds carried forward 9	30th June 2020 16,400 910
	17,310
	(15,104) (867) (991)
	(16,962)
	348 -
	348

The notes on pages 9 to 11 form part of these financial statements

FAMILY UNIT TRUST Statement of Financial Position As at 30 June 2021

Note Fixed assets Tangible assets Current assets Cash at bank and in hand 7 Debtors Creditors: amounts falling due within one year 8 Net current assets Total assets less current liabilities Creditors: amounts falling due after one year Total assets Funds Net income/(expenditure) Total funds brought forward Total funds carried forward 9	498 -	30th June 2020 - 348
	498 (150)

		348 -
		348
		348 -
		348

The trustees are satisfied that the charity is entitled to exemption from the requirement to obtain an audit/independent examination under section 144(2) of the Charities Act 2011 (the 2011 Act).

The trustees of the charity have not required the charity to obtain an independent examination in accordance with section 144(2) of the Act.

The trustees acknowledge their responsibilities for complying with the requirements of the Charity Act 2011 with respect to accounting records and the preparation of accounts.

Margaret Faith Edet Chair of Trustees

Approved by the board on 26 July 2021

The notes on pages 9 to 11 form part of these financial statements

FAMILY UNIT TRUST Notes to the Financial Statements For the period ended 30 June 2021

1. Accounting Policies

Basis of preparation

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).

Family Unit Trust 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 notes.

Going concern basis of accounting

The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.

Fund accounting

General reserves are unrestricted funds that are available for use at the Trustees’ discretion in furtherance of the objects of the charity.

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.

Donations and gifts

Donations and gifts consist of the total donations from individuals, trusts and corporates, along with income from fundraising events.

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.

Charitable expenditure include costs incurred directly by Family Unit Trust in the furtherance of its charitable objectives, along with associated support costs.

FAMILY UNIT TRUST Notes to the Financial Statements For the period ended 30 June 2021

Governance costs relate to the general running of the charity as opposed to those costs associated with fundraising or charitable activity. Included within this category are costs associated with internal audit and risk, as well as external audit costs, as opposed to day-to-day management of the charity’s activities.

2. Income from operation of the charity Donations receivable Grants receivable 3. Income from other charity activities Charity sales Other income 4. Administrative costs Rent and accommodation Project expenses Training and development General expenses Printing and stationery Telephone and broadband Local travel	30 June 2020 £ 2,500 13,900
	16,400
	30 June 2020 £ 910 -
	910
	30 June 2020 £ - 11,655 - 3,263 - 186 -
	15,104

FAMILY UNIT TRUST Notes to the Financial Statements For the period ended 30 June 2021

5. Costs of generating funds Advert and promotion Other trading costs Staff expenses Bank charges 6. Governance costs Professional fee Accountancy fee Insurance cost 7. Cash at bank and in hand Bank Cash 8. Creditors - Amount falling due within one Trade creditors Other creditors 9. Total funds carried forward Incoming resources Restricted 16,400 Unrestricted 910 Total funds 17,310	year Outgoing resources 16,284 678 16,962	30 June 2020 £ 531 - 300 36
		867
		30 June 2020 £ 600 150 241
		991
		30 June 2020 £ 498
		498
		30 June 2020 £ 150 -
		150
		30 June 2020 116 232
		348