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2023-03-31-accounts

Trustees’ Report for the period ended 31[st] March 2022

KENT COMMUNITY HELPERS

The Trustees of the KENT Community Helpers are pleased to present their Annual Report and Financial Statement for the year ended 31[st] March 2022.

The trustees, who are also directors under company law, confirm that the financial statements comply with current statutory requirements, the memorandum and Articles of Association and the Statement of Recommended Practice -Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Structure, Governance and Management

Governance and Management

Kent Community Helpers is a charitable organisation limited by guarantee, incorporated on 28[th ] September 2020 and registered same year.

The organisation was established under a Memorandum of Association, which established the objects and powers of the charitable company, and is governed under those Articles.

The members of the Board of Trustees are elected for three years at the Annual General Meeting (AGM).

Objectives and Principle Activities

We support families and people in our community with food and items donated to us by stores, super markets and also from donations we received from donors.

We review our aims, objectives and activities at trustees’ meetings. The review looks at achievements and plans future outcomes. We produce reports on key achievements and the benefit that they have brought to those groups of people that we are set up to help. The review also helps us to ensure that our aims, objectives and activities remain focused on our stated purposes.

Public Benefit

We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

Recruitment and appointment of trustees

The directors of the company are also charity trustees for the purposes of charity law, and under the company’s Articles. All members of the Management committee give their time voluntarily and receive no benefit from the charity. No expenses were reimbursed to any trustee during the period.

Organisational Structure

Kent Community Helpers has a committee of up to 2 members, who meet when required during the year and are responsible for the strategic direction and policy of the charity.

Risk Management

The trustees actively review the major risks facing the charity on a regular basis. They have established systems and procedures to mitigate those risks identified and implemented procedures designed to minimise any potential impact on the charity should those risks materialise.

The trustees review the organisation’s financial situation and the resources available to the organisation.

Procedures are in place to ensure the health and safety of staff and visitors to the organisation.

Financial Review

Investment Policy

The policy of the Management Committee is to place surplus funds into an interest bearing account whilst maintaining sufficient funds in a current bank account to cover immediate liabilities.

Reserves Policy

The Trustees has considered its reserves policy in light of the main risks to the organisation. The committee recognises that the organisation needs to have sufficient reserves to allow it to cover known liabilities and contingencies, absorb setbacks and take advantage of change and opportunity.

Small Company Exemptions

This report has been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 applicable to companies subject to the small companies’ regime and with the Charities Statement of Recommended Practice (FRS102).

Approval

This report was approved by the trustees on 17[th ] of January 2023 and signed on their behalf by:

............................................… Oluwasegun Olajuwan

FINANCIAL STATEMENTS REPORT

Kent Community Helpers had an active and successful year. Having transformed the number and nature of its trustees, the group made major strides in raising both the profile of Kent Community Helpers as an Institute and the funds needed for the community.

More broadly, we continued to increase the profile of Kent Community Helpers by supporting several exciting initiatives

We are grateful to our many friends, alumni and donors for their support and hope for a healthy and successful year ahead.

Below is the financial standing of Kent Community Helpers for reference

Kent Community Helpers Kent Community Helpers Kent Community Helpers Charity No
(if any)		 1191492
Annual accounts for theperiod
Period start date 01-Apr-22 To Period end
date		 31-Mar-23
Recommended categories by
activity
Incoming resources (Note 3)
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Separate material item of income
Other
Resources expended (Note 6)
Expenditure on:
Raising funds
Charitable activities
Accountancy fee
Other
Net gains/(losses) on investments
Extraordinary items
Other gains/(losses)
Reconciliation of funds:
1
Total
Net movement in funds
Total funds brought forward
Total funds carried forward
Total
Net income/(expenditure) before investment
gains/(losses)
Net income/(expenditure)
Transfers between funds
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
£
£
£
F01
F02
F03		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
£
£
£
F01
F02
F03		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
£
£
£
F01
F02
F03		 Total funds
Prior year
funds
£
£
F04
F05		 Total funds
Prior year
funds
£
£
F04
F05
- - - - 5,000
- - - - -
- - - - -
- - - -
- - - - -
550 - - 550 -
550 - - 550 5,000
350 - - 350 5,850
- - - - -
200 - - 200 200
- - - - -
550 - - 550 6,050
- - - - 1,050
-
- - - - -
- - - - 1,050
-
- - - - -
- - - - -
- - - - -
- - - - -
- - - - 1,050
-
736
-		 - - 736
-		 314
736
-		 - - 736
-		 736
-

Section B Balance sheet

Fixed assets
Intangible assets
Tangible assets
Heritage assets
Investments
Total fixed assets
Current assets
Stocks
Debtors
Investments
Cash at bank and in hand
Total current assets
Creditors: amounts falling due within
one year
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after
one year
Provisions for liabilities
Total net assets or liabilities
Funds of the Charity
Endowment funds (Note 27)
Restricted income funds (Note 27)
Unrestricted funds
Revaluation reserve
Total funds
Signed by one or two trustees on behalf of all
the trustees		 Unrestricted
funds
£
F01		 Restricted
income
funds
£
F02		 Endowment
funds
Total this
year
£
£
F03
F04		 Endowment
funds
Total this
year
£
£
F03
F04		 Total last
year
£
F05
- - - - -
- - - - -
- - - - -
-
 -
 -
 -
 -
~~-~~ ~~-~~ ~~-~~ ~~-~~ -
- -
- - - - -
- - - - -
-
 -
 -
 -
 -
~~- 736~~
 ~~-~~
 ~~-~~
 ~~- 736~~
 736
-
~~- 736~~ ~~-~~ ~~-~~ ~~- 736~~ 736
-

-		 - - - -
~~- 736~~ ~~-~~ ~~-~~ ~~- 736~~ 736
-
~~- 736~~ ~~-~~ ~~-~~ ~~- 736~~ 736
-
- - - - -
- - - - -
- 736 - - 736
-		 736
-
- -
-
- 736
-
 -
- -
 -
- 736 314
~~- 736~~ ~~-~~ ~~-~~ ~~- 736~~ 314
Signature Print Name Date of
approval
dd/mm/yyyy
O. Olajuwan Olusegun Olajuwan 07-Jan-24

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2

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities • and with ✓ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with ✓ the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)

The charity constitutes a public benefit entity as defined by FRS 102.*

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

Where accounts are not prepared on a going
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.
Disclosure of any uncertainties that make the
going concern assumption doubtful;
An explanation as to those factors that support
the conclusion that the charity is a going
concern;		 N/A
N/A

5850

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note {N2}.

Yes
No		 * -Tick as appropriate
NO

Please disclose:

Please disclose:
(i) the nature of the change in accounting policy; N/A
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information;
and		 N/A
(iii) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
periods before those presented, 3.44 FRS 102 SORP.		 N/A

1.4 Changes to accounting estimates

No changes to a ccounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes
No		 * -Tick as appropriate
✓
Please disclose :
(i) the nature of any chan ges; N/A
(ii) the effect of
assets and liabi		 the chan
lities for t		 ge on income and expense or
he current period; and		 N/A
(iii) where pract
more future per		 icable, th
iods.		 e effect of the change in one or N/A

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

Yes No ✓ * -Tick as appropriate

Please disclose:

Please disclose:
(i) the nature of the prior period error; N/A
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and		 N/A
(iii) the amount of the correction at the beginning of the
earliest prior period presented in the accounts.		 N/A

CC17a (Excel)

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3

Section C Notes to the accounts

Note 2 Accounting policies

Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable.

2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE

PRACTICE
Please provide a description
of the nature of each change
No Change
in accounting policy
Reconcilation of funds per previous GAAP to funds determined under FRS 102
Start of End of
period period
£ £ 0
Fund balances as previously
stated
-736		 -736
Adjustments:
N/A		 N/A
Fund balance as restated
-736		 -736
Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102
End of
£
Net income/(expenditure) as previously
stated		 0
Adjustments:
Previous period net income/(expenditure) as
restated		 0

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4

Section C Notes to the accounts (cont)

Note 2 Accounting policies 2.2 INCOME

This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a
different or additional policy has been adopted then this is detailed in the box below.
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and Yes No N/a
• the monetary value can be measured with sufficient reliability. ✓
There has been no offsetting of assets and liabilities, or income and expenses, unless required or Yes No N/a
Offsetting permitted by the FRS 102 SORP or FRS 102. ✓
Yes No N/a
Grants and donations are only included in the SoFA when the general income recognition
Grants and donations criteria are met (5.10 to 5.12 FRS102 SORP). ✓
In the case of performance related grants, income must only be recognised to the extent Yes No N/a
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP). ✓
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has Yes No N/a
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the ✓
charity or have been met.
5850 Yes No N/a
Government grants The charity has received government grants in the reporting period ✓
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Tax reclaims on donations
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is		 Yes No N/a
and gifts treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.		 ✓
Contractual income and
performance related		 This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.		 Yes No N/a
✓
grants
Yes No N/a
Donated goods Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.		 ✓
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.		 Yes No N/a
In the reporting period in which the stocks are distributed, they are recognised as an ✓
expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance		 Yes No N/a
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading ✓
activities'.
Yes No N/a
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.		 ✓
Yes No N/a
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable. ✓
Donated services and Donated services and facilities are included in the SOFA when received at the value of Yes No N/a
facilities the gift to the charity provided the value of the gift can be measured reliably. ✓
Donated services and facilities that are consumed immediately are recognised as income Yes No N/a
with an equivalent amount recognised as an expense under the appropriate heading in
the SOFA.		 ✓
Yes No N/a
Support costs The charity has incurred expenditure on support costs. ✓
Volunteer help The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.		 Yes No N/a
✓
Yes No N/a
Income from interest, This is included in the accounts when receipt is probable and the amount receivable can
royalties and dividends be measured reliably. ✓
Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations Yes No N/a
subscriptions and Legacies. ✓
Membership subscriptions which gives a member the right to buy services or other Yes No N/a
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.		 ✓
2.4 ASSETS
Intangible fixed assets
Heritage assets
Settlement of insurance
claims
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
They are valued at cost.
These are capitalised if they can be used for more than one year, and cost at least
Redundancy cost
The charity made no redundancy payments during the reporting period.
Deferred income
No material item of deferred income has been included in the accounts.
Creditors
The charity has creditors which are measured at settlement amounts less any trade
discounts
Provisions for liabilities
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
Basic financial
instruments
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
2.3 EXPENDITURE AND LIABILITIES
Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
Investment gains and
losses
The charity accounts for basic financial instruments on initial recognition as per
paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
Tangible fixed assets for
use by charity
The depreciation rates and methods used are disclosed in note 9.2.
Governance and support
costs
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
They are valued at cost.
Investments
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
Grants with performance
conditions
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
Grants payable without
performance conditions
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
Stocks and work in
progress
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.		 Yes
No
N/a		 Yes
No
N/a		 Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓
Yes
No
N/a
✓ ✓ ✓
Yes
No
N/a
✓
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
Current asset investments
The charity has has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than to
meet short term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.
None		 POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
Current asset investments
The charity has has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than to
meet short term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.
None		 Yes
No
N/a
 Yes
No
N/a
 Yes
No
N/a
✓
Yes
No
N/a
✓
None

Section C Notes to the accounts (cont)

Note 3 Analysis of income

Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Donations and gifts
- - - - 5,000
Gift Aid
- - - - -
Legacies
- - - - -
General grants provided by government/other
charities
- - - - -
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donated goods, facilities and services
- - - - -
Other
550 - - 550
Total 550 - - 550 5,000
- - - -
- - - - -
- - - - -
Other
- - - - -
Total - - - - -
- - - - -
- - - - -
- - - - -
Other
- - - - -
Total - - - - -
Interest income
- - - - -
Dividend income
- - - - -
Rental and leasing income
- - - - -
Other
- - - - -
Total - - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Total - - - - -
Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use
- - - - -
Gain on disposal of a programme related
investment
- - - - -
Royalties from the exploitation of intellectual
property rights
- - - - -
Other
- - - - -
Total - - - - -
550- -550 5,000
Other information:
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
All income in the prior year was unrestricted except for:
(please provide description and amounts)

Analysis
Donations
and legacies:
Charitable
activities:
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
TOTAL INCOME
Other:
Other trading
activities:
Income from
investments:
Separate
material item
of income:
Where any endowment fund is converted into income in the
prior period, please give the reason for the conversion.		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£

Analysis		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£

Analysis		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£

Analysis		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£

Analysis		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£

Analysis		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£

Analysis
Donations and gifts - - - - 5,000

Gift Aid		 - - - - -
Legacies - - - - -
General grants provided by government/other
charities		 - - - - -
Membership subscriptions and sponsorships
which are in substance donations		 - - - -
Donated goods, facilities and services - - - - -

Other		 550 - - 550
Total 550 - - 550 5,000
- - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
- - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Interest income - - - - -
Dividend income - - - - -
Rental and leasing income - - - - -

Other		 - - - - -
Total - - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Total - - - - -
Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use
-		 - - - -

Gain on disposal of a programme related
investment		 - - - - -
Royalties from the exploitation of intellectual
property rights		 - - - - -

Other		 - - - - -
Total - - - - -
550 - - 550 5,000

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58

Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

Analysis
Expenditure on raising funds:		 Unrestricted
funds
Restricted
income funds
Endowment
funds
Total funds
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
This year
Last year		 Unrestricted
funds
Restricted
income funds
Endowment
funds
Total funds
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
This year
Last year		 Unrestricted
funds
Restricted
income funds
Endowment
funds
Total funds
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
This year
Last year		 Unrestricted
funds
Restricted
income funds
Endowment
funds
Total funds
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
This year
Last year		 Unrestricted
funds
Restricted
income funds
Endowment
funds
Total funds
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
This year
Last year		 Unrestricted
funds
Restricted
income funds
Endowment
funds
Total funds
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
This year
Last year		 Unrestricted
funds
Restricted
income funds
Endowment
funds
Total funds
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
This year
Last year		 Unrestricted
funds
Restricted
income funds
Endowment
funds
Total funds
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
£
£
This year
Last year
Incurred seeking donations - - - - - - - -
Incurred seeking legacies - - - - - - - -
Incurred seeking grants - - - - -
Operating membership schemes and
social lotteries		 - - - - -
Staging fundraising events 350 - - 350 -
Fudraising agents - - - - -
Operating charity shops - - - - -
Operating a trading company
undertaking non-charitable trading
activity		 - - - - -
Advertising, marketing, direct mail and
publicity		 - - - - 5,850 - - 5,850
Start up costs incurred in generating
new source of future income		 - - - - - - - -
Database development costs - - - - - - - -
Other trading activities - - - - -
Investment management costs: - - - - -
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice
 - - - - - - - -
Investment administration costs - - - - - - - -
Intellectual property licencing costs - - - - - - - -
Rent collection, property repairs and
maintenance charges		 - - - - - - - -
Accountancy fee - - - - - - - -
Total expenditure on raising funds 350 - - 350 5,850 - - 5,850
Expenditure on charitable activities:
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total expenditure on charitable
activities		 - - - - - - - -
Separate material item of expense
Accounting service 200 - - 200 200 - - 200
- - - - - - - -
- - - - - - - -
Total 200 - - 200 200 - - 200
Other
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
TOTAL EXPENDITURE
Total other expenditure		 - - - - - - - -
550 - - 550 6,050 - - 6,050

Other information:

Analysis of expenditure on charitable activities

This year

Last year

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Activity or programme Activities
undertaken
directly		 Grant
funding of
activities		 Support
Costs		 Total this
year		 Activities
undertaken
directly		 Grant
funding of
activities		 Support
Costs		 Total last
year
£ £ £ £ £ £ £ £
Activity1 - - - - - - - -
Activity2 - - - - - - - -
Other - - - - - - - -
Total - - - - - - - -

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Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

funds
Fund names Type PE, EE
**R or UR ***
Purpose and Restrictions		 Fund
balances
brought
forward
£		 Income
£		 Expenditure
£		 Transfers
£		 Gains and
losses
£		 Fund
balances
carried
forward
£
Juwon Funds U To support charitable activity - 550 - 550 - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds - 550 - 550 - - -

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Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

This year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

0

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Name of trustee Legal authority (eg
order, governing
document)		 Amounts paid or benefit value Amounts paid or benefit value Amounts paid or benefit value Amounts paid or benefit value Amounts paid or benefit value
Remuneration Pension
contribution		 Redundancy
(including
loss of
office)/ex
gratia		 Other TOTAL
£ £ £ £ £
- - - - -
- - - - -
- - - - -
- - - - -

Please give details of why remuneration or other employment benefits were paid.

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

Last year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Name of trustee Legal authority (eg
order, governing
document)		 Amounts paid or benefit value Amounts paid or benefit value Amounts paid or benefit value Amounts paid or benefit value Amounts paid or benefit value
Remuneration Pension
contribution		 Redundancy
(including
loss of
office)/ex
gratia		 Other TOTAL
£ £ £ £
- - - - -
- - - - -
- - - - -
- - - - -

Please give details of why remuneration or other employment benefits were paid.

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

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28.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

No trustee expenses have been incurred (True or False)

Type of expenses reimbursed This year Last year
£ £
Travel - -
Subsistence - -
Accommodation - -
Other (please specify): - -
- -
TOTAL -
-

Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity

28.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

This year

There have been no related party transactions in the reporting period (True or False)

Name of the trustee
or related party		 Relationship
to charity		 Description of the
transaction(s)		 Amount Balance at
period end		 Provision for bad debts
at period end		 Amounts
written off
during
reporting
period
£ £ £ £

In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.

For any related party, please provide details of any guarantees given or received.

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Last year

There have been no related party transactions in the reporting period (True or False)

Name of the trustee
or related party		 Relationship
to charity		 Description of the
transaction(s)		 Amount Balance at
period end		 Provision for bad debts
at period end		 Amounts
written off
during
reporting
period
£ £ £ £

In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.

For any related party, please provide details of any guarantees given or received.

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