Charity number 1188967
BE BLESS CHARITY Report and Accounts
31 March 2024
BE BLESS CHARITY Charity number 1192070 Trustees Report
The trustees present their report and accounts for the year ended 31 March 2024.
Charity Activities
For the public benefit the relief of those in need anywhere in the world by reason of youth,age,illhealth,disability, or social or economic disadvantage in particular but not exclusively by coordinating and developing services such as, the provision of training
opportunities,food,finance,recreational activities,clean water and sanitation and such other servicesfor those in need as the trustees may determine.
Trustees
The following persons served as trustees during the year:
Joshua Anang (Chairman) Liliana Cadar Manu Dagher
This report was approved by the trustees on 30 March 2025 and signed on its behalf.
Joshua Anang (Chairman)
BE BLESS CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
For the year ending 31 March 2024
Income & Expenditure Account
| Note Incoming Resources Incoming resources from generated funds: Voluntary donations 3 Investment Income 4 Activities for generating funds 5 Incoming resources from charitable activities 6 Gift Aid reclaim Total incoming resources Resources Expended Administrative Expenses 8 Charitable activities Governance Cost 9 Total resources expended Net incoming resources / (resources expended) before transfers Transfers between Funds Net movement of funds in year Net income / expenditure for the year Total Funds brought forward Total Funds at 31 March 2024 14 |
Restricted Funds 2024 £ - - - - - - - - - - - - - - - |
Unrestricted Funds 2024 £ 660 - - - - 660 (2,152) - (150) (2,302) - - 1,642 - 1,642 - 3,366 1,724 |
Total Funds 2024 £ 660 - - - - 660 (2,152) - (150) (2,302) - - 1,642 - 1,642 - 3,366 1,724 |
|---|---|---|---|
BE BLESS CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
Balance Sheet as at 31 March 2024
| Note Fixed Assets Tangible Assets 11 Current Assets Debtors 12 Investments held as current assets 12 Cash at Bank and in Hand 12 Creditors:Amounts falling due within one year Net Current Assets Net Assets Charity Funds Restricted Funds Unrestricted Funds 14 |
£ - - - 1,724 |
2024 £ - - - 1,724 1,724 - 1,724 - 1,724 1,724 |
|---|---|---|
BE BLESS CHARITY
Notes to the Financial Statements
For the year ended 31 March 2024
Note 1 Basis of preparation
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 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
1.2 Change of accounting policy
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { 1.1 }.
Note 2 Accounting policies
2.1 INCOME
| Recognition of | These are included in the Statement of Financial Activities (SoFA) |
|---|---|
| income | when: |
| the charity becomes entitled to the resources; | |
| · it is more likely than not that the trustees will receive the resources; and | |
| the monetary value can be measured with sufficient reliability. | |
| Offsetting | There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. |
| Grants and | Grants and donations are only included in the SoFA when the general income recognition criteria are met. |
| donations | |
| In the case of performance related grants, income must only be recognised to the extent that the charity has | |
| provided the specified goods or services as entitlement to the grant only occurs when the performance related | |
| conditions are met . | |
| Legacies | Legacies are included in the SOFA when receipt is probable, that is, when there has 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. | |
| Government grants | The charity has received government grants in the reporting period |
| Tax reclaims on donations and gifts |
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is 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 grants |
This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. |
| Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless | |
| Donated goods | 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. 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 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'. | |
| 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. | |
| Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. | |
| Donated services | Donated services and facilities are included in the SOFA when received at the value of the gift to the charity |
| and facilities | provided the value of the gift can be measured reliably. |
| Donated services and facilities that are consumed immediately are recognised as income with an equivalent | |
| amount recognised as an expense under the appropriate heading in the SOFA. | |
| 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. |
| Income from | |
| interest, royalties | This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. |
| and dividends | |
| Income from | |
| membership | Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. |
| subscriptions | |
| Membership subscriptions which gives a member the right to buy services or other benefits are recognised as | |
| income earned from the provision of goods and services as income from charitable activities. | |
| Settlement of | Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 |
| insurance claims | FRS 102 SORP) and are included as an item of other income in the SoFA. |
| Investment gains | This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting |
| and losses | from revaluing investments to market value at the end of the year. |
| 2.2 EXPENDITURE | AND LIABILITIES |
| Liability | Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing |
| recognition | the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. |
| Governance and | Support costs have been allocated between governance costs and other support. Governance costs comprise all |
| support costs | 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. | |
| Grants with | Where the charity gives a grant with conditions for its payment being a specific level of service or output to be |
| performance | provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified |
| conditions | service or output. |
| Grants payable | Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the |
| without | commitment, a liability for the full funding obligation must be recognised. |
| performance | |
| conditions | |
| 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 A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of liabilities the amount required to settle the obligation at the reporting date Basic financial The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS 102 SORP. instruments Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS 102 SORP.
2.3 ASSETS Tangible fixed These are capitalised if they can be used for more than one year, and cost at least assets for use by They are valued at cost. charity The depreciation rates and methods used are disclosed in note 7. Intangible fixed The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are assets identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 15
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 Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. progress 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.
3 Voluntary Income
| Donation 4 Investment Income Interest on Bank & Deposit Account |
Restricted Funds 2024 £ - - Restricted Funds 2024 £ - - |
Unrestricted Funds 2024 £ 660 660 Unrestricted Funds 2024 £ - - |
Total Funds 2024 £ 660 660 Total Funds 2024 £ - - |
|---|---|---|---|
| 5 Activities for generating funds Restricted Funds 2024 £ Rent & hall hire - Gift Aid reclaim - - 6 Incoming resources from charitable activities Restricted Funds 2024 Faith and Worship: Literature Sales - 7 Other incoming resources Loan Restricted Funds 2024 £ Other - - 8 Analysis of charitable expenditure Donation Utility bills |
Unrestricted Funds 2024 £ - - - Unrestricted Funds 2024 - Unrestricted Funds 2024 £ - - Direct Charitable Activities £ 2,100 52 2,152 |
Total Funds 2024 £ - - - Total Funds 2024 £ - Total Funds 2024 £ - - 2024 Total £ 2,100 52 2,152 2,152 - |
|---|---|---|
9 Net Incoming / (outgoing) resources
This is stated after charging:
----- Start of picture text -----
2024
£
-
Depreciation of tangible fixed assets
Accountant's remuneration 150
150
----- End of picture text -----
10 Taxation
The organisation is a registered charity and no provision is considered necessary for taxation.
11 Tangible Fixed Assets
| Free hold Leasehold Land Building Land £ £ Cost At 29 October 2020 - Additions - - Disposal - At 31 March 2024 - - Depreciation At 29 October 2020 - - Charge for the year - - Elimination on disposals - - At 31 March 2024 - - Net Book Value At 31 March 2024 - - At 29 October 2020 - - 12 Debtors: (Falling due within one year) Due within one year: Debtors Prepayments 13 Creditors:(Falling due within one year) Property payment due Loan for the property Accruals |
Fixtures & Equipment Total £ - - - - - - - - - - |
Total £ - - - - - - - - - - 2024 £ - - - 2024 £ - - - - |
|---|---|---|
----- Start of picture text -----
14 Statement of funds
Brought Incoming Resources Carried
Forward Resources Expended Forward
£ £ £ £
Unrestricted Funds
General Funds 3,366 660 2,302 1,724
Restricted Funds
- - - -
Fund Raising
Other - - - -
Total Funds 3,366 660 2,302 1,724
----- End of picture text -----