2022-06-30-accounts

1192756

CHARITY REGISTRATION NUMBER

UPSIGN NETWORK

TRUSTEES’ REPORTS AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDING 30 JUNE 2022

ACCOUNTAXZONE LIMITED

Chartered Certified Accountants

& Business Advisors

20-22 Wenlock Road, London, England, N1 7GU

UPSIGN NETWORK

TRUSTEES’ REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDING 30 JUNE 2022

CONTENTS	PAGE
Reference and administrative details	1
Trustees’ Annual Report	2-3
Statement of Financial Activities	4
Balance sheet	5
Notes to the financial statements	6-7

UPSIGN NETWORK REFERENCE AND ADMINISTRATIVE DETAILS YEAR ENDED 30 JUNE 2022

The trustees present their report and the financial statements of the charity for the year ended 30 June 2022.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name UPSIGN NETWORK Charity registration number 1192756 Principal office 10 Penrith way Aylesbury HP21 7JZ Trustees Dr Jawwad Arshad Darr PhD Dr Khalid Mahmood Ms Nosheen Ramzan Bankers National Westminster Bank Plc Chatham Customer Service Centre, Waterside Court Chatham Maritime ME4 4RT

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UPSIGN NETWORK TRUSTEES ANNUAL REPORT YEAR ENDED 30 JUNE 2022

The report of the trustees for the year ended 30 June 2022

Introduction

The trustees present their annual report and accounts for the year ended 30 June 2022.

There have been expenditures of £2,890 and income of £5,470 during the year.

Name, registered office and constitution of the charity

The full name of the charity is UPSIGN NETWORK .

The legal registration details are: -

Date of formation 11 December 2020 The Registered Office is 10 Penrith way, Aylesbury, HP21 7JZ Charity Registration Number 1192756 The telephone number is 07508672210

OBJECTIVES AND ACTIVITIES

The contribution of volunteers

The charity has drawn upon the pool of volunteers without whom the level of work that we undertake would be significantly less.

Summary of main activities of the charity in relation to its objects

Upsign Network was constituted under the governing document dated 11 December 2020. The objective of Upsign Network is to advance the education of the public in the subjects of science, technology, the humanities and such other academic disciplines as the trustees in their discretion think fit, including but not exclusively, by fostering networking and collaboration between universities and other institutions in the UK and Pakistan and by organising events, workshops and seminars.

The charity operates on a non-profitable basis.

Risk management

The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that the systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.

FINANCIAL REVIEW

There total expenditure incurred was £2,890 and total income generated was £5,470 during the year ending 30 June 2022.

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UPSIGN NETWORK TRUSTEES ANNUAL REPORT (continued) YEAR ENDED 30 JUNE 2022

RESPONSIBILITIES OF THE TRUSTEES

The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these 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 judgments and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed by order of the trustees

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Dr Khalid Mahmood Trustee

................................... 20 Apr 2023

Date:

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UPSIGN NETWORK STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 30 JUNE 2022

Notes INCOMING RESOURCES Incoming resources from generating funds: Voluntary income 2 Interest income 3 TOTAL INCOMING RESOURCES RESOURCES EXPENDED Charitable activities 4 Support cost of charitable activities General administrative expenses 5 TOTAL RESOURCES EXPENDED NET INCOMING/ OUTGOING RESOURCES FOR THE YEAR RECONCILIATION OF FUNDS Total funds brought forward NET INCOMING/ OUTGOING RESOURCES FOR THE YEAR TOTAL FUNDS CARRIED FORWARD	Unrestricted Funds Restricted Funds Total Funds ---------------2022------------ £ £ £ 5,470 - 5,470 - - - 5,470 - 5,470 - - - - - - 2,890 - 2,890 2,890 - 2,890 2,579 - 2,579 - - - 2,579 - 2,579 2,579 - 2,579	Unrestricted Funds Restricted Funds Total Funds ---------------2021------------ £ £ £ - - - - - -
		- - -
		- - -
		- - - - - -
		- - -
		- - -
		- - - - - - - - -

The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.

All of the above amounts relate to continuing activities.

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UPSIGN NETWORK BALANCE SHEET AS AT 30 JUNE 2022

CURRENT ASSETS Cash at bank and in hand CREDITORS: Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS Unrestricted income funds TOTAL FUNDS	2022 £ 2,579 2,579 - 2,579 2,579 2,579 2,579 2,579	2021 £ -
		- -
		-
		-
		-
		- -

These financial statements were approved by the member of the committee on the _____ and are signed on their behalf by:

Dr Khalid Mahmood Trustee

The notes on pages 6 to 7 form part of these financial statements.

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UPSIGN NETWORK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDING 30 JUNE 2022

1. ACCOUNTING POLICIES

Basis of accounting

The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, the Statement of Recommended Practice "Accounting and Reporting by Charities" issued in March 2005 (SORP 2005) and the Charities Act 2011.

2. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES

Voluntary income Gift Aid Total	Unrestricted Funds Total ---------------2022-------------- £ £ 5,470 5,470 - - 5,470 5,470	Unrestricted Funds Total -------------2021------------- £ £ - - - - - -

3. INVESTMENT INCOME

Bank deposit interest received	Unrestricted Funds Total -------------2022-------------- £ £ - -	Unrestricted Funds Total ---------------2021-------------- £ £ - -

RESOURCES EXPENDED

4. COSTS OF CHARITABLE ACTIVITIES BY FUND TYPE

Direct charitable costs Other Total	Unrestricted Funds Total -------------2022------------- £ £ - - - - - -	Unrestricted Funds Total ----------2021---------- £ £ - - - - - -

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UPSIGN NETWORK NOTES TO THE FINANCIAL STATEMENTS ( continued ) FOR THE YEAR ENDING 30 JUNE 2022

5. GOVERNANCE COSTS

Support cost of charitable activities Printing and publications Travel General administrative expenses Other administrative expenses Total governance costs	Unrestricted Funds Total ------------2022-------------- £ £ - - - - - 2,890.32 2,890.32 2,890.32 2,890.32	Unrestricted Funds Total --------------2021------------- £ £ - - - - - - - -

6. STAFF COSTS AND EMOLUMENTS

No employees were hired during the year and no payments were made in this respect during the year. The trustees worked voluntarily and did not receive any remuneration for their services.

7. CREDITORS: Amounts falling due within one year

Accruals	2022 £ -	2021 £ -

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4120r23. 12 30 PM Print annual retum I ChaTity Cotnrnission GOV.UK Ch arity Commission Charity Commission Annual Return 2022 UPSIGN NETWORK Charity registration number:1192756 Most of the Information you glve in this form will become pubticly a￿llable on the Reglster of Charltles. Anyfleld that the Charlty Commission will not dispLaywiU be clearty marked. Thls document Is a record of the Informatlon provlded In theAnnual Return 2022. PART A- Charity information Financial period Flnanclal perlod start date 0110712021 Flnancial period end date 3010612022 Income and spending Inwme £ £ 5.470 Spendlng £ £ 2.890 http5.'Ilportal updat&charity4elails.5eMce_gov.uklgrouplannuakrettJrTr202Wprint 115

4120r23, 12 30 PM Print 3nnu31 TetUTn I Charity Cotnmission Fundraising- professionalfundraiser Did your charlty raisefunds from the public? Government contracts Durlng the financlal period forthis annual retum. did the charity receive income from contracts (otherthan grant agreements)with centralgovernment or Io(21authorities? No Government grants Durlng the financial perlod forthls annual retum. dld the charlty recelve Income from grants from central government or local authorltles? Incomefrom outsidethe UK Dld your charlty recelve Incomefrom outsldethe UK ? No Spending outside England &Wales Did your charity operate outside EngLand and Wales? Total Spending outside England & Wales Trading subsidiaries Did the charity have any subsidiaries? http5.'Ilportal updat&charity4elails.5eMce_gov.uklgrouplannuakrettJrTr202Wprint 215

4120r23. 12 30 PM Print Hnnual retum I ChaTity Cotnmission Trustee payments Did any of thetrustees receive any remuneration. payments or benefits from the charlty other than refunds of legitimatetrustee expenses? Dld any of the trustees resign and then up ernpl￿rnent with the charlty? Employees, salarles Dld any ofyour charlty's staff recelvetots1empl0￿ benefits of £60.000 or more? Select No If your charlty does not have any staff or does not pay any staff. No For your hlghest pald member of stsff only. whatwas thetOtsL￿dlue of thelremployee benefits? (For example If your highest paid member of staff re￿iVed £35,000 enter 35000). If you do not have any staff or did not pay any staff. enter O (zero) Volunteers How many UKvolunteers, excludlng trustees. dldthe charfty have durfng the flnanclal perlod? Financial controls Did your charlty review Its internalfinanclalcontrols? Yes Safeguarding http5.'Ilportal updat&charity4elails.5eMce_gov.uklgrouplannuakrettJrTr202Wprint 315

4120r23. 12 30 PM Print 3nnu31 return I ChaTity Cotnmission Has the charity obtained a standard. enhanced or enhanced with barred lists DBS check on alltrustees. employees and volunteerswho are in rolesthat are eligible forthese checks? SeLectYes if there are no trustees. employees orvolunteers in roles that are eligible forthese types of DBS checks. Yes Privacy statement Any Information you give us WILL be held securely and prO￿SSed only in accordan￿ with the rule on data protection. We wiu not discloseyour personaldetsiLs to anyone unconnected to the Charity Commission unless: you have consented to thelr release: or we are legally obllged to dlsclose them: or ' we regard dlsclosure as elther (a) ne￿SSary sothat*e can properly carry out our statutory functions or (b) ne￿SSary In the public interest. We may share and dlsclose Infomatlon aboutwu wlth relwdnt pubLlc authorftles. regulatory bodles and agencles. outslde the Charity Commlsslon but only if: ' we can lawfully do so; and we decldethat dlsclosure Is necessaryfor natlonalsecurlty. crlme detectlon. preventlon, and law enforcernent, oi other Sssues In the publlc interest Informatlon collect ab0[rt￿U Wewlll usethls Informatlon: To enable us to carry out our ststutoryfunctlons and dutles: This will includethe folLryHSng actlons: (a) update, consolldate, and Improvethe accuracy of our records: (b) undertake crime detectlon and preventlon and law enforcement and asslst the thlrd partles specified aboveto imstigate or prevent crlme and carry out law enforcement: (c) data analysis, testing. research, statisticaland survEy purposes Information we receivefrom other sources. Information we receivefrom other sources We may combinethis information with information you gl%e to us and Information we collect aboutyou. We may usethis information and the combined informationforthe purposes set out above (depending on thetypes of information we receive). http5.'Ilportal updat&charity4elails.5eMce_gov.uklgrouplannuakrettJrTr202Wprint 415

4120r23. 12 30 PM Print 3nnu31 return I ChaTity Cotnmission Wewill ensurethat any such disclosure and use is proportionate: considers your right to respect foryour private life" and is done fairly and lawfuLly in accordance with the data protection principLes of the Data Protection )£t. The Data Protection Act1998 regulates the use of 'personaldata'. which is essentially any information. however stored. about Identlfiable Ilvlng Indlvlduals. s a'data controlLerf underthe Act. the Charity Commission must complywith it. Any changes we may make to our privacy statement in thefuturewill be set out in the replacement version of thisforrn. PLease check backf￿qUenttyto see any updates Of changesto our prfvacy poucy. Declaration Thls annual return has not been submitted and no Declaratlon has been made By clicking'Accept'. you agree to the storing ofcookies on yourdevice to enhance site functionality including analytics. targeting and personalisation http5.'Ilportal updat&charity4elails.5eMce_gov.uklgrouplannuakrettJrTr202Wprint 515

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Document Details

Title Upsign Network - June 22 Accounts File Name Upsign Full Accounts YE 30.6.22 - V2.pdf, Annual Return 2022-Final.pdf Document ID fcdac0befe1e492198dd02def479dfb4 Fingerprint 8f876635c06925c4d8afb5f8a44b58a2 Status Completed

Document History

Document Created	Document Created by AccounTax Zone ([e-mail]) Fingerprint: 8ef1fd24a48c96fc6cabd1d12e114fac	20 Apr 2023 07:38AM UTC
Document Sent	Document Sent to Dr Khalid Mahmood ([e-mail])	20 Apr 2023 07:38AM UTC
Document Viewed	Document Viewed by Dr Khalid Mahmood ([e-mail]) IP: 82.3.90.38	20 Apr 2023 07:47AM UTC
Document Signed	Document Signed by Dr Khalid Mahmood ([e-mail]) IP: 82.3.90.38	20 Apr 2023 07:57AM UTC
Document	This document has been completed.	20 Apr 2023
Completed	Fingerprint: 8f876635c06925c4d8afb5f8a44b58a2	07:57AM UTC