REGISTERED COMPANY NUMBER: 11636766 (England and Wales) REGISTERED CHARITY NUMBER: 1193751
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2022
FOR
AMFAAH SMALL KINDNESS
Watergates Ltd 109 Coleman Road Leicester LE5 4LE
AMFAAH SMALL KINDNESS
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2022
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Page
Trustees' Report 1
Statement of Financial Activities 2
Statement of Financial Position 3
Notes to the Financial Statements 4 to 7
Detailed Statement of Financial Activities 8
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AMFAAH SMALL KINDNESS
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST OCTOBER 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st October 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
11636766 (England and Wales)
Registered Charity number
1193751
Registered office
Amfaah Small Kindness 5 - 9 Robinson Road Leicester Leicestershire LE5 4NS
Trustees
Mr N Dhada Businessman Mrs M R Vindhani Self Employed Mr. M R Vindhani Self Employed
Company Secretary
Approved by order of the board of trustees on 15th May 2023 and signed on its behalf by:
Mr. M R Vindhani - Trustee
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AMFAAH SMALL KINDNESS
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST OCTOBER 2022
| 31/10/22 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 122,321 EXPENDITURE ON Raising funds 2 43,620 NET INCOME/(EXPENDITURE) 78,701 RECONCILIATION OF FUNDS Total funds brought forward 4,987 TOTAL FUNDS CARRIED FORWARD 83,688 |
31/10/21 Total funds £ - 13 (13) 5,000 4,987 |
|---|---|
The notes on page 0 form part of these financial statements
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AMFAAH SMALL KINDNESS
STATEMENT OF FINANCIAL POSITION 31ST OCTOBER 2022
| Notes CURRENT ASSETS Debtors 5 Cash at bank |
31/10/22 31/10/21 Unrestricted Total fund funds £ £ 300 - 83,988 4,987 |
|---|---|
| CREDITORS Amounts falling due within one year 6 |
84,288 4,987 (600) - |
| NET CURRENT ASSETS | 83,688 4,987 |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
83,688 4,987 |
| NET ASSETS | 83,688 4,987 |
| FUNDS 7 Unrestricted funds |
83,688 4,987 |
| TOTAL FUNDS | 83,688 4,987 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 15th May 2023 and were signed on its behalf by:
Mr. M R Vindhani - Trustee
The notes on page 0 form part of these financial statements
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AMFAAH SMALL KINDNESS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2022
1. ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
INCOME
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
EXPENDITURE
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
TAXATION
The charity is exempt from corporation tax on its charitable activities.
FUND ACCOUNTING
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. RAISING FUNDS
RAISING DONATIONS AND LEGACIES
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|31/10/22|31/10/21|
|£|£|
|Support costs|1,111|13|
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AMFAAH SMALL KINDNESS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST OCTOBER 2022
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st October 2022 nor for the year ended 31st October 2021.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31st October 2022 nor for the year ended 31st October 2021.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| EXPENDITURE ON Raising funds |
Unrestricted fund £ 13 |
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|---|---|---|---|
| NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward |
(13) 5,000 |
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| TOTAL FUNDS CARRIED FORWARD | 4,987 | ||
| 5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors |
31/10/22 £ 300 |
31/10/21 £ - |
|
| 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals and deferred income |
31/10/22 £ 600 |
31/10/21 £ - |
|
| 7. MOVEMENT IN FUNDS Unrestricted funds General fund |
At 1.11.21 £ 4,987 |
Net movement in funds £ 78,701 |
At 31.10.22 £ 83,688 |
| TOTAL FUNDS | 4,987 | 78,701 | 83,688 |
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AMFAAH SMALL KINDNESS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST OCTOBER 2022
7. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 122,321 122,321 |
Resources expended £ (43,620) (43,620) |
Movement in funds £ 78,701 78,701 |
|---|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund |
At 1.11.20 £ 5,000 |
Net movement At in funds 31.10.21 £ £ (13) 4,987 |
|---|---|---|
| TOTAL FUNDS | 5,000 | (13) 4,987 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund |
Incoming resources £ - |
Resources expended £ (13) |
Movement in funds £ (13) |
|---|---|---|---|
| TOTAL FUNDS | - | (13) | (13) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Net At movement At 1.11.20 in funds 31.10.22 £ £ £ 5,000 78,688 83,688 5,000 78,688 83,688 |
|---|---|
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AMFAAH SMALL KINDNESS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST OCTOBER 2022
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 122,321 122,321 |
Resources expended £ (43,633) (43,633) |
Movement in funds £ 78,688 78,688 |
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8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st October 2022.
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AMFAAH SMALL KINDNESS
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST OCTOBER 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations |
31/10/22 31/10/21 £ £ 122,321 - |
|---|---|
| Total incoming resources EXPENDITURE Support costs Management Postage and stationery Sundries |
122,321 - 1 - - 13 |
| Other Donations Governance costs Accountancy and legal fees |
1 13 42,496 - 1,123 - |
| Total resources expended | 43,620 13 |
| Net income/(expenditure) | 78,701 (13) |
This page does not form part of the statutory financial statements
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