ALPIIABETICAL ORDER OF LEBANON (A Company limited by gu&r2nteel TRUSTEES, REPORT AND FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2021 Company No: 12373898 Charity No.. 1194128
ALPHABETICAL ORDER OF LEBAF40N FOR THE YEAR ENDED 31 DECEMBER 2021 CONTENTS Pages Legal and administrative infomiation Trustees. report Independent examiners, report Siaiemeni of Financi A¢tivities Balance sheet Cath Flow Statement Notes to the financial statements 8-12
ALPHABETICAL ORDER OF LEBANON LEGAL Af4D ADMINisfiL4TIVE INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2021 LEGAL AND ADmIlYIRATIVE IP4FORMATION General IllformAtio Alphabetical Ord¢r of Lebanon 32 The Woodlands Esher Su¢Y. KTIO 8DB Registered orriee 12 The Woodlands Esher, Suryey, KTIO 8DB www.al habeticalorder.or enl Regist¢r¢d Charity No.. Company No.. 1194128 12373898 Current Executive Committee rfrustee5) J Bahout MA Chidiac M Chidiac A Murr S Yazigi F Haddad Auditor Haysmacintyre LLP 10 Queen Strttt Place London EC4R IAG B8nk BEMO 26, Boulevard Royal L-2449 LuxemEourg
ALPHABETICAL ORDER OF LEBANON TRUSTEES, REPORT FOR THE YEAR ENDED 31 DEcEIBER 2021 The Trustee5 present their rerM)rt and the fancial statements for the year ended 31 December 2021. The Gharitable Company wa5 Incorporat on 20 DeceTnber 2019. The aOunt$ have be¢n prepared for th¢ year to 31 December 2021. with comparatives forthe period from 20 December 2019 10 31 December 2020. The charitable company received charitable status on 19 April 2021. The financial statements comply with lh¢ Charities Act 2011. th¢ Companies Act 2006, the Memorandum and Articles of Association. and Accounting and Reporting by Charities.. Statement of Re¢ommended Practice applicable to charities preparing theiraccounts in accordance with the Financsal Reportln8 Standard applicable in the UK and RepLiblic of Ireland (FRS 102) (Second Edition) eff¢¢tive l January 2019. Ob'ectives and i?Ctivities Alphaltica5 Ordevs purpose is to provide individuals in Lebanon, especially young people. from lower-inrne backgrounds with the ¢ducation and th¢ m¢ans to better their lives and improve the prospects of their famili¢s and communities. The charity gratits tuition subgidies to school children. administers school dev¢lopment aid and manages education and poverty relief projects. .Publi¢ B¢nefit St#tem¢nt The Trusteesof Alphabetical Orderof Lebanon confim) that ihey have complied with the duty in Section 17 ofthe Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission in determining the activitie5 undertaken by the Charity. AehieYementS And erfortnAnte In 2021 the charity has raised funds from ¢orporaie. Associative and individual donors, and has subsidised th¢ 2020-2021 academic year tuition fte5 of169 h(K)Ichildren from lower-income families at four Leban¢s¢ s¢hools loced in Beirut, Tripoli, Tyre and the Bekaa. In September 2021 Alphabeti¢al Order launched its web-based campaign and digital payment plarform that 8IIow5 donors internationally to support the education of children from low-income backgrouThds at any school of their choice registered Otl the platfomi. FinAncial review includin reserves olic The results for the year are shown in the Statement of Financial Activities on page 5. There was a deficit of $17.890 in the year (31 Decemb¢r 2020." surplus of $51,640). The Statement of Financial ActlVLties shows income for the year of S35.579 {2020.. $130.96T) and expenditure of $53,55912020: $79,327). Th¢ Tru5te¢5 confirnj that they have identified and reviewed the major risk to which the charity is expBed and hav¢ established systems to mitl8ate those risks. such as re8ular meetings of the Board of Trustees and the use of Professional advisors where necessary. These include ensuring that the Board is appropriately fulfilling its reSnSIbIlitieS under the Companies Act 2006 and Charities A¢t 2011. At 31 Decetnber 2021 the Charity held total ndS of $33,660 (2020.. $51,640) of which $8,831 comprised restricted funds (2020.. Snil). The retnainin8 funds of $24,289 (2020-. $51,640) romprise the free resetves of the charity. Given that the Charity has few CoTnled costs and that the majority of the expenditllre is in relation to grants and donations which are made having considered the funds availBblc to the TTUStees. the Trusiees are satisfied that ttie level of reseryes is appropriate.
ALPILIBETICAL ORDER OF LEBANON TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 Structure tsovern.lnee and munaoement The Charity is registered with the Charity Cotntnissiotl and is also a company limited by gllarantee. The Memorandllm and Articles of Association of the Company constitute thc governing document. The governing bY of the Charity is the Board of TTUStees. The Trustees are rc5ponsible for setting strategses and policies for the charity and for ensuring that these are implemented. During the year of these financial 5tatetnents and the previou5 yeaT the Charity did nor employ any Staff and the day to day management of the Charity was carried out by th¢ Trustees. The Tru5te¢s are appointed by the ttvstee$. p¢r the Goveming Document. Res 0Thsibilities of Trustees Th¢ TNstees, as directors of the chaTitabl¢ company. are Tesponsible for PTeparittg The Trustees Report and the financial staiements in a¢cordance with applicable law and regulations. Company law requires the director5 to prepare fLnan¢ial $tateTnents for ea¢h flnancial year. Under that law the directors have electcd to prepare the financial 5tatement5 in accordance with Uniied Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under ¢ompany law the directors must not appTOV¢ the financial statements unless they are satisfied that they give a true and fair view of the stste of affairs of th¢ Company and of the profit or loss of the company for that period. In preparing these finatlcial statements, the diiectOTS ate required to.. select suitable accounting policies and then apply them ¢onsist¢nily' • obsetve the methods and principles in the Charities SORP. • make judgments and a¢¢ounting estimates that are reasonable and prudent- State whetherapplicable UK Accoutlting Sta]]dardshave been follow¢d, subject to any material departures disclosed and explained in the finaThcial statements. prepare the financial statements on the going concern basis unless it is inappropriat¢ to presume that the eompany will continue in business. The directors are responsible for keepin8 adequatc accounting recordsthat are suffi¢ient io show and explain th¢ company's transactions and disclose with reasonable accuracy at any time the financial position of the company and ¢nable them to ensur¢ that the finan¢ial statemeois comply with th¢ Cojnpanies Act 2006. They are also respons2ble for safeguarding the assets of the company and hence ftir iaking reasonable steps for the prevention and detectiotl of fraud and other irregularities. Approv¢d by the Trllst¢¢s on 26 September 2022 and signed on their behalf by M Chidiac, Trustee
ALPHABETICAL ORDER OF LEBANON INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES l Teport to th¢ TTUStees on my ¢xamination of the ac¢ounts of Alphabetical Order of Lebanon for the year ended 31 December 2021 which are set out on pages 5 to 12. Respectlve respon$ibiliti¢s of tru$t¢es and ex9miner The trustte5 {who are also the diTecton ofthe company forthe purpos¢sofcompany law) are responsible forthe preparation of the accounts in accordance with the wuirettLent5 ofthe Companies Act 2006 C'the 2006 Act"). The tnjstees are satisfied that an audit is not required for this ycar under section 14412) of the Charities Act 2011 (the 2011 A¢t) and have chosen instead to have an independent examination. Having Satisfied Tny5elf that the accounts of the ¢haritable company are not required to b¢ audited under Part 16 of th¢ 2006 Act and are eli8ible for independent examinatlon. E report in respect of my examination of the charitable company's aOUnts as carried out under section 145 of the 2011 Aet. In caryingout my exatnination I have followed th¢ requirett2ents of the applicable Directions given by the Charity Commission under stttion 145{5)(b) of the 2011 Act. Independent examiner's ststement I can confjrm that l asn qualified to undertake the examinaiion because l am a registered member of The Institute of charted Accountants of Scotland whieh is one of the listed bodie5. I have ¢ompleted my examination. l ¢onfimi that no matters hav¢ come to my attention giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 A¢t' or the accounts do not accord with those records. or thc accounts do 0t comply with the accounting requirements of se¢tion 396 of the 2006 Act other than any r¢qllirement thatthe accounts give a'true and fair view which is not a matter con5ideTed as part of an independent examination. or the accounts have not been prepared in accordan¢¢ with the methods and prineiples of the Statement of Recommended Practice for accounting and repOllg by ¢harities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appli¢abl¢ in the UK and Republic of Ireland (FRS 102)- I not¢ thatthe prior year comparative fjgureswere not subjectto independent examinatiott on the groundsthai Alphabetical Order of Lebanon did not receive charitable status until 19 April 2021 and accordingly there was no statutory requirement for independent examinaiion. Aside from this, I have no concerns and have come across no other matters in connection with the exaTtJinaiion to which attention should be drawn in this report in order to enable a proper understanding of the account5 to be reach. Steven Harper CA DChA Hay5maGintyre LLP 10 Queen Street Place London EC4R IAG Date.. 27 Septeinber 2022
ALPHABETICAL ORDER OF LEBANON STATEMENT OF FINAf4CJAL AcfiviTIES Uneorporating Income and Expenditure a¢count} FOR THE YEAR ENDED 31 DECEMBER 2021 2021 Total Futsds 2020 Totsl FuDds Restrlcted FuDd5 UMrestriet¢d Funds INCOME FROM: Notes Donations 8,831 26,748 35.579 130,967 Totsl 8.831 26,748 35,579 130,967 EXPENDITURE ON: Ch#ritsble txpenditure: Development costs 53.559 53,559 79.327 Totsl 53559 53.559 79.327 Net movement in fund$ 8,831 {26,811) (17,980) 51,640 Transfer between funds Recon£ilRation of funds Total funds brought forward 51.640 51,640 Tol41 funds carried fonvard 8,831 24,829 33,660 51,640 Th¢ stot¢ment of financial activities includes all gains and105ses recognised in the year. All irt¢ome and expenditure derive from continuing aciivities. Notes on page$ 8 to l2 form an integral part of these a¢counts.
ALPHABETICAL ORDER OF LEBANON Company Number: 12373898 BALANCE SHEET AS AT 31 DECEMBER 2021 Charity 2021 2020 Note5 CURRENT A&8ETS Debtors Cash at bank and in hand 8,376 34,569 60.947 42.945 60,947 CREDrfoRS: amounts falling du¢ within one year (9,285) (9,307) NET CURRENT ASSETS 33.660 51.640 r4ET ASSETS 33.660 51,640 FUNDS Restricted fund5 Unrestticted funds 8,831 24,829 51,640 33,660 51,640 The Directors state.. (a) For the year ended 31 Dtrxmber 2021 ihe Charitable Company wos entitled to ¢x¢mptioTh under SectjOD 477 of the Companies Aci 2006. (b} rjo notict from DiTtOrS requiring an audit ha5 been dtposited under stion 476 of the Companies A¢t 2006. (c) the Director5 acknowledge their responsibilities for.. (i) ensurtng that th¢ chariiabl¢ ¢ompany keeps a¢¢oun¢ing Te¢ords wha¢h Comply with Section 386 of the Compani¢5 A¢t 2006, and (li) preparing financial #atements which give a true and fair view of the slate of affairs of the charttable company as at the end of the financial year, and of its income and exp¢nditur¢ for the fInancial year. in accord8n¢e with the requirernents of Sections 394 and 395 and which othenYi5e comply with the requirement5 of the Colnpanies Acr 2006 relaiing to accounts. so far as applicable to the charitable company. (d) The accounts have bEen prepared in accordanc¢ with the special provisions relating to small companies wiihin Part 15 of th¢ Compatties A¢t 2006 The finan¢ial siat¢ments were approved and authoris¢d for issu¢ by the Trnstees on 26 Septeinber 2022 and signed on their behalf. by-. M Chsdiac Tnte¢
ALPHABETICAL ORDER OF LEBANON CASH FLOW sTATET FOR THE YEAR ENDED 31 DECEMBER 2021 Total funds 2021 Totsl funds 2020 C35h in flow5 from operating activitie5 (26.3781 60.947 Cash flows from investing a¢tivitles: cAfh provlded by (usedlh) lftvesilhR acilvilles Increase in CAsh and cash equivalents in the reporting period (26.378) 60,947 Cish And tash equivalents #t the beginning of tbe reporting period 60.947 C#$h and cash equival¢nts at the ¢nd of the reporting period 34.569 60,947 2021 2020 Reconciliation of net moverneDt in funds to eash fltsw from operating activitie5 Net movement in funds (Increase)/decrease in debtors Jncreasel(de¢reas¢l in ¢r¢ditors (17.980) 18.3781 (20) 51,640 9,307 Net c#$h provided by in operating activities 126,378} 60.947 An&lysis of cash 8nd c95h equivglents 2021 2020 Cash in hand 34,569 60,947 Total cash tash equivalents 34569 60.947
ALPHABETICAL ORDER OF LEBANON NOTES TO THE FINANCIAL STATEMENTS FOR THE TrTAR ENDED 31 DECEIKBER 2021 ACCOUNITNG POLICIES B#si$ of Preparation The financial 5t&tetnents have been prepared in accordancewith Accountin8 and Reportingby ChaTiti¢s'. Statement of Recommended Prdctice applicable to charities preparing their accounts in accordance with the Finao¢ial Repx)ning Stsndard applicable in the UK and Republi¢ of Ireland IFRS 102)- (Charities SORP (FRS1021). the Financial Rekx)rt2ng SiandaTd applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Alphabetical Order of Lebanon m¢¢ts the d¢fJnition of a public benefit entity under FRS102. Assets and liabilities are Lllltially recogni5ed at historical cost or transaction value unles5 Otherwise stated in the relevant accounting policy notCS. Going concern During the year ended 31 December 2021 the charity made a defJc2t of $17,980 {2020.' surplus $51,640) and had retained Lssets of S33,660 (2020-. $51,640) as at that date. The finan¢io1 statements have been prepared on a going concern basis, and ihe trustees are satisfled that they have not identified any mateTial uncertainties in relation to this. The tmstees note that the ¢haTity has few ongoing committed expense atld that grants made vary depcndin8 on the funds available. The trustees have reviewed the charity's liabilitie5 over the next 12 months and consider the or8anisation to be a going concern. Company st#tu$ The company is a company limited by 8uar8ntee registered in England and Wales, and a charity re8lStered with the Charity Commission.. The members of the company are the trustees named on page l. In the event of the company bEing wound up. the liability in respect of the guarantte i5 litnited to $1 per member of the company. Fund aecounting General funds are unrestricted filnds which are available for use at the discretion of the Trustee5 in furtheran¢¢ of th¢ g¢neral obje¢tiv¢s of lh¢ ¢ompany and which have not been designated for other purFOS¢S. Restri¢ied funds are funds which are to be used in accordance with specific restric¢ions imposed by donors which have been raised by the company for particular pUr5¢S. The c05t of raising and administering such fund5 are charged against the specific lld. The aim and use of each restricted fvnd is set out in thc notes to the financial statem¢nts. Income All in¢om¢ is rewgnised on¢¢ th¢ ¢harity has ¢niitl¢ment to income, it is probable that incom¢ will b¢ received and the amount of inwme receivable can be measured reliably. Expenditure All expcnditure is accounted for on an accrnals basis and ha5 been included under expense categori¢s that 38gr¢gate all wsts for allocation to a¢tiviti¢s. Where costs ¢annot E¢ dire¢tly attributed to particulara¢tivities they have been allocated ot) a basis consisient wilh the use of the resources. Direct Costs, including directly attribuiable Salaries, are allocated on an actual basis to the key strategic area of activity. Overhead5 and other salaries are allocated between the expenses headings on the ba5i5 of time spent. Support costs ar¢ those costs incuJr¢d dir¢ctty in support of expenditure on the objects of the Charity And are allocated on the basis of staff cost. Governance costs are those incurred in connection with enabling the Charity to comply with external regulation, constitutional and statutory requirements and in providing support to th¢ Trustees in the di&¢harge of their statutory duties are tsow ap]x)rtioned on the s8me basis as the support costs. Foreign eurrencie5 rransactions in foreign currencses are recorded at the rate ruling at the date of the transaction. Monetary wets and liabilities are retranslated at the rat¢ of exchange wling at th¢ balance Sheet date. All differenc¢s ar¢ taken to the SOFA. The company'5 functional and presentational currency is USD.
ALPHABETICAL ORDER OF LEBANON NOTES TO THE WINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 VAT The charity is not registered for VAT and expenses therefore include an element of irrecoverable VAT. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts du¢. Cash gt bank and in hgnd Cash ai bank and ¢ash in hand includes wh and short tern highly liquid investments. Creditors and provision5 Creditors and provision5 are recogni5ed where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds tt) a third paity and the amount due to settle the obligation can be me&sured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after a]lowing for aThy trade discounts due. Volunteers The average monthly number of volunteers, includin8 tru5tee5. during the year was 1712020- 17). 21121 No. 2020 P40. TTUStees Volunteers 17 17 E5tirnates and Judgements Estimates and judgements are continually evaluat and are basrd on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstan¢es. Although these estimates are based on the tsi&e¢'s b¢st knowledge of the amount, events or actions, actual results ultimaiely differ from these estimates. The Twsiees do not consider there io be any Tnateri21 estimates atMI judgements. CHARITABLE ACTIVITIES Restrieted Funds Unrestrleted To¢21 funds Funds 2021 Total funds 2020 Donations 8,831 26,748 35,579 130,967 8,831 26,789 35.579 130.967 PRIOR YEAR ACTIVITIES Restricted Fuuds Unrestricted Funds Totsl fuDd5 2020 Donations 130,967 130.967 130,967 130,967
ALPHABETICAL ORDER OF LEBANON NOTES TO THE FINANCIAL STATEMEf4TS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021 3(a) CURREf4T YEAR EXPENDITURE Direct Costs Support Costs Total funds 2021 Total fund$ 2020 CharitibIe expenditnr¢ Developmeni cosls 27,653 25,906 53,559 79,327 Total expenditure 27.653 25,906 53,559 79,327 L¢gg1 & Professional eo$t$ Total eosts 2021 Total ¢o$ts 2020 Other Costs SUPPORT COSTS COMPRISE OF: Operational costs 925 24,981 25.906 33,614 925 24,981 25,906 33,614 3(b) PRIOR YEAR EXPENDrruRE Direct Costs Support Costs Total funds 2020 Charitable expenditure Development costs 45,713 33,614 79.327 L¢gal & Professional C05tS Total costs 2020 Other Costs SUPPORT cosrs COMPRISE OF: Operydtiona] costs 16,890 16,724 33,614 3(e) OTHER COSTS INCLUDE 2021 20211 Governance c05t5 (Note 4) Website and marketing Bank charges {GainyLoss on foreign ¢xchange 6,888 14,722 575 2.796 9,110 7.853 788 {1.027) 24.981 16,724 10
ALPHABETICAL ORDER OF LEBANON NOTES TO THE FINANCIAL STATEMEf4TS (eontinM¢d) FOR THE YEAR ENDED 31 DECEMBER 2021 GOVERNANCE COSTS 2021 2020 Audit & accountancy service5 6.888 9,110 TAXATION The ¢haTltabl¢ ¢ompany is ¢xempt from ¢or]y)ration tsx Is all its income is charitable and is applied for charitable purw5es. DEBTORS Charity 2021 2020 Other debtors 8,376 CREDITORS: amounts falling du¢ withill one year Charity 2021 2020 Other creditors Accruals 21 9,285 9,286 9,285 9,307 RELATED PARTY NOTE During the p¢riod there w¢re no reiat¢d party transactions to note.
ALPHABETICAL ORDER OF LEBANof4 NufES TO THE FINANCIAL STATEMENTS {tontinudl FOR THE IfAR ENDED 31 DECEMBER 2021 STATEMEIYTOF FUNDS CURRENT YEAR Brought Fonyard Incomt Expenditure Trdnsfer5 Carried Forwird GENERAL FUNDS General Charitable funds 5l.640 26,748 153.5591 24,829 Tot%1 general fuDd5 51,640 26,748 (53.559} 24,829 RESTRtcrED FUNDS Education Lebanon 8,831 8,831 Total restricted funds 8,831 8,831 Su01ARy OF FUNDS G¢neral ndS Restri¢ted funds 51,640 26,749 8,831 153,559) 24,829 8,831 Totsl fund5 51.640 35.579 (53.559) 33.660 STATEMENTOF FUNDS POR YEAR Brought Forward lrtcome ExptttdirC TraD5fers Carried Fonvard GENERAL FUNDS General charitable funds 130.967 {79.327) 51.640 Total gener•1 funds 130,967 (79.327) 51.640 During the year there was no restricted expenditure. Th¢r¢ was no restricted income or expenditure in the ryeviou5 year. 12