CHARITY REGISTRATION NUMBER: 1194687
CPW4LIFE Unaudited Financial Statements 31 May 2024
CPW4LIFE
Financial Statements
Year ended 31 May 2024
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Statement of financial activities | 3 |
| Statement of financial position | 4 |
| Notes to the financial statements | 5 |
CPW4LIFE
Trustees' Annual Report
Year ended 31 May 2024
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 May 2024.
Reference and administrative details
Registered charity name CPW4LIFE Charity registration number 1194687 Principal office Interface 100 Arleston Way Solihull B90 4LH
The trustees
J. Hauton M. Morris (Resigned 10 June 2023) C. Ward N. Foster J. Gibbons N. Mistry J. Montgomery A. Hill M. Chadry
Structure, governance and management
The Charity was constituted as a Charitable Incorporated Organisation (CIO) Foundation as a body corporate under Part 11 of the Charities Act 2011 on 7 June 2021. The CIO registered with the Charity Commission on the same day.
Trustees are legally responsible for the governance and management of the Charity and for setting strategies and policies to ensure that these are implemented.
Risk management
The trustees have considered the major risks to which the Charity is exposed and have reviewed potential risks. Systems and procedures have been put in place to manage any identified risks and to mitigate any adverse outcomes.
Objectives and activities
The governing scheme defines the Charity's objectives as:
To support people in Birmingham and the wider Warwickshire area with disabilities and the prevention or relief of poverty;
To do this by providing or arranging:
-
buildings, facilities or open space
-
necessary or essential services
-
advocacy, advice or information
1
CPW4LIFE
Trustees' Annual Report (continued)
Year ended 31 May 2024
Achievements and performance
The charity was dormant throughout the period.
Financial review
The charity was dormant throughout the period.
The trustees' annual report was approved on 16 April 2025 and signed on behalf of the board of trustees by:
J. Hauton Trustee
2
CPW4LIFE
Statement of Financial Activities
Year ended 31 May 2024
| 2024 | 2024 | ||
|---|---|---|---|
| Unrestricted | |||
| funds | Total funds | ||
| Note | £ | £ | |
| Income and endowments | |||
| Donations and legacies | 4 | 2,284 | 2,284 |
| ������� | ������� | ||
| Total income | 2,284 | 2,284 | |
| ������� | ������� | ||
| Expenditure | |||
| Expenditure on raising funds: | |||
| Costs of raising donations and legacies | 5 | 7 | 7 |
| Expenditure on charitable activities | 6,7 | 401 | 401 |
| ������� | ������� | ||
| Total expenditure | 408 | 408 | |
| ������� | ������� | ||
| ������� | ������� | ||
| Net income and net movement in funds | 1,876 | 1,876 | |
| ������� | ������� | ||
| Reconciliation of funds | |||
| Total funds brought forward | – | – | |
| ������� | ������� | ||
| Total funds carried forward | 1,876 | 1,876 | |
| ������� | ������� |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 5 to 7 form part of these financial statements.
3
CPW4LIFE
Statement of Financial Position
31 May 2024
| 2024 | ||
|---|---|---|
| Note | £ | |
| Current assets | ||
| Cash at bank and in hand | 1,876 | |
| ������� | ||
| Net current assets | 1,876 | |
| ������� | ||
| Total assets less current liabilities | 1,876 | |
| ������� | ||
| Funds of the charity | ||
| Unrestricted funds | 1,876 | |
| ������� | ||
| Total charity funds | 11 | 1,876 |
| ������� |
These financial statements were approved by the board of trustees and authorised for issue on 16 April 2025, and are signed on behalf of the board by:
J. Hauton Trustee
The notes on pages 5 to 7 form part of these financial statements.
4
CPW4LIFE
Notes to the Financial Statements
Year ended 31 May 2024
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Interface 100, Arleston Way, Solihull, B90 4LH.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
As the charity was dormant throughout the year no judgements, estimates or assumptions are required to have been made.
4. Donations and legacies
| Unrestricted | Total Funds | ||
|---|---|---|---|
| Funds | 2024 | ||
| £ | £ | ||
| Donations | |||
| Income from fundraising events | 2,284 | 2,284 | |
| ������� | ������� | ||
| 5. | Costs of raising donations and legacies | ||
| Unrestricted | Total Funds | ||
| Funds | 2024 | ||
| £ | £ | ||
| Costs of raising donations | 7 ���� |
7 ���� |
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CPW4LIFE
Notes to the Financial Statements (continued)
Year ended 31 May 2024
6. Expenditure on charitable activities by fund type
| Unrestricted | Total Funds | ||
|---|---|---|---|
| Funds | 2024 | ||
| £ | £ | ||
| Grants awarded | 401 | 401 | |
| ���� | ���� | ||
| 7. | Expenditure on charitable activities by activity type | ||
| Grant funding | Total funds | ||
| of activities | 2024 | ||
| £ | £ | ||
| Grants awarded | 401 | 401 | |
| ���� | ���� | ||
| 8. | Analysis of grants | ||
| 2024 | |||
| £ | |||
| Grants to institutions | |||
| Grants to institutions type 1 | 401 | ||
| ���� | |||
| Total grants | 401 | ||
| ���� |
9. Staff costs
The average head count of employees during the year was Nil.
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
10. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
11. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 June 2023 | Income | Expenditure | 31 May 2024 | ||
| £ | £ | £ | £ | ||
| General funds | – | 2,284 | (408) | 1,876 | |
| ���� | ������� | ���� | ������� | ||
| 12. | Analysis of net assets between funds | ||||
| Unrestricted | Total Funds | ||||
| Funds | 2024 | ||||
| £ | £ | ||||
| Current assets | 1,876 | 1,876 | |||
| ������� | ������� |
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CPW4LIFE
Notes to the Financial Statements (continued)
Year ended 31 May 2024
13. Financial instruments
The only asset of the charity is cash at bank which is recorded as the bank balance at the balance sheet date.
7