Company Registration Number - 12392968 The Charity Registration Number is -1195158
CASA DE ORACION UK LTD Report and Accounts 31 January 2023
CASA DE ORACION UK LTD Charity registration number: 1195158 Company number: 12392968 Registered Office Adress: 111 Miles Road, Mitcham, CR4 3GE
Trustees’ annual report (including Directors’ report) for the period 1 February 2022 to 31 January 2023
The Board of Directors (who are also Trustees of Casa De Oracion UK Ltd for the purposes of Charity law) present their report and the financial statements for the year ended 31 January 2023.
Reference and Administrative Information
Charity name : CASA DE ORACION UK LTD. The charity is also known by its operating name, CASA DE ORACION UK.
Charity registration number : 1195158
Company number: 12392968
Registered Office Adress : 111 Miles Road, Mitcham, CR4 3GE
Legal structure of the charity
The charity is constituted as a company limited by guarantee, registered under the Companies Acts. The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.
There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.
By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.
The trustees are all individuals.
The following persons served as Trustees during the period ended 31 January 2023:
The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.
Corina Del Valle Rodriguez De Acosta
Marcelino Alberto Acosta Fernandez
Galo Rodrigo Espin Moncayo
All the trustees are also members of the charity.
Objects and activities of the charity
The purposes of the charity as set out in its governing document.
The main activities undertaken in relation to those purposes during the period.
The principal objective of the charity is alleviation of the poverty, the relief and assistance of persons facing financial hardship, sickness and poor health and the promotion of religious harmony for the benefit of the public.
In accordance with Section 4 of the Charities Act 2006 the trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
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CASA DE ORACION UK LTD Charity registration number: 1195158 Company number: 12392968 Registered Office Adress: 111 Miles Road, Mitcham, CR4 3GE
Financial review
The charity's financial position at the end of the period ended 31 January 2023
The financial position of the charity on 31 January 2023 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:
| Net Income Unrestricted Revenue Funds available for the general purposes of the charity Restricted Revenue Funds Total funds Financial review of the position at the reporting date, 31 January 2023. |
2023 £ 8,519 |
|---|---|
| 7,974 545 8,519 |
|
The Charity raised £48,550 during the year.
Statement as to disclosure of information to auditors
The trustees state that so far as each of the trustees at the time this report was approved are aware:
a) There is no relevant audit information (as defined by section 418(3) of the Companies Act 2006) of which the auditors are unaware, and
b) The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and establish that the auditors are aware of that
Statement of the Directors Trustees' Responsibilities
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP) .
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CASA DE ORACION UK LTD Charity registration number: 1195158 Company number: 12392968 Registered Office Adress: 111 Miles Road, Mitcham, CR4 3GE
In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:
• to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
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select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity
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will continue in business;
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state whether applicable accounting standards and statements of recommended practice have been followed,
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subject to any material departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They 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.
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the auditor in relation to the Trustees' report is limited to examining the report and ensuring that, the report is consistent with the figures disclosed in the financial statements.
Method of preparation of accounts - Small company provisions
The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016)
These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies’ regime.
Declarations
The company has taken advantage of the small companies’ exemption in preparing the report above.
The trustees declare that they have approved the trustees’ report (including directors’ report) above.
Signed on behalf of the charity’s trustees/directors:
on 25 October 2023
Corina Del Valle Rodriguez De Acosta
Director and Trustee
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CASA DE ORACION UK LTD Charity registration number: 1195158 Company number: 12392968 Registered Office Adress: 111 Miles Road, Mitcham, CR4 3GE
Independent examiner's report on the accounts
| Report to the trustees/directors/ members of |
CASA DE ORACION UK | CASA DE ORACION UK | ||
|---|---|---|---|---|
| On accounts for the year ended | 31 January 2023 | |||
| Charity no.: 1195158 Company no.: 12392968 Responsibilities and basis of report I report to the charity trustees on my examination of the accounts of the Company for the year ended31/01/2023. |
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| Charity no.: | 1195158 | Company no.: | 12392968 |
As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
Independent I have completed my examination. I confirm that no material matters have come to my attention examiner's which gives me cause to believe that: statement
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accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
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• the accounts do not accord with such records; or
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the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
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• the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Date: 24/10/2023 Name: Elena Madalina Salariu, for and on behalf of Smart Accounting & Finance Services LLP Relevant professional AAT membership number 20022396 qualification(s) or body (if any):
Address: 128 City Road, London, EC1V 2NX
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CASA DE ORACION UK LTD Charity registration number: 1195158 Company number: 12392968 Registered Office Adress: 111 Miles Road, Mitcham, CR4 3GE
Statement of financial activities (including summary income and expenditure account) for the period from 1 February 2022 to 31 January 2023
| Recommended categories by activity Income (Note 5) Income and endowments from: Donations and legacies Total Expenditure Expenditure on: Raising funds Total Net income/(expenditure) before tax for the reporting period Tax payable Net income/(expenditure) after tax before investment gains/(losses) Net gains/(losses) on investments Net income/(expenditure) Extraordinary items Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use Other gains/(losses) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward Unrestricted funds £ 11,382 11,382 3,725 3,725 7,657 - 7,657 - 7,657 - - - - 7,657 - 7,657 |
Unrestricted funds |
Restricted income funds |
Endowment funds |
Total funds | Prior year funds |
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| 11,382 | 37,168 | - | 48,550 | 41,460 | |
| 11,382 | 37,168 | - | 48,550 | 41,460 | |
| 3,725 | 36,306 | - | 40,031 | 17,420 | |
| 3,725 | 36,306 | - | 40,031 | 17,420 | |
| 7,657 | 862 | - | 8,519 | 24,040 | |
| - | - | - | - | - | |
| 7,657 | 862 | - | 8,519 | 24,040 | |
| - | - | - | - | - | |
| 7,657 | 862 | - | 8,519 | 24,040 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 7,657 | 862 | - | 8,519 | 24,040 | |
| - | - | - | - | - | |
| 7,657 | 862 | - | 8,519 | 24,040 |
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.
All activities derive from continuing operations.
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CASA DE ORACION UK LTD Charity registration number: 1195158 Company number: 12392968 Registered Office Adress: 111 Miles Road, Mitcham, CR4 3GE
CASA DE ORACION LTD - Balance Sheet as at 31 January 2023
| Fixed assets Intangible assets Tangible assets (Note 1.7) Total fixed assets Cash at bank and in hand Total current assets Net current assets/(liabilities) Total assets less current liabilities Total net assets or liabilities |
Unrestricted funds |
Restricted income funds |
Endowment funds |
Total this year |
Total last year |
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| - | - | - | - | - | |
| 3,142 | - | 3,142 | 3,647 | ||
| 3,142 | - | - | 3,142 | 3,647 | |
| 55,992 | - | - | 55,992 | 46,968 | |
| 55,992 | - | - | 55,992 | 46,968 | |
| 59,134 | - | - | 59,134 | 46,968 | |
| 59,134 | - | - | 59,134 | 50,615 | |
| 59,134 | - | - | 59,134 | 50,615 |
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
Corina Del Valle Rodriguez De Acosta
Trustee and Director
Approved by the board of trustees on 25 October 2023
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CASA DE ORACION UK LTD Charity registration number: 1195158 Company number: 12392968 Registered Office Adress: 111 Miles Road, Mitcham, CR4 3GE
Notes to the Accounts for the period from 1 February 2022 to 31 January 2023
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 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102).
1.2 Going concern
An explanation as to those factors that support the conclusion that the charity is a going concern;
Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
Not applicable Not applicable Not applicable
1.3 Change of accounting policy
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note 1.
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).
1.5 Material prior year errors
No material prior year error has been identified in the reporting period (3.47 FRS102 SORP).
1.6 Volunteers
In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.
However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note 2.
1.7 Tangible fixed assets
Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.
Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.
Plant and machinery
5 % straight line
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CASA DE ORACION UK LTD Charity registration number: 1195158 Company number: 12392968 Registered Office Adress: 111 Miles Road, Mitcham, CR4 3GE
A regular annual review of the likelihood of asset impairment is undertaken.
1.8 Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.
There are no endowment funds.
Note 2 The contribution of volunteers
The charity depends on the support of its volunteers, which is much appreciated. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements.
Note 3 Remuneration and payments to Trustees and persons connected with them
No trustees or persons connected with them received any remuneration from the charity, or any related entity.
Note 4 Ultimate controlling party
The charity is under the control of its legal members
Every member of the charity is obliged to contribute such amount as may be required not exceeding £1 to the assets of the company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
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