**CHARITY REGISTRATION NUMBER: 1196184**
**SUPPORTWISE Unaudited Financial Statements 31 July 2022**
**SUPPORTWISE Financial Statements Year ended 31 July 2022**
||**Page**|
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|Report of the Trustees|**1 to 2**|
|Statement of Financial Activities|**3**|
|Statement of Financial Position|**4**|
## **SUPPORTWISE Trustees' Annual Report Year ended 31 July 2022**
The trustees present their report and the unaudited financial statements of the charity for the period ending 31 July 2022.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered charity name** SupportWise **Charity number** 1196184 **Principal office** 26C Denver Road London N16 5JH **Trustees** Mr S Reiner Mr K Stein
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The charity is governed by a Declaration of Trust.
The power to appoint new trustees is vested in the current board. It is not the intention of the trustees of the charity to appoint any new trustees. Should the situation change in the future, the trusees will apply suitable recruitment induction and training procedures. The trustees administer the day to day running of the charity.
The trustees confirm that there are no major risks to which the charity is exposed.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objects of the charity are:
1. Our aim is to help disadvantaged people with access to grants, food packages and financial support (loans), whether directly or through other organisations in the UK and/or abroad.
2. To promote any other exclusively charitable objects and purposes as the trustees see fit, provided that they are regarded as charitable by the laws of England and Wales.
The trustees have considered the Charity Commission's general guidance on public benefit.
## **STRATEGIC REPORT**
The following sections for achievements and performance and financial review form the strategic report of the charity.
## **Achievements and performance**
No activity was undertaken during the year.
Page 1
**SUPPORTWISE Trustees' Annual Report** _**(continued)**_
## **Year ended 31 July 2022**
## **Financial Review**
Total incoming resources were £0. Total resources expended were £0.
The financial results of the charity's activities for the year to 31 July 2022 are fully reflected in the attached Financial Statements.
## **Reserve policy**
The trustees retain reserves as necessary and where appropriate, consolidate funds in order to make more substantial grants which they feel to be appropriate.
As at 31 July 2022, the charity had free reserves of £0.
The trustees' annual report and the strategic report were approved on 9 January 2024 and signed on behalf of the board of trustees by:
Mr S Reiner Trustee
Page 2
## **SUPPORTWISE Statement of Financial Activities Year ended 31 July 2022**
|**INCOME AND ENDOWMENTS**
Donations and grants
**Total income**
**EXPENDITURE**
Expenditure on charitable activities
**Total expenditure**
**NET INCOME/(EXPENDITURE)**
**OTHER INCOME**
**PROFIT FOR THE YEAR**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
**£**
-
-
-
-
-
-
-
-
-|Restricted
funds
-
-
-
-
-
-
-
-
**2022**|**Total funds**
**£**
**-**
**-**
-
-
**-**
-
-
**-**
**-**|
|---|---|---|---|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
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## **SUPPORTWISE Statement of Financial Position Year ended 31 July 2022**
|**FIXED ASSETS**
Tangible fixed assets
**CURRENT ASSETS**
Debtors
Cash at bank
**CREDITORS**
**Amounts falling due within one year**
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
General funds
Designated funds
**TOTAL FUNDS**|**£**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**2022**|
|---|---|
The financial statements were approved by the Board of Trustees on 9 January 2024 and were signed on its behalf by:
Mr S Reiner
Page 4