2023-03-31-accounts - The Albania UK Charity

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CHARITY REGISTRATION NUMBER: 1196710

The Albania UK Charity Financial Statements & Annual Report

31 March 2023

The Albania UK Charity

Financial Statements and Annual Report

Year ended 31 March 2023

	Page
Trustees' annual report	1
Statement of financial activities	7
Statement of financial position	8

The Albania UK Charity

Trustees' Annual Report (continued)

Year ended 31 March 2023

The trustees present their report and financial statements of the charity for the year ended 31 March 2023.

Reference and administrative details

Registered charity name The Albania UK Charity Charity registration number 1196710 Principal office Unit 1 Block 2 Albert Trading Estate Albert Close Whitefield MANCHESTER M45 8EH The trustees Avni Brucaj Sokol Sakaj Alda Sakaj

- 1 -

The Albania UK Charity

Trustees' Annual Report (continued)

Year ended 31 March 2023

Structure, governance and management

The Albania UK Charity is constituted as a Charitable Incorporated Organisation (CIO). The CIO was registered with the Charity Commission on 22[nd] November 2021 with its charity number being 1196710.

The CIO is governed by a board of trustees. Trustees meet at least once per calendar year. They are elected and opted under the terms of the Articles of Association. A third of the trustees retire at each Annual General Meeting and are eligible for re-election at that time. Overall responsibility for the management of The Albania UK Charity rests with the board of trustees.

All major decisions are taken collectively by the trustees and all the trustees give of their time freely. The trustees are unpaid and details of any related party transactions are disclosed as applicable in the notes to the accounts. The arrangement for setting the pay for any charity employees are the sole domain of the trustees.

Risk review

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the CIO, and are satisfied that systems are in place to manage our exposure to the major risks.

Report back and review procedures strengthen these safeguards to ensure public benefit is achieved from all grants.

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The Albania UK Charity

Trustees' Annual Report (continued)

Year ended 31 March 2023

The objects of the charity are:

The relief of financial hardship, either generally or individually, of people living in the UK or Albania, by making grants of money for providing or paying for items services or facilities.

Public benefit

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities and setting grant making policy for the year.

Grant making policy

The charity will, in future, be funded by donations and grants. The charity does not currently give out grants.

The application of the funds is normally by way of direct charitable activity and supporting the activity of affiliated organisations.

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Aclileveiiieiits aiid porforinance Tliere was 110 aclivity in tliis first period of tlie Cliarily. Fli)aiicial revlew The cliarity ceiVed £0 in donatioiis aiid £0 in grarits. There was no expenditure. Future expendilure will be made In line with the stated objects of the charity. Tliere were no niaterial fLindraising costs during the year, There were no related party transactions In the reporting period. Reserves pollcy In considering the financial obligations of the charity, the trustees have resolved to maintain a reserve equal to between three and six months charity expenditure. The reserves currently stand at £0. The trustees, annual report was approved on 4 February 2025 and signed on behalf of the board of trustees by: Avni Brucaj Chair of Trustees

The Albania UK Charity

Recei ts and a ments accounts p p y

CC16a

For the period from	22/11/2021	To	31/03/2023

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 0 - - - - - - - 0 - - 0 0 0 - -	Restricted funds to the nearest £ 0 - - - - - - - 0 - - 0 0 0 - -	Endowment funds to the nearest £ 0 - - - - - - - 0 - - 0 0 0 - -	Total funds to the nearest £ 0 - - - - - - - 0 - - 0 0 0 - -	Last year to the nearest £
	0				N/A
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	0				N/A

A2 Asset and investment sales,(see table).
	-
	-				-
*Sub total*	0				N/A
*Total receipts* A3 Payments
					N/A

	0	0	0	0	N/A
	-	-	-	-	-
	-	-	-	-	-

04/02/2025

CCXX R1 accounts (SS)

	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
**Sub total **	0	0	0	0	N/A

A4 Asset and investment purchases, (see table)
	0
	-
**Sub total **	0				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					N/A

	-	-	-	-	N/A
	-	-	-	-	-
	-	-	-	-	-
	0	0	0	0	N/A

Section B Statement of assets and liabilities at the end of the period

Details *Total cash funds* (agree balances with receipts and payments account(s))	Unrestricted funds to nearest £ 0 - - 0 OK	Restricted funds Endowment funds to nearest £ to nearest £ 0 0 - - - - 0 0 OK OK

04/02/2025

CCXX R2 accounts (SS)

Unrestricted funds to nearest £ - - - - - -	Restricted funds to nearest £ - - - - - -	Endowment funds to nearest £
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-

B3 Investment assets

B4 Assets retained for the charity’s own use

Details Details	Fund to which asset belongs Fund to which asset belongs	Cost (optional) - - - - - Cost (optional) - - - - - - - -	Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
		-	-
		-	-
		-	-
		-	-
		-	-
		-	-
		-	-
		-	-

04/02/2025

CCXX R3 accounts (SS)