**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. **- 2 -** ## **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. **- 3 -** 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) 1 ||**-**||**-**||**-**||**-**||**-**| |---|---|---|---|---|---|---|---|---|---| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| ||**-**||**-**||**-**||**-**||**-**| |**_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) 2 |**B2 Other monetary assets**|**Details**|**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) 3