Charity No. 1197403
HARMONIA HOUSING
(Dormant Accounts) (A Charitable Incorporated Organisation) Annual Report and Financial Statements 01 April 2023 to 31 March 2024
Contents
Legal and administrative information
Report of the Trustees
Dormant Balance Sheet
Notes forming part of the financial statements
2
Legal and administrative information
Charity Number 1197403 Registered Address Fernwood House Fernwood Road Jesmond Newcastle Upon Tyne NE2 1TJ Trustees Leonard Sym James Beattie Fairweather (appointed 9 May 2024)
3
HARMONIA HOUSING
Trustees' Report
The Trustees present their annual report and accounts for the period ended 31 March 2024.
During this period, the charity had dormant accounts.
Structure, governance and management
The Charity is constituted as a Charitable Incorporated Organisation (CIO} Foundation, as a body corporate under Part 11 of the Charities Act 2011 on the 28 Jul 2017. The CID registered with the Charity Commission on the same day.
Trustees are legally responsible for the governance and management of the charity. Trustees are responsible of setting strategies and policies for ensuring these are implemented.
Risk management
The charity's 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 the risks and to mitigate any adverse outcomes.
Objectives and activities
The object of the CIO is:
For the public benefit to relieve the charitable needs of those who are homeless, at risk of homelessness, in financial hardship, disabled and the elderly throughout England by:
(1). The provision, maintenance and management of affordable adapted residential and other accommodation.
(2). The provision of advice and assistance in matters relating to their housing needs
The CIO was dormant during this period.
Financial review
No transaction took place during this period.
Future plans
Harmonia House (Charity no 1197403) is expected to start its fundraising soon.
4
Trustees' responsibilities statement
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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
This report was approved by the trustees on 29[th] May 2024. and signed on their behalf by:
JAMES BEATTIE FAIRWEATHER
Trustee
s
Harmonia Housing (1197403)
Balance Sheet as at 31 March 2023
(Dormant Accounts)
| Fixed assets Tangible assets Total fixed assets Current assets Stock and work in progress Debtors Cash at bank and in hand Liabilities Creditors: amounts falling due within one year Net current assets Creditors: amounts falling due after one year Provision for liabilities Net assets Reserves |
£ 0 0 0 0 0 |
2024 £ 0 0 0 0 0 0 |
£ 0 0 0 0 0 |
2023 £ |
|
|---|---|---|---|---|---|
| 0 | |||||
| 0 | 0 | ||||
| 0 0 0 |
|||||
| 0 | |||||
| 0 |
Approved by the Board on 15[th] May 2024
And signed on its behalf by:
JAMES BEATTIE FAIRWEATHER
Trustee
6
Notes forming part of the financial statements for the year ended 31 March 2024
1. Accounting policies
- (a) Basis of preparation
The accounts have been prepared in accordance with the receipts and payments basis in accordance with the Charity Commission guidance.
- {b) Charity status
The Charity is constituted as a Charitable Incorporated Organisation (CIO) Foundation, as a body corporate under Part 11 of the Charities Act 2011on the 28Jul 2017. The CIO registered with the Charity Commission on the same day.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
(d) Receipts
All incoming resources are included in the Receipt & payment Accounts when the charity actually obtains legally entitled income.
(e) Payments
All expenditure is accounted for on payments basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
2. Member liabilities
The members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
3. Debt outstanding
There is no particulars of any debt outstanding at the date the statement of assets and liabilities.
4. Related
Parties
Controlling entity
The charity is controlled by the trustees. During the year the Trustees received no emoluments or incurred any expenses using Trust funds.
7
Charity No. 1197403
HARMONIA HOUSING
(Dormant Accounts) (A Charitable Incorporated Organisation) Annual Report and Financial Statements 05 January 2022 to 31 March 2023
Contents
Legal and administrative information
Report of the Trustees
Dormant Balance Sheet
Notes forming part of the financial statements
2
Legal and administrative information
Charity Number 1197403 Registered Address Fernwood House Fernwood Road Jesmond Newcastle Upon Tyne NE2 1TJ Trustees Leonard Sym James Beattie Fairweather (appointed 9 May 2024)
3
HARMONIA HOUSING
Trustees' Report
The Trustees present their annual report and accounts for the first period ended 31 March 2023.
During this period, the charity had dormant accounts.
Structure, governance and management
The Charity is constituted as a Charitable Incorporated Organisation (CIO} Foundation, as a body corporate under Part 11 of the Charities Act 2011 on the 28 Jul 2017. The CID registered with the Charity Commission on the same day.
Trustees are legally responsible for the governance and management of the charity. Trustees are responsible of setting strategies and policies for ensuring these are implemented.
Risk management
The charity's 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 the risks and to mitigate any adverse outcomes.
Objectives and activities
The object of the CIO is:
For the public benefit to relieve the charitable needs of those who are homeless, at risk of homelessness, in financial hardship, disabled and the elderly throughout England by:
(1). The provision, maintenance and management of affordable adapted residential and other accommodation.
(2). The provision of advice and assistance in matters relating to their housing needs
The CIO was dormant during this period.
Financial review
No transaction took place during this period.
Future plans
Harmonia House (Charity no 1197403) is expected to start its fundraising soon.
4
Trustees' responsibilities statement
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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
This report was approved by the trustees on 15[th] May 2024. and signed on their behalf by:
JAMES BEATTIE FAIRWEATHER
Trustee
s
Harmonia Housing (1197403)
Balance Sheet as at 31 March 2023
(Dormant Accounts)
| Fixed assets Tangible assets Total fixed assets Current assets Stock and work in progress Debtors Cash at bank and in hand Liabilities Creditors: amounts falling due within one year Net current assets Creditors: amounts falling due after one year Provision for liabilities Net assets Reserves |
£ 0 0 0 0 0 |
2023 £ 0 0 0 0 0 0 |
£ 0 0 0 0 0 |
2022 £ |
|
|---|---|---|---|---|---|
| 0 | |||||
| 0 | 0 | ||||
| 0 0 0 |
|||||
| 0 | |||||
| 0 |
Approved by the Board on 15[th] May 2024
And signed on its behalf by:
JAMES BEATTIE FAIRWEATHER
Trustee
6
Notes forming part of the financial statements for the year ended 31 March 2023
1. Accounting policies
- (a) Basis of preparation
The accounts have been prepared in accordance with the receipts and payments basis in accordance with the Charity Commission guidance.
- {b) Charity status
The Charity is constituted as a Charitable Incorporated Organisation (CIO) Foundation, as a body corporate under Part 11 of the Charities Act 2011on the 28Jul 2017. The CIO registered with the Charity Commission on the same day.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
(d) Receipts
All incoming resources are included in the Receipt & payment Accounts when the charity actually obtains legally entitled income.
(e) Payments
All expenditure is accounted for on payments basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
2. Member liabilities
The members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
3. Debt outstanding
There is no particulars of any debt outstanding at the date the statement of assets and liabilities.
4. Related
Parties
Controlling entity
The charity is controlled by the trustees. During the year the Trustees received no emoluments or incurred any expenses using Trust funds.
7