Registered Charity Number: 1198045 THE LISHA FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Prepared By: SF Accountant Limited The Generator Business Centre Unit 20, 95 Miles Road, Mitcham, Surrey CR4 3FH
THE LISHA FOUNDATION Finantial ststhmÈnts for thÈ yearethded 31 Marth 2023 INFORMATION OF THE FINANCIAL STATEMENTS MANAGEMENT COMMIThEE Chalrman.. Loice Gomera Trustees: Nyasha Majecha Markus Roland Steiner Takudzwa Gomera Address.. 199 St. Neots Road Hardwick Cambridge CB23 7QJ Banker: Lloyds Bank PIC Independent Examiner: SF Accountant Limited The Generator Business Centre Unit 20. 95 Miles Road. Mitcham. Surrey CR4 3FH
THE LISHA FOUNDATION Finantial Stathmehts theyÈai eThled 11 Marth 2023 CONTENT5 Page Report of the Executive Committee Statement of responsibilities of the Committee Independent Examiner's Report Income and Expenditure Accounts Statement of Assets and Liabilities Notes to the Accounts io
THE LISHA FOUNDATION Finantial Smeth theyeai eThled 31 Marth 2023 REPORT OF THE EXECUTIVE COMMIThEE FOR THE YEAR ENDED 315t March 2023 The Executive Committee has the pleasure in presenting their report and the Financial Statements reviewed bythe independent examiner for the year ended 31 March 2023. GOVERNING The organisation is managed by Executive Committee according to the organisation's constitution, elected by the general members to oversee the overall activities and to monitor the day to day running of the organisation. OBJEcfivE OF THE LISHA FOUNDATION The main objectives of the organisation are as follows: Al To Advance In Life And Relieve The Needs Of Youn8 People By Providing Support And Activities Which Develop Their Skills, Capacities, And Capabilities To Enable Them To Participate In Society As Mature And Responsible Individuals. Bl To Promote Social Inclusion For The Public Benefit By Preventing People From Becoming Socially Excluded, Relieving The Needs Of Those Who Are Socially Excluded, And Assisting Them To Integrate Into Society By Helping People To Improve Their Lives And Participate Actively In Society And Thrive Through Their Own Efforts. For The Purpose Of This Clause Socially Excluded Means Being Excluded From Society, Or Parts Of Society, As A Result Of One Of More OfThe Following Fartors.. Unemployment,. Financial Hardship; Youth Or Old Age:111 Health IPhysical Or Mentall: Substance Abuse Or Dependency Including Alcohol And Drugs; Discrimination On The Grounds Of Sex, Race, Disability, Ethnic Ori8in, Religion, Belief, Creed, Sexual Orientation Or Gender Re-Assignment; Poor Educational Or Skills Attainment,. Relationship And Family Breakdown- Poor Housing (That Is Housing That Does Not Meet Basic Habitable Standards,. Crime {Either As A Virtim Of Crime Or As An Offender Rehabilitating Into Society). THE MANAGEMENT cOMMIEE The Management committee who serve the Charity during the year were as follows: Chairman.. Loice Gomera Trustees: Nyasha Majecha Markus Roland Steiner Takudzwa Gomera
THE LISHA FOUNDATION Finantial Stathmehts Icm theyÈai eThled al Marth 2023 STATEMENTS OF RESPONSIBILITIES OF THE EXECUTIVE COMMIThEE Law applicable to charities in England & Wales requires the Committee to prepare financial statements for each financial year that give a true and fair view of the charity's financial activities during the year of its financial position at the end of the year which is 12 months. In preparing those financial statements. the Committee is required to.. l. Select suitable accounting policies and apply them consistentlv; 2. Make judgments and estimates that are reasonable and prudent.. 3. State whether applicable accounting standards and statements of recommended practice have been followed, subjett to any departures disclosed and explained in the f inancial statements,. 4. Prepare the financial statements on a 80in8 concern basis unless it is inappropriate to presume that the charity will continue in operation. The Executive Committee is responsible for keeping accounting records which 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 1993. 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. INDEPENDENT EXAMINER According to the provisions of the Charities Act 1993, the Committee has agreed that an audit is not required for this financial year. However. due to provisions of the same act an independent examiner is required. SF Accountant Limited will be appointed as an independent examiner for the ensuing year. APPROVAL This report wa5 approved bythe Executive Committee on 2110812024 and signed on their behalf (Chairman) Mrs. Loth G¢m¥r8 l>JJg 31. 2V24. 11.'26wnl
THE LISHA FOUNDATION Finantial Stathmehts Icm theyÈai eThled al Marth 2023 INDEPENDENT EXAMINER'S REPORT ON THE UNAUDITED FINANCIAL STATEMENTS TO THE EXECUTIVE COMMIThEE OF THE LISHA FOUNDATION Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 20111"the Act"). The charity's trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the applicable Directions given by the Charity Commission (under section 14515llbl of the Act, and to state whether particular matters have come to my attention Basls of independent examlnerfs statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes 3 review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair. view and the report is limited to those matters set out in the statement below. Basis of independent examinerfs statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statement below. Independent examiner's statement I n connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect=
THE LISHA FOUNDATION Finantial Smeth theyeai eThled 31 Marth 2023 the accounting records were not kept in accordance with section 130 of the Charities Act,. or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 2008 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. 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 proper understanding of the accounts to be reached. SF Accountant Limited The Generator Business Centre Unlt 20, 95 Mlles Road, Mltcham, Surrey CR4 3FH Dated: 2110812024
THE LISHA FOUNDATION Finantial Stathmehts theyÈai eThled 11 Marth 2023 INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31" March 2023 Receipts Un-restricted Restricted Total Donation received Total 10,260 10,260 10,260 10,260 Les5: Payments Events cost Accountancy Total 4,610 240 4,610 240 Excess of Income over Expenditure (deficit) 5.410 5.410
THE LISHA FOUNDATION Finantial ststhmefits lor theyÈatefided 11 March 2023 STATEMENT OF ASSETS AND LIABILITIES AS AT 31" March 2023 NOTE 2023 £££ Current Assets Cash at Bank (Current account) Prepayment 5.650 Current Liabilities Amount failing due within one year Net Current Assets / ILiabilitiesl {2401 Net Assets £5,410 Funds: Reserve BIFWO Surplus/deficit Total Funds Mrn. LO1 Gom•i8 (Aug 31, 2024, Ichairmanl (Trusteel
THE LISHA FOUNDATION Finantial Smeth theyeai ertded 31 Marth 2023 FOR THE YEAR ENDED 31" March 2023 NOTES TO THE ACCOUNTS I. ACCOUNTING POLICIES The f inancial statements have been compiled in accordance with the general directions given by the Charity Commission and with the Statements of recommended Practice. a. Basis of Accounting The accounts have been prepared under the historical cost convention of accounting. b. Grants Revenue grants are credited to the Income and Expenditure account on a receivable basis. c. Donations Donations are recorded on a receipt basis. d. Depreclatlon No Depreciation to be charged on Fixtures and Fittings and Building Construction. io