**Charity number:**
**1198196**
## **STAND AS ONE**
**Director's Report and Financial Statements FOR THE YEAR ENDED 31 March 2023**
1
## **STAND AS ONE FOR THE YEAR ENDED 31 March 2023**
## **INDEX**
- 3 Directors' and Trustees’ Report: Reference and Administrative Details
- 4 Directors' and Trustees’ Report: Structure, Governance and Management
- 6 Accountant’s Report
- 7 Expenditure
- 8 Balance Sheet
- 9 Notes
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## **STAND AS ONE FOR THE YEAR ENDED 31 March 2023 Trustee's Report**
## **Trustees’ Report Reference and Administrative Details of the Organisation**
**Organisation name:** STAND AS ONE
## **Office:**
197 Verdon Street Sheffield, South Yorkshire S3 7EP
## **Directors and Trustees:**
All were in office until the AGM and seek re-appointment. ALINE MARORA TRUSTEE JUSTIN ESPOIR MACHONGO TRUSTEE Briantine Marora TRUSTEE
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## **STAND AS ONE FOR THE YEAR ENDED 31 March 2023**
## **Trustees’ Annual Report**
Trustees present their report and the financial statements for the period ended 31 March 2023
## **Principal activities, objectives and organisation of work**
To provide relief for immigrants, asylum seekers and refugees and theeir dependants in Sheffield and surrounding areas who in conditions of hardship or distress; To preserve and protect the physical and mental health of such people; The advancement of their education and training (including but not limited to climate change) so as to advance them in life and assist them to adapt within anew community.
To promote culture and bring about good change to community welfare, integration, Cohesion and development tackle racial imbulances and promote education in communities living in the south of Yorkshire
The charity is organised so that the Trustees meet regularly to manage its affairs. There is a team of volunteers who manage the day to day administration of the charity.
## **Trustees’ responsibilities in relation to the financial statements.**
Charity law requires the trustees to prepare financial statements for each financial year which give and fair view of the charity's’s financial activities during that period and of its financial position at the end of that period. In preparing those statements, they are required to:
- Select suitable accounting policies and apply then consistently.
- Make judgements and estimates that are reasonable and prudent.
- Prepare the financial statements on the ongoing concern basis unless it is inappropriate to presume that the organisation will continue in the foreseeable future.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity . 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.
## **Summary of Financial Position:**
||**£**||
|---|---|---|
|Net incoming (outgoing) resources:||5,121|
|Total reserves:||5,121|
|(including fixed asset reserve)||2,131|
## **Risk management.**
The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems are in place to mitigate the exposure to major risks.
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## **STAND AS ONE FOR THE YEAR ENDED 31 March 2023 Directors' and Trustees’ Annual Report**
_**(continued)**_
## **Trustees**
There are no other trustees. All the trustees named served for at least part of the year. All of the trustees retire at the forthcoming Annual General Meeting but are eligible for re-appointment. The trustees may appoint a person as a trustee to fill a vacancy or to act as an additional trustee.
This report is prepared in accordance with the special provision of part VII of the Companies Act 1985 relating to small companies.
This report of the trustees was approved by the board on _16.03.2024_ and signed on its behalf by
Justin Espoir Machongo JUSTIN ESPOIR MACHONGO
_Date: __16.03.2024_ (Trustee)
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## **STAND AS ONE FOR THE YEAR ENDED 31 March 2023 ACCOUNTANT'S REPORT**
## **Accountants' report to the directors, trustees and members of Rite Turn Ltd**
You consider that the charity is exempt from an audit for the period ended 31 March 2023 You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Charities Act 2011which states that charities must keep proper accounting records with specific details that can properly demonstrate the transactions of the charity with respect to accounting records and the preparation of accounts.
These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its profit or loss for the year.
In accordance with your instructions, we have prepared the accounts which comprise the
the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the charity and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
## _**Abdul-Nuur Kinene**_
Multi-Skilled Professionals Ltd
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## **STAND AS ONE FOR THE YEAR ENDED 31 March 2023**
## **Statement of Financial Activities and Income and expenditure Account**
|**_Note_**
**#REF! **
**1**|**INCOMING RESOURCES**
**Grants and Donations**
**RESOURCES EXPENDED**
**Charitable activities:**
**Activities or furtherance of the**
**group activities**
Direct Charitable Costs
Management and Administration
**Total funds expended**
**Surplus/(Shortfall) of Income over**
**Outgoings**
Capital spending
Balance brought forward
**Balance carried forward**|Un-
**TOTAL**
Restricted
Restricted
Fund
Fund
**£**
**£**
**£**
**2023**
11,895
2,990
**14,885**|2021
-|
|---|---|---|---|
|||11,895
2,990
**14,885**|-|
|||-
**-**
6,200
**6,200**
-
**-**
3,564
**3,564**
-
**-**
-
**-**
-
**-**
**-**
**-**|-
-
-
-
-
-
-
-|
|||**9,764**
**-**
**9,764**||
|||
**2,131**
**2,990**
**5,121**
-
-
**-**
-
**-**|-
-|
|||**2,131**
**2,990**
**5,121**|-|
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## **STAND AS ONE**
## **FOR THE YEAR ENDED 31 March 2023**
## **Balance Sheet**
|**_Note_**
**-**
**FIXED ASSETS: (Equipment and**
**fixtures)**
**Depreciation**
**CURRENT ASSETS**
**1**
Debtors
Cash at Bank and in Hand
**2**
**Creditors:**
**Amount**
**falling**
**due**
**within more than one year**
**Net current Assets/(Liabilities)**
**NET ASSETS**
**REPRESENTED BY:**
**3**
**Designated Fund**
**Unrestricted Fund**
**3**
**Accumulated Funds**|**£**
**2023**
5,121|**TOTAL**
**£**
**2023**
**4,300**
**(1,075)**|TOTAL
2022
2022
-
-
-
-
-
-
-
-
-|TOTAL
2022
2022
-
-
-
-
-
-
-
-
-|
|---|---|---|---|---|
|||**3,295**
**5,121**|||
||5,121
-||-||
||||||
|||**8,416**
**-**||-
-|
|||**8,416**||-|
|||**4,705**||-|
|||**3,711**||-|
|||**8,416**||-|
The trustees are satisfied that the charity does not need to obtain an audit, and that members have not required the charity to obtain an audit for the financial year under audit.
The trustees acknowledge their responsibilities for complying with the requirments of the Charrities Act 2011 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in charities commission applicable to charities subject to the small charities regime.
The financial statements were approved on behalf of the directors on _16.03.2024_
## Justin Espoir Machongo
JUSTIN ESPOIR MACHONGO _Date: 16.03.2024_ Trustee
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## **STAND AS ONE FOR THE YEAR ENDED 31 March 2023**
## **Notes to the Accounts**
## **Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The financial statements are prepared under the historical convention. The layout is in line with Charity reporting under SORP 2005.
## _**Explanation of Income and Outgoings in the SORP layout.**_ **A. Direct Charitable costs**
|**A. Direct Charitable costs**||
|---|---|
|This is all spending on the direct|objects of the Charity.|
|Grant funders were:|£|
|Index Mdical Limi|500|
|National Lottery|10,000|
|Foundation|1,000|
|COSARAF CHARITABLE|395|
|Total|||**11,895**|
|---|---|---|---|
|**C.**|**Management**|**and**||
|**Administration costs**||||
These are support costs, not specifically related to projects
## **B. Governance**
This is fees paid for legal and professional services, such as to the accountant.
## _**Depreciation**_
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows: Equipment & Fixtures 25% on the wriiten down value Vehicles 25% on the wriiten down value
## _**Taxation**_
The charity does not need to be and is not registered for Value added tax (V.A.T.). Therefore Input V.A.T. is not recoverable and costs are shown including any V.A.T. charged.
The organisation is not-for-profit, and will apply for exemption from Corporation Tax. Any investment income will however be taxable. For the financial year under review there was no investments undertaken
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## **STAND AS ONE FOR THE YEAR ENDED 31 March 2023**
## **Notes to the Accounts**
_**(continued)**_
## **1 Operating profit/(loss)**
**£**
The surplus/(deficit) is stated after charging: Accountancy Volunteers costs
**350 500**
No single employee earned more than £50,000 in this or the last year. The trustees were not paid anything in this or the last year.
## **1 Debtors**
**----- Start of picture text -----**
£
-
-
**----- End of picture text -----**
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## **STAND AS ONE FOR THE YEAR ENDED 31 March 2023**
## **Notes to the Accounts**
_**(continued)**_
- **2 Creditors: Amounts falling due within one year:**
**----- Start of picture text -----**
£
Trade Creditors -
Accruals -
-
**----- End of picture text -----**
## **3 Assets represented by funds**
**----- Start of picture text -----**
Un-
Designated restricted
Fund Fund Total
£ £ £
Fixed Assets 3,295 - 3,295
Current Assets - 5,121 5,121
Current Liabilities - - -
3,295 5,121 8,416
**----- End of picture text -----**
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|Grants and Donations
**_EXPENDITURE_**
Direct charitable expenditure
Volunteer support
office rent
Seminars workshops venue hire
printing &Stationery
Transport &Travel expenses
accountants' fees
SURPLUS/DEFICIT|14,885
**14,885**
6,200
500
1,364
1,000
200
150
350
9,764
5,121|
|---|---|
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