# **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024**
# **KINGS PORTAL LTD (A Company Limited by Guarantee)**
**CHARITY REGISTRATION NUMBER: 1198594**
**COMPANY REGISTRATION NO 13934460 (England and Wales)**
## **KINGS PORTAL LTD (A COMPANY LIMITED BY GUARANTEE)**
## **CONTENTS**
Legal & Administrative Information
Directors Annual Report
Statement of Financial Activities
Balance Sheet
Notes of the Financial Statements
2
## **KINGS PORTAL LTD (A COMPANY LIMITED BY GUARANTEE)**
## **LEGAL AND ADMINSTRATIVE INFORMATION**
**CHARITY NUMBER** 1198594 **COMPANY REGISTRATION 13934460 DATE OF INCORPORATION** 23 February 2022 As Amended by Resolution 10 March 2023
**START OF FINANCIAL YEAR 1 March 2023**
**END OF FINANCIAL YEAR 29 February 2024**
**DIRECTORS AT 29 February 2024** Nwamaka Donald Agartha Ogboru Sharon Muza
**GOVERNING DOCUMENT** Memorandum and Articles of Association
**REGISTERED ADDRESS The Cresset Ltd** Bretton Centre Peterborough PE3 8DX
**PRIMARY BANKERS** Barclay Bank Plc
## **INDEPENDENT EXAMINERS**
Gift Aid Services Ltd 63 Wansford Road Woodford Green ESSEX IG8 7AD
3
## **KINGS PORTAL LTD (A COMPANY LIMITED BY GUARANTEE)**
## **REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 29 FEBRUARY 2024**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is a Company Limited by Guarantee, incorporated on
23 February 2023. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantees to contribute £1.00 in the event of winding up.
## **Recruitment and appointment of new trustees**
Generally appointments are made by the Board of Trustees. No new trustees were appointed this year.
## **Organisational Structure**
The board of trustees meet quarterly and are responsible for the strategic direction and policy of the charity.
## **Aims and Objectives**
The charity is established to provide an enabling environment for worshipping God, and to advance the Christian faith for the benefit of the public in accordance with the statement of faith. This is achieved by evangelizing the community, demonstrating the power of God, prayer meeting and fellowshipping with one another, baptizing and teaching the saints the word of God from the Bible. The trustees confirm that they have had due regard to guidance issued by the Charity Commission on public benefit before deciding which activities the charity should undertake.
4
## **KINGS PORTAL LTD (A COMPANY LIMITED BY GUARANTEE)**
## **ACHIEVEMENTS AND PERFORMANCE**
The Organisation continues to hold successful meetings through the year in which individual were equipped and educated on the principles and doctrines of the Christian Faith. The organization held several conferences during the year in which individuals came from all around the community to attend. This has produced good results in reaching and helping members of the community. The organization had 4 branches of the church in Leicester, Wisbech , Coventry and London. While in London they meet in 1 location. The church conducted all services online for the latter part of the financial year due to the pandemic.
## **FINANCIAL REPORT**
Management Accounts for the Year ended 29 February 2024. The accounts are yet to be submitted to Companies House and Charity Commission by our appointed accountants, Gift Aid Services, for the year ended 29 February 2024. The income of the charity is above 283,000pounds. And was from donations received from members. The church managed its expenses well.
The church is an ongoing concern. This year they had a reasonable surplus at the end of the financial year.
## **RESERVE POLICY**
It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditure that may arise from time to time. The charity will seek to build up and maintain this level throughout the year.
## **RISK MANAGEMENT**
The charity have assessed all the major risks which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.
5
## **KINGS PORTAL LTD**
## **TRUSTEES RESPONSIBILITIES**
## Statement of Director’s Responsibilities:
Company law requires the directors to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the company and of the profit or loss of the company during that period. In preparing those financial statements the directors are required to:
- (i) select suitable accounting policies and then apply them consistently,
- (ii) make judgments and estimates that are reasonable and prudent,
- (iii) prepare financial statements on a going concern unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In preparing this report the directors have taken advantage of special exemption applicable to small companies conferred by Section 477 of the Companies Act 2006, and no notice requiring an audit has been deposited under Section 476 of the Act.
.
Approved by order of the board of trustees on …………November 2024 and
Signed on its behalf by:……………………………………………………….
NWAMAKA DONALD…………………………….. Chair Trustee
6
## **KINGS PORTAL LTD**
## **INDEPENDENT EXAMINER REPORT TO THE TRUSTEES OF KINGS PORTAL LTD**
I report on the accounts of the Charity for the year ended 29 February 2024, which are set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
Respective responsibilities of trustees and examiner
The trustees of the charity are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act)), does not apply. It is my responsibility to:
Examine the accounts under section 145) of the 2011 Act. Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act, and State whether particular matters have come to my attention.
## **BASIS OF INDEPENDENT EXAMINERS REPORT**
My examination was carried out in accordance with the General Direction given by the Charity Commissioner’s. An examination included a review of the accounting records kept. It also includes consideration of any unusual items of disclosures in the accounts. And seeking examinations from you as trustees concerning any matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and as a result I do not express an audit opinion on the view given by the accounts.
## **Independent Examiner’s Statement**
In accordance with my examination, no matter has come to my attention:
1. which gives me a reasonable cause to believe that in any material respect the requirements:
- to keep accounting record in accordance with section 130 of the 2011 Act and
- - to prepare which accord with the accounting records and to comply with the accounting requirements of the 2011 Act.
- Have not been met
2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Gift Aid Services Ltd 63 Wansford Road Woodford Green Essex IG8 7AD
7
||KINGS PORTAL LTD|KINGS PORTAL LTD|KINGS PORTAL LTD|Charity No
(if any)|1198594|**CC17a**|
|---|---|---|---|---|---|---|
||Annualaccountsforthe period||||||
||Period start date|**01-Mar-23**|**To**|Period end
date|**29/02/2024**||
||||||||
|**Section A**|**Statement of financial activities**||||||
|**Recommended**
**categories by activity**
**Details of own**
**analysis**
Note
**Incoming resources (Note 3)**
**Incoming resources from**
**generated funds**
Voluntary income
S01
Activities for generating funds
S02
Investment income
S03
**Incoming resources from**
**charitable activities**
S04
**Other incoming resources**
S05
S06
**Resources expended (Notes 4-8)**
**Costs of Generating Funds**
Costs of generating voluntary
income
S07
Fundraising trading costs
S08
Investment management costs
S09
**Charitable activities**
S10
**Governance costs**
S11
**Other resources expended**
S12
S13
S14
S15
S16
S17
S18
S19
S20
S21
**_Total resources expended_**
**_Total incoming resources_**
**_Total funds carried forward_**
**Total funds brought forward**
**_Net movement in funds_**
**_Net incoming/(outgoing) resources before_**
**_transfers_**
Gains and losses on investment assets
Gains and losses on revaluation of fixed assets
for the charity’s own use
**Other recognised** **gains/(losses)**
**_Net incoming/(outgoing) resources before_**
**_other recognised gains/(losses)_**
**Gross transfers between funds**||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|||||
|||-|-|-|-|-|
|||283,917|-|-|283,917|210,595|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||283,917|-|-|283,917|210,595|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||142,033|-|-|142,033|93,780|
|||-|-|-|-|-|
|||-|-|-|-|244|
|||142,033|-|-|142,033|94,024|
|||141,884|-|-|141,884|116,571|
|||-|-|-|-|-|
|||141,884|-|-|141,884|116,571|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||141,884|-|-|141,884|116,571|
|||116,571|-|-|116,571|-|
|||258,455|-|-|258,455|116,571|
CC17a (Excel)
25/11/2024
1
## **Section B Balance sheet**
|**Fixed assets**
**Tangible assets (Note 9)**
**Investments (Note 10)**
**_Total fixed assets_**
**Current assets**
**Stock and work in progress**
**Debtors (Note 11)**
**(Short term) investments**
**Cash at bank and in hand**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 12)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 12)**
**Provisions for liabilities and charges**
**_Net assets_**
**Funds of the Charity**
**Unrestricted funds**
**Restricted income funds (Note 13)**
**Endowment funds(Note 13)**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Note
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20|**Unrestricted**
**funds**
**£**
F01|
**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05|
|---|---|---|---|---|---|---|
|||42,899|-|-|42,899|49,085|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||42,899|-|-|42,899|49,085|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|800|
|||215,556|-|-|215,556|67,486|
|||215,556|-|-|215,556|68,286|
||||||||
|||-|-|-|-|800|
||||||||
|||215,556|-|-|215,556|67,486|
||||||||
|||258,455|-|**-**|258,455|116,571|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||258,455|-|-|258,455|116,571|
||||||||
|||-|||-|-|
|||-|||-|-|
||||-||-|-|
|||||-|-|-|
||||||||
|||258,455|-|-|258,455|116,571|
||||||||
|||Signature||Date of
approval
Print Name|||
||||||||
||||||||
CC17a (Excel)
25/11/2024
2
## **Section C Notes to the accounts**
## Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:
- Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); • and with* ✓ Accounting Standards;
or Financial Reporting Standards for Smaller Enterprises (FRSSE);
- and with the Charities Act.
[** except for the following].
_**Give details in this box if a different standard has been followed.**_
- -Tick as appropriate:
- if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
- if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick
- “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.
** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.
## **1.2 Change in basis of accounting**
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).
## _**Give details in this box of any material changes that have been made.**_
- § if no changes have been made to accounting policies then delete these words.
## **1.3 Changes to previous accounts**
No changes have been made to accounts for previous years (§§ except for the following).
## _**Give details in this box of any material changes that have been made.**_
§§ if no changes have been made to accounts for previous periods then delete these words.
CC17a (Excel)
25/11/2024
3
**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
_**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_ **INCOMING RESOURCES**
|**Recognition of incoming**|These are included in the Statement of Financial Activities (SoFA) when:|
|---|---|
|**resources**|• the charity becomes entitled to the resources;|
||• the trustees are virtually certain they will receive the resources; and|
||• the monetary value can be measured with sufficient reliability.|
|**Incoming resources with**|Where incoming resources have related expenditure (as with fundraising or contract income)|
|**related expenditure**|the incoming resources and related expenditure are reported gross in the SoFA.|
|**Grants and donations**|Grants and donations are only included in the SoFA when the charity has unconditional|
||entitlement to the resources.|
|**Tax reclaims on donations**|Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to|
|**and gifts**|which they relate.|
|**Contractual income and**|This is only included in the SoFA once the related goods or services have been delivered.|
|**performance related grants**||
|**Gifts in kind**|Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.|
||Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or|
||distributed by the charity.|
||Gifts in kind for use by the charity are included in the SoFA as incoming resources when|
||receivable.|
|**Donated services and**|These are only included in incoming resources (with an equivalent amount in resources|
|**facilities**|expended) where the benefit to the charity is reasonably quantifiable, measurable and|
||material_._The value placed on these resources is the estimated value to the charity of the|
||service or facility received.|
|**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.|
|**Investment income**|This is included in the accounts when receivable.|
|**Investment gains and losses**|This includes any gain or loss on the sale of investments and any gain or loss resulting from|
||revaluing investments to market value at the end of the year.|
**EXPENDITURE AND LIABILITIES Liability recognition** Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. **Governance costs** Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters. **Grants with performance** Where the charity gives a grant with conditions for its payment being a specific level of service **conditions** or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. **Grants payable without** These are only recognised in the accounts when a commitment has been made and there are **performance conditions** no conditions to be met relating to the grant which remain in the control of the charity. **Support Costs** Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **ASSETS**
**Tangible fixed assets for use** These are capitalised if they can be used for more than one year, and cost at least £500. **by charity** They are valued at cost or a reasonable value on receipt. **Investments** Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value. **Stocks and work in progress** These are valued at the lower of cost or market value.
**POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
CC17a (Excel)
25/11/2024
4
## **Section C Notes to the accounts (cont)**
## **Note 3 Analysis of incoming resources**
|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -
**Total** 283,917 210,595
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
**Activities for generating funds**
**Investment income**
**Incoming resources from**
**charitable activities**
**_Incoming resources may be further analysed if this would help the reader of the accounts._**
**Analysis**
**Voluntary income**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -
**Total** 283,917 210,595
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
**Activities for generating funds**
**Investment income**
**Incoming resources from**
**charitable activities**
**_Incoming resources may be further analysed if this would help the reader of the accounts._**
**Analysis**
**Voluntary income**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -
**Total** 283,917 210,595
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
**Activities for generating funds**
**Investment income**
**Incoming resources from**
**charitable activities**
**_Incoming resources may be further analysed if this would help the reader of the accounts._**
**Analysis**
**Voluntary income**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -
**Total** 283,917 210,595
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
**Activities for generating funds**
**Investment income**
**Incoming resources from**
**charitable activities**
**_Incoming resources may be further analysed if this would help the reader of the accounts._**
**Analysis**
**Voluntary income**|
|---|---|---|---|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|283,917|210,595|
|||||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
CC17a (Excel)
25/11/2024
5
## **Section C Notes to the accounts (cont)**
**Note 4 Analysis of resources expended Resources expended may be further analysed if this would help the reader of the accounts.**
|**Governance costs**
**Charitable activities**
**Investment**
**management costs**
**Costs of generating**
**voluntary income**
**Fundraising trading**
**costs**|**This year**
**Last year**
**£**
**£**
**Analysis**|**This year**
**Last year**
**£**
**£**
**Analysis**|**This year**
**Last year**
**£**
**£**
**Analysis**|
|---|---|---|---|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||142,033|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|142,033|-|
|||||
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
CC17a (Excel)
25/11/2024
6
## **Section C Notes to the accounts (cont)**
## **Note 5 Support Costs**
_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
|**_support costs._**|||||
|---|---|---|---|---|
|**Support cost type**|**Fundraising activity**
**£**|**Charitable Activity**
**£**|**Governance Activity**
**£**|**Total Cost**
**£**|
|HALL HIRE|-|45,250|-|45,250|
|TRAVEL &
SUBSISTENCE|-|14,045|-|14,045|
|MEMBERSHIP/SUBS
CRIPTIONS||2,208||2,208|
|VEHICLE/EQUIPMEN
T||11,095||11,095|
|HOSPITALITY|-|12,806|-|12,806|
|SUPPORT COST||8,005||8,005|
|WELFARE||1,774||1,774|
|DEPRECIATION|-|14,142|-|14,142|
|CAR REPAIR COSTS|-|15,776|-|15,776|
|PROFESSIONAL
FEES||60||60|
|STATIONERY||1,269||1,269|
|UTILITY||1,674||1,674|
|WAGES & NI|-|10,502|-|10,502|
|INSURANCE|-|3,427|-|3,427|
|**Total**|-|142,033|-|142,033|
||||||
## **Note 6 Details of certain items of expenditure**
## **6.1 Trustee expenses**
_**Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).**_
**Number of trustees who were paid expenses Nature of the expenses Total amount paid**
|**This year**|**Last year**|
|---|---|
|||
|||
|**£**|**£**|
## **6.2 Fees for examination or audit of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).**_
|**_appropriate box(es)._**|||
|---|---|---|
|**Other fees (for example: advice, consultancy, accountancy**
**services) paid to the independent examiner or auditor**
**Independent examiner’s or auditors' fees for reporting on the**
**accounts**
|**This year**
**£**|**Last year**
**£**|
||600|800|
||||
CC17a (Excel)
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7
## **Section C Notes to the accounts (cont)**
**Note 7 Paid employees** _**Please complete this note if the charity has any employees.**_
## **7.1 Staff Costs**
|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total **
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**
**7.2 Average number of full-time equivalent employees in the year**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total **
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**
**7.2 Average number of full-time equivalent employees in the year**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**|**This year**
**£**|**Last year**
**£**|
|---|---|---|---|
|||8,412|7,810|
|||2,090|523|
|||-||
|||10,502|8,333|
|||||
||**nt employees in the year**|**This year**|**Last year**|
|||**Number**|**Number**|
||**Fundraising**|-|-|
||**Charitable Activities**|1|1|
||**Governance**|-|-|
||**Other**|-|-|
||**Total **|1|1|
## **7.3 Defined contribution pension scheme**
## _**Please complete if a defined contribution pension scheme is operated.**_ **Brief details of the scheme**
**The costs of the scheme to the charity for the year The amount of any contributions outstanding at the year end The amount of any contributions prepaid at the year end**
||**This year**|**Last year**|
|---|---|---|
||**£**|**£**|
||||
||||
||||
CC17a (Excel)
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8
## **Section C Notes to the accounts (cont)**
## **Note 8 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **8.1 Total value of grants**
|**_part of the charitable activities undertaken._**
**8.1 Total value of grants**|||
|---|---|---|
|**Purpose for which grants made**|**Grants to**
**institutions**
**Total amount £**|**Grants to**
**individuals**
**Total amount £**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
|**_Total_**|**-**|**-**|
## **8.1 Grantmaking costs**
_**If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **Support costs of grantmaking**
**£**
## **8.3 Grants made to institutions**
_**If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.**_
|**_institutions supported._**|||
|---|---|---|
|**Names of institutions**|**Purpose**|**Total amount of**
**grants paid £**|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|**_Total grants to institutions_**||**-**|
CC17a (Excel)
25/11/2024
9
## **Section C Notes to the accounts (cont)**
## **Note 9 Tangible fixed assets**
## _**Please complete this note if the charity has any tangible fixed assets**_
## **9.1 Cost or valuation**
|**9.1 Cost or valuation**|||||||
|---|---|---|---|---|---|---|
||**Freehold land**
**& buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery and**
**motor**
**vehicles**
**£**|
**Fixtures,**
**fittings and**
**equipment**
**£**|**Payments on**
**account and**
**assets under**
**construction**
**£**|**Total**
**£**|
|Balance brought
forward
- 37,117 25,639 - 62,756
Additions
- - 5,000 2,956 - 7,956
Revaluations
- - - - - -
Disposals
- - - - - -
Transfers *
- - - - - -
Balance carried
forward
- - 42,117 28,595 - 70,712
****Basis**
SL or RB
SL or RB
SL or RB
SL or RB
SL or RB
**** Rate**
Balance brought
forward
- - 8,223 5,448 - 13,671
Depreciation charge
for year
- - 8,423 5,719 - 14,142
Impairment provisions - - - - - -
Revaluations
- - - - - -
Disposals
- -
- -
Transfers*
- - - - - -
Balance carried
forward
- - 16,646 11,167 - 27,813
Brought forward
- - 28,894 20,191 - 49,085
Carried forward
- - 25,471 17,428 - 42,899
**9.3 Net book value**
**9.2 Accumulated depreciation and impairment provisions**||-|37,117|25,639|-|62,756|
||-|-|5,000|2,956|-|7,956|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|42,117|28,595|-|70,712|
||-|-|8,223|5,448|-|13,671|
||-|-|8,423|5,719|-|14,142|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|||-|-|
||-|-|-|-|-|-|
||-|-|16,646|11,167|-|27,813|
||||||||
||-|-|28,894|20,191|-|49,085|
||-|-|25,471|17,428|-|42,899|
## **9.4 Revaluation**
_**If any fixed assets have been revalued please give details of the valuer and method of valuation**_
> _* The "transfers" row is for movements between fixed asset categories._
> _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
25/11/2024
10
## **Section C Notes to the accounts (cont)**
## **Note 10 Investment assets**
## _**Please complete this note if the charity has any investment assets.**_
## **10.1 Fixed assets investments**
|**Add/(deduct):**net gain/(loss) on revaluation
Carrying (market) value at beginning of year
Carrying (market) value at end of year
**Add:**additions to investments at cost
**Less:**disposals at carrying value|**£**|
|---|---|
||-|
||-|
||-|
||-|
||-|
## _**Please provide below:**_
## **10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.**
## **10.3 A breakdown of the income from investments agreeing with SOFA row S03.**
|**Analysis of investments**
**Other investments**
**Total**
**Investment properties**
**Securities not listed on a recognised Stock Exchange**
**Cash held as part of the investment portfolio**
**Investments listed on a recognised stock exchange or held in common**
**investment funds, open ended investment companies, unit trusts or other**
**collective investment schemes**
**Investments in subsidiary or connected undertakings and companies**|**10.2**
**Market value at**
**year end**
**£**|**10.3**
**Income from**
**investments for**
**the year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
## **10.4 Material investment holdings**
**If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.**
## **Investment held**
## **Market Value**
CC17a (Excel)
25/11/2024
11
## **Section C Notes to the accounts (cont)**
## **Note 11 Debtors and prepayments**
## _**Please complete this note if the charity has any debtors or prepayments.**_
|**Analysis of debtors**
**Trade debtors**
**Amounts due from subsidiary and associated**
**undertakings**
**Other debtors**
**Prepayments and accrued income**
|
**Amounts falling due**
**within oneyear**|
**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
|**Total**|-|-|-|-|
## **Note 12 Creditors and accruals**
_**Please complete this note if the charity has any creditors or accruals.**_ **12.1 Analysis of creditors**
|
**Loans and overdrafts**
**Trade creditors**
**Amounts due to subsidiary and associated**
**undertakings**
**Other creditors**
**Accruals and deferred income**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
## **12.2 Security over assets**
_**If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.**_
CC17a (Excel)
25/11/2024
12
## **Section C Notes to the accounts (cont)**
## **Note 13 Endowment and restricted income funds**
_**Please complete this section if the charity has any endowment or restricted income funds.**_
## **13.1 Funds held**
**Please give a brief description of any of the following type of funds held by the charity:**
- **permanent endowment funds (PE);**
- **expendable endowment funds (EE); and**
- **restricted income funds, including special trusts, of the charity (R).**
**Type PE, EE Fund Name Purpose and Restrictions or R**
## **13.2 Movements of major funds**
_**Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.**_
|**Fund names**|**Fund**
**balances**
**brought**
**forward**
**£**|**Incoming**
**resources**
**£**|**Outgoing**
**resources**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|---|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
|**Total Funds**|-|-|-|-|-|-|
## **13.3 Transfers between funds**
_**Please give details of any transfers between funds.**_
**From Fund (Name) To Fund (Name) Reason Amount**
CC17a (Excel)
25/11/2024
13
## **Section C Notes to the accounts (cont)**
## **Note 14 Transactions with related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.**_
## **14.1 Remuneration and benefits**
_**Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.**_
|**Name of trustee or connected party**|**Legal authority (eg order,**
**governing document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|
|||**This year**
**£**|**Last year**
**£**|
|||||
|||||
|||||
## **14.2 Loans**
_**Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.**_
|**Due to trustees and**
**related parties**
**Due from trustees**
**and related parties**|**Name of trustee or**
**connected party**|**Legal authority**|**Amount owing**|**Amount owing**|
|---|---|---|---|---|
||||**This year**
**£**|**Last year**
**£**|
||||||
||||||
## **14.3 Other transaction(s) with trustees or related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.**_
|**Name of the trustee**
**or related party**|**Relationship to**
**charity**|**Description of the**
**transaction(s)**|**This year**
**£**|**Last year**
**£**|
|---|---|---|---|---|
||||||
||||||
||||||
CC17a (Excel)
25/11/2024
14
**Section C Notes to the accounts (cont)**
## **Note 15 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
CC17a (Excel)
25/11/2024
15
||KINGS PORTAL LTD|KINGS PORTAL LTD|KINGS PORTAL LTD|Charity No
(if any)|1198594|**CC17a**|
|---|---|---|---|---|---|---|
||Annualaccountsforthe period||||||
||Period start date|**01-Mar-23**|**To**|Period end
date|**29/02/2024**||
||||||||
|**Section A**|**Statement of financial activities**||||||
|**Recommended**
**categories by activity**
**Details of own**
**analysis**
Note
**Incoming resources (Note 3)**
**Incoming resources from**
**generated funds**
Voluntary income
S01
Activities for generating funds
S02
Investment income
S03
**Incoming resources from**
**charitable activities**
S04
**Other incoming resources**
S05
S06
**Resources expended (Notes 4-8)**
**Costs of Generating Funds**
Costs of generating voluntary
income
S07
Fundraising trading costs
S08
Investment management costs
S09
**Charitable activities**
S10
**Governance costs**
S11
**Other resources expended**
S12
S13
S14
S15
S16
S17
S18
S19
S20
S21
**_Total resources expended_**
**_Total incoming resources_**
**_Total funds carried forward_**
**Total funds brought forward**
**_Net movement in funds_**
**_Net incoming/(outgoing) resources before_**
**_transfers_**
Gains and losses on investment assets
Gains and losses on revaluation of fixed assets
for the charity’s own use
**Other recognised** **gains/(losses)**
**_Net incoming/(outgoing) resources before_**
**_other recognised gains/(losses)_**
**Gross transfers between funds**||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|||||
|||-|-|-|-|-|
|||283,917|-|-|283,917|210,595|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||283,917|-|-|283,917|210,595|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||142,033|-|-|142,033|93,780|
|||-|-|-|-|-|
|||-|-|-|-|244|
|||142,033|-|-|142,033|94,024|
|||141,884|-|-|141,884|116,571|
|||-|-|-|-|-|
|||141,884|-|-|141,884|116,571|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||141,884|-|-|141,884|116,571|
|||116,571|-|-|116,571|-|
|||258,455|-|-|258,455|116,571|
CC17a (Excel)
25/11/2024
1
## **Section B Balance sheet**
|**Fixed assets**
**Tangible assets (Note 9)**
**Investments (Note 10)**
**_Total fixed assets_**
**Current assets**
**Stock and work in progress**
**Debtors (Note 11)**
**(Short term) investments**
**Cash at bank and in hand**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 12)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 12)**
**Provisions for liabilities and charges**
**_Net assets_**
**Funds of the Charity**
**Unrestricted funds**
**Restricted income funds (Note 13)**
**Endowment funds(Note 13)**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Note
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20|**Unrestricted**
**funds**
**£**
F01|
**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05|
|---|---|---|---|---|---|---|
|||42,899|-|-|42,899|49,085|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||42,899|-|-|42,899|49,085|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|800|
|||215,556|-|-|215,556|67,486|
|||215,556|-|-|215,556|68,286|
||||||||
|||-|-|-|-|800|
||||||||
|||215,556|-|-|215,556|67,486|
||||||||
|||258,455|-|**-**|258,455|116,571|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||258,455|-|-|258,455|116,571|
||||||||
|||-|||-|-|
|||-|||-|-|
||||-||-|-|
|||||-|-|-|
||||||||
|||258,455|-|-|258,455|116,571|
||||||||
|||Signature||Date of
approval
Print Name|||
||||||||
||||||||
CC17a (Excel)
25/11/2024
2
## **Section C Notes to the accounts**
## Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:
- Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); • and with* ✓ Accounting Standards;
or Financial Reporting Standards for Smaller Enterprises (FRSSE);
- and with the Charities Act.
[** except for the following].
_**Give details in this box if a different standard has been followed.**_
- -Tick as appropriate:
- if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
- if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick
- “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.
** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.
## **1.2 Change in basis of accounting**
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).
## _**Give details in this box of any material changes that have been made.**_
- § if no changes have been made to accounting policies then delete these words.
## **1.3 Changes to previous accounts**
No changes have been made to accounts for previous years (§§ except for the following).
## _**Give details in this box of any material changes that have been made.**_
§§ if no changes have been made to accounts for previous periods then delete these words.
CC17a (Excel)
25/11/2024
3
**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
_**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_ **INCOMING RESOURCES**
|**Recognition of incoming**|These are included in the Statement of Financial Activities (SoFA) when:|
|---|---|
|**resources**|• the charity becomes entitled to the resources;|
||• the trustees are virtually certain they will receive the resources; and|
||• the monetary value can be measured with sufficient reliability.|
|**Incoming resources with**|Where incoming resources have related expenditure (as with fundraising or contract income)|
|**related expenditure**|the incoming resources and related expenditure are reported gross in the SoFA.|
|**Grants and donations**|Grants and donations are only included in the SoFA when the charity has unconditional|
||entitlement to the resources.|
|**Tax reclaims on donations**|Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to|
|**and gifts**|which they relate.|
|**Contractual income and**|This is only included in the SoFA once the related goods or services have been delivered.|
|**performance related grants**||
|**Gifts in kind**|Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.|
||Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or|
||distributed by the charity.|
||Gifts in kind for use by the charity are included in the SoFA as incoming resources when|
||receivable.|
|**Donated services and**|These are only included in incoming resources (with an equivalent amount in resources|
|**facilities**|expended) where the benefit to the charity is reasonably quantifiable, measurable and|
||material_._The value placed on these resources is the estimated value to the charity of the|
||service or facility received.|
|**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.|
|**Investment income**|This is included in the accounts when receivable.|
|**Investment gains and losses**|This includes any gain or loss on the sale of investments and any gain or loss resulting from|
||revaluing investments to market value at the end of the year.|
**EXPENDITURE AND LIABILITIES Liability recognition** Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. **Governance costs** Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters. **Grants with performance** Where the charity gives a grant with conditions for its payment being a specific level of service **conditions** or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. **Grants payable without** These are only recognised in the accounts when a commitment has been made and there are **performance conditions** no conditions to be met relating to the grant which remain in the control of the charity. **Support Costs** Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **ASSETS**
**Tangible fixed assets for use** These are capitalised if they can be used for more than one year, and cost at least £500. **by charity** They are valued at cost or a reasonable value on receipt. **Investments** Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value. **Stocks and work in progress** These are valued at the lower of cost or market value.
**POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
CC17a (Excel)
25/11/2024
4
## **Section C Notes to the accounts (cont)**
## **Note 3 Analysis of incoming resources**
|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -
**Total** 283,917 210,595
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
**Activities for generating funds**
**Investment income**
**Incoming resources from**
**charitable activities**
**_Incoming resources may be further analysed if this would help the reader of the accounts._**
**Analysis**
**Voluntary income**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -
**Total** 283,917 210,595
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
**Activities for generating funds**
**Investment income**
**Incoming resources from**
**charitable activities**
**_Incoming resources may be further analysed if this would help the reader of the accounts._**
**Analysis**
**Voluntary income**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -
**Total** 283,917 210,595
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
**Activities for generating funds**
**Investment income**
**Incoming resources from**
**charitable activities**
**_Incoming resources may be further analysed if this would help the reader of the accounts._**
**Analysis**
**Voluntary income**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -
**Total** 283,917 210,595
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
- -
- -
- -
- -
- -
**Total**
- -
**Activities for generating funds**
**Investment income**
**Incoming resources from**
**charitable activities**
**_Incoming resources may be further analysed if this would help the reader of the accounts._**
**Analysis**
**Voluntary income**|
|---|---|---|---|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|283,917|210,595|
|||||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
CC17a (Excel)
25/11/2024
5
## **Section C Notes to the accounts (cont)**
**Note 4 Analysis of resources expended Resources expended may be further analysed if this would help the reader of the accounts.**
|**Governance costs**
**Charitable activities**
**Investment**
**management costs**
**Costs of generating**
**voluntary income**
**Fundraising trading**
**costs**|**This year**
**Last year**
**£**
**£**
**Analysis**|**This year**
**Last year**
**£**
**£**
**Analysis**|**This year**
**Last year**
**£**
**£**
**Analysis**|
|---|---|---|---|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||142,033|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|142,033|-|
|||||
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
CC17a (Excel)
25/11/2024
6
## **Section C Notes to the accounts (cont)**
## **Note 5 Support Costs**
_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
|**_support costs._**|||||
|---|---|---|---|---|
|**Support cost type**|**Fundraising activity**
**£**|**Charitable Activity**
**£**|**Governance Activity**
**£**|**Total Cost**
**£**|
|HALL HIRE|-|45,250|-|45,250|
|TRAVEL &
SUBSISTENCE|-|14,045|-|14,045|
|MEMBERSHIP/SUBS
CRIPTIONS||2,208||2,208|
|VEHICLE/EQUIPMEN
T||11,095||11,095|
|HOSPITALITY|-|12,806|-|12,806|
|SUPPORT COST||8,005||8,005|
|WELFARE||1,774||1,774|
|DEPRECIATION|-|14,142|-|14,142|
|CAR REPAIR COSTS|-|15,776|-|15,776|
|PROFESSIONAL
FEES||60||60|
|STATIONERY||1,269||1,269|
|UTILITY||1,674||1,674|
|WAGES & NI|-|10,502|-|10,502|
|INSURANCE|-|3,427|-|3,427|
|**Total**|-|142,033|-|142,033|
||||||
## **Note 6 Details of certain items of expenditure**
## **6.1 Trustee expenses**
_**Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).**_
**Number of trustees who were paid expenses Nature of the expenses Total amount paid**
|**This year**|**Last year**|
|---|---|
|||
|||
|**£**|**£**|
## **6.2 Fees for examination or audit of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).**_
|**_appropriate box(es)._**|||
|---|---|---|
|**Other fees (for example: advice, consultancy, accountancy**
**services) paid to the independent examiner or auditor**
**Independent examiner’s or auditors' fees for reporting on the**
**accounts**
|**This year**
**£**|**Last year**
**£**|
||600|800|
||||
CC17a (Excel)
25/11/2024
7
## **Section C Notes to the accounts (cont)**
**Note 7 Paid employees** _**Please complete this note if the charity has any employees.**_
## **7.1 Staff Costs**
|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total **
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**
**7.2 Average number of full-time equivalent employees in the year**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total **
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**
**7.2 Average number of full-time equivalent employees in the year**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**|**This year**
**£**|**Last year**
**£**|
|---|---|---|---|
|||8,412|7,810|
|||2,090|523|
|||-||
|||10,502|8,333|
|||||
||**nt employees in the year**|**This year**|**Last year**|
|||**Number**|**Number**|
||**Fundraising**|-|-|
||**Charitable Activities**|1|1|
||**Governance**|-|-|
||**Other**|-|-|
||**Total **|1|1|
## **7.3 Defined contribution pension scheme**
## _**Please complete if a defined contribution pension scheme is operated.**_ **Brief details of the scheme**
**The costs of the scheme to the charity for the year The amount of any contributions outstanding at the year end The amount of any contributions prepaid at the year end**
||**This year**|**Last year**|
|---|---|---|
||**£**|**£**|
||||
||||
||||
CC17a (Excel)
25/11/2024
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## **Section C Notes to the accounts (cont)**
## **Note 8 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **8.1 Total value of grants**
|**_part of the charitable activities undertaken._**
**8.1 Total value of grants**|||
|---|---|---|
|**Purpose for which grants made**|**Grants to**
**institutions**
**Total amount £**|**Grants to**
**individuals**
**Total amount £**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
|**_Total_**|**-**|**-**|
## **8.1 Grantmaking costs**
_**If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **Support costs of grantmaking**
**£**
## **8.3 Grants made to institutions**
_**If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.**_
|**_institutions supported._**|||
|---|---|---|
|**Names of institutions**|**Purpose**|**Total amount of**
**grants paid £**|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|**_Total grants to institutions_**||**-**|
CC17a (Excel)
25/11/2024
9
## **Section C Notes to the accounts (cont)**
## **Note 9 Tangible fixed assets**
## _**Please complete this note if the charity has any tangible fixed assets**_
## **9.1 Cost or valuation**
|**9.1 Cost or valuation**|||||||
|---|---|---|---|---|---|---|
||**Freehold land**
**& buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery and**
**motor**
**vehicles**
**£**|
**Fixtures,**
**fittings and**
**equipment**
**£**|**Payments on**
**account and**
**assets under**
**construction**
**£**|**Total**
**£**|
|Balance brought
forward
- 37,117 25,639 - 62,756
Additions
- - 5,000 2,956 - 7,956
Revaluations
- - - - - -
Disposals
- - - - - -
Transfers *
- - - - - -
Balance carried
forward
- - 42,117 28,595 - 70,712
****Basis**
SL or RB
SL or RB
SL or RB
SL or RB
SL or RB
**** Rate**
Balance brought
forward
- - 8,223 5,448 - 13,671
Depreciation charge
for year
- - 8,423 5,719 - 14,142
Impairment provisions - - - - - -
Revaluations
- - - - - -
Disposals
- -
- -
Transfers*
- - - - - -
Balance carried
forward
- - 16,646 11,167 - 27,813
Brought forward
- - 28,894 20,191 - 49,085
Carried forward
- - 25,471 17,428 - 42,899
**9.3 Net book value**
**9.2 Accumulated depreciation and impairment provisions**||-|37,117|25,639|-|62,756|
||-|-|5,000|2,956|-|7,956|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|42,117|28,595|-|70,712|
||-|-|8,223|5,448|-|13,671|
||-|-|8,423|5,719|-|14,142|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|||-|-|
||-|-|-|-|-|-|
||-|-|16,646|11,167|-|27,813|
||||||||
||-|-|28,894|20,191|-|49,085|
||-|-|25,471|17,428|-|42,899|
## **9.4 Revaluation**
_**If any fixed assets have been revalued please give details of the valuer and method of valuation**_
> _* The "transfers" row is for movements between fixed asset categories._
> _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
25/11/2024
10
## **Section C Notes to the accounts (cont)**
## **Note 10 Investment assets**
## _**Please complete this note if the charity has any investment assets.**_
## **10.1 Fixed assets investments**
|**Add/(deduct):**net gain/(loss) on revaluation
Carrying (market) value at beginning of year
Carrying (market) value at end of year
**Add:**additions to investments at cost
**Less:**disposals at carrying value|**£**|
|---|---|
||-|
||-|
||-|
||-|
||-|
## _**Please provide below:**_
## **10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.**
## **10.3 A breakdown of the income from investments agreeing with SOFA row S03.**
|**Analysis of investments**
**Other investments**
**Total**
**Investment properties**
**Securities not listed on a recognised Stock Exchange**
**Cash held as part of the investment portfolio**
**Investments listed on a recognised stock exchange or held in common**
**investment funds, open ended investment companies, unit trusts or other**
**collective investment schemes**
**Investments in subsidiary or connected undertakings and companies**|**10.2**
**Market value at**
**year end**
**£**|**10.3**
**Income from**
**investments for**
**the year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
## **10.4 Material investment holdings**
**If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.**
## **Investment held**
## **Market Value**
CC17a (Excel)
25/11/2024
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## **Section C Notes to the accounts (cont)**
## **Note 11 Debtors and prepayments**
## _**Please complete this note if the charity has any debtors or prepayments.**_
|**Analysis of debtors**
**Trade debtors**
**Amounts due from subsidiary and associated**
**undertakings**
**Other debtors**
**Prepayments and accrued income**
|
**Amounts falling due**
**within oneyear**|
**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
|**Total**|-|-|-|-|
## **Note 12 Creditors and accruals**
_**Please complete this note if the charity has any creditors or accruals.**_ **12.1 Analysis of creditors**
|
**Loans and overdrafts**
**Trade creditors**
**Amounts due to subsidiary and associated**
**undertakings**
**Other creditors**
**Accruals and deferred income**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
## **12.2 Security over assets**
_**If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.**_
CC17a (Excel)
25/11/2024
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## **Section C Notes to the accounts (cont)**
## **Note 13 Endowment and restricted income funds**
_**Please complete this section if the charity has any endowment or restricted income funds.**_
## **13.1 Funds held**
**Please give a brief description of any of the following type of funds held by the charity:**
- **permanent endowment funds (PE);**
- **expendable endowment funds (EE); and**
- **restricted income funds, including special trusts, of the charity (R).**
**Type PE, EE Fund Name Purpose and Restrictions or R**
## **13.2 Movements of major funds**
_**Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.**_
|**Fund names**|**Fund**
**balances**
**brought**
**forward**
**£**|**Incoming**
**resources**
**£**|**Outgoing**
**resources**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|---|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
|**Total Funds**|-|-|-|-|-|-|
## **13.3 Transfers between funds**
_**Please give details of any transfers between funds.**_
**From Fund (Name) To Fund (Name) Reason Amount**
CC17a (Excel)
25/11/2024
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## **Section C Notes to the accounts (cont)**
## **Note 14 Transactions with related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.**_
## **14.1 Remuneration and benefits**
_**Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.**_
|**Name of trustee or connected party**|**Legal authority (eg order,**
**governing document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|
|||**This year**
**£**|**Last year**
**£**|
|||||
|||||
|||||
## **14.2 Loans**
_**Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.**_
|**Due to trustees and**
**related parties**
**Due from trustees**
**and related parties**|**Name of trustee or**
**connected party**|**Legal authority**|**Amount owing**|**Amount owing**|
|---|---|---|---|---|
||||**This year**
**£**|**Last year**
**£**|
||||||
||||||
## **14.3 Other transaction(s) with trustees or related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.**_
|**Name of the trustee**
**or related party**|**Relationship to**
**charity**|**Description of the**
**transaction(s)**|**This year**
**£**|**Last year**
**£**|
|---|---|---|---|---|
||||||
||||||
||||||
CC17a (Excel)
25/11/2024
14
**Section C Notes to the accounts (cont)**
## **Note 15 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
CC17a (Excel)
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