CHARrrY REGISTRATION NUMBER: 1198945 EMPOWERING COMMUNITIES FOR LIFE Unaudited Financial Statements 15 March 2023 rrE Chartered Certified Accountants 1 Concord Business Centre Concord Road London UK W3 OTJ
EMPOWERING COMMUNITIES FOR LIFE Financlal Statements Year ended 15 March 2023 Page Trustees, annual report Statement of financial activities Statement of financial position Statement of cash flows Notes to the financial aternentS
EMPOWERING COMMUNITIES FOR LIFE Trustees. Annual Report Year ended 15 March 2023 Tha trustees present their report and the unawlited financial statements of the charity for ihe year ended 15 March 2023. Raferenee and admlnlstrnllve detslls EKIPOWERING COMMUNITIES FOR LIFE RegISted charlty njmo Charlty reglslratlon numbor PTlnelp•l offlco 1198945 8 Pery Val Foresl Hill Londo SE23 2LD England Tho Irust• Dr L Ricketts Ms Z CamFtsR Dr S Ahmed IAFvinled 12 May 20221 IApp)inted 12 May 20221 {Appoinied 12 May 20221 Accountsnts K 8 M UK Limited Chartered Certrfied Accountants 1 Concord Business Centre CorKord Road London UK W3 OTJ Structurn. govern4nc• and fflan•gement Empowering Communities For Lile Is chafilable incorpor*ed organisation, were IncC>0raIed on 12 May 2022. The day lo day runniTrJ of the charity is led by managing tnjslee. Dr Laura Ricketts who manages the daily activilies ot the charity and management related lasks. Df Rthetts also participates in fundrassino for the charity and Iravels lo places téthere charitsble actileS are urKiertaken.
EMPOWERING COMMUNITIES FOR UFE TrUees. Annual Report Iconth Year ended 15 March 2023 Obl8ctlv88 and Empowering Communities For Life IECFL) is a charity thal values educalion. equality. inclusrvity a1 health wdl-being principles. Registered 12 May 2022. ECFL has been working intimately with a country in westem Alrica, The Gambia. Poverty. physicav mentd ill-healih. lack ol educalKJnal resources and limited support lor children wth Special Educational Needs ISENI. Th8 main aty'tIVeS of the charity are, The prevention and relieve ol povety noi exdusively in the UK and The Gambia by providing grants, items and seryices lo indmduds in need andlor CharlS. or other organlsations working to prevent or relieve poverty. Promote and prolect menlal heaith for the wtlic benefrt by the provision of SUFVOrt Io p80ple in thè malntenance and recovery ol mental ill health and the promotion of the understanding ol metal health through thè education of people who sutter Irom menLIl ill-heallh. Achlèvemonts and parfommnee In the year 2022 - 2023, charity has collected donatlon from irklividus lo fuThJ and supp3rt ils activities and projects vthhin UK and The Gambi& Flnanclal r•vlew The Charity received donation a1 funds £9.468 thjring the pericé. Total tyjlgoing resources amounted to £9,435 01 which £8,865 was expended on direct charitable actsvities aThJ £570 on the costs ol running the office and on other Governance costs. The Irusl8es' annuai rewrt was awiroved on 26 JU 2024 and slgned on behall of the board of Iruslees by.. Dr L Ricketts Trustee
EMPOWERING COMMUNITIES FOR LIFE Statemeni of Flnanclaj Acllvllies Year ended 15 March 2023 Unrestricted funds Total funds In¢omo and endowments Donations and legacies Total Income 9,468 9.468 9,468 Expendfture Expenditure on raising funds: Costs of raising donations and18ga¢ies Expenditure on chariLiblg aclivtlies Total expendlture 275 9,160 275 9,160 9,435 Net In¢omo arKI not mov•m•nl In lund• 33 RonCIlIatIon ot lunds Total funds brought loprtard Tolal lunds ¢orrled lorw•rd 33 Thè statement ol finwla1 activiknes in¢lud8s all gains aThJ thses rec¢>3nised in the year. All income and exp81ur8 delive from continuiThJ aclivltios. The nol•s on pgg•$ 6 10 9 forni part of Ilwa flnanclal slal•mwts.
EMPOWERING COMMUNMES FOR LIFE Statement of Financial Positlon 15 March 2023 2023 Note Cash at bank arKI in haTh 213 Credltors: amounts falllng due wlthln ono year N81 ¢urront assets 10 180 33 Totsl assets less currenl Ilabllltl•s Not assels 33 Funds of the charlty Unleslricted funds 33 Total charlty fund• 11 These flnanclal slalements were aFproved by Ihe board of tnjslees and authorised for Issue on 26 June 2024, and are signed on behalf ol the board by: Dr L Ricketts Truslee Th& notts on pages 6 to 9 lofft pArt of Ihme flnJncl•l stat•m.
EMPOWERING COMMUNITIES FOR LIFE Statement of Cash Flows Year ended 15 March 2023 2023 Cash flows from operatlng a¢llvltlos Net Incom8 Adjustments lor.. Accrued expenses Cash generated from operations Nel cash from operating a¢118$ 180 213 213 Not Incroase In ¢•sh and cash aqulvalents Cash and caah equlval•nts at beglnnlng of y• Cash and ¢••h •qulvd•nt• •1 WKI ol year 213 213
EMPOWERING COMMUNITIES FOR UFE Notes to Ihe Flnanclal Statements Year ended 15 March 2023 Genernl Irrtorn1IOTr The Charity is a Fthlic benefit enlity aThJ a rogistewl charity in England and Wales and is unincorporated. The address of principaj oflKe is 8 Perry Vale. Froest Hill. London, SE23 2LD, England. Statement of compllan¢8 These financial statements have prepafed in comF4iance with FFIS 102, The Flnanclal Reporting Standard applicable In the UK and the RepublK ol Ireland,, the Statement of Recommended Practice awlic*Je lo chaTities preparing their accounts in accordance with the Financial Reporting Standard aswicable in the UK and Reputllc of Ireband {FRS 1021 (Charflies SORP {FRS 10211 and the Charities Acl 2011. A¢¢ountlng pollcle• Basls of prepwatlon The linanclal slaternents have been prepared on Ihe hlstorical cost basis, as modified by the revaluation ol certain finarla1 assets aTrJ lithlities and investmenl properties measured al falr value through income or expenditure. The financial statements are prepared in sterfirKJ. which is the lu[tional currenw of the entlty. Golng conMm Ther8 are no material UnCertwnl about the ch11$ abilty to continue. Judgomonts and key aouvc•s ol ••llm•Uon uncortalnty There are no material urtethnlies about the tharills abilty lo conlinue. Fund accotsntlng Unreslri¢led funds are available for use at the thscrelion of the trustees lo further any of the charivs purposes. Deslgnaled lunds are unrestFicled lunds earmarked by the trustees for partlcular lutUT8 project or commitment. Rèstricted lurKls are Subld lo restrktions on thelr expenditure dadared by the (h)nor or through the terms of an appeal. aThJ fall into one of sthdasses: restricted income funds or endowment lunds.
EMPOWERING COMMUNrnES FOR LIFE Noles to Ihe Financial Staternenls Year ended 15 Mareh 2023 A¢countlng poll¢les Incomlng resources All irming resources are i1lded in the statement of flnarKlal advltie$ when entillement has passed lo the charity,. il is probable that the economic benetils associated vthh the transaction will flow lo the charity aTrJ the amount can be reliatrAy measurwj. The following specif y)licies are applied to particular calegories ol income: income from donations or grants is recognised when ther8 is evldence of enlSUement lo the gfft. r1p1 is probable ils amount can be measured reliably. legacy Income is recognisl when r8celpt Is Wable and entiuement is eslablished. income from donated goods is measured al the lair value of Ihe goods unless this Is impractical to measure rellaly. in which case the value Is derived from the ¢o$l to the donor or the eslimaled fesale value. Donaled facilities and services are recognised in the accounts when received rf the value can be reliably measuied. No afflnts are included for the conlributlon ol general volunteers. Irtome from conlra¢ls for the swly ol ser¥S Is recognised wtlh the ddivery of Ihe contracted service. This is Classilied as unreslricled unless there Is a conlraclual quirement lor it to be spenl on a partKular wrp(>se and returned if unspent. In whh case It may be regarded as reslri¢led. Resources eXrnded Expenditure is recognised on an accruats basis as a liabilty is incurred. Expenditure Includes any VAT which cannoi be lully recovered, and is claSsrfd under headings of the statement ol financial activities lo which it relates: experKliture on raising lunds i1Je$ th? costs ol abl lundraisiw a¢livilies, events, non- charilabbe trading actsv1ts. and the sal8 ol donated goods. expendilure on charitable activiknes i1ludeS all costs incurred by a Charity in undertaking activities thal further its charitable aims for the benefit of its b8neficiaries, including those support costs and costs Telaling lo the govemance ol the charrty apportioned lo charitable activities. other exFWKliture includes all expenditure that is neith8r related to raising funds for the charity nor part of fts experth. ure on ¢haritaL4e activknes. All costs are alICted to expeTh*ture calegories Tefiecting the use of the resource. Direcl costs attributable lo a single activity are allocated direcuy to that activty. Shared costs are apFK)rtloned befvfftn the activities they contribute to on a reasonable, juslrfiatle and consistent basls. Donatlons and lega¢les Unreslricled Total Funds Funds 2023 Donatlons Donations feceived 9.468 9,468
EMPOWERING COMMUNITIES FOR LIFE
Notes to the Financial Statements (continued)
Year ended 15 March 2023
5. Costs of raising donations and legacies
| Unrestricted | Total Funds | ||
|---|---|---|---|
| Funds | 2023 | ||
| £ | £ | ||
| Costs of raising donations and legacies - | Donations | 275 | 275 |
6. Expenditure on charitable activities by fund type
| Unrestricted | Total Funds | |
|---|---|---|
| Funds | 2023 | |
| £ | £ | |
| Charitable activities | 8,865 | 8,865 |
| Support costs | 295 | 295 |
| 9,160 | 9,160 |
7. Expenditure on charitable activities by activity type
| Activities | |||
|---|---|---|---|
| undertaken | Total funds | ||
| directly Support costs | 2023 | ||
| £ | £ | £ | |
| Charitable activities | 8,865 | 8,865 | |
| Governance costs | 295 | 295 | |
| 8,865 | 295 | 9,160 |
8. Staff costs
The average head count of employees during the year was Nil.
No employee received employee benefits of more than £60,000 during the year
9. Trustee remuneration and expenses
No salaries or wages have been paid to employees, including the members of the committee, during the year. The Trustees received no remuneration or expenses for acting as trustees.
During the year the total of expense reimbursed to the trustees, incurred in the course of acting as members of the charity, amounted to £Nil.
1 0. Creditors: amounts falling due within one year
2023 £ Accruals and deferred income 180
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EMPOWERING COMMUNITIES FOR LIFE
Notes to the Financial Statements (continued)
Year ended 15 March 2023
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11. Analysis of charitable funds
Unrestricted funds
At
12 May 202 2 15 March 202
Income Expenditure 3
£ £ £ £
General funds 9,468 (9,435) 33
12. Analysis of net assets between funds
Unrestricted Total Funds
Funds 2023
£ £
Current assets 213 213
Creditors less than 1 year (180) (180)
Net assets 33 33
13. Analysis of changes in net debt
At At
12 May 2022 Cash flows 15 Mar 2023
£ £ £
Cash at bank and in hand 213 213
At
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