REGISTERED CHARITY NUMBER:
Report of the Trustees and Unaudited Financial Statements for the Period 18 July 2022 to 31 March 2023 for Thalassemia Relief
Lindley Adams Limited Chartered Accountants 28 Prescott Street Halifax West Yorkshire HX1 2LG
Thalassemia Relief
Contents of the Financial Statements for the Period 18 July 2022 to 31 March 2023
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Statement of Financial Activities | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 to 5 |
| Detailed Statement of Financial Activities | 6 |
Thalassemia Relief
Report of the Trustees for the Period 18 July 2022 to 31 March 2023
The trustees present their report with the financial statements of the charity for the period 18 July 2022 to 31 March 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
Principal address
19 Overton Drive Bradford BD6 3NE
Trustees
A Khan Ms S Kousar Mrs R L Khan
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on 2 January 2024 and signed on its behalf by:
Trustee
Page 1
Thalassemia Relief
Statement of Financial Activities
for the Period 18 July 2022 to 31 March 2023
| Unrestricted | ||
|---|---|---|
| fund | ||
| Notes | £ | |
| INCOMING RESOURCES | ||
| Incoming resources from generated funds | ||
| Voluntary income | 17,451 | |
| RESOURCES EXPENDED | ||
| Costs of generating funds | ||
| Costs of generating voluntary income | 6,129 | |
| Charitable activities | ||
| Charitable | 9,010 | |
| Governance costs | 2,948 | |
| Other resources expended | 236 | |
| Total resources expended | 18,323 | |
| NET INCOMING/(OUTGOING) RESOURCES | (872) | |
| TOTAL FUNDS CARRIED FORWARD | (872) |
The notes form part of these financial statements
Page 2
Thalassemia Relief
Balance Sheet At 31 March 2023
| Unrestricted | ||
|---|---|---|
| fund | ||
| Notes | £ | |
| CURRENT ASSETS | ||
| Cash at bank | 876 | |
| CREDITORS | ||
| Amounts falling due within one year | 3 | (1,748) |
| NET CURRENT ASSETS/(LIABILITIES) | (872) | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | (872) | |
| NET ASSETS/(LIABILITIES) | (872) | |
| FUNDS | 4 | |
| Unrestricted funds | (872) | |
| TOTAL FUNDS | (872) |
The financial statements were approved by the Board of Trustees on 2 January 2024 and were signed on its behalf by:
Trustee
The notes form part of these financial statements
Page 3
Thalassemia Relief
Notes to the Financial Statements for the Period 18 July 2022 to 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
T
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
At present the charity has no restricted funds.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
Going Concern
These accounts have been prepared on the going concern basis.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the period ended 31 March 2023.
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors Other creditors |
£ 308 1,440 |
|---|---|
| 1,748 |
Page 4
Thalassemia Relief
Notes to the Financial Statements - continued for the Period 18 July 2022 to 31 March 2023
4. MOVEMENT IN FUNDS
| Net | ||
|---|---|---|
| movement in | ||
| funds | At 31.3.23 | |
| £ | £ | |
| Unrestricted funds | ||
| General fund | (872) | (872) |
| TOTAL FUNDS | (872) | (872) |
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement in | |
|---|---|---|---|
| resources | expended | funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 17,451 | (18,323) | (872) |
| TOTAL FUNDS | 17,451 | (18,323) | (872) |
Page 5
Thalassemia Relief
Detailed Statement of Financial Activities for the Period 18 July 2022 to 31 March 2023
| INCOMING RESOURCES Voluntary income Donations Total incoming resources RESOURCES EXPENDED Costs of generating voluntary income Motor and travel Collection boxes and badges Donation transfer costs Charitable activities Sundries Grants to individuals Governance costs Accountancy Support costs Finance Interest charges Bank charges Total resources expended Net expenditure |
£ 17,451 17,451 2,903 2,818 408 6,129 250 8,760 9,010 2,948 156 80 236 18,323 (872) |
|---|---|
This page does not form part of the statutory financial statements
Page 6