**REGISTERED CHARITY NUMBER: 1199675** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **FOR** **LEHOVO CHARITABLE INCORPORATED ORGANISATION (C.I.O)** Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL **LEHOVO CHARITABLE INCORPORATED ORGANISATION (C.I.O)** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|7| ## **LEHOVO CHARITABLE INCORPORATED ORGANISATION (C.I.O)** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024** The trustees present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The charity supports families and individuals disadvantaged by poverty, illness, discrimination, and dysfunction to meet their needs and rehabilitate them to the point of improved function. Their needs encompass the educational, religious, health and poverty spectrum and it was originally assumed that the charity would work in consonance with other organisations to achieve this through judicious grant-giving. It is clear, however, that the charity will need to undertake direct activity and the objects as they are worded do not clearly allow the charity to do so. The amendment is to clearly allow the charity to carry out its objects directly as well as through grants. ## **Public benefit** The Trustees have taken due heed of their obligations relating to Public Benefit Duty affecting charities, as well as to their obligations under the Equalities Act 2010. The Trustees are satisfied that they meet their obligations. ## **Grantmaking** Grants are made at the discretion of the trustees and in accordance with the principal objectives of the charity. ## **FINANCIAL REVIEW** ## **Reserves policy** The reserves policy is to ensure that there is a sufficient stream of income to meet the working capital of the charity. ## **FUTURE PLANS** The future goals of the charity are to continue carrying out its objectives. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** Lehovo is a Charitable Incorporated Organisation (CIO), registered with the Charity Commission and governed by its constitution dated 15th July 2022. ## **Recruitment and appointment of new trustees** It is not currently the intention of the trustees of the charity to appoint new trustees. Should this situation change in the future, the trustees will apply suitable recruitment and training procedures. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1199675 ## **Principal address** 56 Rostrevor Avenue London N15 6LP ## **Trustees** Mrs N Paksher Mrs C B Lieber Y Lider Page 1 ## **LEHOVO CHARITABLE INCORPORATED ORGANISATION (C.I.O)** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024** ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Independent Examiner** Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL Approved by order of the board of trustees on 8 September 2024 and signed on its behalf by: Mrs N Paksher - Trustee Page 2 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEHOVO CHARITABLE INCORPORATED ORGANISATION** ## **(C.I.O)** ## **Independent examiner's report to the trustees of Lehovo CHARITABLE INCORPORATED ORGANISATION (C.I.O)** I report to the charity trustees on my examination of the accounts of Lehovo CHARITABLE INCORPORATED ORGANISATION (C.I.O) (the Trust) for the year ended 31 August 2024. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts 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 a proper understanding of the accounts to be reached. M A Venitt Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL 8 September 2024 Page 3 ## **LEHOVO CHARITABLE INCORPORATED ORGANISATION (C.I.O)** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024** ||||Period|| |---|---|---|---|---| ||||15.7.22|| |||Year ended|to|| |||31.8.24|31.8.23|| |||Total|Total|| |||funds|funds|| ||Notes|£|£|| |**NET INCOME**||-||-| |**RECONCILIATION OF FUNDS**||||| |Total funds brought forward||-||-| |**TOTAL FUNDS CARRIED FORWARD**||-||-| The notes form part of these financial statements Page 4 ## **LEHOVO CHARITABLE INCORPORATED ORGANISATION (C.I.O)** ## **BALANCE SHEET 31 AUGUST 2024** |||31.8.24||31.8.23|| |---|---|---|---|---|---| |||Total||Total|| |||funds||funds|| ||Notes|£||£|| |**NET CURRENT ASSETS**|||-||-| |**TOTAL ASSETS LESS CURRENT**|||||| |**LIABILITIES**|||-||-| |**NET ASSETS**|||-||-| |**FUNDS**|4||||| |**TOTAL FUNDS**|||-||-| The financial statements were approved by the Board of Trustees and authorised for issue on 8 September 2024 and were signed on its behalf by: N Paksher - Trustee C B Lieber - Trustee The notes form part of these financial statements Page 5 ## **LEHOVO CHARITABLE INCORPORATED ORGANISATION (C.I.O)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **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. ## **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. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the period ended 31 August 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 August 2024 nor for the period ended 31 August 2023. ## **3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Total|| |---|---|---| ||funds|| ||£|| |**NET INCOME**||-| |**TOTAL FUNDS CARRIED FORWARD**||-| Page 6 continued... **LEHOVO CHARITABLE INCORPORATED ORGANISATION (C.I.O)** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2024** ## **4. MOVEMENT IN FUNDS** |**MOVEMENT IN FUNDS**|||| |---|---|---|---| |||Net|| |||movement|At| ||At 1.9.23|in funds|31.8.24| ||£|£|£| |**TOTAL FUNDS**|-|-|-| |Net movement in funds, included in the above are as follows:|||| ||Incoming|Resources|Movement| ||resources|expended|in funds| ||£|£|£| |**TOTAL FUNDS**|-|-|-| ## **5. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 August 2024. Page 7