Registered Charity Number 1200855
DE-REBIRTH
For The Year Ended 18 May 2023
Citi Accountancy Ltd 6 Wilson Court, 6 Union Road Romford, Essex RM7 0GR
DE-REBIRTH
| CONTENTS | ||
|---|---|---|
| Page | ||
| Report of the Trustees | 2 | |
| Independent Examiner's Report | 3 | |
| Statement of Financial Activities | 4 | |
| Balance sheet | 5 | |
| Notes to the financial statements | 6 - 8 | |
| Detailed Statement of Financial Activities | 10 |
DE-REBIRTH
Report of the Trustees For The Year Ended 18 May 2023
The trustees present their report with the financial statements of the charity For The Year Ended 18 May 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 1200855
Principal Address
48 Vine Street, Apartment 3, Manchester, Salford M7 3PG
Trustees
Racheal Idris Maria Joseph Adesua Ebosele Solomon Airiohuodion
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 02 August 2024 and signed on its behalf by:
Racheal Idris – Trustee
2
Examiner's Report to the Trustees of
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I report on the accounts For The Year Ended 18 May 2023 set out on pages four to eight.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) examination is required.
It is my responsibility to:
-
examine the accounts under Section 145 of the 2011 Act
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5) (b) of the 2011 Act); and to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with Section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Citi Accountancy Ltd
6 Wilson Court, 6 Union Road Romford, Essex
RM7 0GR
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Statement of Financial Activities
For The Year Ended 18 May 2023
| 2023 | ||
|---|---|---|
| Unrestricted Fund | ||
| Notes | £ | |
| INCOMING RESOURCES | ||
| Incoming resources from generated | ||
| Voluntary income | - | |
| Investment income | 4 | - |
| Total Incoming resources | 0 | |
| RESOURCES EXPENDED | ||
| Costs of generating funds | ||
| Costs of generating voluntary income | - | |
| Fundraising trading: cost of goods sold and other costs | - | |
| Governance costs | - | |
| Other resources expended | - | |
| Support Management costs | - | |
| Finance cost | - | |
| Total resources expended | 0 | |
| NET INCOMING RESOURCES | 0 | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 0 | |
| TOTAL FUNDS CARRIED FORWARD | 0 |
The notes form part of these financial statements
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Balance Sheet
as at 18 May 2023
| Note Fixed Assets Tangible assets 8 Current Assets Cash at bank and in hand 3 Debtors 4 Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year Net assets FUNDS Unrestricted funds TOTAL FUNDS |
2023 Unrestricted Fund £ - - - - 0 - 0 0 0 0 |
|---|---|
The financial statements were approved by the Board of Trustees on 02 August 2024 and were signed on its behalf by:
Racheal Idris – Trustee
The notes form part of these financial statements
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Notes to the Financial Statements
For The Year Ended 18 May 2023
1 ACCOUNTING POLICIES
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.
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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Fixtures and fittings 20% straight-line method
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. GRANT
2023 £ Grants/furlough 0.00 3. BANK Cash at hand - 4. DEBTOR Accrual - 6
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors - -
6. INVESTMENT INCOME
Interest receivable - Rents received - -
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits For The Year Ended 18 May 2023.
Trustees’ expenses
There were no trustees’ expenses paid For The Year Ended 18 May 2023.
8. STAFF COSTS
- Wages and salaries -
The average monthly number of employees during the year was as follows:
-
No employees received emoluments in excess of £60,000.00
9. TANGIBLE FIXED ASSETS
| COST At 31 October 2022 Additions DEPRECIATION At 31 October 2022 Charged for the year At 18 May 2023 NET BOOK VALUE At 18 May 2023 |
Freehold Improvements Fixtures & Totals Property to Property Fittings £ £ £ £ - - - - - - - - - - - - 0.00 0.00 0 - - - - - - - - - - - - - |
|---|---|
7
0
Loans
10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
11. MOVEMENT IN FUNDS
| 11. MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net movement | ||||
| 31.10.2022 | in funds | At 18.05.2023 | ||
| Unrestricted funds | ||||
| General fund | 0 | - | - | |
| Total funds | - | - | - | |
| Net movement in funds, included in the above are as | follows: | |||
| Incoming Resources | Resources Expended | Movement in Funds | ||
| Unrestricted funds | ||||
| General fund | - | 0 | - | |
| Total funds | - | 0 | - |
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Detailed Statement of Financial Activities
For The Year Ended 18 May 2023
INCOMING RESOURCES
| Voluntary income Donations Collections Grants & furlough Other income Investment income Interest receivable-trading Rents received Total incoming resources RESOURCE EXPENDED Costs of generating voluntary income Bank charges General and Water Rates Household and cleaning Insurance Legal and professional fees Light and heat Repairs and renewals Stationery and printing Telephone Fundraising trading: cost of goods sold and other costs Bank loan interest Governance costs Donations made Other resources expended Rent and Rates Total resources expended Net income |
2023 £ 0 0 0 0 |
|---|---|
| - | |
| 0 0 |
|
| - | |
| - | |
| 0 0 0 0 0 0 0 0 0 |
|
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - |
Net income
9