## **REPORT OF THE DIRECTORS AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 10 MARCH 2022 TO 31 MARCH 2023** ## **FOR** ## **LOVE AND CARE FOUNDATION LTD** **LOVE AND CARE FOUNDATION LTD** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 10 MARCH 2022 TO 31 MARCH 2023** ||**Page**| |---|---| |**Company Information**|1| |**Report of the Directors**|2| |**Income Statement**|3| |**Balance Sheet**|4| |**Notes to the Financial Statements**|5| |**Report of the Accountants**|6| |**Detailed Income and Expenditure Account**|7| **LOVE AND CARE FOUNDATION LTD** ## **COMPANY INFORMATION** ## **FOR THE PERIOD 10 MARCH 2022 TO 31 MARCH 2023** |**DIRECTORS:**|K M Doue| |---|---| ||Rev D P J Kousso| |**SECRETARY:**|K P Zoucouba| |**REGISTERED OFFICE:**|Flat 12 Broomfield House| ||Massinger Street| ||London| ||SE17 1SY| |**REGISTERED NUMBER:**|13967616 (England and Wales)| |**ACCOUNTANTS:**|Appiatse & Associates| ||Chartered Certified Accountants| ||191 Waltham Way| ||Chingford| ||London| ||E4 8AG| Page 1 **LOVE AND CARE FOUNDATION LTD** ## **REPORT OF THE DIRECTORS FOR THE PERIOD 10 MARCH 2022 TO 31 MARCH 2023** The directors present their report with the financial statements of the company for the period 10 March 2022 to 31 March 2023. ## **INCORPORATION** The company was incorporated on 10 March 2022. ## **DIRECTORS** The directors who have held office during the period from 10 March 2022 to the date of this report are as follows: K M Doue - appointed 10 March 2022 Rev D P J Kousso - appointed 10 March 2022 This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. ## **ON BEHALF OF THE BOARD:** K M Doue - Director 6 December 2023 Page 2 **LOVE AND CARE FOUNDATION LTD** ## **INCOME STATEMENT** ## **FOR THE PERIOD 10 MARCH 2022 TO 31 MARCH 2023** |**TURNOVER**
Cost of sales
**GROSS DEFICIT**
Administrative expenses
Other operating income
**OPERATING SURPLUS and**
**SURPLUS BEFORE TAXATION**
Tax on surplus
**SURPLUS FOR THE FINANCIAL PERIOD**|**£**
**-**
**8,344**
**(8,344)**
**1,508**
**(9,852)**
**9,852**
**-**
**-**
**-**| |---|---| The notes form part of these financial statements Page 3 **LOVE AND CARE FOUNDATION LTD (REGISTERED NUMBER: 13967616)** ## **BALANCE SHEET 31 MARCH 2023** |Notes
**CURRENT ASSETS**
Cash at bank
**CREDITORS**
Amounts falling due within one year
4
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**RESERVES**|**£**
**5,568**
**5,568**| |---|---| ||**-**| ||-| The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023. The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for: - (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Board of Directors and authorised for issue on 6 December 2023 and were signed on its behalf by: K M Doue - Director The notes form part of these financial statements Page 4 **LOVE AND CARE FOUNDATION LTD** **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 10 MARCH 2022 TO 31 MARCH 2023** ## 1. ## **STATUTORY INFORMATION** Love And Care Foundation Ltd is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. ## 2. ## **ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Taxation** Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. ## **Deferred tax** Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. ## 3. **EMPLOYEES AND DIRECTORS** The average number of employees during the period was 2. ## 4. **CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Trade creditors
Other creditors|**£**
**5,055**
**513**| |---|---| ||**5,568**| Page 5 **LOVE AND CARE FOUNDATION LTD** ## **REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF LOVE AND CARE FOUNDATION LTD** As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 March 2023 set out on pages three to five and you consider that the company is exempt from an audit. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. Appiatse & Associates Chartered Certified Accountants 191 Waltham Way Chingford London E4 8AG Date: ............................................. This page does not form part of the statutory financial statements Page 6 **LOVE AND CARE FOUNDATION LTD** ## **DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD 10 MARCH 2022 TO 31 MARCH 2023** |**Income**
**Cost of sales**
Events & seminars
**GROSS DEFICIT**
**Other income**
Lottery grant
**Expenditure**
Sundry expenses
Consultancy fees
Accountancy
**Finance costs**
Bank charges
**NET SURPLUS**|**£**
**60**
**985**
**450**|**£**
**-**
**8,344**
**(8,344)**
**9,852**
**1,508**
**1,495**
**13**
**13**
**-**| |---|---|---| This page does not form part of the statutory financial statements Page 7