REGISTERED CHARITY NUMBER: 283340 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2024 Unity London Finsbury Robinson Limited 237 Westcombe Hill Blackheath London SE3 7DW
Unity London Contents of the Financial Statements for the Year Endèd 31 March 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Ftnancial Statements Detailed Statement of Financial Activities 10 to 11
Unity London Report of the Trustees for the Year Ended 31 March 2024 The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice appEicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Public benefit The charity continued to offer support through prayer, publishing and spiritual educations. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 283340 Principal address 22-23 Her5chell Road Forest Hill London SE23 IEG Trustees L Persaud President S Cooper Trustee Independent ExamFner Finsbury Robinson Limited 237 Westcornbe Hill Blackheath London SE3 7DW Approved by order of the board of trustees on 27 November 2024 and signed on its behalf by: L Persaud - Trustee Page I
Independent Examiner's Report to the Trustees of Unity London Independent examiner's report to the trustees of Unity London I report to the charity trustees on my examination of the accounts of Unity London (the Trust) for the year ended 31 March 2024. Responsibilittes 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 t 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 connertion with the examination giving me cause to believe that in any material respect: accounti ng records were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with those record5; or 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. Finsbury Robin50n Limited 237 Westcombe Hill Blackheath London SE3 7DW 27 November 2024 Page 2
Unity London Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 Total funds 31.3.23 Total funds U nrestricted Restrtcted fund fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 18,603 18,603 22,173 Charitable activities General 13,639 13,639 13,260 Investment income Total 32,242 32,242 35,439 EXPENDITURE ON Charitable activities General 20,746 4,436 25,182 31,572 NET INCOMEI(EXPENDITURE) 11,496 (4,436} 7,060 3,867 RECONCILIATION OF FUNDS Total funds brought forward 71,789 73,943 145,732 141,865 TOTAL FUNDS CARRIED FORWARD 83,285 69,507 152,792 145,732 The notes form part of these financial statements Page 3
Unity London Balance Sheet 31 March 2024 31.3.24 Tota I funds 31.3.23 Total fu nds U nrestricted Restricted fund fund Notes FIXED ASSETS Tangible assets 10 69,507 69,517 73,956 CURRENT ASSETS Debtors Cash at bank 84,175 84,175 72,616 84,17S 84,175 72,616 CREDITOR5 Amounts falling due within one year (900) (900) (840) NET CURRENT ASSETS 83,275 83,275 71,776 TOTAL ASSETS LESS CURRENT LIABILITIES 83,285 69,507 152,792 145,732 NET ASSETS 83,285 69,507 152,792 145,732 FUNDS Unrestricted funds Restricted fu nds 83,285 69,507 71,789 73,943 TOTAL FUNDS 152,792 145,732 The financial statements were approved by the Board of Trustees and authorised for issue on 27 November 2024 and were signed on it5 behalf by: L Persaud - Trustee The notes form part of these financial statements Page 4
Unity London Notes to the Financial Statements for the Year Ended 31 March 2024 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 l 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. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ExpendÉture Liabilities are recognised as expendituie a5 soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that 3 transfer of economic beneftts will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accrua15 basis and has been c4assified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headtngs they have been 351oc3ted to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation ts provided at the following annual rates in order to write off each asset over its estimated useful life. Taxation The charity is exempt from tax on its charitable activitie5. Fund accounting Unrestricted f unds can be used in accordance with the charitable objectives at the discretion of the trustee5. Restrstted funds can only be used for particular restricted purposes within the objects of the ch3ritv. 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. Page 5 continued...
Unity London Notes to the Financial Statements - continued for the Year Ended 31 March 2024 INVESTMENT INCOME 31.3.24 31.3.23 Deposit account interest TRUSTEES, REMUNERATION AND BENEFITS There were no trustee5' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023, Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023, COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIE5 Unrestricted Restricted fund fund Tota1 funds INCOME AND ENDOWMENTS FROM Donations and legacies 22,173 22,173 Charitable activities General 13,260 13,260 I nvestment income Total 35,439 35,439 EXPENDITURE ON Charitable activities General 27,136 4,436 31,572 NET INCOME/(EXPENDITURE) 8,303 (4,436) 3,867 RECONCILIATION OF FUNDS Total funds brought forward 63,48G 78,379 141,865 TOTAL FUNDS CARRIED FORWARD 71,789 73,943 145,732 Page 6 continued...
Unity London Notes to the Financial Statements- continued for the Year Ended 31 March 2024 TANGIBLE FIXED ASSETS Fixtures and fitt ings Freehold propertv Computer equipment Totals COST At l April 2023 and 31 March 2024 177,458 4,400 340 182,198 DEPRECIATION At l April 2023 Charge for year 103,515 4,436 4,400 327 108,242 4,439 At 31 March 2024 107,951 4400 330 112,681 NET BOOK VALUE At 31 March 2024 69,507 10 69,517 At 31 March 2023 73,943 13 73,956 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3,23 Prepayments and accrued Èncome CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Other creditors 900 840 MOVEMENT IN FUNDS Net movement in funds At 31.3.24 At 1.4,23 Unrestricted funds General fund 71,789 11,496 83,285 Restricted funds Restricted Fund 73,943 (4,436) 69,507 TOTAL FUNDS 145,732 7,060 152,792 Page 7 continued...
Unity London Notes to the Financial Statements- continued for the Year Ended 31 March 2024 MOVEMENT IN FUNDS- continued Net movement in funds, included in the above are as follows: Incoming resou rces Resources expended Movement in funds Unrestricted funds General fund 32,242 (20,746) 11,496 Restricted funds Restricted Fund (4,436) (4,436} TOTAL FUNDS 32,242 (25,182> 7,060 Comparatives for movement in funds Net movement in funds At 31.3.23 At 1.4.22 Unrestricted funds General fund 63,486 8,303 71,789 Restrirted funds Restricted Fund 78,379 {4,436) 73,943 TOTAL FUNDS 141,865 3,867 145,732 Comparative net movement in funds, included 4n the above are ès follow5: IncGmin£ resources Resou rces expended Movement in funds Unrestricted funds General fund 35,439 {27,136) 8,303 Restricted funds Restricted Fu nd {4,436) (4,4361 TOTAL FUNDS 35,439 {31,572) 3,867 Page 8 continued...
Unity London Notes to thÈ Financial Statements- continued for the Year Ended 31 March 2024 RELATED PARfi DISCLOSURES There were no related party trans3Ctions for the year ended 31 March 2024. Page 9 continued...
Unity London Detailed Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS Donations and legacies Donation5 18,603 22,173 Investment income Deposit account interest Charitable activities Centre income Book sales Courses 13,201 438 13,056 204 13,639 13,260 Total incoming resources 32,242 35,439 EXPENDITURE Charitable activities Rates and water Insurance Light and heat Telephone Cleaning L Persaud Rev McArthur Books Repairs and renewals Rev P Mapletoft Retreat costs Depreciation of tangi ble fixed assets 1,366 963 3,015 904 910 3,600 7,310 891 684 200 943 860 2,706 629 541 4,200 7,200 1,277 1,052 6,884 4,440 4,439 24,282 30,732 Page 10
Unity London Detailed Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 31,3.23 Support costs Finance Bank Charges Governance costs Accountancy and legal fees 900 840 Total resources expended 25,182 31,572 Net income 7,060 3,867 This page does not form part of the statutory f inancial statement5 Page 11