## **GERMAN WELFARE COUNCIL (Deutscher Sozialausschuss/Deutsche Sozialberatungsstelle)** Unaudited Financial Statements for the year ended 31 December 2023 Charity No: 288538 **GERMAN WELFARE COUNCIL (Deutscher Sozialausschuss/Deutsche Sozialberatungsstelle)** Statement of accounts for the year ended 31 December 2023 ___________________________________________________________________________ ## _Contents_ ## _Page_ - 1 Trustees and officers 2-3 Trustees’ report 4 Independent examiner's report 5 German Welfare Council - Statement of financial activities for the year ended 31 December 2023 - 6 German Welfare Council - Balance sheet as at 31 December 2023 7-8 Accounting policies 9-11 Notes to the accounts **GERMAN WELFARE COUNCIL (Deutscher Sozialausschuss/Deutsche Sozialberatungsstelle)** Trustees and Officers ___________________________________________________________________________ TRUSTEES U Bauer V Gronewold B Von Alten (resigned 31 December 2023) J Rhys A Haase A Blum A Palmer CHAIRMAN U Bauer HONORARY TREASURER J Rhys HONORARY SECRETARY V Gronewold OFFICE MANAGER Doreen Scording CHARITY REGISTRATION NUMBER 288538 (England and Wales) ## PRINCIPAL OFFICE 35 Craven Terrace London W2 3EL ## BANKERS HSBC Bank plc 31 Euston Road London NW1 2ST Metrobank One Southampton Row London WC1B 5HA ## INDEPENDENT ACCOUNTANTS TC Group 6[th] Floor King’s House 9-10 Haymarket London SW1Y 4BP - 1 - ## **GERMAN WELFARE COUNCIL (Deutscher Sozialausschuss/Deutsche Sozialberatungsstelle)** Trustees’ Report ___________________________________________________________________________ The Trustees submit their report for the year ended 31 December 2023. ## OBJECTIVES OF THE CHARITY The objectives of the charity are: - (A) To relieve poverty amongst persons predominantly of German origin who are in necessitous circumstances by the provisions of financial assistance to such persons and by such other means as shall further the said object. - (B) To relieve the aged, particularly through the provision of recreational facilities for elderly persons predominantly of German origin who have need thereof by reason of their age or economic circumstances with the object of improving their conditions of life. ## CONSTITUTION The Trust was created by deed on 23 January 1984 and is an unincorporated charity (Registered Charity No. 288538). The address of its principal office is: 35 Craven Terrace London W2 3EL ## TRUSTEES AND OTHER RELEVANT PERSONS The names of the Trustees and other relevant persons who have held office during the year are listed on page 1. Trustees are appointed by the members at the Annual General Meeting or coopted by the Executive Committee for approval by the members at the Annual General Meeting. Trustees have a term of office of three years and re-election is permissible. ## REVIEW OF ACTIVITIES The result for the year is shown on page 5 and the position at the end of the year is shown on page 6. - 2 - G￿.￿￿lAN II'EI,fr,IRF. CUUNCII. (Deutjther $07.l#l¥ysKhu5511)eutSthe SoilAlberAlllllgSStellel Tn￿1¢￿5 Re￿￿rt Iconlinucdl CIIAIRMAN'S RIPORT In the ￿￿)rtlrtg year of 2023 we werc very gratcful for Ihc unexpccicd large donation from a fellow charily. which prvvidts tss wilh mor¢ securily its kecp providinbi i>ur 5eryices f()r Ihc ￿)mIng years. Mjny tliJnk5 fo ihc trust¢cs of thc tadics ComTniiiC¢ fror Ilomc Missions who thought of us wh¢n thcy wound up iheir or¥anisaiion. Wc would likc ￿ thank thc KWII Fund for ih¢ir most gcncrou5 ongoing finluhcial support towards th¢ Gcrn)an Welfarc Council and 8rants for our clients. This ¢oniinuing fundin¥ sc¢urcs our fuwte. We also very much appreciate ihe suppon of the Gemwi YMCA wilh the provision of our oific¢s nd lols mor¢. But I should not forget our memb¢rs. Iwslecs. and the many others who hav¢ supportLd the GWC throughout the year, financially or by thc gift of lim¢. Their supwjrt is also vithl for us. so we can employ our Social Worker Dorttn Sc4)rding. She has kcpi the s¢rvicc Smoothly for many Yea￿ now and w¢ arc v¢ry happy io hJve h¢r. BJrbara von Alien has left ihc commiitee ￿ work for a chaniy oversus. W¢ are grateful for all the work She has put inlo our medings over ihe years and wish her thc IK51 of luck in her new calling. In her plac¢ w¢ w¢lcom¢ Anijc Palmcr into the number oftsitsices. Sh¢ know5 our work w¢ll as 5hc h&q Worked as a so¢ial worker for us som¢ lime a80. On behalf ofthe Tn￿1￿8 U BAUER Chaiman 14 May 2024 ## **Independent examiner’s report to the trustees of GERMAN WELFARE COUNCIL (Deutscher Sozialausschuss/Deutsche Sozialberatungsstelle)** ___________________________________________________________________________ I report on the accounts of the trust for the year ended 31 December 2023 which are set out on pages 5 to 9. ## **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) and that an independent examination is needed. 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 independent examiner’s report** My examination was carried out in accordance with 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 the 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 statement below. ## **Independent examiner’s statement** In connection with my examination, no matter has come to my attention: - 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 comply with the accounting requirements of the 2011 Act have not been met ; or - to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## David R Leigh FCA TC Group 6[th] Floor King’s House 9-10 Haymarket London SW1Y 4BP …………………. 14 May 2024 - 4 - **GERMAN WELFARE COUNCIL** ## **(Deutscher Sozialausschuss/Deutsche Sozialberatungsstelle)** ## **Statement of financial activities for the year ended 31 December 2023** |INCOME FROM
Other donations
KWII
Subscriptions
Bank interest received
Total income
EXPENDITURE ON
Accountancy
Salaries
Pension
Sundries
Telephone, printing, postage and
stationery - administrative
Bank charges
Computer running
Rent, rates, service charges and
insurance
Travel and subsistence
Staff training and seminars
Legal and professional
Computer equipment
depreciation
Cultural activities - Charitable
Donations on behalf of KWII
Other donations
Total expenditure
**Net income/(expenditure)**
Total funds at 31 December
2022
**Total funds at 31 December 2023**|**Unrestricted**
**2023**
**£**
113,323
60,000
695
-
174,018
2,788
52,416
3,643
92
2,628
326
40
1,618
284
344
1,746
-
171
-
-
66,096
107,922
89,338
197,260|**Restricted**
**2023**
**£**
17,150
40,000
-
-
57,150
-
-
-
-
-
-
-
-
-
-
-
-
-
42,082
18,900
60,982
(3,832)
52,488
48,656|**Total**
**2023**
**£**
130,473
100,000
695
-
231,168
2,788
52,416
3,643
92
2,628
326
40
1,618
284
344
1,746
-
171
42,082
18,900
127,078
104,090
141,826
245,916|**Unrestricted**
**2022**
**£**
2,240
50,000
390
-
52,630
2,288
47,949
3,657
67
1,682
224
120
1,472
319
213
1,843
204
255
-
-
60,293
(7,663)
97,001
89,338|**Restricted**
**2022**
**£**
18,370
49,000
-
-
67,370
-
-
-
-
-
-
-
-
-
-
-
-
-
37,747
16,570
54,317
13,053
39,435
52,488|**Total**
**2022**
**£**
20,610
99,000
390
-| |---|---|---|---|---|---|---| |||||||120,000| |||||||2,288
47,949
3,657
67
1,682
224
120
1,472
319
213
1,843
204
255
37,747
16,570| |||||||114,610| |||||||5,390
136,436| |||||||141,826| The notes on pages 7 to 11 form part of these accounts - 5 - ClER￿lAN IVELFARE C.'UUliC-.11. {Deu¢s¢her Sozl*l*ttsschu551Dtutsche ￿$0￿Alberg1un%ss1ejle lJalan¢¢ sheet ai 31 D¢Leinbu 202J 02 2022 Nole Fixed assets Currcnl assL'LS tkbtors prepayments CHsh in hand Cash with bankus 219 520 247,677 209 620 142.997 248.416 143.829 cUT￿nI liabilitiCS Creditors 2.5(Kl Nei ¢urreni ass¢Ls 245.916 141.826 245.916 141.S?6 R¢pr¢Kft￿d by: Funds Unrestricted R¢stricicd 197.260 48.656 89.338 52.4118 Batance at 31 December 245.916 141.826 U BAUER Chairnhan 14 May 2024 The noics on pJ8es 7 10 1 I fonn part of these accounts **GERMAN WELFARE COUNCIL (Deutscher Sozialausschuss/Deutsche Sozialberatungsstelle)** Accounting policies for the year ended 31 December 2023 ___________________________________________________________________________ ## BASIS OF PREPARATION AND ASSESSMENT OF GOING CONCERN The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK (FRS 102) published on 16 July 2014, the Financial Reporting Standard applicable in the UK (FRS 102), and the Charities Act 2011. The Charity constitutes a public benefit entity as defined by FRS 102. The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern. ## INCOME RECOGNITION Income is derived from subscriptions, donations and investment income. All income is recognised once the charity has entitlement to the income, there is sufficient certainty or receipt and so it is probable that the income will be received, and the amount of income received can be measured reliably. Investment income is accounted for on the payment date for grants and donations, and for deposit and building society interest on the date it is credited by the bankers and building society. ## EXPENDITURE RECOGNITION Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of obligation can be measured reliably. Expenditure is accounted for under the accruals concept. Grants are accrued for at the time the trustees authorise them. Since 1 January 2002, certain relevant expenditure has been apportioned between charitable and administrative expenses. This has been applied in relation to staff salaries and expenses; and telephone, printing, postage and stationery. In addition, travelling expenses and cultural activities are now accounted for as charitable expenditure. ## DEPRECIATION Depreciation is provided to write off the cost, less estimated residual values, of all fixed assets, over their expected lives. It is calculated at the following rates:- Computer equipment - 33 1/3% per annum on straight line basis - 7 - **GERMAN WELFARE COUNCIL (Deutscher Sozialausschuss/Deutsche Sozialberatungsstelle)** Accounting policies for the year ended 31 December 2023 ___________________________________________________________________________ ## PENSIONS The charity operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the unrestricted funds of the charity in the statement of financial activities in the period they are payable. The charity contribution is restricted to the contributions disclosed in note 9. There were no outstanding contributions at the year end. - 8 - **GERMAN WELFARE COUNCIL (Deutscher Sozialausschuss/Deutsche Sozialberatungsstelle)** Notes forming part of the accounts for the year ended 31 December 2023 ___________________________________________________________________________ ## 1 **FIXED ASSETS** |_Cost_
At 1 January 2023
Additions
Disposals
At 31 December 2023
_Depreciation_
At 1 January 2023
Charge for year
Depreciation on disposals
At 31 December 2023
_Net Book Value_
At 31 December 2023
At 31 December 2022
2**DEBTORS**
Other debtors
3**CASH IN HAND**
Petty cash ‘GWC’ account (unrestricted)
Petty cash 'B' account (restricted)|Computer
Equipment
£
9,157
-
-
---------
--
9,157
=====
=
9,157
-
-
---------
--
9,157
=====
=
-
=====
=
-
=====
=
2023
£
219
£
427
93
---------
--
520
=====
=|Total
£
9,157
-
-
-------
9,157
====
9,157
-
-
-------
9,157
====
-
====
-
====
2022
£
209
£
277
343
-------
620
====| |---|---|---| - 9 - ## **GERMAN WELFARE COUNCIL (Deutscher Sozialausschuss/Deutsche Sozialberatungsstelle)** Notes forming part of the accounts for the year ended 31 December 2023 ___________________________________________________________________________ ## 4 **CASH WITH BANKERS** |||2023|2022| |---|---|---|---| |||£|£| ||HSBC plc 'A' account (unrestricted)|195,887|92,385| ||HSBC plc 'B' account (restricted)|46,242|50,612| ||Metrobank ‘B’ account (restricted)|683|-| ||Metrobank ‘C’ account (unrestricted)|4,865|-| |||----------|----------| |||247,677|142,997| |||======|======| |5|**CREDITORS**||| |||£|£| ||Accruals|2,500|2,000| ||Other creditors|-|-| |||----------|----------| |||2,500|2,000| |||======|======| ## 6 **FUNDS** The restricted fund is represented by grants and donations received for specific charitable expenditure. ## 7 **INDEPENDENT EXAMINER’S REMUNERATION** The independent examiner’s remuneration constituted an independent examination fee of £2,500 (2022: £2,000). ## 8 **RELATED PARTY TRANSACTIONS AND TRUSTEES’ REMUNERATION AND EXPENSES** The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind (2022: £nil). None of the trustees were paid expenses during the year (2022: £nil). There were no related party transactions during the year (2022: £nil) - 10 - ## **GERMAN WELFARE COUNCIL (Deutscher Sozialausschuss/Deutsche Sozialberatungsstelle)** Notes forming part of the accounts for the year ended 31 December 2023 ___________________________________________________________________________ ## 9 **EMPLOYEES** ||£|£| |---|---|---| |Salaries and wages|51,890|47,626| |Social security costs|526|323| |Other pension costs|3,643|3,657| ||----------|----------| ||56,059|51,606| ||======|======| The average number of employees during the year was 1 (2022: 1) with all employee time involved in providing either support to the governance of the charity or support services to charitable activities. No employees had employee benefits in excess of £60,000 (2022: £nil). - 11 -