THE ARMENIAN RELIEF SOCIETY OF GREAT BRITAIN
Charity Number: 327389
THE ARMENIAN RELIEF SOCIETY OF GREAT BRITAIN
Trustees Report and Financial Statements
for the year ended 31 October 2023
THE ARMENIAN RELIEF SOCIETY OF GREAT BRITAIN
Contents
| Legaland Administrative Information | 1 |
|---|---|
| Trustees Report | 2 |
| Independent Examiner Report | 3 |
| Statement of FinancialActivities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6-7 |
THE ARMENIAN RELIEF SOCIETY OF GREAT BRITAIN
Legal and Administrative Information
Charity No. 327389 Charity Address Armenian Relief Scoiety of Great Britain 19 Somervell Road Harrow Middlesex HA2 STY Trustees Silva Maihi-Vartanians Chairperson - appointed 10/01/2024 Arshalaoys Babayan Vice Chair - appointed 10/01/2024 Mrs Sonic Aharon-Jojaghaian Armenian Secretary - appointed 10/01/2024 Mrs. Sona Jakeman English Secretary - appointed 10/01/2024 Zaghgoosh Mantusian Chalehmamakai Treasurer & Book-keeper - appointed 10/01/2024 Independent Examiner Ashburns Accountants Ltd Chartered Accountants and Registered Auditors 70-72 Victoria Road Ruislip Manor Middlesex HA4 0AH Bankers Natwest Bank South Kensington Station Branch PO Box No. 592 18 Cromwell Place SW7 2LB
Page 1
THE ARMENIAN RELIEF SOCIETY OF GREAT BRITAIN
Independent Examiner's Report To The Trustees On The Unaudited Accounts Of Armenian Relief Society.
We report on the accounts of the Trust for the year ended 31st October 2023, which are set out on pages 1 to 7.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. They consider that under SORP 2015 and section 144(2} Charities Act 2011 the charity is exempt from an audit and that an independent examination is needed instead.
It is our responsibility to:
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examine the accounts under section 145 of the 2011Act;
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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
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to state whether particular matters have come to our attention.
Basis of independent examiner's report
Our 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 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 our examination, no matter has come to our attention:
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(a) which gives us reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011Act have not been met; or
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(b} to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
~~::~~
Ashburns Accountants Ltd
Chartered Accountants and Registered Auditors 70-72 Victoria Road, Ruislip, Middlesex, HA4 0AH
Date: 01/10/2024
Page 3
THE ARMENIAN RELIEF SOCIETY OF GREAT BRITAIN
Statement of Financial Activities for the year ended 31 October 2023
| Incoming resources Donationsreceived Donations Received-In lieu Donations Received-Orphans Donations Received-Students Donations Received-New year Donations Received-StSarkis Donations Received-Easter Donations Received-Garden Party DonationsReceived- StreetParty DonationsReceived-40th Anniversary Donations Received-Lottery Members Subscriptions receivable Interest Received Otherincome Charitable Expenditure FunctionGain/Loss-Mother's day Rent Printing Postage and Carriage OfficeStationery Subsistence Travelling Entertainment Computer& Consumables DonationsPayable- ARSCentral Office Donations Payable-ARS Chapters DonationsPayable-Church DonationsPayable-Schools DonationsPayable-OtherAssociations AccountancyFees Bank Charges Sundry expenses Totalresourcesexpended Net movementinfunds Netincome fortheyear Prioryearadjusted Fundsbalance b/f |
2023 £ 6,337.10 10 142,899.81 320 55 95 1,978.00 120 980 9,640.00 4,764.00 1,950.00 608.51 24.09 169,782 2,521.40 1,500.00 133.63 97.13 57.57 15 1,380.24 51.15 152 148,332.84 833.34 200 1,300.00 3,680.00 1,050.00 (150) 161,154 8,627 79,940 |
2022 £ 57,173 (51) 4,173 61 197 |
||
|---|---|---|---|---|
| 61,553 | ||||
| 3,000 548 515 68,703 850 {22) (45) |
||||
| 73,550 | ||||
| (11,997) 91,937 |
Funds balance c/f
88,568
79,940
All of the above amounts relate to continuing activities and relate to unrestricted funds.
The statements of financial activities includes all gains and losses in the year and therefore a separate statement of recognised gains and losses has not been prepared.
Page 4
THE ARMENIAN RELIEF SOCIETY OF GREAT BRITAIN
Balance Sheet as at 31 October 2023
| 2023 £ Current Assets Debtors 1,033 VatRefund 721 Cash in Hand&Bank 87,886 US dollar 53 89,692 Current Liabilities Trade Creditor Prepayments 75 Accruals 1,050 1,125 Total Net Assets Capital&Reserves Equity balance b/fwd. Incomesurplus/(deficit) Total Charity Funds Signed on behalf of theTrustees |
£ | 2022 £ 275 219 80,293 53 |
£ 79,940 |
|---|---|---|---|
| 80,840 | |||
so850 |
|||
| 900 | |||
| 88,567 79,940 8,627 88,567 |
|||
| 91,937 (11,997) |
|||
| 79,940 | |||
The Chair The Trustee Date: 01/10/2024
Pagè S
THE ARMENIAN RELIEF SOCIETY OF GREAT BRITAIN
Notes forming part of the Accounts for the year ended 31 October 2023
1 Accounting Policies
a) Accounting Standards
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP 2015), and the charities (accounts and reports) regulations 2011 and applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are as follows:
b) Incoming Resources
Donations, subscriptions and income from fund raising events are recognised in the year they are receivable.
c) Expenditure & Liabilities
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure.
d) Funds Structure Policy
All the operations of the charity are unrestricted in nature.
e) Volunteer help
The value of any voluntary help received is not included in the financial statements.
2 Trustees' remuneration & expenses
The trustees did not receive any remuneration and disbursements from the charity during the year, (2022: Nil).
3 Donations
| Donations 2023(£) Donations received 6,337.10 Donations Received-Inlieu 10 Donations Received-Orphans 142,899.81 Donations Received-Students 320 Donations Received-Newyear 55 Donations Received- St Sarkis 95 Donations Received -Easter 1,978.00 Donations Received-Garden Party 120 Donations Received-StreetParty 980 DonationsReceived - 40thAnniversary 9,640.00 Donations Received-Lottery 4,764.00 167,199 |
2022(£) 57,173 (51) |
|---|---|
| 57,122 |
Page 6
THE ARMENIAN RELIEF SOCIETY OF GREAT BRITAIN
Notes Cont.
| 4 Tangible assets Cost At 1 November 2022 At 31October2023 Depreciation At 1 November2022 At 31October2023 Net Book Value At 31October2023 5 Debtors TradeDebtors (Outstaning fees) VAT refund due 6 CurrentLiabilities Prepayment(Members paidinadvance) Accruals&deferred Income |
Equipment 16,221 16,221 16,221 16,221 20231,033 721 1,754 202375 1,050 1,125 |
Total 16,221 16,221 16,221 16,221 2022 |
|
|---|---|---|---|
20221,090 1,090 |
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Page 7