CHARITY REGISTRATION NUMBER: NIC107663 Let's Change Tomorrow - oAfjcA C£sP¥ ' Unaudited Financial Statements 30 November 2023 PFS ACCOUNTANTS AND AUDITORS LTD Chartered Certified Accountant 122 Main Street Dungiven Co Derry BT47 4LG
Let's Change Tomorrow Financial Statements Year ended 30 November 2023 Page Trustees, annual report Independent examinerfs report to the trustees Statement of financial activities Statem8nt of financial position Notes to the financial ststements
Let's Change Tomorrow Trustees. Annual Report Year ended 30 November 2023 The trustees present thelr report and the unaudited financial statements of the charity for the year ended 30 November 2023 Reference and admlnlstratlve detalls Reglstered charity name Let's Change Tomorrow Charlty reglstratlon number NIC107663 Princlpal office and registsred 26 Ardcaim offlce Dungiven Co Derry BT47 4UB The trustees Anne Mccloskey Rebecca Doran Berach O'Hagan Accountants PFS Accountants and auditors Ltd Chartered accountant 122 Main Street Dungiven Co Derry BT47 4LG Structurei governance and management Let's Change Tomorrow Trust was established on 19 Febwary 2020 and has three trustees. The trust constltutlon was fomally adopted at the first general meeting. Objectives and actlvltles The objective of the charfty Is to demonslrate true Chrfstian value of compassion by delivering aid to Individuals, families or communities that suffer as a result of natural disaster, war or strife. In order to carry out the charitable purpose the charity will ralse funds, receive grants and donations and apply funds to cary out Ihe work of the charity. Achlevements and perfonnance During the year ended 30 November 2023 the charity recetved income from donations and fundraising of £27,946. Bucket collections were held in aid of Gaza and in aid of the Turkeylsyria Earthquake appeal. A walk to Banagher Dam was also organised in aid of the Moroccan Earthquake Appeal.
Let's Change Tomorrow Trustees. Annual Report (contlnuerfj Year ended 30 November 2023 Flnan¢lal revlew During the year the charity made a net surplus of £4,716. this is shown on page 4 to the accounts. Review of charlty's financlal posltlon at Ihe year end As at the 30 November 2023 the charity had total charity funds of £13,783. Statament of Trustees Responslbllltles Responsibilities of the tnjstees in relation to the financial statements. Charity law requires the trustees to prepare financial statements that give a true and fair view of the state of affairs of the charity al the end of the financial year and of its surplus or deficit for the financial year. In doing so the trustees are required to: Select suitable accounting policies and then apply them consistently: Make sound judgemenls and estimates that are reasonable and prudent and prepare the financial statements on the going concem basis unless It is appropriate to presume thal the charity wll not continue In business. The trustees, annual report was approved on 13 August 2024 and signed on behalf of the board of trustees by.. Anne Mccloskey Trustee Rebecca Doran Trustee
Let's Change Tomorrow Independent Examinerfs Report to the Trustees of Let's Change Tomorrow Year ended 30 November 2023 I report on the financlal statements for the year ended 30 November 2023, which comprise the statement of financial activities, statement of financial position and the related notes. Respective responslbilities of trnstees and examlner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to.. examine the accounts under section 65 of the Charities Act; to follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65{9){b) of the Charities Act- and to state whether particular matters have come to my attention. Basls of Independent examlnerfs report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by ihe Charity Commission for Northern Ireland under section 65(9){b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or dlsclosures In the accounts, and seeklng explanations from the trustees conceming any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: That accounting records were not kept in accordance with section 63 of the Charities Act That the accounts do not accord with those accounting records That the accounts do not comply with Ihe accounting requirements of the Charities Act That there is further information needed for a proper understanding of the accounts to be reached. Independent examinerfs statement I have completed my examination and have no concems In respecl of the matters {1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northem Ireland, I have found no matters that require drawing to your attentlon. PFS ACCOUNTANTS LTD Chartered Certified Accountants 122 Main Street Dungiven Co Derry BT47 4LG Date: 13 August 2024
Let's Change Tomorrow Statement of Financial Activities 30 November 2023 2023 Restricled funds Totsl funds Total fund8 2022 Unrestricted funds Notè Income Donations, Grants & Fundraising Total Incomo 27,948 27,948 23,863 27.948 27.948 23,863 Expenditure Expenditure on charitable activities Total expendlture (23,232) {23,232) (23,232) (23,232) (16.658) (16,658) Net Income and net movement In funds 4.716 4,716 7,205 Reconclllatlon of lunds Total funds brought fonNard Total funds carrled foThvard 9,067 9,067 1,862 13,783 13.783 9,067 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continulng activities. The notes on pages 6 to 9 form part of these financial $tatem¢n¢8 a¢¢ount$.
Let's Change Tomorrow Statement of Financial Position 30 November 2023 2023 2022 Current assets Cash at bank and in hand 14,239 9,427 Creditors: amounts falling due withln one year Net current assets 456 360 13,783 9,067 Total assets less current Ilablllties 13,783 9,087 Net assets 13,783 9,067 Funds of the charlty Unrestricted funds 13,783 9.067 Total charity funds 10 13.783 9,067 These financlal statements accounts were approved by the board of twstees and authorlsed for Issue on 13 August 2024, and are signed on behalf of the tK)ard by: Anne Mccloskey Trustee Rebecca Doran Twslee The notes on pages 6 to 9 fomi part of these finan¢lal statements accounts.
Let's Change Tomorrow Notes to the Financial Statements Year ended 30 November 2023 General Informatlon The charity is registered charity in Northern Ireland and is unincorporated. The address of the principal Offi is 26 Ardcaim, Dungiven, CO Derry. BT47 4UB Statement of compllance These financial statements accounts have been prepared in compliance wilh FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act (Northem Ireland) 2008. Accountlng policles Basls of preparatlon The financial siatements accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financlal statements accounts are prepared In sterllng, which is the functional currency of the entity. Golng concem There are no material uncertainlies about the charity's ability to continue Fund accountlng Unrestricted funds are available for use at the discretion of the trustees to further any of the charitS purposes. Designaled funds 8re unrestricted funds eannarked by the trustees for particular future project or commitment. Restricled funds are subjected to restrictions on their expenditure declared by th8 donor or through the temis of an appeal. and fall into one of sub-classes.. restricted Income funds or endowment funds.
Let's Change Tomorrow Notes to the Financial Statements 30 November 2023 Accountlng pollcles (contlnuetl) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity., it Is probable that the economic benefits associated with the transaction will flow to Ihe charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is recognised en there is evidence of entil18ment to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. Income from donated gcwjds Is measured at the falr value of the goods unless this Is impractical to measure reliably. in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and seNices are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unreslricled funds unless ther8 is a contractual requirement for il to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and Is classified under headings of the statement of flnancial activities to whlch Ft relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. expenditure on charitable activities indudes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the govemance of the charity apportioned to charitable activities. other expenditure includes all expenditure that Is neither related to raising funds for the charity nor part of its expenditure on charitable activitles. All costs are allocaled to expenditure categories reflecting the use of the resource. Direct Costs attributable to a single activily are allocated directly to that activity. Shared costs are apportioned between the activities they contribute lo on a reasonable, justifiable and consistent basis.
Let's Change Tomorrow Notes to the Financial Statements (¢ontlnuedJ Year ended 30 November 2023 Income Unrestricted Funds Restricted Total Funds Funds 2023 Donations and fundraising Bank Interest received 27,946 27,946 27.948 27,948 Unrestricted Funds Restricted Total Funds Funds 2022 Donations and fundraising Grants 22.863 1,000 22,863 1,000 23,863 23,863 ExpendSture on charitable actlvllles by fund type Unrestricted Funds Restricted Total Funds Funds 2023 Expenditure on charitable acllvltles 23,232 23,232 23,232 23,232 Unrestricted Funds Restricted Total Funds Funds 2022 Expendlture on charitable activities 16,658 16,658 16,658 16,658
Let's Change Tomorrow Notes to the Financial Statements (coniinued) Year ended 30 November 2023 Expenditure on charltable activltles by activlty type Unrestricted Funds Restricted Total Funds Funds 2023 Expenditure on charitable activities 23.232 23,232 23.232 23.232 Unrestricted Funds Restricted Total Funds Funds 2022 Expenditure on charitable activitles 16,658 16,658 16,658 16,658 Independent examlnatlon fees 2023 2022 Fees payable to the Independent examlner for: Independent examlnation of the financial statements 476 360 Trustee remuneratlon and expenses None of the trustees received remuneration during the year ended 30 November 2023. Credltors: amounts falllng due wlthln one year 2023 2022 Accruals and deferred incom6 476 380 476 360 10. Analysis of charitable funds Unrestrlcted funds At 1 December 2022 At 30 November 2023 Income Expenditure General funds 9,067 9,067 27.948 27,948 (23.232) (23,232) 13,783 13,783