CHAVEIRIM A HELPING HAND LIMITED - Charities report - 21.1
CHAVEIRIM A HELPING HAND LIMITED - Charities report - 21.1
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| REPORT OF THE TRUSTEES AND |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 SEPTEMBER 2019 TO 30 AUGUST 2020 |
| FOR |
| CHAVEIRIM A HELPING HAND LIMITED |
| CHAVEIRIM A HELPING HAND LIMITED |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 SEPTEMBER 2019 TO 30 AUGUST 2020 |
| Page |
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 | to | 8 |
| CHAVEIRIM A HELPING HAND LIMITED (REGISTERED NUMBER: 05531221) |
| REPORT OF THE TRUSTEES |
| FOR THE PERIOD 1 SEPTEMBER 2019 TO 30 AUGUST 2020 |
| The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 1 September 2019 to 30 August 2020. The trustees have adopted the provisions of 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 1 January 2019). |
| Chaveirim A Helping Hand Limited is a community-based organization focused on helping make the world around us a better and happier place. With the help of our devoted volunteers, we organize fundraisers, exciting community-building events, and in-depth training sessions for our volunteers, which in return help the community in a time of need. |
| OBJECTIVES AND ACTIVITIES |
| Objectives and aims |
| The charity's main objective and principal activity is that of emergency assistance. The calls the charity gets are at random and anything can come up any time. The charity's aim is about being there for the community in their hour of need. The charity does jump-starts, lockouts, car assistance, emergency leaks, elderly home assistance, post theft, fire assistance or any other similar emergency. |
| Public benefit |
| Each year the trustees review their objectives and activities to ensure that they continue to reflect the trustees aims. In carrying out their review the trustees have considered the Charity Commission's general guidance on public benefit and in particular its supplementary public guidance. |
| ACHIEVEMENT AND PERFORMANCE |
| Charitable activities |
| During the period the charity received generous donations that amounted to £119,630 (2019: £36,415) and spent £49,440 (2019: £21,685) on charitable activities. |
| FINANCIAL REVIEW |
| Financial position |
| The charity is reliant on donations. The trustees are satisfied with the results for the year. |
| Reserves policy |
| It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which the trustees think appropriate after considering the future commitments of the charity and the likely administrative costs of the charity for the next year. |
| FUTURE PLANS |
| The charity plans to continue its activities subject to satisfactory incoming resources. |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Governing document |
| The charity is controlled by its governing document and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
| Recruitment and appointment of new trustees |
| The power to appoint new trustees is vested in the current board. It is not the intention of the trustees of the charity to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment induction and training procedures. |
| Risk management |
| The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| CHAVEIRIM A HELPING HAND LIMITED (REGISTERED NUMBER: 05531221) |
| REPORT OF THE TRUSTEES |
| FOR THE PERIOD 1 SEPTEMBER 2019 TO 30 AUGUST 2020 |
| Registered Charity number |
| Registered office |
| Trustees |
| Independent Examiner |
| Venitt and Greaves |
| Chartered Accountants |
| 115 Craven Park Road |
| South Tottenham |
| London |
| N15 6BL |
| Approved by order of the board of trustees on |
| INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
| CHAVEIRIM A HELPING HAND LIMITED |
| Independent examiner's report to the trustees of CHAVEIRIM A HELPING HAND LIMITED ('the Company') |
| I report to the charity trustees on my examination of the accounts of the Company for the period 1 September 2019 to 30 August 2020. |
| Responsibilities and basis of report |
| As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
| Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. |
| Independent examiner's statement |
| I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: |
| 1. | accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or |
| 2. | the accounts do not accord with those records; or |
| 3. | the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or |
| 4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). |
| 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. |
| M A Venitt |
| A.C.A |
| Venitt and Greaves |
| Chartered Accountants |
| 115 Craven Park Road |
| South Tottenham |
| London |
| N15 6BL |
| 17 June 2021 |
| CHAVEIRIM A HELPING HAND LIMITED |
| STATEMENT OF FINANCIAL ACTIVITIES |
| FOR THE PERIOD 1 SEPTEMBER 2019 TO 30 AUGUST 2020 |
| Period |
| 1.9.19 |
| to | Year ended |
| 30.8.20 | 31.8.19 |
| Unrestricted | Total |
| fund | funds |
| Notes | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| EXPENDITURE ON |
| Charitable activities |
| Other |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 624 |
| CHAVEIRIM A HELPING HAND LIMITED (REGISTERED NUMBER: 05531221) |
| BALANCE SHEET |
| 30 AUGUST 2020 |
| 30.8.20 | 31.8.19 |
| Unrestricted | Total |
| fund | funds |
| Notes | £ | £ |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 5 |
| Unrestricted funds | 50,275 | 624 |
| TOTAL FUNDS | 624 |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 August 2020. |
| The members have not required the company to obtain an audit of its financial statements for the period ended 30 August 2020 in accordance with Section 476 of the Companies Act 2006. |
| The trustees acknowledge their responsibilities for |
| (a) | ensuring that the charitable company keeps accounting records that 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 charitable 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 charitable company. |
| These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
| The financial statements were approved by the Board of Trustees and authorised for issue on |
| CHAVEIRIM A HELPING HAND LIMITED |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 SEPTEMBER 2019 TO 30 AUGUST 2020 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements of the charitable company, 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 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. 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. |
| Expenditure |
| 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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
| Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. |
| Taxation |
| The charity is exempt from corporation tax on its charitable activities. |
| Fund accounting |
| Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
| Restricted funds can only be used for particular restricted purposes within the objects of the charity. 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. |
| 2. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the period ended 30 August 2020 nor for the year ended 31 August 2019. |
| Trustees' expenses |
| There were no trustees' expenses paid for the period ended 30 August 2020 nor for the year ended 31 August 2019. |
| CHAVEIRIM A HELPING HAND LIMITED |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 SEPTEMBER 2019 TO 30 AUGUST 2020 |
| 3. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted |
| fund |
| £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| EXPENDITURE ON |
| Charitable activities |
| Other |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 624 |
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.8.20 | 31.8.19 |
| £ | £ |
| Accrued expenses |
| 5. | MOVEMENT IN FUNDS |
| Net |
| movement | At |
| At 1.9.19 | in funds | 30.8.20 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 624 | 49,651 | 50,275 |
| TOTAL FUNDS | 49,651 | 50,275 |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 119,630 | (69,979 | ) | 49,651 |
| TOTAL FUNDS | ( |
) | 49,651 |
| CHAVEIRIM A HELPING HAND LIMITED |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 SEPTEMBER 2019 TO 30 AUGUST 2020 |
| 5. | MOVEMENT IN FUNDS - continued |
| Comparatives for movement in funds |
| Net |
| movement | At |
| At 1.9.18 | in funds | 31.8.19 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 1,257 | (633 | ) | 624 |
| TOTAL FUNDS | 1,257 | (633 | ) | 624 |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 36,415 | (37,048 | ) | (633 | ) |
| TOTAL FUNDS | 36,415 | (37,048 | ) | (633 | ) |
| 6. | RELATED PARTY DISCLOSURES |
| There were no related party transactions for the period ended 30 August 2020. |