The King's Outreach - Charities report - 22.2

The King's Outreach - Charities report - 22.2

THE KING'S OUTREACH - Company Information

Print Friendly Version

IRIS Accounts Production v22.3.3.48 Other Company accounts True false Pounds 1.4.21 31.3.22 31.3.22 FY FRS 102 Unaudited Large and medium-sized companies regime for accounts Full Charities SORP true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure129622422021-03-31129622422022-03-31129622422021-04-012022-03-31129622422020-10-19129622422020-10-202021-03-31129622422021-03-3112962242ns22:CharitableCompanyLimitedByGuarantee2021-04-012022-03-3112962242ns15:PoundSterling2021-04-012022-03-3112962242ns11:FRS1022021-04-012022-03-3112962242ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3112962242ns11:LargeMedium-sizedCompaniesRegimeForAccounts2021-04-012022-03-3112962242ns11:FullAccounts2021-04-012022-03-3112962242ns11:CharitiesSORP2021-04-012022-03-3112962242ns16:EnglandWales2021-04-012022-03-3112962242ns11:RegisteredOffice2021-04-012022-03-3112962242ns22:Trustee22021-04-012022-03-3112962242ns22:Trustee32021-04-012022-03-3112962242ns22:Trustee42021-04-012022-03-3112962242ns22:Trustee52021-04-012022-03-3112962242ns22:Trustee12021-04-012022-03-311296224222021-04-012022-03-31
REGISTERED COMPANY NUMBER: 12962242 (England and Wales)
REGISTERED CHARITY NUMBER: 1193037














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

THE KING'S OUTREACH
Smethurst & Co LLP
12 Abbey Road
GRIMSBY
DN32 0HL








THE KING'S OUTREACH

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022










Page

Report of the Trustees 1

Statement of Financial Activities 2

Balance Sheet 3

Notes to the Financial Statements 4 to 5

THE KING'S OUTREACH (REGISTERED NUMBER: 12962242)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2022



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 year ended 31 March 2022. 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).

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
12962242 (England and Wales)

Registered Charity number
1193037

Registered office
Bowen House
Manby Park
Manby
LOUTH
LN11 8UT

Trustees
Mr. T. D. Johnson (resigned 7.12.21)
Mrs. S. J. Walker
Mrs. D Rusling
Mrs. H Lindsey
Mrs A Franklin

Approved by order of the board of trustees on 16 December 2022 and signed on its behalf by:





Mrs A Franklin - Trustee

Page 1
THE KING'S OUTREACH

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2022

PERIOD
20.10.20
YEAR ENDED TO
31.3.22 31.3.21
Total Total
funds funds
Notes £    £   

NET INCOME - -


RECONCILIATION OF FUNDS
Total funds brought forward - -

TOTAL FUNDS CARRIED FORWARD - -

The notes form part of these financial statements

Page 2
THE KING'S OUTREACH (REGISTERED NUMBER: 12962242)

BALANCE SHEET
31 MARCH 2022

31.3.22 31.3.21
Total Total
funds funds
Notes £    £   
NET CURRENT ASSETS - -

TOTAL ASSETS LESS CURRENT LIABILITIES - -

NET ASSETS - -
FUNDS 4
TOTAL FUNDS - -

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 16 December 2022 and were signed on its behalf by:





Mrs A Franklin - Trustee

The notes form part of these financial statements

Page 3
THE KING'S OUTREACH

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022


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.

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 year ended 31 March 2022 nor for the period ended 31 March 2021.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the period ended 31 March 2021.


3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Total
funds
£   

NET INCOME -


TOTAL FUNDS CARRIED FORWARD -

4. MOVEMENT IN FUNDS
Net
movement At
At 1.4.21 in funds 31.3.22
£    £    £   
TOTAL FUNDS - - -

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
TOTAL FUNDS - - -


Page 4
THE KING'S OUTREACH

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


5. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2022.

6. CHARITABLE STATUS

On the 1st April 2022 the charity The King's Outreach (Charity number 1090012) transferred all activities and assets to the company The King's Outreach. The company was granted charitable status 8th January 2021(Charity number 1193037).

The Kings Outreach purchased a new building, legally owned by the the company, on the 25th March, 2022 for £167,617. This is recognised in the books of the Trust The King's Outreach, the charity in operation at that date and was transferred to the Company The Kings Outreach with other assets and activities on the 1st April, 2022.

Page 5