Mekimi Charity Accounts
Mekimi Charity Accounts
COMPANY REGISTRATION NUMBER:
13521995
CHARITY REGISTRATION NUMBER:
1199162
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Company Limited by Guarantee |
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Company Limited by Guarantee |
Financial Statements |
Period from 21 July 2021 to 31 July 2022
Page |
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Trustees' annual report (incorporating the director's report) |
1 |
Independent examiner's report to the trustees |
5 |
Statement of financial activities (including income and expenditure account) |
6 |
Statement of financial position |
7 |
Notes to the financial statements |
8 |
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Company Limited by Guarantee |
Trustees' Annual Report (Incorporating the Director's Report) |
Period from 21 July 2021 to 31 July 2022
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the period ended
31 July 2022
.
Reference and administrative details
Registered charity name |
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Charity registration number |
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Company registration number |
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Principal office and registered |
2nd Floor Parkgates |
office |
Bury New Road |
Prestwich |
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Manchester |
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M25 0TL |
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The trustees
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(Served from
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(Served from
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(Served from
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(Appointed
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(Appointed
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(Appointed
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Independent examiner |
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2nd Floor - Parkgates |
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Bury New Road |
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Prestwich |
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Manchester |
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M25 0TL |
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Structure, governance and management
Recruitment and appointment of new trustees would be in line with the Memorandum and Articles of Association and with the consent of the trustees. The criteria set for the suitable candidate would be someone who is sensitive to the needs and demands of the organisation.
There is no chief executive officer. The day to day affairs are undertaken by the trustees. All major decisions are taken collectively by the trustees and all the trustees give of their time freely. The trustees are unpaid and details of any related party transactions are disclosed as applicable in the notes to the accounts. The arrangements for setting the pay of the charity’s employees are the sole domain of the trustees.
There are no policies for the induction or training of new trustees.
Risk review
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust, and are satisfied that systems are in place to manage our exposure to the major risks.
Objectives and activities
The objects of the charity are:-
(i)For the public benefit, to relieve the needs of children and young people requiring assistance, particularly orphans, in the UK; through the provision of counselling and emotional support, holiday grants and gifts for special occasions, as well as organising skills workshops, day trips and activities to improve their conditions of life and enhance their overall wellbeing and development.
(ii)For the public benefit, to relieve the needs of families requiring assistance in the UK, particularly where the family has endured the loss of a parent or sibling or other such tragic circumstances; through the provision of counselling and emotional support, meals and domestic help, as well as financial assistance and grants to promote the smooth functioning of the home and ease the burden they are facing.
(iii)The advancement of education for the public benefit by raising community awareness of the challenges faced by children and families who have endured the loss of a parent or sibling or other tragic circumstances, and running training courses for volunteers on how to support children and families in such times of distress.
Public benefit
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit and in particular to its supplementary public benefit guidance on advancing education when reviewing the charity's aims and objectives and in planning future activities and setting grant making policy for the year.
Grant making policy
The charity has established its grant making policy to achieve its objects for the public benefit. The charity invites applications for funding through contacting local philanthropists to contribute towards projects that both the trustees in their ultimate discretion and the philanthropists feel are appropriate for the charities objects.
The application of the funds by way of grants is to individuals or organisations registered as charities in the UK or overseas.
The trustees consider they have met the public benefit test and outline these achievements below.
The trustees measure the success of achieving the stated aims by the number and value of grants paid out for each object. The grants paid out in the year are detailed in the notes to the accounts and the trustees consider they have met their aims successfully this year.
The trustees consider the shorter term aims to be similar to the longer term aims and assess the achievement of the charity in the same way.
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
Achievements and performance
The charity received £43,195 in donations and £50,000 in grants during the year.
The charity paid out £50,014 by way of direct costs and support costs.
Our organization is driven by a profound commitment to improving the lives of those who have experienced the loss of a loved one and find themselves in vulnerable circumstances. We firmly believe in fostering a nurturing environment where widows and orphans can regain their strength, rebuild their lives, and find hope for a brighter future.
At our charity, we recognise the unique challenges faced by widows and orphans, who often find themselves navigating the world without the emotional, financial, and social support they once had. We strive to be a reliable source of assistance, extending our helping hand to provide them with the care, guidance, and resources they need to heal, grow, and thrive.
Through our initiatives, we offer a range of care packages and mentoring throughout the year, as analysed in the notes to the accounts, tailored to meet the unique needs of widows and orphans.
The additional intention of the trustees is to provide support throughout the year for those who have experienced the loss of a loved one, and to always feel like they have a listening and empathetic ear whenever they need it.
There were no grants paid out during the year.
There were no material fundraising costs during the year.
There were no related party transactions in the reporting period.
There was an overall net income and movement in funds during the year amounting to £43,181.
Financial review
The Trustees are satisfied that the balance of the Fund is an acceptable level of reserves given the nature of revenue receipts against grants payable.
Reserves policy
The Unrestricted Fund represents the unrestricted funds arising from past operating results.
In considering the limited financial obligations of the charity, the trustees have resolved to maintain a minimum reserve practical for donations.
The free reserves stand at £43,180, being the free reserves of the charity, £48,651 of which are restricted, and £(5,471) are unrestricted.
True and fair override
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charities governing document, The Charities Act 2011 and the relevant version of the 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).
The trustees' annual report and the strategic report were approved on
24 May 2023
and signed on behalf of the board of trustees by:
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Trustee |
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Company Limited by Guarantee |
Independent Examiner's Report to the Trustees of
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Period from 21 July 2021 to 31 July 2022
I report to the trustees on my examination of the financial statements of
Mekimi
('the charity') for the period ended 31 July 2022.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements 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 the 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 charity as required by section 386 of the 2006 Act; or
2.
the financial statements do not accord with those records; or
3.
the financial statements 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 financial statements 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.
2nd Floor - Parkgates
Bury New Road
Prestwich
Manchester
M25 0TL
24 May 23
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Company Limited by Guarantee |
Statement of Financial Activities |
(including income and expenditure account) |
Period from 21 July 2021 to 31 July 2022
Period from 21 Jul 21 to 31 Jul 22 |
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Unrestricted funds |
Restricted funds |
Total funds |
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Note |
£ |
£ |
£ |
Income and endowments
Donations and legacies |
5 |
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-------- |
-------- |
-------- |
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Total income |
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-------- |
-------- |
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Expenditure
Expenditure on raising funds:
Costs of other trading activities |
6 |
193 |
– |
193 |
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Expenditure on charitable activities |
7,8 |
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Total expenditure |
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Net income and net movement in funds |
(
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-------- |
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Reconciliation of funds
Total funds brought forward |
– |
– |
– |
-------- |
-------- |
-------- |
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Total funds carried forward |
(
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-------- |
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The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
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Company Limited by Guarantee |
Statement of Financial Position |
31 Jul 22 |
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Note |
£ |
Current assets
Cash at bank and in hand |
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-------- |
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Net current assets |
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-------- |
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Total assets less current liabilities |
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-------- |
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Funds of the charity
Restricted funds |
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Unrestricted funds |
(
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-------- |
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Total charity funds |
12 |
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Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of trustees
and authorised for issue on
24 May 23
, and are signed on behalf of the board by:
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Trustee |
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Company Limited by Guarantee |
Notes to the Financial Statements |
Period from 21 July 2021 to 31 July 2022
1.
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 2nd Floor Parkgates, Bury New Road, Prestwich, Manchester, M25 0TL.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Judgements and key sources of estimation uncertainty
Fund accounting
Incoming resources
Resources expended
Financial instruments
4.
Limited by guarantee
5.
Donations and legacies
Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
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Donations
Donations |
43,195 |
– |
43,195 |
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Grants
Grants receivable |
– |
50,000 |
50,000 |
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6.
Costs of other trading activities
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
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Fundraising expenses |
193 |
193 |
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---- |
---- |
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7.
Expenditure on charitable activities by fund type
Unrestricted Funds |
Restricted Funds |
Total Funds 2022 |
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£ |
£ |
£ |
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Magazine Expenses |
9,215 |
– |
9,215 |
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Mentoring Costs |
998 |
– |
998 |
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Pesach Care Packages |
4,265 |
– |
4,265 |
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Purim Care Packages |
3,732 |
– |
3,732 |
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Chanuka Care Packages |
5,775 |
– |
5,775 |
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Shovuos Care Packages |
2,487 |
– |
2,487 |
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Succos & Rosh Hashono Care Packages |
3,978 |
– |
3,978 |
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Trips,travel, camp & other direct expenses |
11,928 |
1,349 |
13,276 |
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Tu Bishvat Care Packages |
1,125 |
– |
1,125 |
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Support costs |
4,970 |
– |
4,970 |
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8.
Expenditure on charitable activities by activity type
Activities undertaken directly |
Support costs |
Total funds 2022 |
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£ |
£ |
£ |
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Support Costs |
– |
4,970 |
4,970 |
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Magazine Expenses |
9,215 |
– |
9,215 |
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Mentoring Costs |
998 |
– |
998 |
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Pesach Care Packages |
4,265 |
– |
4,265 |
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Purim Care Packages |
3,732 |
– |
3,732 |
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Chanuka Care Packages |
5,775 |
– |
5,775 |
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Shovuos Care Packages |
2,487 |
– |
2,487 |
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Succos & Rosh Hashono Care Packages |
3,978 |
– |
3,978 |
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Trips,travel, camp & other direct expenses |
13,276 |
– |
13,276 |
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Tu Bishvat Care Packages |
1,125 |
– |
1,125 |
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9.
Analysis of support costs
Analysis of support costs activity 1 |
Total 2022 |
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£ |
£ |
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General office |
4,970 |
4,970 |
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------- |
------- |
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10.
Staff costs
The average head count of employees during the period was Nil.
No employee received employee benefits of more than £60,000 during the year (2021: Nil).
11.
Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
12.
Analysis of charitable funds
Unrestricted funds
At 21 July 2021 |
Income |
Expenditure |
At 31 July 2022 |
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£ |
£ |
£ |
£ |
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General funds |
– |
43,195 |
(48,666) |
(5,471) |
---- |
-------- |
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------- |
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Restricted funds
At 21 July 2021 |
Income |
Expenditure |
At 31 July 2022 |
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£ |
£ |
£ |
£ |
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Restricted fund - grants receivable |
– |
50,000 |
(1,349) |
48,651 |
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-------- |
------- |
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13.
Analysis of net assets between funds
Unrestricted Funds |
Total Funds 2022 |
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£ |
£ |
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Current assets |
43,181 |
43,181 |
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14.
Taxation