Sri Lanka Campaign for Peace and Justice Ltd - Period Ending 2023-06-30

Sri Lanka Campaign for Peace and Justice Ltd - Period Ending 2023-06-30


Sri Lanka Campaign for Peace and Justice Ltd 07285160 false 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is the dissemination of information about the human rights situation in Sri Lanka and advocacy in support of victims of human rights abuses in Sri Lanka, including at the UN Human Rights Council and with national governments Digita Accounts Production Advanced 6.30.9574.0 true 07285160 2022-07-01 2023-06-30 07285160 2023-06-30 07285160 core:RetainedEarningsAccumulatedLosses 2023-06-30 07285160 core:CurrentFinancialInstruments 2023-06-30 07285160 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 07285160 core:FurnitureFittingsToolsEquipment 2023-06-30 07285160 bus:SmallEntities 2022-07-01 2023-06-30 07285160 bus:Audited 2022-07-01 2023-06-30 07285160 bus:FilletedAccounts 2022-07-01 2023-06-30 07285160 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 07285160 bus:RegisteredOffice 2022-07-01 2023-06-30 07285160 bus:Director6 2022-07-01 2023-06-30 07285160 bus:CompanyLimitedByGuarantee 2022-07-01 2023-06-30 07285160 core:FurnitureFittingsToolsEquipment 2022-07-01 2023-06-30 07285160 core:OfficeEquipment 2022-07-01 2023-06-30 07285160 countries:EnglandWales 2022-07-01 2023-06-30 07285160 2022-06-30 07285160 core:FurnitureFittingsToolsEquipment 2022-06-30 07285160 2021-07-01 2022-06-30 07285160 2022-06-30 07285160 core:RetainedEarningsAccumulatedLosses 2022-06-30 07285160 core:CurrentFinancialInstruments 2022-06-30 07285160 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 07285160 core:FurnitureFittingsToolsEquipment 2022-06-30 iso4217:GBP xbrli:pure

REGISTRAR OF COMPANIES

Registration number: 07285160

Sri Lanka Campaign for Peace and Justice Ltd

(A company limited by guarantee)

Financial Statements

30 June 2023

image-name

 

Sri Lanka Campaign for Peace and Justice Ltd

Contents

Balance Sheet

1

Notes to the Financial Statements

2

 

Sri Lanka Campaign for Peace and Justice Ltd

(Registration number: 07285160)
Balance Sheet as at 30 June 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

240

489

Current assets

 

Debtors

5

873

14,128

Cash at bank and in hand

 

70,134

16,985

 

71,007

31,113

Creditors: Amounts falling due within one year

6

(26,858)

(3,425)

Net current assets

 

44,149

27,688

Net assets

 

44,389

28,177

Capital and reserves

 

Profit and loss account

44,389

28,177

Total equity

 

44,389

28,177

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 March 2024 and signed on its behalf by:
 

.........................................

Y Foster

Director

 

Sri Lanka Campaign for Peace and Justice Ltd

Notes to the Financial Statements for the Year Ended 30 June 2023

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
41 Whitcomb St
LONDON
WC2H 7DT

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 22 March 2024 was Joanne Thomlinson FCA, who signed for and on behalf of Dodd & Co Audit Limited.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Sri Lanka Campaign for Peace and Justice Ltd

Notes to the Financial Statements for the Year Ended 30 June 2023 (continued)

Asset class

Depreciation method and rate

Office equipment

25% Straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for the sale of goods or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method where due after more than one year.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons working for the company (including directors) during the year, was 5 (2022 - 6).

 

Sri Lanka Campaign for Peace and Justice Ltd

Notes to the Financial Statements for the Year Ended 30 June 2023 (continued)

4

Tangible assets

Furniture, fittings and office equipment
 £

Total
£

Cost or valuation

At 1 July 2022

996

996

At 30 June 2023

996

996

Depreciation

At 1 July 2022

507

507

Charge for the year

249

249

At 30 June 2023

756

756

Carrying amount

At 30 June 2023

240

240

At 30 June 2022

489

489

5

Debtors

2023
£

2022
£

Other debtors

873

14,128

873

14,128

6

Creditors

2023
£

2022
£

Due within one year

 

Other creditors

 

26,858

3,425