Company number
:
03303830
|
For the year ended 31 March 2020
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2020
Faces In Focus
Contents Page
1
Report of the Trustees
2
Independent Examiner's Report to the Trustees
3
Statement of Financial Activities
4
Statement of Financial Position
5 to 10
Notes to the Financial Statements
For the year ended 31 March 2020
Faces In Focus
Report of the Trustees
The Trustees
,
who are also directors for the purposes of company law
,
have pleasure in presenting their report and the
|
financial statements for the charitable company for the year ended
31
March
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 the Republic of Ireland
(
FRS
|
102
) (
effective
1
January
2019
).
|
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
|
REFERENCE AND ADMINISTRATIVE INFORMATION
|
Faces In Focus
Charity registration number
|
1063967
03303830
Company registration number
|
The trustees and officers serving during the year and since the year end were as follows:
Ms Nevia Johnson
Ms Annie-Mae Shaw
Ms Gillian Pelage
Ms Mopelola Olujobi
Ms Nerissa McNeily
Marc Three Accountants
125 Sunnymead Avenue
Gillingham
Kent
ME7 2EB
The Cooperative Bank
Olympic House
6 Olympic Court
Montford Street
Salford
M5 2QP
.............................................................................
|
Approved by the Board of Trustees and signed on its behalf by
|
1 of 10
For the year ended 31 March 2020
Faces In Focus
Independent Examiners Report to the Trustees
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2020.
|
Responsibilities and basis of report
|
As the charity Trustees, who are also directors for the purposes of company law, 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 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 examiners 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 that in any material respect
:
|
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 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
.
|
Marc Three Accountants
Chartered Certified Accountants
Marc Three Accountancy
125 Sunnymead Avenue
Gillingham
Kent
ME7 2EB
09 October 2020
2 of 10
For the year ended 31 March 2020
Faces In Focus
Statement of Financial Activities (including Income and Expenditure Account)
2019
Income and endowments from
:
|
133,903
25,399
2
-
2,800
3
133,903
28,199
(20,164)
(26,668)
4/5
(32,873)
(600)
6/7
(53,037)
(27,268)
80,866
931
Total funds brought forward
|
13,312
14,243
Total funds carried forward
|
95,109
14,243
3 of 10
Faces In Focus
Statement of Financial Position
2020
2019
82,700
9,505
82,700
9,505
Creditors
:
amounts falling due within one year
|
-
3,888
12
Net current assets
82,700
13,393
Total assets less current liabilities
|
82,700
13,393
Creditors
:
amounts falling due after more than one year
|
-
850
13
Net assets
82,700
14,243
Unrestricted income funds
|
14
82,700
14,243
82,700
14,243
For the year ended 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
|
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
|
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by
:
|
08 October 2020
4 of 10
For the year ended 31 March 2020
Faces In Focus
Notes to the Financial Statements
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Companies Act 2006. Faces In Focus meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
|
2
.
Income from donations and legacies
|
2019
2020
22,149
133,903
3,250
-
25,399
133,903
2019
2020
Income from investment
|
properties
|
-
2,800
2,800
-
4
.
Expenditure on generating donations and legacies
|
2019
2020
25,918
20,164
20,164
25,918
5 of 10
For the year ended 31 March 2020
Faces In Focus
Notes to the Financial Statements Continued
5
.
Expenditure on other trading activities
|
2019
2020
750
-
Fund raising events
-
750
6
.
Costs of charitable activities by fund type
|
2019
2020
-
4,373
Activity 9
-
28,500
Activity 10
600
-
Support costs
600
32,873
7
.
Costs of charitable activities by activity type
|
2019
2020
Activities undertaken directly
|
Counselling
-
600
Activity 9
4,373
-
Activity 10
28,500
-
32,873
600
6 of 10
For the year ended 31 March 2020
Faces In Focus
Notes to the Financial Statements Continued
8
.
Analysis of support costs
|
2019
2020
Wages & Salaries
11,875
7,400
Travel Expenses
-
2,076
1,070
564
Premises Cost
55
2,540
Refreshment
164
347
Insurance
934
1,650
Postage
,
Printing
&
|
Stationery
|
808
675
Sundry Expenses
264
451
Repairs & Maintenance
-
115
Rent & Rates
-
7,000
Governance costs
4,994
3,700
26,518
20,164
9
.
Net income
/(
expenditure
)
for the year
|
This is stated after charging
/(
crediting
):
|
2020
2019
600
600
10
.
Staff costs and emoluments
|
Total staff costs for the year ended
31
March
2020
were
:
|
2020
2019
-
7,400
-
7,400
7 of 10
For the year ended 31 March 2020
Faces In Focus
Notes to the Financial Statements Continued
2020
2019
5
Employees
11
.
Comparative for the Statement of Financial Activities
|
The comparative year values on the Statement of Financial Activites are for unrestricted funds
.
|
12
.
Creditors
:
amounts falling due within one year
|
2020
2019
-
(3,888)
-
(3,888)
13
.
Creditors
:
amounts falling due after more than one year
|
2020
2019
-
(850)
-
(850)
Balance at
|
01
/
04
/
2019
|
Balance at
|
31
/
03
/
2020
|
General
14,243
133,903
(53,037)
95,109
General
14,243
133,903
(53,037)
95,109
8 of 10
For the year ended 31 March 2020
Faces In Focus
Notes to the Financial Statements Continued
Unrestricted Funds
-
Previous year
|
Balance at
|
01
/
04
/
2018
|
Balance at
|
31
/
03
/
2019
|
General
13,312
28,199
(27,268)
14,243
General
13,312
28,199
(27,268)
14,243
Purpose of unrestricted Funds
|
General
General Unrestricted funds can be used in accordance with the charity's objectives at the discretion of the trustees. Purpose of the Unrestricted funds GeneralRestricted funds can only be used for particularly purposes with the objects of the chartiy. Restrictions arise when specified by the donor or when funds are raised for particularly restricted purposes.
|
15
.
Analysis of net assets between funds
|
Net current
|
assets
/
|
(
liabilities
)
|
Net Assets
Unrestricted funds
General
82,700
-
82,700
General
82,700
-
82,700
Net current
|
assets
/
|
(
liabilities
)
|
Net Assets
Unrestricted funds
General
13,393
850
14,243
General
13,393
850
14,243
9 of 10
For the year ended 31 March 2020
Faces In Focus
Notes to the Financial Statements Continued
10 of 10