REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
FOR |
EMPOWERHER UK, |
(A COMPANY LIMITED BY GUARANTEE) |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
FOR |
EMPOWERHER UK, |
(A COMPANY LIMITED BY GUARANTEE) |
EMPOWERHER UK, |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
Page |
Report of the Trustees | 1 | to | 2 |
Statement of Financial Activities | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 | to | 7 |
EMPOWERHER UK, (REGISTERED NUMBER: 13751032) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
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 30 November 2023. 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). |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
The objects of the Charity are, for the public benefit, to relieve suffering and promote good mental health and wellbeing in people who have experienced bereavement or loss, in particular (but not limited to) children and young people, by the provision of one-to-one mentorship, peer support groups and community-building events and training on issues of grief and bereavement. |
Significant Activities |
In furtherance of its Objects, but not further or otherwise, the Charity shall have power to: |
- | provide and assist in the provision of money, materials or other help; |
- | organise and assist in the provision of conferences, courses of instruction, exhibitions, lectures, and other educational activities; |
- | publish and distribute books, pamphlets, reports, leaflets, journals, films, tapes and instructional matter on any medium; |
- | promote, encourage, carry out or commission research, surveys, studies or other work make the useful results available; |
- | provide or procure the provision of counselling and guidance. |
Public benefit |
The Trustees are satisfied that they have complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to public benefit guidance published by the Charities Commission. |
When planning the Charity's activities for the year, the Trustees considered the Charity Commission's guidance on public benefit.The Trustees also considered how the Charity have succeeded in delivering its aims, including public benefit, when reviewing the achievements for the year. |
FINANCIAL REVIEW |
Reserves policy |
There was no reserve policy in place during this accounting period due to insufficient income to support a reserve at this time. We will continue to be reliant on the US entity, EmpowerHer US, and our operating agreement with them to support our programs and charity as necessary. Our Trustees will reconvene in the future as we become more established in the UK, and will create a policy at that time. |
The total incoming resources for the year ended 30 November 2023 were £9,107 (2022; £32,355). Resources expended for the period totalled £40,322 (2022; £53,888) leaving deficit funds to be carried forward of £42,846 (2022; £11,631). |
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 |
Registered Charity number |
Registered office |
EMPOWERHER UK, (REGISTERED NUMBER: 13751032) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
Trustees |
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. |
Approved by order of the board of trustees on |
EMPOWERHER UK, |
STATEMENT OF FINANCIAL ACTIVITIES |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
Period |
18.11.21 |
Year Ended | to |
30.11.23 | 30.11.22 |
Unrestricted | Total |
fund | funds |
Notes | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
EXPENDITURE ON |
Raising funds |
Charitable activities |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | ( |
) |
TOTAL FUNDS CARRIED FORWARD | ( |
) | (11,631 | ) |
EMPOWERHER UK, (REGISTERED NUMBER: 13751032) |
BALANCE SHEET |
30 NOVEMBER 2023 |
2023 | 2022 |
Unrestricted | Total |
fund | funds |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 4 | ( |
) | ( |
) |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
NET ASSETS/(LIABILITIES) | ( |
) | ( |
) |
FUNDS | 5 |
Unrestricted funds | ( |
) | (11,631 | ) |
TOTAL FUNDS | ( |
) | (11,631 | ) |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023. |
The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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 |
EMPOWERHER UK, |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
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. |
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 30 November 2023 nor for the period ended 30 November 2022. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 30 November 2023 nor for the period ended 30 November 2022. |
3. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted |
fund |
£ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
EXPENDITURE ON |
Raising funds |
Charitable activities |
Total |
NET INCOME/(EXPENDITURE) | ( |
) |
EMPOWERHER UK, |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
3. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted |
fund |
£ |
TOTAL FUNDS CARRIED FORWARD | (11,631 | ) |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Social security and other taxes |
EmpowerHer US |
Accruals and deferred income |
5. | MOVEMENT IN FUNDS |
Net |
At | movement | At |
1.12.22 | in funds | 30.11.23 |
£ | £ | £ |
Unrestricted funds |
General fund | (11,631 | ) | (31,215 | ) | (42,846 | ) |
TOTAL FUNDS | ( |
) | (31,215 | ) | (42,846 | ) |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 9,107 | (40,322 | ) | (31,215 | ) |
TOTAL FUNDS | ( |
) | (31,215 | ) |
Comparatives for movement in funds |
Net |
movement | At |
in funds | 30.11.22 |
£ | £ |
Unrestricted funds |
General fund | (11,631 | ) | (11,631 | ) |
TOTAL FUNDS | (11,631 | ) | (11,631 | ) |
EMPOWERHER UK, |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
5. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 42,257 | (53,888 | ) | (11,631 | ) |
TOTAL FUNDS | 42,257 | (53,888 | ) | (11,631 | ) |
6. | RELATED PARTY DISCLOSURES |
The Charity relied upon support from EmpowerHER, a registered Charity in the United States of America, whilst establishing itself in the UK. EmpowerHER provided financial support to the Charity during the year and was owed £42,719 (2022: £11,631) by the Charity at the year end. |