Caseware UK (AP4) 2023.0.135 2023.0.135 Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-3177446992No description of principal activity32023-09-01false12024-08-31 06989504 2023-09-01 2024-08-31 06989504 2022-09-01 2023-08-31 06989504 2024-08-31 06989504 2023-08-31 06989504 2023-09-01 06989504 2022-09-01 06989504 c:RegisteredOffice 2023-09-01 2024-08-31 06989504 d:CurrentFinancialInstruments 2024-08-31 06989504 d:CurrentFinancialInstruments 2023-08-31 06989504 c:FRS102 2023-09-01 2024-08-31 06989504 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 06989504 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06989504 b:Trustee1 2023-09-01 2024-08-31 06989504 b:Trustee2 2023-09-01 2024-08-31 06989504 b:Trustee3 2023-09-01 2024-08-31 06989504 b:Trustee4 2023-09-01 2024-08-31 06989504 b:UnrestrictedFundsGeneral 2023-09-01 2024-08-31 06989504 b:UnrestrictedFundsGeneral 2024-08-31 06989504 b:UnrestrictedFundsGeneral 2023-08-31 06989504 b:TotalUnrestrictedFunds 2024-08-31 06989504 b:TotalUnrestrictedFunds 2023-08-31 06989504 b:TotalRestrictedIncomeFunds 2024-08-31 06989504 b:TotalRestrictedIncomeFunds 2023-08-31 06989504 c:FullAccounts 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 06989504
Charity number: 1152555










MERCY LOGISTICS
(A company limited by guarantee)







UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

 
MERCY LOGISTICS
 
(A company limited by guarantee)
 

CONTENTS



Page
Reference and administrative details of the Charity, its Trustees and advisers
1
Trustees' report
2 - 5
Statement of financial activities
6
Balance sheet
7 - 8
Notes to the financial statements
9 - 12

 
MERCY LOGISTICS
 
(A company limited by guarantee)
 

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 AUGUST 2024


Trustees
Marcel Jung, Trustee (appointed 20 May 2024)
Mrs Katie Reynolds, Trustee (appointed 12 August 2009, resigned 20 May 2024)
Mrs Merrie Reynolds, Trustee (appointed 12 August 2009, resigned 20 May 2024)
Mr Paul Reynolds, Trustee (appointed 12 August 2009, resigned 20 May 2024)

Company registered number
06989504

Charity registered number
1152555

Registered office
28 Harrow Way
Weavering
Maidstone
Kent
ME14 5TU

Accountants
IT & Accounting Solutions Limited
Certified Public Accountants
28 Harrow Way
Maidstone
Kent
ME14 5TU

Page 1

 
MERCY LOGISTICS
 
(A company limited by guarantee)
 
  
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 AUGUST 2024

The Trustees present their annual report together with the financial statements of the Charity for the  1 September 2023 to 31 August 2024The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). 
 

Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
 

Objectives and activities
 

l Policies and objectives
 

The principle object of the company is to partner with and support organisations working to fight poverty in the developing world. To elicit donations of appropriate resources from the Corporate/Public sector which can be reused by NGOs/charities/voluntary organisations and transport them to their projects, and to provide reduced cost logistical/transport services that enables such organisations to transport goods, equipment and resources to further their work more cost-effectively.
Our approach focuses on the following key areas:
(1) Building and developing Partnerships with NGOs/Charities
(2) Building and developing Partnerships with Logistics/Shipping companies
(3) Building and developing Partnerships with donors of Materials
 

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
 

l Strategies for achieving objectives
 

1. Building and developing Partnerships with NGOs/Charities
This is still a key element to our work and one which we see as vital to our work moving forward.  We believe that focusing our partnerships - with a narrower and more specific approach may well serve us well.
2. Building and developing Partnerships with Logistics/Shipping companies
We noted that costs for transport have been challenging for recipients and the huge cost of imports into destination countries has often proved too great a stumbling block to the people we seek to serve.  We believe that we need to create a new ‘model’ for funding.
3.  Building and developing Partnerships with donors of Materials
This is still a key element to our work and one which we see as important to our work moving forward.

 
 

Page 2

 
MERCY LOGISTICS
 
(A company limited by guarantee)
 
Achievements and performance
 

l Review of activities
 

It is important to note that the charity has been dormant throughout this year and the previous year, with no significant activities undertaken. However, efforts are underway to revitalise the charity, and important changes in the board of trustees have occurred.
Dormancy of the Charity During the year, Mercy Logistics did not engage in any active fundraising, project development, or community work. The charity's operations were paused due to a combination of factors, including resource constraints and a strategic reassessment of our mission and goals. As a result, there were no notable financial or operational activities to report for this period.
Change of Trustees During the year, we saw significant changes in the composition of our board of trustees. Several long-standing founding trustees stepped down from their roles, and new trustees have been appointed to guide the charity through its next chapter. These new appointments signal a fresh opportunity to breathe new life into the charity and re-engage with our mission of providing logistical support to communities in need.
Future Plans With the recent changes to the trustee board, we are actively seeking to appoint additional trustees who share the charity’s vision and values. The new leadership is committed to reactivating Mercy Logistics, refocusing on our core objectives, and exploring new opportunities for impact. Our immediate priority is to develop a renewed strategy for growth, secure essential funding, and re-establish our network of partners and stakeholders.
Conclusion While Mercy Logistics has remained dormant during the year, the change in trustees marks a turning point for the charity. We are optimistic about the future and confident that with the appointment of new trustees and the development of a revitalised strategy, Mercy Logistics will once again play a crucial role in supporting those in need through our logistics services.
 

Financial review
 

l Going concern
 

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
 

l Principal funding
 

Currently funding is through gifts and donations.
 

Page 3

 
MERCY LOGISTICS
 
(A company limited by guarantee)
 
Structure, governance and management
 

l Constitution
 

Mercy Logistics is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association dated 12 August 2009 and is a registered charity number 1152555.
The principal object of the company is (1) the relief of poverty, hardship, sickness and distress across the developing world by locating and receiving donated goods/resources/materials from donors primarily in the UK, but extending to worldwide and arranging transport of said items to enable local projects to respond to local needs. (2) the advancement of education in areas described above (3) other such charitable purposes to further the work as the directors may determine.
 

l Methods of appointment or election of Trustees
 

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.
 

Plans for future periods
 

In light of the ongoing negotiations with prospective partners in Tanzania, we have therefore decided that we will extend this current hiatus and that the charity should lie dormant/in ‘furlough’, until we have firm commitments from prospective partners and the economic uncertainty has settled.
We remain committed to effectively utilise and steward the small amount of funds we receive and to ‘make the money go as far as possible’. 
 

Members' liability
 

The Members of the Charity guarantee to contribute an amount not exceeding £10 to the assets of the Charity in the event of winding up.
 

Page 4

 
MERCY LOGISTICS
 
(A company limited by guarantee)
 
Statement of Trustees' responsibilities
 

The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).


Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.


The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


 

Approved by order of the members of the board of Trustees on 20 September 2024 and signed on their behalf by: 
 




Marcel Jung
Page 5

 
MERCY LOGISTICS
 
(A company limited by guarantee)

 
 
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 AUGUST 2024


Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
Note
        £
        £
        £

Income from:






Total income
-
-
-
Expenditure on:






Charitable activities

3

376

376

324
 
Total expenditure
376
376
324

Net movement in funds
  
(376)
(376)
(324)

Reconciliation of funds:

  




Total funds brought forward

  

3,872

3,872

4,196
 
Net movement in funds

  

(376)

(376)

(324)
 
Total funds carried forward
  
3,496
3,496
3,872

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 9 to 12 form part of these financial statements.

Page 6

 
MERCY LOGISTICS
 
(A company limited by guarantee)
REGISTERED NUMBER: 06989504

 
 
BALANCE SHEET
AS AT 31 AUGUST 2024


2024
2023
Note
£
£

Fixed assets
  

  
-
-

Current assets
  

Cash at bank and in hand
  
3,541
3,872

  
3,541
3,872

Creditors: amounts falling due within one year
 6 
(45)
-

Net current assets 
  
 
 
3,496
 
 
3,872

Total assets less current liabilities
  
3,496
3,872

Net assets excluding pension asset 
  
3,496
3,872

Total net assets 
  
3,496
3,872


Charity funds
  

Restricted funds
 8 
-
-

Unrestricted funds
 8 
3,496
3,872

Total funds
  
3,496
3,872

The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 20 September 2024 and signed on their behalf by:

Marcel Jung
Page 7

 
MERCY LOGISTICS
 
(A company limited by guarantee)
REGISTERED NUMBER: 06989504

 
 
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024


The notes on pages 9 to 12 form part of these financial statements.

Page 8

 
MERCY LOGISTICS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Mercy Logistics was setup on 12 August 2009 as a charitable company limited by guarantee and registered with the Charity Commission for England and Wales (charity number 1152555) on 24June2013. The registered address is 28 Harrow Way, Weavering, Maidstone, Kent, ME145TU.


2.Accounting policies

  
2.1

Basis of preparation of financial statements

The financial statements 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 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Mercy Logistics 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.

  
2.2

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

  
2.3

Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 9

 
MERCY LOGISTICS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)


2.4

Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

  
2.5

Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

  
2.6

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.


3.

Analysis of expenditure on charitable activities


Summary by fund type




Unrestricted funds
2024
Total
2024
Total
2023
        £
        £
        £




Shipments

376

376

324
 

Page 10

 
MERCY LOGISTICS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.

Analysis of expenditure by activities




Activities undertaken directly
2024
Support costs
2024
Total
funds
2024
        £
        £
        £




Shipments

260

116

376





Activities undertaken directly
2023
Total
funds
2023
        £
        £



Shipments

324

324




5.


Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).

During the year ended 31 August 2024, no Trustee expenses have been incurred (2023 - £NIL).


6.



Creditors: Amounts falling due within one year


2024
2023
£
£


Trade creditors
45
-


7.



Financial instruments


2024
2023
£
£

Financial assets

Financial assets measured at fair value through income and expenditure
3,541
3,872


Financial assets measured at fair value through income and expenditure comprise cash balances.

Page 11

 
MERCY LOGISTICS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

8.

Statement of funds


Statement of funds - current year

Balance at 1 September 2023
£
Expenditure
£
Balance at 31 August 2024
£

Unrestricted funds




General Funds - all funds

3,872

(376)

3,496
 


9.

Summary of funds


Summary of funds - current year

Balance at 1 September 2023
£
 
Expenditure
£
 
Balance at 31 August 2024
£
 
General funds

3,872

(376)

3,496
 


10.

Analysis of net assets between funds

Analysis of net assets between funds - current period

Unrestricted funds
2024
Total
funds
2024
        £
        £


Current assets

3,541

3,541

Creditors due within one year

(45)

(45)

Total 


3,496
3,496




11.


Related party transactions


The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 August 2024.

Page 12