2020-11-30-accounts - Food And Shelter Foundation

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REGISTERED COMPANY NUMBER: 04590133 (England and Wales) REGISTERED CHARITY NUMBER: 1096411

TRUSTEES' REPORT AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2020

FOR

FOOD & SHELTER FOUNDATION

Watergates Ltd 109 Coleman Road Leicester LE5 4LE

FOOD & SHELTER FOUNDATION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2020

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Page
Reference and Administrative Details 1
Trustees' Report 2 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Statement of Financial Position 6
Notes to the Financial Statements 7 to 9
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FOOD & SHELTER FOUNDATION REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30TH NOVEMBER 2020

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TRUSTEES Mr F A Member Director
Mr Y A M Member Director (appointed 1/10/2020)
Mr I Member Director (appointed 1/10/2020)
REGISTERED OFFICE 109 Coleman Road
Leicester
LE5 4LE
PRINCIPAL ADDRESS 72-74 Forest Road
Leicester
LE50DG
REGISTERED COMPANY 04590133 (England and Wales)
NUMBER
REGISTERED CHARITY 1096411
NUMBER
INDEPENDENT EXAMINER Watergates Ltd
109 Coleman Road
Leicester
LE5 4LE
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FOOD & SHELTER FOUNDATION

TRUSTEES' REPORT FOR THE YEAR ENDED 30TH NOVEMBER 2020

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 30th November 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 Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objective of the charitable company is to carry on as a non-profit making body in particular to relieve poverty, advance education, preserve and protect health worldwide.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Food and Shelter foundation has continued working mainly in Africa through British Charities thus avoiding duplicity in management and administration; thereby giving the maximum benefit to the recipients of the funds.

The charity has donated a large percentage of its funds to British Registered Charities of which a large amount of its funds have been utilised in Africa.The charity has also participated in helping individuals in England who have fallen into hardship during the recession.

The following is a brief summary of the achievements and performance:

The Charity is a main contributor in the running of an all girls orphanage in Malawi whereby the majority of the running cost has been met by Food & Shelter foundation looking after the welfare of the orphans education, accommodation and food.
Emergency housing to the displaced in Malawi during the recent floods which have affected a large population making them homeless and destitute.
Grains and fertiliser packs to help farmers be self-sufficient.
The charity has continued its work in Gambia assisting towards the relief of poverty, sickness and distress
of persons who are in conditions of need and hardship by providing food, clothing, accommodation and financial assistance in Gambia, West Africa.
The charity has undertaken the constructions of living facility for Orphans children who were being housed
in terrible conditions.
The Charity is also supporting two large organisations in India, who house and educate the orphans.

The charity has also given its attention to Zimbabwe, a country which is going through great economic challenges with its people suffering as a result. Food & Shelter Foundation have good network within the country which can be relied upon for proper distribution of aid..

The Charity will continue with the above projects and will be conducting field visits in the coming year to assess the proper utilisation of its funds.

Fundraising activities

The general fund represents donations received from UK companies.

FINANCIAL REVIEW

Reserves policy

The director and trustees endeavour to distribute all income received in the year to charitable causes. The level of reserves held at the year end is considered to be adequate to continue to support it charitable causes as well as meeting its ongoing support and governance costs.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The Food & Shelter Foundation is a charitable company limited by guarantee, incorporated on 14 November 2002 and registered as a charity on 7 March 2003.

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FOOD & SHELTER FOUNDATION

TRUSTEES' REPORT FOR THE YEAR ENDED 30TH NOVEMBER 2020

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 31st August 2021 and signed on its behalf by:

Mr F A Member - Trustee

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FOOD & SHELTER FOUNDATION

Independent examiner's report to the trustees of Food & Shelter Foundation ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30th November 2020.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you 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 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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of FCCA which is one of the listed bodies.

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:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts 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
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.

Nazir Malida FCCA Watergates Ltd 109 Coleman Road Leicester LE5 4LE

31st August 2021

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FOOD & SHELTER FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH NOVEMBER 2020

30/11/20
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
416,012
EXPENDITURE ON
Charitable activities
Provision of education
79,231
Alleviation of poverty
231,592
Provision of medical assistance
9,000
Other
24
Total
319,847
NET INCOME/(EXPENDITURE)
96,165
RECONCILIATION OF FUNDS
Total funds brought forward
360,051
TOTAL FUNDS CARRIED FORWARD
456,216

30/11/19
Total
funds
£
269,026
43,358
225,466
9,000
36
277,860
(8,834)
368,885
360,051

The notes on page 0 form part of these financial statements

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FOOD & SHELTER FOUNDATION

STATEMENT OF FINANCIAL POSITION 30TH NOVEMBER 2020

30/11/20 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 456,216 NET CURRENT ASSETS 456,216 TOTAL ASSETS LESS CURRENT LIABILITIES 456,216 NET ASSETS 456,216 FUNDS 5 Unrestricted funds 456,216 TOTAL FUNDS 456,216	30/11/19 Total funds £ 360,051 360,051 360,051 360,051 360,051 360,051

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2020 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 31st August 2021 and were signed on its behalf by:

Mr F A Member - Trustee

The notes on page 0 form part of these financial statements

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FOOD & SHELTER FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2020

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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

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. DONATIONS AND LEGACIES

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|||| |---|---|---| |30/11/20|30/11/19| |£|£| |Donations received|416,012|269,026|

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FOOD & SHELTER FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH NOVEMBER 2020

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30th November 2020 nor for the year ended 30th November 2019.

TRUSTEES' EXPENSES

There were no trustees' expenses paid for the year ended 30th November 2020 nor for the year ended 30th November 2019.

4. STAFF COSTS

The average monthly number of employees during the year was as follows:

30/11/20 30/11/19

No employees received emoluments in excess of £60,000.

5. MOVEMENT IN FUNDS

At 1.12.19 £ Unrestricted funds General fund 360,051 TOTAL FUNDS 360,051 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 416,012 TOTAL FUNDS 416,012 Comparatives for movement in funds At 1.12.18 £ Unrestricted funds General fund 368,885 TOTAL FUNDS 368,885	Net movement in funds £ 96,165 96,165 Resources expended £ (319,847) (319,847) Net movement in funds £ (8,834) (8,834)	At 30.11.20 £ 456,216 456,216 Movement in funds £ 96,165 96,165 At 30.11.19 £ 360,051 360,051

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FOOD & SHELTER FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH NOVEMBER 2020

5. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds General fund TOTAL FUNDS	Incoming resources £ 269,026 269,026	Resources expended £ (277,860) (277,860)	Movement in funds £ (8,834) (8,834)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds General fund TOTAL FUNDS	At 1.12.18 £ 368,885 368,885	Net movement in funds £ 87,331 87,331	At 30.11.20 £ 456,216 456,216

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds General fund TOTAL FUNDS	Incoming resources £ 685,038 685,038	Resources expended £ (597,707) (597,707)	Movement in funds £ 87,331 87,331

6. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30th November 2020.

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