CHARITY REGISTRATION NUMBER 1105781 KIND AID INTERNATIONAL
FINANCIAL STATEMENTS 31 MARCH 2023
KIND AID INTERNATIONAL
FINANCIAL STATEMENTS PERIOD TO 31 MARCH 2023 CONTENTS PAGE
Trustees Annual Report Independent Examiners Report 4 Statement of Financial Activities 5 Balance Sheet 6 Notes 7-9
KIND AID INTERNATIONAL
TRUSTEES ANNUAL REPORT PERIOD TO 31 MARCH 2023
The Trustees have pleasure in presenting their report and the unaudited financial statements of the Charity for the period to 31 MARCH 2023.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name KIND AID INTERNATIONAL
CHARITY REGISTRATION number 1105781
Registered office: 13 St. Dunstans Road, HOUNSLOW, London, TW4 7QN
THE Trustees
The Trustees who served the charity during the period were as follows: Dr Mohammad Salih Mustafa Mr Mohammad Jalal Mohammad Mr Jalal Ghafur Mr Nawzad Jabar Mr Sereng Kadir (served until 02/07/2023) Mr Shukri Hamweis (served until 17/03/2024) Dr Zana Ameen (served until 02/07/2023) Mr Lukman Mahdy (served until 02/07/2023) Dr Ali AI-Quradaghi (served until 29/07/2023)
Independent Examiners
Fusion Accounting Ltd 398A East Park Road, Leicester, LE5 5HH
STRUCTURE, GOVERNANCE AND MANAGEMENT
KIND AID INTERNATIONAL is a charitable trust governed by its trust deed executed on 16 August 2004 as amended by supplemental deed dated 30 December 2009 as amended on 14 April 2019 and the trust was registered with the charity commission on the 07[th] of September 2004.
OBJECTIVES AND ACTIVITIES
The objectives of the organisation, as set out in its governing document are:
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The relief of poverty, sickness and distress of orphaned children, widows, and other vulnerable adults by the provision of a sponsorship scheme.
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The relief of unemployment by the provision of vocational training and education amongst asylum seekers and refugees.
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The relief of poverty, sickness and distress by the provision of humanitarian aid.
4. The advancement of education of the public in the kurdish language, art, literature and cultural heritage .
The charity aims to support the basic needs of orphans, widows, refugees, asylum seekers and poor persons, primarily of Kurdish origin so that they relieve their hardship and poverty and reduce their social and economic exclusion.
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KIND AID INTERNATIONAL TRUSTEES ANNUAL REPORT (continued) PERIOD TO 31 MARCH 2023
ACHIEVEMENTS AND PERFORMANCE
During the year, the Charity has successfully delivered a programme in supporting over 200 poor orphans and provided a base for the Kurdish community in the UK / Birmingham area to meet their cultural, welfare and educational needs.
PUBLIC BENEFIT STATEMENT
The trustees have considered the general guidance on public benefit issued by the Charity Commission and has taken due regard of that guidance. The trustees consider that they are satisfied that the charity’s activities do benefit the public as it is meeting an identifiable need among the needy. The trustees have benefitted many needy individuals and families and has helped them to alleviate their financial needs in times of desperation. The trustees have also increased the life chances of children, widows and the poor through supporting their basic needs, education and welfare, which would otherwise not have been possible.
GRANT MAKING POLICY
The charity gives grants to organisations that support orphans, widows, refugees, asylum seekers and poor who are primarily of Kurdish origin. The organisation needs to be rooted within the local communities and have a track record in delivering beneficial projects to those in need in the UK and abroad.
FINANCIAL REVIEW
KIND AID INTERNATIONAL had secured funds from public donors and grant makers for their activities totalling £87,951 (2021: £77,224) during the year. During the year, the charity was able to deliver the projects for grant makers and direct projects and had a total expenditure of £99,743 (2021: £33,517). Of this, £59,320 were grants for charitable activities. This generated a deficit of £11,792 which was met with prior year surpluses. The charity had reserves of £1,002,257 at the end of the year, including the property asset, of which the charity intends to retain £5,000 for administration costs.
PLANS FOR FUTURE PERIODS
Future plans are to continue to support the orphans, widows, refugees, asylum seekers and poor and needy with direct support for their necessities and welfare.
RESPONSIBILITIES OF THE TRUSTEES
The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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KIND AID INTERNATIONAL TRUSTEES ANNUAL REPORT {¢ontlnued) PERIOD TO 31 MARCH 2023 The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a Irue and fair view of the slale of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing Ihese financial slalements, Ihe trustees are required to.. select suitable accounting policies and then apply them consistently,. obsejve the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards have been followed, subjecl to any material departures disclosed and explained in the financial statements-, prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records Ihat 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 Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. The trustees 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. APPROVAL The report was approved by the Trustees on 0410912024 And signed on their behalf by Dr MOHAMMAD SALIH MUSTAFA Chairman
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KIND AID INTERNATIONAL
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31[st] March 2023.
Responsibilities and basis of report
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is sufficient for external scrutiny.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
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to state whether particular matters have come to my attention
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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• the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I 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.
M Suleman 04/09/2024 Principal Accountant Fusion Accounting Ltd, 398A east Park Road Leicester LE5 5HH
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KIND AID INTERNATIONAL
STATEMENT OF FINANCIAL ACTIVITIES (SOFA) PERIOD TO 31 MARCH 2023
| Total Funds | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Period to | Total | ||
| Funds |
Funds | 31 Mar 23 | 31 Dec 21 | ||
| Note | £ | £ | £ | £ | |
| INCOME from | |||||
| donations and legacies | 2 |
46,686 | 41,265 | 87,951 | 77,224 |
| charitable activities | |||||
| other trading activity | |||||
| Investment income | |||||
| Other income | |||||
| Total | 46,686 | 41,265 | 87,951 | 77,224 | |
| EXPENDITURE | |||||
| on raising funds | - | - | - | - | |
| charitable activities | 3 | 40,423 | 59,320 | 99,743 | 33,517 |
| other expenditure | - | - | - | - | |
| Total | 40,423 | 59,320 | 99,743 | 33,517 | |
| Net Income before Tax | 6,263 | (18,055) | (11,792) | 43,707 | |
| Tax payable | - | - | |||
| Net income after Tax | 6,263 | (18,055) | (11,792) | 43,707 | |
| Net gains/losses on assets | |||||
NET INCOME |
6,263 | (18,055) | (11,792) | 43,707 | |
| Transfers between funds | |||||
| - | - | - | - | ||
| Net movement in funds | |||||
| - | - | - | - | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 173,782 | 840,267 | 1,014,049 | 970,342 | |
| Total funds carried | 180,045 | 822,212 | 1,002,257 | 1,014,049 | |
| forward |
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KIND AID INTERNATIONAL BALANCE SHEET PERIOD TO 31 MARCH 2023 Total Funds Period to 31 Mar 23 Unrestricted Restricted Funds Funds Total 31 Dec 21 Note FIXED ASSETS Tangible assets- Property 31,418 840,267 871,685 871,685 CURRENT ASSETS Cash in hand and bank 23,367 107,985 131,352 145,489 Total 23,367 107,985 131,352 145,489 LIABILITIES Creditors falling due within 5 one year 780 3,125 Net current assets 130,572 142,364 Total assets less current 130,572 142,364 Total Net Assels 1,002,257 1,014,049 The funds of the charity Unrestricted funds Restricted funds 180,045 822,212 173,782 840,267 Totsl 1,002,257 1,014,049 These accounts were approved by the Trustees on 0410912024 and are signed on their behalf by: Dr MOHAMMAD SALIH MUSTAFA Chairman CHARITY REGISTRATION Number.. 1105781
KIND AID INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS PERIOD TO 31 MARCH 2023
1. ACCOUNTING POLICIES
a) Basis of accounting
The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011.
The new accounting policies are relevant to the size and nature of the charity's income for the period.
The change in accounting policy has only resulted in minor non-material differences arising. As such no requirement to restate prior or current year figures has arisen.
The charity constitutes a public benefit entity as defined by FRS 102.
b) Fund accounting
Unrestricted funds are general funds that are available for use at the trustees' discretion in furtherance of any of the objectives of the charity.
Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose and the restriction means that the funds can only be used for specific projects or activities.
c) Incoming resources
Voluntary income, including donations, gifts and legacies and grants that provide core funding or are of a general nature, are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract or where entitlement to grant funding is subject to specific performance conditions. Grant income included in this category provides funding to support programme activities and is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
d) Resources expended
Expenditure is recognised when a liability is incurred. Funding provided through contractual agreements and performance related grants are recognised as goods or services are supplied. Other grant payments are recognised when a constructive obligation arises that results in the payment being an unavoidable commitment.
Costs of raising funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.
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KIND AID INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS (continued) PERIOD TO 31 MARCH 2023
2. DONATION & LEGACIES – BY FUND TYPE
| Unrestricted | Restricted | Total Funds | Total | |
|---|---|---|---|---|
| Funds | Funds | 2023 | 2021 | |
| £ | £ | £ | £ | |
| Donations | ||||
| Donations | 46,686 | 38,777 |
85,463 | 77,224 |
| Grants | - | 2,488 | 2,488 | - |
| Total | 46,686 | 41,265 |
87,951 | 77,224 |
3. EXPENDITURE – Charitable Activities
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Staff Costs | 22,861 | - | 22,681 |
| Utility Costs | 9,669 | - | 9,669 |
| Water Rates | 6,253 | - | 6,253 |
| Sundry Costs | 890 | - | 890 |
| Subtotal | 39,673 | - | 39,673 |
| Governance Costs | |||
| Accountancy Fees | 750 | - | 750 |
| _____ | ____ | _____ | |
| 750 | - | 750 | |
| Grants –Community Support and Welfare | |||
| Bayratee Kurdish Community | - | 59,320 | 59,320 |
| _____ | _____ | ______ | |
| 59,320 | 59,320 | ||
| TOTAL | 40,423 | 59,320 |
99,743 |
4. Staff Disclosures
Total number of staff employed during the period is 3. No staff received remuneration above £60,000
5. LIABILITIES: Amounts falling due within one year
| £ | |
|---|---|
| Trade creditors | |
| Accountancy & Examination Fees for 2023 750 | |
| NEST Pensions | 30 |
| ==== | |
| TOTAL | 780 |
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KIND AID INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS (continued) PERIOD TO 31 MARCH 20238.
6. CONNECTED PARTY TRANSACTIONS
There were no payments made to any trustee or connected person during the period for any remuneration or expenses.
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