**REGISTERED CHARITY NUMBER: 1106010**
## **ANGEL WELFARE EDUCATION TRUST**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2020**
Riley Moss 2018 Limited Chartered Accountants Riley House 183-185 North Road Preston Lancashire PR1 1YQ
**ANGEL WELFARE EDUCATION TRUST**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2020**
||**Page**|
|---|---|
|**Reference and Administrative Details**|1|
|**Report of the Trustees**|2 to 3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Statement of Financial Position**|6|
|**Statement of Cash Flows**|7|
|**Notes to the Statement of Cash Flows**|8|
|**Notes to the Financial Statements**|9 to 12|
|**Detailed Statement of Financial Activities**|13|
**ANGEL WELFARE EDUCATION TRUST REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 OCTOBER 2020**
**Trustees** Mr Nasim Patel Mrs Yasmin Patel Mr. Hussan Mussa Mrs. Zubeda Mussa Mr Moinuddin Saiyed Mr Farook Essa **Principal address** 29 The Drive Preston Lancashire PR2 8FF **Registered charity number** 1106010 **Independent examiner** Riley Moss 2018 Limited Chartered Accountants Riley House 183-185 North Road Preston Lancashire PR1 1YQ
Page 1
**ANGEL WELFARE EDUCATION TRUST**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2020**
The trustees present their report with the financial statements of the charity for the year ended 31 October 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**
Angel Welfare and Education Trust activities are based on long term projects across thousands of square miles reaching out to individuals, families & villages with effective programs such as school feeding, orphan support and education support. Angel Welfare and Education Trust is working with local organizations to provide awareness of health and social responsibility by organising & delivering medical outreach caravans into rural villages.
## **Significant activities**
In 2020 AWET expanded the areas in Kenya and Uganda in which it operates. Quite successfully AWET has replicated most of the charitable projects in western Kenya to Eastern Kenya and Uganda.
Many of our projects are continuous projects and require attention and reporting throughout the year. For example school feeding, orphan support and educational training seminars. AWET is working with local organisations to provide awareness of health and social responsibility. The continuing projects require financial management, which means we release funds monthly or quarterly spreading the payment over the year.
Each activity or project undertaken by AWET has specific benefits for the individuals and the community in general. The financial benefit is always obvious but the mental and social benefits (also known as public benefit) are difficult to quantify and report.
Globally, the coronavirus has caused mayhem and misery and East Africa was not avoided by the virus. The closing of majors Cities and Towns sent the working population back to the villages with no income. More mouths to feed and no additional routes of income caused more despair in addition to the normal dire circumstances. Self-sufficiency became an impossible dream for many as everybody tried to survive with less than basic amounts of food.
Many rounds of food distribution and plenty of encouragement was required to keep self-esteem in order. However we managed to do both to some extent and generally East Africa has survived the coronavirus effects thus far.
## **Public benefit**
Angel Welfare and Education Trust core activities are still based around the long-term devastating effects of abstract poverty and economic instability of rural Africa. These devastating effects demand our charity to provide the very basic provisions of shelter, food and clean water.
## **Financial review**
It is the policy of the charity to maintain unrestricted funds at a level which equate to approximately 12 months unrestricted expenditure.
This provides sufficient funds to cover management and administration and support costs.
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**ANGEL WELFARE EDUCATION TRUST**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2020**
## **Future plans**
In 2021, the way AWET decides on how to distribute donations shall be reviewed in light of the coronavirus restrictions. Even more so in East Africa as it seems the 2nd phase is prolonged and rural populations do not believe vaccinations shall reach them.
Further challenges lie ahead whilst we grow our fundraising and the area of our charitable activities. AWET would like to applaud and thank our volunteers, ambassadors and partners for their relentless efforts and no complaint attitude with which they have aided and supported the needy and unfortunate thus far. With the aid of our volunteers and ambassadors we shall remain focused on our growth and provide a firm ground for more families to rise above the poverty threshold via our welfare and education activities.
## **Structure, governance and management**
## **Governing document**
Angel Welfare and Education Trust is a registered UK Charity constituted on 23 September 2004 under charity number 1106010. It is an unincorporated charity. The governing document is a Trust Deed.
The trustees who served during the year and up to the date of this report are set out on page 1. The trustees have the power to appoint any person to be a trustee in accordance with the provisions of the Trust Deed. An appointed trustee holds office within the limits permitted by law.
There are informal procedures in place for induction and training of new trustees. Trustees are also encouraged to attend external briefings and training courses.
## **Trustees' responsibility statement**
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards 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 proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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 board of trustees on 29 June 2021 and signed on its behalf by:
Mr Nasim Patel - Trustee
Page 3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ANGEL WELFARE EDUCATION TRUST**
## **Independent examiner's report to the trustees of Angel Welfare Education Trust**
I report to the charity trustees on my examination of the accounts of Angel Welfare Education Trust (the Trust) for the year ended 31 October 2020.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 ICAEW which is one of the listed bodies.
I have completed my examination. I confirm that no material 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 Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do 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 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.
Farook Patel FCA ICAEW Riley Moss 2018 Limited Chartered Accountants Riley House 183-185 North Road Preston Lancashire PR1 1YQ
29 June 2021
Page 4
**ANGEL WELFARE EDUCATION TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2020**
**----- Start of picture text -----**
2020 2019
Unrestricted Restricted Total Total
funds fund funds funds
Notes £ £ £ £
Income and endowments from
Donations and legacies 2 288,285 634,438 922,723 618,992
Expenditure on
Charitable activities 3
Charitable 149,728 630,011 779,739 462,958
-
Support cost 2,976 2,976 4,664
Total 152,704 630,011 782,715 467,622
NET INCOME 135,581 4,427 140,008 151,370
Reconciliation of funds
Total funds brought forward 200,832 136,204 337,036 185,666
Total funds carried forward 336,413 140,631 477,044 337,036
**----- End of picture text -----**
The notes form part of these financial statements
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**ANGEL WELFARE EDUCATION TRUST**
## **STATEMENT OF FINANCIAL POSITION 31 OCTOBER 2020**
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2020 2019
Unrestricted Restricted Total Total
funds fund funds funds
Notes £ £ £ £
Current assets
Debtors 8 42,016 - 42,016 24,008
Cash at bank and in hand 296,557 140,631 437,188 314,528
338,573 140,631 479,204 338,536
Creditors
Amounts falling due within one year 9 (2,160) - (2,160) (1,500)
Net current assets 336,413 140,631 477,044 337,036
Total assets less current liabilities 336,413 140,631 477,044 337,036
NET ASSETS 336,413 140,631 477,044 337,036
Funds 10
Unrestricted funds 336,413 200,832
Restricted funds 140,631 136,204
Total funds 477,044 337,036
**----- End of picture text -----**
The financial statements were approved by the Board of Trustees and authorised for issue on 29 June 2021 and were signed on its behalf by:
Mr Nasim Patel - Trustee
Mr. Hussan Mussa - Trustee
The notes form part of these financial statements
Page 6
**ANGEL WELFARE EDUCATION TRUST**
**STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 OCTOBER 2020**
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2020 2019
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 122,660 158,757
Net cash provided by operating activities 122,660 158,757
Change in cash and cash equivalents
in the reporting period 122,660 158,757
Cash and cash equivalents at the
beginning of the reporting period 314,528 155,771
Cash and cash equivalents at the end
of the reporting period 437,188 314,528
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The notes form part of these financial statements
Page 7
**ANGEL WELFARE EDUCATION TRUST NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 OCTOBER 2020**
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1. Reconciliation of net income to net cash flow from operating activities
2020 2019
£ £
Net income for the reporting period (as per the Statement of
Financial Activities) 140,008 151,370
Adjustments for:
(Increase)/decrease in debtors (18,008) 7,387
Increase in creditors 660 -
Net cash provided by operations 122,660 158,757
2. Analysis of changes in net funds
At 1.11.19 Cash flow At 31.10.20
£ £ £
Net cash
Cash at bank and in hand 314,528 122,660 437,188
314,528 122,660 437,188
Total 314,528 122,660 437,188
**----- End of picture text -----**
The notes form part of these financial statements
Page 8
**ANGEL WELFARE EDUCATION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2020**
## **1. Accounting policies**
## **Basis of preparing the financial statements**
The financial statements of the charity, 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 Charities Act 2011. 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 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.
## **Analysis of charitable activities**
All restricted funds include Zakat, Lillah and Sadqa. These are all related to removing human suffering, provide shelter, clothing and food, clean water, education facilities and establish work for perople to look after themselves.
## **2. Donations and legacies**
|Donations
Gift aid|**2020**
**£**
875,645
47,078
922,723|**2019**
**£**
594,984
24,008
618,992|
|---|---|---|
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continued...
**ANGEL WELFARE EDUCATION TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2020**
## **3. Charitable activities costs**
|Charitable
Support cost
**4.**
**Support costs**
Support cost|**Support**
**Direct**
**costs (see**
**Costs**
**note 4)**
**£**
**£**
779,739
-
-
2,976
779,739
2,976
**Governance**
**Finance**
**costs**
**£**
**£**
156
2,820|**Totals**
**£**
779,739
2,976
782,715
**Totals**
**£**
2,976|
|---|---|---|
## **5. Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 31 October 2020 nor for the year ended 31 October 2019.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 October 2020 nor for the year ended 31 October 2019.
## **6. Staff costs**
There were no staff costs for the year ended 31 October 2020 nor for the year ended 31 October 2019.
No employees received emoluments in excess of £60,000.
## **7. Comparatives for the statement of financial activities**
|**Unrestricted**
**funds**
**£**
**Income and endowments from**
Donations and legacies
132,014
**Expenditure on**
**Charitable activities**
Charitable
43,826
Support cost
4,664
**Total**
48,490
**NET INCOME**
83,524
**Reconciliation of funds**
**Total funds brought forward**
117,308|**Restricted**
**fund**
**£**
486,978
419,132
-
419,132
67,846
68,358|**Total**
**funds**
**£**
618,992
462,958
4,664
467,622
151,370
185,666|
|---|---|---|
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continued...
**ANGEL WELFARE EDUCATION TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2020**
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7. Comparatives for the statement of financial activities - continued
Unrestricted Restricted Total
funds fund funds
£ £ £
Total funds carried forward 200,832 136,204 337,036
8. Debtors: amounts falling due within one year
2020 2019
£ £
Prepayments and accrued income 42,016 24,008
9. Creditors: amounts falling due within one year
2020 2019
£ £
Other creditors 2,160 1,500
10. Movement in funds
Net
At movement At
1.11.19 in funds 31.10.20
£ £ £
Unrestricted funds
Un restricted fund 200,832 135,581 336,413
Restricted funds
Restricted Funds 136,204 4,427 140,631
TOTAL FUNDS 337,036 140,008 477,044
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
Un restricted fund 288,285 (152,704) 135,581
Restricted funds
Restricted Funds 634,438 (630,011) 4,427
TOTAL FUNDS 922,723 (782,715) 140,008
**----- End of picture text -----**
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**ANGEL WELFARE EDUCATION TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2020**
## **10. Movement in funds - continued**
## **Comparatives for movement in funds**
|**At**
**1.11.18**
**£**
**Unrestricted funds**
Un restricted fund
117,308
**Restricted funds**
Restricted Funds
68,358
**TOTAL FUNDS**
185,666
Comparative net movement in funds, included in the above are as follows:
**Incoming**
**resources**
**£**
**Unrestricted funds**
Un restricted fund
132,014
**Restricted funds**
Restricted Funds
486,978
**TOTAL FUNDS**
618,992|**Net**
**movement**
**At**
**in funds**
**31.10.19**
**£**
**£**
83,524
200,832
67,846
136,204
151,370
337,036
**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(48,490)
83,524
(419,132)
67,846
(467,622)
151,370|
|---|---|
All restricted funds include Zakat, Lillah and Sadqa. These are all related to removing human suffering, provide shelter, clothing and food, clean water, education facilities and establish work for perople to look after themselves.
## **11. Related party disclosures**
There were no related party transactions for the year ended 31 October 2020.
Page 12
**ANGEL WELFARE EDUCATION TRUST**
**DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2020**
**----- Start of picture text -----**
2020 2019
£ £
Income and endowments
Donations and legacies
Donations 875,645 594,984
Gift aid 47,078 24,008
922,723 618,992
Total incoming resources 922,723 618,992
Expenditure
Charitable activities
Charitable activities overseas 779,739 462,958
Support costs
Finance
Bank charges 156 2,504
Governance costs
Accountancy and legal fees 2,820 2,160
Total resources expended 782,715 467,622
Net income 140,008 151,370
**----- End of picture text -----**
This page does not form part of the statutory financial statements
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