**REGISTERED CHARITY NUMBER: 1106010**
## **ANGEL WELFARE AND EDUCATION TRUST**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021**
Riley Moss 2018 Limited Riley House 183-185 North Road Preston Lancashire PR1 1YQ
**ANGEL WELFARE AND EDUCATION TRUST**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021**
||**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 AND EDUCATION TRUST REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 OCTOBER 2021**
**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 Riley House 183-185 North Road Preston Lancashire PR1 1YQ
Page 1
**ANGEL WELFARE AND EDUCATION TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2021**
The trustees present their report with the financial statements of the charity for the year ended 31 October 2021. 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**
2021, as expected, was a difficult year to navigate around coronavirus-19 and the ever increasing drought and crop failures. As the year passed and restrictions of social distancing were relaxed we moved slowly away from food distributions to engaging social enterprises and income generation projects. As schools re-opened we supported schools and education centres to help bridge the gap of lost time during the coronavirus-19 lockdowns.
General poverty was increasing month on month and is still increasing as crops fail due to the lack of rain. With the rising costs of transport and fuel and basic products across the world the cost of living was rising sharply. The droughts causing cattle to dye as there was not enough grass to keep them alive. Families and individuals who were self-sustaining have reached out for assistance this year for the reasons mentioned above.
Although most of 2021 was spent handing out basic foods the latter part was spent in school assistance and enterprise objectives to try and kick-start the economy for farmers and small businesses who suffered earlier in the year. At our centre we kept many seminars to bring the youth and the adults back on their feet. Many suffered with diseases and dare not see doctors outside their villages. Medical Outreach programs we organised were very busy and much needed. In previous years our medics would see 400 persons per day but in 2021 this increased to 600 per day. During our medical outreach programs, other international aid agencies were invited to provide Covid vaccines for those eligible.
## **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.
## **Future plans**
In 2022, AWET intend to provide more income generation support and enterprise grants to assist those who want to become self-sufficient. AWET shall seek out areas where poverty has hit hard and we shall try and counter this with support and assistance. New fundraising initiatives are being introduced to help raise more funds from different streams than our normal donation streams.
AWET Trustees would like to thank all the volunteers, ambassadors, partners and donors for their tireless efforts and continued support.
Page 2
**ANGEL WELFARE AND EDUCATION TRUST**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2021**
## **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.
Approved by order of the board of trustees on 28 July 2022 and signed on its behalf by:
Mr Nasim Patel - Trustee
Page 3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ANGEL WELFARE AND EDUCATION TRUST**
## **Independent examiner's report to the trustees of Angel Welfare and Education Trust**
I report to the charity trustees on my examination of the accounts of Angel Welfare and Education Trust (the Trust) for the year ended 31 October 2021.
## **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 Riley House 183-185 North Road Preston Lancashire PR1 1YQ
28 July 2022
Page 4
**ANGEL WELFARE AND EDUCATION TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2021**
**----- Start of picture text -----**
2021 2020
Unrestricted Restricted Total Total
funds fund funds funds
Notes £ £ £ £
Income and endowments from
Donations and legacies 2 195,409 659,738 855,147 922,723
Expenditure on
Charitable activities 3
Charitable 153,561 800,368 953,929 779,739
- - -
Support cost 2,976
Total 153,561 800,368 953,929 782,715
NET INCOME/(EXPENDITURE) 41,848 (140,630) (98,782) 140,008
Reconciliation of funds
Total funds brought forward 336,413 140,631 477,044 337,036
Total funds carried forward 378,261 1 378,262 477,044
**----- End of picture text -----**
The notes form part of these financial statements
Page 5
**ANGEL WELFARE AND EDUCATION TRUST**
## **STATEMENT OF FINANCIAL POSITION 31 OCTOBER 2021**
**----- Start of picture text -----**
2021 2020
Unrestricted Restricted Total Total
funds fund funds funds
Notes £ £ £ £
Current assets
Debtors 8 57,000 - 57,000 42,016
Cash at bank and in hand 323,422 49,385 372,807 437,188
380,422 49,385 429,807 479,204
Creditors
Amounts falling due within one year 9 (2,161) (49,384) (51,545) (2,160)
Net current assets 378,261 1 378,262 477,044
Total assets less current liabilities 378,261 1 378,262 477,044
NET ASSETS 378,261 1 378,262 477,044
Funds 11
Unrestricted funds 378,261 336,413
Restricted funds 1 140,631
Total funds 378,262 477,044
**----- End of picture text -----**
The financial statements were approved by the Board of Trustees and authorised for issue on 28 July 2022 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 AND EDUCATION TRUST**
**STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 OCTOBER 2021**
**----- Start of picture text -----**
2021 2020
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 (113,766) 122,660
Net cash (used in)/provided by operating activities (113,766) 122,660
Change in cash and cash equivalents
in the reporting period (113,766) 122,660
Cash and cash equivalents at the
beginning of the reporting period 2 437,188 314,528
Cash and cash equivalents at the end
of the reporting period 2 323,422 437,188
**----- End of picture text -----**
The notes form part of these financial statements
Page 7
**ANGEL WELFARE AND EDUCATION TRUST**
**NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 OCTOBER 2021**
|**1.**
**Reconciliation of net (expenditure)/income to net cash flow from operating activities**
**2021**
**£**
**Net (expenditure)/income for the reporting period (as per the**
**Statement of Financial Activities)**
(98,782)
**Adjustments for:**
Increase in debtors
(14,984)
Increase in creditors
-
**Net cash (used in)/provided by operations**
(113,766)
**2.**
**Analysis of cash and cash equivalents**
**2021**
**£**
Cash in hand
26,129
Notice deposits (less than 3 months)
346,678
Overdrafts included in bank loans and overdrafts falling due within one
year
(49,385)
Total cash and cash equivalents
323,422
3.
**Analysis of changes in net funds**|
**2020**
**£**
140,008
(18,008)
660
122,660
**2020**
**£**
26,129
411,059
-
437,188|
|---|---|
|**Net cash**
Cash at bank and in hand
Bank overdraft|**At 1.11.20**
**Cash flow**
**At 31.10.21**
**£**
**£**
**£**
437,188
(64,381)
372,807
-
(49,385)
(49,385)|
|---|---|
||437,188
(113,766)
323,422|
|**Total**|437,188
(113,766)
323,422|
The notes form part of these financial statements
Page 8
**ANGEL WELFARE AND EDUCATION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021**
## **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|**2021**
**£**
774,913
80,234
855,147|**2020**
**£**
875,645
47,078
922,723|
|---|---|---|
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continued...
**ANGEL WELFARE AND EDUCATION TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2021**
## **3. Charitable activities costs**
|Charitable
**4.**
**Support costs**
Charitable|**Support**
**Direct**
**costs (see**
**Costs**
**note 4)**
**£**
**£**
951,574
2,355
**Governance**
**Finance**
**costs**
**£**
**£**
195
2,160|**Totals**
**£**
953,929
**Totals**
**£**
2,355|
|---|---|---|
## **5. Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 31 October 2021 nor for the year ended 31 October 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 October 2021 nor for the year ended 31 October 2020.
## **6. Staff costs**
There were no staff costs for the year ended 31 October 2021 nor for the year ended 31 October 2020.
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
288,285
**Expenditure on**
**Charitable activities**
Charitable
149,728
Support cost
2,976
**Total**
152,704
**NET INCOME**
135,581
**Reconciliation of funds**
**Total funds brought forward**
200,832
**Total funds carried forward**
336,413|**Restricted**
**fund**
**£**
634,438
630,011
-
630,011
4,427
136,204
140,631|**Total**
**funds**
**£**
922,723
779,739
2,976
782,715
140,008
337,036
477,044|
|---|---|---|
Page 10
continued...
**ANGEL WELFARE AND EDUCATION TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2021**
|**8.**
**Debtors: amounts falling due within one year**
Prepayments and accrued income
**9.**
**Creditors: amounts falling due within one year**
Bank loans and overdrafts (see note 10)
Other creditors
**10.**
**Loans**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
**11.**
**Movement in funds**
**At**
**1.11.20**
**£**
**Unrestricted funds**
Un restricted fund
336,413
**Restricted funds**
Restricted Funds
140,631
**TOTAL FUNDS**
477,044
Net movement in funds, included in the above are as follows:
**Incoming**
**resources**
**£**
**Unrestricted funds**
Un restricted fund
195,409
**Restricted funds**
Restricted Funds
659,738
**TOTAL FUNDS**
855,147|**2021**
**2020**
**£**
**£**
57,000
42,016
**2021**
**2020**
**£**
**£**
49,385
-
2,160
2,160
51,545
2,160
**2021**
**2020**
**£**
**£**
49,385
-
**Net**
**movement**
**At**
**in funds**
**31.10.21**
**£**
**£**
41,848
378,261
(140,630)
1
(98,782)
378,262
**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(153,561)
41,848
(800,368)
(140,630)
(953,929)
(98,782)|
|---|---|
Page 11
continued...
**ANGEL WELFARE AND EDUCATION TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2021**
## **11. Movement in funds - continued**
## **Comparatives for movement in funds**
|**At**
**1.11.19**
**£**
**Unrestricted funds**
Un restricted fund
200,832
**Restricted funds**
Restricted Funds
136,204
**TOTAL FUNDS**
337,036
Comparative net movement in funds, included in the above are as follows:
**Incoming**
**resources**
**£**
**Unrestricted funds**
Un restricted fund
288,285
**Restricted funds**
Restricted Funds
634,438
**TOTAL FUNDS**
922,723|**Net**
**movement**
**At**
**in funds**
**31.10.20**
**£**
**£**
135,581
336,413
4,427
140,631
140,008
477,044
**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(152,704)
135,581
(630,011)
4,427
(782,715)
140,008|
|---|---|
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.
## **12. Related party disclosures**
There were no related party transactions for the year ended 31 October 2021.
Page 12
**ANGEL WELFARE AND EDUCATION TRUST**
**DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2021**
**----- Start of picture text -----**
2021 2020
£ £
Income and endowments
Donations and legacies
Donations 774,913 875,645
Gift aid 80,234 47,078
855,147 922,723
Total incoming resources 855,147 922,723
Expenditure
Charitable activities
Charitable activities overseas 951,574 779,739
Support costs
Finance
Bank charges 195 156
Governance costs
Accountancy and legal fees 2,160 2,820
Total resources expended 953,929 782,715
Net (expenditure)/income (98,782) 140,008
**----- End of picture text -----**
This page does not form part of the statutory financial statements
Page 13