**REGISTERED CHARITY NUMBER: 1106010** ## **ANGEL WELFARE AND EDUCATION TRUST** ## **REPORT OF THE TRUSTEES AND** ## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022** 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 2022** ||**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 2022** **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 2022** The trustees present their report with the financial statements of the charity for the year ended 31 October 2022. 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** Poverty in Eastern Africa is a complex issue with multiple contributing factors. The region, which includes areas such as Garissa, Isiolo, Marsabit, Kadiajo, Meru, and Tharaka Nithi, Kakamega, Mbale and Jalebi Dessert. Eastern Africa is considered one of the most poverty-stricken regions in Africa, with an estimated poverty rate of around 44.5%, according to a 2016 report by the African National Bureau of Statistics. The factors that contribute to poverty in this region include: 1. Drought and famine: Eastern Africa is a semi-arid region that is prone to drought and famine, leading to food scarcity and malnutrition. 2. Limited access to education and healthcare: The region has a high illiteracy rate, and many people lack access to basic healthcare services, which perpetuates poverty. 3. High unemployment rates: The region's economy is largely dependent on agriculture, which is affected by drought and unpredictable weather patterns. Many people are unable to secure stable employment, leading to poverty. 4. Limited infrastructure: The region's roads, water, and electricity supply are underdeveloped, making it difficult for people to access markets, schools, and hospitals. In conclusion, poverty in Eastern Africa is caused by a combination of factors, including drought, limited access to education and healthcare, high unemployment rates, and underdeveloped infrastructure. Addressing these factors requires a multi-faceted approach that includes improving access to education, healthcare, and job opportunities, and investing in critical infrastructure. Angel Welfare and Education Trust can help in East Africa by: 1. Providing humanitarian aid: Angel Welfare and Education Trust can provide basic necessities like food, water, and shelter to people affected by famine, drought, and conflicts in East Africa. 2. Supporting healthcare services: Angel Welfare and Education Trust can support healthcare services to improve the quality of life and provide medical assistance to those who need it. 3. Education: Angel Welfare and Education Trust can help by building schools and supporting educational programs to ensure that children have access to quality education. 4. Emergency relief: Angel Welfare and Education Trust can provide emergency relief when disasters like floods, earthquakes, and other natural disasters occur. 5. Job creation: Angel Welfare and Education Trust can create job opportunities for people in the region to reduce poverty levels. Page 2 **ANGEL WELFARE AND EDUCATION TRUST** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2022** ## **Objectives and activities** 6. Empowering communities: Angel Welfare and Education Trust can work with communities to empower them by providing them with training and resources to help them become self-sufficient. 7. Addressing the root causes: Angel Welfare and Education Trust can work with local governments and communities to address the root causes of problems like poverty, hunger, and conflict. Overall, Angel Welfare and Education Trust can play a vital role in improving the lives of people in Eastern Africa by addressing some of the key challenges facing the region. ## **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. ## **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 19 May 2023 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 2022. ## **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 member of the Institute of Chartered Accountants in England and Wales, 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 Riley Moss 2018 Limited Riley House 183-185 North Road Preston Lancashire PR1 1YQ 24 May 2023 Page 4 **ANGEL WELFARE AND EDUCATION TRUST** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2022** **----- Start of picture text -----**
2022 2021
Unrestricted Restricted Total Total
funds fund funds funds
Notes £ £ £ £
Income and endowments from
Donations and legacies 2 244,805 656,096 900,901 855,147
Expenditure on
Charitable activities 3
Charitable 170,399 921,367 1,091,766 953,929
NET INCOME/(EXPENDITURE) 74,406 (265,271) (190,865) (98,782)
Transfers between funds 11 (265,270) 265,270 - -
Net movement in funds (190,864) (1) (190,865) (98,782)
Reconciliation of funds
Total funds brought forward 378,261 1 378,262 477,044
Total funds carried forward 187,397 - 187,397 378,262
**----- 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 2022** **----- Start of picture text -----**
2022 2021
Unrestricted Restricted Total Total
funds fund funds funds
Notes £ £ £ £
Current assets
Debtors 8 57,000 - 57,000 57,000
Cash at bank and in hand 132,557 - 132,557 372,807
-
189,557 189,557 429,807
Creditors
Amounts falling due within one year 9 (2,160) - (2,160) (51,545)
Net current assets 187,397 - 187,397 378,262
Total assets less current liabilities 187,397 - 187,397 378,262
NET ASSETS 187,397 - 187,397 378,262
Funds 11
Unrestricted funds 187,397 378,261
Restricted funds - 1
Total funds 187,397 378,262
**----- End of picture text -----**
The financial statements were approved by the Board of Trustees and authorised for issue on 19 May 2023 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 2022** **----- Start of picture text -----**
2022 2021
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 (190,865) (113,766)
Net cash used in operating activities (190,865) (113,766)
Change in cash and cash equivalents
in the reporting period (190,865) (113,766)
Cash and cash equivalents at the
beginning of the reporting period 2 323,422 437,188
Cash and cash equivalents at the end
of the reporting period 2 132,557 323,422
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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 2022** **----- Start of picture text -----**
1. Reconciliation of net expenditure to net cash flow from operating activities
2022 2021
£ £
Net expenditure for the reporting period (as per the Statement
of Financial Activities) (190,865) (98,782)
Adjustments for:
Increase in debtors - (14,984)
Net cash used in operations (190,865) (113,766)
2. Analysis of cash and cash equivalents
2022 2021
£ £
Cash in hand - 26,129
Notice deposits (less than 3 months) 132,557 346,678
Overdrafts included in bank loans and overdrafts falling due within one
year - (49,385)
Total cash and cash equivalents 132,557 323,422
3. Analysis of changes in net funds
At 1.11.21 Cash flow At 31.10.22
£ £ £
Net cash
Cash at bank and in hand 372,807 (240,250) 132,557
Bank overdraft (49,385) 49,385 -
323,422 (190,865) 132,557
Total 323,422 (190,865) 132,557
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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 2022** ## **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|**2022**
**£**
900,901
-
900,901|**2021**
**£**
774,913
80,234
855,147| |---|---|---| Page 9 continued... **ANGEL WELFARE AND EDUCATION TRUST** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2022** ## **3. Charitable activities costs** |**Direct**
**Costs**
**£**
Charitable
1,088,728
**4.**
**Support costs**
**Management**
**Finance**
**£**
**£**
Charitable
35
483|**Support**
**costs (see**
**note 4)**
**£**
3,038
**Governance**
**costs**
**£**
2,520|**Totals**
**£**
1,091,766
**Totals**
**£**
3,038| |---|---|---| ## **5. Trustees' remuneration and benefits** There were no trustees' remuneration or other benefits for the year ended 31 October 2022 nor for the year ended 31 October 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 October 2022 nor for the year ended 31 October 2021. ## **6. Staff costs** There were no staff costs for the year ended 31 October 2022 nor for the year ended 31 October 2021. 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
195,409
**Expenditure on**
**Charitable activities**
Charitable
153,561
**NET INCOME/(EXPENDITURE)**
41,848
**Reconciliation of funds**
Total funds brought forward
336,413
**Total funds carried forward**
378,261|**Restricted**
**fund**
**£**
659,738
800,368
(140,630)
140,631
1|**Total**
**funds**
**£**
855,147
953,929
(98,782)
477,044
378,262| |---|---|---| Page 10 continued... **ANGEL WELFARE AND EDUCATION TRUST** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2022** |**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**
**Net**
**At**
**movement**
**1.11.21**
**in funds**
**£**
**£**
**Unrestricted funds**
Un restricted fund
378,261
74,406
**Restricted funds**
Restricted Funds
1
(265,271)
**TOTAL FUNDS**
378,262
(190,865)
Net movement in funds, included in the above are as follows:
**Incoming**
**resources**
**£**
**Unrestricted funds**
Un restricted fund
244,805
**Restricted funds**
Restricted Funds
656,096
**TOTAL FUNDS**
900,901|**2022**
**£**
57,000
**2022**
**£**
-
2,160
2,160
**2022**
**£**
-
**Transfers**
**between**
**funds**
**£**
(265,270)
265,270
-
**Resources**
**expended**
**£**
(170,399)
(921,367)
(1,091,766)|**2021**
**£**
57,000
**2021**
**£**
49,385
2,160
51,545
**2021**
**£**
49,385
**At**
**31.10.22**
**£**
187,397
-
187,397
**Movement**
**in funds**
**£**
74,406
(265,271)
(190,865)| |---|---|---| Page 11 continued... **ANGEL WELFARE AND EDUCATION TRUST** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2022** ## **11. Movement in funds - continued** ## **Comparatives for movement in funds** |**At**
**1.11.20**
**£**
**Unrestricted funds**
Un restricted fund
336,413
**Restricted funds**
Restricted Funds
140,631
**TOTAL FUNDS**
477,044
Comparative 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|**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)| |---|---| 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 2022. Page 12 **ANGEL WELFARE AND EDUCATION TRUST** **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2022** **----- Start of picture text -----**
2022 2021
£ £
Income and endowments
Donations and legacies
Donations 900,901 774,913
Gift aid - 80,234
900,901 855,147
Total incoming resources 900,901 855,147
Expenditure
Charitable activities
Charitable activities overseas 1,088,728 951,574
Support costs
Management
Sundries 35 -
Finance
Bank charges 483 195
Governance costs
Accountancy and legal fees 2,520 2,160
Total resources expended 1,091,766 953,929
Net expenditure (190,865) (98,782)
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This page does not form part of the statutory financial statements Page 13