Charity number: 1109315 HUMRAAZ UNAUDITED TRUSTEE'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 HUMRAAZ CONTENTS Page Reference and administrative details of the charity, its trustees and advlsers Trustee's report Independent examiner's report Statement of financial activities 10 Balance sheet 11 Statement of cash flows 12 Notes to the financial statements 13-26 HUMRAAZ REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEE AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Dispensation Dispensation has been given to the charity to protect the identity of the service users. Charity registered number 1109315 Principal office PO Box 427, Lancashire, BB15BN Accountants CW Accountants Limited, Boulevard Centre, 45 Rai￿aY Road, Blackburn, Lancashire, BB1 1EZ Bankers CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ Page 1 HUMRAAZ TRUSTEE'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report together with the financial statements of Humraaz (the Charity) for the year ended 31 March 2024. The Trustee confirm that the annual report and financial statements of the Charity comply with the Current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP}, applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effe¢tive 1 January 2019). Objectives and Activlties a. POLICIES AND OBJECTIVES The objecttves of the Charity are primarily bLrt not exclusively to assist in the relief of women and their children from Black and Minority Ethnic groups who have suffered or are suffering or are at risk of suffering, domestic violence and forced marriage, through the provision of support, education, advice, and accommodation and by such other charitable means as the Executive Committee think fit with the object of improving their conditions of life. Provision for communty women was also created. b. ACTIVITIES FOR ACHIEVING OBJECTIVES Throughout 2023124 Humraaz continued to offer quality services to vulnerable women and their children which were tailored to their individual needs. Many of these women do not speak English and our team of bilingual project workers and support staff provide one-to-one support on a daily basis. Most of the women we support have NRPF and require specialist immigration assistance. We are therefore supporting some of the most vulnerable women in the country. The intense practical support they receive enables them to move on from abuse and fear to safety and independence. Humraaz ensured a space was allowed for BME women in the community to expand skills. reduce isolation and have a safe pla￿ to belong by means of workshops, social groups and learning activities. Humraaz is a specialist "by and for. service and will continue to promote the importance and virtues of specialist support for Black & Minoritised Ethnic {BME} women. Humraaz continues to receive high volumes of referrals from women who are unable to access public funds. Working with these women Humraaz has a 100/0 success rate of securing Indefinite Leave to Remain. Partnership working Humraaz has continued to work in partnership with several organisations across the violence against women and girls (VAWG) sector, working collectively where possible to share expertise, experience and create positive outcomes for marginalized suNivors. Some of Humraaz's partnership working has included the following.. Northern Consortium- continualion of neI￿Ork and sharing expertise. Imkaan - policy review, membership participation, netmorking, and training. Women's Aid - support, standards, policy, impact, and guidance. Confirmed Award for National Quality standard in December 2023. Idle Women - collaborative working with staff and outreach clients. Community Organisations in locality- networking at events Humraaz engaged in promoting and advocating for the service at community events focused on Health, Family, and well-being at local library, health, sports and community centres, including Re.'fresh, Brook and Age Concern All staff embarked on training with Stimulus Ltd - team building and skill development. Humraaz supported research towards the Crisis organization in relation to a Masters Dissertation in Domestic Abuse. Ongoing ne￿ork and sharing with RESIST led by BME group of the VAWG sector. The Risk Project funded by OAK Foundation and Humraaz supported research around risk assessment methods. Page 2 HUMRAAZ TRUSTEE'S REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 IT Confidentiality and IT security continue to remain high on the agenda. All data is kept on the Central server and backed up daily for additional security, this is a much-improved system than the shared server previously used. IT service provision was reviewed and resourced. Staffing The CEO continued to work on raising the profile of the service, meeting commissioner5, partners, and stakeholders. The movement of team with staff turnover was prominent and so team members have been recruited into new roles to support the team with capacity. We had one team member leave. and a replacement was recruited. Volunteers for community activities and learning workshops have been supported. Premises and factlitles The Trustees and Management have ensured that all properties meet standards required by legislation and that the overall standard of décor and furnishings is high. Equipment was replaced as required. Reviewing the potential accrual for the single larger premises for refuge accommodation has been a priority. The Charity continues to lease the 2nd floor at Unity House. In-person Se￿iceS for the community were resumed with health and safety protocols in place. We continued to offer educational sessions for our service users from the refuge. c. MAIN ACTIVITIES UNDERTAKEN TO FURTHER THE CHARITY'S PURPOSES FOR PUBLIC BENEFIT The Trustees confimi that they have paid due regard to the Charity Commission guidance on public benefit reporting in deciding what activities the Charity should undertake. The remainder of the Annual Report explain's the Charitys work during the year and how it has been carried out for the public benefit. {See Activities for Achieving Objectives above). d. VOLUNTEERS .The Trustees confirm that they have paid due regard to the Charity Commission's guidance on public benefit reporting in deciding what activities the Charity should undertake. The Trustees are all volunteer5 who have continued to serve the charity, especially by contributing their professional advice when required. Meetings took place six times during the year. A core of 6 Trustees remain committed to the service. All trustees have an induction pack and priority is given to attending events whenever possible. As the majority of our trustees are young women with full-time jobs, we operate a hybrid trustee model. This ensures that each trustee has a specialist skill that Ihey bring to the board in order to support the Charity. This helps with managing capacity and concentrates individual contribution. We also have trustees who are not local to the area, however they are committed to the purpose of the Charity and virtually attend meetings with the aim of visiting in person annually. Thank you to donors, funders, supporters and the commitment and resilience of all staff. Achievements and performance . REVIEW OF ACTIVITIES Achievements and performance CEO received the John Roberts Outstanding Achievement Award 2023 Women's Aid NQS Awarded to Humraaz Spring Still l Rise Residential with Staff IASME Cyber Essentials accreditation process began The Health and Safety of residents and staff remained paramount. Procedures and policies were reviewed and adhered to in line with legal guidance. Staff have received training and met regularly to ensure high standards were adhered to. In addition to working with survivors of domestic violence as outlined above, there were a Page 3 HUMRAAZ TRUSTEE'S REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 number of activities carried out as part of our community work at Unity House including the following: Wothshop with Ankita - SV art therapy Half -term activities Queen Be Me Volunteer Training Self Defence Create a Self-care Kit (Summer & Winter)Employability Skills Me Myself & Chai (new based on userfeedback) Passport to Housing Food Alliance Session Food & Fitness Reiki Set Up a Business Session Art with Banu Lancashire Mind sessionssinging Session Coffee Mornings Self Esteem Hate Crime Session Dance workshop Rebalancing Relationships Conversational English Sexual Violence Awareness & Prevention Events & Presentations Humraaz Immigration Awareness to Preston Domestic Violence Services Humraaz services including Immigration and SVA Humraaz presence at Family Health Fair Bwd North & West Self-esteem course delivered, one off workshop- requested by Zs Defence Academy Humraaz Inlroduction to Off Load Women's Group International Women's Day Event with Lancashire Women With regards to ProDIGY, our third strand offering peer support for professional Black & Minority Ethnic backgrounds, a monthly skill workshop was delivered by the various group members in person and via Zoom. This enabled reach and flexibility for participation covering a broad range of topics for professional and personal development. staff was also provided the opportunity to upskilll refresh through well-being activities, participation in residentials, and in-house training. External Funding was secured & completed as follows.. Awards For All 2022123 for ProDIGY Perspective Asda Foundation Trust one off food support Gain Ground with Idle Women -Co-create transfomiative spaces for women NISA Global Foundation 202212023 Oak Foundation with Risk Project for Risk Assessment Mechanisms Impact PCC ISVA & Immigration Advocate ongoing Opportunltles 13-bed property renovation progressed with private landlord with view to secure property and transition by the end of the financial year 2023 Recruitment of more trustees with specialist skills to support the team To explore options of creating a CIC Financial review . GOING CONCERN After making appropriate enquiries, the trustees have a reasonable expectstion that the Gharity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. Page 4 HUMRAAZ TRUSTEE'S REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 b. RESERVES POLICY The Trustees aim to accumulate reserves of be￿een 3 and 6 months of the resources expended to enable current activities and liabilities to be met, in the event of delay in receipt of income. Total reserves amounted to £1,126,183 of which £1,116,991 were unrestricted funds (£332,000 of the unrestricted funds has been designated for fr￿0 purposes., 1. to purchase a buildingl utilise these funds on the new building being leased and 2. in the event that the company has to be wound up) and £1,990 represented restricted funds. c. SURPLUSIDEFICIT The Charity's financial results for the year amounted to a surplus of £157,223 (2023 - £340,991). d. PRINCIPAL FUNDING Principal funding for the charity is provided by Blackburn with Da￿en Borough Council for housing benefrts and Community Safety Partnership for refuge. Structure, governance and management . CONSTITUTION The charity constituted by a Trust Deed and its property shall be administered and managed by the Trustees under the name of Humraaz or by such other name as the Trustees from time to time decide and with the approval of the Charity Commission for England and Wales. b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES The management of the charity is the responsibility of the Trustee who are elected and COThOPted under the terms of the Trust deed. c. ORGANISATIONAL STRUCTURE AND DECISION MAKING The Charity shall be run by an Executive Committee of Trustees. There shall be at least three Trustees with every future Trustee being appointed by a resolution of the Trustees passed at a special meeting. In selecting Truslees, the Trustees shall take into account the benefits of appointing a person who is able by virtue of hi5 or her personal or professional qualifications, to make a contribution to the pursuit of the objects or the management of the Charity. d. RELATED PARTY RELATIONSHIPS There are no related party transactions for the year ended 31 March 2023. e. RISK MANAGEMENT The Trustee have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks. The Charity has policies and procedures in place to evaluate and effectively control most risks to the Charity. Humraaz also seeks professional guidance in relation to certain risks including Health and Safety. Page 5 HUMRAAZ TRUSTEE'S REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 Plans for future periods a. FUTURE DEVELOPMENTS Humraaz strives to continue supporting women and their children who are victims of Domestic Abuse, forced marriage and honour based violence, whilst expanding networking and promotion of the services of Humraaz. We have built on the strategy work commenced in the last financial year to clarify our mission and vision statement which will be adopted in the forthcoming year. We have been mindful of language, including staff, service users, trustee and relevant sector input when considering and selecting temis. Humraaz continues to work with the emphasis on ensuring women are fully equipped with the skills necessary to live a fully independent and integrated life. Group work and counselling services are being developed further and new ideas are being considered. Humraaz continues to promote the virtues and benefits of a specialist Service. Funding as always remains a concern as housing benefits have been reduced and the Supporting People contract may possibly suffer further cuts in the future. Currently, Humraaz has sufficient reserves to mitigate any risks for the near future. However, Humraaz will strive to appropriate additional funding in the future. The support now gained from closer involvement with Imkaan a national capacity building organisation has made a big difference to Humraaz. Work has been done on governance and strategy with the Trustees. TRUSTEES. RESPONSIBILITIES STATEMENT The Trustee is responsible for preparing the Trustee's report 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 & Wales requires the Trustee 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 of the charity for that period. In preparing these financial statements, the Trustee is required to.. select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP., make judgments and accounting estimates that are reasonable and prudent- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustee is responsible for keeping proper accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable him to ensure that the financial statements comply with the Charities Ad 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. He is 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. This report was approved by the Trustees, on 2g,01. 25 and signed on their beha￿ by: Page 6 HUMRAAZ TRUSTEE'S REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 Trustee Trustee TRtsMTNIé MOHftfftmfv h-Nl LTTA MISFk2A Page 7 HUMRAAZ INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEE OF HUMRAAZ {the'charity') I report to the charity Trustee on my examination of the accounts of the charity for the year ended 31 March 2024. This report is made solely to the charty's Trustee, as a body, in accordance with Part 4 of the Charities {Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustee those matters l am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent pemiitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustee as a body, for my work or for this report. RESPONSIBILITIES AND BASIS OF REPORT As the Trustee of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the 2011 Act.). I report in respect of my examinalion of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENT Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of Ihe 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of Association of Accounting Technicians , which is one of the listed bodies. Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the e*(ant regulation5 but has been withdrawn. l understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or the accounts do not accord with those records; or 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 fairf view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in Connection wilh the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Page 8 HUMRAAZ INDEPENDENT EXAMINER'S REPORT (continuedl FOR THE YEAR ENDED 31 MARCH 2024 Signed= Dated.. 2E.O1. 2£ Courtney Wright BA FCCA CW Accountants Limited 45 Railway Road Blackburn Lancashire BBI 1EZ Page 9 HUMRAAZ STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Restricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Note INCOME FROM: Donations and legacies Other trading activities Investments 454,314 510 21,704 57,007 511,321 510 21,704 699,370 1,000 5,945 TOTAL INCOME 476,528 57,007 533,535 706,315 EXPENDITURE ON: Charitable activities 310,506 65,806 376,312 365,324 TOTAL EXPENDITURE 310,506 65,806 376,312 365, 324 NET INCOME I {EXPENDITURE) BEFORE TRANSFERS Transfers be￿een Funds 166,022 (16,001) (8,799) 16,001 157,223 340,991 14 NET INCOME BEFORE OTHER RECOGNISED GAINS AND LOSSES 1 $0,021 7,202 157,223 340,991 NET MOVEMENT IN FUNDS 150,021 7,202 157,223 340,991 RECONCILIATION OF FUNDS: Total funds brought forward 966,970 1,990 968,960 627,969 1,116,991 9,192 1,126,183 968, 960 TOTAL FUNDS CARRIED FORWARD The notes on pages 13 to 26 fom part ofthese financial statements. Page10 HUMRAAZ BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank and in hand 11 12,500 12,500 12 77,033 1,044,872 69. 713 890, 872 1,121,905 960, 585 CREDITORS: amounts falling due within one year 13 18,222) (4, 125) NET CURRENT ASSETS 1,113,683 956,460 NET ASSETS 1,126,183 968, 960 CHARITY FUNDS Restricted funds Unrestricted funds 14 9,192 1,116,991 1.990 966,970 14 TOTAL FUNDS 1,126,183 968,960 The financial statements were approved by the Trustee on 28, 01 , zg and signed on their behalf, by.. Trustee JASNINe Molkilth The notes on pages 13 to 26 form part of these financial statements. Trustee erN) i. AUDITORS, REMUNERATION The Independent Examiner's remuneration amounts to an Independent Examination fee of £ 150 (2023 - £ 150). Page 19 HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF CHARITABLE ACTIVITIES EXPENDITURE 2024 2023 Rates and room hire Heat, light and water Insurance Repairs and maintenance Telephone and IT costs Postage and Stationery Subscriptions Miscellaneous expenses Volunteer expenses Equipment Service user welfare expenses Staff and recruitment costs Wages and salaries National insurance Pension cost Advertising and publicity Cleaning cost 1,598 17,082 4,238 2,834 11,404 418 440 530 759 1,204 12,392 16.659 240,795 13,221 12,156 1,720 1,170 1,519 15,194 4, 139 2, 896 9,132 504 488 2,399 4,112 9, 828 11,179 231,387 12,470 10,803 1,346 739 338,620 318, 135 10. STAFF COSTS staff costs were as follows.. 2024 2023 Wages and salaries Social security costs Other pension costs 240,795 13,221 12,156 231,387 12,470 10,803 266,172 254, 660 The average number of persons employed by the charity during the year was as follows: 2024 No. 10 2023 No. Project workers Administration and financial 11 No employee received remuneration amounting to more than £60,000 in either year. Page 20 HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 11. TANGIBLE FIXED ASSETS Long-term Fixtures and Land fittings Computer equipment Total Cost At 1 April 2023 and 31 March 2024 12,500 38,923 16,388 67,811 Depreciation At 1 April 2023 and 31 March 2024 38,923 16,388 55,311 Net book value At 31 March 2024 12,500 12,500 At 31 March 2023 12,500 12,500 42. DEBTORS 2024 2023 Other debtors Prepayments and accrued income 58,952 18,081 57, 569 12, 144 77,033 69,713 13. CREDITORS: Amounts falling due within one year 2024 2023 other taxation and social security (see below) Other creditors Accruals and deferred income 3,087 1,412 3,723 4, 125 8.222 4, 125 Other taxation and Social security 2024 2023 PAYEINI control 3,087 Page 21 HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. STATEMENT OF FUNDS STATEMENT OF FUNDS- CURRENT YEAR Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure Designated funds Designated Fund - Building Designated Fund- Contingency 150,000 182,000 150,000 182,000 332,000 332,000 General funds General Funds- all funds 634,970 476,528 (310,5061 (16,001) 784,991 Total Unrestricted funds 966,970 476,528 {310,506) (16,001) 1,116,991 Restricted funds Idle Women Gain Ground Project PCC Sexual Violence L'oreal Be Me Project Idle Women Triodos CAF Awards forAII Zakat 5,250 40,000 5,250 {40,000) (434) (7,638) (7,5821 (8,459> 11,693) 434 7,638 18.419) 16,001 9,638 2,119 1,179 2,763 2,337 1.990 57,007 (65,806) 16,001 9,192 Total of funds 968,960 533,535 (376,3121 1,126,183 STATEMENT OF FUNDS- PRIOR YEAR Balance at 31 March 2023 Balance al 1 April 2020 Transfers in/out Income Expenditure Designated funds Designated Fund- Building Designated Fund - Contingency 150,000 182, 000 150,000 182, 000 General funds General Funds 278, 600 502,529 (146, 159) 634, 970 Totsl Unrestricted funds 610,600 502, 529 (146, 159) 966, 970 Page 22 HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. STATEMENT OF FUNDS (Continued) Restricted funds Rosa Women Thrive PCC Sexual Violence MHCLG CSP L'oreal Be Me Project Idle Women Triodos CAF Champa Champions Project Household Support Scheme Comic Relief Rosa- Women Thrive Rosa- COVED Zakat 16,678 40, 000 44, 620 8.185 10,000 44,167 29, 689 7,500 (16,678) (40, 000) (44, 620) (7, 751) (2,362) (46, 703) (29, 689) (7,500) (20.202) (166) (2, 884) {610) 434 7, 638 (8,419) (5,883) 20,202 166 2, 884 2,947 2,337 17,369 203, 786 (219, 165) 1,990 Total of funds 627, 969 706,315 (365,324) 968,960 SUMMARY OF FUNDS- CURRENT YEAR Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expendlture Designated funds General funds 332,000 634,970 332,000 784,991 476,528 (310,506) (16,001) 966,970 1,990 476,528 57,007 (310,506) (65,806) {16.001) 1.116,991 16,001 9,192 Restricted funds 968,960 533,535 1376,312) 1,126,183 Page 23 HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. STATEMENT OF FUNDS (Continued) SUMMARY OF FUNDS- PRIOR YEAR Balance at 31 March 2023 Balance at 1 April 2020 Income Expenditure Designated funds General funds 332,000 278, 600 332,000 634, 970 502, 529 (146, 159) 610,600 17,369 502,529 203, 786 (146, 159) (219, 165) 966,970 1,990 Restricted funds 627,969 706,315 (365,324) 968,960 15. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NET ASSETS BETWEEN FUNDS- CURRENT YEAR Unrestricted Restricted funds funds 2024 2024 Total funds 2024 Tangible fixed assets Current assets Creditors due within one year 12,500 1,112,713 {8,2221 12,500 1,121,905 (8,222) 9,192 1,116,991 9,192 1,126,183 ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR Unrostricted funds 2023 Restricted funds 2023 Total funds 2023 Tangible fixed assets Current assets Creditors due within one year 12,500 958. 595 (4, 125) 12,500 960, 585 (4, 125) 1, 990 966,970 1, 990 968,960 Page 24 HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net income for the year (as per Statement of Financial Activities) 1 $7,223 340, 991 Adjustment for: Increase in debtors Increasel{decrease) in creditors (7,320) 4,097 (59,938) (124, 127) Net cash provided by operating activlties 154,000 156,926 17. ANALYSIS OF CASH AND CASH EQUIVALENTS 2024 2023 Cash in hand 1.044,872 890, 872 Total 1,044,872 890,872 Page 25 HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 18. PENSION COMMITMENTS The charity makes monthly contributions into personal pension plans on behatf of the employees. There were £1,412 outstanding monies due at 31 March 2024 (£O- March 2023) included in creditors. 19. RELATED PARTY TRANSACTIONS There are no related party transadions for the year ended 31 March 2024 Page 26