Charity number: 110931S HUMRAAZ UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
HUMRAAZ CONTENTS Page Reference and administrative details of the charity, its trustees and advisers Trustees, report Independent examiner's report Statement of financial activities 10 Balance sheet 11 Statement of cash flows 12 Notes to the financial statements 13-25
HUMRAAZ REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees Jasmine Mohammed Ankita Mishra Mustary Parkor Samina Hussain Shakeela Yaqub Charity registered number 1109315 Principal office PO Box 427, Lancashire, BB15BN Accountants CWAccountants Limited, Boulevard Centre, 45 Railway Road, Blackburn, Lancashire, BB11EZ Bankers CAF Bank Ltd. 25 Kings Hill Avenue, Kings Hill, West Malling, Kent. ME19 4JQ Page 1
HUMRAAZ TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report together with the financial statements of Humraaz (the Charity) for the year ended 31 March 2025. 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} (effective 1 January 2019). Humraaz is a specialist by and for. SeiCe promoting the importan¢e and virtues of specialist support for Black & Minoritised Ethnic (BME) women. Humraaz primarily receives high volumes of referrals from women and families who are unable to access public funds, have insecure immigration status and seeking refuge. Additionally, the importance of support for women in the community and their involvement in shaping the service. We also strive to evolve as a charity by encouraging women in the community to get involved in initiatives. Objectives and Activities a. POLICIES AND OBJECTIVES The objectives of the Charity are primarily but not exclusively to assist in the relief of women and their children from BME 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 fil with the object of improving their conditions of life. b. ACTIVITIES FOR ACHIEVING OBJECTIVES Throughout 2024125 Humraaz continued to offer qLSality seNices and trauma informed intervention to vulnerable women and their children which were personalised to their individual requirements. Many of these women do not speak English and our team of bilingual project workers and support staff provide one-to-one support daily. Most of Ihe women we support have No Recourse to Public Funds (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 place to belong by means of workshops, social groups and learning activities. Trained staff are available to ensure service delivery is met. Partnership working Local Statutory Agencies Services Northern Consortium-continuation of network and sharing expertise. Imkaan- policy review, membership participation, networking, and training. Women's Aid- support, standards, policy, impact, and guidance. Idle Women - collaborative working with staff and outreach clients. Community Organisations in locality- networking at events. Humraaz engaged in promoting and advocating for itself at community events held at local venues focused on Health, Family, and well-being. Ongoing network and sharing with RESIST led by BME group of the Violence Against Women & Girls {VAWG} sector. prominent presen with Police, Social SeNices, local Council Emergency 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, Ihis is a much-improved system than the shared seNer previously used. IT seNice provision was reviewed and resourced to Convene IT. Staffing Page 2
HUMRAAZ TRUSTEES, REPORT Icontinued) FOR THE YEAR ENDED 31 MARCH 2025 The CEO continued to work on raising the profile of the service, meeting commissioners, partners, and stakeholders. Regular six weekly board meetings address operational and strategic actions. Staff changes in this financial year meant that the service had to consider replacement resources for Support Worker, Project Worker, Sexual Violence Advocate, {SVA} Independent Domestic Violence Advocate (IDVA), and Refuge Manager. Recruitment of IDVA commenced at the end of the financial year with a view to employing IDVA imminently. Current staff secured the role of Assistant Project Worker at refuge and the Refuge Manager responsibilities were absorbed by the CEO. All staff embarked on team building and skill development with Stimulus Limited. Volunteers for community activities and learning workshops have been supported. Premises and facilities 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. Securing the rental property for a large single location refuge was accomplished. The measured transition to the new accommodation for refuge was a priority transiÈioning women and their families to settle in with limited disruption. 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 services for the community were resumed with health and safety protocols in place. We continued to offer educational and personal development sessions for our service users from the refuge. c. MAIN ACTIVITIES UNDERTAKEN TO FURTHER THE CHARITY'S PURPOSES FOR PUBLIC BENEFIT The Trustees confirm 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 Charity's work during the year and how it has been carried out for Ihe 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 Charty should undertake. The Trustees are all volunteers who have continded to serve the charity, especially by contributing their professional advice when required. Meetings take place every six weeks during the year. A core of 5 Trustees remain committed to the seNice. All trustees have an induction pack and priority is given to attending events whenever possible. A5 most of our trustees are women with other commitments, we operate a hybrid trustee model. This ensures that each trustee has a specialist skill that they bring to the board to support the Charity and managing capacity and concentrating on individual contribution. We also have trustees who are not local to the area, however are committed to the purpose of the Charity and virtually attend meetings wÈth the aim of visiting in person annually. Thank you to donors, funders, supporters and the commitment and resilience of all staff. Achievements and perfomiance a. REVIEW OF ACTIVITIES Achievements and performance Still l Rise Residential supported in its final occurrence., Humraaz received Cyber Essentials & Cyber Essentials Plus Certification., CEO attended the Women's Aid 50th anniversary and met the Queen., CEO recognition speech at One Voice Winners Event., Celebrate IWD with community and refuge-, Recognise national VAWG related activities-, Held an end of Year Staff & Trustee celebratory meal., Added an accountant to the board oftrustees., Page 3
HUMRAAZ TRUSTEES. REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2025 The Health and Safety of residents and staff remained paramount. Procedures and policies were reviewed and adhered lo in line with legal guidance and Staff have received training and met regLtlarly to ensure high standards were adhered to. Community Work In addition to working with survivors of domestic violence as outlined above, there were several activities carried out as part of our community work at Unity House including the following.. Workshop wilh Artists Herbal Medicine Create a Self-care Kit Pass rt to Housin Make U Worksho BWD Health Session Self Esteem Rebalancin Relationshi Queen B Me Volunteer Trainin Em loyabilit Skills Lancs Police 'Prevent' Talk Set U a Business Session Environmental Health SV Awareness & Prevention Self Defeice Mem self & Chai Food & Fitness Pilates Coffee Mornings Assessment Chair Cardio Conversational En lish Just Did It Creative Art Thera Events, Presentations & Training Humraaz supported Lancashire Fire & Rescue Ramadan Campaign IOPC Training- supporting service users with Police Complaints System Specialist Advocacy Training with RESIST network Preston UCLAN Mental Health Event Humraaz hosled an Open Day to the communty & seNice Alliance of Hope donation & promotion of service Other WFth regards to ProDIGY, our third strand offering peer support for professional Black & Minorty Ethnic backgrounds, the group was closed due to limited resources and review of its direction and its original purpose it was set to setve. Staff team was also provided the opportunity to upskilv refresh through well-being activities, participation in residenlials, and in-house training. External Funding Dueto the Charity reserves. funding application optionswere limited. Funding by IASME secured to support Cyber Safety Accreditation.. Funding of £7.5k secured for Oak Foundation with Risk Project for Risk Assessment Mechanisms Impact project, Women's Aid Emergency Advocacy Fund totalling £13.6k secured as restricted fund for vulnerable women., PCC ISVA & Immigration Advocatefunding ongoing and CSP Refuge funding ongoing. Opportunities Reviewing option to launch a CIC to benefit all women in the community enlightenment. Trustee with Finance skills joined the team mental and physical Financial review Page 4
HUMRAAZ TRUSTEES. REPORT (continued FOR THE YEAR ENDED 31 MARCH 2025 . GOING CONCERN After making appropriate enquiries, the trustees have a reasonable expectation that the charity 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 concem basis can be found in the Accounting Policies. b. RESERVES POLICY The Trustees aim to accumulate reserves of between 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 £1,228,536 of which £1,218,241 were unrestricted funds (£332,000 of the unrestricted funds has been designated for two 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 £10,295 represented restricted funds. ¢. SURPLUSIDEFICIT The Charity's financial results for the year amounted to a surplus of£102,353 {2024- £157,223). d. PRINCIPAL FUNDING Principal funding for the charity is provided by Blackbum with Darwen Borough Council for housing benefits and Community Safety Partnership for refuge. Structure, governance and management a. 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 Trustees who are elected and co-opted 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 Trustees, the Trustees shall take into account the benefits of appointing a person who is able by virtue of his 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 2025. e. RISK MANAGEMENT Page 5
HUMRAAZ TRUSTEES. REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees 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. Plans for future periods a. FUTURE DEVELOPMENTS Humraaz strives to continue supporting women and their children who are vctImS of Domestic Abuse. forced marriage and honour based violence, whilst expanding networking and promotion of the seNices 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 bn mindful of language, including staff, service users, truslee and relevant sector input when considering and selecting terms. 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 STATEMETr4T The Trustees are responsible for preparing the Trustees, report and the financial statements in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice}. The law applicable to Charities in England & Wales requires the Trustees lo 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 Trustees are required to.. select suitable accounting policies and then apply them consistently., observethe methods and principles in the Charities SORP, makejudgments and accounting estimates that are reasonable and prudent., prepare the financial statements on the going concern basis unless rt is inappropriate to presume that the charity wi15 continue in operation. The Trustees are 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 them lo 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 tsking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approved by the Truslees, on and signed on their behalf by.. Page 6
HUMRAAZ TRUSTEES. REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2025 Trustee rdVSf4RY PARKIR Trustee NIOFI AMI4CD Page 7
HUMRAAZ INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HUMRAAZ Ithe'charity.) I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2025. This report is made solely to the charity's Trustees, 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 Trustees those matters l am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report. RESPONSIBILITIES AND BASIS OF REPORT As the Trustees 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 examination of the charty'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){bl 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 the 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 charty 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 IFRS 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 extant regulations 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 A¢¢epted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I can confim 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 ofthe charity as required by section 130 ofthe 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 fair, 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 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. Page 8
HUMRAAZ INDEPENDENT EXAMINER'S REPORT (continued FOR THE YEAR ENDED 31 MARCH 2025 Signed: Cwfi Dated: 2210112026 Courtney Wright BA FCCA CW Accountants Limited 45 Railway Road Blackburn Lancashire BB1 1EZ Page 9
HUMRAAZ STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Note INCOME FROM: Donations and legacies Other trading activities Investments 388,303 1.040 27,945 74,002 462,305 1.040 27,945 511.321 510 21,704 TOTAL INCOME 417,288 74,002 491,290 533,53 EXPENDITURE ON: Charitable activities 316,038 72,899 388,937 376,31A TOTAL EXPENDITURE 316,038 72,899 388,937 376,312 NET INCOME BEFORE OTHER RECOGNISED GAINS AND LOSSES NET MOVEMENT IN FUNDS 101,250 101,250 1.103 1.103 102.353 102,353 157,22J 157,22i RECONCILIATION OF FUNDS: Total funds brought fotward 1,116,991 9,192 1,126,183 968,96G TOTAL FUNDS CARRIED FORWARD 1,218,241 10,295 1,228,536 1, 126, 183 The notes on pages 13 to 25 form part of these financial statemenls. Page10
HUMRAAZ BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank and in hand 42,825 12,500 12 118,897 1,074,928 77,033 1.044.872 1,193,825 1, 121,905 CREDITORS: amounts falling duewithin one year 13 (8,1141 (8,222) NETCURRENT ASSETS 1,185,711 1, 113,683 NET ASSETS 1,228.536 1, 126, 183 CHARITY FUNDS Restricted funds Unrestricted funds 14 10,295 1,218,241 9, 192 1,116.997 14 TOTAL FUNDS 1,228,536 1, 126, 183 The financial statements were approved by the Trustees on and signed on their behalf, by. Trustee M USTAly PA Trustee JASfrA1g The notes on pages 13 to 25 fom part of these financial statements. Page 11
HUMRAAZ STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Note Cash flows from operating activities Net cash provided by operating activities 16 70,710 154.000 Cash flows from investing activities: Purchase of tangible fixed assets {40,654) Net cash used in investing activities 140,654) Change in cash and cash equivalents in the year Cash and cash equivalents brought fOard 30,056 1,044,872 154,000 890, 872 Cash and cash equivalents Carried forward 17 1,074,928 1, 044,872 The notes on pages 13 to 25 form part of these financial statements. Page 12
HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES 1.1 Basis of preparation of financial statements The financial statements have been prepared to give a 'true and fair, view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fail view. This departure has involved following the Charities SORP IFRS 102} published on 16 July 2014 rather than the Accounting and Reporting by Charities. Statement of Recommended Practice effective from 1 April 2005 which has since been wtthdrawn. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otheiSe stated in Ihe relevant notes to these accounts. The financial statements 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 Slandard applicable in the UK and Republic of Ireland IFRS 102) issued on 16 July 2014 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102} and Charities Acl 2011. HUMRAAZ constitutes a public benefit entity as defined by FRS 102. Page13
HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (continued) 1.2 Income All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. For legacies, entitlement is taken as the earlier of the date on which either.. the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notrfied of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material. Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the charity where this can be quantified and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers. Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the Trustees, report for more information about their contribution. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain seNices or facilities of equivalent economic benefit on the open market., a corresponding amount is then recognised in expenditure in the period of receipt. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. Page 14
HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (continued 1.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable lo a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocaled on the portion of the asset's use. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements. Charitable activities and Governance costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities. Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to Conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure. 1.4 Tangible fixed assets and depreciation All assets costing more than £1,000 are capitalised. A review for impairment of a fixed asset is carried out if events or Changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the Statement of financial activities. Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases.. Long-term land Fixtures and fittings Computer equipment None SL over 4 years SL over 3 years 1.5 Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity., this is nomially upon notification of the interest paid or payable by the Bank. 1.6 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Page 15
HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (continued 1.7 Cash at Bank and in hand Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 1.8 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, il is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it wi15 pay to settle the debt or the amount it has received as advanced payments for the goods or seNices it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges. 1.9 Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 1.10 Pensions The charily makes monthly contributions into personal pension plans on behalf of the employees. Any outstanding monies due at 31 March 2025 are included in creditors. 1.11 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charrty and which have not been designated for olher purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Page 16
HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 INCOME FROM CHARITABLE ACTIVITIES Income from charitable activities 2025 2024 Grants for charitable activities Housing benefrt BWD BC Community Safety Partnership Service user income DLUHC funding NRPF charges 81,128 164,249 39,500 7,399 136,000 34,029 60, 534 229, 189 39,500 9, 709 137,088 35,301 Total 462,305 511,321 Grantsl donations for charitiable activities 2025 2024 PCC Sexual Violence Womens Aid Federation Prodigy- Awards for All Idle Women- Gain Ground Project WAFE Angelou Centre Donations Zakat Reimbursed charges 40,000 13,600 40, 000 9, 638 5, 250 1,500 16,066 7,500 1,718 2,244 662 2,179 1,365 Total 81,128 60,534 EVENT INCOME Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Community fundraisingl event income 1,040 1,040 510 Total 2024 510 510 Page 17
HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 INVESTMENT INCOME Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Investment income 27,945 27,945 21,704 Total 2024 21, 704 21, 704 GOVERNANCE COSTS Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Governance Internal audit costs Legal and professional Renv room hire Bank charges 4&) 5,462 31,696 84 10,159 68,997 10,159 68,997 79,670 79,670 37, 692 ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE Staff costs Depreciation Other costs 2025 2025 2025 Totsl 2025 Total 2024 Charitable expenditure Expenditure on governan 206,441 10,329 92,497 79,670 309,267 79,670 338, 620 37.692 206,441 10.329 172,167 388,937 376,312 Total 2024 266, 172 110,740 376,312 Page 18
HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NET INCOMEIIEXPENDITURE) This is stated after charging.. 2025 2024 Depreciation of tangible fixed assets- owned by the charity 10.329 During the year, no Trustees received any remuneration (2024 - £NIL). During the year, no Trustees received any benefits in kind {2024- £NILI. During the year, no Trustees received any reimbursement of expenses12024 - £NIL). AUDITORS, REMUNERATION The Independent Examiner'5 remuneration amounts to an Independent Examination fee of £ 15012024 - £ 1501. Page 19
HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ANALYSIS OF CHARITABLE ACTIVITIES EXPENDITURE 2025 2024 Rates and room hire Heat, light and water Insurance Repairs and maintenance Telephone and IT costs Postage and Stationery Subscriptions Miscellaneous expenses Volunteer expenses 4,431 19,151 6.335 11.923 16,166 428 1,598 17,082 4, 238 2, 834 11.404 418 440 530 759 1,291 1,014 F 11 Equipment Service user welfare expenses Staff and recruitment costs Wages and salaries National insurance Pension cost Advertising and publicity Cleaning cost Depreciation 15,010 8,983 4,859 188,030 8,806 9,605 634 1,833 10,329 1,204 12,392 16, 659 240, 795 13,221 12, 156 1, 720 1,170 309,267 338, 620 10. STAFF COSTS Staff costs were as follows: 2025 2024 Wages and salaries Social security costs Other pension costs 188,030 8,806 9,605 240, 795 13,221 12, 156 206,441 266, 172 The average number of persons employed by the charrty during the year was as follows.. 2025 2024 No. Project workers Administration and financial 10 10 No employee received remuneration amounting to more than £60,000 in eitheryear. Page 20
HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11. TANGIBLE FIXED ASSETS Long-term Fixtures and Land fittings Computer equipment Total Cost At 1 April 2024 Additions 12,500 38,923 38,662 16,388 1,992 67,811 40,654 Al 31 March 2025 12,500 77,585 18,380 108,465 Depreciation At 1 April 2024 Charge for the year 38,923 9,665 16,388 664 55,311 10,329 At 31 March 2025 48,588 17.052 65,640 Net book value At 31 March 2025 12,500 28,997 1,328 42,825 At 31 March 2024 12,500 12,500 12. DEBTORS 2025 2024 Other debtors Prepayments and accrued income 10,380 108,517 58, 952 18.081 118,897 77,033 13. CREDITORS: Amounts falling due within one year 2025 2024 Other taxation and social security (see below} Other creditors Accruals and deferred income 3,087 1,412 3, 723 975 7,139 8,114 8, 222 Other taxation and social security 2025 2024 PAYEINI control 3,087 Page 21
HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14. STATEMENT OF FUNDS STATEMENTOF FUNDS- CURRENTYEAR Balance at 31 March 2025 Balance at 1 April 2024 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 784,991 417.288 (316,038) 886,241 Total Unrestricted funds 1,116,991 417,288 1316,038) 1,218,241 Restricted funds PCC Sexual Violence Womens Aid Federation of England Idle Women Gain Ground Project Angelou Centre Comic Relief Zakal 40,000 13,600 10.658 7,500 (40,000 (13.600) (10,5001 {7,500) 11,179) (120) 5,250 5.408 1.179 2,763 2,244 4,887 9,192 74,002 172,899) 10,295 Total of funds 1,126.183 491,290 1388,937} 1,228,536 STATEMENT OF FUNDS- PRIOR YEAR Balance at 31 March 2024 Balance ai 1 April 202C Transfers in/out Income Expenditure Designated funds Designated Fund- Building Designated Fund - Contingen 150,000 182,000 150,OIX) 182,000 General funds General Funds 634.970 476,528 (310, 506) (16,001) 784, 991 Total Unrestricted funds 966,970 476,528 (310,506) (16,001) l. I t6,991 Page 22
HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14. STATEMENT OF FUNDS (continued) Restricted funds PCC Sexual Violence Awards for All L'oreal Be Me Project Idle Women Gain Ground Project Idle Women Triodos CAF Zakat 40, 000 9,638 (40,000) (8,459) {434) 1,179 434 5,250 5,250 7, 638 (8,419) 2,337 (7, 638) (7,582) (1, 693) 16,007 2,119 2, 763 1, 990 57,007 (65, 806) 16,001 9, 192 Total of funds 968,960 533, 535 (376,312) 1, 126,183 SUMMARYOF FUNDS-CURRENT YEAR Balance at 31 March 2025 Balance at 1 April 2024 Income Expenditu Designated funds General funds 332,000 784,991 332,000 886,241 417,288 (316,038) 1.116,991 9,192 417,288 74,002 (316,038} 1,218,241 (72,899} 10.295 Restricted funds 1,126,183 491,290 (388,9371 1,228,536 SUMMARYOF FUNDS- PRIOR YEAR Balance at 31 March 2024 Balance at 1 April 2020 Transfe in/out Income Expenditure Designated funds General funds 332,000 634,97G 332,000 784, 991 476,525 (310,506) (16,001) 966,97G 1, 990 476,525 57.007 (310, 506) (65, 806) (16.001) 16.001 1, 116.991 9.192 Restricted funds 968, 96G (376,312) 1, 126, 18J Page 23
HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSISOF NET ASSETS BETWEEN FUNDS-CURRENTYEAR Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Tangible fixed assets Current assets Creditors due within one year 42,825 1,183,530 (8,114 42,825 1,193,825 {8,114 10,295 1,218,241 10,295 1.228,536 ANALYSIS OF NET ASSETS BETWEEN FUNDS- PRIOR YEAR Unrestricted funds 2024 ReStrte0 funds 2024 Total runds 2024 Tangible fixed assets Current assets Creditors due within one year 12,500 I, It2,713 (8,222) 12,500 1, 121,905 (8, 222) 9, 192 1,116,991 9, 192 1,126, 183 16. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net income forthe year (as per Statement of Financial Aclivities) 102,353 157,223 Adjustment for: Depreciation charges Increase in debtors {Decreasellincrease in creditors 10.329 (41,864) (108) (7, 320) 4,097 Net cash provided by operating activities 70,710 154.000 17. ANALYSIS OF CASH AND CASH EQUIVALENTS 2025 2024 Cash in hand 1,074,928 1,044, 872 Total 1,074,928 1,044,872 Page 24
HUMRAAZ NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 18. PENSION COMMITMENTS The charity makes monthly contributions into personal pension plans on behalf of the employees. There were £975 outstanding monies due at 31 March 20251£1,412 March 2024) included in creditors. 19. RELATED PARTY TRANSACTIONS There are no related party transactions for the year ended 31 March 2025 Page 25