CARAVAN OF MERCY Report and Financial Statements Year ended.. 31 March 2023 Chanly no.. 1115896 CARAVAN OF MERCY Contsnts Legal and administrative information Report of the Iruslees Report of the accountants Statement of financial activities Balance sheets Notes forming part of the financial statements CARAVAN OF MERCY Legal and administrative information Tru8teo8: Ebrahim I Patel Ichairnian) Moosa Patel Saiiad Ahmed Dhariwal- resigned 27 March 2022 Ahmed Ali Gulam Patel Cholrman: Ebrahim I Patel (Chairnian) Addro88'. 57 Smith Dorrien Road Leicester LES 48G Ind•pèndent Ac¢ountsnts: Ryalls HMB Ltd Chartered Certifiod Accountants And Stalulory Auditors 97 Evington Drive Leicester LE5 SPH 8ank•rn'. Nat￿8$1 Bank PLC 121a East Park Road Leicester LE5 4NY Al Rayan Bank 94a London Road Leicester LE2 OQA Addre88 for Correspondence and Donatlons: 57 Smith Dornen Road Leicester LE5 48G CARAVAN OF MERCY Report of the trustees for tha year ended 31 March 2023 The trustees present their report with the financial statements of the charity for the year ended 31 st March 2023. The trustees have adopted the provisions of Accounting and Reportin9 by Charities.. Stslemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard app￿Ica￿)le In the UK and Republic of Ireland IFRS 102118ffective 1 January 20151 The charity, Caravan of Mercy, is an unincorporated trust conslilulea under a consts'tulion adopted 15th March 2006 as amended 25th July 2006 and Is a chaflty registered with the Charity Commission under registration number 1115896. Obj•ctivo8 and •ctivltiws To provide clas5e5 and projects to advanc8 th8 general skills of people in farming, housing construction, health and other skills where a local need has been identified. To advance the education of pupils by providing and assisting in the provision of facilities required and servkes for education al the school. To ￿lIeVe financial hardship in particular but not exclusively ainongst victims ol natural and other kind of disaster for persons. bodies orgdnisalions aiid or couiilries affected, by donating money, food, Clothes and medical supplies %aiid by such other means as deemed appropriate by the trustees. 8tru¢tur•, governance and managom•nt Chanty law requires tha Iru51ee8 to prepare financial $tal8ments for each financial year, which give a true and fair view of the stale of affairs ol the charity and of the surplus or deficit of the charity for that period. In prepanng those financial stalemenls. the trustees have lo". Salect 8Llltable a¢￿unting policies and then apply them consistently Make judgements and eslimales that are reasonable and prudent Slate whether applicable accounting standards have been followed, subject lo any material departures disclosed and explained i ) LkE": '.1￿1)cial slalemenls. and Prepare the fi'nancial slalemenls on a going ￿011Le￿I I Review major risks and establish syslems or procedLlI"es lo manage those risks The trustees have overall responsibility of ensuring that the charity has appropriate system of controls, financial and otherwise. They are also re8pon5ible for keeping proper accounting records whiGh disclose with reasonable accuracy al any lime the financial position of the charity and enable them lo ensure that the financial slalemenls comply with the Charities Act 1993. The Charity (Account5 & Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for saleguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and olhei Irregulanlies. Volunteers The Charity 15 grateful for the unstinting efforts of its volunteers who are Involved In service provision and fundraising. It has not been possible lo quaniili trie sleding efforts of our volunteers. CARAVAN OF MERCY Achievements and performance Indla Caravan of Mercy ¢onbnued lo provide aid in India, Wesl 8eng31 r&gion Ni Ilh food distributions whi¢h were carried out al numerous limes during the year Includiiig Rarna(Slian and Eid ul Adha helping over 60,000 people with their needs. During the winter period over 2.500 winter blankets were distributed lo the poor and needy. Assistance with r￿ardS to food, education, shelter and Glothing was provided for over 600 children in 2 boarding schools for the entire year and 1 water project was completed in areas of need where over 2,000 people benefitted from clean drinking water. We have a medical clinic where doctors and opticians come 34 times a week and administer free medication where needed We also had an eye camp where over 300 beneficiaries received free eye tests & glasses. 8angladé8h Caravan of Mercy has continued lo sponsor a number of day schools ana ooarding schoo18 in different regions of Bangladesh. These schools Cater IGI l'ie &oi,calioi)al needs of poor children and orphans. Other than education a nuinber of thèse children are provided with clothing, food and medical aid whenever requiiea 149 hand pumps were installed in different regions of Bangladesh where water wasn't easily accessible. In Ramadhan food hampers were given to over 12,500 families. During the winter period more than 1,500 blankets were distributed lo the poor and needy. Over 450 eye Cataract op8ralion5 were completed for the poor and needy. Cameroon Caravan of Mercy has contlnued to provide much needed rèlief to the poor and neady who have settled in the refugoe camps. In Ramadhan 750 food parcels were distributed lo families by Caravan of Mercy personnel Gambla Caravan of Mercy runs a number of day schools In The Gaiiii).a gcliools provKle vital education to over 1.000 students, a number of them being orphans and the majority coming from very poor backgrounds. During the year over 2 000 families benefitled from the Ramadhan food distribution. During the annual pilgrima9e the meal of animals was distributed amongst the poor and needy benefi'tting over 600 families. In addition, 2,000 widows and orphans continued lo receive regular clothing supplies from our warehouse in Faralo. One water pump was replaced and fixed this benefitted over 1500 people. Ghan• During the month of Ramadhan 450 families in different parts of Ghana benefitted from food hampers and over 3,500 water packs were distributed lo provide clean drinking water. Caravan of Mercy installed 4 boreholes and 1 hand pump where ovei 50u -dinilies benefit daily by getting clean drinking water. Turkey Car8van of Mercy continued relief projects to help displaced refugees During the rnonth of Ramadh8n 1000 food parcels were distnbuled lo Syrian & Uighur refugees. Qurbani meat was distributed during the annual pilgrimage that benefited hundreds of families. During the winter season Syrian & Uighur refugees were given over 2,200 CARAVAN OF MERCY blankets and ov8r 8000 milk powder tins were distributed lo mothers who were in need. Caravan of Mercy also assisted with the earthquake disa¢lpr hii rii2 CARAVAN OF MERCY Caravan of Mercy Balance 8heet as at 31 March 2023 2023 2022 Notes Flxod awots Tangible assets 1.028 191 1,028 191 Curr•nt Debtors 12 19651 23,CKJ9 Cgsh al bank and in hand 13 545 857 422.609 565.508 446,818 Cr•dltor& amounts falllng due wlthln on• ￿ar 14 5,969 4,181 Net current a•Jfrts 559,539 441,437 Creditors.. amounts l¥lllng duè after mor8 than ono y&ar 560,$67 441,628 Fund&. Unre•trlctsd fund8 15 223,356 184,882 R•*trlet•d fvnd• 15 337,211 256.766 Total funds 560,567 441,628 The financial statements on pagès 6 10 7 were appro*d by the Iiuslees on 26 January 2024 and $Sgned on t1￿1r behalf by.. Ebrahim I Patel CARAVAN OF MERCY Notes fomiing part of thè financial statements for the year ended 31 March 2023 Accounting polici08 181 Basig of pr•paratlon Thè financial statèments have been prepared under the historie81 c05t ¢onvention, with the exception of investments which are included 8t market value. The financial slatam8nls have been prèpared in aceordance with the Ststernenl of Recommended Practice ISORPI, "Accounting and Reporting by Charities. published in 2005 and applicable UK Accwnling Standards and the Charitwts Act 1993. Ibl Fund accountlng Gener81 fund8 are unrèstricted funds which are 8vail¥ble for usa al Ihè discretion of thè tru81ee8 in fvrtherancA of th$ general oblaclves of Ihe chartty and which hav• not been designated for other purpose8. R8$lrl¢ted fund8 IS8dq8h I Z8kaatl are funds which arg 10 l)P. rieaA in >.Bcoi dance with speeifi¢ rtt81rictions imposed by donors or which have been raised by the charily for p,-.rticiilil1 purposes. The cost ol raising and administering such funds are charged against the spacifit fund where permissible. otherwise from the unreslricled fund. Tho aim and uso of each restricted luiid Is sel out In tha noles to the finanaal slal?rnent8, Inveslmenl income, su¢h as depo8lt Intarast, and 98in8 are alIc￿￿10d lo Ihtr 8ppropriat8 lund. {cl Incomlng re•ourc•• All Incoming r880ur¢e5 8r8 included In the SOFA wh¥n the charity islogally gnli11od to the income 8nd th¥ amount can bo quanufled wlth roa80nable accuracy. Gifts in kind don8led for distribution are included al valuatK>n and recognised as incorng when they are d181ribuled to th8 proJgc¢8 Gifts l ilerns donated by businesses & coinrnunilies for dislribulion lo the poor & needy arg only included 8$ in¢orne where a reliable valiifl'l;;11 I,, JIL Otherwise only the ¢0818 as8ociat8d with the transportation and distribution of Ihesp Ilpiiis ark sliL%lll 11) 11)e linanclal slaltrments. No amounts are included in Iht financial statements foi seivicLb doiiaied by voluiileers. Idl R••ourco• •xpend•d All expendlture Is accounted for on an accruals basis and has been classified undèr headings that aggrtrgale all co8t8 ral8led to the category. Where costs cannot be directly attrfbuled lo particular haading8 Ihoy have be&n 811¢¢8led to ath'vilies on o ba818 consistent with use ol the resources. Fund-rai8ing ¢¢816 are those In￿r￿d in 8eeking voluntary conlributions and do not include the costs ol di888min8ting infomation in support ol the charitable 8¢tivi1Its5. Support costs are those ¢os15 Incurred directly In support of expendilure on the objects of the charty and Include project man89&menl carried out al Headquarters. Management and 8dministralion costs are those incurred In conneclbn with 8(Jminlslr81ion of Ihe chanty and compliance wrth constitutional and statutory réquirements. lel Tanglblè flx•d a•••ts and d•prgciation Tangible fixed a38ets costin9 more than £500 are capitalised and included al cost including any incidental expenses of a¢qui811ion. Depredation 1$ provided on all tangibl& frAed a55ets al rates calculated to write off the cost on a straight line basis oveT their expected usefvl economie lives as follows". Irnprov6mant lo leasehold bullding Fixture & ffittings Office equipment over 4 years over 4 years over 4 years CARAVAN OF MERCY Notes to the financlal ststements for the year ended 31 March 2022 {continu8dl Ifl Foreign curr•neie• Transactions in foreign ¢urrencie8 are recorded at the rale ruling al the date ol the transaclbon. Monetary as$$ls and liakn'lities are rètranslated at Ihe rate of exchange ruling at the balance Sheet date. All diffèrence6 are taken to tha SOFA. Ig) Taxatlon The charity is &xempl for Taxat￿￿ purposes and is nol registerèd for VAT. Howèvgr, th8 charty 58 811owed to redaim tax on donations received under Gift Aid sclieine CARAVAN OF MERCY ¢ardv4n of Mèrcy Ntstes to the Flnanclol Statsmnts for the ￿•r ended 31 Ma￿h 2023 Icontinuedl Voltsntsry InGorne Unr?￿ted R•8trl¢t•d Fund¥ Fund$ Totsl 2023 Ytarended 31 Msr 2022 91.710 79).L 891.699 899.122 91.770 891,59> 899.122 In¥&•kn•nt In¢om• Llnr•*rlcled Fundi Y•ar•Dd•d 31 Mer2022 Funds 2023 5925 3.719 5,925 ¢o*•ol q•n•rnUng volunthry lthcom• Unr•*lGt•d Fundi R•¥trl¢t•d Funds y•1r•￿d*d $1 2021 2)23 FundF*8lno cc418- Ath•rtl8ir 2,010 SS.321 2,590 SO.125 55.321 67,J31 D•tslliof ¢h•rft•bl• AcUwltl•i UnM*rict•d R•5tricl• Fundl Yoar •rthd 31 Mar 202Z 202J Food dis1d￿tIOn Ir¢ •nim818xrific• HOMD ￿1￿￿1￿9 CwBtruCik￿ C￿1$ RdvJiou8 6cMd8' coet Qumn distribut￿n 0￿h￿￿ spoTh3orsh Fresh water I swr proJKI• Int8m•lional 8dmln ¢0818 Sdl suJl•inirfj ISSPI MedK¥ aid ernwga￿Y reller 273 167 116404 27 824 273 167 116494 27 824 ,993 161.169 49.077 86.057 33.723 31963 1.100 113.267 33.789 68.057 33.723 31963 1.100 113267 33.789 24,568 61.701 .307 14,184 21.035 63,788 719.384 719.384 832 822 Unr•#rftt•d Fund• Rgytrlclod Fuild$ Y•ar•nd•d 31 Mar 2022 2023 Garn￿0 41.073 122.865 180 777 21.100 60.mo 89.783 I￿,022 14).( 35,(h)O 2$ 16. 10 375 335( 32frf 28 707 42 160 175 275 122.865 160 777 21 100 60.wo Ir￿1? Ghang Kwy• PglesllnD Uigh￿8 Rtfij Yemen Cameroon B8nolad6sh (Flthtyyal Turkey boria Pakist 6.￿0 10.wo 20.￿0 10 I￿0 104 319 130.690 32 600 10.ODD 10.(KX) 104,319 130,65D 32.600 719 384 719.384 832.822 10 CARAVAN OF MERCY Notog to th• Flnanclal Statsttwnts for the yoar •nded 31 Morch 2023 Icontlnuedl QovgrnaTrc• coAt8 UnTr•trl¢t•d Funtl6 Rfrqtrletsd Funds Total 2023 Y•4rond•d 31 ￿￿202? Audltor¥ remuTher&b"on $18ithtyy xcounl3 Lega & pth8lW 1,870 1,870 1,870 1,070 LtyBI & pr0tss8KJn￿ costi rf•te lo ILegal and pas Vi. aJii. adn1Th8llÈtl￿. the accountaMÈ taken ad*nl898 of trxemption.i ES OASE 8upport Co* Uttre*rl¢t•¥ Fund• R•*rlet•d Funds Total 2023 Y•ar•md•d 31 btsr2021 Staff cwti Offlca ¢Mt• Bank and cr•dil chBrg88 26. 178 24 291 4.e67 26.178 24,291 4.687 25.015 21.364 3.602 D¢Miitl￿ & dl8p)8al offixad ¥¥Mt 185 55,321 80.125 8taff numb•M Total Y•ar •nd•d 31 Mar 2022 2023 A¢U¥IU•I Fundr48ino & mith*ti ¢>v•iwa¥ A¢tlvltl•• 8t•ff co*• Tot#1 2023 Y••r •nd•d 31 Mar 2Q22 26.015 Sc¢l81 c￿1$ 43 26.178 Ouii¥ thè yair. hlohly ￿1￿ tmpkty¢e• *￿￿0yerS pansion conlnbthion3 w¥e pgid CARAVAN OF MERCY Notes to tho Flnancial Statenwnts for th• yyar endgd 31 March 2023 Icontlnuedl 10 Tru*90¥ 8XPon*band refflUn•rnUr￿ and Y•l4tod party tran￿¢￿on$ Trusté¥& are nDt ramun0r0￿J. can pt PSKI axpero¢s Stier￿ing meeiinos and d￿leS directly laiod lo I￿r dulxis 8$ trustee Ouring year. the chanty paid iro￿1 cctsi$ 10 Syria Gamb18. Ghana and Ir￿ mrAJnting 10 £14,940 A11 otr*r sermces were promded ￿lun￿AlY by Ttustees IncluditwJ chaniolle athI41fd&. The cc618 h&* not bè8n q￿rtIfied FIXKI ASSETS Oftlc& Equlpment YOTAL 7W 1,022 700 1.022 Additi￿5 1,722 1.722 D•preclitlo Blfv 509 185 185 Elimin•W tr) thsposal 694 t Book V•lu• 31 March 2023 1.026 1.028 31 March 2022 191 12 D•l)to 2022 T4x ￿0￿r￿j7• Prervmoniy & KcDJ8d Incom• 8,3 11 295 23,009 19,6SI 13 Cb*h it eink and In h•ntl 2023 2022 Cw8h and trAnk t4lartt8 545 857 422.809 S45.857 422,609 12 CARAVAN OF MERCY Notes to the Flnanclal Statsn*nts forth8 year endod 31 March 2023 leontinu8dl 14 Cr•ditor& arnountsl•lllng du• wlthln one year 2023 2022 Wage$ & p8yWTh Olh*# Acrua15 & acC￿l8￿Y 2636 583 75Q 2,581 4,181 16 8tat•m•nt offundB In¢omlng R•wurco$ Tr￿n￿Ort At 31 March R••oure•i Exp•nd•d 2023 2022 Unre•trfct•d Ivnd•.' R05•Tres 184.882 97,695 159,2011 223.3 Totsi ufir•*trlctod lund• 184,882 97,695 139 2011 223,316 R•*l¢t•d lund* 256.7e6 799.829 1719 3841 7.211 Totri r•￿ithd 258,7e8 799,829 1719,3841 337,211 Totsl lund• 441.828 8gT.524 1774,Je¥i eeo,567 The re88rn• r￿a￿ni8 fréo •Jnd• dthD charity wN¢h are not ¢Jo8ion&ted trjr pgrtlcular PLW¥.