CARAVAN OF MERCY Report and Financial Statements Year ended: 31 March 2024 Charity no.. 1115896
Conténts Legal and administrats've information Report of the trustees Report of the accountants Statement of financial activiknes Balance sheets Notes forming part of the financial statements
Legal and administrative information Trustees: Ebrahim I Patel (Chainnan) Moosa Patel Ahined Ali Gulam Patel Chairnian: Ebrahim I Patel (Chairnian) Address: 57 Smith Dorrien Road Leicester LE5 4BG Independent Accountants: Ryalls HMB Ltd Chartered Certified Accountants And Statutory Auditors 97 Evington Drive Leicester LE5 SPH Bankers: Natwest Bank PLC 121a East Park Road Leicester LE5 4NY Al Rayan Bank 94a London Road Leicester LE2 OQA Address for Correspondencè and Donations: 57 Smith Dorrien Road Leicester LE5 4BG
Report of the trustees for the year ended 31 March 2024 The trustees present their report with the financial statements of the chanty for the year ended 31st March 2024. The trustees have adopted the provisions of Accountin9 and Reporting by Charities. Statement of Recommended Practice applicable ta c."ari:ies p,'epariii- their accounts in accordance with the Financial Reporting StandarJ L70picarale In Ine UK ap.d Republic of Ireland (FRS 102) (effective 1 January 2015} The charity, Caravan of Mercy, is an unincorporated trust, constituted under a constitution adopted 15th March 2006 as amended 25th July 2006 and is a charity registered with the Charity Commission under registration number 1115896. Objectlves and activities To provide classes and projects to advance the 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 assistino In the provision of facilities required and services for education at the school. To relieve financial hardship in particular but not exclusively amongst victlTns of natural and other kind of disaster for persons, bodies organisations aD.d or countries affected, by donating money, food, clothes and medical supplies and by such other means as deemed appropriate by the trustees. Structure, governance and management Charity law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the situatson of the charity and of the surplus or deficit of the charity for that period. In prepanng those financial statements, the trustees must. Select suitable accounting policies and then applh tnem ccnsisientiy Make judgements and estimates that are reasap.2:. State whether applicable accounting standards have oeerr followed, subject to any material departures disclosed and explained In the fina,nCial statements. and Prepare the financial statements on a going concern basis Review major risks and establish systems or procedures to manage those risks The trustees have overall responsibility of ensuring that the charity has appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993. The Charity (Accounts & 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. Volunteers The charity is grateful for the unstinting efforts of its volunteers who are involved In service provision and fundraising. It has not been possible to quantsty the sterling efforts of our volunteers.
Achievements and perforniance India Caravan of Mercy continued to provide aid in India, West Bengal region with food distributions which were carried out at numerous times during the year including Ramadhan and Eid ul Adha helping over 60.000 people with their needs over 150 animals being sacrificed. During the winter period over 1,500 winter blankets were distributed to the poor and needy. Assistance with regards to food, education, shelter and clothing 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 oiler Ir,ri beneficiaries received free eye tests & glasses. 60 Sewing machines, 32 Rickshaws, 25 Goats, 20 Cows, 2 Wnee;-i-,ai', s a.; -i business startups were provided to help the widows and needy families to earn a livelihood Bangladesh Caravan of Mercy has conb'nued to sponsor several day schools and boarding schools in different regions of Bangladesh. These schools cater ft)r the educational needs of poor children and orphans. Other than education a number of these children are provided with clothing, food and medical aid whenever required. 70+ hand pumps were installed in different regions of Bangladesh where water wasn't easily accessible. In Ramadhan food hampers were given to over 10,000 families. During the winter period more than 1,500 blankets were distributed to the poor and needy Over 600 eye Cataract operations were completed for the poor ar)d uee-y During Annual Qurbani period 7 Animals were sacrificed to benefit tk,= meat to eat regularly. Caravan of mercy distributed 60 Sewing ma-nines 30 Rickshaws, 45 goats to help the Widows and poor to help thobe r.av¥ 2 id.ly Iiinome so they help their families. Bangladesh continued to host refugees from neighbouring Myanmar and a large relief effort was organised. Caravan of Mercy delivered much needed food, blankets and other supplies to spread the aid to people as more refugees arrived in Bangladesh. Gambia Caravan of Mercy runs a few day schools in The Gambia. These schools provide vital education to over 1,000 students, several of them being orphans and the majority coming from very poor backgrounds. During the year over 2,000 families benefitted from the Ramadhan f¢)od distn'buts'on. During the annual pilgrimage the meat of 19 animals was distributed amongst the poor and needy benefitting over 1,500 families. Two water pumps were replaced and fixed. benefitted over 1 Egn Jsople Ghana During the month of Ramadhan 320 families in different parts of Ghana benefitted from food hampers and over 3,000 water packs were distn"buted to provide clean drinking water. 1000 families were able to experien the joys of Eid because of the distribution of meat from 14 sacrificial animals. Caravan of Mercy installed 18 boreholes over 5000 families benefit daily by getting clean drinking water.
Turkey Caravan of Mercy continued relief projects to help displaced refugees During the month of Ramadhan 1000 food parcels were distributed to Syrian refugees. Qurbani meat was distributed during the annual pilgrimage that benefited hundreds of families. During the winter season Syrian refugees were given over 1,000 blankets. Liberia During the month of Ramadhan 1000+ families received food parcels that were distributed amongst the poor and needy, with supplementary aid being provided throughout the year as needed. During the Qurbani period 5 Animals were sacrificed to help those who rarely benefit from eating meat. Financial assistance was given several times throughout the yeai Kenya Caravan of Mercy provided relief to affected areas of Kenya where that nas been a heavy drought. Caravan of Mercy sent aid for over 50,000 families_ 2 distributions were done during the year including the month of Ramadhan. Yemen Caravan of Mercy provided food parcels during Ramadhan to over 2,000 families. Over 35 Sheep were sacrificed during the Qurbani period to benefit those who don't have meat to eat during the year. Summary Caravan of Mercy continued orphan sponsorship progr2mmes in The Gambia, Bangladesh and West Bengal benefiting hundreds of chilareii Emergency aid was provided to Rohingya refugees In Ba-, Meat was distributed in many countries during the yearly Pilgrimage. for some this was the only meat they had eaten in months. Financial review During the year ended 31 March 2024, the Charity received an income totalling £655,181 (2023. £897,524). Overall, we managed to distribute the entire income amount and also reduced the funds brought forward, of £514,134 (2023: £560,567) Plans for future periods The charity will continue to support all the existing projects and aims to cgmple*Èx all of the outstanding projects in the coming year. The charity Is lookina a: exaaraing lis operations in Liberia after successful completion of risk and viabiiiLy as)essm¢nlb and subject to approval of trustees. Independent Examiner Accountant A resolution proposing that Ryalls HMB Ltd, Chartered Certified Accountants & Statutory Auditors be re-appointed as an independent examiner accountant of the charity will be put to the Annual General Meeting This report was approved by th Board on 28 January 2025 Ahmed Ali Gulam Patel
INDEPENDENT EXAMINERS ACCOUNTANTS REPORT TO THE TRUSTEES OF CARAVAN OF MERCY We report to the charity trnstees on m> examination of the accounts of the Compan). for the year ended J l March 2024 Respective responsibilities of trustses and auditor As explained more fully in the Trustees, Responsibilities Statement on page 2 the trustees are responsible for the preparation of financial statements which give a trug. and fair view. As the charity's trustees, you are responsible for the preoa, J'irnn o! the accoliri.ts in accordance with the requirements of the Companies Act 2008 ("the 2006 Act j Having satisfied ourselves that the accounts of the charity are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, We report in respect of my examination of your charity s accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act"). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145{5)(b) of the 2011 Act. Opinion on flnancial statements We have completed our examination. We confirm that no ma'Lerial Iriatters have come to my attention {other than that disclosed below) v,'tr, cl gi'¥DS --,e ts(iase to believe that- accounting records were not kept in accordan with section 386 of the Companies Act 2006, or the accounts do not accord with such records. or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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. or .the accounts have not been prepared in accordance with the Charities SORP (FRS102) Matters on which we are required to report by exception We have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this repciil In order 10 enable a proper understanding of the accounts to be reached. Ryalls HMB Ltd Chartered Certified Accountants And Statutory Auditors 97 Evington Drive Leicester LE5 SPH
C."4rnN'4n Of m¢V Statement of Financial Activities k)r the year ended 31 Mgrch 2024 lknrestrieted Restricted FUD Totsl 2024 I'eAr ended 31 Mar 2023 Incoming resources Inci)ming N'sources Inim generaied tibnds oliinian incon 571_614 7.8()X 891.i99 InKL%ltiL'ni incon 7283 l-rtal incoming re5ource5 571h14 897.$24 Resree5 C'015 of (i'nerating lunds l."undraising costs -Ad1'ern1ng 4.7) 4.7fA> ioio Suppon costs 61276 61276 55.321 ChdritJbie activilies 719.384 (xTri'¢maftce costs 1.870 Total resources exnthd 632,667 701,614 778 585 et incoming louQoing) resour£e5 14,620 (61.Oi3 146.4iil 118.939 Transfers 05> Iransle beiiiren ndS ei mo*nKni in fun 14.620 (61.0Sil 146.4331 118.939 Reconciliation of Fun 'I'olal Funds brouohi for%7rd 2)50 337.211 5(4).567 441.L?8 'rrtul Funth £4rriedforiiaTd 237976 276.1 6V,y67
Caravan of Mercy Balance Sheet as at 31 March 2024 2024 2023 Notes Flxed assets Tangible assets 11 874 1,028 874 1.028 Current assets Debtors 12 19.651 Cash at bank and in harnl 13 545.857 519.913 565.508 Creditor5: amounts falllng due within one year 14 6.653 5.969 Ntt current assets 513.280 559,539 Credilors". amounts falling due after more than one year Net a¥8ets 514.134 560.567 Funds Unrestricted funds 15 237.976 223.3 Re*rfcted funds 15 276,158 337,211 Total funds 514,134 560,567 The financial statements on pages 6 to 7 y+E apprOd by the thri ?8 laouary ?025 and signed on their behalf by.. Ahmed Ali Gulam Patel
Notés forming part of the financial statémènts for the year ended 31 March 2024 Accounting policies (a) Basis of prepardtion The financial statements have been prepared under the historical cost convention. with the exceplion of investments which are included at market value. The financial stalemenls have been prepared in accordance with the Statement of Recommended Practice ISORPI -AccoLinling and Reporting by Charilies" published in 2005 and applicable UK Accounting Slandarrts an¢ i., IC- Charities Act 1993. (b) Fund accounting General funds are unrestricted fijnds which are available for use at the discretion of Ihe trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds (Sadqah I Zakaat) are fvnds which a lo be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purpose5. The cost of raising and administering such funds are charged against the specific fund where permissible, otherwise from the unrestricted fund. The aim and use of each restncted fund is set oul in the notes to the financial statements. Investment income, such as deposit interest. and gains are allcKated to the appropriate fund. Ic) Incoming resources All incoming resources are included in the SOFA when the charit/ Is lega',15' enlilled to the income and Ihe amotjnt can be quantffied with reasonable accuracy. Gifts in kind donated for distn'buts'on are included at valuation and recognised as income when they are dislributed to the projects. Gifts l items donated by businesses & communibes for distribution to the poor & needy are only included as income where a reliable valuation is available. Otherwise only the costs associated with the transportation and distribution of these items are shown in the financial slatements. No amounts are included in the finanryal statements for seNices donated by volunteers. (d) Resour¢e3 expended All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allLK*ed to activities on a basis consislenl with use ol the resources. Fund-raising costs are those incurred in seeking voluntary contr.DlI0s and do not Include the costs of disseminating infomiats.on in support of the charitable activil.'es _Lk rt r?:.'.s tl?8e costs incurred diredy in support of expenditure on the objects of the charity anc, Include proièLi rnanagemenl carried out al Headquarters. Management and administration costs are Ihose Incurred In connection with administration of the charity and compliare with constitutional and ststulory requirements. (e) Tangible fixed assets and depreciation Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as frJllows= Improvement to leasehold building Fixture & fittings Office equipment over 4 years over A iiaar over 4 years
Notes to the financial statements for the year ended 31 March 2024 (continued) (fj Foreign currencies Transactions in foreign currencies are recorded at the rate ruling al the date of the transaction. Monetary assets and liabilib'es are retranslated at the rate of exchange ruling at the balance sheet date. All differen$ are taken to the SOFA. Ig) Taxation The charity is exempt for Taxation purposes and is not registered for VAT. However, the charity is allowed to redaim tax on donab.ons received under Gtft Aid scheme.
Caravan of kqercy Notes to Financial stateThnts foT the >par ended 31 March 2024 Icontintdl Voluntary Incorne LknTraricted Rewicted Fund8 Funds Total 2024 Yèar•ThJed 31 IAar 2023 Cknatvjns 76 54-,.89e 891.599 76,284 5T1.614 647.898 891,599 Inve#mpnt In¢om• Total 2024 Year 8rJ8d 31 Mar 2023 Funds Funds Derx)Sit InterESt 5.925 7.283 5.925 Coa5 of genernttr Yoluntsry incomè Unr¥4rfct•d Restricted Funds Funds Total 2024 Year Bnd•d 31 Mar 2023 FuThhisiTrJ cc6ls. Athrytisir Supw w5t5 Z010 55.321 62.276 67,036 67,036 67.331 Detsils of Charitable Acll¥N]es Unre#rfthd Redriei•d Fun(ts Funds Totsl Y•ar•TrJ•d 31 Mar 2023 Foc#J dlslritrArti¢ irc anim Saee Home blmlding c¢JislnXtn Cost5 Rèligijs S¢1$, cc6t Qurw disth"bJts"( Orplw S[K0[ship Fresh Wdlwl sewer wc¥ects Intematiorwl 1rnIn costs Seif sustaining ISSPI Medral ad and ernwy rdl Helping the ar•J 273.167 116.494 27.824 107.874 16.555 107874 16.555 82.8 43 785 27 496 82.886 88 057 33,723 31,3 1 100 113.287 33.789 74 J8 43 580 47.444 47.444 631667 632.667 Unrestrficted R6siricted Fund$ Funds Total YearerKled 31 Mar 2023 GarntrAa Bar#Jladesh Jia Ghana Kenya 6119) 119296 175 LKK) 39.5 81150 119.298 175,CK 41.073 1?2.5 160.7TT 21,1C 28.LKM) Uighres R&Jgee Yernen 5025 10 000 20 000 10.000 104.319 130.650 32,600 Barladesh IRthruyal Turkey 15612 16 443 104.724 6915 104 724 6915 Pak15ton 631667 63Z667 719.384 10
Notès to the Financial Statennts for thè war ènded 31 March 2024 (continLdI Govgmance co Lknrt&rf¢ted Rethcted Funds Funds Totsl 2024 Year ended 31 Mar 2023 Audltor¥ mnetion Statutory CC)nts L&Jal & kYrAessKma 1.911 1.911 1.870 1,911 1.911 The LgJJ & pr(ts$K uJ5t5 relate to IL& and rA4yfL41 thinistptil)) cc6t$. Frx Iministration. Ihe xc(yJrrtan15 taken hentaJe exwn[kn. in ES-PASE Support Costs Ltrwe¥JS¢ted Restrictèd Funds Funds Totsl 2024 Year ¢nd•d 31 Mar 2023 Staff costs Office cc6ts Bank and Crlit card 27.942 3.818 27 942 3816 24.291 4.667 DeFYe¢ia¢ion & ¢J15 fiXed asset 154 154 185 61Z16 55,321 siaff numbers Totsl Yr•r•d 31 Mar 2023 UK Actsvwe$ FundraisirKJ & rnarkdirKJ Overseas Activfjtles ¢haritatAe &tNiies Stsff cos Total 2024 Yoar 8nded 31 Alar 2023 Salaries and wes Sctid security CC6ts 26,135 43 26,178 During tte year. twe we rKJ l¥glty wd emF4oyees a1 rHEbJn corrtntyJiNs ere FQid.
Notes to the Financial Stateftnts for the Jar ended 31 March 2024 Icontlnldl 10 Tntheg expensand remunèwation and rBlat•d patty transadions Trustees are mt lemur. Ilw ca) W pad ex[se$ att&JIr meetiwJs aThJ tleS ltlY related to Ih8r dU[S as tnJ5tee. tXJrir#J Ihè yw. the cllY tra cctsts to SyrFa. Gamtia. Ghana ar¥J trxlia aM£rttIng to 214.940 All sCeS promtsj KAUlY by Trustees IrlLalrj chwitab actiiities. assctiat&J cthts ha nci (j. li FIXED A$Ss Office ulpment TOTAL BlfrJ AiJJibw sp)sJs 1 722 Depreciatlon Chatge y Elimliwl on (thsK t Book Valu¢ 30 March 2024 874 14 31 2073 1.028 1,028 12 Dtbtors 2024 2023 8.356 11 295 PreF4yrnents & income 23.736 19.651 13 Cath at 8ank and in hand 2024 20fJ 496.177 545.851 496.17T 545,857 12
Notes to the Financial S&ents for the star ended 31 M•r¢h 2024 {continuèd) 14 Creditors amountsfalling due wlthln one year 2023 Track crt Wages & welri other5 3.148 2,638 1.583 1.750 3.505 6,653 5,969 15 Statent of funds At l April 2023 Incoming Rewurces Trdnrs At 31 March Reg)urces Expended 2024 Unrgarfcted fund% 223.350 83.567 188.9471 237.976 Totsl unrertcied lunds 223,356 83,S67 168,9471 237,976 Rortctsd fund 337.211 571.614 1632e6n 276 158 Totsl rerl¢tsd funds 337.211 571.614 1632,667 276,158 Totsl funds 560,567 655,181 1701,6141 514,134 The seThe reKKes&ts the free fithjs cl chanty *e mt ¢Jesignated particular wrptses