Charity giStratIon number 1117924 (YllHHUGS HELPING HOUSEHOLDS UNDER GREAT STRESS ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
LEGAL AND ADMINISTRATIVE INFORMATION Trustees Shaheer Choudhury Cerie Bullavant Yasser Khan Charity number 1117924 Auditor Abacus Partners (LDN) LLP Abbott's Iarf 93 Stainsby Road London E14 6JL
CONTENTS Page Statement of trustees. responsibilities Trustee's Report 2-12 Independent auditor's report 13-15 Statement of financial activities 16 Balance sheet 17 Statement of cash flows 18 Notes to the financial statements 19-28
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees are responsible for preparing the Trustees, 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 and Wales requires the Trustees 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 year. In preparing these financial statements. the Trustees are required to.. select suitable accounting policies and then apply them consistently-, observe the methods and principles in the Charities SORP" make judgements and est'mates that are reasonable and prudent., state whether applicable accounting standards have been followed, subject to any material departures disdosed and explained in the financial statements- and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping sufficient accounting records that 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 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 taking reasonable steps for the prevention and detection of fraud and other irregularities.
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 CHAIR'S FOREWORD Assalamu alaykum wa rahmatullahi wa barakatuh, This year, HHUGS continued to provide practical support and a sense of belonging for families affected by counter- terrorism. national security and extremism-related measures. Many households faced sustained financial pressure, social isolation and heightened stigma. Our role remained clear= to step in quickly, respectfully and consistently- preserving dignity while helping families stabilise and move forward. Alongside core crisis support food, bills and housing security-we strengthened seasonal and community programmes to ensure families could observe key times of the year with dignity. including Ramadan. Eid and Qurbani. The numbers in this report represent real lives.. burdens eased. children able to take part in celebrations. and families feeling less alone. Trustees extend sincere thanks to our donors, grant partners, volunteers and the wider community. Your support enabled HHUGS to respond to need at pace and with care, and to maintain a consistent standard of seNice for families who are too often overlooked. Key themes for the year: Reducing immediate financial hardship (food. bills. rent) and preventing crisis escalation. Restoring dignity and inclusion at key times of the year through seasonal campaigns. Reducing loneliness and stigma through safe, welcoming gatherings and community connection. Listening to beneficiary feedback to improve quality and delivery. With gratitude for your unwavering support.
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 OUR MISSION AND IDENTITY HHUGS is the UK'S only registered charity dedicated to supporting households affected by counter-terrorism, national security, and extremism-related measures. Founded in 2004 by a group of Muslim mothers responding to the rise in anti- terror arrests in London, HHUGS has evolved into a vitsl lifeline for families experiencing the devastating ripple effects when a household member is detained. Our vision is a world where every family affected by national security legislation feels supported and embraced by their communities. We work to ensure that these families-predominantly women, children and elderly parents-are not left to navigate hardship alone. The core values that guide ourwork are.. Trust- building reliable relationships with those we serve. Excellence- striving for the highest standards in all we do. Respect honouring the dignity of every individual. Responsibility- maintaining our commitments to beneficiaries and supporters. Our commitment extends beyond immediate relief. We aim to: Provide tailored, high-quality support that addresses each family's unique needs. Restore confidence, hope and dignity to those who have been marginalised. Improve mental and physical wellbeing among our beneficiaries. Combat social isolation through community connection. Strengthen family bonds despite challenging arcumstsnces. Enhance life skills that promote independence and resilience.
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Raise awareness about the impact of imprisonment on families. Challenge discrimination against children and families of detainees. Break cydes of intergenerational hardship. Empower families to rebuild their lives wth confidence. PUBLIC BENEFIT In accordance with Section 4 of the Charities Act 2011. the Trustees confirm that all activities undertaken by HHUGS serve the public benefit. Our operations focus on alleviating hardship and improving lives for families affected by imprisonment and national security legislation, who can face significant disadvantage and stigma. During the year, this public benefit was delivered through.. Relief of financial hardship for vulnerable families. Housing support for those facing accommodation insecurity. Support with utilities and essential bills to prevent crisis escalation. Education and training support to build future opportunities. Practical and emotional support to reduce stress. trauma and isolation. Social and recreational activities that foster community connection and reduce stigma. The Trustees have careIlY considered the Charity Commission's guidance and are confident that our work fulfils our charitable objectives while providing significant public benefit.
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND IMPACT Core Support Services This year we continued to provide practical, tailored support across multiple areas of need. Our financial assistance remained a lifeline for families struggling with basic necessities, and our approach focused on rapid response, dignity and stabilisation. Direct assistance delivered: Food and essential supplies Ivouchers): £354823 Housing security (rent support): £92,071 19 families utility bills: £23,587-20 families General bills: £9,815 24 families Debt relief: £1,624 10 families Prison visits: £3.583- 7 families Behind each ofthese figures are real households navigats'ng sustained pressure. HHUGS support is designed to prevent small crises becoming catastrophic-keeping food in the home, preventing arrears from spiralling, and reducing stress so families can focus on rebuilding stability. Seasonal Campaigns Seasonal campaigns are a major feature of our support. For families affected by detention and stigma, key times of the year can be particularly painful and isolating. Our campaigns help restore dignity, nomiality and joy-especially for children.
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Ramadan Ramadan can intensify feelings of loneliness for families separated from loved ones. Our Ramadan campaign aimed to reduce hardship and create moments of connection and care within the home. Ramadan gift packs: £8,599.70- 174 households Food vouchers: £6,075 65 families Eid gift vouchers: £11.680 170 beneficiaries Total Ramadan campaign expenditu. £26.254.70 Beneficiary feedback (anonymised): "This was my first time receiving this. My kids were so happy opening the box and seeing what was inside. I'm particularly grateful for the Palestinian dates. HHUGS has been so helpful in every situation, and I don't think I would've managed to get through Ramadan without your help.. Ramadan Gift Box recipient Qurbani and Eid Treats Our Qurbani campaign ensured families in the UK who are often overlooked could take part in this important tradition and access nutritious meat that might othewse be unaffordable. Eid treats added a tangible moment of celebration and care. Qurbani meat: £29.130 149 beneficiaries Eid treats: £6,116.02 198 beneficiaries Total Qurbani campaign expenditure: £35,246.02 Beneficiary feedback (anonymised): "We are very grateful-especially with the cost of living crisis. This support will help us a lot.- Qurbani recipient
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Back to School The start of the school year can be an acute pressure point for families already managing hardship. Children can feel the emotional impact of being unable to afford unifomis and supplies. Our Back to School campaign focused on dignity, confidence and readiness to learn. Uniforms: £12,440 Stationerylresources: £3,550 Total beneficiaries supported: 28 Total Back to School campaign expenditure: £15.990 Winter Winter brings rising costs and difficult trad&offs for households under strain. Our winter support helped families manage essential spending and reduce the risk of arrears and crisis during the coldest months. Voucher top-up (small household): £4,560 76 families Voucher top-up (large household): £4,800 32 families Total Winter campaign expenditure: £9,360
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 BENEFICIARY FEEDBACK (ANONYMISED Feedback consistently shows that HHUGS support provides both practical relief and emotional reassurance. The quotes below are anonymised and included as illustrative evidence of impact. Dignity, care and being remembered "It's a reminder that someone cares. This box brings a smile to everyone's face and reminds us we're not alone.. Ramadan Gift Box recipient "The hamper reminded me there are people around you in Ramadawspecially when you don't have anyone else." Ramadan Gift Box recipient "The Eid treat was thoughtful and high quality. You could tell real effort and care went into it.. Eid Treat recipient .1 really enjoyed receiving something special and new-and the children loved it.. Eid Treat recipient Children's happiness and positive memories "My kids were so happy opening the box and seeing what was inside.. Ramadan Gift Box recipient 'It shows children they matter, are loved and Cared for-especially when they cary stigma due to a loved one being in prison." Eid Party attendee (Northl "It helped us create memories and strengthen our family relationships.. 'The cake was beautiful and delicious. The children really enjoyed it." Eid Party attendee (Midlands) Eid Treat recipient Community, connection and reduced isolation "HHUGS is my second family-there for me through some of my darkest times. It's a supportive community." Ramadan Gift Box recipient "It was my first time attending by myself. I've made so many friends through HHUGS, and it was really good to see them." Eid Gathering attendee (London) "Whatever support we receive helps during this month. It makes Ramadan feel a little special, especially with growing kids. Ramadan Gift Box recipient Practical help during financial pressure 'The Qurbani meat was generous. well packaged and good quality. These gifts helped tremendously.. Treat recipient .1 don't think I would've managed to get through Ramadan without your help." Ramadan Gift Box recipient "Whatever support is received helps during this MontVen if ifs not about feasting, it makes a real difference at home.. Ramadan Gift Box recipient Qurbani + Eid
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Long-term impact "HHUGS have made a huge impact on mine and my children's lives. I'm very grateful to the whole team." Gift Box recipient "Without HHUGS I would've lost my house and everything. Thank you for everything.. "Since 2016, it's only HHUGS that has supported us and helped us through our troubles." Ramadan Ramadan Gift Box recipient Eid Treat recipient FINANCIAL REVIEW: SUSTAINING OUR MISSION The continued generosity of our donors and supporters remains the comerstone of HHUGS, ability to serve families in need. Sustained community SUPPOrt allows us to deliver immediate relief, respond to emerging need, and maintain a consistent standard of setvice. For the financial year ended 31.03.25 Total donations and grants lexcluding unrealized gains): £1,019,768 Total expenditure: £1.193.366 Operating result (surplusldeficit): (£173.597)
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 COMMUNITY FUNDRAISING INITIATIVES Community-centred fundraising remains essential to HHUGS. resilience and impact. Through faith-anchored challenges and community events, supporters raised funds, increased awareness of the hidden impact of detention on families, and strengthened bonds of solidarity. Highlights this year included". Ramadan Race 2 Jannah A Ramadan fundraising challenge bringing together regional teams and individual supporters to raise vital funds for HHUGS families. Participants set personal targets and encouraged child participation through ag&appropriate challenges. helping to build a culture of giving. Dhul Hiiiah Race to Jannah A fundraising initiative during the blessed days of Dhul Hijjah, encouraging participants-adults and children to contribute through sponsored challenges such as fasting, memorisation and physical activities, while raising awareness of the needs of HHUGS families. Al-Noor Dragon Boat Race A community day of teamwork and fundraising. bringing supporters together to compete, raise sponsorship and build visibility for HHUGS, work in a positive, family-friendly environment. Back to School Fundraiser A dedicated campaign to ensure children supported by HHUGS could stsrt the school year with dignity-covering unifomis and essential resources so children could feel Confident and induded alongside their peers. Winter Campaign A winter fundraising push aimed at preventing fuel povety and ynter hardship among HHUGS households-providing timely support so families could avoid crisis and maintain a safe and stable home during the coldest months. 10
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 GRANT PARTNERSHIPS Ummah Welfare Trust.. £80,000 INVESTMENT MANAGEMENT In accordance with Islamic financial principles, HHUGS maintains a careful approach to investment management, ensuring that funds are held and used in ways that align Vth our values while prioritising liquidity and financial security for beneficiaries. During the year. the charity did not engage in any investment activity. No investment gains or losses were recorded. RESERVES AND RISK MANAGEMENT To ensure organisational resilience. Trustees maintain a reseprfes policy requiring unrestricted ftjnds not designated for specific use to be held at a level equivalent to between three and six months, expenditure. This strategic approach enables HHUGS to navigate periods of UnrtaInty while continuing uninterrupted support to beneficiaries. The Board of Trustees regulady reviews the charity's risk register. identifying operational and strategic risks and implementing mitigation measures. This proactive approach supports strong govemance and helps the charity remain focused on its core mission..
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT HHUGS is an unincorporated charity registered Vth the Charity Commission under number 1117924, established under a Declaration of Trust dated 8 June 2006 as amended on 10 June 2008. Names of trustees who served during the year: Shaheer Choudhury {Chair) Cerie Bullivant Yasser Khan Chief Executive Officer: Imran Asif Signed on behalf of Trustees= Shaheer Choudhury (Chair) 10" February 2026 12
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEE OF HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS Opinion We have audited the financial statements of HHUGS - Helping Households Under Great stress (the 'charity'} for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounts'ng policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting standa applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements- give a true and fair view of the stste of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources, for the year then ended- have been propedy prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Charities Act 2011. Basis for opinion We conducted our audit in accordance with Intemational Stsndards on Auditing (UK) (ISAS {UK}l and applicable law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance wth the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance wth these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements. we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomied, we have not idents'fied any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustee with respect to going concern are described in the relevant sections of this report. Other infomiation The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Trustee are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other infomiation and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent wth the financial statements or our knowledge obtained in the course of the audit, or otherwse appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to detemiine whether this gives rise to a material misslatement in the financial statements themselves. If, based on the work we have perfomied, we conclude that there is a material misstatement of this other information. we are required to report that fact. We have nothing to report in this regard. Matters on which we are required to report by exception We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion= the information given in the financial statements is inconsistent in any material respect with the trustees, report., or sufficient accounting records have not been kept., or the financial statements are not in agreement with the accounting records., or we have not received all the information and explanations we require for our audit. 13
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEE OF HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS Responsibilities of Trustees As explained more fully in the statement of trustees, responsibilities, the Trustee are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such intemal Control as the Trustee determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or eOr. In preparing the financial statements, the Trustee are responsible for assessing the charity's ability to continue as a going concem. disclosing. as applicable, matters related to going concern and using the going con¢em basis of accounting unless the Trustee either intend to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or eOr. and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS {UK) will always detect a material misstatement when it exists. Misstatements Can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance wth laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misststements in respect of irregularities, including fraud. The exlent to which our procedures are Capable of detecting irregularities, including fraud, is detailed below. We obtained an understanding of the legal and regulatory frameworks that are applicable to the Charity and determined that the most significant frameworks which are directly relevant to specific assertions in the financial statements are those that relate to the financial reporting framework, the Charities Act 2011 and the relevant tax compliance regulations. In addition, the Charity is subject to many other laws and regulations where the consequences of non- compliance could have a material effect on amounts or disclosures in the financial statements, for instance through the imposition of fines or litigation. We identified the following areas as those most likely to have such an effect.. employment law, data protection. health and safety legislation and fundraising regulations. Auditing standards limit the required audit procedures to identify non-compliance Yth these laws and regulations to enquiry of the Trustees and other management and inspection of regulatory and legal correspondence if any. We understood how the Charity is complying with those frameworks by making enquiries of management, staff and consultants and those responsible for legal and compliance procedures. We corroborated our enquires through our review of minutes and papers provided by the Trustees of the Charity. Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentalions or through collusion. There are inherent limitations in the audit procedures performed and the further removed non- compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it. 14
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEE OF HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS Audit procedures performed by the engagement team included.. discussions with management and intemal audit, including consideration of known or suspected instances of non-compliance with laws and regulations and fraud., assessing the design and implementation of the control environment to identify any areas of material weakness to focus the design of our testing., Establishing that fund classification of the charity's activities, are in keeping with any temis or restrictions imposed on those funds in addressing the risk of fraud through management override of controls,. testing the appropriateness of journal entries and other adjustrnents. in particular joumals posted by senior management or with unusual account combinations. A further description of our responsibilities is available on the Financial Reporting Council's website at= https'.11 .frc.org.uklauditorsresponsibilities. This description fomis part of our audito¢s report. Other matters Your attention is drawn to the fact that the charity has prepared financial statements in accordance wth "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102}" {as amended} in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is refeed to in the extant regulations but has now been withdrawn. This has been done in order for the financial ststements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice. Use of our report 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. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for Ihe opinions we have formed. Mr Nur Ahmed Chowdhury {Senior Statutory Auditor) For and on behalf of Abacus Partners (Ldn) LLP Unit A, Abbotts Wharf 93 Stsinsby Road London E14 6JL 10" Febnjary 2026 15
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 unstrICted funds 2025 Restricted funds 2025 Total Unrestricted funds 2024 Restricted funds 2024 Total Notes 2025 2024 Income from: Donation & Legacies Grants 401,858 537.890 80,020 939.748 80,020 697.413 729,541 113,424 1,426,954 113,424 Total Income 401,858 617.910 1,019,768 697,413 842,965 1,540,378 Expenditure on Raising funds Charitable activities Support & govemance 289,974 268,444 166,600 725,018 289.974 736.791 166.600 468.347 1,193.366 252,075 67,225 185,994 505.294 252,075 985,196 185,994 1,423,265 468.347 917,971 Total Expenditure 917,971 Net Incomelexpenditure before other gainsllosses (323.160) 149.563 {173.597) 192,119 (75,0061 117,113 Net gains on investment 10 72,796 72.796 516,123 516,123 {Net Incomelexpenditure Before movement in funds) (250,364) 149,563 (100,801) 708,242 (75,006) 633,236 Reconciliation of Funds: Fund balances At 1 April 2024 Transfer beeen funds Fund balances at 31 March 1,087,758 1,087,758 397,886 (18.370) 56,636 18,370 454,522 17 2025 837,394 149,563 986,957 1,087,758 1,087,758 The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activities 16
BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets Investments 12 98 195 13 728,231 876,778 728,329 876,973 Current assets Debtors 14 47,452 258,761 179,998 92,980 Cash at bank and in hand 306,213 272,978 Creditors: amounts falling due 15 within one year 47,585 62,193 Net current assets 258.628 210,785 Total assets less current liabilities 986.957 1,087,758 The funds of the charity Restricted income funds 17 149,563 Unrestricted funds 837,394 1,087,758 986,957 1,087,758 The financial statements were approved by the Trustees on 1 Olh FebNary 2026 &s¢< Shaheer Choudhury Trustee Yasser Khan Trustee 17
HHUGS-HELPING HOUSEHOLDS UNDER GREAT STRESS STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Cash Oufflow from Operating Activities Operating Profit Depreciation (100.801) 97 633,236 97 Unrealised gains on cryptocurrency 2.796 565,730 Operating Profit Before Working Capital Charges (173.500) 67,603 (Increase)IDecrease in Debtors 132,546 16,301 IncreasellDecrease) in Creditors 14,607 46,708 Cash from Operations 117,939 (30,407) Net Cash Generated from Operations 55,562 37.196 Cash Ouffiow from Investment Activities Purchase of Cryptocurrency Investments Investment disposals Net Cash inflowloufflow from investment Activities 221,343 Cash Ouffiow from Financing Activities IncreasellDecrease) of Long Term Loans Net Increasel(decrease) in Cash and Cash Equivalents 165.781 37.196 Opening Cash and Cash Equivalents 92.980 55.784 Closing Cash and Cash Equivalents 258,761 92,980 Reconciliation: Cash at bank and in hand 258,761 92,980 258,761 92,980 The charity had no material debt during the year 18
HHUGS-HELPING HOUSEHOLD UNDER GREAT STRESS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 4th Floor. 43 Berkeley Square. London. W1J 5FJ. ENGLAND 1.1 Accounting convention The financial statements have been prepared in accordance wth the Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" {'FRS 102") and the Charities SORP "Accounting and Reporting by Chanties.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance vlith the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements. the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for 12 month5 from the date of signing of accounts. The Charity 1.3 Charitable funds Unrestricted ndS are available for use at the discretion of the Trustee in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Income All incoming resources are included in the statement of financial activities when entitlement has passed to the charity,. it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income,. Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. This includes all grant Income. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance Conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. Investment income is earned from increases year on year in fair value of direct donations made directly to the Charity block chain ledgers their donations are currently held as digital assets (cryptocurrency) 19
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 (Continued) 1.5 Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered. and is dassified under headings of the statement of financial activities to which it relates.. Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third paty, 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 to 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 beeen 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 are allocated on the portion of the asset's use. Other expenditure includes all expenditure that is neither related to raising ftjnds for the charity nor part of its expenditure on charitable activities. 1.6 Tangible fixed assets Tangible fixed assets are inits'ally measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. 1.7 Depreciation Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Computers 250A reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carying value of the asset, and is recognised in the statement of financial activities. 1.8 Fixed asset investments Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in the SOFA Transaction costs are expenses as incurred. Al fixed asset investments are currently digital assets (crypto currency) 20
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.9 Impairment of fixed assets At each reporting end date. the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impaim)ent loss (if any). 1.10 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilits'es. 1.11 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instwments are recognised in the Charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset. wth the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settie the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently camed at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impaimient, an impaimient loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. 21
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequendy carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or servi$ that have been acquired in the ordinary Course of operations from suppliers. Amounts payable are dassified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised vthen the charity's contractual obligations expire or are discharged or cancelled. 1.12 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to temiinate the employment of an employee or to provide temiination benefits. 1.13 Retirement beneffts Payments to the defined contribution pension schemes are charged as an expense as they fall due. 1.14 Funds and allocation of costs Costs are allocated beeen restricted and unrestricted funds according to the temis of the Income. 22
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 2 Income from donations & Legacies Unrestricted Restricted Total Unrestricted Restricted Total Funds Funds Funds Funds 2025 2025 2025 2024 2024 2024 Donations & Gift Aid 394,124 537,890 932,014 547,704 149,709 729,541 1,277,245 149,709 113,424 Gift Aid Grants Receivable 80.020 80.020 7.734 113,424 Interest income 7,734 401,858 617,910 1,019,768 697,413 842,965 1,540,378 3 .Expenditure on raising funds Unrestricted Unrestricted funds funds 2025 2024 Fundraising and publicity Fundraising staff costs Advertising Other fundraising costs 83,064 176,212 30,698 45,594 162,445 44,036 289,974 252,075 23
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 4. Expenditure on Charitable Activities 2025 2024 Direct costs Counselling Other FinanciallFinancial Support Driving lessonslEmpowemient Education 8,734 360,378 472 10,890 537,029 798 6,313 128,743 66,584 167,614 67,225 985,196 11,680 102,532 30,098 152,553 70,344 736,791 Staff costs Living expenses Practical IT and consulting costs 5. Governance costs Audit & Accountancy fees Legal and professional fees Consultancy 6,000 3,480 26,850 6000 61,226 36,330 67,226 6. Description of Charitable Activities Supporting families- this is the primary activity of the charity and funds are raised through donations and grants. Helping households encompasses a broad spectrum of support as categorised in Note 4. These include support for individuals and families facing financial and emotional hardship. The charity does not provide direct financial aid to individuals, but rather pays third parties on their behalf, where there is a sufficient case for support. For example, this could take the fOn of shopping vouchers for groceries. 24
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 7. Support costs 2025 2024 Staff costs Office Rent 82,848 15,814 17,530 3,507 75,563 12,339 25,024 2,422 3,323 97 Other premises expenses and office supplies Telephone Training Depreciation Subscriptions Bank charges HR Costs 97 4,490 288 5,697 130,270 118,768 8 .Related party transactions There were no related paty transactions during the year. 9. Employees The average monthly number of employees during the year was.. 2025 2024 Number Number Charitable Admin and operations Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 214,914 18,180 35,349 268,444 226,360 20,580 2,960 249,900 Key management personnel were renumerated £33,451 during the year There were no employees whose annual remuneration was more than £60,000. 10. Gains and losses on investments unstrICted funds Unrestricted funds 2025 2024 Gainsl(losses) arising on.. Revaluation of investments 72,796 516,123 25
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Taxation The charity is exempt from taxation on its activities because all its income is applied for Charitable purposes. 12 Tangible fixed assets Computsrs Cost At 1 April 2024 11,358 At 31 March 2025 11,358 Depreciation and impaimient At 1 April 2024 Depreciation charged in the year 11.163 97 At 31 March 2025 11,260 Carrying amount At 31 March 2025 98 At 31 March 2024 195 13 Investments (Digital assets) Donations ceived in crypto currency Cost or valuation At 1 April 2024 Additions{withdrawals) Valuats'on changes 876,238 {220,8031 72,796 At 31 March 2025 728,231 Carrying amount At 31 March 2025 728,231 At 31 March 2024 876,238 26
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Debtors 2025 2024 Amounts falling due within one year: GfftA'd debtors Other debtors Prepayments and accwed income 46,952 500 174,132 5,866 47,452 179,998 15 Creditors: amounts falling due within one year 2025 2024 Other taxation and social security Trade creditors Other creditors A¢¢ruals and deferred income 3,052 23,859 29,282 6,000 27,137 14,448 6,000 47,585 62,193 16 Analysis of net assets between funds Unrestricted funds 2025 Restricted fund 2025 Total 2025 Fund balances at 31 March 2025 are represented by: Tangible assets Investments Current assets Current Liabilikn'es 98 728,231 156,649 (47,585) 98 728,231 306,212 {47,585) 149,563 837.394 149,563 986,957 Unrestricted funds 2024 Restricted funds 2024 Total 2024 Fund balances at 31 March 2024 are represented by: Tangible assets Investments Current assets Current Liabilits'es 195 876,778 272,978 (62,193) 195 876,778 272,978 {62,193) 1.087.758 1,087,758 27
HHUGS- HELPING HOUSEHOLDS UNDER GREAT STRESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Movement in Funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific Conditions by donors as to how they may be used. Unrestricted Restricted Total Fund Fund Fund At 1 April 2024 1.087,758 1.087.758 Surplusl (Deficit (323.160) 149.563 {173,597) Gains 72,796 72,796 Transfers At31 Mah 2025 837,394 149.563 986.957 The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These can include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. There are no such designated funds set aside in the year by the charity. During the year, there was a transfer of £16,349 out of unrestricted ftjnds to cover the deficit of expenditure in restricted projects, namely Zakah and grant income distributions. After this transfer, the charity had £0.9m in unrestricted reserves at year-end. 28