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2024-05-31-accounts

Registered Charity number: 1118152

HELPING LITTLE ANGELS Annual Report and Financial Statements For The Year Ended 31 May 2024

HELPING LITTLE ANGELS FOR THE YEAR ENDED 31 MAY 2024

Contents

Page
Strategic Report 1 - 2
Trustees' Report 3
Statement of Trustees' Responsibilities 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 - 13

HELPING LITTLE ANGELS STRATEGIC REPORT FOR THE YEAR ENDED 31 MAY 2024

Financial review

During the period ending 31 May 2024, the charity raised £222,001 in donations and from other activities (2023: £254,769) and spent £157,962 (2023: £269,498) in furtherance of its charitable objectives.

Policy on reserves

The charity's restricted reserves stood at £436,581 (2023: £388,643) and unrestricted reserves stood at £16,101 (2023: NIL).

Restricted funds are held for specific charitable purposes in accordance with donors’ wishes and include amounts received but not yet applied at the year end which will be used to support ongoing and future projects.

The trustees aim to maintain only a small level of unrestricted reserves to support the charity’s day-to-day operational requirements and to provide a degree of financial flexibility where required.

Risk Management

The trustees recognise the importance of identifying and managing the principal risks facing the charity. The trustees regularly review the activities of the charity and consider potential risks as part of their ongoing oversight. The trustees believe that maintaining appropriate financial oversight and monitoring the charity’s activities helps mitigate potential risks.

Future Plans

The Trustees are very proud of the achievements of the various projects throughout 2023-24.

The charity aims to maximise the proportion of donations applied directly to its charitable activities. The trustees work to keep administrative and operational costs to a minimum so that the majority of funds received can be used to support the charity’s projects and beneficiaries.

The Trustees are very grateful to all donors and volunteers who have helped the Charity to go from strength to strength each year.

The Trustees will carry on sponsoring the orphanage in Lahore, Pakistan and a project for the construction of a separate girls wing for the orphanage.

The strategic report was approved by the Trustees of the Charity on 30/03/2026 and signed on its behalf by:

Athar Siddiqui Chief Executive

Muhammad Daud Mikhaeil Treasurer

Page 1

HELPING LITTLE ANGELS STRATEGIC REPORT FOR THE YEAR ENDED 31 MAY 2024

Purpose of report

The Trustees present their annual report and financial statements for the year ended 31 May 2024.

The Trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Organisational Structure

The Trustees are responsible for the overall control and management of the charity. The Trustees give their time freely and receive no salary or other financial benefits.

The Trustees meet together on a regular basis and are responsible for all decisions taken in relation to running of the charity and its activities. The Trustees continue to be actively involved in the running of projects supported by their staff and volunteers.

Recruitment and Appointment of Trustees

There are six Trustees. The Trustees are responsible for the recruitment of new Trustees and will appoint additional Trustees as required.

Risk Management

The trustees recognise their responsibility to identify and manage the principal risks facing the charity. The trustees consider potential financial, operational and governance risks as part of their ongoing oversight of the charity’s activities.

The charity operates with a small trustee and volunteer structure. The trustees maintain oversight of the charity’s activities, financial transactions and overseas projects through regular review and communication.

The trustees are aware of the risks associated with delivering humanitarian and charitable activities, particularly where work is carried out overseas, and take reasonable steps to monitor and manage such risks as part of their governance responsibilities.

Where appropriate, the trustees may seek advice from professional advisers or external consultants to support the charity in ensuring appropriate governance and oversight.

Activities and Achievements

The Trustees consider that the charity provides benefit to both people in this country and overseas. These are listed below:

Page 2

HELPING LITTLE ANGELS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2024

Structure, governance and management

Reference and Administrative Details

Trustees Athar Siddiqui Chief Executive Dr. Shahid Sandhu Chairman Dr. Tahir Ali Vice Chairman Muhammad Daud Mikhaeil Treasurer Shamsa Miran-Bux Trustee Lubna Sarwar Trustee Principal Office 1046 Stratford Road Hall Green Birmingham B28 8BJ Charity Registration Number 1118152 Independent Examiner Manor Hill Accountants 619A Stratford Road Birmingham B11 4DX

The annual report was approved by the trustees of the Charity on 30/03/2026 and signed on its behalf by:

Muhammad Daud Mikhaeil Treasurer

Page 3

HELPING LITTLE ANGELS

Statement of Trustees’ Responsibilities FOR THE YEAR ENDED 31 MAY 2024

The trustees are responsible for preparing the annual 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 charity’s financial activities during the year and of its financial position at the end of the year.

In preparing these financial statements, the trustees are required to:

The trustees are 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 2011 and the provisions of the charity’s governing document. 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.

Page 4

HELPING LITTLE ANGELS

[INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF HELPING LITTLE ANGELS ][FOR THE YEAR ENDED 31 MAY 2024 ]

We report to the trustees on our examination of the accounts of Helping Little Angels (the Charity) for the year ended 31 May 2024.

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.

We report in respect of our examination of the Charity’s accounts carried out under section 145 of the Charities Act 2011. In carrying out our examination, we have followed the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

We confirm that we are qualified to undertake the examination by being members of a recognised supervisory body.

We have completed our examination. We confirm that no material matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:

We have no concerns 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.

Manor Hill Accountants 619A Stratford Road Birmingham B11 4DX

Date: 31-03-2026

Page 5

HELPING LITTLE ANGELS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2024

Incoming Resources from generating funds:
Notes
Donations - Sadaqah
Zakat
Income from activities
Earthquake And Emergency Relief Appeal
TOTAL INCOMING RESOURCES
2
Resources Expended
Costs of Generating Donations
Charitable activities
Administrative expenses
Governance costs
3
TOTAL RESOURCES EXPENDED
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
Total funds brought forward
Total funds carried forward
Restricted Unrestricted
Funds
Funds
£
£
2024
Total
£
2,838
44,115
46,953
139,823
-
139,823
-
7,836
7,836
27,389
-
27,389
2023
Total
£
54,269
131,578
10,238
58,684
170,050
51,951
222,001
254,769
-
21,962
21,962
108,619
3,353
111,972
480
6,535
7,015
13,013
4,000
17,013
28,706
213,068
24,174
3,550
122,112
35,850
157,962
269,498
47,938
16,101
64,039
388,643
-
388,643
(14,729)
403,372
436,581
16,101
452,682
388,643

The notes on pages 8 to 13 form an integral part of these financial statements.

Page 6

HELPING LITTLE ANGELS BALANCE SHEET FOR THE YEAR ENDED 31 MAY 2024

Notes 2024 2023
£ £
CURRENT ASSETS
Cash at bank and in hand 7 459,182 393,893
459,182 393,893
CREDITORS
Amounts falling due within one year 8 (6,500) (5,250)
Net Current Assets 452,682 388,643
THE FUNDS OF THE CHARITY
Unrestricted Funds
General / Designated Purpose Funds B/fwd. - -
General Purpose funds for the year 16,101 -
Total 16,101 -
Restricted Funds
Specific Funds B/fwd. 388,643 403,372
Specific Funds for the year 47,938 (14,729)
Total Funds 10 452,682 388,643

The financial statements were approved by the trustees on 30/03/2026 and signed on its behalf by

Athar Siddiqui Chief Executive

Muhammad Daud Mikhaeil

Treasurer

The notes on pages 8 to 13 form an integral part of these financial statements.

Page 7

HELPING LITTLE ANGELS NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

1. Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with 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) (effective 1 January 2015) - (Charities SORP (FRS 102).

Basis of preparation

Helping Little Angels meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Income and endowments

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 the income receivable can be measured reliably. Donations and legacies

Donations are recognised when the Charity has entitlement to the income, it is probable that the income will be received and the amount can be measured reliably. In the event that a donation is subject to conditions that require a level of performance by the Charity before the Charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the Charity and it is probable that these conditions will be fulfilled in the reporting period.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where support costs cannot be directly attributed, they are allocated on a reasonable and consistent basis. and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated on a reasonable and consistent basis.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Charitable activities

Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Page 8

HELPING LITTLE ANGELS NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

G rant provisions

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.

Governance costs

These include the costs attributable to the Charity's compliance with constitutional and statutory requirements, including independent examination, strategic management and Trustee's meetings and reimbursed expenses.

Taxation

The Charity is a registered charity and is potentially exempt from taxation in respect of income and gains applied for charitable purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The charity did not hold any tangible fixed assets during the year.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustee's discretion in furtherance of the objectives of the Charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 9

HELPING LITTLE ANGELS NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

2. Income from Donations

Donations - Sadaqah
Zakat
Income from activities
Earthquake And Emergency Relief Appeal
Total
Restricted
Funds
£
Unrestricted
Funds
£
2024
Total
£
2023
Total
£
2,838
44,115
46,953
54,269
139,823
-
139,823
131,578
-
7,836
7,836
10,238
27,389
-
27,389
58,684
170,050
51,951
222,001
254,769

3. Governance costs

Governance costs
Book-keeping and accountancy charges
Consultancy
Insurance
Total
2024
2023
Total
Total
£
£
4,000
3,550
12,020
-
993
-
17,013
3,550

4. Trustee remuneration and expenses

During the year the Charity made the following transactions with trustees: No Trustees Expenses were reimbursed for the year

5. Staff costs

The aggregate payroll costs were as follows

5. Staff costs
The aggregate payroll costs were as follows
2024 2023
Total Total
Staff costs during the year were:
Wages and salaries & Social security costs - 11,060
Total - 11,060
Average number of employees for the period
0 1
No staff costs were incurred during the year (2023: £11,060).

Page 10

HELPING LITTLE ANGELS NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

6. Taxation

The Charity is a registered charity and is exempt from taxation.

7. Current assets
HSBC
UBL
Petty Cash
2024
£
2023
£
459,162
393,547
-
325
20
21
459,182
393,893

The UBL bank account held in the prior year was closed during the year and the remaining balance was transferred to the HSBC account .

8. Creditors: amounts falling due within one year

Accruals Total
2024
£
Total
2023
£
6,500
5,250
6,500
5,250

9. Contingent liabilities

The charity had no contingent liabilities at 31 May 2024 (2023: Nil)

10. Movement in Funds
As at 31 May 2023
Net surplus / (deficit) for the year
2024
£
2023
£
388,643
403,372
64,039
(14,729)
452,682
388,643

11. Related party transactions

There was no related party transaction to report in 2024.

Page 11

HELPING LITTLE ANGELS NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

INCOME
Donations - Sadaqah
Zakat
Income from activities
Earthquake And Emergency Relief Appeal
Total incoming resources
EXPENDITURE
Costs of Generating Donations
Event organizing costs
Advertising
Charitable Expenditure
Janat-ul-Firdous charitable trust - Pakistan
Donations and subscriptions
Donations and charitable projects
Overseas projects
UK Projects
Sundry charitable expenses
Administrative Expenditure
Wages & Social security costs
Insurance
Light, heat & water
Stationery, postage and IT services
Bank charges
Repairs and maintenance
Travel and subsistence
Sundry
Restricted
Funds
£
Unrestricted
Funds
£
Total
2024
£
2,838
44,115
46,953
139,823
-
139,823
-
7,836
7,836
27,389
-
27,389
Total
2023
£
54,269
131,578
10,238
58,684
254,769
28,706
-
28,706
59,400
2,819
-
150,752
-
97
170,050
51,951
222,001
-
16,153
16,153
-
5,809
5,809
-
21,962
21,962
60,400
-
60,400
-
-
-
3,044
-
3,044
45,175
-
45,175
-
1,685
1,685
-
1,668
1,668
108,619
3,353
111,972
213,068
-
-
-
-
-
-
-
1,474
1,474
-
1,166
1,166
-
621
621
-
1,748
1,748
-
-
-
480
1,526
2,006
11,060
1,012
1,801
1,357
824
4,175
2,337
1,608
24,174
480
6,535
7,015

Page 12

HELPING LITTLE ANGELS NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

Governance costs

Insurance
Book-keeping and accountancy charges
Consultancy
TOTAL EXPENDITURE
EXCESS INCOME OVER EXPENDITURE
993
-
993
-
4,000
4,000
12,020
-
12,020
-
3,550
-
13,013
4,000
17,013
3,550
122,112
35,850
157,962
269,498
47,938
16,101
64,039
(14,729)

Page 13