REGISTERED COMPANY NUMBER: 06318127 (England and Wales) REGISTERED CHARITY NUMBER: 1125609
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 July 2021
for
Hope and Play Ltd
Hope and Play Ltd
Contents of the Financial Statements for the Year Ended 31 July 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
Hope and Play Ltd
Report of the Trustees for the Year Ended 31 July 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2021. The trustees have adopted the provisions of 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 2019).
OBJECTIVES AND ACTIVITIES
Why we exist
Hope and Play aims to bring hope to children who are denied hope through the circumstances and environment which they find themselves in. This is reflected in our charity’s objects, which are:
(1) To relieve the needs of children, in particular but not exclusively those affected by conflict, occupation or poverty, by providing items, services and facilities calculated to relieve their needs and by raising awareness amongst the public of their circumstances;
(2) To advance education for children for the public benefit by providing and assisting in the provision of facilities for education;
(3) To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of children who have need of such facilities by reason of financial hardship or social or other detrimental circumstances with the object of improving their conditions of life.
All children suffering physical, emotional and educational hardships are deserving of support. In all cases, the best long term answer is to remove the causes of those hardships. That long term need was punctuated this year as Israel once again pummelled Gaza from May 10th to May 21st 2021. From a total of 260 Gazans killed, 60 were children. Once again, Human Rights organisations called for investigations of war crimes, calls which largely fell on deaf ears. 610 children were physically wounded, but the number of children suffering trauma was multiples of this.
There are many organisations, NGOs and activists rightly focussed on resolving the long term conflict and occupation, but our focus is more on the near-term - alleviating immediate suffering, and equipping children as much as possible with the capabilities to recover. We worked this year entirely with Palestinian children: either in the West Bank where they continue to suffer brutal occupation; or in Gaza where aside from the bombardment, they remain under an illegal siege; or in the refugee camps in various areas of the Middle East where many live in poverty and need.
Our philosophy to deliver our programmes through local, trusted community organisations, in that way providing some much needed employment in the service of alleviating the suffering of the children.
Administration, Product and Marketing costs
The charity employs no staff. All UK activity was carried out on a voluntary basis by our kind supporters or by the trustees - whether in the design of items for our shop, in the preparation of these accounts, or in managing our social media and online presence. Where paid services were used, this was funded entirely by donations from our trustees and their families. As in previous years, this means all donations from the general public or grants, less finance transaction costs, are spent fully on projects rather than administrative overheads.
Our primary fundraising was once again through our shop, and predominantly sales for Christmas and New Year. Products that we sold were either donated, or purchased in bulk using only income from online sales, not donations. Of special note, once again, is our key supporter Jackie and her family and friends, who for the sixth year running designed our calendars and an assortment of products pro-bono, and part funded their production. We remain indebted to them all for their generosity of heart and time.
We remain grateful as always for our kind donors and supporters, without whom none of our activities would be possible. Most importantly, we are grateful to partners on the ground who have the most difficult tasks of making these projects a reality in the harshest and most challenging of environments.
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Hope and Play Ltd
Report of the Trustees for the Year Ended 31 July 2021
ACHIEVEMENT AND PERFORMANCE
What we have done this year
We continued our focus on trauma therapy in Gaza as we have for the last few years, and provided funding to launch an 8 month programme of psychosocial therapy, education and play for 500 traumatised children in 5 locations across the Gaza strip.
We also hosted a number of birthday parties in Gaza on behalf of our donors, each celebrated with around 50 children, and providing a rare opportunity for celebration. The donations funded the parties as well as providing additional funding for the trauma therapy programmes.
In making all decisions regarding our activities, the trustees have had due regard to the commission’s public benefit guidance.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is governed by its Memorandum and Articles dated 16 August 2008.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
06318127 (England and Wales)
Registered Charity number
1125609
Registered office
20-22 Wenlock Street London N1 7GU
Trustees
Iyas Anis Alqasem Tony Rahman Kevin Bibby Saskia Theresia Daniela Marsh
Company Secretary
Iyas Anis Alqasem
Independent Examiner
Alan Griffin FCA TBLC Limited
Approved by order of the board of trustees on 29 April 2022 and signed on its behalf by:
Iyas Anis Alqasem - Trustee
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Independent Examiner's Report to the Trustees of Hope and Play Ltd
Independent examiner's report to the trustees of Hope and Play Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I 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.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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 methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I 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.
TBLC Limited Alan Griffin FCA
29 April 2022
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Hope and Play Ltd
Statement of Financial Activities for the Year Ended 31 July 2021
| Unrestricted Restricted fund fund Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 30,951 - Other trading activities 2 - 54,651 Total 30,951 54,651 EXPENDITURE ON Raising funds 3 - 18,014 Charitable activities Trauma program - 43,214 Other 898 10,000 Total 898 71,228 NET INCOME/(EXPENDITURE) 30,053 (16,577) Transfers between funds 7 (17,000) 17,000 Net movement in funds 13,053 423 RECONCILIATION OF FUNDS Total funds brought forward 5,082 2,712 TOTAL FUNDS CARRIED FORWARD 18,135 3,135 |
31.7.21 31.7.20 Total Total funds funds £ £ 30,951 13,754 54,651 18,259 85,602 32,013 18,014 4,214 43,214 36,843 10,898 8,683 72,126 49,740 13,476 (17,727) - - 13,476 (17,727) 7,794 25,521 21,270 7,794 |
|---|---|
The notes form part of these financial statements
Page 4
Hope and Play Ltd
Balance Sheet
31 July 2021
| 31.7.21 | 31.7.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Debtors | 6 | 1,135 | - | 1,135 | 1,813 |
| Cash in hand | 17,000 | 3,135 | 20,135 | 5,981 | |
| 18,135 | 3,135 | 21,270 | 7,794 | ||
| NET CURRENT ASSETS | 18,135 | 3,135 | 21,270 | 7,794 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 18,135 | 3,135 | 21,270 | 7,794 | |
| NET ASSETS | 18,135 | 3,135 | 21,270 | 7,794 | |
| FUNDS | 7 | ||||
| Unrestricted funds | 18,135 | 5,082 | |||
| Restricted funds | 3,135 | 2,712 | |||
| TOTAL FUNDS | 21,270 | 7,794 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 29 April 2022 and were signed on its behalf by:
Iyas Anis Alqasem - Trustee
The notes form part of these financial statements
Page 5
Hope and Play Ltd Notes to the Financial Statements for the Year Ended 31 July 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
2. OTHER TRADING ACTIVITIES
| Shop income 3. RAISING FUNDS Other trading activities Purchases |
31.7.21 £ 54,651 31.7.21 £ 18,014 |
31.7.20 £ 18,259 |
|---|---|---|
| 31.7.20 £ 4,214 |
"Expenditure on raising funds" represents purchases of goods for resale and is funded by shop sales.
continued...
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Hope and Play Ltd
Notes to the Financial Statements - continued for the Year Ended 31 July 2021
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2021 nor for the year ended 31 July 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 July 2021 nor for the year ended 31 July 2020.
| 5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 13,754 | - | 13,754 | |
| Other trading activities | - | 18,259 | 18,259 | |
| Total | 13,754 | 18,259 | 32,013 | |
| EXPENDITURE ON | ||||
| Raising funds | - | 4,214 | 4,214 | |
| Charitable activities | ||||
| Trauma program | - | 36,843 | 36,843 | |
| Other | 249 | 8,434 | 8,683 | |
| Total | 249 | 49,491 | 49,740 | |
| NET INCOME/(EXPENDITURE) | 13,505 | (31,232) | (17,727) | |
| Transfers between funds | (25,000) | 25,000 | - | |
| Net movement in funds | (11,495) | (6,232) | (17,727) | |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 16,577 | 8,944 | 25,521 | |
| TOTAL FUNDS CARRIED FORWARD | 5,082 | 2,712 | 7,794 | |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN | ONE YEAR | ||
| 31.7.21 | 31.7.20 | |||
| £ | £ | |||
| Other debtors | 1,135 | 1,813 |
Other debtors represent the Charity's undrawn Paypal balance.
continued...
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Hope and Play Ltd
Notes to the Financial Statements - continued for the Year Ended 31 July 2021
7. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.8.20 | in funds | funds | 31.7.21 | |||
| £ | £ | £ | £ | |||
| Unrestricted funds | ||||||
| General fund | 5,082 | 30,053 | (17,000) | 18,135 | ||
| Restricted funds | ||||||
| Restricted fund | 2,712 | (16,577) | 17,000 | 3,135 | ||
| TOTAL FUNDS | 7,794 | 13,476 | - | 21,270 | ||
| Net movement in funds, included in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 30,951 | (898) | 30,053 | |||
| Restricted funds | ||||||
| Restricted fund | 54,651 | (71,228) | (16,577) | |||
| TOTAL FUNDS | 85,602 | (72,126) | 13,476 | |||
| Comparatives for movement in funds | ||||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.8.19 | in funds | funds | 31.7.20 | |||
| £ | £ | £ | £ | |||
| Unrestricted funds | ||||||
| General fund | 16,577 | 13,505 | (25,000) | 5,082 | ||
| Restricted funds | ||||||
| Restricted fund | 8,944 | (31,232) | 25,000 | 2,712 | ||
| TOTAL FUNDS | 25,521 | (17,727) | - | 7,794 | ||
| Comparative net movement in funds, included in the above are as follows: | ||||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 13,754 | (249) | 13,505 | |||
| Restricted funds | ||||||
| Restricted fund | 18,259 | (49,491) | (31,232) | |||
| TOTAL FUNDS | 32,013 | (49,740) | (17,727) |
continued...
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Hope and Play Ltd
Notes to the Financial Statements - continued for the Year Ended 31 July 2021
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.8.19 | in funds | funds | 31.7.21 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 16,577 | 43,558 | (42,000) | 18,135 | |
| Restricted funds | |||||
| Restricted fund | 8,944 | (47,809) | 42,000 | 3,135 | |
| TOTAL FUNDS | 25,521 | (4,251) | - | 21,270 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 44,705 | (1,147) | 43,558 |
| Restricted funds | |||
| Restricted fund | 72,910 | (120,719) | (47,809) |
| TOTAL FUNDS | 117,615 | (121,866) | (4,251) |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2021.
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Hope and Play Ltd
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 July 2021 | ||
| 31.7.21 | 31.7.20 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 30,951 | 13,754 |
| Other trading activities | ||
| Shop income | 54,651 | 18,259 |
| Total incoming resources | 85,602 | 32,013 |
| EXPENDITURE | ||
| Other trading activities | ||
| Purchases | 18,014 | 4,214 |
| Charitable activities | ||
| Grants to institutions | 43,214 | 36,843 |
| Support costs | ||
| Management | ||
| Advertising | 10,000 | 8,434 |
| Finance | ||
| Bank charges | 898 | 249 |
| Total resources expended | 72,126 | 49,740 |
| Net income/(expenditure) | 13,476 | (17,727) |
This page does not form part of the statutory financial statements
Page 10