OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Charity
Information		 Charity
Information
Report ofthe Trustees
Trustees'
Responsibilities
Statement
Independent Auditor's
Report .		 12
Charity Statement
of Financial
Activities.		 16
Consolidated Statement
of Financial		 Activities. 17
Consolidated and Company
Balance		 Sheets 18
Consolidated Statement
of Cash Flows		 19
Notes to the Financial Statements 20

Unrestricted Restricted 2022 2021
funds funds Total Total
Notes E E
Income from:
Donations
and non-performance		 grants 3 1,414,345 4,979,883 6,394,228 6,705,021
Income from charitable activities
Grants receivable 195,516 6,856,551 7,052,067 3,153,462
Other income 6,430 6,430 7,044
Income from investments 701 701 32
Total income 1,616,992 11,836,434 13,453,426 9,865,559
Expenditure
on:
Raising funds 918,006 918,006 1,031,763
Charitable
activities		 1,809,260 10,146,410 11,955,670 7,913,930
Total expenditure 2,727,266 10,146,410 12,873,676 8,945,693
Net income and net movement
funds		 in (1,110,274) 1,690,024 579,750 919,866
Total funds brought forward 1,337,270 4,806,764 6,144,034 5,224,168
Total funds carried forward 12,
13		 226,996 6,496,788 6,723,784 6,144,034

Unrestricted Restricted 2022 2021
funds funds Total Total
Notes E E E E
Income from:
Donations
and non-performance
grants		 1,343,747 4,979,883 6,323,630 6,626,885
Other trading activities
Retail
—sale of donated		 goods 482,728 482,728 336,441
COVID 19Business
grants		 interruption 96,310
Income from charitable
activities
Grants receivable 195,516 6,856,551 7,052,067 3,153,462
Other income 6,430 6,430 7,044
Income from investments 701 701 32
Total income 2,029,122 11,836,434 13,865,556 10,220,174
Expenditure
on:
Raising funds 1,322,631 1,322,631 1,386,378
Charitable
activities		 1,809,260 10,146,410 11,955,670 7,913,930
Total expenditure 3,131,891 10,146,410 13,278,301 9,300,308
Net income and net
in funds		 movement (1,102,769) 1,690,024 587,255 919,866
Total funds
brought		 forward 1,339,446 4,806,764 6,146,210 5,226,344
Total funds carried forward 12,
13		 236,677 6,496,788 6,733,465 6,146,210

Group Charity Charity
2022 2021 2022 2021
Notes f.
f.		 f. f.
Fixed assets
Tangible assets 506,534 509,841 499,259 508,024
Investment
properties		 125,000 125,000 125,000 125,000
Investments
—Subsidiary
Investments
—Bitcoin		 ga 29,836 77,306 29,836 77,306
661,370 712,147 654,096 710,331
Current assets
Debtors 10 2,026,039 1,131,070 2,584,482 1,527,238
Cash at bank and in hand 4,935,043 5,002,867 4,364,224 4,601,611
6,961,082 6,133,937 6,948,706 6,128,849
Creditors:
Amounts
due within
one
ear		 falling 11 (888,987) (699,874) (879,018) (695,146)
Net current assets 6,072,095 5,434,063 6,069,688 5,433,703
Total assets less
liabilities		 current 6,733,465 6,146,210 6,723,784 6,144,034
Funds ofthe charity
Unrestricted
funds		 236,677 1,339,446 226,996 1,337,270
Restricted
funds		 12 6,496,788 4,806,764 6,496,788 4,806,764
Totalfunds 13 6,733,465 6,146,210 6,723,784 6,144,034

1December 202 2
Notes 2022 2021
f. f.
Net cash
used in /		 rovided
b		 o eratin activities 16 53 621 345 318
Cash flows from investing
activities
Purchase of property, plant and equipment (14,904) (5,400)
Purchase of investments
in Bitcoin		 (99,193)
Disposal of investments in Bitcoin 273,291
Bank interest
received		 701 32
Net cash
rovided
b		 / used in investin activities (14,203) 168,730
(Decrease)/increase
in
year		 cash and cash equivalents in the (67,824) (176,588)
Cash and cash e uivalents
at the be
innin		 ofthe ear 5 002 867 5 179455
Total cash and cash e uivalents at the end ofthe ear 4,935,043 5,002,867


1December 20
.
Income
22 (continued)
22 (continued)
22 (continued)
22 (continued)
For the year ended 31December 2022 Unrestricted
income		 Restricted
income		 2022
Total
f. f. f.
Donations
and non-performance		 grants:
Donations
from individuals
and charitable
organisations
(including
Gift Aid)		 1,105,739 4,979,883 6,085,622
Gift Aid donation
from		 subsidiary 70,598 70,598
UK Care for Children 238,008 238,008
Charity only total 1,414,345 4,979,883 6,394,228
Gift Aid donation
from		 subsidiary (70,598) (70,598)
Group total 1,343,747 4,979,883 6,323,630
Income from charitable activities
Performance
related		 grants receivable:
Bangladesh
IDP Project		 2,516,088 2,516,088
OCHA Project 38,497 38,497
UNDP216 Project 104,103 104,103
UNDP217 Project 176,308 176,308
UNDP301 Project 85,249 85,249
UNDP327 Project 195,516 2,469,828 2,665,344
UNDP421 Project 474,123 474,123
WFP Project 992,355 992,355
Charity
and group total		 195,516 6,856,551 7,052,067
Other income
Rental income 6,430 6,430
Charity and group total 6,430 6,430
Income from investments
Bank deposit interest 701 701
Charity and group total 701 701

otes to the Consolidated
Financial S
1December 2022 (continued)

Income (continued)		 otes to the Consolidated
Financial S
1December 2022 (continued)

Income (continued)		 otes to the Consolidated
Financial S
1December 2022 (continued)

Income (continued)		 tatements
for th		 e year ende d
For the year ended 31December 2021 Unrestricted
income		 Restricted
income		 2021
Total
f. f. f.
Donations
and non-performance		 grants:
Donations
from individuals
and charitable
organisations
(including
Gift Aid)		 2,322,930 4,249,267 6,572,197
Gift Aid donation
from subsidiary		 132,023 132,023
Google advertising
—gift in		 kind 801 801
Charity only total 2,455,754 4,249,267 6,705,021
Gift Aid donation
from subsidiary		 (132,023) (132,023)
Furlough
income
in subsidiary		 53,887 53,887
Group total 2,377,618 4,249,267 6,626,885
Income from charitable activities
Performance
related
grants		 receivable:
Bangladesh
IDP Project		 1,364,659 1,364,659
OCHA Project 953,075 953,075
UNDP051 Project 31,924 31,924
UNDP216 Project 155,055 155,055
UNDP217 Project 176,092 176,092
UNDP327 Project 65,895 65,895
UNHabitat
Project		 8,043 8,043
WFP Project 398,719 398,719
Charity
and group total		 3,153,462 3,153,462
Other income
Rental income 6,080 6,080
Foreign currency
translation		 964 964
Charity and group total 7,044 7,044
Income from investments
Bank deposit interest 32 32
Charity and group total 32 32

otes to the Consolidated
Financial St
1December 2022 (continued)

Analysis of expenditure		 atements
for th		 e year ende d
For the year ended 31December 2022 Direct
costs		 Allocated
costs		 Total
2022
f.
Expendit'ure
on raising funds:
Donations
campaign		 202,665 202,665
Donations
- fundraising
activities		 242,456 472,885 715,341
Charity only total 242,456 675,550 918,006
Retail costs in subsidiary 404,625 404,625
Group total 647,081 675,550 1,322,631
Expenditure
on charitable activities:
Health,
education
and skills development		 449,530 318,175 767,705
Widows and orphans
support		 1,050,478 288,278 1,338,756
Qurbani 851,235 190,826 1,042,061
Emergency
and natural
disasters		 1,123,995 645,080 1,769,075
Grant funded
programmes		 6,671,172 366,901 7,038,073
10,146,410 1,809,260 11,955,670
Total expenditure
(charity only)		 10,388,866 2,484,810 12,873,676
Total expenditure
(group)		 10,793,491 2,484,810 13,278,301

For the year ended 31December 2021 Direct
costs		 Allocated
costs		 Total
2021
f.
Expenditure
on raising funds:
Donations
campaign		 171,180 171,180
Donations
- fundraising
activities		 461,163 399,420 860,583
Charity only total 461,163 570,600 1,031,763
Retail costs in subsidiary 354,615 354,615
Group total 815,778 570,600 1,386,378
Expenditure
on charitable activities:
Health,
education
and skills development		 504,664 258,700 763,364
Widows and orphans
support		 496,548 236,942 733,490
Qurbani 480,246 158,123 638,369
Emergency
and natural
disasters		 1,794,499 532,636 2,327,135
Grant funded
programmes		 3,153,462 298,110 3,451,572
6,429,419 1,484,511 7,913,930
Total expenditure
(charity only)		 6,890,582 2,055,111 8,945,693
Total expenditure
(group)		 7,245,197 2,055,111 9,300,308

Overseas
office
For the year ended
31December 2022		 Employment
costs		 Premises
costs
f		 Administration
costs		 overhead
costsf		 Total
2022
Donations
campaign		 99,495 16,472 86,698 202,665
Donations
-		 fundraising 232,154 38,435 202,296 472,885
activities
Health,
education
and		 skills 66,330 10,981 57,799 183,065 318,175
development
Widows and orphans support 82,912 13,727 72,249 119,390 288,278
Qurbani 66,330 10,981 57,799 55,716 190,826
Emergency and natural 207,280 34,317 180,621 222,862 645,080
disasters
Grant funded
ro rammes		 74 621 12 354 65 024 214 902 366901
829,122 137,267 722,486 795,935 2,484,810
Overseas
office
For the year ended
31December 2021		 Employment
costsf		 Premises
costsf		 Administration
costsf		 overhead
costsf		 Total
2021f
Donations
campaign		 112,003 15,937 43,240 171,180
Donations
- fundraising
activities		 261,341 37,185 100,894 399,420
Health,
education
and
development		 skills 74,669 10,624 28,827 144,580 258,700
Widows and orphans support 93,336 13,280 36,034 94,292 236,942
Qurbani 74,669 10,624 28,827 44,003 158,123
Emergency
and natural
disasters		 233,340 33,201 90,084 176,011 532,636
Grant funded
ro rammes		 84 003 11952 32 430 169725 298 110
933,361 132,803 360,336 628,611 2,055,111

t income for the year is stated after charging:
2022 2021
f. f.
Depreciation
of owned assets		 17,841 23,473
Foreign exchange
gain		 115,925 33,439
Operating
lease charges		 44,700 89,826
Auditor's
remuneration:
for the audit of
E13,500, 2021		 the financial
—f10,500)		 statements (Charity- 16,500 13,200
for the provision of other services 4,250 3,600

Information
regarding
trustees
and e		 mployees
2022 2021
f.
Staff costs comprise
Wages and salaries 972,123 1,047,258
Social security costs 79,258 79,113
Pension 20,971 21,795
1,072,352 1,148,166
0,000 is as fo llows:
2022 2021
Number Number

ofits
arising
in the sub
ises.

Fixed assets		 sidiary
are gi		 ft aided to th e parent
cha		 ritable
com		 pany
no corpor		 ation
tax
Group Freehold
land and		 Leasehold
land and		 Fixtures
and		 Motor Computer
buildings buildings fittings vehicles equipment Total
Cost
1january
2022		 534,519 20,000 86,474 8,993 84,117 734,103
Additions 10,218 4,686 14,904
Disposals (8,993) (8,993)
31 December 2022 534,519 20,000 96,692 88,803 740,014
Depreciation
1january
2022		 44,068 20,000 82,173 8,621 69,400 224,262
Charge for the year 7,345 2,906 7,588 17,839
Eliminated
in respect		 (8,621) (8,621)
of disposals
31 December 2022 51,413 85,079 76,988 233,480
Net book values
31 December 2022 483,106 11,613 11,815 506,534
31 December 2021 490,451 4,301 372 14,717 509,841

Charity Freehold
land and		 Leasehold
land and		 Fixtures
and		 Motor Computer
buildings buildings fittings vehicles equipment Total
f. f. f.
Cost
1january 2022 534,519 20,000 44,399 8,993 84,117 692,028
Additions 2,500 4,686 7,186
Disposals (8,993) (8,993)
31 December 2022 534,519 20,000 46,899 88,803 690,221
Depreciation
1january 2022 44,068 20,000 41,915 8,621 69,400 184,004
Charge for the year 7,345 646 7,588 15,579
Eliminated in respect (8,621) (8,621)
of disposals
31 December 2022 51,413 20,000 42,561 76,988 190,962
Net book values
31 December 2022 483,106 4,338 11,815 499,259
31 December 2021 490,451 2,484 372 14,717 508,024

2022 2021
UK investment property
Market value at 1 january 2022 and 31 December 2022 125,000 125,000

9.
Investments
(continued)		 9.
Investments
(continued)
Charity
Shares in subsidiary undertaking
Delta One Investments Limited
2022 2021
f.
Turnover
—sale		 of donated goods 482,728 336,441
Administrative expenses (404,625) (354,615)
Other operating income 150,197
Profit on ordinary activities for the financial year 78,103 132,023
Gift aid payment to Human Relief Foundation (70,598) (132,023)
Profit on ordinary activities before taxation
Tax on profit on ordinary activities
Profit retained for the financial year 7,505
The aggregate assets, liabilities and funds were: 2022 2021
f.
Fixed assets 7,275 1,817
Current assets 580,976 410,001
Liabilities (578,569) (409,641)
9,682 2,177
Represented by:
Called
up share		 capital
Profit and loss account 9,681 2,176
9,682 2,177

The Charity and the Group
2022 2021
Investment (cryptocurrencies)
Brought forward 77,306
Fair value of gift 251,404
Additions 99,193
Disposals (273,291)
Revaluation (47,470)
Carried
forward		 29,836 77,306

0.
Debtors
Group Charity
2022 2021 2022 2021
f. f.
Trade debtors 3,238 3,756 3,238 3,756
Amount
owed		 by subsidiary 568,600 404,913
Prepayments 495,661 218,144 495,661 218,144
Accrued
income		 1,482,234 874,442 1,482,234 874,442
Other debtors 39,271 34,728 29,114 25,983
Taxes and social security costs 5,635 5,635
2,026,039 1,131,070 2,584,482 1,527,238

Group Charity Charity
2022 2021 2022 2021
f.
Trade creditors 372,756 303,891 372,756 303,891
Other creditors 245,109 118,657 239,640 118,128
Accruals and grant commitments 271,122 274,471 266,622 270,272
Deferred income 2,855 2,855
888,987 699,874 879,018 695,146
Deferred income 2022
f.		 2021f
Deferred income at 1 january 2022 2,855 1,234,770
Amounts released from previous years (2,855) (1,234,770)
Income deferred during the year 2 855
Deferred income at 31 December 2022 2,855

12.
Movements
in		 12.
Movements
in		 restricted
fu		 nds
The Charity and the Group 13anuary Income Expenditure 31December
For the year ended
31December 2022		 2022
f		 f. 2022
f.
Health,
education
development		 and skills 148,126 299,323 (447,449)
Widow and orphan support 57,038 602,242 (659,280)
Qurbani 1,372,065 (851,235) 520,830
Emergency
appeals		 4,601,600 2,706,253 (1,331,895) 5,975,958
Bangladesh
IDP Project		 2,516,088 (2,516,088)
OCHA Project 38,497 (38,497)
UNDP216 Project 104,103 (104,103)
UNDP217 Project 176,308 (176,308)
UNDP301 Project 85,249 (85,249)
UNDP327 Project 2,469,828 (2,469,828)
UNDP421 project 474,123 (474,123)
WFP Project 992,355 992,355
4,806,764 11,836,434 (10,146,410) 6,496,788
13anuary Income Expenditure 31December
For the year ended
31December 2021		 2021 f. 2021
f.
Health,
education
development		 and skills 39,294 613,496 (504,664) 148,126
Widow and orphan support 553,586 (496,548) 57,038
Qurbani 480,246 (480,246)
Emergency
appeals		 3,794,160 2,601,939 (1,794,499) 4,601,600
Bangladesh
IDP Project		 1,364,659 (1,364,659)
OCHA Project 953,075 (953,075)
UNDP051 Project 31,924 (31,924)
UNDP216 Project 155,055 (155,055)
UNDP217 Project 176,092 (176,092)
UNDP327 Project 65,895 (65,895)
UNHabitat
Project		 8,043 (8,043)
WFP Project 398,719 398,719
3,833,454 7,402,729 (6,429,419) 4,806,764

Fund Nature
and application
Health,
education
skills development		 and Provides support
to beneficiaries
with healthcare,
such as
immunisations.
Also provides
beneficiaries
with sponsorship
in
educational
and skills courses to help them become self-reliant.
Widow and orphan Provides orphans
and vulnerable
families
with food, water, shelter,
support education
and accommodation.
Facilitates the requirements
ofthe donors where
it is obligatory
to
Qurbani perform
Qurbani.
The beneficiaries
of this fund are in the poorer
countries
who will benefit the most.
This is intended
to aid those beneficiaries
who urgently
require
Emergency appeals assistance
such as victims of earthquakes,
internally
displaced
people
as a result of conflict etc.
Bangladesh IDP Project Multi-sector
assistance
for displaced
Rohingya
refugees
in
Bangladesh.
OCHA Project Distribution
of sealing
off kits (SOKs) to 1,253 households
and 140
emergency
shelter repairs
in Kirkuk, Iraq.
UNDP051 Project Employment
of600 beneficiaries
for waste management
and removal
in Erbil and Sulayamniyah
governorates
in Iraq.
UNDP216 Project Promoting
economic recovery through
entrepreneurship
and business
creation
in Muthanna
Governorate
in Iraq.
Provision
of demand-driven
vocational
training
for youth
in Mosul,
UNDP217 Project Iraq,
in the construction
and housing
sectors informed
by a rapid		 local
market assessment.
UNDP301 Project Provision
for supporting
livelihood
through
agriculture
in Sinjar,
Sinune and AI-Mahalabia,
Ninawa
—Iraq.
Supporting
Livelihoods 5 Economic Reintegration
for the Returnee
UNDP327 Project Communities
in Iraq through
livelihood
interventions
including;
community-based
initiatives,
business
training,
grant distribution		 and
vocational
training.
UNDP421 Project Provide support to micro, small and medium-sized
enterprises
in
Sinjar and Sinunni,
Ninawa
—Iraq.
Delivering
daily school meals to 46,000 students
across 148schools		 in
WFP Qadisyah,
Iraq and to 15,000 students
across 57 schools
in Salad		 Al-
Din, Iraq.

Unrestricted Restricted Total
Group - as at 31December 2022 funds funds
f. f.
Tangible fixed assets 506,534 506,534
Investments 154,836 154,836
Current assets 464,294 6,496,788 6,961,082
Current liabilities 888 987 888 987
Total net assets 236,677 6,496,788 6,733,465
Unrestricted Restricted Total
Group - as at 31December 2021 funds funds
f. f.
Tangible fixed assets 509,841 509,841
Investments 202,306 202,306
Current assets 1,327,173 4,806,764 6,133,937
Current liabilities 699 874 699 874
Total net assets 1,339,446 4,806,764 6,146,210
Unrestricted Restricted Total
Charity - as at 31December 2022 funds funds
f. f.
Tangible fixed assets 499,259 499,259
Investments 154,837 154,837
Current assets 451,918 6,496,788 6,948,706
Current liabilities 879 018 879 018
Total net assets 226,996 6,496,788 6,723,784
Unrestricted Restricted Total
Charity - as at 31December 2021 funds funds
f. f.
Tangible fixed assets 508,024 508,024
Investments 202,307 202,307
Current assets 1,322,085 4,806,764 6,128,849
Current liabilities 695 146 695 146
Total net assets 1,337,270 4,806,764 6,144,034

se payment s under non-cancellable
operating		 leases which
fall due as follows:—		 leases which
fall due as follows:—
The Charity and the Group
2022
f		 2021
f
Due within 1 year 21,000 40,150
Due between 2 and 5 years 63,000 63,000
Due over 5 years 292,250 313,250
376,250 416,400

6.
Reconciliation
 of net mov ement
in funds to ne		 t cash flow from operating activities
2022f 2021
Net movement
in funds		 587,255 919,866
Adjustments
for:
Depreciation
charges		 17,841 23,473
Interest
received		 (701) (32)
Gift in kind —cryptocurrencies (251,404)
Decrease
in investment		 47,470
Increase
in debtors		 (894,969) (228,048)
Increase/(decrease) in creditors 189,113 (809,173)
Net cash provided
by		 operating activities (53,621) (345,318)

Unrestricted Restricted 2021
funds funds Total
E E E
Income from:
Donations
and non-performance		 grants 2,455,754 4,249,267 6,705,021
Income from charitable activities
Grants receivable 3,153,462 3,153,462
Other income 7,044 7,044
Income from investments 32 32
Total income 2,462,830 7,402,729 9,865,559
Expenditure
on:
Raising funds 1,031,763 1,031,763
Charitable
activities		 1,484,511 6,429,419 7,913,930
Total expenditure 2,516,274 6,429,419 8,945,693
Net income and net movement
funds		 in (53,444) 973,310 919,866
Total funds brought forward 1,390,714 3,833,454 5,224,168
Total funds carried forward 1,337,270 4,806,764 6,144,034

Unrestricted Restricted 2021
funds funds Total
E E
Income from:
Donations
and non-performance
grants		 2,377,618 4,249,267 6,626,885
Other trading activities
Retail
—sale of donated		 goods 336,441 336,441
COVID 19Business
grants		 interruption 96,310 96,310
Income from charitable
activities
Grants receivable 3,153,462 3,153,462
Other income 7,044 7,044
Income from investments 32 32
Total income 2,817,445 7,402,729 10,220,174
Expenditure
on:
Raising funds 1,386,378 1,386,378
Charitable
activities		 1,484,511 6,429,419 7,913,930
Total expenditure 2,870,889 6,429,419 9,300,308
Net income and net
in funds		 movement (53,444) 973,310 919,866
Total funds
brought		 forward 1,392,890 3,833,454 5,226,344
Total funds carried forward 1,339,446 4,806,764 6,146,210