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2024-01-31-accounts

COMPANY REGISTRATION NUMBER: England & Wales 06225876 CHARITY REGISTRATION NUMBER: England & Wales 1139457

HALAL FOOD FOUNDATION LIMITED

Annual Report and Consolidated Financial Statements

31 January 2024

Page 1 of 22

HALAL FOOD FOUNDATION LIMITED

Company Limited by Guarantee

Annual Report and Consolidated Financial Statements

Year ended 31 January 2024

Page
Charity information 3
Trustees' annual report (incorporating the director's report) 4-6
Independent auditor's report to the members
 7-11
Consolidated and Parent Statement of Financial Activities
(including income and expenditure account)
 12-13
Consolidated and Parent Statement of Financial Position
 14-15
Consolidated Statement of Cash Flows 16
Notes to the financial statements
 17-22

Page 2 of 22

HALAL FOOD FOUNDATION LIMITED

Year ended 31 January 2024

CHARITY INFORMATION

Registered Charity Name Halal Food Foundation Limited Charity Registration Number 1139457 Registered/Principal Office Unit 15 Linen House, 253 Kilburn Lane, London W10 4BQ Trustees Dr Abdul Matin Khan Dr Ghayasuddin Siddiqui Mr Muhammad Faraz Aslam Mr Ehsan Shahid Choudhry Mr Ahmed Latif Mr Riaz Patel Dr Rizwan Khan Auditors K K Associates Chartered Accountants and Statutory Auditor 305 Crown House North Circular Road Park Royal London NW10 7PN Solicitors Lee Bolton Monier-Williams LLP 1 The Sanctuary, Westminster London SW1P 3JT Bankers Barclays Bank PLC 1 Churchill Place London E14 5HP

Page 3 of 22

HALAL FOOD FOUNDATION LIMITED

TRUSTEES ANNUAL REPORT YEAR ENDED 31 JANUARY 2024

The trustees who are also directors of the charitable company for the purposes of Companies Act 2006 present their report and audited accounts for the year ended 31 January 2024. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s governing document, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard FRS 102 issued in 2019.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The affairs of Halal Food Foundation Limited are governed by the memorandum and articles of association written on incorporation on 25 April 2007 as amended by special resolution dated 29 November 2010.

The charity is managed by a board of trustees who are actively engaged in the overall management and control of the charity. Halal Food Foundation Limited (HFF) is a registered charity and has a trading subsidiary Halal Food Authority Limited (HFA), which is a limited company with shares and operates as a commercial organisation in line with its Memorandum and Articles of Association.

HFF’s Board of Trustees consists of seven Trustees who are highly qualified and experienced. They meet regularly and monitor the activities of charity and its subsidiary HFA through regular meetings to review performance and financial management. The trustees are responsible for the management of HFF and also oversee the management of HFA to ensure it is operating efficiently and effectively. HFA operates on a commercial basis and has a Board of Directors. HFA’s Board of Directors works hand in glove with the Trustees of HFF to ensure that HFA’s Governance and Financial Management are monitored. This is done through quarterly meetings where the Chairman and senior management of HFA presents the summary of achievements and review the financial performance through Budgets and Budgetary Control.

In the year ended 31 January 2024, the following persons served as trustees of Halal Food Foundation Limited:

Dr Abdul Matin Khan Dr Ghayasuddin Siddiqui Mr Muhammad Faraz Aslam Mr Ehsan Shahid Choudhry Mr Ahmed Latif Mr Riaz Patel Dr Rizwan Khan

Page 4 of 22

HALAL FOOD FOUNDATION LIMITED

TRUSTEES ANNUAL REPORT YEAR ENDED 31 JANUARY 2024 (continued)

OBJECTIVES AND ACTIVITIES

The charity’s objectives are to advance the education of the public by providing training, workshops and educational material relating to the Qur’anic obligations placed on Muslims for adherence of dietary rules enabling consumption of halal meat, poultry and other food items. No grant was received from any government or private organization.

FINANCIAL REVIEW

The income of HFA donated to HFF this year was higher than previous year. We anticipate that this income will increase in future years. The charity has a robust Balance Sheet and is expecting to increase activity in the future.

RISK MANAGEMENT

The charity takes robust steps to manage the risks involved in achieving of its aim and objectives. The Board of Trustees reviews significant risks and makes sure that they are taking appropriate measures to manage and reduce their impact. Managers manage resources, monitor performance, and have also established, and manage, an effective internal control environment. This is supported by systems, processes, and procedures.

PUBLIC BENEFIT

The charity develops strategic plans to make certain that we provide maximum public benefit and achieve our strategic objectives, which fall under purposes defined by the Charities Act 2011 and public benefit guidance published by the Charity Commission.

RESPONSIBILITIES OF THE TRUSTEES

The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations.

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and the income and expenditure of the charity for that period.

Page 5 of 22

HALAL FOOD FOUNDATION LIMITED

TRUSTEES ANNUAL REPORT YEAR ENDED 31 JANUARY 2024 (continued)

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

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and 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 applicable Charity (Accounts and Reports) Regulations, 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.

FUNDRAISING

HFF has no direct fund raising activity during the year ended 31 January 2024. HFF’s only source of income was the surplus transferred by its subsidiary namely HFA.

AUDITORS

Each of the persons who is trustee at the date of approval of this report confirms that:

K K Associates, Chartered Accountants and Registered Auditors, have been re-appointed as auditors for the ensuing year.

Signed on behalf of the trustees

Unit 15 Linen House 253 Kilburn Lane, London W10 4BQ

Date: 29 November 2024

Dr Abdul Matin Khan Chairman Board of Trustees

Page 6 of 22

HALAL FOOD FOUNDATION LIMITED

Company Limited by Guarantee

Independent Auditor's Report to the Members of Halal Food Foundation Limited

Year ended 31 January 2024

Opinion

We have audited the financial statements of Halal Food Foundation Limited (the ‘parent 'charitable company') and its sole subsidiary (the ‘group’) for the year ended 31 January 2024 which comprise the consolidated and parent charity’s statements of financial activities (including income and expenditure account), consolidated and parent charities statements of financial position, consolidated statement of cash flows and the related notes, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard 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 state of the group’s and parent charitable company’s affairs as at 31 January 2024 and of the group’s incoming resources and application of resources, including its income and expenditure, for the year then ended;

· have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;

· have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with 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 with 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 performed, we have not identified any material uncertainties

Page 7 of 22

HALAL FOOD FOUNDATION LIMITED

Company Limited by Guarantee

Independent Auditor's Report to the Members of Halal Food Foundation Limited (continued)

Year ended 31 January 2024

relating to events or conditions that may cast significant doubt on the charitable company'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 trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, 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 with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, 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.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Page 8 of 22

HALAL FOOD FOUNDATION LIMITED

Company Limited by Guarantee

Independent Auditor's Report to the Members of Halal Food Foundation Limited (continued)

Year ended 31 January 2024

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

or

· The trustees were not entitled to prepare the financial statements in accordance with the small companies’ regime and take advantage of the small companies’ exemptions in preparing the trustees’ report and from the requirement to prepare a strategic report.

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement, the trustees (who are also the directors of the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the group and parent charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

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 error, 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

Page 9 of 22

HALAL FOOD FOUNDATION LIMITED

Company Limited by Guarantee

Independent Auditor's Report to the Members of Halal Food Foundation Limited (continued)

Year ended 31 January 2024

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.

The extent 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 entity, which it has to comply with. Our audit tests included tests to check this compliance to the extent that we are expected to do so.

· in our risk assessment process detailed discussions and planning took place to ensure that our audit procedures are so designed that any material irregularity including fraud will be uncovered when we carry out our tests.

· in addition, our meetings with the company's management included enquiries that were focused on detection of irregularities including fraud. Discussions included consideration of the risk of management override on controls and segregation of duties.

· as part of our audit, we reviewed all significant transactions that took place during the year. In addition, we reviewed Board minutes and any correspondence with all regulatory authorities.

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

· Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

· Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control.

· Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees.

· Conclude on the appropriateness of the trustees' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charitable company's ability to continue as a going concern. If we conclude that a material

uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charitable company to cease to continue as a going concern.

Page 10 of 22

HALAL FOOD FOUNDATION LIMITED

Company Limited by Guarantee

Independent Auditor's Report to the Members of Halal Food Foundation Limited (continued)

Year ended 31 January 2024

· Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's 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 charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Kamal A. Kureshi (Senior Statutory Auditor)

For and on behalf of K K Associates, Statutory Auditor 305 Crown House, North Circular Road Park Royal, London NW10 7PN

29 November 2024

Page 11 of 22

Halal Food Foundation Limited

Consolidated Statement of Financial Activities including

Income and Expenditure Account For the year ended 31 January 2024

Notes
Income from:
Donations and legacies
Other trading activities
2&3
Investments
4
Total income
Expenditure on:
Raising funds
Charitable activities
5
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
13
Total funds carried forward
13		 Unrestricted
funds
£
2024		 Total
funds
Total
funds
£
£
2024
2023		 Total
funds
Total
funds
£
£
2024
2023
- - -
1,450,656 1,450,656 1,202,096
129 129 4
1,450,785 1,450,785 1,202,100
- - -
1,377,795 1,377,795 1,265,887
1,377,795 1,377,795 1,265,887
72,990 72,990 (63,787)
72,990 72,990 (63,787)
1,067,796 1,067,796 1,131,583
1,140,786 1,140,786 1,067,796

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The notes on pages 17 to 22 form part of these financial statements.

Page 12 of 22

Halal Food Foundation Limited

Parent Charity's Statement of Financial Activities

including

Income and Expenditure Account For the year ended 31 January 2024

Notes
Income from:
Donations and legacies
2&3
Other trading activities
Investments
4
Total income
Expenditure on:
Raising funds
Charitable activities
5
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
13
Total funds carried forward
13		 Unrestricted
funds
£
2024		 Total
funds
Total
funds
£
£
2024
2023		 Total
funds
Total
funds
£
£
2024
2023
139,115 139,115 15,425
- - -
129 129 4
139,244 139,244 15,429
- - -
66,254 66,254 79,216
66,254 66,254 79,216
72,990 72,990 (63,787)
72,990 72,990 (63,787)
1,067,796 1,067,796 1,131,583
1,140,786 1,140,786 1,067,796

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The notes on pages 17 to 22 form part of these financial statements.

Page 13 of 22

Halal Food Foundation Limited

Consolidated and Parent Charity's Balance Sheets as at 31 January 2024

Notes
Fixed assets
Tangible assets
10
Investments
2&3
Total fixed assets
Current assets
Debtors
11
Cash at bank and in hand
Total current assets
Creditors: amounts falling
due within one year
12
Net current
assets/(liabilities)
Total assets less current
liabilities
Total net assets or
liabilities
13
Funds of the Charity
Unrestricted funds
Total funds
13		 Group
31-Jan-24
£		 Charity
31-Jan-24
£

-
1
1
870,627
288,674
1,159,301
18,516
1,140,785
1,140,786
1,140,786
1,140,786
1,140,786		 Group
31-Jan-23
£		 Charity
31-Jan-23
£
444,639
-		 458,870
-
- 1 - 1
444,639 1 458,870 1
249,407 870,627 296,533 726,267
573,464 288,674 448,563 353,479
822,871 1,159,301 745,096 1,079,746
126,724 18,516 136,170
11,951
696,147 1,140,785 608,926 1,067,795
1,140,786 1,140,786 1,067,796 1,067,796
1,140,786 1,140,786 1,067,796 1,067,796
1,140,786 1,140,786 1,067,796 1,067,796
1,140,786 1,140,786 1,067,796 1,067,796

These financial statements have been prepared in accordance with the provisions applicable to small companies' regimes set out in part 15 of the Companies Act 2006.

The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 and Charities Act 2011 with respect to accounting records and preparation of accounts.

The notes on pages 17 to 22 form part of these financial statements.

Page 14 of 22

Halal Food Foundation Limited

Consolidated and Parent Charity's Balance Sheets as at 31 January 2024 (continued)

These financial statements were approved by the board of trustees and authorised for issue on 29 November 2024, and are signed on behalf of the board by:

Dr Abdul Matin Khan Chairman Board of Trustees

The notes on pages 17 to 22 form part of these financial statements.

Page 15 of 22

Halal Food Foundation Limited

Consolidated Statement of Cash Flows year ended 31 January 2024

Notes
Cash flows from operation activities
Net (deficit)/income
Adjustments for:
Depreciation of tangible fixed assets
10
Other interest receivable and similar income
4
Changes in:
Trade and other debtors
11
Trade and other creditors
12
Cash generated from operations
Interest received
4
Net cash from operating activities

Cash flows from investing activities
Purchase of tangible assets
10
Net cash from investing activities

Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of
year
Cash and cash equivalents at end of year		 2024
2023
£
£		 2024
2023
£
£
72,990 (63,787)
18,725 19,677
(129) (4)
47,126 56,906
(9,446) 21,672
129,266 34,464
129 4
129,395 34,468
(4,494) (453,372)
(4,494) (453,372)
124,901 (418,904)
448,563 867,467
573,464 448,563

The notes on pages 17 to 22 form part of these financial statements.

Page 16 of 22

HALAL FOOD FOUNDATION LIMITED NOTES TO THE FINANCIAL STATEMENTS Year ended 31 January 2024

1. ACCOUNTING POLICIES

a) Basis of preparation

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the requirements of the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland FRS102 issued in 2019, and the Charities Act 2011.

The Trust constitutes a public benefit entity as defined by FRS 102.

b) Funds structure

The charity has unrestricted funds. The sole donor, which is the charity’s trading subsidiary Halal Food Authority Ltd, has not placed any restrictions on the donations. The charity is of course regulated by the requirements contained in its constitution documents.

c) Income recognition

All income is recognised when the trading subsidiary has confirmed the donation to the charity. The Trustees consider this to be the appropriate principle.

d) Expenditure recognition

Expenditure is recognised when the liability is confirmed. The charity follows a strict evaluation and approval procedure for charitable expenditure and funds are disbursed upon approval.

e) Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Page 17 of 22

HALAL FOOD FOUNDATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (continued) Year ended 31 January 2024

2. DONATIONS, TRADING SUBSIDIARY AND TRADING INCOME

Donations
Trading subsidiary revenues		 2024
2024
2023
2023
Group
Parent
Group
Parent
£
£
£
£		 2024
2024
2023
2023
Group
Parent
Group
Parent
£
£
£
£		 2024
2024
2023
2023
Group
Parent
Group
Parent
£
£
£
£		 2024
2024
2023
2023
Group
Parent
Group
Parent
£
£
£
£		 2024
2024
2023
2023
Group
Parent
Group
Parent
£
£
£
£
- 139,115 - 15,425
1,450,656
-		 1,202,096
-

Halal Food Authority Limited (registered in England & Wales company number 06273989) is the trading subsidiary 100% owned by the charity Halal Food Foundation Ltd. All surplus made by Halal Food Authority Limited is donated to the charity Halal Food Foundation Limited. See note 3.

3. RESULTS OF TRADING SUBSIDIARY (Halal Food Authority Limited)

Income statement of trading subsidiary
Subsidiary trading income
Operating and administrative costs
Net profit donated to Halal Food Foundation Ltd
Balance Sheet of trading subsidiary
Fixed assets
Current assets
Current liabilities
Long term liabilities
Total net assets
Issued share capital, no reserves		 2024
£		 2023
£
1,450,656 1,202,096
(1,311,541) (1,186,671)

139,115

15,425
444,639 458,870
531,352 372,508
(108,208) (124,219)

(867,782)
(707,158)

1
1
1 1

4. INVESTMENT INCOME

INVESTMENT INCOME
Total Total
Unrestricte Funds Unrestrict Funds
d Funds 2024 ed Funds 2023
£ £ £ £
Bank interest receivable 129 129 4 4
=========== ========= ======== ======

Page 18 of 22

HALAL FOOD FOUNDATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (continued) Year ended 31 January 2024

5. EXPENDITURE ON CHARITABLE ACTIVITIES

Halal food certification - expenditure
incurred by trading subsidiary
Governance and support costs		 2024
£
Group		 2024
£
Parent

-

66,254

66,254		 2023
£
Group		 2023
£
Parent
1,286,841
-		 1,161,019
-
90,954
66,254		 104,868
79,216
1,377,795
66,254		 1,265,887
79,216

6. GOVERNANCE AND SUPPORT COSTS

Staff costs
External audit
Legal and professional
Office costs
Depreciation
Total		 2024
2024
£
£
Group
Parent
50,760 50,760
11,950
5,975
7,121
7,121
2,398
2,398
18,725-
90,954
66,254		 2024
2024
£
£
Group
Parent
50,760 50,760
11,950
5,975
7,121
7,121
2,398
2,398
18,725-
90,954
66,254		 2023
2023
£
£
Group
Parent		 2023
2023
£
£
Group
Parent

50,760		 50,760
49,465		 49,465
11,950
5,975		 11,950
5,975
7,121
7,121		 11,425 11,425
2,398
2,398		 12,351
12,351
18,725 - 19,677
-
90,954 66,254 104,868
79,216

7. NET INCOMING RESOURCES FOR THE YEAR

This is stated after charging:

his is stated after charging:
External audit fees
Depreciation		 2024
£
Group		 2024
£
Parent
5,975

-		 2023
£
Group		 2023
£
Parent

11,950		 5,975
11,950		 5,975
18,725
-		 19,677
-

Page 19 of 22

HALAL FOOD FOUNDATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (continued) Year ended 31 January 2024

8. CONSOLIDATED STAFF COSTS AND EMOLUMENTS

Total staff costs were as follows:

Total staff costs were as follows:
Gross salaries
Employers NI
Pension
Total		 2024
2023
£
£
480,644 485,768
41,007 40,338
7,986 6,973
529,637 533,079
The average number of employees during the year was as follows: The average number of employees during the year was as follows:
2024 2023
No. No.
Number of permanent staff 15 15

No employee received remuneration of more than £60,000 during the year (2023 - Nil).

9. TRUSTEES AND RELATED PARTY TRANSACTIONS

No remuneration or benefits or expenses were paid to trustees by the charity Halal Food Foundation Limited during this year and the previous year.

The only related party transaction that took place during this and the previous year was donation of net surplus by the trading subsidiary Halal Food Authority Limited to Halal Food Foundation Limited. The amounts were £139,115 (2023 - £15,425).

Page 20 of 22

HALAL FOOD FOUNDATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (continued) Year ended 31 January 2024

10. TANGIBLE FIXED ASSETS

(No fixed assets in parent charitable company accounts)

Cost
At 1 February 2023
Additions
At 31 January 2024
Depreciation
At 1 February 2023
Charge for the year
At 31 January 2024
Carrying amount
At 31 January 2024
At 31 January 2023		 Long
leasehold
property
£		 Fixtures,
fittings and
equipment
£		 Total
£
420,126
106,132
526,258
-
4,494
4,494
420,126
110,626
530,752
-
67,388
67,388
-
18,725
18,725
-
86,113
86,113
420,126
24,513
444,639
420,126
38,744
458,870

11. DEBTORS

Trade debtors
Receivable from subsidiary company
Other debtors
Total		 2024
2024
£
£
Group
Parent
171,487
-
-867,782
77,920
2,845
249,407
870,627		 2024
2024
£
£
Group
Parent
171,487
-
-867,782
77,920
2,845
249,407
870,627		 2023
2023
£
£
Group
Parent		 2023
2023
£
£
Group
Parent

171,487
-
249,737
-
707,158
19,109
726,267
- 867,782 -
77,920
2,845		 46,796
249,407
870,627		 296,533

Page 21 of 22

HALAL FOOD FOUNDATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (continued) Year ended 31 January 2024

12. CREDITORS: Amounts falling due within one year

Trade creditors
Social security and other taxes
Other creditors
Total		 2024
£
Group		 2024
£
Parent

-

591

17,925

18,516		 2023
£
Group		 2023
£
Parent
36,134
-		 32,380
-
88,190
591		 72,644
-
2,400
17,925		 31,146
11,951
126,724
18,516		 136,170
11,951

13. UNRESTRICTED INCOME FUNDS

Accumulated funds brought forward
Net surplus/(deficit) of the year
Accumulated funds carried forward		 2024
£
Unrestricted
and total		 2023
£
Unrestricted
and total
1,067,796 1,131,583
72,990 (63,787)
1,140,786 1,067,796

14. SUMMARY OF ASSETS AND LIABILITIES OF EACH CATEGORY OF FUNDS OF THE CHARITY

All charity Balance Sheet items fall in the Unrestricted Funds category.

15. CONTROLLING PARTY

The charitable company is controlled by its members who are also its trustees.

16. CHARITABLE COMPANY STATUS

Halal Food Foundation Limited is a private company limited by guarantee without share capital. It is incorporated and registered in England & Wales.

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