OpenCharities

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

2023-03-31-accounts

Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report for theperiod for theperiod for theperiod
**From ** Period start date To Period end date
01 April 2022 31 March 2023

Section A Reference and administration details

NEEDS INTERNATIONAL

Charity name Other names charity is known by Registered charity number (if any) 1139667 Charity's principal address UNIT 8/QF, ANCHOR HOUSE

N/A

THORNHILL RD DEWSBURY Postcode WF12 9QF

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
MOHAMMED
ISHAQ KHAN
FAROOQ ISMAIL
IDRIS PATEL

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

March 2020

TAR

1

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

TRUST DEED

How the charity is constituted

TRUST

Trustee selection methods

ELECTED BY TRUSTEES

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

To help the orphans in Accra (Ghana) and the poor within the city and the northern area of Tamale; By providing them with adequate shelter, food, sanitation, clothing, medicine, care and an education to sustain them and their families.

March 2020

TAR

2

Continuation of the help and assistance towards the orphans and the poor, specifically the younger adults and children We continued to fund the orphans and the poor within Accra and the region of Tamale. Some extensive improvements were made to the school and the premises. With the rising costs for resources, the teachers and staff required an increase in their wage. Summary of the main activities undertaken for the We also helped to build water tanks in the region of Tamale. public benefit in relation to these objects (include within We increased our efforts to acquire more donations through messaging this section the statutory the local community, friends and family. declaration that trustees have had regard to the guidance Voluntary visits from the UK took place, gaining more insight into the issued by the Charity conditions of the children and also to re-establish the focus to help the Commission on public needy. Ensuring we have the right resources and strategies in place. benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

March 2020

TAR

3

Section D Achievements and performance

Summary of the main achievements of the charity during the year

March 2020

TAR

4

Section E Financial review

None

Brief statement of the charity’s policy on reserves

Details of any funds materially N/A in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) MR FAROOK ISMAIL Position (eg Secretary, Chair Trustee etc) Date 11/12/2023

March 2020

TAR

5

NEEDS INTERNATIONAL

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

Incoming Resources
Donations received
Gift Aid
Total Incoming Resources
Resouces Expended
Charitable Donations
Teachers Fees
Insurance
Repairs and Mainteance
Audit fees
Advertisement
Orphanage Donation
Professional Fees
Bank Charges
Total resources expended
Surplus / (deficit) of Income
Note
1.2
1.3
Unrestricted Unrestricted Restricted Restricted 126,775
4,938
131,713
16,592
1,180
-
-
-
240
122,986
225
335
141,558
9,845
-
2023
75,999
7,442
83,441
2022
-
4,938
4,938
-
-
-
240
-
225
335
800
4,138
funds
126,775
-
126,775
16,592
1,180
-
-
122,986
-
-
140,758
13,983
funds
11,951
2,161
-
-
630
480
69,875
220
93
85,410
- - 1,969

NEEDS INTERNATIONAL

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

Incoming Resources
Donations received
Gift Aid
Total Incoming Resources
Resouces Expended
Charitable Donations
Teachers Fees
Insurance
Repairs and Mainteance
Audit fees
Advertisement
Orphanage Donation
Professional Fees
Bank Charges
Total resources expended
Surplus / (deficit) of Income
Note
1.2
1.3
Unrestricted Unrestricted Restricted Restricted 126,775
4,938
131,713
16,592
1,180
-
-
-
240
122,986
225
335
141,558
9,845
-
2023
75,999
7,442
83,441
2022
-
4,938
4,938
-
-
-
240
-
225
335
800
4,138
funds
126,775
-
126,775
16,592
1,180
-
-
122,986
-
-
140,758
13,983
funds
11,951
2,161
-
-
630
480
69,875
220
93
85,410
- - 1,969

NEEDS INTERNATIONAL

BALANCE SHEET AS AT 31 MARCH 2023

FIXED ASSETS
CURRENT ASSETS
Prepaymnets
Balance at Bank
CURRENT LIABILITIES
Creditors and Accrua
Net Current Assets
Long Term Loans
REPRESENTED BY:
CAPITAL ACCOUNT
Reserve
Surplus Income for Year
Note
2
3



Unrestricted Unrestricted -
-
15,876
15,876
-
15,876
15,876
25,056
13,983
-

11,073
Restricted
funds
-
-
15,876
15,876
665
15,211
-
15,211
24,391
9,845


14,546
2023
-
-
25,496
2022
-
-
-
-
665
665

665

665

4,138

3,473
funds
25,496
440
- 25,056
- -
25,056
- - - - 27,025
1,969
25,056

NEEDS INTERNATIONAL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

1. ACCOUNTING POLICIES

1.1 Bases of Accounting

The financial statements have been prepared under the historical cost convention. as modified by the revaluation of certain fixed assets and in accordance with:

Financial reporting standards for smaller entities Accounting and reporting by Charities - Sorp issued in 2005 Charities Act 2011

1.2 Fund Accounting

General Or Unrestricted funds are those which are used at the discretion of the trustees in furtherance of the general objective of the charity

Restricted funds are those which are to be used in accordance with specific restrictions imposed by donors or raised by charity for a particular purposes.

1.3 Resources Expended

Resources expended are included in the statement of Financial activities on an accrual bases inclusive of any VAT which cannot be recoverable.

1.4 Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes

2. CURRENT ASSETS

HSBC Acc No 91785222
HSBC Acc NO 91813552
HSBC Acc No 54502779
3. CREDITORS & ACCRUALS
Professional Fees
5. TRUSTEES & RELATED PARTIES
Trustees expenses and remuneration
Number of trustees who were paid expenses
Total amount Paid
Trustees Remuneration
2,023
10,016
5,861
-
15,876
2,023
665
-
665
2,023
None
Nil
Nil
Nil
2,022
15,895
9,601
-
25,496
2,022
440
-
440
2,022
None
Nil
Nil
Nil