2024-03-31-accounts - Needs International

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Trustees’ Annual Report for the period

From 1[st] April 2024 To 31[st] March 2024

Charity name: Needs International

Charity registration number: 1139667

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Our ongoing efforts is to support orphans in Accra, Ghana, as well as impoverished communities within the city and the northern region around Tamale. Through targeted initiatives, we aim to provide these vulnerable people with stable housing, adequate nutrition, access to clean water, proper sanitation, suitable clothing, essential medical care, and education. By addressing these foundational needs, we strive to empower individuals and families to attain a sustainable quality of life. Our focus remains on sustaining and enhancing aid for both orphans and underprivileged communities, with particular emphasis on assisting children and young adults who face heightened risks due to poverty. We have continued to allocate funding to these efforts, ensuring that orphans and economically disadvantaged families in Accra and Tamale receive ongoing support. Several impactful developments were made in recent periods, notably in educational facilities and infrastructure. Enhancements were carried out in the school, which included upgrading classrooms, medical facilities, IT resources, and staff rooms to foster a supportive environment conducive to learning and care. In response to rising operational costs and the increasing demands on resources, wage adjustments were made to fairly compensate teachers and staff who play a critical role in maintaining these support systems. Recognising the need for consistent access to clean water, we assisted in constructing water storage tanks in the Tamale region. These tanks are a vital resource,helpingto secure a reliable

supply of water for both daily use and sanitary needs, thereby reducing water scarcity issues in these communities. To bolster funding for our initiatives, we have outreached efforts within the local community and beyond, reaching out to friends, family, and supportive networks for additional contributions. Furthermore, we coordinated volunteer visits from the United Kingdom, which provided valuable insights into the conditions of the children and families we serve. These visits are not only instrumental in assessing needs but also in reaffirming our commitment and refining our approach to aid, ensuring that our strategies remain aligned with the evolving needs of the communities. Through these ongoing efforts, we remain steadfast in our dedication to supporting the vulnerable populations of Accra and Tamale, working toward a brighter and more sustainable future for all. Summary of the main Para 1.17 and 1.19 activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming Para 1.18 whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers

Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	- Provided funding for further education for the Orphans. - Provided further finance and helped to supply more food to the remote areas of Tamale for the poor. - Acquired donations to build water tanks in Tamale. - Provided an increase in Staff and Teacher wage in Accra. - Provided funds for the well-being of the children - Help fund extensive restoration and improvements to the buildings occupied by the children. - Continued the good progress of education for the school. - Continued support to more education centres in Tamale - Financed education for the poor children of Tamale and the teachers. - Sent finance to distribute food to more villages.

Additional information (optional) You may choose to include further statements where relevant about:


Achievements against objectives set	Para 1.41	As above
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Financial position is adequate with continued support by previous donors, and also increasing interest in the community
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	We have not in the past, and also do not plan in the future to hold any reserves beyond each financial period. All funds acquired, are sufficient for the projects intended. Any further finance required, we reach out for more fund raising. Any reserves will be already allocated and only delayed due to work pending or adjustments in schedules.
Amount of reserves held	Para 1.22	N/A
Reasons for holding zero reserves	Para 1.22	As explained above.
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	No uncertainties.

Additional information (optional)	Additional information (optional)	Additional information (optional)
You may choose to include further statements where relevant about:
			We have outreached efforts within the local
			community and beyond, reaching out to
	The charity’s principal sources of funds (including	Para 1.47	friends, family, and supportive networks for additional contributions.
	any fundraising)		Fundraising events are very rare, and only
			noteworthy when using a donation stall on a
			retail car park attracting donations from the
			general shoppers footfalls.

Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:	Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	We have outreached efforts within the local community and beyond, reaching out to friends, family, and supportive networks for additional contributions. Fundraising events are very rare, and only noteworthy when using a donation stall on a retail car park attracting donations from the general shoppers footfalls.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	TRUST DEED
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	TRUST
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	ELECTED BY TRUSTEES

Additional information (optional) You may choose to include further statements where relevant about:


Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charityname	NEEDS INTERNATIONAL
Other name the charity uses	N/A
Registered charitynumber	1139667
Charity’s principal address	UNIT 8/QF, ANCHOR HOUSE THORNHILL RD DEWSBURY WF12 9QF

Names of the charity trustees who manage the charity

1 2 3 4	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (if any)
	MOHAMMED ISHAQ KHAN
	FAROOQ ISMAIL
	IDRIS PATEL

– Corporate trustees names of the directors at the date the report was approved

Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of	Name	Address
adviser

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

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	MR FAROOK ISMAIL
	TRUSTREE
	30/10/2024
	30/10/2024

NEEDS INTERNATIONAL

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

Responsibilities and basis of report Independent examiner’s statement

I report to the trustees on my examination of the accounts of the Needs International for the year ended 31 March 2024, which are set out on page 5.

Responsibilities and basis of report

As the Charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

M Lakhi .

……………………………………………

Muddassir Lakhi AFA

S. A. Chopdat & Co 134 Bradford Road Dewsbury WF13 2EW

23 /10 / 24

Date: ……………………………………..

NEEDS INTERNATIONAL

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024

- 7,308 7,308 - - 155 8,752 835 - 235 375 10,352 3,044 - Unrestricted funds		126,775 4,938 131,713 2023

		16,592 1,180 - - 240 122,986 225 335 141,558
-	-	9,845

NEEDS INTERNATIONAL

BALANCE SHEET AS AT 31 MARCH 2024

- - - - 225 225 - - 225 - 225 - 5,708 5,483 Unrestricted funds		- - 15,876 2023

		15,876 665
-		15,211
-		- 15,211
-	-	25,056 9,845
		15,211

NEEDS INTERNATIONAL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES

1.1 Basis of Accounting

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 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The charity 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 note(s).

There are no material uncertainties about the charity's ability to continue, and so the going concern basis of accounting has been adopted.

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. FIXED ASSETS INVESTMENTS

1. FIXED ASSETS INVESTMENTS
Properties 2. CURRENT ASSETS Bank 3. DEBTORS & PREPAYMENTS Rent 4. CREDITORS & ACCRUALS Accountancy	2024 - 58,333 58,333 - 225 225	2023 - 15,876
		15,876
		- 665
		665

5. REMUNERATION & TRUSTEE EXPENSES

No remuneration or expenses were paid to any trustees during the period.

6. STAFF COSTS

No employees were paid remuneration in excess of £60,000 during the period.

NEEDS INTERNATIONAL

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

Responsibilities and basis of report Independent examiner’s statement

I report to the trustees on my examination of the accounts of the Needs International for the year ended 31 March 2024, which are set out on page 5.

Responsibilities and basis of report

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

M Lakhi .

……………………………………………

Muddassir Lakhi AFA

S. A. Chopdat & Co 134 Bradford Road Dewsbury WF13 2EW

23 /10 / 24

Date: ……………………………………..

NEEDS INTERNATIONAL

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024

- 7,308 7,308 - - 155 8,752 835 - 235 375 10,352 3,044 - Unrestricted funds		126,775 4,938 131,713 2023

		16,592 1,180 - - 240 122,986 225 335 141,558
-	-	9,845

NEEDS INTERNATIONAL

BALANCE SHEET AS AT 31 MARCH 2024

- - - - 225 225 - - 225 - 225 - 5,708 5,483 Unrestricted funds		- - 15,876 2023

		15,876 665
-		15,211
-		- 15,211
-	-	25,056 9,845
		15,211

NEEDS INTERNATIONAL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES

1.1 Basis of Accounting

There are no material uncertainties about the charity's ability to continue, and so the going concern basis of accounting has been adopted.

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. FIXED ASSETS INVESTMENTS

1. FIXED ASSETS INVESTMENTS
Properties 2. CURRENT ASSETS Bank 3. DEBTORS & PREPAYMENTS Rent 4. CREDITORS & ACCRUALS Accountancy	2024 - 58,333 58,333 - 225 225	2023 - 15,876
		15,876
		- 665
		665

5. REMUNERATION & TRUSTEE EXPENSES

No remuneration or expenses were paid to any trustees during the period.

6. STAFF COSTS

No employees were paid remuneration in excess of £60,000 during the period.