Docusign Envelope ID: 9CD7DB9B-4CF1-4ED5-9645-083AE94FA876 **REGISTERED CHARITY NUMBER: 1142986** ## **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 March 2024** ## **for** ## **HUMANITY INTERNATIONAL CHARITABLE TRUST** HM Accountax Ltd Chartered Certified Accountants 86-90 Paul Street Islington London EC2A 4NE Docusign Envelope ID: 9CD7DB9B-4CF1-4ED5-9645-083AE94FA876 **HUMANITY INTERNATIONAL CHARITABLE TRUST** ## **Contents of the Financial Statements for the Year Ended 31 March 2024** ||**Page**| |---|---| |**Reference and Administrative Details**|1| |**Report of the Trustees**|2 to 3| |**Independent Examiner's Report**|4| |**Statement of Financial Activities**|5| |**Balance Sheet**|6| |**Notes to the Financial Statements**|7 to 10| Docusign Envelope ID: 9CD7DB9B-4CF1-4ED5-9645-083AE94FA876 ## **HUMANITY INTERNATIONAL CHARITABLE TRUST** **Reference and Administrative Details for the Year Ended 31 March 2024** **TRUSTEES** Dr S Naqvi Mr M Raza Mr Z S Shah **PRINCIPAL ADDRESS** 19 Ash Road Woking GU22 0BJ **REGISTERED CHARITY NUMBER** 1142986 **INDEPENDENT EXAMINER** HM Accountax Ltd Chartered Certified Accountants 86-90 Paul Street Islington London EC2A 4NE Page 1 Docusign Envelope ID: 9CD7DB9B-4CF1-4ED5-9645-083AE94FA876 ## **HUMANITY INTERNATIONAL CHARITABLE TRUST** ## **Report of the Trustees for the Year Ended 31 March 2024** The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. 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** ## **Objectives and aims** The trustees shall hold the trust fund and its income upon trust to apply them for the following objectives: i) to advance education for the benefit of the poor, the underprivileged and people in need in the uk and pakistan, by means of, but not exclusively, the provision of educational programmes, such as community learning programmes, literacy and numeracy classes, tuition classes and scholarships, and the provision of educational facilities, such as training centres; ii) to relieve sickness and to preserve good health among the poor, underprivileged and people in need in the uk and pakistan, by means of, but not exclusively, the provision or assistance in the provision of services, facilities, equipment, clinics, medicines or grants for medical diagnosis and treatment, or health education; iii) to relieve financial hardship among the poor, the underprivileged, victims of natural and man-made disasters and people in need in the uk and pakistan, by means of, but not exclusively, making grants or loans for providing or paying for items, equipment, services and facilities for the benefit of the said persons; iv) the relief of unemployment for the benefit of the public in such ways as may be thought fit, including, but not limited to, assistance to find employment and provision of business advice; v) to develop the skills and capacity of members of the socially and economically disadvantaged community of the area of benefit in such a way that they are better able to identify and help meet their needs and to participate more fully in society; vi) to promote any other charitable purpose for the benefit of the general public that the trustees from time to time may determine. ## **Significant activities** 1. Elderly social gatherings and visits 2. Educational support classes and stipends 3. Bereavement support to affected families. 4. Support towards sick deprived patients 5. Workshops 6. Support to homeless, first time home buyers, jobless and depriving of food. ## **Public benefit** The trustees have considered the general guidance on public benefit issued by the Charities Commission and have taken due regard of that guidance. The trustees consider that they are satisfied that the charity's activities do provide a public benefit. ## **FUTURE PLANS** The charity will continue to focus on promoting the objectives. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **Recruitment and appointment of new trustees** The charity is governed by a board of trustees drawn from local community. This is to ensure that the board has skills and experience required to oversee the management of the charity and its operation. ## **Induction and training of new trustees** All new trustees receive a planned induction programme before taking up their place on the board. This includes an explanation of their roles and responsibilities, an induction to other trustees, an overview of the recent business and an explanation of board format and process. Page 2 Docusign Envelope ID: 9CD7DB9B-4CF1-4ED5-9645-083AE94FA876 ## **HUMANITY INTERNATIONAL CHARITABLE TRUST** ## **Report of the Trustees for the Year Ended 31 March 2024** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Key management remuneration** The trustees are considered to be the key management personnel of the charity, in charge of directing and controlling the charity and running its day to day operations. Trustees are required to disclose all relevant interests and register them with Board of Trustees, and, in accordance with trusts policy, withdraw from decision where a conflict of interest arises. Details of trustee expenses and related party transactions are disclosed in notes to the accounts. ## **Related parties** The Charity does not hold assets on behalf of any another Charity, company or individual. Approved by order of the board of trustees on 13 July 2024 and signed on its behalf by: Dr S Naqvi - Trustee Page 3 Docusign Envelope ID: 9CD7DB9B-4CF1-4ED5-9645-083AE94FA876 ## **Independent Examiner's Report to the Trustees of Humanity International Charitable Trust** ## **Independent examiner's report to the trustees of Humanity International Charitable Trust** I report to the charity trustees on my examination of the accounts of Humanity International Charitable Trust (the Trust) for the year ended 31 March 2024. ## **Responsibilities and basis of report** As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all 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: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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. Muhammad H Haider FCCA, ACA HM Accountax Ltd Chartered Certified Accountants 86-90 Paul Street Islington London EC2A 4NE 13 July 2024 Page 4 Docusign Envelope ID: 9CD7DB9B-4CF1-4ED5-9645-083AE94FA876 ## **HUMANITY INTERNATIONAL CHARITABLE TRUST** ## **Statement of Financial Activities for the Year Ended 31 March 2024** |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**62,327**
**EXPENDITURE ON**
Raising funds
2
**1,856**
**Charitable activities**
Charitable and welfare activities
**22,136**
**Total**
**23,992**
**NET INCOME/(EXPENDITURE)**
**38,335**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**72,329**
**TOTAL FUNDS CARRIED FORWARD**
**110,664**|Restricted
fund
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2024**
**Total**
**funds**
**£**
**62,327**
**1,856**
**22,136**
**23,992**
**38,335**
**72,329**
**110,664**|2023
Total
funds
£
187,936
-
422,530
422,530
(234,594)
306,923
72,329| |---|---|---|---| The notes form part of these financial statements Page 5 Docusign Envelope ID: 9CD7DB9B-4CF1-4ED5-9645-083AE94FA876 ## **HUMANITY INTERNATIONAL CHARITABLE TRUST** ## **Balance Sheet 31 March 2024** |Unrestricted
fund
Notes
£
**FIXED ASSETS**
**Investments**
Investments
5
**8,785**
Investment property
6
**42,600**
**51,385**
**CURRENT ASSETS**
Cash at bank
**59,279**
**NET CURRENT ASSETS**
**59,279**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**110,664**
**NET ASSETS**
**110,664**
**FUNDS**
7
Unrestricted funds
**TOTAL FUNDS**|Restricted
fund
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2024**
**Total**
**funds**
**£**
**8,785**
**42,600**
**51,385**
**59,279**
**59,279**
**110,664**
**110,664**
**110,664**
**110,664**|2023
Total
funds
£
-
-
-
72,329
72,329
72,329
72,329
72,329
72,329| |---|---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 13 July 2024 and were signed on its behalf by: Dr S Naqvi - Trustee The notes form part of these financial statements Page 6 Docusign Envelope ID: 9CD7DB9B-4CF1-4ED5-9645-083AE94FA876 ## **HUMANITY INTERNATIONAL CHARITABLE TRUST** ## **Notes to the Financial Statements for the Year Ended 31 March 2024** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. ## **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. ## **Investment property** Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities. ## **Taxation** The charity is exempt from 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. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. Page 7 continued... Docusign Envelope ID: 9CD7DB9B-4CF1-4ED5-9645-083AE94FA876 ## **HUMANITY INTERNATIONAL CHARITABLE TRUST** **Notes to the Financial Statements - continued for the Year Ended 31 March 2024** ## **2. RAISING FUNDS** ## **Raising donations and legacies** |**Raising donations and legacies**||| |---|---|---| ||**2024**|2023| ||**£**|£| |Support costs|**1,856**|-| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ## **5.** |Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
187,936
**EXPENDITURE ON**
**Charitable activities**
Charitable and welfare activities
422,530
**NET INCOME/(EXPENDITURE)**
(234,594)
**RECONCILIATION OF FUNDS**
Total funds brought forward
306,923
**TOTAL FUNDS CARRIED FORWARD**
72,329
**FIXED ASSET INVESTMENTS**
Loans
New in year|Restricted
fund
£
-
-
-
-
-
**2024**
**£**
**8,785**|Total
funds
£
187,936
422,530
(234,594)
306,923
72,329
2023
£
-
Other
loans
£
**8,785**| |---|---|---| |||| |||| |||| |||| There were no investment assets outside the UK. Page 8 continued... Docusign Envelope ID: 9CD7DB9B-4CF1-4ED5-9645-083AE94FA876 ## **HUMANITY INTERNATIONAL CHARITABLE TRUST** **Notes to the Financial Statements - continued for the Year Ended 31 March 2024** ## **6. INVESTMENT PROPERTY** |**FAIR VALUE**
Additions
At 31 March 2024
**NET BOOK VALUE**
At 31 March 2024
At 31 March 2023|**£**
**42,600**
**42,600**
**42,600**
-| |---|---| ## **7. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**|Net
movement
At
At 1/4/23
in funds
31/3/24
£
£
£
**72,329**
**38,335**
**110,664**
**72,329**
**38,335**
**110,664**
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
**62,327**
**(23,992)**
**38,335**
**62,327**
**(23,992)**
**38,335**
Net
movement
At
At 1/4/22
in funds
31/3/23
£
£
£
306,923
(234,594)
72,329
306,923
(234,594)
72,329| |---|---| Page 9 continued... Docusign Envelope ID: 9CD7DB9B-4CF1-4ED5-9645-083AE94FA876 ## **HUMANITY INTERNATIONAL CHARITABLE TRUST** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2024** ## **7. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
Resources
Movement
resources
expended
in funds
£
£
£
187,936
(422,530)
(234,594)
187,936
(422,530)
(234,594)| |---|---| A current year 12 months and prior year 12 months combined position is as follows: |||Net|| |---|---|---|---| |||movement|At| ||At 1/4/22|in funds|31/3/24| ||£|£|£| |**Unrestricted funds**|||| |General fund|306,923|(196,259)|110,664| |**TOTAL FUNDS**|306,923|(196,259)|110,664| 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|250,263|(446,522)|(196,259)| |**TOTAL FUNDS**|250,263|(446,522)|(196,259)| ## **8. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2024. Page 10