**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021 FOR HOPE PK** 



**HOPE PK** 

## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021** 

||Page|
|---|---|
|Report of the Trustees|1|
|Statement of Financial Activities|2|
|Balance Sheet|3|
|Notes to the Financial Statements|4 to 5|
|Detailed Statement of Financial Activities|6|





**HOPE PK** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2021** 

The trustees present their report with the financial statements of the charity for the year ended 30 June 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' (effective 1 January 2015). 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 

1145605 

## **Principal address** 

182 Station Road Birmingham B33 8BP 

## **Trustees** 

Mr Munir Chisti Mrs Tahira Saddique Mr Makhdoom Chisti 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. 

## **Risk management** 

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

The preservation and protection of good health among people living in underdeveloped areas of Pakistan, and particularly but not exclusive the village of Gulalipur and the surrounding areas, through the provision of health education and distribution of food packages to the poor. 

## **ON BEHALF OF THE BOARD** : 

MR M Chishti - Trustee 

25[th] August 2021 

Page 1 



**HOPE PK** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2021** 

|||Unrestricted|
|---|---|---|
|||funds|
||Notes|£|
|**INCOMING RESOURCES**|||
|**Incoming resources from generated**|||
|**funds**|||
|Voluntary income||25,443|
|**RESOURCES EXPENDED**|||
|**Costs of generating funds**|||
|Costs of generating voluntary income||22,057|
|**Governance costs**||-|
|**Total resources expended**||22,057|
|**NET INCOMING/(OUTGOING)**|||
|**RESOURCES**||3,386|
|**RECONCILIATION OF FUNDS**|||
|**Total funds brought forward**||25,061|
|**TOTAL FUNDS CARRIED FORWARD**||28,447|



The notes form part of these financial statements 

Page 2 



**HOPE PK** 

## **BALANCE SHEET AT 30 JUNE 2021** 

||**BALANCE SHEET**<br>**AT 30 JUNE 2021**||
|---|---|---|
|||Unrestricted|
|||funds|
||Notes|£|
|**FIXED ASSETS**|||
|Tangible assets|1|10,950|
|**CURRENT ASSETS**|||
|Cash at bank||17,947|
|||--------|
|||28,897|
|**CREDITORS**|||
|Accruals||450|
|**NET CURRENT ASSETS/(LIABILITIES)**||17,497|
|**TOTAL ASSETS LESS CURRENT**||28,447|
|**LIABILITIES**|||
|**NET ASSETS/(LIABILITIES)**||28,447|
|**FUNDS**|2||
|Unrestricted funds||28,447|
|**TOTAL FUNDS**||28,447|



The financial statements were approved by the Board of Trustees on 25[th] August 2021 and were signed on its behalf by: 

## MR M CHISHTI -Trustee 

The notes form part of these financial statements 

Page 3 



**HOPE PK** 

**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021** 

## **1. ACCOUNTING POLICIES** 

## **Accounting convention** 

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 (FRS102)-charities SORP (FR102) (effective 1 January 2015), and the Charities Act 2011. 

## **Incoming resources** 

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. 

## **Resources expended** 

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. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.  Land-0% 

## **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. 

## **TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 30 June 2021. 

## **Trustees' Expenses** 

There were no trustees' expenses paid for the year ended 30 June 2021. 

## **1. TANGIBLE FIXED ASSETS** 

|**TANGIBLE FIXED ASSETS**||
|---|---|
||Land|
||£|
|**COST**||
|**1 July 2020**|10,950|
|Additions|-|
|**NET BOOK VALUE**||
|At 30 June 2021|10,950|



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**HOPE PK** 

## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 30 JUNE 2021** 

## **2. MOVEMENT IN FUNDS** 

|**MOVEMENT IN FUNDS**||||
|---|---|---|---|
|||Net||
|||movement in||
|At|01/07/20|funds|At 30/06/21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|25,061|3,386|28,447|
|**TOTAL FUNDS**|25,061|3,386|28,447|
|Net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement in|
|resources||expended|funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|25,443|(22,057)|3,386|
|**TOTAL FUNDS**|25,443|(22,057)|3,386|



Page 5 



**HOPE PK** 

## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2021** 

|**INCOMING RESOURCES**<br>**Voluntary income**<br>Donations<br>Grants<br>**Total incoming resources**<br>**RESOURCES EXPENDED**<br>**Costs of generating voluntary income**<br>Bank charges<br>Household consumables given out in Ramadhan by Hope PK<br>**Governance costs**<br>Accountancy<br>**Total resources expended**<br>**Net expenditure**|25,443<br>-<br>18,155<br>34<br>22,023<br>22,057<br>-<br>22,057<br>3,386|
|---|---|



This page does not form part of the statutory financial statements 

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