Trustees Report & Financial Statements For the year ended 28 February 2022 'A8E¢II4TM* 0511012022 COMPANIES HOUSE A14
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World Food Aid Limited (Company Limited by Guarantee) Charity Number: 1148371 Company Number: 07940508
World Food Aid Limited (Company Limited by Guarantee) Charity Number: 1148371 Company Number: 07940508 Contents 1. Legal and Administrative 2. Chainnan's Report 3. Report of the Trustees 4. Statements of Financial Activities 5. Balance Sheet 6. Notes to Financial Statements 7. Independent Examiner Report
al and Administrative Information of the Com an Trustees: Mr Harry Dulai Mr Adosh Chatrath Registered Office: Europa House 4 Europa Way Harwich Industrial Estate Harwich Essex C012 4PT Bankers: NATWEST Charity Number: 1148371 Company Number: 07940508
World Food Aid Limited (Company Limited by Guarantee) For the year ended 28th February 2022 Chairman Statement World F¢JJd Aid is an intemats'onal UK-based charity that has been working to help, save and improve the millions of lives all around the world affected by starvation. sin inpIlon, the main fundraising activity for World Food Aid has been conducted through Surya Food's leading Laila basmati rice brand under the banner of'R1 for Life, campaigns and in partnership with other established charities who are working to alleviate the hunger crisis. World Food Aid {WFA) has been and continues. lo focus our work on vital issues lo ts¢kle Ihe root causes of poverty, from life's basics - food. water. health and education to the more complex questions around aid. climate change. sickness and human rights. Nationally aim to work in partnership wilh likeminded Charities. providing grants and food parcels. Internationally we will respond lo tt* Disasters Aid Committee and provide emergency food parcels. During this reported financial year. the charity continued to operate under the COVID pandemic restrictions as best it could. The Charity continued to respond to the global pandemic by dislributsng more than 1500 prepared lunch boxes lo 16 NHS hospital Front Line stsff in May 2021. A new partnership formed with Refugee Action Cdchester in the second half of 2021 with ongoing food donations made to support refugees and total donations made £646.94. Staff at Surya Foods also did their version of a Bake Off in November 2021 raising over £100 which went towards purchasing stock to donate to WFA for Refugee Action Colchester. Our partnership with local foodbanks continues to gain momentum as WFA strive to meet the needs of the sector. We have donated a total of £5.319.39 to Community Food Banks. Jaywick Sands Community Forum. Food Cycle Clacton. Colchester Food bank and Chabad Food Bank. Our Clacton Charity shop continue to strive, when open, the shop is fully staffed with 2 paid employees and a dedicated team of volunteers. The Charity Shop Manager also has online presence now which has generated additional revenue. WFA collaborated with the Colchester Mayor and Centre Manager. Lion Walk Shopping Centre on an urgent not for profit project to provide emergency humanitartan aid to those in the Ukraine in February 2022. WFA worked with local voluntary organisations in Colchester Essex lo provide food to those in urgent need. Fundraisers were organised by the Lion Walk Centre Manager and CEO of Surya Foods to raise £25.000. lolal raised was £25.040 and consignment of over 100.000 meals left in May 2022 lo Poland. The Charity has ambitious plans for the coming 12 months and including their current campaign is lo raise funds and support those affected in Pakistan Floods.
We continue to work with the National Charities. by supplying food produce along with food banks locally and nationally. We continue to campaign through our social media channels and will be l¢)oking to develop in other ways using these platforms. World Food Ard will continue to develop links lo Sour unwanted stock food items from companies to distribute to other people or charities in need as we have several drop off points around the country for unwanted foods to be distributed. We continue to play our part in ts¢kling ihe global humanitarian crisis by supporting and developing sustainable solutions that enable individuals and wmmunities lo lead healthy and ives. Harjit Slngh Dulai Chairman & Trustee .23 September 2022
World Food Aid Limited (Company Limited by Guarantee) For the year ended 28th February 2022 Trustees Report The Trustees present their report and accounts for the year ending 281h February 2022. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with Company Act 2006 and the Ststement of Recommended Pra¢tice 2005. Structure Governance and Mana ement World Foc4J Aid is a registered charity conslituled under the trust deed vrilh the registration nurnber: 1148371. It is also a unique plaffom for sharing views, events and helping businesses work in collaboratbon to create team value in the ethnic food service market. When new Iruslees are appointed they will undergo an induction meeting to meet key employees and other truslees of the company and be briefed of their legal obligations under charity law. Their induction will also include a session lo familiarize them with the content of the companvs constitution. the way in which the board operates. including the decision making process. business plans and the financial performan of the charity. The trustees are also directors and are primarily reswjnsible for the direction and policy including strategy, planning and evaluation. What we do World Food Aid is an inlemational UK-based charity that has been working lo help, save and improve the millions of lives all around the wodd affected by slarvation. Since inception, the main fundraising activity for Wodd Food Aid has been conducted Ihrough Surya Food's leading Laila basmati rice brand under the banner of 'Rice for Life. campaigns and in partnership with other established charilies who are working to alleviate the hunger crisis. World Food Aid (WFA) has been and Continues, to focus our work on vital issues to tackle the root causes of poverty, from life's basics - food. water, health and education - to the more complex queslions around aKI, climate change. sickness and human rights. Nationally aim to work in partnership with likeminded Charities. providing grants and food parcels. Intemationally we wll respond to the Disasters Aid Committee and provide emergency food parcels. During this reported financial year. the charity continued lo operate under the COVID Pandemic restrictions as best it could. The Charity Continued lo respond to the global pandemic by distributing more than 1500 prepared lunch boxes to 16 NHS hospital Front Line staff in May 2021.
A new partnership formed with Refugee Action Colehester in the second half of 2021 with ongoing food donations made to support refugees and total donations made £646.94. Staff at Surya Foods also did their version of a Bake Off in November 2021 raising over £100 which wenl towards purchasing stock to donate to WFA for Refugee Action Colchester. Our partnership with local foodbanks continues to gain momentum as WFA strive to meet Ihe needs of the sector. We have donated a lolal of £5,319.39 to CommLJnity F¢x)d Banks, Jaywick Sands Community Forum. Food Cycle Clacton, Colchester Food bank and Chabad Food Bank. Our Clacton Charity shop continue to slrive. when open, the shop is fully staffed with 2 paid employees and a dedicated team of volunteers. The Charity Shop Manager also has online presence now which has generated additional revenue. WFA collaborated with the Colchester Mayor and Centre Manager. Lion Walk Shopping Centre on an urgenl nol for profil project lo provmle emergency humanitarian aid to those in the Ukraine in February 2022. WFA worked with local voluntary organisations in Colchester Essex to prowde food lo those in urgent need. Fundraisers were organised by the Lion Walk Centre Manager and CEO of Surya Fi)ods to raise £25.000. total raised was £25.040 and a consignment of over 100,0(KJ meals left in May 2022 to Poland. The Charity has ambitb)us plans for the coming 12 months and including their current ampaign is to raise funds and support those affected in Pakistan Floods. We continue to work with the National CharÉties, by supplying food produce along with food banks locally and nationally. We continue to campaign through our sorial media channels and will be looking lo develop in other ways using these platfomis. World Food Aid will continue to develop links to Sour unwanted sloth food items from companies to distribute lo other people or charities in need as we have several drop off points around the country for unwanted foods lo be distributed. We continue to play our part in tackling the global humanitarian crisis by supporting and developing sustainable solutions that enable individuals and communities lo lead healthy and fulfilling lives. Mission and Vision WFA endeavots to tackle the global humanitarian crisis by developing sustainable solutions that enable individuals and their communits'es lo live healthy and fulfilling lives. Our mission is to work in partnership with communities around the world in order lo safeguard and promote an irKlividual's righl to food as a fundamental human nght. We envision a wortd where every man, woman and child leads a healthy and fulfilling life without having to worry about how to put food on the table. Our values are reflected in the work we do. We understand that Ihe hunger crisis cannot be eradicated simply by donating food. but also appreciate there is a pla for emergency food. while tackling the greater. bigger. fundamental issues that keep people trapped in poverty. We work with partners who share the same values as us - organisations that believe in restoring a communivs financial independence. so they look after their families and live with dignity - the belief that Ihe abilily to work and acquire skills is of greater benefit than one- off handouts.
Locally we will work in partnership with Schools and Church groups. providing grants and food parls. Nationally we will work in partnership wth likeminded Charib'es, providirKJ grants and food parls. Internationally we will respond to the Disasters Aid Committee and provide emergency food parcels. Hunger is an entirely preventable pandemic and together we have the power to end it in our generation - we just need to choose to make this a universal goal. Aims and ob"ectivos Use food aid lo support development. both economic and social Prevent acute hunger and malnutrilion Promote world food security in accordan with the recommendations of ihe United Nations Save. restore and rebuild lives and livelihoods in emergency situations help build assets and promote the self-re11an of poor people and communities. particularly through labour-intensive works programmes Strengthen the capacities of countrEs to reduce hunger, through the handthover of effective strategies Lesson food poverty by improving accessibility of healthy foods. leading to an improved diel Ensuring that all foods purchased is of the highest quality and is sold at affordable prices Engaging and encouraging the community to play an active role in health and regeneration issues To develop a viable and sustainable food business that will provide training capacity, building and employment for the members of Ihe community Risk Mana ement The board of trustees examines the key areas of Ihe charitys operations and it regularly considers the major risks that may arise in each of these areas. These are recorded in a risk register that includes identifying actions and systems that may mitigate these risks. Reserves Poli The charity shall deploy any reserves which accumulate from charilable income from year to year solely for the purposes of charity cost and activities in future.
Financial Review The income from charitable activities was £ 52.439 for the year (2021 £ 117.632) and cost for the charity excluding depreciation for the yearwas £ 67,83912021- £ 87.594). The trustees expects the charity activity to be affected by the lingering effects of COVID pandemic. Russian invasion of Ukraine, significant inflation in the country including energy costs in the upcoming year. however. the Iruslees endeavour to carry the activities in line with govemment guidance to continue to achieve its objectives. Statement of Trustees Responsibilities The trustees are responsible for preparing the trustees annual report and the financial statements in accordan with applicable law and United Kingdom Accounting Stsndards {Uniled Kingdom Generally ACpIed Accounting Principles). Company Law requires the trustees to prepare financial statements for each financial year. Under company law Ihe trustees must not approve the financial stalements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources. including its income and expenditure, of the charity for the year. In preparing those financial statements the trustees are required to.. select suitable accounting polieS arKI then apply then consistently, observe the methods and principles in the Charities SORP. make judgement5 and accounting estimates that are reasonable and prudent. and prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are suffiaent 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 stalements omply with the requirements of the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities. Basis of preparation This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in March 2005) and in accordan with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Ap edb trustees on 23 September 2022 and signed on behalf by: ingh Dulai- Chair of Board of Trustees
W¢yld Food Ald Ltd Chanly No lif any) Annual accounts for the period '(WITY . COMM 1148371 CC17a Perltid end ¢ale start date 01m312021 To 2B10212022 Section A Statement of financial activities Restricted Unreslricted income Endont funds fthds Recommended ategovies by xtivity Detalls of o anatysis Total last year Total this year Incoming resources (Note 31 F01 F02 F03 F04 F05 Incoming re50lir Irom genèrated fvnds Vo)Jntsty itorn Donath)nSILe¥Js Charrty sIN)ps 56ks S01 17.806 29.870 17.806 29,870 29,017 25.804 Acti$ l¢rg•nw¥tryfurd¥ S02 Inve5bnent incom• S03 Incwing resou4$ from ¢h•ritabl activfjtl&8 Othor Gan on Asfet Di[A)saI Govemment Grants 4,763 4.763 62.811 Total incomlng resourcès R•$ourus xpgndod (Notes 48 52.439 52.439 117.632 Costs ofG•noratifig C¢$tsofgeTrBratirywbJ 17 900 Fu[%g trsdirrfjwsts 38.542 38,542 49.701 In¥estmofflrn4na3arn¢MoJsts Choritabk aG11¥it$ $10 27.109 27,109 2,959 35.349 Go¥•rnanG• ¢ost6 $11 2.959 4.214 Olhvr•%ourG•s •xp¢nded S12 rotal resources expend s13 Nee incornlnty(outgoingJ QU¢¢$ before Iransfers s14 69, 69.509 89.264 17.070 17.070 28,368 Gross transfers between funds $15 Net in¢ominW(outgoingJ resources before otherre¢ognised 9alnsl(lo$$esJ s16 Other recognised gainslllosses) Gains arKI losses on maluaknn of fixed assets for the charity's tr•m Gains arKI losses on investmenl asets 17.070 17,070 28.368 S17 $18 Net Iiio¥ement in funds s19 - 17.070 95.645 17.070 95,645 28,368 67,276 Total fvnd$ brought forward Total lunds CWTied fornTard s21 78,575 78.575 95,645 CC17a (Excell 2410912022
Section B Balance sheet Restricted Unrestricitd income funds Yunds Endowmnt Total this fund$ year Total last ytar Fixed assets Tangible assets FOI F02 F03 F04 F05 1.670 (Note 91 Investments (Note 101 Total fixe(l assees Current assets Stock and work in progTess Debtors {Note111 (Short term) ntments Cash at bank and in hand Total current assels 97,133 Creditors: amounts falling due wilhln one year (Note 12) BIO 4.126 4,126 3.158 Net CUrTt asselrfliabilities) 93,975 Total assets less curyent liabilities B12 Creditors: amounts falling due after onè year (Note 121 Provisions for Ibabilities and charges B13 814 Net assels Bl5 95.645 Funds of the Charity Unrestrictèd funds 816 78,575 78.575 95.645 B17 R¢stri¢ted in¢¢me funds (Note 131 Endowment funds (Note 131 819 Total fvnds 8a) Forthe Y •KJed 28lh Fetxuary 2ff22 the company was entiued to the exempkn to asbail under sectiC 477 of the Companies Aci 2(YJ6. The Irusle5 have ml required Ihe company to obte4n an awlrt cl its fin•ial sts1Wts for the ygar gn(kn128th Fetruwy 2022 in wth 476 of the Companies A(12006. Th8 diredor5 acknovA8Jge th&r re$rtsIbIlity for comth"NJ 1th of Ihe Act wlh reSpt to accfjunting reeords and for the preparation of the accounts. These aceounts have been prq>ared in %bith the 5n5 io compleS suttyect to the snwll cofflpanies. regime. Signed by or i¥KJ tnjstees on bthaNof ai the trltstees Print Narne Date of roval h Oulai 23.09.2022 CC17a IExcell 2410912022
Section C Notes to the accounts Note 1 Basis of preparation This se¢tion should be completedby all charities. 1.1 Basis of accounting These accounts have been prepared cffj Ihe basis of hisloric cost (except that investments are showft al market value) ¢n a¢¢Ordan with.. ACCJntiThJ and Re rtin and with" by Chanlies- Slatemeni of Recomrrended PractKe ISORP 2005): ACcntIng Standards.. Finanoal Reporting Standards for Smaler Enterprises (FRSSEI: or and with the Chafities A¢L 1.2 Change in basis of accountlng Thèrè has ert no Charoe to the acccKJnling policies (Valuat rUS and methoJs of accounling} since last year 1.3 Changes to Previous accounts No ¢hange5 have been made to aonIS f prevKxJs y8ats. CC17a IExcell 2410912022
Section C Notes to the accounts Icontl Note 2 Accounting policies This standard Ilst of a¢¢ountlng poli¢le$ has been appliedby the charity except for those ¢leleted. Whwp è different or additionalpolley has been adopted then Ihls Is detalled In the box below. INCOMING RESOURCES Re¢ognltlon ol incoming resources These are indJe in the Ststema)t of Financ4al Activities ISOFAI n". the c*arity becorres ts"11&y lo the resources." the trusiees a virtuallv certain they will r•ve the res(wrces'. and the rnnetary value can be rreaSU wlh suffioent rdIality. Gwts ch)nalions a c¥)ly indUdj in the SOFA th the charity has unconditsCal entitlem1 to thè r&ource5. Grants and donalons EXPENDITURE AND LIABILITIES Liability recognltlon Liabtlities are rwn1$ as S£ as thwe is a legal or c0Tr5tnJctive 0blwJain cx)mmi¢ting the ch&)ty w pay resources. Iude ts)sts of the preallOn exaninakn of statutory accwits. the costs oftrusie8 meeiiThJs and (Tht of anylgjal a0 to trLL8lees gov¥n or ets)stitLrtional malters. Governance costs ASSETS Tanglble fixed assets for use Ml assets are at histr(NrAI Ix>st arKJ the depw"3t 15 charged on accumulat by ¢harity ba515. depreciatK)n is 10% nuM a SiraKJhl line basis for Plant. Machinery KI IAotor veh¥ 33% nurn on a straigm I? basis for Office Equipment. CC17a (Excel} 24109r2022
Section C Notes to the accounts Icontl Note 3 Analysis of incoming resources Incoming resources may be further anatysed rfthis wouldhelp the reader of the accounts. ThÈ$ year Last year Anal Voluntary irKome DonatKJns cies 17.8( 29,017 Total 17.806 29,017 Activities for generating lund$ Charity shcfjs sales 29.870 25,804 Total 29,870 25.804 Investment income Total Incomlng rnsourees from charitable activitios Othw in¢oming resources Gain on asset di osal Governmenl Grants received 4.763 62.811 Total 4.763 62.811 CC17a (Excdl 2410912022
Section C Notes to the accounts Icontl Note 4 Analysis of resources expended Re$our¢¢s exptnded may be further anatysed tf thi$ would help the reader of ihe accounts. This year La$t year Analysis Costs of gener•ting voluntary in¢om¢ Printing and statery Sales Promot Total gjo Fundraising trading 0Sts Pvrch85es Gross Wa Rent and Rates Heat. Li ht and Pv• Travdlin Priniin and Station Tel he and Com uler char Maintenan¢e Software subcri Bank Cha reciation General Ex 1,005 15,929 14.043 1.017 26.066 12,267 2.376 644 270 1,304 2.780 432 1,306 1.670 586 49,701 899 1,335 ticns 1,531 1.670 1.113 38,542 Total Investment m•n¥gement costs Total Charllabl• a¢ti¥itios Gross Wa Rent and Rates Donations made 11.035 10,108 5,966 6.636 14,409 14,304 Total 27,109 35.349 Governance Costs Gross Wa Professional Fees 2,759 200 4,014 200 Total 2.959 4,214 CC17a (Excel} 2410912022
Section C Notes to the accounts Icontl Note 5 Support Costs Please complete this note rf the charity has analysed its expenses using activity categories and has SUPPOrt ¢o$ts. Fundt•sln9 xtivity Ch¥ltable A¢tlwty Governan Actlylty Total Cost Support cost Total Note 6 Details of certain items.of expenditure 6.1 Trustee expens•s Please provide details of th• amount of any payment orreimbursefflent of outwof-pocket expenses made to tru$tees or to thirdparties for expenses incurrnl by Irustéès. Ilno expenses were paid, please enter'Non•' In the appropnate box(es). This yèar None Last yeaf Nono Number of trustees who wer¢ pald oynses None None Nature of t •xp•ns•s Total amount pald None Nono 6.2 Fees for examSnatlon or audit of the accounts Please provide details of the anK•unt paid forany st•tutoryexternal scnthny of accounts and othèr sernices provided byyour independent examiner or auditor. If nothing wa5 paidplease enter NONE in th• appropriat• box{es). This year Last y1 Ind•pendènt examiner's or auditors. fees for reporting on the accounts Other fees (for •xampl*: ad¥i¢e. nsult•cy. accountancy services) paid to the ind•p•ndent examiner or auditor 200 None None CC17a IEx¢dl 24109r2022
Section C Notes lo the accounts lcontl Note 7 Paid employees Please complete thi$ note il the charity has any employees. 7.1 Staff C05t5 This year Last year Gross wages. salaries and ben¢fits in kind Employer's National Insurancè co$1$ Pension costs 25.837 3.079 806 29.722 32,387 3,419 911 36,717 Total stsff costs 7.2 AvÈragè number of fu114ime equival•nt employees in the year The parts of the charity in whi¢h th• Fundraisin ernployees work Chaiitable Activities Governance Thi5 year Number Last y•ar Number 1.00 0.20 Oth Total 7.3 D¢finod contribut•on pension scheme Please complete rfa defined contribution pension scheme is operated. BfiÈf dètails of the Scheme NEST Pgnsion Scheme This year Last year Th• costs of th• xhemtr io th• eh*ity for the Jyar Thg arnount ol any eontrIbutio Outst at the y¥¥ w¥1 The amount of any contributlons prepaid at year eth1 806 911 25 149 CC170 (Excdl 2410912022
Section C Notes to the accounts Icontl Note B Grnntmaking Please complete this note rf the chapTty mad¢ any grants ordonation$ whkh in aggregate fomi a material part of the ¢h4ritable a¢tivities undertaken. 8.1 Total value of grants Grants to institutions Total amount Grants to .individuals Purpose for which THE RELIEF OF POVERTY rants made Total amount £ Total 8.1 Grantmaking ¢o$ts 11 the ¢hOrit$ accounts are prepared on Ihe"•ctivlty basis-plèase give details of any support cost associ•ted with grantmaking. Please enter-N•l" if ihe charity does not Identify an¢Vor •llwate sUPP¢>rt cost& Support ¢¢$t$ of grantmaking £Nil 8.3 Grants made to institutions 11 the charity has made grants to particularinstitutions that arn matwi41 in the context of its granlmaking please giv• details ol the instilution supported, purpose of Ihe grant and total paid to each ITnslilution listed. Sufficient information should be givèn to provide a reasonable understanding of the rangè of inslilutiTons supportèd. Names of institutions Purpose Total amount of rants id£ COMMUNITY FOOD BANK THE RELIEF OF POVERTY 2,399 1,225 170 JAYWICK SANDS COMMUNITY FORUM THE RELIEF OF POVERTY FOOD CYCLE CLACTON THE RELIEF OF POVERTY CHABAD FOOD BANK THE RELIEF OF POVERTY 1.124 647 REFUGEE ACTION COLCHESTER THE RELIEF OF POVERTY COLCHESTER FOOO BANK THE RELIEF OF POVERTY Total grants lo instifv(ions 402 5.966 CC178 (Excel 2410912022
Section C Notes to the account5 Icontl Note 9 Tangible fixed as$ets plse complet• thffs not• if the charity has any tanglble fixed assets 9.1 Cost or valuation Freehold land & buildings Other land & Jildings Plan¢ machinery and motor vehlcle5 Fixtures, ritttngs and equipment Payments on account and assets under ton$iructlon Total Balance biought forward Addilions 5.010 5,010 Revaluations Disposals Translws. Balance carrd forward s.olo 5,010 92 Accumulated deprKiation and impairmenl provisions sis SLorRB SLorRB SL SL SL¢yRB Rate 33% Balance brought" forward Depreciation charge for year. Impabrmenl Iyovisions 1,670 1.670 Revaluations Disposals Transfers. Balan carried forward 5.010 5.010 9.3 Nèt book value Brojght forward Carnied foNard 1.670 1,670 9.4 Revaluation IAany fixed assets have been revaluedplease give dotails of the valueraftd method of valuation CC17a (Evll 10 24AJ912022
Section C Noles to the accounts Icontl Note 10 Investment assets Please ¢ompleee this ftote if the charity h•$ any investment ?$5et5. 10.1 Flxgd assets Inw$tmont$ carng Imarketl value at beginning of year Add: addition5 10 inveslmenls 81 c051 Less.. disp05als at Carn9 value Addlldeducll: net gainl{lossl on ValUa1)n Carrying Imarketl value at end of year Please provide below.. 10.2 A breakdown of the market yeS of inbEstments shown abov• agr••in9 Wlth the balance Sheet row 803. 10.3 A breakdown of th• income from investments agreein9 With SOFA row SO3. Analy$i$ of investments 10.2 Marl(et value ot ar end 10.3 In¢omt from Investmènts for the year In%•stment proport19s Investments listed on a recognised stock èxchangÈ or held in Common. investment funds. open ended investment companies. unit trusts or other ¢oll•¢ll Investment s¢hemes InNpstments in subsidiary or connected undertakin9s and ¢ompani¢s Securltles not Ilst•d on a r¢¢ognIS St¢¢k Exchange Cash held a5 part of the in¥estment portfolio Oth¢r investments Total 10.4 Material investment holdings If any single investm•nt is material in terms of it5 value (for example represents more than 5 per ¢ent of the valu• of th• charilvs totsl In¥¢stments) please provide details. Itment held Market Valuo CC17a (Excel 11 2410912022
Section C Notes to the accounts Icontl Note 11 Debtorn and prepayments Please complete this note rfthe ¢haiity has any debtors or ts. Analysis of d•btors Amounts falling due within one year This year Last year Amounts falling due after more than one yeaw This year Last year Trade debtors Amounts due from subsidiary and associaled undèrt¥kings Other debtofs Prèpaym•nts and accrutd incomt Total Note 12 Credltors and accrnals Please complet• th1$ note rf thè Charity has any credrfors or accruals. 12.1 Analysis of ¢r•diiors Amounts falling due within one year This year year Amounts falling due after more than onè year This year Last year Loans and ov•rdrafts Trade creditors Amounts du• to subsidiary and associated undertakings Other creditors 3.4 2.605 222 553 Accruals and doferred in¢om• Total 12.2 Security over assets If any loan. overdraft or olhercreditor holds a charye orotherse¢uiity overany assets of the charity please provide details. CC17a IExcel} 12 2410912022
Section C Notes to Ihe accounts Icorbtl Nole 13 Endowment and restricted income funds Plèase complete this section if the charity has any endowment Or restricted income funds. 13.1 Funds held Please give a brief description of any of the following type of funds hgld by tho ¢harlty: permanent èndowmènt funds IPEI; expendabl• endowmènt funds IEEI. and restricted income funds, including speclal trusts. of th• ¢harity {Rl. Fund Nam* Type PE, EE orR Purposo and Restriction5 13.2 Movements of major funds Please give details of the movements of the major funds summarised in the reslricled and eftdowment columns of the Statement of Financial Activities. Fund balances brought forward Fund balance5 carried lorwafd Incoming resource5 Outgoing resources Gains and losses Transfers Fund rtames Total Funds 13.3 Transfers between funds Please give details of any transfers behveen lund& From Fund (Name) To Fund (Namè) Reason Amount CC17a IExcdl 13 2410912022
Section C Notes to the accounts (conti Note 14 Transactions with related parties If the charily has any transactions wilh Yelated parties (other than the truste expen5e5 explained in note 6) details of such transactions should bepmvided in Ihis note. If there no transa¢tions to report pleas• enter"None" irt the relevant boxes. 14.1 Remuneration and benefrts Please give the amount of, and legal •irthority for. any remuneration or otherbenefits paid to a trustee or otherrelated parties by the charity orany institulion or company connected 'th it. Legal authority leg ordw. go¥emin9 do¢um¢ntl Amounts paid or benfrfit value Nam• of trust•• or Connected party This year Layt year 14.2 Loans Please giive details of and amounls owin9 to orfrom the tharity's tfustees or oth•r rnlated parties by Ihe charity at the yèar end. Name of trusl•e or eonn¢¢t¢d party Amount owing This yoar Last year Legal authority Oue to trust••s and related parties Due from trustèès and related parties 14.3 Other transaction{sl with trustees or relatsd parties Please give delails of any transaction undertaken by (or on l>ehalf ofj the ¢harity in whi¢h a trustee or rolated party has a material interest. Name of the trustee or related party Flying Trade Ltd Relationship to charity Hariit Singh Dulai 1$ Trustee of WFA and Director of FlyTrng Trade Ltd Description of th• transaction Donations R¢¢ei¥ed from Ftying Trade Ltd Th1$ year Last year 17.079 28,309 Flying Trade Ltd Hariit Singh Dulai is Trustee of WFA and Director of Flying Trade Ltd Goods & PPE puwchased at cost pri¢¢ from Flying Trade Ltd for resale and use at WF Charity shops WFA rented commercial units lor charity shops from Flying Trade Group PIC at discount markel value rate 547 Flying Trade Group PLC Harjit Singh Dulai is TfU51ee of WFA and Dire¢ior of Flying Trade Grou PIC 1ZS1)0 11.597 ¢C17a IEvl} 14 2410912022
CHARITY COMMISSION FOR ENGLAND AND WALES Independent exarniner's report.on the accounts Section A Independent Examiner's Report Report to the tru5teesl members of Chaiity Namo World Food Aid Limited . On accounts for the year ended 28 February 2022 Charlty no {if any) 1148371 Sel out on pages NA I report to the trustees on my examination of the accounts of the above charity (Ihe Trust.) for the year ended 20212022. Responslbllitles and. As the charity trustees of the Tnjst, you a responsible for the preparation basls of report ' of the accounts in aoxrdance with tt)e requirements of th8 Charities Act 2011 ("th8 Acr). I report in respect of my examination of the Trusf"s accounts carried out urKler section 145 of the 2011 Act and in carrying out my examination. I have foll¢)wed the applicable DI¢t)nS given by the Charty Commission under sedion 14qS){b) of the ACL I have completed my examination. I confinn trt no material matters have ¢ome to rny attentlon (other than that disclosed below ') in connectlon with the examination whtch gives me cause to believe that in. any materlal respect: accounting records were FK)t kept in accordance with sectlon 130 of the Act or the accounts do not aCd wtth Ihe accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understsnding of the accoun15 to be reached. ' Please delete the words in the brackets if they do not appty. Date: Independent examinerfs statement Slgned: Narne.. Nick Pomroy Relevant professlonal qualifi¢ation{s) or body (if any): Durrants Calleva. Accountants and Tax Advisors 4 Comel House, Calleva Park Aldermaston. Berkshire RG7 8JA October 2018
Section B Disclosure Only complete rf the examiner needs to highlight matters of concem (see CC32. Independent examination of charity accounts: directions and guidance for examiners). Glvo here brief d•tsils of any items thal the examlner wlshes to dlsclose. None IER October 2018