Trustees Report & Financial Statements For the year ended 29 February 2024 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. Chairman'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 29th February 2024 Chairman Statement World Food Aid is an international UK-based charity that has been working to help, save and improve the millions of lives all around the world affected by starvation. Since inception, the main fundraising activityforworld Food Aid has been conducted through Surya Food's leading Laila basmati rice brand under the banner of 'Rice for Life, campaigns and in partnership with other established charities who are working to alleviate the hunger crisis. World Food Aid {WFAI 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 educalion to the more complex questions around aid, climate change, sickness and human rights. Nationally aim to work in partnership with likeminded Charities, providing grants and food parcels. Internationally we will respond to the Disasters Aid Committee and provide emergency food parcels. During this reported financial year, the Charity continued to collaborate with Coram Childrens Charity as well as Fareshare, a National Charity who redistribute surplus food to local charities turning them inlo meals. We have issued £7,267 worth of surplus food to Fa￿share this financial year in turn we've helped serve 8,500 local charities and 2 tonnes of C02e has been prevented from waste with every tonne of surplus food Ihat has been redistributed. We continuo to look forward to working wilh them lo support the local national charities in the future. Our partnership with local foodbanks and communities continues to gain momentum as WFA strive to meet the needs of the sector During this year. We supported a local school during their fundraiser in support of children with Autism and raised food donations for a local Community Foodbank in Hanmich serving over £4,000 worth offood to the council. New partnerships formed with Luton Borough Council who ran a Community Food Pantry for their Asian & Black community suffering from the cost-of-living crisis. We donated over £1,100 f food to the council in support. FA supported the Daily Bread Café l Hutton Parish I Peter Church in Oclober through to December 2023 with over £4,440 worth of food and continue lo collaborate with them. The ood was used to support the local churches in the Hutton Parish during the Winter months. e fomed a new partnership with CATCH Leeds (Community Action to Create Hopel by onating £3,609 worth of food. CATCH is a registered charity based in West Yorkshire who help with providing food via their local hub in particular to VLJlnerable young people. ur Clacton Charity shop continues to thrive, when open. the shop is fully staffed wilh 2 paid mployees and a dedicated team of volunteers. The Charity Shop Manager also has online resence and generates additional revenue Ihrough monthly activities {i.e. world book day I RIDE l Remembrance Day etc} and the Charity Shop Manager also attended the Tendring Christmas Market in November. In September he intrOdU￿d a vintage section in the shop which was very well received by the local residents attracting new customers. We continue to campaign through our social media channels and will be looking to develop in other ways using these plattorms as well as introducing various fundraising events for 2024. World Food Aid will continue to develop links to source unwanted stock food items from companies to distribute to other people or charities in need as we have several drop off poinls around the country for unwanled foods to be distributed. We continue to play our part in tackling the global humanilarian crisis by supporting and developing sustainable solulions that enable individuals and communities to lead healthy and fulfilling lives. This year, we are already preparing to support the Gaza Aid plan through our dedicaled charity fundraising efforts and as part of our commitment, one of our esteemed colleagues is completing in the Olympic dislance Triathlon, taking place in Henley. Throughout the year, to support our colleague's fundraising for Gaza Aid, we will be hosting a series of engaging activities to raise funds including a cake bake sale, quiz nights and a staff BBQ where we will be joined by our Charity Shop Manager. By encouraging donations, we aim to maximise our impact. Ensuring that every contribution goes towards alleviating hunger and providing essential aid to those affect by crises. Together we hope we make a meaningful differen￿ in the lives of individuals and CoM￿unitI s worldwide. ulai Chairman & Trustee 18 April 2024 World Food Aid Limited (Company Limited by Guarantee) For the year ended 29th February 2024 Trustees Report The Trustees present their report and accounts for the year ending 29th February 2024. 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 Statement of Recommended Practice 2005. structure Governance and Mana ement World Food Aid is a registered charity constituted under the trust deed with the registration number. 1148371. 11 is also a unique platform for sharing views, events and helping businesses work in collaboration lo create team value in the ethnic food seryice market. When new Iruslees are appointed, they will undergo an induclion meeting lo meet key employees and other trustees of the company and be briefed of their legal obligations under charity law. Thoir induction will also include a session lo familiarize them with the content of the company's constitution, the way in which the board operates, including the decision- making process, business plans and the financial performance of the charity. The trustees are also directors and are primarily responsible for the direction and policy including stratègy, planning and evalualion. hat we do orld Food Aid is an intemational UK-based charity that has been working to help, save and improve the millions of lives all around the world affected by starvation. Since inception, the main fundraising activity for World Food Aid has been conducted through Surya Food's leading Laila basmati rice brand under the banner of 'RI￿ for Life, campaigns and in partnership wilh ther established charities who are worf(ing to alleviate the hunger crisis. World Food Aid IWFA) has been and continues, to focLAS our work on vital issues lo tackle the root causes of poverty. from life's basics food, water, health, and education to the more complex questions arour)d aid, climate change, sickness and human rights. Nationally aim to work in partnership with likeminded Charities, providing grants and food parcels. Internationally we will respond to the Disasters Aid Committee and provide emergency food parcels. During this reported financial year, the Charity continued to collaborate with Coram Childrens Charity as well as Fareshare, a National Charity who redistribute surplus food to local charilies turning them into meals. We have issued £7,267 worth of surplus food lo Fareshare this financial year in turn we've helped serve 8,500 local charities and 2 lonnes of C02e has been prevenled from waste with every tonne of surplus food thal has been redistributed. We continue lo look forward to working with them to support the local national charities in the fLrture. Our partnership with local foodbanks and communities continues to gain momentum as WFA strive to meet the needs of the sector During this year. We supported a local school during their fundraiser in support of children with Autism and raised food donations for a local Community Foodbank in Harwich serving over £4.000 worth offood to the council. New partnerships formed with Luton Borough Council who ran a Community Food Pantry for their Asian & Black community suffering from the cost-of-living crisis. We donated over £1,100 of food to the council in support. WFA supported the Daily Bread Café l Hutton Parish I Peter Church in October through to December 2023 with over £4.440 worth of food and continue to collaborate with them. The food was used to support the local churches in the Hutton Parish during the Winter months. We formed a new partnership with CATCH Leeds (Community Actiori lo Create Hope) by donating £3,609 worth of food. CATCH is a registered charity based in West Yorkshire who help with providing food via their local hub in partiCLfjlar to vulnerable young people. Our Clacton Charity shop continue to thrive, when open, the shop is fully staffed with 2 paid employaes and a dedicated team of volunteers. The Charity Shop Manager also has online presence and generates additional revenue through monthly activities li.e. world book day I PRIDE l Remembrance Day elc) and the Charity Shop Manager also attended the Tendring Christmas Market in November. In September he inlroduced a vintage section in the shop which was very well received by the local residents attracting new customers. We continue to campaign through our social media channels and will be lookirbg to develop in other ways using these platforms as well as introducing various fundraising events for 2024. World Food Aid will continue to develop links to source 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 lo play our part in tackling the global humanitarian crisis by supporting and developing sustainable solutions that enable individuals and communities to lead healthy and fulfilling lives. This year, we are already preparing to supportthe Gaza Aid plan through our dedicated charity fundraising efforts and as part of our commitment, one of our esteemed colleagues is completing in the Olympic distance Triathlon, taking place in Henley. Throughout the year, to support our colleague's fundraising for Gaza Aid, we will be hosting a series of engaging activities to raise funds including a cake bake sale. quiz nights and a staff BBQ where we will be joined by our Charity Shop Manager. By encouraging donations, we aim to maximise our impact. Ensuring thal every contribution goes towards alleviating hunger and providing essential aid to those affeGt by crises. Together, we hope we make a meaningful difference in the lives of individuals and communities worldwide. Mission and Vision WFA endeavors to tackle the global humanitarian crisis by developing sustainable solutions that enable individuals and their communities to live healthy and fulfilling lives. Our mission is to work in partnership with communities around the world to safeguard and promote an individual's right to food as a fundamental human right. We envision a world where every man, woman and child lead a healthy and fulfilling life wilhoul having to worry about how lo put food on the table. Our values are reflected in the work we do. We understand that the hunger crisis cannot be eradicated simply by donating food, but also appreciate there is a place 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 - organisalions that believe in restoring a community's financial independence, so they can look after their families and live with dignity - the belief that the ability to work and acquire skills is of greater benefit Ihan one- off handouts. Locally we will work in partnership wilh Schools and Church groups, providing grants and food parcels. Nationally we will work in partnership wilh likeminded Charities, providing grants and food parcels. Internationally wewill respond to the Disasters Aid Committee and provide emergencyfood par￿[s. 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-ectives Use food aid to support development, bolh economic and social. Prevent acule hunger and malnutrition. Promote world food security in accordan￿ with the recommendations of the United Nations. Save, restore and rebuild lives and livelihoods in emergency situations. help build assets and promote the self-reliance of poor people and communities. particularly through labour-intensive works programmes. strengthen the capacities of countries to reduce hunger, through the hand-over of effective strategies. Lesson food poverty by improving ac￿Ssibl11tY of healthy foods, leading to an improved diet. Ensuring that all foods purchased is of the highest quality and is sold at affordable prices. Engaging and encouraging tho 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 the community. Risk Mana ement The board of trustees examines the key areas of the charitls 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 charitable income from year to year solely for the purposes of charity cost and activities in future. Financial Review The income from charitable activities was £ 73,667 for the year (2023 Income- £ 95,039) and cost for the charity excluding depreciation for the year was £ 79,407 {2023 - £ 89,2661. The Irustees expect the charity activily to continue to be affected by effects of Russian invasion of Ukraine. inflation in the country including energy costs, interests and foods cost, however, the trustees endeavour to carry Ihe activities in line with government 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 accordance wilh applicable law and Uniled Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Principles). Company Law requires the trustees to prepare financial slalements for each financial year. Under company law the trustees must not approve the financial slalements 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 reSoUr￿s, including its income and expenditure, of the charity for the year. In preparing those financial statements the trustees are required to.. select suitable accounting policies and then apply then consistently, observe the methods and principles in the Charities SORP, make judgements and accounting estimates that are reasonable and prudent, and prepare the financial statements on the going con￿rn basis unless il is inappropriale lo presume Ihat the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient 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 Ihat the financial statements comply 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 accordance with the special provisions relating lo companies subject to the small companies. regime within Part 15 of the Companies Act 2006. Ap y trustees on 18 April 2024 and signed on behalf by: Harjit in ulai - Chair of Board of Trustees World Food Aid Ltd Charity No 1148371 Annual accounts for the To eriod Per￿ end dale CC17a Period start date 0110312023 2910212024 Sectiotn A Statement of financial activities Restricted income funds Reco categorl mended s by activity Details of own analysis Unrestricted funds Endowment funds Total last year Total thls year Incoming Incomlng re generated f Voluntary Inc resources (Note 3) F01 F02 F03 F04 F05 ources frorn nds Donat&ons/ acies S01 33,682 33,682 57,426 eneraling lunds Chari sho s ￿leS S02 39,985 39,985 37.613 Niveslmeni $03 Incoming re charltable a ourees from S04 Other inco ing resources Gain on Asset Disrrt)sal Government Grants S05 Total incomlng resources $06 expgnded {Notes 44} 73,667 73,667 95.039 Resource Costs of G8 Costs of g8ne income 8rating Fund$ ting voluntary S07 ing cos S08 46,020 46.020 40,751 Invè$iment ma agemenl costs S09 Charitable a S10 33,187 33,187 200 48,160 Governance costs S11 200 354 Other reso es exp8nded S12 Total resources expended s13 oming/{outgolng) rosources before trnnsfers s14 79,407 79,407 89,266 { 5,7401 { 5,740 5,774 Gross tra sfers between funds S15 Neti omlng/(outyoing) resources before other r•cognised gains/(losses) s16 gnlsed gainsl{losse$l ss8s on revaluation of fixed assets ft)r own use 15,740 } 15,7401 5,774 Othor rec Gains and I the charity's Gains and I S17 sses i)n investment 8ssoIs S18 Net movement in funds s19 brought fonNard Total funds carried ft>rward s21 15.740 84,349 15.7401 84,349 5,774 Total fund S20 78,575 78,609 78,609 84,349 cc 7a (Excell 1810412024 Section B Balance sheet R¢stri¢ted income funds Unrostricted funds Endowment Total this funds year Total last year Fixed Tangible ssets assets F01 F02 F03 F04 F05 (Note 9) 801 B02 Investm nts (Note 101 Total fixed assets B03 B04 Curre Stock an Debtors {Short te Cash at assets work in progress (Note 11) m) investments ank and in hand Total current assets B05 B06 81,986 81,986 81,986 81,986 87.680 87,680 Credito one year amounts falllng due wlthin (Note 12) B10 3,377 3,377 3,332 et current assets/(liabilities) B11 78,609 78,609 84,348 Tota assets less current liabilities B12 Credito one year amounts falllng due after {Note 12) B13 Provisio s for liabilities and charges 814 Net assets B15 78,609 78,609 84,348 Funds Unrestri f the Charity ed funds 816 78,609 78,609 84,348 817 Restrict income funds (Note 13) nt funds (Note 13) B18 Endowm B19 Total funds B20 78,609 78,609 84.348 For the ye Companie The Irusle 2024 in a¢ The direct records a These acc companie Signed by the Irusle r ended 29th February 2024 the Company was entitled to the exemption lo audit under Se¢lion 477 of the Act 2006. s have not required the company to obtain an audit of its financial statements for the year ended 29th Febnjary rdan¢e with Section 476 of the Companies Act 2006. rs acknowledge their responsibility for complwng ¥Mth the requirements of the Act wth respect lo accounting for the preparation of the accounts. unls have been prepared in accordance with the provisions applicable lo companies subject to the small regime. ne or two trustees on behalf of all nature Print Name Date of roval Ha h Dulai 1910412024 cc 7a (Excell 1910412024 Section i= Notes to the accounts Note 1 Basis of preparation This sec on should be completed by all charities. 1.1 Basi These ac value) in . Accoun of accounting unts have been prepared on the basis of historic cost (except that investments are shown al market cordance with.. ing and Reporting by Charities- Statement of Recommended Practice ISORP 2005)., Accounting Standards., Financial Reporting Slandards for Smaller Enterprises {FRSSEI', and wil or and wit the Charities Act. 1.2Cha There ha ge in basis of accounting been no change to the accounting policies (valuation rules and methods of accounlingl since last year 1.3 Chan es to previous accounts No chang s have been made to accounts for previous years. cc 7a {Exc81) 1810412024 Section l= Notes to the accounts (cont) Note 2 Accounting policies ard list of accounting policies has been applied by the charity except ft)r those deleted. Where a different al policy has been adopted then thi5 is detailed in the box below. Thls stan or additio INCOM NG RESOURCES Recogniti resources n of Incomlng These are included in the Statement of Financial Activities {SoFAI when.. the charity becomes enlilled to the resoUr￿S., the trLJslees are virtually certain they will receive the ￿SOur￿$,. and the monetary value can be measured wth suffici8nl reliability. Grants and donations are only included in the SOFA when the charity has unwndilional enlillemenl to the resources. Grants an donations EXPEN ITURE AND LIABILITIES Liability r ognition Liabilities are recognised as soon as there is a legal or constructive obligation commitiing the charity lo pay out reSoUr￿s. Include costs of the preparation and examination of slatulory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or conslilulional mallers. Governan e costs ASSET Tangible by charity ed assets for use All assets are valued al hislroical cost and the depreciation is ¢harg8d on an accumulation basis. The depreciation poliw is 10 % per annum on a slraighl line basis for Plant, Machinery and Motor Vehicles and 33.10 per annum on a straight line basis for Office Equipment. 178 {Excell 1810412024 Section L Notes to the accounts (cont) Note 3 Analysis of incoming resources resources may be fiirther analysed rf this would help the reader of the accounts. Thls year Incomin Last year Analysis Volunta income Donations 33,682 57.426 Total 33,682 57,426 Activities funds for generating Charity shops sales 39,985 37.613 Total 39,985 37,613 Investme t income Total Incoming charitabl resources from activities Other inc ming resources Gain on asset dis osal Governrllent Grants received Total 17a (Excell 1810412024 Section l= Notes to the accounts (cont) Note 4 Resourc Analysis of resources expended expended may be further analysed if this would help the reader of the accounts. This year Last year Analysis Costs of volunta enerating income Printing and Stationery Sales Promotion Total Fundrais costs g trading Purchases Gross Wa es Rent and Rates Heat, Li ht and Power Travellin Printin and Statione Telephone and Com Mainlenance Software subcri Bank Char es reciation General Expenses 24,407 13,129 2,300 20,256 12,957 1,129 uter char es 1,057 2,072 720 1.527 891 1,902 1,440 1,439 tions 808 46,020 737 40,751 Total Investme manage ent costs Total Charitabl activities Gross Wa es Rent and Rales Donations made 12,342 20,845 7,581 40,579 Total 33,187 48,160 Govorna ce costs Gross Wa es Professional Fees 200 354 Total 200 354 cc 7a {Excell 1810412024 Section i= Notes to the accounts (¢ont) Note 5 Please c support Support Costs mplete thls note If the charity has analysed its expenses using activlty categortes and has osts. Fundraising actmty Charftable Activlty Governance Activity Total Cost cost Total Note 6 Details of certain items of expenditure 6.1 Trus e expenses vide details of the amount of any payment orreimbu￿ernent of out-of-pocket expenses made or to third parties ftir axpenses ineuxradby trust￿. If no •xpenses ￿￿e paid. tsr'None' In the appmpriate box{es). Please p to trus please e This year None Last year None Number f trustees who were paid expenses None None Nature o the expenses Total am unt paid None Nono 62 Fees r examlnatlon or audlt of the accounts Please p swvices the app vlde details of the amountpald ft)rany statutory external scrudny of acoounts and other rovided by your independent examiner or auditor. ff nothing was paidplease enter NONE In priate box(es). This year Last year Indepen accoun other fee services) nt examinefs or auditors. fees for reporting on the 200 200 (for example: advice, consuftancy. accountancy pald to the independent examiner or auditor None None 17a (Excel} 1810412024 Section C Notes to the accounts Icont) Note 7 Ploase c Paid employees mplete this note rfthe charity has any emploype& 7.1 Staff Thls year Last year Gross Employe Penslon ges, salarles and benefits in kind s Natlonal Insurance Costs 22,705 1,328 374 24,407 19.046 932 278 20,256 7.2 Ave ge number of full-tlme equlvalent employees In the year of the charity in which the work This year Nurnber Last year Number The pa employ 04JYer Total 7.3 Defin d contribution penslon scheme mplate rfa d8fin8d contrfbutlon nsion scheme is o ils of the stherne NEST Pension Scheme Please c Brief det rdled. This y8ar Last year The costs of the schomo to the charltyfor t￿ ￿ar t of any contributions outstanding at the ￿ar end t of any contributions propaid at th• ￿ar ond 374 278 The amou 73 The amou 17a {Excel) 1810412024 Section l= Notes to the accounts (cont) Note 8 Grantmaking plete thls note If the charfty made any grnnts or donations which in aggregate fom? a materlalpart rftable activities undortaken. Please ofthoc 8.1 Total lue ot grants Grants to institutlons Total amount Grants to Individuals Purpose for whi¢h grants made EF OF POVERTY Total amount £ THE REL 20,845 Totsl 20,845 8.1 Grdnt aking costs If the cha with gran "I￿S accounts are prepared on the °acllvlty basls-please glve delails of any support eost assoclated making. Please enter-Nil- rfthe charity does notidentify and/orallo¢ate SUPPOrt costs. Support Sts of granbmaklng £Nil 8.3 Gran made to Instltutlons If the cha glve dets infomiati ty has made grnnts to partlcularlnstitthns that arn materfal In the context of its grantmaking please s of the Institutlon supported, purpose of the grnnt and totalpaid to each institutson listed. Suffi¢i•nt n should be iven to mvide a reasonable understandi of the ran e of Institutions su rted. Total amount of rants paid £ Names of Institutlons Puryjose CATCH C THE RELIEF OF POVERTY 3,609 291 CORAM C ILDREN'S CHARITY THE RELIEF OF POVERTY DAILY 8R D CAFÉ HUTTON PARISH THE RELIEF OF POVERTY 2,502 7,267 4,040 1,148 51 FARESHA THE RELIEF OF POVERTY HARWICH ISCTRICT COMMUNITY FOODBANK THE RELIEF OF POVERTY LUTON B OUGH COUNCIL THE RELIEF OF POVERTY SHOREFI DS SCHOOL THE RELIEF OF POVERTY ST PETER CHURCH THE RELIEF OF POVERTY Total grants to institutsons 20,845 7a (Excel) 1810412024 Section C Notes to the accounts (contl Note g Please Tanglble fixed assets mplete thls note If the charlty has any tangible fixed assets r valuatlon 9.1 Cost Freehold land & buildings Other land & bulldlngs Plan( machlnary and motor vghlclos Flxtures. ffttlngs and oquipmgnt Payments on a¢¢ount and assats under con8tructlon Total Balanc8 forward Additions rought 5.010 5,010 Revaluati ns Disposa Transfers . Balance forward rried 5,010 5,010 9.2 Accu ulated depreclation and impairnient provisions -Basls SLorRB SLorRB SL SL SLorRB 10% 33% Balance forward Depreciat for year Impaimie rought 5.010 5,010 on charge provisions Révaluati ns Disposals Transfers Balanc8 forward rri￿1 5,010 5,010 9.3 Net Broughtf Carried f k valuo rward 9.4 Reval Ifanyr ation assets have been revaluedplease give details of the vajuer and method of valuation 17a (Excel) 10 1810412024 Section i= Notes to the accounts (cont) Nots 10 Investment assets Please c mpleto thls note rf the charity has anylnvestment assets. 10.1 Flxe assets Investments ca￿ng ( Add: add ark8t} value at beginning of year ions to investments at cost Less: dis osals at carrying value ct): net gainl{loss} on revaluation arket) value at end of year Addl{d Carrwng ( Pleas0 p 10.2 rowB vldo bolow." breakdown of the market values of Investments shown above agreelng wSth the balance sheet 10.3 breakdown of the Income from Investments agreeing with SOFA row SO3. Analysi of investments 102 Market value at end 10.3 Income from Investments for the year Investme t properties Investme invostmo collectlv ts Ilsted on a recognlsed stock 8xchangg or hold in common t ftinds. open ended investment Cornpanles, unlt trusts or other Investment schemes ts in subsidiary or connected undèrlakings and eompanles Investme Securi not listed on a recognlsed Stock Exchan Cash hol as part of the investment portfolio Other in stments 10.4 Ma rlal Investment holdings le Investment Is material in tenns of its valuo (for example reprèsents more than 5 per cent of the e charÉtys totsl Investments) please provide detsils. If any sin value of Investme t held Market V luè 17a (Excel} 11 1810412024 Section l= Notes to the accounts (conl) Note 11 Please c Debtors and prepayments mplets this noto rfthe ¢ha17ty has any dobtors or ents. f debtors Amounts falllng due within one year This yoar Last year Analysls Amounts falling due after more than one year Thls year Last year Trade de Amounts undertak tors due from subsldlary and associated Other de tors Prepaym nts and accrued Income Totsl Note 12 Ploaso c 12.1 Anal Credltors and accruals ploto this noto rftho Charity has any creditors oraccruals. Is of creditors Arnounts falling due wlthln one year This year Last year Amounts falling due after more than on• yaar This yoar Last year Loans an Trade C Amounts undertak overdrafts itors due to subsidlary and associatod gs itors 2,985 Other cre 337 347 Accruals nd deferred income Total 12.2 Sec rlty over assets , overdraft or othr croditor holds a charge or other security over any assets of the charlty vide details. Irany loa please p 12 cc 7a (Excel) 1810412024 Section Notes to the accounts (cont) Note 13 Please c Endowment and restricted incorne funds mplete this section rfthe charity has any endowment or restrycted incom8 fiinds 5 held 13.1 Fun Please gl e a brief description of any of the following type of funds held by the charity: permanent endowment funds {PE): expendable endowment funds (EE); and restricted income funds, induding spKial trusts. of the charity (R). nd Name Type PE. EE orR Purposg and Restrjctlons 13.2 Mo Please gi columns ements of major funds details of the movements of the major funds summarlsed In the rnstrf¢tod and endowment f the Statement of Flnancial Activitias. Fund balances brought forward Fund balances carriod fonvard Incomlng resources Outgolng Gains and 105ses Transfers Fund na Total Funds 13.3 Tra Please gl From sfers between funds e detalls of any transfers between funds. Fund {Name) To Fund {Name) Reason Amount 13 cc 7a (EX￿1) 18A)412024 Section ,C Notes to the accounts (cont) Note 1 ff thech 6) detail please e 14.1 Re Transactions with related parties rlty has any transactlons with relatedparti8s (other than the trustoo oxponses explalned in note of such transactlons should be pmvided In thls note. If there ar8 no transactlons to report, ter"Nono" In the relevant l)oxe5. uneration and benefits Please g e the amount of, and legal8ufhorfty for, anyrnmunarntion or otherbenefrts pald to a trustee or otherrel tedparties by the charity or any Instltution or company connected with it. Amounts paid or benefil value Thls year Last year Nam of trustee or ¢onne¢lod party Legal authority (eg order, govemlng document) 14.2 Loa Please gi charity a details of and amounts owlng to or from the charws trustees or otherrèlatedpa￿aS by the the end. Nam8 of trustee or connected party Amount owing This year Last year Legal authority Duetot rolatad p Due from and relat stees and rties trustees d partles 14.3 Othe transactlon(s) wlth trustees or relatod parties ' e details of any transaction undertaken by (or on behalf 04 th• charity In whlch a trustee or rty has a material intsrnsL Ploase g relatedp Nam8 or rel the trustee ed party rade Ltd Relatlonshlp to charity Haryit Singh Dulai is Trustee of WFA and Director of Flying Trade Ltd Description of the transaction(s) Donatlons Received from Flying Trade Ltd Thls year Last year Flylng 33.345 29.026 Flying rade Ltd Hariit Singh Dulai is Trustee of WFA and Director of Flying Trade Ltd Goods purchased at cost pnce from Flying Trade Ltd for donatlons 12,890 Flytng T ade Group LC Hariit Singh Dulal Is Trustee of WFA and Dlrector of Flying Trade Group PIC WFA rented commercial units for charity shops from FI￿"ng Trade Group PIC at discounted market value rate 12,500 12,500 14 cc 7a (Excd) 18104r2024 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report port to th¢ trusteesl members of counts for the year ended Charlty no