Trustees Report & Financial Statements For the year ended 28 February 2025 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
Le al and Administrative Information of the Com an Trustees: Mr Harjit Singh Dulai Mr. Sukhjit Singh Dulai (appointed on 19 September 2025) 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 2025 Chairman's Statement Wodd Food Aid is a UK-based international charity dedicated to improving the lives of the millions of people affected by hunger across the globe. Since inception, our core fundraising activity has been conducted in partnership with Surya Foods, through its leading Laila Basmati rice brand and our other World Food brands. Working alongside established charity partners, we continue to respond to the global hunger crisis wilh compassion and urgency. Our mission remains focused on tackling the root causes of poverty and hunger. From life's most basic essentials-food, clean water, healthcare, and education-to the wider challenges of climate change, inequality and human rights, World Food Aid (WFA) works to deliver both immediate relief and long-term sustainable solLrtions. The WFA has previously supported major charitable partners such as the British Red Cross, Fareshare and Trussell. Recent campaigns have delivered 100,000 meals to Ukrainian refugees displaced by the war (Colchester to Ukraine Appeal 2022} and provided water aid to communities in Gaza {via the charity Humanily Without Borders). National and International Impact In the UK, we continue to provide grants, food parcels and support to like-minded charities. Intemationally. Over the past year, WFA collaborated with Coram Children's Charity, The Felix Project, City Harvest and Billericay Food Bank. Through our support of City Harvest, we issued surplus food worth £32,751.77, helping serve 8,129 meals to local charities. This redistribution not only fed thousands of people in need but also prevented significant food waste-saving an estimated 2 tonnes of CO2e emissions kilograms of surplus food redistributed. We plan to build on our partnerships with all our partners, especially smaller local charities closer to our Harwich head office into 2026 to extend our national impact even further. Closer to home, WFA strengthened partnerships with local foodbanks and community groups. At Easter and Christmas 2024. we supported Hutlon Parish's 'Daily Bread,
programme with food donations amounting to £4,017.00, directly benefitting local homeless individuals. We also supported the Salvation Army's toy appeal, donating 120 plush toys for vulnerable children, and provided snacks and toys for Coram's Adoption Activity Days. This year also marked the formation of new partnerships with The Ark Family Resource Centre (Harwich}, Parkestone Welfare Park & Residents Association (Halch), New Cross Hospital and Binningham Women's Children's H05Pital Charity. Clacton Charity Shop- 5 Years of Community Spirit Our Clacton Charity Shop, located on Clacton High Street. celebrated its 5th anniversary on 9 March 2025. Under the leadership of Manager Peter Hoare and the support of dedicated staff members, the shop has gone from strength to strength. Over the past year, it has hosted themed community events including World Book Day, Pride Month, and Remembrance Day. The shop also took part in the Clacton Air Show and Tendring Christmas Market, bringing our mission to local audiences. The newly launched vintage section has attracted strong interest from the community, while the shop's expanding presence on eBay has enabled us to reach supporters nationwide. Looking ahead, the shop will continue to harness the power of social media and explore new fundraising opportunities to strengthen its role in our wider mission. Responding to Global Crisis- Punjab Floods 2025 In August 2025, devastating floods struck Punjab, displacing over one million people overnight and destroying homes, crops and livelihoods. In response, World Food Aid, with the support of Surya Foods, immediately began delivering emergency food parcels and launched a critical fundraising campaign. This appeal highlights the life-changing impact of small contributions". just £12 can feed a family of five for an entire week. By mobilising public support, we aim to reach as many displaced families as possible, giving them the slrength to rebuild their communities. The floodwaters destroyed crops across over 300k acres offarmland- that's almost the size of Greater London - across India's Punjab state and Pakistan's Punjab province, leading to an expected 20-25 % drop in basmati rice production this year. Together, India and Pakistan supply around 97 % of the world's basmati exports, with the Punjab regions contributing nearly half. Punjab is often called the breadbasket of SouthAsia, and its recovery is essential, not just for local communities but for the global food supply chain of basmati rice.
LookSng Forward As we reflect on 2024-2025, we remain committed to building stronger partnerships, expanding our reach and delivering innovative, sustainable solutions to hunger. Through food donations, community action and global emergency relief, WFAwill continue to play its part in tackling the humanitarian crisis and empowering individuals and communities to lead healthier, more fulfilling lives. We are also considering Ihe launch of an annual fundraising gala dinner, drawing on our strong connections within the food industry. This event has the potential to significantly strengthen our fundraising capacity and provide vital support for our work Together, with the generosity of our partners, supporters and volunteers, we are making a tangible differenc-and we look fotward to achieving even greater impact in the years ahe ingh Dulai Chairman & Trustee 13 October 2025
World Food Aid Limited (Company Limited by Guarantee) For the year ended 28th February 2025 Trustees Re ort The Trustees present their report and accounts for the yearending 28th February 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with Company Acl 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 nurnber.. 1148371. It is also a unique platform for sharing views, events and helping businesses work in collaboration to create team value in the ethnic food service market. When new trustees are appointed, they will undergo an induction meeting to meet key employees and otherlrustees of the company and be briefed oftheir legal obligations under charity law. Their induction will also include a session to 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 strategy, planning and evaluation. What we do Wodd Food Aid is a UK-based international charity dedicated to improving the lives of the millions of people affected by hunger across the globe. Since inception, our core fundraising activity has been conducted in partnership with Surya Foods, through its leading Laila Bas- mati rice brand and a series of national Rice for Life campaigns. Working alongside estab- lished charity partners, we continue to respond to the global hunger crtsis with compassion and urgency. Our mission remains focused on tackling the root causes of poverty and hunger. From life's most basic essentials-food, clean water, healthcare, and education-to the wider chal- lenges of climate change, inequality and human rights, Worfd Food Aid IWFAI works to deliver both immediate relief and long-term sustainable solutions. Mission and Vision WFA endeavors to tackle the global humanitarian crisis by developing sustainable solutions that enable ind ividuals 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 without having to worry about how to 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 - organisations 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 than one-off handouts. Locally we will work in partnership with Schools and Church groups, providing grants and food parcels. Nationally we will 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. 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, both economic and social. Prevent acute hunger and malnutrition. Promote world food security in accordance 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, par- ticularly 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 accessibility of healthy foods, leading to an im- proved diet. 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 regen- eration 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 charity's operations, and it regularfy 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 Polic 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 £ 98,122 for the year (2024 Income - £ 73,667) and cost for the charity excluding depreciation for the yearwas £ 104,063 (2023- £ 79,4071. The trustees expect the charity activity to continue to be affected by effects geo-political climate, inflation in the country. however, the trustees endeavour to cary the activities in line with govemment guidance to continue to achieve its objectives. Statement of Trustees Res onsibilities The trustees are responsible for preparing the trustees annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom GenerallyAccepted Accounting Principles). Company Law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements 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 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 concern basis unless it is inappropriate to presume that 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 that the financial slatements 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 re aration 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 to companies subject to the small companies, regime within Part 15 of the Companies Act 2006. Approved by t st eson13 ct ber 2025 and signed on behalf by: Harjit Singh Dulai- Ir of Board of Trustees
Wlorld Food Aid Ltd 1148371 Annual accounts for the eriod Period end date CC17a Period start date 0110312024 To 2810212025 Section A Statement of financial activities Restricted Incomg funds Recommended categories by activlty Details of own analysls Unr8Strictèd funds Endowment funds Total last year Total this year Incoming resources {Note 3} F01 F02 F03 F04 F05 Incoming resources from gever3ted funds Voluntary incom& DonationslLe acies soy 54,252 54,252 33.682 Activllles for n8(all fvjnds Chari shts s sales S02 43,871 43,871 39,985 Invesimani irtom S03 Incoming r8sourco5 from charltable activlties S04 Othor incomlng resourc85 Gain on Asset Disrosal Govemrnent Grants sos Total incoming resources s Resource$ expended INoles 4-8) 98,122 98,122 73,667 C05t5 of Generating Fund5 Costs ol generating voluDiary inGome 807 Fundraising tradiw costs SO8 50,390 50.390 46,020 Invesim&ni managemeni ¢O$L8 S09 Charltable a¢tivttiès S10 53,473 53,473 33,187 Governance costs S11 200 200 200 Other rosourc88 8xpend8d S12 Total resources expended $13 Net incomlng/(outgping) resOUe5 before transfers s14 104.063 104,063 79,407 5,941 5,941 5,740 Gross transfers between funds S15 Ngt Incomlng/(outgolngJ resourcgs befor• otherrecognlsed galnsl(loss•s) s1S Other recognlsed gainslllossesl Gains and losses on revaluation of fixed assets for the charity's own use Gains and losse5 on invèstmènt assets 5,941 5,941 5,740 S17 S18 Net movement in funds s19 Total funds brought forward Total funds carried forward s21 5,941 78,609 5,941 78,609 5.740 84,349 S20 72,668 72,668 78,609 CC17a {EX1) 1511012025
Section B Balance sheet Restricted income funds Unrestricted funds Endowment Total thi5 funds year Total last year Fixed assets Tangible assgts F01 F02 F03 F04 F05 (Note 91 B01 B02 Investrnents INote 101 Total fixed assets B03 B04 Current assets Stock and work In progress Debtors (Note 11) {Short temil investments Cash at bank and in hand Total current assets B05 B06 B07 808 75.966 75,966 809 75,966 81.986 Creditors: amounts falling due within one yoar INote 12) B10 3,298 3,298 3,377 Net current assets/(liabilities) B11 72,668 72.668 78.609 Total assets less Gurrent liablllties B12 Creditors: amounts falling due after one year (Note 121 B13 Provisions for liabilitie$ and charges 814 Net assets 815 72,668 72,668 78,609 Funds of the Charity Unrestricted funds 816 72,668 72,668 78,609 B17 Restricted income funds (Note 131 Endowment funds INote 131 B18 19 Total funds B20 72,668 72,668 09 For the year 8nded 29th February 2020 the company was entitled to the exemption lo audit under Se¢tion 477 of the Companies Act 2006. The trustees have not required the company lo obtain an audit of its finan¢lal slalem¢nts for the year ended 29th February 2020 in a¢cordance with Section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect lo accounting records and for Ihe preparation of the a¢¢ounts. These accounts have been prepared in accordance with the provisions applicabl& lo companies sublecl to Ihe small companiès, regime. Signed by one or Mo trustees on behalf of 311 the trustees Date of roval Signalure Print Name Ha il Sin h Dulai 1311012025 CC17a (Excell 1511012025
Section C Notes to the accounts Note 1 Basls of preparation Thls sectlon should be completed by all charities. 1.1 Basis of accounting These a¢¢ounls have been prepared on the basis of historic cost lexcepl that inveslrllenls are shown al fflarkel valLJel in accordance with.. Accounting and Reporting by Ch8rilies- Slalemenl of Recomtnended Practice ISORP 20051., and with. Accounling Stsndards", Financial Reporting Standards for Smaller Enterprises IFRSSEI., or and with the Charities Act. 1.2 Change In basis of accounting There has been no change lo the accounting policies Ivaluation rules and methods of accounlingl since last year 1.3 Chang&s to pravious accounts No changes have been made lo accounts for previous years. CC17a (Excell 1511012025
Section C Notes to the accounts Icontl Note 2 Accounting policies This standard list of accounting policies has be applied by the charity except for those deleted. Where a different or additional policy has been adopted then thi5 is detailed in the box below. INCOMING RESOURCES Rècognition of Incoming re50urces These are included in the Statement of Flnandal Activities ISOFAI when-. the charity becomes enlilled lo the resources., the Iruslees are virtually certain they will receive the resources., and the monetary value can be measured with sufficient reliability. Grants and donations ar¢ only included in th8 SOFA when th8 charity has unconditional enlillemenl lo the resources. Grants and donatlons EXPENDITURE AND LIABILITIES Liability recognTrtion Liabilities are recognised as soon as there is a legal or conslruclive obligation cornrnitting the charity to pay out resources. Include costs of the preparation and examination ol slalutory accounts, the costs of Iruslee meetings and cost of any legal advice to trustees on governance or constitutional matters. Governance costs ASSETS Tanglblè fixad assets for use Ail assets are valued at histroical cost and the depreciation is charged on an accurnulation by charlty basis. Thé dèpr8cialion policy is 10Yo per annum on a straight linè basis fc>r Plant, Ma¢hinèry and Motor Vehicles and 330/0 per annum on a slraighl lin8 basi5 for Ofrice Equiprnenl. CC17a (Excell 1511012025
Section C Notes to the accounts Icontl Note 3 Analysls of incoming resources Incomlng resources may be fvrther analysed if this would help the reader ofthe aGcountS. This year Last year Analysls Voluntary in¢ome Donations 54,252 36,682 Total 54,252 36,682 Activities for generating fund5 Charity shops sales 43,871 39,985 Total 43,871 39.985 InSIMnt Income Total Incoming resources from charitable activities Othor Incoming resources Gain on asset dis osal GovernFnenl Grants re¢eived Total CC17a (Excell 1511012025
Section C Notes to the accounts Icontl Note 4 Analysis of resources expended Rg$our¢g$ èxpandad may bo further analysgd If th1$ would help tho roadèr of the accounts. This yaar Last year Analysis Costs of generating voluntary income Printing and Stationery Sales Promotion Total Fundraising trading costs Purchases Gross Wa es Rent and Rates Heal. Li hl and Power Travellin Printin and Statione Tele hone and Com Maintenance Software subcri Bank Char es Depreciation General Expenses 28.969 13.155 1,720 24,407 13.129 2,300 uler char es 1,129 2,392 432 1,436 1.057 2,072 720 1.527 tions 1,158 50,390 528 45.740 Total Investment management costs Total Charltable activitias Gross Wa es Rent and Rale5 Donations made 13,131 40,342 12,342 20,845 Totsl 53,473 33,187 Governance costs Gross Wa es Professional Fees 200 200 Total 200 200 CC17a (Excell 1511012025
Section C Notes to the accounts Icontl Note S Support Costs Please complete thls note if the charity has analysed its expenses uslng actlvlty categorles and has support costs. Fundralslng actlvlty Charltable A¢Uvlty Govemance Actlvlty Total Cost rt¢ostt Total Note 6 Detalls of certain items of expenditure 6.1 Trustee expenses Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses Incurred by trustees. If no expn5es wère pèid, please èntèr'None' in the appropriate box(esJ. This year None Last year None Number of tru$t¢ès who wère pald expenses Nona Non• Nature of the expenses Total amount paid Nono Non¢ 6.2 Fee$ for èxamination or audit of tho accounts Please provide details of the amount paid for any statutory extemal scrutiny of aGcounts and other seThices provided by yourlndepéndent examlner orauditor. If nothing was p•idplease ènter NONE the appropriate box(es). This year Last year Indep¥ndgnt èxamin•Ws or auditors, fees for reporting on the accounts Other fe95 Ifor •xamplo'. advlce, consultancy, accountaney servicèsl pald to tha Ind•p&ndent examiner or auditor 200 200 Nonè Non? CC178 IExcdl 1511012025
Section C Notes to the accounts Icontl Noto 7 Paid employees Pleaso ¢omplete thts notè If the charlty ha$ any ¢mploye¢s. 7.1 Staff Costs This ye•r Last year Gross w•ge$, salari¢$ and bènèfits In klnd Employer's National Insurance costs Pen5i9n costs 26,998 1.553 417 28,969 22.705 1,328 374 24,407 Total staff costs 7.2 Ara9¢ numbèr of full-tlm8 èquivalgnt gmployegs in the year Thls year Number Last yeor Number Thè parts of th• charity in which the employees work Total 7.3 Defined contribution pension scheme Please complète if a definéd contribution en5ion sGheme 15 0 erated. Brlof d&talls of the scheme NEST Pènsion Schamè Thi5 y?ar Last year Th8 CO5t5 of thè scheme to the charfty for th8 year The amount of any ¢ontrlbutlon$ outstanding at the year ènd The amount of arby contrlbutlons prepald at the yaar end 417 374 CC178 (Exc811 1511012025
Section C Notes to the accounts (cont) Note 8 Grantmaking Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable actlvitles undertaken. 8.1 Total value of grants Grants to institutions Total amount Grants to individuals Purpose forwhich THE RELIEF OF POVERTY rants made Total amount £ 40.342 Total 40,342 .1 Grantmaklng costs If the charity's accounts are prepared on the "actlvity basis" please give details of any support cost associatsd with grantmaking. Please enter"Nil" if the charily does not identify and/or allocate 5UPPOrt costs. Support costs of grantmaking £NII 8.3 Grants made to institutions If the charity has made grants to particular institutions that are material In the context of Its grantmaklng please give details ofthe institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range ol institutions su orted. Nam9s of institutions Purpose Total amount of grants pald £ CITY HARVEST LONDON DAILY BREAD CAFÉ HufroN PARISH THE RELIEF OF POVERTY 32,752 4,017 2,008 550 THE RELIEF OF POVERTY CATCH CHARITY THE RELIEF OF POVERTY NEW CROSS HOSPITAL CHARITY THE RELIEF OF POVERTY BIRMINGHAM HOSPITAL CHARITY THE RELIEF OF POVER 550 CORAM CHILDREN'S CHARITY THE RELIEF OF POVERTY 263 BIRMINGHAM SALVATION ARMY THE RELIEF OF POVERTY 202 Total grants to institutions 40.342 CC17a (Excell 1511012025
Section C Notes to the accounts Icontl Note 9 Tangible fixed assets Ploase complete thi5 note if the charlty has any tangible fixed assats 9.1 Cost or valuation Freehold land & bvildings Other land & buildings P18nt. machlnery and motor vehicles Fixtures. fStt(n9$ and equlpment Payments on a¢¢ount and assets under construction Totsl Balance brought forward Additions 5,010 5,010 Revaluations Disposals Transfers ' Balance carried forward 5,010 5.010 9.2 Accumulated depreciation and impairment provi$lons Basis SLorRB SLorRB SL SL SLorRB Ratè 10/0 3310 Balance brought forward Depreciation charge lor year Impairment provisions 5.010 5,010 Revaluations Disposals Transfers. Balance carried forward 5.010 5,010 9.3 Net book value Brought forward Carried forward 9.4 Revaluation If any fixed assets havo bggn revaluedplease give details of the valuer and method of valuation CC1 Ta (Excell 10 1511012025
Section C Notes to the accounts Icontl Note 10 Investmont assots Please ¢omplete this note if the charity has any investment assets. 10.1 Flxed assot$ investments Carrying Imarketl value al beginning of year Add.. additions to investments al cost Less.. disposals al carrying value Addlldoductl.. nel gainlllos51 on revaluats'on Carwng Imarkell value al end of year Please provide below.. 10.2 A br9akdown of the market values of Investments shown above agreelng with the balance shoet row BO3. 10.3 A braakdown of the incomè from Investments agreeing wlth SOFA row SO3. Analysis of investments 10.2 Market value at year end 10.3 Income from rnve5tments for thè tr Investment prop&rties Investments listed on a recognlsed sto¢k ex¢hang8 or held In common investment funds, open ondad investment companies, unit trusts or other collective Investm8nt schemes Investments in subsidiary or connead undortaking$ and compani9$ Securitie5 not listed on a rgcognised Stock Exchange Cash held as part of the investment portfollo Other investments Total 10.4 Material investmont holdlngs If any single investment Is materlal In terms of Its valug (for example rgpr&$ents more than 5 per cent of tho value of the charity's total invfystmentsl please provide details. Investment held Market Value CC17a IE1) 1511012025
Section C Notes to the accounts Icontl Note 11 Debtors and prepayments Please Gomplelè thls not• if the charity has any debtors or ments. Amounts falling due within one year This yèar Last y•ar Analysis of debtors Amounts falling due after more than one year This year Last year Trado dèbtors Amounts du8 from subsidiary and associated undèrtakings Other debtors Prepayments and a¢¢rued in¢om¢ Total Note 12 Creditors and accruals Please complete this note if the charity has any Greditors ora¢¢ruals. 12.1 Analysi5 of creditors Amounts falling due within one year This year Last year Amounts falling due after more than one year Thls year Last yaar Loans and ovèrdrafts Trade creditors Amounts due to subsidiary and associated undertakings Other creditors 2,907 3,040 390 337 Ac¢rua15 and dafarrod Incom8 Total 12.2 Security over assets If any loan, overdraft or othèr creditorholds a charye or other security over any assets of the charity please pmvidè detalls. 12 CC17a (Excell 1511012025
Section C Notes to the accounts Icontl Note 13 Endowment and restricted income funds Please Complete thls soctlon if the charity has any endowment or restricted income funds. 13.1 Funds hold Please give a brief description of any of tha followlng typ8 of funds held by the charlty: pernianent endowment funds IPEI., oxpèndable endowment funds IEEI- and restricted in¢ome funds. including $pa¢ial trusts. of the ¢harity {Rl- Type PE, EE orR Purpose and Re5tridion$ Fund Name 13.2 Movements of major funds Please give details of the movements of the major funds summarisgd in the rostricted and endowment columns off the Statement of Financial AGtivities. Fund balances brought forward Fund balances carried forward Incoming resources Outgoing resources Gains and losses Transfers Fund names Total Funds 13.3 Transfers between funds Please give details of any transfers between funds. From Fund INamel To Fund (Namel Rea50n Amount 13 CC17a (Exeell 1511012D25
Section C Notes to the accounts (cont) Note 14 Transactions with related parties If the charity has any transactlons wlth related parties (other than the trustee expenses explained in note 6) details of such transactions should be provlded In thls note. If there are no transactlons to report, please enter"None" in the relevant boxes. 14.1 Remuneration and benefits Please give the amount ol, and legal authority for. any remuneration or otherbenefit5 paid to a trustee or other relatedpartles by the charity or any institution or company Connected with it. Amounts paid or benefit value Name of trustae or connected party Legal authority leg order, governing document) This year Last year 14.2 Loans Please give details of and amounts owing to or Irom the charity's trustees or other related parties by the charity at the year end. Namg of trustoa or connected party Amount owing Thls year Last year Legal authority Due to trustees and related parties Due from trustees and related parties 14.3 Other transactlonlsl wlth trustges or rglatod parties Please give detalls of any transaction undertaken by (or on behalf ofj the charity in which a trustee or related party has a material interest. Name of the trustee or related party Flying Trade Ltd Relationship to charity Harjit Singh Dulai Is Trustee of WFA and Director of Flylng Trade Ltd Description of the transa¢tionl$l Donatlons Received from Flying Trade Ltd Thls year Last year 53.473 33,345 Flying Trade Group PLC Harjit Singh Dulai is Truslee of WFA and Director of Flying Trade Group PIC WFA rented commerclal unlts for charity shops from Flying Trade Group PIC at dlscounted market value ratè 12,500 12,500 14 CC17a (Excell 1511012025
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of World Food Aid Limited On accounts for the year ended 28 February 2025 Charity no (if any) 1148371 Set out on pages Not Appli¢able I report lo the trustees on my examination of the accounts of the above charity {"Ihe Trust") for the year ended 2910212024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 {"Ihe Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145151{b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention {olher than that disclosed below ') in cor7neclion with the examination which gives me cause lo believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's ststement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order lo enable a proper understanding of the accounts lo be reached. Please delete the words in the brackets if they do not apply. Signed: Date.. Name: Nick Pomroy Relevant professional qualificationls) or body lif any).. Fellow of the Association of Charity Independent Examiners Address.. Durrants Calleva, Accountants and Tax Advisors 4 Comel House, Calleva Park Aldermaston, Berkshire RG7 8JA IER October 2018
Section B Disclosure Only complete if the examiner needs to highSight matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to dis¢lose. None IER October 2018