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← Children Of Adam

2024-08-31-accounts

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www.childrenofadam.org
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Annual Report for the Year Ended 31 August 2024

Contents

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Ramadan Aid
Pakistan
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F [E] EDIN
PROJEC
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What's inside?

What's inside?
Financial Review 1-3
Our Mission and Vision 4
Core Areas of Focus 5-6
Global Projects Highlights 7-8
Impact Summary 2024 9 -10
Trustees Annual Report 11 -12
Audit Report 13 -17
Statement of Financial activities 18
Balance Sheet 19
Notes to the accounts 20 -28
Statement of cash flows 29

Annual Report for the Year Ended 31 August 2024

The trustees review the amount of reserves that are required to ensure that they are adequate to fulfil the charity's continuing obligations. Currently the unrestricted reserves provide the charity with adequate funds to cover operational costs as a means for it to meet its charitable objectives for a minimum of six months. In the Trustees’ view this would need to be extended to nine months in the future so as to be able to deliver more projects directly. Restricted funds are maintained to make sure that the delivery of these vital projects is not disrupted due to unexpected rise in costs or fall in income. Where achievable the funds are dispensed to their related projects as soon as possible.

The charity has been funded by the generous donations of its supporters and the associated Gift Aid. The charity has managed to increase its profile from its work in the community this year and have raised public support.

Currently the unrestricted reserves provide the charity with adequate funds to cover operational costs as a means for it to meet its charitable objectives for a minimum of three months. In the Trustees’ view this would need to be extended to six months in the future to be able to deliver more projects directly.

In response to the ongoing cost of living crisis, particularly here in the UK, we plan to expand our support efforts—focusing especially on the Peterborough area. Our priorities include improving access to education through collaboration with Iqra Academy, and enhancing support for local community and youth initiatives, such as boxing clubs and other active sports programmes.

On a global level, the Trustees aim to continue and expand the charity's existing projects. This includes increasing the delivery of humanitarian aid and exploring new initiatives such as the installation of hand pumps, the distribution of food aid, and the development of shelter homes to assist vulnerable communities around the world.

STRUCTURE, GOVERNANCE, AND RISK MANAGEMENT

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

Children of Adam (COA) was established on 11th December 2012 to meet the need for providing food and other provisions to the homeless particularly in Peterborough and also supporting projects of registered charities in the UK and overseas.

Children of Adam operated as an unregistered voluntary organisation. It constituted a trust deed on 11/07/2013 in view of registering with the Charity Commissioners. On 05/08/2013 Children of Adam was granted registration as an unincorporated charity (Charity Number 1153244).

Annual Report for the Year Ended 31 August 2024

When the charity identifies the need for new trustees. This is done if vacancies have arisen through resignations, or it may be that existing trustees have decided that one or more new trustees with specific skills are needed to help run the charity more effectively. The process includes potential new trustees completing a skills audit and signing a declaration of eligibility to become a trustee after which existing trustees will meet formerly to discuss the application before deciding to appoint any individual to the board.

The charity works with Peterborough Muslim Education Trust charity no. 1136767 (PMET), both charities share a common trustee. PMET provides a homeless shelter and educational services for Syrian refugees.

In addition to working with PMET COA supports the charitable work of registered charities in the UK for delivery of aid overseas to areas where COA currently does not implement the delivery of the project itself and/or has no volunteers or staff based overseas. Grant making is done through Memorandum’'s of Understanding with registered charities.

Occasionally Trustees may go over with partner organisations to oversee the projects its donors have contributed for to ensure funds were applied consistently to donor intentions and to take part in the delivery and distribution effort.

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

Children of Adam Program Risk Management Framework ensures the Know Your Partner identification, verification and intended end users benefit through a set of described due-diligence procedures as per the standards of the charity commission guidance.

As part of our accountability to our donors, legal compliance and beneficiary, Children of Adam through different instruments ensures that project implementing partners are acting in a manner conducive to achieve our essential purpose of charitable work. This involves reviewing the following areas:

» Propose projects that respond to the needs, rights and interests of poor and marginalised women and men and involve them in identifying these, building on their own capacity

» Partners are capable of achieving significant positive change for poor and marginalised people demonstrate a clear vision for their work, compatible with Children of Adam's

Partners demonstrate transparent governance and management

Partners must be aware of the Red Cross principles, and SPHERE and HAP standards in any emergency work.

In addition to this we have policies in place like: Safeguarding, health & safety, risk assessment and more.

Annual Report for the Year Ended 31 August 2024

STATEMENT OF PUBLIC BENEFIT

The Trustees confirm that they have complied to the best of their abilities with their duty to have due regard to the guidance on public benefit published by the Charity Commission. The charity's activities are all aimed at advancing its charitable objectives for the public good. This includes the provision of services, relief efforts, and community development work that directly benefit disadvantaged individuals and communities.

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

» Select suitable accounting policies and then apply them consistently;

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

A resolution proposing the reappointment of Hamilton Coopers as auditors will be put to the annual general meeting.

AUDIT REPORT (SUMMARY)

The independent auditor has issued an opinion on the charity's financial statements for the year ended 31 August 2024. The audit was conducted in accordance with International Standards on Auditing (UK), and the auditor confirmed that the financial statements provide a true and fair view of the charity's financial activities and position. No material misstatements or irregularities were identified. The audit also confirmed that the information provided in the Trustees’ Report is consistent with the financial statements.

Annual Report for the Year Ended 31 August 2024

Children of Adam is a UK-based international humanitarian charity inspired by Islamic values of compassion, dignity, and social justice. Our mission is to serve humanity regardless of race, religion, or gender, by providing emergency relief, sustainable development programs, and ongoing support to the world’s most vulnerable people.

Since our inception in 2013, we've remained committed to fighting poverty, alleviating suffering, and empowering communities with the tools they need to transform their futures—starting from our roots in Peterborough, UK, to disaster- and poverty-stricken communities across Africa, Asia, the Middle East, and Europe.

Our vision is to create a world where every individual has access to basic human rights—clean water, food, shelter, education, and healthcare. We work to build a future free from poverty and oppression by:

® Upholding transparency and trust

® Practicing accountability in every donation

® Committing to long-term sustainability

© Acting with urgency in crisis

» Honouring the Islamic principles of Zakat, Sadaqah, and Lillah

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Annual Report for the Year Ended 31 August 2024

1. EMERGENCY RELIEF

We respond rapidly to natural disasters, conflicts, and humanitarian emergencies, delivering essentials like:

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MEDICAL AID CLEAN WATER HYGIENE KITS FOOD SHELTER
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We have supported victims of earthquakes in Indonesia, war-affected civilians in Gaza, and internally displaced refugees in Yemen, Jordan, and Lebanon.

2. FOOD SECURITY & NUTRITION

Hunger continues to be one of the gravest challenges of our time. Our efforts include: ® Food parcel distribution in over 10 countries

Daily bread production in Pakistan & Lebanon

® Jummah Feeding initiatives every Friday in multiple countries

» Qurbani and Ramadan food packs distributed during sacred Islamic months

We ensure our food programs reach orphans, widows, the elderly, the disabled, and displaced families —often serving thousands per distribution.

3. WATER & SANITATION (WASH)

Water scarcity continues to affect millions. Our water-focused initiatives aim to reduce waterborne diseases and improve hygiene by:

Installing hand pumps, deep water wells, and solar-powered filtration systems in Pakistan

® Providing bottled water during emergencies

® Educating communities on sanitation and hygiene practices

4. SHELTER & HOUSING PROJECTS

Families living in unsafe and unsanitary conditions are prioritized through our shelter appeal. We build: » Brick-built homes in Pakistan

» Temporary housing structures for emergency-affected families

» Winterization shelters for refugees in freezing conditions

We construct home’s equipped with sanitation facilities, kitchens, and bedding essentials to restore dignity and security.

Annual Report for the Year Ended 31 August 2024

5. EDUCATION & ORPHAN CARE

We believe education is the key to breaking the cycle of poverty. Our educational support includes:

Street Children Education programs in Pakistan

Orphan sponsorship programs providing food, clothing, education, and healthcare ® School construction and resources in underserved areas

Qur'an education and religious learning in Islamic centres

6. Healthcare Services

Access to medical support is vital, especially in rural and war-affected regions. Our healthcare services include:

Ambulance services and mobile clinics in Pakistan

Cleft lip and palate surgeries in Multan

Maternal healthcare and child immunization programs in Sri Lanka

Health camps offering free checkups and medications

7. ECONOMIC EMPOWERMENT & LIVELIHOODS

Beyond aid, we empower individuals through self-sufficiency. Our economic upliftment programs include: » Providing sewing machines, livestock, and agriculture kits

Training in vocational skills, craftsmanship, and entrepreneurship

Setting up small businesses for widows and youth

Microfinance and income-generation support for long-term security

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Annual Report for the Year Ended 31 August 2024

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Since our inception Over 80,000 meals, clothes, and bedding items distributed

® Support to Top Yard Boxing Club benefiting 100+ youth weekly

® Assistance to Iqra Academy a non-profit making organisation, the first full-time Independent Islamic girls’ secondary School to be established in the historical city of Peterborough.

® Water pumps, shelters, ambulance services, cleft lip surgeries

® Ramadan food packs, Fidya/Kaffara programs

Street education projects and masjid construction and solar lighting

Shelter Homes

® Masjids

® Schools

GAZA, PALESTINE

® Emergency truck supplies (food, hygiene kits, clothing]

® Clean water tankers and wheelchair distribution

® Support to orphans and injured children

Daily bread distribution to the poor and refugees

» Food parcels and hygiene kits » Winter survival packs

Annual Report for the Year Ended 31 August 2024

YEMEN

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® Nutrition programs for children and elderly ® Emergency food aid, water distribution ®Shelterand winter packs

MALAWI ® Animal Sadaqah/Aqeeqgah meat distribution Hot meals

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We facilitate donations in line with Islamic obligations: > Zakat > Sadaqah > Sadagatul Fitr >» Fidya & Kaffara > Qurbani P Aqeegah

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Each donation is channelled with complete care, and we ensure donors are updated with the outcomes of their generosity.

Annual Report for the Year Ended 31 August 2024

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Over 100,000 people fed across aes? a 6. Thousands of homes built
15 countries x 4 or improved
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Hundreds of children sponsored for Dozens of masjids, wells, and water
education and care projects completed
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Donate Online: Contribute to any appeal via our secure website Fundraise: Organize charity walks, bake sales, or campaigns Sponsor an Orphan: Transforma child's life with monthly care Volunteer: Support our events or community drives in the UK Share & Advocate: Spread the message of compassion and aid

Visit: [childrenofadam.org]

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Annual Report for the Year Ended 31 August 2024

IMPACT SUMMARY (2024)

TOTAL NO. OF BENEFICIARIES PER COUNTRY

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FINAL WORDS

Children of Adam is more than a charity—it's an organisation of mercy, solidarity, and hope. Every project we initiate, every child we educate, every family we feed—brings us one step closer to a world of justice and compassion.

Eoaees

Annual Report for the Year Ended 31 August 2024

The trustees present their report with the audited financial statements of the charity for the year ended 31 August 2024.

REFERENCE AND ADMINISTRATIVE DETAILS Charity No. 1153244 Trustees

The following trustees served during the year:

A.M. Ahmed

D. Hussain

S. Rehman

S. Saglain

Auditor

Hamilton Coopers Chartered Accountants 66 Earl Street Maidstone Kent ME14 1PS

Statement of trustees’ responsibilities in relation to the financial statements The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities requires the charity trustees to prepare financial statements which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities

ehman SAqib Rehman (May 7, 2025 17:00 GMT+1)

Annual Report for the Year Ended 31 August 2024

Independent Auditor's Report to the Trustees of Children of Adam

Opinion

We have audited the accounts of Children of Adam [the ‘charity’) for the year ended 31 August 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the Notes to the Accounts, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice). In our opinion the accounts:

e give a true and fair view of the state of the charity's affairs as at 31 August 2024 ,and of its profit/loss for the year then ended;

e have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

¢ have been prepared in accordance with the requirements of the Charities Act 2011

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the accounts section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the accounts in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

auditing the accounts, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the accounts is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent charity's ability to continue as a going concern for a period of at least 12 months from when the accounts are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Annual Report for the Year Ended 31 August 2024

Other information

The other information comprises the information included in the annual report, other than the accounts and our auditor's report thereon. The trustees are responsible for the other information.

Our opinion on the accounts does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the accounts, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the accounts or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the accounts or a material misstatement of the other information. lf, based on the work we have performed, we conclude that there is a material misstatement of this other information,we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: e the information given in the accounts is inconsistent in any material respect with the trustees’ report; or

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement found in the trustees’ report, the trustees are responsible for the preparation of accounts which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of accounts that are free from material misstatement, whether due to fraud or error.

In preparing the accounts, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Annual Report for the Year Ended 31 August 2024

Auditor's responsibilities for the audit of the accounts

We have been appointed under the Charities Act 2011, s. 145 and report in accordance with the regulations made under the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the accounts as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high Level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these accounts.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Capability of the audit in detecting irregularities, including fraud

The objectives of our audit are to identify and assess the risks of material misstatement of the financial statements due to fraud or error; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud or error; and to respond appropriately to those risks.

A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Based on our understanding of the company and industry, and through discussion with the management (as required by auditing standards), we identified that the principal risks of non-compliance with laws and regulations related to their FCA permissions and requirements. We considered the extent to which noncompliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006 and taxation. We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements [including the risk of override of controls) and determined that the principal risks were related to posting inappropriate journal entries to increase revenue or reduce expenditure and management bias in accounting estimates and judgmental areas of the financial statements such as accrued income.

Annual Report for the Year Ended 31 August 2024

Audit procedures performed by the engagement team included:

Discussions with management and assessment of known or suspected instances of non compliance with laws and regulations and fraud; and

® Assessment of identified fraud risk factors; and

There are inherent limitations in the audit procedures described above and the further removed non compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

Annual Report for the Year Ended 31 August 2024

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. The risk increases more when compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

Use of this report

This report is made solely to the charity's trustees, as a body, in accordance Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Hamilton Coopers Chartered Accountants 66 Earl Street Maidstone Kent ME14 1 PS Signed on .................................... . 05/08/2025

Hamilton Coopers is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

Annual Report for the Year Ended 31 August 2024

Unrestricted Restricted
funds funds Totalfunds Total funds
2024 2024 2024 2023
Notes £ £ £ £
Income and endowments
from:
Donations and legacies 3 428,429 1,414,001 1,842,430 1,867,728
Other 4 784 - 784 -
Total 429,213 1,414,001 1,843,214 1,867,728
Expenditure on:
Raisingfunds 5 183,279 - 183,279 146,522
Charitable activities 6 23,716 1,130,204 1,153,920 1,197,621
Other 7 111,620 272,224 383,844 368,942
Total 318,615 1,402,428 1,721,043 1,713,085
Net gains on investments - - - -
Net income 8 110,598 11,573 122,171 154,643
Transfers between funds - - - -
ne
Net
i
fi
h
etincomebeforeother
gains/(losses)		 110,598 11,573 122,171 ~=—-154,643
Othergains and losses
Net movement in funds 110,598 11,573 122,171 154,643
Reconciliation of funds:
Total funds brought forward 215,046 212,940 427,986 273,342
Totalfundscarriedforward 325,644 224,513 550,157 427,985

Annual Report for the Year Ended 31 August 2024

BALANCE SHEET AT 31 AUGUST 2024

Charity No. 1153244 2024 2023
£ £
Fixed assets
Tangible assets 10 4,552 2,373
4,552 2,373
Current assets
Debtors 11 12,123 1,905
Cash at bank and in hand 702,559 619,962
714,682 621,867
Creditors:Amount falling due within one year 12 (169,077) (196,255)
Net current assets 545,605 425,612
Total assets less current liabilities 550,157 427,985
Net assets excluding pension asset or liability 550,157 427,985
Total net assets 550,157 427,986
The funds of the charity
Restricted funds 13
Restricted income funds 224,513 212,940
224,513 212,940
Unrestricted funds 13
General funds 325,644 215,046
325,644 215,046
Reserves 13
Total funds 550,157 427,986
Approved by the trustees on ........................................................... and signed on their behalf by:
05/07/2025		 Approved by the trustees on ........................................................... and signed on their behalf by:
S. Rehman
SAqib Rehman (May 7, 2025 17:00 GMT+1)
SAqib Rehman

Trustee

Annual Report for the Year Ended 31 August 2024

1- ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

CHANGE IN BASIS OF ACCOUNTING OR TO PREVIOUS ACCOUNTS

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

FUND ACCOUNTING

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|||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Unrestricted|funds|These|are|available|for|use|at|the|discretion|of|the|trustees|in|furtherance| |of the|general|objects|of the|charity.| |Designated|funds|These|are|unrestricted|funds earmarked|by the|trustees|for|particular| |purposes| |Revaluation|funds|These|are|unrestricted|funds which|include|a|revaluation|reserve|representing| |the|restatement|of|investment|assets|at|their|market|values.| |Restricted|funds|These|are|available|for|use subject|to|restrictions|imposed|by the|donor|or| |through|terms|of an|appeal.|

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||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Income| |Recognition|of|Income|is|included|in|the Statement|of|Financial Activities|(SoFA)|when|the| |income|charity becomes entitled|to,|and|virtually certain|to|receive,|the|income|and| |the amount|of the|income|can|be|measured|with|sufficient|reliability.| |Income|with|related|Where|income|has|related|expenditure|the|income|and|related|expenditure|is| |expenditure|reported|gross|in|the SoFA.| |Donations|and|Voluntary income|received|by way|of|grants,|donations and|gifts|is|included| |legacies|in|the|the SoFA when|receivable|and|only when|the|Charity has|unconditional| |entitlement|to|the|income.| |Tax|reclaims|on|Income|from|tax|reclaims|is|included|in|the|SoFA|at|the|same|time|as|the| |donations|and|gifts|gift/donation|to which|it|relates.|

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Annual Report for the Year Ended 31 August 2024

Donated services These are onlyincluded in income (with an equivalent amount in expenditure)
and facilities where the benefit to the Charity is reasonably quantifiable, measurable and
material.
Volunteer help The value of anyvolunteer help received is not included in the accounts.
Investment income This is included in the accounts when receivable.
Gains/[losses) on This includesanygain or loss resulting from revaluing investments to
revaluation of fixed market value atthe end ofthe year.
assets
Gains/(losses) on This includesanygain or loss on the sale of investments.
investmentassets

Expenditure

Expenditure
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any
expenditure VATwhich cannot be fully recovered, and is reported as part ofthe expenditure
to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income,
raising funds fundraising trading costsand investment management costs.
Expenditure on These comprisethe costs incurred bythe Charity in the delivery of its activities
charitable activities and services in the furtherance of its objects, including the making of grants
and governance costs
Grants payable All grant expenditure is accounted for on an actual paid basis plusan accrual
forgrants that have been approved bythe trustees at the end oftheyear but
not yet paid.
Governance costs These includethose costsassociated with meeting the constitutional and
statutory requirements ofthe Charity, including anyaudit/independent
examination fees, costs linked to the strategic management ofthe Charity,
togetherwith a share ofother administration costs.
Otherexpenditure Thesearesupportcostsnotallocatedtoaparticularactivity.

Taxation

The charity is exempt from tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Annual Report for the Year Ended 31 August 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the Lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense ona Straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense ona straight-line basis.

Annual Report for the Year Ended 31 August 2024

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Annual Report for the Year Ended 31 August 2024

NOTES TO THE ACCOUNTS

2 Statement of Financial Activities - prior year

Unrestricted Restricted
funds funds Total funds
2023 2023 2023
£ £ £
Income and endowments from:
Donations and legacies 320,587 1,547,141 1,867,728
Total 320,587 1,547,141 1,867,728
Expenditure on:
Raising funds 146,522 - 146,522
Charitable activities 25,197 1,172,424 1,197,621
Other 138,005 230,937 368,942
Total 309,724 ~—-1,403,361 «1,713,085
Netincome income 10,863 143,780. 154,643 -
reinena)other 10,863 143,780 154,643
Othergains and losses:
Netmovement movement infunds —-10,863 143,780 154,643 _
Reconciliation offunds:
Total funds brought forward 204,183 69,159 273,342
Totalfundscarriedforward 215,046 212,939 427,985 _
3 Incomefrom donations and legacies
Unrestricted Restricted Total Total
2024 2023
£ £ £ £
428,429 1,414,001 1,842,430 1,867,728
428,429 1,414,001 1,842,430 1,867,728
4 Other income
Unrestricted Total Total
2024 2023
£ £ £
784 784 -
784 784 -

Annual Report for the Year Ended 31 August 2024

NOTES TO THE ACCOUNTS

5 Expenditure on raising funds

5 Expenditure on raising funds
Unrestricted Total Total
2024 2023
£ £ £
Fundraising trading costs
183,279 183,279 146,522
183,279 183,279 146,522
6 Expenditure on charitable activities
Unrestricted Restricted Total Total
2024 2023
£ £ £ £
Expenditure on charitable
activities
23,716 1,130,204 1,153,920 1,197,621
Governance costs
23,716 1,130,204 1,153,920 1,197,621
7 Other expenditure
Unrestricted Restricted Total Total
2024 2023
£ £ £ £
Employee costs - 272,224 272,224 231,041
Motor and travel costs 15,616 - 15,616 12,690
Premises costs 21,711 - 21,711 12,967
Amortisation, depreciation,
impairment, profit/loss on 1,518 - 1,518 790
disposal offixed assets
General administrative costs 34,481 - 34,481 41,402
Legal and professional costs 38,294 - 38,294 70,052
111,620 272,224 383,844 368,942
8 Netincome before transfers
2024 2023
This is stated after charging: £ £
Depreciation ofowned fixed assets 1,518 790
9 Staff costs
2024 2023
Salaries and wages 250,021 212,910
Social security costs 16,519 15,046
Pension costs 4,225 2,981
270,765 230,937

No employee received emoluments in excess of £60,000.

Annual Report for the Year Ended 31 August 2024

NOTES TO THE ACCOUNTS

10 Tangible fixed assets

10 Tangible fixed assets
£ £
Cost or revaluation
At 1September 2023 5,403 5,403
Additions 3,697 3,697
At 31 August 2024 9,100 9,100
Depreciation and
impairment
At 1September 2023 3,030 3,030
Depreciationcharge forthe 1,518 1,518
year
At 31 August 2024 4,548 4,548
Net bookvalues
At 31 August 2024 4,552 4,552
At 31 August 2023 2,373 2,373
11 Debtors
2024 2023
£ £
Trade debtors 9,900 -
Prepayments and accrued income 2,223 1,905
12,123 1,905
12 Creditors:
amounts falling due within oneyear
2024 2023
£ £
Trade creditors 159,770 186,024
Other taxes and social security 4,285 5,437
Other creditors 822 594
Accruals 4,200 4,200
169,077 196,255

Annual Report for the Year Ended 31 August 2024

NOTES TO THE ACCOUNTS

13 Movement in funds

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Incoming| |resources|At 31| |(including|Resources| |At1|other|expended|August| |September _|gains/losses.|2024| |2023|)| |£|£|£| |Restricted|funds:| |Restricted|income|funds:| |Education|-|35,114|(46,471)|-| |Emergency Appeal|-|132,278|(324,526)|-| |Food|Aid|-|418,121|(259,392)|-| |Masjid|66,205|97,021|(27,227)|-| |Orphans|-|54,458|(33,849)|-| |Sheleter|Housing|72,915|222,529|(225,540)|-| |Water|Project|(WASH)|73,820|356,582|(90,332)|224,513| |Miscellaneous|-|97,898|(395,091)|-| |Total|212,940|1,414,001|(1,402,428)|224,513| |Unrestricted|funds:| |General|funds|215,046|429,213|(318,615)|325,644| |Total funds|427,986|1,843,214|(1,721,043)|550,157|

----- End of picture text -----

Purposes and restrictions in relation to the funds: Restricted funds:

Education Emergency Appeal Food Aid Masjid Orphans

Sheleter Housing Water Project (WASH) Miscellaneous

14 Analysis of net assets between funds

----- Start of picture text -----
|||||| |---|---|---|---|---| |Unrestricted|Total| |funds| |£|£| |Fixed|assets|4,552|4,552| |Net|current|assets|545,605|545,605| |550,157|550,157|

----- End of picture text -----

Annual Report for the Year Ended 31 August 2024

15 Reconciliation of net debt

At1 At 31
September August
2023 Cash flows 2024
£ £ £
Cash and cash equivalents 619,962 82,597 702,559
619,962 82,597 702,559
Net debt 619,962 82,597 702,559
16 Commitments
Operatingleasecommitments
Annual commitments under non-cancellable operating leases are as follows:
2024 2024 2023 2023
Land and
buildings		 Other Land and
buildings		 Other
£ £ £ £
Operating leases with expirydate:
Pension commitments
2024 2023
£ £
The pension cost charge to the charity
amountedto: 4,225 2,981

Annual Report for the Year Ended 31 August 2024

2024 2023
£ £
Cash flowsfrom operating activities
Net income perStatement of Financial Activities 122,171 154,643
Adjustments for:
Depreciation ofproperty, plant and equipment 1,518 790
Dividends, interest and rentsfrom investments (784) -
Increase in trade and other receivables (10,218) (1,905)
(Decrease)/Increase in trade and other payables (27,178) 196,255
Netcash provided byoperating activities 85,509 349,783
Cash flowsfrom investing activities
Payments for property, plant and equipment (3,697) -
Dividends, interest and rentsfrom investments 784 -
Netcash used in investing activities (2,913) -
Netcashfrom financing activities - -
Net increase in cash and cash equivalents 82,596 349,783
Cash and cash equivalents atthe beginning oftheyear 619,962 -
Cash and cash equivalents atthe end ofthe year 702,558 349,783
Components ofcash and cash equivalents
Cash and bank balances 702,559 619,962
702,559 619,962

\ ie CHILDREN OF

www.childrenofadam.org

Oe caectied % | 03003210032 she nies ® ! wwwcchildrenofadam.org — ep Q i 228 Cromwell Road, PE] 2HG Q i 13 Francis street, Leicester, LE2 2BE es !

Registered Charity No. 1153244

@childrenofadamuk iwi f 1G)