Company Registered number 08719540 Registered Charity No.. 1156900 "Towards A Progressive Community. COMMUNITY WELFARE FOUNDATION LTD Report and Accounts 31 October 2023
COMMUNITY WELFARE FOUNDATION LTD Report and accounts Contents Pag• Infomiation Directors,rusteeS, Report Independent Examir¢er Report Statement of Financial Activities 2to7 Balance Sheet 10 Notes to the Financial Slaternents 11ot14
COMMUNITY WELFARE FOUNDATION LTD Company Information DireclorslTruslees Kazi Md Ashan Sharif Mohammad Kamal Ho55ain Farazy Ikram Company number '. 08719540 Charity number. 1156900 Principal afid Reglstered Office= 191 Balaam Street London E138AA Indopendenl Examiner ABC Accountants Unit 6 80A Ashfield Street London, E12BJ Banker Metro bank
COMMUNITY WELFARE FOUNDATION LTD Registered number: 08719540 Directors. Report The Directors of the company are pleased to present the report and the Financial Statements for the year ended 28 February 2021, to comply with the roquiromenls of the Companies Act 2006. Charities Act 2011 and the Statement of Recommended Practice ISORP 2015 - FRS 102) for charities. The Directors propose to prepare financial statements in compliance with thg Charities Act 2011 as the company is in the process of charity rogislralion. The Charity Object: Community Welfare Foundation is a charitable company limited by guarantee governed by a Memorandum of Association and Articles of Association incorporated on the 7th October 2013. 11 was registered as a charity with the Charity Commission on the 2nd May 2014. 1. The relief of unemploYmet for the benefit of the public in such ways as may be thought fil. including assistsnce lo find employment. 2. To promote social inclusion for the public benefit by preventing eldedy people from becoming socially excluded, relieving the needs of those elderly people who are socially excluded and assisting them to integrate into society, and lo prevent them being excluded from society. or part of society, as a result of being a member of a socially and economically deprived cornmunity. 3. The advancement of education of children and young people in Newham. Tower Hamlets. Redbridge and Hackney by the provision of educational activities after school hours lo improve the condits'ons of lifo for such persons ¥tho have need of such facilities by aSOn of their youth and sociai and economic circumstances Our Vision.. To work towards a progressive community. Our Mission Statement.. To improve the opportunities available lo all our residents irrespective of age, ethnicity or social class. Our values.. We value all people irrespective of race. background or creed and wll work with and for them to facilitate their development lo achieve their full potential intellectually. culturally and spiritually. Activities and Achievements.. The charity has provided training, guidance and support to over 100 people. It has undertaken other activities as follows..
COMMUNITY WELFARE FOUNDATION LTD Registered number: 08719540 Directors. Report .Adull Training .Employmenl finding Support .CareerAdvice .Annual General Meeting .Teaching English for nevAy migrated people from Europe .Additional academic support provide lo school students .Facilitale cultural program. Supporting families where possible and enabling additional extemal support to meet their needc for example through relevant wortshops as loquested .Social inclusion for eldety people PUBLIC BENEFIT STATEMENT The Truslg8s have considered the general guidance on public benefit issued by the Charity Commission and has taken dug regard of that guidance. The Trustees consider that they are satisfied that Ihg charitys activities have benefited the public as it has advanced education for the benefit of schools and their pupils. It has enhanced the quality of leaching wthin schools and developed teachers into more competent professionals. Financial osition.. The Statements of Financial Activities shows a net deficit of £ 39 wlh net fund of £ 7,125 as at 31 October 2023. £ 7,164 as on 31 October 2022. Directors l Trustees. Res nsibilities.. The trustees (who are also directors of Docklands Community Organisalion for the purposes of company lawl are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounbng Praclice)- Company law requires the Injstees lo prepare financial statements for each financial year, which give a true and fair view of the slate of affairs of the Charitable company and of the incoming resources and application of resources, including the income and expenditure. of the charitab18 company for that period. In preparing these financial statements. the Iruslees are required to.. 1. select suitable accounting policies and then apply them consislenmy.. 2. obserwe the methods and principles in the Charities SORP2015 IFRS 1021.. 3. make judgements and eslimales that are reasonable and prudent- 4. state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements- 5. prepare the financial statements on the going concem basis unless it is inappropriate to Dresume that the charitable comDanv wll continue in operation
COMMUNITY WELFARE FOUNDATION LTD Registered number: 08719540 Directors. Report The tnjstees are responsible for keeping adeqLsate accounting records that disclose wth r8880nable accuracy al any lime the financial position of the charitable company and enable them to onsure that the financial statements comply wlh the Companies Acl 2006. They are also responsible for safeguarding the assets of the charitable company and h&nce for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: there is no relevant audit inforrnation of which the charitable companls auditor is unaware.. and the trustees have taken all steps that they ought lo have tsken to make Ihemselv&s aware of any relevant audit information and lo estsblish that the auditor is aware of that infomalion
COMMUNITY WELFARE FOUNDATION LTD Registered number: 08719540 Directors, Report Inde endent Examiner.. An independent examiner was carried out by ABC Accountants. The company elected to dispense th the annu81 appointment of 8xaminers. In the absence of a specific resolution to the contrary ABC Accountsnls wll continue in office. These financial statements have been prepared in accordance wth the provisions applicable to companies s¥Jbject to the small companies. regime and in accordance with FRS 102 'The Financial Reporting Standard 8pplicable in the VK and Republic of Ireland.. This report was approved by the directorsllrustees on...... ...... July 2024. Signed on behalf of board of direclorsltwslees Mohamma amal ossain
COMMUNITY WELFARE FOUNDATION LTD REPORT OF THE INDEPENDENT EXAMINER TO THE OIRECTORS I TRUSTEES OF DOCKLANDS COMMUNITY ORGANISATION I report on the accounts of the company for the year ended 28 February 2021 which are set out on pages 9 to 11 and have been prepared on the basis of accoullting policies set out on page 12. ords and from infomialion and explanations you have given us.. Respective responsibilities of trustees and exarniner The trustees Iwho are also the directors of the cornpany for the purp)ses of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144{21 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The chariws gr(Iss income exceeded £25,000 and l am qualified lo undertake the examination by being a qualified member of ACCA. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, il is my responsibility to.. examine the accounts under section 145 of the 2011 Act- follow the procedures laid down in the general Directions given by the Charity Commission under stste whether particular matters have come lo my attention Basis of independent gxaminer's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review irf the accounting records kept by the charity and comparison of lh6 accounts presented with those records.11 also includes consideration of any unusual items or disdosur&s in the accounts. and seeking explanations frorn you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would bo required in an audit and consequently no opinion is givon as lo whether the accounts pwent a 'Irue and fair view. and the reFM)rt is limited to those matters sel out in the statem&nt below. Inde endent examinerfs statement In connection wth my examination. no matter has come lo my attention: 1. which gives me reasonable cause lo believe that. in any material respect, the requirements.. . to keep accounting records in accordance with sectson 386 of the Companies Act 2006., and to prepare 8¢counts which accord wth the accounting records, comply with the accounting requirements of section 396 of th& Companie5 Act 2006 and with the methods and principles of the Slalement of Recommended Practice.. Accounting and Reporting by Charili8s have not been met.. or 2. to which, in my opinion. attention should be drawn in order to enable a proper understanding of the a¢countsnt to be r6ached. ABC Accountants Unit 6 80A Ashfield Street Lontjon E1 2BJ 31 July 2024
COMMUNITY WELFARE FOUNDATION LTD Registered number: Balance Sheet as at 31 October 2023 08719540 Notes 2023 2022 Fixed assets Tangib16 assets 3,901 3,901 3.637 3,637 Current assets Cash at bank and in hand 3,874 3,874 4,177 4.177 Credltors: amounts falling due within one year 1650) 16501 Net current assets 3,224 3,527 Total assets less curront 7,125 7,164 Not a$$at$ 7.125 7.164 Funds Unrestricted funds.. General Unr8Stricted funds.. General Restricted fur¥J 7.125 7,164 Total Funds 7.125 7.164 The directors are satisfied that the company is entitled to &X8mplion from the requirement to obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in aGrdance with section 476 of the Act. Thg directors acknowledge their responsibilities for cornplyillg with the requirements of the Companies Act 2006 with respgct lo accounting records and the preparation of accounts. These financial statements have been prepared in accordance with the provisions applicable to companies subject lo the small companies regime, and accordanc8 Wth FRS 102 be Financial Reporting Standard applicable in the UK and Republic of Ireland.. The financial statemtsnls wer6 approwd by the board of directors and aulhorised for issue on ..ry.i.....rthJuly 2 4, and are signed on behalf of the board by.. Moha Director Approved by the board on 31 July 2024 ad Kamal Hossain
COMMUNITY WELFARE FOUNDATION LTD STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 October 2023 INCOME AND EXPENDITURE Unrestricted Restricted 2023 2022 INCOMING RESOURCES Voluntary Income Charitable Activ"e$ Incoff 54,400 54,400 105.211 54.400 54.400 105.211 RESOURCES EXPENDED Voluntsry Cost Charitable Activit18s Cost Administr8tive Cost 51.734 2.705 51,734 2.705 94.839 7.241 RESOURCES EXPENDED 54,439 54,439 102,080 NET INCOME IDEFICIT FOR THE YEAR 39 39 3,131 Funds as at 01 Nov 2022 4,964 4,248 Fund Mov8menl 39 716 Funds as at 31 October 2023 5.003 4.964
COMMUNITY WELFARE FOUNDATION LTD Notes to the A¢counts for the year ended 31 October 2023 1 Accounting policies Basis of preparation The financial statements has been prepared in accordance syith Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 102} {effeCtie 1 January 20151- (Charities SORP 2015 IFRS 1021. The charity meets the definition of a public benefit entity under FRS 702. Assets and liabilities are initially recognise(l al historical cost or transaction value unless otherwise slated in the relevant 1.1 GrantslDonatlon rgc•fva bl•.. GranlslDonations for immediate expelldilure are accounted for when they become receivable. GranlslDonations receiwd for specific purposes are treated as restricted funds. GranlslDonations restricted to future accounting period are deferred and recognisod in those r)eriods. 1.2 Ajlocatlon of cost- Costs are allocated behveen reslricled and unrestricted fund according to the terms of income. Wher8 ilams expended are mixed. they are apwrtioned between the categories according lo tha income they relate lo as well as using best possible professional judgements. 1.3 Support cost Support costs are those functions that assist the work of the charity bul do not directly undertake charitable aclivilies. Support costs include back offlce costs, finance, personnel. payroll and goemance costs which support the Trusts programmes and activities. These costs hava been allocated been cost of raising funds and expenditure on charitable activities. IA Reser¥• Pollcy In line wth the best practice of charitable sector th8 charity plans to deeloped a reserwe policy to provide financial stability. deelopment of principal activities and guard against unforeseen costs. This is not finalised as The directors aulhorise fund movefflents to meet thos8 ne8ds. 1.5 Tangible fixed assets and dgpreciation: Tangible fixed assets are ststed al cost less depreciation. Depreciation is provided at the annual rates in order lo write off each class of assets our its estimated useful lrfe. FF & Equipmenys no residual value 1.6 Funds.. Unreslricled funds are available for use at the discretion of the trustees in furtheranc& of th general objectiws of the charity and which have not been designated for other purtM)ses Designat8d funds comprise unreslricled funds that has been set aside by the trustees fc particular purposes. The aim and use of each designated fund is set out in the notes lo the financial slalements. Restricted fvnds 8re funds which are to bè used in accordance wtth specffic restrictions imposed by donors or which has been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specrfic fund. The aim and use of each reslrictsd fund is set out in the notes to the financAal statemenis.
COMMUNITY WELFARE FOUNDATION LTD Noles to the Accounts for the year ended 31 October 2023 1.7 Roconclliation of new and prevlous Genorally Accepted Accounting Practlce IGAAPI: There is no requirement of balance sheet and nel incomellexpendilurel restalemenl for adoption of FRS 102, therefore. no reconcili8tion is shown. Incomlng Resoure•s Incoming resources are the amoullts deriwd from the provision of charitable services. the receipt of gifts, subscriptions and grants falling within the charity's ordinary aclivilies. Donations received for the general purposes of the charity are included as unrestricted funds. Donations and grants for activities restricted by the wishes of the donor are tsken to restricted funds where these wshes are leoally bindinq on the Iwstees. 3 Voluntary Incon Unrestricted Restricted 2023 2022 Donations 54.400 54.400 54.400 54,400 105,211 105,211 4 Chorltablo A¢tlvities Cost Direct cost Rent. Rate ond W8t8r R8tes Telephone & intemet eh8rg88 Light & Heat Repair¥ & rnainlenanee-cle8ning Equipment Expensed pps Sundry Depreciats"on on Furnitu. Fitting and Equipment, 18,000 28,000 18.000 28,000 18.750 56.000 5,643 480 3.650 4.390 4,090 985 560 2.400 560 2.400 420 420 1.503 1.503 851 51.734 851 51,734 851 94,839
COMMUNITY WELFARE FOUNDATION LTD Notes to the Accounts for the year ended 31 October 2023 5 *41mlnlstratSv• Cost Advert and PR Insurance Oth8r Legal and Professional Trav81 Sofvlare Information and Publication Bank charge5 2.890 716 1.050 1,125 500 400 1,245 1.245 900 900 60 Legal & prOf$lOn81 inc Accountanty 500 2.705 500 2,705 500 7.241 6 Tangible fixed assets Plant and machinery atc Land and buildings Motor vghSclo$ Total Cost Al 1 November 2022 Additions Surplus on revaluation Disposals At 31 October 2023 8.693 1.115 8.693 1.115 9,808 9.808 Depreciation At l November 2022 Charge for the year Surplus on revaluation On disposals At 31 October 2023 5,056 851 5,056 851 5,907 5,907 Ngt book value At 31 October 2023 3.901 3.901 At 31 Oclober 2022 3,637 3.637 7 Creditors: amounts falling due within ong year 2023 2022 Taxation and social security costs Other creditors
COMMUNITY WELFARE FOUNDATION LTD Notes to the Accounts for the year ended 31 October 2023 a Contingont Ilabllltl•s The companylcharity had no contingent li8bilitleS 85 at 31 Oct 2022 nor at 31 October 2023 9 Off4>alan¢e sheet arrangoments There w8r8 no significant post balance sheet events. 10 Related party transactions There were no disclosable related party transactions during the year. 11 Gifts In Klnd And Volunteers During the year the companylcharity benefited from unpaid work perfomied by volunteers. 12 Other infomiatlon COMMUNITY WELFARE FOUNDATION LTD is a private company limited by shares and incorporated in England. Ils registered office is.. 191 Balaarn Street Lorldon E138AA