2023-09-30-accounts - Help Yateem

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

Page | 1

Help Yateem Trustees' Annual Report

01 October 2022 to 30 September 2023

Charity name: Help Yateem

Charity registration number: 1158571

Company number: 08672833

Charity’s principal address

St Luke’s Business Centre

Suite 2, 85 Tarling Road London, E16 1HN

Help Yateem Trustees Annual Report for the year ending 30 September 2022.

Purpose and Impact:

Help Yateem was set up 10 years ago by a group of concerned individuals about the increasing number of orphan and needy children in poorer countries that have been impacted by civil conflict and natural disasters. The poor public services in these countries resulted in a lack of educational facilities and basic services for orphan and needy families. We understood that the best and the most long-term sustainable solution is improving the education of these children to short-circuit the cycle of poverty of these communities.

Our Vision is:

The advancement of education of orphans in the developing world for the public benefit.
The relief of poverty of orphans and widows in the developing world for the public benefit.

We have achieved a lot on gradual basis and assisted many orphan and needy schools with educational facilities that will improve their educational standard. These facilities have helped many children with their employability and becoming self-reliant. For example:

Page | 2

Our ICT room projects for orphan schools in Mogadishu in Somalia is still running and benefited many children to become IT literate, employable and self-reliant. This year we have supported the education of 1257 orphan and needy children in different countries with their education, food, and clothing through sponsorship and this has positively impacted their health and wellbeing.

We have upgraded the ICT room Moalim Jama School in Mogadishu providing them 20 new All in-one computers with good memory capacity space.

We have assisted the building of Al-Walidayn Boys Orphanage in Kenya that is helping 160 children with their education, food, shelter, and medicine. We also support them with part of the running cost.
The canteen refurbishment project for UM-Aisha Girl’s school in Mogadishu was successful. The students are happy with the canteen, the school attendance has improved dramatically. The health of the students has also improved due to the meals provided. The canteen now generates some income for the school, and they rent it as event venue in the evening after school. We have also provided school uniform and stationery.
Our Ramadan Iftar program this year has helped 6450 people in poorer countries such as the Gambia, Kenya, Somalia, Ethiopia, and Yemen. We have also provided Eid gifts and clothes to 115 orphan children.
Our bakery in Yemen is still operating with increased capacity and helping orphan and needy families with their daily bread benefiting over ten thousand people.
Our emergency relief programs have helped over four thousand people that were affected by the draught and flooding in Somalia and Kenya. This was a mixture of hotmeal programs and food packages. We have also collaborated with partnership of local and UK based charities on relief and clothing program to orphan and needy families affected in Turkish Earthquake benefiting three hundred families. We have also completed six water-well projects in needy area in the Gambia, Kenya, and Somalia.

Page | 3

We have built a health clinic and small school for needy and orphan children in Gambia helping rural community with maternity and basic health services and educational needs. We also took the task of maintaining and assisting with operational cost.

Key to our work for the next five years is creating the orphan and needy families an environment that enables them to become self-sufficient. This will be through improved standard of education and other tailored assistance. The fruits the educational projects take longer time to bear, but it is the only sustainable way to short circuit the cycle of poverty. This is the only way forward as donors’ disposable income is squeezed due to inflation and the increasing cost of their day-to-day expenditure.

Governance and Decision Making

The trustees declare that they have throughout their activities, had regard to Guidance issued by the Charity Commission on public benefit. They review all Charity policies and make sure all projects are carried out in accordance with the Charity commission guidelines. Trustees and key members meet every week or every other week depending on the projects at hand and do the risk assessment and safeguarding necessary for the project delivery decisions. We aim to apply the charity governance code. All trustees give of their time freely and no remuneration or expenses were paid in the year.

Contribution made by volunteers

Our volunteers especially the youth have contributed a lot this year. The youth volunteers managed and made effective use of social media and other donation platforms such as Launch-good, Muslim-giving, Ramadan-Giving and Just-giving. They also helped improving our website and made it mobile phone user friendly. We listened to our donors and most of them requested to improve the mobile phone donation frame. We also had our own volunteers on the countries we were supporting especially Gambia, Somalia, Kenya, Ethiopia and Yemen. The charity is grateful to their contribution.

Page | 4

Performance of fundraising activities against objectives set

Overall, the fundraising for the year ended 2023 was good and achieved what we expected. We have earlier acknowledged that 2022/2023 will be tough and will be lower than previous year as the donor disposable is squeezed by the high inflation of food and energy. But with the use of TV adverts such as Eman Channel and social media outlets and traditional fundraising, we managed to conduct fruitful fundraising.

Review of the charity’s financial position at the end of the period

Help Yateem had a stable year, and total receipts were £223504. Total Expenditure on different projects for the year was £238890. We had exiting funds carried forward from last year that we used. Help Yateem policy is to have a healthy balance on unrestricted funds for three to six months to cover the running costs of the schools we assist in educational facilities as well as the admin cost necessary to maintain our website and resource generating activities. We managed not to overdraw throughout the year and have healthy reserve for future outstanding projects.

Our main source of funding comes from online donation and donation platforms such As Launch-good, Muslim-Giving, Ramadan-Giving and Give-Brite. We also do Mosque Collection during Ramadan. We do TV advert and once a year TV fund raising. We have Also started selling dates and profits from proceeds goes back to the charity. The date sale during Ramadan period helped the charity to have good relationship with the donors and Attracted more donors after they purchase the dates.

Page | 5

Names of the charity trustees

Abdulghani Hassan Chairman

Mrs Najma Hassan

Ashik Miah

Jabir Bashir Jokhia Trustee

Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees.

Signature: Full name: Abdulghani Hassan

Position: Chairperson

Date: 27 July 2024

REGISTERED COPJIPANY NUMBER: 08672833 {England anj Wales} REGISTERED CHARITY NUMBER: 1158571 ort of the Trustees and Unaudited Financial State ents for Ihe Year Ended 30 Se tember 2023 for Hel Yateem

Hel Yateem Contents of the Financial Statements for the Year Ended 30 Se tember 2023 Page Reference and AdministratlV8 Details Report of the Trustees Independent Examiner's Report Statement of Financial Activities Statement of Financial Position Statement of Cash Flows Notes to the Statement of Cash Flows Notes to the Financial Statements 9 to 15 Detailed Statement of Financial Activities 16 to 17

Hel Yatee Refer8nc8 and Administrative Details for the Year Ended 30 Se tember 2023 TRUSTEES Abdulghani Hassan Chairman Ms Najma Hassan Ashik Miah Jabir Bashir Jokhia Trustee REGISTERED OFRCE St. Luke's Business Centre Suile 7 85 Tarling Road London E16 6NU REGISTERED COMPANY NUMBER 08672833 (England and Wales) REGISTERED CHARITY NUMBER 1158571 INDEPENDENT EXAMINER Quilfords Limited Chartered Certified Accountants 113 Romford Road London E154LY Page 1

Hel Yateem Re ort of the Trustees for the Year Ended 30 Se tember 2023 The trustees who are also directors of the charity for the purpose5 of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2023. The trustees have adopted the provisions of Accounling and Reporting by Charities.. Statement of Recommended Practits applicable to charities preparing their accounls in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 102) {effective 1 January 20191. STRATEGIC REPORT Funds in surplus The charity received total income of £223,504 12022.. £469,567} during the year. After payment of outgoing expenses of £238,890 (2022= £400,199), The charty was left wilh a deficit of £15,386 (2022.. £69,368 surplus) for the year. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by tts governing document, a deed of trust, and constitutes a limiled company, limiled by guarantee, as defined by the Companies Act 2006. Report of the trustees, incorporating a strategic report, approved by order of the board of trustees. as the company directors, on 29 May 2024 and signed on th8 board's behalf by.. Abdulghani Hassan - Trust88 Page 2

Inde endent Examinerfs Re Hel Yateerr ort to the Trustees of Independert examinerfs report to the trustee5 Of Help Yateem I'the Company.) I report to th J charity trustees on my examination of the accounls of the Company for the year ended 30 September 2023. Responsibilities and basis of report As the charity's trustees of the Company land also its directors for the purposes of company law) you are responsible for the preparation of the accounts in acGordan¢e wbth the requirements of the Companies Act 2006 {'the 2006 AcV}. Having satis-ied myself Ihat the accounls of the Company are not required to be audited under Part 16 of the 2006 .Ict and are eligible for independent examination, I report in respect of my exarrination of your charity'a accounts as carried out under Section 145 of the Charities Act 2011 ('th8 2011 Act,). In carying out my examination I have followed the Directions given by the Charity Commissx)n under Section 145151 (bl of the 2011 Act. Independert examinerf5 Statement I have comt4eted my examination. I confirm that no matters have Come to my attention in connection with the examination giving me cause to believe.. acCOLting records were not kept in respect of thè Company as required by Section -86 of the 2006 .Ict', or the accounts do nol accord with those r8cords,' or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Acl other than any requirement that the accounts give 8 true and fair view which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance with the methods and principÈs of the Statement of Recommended Practice for accounting and reporting by charities (apyicable to charitEs preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}). I have no c¢)ncerns and have come 8cross rio other matters in connection with the exarTinalion to which attenlion should be drawn in this report in order to enable a proper understandlng of the accounts to je reached. Askir Ali Quilfords Linited Chartered Certified Accountants 113 Romford Road London E154LY 29 May 2024 Page 3

Hel Yateem Slalemenl of Financial Activities for the Year Ended 30 Se tember 2023 30.9.23 Total funds 30.9.22 Total funds Unrestricted Reslricted fund fund Notes INCOMEAND ENDOWMENTS FROM Don8tions and legacies 87,309 87.309 267,661 Other trading activities 18.055 118,140 136,195 201906 Total 105,364 118,140 223,504 469,567 EXPENDITURE ON Raising funds 51,941 51,941 75,860 Charitable activities Relief program 52,741 118,140 170,881 293,189 Other 16,068 16,068 Total 120.750 118,140 238,890 400,198 NET INCOMEIIEXPENDITURE) (15,386) (15,3861 69,369 RECONCILIATION OF FUNDS Tolal funds brought forward 332,594 332,594 263,225 TOTAL FUNDS CARRIED FORWARD 317,208 317 208 332,594 The notes fomi part of these financial stalements Page 4

l Yatee Statement ol Financ 30Se tember 2023 30.9.23 30.9.22 Notes CURRENT ASSETS Stocks Debtors Cash at bank 11,226 287,470 20.312 13,730 ?89,270 31,394 10 319,008 334,394 CREDITORS Amounts falling due within one year {1,800) 11,800) NET CURRENT ASSETS 317.208 332,594 TOTAL AS< Efs LESS CURRENT LIABILITIES 317,208 332,594 NET ASSETS 317,208 332,594 FUNDS Unrestricted funds 13 317,208 332.594 TOTAL FUNDS 317,208 332,594 The Gharitatle wmpany is entitled to exemption from audit under Section 477 of the Companies Acl 2006 for the year ended 30 September 2023. The membes have not required the company to obtain an audit of its financial statements fo- the year ended 30 Sfr.ptember 2023 in accordance with Section 476 of the Companies Act 2006. The trusteec acknowledge thelr responslbililies for (a) ensur ng that the charitable company keeps accounting records that comply with Settions 386 and 337 of the Companies Act 2006 and Ib} prepaing flnancial slatements which give a true and fair view of the state of affa rs of the harilable company as at the end of each financial year and of its surplus or deficit for each finanoal year in accordance with the requirements of Sections 394 and 395 aid which othen4ise comply with Ihe requirements of the Companies Act 2006 relating to financial statenents, so far as applicable to the charltable company. The financial statements were approved by the Board of Trustees and authorised for issue on 29 May 2024 and were signed on its behalf by: Abdulghani 4assan - Trustee z- The notes fomi part of thes6 financial statements Page 6

Hel Yateem Stal8ment of Cash Flows for the Year Ended 30 Se tember 2023 30.9.23 30.9.22 Notes Cash flows from operating activities Cash generated from operations 11,0821 210,513) Nel cash used in operating activities 11,082) 210,513) Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period (11,0821 1210,5131 241,907 Cash and Cash equivalents at tha end of the reporting period 20,312 31,394 The notes form part of these financial statements Page 7

Hel Yateem Notes to the Statement of Cash Flows for the Year Ended 30 Se teTnber 2023 RECCINCILIATION OF NET (EXPENDITUREIIINCOME TO NET CASH FLOW FROM OPEFATING AGTIVITIES 30.9.23 aO.9.22 Net {Expenditure)Ilncome for the reportlng period las per the Slatement of Financial Activities) Adjustments for: Decrease in stocks Decre3sel{increase) in debtors Increase in creditors 115,386} 69,369 2.504 1.800 8,788 (239,2701 600 Net cash used in operations 11,082) 210,513) ANALYSIS OF CHANGES IN NET FUNDS At 1.10.22 Cash flow At 30.9.23 Nel cash Cash at bank 31,394 11,082) 20,312 31,394 11.082) 20,312 Total 31,394 11,082) 20,312 The notes fomi part of these financial statements Page 8

Hel Yateem to the Financial Statements for the Year Ended 30 Se tember 2023 ACCOUNTING POLICIES Basis of preparlng the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102> 'Accounling and Reporting by Charities- Statement of Recommended Practice applicable to chartiies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective 1 January 20191,. Financial Reporting Standard 102 'The Financial Reporttng Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in th8 Statement of Financial Activities once the charily has entitlement lo the funds, il is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditur8. It is probable that a transfer of economic benefits will be required in settlément and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with th8 use of resources. Stocks Stocks are valued al the lower of cost and net realisable value, aft8r making due allowan for obsolete and slow moving items. Taxation The charity is exempl from corporation tax on ils charitable activities. Fund accounting Unrestricted funds can be used in accordance with the Charitable objectives at the discrètion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by thé donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included In the notes to the financial slalements. Page 9 ontinued...

Hel Yatee Notes to the Financial Statements - continued for the Year Ended 3Q Se tember 2023 DONATIONS AND LEGACIES 30.9.23 00.9.22 Donafions Gift arl 87,309 210,052 57,609 87,309 2S7,661 OTHE R TRADING ACTIVITIES 30.9.23 30.9.22 Orphcn sponsorship RaMan & Eid packages for orphan families Qurbcni for orphan Water & Masjid Project Sales Emergency relief program Dev81)pm6nt Prcsiects 21,162 40,018 12,267 60,720 75,768 12.941 31,740 20,737 18,055 22,473 22,220 136.195 J1,906 RAISING FUNDS Ralslng donallons and legacles 30.9.23 30.9.22 Support costs 51,941 75,860 CHAP.ITABLE ACTIVITIES COSTS Support (ists {see iote 6> Relief program 170,881 Page 10 cor linued...

Hel Yateem s to the Financial Statements - Lontinued for the Year Ended 30 Se tember 2023 SUPPORT COSTS Admini8trat(ve Governance expenses costs Totals Raising donations and legacies Relief program 50,141 170,881 1,800 51,941 170,881 221,022 222 822 TRUSTEES. REMUNERATION AND BENEFrrs There were no trustees, remuneration or other benefits for the year 8nded 30 September 2023 nor for the year ended 30 September 2022. Trustees. expanses There wer8 no trustees, expenses paid for the year ended 30 September 2023 nor for the year ended 30 September 2022. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 267,661 267,661 Other trading activities 31.740 170,166 201,906 Total 299.401 170 166 469,567 EXPENDITURE ON Raising funds 75.860 75,860 Charitable actlvities Relief program 123,023 170,166 293.189 Other 31,149 31,149 Total 230,032 170,166 400,198 NET INCOME 69,369 69,369 RECONCILIATION OF FUNDS Total funds brought forward 263,225 263,225 Page11 continued...

Hel Yateem Notes to the Financial Statements- continued for the Year Ended 30 Se tember 2023 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fund fund Total funds TOTAL FUNDS CARRIED FORWARD 332,594 332,594 STOC KS 30.9.23 30.9.22 Fin1sFd goods 11,226 13,730 10. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 3D.9.23 30.9.22 Help -ateem Tnjsl 287,470 289,270 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.9.23 30.9.22 Accruyls and deferred income 1,800 1,800 12. ANALYSIS OF NET ASSEfs BETWEEN FLINOS 30.9.23 Tolal funds 30.9.22 Total funds Unrestricted Reslricted fund fund Curreit assets Curreil liabililies 319,008 319,008 234,394 317208 317,208 732,594 Page 12 cor tinued...

Hel Yateem Notes to the Financial Statements - continued for the Year Ended 30 Se tember 2023 13. MOVEMENT IN FUNDS Net movement in funds At 1.10.22 At 30.9.23 Unrestricted funds General fund 332,594 (15,386) 317,208 TOTAL FUNDS 332,594 15,3861 317,208 Net movement in funds, included in the above are as follows., Incoming resourc8S ReSoUrS Movement expended in funds Unrestricted funds General fund 105,364 1120,7501 (15,3861 Restricted funds Donation 118,140 1118,1401 TOTAL FUNDS 223,504 Comparatlves for movement In funds Net movement in funds At 1.10.21 At 30.9.22 Unrestricted funds General fund 263,225 69,369 332,594 TOTAL FUNDS 263,225 69,369 332,594 Page 13 continued...

Hel Yateem Notes to the Financial Statements - continued for the Year Ended 30 Se tember 2023 13. MOVEMENT IN FUNDS - continued Comtorative net movernent in funds, included in the above are as follows: Incoming resources Resources M,)vement expended in funds UnreKtricted funds General fund 299,401 1230,032} 69,369 Restrcted funds Donafion 170,166 {170,166) TOTAL FUNDS 469.567 400,198) 69,369 A current year 12 rnonths and prior year 12 months comblned position is as follows.. Net movement in funds At 1.10.21 At 30.9.23 Unrestrlcted funds Gene"al fund 263,225 53,983 ?17,208 TOTP.L FUNDS 263,225 53,983 A current year 12 months and prior year 12 months combined nel movement in funds included in the above are as follows: Incoming resources Resources MJvement expended li funds Unrestricted funds Gene71 fund 404,765 (350,7821 53,983 Restricted funds Dona"ion 288,306 1288,306) TOTAL FUNDS 693.071 639,0881 53,983 Page 14 continued...

Hel Yateem Notes lo the Financial Statem8nts - con for the Year Ended 30 Se tember 2023 14. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 30 September 2023. Page 15

Hel Yateem D8tai18d Sta'8m8nt of Financial Activities for the Year Ended 30 Se tember 2023 30.9.23 30.9.22 INCOME AND ENDOWMENTS Donations and legacles Donations Gift aid 87,309 210,052 57,609 87.309 267,661 Other trading activities Orphan sponsorship Ramadan & Eid packages for orphan families Qurbani for t)rphan Water & Ma4jid Project Sales Emergency -elief program Developmerit Projects 21,162 60,720 40,018 12,267 75,768 12,941 31,740 20,737 18,055 22,473 22,220 136,195 201,906 Total incoming resources 223,504 469,567 EXPENDITURE Other Purchases Closing stod( Opening stcrk 13,564 (11,226) 13,730 22,361 (13,730) 22,518 16,068 31,149 Support costs Administrative expenses Orphan edJGational projects Fundraising costs Administra-.ion expenses Orphan ramadan food & Eid gift program 43,540 31,460 18,681 120,352 38,598 35,462 45,880 139,561 78,266 272,678 Carried forNard This page does not fom part of the statutory financial statements Page 16

Hel Yateem Detailed Statement of Financial Activitl8S for the Year Ended 30 Se tember 2023 30.9.23 30.9.22 Administrative &xpen5es Brought forward Orphan sponsorship Eid qurbani Water & Masjid Project Emergency relief program Development project expense 139,561 21,430 13,121 272,678 60,337 11,105 23,129 24.910 22.000 221.022 367,249 Governance costs Accountancy and legal fees 1.800 1,800 Total resources expended 238,890 400,198 Net (expenditure}lin¢ome 15,3861 This page does not forrn part of the statutory financial statements Page 17

REGISTERED COPJIPANY NUMBER: 08672833 {England anj Wales} REGISTERED CHARITY NUMBER: 1158571 ort of the Trustees and Unaudited Financial State ents for Ihe Year Ended 30 Se tember 2023 for Hel Yateem