**REGISTERED CHARITY NUMBER: 1160467 REGISTERED COMPANY NUMBER: 08659663**
**TIME TO HELP (UK)** (A company limited by guarantee)
**TRUSTEES’ REPORT AND FINANCIAL STATEMENTS**
**FOR THE PERIOD FROM 1 SEPTEMBER 2021 TO 31 DECEMBER 2022**
## **TIME TO HELP (UK)**
|**Contents**|**Page**|
|---|---|
|Legal and administrative information|2|
|Trustees’ Report
|3 - 12|
|Accountant’s Report|13|
|Statement of Financial Activities|14|
|Balance Sheet|15|
|Notes to the Financial Statements|16 - 24|
1
## **TIME TO HELP (UK)**
## **Legal and administrative information**
## **Trustees**
Bilal Karaduman
Mustafa Kasim Erol Gulistan Arslan
**Company Number: 08659663 Charity Number: 1160467**
## **Registered Office address**
6[th] Floor, Alliance House 29-30 High Holborn, London, WC1V 6AZ
## **Accountants**
AA ACCOUNTANCY SERVICES 244 Chase Road London N14 6HH
2
## **Message from the Chair**
Dear Friends, Partners, and Valued Supporters,
As we reflect on another year of incredible impact and meaningful change, I am both humbled and inspired by the collective contributions that have propelled Time to Help to new heights. It is an immense honour to serve as the Chair of this extraordinary organisation, whose work transcends all barriers of age, nationality, and religion.
The last year presented its unique set of challenges; however, it also gave us countless opportunities to showcase the indomitable spirit of compassion that defines T2H. Allow me to share some highlights of our activities and financial commitments over the past year.
## **Local Initiatives**
- Talking Bubble Project: Our volunteers have had 328800 minutes of conversation with 115 people, alleviating loneliness and promoting mental well-being.
- Support for the Homeless: We distributed a total of 6,800 packed lunches in London, offering a modicum of comfort and nourishment to those living on the streets.
- Refugee Education & Support: A total of £34,800 was invested to help 600 refugees with their education and essential needs, furthering their chances at a more stable life in their new homes.
## **International Outreach**
- Water Wells: We successfully built 51 water wells, directly benefiting 57,100 people by providing them access to clean and safe drinking water.
- Ramadan and Qurban Campaign: Our distribution efforts saw 26,589 food packages reach a staggering 132,745 people, giving them not just sustenance but also hope.
- Iftar Dinners: We organised 30 iftar dinners, hosting a total of 2,250 people helping them observe this sacred time in a community atmosphere.
- Share Your Happiness Program: This initiative enabled us to distribute 1,800 gifts to orphans, bringing joy and a sense of belonging to these young lives.
- Sustainable Income Programs: We provided 400 chickens and 20 bikes to 200 families, laying the foundation for sustainable income generation.
- Yemen Relief: In Yemen, 67,500 fresh loaves of bread were distributed, along with clean water tanks for refugee camps and food supplements for babies.
- Period Poverty: We gave out 4,470 sanitary pad packages to 1,788 girls, addressing a critical but often overlooked aspect of gender inequality.
## **Financial Transparency**
We operate with the utmost fiscal responsibility, ensuring that every pound donated is utilised to make a genuine impact. Our commitment to transparency is unyielding, and detailed financial reports are available for your review.
It is your generosity and commitment that enables us to reach those who are most vulnerable, both in the UK and globally. As we continue to expand our programmes and outreach, we invite further
3
financial contributions and active volunteer participation. Together, we can make a lasting difference in the lives of those who need it most.
In closing, thank you for believing in the power of goodness and compassion. Your continued support is the wind beneath our wings.
With heartfelt gratitude,
Bilal Karaduman Chair
## **Introduction**
The trustees are pleased to present the annual report along with the unaudited financial statements for Time to Help (UK) covering the period ending 31 December 2022. The preparation of the annual report and financial statements adheres to the accounting policies outlined in note 1 to the accounts and is in accordance with the charity’s articles of association, the Companies Act 2006, the Charities Act 1993, and the Statement of Recommended Practice: Accounting and Reporting by Charities 2005.
## **Structure, Governance, and Management**
## **Constitution**
Time to Help (UK) operates under the Articles of Association established on 26 July 2013, amended on 6 February 2015, and has been registered as a charity since 12 February 2015 with charity number 1160467. The charity’s principal objectives focus on providing relief to individuals in need, hardship, or distress, both within the United Kingdom and worldwide, due to local, national, or international disasters or their social and economic circumstances. This includes activities such as collecting and distributing donated clothing, food, and nourishment, providing accommodations and facilities, offering vocational training, and promoting economic independence.
## **Method of Appointment or Election of Trustees**
The management of the charity lies with the Trustees, who are elected and co-opted according to the terms specified in the Articles of Association.
4
## **Policies for Induction and Training of Trustees**
New Trustees receive induction sessions, providing comprehensive insights into the charity’s operations and policies. Additionally, they receive regular electronic updates, including monthly briefings on charity activities.
## **Organisational Structure and Decision Making**
Time to Help (UK) operates as a charitable company with Company Number 08659663 and holds registered charity number 1160467. The charity’s governance is vested in the Board of Trustees, which includes the chair, secretary, treasurer, and other trustees. The Board convenes at least four times a year to oversee the management of the charity.
## **Risk Management**
The Trustees have thoroughly assessed the charity’s major risks, particularly those related to its operations and finances. They are confident that appropriate systems and procedures are in place to mitigate the impact of these major risks effectively.
## **OBJECTIVES AND ACTIVITIES**
## **Policies and Objectives**
The Articles of Association outlines the objectives of Time to Help (UK) as follows:
The charity’s objects are specifically restricted to the relief of persons who are in need, hardship or distress in the United Kingdom and anywhere in the world as a result of local, national or international disaster or by reason of their social and/or economic circumstances by (including but not limited to):
1. Collecting and distributing donated clothing, food and nourishment
2. Providing (or assisting in the provision of), establishing and/or maintaining buildings, accommodations, housing, shelters, furniture, equipment or other facilities to help relieve need and improve people’s quality of life
3. Providing clean drinking water, electricity generators, wells, agricultural tools, machinery and any other equipment.
4. Providing (or assisting in the provision of), promoting, establishing and/or maintaining conferences, courses (vocational training or otherwise), and classes in order to educate and encourage people to gain their own economic independence by setting up their own trade, business or by increasing their chance of employment or better employment.
## **Strategies for Achieving Objectives**
Time To Help (UK) carries out its objectives by organising programs and aid campaigns, running community projects for disadvantaged or vulnerable people, and promoting equal opportunities and inclusion policies to benefit the wider public. The Trustees have taken into account the Charity Commission’s general guidance on public benefit, as well as supplementary guidance on humanitarian development.
5
## **Activities for Achieving Objectives**
To align with our objectives, Time to Help has undertaken a range of activities designed to make a tangible impact in the communities we serve. Here's how our recent activities directly map to our stated objectives:
Objective 1: Collecting and Distributing Donated Clothing, Food, and Nourishment
- Packed Lunches Distribution: Distributed 6,800 packed lunches to homeless individuals in London.
- Ramadan and Qurban Campaign: Distributed 26,589 food packages to 132,745 people.
- Yemen Relief Programs: Distributed 67,500 fresh loaves of bread in Yemen.
- Iftar Dinners: Organised 30 iftar dinners for 2,250 people.
Objective 2: Providing Facilities to Help Relieve Need and Improve Quality of Life
- Refugee Education and Support Program: Spent £34,800 to aid 600 refugees with their
- education and essential needs, including accommodations and furniture where required.
- Share Your Happiness Program: Distributed 1,800 gifts to orphans, adding a layer of emotional well-being to their quality of life.
- Talking Bubble Project: Had x minutes of conversation with x number of people, offering mental health support and reducing social isolation.
Objective 3: Providing Clean Drinking Water and Other Equipment
- Water Well Construction: Built 51 water wells, serving 57,100 people with clean drinking water.
- Yemen Relief Programs: Provided clean water tanks for refugee camps in Yemen.
- Sustainable Income Programs: Distributed 400 chickens and 20 bikes to 200 families, offering agricultural tools and machinery to generate a sustainable income.
Objective 4: Promoting Economic Independence Through Education and Employment
- Refugee Education and Support Program: The educational aspect of this program helps refugees gain economic independence by providing them with essential skills and qualifications.
- Sustainable Income Programs: By providing 400 chickens and 20 bikes to 200 families, we've laid the groundwork for these families to set up their own trade or business.
6
## **A Fountain of Hope: Mumina and Rukia's Journey to Clean Water**
The Daily Struggle: A Reality No Child Should Face
Mumina (10) and Rukia (9) of Qubani Village near the Tana River faced daily challenges that went beyond the difficulties of childhood. Not only did they walk 1.5 hours to Furaha Primary School, but they also carried the weighty responsibility of providing water for their family. A 2km trek to the Tana River was their daily routine, hauling 20-litre drums back and forth. The unclean, sandy water led to health issues like ringworms and frequent stomach aches, while their extended walks left them weary and physically drained.
The Transformation: Time to Help Steps In
Understanding the critical need for clean water, Time to Help took decisive action. A well was constructed in the heart of Qubani Village, drastically changing the living conditions for its residents. For Mumina and Rukia, this well was a game-changer. No longer needing to embark on arduous journeys to fetch water, they could direct their focus towards their education and experience a more typical, worry-free childhood.
## The Ripple Effect: More Than Just Water
Clean water from the new well didn't just alleviate immediate health concerns for Mumina and Rukia; it created a ripple effect of positive change throughout the village. Improved hygiene, better health, and increased time for education became the new norm. The well was not merely an amenity; it was a catalyst for transformative change.
7
## **ACHIEVEMENTS AND PERFORMANCE**
## **Going Concern**
After conducting appropriate inquiries, the trustees are confident that the charity has sufficient resources to continue its operations in the foreseeable future. Hence, the going concern basis has been adopted in preparing the financial statements.
## **Review of Activities**
As part of our ongoing commitment to social impact, Time to Help focused on several key areas that required immediate attention and intervention. Below is a detailed breakdown of the problems we identified and the activities we undertook to address them.
Problem: Loneliness and Social Isolation
## Activity: Talking Bubble Project
To combat the rising issue of loneliness and social isolation, especially among the elderly and marginalised groups, we initiated the Talking Bubble Project. Our volunteers spent x minutes conversing with x number of people, offering companionship and mental well-being support.
Problem: Homelessness and Food Insecurity
## Activity: Packed Lunches Distribution
In light of the escalating homeless population and the challenges they face in accessing nutritious meals, we distributed 6,800 packed lunches in London. These meals not only provide essential nourishment but also convey a message of compassion and community solidarity.
Problem: Lack of Educational and Essential Support for Refugees
## Activity: Refugee Education and Support Program
Understanding the educational and material needs of refugees trying to integrate into new communities, we allocated £34,800 to support 600 refugees. These funds were used for educational programs, career development, and meeting basic needs, laying the groundwork for their future success.
Problem: Inadequate Access to Clean Water
## Activity: Water Well Construction
Lack of access to clean water remains a significant issue in many communities overseas. We successfully constructed 51 water wells, directly benefiting 57,100 people and drastically reducing waterborne diseases in these areas.
Problem: Food Insecurity on an International Level
## Activity: Ramadan and Qurban Campaign & Iftar Dinners
Many struggle to find sufficient food during the religious periods of Ramadan and Qurban. We
8
distributed 26,589 food packages to 132,745 people and hosted 30 community iftar dinners for 2,250 individuals, ensuring that they could observe their faith without the burden of hunger.
Problem: Lack of Emotional Support and Joy for Orphans
## Activity: Share Your Happiness Program
Orphans often grow up lacking the emotional and psychological support that many take for granted. Through our Share Your Happiness Program, we distributed 1,800 gifts, offering some semblance of joy and normalcy to these children.
Problem: Lack of Sustainable Income for Impoverished Families
## Activity: Sustainable Income Programs
Poverty often traps families in a cycle that is hard to break. We provided 400 chickens and 20 bikes to 200 families, creating avenues for them to generate a sustainable income.
Problem: Severe Food and Water Insecurity in Yemen
## Activity: Yemen Relief Programs
The situation in Yemen is dire, with large sections of the population lacking access to basic necessities. We distributed 67,500 fresh loaves of bread and provided clean water tanks for refugee camps, along with essential food supplements for babies.
## Problem: Period Poverty
## Activity: Sanitary Pads Distribution
Period poverty remains a significant barrier to education and well-being for many young girls. We distributed 4,470 packages of sanitary pads to 1,788 girls, taking a step towards gender equality and dignity.
Through these activities, Time to Help continues to affirm its commitment to solving some of the most pressing problems facing our communities both in the UK and globally. As we move into the next period, we remain steadfast in our mission to bring about lasting change through the power of goodness and compassion.
## **Factors Relevant to Achieve Objectives**
Over the past nine years, the charity has earned a reputation for excellent aid campaign results, experienced staff, and a strong sense of trust among donors both at home and abroad. The ongoing support and evaluation from longstanding donors attest to the charity’s effectiveness in achieving its objectives.
## **FINANCIAL REVIEW**
## **Governance and Internal Control**
The trustees are responsible for the governance of the organisation and ensure the charity operates efficiently and effectively. They maintain proper records and reliable financial information, comply with relevant laws and regulations, and safeguard the charity’s assets. The system of internal control is designed to provide reasonable assurance against material misstatement or loss.
9
## **Reserves Policy (and Management of Risks)**
The trustees have considered strategic, business, and operational risks and are satisfied that systems are in place to mitigate exposure to major risks.
## **Principal Funding**
The charity's primary sources of funding are donations and grants, which are vital for sustaining our various initiatives both in the UK and overseas. In addition to financial contributions, we are supported by a dedicated network of volunteers spread across the UK and sometimes internationally. These volunteers actively participate in our activities, ranging from on-the-ground operations to awareness-raising campaigns, thereby amplifying the impact of the funds we receive. Their invaluable contributions, along with our financial resources, enable us to continue our mission of creating lasting change and fostering a spirit of solidarity within our communities.
## **Material Investments Policy**
There are no material investments by the charity during this period.
## **Reserves**
Our financial stability is instrumental in ensuring the continuous delivery of our charitable services both in the UK and overseas. In line with good financial governance and the guidelines set forth by the Charity Commission, we maintain a reserve account to secure our operations against unforeseen financial challenges and to ensure the sustainability of our initiatives.
At the end of this term, our reserve account holds a balance of £85,250. This reserve enables us to manage financial risks and ensures that we have the necessary funds to continue our operations effectively, even in the face of unexpected circumstances. The maintenance of this reserve underscores our commitment to long-term financial sustainability, allowing us to continue extending our helping hand to those in need, regardless of the economic climate.
## **Responsibilities of Trustees at Time to Help (UK)**
The trustees, who also serve as company directors at Time to Help (UK), are responsible for preparing several reports and financial statements in compliance with relevant laws and United Kingdom Accounting Standards. This includes preparing the trustees’ report and financial statements, all of which must accurately reflect the state of affairs, incoming resources, and application of resources for the charitable company and group during each financial year.
In the process of preparing these financial statements, the trustees are obligated to:
- Select appropriate accounting policies and consistently apply them.
- Adhere to the methods and principles outlined in the Charity Commission Statement of Recommended Practice (SORP).
- Make reasonable and prudent judgments and accounting estimates.
- Disclose whether applicable UK Accounting Standards have been followed, with any significant departures explained in the financial statements.
10
- Prepare the financial statements based on the going concern basis unless it is deemed inappropriate to presume that the charitable group will continue its operations.
- To fulfil their responsibilities, the trustees must maintain sufficient accounting records that:
- Clearly demonstrate and explain the charitable company and group’s transactions.
- Facilitate the accurate disclosure of the charitable group’s financial position at any given time.
- Enable them to ensure compliance with the Companies Act 2006 and the provisions of the trust deed.
The trustees are also accountable for safeguarding the assets of the charitable company, and they must take reasonable measures to prevent and detect fraud and other irregularities.
## **Statement on Disclosure of Information to the Auditors**
Under Section 418 of the Companies Act 2006, the trustees’ report must include statements confirming that each trustee is unaware of any relevant audit information that the auditors are unaware of. The trustees must take all necessary steps to become aware of any relevant audit information and ensure that the auditors are informed about it.
## **Public Benefit**
Time to Help (UK) develops strategic plans to maximise public benefit and achieve its objectives, which are defined by the Charities Act 2011. The trustees consider the Charity Commission’s general guidance on public benefit while setting objectives and planning activities.
## **Employees**
The organisation is committed to being an equal opportunities employer, recruiting and promoting staff based on aptitude and ability, without discrimination. Measures are taken to ensure a fair recruitment process, including “blind shortlisting” and reasonable adjustments for candidates with disabilities. The organisation supports its disabled colleagues and provides a flexible and supportive work environment. It offers management and leadership development programs to enable career growth within the organisation.
## **Volunteers**
Time to Help (UK) values its dedicated network of volunteers and actively manages their involvement to optimise their contributions to various operations.
## **Fundraising Structure**
The organisation raises funds through various channels and follows the Fundraising Regulator’s Code of Fundraising Practice, ensuring compliance with relevant statutory regulations.
11
## **Fundraising Approaches**
Time to Help employs various fundraising approaches, including major-donor giving, corporate giving, community fundraising, digital peer-to-peer fundraising, challenges, auctions, volunteer activities, direct mail, social media, influencer, and digital fundraising.
## **Protecting Vulnerable People**
Time to Help (UK) adheres to the Fundraising Regulator’s Code of Fundraising Practice and ensures that colleagues and volunteers are well-informed about safeguarding vulnerable individuals during fundraising activities.
## **Complaints Handling**
The organisation maintains an open-door policy for stakeholders to provide feedback and addresses complaints in accordance with its Fundraising Regulator-approved policy.
## **Qualifying Third Party Indemnity Provisions**
Trustees are provided with indemnity insurance to protect them against third-party liability.
## **PLANS FOR THE FUTURE**
## **Future Goals**
Time To Help (UK) is committed to creating lasting change and fostering a spirit of solidarity within our communities, both domestically and abroad. As we look towards the future, our strategic plan aims to broaden our impact by expanding our geographical reach, deepening our service offerings, and strengthening our collaborations with other organisations and stakeholders. This document outlines our key future goals in the following areas: Geographical Expansion, Collaboration and Partnerships, Mental Health Services, Sustainable Funding, and Alumni Engagement.
## **Disclosure of Information to Accountants**
Each trustee has confirmed their awareness of relevant financial information and has ensured the charity’s auditors are aware of it.
## **Approved by the Chair of Trustees on behalf of the Board of Trustees**
12
## **TIME TO HELP (UK)**
## **INDEPENDENT EXAMINER'S REPORT TO TRUSTEES OF TIME TO HELP (UK)**
I report on the accounts of the charity for the period ended 31 December 2022 which are set out on pages 10 to 20
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment Act 2005 and the Charities Accounts Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
## **Basis of independent examiner’s statement**
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner’s statement**
In the course of my examination, no matter has come to my attention other than disclosed below.
1.which gives me reasonable cause to believe that in any material respect the requirements:
•to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations
•to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations have not been met, or
2.to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached **.**
AA ACCOUNTANCY SERVICES
Chartered Certified Accountant
244 Chase Road, London, N14 6HH
Date: 29 July 2023
13
## **TIME TO HELP (UK) STATEMENT OF FINANCIAL ACTIVITIES**
## **(Incorporating income and expenditure account) FOR THE YEAR ENDED 31 DECEMBER 2022**
|**Unristricted**
**Notes**
**Funds**
**INCOME AND EXPENDITURES**
**£**
**INCOMING RESOURCES**
Incoming resources from generated funds:
Charitable income
2
246826
Activities for generating funds
3
0
Investment income
4
0
Incoming resources from charitable activities
5
0
Other incoming resources
6
90
**TOTAL INCOMING RESOURCES**
246916
**RESOURCES EXPENDED**
charitable Activities
7
148028
Governance Costs
8
24934
Other resources expended
9
0
**TOTAL RESOURCES EXPENDED**
11
172962
**NET INCOMING/(OUTGOING) RESOURCES**
**before transfers**
**21**
73954
**Transfersbetween funds**
-
**NET MOVEMENT IN FUNDS FOR THE YEAR**
73954
**Total Funds at 1 September 2021**
195056
Prior Year Adjustment (Note 19)
0
**Total Funds at 31 DECEMBER 2022**
269010
=====|**Restricted**
**Funds**
**£**
362080
0
0
0
-
362080
434860
0
0
434860
-72780
-
-72780
15876
0
-56904
=====|**2022**
**Total**
**£**
608,906
0
0
0
90
608996
582888
24934
0
607822
1174
-
1174
210932
0
212106
=====|**2021**
**Total**
**£**
516,123
76452
0
0
6|
|---|---|---|---|
||||592581|
||||517136
20825
0|
||||537961|
||||54620
-|
||||54620
156312
0|
||||210932
=====|
The notes on pages 12 to 22 form part of these accounts.
14
## **TIME TO HELP (UK)**
## **BALANCE SHEET AS AT 31 DECEMBER 2022**
|**Notes**
**2022**
**₤**
15
11724
11724
Debtors
**16**
47418
154500
201918
**17**
(1536)
200382
**18**
0
212106
**=====**
**20**
-56904
**20**
269010
212106
**=====**
Unrestricted funds
**CREDITORS:**Amounts falling due
within one year
**Total assets less current liabilities**
**Net current assets / (liabilities)**
**CREDITORS:**Amounts falling due
more than one year
**FIXED ASSETS**
Tangible assets
**CURRENT ASSETS**
Cash at bank and in hand
Restricted funds
**CHARITY FUNDS**|**2021**
**₤**
9867|
|---|---|
||9867
7832
195795|
||203627
(2562)|
||201065
0|
||210932
**=====**
15876
195056|
||210932
**=====**|
The notes on pages 16 to 24 from part of these accounts. Approved by the Board of Trustees on 25 October 2023.and signed on its behalf by Bilal Karaduman, Trustee.
Bilal Karaduman Chairman
15
**TIME TO HELP (UK) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
## **1. ACCOUNTING POLICIES**
## **1.1 Basis of preparation of financial statements**
The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), 'Accounting and Reporting by Charities' published in March 2005 and applicable accounting standards.
## **1.2 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
## **1.3 Incoming resources**
All incoming resources are included in the Statement of financial activities when the charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability.
Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable No income is recognised where there is no financial cost borne by a third party.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable
## **1.4 Resources expended**
Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled, Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
16
## **TIME TO HELP (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
## **1. ACCOUNTING POLICIES (continued)**
## **1.5 Tangible fixed assets and depreciation**
All assets costing more than £ _500_ are capitalised.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures and fittings 25% reducing balance
## **1.6 Foreign currencies**
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.
Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.
Exchange gains and losses are recognised in the Statement of financial activities.
## **1.7 Programme related investment**
Programme related investments are stated at the cost of investment.
|**2. VOLUNTARY INCOME**
Donations
Grants
**Voluntary Income**
**3. TRADING ACTIVITIES**
**Charity trading income**
Charity trading income-Domestic
Net income from trading activities|**Unristricted**
**Funds**
**£**
246826
0
246826
**Unristricted**
**Funds**
**£**
0
0|**Restricted**
**Funds**
**£**
335837
26243
362080
**Restricted**
**Funds**
**£**
-
0|**2022**
**Total**
**£**
582663
26243
608906
**2022**
**Total**
**£**
0
0|**2021**
**Total**
**£**
448597
67526|
|---|---|---|---|---|
|||||516123|
|||||**2021**
**Total**
**£**
76452|
|||||76452|
17
## **TIME TO HELP (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
|**4. INVESTMENTINCOME**
**Unristricted**
**Funds**
**£**
Rental Income
0
**5. INCOMING RESOURCES FROM CHARITABLE**
**Unristricted**
**Funds**
**£**
Charitable Activities
0
**6. OTHER INCOMING RESOURCES**
**Unristricted**
**Funds**
**£**
Other incoming resources
90
**7. EXPENDITURE BY CHARITABLE ACTIVITY**
**SUMMARY BY FUND TYPE**
**Unristricted**
**Funds**
**£**
Investment Income
0
Charitable Activities
148028
148028
**SUMMARY BY EXPENDITURE TYPE**
**Staff**
**Costs**
**£**
Investment Income
Charitable Activities
74817
74817|**Restricted**
**2022**
**Funds**
**Total**
**£**
**£**
0
0
**ACTIVITIES**
**Restricted**
**2022**
**Funds**
**Total**
**£**
**£**
0
0
**Restricted**
**2022**
**Funds**
**Total**
**£**
**£**
0
90
**Restricted**
**2022**
**Funds**
**Total**
**£**
**£**
0
0
434860
582888
434860
582888
**Other**
**2022**
**Costs**
**Total**
**£**
**£**
0
73211
148028
73211
148028|**2021**
**Total**
**£**
0|
|---|---|---|
|||**2021**
**Total**
**£**
0|
|||**2021**
**Total**
**£**|
|||6|
|||**2021**
**Total**
**£**
0
517136|
|||517136|
|||**2021**
**Total**
**£**
0
517136|
|||517136|
18
## **TIME TO HELP (UK) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
|**8. GOVERNANCE COSTS**
**Unrestricted**
**Funds**
**£**
Governance- Accountants fees
500
Governance - Premises costs for head office
1600
Governance - telephone
109
Governance expense - computer expenses
1738
Governance expense - wages and salaries
10018
Governance expense - NI
10969
Governance - depreciation - tangible fixed assets
24934
====
**9. OTHER RESOURCES EXPENDED**
**Unrestricted**
**Funds**
**£**
Loss((profit) on disposal of fixed asset
0
====
**10. DIRECT COSTS**
**Basis of Unrestricted**
**All Charitable activities**
**Allocation**
**Funds**
**£**
Charitable Contributions
Direct
Clean water appeal
Direct
Community projects
Direct
Total Disaster Relief
Direct
Homeless project
Direct
Orphan care project
Direct
Qurban appeal
Direct
Ramadan appeal
Direct
Refugee appeal
Direct
Cleaning
Direct
422
Staff training and welfare
Direct
3201
Premises
Direct
14400
Insurance
Direct
1498
Fundraising expenses
Direct
2918
Professional fees
Direct
4160
Printing, Postage and Stationary
Direct
295
Motor expenses
Direct
402
Office / admin expenses
Direct
973
Telephone and internet
Direct
981
Travel and substance
Direct
6858
Repairs and Renewals
Direct
106
Bank Charges
Direct
1027
Credit Card Charges
Direct
589
Subscriptions
Direct
2843
Miscellaneous
Direct
-1344
Advertising
Direct
9734
Paypal/stripe fees
Direct
5710|**Unrestricted**
**Funds**
**£**
500
1600
109
1738
10018
10969|**Restricted**
**Funds**
**£**
0
====
**Restricted**
**Funds**
**£**
0
====
**Restricted**
**Funds**
**£**
68329
14246
14162
13602
6809
161152
49270
91941|**2022**
**Total**
**£**
500
1600
109
1738
10018
10969
0|**2021**
**Total**
**£**
1000
800
14
995
6498
10918
600|
|---|---|---|---|---|
||24934
====
**Unrestricted**
**Funds**
**£**||24934
====
**2022**
**Total**
**£**|20825
====
**2021**
**Total**
**£**|
||||0
====
**2022**
**Total**
**£**
0
68329
14246
14162
13602
6809
161152
49270
91941
422
3201
14400
1498
2918
4160
295
402
973
981
6858
106
1027
589
2843
-1344
9734
5,710.00|0
====
**2021**
**Total**
**£**
334567
1014
950
7200
876
10470
10550
352
0
283
129
0
1157
703
0
1607
-400
2233
2676|
|Software
Direct
15644
Wages and salaries
Direct
74817
Pension
Direct
2794
Purchases
148028
====|Software
Direct
15644
Wages and salaries
Direct
74817
Pension
Direct
2794
Purchases
148028
====|15349
434860
====|15644
90166
2794|8953
58486
3155
72175|
|---|---|---|---|---|
||148028
====||582888
====|517136
====|
19
## **TIME TO HELP (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
## **11. ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE**
|**Staff Costs**
**Depreciation**
**Other Costs**
**2022**
**£**
**£**
**£**
**£**
Investment Income
0
0
0
0
Charitable Activities
74817
0
73211
148028
**Charitable activities**
74817
0
73211
148028
**Governance**
20987
0
3947
24934
**Loss on disposal of fixed assets**
0
0
0
0
95804
0
77158
172962
**12. ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES**
**Activities undertaken**
**Total**
**Directly**
**Support Costs**
**2022**
**£**
**£**
**£**
Investment Income
0
0
0
Charitable Activities
434860
24934
459794
**Total**
434860
24934
459794|**2022**
**£**
0
148028|**2021**
**£**
0
357076|
|---|---|---|
||148028|390188|
||24934
0|53214
0|
||172962|443402|
|||**Total**
**2021**
**£**
33112
410290|
||459794|443402|
## **13. NET INCOMING RESOURCES**
This is stated after charging:
|**13. NET INCOMING RESOURCES**
This is stated after charging:|||
|---|---|---|
||**2022**|**2021**|
||**£**|**£**|
|Depreciation of tangible fixed assets: owned by charity|0|3724|
|Auditor's remuneration|0|0|
|Governance Accountant fees|500|1500|
During the year, no Trustees received any remuneration (2020 -£NIL). During the year, no Trustees received any benefits in kind (2020 -£NIL).
During the year, no Trustees received any reimbursement of expenses (2020 -£NIL).
## **14. STAFF COSTS**
Staff costs were as follows:
|Wages and salaries
Social security costs
The average monthly number of employees during the year was as follows:|**2022**
**£**
100184
10969
111153
**2022**
**No.**|**2021**
**£**
64984
83093|
|---|---|---|
|||148077|
|||**2021**
**No.**
10|
No employee received remuneration amounting to more than £60,000 in either year.
20
## **TIME TO HELP (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
## **15. TANGIBLE FIXED ASSETS**
|**15. TANGIBLE FIXED ASSETS**||
|---|---|
|**Cost**
At 31.08.21
Additions
At 31.12.22
**Depreciation**
At 31.08.21
charge for period
At 31.12.22
**Net book values**
**At 31.12.22**
**At 31.08.21**|**TOTAL**
**£**
10467
2057|
||12524|
||600
200|
||800|
||11724|
||9867|
21
## **TIME TO HELP (UK) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
## **16. DEBTORS**
|**EBTORS**||||
|---|---|---|---|
||**2022**|**2021**||
||**£**|**£**||
|Due after more than one year||||
|Other Debtors|**0**|**0**||
|Due within one year||||
|Trade debtors|0||0|
|Other debtors|47418||7832|
||47418||7832|
## **17. CREDITORS:** Amount falling due within one year
|**2022**
**£**
Bank loans and Overdraft
0
Trade creditors
0
Other taxation and social security
1285
Other creditors
251
Accruals and deferred income
0
1536|**2021**
**£**
0
0
1285
277
1000|
|---|---|
||2562|
## **18. CREDITORS:** Amount falling due after one year
|Bank loans
Other creditors|**2022**
**£**
0
0
0|**2021**
**£**
0
0|
|---|---|---|
|||0|
22
## **TIME TO HELP (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
## **19. PRIOR YEAR ADJUSTMENT**
There is no prior year adjsutment this year
## **20. STATEMENT OF FUNDS**
|**Designated Funds**
**General Funds**
General Funds-all funds
**Total Unrestricted funds**
**Restricted funds**
Restricted funds-all funds
**Total of funds**
**SUMMARY OF FUNDS**
General Funds
Restricted funds|**Brought**
**Forward**
**£**
195056
195056
15876
210932
**Restated**
**Brought**
**Forward**
**£**
195056
15876
210932|**Incoming**
**Resources**
**£**
246916
246916
362080
608996
**Incoming**
**Resources**
**£**
246916
362080
608996|**Resources**
**Expended**
**£**
(172962)
(172962)
(434860)
(607822)
**Resources**
**Expended**
**£**
(172962)
(434860)
(607822)|**Transfers**
**In/Out**
**£**
0|**Carried**
**Forward**
**£**
269010|
|---|---|---|---|---|---|
|||||0|269010|
|||||0|-56904|
|||||0|212106|
|||||**Transfers**
**In/Out**
**£**
0
0|**Carried**
**Forward**
**£**
269010
-56904|
|||||0|212106|
23
## **TIME TO HELP (UK)**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
## **22. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Tangible fixed assets
Debtors due after more than 1 year
Current assets
Creditors due within one year
Creditors due in more than one year|**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
£
11724
0
11724
9867
0
0
0
0
201918
0
201918
203627
(1536)
0
(1536)
(2562)
0
0
0
0|
|---|---|
||**0**
**212106**
**210932**|
## **23. RELATED PARTY TRANSACTIONS**
There was not any related party transaction with any of the trustees this year and last year.
24