OpenCharities

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.

← Time To Help (UK)

2023-12-31-accounts

REGISTERED CHARITY NUMBER: 1160467 REGISTERED COMPANY NUMBER: 08659663

TIME TO HELP (UK) (A company limited by guarantee)

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2023

TIME TO HELP (UK)

Contents Page
Legal and administrative information 2
Trustees’ Report
 3 - 8
Accountant’s Report 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Financial Statements 12-20

1

TIME TO HELP (UK)

Legal and administrative information

Trustees

Bilal Karaduman

Mustafa Kasim Erol

Ufuk Civelek

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 Supporters,

As we look back on another year of remarkable impact and meaningful change, I feel both humbled and inspired by the collective efforts that have taken Time to Help to new heights. It’s a great honour to serve as the Chair of this wonderful organisation, whose work crosses all boundaries of age, nationality, and religion.

The past year has brought its own set of challenges, but it has also given us many chances to show the strong spirit of compassion that defines Time to Help (T2H). Let me share some key highlights of our activities and financial commitments over the past year.

Local Initiatives

International Outreach

Tailoring Projects: In Uganda, we set up a tailoring course for women in deprived areas, especially single mothers, to help them learn a skill for the future. In the first group, 32 women completed the training and received government approved certificates.

Financial Transparency

We are committed to using every pound donated responsibly to make a real impact. Our dedication to transparency is unwavering, and detailed financial reports are available for you to review.

3

Your generosity and commitment enable us to help those who are most vulnerable, both in the UK and around the world. As we continue to grow our programmes and outreach, we welcome further financial contributions and volunteer support. Together, we can make a lasting difference in the lives of those who need it most.

To close, thank you for believing in the power of kindness and compassion. Your continued support keeps us going.

With heartfelt gratitude,

Bilal Karaduman Chair

4

Time to Help (UK) Annual Report

For the Period Ending 31 December 2023

Introduction

The trustees are pleased to present the annual report alongside the unaudited financial statements for Time to Help (UK) for the period ending 31 December 2023. This annual report and the accompanying financial statements have been prepared following the accounting policies outlined in note 1 to the accounts. The report adheres to 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 (Charity Number 1160467). The charity’s principal objective is to provide relief to individuals facing need, hardship, or distress in the UK and worldwide, especially due to local, national, or international disasters, or challenging social and economic circumstances. These activities include collecting and distributing donated clothing, food, and essential supplies, providing accommodations and facilities, offering vocational training, and promoting economic independence.

Method of Appointment or Election of Trustees

The management of Time to Help (UK) is overseen by the Trustees, who are elected and co-opted as per the terms outlined in the Articles of Association.

Policies for Induction and Training of Trustees

New Trustees receive induction sessions to familiarise themselves with the charity’s operations, policies, and mission. Regular updates, including monthly electronic briefings on charity activities, are provided to ensure they remain informed.

Organisational Structure and Decision Making

Time to Help (UK) operates as a charitable company (Company Number 08659663) with a registered charity number 1160467. The governance of the charity is vested in the Board of Trustees, which consists of the chair, secretary, treasurer, and other trustees. The Board meets at least four times a year to oversee the charity’s management and strategic direction.

Risk Management

The Trustees have thoroughly reviewed the charity’s major risks, particularly those affecting operations and finances. They are confident that appropriate systems and procedures are in place to manage and mitigate these risks effectively.

Objectives and Activities

Policies and Objectives

5

The charity’s objectives are outlined in the Articles of Association and focus on relieving those in need, hardship, or distress in the UK and across the globe due to disaster or challenging socioeconomic circumstances. The objectives are achieved through:

  1. Collecting and distributing donated clothing, food, and nourishment.

  2. Providing accommodation, facilities, and essential supplies to improve people’s quality of life.

  3. Establishing clean drinking water sources and providing necessary equipment.

  4. Promoting vocational training and education to foster economic independence.

Strategies for Achieving Objectives

Time to Help (UK) achieves its objectives through aid campaigns, community projects, and the promotion of equal opportunities. The Trustees follow the Charity Commission’s guidance on public benefit, ensuring the charity's activities are designed to maximise positive outcomes.

Activities for Achieving Objectives

The following activities illustrate how Time to Help (UK) has addressed its stated objectives:

6

Achievements and Performance

Going Concern

After careful consideration, the trustees are confident that the charity has sufficient resources to continue operating in the foreseeable future. Therefore, the financial statements have been prepared on a going concern basis.

Review of Activities

The following outlines key problems identified by the charity and the activities undertaken to address them:

Loneliness and Social Isolation:

Activity: Talking Bubble Project, where volunteers provided companionship through extended conversations.

Homelessness and Food Insecurity:

Activity: Distribution of 1,800 hot food packed lunches in London

- Lack of Educational and Essential Support for Refugees:

Activity: £17800 was allocated to support 320 refugees. To support the integration of asylum seekers, we held 26 coffee mornings in hostels, serving coffee, offering live music, and running bracelet making sessions. This initiative had a big impact on the mental health of the refugees.

- Inadequate Access to Clean Water:

Activity: Construction of 65 water wells, benefiting 80,564 people.

- Food Insecurity on an International Level:

Activity: 54,233 food packages were distributed during Ramadan and Qurban, and 37 iftar dinners were organised.

- Lack of Emotional Support and Joy for Orphans:

Activity: Distribution of 2,800 gifts through the Share Your Happiness Programme.

- Lack of Sustainable Income for Impoverished Families:

Activity: 40 goats, 62 chickens, and 5 bikes were provided to 152 families.

- Severe Food and Water Insecurity in Yemen:

Activity: 48122 loaves of bread and clean water tanks were supplied to refugee camps.

- Period Poverty:

7

Activity: 5480 sanitary pad packages were distributed to 2154 girls. Financial Review

Governance and Internal Control

The trustees are responsible for the governance of the charity, ensuring efficiency and compliance with relevant regulations. Internal controls are in place to prevent material misstatements or losses.

Reserves Policy

The charity maintains a reserve account to safeguard against financial uncertainties. As of this term, the reserve balance stands at £79000, providing financial security for future operations.

Principal Funding

Time to Help (UK) relies primarily on donations and grants to sustain its initiatives. The charity is also supported by a network of volunteers who actively contribute to its success.

Material Investments Policy

There were no material investments during this period.

Plans for the Future

Time to Help (UK) aims to continue expanding its reach, deepen its service offerings, and strengthen collaborations. Future goals include:

- Geographical Expansion

- Collaboration and Partnerships

- Mental Health Services

- Sustainable Funding

- Alumni Engagement

- Volunteer Trips

- Corporate events

- Walk 2 water

Approved by the Chair of Trustees on behalf of the Board of Trustees.

This structured document aligns with the requirements for submission to the Charity Commission, ensuring clarity, professionalism, and compliance with relevant guidelines.

8

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 2023 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: 15 October 2024

9

TIME TO HELP (UK) STATEMENT OF FINANCIAL ACTIVITIES

(Incorporating income and expenditure account) FOR THE YEAR ENDED 31 DECEMBER 2023

Unristricted
Notes
Funds
INCOME AND EXPENDITURES
£
INCOMING RESOURCES
Incoming resources from generated funds:
Charitable income
2
417240
Activities for generating funds
3
0
Investment income
4
0
Incoming resources from charitable activities
5
0
Other incoming resources
6
785
TOTAL INCOMING RESOURCES
418025
RESOURCES EXPENDED
charitable Activities
7
200583
Governance Costs
8
14623
Other resources expended
9
0
TOTAL RESOURCES EXPENDED
11
215206
NET INCOMING/(OUTGOING) RESOURCES
before transfers
21
202819
Transfersbetween funds
-
NET MOVEMENT IN FUNDS FOR THE YEAR
202819
Total Funds at 1 January 2023
212106
Prior Year Adjustment (Note 19)
0
Total Funds at 31 DECEMBER 2023
414925
=====		 Restricted
Funds
£
429566
0
0
0
-
429566
567951
0
0
567951
-138385
-
-138385
0
-138385
=====		 2023
Total
£
846,806
0
0
0
785
847591
768534
14623
0
783157
64434
-
64434
212106
0
276540
=====		 2022
Total
£
608,906
0
0
0
90
608996
582888
24934
0
607822
1174
-
1174
210932
0
212106
=====

The notes on pages 12 to 22 form part of these accounts.

10

TIME TO HELP (UK)

BALANCE SHEET AS AT 31 DECEMBER 2023

Notes
2023
₤
15
13362
13362
Debtors
16
61856
202884
264740
17
(1562)
263178
18
0
276540
=====
20
-138385
20
414925
276540
=====
FIXED ASSETS
Tangible assets
CURRENT ASSETS
Cash at bank and in hand
Restricted funds
CHARITY FUNDS
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		 2022
₤
11724
11724
47418
154500
201918
(1536)
200382
0
212106
=====
0
212106
212106
=====

The notes on pages 16 to 24 from part of these accounts. Approved by the Board of Trustees on 30 September 2024 and signed on its behalf byX TRUSTEE WITH A DISPENSATION, Trustee.

X TRUSTEE WITH A DISPENSATION Chairman

11

TIME TO HELP (UK) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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.

12

TIME TO HELP (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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
£
412340
4900
417240
Unristricted
Funds
£
0
0		 Restricted
Funds
£
417206
12360
429566
Restricted
Funds
£
-
0		 2023
Total
£
829546
17260
846806
2023
Total
£
0
0		 2022
Total
£
582663
26243
608906
2022
Total
£
0
0

13

TIME TO HELP (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

4. INVESTMENT INCOME
Unristricted
Funds
£
Rental Income
0
5. INCOMING RESOURCES FROM CHARITABLE
Unristricted
Funds
£
Charitable Activities
6. OTHER INCOMING RESOURCES
Unristricted
Funds
£
Other incoming resources
785
7. EXPENDITURE BY CHARITABLE ACTIVITY
SUMMARY BY FUND TYPE
Unristricted
Funds
£
Investment Income
0
Charitable Activities
200583
200583
SUMMARY BY EXPENDITURE TYPE
Staff
Costs
£
Investment Income
Charitable Activities
78822
78822		 Restricted
2023
Funds
Total
£
£
0
0
ACTIVITIES
Restricted
2023
Funds
Total
£
£
0
Restricted
2023
Funds
Total
£
£
0
785
Restricted
2023
Funds
Total
£
£
0
0
567951
768534
567951
768534
Other
2023
Costs
Total
£
£
0
121761
200583
121761
200583		 2022
Total
£
0
2022
Total
£
2022
Total
£
90
2022
Total
£
0
582888
582888
2022
Total
£
0
582888
582888

14

TIME TO HELP (UK) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

8. GOVERNANCE COSTS
Unrestricted
Funds
£
Governance- Accountants fees
1041
Governance - Premises costs for head office
2327
Governance - telephone
110
Governance expense - computer expenses
44
Governance expense - wages and salaries
8758
Governance expense - NI
2143
Governance - depreciation - tangible fixed assets
200
14623
====
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
385
Clean water appeal
Direct
Community projects
Direct
0
Total Disaster Relief
Direct
0
Homeless project
Direct
0
Orphan care project
Direct
0
Qurban appeal
Direct
0
Ramadan appeal
Direct
0
Refugee appeal
Direct
0
Yemen bread distribution
Direct
0
Grant giving
Direct
14500
Cleaning
Direct
311
Staff training and welfare
Direct
499
Premises
Direct
20944
Insurance
Direct
827
Fundraising expenses
Direct
6167
Professional fees
Direct
10277
Printing, Postage and Stationary
Direct
2528
Motor expenses
Direct
0
Office / admin expenses
Direct
8162
Telephone and internet
Direct
991
Travel and substance
Direct
16553
Repairs and Renewals
Direct
0
Bank Charges
Direct
3582
Credit Card Charges
Direct
0
Subscriptions
Direct
1863
Miscellaneous
Direct
8766		 Unrestricted
Funds
£
1041
2327
110
44
8758
2143
200		 Restricted
Funds
£
0
====
Restricted
Funds
£
0
====
Restricted
Funds
£
57826
6830
100587
1258
68310
288071
2310
32240
10519
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0		 2023
Total
£
1041
2327
110
44
8758
2143
200		 2022
Total
£
500
1600
109
1738
10018
10969
0
14623
====
Unrestricted
Funds
£		 14623
====
2023
Total
£		 24934
====
2022
Total
£
0
====
2023
Total
£
385
57826
6830
100587
1258
68310
288071
2310
32240
10519
14500
311
499
20944
827
6167
10277
2528
0
8162
991
16553
0
3582
0
1863
8766		 0
====
2022
Total
£
0
68329
14246
14162
13602
6809
161152
49270
91941
0
0
422
3201
14400
1498
2918
4160
295
402
973
981
6858
106
1027
589
2843
-1344
Advertising
Direct
22925
Paypal/stripe fees
Direct
43
Software
Direct
396
Wages and salaries
Direct
78822
Pension
Direct
1945
Purchases
Direct
97
200583
====		 Advertising
Direct
22925
Paypal/stripe fees
Direct
43
Software
Direct
396
Wages and salaries
Direct
78822
Pension
Direct
1945
Purchases
Direct
97
200583
====		 0
0
0
0
0
0
567951
====		 22925
43.00
396
78822
1945
97		 9734
5710
15644
90166
2794
0
200583
====		 768534
====		 582888
====

15

TIME TO HELP (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

11. ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE

Staff Costs
Depreciation
Other Costs
2023
£
£
£
£
Investment Income
0
0
0
0
Charitable Activities
78822
0
121761
200583
Charitable activities
78822
0
121761
200583
Governance
10901
200
3522
14623
Loss on disposal of fixed assets
0
0
0
0
89723
200
125283
215206
12. ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES
Activities undertaken
Total
Directly
Support Costs
2023
£
£
£
Investment Income
0
0
0
Charitable Activities
567951
14623
582574
Total
567951
14623
582574		 2023
£
0
200583		 2022
£
0
357076
200583 390188
14623
0		 53214
0
215206 443402
Total
2022
£
33112
410290
582574 443402

13. NET INCOMING RESOURCES

This is stated after charging:

13. NET INCOMING RESOURCES
This is stated after charging:
2023 2022
£ £
Depreciation of tangible fixed assets: owned by charity 200 3724
Auditor's remuneration 0 0
Governance Accountant fees 1041 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:		 2023
£
87580
2240
89820
2023
No.		 2022
£
100184
10969
111153
2022
No.
10

No employee received remuneration amounting to more than £60,000 in either year.

16

TIME TO HELP (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

15. TANGIBLE FIXED ASSETS

15. TANGIBLE FIXED ASSETS
Cost
At 01.01.2023
Additions
At 31.12.23
Depreciation
At 01.01.2023
charge for period
At 31.12.23
Net book values
At 31.12.23
At 31.12.22		 TOTAL
£
12524
1838
14362
800
200
1000
13362
11724

17

TIME TO HELP (UK) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

16. DEBTORS

EBTORS
2023 2022
£ £
Due after more than one year
Other Debtors 0 0
Due within one year
Trade debtors 0 0
Other debtors 61856 34000
61856 34000

17. CREDITORS: Amount falling due within one year

2023
£
Bank loans and Overdraft
0
Trade creditors
0
Other taxation and social security
1285
Other creditors
277
Accruals and deferred income
0
1562		 2022
£
0
0
1285
277
1000
2562

18. CREDITORS: Amount falling due after one year

Bank loans
Other creditors		 2023
£
0
0
0		 2022
£
0
0
0

18

TIME TO HELP (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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
£
212106
212106
0
212106
Restated
Brought
Forward
£
212106
0
212106		 Incoming
Resources
£
418025
418025
429566
847591
Incoming
Resources
£
418025
429566
847591		 Resources
Expended
£
(215206)
(215206)
(567951)
(783157)
Resources
Expended
£
(215206)
(567951)
(783157)		 Transfers
In/Out
£
0		 Carried
Forward
£
414925
0 414925
0 -138385
0 276540
Transfers
In/Out
£
0
0		 Carried
Forward
£
414925
-138385
0 276540

19

TIME TO HELP (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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
2023
2022
£
£
£
£
13362
0
13362
11724
0
0
0
0
264740
0
264740
201918
(1562)
0
(1562)
(1536)
0
0
0
0
0
276540
212106

23. RELATED PARTY TRANSACTIONS

There was not any related party transaction with any of the trustees this year and last year.

20