HELP THE PEOPLE TRUST Reglstered Charity No. 1163740 Flnancial Statement for the Year Ended 31 May 2025
HELP TH EPEOPLE TRUST LEGAL INFORMATION Name of Charlty: Help the People Trust Charlty Re8lstratlon No. 1163740 Reglstered Addre$5: 303 Clayhall Avenue Ilford, Essex IGS OTE Telephone: Ernall: 02085203293 eo letrust mall.com Board of Trustees: Mr MudabbirAhmed Khan Mr Muhammad Muzakkir Hussain Chowdhury Mr Muhammad Ibrahim Haque Independent Examlner: Mohammed Muhlt Uddln M Com, ACA, FCCA Muhlt & Co. Chartered Certlfled Accountants 80A Ashf6eld Street Unit 4 London El 28J Bankers: Barclays Bank Pl¢ 278 Hoe St, Woltham5tow London E17 9QE Pa8e I
HELP THE PEOPLE TRUST REPORT OF THE TRUSTEES Hlstory, Objertlves and Actlvltles of Help the People Trust The Trustees of the Help the People Trust submit their report and financial statements for the year ended 31" May 2025. Help the People Trust was set up on the 6, Day of March 2015 and amended on 21 September 2015. Help the People Trust was incorporated as a charity and its name was entered in the Charity Commi55ion's Central Re8lSter on the 28 September 2015. The Oblectlves of Help the People Trust are: The Charity's objects are for the benefit of the Inhabitants of Bangladesh but not exclu5ivety: lal The advancement of educatlon in particular disadvanta8ed people of all faiths Idlsadvanta8ed by their economic or social circumstances) under the aged of Twenty-Five1251 years in the rea of benefit through the awarding of Scholarship, accommodation and maintenance Ilowances and by supportin8 the work of educational instltutions with the aim of improvirY3 the quality and availability of thelr educatlon. Ibl The relief of poverty, the promotion of good health and wellbeing lincludin8 the relief of the sickl, the relief of those in financial need, hardship and distress and the relief of suffering among impoverished people (impoverished due to their economic circumstances) in the area of benefit by providing housing, sanitatlon, clean water and flnancial assistance. Icl The relief of ihose in need in the area of benefit who are victims of natural or manmade disaster or catastrophe in particular by the supply of shelter, food and medical aid to such persons. Structure, Governance and Management The charity is constituted by a Constitution of a Charltable Incorporated Organlsatlon ICIOI wilh votin8 members are its Charity Trustee. Itls governed by the regulatlon set out In the ConstitutK>n and run by a voluntary Executive Committee. The charit5 commlttee members are elected at the Annual General Meeting every two years. The Executive Commlttee members are normally briefed by the Chairman and the General seCtary to familiarise themselves wlth the rules, regulations and responsibllltles of the charity. The Management Committee met six tlmes durlng the year to review the actlvitles of the charity includin8 the approval of the annual report and accounts as well as budgets, capital expenditure and to set out the fund-raising date for the Charlty. The day-toaY work of ihe charlty Is overseen by the Chalrman whols responslble to and reports to the Management Commlttee. The Executlve Commltteels aware of the potentlal rlsks to the charity, both financial and otherwlse. Therefore, strate8ies are In place to control these rlsks. Assessments have also been taken relatln8 to flre and health and safely. The Executlve Commlttee are 5erlously consldeilng other rlsk areas such as operatlonal. governance and compllance wlth law and re8ulatlons. A sollcitor, who speclallses In Charitles, law has been consulted about necessary pollcles. He ao%4lsed al)out It. Pollcles on Confllct of Interest and Confllct of Loyalty were dlscussed In trusiees. meetirK8 and speclal care Is belng taken to observe these rules. Pa8e 2
Achlevements and Performance of Help the People Trust: The Executive Committee is pleased io report a very active year. Help ltte People Trust 15 active seeking to protect its financial security lo contlnue to safeguard the ongoing development of the Trust and its project5 and 5ervice5 thal il offers lo the deprived communitie5 in Bangladesh. Trustee5 of Help the People Trust are pleased with the Trust's achievements over the last 12 months: Provided financial a551Stance to the widows. Provided financial assistance and medicines to the deprived people. Provided financiol 5UPPOrt for family maintenance for the poor and widows who were in desperate need. Provided support for educational advancement for the poor and needy families. Provided support to rebuild the houses for the homeless people. Build social housing for homeless and flood affetted people. The Management Committee Is indebted to all well-wishers for thelr support to Help the People Trust. The Executive Committee is very appreciative to the patrons for their financial support. We would also extend a word of thanks to all individuals and other community groups/or8anisations who have worked with and supported Help the People Trust. Flnanclal Revlew The financial position of the Charity is portrayed In the accompanying Annual Accounts. Statement of Trustees, Responslbllltles- Law appllcable to charities in England & Wales require5 the Trustees to prepare a financial statement for eath financial year, which gives a true and fair view of the charity's financial attivities during the year and of Its financial posltion at the end of the year. In preparing those financial statements, the trustees are requlred to: lal Select suitable accounting policies and apply consistently Ibl Make judgements and estimates that are reasonable and prudent,. Icl State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements: {dl Prepare the financial statements on a going concern basis unless it Is Inappropriate to presume that the charity will continue in operotlon. The Trustees are responsible for keeping accountin8 records, whlch discloses with rea50nabl¢ accuracy at any time the financSal positlon of the charity and enable them to ensure that the financial ststements comply wlth the charity act 1993. They are also responslble for safe8uardin8 the assets of the charity and hence for takln8 reasonable step5 for the prevèntlon and detectlon of fraud and other irregularities. Page 3
Reserve Pollry It is the policy ol the ch8rity that unrestficled lund5, whlch have not been deslgnated lor a specllk 115e, should be maintained at a level equivalent lo at least 12 months. expendtture. The Exec Commlttee consider ihal reserves at thls level wlll ensure that, in the event of a slgnrfkant drop In funding, they will be able lo contlnue the charitvs current aCtlt$ whlle consIderatft is 8fven ways in which addltional funds may be ra15ed. Help the People Trust wlll actIVe work to achie tNs level of reserves. Rlsk Factors The Trustees have assessed ihe major risks to which the chartty Is exposed •rKI are satlsfied IlHt SY51ems are In place lo mitl8ate exposure to the major risks. Independent Examlner As per the provisions of the CharStles Act 1993, the Trustees a8ree that an audrt b Th>t requlred this financial year,. however. due to the provlslons of the same act an Independem Examintr required. The Executive Committee agreed to re-appolnt Mohammed Muhlt UddSn M Com. U FCCAof 1¢ & Co. to carry out the Independent Examinatlon of the accounts In 2025. Accounts approved on the behalf of the Executlve Commlttee. Mudabblr Ahmed Khan Actln8 Chalr and Treasurer Dated: 2310312026 Pale 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HELP THE PEOPLE TRUST CHARITY REG: 1163740 FOR THE YEAR ENDED 31 MAY 2025 We have examined the financial statements on pages 6 to 8 which have been prepared on the basis of historic cost. Res ective res onsibilities of trustees and examiner The charity's trustees consider that an audit is not required for this year lunder section 43121 of the charities Att 19931 and that an independent examination is needed. It is our responsibility to.. Examine the accounts Follow the procedures laid down in the general directlons given by the charity commissn- and State whether particular matters have come to our attention. Basis of Inde endent Examinerfs statement Our examination was carried out in actordance with General Oirertion5 given by the CharTty Commission. An examination includes a review of the accounting record5 kept by the charity and a omparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking 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 we do not express an audlt oplnion on the accounts. Inde endent Examinerfs Statement In the course of our examination. no matter has come to our attention: Which gives us reasonable cause to believe that in, any material respect, the trustees ha¥e not met the requirements to ensure that.. Proper accounting records are kept lin accordance with sectlon 41 of the Act): and Accounts are prepared which a8ree with the accounting records and compty with the accounting requirements of the Att,. or To which, in our opinion, attention should be drawn in order to enable a proper understèndl of the accounts to be reached. MUHIT & CO. CHARTERED CERTIFIED ACCOUNTANTS 80A ASHFIELD STREET, LONDON EI 2BJ Dated: 2310312026 Pa8e S
HELP THE PEOPLE TRUST INCOME AND EXPEf4DITURE ACCOUNT FOR THE YEAR ENDED 31 MAY 2025 INCOME Grants & Donatlons Re¢eived Profitl Benefit AR Bank LESS: EXPENDrruRE Fund un Direct Charitable Expenses Bank Charges Travel & Subslstence ststionery, PrintlnB & P05tsge Accountancy & Book-keepln8 Sundry Expenses Total: SURPWYDEFICM FOR THE YEAR Pw6
HELP THE PEOPLE TRUST BALANCE SHEET AS AT 31 MAY 202 Not• 2•Y25 2014 Current Assets Cash at Bank.. Bardays Bank Cash In Hand Less: Current Llabllltles Credltors & Acuuals 165 Net Current Assets Net Assets l {Uabllltles) FlnJn¢ed By: rt51 (Defldtl fvnd In 2024 Surplus fund Irom 2023 A¢¥ •nd Yi•w
HELP THE PEOPLE TRUST NOTE5 TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2024 ACCOUNTING POLICIES Basls of Accountlng: The financial statements have been prepared under the hi5torlcal c05t convention in accordance with applicable accounting standards. Donatlons: This represents donation received from the following individuals and or8anisation as a nature of unrestricted fund. Donations are taken to Income and Expenditure account on a receipt ba515. There were no donations reiVed durin8 the year. Trust has Used their carry foThvard fund to continue the charitsble work for this year. Reserve Funds The reserve fund5 are for the use of continuou5 charitable sUPPOrt and for the operational expenses of the Charity- Trustees already applied to close the charity as there is no operation since 31 March 2024. Pa8e 8