**Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
Charity Assist Accountants Ltd
Certified Public Accountants and Charity Independent Examiners
Unit 27 Batley Enterprise Centre
513 Bradford Road Batley West Yorkshire
WF17 8LL
1
**Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
|**Contents**|**Page**|
|---|---|
|Basic information|
3|
|Trustees’ annual report|4-9|
|Independent examiner's report on the accounts|10-11|
|Income and expenditure accounts|12-13|
|Notes|14-18|
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**Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
## **Basic information**
## **Address**
Hope Welfare Trust
13 West Street Dewsbury WF12 9PT
## **Bank**
Barclays Bank 46 Market Place
Dewsbury WF13 1DN
## **Accountants**
Charity Assist Accountants Ltd Unit 27 Batley Enterprise Centre
Batley
WF17 8LL
## **Charity registration number**
1165106
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## **Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
**Trustees' Annual Report for the period**
||Period start date|Period start date|||Period end date|Period end date||
|---|---|---|---|---|---|---|---|
||01|Feb|2023||31|Jan|2024|
|**From**||||**To**||||
**Section A Reference and administration details**
**Charity name** Hope Welfare Trust **Other names charity is known by** HWT (working name) **Registered charity number** 1165106 **Charity's principal address** 13 West Street
Dewsbury
**Postcode WF12 9PT**
## **Names of the charity trustees who manage the charity**
**Trustee name** 1 Mohammed Zahoor 2 Khalid Hussain 3 Aksar Mohammed 4 Mohammed Khalil 5 Mohammed Wahab 6 Mohammed Shahid 7 Zafar Azam
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
CIO - Foundation registered 08 Jan 2016 Type of governing document (eg. trust deed, constitution) CIO How the charity is constituted
(eg. trust, association, company)
Trustee selection methods 1) Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a (eg. appointed by, elected by) properly convened meeting of the charity trustees. 2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO
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## **Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
## **Section C Objectives and activities**
**Summary of the objects of the charity set out in its governing document**
- The charity’s objects are specifically restricted to the following: 1) The relief of sickness and the preservation of health among people residing permanently or temporarily in UK and Jammu Kashmir.
- 2) The prevention or relief of poverty by providing: humanitarian aid, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.
- Provides buildings / facilities / open space;
- Provides services;
- Provides advocacy / advice / information;
- • Sponsors or undertakes research.
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
- Charity commission requires the trustees of a charity to: • Select suitable accounting policies, apply them consistently;
- • Make judgement and estimates that are reasonable and prudent; • Prepare the financial statements on the going concern basis unless there is a reason to believe that the charity will not continue for the foreseeable future.
- The Trustees are responsible for the keeping of proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charity Act 2011. They are also responsible for safeguarding the assets of the charity and hence to take reasonable steps for the prevention and detection of fraud and other irregularities.
5
## **Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
## **Section D Achievements and performance**
**Summary of the main achievements of the charity during the year**
The charity was able to raise funds towards their charitable activities. They were able to provide grants to a few organisations in the UK and towards their projects in Pakistan.
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
The charity holds £15,000 in reserve in case of an emergency expense and to cover 6 months running expenses.
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**Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
## **Section F What do we do**
## **Maternity Hospital Prahi District Kotli (AJK)**
Preventable deaths and complications occur during pregnancy frequently throughout the world. Hope Welfare Trust recognised this and designed and built a purpose made maternity and child hospital in Prahi. This hospital provides vital support to families before, during and after pregnancy. This maternity unit provides a safe and controlled environment for women significantly reducing the mortality morbidity rates in the region.
The hospital opened its doors in April 2018 and has seen many thousands of patients, currently averaging 250 people a week. Hope Welfare Trust hospital is working in partnership with AJK government in providing essential facilities for the local community of Prahi. There have been over 100 live births since the hospital opened and 95% of people who attended did not have to make any type of financial contribution towards their medical treatments as it was deemed, they were from a deprived background.
Hope Welfare Trust introduced a zakat card for orphans, widows and poor families, this card entitles them to free testing, free x-rays and free medication. The zakat card is valid for 2 years. The hospital is operational 24 hours a day, 365 days of the year.
Most of the state-of-the-art equipment in the hospital was procured, bought and shipped form the United Kingdom.
There have been a number of dental clinics and eye camps at the hospital in the last 12 months. These clinics
and camps are free to all patients. These camps have run via partnerships with other charities and have proven to be very popular with the local residents. We have had people attending who travelled over 3 hours in order to attend the clinics.
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## **Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
## **Education Support**
Hope Welfare Trust works to support over 350 children who are orphaned, disabled or from deprived backgrounds with their education needs, providing stationery, books and uniforms throughout their school years, until completion of secondary school.
Hope Welfare Trust also offers scholarships to a few students for their college and university costs. We hope to increase the number of scholarship students in the coming years.
## **Housing Projects**
Hope Welfare Trust provides housing support for families from poorer backgrounds, ensuring that issues such as overcrowding and poor living conditions are addressed and improved. Hope Welfare Trust works with these families to ensure they have acceptable living provisions. To date, Hope Welfare Trust has built over 25 houses for poor families, and has plans to build many more. These houses have a very basic specification which includes two rooms, a kitchen and a bathroom set.
## **Water Projects**
Hope Welfare Trust helps in providing access to clean, safe and reliable _water_ and sanitation solutions across the world, one village at a time.
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## **Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
## **UK initiatives**
Hope Welfare Trust works to tackle food poverty in the UK through our community kitchen programs and homeless food kitchens we help serve sustainable meals to rough sleepers who are struggling to find food.
## **Other projects**
Hope Welfare Trust also supports numerous projects around the world, such as helping poorer families towards the cost of basic marriage and also fund raising and awareness of feeding the homeless in the UK.
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
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**Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/** Hope Welfare Trust **members of**
**On accounts for the** 31[st] Jan 2024 **Charity** 1165106 **no year ended Set out on pages** 12-13
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31 / 01 / 2024** .
As the charity trustees of the Trust, you are responsible for the preparation **Responsibilities and** of the accounts in accordance with the requirements of the Charities Act **basis of report** 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
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**Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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## **Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
||Charity Name
HopeWelfareTrust|Charity Name
HopeWelfareTrust|Charity Name
HopeWelfareTrust|Charity Name
HopeWelfareTrust|Charity No
(ifany)
|1165106||
|---|---|---|---|---|---|---|---|
||Annual accounts for the period|||||||
||Period start date|**From **|**01.02.2023**|**To**|Period end
date|**31.01.2024**||
|||||||||
|**Section A**|**Statement of**||**financial activities**|||||
|**Recommended categories by**
**activity**||Guidance Notes|**Unrestricted**
**funds**|**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total funds**|**Prior year**
**funds**
**(restated)**|
||||**£**|**£**|**£**|**£**|**£**|
|**Incoming resources(Note 3)**|||F01|F02|F03|F04|F05|
|**Income and endowments from:**||||||||
|Donations and legacies||S01|29,170|181,854|-|211,024|385,158|
|Charitable activities||S02|-|-|-|-|-|
|Other trading activities||S03|-|-|-|-|-|
|Investments||S04|61|-||61|172|
|Separate material item of income||S05|-|-|-|-|-|
|Other||S06|-|-|-|-|-|
|**_Total_**||S07|29,231|181,854|-|211,085|385,330|
|**Resources expended(Note 6)**||||||||
|**Expenditure on:**||||||||
|Raising funds||S08|344|-|-|344|219|
|Charitable activities||S09|8,612|238,535|-|247,147|297,676|
|Separate material item of expense||S10|-|-|-|-|-|
|Other||S11|1,163|-|-|1,163|1,755|
|**_Total_**||S12|10,118|238,535|-|248,653|299,650|
|||||||||
|**Net income/(expenditure) before investment**
**gains/(losses)**||S13|19,113|56,681
-|-|37,569
-|85,680|
|Netgains/(losses)on investments||S14|-|-|-|-|-|
|**Net income/(expenditure)**||S15|19,113|56,681
-|-|37,569
-|85,680|
|**Extraordinary items**||S16|-|-|-|-|-|
|**Transfers between funds**||S17|-|-|-|-
|-|
|**Other recognised** **gains/(losses):**||||||||
|Gains and losses on revaluation of fixed assets for the charity’s
ow n use||S18|-|-|-|-|-|
|Other gains/(losses)||S19|-|-|-|-|-|
|**_Net movement in funds_**||S20|19,113|56,681
-|-|37,569
-|85,680|
|||||||||
|**_Reconciliation of funds:_**||||||||
|Total funds brought forw ard||S21|32,522|197,790|-|230,312|144,633|
|**_Total funds carried forward_**||S22|51,635|141,109|-|192,744|230,312|
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## **Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
|**Section B Balance sheet**|**Section B Balance sheet**|**Section B Balance sheet**|||||
|---|---|---|---|---|---|---|
||Guidance Notes|**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|
**Total this**
**year**|**Total last**
**year**
**(restated)**|
|||**£**|**£**|**£**|**£**|**£**|
|**Fixed assets**||F01|F02|F03|F04|F05|
|**Intangible assets(Note 15)**|B01|-|-|-|-|-|
|**Tangible assets(Note 14)**|B02|169|-|-|169|239|
|**Heritage assets(Note 16)**|B03|-|-|-|-|-|
|**Investments(Note 17)**|B04|-|-|-|-|-|
|**_Total fixed assets_**|B05|169|-|-|169|239|
|**Current assets**|||||||
|**Stocks(Note 18)**|B06|-|-|-|-|-|
|**Debtors(Note 19)**|B07|-|-|-|-|-|
|**Investments(Note 17.4)**|B08|-||-|-|-|
|**Cash at bank and in hand(Note 24)**|B09|54,590|141,109|-|195,700|231,523|
|**_Total current assets_**|B10|54,590|141,109|-|195,700|231,523|
||||||||
|**Creditors: amounts falling due**
**within oneyear(Note 20)**|B11|3,125|-|-|3,125|1,450|
||||||||
|**_Net current assets/(liabilities)_**|B12|51,465|141,109|-|192,575|230,073|
||||||||
|**_Total assets less current liabilities_**|B13|51,635|141,109|**-**|192,744|230,312|
||||||||
|**Creditors: amounts falling due**
**after oneyear(Note 20)**|B14|-
-|-
-|-
-|-|-
-|
|**Provisions for liabilities**|B15||||-||
||||||||
|**_Total net assets or liabilities_**|B16|51,635|141,109|-|192,744|230,312|
|**Funds of the Charity**|||||||
|**Endowment funds(Note 27)**|B17|-|||-|-|
|**Restricted income funds (Note 27)**|B18||141,109||141,109|197,790|
|**Unrestricted funds**|B19|51,635||-|51,635|32,522|
|**Revaluation reserve**|B20||||-||
|**_Total funds_**|B21|51,635|141,109|-|192,744|230,312|
||||||||
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## **Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
**----- Start of picture text -----**
Note 3 Analysis of income
Restricted
Unrestricte income Endowmen Prior year
d funds funds t funds Total funds (restated)
Analysis £ £
Donations Donations and gifts - 181,854 - 181,854 358,677
and Gift Aid 13,060 - - 13,060 21,229
- - - - -
legacies: Legacies
General grants provided by
- -
government/other charities 15,750 15,750 4,891
Membership subscriptions and
sponsorships which are in substance
donations 360 - - 360 360
Donated goods, facilities and services - - - - -
Other - - - - -
Total 29,170 181,854 - 211,024 385,158
Income from Interest income - - - - -
investments: Dividend income - - - - -
- - - - -
Rental and leasing income
Other (Loyalty reward) 61 - - 61 172
Total 61 - - 61 172
TOTAL INCOME 29,231 181,854 - 211,085 385,330
**----- End of picture text -----**
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## **Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
**----- Start of picture text -----**
Note 6 Analysis of expenditure
Restricted
Unrestricted income Endowmen Prior year
funds funds t funds Total funds (restated)
Analysis £ £
Expenditure on Incurred seeking donations 344 - - 344 219
- - - - -
raising funds: Incurred seeking legacies
Total expenditure on raising funds 344 - - 344 219
Expenditure on Accountancy fees 925 - - 925 850
charitable Advertising costs - - - 655
activities
Annual return 225 - - 225 150
Charitable donations
1,000 1,000 50
Charity clothes - 768
Charity event -
10,183
Consultancy fees - 275
Dubai office expenses - 400
Depreciation 70 70
Governance and adminstration costs
35 35 35
Grants Hope Welfare Foundation
237,535 237,535 259,415
Hospital & Kashmir Aid
- 850
IHC regulatory fee
4,121 4,121 4,548
Independent examination 525 525 450
Printing, postage & stationery 110 110 1,110
Promotions
450 450 12,000
Repairs and maintenance 90 90 -
Subscriptions - 292
Sundry 100 100
Telephone 664 664 922
Transportation costs - -
Travelling expenses
1,114 1,114 4,528
Visa application fee - -
Website 182 - - 182 195
Total expenditure on charitable 8,612 238,535 - 247,147 297,676
Other
- - - -
- -
Bank charges 1,163 1,163 1,755
- - - - -
- - - - -
- - - - -
Total other expenditure 1,163 - - 1,163 1,755
TOTAL EXPENDITURE 10,118 238,535 - 248,653 299,650
**----- End of picture text -----**
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## **Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
|**Note 10 Details of certain items of expenditure**|**Note 10 Details of certain items of expenditure**|**Note 10 Details of certain items of expenditure**|||
|---|---|---|---|---|
|**10.1 Fees for examination of the accounts**|||||
|**_Please provide details of the amount paid for any statutory external scrutiny of_**
**_accounts and other services provided by your independent examiner. If_**
**_nothing waspaidplease enter '0' in the appropriate box(es)._**|||||
||||**Thisyear**|**Lastyear**|
||||**£**|**£**|
|**Independent examiner’s fees**|||525|450|
|**Assurance services other than audit or independent examination**|||||
|**Tax advisory fees**|||||
|**Other fees (for example: financial advice, consultancy, accountancy services)**
**paid to the independent examiner**|||||
16
## **Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
**----- Start of picture text -----**
Note 14 Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
14.1 Cost or valuation
Freehold land Other land & Plant, Fixtures, Total
& buildings buildings machinery fittings and
and motor equipment
vehicles
£ £ £ £ £
At the beginning of - - - 239 239
the year
Additions - - - - -
Revaluations - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year - - - 239 239
14.2 Depreciation and impairments
**Basis SL or RB SL or RB SL or RB SL or RB SL or RB Straight Line
("SL") or
Reducing
Balance
("RB")
** Rate 25% RB
At beginning of the - - - - -
year
Disposals - - - - -
Depreciation - - - 70 70
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - 70 70
14.3 Net book value
Net book value at the - - - 239 239
beginning of the year
Net book value at the - - - 169 169
end of the year
**----- End of picture text -----**
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## **Hope Welfare Trust**
## **Income and Expenditure Accounts for the year ended 31[st] January 2024**
**----- Start of picture text -----**
Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
Amounts falling due Amounts falling due
within one year after more than one year
This year Last year This year Last year
£ £ £ £
Accruals for grants payable - - - -
Bank loans and overdrafts - - - -
Trade creditors - - - -
Payments received on account for contracts or
performance-related grants - - - -
Accruals and deferred income 3,125 1,450 - -
Taxation and social security - - - -
Other creditors - - - -
Total 3,125 1,450 - -
**----- End of picture text -----**
**----- Start of picture text -----**
Note 24 Cash at bank and in hand
This year Last year
£ £
Short term cash investments (less than 3 months maturity date) - -
Short term deposits - -
Cash at bank and on hand 195,700 231,523
Other - -
Total 195,700 231,523
**----- End of picture text -----**
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