REGISTERED CHARITY NUMBER: 1165811
Report of the Trustees and
for Hand of Mercy
Unaudited Financial Statements for the Year Ended 31 December 2020
Hand of Mercy
Contents of the Financial Statements for the Year Ended 31 December 2020
| Page | |
|---|---|
| Operating and Financial Review | 1 |
| Report of the Trustees | 2 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 8 |
| Detailed Statement of Financial Activities | 9 |
Hand of Mercy
Operating and Financial Review for the Year Ended 31 December 2020
The financial year review may be summarized as follows: Total Income £4,510 Total Disbursements £5,030 Total Deficit £ -520
The details of income are mainly online donations of £4,510.00, as stated in the accounts and cash income from charity boxes, £200. There was one donation payment of £5,000.
Page 1
Hand of Mercy
Report of the Trustees
for the Year Ended 31 December 2020
The trustees present their report with the financial statements of the charity for the year ended 31 December 2020 . The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1165811
Principal address
15 Prince Charles Close Southwick West Sussex BN42 4PQ
Trustees
Mr H Abadeer – Chairman Mr E Abadeer - Treasurer Mrs M George - Secretary Mr M Abaeer Mr M Mano Mr R Abadi
Independent examiner
J Botham FCCA, FAIA
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the charity as it is stated in its governing document are:
a- The prevention or relief of poverty anywhere in the world by providing or assisting in the provision of education, training, health care projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.
b- The relief of those in need, by reason of youth, age, ill-health, disability, financial hardship or other disadvantage.
c- To act as resource for young people by providing advice and assistance and organizing programmes of physical, educational and other activities as a means of advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals.
Page 2
Hand of Mercy
for the Year Ended 31 December 2020
Report of the Trustees
OBJECTIVES AND ACTIVITIES
Significant activities
In this yea the charity, carried out efforts were made to:
- i. Continue to introduce the charity with its constitutional objects to the community, and open its member ship for individuals.
ii. The Trustees of the 1st year continued as board of directors for the charity, and resumed their assigned responsibilities.
iii. Arrange for charitable activity in line with the Hand of Mercy objectives, and giving regard to the Charity Commission's guidance on public benefit.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The performance and the achievement during this year may be summarised as follows:
-
i. Managing to the board activities with the up mentioned Trustees.
-
ii. Agree about regular monthly meeting for the board of Trustees
iii. Re-assign trustees for the different responsibilities.
iv. Collecting the revenue of the Charity boxes allocated in shops and newsagents as part of the fundraising activities, and deposits it into the Bank Account. Amounted £200 (Two Hundred Pounds).
-
v. Receiving £4,310 ( Four thousand and Three Hundred and Ten Sterling Pounds) as donation by bank Transfer.
-
vi. Donation £5,000 (Five Thousand Sterling Pounds) to H.G. Bishop Anba Eliaa for charitable activities with payment charge of £30
vii. Homeless people in Brighton area were served with food several times, the food were prepared by the families of the Charity's members and distributed by Trustees and other volunteers.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.............................................
H Abadeer - Trustee
Page 3
Independent Examiner's Report to the Trustees of Hand of Mercy
I report on the accounts for the year ended 31 December 2020 set out on pages five to eight
. Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
It is my responsibility to:
-
examine the accounts under Section 145 of the 2011 Act
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
-
to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
-
to keep accounting records in accordance with Section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
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.
Josh Botham
J Botham FCCA, FAIA
Date: 4 October 2021
Page 4
Hand of Mercy
| Hand of Mercy | ||||
|---|---|---|---|---|
| Statement of Financial Activities | ||||
| for the Year Ended 31 December | ||||
| 2020 | ||||
| Year Ended | Year ended | |||
| 31.12.20 | 31.12.19 | |||
| Unrestricted | Total |
|||
| fund | funds |
|||
| Notes | £ | £ | ||
| INCOMING RESOURCES | ||||
| Incoming resources from generated | ||||
| funds | ||||
| Voluntary income | 4,510 | 1,550 | ||
| RESOURCES EXPENDED | ||||
| Costs of generating funds | ||||
| Costs of generating voluntary income | - | - | ||
| Charitable activities | ||||
| General Fund | 5,030 | - | ||
| Total resources expended | - | - | ||
| NET INCOMING/(OUTGOING) | ||||
| RESOURCES | - 520 | 1,550 | ||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 6,485 | 4,935 |
||
| TOTAL FUNDS CARRIED FORWARD | 5,965 | 6,485 |
The notes form part of these financial statements
Page 5
Hand of Mercy
Balance Sheet
At 31 December 2020
| Balance Sheet At 31 December 2020 |
|||
|---|---|---|---|
| 31.12.20 | 31.12.19 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 5,965 | 6,485 | |
| NET CURRENT ASSETS | 5,965 | 6,485 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 5,965 | 6,485 | |
| NET ASSETS | 5,965 | 6,485 | |
| FUNDS | 3 | ||
| Unrestricted funds | 5,965 | 6,485 | |
| TOTAL FUNDS | 5,965 | 6,485 |
The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by:
............................................. H Abadeer -Trustee
The notes form part of these financial statements
Page 6
Hand of Mercy
Notes to the Financial Statements for the Year Ended 31 December 2020
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the period ended 31 December 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the period ended 31 December 2019.
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Hand of Mercy
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
3. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | ||||
| movement | ||||
| At 1.1.19 | in | funds | At 31.12.20 | |
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 6,485 | -520 | 5,965 | |
| TOTAL FUNDS | 6,485 | -520 | 5,965 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 4,510 | 5,030 | -520 | |
| TOTAL FUNDS | 4,510 |
5,030 | -520 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | ||||
| in | funds | At 31.12.20 | ||
| £ | £ | |||
| Unrestricted Funds | ||||
| General fund | -520 | 5,965 | ||
| TOTAL FUNDS | -520 | 5,965 | ||
| Comparative net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 4,510 | 5,030 | -520 | |
| TOTAL FUNDS | 4,510 |
5,030 | 5,965 |
Page 8
Hand of Mercy
Detailed Statement of Financial Activities for the Year Ended 31 December 2020
| Year Ended | Year Ended | Year | Ended | |
|---|---|---|---|---|
| 31.12.20 | 31.12.19 | |||
| £ | £ | |||
| INCOMING RESOURCES | ||||
| Voluntary income | ||||
| Gifts | - | - | ||
| Donations | 4,510 | 1,550 | ||
| 4,510 | 1,550 | |||
| Total incoming resources | 4,510 | 1,550 | ||
| RESOURCES EXPENDED | ||||
| Costs of generating voluntary income | ||||
| Other Costs | - | - | ||
| Charitable activities | ||||
| Grants to institutions | 5,000 | - | ||
| Support costs | ||||
| Finance | ||||
| Bank charges | 30 | - | ||
| Other | ||||
| Rates and water | - | - | ||
| Postage and stationery | - | - | ||
| - | - | |||
| Total resources expended | 5,030 | - | ||
| Net (expenditure)/income | - | 520 | 1,550 |
This page does not form part of the statutory financial statements
Page 9