REGISTERED CHARITY NUMBER: 1167512 Report ottheTrustees and Unaudited Financialstatements Forthe Year Ending 31" December 2024 LOVE40RPHANS INTERNATIONAL CHARITABLE TRUST Page11
LOVE40RPHANS INTERNATIONAL CHARITABLE TRUST Contents of the Finan¢lal Statements For the year endlng 31" December 2024 Page Front Cover Contents P8ge ReportoftheTrustees 3to4 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8t09 Detailed Statement of Financial Activities 10 Page12
LOVE40RPHANS INTERNATIONAL CHARrrABLE TRUST Report ol the Trustees forthe Year Endlng 31" De¢ember2024 The trustees present their report with the financial ststements for the Charity for the year ending 31•T December 2024. The trustees have adopled the prowsions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financlal Reporting StandaTd applicable in the UK and Republic of Ireland IFRS 1021 (effective 0111 january 20191. OBJECTIVES AND ACTivmES AIM Our aim is the prevention and relief ot poverty to create an environment where theycan lead a happyand healthy life. OBJECTNES The objects ofthe Charity are set out in the Charty'sTrust Deed and are summarised as foilows:_ Providing and assisting in the provision ot edu¢8tion. training and healthcare pfojectswhi¢h WÉU support the orphan8 and enable them to generate sustainable income èventually becoming ¥elf-sufficient. To relieve the poverty of wullg people enablingthem to partiCiF4te in healthy. educational and recreational activities that were othernmse unaffordable. STRATEGY Our strategyfor the achievement of these objects is to ideniify areas where emeoency or piiority help is required and then to start projects that will meet the needs of the orphans. We then fundraise for those projects and establish them on the ground with the help of vc4unleers. We assist and monitor the progress and delivery of the projects thereafter. USE OF VOLUNTEERS The trustees are developing a pool ot volunteers to assist with their work. The trustees are extremely grateful for the efforts ofthe volunteers and the publi¢ who support our appealsand have undertaken thefundrnisingwithin theif spare tim8 to help those less fortunate. Love40rphans are putting in place avolunteer policywith due diligence and codes of conduct. ACHIEVEMENT AND PERFORMANCE How our actlvltl•8 dollr publiG benofrt In line with its ovm objects, th8 Charity continues to provide serwceg and actiwties as summarised belcw. We help Ihose who afe affected through hardship to survive. and look to bètter their lives in challenging circumstances. RELIEFOFHARDSHIPACTivrriES During the year under review. the Charity has supported orphans and extremely poor tsmilies in the SWhet district of Bangladesh by providing food and clothing. Dufing the period under rewew, the Charity has also supported the purchase of Land in Mauritania to help with the development of an orphanage and schocA. FUTURE PLANS The Charity will look to continue raising funds. spending the monies fa¢sed to provide support and aid to the poorer families. widows and orphans in the Sylhet district of Bangladesh. srRUCTURE. GOVERNANCE AND MANAGEMENT Governing Documa Page13
LOVE40RPHANS INTERNATIONAL CHARITABLE TRUST FS constituted as a Charitable Trust registered with the Charity Commission on OP June 2016 under Charity Number 116752. It is governed by a constitulion adopted on 22rf May 2016. RECRUtrMEMT AND APPOINTMENT OF NEWTRUSTEES There are four trustees. The existing trustees are responsible for the recwitment of new trustees and wiu appoint additionaltrustees 8$ required. STRUCTURE, GOVERNANCE AND MANAGEMEKr Organlsational Structure ThetTUStees of the Charityare responsible forthe managementand ggneTalcontToEof thecharty. Thètrustees recerve no remuneration or financial benefrts and give theirtime freely. The trustees convene meetings on a regular basis and are responsible lor decisions takpn in relation8 to the day-to- dayrunningand ongoingactivities ofthe Chaiity. The Chaim)an is actilY involNd in the runningof projects supported bythe other trustees and volunteer& Induction and Tralnlng of NewTrust••s The trustees have established a process of induction and trainingforthe current and aryhrtufe trustees in accordance with it8 trust deed. REFERENCE AND ADMINisfRATIVE DETAILS Ret0¥ed Charlty numb•r 1167512 Prlnclpol Addrgu: 15 Tr8faig8T Park Newwaltham Grimsby North East nCOlnshIre DN36 4YP Trust•. Asomir A Abourawi SH Somir A Sofa Ind8p•nd¢nt Examiner. M LAnderson Limited 145 Grimsby Road Cleethorpes North East Lincolnshire DN357DG PRINCIPAL FUNDING SOURCES Alongside the main funding8ouTces which are donations from the public. also collect religious dues from within the Muslim community such as Zakat and Sadaqah. RESERVES POLICY The trustees have reviewed the reserves of the Charty- It isthe intention to urilise the funds it receives within a year of receiving them. proved by order ot the l)oafd ottwstees on and siened on rts behalt by. A Somir-Trustee Page14
INDEPENDENT EXAMINERS REPORTTOTHETRusfEESOF LOVE40RPHANS INTERNATIONAL CHARITABLE TRUSr I report to the charitytFU5tees on my examination of the accounts of Love40rphans International Charitable Trust (the Trust) for the year ending 31st December 2024. Responsibilities and basis of report As the charity trustees of the Trust, you are responsiblg ft)r the prgparation of the accounts in accordance with th8 requirements of the Charities Act 20111°theAct°l. I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 14515llb of the Act. Independent Examiners Statement I have compleled my examination. I confirm that no material matters have come to my attention in connection with the examination giving cause to believe that in any material respect: Accounting records were not kept in respect of the Trust as iequired by Section 130 of the Act The accounts do not reflect the records held The accounts do not complywith the applicable requirements concerning the form and Contenl of the accounts as set out in the Charities (Accounts and Reportsl Regulations 2008 other than any requirement that the account8 give a truo and f8ir view which is not a matter considered as part of an independent examination. Ihaven ncerns and have notcome across in connection with the ex8min8tion towhich attention need8 to be drawn enable a propef understanding of the accounts to be reached. ML Anderson Limited 145 Grimsby Road Cleethorpes North East Lincolnshire DN35 7DG DatO- Page15
LOVE40RPHANS INTERNAnoNAL CHARITABLE TRUST srATEMENTOF FINANCIAL AcnvmES For the year endtng 31" December 2024 31-12-24 Unrestrl¢tod Fund 31-12-23 Total Fund Income and Endowmentsfrom Donations and Legacies 136031 Expenditure on Other Net Income (Expenditure) (124) RECONCILIATION OF FUNDS Total Funds broughtforward Tot81 Funds carried forward (84) 379 184) Page16
LOVE40RPHANS INTERNATIONAL CHARITABLE TRUST BALANCE SHEEf as 0131" December 2024 31-12-24 Unrestrl¢ted Fund 31-12-23 Total Fund Notes CURRENT ASss Cash at Bank 451 60 CREDITORS Amounts falling duewithin oneyear {72) {144) NET CURRENT ASSETSIILIABILITIESI 379 184) TOTAL ASSETS LESS CURRENT LIABILITIES 379 184} NET ASSETSIILIABILITIES) 379 (84) FUNDS Unrestricted Funds 379 (84) TOTAL FUNDS 379 (84) The financial statements approved by the Board of Trustees and authorised foi issu9 on were signed on its behalf by.. zf and A Somir- Trustee Page17
LOVE40RPHANS INTERNATIONAL CHARITABLE TRUST NOTESTO THE FINANCIAL STATEMENTS For the year ending 31" December 2024 1) ACCOUNTING POLICIES Basis of proparingthe tinancial statoments The financial statements of the Charity, which is a public benefit entity under FRS102 have been piepared in accordance with the Chaiities SORP IFRS 1021"Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their account5 in accordanee with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffectiNe 1 january 20191". Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Chorltles Act 2011. The financial statements have been prepared under the historical cost convention. Income All incomo is recognised in thg Statement of Financial Activtties once the Charity has entitlement to the funds. it is probable that the income will be received. and the amount can be mèasLtied reliably. ExpeTrdlturo Liabilities are recogrFised as expenditure as soon as the is a legal or constructive obligation committing the Charity to that expenditure. il is probable that a transferof economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs ¢annot be directly aitributed to headings, they have been allocated to activities on 8 basis consistent with the use of resources. Taxation The Charity is exempt from tsx on its charitable 8Ctivitio¥. Fund ac¢ourtiTrg UnrestTlCted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for restricted purposes within the objects of the Charity. Restrictions arise when specified bythe donor or when funds are raised for restricted purposes. Further explanation of the nature and purpose of each fijnd is included in the notes to the financial statements. 2) TRUSTEES, REMUNERATIONAND BENEFrrs There were no trustees. rgmuneiation OT Other benefits foi the year ending 3111 December 2024 nor for the year ending 31"Decembei 2023. Trusteo$' Exp•nse¥ Theie were no tFUStees' expenses paid for the year ending 314t December 2024 nor for the year ending 3141 December 2023. 3) COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVIES Unreslricted Fund INCOME AND ENDOWMENTS FROM Donations and legacies 136031 EXPENDITURE ON Other 135568 NET INCOME/{EXPENDITUREI RECONCILIATION OF FUNDS Total funds brought forward 1841 Page18
Total funds carried forward 379 RELATED PARTY DISCLOSURES There were no related party tiansactions forthe year ending 31 December 2024. Page19
LOVE40RPHANS INTERNATIONAL CHARITABLE TRUST DEfAILED sfATEMENTOF FINANCIALAFFAIRS Forthe y¢arendlng31° December2024 31-12-24 31-12-23 INCOMEAND ENDOWMENTS Donations and legacies Donations 136031 4831 Total Incoming Resources EXPENDITURE Support costs Management Postage and Stationery 94 Governance costs Funds Distibuted to Charities 4717 Accountancy Bank charges Marketingand awareness 135012 192 50 230 144 Total resources expended 135568 4955 Net incomellexpenditure) 463 (124) Pagel 10