CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0110212021 Period end date Period start date To 3110112022 Charity name: REAL HOPE Charlty regtstration number: 1167635 Objectives and Activities SOi<P ieleien¢o Para t 17 Summary ofthe purposes of the charity as sel out in ils governing documenl THE RELIEF OF POVERTY, RELIEF OF SICKNESS AND THE ADVANCEMENT OF EDUCATION IN AFGHANISTAN WITH A FOCUS ON THE NEEDS OF CHILDREN, THOSE WIDOWED AND OTHERS IN NECESSITOUS CIRCUMSTANCES. HELPING ORPHANS AND WIDOWS FINANCIALLY IN AFGHANISTAN ON MONTHLY BASIS Summary of the main activities In relation to those purposes for the public benefit, in particular. Ihe aclivities. projects or services identified in the accounts. I statement confirming whether the Iruslees have i had regard lo the guidance issued by Ihe Charity Commission on public benefit Pgr• 1.17 and P•rs 1 18 THE TRUSTEES HAVE HAD REGARD TO THE GUIDANCE ISSUED BY CHARITY COMMISSION ON PUBLIC BENEFIT. Addltlonal information loptionall You may. choose to include further $talements where relevant about.. SORP reference Pai8 1.38 I Policy on grant making Para l.JB Policy on social investment including program related i inveslment Pala 1.38 Contribution made by volunteers
Other Achievements and Perfomiance SORP fefefen¢e THE CHARITY HAS ASSISTED FINANCIALLY A NUMBER OF FAMILIES IN AFGHANISTAN THAT FACE POVERTY AND HARDSHIP AND THE CHARITY IS COMMirrED TO CONTINUE THIS ASSISTANCE. Summary ofthe main achievements of the charity, identifying the differen the charity's work has made to the circumstances of its benefioaries and any wider benefits to society as a whole. Para l.zo Additional infomiation loptionall You ma choose to include further statements where relevant about.. Achievements againsl objectives set Para 1.41 Performance of fundraising activilies againsl objectives set Pora 1 41 Investment performance against objectives Paia 141 l Other
Financial Review Review of the charity's financial position al the end oftheperiod Stalemenl explaining the policy for holding resee$ slating why they are held P818 1.21 PJr• 122 RESERVES ARE HELD IN THE CHARITY BANK ACCOUNT UNTIL IT IS REQUIRED TO BE USED FOR CHARITABLE ACTIVITIES. Amount of reserves held Reasons for holding zero reserves Del8ils of fund materially in deficil Explanation of any uncertainties about the charity continuing as a going concern Para 1.22 Pbra 122 Para 1.24 Para 1.23 Addittonal infonnation {optSonall You maj_choose lo include further statements where relevant about.. The chanly's prinapal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social inveslmenl policy adopted PJrD 1 46 A description of the principal l risks facing the charity P818 1.46 Other
Structure, Governance and Management Description of charity's Irusls.. Type of goveming document (Irusl deed, royal charter) How is the charity constituted? le.g unincorporated association, CIO) Trustee selection methods including details of any conslitulional provisions e.g. election to post or name of any person or body entitled lo appoint one or more trustees P*a125 CONSTITUTION Pw8 1.25 CHARITABLE INCORPORATED ORGANISATION Paia 1.25 ELECTED BY Additional inforniation {optionall You may choose to include further slatemenls where relevant about.. Policies and procedures adopted for the induction and training of trustees Paia 1.51 The charity's organisational slructure and any wider nehvork with which the charity works P•r4 151 Relationship with any related Parties Pafa 1.51 Other Reference and Administrative details Charity name Other name the charity uses Reglstered chanty_number Charity's pnncipal address REAL HOPE 1167635
Names of the charity trustees who rnanage the charity Datts acted if not forwhole ar TNstse name offi Ilf any) Name ol p•rson lor body) entitlèd toa oint trustee ifan NAWAB KARIMY WHOLE YEAR SULEIMAN HALIM WHOLE YEAR YUNES KARIMY OLE YEAR 10 12 13 14 15 16 17 18 19 20 CorJ)orale trustees- names of the directors at the dale the re Director name rtwasa roved Name of Iruslees holding title to property belonging to the charity Trustee name Dales act•d if not lorwhole
Funds held as custodian trustees on behalf of others Descnplion of the assèts held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects Delails of arrangements for safe custody and segregation of such assets from the charity s own assets Additional inforniation (optional) Names and addresses of advisers {Optional inforniation) Type of Name Address adviser Name of chlef executive or names of senior staff members (Optional infomiatlon) Exemptions from disclosure Reason for non-disclosure of key.personnel details Other o tional information
Declarations The trustees declare that they have approved the trustses. report above. Signed on behalf of the charity's trustees Signaturels) Full namelsl Position leg Secretary, Chair. etc) NAWAB KARIMY Date
Real Hope
Charity No. 1167635
Company No. CE007511
Trustees' Report and Unaudited Accounts
31 January 2022
Real Hope Contents
Pages - Trustees' Annual Report - Independent Examiner's Report
Page 1
Real Hope Trustees Annual Report
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 January 2022.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. CE007511
Charity No. 1167635
Registered Office
Ground Floor 143-145 Broadway West Ealing London W13 9BE
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
Nawab Karimy Suleiman Halim Yunes Karimy
Accountants
Navab and Co. Accountants Ground Floor 143-145 Broadway West Ealing London W13 9BE
The Trustees are responsible for keeping proper accounting records that 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 Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
Nawab Karimy Trustee 19 May 2022
Page 2
Real Hope Independent Examiners Report
Independent Examiner's Report to the trustees of Real Hope
I report to the charity trustees on my examination of the accounts of Real Hope for the year ended 31 January 2022 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.
Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
-
accounting records were not kept in accordance with section 386 of the 2006 Act ; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the Charities SORP (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Kaifulwara Jawaid ACCA Navab and Co. Accountants Ground Floor 143-145 Broadway West Ealing London W13 9BE 19 May 2022
Page 3
Real Hope Statement of Financial Activities
for the year ended 31 January 2022
| Notes Income and endowments from: Donations and legacies 3 Total Expenditure on: Charitable activities 4 Other 5 Total Net gains on investments Net income Transfers between funds Net income before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2022 £ 9,670 |
Total funds 2022 £ 9,670 |
|---|---|---|
| 9,670 4,494 432 |
9,670 4,494 432 |
|
| 4,926 - |
4,926 - |
|
| 4,744 - |
4,744 - |
|
| 4,744 | 4,744 | |
| 4,744 3,541 |
4,744 3,541 |
|
| 8,285 | 8,285 |
Page 4
Real Hope Summary Income and Expenditure Account for the year ended 31 January 2022
| Income Gross income for the year Expenditure Total expenditure for the year Net income before tax for the year Net income for the year |
2022 £ 9,670 |
|---|---|
| 9,670 | |
| 4,926 | |
| 4,926 | |
| 4,744 | |
| 4,744 |
Page 5
Real Hope Balance Sheet
at 31 January 2022
| at 31 January 2022 | |
|---|---|
| Company No. CE007511 Notes 2022 £ Current assets Cash at bank and in hand 8,285 8,285 Net current assets 8,285 Total assets less current liabilities 8,285 Net assets excluding pension asset or liability 8,285 Total net assets 8,285 The funds of the charity Restricted funds 7 Unrestricted funds 7 General funds 8,285 8,285 Reserves 7 Total funds 8,285 |
£ - |
| - | |
| - - |
|
| - | |
| - | |
| 3,541 | |
| 3,541 | |
| 3,541 |
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 January 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 19 May 2022
And signed on its behalf by:
Nawab Karimy Trustee 19 May 2022
Page 6
Real Hope Notes to the Accounts
for the year ended 31 January 2022
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 7
Real Hope Notes to the Accounts
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
-
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
Intangible fixed assets and amortisation
Intangible fixed assets (including purchased goodwill, patents and trademarks) are carried at cost less accumulated amortisation and impairment losses.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Page 8
Real Hope Notes to the Accounts
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
Page 9
Real Hope Notes to the Accounts
3 Income from donations and legacies
| 4 Expenditure on charitable activities Expenditure on charitable activities Governance costs 5 Other expenditure General administrative costs 6 Staff costs No employee received emoluments in excess 7 Movement in funds Restricted funds: Unrestricted funds: General funds Revaluation Reserves: Total funds |
of £60,000. At 1 February 2021 3,541 3,541 |
Unrestricted £ 9,670 9,670 Unrestricted £ 4,494 4,494 Unrestricted £ 432 432 Incoming resources (including other gains/losses ) £ 9,670 9,670 |
Total 2022 £ 9,670 9,670 Total 2022 £ 4,494 4,494 Total 2022 £ 432 432 Resources expended £ (4,926) (4,926) |
At 31 January 2022 £ 8,285 |
|---|---|---|---|---|
| 8,285 |
Page 10
Real Hope Notes to the Accounts
8 Analysis of net assets between funds
| 8 Analysis of net assets between funds |
||||
|---|---|---|---|---|
| Net current assets 9 Reconciliation of net debt Cash and cash equivalents Net debt |
At 1 February 2021 £ |
Cash flows £ |
Unrestricted funds £ 8,285 8,285 New HP/Finance leases £ |
Total £ 8,285 |
| 8,285 | ||||
| At 31 January 2022 £ |
||||
| - | 8,285 | 8,285 | ||
| - - |
8,285 8,285 |
- - |
8,285 | |
| 8,285 |
10 Related party disclosures Controlling party
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 11
Real Hope Detailed Statement of Financial Activities
for the year ended 31 January 2022
| Income and endowments from: Donations and legacies Total income and endowments Expenditure on: Charitable activities Total of expenditure on charitable activities General administrative costs, including depreciation and amortisation Merchant service Software, IT support and related costs Total of expenditure of other costs Total expenditure Net gains on investments Net income Net income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
3,541 8,285 |
- - |
Unrestricted funds 2022 £ 9,670 9,670 9,670 4,494 4,494 4,494 269 163 432 432 4,926 - 4,744 4,744 - 4,744 - - |
Total funds 2022 £ 9,670 9,670 9,670 4,494 4,494 4,494 269 163 432 432 4,926 - 4,744 4,744 - 4,744 3,541 8,285 |
- |
|---|---|---|---|---|---|
| - |
Page 12