RegisteredCharityNo:1169466
## **FORGOTTEN WOMEN**
(A CHARITABLE INCORPORATED ORGANISATION)
## **TRUSTEES REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2022**
**FORGOTTEN WOMEN**
CHARITABLE INCORPORATED ORGANISATION
FOR THE YEAR ENDED 31 MARCH 2022
## **Contents of the Financial Statements**
|Report of the Trustees|1 to 4|
|---|---|
|Independent Examiner’s Report to the Trustees|5|
|Statement of Financial Activities|6|
|Statement of Financial Position|7|
|Notes to the Financial Statements|8 to 13|
|The following page do not form part of the financial statements||
|Detailed Statement of Financial Activities|14`|
**FORGOTTEN WOMEN** CHARITABLE INCORPORATED ORGANISATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
The charity is non-profit making and its trustees are volunteers.
The trustees present their report and the financial statements of the charity for the year ended 31 March 2022.
The trustees have adopted the provision of Accounting and Reporting by the charities: Statement of Recommended Practice applicable to charities preparing the1r accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019)
## **Reference and administrative Information**
Charities registered name: FORGOTTEN WOMEN
Charities registered number: 1169466
## **Charities Principal address:**
Xandwhy Building 20-30 Whitechapel Road London, E1 1EW
## **Trustees: At the date of this report following were the trustees of the Charity:**
Salauddin Ali Mandeep Kaur Bahia Gurpreet Kaur Bahia Humeera Amin Dar
**Bankers** : Barclays Bank plc Holborn 2 Leicestershire, LE87 2BB
Al Rayan Bank 97-99 Whitechapel Road London, E1 1DT
## **Independent Examiner & Accountant:**
Smartbiz Consultants Chartered Certified Accountants Stanley House, Kelvin Way Crawley, RH10 9SE West Sussex, UK
Page 1
**FORGOTTEN WOMEN** CHARITABLE INCORPORATED ORGANISATION
REPORT OF THE TRUSTEES – _Continued_ FOR THE YEAR ENDED 31 MARCH 2022
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **THE OBJECTIVES AND AIMS**
**- To support Women empowerment, emergency Aid, relief of poverty or financial hardship any part of the world with particular focus on women and girls.**
## **ACHIVEMENYS AND PERFORMANCE**
We were in the second year of Covid 19 Lockdown in the U.K. and were still operating on low number of staff with those filling the gap were volunteers. In this period, we were still relying on online fundraising which was quite successful given that we were not spending on physical events. However, most of the charities were trying to raise funds online, making it a competitive space the spending spend.
The primary donation target for the first quarter for the months April, May and June 2021 was Yemen, with funds being sent to them in March 2021 and June 2021 for 1,350 families – approximately 9,500 food distributions to women and children. During this quarter, food packs were also distributed in lesser amounts to women in Pakistan, Bangladesh and Syria.
Bangladesh saw toilets and wells being made during this period as well as food packs to those affected by the lockdown. In this period we also setup around 6 women in business and a recent audit made in October 2022 found them to be flourishing with a 100% success rate.
In the same period - in Sindh, 10 women were also setup in business with handover of livestock of 10 goats each, which to date are doing well with utilising produce from the animals and rearing & sale of livestock.
The next quarter of July, August and September 2021 saw small projects carried out in Pakistan and Bangladesh with building of water wells and toilets. Bangladesh saw the start of our Covid 19 vaccine centres in partnership with government of Bangladesh and WHO.
We setup 5 centres.
The 3[rd] quarter October, November and December 2021 saw building of Toilets and Malawi and Pakistan. Distribution of businesses to 10 women in Baluchistan of 10 goats each. Also, a food distribution was carried out in Yemen benefitting around 1700 women and children.
This period also saw toilets, wells construction with food distribution in Bangladesh to the poor.
The last quarter saw a field visit to Malawi in February 2022 by team and volunteers as Covid restrictions had lifted. A deep water well that commissioned by a donor was delivered with the donor present to oversee the work with the team. We built water wells and toilets in Bangladesh for donors who had requested these to be made in the country.
In March 2022, 4 containers (over 80k tons) of rice were purchased from Pakistan for Yemen with the funds collected by the Slough community. In addition to this a 40 ft container of food was also dispatched in December 2021 by the community for Yemen. Additional funds were also sent to Yemen to supplement the large quantity of rice with other food items.
Page 4
**FORGOTTEN WOMEN** CHARITABLE INCORPORATED ORGANISATION
REPORT OF THE TRUSTEES – _Continued_ FOR THE YEAR ENDED 31 MARCH 2022
In March 2022, £34,220 was sent to Al Khidmat foundation in Pakistan for joint aid delivery to the people of Afghanistan. This personally overseen by the team from the UK from Pakistan to Afghanistan.
The Covid 19 centres have vaccinated more than 110,000 people. Sadly, we cannot continue this work due to lack of support from the donors so the centres will have to be closed. The officials have requested that we initiate other vaccination programmes – which need to be considered.
In summary April 2021 to March 2022 was overall a good year with a concerted effort for Yemen, especially supported by the Slough community. Also, generally a good effort for Bangladesh throughout the year. Towards the end of the financial year, there was a new campaign launched for Afghanistan which continues to run till the present time.
Chair of Truste
Humeera Amin Dar
Page 5
CHARITABLE INCORPORATED ORGANISATION
## **FORGOTTEN WOMEN**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF FORGOTTEN WOMEN**
## FOR THE YEAR ENDED 31 MARCH 2022
I report to the trustees on my examination of the accounts of the charitable for the period from 1 April 2021 to 31 March 2022.
## **Responsibilities and basis of report**
As the charity’s trustees, who are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 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 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 examiners statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 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
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (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.
## _Noman Haseeb_
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
## Noman Haseeb FCCA
Smartbiz Consultants Certified Chartered Accountants Stanley House, Kelvin Way Crawley, RH10 9SE West Sussex, UK
28 December 2022
Page 5
CHARITABLE INCORPORATED ORGANISATION
## **FORGOTTEN WOMEN**
## **STATEMENT OF FINANCIAL ACTIVITIES**
FOR THE YEAR ENDED 31 MARCH 2022
|**Incoming Resources**
Voluntary Donations
Furlough grant
Grant
Gift Aid
2
**Less: Resources Expended**
Fund Raising Expenses
3
Charitable Activities – Projects
4
Charitable Activities - Support Services
5
Furlough salaries
6
Governance costs
7
**Total Income - Less Resources Expended**
**RECONCILIATION OF FUNDS**
**Total Funds Brought Forward**
**Total Funds Carried Forward**|**31-Mar-22**
**Unrestricted**
**Funds**
**£**
**354,288**
**14,560**
**-**
**77,393**
**446,242**
**8,048**
**191,656**
**55,251**
**14,560**
**7,532**
**277,048**
**169,194**
**93,502**
**262,696**|31-Mar-21
Unrestricted
Funds
£
296,086
21,755
10,000
-|
|---|---|---|
|||327,841
3,806
232,750
26,310
21,755
3,730|
|||288,351
39,489
54,013
93,502|
Page 6
CHARITABLE INCORPORATED ORGANISATION
## **FORGOTTEN WOMEN**
## **STATEMENT OF FINANCIAL POSITION**
AS AT 31 MARCH 2022
|**Note**
**Non-current assets**
Fixed assets
**Current assets**
Debtors
**8**
Cash at Bank and in Hand
Total Current Assets
**Current liabilities**
**Creditors and accrued liabilities**
**9**
**Total assets less current liabilities**
**Funds**
Unrestricted income funds
**Total Funds**
**10**|**31-Mar-22**
**£**
**1,650**
**1,650**
**121,049**
**146,280**
**267,329**
**(6,283)**
**262,696**
**262,696**
**262,696**|31-Mar-21
£
1,833|
|---|---|---|
|||1,833|
|||40,268
68,990|
|||109,258
(17,588)|
|||93,502|
|||93,502
93,502|
The financial statements were approved and authorised for issue by the Board on 28 December 2022 and signed on its behalf by:
## - - - - - - - - - - - - - - - - - Trustee
Humeera Amin Dar
Page 7
CHARITABLE INCORPORATED ORGANISATION
## **FORGOTTEN WOMEN**
## NOTES TO THE FINANACIAL STATEMENTS - _Continued_ FOR THE YEAR ENDED 31 MARCH 2022
## **1. ACCOUNTING POLICIES**
## **a) Basis of preparing the financial statements and assessment of going concern**
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 1 January 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and the Charities Act 2011.
The trust constitutes a public benefit entity as defined by FRS102.
## **b) Going concern**
The trustees consider that there are no material uncertainties about the Trust's ability to continue as a going concern and accordingly the accounts have been prepared on a going concern basis.
## **c) Funds**
The charities funds are split between restricted and unrestricted.
Unrestricted funds: All donations are considered unrestricted unless specifically stated by the donor. Unrestricted funds comprise the accumulated surplus or deficit on the statement of financial activities which are available for use at the discretion of the trustees in furtherance of the objectives of the charity.
Restricted funds: These are assigned by the donor, or the terms of the appeal, specified by a particular country or project. The donation and income deriving from them will be used in accordance with the specific purposes.
## **d) Incoming resources**
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to categories of income:
.
Voluntary income: This comprises all incoming resources from donations and income from fundraising partners on the basis of that which is remitted.
## **e) Resources expended**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure.
All expenditure is accounted for on an accruals basis and is recognised where there is a legal or constructive obligation to pay. Expenditure has been classified under headings that aggregate all costs related to that category.
Page 10
CHARITABLE INCORPORATED ORGANISATION
NOTES TO THE FINANACIAL STATEMENTS - _Continued_ FOR THE YEAR ENDED 31 MARCH 2022
## **FORGOTTEN WOMEN**
## **f) Costs of generating funds**
Costs of generating voluntary income: The costs incurred in seeking voluntary income / fundraising. The costs incurred in seeking voluntary donations.
## **g) Charitable activities**
These are costs associated with the provision of emergency relief and development humanitarian programmes. These include both the direct costs and support costs relating to these activities.
## **i) Taxation**
As a charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value added tax (VAT) is not recoverable by the company and is therefore included in the relevant costs in the statement of financial activities.
## **j) Creditors**
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.
## **k) Disclosure exemptions**
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:
(a) No cash flow statement has been presented for the company.
- (b) Disclosures in respect of financial instruments have not been presented.
## **l) Trustee remuneration and expenses**
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
## **m) Cash and Cash equivalents**
The charity only considers cash in hand as cash at bank which is immediately available as cash equivalents.
Page 11
CHARITABLE INCORPORATED ORGANISATION
## **FORGOTTEN WOMEN**
NOTES TO THE FINANACIAL STATEMENTS - _Continued_ FOR THE YEAR ENDED 31 MARCH 2022
## **UNTRESTRICTED FUNDS**
|**2. Income voluntary donations**
Voluntary Donation
Grants
Furlough grant
Gift Aid
**Total Incoming Resources**
**3. Costs of fund raising**
Event
IT Expenses
Marketing & Advertising
**4. Cost of charitable activity**
Direct costs - Projects
Support costs- Services
**Total**
**5. Support Costs: Services**
Salaries - furlough
**6. Support Costs: Services**
Salaries
Rent
Telephone
Stationary
Professional and Consultancy
Bank Charges|**31-Mar-22**
**£**
**354,288**
**-**
**14,560**
**77,393**
**446,242**
**31-Mar-22**
**£**
**6,956**
**236**
**856**
**8,048**
**31-Mar-22**
**£**
**191,656**
**55,251**
**246,908**
**31-Mar-22**
**£**
**14,560**
**14,560**
**31-Mar-22**
**£**
**41,332**
**12,119**
**672**
**123**
**883**
**122**
**55,251**|31-Mar-21
£
296,086
10,000
21,755
-|
|---|---|---|
|||327,841|
|||31-Mar-21
£
2,000
1,806
-|
|||3,806|
|||31-Mar-21
£
232,750
26,310|
|||259,060|
|||31-Mar-21
£
21,755|
|||21,755|
|||31-Mar-21
£
3,419
16,000
-
59
6,772
60
26,310|
Page 12
CHARITABLE INCORPORATED ORGANISATION
## **FORGOTTEN WOMEN**
## NOTES TO THE FINANACIAL STATEMENTS - _Continued_ FOR THE YEAR ENDED 31 MARCH 2022
|**7. Governance costs**
Independent Examiners’ fees
Accountancy fee
**8. Debtors**
Event Deposits
Gift Aid
**9. Creditors**
Loan
Accruals and Creditors|**31-Mar-22**
**£**
**-**
**7,532**
**7,532**
**31-Mar-22**
**£**
**-**
**1,650**
**1,650**
**31-Mar-22**
**£**
**4,000**
**2,283**
**6,283**|31-Mar-21
£
-
3,730|
|---|---|---|
|||3,730|
|||31-Mar-21
£
29,000
11,268|
|||40,268|
|||31-Mar-21
£
15,000
2,588
17,588|
|**10. Movement in funds**
Unrestricted Funds Balance B/Fwd
Unrestricted Funds -for the year|Balance at
01-Apr-20
Incoming
resources
Outgoing
resources
**Balance at**
**31-Mar-21**
93,502
-
-
**93,502**
-
446,242
(277,048)
**39,489**
93,502
446,242
(277,048)
**262,979**|
|---|---|
Page 13
## **FORGOTTEN WOMEN**
## CHARITABLE INCORPORATED ORGANISATION
DETAILED STATEMENTS OF THE FINANACIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
|**UNTRESTRICTED FUNDS**
**INCOMING RESOURCES**
Voluntary Donation
Grants
Furlough grant
Gift Aid
**Total Incoming Resources**
**EXPENDITURE**
**Fund Raising and Support Expenses**
Events
IT expenses
Marketing & advertising
**Charitable activities**
Cost of direct charitable activities
**Support Costs: Management**
Salaries
Salaries furlough
Rent
Telephone & internet
Stationary
Professional and consultancy fees
Bank Charges
**Governance costs**
Accountancy and Examiners’ fees
**Total Resources Expended**
**Total Income -Less Resources Expended**|**31-Mar-22**
**£**
**354,288**
**-**
**14,560**
**77,393**
**446,242**
**6,956**
**236**
**856**
**8,048**
**191,656**
**191,656**
**41,332**
**14,560**
**12,119**
**672**
**123**
**883**
**122**
**69,811**
**7,532**
**7,532**
**277,048**
**169,194**|31-Mar-21
£
296,086
10,000
21,755
-|
|---|---|---|
|||327,841|
||||
|||2,000
1,806
-|
|||3,806|
|||232,750|
|||232,750|
|||3,419
21,755
16,000
-
59
6,772
60|
|||48,065|
|||3,730|
|||3,730
265,881
81,960|
Page 12