## DH Foundation 

Charity No. 1172092 

Trustee's Report and Unaudited Accounts 

05 April 2022 



## **Legal and administrative information** 

|**Charity name**|**DH Foundation**|
|---|---|
|Registered address|DH Centre|
||31 Church Road|
||Manor Park|
||London|
||E12 6AD|
|Trustees|Mohamad Ullah (Chair)|
||Imran Nabi|
||Mohammed Mostak Ahmed|
||Homuyan Kamal|
||Abdul Rouf|
|Employees|Mohammed Imran|
||Mohammed Naeem Chowdhury|
|Bank|HSBC|
||Account Name: DH Foundation|
||Account Number: 62690977|
||Sort Code: 400244|
|Accountant|Grip Business Consultancy Ltd|
||101 Lockhurst Lane|
||Coventry|
||CV6 5SF|





## **DH Foundation Contents** 

||Pages|
|---|---|
|Report of the Trustees||
|l||
|Trustees' responsibilities statement||
|  |5 - 6|
|Statement of financial activities|7|
|Balance Sheet|8|
|Notes to account – Financial statement|9 - 11|
|Statement of Cash flow|12|
|Detailed Statement of Financial Activities|13 -14|
|Summary notes to the accounts|15 -17|





## **          ** 

## ** ** 

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## **Structure, governance and management** 

The Charity is a Trust formed by a constitution dated 16[th] of March 2017. Constitution was adopted in October 2017. The Trust registered with the Charity Commission as a charity on the same day. Trustees are legally responsible for the governance and management of the charity. Trustees are responsible of setting strategies and policies for ensuring these are implemented. 

Risk management 

The charity's trustees have considered the major risks to which the charity is exposed and have reviewed potential risks. Systems and procedures have been put in place to manage the risks and to mitigate any adverse outcomes. 

## **Objectives and activities** 

The governing scheme defines the charity's objects as being: 

- a) Promote sustainable development for the benefit of the public across the world by 

- b) The preservation, conservation and the protection of the environment and use of resources 

- c) The relief of poverty and the improvement of the conditions of life in socially and disadvantaged communities 

- d) The promotion of sustainable means of achieving economic growth, regeneration & sustainable development 

The trustees confirm that the aims and objectives of the charity fully meet with the public benefit test. 

In setting objectives and planning for activities, the trustees have given due consideration to general guidance published by the charity commission relating to public benefit, including the guidance 'public benefit: running a charity (pb2)' 

The Trustees have paid due regard to guidance issued by the charity commission in deciding what activities the charity should undertake. 

1 



## **Achievements and Performance** 

The charity using its network and contacts in Bangladesh and vets needy people and spends the money only when the trustees are satisfied on the use of funds. During the past periods the focus has been on to identify the need and the charity intends to spend the funds in the next period. 

|**Projects**|**£**|**Project delivered**|
|---|---|---|
|Food Programme|36200|Food parcels are given on a monthly basis<br>across the whole of Bangladesh|
|Ramadhan|12750|Food and nutrition packs are given in the<br>holymonth of Ramadhan|
|Education|69855|Various education programme is delivered<br>byteam andpartners|
|Shelter|49624|Renovation of existing shelter and brand<br>new tin shelters was delivered|
|Water for life|34800|Across Bangladesh, water pumps and deep<br>water pump were installed serving over<br>50,000people|
|Medical|35870|Various medical support and assistance.<br>Openingof our new medical GP service|
|Change for life|57028|Various projects including new shops,<br>rickshaw,shoptopup|
|EmergencyRelief|15240|Floodprojects were delivered|
|Winter Appeal|8727|Blankets and food packs were given in cold<br>months in Bangladesh|
|Masjids & Madrasah|21050|Renovation and rebuildingwere supported|
|Misc|15222|Various small projects were delivered e.g.<br>Eidgifts,clothing|



## **Financial review** 

                            

The policy is reviewed annually by the Board of Trustees. 

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. 

It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months 

2 



expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. 

Reserves Policy 

The Trust has minimal sufficient reserve to continue its activities for the foreseeable future. 

## **Plans for future periods** 

The charities goals and plans for the future will be to maintain current global endeavours and continue to build upon the current foundation. 

The ultimate goal is in identifying long term projects in order to provide sustained support to empower communities to become self-sufficient. 

3 



## **Trustees' responsibilities statement** 

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities 

This report was approved by the trustees on                              and signed on their behalf by: 


…………………………………… Imran Nabi Trustee 

4 




## **Independent examiner's report on the accounts** 

## **Section A                        Independent Examiner’s Report** 

**Report to the trustees/** Charity Name **DH Foundation members of** 

**On accounts for the year** 05/04/2022 **Charity no ended (if any) 1180650 Set out on pages 5 to 14** 

**5 to 14 pages** 

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 05/04/2022 

**Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

**Independent** [The charity’s gross income exceeded £25,000 and I am qualified to **examiner's statement** undertake the examination by being a qualified member of Chartered Institute of Management Accountants (CIMA) 

I have completed my examination.  I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: 

- the accounting records were not kept in accordance with section 130 of the Charities Act; or 

- the accounts did not accord with the accounting records; or 

- • the accounts did not comply with the applicable requirements concerning the form and content of 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. 

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. 

|**Signed:**<br>**Name:**<br>**Relevant professional**<br>**qualification(s) or body**|**Date:**||
|---|---|---|
|||11/01/2023|
||||
||Harisuthan Sharma Ganeswaran||
||||
||Chartered Institute of Management Accountants (CIMA)||



5 



## **(if any):** 

> **Address:** 101 Lockhurst Lane 

Coventry 

CV6 5SF 

## **Section B                           Disclosure** 

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 

**Give here brief details of any items that the** The charity has been advised to keep their records on an accounting package **examiner wishes to** to make the examination process in more reliable in the coming years. **disclose** . 

6 



DH Foundation Statement of Financial Activities 

## for the year ended 5 April 2022 

|for the year ended 5 April2022|||||
|---|---|---|---|---|
|Notes<br>Income and endowments<br>from:<br>Donationsandlegacies<br>3<br>Total<br>Expenditure on:<br>Raisingfunds<br>4<br>Charitableactivities<br>5<br>Other<br>6<br>Total<br>Netgainsoninvestments<br>Net(expenditure)/income<br>Transfersbetweenfunds<br>Net(expenditure)/income<br>before othergains/(losses)<br>Othergainsandlosses<br>Net movementinfunds<br>Reconciliation of funds:<br>Totalfundsbroughtforward<br>Totalfundscarriedforward||Unrestricted<br>funds|Totalfunds|Totalfunds|
|||2022|2022|2021|
|||£|£|£|
||||||
|||597,458|597,458|491,898|
|||597,458|597,458|491,898|
||||||
|||18,220|18,220|25,272|
|||569,564|569,564|444,268|
|||13,485|13,485|7,100|
|||601,269|601,269|476,640|
|||-|-|-|
|||(3,811)|(3,811)|15,258|
|||-|-|-|
|||(3,811)|(3,811)|15,258|
||||||
|||(3,811)|(3,811)|15,258|
||||||
|||23,988|23,988|8,730|
|||20,177|20,177|23,988|
||||||
||||||
||||||



7 



DH Foundation Balance Sheet 

## at 5 April 2022 

|Charity No.1172092<br>Current assets<br>Cashat bankandin hand<br>Netcurrent assets<br>Totalassets lesscurrentliabilities<br>Net assetsexcludingpension asset orliability<br>Totalnet assets<br>Thefundsofthecharity<br>Restrictedfunds<br>8<br>Unrestrictedfunds<br>8<br>Generalfunds<br>Reserves<br>8<br>Totalfunds<br>Approved by the trusteeson 05 April2022<br>Andsigned on their behalfby:|2022<br>£<br>20,177<br>20,177<br>20,177<br>20,177<br>20,177<br>20,177<br>20,177<br>20,177<br>20,177|2021<br>£<br>23,988|
|---|---|---|
|||23,988|
|||23,988<br>23,988|
|||23,988|
|||23,988|
|||23,988|
|||23,988|
|||23,988|
||||



Imran Nabi Trustee 05 April 2022 

8 



DH Foundation Notes to the Accounts 

## 2 Statement of Financial Activities - prior year 

|2<br>Statement ofFinancialActivities-prior year||||
|---|---|---|---|
|Income and endowmentsfrom:<br>Donationsandlegacies<br>Total<br>Expenditure on:<br>Raisingfunds<br>Charitableactivities<br>Other<br>Total<br>Netincome<br>Netincome before other<br>gains/(losses)<br>Othergainsandlosses:<br>Net movementinfunds<br>Reconciliation of funds:<br>Totalfundsbroughtforward<br>Totalfundscarriedforward<br>3<br>Incomefrom donationsandlegacies<br>4<br>Expenditure on raising funds<br>Fundraising tradingcosts|Unrestricted<br>£<br>597,458<br>597,458<br>Unrestricted<br>£<br>18,220<br>18,220|Unrestricted<br>funds<br>2021<br>£<br>491,898<br>491,898<br>25,272<br>444,268<br>7,100<br>476,640<br>15,258<br>15,258<br>15,258<br>8,730<br>23,988<br>Total<br>2022<br>£<br>597,458<br>597,458<br>Total<br>2022<br>£<br>18,220<br>18,220|Totalfunds<br>2021<br>£<br>491,898|
||||491,898<br>25,272<br>444,268<br>7,100|
||||476,640|
||||15,258|
||||15,258|
||||15,258<br>8,730|
||||23,988|
||||Total<br>2021<br>£<br>491,898|
||||491,898|
||||Total<br>2021<br>£<br>25,272|
||||25,272|



9 



DH Foundation Notes to the Accounts 

- 5 Expenditure on charitable activities 

|5<br>Expenditure oncharitable activities|||||
|---|---|---|---|---|
|Expenditureoncharitable<br>activities<br>Governancecosts<br>6<br>Other expenditure<br>Employeecosts<br>Premises costs<br>Generaladministrativecosts<br>Legaland professionalcosts<br>7<br>Staffcosts<br>No employee received emolumentsin excess <br>8<br>Movementinfunds<br>Restrictedfunds:<br>Unrestrictedfunds:<br>Generalfunds<br>Totalfunds<br>9<br>Analysisofnet assetsbetweenfunds<br>Netcurrentassets|of£60,000.<br>At 6 April<br>2021<br>23,988<br>23,988|Unrestricted<br>£<br>569,564<br>569,564<br>Unrestricted<br>£<br>1,903<br>4,210<br>872<br>6,500<br>13,485<br>Incoming<br>resources<br>(including<br>other<br>gains/losses<br>)<br>£<br>597,458<br>597,458|Total<br>2022<br>£<br>569,564<br>569,564<br>Total<br>2022<br>£<br>1,903<br>4,210<br>872<br>6,500<br>13,485<br>Resources<br>expended<br>£<br>(601,269)<br>(601,269)<br>Unrestricted<br>funds<br>£<br>20,177<br>20,177|Total<br>2021<br>£<br>444,268|
|||||444,268|
|||||Total<br>2021<br>£<br>-<br>6,400<br>-<br>700|
|||||7,100|
|||||At 5 April<br>2022<br>£<br>20,177|
|||||20,177|
|||||Total<br>£<br>20,177|
|||||20,177|



10 



DH Foundation Notes to the Accounts 

## 10 Reconciliation of net debt 

|Cashandcash equivalents<br>Net debt|At 6 April<br>2021<br>£|Cashflows<br>£|At 5 April<br>2022<br>£|
|---|---|---|---|
||23,988|(3,811)|20,177|
||23,988<br>23,988|(3,811)<br>(3,811)|20,177|
||||20,177|




11 



DH Foundation Statement of Cash flows 

for the year ended 5 April 2022 

|Cashflowsfrom operatingactivities<br>Net(expenditure)/income perStatement ofFinancialActivities<br>Netcash(usedin)/provided by operatingactivities<br>Netcashfrominvestingactivities<br>Netcashfromfinancingactivities<br>Net(decrease)/increaseincash andcash equivalents<br>Cash andcash equivalentsat the beginningofthe year<br>Cash andcash equivalentsat the end ofthe year|2022<br>£<br>(3,811)<br>(3,811)<br>-<br>-<br>(3,811)<br>23,988<br>20,177|2021<br>£<br>15,258|
|---|---|---|
|||15,258|
|||-|
||||
|||-|
||||
|||15,258|
|||8,730|
|||23,988|
||||
|Componentsofcash andcash equivalents|||
|Cashand bankbalances|20,177|23,988|
||||
||20,177|23,988|



12 



DH Foundation Detailed Statement of Financial Activities 

## for the year ended 5 April 2022 

|Income and endowmentsfrom:<br>Donationsandlegacies<br>Total income and endowments<br>Expenditure on:<br>Costsofother tradingactivities<br>Totalofexpenditure on raising<br>funds<br>Charitableactivities<br>Totalofexpenditure oncharitable<br>activities<br>Employeecosts<br>Stafftraining<br>Premises costs<br>Rent<br>Generaladministrativecosts,<br>includingdepreciationand<br>amortisation<br>Sundry expenses<br>Legaland professionalcosts<br>Solicitor'sfees<br>Totalofexpenditure ofothercosts<br>Totalexpenditure<br>Netgainsoninvestments<br>Net(expenditure)/income<br>Net(expenditure)/income before<br>othergains/(losses)<br>Other Gains|Unrestricted<br>funds<br>2022<br>£<br>597,458<br>597,458<br>597,458<br>18,220<br>18,220<br>18,220<br>569,564<br>569,564<br>569,564<br>1,903<br>1,903<br>4,210<br>4,210<br>872<br>872<br>6,500<br>6,500<br>13,485<br>601,269<br>-<br>(3,811)<br>(3,811)<br>-|Totalfunds<br>2022<br>£<br>597,458<br>597,458<br>597,458<br>18,220<br>18,220<br>18,220<br>569,564<br>569,564<br>569,564<br>1,903<br>1,903<br>4,210<br>4,210<br>872<br>872<br>6,500<br>6,500<br>13,485<br>601,269<br>-<br>(3,811)<br>(3,811)<br>-|Totalfunds<br>2021<br>£<br>491,898|
|---|---|---|---|
||||491,898|
||||491,898<br>25,272|
||||25,272|
||||25,272<br>444,268|
||||444,268|
||||444,268<br>-|
||||-|
||||6,400|
||||6,400|
||||-|
||||-|
||||700|
||||700|
|||||
||||7,100|
||||476,640<br>-|
||||15,258|
||||15,258<br>-|



13 



DH Foundation Detailed Statement of Financial Activities 

|Net movementinfunds<br>Reconciliation of funds:<br>Totalfundsbroughtforward<br>Totalfundscarriedforward|(3,811)<br>23,988<br>20,177|(3,811)<br>23,988<br>20,177|15,258|
|---|---|---|---|
||||8,730|
||||23,988|



14 



DH Foundation Notes to the Accounts 

for the year ended 5 April 2022 

- 1 Accounting policies 

## Basis of preparation 

The financial statements have been prepared in accordance with 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 if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. 

## 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 

15 



DH Foundation 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 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. 

## 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. 

## 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. 

16 



DH Foundation Notes to the Accounts 

## 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 charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity 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 charity in independently administered funds. 

## Receipt of donated goods, facilities and services 

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. 

17