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2023-06-30-accounts

Charity Registration No. 1174020

SAVE OUR WORLD TRUSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2023

SAVE OUR WORLD ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS

Page
Charity information 3
Trustees' report 4
Independent examiner's report 5
Income and expenditure 6
Statement of financial activities 7
Notes to the accounts 8
Detailed income and expenditure 10

SAVE OUR WORLD CHARITY INFORMATION FOR THE YEAR ENDED 30 JUNE 2023

Trustees Asif Yunus Bodi (Chair) Mohammad Yakub Bapu Mohammed Yahya Bhaiyat Charity Number 1174020 Registered Office Unit 1, Springfield Ind Estate Eastham St. Preston PR1 7JD Accountants Tarpon Limited Advantage Business Centre 132-134 Great Ancoats Street Manchester Greater Manchester M4 6DE

SAVE OUR WORLD (CHARITY NO: 1174020) TRUSTEES' REPORT

The trustees present their report and accounts for the period ended 30 June 2023. The Annual Report is fully SORP compliant and sets out how the trustees have met their obligations. The Financial Statement is fully SORP compliant and includes the incoming resources and resources expended.

Mission

The prevention or relief of poverty by providing or assisting in the provision of welfare, education, healthcare projects and all the necessary infrastructure to enable individuals to generate a sustainable income and be self-sufficient.

Objectives and activities

Save Our World is a community charity to meet the needs of those who have suffered from war or natural disasters with the aim of providing aid and assistance through donations raised by the charity. The charity’s objectives can be classified as follows:

Our beneficiary base comprises of Syrian refugees where the ever-increasing mass displacement of people is forcing people into extreme poverty and The Gambia where poverty levels of poverty, food insecurity and malnutrition have remained unchanged or have worsened in the last ten years. The Gambia’s poverty rate remains at 48 percent.

In setting our objectives each year, we consider the Charity Commission’s general guidance on public benefit.

Achievements and performance

Through the continued support from our local donor base, we continued to receive significant donations which allowed us to not only continue the support for eligible beneficiaries but increase the number of beneficiaries we have registered.

Whilst Syrian refugees and the projects in The Gambia continue to be main areas of focus, we were also able to expand our food and healthcare programmes to Pakistan which was severely impacted by the floods in 2022. With your generous donations we were able to provide aid and relief to the most poor and needy.

Locally, our ‘Container’ projects meant that we were able to send medical equipment, food items, shelters and blankets through generous donations.

Our strong relationships with our suppliers ensured that food aid continued throughout 202 2 and 202 3 with no impediments. Our status as a charity meant that rates were much more favorable as well.

The charity continues to forge bonds with local organizations to ensure that distribution can reach areas that would not normally be accessible without local knowledge. It is also fostering existing relationships to ensure the reputation of Save Our World is enhanced.

Structure, governance and management

The Charity is regulated by constitution dated February 2017. The Charity is run wholly on a voluntarily basis.

Appointment of charity trustees

Every trustee must be appointed by a resolution past at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to skills, knowledge and experience needed for the effective administration of the CIO.

Financial review and reserves policy

Funds available are sufficient to permit the Trust to continue in operation in the medium to long term, together with the continued support from the donors.

Our aim is to distribute funds as soon as possible in line with the objectives of the charity. There are no uncertainties about the charity continuing as a going concern.

The Trustees actively review all major risks which the Charity faces and drawn up a risk assessment which is reviewed at every meeting. The Trustees are satisfied that all systems are in place and arrangement have been made to manage any risks identified. The Trustees would like to thank all those who assisted us with their moral and financial support and trust they continue to do so.

Signed on behalf of the board of trustees

............................................................................

Mohammed Yahya Bhaiyat

Trustee

Approved by the board on: 17 April 2024

SAVE OUR WORLD INDEPENDENT EXAMINER'S REPORT

Accountants' report to the board of directors of SAVE OUR WORLD on the preparation of the unaudited statutory accounts for the period ended 30 June 2023.

In order to assist you to fulfi l l your duties under the Charities Act , we have prepared for your approval the accounts of SAVE OUR WORLD for the period ended 30 June 2023 as set out on pages 6 - 10 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Trustees of SAVE OUR WORLD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SAVE OUR WORLD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SAVE OUR WORLD and its Board of Trustees as a body for our work or for this report.

It is your duty to ensure that SAVE OUR WORLD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SAVE OUR WORLD. You consider that SAVE OUR WORLD is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of SAVE OUR WORLD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Tarpon Limited

Advantage Business Centre 132-134 Great Ancoats Street Manchester Greater Manchester M4 6DE

17 April 2024

SAVE OUR WORLD INCOME AND EXPENDITURE FOR THE YEAR ENDED 30 JUNE 2023

Donations received
Charitable activities
Net income
Total net income
Other adjustments
Closing net income for the year		 2023
£
1,117,770
(1,052,102)
65,668
65,668
-
65,668		 2022
£
1,322,918
(1,249,310)
73,608
73,608
-
73,608

SAVE OUR WORLD STATEMENT OF FINANCIAL ACTIVITIES AS AT 30 JUNE 2023

Notes
Current assets
Cash at bank and in hand
Creditors: amounts falling due within one year
4
Net current assets
Net assets
Funds of the charity
Unrestricted funds
Total funds		 2023
£
493,920
(39,970)
453,950
453,950
453,950
453,950		 2022
£
425,306
(37,024)
388,282
388,282
388,282
388,282

The financial statements were approved by the Board of Trustees and authorised for issue on 17 April 2024 and were signed on its behalf by

Mohammed Yahya Bhaiyat Trustee

Charity No. 1174020

SAVE OUR WORLD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2023

1 Statutory information

SAVE OUR WORLD is a registered Charity with the number 1174020. The registered office is Unit 1, Springfield Industrial Estate, Eastham St. Preston, Lancashire, PR1 7JD .

2 Compliance with accounting standards

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.

3 Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Basis of preparation

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), published by the Charity Commission in England & Wales (CCEW), effective January 2016, and in accordance with all applicable law.

The charity is a public benefit entity.

Presentation currency

The accounts are presented in £ sterling.

Income

Income from charitable activities and voluntary donations are included in full in the Statement of Financial Activities when received. The value of services provided by volunteers has not been included, similary the value of donated goods have not been included in the income.

Expenditure

Expenditure is included in the accounts on an accruals basis.

Unrestricted funds

Unrestricted funds are donations and other incoming resources receivable or generated for the charity without further specified purpose and are available as general funds.

Restricted funds

Restricted funds are funds subject to specific trusts, which may be declared by the donor(s) or with their authority (e.g. in a public appeal) or created through legal process, but still within the wider objects of the charity. Restricted funds may be restricted income funds, which are spent at the discretion of the trustees in furtherance of some particular aspect(s) of the objects of the charity, or they may be endowment funds, where the assets are required to be invested, or retained for actual use, rather than spent.

4 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 39,470 36,524
Accruals 500 500
39,970 37,024

SAVE OUR WORLD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2023

5 Average number of employees

During the year the average number of employees was 0 (2022: 0).

SAVE OUR WORLD DETAILED INCOME AND EXPENDITURE FOR THE YEAR ENDED 30 JUNE 2023

Income
Donations
Charitable activities
Welfare, medical and food expenditure
Insurance
Admin expenses
Accountancy fees
Net income
Total net incoming resources		 2023
£
1,117,770
1,047,347
-
4,255
500
1,052,102
65,668
65,668		 2022
£
1,322,918
1,246,210
1,600
1,000
500
1,249,310
73,608
73,608