COMPANY REGISTRATION NUMBER: 10585742 CHARITY REGISTRATION NUMBER: 1174175
The Who is Hussain Foundation Unaudited Financial Statements 31 December 2021
SAMARA & CO
Chartered accountant 511 Kenton Lane Harrow Middlesex HA3 JW
The Who is Hussain Foundation
Company Limited by Guarantee
Financial Statements
Year ended 31 December 2021
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Report to the board of trustees on the preparation of the | |
| unaudited statutory financial statements | 10 |
| Statement of financial activities (including income and | |
| expenditure account) | 11 |
| Balance Sheet | 12 |
| Notes to the financial statements | 13 |
The Who is Hussain Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 December 2021
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 December 2021.
Objects, Objectives and Activities
Summary of the objects set in the governing document are as follows:
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The prevention or relief of poverty anywhere in the world by providing: items and services to individuals in need and / or charities, or other organisations working to prevent or relieve poverty
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The relief of sickness and the preservation of health of people anywhere in the world by providing or assisting in the provision of equipment, facilities or services
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The advancement and promotion of education anywhere in the world in such ways as the Trustees think fit
The organisation carries out these purposes through a variety of activities including water provision, providing people with food donations, providing the homeless with food parcels, encouraging and facilitating blood donations and providing essential items to refugee camps.
Additionally, the organisation also advances education by informing and educating people about the life of Hussain ibn Ali. Hussain ibn Ali is an important historical figure and his principles of generosity, compassion, education and care are what the organisation is founded upon.
Structure, governance, and management
The charity is governed by its constitution as adopted on 26th January 2017. The Trustees meet on a regular basis and together oversee the management of the organisation, assisted by department heads who operate on a volunteer basis. The Trustees and volunteers typically meet at monthly intervals, meet regularly with the Chief Executive Officer and Chief of Operations, attend webinars and regularly keep abreast of the information and news on the Charity Commission website to remain updated at all times.
The Trustees operate a selection and induction policy and the appointment of new Trustees is agreed by all incumbent Trustees.
During the last quarter of 2020, a Chief Executive Officer (Mr M Rai) and Chief of Operations was appointed to lead on the strategy and operational matters of the entire organisation.
For more information, please visit www.whoishussain.org
Conflicts of Interest
Trustees and volunteers are expected to conduct the business of the charity with integrity at all times. All trustees and volunteers must declare any interests that may constitute a conflict. Clear policies and agreements are in place where such conflicts may arise.
Achievements and Performance
In order to meet the objectives, the Trustees together with staff and volunteers launched several campaigns, and carried out and oversaw a range of activities in 2021.
Performance is measured in two distinct areas:
- Quantum and quality of activity and unit output: This includes measuring the level of activity by our volunteers alongside quantifying their impact on the basis of blood units donated, homeless people fed and lives saved, for instance.
1
The Who is Hussain Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 December 2021
- Website & Social media reach: This tracks the effectiveness of our education and awareness efforts by measuring website and social media traffic (hits, reach and engagement)
The highlights of these activities are as follows:
The tumultuous events of the previous year made way for an opportunity to restore much needed hope. At Who is Hussain we did just that - this report explores the undeniable impact our trams made within their local communities to rebuild, revive and recover hope.
The breadth of activity is extensive, to detail the impact of each and every Who is Hussain team would be far too lengthy. Below is a mere snapshot of the activities taking place across all continents our teams are present in.
• Mbeya, Tanzania (Africa)
Working closely with underprivileged communities, the team in Mbeya have been providing hot meals, food boxes and other grocery supplies to help families put food on the table.
Recognising the need for medical help the Mbeya team organised two medically focused events, combining free medical screening and blood drives. People benefited from free medical screening of diseases such as Hepatitis, Malaria, venereal diseases and tests for diabetes, hypertension and other non-infectious diseases. For those who could, they donated blood, and the team managed to collect over 65 units - enough to save over 200 lives . The impact these events have on the local population is immeasurable.
• Beirut, Lebanon (Asia)
With the economy in recession, Who is Hussain Lebanon continued to provide assistance wherever they could - whether that was through grocery boxes, hot meals or financial assistance - they were always looking out for their neighbours whom they could help. Their ultimate goal was to serve. The 10 days of kindness campaign aimed to do just that.
Dedicating each day to a particular act of kindness, the team meticulously organised 10 events in 10 days . Amongst these acts over 1,000 masks were distributed to protect against the ongoing coronavirus, food and essential items were given to impoverished families, and refreshments were given to sanitation workers. More notably, however, were the other acts that the team undertook - with the decline in the economy, the population is increasingly suffering financially. The team supported small businesses and street vendors by purchasing their goods and distributing them to underprivileged families and the public, in addition to paying off loans and debts that
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The Who is Hussain Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 December 2021
they had taken to start or grow their businesses. Overall, the team managed to positively impact the lives of over 2400 individuals .
• Chicago, USA (North America)
The team have become well-known across the city for their backpack drive, collecting and distributing back-toschool supplies for children from underprivileged families, to provide them with a good start to the new school year. Launched in 2016, with a mere 350 backpacks, the team reached phenomenal success this year with 1,200 backpacks which were packed and distributed to children in local schools. This event, as it has in previous years, garnered significant media coverage from ABC, CBS WGN, FOX and UNIVISION - a Spanish language channel, expanding the reach amongst the spanish-speaking residents of Chicago.
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• Buenos Aires, Argentina (South America)
A relatively new team, set up just over a year ago, volunteers in Buenos Aires did not hesitate to start serving communities in need, organising ten events this year. Since the onset of the global pandemic, and the increased vulnerability of local impoverished communities, the team have distributed food and essential items to over 100 families in need, provided more than 90 gallons of clean drinking water to the most poverty-stricken province in Argentina and spread environmental awareness through handing out plants to the general public.
• Sydney, Australia (Oceania)
With the Afghan crisis escalating over the summer millions of Afghans fled their homes to find safety. Thousands of refugees arrived in Australia, without much of their possessions, leaving families in desperate need of basic necessities, especially for their children. The Who is Hussain team in Sydney, who have struggled to organise events due to the pandemic and the heavy restrictions in place, managed to safely organise a donation drive for Afghan refugee families.
A total of 40 refugee families with young babies and children were supported through this drive, owing to the generosity of the donors galvanising quickly to ensure these families were not left unsupported.
• Paris, France (Europe)
The #SpeakOut campaign encouraged individuals to speak out against social justice issues affecting populations globally. The team in France bravely took the #SpeakOut campaign to a greater level, especially given the political climate of the country. They dedicated an entire day - the day of Arbaeen - 40 days after the day of Ashura, to share the timeless message that Hussain sought to spread - that of humanity, compassion and solidarity. Thirty volunteers toured the capital city to engage with the public and stimulate thought-provoking conversations. With more than 300 water bottles being distributed to passers-by , this initiated discussions around the shortage of clean water around the world.
3
The Who is Hussain Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 December 2021
Campaigns:
• #GIVE
The successful #GIVE campaign which has been running for five years now aims to provide lifesaving heart surgery and treatment for impoverished children. To date almost two dozen children have been given a new lease of life through surgeries and treatment, with many more still in need. This year, we chose to be more ambitious. Setting a hopeful target of £60,000 we not only met it, but surpassed it . This was in no doubt due to a significant number of eager and motivated crowdfunders and fundraisers who desired to do their part.
This year’s campaign gave rise to our first group of marathon runners . 22 individuals from a northwest London community group, Stanmore Jafferys, signed up to participate in the London Landmarks Half Marathon (LLHM). Many of the participants had never run long distances before. This became a sponsored event for the campaign, and as word spread rapidly about the impact these funds could have on the lives of impoverished children in Iraq, the donations came rolling in!
As a result, the runners raised over £55,000, and, along with other direct donations, the total amount raised was just over a phenomenal £80,000 . This will indeed have an incredible impact on the lives of so many children and bring hope to their families.
• #Speakout
This social media campaign, entitled #SpeakOut, invited people to speak out against the issues affecting communities worldwide . Issues entrenched in much injustice, inequality and oppression, are - more often than not - the issues that are often subverted and not addressed in the media. With the objective of amplifying the voices of those who are oppressed, without speaking over them or for them, this campaign highlighted a wide range of issues.
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The Who is Hussain Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 December 2021
From racism and inequality to climate change and plastic pollution , our social media posts highlighted these issues and suggested ways in which the public could use their voice - be it vocal or virtual - to speak out.
As with all their events throughout the year, during this campaign, teams continued to provide hope and ease the suffering of those affected by global issues. Through their acts of kindness, through their remembrance of those who are suffering, through extending a helping hand to the vulnerable, our teams hope to inspire the wider public to serve humanity.
Projects & Appeals:
• Kinshasa, Congo Orphanage
Earlier this year, on their visit to the orphanage, the Kinshasa team discovered that over 50 orphans had no permanent home despite being under the care of the local orphanage . They were made to stay in unfit and often unsanitary conditions, in shelters, churches and neighbours’ houses. The team decided they could not just stand by and do nothing.
Almost immediately, the team started to research local available properties which could be adapted to suit the needs of these wonderful children. A place that could be their home and cater to all their needs. After months of persistent searching and viewing properties, and a rigorous fundraising campaign, the team secured the perfect place.
What followed were renovations to ensure the property was upto a high standard, including drilling a borehole and the installation of a water tank for a sufficient and clean water supply, so that it would provide the children with shelter, food, education and care that they deserved. Five months after the initial visit to the orphans, the property was ready. Excitement filled the air as the new home was revealed to the children.
• Bangalore, India - Oxygen Crisis appeal
When the second wave of the coronavirus hit India in March of this year, the results were devastating. With 34 million positive cases, and half a million deaths, resources were stretched. Like many countries around the world, hospitals were overwhelmed, bedspace was sparse, but India, in particular, had an alarming shortage of oxygen machines.
With the aim of procuring a few ventilators initially, the Who is Hussain India team partnered with the Who is Hussain Central Team to launch an international emergency online appeal. Setting a target of £16,500 this was astonishingly crowdfunded within 24 hours. The generosity of donors from around the world helped to raise over £20,000 which enabled the team to obtain over 50 machines .
Setting up the ‘Give Hope Oxygen Bank’, the Bangalore team ensured this would be easily and readily accessible to whoever needed it. A system was put in place whereby anyone who needed medical assistance through oxygen could get it 24/7, at no extra cost. The Bangalore team were on call through a 24/7 helpline, assisted by specialist doctors, and employed a rickshaw driver to deliver these machines to patients in their homes. Logistics
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The Who is Hussain Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 December 2021
were set up extremely efficiently by the team, filling a gap left by the local system, supporting and ultimately providing over 100 people with medical help they so desperately needed .
Investment policy
Surplus funds are held as cash in the charity’s main bank account.
Reserves Policy
The organisation operates a reserves policy that consists of 3 months of forthcoming annual budget expenditure.
To safeguard the need for sufficient funds to cover on-going management, administration and support costs, as well as to respond to emergency appeals, the Board aims to maintain unrestricted, free, reserves (i.e. general reserves less any tangible fixed assets) at a level that equates to 3 months of forthcoming annual budget expenditure. This amounts to £50,000.
As at the year end date, free reserves of the charity amounted to £214,366. Therefore, the Board is happy with this position.
6
The Who is Hussain Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 December 2021
Risk Management
The Trustees recognise that effective risk management is essential in achieving the Charity’s objectives. Risk management is considered an integral element of all decision making and identifying appropriate procedures to ensure that risk levels are acceptable in each case. The Trustees believe that it is important to develop and enhance the approach in risk management, to ensure it remains fit for purpose. The Charity identifies the risks related to the organisation and have procedures in place to mitigate the risks and are reviewed on a regular basis.
The Charity identifies the following as the main risks as a threat to its operations:
Loss of high level income from donors
Loss of key staff
Data security
Volunteer management
The steps that we have put in place to mitigate these risks include:
Sustainable financial income such as monthly donations via standing orders and hosting regular fundraising events
Employee support, employee benefits, Return to work support, Regular opportunities and training development, Health and Well-being
Trainings on GDPR, Formulation and adherence to GDPR procedures and protocols, Data Protection Manager
Memorandum of Agreement, Secure online portal for volunteers resources and guidelines, regular volunteer support
Financial review
The results of the Charity's activities are shown on pages 11-20. Overall income amounted to £250,143 in 2021 (£2020: £264,018) with expenses of £215,922 (£2020: £175,291), yielding a net surplus of £34,221, which has been carried forward to 2022. Total Reserves carried forward is £247,774.
Plans for future periods
In addition to the objectives outlined above, the Charity has additional objectives over the forthcoming 12-month period:
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Commence script writing and commissioning of a video on the life and legacy of Hussain ibn Ali
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Organise and execute a European representative training conference for our teams based internationally
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● Continue to serve the needy, the homeless and the impoverished
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Launch an innovative ‘Action Kit’ representing a key information source on individuals can engage in promoting key social justice campaigns in their local communities.
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Continue training teams around the world - Europe conference
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Establish and develop a relief arm for the organisation in order to streamline relief efforts of our global teams
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The Who is Hussain Foundation
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 December 2021
- Continue with the website redevelopment to reflect the growth of the organisation in all directions, and in line with valuable feedback received from our target audiences
Trustees Responsibilities
The Trustees, who are also directors of The Who Is Hussain Foundation for the purpose of company law, are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the charitable company and of the outgoing resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently
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Observe the methods and principles in the Charities SORP
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Make judgements and estimates that are reasonable and prudent
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State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Appreciation
The Charity is blessed with a team of representatives that are committed to serving and perpetuating the noble legacy of Hussain ibn Ali with passion and utmost sincerity. This organisation would not be where it is today without them. To our advisors, donors and well-wishers, we extend a very heartfelt vote of thanks for their everpresent guidance and support.
The trustees' annual report and the strategic report were approved on 23[rd] September 2022 and signed on behalf of the board of trustees by:
Mr M Gokal Trustee
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The Who is Hussain Foundation
Company Limited by Guarantee
Report to the Board of Trustees on the Preparation of the Unaudited Statutory Financial Statements of The Who is Hussain Foundation
Year ended 31 December 2021
Reference and administrative details Registered charity name The Who is Hussain Foundation Charity registration number 1174175 Company registration 10585742 number Principal office and Islamic Centre registered office Wood Lane Stanmore Harrow HA7 4LQ Registered office Unit 102, Metroline House 118-122 College Road Harrow Middlesex HA1 1BQ The Trustees Mr M Gokal Mr M K Khaki Mr M Ramzanali Accountant Samara & Co Chartered accountant 511 Kenton Lane Harrow Middlesex HA3 JW
9
The Who is Hussain Foundation
Company Limited by Guarantee
Report to the Board of Trustees on the Preparation of the Unaudited Statutory Financial Statements of The Who is Hussain Foundation
Year ended 31 December 2021
I report to the trustees on my examination of the financial statements of The Who is Hussain Foundation ('the charity') for the year ended 31 December 2021.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company 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 the 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 confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of 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 financial statements 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.
Independent Examiner
511 Kenton Lane Harrow Middlesex HA3 JW
10
The Who is Hussain Foundation
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 December 2021
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations | 5 | 147,899 | 102,244 | 250,143 | 264,018 |
| ---------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Total income | 147,899 | 102,244 | 250,143 | 264,018 | |
| ============================ | ============================ | ================================ | ================================ | ||
| Expenditure | |||||
| Expenditure on charitable activities | 6,7 | 132,820 | 83,102 | 215,922 | 175,291 |
| ---------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Total expenditure | 132,820 | 83,102 | 215,922 | 175,291 | |
| ============================ | ============================ | ================================ | ================================ | ||
| ---------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Net income/(expenditure) and net | |||||
| movement in funds | 15,079 | 19,142 | 34,221 | 88,727 | |
| ============================ | ============================ | ================================ | ================================ | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 199,287 | 14,266 | 213,553 | 124,827 | |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Total funds carried forward | 214,366 | 33,408 | 247,774 | 213,554 | |
| ================================ | ============================ | ================================ | ================================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 13 to 20 form part of these financial statements.
11
The Who is Hussain Foundation
Company Limited by Guarantee
Balance Sheet
31 December 2021
| 2021 | 2020 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 11 | 2 | 4,378 |
| Current assets | |||
| Debtors | 12 | 5,814 | 11,475 |
| Cash at bank and in hand | 322,278 | 200,537 | |
| -------------------------------- | -------------------------------- | ||
| 328,092 | 212,012 | ||
| Creditors: amounts falling due within one year | 13 | (80,320) | (2,836) |
| -------------------------------- | -------------------------------- | ||
| Net current assets | 247,772 | 209,176 | |
| -------------------------------- | -------------------------------- | ||
| Total assets less current liabilities | 247,774 | 213,554 | |
| -------------------------------- | -------------------------------- | ||
| Net assets | 247,774 | 213,554 | |
| ================================ | ================================ | ||
| Funds of the charity | |||
| Restricted funds | 33,408 | 14,267 | |
| Unrestricted funds | 214,366 | 199,287 | |
| -------------------------------- | -------------------------------- | ||
| Total charity funds | 15 | 247,774 | 213,554 |
| ================================ | ================================ |
For the year ending 31 December 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 23[rd] September 2022 and are signed on behalf of the board by:
Mr M Gokal Trustee
The notes on pages 13 to 20 form part of these financial statements.
12
The Who is Hussain Foundation
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 December 2021
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Unit 102 Metroline House, 118-122 College Road, Harrow HA1 1BQ.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue as a going concern for a period of 12 months following the date of the Balance Sheet signed on.
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.
Judgements and key sources of estimation uncertainty
The following judgements (apart from those involving estimates) have been made in the process of applying the above accounting policies that have had the most significant effect on the amounts recognised in the financial statements: Depreciation rates for tangible assets and the basis of Support cost allocation
13
The Who is Hussain Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2021
3. Accounting policies (continued)
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal.
Incoming resources
All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
14
The Who is Hussain Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2021
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment - 33% straight line
Financial instruments
The Charity does not have a material holding in complex financial instruments. The Charity only holds basic Financial Instruments. The financial assets and financial liabilities of the Charity are as follows:
Debtors - trade and other debtors (including accrued income) are basic financial instruments and are debt instruments measured at amortised cost as detailed in Note 14. Prepayments are not financial instruments.
Cash at bank - is classified as a basic financial instrument and is measured at face value.
Liabilities - trade creditors, accruals and other creditors will be classified as financial instruments, and are measured at amortised cost as detailed in Note 13. Taxation and social security are not included in the financial instruments disclosure. Deferred income is not deemed to be a financial liability, as in the cash settlement has already taken place and there is simply an obligation to deliver charitable services rather than cash or another financial instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
15
The Who is Hussain Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2021
4. Limited by guarantee
The liability of Members is limited. Every Member promises, if the Charity is dissolved while he/she remains a Member or within one year after he/she ceases to be a member, to pay up to £1 towards:
" payment of those debts and liabilities of the Charity incurred before he/she ceased to be a Member; " payment of the costs, charges and expenses of winding up; and" the adjustment of rights of contributors among themselves.
5. Donations
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 147,899 | 102,244 | 250,143 |
| ============================ | ============================ | ================================ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2020 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 138,848 | 125,170 | 264,018 |
| ============================ | ============================ | ================================ | |
| Expenditure on charitable activities by fund type | |||
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Charitable Activity | 31,142 | 78,297 | 109,439 |
| Support costs | 101,678 | 4,805 | 106,483 |
| ---------------------------- | ---------------------------- | -------------------------------- | |
| 132,820 | 83,102 | 215,922 | |
| ============================ | ============================ | ================================ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2020 | |
| £ | £ | £ | |
| Charitable Activity | 21,639 | 92,572 | 114,211 |
| Support costs | 53,970 | 7,110 | 61,080 |
| ---------------------------- | ---------------------------- | -------------------------------- | |
| 75,609 | 99,682 | 175,291 | |
| ============================ | ============================ | ================================ |
6. Expenditure on charitable activities by fund type
16
The Who is Hussain Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2021
| 7. | Support Costs | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| £ | £ | £ | ||
| Wages & Salaries | 85,674 | – | 85,674 | |
| Pension Costs | 1,850 | – | 1,850 | |
| Insurance | 945 | – | 945 | |
| Motor & Travel | - | – | - | |
| Accountancy fees | 1,560 | – | 1,560 | |
| Professional costs | 2,592 | – | 2,592 | |
| Other finance costs | 5,537 | 473 | 6,010 | |
| Advertising & marketing | 2,549 | – | 2,549 | |
| IT Costs | 892 | – | 892 | |
| Depreciation | 44 | 4332 | 4,376 | |
| Other misc expenses | 35 | – | 35 | |
| ---------------------------- | ---------------------------- | -------------------------------- | ||
| 101,678 | 4,805 | 106,483 | ||
| ============================ | ============================ | ================================ | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2020 | ||
| £ | £ | £ | ||
| Wages & Salaries | 42,185 | – | 42,185 | |
| Pension Costs | 842 | – | 842 | |
| Insurance | 620 | – | 620 | |
| Motor & Travel | 1,813 | – | 1,813 | |
| Accountancy fees | 1,560 | – | 1,560 | |
| Professional costs | 1,222 | – | 1,222 | |
| Other office costs | – | – | – | |
| Other finance costs | 3,852 | 368 | 4,220 | |
| Advertising & marketing | 651 | 2,408 | 3,059 | |
| IT Costs | 1,083 | – | 1,083 | |
| Depreciation | 60 | 4,334 | 4,394 | |
| Other misc expenses | 82 | – | 82 | |
| Subscription | – | – | – | |
| ---------------------------- | ---------------------------- | -------------------------------- | ||
| 53,970 | 7,110 | 61,080 | ||
| ============================ | ============================ | ================================ | ||
| 8. | Net income/(expenditure) | |||
| Net income/(expenditure) is stated after | charging/(crediting): | |||
| 2021 | 2020 | |||
| £ | £ | |||
| Depreciation of tangible fixed assets | 4,376 | 4,394 | ||
| ======================= | ============== |
17
The Who is Hussain Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2021
9. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Wages and salaries and social security costs | 85,674 | 42,185 |
| Employer contributions to pension plans | 1,850 | 842 |
| ---------------------------- | ---------------------------- | |
| 87,524 | 43,027 | |
| ============================ | ============== |
The average head count of employees during the year was 3 (2020: 2). The average number of full-time equivalent employees during the year is analysed as follows:
| 2021 | 2020 | |
|---|---|---|
| No. | No. | |
| Number of staff | 3 | 2 |
| ============== | ============== |
No employee received employee benefits of more than £60,000 during the year (2020: Nil).
10. Trustee remuneration and expenses
No Trustees were remunerated and/or had expenses incurred on their behalf or re-imbursed to them (2020 – Nil)
11. Tangible fixed assets
| Motor | |||
|---|---|---|---|
| vehicles | Equipment | Total | |
| £ | £ | £ | |
| Cost | |||
| At 1 January 2021 | 13,000 | 180 | 13,180 |
| ---------------------------- | -------------- | ---------------------------- | |
| At 31 December 2021 | 13,000 | 180 | 13,180 |
| ============================ | ============== | ============================ | |
| Depreciation | |||
| At 1 January 2021 | 8,667 | 135 | 8,802 |
| Charge for the year | 4,332 | 44 | 4,376 |
| ---------------------------- | -------------- | ---------------------------- | |
| At 31 December 2021 | 12,999 | 179 | 13,178 |
| ============================ | ============== | ============================ | |
| Carrying amount | |||
| At 31 December 2021 | 1 | 1 | 2 |
| ============================ | ============== | ============================ | |
| At 31 December 2020 | 4,333 | 45 | 4,378 |
| ============================ | ============== | ============================ |
18
The Who is Hussain Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2021
| 12. | Debtors | ||
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| Trade debtors | - | 105 | |
| Prepayments and accrued income | 1,033 | 1,048 | |
| Other debtors | 4,781 | 10,322 | |
| ---------------------------- | ---------------------------- | ||
| 5,814 | 11,475 | ||
| ============================ | ============================ | ||
| 13. | Creditors: amounts falling due within one year | ||
| 2021 | 2020 | ||
| £ | £ | ||
| Trade creditors | 520 | 494 | |
| Accruals and deferred income | 77,728 | 1,985 | |
| Social security and other taxes | 2,072 | 357 | |
| Other creditors | - | - | |
| ---------------------------- | ---------------------------- | ||
| 80,320 | 2,836 | ||
| ============================ | ============================ |
Included in Social security and other taxes is employers pension creditor of £nil (2020 – £333).
14. Pensions and other post-retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1,850 (2020: £842).
19
The Who is Hussain Foundation
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 December 2021
15. Analysis of charitable funds Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 January | 20 | 31 Decembe | |||
| 21 | Income | Expenditure | r 2021 | ||
| £ | £ | £ | £ | ||
| General funds | 199,287 | 147,899 | (132,820) | 214,366 |
|
| ================================ | ============================ | ============================ | ================================ | ||
| Restricted funds | |||||
| At | At | ||||
| 1 January | 20 | 31 Decembe | |||
| 21 | Income | Expenditure | r 2021 | ||
| £ | £ | £ | £ | ||
| Restricted Fund | 14,266 | 102,244 | (83,102) | 33,408 |
|
| ============================ | ============================ | ============================ | ============================ | ||
| Unrestricted funds | |||||
| At | At | ||||
| 1 January | 20 | 31 December | |||
| 20 | Income | Expenditure | 2020 | ||
| £ | £ | £ | £ | ||
| General funds | 136,048 | 138,848 | (75,609) | 199,287 |
|
| ================================ | ============================ | ============================ | ================================ | ||
| Restricted funds | |||||
| At | At | ||||
| 1 January | 20 | 31 December | |||
| 20 | Income | Expenditure | 2020 | ||
| £ | £ | £ | £ | ||
| Restricted Fund | (11,221) | 125,170 | (99,682) | 14,267 |
|
| ============================ | ============================ | ============================ | ============================ |
Restricted funds and the balance of restricted funds at the year-end consists of funds for Webinar, Covid Support and Muharram campaign.
16. Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Tangible Fixed Assets | 1 | 1 | 2 |
| Current Assets | 218,577 | 109,515 | 328,092 |
| Current Liabilities | (4,212) | (76,108) | (80,320) |
| ============================ | ============================ | ============================ | |
| 214,366 | 33,408 | 247,774 | |
| ============================ | ============================ | ============================ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2020 | |
| £ | £ | £ | |
| Tangible Fixed Assets | 45 | 4,333 | 4,378 |
| Current Assets | 201,868 | 10,144 | 212,012 |
| Current Liabilities | (2,626) | (210) | (2,836) |
| ============================ | ============================ | ============================ | |
| 199,287 | 14,267 | 213,554 | |
| ============================ | ============================ | ============================ |
20