ONE HOPE FOUNDATION ANNUAL REPORT
2023-2024
REGISTERED CHARITY NO: 1174617
1
CONTENTS
| Page | 3: | Report of the Trustees |
|---|---|---|
| Page | 4: | Review of the Activities |
| Page | 5: | Statement of the Trustee's Responsibility |
| Page | 6: | Independent Examiner’s Report |
| Page | 7 | Balance Sheet |
One Hope Foundation Vulcan House, Pendeford Business Park Wolverhampton WV9 5HA
Registered Charity No: 1174617
2
REPORT OF THE TRUSTEES
The Trustees present their report along with the financial statements of the charity for the year 2023 to 2024.
Principal Activity
One Hope Foundation is a charitable legal entity in the UK with the aim to relieve poverty, deprivation and distress throughout the world. The charities main focus is to relieve suffering within the UK and Pakistan by providing clean water, access to simple medical assistance and food.
In order to complete the charities aim, projects have been setup in Pakistan over the last year to provide clean water to poor people in rural areas and the furnishing of our hospital.. One Hope foundation has also set up eye camps to treat the elderly who are unable to see and sponsored cleft lip operations on children.
3
REVIEW OF THE ACTIVITIES
The Trust has an office in Wolverhampton which is predominantly used for meetings and presentations. Currently, the day to day management of the trust is undertaken by Mr Shazad Butt, Mr Adnan Rafiq and Ms Nafisa Qamar with the support and assistance from the volunteers.
The funds which are raised are spent on local projects within the midlands and Cambridgeshire and also international projects predominately in Pakistan. The year 2023 to 2024 involved the following projects;
1 Water Projects 2 Food packs in the UK and Pakistan 3 Ramadhan Food Parcels Distributions in the UK and Pakistan
4 Homeless feeds in Walsall and Cambridge
5 Palestine Food distribution and Water Projects
6 Refugee assistance 7 Orphan Relief 8. Furnishing of our Hospital
- Eye camps
FINANCIAL REPORT AND FUTURE ACTIVITIES
This was the seventh year for the charity and the financial results reflect the period between 01st April 2023 to 31st March 2024. The results for the year are set out on below. The trustees are satisfied with the financial position as at 31st March 2024. The statement of financial activities shows a surplus for the year.
Trustees
The trustees who serve during the period are as follows: 1 Shazad Butt (Trustee) 2 Adnan Rafiq (Trustee) 3 Nafisa Qamar (Trustee)
Signed on behalf of the trust Shazad butt
Shazad Butt (Trustee)
Date: 01/02/2025
4
STATEMENT OF TRUSTEES' RESPONSIBILITIES
Charity law requires the Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the charity at the year end and its incoming resources and resources expended during the year. In preparing those financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent,
-
state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements;
-
and 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 which 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 1993.
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.
Approved by the Trustees’ and signed on their behalf:
Shazad Butt (Trustee) Shazad Butt
Date:01/02/2025
5
FOR THE YEAR ENDED 31[ST] MARCH 2024
INDEPENDENT EXAMINER'S REPORT
We report on the accounts of One Hope Foundation for the year ended 31st March 2024 set out on pages 7.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The charity's trustees are responsible for the preparation of accounts and consider that an independent examination is required.
It is our responsibility to: - Examine the accounts under section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5) (b) of the 2011 Act); and — to state whether particular matters have come to our attention.
BASIS OF INDEPENDENT EXAMINER'S REPORT
Our examination was carried out in accordance with the General Direction given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
INDEPENDENT EXAMINER'S REPORT
In connection with our examination, no matter has come to our attention:
-
1) which gives us reasonable cause to believe that in any material respect the requirements
-
a) to keep accounting records in accordance with Section 130 of the 2011 Act; and
-
b) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been Met; or
-
2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Accountant: Faisal Al-Haque, Dashboard Accounting Solution.
Date: 01/02/25
6
Balance Sheet for the Year ended March 2024
One Hope Foundation provide 100% donation policy. No expenditure claimed from charity fund. Trusties cover all expenses from their own fund. Volunteers help to run charitable activities.
ONE HOPE FOUNDATION Profit And Loss Account For the year ended 31 March 2024
| Income DONATION 135,2 15 Expenses DONATION - 141,5 76 Net (loss)/proft |
2024 £ 47,40 7 135,2 15 - 39,76 0 - 141,5 76 - 6,361 - 6,361 2024 £ 7,647 2,572 3,858 |
2023 £ 47,40 7 - 39,76 0 |
|---|---|---|
| 7,647 | ||
| 7,647 2023 £ 10,21 |
||
| ONE HOPE FOUNDATION | ||
| Balance Sheet | ||
| As at 31 March 2024 | ||
| Bank accounts Current account 3,858 Deposit account 0 |
7
| Creditors ledger Net assets Benefciar ies Income account 9,655 Net (loss)/proft - 6,361 Total funds |
-564 3,294 £ 2,008 7,647 3,294 3,294 |
9 -564 |
|---|---|---|
| 9,655 £ |
||
| 9,655 | ||
| 9,655 |
8