## **CHARITY REGISTERED NUMBER: 1175300 ENGLAND AND WALES** ## **SHARE AND CARE AID** **REPORTS OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 JULY 2021** 1 ## **SHARE AND CARE AID (ICCF) CONTENTS OF FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 JULY 2021** ||PAGE| |---|---| |CHARITY INFORMATION|2| |TRUSTEES REPORT|3| |STATEMENT OF TRUSTEES RESPOSIBILTIES|4| |INDEPENDENT EXAMINERS REPORT|5| |STATEMENT OF FINANCIAL ACTIVITIES|6| |BALANCE SHEET|7| |NOTES TO THE ACCOUNT|8, 9| 2 ## **SHARE AND CARE AID CHARITY INFORMATION FOR THE PERIOD ENDED 31 JULY 2021** TRUSTEES: MR. ABDUL MALIK AL-MOHSIN (CHAIRPERSON) MRS SHAYMA YASROBI MD SHAHED HOSSAIN (SECRETARY) MR KHALED ALI (TREASURER) MR ABU SHUEB REGISTERED OFFICE 52 MELDON ROAD MANCHESTER M13 0TR UNITED KINGDOM CENTRE ADDRESS 52 MELDON ROAD MANCHESTER M13 0TR UNITED KINGDOM CHARITY NUMBER 1175300 ACCOUNTANTS THE TAXCOM ACCOUNTANTS CHARTERED CERTIFIED ACCOUNTANTS 109 CHEETHAM HILL ROAD MANCHESTER M8 8PY BANKERS BARCLAYS 3 **SHARE AND CARE AID REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 JULY 2021** The trustees present their report for the period ended 31 July 2021. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The charity was formed on 30[rd] June 2017 by the trustees and registered with the charity Commission on 23[rd] October 2017. The Trustees have assessed the major risks to which charity is exposed, in particular those relating to the operations and finances of the charity, and believe effective insurance, checks, controls and procedures are in place to mitigate those risks. The Trustees meet regularly to attend legal and administrative affairs of the Charity, to review and set policy and to establish long term strategies for the charity. The trustees hold the powers of appointing and removing trustees. ## **OBJECTIVES AND ACTIVITIES** The Charity’s objects are: - To relieve poverty and sickness of poor people in Bangladesh. - To respond to devastating natural disasters occurring around the world for disaster affected people. - To provide foods for the poor people in the month of Ramadan especially in Sylhet, Bangladesh. ## **ACHIEVEMENTS AND PERFORMANCE** The trustees have paid due care to guidance issued by the Charity Commission’s general guidance regarding public benefit and are satisfied that the charity’s objectives and principal activities are for the public benefit. The charity plans to devise, execute and expand the activities outlined above in the forthcoming years. ## **Financial Review** The main funding sources for the charity are charitable donations from the public. The charity’s aim is to disburse all the funds raised in future for the benefit of the recipients. ## **Future Plan:** The Charity's future plan is to relieve poverty and sickness of people of disadvantaged Bangladeshi areas by funding projects jointly with local Bangladeshi and international charities such as Human Relief Foundation and Global Aid Trust Limited. We will approach general public to encourage them to provide financial assistance in medical treatment of poor people of Bangladesh. We will raise donations to provide food to the victims of natural disasters around the world. We will provide food to the poor people in Bangladesh during the month of Ramadan. 4 **SHARE AND CARE AID STATEMENT OF TRUSTEES RESPOSIBILTIES FOR THE PERIOD ENDED 31 JULY 2021** ## **Financial Review** The charity raised total funds of £826.40 during this period and total outflow was of £725.00. ## **Future Plan:** The Charity's future primary plan is to grow the scale of charity’s activities. ## **RESPONSIBILITIES OF TRUSTEES** The Trustee are required 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 its surplus and deficit for that period, In preparing those accounts, the Trustees are required to: - Select suitable accounting policies and then apply them consistently; - Make judgments 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 this basis applies. The Trustees are responsible for ensuring proper accounting records are maintained which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees may, in respect of any accounting year, elect under s133 charities Act 2011 to prepare – (a) a receipts and payments account, and (b) a statement of assets and liabilities, instead of a statement of accounts under section 132 (1) Charities Act 2011 if gross income in any financial year does not exceed £250,000. The Trustees have confirmed that an independent examination is required under section 145 Charities Act 2011. ## **DECLARATION** The Trustees declare that they have approved the Trustees’ report above. .............................................. Signed: Mr. Abdul Malik Al-Mohsin Chairperson & Trustee Date: 10 September 2021 5 ## **SHARE AND CARE AID INDEPENDENT EXAMINER REPORT TO THE TRUSTEES FOR THE PERIOD ENDED 31 JULY 2021** I report on the accounts of the charity for the period ended 31 July 2021 which are set out on pages 7 to 10. ## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** The charity’s Trustees are responsible for the preparation of the accounts. The charity’s Trustees consider that audit is not required for the period under section 144 of the Charities Act 2011 and that independent examination is needed. It is my responsibility to: - Examine the accounts under section 145 of the Charities Act; - To follow the procedures laid down in 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. - To state whether particular matters have come to my attention. ## **BASIS OF INDEPENDENT EXAMINER’S STATEMENT** My examination was carried out in accordance with general directions 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 explanation from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## **INDEPENDENT EXAMINER’S STATEMENT** In connection with my examination, no matter has come to my attention 1. Which gives me reasonable cause to believe that in, any material respect, the requirements: - To keep accounting records in accordance with section 130 of the Charities Act; and - To prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act Have not been met; or 2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. **The Taxcom Accountants Chartered Certified Accountants 109 Cheetham Hill Road Manchester M8 8PY Phone: (0161) 871-7465** Date: 10 September 2021 6 ## **SHARE AND CARE AID RECEIPTS AND PAYMENTS ACCOUNT FOR THE PERIOD ENDED 31 JULY 2021** |||Unrestricted Restricted|Unrestricted Restricted|Endowment|Total|Total| |---|---|---|---|---|---|---| |||Fund|Funds|Funds|Funds|Funds| ||||||2021|2020| ||Notes|**£**|**£**|**£**|**£**|**£**| |**Incoming Resources**||||||| |Donations|2|826.40|-|-|826.40|284.00| |Tuition Fee Income||0.00|-|-|0.00|0.00| |||----------|---------|----------|----------|--------| |||826.40||0.00|826.40|284.00| |||======|======|======|======|=====| |**Resources Expended**||||||| |Charitable Expenditure|3|725.00|-|-|725.00|0.00| |||=====|======|=====|======|=====| |Net of Receipts/(Payments)
||101.40|-|-|101.40|(0.00)| |Balance Brought forward||||||| |At 01 August 2020||406.00|-|-|406.00|122.00| |||======|======|======|======|======| |Balance Brought forward||||||| |At 31 July 2021||507.40|-|-|507.40|406.00| |||======|======|======|======|======| 7 ## **SHARE AND CARE AID STATEMENT OF ASSETS AND LIABILITIES AS AT 31 JULY 2021** ||Unrestricted|Restricted|Endowment|Total|Total| |---|---|---|---|---|---| ||Fund|Funds|Funds|Funds|Funds| |||||2021|2020| ||**£**|**£**|**£**|**£**|**£**| |Fixed Assets|||||| |Land and Building
|-
|-|-|-|-| ||----------|---------|----------|----------|---------| ||-
|-|-|-
|-| ||======|=====|======|======|======| |Current Assets|||||| |Debtors|0.00|-|-|0.00|0.00| |Cash at Bank/ in Hand
|507.40|-|-|507.40|406.00| ||----------|---------|----------|----------|---------| ||507.40|-|-|507.40|406.00| |Creditors|||||| |Amount falling within one year|0.00|-|-|0.00|0.00| ||---------|----------|----------|----------|--------| |**Net Current Assets/(Liabilities)**|507.40|-|-|507.40|406.00| ||======|======|======|======|=====| |Total Assets less current liabilities|507.40|-|-|507.40|406.00| |Creditors|||||| |Amount falling due after one year|(0.00)|-|-|(0.00)|(0.00)| ||---------|----------|----------|----------|-----------| |Net Assets|507.40|-|-|507.40|406.00| ||======|======|======|======|=======| |**Reserves**|||||| |General Reserve Fund
|507.40|-|-|507.40|406.00| ||----------|---------|----------|----------|----------| |Total Funds
|507.40|-|-|507.40|406.00| ||======|======|======|======|======| The Financial Statements were approved by the Board of Trustees on 02 September 2021 and were signed on its behalf by: Mr. Abdul Malik Al-Mohsin Chairperson & Trustee 8 **SHARE AND CARE AID NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 JULY 2021** ## **1 Accounting Policies** ## **Basis of preparation** The financial statements are prepared under the historical cost convention. The Accounts have been prepared in accordance with applicable accounting standards, the statement of recommended practice, “Accounting and Reporting by Charities”, issued in March 2005 and the Charities Act 2011. ## **2 Analysis of incoming resources:** |**coming resources:**|||| |---|---|---|---| ||**£**|**£**|**£**| ||Unrestricted|Restricted|Total| ||Fund|Funds|Funds| |Donations|826.40|-
|826.40| |Tuition Fee Income|0.00|-|0.00| ||-----------|----------|----------| |Total|826.40|-|826.40| ## **3 Analysis of resources expended:** |**sources expended:**|||| |---|---|---|---| ||**£**|**£**|**£**| ||Unrestricted|Restricted|Total| ||Fund|Funds|Funds| |Premises Cost|0.00|-|0.00| |Sub Contractor Payments|
0.00|-|0.00| |Repairs & Renewals|0.00|-|0.00| |Charitable Activities|725.00|-
|725.00| |General Administration|0.00|-
|0.00| |Postage, Stationery|0.00|-|0.00| |Waste Removal|0.00|-|0.00| |Legal & Professional|0.00|-
|0.00| ||--------------|----------|----------| |Total
|725.00|-
|725.00| ## **4 Income** Income from donations is only accounted for only when it is actually received. ## **5 Expenditure** Expenses of the Charity are accounted for only when the actual payment is actually made. 9 **SHARE AND CARE AID** ## **NOTES TO THE FINANCIAL STATEMENTS CONTINUED FOR THE PERIOD ENDED 31 JULY 2021** ## **6 Stock** No stock during the year. ## **7 Debtors:** **£** ## **8 Creditors: amount falling due within one year:** £ Short-term creditors during the year - Paid back during the year - -----------Total Creditors - **9 Creditors: amount falling due after one year:** £ Total Creditors (Interest Free Loan) As on 31 July 2021 - Paid back during the year - -----------Total Creditors - ## **10 Trustees:** None of the Trustees received any remuneration during the year. ## **11 Employees:** No employees yet.