Trustees’ Annual Report for the period
From 01-04-2021 To 31-03-2022
Charity name: Hankool Foundation
Charity registration number: 1175365
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | THE OBJECTS OF THE CIO ARE: A) PROVIDING SUPPORT AND ADVICE, INCLUDING ADVICE ON HOUSING, WELFARE AND EDUCATION; B) INCREASING, OR CO-ORDINATING, OPPORTUNITIES FOR THE BENEFICIARIES TO ENGAGE WITH SERVICE PROVIDERS, TO ENABLE THOSE PROVIDERS TO ADAPT SERVICES TO BETTER MEET THE NEEDS OF THAT COMMUNITY; C) SUPPORTING THE EDUCATION OF MIGRANT CHILDREN BY PROVIDING HOMEWORK CLUBS 2. TO RELIEVE POVERTY AND THE NEEDS OF CHILDREN LIVING IN SOMALIA, IN PARTICULAR BY THE PROVISION OF BOOKS AND OTHER EDUCATIONAL MATERIALS. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
• Provided advice, support and guidance on housing, welfare benefits and education. • Supported the education of migrant children by providing homework clubs. • Provided books and other educational materials to children in Somali. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees confirm that all decisions made, are in line with the guidance issued by the Charity Commission on public benefits |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | No grants have been made during this financial period; |
| Policy on social investment including program related investment |
Para 1.38 | Trustees had not considered any social investment at present. This is due to lack of reserve funds of the trust. Trustees has now sought advice and plan to develop policy in accordance with charity commission guideline. |
| Contribution made by volunteers |
Para 1.38 | Hankool Foundation is conveying their sincerely gratitude to all the volunteers who had assisted the trust with their valuable time, effort and expertise. Trustee’s would not have been able to source the provisions required or have been able to deliver them to those who need them without volunteer’s commitment and dedication. |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | • Provided advice, support and guidance on housing, welfare benefits and education.These communities are most deprived and disadvantaged due to the hardship and longstanding civil war. • Supported the education of migrant children by providing homework clubs, after school club and supplementary education. This service has been vital to the migrant children giving them the opportunity to fulfil their potential. • Provided books and other educational materials to children in Somali. The readingmaterialprovided to the |
children in Somali was donated to the foundation and we did not have to pay. We are collecting old education books for Somalia.
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | One of our objectives is to provide goods and services to those who need them most. Hankool Foundation has met that by providing its service to its beneficiaries. |
| Performance of fundraising activities against objectives set |
Para 1.41 | No fund raising activities have been undertaken this year. The charity is working with donations from the trustees and general public and the services of its volunteers. |
| Investment performance against objectives |
Para 1.41 | We had not made any investments as yet. This is due to the fact that trust does not have any large surplus for investment yet. However, trustees will seek advice and guidance from the professional on this matter. |
| Other |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Hankool Foundation on 31 March 2022 has a surplus of £5,450.00 The Trustees are aiming to increase the surplus to facilitate for widening the activities of the charity to meet its objectives. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned emergency and other expenditure. |
| The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately 6 months of unrestricted charitable expenditure. The trustees consider that this will provide the charity with some time to secure additional funds. |
||
|---|---|---|
| Amount of reserves held | Para 1.22 | £2,500 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | There are no uncertainties to the charity continuing. Trustees are confident that they will be able to sustain the organisation as we struggled during the Covid-19 pandemic. |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Donations from the communities and trustees. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | Hankool Foundation is not in a position to partake any financial investment at present. The Trustees have now agreed to put an investment policy in place. Trustees will only invest when we are in a financial position to do so. |
| A description of the principal risks facing the charity |
Para 1.46 | • The principal risk is the financial sustainability and continuous financial support from the community. Sending educational material to Somalia extremely challenging during the pandemic. • Delivering activities during Covid-19 pandemic meant we had to deliver online and maximising the use of IT. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
None | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution (adopted). Sunday 8th October 2017 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | A trustee must be appointed by a resolution passed at a trustee meeting of the foundation. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO and their legal obligation. |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Policies and procedures adopted for the induction and training of trustees |
The Chair of Trustees will be responsible for ensuring that the induction process is carried out. A training programme will be developed to ensure that any newly appointed trustee will receive training on all matters necessary to enable them to perform their duties effectively. This will be tailored to their specific needs but, unless the appointee is already sufficiently experienced, should cover as a minimum:- governance and management; equal opportunities; a thorough introduction to the history and current activities of the organisation; sufficient explanation of the charities financial accounts and reporting procedures to enable them to exercise effective fiscal oversight; explanation of all charity policies including that relating to trustee expenses and how they can be claimed. If the new trustee is to take on any specific duties training needs in relation to these should also be assessed. It is acknowledged that trustees have a wide range of other commitments and every effort will be made to make this training accessible to the individual by arranging it to be conducted at times convenient to them. |
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|---|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | The Chair of Trustees will be responsible for ensuring that the induction process is carried out. A training programme will be developed to ensure that any newly appointed trustee will receive training on all matters necessary to enable them to perform their duties effectively. This will be tailored to their specific needs but, unless the appointee is already sufficiently experienced, should cover as a minimum:- governance and management; equal opportunities; a thorough introduction to the history and current activities of the organisation; sufficient explanation of the charities financial accounts and reporting procedures to enable them to exercise effective fiscal oversight; explanation of all charity policies including that relating to trustee expenses and how they can be claimed. If the new trustee is to take on any specific duties training needs in relation to these should also be assessed. It is acknowledged that trustees have a wide range of other commitments and every effort will be made to make this training accessible to the individual by arranging it to be conducted at times convenient to them. |
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| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | The Hankool Foundation networks with local organisation and faith-based groups in the area. It also developing wider relation with national and international charities. Hankool Foundation attends local network meeting arranged by BVSC. |
|---|---|---|
| Relationship with any related parties |
Para 1.51 | None |
| Other |
Reference and Administrative details
| Charity name | Hankool Foundation |
|---|---|
| Other name the charity uses |
|
| Registered charity number | 1175365 |
| Charity’s principal address | 8 Wallbank Court Ward End BIRMINGHAM B8-2EW |
Names of the charity trustees who manage the charity
| 1 2 3 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Mr. Mire Jaran Mohamed | Chairman | |||
| Mr. Omar Sheikh-Nur Mohamed |
Secretary | |||
| Mr. Ali Moalin Hassan | Treasurer |
– Corporate trustees names of the directors at the date the report was approved
Director name None
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| None | ||
| Funds held as custodian trustees on behalf of others | ||
| Description of the assets held in this capacity |
None | |
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A | |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
Additional information (optional)
Names and addresses of advisers (Optional information)
| Additional information (optional) Names and addresses of advisers (Optional information) |
Additional information (optional) Names and addresses of advisers (Optional information) |
Additional information (optional) Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
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| Charity adviser |
||
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details N/A
Other optional information
N/A
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s)[Mr. Mire Jaran Mohamed] Position (eg Chairman Secretary, Chair, etc) Date