CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 01-04-2023 To 31-03-2024 Charity name: Hankool Foundation Charity registration number: 1175365 Objectives and Activities SORP reference Para 1.17 Summary of the purposes of the charity as set out in its governing document 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 BEThER 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 ma choose to include further statements where relevant about: SORP relerence Policy on grant making No grants have been made during this financial period; Para 1.38 Policy on social investment including program related investment Trustees had not considered any social investment at present. This is due to infancy of the trust. Trustees has now sought advice and plan to develop policy in accordance with charity commission guideline. Para 1.38 Contribution made by volunteers Hankool Foundation is conveying their sincerely gratitude to all the volunteers who had assisted the trust with their valuable time, effort and expertise. Trustees 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. Para 1.38 Other Achievements and Performance SORP reference 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. 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 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 reading material provided 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 informatlon (optional) You ma choose to include further statements where relevant about: One of our objectives is to provide goods and services to those who need them most. Achievements against objectives set Para 1.41 Hankool Foundation has met that by providing its service to its beneficiary Perfomiance of fundraising activities against objectives set 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. Para 1.41 Investment performance against objectives We had not made any investments yet. This is because trust does not have any large surplus for investment yet. However, trustees will seek advice and guidance from the professional on this matter. Para 1.41 Other Financial Review Review of the charity's financial position at the end of the period Para 1.21 Hankool Foundation on 31 March 2024 has a surplus of £2,150 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 Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1.22 Para 1.22 £2,150 Para 1.24 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 post Covid pandemic. Additional information (optional) You ma choose to include further statements where relevant about: The charity's principal sources of funds (including any fundraising) Donations from the communities and trustees. Para 1.47 Investment policy and objectives including any social investnient policy adopted 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 osition to do so. 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. Para 1.46 A description of the principal risks facing the charity Para 1.46 Other Structure, Governance and Management Descri tion of chari 's trusts: Type of governing document (trust deed. royal charter) None Para 1.25 Constitution (adopted). Sunday 8th October 2017 cio How is the charity constituted? (e.g unincorporated associatioii, 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 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 ma choose to include further statements where relevant about: The Chair of Trustees will hold the primary responsibility for overseeing and ensuring the effective implementation of the induction process for new trustees. This process is critical to equipping new appointees with the knowledge, skills, and understanding they need to fulfil their roles effectively and contribute meaningfully to the organisation. Policies and procedures adopted for the induction and training of trustees Para 1.51 A comprehensive training programme will be developed and delivered to all newly appointed trustees. This programme will be designed to provide them with a solid foundation in the key areas necessary for their role. While the training will be tailored to the individual needs and prior ex erience of each trustee, it will, at a minimum, cover tlie following essential areas unless the appointee already possesses sufficient expertise: 1. Governance and Management: Trustees will receive detailed guidance on the principles of good governance, tlieir legal responsibilities, and the specific governance framework of the organisation. This will include an overview of the roles and responsibilities of trustees, the relationship between the board and the executive team, and the importance of strategic decision-making in line with the charity's mission and objectives. 2. Equal Opportunities: Trustees will be trained on the organisation's commitment to equality, diversity, and inclusion. This will include an understanding of relevant legislation, such as the Equality Act 2010, and how these principles are embedded In the charity's operations, policies, and culture. 3. Organisational History and Activities: New trustees will be provided with a thorough introduction to the history, mission, and values of the organisation. This will include an overview of its current activities, key achievements, and strategic priorities, enabling them to understand the context in which they will be operating and the impact of their contributions. 4. Financial Oversight: Trustees will receive sufficient training on the charity's financial accounts and reporting procedures to enable them to exercise effective fiscal oversight. This will include an explanation of key financial documents, such as balance sheets and income statements, as well as an understanding of budgeting, financial controls, and risk management. 5. Charity Policies: New trustees will be given a detailed explanation of all relevant charity policies, including those related to trustee expenses and how they can be claimed. This will ensure they are fully aware of the processes and guidelines in place to support their role and maintain transparency aiid accountability. In addition to these core areas, if a new trustee is api)oiiited to take on specific duties or res onsibilities, such as cliciiriii a coniiiiittee or leading a particular initiative, their training needs in relation to these roles will be assessed and addressed accordingly. It is recognised that trustees often have a wide range of professional and personal commitments outside of their role with the charity. To accommodate this, every effort will be made to ensure the training programme is flexible and accessible. Training sessions will be scheduled at times that are convenient for the individual, and alternative formats, such as online or self-paced learning, may be offered where appropriate. By providing a robust and tailored induction process, the organisation aims to empower new trustees to perform their duties confidently and effectively, ensuring they are well-equipped to contribute to the charity's success and uphold its values and mission. The Hankool Foundation networks with local organisation and faith-based The charity's organisational structure and any wider network with which the charity works Para 1.51 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 None Para 1.51 Other Reference and Administrative details Charit name Other name the charit uses Registered charity number Hankool Foundation 1175365 Charity's principal address 8 Wallbank Court Ward End BIRMINGHAM B8-2EW Names of the charity trustees who manage the charity Name of person (or body) entitled to appolnt trustee Ifan Trustee name Offlce (If any) Dates acted If not for whole year Mr. Mire Jaran Mohamed Mr. Omar Sheikh-Nur Mohamed Mr. Ali Moalin Hassan Chairman Secretary Treasurer Cor orate trustees - names of the directors at the date the re Director name None ortwasa roved Name of trustees holding title to property belonging to the charity Trustee name Dates acted if not for whole ear None Funds held as custodian trustees on behalf of others Description of the assets held None in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects NIA Details of arrangements for safe custody and segregation of such assets from the charity's own assets NIA Additional information (optional) Names and addresses of advisers (Optional information) r>y 01 14Jm• ¥rtYiG Addr•ts Exe.mpti?riS fro,m a"sc3aS￿1 Q Indci)Lii(Ic'nt li I'iiiiinLr',s Ilci)ui"t t() tlic Ti'iistccs of Url)4111 1)L'vLI()pinLnt V()und