Electronically signed using Capium on 29/11/2024 at 05:11:05 PM
HELPING LIVES
REGISTERED CHARITY NUMBER: 1176559 COMPANY REGISTRATION: 10583839
HELPING LIVES
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
HELPING LIVES
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024
| Page | |
|---|---|
| Reference and administrative information | 1 |
| Statement of Financial Activities | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 – 5 |
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024
The Board presents its Trustees' report with the financial statements of the charity for the year ended 31 January 2024.TheTrustees have adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities' issued in March 2005.
OBJECTIVES AND ACTIVITIES
The objectives of the charity are to help and support in the prevention or relief of poverty and saving and improving lives by the grant making to individuals or organisations to help provide the food to poor and needy people across the globe, eductation/training of children and youth and advancement of health services to patients in need, disable, elderly and old people.
ACHIEVEMENTS AND PERFORMANCE
During the reporting year, the charity focused on two main objectivs of food security and education for people-in-need. The charity funded education for many children as well as provided financial support to various food banks to help combat hunger.
FINANCIAL REVIEW
The charity had an opening balance of £11,886 in general liquid funds and received donations of £6,979 during the year. The closing balance of liquid funds after the spending was £1,477.
PUBLIC BENEFIT
ln shaping our objectives for the year and planning our activities, the Trustees have considered the Charity Commission's guidance on public benefit, including the guidance on public benefit and fee charging. The Charity relies on the donation income it receives from its donors to cover its costs.
Helping Lives is focusing on providing the basic necesities, including shelter, food, education and health to poor, children, youth, elderly and other vulnerable people.
The Trustees declare that they have approved the Trustees' report above.
Signed on behalf of the Charity's Trustees
J Sheikh
................................. Jasrah Sheikh Trustee/Director 30/10/2024
HELPING LIVES
REFERENCE AND ADMINISTRATIVE INFORMATION
Charity Name
Helping Lives
Charity registration number
1176559
Company registration number
10583839
Registered Office and operational address
Office 408, Screenworks 22 Highbury Grove London N5 2ER
Trustees/Directors
Board of Trustees are Directors of the Company for the purposes of the Companies Act 2011 and Trustees for the purposes of the Charities Act 2011. The following served as Directors during the
Jasrah Sheikh -- Appointed 10th February 2022
Accountant
Accountell Limited 44A Marlands Road, Clayhall, Redbridge, Essex, IG5 0JL
Bankers
Lloyds Bank
Page 1
HELPING LIVES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 JANUARY 2024
| Note INCOMING RESOURCES Incoming resources from generated funds Activities for generating funds 3 Total incoming resources RESOURCES EXPENDED Costs of generating funds 4 Support costs Governance costs Total resources expended NET INCOMING/(OUTGOING) RESOURCES RECONCILIATION OF FUNDS 6 Transfers between funds Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted £ 7,178 7,178 14,446 - 14,446 (7,268) - (5,768) (13,036) |
Restricted £ - - - - - 0 - 0 0 |
2024 Total 2023 Total £ £ 7,178 11,092 7,178 11,092 14,446 20,782 - - 14,446 20,782 ( 7,268) (9,690) - - (5,768) 3,922 (13,036) (5,768) |
|---|---|---|---|
The notes form part of these financial statements
Page 2
HELPING LIVES
BALANCE SHEET
| AS AT 31 JANUARY 2024 | ||
|---|---|---|
| Note CURRENT ASSETS Cash at bank and in hand Other Receivables TOTAL CURRENT ASSETS CURRENT LIABILITIES Creditors: amounts falling due within one year 5 Bank Loans due within one year TOTAL CURRENT LIABILITIES NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES LONG TERM LIABILITIES Bank Loans & Overdrafts NET ASSETS FUNDS 6 Unrestricted funds General funds Restricted funds TOTAL FUNDS |
£ £ 1,476 21,389 22,865 (15,902) (8,000) (23,902) (1,037) (1,037) (11,999) (13,036) (13,036) - (13,036) 2024 |
2023 £ 11,886 26,189 |
| 22,865 (15,902) (8,000) |
38,075 (15,900) (8,000) |
|
| (23,902) (11,999) |
(23,900) 14,175 |
|
| 14,175 | ||
| (19,943) | ||
| (5,768) | ||
| (5,768) - |
||
| (5,768) |
For the year ending 31/03/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board of Trustees on 30/10/2024 and signed on their behalf by
J Sheikh
.............................
Jasrah Sheikh
Trustee/Director
Page 3
HELPING LIVES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
| 3. INCOMING RESOURCES Incoming resources from generated funds Voluntary income Activities for generating funds Fee Income Other Income from Fundraising Interest Income Total incoming resources 4. RESOURCES EXPENDED Support costs IT and Software Costs Bank Charges Professional Fees Postage, priniting, stationery & supplies Premises Expenses Light, Heat and Power Donations Interest Costs Insurance Sundry expenses Telephone & broadband Travel Staff costs Average number of staff employed Governance costs Independent examiner fee Book-keeping & payroll Total resources expended |
Unrestricted £ - - 6,979 199 7,178 7,178 - 241 18 35 2,744 566 3,475 670 6,363 35 299 - 14,446 - - - - 14,446 |
Restricted £ - - - - - - - - - - - - - - - |
2024 Total £ - - 6,979 199 7,178 7,178 - 241 18 35 2,744 566 3,475 670 6,363 35 299 - 14,446 - 0 - - - 14,446 |
2023 Total £ |
|---|---|---|---|---|
- |
||||
- 9,903 1,189 |
||||
| 11,092 | ||||
| **11,092 ** | ||||
| 367 247 2,032 144 - 619 1,449 478 - 34 682 - |
||||
| 6,052 | ||||
- |
||||
| 0 420 - |
||||
| 420 | ||||
| 6,472 |
Page 4
HELPING LIVES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade Creditors Other Creditors MOVEMENT IN FUNDS Unrestricted funds: General fund Total unrestricted funds Restricted funds: Total unrestricted funds TOTAL FUNDS |
At the start of the year £ (5,768) |
Incoming resources £ 7,178 |
Outgoing resources £ ( 14,446) (14,446) - - ( 14,446) |
2024 £ - 15,902 15,902 Transfers £ - - - - - |
2023 £ 201 15,699 |
|---|---|---|---|---|---|
| 15,900 | |||||
| At the end of the year £ ( 13,036) |
|||||
| (5,768) | 7,178 | (13,036) | |||
| - | - | - | |||
| - | - | - | |||
| (5,768) | 7,178 | ( 13,036) |
6. MOVEMENT IN FUNDS
Page 5
Document Details
IP 169.254.254.5 Time stamp 2024-11-29 17:11:04 Email jasrahsheikh@aol.com Name Helping Live - Charity Accounts - 2024 Browser & Version
Document History
Document Helping Live - Charity Accounts - 2024 29-11-2024 17:08 created. Signer Jasrah Sheikh added to the document Helping 29-11-2024 17:09 Live - Charity Accounts - 2024. Reminder set to the document Helping Live - Charity 29-11-2024 17:10 Accounts - 2024. Document has sent for signature to Jasrah 29-11-2024 17:10 Sheikh(jasrahsheikh@aol.com).