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).