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2023-04-01-accounts

Charity Registration No. 1178859 (England and Wales)

WE CARE FOUNDATION

(Charitable Incorporated Organisation)

CHARITY REGISTRATION NO: 1178859

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 01 APRIL 2023

1

WE CARE FOUNDATION ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS

Page
Charity information 3
Trustees' report 4-5
Statement of Financial Activities 6
Statement of financial position 7
Notes to the accounts 8-19
Independent Examiner’s Report 20

2

WE CARE FOUNDATION CHARITY INFORMATION FOR THE YEAR ENDED 01 APRIL 2023

Trustees Shazia Malik Isabella Pereira Farkrah Sujhaat Dr Sadia Assan Charity Number 1178859 – (England & Wales) Date of Registration 20 June 2018 Start of Financial Period 02 April 2022 End of Financial Period 01 April 2013 Legal Status Charitable Incorporated Organisation Governing Instrument Constitution

Charitable objects

The charitable objectives of the organization encompass a broad spectrum of humanitarian efforts. Firstly, it focuses on alleviating financial need and suffering among victims of war, natural disasters, and other crises by providing essential resources such as food, shelter, clothing, and training projects aimed at fostering sustainable income generation and self-sufficiency. Additionally, the organization is committed to supporting refugees resettling in Bristol and the surrounding area, offering essential goods, household items, and various support services to facilitate their integration and well-being. Furthermore, a key initiative involves the prevention and relief of poverty in Bristol through the provision of grants, items, and services to individuals facing economic challenges. Finally, the organization is dedicated to pursuing any charitable purposes for the public benefit that are deemed exclusively charitable according to the laws of England and Wales, as determined by the trustees.

Registered Office

42 Harry Stoke Road Stoke Gifford Bristol BS34 8QH United Kingdom

3

WE CARE FOUNDATION CHARITY NO: 1 1 7 8 8 5 9 TRUSTEES' ANNUAL REPORT

The trustees present their report and accounts for the year ended 5 April 2023.

Trustees

The following trustees held office during the whole of the period:

Shazia Malik Isabella Pereira Farkrah Sujhaat Dr Sadia Assan

We Care Foundation - Comprehensive Charity Performance Report (02 April 2022 – 01 April 2023)

We Care Foundation is pleased to present a comprehensive overview of our charitable activities, financial performance, and impact for the period spanning from April 2022 to April 2023.

Humanitarian Aid and Financial Assistance: Throughout the year, we have been dedicated to providing essential financial assistance and humanitarian aid across various regions. Our Zakat cash distributions in Yemen, Sri Lanka, and India, totaling £7250, underscore our commitment to supporting communities facing immediate challenges.

Community Support Initiatives: In collaboration with local partners, we distributed an impressive 700 tons of clothes to slums in India, offering tangible relief to those in vulnerable conditions. Furthering our community support, we allocated £2235 for the distribution of 5kg of rice to 720 families in Sir-Lanka.

Healthcare and Medical Assistance: Our healthcare initiatives have been diverse and impactful. From funding a child's operation in Indian slums (£230) to providing long-term support for a cancer patient in Karachi, Pakistan (£800), and aiding a disabled child's operation in India (£450), we have addressed critical healthcare needs. Additionally, £300 was contributed for medical fees for a lady with dengue fever in Pakistan.

Educational and Family Support: Education and family welfare remain integral to our mission. We allocated £330 for student nursing course fees and £420 for university student fees in India. Family support initiatives included providing £170 for a daughter's marriage in India.

Infrastructure and Livelihood Projects: Our commitment to community development is evident in projects such as installing water taps in Bihar, India (£4900), hand pumps in Indian villages (£3720), and sacrificial livestock in Pakistan (£1560), India (£1050), and Sir-Lanka (£1260).

Bereavement Support and Special Projects: In moments of sorrow, we actively supported bereaved families. We raised £4615, with £3511 used for funeral costs and £1100 gifted to the family. Special projects involved raising £382 for a family's marriage and £1500 for a patient in need of a bionic arm.

Disaster Relief and International Aid: Responding to crises, we provided immediate relief during floods in Pakistan, delivering 35 food packs in Chitral (£60 each). Internationally, £7000 was donated to Bangladesh for flood victims, benefiting 285 families. Operational Challenges and Resilience: Our Yemen bakery faced challenges, leading to temporary closures. Despite this, we reopened the bakery in November 2022, providing bread to 300 families. Expenditures for the bakery include £5142 (March), £5650 (Feb), £5550 (Jan), £5550 (Dec), and £5650 (Nov).

Community Events and Outreach: Our engagement extended beyond basic needs, organizing community events and fun days, exemplified by distributing 50 food packs in Pakistan and arranging special activities for children. School fees for 2 children in Sri Lanka were also covered (£120).

Project Management and Consultancy : Our House2Home project, in collaboration with Bristol City Council, has not only furnished homes for displaced families but also demonstrated financial prudence, allowing us to operate under budget. The consultancy fee for project management underscores the comprehensive nature of our involvement.

Financial Overview: We initiated a medical center project in Yemen, with funds earmarked for securing land, totaling £12740. Additionally, funds were collected for heaters in Turkey, with the amount unspecified.

Conclusion: The past year has seen We Care Foundation unwavering in its commitment to humanitarian and community development initiatives. As we move forward, our dedication remains steadfast, and we express gratitude to our donors, partners, and the communities we serve for their continued support. Together, we strive for a brighter and more compassionate future.

4

WE CARE FOUNDATION CHARITY NO: 1 1 7 8 8 5 9 TRUSTEES' ANNUAL REPORT

Statement of trustees' responsibilities

The Charities Act 2011 requires the trustees 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 the surplus of the Charity for that period. In preparing those financial statements the trustees are required to

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the accounts comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities..

Signed on behalf of the board of trustees

............................................................................

Shazia Malik Chair

Approved by the board on: 1 February 2024

5

WE CARE FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 1 APRIL 2023

Incoming resources (Note 1)
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Separate material item of income
Other
Total
Resources expended (Note 2)
Expenditure on:
Raising funds
Cost of Charitable activities
Governance Costs
Other
Total
before investment
gains/(losses)
Net gains/(losses) on investments
Net income/(expenditure)
Extraordinary items
Transfers between funds
gains/(losses):
Loans & Advances
Other gains/(losses)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricted
funds
Restricted
income funds
Endowment
funds
£
£
£
F01
F02
F03
-
216,498
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
01 April 2023
Prior year
funds 01
April 2022
£
£
F04
F05
216,498
273,332
-
10,652
-
-
-
-
-
-
-
-
-
216,498
-
216,498
283,984
-
-
-
-
232,283
-
-
-
-
-
-
-
-
-
232,283
253,860
-
-
-
765
-
232,283
-
232,283
254,625
-
15,785
-
-
15,785
-
29,359
-
-
-
-
-
-
15,785
-
-
15,785
-
29,359
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
15,785
-
-
15,785
-
29,359
-
36,635
-
36,635
7,276
-
20,850
-
20,850
36,635

6

WE CARE FOUNDATION STATEMENT OF FINANCIAL POSITION AS AT 01 APRIL 2023

Fixed assets
Intangible assets
Tangible assets
Total fixed assets
Current assets
Stocks
Debtors
Cash at bank and in hand (Note 9)
Total current assets
Creditors: amounts falling due within
one year (Note 8)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after
one year (Note 8)
Total net assets or liabilities
Funds of the Charity
Restricted income funds (Note 10)
Unrestricted funds
Revaluation reserve
Total funds
Signed by one or two trustees on behalf of all
the trustees
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
01 April 2023
Total last
year 01
April 2022
£
£
£
£
£
F01
F02
F03
F04
F05
- - -
-
-
- - -
-
-
- - -
-
-
- - -
-
-
- - -
-
31,107
- 20,850
-
20,850
36,635
- 20,850
-
20,850
67,742

- - -
-
31,207
- 20,850
-
20,850
36,535
- 20,850
-
20,850
36,535
- - -
-
-
- 20,850 -
20,850
36,535
20,850
20,850
36,535
- - -
-
-
-
- 20,850
-
20,850
36,535

Date of
approval
01/02/2024
Print Name
SHAZIA MALIK

7

WE CARE FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 1 APRIL 2023

----- Start of picture text -----
Note 1 Analysis of income
Unrestricted Restricted Total funds Prior Year
funds income funds 1 APRIL 2023 1 APRIL 2023
Analysis £ £
Donations and Donations and gifts - 100,707 100,707 142,322
legacies: Gift Aid - - - 10,652
Legacies - - - -
General grants provided by
government/other charities - 115,791 115,791 131,010
Total - 216,498 216,498 283,984
Charitable
activities: - - - -
- - - -
Total - - - -
Investement
Income - - - -
Interest - - -
Dividend - - -
Total - - - -
TOTAL INCOME - 216,498 216,498 283,984
----- End of picture text -----

8

WE CARE FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 1 APRIL 2023

----- Start of picture text -----
Note 2 Analysis of expenditure
Unrestricted Restricted
funds income funds Total funds
Analysis £
Expenditure on Incurred seeking donations - - -
raising funds: Incurred seeking grants
Total expenditure on raising funds - - -
Expenditure on We Care Foundation undertook impactful initiatives,
charitable including the distribution of approximately 700 tons of
activities clothes to India slums. Key activities encompassed Zakat
cash distributions in Yemen, Sir-Lanka, and India, aiding
families in slums and supporting diverse infrastructure and
humanitarian projects. Notable efforts included medical
support, educational aid, and bereavement assistance. The
reopening of our Yemen bakery after a temporary closure
and the successful execution of the House2Home project
with Bristol City Council marked significant milestones.
Funds were earmarked for a medical center project in
Yemen, and contributions were made to international aid,
including the Gaza Ramadan program.
232,283 - 232,283
Total expenditure on charitable activities
232,283 - 232,283
Governence Costs -
- - -
- - -
Total - - -
Other
Admin Expenses - - -
Total other expenditure - - -
TOTAL EXPENDITURE 232,283 - 232,283
----- End of picture text -----

9

WE CARE FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 1 APRIL 2023

Note 2.1 Analysis of expenditure on Charitable activities

----- Start of picture text -----
Activity or Grant funding
Activities undertaken directly Support Costs
programme of activities
£ £ £
Humanitarian Zakat cash distribution took place in Yemen, Sir-Lanka , and India
Aid 1,500
Community Zakat cash distribution took place in Yemen, Sir-Lanka , and India
Support 2,500
Humanitarian Cash distribution in Yemen
Aid 7,500
Ramadan Iftar Project - India
Programs 278
Water and
Sanitation Water taps installation - India Bihar- (49 of 100 each)
Projects 4,900
Humanitarian Donations in Pakistan
Aid 750
Ramadan
Fitrana sent india
Programs 145
Medical Medical Support for Burn Victims- (INDIA)
Assistance 250
Community Support for Widows in India Slums
Support 100
Humanitarian
Emergency Food Distribution in Sri Lanka
Aid 2,235
Livestock
Livestock Sacrifice in Pakistan
Sacrifice 1,560
Livestock
Sacrifice Livestock Sacrifice in India
Programs 1,050
Livestock
Sacrifice Livestock Sacrifice in Srilanka
Programs 1,260
Direct
Assistance to Direct Assistance to Individuals- India
Individuals 130
Infrastructure Infrastructure Support- India
Support 360
Water and
10
Sanitation Hand Pump Installation in India Village (24)
Projects 3,720
----- End of picture text -----

----- Start of picture text -----
Activity or Grant funding
Activities undertaken directly Support Costs
programme of activities
Medical
Support for Cancer Patient in Karachi, Pakistan
Assistance 800
Support for Daughter's Marriage in India
Family Support 170
Family support to repay debt
Family Support 750
Bereavement Support for Family after Cancer Death
Support 4,615
Medical Child's Operation in India Slums
Assistance 230
Family Support Support for Daughter's Marriage 382
Medical Operation for Disabled Child in India
Assistance 450
Medical Medical Fees for Dengue Fever Patient
Assistance 300
Winter Assistance in Chitral, Pakistan
Winter Relief 2,100
Water and
Sanitation Hand Pump Installation in Pakistan
Projects 6,952
Renewable Solar Pump Installation in Pakistan
Energy Projects 6,000
Housing and
Home Construction in Pakistan (36 homes 1250 cost each)
Shelter Projects 45,000
Medical
Radiation Treatment Support for Cancer Patient India
Assistance 537
Charitable
Sadaqah in India Slums
Giving 250
Direct Donor Distribution India - Orphans, Widows, school
Donor Grants 15,000
Education
School Fees Support in Sri Lanka
Support 120
Medical
Bionic Arm Support
Assistance 1,500
Flood Aid in Bangladesh (July 2022)
Disaster Relief 7,000
Humanitarian
Yemen Bakery
Aid 22,860
Rehousing Project Grants by Bristol City Council - We care
Foundation receive funding from the Home office (via Bristol City
Community Council) we are responsible for furnishing homes for the
resettlement program.. Total No of Homes 30
Development 89,029
11
Total 232,283 -
----- End of picture text -----

WE CARE FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 1 APRIL 2023

Note 3 Basis of preparation

This section should be completed by all charities .

3.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

The charity constitutes a public benefit entity as defined by FRS 102.*

Yes

3.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that The charity's continued financial stability, positive growth support the conclusion that the charity is a trends, and strategic plans affirm its status as a going going concern; concern. Disclosure of any uncertainties that make the Not applicable going concern assumption doubtful; Where accounts are not prepared on a going Not applicable concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

3.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.

Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the change in accounting policy; Not applicable
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information; Not applicable
and
12

WE CARE FOUNDATION NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 1 APRIL 2023

(iii) the amount of the adjustment for each line affected Not applicable in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.

3.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

Yes

No
* -Tick as appropriate
Please disclose:
(i) the nature of any changes; Not applicable
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and
Not applicable
(iii) where practicable, the effect of the change in one or Not applicable
more future periods.

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

----- Start of picture text -----
Yes
-Tick as appropriate
No
Please disclose:
(i) the nature of the prior period error; Not applicable
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
Not applicable
(iii) the amount of the correction at the beginning of the Not applicable
earliest prior period presented in the accounts.
----- End of picture text -----*

13

WE CARE FOUNDAATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 1 APRIL 2023

Note 4 Accounting policies

4.1 INCOME

Note 4
4.1 INCOME
Accounting policies
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:
 the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
 the monetary value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities, or income and expenses, unless required
Offsetting or permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income
Grants and donations recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
Government grants The charity has received government grants in the reporting period
Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims on donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
donations and gifts and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
Contractual income and This is only included in the SoFA once the charity has provided the related goods or
performance related services or met the performance related conditions.
grants
Donated goods Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Donated services and Donated services and facilities are included in the SOFA when received at the value of
facilities the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.

The charity has incurred expenditure on support costs.

Support costs

14

WE CARE FOUNDAATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 1 APRIL 2023

The value of any voluntary help received is not included in the accounts but is described Volunteer help in the trustees’ annual report. Income from interest, This is included in the accounts when receipt is probable and the amount receivable can royalties and dividends be measured reliably. Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations subscriptions and Legacies.

Insurance claims are only included in the SoFA when the general income recognition Settlement of insurance criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other claims income in the SoFA. Investment gains and This includes any realised or unrealised gains or losses on the sale of investments and losses any gain or loss resulting from revaluing investments to market value at the end of the year.

4.2 EXPENDITURE AND LIABILITIES

Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Liability recognition
4.2 EXPENDITURE
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.
AND LIABILITIES
Governance and support
costs
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Grants with performance
conditions
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
Grants payable without
performance conditions
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
Redundancy cost The charity made no redundancy payments during the reporting period.
Deferred income No material item of deferred income has been included in the accounts.
Creditors The charity has creditors which are measured at settlement amounts less any trade
discounts
A liability is measured on recognition at its historical cost and then subsequently
Provisions for liabilities measured at the best estimate of the amount required to settle the obligation at the
reporting date
Basic financial
instruments
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.

4.3 ASSETS

Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least use by charity

They are valued at cost.

15

WE CARE FOUNDAATION

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 1 APRIL 2023

The depreciation rates and methods used are disclosed in note 9.2.

Intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5

They are valued at cost.

Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.

Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments

Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net progress realisable value.

Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.

Debtors (including trade debtors and loans receivable) are measured on initial recognition at Debtors settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

The charity has has investments which it holds for resale or pending their sale and cash and Current asset cash equivalents with a maturity date less than one year. These include cash on deposit and investments cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due.

16

WE CARE FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 1 APRIL 2023

Note 5 Details of certain items of expenditure

5.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees

This year Last year
£ £
250.00 -
- -
- -

Note 6 Paid employees

6.1 Staff Costs

Salaries and wages
Social security costs
Pension costs (defined contribution scheme)
Other employee benefits
Total staff costs
This year
Last year
£
£
- -
- -
- -
- -
- -

17

UMMAH HANDS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 1 APRIL 2023

Note 7 Debtors and prepayments

7.1 Analysis of debtors
Trade debtors
Other debtors
This year
Last year
£
£
- -
- -
- -

Total

7.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)

Trade debtors
Prepayments and accrued income
Other debtors
Total
This year
Last year
£
£
- -
- -
- -
- -

Note 8 Creditors and accruals

8.1 Analysis of creditors

8.1 Analysis of creditors

Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts or
performance-related grants
Accruals and deferred income
Taxation and social security
Other creditors
Total
This year
Last year
This year
Last year
£
£
£
£
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
250
- - -
Amounts falling due
Amounts falling due after
250
- - -

Note 9 Cash at bank and in hand

Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Total

This year Last year
£ £
- -
- -
- -
- -

18

WE CARE FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 1 APRIL 2023

Note 10 Charity funds

10.1 Details of material funds held and movements during the CURRENT reporting period

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

----- Start of picture text -----
Fund Fund
Type PE, balances balances
EE R or Purpose and Restrictions brought carried
UR * forward Income Expenditure Loans forward
Fund names £ £ £ £ £
The Ristricted funds represents the funds of the
Donations & Gifts R
charity which are designated for the particular
purpose 36,635 216,498 - - 253,133
We Care Foundation undertook impactful initiatives,
including the distribution of approximately 700 tons
of clothes to India slums. Key activities
encompassed Zakat cash distributions in Yemen,
Sir-Lanka, and India, aiding families in slums and
supporting diverse infrastructure and humanitarian
Charitable
R projects. Notable efforts included medical support, - - 232,283 - - 232,283
Activities/Projects
educational aid, and bereavement assistance. The
reopening of our Yemen bakery after a temporary
closure and the successful execution of the
House2Home project with Bristol City Council
marked significant milestones. Funds were
earmarked for a medical center project in Yemen,
and contributions were made to international aid,
including the Gaza Ramadan program.
Total Funds 36,635 216,498 232,283 - 20,850
----- End of picture text -----

19

WE CARE FOUNDATION FOR THE YEAR ENDED 5 APRIL 2023

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees WE CARE FOUNDATION

On accounts for the year 01 April 2023 Charity no 1178859 ended (if any) Set out on pages I report to the trustees on my examination of the accounts of the above charity (“WE CARE FOUNDATION”) for the year ended 01 / 04 / 2023. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's I have completed my examination. I confirm that no material matters have statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

 the accounting records were not kept in accordance with section 130 of the Charities Act; or  the accounts did not accord with the accounting records; or  the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Zeeshan Munawar ACCA

01 Feb 2024 1

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