**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
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
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 Statement of Recommended Practice: Accounting and Reporting by Charities
- • and with* preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
- • and with* the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
**Yes**
* -Tick as appropriate
## **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**|
|---|---|---|---|
||**£**||**£**|
|||-|-|
|||-|-|
|||-|-|
|||**-**|**-**|
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## **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 -----**
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**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**
20