REGISTERED CHARITY NUMBER: 1182728
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FOR
HELPING EVERY LIVING PERSON
Hadleys & Co. Ground Floor Import Building 2 Clove Crescent London E14 2BE
HELPING EVERY LIVING PERSON
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
HELPING EVERY LIVING PERSON
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The primary objectives is to relieve financial hardships, distress and suffering among poor people, victims of natural disasters and other people in need by means of , but not exclusively, making grants or loans for providing or paying for items, equipment, services and facilities, including provision of food, clothing and water wells for the benefit of said persons.
Public benefit
The Trustees have complied with the duty Section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission in respect of the public benefit and in planning the activities for the year, have kept this in mind.
ACHIEVEMENT AND PERFORMANCE
Fundraising activities
The charity received donations totalling £41,122 (2023:£96,314) during the year.
FINANCIAL REVIEW Reserves policy
It is the charities policy to maintain cash funds sufficiently to cover expected annual administrative expenses and governance costs of the charity .
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Helping Every Living Person (the "Charity") was registered as a charitable incorporated organistaion on the 1st April 2019, number 1182728.
Recruitment and appointment of new trustees
Trustees are appointed by the board of Trustees, if needed, they would consider additional Trustees applications if the appropriate skills, knowledge and experience is met for the effective administration of the charity. there would be appropriate induction of and new Trustees in order to brief them on legal obligations under charity law, the decision making process of the charity and its policies and procedures.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1182728
Principal address
Unit 3B Katella Trading Estate 10A River Road Barking Essex IG11 ODG
Trustees
I Akuji M Akuji O M Maulvi
Page 1
HELPING EVERY LIVING PERSON
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner Hadleys & Co. Ground Floor Import Building 2 Clove Crescent London E14 2BE
Approved by order of the board of trustees on 10 October 2024 and signed on its behalf by:
I Akuji - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HELPING EVERY LIVING PERSON
Independent examiner's report to the trustees of Helping Every Living Person
I report to the charity trustees on my examination of the accounts of Helping Every Living Person (the Trust) for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do 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.
Khalid Mehmood The Institute of Chartered Accountants in England and Wales
Hadleys & Co. Ground Floor Import Building 2 Clove Crescent London E14 2BE
10 October 2024
Page 3
HELPING EVERY LIVING PERSON
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 45,214 EXPENDITURE ON Charitable activities Food for the needy 1,750 Zakaat 13,995 Education 3,300 Orphans 15,600 Other 8,004 Other 1,070 Total 43,719 NET INCOME 1,495 RECONCILIATION OF FUNDS Total funds brought forward 19,648 TOTAL FUNDS CARRIED FORWARD 21,143 |
2023 Total funds £ 110,840 |
|---|---|
| 27,000 44,652 - 14,237 15,954 1,514 |
|
| 103,357 | |
| 7,483 12,165 |
|
| 19,648 |
The notes form part of these financial statements
Page 4
HELPING EVERY LIVING PERSON
BALANCE SHEET 31 MARCH 2024
| 2024 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 21,832 CREDITORS Amounts falling due within one year 4 (689) NET CURRENT ASSETS 21,143 TOTAL ASSETS LESS CURRENT LIABILITIES 21,143 NET ASSETS 21,143 FUNDS 5 Unrestricted funds 21,143 TOTAL FUNDS 21,143 |
2023 Total funds £ 20,338 (690) 19,648 19,648 19,648 19,648 19,648 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 10 October 2024 and were signed on its behalf by:
I Akuji - Trustee
The notes form part of these financial statements
Page 5
HELPING EVERY LIVING PERSON
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 110,840 |
| EXPENDITURE ON | |
| Charitable activities | |
| Food for the needy | 27,000 |
| Zakaat | 44,652 |
| Orphans | 14,237 |
| Other | 15,954 |
| Other | 1,514 |
Page 6
continued...
HELPING EVERY LIVING PERSON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted | ||||
|---|---|---|---|---|
| fund | ||||
| £ | ||||
| Total | 103,357 | |||
| NET INCOME | 7,483 | |||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 12,165 | |||
| TOTAL FUNDS CARRIED FORWARD | 19,648 | |||
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||
| 2024 | 2023 | |||
| £ | £ | |||
| Other creditors | 689 | 690 | ||
| 5. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.23 | in funds | 31.3.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 19,648 | 1,495 | 21,143 | |
| TOTAL FUNDS | 19,648 | 1,495 | 21,143 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 45,214 | (43,719) | 1,495 | |
| TOTAL FUNDS | 45,214 | (43,719) | 1,495 |
continued...
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HELPING EVERY LIVING PERSON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
5. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.22 | in funds | 31.3.23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 12,165 | 7,483 | 19,648 |
| TOTAL FUNDS | 12,165 | 7,483 | 19,648 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 110,840 110,840 |
Resources Movement expended in funds £ £ (103,357) 7,483 (103,357) 7,483 |
Resources Movement expended in funds £ £ (103,357) 7,483 (103,357) 7,483 |
|---|---|---|---|
| 7,483 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.22 | in funds | 31.3.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 12,165 | 8,978 | 21,143 |
| TOTAL FUNDS | 12,165 | 8,978 | 21,143 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 156,054 | (147,076) | 8,978 |
| TOTAL FUNDS | 156,054 | (147,076) | 8,978 |
continued...
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HELPING EVERY LIVING PERSON
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 9