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2022-05-07-accounts

Trustees, Annual Report for the perood From 0810512021 To 0710512022 Chaflty name: LOVE MERCY HOPE Chartty rngistratlon number: 1186224 Objectlves and Actlvltle8 SORP rnl•r•K• P4rn1.17 rnm￿ of the purposes of the tharity as set out in its goveming document To work together with ￿0bal and10g1 communlttes In brlryln8 Love mercy and hope to those who need It most. Wlth thls In mlnd, we hope to brlnq benefrt, relleve and assist vlrtims of poverty, natural dlsaster, OT Catastrophe. by the Supply offood, water and m¢Yal supporL We also hope to Insplre and to educate. Summwy of th• main activrties in relalion to thos• purposes for the wblic b8nefit, in particular, lh• activities, projects or sen11￿$ Id•ntifiod in the accourtj. P•r• 1.17 ar Ourlni the past ye•r we have been busy wtth dlfferent projects sn relatlon to luffllllry our purpos•. A summary of these •rtl¥ltles •re •$ follows.. We dellvered food packs to the most vulnefable durlrq the flrrt lockdown afthe covld pandemk. We provlded free educatlon lessons for men irnl women allke. We p￿￿ded many w•tw wells •round Paklstan. U8•nda and Gh•n•. We h•nded out booki Sn Ghana. Clothes •nd shoes h•4* been provlded io the W• h•ve contlnued the bulkllni work of 4 Sp￿ltu41 nctu•ry/communlty c•ntr• Gh•n•. needy In Ui•nda. W• supported l¢x•l ¢h•rltles •nd help•d them with sportlni hcllttles. We h•d • sustllnable ioats •nd IIv•#¢xk project In M•l•wl •$ well •s frult tree projert In Z•mbl•. We hive senl Food p•ck•ys to feed the hungry in U anda, Gh•n•, Pakistan. Malawi, Z•mbi4, UK and

W• w4)44d•d Iii•ll. worn•fv ￿{h•b￿•￿ •h•kh Inwi•ii¢• twd• lh h•a#h W• e•rtlrwOtth •)w ¢411•d Atsrn¢i l•ll•. ** pr)¥￿ hoi •nO cold lotyj lof th• hom•kni, i•￿•1 •nd n••dy Comnwjn￿￿1 ol to th• 41 Slnth kn P•khtsn p•rtn•r thwlty ¢d Il¢p lor M•nk1r￿. W• Ant m•¥qu• In P•kh¢•n19ndhl b41 W• h•¥• pwpl•s ￿ft% •nd m••t thtrknrt W• h•lp•d •nd P•Irt1￿ r•lwwst P•¥ i.1• W• ¢onlrrn th•t •lltnth h•ve hh r•w t• th nMd•lirns lssu•d by the Ch￿ty Cornmlssi AddlU1)n￿ lrfmatlon (opllonal) NIA P¥• •.#• NIA P•• i. ¥dutX•w$

Achlevem•nt8 and Perforniance SORP r•f•r•rK• We have served food to Imf 7C¥>) Ghinl, 20,00 people in Uynd•, So.1￿ people in Z•mbl ind M•l•wi SummKy of th• maln achi8vem8nt$ ol th• ch•rlty, identifying th• differenc• th• charity's work has mad810 tho ¢ircumstanc•s ol Its n•ficiari•s Ind any bMd•r 1)6nofils to soci•ty as 4 vthole. P•rn 1.20 W• •re In Ph•se three of buthliw a ynctu•ty Th1 wlll also serye as • pl•ce ol worship as •% an open kltchen lor thos• In nt•d ol lood Gh4na. Over JOO lls in Paklstan are Pfry4idini de•n •rkl fe w•ter to vill•8es once in need of 4f water. We h•ve s•N•d food to 0￿r 25,0(X) peopl• In gouth Afric•. W• est•bllsh•d Ruml's t•ble. •n outdoof fr>od dlstrlbutlon projert whofe we xrve up 10 150 hot meals io the homeless per in UL •Th4 3 people in south Afrlta per week. W• dlstrlbuted 5•asonal 8r•eiin4s c•rd •nd chocolates to local people and business•S to spre4d f•stiv•fvy. In Rm•dh•n we sent lund5 to serye 100 people in Ghana d11￿ as well as 21)0 people daity in U8•nd• and Z4mbh to help them opeft and bre•k their fast. We distrlbut•d Qur•ns In schools in Ghana •hd Paki5t•n Addlllonal Inlorniatlon (optlonal) You ma ch¢x)se to include lurther 8tat•m•nts th•r• rnlwant aboul Achlw•m•ntJ •g•inJt objectiv•i P•rfomanc• of fundrnljlng activilios ag•lnst ot¥'Ktivo$ Sgt

Inv•*tm•nt pknanc• against ok4eclives P￿141

Flnanclal Revlew finarttial Fwtson •t the Statsm•nt ewainry It Slarg thy ¥• t￿Id Plm 121 We have ended the ￿riod with a balance of £2L714 There are no set amounts reserved but we have 4 small balKe in our bank accounts so that we are not o¥erdrwin Incurr1￿ bank char AmtsJrrt ol r•s•p•s I￿1 R•aswts ILY z•ro 8elry • newly set.up charlty wlth no st•ff costs or other Ilab611ties we Intend to use up th• Income on our on oln in d• Explanatson crf any chanty cOr￿n￿r￿a as a g WA NIA AddllOon•l (0Olond) Th• d￿$ Wi￿Ap Jrc•s of (11￿1￿Jwv Pw• 1.47 (tyc*'v•s includiw P•• 1.40

Structur•, Gov•rnanc• and IAanagement 11Y2019 tru P••i3 P•¥1 J ElertM)n is ¢J)ne ¥4a vote 4m¢xrf the current ¢Xrt5tandiry performarKe ¥KI 4wYoath thern to affer ￿P￿intMent. A¢Jthts'on￿ lrtcqm*ion (0Ox>n•l Pw•fsi P￿1$1 P•i151

Reference and Admlnlstratlve detslls Chanty n•n• OtMf name the chanty us•A ister•d chan numb•r Chanty's prinop* addre•s LMH 1186224 Jamia masj￿ SLthria Sneint NG2 4LQ

Nam•s ol th• charlty tN•t•u who nMnag• tho ch•rlty Tw•t•• rwn• Off• (# •ny) Ch•ir Trust•e TNsle8 Truslee Ahrn•d A•l•m 1P Nov￿b￿ 2019 1P Novwnb•r 2019 1P November 2019 2￿ Novwnbw 2020 lsm•d Kh•n Antor 81aii H••un R•fiqu• 10 11 12 13 14 75 18 17 18 19 rnte truste85- names of the direct<xs at the d*e th• rg wasa oftrust••s hc4diNJ tiU• to Fy0￿ boknGing to the ¢XwSty

Funds held as custodian trustees on behalf of others Description of the assets held in trls cap NIA Name aThJ Obj'ects ol the charity on ￿Ose behalf Ihe assets are held and how trms falls within the custoth.an charity's 04.ects NIA Details ol arrangement5 lor safe custody arKI segregats'on of such assets from the charity's assets WA Addftlonal Inforniatlon (optk*nal) NanM• and addrn￿ of advlMr• (Optlonal 1n1orn￿onj Typ• ol Nafm Addrns• •dvlMr Nan￿ of Ghl•f •x•cutlv• or namm ¢1 Mnlor staff m•mb•rn (Optlonal Inforniatlon) Exemptlons from dlsclosure R•ason fty n￿(￿8￿03￿0 of ke nol detaAs Other o tional Inforniatlon

Declarallons Slgn*uro(s) Full nwM(s) Po•ltlon l•g Sacr•tary. Ch•lr, •t¢ Oal• 07103r2023

LOVE, MERCY, HOPE REGISTERED CHARITY NUMBER 1186224

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 07 May, 2022 LOVE, MERCY, HOPE FINANCIAL STATEMENTS FOR THE YEAR ENDED 07 May, 2022

CONTENTS PAGE PAGE
GENERAL INFORMATION 1
ACCOUNTANTS REPORT 2
INCOME & EXPENDITURE ACCOUNT 3
BALANCE SHEET 4
NOTES FORMING PARTS OF FINANCIAL STATEMENTS 5 & 6

LOVE, MERCY, HOPE

FOR THE YEAR ENDED 07 May, 2022

Trustees

Ahmed Aslam Chair Hassan Rafique Mr Trustee Ismaiel Khan Trustee Anton Blair Trustee

Charity registration Number

1186224

Registered Office

Jamia Masjid Sultania Sneinton NG2 4LQ

Accountants

Solutions Accountants & Financial Services Ltd 149 Radford Road Nottingham NG7 5EH

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LOVE, MERCY, HOPE

REGISTERED CHARITY NUMBER 1186224 Independent Examiner’s Report FOR THE YEAR ENDED 07 May, 2022

07/03/2023

Respec�ve responsibili�es of trustees and examiner :

The charity’s trustees are responsible for the prepara�on of the accounts. The charity’s trustees consider that an audit is not required for this year under sec�on 144 of the Chari�es Act 2011 (the Chari�es Act) and that an independent examina�on is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examina�on was carried out in accordance with general Direc�ons given by the Charity Commission. An examina�on includes a review of the accoun�ng records kept by the charity and a comparison of the accounts presented with those records. It also includes considera�on of any unusual items or disclosures in the accounts and seeking explana�ons from the trustees concerning any such maters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those maters set out in the statement below.

Independent examiner’s statement,

In connec�on with my examina�on, no mater has come to my aten�on:

the accoun�ng requirements of the Chari�es Act have not been met; or

Signed :

QaziArshad


Qazi Naveed Arshad

Director Solutions Accountants & Financial Services Ltd 149 Radford Road Nottingham NG7 5EH

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LOVE, MERCY, HOPE

REGISTERED CHARITY NUMBER 1186224

INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 07 May, 2022

Note Unrestricted Restricted Total Total funds Funds Funds Funds

2022
£
£
£

Income resources
Income from generated funds:
Donations
2
48,458 71,833 120,291
Grant from Council
Grant from other Caritable organisations
Gift Aid
Total Incoming Resources
Resources expended
Charitable activities
3
20,033
20,033
68,491
71,833
140,324
68,604 79,433 148,037
Support Cost
4
Total resources expended
Net Incoming/outgoing Resources
Investment (deficits)/surpluses
Net Movement in funds before Transfers
Gross Transfers between fundsNet
Movement in funds for the year
funds B/F
Total funds carried forward
496 -
496
69,100
79,433
148,533
(609)
(7,600)
(8,209)
-
-
-
(609)
(7,600)
(8,209)
3,566 25,907 29,473
2,957
18,307
21,264
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LOVE, MERCY, HOPE BALANCE SHEET
REGISTERED CHARITY NUMBER 1186224
FOR THE YEAR ENDED 07 May, 2022
£

48,458
20,033
£
71,833
2022
£

120,291
20,033
2021
£
113,328
18,000
7,500
1,145
2021
£
113,328
18,000
7,500
1,145
68,491 71,833 140,324 139,973
68,604
496
79,433
-
148,037
496
109,020
1,481
69,100 79,433 148,533 110,501
(609) (7,600) (8,209) 29,472
- - - -
(609) (7,600) (8,209) 29,472
3,566 25,907 29,473 -
2,957 18,307 21,264 29,472
Current Assets
Cash in Hand & at Bank
Creditors: amounts falling due
within one year
Total Assets less current
£
7
Note
£
£
21,714
29,472
450
2022
2021
liabilities
Net Assets
CAPITAL RESERVE
Accumulated Surplus Account
5
21,264
21,264
21,264
21,264
29,472
29,472
29,472
29,472

The Trustees acknowledge their responsibilities for:

1) complying the with the requirements of charity 2011 Act i.e. Charity keeps appropriate accounting recoreds for preparation of Financial statements.

2) Charity has Prepared the accounts which give a true and fair view of the state of affairs of the charity end of the financial year 2021, and of its income and expenditure account, in accordance with the requirements of charity Act 2011.

These accounts have been delivered in accordance with the provision applicable to small charities, and in accordance with the financial reporting standard for smaller Entities were approved by the Management committee.

TRUSTEE Ismaiel Khan


The Notes on page 5 & 6 form part of this �inancial statement.

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LOVE, MERCY, HOPE REGISTERED CHARITY NUMBER 1186224

Notes forming part of these financial statements FOR THE YEAR ENDED 07 May, 2022

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 2015)',

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.

Tax status

The charity seen has a charitable status and hence exempt from Tax on its charitable activities

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

FUND ACCOUNTING

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

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 resoueces

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.

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Notes forming part of these financial statements FOR THE YEAR ENDED 07 May, 2022

Notes

Donations
Others
3
Charitable Activities
Direct Costs / Donations
4
Support Cost
Bank Charges
Administration Expenses
Advertising & Fundraising Expenses
Accountancy Fees
2022
£
120,291
20,033
140,324
2022
£
148,037
148,037
2022
£
-
46
-
450
2021
£
113,328
26,645
139,973
2021
£
109,020
109,020

2021
£
10
1,192
279
-

2

496

1,481

5 Accumulated Surplus

5
Accumulated Surplus
Donations and Legacies
Deficit/Surplus
Excess of income over expenditure
Balance
£
29,472
(8,208)
21,264
-
29,472
29,472

6 Trustees remuneration and benefits

There were no trustee's remuneration or other benefits for the subject accouting period

7 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Other creditors: Accountancy Fees
-
-
2022
£
450
~~450~~
2021
£

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