LOVE, MERCY, HOPE
REGISTERED CHARITY NUMBER 1186224
FINANCIAL STATEMENTS FOR THE YEAR ENDED 07 May, 2023
LOVE, MERCY, HOPE FINANCIAL STATEMENTS FOR THE YEAR ENDED 07 May, 2023
| CONTENTS | 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, 2023
Trustees
Ahmed Aslam Chair Hassan Rafique Mr Trustee Ismaiel Khan Trustee Anton Blair Trustee
Charity registration Number
1186224
Registered Office
DG House 6 Little Tennis Street Nottingham NG2 4EL
Accountants
Solutions Accountants & Financial Services Ltd 149 Radford Road Nottingham NG7 5EH
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27/02/2024
LOVE, MERCY, HOPE REGISTERED CHARITY NUMBER 1186224 Independent Examiner’s Report FOR THE YEAR ENDED 07 May, 2023
Respective responsibilities of trustees and examiner :
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
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i. examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity
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ii. Commission (under section 145(5)(b) of the Charities Act), and
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iii. to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. 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 matters set out in the statement below.
Independent examiner’s statement,
In connection with my examination, no matter has come to my attention:
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1) which give me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act;
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to prepare accounts which accord with the accounting records and comply with
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the accounting requirements of the Charities Act have not been met; or
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2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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, 2023
| Note Income resources Income from generated funds: Donations 2 Gift Aid Total Incoming Resources Resources expended Charitable activities 3 Support Cost 4 Total resources expended Net Incoming/outgoing Resources Investment (deficits)/surpluses Net Movement in funds before Transfers Gross Transfers between funds Net Movement in funds for the year funds B/F Total funds carried forward |
Unrestricted Restricted Total Total funds Funds Funds Funds 2023 2022 £ £ £ £ 99,627 162,183 261,810 120,291 36,149 - 36,149 20,033 |
|---|---|
| 135,776 162,183 297,959 140,324 |
|
| 77,199 223,505 300,704 148,037 450 - 450 496 |
|
| 77,649 223,505 301,154 148,533 |
|
| 58,127 (61,322) (3,196) (8,209) |
|
| - - - - |
|
| 58,127 (61,322) (3,196) (8,209) |
|
| 2,957 18,307 21,264 29,473 |
|
| 61,084 (43,015) 18,068 21,264 |
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LOVE. MERCY. HOPE REGISTERED CHARITY NUM8ER 11B6224 BALANCE SHEET FOR THE YEAR ENDED 07 Ma 2023 Not• 2023 20 Cuvr•nt Aam C88h in H&nd & al B•rAt 18. 21,71 Cr•dltorn.' amount• lalllrw du• wllhln on• ye•r Tolal AsMl• lewd rurrwnt 4X) 18.C68 21.264 18.068 21.264 18.rA8 2t2e4 18, 21.264 kn 11 CryDn9 with ofchty 2011 Acti• •ethnbty k¥ew8bty)OtFinerKJal sr4t•mBDts 21 Ch•ityh•s Prep•r•l l•ir woitr•$*diffcitréd• Or ol lh• finar1 •1 2021, •ThJ Iwnuof¢hantyAa 2011 CIWPITrUSTEE Alwn•d Allam TheNOtrsonSe5aofvrMPlrt0[Ihd0lstoteMe
LOVE, MERCY, HOPE
REGISTERED CHARITY NUMBER 1186224 Notes forming part of these financial statements
FOR THE YEAR ENDED 07 May, 2023
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, 2023
Notes
| 2 Donations and Legacies Donations Others 3 Charitable Activities Direct Costs / Donations 4 Support Cost Administration Expenses Accountancy Fees 5 Accumulated Surplus Deficit/Surplus Excess of income over expenditure Balance |
2023 £ 261,810 36,149 297,959 2023 £ 300,704 300,704 2023 £ - 450 450 2023 £ 21,264 (3,196) 18,068 |
2022 £ 120,291 20,033 |
|---|---|---|
| 140,324 | ||
| 2022 £ 148,037 |
||
| 148,037 | ||
| 2022 £ 46 450 |
||
| 496 | ||
| 2022 £ 29,473 (8,209) |
||
| 21,264 |
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
| Other creditors: Accountancy Fees | 2023 2022 £ £ 900.00 450.00 900.00 450.00 |
|---|---|
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Trustees’ Annual Report for the period
From 08/05/2022 To 07/05/2023
Charity name: LOVE MERCY HOPE
Charity registration number: 1186224
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To work together with global and local communities in bringing Love mercy and hope to those who need it most. In this we hope to bring benefit, relieve and assist victims of poverty, natural disaster, or catastrophe, by the supply of food, water and moral support. We also hope to inspire to educate. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
During the past year we have been busy with different projects in relation to fulfilling our purpose. A summary of these activities are as follows: We delivered food packs to the most vulnerable during the first lockdown of the covid pandemic. We provided free education lessons for men and women alike. We provided many water wells around Pakistan, Uganda and Ghana We handed out books in Ghana. Clothes and shoes have been provided to the needy in Uganda. We supported local charities and helped them in particular sporting facilities We had a sustainable goats and livestock project in Malawi as well as tree project in Zambia We have continued he building work of a spiritual sanctuary Ghana. |
| We have sent Food packages to feed the hungry in Uganda, Ghana, Pakistan, Malawi, Zambia, and UK provided Hot meals to the needy of South Africa via various registered charities. We performed a Homeless patrol in Nottingham which sparked the starting up of an ongoing project which we call Rumi’s Table where we provide hot and cold food for the homeless, refuge and needy communities of Nottingham every Saturday evening. We provided winter essentials and clothing for homeless people in Nottingham. We provided winter, hot food, blankets and sweets to the vulnerable people of Sindh in Pakistan via hope for mankind We have given peoples gifts and meat distribution in Uganda, Malawi, Zambia and Ghana. We helped Gaza and Palestinian refugees via registered charities. |
||
|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | We can confirm that all trustees have high regards to the guidelines issued by the Charity Commission on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | We have served food to over 9000 people in Ghana, 30,000 people in Uganda, 60,000 people in Zambia and Malawi We have almost completed the community centre in Ghana. That will also serve as a place of worship as well as an open kitchen in Ghana. Over 600 plus wells in Pakistan are providing clean and safe water to villages once in need of safe drinking water. We have served food to over 45,000 hungry people in south Africa. We established Rumi’s table, an outdoor food distribution project where we serve up to 150 hot meals to the homeless per week in uk, and 350 people in south Africa per week, 100 in Lesotho, 300 in Zambia per week and 500 in Uganda per month. We distributed seasonal greeting card and chocolates to local people and businesses. In Ramadhan we send funds to serve 100 people in Ghana daily as well as 200 people daily in Uganda, South Africa, Malawi and Zambia to help them open and break their fast. We distributed Qurans in schools in Ghana and Pakistan |
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 set
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | We have ended the period with a balance of £18,968 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | There are no set amounts reserved but we have a small balance in our bank accounts so that we are not overdrawn incurring bank charges. |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | Being a newly set-up charity with no staff costs or other liabilities we intend to use up the income on our ongoing projects eachyear. |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
26/10/2019 | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 |
Trustee deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Election is done via vote among the current trustees. We consider long serving volunteers with outstanding performance and approach them to offer appointment. |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | We have MOU’S with Hope For Mankind and Lighthouse Community Foundation |
| Other |
Reference and Administrative details
| Charity name | Love Mercy Hope |
|---|---|
| Other name the charity uses | LMH |
| Registered charitynumber | 1186224 |
| Charity’s principal address | Love Mercy Hope DG House 6 Little Tennis Street Nottingham NG2 4EL |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Ahmed Aslam | Chair | 17thNovember 2019 | ||
| Ismaiel Khan | Trustee | 17thNovember 2019 | ||
| Anton Blair | Trustee | 17thNovember 2019 | ||
| Hassan Rafique | Trustee | 20thNovember 2020 | ||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Additional information (optional) Names and addresses of advisers (Optional information) |
Additional information (optional) Names and addresses of advisers (Optional information) |
Additional information (optional) Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Name of chief executive or names of senior staff members (Optional information) | ||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations Th• truste•s d•clarn that they have approv•d th• tru8t•••' r•port ¥bov•. Slgn¢d on b•half olthe charity's trusteos Sign•tur•(•l li Full namdsl Positlon leg Secrelary. Chair. ¢tri ft14f o 44 CHAIL Dat• 27ffj¥2024