Human Medical Aid Income and Expenditure Accounts For the Year ended 315t October 2024 Charity Registration Number: 1186419
Human Medical Aid For the Year ended 31st Oetober 2024 CONTENTS Page TTUStees and Professional Advisors Trustees, Report Unaudited Accountant Report Receipts and expenditure account Balance Sheet Notes to the financial statements
Human Medieal Aid CHAIUTY REGISTIL4TION NO: 1186419 TRUSTEES AND PROFESSIONAL ADVISORS TRUSTEES: Mr Mohmed Salim Ebrahim Desai Mr Yusuf Chohan Mr Shiraz Ahmed Ismail Desai REGISTERED OFFICE AND BUSINESS ADDRLSS: 31 Buncer Lane Blackbum BB2 6SE BANKERS: Cashplus Bank P.O.Boc 5525 Manchester M61 OQS Lloyds Bank 25Gresham Street London EC2V 7HN ACCOUNTANTS: Zaheer & Co Accountants 63 Kingsivay Manchester M192LL Page I
Human Medical Aid ACCOUIYTAIYTS. RLPORT OIY THE UIYAUDII'LD bllYANCIAL STAI'LMEjI'S TO THE .1 RLS'I Tr".Tr:S 0 HUlA 1:111(Al. AII) As dc8cribcd on thc balancc %hcct, you arc rc8pon%iblc for thc preparation of the financial statcmcnts for thc pcriod ended 3 1st October 2024 and you consider that the Lharity is exempt fi.om an audit. In aLLordanLe th your instructions we have compiled these unaudited financi81 statements, in order to assist you to fulfil your statutory responsibilities, fTom the accounting records and Inforntion supplied to us. Mr. Farroukh Zllheer IFCCA) Zaheer & CutnpaJ]v Charltred Certlfled Aeeountants and Reglstered Audltors 63 KinRswgy Burnage M#th¢hester 119 21.1. Date.. Page 4
Human Medical Aid Ineome and Ex enditure Accounts For the Year ended 31st October 2024 2024 estricte 2023 Total otes General Total Incoming Resources Receipt8 & Donation 42,950 42,950 40,471 Total Incotning Resources 42,950 40,471 Resources Expended Direct charitable expenditures 85,933 85,933 40,381 Total Resources Expended 85,933 85,933 40,381 Net DeficiVSurplu5 for the year (42,983) (42,983) 90 Total Funds Brought Fonvard 48,338 48,338 48,248 Total Funds Carried Forward 5,355 5,355 48,338 Page
Human Medical Aid Balance Sheet As At 315t October 2024 2024 2023 Notes Current Assets Cash at bank and in hand 6.075 6,075 48,698 48,698 Creditors Accruals 720 360 720 360 Net Current Assets 5,355 48,338 Net Assets 5,355 48,338 Funds and Reserves Funds Brought Fonvard Deficitlsurplus for the year 48,338 (42,983} 48,248 90 Total Funds and Reserves 5,355 48,338 We approve these accounts and confimi that we have made available all the books , papers infonllation and explanations for its preparation. sign-_______ Mr. Mohmed Salim Ebrahim Desai Date-_____ Page 6
Human Medical Aid Trustees, Re ort The trustees present their annual report and audited financial statements for the p year ended 31st October 2024 and confirm they comply with the Charities Act2011 and the trust deed and the Charities SORP requirements. STRucfuRE. GOVERNANCE AND MANAGEMENT Governing Document Human Medic31 Aid is a charity and registered with the Charity Commission on 18th November 2019 under harity nwnbcr 1186419. Structure The trustees are responsible for the general control and management of the charity. The trustees give their time freely and unless approved by the Board receive no remuneration. The trustees meet together and are responsible for decibions taken in relation lo activities provided by the challly. Recruitment and Appointment of Trustees The existing trustees are responsible for the recruitment and appointment of new trustees Risk Management The trustees assess the risks the charity faces on an ongoing basis and manage them throughout the year. The charity is new and the trustees will put in place policies and procedures as needed to ensure that risks are reduced. OBJECTIVES AND ACTIVITIES Objertives The ob'ects of the charit are summarized as follows:_ To help with relief of sickness and preservation and protection of human health among people around the world by by providing resources, medical equipment and other assistance to hospitals, and medical institutions that may be required. Pagc 2
Strategies Use of volunteers The trustees do not have regular volunteers other than trustees themselves. Reserves policy The trustee5 have reviewed the reserves of the charity. Their poliry is to hold enough funds to meet three months operating costs of the Charity and have surplus funds to respond in emergencies. STATEMENT OF TRUSTEES, RESPONSIBILITIES The charity trustees are responsible for preparing an annual report and financial statement5 in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in Eng13nd and W31es requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to= Select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP; Make judgement5 and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subjert to any materi31 departures disclosed and explained in the financial statements. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the preventioll and detection of fraud and other irregularities. The trustees for the purposes of charity law who served during the year and up to the date of this report ai'e set out on page l. Approved by the trustees and signed on its behalf by.. Date: Page 3
Medltll Ald NOTES TO THE ACCOLTNTS Fur the Year ended 315t OLtober 21124 I. ACCOUNTING POLICIES Basis of accouniin The accounts hai'¢ been pr¢paTed on th¢ historical cost b&5is of accounting and in accordance Ivith applicablc aceounting siandards and comply with ihc Staicmcni of Rccommcnded Pracricc Accounting by ChaTlties. 2..4NALYSIS OF INCOI¥IE ALYD EXPELNDITURE 2U24 Restrieted 20Z3 Total General Total Rcteipts Donaiions 42,950 42,950 40,471 42.950 42.950 40.471 Direct ctlaritable Expenditure Charitable Exp¢nditUTe 5,481 85,481 40,000 Accountancy fees 360 360 360 Bank Lharges 92 92 21 Stationery 85,933 85,933 40,381 NET DEFICTTISURPLUS 142,98.31 42,9831 90 TOTAL Ds B 48.338 48.338 48,248 TOTAL FUNDS CIF 5,355 5.355 48,338 Page 7
Human M¢ditthl Aid Note5 to thc Accounts For the Year endcd 31st October 2024 3. ACCUMULATED FUYDS GENERAL RESTRICTED F'UNDS FUNI)S 2023 TOTAL TOI'AL Bglallee B. l November 2023 48,338 48,338 48,248 Nei D¢fi¢iUSurplus forihe year 142,98.11 142.98.11 90 B4lan¢¢ as ai 31 O¢iob¢r 2024 5.355 5.355 48.338 4. Credltors ATnvunt 4.f.2 Accruals 720 3(A) Total 720 360 Page 8