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2023-05-31-accounts

Charity registration number 1187075

SAVE ONE LIFE

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

SAVE ONE LIFE

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Senior management

Charity number

Kaisar Raja Rihaan Anjum CEO Kaisar Raja Chair Waqas Ahmed Trustee Addeel Khan Trustee Fasil Raja Trustee Zishaan Anjum Trustee 1187075

SAVE ONE LIFE

CONTENTS

Page
Trustees' report 1 - 6
Independent examiner's report 7
Statement of financial activities 8
Balance sheet 9
Statement of cash flows 10
Notes to the financial statements 11 - 19

SAVE ONE LIFE

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MAY 2023

The trustees present their annual report and financial statements for the year ended 31 May 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's [governing document], the Charities Act 2011 and "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

The overall aim of the charity is the prevention or relief of poverty anywhere in the world by providing or assisting in the provision of shelter, food aid, medical aid, education, training,

healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.

In furtherance of its objectives, the charity also assists in the relief of poverty, destitution and suffering among victims of war or natured disaster, trouble, or catastrophe in the form of shelter,

food aid, money (or other means deemed suitable) for persons, bodies, organisations and/or countries anywhere in the world affected including the provision of medical aid. It also provides education for orphans.

Activities to achieve these purposes

At Save One Life we want to give people the choice in how to recover from crisis by giving them cash assistance and improved access to humanitarian aid. We want to maintain their dignity and move them away from dependency.

Our vision is a world in which every human being has the means to support their basic needs with dignity.

In order to deliver our aims we have delivered a range of programmes specifically focused in Gaza since 2020, some of which continued into 2022-23. This included:

However, we are now focussed on providing financial assistance only, and have concluded our other programmes.

SAVE ONE LIFE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023

Our funding

The charity carried out a number of activities during the year to raise funds for our programmes and associated costs. Some of these have been highlighted below:

Public benefit

In shaping the objectives for the year and planning the charity's activities, the trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'Public benefit: running a charity (PB2}'. It is the trustees' opinion that the operation of the charity in its present form is for the public benefit under the principles set out in the Charity Commission guidance.

Volunteers

Our volunteers

From the very beginning of our journey, we have relied on dedicated and committed volunteers to help us deliver our work. We have 20 registered volunteers who have supported us to deliver several community and fundraising events, such as the Gaza Grand Prix go-karting fundraiser, the annual Al-Noor Boat Race, a charity football tournament, as well as fundraising treks and walks.

Our volunteers have also been critical in taking donations via a call centre when we have taken part in live TV fundraising appeals, as well as supporting at over 30 mosque collections.

All volunteers are required to register with us and can attend an annual volunteer event, where the work of the organisation and the roles they are required to play are explained.

SAVE ONE LIFE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023

Achievements and performance

Significant activities and achievements against objectives

Charitable activities

During the year under Save One Life spent £717,313 (2022: £911,272) on charitable activities to fund the various projects in place for the vulnerable families in Gaza.

Review of Development, Activities and Achievement

There were a few projects that were in progress during the year. Towards the end of 2022, some programmes were closed to allow the charity to focus on Financial Assistance.

The Financial Assistance Programme – our flagship programme – provides direct financial assistance to families in Gaza. These distributions are often the only form of income for the most vulnerable families in Gaza. More importantly, they give them the choice in how to meet their essential needs.

The money is spent with local traders and helps stimulate the local economy and ensure the impact of the aid benefits the local community as well as individual households.

Education is my right: Since 2019 we have been providing a class of 30 orphans with a high-quality education in Gaza. This was ongoing during the year. This included school fees, uniforms, a school bag, school books and stationery, transport, and school meals. This programme was concluded in December 2022 and closed.

Tree for Life: The main aim of the Tree for Life programme was to revitalise the olive industry in Gaza by planting olive trees, which are a source of livelihood for thousands of vulnerable families in Gaza. This programme was also closed towards the end of 2022.

Hydrate: The Hydrate Gaza programme provided access to safe and clean water to families in Gaza. Clean drinking water is an essential human need. The project involved the installation of water tanks at the homes of the needy and the water tanks were filled on a monthly basis with clean water. This programme was closed towards the end of 2022.

Ansar Fund/Administration expenditure: 100% of all donations received are donated to the relevant cause. For general administration purposes and to fund all the charitable activities, to promote the charity, there is a separate Ansar Fund where donations received towards this fund are used for these purposes. This remains open to cover all running costs of the charity.

Financial review

The total donations received for the year amounted to £838,366 (2022: £1,135,751), marking an expected decrease of 26.18% compared to the previous year which featured a drive towards a one-million-pound fundraising target.

It's worth noting that this total includes an additional £190,410 (2022: £60,405) generated through various other fundraising activities such as collections at Mosques and various fundraising events. Additionally, with the charity's collaboration with fundraising platforms, the charity was able to secure £73,610 (2022: £122,007) through Gift Aid Claims.

Furthermore, during the year under review, Save One Life transferred £707,313 to its partners in Turkey to fund the various projects in Gaza. This represented an expected reflection to the amount of donations received in the period.

In summary, the charity's financial position and results showcase stability, continuity, diversification in fundraising efforts, successful collaborations, and prudent financial management. These achievements not only highlight the organisation's dedication but also reinforces its capacity to make a meaningful impact on its mission.

SAVE ONE LIFE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Plans for future periods

The charity has moved to closing a number of its current projects in order to focus solely on providing financial assistance.

This decision has been based on several factors. Firstly, feedback from beneficiaries has shown that the financial assistance is a much more empowering form of charity that can be tailored and used for individual needs. Secondly, there are several other charities delivering education, clean water and olive tree projects in Gaza. Finally, the size of our organisation and the resources at our disposal means it is better for us to focus on one area where we can specialise in and deliver quality over quantity. Financial assistance is a more efficient way of delivering aid compared to material goods, but there are costs to distributing cash aid securely and legally. Therefore, we will review our financial and resourcing model accordingly to ensure we have the funds we need to raise and deliver financial assistance.

The charity also implemented plans from the previous year to recruit a paid staff position within the organisation to ensure all required financial, regulatory, and operational requirements will be adhered to. This commenced in November 2022.

SAVE ONE LIFE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023

Structure, governance and management

Governing document

Save One Life is controlled by its governing document, a deed of trust and constitutes a Charitable Incorporated Organisation (CIO) whose only voting members are its trustees.

Charity constitution

Save One Life is governed by its constitution which was set up on 1 November 2019.

Recruitment and appointment of new trustees

The trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Each Save One Life trustee is unpaid and has a specific area of expertise that they lead, such as Finance and risk, Fundraising, Volunteering, Marketing and communications; Administration and policy; and Programme Delivery.

Trustees are appointed by the Board of Trustees. Induction training is given to the Induction trustees on appointment and the guidelines provided by the Charity Commission as per The Essential Trustee publication are followed. New trustees receive training from an existing trustee about the charity and their responsibilities as a trustee and are given a copy of the Charity Commission's guide for new trustees and the constitution of the Charity. On-going training is provided as required.

Organisational structure

In order for effective day-to-day running of the charity during the year the board of trustees consisted of:

a) Mr Kaisar Raja b) Mr Addeel Khan c) Mr Faisal Raja d) Mr Waqas Ahmed e) Mr Zishaan Anjum

They have been given the powers of execution by the board of trustees and can enter into legal obligations, which will bind the charity. The power of appointing a new trustee of the charity is vested with the Board of Trustees.

SAVE ONE LIFE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023

Risk management

The Trustees have a duty to identify and review risks to which the charity is exposed, and to ensure that appropriate internal controls are in place to provide reasonable safeguards against fraud and

human errors. The principal risks and uncertainties faced by the charity are as follows:

The trustees have taken the following measures to mitigate some of the risks:

The trustees' report was approved by the Board of Trustees.

Kaisar Raja Trustee

31 March 2024

SAVE ONE LIFE

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SAVE ONE LIFE

I report to the trustees on my examination of the financial statements of SAVE ONE LIFE (the charity) for the year ended 31 May 2023.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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 financial statements to be reached.

Waqas Iqbal BSc (Hons) ACA CTA

Dated: 31 March 2024

SAVE ONE LIFE

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MAY 2023

Unrestricted
Restricted
funds
funds
2023
2023
Notes
£
£
Income from:
Donations and legacies
3
135,505
507,032
Charitable activities
4
2,279
3,140
Fundraising events
5
48,505
141,905
Total income
186,289
652,077
Expenditure on:
Raising funds
6
50,394
-
Charitable activities
7
47,679
707,314
Support Cost
-
-
Total expenditure
98,073
707,314
Net income/(expenditure) and
movement in funds
88,216
(55,237)
Reconciliation of funds:
Fund balances at 1 June 2022
198,679
17,973
Fund balances at 31 May
2023
286,895
(37,264)		 Total
Unrestricted
Restricted
funds
funds
2023
2022
2022
£
£
£
642,537
152,265
922,491
5,419
590
-
190,410
1,455
58,950
838,366
154,310
981,441
50,394
-
26,669
754,993
66,755
913,254
-
1,982
15,416
805,387
68,737
955,339
32,979
85,573
26,102
216,652
74,106
30,870
249,631
159,679
56,972		 Total
2022
£
1,074,756
590
60,405
1,135,751
26,669
980,009
17,398
1,024,076
111,675
104,976
216,651

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

SAVE ONE LIFE

BALANCE SHEET

AS AT 31 MAY 2023

Notes
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within
one year
13
Net current assets
Total assets less current liabilities
The funds of the charity
Restricted income funds
15
Unrestricted funds		 2023
£
26,254
224,930
251,184
2,880		 £
1,327
248,304
249,631
(37,264)
286,895
249,631		 2022
£
5,999
216,412
222,411
5,760		 £
-
216,651
216,651
56,972
159,679
216,651

The financial statements were approved by the trustees on 31 March 2024

Kaisar Raja Trustee

SAVE ONE LIFE

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MAY 2023

Notes
Cash flows from operating activities
Cash generated from operations
19
Investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Net cash used in financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2023
£
(2,559)		 £
11,076
(2,559)
-
8,517
216,412
224,930		 2022
£
-		 £
111,436
-
-
111,436
-
216,412

SAVE ONE LIFE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

1 Accounting policies

Charity information

SAVE ONE LIFE is a charitable incorporated organisation.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

SAVE ONE LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant & Machinery Over 5 years, straight line method. Fixtures & Fittings Over 5 years, straight line method. Computers Over 5 years, straight line method.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

SAVE ONE LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

SAVE ONE LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023

3 Income from donations and legacies

Unrestricted
Restricted
funds
funds
2023
2023
£
£
Donations and gifts
61,895
507,032
Gift Aid
73,610
-
135,505
507,032
Donations and gifts
Other
61,895
507,032
61,895
507,032
Income from charitable activities
Unrestricted
Restricted
funds
funds
2023
2023
£
£
Income from sales
Product sales
2,279
3,140
Income from fundraising events
Unrestricted
Restricted
funds
funds
2023
2023
£
£
Fundraising events
48,505
141,905
Expenditure on raising funds
Unrestricted
Restricted
funds
funds
2023
2023
£
£
Fundraising and publicity
Seeking donations, grants
and legacies
50,394
-		 Total
Unrestricted
Restricted
funds
funds
2023
2022
2022
£
£
£
568,927
30,258
922,491
73,610
122,007
-
642,537
152,265
922,491
568,927
30,258
922,491
568,927
30,258
922,491
Total
Unrestricted
Restricted
funds
funds
2023
2022
2022
£
£
£
5,419
590
-
Total
Unrestricted
Restricted
funds
funds
2023
2022
2022
£
£
£
190,410
1,455
58,950
Total
Unrestricted
Restricted
funds
funds
2023
2022
2022
£
£
£
50,394
-
26,669		 Total
2022
£
952,749
122,007
1,074,756
952,749
952,749
Total
2022
£
590
Total
2022
£
60,405
Total
2022
£
26,669

4 Income from charitable activities

5 Income from fundraising events

6 Expenditure on raising funds

SAVE ONE LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023

7 Expenditure on charitable activities

Charitable
expenditure
Support
costs
2023
2023
£
£
Direct costs
Staff costs
4,806
-
Depreciation and
impairment
1,232
-
Charitable Activities
707,311
-
Professional membership
1,051
-
Bank Charges
468
-
Charity Management &
Administration
122
-
Equipment Cost
3,124
-
Marketing
12,725
-
General Expenditure
3,056
-
Telephone & Stationery
9,520
-
Utilities
1,137
-
IT Consumables
342
-
Travel & Subsistence
899
-
745,793
-
Share of support and governance costs (see note )
Rent
-
9,200
745,793
9,200
Analysis by fund
Unrestricted funds
38,479
9,200
Restricted funds
707,314
-
745,793
9,200		 Total
Charitable
expenditure
2023
2022
£
£
4,806
-
1,232
-
707,311
948,290
1,051
1,981
468
-
122
-
3,124
-
12,725
17,143
3,056
8,080
9,520
2,315
1,137
-
342
-
899
-
745,793
977,809
9,200
-
754,993
977,809
47,679
64,555
707,314
913,254
754,993
977,809		 Support
costs
2022
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,200
2,200
2,200
-
2,200		 Total
2022
£
-
-
948,290
1,981
-
-
-
17,143
8,080
2,315
-
-
-
977,809
2,200
980,009
66,755
913,254
980,009

8 Trustees

None of the trustees received a remuneration or benefits from the charity during the year.

Rihaan Anjum is the CEO and the sibling of Zishaan Anjum (Trustee), he received a remuneration of £4,806 (2022: £Nil) during the year, this has been included in wages.

One trustee was reimbursed for an amount of £1,000 (2022: £ Nil) and £75 (2022: £ Nil), this is included in fundraising expenditure and telephone costs respectively.

SAVE ONE LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023

9 Employees

The average monthly number of employees during the year was:

2023 2022
Number Number
1 -
Employment costs 2023 2022
£ £
Wages and salaries 4,806 -
There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel

The remuneration of key management personnel is as follows.

Rihaan Anjum is the CEO and received £4,806.

10 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

11 Tangible fixed assets

Plant &
Machinery
Fixtures &
Fittings
Computers
£
£
£
Cost
Additions
250
720
1,589
At 31 May 2023
250
720
1,589
Depreciation and impairment
Depreciation charged in the year
50
864
318
At 31 May 2023
50
864
318
Carrying amount
At 31 May 2023
200
(144)
1,271		 Total
£
2,559
2,559
1,232
1,232
1,327

SAVE ONE LIFE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023

12 Debtors

Amounts falling due within one year:
Other debtors
Prepayments and accrued income
13
Creditors: amounts falling due within one year
Accruals and deferred income		 2023
£
26,254
-
26,254
2023
£
2,880		 2022
£
-
5,999
5,999
2022
£
5,760

14 Retirement benefit schemes

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

15 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 June At 1 June Incoming Resources At 31 May At 31 May
2022 resources expended 2023
£ £ £ £
10,611 (40,498) (1) (29,888)
Education Is My Right (4,800) 1,917 - (2,883)
Gaza Million 22,584 687,918 (700,000) 10,502
Hydrate (11,789) 1,817 (1,789) (11,761)
ICU Beds & Covid Kits (2,134) 29 - (2,105)
Tree 4 Life 3,501 894 (5,524) (1,129)
17,973 652,077 (707,314) (37,264)
Previous year: At 1 June Incoming Resources At 31 May
2021 resources expended 2022
£ £ £ £
- - 38,999 38,999
30,870 981,441 (994,338) 17,973
30,870 981,441 (955,339) 56,972

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2023

16 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 June At 1 June Incoming Resources At 31 May
2022 resources expended 2023
£ £ £ £
Ansar Fund 198,679 186,289 (98,073) 286,895
Previous year: At 1 June Incoming Resources At 31 May
2021 resources expended 2022
£ £ £ £
General funds 74,106 154,310 (68,737) 159,679
Analysis of net assets between funds
Unrestricted Restricted Total
funds funds
2023 2023 2023
£ £ £
Fund balances at 31 May 2023 are represented by:
Tangible assets 1,327 - 1,327
Current assets/(liabilities) 285,568 (37,264) 248,304
286,895 (37,264) 249,631
Unrestricted Restricted Total
funds funds
2022 2022 2022
£ £ £
Fund balances at 31 May 2022 are represented by:
Current assets/(liabilities) 159,679 56,972 216,651
159,679 56,972 216,651

17 Analysis of net assets between funds

18 Related party transactions

During the year the charity rented a space within an office from Amaana Tours Limited, one of the company's directors, Zishaan Anjum, is a trustee of the charity. The amount of £200 (2022: £2,200) has been included in support costs.

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2023

19
Cash generated from operations
Surplus for the year
Adjustments for:
Depreciation and impairment of tangible fixed assets
Movements in working capital:
(Increase) in debtors
(Decrease)/increase in creditors
Cash generated from operations
20
Analysis of changes in net funds		 2023
£
32,979
1,232
(20,255)
(2,880)
11,076		 2022
£
111,675
-
(5,999)
5,760
111,436

The charity had no material debt during the year.