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2024-04-01-accounts

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Trustees’ report and Financial Statement for the period ended. 01 April 2024 for Free the Forgotten

Registered Charity number 1188376

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Free The Forgotten

Index to the Financial Statements For the period ended 01 April 2024

Page
Index to the Financial Statement 2
Organisation Information 3
Report of the Trustees 4-6
Statement of Financial Activities 7-8
Balance Sheet 9
Notes to the Financial Statements 10-11
Accountants’ Report to the Members 12

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Free the Forgotten

Organisation Information For the period ended 01 April 2024 TRUSTEES: Abdillahi Mohamed (Chair) Zaki Elmi (Treasurer) Amina Hussein (Trustee) Anisa Mohamed (Trustee) Web: www. freetheforgotten.org/ Email: info@freetheforgotten.org REGISTERED OFFICE: 220 Church Road London NW10 9NP BANKERS: Royal Bank Scotland Northwest House, 119 Marylebone Road. London NW1 5PY

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Free the Forgotten

Report of the Trustees

For the period ended 01 April 2024

The Trustees of the Organisation present their report and statement of financial activities of the Organisation for the period ended 01 April 2024

The accounts have been prepared by the accounting policies set out in note 1 to the accounts and comply with the charities governing document, the Charities Act 2011 and Statement of Recommended Practices —Accounting and Reporting by Charities revised 2015.

PRINCIPAL ACTIVITY

The principal activity of the organisation in the year under review was the provision of advice and guidance and community events, in line with the principle of the organisation that promotes community cohesion and integration.

This report provides an overview of our activities, achievements, and financial performance over the past year, demonstrating our commitment to our mission of supporting marginalized and forgotten communities around the world.

2. Our Mission and Objectives

Free The Forgotten Charity is dedicated to empowering and supporting vulnerable individuals and communities who have been marginalized, forgotten, or overlooked. Our mission is to provide essential resources, education, and advocacy to help these individuals achieve a better quality of life, uphold their rights, and promote social justice.

Our key objectives are:

To provide immediate relief and support to marginalized communities through food, shelter, education, and healthcare programs.

To advocate for the rights of those who are oppressed or forgotten by society, amplifying their voices on local, national, and international platforms.

To build sustainable development initiatives that foster independence, resilience, and long-term growth in underprivileged communities.

3. Achievements and Activities

Over the past year, Free The Forgotten Charity has made significant strides in delivering impactful programs and services. Below are some of the key achievements:

3.1 Humanitarian Relief Programs

Emergency Food and Shelter Aid: Provided emergency food and shelter to over 10,000 individuals in conflict-affected and disaster-prone areas. Our outreach teams worked tirelessly in partnership with local organizations to ensure aid reached those most in need.

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Healthcare Initiatives: Launched mobile health clinics in three rural regions, providing essential healthcare services, including vaccinations, maternal health care, and basic medical check-ups, to over 5,000 individuals.

3.2 Educational Programs

Community Learning Centres: Established five community learning centres, which provide education to over 2,000 children and adults. These centres focus on basic literacy, numeracy, vocational training, and life skills.

Scholarship and Mentorship Program: Awarded scholarships to 150 underprivileged students and provided mentorship programs to guide them through their educational journeys.

3.3 Advocacy and Awareness Campaigns

Awareness Campaigns: Conducted three major campaigns on human rights, women's rights, and the plight of refugees. These campaigns reached an audience of over 50,000 people through social media, public forums, and collaborations with other NGOs.

Policy Advocacy: Engaged with policymakers and stakeholders at both the local and national levels to advocate for the rights of marginalized communities, contributing to the drafting of new social policies in London and surrounding areas.

4. Financial Overview

The trustees are pleased to report that Free The Forgotten Charity remains in a healthy financial position. Our income for the year totalled £ [Insert Amount], compared to £ [Insert Amount] in the previous year. The main sources of income were as follows:

Grants and Donations: £25,500 Fundraising Events: £34,898 Other Income: £10,012 Total Income for the year £70,410.00

TRUSTEES

Trustees during the year under review were:

Abdillahi Mohamed (Chair) Zaki Elmi (Treasurer) (Secretary) Amina Hussein (Member)

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STATEMENT OF TRUSTEES’ RESPONSIBILITIES

Organisation law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Organisation and of the profit or loss of the Organisation for that period. In preparing those financial statements, the Trustees are required to

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Organisation and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the Organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE BOARD OF TRUSTEES:

Abdillahi Mohamed - Chair

Dated: 05.09.2024 Dated: 05.09.2024

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FREE THE FORGOTTEN Detailed profit and loss account items for the year ended 1 April 2024

Income
Grants and donations
Other income
Other income
Staff costs
Wages and salaries
Employer's NI
Staff training and welfare
Travel and subsistence
Motor expenses
Events
Depreciation and other amounts written off assets
Depreciation
Other charges
Premises costs:
Rent
Light and heat
General administrative expenses:
Telephone and internet
Postage
Stationery and printing
Courier services
Information and publications
Subscriptions
Insurance
Software
Repairs and maintenance
Legal and professional costs:
Accountancy fees
Consultancy fees
Advertising and PR
Other legal and professional
Other
Subcontractor costs
Commissions payable		 2024
£
35,512
34,898
70,410
20,549
-
1,900
-
815
1,629
24,893
200
2,600
2,464
5,064
1,359
-
770
420
-
130
222
491
506
3,898
650
550
-
723
1,923
11,075
8,625		 2023
£
73,129
15,314
88,443
26,530
36
-
201
-
2,062
28,829
200
2,290
1,844
4,134
1,938
55
755
-
205
-
228
188
2,900
6,269
550
8,320
54
477
9,401
23,106
12,729

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Resources expended
Surplus/ (deficit)
Balance brought Forward
Balance Carried Forward		 19,700
55,678
14,732
4,665
19,397		 35,835
84,668
3,775
890
4,665

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FREE THE FORGOTTEN Registered number: 1188376 Balance Sheet as at 1 April 2024

Fixed assets
Current assets
Creditors: amounts falling due within
one year
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after
more than one year
Net assets
Capital and reserves
Average number of employees
FREE THE FORGOTTEN		 23,054
(1,005)		 2024
£
400

22,049
22,449
(3,052)
19,397
19,397
Number
4		 8,119
(1,302)		 2023
£
600

6,817
7,417
(2,752)
4,665
4,665
**Number **
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The financial statements set out on pages 4 to 7 were approved and authorised for issue by the Trustees on 5[th ] September 2024 and signed on behalf of the charity' trustees by

Abdillahi Mohamed

Chair Approved by the board on 05/09/2024

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FREE THE FORGOTTEN

Notes to the Accounts

for the year ended 1 April 2024

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the both the requirements of the Charities Act 2011 and the Statements of Recommended Practice (SORP), “Accounting and Reporting by Charities” published in 2005.

Fund accounting

Unrestricted funds are available for use as the discretion of the trustees in furtherance of the charity’s objectives and restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donors or which have been raised by the charity for particular purposes.

Incoming resources

All Incoming resources are included upon receipt by the charity. Donations are only included in the receipts and payments account when the charity has unconditional entitlement to the resource.

Resources expended

Expenditure is recognised upon payment. As all liabilities are usually settled immediately, the charity does not carry over any material liabilities to subsequent periods.

Expenditure is accounted for under heading that relate to the nature of its purpose.

Charitable activity costs are those costs incurred directly in support of expenditure on the objects of the charity.

Grants and Donations

Grants and donations are accounted for on accruals basis. All grants have been brought into account for the period in which they relate to.

The funding received during the period was to fund the charities main objectives.

Depreciation

No Depreciation has been provided for the period.

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Creditors: amounts falling due within one year
2024
£
Other creditors
Professional Fees
650
3
Statement of Financial activities
2021
£
At 2 April 2023
4665
Surplus for the year
14732
At 01 April 2024
19,397
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Grants, Donations and Other Income
Church Road Business Ltd 500
Training Income 10,012
Donations from the public 34,898
GLA Capacity building 24,500
Sports Foundation500
Total Income for the year 70,410		 2023
£
550

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No transactions other than the refund of out of pocket expenses for the trustees

of the Charity took place during the year under review

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Independent examiner’s fees
Accounts preparations
Independent examination
 2024
500
150
650

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Independent Examiner’s report to the trustees of Free the Forgotten

We report on the accounts of Free the Forgotten for the period ended 01 April 2024.

Respective Responsibilities of the Trustees and Examiner

As the Project’s Management Committee, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 2011 (the Act) does not apply and that an independent examination is needed.

It is our responsibility to examine the accounts under section 43 of the Act, to follow the procedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, and to state whether particular matters have come to our attention.

Basis of Independent Examiner’s Report

Our examination was carried out by General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Project 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 you as Management Committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and we do not express an audit opinion on the view given by the accounts.

Independent Examiner’s Statement

In the course of our examination, no matters have come to our attention:

............................................. 05 Sept 2024 Anderson Pierce and Co Accountants and Business Advisers 14 Alexandria Rd London W13 0NR

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