## **ANNUAL REPORT 2020**
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2020
FOR
HUMANITY FIRST UK (A COMPANY LIMITED BY GUARANTEE)
hfuk.org
CHARITY NUMBER: 1188494 COMPANY NUMBER: 11512888
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020**
## Table of Contents
||**Page**|
|---|---|
|Reference and Administrative Details|1|
|Chairman’s Report|2|
|Trustees' Report|4|
|Independent Examiner's Report|16|
|Statement of Financial Activities|18|
|Balance Sheet|19|
|Cash Flow Statement|21|
|Notes to the Cash Flow Statement|22|
|Notes to the Financial Statements|23|
## REFERENCE & ADMINISTRATIVE DETAILS
|**TRUSTEES**|Mr Mirza Waqas Ahmad|
|---|---|
||Dr Aziz Ahmad Hafz|
||Mr Bockarie Tommy Kallon|
||Dr. Amtul Jamil Fariha Khan|
||Dr Chaudhry Ijaz Ur Rehman|
|**COMPANY SECRETARY**|Mr Bilal Ahmad Waseem|
|**REGISTERED OFFICE**|Unit 27 Red Lion Business Park|
||Red Lion Road|
||Surbiton|
||Surrey|
||KT6 7Q|
|**REGISTERED COMPANY**|11512888 (England and Wales)|
|**NUMBER**||
|**REGISTERED CHARITY**|1188494|
|**NUMBER**||
|**INDEPENDENT EXAMINER**|A.C.T Audit|
||48 Dover Street|
||Mayfair|
||London|
||W1S 4FF|
1
## CHAIRMAN’S REPORT
As we come to the close of 2020, we reflect on an ominous year in which we lost many lives to the global coronavirus pandemic and the world effectively came to a standstill.
For Humanity First the year started with an internal restructuring whereby our charity Humanity First (Reg no. 1149693) took on a global governance role and Humanity First UK was registered on 11th March 2020
Our ongoing work concentrated on countries in West Africa, East Africa, North Africa, the Middle East as well as here in the UK.
The coronavirus pandemic left nations rich and poor struggling to deal with the impact of the emergency both humanitarian and economic. As with many other organisations we rapidly reassessed our commitments and ensured our supported countries were able to respond to the emergency developing at different rates across different countries.
At the same time there was a huge, unprecedented need here in the UK with the pandemic impacting food poverty, PPE provision and people s mental health. Our teams responded rapidly and soon we established a Coronavirus Support Line across the UK as well as our first foodbank in Mirfield, West Yorkshire.
To share our expertise and relationships with the wider population our teams moved into the virtual world with a series of thought leadership lectures highlighting various humanitarian angles of the covid pandemic.
2
As we look ahead to 2021 with the pandemic far from over our focus is on three key
areas.
- strengthening our fundamental basics both in terms of the development of our staff and responders around the world enabling them to serve more effectively
- Developing partnerships with like-minded organisations to ensure that
humanitarian provision reaches the most deserving.
- Advocate our unique strength, our trained responders, and their ability to deliver
effectively around the world.
Dr Aziz Ahmad Hafiz – (Chairman of Board of Trustees)
On 27th September 2021
3
## TRUSTEES' REPORT
The trustees present their report and the financial statements for the year ended 31st December 2020. The trustees who are also the directors for the purposes of companies act 2006 have adopted the provisions of 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).
## STRUCTURE, GOVERNANCE, AND MANAGEMENT
The Charity is constituted as a company limited by guarantee and is therefore governed by its Memorandum and Articles of Association.
## TRUSTEE INDUCTION AND TRAINING
New trustees are appointed in accordance with its Articles of Association. The charity provides opportunities for training of all trustees. The Charity is organised so that the trustees meet regularly to oversee its affairs. The trustees have delegated the management of day-to-day affairs to the chairman.
Humanity First UK benefits from a senior management team that brings with it a wealth of experience at senior executive level from the charity, corporate and humanitarian sectors. Between the team they have over 150 years (cumulative) of experience within the humanitarian and corporate sector. Many have direct experience leading emergency response teams in major disasters.
Continued…
4
## RISK MANAGEMENT
The trustees have a risk management strategy which comprises:
- An annual review of the principal risks and uncertainties that the charity faces. This includes assessing the key success factors, critical dependencies, constraint factors and key milestones and performance indicators and an analysis of the highest impact risks to which charity is exposed
- The establishment of policies, systems, and procedures to mitigate risks
- Strategic and operational plans and an annual budget, and progress reporting against plans and budget
- The implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise
The trustees have identified that the major risks are related principally to the COVID-19 pandemic, the risk of a major fire/flood/building related incident, exposure to a major safeguarding or data privacy incident, and long-term financial sustainability. The Trustees have sought to mitigate risk where possible, particularly relating to ensuring that the organisation has access to appropriate governance, professional expertise, and management capability, and that there are plans for and investment in achieving financial sustainability. On this basis the Trustees are satisfied that all material risks are managed effectively, and that the charity will be funded adequately for the foreseeable future.
Continued…
5
## PUBLIC BENEFIT REPORTING
The key objectives of the charity were attained during the year by continued support and assistance to the people who have suffered from effects of disasters. The charity also continued its sustained projects in the field of disaster response, skills training, healthcare, vocational centres, social uplifting, and education.
The trustees state that they have complied with section 4 of the Charities Act 2006 with regards to public benefit guidance published by the commission.
## EMPLOYMENT POLICY
The Charity believes in the philosophy of an equal opportunities’ employer. The senior executives dedicate their time and professional expertise without any financial renumeration. The market value to Humanity First UK of this time and experience amounts to some £640,000 each year. Humanity First UK also benefits from the support of hundreds of devoted volunteers. Estimated man hours spent on volunteering by volunteers is more than 500 FTE (full time equivalent). The trustees appreciate this and wish to thank everyone involved who have given their valuable time and effort in advancing the Charity's objectives.
6
## OBJECTIVES AND ACTIVITIES
## STRATEGIC OBJECTIVES AND ACTIVITIES
As an international disaster relief and development NGO Humanity First UK
adheres to sphere standards as well as the Code of Conduct for the International Red Cross and Red Crescent Movement and NGO in Disaster Relief.
## STRATEGIC OBJECTIVES
- End hunger, achieve food security and improved nutrition and promote sustainable agriculture.
- Ensure healthy lives and promote well-being for all at all ages.
- Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.
- Ensure availability and sustainable management of water and sanitation for all.
- To foster partnerships and advocacy collaboration for the attainment of our objectives.
## GRANT MAKING
Grants or donations are made to Humanity First UK affiliate organisations who carry out its projects in developing countries. Grants are made with the agreement that they will be spent on projects for which they are provided for.
7
ACTIVITIES Significant Activities
## FOOD SECURITY
- In June 2020 Our first foodbank in Mirfield, West Yorkshire became operational.
- The foodbank has been serving hundreds of families with a walk-in service and home deliveries to the surrounding areas.
• Throughout the year 1,855 food parcels were provided to the vulnerable and needy.
• In 2020 there has been more emphasis on providing training to farmers to help improve crop yields and enable self-sufficiency.
• Milling machines were provided in The Gambia and Ivory Coast. These had a significant impact on the working lives of local villagers by saving valuable time and energy which was utilised more effectively to support their families.
8
## THOUGHT LEADERSHIP
Using industry experts within Humanity First UK and externally we hosted a series of thought leadership lectures. These covered subjects relevant to the Covid pandemic. Areas such as the economic, humanitarian and mental health impact of Covid were discussed in a series of online seminars. Experts included Hugo Slim and Professor Jeremy Howick from the University of Oxford as well as Professor Atif Mian from Princeton University.
## HUMANITARIAN ENGAGEMENT & COORDINATION
We continue to engage with the international humanitarian community by attending the United Nations Global Logistics Cluster bi-annual meetings as well as
representation at the Annual Humanitarian Networks Partners Week at the UN in Geneva
9
## WATER FOR LIFE
- Water for life projects aim to help provide clean water infrastructure throughout the developing world.
- In 2020 new water wells, boreholes and water pumps were installed in The
Gambia, Ivory Coast, Kenya, Guinea Bissau, Uganda, Guinea, Ghana and in Pakistan.
- These installations have had a huge impact by reducing the time spent to collect water. This has allowed women and children particularly to make more effective use of their time in educational and home activities.
- Damaged water installations across many villages were also rehabilitated.
10
## GIFT OF SIGHT
In 2020 gift of sight camps were
organised in which a range of eyes
## KNOWLEDGE FOR LIFE
- Projects to improve classrooms were carried out throughout some
developing countries in Africa as well as new classroom blocks built in Ghana.
-
Due to the impact of Covid lockdowns, some schools and skills centres were closed in Africa therefore Humanity First UK covered the operational costs.
## GLOBAL HEALTH
- A medical team from the United Kingdom conducted outreach camps in remote villages in The Gambia, Guinea Bissau, Guinea, and Ivory Coast.
- Our local medical teams in Uganda, Ivory Coast, and The Gambia continued regular medical outreach camps throughout the
year.
11
## ORPHAN CARE
Hundreds of orphans were supported in Uganda, Kenya, and Guinea Bissau with food, school fees and clothes.
## DISASTER RELIEF
- The coronavirus pandemic has impacted all areas of our work and many resources were realigned to support this disaster.
- In the UK a national coronavirus support line was setup to provide psycho-social support, sign posting to appropriate resources as well as delivering essential items.
- Personal protective equipment was supplied to a range of countries including
- Ghana, The Gambia, Guinea Bissau, Guinea, Uganda, Kenya, and Tunisia. In the UK essential PPE was also provided to the NHS through our partner International Health Partners.
- Our trained disaster responders, responded to floods in Ghana, Guinea Bissau, Kenya, and Uganda by providing essential humanitarian assistance.
12
## STRATEGIC REPORT
## FINANCIAL REVIEW
The charity is dependent on voluntary donations from the public. During the year Humanity First UK has continued to grow its income. Humanity First UK has made a surplus in the year and continues to achieve its objectives and maintain necessary reserves over the year as the trustees consider appropriate. The risk to income is lowering as over the year there have been increase in regular donors. The charity continued to expand its services to its beneficiaries by enhancing support and exploring new avenues to maximise humanitarian impact. The charitable activities and marketing campaigns have created increased publicity during the year and therefore this is expected to have a positive impact on income in the future. In 2020 the charity was able to raise the total income of £599,041 and spend £317,793 on charitable activities.
## INVESTMENT POLICY
The charity has no long-term investments. The trustees are empowered by the memorandum and articles of association to decide on the course of action that they consider appropriate to further the charity s objects.
## RESERVES POLICY
As this is the first operational year of the charity, the aim is to keep reserves of three months of all fixed expenditure. The trustees believe this should provide sufficient funds to facilitate continuity of operations for the medium term. The Charity s long term aim is to hold reserves equivalent to nine months of all fixed expenditure.
Continued…
13
## FUTURE PLANS
The Trustees continue to explore new methods to increase efficiency and effectiveness in achieving the charity s objectives. The Trustees aim to implement a robust plan to actively achieve and promote the objectives of the charity.
## **STATEMENT OF TRUSTEES RESPONSIBILITIES**
The trustees (who are also the directors of the Humanity First UK for the purposes of company law) are responsible for preparing the Trustees Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these 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 judgements and estimates that are reasonable and prudent.
- State whether applicable UK Accounting standards have been followed, subject to any material 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 charitable company will continue in business
Continued…
14
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time of the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In preparing the Trustees Report, the Trustees have taken advantage of the exemption available to small companies and have not prepared a strategic report.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## GOVERNING DOCUMENT
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## EVENTS SINCE THE END OF THE YEAR
Information relating to events since the end of the year is given in the notes to the financial statements.
Trustees' report, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 27 September 2021 and signed on the board's behalf by:
Dr Aziz Ahmad Hafiz - Trustee
15
## INDEPENDENT EXAMINER’S REPORT
Independent examiner's report to the trustees of HUMANITY FIRST UK ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2020.
## RESPONSIBILITIES AND BASIS OF REPORT
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my
examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## INDEPENDENT EXAMINER'S STATEMENT
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Association of Chartered Certified Accountants which is one of the listed bodies.
Continued…
16
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:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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 accounts to be reached.
Pierpaolo Spadoni FCCA
Association of Chartered Certified Accountants
A.C.T Audit 48 Dover Street Mayfair London W1S 4FF Date: 28/09/2021
17
## STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31 December 2020
||||||Period|
|---|---|---|---|---|---|
||||||13.8.18|
|||||Year Ended|to|
|||||31.12.20|31.12.19|
|||Unrestricted|Restricted|Total Funds|Total Funds|
||Notes|£|£|£|£|
|**INCOME AND ENDOWMENTS FROM**||||||
|Donations and legacies|2|317,715|279,203|596,918|1|
|Other trading activities|3|2,123|-|2,123|-|
|**Total**||**319,838**|**279,203**|**599,041**|**1**|
|**EXPENDITURE ON**||||||
|Raising funds|4|11,332|420|11,752|-|
|**Charitable activities**|5|||||
|Charitable activities||182,402|191,968|374,370|-|
|**Total**||**193,734**|**192,388**|**386,122**|**-**|
|**NET INCOME**||**126,104**|**86,815**|**212,919**|**1**|
|**RECONCILIATION OF FUNDS**||||||
|Total funds brought forward||1|-|1|-|
|**TOTAL FUNDS CARRIED FORWARD**||**126,105**|**86,815**|**212,920**|**1**|
The notes form part of these financial statements
18
## BALANCE SHEET
31 December 2020
|Notes
**FIXED ASSETS**
Tangible assets
10
**CURRENT ASSETS**
Stocks
11
Debtors
12
Cash at bank
**CREDITORS**
Amounts falling due within one year
13
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|31.12.20
£
31.12.19
£
**2,210**
-
**372**
-
**34,579**
-
**244,467**
1|
|---|---|
||**-68,708**
-
**210,710**
1|
||**212,920**
1|
||**212,920**
**126,105**
1
**86,815**
-
**212,920**
1|
|||
The notes form part of these financial statements
Company Number: 11512888
19
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements were approved by the Board of Trustees and authorised for issue on
27 September 2021 and were signed on its behalf by:
Dr Aziz Ahmad Hafiz - Trustee
20
Company Number: 11512888
## CASH FLOW STATEMENT
For the year ended 31 December 2020
|Notes
**Cash fows from operating activities**
Cash generated from operations
1
Net cash provided by operating activities
**Cash fows from investing activities**
Purchase of tangible fxed assets
**Net cash (used in)/provided by investing**
**activities**
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|Year Ended
31.12.20
£
Period
13.8.18
to
31.12.19
£
247,781
1
247,781
1
**(3,315)**
**-**
**(3,315)**
**-**|
|---|---|
||**244,466**
**1**
**1**
**-**
**244,467**
**1**|
|||
The notes form part of these financial statements
21
## NOTES TO CASH FLOW STATEMENT
For the year ended 31 December 2020
## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net income for the reporting period (as per the Statement of**
**Financial Activities)**
**Adjustments for:**
Depreciation charges
Increase in stocks
Increase in debtors
Increase in creditors
**Net cash provided by operations**|Year Ended
31.12.20
£
Period
13.8.18
to
31.12.19
£
**212,919**
**1**
1,105
-
-372
-
-34,579
-
68,708
-|
|---|---|
||**247,781**
**1**|
|||
## **2. ANALYSIS OF CHANGES IN NET FUNDS**
||At 1.1.20|Cash fow|**At 31.12.20**|
|---|---|---|---|
||£|£|**£**|
|**Net cash**||||
|Cash at bank|1|244,466|244,467|
||1|244,466|244,467|
|**Total**|**1**|**244,466**|**244,467**|
The notes form part of these financial statements
22
## NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2020
## 1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" under the historical cost convention, the requirements of the Companies Act 2006 and to comply with the Charities SORP 2015.
Humanity First (UK) is a private company limited by guarantee incorporated in England and Wales.
## 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.
Continued…
23
## 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 resources.
## TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost
## STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## TAXATION
The charity is exempt from corporation tax on its charitable activities.
## 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.
Continued…
24
## NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2020
## 1. ACCOUNTING POLICIES - continued
## Fund Accounting
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## 2. DONATIONS AND LEGACIES
|2.
DONATIONS AND LEGACIES
3.
OTHER TRADING ACTIVITIES
4.
RAISING FUNDS
Other trading activities
Gift aid
Donations
HF International Grant
Government Grants
Merchandise Income
Staff costs
Bank Fees
Cost of Sale
Merchant Fees|Year Ended
31.12.20
£
Period
13.8.18
to
31.12.19
£
15,053
-
467,973
1
103,892
-
10,000
-
**596,918**
**1**|
|---|---|
||Year Ended
31.12.20
£
Period
13.8.18
to
31.12.19
£
2,123
-|
||Year Ended
31.12.20
£
Period
13.8.18
to
31.12.19
£
3,117
-
899
-
443
-
7,293
-
**11,752**
**-**|
Continued…
25
## NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2020
|5.|CHARITABLE ACTIVITIES COSTS|Direct Costs|
|---|---|---|
|||£|
|Charitable Activities||374,370|
## 6. OTHER TRADING ACTIVITIES
Net income/(expenditure) is stated after charging/(crediting):
|||Period|
|---|---|---|
|||13.8.18|
||Year Ended|to|
||31.12.20|31.12.19|
||£|£|
|Depreciation - owned assets|1,105|-|
## 7. TRUSTEES' REMUNERATION AND BENEFITS
The trustees of the charity are considered to be key management personnel and are all volunteers.
They do not receive any remuneration for their services (2019: £nil).
Donations made by trustees in 2020 totalled £2,505.00 (2019:£0.00).
The trustees that served in the year are included on page 1
## Trustees' expenses
Total expenses reimbursed by Humanity first to Trustees were of 462.58.
## 8. STAFF COSTS
|||||
|---|---|---|---|
|8.|STAFF COSTS||Period|
||||13.8.18|
|||Year Ended|to|
|||31.12.20|31.12.19|
|||£|£|
|Wages and salaries||2,917|-|
|Social security costs||200|-|
|||**3,117**|**-**|
Continued…
26
## NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 December 2020
## 8. STAFF COSTS - continued
The average monthly number of employees during the year was as follows:
|||Period|
|---|---|---|
|||13.8.18|
||Year Ended|to|
||31.12.20|31.12.19|
||£|£|
|Admin Staff|1|-|
## 9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**NET INCOME**
**TOTAL FUNDS CARRIED FORWARD**
10.
TANGIBLE FIXED ASSETS
**COST**
Additions
**DEPRECIATION**
Charge for year
**NET BOOK VALUE**
At 31 December 2020
At 31 December 2019|Unrestricted
fund
£
Restricted
fund
£
**Total**
**funds**
**£**
1
-
1
**1**
**-**
**1**
**1**
**-**
**1**|
|---|---|
||**Total**
**funds**
**£**
3,315
1,105
2,210
-|
Continued…
27
## NOTES TO THE FINANCIAL STATEMENTS
|For the year ended 31 December|2020||||||
|---|---|---|---|---|---|---|
|11.
STOCKS||||31.12.20||31.12.19|
|||||£||£|
|Staff costs|||||372|-|
|12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||||
|||||31.12.20||31.12.19|
|||||£||£|
|Trade debtors|||||12,551|-|
|Prepayments and accrued income|||||22,028|-|
||||||**34,579**|**-**|
|13.
CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||||||
|||||31.12.20||31.12.19|
|||||£||£|
|Trade creditors|||||3,525|-|
|Social security and other taxes|||||526|-|
|Other creditors|||||61,157|-|
|Accrued expenses|||||3,500|-|
||||||**68,708**|**-**|
|14.
ANALYSIS OF NET ASSETS BETWEEN|||FUNDS||**31.12.20**|31.12.19|
||Unrestricted||Restricted||**Total**|Total|
||fund|||fund|**funds**|funds|
||£|||£|**£**|£|
|Fixed assets|2,210|-|||2,210|-|
|Current assets|168,837|110,581|||279,418|1|
|Current liabilities|-44,942|-23,766|||-68,708|-|
||**126,105**|**86,815**|||**212,920**|**1**|
|15.
MOVEMENT IN FUNDS||Unrestricted|||Restricted|**Total**|
|||fund|||fund|**funds**|
|||£|||£|**£**|
|**Unrestricted funds**|||||||
|General fund|||1||126,104|126,105|
|**Restricted funds**|||||||
|Restricted|||-||86,815|86,815|
|**TOTAL FUNDS**|||**1**||**212,919**|**212,920**|
Continued…
28
## 15. MOVEMENT IN FUNDS - continued
||Unrestricted|Restricted|**Total**|
|---|---|---|---|
||fund|fund|**funds**|
||£|£|**£**|
|**Unrestricted funds**||||
|General fund|319,838|(193734)|126,104|
|**Restricted funds**||||
|Restricted|279,203|(192388)|86,815|
|**TOTAL FUNDS**|**599,041**|**(386122)**|**212,919**|
Comparatives for movement in funds
||Net movement||
|---|---|---|
||In funds|At 31.12.19|
||£|£|
|**Unrestricted funds**|||
|General fund|1|1|
|**TOTAL FUNDS**|**1**|**1**|
## Comparative net movement in funds, included in the above are as follows:
||Unrestricted|Restricted|**Total**|
|---|---|---|---|
||fund|fund|**funds**|
||£|£|**£**|
|**Unrestricted funds**||||
|General fund|1|-|1|
|**TOTAL FUNDS**|**1**|**-**|**1**|
## 16. RELATED PARTY DISCLOSURES
During the year Humanity First UK received a grant of £103,892 from Humanity First and contributed £56,157 as a grant to Humanity First.
As at reporting date of 31 December 2020, Humanity First UK owed £61,157 to Humanity First.
## 17. POST BALANCE SHEET EVENTS
There were no subsequent events identified since the balance sheet date.
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