INTERNATIONAL SOCIAL HEALTH AND WELFARE
Registered Charity No. 1189357
Financial Statement for the Year Ended 31 March 2024
INTERNATIONAL SOCIAL HEALTH AND WELFARE
LEGAL INFORMATION
Name of Charity: International Social Health and Welfare Charity Registration No. 1189357 Registered Address: Airport House, Purley Way Croydon CR0 0XZ Telephone: 0333 335 6333 Email: yasin@europe.com Board of Trustees: Mr Yasin Kalaz Zaman Mr Harun Abdul Aziz Independent Examiner: Mohammed Muhit Uddin M Com, ACA, FCCA Muhit & Co. Chartered Certified Accountants 80A Ashfield Street Unit 4 London E1 2BJ
Bankers:
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INTERNATIONAL SOCIAL HEALTH AND WELFARE REPORT OF THE TRUSTEES
History, Objectives and Activities of International Social Health and Welfare
The Trustees of the International Social Health and Welfare submit their report and financial statements for the year ended 31 March 2023. International Social Health and Welfare was set up on the 5[th] Day of May 2020. International Social Health and Welfare was incorporated as a charity and its name was entered in the Charity Commission’s Central Register on the 5 May 2020.
The Objectives of International Social Health and Welfare are:
The Charity’s objects are for the benefit of the promotion of the efficiency and effectiveness of the charitable sector through the provision of project management duties to charities to aid them with furthering their charitable purpose.
Structure, Governance and Management
The charity is constituted by a Constitution of a Charitable Incorporated Organisation (CIO) with voting members are its Charity Trustee. It is governed by the regulation set out in the Constitution and run by a voluntary Executive Committee. The charity’s committee members are elected at the Annual General Meeting every two years.
The Executive Committee members are normally briefed by the Chairman and the General Secretary to familiarise themselves with the rules, regulations and responsibilities of the charity. The Management Committee met six times during the year to review the activities of the charity including the approval of the annual report and accounts as well as budgets, capital expenditure and to set out the fund-raising date for the charity.
The day-to-day work of the charity is overseen by the Chairman who is responsible to and reports to the Management Committee. The Executive Committee is aware of the potential risks to the charity, both financial and otherwise. Therefore, strategies are in place to control these risks. Assessments have also been taken relating to fire and health and safety.
The Executive Committee are seriously considering other risk areas such as operational, governance and compliance with law and regulations.
A solicitor, who specialises in Charities’ law has been consulted about necessary policies. He advised about it. Policies on Conflict of Interest and Conflict of Loyalty were discussed in trustees’ meeting and special care is being taken to observe these rules.
Financial Review
The financial position of the Charity is portrayed in the accompanying Annual Accounts.
Statement of Trustees’ Responsibilities- Law applicable to charities in England & Wales requires the Trustees to prepare a financial statement for each financial year, which gives a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:
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(a) Select suitable accounting policies and apply consistently
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(b) Make judgements and estimates that are reasonable and prudent;
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(c) State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
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(d) Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping accounting records, which discloses with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the charity act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other
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irregularities.
Reserve 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 at least 12 months’ expenditure. The Executive Committee 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. International Social Health and Welfare will actively work to achieve this level of reserves.
Risk Factors
The Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.
Independent Examiner
As per the provisions of the Charities Act 2011, the Trustees agree that an audit is not required for this financial year; however, due to the provisions of the same act an Independent Examiner is required.
The Executive Committee agreed to re-appoint Mohammed Muhit Uddin M Com, ACA, FCCA of Muhit & Co, to carry out the Independent Examination of the accounts in 2024.
Accounts approved on the behalf of the Executive Committee.
……………………………………………………… Yasin K Zaman Chair and Trustee
Dated: 14/02/2025
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INTERNATIONAL SOCIAL HEATH AND WELFARE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024
THERE WAS NO FINANCIAL ACTIVITIES TAKEN PLACE YET TO REPORT.
| INCOME Grants & Donations Received Profit/ Benefit AR Bank TOTAL: LESS: EXPENDITURE Direct Charitable Expenses NET SURPLUS/DEFICIT) FOR THE YEAR |
Note 2 Note |
Restricted Fund - - Restricted Fund - - |
Unrestricted Fund - - - Unrestricted Fund - |
2024 £ - - - 2023 £ - |
2023 |
|---|---|---|---|---|---|
| £ - - 2022 |
|||||
| £ - |
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INTERNATIONAL SOCIAL HEATH AND WELFARE BALANCE SHEET AS AT 31 MARCH 2024
| Note | 2024 | 2023 | ||
|---|---|---|---|---|
| £ | £ | |||
| Fixed Assets | - | - | ||
| Current Assets | ||||
| Cash at Bank: | ||||
| Bank | - | - | ||
| Cash in Hand | - | |||
| - | ||||
| - | ||||
| Less: Current Liabilities | ||||
| Creditors & Accruals | - | - | ||
| - | - | |||
| Net Current Assets | - | - | ||
| Net Assets / (Liabilities) | ||||
| Financed By: | ||||
| Surplus / (Deficit) fund in 2023 | - | - | ||
| Surplus fund from 2024 | - | - | ||
| Accumulated Fund Carried | - | - | ||
| Forward |
------------------------------ Yasin Kalaz Zaman Acting chair and Trustee
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INTERNATIONAL SOCIAL HEATH AND WELFARE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
Basis of Accounting:
The financial statements have been prepared under the historical cost convention in accordance with applicable accounting standards.
2. Donations:
This represents donation received from the following individuals and organisation as a nature of unrestricted fund. Donations are taken to Income and Expenditure account on a receipt basis. There were no donations received during the year. Trust has used their carry forward fund to continue the charitable work for this year.
3. Reserve Funds
The reserve funds are for the use of continuous charitable support and for the operational expenses of the Charity.
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