2023-02-28-accounts - Hope For Africans Development Organisation (Hado)

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HOPE FOR AFRICANS DEVELOPMENT ORGANISATION (HADO)

Annual Report and Accounts

2022- 2023

LEGAL INFORMATION

Name of charity: HOPE FOR AFRICANS DEVELOPMENT ORGANISATION (HADO)

Correspondence address : 5 Gaumont Terrace Lime Grove, Gaumont Terrace, Lime Grove, London, London, England, W12 8HR Contact person : Ikhlass MOHAMED Company number : 08878097 Management Committee : 2022- 2023 Salwa Yussuf : Secretary Rugia Abdalfugara : Vice - Chair Dawd Adam Abute : Treasurer Mohammed Adawi : Vice -Treasurer Ikhlass Mohamed : Chair Lady

Report of the Management Committee

HOPE FOR AFRICANS DEVELOPMENT ORGANISATION (HADO) is a voluntary organization established on the 5 February 2014 to support minority communities in need in the UK and abroad.

The organization’s works focus on supporting migrants, refugees and asylum seekers in the UK

The Objectives as laid down in its constitution are:

The relief of poverty and the advancement of education.
The promotion of good health
The provision of facilities for recreation and leisure time occupation in the interest of social welfare

Activities for the period 2022-2023

The organization’s debt advice and referrals benefited 17 people who resolved crucial issue with creditors. They have consolidated some of their debt to make affordable repayment

We have provided training for employment and employment related advice that benefited about 26 unemployed people including women. This enabled them to improve their employability chances and 13 of them have been able to secure part and full-time employment.

The organization supplementary activities supported 16 local children who were facing exclusion due to poor performance at school. The project enabled them to improve their achievement at school and all passed their courses.

The organization advice and referral services supported 22 local migrants, refugees and asylum seekers in the areas of housing, health, education and benefit entitlement. This enabled them to understand the functioning of local services, make informed choices and improve their knowledge about accessing those services.

We have over the period 2022-2023 supported about 12 families, 22 single parents and 18 homeless refugees facing financial hardship due to the rise of the cost of living.

We have also increased the organization’s volunteering opportunity by recruiting 03 new volunteers to assist the management committee in their duties

Plan for 2023-2024

The organization will support more people to get out of debt and improve their income, and we look to help about 33 people.
We will continue to deliver more employment sessions to support local people back into work this year. We anticipate helping about 29 people over the period
The organization will increase its advice and referrals sessions to be able to support about 45 new refugees, migrants and refugees in need of education, training and welfare entitlement.
We will deliver about 11 awareness sessions on the consequences of drugs and alcohol misuse for about 26 young people.
We will undertake more homework club activities this year to improve about 27 children’s school achievement.
The organization will deliver support and food bank service for 39 people on low income to reduce financial crisis due to the current high living cost.
We will deliver advocacy and support services for local 26 older people who are sick and isolated to improve their lives.

Trustees’ responsibilities

Charity law requires trustees, to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the company and of the results of the company at that period. In preparing those financial statements, the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any materials departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable it to ensure that the financial statements comply with the charity Act.

They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps and detect fraud and other irregularities.

Ikhlass MOHAMED - Chair

30/05/

Signed: ------------------------- Date:-----------------------2023

Statement for the year ended 28 February 2023

Incoming Resources

Restricted 6700 5450 4900 3800	Restricted 6700 5450 4900 3800	2023 380 3400 2700 6700 5450 4900 3800	2022 420 3600 2300 9230 6700 4450 4670 31370 7500 4720 5491 3422 1078 1330 300 510 919 490 1900 27660 3710 0

£20,850 5800 4600 4035 3100 820 90 200 200 460 394 700		27330 5800 4600 4075 3100 978 430 500 310 819 394 700

	20399 £451 £4,200	21706 5624 3710
	£4,651	9334	3710

Note Fixed Assets Tangible assets Current assets Cash at bank Total net assets Funds Unrestricted Restricted Total	2023 9334	2022
		721 4921
	9334 6200 3134 9334	4921 3621 1300 4921
Funds

Notes to the accounts for the year ended 28[Th ] February 2023

1 . Accounting policies

a) Basis of accounting policies

The financial statements have been prepared under the historical cost convention, as modified by the inclusion of fixed assets investments at market value, and in accordance with applicable accounting standards and follow the recommendation in the statement of recommended Accounting and Reporting Practice by charities.

b) Grants

Grants are recognized in the statements on accrual basis following the satisfaction of any pre-conditions

c) Expenditure

Expenditure is recognized on accruals basis

d) Reserve policy

The organization reserve policy is to retain 5 to 10 % of its unrestricted fund beyond its financial year to keep the organization running.

Independent Examiner’s report to the Trustees

The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice, Accounting and Reporting applicable Accounting Standards and the Charity Act 2011

Responsibilities of the Trustees

The trustees and the Management Committee are responsible for the preparation of the accounts and that you consider the audit requirements of the charities Act 2011. It is my responsibilities to state on the basis of procedures specified in the directions given by Charity Commissioners whether particular matters have come to my attention.

Basis of my examination

The examination of the accounts was carried out in accordance with the general directions given by the charity commissioners. The examination includes:

A review of the accounting records kept by the charity
A comparison of the accounts presented with those records made available
Consideration of any unusual items and disclosures in the accounts
Assessment and significant estimates and judgments made in preparation of the financial statements
Examination of evidence relevant to the amount of disclosures in the financial statements

I planned and performed my investigation so as to obtain all the information and explanations which I consider necessary in order to provide me with sufficient evidence to give reasonable assurance that the financial statements are free from material misstatements whether caused by fraud or irregularity of error. In forming my opinion, I also evaluated the adequacy of the presentation of information in the financial statements.

Opinion

In my opinion the financial statements as prepared give a true and fair view of the charity state of affairs as at 28th of February 2023 and the incoming resources and their applications in the year ended have been properly prepared in accordance with general directions given by Charity Commissioners.

Beugre Jacques N’Douba J-Accountancy & Consultancy Limited 38 Richardson Court Studley Road 15 /05/ London SW4 6RZ Signed: ----------------------Date: ------------------- 2023