HOPE FOR AFRICANS DEVELOPMENT ORGANISATION (HADO)
Annual Report and Accounts
2023- 2024
LEGAL INFORMATION
Name of charity: HOPE FOR AFRICANS DEVELOPMENT ORGANISATION (HADO)
| Correspondence address : | 5 Gaumont Terrace Lime Grove, Gaumont Terrace, | 5 Gaumont Terrace Lime Grove, Gaumont Terrace, |
|---|---|---|
| Lime Grove, London, London, England, W12 8HR | ||
| Contact person | : | Ikhlass MOHAMED |
| Charity N0 | : | 1189767 |
| Management Committee | : | 2023-2024 |
| Salwa Yussuf | : | Secretary |
| Rugia Abdalfugara | : | Vice - Chair |
| Dawd Adam Abute | : | Treasurer |
| Mohammed Adawi | : | Vice -Treasurer |
| Ikhlass Mohamed | : | Chair Lady |
2
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 immigrants, refugees and asylum seekers in the UK
The Objectives as laid down in the 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 2023-2024
We have provided training for employment and employment related advice that benefited about 22 unemployed people including women and young people. This enabled them to improve their employability chances and 11 of them have been able to secure part and full-time employment.
The organization advice and referral services supported 31 local immigrants, 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.
The organization supplementary education activities supported 18 local children who were facing exclusion due to poor performance. The project enabled them to improve their achievement at school and all passed their courses.
The organization’s debt advice and referrals benefited 16 people who resolved crucial issue with creditors. They have consolidated some of their debt to make affordable repayment.
3
The organization run housing, advice, employment and referral services for about 33 exoffender young people. The activities enabled participants to access social housing and local services. 11young people secured part time, full time and temporary employment position.
We have over the period 2023-2024 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 02 new volunteers to assist the management committee in their duties
4
Plan for 2023-2024
-
The organization will support more people to get out of debt and improve their income, and we aim to help about 25 people over the period.
-
We will continue to deliver more employment sessions to support local people back into work this year. We anticipate helping about 30 people over the period.
-
The organization will increase its advice and referrals sessions to be able to support about 38 new refugee and immigrant women and men in need of education, training and welfare entitlement.
-
We will deliver about 9 awareness sessions on the consequences of drugs, alcohol misuse and crime commission for about 27 young people.
-
We will undertake more homework club activities this year to improve about 30 children’s school achievement.
-
The organization will deliver support and food distribution services for 30 people on low income to reduce financial difficulties due to the current high living cost.
-
We will deliver advocacy and support services for local 28 older people who are sick and isolated to improve their lives.
5
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
30/10 / Signed: ------------------------- Date:-----------------------2024
6
Statement for the year ended 28 February 2024
| Incoming Resources Sources Unrestricted Membership 260 Fundd raising 2100 Donation 3400 Big Lottery Fund United Charities The Mercers Company WO Street Foundation Ionmongers' Company Family Alliance Foundation Total 5760 Resources Expended Hire of venue Staff cost Training cost Travel & volunteer expenses 640 Telephone & Internet Printing and Stationery Accounting & examination 200 Lunch & Refreshment Publicity Administration cost Equipment Resources Expended 840 Net surplus / Deficit 4920 B/F C/F |
Restricted £19,940 £8,238 |
Restricted £19,940 £8,238 |
2024 2023 260 380 2100 3400 3400 2700 19940 8238 6700 5450 4900 3800 33938 27330 9200 5800 5800 4600 4105 4075 4440 3100 1945 978 360 430 200 500 390 310 190 819 730 394 1200 700 28560 21706 5378 5624 9334 3710 |
|---|---|---|---|
| £28,178 9200 5800 4105 3800 1945 360 390 190 730 1200 |
|||
| 27720 £458 £4,200 |
|||
| £4,658 | 14712 9334 |
7
| Note Fixed Assets Tangible assets Current assets Cash at bank Creditor Total net assets Funds Unrestricted Restricted Total |
2024 0 14712 -3800 |
2023 0 9334 |
|
|---|---|---|---|
| 10912 6900 4012 |
9334 6200 3134 |
||
| Funds | |||
| 10912 | 9334 |
8
Notes to the accounts for the year ended 28[Th ] February 2024
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.
9
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 2024 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 28 /10 / London SW4 6RZ Signed: ----------------------Date: ------------------- 2024
10