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2023-03-31-accounts

REGISTERED CHARITY NUMBER: 1190360

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

GLOBAL HELPING HANDS

Shareef & Co Statutory Auditors 18 - 22 Stoney Lane Yardley Birmingham West Midlands B25 8YP

GLOBAL HELPING HANDS

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

Page
Report of the Trustees 1 to 10
Report of the Independent Auditors 11 to 13
Statement of Financial Activities 14
Balance Sheet 15
Cash Flow Statement 16
Notes to the Cash Flow Statement 17
Notes to the Financial Statements 18 to 23

GLOBAL HELPING HANDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees 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) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Global Helping Hands is a charity with 100% donations delivered to its intended recipients. Through education, healthcare, water and food we support children, widows, orphans and global issues in order to make the world a better place.

Our 100% donation policy means that every penny you give goes directly to helping those in need, not to administrative or overhead costs (such as marketing, legal or finance), which are covered by specific admin donations or Gift Aid. To cover our admin costs, we use Gift Aid, money received from institutional donors for admin purposes (home and abroad) or donations specifically by people for admin costs.

We are saving and transforming the lives of some of the world's most vulnerable people.

Core Values

Resources

We take care of resources placed with us through the generosity of our donors by funding projects to provide amongst other things safe water, food, funds, community development and well-being. We review and check on projects to provide as much feedback as safely as possible to our donors, regulators and others as necessary.

Transparency

We aim to be open and honest in our relationships so we can deliver maximum value for the projects we undertake.

Responsibility

We are entrusted by those we serve to observe the highest standards and ethics and by those who donate to deliver projects to help those most in need.

Respect

We place ourselves in a shared humanity and treat everyone with kindness and compassion whilst striving to deliver that which we have been entrusted with of funds and goods to benefit individuals and build a global community.

Community and Teamwork

We emphasise the transformative impact that collaboration can achieve by working together with those in need, fostering communication, furthering understanding, and building caring and supportive environments, we can achieve something to lift individuals out of poverty and distress to help transform lives.

Mission

Working together as a team with those in need to deliver projects that not only immediately save lives but aim in the longer term to develop skills to transform lives and lift people out of poverty.

To achieve this the trustees and volunteers combine their experience in both commercial and voluntary worlds to raise awareness of and deliver projects for the forgotten and needy. We strive not only to help those affected by disasters that are reported in the news but also those that are forgotten or neglected.

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GLOBAL HELPING HANDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

Vision

We don't just chase the latest disaster, but we actively search for communities in need who are ignored or forgotten and also strive to help them. This is what can lead to significant and positive changes for donors and recipients. We can create change by connecting with the range of people who need help.

Goals

To build an open and transparent charity that can deliver projects in a challenging environment that donors and regulators trust. To achieve this means delivering and reporting on meaningful projects in a timely manner whilst building the charity but never forgetting the aim is to help those in need and raise them away from being in need.

Significant activities

Global Helping Hands continues to strive to support the most vulnerable in society. At its inception, our cause was dedicated to help refugees fleeing from conflict, delivering hope to orphans and changing lives for as many people as we could with your unwavering support.

We have continued to operate our 100% donation policy with all administrative expenses being borne from our admin fund. Through our dedicated team of volunteers, we have minimised costs associated with the running of the charity and continue to ensure all donations received by the charity are spent on the poor and needy.

The 2022/23 year has seen the charity grow its outreach in areas affected by natural disaster. With the Pakistan floods in August 2022, millions were displaced and lost their access to the basic necessities of life (food, shelter and water). Global Helping Hands responded and sent aid in the form of shelter packages, medical and food aid. A team from the UK visited Sindh Province in early October 2022 and supported further distribution of our relief effort, alongside a 5-day medical camp.

In February 2023, Turkey and Syria suffered a massive earthquake that affected millions. Through our volunteers and contacts in Turkey we responded almost immediately and sent emergency food and medical aid. In the UK we worked with our local communities and organised 3 containers of aid which were distributed to Syrian Refugees. In addition to the above, Global Helping Hands continued to deliver food, water, orphan support, winter aid and Ramadhan projects in the countries we operate.

Here are some of the key areas of focus in our work for the year 2022/23.

Winter Firewood Initiative

The winter season brings unique challenges, particularly for those residing in tents who must contend with harsh elements such as biting winds, relentless rain, heavy snowfall, and increased susceptibility to diseases.

At Global Helping Hands, our approach to supporting individuals in camps transcends the conventional charity distribution model. Our dedicated team operates at the highest quality standards, beginning with a meticulous assessment of the needs and population size within the camps. We take pride in our commitment to providing comprehensive assistance by delivering firewood, supplies, food, and winter clothing that benefit the entire camp community.

In the early months of 2022, we successfully organised five significant distributions of firewood, amounting to over 900 tonnes. This initiative has made a substantial impact, offering essential support to thousands of families living beneath the poverty line in Syrian Refugee camps in Turkey, Lebanon, including both Syrian and Palestinian camps. Additionally, our aid extended to in Pakistan and Uganda.

Furthermore, our efforts included the distribution of vital food supplies, establishing winter emergency camps, and providing warm winter clothing. These initiatives were designed to address the multifaceted challenges faced by those in need during the unforgiving winter months.

Page 2

Water Fund

Our water funds this year has achieved remarkable success in aiding communities across Pakistan, Uganda, West Africa, Rohingya and Palestine. Notable accomplishments include the establishment of various water infrastructure projects:

In total, these initiatives have directly benefited over 50,800 individuals. Beyond the immediate impact on the number of beneficiaries, our focus remains on creating sustainable solutions that empower communities with reliable access to clean water, thereby improving overall health and well-being.

Food Security Initiative

Our commitment to addressing food security has been unwavering, reaching communities in need across more than 10 countries. Through our proactive efforts, we have been actively distributing food parcels, providing hot meals, and supplying bread to vulnerable populations.

These initiatives collectively contribute to enhancing food security and alleviating hunger in regions where the need is most acute. The impact of our efforts extends beyond the mere distribution of meals; it represents a lifeline for communities facing ongoing challenges.

Medical Support

On February 6, 2023, a devastating earthquake struck southern and central Turkey, causing widespread destruction, and leaving countless individuals in urgent need of assistance. In immediate response to this calamity, our organisation worked with local hospitals, recognising the critical role healthcare plays in the aftermath of such disasters.

Our collaborative efforts included the provision of essential medical funds and support for hundreds of patients in need of crucial medical operations. By addressing the healthcare needs of the affected population, we aimed to contribute to the overall recovery and well-being of the communities impacted by this tragic event.

Our commitment to making a positive impact didn't stop there. Through the successful completion of three distinct medical projects for Syrian refugees, we have extended our support to over 300-400 individuals, facilitating crucial medical aid to hospitals in the affected regions. This assistance encompasses a range of medical services, including financial support for medical expenses, ensuring that those affected have access to necessary medical procedures and treatments.

By providing medical support, we aim not only to alleviate the immediate health concerns of the affected individuals but also to contribute to their long-term recovery and resilience. The collective efforts of our organisation, in collaboration with local volunteers, have played a crucial role in helping the affected population rebuild their lives and restore a sense of normality in the wake of this natural disaster.

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GLOBAL HELPING HANDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

Housing Project

In the past year, we achieved significant milestones in our efforts to support the housing need in Pakistan following the devastating floods. Specifically, we successfully constructed 16 houses and implemented 40 housing kit and roof renovation installations in Pakistan.

Additionally, we completed a village comprising 35 homes, along with the generous donation of 10 individual houses to support Syrian Refugees. These initiatives have directly benefited beneficiaries, providing over 600 people with the opportunity to live in a house instead of a tent or remain homeless.

In the year 2022, we took a significant step toward addressing the needs of vulnerable children by establishing the Dar Al-Amal (Home of Hope) Respite and Learning Centre in Lebanon. We have supported on a weekly basis 41 orphans and 10 disabled children, alongside 80 other vulnerable children. We have been committed in imparting knowledge in four fundamental areas - Arabic, English, Maths, and IT - through dedicated efforts and a well-educated team. We prioritise the hygiene of orphans by looking after their hair, nails, body, and providing them with hygiene packages and we ensure their clothes are washed weekly in the centre.

Project Goals:

  1. Assessment of Needs: The primary goal is to assess the needs and developmental state of children in the target group, with a specific focus on identifying those most in need of rehabilitation.

  2. Interpersonal Development: Foster interpersonal relationship capacity among the children through activities such as play, sports, encouragement of literacy, and the building of self-esteem and social living skills. The aim is to equip them to live responsibly in their communities.

  3. Social Problem Mitigation: Work towards reducing social problems such as unsuitable employment, drug abuse, and violence that orphaned children may be vulnerable to.

  4. Experience Sharing: Contribute to community development by sharing the experiences gained from the initiative, encouraging other associations and organisations to intervene and address the problems faced by the community.

Unaccompanied Children: The circumstances surrounding unaccompanied children are often challenging, with common scenarios including both parents passing away, the father's death leading to the mother marrying and leaving the children with relatives, or the father being missing or imprisoned while the mother returns to Syria, leaving the children behind.

The Dar Al-Amal Respite Centre seeks to provide a secure and fully supervised environment, offering the following services:

To foster awareness, we conduct two sessions each week on critical topics like harassment and smoking. Also, we provide a nutritious meal that might not be available to them in their living conditions. We derive the concepts for these awareness topics directly from the rich reservoir of ideas or stories provided by students.

Alongside this, we organise monthly trips, offering a break from their usual surroundings and their bad conditions in their tents. Creative activities like drawing and sports are integrated into their weekly routine.

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GLOBAL HELPING HANDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

Regularly, we initiate proactive communication with the grandparents or the carers to provide a comprehensive overview of the children's progress and overall well-being. Through in-depth discussions we delve into not only academic achievements but also aspects of their personal lives fostering a good understanding of each child's journey and allowing for collaborative support in their growth and development

Annually, we celebrate Eid with a party, gifting each child winter clothing and toys. This support aims to nurture not only their education but also their well-being and happiness.

Public benefit

The trustees confirm that the Charity is a public benefit entity and that they have complied with the requirements of Section 17 of the Charities Act 2011 to have had regard to the Charity Commission's guidance on public benefit.

Grantmaking

Grant-making by charities involves a thorough and strategic process to ensure that funds are allocated to projects that align with the organisation's mission and objectives. The decision-making process typically involves several key steps to assess the potential impact of the proposed projects and ensure accountability in project execution.

Mission Alignment:

Grant Application Process:

Review and Evaluation:

Financial and Operational Assessment:

Monitoring and Reporting:

Impact Assessment:

By following these steps, GHH strives to make informed decisions about grant allocation, maximize the positive impact of funded projects, and foster accountability within the organizations they support. This rigorous process helps build trust with donors, maintain transparency, and ultimately contribute to meaningful and lasting social change.

Volunteers

The charity is primarily run by teams of volunteers and encourages those associated with GHH to give something back to local communities in the neediest areas around the world. Their contribution minimises our administrative expenses ensuring we can continue to deliver our 100% donation policy. We ensure those with specific areas of talent and expertise e.g. management, finance and organisational skills are nurtured and encouraged to contribute to the running of the charity.

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GLOBAL HELPING HANDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

ACHIEVEMENT AND PERFORMANCE Charitable activities

Evaluating successful outcomes is crucial to ensuring transparency, accountability, and effective utilisation of resources. Global Helping Hands (GHH) employs various criteria to assess performance and impact and how well it has met its objectives.

i.Mission Alignment :

ii.Impact Measurement :

iii.Output and Outcome Indicators :

iv.Financial Accountability:

v.Stakeholder Engagement and performance review :

vi.Sustainability :

vii.Innovation and Adaptability :

viii.Efficiency and Effectiveness :

ix.Governance and Leadership :

x.Learning and Improvement :

xi. Communication and Transparency :

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GLOBAL HELPING HANDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

By employing these criteria, GHH ensures that it can conduct a comprehensive evaluation of performance, identify areas for improvement, and demonstrate commitment to achieving positive and sustainable outcomes in line with its mission objectives.

Fundraising activities

Global Helping Hands does not use external parties or external influencers to fundraise, and we aim to minimise expenditure on advertising to bring in donations for the charity. We operate a model of transparency and openness with a close connection to our donors, ensuring excellent communication and timely feedback on donations. Our reputation for high quality charity work with professionalism at its core, with innovative approaches and our 100% donation policy will continue to stand us in good stead amongst the many charities operating in this field.

FINANCIAL REVIEW

Financial position

During the year the Charity raised £2.02m (2022 £0.75m) and spent £0.91m (2022 £0.68m). The charity made a surplus of £1.1m (2022 £0.06m).

Reserves as at 31 March 2023 were £1.176m (2022 £0.06m).

Principal funding sources

Global Helping Hands primarily receives donations in the form of sadaqah and zakah from its donor base within the United Kingdom. Through our volunteer networks, outreach and word of mouth our reputation for reliability, high quality delivery and transparency has meant our donations continue to grow.

In addition, we continually improve our website, publicising urgent appeals and refresh our general appeals to ensure they are timely and relevant. Furthermore, through our social media accounts we are able to reach donors in other countries and continue to grow our donor database who we communicate to regularly with updates through our charity newsletters.

FUTURE PLANS

Global Helping Hands intends to continue growing as a charity to have a wider reach to help those most in need around the world. Our core aim is to continue our 100% donation policy and deliver high quality, reliable and transparent charitable activities for our donors.

We plan to continue our food, water and housing projects as these are the basic necessities of life and there continues to be many communities around the world who do not have access to this.

Within our housing projects we plan to support Syria Refugees and communities within Pakistan both affected from recent natural disasters. Currently, affected families find themselves residing in makeshift self-built shacks or, if fortunate, in tents provided through humanitarian efforts. It is imperative to prioritise the rehabilitation of these families, enabling them to return to their villages and embark on the journey of rebuilding their lives.

To address this urgent need, we are planning to introduce two distinct rebuilding packages:

We remain committed to making a lasting impact in the lives of those affected by providing not just shelter but a foundation for a hopeful future.

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GLOBAL HELPING HANDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

The other area we plan to expand upon is our livelihood/ self-sustaining projects. We often come across communities that have the skills and will power to support themselves and families but require that initial support and training. We plan to do this in Africa through our goat farming project, Pakistan and our rickshaw small business projects and our Syria Refugee training programmes for orphans so they can set up their own small businesses and avoid being exploited.

We express our heartfelt gratitude to our donors and partners for their unwavering support, empowering us to continue this vital work.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is a CIO (Charitable Incorporated Organisation) and it is controlled by its governing documents.

Charity constitution

Global Helping Hands (GHH) has been setup and operates as a Charitable Incorporated Organisation (CIO) under the rules of its constitution.

The objectives of the charity are:

  1. The relief of poverty anywhere in the world by providing grants, items and services to individuals in need and/or other organisations working to prevent or relieve poverty.

  2. For the benefit of the public the relief of poverty and suffering anywhere in the world among the victims of natural or other kinds of disaster (including but not limited to the poor, needy, those fleeing war, persecution and conflict, refugees) in particular by providing grants, items and services to people, bodies or organisations.

The objectives are set and agreed in writing with The Charity Commission of England and Wales, and the trustees plan activities to meet these objectives whilst also giving due diligence to guidance issued generally by The Charity Commission of England and Wales with regards to public benefit as well as ensuring to maintain regular checks on partners and partner organisations abroad including compliance and checks with the Sanctions Register which is regularly maintained by the United Kingdom Government.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Induction and training of new trustees

Global Helping Hands continues to operate with 3 charity trustees in line with its constitution. Our trustees are aware of their duties in line with guidance from the Charity Commission and undertake further training where necessary such as dealing with natural disasters and conflict abroad. The trustees have monthly meetings where training and development opportunities are reviewed to ensure the charity continues to meet its obligations in line with Charity organisation regulations.

If the need arose to recruit new trustees, the charity would ensure any new trustees were aligned with the vision and values of the organisation. In addition, they would be made aware of the duties of trustees' resources from the Charity Commission and ensure regular updates and training attended.

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GLOBAL HELPING HANDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk management

Assessing and managing risks associated with the charity and its activities is a key responsibility for the Trustees. The risks may include financial challenges, potential damage to the organization's reputation, misappropriation of assets, regulatory compliance issues, and more. GHH aims to mitigate these risks as follows:

Risk Assessment:

Financial Risk Management:

Reputation Management:

Internal Controls and Governance:

Compliance and Legal Risks:

Strategic Planning:

Training and Development:

Continuous Monitoring and Evaluation:

By actively engaging in these risk management practices, GHH Trustees contribute to the overall resilience and sustainability of the charitable organisation, ensuring that it can effectively fulfil its mission while minimising potential threats and challenges.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1190360

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GLOBAL HELPING HANDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

Principal address 13 7 Boyn Valley Road Maidenhead SL6 4DT

Trustees

Dr A Ali Chair Dr AM Alam S Munir MSC

Auditors Shareef & Co §tatutory Auditors 18 - 22 Stoney Lane Yardley Birmingham West Midlands B25 8YP

Bankers

CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent, ME19 4JQ

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed 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 charity and of the incoming resources and application of resources, including the income and expenditure, of the charity 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 charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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 irregularities.

Approved by order of the board of trustees on 29 January 2024 and signed on its behalf by:

Dr A Ali - Trustee

}Jv--l--

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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF GLOBAL HELPING HANDS

Opinion

We have audited the financial statements of Global Helping Hands (the 'charity') for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other matter

We were appointed auditors of the Charity for the year ended 31 March 2023. The comparative figures for 2022 were not audited by ourselves or any other auditors, as this was not required in accordance with Company Law and the Charities Act. Our audit opinion is not modified in respect of this matter.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF GLOBAL HELPING HANDS

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the Charity and industry, we identified that the principal risks of non-compliance with laws and regulations related to employment laws and taxes, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006 and FRS 102. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to posting inappropriate journal entries to achieve desired financial results and the manipulation of exceptional items and management bias in accounting estimates. Audit procedures performed by the engagement team included, but were not limited to: - enquiries with management, and the Company's legal counsel (internal and, where relevant, external), including consideration of known or suspected instances of fraud and non-compliance with laws and regulations and examining supporting calculations where a provision has been made in respect of these; reading key correspondence with regulatory authorities in relation to compliance with certain employment laws and indirect tax matters; - understanding and evaluating the design and implementation of management's controls designed to prevent and detect irregularities; - challenging assumptions and judgements made by management in their significant accounting estimates, in particular, in relation to restricted funds; - identifying and testing journal entries, in particular any journal entries posted with unusual account combinations and postings by unusual users; There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF CLOBAL HELPING HANDS Use of our r¢port This report Is made solely to the charity's trustees, as a body. in accordance with Part 4 of the Charities (Acwunts and Reports) R¢gulatiotLS 2008. Our alldit work has been undertaken 50 that we mighi state to the charity's irustees those matters we are required to state to them in an auditors, report and for no other purp05e. To the fiillest extent permitted by law, we do not ac¢ept or assume responsibility to anyone other than the ¢harity and the charity's trustees as a body, for our audit WOTk, for this report. or for the opinions we have formed. Shareef & Co Statutory ALidiiors 18- 22 Stoney Lane Yardley Birminghartl West Midland5 B25 8YP 29 January 2024 Page 13

GLOBAL HELPING HANDS

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
EXPENDITURE ON
Charitable activities
3
Overseas Projects
Other
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
1,819,480
710,163
40,596
750,759
1,068,721
66,195
1,134,916		 Restricted
fund
£
197,308
160,296
-
160,296
37,012
-
37,012		 2023
Total
funds
£
2,016,788
870,459
40,596
911,055
1,105,733
66,195
1,171,928		 2022
Total
funds
£
750,097
679,266
4,952
684,218
65,879
316
66,195

The notes form part of these financial statements

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GLOBAL HELPING HANDS BALANCE SHEET 31 MARCH 2023 2023 TotAI funds 2022 Total futJd5 Unrestricted fund Restri¢￿d fund Noies CURRENT ASSETS Cash at bank 1,139J16 37.012 1.176,828 66,895 CREDITORS Amounts falling due witjiin one year (4,900) (4,900) {7001 NET CURRENT ASSFTS 1,134916 37,012 1,171,928 66,195 TOTAL ASSETS LESS CURRENT LIABII,ITIES 1.134.916 37,012 1,171,928 66,195 NET ASSETS 1 134,916 37,012 1.171.928 66,195 FUNDS Unreslricted fuiids Restricted funds 1,134,916 37.012 66,195 TOTAL FUNDS 1,171,928 66,195 The financial ststemei)t5 were approved by the Board of Trustees and authorised for tssue on 29 January 2024 and were signed on its behalf by.. A Ali - TnJ5tee The notes form part of these financial staternents Page 15

GLOBAL HELPING HANDS

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating 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		 2023
£
1,109,933
1,109,933
1,109,933
66,895
1,176,828		 2022
£
66,279
66,279
66,279
616
66,895

The notes form part of these financial statements

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GLOBAL HELPING HANDS

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2023

1.
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2023
£
Net income for the reporting period (as per the Statement of Financial
Activities)
1,105,733
Adjustments for:
Increase in creditors
4,200
Net cash provided by operations
1,109,933
2.
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.22
Cash flow
£
£
Net cash
Cash at bank
66,895
1,109,933
66,895
1,109,933
Total
66,895
1,109,933		 2022
£
65,879
400
66,279
At 31.3.23
£
1,176,828
1,176,828
1,176,828

The notes form part of these financial statements

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GLOBAL HELPING HANDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.

The Charity is a CIO 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.

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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Global Helping Hands operates a 100% donation policy. All admin expenses are covered by the Gift Aid received on donations or specific admin contributions.

Taxation

The charity is exempt from 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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Recognition and measurement

continued...

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GLOBAL HELPING HANDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

1. ACCOUNTING POLICIES - continued

Financial instruments

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Going concern

The Trustees have reviewed management information and forecasts and are confident that the Charity has sufficient resources to continue in operation for at least 12 months from the date of the signing of the accounts.

2. DONATIONS AND LEGACIES

Donations
Gift aid
Zakat		 2023
£
1,693,800
125,679
197,309
2,016,788		 2022
£
554,626
84,100
111,371
750,097

3. CHARITABLE ACTIVITIES COSTS

CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities
(see note
4)
£
Overseas Projects 870,459

continued...

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GLOBAL HELPING HANDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

4. GRANTS PAYABLE

2023
£
Overseas Projects
870,459
5.
SUPPORT COSTS
Governance
Management
costs
£
£
Other resources expended
35,696
4,900		 2022
£
679,266
Totals
£
40,596

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
638,726
EXPENDITURE ON
Charitable activities
Overseas Projects
567,895
Other
4,952
Total
572,847
NET INCOME
65,879
RECONCILIATION OF FUNDS
Total funds brought forward
316
TOTAL FUNDS CARRIED FORWARD
66,195		 Restricted
fund
£
111,371
111,371
-
111,371
-
-
-		 Total
funds
£
750,097
679,266
4,952
684,218
65,879
316
66,195

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GLOBAL HELPING HANDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other creditors
9.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Zakat Fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Zakat Fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
TOTAL FUNDS		 At 1.4.22
£
66,195
-
66,195
Incoming
resources
£
1,819,480
197,308
2,016,788
At 1.4.21
£
316
316		 2023
£
4,900
Net
movement
in funds
£
1,068,721
37,012
1,105,733
Resources
expended
£
(750,759)
(160,296)
(911,055)
Net
movement
in funds
£
65,879
65,879		 2022
£
700
At
31.3.23
£
1,134,916
37,012
1,171,928
Movement
in funds
£
1,068,721
37,012
1,105,733
At
31.3.22
£
66,195
66,195

continued...

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GLOBAL HELPING HANDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

9. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Zakat Fund
TOTAL FUNDS		 Incoming
resources
£
638,726
111,371
750,097		 Resources
Movement
expended
in funds
£
£
(572,847)
65,879
(111,371)
-
(684,218)
65,879

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Zakat Fund
TOTAL FUNDS		 At 1.4.21
£
316
-
316		 Net
movement
in funds
£
1,134,600
37,012
1,171,612		 At
31.3.23
£
1,134,916
37,012
1,171,928

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Zakat Fund
TOTAL FUNDS		 Incoming
resources
£
2,458,206
308,679
2,766,885		 Resources
expended
£
(1,323,606)
(271,667)
(1,595,273)		 Movement
in funds
£
1,134,600
37,012
1,171,612

continued...

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GLOBAL HELPING HANDS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.

Page 23