REGlStERED CHARITY NUMBER: 1195840 THE HELPFUL PROJEcf REPORT usrEE AND DED FINANCIAL ATEMENTS FOR THE YEAR ENDED 31 Dernber
THE HELPFUL PROJEcr coi(rEKf5 OF THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 December 2024 Page ReFQrt the Trust Summary of the Anaral P£tyvibes Balan Sh* Notes to the Flnancial &ataments
THE HELPFUL PROJEcr REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 December 2024 The Trustees present their reFort with the financial statements of the charty for the period 01 January 2024 to 31 December 2024. The Trustee5 have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities. Issued in March 2005. The Helpful Project was established in 2021 for the preventlon or relief of poverty. the relief of those in need, by reason of youth, age, ill-health, disability, financial hardship or other disadvantage, in poor rural areas of Uganda. The helpful project will look to provide relief to help with fundamentsl issues in the Kabale area of Uganda with the following projects: Water - Providing dean drinking water for villages with a huge shortage. Safe Travel - To provlde boats to the villages to get across the river safely as many children and adults have drowned over the past year. Clothing & Shoes - We will be collecting clothing and shoes in the UK and will run campaigns to enable this to happen. Once we have collected the clothes, we will ship them over to Kabale. Education - Like the clothing and shoes we will collett educational l)ooks and ship them over to Kabale. We also have multiple contacts that are fully trained a5 teather5, coache5, and 5UPPQrters to assist wlth this. The charity have struggled to open a bank account to conduct its activities until the end of the year when a bank account was opened, and income was received in the new year (2024). Hence the REFERENCE AND ADMImisrRATn DEfAILS Registered Charity number: 1195840 Principal Address 25Charlwood The Green Croydon CRO 9AT Trustees Pragna Panesar Conor Wilson Bracken Jasbinder Panesar srRUCTURE, GOVERNANCE AND MAfiAGEMEiir Goveming Dwiment The Charity is controlled by its governing document, a CIO foundation constitution and constitutes a incorporated charity- Rlsk Management
The tru51ee5 have a duty to identify and review the risks to whlch the charity is exposed and to ensure appropriate controls ar- in place to wovide reasonable assurance against fraud and ercx. The tharity is managed day to day by the Trust with help by a team of vclunteers. oajecrms AND AcrIvrrIES The Trustee5 meets every month to disojss charity mattus, irKluJlng fundraising and current projeLt aLtlvltie5, and hold5 an AGM. ON BEHALP OF THE BOARD: Praa rai¢es
THE HELPFUL PROJEcr srATEMENTOF FINANCIAL AcrIvrriES FOR THE PERIOD ENDED 31 December 2024 31-12-23 UnrestTiCtod Funds 31-12-24 Unrestrbtted Funds Notes INCOMING RESOURCES Donatsons Other incomlryj reSrS 1929.52 1929.52 RESOURCES EXPENDED Costs of gernrating fvnds Charftsble Activities Fundrai5irvJ costs Cther costs Governan cc6ts Total resourcesexpended 1023.19 1023.19 RECONCIUATION OF FUNDS TOTAL FUNDSCARRIED FORWARD 906.33
THE HELPFUL PROJECT ALANCE SHEET FOR ThE PERIOD ENDED 31 December 2024 31-12-23 Unrestrfcted Funds 31-12-24 Unrestrlcted Funds Notes CURRENT ASSEfs EÈbtors Cash at bank and hand 1909.87 CREDrroRS Amounts falling due within one year Ic34 NEf CURRENT ASSErs 9i)i).liO TOTAL ASSETS LESS CURREKf LIABILrriES gA,33 NET ASSErs YOb.33 FUNDS .33 TOTAL FUNDS The flnancial 5tstements were aptyoved by the PKJard of Tnjstees on 24th January 2025 and were slgned on Its behalf by: Pra
THE HELPFUL PROJEcr NOTES TO THE FINANCIAL sfATEMEiirs FOR THE PERIOD ENDED 31 December 2024 I ACCOUKnNG POLTCIES Accounting convention The financial statements have been prepared under the historical cost convention, wjth the exception of investments which are included at market value, and in accordan with the Financial Reportlng Standard for Smaller Entits-es (effecLive April 20D exception of investments which are included at market value, and in accordance wlth the Financial Reporb"ng Standard for Smaller Entities (effeciive April 2008), the Charibes Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reportlng by Charltles. l incoming resour are included on the Statement of Financial Activitie5 when the charity is legally ent6tled to the income, and the amount can be quantlfied with reasonable accuracy. penditure 15 accounted foron an accruals basls and has been das9fied under headings that aggregate all cost lated to the category. Where costs cannot be directly attributed to particular headings they have been allated to activitie5 on a basis con&5tent the use of resou$. Taxation The charity is exempt from tax on its charltsble actlvities. FurKI 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 purpDSe5 Within the objects of the charity. Restrittlons arlse when speclfied by the donor or when funds are raised for particular restrlcted purposes. 2 MOVEMEiffiN FUNDS Net movement ri funds 111124 31112124 UnStr funds General fund T(rrAL FUNDS 6.33 .33 9)6.33 6.33 Net movement In funds, induded in the above are as follow5.. Incoming resources Movement In funds expendoj General fund TOTAL FUNDS 1929,52 1930.52 906.33 906.33 1023.19 The rttjtes fom part of ttr*e flnanoal statements