Company Registration Number: CE026787 Charity Registration Number: 1195977
MAMA WELFARE ORGANISATION UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Mama Welfare Organisation Unaudited Financial Statements For the Year Ended 31 December 2024
Contents
| Page | |
|---|---|
| Trustees' annual Report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 2 |
| Statement of financial activities (including income and expenditure account) | 3 |
| Statement of financial position | 4 |
| Statement of cash flows | 5 |
| Notes to the financial statements | 6-7 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 8 |
Mama Welfare Organisation Trustees' Annual Report (Incorporating the Director's Report) For the Year Ended 31 December 2024
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 December 2024.
Reference and administrative details
Registered charity name Mama Welfare Organisation Charity registration number 1195977 Company registration number CE026787 Principal office and registered office 301 New Road Porthcawl CF36 5BE
The trustees
Mrs S Ara Khan Mr S Rehman Dr M Iqbal
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on
and signed on behalf of the board of trustees by:
Mrs S Ara Khan Mr S Rehman Trustee Trustee Dr M Iqbal Trustee
Page 1
Mama Welfare Organisation Independant Examiner's Report to the Trustees of Mama Welfare Organisation For the Year Ended 31 December 2024
We report to the trustees on our examination of the financial statements of Mama Welfare Organisation for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity's trustees you re responsible for the preperation of the accounts. The charity's trustees consider an audit is not required for this year under s43 (3) of the Charities Act 1993 (the Act).
It is our responsibility to:
-
Examine the accounts (under s43 (3) (a) of the 1993 Act)
-
Follow the procedeures laid down in the General Directions given by the Charity Commissioners under section 43 (7) (b) of the Act, and
-
To state whether particular matters have come to our attention.
Having satisfied ourselves that the charity is not subject to audit under the company law and is eligble for independent examination, it is our responsibility to:
- " examine the accounts under section 145 of the 2011 Act;
" to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- "to state whether particular matters have come to our attention.
Independent examiner's statement
We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Suhaib Haq ACA Independent Examiner
71 Hamilton Street, Pontcanna, Cardiff, CF11 9BQ
Page 2
Mama Welfare Organisation Statement of Financial Activities For the Year Ended 31 December 2024
| Note Income and endownments Donations and legacies 4 Expenditure Expenditure on raising funds Costs of raising donations and legacies 5 Other expenditure 6 Net income and new movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestrited Funds Total Funds £ £ 35,470 35,470 35,470 35,470 67,283 67,283 85 85 67,368 67,368 (31,898) (31,898) 138,087 138,087 106,189 106,189 Year to 31 Dec 2024 |
Year to 31 Dec 2023 Total Funds £ 113,830 |
|---|---|---|
| 113,830 | ||
| 95,052 159 |
||
| 95,211 | ||
| 18,619 | ||
| 119,468 | ||
| 138,087 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Page 3
Mama Welfare Organisation Statement of Financial Position For the Year Ended 31 December 2024
| Notes Current Assets Cash at bank and in hand Creditors: amounts falling due within one year 9 Net current assets Total assets less current liabilities Net assets Funds of the charity Unrestricted funds Total charity funds 10 |
2024 £ 106,647 458 106,189 106,189 106,189 106,189 |
2023 £ 138,245 158 138,087 |
|---|---|---|
| 138,087 | ||
| 138,087 | ||
| 138,087 |
For the year ending 31 December 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Trustees' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on and are signed on behalf of the board by:
----- Start of picture text -----
Mrs S Ara Khan Mr S Rehman
Trustee Trustee
Dr M Iqbal
Trustee
----- End of picture text -----
Page 4
Mama Welfare Organisation Statement of Cash Flows For the Year Ended 31 December 2024
| Cash flows from operating activities Net income Adjustments for: Accrued expenses Changes in: Trade and other creditors Cash generated from operations Net cash from operating activities Net increase/decrease in cash and cash equivelants Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year |
2024 2023 £ £ (31,898) 18,619 (300) 100 58 (31,598) 18,777 (31,598) 18,777 (31,598) 18,777 138,245 119,468 106,647 138,245 |
|---|---|
The notes on pages 6 to 8 form part of these financial statements
Page 5
Mama Welfare Organisation Notes to the Financial Statements For the Year Ended 31 December 2024
1.General Information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 301 New Road, Porthcawl, CF36 5BE.
2. Staement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3.Accounting Policies
3.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
3.2. Going concern
There are no material uncertainties about the charity's ability to continue.
4. Donations and legacies
| 2024 Donations £ Donations 14,860 Just Giving 20,610 35,470 5. Cost of raising donations and legacies 2024 Donations £ 67,368 Cost of raising donations and legacies - Donations Unrestricted Funds Unrestricted Funds |
2024 2023 £ £ 14,860 47,063 20,610 66,767 35,470 113,830 2024 2023 £ £ 67,368 95,052 Unrestricted Funds Total Funds Total Funds Unrestricted Funds |
2023 £ 47,063 66,767 Total Funds |
|---|---|---|
| 113,830 | ||
| 2023 £ 95,052 Total Funds |
||
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Page 6
Mama Welfare Organisation Notes to the Financial Statements For the Year Ended 31 December 2024
6. Other expenditure
| Unrestricted Funds | Total Funds | Unrestricted Funds | Total Funds | |
|---|---|---|---|---|
| 2024 | 2024 | 2023 | 2023 | |
| £ | £ | £ | £ | |
| Bank Charge | 85 | 85 | 159 | 159 |
7. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| Year to Dec 2024 | Year to Dec 2023 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 21,600 | 18,658 |
The average head count of employees during the year was 2 (2023: 2).
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
8. Trustee remuneratio and expenses
9. Creditors: amounts failing due within one year
| 9. Creditors: amounts failing due within one year | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Accruals and deferred income | 400 | 100 |
| Social security and other taxes | 58 | 58 |
| 458 | 158 |
10. Analysis of charitable funds
Unrestricted funds
| General funds General funds 11. Analysis of changes in net debt Cash at bank and in hand |
At 1 January 2024 Income £ £ 35,470 At 1 January 2023 Income £ £ 113,830 At 1 January 2024 £ 138,245 119,468 138,087 |
Expenditure At December 2024 £ £ (67,368) 106,189 Expenditure At December 2023 £ £ (95,211) 138,087 Cash Flows At December 2024 £ £ (31,598) 106,647 |
|---|---|---|
Page 7
Mama Welfare Organisation Detailed Statement of Financial Activities For the Year Ended 31 December 2024
| 31 Decemeber 2024 | 31 December, 2023 | |
|---|---|---|
| £ | £ | |
| Income and endownments | ||
| Donations and Legacies | ||
| Donations | 14,860 | 47,063 |
| Just Giving | 20,610 | 66,767 |
| Total Income | 35,470 | 113,830 |
| Expenditure | ||
| Costs of raising donations and legacies | ||
| Donations paid | 41,462 | 52,513 |
| Wages and salaries | 21,600 | 18,658 |
| Repairs and Maintainence | - | - |
| Motor Expenses | 161 | 174 |
| Travel and Subsistence | 1,772 | 4,141 |
| Printing, postage and stationery | - | 11 |
| Software Support | 436 | 384 |
| Subscription fee | 562 | 562 |
| Courier and delivery | 19 | 15,505 |
| Sundry expenses | 421 | 793 |
| Admin fee | - | 1,711 |
| Accountancy fees | 850 | 600 |
| 67,283 | 95,052 | |
| Other expenditure | ||
| Bank Charge | 85 | 159 |
| Total expenditure | 67,368 | 95,211 |
| Net income | (31,898) | 18,619 |
Page 8