REGISTERED CHARITY NUMBER: 1197028
Report of the Trustees and Unaudited Financial Statements for the year ended 31 October 2022 for Friends of Charity International
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip HA4 6SA
Friends of charity International
Contents of the Financial Statements For the Year Ended 31 October 2022
Page Report of the Trustees 1 to 4 Independent Examiner's Report 5 Statement of Financial Activities 6 Balance Sheet 7 Notes to the Financial Statements 8 to 10 Detailed Statement of Financial Activities 11
Friends of charity International
Report of the Trustees For the Year Ended 31 October 2022
The trustees present their report with the financial statements of the charity for the year ended 31 October 2022. 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
The charity's objective is the prevention and relief of poverty and financial hardship and sickness anywhere in the world, in particular for those in socially and economically disadvantaged communities, and victims of natural disasters, wars and other conflicts with the provision of financial or other assistance including medicines, hospitals, shelter and food, and by providing or assisting in provision of education, training, healthcare projects, and all the necessary support designed to enable individuals to generate sustainable income and become self-sufficient.
Statement on public benefit
The aims and objectives are entirely consistent with our charitable purpose, and we continue to be focussed on charitable works.
The work carried out by the Charity is directly and indirectly beneficial to the charitable sector and more specifically to those individuals who are in need.
The benefits are for the public and not unreasonably unrestricted in any way.
There is no detriment to any country, society, community or individual arising out of the Charity’s activities.
ACHIEVEMENT AND PERFORMANCE Significant activities
Projects in Pakistan
Our Charity launched its website and Charity Appeals to the public as a Ramadhan (Month of fasting) Launch in March 2022. This was an intense effort to not only raise funds for family food packs, and cooked meals for socially and economically deprived areas during the especially hard months of Ramadan when families would be fasting from sunrise to sunset, but also to raise awareness of their plight in general. Friends of Charity International made substantial progress and surpassed all our expectations for growth, volunteerism and most important delivery of aid. Our core projects of the provision of Food remain a vital source of support for the beneficiaries. Our aim is to continue to expand projects and provide our loyal donor base with opportunities for giving that effect the impact and change that they expect.
During the month of fasting we were able to give Donors an opportunity of not only donating but also of seeing where their donations were going and how they were making and impact. This was done by the use of social media platforms, in particular Instagram, Facebook and our website.
Since our launch in Ramadan in March to October 2022 Friends of Charity International have provided:
Feeding Friends In Need Project – Which has comprised of:
- Sadaqah Sacrifice Project
35 goat sadaqah sacrifices, giving food to approximately 315 families ( on average 4-5 persons per family ).
115 chicken sadaqah sacrifices giving food to approximately 230 families ( on average 4-5 persons per family ).
Friends of charity International
Report of the Trustees For the Year Ended 31 October 2022
- Donate A degh/Cooked meals Project
187 Deghs, with each degh feeding approximately 40-50 people
- Family Food Pack ( for a family of 4-5 for a month)
586 food packs
In total our Feeding Friends in Need Projects have enabled Friends of Charity International to provide food to nearly 14,000 people.
In August 2022, Friends of Charity International were also invited to assist with a Medical Camp in Pakistan with RWF Charity In Pakistan providing medical care to over 500 people.
In addition we also licensed and launched 'Brothers-stayalive' - a free suicide prevention app and also one specifically aimed at primary school aged children and their parents or guardians also free, called Worrinots. Both have been well received.
FINANCIAL REVIEW
The charity is funded mainly by donations from the family members, friends and public at large the trustees have been astounded by the level of support during the year, with donations exceeding £69,000. Expenditure was £33,219 The Statement of Financial Activities gives full details of the income and expenses during the period.
FUTURE PROJECTS
Continue to deliver aid in Pakistan in the form of our Food Projects of Donate a Degh cooked Meals/ Family Monthly Food Packs/Sadaqah Sacrifice Meat and Chicken to those individuals, families and communities in need.
Deliver Aid in the form of Water Hand Pumps to provide safe and clean drinking water.
Assist with sustainable income generating projects.
Assist socially deprived communities with infrastructure to make their lives better in the form of suitable homes, places of communal interest such as educational establishments for children and adults, community centres and places of worship.
Make the general public more aware through social media platforms and advertise more our work.
Enhance and develop our operational structures to ensure we are in line with Charity Commission guidelines and fundraising regulations.
Increase our volunteers to assist with fundraising activities amongst others.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Friends of Charity International under its constitution is a UK registered charity. It is a Charitable Incorporated Organisation and its governing document is CIO.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Friends of charity International
Report of the Trustees For the Year Ended 31 October 2022
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity Number
1197028
Principal address
Red Roofs Valencia Road Stanmore HA7 4JL
Trustees
The trustees serving during the period were as follows.
Mrs Shahzea Fathima Abbas Tahir – Chairman - Appointed on 9 December 2021 Prof Hasan Imam Syed Tahir - Appointed on 9 December 2021 Mr Syed Haider Zain Hasan Tahir - Appointed on 9 December 2021 Mr Syed Shah Faisal Abbas - Appointed on 9 December 2021 Mrs Nageena Tasneem Hussain - Appointed on 9 December 2021 Mr Nawazish Shah - Appointed on 9 December 2021
Independent examiner
Daniel Consultancy Morritt house 54-60 Station Approach South Ruislip HA4 6SA
Approved by order of the board of trustees on 2 April 2023 and signed on its behalf by:
…………………………………………………………… Mrs Shahzea Fathima Abbas Tahir - Trustee
Independent Examiner's Report to the Trustees of Friends of charity International
Responsibilities and basis of report
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 October 2022.
As the charity's trustees, are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I 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.
…………………………………… Sri Pragash FCCA Daniel Conultancy 54-60 Station Approach South Ruislip HA4 6SA
2 April 2023
Statement of Financial Activities For the year ended 31 October 2022
Friends of charity International
| Notes INCOME AND ENDOWMENTS FROM: Donation and legacies 2 Total EXPENDITURES ON Charitable activities 3 NET INCOME TOTAL FUNDS CARRIED FORWARD |
Unrestricted Fund 69,033 |
|---|---|
| 69,033 33,219 |
|
| 35,814 | |
| 35,814 |
The notes form part of these financial statements
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Friends of charity International Balance Sheet At 31 October 2022
| Unrestricted | ||
|---|---|---|
| fund | ||
| Notes | £ | |
| CURRENT ASSETS | ||
| Cash at bank | 37,658 | |
| 37,658 | ||
| CREDITORS | ||
| Amounts falling due within one year | 6 | (1,843) |
| NET CURRENT ASSETS | 35,814 | |
| TOTAL ASSETS LESSCURRENT | ||
| LIABILITIES | 35,814 | |
| NET ASSETS | 35,814 | |
| FUNDS | 7 | |
| Unrestricted funds | 35,814 | |
| TOTALFUNDS | 35,814 |
The financial statements were approved by the Board of Trustees on 2 April 2023 and were signed on its behalf by:
……………………………………………………………….. Mrs Shahzea Fathima Abbas Tahir - Trustee
The notes form part of these financial statements
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Friends of charity International
Notes to the Financial Statements for the year ended 31 October 2022
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'. The financial statements have been prepared under the historical cost convention.
Friends of Charity International meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognized at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Statement of cash flows
The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charitable company is small.
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 th e 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 costs 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.
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.
The charity has no restricted funds.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
2. INCOME FROM DONATIONS AND LEGACIES
£ Unrestricted Funds Donations received 69,033
3. CHARITABLE ACTIVITIES COSTS
Direct costs Support costs Totals (See note 4) £ £ £ Charitable Activities 31,059 2,160 33,219
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Friends of charity International
Notes to the Financial Statements - continued for the year ended 31 October 2022
4. DIRECT COSTS OF CHARITABLE ACTIVITIES
| Charitable project expenses Marketing and advertising Insurance Website and Software costs Bank charges Exchange difference Telephone Printing and stationery |
£ 28,583 17 212 1,028 261 532 72 354 31,059 |
|---|---|
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31 October 2022.
Trustees' expenses
There were no trustees' expenses paid for the period ended 31 October 2022.
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£ Trade creditors 1,843 1,843
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Friends of charity International
Notes to the Financial Statements - continued for the year ended 31 October 2022
7. MOVEMENT IN FUNDS
Net movement in funds At 31.10.22 £ £ Unrestricted funds General fund 35,814 35,814 TOTAL FUNDS 35,814 35,814 Net movement in funds, included in the above are as follows: Incoming Resources Movement in resources expended funds £ £ £ Unrestricted funds General fund 69,033 (33,219) 35,814 TOTAL FUNDS 69,033 (33,219) 35,814
Purpose of unrestricted Funds
General
The purpose of the general fund is to deliver the charity's objects and help meet the charity's obligations in respect of public benefit.
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Friends of charity International
Detailed Statement of Financial Activities
for the year ended 31 October 2022
| INCOME AND ENDOWMENT Donations and legacies Donations Total Incoming Resources EXPENDITURE Charitable activities Charitable project costs SUPPORT COSTS Management Marketing and advertising Insurance Website and Software costs Bank charges Exchange difference Telephone Printing and stationery Governance Costs Accountancy fees Legal and professional fees Total resource expended Net Income |
£ 69,033 |
|---|---|
| 69,033 28,583 |
|
| 28,583 17 212 1,028 261 532 72 354 |
|
| 2,476 1,050 1,110 |
|
| 2,160 | |
| 33,219 | |
| 35,814 |
This page does not form part of the statutory financial statements
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