**Charity Registration No. 1199104 (England and Wales)**
## **BOOTA FOUNDATION**
**Charitable Incorporated Organization -CIO**
**CHARITY REGISTRATION No: 1199104**
**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023**
_Amzes Accountant_ _**AMZES LTD**_
_**www.amzes-accountancy.co.uk**_
1
## **BOOTA FOUNDATION ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS**
||**Page**|
|---|---|
|Legal and Administrative information|3|
|Trustees' report|4-6|
|Statement of financial Activities|7|
|Statement of financial position|8|
|Notes to the accounts|9-20|
|Independent Examiner's Report|21|
2
**BOOTA FOUNDATION CHARITY INFORMATION FOR THE YEAR ENDED 30 APRIL 2023**
**Trustees at 30 April 2023** Shazad Boota-(Chairman) Raksana Kausar Boota Zeshan Pervaiz Imran Boota Sabira Smriko **Charity Number** 1199104 (England and Wales) **Date of Registration** 26[th] May 2022 **Start of Financial Period** 1[st] May 2022 **End of Financial Period** 30[th] April 2023
**Legal Status** Charitable Incorporated Organization - CIO
**GOVERNING INSTRUMENT** CIO - FOUNDATION Registered 26 May 2022
## _**Objects**_
_**The objects of the CIO, for the public benefit, encompass two primary aims. Firstly, the CIO is dedicated to alleviating the plight of individuals in the UK facing financial hardship and unemployment. This is achieved through the provision of grants, goods, or services tailored to address their immediate needs. Secondly, the CIO extends its reach beyond national borders to address the poverty afflicting refugees, widows, and orphans in areas outside the UK. Particularly focusing on regions ravaged by war or natural disasters, the CIO offers assistance in the form of grants, items, and services to individuals and organizations striving to mitigate the impact of poverty on these vulnerable populations.**_
**Registered Office** Hideaway Work Space 1 Empire Mews London SW16 2BF
**Independent Examiners** AMZES ACCOUNTANTS[Amzes Ltd] 232-236 Green Street London London E7 8LE
3
**BOOTA FOUNDATION TRUSTEES REPORT FOR THE YEAR ENDED 30 APRIL 2023**
The trustees present their report and accounts for the year ended 30 APRIL 2023.
## **Trustees**
The following trustees held office during the whole of the period:
Shazad Boota-(Chairman) Raksana Kausar Boota Zeshan Pervaiz Imran Boota Sabira Smriko
## **Trustees Report: Performance and Activities (May 2022 - April 2023)**
We, the trustees of Boota Foundation, are pleased to present our report for the accounting year from May 2022 to April 2023. Throughout this period, Boota Foundation has remained dedicated to its mission of providing support to those in need through various charitable activities.
## **Summary of Charity Activities:**
1. **Bosnian Family Support:** Throughout the year, our organization received donations to support families in Bosnia facing hardship. These funds were utilized to provide essential support, ensuring that families in need received the assistance required. Our commitment to this cause remains steadfast, with a portion of the donations reserved for ongoing support.
2. **Emergency Appeal - Cancer:** In response to the urgent needs of cancer patients, an emergency appeal was launched. Generous donations were received and allocated towards providing direct assistance to individuals battling cancer. Despite challenges, we continue to maintain reserves to ensure sustained support for those affected by this disease.
3. **Uganda Ramadan Relief:** During Ramadan, our organization provided crucial support to communities in Uganda, ensuring access to food parcels and iftar/suhoor meals. Donations received for this initiative were utilized entirely for direct charitable expenditure, reflecting our commitment to serving those in need.
4. **Yemen Refugee & Poverty Relief:** Donations totaling £5,889 were instrumental in supporting refugees and impoverished communities in Yemen. We allocated £5,600 for direct charitable expenditure, maintaining a reserve of £289 for future initiatives in Yemen.
5. **Fitrana (Zakat ul-Fitr):** Before Eid al-Fitr, our organization collected donations for Fitrana, which were used to provide zakat ul-fitr to individuals in need. This initiative reflects our dedication to fulfilling religious obligations while supporting vulnerable members of the community.
6. **Yemen Orphan & Widow Food Relief:** Despite challenges, our organization allocated donations towards providing food relief to orphans and widows in Yemen. While the expenses exceeded initial estimates, we remain committed to supporting vulnerable groups in the region.
7. **Year-Round Support for Uganda Orphans:** Donations received throughout the year provided ongoing support to orphans in Uganda, ensuring access to essential resources and services. This initiative reflects our long-term commitment to improving the lives of vulnerable children.
8. **Canadian Brother Support:** Our organization provided financial assistance and support to a brother in Canada facing hardship. Donations received were utilized to address immediate needs and provide relief to individuals experiencing difficulties.
4
**BOOTA FOUNDATION**
**TRUSTEES REPORT-(Continued.) FOR THE YEAR ENDED 30 APRIL 2023**
9. **Gran Assistance:** Funds were allocated to provide assistance and support to elderly individuals facing financial difficulties. Through this initiative, we aimed to address the unique challenges faced by the elderly and provide them with necessary support.
10. **Single Mother Support:** Donations received were utilized to support single mothers in need, providing financial assistance and resources to ensure their well-being. A portion of the donations was reserved to continue providing support to single mothers facing challenges.
11. **Liverpool Sister Debt Relief:** Our organization received donations specifically designated for providing debt relief to a sister in Liverpool. These funds were utilized entirely for the intended purpose, reflecting our commitment to addressing individual needs within our community.
12. **London Sister Support:** Donations were allocated to provide financial assistance and support to a sister in London facing a crisis. Through this initiative, we aimed to offer immediate relief and support to individuals experiencing hardships in our local community.
13. **Manchester Sister Support:** Funds were allocated to support a sister in Manchester, with donations utilized for direct charitable expenditure to provide essential assistance. While ensuring immediate support, a portion of the donations was reserved for future initiatives to assist individuals in Manchester.
14. **Sri Lankan Revert Sister Assistance:** Donations received were allocated entirely for providing assistance and support to a revert sister in Sri Lanka. Through this initiative, we aimed to support individuals navigating life changes and challenges, ensuring they receive the necessary assistance.
15. **Medical Aid for Yemeni Girls:** Our organization received donations to provide medical aid to Yemeni girls, addressing urgent healthcare needs. Despite challenges, funds were utilized for direct charitable expenditure to ensure that medical assistance reaches those in need, reflecting our commitment to humanitarian aid.
16. **Kenya Brother Juma Support:** Donations were allocated to provide financial assistance and support to a brother in Kenya facing hardship. Through this initiative, we aimed to offer immediate relief and support to individuals experiencing difficulties in Kenya.
17. **Muamer's Mobility Support:** Our organization received donations to provide mobility support to Muamer, ensuring access to essential resources and services. Despite challenges, funds were utilized for direct charitable expenditure to meet Muamer's mobility needs.
18. **School Books Assistance:** Donations received were utilized entirely for providing assistance and support for purchasing school books, ensuring access to education for children in need. Through this initiative, we aimed to support educational endeavors and promote learning opportunities.
19. **Orphan Student Housing Support:** Funds were allocated to support orphan students with housing costs, ensuring a stable living environment for vulnerable children. Donations received were utilized for direct charitable expenditure, reflecting our commitment to improving the lives of orphaned children.
20. **Family Relocation Assistance:** Our organization received donations to provide assistance and support for relocating a family facing hardship. Through this initiative, we aimed to offer immediate relief and support to families undergoing difficult transitions.
21. **Refugee Relief Program:** Donations received were allocated to support refugees through various relief programs. Despite challenges, funds were utilized for direct charitable expenditure to provide essential aid to refugees, reflecting our commitment to humanitarian assistance.
22. **Syria Earthquake Relief:** Our organization received donations to provide relief to those affected by the earthquake in Syria. These funds were utilized entirely for providing immediate assistance to individuals and communities impacted by the disaster.
23. **Uganda & Yemen Qurbani Campaign:** Donations were received and allocated entirely for conducting Qurbani in Uganda and Yemen, ensuring access to meat for vulnerable communities during Eid al-Adha.
5
**BOOTA FOUNDATION**
**TRUSTEES REPORT-(Continued.) FOR THE YEAR ENDED 30 APRIL 2023**
24. **Bugabo Village Water Well:** All donations were utilized entirely for constructing a water well in Bugabo Village, providing access to clean and safe drinking water for the community.
Through our various initiatives and projects, we strive to make a positive impact on individuals and communities in need, reflecting our commitment to humanitarian values
**Financial Overview:** Total donations amounted to £53,811, with direct charitable expenditure totaling £51,342. This leaves charity reserves at £2,469, ensuring sustainability and effective response to emergencies.
**Future Outlook** : Looking ahead, we remain steadfast in our dedication to promoting charitable purposes for the benefit of the public, with a particular focus on health, and poverty alleviation. We will continue to collaborate with all stakeholders to foster cooperation and partnership working, thereby maximizing the impact of our efforts within the communities we serve.
## **Appreciation and Conclusion**
**Boota Foundation expresses gratitude to all donors, supporters, and volunteers for their contributions to our charitable endeavors. Your generosity has empowered us to make a meaningful impact on the lives of those in need. As trustees, we remain committed to upholding our values and serving the community in the years ahead.**
## **Statement of Trustees' Responsibilities**
The Charities Act 2011 imposes on trustees the duty to diligently prepare financial statements annually, ensuring they accurately reflect the Charity's financial status and surplus for the given period. In fulfilling this obligation, trustees are entrusted with several key responsibilities. They must carefully select appropriate accounting policies and consistently apply them. Furthermore, trustees are expected to exercise prudent judgment when making estimates and judgments, ensuring they are both reasonable and sound. Moreover, it is the trustees' responsibility to prepare financial statements based on the assumption that the charity will continue operating as a going concern, unless circumstances dictate otherwise.
In addition to financial reporting, trustees are accountable for maintaining comprehensive accounting records that provide a clear and transparent overview of the Charity's transactions. These records should be detailed enough to accurately portray the Charity's financial position and ensure compliance with legal requirements outlined in the Charities Act 2011. Furthermore, trustees are entrusted with the vital task of safeguarding the Charity's assets, necessitating the implementation of adequate measures for fraud prevention and detection.
Signed on behalf of the trustees
............................................................................
SHAZAD BOOTA
CHAIRMAN
Approved by the trustees on: 30 March 2024
6
## **BOOTA FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023**
|**Incoming resources (Note 1)**
**Income and endowments from:**
Donations and legacies
**Charitable activities-(Grants & Contracts)**
Other trading activities
Investments
Separate material item of income
Other
**_Total_**
**Resources expended (Note 2)**
**Expenditure on:**
Raising funds
Cost of Charitable activities
Governance Costs
Other
**_Total_**
**before investment**
**gains/(losses)**
Net gains/(losses) on investments
**Net income/(expenditure)**
**Extraordinary items**
**Transfers between funds**
**gains/(losses):**
Loans & Advances
Other gains/(losses)
**_Net movement in funds_**
**_Reconciliation of funds:_**
Total funds brought forward
**_Total funds carried forward_**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03
-
53,811
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total funds**
**30 APRIL 2023**
**Prior year**
**funds**
**30 APRIL 2022**
**£**
**£**
F04
F05
53,811
-
-
-
-
-
-
-
-
-
-
-|
|---|---|---|
||**-**
**53,811**
**-**|**53,811**
**-**|
||-
-
-
-
51,342
-
210
-
-
-
-|-
-
51,342
-
210
-
-
-|
||**-**
**51,552**
**-**|**51,552**
**-**|
||||
||-
2,259
-|2,259
-|
||-
-
-|-
-|
||-
2,259
-|2,259
-|
||-
-
-
-
-
-
-
-
-
-|-
-
-
-
-
-
-
-|
||**-**
**2,259**
**-**|**2,259**
**-**|
||-
-
-|-
-|
||**-**
**2,259**
**-**|**2,259**
**-**|
7
## **BOOTA FOUNDATION STATEMENT OF FINANCIAL POSITION AS AT 30 APRIL 2023**
|**Fixed assets**
**Intangible assets**
**Tangible assets**
**_Total fixed assets_**
**Current assets**
**Stocks**
**Debtors**
**Cash at bank and in hand (Note 9)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 8)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 8)**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Restricted income funds (Note 10)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total**
**30 APRIL 2023**
**Total last year**
**30 April 2022**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
- - -
-
-
- - -
-
-|
|---|---|
||- - -
-
-|
||- - -
-
-
- - -
-
-
- 2,469
-
2,469
-|
||**- 2,469**
**-**
**2,469**
**-**|
||
- 210 -
210
-|
||- 2,259
-
2,259
-|
|||
||**- 2,259**
**-**
**2,259**
**-**|
||- - -
-
-|
||**- 2,259 -**
**2,259**
**-**|
||2,259
2,259
-
- - -
-
-
-|
||**- 2,259**
**-**
**2,259**
**-**|
||
**30/03/2024**
Chairman
Print Name
**Shazad Boota**|
8
## **BOOTA FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023**
## **Note 1 Analysis of income**
|**Charitable**
**activities:**
**Investement**
**Income**
**Donations and**
**legacies:**
**TOTAL INCOME**|Donations and gifts
Gift Aid
Legacies
General grants provided by
government/other charities
**Total **
Grants & Conntracts received are
as follows
**Total **
**Analysis**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Total funds**
**30 April 2023**
**£**
- 53,811 53,811
- - -
- - -
- - -
**- 53,811 53,811**
**- - -**
- - -
-
-
-
-
**- - -**
**- 53,811 53,811**|
|---|---|---|
||||
||Interest
Dividend
**Total **||
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## **BOOTA FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023**
## **Note 2 Analysis of expenditure**
**----- Start of picture text -----**
Unrestricted Restricted
funds income funds Total funds
Analysis £
Expenditure on Incurred seeking donations - - -
raising funds: Incurred seeking grants
Total expenditure on raising funds - - -
Expenditure on 1) to relieve those in need due to financial hardship
charitable and unemployment in the UK by providing grants,
activities goods, or services designed to alleviate their needs,
and 2) to prevent or relieve the poverty of refugees,
widows, and orphans from areas outside the UK
affected by war or natural disaster by providing
grants, items, and services to individuals in need
and/or charities or other organizations working to
prevent or relieve poverty of refugees, widows, and
orphans.
- 51,342 51,342
Total expenditure on charitable activities
- 51,342 51,342
Governence Accountancy & Independent Examiner Fees - 210 210
Costs
- -
- - -
Total - 210 210
Other
Bank Fees - - -
Total other expenditure - - -
TOTAL EXPENDITURE - 51,552 51,552
**----- End of picture text -----**
10
## **BOOTA FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023**
## **Note 2.1 Analysis of expenditure**
## **Analysis of expenditure on charitable activities**
**----- Start of picture text -----**
Direct
Donations Total Expenses Charity
Sr.No Charitable Appeal Charitable
Received This Year Reserves
Expenditure
1 Bosnian Family Support 9,296 8,646 8,646 650
2 Emergency Appeal- Cancer 5,604 5,704 5,704 - 100
3 Uganda Ramadan Relief 2,450 2,450 2,450 -
4 Yemen Refugee & Poverty Relief 5,889 5,600 5,600 289
5 Fitrana (Zakat ul-Fitr) 356 356 356 -
6 Yemen Orphan & Widow Food Relie 700 810 810 - 110
7 Year-Round Support for Uganda Orp 2,100 2,100 2,100 -
8 Canadian Brother Support 1,000 1,000 1,000 -
9 Gran Assistance 350 350 350 -
10 Single Mother Support 1,058 380 380 678
11 Liverpool Sister Debt Relief 525 525 525 -
12 London Sister Support 1,072 775 775 297
13 Manchester Sister Support 737 737 737 -
14 Sri Lankan Revert Sister Assistance 1,000 - - 1,000
15 Medical Aid for Yemeni Girl's 1,390 1,665 1,665 - 275
16 Kenya Brother Juma Support 1,010 1,010 1,010 -
17 Muamer's Mobility Support 2,700 2,690 2,690 10
**----- End of picture text -----**
11
## **BOOTA FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023**
## **Note 2.1 Analysis of expenditure**
## **Analysis of expenditure on charitable activities**
**----- Start of picture text -----**
Direct
Donations Total Expenses Charity
Sr.No Charitable Appeal Charitable
Received This Year Reserves
Expenditure
18 School Books Assistance 100 100 100 -
19 Orphan Student Housing Support 1,710 1,690 1,690 20
20 Family Relocation Assistance 2,000 2,000 2,000 -
21 Refugee Relief Program 4,044 4,145 4,145 - 101
22 Syria Earthquake Relief 3,720 3,720 3,720 -
23 Uganda & Yemen Qurbani Campaig 4,350 4,239 4,239 111
24 Bugabo Village Water Well 650 650 650 -
Total 53,811 51,342 51,342 2,469
**----- End of picture text -----**
Note: "Total" row represents the sum of donations received, direct charitable expenditure, and charity reserves
12
**BOOTA FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023**
## **Note 3 Basis of preparation**
_**This section should be completed by all charities** ._
## **3.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
- the Statement of Recommended Practice: Accounting and Reporting by Charities
- • and with* preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
- • and with* the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
**Yes**
* -Tick as appropriate
## **3.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that _**The charity's continued financial stability, positive growth**_ support the conclusion that the charity is a _**trends, and strategic plans affirm its status as a going**_ going concern; _**concern.**_ Disclosure of any uncertainties that make the _**Not applicable**_ going concern assumption doubtful; Where accounts are not prepared on a going _**Not applicable**_ concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## **3.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
|Yes*||||||
|---|---|---|---|---|---|
|||||* -Tick as appropriate||
|No*||||||
|**_Please disclose:_**||||||
|**_(i) the nature of the_**||**_change in accounting policy;_**|||Not applicable|
|**_(ii) the reasons why applying the new accounting policy_**||||||
|**_provides more reliable_**|||**_and more relevant information;_**||Not applicable|
|**_and_**||||||
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## **BOOTA FOUNDATION NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 30 APRIL 2023**
_**(iii) the amount of the adjustment for each line affected Not applicable in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.**_
## **3.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
|Yes*
No*|* -Tick as appropriate||
|---|---|---|
|**_Please disclose:_**|||
|**_(i) the nature of any changes;_**||Not applicable|
|**_(ii) the effect of the change on income and expense or_**
**_assets and liabilities for the current period; and_**||Not applicable|
|**_(iii) where practicable, the effect of the change in one or_**||**_Not applicable_**|
|**_more future periods._**|||
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
**----- Start of picture text -----**
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the prior period error; Not applicable
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
Not applicable
(iii) the amount of the correction at the beginning of the Not applicable
earliest prior period presented in the accounts.
**----- End of picture text -----**
14
**BOOTA FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023**
## **Note 4 Accounting policies**
## **4.1 INCOME**
|**Note 4**
**4.1 INCOME**|**Accounting policies**|
|---|---|
|**Recognition of income**|These are included in the Statement of Financial Activities (SoFA) when:|
|| the charity becomes entitled to the resources;|
||· it is more likely than not that the trustees will receive the resources; and|
|| the monetary value can be measured with sufficient reliability.|
||There has been no offsetting of assets and liabilities, or income and expenses, unless required|
|**Offsetting**|or permitted by the FRS 102 SORP or FRS 102.|
||Grants and donations are only included in the SoFA when the general income|
|**Grants and donations**|recognition criteria are met (5.10 to 5.12 FRS102 SORP).|
||In the case of performance related grants, income must only be recognised to the extent|
||that the charity has provided the specified goods or services as entitlement to the grant|
||only occurs when the performance related conditions are met (5.16 FRS 102 SORP).|
|**Legacies**|Legacies are included in the SOFA when receipt is probable, that is, when there has|
||been grant of probate, the executors have established that there are sufficient assets in|
||the estate and any conditions attached to the legacy are either within the control of the|
||charity or have been met.|
|**Government grants**|The charity has received government grants in the reporting period|
||Gift Aid receivable is included in income when there is a valid declaration from the|
|**Tax reclaims on**|donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift|
|**donations and gifts**|and is treated as an addition to the same fund as the initial donation unless the donor or|
||the terms of the appeal have specified otherwise.|
|**Contractual income and**|This is only included in the SoFA once the charity has provided the related goods or|
|**performance related**|services or met the performance related conditions.|
|**grants**||
|**Donated goods**|Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.|
||The cost of any stock of goods donated for distribution to beneficiaries is deemed to be|
||the fair value of those gifts at the time of their receipt and they are recognised on|
||receipt. In the reporting period in which the stocks are distributed, they are recognised|
||as an expense at the carrying amount of the stocks at distribution.|
||Donated goods for resale are measured at fair value on initial recognition, which is the|
||expected proceeds from sale less the expected costs of sale, and recognised in 'Income|
||from other trading activities' with the corresponding stock recognised in the balance|
||sheet. On its sale the value of stock is charged against 'Income from other trading|
||activities' and the proceeds from sale are also recognised as 'Income from other trading|
||activities'.|
||Goods donated for on-going use by the charity are recognised as tangible fixed assets|
||and included in the SoFA as incoming resources when receivable.|
||Gifts in kind for use by the charity are included in the SoFA as income from donations|
||when receivable.|
|**Donated services and**|Donated services and facilities are included in the SOFA when received at the value of|
|**facilities**|the gift to the charity provided the value of the gift can be measured reliably.|
||Donated services and facilities that are consumed immediately are recognised as|
||income with an equivalent amount recognised as an expense under the appropriate|
||heading in the SOFA.|
The charity has incurred expenditure on support costs.
**Support costs**
15
**BOOTA FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023**
The value of any voluntary help received is not included in the accounts but is described **Volunteer help** in the trustees’ annual report. **Income from interest,** This is included in the accounts when receipt is probable and the amount receivable can **royalties and dividends** be measured reliably. **Income from membership** Membership subscriptions received in the nature of a gift are recognised in Donations **subscriptions** and Legacies.
Insurance claims are only included in the SoFA when the general income recognition **Settlement of insurance** criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other **claims** income in the SoFA. **Investment gains and** This includes any realised or unrealised gains or losses on the sale of investments and **losses** any gain or loss resulting from revaluing investments to market value at the end of the year.
## **4.2 EXPENDITURE AND LIABILITIES**
|**Liability recognition**|Liabilities are recognised where it is more likely than not that there is a legal or|
|---|---|
||constructive obligation committing the charity to pay out resources and the amount of|
||the obligation can be measured with reasonable certainty.|
|**Governance and support**
**costs**|Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.|
||Support costs include central functions and have been allocated to activity cost|
||categories on a basis consistent with the use of resources, eg allocating property costs|
||by floor areas, or per capita, staff costs by the time spent and other costs by their usage.|
|**Grants with performance**
**conditions**|Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.|
|**Grants payable without**
**performance conditions**|Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.|
|**Redundancy cost**|The charity made no redundancy payments during the reporting period.|
|**Deferred income**|No material item of deferred income has been included in the accounts.|
|**Creditors**|The charity has creditors which are measured at settlement amounts less any trade
discounts|
||A liability is measured on recognition at its historical cost and then subsequently|
|**Provisions for liabilities**|measured at the best estimate of the amount required to settle the obligation at the|
||reporting date|
|**Basic financial**
**instruments**|The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.|
## **4.3 ASSETS**
**Tangible fixed assets for** These are capitalised if they can be used for more than one year, and cost at least **use by charity**
They are valued at cost.
16
## **BOOTA FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023**
The depreciation rates and methods used are disclosed in note 9.2.
**Intangible fixed assets** The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
**Investments** Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments
**Stocks and work in** Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net **progress** realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at **Debtors** settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
The charity has has investments which it holds for resale or pending their sale and cash and **Current asset** cash equivalents with a maturity date less than one year. These include cash on deposit and **investments** cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due.
17
## **BOOTA FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023**
## **Note 5 Details of certain items of expenditure**
## **5.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
**Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees**
||**This year**||**Last year**||
|---|---|---|---|---|
||**£**||**£**||
||||||
||210.00|||-|
||||||
|||-||-|
||||||
|||-||-|
## **Note 6 Paid employees**
## **6.1 Staff Costs**
|**Salaries and wages**
**Social security costs**
**Pension costs (defined contribution scheme)**
**Other employee benefits**
**Total staff costs**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -|
|---|---|
||**- -**|
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**BOOTA FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023**
## **Note 7 Debtors and prepayments**
|**7.1 Analysis of debtors**
**Trade debtors**
**Other debtors**|**This year**
**Last year**
**£**
**£**
- -
- -|
|---|---|
||**- -**|
## **Total**
## **7.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)**
|**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**Last year**
**£**
**£**
- -
- -
- -|
|---|---|
||**- -**
|
## **Note 8 Creditors and accruals**
## **8.1 Analysis of creditors**
|**8.1 Analysis of creditors**||
|---|---|
|
**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts or**
**performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**This year**
**Last year**
**This year**
**Last year**
**£**
**£**
**£**
**£**
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
210
- - -
**Amounts falling due**
**Amounts falling due after**|
||**210**
**- - -**|
|**Note 9 Cash at bank and in hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**
**Cash at bank and on hand**|**This year**
**Last year**
**£**
**£**
- -
- -
2,469
-|
|---|---|
||**2,469**
**-**|
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## **BOOTA FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2023**
## **Note 10 Charity funds**
## **10.1 Details of material funds held and movements during the CURRENT reporting period**
## _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
Type PE, balances balances
EE R or Purpose and Restrictions brought carried
UR * forward Income Expenditure Loans forward
Fund names £ £ £ £ £
Unrestricted charity funds are financial contributions
given to a charitable organization without specific
earmarks or restrictions on their use. These funds
Donations & Gifts UR
provide flexibility for the organization to allocate
resources based on immediate needs, ongoing
programs, or unforeseen challenges, enhancing
adaptability and responsiveness to their mission. - - - - -
Restricted charitable funds allocated 1) to relieve
those in need due to financial hardship and
unemployment in the UK by providing grants,
goods, or services designed to alleviate their needs,
and 2) to prevent or relieve the poverty of refugees,
Charitable R widows, and orphans from areas outside the UK - 53,811 - 51,552 - 2,259
Activities/Projects affected by war or natural disaster by providing
grants, items, and services to individuals in need
and/or charities or other organizations working to
prevent or relieve poverty of refugees, widows, and
orphans.
Total Funds - 53,811 - 51,552 - 2,259
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**----- End of picture text -----**
**BOOTA FOUNDATION**
## **Independent examiner's report on the accounts**
## _**Section A Independent Examiner’s Report**_
> **Report to the trustees BOOTA FOUNDATION**
> **On accounts for the year 30 APRIL 2023 Charity no 1199104 ended (if any) Set out on pages** I report to the trustees on my examination of the accounts of the above
> charity (“ **BOOTA FOUNDATION** ”) for the year ended **30 / 04 / 2023. Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the Charity’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** I have completed my examination. I confirm that no material matters have **statement** come to my attention in connection with the examination 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.
Zeeshan Munawar ACCA AMZES ACCOUNTANT Amzes Ltd London E7 8LE
30 March 2024
21