## **House of Innocence**
## **Report of the Trustees and Unaudited Financial Statements**
**For The Period 3 March 2023 To 31 March 2024**
## **House of Innocence**
## **Index to the financial statements**
## **For The Period 3 March 2023 To 31 March 2024**
||**Page**|
|---|---|
|The Committee, Advisors & Registration Details|1|
|Report of the Committee|2-4|
|Independent Examiner’s Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8-12|
## **House of Innocence**
## **The Committee, Advisors & Registration Details**
## **For The Period 3 March 2023 To 31 March 2024**
## **Trustees:**
**Name Appointment Date Resignation Date** Tijan Mboob 03/03/2023 Baboucarr Ndure 03/03/2023 Ali Jaw 03/03/2023
## **Committee of Management:**
Dououda Niass Tijan Mboob Kawsu Konta Baboucarr Ndure Ali Jaw Aji Yagou Jones Ali Hydara Nogoi Taal Abdoulahat Bawo Severn Accounting Shaw Mews 1 Shaw Street Worcester WR1 3QQ
## **Independent examiners:** Severn Accounting
## **Charity Registration Number: 1202167**
## **Registered Office:**
11 Poppy Drive Northfield Birmingham B31 1EA
1
**House of Innocence**
## **Report of the Trustees**
## **For The Period 3 March 2023 To 31 March 2024**
## **The Trustees present their report together with the financial statements for the year ended 31 March 2024.**
## **Objectives and Principal Activities**
Our objectives are to advance and to relieve poverty, sickness and financial hardship in Senegal and Gambia through the provision of food, shelter, education, medical and financial aid for those in need including vulnerable women, the elderly and children.
The charity was incorporated as a Charitable Incorporated Organisation (CIO) and registered with the Charity Commission on the 03/03/2023.
## **Going Concern**
Given that most of the Charity's funding comes from donations from individuals, the trustees believe that, while uncertainty exists, this does not cast a material doubt on the Charity's ability to continue as a going concern. The trustees, therefore, consider it appropriate for the financial statements to be prepared on a going concern basis.
## **Statement of responsibilities of the Board**
The Executive Board is responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and regulations. Charity Commission legislation requires the Committee to prepare financial statements for each financial year. Under that law the trustees have adopted the provision of the Statement of Recommended Practice (SORP), Accounting and Reporting by Charities in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”). In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and estimates that are reasonable and prudent;
- - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The Committee is responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable it to ensure that the financial statements comply with the Charities Act 2011. It is 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.
## **Disclosure of information to independent examiners**
In so far as each of the trustees is aware:
- there is no relevant information of which the charity's independent examiners are unaware; and
- - the trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant information and to establish that the independent examinerss are aware of that information.
2
**House of Innocence**
## **Report of the Committee**
## **For the year ended 31 March 2024 (continued)**
## **Activities During the Year**
The Charity continues to carry out activities during the year with most projects completed successfully.
## **Ramadan Appeal (Iftarr)**
In the beginning of the holy month of Ramadan (fasting) in March 2023, the charity embarked on a campaign to raise funds to support people who couldn’t afford proper meals in the evenings after breaking their fasts. The responds from the members and the general public was amazing and a total of £1,227 was raised. This was used to buy bags of rice, dates and sugar and distributed to the most needy families in Birmingham, Gambia and Senegal.
## **Zakatul Fitr (End of Ramadan alms)**
Fasting muslims are required to give alms at the end of the month of Ramadan. Such alms are to be given to needy people as ordained by Islam. House of Innocence facilitated the process of such Zakat by collecting them from donors and giving them to the needy people in our communities in Birmingham, Gambia and Senegal. During the year, the charity received a total of £1,560 as zakatul fitr which was distributed to the needy people.
## **Eid Ul Adha (The feast of sacrifice)**
During the celebration of the feast of sacrifice in Julne 2023, House of Innocence ran a campaign to raise funds to support needy families for them to enjoy the celebration with their loved ones. A total of £1,660 was raised and this money was used to buy Bulls and Rams for both Senegal and Gambia, benefitting over 100 families.
## **Water Well Project**
Provision of clean drinking water is one of the main objevtives of the charity. During the year, we were able to construct a total of 6 Water Wells with clean drinking water. Three in Gambia and Senegal respectively. This brings the total number of Wells constucted by the charity to 48 since 2019.
## **Education**
During the year, the charity spent £300 supporting one Quranic student in The Gambia. This is £25 per support to help the student with basic education needs such as books and personal needs such clothing, shoes etc. This is being sponsored by one donor.
3
## **House of Innocence**
## **Report of the Committee**
## **For the year ended 31 March 2024 (continued)**
## **Partnership Working**
House of Innocence is always looking to work with partner charities whom we share similar objectives, both here in UK and abroad. We have partnered with Life Line Pillars UK and AKA Charity UK. Life Line Pillars provided the funding for the Cateracts operations and House of Innocence coordinated the project. Both Life Line and AKA have been supporting our Water Well projects where they both provided funding and House Of Innocence coordinated the construction of the water wells.
## **Financial Review and Summary**
House of Innocence's main source of funding is from donations from individuals. During the year, a total of £10,342 was raised of which £7,463 was spent on the charity's activities. This leaves a surplus of £2,879 which is credited to the reserves account. The Reserves account balance as at 31 March 2041 is £2,879.
The trustees report was approved by the Board of Trustees and signed on its behalf by:
## **T Mboob**
**Trustee**
**Date:** 24/01/2025
Type text here
4
## **House of Innocence**
## **Independent Examiner’s Report to the Trustees of House of Innocence**
## **For The Period 3 March 2023 To 31 March 2024**
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31st March 2024, which are set out on pages 6 to 12
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
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 my attention.
## **Basis of the independent examiner's report**
Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.
## **Independent examiner's statement**
In connection with our examination, no matter has come to our attention:
- which gives us reasonable cause to believe that, in any material respect, the requirements to keep accounting records in accordance with Section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
- to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Severn Accounting Shaw Mews 1 Shaw Street Worcester WR1 3QQ
Date: 24/01/2025
5
## **House of Innocence**
## **Statement of Financial Activities**
## **For The Period 3 March 2023 To 31 March 2024**
|**Note**
**INCOME FROM:**
Donations and legacies
**2**
Charitable activities
**2**
Investment income
**3**
**Total income**
**EXPENDITURE ON:**
Charitable activities
**4**
Other resources expended
**Total resources expended**
**Gross transfers between funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**Prior year adjustments**
**TOTAL FUNDS CARRIED FORWARD**
**NET INCOMING RESOURCES BEFORE**
**TRANSFERS**|**Unrestricted Restricted**
**2024**
**funds**
**funds**
**Total funds**
**£**
**£**
**£**
3,284
-
3,284
7,058
-
7,058
-
-
-
**10,342**
**-**
**10,342**
7,463
-
7,463
-
-
-
**7,463**
**-**
**7,463**
2,879
-
2,879
-
**2,879**
**-**
**2,879**
-
-
-
-
-
-
**2,879**
**-**
**2,879**
|**2023**
**Total funds**
**£**
-
-
-|
|---|---|---|
|||**-**
-
-|
|||**-**
-
-|
|||**-**|
|||-
-|
|||**-**|
The notes on pages 10 to 16 form part of these financial statements.
These financial statements were approved by the Board of Trusteess on the 24 **th January 2025** and signed on its behalf by:
## **T Mboob**
**Trustee**
6
## **House of Innocence**
## **Balance Sheet**
## **As at 31 March 2021**
|**Note**
**FIXED ASSETS**
Tangible assets
**7**
**CURRENT ASSETS**
Debtors
**8**
Cash at bank and in hand
**CREDITORS**
**Amounts falling due within one year**
**9**
**NET CURRENT ASSETS**
**CREDITORS**
**Amounts falling due more than one year**
**NET ASSETS**
**FUNDS**
Unrestricted funds
**11**
Restricted fund
**11**
**TOTAL FUNDS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**|**Unrestricted Restricted**
**2024**
**funds**
**funds**
**Total funds**
**£**
**£**
**£**
-
-
-
-
-
2,879
-
2,879
2,879
-
2,879
-
-
-
2,879
-
2,879
2,879
-
2,879
-
-
-
2,879
-
**2,879**
2,879
-
**2,879**|**2023**
**Total funds**
**£**
-
-
-|
|---|---|---|
||2,879
-
-
-|-
-|
||2,879
-|-|
||2,879
-
-
-|-
-|
||2,879
-|-|
|||-
-|
|||**-**|
These financial statements were approved by the Board of Trusteess on the 24th January 2025 and signed on its behalf by:
**T Mboob Trustee**
7
## **House of Innocence**
## **Notes to the Financial Statements**
## **For The Period 3 March 2023 To 31 March 2024**
## **1. Principal Accounting Policies**
## **Basis of Accounting**
The financial statements have been prepared under the historical cost convention and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", Accounting and Reporting by Charities" the Statement of Recommended Practice (SORP) for charities applying FRS 102.
## **Going concern**
At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees’ continue to adopt the going concern basis of accounting in preparing the accounts.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy
## **Resources expended**
Expenditure is accounted for on an accrual basis and has been classified under headings that aggreate all cost related to he category. Where costs cannot be directly attributed to particular headings they have ben allocated to activities on the basis consistent with the use of resources.
## **Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
|Land|Not depreciated|Not depreciated|
|---|---|---|
|Buildings|2%|Straight line|
|Computer equipment|20%|Straight line|
|Office equipment|20%|Straight line|
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year
## **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.
8
## **House of Innocence**
## **Notes to the Financial Statements**
## **For the year ended 31 March 2024 (continued)**
## **Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. An impairment loss is recognised immediately in income/ (expenditure for the year, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.
Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset in
## **Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **Basic financial assets**
Basic financial assets which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as
## **Basic financial liabilities**
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method
9
## **House of Innocence**
## **Notes to the Financial Statements**
## **For the year ended 31 March 2024 (continued)**
## **Derecognition of financial liabilities**
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled
## **Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods
10
## **House of Innocence**
## **Notes to the Financial Statements**
## **For the year ended 31 March 2024 (continued)**
|**2.1. Income**
General Donations
**2.2. Charitable activities**
Eid Ul Adha Appeal
Water Well
Zakat
Iftarr Donations
**Analysis by funds**
Unrestricted funds
Restricted funds
**For the year ended 31 March 2020**
Unrestricted funds
Restricted funds
**3. Investment income**
Interest receivable
**4. Charitable activities expenditure**
Water Well
Eid ul Adha expenses
Iftarr expenses
Zakat ul Fitr
Education costs
Medical support
Legal and professional fees
**Analysis by funds**
Unrestricted funds
Restricted funds
**For the year ended 31 March 2023**
Unrestricted funds
Restricted funds|**2024**
**£**
3,284
3,284
**2024**
**£**
1,660
2,611
1,560
1,227
7,058
10,342
-
10,342
**2024**
**£**
-
**2024**
**£**
3,252
1,585
1,026
1,050
300
242
8
7,463
7,463
-
7,463|**2023**
**£**
-|
|---|---|---|
|||-|
|||**2023**
**£**|
|||-|
|||-
-|
|||-|
|||**2023**
**£**
-|
|||**2023**
**£**|
|||-|
|||-
-|
|||-|
|||-
-|
|||-|
11
## **House of Innocence**
## **Notes to the Financial Statements**
## **For the year ended 31 March 2024 (continued)**
## **5. Movement in funds**
|**Balance at**
**31 March**
**2023**
**Restricted funds**
-
-
**Unrestricted funds**
Net incoming/outgoing resources
-
-
**TOTAL FUNDS**
-
**6. Analysis of net assets between funds**
**Fund balalces at 31 March 2024 are**
**represented by:**
Tangible fixed assets
Current assets(liabilities)|**Incoming**
**Resources**
**£**
-
-
10,342
10,342
10,342
**Unrestricted**
**funds**
**£**
-
2,879
2,879|**Resources**
**Expended**
**£**
-
0
(7,463)
(7,463)
(7,463)
**Restricted**
**funds**
**£**
-
-
-|**Balance at 31**
**March 2024**
**£**
-|
|---|---|---|---|
||||0|
||||2,879|
||||2,879|
|||||
||||2,879|
||||**Total**
**£**
-
2,879|
||||2,879|
## **7. Related party transactions**
None of the trustees (or any persons connected with them) received any remuneration or expenses during the year in respect of their duties as trustees.
12