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2024-04-30-accounts

REGISTERED COMPANY NUMBER: 14791223 (England and Wales) REGISTERED CHARITY NUMBER: 1202716

Report of the Trustees and

Unaudited Financial Statements for the period 11th April 2023 to 30th April 2024

for

Charity Meals

Sadofskys Chartered Accountants Princes House Wright Street Hull East Yorkshire HU2 8HX

Charity Meals

Contents of the Financial Statements for the period 11th April 2023 to 30th April 2024

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Cash Flow Statement 7
Notes to the Cash Flow Statement 8
Notes to the Financial Statements 9 to 12

Charity Meals (Registered number: 14791223)

Report of the Trustees for the period 11th April 2023 to 30th April 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 11th April 2023 to 30th April 2024. 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).

INCORPORATION

The charitable company was incorporated on 11th April 2023.

OBJECTIVES AND ACTIVITIES

Objectives and aims

On behalf of the Board of Trustees, we are proud to present the inaugural annual report for Charity Meals Organisation. This report details our efforts, achievements, and aspirations as we work towards combating food insecurity globally. In our first year of operation, we successfully raised £855,977.00, a remarkable testament to the generosity and commitment of our supporters.

Charity Meals Organisation is dedicated to alleviating hunger and improving food security for vulnerable populations worldwide. We aim to deliver nutritious meals, support sustainable initiatives, and provide hope to those impacted by poverty, displacement, and crises.

Grantmaking

The overwhelming support we received in our first year is both inspiring and humbling:

The remaining funds supported projects in Sub-Saharan Africa, South Asia, and local initiatives within the UK. This strong start highlights the trust and belief our donors have in our mission. The generosity extended to those affected by the conflict in the Middle East demonstrates the urgency and compassion of our supporters in addressing global crises.

ACHIEVEMENT AND PERFORMANCE Key Activities and Achievements:

Emergency Food Relief:

FINANCIAL REVIEW

Financial position

Charity Meals Organisation has maintained transparent and responsible financial management.

We are proud that the majority of our funds directly benefited the communities we serve, aligning with our mission and donor expectations.

Page 1

Charity Meals (Registered number: 14791223)

Report of the Trustees for the period 11th April 2023 to 30th April 2024

FUTURE PLANS

  1. Expand Global Outreach: Increase our reach by partnering with more organisations and exploring opportunities in underserved regions.

  2. Sustainable Solutions: Invest in programs that promote food self-sufficiency, such as agricultural training and micro-farming projects.

Trustee Commitment:

As trustees, we remain steadfast in our commitment to fighting food insecurity globally, ensuring that the funds raised are used effectively to benefit those most in need. We extend our heartfelt gratitude to our donors, volunteers, and partners for their unwavering support.

Looking Ahead:

The success of our first year has laid a strong foundation for future growth. We are confident that, with the continued generosity of our donors and dedication of our team, we can make an even greater impact in alleviating hunger and fostering hope worldwide.

Approval and Acknowledgements:

This report is approved by the Board of Trustees on 02/01/2025. We express our deepest appreciation to all who have supported Charity Meals Organisation and invite continued collaboration to achieve a world free from hunger.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

14791223 (England and Wales)

Registered Charity number

1202716

Registered office

Windsor House 10 Manchester Road Bradford BD5 0QH

Trustees

K Atuahene Director (appointed 11/4/23) S M Musa Director (appointed 11/4/23) A Musa Director (appointed 11/4/23)

Page 2

Charity Meals (Registered number: 14791223)

Report of the Trustees for the period 11th April 2023 to 30th April 2024

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner

Paul Drant (FCA) Sadofskys Chartered Accountants Princes House Wright Street Hull East Yorkshire HU2 8HX

Approved by order of the board of trustees on 8th January 2025 and signed on its behalf by:

A Musa - Trustee

Page 3

Independent Examiner's Report to the Trustees of Charity Meals

Independent examiner's report to the trustees of Charity Meals ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the period 11th April 2023 to 30th April 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts 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

  4. the accounts 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)).

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.

Paul Drant (FCA)

Sadofskys Chartered Accountants Princes House Wright Street Hull East Yorkshire HU2 8HX

8th January 2025

Page 4

Charity Meals

Statement of Financial Activities for the period 11th April 2023 to 30th April 2024

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
257,767
EXPENDITURE ON
Raising funds
3
33,426
Charitable activities
4
General
5,616
Total
39,042
NET INCOME
218,725
TOTAL FUNDS CARRIED FORWARD
218,725
Restricted
funds
£
598,210
-
310,000
310,000
288,210
288,210
Total
funds
£
855,977
33,426
315,616
349,042
506,935
506,935

The notes form part of these financial statements

Page 5

Charity Meals (Registered number: 14791223)

Balance Sheet

30th April 2024

Unrestricted
fund
Notes
£
CURRENT ASSETS
Cash at bank
224,545
CREDITORS
Amounts falling due within one year
8
(5,820)
NET CURRENT ASSETS
218,725
TOTAL ASSETS LESS CURRENT
LIABILITIES
218,725
NET ASSETS
218,725
FUNDS
9
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
funds
£
288,210
-
288,210
288,210
288,210
Total
funds
£
512,755
(5,820)
506,935
506,935
506,935
218,725
288,210
506,935

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 8th January 2025 and were signed on its behalf by:

A Musa - Trustee

The notes form part of these financial statements

Page 6

Charity Meals

Cash Flow Statement
for the period 11th April 2023 to 30th April 2024
Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
Cash and cash equivalents at the end of the
reporting period
£
512,755
512,755
512,755
-
512,755

The notes form part of these financial statements

Page 7

Charity Meals

Notes to the Cash Flow Statement for the period 11th April 2023 to 30th April 2024

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
£
Net income for the reporting period (as per the Statement of Financial
Activities) 506,935
Adjustments for:
Increase in creditors 5,820
Net cash provided by operations 512,755
2. ANALYSIS OF CHANGES IN NET FUNDS
Net cash At 11/4/23
£
Cash flow
£
At 30/4/24
£
Cash at bank - 512,755 512,755
- 512,755 512,755
Total - 512,755 512,755

The notes form part of these financial statements

Page 8

Charity Meals

Notes to the Financial Statements

for the period 11th April 2023 to 30th April 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 the 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 cost 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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Taxation

The charity is exempt from corporation tax on its charitable activities.

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.

2. DONATIONS AND LEGACIES

Restricted funds relate to emergency response, providing aid to conflict areas.

continued...

Page 9

Charity Meals

Notes to the Financial Statements - continued for the period 11th April 2023 to 30th April 2024

3. RAISING FUNDS

Raising donations and legacies
Postage and stationery
Marketing
Telephone
Bank charges
CHARITABLE ACTIVITIES COSTS
General
GRANTS PAYABLE
General
The total grants paid to institutions during the period
Grant
Direct
Costs
£
3,696
was as follows:
Grant
funding of
activities
(see note
5)
£
310,000
Support
costs (see
note 6)
£
1,920
£
384
32,500
457
85
33,426
Totals
£
315,616
£
310,000
£
310,000

4. CHARITABLE ACTIVITIES COSTS

5. GRANTS PAYABLE

continued...

Page 10

Charity Meals

Notes to the Financial Statements - continued

for the period 11th April 2023 to 30th April 2024

6. SUPPORT COSTS

Governance costs £ 1,920

General
1,920
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 30th April 2024.
Trustees' expenses
There were no trustees' expenses paid for the period ended 30th April 2024.
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors £
3,900
Accrued expenses 1,920
5,820
9. MOVEMENT IN FUNDS
Unrestricted funds Net
movement
in funds
£
At
30/4/24
£
General fund 218,725 218,725
Restricted funds
Emergency response 288,210 288,210
TOTAL FUNDS 506,935 506,935
Net movement in funds, included in the above are as follows:
Unrestricted funds Incoming
resources
£
Resources
expended
£
Movement
in funds
£
General fund 257,767 (39,042) 218,725
Restricted funds
Emergency response 598,210 (310,000) 288,210
TOTAL FUNDS 855,977 (349,042) 506,935

continued...

Page 11

Charity Meals

Notes to the Financial Statements - continued for the period 11th April 2023 to 30th April 2024

10. RELATED PARTY DISCLOSURES

Donations of £310,000 were paid to Orphans in Need (1144812), a registered charity of England and Wales, which is a related party by common trusteeship.

Page 12