Registered Charity Numlkr 1202934 HUMBER OPEN ARMS FINANCIAL sfAIEMENTS PericKI ended 31 JULY 2024 Phtrnix Accountsncy and Business Consultancy Limited
HUMBER OPEN ARl*lS arity No: 1202934 Contents to the Financial Statements For the period ended 31 July 2024 Page Trust Annual Report Independent Examlners, Report Receipts and Payments Account Statement of Assets afj Liabilities Notes to the nanCIal Statements 10-11
HUMBER OPEN ARMS Charty No: 1202934 Report of the Board of Trnstees For the year ended 31 July 2024 The Trustees present their reFort with the financlal staternents of the Charlty for the period ended 31 July 2024. Reference and Administralive Details of the Chaiity, its Trustees and Advisers fch Humbw OtEn Amis Chari Re istration N 1202934 21 The Mews Collman Street Hull HU3 2SZ Trustees: Names of Trustees who seNed dufing the year arKJ Sin the year end were as follows: Michael Kandolo- Chair Aloys Butelezl Fabrice Baguma Eric Rugmbagabo Rebecca Tiiffitt MAAT phniX ACCOUntsn and Business Consultancy Limited Morley s Cottage Morws Yard Walkergate Beverley East YO£hire HU17 9BY Bankers: Wirgin Money 10-12 ParBgon Strt Hull HUI 3ND
HUMBER OPEN ARMS Charity No: 1202934 Report of the Board of Trustees For the period ended 31 July 2024. Structure, Governance and Management Humber Open Arms is a registered Charitsble Incorporated Organisation govemed by its Constitution adopted on 29th March 2023, and lSter&I as a charity on 3td May 2023. If the CIO is wound up the members of the ao have no liability to contribute to its assets and no personal responsibllity for settling its debts arKI liabilibes. Recruitment and a intment f T The trustees forn the Executive Comrnitt of the charity. The members of the Executlve Committee are elected at the Annual General Meeting by the members of the Charity. All members are circulat&J with invitsttons to nominate trnstees in advan of the AGM. The Constitution of the Charity states that there must be at least three charity trustees, wlth MamuM limit of eight. All charity tnjstees for 3 year temis. nis The board of Trustees manages the arty and aims to consider only strategic decisior6 at Ets meetings. Trustees are aware that any conflitt of interest is declared and recorded, and the person will be withheld from that part of the meeting and will not be able to vote for that bit of discussion. The board holds an AGM every year, other than that any charity trustee may call a meeting during the year, ging 14 days. notice. Rlsk Mana The major risks, to which the charty is expos, as identified by the Trustees, have b*n reviewed and systems have been established to mitigate those risks. All systems and procedures are reviewed regularly to ensu they meet charity law our own organisations aims and objectives. Trustee Induction and Trainin All trustees are prowded with the Thatty Commissions 'Roles and Responsibiltties of TnJstees', the Constitution and the financial statements induding the Annual Retx)L Any tralning requlred by the trustees may be requested at any poin¢ where it is considered useful to their role as trustee.
HUMBER OPEN ARMS arity No: 1202934 Report of the Board of Ttee$ For the period ended 31 Juty 2024 Objectives and Activities for Public Benefft As set out in the MenK)Rrjum of AocIatIOn, the Chaiitys objects are: l) To relieve poverty [or financial hardship] among refUgs, asylum kers, migrant workers their dependants Ilving in Kingston UFK)n Hull by providing Interpretingl translating/advocacy/ health/lK)UStng advi and education. 2) To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the rEeds of those people who are socially exduded because of language and finanaal barTiers and assisting them to integrate into Klety. Achievements and Performance This is our first trading year and ivs been exdling and challenging year for us at Humber Open Arms. We recelved our first gran¢ from the National Lottery Community Funds which is for two years. We have been able to set up a tharity website and other 9)aal media platfomis to spread the charty awareness. Flnancial Review During the year the CIO recorded income of £20k. (restricted £20k, unrestricted Nil) Reserves Policy At this prent tlme there is no finance rerves p)licy in pla, but have suggested that the charity should aim to keep 3 months running costs at all time. Plans for Future periods Our short-term plans and objectives for the next year are frused on the growth of the charity, we want to ensu financial stability for the organisation and ralsing more aWaneSS within Hull and East Riding of Yorkshire.
HUMBER OPEN ARMS Charity No: 1202934 Report of the Board of Tn For the period ended 31 Juty 2024 Trustees Responsibilities The Charities Att requires the trust to prepare finanaal ststements for each financial year, In accordan with the Charlty Commission Guidance the Trustees have eletted to prepare the accounts on the Reipts and Pawts basis. This is an acceptable ft)rmat for all non-company charities with an income below £250,CKIO. The trust are resFonsible for kpIng proper accountiw records whlth disclose with reasonable accuracy at any time the financial p)sition of the charity and to enable them to ensure that the financial Siatements comply with the Charltie5 Act 2011. The trustees are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention arKI detection of fraLvJ and other irregularities. Statement of disdosure of information ID Independent Examiner The Charity has an income between £25,000 and £lm and therefore falls under the Independent Examination regime. We, the Trustees of the Charlty who held Offi at the date of approval of these financial statements, each confimi so far as we are aware, that: O there Is no relevant information of whith the Chariws Independent Examiner is unaware. and O we have trdken all the steps that we OLts3ht to have taken as Trustees in order to make ourselves aware of any relevant information and to establish that the Charity's Independent Examiner is aware of that information. Independent Examiner A resolution to reappoint Independent Examiner, Rebecca Triffitt of Phoenix Accountancy and Business Consultanry Limited will be prO[j at the forthcoming annual general meeting, By order of th Michael Kandolo Chair Date: If loyiknir
HUMBER OPEN ARMS Charty No: 1202934 Independent Examinerfs Report to the Members of Humber Open Arnis I report on the accounts of Humber Open Amis for the perfLxJ 3rd May 2023 to 31 July 2024, which are set (lt on pages 8 to 11. Respective responsibilibes of tStee5 and examiner The charity's trustees are responsible for the prepardlion of the accounts. The chaiity's trustees consider that an audit is not requir&J for this period under secbon 144 of the Charfties Act 2011 (the Chaiities Act) atKI that an independent examination is needed. It Is my responsibility to: examine the accounts urKler settton 145 of the Charities Art. to follow the procedures laid down in the Generdl Directions gtven by the Chaiity Commissioners under sectlon 145 (5)(b) of Charities Act; and to state whether partkuFar matters have come to my attention. Basis of Independent examinerfs report My examlnatlon as carried out in accordan with the General DI10nS given by the Charity Commlssion. 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 Indudes consideration of any unusual ftems or disclosures in the accounts, and seeking explanations from the trustees conmIng any such matters. The procedures undertaken do not provide all the eviden that would be required in an audit, and consequently no opinion is given as to whether the accounts present a Irue and fairf view and the report is limited to tho* matters set out in the statement below. Independent examinerfs statement In connection with my examination, no material matters have come to my attention which glves me cause to believe that In, any material spect. accounting records were not kept in accordance with section 130 of Act or the accounts do not accord with the accounting records I have come across no other matters in connection with the examination to which attention should be drawn in OFder to enable a proper understanding of the accounts to be reached Rebecca Trlffitt MAAT PrdCt1 Accountant Phoenlx Accountsncy and Business Consultancy Limi Morlews Cottage, Morley's Yard Walkergate, Beverley, HU17 9BY Date: sisia
HUMBER OPEN ARMS Charity No: 1202934 Receipts and Payments Account For the period ended 31 July 2024 2024 2024 2024 Unrestricted Restrirted Total Funds Funds Funds Note RECEIPTS Grants Donations Fundraising 20,000 20,000 20,000 20,000 PAYMENTS Rent Activities Insurance Refreshments Advertising & Marketing Repairs & Renewals Equipment Volunteers & Trustees Expenses Accounts 170 128 170 128 296 1,658 390 250 450 296 1,658 390 250 450 3,342 3,342 Net Surplusl(Deficit) for the period Transfer beleen funds 16,658 16,658 Cash and Bank BalanS carried forward 16,658 16,658 The notes on page 10 and 11 form part of these financial statements.
HUMBER OPEN ARMS Charity No: 1202934 Statement of Assets and Liabilities As at 31 July 2024 Notes 2024 Monetsry Assets vi.rgin Money Petty Cash . Total Monetary Assets Comprlsing: Unrestsicted Funds Restricted Funds 16,658 Non Monetary Assets and Liabiliti&s Fixed Assets Equipment 250 250 Debtors Sundry Debtors Creditors Accounts Fee 240 The* financial statements were approved by the Committ on 27 and signed on its behalf by: Y I Ir (date) Michael Kandolo, Chairy)erson The notes on pages 10 and 11 form part of these firkinaal sl3tements.
HUMBER OPEN ARMS arity No: 1202934 Notes to the Financial Statements For the period ended 31 July 2024 Notes Basis of Preparntion These accounts have been prepared on a receipts and payments (R&P) baas In line with charity commission guidan for a charity of this size. This is the flrst period of operation, the Charitable IncorpM)rated Organisation (CIO) registered with the arIty Commission on 3rd May 2023 Grants 2024 2024 2024 Unrestricted Restricted Totsl Funds Funds Funds The Natlonal Lottery Communty Furmts 20,000 20,000 1 20,000 Restricted Funds Balan as at 0310512023 Balance asat 31107124 Incoming Outgoing Transfer The National Lottery Communty Funds 20,(KKI (3,342) 16,658 20,IM) (3,342) 16,658 A brief description of the restritted funds are shown below: The Natlonal Lottery Community Funds Restritted funding was recelved from The National Lottery Community Funds, to be spent on supwrting the Refugees, Asylum Seeke, Immigrants and other vulnerdble groups in . helping with job *arches and Job applications and having a drop in ntre where they can come to ask for help. io
HUMBER OPEN ARMS Chartty No: 1202934 Notes to the Financial Statements For the period ended 31 July 2024 Taxation Humber Open Arms CIO is a regi&ered charity. All the charities, income is pplled to its charitable objectives and the charity is therefore exempt under current legislation from most forn of taxation. The tharity is not VAT registered, and all expEndi inclLKles Irrerable VAT. Trustee Remuneration No remuneration direcuy or indiredjy out of the funds of the Charity was paid or payable for the period to any Trustee. There was £200 worth of reimbur6ement of expenses to the four Trustee during the year. li