REGISTERED COMPANY NUMBER: 02207026 (England and Wales) REGISTERED CHARITY NUMBER: 327645
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
FOR
HELP INTERNATIONAL
Harrison Beale & Owen Limited Chartered Accountants Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT
HELP INTERNATIONAL
CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 March 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 13 |
| Detailed Statement of Financial Activities | 14 |
HELP INTERNATIONAL
REPORT OF THE TRUSTEES for the year ended 31 March 2023
The trustees who are also directors of the charity for the purposes of the Charities Act 2011, present their report with the Financial statements of the charity for the year ended 31 March 2023. 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
Principal activity
The principal activity of the Charitable Company continued unchanged as that of the furtherance of the gospel and the relief of human suffering and poverty throughout the world, promoting love and care for families and children providing educational support.
Objectives, orgnaisation and activities
The objectives of the Charity are:-
The proclamation and furtherance of the Gospel of God, the relief of human suffering and poverty, to provide education and training in the gospel. Help International aims to bring help and promote development across the globe. We seek to build solutions that last by working with local people & projects. We are fully committed to empowering communities, through sponsorship of children to further their educational studies and through supporting community projects.
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HELP INTERNATIONAL
REPORT OF THE TRUSTEES for the year ended 31 March 2023
ACHIEVEMENT AND PERFORMANCE
Review of progress and Achievements
In order to pursue its objectives through many nations, Help International has principally worked with its established partners and charitable causes in India, Sri Lanka, Zimbabwe, Zambia, the Philippines and South Africa in the period up to March 2023.
Help International has focused its attention where primary recipients receive onward care and aid support. The projects are administrated by competent people who are trustworthy and transparent in the use of any monies raised by Help International on their behalf.
The charity has been able to continue to chart its course over the past year even through the difficult financial environment we find ourselves in due to the global pandemic, with more donors reconsidering the donations they make.
The following report of individual nations has not adjusted in its work from previous years and displays a continuing commitment to work towards these nations and peoples.
India
Help International has directed its financial and practical support through Rays of Joy Ministries in the development of their children's homes in India. Help International has continued its commitment in assisting in the provision of houses for children. Help International has great confidence in partnering in India with Rays of Joy and their continuing impact into the nation. This support continues to progress very well with all the resources being used for the benefit of the children in need. Some children have completed their sponsorship and a final Trust fund payment was sent for them, from the Hope Fund
Sri Lanka
We have continued to make significant contributions to Rainbow House Children's Home in Colombo. Our partners on the ground caring for Rainbow House are Dr. Lalith and Hiranthi Mendis and the team at Gospel Ministries.
Zimbabwe
We have supported children through their education in Zimbabwe, the nation has been through a very difficult year and all support has been gratefully received.
Philippines
Sponsorship of children on the Island of Mindano has continued this year and is distributed through our trusted colleague on the ground there.
Hope Fund / Child Sponsorship
This fund continues to provide financial support for the education of children in India, Zimbabwe and The Philippines.
South Africa
We were able to support a College in Gordons Bay South Africa. This college aims to train and teach people in both spiritual and practical skills which will in turn uplift the communities of those who attend. The college has an international draw and hopes to have a broad impact. We continued to support widows through The Widows Pot fund assisting those who have suffered bereavement, finding themselves devoid of any support.
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HELP INTERNATIONAL
REPORT OF THE TRUSTEES for the year ended 31 March 2023
ACHIEVEMENT AND PERFORMANCE
Future developments
General
The Trustees plan for the charity to continue to provide support for existing projects over the coming period and are considering what steps might be taken to strengthen the funding base.
India
We will continue to co-operate with sustainable projects involving the betterment of the lives of children in Agra and Bangalore in India, working mainly through the Rays of Joy ministry there.
Sri Lanka
It is our desire to continue to support Lalith and Hiranthi Mendis in all their humanitarian work for Sri Lanka. We will continue to contribute to the support of Rainbow House Children's home working from Colombo.
Child Sponsorship
We have and will maintain our ongoing commitments to the children in various nations who rely on our sponsorship, keeping the sponsors informed as much as is possible with their sponsored child's progress.
South Africa
We hope to continue to support a College training base in South Africa which will assist in the up-lift of communities and training.
FINANCIAL REVIEW
Review of financial affairs and activities
Full details of the financial transactions are contained in the attached accounts and the total incoming resources for the year were £39,361 (2022 - £44,028) and after deducting resources expended of £44,121 (2022 - £45,272) the net outgoing resources were £4,760 as compared with net outgoing resources of £1,243 in the previous period. The net assets of the charity at the 31st March 2023 were £13,006 (2022 - £17,766).
The Trustees have reviewed the charity's needs for reserves in line with guidance issued by the Charity Commission and consider it prudent that unrestricted reserves need only be sufficient to meet running costs.
The Trustees are confident that future income will enable the charity to meet its foreseeable needs, on the basis of planned activity.
Risk management
Directors and Trustees actively review the risks which may affect its continuation or the smooth running of its services on a regular basis. The Trustees also examine other operational and business risks faced by the charity and this helps mitigate and significant risks which may arise.
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 02207026 (England and Wales)
Registered Charity number 327645
Registered office Nettle Hill Brinklow Road Ansty Coventry CV7 9JL
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HELP INTERNATIONAL
REPORT OF THE TRUSTEES for the year ended 31 March 2023
Trustees G L Duffty A R Hulley G F H Parker
Company Secretary Mrs C A Duffty
Bankers National Westminster bank PLC Bradford City Centre Branch 7 Hustlergate Bradford BD1 1PP
Approved by order of the board of trustees on 22 December 2023 and signed on its behalf by:
G L Duffty - Trustee
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HELP INTERNATIONAL
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2023
| Unrestricted Restricted fund funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 22,514 14,281 Investment income 2 18 - Total 22,532 14,281 EXPENDITURE ON Charitable activities Sponsorship - 6,446 General funds 31,245 4,750 Other (867) - Total 30,378 11,196 NET INCOME/(EXPENDITURE) (7,846) 3,085 Transfers between funds 10 2,500 (2,500) Net movement in funds (5,346) 585 RECONCILIATION OF FUNDS Total funds brought forward 14,254 3,512 TOTAL FUNDS CARRIED FORWARD 8,908 4,097 |
2023 Total funds £ 36,795 18 36,813 6,446 35,995 (867) 41,574 (4,761) - (4,761) 17,766 13,005 |
2022 Total funds £ 44,028 1 44,029 - 45,272 - 45,272 (1,243) - (1,243) 19,009 17,766 |
|---|---|---|
The notes form part of these financial statements
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HELP INTERNATIONAL
BALANCE SHEET 31 March 2023
| Unrestricted Restricted fund funds Notes £ £ FIXED ASSETS Tangible assets 7 54 - CURRENT ASSETS Debtors 8 5,566 - Cash at bank 4,728 4,097 10,294 4,097 CREDITORS Amounts falling due within one year 9 (1,440) - NET CURRENT ASSETS 8,854 4,097 TOTAL ASSETS LESS CURRENT LIABILITIES 8,908 4,097 NET ASSETS 8,908 4,097 FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
2023 Total funds £ 54 5,566 8,825 14,391 (1,440) 12,951 13,005 13,005 8,908 4,097 13,005 |
2022 Total funds £ 68 182 19,555 19,737 (2,039) 17,698 17,766 17,766 14,254 3,512 17,766 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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HELP INTERNATIONAL
BALANCE SHEET - continued 31 March 2023
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 22 December 2023 and were signed on its behalf by:
G L Duffty - Trustee
The notes form part of these financial statements
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HELP INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2023
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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance Computer equipment - 50% on reducing balance
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.
Restricted funds received consist of grants and donations provided to the charity for specific purposes.
2. INVESTMENT INCOME
| INVESTMENT INCOME | |||
|---|---|---|---|
| 2023 | 2022 | ||
| £ | £ | ||
| Deposit account interest | 18 | 1 |
continued...
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HELP INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023
3. SUPPORT COSTS
| SUPPORT COSTS | ||
|---|---|---|
| Governance | ||
| costs | ||
| £ | ||
| General funds | 1,303 | |
| Support costs, included in the above, are as follows: Governance costs Independent examination |
2023 General funds £ 1,303 |
2022 Total activities £ 1,094 |
| NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Independent review costs Depreciation - owned assets |
2023 £ 1,303 14 |
2022 £ 1,094 17 |
4. NET INCOME/(EXPENDITURE)
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 36,181 7,847 Investment income 1 - Total 36,182 7,847 EXPENDITURE ON Charitable activities General funds 28,597 16,675 NET INCOME/(EXPENDITURE) 7,585 (8,828) RECONCILIATION OF FUNDS Total funds brought forward 6,669 12,340 |
Total funds £ 44,028 1 44,029 45,272 (1,243) 19,009 |
|---|---|
continued...
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HELP INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| £ | £ | £ | |||
| TOTAL FUNDS CARRIED FORWARD | 14,254 | 3,512 | 17,766 | ||
| 7. | TANGIBLE FIXED ASSETS | ||||
| COST | Fixtures and fittings £ |
Computer equipment £ |
Totals £ |
||
| At 1 April 2022 and 31 March 2023 | 7,546 | 1,077 | 8,623 | ||
| DEPRECIATION | |||||
| At 1 April 2022 | 7,478 | 1,077 | 8,555 | ||
| Charge for year | 14 | - | 14 | ||
| At 31 March 2023 | 7,492 | 1,077 | 8,569 | ||
| NET BOOK VALUE | |||||
| At 31 March 2023 | 54 | - | 54 | ||
| At 31 March 2022 | 68 | - | 68 | ||
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| Other debtors | 2023 £ 5,566 |
2022 £ 182 |
|||
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| Other creditors | 2023 £ - |
2022 £ 1,049 |
|||
| Accruals and deferred income | 1,440 | 990 | |||
| 1,440 | 2,039 | ||||
continued...
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HELP INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023
10. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.22 | in funds | funds 31.3.23 |
||||
| £ | £ | £ | £ | |||
| Unrestricted funds | ||||||
| General fund | 14,254 | (7,846) | 2,500 | 8,908 | ||
| Restricted funds | ||||||
| Child sponsorship | (12,467) | 2,410 | 11,079 | 1,022 | ||
| Hope fund | 15,979 | (1,020) | (13,579) | 1,380 | ||
| Together for Christ fund | - | 1,695 | - | 1,695 | ||
| 3,512 | 3,085 | (2,500) | 4,097 | |||
| TOTAL FUNDS | 17,766 | (4,761) | - | 13,005 | ||
| Net movement in funds, included in the above are as follows: | ||||||
| Unrestricted funds | Incoming resources £ |
Resources Movement expended in funds £ £ |
||||
| General fund | 22,532 | (30,378) | (7,846) | |||
| Restricted funds | ||||||
| Child sponsorship | 6,731 | (4,321) | 2,410 | |||
| Hope fund | 1,105 | (2,125) | (1,020) | |||
| Together for Christ fund | 6,445 | (4,750) | 1,695 | |||
| 14,281 | (11,196) | 3,085 | ||||
| TOTAL FUNDS | 36,813 | (41,574) | (4,761) | |||
| Comparatives for movement in funds | ||||||
| Unrestricted funds | At 1.4.21 £ |
Net movement At in funds 31.3.22 £ £ |
||||
| General fund | 6,669 | 7,585 | 14,254 | |||
| Restricted funds | ||||||
| Child sponsorship | (2,404) | (10,063) | (12,467) | |||
| Hope fund | 14,744 | 1,235 | 15,979 | |||
| 12,340 | (8,828) | 3,512 | ||||
| TOTAL FUNDS | 19,009 | (1,243) | 17,766 | |||
continued...
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HELP INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 36,182 | (28,597) | 7,585 |
| Restricted funds | |||
| Child sponsorship | 6,612 | (16,675) | (10,063) |
| Hope fund | 1,235 | - | 1,235 |
| 7,847 | (16,675) | (8,828) | |
| TOTAL FUNDS | 44,029 | (45,272) | (1,243) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds | At 1.4.21 £ |
Net Transfers movement between in funds funds £ £ |
At 31.3.23 £ |
|---|---|---|---|
| General fund | 6,669 | (261) 2,500 |
8,908 |
| Restricted funds | |||
| Child sponsorship | (2,404) | (7,653) 11,079 |
1,022 |
| Hope fund | 14,744 | 215 (13,579) |
1,380 |
| Together for Christ fund | - | 1,695 - |
1,695 |
| 12,340 | (5,743) (2,500) |
4,097 | |
| TOTAL FUNDS | 19,009 | (6,004) - |
13,005 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming Resources Movement resources expended in funds £ £ £ |
|---|---|
| General fund | 58,714 (58,975) (261) |
| Restricted funds | |
| Child sponsorship | 13,343 (20,996) (7,653) |
| Hope fund | 2,340 (2,125) 215 |
| Together for Christ fund | 6,445 (4,750) 1,695 |
| 22,128 (27,871) (5,743) |
|
| TOTAL FUNDS | 80,842 (86,846) (6,004) |
The Child Sponsorship fund represents resources raised to provide financial support for the education of children in India, Zimbabwe and The Philippines.
continued...
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HELP INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023
10. MOVEMENT IN FUNDS - continued
The Hope fund represents resources raised to provide financial support for the education of children in India, Zimbabwe and The Philippines.
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
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HELP INTERNATIONAL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2023
| for the year ended 31 | March 2023 | |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 36,795 | 44,028 |
| Investment income | ||
| Deposit account interest | 18 | 1 |
| Total incoming resources | 36,813 | 44,029 |
| EXPENDITURE | ||
| Charitable activities | ||
| Sponsorship payments | 40,659 | 33,926 |
| Project giving | - | 9,700 |
| Administration costs | 479 | 552 |
| Other | 41,138 | 44,178 |
| Related Party Write-off | (867) | - |
| Support costs | ||
| Governance costs | ||
| Independent examination | 1,303 | 1,094 |
| Total resources expended | 41,574 | 45,272 |
| Net expenditure | (4,761) | (1,243) |
This page does not form part of the statutory financial statements
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