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 2024
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 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | to | 8 |
| Notes to the Financial Statements | 9 | to | 14 |
| Detailed Statement of Financial Activities | 15 |
HELP INTERNATIONAL
REPORT OF THE TRUSTEES for the year ended 31 March 2024
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 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).
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:-
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 2024
ACHIEVEMENT AND PERFORMANCE
Review of progress and Achievements
In order to pursue its objectives through many nations, Help International has worked with its established partners and charitable causes in India, Sri Lanka, Zimbabwe, the Philippines and South Africa in the period up to March 2024.
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 found ourselves in, 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. We work closely with our partners there Charles and Gladys Kuzerema.
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.
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. We have supported a small NGO offering medical advice and support to local communities.
Zambia
We were able to contribute to the re- establishing of a roof for a community centre building following strong winds demolishing it.
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HELP INTERNATIONAL
REPORT OF THE TRUSTEES for the year ended 31 March 2024
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 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 will 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 £51,259 (2023 - £36,813) and after deducting resources expended of £51,440 (2023 - £41,574) the net outgoing resources were £181 as compared with net outgoing resources of £ 4,761n the previous period. The net assets of the charity at the 31st March 2024 were £12,824 (2023 - £13,005).
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
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HELP INTERNATIONAL
REPORT OF THE TRUSTEES for the year ended 31 March 2024
Registered office
Nettle Hill Brinklow Road Ansty Coventry CV7 9JL
Trustees
G L Duffty A R Hulley (resigned 12.9.2023) G F H Parker Ms A N Lynch
Company Secretary Ms C A Duffty
Independent Examiner
Harrison Beale & Owen Limited Chartered Accountants Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT
Bankers
National Westminster bank PLC Bradford City Centre Branch 7 Hustlergate Bradford BD1 1PP
Approved by order of the board of trustees on 27 January 2025 and signed on its behalf by:
G L Duffty - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HELP INTERNATIONAL
Independent examiner's report to the trustees of Help International ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 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
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:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
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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
-
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.
Gregg Olner MPhil BA(Hons) FCA
Harrison Beale & Owen Limited Chartered Accountants Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT
27 January 2025
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HELP INTERNATIONAL
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2024
| 2024 Unrestricted Restricted Total fund funds funds Notes £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 51,212 - 51,212 Investment income 2 47 - 47 Total 51,259 - 51,259 EXPENDITURE ON Charitable activities Sponsorship - - - General funds 104,799 - 104,799 Other (53,359) - (53,359) Total 51,440 - 51,440 NET INCOME/(EXPENDITURE) (181) - (181) RECONCILIATION OF FUNDS Total funds brought forward 8,908 4,097 13,005 TOTAL FUNDS CARRIED FORWARD 8,727 4,097 12,824 |
2023 Total funds £ 36,795 18 36,813 6,446 35,995 (867) 41,574 (4,761) 17,766 13,005 |
|---|---|
The notes form part of these financial statements
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HELP INTERNATIONAL
BALANCE SHEET 31 March 2024
| Unrestricted Restricted fund funds Notes £ £ FIXED ASSETS Tangible assets 7 - - CURRENT ASSETS Debtors 8 5,801 - Cash at bank 4,426 4,097 10,227 4,097 CREDITORS Amounts falling due within one year 9 (1,500) - NET CURRENT ASSETS 8,727 4,097 TOTAL ASSETS LESS CURRENT LIABILITIES 8,727 4,097 NET ASSETS 8,727 4,097 FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
2024 Total funds £ - 5,801 8,523 14,324 (1,500) 12,824 12,824 12,824 8,727 4,097 12,824 |
2023 Total funds £ 54 5,566 8,825 14,391 (1,440) 12,951 13,005 13,005 8,908 4,097 13,005 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 2024
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 27 January 2025 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 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.
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 | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Deposit account interest | 47 | 18 |
continued...
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HELP INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2024
3. SUPPORT COSTS
4.
| SUPPORT COSTS | ||
|---|---|---|
| Governance | ||
| costs | ||
| £ | ||
| General funds | 2,347 | |
| Support costs, included in the above, are as follows: Governance costs Independent examination |
2024 General funds £ 2,347 |
2023 Total activities £ 1,303 |
| NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Independent review costs Depreciation - owned assets |
2024 £ 2,347 54 |
2023 £ 1,303 14 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 22,514 14,281 Investment income 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 |
Total funds £ 36,795 18 36,813 6,446 35,995 (867) 41,574 |
|---|---|
continued...
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HELP INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2024
| 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 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| £ | £ | £ | |||
| NET INCOME/(EXPENDITURE) | (7,846) | 3,085 | (4,761) | ||
| Transfers between funds | 2,500 | (2,500) | - | ||
| Net movement in funds | (5,346) | 585 | (4,761) | ||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 14,254 | 3,512 | 17,766 | ||
| TOTAL FUNDS CARRIED FORWARD | 8,908 | 4,097 | 13,005 | ||
| 7. | TANGIBLE FIXED ASSETS | ||||
| COST | Fixtures and fittings £ |
Computer equipment £ |
Totals £ |
||
| At 1 April 2023 and 31 March 2024 | 7,546 | 1,077 | 8,623 | ||
| DEPRECIATION | |||||
| At 1 April 2023 | 7,492 | 1,077 | 8,569 | ||
| Charge for year | 54 | - | 54 | ||
| At 31 March 2024 | 7,546 | 1,077 | 8,623 | ||
| NET BOOK VALUE | |||||
| At 31 March 2024 | - | - | - | ||
| At 31 March 2023 | 54 | - | 54 | ||
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| Other debtors | 2024 £ 5,801 |
2023 £ 5,566 |
|||
continued...
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HELP INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2024
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| £ | £ | |||||
| Accruals and deferred income | 1,500 | 1,440 | ||||
| 10. | MOVEMENT IN FUNDS | |||||
| Unrestricted funds | At 1.4.23 £ |
Net movement in funds £ |
At 31.3.24 £ |
|||
| General fund | 8,908 | (181) | 8,727 | |||
| Restricted funds | ||||||
| Child sponsorship | 1,022 | - | 1,022 | |||
| Hope fund | 1,380 | - | 1,380 | |||
| Together for Christ fund | 1,695 | - | 1,695 | |||
| 4,097 | - | 4,097 | ||||
| TOTAL FUNDS | 13,005 | (181) | 12,824 | |||
| Net movement in funds, included in the above are as follows: | ||||||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
|||
| General fund | 51,259 | (51,440) | (181) | |||
| TOTAL FUNDS | 51,259 | (51,440) | (181) | |||
| Comparatives for movement in funds | ||||||
| Unrestricted funds | At 1.4.22 £ |
Net movement in funds £ |
Transfers between funds £ |
At 31.3.23 £ |
||
| 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 | ||
continued...
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HELP INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2024
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 | 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) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds | At 1.4.22 £ |
Net Transfers movement between in funds funds £ £ |
At 31.3.24 £ |
|---|---|---|---|
| General fund | 14,254 | (8,027) 2,500 |
8,727 |
| 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 | (4,942) - |
12,824 |
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 | 73,791 (81,818) (8,027) |
| 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 | 88,072 (93,014) (4,942) |
continued...
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HELP INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2024
10. MOVEMENT IN FUNDS - continued
The Child Sponsorship fund represents resources raised to provide financial support for the education of children in India, Zimbabwe and The Philippines.
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 2024.
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HELP INTERNATIONAL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2024
----- Start of picture text -----
||||
|---|---|---|
|2024|2023|
|£|£|
|INCOME AND ENDOWMENTS|
|Donations and legacies|
|Donations|51,212|36,795|
|Investment income|
|Deposit account interest|47|18|
|Total incoming resources|51,259|36,813|
|EXPENDITURE|
|Charitable activities|
|Sponsorship payments|37,489|40,659|
|Administration costs|1,034|479|
|Donations|50,500|-|
|Travel and subsistence costs|13,429|-|
|102,452|41,138|
|Other|
|Related Party Write-off|(53,359)|(867)|
|Support costs|
|Governance costs|
|Independent examination|2,347|1,303|
|Total resources expended|51,440|41,574|
|Net expenditure|(181)|(4,761)|
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This page does not form part of the statutory financial statements
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