OUR HELPING HANDS
TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023
Charity Number:800433
Table of Contents
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Trustees and Advisers………………………………………………….3 Trustees' Report………………………………………………………….4 Independent Examiner's Report to the Trustees……………………6 Statement of Financial Activities……………………………………..8 Balance Sheet……………………………………………………………..8 Note to the Accounts…………………………………………………….9 to 16
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OUR HELPING HANDS LEGAL AND ADMINSTRATIVE INFORMATION
MS BLAI-KROTCH ME ADJEMON: CHAIR PERSON
MISS AAKO ELYSSE ADJEMON: VICE CHAISPERSON
MS BLAI-KROTCH ME ADJEMON: 1[st] TREASURER MISS DAGBALE SIDONIE KOUABO: SECOND TREASURER
MISS DAGBALE SIDONIE KOUABO: ACCOUNTANT
MISS AAKO ELYSSE ADJEMON: SECRETARY
MRS MICHELLE ESTHER NINA DEGUI EPOUSE MAHOUENA: TRUSTEE
MR SYLVAIN WILLIAM OKOUNAH: TRUSTEE
MR ROLAND LAKITA: TRUSTEE
MR JEAN-PHILIPPE N’DA: TRUSTEE
MR AGUI ALBERT MANSILLA: COMMUNITY OUTREACH
MS ASOKA SCHNUCKII: COMMUNITY OUTREACH
Registered office:
24 Hanworth House
John Ruskin Street
London SE5
Actual correspondence address:
Flat 6 McKenzie Court
300 Ivydale Road London SE15 3BN
CHARITY: 800433
Accountants:
Pp Miss Dagbale S Kouabo,
Flat B Derwent House South Road London SE23 2UF
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OUR HELPING HANDS TRUSTEES REPORT
The trustees have pleasure in submitting their report and accounts for the year ended 31[St] December 2023. The financial statements have been prepared in accordance with the accounting policies set out on pages 9 to 16 and comply with the statement of Recommended Practice (SORP 2008), and the applicable law.
Structure, Governance and Management
Constitution
The Charity is governed by constitution adopted on 22[nd ] October 1988 and Charity number is 0800433 on the central registered of the Charity Commission of England and Wales.
The principal objectives of the Charity are:
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a) Promotion of charitable purpose for the benefit of persons in Lambeth and other parts of London with particular regard to persons of African ethnic origin in order to alleviate poverty.
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b) Promote and support the advancement of education by creating ideal environment to prosper.
Trustees Appointment and training
New trustees for the charity are appointed by the present trustees but they do so in consultation of the management committees of the various subsidiaries of Our Helping Hands. Before a trustee is recruited, we look for those who have contributed to stabilize the growth of the charity.
Before trustees are duly appointed, they are given time to attend meeting to familiarize themselves with the way meetings are conducted. They are trained to understand the aims and objectives of the charity as stated in the trust deed and how they can effectively contribute to its success.
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Statement of Trustees' Responsibilities
The Charities Act requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the surplus or deficit of the charity for that period of the state of affairs of the charity and in preparing those financial statements, the trustees are requested to:
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Select suitable accounting policies and then apply them consistently;
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Il. Make judgments and estimates that are reasonable and prudent;
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State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
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IV. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will conclude in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the charities Act 1993(as amended by Act 2006).They are 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.
Approval
This report was approved by the Board of Trustees on the 17 July 2023 and
Secretary to the Board of Trustees
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INDEPENDENT EXAMINER'S REPORT TO OUR HELPING HANDS TRUSTEES REPORT
I report on the accounts of the charity for the year ended 31[St ] December 2023, which are set out on pages 9 to 16.
Respective responsibilities of trustees and examiner
As the Charity's Trustees, you are responsible for the preparation of the accounts. You 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 needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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To follow the procedures laid down in the general Directions given by the
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Charity Commission under section 145(5) (b) of the 2011 Act; and
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To state whether particular matters have come to my attention.
Basis of independent examiner's report
My 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 statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) Which gives me 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 comply with the accounting requirements of the 2011 Act have not been met; or
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(2) To which, in my opinion, attention should be drawn in order to enable a proper understanding to be reached.
The Charity Accountant:
Miss DAGBALE SIDONIE KOUABO First Class Degree Accounting and Finance, University of Plymouth, Greenwich School of Management.
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| Section A Statement of financial activities |
Section A Statement of financial activities |
Section A Statement of financial activities |
Section A Statement of financial activities |
Section A Statement of financial activities |
Section A Statement of financial activities |
|---|---|---|---|---|---|
| Notes | Unrestricted funds |
Restricted funds |
2023 | 2022 | |
| Incomingresources | F01 | F02 | F03 | F04 | |
| Incoming resources from generated funds |
|||||
| Volume Income |
2 | 30,000 | 30,000 | 32,650 | |
| Grants receivable | 3 | ||||
| Incoming resources from charitable activities |
|||||
| Other incoming resources | |||||
| Total Incoming resources |
30,000 | 30,000 | 32,650 | ||
| Resources expended | |||||
| Costs of Fundraising | |||||
| Costs of Charitable activities | 5 | 26,345 | 26,345 | 27,745 | |
| Governance costs | 6 | 650 | 650 | 750 | |
| Total resources exp ended | 26,995 | 26,995 | 28,445 | ||
| Net incoming/ (outgoing) resources before transfers |
|||||
| Gross transfers between funds | |||||
| Net incoming/ (outgoing) resources before | |||||
| Other recognized gains/(losses) | |||||
| Gains and losses on revaluation of fixed assets for the charity s own use |
|||||
| Gains and losses on investment assets | |||||
| Net movement in funds | 12 | 3,005 | 3,005 | 4,155 | |
| Total funds brought forward | I,867 | I,867 | 2,360 | ||
| Total funds carried forward | 4,872 | 4,872 | 6,515 |
| Section B:Balance sheet | Section B:Balance sheet | Section B:Balance sheet | Section B:Balance sheet | Section B:Balance sheet | Section B:Balance sheet |
|---|---|---|---|---|---|
| Unrestricted funds |
Restricted funds |
2023 | 2022 | ||
| Note | |||||
| Fixed assets | F01 | F02 | F03 | F04 | |
| Tangible assets | 9 | 1,632 | 1,632 | 2,130 | |
| Total fixed assets | 1,632 | 1,632 | 2,130 | ||
| Current assets |
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Stock and work in progress Debtors and prepayments Cash in hand 590 590 455 Cash at bank 660 660 375 12 1,660 1,660 1,535 ~~ff~~ Total current assets 2.910 ~~ff~~ 2,910 2,365 ~~Oe~~ Creditors: amounts falling due within one 10 650 650 750 year Net current assets/ (liabilities) ~~pT~~ Total assets less current liab. 2,260 2.260 1,615 Creditors: amounts falling due after one year ~~| ff~~ Provisions for liabilities and charges Net assets 2.260 2,260 1,615 Funds of the Charity: 12 2,260 2,260 1,615 ~~ttt ft~~ Unrestricted funds Brought forward Restricted income funds Surplus/Deficit Total fund 2,260 2,260 1,615 ~~ft~~ Approval by the Board of Trustees on the17/07/2018 and signed on its behalf by: ~~he | tt~~ Chairman (Board of Trustees) OUR HELPING HANDS 9 ~~—~~ ©
NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023
1. Accounting Policies
1.1 Basis of preparation of accounts
The accounts are prepared under the historical cost convention, with the exception of investment which are included at market value and include the results of the charity operations which are described in the Trustees' Report and all of which are continuing.
The accounts have been prepared in accordance with the Statement of Recommended Practice (SORP March 2005) For Charity Accounts and the Charities Act 1993(as amended by Acts 2006) The Charity has taken advantage of the exemption in Financial Reporting Standard NO.I from the requirement to produce a cash flow statement on the grounds that it qualifies as small charity.
1.2 Tangible Fixed Assets for use by the Charity and Depreciation
All fixed assets costing £250 or more are capitalized at cost. Tangible fixed assets for use by the Charity are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures& Fittings 20% Reducing Balance Computer Equipment 20[0] /0
Reducing Balance
1.3 Incoming Resources
Donation from Voluntary Sources
These are income from members' contribution which is included as incoming resources on receipt.
Interest Income
Interest income is accounted for in the period in which the charity is entitled to receipt.
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1.5 Resources Expended
Resources expended are included in the Statement of Financial Activities on accruals basis. Certain costs have been apportioned between Direct Charitable Expenditure and Management and Administrative on bases consistent with the use of those resources.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grant being recognized as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year-end are noted as a commitment, but not accrued as expenditure. But during this financial Year there was no grant received.
1.6 Funds Accounting
Funds held by the charity are:
Unrestricted General Fund: General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purpose.
Restricted Funds: which were raised for particular restricted purposes and can only be used for those particular restricted purposes within the objects of the charity? The cost of raising and administering such funds are charged against the specific fund.
Investment income, gain and losses are allocated to appropriate fund.
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OUR HELPING HANDS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 STDECEMBER 2023
2. Voluntar Income y
| VOLUNTARY INCOMES |
Restricted Funds |
Unrestricted Funds |
2023 | 2022 |
|---|---|---|---|---|
| Donations | £30,000 | £30,000 | £26,653 | |
| Total Voluntary Income | £30,000 | £30,000 | £26,653 |
3. Grant to Institutions
| Total Voluntary Income 3. Grant to Institutions |
£30,00 | 0 £30,0 |
00 £26,6 |
53 |
|---|---|---|---|---|
| Description | Restricted | Unrestricted | Total | Total |
| Funds | Funds | 2023 | 2022 | |
| Grant to Institutions | ||||
| Total Grant to Institutions |
4. Ex enditure b Charitable activit p y y
| Description | Restricted Funds |
Unrestricted Funds |
2023 | 2022 |
|---|---|---|---|---|
| Costs of Charitable activities | 26,345 | 26,345 | 27,045 | |
| Total | 26,345 | 26,345 | 27,045 |
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5. Charitable activities
| Description | Restricted Funds |
Unrestricted Fund |
Total Fund 2023 |
Total Fund 2022 |
|---|---|---|---|---|
| Rent | 4,900.00 | 4,900.00 | 6,400.00 | |
| Money Transfer Charges | 400.00 | 400.00 | 550 | |
| Insurance | ||||
| Telephone | 755.00 | 755.00 | 600.00 | |
| Food Supplies | 4,650.00 | 4,650.00 | 3,150.00 | |
| Volunteer Expenses |
3,200.00 | 3,200.00 | 3,600.00 | |
| Heating &Lighting | ||||
| Bank Charges | 300.00 | 300.00 | 545.00 | |
| Refreshments | 3,660.00 | 3,660.00 | 3,550.00 | |
| SKY | ||||
| General Expenses |
5,870.00 | 5,870.00 | 6,155.00 | |
| Printing and Station | 450.00 | 450.00 | 395.00 | |
| Repairs and Maintenance | 380.00 | 380.00 | 335.00 | |
| Travelling expenses |
1,780.00 | 1,780.00 | 1,765.00 | |
| Total | 26,345.00 | 26,345.00 | 27,045.00 |
6. Governance cost
| Description | Restricted Funds |
Unrestricted Fund |
Total Fund 2023 |
Total Fund 2022 |
|---|---|---|---|---|
| Accountant fee | £650 | £650 | £750 | |
| Total | £650 | £650 | £750 |
7. Analysis of Resources Expended by Activities
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| Description | Activities Undertaken Directly [Note-51 2022 |
Grant Funding of Activities [Note-41 2022 |
Governance Cost [Note-61 2022 |
Total 2023 |
Total 2022 |
|---|---|---|---|---|---|
| Charitable activities | 27,045 | 750 | 26,345 | 26,514 | |
| 27,045 | 750 | 26,345 | 26,514 |
| 8. Net Income/ (Expenditure) |
||
|---|---|---|
| This is stated after charging: | 2023 | 2022 |
| Depreciation of tangible fixed assets: | ||
| Owned by the charity | 498 | 532 |
| Held under finance leases | ||
| Independent examiner's fees | 650 | 750 |
| The average number of staff employed by Charity | during the year was none (Ni1) |
No trustee has received remuneration in the year.
No expenses have been reimbursed to any of the Trustees.
No Trustee received any benefit in kind.
9. Tan ible Fixed Assets g
Furniture Computer Description &Fittings Equipment Total
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Cost 4,950 6,500 1,550 At I January 2022 358 Addition Disposal 1,908 4,950 6,500 At 31 December 2023 Depreciation: At 1 January 2022 1042 3,328 4,370 Charge for the period 173 324 498 1,215 3,652 4,868 ~~IDE~~ Net book value 693 1,298 1,632 At 31 December 2023 At 31 December 2022 1,622 2,130 10. Creditors 2023 2022 Amount falling due within one year Accountancy fee 650 750 650 750 ~~ao~~ 11.Statement of Funds Brought Incoming Resources Carried Forward Resources Expended Forward Description General Funds 1,804 30,000 26,995 3,671 Restricted Funds 15 ~~=aene~~
Total of Funds
1,804
30,000 26,995 3,671
12.Anal sis of Net Assets between Funds y
| Description | Restricted Funds |
Unrestricted Funds |
Total 2023 |
Total 2022 |
|---|---|---|---|---|
| Tangible Fixed Assets | 1,632 | 1,632 | 3,150 | |
| Debtor Due after more than 1year | ||||
| Current Asset | 2,910 | 2,910 | 2,689 | |
| Creditor Due within oneyear | 650 | 650 | 750 | |
| Creditor Due in more than one year |
||||
| 5,192 | 5,192 | 6,589 |
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