REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
HELP INTERNATIONAL |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
HELP INTERNATIONAL |
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 | 15 |
HELP INTERNATIONAL (REGISTERED NUMBER: 02207026) |
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. |
HELP INTERNATIONAL (REGISTERED NUMBER: 02207026) |
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. |
HELP INTERNATIONAL (REGISTERED NUMBER: 02207026) |
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 |
HELP INTERNATIONAL (REGISTERED NUMBER: 02207026) |
REPORT OF THE TRUSTEES |
for the year ended 31 March 2024 |
Registered Charity number |
Registered office |
Trustees |
Company Secretary |
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 |
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: |
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. |
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 |
HELP INTERNATIONAL |
STATEMENT OF FINANCIAL ACTIVITIES |
for the year ended 31 March 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Investment income | 2 |
Total |
EXPENDITURE ON |
Charitable activities |
Other | ( |
) | ( |
) | ( |
) |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 13,005 |
HELP INTERNATIONAL (REGISTERED NUMBER: 02207026) |
BALANCE SHEET |
31 March 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 7 |
CURRENT ASSETS |
Debtors | 8 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 9 | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 10 |
Unrestricted funds | 8,908 |
Restricted funds | 4,097 |
TOTAL FUNDS | 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. |
HELP INTERNATIONAL (REGISTERED NUMBER: 02207026) |
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 |
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 | - |
Computer equipment | - |
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 |
2024 | 2023 |
£ | £ |
Deposit account interest |
HELP INTERNATIONAL |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 March 2024 |
3. | SUPPORT COSTS |
Governance |
costs |
£ |
General funds | 2,347 |
Support costs, included in the above, are as follows: |
Governance costs |
2024 | 2023 |
General | Total |
funds | activities |
£ | £ |
Independent examination | 2,347 | 1,303 |
4. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
2024 | 2023 |
£ | £ |
Independent review costs | 2,347 | 1,303 |
Depreciation - owned assets |
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 | Total |
fund | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Investment income |
Total |
EXPENDITURE ON |
Charitable activities |
HELP INTERNATIONAL |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 March 2024 |
6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted | Restricted | Total |
fund | funds | funds |
£ | £ | £ |
Other | ( |
) | ( |
) |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
Transfers between funds | 2,500 | (2,500 | ) | - |
Net movement in funds | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 14,254 | 3,512 |
TOTAL FUNDS CARRIED FORWARD | 8,908 | 4,097 | 13,005 |
7. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 April 2023 and 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
HELP INTERNATIONAL |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 March 2024 |
8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Accruals and deferred income |
10. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.4.23 | in funds | 31.3.24 |
£ | £ | £ |
Unrestricted funds |
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 |
- |
TOTAL FUNDS | (181 | ) | 12,824 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 51,259 | (51,440 | ) | (181 | ) |
TOTAL FUNDS | ( |
) | (181 | ) |
HELP INTERNATIONAL |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 March 2024 |
10. | MOVEMENT IN FUNDS - continued |
Comparatives for 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 |
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 | ) |
HELP INTERNATIONAL |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 March 2024 |
10. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined position is as follows: |
Net | Transfers |
movement | between | At |
At 1.4.22 | in funds | funds | 31.3.24 |
£ | £ | £ | £ |
Unrestricted funds |
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: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted 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 | ) |
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. |
HELP INTERNATIONAL |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 March 2024 |
11. | RELATED PARTY DISCLOSURES |