Halal Food Foundation Limited - Charities report - 20.2

REGISTERED COMPANY NUMBER: 06225876 (England and Wales)

REGISTERED CHARITY NUMBER: 1139457

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 January 2020

for

Halal Food Foundation Limited

Page

Report of the Trustees

1

to

2

Independent Examiner's Report

3

to

4

Statement of Financial Activities

5

Balance Sheet

6

to

7

Notes to the Financial Statements

8

to

13

The trustees who are also directors of the charity for the purposes of the Companies Act

2006, present their report with the financial statements of the charity for the year ended

31 January 2020. 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).

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

06225876 (England and Wales)

Registered Charity number

1139457

Registered office

Balfour House 3rd Floor

741 High Road

London

N12 0BP

Trustees

Ehsan Shahid Choudhry

Ahmed Latif

Dr Ghayasuddin Siddiqui

Abdul Matin Khan

Independent Examiner

Nationwide Accountants Ltd

704 London Road

North Cheam

Sutton

Surrey

SM3 9BY

Approved by order of the board of trustees on 28 October 2020 and signed on its behalf by:

Abdul Matin Khan - Trustee

Independent examiner's report to the trustees of Halal Food Foundation Limited ('the

Company')

I report to the charity trustees on my examination of the accounts of the Company for the year

ended 31 January 2020.

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.

Nationwide Accountants Ltd

704 London Road

North Cheam

Sutton

Surrey

SM3 9BY

28 October 2020

Period

1.11.17

Year Ended

to

31.1.20

31.1.19

Unrestricted

Total

funds

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

247,175

18,612

Investment income

2

27

60

Total

247,202

18,672

EXPENDITURE ON

Raising funds

3

47,964

57,773

Charitable activities

grants

540

1,290

Other

-

8,500

Total

48,504

67,563

NET INCOME/(EXPENDITURE)

198,698

(48,891

)

RECONCILIATION OF FUNDS

Total funds brought forward

369,246

418,137

TOTAL FUNDS CARRIED FORWARD

567,944

369,246

31.1.20

31.1.19

Unrestricted

Total

funds

funds

Notes

£

£

CURRENT ASSETS

Debtors

7

456,263

325,635

Cash at bank and in hand

124,915

46,173

581,178

371,808

CREDITORS

Amounts falling due within one year

8

(416

)

(1,173

)

NET CURRENT ASSETS

580,762

370,635

TOTAL ASSETS LESS CURRENT LIABILITIES

580,762

370,635

CREDITORS

Amounts falling due after more than one year

9

(12,818

)

(1,389

)

NET ASSETS

567,944

369,246

FUNDS

10

Unrestricted funds

567,944

369,246

TOTAL FUNDS

567,944

369,246

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 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.

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 28 October 2020 and were signed on its behalf by:

Abdul Matin Khan - Trustee

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.

Grants offered subject to conditions which have not been met at the year end date are

noted as a commitment but not accrued as expenditure.

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.

Further explanation of the nature and purpose of each fund is included in the notes to

the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme.

Contributions payable to the charitable company's pension scheme are charged to the

Statement of Financial Activities in the period to which they relate.

2.	INVESTMENT INCOME

Period

1.11.17

Year Ended

to

31.1.20

31.1.19

£

£

Interest receivable - trading

27

60

3.	RAISING FUNDS

Raising donations and legacies

Period

1.11.17

Year Ended

to

31.1.20

31.1.19

£

£

Staff costs

29,008

30,838

Seminars and Donations

-

2,790

Donations

10,000

2,300

Bank Charges

63

128

Accountancy

500

500

Rent and Service charges

5,390

4,608

Travelling

200

-

Support costs

2,803

15,855

47,964

57,019

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended

31 January 2020 nor for the period ended 31 January 2019.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 January 2020 nor for the

period ended 31 January 2019.

5.	AVERAGE NO. OF EMPLOYEES

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricte

funds

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

18,612

Investment income

60

Total

18,672

EXPENDITURE ON

Raising funds

57,773

Charitable activities

grants

1,290

Other

8,500

Total

67,563

NET INCOME/(EXPENDITURE)

(48,891

)

RECONCILIATION OF FUNDS

Total funds brought forward

418,137

TOTAL FUNDS CARRIED FORWARD

369,246

7.

DEBTORS

31.1.20

31.1.19

£

£

Amounts falling due within one year:

Traditional Halal

1,819

1,218

Halal Food Authority

245,676

258,804

Staff Loan

700

700

Halal Food Authority Expenses

192,536

49,844

Prepayments

1,318

855

442,049

311,421

Amounts falling due after more than one year:

Office Deposit

14,214

14,214

Aggregate amounts

456,263

325,635

8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.20

31.1.19

£

£

Trade creditors

-

(1

)

Social security and other taxes

(69

)

(84

)

Net pay

485

758

Accrued expenses

-

500

416

1,173

9.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.20

31.1.19

£

£

HFA

-

1,389

Other creditors

12,818

-

12,818

1,389

10.	MOVEMENT IN FUNDS

Net

movement

At

At 1.2.19

in funds

31.1.20

£

£

£

Unrestricted funds

UNRESTRICTED

369,246

198,698

567,944

TOTAL FUNDS

369,246

198,698

567,944

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

UNRESTRICTED

247,202

(48,504

)

198,698

TOTAL FUNDS

247,202

(48,504

)

198,698

Comparatives for movement in funds

Net

At

movement

At

1.11.17

in funds

31.1.19

£

£

£

Unrestricted funds

UNRESTRICTED

418,137

(48,891

)

369,246

TOTAL FUNDS

418,137

(48,891

)

369,246

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

UNRESTRICTED

18,672

(67,563

)

(48,891

)

TOTAL FUNDS

18,672

(67,563

)

(48,891

)

11.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 January 2020.