REGISTERED COMPANY NUMBER: 3810948 (England and Wale8) REGIS￿ERED cHARI￿y NUMBER.. 1080666 rt of tha Trustaes and Audited Financial Statements for tho Year Ended 31 Mareh 2024 for Mushkil Aasaan Lirnited (A C an Linuted b Guaranteè Naslt Mahmud ICA CharterÈd Attcauntant raLcDn 257 Burlington Rttdd New Plalden Surrey KT.3 JJNE lushkll Aasaan Limited Aeo an lirnlted b uarantaa Contents of the Flnancial St&tarnent8 for thè Yéar Ended 31 March 2024 Page Ref erence and Administrative Details strategic Report Report of the Trustee3 5 to 11 Report of the Independent Auditor 12 to L4 statement of FLnancial 3LctivitieE 15 alance Sheet Cash Flow Statement 17 Notes to the Cash Flow Statement Notes to the Flnancial Statements 19 to 26 Mushkil Aa8aan Llmitad Aco limited b rantee ReEerence and Adrninis trative Detail# for the Year Ended 31 March 2024 TRUSTEES Mrs. Shahoen Earhat Mrs. Habib Lateef Mrs. Rafeeq Deen COMPANY SECRETARY Mt8. Na8eem Aboobaker REGISTERED OFFICE 220-222 Upper Tooting Road London SWII 7EW REGISTERED COMPA￿ NUMBER 3810948 IEngland and Wales) PEGISTERED CEL4RITY NUMBER 10806 66 Lf4DEPW)ENT AUDI￿1)R Nasir lknlahrnud FCA Chartered Accountant Fal con Hotsse 257 Burlington Road New Malden Surrey KT3 4NE Nushkil Aasaan Lirnited limited antse strate ic Re for the Year Ended 31 March 2024 The trustees present their strategic report for the year ended 31 March 2024 REVIEN OF BUSINESS Mughkil Aasaan 18 a charity that was established in the early nlneties to support the needs of the local cornrnunity across cultural, faith, linguistic and ethnlc boundaries. The organisation embraces and outreaches to all diversities of religion and culture and 18 COItimitted to serving the community with equal access to all, regardless of gender, race religion, social class or disability. The core service is Domiciliary Care, Counsellinq and Advocacyr and the Cornrnunity Hub activities have grown considerably in the year. The challenges 8urrounding post COVID-19 were unprecedented but the senior team demonstrated decisivè leadershLP and rolé modelled the values In the action taken at the time. CLarlty of vision and creating purpose in a changing environJnent hi18t motivating through change, has been essential in inspiring tELe team and delivering outstanding services. We have continued to work hard to creating sustainable success and continue to develop and irnprovè. Community LS everythinn. Its Trustees are supported by a Board of Management and two Patrons. The Trustees have trLad regard to the Charity Commission, s guidance on public bènef it. The Trustees, who are also Directors for the purposes of Company Law and who served during the year and up to the date of this report are Set out on page l. All Trus'tees and Directors collectively nonitor and Ènsure delivery of its charitable ob] ectives and Strategic direction, while upholding the Charity, s values. They have responsibility f or ensuring good piactice, ef fective governance and JtLanagement. accurate and transparent f inancla I management and reporting. Furthermore, they ensure that the Charity COTllplies with relevant law3 and requiieThenLs of regulatory bodies, such as Care Quality Commisgion and NHS. They desire that MushkiL Aasaan re￿ainS successful and can contitLue to serve its diverse community as intended. The priority of our organisation remains, to seek to recruit and appoint new board tftembers / trustees while expanding the skill bank of our organisation through forrnal training relevant to the Charity needs WLth clear procedures on roles and responsibilities as trustees. Key Objectives of the Charity aré: To provide care, support, education and training for indivLduals and familig.s and their carers o provide Support to people affected by povertyy sickness, farnily breakd0T￿n and social exclusion. To develop the capacity and skills of mernbers of sociaLLy and/or POOT communities to help identif y and rneet their needs and enable theLn to participate more fully in L>ociety. To support peoplè in accessing l@gal advice and other professional advice arid uupport, TD provide a service responsive to assessed needs, with @qual access to all, Legardless of 8ex, race, incotne Social clas5. or other socio-demographic f actors . The Charity, s future direction and exisling sustainability L8 influenced by its grant f unding and spot-purchase cornrnissioning. Current s'trategic planning explorès a range of approaches encoTnpassing better outcomes for our service users and carers as set out in our vision and values. a92 5 Mu8hkil AaBaan Limited Aco an luThited b uazantee ort of the Tzustees continued for thè Yèar Rndéd 31 Mateh 2024 With our NHS AQP Pan London Provlder Status there Scope to venture into surrounding boroughs to provide these much-needed services. To develop an End-of-Lif e Care Service in Croydon whilst promoting Care work as a viable profession and provldlng appropriate trainlng. To rernaln alert on newer opportunities such as the Government Agenda on Integrated Services . To co-produce culturally sensltive Psychological Services and PrograJtLS of Health and ellbeing in Co-production with Wandsworth CD]D]nunity 8mpowerment Network and statutory services . To develop an Intergenerational Supported Housing Scheme Project at our slte, S b]orth Drive . The very initial process f or this venture in a conservation area has cornrnenced with the engagement of an architecturaL coThpany f or a f easLbility study wlth a range of Consultancies in brLnging it to and an initial Pre-App stage. Plans are currently place for the Charity to fortnalize as a registered Sottial Housing Provideri a much requested and an unmet need for our elderly who are desiting to downsizing. Also, a stated preferencè to rèsidèntial care, recalling what happened in the pande]Tric to tnany 0£ the elderly in Care hotnes. OUL planned inteigenerational purpose-built project rernalns a work in progress. Rlsk Assassment The annual grant of £51, 4 67 f rom the InJand8worth Council caters for the over-subscribed Service Level AgreertLent. Spot-Purchase of our Specialist DotniciLiary Sèrvices is the Charity s main source of income. The Tru8tees are con8cious of the reliance on the grant and tentative spot*urchased Dornlclliary Care income and the importance to reduce dependency 'through sustainable and creative initiatives, whiLe increasing revenue and control costs within models 0£ best value. The unit cost has renained considerably reduced to remain competitive in the fflarket posltion. Adherence to regulatory requirements and challenges of Cost of Living and newer CimpLoyMent laws have resulted in a reduction in earned income to break-even point and raises credible concerns for costings of all subsidized services and future development vision8. As with all entitie8 no future 18 assured and an elernent of risk Loorns over the future of the Charity. The econornic clitnate and changing patterns 0£ deliyery has its own impact orL Social Servic@s commissioning wiLh the added impact of Covid 19. Ln comparison to Last yÈar there has been a sustained Level of income generated through the spot-purchasing OE Dornicilia.ry Care. ge 6 Muohkil Aasaan Llmlted Aco an I￿Lted b aranteg zt 0£ the Ttustees contlnued for the Year Ended 31 March 2024 Financial perf ormanc e and resilience Ensure standard accountancy procedures are foLlowed and accounts managed on a reguLar basis Protecting the Charity, 8 assets Ensure inforrnation relating to assets are up to date and reviews take place regularly Poor data integrity and governance including IGDPRI Regulatory and Reputatlon al rL8ks &nsure data processing is carried out according to statuary requirement3 alo>ng wlth regular audits Ensure all compliance standards are known and regular audits take place during the year, especially CQC staf f TrlelLbeing Ensure regular 1218 are held with all staff by line managers and appropriate policie3 are in place for training and developtnent Reserve8 PeLIcy ID view of the risks identified, the ￿ruStee8 consider it prudent to hold unrestricted f ree reserves to cover approxirtiately 6 rnonths running costs. For the year ended, thls arnounted to approximately over £500, 000. Any additional unrestricted £ree reserves have been designated for an identified Supported Housing Pro j ect and to enhance the existing services provided as and when deemed tLecessaryr estimated cost to this project is over £5m. Ob jectives and actlVLties and Achievements and pez£ozmance We remain COTllrnitted to supporting our Co1[￿unitIeS tELat enhances their overall wellbeingj through life3tyle choices and our shared activities, not least serving wotllen and children who have no recourse to public funding or are experiencing Domestic Violence. Our populaL Counselling and Therapeutic Services remain over-subscribed f rom across the Statutory and VDluntary sector, along with self-referrals. This unique and holistic Trodol of multiple Therapeutic and Counselling techniques of £ers nanagement of crises and emotional distress. It aims to explore, enhance, and prornote the inner strengths and resources of the individual towards a greater well-beiLigN personal etnpowerment, and focus. Thi8 can further involve Crisis Intervention and Family Mediation and Conciliation and Practical Support in countering dornestic violence, f atllily breakdown, homelessness, child protection, eldèr abuse, racial harassment aDd discrimination. Page 7 Mushkil Aasaan Luiited Aco an I￿lted b uarantee ozt of the Trustaes contlnued £or the Year Ended 31 March 2024 Added value to this is appropriate practical asslstance and Advocacy in accesslng welf are rights, housingp social care and cornrnunity networks, career development, and health and well-belng initiatives. The 'added value, of this service was rnuch recognized this year with us being inundated with referrals from GP Social Prescrlblng Services. To facilitate this Service further we have been privileged to have the Services of a Legal Firm and a C08t of LLvLng Citizen Advice Bureau Cllnic weekly. Accordlnglyi there wa8 a notable increase in assisting Tryelfare rights claimantsi dornestic violence victimsi and mental health concerns, along with homelessness. Our Counselling and Advocacy Service was over-subscribed with "Children In Need" and family relationships becoming very stressed in a climate of f inancial uncertainties, unemployment and family breakdown and bereav&ment. Added to the existing caseload, therè were 266 new client8 Ln the year requiring inten8e advocacyi crisis and counselling support. A range of Support Groups Lnstigated by the imperative needs of thè diverse Comrnunitiesl give the Centre a real sense of vibrancy and value throughout the week, for a whole range of activities, including family and eornrnunity celebrations, discussionsi and debatè across a range of organisations and topics. Our Elderly Women, s Weekly Support Group Continues and is a popular activity at our Centre. Apart from a weekly lunch together which incorporate8 well-women Seminars and fitness activities, it further helps to promote their overall well-bèing when they voice their concerns and a voice on social issues. A group of yOUTJg prof essional women and workiug mothers continue to meet at the Centre on Monday evening8, Wlth a focus on self-support. It remains an important forum f Dr helping them gain greater conf idence and understanding of positive parenting through their shared experiences 0£ tFLeir growing children, s need8. Suppor'ted by Thlandsworth Council and St Georges Hospital our Falls Prevention service has been invaluable in providing an exercise class with regular assessrnents and reviews frollL a visiting Physiotherapist. It also provides a platform for 80cialising aTtd combating isolation in a relaxing atrnosphere with cultural needs respected. Cost of Living Crisi3 highlighted a great need for Cornrnunities to corAbat isolation and Mental and physical health needs. To this end the Local Authority instigated the Cost of Living Warm Days. This enabled us to provide a hot meal to those attending and a Food Bank f or home meals for those unable to attend. This was further enhanced by a creative programrne of activities and access to rnany specialisL service3 for elderly rnen and wornen wa8 very popuLar with a great dernand for more. The yEar commenced on a positive note witEL a very successful Ramadan and Easter Playscheme for Children and their families under the DfE funded Holiday Activities and Food Progra(llTlle IHAFI . The aim of the prograLTme wa5 to provide free stimuLating activities and promote nutritiou3 rneals to children in a CovLd safe envirDnrnent. Mushkil Aasaan's prograrnme has been well received and appraised by the Local Authority. This has now become a cornmon £eature in the. year with an Easter, Surnrner and Winter playscheme moving onto another seasonal year. It gives us great pleasuLe to welcome children and their £arniliesi especially 'Lhose with Special Needs who would rLOt normally venture out. North Drive proposed deveLoptnent of Supported Housing f-or the Seniors is shortLy scheduled to go to Planning Conunittee af ter much f rustration and delayN whilst also excitement. We are confident that it will bring a greater quality of ILfe for our seniors in the cOn￿RunitY who need to downsize f rom Lheir current accoTllTnodation, while freeing up rnuch needed family housing for those in need. PafJe $ Nu8hkil Aasaan Limited IA com an lknILted b arantee ort 0£ the Trusteas eontinuad for the Xear 8nded 31 March 2024 In partlcular, it will provide greater autonomy while securing for thetn their aspirations and atllbitions in their retirement years. Its planned landscaped gardens space will further enhance their quality of life aThongBt an ititergenerational atmosphere. The ZakLa centre women, s support group actLVlties have been on Elold tor sorne tim due to the need for requlred major repairs and Nursery provider surrenderlng the lease. Both were also affected by the progression of covid, while we have rnaintained providing accommodation and support to WOTAen who have experienced domestic abuse, rAle are also in discussions with other providers, who are considering Joint working partnèrship fundlng actlvlties, In mental health support. Sustainabilityp Socxal Re8ponBlblllty and Fubllc InFact MushkiL Aa8aan continues to promote a strong eitizenshiFbas@d culture of involvement and social responsibility ttLrough a range of activities and foEurns. fAe continue to 8trengthen our support networks and links within the wider diverse communities of South London. The importance of developing a shared understandLng and cooperatLon between statutory and secular comunities cannot be ernphasized enough. Consultancy to Co-profe88Lonal8 and Community representation to statutory services rernalns a key objective in highlighting unrnet needs . Mushkil Aasaan continues to build its link3 and Support networks with the &tatutoEy and voluntary séctor and the wider diverse communities of South London which was overwhelmingly evident in aLI the activitie3 that take place in the Cornmunity Hub. IIP notes that 'Mushkil Aasaan has a very friendlyr Posltive culture and people throughout the organisation enj oy working there and appear to be loyaL and dedicated. As ever much of our accomplisiimentS this year could not have been achieved without the continued dedication and commLtment of our Careworkers, VoluntÈers Trustees Management Board and Of f ice-Based Support Team. The daily cornplexities and challenges o coordinating ef fective ongoing developrnent Project such as Mushkil Aasaan remains for the most part in the hands of Naseern Aboobaker OUL Project Director and Bernadette Khan our Consultant Social Worker. and Nasreen Seedat our Care Co-ordinator, all of whom work tirelessly beyc>nd the call of duty Eor the CortvourLities we serve. an To name but a few accomplishments in the year wera: More than 117,275 hours of Domiciliary Care throughout the year which provide a quality of life to those in need of culturally sensitive care and dignity at time8 of end of Lif e without being dependent on f arnily/carers. FurtherTnorei our Domiciliary Care Services empower the elderly to remain in their hotnes and reduce the dÈmands on hospitaLisaLLon and other statutory healtFL and social care services. There were 266 new referrals and at least 35 hours per week of face to face Counsellingi Casework and Advocacy Support. This rernains a pivotal role in addressing unrnet needs in Health and Social Care Servicesi Legal and other professional services countering family breakdown, domestic violence and saleguarding children and the elderly. CAML ICit12ens Advice Mer'Lon and Lajnbeth Service remains iirLperative in 3upporting clients with Cost of Living Support in relation to homelessness housing issues, debt management, welfare rights and disability entitleJnents advice and forrn-filling and ollow-ups . This year we were prLVLLedged to be elected as an embedded Cortllnunity Provider by the London-wide PROPEL Project. ThL5 entails 2 ￿eMberS of the Charity's Staff b@ing trained by Wandsworth Citizens Advice Bureau as quaLif led Advice Workers. Mushkil Aasaan Limited Aco an limited b uarantee ort 0£ tha Trustaas contLnuad £or the Year Ended 31 Karch 2024 There is over 500 Users weekly of Support Groups and Centre ActLVlties, Setninars and Events. Our SuppDrt Groups, Volunteering and Career Development impact on reducing isolation, prornoting well-being and reducing dependency on statutory services. Mushkil Aasaan is also now registered as an official Cornmunity Space. Wandsworth Childrens and Pamilie8 department funded a 13-week Cost 0£ Living programme for families with young ohildren, CoLnmencing with a ChristTNas Day meal and ending with an Eid Fèstival celebration it served 70 tneal8 per day twicè a week. A Mother and Toddler group met on Mondays with activitie3 and parental skilla support f or rnothers and creche facility for the toddlers. The Saturday group evolved into an intergenerational. day with elders joining in for a hot meal and a range of exciting actlvLties every week with older children. An open door facility was also available for families in need to pick up hot meals whilst the sarne were also dL3tributed to rough sleepers in the vicinity. As part of the EMHIP (Ethnic MlnoritLeB and Health Inequallties Partnership) prograrn, our ground f loor was renovated to @stablish a second HUB faciLity through the South West London Mental Uealth Trust. By year's end, recruitment was underway for an Activities Coordinator and a Mental frlellbeing Manager to further support this initiative. Mushkil Aasaan also secured a contract with the SWL Mental Health Service for Peer Support, employing Lwo Peer Support Workers to handle daily intalce for clients referred by the Trust for culturally and lin(Juistically appropriate rnental health support. This role underlines our commitTtLent to providing tnental welLne53 services that respect cultural and f aith-based contexts . We remain passionate about our work and support to the farnilies and conllThunities we serve. Our success lies in our ethos of our cornmitment to address unmet needs with a holistic rrLodel of support that promotes besL value. Across a spectrum of very complex and unmet needs, our early interventionist practice model of assessment and support reducès the call later eostliér statutory services. Financial Tavle The charity EtLade a not surplus of £359, 377 during the year. At the balance shee'È datei total unrestricted funds amounted to £8, 555, 664 including a net revaluation reserve of £875, 700. n￿loyee involvement Supportingi Ldentifyingi nurturingi and providing the opportunities for people to be ernpowered and to Lmprove themselveB is fundamental to the culture of Mushkil Aasaan. Nost staff are extremely proud o'f the organisationi their visibility in the communiLy and ttLe support that is given to the f amiLies and comJtLunities in the area. We operate within a culture which supports collaborative working and strong i.ntra-tearn support. TFLe job shadowingi paired workingt training sessions and the ormal weekly visits to the of f ice enable this to take place. In additioni people are encouraged to discuss their individual needs and to share and suppott their team members. Career developThent amongst ou.r staff remains an organisational key objective. The cenLral f ocus of our recruitment, retention and practices is promoting and empowering those who seek such opportunities. This manifests itsolf in contLnuing to provide inclusive ernpLoyment opportunities for male and fernale Careworkers and Volunteers. he open and transparent Leadership of the off ice tea]n and senior staf £ sets a positive tone for aspiring leaders and managers throughout the organisation. LQ Mushkll Aasaan Limxted Acorn an limited b uarantéè ort of the Trustees continued for thè Year Rnded 31 March 2024 There is a considerable a￿oUnt of training opportunities in this year including both face to face and anllne. Recent otLgolng key tralning requirement has been related to Care Quality Cor[￿A15s1on and NHS Integrated Care Ref orm, Management Level 4, Advice First for Citizens Advice, PALS Dementia Assessments, Care Supervision AutLSm, Manual Handlingi Infectlon Control, End of Life, and Care Certificates and Level 2. ststement a8 Èo disclosuro of information to auditot8 In so far as the trustees are aware there is no reLevant audit information of which the eharitable company, s auditors are unaware,. and the trustees have taken aLI steps that they ought to have taken to make themselves aware of any relevant audit inforrnation and to establish that the auditors are aware of that Information. STATEMKNT OF TRUSTEES BISPONSIBILITIBS The tiustÈes Iwho are also the directors of Mushkil Aasaan Limited IA compaJJy lirnited by guarantee) for the putposes of company Lawl are responsible for preparing the Report of the Trustees and the financial stateThents in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) Company law requires the trustees to prepare flnancial 5tatetnents f or each f Lnancial year which give a true and f air view of the situation of the charitable co]llpany and 0£ the incotning re sources and application of Eesources, including Lhe income and expenditure 0£ the charitable co]npany for that period. preparing those financial statetllents, the trustees are required to select suitable accounting policies and then apply thetn consistently. observe the methods and principles in the ctLarity SORP to make judgements and estitnates that are reasonable and prudent to prepare the f inancial Statements on 'the going concern ba8is unless it i s inappropriate to presume that the chariLable company will continue in busine88. The Lrustees are responsible f or keeping proper accounting records which disclose with reasonable accuracy at any time the f inancial p051tion of the charitable company and to enable them Lo ensure that the f ir>ancial statements comply with the Companies Act 2006. They are also responsible or Baf eguardLng the assets of the charitable cornpany and hence for taking reasonable steps for the prevention and de'Lection of fraud and other irregularities. In 80 far as the Lrustees are aware, Èhere is no relevant audit inforrnation of which the charitable company, s auditor is unawarè,. and the trustees have taken all steps that 'Lhey ought to have taken Èo rnake themseLves aware of any Eelevant audit information and to estabLish that the auditor is aware of that information. AUDITOR The auditor, DJasir Mahrnud FCA, wiLI be proposed f or re-appointment at the f orthcoFtLing Annual General Meeting. Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on Mcndayr 23 Decernber 2024 and signed on the board, s behalf by: Mrs. Shaheen Fiarhat Trustee ge IL ort of the Inde endont Auditor to the Member8 of Mu8hkil Aasaan Limited IA eo an li￿ted b uarantee for the Year Ended 31 March 2024 Opinlon I have audited the f inancial statements of Mushkil Aa8aan Lirnited IA company Ilrnited by guarantee) (the 'charitable company'l for the year ended 31 March 2024 which comprise the Statelltent of Financial Activities, the Balance Sheet, the Cash FIDW statement and notes to the financial 8taternents, includlng a summary of signif icant accounting policies . The f inancial reporting tramework that has been applied in their preparation is applicable law and United Kingdorn Accounting Standards (United Klngdo Generally Accepted Accounting Practice), Lncluding FinanciaL Reporting Standard 102 'The FinanciaL Reporting Standard applicable in the UK and Republic of Lreland, In my opinion the financial staternents: give a Lrue and fair vlew of the state of the charitable cornpany s affairs as at 31 March 2024 and of its incoming resources and applicatloTh of resources, including its income and expenditure, far the year then ended.. have been properly prepared in accordance with Unlted Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 1 The Financial Reporting Standard applicable in the UK and Republic of Irelandl and have been prepared in accordance with the re(￿IreMentS of the Companies Act 2006. Ba318 for opinion I conducted rny audit in accordance with International Standards on Auditing IUKI IISAS IUKI l and applicable Law. My re3ponsibilitles under those Standards are further described in the Auditor responsibilities for the audit of the financial statemÈnts section of my report. I am independent OE the charitable cortLpany in accordance with thè ethical requirements that are relevant to my audit of the f inancial statements in the UK, including the FRC, s Ethical Standard, and I have fulfllled rny other ethicaL respons ibilities in accordance with these re(tllirernÈnts . I believe that the audit evidence I have obtained is sufflcient and appropriate to provide a basis for my opinion. Conclusions rélating to qolng ooncern have nothing to report in respect of the following rnatters in relation to which the ISAS IUKI require rne to report to you where: the trustees, use of the going concern basis of accounting in the preparation of the financial statements is not appropriate,. the truEte@s have not disc108ed in Lhe tinancial statern@nts any identified material uncertainties that rnay cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of accounting for a period 0£ at least twelve months .f rom the dat& when the f inancial s Latements are authori8ed for issue. other informatlon The trustees are responsible for the other information. The other information coThprises the information included in the Annual Report, other than the financial statements and my Report of the Independent Auditor thereon. My opinion on the financLal statement3 does not cover the other inforETLation and, except to the extenL otherwise expLLCltly stated in my report, I de not express any form of assurance conclusion thereon. In connection with my audit of the f inancial s latement81 my responsibil ity is Lo read the other information and in doing so, consider whether the other inforrnatlDll IS rnaterially inconsistent with the financial statementsi or my knowledge obtaLned in the audit or otherwise appears to be materially rnisstated. If l iaentify such material inconsistencies or apparenL rnaterial misstatement81 I am required to determine whether there is a JrLaterial misstatement in the financial 8tateTnents or a material misstate]nent of the other Information. If, based on the work I have performed, conclude that there is a material misstatement of this other information, I am required to report that fact. I havè nothing to report in this regard. ao*. Iz ort of the Inde endent Au￿t0￿ to the Me￿￿et8 of Mu3hkil Aasaan Limlted eontinued (A c limited b uarantee for the Year Ended 31 Match 2024 Opinions on other rnatters prescribed by the Companies Act 2006 In my opinion, based on the work undertaken in the course of the audit: the Infor￿atIOn given In the Report of the Trustees f or the f inancial year f or which the f inancial staternents are prepared is consistent with the financial staternentS," and the Report of the Trustees has been prepared in accordance with applicable legal requirements. Matt8r8 on which I am required to report by exception In the light of thé knowledge and understanding of the charitable company and Its environment obtained in the course of the audit, I have not identified material misstatements in the Report of the TrusÈees. I have nothing to report in respect of the following rnatters where the CoTftpanies Act 2006 requires me to report to you if, in TNY opinion: adequate accounting records Liave not been kept or Eeturns adequate for my audit have not been received from branches not VLSlted by me. or the financial statetnents are not in agreemènt with the accounting records and returns,. certain disclosures of trustees, remuneration specified by law are not rnade," I have not received all the in£ormation and explanations I require for my audit. Re8ponsibllltias 0£ tru¥taaa s expLained more fully in the Statement af Trustees, Responsibilities, the trustees (who are also the directors of the eharitabLe CQTllPany for the purposes of COTnpany lawl are reBPOllSLblÈ for the preparation of the f inancial statements and for being satisf Led Lhat they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free £rcm material rnisstatement, whether due to fraud or error. In preparin9 Lhe findncial statemènts, the trustees are responsible for assessing the charitable company's ability to continue as a golng concern, disclosingi as applicable. rnatters related to going Concern and using tELe going concern basis of accountirkg unless the trustee8 eithet intend to liquidate thè charitable coJtLpany OE to cease operatlons or have no realistio alternative but to do so. My responslbilitlés foz the audit of the fxnanelal statements My objectives are to obtain reasonable assurance about whether the financiaL statetllents as a whole are free from material tnisstatement whether due to fraud or error, and to L8sue a Report 0£ the Independent Auditor that includes my opinlon. Reasonable assurance is a high level of assurance but is not a guarante@ that an audit conducted in accordance with ISAS IUKI will always detect a tllaterial rnisstatement when it exists. Misstaternents can arise froTTL fraud or error and are considered material if, individually or in the aggregate, they could reasDnably be expected to influence the economic deci8ions of users taken on the basis of the3e financial staternents . Irregularities including fraud, are instances of non-cornpliance wiLh laws and .regulatiolls. I design procedures in line with my responsibilities, outlined above, to detect Tnaterial misstatements in respect of irregularities, including fraud. The extent to which my procedures are capable OE detecting irregularities, including fraud is detailed below: Enquiry of manageTCLent, those charged with governance and the entity, s solicitors lor in-house legal tearnl around actual and potential litigation and claims. Enquiry of entity staff in tax and compliance functions to identify any instances of non-compliance with laws and regulations. P47qe 13 Re ort of the Inde endent Au￿t0￿ to the Mambérs of MushkiL Aasaan Limitèd contlnued Aco limited b arantee £or the Y6ar End•d 31 t4areh 2024 Reviewing minutes of meetings of those Charged with governance. Reviewing internal audit reports. Reviewing f inarlcial statement disclosures and testing to supporting documentatlon to assess compliance wlth applicable laws and regulations. Auditlng the rlsk of managernent override of Controls, including tELrough testing journal entries and other adjustrRents for appropriateneas, and evaluating the business rationale of signif icant transactions outside the normal course of business. A further description of my responsibilitie8 for the audit of the f Inanclal stateTnents located on the Financial Reporting CounciL I webs i te at . frc.org.uk/auditorsresponsibilitieB. Thi8 description forms part of rny Report of the Independent Auditor. Use of my zeport This report is made solely to the charitable company's members, as a bodyp in accordance with Chapter 3 of Part 16 of the Companies Act 2006. My audit work has been undertaken so that I might state to the charitable company's rnembers those rnatters I arn requlred to State to them an auditor, s report and f or no other purpose. o the fullest extent permitted hy law, I do not accept or assume responsibility to anyone other Lhan the charitable cornpany and the charitable cornpany, s members as a body, for my audit work, for this repoEt, or for the opinions I have formed. Nasir Mahmud FCA Isenior Statutory auditor) For and on behalf of Na8ir Mahmud FCA Chartered Accountant and Registered Auditors Falcon House 257 Burlington Road New Malden Surrey KT3 4NE Date: 23 December 2024 Fa9E 14 Mu8hkll Aasaan Lthltèd Acom an likuted b arantee statellLent 0£ Financial Actlvitie8 for th• Year Ended 31 March 2024 31.3.24 Total Eunds 31.3.23 Total funds Unrestricted Restricted funds fund8 Notes INCOMK AND ENDOEbTrJENTS FRO Donations and legacies 110,988 ILD, 988 98,770 other trading actlVLtie3 Investment Income 2,267,209 196,228 2, 267,209 1,826,582 196,228 185, 766 Total 2,463,437 110,988 2,574,425 2,111,118 EXPENDITURE ON Raising funds 108, 943 108, 943 54,368 Charitablè actLVlties Spot Purchases Charitable activity Governance costs 1,676,602 301,515 17,000 1,676,602 1,39L,736 412,503 401,279 17,000 17, 000 110,988 Total 2,104,060 110, 988 2, 215, 04B 1,864, 383 Net gains (Lossl on investrnents 132,4001 NKT INCOMR/ (EXPENDITURE) 359, 377 359, 377 214, 335 REALLOCATION OF RKSTRICTED FtJNDS 126,535) 26.535 RECONCILIAYION OF FUNDS Total funds brought fozwazd 8,196,287 126, 5351 8, 169, 752 7, 955,417 OTAL TUNDS CARRIED FORWARD 8,529,129 8,529,129 8,169,752 The pdrt Einaneial statelThuiil aqo LJ Mushkll Aasaan Limited Aco limuted b arantee Balance Sheet 31 March 2024 31.3.24 Total f unds 31.3.23 Total funds Notes FIXED ASSETS Tangible assets Investrnent property 12 13 493, 672 490,208 4.180,000 4,230,000 4, 673, 672 4, 720,208 CUPRENT ASSETS Debtors Cash at bank and in hand 14 360,531 310,023 3, 937, 814 3,570, 559 4,298,405 3,880,582 CREDITORS An]ounts falling due within one yearL5 1237, 7481 1216.3381 NET CURRENT ASSETS/ (LIABILITIES) 4,060,657 3,664,244 TOTAL ASSETS LESS c[51111￿ LIABILITIKS 8,734,329 8,384,452 PRovxsfoNS FOR LIABILITIES 1205,2001 1214,7001 IAET ASSETS 8,529, 129 8,169, 752 17 Unrestrlcted funds: General fund Revaluation Reserve 7,653,429 7,280,087 875,700 916, 200 8,529,129 8,196,287 Restricted Eunds: Restricted Fund 126,5351 TOTAL FUNDS 8, 529, 129 8, 169,752 The financial staternen'ts were approved by 'the Board of Trustees and authorised for issue on Mondayi 23 Decernber 2024 and were signed on its behalf by: Mrs. Shaheen Farhat Trustee ThE noLe¥ part t.￿￿3￿1 tLnanclal 3LaLeJ*anL's Eage 16 Mushkil Aagaan Lirnited Aeo li￿ted b arante& Ca8h Flow Statement for the Year Ended 31 14ar2h 2024 31.3.24 31.3.23 Cash flows from operating actlvities Cash generated f rom operations IntereEt paid 349,425 15,0251 262. 199 13, 6211 Nèt cash provided by operating actlvltLes 344,400 258, 578 Cash flows £rom investing activits08 Purchasè of tangible fixed asset Interest received Repayment of loan 119, 8471 42,762 17,1421 12,104 Net cash provided by investing activities 22,915 4, 962 Change in cash and cash equivalent3 the repoxting pèrlod Cash and cash equivalents at the beqinninq of the reporting perlod 367,3L5 263, 540 3,570,559 3,307, 019 Cash and cash equivalents at the end of the teportlng pèrlc 3, 937,874 3,570, 559 hE tDfm Pdft ￿f the¥￿ E--nanciul PaqE 17 8hkil Aasaan Limltad limited b arantee Notes to the Cash Flow Statement foz the Yeax Ended 31 MaLch 2024 RECONCILIATION OF INCOME TO NET CASH FLOW FROt4 OPEPATING ACTIVITIES 31.3.24 31.3.23 Flet incor* £or the zeportlng perlod Notea to the Financial StateThonts aontLnuéd for the ¥&ar End6d 31 March 2024 17. NOVEMEi4T IN FUNDS Net ovement t 1.4.23 in funds rans f unds At 31.3.24 Unre8trlcted fund8 General funds RevaLuation Reserve 7,280,087 916,200 359, 377 140,5001 126, 5351 7, 612,929 875, 700 8,196,287 318,877 126,5351 8,488, 629 R68trlcted fwids Reatricted Fund8 126, 5351 26,535 TOTAL rns 8,196,287 292, 342 8, 488,629 Supported Jousing Project included in above Unrestrlcted reserves have been deslgnated for an identifled Supported Housing project and to enhance the existing services provided with estunated cost of £5m or more. Nat movement in £unds, included in tha above are as follows: Incoming resources ResouECèS expended Gains and losses Movement in £unds UnE&atrxcted funds General fund Revaluation Reserve 2,566,760 12,207, 3831 359, 377 2,566, 760 12,207,383) 359,377 Re¥trigted fur￿9 Restricted Fund 7,665 17, 665 TOTAL FUZ4D8 2,574,425 12,215, 048 359,377 Con)par8tive¥ for mDveThent in fund8 Net movernent in f unds At 31.3.23 At 1.4.22 UnreBtrlctad £unds General fund Revaluation Reserve 7, 037, 551 948, 600 242, 536 132, 4001 7,280,087 916,200 7.986,151 210, 136 8,196,287 RèstrLcted £und8 Restrlcted Fund 130, 734 4,199 126,5351 TOTAL FUNDS 7, 955,417 214,335 8, 169, 752 44È 2S Qi>ntif.ued. Mushkil Aasaan Limited linuted b arantee Notes to the financial Statements for tha Year Ended 31 14atch 2024 continued 17. MOVEMENT IN FUNDS - contlnuod Comparative net movernent in funds, included in the above are as follows: Incorning esources Resources expended Gains and Ios8e8 Movernent n f Uhds Unrestricted fund General f und Revaluation Reserve 2,061,15(1 11,818, 6141 242,536 132,4001 132, 4001 2,061,150 11,818,614) 132,4001 210,136 R•strictsd funds Restricted Fund 49,968 145,7691 4, 199 TOTAL FUND9 2,111,118 11,864,383) 132,4001 214,335 18 . RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 Trlarch 2024. 19. POST 3ALANCE SHEET EVEN Nushkil Aasaan continues to operate without a formal service level agreernent f or providing hotnecare services. The contract was not reneTrJed by the Wandswcirth Borough Council. pagu douJ llul part OE Ihe gtAttsLDEy Eir.anclal 3tatolhBnl Pagr 26