Trustees. Annual Report for the period P*￿￿J start dale 01 01 Peilod end dale 31 12 2024 From 2024 To Section A Reference and administration details PRECIOUS GIFrs Chartty name Oth•r namm ch•rfty 18 known by R•glslerod charfty n4mb•r 01 any) 1088316 Charlty'• prln¢lp•l addro•8 11 GREENHEAO AVENUE BLACKBURN i Poslcod• BB15PR Plamos of the charfty tru8too• who manag• tho charfty •¢t•d 11 nol lor whol• Offlc• Ill •nyl Trust•• Th￿• N•m¢ ol pernon {oi body? •r*hl•d to SOAB PATEL FAISAL PATEL IRFAN PATEL Tiusleo Trustee Tntstee 10 12 13 14 15 16 17 18 19 20 N•mes ol Iho Irusteos lof the charlty.11 •ny,1lor •xafflpl•. Any cu•lodl•n ITu•leas) Namo Dat￿ acléd If nol lor whole ear TAR 2Q11 Naffl@x and addrossgs ol •dvl••rn Iopuonal Infomiailoni T o ol advls•r N4m• Addr••s Nam• ol chlol exe¢uUv• or names o16enlor slatl m•mb•r4 Ioptlonal Inlomiallon) Section B Structure, overnance and mana ement D•scrtPllon ol th• ch•rlty'• truJt• TRUST DEED DATED 3 JULY 2000, AS AMENDED 31 JULY 20CA8 T>pe of goveming dccJmenl Ht%v lh• chwity Is conslituled TRUST Trustee sèlèthon melhods , 4PPOINTED Addltlonal gov•manc• Issu•s Ioptional inlomiation) You may Choo￿ to Inclucl• addilional InloTTnalrt)n. whef• ielevanl. ab)ut pol￿¢$ and Pf¢xedures •Jopled lor the ffiductwi and training of tru51e¢s, the charty's organisalion•l slruclufe anu any wNJer The￿ork wilh which Ihe thanty ielalhxshrp wth ary rekled parties, trustees, cofisideraiiDn ol maior risks and Ihe syslern and procedures lo manaoe them Section C ectlves and activitles THE TRUSTEES SFVILL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST TOAPPLY THEM FOR OR TOWARDS SUCH CHARITA8LE PURPOSES AND TO MAKE t)ONATIONS TO SUCH CHARITABLE INSTITUTION OR INSTITUTIONS AT SUCH TIKIE AND IN SUCH MANNER AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE Summary ol (he obJ•¢ts of lh• charlty sal out In Its gov•rnlng do¢um•nl TAR March 2012 TrIE CHARITr HAS SOUGHT DONATIONS FROM INCyMDU￿s ANO ORGANISAnoNS IN ORDER TO RAISE MUNEY TO FULFIL ITS AIMS, DURING THE YEAR DONATIONS OF £37951 I￿RE RFCEIVED DONATIONS IIAve 8EEN MADE TO NEEDY INDIVIDUALS TO BUY ESSENTIALS SUCH AS FOOD AND MEDICIN& THE TftUSTEES trIAVE HAD REGARD TO THE GUIDANCE ISSUED BY THE CHARITY c(￿mIsSION ON PU8LIL LIENEFIT VIfrIEN WaNC OECISIONS RELEVANT TO THE CHARITY Summary d lh• Main acllvi11•8 undortahgn lor ih• publlc benefit In relation 10 tho<• obJ•ets lineludo withln Ihi$ •o¢llon tho alalulory ecliratlon Ihal Irusleès have hAd ragard lo tha autsl#Thc• suod by tho Charlty Commlulon on publlc benelil) Add1¢1￿￿ d•tsll• rf gbJ•Gllv•s •nd a¢tlvltle• IOption41 Inlomi•ilon Yvu In•y cho￿• lo Irt1￿19 lurther stalemenls, W41we Mlwanl. aboL . po&cy on grththr4J'. polhey Pff4rrne r•l•t• ¢strnffjl, conliibulw m•de by voluniews. TAA 2012 Section D Achievements and performance THE CHARITY ii4S MADE DONATIONS TO VaDOWS AND ORPHANS IN THIRD WORLD COUNTRIES SO THAT THEY COULD BE CARED FOR IN A DIGNIFIED MANNER. DONATIONS HAVE BEEN MADE IN ORDER TO PROVIDE VOCATIONAL TRAINING TO WIDOWS SO THAT THEY CAN BE TK41NED TO BEc￿E SELF-SUFFICIENT Sufflffl•ry ol lh• maln achlovom•nts of th• charlty durlng th• y•ar TAR Mwth 2012 Sectlon E Financial review IT IS THE POLICY OF THE CHARITY THAT UNRESTRICTED FUNOS WHICH HAVE NOT BEEN DESIGNATED FOR A SPECIFIC USE SHOULD BE tIONATED AS SQON AS POSSI￿ IN LINE WiTH ITS OBJECTIVES Brt•l ilal•ment of the ¢harfty'• pollcy on r•¥•rv•s O•tslls d arry lund• m•l•fl•lly In d•flcll NONE Furth•r Ilnanclal rewew dètalls (Opuonal Inf¢JrniaUonl You m•y ¢hoos• lo inclL•de addl1￿)nal Inf(xmation, whore relevanl atjout souices DI hjnds {m￿d ar•y lundraisingl,. expendrture has supported Ihe key objec￿1 cl the charity. Inve51menl Fdicy and obieclrves Including any eth&al IrNe5tsnent policy •Jopiea, Section F Other o tional information Section G Declaration The iruslee5 0e¢laro Ihal Ihoy have approvod Ilie Irusloos, report above. Slgmd on behaH ol th• chrity'• tn￿1•￿￿ Slgn•tur•lS) Full nim￿•) SOAO PATEL Posltion (eg Secr•L•ry. Ch•ir, TRUSTEE •lcl FAISAL PATEL TRUSTEÈ Dal• 0210512025 TAR 2012 CIIARIIY COMMISSIO PREClaUS GIFTS R•e•i tsandpa ments accounts CC16a F•r ih• p•ilg QIIOin024 )In*2024 T• S•ctlon A Recelpts and paymonts Unrn¥lrtot•d lund* RMtrl•l•d nds L•1 ¥••r lund* Al R•0* btol J7JS1 A2 Ass•t •nd knY••kn•nl B•kn. l••• thbl•l 19.61• AJ Plyfv￿ts J•Jis Sub lolal J• J•s•D A4 Au•1 •nd IhvMlm•Dt pur•h•￿, Is•• t•bl•l Sub lo(•1 Il•1 ol rve•1pt￿p*YrnenthJ Trnn•fvrn ty•rw••n lurdl• Al Ca•h lynds I￿1 y••i •nd C•Jh th1* y•w •nd T2* 9>> 955 275 2?4 9$5 Sectlon B Statement of assets and liabilitles at the end of the poriod l¥nO• fvfvd• 81 C••h fvnd• rothl ¢••h lu•xl• funés f¥nd• mle lund . za$• 84 Au•ts rntsln•d l•1 11 D¢'.•il 85 zaaa D*ol L¥h•i tr* FAI￿ PATEL CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of PRECIOUS GIFTS On accounts for the year ended 31-12-2024 Charity no (if any) 1088316 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 3111212024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act'}. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)