If). Ji I IMnVI PAK18TAN A880CIATION. LIVERPOOL FINANCIAL 8TATEMENT8 31 Maroh 2024 CHARITY NUMBeR 10•240• PAKISTAN ASSOCIATION - LIVERPOOL FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 CONTENTS PAGE Trustees Annual Report Independent examine¢s report to the trustees Statement of financial 8cb'wtses Income and experKJiture atxount Balance sheet Notes to the finanaal statements TRUSTEE8 ANNUAL REPORT YEAR ENDED 31 MARCH 2024 Trft trustees have Veasures in prtsentrg th*r iep(Ml •nd un•uLlt•J fin•ncial statemonts of thanty for year erthd 31 Marc* 2024 REFERENCE AND ADMINISTFi4TIVE DETAILS Register￿ thanty nwne Chanty registrabon number Prinapal offi Pakisthn AS•oda￿On- Lp￿ry)001 1092489 MU￿raVe Street verpool Merseyside L8 2TF ThE TRUSTEES The trustees vtho seNed th8 company durir¥J the penod were as follo¥￿. Mr Ahmed Munir Mr Zafar Ali Mr Humayun Mirza Ms Shaheen ou￿hY Ms Haira Qureshy Ms Faika Qureshi Mr Tahir Javed Mr Haji Gulzar Mr Mushtaq Huss&n Mr Tanq khan Mr Adnan Riaz PAKI8TAN A880CIATION - LIVERPOOL TRUSTEES ANNUAL REPORT ICgntlnu•d) YEAR ENDED 31 MARCH 2024 Thè trustee'8 present Ihelr reporl. along Yllh finandal $tslement8 01 Ihe charty for the year ended 3181 Mar¢h 2024. The association 18 sel up lo promote Ihe benefrt of the inhabilanls in and around Merseyskle and In parti¢ular ol Ihe Pakistanl ¢ommunlty to advance educallon. advance religion, lo presèrve good heatth and lo provide fac11+t￿$ in the intere$l$ ol iodal V*plfare for I￿pIlo￿ #nd thelr ￿lsUre lime oGcupalion wrth the oty'ed ol improw. the ¢ondilion$ of life for Ihe sakl inhabitants. Durlryd the ￿4T varlous functions and 3eminars were held at the chariW$ hall. srtualed al Mulgrave Street, Toxteth, Llverpotsl, to fvifil the aims and obfvdive of the ¢harity. The chanty was grant aided by LNerpool Crty Counril and other org•nisation$ as shovm In the finandal slalemen15 for Ihe year uThJer rev￿ Thè Iruslees Indeed thankful lo the various organi$aUons mentloned above vtho ￿ntributed towards the Nnnlng 8XFense$ ol Ihe chaiity. The grants reeer¥ed during the year are shown as resthcted fuTras Ihese accounts The tIUStse$ are grateful lor the volunteers hè¥>8d Ihrouphoul Ihtr ￿art0 arranp the va￿9u9 adivilies held in the hall and outsth. We have referred to the guidan¢e eontained In the chanty COMMI￿lonelS general guKlance on PLt*lK benefft wthen re¢efving our alm8 and obleetive8 and pkinnlng ourfutufy a(alvths •$ att￿ed. Mr Ahmed Munir {Presidenti zs. 23 May 2024 PAKISTAN ASSOCIATION . LIVERPOOL TRUSTEE8 ANNUAL REPORT IContlnu•d YEAR ENDED 31 MARCH 2024 RESPON8IBLmES OF THE TRU8TIE8 The ¢haTty's trustees are responsible for preparing the trustees annual report and the finanaal statemenl in ac£ordanc* applicable law and United ￿ngdorn A¢￿Un￿ng standard {United ￿nad¢￿￿ Generalty ADwied N£ts)untsng pract￿*) law aFvlrable to charthes in England and wales requires the trustees to prepare financial statements for each finanrjal year whith gNes true and fair view of the state of affairs of the chanty and of the inc4)ming resourc*s and applicatson of resourtes of the chanty for that period. In preparing these financAal $laternénts. Ihe trjslees are ￿qUIred to.. Sele¢l suitable accounting poliaes and ten apply them consistentty. Observe the methods and prinapks in the chanb.es SORP, Make judgement and estimates that are the re8sonable and pNdent State whether applicable ac¥>)unbng policies standards have been follovrnl. subie¢t to any materHI departUTes disclosed and e>plained in the financial statements, Prepare the financial stslements on the gobng conc¢m basis unless rt 15 inapproprnts lo pmum that the charity will conts.nue in operation. The trustees are responsbi le for keeping proper ar￿unts'ng ￿e0rd$ that disdose with reasonabjg accuracy at any b.me the financial p05ib.on of the thanty and enable them lo ensure thal the firtan¢>al statements ￿Mpty with the Chant>es Act 1993 and Chanty (A￿QUAl$ and Reports} Regulabon$ 2008. The tru$tee$ are also responsib￿ for safeguarding the assels of th• thanty ar*d henee for lthng reasonab￿ 8lep5 for the prevenlion and detedion of fraud and other ryularilie*. Res•rv• A formal policy on re￿rye was ogreed at the monthty meeting of the executive co￿￿n￿l•• on Ihe 9 September 2012. The trustees have set a reserve policy which requires to be maintsined which en8urns that the Pakistsn Association Liverpool eore activities could eonlinue during a period of Unlore￿rt difficulty for at lea8tthree months. A proportion of res•rve¥ are maintsined in a readity reliable form. The ¢alculation of the required ￿Ve1 of re8eTve is an integral part of the Pakislan A580ciation's Lv4eTpooI planning. budget and finaneial cycle. MrAhm¢d Munir PresKlent 23 May 2024 &wirt( PAKISTAN A380CIATION . LNERPOOL INDEPENDEDNT EXAMINER'8 REPORT TO THE TRUSTEES OF PAKISTAN AS30CIATION- LIVERPOOL YEAR ENDED 31 MARCH 2024 I r•port on •e¢Mh c*•ffty for ￿ ￿•T •TrJ•d 31 M•rch 2024 wl out on p•g• S t¢ 11. RESPECTIVE RESPONS181LlnES OF TRUSTEES AJ40 IIIOEPENDEONT EXAMINER The chArtty'• trustets •rE rew1￿1￿• for ￿par•bon oftht account• The ehinty'• Iru•leu ¢oniKl•r Ih•l in 4udrt li T￿1 requlred for tre p￿parat￿m oftr* •ccount• Th• ¢h•ity'• Iru•lee• Cons￿er Ih•l In I￿￿+1 l• not rtquired lor y••r lurthr 43121 ol ih Ch•rlty Acl 1993 (The 1993 Act). li •mended by ￿¢ti0ft 28 olthe Chadlkn• Act 20C61 that an kknnt Q￿Minal￿ rd rn•d•d Exami￿ tr* •¢¢¢yJnts l uThJer 431311•l of Ihe 1993 Ad. a$ amend•dl, To lo11¢￿ th• proc•dure8 l•ld d¢)wn in ltre General Diredi¢*n• by the Ch4rity C¢)mmiMIM i urrfler 8•¢Von 4317llbl ofthe 1993 Acl. 4$ amended), Ind To *•t• w￿th•r p￿￿11T m•ttef¥ ¢4me to my •ltMtson. BASIS OF INDEPENDENT EXMIINER'S STATEMENT My exirninaiion was ¢amed o(rt In a¢¢o￿an¢e with the General Dirèctions gi￿rt by the Ch4rity Cornmi8•lon. An e￿MinI￿on indud•• a rewew of Ihè •e¢ountiNJ recordo kept by the thanty and 4 compari•on of tho a¢counts presented ￿th that re¢ordi. It al$0 Includes Conl￿erabOn of Iny unu8U41 Item$ or di8dosurM In Ihe Accounts, Ind tseekmg explanatitsn$ from you as trustee$ concerning any $u¢h m4tt¢r8. The procedures u￿lertaken do not pro￿d¥ 411 the eMd•nr* that woul¢J be ￿UIred In an •udil, and cons¢4uently I do not expTe81 an audit opinlon on whether Ihe •c¢ounts pre8•nl a Irue arKI fair INSDEPENDENT EXMINER'S REPORT In conn•ckn'on wth any examinallon, matter has com• lo my •tteth'on'. 11 Whi¢h 9ibv re•80nabl• Cau￿ ts b•llew that In any Mate￿41 re8ped tnJ8te# have m•1 th• 1•g￿rements to ensu￿ that.. proper ac¢ounliro reeordts are kepllin ac¢ordino with iection 41 of the Act). and Attounts a￿ prepared whi¢h agree wrth th¢ ac¢ounthng records and comply wrth th• a¢countJng requirement ol the ACT. ¢ 21 to W￿.ch, in my opinion. altention should ￿ drawn in order tts enabl• • proper underslandir¥J of the ae¢ount• lo be reached. Mr S Ullah Khan Ac¢ounlancy se￿￿$ Ltd 76r18. Smthdovm road 'verpool L7 4JQ Independent examlner 23 May 2024 PAKISTAN A880CIATION . LIVERPOOL 8TATEMENT OF FINANCIAL ACTMTIE8 YEAR ENDED 31 MARCH 2024 Fun 202 INCOMING RESOURCES Grnnts & subScnpl￿n R•fvThl 63.429 41.756 IOS.185 78,307 TOTAL IN¢OMINa RESOURCES 83,429 105 185 RESOURCES EXPENSES Cost tsl Furth•r8nc• ol Char ObJ•ctY•s & rn•n¥•m•ni of Chlrty 71.640 2.535 51.329 4.468 19.003 70.332 4.468 10 TOTAL RES¢)URCES EXPENSED 55.797 .003 4,800 MOVEMENTS 7.832 22,753 30.385 4,132 TOTAL FUNDS BffiORWARD 78.648 78.649 78,649 TOTAL FUNOS CFORWARO 86,281 22.753 109.034 82,781 Statorn*nt ef ffnlndal acbvths Indlths •119•111$ and loss•s In th• y••rond thor•fr)rn statym•nl of totsl r•cGynis•d 9gins and103305 haj nol be•n prepar•d ol lh• abov• amounts ￿•t•¥ to continuing PAK18TAN ASSOCIATION - LIVERPOOL INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2024 Note INCOME Grants & Subserfpuon R•fund TOTAL EXPENDITURE OPERATING {DEFICln 18URPLUS 105,185 78.307 74,8rJ) {DEFICIry SURPLUS FOR THE YEAR The-INCOME AND EXPENDITURE ACCOUNT, Includes all gains and losses In the year and therefore statement of total recognised gains and losses has not been prepared. All of the above amounts relates to conts'nuing activities PAK18TAN A880CIATION. LIVERPOOL BALANCE 8HEET YEAR ENDED 31 MARCH 2024 Not•¥ Flx•d iss•ts Tangibl• au•t• 41.035 Curr•nt aM•ts Pr•payment8 Cash ￿ bank - Aecounl 1 Ca8h al ￿nk- Aceount 2 20.193 49.973 70,168 81,460 Cr•dltOTS: amounts tslllnp du• wlthln on• y•ai I1.￿) (2.247) N•t ourr•nt •ss•ts 72,131 59,213 Total N•t •ss•ts 113,1 82.781 Pund• •IPorw•rd 82.781 78.Y• 4.132 Op•r*iino (Drf•l¢y8urplu• Mr Ahm•d Munlr j Pr••idont} PAK18TAN A880CIATION - LIVERPOOL NOTE8 TO THE FINANCIAL 8TATEMENT3 I ACCOUNnNQ POLICIEa B•*l* of prnp•r4thn The financial statement8 h•v* be•n pr•p•r•d und•r Ihe hl¥toneal c￿1 convention aThJ in a¢eoftl4rK• V4ith lh• Statement of Rècommended Prathc•. Accounting and Reporbng by Charrtk*$ ISORP 20051. Pplthble aecounknng 814ndafds and the Companra$ Act 2CQ6. T•ftgibk Flx•d A•4•ts AJI fixed assets are Initsalty recoTded at COSt Depre¢iatsn on reducir+g balance YEAR ENDED 31 MARCH 2024 Ineomlrw R•¥ourc•• Donaknons and Grants Income from donabon and grants. Induding capitsl grants, is induded in inccthing resources when Ihese are receivable. When donors impose condibons which have to be fulfilled before the chanty tecomes entiued to use such income, the Income is deferred and not included in incoming re50urce$ until ihe pre