```
REGISTERED CHARITY NUMBER: 1100194
```
```
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
```
## **`FOR`**
## **`HAZARA CHARITABLE TRUST`**
```
Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN
```
```
HAZARA CHARITABLE TRUST
```
## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024`**
||**`Page`**|**`Page`**|**`Page`**|
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`2`|
|**`Independent Examiner's Report`**||`3`||
|**`Statement of Financial Activities`**||`4`||
|**`Balance Sheet`**||`5`||
|**`Notes to the Financial Statements`**|`6`|`to`|`10`|
|**`Detailed Statement of Financial Activities`**||`11`||
```
HAZARA CHARITABLE TRUST
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024`**
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31March2024.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with
theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
The objectives and aims of the charity are as follows:
```
```
-toadvanceeducation,torelievepovertyandsicknessandpreserveandprotectgoodhealth among
Hazara people anywhere in the world.
```
```
-toadvancetheeducationofthepublicintheunderstandingandappreciationoftheHazaraarts and
culture.
```
```
-topromotethebenefitofthecommunityandinparticularbutnotexclusively,theHazaracommunity in
the UK.
```
## **`Grantmaking`**
```
Thecharityprovidesgrantfundingtoprojectsthatfallinsidethescopeofitscharitable objectives,
particularly projects that benefit Hazara communities.
```
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Charitable activities`**
```
SomeofMarefatSchoolteamwhomigratedtotheUSafterthecollapseofAfghanistantoTaliban in
2021,andtheirsupporterscreatedthe30-birdsfoundationintheUS.30-birdsfoundationwascreated to
fundandfacilitatetheevacuationandresettlementofthestudentsofMarefatSchoolfromAfghanistan to
Canada.AstheydidnothaveacharityintheUK,HazaraCharitableTrusthelpedthemasafiscal sponsor
intheUKtofacilitatetheirfundraisingwhiletheyweretryingtoestablishtheirowncharityintheUK. All
the funds raised for evacuation in the UK were transferred to 30-birds foundation in the US.
```
## **`FINANCIAL REVIEW`**
## **`Principal funding sources and Overview of the year`**
```
Theprimarysourceoffundsduringtheyearwasthereceiptofdonationsfromtheindividualswanting to
supporttheevacuationofMarefatSchoolstudentsandtheirfamiliesfromKabultoasafeplace. Total
donationsandgrantsreceived(inclusiveofgiftaid)were£127,095(2023:£105,024),of which
£126,975(2023:£103,944)werespecificallyfortheevacuationandresettlementofthesestudents and
their families.
```
```
Thefinancialresultsfortheyeararesetoutintheattachedaccounts.Theyshowasurplusof £105,862
fortheyear,comparedwithadeficitof£177,676fortheperiodended31March2023.Thetotal reserves
at 31 March 2024 were £173,601 compared with £67,739 at 31 March 2023.
```
```
Totalexpenditureduringtheyearwas£21,233(2023:£282,700)ofwhich£20,000wassenttofund the
evacuation of Marefat School students.
```
```
The Trust continued to raise funds for the establishment of a Community Centre for the Hazara people in
the UK. During the year £120 (2023: £1,080 ) was raised for this purpose.
```
## **`Reserves policy`**
```
ThepolicyoftheTrusteesistousetheincometosupportprojectsratherthanincreaseitsown funded
position.Thecharityretainsanamountofreserveswhichisconsideredsufficienttocoverany expected
general administration costs.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
HazaraCharitableTrustisanunincorporatedcharitygovernedbyitsconstitutiondated19July2002. It
was registered as a charity with the Charity Commission on 20 October 2003.
```
## **`Recruitment and appointment of new trustees`**
```
TheappointmentofnewTrusteesisbyinvitationandamajoritytrusteeagreement.Newtrusteeswill be
considered based upon their relevant skills, applicable to the charity's objectives.
```
```
Page 1
```
```
HAZARA CHARITABLE TRUST
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT Induction and training of new trustees`**
```
An informal training programme is provided to newly appointed trustees.
```
## **`Related parties`**
```
Thecharityhasnolinkwith"RelatedParties"asdefinedbytheStatementofRecommendedPractice and
has not combined with any other organisation in the pursuit of its charitable objectives.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`**
```
1100194
```
## **`Principal address`**
```
29 Mashiters Walk
Romford
Essex
RM1 4DA
```
## **`Trustees`**
```
S Haidary
T Ahmed
E Sekandary
K Ali
M A Ekhtiari
```
## **`Independent Examiner`**
```
Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN
```
## **`Bankers`**
```
National Westminster Bank Plc
27 High Road
Chadwell Heath
Romford
Essex
RM6 6QD
```
```
Approved by order of the board of trustees on 29 January 2025 and signed on its behalf by:
```
```
S Haidary - Trustee
```
```
Page 2
```
## **`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAZARA CHARITABLE TRUST`**
## **`Independent examiner's report to the trustees of Hazara Charitable Trust`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsofHazaraCharitableTrust(the Trust)
for the year ended 31 March 2024.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance
with the requirements of the Charities Act 2011 ('the Act').
```
```
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheAct and
incarryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharity Commission
under Section 145(5)(b) of the Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention in
connection with the examination giving me cause to believe that in any material respect:
```
`1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
```
```
Lee Blunden
```
```
Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN
```
```
29 January 2025
```
```
Page 3
```
## **`HAZARA CHARITABLE TRUST`**
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Charitable activities`
`2`
**`120`**
**`Charitable activities`**
`3`
`Core Activities`
**`-`**
**`Total`**
**`120`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Core Activities`
**`-`**
**`NET INCOME/(EXPENDITURE)`**
**`120`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`67,739`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`67,859`**|`Restricted`
`fund`
`£`
**`76,975`**
**`50,000`**
**`126,975`**
**`21,288`**
**`105,687`**
**`-`**
**`105,687`**|**`2024`**
**`Total`**
**`funds`**
**`£`**
**`77,095`**
**`50,000`**
**`127,095`**
**`21,288`**
**`105,807`**
**`67,739`**
**`173,546`**|`2023`
`Total`
`funds`
`£`
`95,024`
`10,000`
`105,024`
`282,700`
`(177,676)`
`245,415`
`67,739`|
|---|---|---|---|
```
The notes form part of these financial statements
```
```
Page 4
```
## **`HAZARA CHARITABLE TRUST`**
## **`BALANCE SHEET 31 MARCH 2024`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`CURRENT ASSETS`**
`Cash at bank`
**`67,859`**
**`CREDITORS`**
`Amounts falling due within one year`
`6`
**`-`**
**`NET CURRENT ASSETS`**
**`67,859`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`67,859`**
**`NET ASSETS`**
**`67,859`**
**`FUNDS`**
`7`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Restricted`
`fund`
`£`
**`109,000`**
**`(3,313)`**
**`105,687`**
**`105,687`**
**`105,687`**|**`2024`**
**`Total`**
**`funds`**
**`£`**
**`176,859`**
**`(3,313)`**
**`173,546`**
**`173,546`**
**`173,546`**
**`67,859`**
**`105,687`**
**`173,546`**|`2023`
`Total`
`funds`
`£`
`69,779`
`(2,040)`
`67,739`
`67,739`
`67,739`
`67,739`
`-`
`67,739`|
|---|---|---|---|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
29 January 2025 and were signed on its behalf by:
```
```
S Haidary - Trustee
```
```
T Ahmed - Trustee
```
```
The notes form part of these financial statements
```
```
Page 5
```
```
HAZARA CHARITABLE TRUST
```
## **`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024`**
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements
have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
```
```
GrantsreceivablearerecognisedintheStatementofFinancialActivities(SoFA)intheyear in
whichtheyarereceivable.IncomeisdeferredonlywhentheCharityhastofulfil conditions
becomingentitledtoitorwherethedonorhasspecifiedthattheincomeistobeexpendedin a
future period.
```
```
IncometaxrecoverableinrelationtodonationsreceivedunderGiftAidordeedsofcovenant is
recognised at the time of the donation.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
```
```
Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedas a
commitment but not accrued as expenditure.
```
## **`Taxation`**
```
Asacharity,HazaraCharitableTrustisexemptfromtaxonincomeandgainsfallingwithin section
505oftheTaxesAct1988ors256oftheTaxationofChargeableGainsAct1992totheextent that
these are applied to its charitable objects. No tax charges have arisen in the Charity.
```
## **`Fund accounting`**
```
Unrestrictedfundsareavailableforuseatthediscretionofthetrusteesinfurtheranceof the
General objectives of the charity.
```
```
Restrictedfundsaresubjectedtorestrictionsontheirexpenditureimposedbythedonor or
through the terms of an appeal.
```
## **`2. CHARITABLE ACTIVITIES`**
|`Donations`
`Gift aid`|**`2024`**
**`£`**
**`71,916`**
**`5,179`**
**`77,095`**|`2023`
`£`
`91,307`
`3,717`|
|---|---|---|
|||`95,024`|
```
continued...
```
```
Page 6
```
```
HAZARA CHARITABLE TRUST
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024`**
## **`3. INCOME FROM CHARITABLE ACTIVITIES`**
|`Activity`
`Grants`
`Core Activities`
`Grants received, included in the above, are as follows:`
`CHK Foundation`
`The Rothschild Foundation`|**`2024`**
**`£`**
**`50,000`**
**`2024`**
**`£`**
**`10,000`**
**`40,000`**
**`50,000`**|`2023`
`£`
`10,000`|
|---|---|---|
|||`2023`
`£`
`10,000`
`-`|
|||`10,000`|
## **`4. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenoremunerationorotherbenefitspaidtothetrusteesfortheyearended31 March
2024 nor for the period ended 31 March 2023..
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31March2024norfortheyear ended
31 March 2023.
```
## **`5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Charitable activities`
`1,080`
**`Charitable activities`**
`Core Activities`
`-`
**`Total`**
`1,080`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Core Activities`
`-`
**`NET INCOME/(EXPENDITURE)`**
`1,080`
**`Transfers between funds`**
`(657)`
**`Net movement in funds`**
`423`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`67,316`
**`TOTAL FUNDS CARRIED FORWARD`**
`67,739`|`Restricted`
`fund`
`£`
`93,944`
`10,000`
`103,944`
`282,700`
`(178,756)`
`657`
`(178,099)`
`178,099`
`-`|`Total`
`funds`
`£`
`95,024`
`10,000`
`105,024`
`282,700`
`(177,676)`
`-`
`(177,676)`
`245,415`
`67,739`|
|---|---|---|
```
continued...
```
```
Page 7
```
```
HAZARA CHARITABLE TRUST
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024`**
## **`6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
||**`2024`**|`2023`|
|---|---|---|
||**`£`**|`£`|
|`Accrued expenses`|**`3,313`**|`2,040`|
## **`7. MOVEMENT IN FUNDS`**
|`At 1.4.23`
`£`
**`Unrestricted funds`**
`General fund`
**`1,214`**
`Community Centre fund`
**`66,525`**
**`67,739`**
**`Restricted funds`**
`Marefat High School fund`
**`-`**
**`TOTAL FUNDS`**
**`67,739`**
`Net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`Community Centre fund`
**`120`**
**`Restricted funds`**
`Marefat High School fund`
**`126,975`**
**`TOTAL FUNDS`**
**`127,095`**
**`Comparatives for movement in funds`**
`Net`
`movement`
`At 1.4.22`
`in funds`
`£`
`£`
**`Unrestricted funds`**
`General fund`
`1,214`
`-`
`Community Centre fund`
`66,102`
`1,080`
`67,316`
`1,080`
**`Restricted funds`**
`Marefat High School fund`
`178,099`
`(178,756)`
**`TOTAL FUNDS`**
`245,415`
`(177,676)`||`Net`
`movement`
`in funds`
`£`
**`-`**
**`120`**
**`120`**
**`105,687`**
**`105,807`**
`Resources`
`expended`
`£`
**`-`**
**`(21,288)`**
**`(21,288)`**
`Transfers`
`between`
`funds`
`£`
`-`
`(657)`
`(657)`
`657`
`-`||`At`
`31.3.24`
`£`
**`1,214`**
**`66,645`**
**`67,859`**
**`105,687`**
**`173,546`**
`Movement`
`in funds`
`£`
**`120`**
**`105,687`**
**`105,807`**
`At`
`31.3.23`
`£`
`1,214`
`66,525`
`67,739`
`-`
`67,739`|
|---|---|---|---|---|
||||||
||||||
||||||
||||||
||||||
```
continued...
```
```
Page 8
```
```
HAZARA CHARITABLE TRUST
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024`**
## **`7. MOVEMENT IN FUNDS - continued`**
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`Community Centre fund`
**`Restricted funds`**
`Marefat High School fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`1,080`
`103,944`
`105,024`|`Resources`
`expended`
`£`
`-`
`(282,700)`
`(282,700)`|`Movement`
`in funds`
`£`
`1,080`
`(178,756)`
`(177,676)`|
|---|---|---|---|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
`Community Centre fund`
**`Restricted funds`**
`Marefat High School fund`
**`TOTAL FUNDS`**|`At 1.4.22`
`£`
`1,214`
`66,102`
`67,316`
`178,099`
`245,415`|`Net`
`movement`
`in funds`
`£`
`-`
`1,200`
`1,200`
`(73,069)`
`(71,869)`|`Transfers`
`between`
`funds`
`£`
`-`
`(657)`
`(657)`
`657`
`-`|`At`
`31.3.24`
`£`
`1,214`
`66,645`|
|---|---|---|---|---|
|||||`67,859`
`105,687`|
|||||`173,546`|
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
```
|**`Unrestricted funds`**
`Community Centre fund`
**`Restricted funds`**
`Marefat High School fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`1,200`
`230,919`
`232,119`|`Resources`
`expended`
`£`
`-`
`(303,988)`
`(303,988)`|`Movement`
`in funds`
`£`
`1,200`
`(73,069)`
`(71,869)`|
|---|---|---|---|
## **`Marefat High School fund`**
```
ThisfundhasbeencreatedforthebenefitofMarefatHighSchool,Afghanistan.Income attributed
tothisfundconstitutesfundraisingreceiptswheretheappealwasspecificallyforthis purpose.
Expenditureattributedtothisfundconstitutesthecostsoffundraising,grantfundingpaidto the
school as well as any other administration and governance costs directly incurred for this purpose.
```
## **`Community Centre fund`**
```
ThisfundhasbeencreatedforthepurposeofsettingupacommunitycentreintheUKfor the
benefitoftheHazaracommunity.Incomeattributedtothisfundconstitutesdonationswhich the
trusteeshavedesignatedforthispurpose.Expenditureattributedtothisfundconstitutes the
costsoffundraisingaswellasanyotheradministrationandgovernancecostsdirectlyincurred for
this purpose.
```
```
continued...
```
```
Page 9
```
```
HAZARA CHARITABLE TRUST
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024`**
## **`8. RELATED PARTY DISCLOSURES`**
```
Therewerenorelatedpartytransactionsfortheyearended31March2024,norwerethereany for
the year ended 31 March 2023.
```
```
Page 10
```
```
HAZARA CHARITABLE TRUST
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024`**
|**`FOR THE YEAR ENDED`**|**`31 MARCH 2024`**||
|---|---|---|
||`2024`|`2023`|
||`£`|`£`|
|**`INCOME AND ENDOWMENTS`**|||
|**`Charitable activities`**|||
|`Donations`|**`71,916`**|`91,307`|
|`Gift aid`|**`5,179`**|`3,717`|
||**`77,095`**|`95,024`|
|**`Charitable activities`**|||
|`Grants`|**`50,000`**|`10,000`|
|**`Total incoming resources`**|**`127,095`**|`105,024`|
|**`EXPENDITURE`**|||
|**`Charitable activities`**|||
|`Grants to institutions`|**`20,000`**|`280,000`|
|**`Support costs`**|||
|**`Finance`**|||
|`Bank charges`|**`15`**|`120`|
|**`Governance costs`**|||
|`Accountancy and legal fees`|**`1,273`**|`2,580`|
|`Total resources expended`|**`21,288`**|`282,700`|
|**`Net income/(expenditure)`**|**`105,807`**|`(177,676)`|
```
This page does not form part of the statutory financial statements
```
```
Page 11
```