## **Trustees’ Annual Report for the period** **From 01/08/21 Period start date To31/07/22 Period end date** **Charity name: Savayra Foundation UK** **Charity registration number: 1101220** ## **Objectives and Activities** **----- Start of picture text -----**
SORP reference
Summary of the purposes Para 1.17 Poverty relief
of the charity as set out Education of orphan girls and
in its governing destitute women
document
Summary of the main Para 1.17 and Provision of training at Savayra
1.19
activities in relation to Skill Centre for the education of
those purposes for the women and girls to enable them to
public benefit, in acquire the skills to earn a living
particular, the activities, and thus alleviate poverty.
projects or services Support for emergency healthcare
identified in the for poor and destitute women
accounts. Income support program via
Rickshaw provision
Statement confirming Para 1.18 Skills, resource and support to
whether the trustees alleviate poverty as per the
have had regard to the objectives of the charity and
guidance issued by the guidance on public benefit
Charity Commission on
public benefit
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## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** **----- Start of picture text -----**
SORP reference
The Savayra Centre has expanded
its provision during this period.
We established a women’s IT Lab
Summary of the main at the centre with free IT training
Para 1.20
achievements of the now being offered. This has been
charity, identifying the an important move to offer a more
difference the charity’s broad based and upto date
work has made to the provision of skills at the centre.
circumstances of its The charity shop is now
beneficiaries and any operational and has started to
wider benefits to society produce an income. We have
as a whole. introduced the concept of “pre
loved” garments which are both
sold at the charity shop to provide
an income for the centre and some
garments are donated to destitute
women
The centre has streamlined the
work of the charity and has
enabled us to deliver a more
effective and secure offering for
destitute women in rural Punjab
and has provided better facilities
and work environment for the
beneficiaries.
The Rickshaw program continues
to be a success.
The charity continues to establish
a culture of gender equality and
support for womens empowerment
work in a rural environment.
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## **Additional information (optional)** You may choose to include further statements where relevant about: **----- Start of picture text -----**
To expand the range of skills
training offered at the centre and
Achievements against to ensure the skills are relevant to
objectives set today’s job market.
The establishment of the IT Lab
means this objective was
achieved.
Fundraising targets were revised
due to the harsher climate in the
Performance of UK bur specific project targets
fundraising activities were set and met( IT Lab)
against objectives set The charity however despite
additional capital spend this year
continues to maintain reserves as
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**agreed by trustees. N/a** Investment performance against objectives Other ## **Financial Review** **----- Start of picture text -----**
Review of the charity’s Para 1.21 Fundraising was assisted by
financial position at the raising funds for specific capital
end of the period investment for IT Lab
Statement explaining the Para 1.22 The trustees have agreed to hold
policy for holding 18months of running costs as
reserves stating why they reserves and this target is
are held currently being exceeded
Amount of reserves held Para 1.22 20 months
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially Para 1.24 N/A
in deficit
Explanation of any Para 1.23 N/A
uncertainties about the
charity continuing as a
going concern
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## **Additional information (optional)** **----- Start of picture text -----**
You may choose to include further statements where relevant about:
The principal source of funds
remain friends, family and
The charity’s principal personal networks of the trustees.
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A harsher economic situation in
the UK proved more difficult to
A description of the Para 1.46 raise general running costs but
principal risks facing the reserves remain strong.
charity
Other
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## **Structure, Governance and Management** **----- Start of picture text -----**
Description of charity’s
trusts:
Type of governing Para 1.25 Trust Deed
document
(trust deed, royal
charter)
How is the charity Para 1.25 Trust
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Appointment by other trustees as
methods including details per trust document
of any constitutional
provisions e.g. election to
post or name of any
person or body entitled
to appoint one or more
trustees
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## **Additional information (optional)** **----- Start of picture text -----**
You may choose to include further statements where relevant about:
The charity is seeking to appoint
new trustees in the coming year.
Policies and procedures All current trustees made aware of
adopted for the induction Para 1.51 and advised to familiarise
and training of trustees themselves with on-going
guidance, training and support
information provided by the
Charities Commission
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
The charity had started
discussions with local NGOs and
Relationship with any Para 1.51 charities working in the same
related parties geographical area with a view to
offering up space at the centre for
joint / partnership working. These
discussions are ongoing and no
specific agreements have been
reached.
Other
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## **Reference and Administrative details** Charity name Savayra Foundation UK Other name the charity **----- Start of picture text -----**
uses
Registered charity 1101220
number
Charity’s principal 47 Trueman Avenue
address Heckmondwike
West Yorkshire
WF16 9JY
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## **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Javed Iqbal Chairman
2 Tanzeel Qureshi
Mohammed Treasurer
3
Waheed
4 Tabasum Aslam
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **----- Start of picture text -----**
Trustee name Dates acted if not for whole
year
**----- End of picture text -----**
## **Funds held as custodian trustees on behalf of others** Description of the assets N/A held in this capacity Name and objects of the N/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements N/a for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Javed Iqbal **Position (eg** Chairman **Secretary, Chair, etc)** **Date** 03042023 ## **SAVAYRA FOUNDATION UK** RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDING 31ST JULY 2022 |**RECEIPTS**
Donations - UK
Donations - Pak
Fundraising Event
Gift Aid/Bank Interest
Ambulance Remittance
Shop/Training Centre Income
**PAYMENTS**
Zakat/Reward Scheme
Hall Booking (Function) Pakistan
Printing, Sta. & Post
Material for skill Centre
New Building Project
Food Distribution Project
Skill Centre Running Costs
Salaries Skill Centre
Utilities
Travel Expense
Office Running Costs
Rent & Rates
Repair & Maintenance
Miscellaneous Expenses
Exchange Rate Difference
Bank Charges
**Surplus/Deficit**|**£'s**
4561.0
0
23395.
00
530.55
3061.4
5
5209.0
0
0.00
235.00
4249.0
0
0.00
2525.0
0
2969.0
0
10204.
00
775.00
2006.0
0
136.00
26.00
644.00
0.00
24.00
35.00|**£'s**
**31548.00**
**29037.00**
**2511.00**| |---|---|---| ## **SAVAYRA FOUNDATION UK** STATEMENT OF ASSETS & LIABILITIES AS AT 31ST JULY 2022 |**ANALYSIS OF FUNDS**
**Unrestricted Funds**
Balance brought forward
Receipts
Payments
Balance carried forward
**Restricted Funds**
Balance brought forward
Receipts
Payments (Direct Computer Payment)
Balance carried forward
**TOTAL FUNDS**
FIXED ASSETS
Ambulance
Depreciation @ 25%
NET ASSET VALUE
CURRENT ASSETS
Cash in Bank - UK
Cash in Bank/Hand - Pakistan
NET ASSET VALUE|**£'s**
49897.00
31548.00
(34037.00)
**47408.00**
15152.00
(15152.00)
**0.00**
**47408.00**
2686.76
(671.69)
**2015.07**
46184.00
1224.00
**47408.00**| |---|---| ## **SAVAYRA FOUNDATION UK** UK BANK ACCOUNT AS AT 31ST JULY 2022 |PAYMENT TYPE
Direct Debits
Gift Aid/Bank Interest
Bank Deposits & Transfers|**£'s**
4561.00
0.00
23395.00
**27956.00**| |---|---| |**RECONCILIATION**
Opening Balance
Receipts
Transfers from Saving A/C
Payments
Transfers to Saving A/C
Closing Balance
As per Bank Statement 70046477
As per Bank Statement 93366308|Ac-
count
No.
Account No.
700464
77
93366308**Total**
38065.
00
5029.00
43094.00
27956.
00
27956.00
5029.0
0
(5029.00)
0.00
(24866
.00)
(24866.00)
**46184.**
**00**
**0.00**
**46184.00**
46184.00
0.00
**46184.00**| |---|---| ||| Independent Examlner's Report to the Trusloes of Savayra Foundatlon UK I report lo the chafily Iruslees on my examinalion of the accounts of the charity for the year ended 31 July 2022. Responsibilities and basls of report A5 the chanty's Iruslees you a￿ respon5ib1e Iw the preparat￿n of the aC￿UnIS in ac¢ordance th the requirements of the Charilies Ad 20111'ihe Acl'l. I ￿port in resFecl ofmyexaminalion ofthe charity's accounls carried out under section 145 of IheAct and rn carrying oulmy examination I have followed all the applicable DIrect￿nS given tylhecharity Commission urKler sect￿￿ 14515llbl of the Act. Independent examiner's statement I have completed my examination. I Confi￿ thal no material matters have come lo my attention in conneclion with the examinalion giwng me cause to believe that in any material respect: accounting records were nol kept in Trspect of the charity as required by se¢tion 130 of IheAct.' or the accounts do not accord with IhoseTecords I.. or the accounts do not compty wrth the applicable requirements conceming Ihe form and content of accoun15 set out in the Char51ies (Accounts and Reports) Regulations 2008 other than any requirement Ihat Ihe accounts gNe a Irue and fair wew, which is not a matter considered as part of an independent examinatb)nJ'. I have no concerns and have Come across rn other rnatters in connecthryn with the examination lo which alienl*Jn. should be drawn in this re[￿rt in ￿der to enable a woper understsnding ol the aecounts to be reached. Talq Hablb. MIP. A.C.MA CIMA Bay Hall Miln Road Birkby Huddersf￿Id HD15EJ Oated.. 22 March 2023 Smart Accounts & Tax Bay Hall Miln Road Birfvby Huddersliold HD 15EJ cs Camscanner