## **Trustees’ Annual Report for the period**
**From 01/08/22 Period start date To 31/07/23 Period end date**
**Charity name: Savayra Foundation UK**
**Charity registration number: 1101220**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Poverty relief**
**Education of orphan girls and destitute**
**women**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**Provision of training at Savayra Skill**
**Centre for the education of women and**
**girls to enable them to acquire the skills**
**to earn a living and thus alleviate poverty.**
**Support for emergency healthcare for**
**poor and destitute women**
**Income support program via Rickshaw**
**provision**
**Distribution of Ramadhan Food Parcels**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Skills, resource and support to alleviate**
**poverty as per the objectives of the**
**charity and guidance on public benefit**|
## **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**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The Savayra Centre has once again**
**expanded its provision during this**
**period.**
**We established a hair and beauty training**
**facility and income support progremme**
**Women and girls were offered training**
**programs to establish a hair and beauty**
**salon at the Savyra centre.**
**The charity invested in the infrastructure**
**to establish a hair and beauty salon**
**which now provides a regular income for**
**local women and girls.**
**The IT lab continues to be a success with**
**additional training provided for the**
**trainer enabling a broader provision of IT**
**courses.**
**We continue to invest in the centre**
**including introducing green measures**
**around waste disposal and will invest in**
**solar power in the next accounting**
**period.**
**The Rickshaw program has been**
**reevaluated and continues to provide a**
**source of income to some of the most**
**needy families.**
**The charity continues to establish a**
**culture of gender equality and support for**
**womens empowerment work in a rural**
**environment.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set||**To expand the range of skills training**
**offered at the centre and to ensure the**
**skills are relevant to today’s job market.**
**The establishment of the hair and beauty**
**salon and training centre means this**
**objective was achieved.**|
|---|---|---|
|Performance of fundraising
activities against objectives
set||**Fundraising targets were exceeded due**
**to specific and targeted fundraising for**
**the hair and beauty salon project.**
**Despite capital investment and spend the**
**charity continues to maintain reserves as**
**agreed by trustees.**|
|Investment performance
against objectives||**N/a**|
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**Fundraising was assisted by raising**
**funds for specific capital investment for**
**hair and beauty salon and training**
**facilities**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**The trustees have agreed to hold**
**18months of running costs as reserves**
**and this target is currently being**
**exceeded**|
|Amount of reserves held|Para 1.22|**24 months**|
|Reasons for holding zero
reserves|Para 1.22|**N/A**|
|Details of fund materially in
deficit|Para 1.24|**N/A**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**The principal source of funds remain**
**friends, family and personal networks of**
**the trustees.**|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**To test capital spend against job creation**
**and ensure long term financial**
**sustainability for the centre.**
**To consider investments that protect the**
**environment and provide costs savings.**|
|A description of the principal
risks facing the charity|Para 1.46|**Pool of donors still remains relatively**
**small and to focus on extending this.**|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust Deed**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Trust**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Appointment by other trustees as per**
**trust document**|
|**Additional information (optional)**
You may choose to include further statements||where relevant about:|
|Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|**All trustees advised and signposted to**
**make use of Charity Commission**
**circulars and advice**|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51|**The charity had continued discussions**
**with local NGOs and charities working in**
**the same geographical area with a view**
**to offering up space at the centre for joint**
**/ partnership working. These discussions**
**have not come to fruition at this stage.**|
|Other|||
## **Reference and Administrative details**
|Charity name|Savayra Foundation UK|
|---|---|
|Other name the charity uses||
|Registered charity number|1101220|
|Charity’s principal address|47 Trueman Avenue
Heckmondwike
West Yorkshire
WF16 9JY|
|||
## **Names of the charity trustees who manage the charity**
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2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Javed Iqbal|Chairman|||
||Tanzeel Qureshi||||
||Mohammed
Waheed|Treasurer|||
||Tabasum Aslam||||
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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
**Trustee name Dates acted if not for whole year**
## **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 for N/a 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)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|||
|---|---|---|
||Javed Iqbal||
||
Chairman||
||03042023||
||03042023||
## **SAVAYRA FOUNDATION UK** RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDING 31ST JULY 2023
|**RECEIPTS**
Donations
Fundraising Event
Gift Aid/Bank Interest
Other Income
**PAYMENTS**
Zakat/Reward Scheme
Hall Booking (Function) Pakistan
Printing, Sta. & Post
Material for skill Centre
Saloon 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**
59386.00
0.00
0.00
0.00
5447.00
265.00
1989.00
2352.00
2500.00
1758.00
4666.00
8590.00
976.00
2480.00
2040.00
7.00
4008.00
197.00
114.00
158.00|**£'s**
**59386.00**|
|---|---|---|
|||**37547.00**|
||||
|||**21839.00**|
## **SAVAYRA FOUNDATION UK** STATEMENT OF ASSETS & LIABILITIES AS AT 31ST JULY 2023
|**ANALYSIS OF FUNDS**
**Unrestricted Funds**
Balance brought forward
Receipts
Payments
Balance carried forward
**Restricted Funds**
Balance brought forward
Receipts
Payments (Saloon 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**
47408.00
59386.00
(37547.00)|
|---|---|
||**69247.00**|
||0.00
(12272.00)|
||**(12272.00)**|
|||
||**56975.00**|
||2015.07
(503.77)|
||**1511.30**|
||51157.00
5818.00|
||**56975.00**|
## **SAVAYRA FOUNDATION UK** UK BANK ACCOUNT AS AT 31ST JULY 2023
## **£'s**
|PAYMENT TYPE
Direct Debits
Gift Aid/Bank Interest
Bank Deposits & Transfers
**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|Account No.
70046477
46184.00
59386.00
(54413.00)|5521.00
0.00
53865.00|**Total**
46184.00
59386.00
0.00
(54413.00)|
|---|---|---|---|
|||**59386.00**||
|||Account No.
93366308||
||**51157.00**|**0.00**|**51157.00**|
||||51157.00
0.00|
||||**51157.00**|
## **Independent Examiner's Report to the Trustees of Savayra Foundation UK**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 July 2023.
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (’the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention 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 charity 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] ‘.
I have no concerns and have come across no other matters in connection with the examination to which attention.
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
………………………………………………
## **Taiq Habib, MiP, A.C.M.A CIMA**
Bay Hall Miln Road Birkby Huddersfield HD1 5EJ
Dated: 05 Feb 2024