Charity Registration No 1106573 MUSTAQBILL FOUNDATION FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2022 MUSTAQBILL FOUMDATION ANNUAL ACCOUNTS for year ended 30 JUNE 2022 Charity Inf0m￿￿on Tw8lee's Annual rewt statement of TruBtee'J ResFonsit4llbgB Independont E¥amln*8 feP)rt Stsl8m8nl of Financia Ac*Mt Sumrnary Incorno and Eynditu Bglgnco Sh8ét Noty8 &10 3NuTr22 TRUSTEES Ur SyÈd ￿1 Naqi Atsho￿ Ltsjhi ManMn¢Jer Kaur MaryJaret Lerton Magi8trale REGISTERED NUMBER 1 IC6S73 DATE OF TURST DEED REGISTERED ADDRESS Fumr¥al Sthgh Berk3FMTe SL2 1DH INDEPENDÉNT ÉXAMINÈR ABDUL KAYANI CHARTERED ACCOUNTAAT FIRST ACCOUNTANCY SERVICES LTD 28A STOKE POGES ￿E SLOUGH SL1 3PQ BANKERS METRO BANK ONE SOUTHAMPTON RIY¥V LONDON WC1BSHA Iii"Fr.4QBILL FOI)D,ITIO TRUSTEES ANNUAL REPORT Thè truste88 present their report and accoLrts too8therwith ts lwrthnt 8xamlnef8 rewl for thè year ended 30 JUNE 2022 Tru8ts¢$ The twstses ofthe charity who Se￿d 1hr￿th the JE8rwe 85 fc*M.' 3fyJun-21 Mr Syed Ati Naqi Nazar Lodhi Manitnder Kaur Margaret Lenton Magistrate ApFointsmenl ol trustees is govemed by the cunynt Memwdndum ofAswiabM. dated 16 June XQ4. A new Tru8ree may be app￿nted and and e￿$b"n9 Trustee may be dLrycharged by re8olution of the Tru$l¢è$ The Iru8ts88 rdy on the h8lp and ￿ of 8om&*•Nr￿TrtOWI pro￿ regLts 8UFWt and services Iiyward t1￿ ch8riVs govern9￿e in¢knJing co18dK￿ o1dcfflati￿S & ￿8MMent Grants CotMti￿I10n, ObJKts and PollGI•• The main objective8 01 the charity are l. The reisef of poveity 2. The advancement o18ducth.on 3 Th* ¢du¢ation of peofv ol diff•rent fd•glw8 f*th to apweciate fAL* otherf¥ thsbndNe belerfo ond pradice8 and their ComMc￿ grourKJ8. 4. Such other charbtable PUfPOBe8 ès the trV$t¢￿ shall tirne lo thn• think fiL Ni each ¢08e for th8 benefit of IndMdua18 living In lx den.wng from Souy) E88tA8ia. Actfvlll•• and Achl•¥•m•b)ts The Charity organYe8 mullrfath me•lkngs to womote cc4nnyJrty to haM￿neY In th8 w*Jor Bociety, a180 org￿1$• muthth 8ominar8 to provxles gener81 SUFWI 8ThJ to tho communty. W8 8130 oragnise mukn'faith &ptsrtB acitsvit88 ￿ng generaiKJ Regular 8ommars hek1 to di$c(w fem8b heatth issues & to redLKe i10*b￿ ts ehjéty Pth)pkn8. Inveslrngnt Powern The trust de&J 8uthorkg$ th8 Trust88s to Bell, ￿¥$6 ty exchon99 laTrJ and t￿Ik11ft98 acqulrad fc* the purpo8e8 ol the Chanty but whK* $ubwuenty bec¢Th unsuitat4e for purp08es rt $110 au#￿￿28 the tnjslges to plac8 mcffl¢es C￿ derA761t. Fi18n¢ial revtr* Tho Charity continues to rÉe*vè r8gu18r donatiorL8 frtyn k¢al CLvnmunity & Grnnts from Lot41 Coundl. The net income from conbnuiThJ opwabon of Ihe Ch8nty aftw d8ductirNJ eyrklrtures, amounted to £2,93112022) The present levd of fvndirrfJ is adequate to S(wc#t the conts"rwallon ofth8 the loreseeable fvture and ltr￿ trustees consider financial posrfkm) ollhe Charity to be sallsf During th• year the trust has noi acquired any propewty. reportwas approved aTrJ signed by th• tru81869 c MUSTAQBILL FOUNDATION STATEMENT OF THE TRUSTEES REsIx￿181LrnES We are re8ponsible a8 trustees to wepafe ￿COUnts e￿kn ￿anC￿l yoar which gNe a true aTr fair view of the stale of affairs of the Charity and ol ts itxoming resources and applica1￿ lor resource6 for th8 year. In yeparing thèse accounts we shwld folN best ￿￿Ce arKI". . M8k8 judgments and ostim#ts$ that ar• WKI . Prepa￿ actr￿n1 en WIVJ corKem b8818 unl8s8 rt to pre8um8 thai the Charny ￿11 In ￿etenCe. We 8r& also res[￿nSIb￿ for . k8•ping prcper p£wJnts"ryJ rnC￿￿.. saf8gtsardiThJ the Chorft¢s 8888t8' S19￿ ty the b)8fd. ,/ Mr Af6he•n Lodhi 31M8rch 2023 INDEPENDENT EXAMIMEn REPORT Indepondent ex*mln•f• r•portto ly￿￿0% of IIUSTAQBLL FOUNDATION. I r•wrt on acLount8 01 the charity forlhè 30 JUNE 2022. wtlch sot ¢xrt ￿ pag 5t010 R•spgcdv• I￿pOnsIbIlItI￿ ot tr￿*4•5 and •xamlnof The ehariW$ bwBt•4É gr• r9gpDnÉI￿ for thé prepara￿n of ts gf£cAJntg The chan￿s twstees con8i(ler that an audrt is not reqLNred for thi3 year urthr aact￿ 144121 of the Chan￿6 Act 2011 (the 2011 Act) and that an indeperthrt examln8b.on is ne￿. It Is my r￿ponsIbl￿ty to examine the 8Q￿Unt uThJer sec*"on 145 of the 2011 Act to lolkyA* the procedurgs lartl dcNm general dweclioN ty tha Chanty Commi88ion unoer 88etion 14515llbl ofthg 2011 Ad." aThJ to stats whether p8rWtar mattern have come to my attenkn. Ba•1• of Ind•p•nd¢nt examlMrf• ¥t•t•m•nt My •xamination ramed ybng by Choritwd" 1.2 Tanglblg fixgd a88•ts for u80 by 1ho Ch•rlty and d•wKl•ll Tanglbk fixed assets ty the Chanty we statsd 88 ctht le88 Dèprnaats"on 18 prowded al rat•S C8lcJJlateil to wnl¢ off the cc6t (* v8luth.on ol aisots Less elr 88ts"m8ted r8wdu81 value, the exF¢ctsd us•fvl live6 oftt* fdw.ng basil Computer Equiprw)ts 1.3 Incomlng R••ourc•• The ChariV8 main incomè 18 from vcAuntAry de￿tiOn9 wlmch ¥9 %f>>JnbJ ts as by Charity & Govemmenl Grants rgceivtd by ts Clwty dunrKJ tho fi￿￿jaI 1.4 Volu& Added T•x Value aL*Yeol tsK16 not r•cOV•rab￿ by Ihè ChAIIty. •nd ol r4 *Klud•d in Iha rn￿*￿t eoit In the Stst8m8nt of Flnanchal Activit￿8 1A Gov•man¢• Co•ts The48 C06ts rolate to msnag•mant and •dministr8t*)n ofthe Chanty to 811 eyndilure rKrt direcuy related to the charitab¢e acm or fvJndr8181ng tlerthres 1.0 Chavltatsl• a¢llvlty CO•t• These relate lo all costs in¢urred in ttj lh8 tumry Costs of ts Ch8rWs main a￿l¥rtY Is to provlde fadlts8 rellgKw$ educa1￿. The cthlj also Ind￿je donation or or•nt8 to in8tstutyon or in¢*vNJu*8 for r81￿1 Irom Other nee 1.7 Accounung for s•parnts lund• A11 itxome and eX￿nditure is allo¢•ted to th• unr••bictod frJnd• thw• •r• rn8trictio 8PPty to use of inconxg or caytsl of both in wfKh c￿* il IS olhx*bJ to restrKtha irwme funds or endowment Icapitstl furKI as apwom. MUSTAQBILL FOUNDATION Notes lo the *)xyJnts fc¥the ended ￿ JUNE 2022 2: Incomlng Re¥ource 2022 Incomlng regourcm lyom gan•ratod fund* Unr••b4¢t•d In¢om•'. Lo¢al Govemmenl Grants 27.41S 3: Charlty runnlng cmts Staff Cosl1$ge not¥ 61 Pur¢h89ing for F¢x4J Other Admin ExFen8es Motor & Travel C￿1 Computer Expense8 Consuttoncy feg Adert13ing & PR Sundry Expen888 1,530 2,770 822 9,186 Dmlgnatsd lund•: Donolion to other Charlty Grants lo IndNhJua 22,388 Endowm•nt Fund•: D8pr8calw of fNed a8sets 613 conducts'ng rdlgloui •¢u¢ation rJ88se8 4: Gowrnanc• co•ts 2022 Prfntlng, P06ts99 tel¢phon* and Stab'ongry Legal & Profe8Stn81198 838 5:N•t mov•m•nts In fund• lorth• y••r 2022 DepreoaDon Oftsnglb￿ fixed asset (ylmed by the Ch8(1ty 813 613 8: 8tsff c￿18 2022 Volunteer siaff Expenses Staff Nab'onal Insurance Costs Average number of slaff empk)yed in y¢ar MUSTAQBILL FOUNDATION Notss to the acccyjnts ￿ the erthd 30 JUNE 2022 7:Tanglbl• fix•d a*￿ts Property. Plant & Equlpm•nt T¢)tsl Co8ts At 1 July 2021 Add￿"On At 30 JUNE 2022 D•prn¢lallon At 30 June 2021 chwge for the year At 30 JUME 2D22 N•t book value At 30 JUNE 2022 613 613 At 30 ju￿ 2021 8: D•btor• 2022 2021 Other Debtors 972 972 g: Cr•dllOrn.' Amount l¥lllng du• wlth In on• y• 2022 2021 Other CredrtCrfB 795 795 6L>J 10