MIDLAND INTERNATIONAL AID TRUST UK FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st JULY 2024 REGISTERED CHARITY NO . 1110634
MIDLAND INTERNATIONAL AID TRUST IUKI 37 Moor5ide Gardens Walsall INest Midlands INS2 8SY Registered Charity No.. 1110634 CONTENTS Pa 341 Report of the Trustees si Statement of the Trustee's Responsibility 61 Independent Examlnars Report 71 Statement of Financial Activities Balance Sheet 9.101 Notes to the Accounts
MIDLAND INTERNATIONAL AID TRUST IUKI REPORT OF THE TRUSTEES The Trustees present their report along with the financial statements ol the charity for the year ended 31 sl July 2024 Chairman and Chief Executive Professor Abdul Rashid Galrad IOBEI Consultant Paedialri¢ian al the Manor Hospital. Honorary Senior Lecturer al the University ol Birmingham, Honorary Professor at University of Kenlucky anL% also Professor 81 University of Wolverhampton. Professor Abdul Rashid Gatrad OBE has been the inspiration from the inception of this trust and has devoted significant lime and effort over the years lo the Trust's cause. New Trustees Mr Adnan Rafiq LLB Mr Zafar Aslam Raheen Mussa Members.. Mr Sijaad Hussain Bsc MSC FCCA Mr Imran Mahmood Sacha Bsc Mr Mahmood Ravol Bsc Dr lan Robertson Javed Iqbal Prlnclpal Actlvlty Midland International Aid Trust IUKI is 8 charitable legal enlily in the UK with the aim lo relieve poverty. deprivation and distress Ihroughoul the world and lo relieve suffering whether chronic or accule by way of emergency Inlervenlign and lor establishing rehabililalion programmes. In order lo Complete this philosophy medic81 projects have been setup in Gujral Pakistan over the la51 lew years and In particular the building of the Maternity and the childrens Hospital. This project is now complete. Variou5 Health Professional$ from the UK and other Countries are sent lo Gujral by MIAT to leach and train.
MIDLAND INTERNATIONAL AID TRUST IiIKI REVIEW OF THE ACTIVITIES The Trust Is principally midland based with an office in Walsall. cun11y, ihe day 19 day management of the trust Is undertaken by Mr Mohammed Aslarr MBE and ProfessorAbdul Rashid Gatrad OBE with the support and assistance from the other Tiuslees. The funds raised are spent on Inlefflatsonal emergency disa51èr lief projects, for examp.. 1 Waler Project 2 Qurbanl Pmject 3 Eye icleft Llp and Palate in Paklstan 4 Club Fool Projed Paki5t8n 5 Weekly Cllnic in Gujrat 6 Food Paicèls Distnbutions 7 MalÈinty and Chilclrens Hosprtal ProJect 8 Homeless People.- Walsall g Gaza Plect 10 Malawl - Hum8nrfarlan AJd 11 WASUP Project Watsall FINANCIAL REPORT AND FLFfuRE ACTIVITIES This was the fvfftnlieth year of the trust and the financlal results ieffeci the period betweÈn 01st August 202310 31st Juty 2024. The results for the year are sel out on page 7 to 10. The Inrslees are satisfied with the financlal posllion as al 31st July 2022. The slalernent of financial acbvllies shows a SuluS forlhe year and the unrestricted fund canied fonyard ts SLiffiGlenl lo m8lnlain the Trust al Ils current level. Trustees Tha trustees who serve duting the perlod aTe as follows: 1 Professor Abdul Rashid Gatrad OBE (fru5teel 2 Adnana Rar 3 Raheen Mussa 4 ZafarAslam Si9ned on behalf ol the trust ProfA R Galr8d OBE Chalrman (Truste8) Dalè-. Pana A
PMDLAND INTERIIATIONAL AID TRUST IUKI STA TEMENT OF TRUSTEES. RESPONS181LITIES Charity law requires the Ttustee5 to prepare fAnCial sl*emenls for each finanual year which 9Nes a true 2rKI fairview of the stsle of alfair5 of the charity al the year end snd ils incomin9 resourGes and resource5 expended duilng Ihe year. In preparing those financFal Statements. Ihe Tru5tee5 a required lo: seleGt suitable accounting p0cleS and then apply tjiem sIsteI. make judgements and esllrnales that are réasonab ¥nd prudent., slate whether applKable accounting standards and stalemenls of recommended wactlce have been folk)wed Subject to any departures disdosed and explained in the financlal stalemenls: and prepare the financial strtempnts on the 90ing coeM basis unless il Is inappropriate to presume that the charity vlll continue in Ixt5iness. The Trustees ale responsible foi keepirwJ proper accounting cOrdS vthich discjose with reasonable ac¢uracy al any time lfre fjnanaal positton of the charity and enable theem lo ensure that the f¥nanclal statements comply with the CharItS Act 1993. They are also responstrjle forsafeguarding the assets of the chariy and hence for takW reas¢Jnab5e steps for the preventh and delectlon cf fraud and other inegulartlies. Approved by the Trustees and Signed on Ihey behatp. ProfA R Gatrad OBE
MIDLAND INTERNATIONAL AID TRUST IUKI FOR THE YEAR ENDED 31ST JULY 2023 INDEPENDENT EXAMINER'S REPORT We report on the accounts of Midland International 'd Trust IUKlfor the year ended 31st July 2024 sel out on pages 7 to 8. RESPECTIVE RESPONSIBILITIES OF TRUSTEES Afr4D EXAMINER The charity's trustees are respOnsle for the preperalion of accounls and ¢onsKler that an independent examinatuion is required. 11 is our responsibility lo. Examine Ihe accounts under sectuion 145 of the 2011 Ad lo follow the procedures laid down in Ihe General Oirections given by the Charily Commission lunder sedion 145151 Ibl ol the 2011 Act). and lo slate whelhef particulaf matters have come lo our attentn. BASIS OF INDEPENDENT EXAMINER'S REPORT Our examination was carried out in accordance with Ihe General Direction given by the Charity Commission.An examination includes a rev*w ol the acLounting records kept by the charity and comparison of the accounts presented wrth those records. 11 aL80 includes consideration of any unusual ilemsor disclosures in the accounts. and seeking explanations from you as trustees concerning any such matte. The proce(Juies undertaken do nol pfovmle all the evidence that would be required In an audil, an¢J consequently we do not express an audrt opinion on the view given by the accounts. INDEPENDENT EXAMINER'S REPORT In connection wrth our examinalion, no matter has come lo our attention. 11 which gives us reasonable cause to beIve that in any material respe the requ1MentS to keep aountIng records in ¥ccofdanee with Seclion 130 of the 2011 Act.. and lo prepare accounts which accord with the accounting records and comply with the accounting fequirements of Ihe 2011 Act have not been Met.. or 2110 which, in our Opinn, attention should be drawn in ordef lo enable a proper understanding of the a¢counts lo be reached. IS BHATTI & CO LTD CHARTERED ACCOUNTANTS 1 sl Floor 93 Broad Street Bimiingham B15 1AU Oale..
MIDLAND INTERNATIONAL AID IUKI STATEMENT OF FINANCIAL ACTIVITIES From 1st August 2023 to 31st July 2024 Restricted IncoTh Funds Totsl Thi8 Year Total Unstricted Funds We Year Incomln resources Donations 101,397 TT,628 179.025 229,821 Interest received on investments 10.842 10.842 S,547 Total Income resources 112,2 9,866 23S,36 Rgsources expended Genefal offsce and adminslration expènses 12.679 12.679 8.277 charitab Actmties 149.240 71.263 220.503 248,180 Tot•lresour¢es expended 71. N•t In¢¢mlnWloutgolngl resources 49.681 6.365 43,316 -21.089 Total funds brought Iobward 610.411 22.237 632.648 553,737 Total funds carrlèd lorwafd
iWADLAND INTERNATIONAL AID {UK} BALANCESHEEr As at31siJulyZJ24 Unrcsucted Funds R05tr1rthd Jn¢orno Funds Total Thls Year Totrl L35t Year Nole Tanglblo assets 100 Birthllts Stseel 160,824 160,824 160.824 1611.8 Cunentas$ots 60,824 .824 Cash al bank end In har 327226 Cash wlth De¢entKffarg Sodety CuTront Llablllts 327.226 370.642 1077 107Y 2,077 795 795 Ilot¢urrentaSS8t&qllabllltles) 326M31 Total a$sots l?BS ¢¢iriont Ilablllll?I 328.SOB 371.824 487,2S5 489A32 532.648 Funds of thtscharlty Unreslrfctsd f Reslrfcted In¢om8 fuTrJs roi&iund& 460,730 610,411 28.602 28.602 22,237 The fingnclalstalemen15 wereappro¥edbyth•Tn4kn oThlslynedon IhelrlJeh*. ProlA R Galrad OBE Datv. Thenol•s on pa908 8 10 10f¢mi rt01 Ihg Ilnpndalslal•nfjnts
MIDLANDS INTERNATIONAL AID TRUST IUKI NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 315t JULY 2024 11 ACCOUNTING POLICIES Basi$ of pParatiOn of accounts The financial stalemenls are Pfepared urMleitl purpose scnpe arKI apicall0 of SORP FRS 102. SORP 60 slates Accoun15 interKJing to show a true arKI fair view musl be prepa on the going concein assumption. SORP 61 slales in meeling the oblwJation to prepare acco shOn9 a true arbd fail view accruals accounts should comply wth. Slalemenl of slalar AOunt1j PractKe ISSAPS) Finanoal Reporting SlaTrJards IFRSS) Urgent Issue Task Force abstracts IUITFS) arKI in addrtion lake nole of dl The inlerprelalion for Publ Berefrt Entit ofthe Statement ol Prin¢M)les for FinanrJal Reportiry bl Accounting Convention The Financial Slalemenls are prepared underthe historical cost convÈntK)n modthed lo inclLYe Ihe revaluation of rtain assets. 21 DONATIONS 2023 Medical Orphanage 3.8 2.440 5.405 2.855 Waler Pioje(a Malawi Water Projects and Sparkle School Qurbani Green Bett Housing Plastic MvJranl Book Pakistan FlocKJs Sky ONe WASUP Food Pa1 Zakat Donations 3.295 6.614 10.636 16.225 46.898 22.402 2.056 52. 1.547 94.372 3B.910 Sadkha Fidya Fitrana Sindh DiSabd Fami Syria Earthquake Ttjrkey & Syria Eartruake Patna Itvjia 6.301 370 285 21.832 1.365 125 14.050 23.915 1.250 9,821 154.011 75.810 17 24 77.628 101.397 Re5tri(aed Unrestri¢Aed
MIDLANDS INTERPIATIONAL AID TRUST IUKI 31 CHARITABLE ACTIVITIES Y.E. 31.07.24 Macmillan Cancer Research Pakistan Eye Project ScM)k Kalan Free Disnsary Pak & Qtsrbani Club Fool Project P3k F¢xMJ Parcels KORT Orphanage Pak Somalia, Zambia. Malaw. Turkey & Patna Publishing Plastic Migrani Book 24 6.000 19.144 12.0) 15.5 3.804 14.197 1.988 Other charitsble Xb¥ilS 146.846 220,503 71.263 149.240 Restrthd Unrestrthd 41 General offke and •dmbnstr•llon xpèns•s Adminioifice Equymenls Bank Charges Insurance A¢counlancy Fees Rate & Water Rates Repairs Eseclricity Cargo Charges Traveling Website Charges 1.694 292 285 795 785 180 841 569 1,233 12.679 51 Ll•bllltle$ 2024 795 2023 795 Amoun13 due vnthin year 795 795 61 Flxed Assets Fixed A5sel consists of a prokwrty bwght by Ihe chawty al 100 Bif¢hill$ Slreet. Walsal. The property is reported at Ihe $vmefket value. No depreciatw is thar9ed thi$ properTr. BIF 0110612023 160,824 Depreciath CIF 31107124 160.624 71 ReJtrve• Nats¥esl Cuffenl Account 67582627 Reserve Bank AcAsunt 67582648 Sanlander Time deposit Account 11063584 Decent Wetlarè Scoety Cash Balar Irwestmènt In 100 Birchills Street 93.293 233.927 2.077 160.824 490.127 Page I