## **Trustees’ Annual Report for the period**
## **From 1[st] April 2022 to 31[st] March 2023**
**Charity name:**
Children of Pakistan Earthquake
**Charity registration number:** 1113135
**Governing document -**
Declaration of trust dated 26 October 2005
## **Objectives**
## **Activities**
- Provision of Food
- Education
- Health Or Saving Of Lives
- Housing
- Enterprise
- Vocational Training
- Disaster Relief
- Build Places of worship- 99 Masjids Campaign
- Marriage Programme
- Other Charitable Purposes
## **Who the charity helps:**
- Children/young People
- Elderly/old People
- People With Disabilities
- The General Public/mankind
## **How the charity helps:**
- Develops projects to empower people out of poverty
- Provides Buildings/facilities/open Space
- Makes Grants To Individuals
- Other Charitable Activities
## **Where the charity operates:**
- Sindh, Balochistan, Tharpakar, KPK, South Punjab, Pakistan
Charity Registration Number 1113135
## **Projects**
COPE’s aim is to help Break the Cycle of Poverty by addressing every aspect of social welfare from education, housing, enterprise, health, vocational training and an Elderly project. Our focal point is providing water which is the source of life and regenerating communities.
We are delighted to introduce our most recent project to build an Eye Hospital which is currently under construction in Bannu, KPK. We expect the project to be completed in mid-2024.
## **Achievements**
The last year, has been another productive year in project delivery towards the alleviation of poverty thousands of people continue to benefit from COPE’s thriving Projects as follows:
|**Project/Activity**|**Total**|**Y/E**
**2023**|**Y/E**
**2022**|**Y/E**
**2021**|**Y/E**
**2020**|
|---|---|---|---|---|---|
|Waterpumps|1301|346|397|327|231|
|Motorised Waterpumps|28|21|7|0|0|
|Manual Water Wells|67|19|15|22|11|
|Small Solar Water Stations|8|2|6|0|0|
|Solar Water Stations|17|1|4|4|8|
|Water Filtration Plants|4|0|1|2|1|
|Waterlines to Homes|1|0|0|1|0|
|Masjids|39|8|19|11|1|
|Schools|6|0|2|3|1|
|COPE Villages|6|0|2|3|1|
|COVID Relief Food and Hygeine
Packs|1633|0|975|658|0|
|Other Food Packs|1490|380|850|110|150|
|Winter Relief|2780|1500|680|300|300|
|Free Fruit & Vegetable Market|Ongoing|||May-20|0|
|EmergencyRelief Packs|202|0|0|202|0|
|Houses built /improved|33|8|20|3|2|
|Orphan Weddings|60|0|30|0|30|
|Wheelchairs|450|100|200|150|0|
|Cataract Operations|470|200|270|0|0|
|Enterprise-Rickshaw donation|13|3|7|3|0|
|Enterprise- SewingClasses|150|60|30|60|0|
|Enterprise-Goat,sheeprearing|126||60|66|0|
|Enterprise Carts|4|0|4|0|0|
|Enterprise Shops|2|0|2|0|0|
|ElderlySupport|30|0|30|0|0|
|Hospital|1|1|0|0|0|
Charity Registration Number 1113135
## **Volunteers**
COPE relies on the goodwill of volunteers to run all aspects of the charity’s work. Our volunteer pool at COPE is steadily growing and currently there are approximately 150 volunteers that give up their time to support the charity at events and charitable activities. We encourage and reach out to the community through social media and website as part of our recruitment drive to involve a diverse range of people in our work.
## **Ambitions and long term strategies:**
Our ambition is to stabilise and sustain our poverty relief programmes whilst continuing to reach more people in need. COPE now operates in all four provinces of Pakistan. We aim to develop and strengthen partnerships at a local, national and international level, to build support, raise awareness of our work and continue to grow organically.
Charity Registration Number 1113135
## **Children Of Pakistan Earthquake**
Trustees' report and financial statements For the year ended 31 March 2023
**Children Of Pakistan Earthquake**
||**Contents**|
|---|---|
||**For the year ended 31 March 2023**|
||**Page**|
|Legal and administrative information|1|
|Trustees' report|2 - 3|
|Statement of Trustees' responsibilities|4|
|Independent Examiner's report|5|
|Statement of financial activities|6|
|Balance Sheet|7|
|Notes to the financial statements|8 - 9|
**Children Of Pakistan Earthquake**
**Legal and administrative information**
**For the year ended 31 March 2023**
## **Status**
The Organisation is a charity registered with the Charity Commission on 1 March 2006. The charity is governed by its Constitution.
Trustees: Rehana Rafiq Sofia Tariq Maryam Hussain Maryam Ayub Chair Person : Nasrat Rafiq Secretary: Sofia Tariq Charity number: 1113135 Registered office: 431 Streetsbrook Road Solihull B91 1RE Charity email: info@copeuk.org Website: www.copeuk.org Independent Examiner: Sultan Tariq 103 Common Lane Acocks Green Birmingham B26 3DB
Page 1
**Children Of Pakistan Earthquake Trustees' Report**
**For the year ended 31 March 2023**
The trustees present their report and financial statements for the year ended 31 March 2023.
## **Chairperson's Review**
It is a great honor to lead this wonderful charity which operates solely on the good will, generosity and kindness of good people. As the Chair of COPE , I am extremely proud that COPE remains a 100% charity. This would not be possible without an innovative, resourceful team and the immense support of my trustees, volunteers, donors and the local community.
In 2018 COPE re-launched with a fresh new approach towards breaking the Cycle of Poverty through the provision of Water. Water is the source of life and directly impacts life conditions of people. Without water you can’t grow food, you can't build housing ,you can’t stay healthy ,you can’t stay in school and you can’t keep working. Access to clean water improves health, boosts local economies and impact the livelihood and well-being of marginalized people in many ways. The combined effect is that a local area has been empowered out of poverty. I am very proud of our achievements and our insistence to run our projects in hard to reach areas; to empower the 'forgotten people 'out of poverty by providing the essential human necessities. It gives me great pleasure to know that we are making a difference; the testimonies ,feedback and smiles of beneficiaries reassures us that we are on the right track towards helping break the cycle of poverty.
With the support of the local community and a resourceful team, COPE remains a 100% charity. I feel honored to have a fabulous team on the ground, who continues to work tirelessly to execute our projects during the most difficult time. I would like to thank my fellow trustees, donors, well-wishers and partners for all the time and support they give so that COPE's legacy can continue long after us.
## **Review of Activities**
To relieve poverty and hardship in Pakistan through the operation of projects that promote independence and empowerment. we provide grants to poor and destitute people as well as providing access to education and training for sustained independence. We run a water project in partnership with local and international organisations to improve the health and wellbeing of our beneficiaries.
- Provision of Food
- Education
- Health or Saving of Lives
- Housing
- Enterprise
- Vocational Training
- Disaster Relief
- Build Places of Worship - 99 Masjid Campaign
- Marriage Programme
- Other Charitable Purposes
## **Who the charity helps:**
- Children/Young People
- Elderly/Old People
- People with Disabilities
- The General Public/Mankind
**How the charity helps:**
- Develops projects to empower people out of poverty
- Provides Building/facilities/open space
- Makes Grants To Individuals
- Other Charitable Activities
Page 2
**Children Of Pakistan Earthquake**
**Trustees' Report (2)**
**For the year ended 31 March 2022**
## **Area of Operations:**
- Sindh, Balochistan, Tharpakar, KPK, South Punjab, Pakistan
## **Achievements:**
The last year, has been another immensely busy year in project delivery towards the alleviation of poverty. We are delighted to introduce new additions to our projects in the form of Enterprise carts, shops, Elderly Support and hospital. Thousands of people have benefited through COPE’s thriving Projects on the ground as follows:
## **Project/Activity**
|**Description of Project**|**Total to**
**Date**|**Y/E 2023**|**Y/E 2022**|**Y/E 2021**|**Y/E 2020**|
|---|---|---|---|---|---|
|Cataract Operations|470|200|270|0|0|
|COPE Villages|6|0|2|3|1|
|COVID Relief Food and Hygiene Packs|1633|0|975|658|0|
|ElderlySupport|30|0|30|0|0|
|EmergencyRelief Packs|202|0|0|202|0|
|Enterprise Carts|4|0|4|0|0|
|Enterprise- SewingClasses|150|60|30|60|0|
|Enterprise Shops|2|0|2|0|0|
|Enterprise-Goat,sheeprearing|126||60|66|0|
|Enterprise-Rickshaw donation|13|3|7|3|0|
|Free Fruit & Vegetable Market|Ongoing|||May-20|0|
|Hospital|1|1|0|0|0|
|Houses built /improved|33|8|20|3|2|
|Manual Water Wells|67|19|15|22|11|
|Masjids|39|8|19|11|1|
|Motorised Waterpumps|28|21|7|0|0|
|Orphan Weddings|60|0|30|0|30|
|Other Food Packs|1490|380|850|110|150|
|Schools|6|0|2|3|1|
|Small Solar Water Stations|8|2|6|0|0|
|Solar Water Stations|17|1|4|4|8|
|Water Filtration Plants|4|0|1|2|1|
|Waterlines to Homes|1|0|0|1|0|
|Waterpumps|1301|346|397|327|231|
|Wheelchairs|450|100|200|150|0|
|Winter Relief|2780|1500|680|300|300|
Page 3
**Children Of Pakistan Earthquake**
**Statement of Trustees' Responsibilities for the Financial Statements**
**For the year ended 31 March 2023**
## **Volunteers**
COPE relies on the goodwill of volunteers to run all aspects of the charity's work. Our volunteer pool at COPE is steadily growing and currently there are approximately 150 volunteers that give up their time to support the charity at events and charitable activities. We encourage and reach out to the community through social media, our newsletters and website as part of our recruitment drive to involve a diverse range of people in our work.
## **Ambitions and long term strategies**
Our ambition is to expand our activities over a wider geographical are and reach more people in need. We aim to develop and strengthen partnerships at a local, national and international level, to build support, raise awareness of our work and continue to grow organically.
Company and charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charitable company's state of affairs at the end of the year and of its income and expenditure for that period.
In preparing those financial statements, the Trustees are required to:
- select suitable accounting policies and apply them consistently;
- make judgments and estimates that are reasonable and prudent;
- [prepare the financial statements on the going concern basis unless it is inappropriate to presume that the ] company will continue in business.
Page 4
**Children Of Pakistan Earthquake Independent Examiners' Report**
**For the year ended 31 March 2023**
We report on the accounts of the Charity for the year ended 31 March 2023, which are set out on pages 5 to 8.
## **Respective responsibilities of the trustees and examiner**
The charity’s members are responsible for the preparation of the accounts. The charity’s members consider that an audit is not required for this year (under section 4144(2) of the Charities Act 2011) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts (under section 145 of 2011 Act);
- [to follow the procedures laid down in the General Directions given by the Charity Commissioners (under ] section 145 (5) of 2011 Act); and
- to state whether particular matters have come to our attention.
## **Basis of the independent examiner’s report**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner’s statement**
In the course of my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in, any material respect, the members have not met the requirements to ensure that:
- Proper accounting records are kept (in accordance with section 41 of the 1993 Act); and
- Accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Sultan Tariq 103 Common Lane Acocks Green Birmingham B26 3DB
Page 5
## **Children Of Pakistan Earthquake**
## **Statement of Financial Activities including Income and Expenditure Account**
|||**For the year ended**|**31 March 2023**|
|---|---|---|---|
|**Notes**
**Total incoming resources**
**Resources Expended**
Charitable expenditure
**2**
Governance costs
**3**
**Total expenditure**
**Net movement in funds**
Funds balances at 31 March 2022
**Funds balances at 31 March 2023**
**Incoming resources**
Donations|**389,999**
**389,999**
**353,969**
**353,969**
**36,030**
71,507
**107,537**
**Unrestricted**
**Funds**
**£**
**353,969**
**-**|**389,999**
**389,999**
**353,969**
**353,969**
**36,030**
71,507
**107,537**
**Total**
**2023**
**£**
**353,969**
**-**|375,730
Total
2022
£|
||||375,730|
||||424,473|
||||424,473
-|
||||424,473|
||||(48,743)
120,250|
||||71,507|
Page 6
**Children Of Pakistan Earthquake**
**Balance Sheet**
||**As at 31 March 2023**|**As at 31 March 2023**|
|---|---|---|
|**Net current assets**
**Net assets**
**Accumulated Funds**
**As at 31 March 2021**
**Current assets**
Cash at bank and in hand
Balance brought forward
Surplus of Income over expenditure|**2023**
2022
**£**
**£**
£
£
**55,877**
19,847
**55,877**
19,847
**55,877**
19,847
**55,877**
19,847
**55,877**
19,847
**19,847**
**36,030**
68,590
(48,743)||
||**55,877**||
||||
|||19,847|
|||68,590
(48,743)|
|||19,847|
These financial statements were approved by the Board of Trustees and were signed on its behalf by:
Nasrat Rafiq Chair Person Date: 31/01/2024
Page 7
**Children Of Pakistan Earthquake Notes to the Financial Statements**
**For the year ended 31 March 2023**
## **1 Accounting policies**
## **1.1 Basis of preparation**
The financial statements have been prepared under historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities, the Statement of Recommended Practice; Accounting and Reporting by Charities 2005.
## **1.2 Incoming Resources**
All incoming resources are included on the statement of Financial Activities when the Charity is legally entitled to the income and amount can be quantified with reasonable accuracy.
## **1.3 Resources expended**
Resources expended are accounted for on an accrual basis. Expenditure includes VAT which cannot be recovered and which is included as part of the expenditure to which it relates.
Costs are allocated between charitable expenditure and governance as appropriate. Charitable expenditure comprises those costs directly incurred in carrying out its charitable activities and expenditure of an indirect nature necessary to support these activities. Governance costs are those associated with the constitutional and statutory requirements of the charity and include Independent Examiners' fees and costs incurred in the strategic management of the charity.
Page 8
**Children Of Pakistan Earthquake**
**Notes to the Financial Statements - (Continued)**
||**For the year ended 31 March 2023**|
|---|---|
|**2. Charitable expenditure**
Charitable expenditure
**3. Governance costs**
Bank charges|**424,473**
424,473
**-**
-
**-**
-
**2023**
**£**
**353,969**
2022
£
424,473
**2023**
**£**
2022
£|
Page 9
## **Children Of Pakistan Earthquake**
Trustees' report and financial statements For the year ended 31 March 2023
**Children Of Pakistan Earthquake**
||**Contents**|
|---|---|
||**For the year ended 31 March 2023**|
||**Page**|
|Legal and administrative information|1|
|Trustees' report|2 - 3|
|Statement of Trustees' responsibilities|4|
|Independent Examiner's report|5|
|Statement of financial activities|6|
|Balance Sheet|7|
|Notes to the financial statements|8 - 9|
**Children Of Pakistan Earthquake**
**Legal and administrative information**
**For the year ended 31 March 2023**
## **Status**
The Organisation is a charity registered with the Charity Commission on 1 March 2006. The charity is governed by its Constitution.
Trustees: Rehana Rafiq Sofia Tariq Maryam Hussain Maryam Ayub Chair Person : Nasrat Rafiq Secretary: Sofia Tariq Charity number: 1113135 Registered office: 431 Streetsbrook Road Solihull B91 1RE Charity email: info@copeuk.org Website: www.copeuk.org Independent Examiner: Sultan Tariq 103 Common Lane Acocks Green Birmingham B26 3DB
Page 1
**Children Of Pakistan Earthquake Trustees' Report**
**For the year ended 31 March 2023**
The trustees present their report and financial statements for the year ended 31 March 2023.
## **Chairperson's Review**
It is a great honor to lead this wonderful charity which operates solely on the good will, generosity and kindness of good people. As the Chair of COPE , I am extremely proud that COPE remains a 100% charity. This would not be possible without an innovative, resourceful team and the immense support of my trustees, volunteers, donors and the local community.
In 2018 COPE re-launched with a fresh new approach towards breaking the Cycle of Poverty through the provision of Water. Water is the source of life and directly impacts life conditions of people. Without water you can’t grow food, you can't build housing ,you can’t stay healthy ,you can’t stay in school and you can’t keep working. Access to clean water improves health, boosts local economies and impact the livelihood and well-being of marginalized people in many ways. The combined effect is that a local area has been empowered out of poverty. I am very proud of our achievements and our insistence to run our projects in hard to reach areas; to empower the 'forgotten people 'out of poverty by providing the essential human necessities. It gives me great pleasure to know that we are making a difference; the testimonies ,feedback and smiles of beneficiaries reassures us that we are on the right track towards helping break the cycle of poverty.
With the support of the local community and a resourceful team, COPE remains a 100% charity. I feel honored to have a fabulous team on the ground, who continues to work tirelessly to execute our projects during the most difficult time. I would like to thank my fellow trustees, donors, well-wishers and partners for all the time and support they give so that COPE's legacy can continue long after us.
## **Review of Activities**
To relieve poverty and hardship in Pakistan through the operation of projects that promote independence and empowerment. we provide grants to poor and destitute people as well as providing access to education and training for sustained independence. We run a water project in partnership with local and international organisations to improve the health and wellbeing of our beneficiaries.
- Provision of Food
- Education
- Health or Saving of Lives
- Housing
- Enterprise
- Vocational Training
- Disaster Relief
- Build Places of Worship - 99 Masjid Campaign
- Marriage Programme
- Other Charitable Purposes
## **Who the charity helps:**
- Children/Young People
- Elderly/Old People
- People with Disabilities
- The General Public/Mankind
**How the charity helps:**
- Develops projects to empower people out of poverty
- Provides Building/facilities/open space
- Makes Grants To Individuals
- Other Charitable Activities
Page 2
**Children Of Pakistan Earthquake**
**Trustees' Report (2)**
**For the year ended 31 March 2022**
## **Area of Operations:**
- Sindh, Balochistan, Tharpakar, KPK, South Punjab, Pakistan
## **Achievements:**
The last year, has been another immensely busy year in project delivery towards the alleviation of poverty. We are delighted to introduce new additions to our projects in the form of Enterprise carts, shops, Elderly Support and hospital. Thousands of people have benefited through COPE’s thriving Projects on the ground as follows:
## **Project/Activity**
|**Description of Project**|**Total to**
**Date**|**Y/E 2023**|**Y/E 2022**|**Y/E 2021**|**Y/E 2020**|
|---|---|---|---|---|---|
|Cataract Operations|470|200|270|0|0|
|COPE Villages|6|0|2|3|1|
|COVID Relief Food and Hygiene Packs|1633|0|975|658|0|
|ElderlySupport|30|0|30|0|0|
|EmergencyRelief Packs|202|0|0|202|0|
|Enterprise Carts|4|0|4|0|0|
|Enterprise- SewingClasses|150|60|30|60|0|
|Enterprise Shops|2|0|2|0|0|
|Enterprise-Goat,sheeprearing|126||60|66|0|
|Enterprise-Rickshaw donation|13|3|7|3|0|
|Free Fruit & Vegetable Market|Ongoing|||May-20|0|
|Hospital|1|1|0|0|0|
|Houses built /improved|33|8|20|3|2|
|Manual Water Wells|67|19|15|22|11|
|Masjids|39|8|19|11|1|
|Motorised Waterpumps|28|21|7|0|0|
|Orphan Weddings|60|0|30|0|30|
|Other Food Packs|1490|380|850|110|150|
|Schools|6|0|2|3|1|
|Small Solar Water Stations|8|2|6|0|0|
|Solar Water Stations|17|1|4|4|8|
|Water Filtration Plants|4|0|1|2|1|
|Waterlines to Homes|1|0|0|1|0|
|Waterpumps|1301|346|397|327|231|
|Wheelchairs|450|100|200|150|0|
|Winter Relief|2780|1500|680|300|300|
Page 3
**Children Of Pakistan Earthquake**
**Statement of Trustees' Responsibilities for the Financial Statements**
**For the year ended 31 March 2023**
## **Volunteers**
COPE relies on the goodwill of volunteers to run all aspects of the charity's work. Our volunteer pool at COPE is steadily growing and currently there are approximately 150 volunteers that give up their time to support the charity at events and charitable activities. We encourage and reach out to the community through social media, our newsletters and website as part of our recruitment drive to involve a diverse range of people in our work.
## **Ambitions and long term strategies**
Our ambition is to expand our activities over a wider geographical are and reach more people in need. We aim to develop and strengthen partnerships at a local, national and international level, to build support, raise awareness of our work and continue to grow organically.
Company and charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charitable company's state of affairs at the end of the year and of its income and expenditure for that period.
In preparing those financial statements, the Trustees are required to:
- select suitable accounting policies and apply them consistently;
- make judgments and estimates that are reasonable and prudent;
- [prepare the financial statements on the going concern basis unless it is inappropriate to presume that the ] company will continue in business.
Page 4
**Children Of Pakistan Earthquake Independent Examiners' Report**
**For the year ended 31 March 2023**
We report on the accounts of the Charity for the year ended 31 March 2023, which are set out on pages 5 to 8.
## **Respective responsibilities of the trustees and examiner**
The charity’s members are responsible for the preparation of the accounts. The charity’s members consider that an audit is not required for this year (under section 4144(2) of the Charities Act 2011) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts (under section 145 of 2011 Act);
- [to follow the procedures laid down in the General Directions given by the Charity Commissioners (under ] section 145 (5) of 2011 Act); and
- to state whether particular matters have come to our attention.
## **Basis of the independent examiner’s report**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner’s statement**
In the course of my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in, any material respect, the members have not met the requirements to ensure that:
- Proper accounting records are kept (in accordance with section 41 of the 1993 Act); and
- Accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Sultan Tariq 103 Common Lane Acocks Green Birmingham B26 3DB
Page 5
## **Children Of Pakistan Earthquake**
## **Statement of Financial Activities including Income and Expenditure Account**
|||**For the year ended**|**31 March 2023**|
|---|---|---|---|
|**Notes**
**Total incoming resources**
**Resources Expended**
Charitable expenditure
**2**
Governance costs
**3**
**Total expenditure**
**Net movement in funds**
Funds balances at 31 March 2022
**Funds balances at 31 March 2023**
**Incoming resources**
Donations|**389,999**
**389,999**
**353,969**
**353,969**
**36,030**
71,507
**107,537**
**Unrestricted**
**Funds**
**£**
**353,969**
**-**|**389,999**
**389,999**
**353,969**
**353,969**
**36,030**
71,507
**107,537**
**Total**
**2023**
**£**
**353,969**
**-**|375,730
Total
2022
£|
||||375,730|
||||424,473|
||||424,473
-|
||||424,473|
||||(48,743)
120,250|
||||71,507|
Page 6
**Children Of Pakistan Earthquake**
**Balance Sheet**
||**As at 31 March 2023**|**As at 31 March 2023**|
|---|---|---|
|**Net current assets**
**Net assets**
**Accumulated Funds**
**As at 31 March 2021**
**Current assets**
Cash at bank and in hand
Balance brought forward
Surplus of Income over expenditure|**2023**
2022
**£**
**£**
£
£
**55,877**
19,847
**55,877**
19,847
**55,877**
19,847
**55,877**
19,847
**55,877**
19,847
**19,847**
**36,030**
68,590
(48,743)||
||**55,877**||
||||
|||19,847|
|||68,590
(48,743)|
|||19,847|
These financial statements were approved by the Board of Trustees and were signed on its behalf by:
Nasrat Rafiq Chair Person Date: 31/01/2024
Page 7
**Children Of Pakistan Earthquake Notes to the Financial Statements**
**For the year ended 31 March 2023**
## **1 Accounting policies**
## **1.1 Basis of preparation**
The financial statements have been prepared under historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities, the Statement of Recommended Practice; Accounting and Reporting by Charities 2005.
## **1.2 Incoming Resources**
All incoming resources are included on the statement of Financial Activities when the Charity is legally entitled to the income and amount can be quantified with reasonable accuracy.
## **1.3 Resources expended**
Resources expended are accounted for on an accrual basis. Expenditure includes VAT which cannot be recovered and which is included as part of the expenditure to which it relates.
Costs are allocated between charitable expenditure and governance as appropriate. Charitable expenditure comprises those costs directly incurred in carrying out its charitable activities and expenditure of an indirect nature necessary to support these activities. Governance costs are those associated with the constitutional and statutory requirements of the charity and include Independent Examiners' fees and costs incurred in the strategic management of the charity.
Page 8
**Children Of Pakistan Earthquake**
**Notes to the Financial Statements - (Continued)**
||**For the year ended 31 March 2023**|
|---|---|
|**2. Charitable expenditure**
Charitable expenditure
**3. Governance costs**
Bank charges|**424,473**
424,473
**-**
-
**-**
-
**2023**
**£**
**353,969**
2022
£
424,473
**2023**
**£**
2022
£|
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