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Kashmir Relief and Development Foundation (KRDF)
Registered Charity No. 1114625
ANNUAL REPORT OF THE TRUSTEES FOR THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2021
The Trustees present their Annual Report for the year ended 31st December 2021.
Kashmir Relief and Development Foundation also known as KRDF was established in January 2006, mainly to provide relief to the earthquake affectees and survivors in Kashmir. Since then KRDF has developed many schools and vocational centres. KRDF has continued to support in the sectors of Education, Health, Women Empowerment and Clean water supplies. There are two schools under construction and a medical centre for local community to provide basic health facilities.
Objects of the Charity
The charity is constituted by a trust deed and registered with the Charity Commission.
The objectives of the charity are as per its trust deed. The main activities of the charity during the year were raising fund for the purpose of providing relief, development of structure for the survivors of the earthquake and Flood effectees in the areas of Education, Health and Women Empowerment in Azad Kashmir.
The Trustees
The Trustees of the Charity as at 31st December 2021 were as follows:
M Latif Khan Mahmood Hussain Mohammed Imran Javaid appointed 04/01/2021 Niaz Ahmed
Review of the Financial Statements
The trustees consider that the results are satisfactory, where total donations received amount to £78,350.
After disbursements and expenditure during the year ended 31st December 2021, the net surplus is £16,822. The accumulated funds carried forward as at 31st Decemeber 2021 are £170,699.
The Development works are being done for Education and Health, where construction works continued for two Schools and Medical Health Centre. Administration, Maintenance and Repairs of up keeping current schools and Vocational Centres continued during the year.
On behalf of all the trustees, we would like to thank all our donors, members and, most of all, the volunteers who helped the charity to carry out the activities and fund raising successfully during the year.
The financial statements were approved by the board of trustees and signed on their behalf by:
------------------------------------------------------------------------------------M L Khan (Chairman) N Ahmed (Secretary)
Date:
Date:
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Kashmir Relief and Development Foundation (KRDF) Registered Charity No. 1114625 INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st DECEMBER 2021
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2021 2020
£ £ £ £
INCOME
Donations 58,000 51,845
Education Development Projects 20,350 16,222
78,350 68,066
Disbursements:
Schools, Vocational Centres and Health 47,641 41,039
Qurbanis 4,730 4,000
52,371 45,039
Expenditures:
Advertising 189 167
- -
Sundry Expenses
wages - -
Rent 7,800 7,150
Printing, Postage and Stationery 432 606
Bank Charges + Interest 446 359
Insurance 291 291
9,158 61,528 8,573 53,612
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Net Surplus/(Deficit) for the period 16,822 14,454
Surplus B/Fwd 153,877 139,423
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170,699 153,877
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Represented By:
Assets
Bank Account (Natwest) 115,197 82,952
Bank Account (Co-operative) 55,295 70,718
Cash 207 207
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170,699 153,877
Liabilities
- -
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Net Assets 170,699 153,877
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M L Khan Niaz Ahmed
Chairman Secretary
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Kashmir Relief and Development Foundation (KRDF)
Registered Charity No. 1114625
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES/MEMBERS OF
Kashmir Relief and Development Foundation (KRDF) ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2021
We report on the accounts of the Charity for the year ended 31st December 2021, which are set out on page 3.
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|Respective Responsibilities|The charity’s trustees are responsible for the preparation of the accounts.|
|of Trustees and Examiner|The Charity Trustees consider that an audit is not required for this year under|
|section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent|
|examination is needed.|
|It is our responsibility to:|
|•|examine the accounts under section 145 of the 2011 Act;|
|•|to follow the procedures laid down in the general Directions given by the|
|Charity Commission under section 145(5)(b) of the 2011 Act: and|
|•|to state whether particular matters have come to our attention.|
|Basis of Independent|Our examination was carried out in accordance with the General Directions given by|
|Examiner's Report|the Charity Commission. 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 the unusual items or disclosures in the accounts, and|
|seeking explanations from you as trustees concerning any such matters.|
|The procedures undertaken do not provide all the evidence that would be required in|
|an audit and consequently no opinion is given as to whether the accounts present a|
|true and fair view' and the report is limited to those matters set out in the statement below.|
|Independent Examiner's|In connection with our examination, no matter has come to our attention:|
|Statement|(1)|which gives us reasonable cause to believe that in any material respect the|
|requirements:|
|•|to keep accounting records in accordance with section 130 of the 2011 Act; and|
|•|to prepare accounts which accord with the accounting records and comply with|
|the accounting requirements of the 2011 Act have not been met;|
|OR|
|(2)|to which, in our opinion, attention should be drawn in order to enable a proper|
|understanding of the accounts to be reached.|
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Signed:
Date:
Sharif & Co (UK) Ltd Certified Practising Accountant 119-123, Cannon Street Road Basement South London E1 2LX