2024
Annual Report & Accounts
Abdul Rehman Memorial Trust
15 Chapel Street, Lye, Stourbridge, West Midlands, DY9 8BT.
Abdul Rehman Memorial Trust
Charity Name and Number
Abdul Rehman Memorial Trust: registered Charity number 1114806
Correspondence Address
15 Chapel Street Lye, Stourbridge W. Midlands, DY9 8BT
Trustees
Mr Atiq-ur Rehman, Chair of trustees Mr Muhammad Faisal Iqbal Mr Ghulam Rabbani Mr Pervez Akhtar Mr Mohammed Iftikhar Ali Mr Iftikhar Ahmed
Bankers:
Barclays Bank Plc, 81 High Street, Stourbridge, West Midlands, DY8 1EB.
Independent Examiner
Mr Ikram Mussadaq, Star Accountancy Services UK Ltd, 26 Hill Street, Lye, Stourbridge, DY9 8TL.
Trustees Annual Report for the year ended 30th June 2024
Objectives and activities of the trust
The main aims and objectives were stipulated in the governing document, which relates to provide basic health care facilities and support services in the area of Bewal, Distt. Rawalpindi, Pakistan. During this year trust activities under taken were as follows
-
To expand awareness and continue fundraising activities.
-
Continue the existing medical facilities and further improvements in Maternity services.
-
The Dialysis services are now fully operational and some other services have been added.
-
Annual International Hernia camp is continue to take place every year after the COVID 19 break.
Structure, Governance, and Management
The trust deed provides for a minimum of 6 trustees. According to our governing document where there is a requirement of new trustees these would be identified and appointed by a resolution of remaining trustees.
The trust deed provides guidance for the induction of any new trustee, which involves awareness of a trustee’s responsibilities, the governing document, administrative procedures, the history and philosophical approach of the charity.
A sub committee (executive council) was nominated by the trustees to support the various activates of the trust in order to achieve the aims and objectives efficiently.
2
Achievements and performance
During the year, the hospital continued to provide the health care facilities to the visiting patients of the area. The doctors and nurses were at full capacity and provided services at full strength to the members of the public. The number of patients continued to rise during the year. The hospital provided treatment to patients which required services such as maternity, x-rays, blood tests, pharmacy services, Orthopaedic and ENT services as well as general medical advice and minor treatments.
Financial review
The trust managed to raise around £31,065. In order to maximize the availabilities of funds for the hospital and provision of the facilities.
A total of £56,000 was transferred to Pakistan for the charitable purposes at the hospital. The trust spent this money for the running of the hospital and developing better facilities to the patients visiting the hospital. At the end of this financial year the balance in the trust’s reserve stood around £57,621.
Future Plan
We continued to expand the services at the hospital such as Maternity and Dialysis. The Dialysis centre continue expend year on year and some new staff are being recruited for this purpose.
Statement of trustee’s responsibilities
Charity law requires the trustees to prepare financial statements for each financial year, which show a true and fair view of the state of affairs of the charity, and its financial activities for that period. In preparing those financial statements, the trustees are required to:
-
Select suitable accounting policies and then apply them consistently
-
State whether applicable accounting standards and statements of recommended
-
Practice have been followed, subject to any departures disclosed and explained in the financial statements; and
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Independent Examiner
The trustees have asked Mr. Ikram Mussadaq of Star Accountancy Services UK limited to under take the independent examination of the trust financial statements.
Signed on behalf of the trustees
Mr. Atiq-ur Rehman Chair of trustees 11[th] July 2024
3
Independent examiner’s Report to the Trustees of Abdul Rehman Memorial Trust (ARM Trust)
I report on the accounts of the Trust for the year ended 30th June 2024, which are set out on pages 5 to 7.
Respective Responsibilities of Trustees Examiner
The charity’s trustees consider an audit is not required for the year (under s43 (2) of the Charities Act 1993 (the Act)) and that an independent examination is needed.
It is my responsibility to
-
Examine accounts (under s43 (3)(a) of the 1993 Act)
-
Follow the procedures laid down in the General Directions given by the Charity Commissioners (under s43 (7)(b) of the 1993 Act) and
-
To state whether particular matters have come to my attention
Basis of the examiner’s report
My examination was carried out in accordance with the General Directions given by the Charities 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 trustees concerning 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 opinion on the view given by the accounts.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention
-
Which gives me reasonable cause to believe that in any material respect requirements
-
To keep accounting records in accordance with section 41 of the Act; and
-
To prepare accounts which accord with the accounting records and to comply with the accounting requirement of Act
Have not been met; or
- To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Ikram Mussadaq
Mr Ikram Mussadaq Star Accountancy Services UK Ltd, 26 Hill Street, Lye, Stourbridge, West Midlands, DY9 8TL.
4
Abdul Rehman Memorial Trust (ARM Trust)
Income & Expenditure Account for the year ended 30th June
| 2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Income resources | ||||
| Incoming resources from generated | funds | |||
| Voluntary income: Donations |
(Note 2) | 31,065 | 33,488 | |
| Resources expended | ||||
| Charitable expenses | 56,000 | 51,000 | ||
| Fund raising function costs | 00 | 00 | ||
| Other charitable expenses | 00 | 00 | ||
| Bank Charges | 406 | 341 | ||
| Depreciation | 1,720 | 1,911 | ||
| ------------ | (58,126) | ------------ | (53,252) | |
| ----------- | ------------- | |||
| Net income/(losses) for the year | (27,061) | (19,764) | ||
| ====== | ======= |
Notes to the Accounts;
1. Accounting policies
-
a) The accounts have been prepared on the historic cost convention.
-
b) The accounts are in accordance with applicable accounting standards, the Charities SORP 2005 (Accounting and Reporting by Charities) and comply with the Charities (Accounts and Reports) Regulations 2005 issued under the Charities Act 1993.
2. Donations:
The donations received during 2024 were from various fundraising events and appeals and gift aid claims amounted to £31,065.
5
3. Taxation
The Trust is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for the charitable purposes.
4. Related party transactions
None of the trustees were paid any remuneration or expenses by the charity during the year.
5. Tangible fixed assets
Analysis of charity’s tangible fixed assets:
| Land & Buildings | P & M | F & F | Total | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Cost | ||||
| At 1st July 2023 | 969,010 | 155,094 | 36,769 | 1,160,873 |
| Additions | 00 | 00 | 00 | 00 |
| Less Disposals | 00 | 00 | 00 | 00 |
| ------------ | --------- | ---------- | ------------- | |
| At 30thJune 2024 | 969,010 | 155,094 | 36,769 | 1,160,873 |
| ======= | ====== | ====== | ======= | |
| DEPRECIATION: | ||||
| Land & Buildings | P & M | F & F | Total | |
| £ | £ | £ | £ | |
| Bal. at 1st July 2023 | 00 | 140,501 | 34,159 | 174,660 |
| Charge for the year | 00 | 1,459 | 261 | 1,720 |
| Less Disposals | 00 | 00 | 00 | 00 |
| ------------ | ----------- | ---------- | ------------ | |
| At 30thJune 2024 | 00 | 141,960 | 34,420 | 176,380 |
| ======= | ====== | ====== | ======= | |
| WDV at 30/06/24 | 969,010 | 13,134 | 2,349 | 984,493 |
| ======== | ====== | ====== | ======= | |
| WDV at 30/06/23 | 969,010 | 14,593 | 2,610 | ,986,213 |
| ======== | ====== | ====== | ======= |
6
Abdul Rehman Memorial Trust
Balance sheet as at 30th June
| FIXED ASSETS; | 2024 | 2023 | |||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Tangible assets | (Note 5) | 984,493 | 986,213 | ||
| ------------- | -------------- | ||||
| 984,493 | 986,213 | ||||
| Current Assets; | |||||
| Cash in Hand & in Bank | 57,621 | 87,962 | |||
| ----------- | ------------ | ||||
| 57,621 | 87,962 | ||||
| Less Current Liabilities; | |||||
| Creditors | 00 | (00) | |||
| -------- | 57,621 | 87,962 | |||
| -------------- | ------------- | ||||
| Net current assets | 1,042,114 | 1,074,175 | |||
| Less Long term liabilities | 50,000 | 55,000 | |||
| --------- | (50,000) | ------------ | (55,000) | ||
| ------------- | -------------- | ||||
| Total Assets less | Liabilities | 992,114 | 1,019,175 | ||
| ======= | ======== | ||||
| Represented by: | |||||
| Accumulated Fund | as at 1st July | 2023/2022 | 1,019,175 | 1,038,939 | |
| Net Profit/(loss) for | the year | (27,061) | (19,764) | ||
| -------------- | -------------- | ||||
| 992,114 | 1,019,175 | ||||
| ======== | ======== |
7
2024
Annual Report & Accounts
Abdul Rehman Memorial Trust
15 Chapel Street, Lye, Stourbridge, West Midlands, DY9 8BT.
Abdul Rehman Memorial Trust
Charity Name and Number
Abdul Rehman Memorial Trust: registered Charity number 1114806
Correspondence Address
15 Chapel Street Lye, Stourbridge W. Midlands, DY9 8BT
Trustees
Mr Atiq-ur Rehman, Chair of trustees Mr Muhammad Faisal Iqbal Mr Ghulam Rabbani Mr Pervez Akhtar Mr Mohammed Iftikhar Ali Mr Iftikhar Ahmed
Bankers:
Barclays Bank Plc, 81 High Street, Stourbridge, West Midlands, DY8 1EB.
Independent Examiner
Mr Ikram Mussadaq, Star Accountancy Services UK Ltd, 26 Hill Street, Lye, Stourbridge, DY9 8TL.
Trustees Annual Report for the year ended 30th June 2024
Objectives and activities of the trust
The main aims and objectives were stipulated in the governing document, which relates to provide basic health care facilities and support services in the area of Bewal, Distt. Rawalpindi, Pakistan. During this year trust activities under taken were as follows
-
To expand awareness and continue fundraising activities.
-
Continue the existing medical facilities and further improvements in Maternity services.
-
The Dialysis services are now fully operational and some other services have been added.
-
Annual International Hernia camp is continue to take place every year after the COVID 19 break.
Structure, Governance, and Management
The trust deed provides for a minimum of 6 trustees. According to our governing document where there is a requirement of new trustees these would be identified and appointed by a resolution of remaining trustees.
The trust deed provides guidance for the induction of any new trustee, which involves awareness of a trustee’s responsibilities, the governing document, administrative procedures, the history and philosophical approach of the charity.
A sub committee (executive council) was nominated by the trustees to support the various activates of the trust in order to achieve the aims and objectives efficiently.
2
Achievements and performance
During the year, the hospital continued to provide the health care facilities to the visiting patients of the area. The doctors and nurses were at full capacity and provided services at full strength to the members of the public. The number of patients continued to rise during the year. The hospital provided treatment to patients which required services such as maternity, x-rays, blood tests, pharmacy services, Orthopaedic and ENT services as well as general medical advice and minor treatments.
Financial review
The trust managed to raise around £31,065. In order to maximize the availabilities of funds for the hospital and provision of the facilities.
A total of £56,000 was transferred to Pakistan for the charitable purposes at the hospital. The trust spent this money for the running of the hospital and developing better facilities to the patients visiting the hospital. At the end of this financial year the balance in the trust’s reserve stood around £57,621.
Future Plan
We continued to expand the services at the hospital such as Maternity and Dialysis. The Dialysis centre continue expend year on year and some new staff are being recruited for this purpose.
Statement of trustee’s responsibilities
Charity law requires the trustees to prepare financial statements for each financial year, which show a true and fair view of the state of affairs of the charity, and its financial activities for that period. In preparing those financial statements, the trustees are required to:
-
Select suitable accounting policies and then apply them consistently
-
State whether applicable accounting standards and statements of recommended
-
Practice have been followed, subject to any departures disclosed and explained in the financial statements; and
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Independent Examiner
The trustees have asked Mr. Ikram Mussadaq of Star Accountancy Services UK limited to under take the independent examination of the trust financial statements.
Signed on behalf of the trustees
Mr. Atiq-ur Rehman Chair of trustees 11[th] July 2024
3
Independent examiner’s Report to the Trustees of Abdul Rehman Memorial Trust (ARM Trust)
I report on the accounts of the Trust for the year ended 30th June 2024, which are set out on pages 5 to 7.
Respective Responsibilities of Trustees Examiner
The charity’s trustees consider an audit is not required for the year (under s43 (2) of the Charities Act 1993 (the Act)) and that an independent examination is needed.
It is my responsibility to
-
Examine accounts (under s43 (3)(a) of the 1993 Act)
-
Follow the procedures laid down in the General Directions given by the Charity Commissioners (under s43 (7)(b) of the 1993 Act) and
-
To state whether particular matters have come to my attention
Basis of the examiner’s report
My examination was carried out in accordance with the General Directions given by the Charities 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 trustees concerning 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 opinion on the view given by the accounts.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention
-
Which gives me reasonable cause to believe that in any material respect requirements
-
To keep accounting records in accordance with section 41 of the Act; and
-
To prepare accounts which accord with the accounting records and to comply with the accounting requirement of Act
Have not been met; or
- To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Ikram Mussadaq
Mr Ikram Mussadaq Star Accountancy Services UK Ltd, 26 Hill Street, Lye, Stourbridge, West Midlands, DY9 8TL.
4
Abdul Rehman Memorial Trust (ARM Trust)
Income & Expenditure Account for the year ended 30th June
| 2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Income resources | ||||
| Incoming resources from generated | funds | |||
| Voluntary income: Donations |
(Note 2) | 31,065 | 33,488 | |
| Resources expended | ||||
| Charitable expenses | 56,000 | 51,000 | ||
| Fund raising function costs | 00 | 00 | ||
| Other charitable expenses | 00 | 00 | ||
| Bank Charges | 406 | 341 | ||
| Depreciation | 1,720 | 1,911 | ||
| ------------ | (58,126) | ------------ | (53,252) | |
| ----------- | ------------- | |||
| Net income/(losses) for the year | (27,061) | (19,764) | ||
| ====== | ======= |
Notes to the Accounts;
1. Accounting policies
-
a) The accounts have been prepared on the historic cost convention.
-
b) The accounts are in accordance with applicable accounting standards, the Charities SORP 2005 (Accounting and Reporting by Charities) and comply with the Charities (Accounts and Reports) Regulations 2005 issued under the Charities Act 1993.
2. Donations:
The donations received during 2024 were from various fundraising events and appeals and gift aid claims amounted to £31,065.
5
3. Taxation
The Trust is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for the charitable purposes.
4. Related party transactions
None of the trustees were paid any remuneration or expenses by the charity during the year.
5. Tangible fixed assets
Analysis of charity’s tangible fixed assets:
| Land & Buildings | P & M | F & F | Total | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Cost | ||||
| At 1st July 2023 | 969,010 | 155,094 | 36,769 | 1,160,873 |
| Additions | 00 | 00 | 00 | 00 |
| Less Disposals | 00 | 00 | 00 | 00 |
| ------------ | --------- | ---------- | ------------- | |
| At 30thJune 2024 | 969,010 | 155,094 | 36,769 | 1,160,873 |
| ======= | ====== | ====== | ======= | |
| DEPRECIATION: | ||||
| Land & Buildings | P & M | F & F | Total | |
| £ | £ | £ | £ | |
| Bal. at 1st July 2023 | 00 | 140,501 | 34,159 | 174,660 |
| Charge for the year | 00 | 1,459 | 261 | 1,720 |
| Less Disposals | 00 | 00 | 00 | 00 |
| ------------ | ----------- | ---------- | ------------ | |
| At 30thJune 2024 | 00 | 141,960 | 34,420 | 176,380 |
| ======= | ====== | ====== | ======= | |
| WDV at 30/06/24 | 969,010 | 13,134 | 2,349 | 984,493 |
| ======== | ====== | ====== | ======= | |
| WDV at 30/06/23 | 969,010 | 14,593 | 2,610 | ,986,213 |
| ======== | ====== | ====== | ======= |
6
Abdul Rehman Memorial Trust
Balance sheet as at 30th June
| FIXED ASSETS; | 2024 | 2023 | |||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Tangible assets | (Note 5) | 984,493 | 986,213 | ||
| ------------- | -------------- | ||||
| 984,493 | 986,213 | ||||
| Current Assets; | |||||
| Cash in Hand & in Bank | 57,621 | 87,962 | |||
| ----------- | ------------ | ||||
| 57,621 | 87,962 | ||||
| Less Current Liabilities; | |||||
| Creditors | 00 | (00) | |||
| -------- | 57,621 | 87,962 | |||
| -------------- | ------------- | ||||
| Net current assets | 1,042,114 | 1,074,175 | |||
| Less Long term liabilities | 50,000 | 55,000 | |||
| --------- | (50,000) | ------------ | (55,000) | ||
| ------------- | -------------- | ||||
| Total Assets less | Liabilities | 992,114 | 1,019,175 | ||
| ======= | ======== | ||||
| Represented by: | |||||
| Accumulated Fund | as at 1st July | 2023/2022 | 1,019,175 | 1,038,939 | |
| Net Profit/(loss) for | the year | (27,061) | (19,764) | ||
| -------------- | -------------- | ||||
| 992,114 | 1,019,175 | ||||
| ======== | ======== |
7
2024
Annual Report & Accounts
Abdul Rehman Memorial Trust
15 Chapel Street, Lye, Stourbridge, West Midlands, DY9 8BT.
Abdul Rehman Memorial Trust
Charity Name and Number
Abdul Rehman Memorial Trust: registered Charity number 1114806
Correspondence Address
15 Chapel Street Lye, Stourbridge W. Midlands, DY9 8BT
Trustees
Mr Atiq-ur Rehman, Chair of trustees Mr Muhammad Faisal Iqbal Mr Ghulam Rabbani Mr Pervez Akhtar Mr Mohammed Iftikhar Ali Mr Iftikhar Ahmed
Bankers:
Barclays Bank Plc, 81 High Street, Stourbridge, West Midlands, DY8 1EB.
Independent Examiner
Mr Ikram Mussadaq, Star Accountancy Services UK Ltd, 26 Hill Street, Lye, Stourbridge, DY9 8TL.
Trustees Annual Report for the year ended 30th June 2024
Objectives and activities of the trust
The main aims and objectives were stipulated in the governing document, which relates to provide basic health care facilities and support services in the area of Bewal, Distt. Rawalpindi, Pakistan. During this year trust activities under taken were as follows
-
To expand awareness and continue fundraising activities.
-
Continue the existing medical facilities and further improvements in Maternity services.
-
The Dialysis services are now fully operational and some other services have been added.
-
Annual International Hernia camp is continue to take place every year after the COVID 19 break.
Structure, Governance, and Management
The trust deed provides for a minimum of 6 trustees. According to our governing document where there is a requirement of new trustees these would be identified and appointed by a resolution of remaining trustees.
The trust deed provides guidance for the induction of any new trustee, which involves awareness of a trustee’s responsibilities, the governing document, administrative procedures, the history and philosophical approach of the charity.
A sub committee (executive council) was nominated by the trustees to support the various activates of the trust in order to achieve the aims and objectives efficiently.
2
Achievements and performance
During the year, the hospital continued to provide the health care facilities to the visiting patients of the area. The doctors and nurses were at full capacity and provided services at full strength to the members of the public. The number of patients continued to rise during the year. The hospital provided treatment to patients which required services such as maternity, x-rays, blood tests, pharmacy services, Orthopaedic and ENT services as well as general medical advice and minor treatments.
Financial review
The trust managed to raise around £31,065. In order to maximize the availabilities of funds for the hospital and provision of the facilities.
A total of £56,000 was transferred to Pakistan for the charitable purposes at the hospital. The trust spent this money for the running of the hospital and developing better facilities to the patients visiting the hospital. At the end of this financial year the balance in the trust’s reserve stood around £57,621.
Future Plan
We continued to expand the services at the hospital such as Maternity and Dialysis. The Dialysis centre continue expend year on year and some new staff are being recruited for this purpose.
Statement of trustee’s responsibilities
Charity law requires the trustees to prepare financial statements for each financial year, which show a true and fair view of the state of affairs of the charity, and its financial activities for that period. In preparing those financial statements, the trustees are required to:
-
Select suitable accounting policies and then apply them consistently
-
State whether applicable accounting standards and statements of recommended
-
Practice have been followed, subject to any departures disclosed and explained in the financial statements; and
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Independent Examiner
The trustees have asked Mr. Ikram Mussadaq of Star Accountancy Services UK limited to under take the independent examination of the trust financial statements.
Signed on behalf of the trustees
Mr. Atiq-ur Rehman Chair of trustees 11[th] July 2024
3
Independent examiner’s Report to the Trustees of Abdul Rehman Memorial Trust (ARM Trust)
I report on the accounts of the Trust for the year ended 30th June 2024, which are set out on pages 5 to 7.
Respective Responsibilities of Trustees Examiner
The charity’s trustees consider an audit is not required for the year (under s43 (2) of the Charities Act 1993 (the Act)) and that an independent examination is needed.
It is my responsibility to
-
Examine accounts (under s43 (3)(a) of the 1993 Act)
-
Follow the procedures laid down in the General Directions given by the Charity Commissioners (under s43 (7)(b) of the 1993 Act) and
-
To state whether particular matters have come to my attention
Basis of the examiner’s report
My examination was carried out in accordance with the General Directions given by the Charities 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 trustees concerning 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 opinion on the view given by the accounts.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention
-
Which gives me reasonable cause to believe that in any material respect requirements
-
To keep accounting records in accordance with section 41 of the Act; and
-
To prepare accounts which accord with the accounting records and to comply with the accounting requirement of Act
Have not been met; or
- To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Ikram Mussadaq
Mr Ikram Mussadaq Star Accountancy Services UK Ltd, 26 Hill Street, Lye, Stourbridge, West Midlands, DY9 8TL.
4
Abdul Rehman Memorial Trust (ARM Trust)
Income & Expenditure Account for the year ended 30th June
| 2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Income resources | ||||
| Incoming resources from generated | funds | |||
| Voluntary income: Donations |
(Note 2) | 31,065 | 33,488 | |
| Resources expended | ||||
| Charitable expenses | 56,000 | 51,000 | ||
| Fund raising function costs | 00 | 00 | ||
| Other charitable expenses | 00 | 00 | ||
| Bank Charges | 406 | 341 | ||
| Depreciation | 1,720 | 1,911 | ||
| ------------ | (58,126) | ------------ | (53,252) | |
| ----------- | ------------- | |||
| Net income/(losses) for the year | (27,061) | (19,764) | ||
| ====== | ======= |
Notes to the Accounts;
1. Accounting policies
-
a) The accounts have been prepared on the historic cost convention.
-
b) The accounts are in accordance with applicable accounting standards, the Charities SORP 2005 (Accounting and Reporting by Charities) and comply with the Charities (Accounts and Reports) Regulations 2005 issued under the Charities Act 1993.
2. Donations:
The donations received during 2024 were from various fundraising events and appeals and gift aid claims amounted to £31,065.
5
3. Taxation
The Trust is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for the charitable purposes.
4. Related party transactions
None of the trustees were paid any remuneration or expenses by the charity during the year.
5. Tangible fixed assets
Analysis of charity’s tangible fixed assets:
| Land & Buildings | P & M | F & F | Total | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Cost | ||||
| At 1st July 2023 | 969,010 | 155,094 | 36,769 | 1,160,873 |
| Additions | 00 | 00 | 00 | 00 |
| Less Disposals | 00 | 00 | 00 | 00 |
| ------------ | --------- | ---------- | ------------- | |
| At 30thJune 2024 | 969,010 | 155,094 | 36,769 | 1,160,873 |
| ======= | ====== | ====== | ======= | |
| DEPRECIATION: | ||||
| Land & Buildings | P & M | F & F | Total | |
| £ | £ | £ | £ | |
| Bal. at 1st July 2023 | 00 | 140,501 | 34,159 | 174,660 |
| Charge for the year | 00 | 1,459 | 261 | 1,720 |
| Less Disposals | 00 | 00 | 00 | 00 |
| ------------ | ----------- | ---------- | ------------ | |
| At 30thJune 2024 | 00 | 141,960 | 34,420 | 176,380 |
| ======= | ====== | ====== | ======= | |
| WDV at 30/06/24 | 969,010 | 13,134 | 2,349 | 984,493 |
| ======== | ====== | ====== | ======= | |
| WDV at 30/06/23 | 969,010 | 14,593 | 2,610 | ,986,213 |
| ======== | ====== | ====== | ======= |
6
Abdul Rehman Memorial Trust
Balance sheet as at 30th June
| FIXED ASSETS; | 2024 | 2023 | |||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Tangible assets | (Note 5) | 984,493 | 986,213 | ||
| ------------- | -------------- | ||||
| 984,493 | 986,213 | ||||
| Current Assets; | |||||
| Cash in Hand & in Bank | 57,621 | 87,962 | |||
| ----------- | ------------ | ||||
| 57,621 | 87,962 | ||||
| Less Current Liabilities; | |||||
| Creditors | 00 | (00) | |||
| -------- | 57,621 | 87,962 | |||
| -------------- | ------------- | ||||
| Net current assets | 1,042,114 | 1,074,175 | |||
| Less Long term liabilities | 50,000 | 55,000 | |||
| --------- | (50,000) | ------------ | (55,000) | ||
| ------------- | -------------- | ||||
| Total Assets less | Liabilities | 992,114 | 1,019,175 | ||
| ======= | ======== | ||||
| Represented by: | |||||
| Accumulated Fund | as at 1st July | 2023/2022 | 1,019,175 | 1,038,939 | |
| Net Profit/(loss) for | the year | (27,061) | (19,764) | ||
| -------------- | -------------- | ||||
| 992,114 | 1,019,175 | ||||
| ======== | ======== |
7