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COMPANY REGISTRATION NUMBER: 05898517 CHARITY REGISTRATION NUMBER: 1119530
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GIVE US A LIFT
Company Limited by Guarantee Unaudited Financial Statements | 31 August 2023
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GIVE US A LIFT
Company Limited by Guarantee
Financial Statements
Year ended 31st August 2023 Page Trustees’ annual report (incorporating the director's report) 3 Independent examiner's report to the trustees 6 Statement of financial activities (including income and expenditure account) F Balance Sheet 8 Notes to the financial statements 10
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GIVE US A LIFT
Company Limited by Guarantee
Trustees’ Annual Report (Incorporating the Director's Report)
Year ended 31st August 2023
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 August 2023.
Reference and administrative details
| Registered charityname: | GIVE USA LIFT |
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| Charity registration number: | 1119530 |
| Company registration number: | 05898517 |
| Principalofficeandregisteredoffice:7PeverelClose,Cambridge,England, |
Cambridge England, CB5 8RW
| The | Trustees: | ° | MrAbdul | Abdul Jalil —Trustee |
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| Mr | Aminul Islam — Director | |||
| Mr | Abuboker Siddique | |||
| Mr | WilliamLeslieSinclair |
The directors, who are trustees for the purposes of charity law, have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Commission. Mr Abdul Jalil and Mr Aminul Islam are the directors and the trustees of the company and Mr Abuboker Siddique and Mr William Leslie Sinclair are the trustees of the company.
Independent Examiner Mahbub Murshed AFA ICPA 388-390, Romford Road London E7 8BS
- Structure, governance and management
Governing Document
he Charity is constituted as a company limited by guarantee and is therefore governed by its Articles of Association and the Trust deed.
Appointment of trustees
All members are requested to send nomination of trustees (directors) prior to the election day and are informed of the outgoing directors. Voting is by ballot and is supervised by two independent commissioners appointed by the board.
Trustee induction and training
New trustees are briefed on their legal obligation under charity and company law, the content of Memorandum and Articles of Association, the committee and decision making processes and recent financial plan of the charity. This ensures that new trustees are aware of the scope of their responsibilities
Organisation
The board of trustees administer the charity. The board meets regularly and is assisted by a management committee which is elected by members to assist the board in day to day operations covering religious functions. education of all age groups, supervising maintenance and renovation work, collection of funds and other matters arising from time to time. All the trustees and the management committee give their time freely and receive no remuneration or other financial benefits.
Risk Management
The charity trustees have considered the major risks to which the charity is exposed and have reviewed those risks and steps have been taken to address those risks as follows:
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1) Health and safety discussion at Board Meetings.
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2) Financial policies and cash flow discussions with the bankers and frequent discussions with members.
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3) Security and protection of property, staff, volunteers, students and congregation with the police, security firm, and insurance brokers.
Objectives and activities
The Charity's object and its principal activity continues to be that of providing education to the disadvantaged children in poor countries ,relieving sickness and providing emergency relief to the poor countries. The Charity is organised so that the board of directors, who are the Trustees of the Company, meet regularly in order to manage its affairs as there is no full-time administrator.
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Achievements and performance
There has been an increase in the performance of the charity during the year. Total donation received during the year was £70,048. Eighty percent of the donation after the expenses will be
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given to Central Cambridge Mosque Trust and twenty percent of the donation will be retained by the charity to support community outreach program. Overall, the trustees consider the performance of the Charity this year is satisfactory.
Financial review
The net deficit during the year amounted to £27,622. The directors consider the financial position of the Charity, as shown in the Financial Statements, is good.
The donation received for the year is less than last year and the charity donated in the other charitable causes from the reserve which in turn result in the net deficit for the year.
Plans for future periods
The aims of GIVE US A LIFT include to update the charitable object to collaborate with UK institutions and provide support for projects and community developments in UK and to provide educational support services in the local community.
By updating the objectives Give Us A Lift will be able to provide support other UK institutions and can expand its activities to provide help to the wider community.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies’ exemption. The trustees’ annual report was approved on 15" September 2023 and signed on behalf of the board of trustees by:
Aminul Islam
Director
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GIVE US A LIFT
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Company Limited by Guarantee
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Independent Examiner's Report to the Trustees of GIVE US A LIFT
Year ended 31st August 2023
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| report to the trustees on my examination of the financial statements of Give Us A Lift for the
year ended 31st August 2023.
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Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5){b) of the 2011 Act.
Independent examiner's statement
| have completed my examination. | confirm that no matters have come to my attention in
connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
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the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the
: Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of theMahbubnashed AFA ICPA ; Independent Examiner
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GIVE US A LIFT Company Limited by Guarantee Statement of Financial Activities
(including income and expenditure account)
Year ended 31st August 2023
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|---|---|---|---|---|---|---|
|2023|2022|
|Unrestricted|Restricted|Total funds|Total funds|
|Fund|Fund|
|Note|£|£|£|
|Income|and|endowments|
|Donations and legacies|5|70,048|“|70,048|95,486|
|Total income|70,048|-|70,048|95,486|
|Expenditure|
|Expenditure|on|raising funds:|
|Costs|of|raising|donations|and|
|legacies|6|4,659|4,659|46,947|
|Expenditure on charitable activities|7|1,616|1,616|3,413|
|Donation|8|91,395|91,395|
|Total expenditure|97,670|97,670|50,360|
|Net income|(27,622)|2|(27,622)|45,126|
|Other recognised|gains and|losses|
|GainsNet movementfrom|revaluation in fundsof fixed|assets|(27,622)|-|(27,622)|45,126|
|TotalReconciliation funds brought forwardof funds|57,952|-|57,952|12,826|
|Total funds carried forward|30,330|-|30,330|57,952|
|The statement of financial|activities|includes|all gains and losses recognised|in the year.|All|
|income|and expenditure|derive from continuing|activities.|
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|Company|Limited|by|Guarantee|
|Balance|Sheet|
|315t August|2023|
|2023|2022|
|Note|£|£|£|
|Fixed|assets|
|Total|fixed|assets|-|-|
|Current|assets|
|Debtors|12|-|-|
|Cash|at bank|and|in|hand|31,170|58,792|
|Creditors:|amounts|falling|due|within|one|year|
|Other creditors|including taxation|and|social|security|13|-|(-)|
|Accruals and|deferred|income|13|(840)|(840)|
|Total|creditors|30,330|57,952|
|Net current|assets|30,330|57,952|
|Total|assets|less current|liabilities|30,330|57,952|
|Net assets|30,330|57,952|
|Funds|of the|charity|
|Restricted|income|funds:|
|Revaluation|reserve|-|500|
|;|Other|restricted|income|funds|-|-|
|Unrestricted|funds:|
|Revaluation|reserve|.|-|
|Other|unrestricted|income|funds|30,330|57,952|
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|Total|unrestricted|funds|30,330|57,952|
|Total|charity funds|14|30,330|-|30,330|
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Company Limited by Guarantee Statement of Financial Position (continued)
315t August 2023
For the year ending 31st August 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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© The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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° The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies’ subject to the small companies’ regime.
These financial statements were approved by the board of trustees and authorized for issue on 15% September 2023 , and are signed on behalf of the board by:
Aminul Islam
Director
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Notes to the Financial Statements Year ended 31st August 2023
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GIVE US A LIFT
Company Limited by Guarantee
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General information The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 24 Molewood Close, Cambridge, CB4 3SR.
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Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
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Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions No cash flow statement has been presented for the company.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their
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expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot’be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
The charity has no tangible assets during the year.
Investments
Unlisted equity investments are initially recorded at cost, and subsequently measured at fair value. If fair value cannot be reliably measured, assets are measured at cost less impairment. Listed investments are measured at fair value with changes in fair value being recognised in income or expenditure.
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Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in income or expenditure. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such uniil it is expected that fair value will be reliably measurable on an on-going basis.
4. Limited by guarantee
The Company was incorporated as a company limited by guarantee and not having a share capital. Every member of the company has undertaken to contribute to the assets of the company, in the event of its being wound up while a member, within one year after ceasing to be a member, an amount not exceeding £100.
- Donations and legacies
| Unrestricted | Restricted | Total funds | Total | Total funds | |||
|---|---|---|---|---|---|---|---|
| Fund | Fund | 2023 | Fund | 2022 | |||
| £ | £ | £ | £ | ||||
| Donations | |||||||
| Appeals&donations | 70,048 | - | 70,048 | 95,486 | 95,486 | ||
| Grants | |||||||
| Membership | & nomination fees | ||||||
| 70,048 | - | 70,048 | 95,486 | 95,486 | |||
| 6. | Costs of raising donations and | legacies | |||||
| Event Costs | : | £ | £ | Total Funds | |||
| - | Hall | Hire costs | 4,509 | 4,509 | |||
| - | Other ( Sohail | Gaul) | 150 | 150 | |||
| 4,659 | 4,659 | ||||||
| 4,659 | 4,659 |
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|7.|Expenditure|on|charitable|activities|by fund type|
|Unrestricted|Total funds|Unrestricted|Total funds|
|Fund|2023|Fund|2022|
|£|£|£|E|
|Mosque|maintenance|
|& upkeep|1,016|1,016|2,529|2,529|
|Education|&|religious|service|=|-|-|-|-|
|Humanitarian|Aid|and|Appeals|-|-|-|-|
|Support costs|600|600|884|884|
|1,616|1,616|3,413|3,413|
|8.|Donation|2023|
|Channel|S HM|Queen|Funeral|80,000 food|distribution|1,000|
|Cambridge|Mosque|Trust|81,600|
|Turkey|Syria|Earthquake|Appeal|5,000|
|Just|Giving Orphan|2,600|
|Donation|for needy cause|1,000|
|91,200|
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|9.|Analysis|of support|costs|
|Mosque|Education|Total|Total|
|Management|2023|2022|
|£|£|£|£|
|Communications|and|IT|-|-|-|-|
|General|office|-|-|-|-|
|Finance|costs|-|-|-|224|
|Governance|costs|600|-|600.|660|
|600|-|600|834|
|Support costs|are|allocated|as appropriate|on basis|of staff time. floor area|and|usage.|
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10. Independent examination fees
| 2023 2022 £ £ Fees payable to the independent examiner for: Independent examination of the financial statements 600 600
11. Staff costs
There were no staff costs during the year.
No employee received employee benefits of more than £60,000 during the year (2021: Nil).
12. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
- Debtors 2023 2022 . £ £ Prepayments and accrued income - 7
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13. Other creditors including taxation and social security falling due within one year
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Social security and other taxes | - | - |
| Pension Contributions to Smart Pensions | - | - |
| Othercreditors | 840 840 |
840 840 |
The other creditors represent Independent examiners fee of £600.
14. Analysis of charitable funds
Unrestricted funds
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At 1% September Gains At 31°
2022 Income Expenditure andLosses August 2023
£ £ £; ie £
General funds 57,952 70,048 (97,670) (27,622) 30,330
57,952 70,048 (97,670) (27,622) 30,330
Restricted funds
At 15' September Income Gains At 315%
2022 and Losses August 2023
£ £ £ f £
General Fund - - - -
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