2020-12-31-accounts

Objectives and	Activ	itie	s
			SORP reference
Summary ofthe purposes		of	Para 1.17
the charity as set out	in its			General	Charitable	Purposes
overnin document
Summary ofthe main activities in relation to those			Para 1.17and 1.19	Funding	of Other UK Registered		Charities
purposes for the public
benefit, in particular,	the
activities, projects or
services identified in	the
accounts.
Statement confirming			Para 1.18	Trustees have had		regard to the	guidance
whether the trustees	have			issued	by the Charity Commission		on
had regard to the guidance				public benefit
issued by the Charity
Commission on public
benefit

				SORP reference
Policy on	grant making			Para 1.38	Trustees	have reviewed policy in this area
					following	recent injection of Funds and are
					currently	funding other UK Registered
					Charities	who operate with consistent
					ob ectives as own
Policy on	social investment			Para 1.38	Trustees	continue to review policy in this
including	program		related		area . From funds previously introduced		a
investment					Managed	Investment Fund has been
					created which supports ongoing
					expenditure and pledges as determined
					consistent	with aims and objectives of
					the charit	at this time
Contribution		made	by	Para 1.38	None at present
volunteers
Other

chievements and Per	formance
	SORP reference
Summary ofthe main
achievements ofthe charity, identifying the difference the	Para 1.20	Trustees continue to review policy in this area . From funds previously introduced			a
charity's work has made to		Managed	Investment held the	Charity has
the circumstances of its		been able	to support donation	to other UK
beneficiaries and any wider		Charities	whose activities are	deemed
benefits to society as a		consistent	with its own at this	time, and	for
whole.		the foreseeable future .

Achievements	Achievements	against	Para	1.41	Trustees continue to review policy in this
objectives set					area . From funds previously introduced	a
					Managed Investment held the Charity has
					been able to meet its aim of supporting
					other UK Charities whose activities are
					deemed consistent with its own at this time
Performance		of fundraising			The Trust is in receipt previous requests
activities against objectives					and funding from Tejani Family Members	.
set			Para	1 41	These funds have been Invested or utilised
					in making onward donations to UK
					Registered Charities as noted above
					Trustees have placed surplus funds with
Investment	performance		Para	141	Investment managers [ Tilney ] to enable
against objectives					funds to be maintained to cover future
					activities
Other

inancial Review	inancial Review
Review ofthe charity's			Para 1.21	Trustees consider financial			position	at end
financial position at	the end			of period are acceptable		and support a
ofthe period				review of policy	in relation		to future	giving
				and investment	olic
Statement explaining	the		Para 1.22	Trustees hold sufficient		reserves and
policy for holding reserves				investments to support		pledges made			in
stating why they are	held			line with existing	aims and		objectives for
				the foreseeable	future.
Amount of reserves	held		Para 1.22	See Accounts
Reasons for holding	zero		Para 1.22	Not applicable
reserves
Details offund materially		in	Para 1.24	Not applicable
deficit
Explanation of any			Para u23	Not applicable
uncertainties about the
charity continuing as a going
concern

concern
Additional	information	(optional)
You ma choose to include further statements				where relevant about:
The charity's principal sources offunds (including			Para 1.47	Bequests from and donations from Tejani Family Members
any fundra	ising)
Investment objectives	policy and including any		Para 1.43	Trustees continue to review policy in this area and adopt an investments policy
social investment policy				which is consistent with	the aims and
adopted				objectives ofthe Charity	and pledges made
				to date.
A description ofthe principal			Para 1.46	The only risk facing the	charity at this time
risks facing	the charity			is investment risk to Trust capital
Other

Description ofcharity's
trusts:
Type of governing document		Para	1.25	Trust Deed (31 August 2005 )
itiust cieed ro al chaitei)
How is the charity		Para	1.25	Trust
constituted?
ie g unincoiporated
association CIO)
Trustee selection methods		Para	1.25	Trustee Resolution
including details ofany
constitutional provisions	e.g.
election to post or name	of
any person or body entitled
to appoint one or more
trustees
Additional information	(optional)
You ma choose to include further statements				where relevant about:
Policies and procedures
adopted for the induction		Para	1 51
and training oftrustees
The charity's organisational
structure and any wider		Para	1 51
network with which the
charity works
Relationship with any related		para151
parties
Other

Charit	name			The Sharif Te'ani	Charitable	Trust
Other name the charit			uses
Re istered charit		number		1119604
Charity's	principal	address		SNK Investments	LLP
				Unit 3 Nursery Court
				Kibworth Business	Park
				Kibworth
				Leics LE8 OEX

mes	ofthe charity tru	ofthe charity tru	stees who manage	the charity
	Trustee name		Office (ifany)	Dates acted ifnot for whole year	Name of person (or body) entitled to appoint trustee (ifan )
	Amirali	Sharif
	Tejani
	Shirazali	Sharif
	Dharamshi
	Salim Dharamshi
	Tejani
	Karimali	Sharif
	Tejani
	Nazirally	Sharif
	Tejani
	Sultanali	Sharif
	Tejani
7
8
9
10
11
12
13
14
15
16
17
18
19
20

Funds held as cust	odia	n trustees
Description ofthe assets		None
held in this capacity
Name and objects ofthe		Not applicable
charity on whose behalf	the
assets are held and how	this
falls within the custodian
charity's objects
Details of arrangements	for	Not applicable
safe custody and
segregation ofsuch assets
from the charity's own
assets

Ty eofadviser	Name	Address
Bookkeeper(t	lan DWaring	SNK Investments		LLP		Unit 3 Nursery		Court
Charity Contact		Kibworth	Business	Park,		Kibworth,	Leics, LE8 OEX
Independent	Debra Knighton	Spencer	Gardner	Dickins
Examiner		3Coventry Innovation			Village
		Cheetah	Road
		Coventry
		CV1 2TL

n CHARITY COMMI55(ON FOR ENGLAND AND WALES	n CHARITY COMMI55(ON FOR ENGLAND AND WALES	n CHARITY COMMI55(ON FOR ENGLAND AND WALES	THE SHARIF TEJAN)	THE SHARIF TEJAN)	CHARITABLE TRUST Annual accounts	CHARITABLE TRUST Annual accounts	CHARITABLE TRUST Annual accounts	CHARITABLE TRUST Annual accounts	for the	Chanly if an eriod	No	,'1119604	,'1119604	,'1119604
			Period start date			01/01/2020			To	Penod end date		!	31/12/2020
					Q
					ls0c			Restricted
Recommended categories		by			'0	Unrestricted			income	Endowment					Prior year
activity			SGD File	ref:	(0		funds		funds	funds			Total funds		funds
							E		E	F			E		E
Incoming resources (Note	3)						F01		F02	F03			F04		F05
Income and endowments from:
Donations and legumes			D3.1		501		85	000					85	000	25	000
Chantable activities					902
Other trading activities					303
Investments			D31		304		11,934						11,934		15,665
Separate matenal item ofincome					S05
Other					305
Total					307		96934						96,934		40	665
Resources expended (Note		6)
Expenditure on:
Raising funds					309
Chantable activities			D3.2		S09		82,	500					82,500		62,500
Separate matenal item ofexpense			D3.2		S10		1,740						1,740			976
Other			D3.2		S11			78						78
Total					912		84	318					84	318	63	554
Net income/(expenditure)	defore		investment
gains/(losses)					313		12,616						12,616		22,889
Net gains/(losses) on investments			F5		314		4,	189					4	189	64	592
Net income/(expenditure)					315		8,427						8,427		41,703
Extraordinary items					315
Transfers detween funds					317
Other recognised gains/(losses):
Gains and losses on revaluation offixed assets			for the chanty's	own use	319
Other gains/(losses)					S19
Net movementin funds					520		8,427						8,427		41,703
Reconciliation offunds:
Total funds brought forward					921		721 230						721	230	679	527
Total funds carried forward					922		729,657						729,657		721,230

Nete1	Nete1	Nete1	Nete1		B	*		HP	HP	P	P			fl
Fbi*				I		*h		Idb					pl		I	dby			P		h	dl
								b		p
												I~		Std				N		fR*						ddP			t	A«	tfg		dRFOgbych			ti
		0
											~		th		UK			dR			p	bl		il		I	d(FR6 102) **				0		163	ly20t4
		d Mh'									th			F	d	d I (FRS			R p 102)				g	0		d	d	ppl	bl	b	U		die	gd	d R	p bi	I
		d		Ih	th	Ch		ti		A	t	2011
FRS		102 '
fffh If llyl pp pfN					~	I 0	Id *			Nil lldi 0fg, pl													p	I		d	Ih	d Ig	Ih1 gdldl*			igili Nl		Id "HI	bt ppli	h hdy' bi Ail
																						N		I	ppli		Dl
																						H		|ppg
				b		.Pl			d	I				Ih		ht						H	t		ppl		bf
Y
N	'
fig	lb				*	*	hy		Pglyi				ylb									0		gp		I	y
	d
P			d	b	I	Ih		*	P				f d			344		FRS			102SORP.
N		h		g**t		«			t	g	d				t	h				«e			d		fh		P	I gy		d(316FRS102SORP)
Y
N
fgth				H		I		yh			g																							NIA
																																		NIA
Hghp						IHINIDHHlfthhg
																																		NIA
N			t		IP		Y				h				b			d		tf		d		th		P	0	gP	d(347FR61020ORP)
Y
N

Note 2				Accounting policies
2.2 INCOME
This standard		istof sccouning po/toes has been app/red by the charity except for those hcked "No" or "N/e" Where s
Ch//crept orsdditronai			po/rcy	has been adopted then the is detsi/ed in /he box below
Recognition		ofincome		These are included in the Statement of Financial Activities (SoFA) when
				the chanty becomes entitled to the resources,
				it is more likely than not that the trustees will receive the resources; and				Yes	No	N/a
				the monetary value can be measured with sufficient reliability.
				1here has been no offsetting ofassets and liabilities, or income and expenses,	unless		required
Offsetting				permitted by the FRS 102SORP orFRS 102.
								Yes	No	N/a
				Grants and donations are only included in the SoFA when the general income	recognition
Grants and donations				cntena are met (5.10to 5 12FRS102 SORP).
				In the case of performance related grants, income must only be recognised to	the extent			Yes	No	N/a
				that the charity has provided the speceed goods or services as entitlement to	the grant
				only occurs when the performance related condibons are met (5 16FRS 102SORP)
Legacies				Legaaes are included in the SOFA when receipt is probable, that n, when there has been grant of probate, the executors have established that there are sufficent assets in the estate and any conditions attached to the legacy are either within the control ofthe chanty orhave been met				lZD
								Yes	No	N/a
Government		grants		The charity has received government grants in the reporting penod
				Gift Aid receivable is included in income when there is a valid declaration from	the donor
Tax reclaims		on		Any Gift Aid amount recovered on a donation is considered to be part ofthat gift and		is		Yes	No	N/a
donations	and gifts			treated as an addition to the same fund as the initial donation unless the donor	or the
				terms ofthe appeal have spemfied othemise
Contractual perfonnance		income related	and	This is only included in the SoFA once the chanty has provided the related goods or services or met the pertormance related conditions
gi'ants
Donated	goods			Donated goods are measumd at fair value (the amount for which the asset could be exchanged) unless imprscbcal to do so
				The cost of any stock ofgoods donated for disbibution to beneficianes is deemed to		be
				the fair value ofthose gifts at the time oftheir receipt and they are recognised	on receipt
				In the reporhng pened in which the stocks are distributed, they are recognised	as an
				expense atthe carrying amount ofthe stocks at distribution
				Donated goods for resale are measured at fair value on inmal recognition, which is the
				expected proceeds from sale less the expected costs ofsale, and recognised	in 'Income
				from other trading acuvrties' with the corresponding stock recognised in the balance
				sheet On its sale the value ofstock is charged against 'income from other trading
				activities' snd the proceeds from sale are also recognised as 'Income from other tradmg
				activities
								Yes	No	N/a
				Goods donated for on-going use by the charity are recognised as tangible fixed assets
				and included in the SoFA as mcoming resources when receivable
				Gifts in kind for use by the chanty are included in the SoFAas income from donations
				when receivable
Donated	services and			Donated services and faalities are included in the SOFA when received at the	value	of		Yes	No	N/a
fscilitiss				the gift to the chanty provided the value ofthe gift can be measured reliably
				Donated services and faolities that are consumed immediately are rerognised	as income			Yes	No	N/a
				with an equivalent amount recognised as an expense under the appropnate heading		in
				the SOFA
Support costs				The charity has incurred expenditure on support costs
Volunteer	help			The value of any voluntary help received is not included in the accounts but is in the trustees' annual report.	descnbed			Yes	No	N/a
Income from royalties and		interest, dividends		This is included in the accounts when receipt is probable and the amount receivable be measured reliably		can		es No N/a CCCI
Income from		membership		Membership subscnpions received in the nature ofa gift are recognised in Donafions				Yes	No	N/a
subscriptions				and I egacies.
				Membership subscriptions which gives a memberthe nght to buy services or other
				benefits are recognned as income earned from the provision ofgoods and services as
				income from chantable activities

Settlement claims	Settlement claims	ofinsurance	ofinsurance	Insurance claims are only included in the SoFA when the general mcome recognibon cnteria are met (5.10to 5 12FRS102SORP) and are included as an item ofother income m the SoFA		Yes	No	N/a
Investment losses		gains and		This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value atthe end ofthe		Yes	No	Nis
				year.
2.3 EXPENDITURE				AND LIABILITIES
Liability	recognitlon			Liabilities are recognised where it is more hkely than not that there is a legal or		Yes	No	Nis
				constructive obligation committing the charity to pay out resources and the amount ofthe
				obhgation can be measured with reasonable certainty.
Governance costs			and support	Support costs have been allocated between governance costs and other support Governance costs comprise ag costs involving pubhc accountabrhty ofthe chanty and Its compliance with regulation and good practice		es No N/a lZD
				Support costs indude central functions and have been allocated to aaivity cost		Yes	No	Nis
				categones on a basis consistent with the use ofresources, eg allocating property costs
				by floor areas, or per caprta, staff costs by the time spent and other costs by their usage
Grants with conditions		performance		INhere the charhy gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recogmsed m the SoFAonce the reaprent ofthe grant has provided the specified sennce or output.		es	No	N/a
Grants payable without performance conditions				Where there are no conditions attaching to the grant that enables the donor chanty to reahsticagy avoid the commitment, a habrkty for the full funding obhgation must be recognised		Yes	No	Nis
Redundancy			cost	The charity made no redundancy payments dunng the reporting penod		Yes	No	Nis
Deferred	income			No matenal item ofdeferred income has been included in the accounts.		Yes	No	N/a
Creditors				The chanly has creditors which are measured at settlement amounts less any trade discounts
Provisions		for liabilities		A liabiliiy is measured on recognition at its hrstoncal cost and then subsequently measured at the best estimate ofthe amount required to settle the obirgation at the		Yes	No	N/a
				reporting date
Basic financial instruments				The chanty accounts for basic frnanaal instruments on Initial recognition as per paragraph 107 FRS102SDRP Subsequent measurement is as per paragraphs 1117 to 11 19,FRS102SORP		Yea	No	Nrs
2O4 ASSETS
Tangible	fixed assets for			These are capitalised ifthey can be used for more than one year, and cost st least
use by charity						Yes	No	N/a
				They are valued at cost
				The depreciation rates and methods used are disclosed in note 92.
Intangible	lixed assets			The chanty has intangible fixed assets, that rs, non-monetary assets that do not have physical substance but are identifiable and are controlled by the chanty through custody or legal nghts The amorbsatron rates and methods used are drsdosed in note 95		lZ?l
						Yes	No	N/a
				Ihey are valued at cost
Heritage	assets			The chanly has heritage assets, that is, non-monetary assets with histonc, arbstrc
				saentific, technological, geophysical or environmental quahties that are held and
				maintained pnncipafiy for their contribution to knowledge and culture. The depreciation
				rates and methods used as disclosed m note 95 1 4
						Yes	No	N/a
				They are valued at cost.
Investments				Fixed asset investments m quoted shares, traded bonds and similar investments are
				valued at rmtiagy at cost and subsequently at fair value (their market value) at the year		Yes	No	Nia
				end The same treatment rs applied to unlisted Investments unless fair value cannot be
				measured reliably in which case it is measured at cost less impairment
				investments held for resale or pending their sale and cash and cash equivalents with a		Yes	No	N/a
				matunty date ofless than I year are treated as current asset investments
Stocks and		work in		Stocks held for sale as part of non chants bie trade are measured at the tower or cost or	net	Yes	No	N/a
progress				realrsable value
				Goods or services provided as part ofa chantable activity are measured at net realisable	value	Yes	No	Nra
				based on the service potential provided by Items ofstock
						Yes	No	N/a
				Work in progress is valued at cost less any foreseeable loss that Is likely to occur on the	contract
				Debtors (rncludrng trade debtors and loans receivable) are measumd on initial recogmtion	at
Debtols				settlement amount after any trade discounts or amount advanced by the chanty Subsequently
				they are measured atthe cash or other consideration expected to be received

Current asset	investments	The charity equivalents equiva/ants	has has investments with a matunty date with a matunty date	which it holds for resale or pending their sale snd less than ona year t hase include cash on deposit ofless than one year held for investment purposes	which it holds for resale or pending their sale snd less than ona year t hase include cash on deposit ofless than one year held for investment purposes	which it holds for resale or pending their sale snd less than ona year t hase include cash on deposit ofless than one year held for investment purposes	which it holds for resale or pending their sale snd less than ona year t hase include cash on deposit ofless than one year held for investment purposes	cash and cash and cash rather than to	Y	No	N/a
		meet short	term cash commitments as		they fall due
									Yes	No	N/a
		They are valued at fair value except where they qualify as basic gnancial					instruments
POLICIES ADOPTED
ADDITIONAL	TO OR
DIFFERENT	FROM
THOSE ABOVE

Note 3					Analysis	Analysis	of	of	income	income	income
														Umtitd	nstntd	Edo	I
						Anal		sis
Donations		Donations			and	rgs								68 000				68 000	20000
and legacies:		G/0 Ad												17000				17000	5000
		Le acies
		General	grants provided						by government/other
		charities
		Membersh/p			subscnptions					and sponsorships
		wh/ch are		in substance				donabons
		Donated	goods.			faolitns			and		services
		Other
													Total	85.000				85,000	25,000
Chantable
activities:
		Other
													Total
Other trading
activities:
		Omar
													Total
Income from		Interest rncome																10	23
investments:		Divrdend		income										11924				11924	15642
		Rental and			leasin	income
		Omar
													Total	11,934				11934	15 865
Separate
material	item
ofincome:
													Total
Dtner:		Conversion			ofendowment					funds		into income
		Gain on disposal				ofa	tangible				fixed asset		held
		for chanty's			own	use
		Gain on disposal				ofa	programme					related
		rnvestmenl
		Roysnies		from the exploitation							of	intellectual
		ro arty	n		hts
		Other
													Total
TOTAL INCOME														96934				96934	40665
Other information:
Aa income in the prior year					was unrestricted					except for:
(please provide		description			and amounts)
Where any endowment fund rs converted									mto		mcome in the
reporting	period, please give the					reason		for		the conversion,
Within the income items above the following										items		are
materiel	(please disclose			the nature,			amount				and	any prior
year amounts)

was paid p	lease en	ter '0	'in the appropriate box(esJ.
							This year	Last year
							E	E
Independent	examiner's		fees
							1740	976
Assurance	services	other than audit or independent		examination
Tax advisory fees
Other fees	(for example:		financial advice, consultancy,		accountancy	services) paid
to the independent		examiner

					Cash 5cash equivalents	Listed investments	Investmsnl properties	Social investments	Omar	Total
Carping (fair) va/ue at		beginmng		of	720.725					720,725
pened
Add: additions	to investments		during		79,934					79,934
period'
Less: dispose/s at carrymg value
Less: impairments
Add: Reversal	ofimpairments
Add/(deduct)	transfer	in/(out)	m	the	65,000					65,000
penod
Add/(deducth	net gain/(loss)		on		4,189					4,189
revaluaxon
Carry/ng (fair) value at		end of	year		731,470					731,470

17.4 please provide a breakdown	17.4 please provide a breakdown	of	of	current	current	current	asset investments,	ifapplicable,	agreeing	with the
balance sheet.
Analysis of current asset								This year		Lastyear
investments
Cash or cash equivalents
Listed investments
Investment properties
Social investments
Other investments
Total
17.5Guarantees
Please provide details and	amount of	any
guarantee made to oron behalf ofa third					party
Name ofthe entity or entities benefitting					from
those guarantees
Please explain how the guarantee furthers						the
charity's aims
17.6Concesstonaty loans
								Descriplion		This yearE	LastyaarE
Amount of concessionary	loans made	(maniple
loans made may be disclosed	rn aggregate			provided
tnaf such aggregation does not coeur signdicanr
information)
							Torsi
								Dsscrrption		This years	Lastyearf.
Amount ofconcessions ry	loans recewed
plfultiple loans received may	be disclosed		in
aggngate provided raal such	aggregation		does nor
oaaum signirlcanlinf rm rionk
							Terat
Terms and conditions eg interest rifle,			security
provided
Value ofany concessionary	loans which				have
been committed but not taken up at the				reporling
date
Amounts payable within I	year
Amounts payable after more than I year
Amounts receivable within	1 year
Amounts receivable after more than I		year
17.7Additional informabon
Please provide information	about the
significance ofinvestments	to the charity's
financial position or performance eg.		terms and
conditions ofloans or the	use of hedging					to
manage financial risk
For ag investments measured at fair value,						the
basis for determining the value, including						any
assumptions applied when	using a valuation
technique
Where a charity has provided financial			assets as
a form ofsecudity, the carrying amount				of		the
fmanmal asset pledged as	security and			the terms
and conditions relating to	its pledge.

Note	24	Cash	at bank and in hand
						This year f	Last year f
Short	term cash investments		(less than 3months	maturity	date)
Short	term deposits
Cash	at bank and on	hand				827	1,405
Other
Total						827	1,405