2024-12-31-accounts

| CHARITY COMMISSION FOR ENGLAND AND WALES

Trustees’ Annual Report for the period

From 01 January 2024 Period start date To 31 December 2024 Period end date

Charity name: The Sharif Tejani Charitable Trust

Charity registration number: 1119604

Objectives and Activities

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a
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a
Summary ofthe purposes of		Para 1.17
the charity as set out in its		General Charitable Purposes
governing document
Summary ofthe main activities in relation to those		is 1.17and ~
purposes for the public		and parties in general need
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

Additional information (optional)

Additional information (optional)	Additional information (optional)	Additional information (optional)	Additional information (optional)
You may choose to include further statements where relevant about: SOR referenceTO
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
			objectives as own and parties in special
			need
Policy	on social investment		para 1.38
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 charity at this time
Contribution made by		Para 1.38	None at present
volunteers

POther

Achievements and Performance

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|||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |a|i| |Summary|of the|main| |achievements|of the|charity,|Trustees|continue|to|review|policy|in|this| |identifying|the|difference the|||Par|1.20|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|donations|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|.|

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Additional information (optional) You may choose to include further statements where relevant about:

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |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|and|parties|in|special| |need|as|noted|above| |Trustees|have|placed|surplus|funds|with| |Investment|performance|Para|1.41|Investment managers[Tilney|[]]|[to]|enable| |against|objectives|funds|to|be|maintained|to|cover|future| |activities| |Ce|ee|

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Financial Review

Review of the charity’s	Para 1.21	Trustees considerfinancial position atend
financial position at the end		of period are acceptable and support a
ofthe period		review ofpolicy in relation to future giving
		and investment polic
Statement explaining the	Para 1.22	Trustees hold sufficient reserves and
policy for holding reserves		investments to support pledges made in
stating whythey are heid		line with existing aims and objectives for
		theforeseeable future.
ee See reserves deficit
Explanation ofany	Para 1.23	Not applicable
uncertainties about the
charity continuing as a going
concern

Additional information (optional} You may choose to include further statements where relevant about:

|The charity’s principal
sources offunds (including | Pa" 1.47|The charity’s principal
sources offunds (including | Pa" 1.47|Bequests from and donationsfrom Tejani
FamilyMembers| |---|---|---| |any fundraising)||| |Investment policyand
objectives including any|Para 1.46|Trustees continue to review policy in this
area and adoptan investments policy| |social investment policy||which is consistent with the aims and| |adopted||objectives of the Charity and pledges made| |||fo date.| |A description ofthe principal | Para 1.46||The only riskfacing the charity atthistime| |risks facing the charity||is investment risk to Trust capital| |mePf|||

Structure, Governance and Management

trusts:
Type ofgoverning document		Trust Deed ( 31 August2005 )
How isthecharity :	Para 1.25	Trust
constituted?
Trustee selection methods	Para 1.25	Trustee Resolution
including details ofany
constitutional provisions e.g.
election to post orname of
any person or body entitled
to appoint one or more
trustees

Additional information (optional)

You may 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	Pana 194
network with which the
charityworks
Relationship with any related	Para 1.51
parties
Sa	a
Reference and Administrative details
	The Sharif Tejani Charitable Trust
Othernamethechariyuses	Registered charity number
Charity’s principal address	SNK Investments LLP
	Unit 3 Nursery Court
	Kibworth Business Park
	Kibworth
	LeicsLE8OEX

Names ofthe charity trusteeswhomanage the charity
‘sae[OO Dharamshi
ee Tejani
‘gee[OT Tejani‘ee Tejani9a Tejanii
2
a
2
Me
aQ
1
1 CG
iwey
1
1
1
2

Corporate trustees — names of the directors at the date the report was approved TS [Diectorname OQ GD a a PO

Name of trustees holding title to property belonging to the charity

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a
aa C
on es
a
a D
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Funds held as custodian trustees on behalf of others

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 ofarrangements for	Not applicable
safe custodyand
segregation ofsuch assets
from the charity’s own
assets

Additional information (optional)

Names and addresses of advisers (Optiona! information)

Type ofadviser	Name	Address
Charity Contact		Kibworth Business Park , Kibworth	, Leics	, LE8 OEX
Independent Examiner	PJ Dymond FCCA	Cheyettes 167London Road Leicester,LE2 1EG

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

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|||||| |---|---|---|---|---| |Signature(s)|.|7|‘| |Full name(s) |Salim|Sharif Dnaramshi Tejani|Karim|Sharif Tejant| |Position|(eg|Secretary, ||Trustee|Trustee| |Chair,|etc)| |Date|I Fuly|2020|:|

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3} FOR ENGLAND ANO WALES wy) asses
01/01/2024 date 31/12/2024
Section A Statement of financial activities
F
Z
8 Restricted
Recommended categories by % Unrestricted income Endowment Prior year
activity 8 funds funds funds Total funds funds
£ £ £ £ £
Incoming resources (Note 3) FO1 F02 FO3 F04 FO5
Income and endowments from:
Donations and legacies soi{__18,750[ —- | = | 18,750] 7,500 |p3.1
Investments sos] 10,284 = | | 10,284 | 7,067 | 3.1
Other soe |ee
Total S07 f..: 20.034 fo. ee Se Oa ABE= |
Resources expended (Note 6)
Expenditure on:
Charitable activities sos|__28,750[ = | | 28,750] 17,500 |03.2
Separate material item of expense so{ 90] | |601,2603.2
Other suf 4 84 143 | 3.2
Total 812 [i 20794 | a me pe BOOS SONI e |
gains/(losses)Net income/(expenditure) before investment $13 |ee - 760 ae= 760 |-eS4,050
Net gains/(losses) on investments si4{___42,206[ | 42,206 | 52,330 |F5
Net income/(expenditure) 15 (. 41aeye A eee a8.288 |
Extraordinary items sof ee
Transfers between funds s7 [oo
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity's own use S18 | og | Ug | ln Ne |
Net movement in funds sol aiaae| = dC «CSC | 488 |
Total fund tciughtocwnc soi| 659,146].-~~«(|~S«YS~CO”S”S~«9,146 | 610,866 |
Total funds carried forward sz} 700,592; - Td 700,592 | 659,146 |
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Section B

Balance sheet

8 o Zz 2 S Unrestricted Total last fa) funds Total this year year £ E £ Fixed assets FO1 FO4 FOS Cd Intangible assets (Note 15) a1 [~~ | Tangible assets «(Note 14), «woz | | Heritage assets (Note16) sos. |S (|[SCY] CC Cd Current assets Total fixed assets os [TU Sap ee Stocks (Notes) ot | Debtors (Note 19) —=—=—_—rciiaiakakalTar investments (Note 17.4) Bos 791,432 791,432 743,942 Cash at bank and in hand (Note 24) Bog 1,380 1,380 1,464 Total current assets 810 792,812 792,812 745,406 Creditors: amounts falling due within one year (Note 20) B11 92,220 92,220 86,260 Net current assets/(liabilities) 812 700,592 700,592 659,146 Total assets less current liabilities B13 P FOO e | POR 659,146 Creditors: amounts falling due after one year (Note 20) B14 Provisions for liabilities le a | Total net assets or liabilities B16 700,592 700,592 659,146 Funds of the Charity Endowment funds (Note 27) B17 - -{| - | Restricted income funds (Note 27) B18 - Ye | Unrestricted funds B19 700,592 700,592 659,146 Revaluation reserve B20 _ : fF Total funds B21 700,592 700,592 659,146 Signed by one or two trustees on behalf of all Date of the trustees Signature Print Name approval dd/mm/yyy) . Q [dy Wi“ Salim S D Tejani 16/07/22/ 7- Karim S Tejani CY aoas

Notes te the accounts

Section C

Note 1 Basis of preparation

This section should be completed by all charities.

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounis.

The accounts have been prepared in accordance with:

• the Statement of Recommended Practice: Accounting and Reporting by Charities

• • and with” preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014

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||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |»|and|with*|the|Financial|Reporting|Standard|applicable|in the|United|Kingdom|and|Republic|of| |and|wi|ireland|(FRS|102)|

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• and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.*

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.
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• -Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the conclusion that the charity is a going concern;

Disclosure of any uncertainties that make the going concern assumption doubtful;

Where accounts are not prepared ona going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

Not applicable

|Not applicable

|Not applicable

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.

Yes” * -Tick as appropriate No*

(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.

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Section C Notes to the accounts {cont)
Note 2 Accounting policies
2.2 INCOME
This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a
different or additional policy has been adopted then this is detailed in the box below.
Recognition ofincome — These are included in the Statement of Financia! Activities (SoFA) when:
the charity becomes entitled to the resources;
. itis more likely than not that the trustees will receive the resources; and Yes No Nia
the monetary value can be measured with sufficient reliability. C= T [| 4j
There has been no offsetting of assets and liabilities, or income and expenses, unless required Yes No Nia
Offsetting or permitted by the FRS 102 SORP or FRS 102. [-yT [ ]
Yes No Nia
Grants and donations are only included in the SoFA when the general income
Grants and donations recognition criteria are met (5.10 to 5.12 FRS102 SORP),. :
In the case of performance related grants, income must only be recognised to the extent Yes No Nia
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP). q
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has Yes No Nia
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the y
charity or have been met.
Yes No Nia
Government grants The charity has received government grants in the reporting period [ [- ] ]
Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims on donor. Any Gift Aid amount recovered on a donation is cansidered to be part of that gift Yes No N/a
donations and gifts and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise. ,
Contractual . Yes No Nia
income and This js only included in the SoFA once the charity has provided the related goods or
performancegrants related services or met the performance related conditions. pS ;
Donated qoods Donated goods are measured at fair value (the amount for which the asset could be Yes No Nia
ated g exchanged) unless impractical to do so. [ | J]
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be Y N N
the fair value of those gifts at the time of their receipt and they are recognised on es o fa
receipt. In the reporting period in which the stocks are distributed, they are recognised ,
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in ‘Income Yes N NF
from other trading activities’ with the corresponding stock recognised in the balance g a
sheet. On its sale the value of stock is charged against ‘Income from other trading
activities' and the proceeds from sale are also recognised as ‘Income from other trading .
activities’.
Yes No Nia
andGoods includeddonatedin thefor SoFAon-going as incoming resourcesuse by the charlty are whenrecognised receivable.as tangible fixed assets Pte
Giftsoo,in kind for use by the charity are included in the SoFA as income from donations; Yes No Nia
when receivable.
Donated services and Donated services and facilities are included in the SOFA when received at the value of Yes No Nia
facilities the gift to the charity provided the vafue of the gift can be measured reliably. [ | [|]
Donated services and facilities that are consumed immediately are recognised as Yes No Nia
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
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Yes No Nia
Support costs The charity has incurred expenditure on support costs. [ [ J]
Volunteer help The. value of any, voluntary help received is not included in the accounts but is described Yes£ No Nia
in the trustees’ annual report.
. aan : as .
royaltiesIncome from and dividendsinterest, Thisbe measuredis included reliably.in the accounts when receipt is probable and the amount receivable can [es | No [|Nia
subscriptionsIncome from membership andMembership Legacies.. subscriptions: receivedeasin the nature of a giftF are recognisedsaein Donations. LIYes No I Nia
Membership subscriptions which gives a member the right to buy services or other es No Nia
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
‘ [ttlement of][ insurance] ; Insurance clalms are only included in the SoFA when the general income recognition Yes No Nia
Slaims income in the SoFA. .
investment gains and This includes any realised or unrealised gains or losses on the sale of investments and Yes No Nia
year.
losses any gain or loss resulting from revaluing investments to market value atthe end of the | | | |
2.3 EXPENDITURE AND LIABILITIES
Liability recognition Liabillties are recognised where it is more likely than not that there is a legal or Yes No Nia
constructivethe obligationobligationcan be measuredcommittingwiththereasonablecharity to paycertainty. out resources and the amount of ;
Governance and support Support costs have been allocated. between. : governance. costs andor other support. . Y ss A) 2 AI 2
t Governance costs comprise all costs involving public accountability of the charity and its
costs compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost Yes No Nia
categories on a basis consistent with the use of resources, eg allocating praperty costs
by floor areas, or per capita, staff costs by the time spent and other casts by their usage. ,
Grants with performance Where the charityshe givesat a grant with. conditionsaye for its. payment being. a specific. level of es No Nia
ditions service or output to be provided, such grants are only recognised in the SoFA once the
conaition recipient of the grant has provided the specified service or output.
Grants payable without Where there are no conditions attaching to the grant that enables the donor charity to Yes No Nia
vormance conditions —‘ealstically avoid the commitment, a liability for the full funding obligation must be
perform HONS recognised. .
Redundancy , , F . Yes No Nia
cost The charity made no redundancy payments during the reporting period. CLL
Deferred income No material item of deferred income has been included in the accounts. roto
- The charity has creditors which are measured at settlement amounts less any trade Yes No Nia
iscounts
Provisions for liabilities | measuredA liability isat measured on the best estimate recognitionof the amountat its historical required costto andsettle then the subsequently obligation at the Yes No Nia
Basic : The charity accounts for basic financial instruments on initial recognition as per
Financial paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 wes No Nia
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2.4 ASSETS
Tangibleuse byby cnarycharit fixed assets for These are capitalised if they can be used for more than one year, and cost at least [| Yes No Nia
They are valued at cost. a
The depreciation rates and methods used are disclosed in note 9.2.
intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not have Yes No Nia
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
es No Nia
They are valued at cost. f [ [|]
Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic, Yes No Nia
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
Yes No Nia
They are valued at cast. [ | J]
Investments Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year Yes No Nia
end. The same treatment is 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 wes No Nis
maturity date of less than 1 year are treated as current asset investments
Stocks and work .in Stocks held for sale as part of non-charitable: trade are measured at the lower or cost or net Yes No Nia
Goods or services provided as part of a charitable activity are measured at net realisable value Yes No Nia
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the Yes No Nia
Debtors (including trade debtors and loans receivable) are measured on initial recognition at © Yes No Nia
Debtors settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received. .
Current asset Thecash charityequivalents has haswith investmentsa maturity date whichlessit hoijds forthan one resale year. or These pendinginclude their cash saleon anddepositcash and and Yes No Nia
investments cash equivalents with a maturity date of less than one year held for investment purposes rather
than to meet short term cash commitments as they fall due.
Yes No Nia
They are valued at fair value except where they qualify as basic financial instruments. [| [|
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
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Note 3 Analysis of income
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prioryear
Anafysis £ £
Donations [Donationsandgifts ==» CTC 5000]
activities: C——C“(‘(‘#RTNCCULSSNRNN ctfee pCi ee Other —“‘s‘“‘SsSCS~dSC ee Totaltte
activities:a ee esee ee ee ee [Other Ci‘e Totaf sfTCT
Incomefrom[interestincome CYCCT 109 investments:
Separate [Ss —“—«é‘idTSSC“Ke materialitem
emayeonue
Otherinformation:
All income in the prioryearwas unrestrictedexceptfor: (pleaseprovidedescriptionandamounts) PF
Whereanyendowmentfundisconvertedintoincomeinthe PF reporting period, pleasegivethe reasonforthe conversion.
Within the income items above the following items are
material: (please disclose the nature,amountandanyprior
yearamounits)

Section C

(cont)

Notes to the accounts

Note 4 Analysis of receipts of government grants

This year Last year Description £ £ Government grant 1 (OO GovernmentGovernmentOther grant grant 2 3 nnneeeeOOee Total|

Please provide details of any unfulfilled conditions and other contingencies attaching to grants that have been recognised in income. Please give defaifs of other forms of government assistance from which the charity has directly benefited.

Section C

Notes to the accounts

(cont)

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Note|6|Analysis|of expenditure| |Restricted| |Unrestricted|income|Endowment| |funds|funds|funds|Totalfunds|Prior year| |Analysis|£|£| |Expenditure|on|[Incurred seeking|donations|a|ee|eee|eee| |incurred|seeking|grants|es|esse| |Operating|membership|schemes|and| |social|lotteries| |Staging fundraising|events|ee|es|Gs| |Fudraising agents|aS| |Operating|a|trading|company| |undertaking|non-charitable|trading| |activity| |publici| |Start|up|costs|incurred|in|generating| |new|source|of future|income| |Other trading|activities|rr|ee|ee|eee|eee| |CostPortfolio|management|costs|asses| |of obtaining investmentadvice|||||||-||[|__|]| |investment administration|costs||---|| |intellectual|-||-||——-~+Y|;|+d| |property|licencingcosts|| =||||CCe|| |maintenance|charges| |Total expenditure onraisingfunds|||-}|]| |onancharitable|Donationsi|to other charitesj|28.750|P||28.750]|17,500| |Toac|t|ivitiesal expenditure on charitable|98 760 ||=]|=]|oe28,750z50|||47500117,500| |Separate|material||Independent Exam|Fees|[ Prev Yr]|||ss|got|Si|ed|4,260| |Total|jp|960T||L880}|1,260| |Other| |Bankcharges|||CT|-|143|| |rree|ee|eee|eee|eee| |eeTotal|Ss| |other|expenditure|CS| |TOTAL EXPENDITURE|||[97eat-]|||28,794]|18,617|

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Other information:

Analysis of expenditure on charitable activities

Grant
Activityor Activitiesundertaken directly funding Support Totalthis Total programme of Costs year prioryear
activities
pee Activity 1 UD
Activity 2Other
A A
Prioryear expenditure on charitable activities
canbeanalysedasfollows:

Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts)

Section C

Notes to the accounts

Note 10 Details of certain items of expenditure

10.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

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||||||||| |---|---|---|---|---|---|---|---| |This|year|Last year| |£|£| |independent|examiner's|fees| |4,260| |Assurance services other than audit or independent examination|PE| |Other fees|(for example:|financial|advice,|consultancy,|accountancy|services)|paid| |to the|independent|examiner|

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Section C

Notes to the accounts

(cont)

Note 17 Investment assets

Please complete this note if the charity has any investment assets.

17.1 Fixed assets investments (please provide for each class of investment)

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Cash & cash Listed Investment Social Total
equivalents |investments} properties | investments °
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Carrying (fair) value at beginning of period Add: additions to investments during period”

Add/(deduct): transfer in/(out) in the period

revaluation

*Please specify additions resulting from

acquisitions through business combinations, if any.

Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees‘ or valuers' best estimate of fair value.

Section C

Notes to the accounts

(cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

Accruals for grants payable Bank loans and overdrafts

Payments received on account for contracts or performance-related grants Accruals and deferred income Other creditors - Loan

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Amounts falling due Amounts falling due after
within one year more than one year
This year Last year This year Last year
£ £ £ £
rr ee eee eee
es ee es
2,220 1,260 P|
90,000 5,000] -| =
Total 92,220] 86,260 |
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Note 21 Provisions for liabilities and charges

Please complete this note ifyou have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.

21.1 Please provide:

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- a brief description of any obligations on the
balance sheet and the expected amount and timing of
resulting payments;
- an indication of the uncertainties about the amount
or timing of those outflows; and
- the amount of any expected reimbursement, stating
the amount of any asset that has been recognised for
that expected reimbursement.
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21.2 Movements in recognised provisions and funding commitment during the period
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Balance at the start of the reporting period
Amounts added in current period
Amounts charged against the provision in the current period
Unused amounts reversed during the period
Balance at the end of the reporting period
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£ £
i a
a ee
a a
i i
i i
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21.3 For any funding commitment that is not recognised asa liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified).

21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure.

Note 24 Cash at bank and in hand

Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other Total

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£ £
a eee
ne i
es
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The Sharif Tejani Charitable Trust

Independent Examiner's Report to the Trustees of The Sharif Tejani Charitable Trust

| report to the trustees on my examination of the financial statements of The Sharif Tejani Charitable Trust (the charity) for the year ended 31" December 2024.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

| report in respect of my examination ofthe charity’s financial statements carried out under section 145 of the Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

independent examiner's statement

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

| understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the financial statements do not accord with those records; or 3. the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

| 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 the financial statements to be reached.

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Pty MA Sy"
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Philip John Dymond FCCA

Cheyettes Ltd

167 London Road Leicester LE2 1EG

Date: 23/07/2025