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← Moroccan Youth UK

2024-03-31-accounts

Moroccan Youth UK

Annual Accounts and Trustees Report 1 April 2023 to 31 March 2024

Charity Number 1120032

Moroccan Youth UK

Year ended 31 March 2024

Contents Page
Trustees Board and Registration 1
Trustees Annual Report 2-3
Independent Examiner's Report 4
Financial Statements and Balance Sheet 5-7

Members of the Trustee Board

Moroccan Youth UK

Registered charity name Moroccan Youth UK
Charity number 1120032
Trustees Monia Saher Zahid (Chairperson)
Badia Barhdadi (Treasurer)
Soraya Hajar Zahid
Majid Hussain
Monir El Khamlichi
Registered Address 5B Burlington Gardens
Acton, London
W3 6BA
Independent examiner Imran Khan
Bankers TSB Bank
London
UK
Attijariwafa Bank
Tetouan

Morocco

- 1 -

Moroccan Youth UK

Trustees annual report

Year ended 31 March 2024

The trustees have the pleasure in presenting their report and the unaudited financial statements of the charity for the year ending 31 March 2024.

Reference and administrative details

Reference and administrative details are shown in the schedule of members of the trustee board and on page 1 of the financial statements.

The trustees

The trustees who served the charity during the year were as follows:

Monia Saher Zahid Badia Barhdadi Soraya Hajar Zahid Majid Hussain Monir ElKhamlichi

Legal Status

Moroccan Youth UK is an unincorporated registered charity and the registered number is 1120032. It is established under a constitution which establishes the object and powers of the charity. Under this constitution, the chair of the trust and all other trustees are appointed, subject to ratification by the five founding trustees.

Principal Activity

The principal activity of the charity continues to be that of providing support to benefit vulnerable people living in poverty in Morocco and to benefit young people living in the UK.

Objectives of the Charity

Our main objectives are:

  1. To advance education and development

  2. To improve the quality of life and help alleviate some of the social issues affecting vulnerable people in Morocco

  3. The promotion of good citizenship for public benefit.

Achievements and performance

For the financial year 2023-2024, Moroccan Youth UK operated in Sefrou and Tetouan, Morocco, as well as the region of Marrakesh in the aftermath of the 2023 earthquake. Activities included:

- 2 -

Moroccan Youth UK

Trustees annual report

Year ended 31 March 2024

With regards to the activities conducted in the aftermath of the 2023 earthquake, Moroccan Youth UK worked with Ihyae Al Khaira foundation in order to distribute the funds accordingly.

Financial review

The trustee board is satisfied with the level of donations received during the year. The charity has not needed to organise any fundraising events for the past few years due to regular donations made directly to the Charity from our previous and current supporters and donors. There was an additional influx of donations made after an earthquake in Morocco in September 2023, and activities have been set up to distribute these funds. The board are confident that the donations received will be sufficient to permit the charity to carry out its present projects and expand its activities further.

The charity manages two charity bank accounts, one in the UK (GBP) and one in Morocco (MAD). This is to enable efficient transfer of funds between UK and Morocco in order to conduct charitable activities.

The accounts are prepared on a receipts and payments basis under section 133 of the Charities Act 2011, due to the charity’s gross income not exceeding £250,000 in the current financial year. Furthermore, the Trustees confirm that there are no outstanding invoices, bills or commitments which the Charity was unable to settle as at the end of the reporting period.

Responsibilities of the trustees

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011.

The trustees can also confirm that there are no serious incidents that have taken place or need to be reported to the Charity Commission, as per their regulations.

Independent examiner

Imran Khan (CA) was appointed as the independent examiner for the 2023-2024 financial year, as agreed upon by the trustees.

Signed on behalf of the trustees

Monia Saher Zahid, Chair

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Moroccan Youth UK

Independent examiner's report to the trustees of Moroccan Youth UK

Year ended 31 March 2024

I report on the accounts of the charity for the period 1 April 2023 to 31 March 2024 set out on pages 5- 7.

Respective responsibilities of trustees and independent examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: I. Khan

Date: 31 December 2024

Name: Imran Khan

Relevant professional qualification(s) or body (if any): Chartered Accountant (CA), Institute of Chartered Accountants of Scotland

- 4 -

Moroccan Youth UK

Financial Statements and Balance Sheets

Year ended 31 March 2024

Statement of Receipts and Payments- (TSB BANK) Year ended 31 March 2024

Receipts
Voluntary Receipts
Donations
Total receipts
Payments
Transfer to Morocco
Cost of transfer to Moroccan bank
Asset and investment purchase
Total payments
Net receipts/ (payments)
Transfers to/(from) funds
Surplus for the year
Reconciliation this year end
Balance bought forward 01.04.23
Cash at bank 31.03.24		 Unrestricted
Funds
Restricted
Funds
Endowment
Fund
Total
2024
£
£
£
£
47,361
-
-
47,361
47,361
47,361
35,000
-
-
35,000
515
-
-
515
-
-
-
-
35,515
-
-
35,515
11,846
-
-
11,846
-
-
-
-
11,846
-
-
11,846
5,559
-
-
5,559
17,405
-
-
17,405

Statement of assets and liabilities- Year ended 31 March 2024

Unrestricted Restricted Endowment Total
Funds Funds Fund 2024
Funds Reconciliation £ £ £ £
Cash at bank 31.03.23 5,559- - 5,559
Surplus this year end 11,846 - - 11,846
Cash at bank 31.03.24 17,405 - - 17,405
Bank and Cash balances
Bank Deposit Accounts - - - -
Bank Current Account 17,405 - - 17,405
Cash in Hand - - - -
Other assets (unrestricted fund) - - - -
Liabilities (unrestricted fund) - - - -

5

Moroccan Youth UK

Financial Statements and Balance Sheets

Year ended 31 March 2024

Statement of Receipts and Payments- (ATTIJARIWAFA BANK) Year ended 31 March 2024

Please note that an average exchange rate of 1GBP:12.70 MAD has been applied for this financial year as at time of charity account submission (and as checked to external sources and deemed acceptable by our independent examiner). The finances were managed in Moroccan Dirhams (MAD) and the GBP amount is mentioned here for information purposes. All finances were unrestricted, hence the exclusion of other fields. The inclusion of this information is provided for transparency best practice purposes, to demonstrate a breakdown of where funds were directly allocated.

6
Statement of assets and liabilities- Year ended 31 March 2024 (ATTIJARIWAFA BANK)
MAD
£
Funds Reconciliation
Cash at bank 31.03.23
44,304
3,489
Deficit this year end (offset by balance from
previous year)
-31,354
-2,482
Cash at bank 31.03.24
52,009
4,095
Bank and Cash balances
Bank Deposit Accounts
-
-
Bank Current Account
52,009
4,095
Receipts
MAD
£
Transfer from TSB to Moroccan bank
31.03.23-01.04.24
444,667
35,000
Total incoming resources
444,667
35,000
Payments
Charitable activities
Charitable activities
Ramadan food packages
114,266
8,997
Eid food packages
11,882
936
Earthquake relief
330,000
25,984
School uniforms
9,000
709
Medication
10,598
835
Total
475,747
37,460
Charity expenses
Bank transfer expenses
274
22
Total payments
476,021
37,482
Net receipts/ (payments)
-31,354
-2,482
Note: The MAD 31,354 (£2,482) was
offset by the reserves balance that was
already in the bank from the previous
financial year.
Reconciliation this year end
Balance bought forward 01.04.23
44,304
3,489
Cash at bank 31.03.24
52,009
4,095		 MAD
£
444,667
444,667
114,266
11,882
330,000
9,000
10,598
475,747
274		 35,000
35,000
8,997
936
25,984
709
835
37,460
22

Moroccan Youth UK

Financial Statements and Balance Sheets

Year ended 31 March 2024 Cash in Hand - - Other assets (unrestricted fund) - - Liabilities (unrestricted fund) - -

These financial statements are approved by the Chair on behalf of the trustees: Monia Sahar Zahid

Chair

7

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Moroccan Youth UK (MYUK) members of

On accounts for the year 31 March 2024 Charity no 1120032 ended (if any)

Set out on pages 1-2

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 03 / 2024 .

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 31 Dec 2024 ~~————~~ Name: Imran Khan ~~ee~~ Relevant professional Chartered Accountant (CA), Institute of Chartered Accountants of Scotland qualification(s) or body (ICAS) (if any): Address: CA House, 21 Haymarket Yards, Edinburgh EH12 5BH

October 2018

1

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

[Not applicable]

October 2018

2

IER