Docusign En¥ÈlopÈ ID". 57A7EFOO-F3694683-AFBD-7892289F262B The Zakat ReIief Fund Financial .%tatements Year ended 31" July 2023 Charity Nllmber: 1121051
DocuSign Envelope ID: 57A7EF00-F369-46B3-AFBD-7B92289F262B
The Zakat Relief Fund Report of the Trustees Year ended 31[st] July 2023 Charity Number 1121051
Reference and administrative information
Charity Name The Zakat Relief Fund Charity Number 1121051 Trustees Mrs Naseer Javed Mrs Sonia Javed Mr Rizwan Javed Mr Muhammad Aslam Alam Nomani Treasurer Mr Rizwan Javed Correspondent 12 Church Road Edgbaston Birmingham B15 3SR Bankers Barclays Bank Plc P O Box 5460 15 Colmore Row Birmingham BX3 2BB
Structure, governance and management
The charity is governed by a trust and its trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefit.
In selecting trustees we will seek to identify people who have expressed an interest in assisting the charity; and its aims and objectives.
Activities and Objectives
The charity objectives are set out in the charity’s trust deed and are summarised as follows:-
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To assist the victims of natural and other disasters;
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To provide assistance to people suffering financial hardship or in poverty struggling to obtain the essentials of life.
The trustees have considered the Charity Commisions’s guidence on public benefit when reviewing organisational strategy and planning future activities and are satisifed that the Charirty continues to have significant chartiable purpose and will deliver a very tangiable benenfit.
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DocuSign Envelope ID: 57A7EF00-F369-46B3-AFBD-7B92289F262B
The Zakat Relief Fund Report of the Trustees Year ended 31[st] July 2023 Charity Number 1121051
Achievement and Performance
During the year the majority of the funds were spent in supporting orphans and water projects.
Finance review and Reserves policy
It is the charity’s policy to hold minimum reserves and to distribute funds as soon as suitable projects are identified. Reserves may be accumulated to fund larger projects.
Approved by the trustees and signed by
- | KawawDocuSigned by:Jourd.
Rizwan Javed 21 May 2024
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DocuSign Envelope ID: 57A7EF00-F369-46B3-AFBD-7B92289F262B
The Zakat Relief Fund Financial Statements Year ended 31[st] July 2023
Receipts and payments accounts
Receipts
| Receipts | |||
|---|---|---|---|
| Unrestricted funds | Total funds | Last year | |
| £ | £ | £ | |
| Donations | 94,800 | 94,800 | 91,500 |
| HMRC credit | 23,250 | 23,250 | 23,250 |
| ______ | ______ | ______ | |
| Total receipts | 118,050 | 118,050 | 114,750 |
| Payments | |||
| Orphan in need | 22,820 | 22,820 | 22,320 |
| Birmingham Central Mosque | 5,000 | 5,000 | 5,000 |
| Muscular dystrophy UK | 1,000 | 1,000 | 1,000 |
| Newcastle Mosque | 1,000 | 1,000 | 500 |
| Muslim Hands | 63,954 | 63,954 | 77,354 |
| Indus Health | 3,000 | 3,000 | 5,000 |
| Mission relief | 20,150 | 20,150 | - |
| Alkhair | - | - | 5,000 |
| Lite4life | 750 | 750 | - |
| Accountancy | 630 | 630 | - |
| ______ | ______ | ______ | |
| Total payments | 118,304 | 118,304 | 116,174 |
| _ | _ | _ | |
| Net (payments)/receipts | (254) | (254) | (1,424) |
DocuSign Envelope ID: 57A7EF00-F369-46B3-AFBD-7B92289F262B
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The Zakat Relief Fund Financial Statements Year ended 31[st] July 2023
Statement of assets and liabilities as at 31[st] July 2023
| Unrestricted funds | |
|---|---|
| £ | |
| Current assets | |
| Cash at Bank and in hand | 38 |
| _____ | |
| Net assets | 38 |
| Accumulated Funds | |
| Unrestricted surplus for the year | 38 |
| _____ | |
| Total funds | 38 |
The financial Statements on pages 2 and 3 were approved by the trustees on 21 May 2024 and on their behalf by | KawawDocuSigned by:Jourd.
Mr Rizwan Javed
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DocuSign Envelope ID: 57A7EF00-F369-46B3-AFBD-7B92289F262B
The Zakat Relief Fund Year ended 31[st] July 2023 Independent Examiner’s Report to Trustees of The Zakat Relief Fund
Independent Examiner’s Report to the Trustees of The Zakat Relief Fund
I report to the trustees on my examination of the accounts of The Zakat Relief Fund (the charity) for the year ended 31st July 2023 which are set out on pages 3 and 4.
Responsibiities and basis of report
As the charity turstees of the Charity , you are responsible for the preparation of the accounts in accoardance with the requirements of the Charities Act 2011 (‘the act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner’s statement
I have completed my examination. I 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 accounts do not accord with those records.
I 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 accounts to be reached.
& (~ DocuSigned by:
Mr JO Evans FCA Green Banks 24 The Hill Stroud GL5 4EP
Date: 31-05-2024
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