Charity number: 1127233 Muln Welfare Trust Report of the TNstees and Unaudlted Flnandal Ststements For the year ended 31 March 2024
Muin Welfare Tnt Contents Page For the year ended 31 March 2024 Report theTnes IN8nd•nt Ex1¢$ ReEI0 Ilw Tfttslees Stat8rn8nt d Finarti#l Pt%itTrJb Nos to th• Fina8 Staterr 5t08 Del3ikd Statmnt of FmarI*avhtsI$
Muin Welfare Trust Rewrt of the Trustees For the year ended 31 March 2024 The Trust have pbosure In pre$entin9 1r repryl and the fina01 statwnents for the tharity for thg year 31 March 2024. The Twstees have adopted the provBions of Accountln9 and Repoitiw by Charitie8.' Stalemgnt or R•wrnrngndad PraCte applicabl• to chariti05 pr8pwing their acwunts in aceord8nca with Fin8n¢i81 Reportin9 Standard apF4irAt4e in the UK and the RepLthlic ol Ireland IFRS 1021 leff8ctiv8 l January 20191. OBJecTWES AND ACTIVITies Objoctivos and alms The twsle88 have con5trdared Charty Commi8h)n'8 guidarKe on Publ bgngfil, induding the gukl8rK8 'public benefit.. ruming a ¢harfty IPB21'. REFERENCE AND ADMINISTRATIVE INFORMATION Name olcharlty ChrSty rag15trntlon number Prfnclp81 addYes$ Muin W8Ware Twu5t 1127fJ3 30 F8mley Road Birrnlngh) B113NS Truatees The tw5t¥ and offKer8 dwing th? year aTrJ Sknce the yeorend were as follows". Zaha8¢ Malmots Gulam Rabbgni Ahmed Omer Ind8P8nd8nt 8xamlner8 Sigrna Chartered Aeeountants 862-864 Washwood Heath Road W85hwood Heath Bimiirgham 88 2NG Approved by the Bowd ofTrwkes and slgned on its bahaif by 05 July 2024 GuM Rabbani 1of9
Muin Welfare Trust Independent Examiners Report lo the Trustees For the year ended 31 March 2024 I report 10 Ihe trustees on my examination of the accounts of the charity for the year ended 31 March 2024. Responsibilitle5 and basi5 of r£port As the charily Iwslees, you are responsible for the prèparation ol the accounts accordance with the requirement5 of the Charitie5 Act 2011 I'lhe 2011 A¢i'i- I report In respect of my examinalion of the charity'5 accounts carried out under section 145 of the 2011 Act and in carrying out my examinalion I have followed all the applicable Directions given by the Charity Commission under seclion 14515llbl of the Act. Indèpendènt examlnern statoment I have cornpleled my examination I conlifm that no Irallers have come 10 my attention in connection with the examinatTh giving me cause lo believe Ihal In any tnalerial respect 1 accountin9 records were not kept in respect ol the Charity as required by section 130 gf Ihg 2011 Act., or 2 the accounts do noi accord with those record$". or 3 the accoun15 do not comply with the applicable requirements conc6ming Ihe form and conlenl of accoun15 sel out In the Charities (Accoun15 and Reports) Regulation$ 2008 other than any requiremenl that the acunIS give a 'lrug and fair vie which 15 not a maller con$idered a5 Part of an Independent examination. I have no concerns and have come across no olhef mallers in connection with the exarninalion lo which 8ii•ntion should be drawn In this oport In order lo enable 8 propgr understanding of th8 aeeounls to bè reached. jawa Yakoob FCA 184627071 Sigma Ch8rtewd Accountants 862-864 Wa8hNvocé Heath Road Washwood Heath Birmingham B8 2NG 2of9
Muln Welfare Trust statent of Financial Activilies For the year erKled 31 March 2024 Unre$tyi¢te funds 2023 Irwom• and 6ndowm•fit• from: Donation$ and18gad88 TIAal 95.081 95.061 127,758 127.758 Expondlturè on: Charilablg ?ctwl¢bs Tctsl 1109.7011 1109,7011 191.3261 191.3261 N•t Incornol•xpondlr• Reconclllatlon of fun¢ts Total fuftds brought forward Total lund• corrled lornard 114.6401 36.432 109,516 94,876 73,084 109,616 3of9
Muin Welfare Trust StateEnt of Financial Posbtion As al 31 March 2024 2024 2023 Flxed as58ts Taffjbi le a88ets 368 538 Current u8at• Dabtert Cath 8t bank and h h•nd 10 43,9L 68,803 112,711 118,1931 47.5C(I 79.548 127,048 118,0701 Cr•dltorn.' amounts falllng wlthln ono y•ar 11 N•t currnnt assola 94.518 108.978 Total 4•80ts lfr•• curr•nt Ihblllti 94.B76 109118 94,878 109.616 funth of th• ehlrfty Unr8BlrKted ineoma lunda 12 94,876 109,516 109.618 Tot•1 lund• Th• financlal •lat•n•nts w•r• approv•d aTrJ •uthorli•d lor hiu• by th• Bo•rd •nd •lgn0d on l• b¢h•ll by.. Gulèm RAbb8ni Tr180 05 July 2024 4019
Muin Wdfare Trust Notes to the FInCIal Statements For the year ended 31 March 2024 1. A¢courrtlng Polkl easls olaG¢ounlln9 The financial $tatemenls have been prepared under Ihe hi8torical ojst c0rN8ntn, 8XC8Pt for inv8strn8nt5which ¥e included al market Val and the rÈvaluati¢)n of certaln fixed assets and In accordaft¢e with the Ch8rfttes SORP IFRS 1021 'Accounting and Reporling by Chariti8s'. Statemeni of Recomm8ndwJ Pradice applicabl8 to tharities pffjpwing ther accounts h a¢cordance with the Flnanckql Repong Stand8rd s1Ge in the UK and R8public OF Ireland IFRS 1021 leffective 1 January 20191,. Finantial Rèporting Standard 102 the Finandal Rep¢)rtUlg Standard applicabkn in lh6 UK and Republic of Ireland IFRS 1021, and the Ch8rits8s Act 2011. Muin WeNare Tftjst rmets the dfinon of 8 publc benefft entity under FRS 102. Assets and liabllitfjes a¥e inilially ognised at hi8torical cost or transad#)n valu8 UnS8 otherwi88 slatèd in t1 revant accounting pofLy rtJlsl. Golng ¢on¢grn In pParing these financial statements gefteartly att£pted acLounting practi{% requires that the trustees prepare the ffin?nckql st8temgnts ¢n th8 going conr b8815 unless it is Inappropriate to pr88wne that lh8 charty wdl CtInU8 its actwitias. 2. Incomg fr*)m donatlons and le9acJ 2024 2023 Unreslrlcted f¥ Donations received 75,372 99,505 SubstrtL)n5 roe•iv 19,689 2B,253 9&061 127,758 3. Costs of charitable acllvltl&s by fund ty 2024 2023 Unr•strktsd fund# Projed Costs Supput costs 90,523 19.178 72,087 19.239 109,701 91,326 4. Cog18 of ¢haritabl8 actlvlU88 by a¢¢lvlty typg Aetlvllle5 und•rtaken dlrectly Support 2024 2023 Support ¢osts Projed Costs 90.523 19.178 109.701 91,326 5of9
Muin Welfare Trust Notes to the Finanu81 Statements Continued For the year ended 31 March 2024 . AMly8h of¥upport COSts 2024 2023 ProJ•ct Costs Man¥gem8nt Gowrnan 16.480 16,332 2,7 19,17 19,239 6. Ngt InGomrf•xpondltur•l lorth• yMr Thi8 i• sIAled after ch8r9ingllcredrtlngl', 2024 2023 D•pMclalon of thvn•d nx•d 881•18 Aceounlancy fo 180 1,928 1,641 7. stsff co•ts and •molum•nl• Tot418lalf CtI for fv ywr wd•d 31 M•r¢h 2024 w•r•'. 2024 2023 Salprkn ond wagg8 1S,3 14,072 16,200 14.072 2024 2023 Administr8tbn . Comporatbve for the St•t•m•nt ol Financlal Acllvlllel Thg wnparBtN• y•ar valu08 on th• Stal•menl of FbDJnclBI Adby& arè lor unr•strictod fvnds. 6of9
Muin Welfare Trust Notss to the Finanaa statements Continued For the year eThled 31 March 2024 9. T•n91b ftxe(10$8•ts Pnt and IAa¢hlngry Crot orvaltIon At 01 ri120rd Al 31 March 2024 6.298 Al 01 April 20rJ Charge for year Al 31 Marth 2024 Net Ik valueB 5,760 5.940 At 31 March 3J24 358 At 31 March 2023 538 10. Debtor5 2024 2023 Amounts aft•r morn yw. (Xherdebtors 43.9L 47.$( 47,$00 11. Credttors: amourts lalllno wmhln xw y•ar 2024 2023 Othercrndrto 18,193 18.070 1&193 18.070 11 Movem•nt In funds IncornlThJ IOIj 8al•rKe at 31fi1312024 Genor#l Genefal 109.516 95.1 11CrfJ.7011 .876 lo916 9&081 {109.7011 94.876 7019
Muin Welfare Tnjst Notes to Financial Statements Continued For the year ended 31 March 2024 Unmtrkted Fun. PrwI1 y•Ar Bala0 at 0110412022 kncomlng Outpoln Bal•n¢o at rn•owc•• 3110312023 Genernl Genwal 127.758 191.3261 109,518 127.758 191 J201 109.516 Pwpom of unrn•trlcW Fund• G•nw•l tharlli•i objects. 13. An•ty*l• £1 Mt•M•t• b•tw••n fvnd• TanolW• Ilx•d u••t• M•t¢wrnnl M•tA•••t• Unmtrl¢t•d G8Mrnl G•rnr•l 94,518 94,876 14.518 94,876 Pr•vlou• y• Unr••trktsd fvr##• G•rwl Genef•l 108,978 109.516 108,970 109A18 8of9
Muin Welfare Trust Detailed Statement of FSnan¢ial Activities For the year ended 31 March 2024 2024 2023 INCOME AND eNDOWMENT D4)naiions and legacles Donation5 SubSLY+tlnS 7S,372 19,689 99.505 28.253 95,061 127,758 Total Inc(1n9 rosour¢•s 96,061 127.758 ExpeNDITURE Charltable actlvlU•5 ost of dirBLI charitabte ac16vty 190.5231 172,0871 190.6231 172,0871 SUPPORT COSTS MBnagement Managwnent IIS,4801 116.3321 115,4801 {16.3321 G0mn¢9 costs Govem8n¢e w$ts 13.6981 12,9071 13.6981 119071 TLtsI r•sour¢•s •xp•rtd•d 1109.7011 191 J261 N81 ExndItUr• {14.6401 36,432 9of9 This pag8 does Th)t form partol the statulory finandal statements
CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the perlod From 0110412023 To 3110312024 Charity name: Muin Welfare Trust Charlty reglstrntlon number: 1127233 Objectlves and Activltles SORP rof•r•n¢• Summary of the purposes of the charity a8 8et out in its goveming document Summary of the main activities in relation to those purposes for the public benefit, in particular. the activilies, projeds or services Identified In the accounts. Slatement confirmlng whether the trustees have had regard lo the guidance issued by the Charity Commis8lon on public benefit Para 1.17 PROVISION AND FUNDING OF CHARITABLE SERVICES AND CAUSES TO THOSE IN NEED IN BANGLADESH AND THE REST OF THE WORLD. EDUCATION. TRAINING. ADVANCEMENT OF HEALTH, PREVENTION OF POVERTY, OVERSEAS AID, FAMINEIDISASTER RELIEF. P8ra 1.17 •nd 1.19 TRUSTEES CONFIRM HAVING HAD REGARD TO GUIDANCE ON PUBLIC BENEFIT. Addltlonal Infomiation (optlonal) You ma choose to include further statements where relevant aboLrt'. SORP reference P4ri 1.38 Pollcy on grant making P•r• 1.38 Policy on 80cial investment including program related investment Par• 1.38 Contribution made by volunteers Other
Achievements and Perforniance 1) PHASE 1 GRANT FUNDING TOWARDS MASJID QUBA CONSTRUCTION PROJECT. 2) GRANT FUNDING TOWARDS CONSTrUCTION OF MASJID MUHAMMAD. 3) IN A VAST AREA OF BANGLADESH (NETROKONAI COMPROMISING OF OVER 100 NEIGHBOURING VILLAGES. THERE WERE 1CN)% ILLITERACY THANKS TO THE CHARITIES EFFORTS 100•A OF SCHOOL AGE CHILDREN ARE IN EDUCTAION AND SECURING EMPLOYMENT. 4) MUIN WELFARE TRUST MAKES EDUCTAION A PRIORITY AMONGST ITS LONG-TERM DEVELOPMENT BASED EFFORTS. PROGRAMMES ARE AIMED AT BOTH ADULTS AND CHILDREN AND INCLUDE BUILDING AND EQUIPPING SCHOOLS, OFFERRING LITERACY CWSES AND TRAJNING TEACHERS. 5) MANY OF THE EDUCATION PROJECTS TARGET IMPROVED WOMEN AND YOUNG GIRLS HELPING THEM BREAK FREE FROM PROVERTY ANO ENSURING STABILITY FOR GENERATIONS TO COME. Summary of the main achievements of the charity, identifying the difference the charity's Vrk has made to the CArcumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Additional Infomiatlon (optlonal) You ma choose to include further statements vhlere relevant aboirt: Achievements against objective5 set Para 1.41 performan of fundraising activities against objedives sat P¥0 1.41 Investment perfomian against obJe¢trves P*a 1.41 Other
Structure, Governance and Management Description of tharity's trusts: Type of goveming document AS PER TRUST DEED DATED 0710512007. PArn 1.25 TRUST DEED. How is the charity constituted? P*a 1.25 TRUST DEED DATED 0710512007, REGISTERED VJITH THE CHARITIES COMMISSION. Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or bc#Jy entit to appoint one or more trustees P8ra 1.25 Addltlonal Infom)atlon (optlonal) You ma choose to include further statements where relevant about: Poliues and prOdureS adopted for the indudion and training of trustees Parn 1.51 The tharity's organisational Structu and any wider network with which the charity vrkS P¥• 1.51 Relationship with any related parties P¥a 1.51 Reference and Administrative details Charit name Cxher name the cha uses Re istered cha number Charity's principal address MUIN VELFARE TRUST NOT APPLICABLE 1127233 30 FERNLEY ROAD BIRMINGHAM B113NS
Financial Review Review of the charity's financial position at the end ofthe eriod Statement explaining the policy for holding reserves statin wh the are held Amount of reserves held Reasons for holding zero reseNes Details of fund materially in deficit Explanation of any unrtaIntieS about the charity ntInuing as a going concem Pwa 1.21 £68.803 CASH 8ALANCE AS AT 3110312024. Para 1.22 TO FUND ONGOINBG AND NEW PROJECTS. P•r• 1.22 Para 1.22 £94.786 RESERVES HELD AS AT 31103r2024. Poro 1.24 Pwa 1.23 Addftlonal Infomiation (optional) You ma choose to include further ststements where relevant about: The tharity's principal sources of funds (indudiTrJ any fundraising) Para 1.47 Investrnent policy and objectives including any social investrnent lIcY adopted Paro 1.46 A description of the principal risks facing the charity Para 1.46 Other
Names of the charity trustees who manage the charity Datss •¢t¢d if notforwhol• ear Trusts& n8mg Offlcfr Ilf any) CHAIRMAN Nam• of pèrson lor body) ontltled olnttrustsfr GULAM RABBANI AHMED OMER SECRETARY ZAHEER MAHMOOD TREASURER 10 12 13 14 15 16 17 18 19 20 orate trustees- names of the directors at the date the re D1Ctor name ortwasa roved Name of trustees hokling title to property belonging to the charrty TruBtee name Dates acled If not fwwhde
Funds held as custodian trustees on behalf of others Dèscription of the assets held in this capacity Name and objects of the charity on whose behalf the assets are h8ld and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Additional information (optional) Names and addresses of advisers (Optional information Type of Name Address adviser Name of chief executive or names of senior staff members (Optlonal Infomiatlon) Exemptions from disclosure Reason for non4isclosure of ke ersonnel d8taits Other o tional information
Declarations The trustees declare that they have approved the trustees. report above. Signed on behalf of the charity's trustees Slgnature(s) Full namo(s) Position (eg Secretary. Chair. etc Date OS-oi-