**CHARITY REGISTRATION NUMBER: 1127363**
## **Noor Aid**
**Unaudited Financial Statements 31 December 2022**
## **KAROLIA LIMITED**
Chartered Certified Accountants Suite 28 Blackburn Enterprise Centre Furthergate Blackburn Lancashire BB1 3HQ
**Noor Aid**
## **Financial Statements**
## **Year ended 31 December 2022**
||**Page**|
|---|---|
|Trustees' annual report|**1**|
|Independent examiner's report to the trustees|**5**|
|Statement of financial activities|**6**|
|Statement of financial position|**7**|
|Notes to the financial statements|**8**|
## **Noor Aid**
## **Trustees' Annual Report**
## **Year ended 31 December 2022**
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2022.
## **Reference and administrative details**
**Registered charity name** Noor Aid **Charity registration number** 1127363 **Principal office** 90 Stamford Street Old Trafford Manchester M16 9JT **The trustees** Mr. H. Bharucha Mr. H. Nakhuda Mr. Y. Bham **Independent examiner** Ahmed Adam Karolia Suite 28 Blackburn Enterprise Centre Furthergate Blackburn Lancashire BB1 3HQ
## **Structure, governance and management**
The trustees named above are all founder trustees as mentioned in the charity Trust Deed and have all served throughout the year. The Trust deed of the charity governs appointment of trustees. All members are volunteers. They manage the day to day running of the organisation. We make consequential changes that ensure we remain compliant. This is an essential elements of running a strong organisation ready to respond quickly to emergencies.
**1**
**Trustees' Annual Report** _**(continued)**_
## **Noor Aid**
## **Year ended 31 December 2022**
## **Objectives and activities**
## **Objectives**
The objective of the charity are, as outlined in Trust Deed of the charity, is to provide relief of sickness, poverty and hardship and to promote such charitable purpose for the benefit of all Muslims in the under developed and developing countries.
In 2002, when we visited The Gambia for the first time we didn't know what to expect. What we witnessed was a large Muslim population in poverty, many without even the basic essential such as water, electricity, shelter for their homes and adequate food to eat.
This inspired us to help the needy Muslim population and so therefore Noor Aid was established.
Noor Aid is based in Manchester with the primary Aim of helping the poor and needy in Africa and Asia. Much of our work is concentrated in The Gambia (Western Africa) but we also have ongoing projects in Rajasthan, India and we also supported the past disasters in Myanmar (Burma),Palestine and Yemen.
We strictly operate a 100% donations - 0% deductions policy, so every penny of every donation goes to those who need it most.
## **Current Activities**
We are involved in many different areas and our projects range from food and clothing distribution, education, construction, water projects, sponsorship and relief efforts when a disaster occurs. Inviting all to get involved and bring generous donations to help relieve the suffering of those who are less fortunate than us. All our projects are carefully constructed and designed to be accessible and effective. They are a combination of emergency support, short term relief and longer term sustainable intervention.
Water - Provide clean water for a whole village with a tap or well installation.. Safe clean water prevents many medical conditions and provides a basic essential of life to many people. You can also donate for the Essale Sawaab of your loved ones.Access to safe water is fundamental to the development of any community and can break the cycle of poverty. Safe and reliable water gives hope and security.
Iftar - Ensure a less fortunate person has the means to open their fast with a hot meal. It is very rewarding to feed a person, more so a fasting person. Such a person will receive as many rewards as the fasting person receives, without any reduction in the reward of the fasting person.
Qurbani - Your Qurbani to the needy in India or The Gambia will provide a life changing Eid Gift. Giving Qurbani is obligatory for every Muslim who is financially able to do so. By sacrificing what we have to help those in need, we offer hope to the starving family and bring joy to them on Eid.
Masjid Generator - A generator will supply electricity for lighting, fans and microphones so the devotees can offer prayers comfortably.
Masjid Mic system - A microphone system will allow the Salaah and Adhaan to be heard throughout the community.
Madressa Classroom - Ensuring vulnerable children in Asia and Africa get the schooling they need and deserve by learning languages and Quran. Having a classroom can ensure children are physically
**2**
**Trustees' Annual Report** _**(continued)**_
## **Noor Aid**
## **Year ended 31 December 2022**
and emotionally safe, it helps them engage in the education they are receiving and the knowledge that will stay with them for a lifetime. Most of these children are also provided with a hot meal.
Making a Masjid - A dedicated place to practice and share our faith is really important, but Muslim communities in developing countries do not always have a local masjid. A masjid can be called the heart of a Muslim community, by donating you can help empower those who live there with a greater connection to the Almighty.
Income Generation - Our livelihood programs aim to empower vulnerable communities to improve their access to food and their own income by providing the means to start a business like sewing machines, handcarts and bicycles for delivery. This is the most powerful way of reducing poverty and improving the quality of life in developing countries.
Immunisation - Saving children's lives by protecting them against life threatening diseases. Good health is the first step in building sustainable communities and vaccines are the best way to do this.
Emergency reliefs - helping in a crisis, disasters and conflicts, to individual injuries and other personal challenges. This can be via food parcels, medical care or even homes. We see how vulnerable the people are and how much they need our protection.
Child sponsorship - Sponsor an orphan child with little a month and gain so much more, as this covers, food, medical and education.
Family sponsorship - this covers the whole family living under one roof, be it a widow family or a family with people with disabilities.
Masjid prayer mat - mat allows people to pray their Salah on.
Quran - provide a Quran to be used by a child or the whole family.
Medical sponsorship - signing up towards a medical sponsorship will allow the needy to pay for medical bills and allow medical treatment.
**3**
**Trustees' Annual Report** _**(continued)**_
## **Noor Aid**
## **Year ended 31 December 2022**
## **Achievements and performance**
## **Achievements**
2022 was a year of significant achievements for Noor Aid, continuing donations receipts and making foundations stronger for the future which will allow us to do more in the years ahead.
One of our achievements was motivating society to give, helping to transform lives and communities in Africa and around the world. Much of our donations were quickly paid out, their impact already being felt by thousands of people.
Noor Aid is engaged in welfare and charitable activity in The Gambia. Several orphanages, religious and secular school, mosques, hospitals and other charitable institutions have continued to benefit financially from the charity. Poor and desolate people have also been supported financially, directly and through other charitable organisations. During the year ended 31.12.2022, the trustees consider that the charity has performed very well. We thank and praise Allah for this and ask Him to accept our humble efforts, Ameen.
## **Financial review**
The Charity receives donations from the general public and other charities. This helps the charity to meet its obligations and achieve the objectives efficiently during the year.
## **Reserves Policy**
The reserves are maintained at an adequate level to continue the charity's activities. The trustees have decided to continue the current activities and to improve on them when and as the budget permits.
## **Risk Management**
The trustees actively review the major risk which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined the operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks.
The trustees' annual report was approved on 25 October 2023 and signed on behalf of the board of trustees by:
Mr. H. Bharucha Trustee
**4**
## **Noor Aid**
## **Independent Examiner's Report to the Trustees of Noor Aid**
## **Year ended 31 December 2022**
I report to the trustees on my examination of the financial statements of Noor Aid ('the charity') for the year ended 31 December 2022.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements 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**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
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 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 accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
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.
Ahmed Adam Karolia Independent Examiner Suite 28 Blackburn Enterprise Centre Furthergate Blackburn Lancashire BB1 3HQ
25 October 2023
**5**
## **Noor Aid**
## **Statement of Financial Activities**
## **Year ended 31 December 2022**
|||**2022**|**2022**|2021|
|---|---|---|---|---|
|||Restricted|||
|||funds|**Total funds**|Total funds|
||**Note**|**£**|**£**|£|
|**Income and endowments**|||||
|Donations and legacies|**4**|551,722|551,722|520,282|
|||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|
|**Total income**||551,722|551,722|520,282|
|||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|
|**Expenditure**|||||
|Expenditure on charitable activities|**5,6**|532,648|532,648|499,529|
|||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|
|**Total expenditure**||532,648|532,648|499,529|
|||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|
|||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|
|**Net income and net movement in funds**||19,074|19,074|20,753|
|||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|
|**Reconciliation of funds**|||||
|Total funds brought forward||38,740|38,740|17,987|
|||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|
|**Total funds carried forward**||57,814|57,814|38,740|
|||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
**The notes on pages 8 to 13 form part of these financial statements.**
**6**
## **Noor Aid**
## **Statement of Financial Position**
## **31 December 2022**
|||**2022**|2021|
|---|---|---|---|
||**Note**|**£**|£|
|**Fixed assets**||||
|Tangible fixed assets|**11**|10,000|–|
|**Current assets**||||
|Debtors|**12**|14|–|
|Cash at bank and in hand||48,100|39,040|
|||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|||48,114|39,040|
|**Creditors: amounts falling due within one year**|**13**|300|300|
|||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Net current assets**||47,814|38,740|
|||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Total assets less current liabilities**||57,814|38,740|
|||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Net assets**||57,814|38,740|
|||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|**Funds of the charity**||||
|Restricted funds||57,814|38,740|
|||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Total charity funds**|**14**|57,814
৶৶৶৶৶৶৶৶|38,740
৶৶৶৶৶৶৶৶|
These financial statements were approved by the board of trustees and authorised for issue on 25 October 2023, and are signed on behalf of the board by:
Mr. H. Bharucha Trustee
**The notes on pages 8 to 13 form part of these financial statements.**
**7**
## **Noor Aid**
## **Notes to the Financial Statements**
## **Year ended 31 December 2022**
## **1. General information**
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 90 Stamford Street, Old Trafford, Manchester, M16 9JT.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Disclosure exemptions**
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires trustees to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
**8**
## **Noor Aid**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2022**
**3. Accounting policies** _**(continued)**_
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **Tangible assets**
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
**9**
## **Noor Aid**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2022**
## **3. Accounting policies** _**(continued)**_
## **Tangible assets** _**(continued)**_
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
## **Impairment of fixed assets**
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
## **4. Donations and legacies**
||Restricted|**Total Funds**|Restricted|Total Funds|
|---|---|---|---|---|
||Funds|**2022**|Funds|2021|
||£|**£**|£|£|
|**Donations**|||||
|Collection boxes, appeals and|||||
|donations|551,722|551,722|520,282|520,282|
|**Expenditure on charitable activities by fund type**|||||
||Restricted|**Total Funds**|Restricted|Total Funds|
||Funds|**2022**|Funds|2021|
||£|**£**|£|£|
|Charitable activity - Gambia|465,885|465,885|469,000|469,000|
|Charitable activity - Other countries|62,000|62,000|28,700|28,700|
|Support costs|4,763|4,763|1,829|1,829|
||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|
||532,648|532,648|499,529|499,529|
||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|
## **5. Expenditure on charitable activities by fund type**
**10**
## **Noor Aid**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2022**
## **6. Expenditure on charitable activities by activity type**
||Activities||||
|---|---|---|---|---|
||undertaken||**Total funds**|Total fund|
||directly Support costs||**2022**|2021|
||£|£|**£**|£|
|Charitable activity - Gambia|465,885|4,464|470,349|470,529|
|Charitable activity - Other countries|62,000|–|62,000|28,700|
|Governance costs|–|299|299|300|
||ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄৄ|
||527,885|4,763|532,648|499,529|
||৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|
## **7. Analysis of support costs**
|||Analysis of|||
|---|---|---|---|---|
|||support costs|**Total 2022**|Total 2021|
|||£|**£**|£|
||Premises|2,283|2,283|1,192|
||General office|352|352|–|
||Finance costs|467|467|337|
||Support costs|1,362|1,362|–|
|||ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄ|
|||4,464|4,464|1,529|
|||৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|৶৶৶৶৶৶৶|
|**8.**|**Independent examination fees**||||
||||**2022**|2021|
||||**£**|£|
||Fees payable to the independent examiner for:||||
||Independent examination of the financial statements||300|300|
||||৶৶৶৶|৶৶৶৶|
## **9. Staff costs**
The average head count of employees during the year was Nil (2021: Nil).
No employee received employee benefits of more than £60,000 during the year (2021: Nil).
## **10. Trustee remuneration and expenses**
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
**11**
## **Noor Aid**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2022**
## **11. Tangible fixed assets**
||||||**Motor**|
|---|---|---|---|---|---|
||||||**vehicles**|
||||||**£**|
||**Cost**|||||
||At 1 January 2022||||–|
||Additions||||10,000|
||||||ৄৄৄৄৄৄৄৄ|
||**At 31 December 2022**||||10,000|
||||||৶৶৶৶৶৶৶৶|
||**Depreciation**|||||
||**At 1 January 2022 and 31 December**|**2022**|||–|
||||||৶৶৶৶৶৶৶৶|
||**Carrying amount**|||||
||**At 31 December 2022**||||10,000|
||||||৶৶৶৶৶৶৶৶|
||At 31 December 2021||||–|
||||||৶৶৶৶৶৶৶৶|
|**12.**|**Debtors**|||||
|||||**2022**|2021|
|||||**£**|£|
||Prepayments and accrued income|||1|–|
||Other debtors|||13|–|
|||||ৄৄৄৄ|ৄৄৄৄ|
|||||14|–|
|||||৶৶৶৶|৶৶৶৶|
|**13.**|**Creditors:** **amounts falling due within one year**|||||
|||||**2022**|2021|
|||||**£**|£|
||Accruals and deferred income|||300|300|
|||||৶৶৶৶|৶৶৶৶|
|**14.**|**Analysis of charitable funds**|||||
||**Restricted funds**|||||
|||At|||**At**|
|||1 January 202||**31**|**December**|
|||2|Income|Expenditure|**2022**|
|||£|£|£|£|
||Restricted Funds|38,740|551,722|(532,648)|57,814|
|||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
|||At|||At|
|||1 January 202||31|December|
|||1|Income|Expenditure|2021|
|||£|£|£|£|
||Restricted Funds|17,987|520,282|(499,529)|38,740|
|||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
**12**
## **Noor Aid**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 December 2022**
## **15. Analysis of net assets between funds**
||Restricted|**Total Funds**|
|---|---|---|
||Funds|**2022**|
||£|**£**|
|Tangible fixed assets|10,000|10,000|
|Current assets|48,114|48,114|
|Creditors less than 1 year|(300)|(300)|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Net assets**|57,814|57,814|
||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
||Restricted|Total Funds|
||Funds|2021|
||£|£|
|Tangible fixed assets|–|–|
|Current assets|39,040|39,040|
|Creditors less than 1 year|(300)|(300)|
||ৄৄৄৄৄৄৄৄ|ৄৄৄৄৄৄৄৄ|
|**Net assets**|38,740|38,740|
||৶৶৶৶৶৶৶৶|৶৶৶৶৶৶৶৶|
**13**