OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-03-31-accounts

Panah Ltd Panah Ltd Panah Ltd CharityNo 1130290 1130290
CompanyNo 6850910
Annual accounts for theperiod
Period start date 01/04/2023 To Period end
date
31/03/2024

Section A Statement of financial activities (including summary income and expenditure account)

Recommended categories by activity Guidance Note Unrestricted
funds

Restricted
income
funds
Endowment
funds
April 2024
Total funds
April 2023
Prior year
funds
S01
S02
S03
S04
S05
S06
S07
Expenditure (Notes 6)
Expenditure on:
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on
investments
S16
S17
Extraordinary items
S18
S19
S20
Other gains/(losses)
S21
S22
Reconciliation of
funds:
S23
S24
Net movement in funds
Total funds brought forward
Total funds carried forward
Total
Net income/(expenditure) before tax for
the reporting period
Net income/(expenditure) after tax
before investment gains/(losses)
Net income/(expenditure)
Transfers between funds
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the
charity’s own use
Total
Raising funds
Charitable activities
Investment
Other
Charitable activities
Other trading activities
Rental from leasing
Separate material item of income
Other
Income (Note 3)
Income and endowments from:
Donations and legacies
£
£
£
£
£
F01
F02
F03
F04
F05
- - - -
2,184 1,529 - 3,713 51,143
- - - - -
28,153 99,814 - 127,967 -
- - - - -
- - 27,452
30,337 101,343 - 131,680 78,595
125 - - 125 6,163
- 47,554 - 47,554 34,874
- - -
34,773 - - 34,773 8,269
34,898 47,554 - 82,452 49,307
4,561
-
53,789 - 49,228 29,288
- - - - -
4,561
-
53,789 - 49,228 29,288
- - - - -
4,561
-
53,789 - 49,228 29,288
- - - -
- - - - -
- - - - -
- - - - -
4,561
-
53,789 - 49,228 29,288
- - - - -
4,561
-
53,789 - 49,228 29,288
Charity No
Company No
Charity Name: Panah Ltd
1130290
6850910
Charity No
Company No
Charity Name: Panah Ltd
1130290
6850910
Charity No
Company No
Charity Name: Panah Ltd
1130290
6850910
Charity No
Company No
Charity Name: Panah Ltd
1130290
6850910
Charity No
Company No
Charity Name: Panah Ltd
1130290
6850910
Charity No
Company No
Charity Name: Panah Ltd
1130290
6850910
Charity No
Company No
Charity Name: Panah Ltd
1130290
6850910

Section B Balance sheet
Guidance Note Unrestricted
funds

Restricted
income
funds
Endowment
funds
April 2024
Total this
year
April 2023
Total last
year
~~£~~
~~£~~
~~£~~
~~£~~
£
~~Fixed assets~~ F01
F02
F03
F04
F05
Intangible assets (Note 15)
B01
Tangible assets (Note 14)
B02
Heritage assets (Note 16)
B03
Investments (Note 17)
B04
Total fixed assets
B05
- - - - -
4,022 1,110,993 - 1,115,015 905,746
- - - - -
- - - - -
4,022 1,110,993 - 1,115,015 905,746
Current assets
Stocks (Note 18)
B06
Debtors (Note 19)
B07
Investments (Note 17.4)
B08
Cash at bank and in hand (Note 24)
B09
Total current assets
B10
Creditors: amounts falling due within
one year (Note 20)
B11
Net current assets/(liabilities)
B12
Total assets less current liabilities
B13
Creditors: amounts falling due after
one year (Note 20)
B14
Provisions for liabilities
B15
Total net assets or liabilities
B16
Funds of the Charity
Endowment funds (Note 27)
B17
Restricted income funds (Note 27)
B18
Unrestricted income funds
B19
Revaluation reserve
B20
Fair value reserve
B21
Total funds
B22
- - - - -
- - - - -
- - - - -
63,236 - - 63,236 82,005
63,236 - - 63,236 82,005
- 140,100 - - 140,100 200,000
-
63,236 - 140,100 - - 76,864 - 117,995
67,258 970,893 - 1,038,151 787,751
- - 200,000 - - 200,000 -
- - - - -
67,258 770,893 - 838,151 787,751
-
75,263 770,602 845,865 -
101,343 101,343
30,337 - 30,337
-
- -
105,600 871,945 - 977,545 -

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

Signed by one or two trustees/directors on behalf of all the
trustees/directors
Signature of director authenticating accounts being sent to
Companies House
Print Name Date of
approval
dd/mm/yyyy
Dr Helen Fani 30/12/2024
Shahnaz Ebrahimi 30/12/2024
Signature Date
dd/mm/yyyy
30/12/2024
Dr Helen Fani Print name

Section C Notes to the accounts

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 accounts.

The accounts have been prepared in accordance with:

• and with
• and with
ü the Statement of Recommended Practice: 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) issued on
16 July 2014
the Financial Reporting Standard applicable in the United Kingdom and
Republic of Ireland (FRS 102)
ü

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

Confirmed

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 See trustee report conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going Not applicable concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the Not applicable accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.

Yes
No
ü * -Tick as appropriate
X

Please disclose:

Please disclose:
(i) the nature of the change in accounting policy; N/A
(ii) the reasons why applying the new accounting
policy provides more reliable and more relevant
information; and
N/A
(iii) the amount of the adjustment for each line
affected in the current period, each prior period
presented and the aggregate amount of the
adjustment relating to periods before those
presented, 3.44 FRS102 SORP.
N/A

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

Yes
No
ü * -Tick as appropriate
X

Please disclose:

(i) the nature of any changes; Please see note N29 (iii) where practicable, the effect of the change in one or more future periods.

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).

Yes
No
ü * -Tick as appropriate

Please disclose:

Please disclose:
(i) the nature of the prior period error; Please see note N29
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
In absence of accountancy audit, errors
may have occurred in placement of carried
forward creditors/ debtors, affecting end of
year assets and liabilities.
(iii) the amount of the correction at the beginning of the
earliest prior period presented in the accounts.

Section C Notes to the accounts (cont)

Income from
investments:
Separate
material item
of income
Note 3
Donations
and legacies:
Income
Analysis of income Unrestricted
funds

Restricted
income funds
April 2024
Total funds
April 2023
Prioryear
~~£~~ ~~£~~
Donations and gifts 2,184 1,529 3,713 51,143
GiftAid-- - - - -
Legacies - - - -
General grants provided by
government/other charities
- - - -
Membership subscriptions and
sponsorships which are in
substance donations
- - -
Donatedgoods,facilities and - - - -
Other - - -
**Total ** 2,184 1,529 3,713 51,143
Interestincome - - - -
Dividendincome - - - -
Rentalandleasingincome 28,153 99,814 127,967 27,452
Other - - - -
**Total ** 28,153 99,814 127,967 27,452
Deposit interest (V) - - - -
- - - -
- - - -
- - - -
Total - - - -
TOTAL INCOME 30,337 101,343 131,680 78,595
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
See notes on 27.1
Where any endowment fund is converted into income in
the reporting period, please give the reason for the
conversion.
Where any endowment fund is converted into income in
the prior period, please give the reason for the
conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any
prior year amounts)
This year: Where sums originally denominated in foreign
currency have been included in income, explain the basis
on which those sums have been translated into sterling
(or the currency in which the accounts are drawn up).
Last year: Where sums originally denominated in foreign
currency have been included in income, explain the basis
on which those sums have been translated into sterling
(or the currency in which the accounts are drawn up).

Section C Notes to the accounts

Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts
Note 6 Expenditure
This year 2023-2024 Last year 2022-2023
Analysis Unrestricte
d funds
Restricted
income
funds
Endowm
ent
funds
Total
funds
Unrestrict
ed funds
Restricted
income
funds

Total
funds
Expenditure on raising
funds:
£ £
Incurred seeking donations - - - - -
Database development
costs
- - - - - - -
Other trading activities 125 - - 125 - - -
Investment management
costs:
- - - - - - -
Portfolio management
costs
- - - - - - -
Cost of obtaining
investment advice
- - - - - 4,174 4,174
Investment legal fees costs - - - - - 1,989 1,989
Intellectual property
licencing costs
- - - - - - -
Rent collection, property
repairs and maintenance
charges
- - - - - - -
- - - - - - -
Total expenditure on
raising funds
125 - - 125 - 6,163 6,163

Expenditure on charitable activities:

activities:
See trusty report - - - -
Wage 18,200 - 18,200 12,000 12,000
Ofogh-e-Roshan 3,300 - 3,300 - 1,500 1,500
Hamta
Rostami
Funds to India (medicine)
- 2,444 2,444
P. Projects
listed
- 4,241 4,241
All other - 26,054 - 26,054 - 14,689 14,689
Total expenditure on
charitable activities
- 47,554 - 47,554 12,000 22,874 34,874

Other

Other Other
Insurnace 2,496 - - 2,496 2,583 - 2,583
Iran Office
Expenses/
Accounts
3660 - - 3,660 - - -
~~Accountant~~
500 500 - -
~~Tax / VAT~~
TSO Host
31 31 - -
~~Business~~
3,351 3,351 - -
~~Rates CCC~~
Just Giving
216 - - 216 216 - 216
IONOS website and social 1,228 - - 1,228 952 - 952
Beacon 349 349 317 317
Zoom TBC - - 348 348
Service charge(Just 72 - - 72 72 - 72
PO Box Royal Mail 472 472 360 360
Virgin Telephone 284 284 428 428
computer and digital
maintenance
1,200 1,200 1,200 1,200
Interst 20,914 20,914 1,794 1,794
Total other expenditure 34,773 - - 34,773 8,269 - 8,269
TOTAL EXPENDITURE 34,898 47,554 - 82,452 20,269 29,037 49,307

Section C Notes to the accounts

Note 11 Paid employees

Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)

11.1 Staff Costs

11.1 Staff Costs
Total staff costs
Salaries and wages
Social security costs
Pension costs (defined contribution scheme)
Other employee benefits
This year
£
Last year
£
12,000
- -
- -
- 12,000

Section C Notes to the accounts

Note 14 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets

14.1 Cost or valuation

Freehold land &
buildings
Other land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings and
equipment
Total
£
£
£
£
£
At the beginning of
the year
900,000- -5,746905,746
Additions
210,993 - - -210,993
Revaluations
- - - - -
Disposals
- - - - -
Transfers
- - - - -
At end of the year
1,110,993 - - 5,746 1,116,739
Basis*
SL or RB
(Straight Line or
Reducing
Balance)
SL or RB
SL or RB
SL or RB
SL or RB
Rate
30%
At beginning of the
year
- - - - -
Disposals
- - - - -
Depreciation
- - 1,7241,724
Impairment
- - -- -
Transfers
- - -
- -
At end of the year
- - -
1,724 1,724
Net book value at the
beginning of the year
900,000
- -5,746905,746
Net book value at the
end of the year
1,110,993 - - 4,022 1,115,015
14.3 Net book value
14.2 Depreciation and impairments*
Freehold land &
buildings
£
Other land &
buildings
£
Plant,
machinery
and motor
vehicles
£
Fixtures,
fittings and
equipment
£
Total
£
900,000 - - 5,746 905,746
210,993 - - - 210,993
- - - - -
- - - - -
- - - - -
1,110,993 - - 5,746 1,116,739
SL or RB
(Straight Line or
Reducing
Balance)
SL or RB SL or RB SL or RB SL or RB

30%
- - - - -
- - - - -
- - 1,724 1,724
- - - - -
- - - - -
- - - 1,724 1,724
900,000 - - 5,746 905,746
1,110,993 - - 4,022 1,115,015

Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

19.1 Analysis of debtors

19.1 Analysis of debtors
Trade debtors
Prepayments and accrued income
Other debtors
Total
This year
£
Last year
£



- -
- -
-
- -

Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)

Prepayments and accrued income
Other debtors
Total
Trade debtors
This year
£
Last year
£



- -
- -
- -
- -

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

20.1 Analysis of creditors
Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Personal loan
Accruals and deferred income
Taxation and social security
Other creditors
**Total **
Amounts falling due
within one year
Amounts falling due after
more than one year





This year
£
Last year
£
This year
£
Last year
£
- - - -
- - - -
- - - -
- 140,100 - 200,000 - 200,000
- - - -
- - - -
- -
- 140,100 - 200,000 - 200,000 -

20.2 Deferred income

20.2 Deferred income
Please explain the reasons why
income is deferred.
Movement in deferred income account
Balance at the start of the reporting
period
Amounts added in current period
Amounts released to income from previous periods
Please complete this note if the charity has
deferred income
This year
Balance at the end of the reporting period
has This year
Last year
£
£
- -
- -
- -
- -
Last year
This year Last year
This year
£
Last year
£
- -
- -
- -
- -

Section C Notes to the accounts

Note 22 Other disclosures for debtors, creditors and other basic financial instruments

22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of

This year Last year
Trustee holding funds
on behalf of Charity
(Debtors)
Trustee using funds on
behalf of Charity
(Creditors)
Trustee holding funds on behalf
of Charity (Debtors)
Trustee using funds on behalf of
Charity (Creditors)

22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.

Section C Notes to the accounts (co

Note 24 Cash at bank and in hand

Note 24 Cash at bank and in hand
Other
Cash at bank and on hand
Total
Short term cash investments (less than 3 months maturity
Short term deposits
This year
£
Last year
£
6528.06 6,384
-
56707.55 75,621
- -
63,236
82,005
at 31st Mar. 24 at 31st Mar. 23

Section C Notes to the accounts (cont)

Note 25 Fair value of assets and liabilities

This year Last year 25.1 Please provide details of the charity's exposure to credit Credit risk exposure for the current debtor risk (the risk of incurring a loss is very low and the level is reducing each due to a debtor not paying Credit risk exposure for the year. The charity's general working what is owed) , liquidity risk current debtor is very low and practices are such that minimizes or (the risk of not being able to the level is reducing each year. eliminates the need for debtors and meet short term financial The charity's general working creditors. The main financial risk to demands) and market risk (the practices are such that charity's assets exists with Sterling or risk that the value of an minimizes or eliminates the Foreign currency devaluation. To minimze investment will fall due to need for debtors and creditors. or eliminate this, funds are transferred by changes in the market) arising The main financial risk to either ensuring it is the minimum workable from financial instruments to charity's assets remains the amount, or on basis of "as and when which the charity is exposed at same as last year. needed". This reduces the charity's exposure to currency devaluation against the end of the reporting period Sterling. and explain how the charity manages those risks.

25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period (2023-2024)

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.

* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Fund names Type PE,
EE R or UR
*

Purpose and
Restrictions
Fund
balances
brought
forward
£
Income
£
Expenditure
£
Transfers
£
Gains and
losses
£
Fund
balances
carried
forward
£
Samimi + other restricted funds R Education 770,602 - 47,554 - - 723,048
Donation & Fund raising UR 75,263 2,184 - - 77,447
Donation & Fund raising R 1,529 - - - 1,529
Rental from Laising R Education - 99,814 - - - 99,814
Rental from Laising UR - 28,153 - - - 28,153
Vaious projects UR - - - 34,898 - - - 34,898
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds (balancing figure) N/a N/a - - - - - -
Fund balances carried forward include assets and liabilities denomina
Total Funds as per balance sheet
845,865 131,680 - 82,452 - - 895,093
ted in a forei Yes
No

gn currency
X
gn currency X

If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or the currency in which the accounts are drawn up).

Section C Notes to the accounts Note 27 Charity funds

27.2 Details of material funds held and movements during the PREVIOUS reporting p Please give details of the movements of material individual funds in the reporting period * Key: PE - permanent endowment funds; EE - expendable endowment funds; R -

Fund names Type
PE, EE
R or UR
*
Purpose
and
Restriction
s
Fund
balances
brought
forward
£
Income
£
Expenditure
£
Fund
balances
carried
forward
£
Education (Samimi +
other restricted funds)
R Education 746,950 76,689 53,037 770,602
UR 81,626 1,906 8,269 75,263
- - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Other funds
(balancing figure)
N/a N/a - - - -
Total Funds as per balance sheet 828,576 78,595 61,306 845,865
Fund balances carried forward include assets and liabilities d Fund balances carried forward include assets and liabilities d Yes
No
Yes
No
enominate
Ifyes, please state the basis on which the

Section C Notes to the accounts (cont)

Note 29 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

There continues to be increasing political and practical pressures brought upon charities working internationally in countries with sanctions. Despite charitable and humanitarian work having "no legal nor sanctions restrictions", a range of professional services such as banking, insurance and accounting has been restricted, making our work unnecessarily complex and difficult. Therefore our work and accounts has been completed in good faith and is compliant to the best of our knowledge and abilities.

Panah Children Charity

Trustee Annual Report

Accounting period of 5[th] April 2023 to 4[th] April 2024

Charitable Activities and Achievements

This year our charity focused on three major areas:

Education programs

Our education programs have now been well established in many deprived rural areas and the very positive feedbacks have ensured the full support and cooperation of the various ministries of education and social services are continued.

This year, the education program delivered over 15 projects, where 373 teachers and facilitators were trained in person (in their counties) and 2,260 teachers and facilitators attended our online programs. The regions and provinces of delivery are listed in this report.

The two main categories of our education programs are:

These topics are provided as standalone workshops but are always included within the academic program packages.

These have been implemented in the following regions:

Note that each teacher/ facilitator has given committed to deliver their new skills to a minimum of 50 pupils. This means that this year alone, the reach of our academic and safeguarding programs will improve quality and effectiveness of care and education for a minimum of 131,650 children.

Unfortunately, due to limited financial and human resources, we were not able to pursue teen workshops in skills training, apprenticeship and entrepreneurship for career development.

Other Charitable Activities

Donations of school bags, books, stationaries, other items and services

Provision of New Year food and meal packs to deprived families and areas

Cochlea implant

In 2020 a parent of a young Afghani child of 6 years of age with a hearing loss, had requested support to fundraise for a Cochlea implant operation to correct his hearing. Our charity organised a variety of fundraisers, however, once we registered the child with the hospital for a planned surgery, it transpired that the family and the child were undocumented immigrants. Their immigrations status resulted in the hospital not being able to perform the surgery. Therefore, our colleagues pursued regularising the family’s immigration status.

After of year of administrative bureaucracy, the family were legalised and were then eligible to use the subsidised implant operation. Unfortunately, by then the government cutbacks in subsidies for all operations had been withdrawn and the unsubsidised cost had gone up to over twenty thousand Pounds. Therefore, the operation was not able to proceed in 2021

nor in 2022. Nevertheless, our charity continued to be in communication with the parents to discuss other type of support we could provide with the available funds.

The good news in May 2023 was that the subsidies had been reinstated and the operation was completed with 70mn touman.

Working with other charities

Ofogh Roshan NGO (Tehran), Kermanshah Centre therapy

We continue to provide financial support for play therapy workshops for children affected by loss and trauma following earthquakes and flooding from previous years.

Duchenne Kavir Charity (nationwide cover)

Cooperation with this organisation is continuing. This year they needed to move office and required financial support, where we contributed 73 m touman towards this move.

Delneshin Charity (Roomeshgan)

Our work continues with this charity in providing financial and other types of support for their educational and after school activities in this deprived area. Unfortunately, this year we have been very limited with our support for the Roomeshgan park play area maintenance and their orphanage project.

Posht o Panah charity

We continue working with this newly registered NGO for our various education and donations to social service supported families and projects in Tehran province.

Kelaram Karam charity (Baloochestan)

Request has been made from for cooperation, which our colleagues are looking in to and seems promising.

Other requests:

There has been may requests from existing and new schools and education centres for continuing to provide further workshops and programs, such as Dehdasht (Kohgilouyeh and Bouyer Ahmad province) or from Balouchestan and Fanooj. This province also requested support to provide water and lavatory facilities to earthquake and flooding affected families. Unfortunately, we were unable to raise sufficient funds to support them at this time.

Panah Charity’s progress and policy reviews

Following the investment of a legacy and financial support from one of our charity’s trustees, two properties have been purchased. One would provide a regular rental income to cover all basic costs and one for a permanent office location for our work. In this, fifteenth year of our registration, these decisions have put our charity in a strong position of stability and longterm sustainability.

Our focus can now be on improving our charity’s practices and procedures, seeking to recruit more volunteers and trustees to increase our resources and undertake even more projects. We will be undertaking a continuous development program and scheduling a frequent policy and compliance reviews. A human resource specialist will be supporting strategy and documentations.

Charity registration number: 1130290 Company registration number: 06850910