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2021-10-31-accounts

DocuSign Envelope ID: D62EAC97-3552-4A73-9AA3-AF3E1A41A3C2

Charity No. 1132783

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KANZ UL HUDA
Annual Report and Financial Statements
for the Period from 1 November 2020 to 31 October 2021
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DocuSign Envelope ID: D62EAC97-3552-4A73-9AA3-AF3E1A41A3C2

Contents

Legal and administrative information

Report of the Trustees

Receipts and Payments Statement of Assets and Liabilities

Notes forming part of the financial statements

DocuSign Envelope ID: D62EAC97-3552-4A73-9AA3-AF3E1A41A3C2

Legal and administrative information Charity number 1132783 Registered address Unit 7-8, Saltley Industrial Centre, Adderley Road, Birmingham, B8 1AW Trustees Saqib Iqbal Anila Nazir Mohammed Habib Bankers Barclays PLC Sort Code – 20-77-62 Account - 43518108

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DocuSign Envelope ID: D62EAC97-3552-4A73-9AA3-AF3E1A41A3C2

KANZ UL HUDA

Trustees' Report

The Trustees present their annual report and accounts for the period ended 31 October 2021.

The accounts have been prepared in accordance with the receipts and payments basis in accordance with the Charity Commission guidance

Structure, governance and management

The charity is an unincorporated charity, formed under a trust deed on the 23 October 2009. The Charity registered with the Charity Commission on the 19 November 2009

Trustees are legally responsible for the governance and management of the charity. There are three founding Trustees that are appointed for life. Trustees are responsible for setting strategies and policies and ensuring these are implemented.

Risk management

The charity's trustees have considered the major risks to which the charity is exposed and have reviewed potential risks. Systems and procedures have been put in place to manage the risks and to mitigate any adverse outcomes.

Objectives and activities

The governing scheme defines the charity's objects as being to:

  1. To promote the teachings and tenets of Islam, through worship, rites of passage, and provision of facilities for Islamic education in accordance with the teachings of the holy Qur’an and the Sunnah of the Prophet Muhammad (PBUH) as defined by imams and scholars of the Sunni HanafiBarelwi school of thought of the Asian subcontinent.

  2. To advance education for the public benefit by providing scriptural, cultural and spiritual educational activities as well as organising educational supplementary support and facilitating language classes.

  3. The prevention or relief of poverty or financial hardship anywhere in the world by providing or assisting in the provision of education, training, healthcare, food, basic necessities, clean water, shelter projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.

  4. To provide facilities for recreation or other leisure-time occupation to those in need by reason of their youth, age, infirmity, disability, financial hardship or social and economic circumstances.

  5. To promote knowledge and mutual understanding and respect of the beliefs and practices of different religious faiths to the public highlighting shared values and common interests.

Achievements and Performance

Kanz ul Huda have been providing many services for the benefit of the local community.

A foodbank was put into action following the covid-19 lockdown. This supported over 300 families and individuals that were in dire need as well as supporting other organisations and charities. We provided more than 8,000 free meals.

Our revival gatherings continue on a weekly basis. This is attended by more than 150 members of Kanz ul Huda from across the UK. The purpose for the gatherings is to motivate and spiritually enhance the community and to increase in Islamic knowledge.

We have also had other gatherings throughout the year. Monthly Ghiyarve Islamic gatherings which is attended by more than 250 people from the community. We also held Taraweeh prayer (night prayer) where attendance ranged from approx. 100 to 300 people. Finally, we held Eid prayers which was attended by approx. 300 people.

Financial review

During the period of 2021, the Charity received in the bank, total income of £65k (2020: £53k). After incurring payments of £2.2k (2020: £1.1k). The carried forward fund balance is £234k. (2020: £171k).

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DocuSign Envelope ID: D62EAC97-3552-4A73-9AA3-AF3E1A41A3C2

Future plans

Kanz ul Huda future plans include the expansion of our current courses as well as introducing new courses and modules. We aim to increase our outreach programmes, focusing on youth development in our local community. We also aim to make renovations to our Wudhu facilities.

Trustees' responsibilities statement

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities

25/08/2022

This report was approved by the trustees on ………………………………… and signed on their behalf by:

…………………………………

Mr Mohammed Habib Trustee

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DocuSign Envelope ID: D62EAC97-3552-4A73-9AA3-AF3E1A41A3C2

Independent Examiner's Report to the trustees of KANZ UL HUDA

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 8 to 10.

Respective responsibilities of trustees and examiner

As the charity’s trustees of KANZ UL HUDA you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the KANZ UL HUDA 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 KANZ UL HUDA as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting 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.

DUA GOVERNANCE …………………………. Chartered Accountants and Business Advisors Nasir Rafiq BA FCA Bradford Court 123-131 Bradford Street 30 August 2022 Digbeth, Birmingham Date ...................... B12 0NS

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DocuSign Envelope ID: D62EAC97-3552-4A73-9AA3-AF3E1A41A3C2

KANZ UL HUDA

Receipts and Payments Accounts (Bank)

From 1 November 2020 to 31 October 2021

Receipts
General Donation
COVID-19 Grant
Total receipts
Payments
Professional Fees
Office Expenses
Utilities
Total payments
Net of receipts/(payments)
Transfers between funds
Cash funds last year end
Cash funds this year end		 Unrestricted
Restricted
Total
Total
Funds
Funds
2021
2020
£
£
£
£
64,939
0
64,939
47,596
0
0
0
5,788
64,939
0
64,939
53,384
1,080
0
1,080
0
414
0
414
440
750
0
750
703
2,243
0
2,243
1,143
62,696
0
62,696
52,241
0
0
0
0
146,368
24,632
171,000
118,759
209,064
24,632
233,696
171,000

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DocuSign Envelope ID: D62EAC97-3552-4A73-9AA3-AF3E1A41A3C2

KANZ UL HUDA Statement of Assets and Liabilities

As at 31 October 2021

Unrestricted Restricted Total Total
Funds Funds 2021 2020
£ £ £ £
Cash Funds
Cash at Bank 209,064 24,632 233,696 171,000
Cash held in hand 0 0 0 0
Total Cash funds 209,064 24,632 233,696 171,000
Investment Assets 0 0 0 0
0 0 0 0
Assets retained for the charity’s
own use 0 0 0 0
Total 209,064 24,632 233,696 171,000
Liabilities 900 0 900 900

25/08/2022

Approved by the trustees on …………………………………….. and signed on their behalf by:

…………………………………………..

Mr Mohammed Habib Trustee

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DocuSign Envelope ID: D62EAC97-3552-4A73-9AA3-AF3E1A41A3C2

Notes forming part of the financial statements for the year ended 31 October 2021

1. Accounting policies

The accounts have been prepared in accordance with the receipts and payments basis in accordance with the Charity Commission guidance.

Kanz ul Huda was established under a trust deed and is a registered with the Charity Commission under the reference of 1132783. The Trustees are appointed and function in accordance with the trust deed.

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

All incoming resources are included in the Receipt & payment Accounts when the charity actually obtains legally entitled income.

All expenditure is accounted for on payments basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.

2. Debt outstanding

There is no particulars of any debt outstanding at the date the statement of assets and liabilities which is owed by Kanz ul Huda and which is secured by an express charge on any of the assets of Kanz ul Huda

3. Related Parties

Controlling entity

The charity is controlled by the trustees. During the year the Trustees received no emoluments or incurred any expenses using Trust funds.

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