OpenCharities

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

← Afro-Asia Welfare Trust

2024-04-05-accounts

- Afro Asia Welfare Trust

Charity No. 1134327

Report of the Trustees

for the Year Ended 5 April 2024

Afro-Asia Welfare Trust

- Report of the Trustees For the Year Ended 5 April 2024

The Trustees have pleasure in presenting their report for the charity for the year ended 05 April 2024.

Aims and Purpose

The aim is “To relieve poverty, advance education and promote and protect good health in such ways as are charitable within the law of England and Wales and to carry out such other charitable purposes as the trustees shall from time to time consider appropriate”.

Objectives and Activities

In order to achieve this aim, the trustees must apply income generated in the name of the Charity through the following:

Achievements and Performance

– Orphanage & School Kissongo, Tanzania

In line with the charity’s primary objective, the charity in the past year has continued to run and maintain its main project, namely the orphanage and school in Kissongo Village, Tanzania. This facility currently provides the following to 209 orphan children (up from 170 children in the last financial year) on its register:

The charity in the past year assumed responsibility for all the financial expenses incurred by the above activities. In addition to this, the charity assumed financial responsibility for the salaries of all staff including teachers, supervisors, cooks and cleaners and for the repairs and maintenance of the orphanage, school and its grounds.

The school in this year held its annual graduation ceremony on the 11[th] of November. There were 7 students who completed the memorisation of the Qur’an in this year and a competition was arranged between the graduates with locals and guests from Arusha invited to attend. Imam Shoeb, who had travelled to Tanzania from the UK on behalf of the charity, was also in attendance and judged the competition himself with cash prizes awarded to the winners. This was followed by the graduation ceremony for all 7 students. The programme was concluded with a meal being served to all the guests, students and teachers.

– Orphanage & School Dunga, Zanzibar

The Orphanage and school in Dunga has now been running for 5 years at the end of this financial year after opening its doors in April 2019. The charity was responsible for providing the same facilities as it also provides in the orphanage and school in Kissongo which is as follows:

The number of students at the end of this financial year stood at 98, down from 130 students at the end of the last financial year.

The charity in the past year assumed responsibility for all the financial expenses incurred by the above activities. In addition to this, the charity assumed financial responsibility for the salaries of all staff including teachers, supervisors, cooks and cleaners and for the repairs and maintenance of the orphanage, school and its grounds.

The school in this year held its 4th annual graduation ceremony on the 23[rd] of December. There were 6 students who completed the memorisation of the Qur’an in this year and a competition was arranged between the graduates with local scholars and guests invited to attend. Imam Shoeb, who had travelled to Tanzania from the UK on behalf of the charity, was also in attendance and judged the competition himself with cash prizes awarded to the winners. This was followed by the graduation ceremony for all 6 students. The programme was concluded with a meal being served to all the guests, students and teachers.

Other Activities

The charity has continued with the various charitable and educational projects it runs, predominantly around the existing school and orphanage in Kissongo. Some of the more significant of these are as follows:

  1. Continued to support severely deprived ‘single mum families’ in the village of Kissongo with monthly maintenance payments. This remains at approx.150 families being supported, with no change since the last financial year.

  2. Continued weekly lessons on health and hygiene and social, educational and spiritual issues for the local women of Kissongo.

  3. Continued to provide water facilities to a number of remote rural settlements.

  4. The charity has during this financial year pledged to seek out and support struggling locally run educational institutions in Tanzania. Imam Shoeb during his visit this year has visited and assessed the needs of several such institutions with plans now being made on how to best offer the support required.

Charity name amendment following issues transferring charitable funds abroad

Following the charity’s resolve to overcome issues with transferring charitable funds to Tanzania, as reported in the previous financial year, a suggestion following discussions with Barclays Bank and the Charity Commission was to change the name of the Charity. This motion was put forward in the charity’s AGM on 25/02/24. The new name suggested for the charity was ‘Afro-Asia Welfare Trust’ with the charity looking to extend its reach to other parts of Africa alongside Tanzania whilst also exploring charitable opportunities in Asia. This suggested name change was unanimously accepted by all members present. This was then communicated to the Charities Commission and the charity’s name was changed accordingly.

Extension of charitable works outside of Tanzania

The charity has been working in Tanzania and Zanzibar for over 10 years now. It is now the trustee’s and member’s desire that the charity’s activities are expanded to other countries in the African continent as well as Asia as the majority of the charity’s donors locally in the UK are of south Asian ethnicity. This expansion of the charity’s activities was approved at this year’s AGM and was reflected in the charity’s new name as reported above.

Following this, the charity has received offers from several charities in the UK to work in partnership to establish and work towards common objectives in deprived areas in Africa (outside of Tanzania) and in Asia. One such offer was from Captain Muazzam Ali Shaheed Welfare Foundation (registered UK charity number: 1163852), a Sheffield based charity working in Pakistan for over 2 decades now ‘providing the vulnerable, poor and destitute with basic physiological and safety needs including food, water, shelter, clothing, education and healthcare’.

With their work already well known to the charity’s trustees, members and donors, a partnership was agreed, and a project was developed to provide educational opportunities in line with the charity’s objectives to deprived areas of Pakistan using the presence on the ground and experience of the Captain Muazzam Ali Shaheed Welfare Foundation.

One such area identified was Nawabshah in the region of Sindh. With an agreement of funding from the charity, the Captain Muazzam Ali Shaheed Welfare Foundation, with oversight from the charity’s trustees, has started work on the construction of a school with an adjoining mosque for the local communities’ spiritual and education needs. The charity at the end of the financial year had spent £40,000 of unrestricted funds behind this endeavour.

Financial Review

The charity had brought forward a balance of £729,204.00 of available funds at the start of this financial year. The charity received funds through donations totalling £103,081.00 and incurred expenses amounting to £140,000.00 Therefore, the charity has a balance of £692,258.00 available for its charitable activities at the end of this financial year.

Reserves Policy

It is the intention of the trustees to hold in reserve at least £50,000 of unrestricted funds to ensure that any unforeseen circumstances are addressed effectively.

Volunteers

The charity would like to like place on record its thanks to all volunteers who worked tirelessly during the year to ensure its effective running. Al always, special thanks are in order to the trustees who have utilised their own funds to support the aims and objectives of the charity and to develop relationships with NGO’s in Tanzania.

Structure, Governance and Management

The method of appointing trustees is set out in the charity’s Trust Deed document. The trustees are responsible for making decisions of general concern and importance and for ensuring the needs of the charity’s aims and objectives are met.

Administrative Information

Afro-Asia Welfare Trust has its registered office based at 324 Barnsley Road in Sheffield, South Yorkshire.

The trustees who have served from the date that the charity was first established until the date of this report being approved are:

Approved by order of the board of trustees on 04 February 2025 and signed on its behalf by:

Mr Irshad Akbar - Trustee

Afro-Asia Welfare Trust Charity Reg No. 1134327

Financial Statements

for the Year Ended 5 April 2024

5J Accountants Ltd Unit 37. City Quay Camperdown Street. Dundee. DD1 3JA

Afro-Asia Welfare Trust

Contents of the Financial Statements for the Year Ended 5 April 2024

Page
Trustees Statement 1
Independent Examiner's Report 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the Financial Statements 5
- 6
Detailed Statement of Financial Activities 7

Afro-Asia Welfare Trust

Trustees Statement

The trustees present their report with the financial statements of the charity for the year ended 5 April 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019).

Page 1

Independent Examiner's Report to the Trustees of Afro-Asia Welfare Trust

Independent examiner's report to the trustees of Afro-Asia Welfare Trust

I report to the charity trustees on my examination of the accounts of Afro-Asia Welfare Trust (the Trust) for the year ended 5 April 2024.

Responsibilities and basis of report

As the charity trustees of the Trust, 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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 Trust 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 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.

umarjanjua

Umar Janjua (ACCA) 5J Accountants Limited Unit 37. City Quay. Camperdown Street Dundee. DD1 3JA

4[th] February 2025

Page 2

Afro-Asia Welfare Trust

Statement of Financial Activities for the Year Ended 5 April 2024

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
52,202
EXPENDITURE ON
Charitable activities
School/madrassah in Tanzania
140,000
NET INCOME/(EXPENDITURE)
(87,798)
RECONCILIATION OF FUNDS
Total funds brought forward
343,246
TOTAL FUNDS CARRIED FORWARD
255,448		 Restricted
fund
£
50,879
-
50,879
385,958
436,837		 5.4.24
Total
funds
£
103,081
140,000
(36,919)
729,204
692,285
 5.4.23
Total
funds
£
165,787
117,552
48,235
680,969
729,204

The notes form part of these financial statements

Page 3

Alfro-Asia Welfare Trust

Balance Sheet

5 April 2024

5.4.24 5.4.23
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
CURRENT ASSETS
Cash at bank 255,478 436,837 692,285 729,204
NET CURRENT ASSETS 255,478 436,837 692,285 729,204
TOTAL ASSETS LESS CURRENT
LIABILITIES 255,478 436,837 692,285 729,204
NET ASSETS 255,478 436,837 692,285 729,204
FUNDS 5
Unrestricted funds:
General fund 255,448 343,246
Restricted funds:
Zakaat fund 436,837 385,958
TOTAL FUNDS 692,285 729,204

The financial statements were approved by the Board of Trustees and authorised for issue on 04 February 2025 and were signed on its behalf by: Biact, He

Mr Shoeb Desai -Trustee

Mr Irshad Akbar -Trustee

The notes form part of these financial statements

Page 4

Afro-Asia Welfare Trust

Notes to the Financial Statements

for the Year Ended 5 April 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for certain restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for certain restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. GRANTS PAYABLE

GRANTS PAYABLE
5.4.24 5.4.23
£ £
School/madrassah in Tanzania and Pakistan 140,000 117,537

The donations are paid to a School/Madrassah established and operated in Tanzania and Pakistan.

Page 5

continued...

Afro-Asia Welfare Trust

Notes to the Financial Statements - continued

for the Year Ended 5 April 2024

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 5 April 2024 nor for the year ended 5 April 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 5 April 2024 nor for the year ended 5 April 2023.

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

5.

INCOME AND ENDOWMENTS FROM
Donations and legacies
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Zakaat fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Zakaat fund
TOTAL FUNDS		 Unrestricted
fund
£
100,431
-17,121
360,367
343,246
At 6.4.23
£
343,246
385,958
729,204
Incoming
resources
£
52,202
50,879
103,081		 Restricted
Total
fund
funds
£
£
65,356
165,787
65,356
48,235
320,602
680,696
385,958
729,204
Net
movement
At
in funds
5.4.24
£
£
(87,798)
255,448
50,879
436,837
-36,919
692,285
Resources
Movement
expended
in funds
£
£
(140,000)
(87,798)
-
50,879
(140,000)
(36,919)

Page 6

continued...

Afro-Asia Welfare Trust

Detailed Statement of Financial Activities
for the Year Ended 5 April 2024
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Total incoming resources
EXPENDITURE
Charitable activities
Grants to institutions
Support costs
Finance
Bank charges
Total resources expended
Net (expense) / income		 5.4.24
£
103,081
103,081
140,000
140,000
(36,919)		 5.4.23
£
165,787
165,787
117,537
15
117,552
48,235

This page does not form part of the statutory financial statements

Page 7

Independent Examiner's Report to the Trustees of Afro-Asia Welfare Trust

Independent examiner's report to the trustees of Afro-Asia Welfare Trust

I report to the charity trustees on my examination of the accounts of Afro-Asia Welfare Trust (the Trust) for the year ended 5 April 2024.

Responsibilities and basis of report

As the charity trustees of the Trust, 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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 Trust 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 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.

umarjanjua

Umar Janjua (ACCA) 5J Accountants Limited Unit 37. City Quay. Camperdown Street Dundee. DD1 3JA