Charity number: 1137154
Zobia Nazley Memorial Trust
Trustees' report and financial statements
for the year ended 31 December 2021
Zobia Nazley Memorial Trust
Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees report | 2 - 3 |
| Independent examiners' report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 9 |
Zobia Nazley Memorial Trust
Legal and administrative information
| Charity number | 1137154 |
|---|---|
| Business address | 353 Upper Balsall Heath Road |
| Balsall Heath | |
| Birmingham | |
| B12 9DR | |
| Registered office | 353 Upper Balsall Heath Road |
| Balsall Heath | |
| Birmingham | |
| B12 9DR | |
| Trustees | Mohammed Iqbal |
| Qamar Haq Qureshi | |
| Mohammed Saddique | |
| Secretary | Mohammed Saddique |
| Accountants | SF Chartered Certified Accountants |
| Fairgate House | |
| 205 Kings Road | |
| Tyseley | |
| Birmingham | |
| B11 2AA |
Page 1
Zobia Nazley Memorial Trust
Report of the trustees for the year ended 31 December 2021
The trustees present their report and the financial statements for the year ended 31 December 2021. The trustees who served during the year and up to the date of this report are set out on page 1.
Structure, governance and management
Zobia Nazley Memorial Trust is an unincorporated charity. It was formed in November 2004 to help disabled children who live in Azad Kahmir and Pakistan. There are three trustees who govern the charity. Membership is open to anyone interested and who are able to contibute towards the objective.
Objectives and activities
The principal objectives for which the charity was formed are as under:
-
To promote the relief and rehabilitation of physically and mentally disabled children/people in Azad Kashmir and Pakistan by establishing and providing therapeutic facilities & educational programmes, vocational training programmes, vocational training centres, paramedical training and other services relevant to the needs of such disabled children/people and their families (including the manufacture and provision of aids and equipment).
-
To reach out to disabled persons and their families and provide a range of relief and care services. Such services may be provided through institutional care or in their homes in case the families and their disabled members are unable to access the services outside the house;
-
To enable and empower the persons with disability to live as independently and as fully as possible within and as close to the community to which they belong.
-
To provide social aid through the trust to poor families, widows, orphans, disabled children.
-
To assist and promote the cause of human welfare, in collaboration with similar organisations and foundations engaged in rehabilitation (and social welfare) of the people from backward and far-flung agencies of Azad Kashmir and refugees settled in remote areas of Pakistan
Achievements and performance
The charity has continued to help many disabled children and their families by providing them with school fees, books and meals. The charity was also fortunate to receive a full container of used wheerchairs, standing frames, walking frames, feeding chairs, playmats, lifting hoist and other equipment from Victoria School and old peoples homes in Birmingham which would otherwise be scrapped. The charity sent this equipment to Azad Kashmir where they are being used by disabled school children.
Financial review
During the year, the charity received gross donations of £69,984 and expended £15,221 resulting in a surplus of £54,763 which is carried forward to next year.
Due to the restrictions surrounding COVID-19 throughout the year, the annual dinner was cancelled. However the organisation continued to raise funds through word of mouth and general support to continue supporting the schools in Pakistan.
Page 2
Zobia Nazley Memorial Trust
Report of the trustees for the year ended 31 December 2021
Statement of trustees' responsibilities
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).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which 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 1993 and the Charity (Accounts and Reports) Regulations 2008. 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
On behalf of the board
Mohammed Saddique Secretary
Page 3
Zobia Nazley Memorial Trust
Independent examiner's report to the trustees on the unaudited financial statements of Zobia Nazley Memorial Trust.
I report on the accounts of Zobia Nazley Memorial Trust for the year ended 31 December 2021 set out on pages 2 to 9.
Respective responsibilities of trustees and independent examiner
As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act), as amended by section 28 of the Charities Act 2006 does not apply and that an independent examination is needed. It is my responsibility to examine the accounts under section 43(3)(a) of the Act, as amended; to follow the procedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, as amended; and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(i) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep proper accounting records in accordance with section 41 of the Act; and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
- (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
...........................................................
Allah Ditta Alam
FCCA Independent examiner Office 232 51 Pinfold Street Birmingham
B2 4AY
Page 4
Zobia Nazley Memorial Trust
Statement of financial activities
For the year ended 31 December 2021
| Unrestricted Restricted funds funds Notes £ £ Incoming resources Incoming resources from generating funds: Voluntary income 2 47,485 17,428 Incoming resources from charitable activities 3 5,072 - Total incoming resources 52,557 17,428 Resources expended Transfer to Zobia Nazley Memorial Trust (AK) 9,000 6,000 Advertising costs 206 - Research and development costs 15 - Total resources expended 9,221 6,000 Total funds brought forward 270,314 110,564 Total funds carried forward 313,650 121,992 |
2021 Total £ 64,913 5,072 69,985 15,000 206 15 15,221 380,878 435,642 |
2020 Total £ 75,373 - |
|---|---|---|
| 75,373 | ||
| 29,075 205 - |
||
| 29,280 | ||
| 334,786 | ||
| 380,879 |
The notes on pages 7 to 9 form an integral part of these financial statements.
Page 5
Zobia Nazley Memorial Trust
Balance sheet
as at 31 December 2021
| Notes Current assets Cash at bank and in hand Net current assets Net assets Funds 5 Restricted income funds Unrestricted income funds Total funds |
2021 £ £ 435,641 435,641 435,641 435,641 121,991 313,650 435,641 |
2020 £ £ 380,878 380,878 380,878 380,878 110,564 270,314 380,878 |
2020 £ £ 380,878 380,878 380,878 380,878 110,564 270,314 380,878 |
|---|---|---|---|
| 380,878 | |||
| 110,564 270,314 |
|||
| 380,878 |
The financial statements were approved by the trustees on and signed on its behalf by
Mohammed Iqbal Trustee
The notes on pages 7 to 9 form an integral part of these financial statements.
Page 6
Zobia Nazley Memorial Trust
Notes to financial statements for the year ended 31 December 2021
1. Accounting policies
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
1.1. Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the Charities Act 1993.
1.2. Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
1.3. Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
1.4. Research and development
Research expenditure is written off to the profit and loss account in the year in which it is incurred.
Page 7
Zobia Nazley Memorial Trust
Notes to financial statements for the year ended 31 December 2021
2. Voluntary income
| Unrestricted Restricted funds funds £ £ Donations 47,485 17,428 47,485 17,428 |
2021 Total £ 64,913 64,913 |
2020 Total £ 75,373 75,373 |
|---|---|---|
3. Incoming resources from charitable activities
| Unrestricted funds £ Grants 5,072 5,072 |
2021 Total £ 5,072 5,072 |
2020 Total £ - - |
|---|---|---|
4. Employees
Employment costs
No salaries or wages have been paid to employees, including the trustees, during the year.
Number of employees
The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of full time equivalents, was as follows:
| 2021 Number Analysis of net assets between funds Unrestricted Restricted funds funds £ £ Fund balances at 31 December 2021 as represented by: Current assets 325,077 110,564 325,077 110,564 |
2020 Number Total funds £ 435,641 435,641 |
|---|---|
5. Analysis of net assets between funds
Unrestricted funds does not agree to the balance sheet
Restricted funds does not agree to the balance sheet
Page 8
Zobia Nazley Memorial Trust
Notes to financial statements for the year ended 31 December 2021
| 6. Unrestricted funds Unrestricted Fund 7. Restricted funds Restricted Fund |
At 1 Jan Incoming Outgoing 2021 resources resources £ £ £ 270,314 52,557 ) (9,221 At 1 Jan Incoming Outgoing 2021 resources resources £ £ £ 110,564 17,427 ) (6,000 |
At 31 Dec 2021 £ 313,650 |
|---|---|---|
| At 31 Dec 2021 £ 121,991 |
Page 9
Zobia Nazley Memorial Trust
The following pages do not form part of the statutory accounts.
Zobia Nazley Memorial Trust
Detailed statement of financial activities
For the year ended 31 December 2021
| Incoming resources Incoming resources from generating funds: Voluntary income Donations Total incoming resources from generating funds Incoming resources from charitable activities Grants Total incoming resources Resources expended Costs of generating funds: Cost of generating voluntary income Donations Transfer to Zobia Nazley Memorial Trust (A.K) Donations - Telephone & Internet Donations - Bank charges Total cost of generating voluntary income Fundraising trading: cost of goods sold and other costs Total costs of generating funds |
2021 £ £ 64,913 64,913 64,913 5,072 5,072 69,985 15,000 206 15 15,221 15,221 15,221 |
2020 £ £ 75,373 75,373 75,373 - - 75,373 29,075 206 - 29,281 29,281 29,281 |
2020 £ £ 75,373 75,373 75,373 - - 75,373 29,075 206 - 29,281 29,281 29,281 |
|---|---|---|---|
| 75,373 | |||
| 75,373 | |||
| - | |||
| - | |||
| 75,373 | |||
| 29,281 | |||
| 29,281 | |||
| 29,281 |
Page 11
Zobia Nazley Memorial Trust
Detailed statement of financial activities
For the year ended 31 December 2021
| Charitable activities Governance costs Activities undertaken directly Office expenses - Other Total governance costs Net incoming/(outgoing) resources for the year |
2021 £ - - - 54,764 |
2020 £ ) (1 ) (1 ) (1 46,093 |
|---|---|---|
Page 12