## **Trustees' Annual Report for the period**
**From**
Period start date Period end date **01 06 2022 31 05 2023**
**To**
## Section A Reference and administration details
## **Charity name** MC FUND
**Other names charity is known by Registered charity number (if any)** 06906324
128 CITY ROAD LONDON ENGLAND **Postcode EC1V 2NX**
## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Mr Amin
1 Mohammed
Umarjee
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
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**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
## **Names and addresses of advisers (Optional information)**
**Type of adviser Name Address**
## **Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
Declaration of Trust Dated 10/01.2024
- (eg. trust deed, constitution)
How the charity is constituted
Company
- (eg. trust, association, company)
Trustees are appointed or reappointed annually at the Annual General Trustee selection methods Meeting
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
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## **Section C Objectives and activities**
|**Summary of the objects of the**
**charity set out in its**
**governing document**
**Summary of the main**
**activities undertaken for the**
**public benefit in relation to**
**these objects (include within**
**this section the statutory**
**declaration that trustees have**
**had regard to the guidance**
**issued by the Charity**
**Commission on public**
**benefit)**|TO CARRY OUT PROJECTS TO RELIEVE POVERTY WHEREVER
THERE IS A NEED.
TO PROMOTE GOOD HEALTH AND ADVANCE EDUCATION IN THE
AREA OF BIHAR INDIA
TO PROVIDE RELIEF AND ASSISTANCE TO PEOPLE WHO ARE THE
VICTIMS OF WAR OR NATURAL DISASTER, TROUBLE OR
CATASTROPHE IN THE WORLD.
TO PROMOTE HEALTH AND RELIGIOUS EDUCATION IN THIRD
WORLD COUNTRIES ESPECIALLY AFRICA AND ASIA|
|---|---|
||WITH KEEPING IN MIND THE CHARITY COMMISIION’S GUIDANCE
ON PUBLIC BENEFIT ACTIVITES FOR THE YEAR WERE PLANNED
AT OUR TRUSTEE MEETINGS.
ACTIVITES WERE AS FOLLOWS:
-
WORK WITH OTHER LOCAL CHARITIES
-
TO REACH OUT PEOPLE ON LARGER PLATFORM
BY MEANS OF ADVERTISING ON TELEVISON.|
## **Additional details of objectives and activities (Optional information)**
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You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
## Section D Achievements and performance
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Section D Achievements and performance CHARITY HAS DEVELOPED WEBSITE AND ALSO ADVERTISING ON **Summary of the main** TELEVISON HAS TRIED REACHING PUBLIC TO PROVIDE PEOPLE **achievements of the charity** IN NEED OF HELP ALL OVER WORLD. **during the year** HAS WORKED WITH OTHER CHARITES IN ASIA PROMOTING EDUCATION AND ALSO HELP WITH NORMAL DAY TO DAY LIFE NECESSITES.
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## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
CASH AT BANK DATED 31/03/2023 WAS £14,828 IN UNRESTRICTED FUNDS.
**Details of any funds materially in deficit**
- NOT APPLICABLE
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** Mr Amin Mohammed Umarjee
**Full name(s)** Mr Amin Mohammed Umarjee **Position (eg Secretary,** TRUSTEE **Chair, etc) Date** 10/01/2024
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Registered number 06906324
MC FUND
Accounts
31 May 2023
## **MC FUND Report and accounts Contents**
||**Page**|
|---|---|
|Company information|1|
|Accountants' report|2|
|Profit and loss account|3|
|Balance sheet|4|
|Detailed Profit and loss account|5|
|Detailed Balance sheet|6|
## **MC FUND Company Information**
## **Director**
Mr Amin Mohammad Umarjee
## **Accountants**
Fast Accountancy Solutions Ltd 84 Katherine Road East Ham London E6 1EN
## **Registered office**
128 City Road, London England, EC1V 2NX
## **Registered number**
06906324
1
## **MC FUND Accountants' Report**
## **Accountants' report to the director of MC FUND**
You consider that the company is exempt from an audit for the year ended 31 May 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account and the Balance Sheet from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Fast Accountancy Solutions Ltd Accountants & Tax Consultants
84 Katherine Road East Ham London E6 1EN
1 January 2024
2
## **MC FUND**
## **Profit and Loss Account for the year ended 31 May 2023**
|**Donations Received**
Charity work
**Gross profit**
Other charges
**Surplus of Income**
**Surplus**|**2023**
**£**
36,213
(21,385)
14,828
(150)
14,678
14,678|**2022**
**£**
5,949
(5,529)
420
(173)
247
247|
|---|---|---|
3
## **MC FUND Registered number: 06906324 Balance Sheet as at 31 May 2023**
|Current assets
Creditors: amounts falling due within one
year
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after more
than one year
**Net assets/(liabilities)**
**Capital and reserves**|14,828
(150)|**2023**
**£**
14,678
14,678
(3,684)
10,994
10,994|**2022**
**£**
-
(150)
(150)
(150)
(3,534)
(3,684)
(3,684)|
|---|---|---|---|
The company is a private company limited by shares and incorporated in England. Its registered office is 128 City Road, London, England, EC1V 2NX.
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Amin Mohammad Umarjee Director Approved by the board on 10 January 2024
4
## **MC FUND**
## **Detailed profit and loss account items for the year ended 31 May 2023**
_This schedule does not form part of the statutory accounts_
|**Sales**
Donations
**Cost of raw materials and consumables**
Charity Work
**Other charges**
General administrative expenses:
Bank charges
Legal and professional costs:
Accountancy fees|**2023**
**£**
36,213
21,385
-
-
150
150
150|**2022**
**£**
5,949
5,529
23
23
150
150
173|
|---|---|---|
5
## **MC FUND**
## **Detailed balance sheet items as at 31 May 2023**
_This schedule does not form part of the statutory accounts and should NOT be sent to HMRC_
|**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
Trade creditors
**Creditors: amounts falling due after more than one year**
Other creditors
**Capital and reserves**
Profit and loss account
**Profit and loss account**
Brought forward
Profit|**2023**
**£**
14,828
150
3,684
10,994
(3,684)
14,678
10,994|**2022**
**£**
-
150
3,534
(3,684)
(3,931)
247
(3,684)|
|---|---|---|
6
## **Independent examiner’s report on the accounts**
**Report to the trustees/ members of** MC FUND
**On accounts for the year ended** 31[st] May 2023
## **Responsibilities and basis of report: -**
I report to the trustees on my examination of the accounts for the year ended 31 March 2023. As the charity trustees of the Trust, you are responsible for the preparation o1 the accounts in accordance with the Charities Act 2011 ("the Act").
I report in respect of my examination of the Trust's accounts carried out under s145 of the Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under s145(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 which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act; or
- the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Signed:** Faiza Faisal
**Name:** Mrs Faiza Faisal **[Address: -]**[ Fast Accountancy Solutions Ltd ] 84 Katherine Road E6 1EN **Relevant professional qualification(s) or body (if any) Date** 10/01/2024
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