OpenCharities

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

2025-03-31-accounts

DEDZA WELFARE TRUST

ANNUAL REPORT AND ACCOUNTS

FOR YEAR ENDED 31 MARCH 2025

DEDZA WELFARE TRUST ANNUAL REPORT AND ACCOUNTS CONTENTS

Page
Charity Information 1
Report of the Trustees 2 – 4
Independent Examiner’s Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Accounts 8 - 11

DEDZA WELFARE TRUST CHARITY INFORMATION

CHARITY TRUSTEES

Mr Mussa A Saleh Mr Bashir Ahmed Adam Mr Suleman Ahmed Mogra Mr Sabir Ebrahim Akuji Mr Mahomad Equbal Makda Mr Ismail Yusuf Alibhai Mr Asif Gulam Mohammed Omarji

Chairman Vice Chairman Treasurer Vice Treasurer Secretary Vice Secretary Malawi Secretary

Mr Mehboob Mussa Sidat Trustee Mr Aboobaker Ahmed Trustee Mr Hassan Momoniat Trustee Mr Ayub Adam Trustee Mr Bilal Mulla Trustee Mr Zubair Sidat Trustee

REGISTERED OFFICE PO Box 10388 Leicester LE5 9HG REGISTERED CHARITY 1139363 NUMBER INDEPENDENT EXAMINER Yusuf Ghumra

Yusuf Ghumra Ghumra & Co Limited Chartered Accountant 45 Broadway Road Leicester LE5 5TB

Page 1

DEDZA WELFARE TRUST REPORT OF THE TRUSTEES

The Charity Trustees, who are the members Executive Committee of the Trust, present their annual report and accounts for the year ended 31[st] March 2025. The Charity Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charitie”: in preparing the annual report and financial statements of the charity.

Governing document

The Trust is an unincorporated organisation formed by adoption of the original constitution dated 9 May 2010 as amended on 20 November 2010 and is registered as a Charity with Charity Commission for England and Wales under charity number 1139363.

Objects of the Association

The principal objects of Dedza Welfare Trust are:

Charity Trustees

The Executive Committee (and Honorary Officers) is elected by the members at the annual general meeting to serve for a period of two year commencing the end of that meeting.

The Current Charity Trustees are shown on page 1.

The following resigned on 28 April 2026:

Mr Asif Gulam Mohammed Omarji

Governance and management

The Trust is governed by an Executive Committee, which is responsible to the membership for the effective management of the Trust. The Executive Committee comprises a minimum of 3 Honorary Officers members.

Meetings are held on a regular basis.

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

Page 2

DEDZA WELFARE TRUST REPORT OF THE TRUSTEES

(Continued)

The law applicable to charities in England & Wales requires the trustees to prepare accounts 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 charitable company and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts Reports) Regulations 2015 and trust deed. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Review of Activities and Future Developments

The statement of financial activities for the year is set out on page 6 of the accounts.

The trust collected voluntary donations amounting to £894,594 from well-wishers and the general public.

This has been used in providing vital aid to affected parts of Malawi and other parts of the world. During the year, the trust distributed £ 759,468 for needy causes – see note 2 on page 9.

Surplus is being held pending evaluation of some specific projects that the trustees feel would be of enduring benefit to alleviate poverty and disease.

The trustees always bear in mind unforeseen emergencies that may require urgent application of funds.

Public Interest

In planning activities the trustees kept in mind the Charity Commissioner’s guidance on public benefit at the meetings.

Our main partners in the delivery of aid to beneficiaries and affected areas in Malawi are Dedza Welfare Charity Trust, An-Nasihah Trust and Islamic Zakat Fund.

Regulations and Outside Bodies

We have registered as data controller with the Information Commissioner as required by the Data Protection Act 1998.

Volunteers

On many occasions the Association involves volunteers in the delivery of its activities. We have a full range of policies and procedures operating to ensure this involvement is successful and beneficial to all parties.

Page 3

DEDZA WELFARE TRUST REPORT OF THE TRUSTEES

(Continued)

Risk Management

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of controls over key financial systems, will provide sufficient resources in the event of adverse conditions.

Approved by the Board of the Charity Trustees on 21 October 2025 and signed on their behalf:

Mussa A Saleh Chairman

Page 4

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF DEDZA WELFARE TRUST

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which are set out on pages 6 to 11.

Responsibilities and basis of report

As the charity’s trustees 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 charity’s accounts carried out under section 145 of the 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

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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 charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. 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.

Yusuf Ghumra BSc FCA

Chartered Accountant

45 Broadway Road Leicester LE5 5TB

21 October 2025

Page 5

DEDZA WELFARE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Note
Income from:
Voluntary donations
Gift aid
Other
Total income
Expenditure on:
Charitable activities
2
Management and administration
3
Total expenditure
Net Income / (expenditure)
Total funds brought forward
Total funds carried forward
Unrestricted
funds
£
-
92,998
-
92,998
-
20,676
35,286
72,322
67,086
139,408
Restricted
funds

£

894,594

-

-
894,594

759,468

-

759,468

135,126

212,242

347,368
2025
Total

£

894,594

92,998

-

987,592

759,468

20,676
780,144

207,448

279,328

486,776
2024
Total

£

895,590

-

-
895,590

930,271

9,810

940,081

(44,491)

323,819

279,328

The notes on pages 7 and 10 form part of these accounts.

Page 6

DEDZA WELFARE TRUST BALANCE SHEET AS AT 31 MARCH 2025

Note
CURRENT ASSETS
Debtors
6
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
7
NET CURRENT ASSETS
NET ASSETS
INCOME FUNDS
Unrestricted funds
Restricted funds
Unrestricted
funds
£
-
140,733
140,733
(1,324)
139,408
139,408
139,408
-
139,408
Restricted
funds

£

1,324

445,417

446,741

(99,373)
347,368

347,368

-

347,368

347,368
2025
Total

£

1,324

586,150

587,474
(100,698)
486,776

486,776

139,408

347,368

486,776
2024
Total

£

14

279,328

279,342

(14)
279,328

279,328

67,086

212,242

279,328

Approved by the Board of the Charity Trustees on 21 October 2025 and signed on their behalf:

Suleman Mogra Treasurer

Mussa A Saleh Chairman

The notes on pages 7 and 10 form part of these accounts.

Page 7

DEDZA WELFARE TRUST NOTES TO THE ACCOUNTS AS AT 31 MARCH 2025

1. Summary of significant accounting policies

General information and basis of preparation

Dedza Welfare Trust is an unincorporated organisation formed by adoption of the original constitution dated 9 May 2010 and is registered as a Charity with Charity Commission for England and Wales under charity number 1139363. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity’s operations and principal activities are:

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with:

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value.

The financial statements are presented in sterling which is the functional currency of the charity.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Funds

Unrestricted funds 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.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

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.

Page 8

DEDZA WELFARE TRUST NOTES TO THE ACCOUNTS AS AT 31 MARCH 2025 (CONTINUED)

Income recognition

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.

No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees’ Annual Report.

Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to performance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity.

Foreign currency

Foreign currency transactions are initially recognised by applying to the foreign currency amount the spot exchange rate between the functional currency and the foreign currency at the date of the transaction.

Monetary assets and liabilities denominated in a foreign currency at the balance sheet date are translated using the closing rate.

Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

Page 9

DEDZA WELFARE TRUST NOTES TO THE ACCOUNTS AS AT 31 MARCH 2025 (CONTINUED)

2. Analysis of expenditure on charitable activities

Malawi - Ramadan Food Packs
Malawi - Education & Sponsorship
Malawi – Women welfare and education
Malawi – Islamic education and Buildings
maintenance
Malawi - Orphanage Support
Malawi – Clean Water Projects
Malawi - Cataract / medical Operations
Global Aid appeals
Malawi – Self Sustaining Projects (goat farming)
Malawi - Islamic Books
Malawi – Cyclone Freddy Appeal
Morocco – Earthquake Appeal
Unrestricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds
£
43,032
280,320
6,000
109,248
67,850
26,300
8,375
181,410
36,933
-
-
-
759,468
2025
£
43,032
280,320
6,000
109,248
67,850
26,300
8,375
181,410
36,933

-

-

-
759,468
2024
£
84,512
233,021
5,830
187,500
65,580
14,682
-
271,377
32,237

10,055

15,477

10,000
930,271

3. Analysis of expenditure on Management and administration

Printing
Independent Examiners’ remuneration
Bank charges
Sundries
Website expenses
Marketing
Cost of Trustee’s meetings
Travelling
Consultancy
Unrestricted
funds
£
3,920
462
2,772
2,128
521

1,679
6,454
2,740
20,676
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
2025
£

3,920

462

2,772

2,128

521



1,679

6,454

2,740


20,676
2024
£
2,501
462
2,851
1,174
252
490
1,946
134
9,810

Page 10

DEDZA WELFARE TRUST NOTES TO THE ACCOUNTS AS AT 31 MARCH 2025 (CONTINUED)

4. Trustees and related parties Trustee expenses and remuneration

2025
Number of trustees who were paid expenses
None
Total amount paid
Nil
Trustees’ Remuneration
Nil
Material interest of the trustees
No trustee had a material interest in any contracts during the year.
5.
Debtors
2025
£
Other Debtors
1,324
1,324
6.
Creditors: amounts falling due within one year
2025
£
Other creditors – Unrestricted funds
1,324
Loans from individuals – Restricted funds
99,374
100,698
2024
None
Nil
Nil
2024
£
14
3,485
2024
£
14
-
14

Page 11