CHARTfY REGISTRATION NUMBER: 1143229 Alkhidmat Welfare Unaudited Financial Statements 31 May 2024
Alkhidmat Welfare Financial Statements Period from 1 January 2023 to 31 May 2024 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Statement of cash flows Notes to the financial statements
Alkhidmat Welfare Trustees, Annual Report Period from 1 January 2023 to 31 May 2024 The trustees present their report and the unaudited financial statements of the charity for the period ended 31 May 2024. Reference and administrative details Reglstered charity name Charity registration number Principal office Alkhidmat Welfare 1143229 65 North Acton Road Park Royal London NW10 6PJ United Kingdom The trustees Komal Shah Tauqir Hassan F2heemul Haque Farooqui Syed Shaukat Ali IAppoinled 28 January 2025} (Appointed 3 October 2023} (Appointed 15 May 2023} Independent examiner Selhi and Co Ltd 605 Lemonade Building 3 Arboretum Place Barking Essex United Kingdom IG117PX Structure, govemance and management Alkhidmat Foundation is govemed by a Board of Trustees responsible for overseeing the Foundation's strategi¢ direction. ensuring good governance, financial accountability, and compliance with the accounting policies set out in notes lo the accounts and comply with the chartty's governing documenL
Alkhidmat Welfare Trustees, Annual Report(contlnuedJ Period from 1 January 2023 to 31 May 2024 Objectives and activities Mission: To seNe humanity with integrity, dedication, and professionalism while promoting social welfare, health, education, and emergency relief. Core Objeetlves: Provide humanitarian aid during disasters. Promote quality education through sponsorships and infrastructure support.- Offer comprehensive healthcare services. Care for orphans and vulnerable children. Enable sustainable development through clean water, microfinance, and vocational training. Achievements and perfom)ance a. Disaster Management Responded lo any type ol disasters by distributs.ng life support medicines and shelters. b. Mosque Build a mosque phase 1 in the region of Africa.
Alkhidmat Welfare Trustees, Annual Report (conunued) Period from 1 January 2023 to 31 May 2024 Financial review Totsl Income.. GBP 663,812.00 Total Expenditure.. GBP 439,614.00 Funds Carried FoMard.. GBP 224,198.00 Sources of Funding.. Public donations Risk Management and Compliance: Alkhidm8t Foundation maintains robust inlemal controls and risk management frameworks to safeguard assets, ensure program integrity, and comply with legal and ethical standards. Strategic Outlook: In the coming year, the Foundation aims to.. Expand to build a mosque in Sierra Leone. Enhance vocational training initiatives for self-reliance. Strengthen disaster response eapabililies through pre-positioned resources. engagement plattorms. Digitrze donor Acknowledgements: The Trustees extend their deepest gratitude to our donors, volunteers, partner org8nisalions, and dedicated staff for their unwavering support and trusL The trustees, annual report was approved on 20 February 2025 and signed on behalf of the board of trustees by.. Syed Shaukat Ali {Ch8irmanl Trustee
Alkhidmat Welfare Independent Examiner's Report to the Trustees of Alkhidmat Welfare Period from 1 January 2023 to 31 May 2024 I report to the trustees on my examination of the financial statements of Alkhidmal Welfare I'the charity.) for the period ended 31 May 2024. Responsibilities and basis of report As the trustees of the charity you are responsible lor the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 1.the Act,). I report in respect of my examination of the charity's financial statements 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 sects.on 14515llbl of the Act. Independent examiner's statement Since the charity's gross income exceeded £250,000 your examiner musl be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of The Association of Accounting Technicians, 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 lo believe that in any material respèct.. accounting records were not kept in respect of the charity as required by section 130 of the Act., or the financial statements do not accord with those records., or the financial statements do not comply with the applicable requirements concerning the form and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a'true and fairf view which is not a matter considered as part of an independent examination. I have no concèrns and have come across no Dlher matters in connection with the examination to which attention should be drawn in this report in order lo en8ble a proper understanding of the accounts lo be reached. Nauman Ali IMAATI Independent Examiner 605 Lemonade Building 3 Arboretum Pla Barking Essex United Kingdom IG117PX 20 February 25
Alkhidmat Welfare Statement of Financial Activities Period from 1 January 2023 to 31 May 2024 Year to 31 Dec 22 Period from 1 Jan 23 to 31 May 24 Unrestricted Restricted funds funds Total funds Total funds Note Income and endowments Donations and legacies Total incorng 413,043 250,769 250,769 663,812 663,812 144,607 413,043 144,607 Expenditure Expenditure on raising funds.. Costs of other trading activities Expenditure on charitsble activities Total expenditure 178,749 80,837 259,586 92,355 87,673 180,028 271,104 168,510 77,069 10,337 439,614 87,406 Net income and net movement in funds 153,457 70,741 224.198 57,201 Reconciliation of funds Total funds brought forward Total funds carried forward 30,891 24,320 95,061 55,211 279,409 11,9901 55,211 184,348 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 8 to 12 forni part of these financtal statements.
Alkhidmat Welfare Statement of Financial Position 31 May 2024 31 May 24 31 Dec 22 Note Current assets Cash al bank and in hand 282,645 64,573 Creditors: amounts falling due within one year 10 3,236 279,409 279,409 9,362 55,211 55,211 Net current assets Total assets le$s current liabilities Funds of the charity Restricted funds Unreslricled ftjnds 95,061 184,348 279,409 24,320 30.891 Total charity funds 11 55,211 These financial statements were approved by the board of trustees and authorised for issue on 20 Feb 25, and are signed on behalf of the board by.. Syed Shaukat Ali (Chairman) Trustee The notes on pages 8 to 12 lorm part of thes& flnancial statgmants.
Alkhidmat Welfare Statement of Cash Flows Period from 1 January 2023 to 31 May 2024 31 May 24 31 Dec 22 Cash flovts from operatlng activities Net income 224,198 57,201 Adjustments for Interest payable at)d similar Charges Changes in.. Trade and other creditors Cash generated from operations 1,941 300 16,1261 220,013 9,362 66,863 Interest paid Net cash from operating activities 11.9411 218,072 13001 66,563 Net increase in cash and cash equivalents Cash and ¢ash equivalents at beginning of period Cash and cash equivalents at end of period 218,072 64,573 66,563 282,645 66,563 The notes on pages 8 to 12 forrn part of these financial ststemenis.
Alkhidmat Welfare Notes to the Financial Statements Period from 1 January 2023 to 31 May 2024 General information The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 65 North Acton Road, Park Royal, London, NW10 6PJ, United Kingdom. statement of compliance These financial statement5 have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 1021 (Charities SORP IFRS 10211 and the Charities Act 2011. Accounting policies Basls of preparatlon The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which 15 the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability lo continue. Fund accounting Unreslricled funds are available for use at the discretion of the trustees lo further any of the charity's purposes. Restricted funds are subjected to reslriclions on their expenditure declared by the donor or through the terms of an appeal Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity,. it is probable that the economic benefits associated with the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income". income from donations is recognised when there is evidence of entitlement lo the gift, receipt is probable and its amount can be measured reliably.
Alkhidmat Welfare Notes to the Financial Ststements f¢oned) Period from 1 January 2023 to 31 May 2024 Accounling policies (continu8dJ Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings ofthe statement of financial activities lo which it relates.. expenditure on raising funds includes the costs of all fundraising aclivilies. expenditltre on charitable acb'vities includes all costs incurred by a charity in undertaking activities that fvrther ils charitable aims for the benefit of its beneficiaries. including those support costs and costs relating lo the governance of the charity apportioned to charitable activities.. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable lo a single activity are allocated directly to that activity. Shared costs are apportioned betseen the activities they contribute lo on a reasonable, ju51ifiable and consistent basis. Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donation5 Gift Aid 395,543 17,500 413,043 250,769 646,312 17,500 250,769 663,812 Unrestricted Funds Restricted Total Funds Funds 2022 Donations Donations Gift Aid 93,995 50,612 144,607 93,995 50,612 144,607 Costs of other trading activtti9S Unrestricted Funds Restricted Total Funds Funds 2024 Costs of other trading activities 178,749 92,355 271.104
Alkhidmat Welfare Notes to the Financial Statements (condnued) Period from 1 January 2023 to 31 May 2024 Costs of other trading activities (contirjuedj Unreslricled Funds Restricted Total Funds Funds 2022 Costs of other trading activities 52,919 24,150 77.069 Expenditure on charitable actlvities by fund type Unrestricted Funds Restricted Total Funds Funds 2024 Charity projert- mosque Fundraising events Charity projects disaster relief Governan costs {Nole 121 13,696 12,116 21,304 7,746 27,696 30.927 35,000 19.862 27,696 85,952 168,510 55,025 80,837 87,673 Unrestricted Funds Restricted Total Funds Funds 2022 Charity project- mosque Fundraising events Charity projects - disaster relief Governance costs (Note 121 8,195 8,195 2,142 10,337 2,142 10,337 Expenditure on charitable activlties by activity type Activities undertaken Governance Total funds directly costs 2024 Total fund 2022 Charity project- mosque Fundraising events Charity projects - disaster relief Governance costs (Note 12) 35,000 19,862 27,696 35,000 19,862 27,696 85,952 168,510 85,952 85,952 10,337 10,337 82.558 staff co$t$ The total staff costs and employee benefits for the reporting period are analysed as follow5.. Period from 1Jan23to Year to 31 May 24 31 Dec 22 Wages and salaries 25,294 10
Alkhidmat Welfare Notes to the Financial Statements [contsnued) Period from 1 January 2023 to 31 May 2024 Staff costs (conllnuedj The average head count of employees during the period was 212022.. Nill. No employee received employee benefits of more than £60,000 during the year12022.. Nill. Trustee remuneration and expenses The Iruslees did not receive any remuneratitsn and did not charge any expenses during the period 2024 £Nil {2022 - £Nill There were no related party transactions during the period. 10. Creditors: amounts falling due within one year 31 May 24 31 Dec 22 Trade creditors Other tditOrS 736 8,626 9,362 3,236 3,236 11. Analysis of charitable funds Unrestricted funds At l January 202 At Income Expenditure 31 May 2024 General fvnds 30,891 413,043 (259,5861 184,348 At l January 202 At 31 December 2022 Income Expenditure General funds 11,990) 93,995 161,114) 30,891 11
Alkhidmat Welfare Notes to the Financial Statements (con&rJuedJ Period from 1 January 2023 to 31 May 2024 11. Analysis of charitable funds (continued) Restricted funds At l January 202 At Income Expenditure 31 May 2024 Reslricled funds disaster relief Restricted funds - mosque 24,320 215,769 35,000 250,769 1145,0281 135,0001 (180,0281 95,061 24,320 95,061 At l January 202 At 31 December 2022 Income Expenditure Restricted fvnds - di5a51er relief Reslricled funds - mosque 50,612 126,2921 24,320 50,612 126.2921 24,320 12. Governance cost Unrestricted funds Restricted funds Total 2022 Accountancy fees Legal and professional fees Bank charges Total 4,710 48,374 1,941 4,710 79,301 1,941 3,917 6,120 300 30,927 55,025 30,927 85,952 10,337 13. Analysis of changes in net debt At At 1 Jan 2023 Cash flows 31 May 2024 Cash al bank and in hand 64.573 218,072 282,645 12