**REGISTERED CHARITY NUMBER: 1143729**
**Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 September 2020 for Zubeda Khaliq Memorial Trust**
Merali's Chartered Accountants Scottish Provident House 76-80 College Road Harrow Middlesex HA1 1BQ
**Zubeda Khaliq Memorial Trust**
**Contents of the Financial Statements for the Year Ended 30 September 2020**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Balance Sheet**||5||
|**Notes to the Financial Statements**|6|to|8|
|**Detailed Statement of Financial Activities**||9||
**Zubeda Khaliq Memorial Trust**
## **Report of the Trustees for the Year Ended 30 September 2020**
The trustees present their report with the financial statements of the charity for the year ended 30 September 2020. The trustees have opted to prepare the charity's accounts on "Receipts and Payments" basis in accordance with the requirements of the Charities Act 2011.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The principal activity of the Charity is to provide health care to the people in the poor region of Pakistan . By following means:-
1. To relieve sickness and the promotion of good health of persons in baltistan, Pakistan ("the beneficial area") in particular but not exclusively in
Sermik - Skardu, baltistan.
2. To the advancement of medical treatment and for the relief of disease amongst persons resident or working in the bneficial area.
3. To raise awareness of medical and health issues such as free medical aid camps, surgeries and pharmacies of the benefit of the sick and
distressed, cares and their families.
4. To develop mechanism in conjunction with other organisations for the furtherance of the objectives. In the furtherance of these objects the
Charity shall be be non-party politics and non-sectarian in religion.
## **ACHIEVEMENT AND PERFORMANCE**
## **How our activities deliver public benefit**
A wide range of activities are carried out in pursuance of the charitable aims and objectives . The trustees consider that these activities provide benefit to the wider community & it is within our charity's objectives.
## **FINANCIAL REVIEW**
## **Reserves policy**
Unrestricted funds are maintained to cover management & administration expenditure and to respond efficiently to varying application of grants and pledges made.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing Document**
The charity was registered with the charities commission on 9th September 2011 and is governed by the Trust Deed dated 19th August 2011.
## **Recruitment and appointment of new trustees**
Trustees are appointed by resolution of the existing trustees.
## **Induction and training of new trustees**
Following appointment , new trustees are introduced to their new role and given copies of the trust deed and a guide to the policies and procedures adopted by our charity. A number of publications from the charity commission are also provided including the guidance on charities and public benefit and on the advancement of the religion for public benefit. This ensures that new trustees are aware of the scope of their responsibilities under the charities Act. Initially, new trustees work with an existing trustees assisting on particular activities and projects run by the Charity. After satisfactory feed back from existing trustees they are then given the task of leading a particular activity or project, reporting progress at trustee's meetings.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees examine the major strategic, business and operational risks, which the charity faces regularly. The charity actively reviews the major risks, which it faces on a regular basis and believes that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks faced by the Charity and confirm that they have established systems to mitigate the significant risks.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1143729
## **Principal address**
155 Melrose Avenue Wimbledon Park SW19 8AU
## **Trustees**
Dr S H Khan Mrs H H Khan Mrs G Simpson
Page 1
**Zubeda Khaliq Memorial Trust**
## **Report of the Trustees for the Year Ended 30 September 2020**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Independent Examiner**
Merali's Chartered Accountants Scottish Provident House 76-80 College Road Harrow Middlesex HA1 1BQ
Approved by order of the board of trustees on 15 July 2021 and signed on its behalf by:
Dr S H Khan - Trustee
Page 2
## **Independent Examiner's Report to the Trustees of Zubeda Khaliq Memorial Trust**
## **Independent examiner's report to the trustees of Zubeda Khaliq Memorial Trust**
I report to the charity trustees on my examination of the accounts of the Zubeda Khaliq Memorial Trust (the trust) for the year ended 30 September 2020.
## **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 aspect;
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.
I have no concerns and have come across no 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.
M P K Merali
Merali's Chartered Accountants Scottish Provident House
76-80 College Road Harrow Middlesex HA1 1BQ
15 July 2021
Page 3
**Zubeda Khaliq Memorial Trust**
## **Statement of Financial Activities**
## **for the Year Ended 30 September 2020**
|**2020**
**Unrestricted**
**fund**
**Notes**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
60,604
**EXPENDITURE ON**
**Charitable activities**
Grants & Donations
-
Other
70
**Total**
70
**NET INCOME**
60,534
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
43,320
**TOTAL FUNDS CARRIED FORWARD**
103,854|**2019**
**Total**
**funds**
**£**
34,393
15,000
1,621|
|---|---|
||16,621|
||17,772
25,548|
||43,320|
The notes form part of these financial statements
Page 4
**Zubeda Khaliq Memorial Trust**
## **Balance Sheet**
## **30 September 2020**
|**2020**
**Unrestricted**
**fund**
**Notes**
**£**
**CURRENT ASSETS**
Cash at bank
103,854
**NET CURRENT ASSETS**
103,854
**TOTAL ASSETS LESS CURRENT LIABILITIES**
103,854
**NET ASSETS**
103,854
**FUNDS**
4
Unrestricted funds
103,854
**TOTAL FUNDS**
103,854|**2019**
**Total**
**funds**
**£**
43,320|
|---|---|
||43,320|
||43,320|
||43,320|
||43,320|
||43,320|
The financial statements were approved by the Board of Trustees and authorised for issue on 15 July 2021 and were signed on its behalf by:
Dr S H Khan - Trustee
The notes form part of these financial statements
Page 5
**Zubeda Khaliq Memorial Trust**
## **Notes to the Financial Statements**
## **for the Year Ended 30 September 2020**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements have been prepared on "Receipts and Payments" basis in accordance with the requirements of Charities Act 2011.
## **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 particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 September 2020 nor for the year ended 30 September 2019.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 September 2020 nor for the year ended 30 September 2019.
## **3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||**Unrestricted**|
|---|---|
||**fund**|
||**£**|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|34,393|
|**EXPENDITURE ON**||
|**Charitable activities**||
|Grants & Donations|15,000|
|Other|1,621|
|**Total**|16,621|
|**NET INCOME**|17,772|
|**RECONCILIATION OF FUNDS**||
|**Total funds brought forward**|25,548|
|**TOTAL FUNDS CARRIED FORWARD**|43,320|
## **4. MOVEMENT IN FUNDS**
|**MOVEMENT IN FUNDS**||||
|---|---|---|---|
|||**Net**||
||**At**|**movement**|**At**|
||**1/10/19**|**in funds**|**30/9/20**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|43,320|60,534|103,854|
|**TOTAL FUNDS**|43,320|60,534|103,854|
Page 6
continued...
**Zubeda Khaliq Memorial Trust**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 30 September 2020**
## **4. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
||**Incoming**|**Resources**|**Movement**|
|---|---|---|---|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|60,604|(70)|60,534|
|**TOTAL FUNDS**|60,604|(70)|60,534|
|**Comparatives for movement in funds**||||
|||**Net**||
||**At**|**movement**|**At**|
||**1/10/18**|**in funds**|**30/9/19**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|25,548|17,772|43,320|
|**TOTAL FUNDS**|25,548|17,772|43,320|
|Comparative net movement in funds, included in the above are as follows:||||
||**Incoming**|**Resources**|**Movement**|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|34,393|(16,621)|17,772|
|**TOTAL FUNDS**|34,393|(16,621)|17,772|
|A current year 12 months and prior year 12 months combined position is as follows:||||
|||**Net**||
||**At**|**movement**|**At**|
||**1/10/18**|**in funds**|**30/9/20**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|25,548|78,306|103,854|
|**TOTAL FUNDS**|25,548|78,306|103,854|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||**Incoming**|**Resources**|**Movement**|
|---|---|---|---|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|94,997|(16,691)|78,306|
|**TOTAL FUNDS**|94,997|(16,691)|78,306|
continued...
Page 7
**Zubeda Khaliq Memorial Trust**
## **Notes to the Financial Statements - continued for the Year Ended 30 September 2020**
## **5. RELATED PARTY DISCLOSURES**
Donation payment of £NIL (2019: £15,000) were made to partner charity Zubeda Khaliq Memorial Trust (ZKMT) in Pakistan to carry our its objectives.
Page 8
## **Zubeda Khaliq Memorial Trust**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Donation paid
**Support costs**
**Management**
Accountancy fees
**Finance**
Bank charges
Total resources expended
**Net income**|**Detailed Statement of Financial Activities**
**for the Year Ended 30 September 2020**
**2020**
**2019**
**£**
**£**
60,604
34,393
60,604
34,393
-
15,000
-
1,500
70
121
70
16,621
60,534
17,772|**Detailed Statement of Financial Activities**
**for the Year Ended 30 September 2020**
**2020**
**2019**
**£**
**£**
60,604
34,393
60,604
34,393
-
15,000
-
1,500
70
121
70
16,621
60,534
17,772|
|---|---|---|
|||34,393
15,000
1,500
121|
|||16,621|
|||17,772|
This page does not form part of the statutory financial statements
Page 9