Registered Charity number 1144772
PIMA PALESTINE LIMITED Financial Statements For the year ending 30-Nov-23
MK Accountancy Ltd Suite 3.17 Universal Square Devonshire Street Manchester M12 6JH
PIMA PALESTINE LIMITED
TABLE OF CONTENT
PAGE
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1 Charity information
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2 Charity activity report
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3 Statement of Trustees responsibility
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4 Independent Examiner Report
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5 Statement of Financial Activities
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6 Balance Sheet
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7-8 Notes for the Financial Statements
PIMA PALESTINE LIMITED
Registered Charity number 1144772 Registered Company number 06014247
Trustees
Dr Khalil El Bayouk Dr Haytham Hamdan Dr Haitham Al-Khaffaf Dr Fayez Ahmad Almari
Constitution
Charitable company
Registered Office
5 Edinburgh Close Sale Cheshire M33 4EZ
Accountants
MK Accountancy Ltd Suite 3.17 Universal Square Devonshire Street Manchester M12 6JH
Independent Examiner
Muath Kuhail
Bankers
Al Rayan Bank The Co-operative Bank
Activities report for the year ending 30th November 2023
1- Name of the Charity : PIMA PALESTINE LIMITED
2- Charity Number: 1144772
3- Official Address: 5 Edinburgh Close, Sale, Cheshire, M33 4EZ
4- Governing Document:
The charity is registered with the charity commission on 23 November 2011 under charity number 1144772. It is governed by Memorandum and Articles incorporated 30/11/2006
5- Names of Trustees:
Dr Khalil El Bayouk Dr Haytham Hamdan Dr Haitham Al-Khaffaf Dr Fayez Ahmad Almari
6- Objects of the Charity:
THE OBJECT OF THE COMPANY IS TO PROVIDE MEDICAL AID AND HELP TO THE PALESTINIAN PEOPLE. THE MEDICAL AID CAN BE MEDICAL EQUIPMENTS OR ASSISTANCE
TO MEDICAL ESTABLISHMENT EITHER FINANCIALLY OF PHYSICALLY
The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have
due regard to the public benefit guidance published by the charity Commission in determining the activities undertaken by the charity
7- Area of Operation: National and overseas worldwide.
PIMA PALESTINE LIMITED
Financial Statements far the year ended 30th November 2023
STATEMENT OF TRUSTEES RESPONSIBILITIES
Charity law requires the trustees to prepare statements of accounts for each financial year
ln preparing those financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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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 statement; and
- prepare the financial statements on the going concern basis unless it is in appropriate 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 in the financial position of the charity and to enable them to ensure that the financial statements comply with The Charity 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 irregularities.
Approval
This report was approved by the board of trustees on 25th Jan 2024 and signed on its behalf.
Dr Haytham Hamdan
Trustee
PIMA PALESTINE LIMITED
Financial statements for the year ended 30th November 2023
INDEPENDENT EXAIIINER'S REPORTS
We have examined the accounts on pages 5 to 8 which have been prepared under the historical cost convention and the accounting policies set out on page 7.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
As the charity' trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43 of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the base of procedures specified in the General Directions given by the charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to our attention.
BASIS QF INDEPENDENT EXAMINERS' REPORT
Our examination was carried out in accordance with General Directions given by the Charity Commissioners. 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 account, 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 we do not express an audit opinion on the view giving by the accounts.
INDEPENDENT EXAMINERS' STATEMENT
In connection with our examination, no matter has carne to our attention;
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Which gives us reasonable cause to believe that in any material respect the requirements - to keep accounting records on accordance with section 41 of the 1993 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act,
have not been met; or
- To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date: 25/01/2024
Mr Muath Kuhail
PIMA PALESTINE LIMITED
Statement of Financial Activities
For The Period From 1st December 2022 To 30th November 2023
| Notes INCOME RESOURCING Donations Total incoming resources LESS EXPENDITURE Direct Charitable Expinditure Administration cost TOTAL RESOURCES EXPENDED NET INCOME FOR THE YEAR BALANCE BROUGHT FORWARD BALANCE CARRIED FORWARD |
2023 2022 Restricted Unristrected Total Total - 326,471 326,471 123,115 - 326,471 326,471 123,115 - 194,310 194,310 126,974 - 8,028 8,028 3,346 - 202,338 202,338 130,320 - 124,133 124,133 7,205 - - 219,573 219,573 226,778 - 343,706 343,706 219,573 |
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PIMA PALESTINE LIMITED Balance Sheet As At 30th November 2023
| 2023 | 2023 | 2022 | 2022 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| CURRENT ASSETS | ||||
| Cash at bank and in hand | 344,105 | 219,973 | ||
| CURRENT LIABILITUES | 400 | 400 | ||
| NET CURRENT ASSETS | 343,705 | 219,573 | ||
| TOTAL ASSETS LESS CURRENT LIABILITUES | 343,705 | 219,573 | ||
| CHARITIY FUNDS | ||||
| Surplus (Deficit) for the year | 124,132 | 7,205 - |
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| Balance B/F | 219,573 | 226,778 | ||
| TOTAL CHARITY FUNDS | 343,705 | 219,573 | ||
| Approved by the board of Trustees on 25th Jan 2024 and signed on its behalf | ||||
| Dr Haytham Hamdan | ||||
| Trustee |
PIMA PALESTINE LIMITED Notes To The Financial Statements Period Ended 30th November 2023
1. ACCOUNTING POLICIES
Basis of accounting
The accounts have been prepared under the historical cost basis of accounting, and in accordance with applicable accounting standards.
Income
Income is accounted for on receipts basis.
Incoming resources
All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
| 2. DIRECT CHARITABLE EXPENSITURE Fundraising costs Charitable activities Total 3. ADMINISTRATION EXPENDITURE Telephone IT Support Accountancy Fees Salaries Bank Charges Other Cost Total |
2023 2022 £ £ 6,636 883 187,674 126,091 194,310 126,974 2023 2022 £ £ 145 233 3,358 - 400 400 2,560 400 501 513 1,064 1,800 8,028 3,346 |
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PIMA PALESTINE LIMITED Notes Of The Financial Statements Period Ended 30th November 2023
5. STAFF COSTS
No remuneration was paid to trustees in the year, nor were any trustee's expenses reimbursed. The staff costs were:
| Salaries Total |
2023 2022 £ £ 2,560.0 400.0 2,560.0 400.0 |
|---|---|
The average number of staff employed by the charity during the year was as follows:
Employed staff 1
6. CREDITORS : amounts falling due within one year
| Accruals Total |
2023 2022 £ £ 400 400 400 400 |
|---|---|
7. STATEMENT OF FUNDS
| Balance at 30th November 2022 Net income for the year Balance at the 30th November 2023 |
General Funds Restricted Funds Total Funds 2022 £ £ £ 219,573 - 219,573 124,132 - 124,132 343,705 - 343,705 |
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