Registered Charlty Number :. 1149310 SYEDA ZAHRA TRUST INTERNATIONAL LIMITED a Charitable Incorporated Organisation TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR END 30 June 2024 90 Birchtree Avenu Peterboroug
EDA ZAHRA TRUST INTERNATIONAL ITED NTENTS R THE YEAR ENDED 30 June 2024 REFERENCE AND ADMINISTRATIVE INFORMATION ........... ... TRUSTEES, REPORT.............................................................................................,.......,.. STATEMENT OF FINANCIAL ACTIVITIES........................................................................... BALANCE SHEET........................................................................................................... 10 NOTESTOTHE FINANCIAL STATEMENTS..........................,..............,...........,.....,........,.
EDA ZAHRA TRUST INTERNATIONAL ITED USTEES, REPORT R THE YEAR ENDED 30 June 2024 Trustaas Mr. Syed Munazzaf Abba3S Wajid Ali Khan Mr Assad Ali Shah Directors Mr. Syed Munazzaf Abbass Wajid Ali Khan Mr Assad Ali Shah Accountants Sovereign Accountants Blenheim Court. Peppercorn Close Peterborough PE1 2DU Charity Registered Number 08017649 Registered Office 90 Birchtree Avenue Pererborough PE1 4HW ankers Metro Bank One Southampton Row London WC1 B SHA
EDA ZAHRA TRUST INTERNATIONAL MITED USTEES. REPORT R THE YEAR ENDED 30 June 2024 The trustees present Ihelr report and the financial statements for the period ended 30 Juno 2024. Tha trustees who served durlng tha year and up to the dale of this report are set out on page 3. Structurn. gov•rnan¢e and management Syeda Zahra Trust International 15 a cornpany limited by guaranteed (08017649) and incorporated on 03 April 2012 and it was registered as a charity on 15 October 2012 (1149310) The company was established under a Memorandum of Associatlon, which established the objects and powers of the charitable company and is governed under its Articles of Association. The directors, who are the trustees in charity law are responsible for the overall management and control of the company working with other persons on an entirely voluntsry basis, Trustees are appointed in accordance with the Syeda Zahra Trust International constitution. Once appointed, Trustees are given an introduction of the charity and information about its objects. Trustees are also given a copy of the constitution and aims an(1 ot)Jecrives. Role clescripiions are issuea to eacn Trusiee an(J full induction Is given setting out the obligations of a Trustee, All Trustees are issued with a copy of the Charity Commission's guide The Essential Trustee.. The Trustees meet every 3 months. The Trustees actively review the major risk to which the charity is exposed to on a regular basi5, in particular those relating to its operation5 and finances. The sysLein is es"Lablishe(J to mitigate these. Objectives and activitios for the public benefit The principal aims of the charity and objectives of the charitable company are to relieve poverty. distress and suffering amongst people in any part of the world (including staniation. sickness or any physical disability or affliction) primarily. but not exclusively, when arising from any public calamity (including famine. earthquake, pestilence, war or civil disturbance) Achievement and perfornwnce During the year we continued our fundraising campaigns with a particular focus on one to one conversations with potential donors and this has proved to be extremely successful. On the back of this work we have been able to successfully support our centre in Pakistan which is providing free education to young people and adults in the local
EDA ZAHRA TRUST INTERNATIONAL MITED USTEES. REPORT R THE YEAR ENDED 30 June 2024 community, alongside other servlces to benefit the community. The response for the region has been overwhelming and the trustees are happy with the success and plan to expand on the work of centre, The trustees would like to formally thank all donors and volunteers. Financial Review The charity relies on voluntary income which is £49,632 for the period ended 30 June 2024. Plan for the future We will continue with our core activities of supporting education and establishing small projects in some of the most poverty stricken areas of the world. Statement of trustee's resFK>nsibiliti The trustee are responsible for the preparing the TrUSts, Annual Report and financial statements in accordance with applicable law and United Kingdom generally Accepted Accounting Standard. In these financial 3tatements. the trustees are requlred to.. Select suitable accounting policies and then apply them consistently: Observe the methods and principles in the Charities SORP.. MakeJudgement 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 statements.. and Prcparc thc financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trUStS are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial ststements comply with the Charities Act 2011 . They are also responsible for safeguarding the assets of the charitable trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. On behalf of the board Mr Assad Ali Shah
EDA ZAHRA TRUST INTERNATIONAL MITED ATEMENT OF FINANCIAL ACTIVITIES R THE YEAR ENDED 30 June 2024 Recommended categorias by activity Unrestricted funds Total Funds 2024 Total Funds 2023 Notas Income and ndowments from: Donations and legacies Total 49,632.00 49.632.00 32.948.OQ 49.632.00 49.632.00 32.948.00 Expenditure on: Charitable activities 90.175.00 90.175.00 110.684.00 Total 90.175.00 90,175.00 110.684.00 Net incomel(expendlture) Net movement in funds (40.543.00) (40.543.00) (77,736.00) (40.543.00) (40,543.00) (77.736.00) Reconciliation of funds: Total funds brought forNard 54.150.00 54.150.00 131.886.OC Total funds carrled forward 13.607.00 13.607.00 54.150.00
EDA ZAHRA TRUST INTERNATIONAL MITED LANCE SHEET R THE YEAR ENDED 30 June 2024 Recommended categories by activity Unrestricted funds Total Funds 2024 Total Funds 2023 hlotes Current assets Cash at bank and in hand 14.007.00 14,007.00 54,150,00 Total Gurrent assets 14,007.00 14.007.00 54.150.00 Croditors.. amounts falling due within one year 400.00 400.00 Net current assetsl(liabilities) Total net assets or liabilities 13.607.00 13.607.00 54.150.00 13,607.00 13.607.00 54.150.00 Funds of the Charity Unrestricted funds 13.607.00 13.607.00 54.150.00 Restricted income funds Fndowment funds Total funds 13.607.00 13.607.00 54.150.00 The financial ststements were approved by the Board on 27-Mar-2025 and signed on its behalf by., Mr Assad Ali shah Trustee
EDA ZAHRA TRUST INTERNATIONAL ITED TES TO THE FINANCIAL STATEMENTS R THE YEAR ENDED 30 June 2024 1 Accounting Policies 1 .1 Accountlng Policies The principal accounting policies adopted by the Charity. which is a public benefit entity. in the preparation of the accounts are as follows. 1.2 Basis of preparation These accounts have been prepared under the historical cost convention. as modified by the inclusion of charitable properties and fixed asset inve3tments and investment propercies at valuation. These accounts have been prepared In accordance with -Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Rppuhlic of 1rp.land (FRS 102)" (effective 1 January 2019) - (Charities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. These accounts are presented in pounds sterling and rounded to the nearest pound. 1.3 Golng concern The Trustee5 have prepared financial projections. taking into consideration the current economic condirions and have, at the time Of approving these accounts. a reasonatjie expectation that the charity has adequate resource5 to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts. 2 Income from Donations and Legacies Unre5trirted funds Total funds 2024 Total fund5 2023 Analysi5 Donation and gifts 49.632.00 49,632,00 49.632.00 49,632.00 32,948.00 32,948,00
EDA ZAHRA TRUST INTERNATIONAL MITED TES TO THE FINANCIAL STATEMENTS R THE YEAR ENDED 30 June 2024 3 Expendlture on Charitable Activities Total funds 2024 Total furKIs 2023 Analysis Charity running cost Donations 625.00 89,550.00 90,175.00 575.00 110.109.00 110,684.00 4 Cash at bank and in hand Total funds 2024 Total funds 2023 Cash at bank and on hand 14.007.00 14,007.00 54,150.00 54,150.00 5 Creditors: Amounts falling due within one year Total Total funds funds 2024 2023 Trade creditors 400.00 400.00
EDA ZAHRA TRUST INTERNATIONAL MITED TES TO THE FINANCIAL STATEMENTS R THE YEAR ENDED 30 June 2024 6 Charity funds 6.1 Dètails of material funds held and movements during the CURRENT rèporting poriod Fund balances brought forward Gains and losses Fund balaneas carried Fund Income Expandit ure Transfers Unrostriet od funds General Fund (23.586.0 o) (90.175.0 o) (64,129.0 o) 49.632.00 Unrestrict General Funds 77,736.00 77,736.00 Total 54,150.00 49.632.00 (90.175.0 o) 6.2 Detalls of materlal funds held and movements durlng the PREVIOUS reporting period 13,607.00 Fund balances brou9ht forward Expendit ure Gains and Fund balances carried forward Fund names Income Transfers Unrestrlct ed funds General Fund 54.150.00 32,948.00 (110,684. 00) (23,586,0 o) unrestrict General Funds 77,736.00 77,736.00 Total 131.886.0 32,948.00 (110.684. 00) 54.150.00 6. 3 Transf•rs botwoon funds 10
EDA ZAHRA TRUST INTERNATIONAL MITED OTES TO THE FINANCIAL STATEMENTS R I HE Y&AR ENDED 30 June 2024 This Year Between unrestricted and restrictcd funds Between endowment and restricted funds Between endowment and unrestricted funds Last Year Amount Between unrestricted and restricted funds Between endowment and restricted funds Between endowment and unrestricted funds