REGISTERED CHARITY NUMBER: 1149962
Shaheed Foundation UK
Report of the Trustees and
Financial Statements for the Year Ended 30 November 2024
Copperfields (Accountants) Ltd 19 Seymour Place London W1H 5BG
Shaheed Foundation UK
Contents of the Financial Statements
for the Year Ended 30 November 2024
| 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 7 |
| Detailed Statement of Financial Activities | 8 |
Shaheed Foundation UK
Report of the Trustees for the Year
Ended 30 November 2024
The trustees present their report with the financial statements of the charity for the year ended 30 November 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 1149962
Principal address
BM Shaheed Foundation 19, Seymour Place London W1H 5BG
Trustees
S Rizvi SI Azam
Independent examiner
P Ahmed Copperfields (Accountants) Limited Accountants 19, Seymour Place London W1H 5BG
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
The charity was registered with the Charity Commission on 28th November 2012 and is governed by the trust deed dated 27th November 2012.
Recruitment and appointment of new trustees
Every trustee must be appointed for a term of one year by a resolution of the trustees passed at a special meeting in accordance with trust deed. Trustees may be re-elected for further terms.
The trustees must keep a record of the name, address and the dates of appointment, re-appointment, and retirement of each trustee.
Induction and training of new trustees
In selecting individuals for appointment as trustees, the trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.
The trustees must make available to each new trustees, on his or her first appointment, a copy of trust deed and a copy of the charity's latest report and statement of accounts.
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.
Page 1
Shaheed Foundation UK
Report of the Trustees for the Year
Ended 30 November 2024
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity mainly operates in Pakistan, through partner charity, to support bereaved families by providing accommodation, education, training, and other necessary supports to such families.
Significant activities
The relief of poverty and assistance through consultation, monetary, legal and educational support to enable families and individuals across Pakistan who are the victims of natural disaster, sectarian killings and violence, terrorism to become active and productive members of the society.
To focus specially on most vulnerable, orphans and families left destitute because of key members of family loosing lives or limbs due to terrorism and ensuring their sustenance and opportunities in life and other human rights are not taken away.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Shaheed Foundation UK working very closely and in coordination with Shaheed Foundation Pakistan (SFP). SFP is taking care currently of over 1800 terrorism effected families across Pakistan.
Shaheed Foundation works on immediate needs of the orphans and widows left behind due to terrorism.
Fundraising activities
The majority of donations come from regular donors who make small contributions, regular or otherwise.
Large donations at times come from local groups and individuals who feel passionate about the cause and like to help victims.
We have ourselves arranged community family sports and fun events, which was a big success.
Other relatively larger donations also received from local community centres in different cities.
Donors are anybody who shares the compassion of Shaheed Foundation's objectives. There are no major fixed donors but hundreds of community members are mainly based in the UK.
FINANCIAL REVIEW
Reserves policy
The unrestricted funds reserve is maintained to cover governance costs and to respond to various application of grants and donations.
Restricted fund reserve are held to be used within certain restrictions of the relevant funds. The restricted funds are distributed strictly in accordance with the religious or other restrictions imposed on the relevant fund.
The Charity has established a policy whereby the unrestricted funds not committed or invested in fixed assets should be around 6 months of expenditure. The charity's general funds as at 30 November 2024 of £20,915 are greater than required and we plan to spend it on more support to bereaved families in Pakistan.
Approved by order of the board of trustees 03 April 2025 and signed on its behalf by:
S Rizvi –Trustee
Page 2
Independent Examiner's Report to the Trustees of
Shaheed Foundation UK
I report on the accounts for the year ended 30 November 2024 set out on pages four to seven.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
It is my responsibility to:
examine the accounts under Section 145 of the 2011 Act
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 accounts 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 no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements
to keep accounting records in accordance with Section 130 of the 2011 Act: and
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
P Ahmed
Copperfields (Accountants) Ltd
Accountants 19, Seymour Place London W1H 5BG
03 April 2025
Page 3
Shaheed Foundation UK
Statement of Financial Activities for the Year Ended 30 November 2024
| Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary income RESOURCES EXPENDED Charitable activities Donations Paid Governance costs Total resources expended NET INCOMING/(OUTGOING) RESOURCES RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
30/11/24 Unrestricted Restricted Total fund fund Funds £ £ £ 76,080 - 76,080 54,000 - 54,000 25,440 - 25,440 79,440 - 79,440 (3,360) - (3,360) 24,976 - 24,976 21,616 - 21,616 |
30/11/23 Total funds £ 95,464 60,000 41,099 |
|---|---|---|
| 101,099 | ||
| (5,635) 30,611 |
||
| 24,976 | ||
| CONTINUING OPERATIONS | ||
| All incoming resources and resources expended arise from continuing activities. | ||
The notes form part of the financial statements Page 4
Shaheed Foundation UK
Balance Sheet
At 30 November 2024
| Notes CURRENT ASSETS Debtors 3 Cash at bank and in hand CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted Restricted fund fund £ £ 5,043 - 21,253 - |
30/11/24 30/11/23 Total Total funds Funds £ £ 5,043 5,043 21,253 24,613 26,296 29,656 (4,680) (4,680) 21,616 24,976 21,616 24,976 21,616 24,976 21,616 24,976 - - - 21,616 24,976 |
|---|---|---|
| 26,296 - (4,680) - |
||
| 21,616 - |
||
| 21,616 - |
||
| 21,616 - |
||
The financial statements were approved by the Board of Trustees on 14 March 2025 and were signed on its behalf by:
S Rizvi - Trustee
The notes form a part of the financial statements
Page 5
Shaheed Foundation UK
Notes to the Financial Statements for
the Year Ended 30 November 2024
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming expended
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the yearend date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Restricted funds can only be used for restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating result.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 November 2024 nor for the year ended 30 November 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 November 2024 nor for the year ended 30 November 2023.
3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
4.
| Other debtors CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors |
£ 5,043 2024 £ 2,760 1,920 4,680 |
£ 5,043 |
|---|---|---|
| 2023 £ 2,760 1,920 |
||
| 4,680 |
Page 6
Shaheed Foundation UK
| INCOMING RESOURCES Voluntary income Donations Gift Aid Total incoming resources RESOURCES EXPENDED Charitable activities Grants to institutions Governance costs Accountancy Support costs Rent Professional fees Rent Advertising Telephone Subscriptions Insurance Travel Sundry Finance Bank charges Exchange loss/(gain) Total resources expended Net income/ (expenditure) |
Detailed Statement of financial Activities for the Year Ended 30 November 2024 30/11/24 30/11/23 £ £ 76,080 - 95,464 - 76,080 95,464 54,000 60,000 1,320 5,760 4,500 5,975 18,950 28,809 - - - - 248 169 - - - - - - 25,018 40,713 422 386 - - 25,440 41,099 79,440 101,099 (3,360) (5,635) Page8 |
Detailed Statement of financial Activities for the Year Ended 30 November 2024 30/11/24 30/11/23 £ £ 76,080 - 95,464 - 76,080 95,464 54,000 60,000 1,320 5,760 4,500 5,975 18,950 28,809 - - - - 248 169 - - - - - - 25,018 40,713 422 386 - - 25,440 41,099 79,440 101,099 (3,360) (5,635) Page8 |
Detailed Statement of financial Activities for the Year Ended 30 November 2024 30/11/24 30/11/23 £ £ 76,080 - 95,464 - 76,080 95,464 54,000 60,000 1,320 5,760 4,500 5,975 18,950 28,809 - - - - 248 169 - - - - - - 25,018 40,713 422 386 - - 25,440 41,099 79,440 101,099 (3,360) (5,635) Page8 |
Detailed Statement of financial Activities for the Year Ended 30 November 2024 30/11/24 30/11/23 £ £ 76,080 - 95,464 - 76,080 95,464 54,000 60,000 1,320 5,760 4,500 5,975 18,950 28,809 - - - - 248 169 - - - - - - 25,018 40,713 422 386 - - 25,440 41,099 79,440 101,099 (3,360) (5,635) Page8 |
|---|---|---|---|---|
| the Year Ended 30 November 2024 30/11/24 £ 76,080 - 76,080 54,000 1,320 4,500 18,950 - - 248 - - - 25,018 422 - 25,440 79,440 (3,360) Page8 |
||||
| 95,464 60,000 5,760 5,975 28,809 - - 169 - - - |
||||
| 40,713 386 - |
||||
| 41,099 101,099 |
||||
| (5,635) | ||||
Shaheed Foundation UK
Notes to the Financial Statements – continued for the Year Ended 30 November 2024
5. MOVEMENT IN FUNDS
| t Unrestricted funds General fund TOTAL FUNDS |
Net movement At 30//11/23 in funds £ £ 24,976 (3,360) 24,976 (3,360) |
At 30//11/24 £ 21,616 |
|---|---|---|
| 21,616 |
Page 7