2023-12-31-accounts - Saeed Institute

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Registered number 1151354

SAEED INSTITUTE

Trustees' Annual Report and Accounts

31 December 2023

SAEED INSTITUTE

Trustees' Annual Report and Accounts Contents

	Page
Trustees' Annual Report	1
Accounts	3
Independent Examiner's Reprot	5

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 01 2023 To 31 12 2023

Section A Reference and administration details

Charity name

Saeed Institute

Other names charity is known by

Registered charity number (if any) 1151354

Charity's principal address Sakina House, Gas St

Bolton

Postcode BL1 4TQ

Names of the charity trustees who manage the charity

1 2	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Irfan Dema
	Talha Hafezi

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document (eg. trust deed, constitution)

How the charity is constituted

Trust deed

Trust

(eg. trust, association, company)

Trustees are appointed by the current acting trustees of the charity in Trustee selection methods accordance with the needs of the charity. (eg. appointed by, elected by)

Section C Objectives and activities

We provide opportunities for individuals to learn more about their faith and engage in activities that will serve to benefit themselves and the community around them. Summary of the objects of the charity set out in its governing document

TAR

This year we were again able to provide a number of communal classes open to the public to attend in both short course format as well regular Summary of the main monthly sessions, which allowed attendees to learn more about their faith. activities undertaken for the public benefit in relation to We also set up an archery club and ran sessions for members of the these objects (include within community to participate and engage with the charity. this section the statutory declaration that trustees have Various fundraising activities such bake sales and family "fun day" events had regard to the guidance were held to enable us to offer the above at minimum to no cost. issued by the Charity Commission on public The trustees have had regard to the Charity Commission's guidance on benefit) public benefit in managing the activities of the charity.

Section D Achievements and performance

Summary of the main This year saw the charity increase its reach to more community members, achievements of the charity which was reflected in much higher attendance rates at the courses and during the year events that were held. Launching of our archery club was a major milestone for the charity and allows us to provide a way for our members to improve their health and increase their knowledge of the faith.

Section E Financial review

The Trustees deem the unrestricted reserves to be sufficient to cover the Brief statement of the core costs of the charity for the next year. charity’s policy on reserves Details of any funds materially There are no funds in deficit. in deficit

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Talha Hafezi

Position (eg Secretary, Chair, Trustee etc)

Date 31/10/2024

TAR

Charity Name No (if any) Saeed Institue 1151354 Receipts and payments accounts CC16a For the period Period start date Period end date To from 01/01/2023 31/12/2023

----- Start of picture text -----
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 60,851 - - 60,851 10,519
Fundraising 10,780 - - 10,780 22,780
Grants 13,413 - - 13,413 7,125
- - - 1,849
- - - -
- - - -
- - - - -
- - - - -
Sub total (Gross income for
- - 85,044 42,273
AR) [ 85,044 ]
A2 Asset and investment sales,
(see table).
Qard hasana (loans) 6,000 - - 6,000
- - - - -
Sub total 6,000 - - 6,000 -
Total receipts 91,044 - - 91,044 42,273
A3 Payments
Advertising & Marketing 929 929
Bank charges 240 - - 240 24
BJJ - - - 7,810
Charitable & Political Donations 4,785 4,785
Consultancy 5,102 - - 5,102 8,092
Equipment 3,369 - - 3,369 411
Events 3,644 - - 3,644 1,233
Insurance 943 - - 943 291
IT, Software & Consumables 296 296 248
Light, Power & Heating 487 487
Postage 19 19
Printing & Stationery 3,263 3,263
Purchases 203 203
Rates 73 73
Rent 7,515 7,515
Repairs & Maintenance 233 233
Salaries 35,416 35,416 10,747
Subscriptions 462 462
Sundry 1,331 1,331
Telephone & Internet 675 - - 675 -
Travel 1,749 1,749
Venue Hire 12,397 - - 12,397 3,076
Volunteer Reimbursement 1,935 1,935
- - - - -
Sub total [ 85,066 ] - - 85,066 31,931
A4 Asset and investment
purchases, (see table)
Rent Deposit 5,500 - - 5,500
Plant & Equipment 3,726 - - 3,726
Sub total [ 9,226 ] - - 9,226 -
Total payments 94,292 - - 94,292 31,931
Net of receipts/(payments) - 3,248 - - - 3,248 10,343
A5 Transfers between funds - - - - -
A6 Cash funds last year end 10,343 - - 10,343 -
Cash funds this year end 7,095 - - 7,095 10,343
----- End of picture text -----

Page 1

Section B Statement of assets and liabilities at the end of the period

Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds	Details Details Details BJJ Mats Archery Equipment Rent Deposit Details *Total cash funds* (agree balances with receipts and payments account(s)) Details Natwest Stripe Paypal Qard Hasana (loans) Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ 5,884 - 179 - 1,032 - 7,095 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) Unrestricted - Unrestricted - Unrestricted - - - - - - - Fund to which liability relates Amount due (optional) Unrestricted - - - - - Print Name Talha Hafezi	Endowment funds to nearest £ - - -
			-
			OK
			Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 31/10/2024

Signed by one or two trustees on behalf of all the trustees

Page 2

Independent Examiner’s Report

Report to the trustees/ members of On accounts for the year ended Set out on pages	SAEED INSTITUE

	31 DECEMBER 2023 Charity no 1151354

	1 to 2
	I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023.

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

accounting records were not kept in accordance with section 130 of the Act or
the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Name: Relevant professional qualification(s) or body (if any): Address:	Date:	31/10/2024

	MOBEEN ISMAIL

	ICAS

	40C PRESTON NEW ROAD
	BLACKBURN
	BB2 6AH