2021-03-31-accounts - Saleh Charitable Trust

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Charity registration number: 1155085

SALEH CHARITABLE TRUST

Report and Accounts

31 March 2021

SALEH CHARITABLE TRUST Contents

	Page
Charity Information	1
Trustees report	2
Independent examiner's report	4
Statement of financial activities	5
Balance sheet	6
Notes to the accounts	7

SALEH CHARITABLE TRUST Charity Information for the period ended 31 March 2021

Address

1 Eden Park Blackburn Lancashire BB2 7HJ

Charity registration number: 1155085 Regulated by Trust Deed dated 15/10/2012

Trustees

Hanif M Saleh Imran Ismail Munshi Iqbal Bux M Patel

Appointed independent examiner

M A Ibrahim (FCCA)

Accountants

M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE

Bankers

Lloyds Bank Plc 77-81 High Street Chelmsford CM1 1DU CM1 1DU

SALEH CHARITABLE TRUST Trustees’ annual report for the period ended 31 March 2021

Charity registration number: 1155085 Regulated by Trust Deed dated 15/10/2012

The Annual Report is fully SORP compliant and sets out how the trustees have met their obligations.

The Financial Statement is fully SORP compliant and includes the incoming resources and resources expended.

Objectives and activities

The objects of the charity are set out in the constitution are summarised as follows: The main objects of the Trust are the prevention or relief of poverty in India by providing or assisting in the provision of grants, items and education, healthcare or welfare projects to individuals in need and/or charities, or other organisations working to prevent or relieve poverty, for example by way of support to the organisation known as Tanzimul Masajid Val Makatib based in Valan, Gujarat, India.

In setting our objectives and planning our activities our Trustees have given careful consideration to the Charity Commission's general guidance on public benefit.

Achievements and performance

The Charity carries out a wide range of activities in pursuance of its charitable aims:

The Trust was formed with the objective of helping the India based institute known as Tanzimul Masajid wal makatib. This is an organisation based in Valan, district of Vadodara, Gujarat India. This charity is registered in India, Registration number B-999 Bharuch. The main objective of this charity is the provision of basic education to poor children in Indian villages. We have one founder Trustee member Hanif M. Saleh who makes regular visits to this orphanage to oversee the charitable work being undertaken.

Structure, governance and management

The trust is managed by the Trustees who are responsible for the allocation of donations and trust property income. The Trust is a small charity and has one property earning rental income for the benefit of Tanzimul Masajid and other education projects.

Appointment of charity trustees

The trustees are appointed by the current board of Trustees

Reference and administrative details

See preceding page under 'Charity Information'.

Names of the charity trustees who manage the charity

All trustees are named on the preceding page under 'Charity Information'.

Financial review and reserves policy

Funds available are sufficient to permit the charity to continue in operation in the medium to long term, together with the continued support from the donors.

There are no uncertainties about the charity continuing as a going concern.

The Trustees actively review all major risks which the Charity faces and drawn up a risk assessment which is reviewed at every meeting. The Trustees are satisfied that all systems are in place and arrangements have been made to manage any risks identified.

SALEH CHARITABLE TRUST Trustees’ annual report for the period ended 31 March 2021

Statement of Trustee’s responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that period in preparing these financial statements, the trustees are required to:-

h Select suitable accounting policies to be applied consistently
h Observe the methods and principles in the Charities SORP
h Make judgements and estimates that are reasonable and prudent
h State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and,
h Prepare the financial statements on the going concern bases unless it is inappropriate to presume that the charitable company will continue in operation.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

Approved by the Trustees and signed on its behalf by:

Hanif M Saleh Date: 02/02/2022 Trustee

SALEH CHARITABLE TRUST

Independent Examiner's Report to the Trustees of SALEH CHARITABLE TRUST

I report to the trustees on my examination of the accounts of SALEH CHARITABLE TRUST (the Trust) for the period ended 31 March 2021.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 ("the Act").

The charity's trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

It is my responsibility to:

l examine the accounts under section 145 of the Charities Act,
l to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
l to state whether particular matters have come to my attention

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 the 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 statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

l the accounting records were not kept in accordance with section 130 of the Charities Act; or

l the accounts did not accord with the accounting records; or

l the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other 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.

The appointed independent examiner of the trust:

M A Ibrahim (FCCA) for and on behalf of Date: 02/02/2022 M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE

SALEH CHARITABLE TRUST Statement of financial activities for the period ended 31 March 2021

Notes Restricted Unrestricted income Total funds funds 2021 £ £ £ Income 3 Income and endowments from: Donations and legacies 33,630 - 33,630 Expenditure 4 Expenditure on: Charitable activities 10,431 - 10,431 Net income/(expenditure) for the year 23,199 - 23,199 Reconciliation of funds Total funds brought forward 217,518 - 217,518 Net incoming resources for the year 23,199 - 23,199 Total funds carried forward 240,717 - 240,717	Total 2020 £ 14,310 16,373
	(2,063)
	219,581 (2,063)
	217,518

SALEH CHARITABLE TRUST Balance Sheet At 31 March 2021

Notes Restricted Unrestricted income Total funds funds 2021 £ £ £ Fixed assets Tangible assets 6 210,390 - 210,390 210,390 - 210,390 Current assets Cash at bank and in hand 30,727 - 30,727 30,727 - 30,727 Creditors:amounts falling due within one year Trade creditors and accruals 7 400 - 400 Net current assets 30,327 - 30,327 Net assets 240,717 - 240,717 Funds of the Charity 8 Unrestricted funds 240,717 - 240,717 Total funds 240,717 - 240,717	Total 2020 £ 210,390
	210,390 7,328
	7,328 200
	7,128
	217,518
	217,518
	217,518

Approved by the Board of Trustees and signed on its behalf by

Hanif M Saleh Date: 02/02/2022 Trustee

SALEH CHARITABLE TRUST Notes to the Accounts for the period ended 31 March 2021

Basis of preparation

1 Basis of accounting

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102 and charities SORP (FRS 102) effective 1 January 2019, published by the Charity Commission in England & Wales.

The charity is a public benefit entity.

2 Accounting Policies

Income

Income from charitable activities and voluntary donations are included in full in the Statement of Financial Activities when received. The value of services provided by volunteers has not been included.

Expenditure

Expenditure is included in the accounts on an accruals basis.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Buildings

The trustees are of the opinion that the depreciation charge for the buildings is not required as the buildings are maintained and the expenditure reflected in the income and expenditure account.

Unrestricted funds

Unrestricted funds are donations and other incoming resources receivable or generated for the charity without further specified purpose and are available as general funds.

Restricted funds

Restricted funds are funds subject to specific trusts, which may be declared by the donor(s) or with their authority (e.g. in a public appeal) or created through legal process, but still within the wider objects of the charity. Restricted funds may be restricted income funds, which are spent at the discretion of the trustees in furtherance of some particular aspect(s) of the objects of the charity, or they may be endowment funds, where the assets are required to be invested, or retained for actual use, rather than spent.

SALEH CHARITABLE TRUST Notes to the Accounts for the period ended 31 March 2021

3 Analysis of income Donations and legacies Donations Rental income Total Total income 4 Analysis of expenditure Expenditure on charitable activities Grants & Donations Accountancy fees Independent examiner's fee Bank charges Total Total expenditure 5 Grants made to institutions Name of institutions Tanzimul Masajid- Gujrat- India Rawdhatul Ilm- Blackburn UK	Restricted Unrestricted income 2021 funds funds Total funds £ £ £ 20,000 - 20,000 13,630 - 13,630 33,630 - 33,630 33,630 - 33,630 Restricted Unrestricted income 2021 funds funds Total funds £ £ £ 10,000 - 10,000 250 - 250 150 - 150 31 - 31 10,431 - 10,431 10,431 - 10,431 Purpose Support orphanage Support charity education building	2020 Prior year £ 4,000 10,310
		14,310

		14,310
		2020 Prior year £ 16,050 200 - 123
		16,373

		16,373
		2021 £ 5,000 5,000
		10,000

SALEH CHARITABLE TRUST Notes to the Accounts for the period ended 31 March 2021

6 Land, buildings, equipment and fittings

Buildings £ Cost At 1 April 2020 210,390 At 31 March 2021 210,390 Depreciation At 31 March 2021 - Net book value At 31 March 2021 210,390 At 31 March 2020 210,390 7 Creditors 2021 Analysis of creditors: £ Accruals 400 400 8 Analysis of fund assets and liabilities Unrestricted funds £ Tangible fixed assets 210,390 Current assets 30,727 Current liabilities (400) 240,717	Buildings £ 210,390	Fittings and Total equipment Land £ £ £ - - 210,390
	210,390	- - 210,390

	-	- - -

	210,390	- - 210,390
	210,390	- - 210,390
		2020 £ 200 200 Restricted income Endowment Total funds funds 2021 £ £ £ - - 210,390 - - 30,727 - - (400)
	240,717	- - 240,717

9 Details of certain items of expenditure

Fees for examination of the accounts Independent examiner’s fees	2021 £ 150	2020 £ -

10 Transactions with trustees and related parties.

There were no benefits, expenses or remuneration paid to the Trustees or persons connected to them.

11 Employees Average number of employees	2021 Number -	2020 Number -

No employee received emoluments of more than £60,000.