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2022-12-31-accounts

Objecti v es
and
Acti viti es es
SQRP reference
Summary of the purposes of Para 1 17 The relief of poverty and economic
the charity as set out in its disadvantage
among
persons who are in a
governing document condition
of need, hardship
or
distress
primarily
in the united
kingdom
and generally
around
the world
by
providing such persons
with finance, goods and services which they
could not otherwise afford through lack of
financial
means.
Summary
of the main
activities
in relation
to those
Para
1 19
1 17and Awarding
financial
hardship
grants.
Issuing
supermarket
vouchers
to individuals
purposes for the public as well as community organisations and
benefit,
in
particular, the charities
to give to needy
individual
on our
actiwties, projects or behalf.
services identified
in
the Homeless
feeding projects.
accounts Fresh meat distnbution.
Raising funds for local hospitals and
homeless
projects.
Raising funds for assisting
refugees
resettled
locall
.
Statement confirming Para 1 18 Yes they have
whether
the trustees
have
had regard to the guidance
issued
by
the Charity
Commission on public
benefit

Para 1 38
Policy on grant making
Para 1 38
Policy on social investment
including program related
investment
Para 1 38
Contnbutfon made by
volunteers
Other

SORP reference SORP reference
Helping to clear debts of beneficiaries thus
allowing then to use their income for daily
living costs and/or
avoiding
becoming
Summary
of the main
achievements
of the chanty,
Para 1 20 homeless.
identifying the difference the Helping beneficiaries by providing financial
charity's work has made to assistance
in meeting
food, clothing and
the circumstances of its utility costs.
beneficiaries
and
any wider
benefits to society as a Providing grants
to cover the cost
of
whole. deposits and rent of beneficiaries thereby
securing their accommodation
Assisting beneficiaries with costs of
purchasing
essential
household
items and
goods.
Achievements
against
Para 1 41
objectives set
Performance
of fundraising
activities against objectives Para 1 41
set
Investment
performance
Para 1 41
against objectives
Other

Rewew of the chanty's Rewew of the chanty's Rewew of the chanty's Rewew of the chanty's Rewew of the chanty's Para 1 21 At the end ofthe of the period the charity charity
financial
position
at the end had available
funds
in excess of E84k to
ofthe period continue
its activities of providing
grants and
financial assistance.
This will be further
increased
during the course ofthe
next
financial
period as more donations
are
received
from members
of the
ublic.
Statement explaining the Para 1 22 Reserves kept solely to be awarded as
policy for holding reserves grants
in the future when received
donations
stating
why
they are held are less than expected or do not meet the
bud
et ex enditure.
Amount
of
reserves held Para 1 22 E10,000.00
Reasons for holding zero Para 1 22 Not applicable
as we always keep
reserves
reserves from the
revious
ear.
Details of fund materially in Para 1 24 Not applicable
as no funds
in deficit,
deficit
Explanation of any Para 1 23 No concerns.
uncertainties about the
chanty
continuing
as a going
concern
Additional
information
(optional) (optional)
You ma
choose to include
further statements where relevant about:
The charity's
principal
sources offunds
(including
Para 1 47
any fundraising)
Investment
policy and
objectives
including
any
Para 1 46
social investment
policy
adopted
A description
ofthe principal
Para 1 46
risks facing the charity
Other

Descnption
of charity's
trusts
Type of governing
document
Para 1 25 Constitution.
How is the charity Para 1 25 Chanty Incorporated Organisation (CIO).
constitutedo
Trustee selection
methods
Para 1 25 Elected by trust members.
including
details of any
constitutional
provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees

Policies and procedures
adopted
for the induction
Para 1 51
and training of trustees
The charity's organisational
structure
and
any wider Para 1 51
network
with
which the
charity works
Relationship with any related Para 1 51
parties
Other

Charit
name
Nawaal
Benevolence
Fund
Other name the charit
uses
Nawaal
Fund, NBF
Re istered charit number 1155381
Charity's
principal
address 70 Fountayne
Road
London N16 7DT

Unrestricted Restricted Total Funds Total Funds
Funds Funds 2022 2021
E E E E
Incoming
Resources
Receipts
Zakaf, Iiiliah/sadartah and other donations 196,604 196,604 184,357
Gift Aid 17,380 17,380 14,502
Total receipts 213,984 213,984 198,859
Payments
Charitable
activities
Grants and vouchers 169,060 169,060 131,784
Qurbani
project
720 720 2,090
General expenses
Office expenditure 436 436 355
Subscription 420 420 0
Website costs 290 290 0
Marketing 162 162 100
Insurance 235 235 235
Volunteer
expenses
1,406 1,406 1,202
Travel 1,262 1,262 1,886
Total payments 173,991 173991 137653
Net Income/(Expenditure) for the year before
transfers 39,993 39,993 61,206
Transfers
from general
funds
Net Income/(Expenditure) for the year 39,993 39,993 61,206
Net movement
in funds
39.993 39,993 61,206
Balances brought
forward
at 1st January 2022 84,913 84,913 23.707
Balances earned
fonvard
at 31st December 2022 124,906 124.906 84,913
Current Assets
Cash at bank and in hand
124,906 84,913
Net current assets 124,906
Total net assets 124,906 84,913
Funds
Restricted
Unrestricted 124,906 84,913
124,906