CHARITY COMMISSION FOR ENGLAND AND WAIES Trustees, Annual Raport lor the rIOd From 1$1 Jan 2023 P•rlod st•rt dal• To 31•1 Dec 2023 P•rlod •nd dato Ch•rlty name: Naw••l B•n•vol•nc• Fund Charlty r•gl•lTatlon numbèr: 1155381 Objectives and Activities SLFmm8ry of the purposes of the tharity as sel out in rts govemin9 dont P 1.17 The Tel of poverty and eeA7nomic dtsadvantage among pwsons a in rx)nditn of need. hardship or di51re$s imarity in Ihe united kiThJdorn and genef81ty around Ihe by providing such pernS wilh finance. goods and services which they C4)uld Th)t 01heThSe afford through lack of finanoal rnes. Awarding finarwl hardship grants. Issuing supearke1 vouchers to individuaL8 as well as tMunNY (niSatIOnS and dntS to gNe to needy indfvfjdual on tyjr Summary of the main actsvities in tiOn to kne purposes for the benefit, in parbcur. the P•• 1.17 tdentified in the accounts. Fresh meat dstributN)n. Raising funds Iof )SPital5 and homeless prityects. Raing funds for assis11r lgeeS rèsettkd loca Yes tw hav¥. stsiwnent confvmi whether the InJstee5 have had regard to the guidance issu¢d by the Charity Commi5$ion on puNic benefft 1.10 Additional Inforn)on (optlonall YCNJ ma thc)se to Inde fvrther slatements there relBvanl atJ1.. Polcy on grant mthThJ Pdity on soa81 investment including progr8m relalod investment
Cohthbuts)n madè by ¥olunlee Ov Achlevements and Performance Helping lo clear debts of beneficiarie5 Ihus allowng Ihen lo use Iheir incorne lor daily cosls andlor avoidin9 becoming horne$S. Summy ol Ihe rnain achievemèn ol the chanty. dents..g the difference Ihe thariws work has made lo Ihe Circumstances 01 [15 nefidaries and any wider benefils lo 5ty as Pw• 12• Helw'ng benefalle$ by provwJin9 financial assisiance in meetsng f(xJ. clolhin9 and U""ty costs. PiovKling grants to cover Ihe cosl of deposts and renl of befiCiae5 theréby s•curffo Ihtir atrommodallon. Assisting beneficbafies wthh costs of purthasing essenlial househokj il¢m$ and Addltlon•l Inlomiatlon loptlonall You ma choose lo indude lurther stslemenls le rebpvanl about. A¥•mnIS againsl otyectives sel P•¥ IAI PerfomarThJ Of lundrai5ing acb'vtties against oty'edN Set P¥• IAI Investrneni rfOlanC• 89alnst obJ"ociJves 1.41
Flnanclal Revlew Review of the charity's finanoal p051tion al Ihe end ol Ihe period Pqr4 1.21 Al Ihe end of the of the period the charity had available funds In excess of £84k lo continue its activilies of providing grants an financial assistance. This will be further Increased during the course ol the next financial period as more donations are received from members of the Reserve5 kepl solely lo be awarded as grarsls in Ihe fulure when received donalions 3re less Ihan expeded or do not m8el the bud el ax endilure. £10.000.00 Not applicable as we always keep reserves from the reviou5 ear. Nol applicable as no funds in deficil. ststemenl explaining the poli¢y for holding reserves stating why they are held Par4 1 21 Amount of reseryes held Reasons lor holdin9 zero reserve5 Detai15 01 fund rnalerialty deficil Explanatson of any uncertainties about the tharity continuing as a going concem P4ra 1 22 1.24 P¥ri 1.2J No concems. Addltlonal inlom)atlon loptlonall You ma choose to include further ststements where relevant about-. The charity's prinapal sources of funds lindudin9 any fundfai5in91 P** 1.47 Investment policy and objectives including any social investment policy adopled PaTa 1.46 A description of Ihe principal risks laGing th¢ charity oth
Slruclure, Governancè and Management Dè5cripihJn ol thBrtty'i trusls". Type of goytming docuffenl Pw•125 Conslrfution. How is Ihe chanty o)nslrtuted? Pw•125 Ch81ty lncoryJ1od Org8nisDlJon {ClOI. )orBle¢J Trust•e selociion 1ha$ Including detalls of any constrtv¢ion81 provisions e.g. elticiion to p)si or name of any person or b>Jy entrtd lo appoint one or mcffe tW$iees 12$ Elèct•d by Iwsl membgrs. Addlllonal Inlorni•llon lopilonall You ma chcKJse lo include lurlher 5t8tements le¥an1 atlL Policies and pIcdultS adopted lor the induciion ar training of trustees Pw• 1.51 The alartty's organisatwl $tructufe and any W¢T )th whKh th• P* i.si ch8rrty Rela1nshIp TAth •ny rfatod parts Reference and Admlnlstratlv• dotalls Cha name Olher n8m8 th& Uses ¢st6red cha nurnbgr Chanlls principal addi•ss Nawaal 8on•volenc• Ftsnd Nawaal Fund NBF 1155381 70 Founloyna Road London N16 7DT
Narntr of petson lor by) enfltlert ID appolnt twst•• D•lEs Thot lof whole Trust•• nam• Offir• Ilf anyl A R Mangera Eusool Dawood AJnerat Chairperson Tnjst Members Trust Members Musa Jabbai Yusul Dana Secretary Trust Members Trust Members Trust Members Yunus Kapadia Treasurer sin 3110812023 rate tnJslees- names of the dNectors at the dale the re Dirodor wasa Name of trusteés hokling tiue io propetty belonging to th• charty Funds held as custodian trustees on behalf of others Descriptson of the assets None held in this capacity
Name and objecls of Ihe charity on whose behalf the assets a hold and how this falls wthin the custodian charity's objects None Details of arrangements lor safe custody and segregation of such assets from the charity's owm assets None Addltlonal informatlon {tsptlonall Type of Name adviser Address Nam• of chief executive or name5 of s•nlor Stsff m¢mbews (Optional informatlonl Exemptions from disclosure Reason lor rn-d*SoSu of ke NIA rsonnel delaiLs Other o tional infomiation Declarations The trusiees declare Ihat they havg approved the trust••s' r•port Ilncludlng dlr•ctors' r•port} above. Slgntrd on b•half of th• ¢harlty'8 tn•8t••sldlr•ctor• Slgnatur•(s} Full narn•{•l Yunu5 Kapadia Eusoof Dawood Amernt Posltlon Treasurer Twuslee D•t• 3111012024 3111012024
The Charlty Reglstratlon Number: 1155381 Nawaal Benevolence Fund Nawaal Benevolence Fund Accounls 31 December 2023
Mawaal 8enevolenee Fund INDEPENDENT EXAMINERE REPORT I rep)rt to th¥ Iruste8s on my examinat ol at%tyJnts ol Nawaal Bene¥oleKe Fund for the year eThJed 31 December 2023 Ro#ponslbllllS•s •nd b•sls of r•port As the trustees ol the chaiilatAe irofw)ralèd orgar4sath?n ytyj ar8 r95wnsib18 lor thè preparalK¥n ol the accounts in accordan¢e ¥th the requirements ol the Chan$ Act 2011 llhe 2011 Acll. I re[ in respect ol my examThlion ol the clwitth Irpated or9anisaiion's accoLtnts carried out under se¢tKJn 145 of the 2011 Acl. In carw"ThJ oul my examinat I have lollowad all the apIcable DirectKJns gwen by Chwily C4ynmi8sion urn1er sedKJn 14515llbl ol the 2011 examinaiion was ¢arried out in acctydarKe Mlh general Direetyons gNen by the Charity CommissKin. An exarninatK>n inckths a review ol the argJunting rery)rds kept by the tharity and a eJ)mparison ol the accounts wesented ith th)se recorts. It also ijeS considefatJn ol any unusual items or disdosurès in accounts. arKI sè8kn.rg e¥planaiKYts from the IFusl$es concerning any such matters. The wocedures ulertaken do not wovKYe all the evidence thal V4wJd be required in an audit. and consequentty no ow#)n 15 gNen as lo wtsther Ihe accounts present a Irue aTrJ lairf VI a1 the report 15 Im1 lo those matter5 Sat oul the slalemgnt I IH¥e comWd My ex11a1. I confm that rK> matters havt o)mè to my attention in nrction ith tho examination giving m8 cause io be&e¥e that in any fflaterial Te$rd: aoxuntWVJ fecord$ were 1¢ ke0 respect of Ihtr ¢hwitablè incorporaled Organisation as lulred by sectyon 130 01 the 2011 N£t.' c accounts (kn not a¢¢tyd ith thos¢ r¢., or I have no ¢0m6 and have c¢xne across other malt8rs kn connli0n with èxamlnation lo tKh attenlion sPthikJ be dro in this ordaT lo enabl& a Frfoper understa1 ol the a¢¢¢)unts to bo roat*d. 7kJL Z Ph2n 7th October 2024
w••1 Benevol•nce Fund R•¢elpt$ and p•ym•nls accoun¢$ Y••r •nd•d 31 D•E•fflb•r 2023 (InStsl Funds Bestrf¢led Funds T•1 Funds T¢>t¥l Fvndj 2023 2022 Ineomlng R•1 R•c•ipts Zakal. lithahlsadaqah other Grfi knl 130.756 19.374 130.756 19.374 196.604 17,380 Totsi r•c•lpl• 150.130 150.130 213.984 Charslable activths Grants and vrAJ¢hers authni woje¢t 174.7 174.007 1.300 169,060 720 Offti eythlure Salaries Subscriplion Websrte costs IAark81i Irlsurance Volunteer exFwses Tr1 210 210 S.200 504 428 436 420 290 162 235 428 157 157 1,839 731 731 1,262 Tgtsl yM•D¢S 784.376 184.376 173,991 Nel IneomellExp8TrJrtu} for Ihe yaar belore trartslws 1342461 134.2461 39,993 Tran51ws from g8n•ral lur*Js Nel lrwrnIEXF¢TrdN} Ihe al 1342461 134,2461 39,993 N•1 mo¥•mwst In fund• 134.2461 134.2461 39.993 galan broLwhl loThNd at 1$lJanu¥y 2023 124.907 124.907 84,913 ).661 9),661 124,906
N•w••l Benevolen¢e Fund B¥l•nte Shet As * 31 December 2023 Current Assets Cash at bank and in harml 91,051 124.906 91.051 124.906 Credllors- amounts laLlre due Mlhin one yeaf Nel ¢urrent assets 90.661 124.906 Tolal n•1 ass•ts 90.661 124,906 Funds Aestricled UnrestrKled .661 124. 90.661 124.906 Pmroved by the Bod ol Tntstees arnl 5th] on its be1 ty.. nature: Swjnatwa.. FvseoF .?. J I(APh.SIA Dale: 21- io- lolg- Namè: Dal•'.
otes to the Accounts lor the year ended 31 December 2023 1 Ae¢ountlng pollcles Basls of preparation The accounts have been prepared on cash basis Ireceipls and payments aecounlsl. Lllllah, sadaqah and othèr donatlons Zakal, lilliahlsadaqah and other donations represents donations made by individuals and or9anisalions duTing the course over the year 2 Credllors - amounls falling due wilhin one year 2023 2022 PAYE 390 390
The Charlty Reglstratlon Number: 1155381 Nawaal Benevolence Fund Nawaal Benevolence Fund Accounls 31 December 2023
Mawaal 8enevolenee Fund INDEPENDENT EXAMINERE REPORT I rep)rt to th¥ Iruste8s on my examinat ol at%tyJnts ol Nawaal Bene¥oleKe Fund for the year eThJed 31 December 2023 Ro#ponslbllllS•s •nd b•sls of r•port As the trustees ol the chaiilatAe irofw)ralèd orgar4sath?n ytyj ar8 r95wnsib18 lor thè preparalK¥n ol the accounts in accordan¢e ¥th the requirements ol the Chan$ Act 2011 llhe 2011 Acll. I re[ in respect ol my examThlion ol the clwitth Irpated or9anisaiion's accoLtnts carried out under se¢tKJn 145 of the 2011 Acl. In carw"ThJ oul my examinat I have lollowad all the apIcable DirectKJns gwen by Chwily C4ynmi8sion urn1er sedKJn 14515llbl ol the 2011 examinaiion was ¢arried out in acctydarKe Mlh general Direetyons gNen by the Charity CommissKin. An exarninatK>n inckths a review ol the argJunting rery)rds kept by the tharity and a eJ)mparison ol the accounts wesented ith th)se recorts. It also ijeS considefatJn ol any unusual items or disdosurès in accounts. arKI sè8kn.rg e¥planaiKYts from the IFusl$es concerning any such matters. The wocedures ulertaken do not wovKYe all the evidence thal V4wJd be required in an audit. and consequentty no ow#)n 15 gNen as lo wtsther Ihe accounts present a Irue aTrJ lairf VI a1 the report 15 Im1 lo those matter5 Sat oul the slalemgnt I IH¥e comWd My ex11a1. I confm that rK> matters havt o)mè to my attention in nrction ith tho examination giving m8 cause io be&e¥e that in any fflaterial Te$rd: aoxuntWVJ fecord$ were 1¢ ke0 respect of Ihtr ¢hwitablè incorporaled Organisation as lulred by sectyon 130 01 the 2011 N£t.' c accounts (kn not a¢¢tyd ith thos¢ r¢., or I have no ¢0m6 and have c¢xne across other malt8rs kn connli0n with èxamlnation lo tKh attenlion sPthikJ be dro in this ordaT lo enabl& a Frfoper understa1 ol the a¢¢¢)unts to bo roat*d. 7kJL Z Ph2n 7th October 2024
w••1 Benevol•nce Fund R•¢elpt$ and p•ym•nls accoun¢$ Y••r •nd•d 31 D•E•fflb•r 2023 (InStsl Funds Bestrf¢led Funds T•1 Funds T¢>t¥l Fvndj 2023 2022 Ineomlng R•1 R•c•ipts Zakal. lithahlsadaqah other Grfi knl 130.756 19.374 130.756 19.374 196.604 17,380 Totsi r•c•lpl• 150.130 150.130 213.984 Charslable activths Grants and vrAJ¢hers authni woje¢t 174.7 174.007 1.300 169,060 720 Offti eythlure Salaries Subscriplion Websrte costs IAark81i Irlsurance Volunteer exFwses Tr1 210 210 S.200 504 428 436 420 290 162 235 428 157 157 1,839 731 731 1,262 Tgtsl yM•D¢S 784.376 184.376 173,991 Nel IneomellExp8TrJrtu} for Ihe yaar belore trartslws 1342461 134.2461 39,993 Tran51ws from g8n•ral lur*Js Nel lrwrnIEXF¢TrdN} Ihe al 1342461 134,2461 39,993 N•1 mo¥•mwst In fund• 134.2461 134.2461 39.993 galan broLwhl loThNd at 1$lJanu¥y 2023 124.907 124.907 84,913 ).661 9),661 124,906
N•w••l Benevolen¢e Fund B¥l•nte Shet As * 31 December 2023 Current Assets Cash at bank and in harml 91,051 124.906 91.051 124.906 Credllors- amounts laLlre due Mlhin one yeaf Nel ¢urrent assets 90.661 124.906 Tolal n•1 ass•ts 90.661 124,906 Funds Aestricled UnrestrKled .661 124. 90.661 124.906 Pmroved by the Bod ol Tntstees arnl 5th] on its be1 ty.. nature: Swjnatwa.. FvseoF .?. J I(APh.SIA Dale: 21- io- lolg- Namè: Dal•'.
otes to the Accounts lor the year ended 31 December 2023 1 Ae¢ountlng pollcles Basls of preparation The accounts have been prepared on cash basis Ireceipls and payments aecounlsl. Lllllah, sadaqah and othèr donatlons Zakal, lilliahlsadaqah and other donations represents donations made by individuals and or9anisalions duTing the course over the year 2 Credllors - amounls falling due wilhin one year 2023 2022 PAYE 390 390