2024-03-31-accounts - Orphans Of The Dunya

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Charity Number: 1155666

ORPHANS OF THE DUNYA

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MARCH 2024

ORPHANS OF THE DUNYA

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Souad Lakhouiri (Chair) Gulam Tapali Kadishta Mubin Nooray Charity Number: 1155666 Contact Address 4 7 S t i l l in g t o n Cre s c e n t Hamilton Leicester LE51WH Independent examiners Lookman Divelli ACMA CGMA Pure Accountancy & Consultancy Services Ltd Association of Chartered Management Accountants 73 Junction Road Bolton BL3 4NF Bankers HSBC Bank plc 160 Belgrave Road Leicester LE4 5AU

ORPHANS OF THE DUNYA

Page Trustees’ report 1 Independent examiners’ report to the trustees 2 Statement of financial activities 3 Balance sheet 4 Notes to the financial statements 5 – 8

ORPHANS OF THE DUNYA

FOR THE YEAR ENDED 31 MARCH 2024

The trustees present their financial statements of the charity for the 12 months to the year ended 31[st] of March 2024. The financial statements have been prepared in accordance with the accounting policies set out on page 6 and comply with the charity’s trust deed and applicable law.

Statement of the Trustees’ Financial Responsibilities

The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations.

The trustees are required to prepare financial statements for each financial period in accordance with Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of Firdous Foundation and of its incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees should follow best practice and:

Select suitable accounting policies and apply these consistently
Make judgements and estimates that are reasonable and prudent
Prepare the financial statements on a going concern basis unless it is inappropriate to assume that Firdous Foundation will continue their activities.

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

On behalf of the Board of Trustees

Souad Lakhouiri (Chair)

DATE: 1st December 2024

ORPHANS OF THE DUNYA

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31[st] MARCH 2024

I report on the accounts of the Trust for 12 months up to the year ended 31[st] March 2024, which are set out on pages 3 to 8.

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 needed by a qualified person falling under the section 145(4).

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 Commissioner under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.

Basis of independent examiners’ report

My examination has been carried out in accordance with the General Directions given by the Charity Commissioner. 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 the seeking of 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 statement below.

Independent examiners’ statement

In connection with my examination, no matter has come to my attention:

which gives me reasonable cause to believe that, in any material respect, the requirements:
(a) to keep accounting records in accordance with section 130 of the 2011 Act; and (b) 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
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

DATE:1[st] December ‘24

Pure Accountancy & Consultancy Services Ltd 73 JUNCTION ROAD Bolton BL3 4NF

LOOKMAN DIVELLI ACMA CGMA ASSOCIATION OF CHARTERED MANAGEMENT ACCOUNTANTS

ORPHANS OF THE DUNYA

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[st] MARCH 2024

Notes Incoming Resources Charitable Activities Income 2 Gift Aid Total Incoming Resources Resources Expended Cost of Generating Funds Charitable Activities 3 Management and Administration 4 Total Resources Expended Net (expenditure)/income for the year Transfers between funds Net movements in Funds Total Funds Brought Forward Total Funds Carried Forward	Unrestricted Funds £ 28,423 2,811 31,234 42,473 2,237 44,710 (13,476) - (13,476) 34,859 21,383	Restricted Funds £ - - - - - - - - - - -	Total 2024 £ 28,423 2,811 31,234 42,473 2,237 44,710 (13,476) - (13,476) 34,859 21,383	Total 2023 £ 20,965 1,941
				22,906
				11,000 1,636 12,636
				10,270 -
				10,270 24,589
				34,859

The notes on pages 5 to 8 form part of these accounts.

ORPHANS OF THE DUNYA

BALANCE SHEET

FOR THE YEAR ENDED 31[st] MARCH 2024

Notes FIXED ASSETS Tangible Assets 5 CURRENT ASSETS Debtors Cash at Bank and in hand 6 CURRENT LIABILITIES Creditors: Amounts falling due within one year 7 Net Current Assets NET ASSETS FUNDS Unrestricted Funds 8	£ 0 21,383 21,383 (0)	2024 £ 0 21,383 21,383 21,383	£ 0 34,859 34,859 (0)	2023 £ 0 34,859
				34,859

				34,859

Approved by the Board of Trustees and signed on their behalf by:

Souad Lakhouiri Trustee

DATE: 1st December 2024

The notes on pages 5 to 8 form part of these accounts.

NOTES TO THE FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[st] MARCH 2024

ORPHANS OF THE DUNYA

1 ACCOUNTING POLICIES

1.1 Basis of accounting

The financial statements are prepared in accordance with applicable accounting standards using the historical cost convention.

The financial statements reflect the requirements of the Statements of Recommended Practice and ‘Reporting and Accounting by Charities’ issued in October 2005.

1.2 Fund Accounting

Unrestricted Funds are funds which are available for the use of discretion of the Trustees in furtherance of the general objectives of the charity and have not been put aside for other purposes.

Restricted Funds are funds which are to be used in accordance with specific restrictions which have been raised by the charity for a specific purpose. The cost of raising and administering such funds are charged against the specific fund.

1.3 Incoming resources

Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Gifts donated for resale are included as income when they are sold. Donated assets are included at the value to the charity where this can be quantified and a third party is bearing the cost. The value of services provided by volunteers has not been included.

1.4 Resources expended

Resources expended is accounted for on an accrual basis and recognised in the period in which they are incurred. Resources expended include attributable VAT, which cannot be recovered.

Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.

Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

1.5 Tangible fixed assets and depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Freehold Land - None Freehold Building - None Fixtures & Fittings - 10% Straight line basis

Properties are included in the balance sheet at cost.

1.6 Tangible fixed assets and depreciation

None of the charity’s functional fixed assets have been revalued during the year.

ORPHANS OF THE DUNYA

NOTES TO THE FINANCIAL STATEMENTS (CONT …) FOR THE YEAR ENDED 31[st] MARCH 2024

2 CHARITABLE ACTIVITIES INCOME Donations 3 Costs of Charitable Activities Charitable Project & Activities Costs Wages & PAYE 4 MANAGEMENT AND ADMINISTRATION Legal & Professional Premises Rent Bank Charges	Unrestricted Funds £ 28,423	2024 £ 28,423 2024 £ 42,473 0 42,473 2024 £ 521 1,100 616 2,237	2023 £ 20,965
			2023 £ 11,000 0 11,000
			2023 £ 1,469 0 167 1,636

ORPHANS OF THE DUNYA

NOTES TO THE FINANCIAL STATEMENTS (CONT …) FOR THE YEAR ENDED 31[st] MARCH 2024

5 TANGIBLE FIXED ASSETS COST At 1st April 2023 Additions Disposals At 31st March 2024 DEPRECIATION At 1st April 2023 Charge for the period Disposed in the period At 31st March 2024 NET BOOK VALUES At 1st April 2023 At 31st March 2024 6 CURRENT ASSETS Cash at Bank Cash in Hand 7 CURRENT LIABILITIES Accruals Loans	Property £ - - - - - - - - - -	Fixtures & Fittings £ - - - - - - - - - - 2024 £ 21,383 0 21,383 2024 £ 0 0 0	Total £ - - -
			-
			- - -
			-
			-
			-
			2023 £ 34,859 0 34,859
			2023 £ 0 0 0

ORPHANS OF THE DUNYA

NOTES TO THE FINANCIAL STATEMENTS (CONT …) FOR THE YEAR ENDED 31[st] MARCH 2024

8 UNRESTRICTED FUNDS Unrestricted fund	31st Mar 23 £ 34,859	Incoming £ 31,234	Outgoing s £ (44,710)	Transfer s £ -	31st Mar 24 £
					21,383

The trustees are free to use unrestricted funds in accordance with the charitable objectives.