**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**
- 1 -
## **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**
2
## **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.
3
## **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.
4
**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.
5
## **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|
6
## **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|
7
## **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.
8