**REGISTERED CHARITY NUMBER: 1155934** 

## Report of the Trustees and 

Unaudited Financial Statements for the Year Ended 31 March 2022 

## for 

## The Noor Foundation Uk 

Nabaile Young Chartered Accountants 334 Slade Lane Manchester United Kingdom M19 2BL 



The Noor Foundation Uk 

Contents of the Financial Statements for the Year Ended 31 March 2022 

||Page|
|---|---|
|Report of the Trustees|1 to 2|
|Statement of Financial Activities|3|
|Balance Sheet|4|
|Notes to the Financial Statements|5 to 9|
|Detailed Statement of Financial Activities|10|





The Noor Foundation Uk 

## Report of the Trustees 

for the Year Ended 31 March 2022 

The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and activities** 

The work of this CIO is set out in its constitution (dated 2 January 2014). It was established to continue the work of the previous incarnation of The Noor Foundation UK (registration number 1068649) which is; the relief of poverty, sickness and distress anywhere is the world, in particular but not exclusively by aiding in establishing and maintaining kidney treatment centres in Pakistan. 

## **ACHIEVEMENT AND PERFORMANCE** 

At the time of the preparation of these accounts, confirmation of transfer of assets from the Charity to the CIO is awaited. 

## **FINANCIAL REVIEW** 

The chairman, honorary officers and Trustees have reviewed the reserves of the charity. Their policy is to hold enough funds to meet six months operating costs of the "The Noor Foundation UK." 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The Noor Foundation UK (registration no 1155934) is a charitable incorporated organisation (CIO) which was registered by the Charity Commission on 25 February 2014. 

This CIO was created to continue the work of The Noor Foundation UK (registration no 1068649). 

This CIO was created following a resolution by the members of The Noor Foundation UK (registration no 1068649) on 22 February 2014 as follows: 

"The proposed Resolution is that conditional upon satisfactory registration of The Noor Foundation UK Charitable Incorporated Organisation ("the CIO") with the Charities Commission: 

1. The affairs of The Noor Foundation UK ("the Charity" ), charity registration number 1068649, Commission, be wound up and the Charity dissolved; 

2. The Executive Committee realise such assets of the Charity as may be necessary to satisfy the debts and liabilities of the Charity (if any) and subject to discharge of those debts and liabilities transfer any assets held by the Charity to the CIO; 

3. Subject to agreement of the Trustees of the CIO, and completion of appropriate application forms, the membership of the Charity be transferred to the CIO." 

This CIO is governed by its constitution. 

Page 1 



L•
nd
REFERENCE AND ADMINISTRATIVE DEfAILS
Registered Charity number
1155934
Principal addrnss
1 Downfield Closé
Ramsbottom
Lanchashire
BLO 9HN
Trustees
S NAQSHBANDI Chaimian
M MALIK Trustee
Mrs S S NAQSHBANDI Trustao
K S NAQSHBANDI TNstee
Mrs L S KHAN Twstee
Approved by order of the board of trustees on .......... ...
behalf by..
sÉgned on its
K S NAQSHBANDI - Truste8
Page 2

The Noor Foundation Uk 

## Statement of Financial Activities for the Year Ended 31 March 2022 

|Notes<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>**EXPENDITURE ON**<br>Raising funds<br>2<br>**Charitable activities**<br>Kidney dialysis<br>**Total**<br>**NET INCOME**<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>**TOTAL FUNDS CARRIED FORWARD**|31.3.22<br>Unrestricted<br>fund<br>£<br>98,800<br>300<br>73,317<br>73,617<br>25,183<br>223,456<br>248,639|31.3.21<br>Total<br>funds<br>£<br>90,422|
|---|---|---|
|||-<br>79,302|
|||79,302|
|||11,120<br>212,336|
|||223,456|



The notes form part of these financial statements 

Page 3 



31 March 20
31.3.22
Unrestrictwj
fund
31.3.21
Total
funds
Notes
CURRENT ASSETS
Investments
Cash 81 bank and In hand
15,165.
251,7e8
15,165
208.291
2e8,931
223,4
CREDITORS
Amounts f811ing due Y•ithin one year
(18,292)
NET CURRENT ASSETS
248.639
223,458
TOTAL ASSETS LESS CURRENT
LIABIUTIES
248,639
223.456
NET ASSETS
248.639
223.4
FUNDS
Unrestricted funds
248,639
223,45S
TOTAL FUNDS
248.639
223,456
Thè financtal statements Voere approved by the Board of Trustees and authorised for issue on
. and were signed C￿ its behalf by:
S NA(2SHBANDI- Trustee
The notes fomi part of these financial statements
Page 4

The Noor Foundation Uk 

Notes to the Financial Statements for the Year Ended 31 March 2022 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the Charities Act 1993. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Investments** 

Current asset investments are at the lower of cost and net realisable value. 

Page 5 

continued... 



The Noor Foundation Uk 

Notes to the Financial Statements - continued for the Year Ended 31 March 2022 

## **2. RAISING FUNDS** 

|**Raising donations and legacies**|||
|---|---|---|
||31.3.22|31.3.21|
||£|£|
|Support costs|300|-|



## **3. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. 

## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

||Unrestricted|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|90,422|
|**EXPENDITURE ON**||
|**Charitable activities**||
|Kidney dialysis|79,302|
|**NET INCOME**|11,120|
|**RECONCILIATION OF FUNDS**||
|Total funds brought forward|212,336|
|**TOTAL FUNDS CARRIED**||
|**FORWARD**|223,456|



Page 6 

continued... 



The Noor Foundation Uk 

Notes to the Financial Statements - continued for the Year Ended 31 March 2022 

|**5.**<br>**CURRENT ASSET INVESTMENTS**<br>Unlisted investments<br>**6.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Trade creditors<br>Other creditors<br>**7.**<br>**MOVEMENT IN FUNDS**<br>At 1.4.21<br>£<br>**Unrestricted funds**<br>General fund<br>223,456<br>**TOTAL FUNDS**<br>223,456<br>Net movement in funds, included in the above are as follows:<br>Incoming<br>resources<br>£<br>**Unrestricted funds**<br>General fund<br>98,800<br>**TOTAL FUNDS**<br>98,800<br>**Comparatives for movement in funds**<br>At 1.4.20<br>£<br>**Unrestricted funds**<br>General fund<br>212,336<br>**TOTAL FUNDS**<br>212,336|||
|---|---|---|
||||



Page 7 

continued... 



The Noor Foundation Uk 

Notes to the Financial Statements - continued for the Year Ended 31 March 2022 

## **7. MOVEMENT IN FUNDS - continued** 

Comparative net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|90,422|(79,302)|11,120|
|**TOTAL FUNDS**|90,422|(79,302)|11,120|
|A current year 12 months and prior year 12 months combined position is as follows:||||
|||Net||
|||movement|At|
||At 1.4.20|in funds|31.3.22|
||£|£|£|
|**Unrestricted funds**||||
|General fund|212,336|36,303|248,639|
|**TOTAL FUNDS**|212,336|36,303|248,639|
|A current year 12 months and prior year|12 months combined|net movement in fund||
|included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|189,222|(152,919)|36,303|
|**TOTAL FUNDS**|189,222|(152,919)|36,303|



A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

Page 8 

continued... 



The Noor Foundation Uk 

Notes to the Financial Statements - continued for the Year Ended 31 March 2022 

## **8. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31 March 2022. 

Page 9 



The Noor Foundation Uk 

|Detailed Statement of Financial Activities|||
|---|---|---|
|for the Year Ended 31 March 2022|||
||31.3.22|31.3.21|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|98,800|90,422|
|**Total incoming resources**|98,800|90,422|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Fresenius medical care|65,554|64,101|
|Exchange gains/(losses)|7,584|14,816|
||73,138|78,917|
|**Support costs**|||
|**Finance**|||
|Bank charges|23|385|
|**Information technology**|||
|Light and heat|156|-|
|**Governance costs**|||
|Accountancy and legal fees|300|-|
|Total resources expended|73,617|79,302|
|**Net income**|25,183|11,120|



This page does not form part of the statutory financial statements 

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