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2022-07-31-accounts

Trustees' Annual Report for the period

Period start date

Period end date

From 01 08 2021 To 31 07 2022

Section A Reference and administration details

Charity name SIDQ FOUNDATION

Other names charity is known by Registered charity number (if any) 1156861

Charity's principal address 61 Somersby Gardens, Ilford, Essex Postcode IG4 5DY

Names of the charity trustees who manage the charity

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20		 Trustee name Office (if any) Dates acted if not for whole
year		 Name of person (or body) entitled
to appoint trustee(if any)
Nur Alam Rahman Trustee
Abid Abdulkhaliq Trustee
Rajul Islam Chair Person

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

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Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

De�c�i��i�n �f �he cha�i���� ������

Type of governing document

Trust deed

How the charity is constituted

Trust

Trustee selection methods

Appointed by the Chairman

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

The trustees present their report with the financial statements of the charity for the year ended 31 July 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). Sidq Foundation now has a Partnership Agreement in place and is working with the Jordan Benefits Fund in the area of poverty alleviation. The Jordan Benefits Fund web site is here: https://www.jordanbenefitsfund.com/

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

To relieve the needs of the poor, in particular but not exclusively, refugees on the border of Jordan and in Amman by the provision of goods and equipment such as shelter, food, clothing and medical supplies.

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Funds were distributed to help: � Wid� ws � The ���� � Ref�gee� � O��ha��

Summary of the main Monthly payments are made to cover rent for refugee families that are for activities undertaken for the one reason or another incapacitated. Several orphan families are also on public benefit in relation to the list of the people we are able to help. these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

Sidq Foundation has a Partnership Agreement in place and is working with the Jordan Benefits Fund in the area of poverty alleviation. The Jordan Benefits Fund web site is here: https://www.jordanbenefitsfund.com/

You may choose to include further statements, where relevant, about:

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Section D Achievements and performance

Summary of the main achievements of the charity during the year

Sidq Foundation was registered in April 2014.The Trustees and our partners in Amman, Jordan have been collaborative, and we are very pleased that we are able to ease the suffering of the people in need by:

� collecting and distributing funds for poverty reduction � providing help to refugees with their rent payments � providing financial assistance to orphans � providing financial assistance to those unable to work

The predicament of many of the refugees in Jordan is that they are unable to work, or if they are working, the minimal wages they receive are not sufficient to lift them above poverty level or to feed a family.

During this accounting year the charity extended an additional project, provided winter shelter and clothing for the refugees.

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Section E Financial review

Brief statement of the charity � s policy on reserves

RESERVES POLICY The trustees consider that the reserves held are sufficient to continue the charities activity in future years. The trustees actively review the major risks which the charity faces on a regular basis and have also examined other operational and business risks faced by the charity. The trustees confirm that they have established systems to mitigate the significant risks.

Details of any funds materially

in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

FINANCIAL REVIEW

FUTURE PLANS

Section F Other optional information

STRUCTURE, GOVERNANCE AND MANAGEMENT

GOVERNING DOCUMENT

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

The charity trustees are responsible for the general control and management of the charity. The trustees give their time feely and receive no remuneration or other financial benefits. The trustees at the moment meet together as a body when and as required and are responsible for all decisions taken in relation to running the activities provided by the charity.

INDUCTION AND TRAINING

NEW TRUSTEES

Following appointment, new trustees will be introduced to their new role and are requested to familiarise themselves with contents of the trusts constitution and to the policies and procedures adopted by the charity. They are also requested to read a number of publications from the Charity Commission to ensure that they are aware of the scope of their responsibilities under the Charities Act.

The new trustees will work collectively with existing trustees assisting on activities and projects run by the charity, to attain maximum benefits for the charity.

VOLUNTEERS

Volunteers are an important resource in both our faith and community work. Volunteers are involved in most of our faith and community activities, and we have people and family members who regularly give up their time as volunteer.

All our trustees also give of their time freely. We encourage all members to be involved in voluntary activities and to share their skills with others.

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PUBLIC BENEFIT

The trustees have recognised the guidance in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives of the charity and when planning activities. The difference the charity makes for the public benefit is the furtherance of elevating poverty.

RISK MANAGEMENT

The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to those risk, appropriate controls are in place to mitigate financial risks overseen by trustees.

The trustees declare that they have approved the trustees� report above.

Signed on behalf of the charity's trustees

Signature Full name Rajul Islam Ali Mr. Rajul Islam

Position (e.g. Secretary, Chair): Chair Date: 07/06/2023

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Charity Name Charity Name Charity Name Charity Reg No Charity Reg No CC16a
SIDQ FOUDATION 1156861
Receipts andpayments accounts
For the
period from		 Period start To Period end
01/08/2021 31/07/2022
Section A Receipts and payments
Unrestricted
funds		 Restricted
funds		 Endowment
funds		 Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
DONATIONS 56,068 - - 56,068 56,730
- - -
- - - -
- - - - -
Sub total(Gross income for AR) 56,068 - - 56,068 56,730
A2 Asset and investment sales, (see
table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 56,068 - - 56,068 56,730
A3 Payments
FUND RAISING 191 - 191 188
CHARITABLE PROJECT 1 - FINANCIAL SUPPORT 63,141 63,141 70,611
DATA MAMANGEMENT 267 267 77
BANK CHARGES 388 - 388 342
ACCOUNTANCY AND I&E FEE 600 - 600 600
- - -
**Sub total ** 64,587 - - 64,587 71,818
A4 Asset and investment purchases,
(see table)
- - - -
- - - -
**Sub total ** - - - - -
Totalpayments 64,587 - - 64,587 71,818
Net of receipts/(payments) (8,519) -
-		 (8,519) - 15,088
A5 Transfers between funds - -
-		 - -
A6 Cash funds lastyear end 27,629 -
-		 27,629 42,717
Cash funds thisyear end 19,110 -
-		 19,110 27,629

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Section B Statement of assets and liabilities at the end of the period

Categories Details Details Details Unrestricted
funds		 Restricted
funds		 Endowment
funds
to nearest £ to nearest £ to nearest £
B1 Cash funds CASH AT BANK 19,110 - -
CASH IN HAND - - -
- - -
Total cash funds 19,110 - -
(agree balances w ith receipts and
payments account(s))		 OK OK
Unrestricted
funds		 Restricted
funds		 Endowment
funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets - - -
- - -
- - -
- - -
- - -
- - -
Details Fund to which
asset belongs		 Cost (optional) Current value
(optional)
B3 Investment assets - -
- -
- -
- -
- -
Details Fund to which
asset belongs		 Cost (optional) Current value
(optional)
B4 A��e�� �e�ained f�� �he cha�i����
own use		 - -
- -
- -
- -
- -
- -
- -
- -
- -
Details Fund to which
liability relates		 Amount due
(optional)		 When due
(optional)
B5 Liabilities CREDITORS -
-
-
-
-
Signed by one or two trustees on behalf of all
the trustees		 Signature Print Name Date of
approval
Rajul Islam Rajul Islam 06/06/2023

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Section A Indepe nden� E�amine��� Re����

Report to the trustees/
members of
On accounts for the year
ended
Set out on pages
Responsibilities and
basis of report
Independent
examiner's statement
Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:
 SIDQ FOUNDATION SIDQ FOUNDATION SIDQ FOUNDATION
31 JULY 2022 Charity no
(if any)		 1156861
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above
cha�i�� (��he T�����) f�� �he �ea� e�ded31/07/2022.
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
(��he Ac��).
I report in respect of my examination of theT������accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have
come to my attention in connection with the examination (other than that
disclosed below ) which gives me cause to believe that in, any material
respect:
�
the accounting records were not kept in accordance with section 130
of the Charities Act; or
�
the accounts did not accord with the accounting records; or
I have no concerns and have come across no other matters in connection
with the examination to which attention should be drawn in this report in
order to enable a proper understanding of the accounts to be reached.
Please delete the words in the brackets if they do not apply.
jarshad
Date:08/06/2023
08/06/2023
Jamal Arshad BA(Hons), FCCA
Association of Chartered Certified Accountants (ACCA).
S D GARNER + CO
92 Station Lane, Hornchurch, Essex, RM12 6LX

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Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

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