Charity number: 1160903 KHAIR UL NAS CHARITABLE TRUST For the year ended 31 December 2023 KHAIR UL NAS CHARITABLE TRUST Contents Page For the year ended 31 December 2023 Reptst of the Trustees 1to3 IndeFendent Examinerfs Report lo the Truslees Statement of Finanlxal Ath.¥￿85 Stalement ol Financial Powtion Notes to the Financial StateW￿ts 71010 Détaikd Statement of Financial ACtsV￿¢s KHAIR UL NAS CHARITABLE TRUST Report of the Trustees For the year ended 31 December 2023 The Trustees have pleasure in presenting their report and the financial statements for the charty for the year ended 31 December 2023. The Trustees have adopted the provisions of Accounting and Reporting by Charities. Slalement of Recommended Prath'ce applicable lo charities preparing their accounts a￿rdance wrth the Financial Reporting Standard applicable in the UK and the Republic of Ireland IFRS 1021 (effective 1 January 20191. OBJECTIVES AND ACTIVITIES Objectives and alms To relieve finanaal hardship, distre$8 and suffering ￿noTrg poor people. widows, orphans. victims ol natural disasters and other people in need, by mean5 of. bul not exclusively, making grants or loans for providing or paying for items, equipment, servitss and facilities including the establishment of watei wells and the provision of food, clothing and ac¢ommodation for the said persons.. To advance the religion of Islam, by means of, but not exclusively, promoting the teachings and tenets of Islam, provision of facilities for worship and provision of facilities for Islamic education in accordance with the teachings of the Quran and Sunnah of the Prophet Muhammad PBUH as expounded by the Ahle Sunnah Wal Jammah School of thought.. To advance edu¢81ion for the benefit of the poor, the underprivileged and the general public by means ol s¢holarships, educational activities and facilities, such as schools, libraries and training ¢enlres. Statamant on publlc ben•fit The trustees have considered the Charity Commision's guIdar￿e on publK benefit, including tho guidan¢e 'public benefft.. running a charity {P821'. ACHIEVEMENTS ANO PERFORMANCE Ouring the ¢urrenl year, we have provided Educational Iformal and religiousl facilities including uniforms, food and medical facilities lo more than 165Oneedy Students in Pakistan. We are also raising awareness about the health. walef, sanitation and related issues through our educational programmes. We raise awareness about the importance of education and convince the parents to send their children lo s¢hool. We arranged facilities lo provide high quality education lo the marginalised group$ of the community, who does not have resour¢e$ lo get education. Our charitable work relieve5 the fin8ncial burden of the families 01 these students because now they don't have lo pay ￿tsUcatIOnal expenses for thgir ¢hildren and students ¢an focus on their education with more attention and are able to demonstrate good educational ￿$￿Ils. By supporting these families and children through our projects, we have objective lo allevi81e the povarty through Education. 8180 have promoted awarene88 about the health and other issues through the provision of education. Through our proJe¢lg we support local community to participate in delivery of our Pfojecls. We arrange teaching staff of good calibre and we are also providing good end friendly environment lo students and teacher8 SO they f￿u8 on their objective to achieve desired results. FINANCIAL REVIEW The charity re¢eived donations of £29,289.OOduring the year. Total outgoing ￿SOUrCeS amounted lo £29,366.00, out of which £23,864.00 was Spent on direct charitsble aclivilies. The Trustees are satisfied that the charity's activities dunng the peri(MJ have mel their objectives and are ¥ati$fied with the financial positson al the year end. Reserves Trustees have examined the requirements for free reserves to ensure the charity can meet all its obligation& The chanty aims lo maintsin a level of free reserves ￿u1Valent to 3 months essential operating ¢o$ls. 1of11 KHAIR UL NAS CHARITABLE TRUST Report of the Trustees Continued For the year ended 31 December 2023 STRUCTURE, GOVERNANCE AND MANAGEIIJENT Governing document The Charity KHAIR UL NAS Charitsble Trust is fomied as a Charitsble trust and the affairs of the KHAIR UL NAS Charrtable Trust are governed by the t)edath"on of trust deed dated 10 December 2014 la$ amended on 10 May, 20231. The charity is managed by a board of trustees. In the year entJe¢J 31 DecembeT 2023, the followng persons served as trustees." Mr Muhammad Rafi Ichaimianl Mr Abdul Khaliq Iressgned on 31101r2023) Rizwan Ali Akbar Bibi Wajahal Mioa Muhammad Ashraf RISK MANAGEMENT The charity takes robust steps lo manage the ri5k5 involved in achwing of its aim and objectives. The Board of Trustees reviews significant risks make sure that they are taking appropriate measure5 to manage and redLKe their impact. Recrurtmenl ani1 appointment of trustees The Pfocess ol ￿e￿ultment of the trustees involve detemiine the oplimum skills, knowledgè and experience surtable forthe operational and fvncb.onal needs of the organisah"on. REFERENCE AND ADMINISTRATIVE INFORMAnoN Name of Charity Charity registration numb•r Princip•l addr•ss KHAIR UL NAS CHARITABLE TRUST 1160903 3 Wetherfiekj Road Birmingham B113HP Trustèès The trustees ar￿ officers serving during the year and sIr￿e the year en¢J *tre as fdlu•VS'. Mr Atsjul KhalK4 (Resgned.. 31 January 20231 Mr Muhammad Rafi 14lr Rizvrdn Ali Akbar Bily" Mr Muhammad Ashraf Mr Wajahat Mioa Ind•pèndent examiners F&W Consultancy ￿"mrted Unrt 2. Firsl Floor 297-303 Edgware Road LorKJon 6NB Bankern Barclays 534 Coventy Road Bimiingham 8100UP 20111 KHAIR UL NAS CfrL4RITABLE TRusr 3d11 KHAIR UL NAS CHARITABLE TRUST Independent Examiners Report to the Trustees For the year ended 31 December 2023 I report lo trustees on my examinatm of the actounts of the charity for the year ended 31 December 2023 Responsibilities and basis of report As the tharity trustees. you are re¥(￿SIble for the preparation of the a￿o￿nts in accordance wth the Tequirements of the Charitres Act 2011 llhe 2011 Adl. I report in respect of my examination of the tharty$ acccyJnts caThie