| Names and addresses | ofadvisers | (Optional | information) | |||
|---|---|---|---|---|---|---|
| T pe ofadviser | Name | Address | ||||
| Accountant | At-Tariq | Limited | Suite 121,The Old Bus Garage, Harbome | Lane, | ||
| Birmingham. | B296SN | |||||
| Name ofchief executive | or names | ofsenior | staff members | (Optional | information) |
| In the Trustees' view, the reserves should provide the charity |
with | |||||
|---|---|---|---|---|---|---|
| Brief statement | ofthe | adequate financial stability and the means for it to meet its charitable |
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| charity's policy |
on reserves | objectives for the foreseeable future. |
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| The trustees propose to maintain the charity's reserves ata level which is |
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| at least equivalent to six months operational expenditure, and have done |
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| so having regards to its manner of operation of likely funding streams. |
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| The trustees review the amount of reserves that are required to ensure |
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| that they are adequate to fulfil the charity's continuing obligations |
on a | |||||
| quarterly basis at their finance meeting. |
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| Details ofany funds | materially | |||||
| in | deficit | |||||
| Further financial | review details | (Optional information) |
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| You may choose to additional information, |
include where |
The charity's principal sources of funds are through the generous donations made by; |
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| relevant about: ~ the charity's |
principal | i) the graduates of Dow Medical College, Karachi, Pakistan. The diaspora resident in the LIK, Europe, North America and the |
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| sources offunds (including | Middle East. | |||||
| any fundraising); | ii) the general public. |
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| ~ | how expenditure has supported the key objectives ofthe charity; |
iii) Gift Aid donation tax credits. The charity has registered charity status with HM Revenue 8,Customs (HMRC), enabling it to claim tax credits on donations received from individual UK resident taxpayers, under the Gift Aid scheme. |
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| ~ | investment policy |
and | ||||
| objectives including | any | These are an additional source offunding for the charity. |
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| ethical investment | policy | |||||
| adopted. | The fifth Gift Aid tax credit claim amounting to F826 for the year to |
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| 30/04/2021 has recently been submitted to HM Revenue 8 |
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| Customs (HMRC). |
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| The charity granted funds totalling F8,150 in the year under review. |
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| These funds provided financial support to specific projects and |
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| beneficiaries resident in Pakistan, enabling the charity to fulfil its |
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| objectives. | ||||||
| No expenditure (with the exception of bank charges ofF30)were incurred |
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| by the charity in the year under review, as time and resources were rovided to the chadit on a volunta basis. |
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| - | ||||||
| ~ ~ ~ ~ ~ ~ |
| ~ | ~ ~ | ~ e |
~ | ~ ~ | |||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestdicted | Restricted | Endowment | |||||||
| Categories | Details | funds to nearest a |
funds tonearest f |
funds to nearest e |
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| B1Cash | funds | Cash at bank | 2,917 | ||||||
| Total cash fvnds | 2,81'7 | ||||||||
| (agrcc balances wlh rccatpls acd payments | |||||||||
| acccucr(c)) | |||||||||
| unrestricted | Restricted | Endowment | |||||||
| funds | funds | funds | |||||||
| Details | to nearest a | to nearest a | to nearest k | ||||||
| B2Other | monetary assets | HMRC Gill Aid | lax credits | ||||||
| Details | Fund to which asset baton s |
Cost (optional) | Current value optional) |
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| B3Investment | assets | ||||||||
| Details | Fund to which asset baton s |
Cost (optional) | Currant value o tional |
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| B4Assets retained for the | |||||||||
| charity's | own | use | |||||||
| Fund to which | Amount due | When duc | |||||||
| lDetaiis | liabil relates |
o tional | o tional | ||||||
| B5Liabilities | |||||||||
| Signed by one or two trustees on behalf ofall the trustees |
5ignature | Name | Date of a rove) |
||||||
| Dr. imran | Ghan | hro | 19/07/2021 |