2021-09-30-accounts - Madni Welfare Foundation (Mwf UK)

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Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021

Charity Assist Accountants Ltd

Certified Public Accountants and Charity Independent Examiners

Unit 27 Batley Enterprise Centre

513 Bradford Road Batley West Yorkshire

WF17 8LL

Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021

Contents	Page
Basic information	3
Trustees annual report	4 – 7
Independent examiners report	8 – 9
Income and expenditure accounts	10 – 11
Notes to the accounts	12 – 15

Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021

Basic information

Address

Madni Welfare Foundation (MWF UK)

12 Devon Walk

Dewsbury West Yorkshire

WF13 2TL

Bank

NatWest Bank

2 Northgate

Dewsbury WF13 1EA

Accountants

Charity Assist Accountants Ltd Unit 27 Batley Enterprise Centre

Batley

WF17 8LL

Charity Registration No.

1163472

Company No.

09763658

Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021

Trustees’ annual report (including Directors’ report) for the period

From: 1[st] October 2020 To: 30[th] September 2021

Charity name: Madni Welfare Foundation (MWF UK)

Charity registration number: 1163472

Company number: 09763658

Objectives and activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	1. To relieve sickness and to promote and protect good health; 2. To relieve financial hardship; 3. To advance education; 4. The relief and assistance of people in any part of the world who are the victims of war or natural disaster, trouble, or catastrophe.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	The main activities of the charity have been collecting donations in the UK.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Directors are responsible for preparing the Directors Annual Report and the Financial Statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the Directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). In preparing the financial statements, the directors are required to: • Select suitable accounting policies and then apply them consistently; • Make judgements and estimates that are reasonable and prudent; • Prepare the financial statements on the goingconcern basis unless it is
		4

Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021

inappropriate to presume that the charity will continue in operation. The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with Companies Act 2006 and the Statement of Recommended Practice, Accounting and Reporting by Charities (FRS102). The directors 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. In accordance with company law, as the company’s directors, we certify that: • So far as we are aware, there is no relevant audit information of which the company’s auditors are unaware; and • As directors of the company, we have taken all steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.

Achievements and performance

Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The charity has continued to raise funds from the public and provided a grant to an education facility which will help the smooth running of said facility and the advancement of education.

Financial review

Financial review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity is showing a surplus on the movement in funds.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	It’s the charity policy to hold £5,000 in reserve to be able to cover any emergency expense or unexpected cost and to cover running costs when the income is low.
Amount of reserves held	Para 1.22	£5,000

Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021

Structure, governance and management

Description of charity’s trusts:
Type of governing document: for example, trust deed, memorandum and articles of association etc	Para 1.25	Memorandum and articles incorporated on 4th of September 2015
How is the charity constituted? for example limited company, unincorporated association, CIO	Para 1.25	Madni Welfare Foundation (MWF UK) is a private limited company by guarantee without share capital use of 'Limited' exemption It is registered as a standard unincorporated charity with the Charity Commission.
Director selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more directors	Para 1.25	The charity may by ordinary resolution appoint a person who is willing to act to be a director.

Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021

Reference and administrative details

Charity name Madni Welfare Foundation (MWF UK) Other name the charity uses Registered charity number 1163472 Charity’s principal address 12 Devon Walk Dewsbury West Yorkshire WF13 2TL

Names of the charity trustees who manage the charity

Dates acted if Name of person (or body) entitled Trustee name Office (if any) not for whole to appoint trustee (if any) year Chairman/Trustee 1[Mr Mohmed Afroz ] Ashrafi 2 Khalid Ahmed Patel Director/Trustee 3 Mr Faruk Ali Wadia Director/ Trustee

– Corporate trustees names of the directors at the date the report was approved Director name

Faruk Ali Wadia Khalid Ahmed Patel

Declarations

Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021

Independent examiner's report on the accounts

Section A Independent Examiner’s Report Report to the Madni Welfare Foundation (MWF UK) trustees/directors/ members of On accounts for the year 30[th] September 2021 ended Charity no.: 1163472 Company no.: 09763658

Set out on pages 10 – 11

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30/09/2021 .

Responsibilities and As the charity’s trustees of the Company (who are also the directors of the basis of report company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent examiner's I have completed my examination. I confirm that no material matters have statement come to my attention which gives me cause to believe that: • accounting records were not kept in accordance with section 386 of the Companies Act 2006; or

the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
•the accounts have not been prepared in accordance with the Charities SORP (FRS102).

I have no concerns and have come across no other matters in

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Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021

Charity Name Madni WelfareFoundation(MWFUK)	Charity Name Madni WelfareFoundation(MWFUK)	CharityNo	1163472	1163472
		CompanyNo	9763658
Annual accounts for the period
Period start date	1.10.2020	To	Period end date	30.9.2021

Section A Statement of financial activities (including summary income and expenditure account)

Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05
74,023	-	-	74,023	48,967
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
74,023	-	-	74,023	48,967

54	-	-	54	18
59,700	-	-	59,700	142,524
-	-	-		-
-	-	-	-	-
59,754	-	-	59,754	142,542

14,269	-	-	14,269	93,575 -
-	-	-	-	-
14,269	-	-	14,269	93,575 -
-	-	-	-	-
14,269	-	-	14,269	93,575 -
-	-	-	-
-	-	-	-	-

-	-	-	-	-
-	-	-	-	-
14,269	-	-	14,269	93,575 -

15,273	-	-	15,273	108,848
29,542	-	-	29,542	15,273

Charity Name Madni Charity No 1163472 Welfare Foundation (MWF UK) Company No 9763658

Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021

Section B Balance sheet

Unrestricted funds £ F01	Restricted income funds £ F02	Endowment funds Total this year £ £ F03 F04	Endowment funds Total this year £ £ F03 F04	Total last year £ F05
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

-	-	-	-	-
3,000	-	-	3,000	3,000
-	-	-	-	-
27,767	-	-	27,767	13,448
30,767	-	-	30,767	16,448

1,225	-	-	1,225	1,175

29,542	-	-	29,542	15,273

29,542	-	-	29,542	15,273

-	-	-	-	-
-	-	-	-	-

29,542	-	-	29,542	15,273

-		-	-	-
	-	-	-	-
29,542			29,542 -	15,273


29,542	-	-	29,542	15,273

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

Signature of director authenticating accounts being sent to Companies House Signed by one or two trustees/directors on behalf of all the trustees/directors	Print Name	Date of approval dd/mm/yyyy
	Mohmed Afroz Iqbal Ashrafi	16/06/2022


	Signature	Date dd/mm/yyyy
		16/06/2022
		Print name

Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021 Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

• and with • and with	✓	the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
	✓

and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.*

✓

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that The charity shows a surplus of the movement from support the conclusion that the charity is a consecutive years. going concern;

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.

in note { }.
Yes No	✓	* -Tick as appropriate
	✓

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

Yes No	✓	* -Tick as appropriate
	✓

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).

Yes ✓ No ✓

Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021

Note 3 Income

Unrestricte d funds Restricted income funds Endowmen t funds Total funds Prior year £ £ Donations and gifts 69,797- -69,797 43,976 Gift Aid 4,226- -4,226 4,991 Legacies - - - - - General grants provided by government/other charities - - - - - Membership subscriptions and sponsorships which are in substance donations - - - - Donatedgoods,facilities and services - - - - - Other - - - - Total 74,023 - - 74,023 48,967 74,023- -74,023 48,967 Analysis of income Donations and legacies: TOTAL INCOME Unrestricted funds Restricted income funds Endowmen t funds Total funds Prior year £ £ 54- -54 18 - - - - - 54 - - 54 18 825- -825 825 150 150 35 35 1,142 1,142 2,022 250- -250- 57,298 57,298 139,677 59,700 - -59,700 142,524 59,754 - - 59,754 142,542 Expenditure on raising funds: Incurred seeking legacies Incurred seekingdonations Note 6 Expenditure TOTAL EXPENDITURE Total expenditure on raising funds Expenditure on charitable activities Total expenditure on charitable activities Analysis of expenditure Accountancy fees Governance and administration Madni Islamic ST Annual return Data protection Independent examination	Unrestricte d funds Restricted income funds Endowmen t funds Total funds Prior year £ £ Donations and gifts 69,797- -69,797 43,976 Gift Aid 4,226- -4,226 4,991 Legacies - - - - - General grants provided by government/other charities - - - - - Membership subscriptions and sponsorships which are in substance donations - - - - Donatedgoods,facilities and services - - - - - Other - - - - Total 74,023 - - 74,023 48,967 74,023- -74,023 48,967 Analysis of income Donations and legacies: TOTAL INCOME Unrestricted funds Restricted income funds Endowmen t funds Total funds Prior year £ £ 54- -54 18 - - - - - 54 - - 54 18 825- -825 825 150 150 35 35 1,142 1,142 2,022 250- -250- 57,298 57,298 139,677 59,700 - -59,700 142,524 59,754 - - 59,754 142,542 Expenditure on raising funds: Incurred seeking legacies Incurred seekingdonations Note 6 Expenditure TOTAL EXPENDITURE Total expenditure on raising funds Expenditure on charitable activities Total expenditure on charitable activities Analysis of expenditure Accountancy fees Governance and administration Madni Islamic ST Annual return Data protection Independent examination	Unrestricte d funds Restricted income funds Endowmen t funds Total funds Prior year £ £ Donations and gifts 69,797- -69,797 43,976 Gift Aid 4,226- -4,226 4,991 Legacies - - - - - General grants provided by government/other charities - - - - - Membership subscriptions and sponsorships which are in substance donations - - - - Donatedgoods,facilities and services - - - - - Other - - - - Total 74,023 - - 74,023 48,967 74,023- -74,023 48,967 Analysis of income Donations and legacies: TOTAL INCOME Unrestricted funds Restricted income funds Endowmen t funds Total funds Prior year £ £ 54- -54 18 - - - - - 54 - - 54 18 825- -825 825 150 150 35 35 1,142 1,142 2,022 250- -250- 57,298 57,298 139,677 59,700 - -59,700 142,524 59,754 - - 59,754 142,542 Expenditure on raising funds: Incurred seeking legacies Incurred seekingdonations Note 6 Expenditure TOTAL EXPENDITURE Total expenditure on raising funds Expenditure on charitable activities Total expenditure on charitable activities Analysis of expenditure Accountancy fees Governance and administration Madni Islamic ST Annual return Data protection Independent examination	Unrestricte d funds Restricted income funds Endowmen t funds Total funds Prior year £ £ Donations and gifts 69,797- -69,797 43,976 Gift Aid 4,226- -4,226 4,991 Legacies - - - - - General grants provided by government/other charities - - - - - Membership subscriptions and sponsorships which are in substance donations - - - - Donatedgoods,facilities and services - - - - - Other - - - - Total 74,023 - - 74,023 48,967 74,023- -74,023 48,967 Analysis of income Donations and legacies: TOTAL INCOME Unrestricted funds Restricted income funds Endowmen t funds Total funds Prior year £ £ 54- -54 18 - - - - - 54 - - 54 18 825- -825 825 150 150 35 35 1,142 1,142 2,022 250- -250- 57,298 57,298 139,677 59,700 - -59,700 142,524 59,754 - - 59,754 142,542 Expenditure on raising funds: Incurred seeking legacies Incurred seekingdonations Note 6 Expenditure TOTAL EXPENDITURE Total expenditure on raising funds Expenditure on charitable activities Total expenditure on charitable activities Analysis of expenditure Accountancy fees Governance and administration Madni Islamic ST Annual return Data protection Independent examination	Unrestricte d funds Restricted income funds Endowmen t funds Total funds Prior year £ £ Donations and gifts 69,797- -69,797 43,976 Gift Aid 4,226- -4,226 4,991 Legacies - - - - - General grants provided by government/other charities - - - - - Membership subscriptions and sponsorships which are in substance donations - - - - Donatedgoods,facilities and services - - - - - Other - - - - Total 74,023 - - 74,023 48,967 74,023- -74,023 48,967 Analysis of income Donations and legacies: TOTAL INCOME Unrestricted funds Restricted income funds Endowmen t funds Total funds Prior year £ £ 54- -54 18 - - - - - 54 - - 54 18 825- -825 825 150 150 35 35 1,142 1,142 2,022 250- -250- 57,298 57,298 139,677 59,700 - -59,700 142,524 59,754 - - 59,754 142,542 Expenditure on raising funds: Incurred seeking legacies Incurred seekingdonations Note 6 Expenditure TOTAL EXPENDITURE Total expenditure on raising funds Expenditure on charitable activities Total expenditure on charitable activities Analysis of expenditure Accountancy fees Governance and administration Madni Islamic ST Annual return Data protection Independent examination	Unrestricte d funds Restricted income funds Endowmen t funds Total funds Prior year £ £ Donations and gifts 69,797- -69,797 43,976 Gift Aid 4,226- -4,226 4,991 Legacies - - - - - General grants provided by government/other charities - - - - - Membership subscriptions and sponsorships which are in substance donations - - - - Donatedgoods,facilities and services - - - - - Other - - - - Total 74,023 - - 74,023 48,967 74,023- -74,023 48,967 Analysis of income Donations and legacies: TOTAL INCOME Unrestricted funds Restricted income funds Endowmen t funds Total funds Prior year £ £ 54- -54 18 - - - - - 54 - - 54 18 825- -825 825 150 150 35 35 1,142 1,142 2,022 250- -250- 57,298 57,298 139,677 59,700 - -59,700 142,524 59,754 - - 59,754 142,542 Expenditure on raising funds: Incurred seeking legacies Incurred seekingdonations Note 6 Expenditure TOTAL EXPENDITURE Total expenditure on raising funds Expenditure on charitable activities Total expenditure on charitable activities Analysis of expenditure Accountancy fees Governance and administration Madni Islamic ST Annual return Data protection Independent examination
Incurred seekingdonations	54	-	-	54	18
Incurred seeking legacies	-	-	-	-	-
Total expenditure on raising funds	54	-	-	54	18

Accountancy fees	825	-	-	825	825
Annual return	150			150
Data protection	35			35
Governance and administration	1,142			1,142	2,022
Independent examination	250	-	-	250	-
Madni Islamic ST	57,298			57,298	139,677
Total expenditure on charitable activities	59,700	-	-	59,700	142,524

	59,754	-	-	59,754	142,542

Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021

Note 10 Details of certain types of expenditure

Note 10.1 Fees for examination of the accounts
*Please provide details of the amount paid for any statutory external scrutiny of* *accounts and other services provided by your independent examiner. If* *nothing was paid please enter '0' in the appropriate box(es).*
	Thisyear	Lastyear
	£	£
Independent examiner’s fees	250	250
Assurance services other than independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

19.1 Analysis of debtors

Total Trade debtors Prepayments and accrued income Other debtors	This year £	Last year £
	-	-
	3,000	3,000.0
	-	-
	3,000	3,000.0

Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2021

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

20.1 Analysis of creditors
Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors Total	Amounts falling due within one year		Amounts falling due after more than one year
	This year £	Last year £	This year £	Last year £
	-	-	-	-
	-	-	-	-
	-	-	-	-
	-	-	-	-
	1,225	1,175	-	-
	-	-	-	-
	-	-	-	-
	1,225	1,175	-	-