**Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2024** Charity Assist Accountants Ltd Certified Public Accountants and Charity Independent Examiners Unit 27 Batley Enterprise Centre 513 Bradford Road Batley West Yorkshire WF17 8LL 1 **Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2024** |**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 – 14| 2 **Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2024** ## **Basic information** ## **Address** Madni Welfare Foundation (MWF UK) 12 Devon Walk Dewsbury 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 3 **Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2024** ## **Trustees’ annual report (including Directors’ report) for the period** ## **From: 1[st] October 2023 To: 30[th] September 2024** **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 2024** 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 was able to raise funds which they
used to fund their charitable activities. The
charity was able to send grants to India.| |---|---|---| ## **Financial review** **----- Start of picture text -----**
Review of the charity’s Para 1.21 The charity is showing a surplus on the movement
financial position at the in funds.
end of the period
Statement explaining the Para 1.22 It’s the charity policy to hold £5,000 in reserve to be
policy for holding reserves able to cover any emergency expense or
stating why they are held unexpected cost and to cover running costs when
the income is low.
Amount of reserves held Para 1.22 £5,000
**----- End of picture text -----**
5 **Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2024** ## **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.| 6 **Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2024** ## **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** |1
2
3|**Trustee name**|**Office (if any)**|**Dates acted if**
**not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**| |---|---|---|---|---| ||Mohmed Afroz Ashrafi|Chairman/Trustee||| ||Khalid Ahmed Patel|Director/Trustee||| ||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** **The company has taken advantage of the small companies’ exemption in preparing the report above.** **The trustees declare that they have approved the trustees’ report (including directors’ report) above.** **Signed on behalf of the charity’s trustees/directors** **----- Start of picture text -----**
Signature(s)
Full name(s) Mohmed Afroz Ashrafi
Position (for example
Secretary, Chair, etc)
Date
05/06/2025
**----- End of picture text -----**
7 **Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2024** 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 2024 **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 **30/09/2024** . **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 8 Madni Welfare Foundation (MWF UIQ Income and Expenditure Accounts for the year ended 30th September 2024 connectlon wSth the 8X8mlnalh)n to which attent￿n shoukl be drawn In thls report in order to enable a proper understandlng of the accounts to b8 reached. Slgned: Namo: Mr A Q Khan FMA4T FCPA Relevant professlonal quallficatlonls) or body (If anyl: FMAAT FCPA Addro••: Unlt 27. B8tley Enlerpdse Centrn 513 Bradford Road Batley WF17 8LL |**Income and**|**Madni Welfare Foundation (MWF UK)**
**Expenditure Accounts for theyear ended 30th September 2024**|**Madni Welfare Foundation (MWF UK)**
**Expenditure Accounts for theyear ended 30th September 2024**|**Madni Welfare Foundation (MWF UK)**
**Expenditure Accounts for theyear ended 30th September 2024**|**Madni Welfare Foundation (MWF UK)**
**Expenditure Accounts for theyear ended 30th September 2024**|**Madni Welfare Foundation (MWF UK)**
**Expenditure Accounts for theyear ended 30th September 2024**|**Madni Welfare Foundation (MWF UK)**
**Expenditure Accounts for theyear ended 30th September 2024**| |---|---|---|---|---|---|---| ||Charity Name Madni
Welfare Foundation(MWF UK)||CharityNo|1163472||| ||||CompanyNo|9763658||| ||**Annual accounts for the period**|||||| ||Period start date|**1.10.2023**|**To**|Period end
date|**30.09.2024**|| ## **Section A Statement of financial activities (including summary income and expenditure account)** |Guidance Note
S01
S02
S03
S04
S05
S06
S07
**Expenditure (Notes 6)**
**Expenditure on:**
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on
investments
S16
S17
**Extraordinary items**
S18
S19
S20
Other gains/(losses)
S21
S22
**_Reconciliation of_**
**_funds:_**
S23
S24
Other trading activities
Charitable activities
Raising funds
Separate material item of income
Other
Other
**Income (Note 3)**
**Income and endowments from:**
Investments
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax**
**before investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
Gains and losses on revaluation of fixed assets for the
charity’s ow n use
Charitable activities
Separate material expense item
Total funds brought forw ard
**_Net movement in funds_**
**Other recognised** **gains/(losses):**
**Net income/(expenditure) before tax**
**for the reporting period**
**_Total_**
**Recommended categories by activity**
Donations and legacies|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
**£**
F01
F02
F03
F04|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
**£**
F01
F02
F03
F04|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
**£**
F01
F02
F03
F04|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
**£**
F01
F02
F03
F04|**Prior year**
**funds**
**£**
F05| |---|---|---|---|---|---| ||33,072|-|-|33,072|18,028| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||33,072|-|-|33,072|18,028| ||||||| ||-|-|-|-|| ||14,325|-|-|14,325|49,382| ||-|-|-||-| ||-|-|-|-|-| ||14,325|-|-|14,325|49,382| ||||||| ||18,748|-|-|18,748|31,354
-| ||-|-|-|-|-| ||18,748|-|-|18,748|31,354
-| ||-|-|-|-|-| ||18,748|-|-|18,748|31,354
-| ||-|-|-|-|| ||-|-|-|-|-| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||18,748|-|-|18,748|31,354
-| ||||||| ||9,465|-|-|9,465|40,818| ||10
28,213|-|-|28,213|9,464| 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 2024** ## **Section B Balance sheet** |Guidance Note
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 14)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 18)**
B06
**Debtors (Note 19)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
**Creditors: amounts falling due**
**within one year (Note 20)**
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**Creditors: amounts falling due**
**after one year (Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds (Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22|**Unrestricted**
**funds**
**£**
F01|
**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|
**Total this**
**year**
**£**
F04|**Total last**
**year**
**£**
F05| |---|---|---|---|---|---| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||||||| ||-|-|-|-|-| ||6,600|-|-|6,600|7,691| ||-|-|-|-|-| ||23,413|-|-|23,413|4,274| ||30,013|-|-|30,013|11,965| ||||||| ||1,800|-|-|1,800|2,500| ||||||| ||28,213|-|-|28,213|9,465| ||||||| ||28,213|-|**-**|28,213|9,465| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||||||| ||28,213|-|-|28,213|9,465| ||||||| ||-||-|-|-| |||-|-|-|-| ||28,213|||28,213|9,465| |||||-|| ||||||| ||28,213|-|-|28,213|9,465| _**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.**_ |Signed by one or two trustees/directors on behalf of all the
trustees/directors
Signature of director authenticating accounts being sent to
Companies House|Print Name|Date of
approval
dd/mm/yyyy| |---|---|---| ||Mohmed Afroz Ashrafi|05/06/2025| |||| |||| ||Signature|Date
dd/mm/yyyy| |||05/06/2025| |||| 11 **Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2024** **Section C Notes to the accounts (cont)** **Note 3 Income** |**Donations**
**and**
**legacies:**|**Unrestricte**
**d funds**
**Restricted**
**income**
**funds**
**Endowmen**
**t funds**
**Analysis of income**|**Unrestricte**
**d funds**
**Restricted**
**income**
**funds**
**Endowmen**
**t funds**
**Analysis of income**|**Unrestricte**
**d funds**
**Restricted**
**income**
**funds**
**Endowmen**
**t funds**
**Analysis of income**|**Unrestricte**
**d funds**
**Restricted**
**income**
**funds**
**Endowmen**
**t funds**
**Analysis of income**|**Total funds**
**Prior year**
**£**
**£**|**Total funds**
**Prior year**
**£**
**£**| |---|---|---|---|---|---|---| ||Donations and gifts|28,783|-|-|28,783|18,028| ||Gift Aid|4,289|-|-|4,289|| ||Legacies|-|-|-|-|-| ||General grants provided by
government/other charities|-|-|-|-|-| ||Membership subscriptions and
sponsorships which are in substance
donations|-|-|-|-|| ||Donatedgoods,facilities and services|-|-|-|-|-| ||Other|-|-|-|-|| ||**Total**|33,072|-|-|33,072|18,028| |**Section C**|**Notes to the accounts (cont)**|**Notes to the accounts (cont)**|**Notes to the accounts (cont)**|**Notes to the accounts (cont)**|**Notes to the accounts (cont)**|**Notes to the accounts (cont)**| |---|---|---|---|---|---|---| |**Note 6**
**Expenditure on**
**charitable**
**activities**|**Expenditure**
**Analysis of expenditure**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowmen**
**t funds**
**Total funds**
**Prior year**
**£**
**£**||||| |||||||| ||Accountancy fees|618|-|-|618|725| ||Annual return|225|||225|125| ||Data protection|35|||35|35| ||Independent Examination|425|||425|| ||Donation|522|-|-|522|| ||Madni Islamic ST|10,000|||10,000|48,383| ||Printing, postage and stationery|2,500|||2,500|114| ||**Total expenditure on charitable**
**activities**|14,325|-|-|14,325|49,382| 12 **Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2024** **Section C Notes to the accounts 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).**_ **This year Last year £ £ Independent examiner’s fees** 425 **Assurance services other than independent examination Tax advisory fees Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner** ## **Section C Notes to the accounts (cont)** ## **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**
**£**| |---|---|---| ||-|-| ||6,600|7,691.2| ||-|-| ||6,600|7,691.2| 13 **Madni Welfare Foundation (MWF UK) Income and Expenditure Accounts for the year ended 30[th] September 2024** ## **Section C Notes to the accounts (cont)** ## **Note 20 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ ## **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**|**Amounts falling due**
**within one year**
**Amounts falling due**
**after more than one**
**year**|**Amounts falling due**
**within one year**
**Amounts falling due**
**after more than one**
**year**|**Amounts falling due**
**within one year**
**Amounts falling due**
**after more than one**
**year**| |---|---|---|---|---| ||**This year**
**Last year**
**This year**
**Last year**|||| ||**£**
**£**
**£**
**£**|||| ||- -
- -|||| ||- - - -|||| ||- -
- -|||| ||- -
- -|||| ||1,800
2,500
- -|||| ||- -
- -|||| ||- - - -|||| ||1,800|2,500|-|
-| ## **Section C Notes to the accounts (cont)** **Note 24 Cash at bank and in hand** |**Short term cash**
**investments (less than 3**
**months maturity date)**
**Short term deposits**
**Cash at bank and on**
**hand**
**Other**
**Total**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---| ||-
-|| ||-
-|| ||23,413
4,274|| ||-
-|| ||23,413|4,274| 14