2022-04-30-accounts - The Sharif Charitable Trust

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Trustees. Annual Report for the period Period start date 01 os Period end dale 30 2021 2022 From To Section A Reference and administration details Charlty name THE SHARIF CHARITABLE TRUST Other names charity is known by Regislered charity number (11 any) 1163984 Charlly's prlnclpal address 137-139 COMMERCIAL ROAD LONDON Postcode E1 1PX Names of the charity truslees who manag8 the charity Dates acted If not for whole Trustee name Offl¢e111 any) Name of person {or body) entit18d toa oint trust88 ifan Shahid Sharif Tahir Sharif Usman Khalid Sharif Section B Structure, overnance and mana ement Description ol Ihe charily's Irusts Trust deed dated 23 May 2014 as amended by deed dated 2 October 2015 Type ol governing document How the charity is constituted Trust Trustee selection methods Appointed by resolution of the existing Trustees TAR March 2012

You may choose to include additional information, where relevant, about.. Structure, Governance and Management The IrLJSt is a registered charity number 1163984 and is constituted under a Trust Deed dated 23 May 2014. The trust was established by the Sharif brothers, in memory of their lather Mr Mohammed Sharif. Subsequently, in July 2017, Mr Khalid Sharif, one of the tounding trustees sadly passed away. policies and procedures adopted for the induction and tralning of Irustees; the charity's organisational structure and any wider network with which the charity works., relationship with any related parties- trustees, consideration of major risks and the system and procedures lo manage them. New trustees ale appointed by the existing trustees by way of resolution passed at a meeting as provided under the 2014 trust deed. The trust deed providès lor a minimum of Iwo and a maximum of seven trustees at any time. Mr Usman Khalid Sharif was appointed as a Trustee in April 2018. There is currently no fomal induction or training lor new trustees, however new Iruslees would be provided with a copy of the trust deed. All decisions made by the trustees are via a simple majority as set out in the trust deed. The trustees hold meetings on a biannual basis lo consider strategy and review the trust's grant making and other objectives. Trustees are required lo disclose all relevanl interests in accordance wilh the Trust's Conflict of Interest Policy and to withdraw from any decisions where a conflict of interest arises. No trustee remuneralion is paid. Risk Management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place lo provide reasonable assurance against fraud and error. Section C Ob"ectives and activities The objects of the trust are lo benefil such charitable purposes or such other registered charities that fall within the law of England and Wales and in such proportions and in such manner and subject to such terms or condilions as the Iruslees in their absolute discretion think fit from time to time. Grants are considered by all trustees on a regular basis throughout the year while having regard to the trust's aims and objectives. Summary of the objects of the charity set oul in its governing documenl Summary ot the maln aclivities undertaken for the public benelit in relation to these oblects (Include wlthln Ihis section Ihe statutory declaration that trustees have had regard to the guldance issued by the Charity Commission on public benefit) The trust regularly supports charities from year to year mostly in humanitarian work, religious and educational activities. In addition, one off grants are supported where the organisation's work is consistent with the trust's aims such as early childhood learning, human care initiative, youth initiatives and religious needs. TAR Marth 2012

Section D Achievements and erformance Summary of the maln achievements of the charity during the year During the year lo 30 April 2022, the trust made donations lo other charitable bodies of £94,500. Applications are made in writing or via email and are considered on an individual case basis. The trust will assess applications by charitable organisations, and these will be considered on their merits in accordance with the Charity's areas of int8rest as outlined in the objectives. The trust has particularly supported Medicines Sans FronlièreslDoclors Without Borders IMSFI. This organisation helps people worldwide where the need is greatest, delivering emergency medical aid to people affected by conflict, epidemics, disasters or exclusion from healthcare. The trust has also supported a youth zone charity for some lime now. This charity works with the young people in deprived areas like Barking and Dagenham and the donation has helped lo keep the youth occupied during the pandemic. The trust has received a positive feedbacks from all the recipients. Section E Financial review The total funds carried forward al the end ol the year, 30 April 2022 were £3,865. The trustees aim to continue with the level ol grants made during the year anlicipaling that the level of donations received will be sufficient to meet the applications. Brlef statement of the charlty's pollcy on reserves Section G Declaration The Irustees declaTe that they have approved the tiustees, report above. Slgned on behall ol the charity's truslees Signature(s) Full name(s) Posltlon leg Secretary, Chair, etc} Shahid Sharif ari Truste8 Chair Date 16 February 2023 TAR March 2012

Recel ts and ayments accounts CC16a For the perlod from To Section A Receipts and payments Unr8striclgd Resiri¢ted lunthB Endowment lunds Total funds Last yéar lolhnDK•itE A1 RÈtel ross irpGDffte A2 Ass8tand invfj¥lrn9nt8¥le8,18eel•bbl. Totglro¢elpis nl kChBWB& Sub tstai W2 4ssth) M AS and Invegtmeni urch seetsble Stsb 9&420 totrec&pt(PBymenls) . iOA20 A6CB5hfunds last y8ar8 14 Cash fttt¥ds fhlsyearend Section B Statement of assets and liabilities al the end of the period UfiT4Strictqd lund$ torwrestt Endowment lunds funds lor£ 81 Cosh lunda TotalcaJh lunds )) unre fund9 Re8lrkted fund$ lo n4t•tE Endtyment fund¥ I)etsils B2 Other monfytarya898ts

Funalowhlch Oetsi19 B3 Investmenio98et8 ZTII 11-1 Fundiuwhlch 00ts115 B4 Al 1Thd iorth& charfty'g own use B5 Llabllhles DnbghaNofaltriI1 SynatUE9 Prfnttkn• Oate of vsl 1612123 rShah¥J Sharfl

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name THE SHARIF CHARITABLE TRUST members of On accounts for the year 30 APRIL 2022 Charity no 1163984 ended (if any) Set out on pages 1 and 2 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30/04/2022. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s 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.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination 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
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Signed: Rita Shah Date: 16 February 2023 Name: RITA SHAH Relevant professional ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS qualification(s) or body (if any):

Oct 2018

IER

Address:

17 BROOKDENE DRIVE, MIDDX, NORTHWOOD, MIDDLESEX, HA6 3NS

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 .

Oct 2018

IER