REGISTERED CHARITY NUMBER: 1165018 REPORT OF THE TRUSTEES AND FINANCIAL sfATEMENTS FOR THE YLIR EI¥DED 5 APRIL 2024 FOR TA YSIR RELIEF FOUNDATION Prestons & Jacksons Partnership LLP 364- 368 Cranbrook Ro*a Ilford Essex IG2 6HY
TAYSIR RELIEF FOUNDATION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2024 Pge Reprlrt of the Trnittts I to 3 Independent EmIller'S Report Statemell¢ of FiDaJltial Aetfvltle8 Bttee Sh¢¢t Notes to tke FIAneh•l S¢t¢meDts 7 to 12 Det#lled Sts¢emeDt of Flx*ll¢l•l Athille• 13
TAYSIR RELIEF FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024 The trustees present their rew1 with the financial statements of the charity for the year ended 5 April 2024. The trustees have adopted the provisions of Accounting and Rep)tting by Charities.. Statem¢nl of Recommended Pra¢ti¢e applicable lo ¢haritie5 preparing theiT accounts in accordan¢e with the Finala] Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effe£tive l January 2019). OBJECTIVES AND A1VITIEs Objectives and aims Bein¥ an inlemalional charity. Taysir Relief Foundtition (TRF) is dedicated to help relieve ATrJ prevent poverty in England, Wales. Somalia and Kenya. The obje¢iives will be achieved by Providing basic needs (food, waler and shelier). education (providing educational centres. educational materiais and help educational providers such &8 teacrs), h¢aithcar¢ (help in medical needs} aTvJ emergency relief (respond to dis&sters). TRF 1$ currently regislered in EnaL Wales and Somali& Du¢ lo donation capacity collected and the project wuested ty the beneficiaries during the year 2023124, focused on assisting communities {minorities) wffhin Somali& W¢ ar¢ extr¢m¢ly 8¢¢ful to OUT donors for continuing to support those in need despiie the ditTi¢uli economic time we are in. Their inspiration81 generosity allowed us io provide blC needs during the month of Ramadhan. assist patients who needed medical att¢ntion. help orphans in their bASiC needs and coniinue to build the community centre in Kisrnayo. During th¢ month of Ramadhan TRF managed w feed those in need in southem Somali& This year particularly TRF focused on feeding orpha. widows, help1$ elderly and PAti¢nts suffering from different conditions. The food pa¢kAges were disiribthed to 150 f4milies' each family consisted of 4 people. Each package ¢onlained 25kg Tice, 25kg wheat flour. 12.5k8 sugar* 5 litres woking oil and 2kg dales Iokg pasler. The packages were given at the beginning of th¢ Month lo cover the whole month of Ramadan. Ai the end of RAmadhan rice wL8 distributed to helpless families from the fitran8lzAknI fitra reived from the donors. The construciion work that began the year 2021122 for the Kismayo community 1¢8rning cenlre was continued. We have managed io complete ihe ground fl£ and the first floor and lh¢ secotKI floor is on the way. Through the generosity of our donors, the ¢ommitmeni and the hard work of OUT leams and volunteers on the ground, we have been able to accomplish many success¢s. ObJe¢tlve8: TRF is committed to contribe in the efforts of ]e¥lating and preventing N)verty and ending the suffering of the minority ¢onmiunities in England. Wale5. Sonjalia and Kenya. In thts respect, TRF seeks to promole SU51ainable social and econornic developmeni exploiting the lIAbOratIOn of local communities while responding to emergerKy situations ay a relief agency regardless of the impacted ¢ommunitys Tace, Teligion or demogrnphic5. Field Intended 4ctlvlties abroad TRF is planning to a1$1 th¢ communities by providing food Aid. clean Water and Sanitatio shelter, heait education, livelihood support and empowerment of vulnerable people while ¢arryin8 Out long terni orphanages. Apart from th¢ f¢¢ding programme during the month of Ramadhan TRF is working on a long tern) water solution rather thth th)rt lerni lSnCe of providing water via water ianks. Our up¢oming project is the continuation of buildinB work of the Rawdha ¢ommunity Centre in Kismayo. The Second floor is on the way after completing the first flr. The project will provide the community with a learning centre (secondw sclK)ol). shops to help fillKI th¢ activities in the ¢¢ntr¢ and a praying hall. Page I
TAYSIR RELIEF FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024 OWECTIVES AND ACTtVlTIFS Publlc benefit When planning activiries for the year, the truslees have complied with their dutie5 under s¢¢tion 17{S) of the 201 I charities Act to have due regard ro guidance published by charity commission'5 on public benefiL This was arhi¢vd by h¢lping those in need according to the obje1Ve. Trustees are satisfied thai the charity meets the Charity COMMI10n,S guidelines both in general a1 in i¢ular by as8iSting those in n¢¢d of basic needs during the month of Ramad. help those needing medical attention and build the learning ¢¢nlrt io provide education for all. This was a¢hieved by ihe funds raised from fundraising in England other paTts ofthe world. ACHIEVEMENT AND PERFORMANCE Cbrit8ble activitie The charity h&$ made all the effort necessary to ensure that all income resources are utilis¢d in 8 be p)$siblc way to achieve the objective of the charity One of the main achievem¢nts of the charity durin8 the fiscal year ending 5th April 2024 was raising funds to feed the needy during the month of Ramadh8n 2023 and 2024. 150 families of 4 p¢ople each including orphans, widows and helpless ¢lderly and patients suffering from different conditions were provided with iftar pkages. The charity continued to carry the construction work of the mMUnIty learning cenlre in Kism&yo. A palient L$s1ed in his medical need. From diagnosis io treathient including provision of continuous monthly maintena¢ medicine. FINANCIAL REVIEW Ruerves poli(y Our financial policy slates that unresrided funds are available for th¢ objects of the charity while restri¢i¢d funds are available only for th¢ pur>SeS designated by the donors. During this fiscal year (202312024) we had tM)th restricted and unrestricted funds in th¢ accounts. (kn overheaits are Minim and Ihe tntee$ are confident they will receive sutTicieni donal108 to Cover these experLses. Golnz ¢oncerD The trustees confirn) they have full support of the donors and local Gomrnunity to opernte for the next twelve rnonths. As a result, the a¢¢ounts have been prepared on a going concern b&%is. sTRUUR& GOVERNANCE AND MANAGEMEI GoverDIDg documtDt Taysir Relief Foundation is a Charilable Incorporated Ckganisation governed by wnslitution and managed by a Board of TteeS comprised of 6 trustees. Re¢rultment and appointmettt of ttew trnlees In the process of c4)mpletin8 a skills &%se$5ment of currenl In¢¢$. once completed the inntiOn 15 lo recruit more tnte¢S bd on dev¢lopment and skills needs of the board. Orginl8*tioDal strn¢thre The charity tru5t¢e$ are responsible for the genernl ntrol aTrJ management of tk charity. Th¢ trlee$ giv¢ their time freely and r¢¢¢tve no remuneration or other financial benefits. Page 2
TAYS]R REUEF FOUNDATION REPORT OF ThE TRusfEFS Rlok We elwty rn110r ¢lltiOnS withNI the b¢o¢fi¢i•ry C4Thll*ry (SotMlia} TPF deliverirtg fimdthg cthnpliancewith Health INI Safty ropir¢nts. 1165018 17 K¢¢b Strwl IGII 7RY MohanKd Mo•lim M(thnxd S4lim Sh&kn¢ Anw¢r P8teL BA(HoM). FCA. BFP 364. 368 Cratsbrook Rwl llf¢rd 102 6HY 0510212025 Apwoved by wder of the ird .......................................... #id its behalf by. oH#ffj&Ls /VlhAM6>uE) ' rfio kL)Mod (YIAktrtOvd
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TAYSIR RELIEF FOUNDATIOF4 IDdependent euminer's report to the trllstees of Taysir Relief Foundation l T¢Wrt to th¢ chatity trustees on my cxaminatlOD of the arunts of Taysir Relief Foundation (Charitsble IncoOrated OrgaDisatiOJI) for the yesr ended 5 April 2024. Responsiblliti¢s and ba51s of rert As the charity Irusiees of the CIO. you T1b1¢ for the iywation of the aco)unts in accordance with the requirements of the Charitics Act 2011 (Ibe Act). I report in respect of my eXamition of the CIO'S accounts urried out under knion 145 of th¢ Act and in Catrying out my examination I have followed all applicable Dire£tions given by the Charity Commission under Section 145(5Xb) of the ACL Jndependent txamln% itaterneDt I have completed my ¢xomination. I confirni that no tnatcrial malters havc Come to my attention in connection with the examination giving m¢ to believe that in any nterIal r¢5Pt. accounting rccor&8 w¢rt not kept in of the CIO as requir)J by Sedion 130 of the Act; or the 0ntS do not acc4)rd with those records,. or the accoullls do not comply with the applicabl¢ requir¢m¢nts ¢oncerrring the forni and contenl of accoun18 y¢¢ out in the Charities (Accounts and ReFs) Regulations 21x18 other than any requiTcmcnt that the aecounts give a tn and fair view which is not a ll¢r ¢onsidered &8 part of an ind¢t I have no concerDS and have come across no other matters in connection with tbe examination lo which attention should be drawn in this rep)rt in otdcr Io ¢Dabk a undcrstsnding of the a¢untS to b¢ reached. Anwer Patel, BA(Hons}. FC& BFP Prestons & Jacksons Partnership LLP 364 . 368 Cranbrwk Road Ilford Essex IG2 6HY Page 4
TAYSIR REUIF FOiJNDATION STATEM OF FINANCIAL A SA24 5.4.23 iNCOME AND ENDOWMEKJ% FROM 14ffj74 IU74 26.683 EXPENDITURE ON Ch•ritsble #cdvhl 1&78B 32J47 Support A¢tiviti¢B 17J13 34,038 Nrf INCOMfJ(EXPENDIITJRK) (&025) OJ4) (7J55) RFLONCILIATION OF FiJNDS Toul ivouobt fmv•Td (W7) (4J71) 2J84 <91) 1701•) (4,971) PAgc 5
TAYSIR RELIEF FOiINDATION BAJANCE SHEET S APRIL 2•24 24 5.4.23 CREDrroRS Amounts fallin8 within onc year (IWS) (10,875) F4ET CURRENr 1710) (4,971) TOTAL A&SETS LESS CURREKr (7JiO (4.971) (7010) (4971) 10 Unreridcd fundi R¢8tricted fillS IW2) l&667) 1.696 (7JlO> (4.971) Th¢ fi o.foy.f2o.. Vrtre apprOd by the Bo•rd of Tr1¢ and autrIsed for i86ue were SiBDed on b¢hf by:
TAYSIR RELIEF FOUNDATION NOTES TO THE FINANCIAL STATEMENrs FOR THE YEAR ENDED 5 APRIL 2024 ACCOiIThNG POLICIES Basis of preratiOn The financial statements of the Charity, which is a public beneftl entity under FRS 102. have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and RerrtTrrting by Charities: StAtemeni of Re¢ornmended Pra¢tic¢ appli¢4bl¢ to ¢hJritie$ preparing th¢ir &counts in accordAnce with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),. Financia] Reporting Standard 102 The Financial Reporting Siondard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the histori1 cost wnvention. Golng Concern At Balan¢e Sheet date. the unrestri¢ied funds w¢re in d¢fi¢it Al £8,692 (2023.. £6.667). This deficit was financed by Kar7£ Hassana {Interest Free Loan3) received from the Community of £IO.000. Since the Balance Sheet date, donations pledged were received which h&8 turned the Foundation into a favorable Frf)Sition. FOT the above reawns, the truse5 confirnied that the Found70n would be in operation for the next tw¢lve months.As a result of thi$. the xcounts hav¢ b¢¢n pr¢p8r¢d on a goin8 wncern b15. ID¢ome All income is recognised in the Statemenl of Ftnanciaj Activilies once the charity ha5 entitlement to the fjjnds. it is probable thar the income will be reiVed and the amount can be measured reliably. Exp¢Ddlture LiAbiliries recognised as expendilure as soo7J as ther¢ is a legal or constrnctive obligation committing the charity lo ihat exFcnditu. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation Can be measured reliably. Exp¢nditur¢ is accounted for ort an acerual$ basis and has been elAs$ified under headings th81 aggregate all cost related to the category. Where costs cannth be directly &ttributed to particular headings they have been allocated lo A¢tivities on a b&sis ¢onsisteni with the use of rtsource& Qrants offered subjecl lo conditions which have ien mei 4t the year end date are noted as a commitment bth not accrued as expThlitUT¢. Txtlon The charity is exempt fTom tsx on its chaTitsble activities. Fund &etOUDtlni Unrestricted funds can be used in aCcOrde with the charitable Obje]YeS at the discretion of the Irustees. Restricted fuThts can only be used for particular restricted PUTpose5 within the objects of the charity. Restri¢tions arise when specified by the donor or when funds are rnised for parti¢uiar r¢stri¢t¢d purposes. Further explanation of the nanut and purpose of each fill is included in the notes to the financial stal¢ments. Page 7 continued...
TAYSIR RELIEF FOUNDATION NOTES TO THE FINANCIAL ST ATEMENTS- continued FOR THE YEAR ENDED 5 APIUL 2024 DONATIONS AND LEGACIES 5.&24 5.4.23 Donations 11674 26,683 CHARABLE A1VITIEs cosrs funding of activities (see notc Direct Costs Support COSLS 4) Totals Charitable Activites Suppon A¢tivili¢s 3r 15.488 15,788 1,725 1,725 15,488 1,725 17,513 GRANTS PAYABLE 5.4.24 5.4.23 Charitable Aciivites 15,488 32.347 Th¢ total grants paid to individuals during the y¢8r w&% as follows: 5.&24 5.4.23 205 775 330 23,153 150 7,939 Water Projects ML%jid Construction Medical help to pr RAmadaan Proj¢cl 9303 15,488 32,347 Page 8 continued...
TAYSIR RELIEF FOUNDATION NOTES TO THE FINANCIAL ST ATEMENTS . tontinned FOR THE YEAR ENDED 5 APRIL 2024 TRUSTEES, REMUNERATIOF4 AND BEI¥EFtTS There were no trustees. remunerntion or other beneffts for the Y ended 5 April 2024 nor for th¢ year ended 5 AprÈl 2023. Trustees, expenses Th¢re were no Irustees, expense5 paid for the year ¢nthd S April 2024 nor for th¢ year ended 5 April 2023. COMPARATIVES FOR THE ATEME1 OF FINANCIAL ACTIVITIES 5.4.23 Unrestricted Restrictrd fund fund Total funds INCOME AND ENDOWMENTS FROM Donaiions and l¢gacics 2.209 24,474 26.683 EXPENDITURE ON Cbarltable icthpltks Charitable Aclivites Support Activities 330 1.691 32.017 32,347 1,691 Total 2.021 32.017 34.038 NET INCOMFJ(EXPENDITURE) 188 (6,941) (7.543) 6,941 (7.355) Tr&nJferJ between fundl Net movement kn fun {6.753} (602) (7,355) RECONCILIATION OF IfuNDS Total furkds brought forward 2,298 2,384 TOTAL FUNDS CARRIED FORWARD (6,667) 1.696 (4.971) Pagc 9 continued...
TAYSIR RELIEF FOUNDATION NOTES TO THE FINAIYCIAL STATEMENTS . contillued FOR THE YEAR ENDED 5 APRIL 2024 KEY MANAGEME PERSONNEL Key Monagement Personnel comprise5 of Board of T1¢¢$. CREDrroRS: AMouNfs FALLING DUE WITHIN ONE YEAR 24 5.4.23 OtheT creditors IOJ75 10,875 ANALYSIS OF NET ASSETS BETWEEN FUNDS 5.4.24 Totsl fimds 5.4.23 Totsl funds Unrestricted Restricted fimd Current as5els Current liabililies 2.183 {ION5) 3.065 (10375> (10,875) (&692) (7010) (4,971) 10. MOVEMEI¥T TN FUNDS Net movement in fjjnds At 514124 At 614r23 UnreJtri¢¢ed funds General fund {6ffj67) (2,025) (8,692) Restricted funds Restricted fund (814) TOTAL FUNDS (4971) {2.839) {7010) Net movement in fvn&8. included in the aLe are follows: Incoming Resources Movement resources expended in funds UDreJtrl¢¢ed General fund {2.025) (2,025) Restricted funds Restricted fimd 14.674 {15.488) (814) TOTAL FUNDS 14,674 (1713) {2,839) Page 10 continued...
TAYSIR RELIEF FOUNDATION NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 5 APRtL 2024 10. MOVEMENT IN FUNDS- eontinued CoDiparatfves for moveme•¢ ID funds N¢t movement in funds Trdnsf¢rs between funds At 514123 At 614122 Unrestricted funds General fund 86 188 (6,941) (6,667) R¢Jtri¢t¢d fvnds Restricted fund 1298 (7.543) 6.941 1,696 TOTAL FUNDS 2.384 (7.355) (4,971) Comparalive net rnovemenl in funds, included ID the abovc art as follows: Incoming Resources Movement resourres expended in funds Unrejtricted fun Genernl fund 2.209 (2.021) 188 R¢Jlrleted foDds Restricted fund 24,474 (32,017) (7,543) TOTAL FUNDS 26,683 (34.038) (7.355) The r¢8trleted It 5th Aprlj 2024: B*1 at 614n3 Income 4ndItre Trinifer at514124 Funds Ramadhan Proje$ 7AkAat medic Proj¢¢ts M&sjid Projects 4.559 1,010 (6.080) 2.219 (205) (2.315) 696 1.510 186 9,106 {9,203) 96 TotAI 1.696 14674 (15.488) Restricled fund carried forward arc for the various Fyoiects related above. Pagell continued...
TAYSIR RELIEF FOUNDATION NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 5 APRIL 2024 11. RKIATED PARTY DISCLOSURES The trnstees dOned £2.500 (2023.. £3,860) durin8 th¢ y¢ar. Pag¢ 12
TAYSIRRELIEF FOUNDATION DETAtLED STATEME OF FLYANCLIL AcrivrriES FOR THE YEAR ENDED 5 APRIL 2024 5.4.24 5.4.23 INCOME AND ENDOWMENTS Dontloni And leg#¢ks Donations 14,674 26,683 Total ineomlng resoure 14.674 26.683 EXPEIYDrriJRE Chart¢able aetivities Mrassa Books Charitabl¢ projects 300 IS488 32,347 IS788 32,347 Support costs MDa%em¢nt Telephone 850 816 Gov¢rnaD¢e costs AccoUntaY and legal fees 875 875 Total resources exrrtnded 17A13 34.038 Net expendire (2039} (7.355) This page does noi form part of the ststutory financial ststements Page 13