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2021-11-25-accounts

Charity No. 1165931

AL-FAIZAAN TRUSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 25 NOVEMBER 2021

AL-FAIZAAN TRUSTEES REPORT AND UNAUDITED ACCOUNTS CONTENTS

Page
Charity information 3
Trustees' report 4-5
Independent examiner's report 6
Income statement 7
Statement of financial position 8
Notes to the accounts 9

AL-FAIZAAN CHARITY INFORMATION FOR THE YEAR ENDED 25 NOVEMBER 2021

Trustees

Mr Razwan Ali – Chair Mr Kamaran Riaz Mr Yasar Munir

Charity Number

1165931

Registered Office Suite 17B Bridgewater House, Surrey Road Nelson Lancashire BB9 7TZ Accountants Tarpon Limited Advantage Business Centre 132-134 Great Ancoats Street Manchester Greater Manchester M4 6DE

AL-FAIZAAN (CHARITY NO: 1165931) TRUSTEES' REPORT

The trustees present their report and accounts for the year ended 25 November 2021.

The Annual Report is fully SORP compliant and sets out how the trustees have met their obligations.

The Financial Statement is fully SORP compliant and includes the incoming resources and resources expended.

Objectives and activities

The relief of financial hardship, either generally or individually, the prevention or relief of poverty anywhere in the world for the Public Benefit by providing or assisting in the provision of education, training, healthcare projects and all the necessary support design to enable individuals to generate a sustainable income and be self- sufficient.

In setting our objectives and planning our activities our Trustees have given careful consideration to the Charity Commission's general guidance on public benefit.

Achievements and performance

The Charity carries out a wide range of activities in pursuance of its charitable aims:

The work of charities is a constant challenge. Back-to-back natural disasters and the ever-increasing mass displacement of people provide a constant reminder of how much the quality of humanity is needed. This year we have, through the generosity of our donors, been able to reach many thousands of individuals desperately in need of food, hygiene, shelter, medicine and empowerment. We have been successful in providing clean water in the Sindh area of Pakistan, Ghana, Uganda by way of installing water pumps, water wells. Thousands of families have benefitted from our food packs distribution, providing food, hot meals. Our Rozgar project has benefited individuals to generate sustainable income and be self-sufficient.

Structure, governance and management

The Charity is regulated by constitution dated February 2017. The Charity is run wholly on a voluntarily basis.

Appointment of charity trustees

Every trustee must be appointed by a resolution past at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to skills, knowledge and experience needed for the effective administration of the CIO.

Reference and administrative details

See preceding page under 'Charity Information'.

Names of the charity trustees who manage the charity

All trustees are named on the preceding page under 'Charity Information'.

AL-FAIZAAN

Financial review and reserves policy

Funds available are sufficient to permit the charity to continue in operation in the medium to long term, together with the continued support from the donors.

Our aim is to distribute funds as soon as possible in line with the objectives of the charity. There are no uncertainties about the charity continuing as a going concern.

The Trustees actively review all major risks which the Charity faces and drawn up a risk assessment which is reviewed at every meeting. The Trustees are satisfied that all systems are in place and arrangement have been made to manage any risks identified.

The Trustees would like to thank all those who assisted us with their moral and financial support and trust they continue to do so.

Statement of Trustee’s responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that period in preparing these financial statements, the trustees are required to:-

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of the financial statements.

Signed on behalf of the trustees

............................................................................

Mr Razwan Ali – Chair Trustee

Approved by the trustees on: 11 January 2022

AL-FAIZAAN INDEPENDENT EXAMINER'S REPORT

We report to the trustees on my examination of the accounts of the above charity for the year ended 25 November 2021.

Respective Responsibilities of trustees and examiner

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

We report in respect of my examination of the Al-Faizaan’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 examiner’s statement

The charity’s gross income exceeded £250,000 and we are qualified to undertake the examination by being a qualified member accountant of one of the prescribed bodies.

We have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• 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.

We 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.

Michael Rowe – Chartered Public Accountant (CPFA)

Tarpon Limited

Advantage Business Centre 132-134 Great Ancoats Street Manchester Greater Manchester M4 6DE

11 January 2022

AL-FAIZAAN INCOME STATEMENT FOR THE YEAR ENDED 25 NOVEMBER 2021

Charitable donations
Expenses
Charitable activities
Quran distribution
Clean water project
Masjid projects
Orphanage
Food bank project
Ramadhan food packs distribution
Yearly qurbani
Hot food distribution
Zakat distribution
Ambulance purchase
Livelihood project
Clothes distribution
Refugee project
Net surplus for the year		 2021
£
871,439
6,695
248,376
63,414
30,322
7,511
160,054
109,448
14,500
50,134
-
35,018
35,251
84,933
25,783		 2020
£
261,469
11,000.
116,289.
11,000.
14,106.
4,363.
29,183.
13,112.
13,520.
30,350.
5,200.
-
-
-.
13,346

AL-FAIZAAN STATEMENT OF FINANCIAL POSITION AS AT 25 NOVEMBER 2021

Current assets
Notes
Cash at bank and in hand
Net current assets
Net assets
Charity funds
Unrestricted funds
Total funds		 2021
£
39,791
39,791
39,791
39,791
39,791		 2020
£
14,008
14,008
14,008
14,008
14,008

The financial statements were approved by the Trustees and authorised for issue on 11 January 2022 and were signed on its behalf by

Mr Razwan Ali – Chair Trutee

Charity Registration No. 1165931

AL-FAIZAAN NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 25 NOVEMBER 2021

1 Statutory information

AL-FAIZAAN is a charity with the number 1165931. The registered office is Suite 17B, Bridgewater House, Surrey Road, Nelson, Lancashire, BB9 7TZ.

2 Compliance with accounting standards

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective from 01 January 2019) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

3 Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Basis of preparation

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Presentation currency

The accounts are presented in £ sterling.

4 Average number of employees/Trustee remuneration

During the year the average number of employees was 0 (2020: 0).

No trustees, nor any persons connected with them have received any remunerations from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year.