Charity Number: 1168078
## Professional Education Foundation UK
Report and financial statements For the year ended 31 December 2021
Doc ID: 7e81aa74aa69ebb89b047821758364f4fb292eb6
## Professional Education Foundation UK Reference and administration information
Charity number
1168078
Registered office and operational address
27 Station Road Wraysbury Staines-upon-Thames TW19 5ND
Trustees
Trustees who served during the year and up to the date of this report were as follows:
Hafiz Haq Chair Amir Mashkoor Naseem Amin Sumiya Qureshi
Key management personnel
The trustees
Bankers
Lloyds Bank 25 Gresham Street London EC2V 7HN
Independent Examiner
Patrick Morrello ACA Third Sector Accountancy Limited Holyoake House Hanover Street Manchester M60 0AS
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## **Trustees’ Annual Report for the period**
**From 1[st] Jan 2021 To 31[st] Dec 2021**
## **Charity name: Professional Education Foundation UK**
## **Charity registration number: 1168078**
## **Objectives and Activities**
|**Objectives and Activities**|**Objectives and Activities**|**Objectives and Activities**|
|---|---|---|
|SORP reference|||
|Summary of the purposes of
the charity as set out in its
governing document
Para 1.17
**Poverty Alleviation through professional**
**Education**|||
|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
**Paying the education cost of the poor**
**professional students, who have gotten**
**and admission in a professional college**
**but can’s pay their fees for next 4-5**
**years**|||
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Yes**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
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## **Achievements and Performance**
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SORP reference
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|**Achievements and Performance**|**Achievements and Performance**|**Achievements and Performance**|
|---|---|---|
|SORP reference|||
||||
|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|**Professional Education Foundation UK**
**funded the education costs of 197**
**professional students studying**
**medicine, engineering and IT thereby**
**helping them to stand on their own feet**
**and support their families**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
||||
|Achievements against
objectives set
Para 1.41|||
|Performance of fundraising
activities against objectives
set
Para 1.41|||
|Investment performance
against objectives
Para 1.41|||
|Other|||
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## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**Funds of GBP 72,905 were raised, and**
**GBP 68408 were spent, out of which**
**GBP 67580 were paid towards education**
**cost of 197 students, while GBP 828**
**were spent as expenses**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**The reserves were of a reasonable size.**
**There is no need for a minimum**
**reserves balance as there is no**
**committed expenditure.**|
|Amount of reserves held|Para 1.22|**The year 2021 ended with GBP 34205 in**
**the bank**|
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47||
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
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## **Structure, Governance and Management**
|Description of charity’s
trusts:||**Poverty alleviation**|
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**|
|Trustee 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
trustees|Para 1.25|**By majority vote of trustees**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
||||
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51||
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
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Charity name Professional Education Foundation UK
Other name the charity uses
Registered charity number 1168078
Charity’s principal address 27 Station Road
Wraysbury
TW19 5 ND
U.K.
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## **Names of the charity trustees who manage the charity**
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Hafiz Haq Chairman Full year Board of Trustees
2 Amir Mashkoor Trustee Full year
3 Naseem Amin Trustee Full year
4 Suniya Qureshi Trustee Full year
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14
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16
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– Corporate trustees names of the directors at the date the report was approved
## **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
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## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
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## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Hafiz Haq **Position (eg Secretary,** Chair **Chair, etc) Date** 6th June 2022
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## Report to the trustees of Professional Education Foundation UK
I report to the trustees on my examination of the accounts of the above charity for the year ended 31 December 2021 as set out on pages 10 to11.
## Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.
## It is my responsibility to:
- examine the accounts under section 145 of the Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
- to state whether particular matters have come to my attention.
## Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## Independent examiner's statement
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Patrick Morrello ACA Third Sector Accountancy Limited Holyoake House Hanover Street Manchester M60 0AS
Date:
11 / 07 / 2022
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## Professional Education Foundation UK Charity Number 1168078
## Receipts and Payments Accounts
## for the period from 1 January 2021 to 31 December 2021
## Receipts and payments
**----- Start of picture text -----**
Unrestricted Restricted
funds funds Total funds Last year
£ £ £ £
Receipts
Grant - SEED Pakistan 20,000 - 20,000 20,000
-
Grant - Euro Charity Trust 38,377 38,377 45,000
Grant - MAP-UK 2,967 - 2,967 -
Other donations 10,791 - 10,791 17,396
Gift Aid 770 - 770 852
Total receipts 72,905 - 72,905 83,248
Payments
Advertising - - 95
-
Grants paid 67,580 67,580 52,150
Office and administration 480 - 480 1,676
Fundraising 288 - 288 950
Bank charges 60 - 60 15
Total payments 68,408 - 68,408 54,886
Net of receipts/(payments) 4,497 - 4,497 28,362
Transfers between funds - - - -
-
Cash funds last year end 29,707 29,707 1,345
Cash funds this year end 34,204 - 34,204 29,707
**----- End of picture text -----**
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## Professional Education Foundation UK
## Charity Number 1168078
## Statement of assets and liabilities at 31 December 2021
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£
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1,019|
|---|---|---|
11 / 07 / 2022 Approved and signed on behalf of all trustees on ________________:
Hafiz Haq, Chair
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