Charity Number: 1168078
## Professional Education Foundation
## UK
Report and financial statements For the year ended 31 December 2023
Doc ID: c3baefe20adfdd9d4e4fe33c014404542a327332
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 Suniya Qureshi Robina Kamlin
## **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 2023 To 31[st] Dec 2023**
## **Charity name: Professional Education Foundation UK**
## **Charity registration number: 1168078**
## **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, The trustees have understood and**
**regard the guidance by the Charity**
**Commission on public benefit**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|**Scholarships should be given to**
**students from the under privileged**
**section of society in Pakistan, with a**
**family income of under GBP 250/month**
**and have earned more than 65% marks**
**in Higher Secondary School.**|
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|Policy on social investment
including program related
investment|Para 1.38||
|---|---|---|
|Contribution made by
volunteers|Para 1.38||
|Other|||
## **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 375**
**professional students as compared to**
**226 students last year. They all are**
**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:
|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 95,436 were raised, and**
**GBP 107,859 were spent, out of which**
**GBP 106,400 were paid towards**
**education cost of 375 students, while**
**GBP 1459 were spent as expenses.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**The charity maintains a policy of**
**keeping 5% of annual donations of the**
**last year. The trustees do not consider**
**maintaining a higher level of reserves**
**since the charity does not have any**
**ongoing financial commitments.**|
|Amount of reserves held|Para 1.22|**The year 2023 ended with GBP 26560 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 where relevant about: The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity 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:|
|---|---|---|
|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**
|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**
|1
2
3
4
5|**Trustee name**|**Office (if any)**|**Dates acted if not for whole year**|**Name of person**
**(or body) entitled**
**to appoint**
**trustee (ifany)**|
|---|---|---|---|---|
||Hafiz Haq|Chairman|Full year|Board of
Trustees|
||Amir Mashkoor|Trustee|Fullyear||
||Naseem Amin|Trustee|Fullyear||
||Suniya Qureshi|Trustee|Fullyear||
||Robina Kamlin|Trustee|Appointedpostyear end||
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**
## **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
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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 adviser**
**Name**
**Address**|**Type of adviser**
**Name**
**Address**|**Type of adviser**
**Name**
**Address**|
|---|---|---|---|
|||||
|||||
|||||
|||||
||**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.**
**----- Start of picture text -----**
Signed on behalf of the charity’s trustees
**----- End of picture text -----**
**----- Start of picture text -----**
Signature(s)
Full name(s) Hafiz Haq
Position (eg Chair
Secretary, Chair,
etc)
Date 5th Mar 2024
**----- End of picture text -----**
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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 2023 as set out on pages 10 to 11.
##
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.
##
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.
##
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: 13 / 05 / 2024
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## Professional Education Foundation UK Charity Number 1168078
## Receipts and Payments Accounts
## for the period from 1 January 2023 to 31 December 2023
## Receipts and payments
|Receipts
Grant - SEED Pakistan
Grant - Euro Charity Trust
Grant - MAP-UK
Other donations
Gift Aid
Total receipts
Payments
Grants paid
Office and administration
Fundraising
Bank charges
Total payments
Net of receipts/(payments)
Transfers between funds
Cash funds last year end
Cash funds this year end|Unrestricted
funds
£
20,000
57,400
11,730
5,596
710|Restricted
funds
£
-
-
-
-
-|Total funds
£
20,000
57,400
11,730
5,596
710|_Last year_
_£_
_20,000_
_44,444_
_4,109_
_15,818_
_3,660_|
|---|---|---|---|---|
||95,436|-|95,436|_88,031_|
||106,400
1,126
288
45|-
-
-
-|106,400
1,126
288
45|_81,612_
_1,277_
_288_
_75_|
||107,859|-|107,859|_83,252_|
||12,423
-
-
38,983|-
-
-|12,423
-
-
38,983|_4,779_
_-_
_34,204_|
||26,560|-|26,560|_38,983_|
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## Professional Education Foundation UK Charity Number 1168078
## Statement of assets and liabilities at 31 December 2023
|Cash funds
Bank current account
Deposit accounts
Petty cash
Total cash funds
Liabilities
Fund
Expenditure to refund to trustee
Unrestricted|Unrestricted
funds
£
26,560
-
-|_Restricted_
_funds_
_£_
_38,983_
_-_
_-_|
|---|---|---|
||26,560|_38,983_|
||2022
£
859|_2021_
_£_
_800_|
||859|_800_|
10 / 05 / 2024 Approved and signed on behalf of all trustees on ________________:
Hafiz Haq, Chair
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