OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-12-31-accounts

Charity Number: 1168078

Professional Education Foundation UK

Report and financial statements

For the year ended 31 December 2024

Doc ID: 404cf2fe50363bc1d83efc8a947c9259207c3f4c

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 appointed 07/05/2024

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

1

Doc ID: 404cf2fe50363bc1d83efc8a947c9259207c3f4c

Trustees’ Annual Report for the period

From 1[st] Jan 2024 To 31[st] Dec 2024

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:

You may choose to include further statements where relevant about: You may choose to include further statements where relevant about:
SORP reference
You may choose to include further statements where relevant about:
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 210/month
and have earned more than 65% marks
in Higher Secondary School.
Policy on social investment
including program related
investment
Para 1.38

2

Doc ID: 404cf2fe50363bc1d83efc8a947c9259207c3f4c

Contribution made by Para 1.38 volunteers 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 260
professional students as compared to
375 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:
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

3

Doc ID: 404cf2fe50363bc1d83efc8a947c9259207c3f4c

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 Funds of GBP 81,546 were raised, and
GBP 72722 were spent, out of which
GBP 71775 were paid towards education
cost of 260 students, while GBP 947
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 2024 ended with GBP 35383 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

4

Doc ID: 404cf2fe50363bc1d83efc8a947c9259207c3f4c

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:

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.

Names of the charity trustees who manage the charity

5 Doc ID: 404cf2fe50363bc1d83efc8a947c9259207c3f4c

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
(if any)
Hafiz Haq Chairman Full year
Board of
Trustees
Amir Mashkoor Trustee Full year Board of
Trustees
Naseem Amin Trustee Full year Board of
Trustees
Suniya Qureshi Trustee Full year Board of
Trustees
Robina Kamlin Trustee Appointed 7thMay 2024 till
31stDec 2024
Board of
Trustees

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 charity’s objects

6

Doc ID: 404cf2fe50363bc1d83efc8a947c9259207c3f4c

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

7

Doc ID: 404cf2fe50363bc1d83efc8a947c9259207c3f4c

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 Chair Secretary, Chair, etc) ~~a~~ Date 7th May 2025 ~~= Ia~~ 8 Doc ID: 404cf2fe50363bc1d83efc8a947c9259207c3f4c

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 2024 as set out on pages 10 to 11.

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:

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:

  2. to keep accounting records in accordance with section 130 of the Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

have not been met; or

  1. 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:

23 / 05 / 2025

9

Doc ID: 404cf2fe50363bc1d83efc8a947c9259207c3f4c

Professional Education Foundation UK Charity Number 1168078

Receipts and Payments Accounts

for the period from 1 January 2024 to 31 December 2024

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
£
-
64,571
3,039
11,964
1,973
Restricted
funds
£
-
-
-
-
-
Total funds
£
-
64,571
3,039
11,964
1,973
Last year
£
20,000
57,400
11,730
5,596
710
81,547 - 81,547 95,436
71,775
600
288
60
-
-
-
-
71,775
600
288
60
106,400
1,126
288
45
72,723 - 72,723 107,859
8,824
-
26,560
-
-
-
8,824
-
26,560
12,423
-
-
38,983
35,384 - 35,384 26,560

10

Doc ID: 404cf2fe50363bc1d83efc8a947c9259207c3f4c

Professional Education Foundation UK

Charity Number 1168078

Statement of assets and liabilities at 31 December 2024

Unrestricted Restricted Restricted
funds funds
Cash funds £ £
Bank current account 35,384 26,560
Deposit accounts - -
Petty cash - -
Total cash funds 35,384 26,560
Liabilities Fund 2024 2023
£ £
Expenditure to refund to trustee Unrestricted 1,706 859
1,706 859

Approved and signed on behalf of all trustees on ____: 23 / 05 / 2025

Hafiz Haq, Chair

11

Doc ID: 404cf2fe50363bc1d83efc8a947c9259207c3f4c