DocuSign Envelope ID: 0259CA34-9805-4915-9C32-932EFFF6B227
Charity No. 1168885
**----- Start of picture text -----**
HAYAT TRUST
Annual Report and Financial Statements
for the Period from 1 April 2022 to 31 December 2022 (9 months)
**----- End of picture text -----**
DocuSign Envelope ID: 0259CA34-9805-4915-9C32-932EFFF6B227
## **Contents**
Legal and administrative information
Report of the Trustees
Receipts and Payments Statement of Assets and Liabilities
Notes forming part of the financial statements
DocuSign Envelope ID: 0259CA34-9805-4915-9C32-932EFFF6B227
**Legal and administrative information** Charity number 1168885 Registered address Unit 3, The Bordesley Centre Stratford Road, Sparkhill, Birmingham B11 1AR Trustees Sante Ciccarello Hisham Salim Dr Colin Bailey Abdulwaley Saleh Bankers Barclays PLC Sort Code – 20-25-43 Account - 20872962
3
DocuSign Envelope ID: 0259CA34-9805-4915-9C32-932EFFF6B227
## **HAYAT TRUST**
## **Trustees' Report**
The Trustees present their annual report and accounts for the period ended 31 December 2022 (9 months).
The accounts have been prepared in accordance with the receipts and payments basis in accordance with the Charity Commission guidance
## **Structure, governance and management**
The charity is an unincorporated charity, formed under a trust deed on the 28 January 2016. The Charity registered with the Charity Commission on the 23 August 2016.
Trustees are legally responsible for the governance and management of the charity. There are three founding Trustees that are appointed for life. Trustees are responsible for setting strategies and policies and ensuring these are implemented.
Risk management
The charity's trustees have considered the major risks to which the charity is exposed and have reviewed potential risks. Systems and procedures have been put in place to manage the risks and to mitigate any adverse outcomes.
## **Objectives and activities**
The governing scheme defines the charity's objects as being to:
1. The advancement of education, relief of poverty and the promotion and protection of good health for the public benefit, the relief of suffering amongst victims of natural or other kinds of disaster for the public benefit anywhere in the world.
2. For such general charitable purposes for the public benefit anywhere in the world as the trustees from time to time may think fit.
## **Achievements and Performance**
We were able to continue our work to achieve the following;
•Aiding those who lost access to basic amenities such as food, water and access to medical care after the earthquake in Turkey.
- Donating money to schools in developing as well as war-torn countries to pay for better facilities.
• Helping to set up medical camps to aid thousands of people with minor and major ailments in developing countries.
• Providing food baskets and bread for thousands of families in countries like Yemen, Turkey and Bangladesh.
• Donating money towards orphans in order to provide them with a better quality of life.
## **Financial review**
During the period, the Charity received total income of £106k (March 2022: £68k). After incurring payments of £113k (March 2022: £86k). The carried forward fund balance is £3k (March 2022: £10k).
4
DocuSign Envelope ID: 0259CA34-9805-4915-9C32-932EFFF6B227
## **Trustees' responsibilities statement**
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & 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 charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities
## 31 October 2023
This report was approved by the trustees on ………………………………… and signed on their behalf by:
…………………………………
Mr Hisham Salim
Trustee
5
DocuSign Envelope ID: 0259CA34-9805-4915-9C32-932EFFF6B227
## **Independent Examiner's Report to the trustees of HAYAT TRUST**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022 which are set out on pages 7 to 9.
## **Respective responsibilities of trustees and examiner**
As the charity’s trustees of HAYAT TRUST you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the HAYAT TRUST 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**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of HAYAT TRUST as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting 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.
I 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.
DUA GOVERNANCE **………………………….** Chartered Accountants and Business Advisors Nasir Rafiq BA FCA Bradford Court ICAEW 123-131 Bradford Street 31 October 2023 Digbeth, Birmingham B12 0NS Date **......................**
6
DocuSign Envelope ID: 0259CA34-9805-4915-9C32-932EFFF6B227
## **HAYAT TRUST**
## **Receipts and Payments Accounts**
From 1 April 2022 to 31 December 2022
|**Receipts**
General Donation
Zakat
Orphans
Water Projects
Food Project
Qurbani
Winter appeal
Total receipts
**Payments**
Yemen Bakery project
Ramadan project
Eid project
Food
Winter appeal
Books
Legal & Professional Fees
Wages
IT Maintenance & Software
Office Expenses
Utilities
Postage & Advertisement
Bank Charges
Office Rent
Total payments
**Net of receipts/(payments)**
Transfers between funds
Cash funds last year end|**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**Dec-22**
**Mar-2022**
**£**
**£**
**£**
**£**
37,911
37,911
21,351
6,178
6,178
3,255
3,224
3,224
2,365
2,450
2,450
5,825
53,050
53,050
26,405
2,975
2,975
4,572
309
309
3,886|
|---|---|
||44,089
62,007
106,096
67,659
72,533
72,533
19,080
9,905
9,905
23,086
0
33,500
17,000
17,000
0
4,000
4,000
0
0
3,054
808
808
1,320
4,230
4,230
0
886
886
609
510
510
43
0
87
0
325
0
15
3,180
3,180
4,420|
||9,614
103,438
113,051
85,539|
||**34,475**
**-41,431**
**-6,955**
**-17,879**|
||0
0
10,029
0
10,029
27,908|
||**44,505**
**-41,431**
**3,074**
**10,029**|
7
DocuSign Envelope ID: 0259CA34-9805-4915-9C32-932EFFF6B227
## **HAYAT TRUST**
|**HAYAT TRUST**|||
|---|---|---|
|**Statement of Assets and Liabilities**
As at 31 December 2022
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**
**Cash Funds**
Cash at Bank
3,074
0
Cash held in hand
0
0
Total Cash funds
3,074
0
**Investment Assets**
0
0
0
0
**Assets retained for the**
**charity’s own use**
0
0
Total
3,074
0
**Liabilities**
1,200
0|**Total**
**Dec-22**
**£**
3,074
0
3,074
0
0
0
3,074
1,200|**Total**
**Mar-2022**
**£**
10,029
0|
|||10,029|
|||0|
|||0|
|||0|
|||10,029|
||||
|||1,200|
31 October 2023
This report was approved by the trustees on ………………………………… and signed on their behalf by:
…………………………………
Mr Hisham Salim Trustee
8
DocuSign Envelope ID: 0259CA34-9805-4915-9C32-932EFFF6B227
## **Notes forming part of the financial statements for the year ended 31 December 2022**
## **1. Accounting policies**
- (a) Basis of preparation
The accounts have been prepared in accordance with the receipts and payments basis in accordance with the Charity Commission guidance.
- (b) Charity status
Hayat Trust was established under a trust deed and is a registered with the Charity Commission under the reference of 1168885. The Trustees are appointed and function in accordance with the trust deed.
- (c) Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
- (d) Receipts
All incoming resources are included in the Receipt & Payment Accounts when the charity actually obtains legally entitled income.
- (e) Payments
All expenditure is accounted for on payments basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
## **2. Debt outstanding**
There is no particulars of any debt outstanding at the date the statement of assets and liabilities which is owed by Hayat Trust and which is secured by an express charge on any of the assets of Hayat Trust
## **3. Related Parties**
## **Controlling entity**
The charity is controlled by the trustees. During the year the Trustees received no emoluments or incurred any expenses using Trust funds.
9