Annual Report 1 May 2023 – 30 April 2024
Rosa Foundation
Registered Charity: 1170158
Income
Previous income: £6322 Income for period: £6320
Restricted donations: £2000 Unrestricted donations: £4535
Total income: £12642
Expenditure Brazil £400 Zakat/sadaqa UK £4400 Loan £5000 Web hosting costs £15.75
Total expenditure: £9815.75
Income at end of period: £2827
Liabilities: £0
Trustees’ Annual Report 01/05/23 – 30/4/24
The trustees of Rosa Foundation confirm that the activities of the charity comply with the Charities Act 2011.
Aims
To work in poverty alleviation and furthering education in South America and where agreed ad hoc projects around the world. This year the Rosa Foundation has been primarily focussed on working in the UK and Brazil.
Objectives
The objectives of Rosa Foundation were to continue distributing welfare and emergency aid in the forms of cash payment and food; to monitor usage for the loan project and ensure its efficient and appropriate management.
Achievements
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Funds were made for zakat purposes in Brazil and the UK
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A loan was extended to a donor who has pledged to donate £6000 to Rosa Foundation
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Efforts have been made to support translations from Arabic into Brazilian Portuguese of key texts. Financial support will be offered next year for this project.
Explanatory notes
A sum of £2000 was repaid by a donor who has pledged £6000 in exchange for support provided to him.
Targets for next accounting period
The Rosa Foundation’s funding will continue to be provided for projects in Brazil and to support individuals through zakat and sadaqa funds where deemed necessary. Efforts will be made to acquire the remaining loan due £3000, as well as to obtain the pledged amount £6000.