Trustees’ annual report for the period
Period start date 01 / 01 / 20 22 Period end date 3 1 /1 2 /20 22
Charity nameAbu Turab Foundation
Charity No 1 1 7 0 3 8 3 (if any)
Objectives and Activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 |
The following objects are for the public benefit in Pakistan: 1) To relieve financial hardship; 2) To advance education; and 3) To relieve sickness and to promote and protect good health. |
| 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 |
Funds paid out to Abu Turab Foundation (Pak) for the Purposes of Educational Scholarships. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission onpublic benefit |
Para 1.18 |
Guidance issued by the Charity Commission was followed. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | The Grants are made to the operating arm of the organization in Pakistan i.e. Abu Turab Foundation holding full control over spending. |
| Policy on social investment including program related investment |
Para 1.38 | No Investment Policy required currently. |
| Contribution made by volunteers | Para 1.38 | Non. |
| Other |
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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 | The funds were used by the operating arm of the organization in Pakistan i.e. Abu Turab Foundation holding full control over spending. Students sponsored for A-Level studies scoring good grades. Students sponsored for O-Level studies scoring good grades. Fund scholarships given to students of Primary Education. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| 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
| SORP reference |
||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The financials look in line with the targets. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | No reserves are kept in FY 2018 |
| Amount of reserves held | Para 1.22 | Nil |
| Reasons for holding zero reserves | Para 1.22 | The organization does not plan to hold any assets in its name in the foreseeable future. |
| Details of fund materially in deficit | Para 1.24 | NA |
| Explanation of any uncertainties about the charity continuing as a goingconcern |
Para 1.23 | The Charity is a Going Concern. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Donations by Trustees, their family & friends. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | No investments were made during the year in review. |
| A description of the principal risks facing the charity |
Para 1.46 | Raising sufficient funds to meet the objectives. |
| Other |
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Structure, Governance and Management
| Description of charity’s trusts: | SORP reference |
|
|---|---|---|
| Type of governing document (trust deed,royal charter) |
Para 1.25 | Trust Deed. |
| How is the charity constituted? (e.gunincorporated 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 | NA |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference |
||
|---|---|---|
| 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 charityworks |
Para 1.51 |
|
| Relationship with any related parties | Para 1.51 | |
| Other |
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Reference and Administrative details
| Charity name | Abu Turab Foundation |
|---|---|
| Other name the charity uses | Same as above |
| Registered charity number | 1170383 |
| Charity’s principal address | 3 Newton Road, Wembley, London, HA04EU |
| Names of the charitytrustees who manage the | Names of the charitytrustees who manage the | Names of the charitytrustees who manage the | charity |
|---|---|---|---|
| Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
| Raza Ali | Chair | Full Year | |
| Jaffar Raza Ali | Treasurer | Full Year | |
| Hassan Raza Ali | Trustee | Full Year | |
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Reference and Administrative details
(cont)
Corporate trustees – names of the directors at the date the report was approved
Director name Raza Ali Jaffar Raza Ali
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 NA capacity Name and objects of the charity NA on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe NA 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
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)
Jaffar Raza Ali
Position ( Treasurer )
Date 2-FEB-23
Charity Accounts templates – Trustees’ annual report for the period
October 2016
| Abu Turab Foundation | Abu Turab Foundation | Abu Turab Foundation | CharityNo | 1170383 | 1170383 | |
|---|---|---|---|---|---|---|
| CompanyNo | 1170383 | |||||
| Annualaccountsforthe periodFY 2022 | ||||||
| Period start date | 1-Jan-22 | To | Period end date |
31-Dec-22 |
Section A Statement of financial activities (including summary income and expenditure account)
| Guidance Note S01 S02 S03 S04 S05 S06 S07 Expenditure (Notes 6) Expenditure on: S08 S09 S10 S11 S12 S13 Tax payable S14 S15 Net gains/(losses) on investments S16 S17 Extraordinary items S18 S19 S20 Other gains/(losses) S21 S22 Reconciliation of funds: S23 S24 Total funds carried forward Total Net income/(expenditure) after tax before investment gains/(losses) Net income/(expenditure) Transfers between funds Total funds brought forward Gains and losses on revaluation of fixed assets for the charity’s own use Charitable activities Separate material expense item Net movement in funds Other recognised gains/(losses): Net income/(expenditure) before tax for the reporting period Raising funds Other Total Recommended categories by activity Income (Note 3) Income and endowments from: Donations and legacies Investments Charitable activities Other trading activities Separate material item of income Other |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03 |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03 |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03 |
Total funds Prior year funds £ £ F04 F05 |
Total funds Prior year funds £ £ F04 F05 |
|---|---|---|---|---|---|
| 405 | - | - | 405 | 1,854 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 405 | - | - | 405 | 1,854 | |
| - | - | - | - | - | |
| - | - | - | - | 850 | |
| - | - | - | - | - | |
| - | - | - | - | 850 | |
| 405 | - | - | 405 | 1,004 | |
| - | - | - | - | - | |
| 405 | - | - | 405 | 1,004 | |
| - | - | - | - | - | |
| 405 | - | - | 405 | 1,004 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 405 | - | - | 405 | 1,004 | |
| 1,499 | - | - | 1,499 | 495 | |
| 1,904 | - | - | 1,904 | 1,499 |
Charity No 1170383 Company No 1170383
Abu Turab Foundation
Section B Balance sheet
| Guidance Note Fixed assets Intangible assets (Note 15) B01 Tangible assets (Note 14) B02 Heritage assets (Note 16) B03 Investments (Note 17) B04 Total fixed assets B05 Current assets Stocks (Note 18) B06 Debtors (Note 19) B07 Investments (Note 17.4) B08 Cash at bank and in hand (Note 24) B09 Total current assets B10 Creditors: amounts falling due within one year (Note 20) B11 Net current assets/(liabilities) B12 Total assets less current liabilities B13 Creditors: amounts falling due after one year (Note 20) B14 Provisions for liabilities B15 Total net assets or liabilities B16 Funds of the Charity Endowment funds (Note 27) B17 Restricted income funds (Note 27) B18 Unrestricted funds B19 Revaluation reserve B20 Fair value reserve B21 Total funds B22 |
Unrestricted funds £ F01 |
Restricted income funds £ F02 |
Endowment funds Total this year £ £ F03 F04 |
Endowment funds Total this year £ £ F03 F04 |
Total last year £ F05 |
|---|---|---|---|---|---|
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 1,904 | - | - | 1,904 | 2,503 | |
| 1,904 | - | - | 1,904 | 2,503 | |
| - | - | - | - | - | |
| 1,904 | - | - | 1,904 | 2,503 | |
| 1,904 | - | - | 1,904 | 2,503 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 1,904 | - | - | 1,904 | 2,503 | |
| - | - | - | |||
| - | - | - | |||
| 1,904 | - | 1,904 | 2,503 | ||
| - | - | ||||
| 1,904 | - | - | 1,904 | 2,503 |
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
Signed by one or two trustees/directors on behalf of all the trustees/directors
Signature of director authenticating accounts being sent to Companies House
| with FRS102 SORP. | |
|---|---|
| Print Name | Date of approval dd/mm/yyyy |
| 20-Mar-18 | |
| Jaffar Raza Ali | |
| Signature | Date dd/mm/yyyy |
| 20-Oct-18 | |
| Raza Ali |
CC17a (Excel)
2/14/2023
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