## **AFAK**
## **COMPANY LIMITED BY GUARANTEE**
**TRUSTEES' REPORT & FINANCIAL STATEMENT FOR THE YEAR ENDED 30TH JUNE 2023**
**COMPANY REGISTRATION NO: 09645339 CHARITY REGISTRATION NO: 1173220**
## **AFAK**
## **CONTENTS**
||**Page**|
|---|---|
|Directors / Trustees|1|
|Independent Review|2|
|Statement of financial activities|3|
|Balance Sheet|4|
|Notes to the accounts|5-6|
## **AFAK**
## **DIRECTORS / TRUSTEES AND PROFESSIONAL ADVISORS**
## **DIRECTORS / TRUSTEES:**
MRS AMAL FANOUSH MRS FARZANA HUSSAIN MRS LIELA AHMED MRS HAFIDA RABIA MRS NADJOUA DAHMANI MRS NAWAL NURI ELFALAH
**CHAIRPERSON:** MRS AMAL FANOUSH **BUSINESS ADDRESS:** 7 LARCH GARDENS MANCHESTER M8 8BJ **BANKERS:** HSBC THORNCLIFFE HOUSE 348-350 OXFORD ROAD MANCHESTER M13 9NG **ACCOUNTANTS:** ZAHEER AND COMPANY 63 KINGSWAY BURNAGE MANCHESTER M19 2LL
Page 1
**INDEPENDENT EXAMINER’S REPORT**
## **TO THE TRUSTEES OF AFAK**
I report on the accounts of the AFAK, registered charity number 1173220 for the accounts year ended 30th June 2023 set out on pages 5 to 8.
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER**
The charity's trustees are responsible for the preparation for the accounts in accordance with the requirement of the Charities Act 2011 (''the Act''). The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts (under section 145 of the 2011 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 in accordance FRS 102 SORP
- to state whether particular matters have come to my attention.
## **BASIS OF INDEPENDENT EXAMINER'S REPORT:**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **INDEPENDENT EXAMINER’S STATEMENT:**
In connection with our 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 41 of the Act; and
**.** to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 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.
## **Mr. Farroukh Zaheer (FCCA) Zaheer and Company**
Chartered Certified Accountants and Registered Auditors
Page 2
## **AFAK**
## **RECEIPTS AND EXPENDITURES ACCOUNT**
## **FOR THE YEAR ENDED 30/06/2023**
|Notes
**INCOME AND ENDOWMENTS**
DONATIONS AND LEGACIES
1
INCOME FROM CHARITABLE ACTIVITIES
COURSE FEE
BOOK SALES
**LESS: EXPENDITURE**
EXPENDITURE ON RAISING FUNDS
2
EXPENDITURE ON CHARITABLE ACTIVITIES
2.1
**TOTAL EXPENDITURE**
**NET INCOME / EXPENDITURE**
**BALANCE BROUGHT FORWARD**
**BALANCE CARRIED FORWARD**|£
£
**Un-restricted**
**Restricted Endowment**
**Total**
**Funds**
**Funds**
**Funds**
1,232
-
-
1,232
-
-
-
-
26,977
-
-
26,977
329
-
-
329
**28,538**
**-**
**-**
**28,538**
-
-
-
-
34,690
-
-
34,690
**34,690**
**34,690**
(6,153)
-
-
(6,153)
15,578
-
-
15,578
**9,425**
**-**
**-**
**9,425**
**2022-23**|**2021-22**
£
Total
310
-
21,481
44
**21,835**
-
27,020
**27,020**
(5,185)
20,763
**15,578**|
|---|---|---|
I approve these accounts and confirm that the trustees have made available all the information and explanations for their preparation.
Signed: _________________________________ Chairperson
Date:
Page 3
## **AFAK**
## **BALANCE SHEET AS AT 30TH JUNE 2023**
|**Notes**
**CURRENT ASSETS**
Cash at bank and in hand
3
**CURRENT LIABILITIES**
Creditors
4
Accruals
4.1
NET CURRENT ASSETS
NET ASSETS
**THE FUNDS OF THE CHARITY:**
Funds brought Forward
Income of receipts over expenditure for the year|**£**
10,275
10,275
-
850
850|**£**
9,425
9,425
15,578
(6,153)
9,425
**2022-23**|**£**
**£**
16,398
16,398
-
820
820
15,578
15,578
20,763
(5,185)
15,578
**2021-22**|
|---|---|---|---|
For the year ending 30th June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies
## **Directors' responsibility:**
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; The directors aknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
The accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies
I approve these accounts and confirm that the trustees have made available all the information and explanations for their preparation.
Signed: _________________________________ Chairperson
Date:
Page 4
## **AFAK NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30/06/2023**
|**Note: 1**
**INCOME AND ENDOWMENTS**
Donations and Legacies
Income from Charitable Activities
Course Fee
Book Sales||**Un-restricted**
1,232
-
26,977
329
28,538|**Restricted**
**Endowment**
**Total**
-
-
1,232
-
-
-
-
-
26,977
-
-
329
0
0
28,538
**2022-23**||**2021-22**
**Total**
310
-
21,481
44
21,835|
|---|---|---|---|---|---|
## **Note: 1.1**
## **ACCOUNTING POLICIES**
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with Recommended Accounting Practice 2015', (FRS 102 SORP), and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRSSE SORP 2015 in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
## **Income**
Income and expenses are accounted for on a receipt basis. The charity is mainly dependent on continuing donations and as a consequence the going concern basis is also dependent on the continuing of donations.
## **Note: 1.2**
## **TRUSTEES REMUNERATION**
All trustees provide their services to the charity free of charge without any remuneration.
## **Note: 2**
|**EXPENDITURE ON RAISING FUNDS**
Activities
-
-
**Note: 2.1**
**EXPENDITURE ON CHARITABLE ACTIVITIES**
Accountancy fees
1,487
Bank Charges
60
Student Activities
645
SUPPORT COSTS:
Rent
6,100
Insurance
-
Telephone and Internet
181
Wages
25,843
Repairs & Maintenance
218
Heating & Lighting
-
Printing, Postage, and Stationery
56
Sundry
100
34,690
|-
-
-
-
-
-
-
-
1,487
-
-
60
-
-
645
-
-
6,100
-
-
-
-
-
181
-
-
25,843
-
-
218
-
-
-
-
-
56
-
-
100
-
-
34,690
**2022-23**|**2021-22**
-
-
1,140
39
665
1,740
-
180
23,121
-
-
25
110
27,020|
|---|---|---|
|Accountancy fees
Bank Charges
Student Activities
SUPPORT COSTS:
Rent
Insurance
Telephone and Internet
Wages
Repairs & Maintenance
Heating & Lighting
Printing, Postage, and Stationery
Sundry|||
Page 5
## **Note: 3**
|**CASH AT BANK AND IN HAND**
Cash in hand
Bank account
**Note: 4**
**CREDITORS: Amounts falling due within one year**
Accountants' fees
**Note: 5**
**ACCUMULATED FUNDS**
**Un-restricted**
**Funds**
Opening Funds as at 01/05/2022
15,578
Net income/expenditure
6,153
-
Closing Funds as at 30/06/2023
**9,425**|**2022-23**
1,878
8,397
10,275
850
850
**Restricted**
**Endowment**
**Funds**
**Funds**
**TOTAL**
-
-
15,578
-
-
6,153
-
**-**
**-**
**9,425**|-|**2021-22**
3,367
13,031
16,398
820
820
**TOTAL**
20,763
5,185
**15,578**|
|---|---|---|---|
|
Accountants' fees
**Note: 5**
**ACCUMULATED FUNDS**
Opening Funds as at 01/05/2022
Net income/expenditure
Closing Funds as at 30/06/2023||||
I approve these accounts and confirm that the trustees have made available all the information and explanations for their preparation.
Signed: _________________________________ Chairperson
Date:
Page 6