Charity number: 1175037
Khairul Ummah Trust
Trustees' report and financial statements
for the year ended 31 March 2022
Khairul Ummah Trust
Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees report | 2 |
| Statement of financial activities | 3 |
| Balance sheet | 4 |
| Notes to the financial statements | 5 |
Khairul Ummah Trust
Legal and administrative information
| Charity number | 1175037 |
|---|---|
| Business address | 242b Spring Road |
| Tyseley | |
| Birmingham | |
| B11 3DW | |
| Registered office | 242B Spring Road |
| Tyseley | |
| Birmingham | |
| B11 3DW | |
| Trustees | Mahmood Ul Hassan |
| Talha Mahmood | |
| Khalid Mahmood |
Page 1
Khairul Ummah Trust
Report of the trustees for the year ended 31 March 2022
The trustees present their report and the financial statements for the year ended 31 March 2022. The trustees who served during the year and up to the date of this report are set out on page 1.
Structure, governance and management
Objectives and activities
The aim of the organsiation is to raise awareness and collect funds for poor and needy in Pakistan, in particular by way of providing food packages during Ramadan. The organisation aims to support orphans and widows with similar services.
Achievements and performance
Financial review
The charity has not traded during the year
Statement of trustees' responsibilities
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).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
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 which 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 1993 and the Charity (Accounts and Reports) Regulations 2008. 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
On behalf of the board
Secretary
Page 2
Khairul Ummah Trust
Statement of financial activities
For the year ended 31 March 2022
| Notes Incoming resources Total incoming resources Resources expended Total resources expended Total funds brought forward Total funds carried forward |
2022 Total £ - - - - |
2021 Total £ |
|---|---|---|
| - | ||
| - | ||
| - | ||
| - |
The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
The notes on page 5 form an integral part of these financial statements.
Page 3
Khairul Ummah Trust
Balance sheet
as at 31 March 2022
----- Start of picture text -----
2022 2021
Notes £ £ £ £
Funds 3
- -
Total funds
----- End of picture text -----
The financial statements were approved by the trustees on 12 July 2023 and signed on its behalf by
Mahmood Ul Hassan Trustee
The notes on page 5 form an integral part of these financial statements.
Page 4
Khairul Ummah Trust
Notes to financial statements for the year ended 31 March 2022
1. Accounting policies
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
1.1. Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the Charities Act 1993.
1.2. Cashflow
The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity.
1.3. Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
2. Employees
Employment costs
No salaries or wages have been paid to employees, including the trustees, during the year.
Number of employees
The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of full time equivalents, was as follows:
| 2022 | 2021 |
|---|---|
| Number | Number |
3. Analysis of net assets between funds
Fund balances at 31 March 2022 as represented by:
Total funds £ -
Page 5
Khairul Ummah Trust
The following pages do not form part of the statutory accounts.
Khairul Ummah Trust
Detailed statement of financial activities
For the year ended 31 March 2022
2022 2021 £ £ £ £ Resources expended Costs of generating funds: Fundraising trading: cost of goods sold and other costs
Page 7
| Khairul Ummah Trust | ||||
|---|---|---|---|---|
| Detailed statement of financial activities | ||||
| For the year ended 31 March 2022 | ||||
| 2022 | 2021 | |||
| £ | £ | |||
| Charitable activities | ||||
| Net incoming/(outgoing) resources for the year | - | - |
Page 8