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2025-06-30-accounts

Akab Welfare Trust Limited Income and Expenditure Accounts for the year ended 30[th] June 2025

Charity Assist Accountants Ltd

Certified Public Accountants and Charity Independent Examiners

Unit 27 Batley Enterprise Centre

513 Bradford Road Batley West Yorkshire

WF17 8LL

1

Akab Welfare Trust Limited Income and Expenditure Accounts for the year ended 30[th] June 2025

Contents Page
Basic information 3
Trustees annual report 4-7
Independent examiner’s report 8-9
Income and expenditure accounts 10-11
Notes to the accounts 12-16

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Akab Welfare Trust Limited Income and Expenditure Accounts for the year ended 30[th] June 2025

Basic information

Address

7 Fourth Avenue

Bradford BD3 7JW

Bank

HSBC bank 47 Market Street Bradford BD1 1LW

Accountants

Charity Assist Accountants Ltd Unit 27 Batley Enterprise Centre

Batley

WF17 8LL

Charity registration number

1175430

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Akab Welfare Trust Limited Income and Expenditure Accounts for the year ended 30[th] June 2025

Trustees’ annual report (including Directors’ report) for the period

From: 1[st ] July 2024 To: 30[th] June 2025

Charity name: Akab Welfare Trust Limited

Charity registration number: 1175430

Company number: 07654963

Objectives and activities

Objectives and activities
SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To advance education and relieve the needs
of blind children in Pakistan by supporting
Akab School Pakistan by such means as are
exclusively charitable in accordance with the
laws of England and Wales.
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		 The charity managed to raise funds which
they used towards their charitable objects
during the year.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The Directors are responsible for
preparing the Directors Annual Report
and the Financial Statements in
accordance with applicable law and
regulations. Company law requires the
directors to prepare financial statements
for each financial year. Under that law the
Directors have elected to prepare the
financial statements in accordance with
United Kingdom Generally Accepted
Accounting Practice (United Kingdom
Accounting Standards and applicable
law).
In preparing the financial statements, the
directors are required to:
• Select suitable accounting policies
and then applythem consistently;

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Akab Welfare Trust Limited Income and Expenditure Accounts for the year ended 30[th] June 2025

• Make judgements and estimates that are reasonable and prudent; • Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with Companies Act 2011 and the Statement of Recommended Practice, Accounting and Reporting by Charities (FRS102).

Achievements and performance

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 charity raised funds, which helped
them to carry out their charitable
activities. They managed to send grants
to Pakistan. In addition, they bought
braille note touch and perkins braille
which they transported to Pakistan.

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Akab Welfare Trust Limited Income and Expenditure Accounts for the year ended 30[th] June 2025

Financial review

Financial review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 The charity is showing a surplus on the
movement in funds.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 The charity holds no reserves.

Structure, governance and management

Description of charity’s
trusts:
Type of governing
document: for example,
trust deed, memorandum and
articles of association etc		 Para 1.25 Memorandum and articles incorporated 01
June 2011 as amended by special resolution
registered at companies’ house on 24
October 2017
How is the charity
constituted?
for example limited company,
unincorporated association, CIO		 Para 1.25 Charitable company
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 The charity may by ordinary resolution:
1. Appoint a person who is willing to act
as a trustee.

Reference and administrative details

Charity name Akab Welfare Trust Limited
Other name the charity
uses
Registered charity
number		 1175430
Charity’s principal
address		 7 Fourth Avenue
Bradford
BD3 7JW

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Akai) Welfare Trust Limited Income and Ex en Jiture Accounts for the 30th June 2025 ear ended Names of the charity trustees who manage the charity Trustee nam• Office Ilf any) Dates actèd If not for whole year Name of person ltsr body) entStled to appoint trustee lif an Muhammad Tayyab Tasneem Ahmed Mohammed Yaqub Nizami Corporate trustees- names of the directors at the date the re Director name ortwasa roved Muhammad Tayyab Tasneem Ahmed Mohammed Yaqub Nizami Declarations The company has taken advantage of the small companies, exemption in preparing the report above. The trustees declare that they have approved the trustees, report (including directors. report} above. )igned on behalf of the charlty's trusteesldirectors Signature{s) Full name(s) Position {for example Secretary. Chair, etcl l rf kA Hik4pJP r/PYY&ff Date

Akab Welfare Trust Limited Income and Expenditure Accounts for the year ended

30[th] June 2025

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the Akab Welfare Trust Limited trustees/directors/ members of On accounts for the 30[th] June 2025 period ended

Charity no.: 1175430 Company no.: 07654963

Set out on pages 10 -11

I report to the charity trustees on my examination of the accounts of the Company for the period ended 30/06/2025.

Responsibilities and As the charity’s trustees of the Company (who are also the directors of the basis of report company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention which gives me cause to believe that: • accounting records were not kept in accordance with section 386 of the Companies Act 2006; or

• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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; or

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Akab Welfare Trust Llmlted me and Ex enditure Accounts for the 30th June 2025 earended I have no Co[￿ and have come acrrtss no other matters in conrlectic th the examination to which attention shoukl be drawn in this report in cyder to enabl& a kYop8r understanding crfthe aco)unts to be reached. Ig. S. Z•L6 FMAqT FCPA quallncallonls) or body (rf ary): WF17 8LL

Akab Welfare Trust Limited Income and Expenditure Accounts for the year ended 30[th] June 2025

Charity NameAkab Welfare Trust Limited Charity NameAkab Welfare Trust Limited Charity NameAkab Welfare Trust Limited Charity No 1175430 1175430
Company No 7654963
Annual accounts for the period
Period start date 01/07/2024 To Period end
date		 30/06/2025

Section A Statement of financial activities (including summary income and expenditure account)

Recommended categories by activity Recommended categories by activity Guidance Note Unrestricted
funds		 Restricted
income funds		 Endowment
funds		 Total funds Prior year
funds
£ £ £ £ £
Income (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 266,696 145,203 - 411,899 340,075
Charitable activities S02 - - - - -
Other trading activities S03 - - - - -
Investments S04 - - - - -
Separate material item of income S05 - - - - -
Other S06 - - - - -
Total S07 266,696 145,203 - 411,899 340,075
Expenditure (Notes 6)
Expenditure on:
Raising funds S08 3,650 - - 3,650 461
Charitable activities S09 280,959 145,203 - 426,162 246,456
Separate material expense item S10 1,323 - 1,323 379
Other S11 - - -
Total S12 285,933 145,203 - 431,135 247,296
Net income/(expenditure) before tax for
the reporting period		 S13 19,237
-		 - - 19,237
-		 92,780
Taxpayable S14 - - - - -
Net income/(expenditure) after tax
before investment gains/(losses)		 S15 19,237
-		 - - 19,237
-		 92,780
Net gains/(losses) on
investments		 S16 - - - - -
Net income/(expenditure) S17 19,237
-		 - - 19,237
-		 92,780
Extraordinary items S18 - - - -
Transfers between funds S19 - - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the
charity’s own use		 S20 - - - - -
Other gains/(losses) S21 - - - - -
Net movement in funds S22 19,237
-		 - - 19,237
-		 92,780
Reconciliation of
funds:
Total funds brought forward S23 151,852 - - 151,852 59,072
Total funds carried forward S24 132,615 - - 132,615 151,852

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Akab Welfare Trust Limited Income and Ex enditure Accounts for the 30th June 2025 ear ended Section B eharlty Narne Akab WeW¢)re Tru51 linbied Charlly t40 Balance sheet Cotryan 1175430 Unr&ricted Reslricled iTrrorne lunds fund8 End¢)wtnent lunds Tolèl Ihi5 year Fixed assets Intangible assets Yanglble asseis Heriiage assets Invesimehts year FOI (Nole 151 (Note 141 (Nore 181 (Note 17J Tolal li¥edèsset2 F02 F03 F05 1.620 803 1.620 1.800 Current assets Sttscks Debiors (Nore 1BI Inv¢stmnts (Note 191 (Note 17.41 Cash at bank and in han￿ (Note 241 rotal CUrrertt•SSets 1.620 1,620 1.800 55.000 55.000 40,000 80.4 135.400 80 400 135400 112.052 152.052 Credltors.. amounts falling du• wlthln one year INotg 201 4.405 Net curreni assetsllllabillliesl 4,405 2.000 130.995 Totalassets les$ curr&ntli•bllitk$ 130.99S 150.052 132.615 132.615 Creditors.. ¥mounis falling due alter One year (Note 201 ProvisioTh¥ lor lijbllilles 151 852 Total n¥tO4S•ts Orllatsllllies Funds of the Charity Endowmènl funds (Nota 271 R¢3tri¢ted income funds IMot¢ 271 UnrÈ$trictvd funds Revaluation reSe￿e Fair valu¢ resèrve 132.615 132.615 151,852 132.615 132.615 151 852 Tot4iitsnds 132.615 132.615 151.852 rhe companywas •ntitlod to ttxempllon In)hJ audli unders477 ofihe Compan￿& A¢1 2006 rlatlng to sm& ompanies. Th¢ membors h4ve noi requlrodih• cOMpa￿Y io obièln an audltln accordancè wilh $eciion 476 0lth• Companies A¢t 2006. The dlreciors aGknowledg¢ thelrresponsibllltles lor eomplyiny with ihe r8ouir•m•nrs olthe ¢￿tIpanIeS Acrwith respe¢1 io accou￿tIll9 records anfl the proparhtlon olaccouJ)¢$. rijese accounts h3ve been prepared In accordance wllli the piovlslons appllcabl• to sfftal1coi￿p&￿thts subiK¢ tho smll cofftpanis reglma andin ac¢ordart¢e k¥lih FRS102 SORP. Swod ty Oi trusB￿￿re¢torS on ¢1 wuEieégdi(e¢&¥$ Prinl Nar ol directy 8u#ientscaLw 8ccuJr46 8Wbtw Coii¥)anitt& FbJ& Prknt

Akab Welfare Trust Limited Income and Expenditure Accounts for the year ended 30[th] June 2025

Section C Notes to the accounts Notes to the accounts Notes to the accounts Notes to the accounts Notes to the accounts Notes to the accounts
Note 3 Income
Analysis of income Unrestricted
funds
Restricted
income
funds		 Endowment
funds		 Total funds Prioryear
£ £
Donations
and
legacies:		 Donations and gifts 251,696 145,203 - 396,899 263,511
Gift Aid 15,000 - - 15,000 76,565
Legacies - - - - -
General grants provided by government/other
charities		 - - - - -
Membership subscriptions and sponsorships
whichareinsubstance donations		 - - - -
Donated goods, facilities and services - - - - -
Other - - - -
Total 266,696 145,203 - 411,899 340,075
TOTAL INCOME 266,696 145,203 - 411,899 340,075

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Akab Welfare Trust Limited Income and Expenditure Accounts for the year ended 30[th] June 2025

Note 6 Expenditure Expenditure
Analysis of expenditure Unrestricted
funds
Restricted
income
funds		 Endowment
funds		 Total funds Prioryear
£ £
Expenditure on
raising funds:		 Incurred seeking donations - - - 111
Incurred seekinglegacies - - - - -
Advertising, marketing, direct mail and 3,650 - - 3,650 350
Total expenditure on raising funds
 3,650 - - 3,650 461
Expenditure on
charitable
activities		 Accountancy fees 1,650 - - 1,650 1,350
Annual return 180 180 225
Cargo transport 134 - - 134 329
Charitable activities 22,494 22,494 10,000
Charity fundraising event 1,050 1,050 5,738
Commissions paid 7,450 - 7,450 5,000
Depreciation 180 180 200
Equipment for the blind 135 135
Gift aid charges - 4,050
Governance charges - 734
Grants Pakistan 246,247 145,023 391,270 215,000
Independent examination 675 675 525
Subscriptions 594 594 716
Website 350 - - 350 2,588
Total expenditure on charitable
activities		 281,139 145,023 - 426,162 246,456
Separate
material item of
expense		 - - - - -
- - - - -
- - - - -
- - - - -
Total - - - - -
Other - - - - -
Bankcharges 1,323 - - 1,323 379
- - - -
- - - - -
- - - - -
Total other expenditure 1,323 - - 1,323 379
TOTAL EXPENDITURE 286,112 145,023 - 431,135 247,296

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Akab Welfare Trust Limited Income and Expenditure Accounts for the year ended 30[th] June 2025

----- Start of picture text -----
Note 10 Details of certain types of expenditure
Note 10.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of
accounts and other services provided by your independent examiner. If nothing
was paid please enter '0' in the appropriate box(es).
This year Last year
£ £
Independent examiner’s fees
675 525
Assurance services other than independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services)
paid to the independent examiner
----- End of picture text -----

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Akab Welfare Trust Limited Income and Expenditure Accounts for the year ended

30[th] June 2025

Note 14 Tangible fixed assets Note 14 Tangible fixed assets Note 14 Tangible fixed assets Note 14 Tangible fixed assets Note 14 Tangible fixed assets
Please complete this note ifthe charity has any tangible fixed assets
14.1 Cost or valuation
Freehold land
& buildings		 Other land &
buildings		 Plant,
machinery
and motor
vehicles		 Fixtures,
fittings and
equipment		 Total
£ £ £ £ £
At the beginning of
the year		 - - - - -
Additions - - - 1,800 1,800
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year - - - 1,800 1,800
14.2 Depreciation and impairments
**Basis SL or RB SL or RB SL or RB SL or RB SL or RB
** Rate 10% SL
At beginning of the
year		 - - - - -
Disposals - - - - -
Depreciation - - - 180 180
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - 180 180
14.3 Net book value
Net book value at the
beginning of the year		 - - - - -
Net book value at the
end of the year		 - - - 1,620 1,620
Note 14 Tangible fixed assets Note 14 Tangible fixed assets Note 14 Tangible fixed assets Note 14 Tangible fixed assets Note 14 Tangible fixed assets
Please complete this note ifthe charity has any tangible fixed assets
14.1 Cost or valuation
Freehold land
& buildings		 Other land &
buildings		 Plant,
machinery
and motor
vehicles		 Fixtures,
fittings and
equipment		 Total
£ £ £ £ £
At the beginning of
the year		 - - - - -
Additions - - - 1,800 1,800
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year - - - 1,800 1,800
14.2 Depreciation and impairments
**Basis SL or RB SL or RB SL or RB SL or RB SL or RB
** Rate 10% SL
At beginning of the
year		 - - - - -
Disposals - - - - -
Depreciation - - - 180 180
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - 180 180
14.3 Net book value
Net book value at the
beginning of the year		 - - - - -
Net book value at the
end of the year		 - - - 1,620 1,620

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Akab Welfare Trust Limited Income and Expenditure Accounts for the year ended 30[th] June 2025

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

19.1 Analysis of debtors

Total
Trade debtors
Prepayments and accrued income
Other debtors
Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.		 Total
Trade debtors
Prepayments and accrued income
Other debtors
Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.		 Total
Trade debtors
Prepayments and accrued income
Other debtors
Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.		 This year
£
-
55,000.0		 Last year
£
-
400,000.0
- -
55,000.0 400,000.0
20.1 Analysis of creditors
Amounts falling due
within oneyear		 Amounts falling due after
more than oneyear
This year Last year This year Last year
Accruals for grants payable £ £ £ £
- - - -
Bank loans and overdrafts -
-		 -
-		 -
-		 -
-
Trade creditors
Payments received on account for contracts
or performance-related grants		 - - - -
Accruals and deferred income 4,405 2,000 - -
Taxation and social security - - - -
Other creditors - - - -
Total 4,405 2,000 - -
Note 24 Cash at bank and in hand
This year Last year
£ £
Short termcash investments (less than 3 months maturity date) - -
Short termdeposits - -
Cash at bankand on hand 80,400 112,052
Other - -
Total 80,400 112,052

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