**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| 2 **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 3 **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;| 4 **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.| |---|---|---| 5 **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| 6 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 accord with such records; 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 - •the accounts have not been prepared in accordance with the Charities SORP (FRS102). 8 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 Name**Akab Welfare Trust Limited|**Charity Name**Akab Welfare Trust Limited|**Charity Name**Akab 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| 10 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¢stm*nts (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 r*latlng 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 sm*ll cofftpani*s reglma andin ac¢ordart¢e k¥lih FRS102 SORP. Swod ty Oi trus*B￿￿re¢torS on ¢1 wuEieégdi(e¢&¥$ Prinl Nar ol di*recty 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| 12 ## **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| 13 **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 -----**
14 ## **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| 15 **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| 16