**Baig Welfare Foundation**
## **Receipts and Payments Accounts for the year ended**
## **31[st] December 2023**
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
**Baig Welfare Foundation**
## **Receipts and Payments Accounts for the year ended**
## **31[st] December 2023**
|Contents|Page|
|---|---|
|Basic information|3|
|Trustees annual report|4-8|
|Independent examiners report|9– 10|
|Receipts and payments accounts|11– 12|
|Notes|13|
2
**Baig Welfare Foundation**
## **Receipts and Payments Accounts for the year ended**
## **31[st] December 2023**
## **Basic information**
## **Address**
Baig Welfare Foundation 24 Old Mill View Dewsbury
WF12 9QJ
## **Bank**
HSBC Bank 13 Market Place
Dewsbury WF13 1DH
## **Accountants**
Charity Assist Accountants Ltd Unit 27 Batley Enterprise Centre Batley
WF17 8LL
## **Charity registration number**
1175745
3
## **Baig Welfare Foundation**
## **Receipts and Payments Accounts for the year ended**
## **31[st] December 2023**
||**Trustees' annual report for the period**|**Trustees' annual report for the period**|**Trustees' annual report for the period**|**Trustees' annual report for the period**|**Trustees' annual report for the period**|**Trustees' annual report for the period**|**Trustees' annual report for the period**|**Trustees' annual report for the period**|
|---|---|---|---|---|---|---|---|---|
||**From**|Period start date|||**To**|Period end date|||
|||01|01|23||31|12|23|
## **Section A Reference and administration details**
Baig Welfare Foundation **Charity name** None **Other names charity is known by Registered charity number (if any)** 1175745 **Charity's principal address** 24 Old Mill View
24 Old Mill View Dewsbury Postcode WF12 9QJ
4
## **Baig Welfare Foundation**
## **Receipts and Payments Accounts for the year ended**
## **31[st] December 2023**
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or**
**body) entitled to**
**appoint trustee (if**
**any)**|
|---|---|---|---|---|
||Mohammed Riaz
Baig||||
||Mohammed Jamil
Baig||||
||Mohammed
Shakeel Baig||||
||Mr Mohammed
Raheel Baig||||
||Mohammed
Waqaas Baig||||
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document (eg. trust deed, constitution)
How the charity is constituted
CIO Foundation registered on the 15[th] November 2017.
CIO
- (eg. trust, association, company)
Trustee selection methods
- (eg. appointed by, elected by)
- (1) Apart from the first charity trustees, every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees.
- (2) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO
5
## **Baig Welfare Foundation**
## **Receipts and Payments Accounts for the year ended**
## **31[st] December 2023**
## **Section C Objectives and activities**
The objectives of the charity are for the public benefit:
1. To prevent or relieve poverty or financial hardship.
2. To relieve financial hardship, sickness and poor health, amongst orphans and widows;
**Summary of the objectives of the charity set out in its governing document**
3. To relieve and assist people who are the victims of war or armed conflict or natural and/or man-made disasters, epidemic, or famine, including (without limitation) provision or emergency response and recovery including the supply of medical and/or financial aid to such persons; and to prevent or relieve poverty or financial hardship of refugees and displaced persons, including by preserving and protecting their physical and mental health.
4. In all cases by any charitable means, working anywhere in the world regardless of the beneficiaries’ religion, race, ethnicity, disability, gender, geographical location and political conviction in all cases by any charitable means, working anywhere in the world regardless of the beneficiaries’ religion, race, ethnicity, disability, gender, geographical location and political conviction
6
## **Baig Welfare Foundation**
## **Receipts and Payments Accounts for the year ended**
## **31[st] December 2023**
- Makes grants to individuals
- Makes grants to organisations
- Provides other finance
- Provides buildings/facilities/open space
- Provides services
Charity commission requires the trustees of a charity to:
- Select suitable accounting policies, apply them consistently;
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
- Make judgement and estimates that are reasonable and prudent;
- • Prepare the financial statements on the going concern basis unless there is a reason to believe that the charity will not continue for the foreseeable future.
- The Trustees are responsible for the keeping of proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charity Act 2011. They are also responsible for safeguarding the assets of the charity and hence to take reasonable steps for the prevention and detection of fraud and other irregularities.
## **Section D Achievements and performance**
The charity has given grants to different organisations and to individuals **Summary of the main** in order to help relieve poverty. **achievements of the charity during the year**
7
**Baig Welfare Foundation**
## **Receipts and Payments Accounts for the year ended**
## **31[st] December 2023**
## **Section E Financial review**
The charity holds £5,000 in reserve in case for an emergency expense.
**Brief statement of the charity’s policy on reserves**
8
## **Baig Welfare Foundation**
## **Receipts and Payments Accounts for the year ended**
## **31[st] December 2023**
**Independent examiner's report on the accounts**
**----- Start of picture text -----**
Section A Independent Examiner’s Report
Report to the trustees/ Baig Welfare Foundation
members of
On accounts for the year 31 [st] December 2023 Charity no 1175745
ended (if any)
Set out on pages 11– 12
**----- End of picture text -----**
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/12/2023** .
**Responsibilities and basis of report**
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
9
## **Baig Welfare Foundation**
## **Receipts and Payments Accounts for the year ended**
## **31[st] December 2023**
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
10
## **Baig Welfare Foundation**
## **Receipts and Payments Accounts for the year ended**
## **31[st] December 2023**
**----- Start of picture text -----**
Charity Name No (if any)
Baig Welfare Foundation 1175745
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/01/2023 31/12/2023
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 68,736 - - 68,736 75,911
Gift aid - - 443
Rental income 5,240 - - 5,240 3,600
Sub total (Gross income for
73,976 - - 73,976 79,954
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 73,976 - - 73,976 79,954
A3 Payments
Accountancy fees 550 550 475
Annual return 225 225 150
Bank charges 74 74 75
Grants to organisations 171,420 - - 171,420 32,250
Independent examination 300 - - 300 500
Poverty relief 234
Insurance/coverage 819 819 121
Sub total 173,623 - - 173,623 33,571
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - - -
Total payments 173,623 - - 173,623 33,571
Net of receipts/(payments) - 99,646 - - - 99,646 46,383
A5 Transfers between funds - - - - -
A6 Cash funds last year end 162,321 - - 162,321 115,938
Cash funds this year end 62,674 - - 62,674 162,321
**----- End of picture text -----**
11
## **Baig Welfare Foundation**
## **Receipts and Payments Accounts for the year ended**
## **31[st] December 2023**
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**|**Details**||**Unrestricted**
**funds**||**Restricted**
**funds**||**Endowment**
**funds**|
|---|---|---|---|---|---|---|---|
||||**to nearest £**||**to nearest £**||**to nearest £**|
|**B1 Cash funds**|HSBC bank||**55,154**||**-**|||
||Cash account||**7,520**||**-**|||
||||**-**||**-**||**-**|
||**_Total cash funds_**||**62,674**||**-**||**-**|
||(agree balances w ith receipts and payments
account(s))||OK||||OK|
||||**Unrestricted**
**funds**||**Restricted**
**funds**||**Endowment**
**funds**|
||**Details**||**to nearest £**||**to nearest £**||**to nearest £**|
|**B2 Other monetary assets**|||**-**||**-**||**-**|
||||**-**||**-**||**-**|
||||**-**||**-**||**-**|
||||**-**||**-**||**-**|
||||**-**||**-**||**-**|
||||**-**||**-**||**-**|
|||||||||
||**Details**||**Fund to which**
**asset belongs**||**Cost (optional)**||**Current value**
**(optional)**|
|**B3 Investment assets**|Property||||**-**||**250,000**|
||||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
|||||||||
||**Details**||**Fund to which**
**asset belongs**||**Cost (optional)**||**Current value**
**(optional)**|
|**B4 Assets retained for the**
**charity’s own use**|||||**-**||**-**|
||||||**-**||**-**|
||||||**-**||**-**|
|||||||||
||**Details**||**Fund to which**
**liability relates**||**Amount due**
**(optional)**||**When due**
**(optional)**|
|**B5 Liabilities**|||||**-**|||
||||||**-**|||
||||||**-**|||
||||||**-**|||
||||||**-**|||
|||||||||
12
**Baig Welfare Foundation**
## **Receipts and Payments Accounts for the year ended**
## **31[st] December 2023**
## **Notes**
## **Grants to organisations**
|Al-Khair Foundation
Al-Wahab Foundation
Arrahma Foundation
Azad Welfare Trust
Darul Uloom
Earlsheaton As-Sabeel Trust
Madresa Miftahul-Uloom
Masjid-E-Heera
One Nation
Ummah Welfare Trust
**TOTAL**|£45,000
£10,000
£100
£10,250
£150
£300
£120
£500
£90,000
£15,000
**£171,420.00**|
|---|---|
13