Charity number. 1176735 Company number. 1176735 (England and Wales) Banyan Tree Trust Report of Ihe Trustees and Unaudited Financial Statements For the yaar ended 31 March 2024 Banyan Tree Trust Contents Page For the year ended 31 March 2024 Rel￿ ofthe TrLtstees statement of Financial ActMlle8 statement of Fin8n¢ial Position Notes tothe Financial Statements 4107 Detailed Statement of Flnanclal Actlvllle8 Bany8n Trea Trust Report of the Trustees For the year ended 31 March 2024 The TrI￿te8S, vkno org abo directors for the purposes of company law, have F4ea8ure In pre8enllng Ihelr report 8rKJ the financial statements for the charitable company for the year ended 31 March 2024. The Trustees have adopted the provsions ol Accounting and Repth'ng by Charities.. Statement of Recommendod Pracllce applicable lo charrties preparing their accounts in a¢cordance wth the Financtal Reportiro Sto￿ard appllcable In UK and Ihe RepuNic of Ireland IFRS 1021 (effective 1 January 20191. 08JECTIVES AND ACTIVITIES ObJectlve$ and alms The trustee8 have corBKlered the Charity Commision's guidance on publ* benefit. includlng the guidance 'public tenefit.. running a Charfly IPB21'. REFERENCE AND ADMINISTRATIVE INFORMATION Nameof Charlty Charlty reglstratlon numter C¢)mpany ieglstratlon numt Prlnclpal address Banyan Trèè Tru61 1176735 1176735 SuTrJial Surgery SuThJlal Lane Bilmiwham B436PA Tiuitea8 The Iruglees and officws serying duriryJ the year arKI 8lnce the year •nd were ￿ foll¢)￿.. Dr Karen Gf#J$h Dr Roshld Akhlar Elalne W¢)ake8 Indepondfjnt gxamlner• Sigma Chartered Aocounlan18 862-e64 Washwood Heath Ro• waSh￿0d Heath 8lmlngham B8 2NG AFpToved by Ihe Board of Trustees and slgned on Its téhalf by 20 January 2025 Dr R88hkl A(htaf 1018 Banyan Tree Trust Statement of Finanaal Activities (including Income and Expenditure Account) For the year ended 31 March 2024 Unrestrlcted funds 2023 Income and endowmènts from: Oonalions arKI lega￿e$ Totsl 7.550 7.550 7,922 7,922 Expendlture on: Charttable a¢tfvilles Total 314 16.9381 {6.9381 17,8481 17,8481 N•t Income Re¢onclllatlon of fund Total funds brought forvrdrd Total funds carrled forward 612 74 5.083 5.695 5,009 S,083 2of8 R&Jistwed Number.. 1176735 Banyan Tree Trust Statement of Financial Position As at 31 March 2024 Notes 2024 2023 Flxed ajsets Tangible assets 350 350 7CX) Current a68ets Cash at bank and In haThJ 6,101 6,101 1756 5,345 5,695 4.761 4.761 13781 Credltors., amounts falllng due wlthSn ona y￿1 N•t curront assets Total a8sets lèts8 cyrront Ilabllltles 4.383 5.083 Net assots 5,695 5,083 Tho fund8 of th? ¢haflty Unfeslricted income Total funds 10 5,695 5,895 S,083 5,083 For the year ended 31 Mareh 2024 th? company wa8 ant￿led lo èxemFÉlon Irom audll under seclion 477 of the Companles Act 2006 relating lo small companles. The member8 have not r8qulred the company lo otrtaln an 8L>III of Its account8 for the year in question In accordance th seotion 476, The Iru81ee8 aCknow￿dge thèlr re8p)n$ibilities lor COMFI￿r¥J vAth the requlremènt$ of the Ad vAth respect lo accounllng records al￿ the preparatlon ol accounlB. These aexounls have been prèpared in accordance wlh Ihe Ffcwisions appIl￿tIe to companles gubject lo the 8m811 ¢ompanle6' regime. The Nnandal slalements ware apwoved and authorl8ed for198ue by the 808rd and signed on Its ￿hall by.. Dr RashKI Akhlar Trustee 20 January 2025 3of8 Banyan Tree Trust Notes to the Financial Statements For the year ended 31 March 2024 1. Accountlng Pollcles Bas1$ of accountlng The financial statements have been yepared undei the historical cost convenlion. ex¢ept for Investments are ncluded at market value and the revaluation of certain fixed assets and in a¢¢ordance ￿•th the Chartties SORP IFRS 1021'Ac¢ounling and Reporting by Charities: Stslement of Recommeftded Practice applicable to tharrties weparing their aC￿UnIS In accordano ￿￿th the Financial Rep)rtiro Stsndard appliCa￿e in the UK and RepU￿1C of Ireland {FRS 1021 leffeth've 1 January 20191., Financial Reporting Standard 102 the Finan¢ial Reportlng Standaid applicable in the UK and ReFvbli¢ of Ireland IFRS 1021. and the Companies A¢t 2006. Banyan Tree Trust meets the definition of a wbli¢ benefit enlty under FRS 102. Assets and Ilabblrt￿S are inrtialty rec¢)Jnised at historical c05t or transaction value unless Other￿lse stateA in the relevant a¢countir@ Oicy r#￿e[SI. Golng concern 2. In￿￿e from donations and lega¢les 2024 2023 UnrÉstrlcted funds DI￿at￿n$ re¢oNed 7,550 7,9T2 7.550 7.922 3. Cost$ cl charltable actlvltieB by fund type 2024 2023 Unrestrlcted funds Project C¢xts SuFPQrt Costs 6,￿0 378 7.470 378 6.938 7.848 4. Costs of charitablè actlvllles by actlvlty type 2024 2023 Actlvlties undertaken dlrectly Pr¢jecl Costs 6,938 7.848 4of8 Banyan Tree Trust Notes to the Finanoal Statements Conts'nued For the ye8r ended 31 March 2024 5. Analysls of support costs 2024 2023 Goveman¢e 378 378 6. Net Incomellexpendlturel for thè year This is staled after charginglluedilingi.. 2024 2023 Depreciation of ch￿￿ fixed assets ountsncy fees 350 378 378 7. Particulars of employees 2024 2023 Stiff 8. Tanglble fixed assets Plant and Machinery Cosl or valuatlon Additior At 31 Marth 2024 1.750 1,7 Depreclatlon At 01 April 2023 Ch8rge for year At 31 March 2024 Nel book valLWS 1.050 350 At 31 March 2024 350 5of8 Banyan Tree Trust Notes to the Finanaal Statements ￿ltinUed For the year ended 31 March 2024 9. Credltors: amounts falllw due wlthln ong year 2024 2023 Other cre(litors 756 378 378 10. Movement In funds Unrestrkted Funds Balance at Incomlng 0110￿23 resources Outgolng resources Balance at 3110312024 General CA3 16.9381 5,695 (6.9381 5,695 Unrestricted Funds- Previous ye Balano at IneomlrwJ Outwing Balan￿ at 3110312023 General G￿e￿al 17,848) S.083 7.922 17.8481 5.083 PurFX)se of unrestr￿ted Funds General These frjnds are recer¥ed by Banyan Tree Tntst with no ￿￿.￿j[ar Fffeferen￿ expr￿Sed by dorn)rs. 11. Analysls of net assets bolween funds Tanglblè Net current Net Assets Ilxèd assets assets I Illabllltlesl Unrestrlcted funds G8n8ral General 3￿) 5.345 5,69S 350 5,695 6of8 Banyan Trust Notes to the Finanaal Statements Continued For the year ended 31 March 2024 PrevlouB y glble Net¢u￿ent Net Asgets a55ets I Olablllflesl Unrestrlcted funds Gen6rn1 Gen8ral 4,383 7of8 Banyan Tree Twst Detailed Statement of Finanaal Actiwties For the year ended 31 Marth 2024 2024 2023 INCOME AND ENDOWMEMr Donatlons and legacios Donatior 7,922 Total Incomlng re%￿rCeS EXPENDITURE Charltable activltles Cost ol direct charTiaLle activity 16,5601 17,4701 16.5601 17.4701 SUPPORT COSTS G4y4ernance costs 13781 13781 1378} 1378} Total resources expended 16,938) 17,8481 Net Ir￿orne 612 74 8of8 Th￿ nc4 I￿rn part ofthe staut¢Ny finanoal $￿teM￿ts CHARITY COMMISSION FOR ENGLAND AND WALES Trustees. Annual Report for the period From Period 0110412023 To Period 3110312024 Charity name: Banyan Tree Trust Charity registration number: 1176735 Objectives and Activities Summary of the purposes of the charity as S￿ out in its governing documenl rd 1.17 A. For the public benefit to promole & provid¢ education for young ￿0p1¢ 28¢d under the age of 25 years in a hool setting. within deprived countries to individuals in poverty lo 1st in such a way Banyan Tree Trust charity ihink fit & includes advancing educaiion of persons by developing their mental, physic81 & mornl capabilities. B. The prevention & Relief of wverty in deprived countries around tlie ivorld by providing medical aid, food parcels. access to clean drinking water & working in partnership wilh other charilies to prevent & relieve Frf)verty. C. For th¢ public benefit lo tElieve the suffering of donkeyslanimals iii need of care. attenlion and in particular to provid¢ and maintain a Donkey Sanctuary for care and treatment of the animals. Summary of the main activities in relation lo thos¢ purposes for the public benefiL in particular. the activities, projects or services identified in the accounts. PaTa 1.17 and Providing Educational Facilities. ProvidL provisions of facilities for social welfare. Making grnnts available for the relief of v¢rty. Staiement confirniin8 wheiher the trustee5 have had re8ard to th¢ guidance issued by the Charity Commission on public benefit All trustees. have regarded the gjuidance issued by the charity commission on publi¢ benefit. Additional infom)ation (optioftal) You may choose to include further statem¢nts where relevant about: SORP ￿re￿¢t Policy on grant making IJ8 Policy on s(xial investhient including progrdm related investment p￿ IJ8 Contribution made by volunteers P4rn 1.38 Other Achievements and Perforniance l )W¢ hov¢ esiablished a school in the of Chakswari-(Mirpur IA.K)which has now beeii runninb7 for aknut 6 years. It is a 5 classroom school providin8 education from Re¢epiion year upto year 8 of ilie Pakistani education system. Currently we liave about 1 So children ivho attend ihis school. On¢ child has noiv prO8￿$S¢d onto senior 5cliool to undertake lier Matriculation exams -we have SuppOrtL￿ her financially by payinb? her school fees. We are slowly improving reSoUr￿S and facilities, which include computer ¢lasse4 internei and more use of spoken Englis11. We hAve now begun extra classes to teacli children computer skills and sewing. We are also improving basic classr(M)ni facililies -which includes boundary wall& toilet facilities, cooling syst¢m and cold drinking water . This has beeii our main focus tliroughout tllis period as we wish io make a r¢81 impacl into the lives of people. We have established on-line leaming-iiiostly to iinprove understandiiigi of Engli511 and its prgclical use. This is basically a sei up of a Inedia scr¢¢ii iii one ofihe classrooms 4ind allowiiig children to access fonnal Eng?lish leaniiiig le550115 Post pandemic. we are wot*in8 closely with local educational officers to follow guidelines with openin￿clOs1ng times, as well as nny other restrictions advised. Summary of the main achi¢v¢ments of the cliarity, identifyin8 the difference Ihe cliarity's work has made to Ihe circumstances of its beneficiaries and any wider benefits io society as a whole. ra 1.20 2) As in P￿viOLiS years, we continue to feed around 150-200 peopl¢ once a month -111¢ food, ready cooked by a lo￿1 vendor, for wlii¢h we pay. is brought onto the sclii)ol pretniscs where it is distribured io ihe cli11d￿n and any local poor person. We coii1inu¢ lo provide food parcels asivell a% cooked food to Iliosc we liave ideiitifiecl as beiii needy, ii) th¢ locality. We try io mainlaiii and date our list of poor families. 3)We work closely with oih¢r ¢1iorilies- previously we worked with KADECT {British based chartty) however as their fun¢lioning 8rndually winded down. we have SeI￿led another British based charity which supports Children with hearing and speech impaim)¢nt in a place called Baffa, mansChr￿ in the district of KPK Paki￿an. 4)Animal sanctuary and support r¢maii) on our agenda of thing5 to do. Current economic and political environmenl of the country rcstrict us from proceedinbF funher. 5) we have purchased dialysis machines and senl them over-six machines have now teached Pakistsn and are in storage.wc are working closely with loc81 nursing and meMJical te8ms lo lry and establish a Dialysis ceiiire. -we are in dI￿us$l0n witli Medic￿eCI)n1CianS and have chosen a site in the city of Haripur for the sertin8 up of this Dialysis centre. However progression Is very 51ow-as we are un8hle to locate a suiiable sile-and ilie current so¢io- economic climate do not allow movemeni ai any ￿nSiderable speed unfortunately. Some progress has been made since last year- we ¢urrcnily have a verbal 8grcem¢nl iviih a Doctor ond Tcchnician. And are aiminbj lo liave written a8recin¢nl's in place by S¢pi 20?4.A loeatioii has 5e1cci￿ for Ilic iicw l)ialysis Cenlre . Addilional information (optional) You ma choose to include further statements where relevant about.. Achiev¢m¢nts again objeeiiv¢s s Pth¥l.41 Perfonnance of fundraising activilies against objectives set Inv¢stm¢nl p¢rforniance againsl objectives 1.41 Other Financial Review Review of the charity's financial position al the end of the eriod Statement explaining the policy for liolding reserves statin&F why they h¢ld Amount of reserves held Reasons for holding zero setves P•ral.21 The charity had reserves of £5,695. The bank balance wa5 £6,101 which is surplus to cover 1.5 months of liabilities. Parn 1.22 PJra 1.22 £5,695 reserves lield. Para 1.22 Details of fund materially in deficit Explanaiion of any uncertainlies about die charity continuing as a 8oin8 concern Parn 1.24 Pir8 1.23 Additional inforniaÉion (oplional) You may choose to include furtl)er staiements where relevant about: The charity's principal sources of funds (including any fundraising) Pjrn 1.47 Investment policy and objectivcs including any social investment policy adopted Para 1.46 A description of the prii)cipal risks facing tlie charity Pgro 1.46 Other Structure. Governance and Management Description of ¢l)arity's trusts: The cliarity trustees managle the affairs of the CIO and exercise all the powers of the CIO. Type of governing document Psrn 1.25 Consliiution. How 15 tlie charity conslituled? Pan 1.25 cio Trustee selectioii methods including details of any constitutional ptY)visions e.g. election to post or name of any person or body entitled to appoint one or Inore trustees 1.25 Every charity trustee must be a natural persoii. No individual may be appointed as a charity trustee of the CIO if he or she is under the age of16 years. No one is enlitl¢d lo act as a cliarity trustee whether on appointment or on any re-appoinlment until he or she has expressly acknowledged, in wl)atever way the charity trusl¢es decide. liis or her acceptance of tlie olTice of charity tnistee. Additional infonnation (oplional) You may choose to include fiirtlier $taiements where r¢levant about.. Policies and procedures adopted for the induction and training of trustees Paral.51 The charity's organisational structur¢ and any wider network Ivith whicl) the charity works Vthra 1.51 R¢lationsliip willi any related parties Parnl.51 Other Reference and Administrative details Charity name Other name the charity uses Registered charity number Charity's principal add¢Ess Banyark Tre¢ Trust 1176735 265 Old Wals811 Road Great Barr Binningham B421HY Names of the charity trustees who mana8e the charity D*¢$ aLxa ifm wl¥)k' yc Tru4ee n8me oiritt lif•y} Name lor h)dyl eniiiled 10 ini 1ft￿￿e lifan Trustee -Ivl)o Can appoint otlier5 Dr Rashid Akhtar Chair Dr Karen Ghosh Ms Elaine Woake5 10 12 13 14 16 17 18 19 20 rale trustees- names of ihe directors at the date the L)ir¥¢ior rtwasa roved Name of trustees holdirtB litle to property belon8ing lo th¢ charity TruxLY rwne D*e5 If￿ wlK)le Dr Rashid Akhtsr Funds held as custodian trustees on behalf of others Description of the assets h¢ld in this capacity Name and objeets of Ili¢ cliarity on whose behalf the assets are heSd and liow this falls witliin the ciistodian charity's objects Details of 8rran8emenls for safe custody and segregation of such assets from the charity's own assets Additional inforniation (optional) Names ai)d addresses of advisers (Optional infomlation) Type of Name Addres5 adviser Name of chief executive or names of senior staff members (O tional information) Exemptions from disclosure Reason for non-disclosure ofk ersonnel details Other optional information Declarations The trustees declare that they have approved the trustees. report above. Si8ned on behalf of the charity's trustees Si8naturels) Full nam4s) Position (eg Secretary, Chair. et¢) Dr Rashid Akhtsr Chair 2010112025