**Charity number: 1176932 Company number: CEO13095**
## **Three Meem Foundation**
**Trustees' report and financial statements**
**for the year ended 31 December 2023**
## **Three Meem Foundation**
## **Contents**
||**Page**|
|---|---|
|Legal and administrative information|**1**|
|Trustees report|**2 - 3**|
|Independent examiners' report|**4**|
|Statement of financial activities|**5**|
|Balance sheet|**6**|
|Notes to the financial statements|**7 - 9**|
## **Three Meem Foundation**
## **Legal and administrative information**
|**Charity number**|1176932|
|---|---|
|**Company registration number**|CEO13095|
|**Business address**|2 Hexham Close|
||Sale|
||Cheshire|
||M33 4UZ|
||0161 282 2964|
|**Registered office**|2 Hexham Close|
||Sale|
||Cheshire|
||M33 4UZ|
||0161 282 2964|
|**Trustees**|Tariq Razzaq|
||Fozia Tariq|
||Abdul Basit Hashmi|
|**Secretary**|Dr F Tariq|
|**Accountants**|Nabaily Young UK Ltd|
||334 Slade Lane|
||Manchester|
||M19 2BL|
|**Bankers**|Barclays Bank UK PLC|
||Stockport|
||Leicester|
||LE87 2BB|
**Page 1**
## **Three Meem Foundation**
## **Report of the trustees for the year ended 31 December 2023**
The trustees present their report and the financial statements for the year ended 31 December 2023. 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**
The Charity is constituted under 2007 constitution registered with the Charities Commission under Number 1176932. The Trustees have responsibility for the overall management and operation of the charity.
## **Objectives and activities**
Three meem Foundation's objectives as stated in it's memorandum are to work for therelief ofpoverty, improvement of health care facilities, advancement of education and emergencyrelief inany part of the world especially in the under developed countries.
Three Meem foundation works for emergency relief, relief of poverty, advancement of education,skills training, provision of clean water, healthcare, income generation projects and helping thehomeless. We are also working on establishing an Islamic community centre in Sale.
## **Achievements and performance**
This year, the charity has made significant strides, expanding its activities in line with its vision and catering to all age groups. Our primary focus is on developing activities for women and the youth. Our flagship programme of Health and wellbeing is reaching out to wider community. As we look ahead, the Three Meem Foundation remains committed to enhancing our community through various projects and forming partnerships with other organisations. We hold monthly community meetings to facilitate connections among community members and provide networking opportunities for families. In collaboration with other organisations such as the Rotary Club, Trafford Leisure, Trafford Council, and Sale West, we strive to maximise the benefits to our community.
## **Financial review**
The chairman, honorary ofiicers and exective comittee have reviewed the reserves of the charity.Their policy is continues to be that enough funds should be held to meet operating costs of the "Three MeemFoundation"
## **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;
- 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.
**Page 2**
## **Three Meem Foundation**
## **Report of the trustees for the year ended 31 December 2023**
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
Dr F Tariq **Secretary**
**Page 3**
## **Three Meem Foundation**
## **Independent examiner's report to the trustees on the unaudited financial statements of Three Meem Foundation.**
I report on the accounts of Three Meem Foundation for the year ended 31 December 2023 set out on pages 2 to 9.
## **Respective responsibilities of trustees and independent examiner**
As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act), as amended by section 28 of the Charities Act 2006 does not apply and that an independent examination is needed. It is my responsibility to examine the accounts under section 43(3)(a) of the Act, as amended; to follow the procedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, as amended; and to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
(i) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep proper accounting records in accordance with section 41 of the Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
- (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Independent examiner**
**Page 4**
## **Three Meem Foundation**
## **Statement of financial activities**
## **For the year ended 31 December 2023**
|**Unrestricted**
**funds**
**Notes**
**£**
**Incoming resources**
Incoming resources from generating funds:
Voluntary income
2
82,926
Incoming resources from charitable activities
3
21,580
**Total incoming resources**
104,506
**Resources expended**
Purchases
33,036
Establishment costs
14,301
Legal and professional fees
3,195
Communications and IT
301
Other office expenses
1,770
Donations - Other expenses
48,057
**Total resources expended**
100,660
Total funds brought forward
52,788
**Total funds carried forward**
56,634|**2023**
**Total**
**£**
82,926
21,580
104,506
33,036
14,301
3,195
301
1,770
48,057
100,660
52,788
56,634|**2022**
**Total**
**£**
73,450
-|
|---|---|---|
|||73,450|
|||-
14,046
2,900
1,425
4,445
59,793|
|||82,609|
|||48,942|
|||39,783|
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 pages 7 to 9 form an integral part of these financial statements.**
**Page 5**
## **Three Meem Foundation**
## **Balance sheet as at 31 December 2023**
|**Notes**
**Current assets**
Debtors
5
Cash at bank and in hand
**Net current assets**
**Net assets**
**Funds**
6
Unrestricted income funds
**Total funds**|**2023**
**£**
**£**
26,180
26,608
52,788
52,788
52,788
52,788
52,788|**2022**
**£**
**£**
26,180
22,762
48,942
48,942
48,942
48,942
48,942|**2022**
**£**
**£**
26,180
22,762
48,942
48,942
48,942
48,942
48,942|
|---|---|---|---|
||||48,942|
||||48,942|
||||48,942|
The financial statements were approved by the trustees on and signed on its behalf by
## **Tariq Razzaq Trustee**
**The notes on pages 7 to 9 form an integral part of these financial statements.**
**Page 6**
## **Three Meem Foundation**
## **Notes to financial statements for the year ended 31 December 2023**
## **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. Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
## **1.4. 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.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.
**Page 7**
## **Three Meem Foundation**
## **Notes to financial statements for the year ended 31 December 2023**
## **2. Voluntary income**
|**Unrestricted**
**funds**
**£**
Donations
82,926
82,926
**3.**
**Incoming resources from charitable activities**
**Unrestricted**
**funds**
**£**
Other income from charitable activities
21,580
21,580|**2023**
**Total**
**£**
82,926
82,926
**2023**
**Total**
**£**
21,580
21,580|**2022**
**Total**
**£**
73,450
73,450
**2022**
**Total**
**£**
-
-|
|---|---|---|
## **4. 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:
|
**5.**
**Debtors**
Other debtors|**2023**
**Number**
9
**2023**
**£**
26,180|**2022**
**Number**
9|
|---|---|---|
|||**2022**
**£**
26,180|
**Page 8**
## **Three Meem Foundation**
## **Notes to financial statements for the year ended 31 December 2023**
|**6.**|**Analysis of net assets between funds**|||||||
|---|---|---|---|---|---|---|---|
||||||||**Total**|
||||||||**funds**|
||||||||**£**|
||Fund balances at 31 December 2023 as represented by:|||||||
||||||||-|
|**7.**|**Unrestricted funds**|**At**|||||**At**|
|||**31/01/18**|**Incoming**|**Outgoing**||**31/12/18**||
|||**2023**|**resources**|**resources**|||**2023**|
|||**£**|**£**|**£**|||**£**|
||General Fund|48,942|104,506|(100,660|)||52,788|
**Page 9**
## **Three Meem Foundation**
**The following pages do not form part of the statutory accounts.**
## **Three Meem Foundation**
## **Detailed statement of financial activities**
## **For the year ended 31 December 2023**
|||**2023**|**2023**||**2022**|**2022**|
|---|---|---|---|---|---|---|
||**£**||**£**|**£**||**£**|
|**Incoming resources**|||||||
|**Incoming resources from generating funds:**|||||||
|_Voluntary income_|||||||
|Donations|||82,926|||73,450|
||||82,926|||73,450|
|**Total incoming resources from generating funds**|||82,926|||73,450|
|**Incoming resources from charitable activities**|||||||
|Other income from charitable activities|||21,580|||-|
||||21,580|||-|
|**Total incoming resources**|||104,506|||73,450|
|**Resources expended**|||||||
|**Costs of generating funds:**|||||||
|**Cost of generating voluntary income**|||||||
|_Donations_|||||||
|Donations - Other expenses|48,057|||59,793|||
||||48,057|||59,793|
|_Activity 1_|||||||
|Activity 1 - Establishment - Premises costs|12,982|||12,790|||
|Activity 1 - Establishment - Insurance|330|||330|||
|Activity 1 - Establishment - Other|989|||926|||
|Activity 1 - Professional - Other|3,195|||2,900|||
|Activity 1 - Office expenses - Telephone|301|||1,425|||
|Activity 1 - Office expenses - Other|1,770|||4,444|||
||||19,567|||22,815|
|**Total cost of generating voluntary income**|||67,624|||82,608|
|**Fundraising trading:**|||||||
|**cost of goods sold and other costs**|||||||
|_Fundraising events_|||||||
|Events - Venue costs|33,036|||-|||
||||33,036|||-|
|**Total fundraising trading**|||||||
|**cost of goods sold and other costs**|||33,036|||-|
|**Total costs of generating funds**|||100,660|||82,608|
**Page 11**
## **Three Meem Foundation**
## **Detailed statement of financial activities**
## **For the year ended 31 December 2023**
|**Charitable activities**
**Governance costs**
_Activities undertaken directly_
Office expenses - Other
**Total governance costs**
**Net incoming/(outgoing) resources for the year**|**2023**
**£**
-
-
-
3,846|**2022**
**£**
1
1
1
)
(9,159|
|---|---|---|
**Page 12**