2024-03-31-accounts - Syed Foundation

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Trustees' Annual Report for the period

	Period start date	Period start date			Period end date	Period end date
	Day	Month	Year		Day	Month	Year
From	01	04	2023	To	31	03	2024

Section A Reference and administration details

Charity name Other names charity is known by Registered charity number (if any) 1177105

SYED FOUNDATION

Charity's principal address 31 HOLMFIELD AVENUE

31 HOLMFIELD AVENUE	31 HOLMFIELD AVENUE

LEICESTER

Postcode	LE2 2BG

Names of the charity trustees who manage the charity

1 2 3 4 5 6	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	SYEDUR RAHMAN
	ANAMUL HAQUE
	MOHAMMED SAMAD UDDIN
	MOHAMMED ABDUN NOOR
	AKLASUR RAHMAN CHOWDHURY

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

TAR

March 2012

Section B Structure, governance and management

Description of the charity’s trusts

CONSTITUTION Type of governing document (eg. trust deed, constitution) CHARITABLE INCORPORATED ORGANISATION (CIO) How the charity is constituted

(eg. trust, association, company)

TRUSTEE MAJORITY Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

(1)

TO RELIEVE FINANCIAL HARDSHIP, DISTRESS AND SUFFERING AMONG POOR PEOPLE AND OTHER PEOPLE IN NEED BY MEANS OF, BUT NOT EXCLUSIVELY, MAKING GRANTS OR LOANS FOR PROVIDING OR PAYING FOR ITEMS, EQUIPMENT, SERVICES AND FACILITIES, INCLUDING THE PROVISION OF FOOD, CLEAN WATER, SANITATION FACILITIES AND ACCOMMODATION FOR THE BENEFIT OF THE SAID PERSONS;

(2)

TO ADVANCE EDUCATION FOR THE BENEFIT OF THE POOR, THE Summary of the objects of ILLITERATE AND THE GENERAL PUBLIC BY MEANS OF, BUT NOT the charity set out in its EXCLUSIVELY, THE PROVISION OR ASSISTANCE IN THE PROVISION governing document OF EDUCATIONAL RESOURCES, EQUIPMENT, ACTIVITIES AND FACILITIES, SUCH AS SCHOOLS, LIBRARIES AND VOCATIONAL TRAINING CENTRES;

(3)

TO ADVANCE IN LIFE AND RELIEVE NEEDS OF YOUNG PEOPLE THROUGH:

(A) THE PROVISION OF RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE; (B) PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP

TAR

March 2012

THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS.

(4)

TO ADVANCE THE RELIGION OF ISLAM, BY MEANS OF, BUT NOT EXCLUSIVELY, PROVISION OR ASSISTANCE IN THE PROVISION OF FACILITIES FOR ISLAMIC EDUCATION AND ISLAMIC COUNSELLING IN ACCORDANCE WITH THE TEACHINGS OF THE QURAN AND SUNNAH OF THE PROPHET MUHAMMAD (PEACE AND BLESSINGS BE UPON HIM).

Summary of the main DURING THE YEAR, THE TRUSTEES MANAGED TO SECURE activities undertaken for the DONATIONS WHICH ALLOWED THE CHARITY TO MAKE A GRANT public benefit in relation to TO AN EDUCATIONAL INSTITUTE TO SUPPORT ITS RUNNING these objects (include within COSTS. this section the statutory declaration that trustees THE TRUSTEES HAVE HAD DUE REGARD TO THE GUIDANCE OF have had regard to the THE CHARITY COMMISSION ON PUBLIC BENEFIT AND ARE guidance issued by the SATISFIED THAT THEY ARE ACTING IN ACCORDANCE WITH Charity Commission on THAT GUIDANCE AND ARE MAKING A REAL DIFFERENCE FOR public benefit) THE BENEFIT OF THE PUBLIC.

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

Summary of the main DURING THE YEAR, THE TRUSTEES MANAGED TO SECURE achievements of the charity DONATIONS WHICH ALLOWED THE CHARITY TO MAKE A GRANT during the year TO AN EDUCATIONAL INSTITUTE TO SUPPORT ITS RUNNING COSTS.

Section E Financial review

THE TRUSTEES SECURED INCOME OF £8,149 FROM GENEROUS Brief statement of the DONORS AND HAD EXPENDITURE OF £1,810 OF WHICH THE charity’s policy on reserves MAJORITY WAS GRANTS (£1,000). THIS GENERATED A SURPLUS OF £6,339 WHICH WAS ADDED TO PRIOR YEAR SURPLUSES. TOTAL SURPLUS FUNDS HELD WERE £8,793. THESE WERE UNRESTRICTED DONATIONS AND THE TRUSTEES DO NOT HAVE A POLICY OF RETAINING RESERVES, BUT ALL SURPLUSES WILL BE USED FOR FUTURE CHARITABLE PROJECTS AND ADMINISTRATION COSTS. THE TRUSTEES HAD THE LIABILITIES OF THE PROFESSIONAL COSTS FOR THE YEAR WHICH WILL BE PAYABLE IN THE NEXT YEAR.

TAR

March 2012

Detalls of any funds materially in deficit Further finan¢ial review detsils (Optional information) You may Choose to include additional information, where relevanl about.. the charitys principal sources of funds (including any fundraisingl., how expenditure has supported the key objectives of the charity., investment policy and objectives including any ethical investment policy adopted. Section F Other optional information Section G Declaration The trustoes declare that they have approved the trustees. report above. Signgd on behalf of tho charitsvs trustees Slgnaturel51 Full namels) Posltlon {eg Secretary, Chair, etcl SYEDUR RAHMAN CHAIRMAN Date 1410112025 TAR March 2012

Charity Name		No (if any)
SYED FOUNDATION		1177105
Receipts andpayments accounts			CC16a
For the period from	01/04/2023 Period start date	31/03/2024 Period end date To

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 8,149 - - - - - - - 8,149 - - 8,149 1,000 194 616 - - - - - - - - 1,810 - - - - 1,810 6,339 - 2,454 8,793	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 8,149 - - - - - - - 8,149 - - - 8,149 1,000 194 616 - - - - - - - - 1,810 - - - 1,810 6,339	Last year to the nearest £
Donations	8,149				8,500
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	8,149				8,500

A2 Asset and investment sales, (see table).
					-
	-				-
~~*Sub total*~~	-				-
*Total receipts* A3 Payments
					8,500

Grants	1,000				12,200
Bank Charges	194				191
Website Costs	616				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-
	-
	-				-
**Sub total **	1,810				12,391

A4 Asset and investment purchases, (see table)
	-				-
	-				-
	-				-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					12,391

	6,339	-		6,339	- 3,891
	-	-		-	-
	2,454	-		2,454	6,345
	8,793	-		8,793	2,454

Page 1

R&P Accounts

Section B Statemenl of assets and liabilities at the end of Ihe period Unrestricted funds io neare$t £ Restrlcted funds to £ Endowrn8nt funds to tlOB*eJt£ 81 Cash funds Cayh at nk and hand 1,793 Total cash funds 6,793 511 Unrestrlct8d fijnds lo n94r••t £ R•strlcted funds Endowm•nt fund5 to nt£ Dètails Fund to which asset bal¢ Cufr•ntv¥lue Oetalls CoJt I0nl B3 Investmgnt assets Fund to whl¢h 41Sèt belo Details Coit lopllonoll tUrntVIyQ B4 Assets retained for thè eharitys own use tL¥whlch r•l•l•B Arnount du• Whtn due Detslls ActnanCY21?o2? B5 Llabillties General Acc2024 General 600 Slyned by one or two trustees on behawof all the Iwslees Date of roval Signature Print Nam8 S dur Rahman 1410112025 Page 2 R&P Accounts