CHARITY REGISTERED NUMBER: 1177143 ENGLAND AND WALES
AL SAHARA EDUCATIONAL & WELFARE TRUST REPORTS OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2023
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AL SAHARA EDUCATIONAL & WELFARE TRUST CONTENTS OF FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2023
| PAGE | |
|---|---|
| CHARITY INFORMATION | 2 |
| TRUSTEE REPORT | 3, 4 |
| STATEMENT OF TRUSTEES RESPOSIBILTIES | 5 |
| INDEPENDENT EXAMINERS REPORT | 6 |
| RECEIPTS AND PAYMENTS ACCOUNT | 7 |
| STATEMENT OF ASSETS AND LIABILITIES | 8 |
| NOTES TO THE ACCOUNT | 9, 10 |
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AL SAHARA EDUCATIONAL & WELFARE TRUST CHARITY INFORMATION FOR THE YEAR ENDED 31st MARCH 2022
TRUSTEES:
Mr Asif Mahsood (Chair) Mr Khurram Rashid (Trustee) Mr Kamran Rashid (Trustee)
REGISTERED OFFICE 18 Sandpiper Mews Bradford BD8 0RG CHARITY NUMBER 1177143 ACCOUNTANTS Xpert Accountants Ltd Chartered Certified Accountants 671 Manchester Road Denton, Manchester M34 2NA BANKERS Barclays Bank UK PLC
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AL SAHARA EDUCATIONAL & WELFARE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2023
The trustees present their report for the year ended 31st MARCH 2023.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity was formed and registered with the charity commission by the trustees on 13 February 2018.
The Trustees have assessed the major risks to which charity is exposed, in particular those relating to the operations and finances of the charity, and believe effective insurance, checks, controls and procedures are in place to mitigate those risks.
The Trustees meet regularly to attend legal and administrative affairs of the Charity, to review and set policy and to establish long term strategies for the charity.
The trustees hold the powers of appointing and removing trustees.
OBJECTIVES AND ACTIVITIES
To promote the benefit of people living in underdeveloped areas of Pakistan, and particularly but not exclusively Azad Kashmir, by:
(A) To Promote For The Benefit Of The Inhabitants Of Azad Kashmir, The Provision Of Facilities For Recreation Or Other Leisure Time Occupation Of Individuals Who Have Need Of Such Facilities By Reason Of Their Youth, Age, Infirmity Or Disablement, Financial Hardship Or Social And Economic Circumstances Or For The Public At Large In The Interests Of Social Welfare And With The Object Of Improving The Condition Of Life Of The Said Inhabitants.
(B) To Advance The Education And Preservation Of Health Of The Pupils Of Pakistan and Azad Kashmir By The Provisions Of Equipment, Facilities And Such Other Items As The Committee Shall Determine to Schools.
(C) The Group Shall Be Non-Party in Politics and Non-Sectarian. The trustees must use the income of the charity in promoting the objects. Although The fund Were Not Spend During The Year.
The trustees have paid due care to guidance issued by the Charity Commission’s general guidance regarding public benefit and are satisfied that the charity’s objectives and principal activities are for the public benefit. The charity plans to continue and expand the activities outlined above in the forthcoming years.
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AL SAHARA EDUCATIONAL & WELFARE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2023
ACHIEVEMENTS AND PERFORMANCE
The Trustees have organised several fundraising events across the country and raised funds as well as increased awareness of the scale of the challenges and deprivation that exist in Azad Kashmir and Pakistan.
Financial Review
The charity has prepared its accounts on cash and receipt basis and covers a twelve months period.
The main funding sources for the charity are charitable donations from the public and during the year, £2240.00 has been raised through donations.
The charity’s aim is to disburse all the funds at its disposal for the benefit of the recipients. Most of the Overheads are met personally by the trustees and currently no unexpected expenditure is likely. Currently, therefore, there is no need to allocate funds towards creating and maintaining a reserve.
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AL SAHARA EDUCATIONAL & WELFARE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2023
RESPONSIBILITIES OF TRUSTEES
The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its surplus and deficit for that period, in preparing those accounts, the Trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Make judgments and estimates that are reasonable and prudent;
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State whether applicable accounting standards and statements of recommended practice have been followed, subject to any 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 this basis applies.
The Trustees are responsible for ensuring proper accounting records are maintained which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees may, in respect of any accounting year, elect under s133 charities Act 2011 to prepare – (a) a receipts and payments account, and (b) a statement of assets and liabilities, instead of a statement of accounts under section 132 (1) Charities Act 2011 if gross income in any financial year does not exceed £250,000.
DECLARATION
The Trustees declare that they have approved the Trustees’ report above.
.............................................. Signed: Mr Asif Mahsood
Chairman & Trustee
Date 22 January 2025
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AL SAHARA EDUCATIONAL & WELFARE TRUST INDEPENDENT EXAMINER REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2023
I report on the accounts of the charity for the year ended 31 March 2023 which are set out on pages 7 to 10.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The charity’s Trustees are responsible for the preparation of the accounts.
The charity’s Trustees consider that audit is not required for the period under section 144 of the Charities Act 2011 and that independent examination is needed.
It is my responsibility to:
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Examine the accounts under section 145 of the Charities Act;
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To follow the procedures laid down in the General Direction 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.
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To state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER’S STATEMENT
My examination was carried out in accordance with 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 explanation from the 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
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. Which gives me reasonable cause to believe that in, any material respect, the requirements:
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To keep accounting records in accordance with section 130 of the Charities Act; and
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To prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have been met,
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To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Xperts Accountants Ltd Chartered Certified Accountants 671 Manchester Road Denton, Manchester M34 2NA Phone: 0161 224 0234
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AL SAHARA EDUCATIONAL & WELFARE TRUSTRECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31st MARCH 2023
| Unrestricted | |||
|---|---|---|---|
| Fund | |||
| 2023 | 2022 | ||
| Notes | £ | £ | |
| Incoming Resources | |||
| Donations | 2 | 2175.00 | 1470.00 |
| ----------- | ---------- | ||
| 2175.0 | 1470.00 | ||
| ====== | ====== | ||
| Resources Expended | |||
| Direct Charitable Expenditure | 3 | 0 | |
| ===== | ====== | ||
| Net of Receipts/ (Payments) | 2175.00 | 1470.00 | |
| Total Funds Brought Forward | 4918.94 | 3448.94 | |
| ---------- | ---------- | ||
| Total Funds Carried Forward | 7093.94 | 4918.94 | |
| ===== | ====== |
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AL SAHARA EDUCATIONAL & WELFARE TRUST STATEMENT OF ASSETS AND LIABILITIES AS AT 31st MARCH 2023
| Unrestricted | |||
|---|---|---|---|
| Funds | |||
| 2023 | 2022 | ||
| £ | £ | ||
| Fixed Assets | - | - | |
| ---------- | ---------- | ||
| - | - | ||
| ====== | ====== | ||
| Current Assets | |||
| Debtors | - | - | |
| Cash at Bank/ in Hand | 7093.94 | 4918.94 | |
| ---------- | ---------- | ||
| 7093.94 | 4918.94 | ||
| Creditors | |||
| Amount falling within one year | - | - | |
| --------- | ---------- | ||
| Net Current Assets/ (Liabilities) | 7093.94 | 4918.94 | |
| ====== | ====== | ||
| Total Assets less current | liabilities | 7093.94 | 4918.94 |
| Creditors | |||
| Amount falling due after one year | - | - | |
| --------- | ---------- | ||
| Net Assets | 7093.94 | 4918.94 | |
| ====== |
====== | ||
| Reserves | |||
| General Reserve Fund | 7093.94 | 4918.94 | |
| --------- | ---------- | ||
| Total Funds | 7093.94 | 4918.94 | |
| ====== | ====== |
The Financial Statements were approved by the Board of Trustees on 22 January 2025 and were signed on its behalf by:
Asif Mahmsood - Chairman & Trustee
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AL SAHARA EDUCATIONAL & WELFARE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2023
1 Accounting Policies
Basis of preparation
The Accounts have been prepared on receipt and payments basis in accordance with the Charity Commission guidance.
2 Incoming Resources:
The charity raised all its income through donations during the year.
3 Resources Expended:
| £ | £ | £ | |
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| Fund | Funds | Funds | |
| Direct Donations to Other Charity | - | - |
- |
| General Admin |
- | - | - |
| Cargo Charges | - | - | - |
| Hall Bookings | - | - | - |
| Printing & Stationery | - | - | - |
| ----------- | ---------- | ---------- | |
| Total | 0 | - | 0 |
.
4 Income
Income from donations and gifts is only accounted for only when it is actually received.
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AL SAHARA EDUCATIONAL & WELFARE TRUSTNOTES TO THE FINANCIAL STATEMENTS CONTINUED FOR THE YEAR ENDED 31st MARCH 2023
5 Expenditure
Expenses of the Charity are accounted for only when the actual payment is actually made
6 Tangible fixed assets
No tangible Asset during the year.
7 Stock
No stock during the year.
8 Debtors:
No debtors during the year
9 Creditors:
No creditors during the year
10 Trustees:
None of the Trustees received any remuneration during the year.
11 Employees:
There were no employees during the year. The Charity’s work is undertaken by Volunteers.