BANO WELFARE TRUST
Unaudited Trustees’ Report and Financial Statements For the period 1 April 2022 to 31 March 2023
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Trustees’ annual report (including Directors’ report) for the period
From: 1[st] April 2022
To: 31[st] March 2023
Charity name: BANO WELFARE TRUST
Charity registration number: 1178600
Company number: CE014269
Objectives and activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objective of the charity as set out in its governing document is to relieve financial hardship, distress, and suffering among orphans, poor people, victims of natural and man-made disasters, and other people in need. Provide education to the poor. To relieve sickness and preserve good health among persons in need. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The objective of the charity as set out in its governing document is to relieve financial hardship, distress, and suffering among orphans, poor people, victims of natural and man-made disasters, and other people in need. Provide education to the poor. To relieve sickness and preserve good health among persons in need. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | In setting objectives and planning undertakings the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance ‘Public benefit: running a charity (PB2)’. |
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Achievements and performance
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The charity has successfully helped a lot of people in need. People are able to get free food from the charity’s food bank. People donate small amounts to the charity which is then utilised to run these food banks. The food is mostly available to the people who are unable to afford meals. There have been cases where donors have come together and raised money for a special case i.e. some in need during a medical emergency and can’t afford treatment. |
|---|---|---|
Financial review
| Financial review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity only uses available cash in bank to carry out its activities and has no liabilities hence the financial position of the charity seems stable. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The charity carries forward sufficient reserves to cover all anticipated financial commitments. Working within the guidelines established by the constitution the Trustees will determine what use to make of these funds |
| Amount of reserves held | Para 1.22 | The charity held reserves of £504 at the period end. |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | The Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For that reason they continue to adopt the going concern basis in preparing the financial statements. |
Structure, governance and management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document: for example,trust deed, memorandum and articles of association etc |
Para 1.25 | Charitable Incorporated Organisation (CIO) |
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How is the charity Para 1.25 The charity is registered with the Charity
constituted? Commission as a Charitable
for example limited company, Incorporated Organisation (CIO), dated 01
unincorporated association, June 2018 approved by the Charity
CIO Commission
Trustee selection methods Para 1.25 The management of the charity is the
including details of any responsibility of the existing Trustees who
constitutional provisions e.g. appoint new Trustees as designated under
election to post or name of the terms of the constitution.
any person or body entitled
to appoint one or more
trustees
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Reference and administrative details
| Charity name | BANO WELFARE TRUST |
|---|---|
| Registered charity number | 1178600 |
| Charity’s principal address | 29 MANOR ROAD LONDON E10 7AL |
Names of the charity trustees who manage the charity
| 1 2 3 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| SHAHNAZ MEHMOOD |
||||
| SAAD HASAN MEHMOOD |
||||
| MIAN ARSHAD MEHMOOD |
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Declarations
The company has taken advantage of the small companies’ exemption in preparing the report above.
The trustees declare that they have approved the trustees’ report (including directors’ report) above.
Signed on behalf of the charity’s trustees/directors
Signature(s) Full name(s) SHAHNAZ MEHMOOD Position (for example Chair Secretary, Chair, etc) Date 22-04-2024
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BANO WELFARE TRUST
Statement of financial activities
For the period 1 April 2022 to 31 March 2023
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Unrestricted Total
Notes Funds Total Funds Total Funds
2023 2023 2022
£ £ £
Income
Donations 1 1,525 1,525 5,015
1,525 1,525 5,015
Expenditure
Direct Costs 2 2,343 2,343 3,745
Total Expenditure 2,343 2,343 3,745
Net Receipts/(Payments) - 818 - 818 1,270
Cash funds at start of period 1,322 1,322 52
Cash funds this period end 504 504 1,322
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BANO WELFARE TRUST
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Balance sheet
For the period 1 April 2022 to 31 March 2023
Notes 2023 2022
£
Current Assets
Cash at bank 3 504 1,322
Net current assets as unrestricted funds 504 1,322
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The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by
SHAHNAZ MEHMOOD
Chair
22 April 2024
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BANO WELFARE TRUST
Notes to the Financial Statements
For the period 1 April 2022 to 31 March 2023
- Analysis of income from donations
2023 £ Donations 1,525
Donations were raised in small amount from different donors.
- Analysis of Direct Costs
2023 £ Direct Costs 2,343
Direct costs is the total money which was spent to carry out the charity’s activities.
- Analysis of Current Assets
2023 £ Cash at bank 504
Cash at bank is the total money available in the charity’s bank at the period end.
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End of report.