REGISTERED CHARITY: 1179632 COMPANY NUMBER: CE014930 RIAZ UL KARAM REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 01 JUNE 2021 TO 31 MAY 2022 REFERENCE AND ADMINISTRATIVE DETAILS The trustees. present their report with the financial statements of the charity for the perlod I" June 2021 to 31" May 2022. INCORPORATION The CIO- FOUNDATION was incorporated on 21 August 2018. Registerèd Charity Number 1179632 ReBi5tered Offlce 135 8erkeley Road Birmingham, 825 8NJ Trustees Mr Sakhi Muhamrnad Mr Muh3mmad Qasim Mr Zain ul Abadeen Muhammad Tahir Hussain Chair Truste - appointed 15.06.20 appointed 29.12.21 appointed 01.09.18 appointed 21.08.18 Trustee Trustee Indèpendent Examlner Quba Accountancy LTO 14 Mayne Avenue Luton, Bedfordshire, LU4 9LS STRUCTURE. GOVERNANCE AND MANAGEMENT B03rd of Trustees The Board of Trustees sets our future èlms and priorities ftscu5ing on strategic planning ènd governance and also evaluates our performance and progress in our work to alleviate poverty and suffering. The 8oard of Trustees appraises the Senior Management Teèm ènd can make appointments to it as well as dismissals. The 8oard of Trustees also make sure that we satisfy the regulatory requlrements on us as a charlty and works with key stakeholders. Recruiting and Appointing Trustees All our trustees are volunteer, chosen because they all have the dlverse range of skllls, knowledge and experience that we need to respond to the challenges of today. Stakeholders and partner5 may nominate trustee5 ènd sometimes we will make a personal approach to potential candidates. GO￿rnIng document Riaz ul Karam refers to the charitable incorporated organisation with a governing document known as CIO- Foundatlon by registration originally incorporated on 21 August 2018. Responslbllltles of Trustets The annual report and financlal statements are prepared accordln8 to the relevant law and approved by the trustee5. The trustees keep adequate accountlng records and they show and explaln our transactlons. The records also disclose our financial position with rea50n3ble accuracy at any time ènd enable trustees to ensure that the financial statements comply with Charity Comrnission Statement of Recommended Practice ISORPI 2015. Grant MaklnB Policies We provide grants to pmjects if the request meets our charitable objectives and criteria. Projeet grant making Is managed according to a designated process, which is docurnented in our Operational Risk-managernent Framework. We aim to treat all grant applications professionally, equally and fairly. We make the final decision as to eligibility to receive a grant, at our discretion. Public Beneflt We develop strategic plans to Make certain that we provide rnaximum public benefit and achieve our strategic objectives, which fall under purposes defined by the Charity Act 2(J)6. OBJECTIVES AND STRATEGIC AcfiviTIES FOR THE BENEFIT The objects of the charity are set below.. l. To advance the religion of151am, by means of but not exclusively promoting the teachings and tenets of Islam. provision of facilities for worship and provlsion of facSlltles for Islamlc education in accordance with the teachings of the Quran and Sunnah of the Prophet Mohammad PBUH. 2. To advance education for the benefit of the poor, the underprivileged and the general public by means of but not exclusively, the provision or associates in the provision of scholarships, educational activities and facilities such as schools, librarles and training centres. 3. To relieve financial hardships, distress and suffering among poor people, widows, orphan5, victims of natural or other kinds of disasters and other people in need, by means of but not exclusively, by providing equipment, services and facilities including the establishment of water wells and the provision of food, clothin& accommodation for the said persons. The charitvs actlvltles carrfed out In the year 2022 It brings us immense pleasure to present the Trustees, Annual Report of our charity for the period of 01 June 2021 to 31 May 2022. We are grateful for the support of OL¢r donors. without whom our efforts to make a positive impact on the lives of the underprivileged would not have been possible. Sadaqa.. Sadaqa is a voluntary act of charity aimed at pleasing Allah ISWT) and helping others. With the generous donations from our supporters, we were able to provide aid and relief to poverty- stritken families in need. We implemented several projects, IncludSng- Hand Pumps: Access to clean drinking water remains a significant challenge in many parts of the world, with millions forced to drink unsafe water daily. Our water projects aim to quench the thirst of vulnerable communities and promote health and safety by providing clean water supplies. Wtth the donations we received, we installed hand pumps that produce clean water for drinking, washing, cleaning, and cookinB, transforming the lives of families who previously had to travel miles to fetch water. Wheelchairs: Mobility is crucial for individua15 Wlth disabilities. yet many lack access to good quality wheelchairs. With the help of our donors, we provided wheelchairs to people in need, enablin8 them to move around and carry out their daily activities. Mosque.. Mosques are central to MuslSm communities, providing a space for worship, education, and social gatherinES. However, many deprived communitie5 lack acce5S to proper mosques due to limited resources. With the support of our donors, we helped construct mosques to promote education and pro8ress and foster a sense of community among Muslims. Zakat: Zakat is a powerful pillar of IsSam, requiring Muslims to donate 2.5% of their wealth to help the less fortunate. At Riaz ul Karam, we believe that Zakat can bring about sustainable change for famllles and communities. With the Zakat funds we received, we carried out various projects to uplift the lives of those in need. Qurbani: During Eld-ul-Adha, Muslims commemorate Prophet Ibrahim's virtuous sacrlflce by sacrificing halal animals and distributing the meat to the poor and needy. Riaz ul Karam conducted Qurbani on behalf of our donors, distributing the meat to impoverished communitie5 worldwide. We extend our gratitude to our donors and 5UPPOrters for their generosity and trust in our charity. We remain committed to continuing our efforts to make a positive impact on the lives of the underprivileged in the coming years. Achievements and Perfom)ance We were able to make a difference in the lives of many people with the support of our donors. We installed ILX) water hand pumps in areas suffering from water scarcity, providing clean water to around 800 people. Additionally, we provided cash support to approximately 100 people In need. We distributed 50 wheelchairs to disabled individuals who could not afford a quality wheelchair, improving their mobility and quality of life. We also provided hund￿d$ of families with rations, food items, and cooked meals to alleviate their food insecurity. In an effort to support orphans, we built houses benefiting over 200 orphans. Furthermore, we are currently in the process of constructing mosques that will benefit around 300 people once completed. Flnally, we helped over 200 children continue their studies with zakat. Thanks to our donors, generous contributions, we were able to make a significant impact on the lives of many people in need. All of these efforts and achievements were made possible by the generous contributlons of our donors. Their support and donations allowed us to carry out these projects and provide aid and assistance to those who need it the most. We are truly grateful for their kindness and compassion towards their fellow human beings. With thelr continued support, we hope to make even greater strides towards making the world a better place for everyone. Financial Revlew The charity received stsm of £90,103 in donations from variou5 sources. The charity does not have any reserve policy. The funds are in deficSt by £64 at the balance sheet. No funds are in Sufplus at the balance sheet. Declaration The trustees declare that they have approved the trustees report above. Slgned on behalf of the charity's trustees. Slgnaiure Name: QAsi Position: Date.. I NORIL 2c>13 INDEPENDENT EXAMINERS REPORT FOR THE PERIOD OIJUNE 2021 TO 31 MAY 2022 TOTHE TRUSTEES I réport on the accounts forthe period 01 June 2021 to 31" May 2022 set out below. Respective responsibilitles of trustees and examlner The charity's trustees responsible for the preparation of the accounts. The charit¢s trustees conslder that an audit is not required for the period (under Section 144121 of the Charities Act 2011 Ithe 2011 Actll and that an independent examination is required. H3vin8 satisfied myself that the charity Is not subjett to audit and is eligible for independent examination, it is my responsibllity to.. Examine the accounts Follow the procedures laid down in the General Directions given by the Charity Cornmission lunder Section 14515llbl of the 2011 Attl., and - To state weather particular matters have come to my attentlon. Basls of the Independent examinÈ¢s report My examination was carried out in accordance with the General DSrectlons glven by the Charity Commission. An examination includes a review of the accountin8 records kept by the charity and a comparison ol the accounts presented with those record5. It also includes consideration of any unusual items or disclosures in the accounts. and seekin8 explanations from you as trustees ctsnceming any such matters. The proTrdures undertaken do not provide 811 the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a'true and fairview, and the report is limited to those matters Set out in the ststement below. Independent examiners ststement In connection with my examination. no matter has come to my attention.. 111 Which gives me reasonable cause tts believe that, in any material respert, the requirements have not been met.. or 121 To which. In my opinion, attention should be drawn in order to enable a proper understandln8 of the accounts to be reached. Independent Examlner Slgnaturè.. Mr Dawood Masood AFA, MIPA Date.. 1210412023 ||**Charity Name**
**Riaz Ul Karam**|**Charity Name**
**Riaz Ul Karam**|**Charity Name**
**Riaz Ul Karam**|**No (if any)**
**1179632**|**No (if any)**
**1179632**|**No (if any)**
**1179632**|**CC16a**| |---|---|---|---|---|---|---|---| ||**For the period**
**from**|Period start date
01-06-2021|**To**||Period end date
31-05-2022||| ||||||||| |**Section A Receipts and payments**|||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**37,828**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**37,828**
**-**
**-**
**-**
**37,828**
**-**
**632**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**632**
**-**
**-**
**-**
**632**
**37,196**
**- 37,196**
**-**
**-**|**Restricted**
**funds**
**to the nearest £**
**52,211**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**52,211**
**-**
**-**
**-**
**52,211**
**89,471**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**89,471**
**-**
**-**
**-**
**89,471**
**- 37,260**
**37,196**
**-**
**- 64**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Total funds**
**to the nearest £**
**90,039**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**90,039**
**-**
**-**
**-**
**90,039**
**89,471**
**632**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**90,103**
**-**
**-**
**-**
**90,103**
**- 64**||**Last year**
**to the nearest £**| |Donation|**37,828**||||||**109,354**| |UK Grants|**-**||||||**2,499**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**37,828**||||||**111,853**| ||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||| ||**-**||||||| ||**-**||||||**-**| |**_Sub total_**|**-**||||||**-**| |**_Total receipts_**
**A3 Payments**|||||||| ||||||||**111,853**| ||||||||| |Charitable Activities|**-**||||||**119,590**| |Admin Expenses|**632**||||||**-**| |
Governance Cost|**-**||||||**117**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_ **|**632**||||||**119,707**| ||||||||| |**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_**|||||||| ||||||||**119,707**| ||||||||| ||**37,196**|**- 37,260**|**-**||**- 64**||**- 7,854**| ||**- 37,196**|**37,196**|**-**||**-**||**-**| ||**-**|**-**|**-**||**-**||**2,850**| ||**-**|**- 64**|**-**||**- 64**||**- 5,004**| CCXX R1 accounts (SS) 4/10/2023 1 |**Section B Statement of assets and liabilities at**|**Section B Statement of assets and liabilities at**|**the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
**Details**
Signature
Cash in hand & at bank|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**- 64**
**-**
**-**
**-**
**-**
**-**
**- 64**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
**Muhammad Qasim**|**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||**Muhammad Qasim**|**12/04/2023**| ||||| CCXX R2 accounts (SS) 4/10/2023 2