2024-05-31-accounts

CHARITY NUMBER: 1179632

RIAZ UL KARAM

REPORT OF THE TRUSTEES

AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 01 JUNE 2023 TO 31 MAY 2024

Document ID: 832c2373-5899-4da6-943c-065cda83b122

REFERENCE AND ADMINISTRATIVE DETAILS

The trustees, present their report with the financial statements of the charity for the period 1st June 2023 to 31st May 2024.

INCORPORATION

The CIO - FOUNDATION was incorporated on 21 August 2018.

Registered Charity Number

1179632

Registered Office

135 Berkeley Road

Birmingham,

B25 8NJ

Trustees

Mr Sakhi Muhammad Chair Mr Muhammad Qasim Trustee Mr Zain ul Abadeen Trustee Muhammad Tahir Hussain Trustee

• appointed 15.06.20 - appointed 29.12.21 - appointed 01.09.18 - appointed 21.08.18

Document ID: 832c2373-5899-4da6-943c-065cda83b122

STRUCTURE, GOVERNANCE AND MANAGEMENT

Board of Trustees

The Board of Trustees sets our future aims and priorities focusing on strategic planning and governance and also evaluates our performance and progress in our work to alleviate poverty and suffering.

The Board of Trustees appraises the Senior Management Team and can make appointments to it as well as dismissals. The Board of Trustees also make sure that we satisfy the regulatory requirements on us as a charity and works with key stakeholders.

Recruiting and Appointing Trustees

All our trustees are volunteer, chosen because they all have the diverse range of skills, knowledge and experience that we need to respond to the challenges of today. Stakeholders and partners may nominate trustees and sometimes we will make a personal approach to potential candidates.

Governing document

Riaz ul Karam refers to the charitable incorporated organisation with a governing document known as CIO-Foundation by registration originally incorporated on 21 August 2018.

Responsibilities of Trustees

The annual report and financial statements are prepared according to the relevant law and approved by the trustees.

The trustees keep adequate accounting records, and they show and explain our transactions. The records also disclose our financial position with reasonable accuracy at any time and enable trustees to ensure that the financial statements comply with Charity Commission Statement of Recommended Practice (SORP) 2015.

Grant Making Policies

We provide grants to projects if the request meets our charitable objectives and criteria. Project grant making is managed according to a designated process, which is documented in our Operational RiskManagement 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 Benefit

We develop strategic plans to make certain that we provide maximum public benefit and achieve our strategic objectives, which fall under purposes defined by the Charity Act 2006.

Document ID: 832c2373-5899-4da6-943c-065cda83b122

OBJECTIVES AND STRATEGIC ACTIVITIES FOR THE BENEFIT

The objects of the charity are set below:

1. To advance the religion of Islam, by means of but not exclusively promoting the teachings and tenets of Islam, provision of facilities for worship and provision of facilities for Islamic 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 public by means of but not exclusively, the provision or associates in the provision of scholarships, educational activities and facilities such as schools, libraries and training centres.

3. To relieve financial hardships, distress and suffering among poor people, widows, orphans, 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, clothing, accommodation for the said persons.

The charity’s activities carried out in the year 2021

It gives me great pleasure to introduce the charity’s Trustees’ Annual Report, which sets out, for our supporters and the public, what we have achieved in the past twelve months in particular.

Sadaqa:

Sadaqa is charity given voluntarily to please God. Sadaqa also describes a voluntary charitable act towards others, whether through generosity, love, compassion or faith. With the generous donations from our donors, we were able to be a helping hand to a lot of poverty ridden families by providing them aid and relief through: Water, Wheelchairs, clothing and with cash where needed.

1. Hand Pumps:

2. 790 million people lack access to clean drinking water. Millions are forced to drink dirty, unsafe water that poses a grave danger to their lives. Millions of women and children are forced to walk miles each day on dangerous terrain to fetch clean water. This leads to children not being able to have access to education and hugely affects the entire family. At Riaz ul Karam, our water projects are designed to quench the thirst of the poor and vulnerable communities by supporting them with clean access to water. With the water donation we get from our donors, we strive to promote health and safety with fresh water supplies and ease the daily lifestyles of the families that spend hours to fetch water miles away from their homes. The hand pumps produce clean water which is used by families for drinking, washing, cleaning and cooking. Thus, transforming the communities.

Mosque:

A mosque is at the centre of any Muslim community; for times of joy and sorrow, for prayer and repentance it cradles the community and holds them close to Allah (SWT). The mosque plays a vital role in bringing the community together and uplifting their spirits. In deprived communities, these communal centres, due to their limited resources are often non-existent, built from a temporary structure or, have no funds to continue their day-to-day operations. We help constructing mosques to allow Muslims to worship and flourish as well as to promote education and progress.

Document ID: 832c2373-5899-4da6-943c-065cda83b122

Zakat:

Zakat is a Powerful Pillar. Zakat, or almsgiving, is one of the five pillars of Islam, along with prayer, fasting, pilgrimage (Hajj), and belief in Allah (SWT) and His Messenger Prophet Muhammad (SAW). For every sane, adult Muslim who owns wealth over a certain amount–known as the nisab–he or she must pay 2.5% of that wealth as zakat. We, at Riaz ul Karam, believe Zakat can be used for sustainable, long-lasting change for families and communities. We carry out different projects against the funds we receive as Zakat.

Flood:

The Pakistan floods have affected communities in 116 districts, about 15% of the population. Riaz ul Karam supported recovery and relief efforts for people impacted by flooding across Pakistan. Funding helped to meet survivors' immediate needs for food, fuel, clean water, hygiene products, and shelter.

Achievements and Performance

Some of the people who needed cash support were also helped with cash amounts. The number of beneficiaries was around 100.

As many as 14 mosques were helped in either construction or in day-to-day operations by the donations we received from our donors. This led to around 4,200 beneficiaries having accesses to a place of worship.

This was all possible with the support of our donors who contributed towards this cause.

Financial Review

The charity received sum of £ 50,185 in donations from various sources.

The charity does not have any reserve policy.

No funds are in deficit at the balance sheet.

The funds are in surplus by £3,616 at the balance sheet.

Document ID: 832c2373-5899-4da6-943c-065cda83b122

Declaration

The trustees declare that they have approved the trustees report above.

Signed on behalf of the charity’s trustees.

Signature Name: Mr. Sakhi Muhammad Position: Chair Date: 28/03/2025

Document ID: 832c2373-5899-4da6-943c-065cda83b122

----- Start of picture text -----
RIAZ UL KARAM No (if any)
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/06/2023 31/05/2024
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donation 50,185 - - 50,185 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
50,185 - - 50,185 -
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 50,185 - - 50,185 -
A3 Payments
Charitable activities 46,528 - - 46,528 -
Administrative activities 41 - - 41 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 46,569 ] - - 46,569 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 46,569 - - 46,569 -
Net of receipts/(payments) 3,616 - - 3,616 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 3,616 - - 3,616 -
----- End of picture text -----

CCXX R1 accounts (SS)

06/04/2025

1

Document ID: 832c2373-5899-4da6-943c-065cda83b122

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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature Details Details Details Details Total cash funds (agree balances with receipts and payments account(s)) Details	Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - Agreement Error 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 Mr Sakhi Muhammad	Endowment funds to nearest £ - - -
			-
			OK
			Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 28-03-2025

CCXX R2 accounts (SS)

06/04/2025

2

Document ID: 832c2373-5899-4da6-943c-065cda83b122

Completed Document Audit Report

Completed with SignWell.com

Title: chaity accounts_merged

Document ID: 832c2373-5899-4da6-943c-065cda83b122

Time Zone: (GMT+00:00) Coordinated Universal Time

Files

chaity accounts_merged.pdf - 8 pages

Apr 06, 2025 20:42:51 UTC

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Document ID: 832c2373-5899-4da6-943c-065cda83b122