Rtgi5trred Charity Iyumber. 1179702 Barakat FiDMcil slatements For the y¢*r ended 31 D¢¢emb¢r 2023
B&rak•t Registered Charity Nimber: 1179702 Con¢ents P4ge Referente and Administrtive IDfornatio Trnstees, ADnuAI Report Recelpts and Paymentx Accouot Independent F.xmlTrer's Report P4e1
Brak•t Ileg&¢ered Charlty Number: 1179702 REFERENCE AND ADMINISTRATIVE INFORMATION Chri¢y Nme Barnkat Charity Number 1179702 Princlpal Offlce 76 Mighell Avenue Ilford IG4 5JP Board of Tru$¢ees Dr Muharnmad Sale¢m Anwar Fawad Srddiqui Mudassir Tanveer Prlmiry BaTrkers HSBC UK 19• Hi s1Cl Waliham4ow London E174QN Page 2
Brnkt Regtstered Ch4rity Number: 1179702 TRUSTEES, ANNUAL REPORT The trusttts present I1r re with the finarrial sthtrments of ihe charity for the year Cled 31 Deeernber 2023. STRucfuRLGOVERNANCE & MANAGEMENT Cwovernimg Document The charity 15 a Charitable Incorporated lkganisali. govend by a Consiiiution. and is registered with the Charity COmrnisst under charity number 1179702. Organisation#l Structu The irusiees are r¢sponsible for general control and management of The charity. I'he trUet$ give their time freely and reoive remuneration or other financial berItS to fulfil ihis rol¢. The charity Irust¢es m¢¢t on a regular basis and are reswjnsible for all decisiorts iakcn in relatim to the overdll eontrol and strategic management of th¢ ¢hariiy. R¢cruitmenl. Appointment Trnltslfvg ofTrustees The existing iruslees are reswnsible for the apwinimenl of new tnLSltts. New trusiees are brou8kn inio the organisation, when required. on ilk basi5 of eligibilit).. COMlence. specialisi knowl¢dge and skills. It is th¢ policy of Barakat thai. UFQn indudiorn each trusiee is given a copy ofihe tnt deed. the latest accounts. rccent mc¢ting minutes and guIdae r¢gaTding li wlicics and PredUrc5 adopted by rl tharity. OWECTIVES AND ACIIVITIES The objectives of Barakat primarily on fulfilling the financial. Spiritual and religious needs of the m11m community togcther with 5ervin8 tIK community ai large. The c<)mmuniiie% curr¢nily served are Greater London & bst LoThJon with RedbridgeJllfordlBarkin8 in rArticulaT. bul in future. will not IK. liiniied io London. The obje¢tives of Bardkai ar¢ summarised below.. .1 o provide fiwncial suprKTrrt w ihe eY people (Specially orphans aThJ widows in Muslim ¢ommunity). To support the wider community by promoting 8(KMI morals & ¢onduci and Jddressin8 areas of sIKial concenL such arni-MKial behaviour. criminality. substhnee abuse and family breakdown. To address misinterpretation. misunderstanding and misreweseniation ol. the Islai1C faiih. lo assist present and fuiure generations ofmuslims lo preserve and rreCtI51aM in their lives. To assist in the provision of any charitsble services wiihin the limits of the law and parti¢ularly wiihin the bounds of Islam. Publk Benefit In carrying out this review ihe te¢S ofBarakat have tsken rc8ard of and comply with the Chartty Commission's generdl guidance on public be11 and in Particular its 5upplementJry public ¥uidarKe on the Ldvancement of religion for the public kncfii. Main a¢¢ivities durittg the yer During 2023. our activities included SUPFh)rti community membeTS and other charities arKI providing religio5 edatIOn io children. The Charity continued io use ils volunieer5 for collection of f{ frrm sup¢m)arkets al end of ihe day and droppin¥ it out to homeless sheliers care l¥)mes. Page 3
B•r4kt Regtsiered Chrity Number: 1179702 TRUSTEES. ANNUAL REPORT {CowtiTrued) Main activities dllrlng the ye4r leontinuedl The charity also continued io suppm securing leisure centre facilitie5 for men only swimming and wom¢n only badminton sessions in Redbridge. The free religious class¢s for adults thai were 51aned by the charity in local mosques have been ongoing and have received d feedE4ck from the l(Kal community. The trustees continue to UFdaie %traieEic dirlI0n of ihc charity for the future yeats enhance scale of the aciivities of thc chariiy. FINANCIAL REVIEW For the year, the trusttts have prepared Receipts and Payments accounts aNI a Staiemeni of Ass¢ts and .iabiliiies. as pemiitted uThJer seaion 133 of the Charities Act 2011. The charilv's source of Fncome during the year w& an unresiricied income of £19.689 al restriaed income of £12.44] and the reserves ar year end were £34,727 {unresiricied £17,018- restricied £37.7091. STATEMEIYT OF TRUSTEES. RESPONSIBILITIES Thc tru#ees arc responsible for preparing the Ttees. Ann1 R¢p)n aThJ the financial staiemeftts in accordance with appIlble law and Uniied Kingdom A¢¢ouniin8 Stsndards (Uniied Kingdom Generally Acceptcd A¢£ounling Practi¢e) aThJ the laws applicabl¢ lo chartti¢s in Engl8nd and Wales. Thc financiol statcmcnts for each finaTKial year musi ¥iv¢ a true and fair view of thc state ol'allairs of I1 ¢hariiy and of the incoming Tesourtes and applicaii¢)n of resources. In prqArin8 Itw financial swemenis, Ihe trustees are required to.. Select quitable a¢countin8 lIcieS and ikn apply them con5islenily: nbserve the Melhl5 arKI principles in ihe Charities RP. Make jud8emenls and eslimaies Ihal are reasonable and pru(kni,' Slate whethcr applF¢able UK Accouniin¥ Stsndards have been followed %ubjeci 10 4ny material departures dis¢10ged and explained in the fInarla] statements. Prepare the finan¢ial statemenis on ihe going con¢em basis unless li is inappropriate io presurne thai the ¢harity will continue in operation. The iruuee5 ere reSpsible for kttping adequwe 8ccowrt1 reeords Ihal disclose with reasonable aeeuracy at any lime the financial position of ihe Chtty ofKI enable i1M io ensure lh Ihe financial slatement4 comply wilh the Charities Ac(201 l. th¢ Charity Accounts ayxl Rew>rts Re8ulations 2(N)8 and ihe provisions of the tTUSt deed. They are also responsible for 5afeguwding th¢ assets of the charil>' a1 hene¢. tsking reasonable sters Ihe prevention arKI dth¢¢tion of fraud and other irregularities. Approval Approved by the trustees and signed on its behalf by DT Muhammad Saleem Anwar (Chair) Mudassir Tanveer (Truslee) De: 2811012024 Page 4
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Bgr•kat ReE&ster¢d Chxrlty Number". 1179702 Ljls Page 6
B#rnkt Regisl¢red Charity NMber. 1179702 CHARITY COMMISSION FOR ENGLAND AND WALES Indepeiident examiner's i'epoi't on the accouiits R•port to th• trust1 m•mb•rB ol BARAKAT On xcounts for thè y•ar •ndgd 31 December 2023 Charity no . 1179702 Ilf any) S•t oui on pag•8 I report to the trustees on my eXaMinatn of cwnls ofthe above ¢hanty1lhtt Trust'l fc the year ènded 31112r2023. R••pon8lb115tlM •nd As the charity trustees ofthe Trust. you are SpOnsible for Ihe of r•port preparation of the aCCnIS in accordance the reqU1MentS ol th& Chaiities Act 20111"tr Act"). I report In respe¢l of my examination of the Trust's acctsunts rried out under seclton 145 01 the 2011 Act and in carrying out my examination, I have lollowpd the applrAble DirectJ'on8 gwen by the Chanty Commi$8ion under sethon 14515llbl oftr I h•ve completed my &xaminab"on I conllm that no material mattw$ have come to my attent7 In conn6th.on with thè examination which gives me ¢jae to belve thai In. any matefial re$pect' a¢¢ounbng records were not kpt In accordance Mth sethon 130 ol the Act or ihe accounts fk)t accord vthh the a¢counting records I have concems and have come xross no other matters in ¢onn¢¢bon the examination to vthth attention shouK1 be dravm in tyder lo enat4e a understaThJing of the ¥c¢wnt$ to be reacthed. Independent examiner's Statement 859n•d: D•t•: 3o.io.J4 Syed Rehan Ahmed R•levant prof•s•ional quallfi¢atlonl$l or body Ilf any): FCCA109879031 Address: 136 Eastern Avenue Ilford, Essex IG4 SAG ccou 13&E•>tem Averwe Illu Esse IG4 SAG Page 7
Barnkat Registered Charity Iyumber: 1179702 OrY complete If the examiner needs to hyhlight matter5 01 concèrn15ee CC32, Independent examination of thanty accounts." difectK>n$ and guidance lor examiners). Glv• horg bri•f d•tall of ony Trt•ms that th• •xarnln•r sh8s to dlsclos•. IRS PARTNERS Chartwed Certifiod Accountants IE&SternA¥¢nL Ill. tS)e.IG4 SAG Page 8