Al-sadaqah
Charity No. 1180175
Trustees, Report and Unaudlted Accounts
31 March 2023

Al-sadaqah
Contents
Pages
Trustees, Annual Report
Statemènt of Finantial Attivities
2to3
Balance Sheet
Notes to the Accounts
6tolO
Detailed Statement of Finan¢ial Artivities
li
Page I

Al-sadaqah
Trustees Annual Report
The trustees present their report with the unaudited financial statements of the charity for the year ended
31 March 2023.
REFERENCE AND AOMINISTRATIVE DETAIiS
Charlty No. 1180175
Trustees
The following trustees served during the year=
M.B. Afridi
P. Haroon
l.U.J. Rafique
Accountants
Meer & Co Chartered kcountants
I Cochrane House
Admirals wav
Canary Wharf
London
E149UD
OBJEcfivES AND AcfiviTIES
The purpose of the charity as set out in its governinB document 15 that the charity works towards the relief of
poverty, the advancement of education and relief of sickness of people living in any part of the world but
mainly Pakistan by the provision of fin3ncial assistance, food, medical supplies and equipment, care shelter,
education, clean water and assistance into employment.
ACHIEVEMENTS AND PERFORMANCE
During the year we have been collecting the funds for the projerts in Pakistan. We have started deliverin8
the shelter, food and water we115 for the poor and needy people.
FINANCIAL REVIEW
The principal source of funds are donations from individuals. The financial statements show incomin8
resources for the year and the charity is holding fund5 for its future projects.
The trustees have set a level equivalent to one month of operating costs for the organization as a desired
level of reserve.
PLANS FOR FUTURE PERIODS
We are planning to provide shelter to disabled and needy people. We have also identified the areas where
people do not have access to clean drinking water. There are also plans to provide food to struggling and
disadvantaged families. We have plans in place of how we are going to work with local volunteers.
STRucfuRE, GOVERNANCE ANO MANAGEMENT
Page 2

Al-sadaqah
Trustees Annual Report
Al Sadaqah was reÈistered as CIO foundation on 04th October 2018. The Charity is operated under the rules
of its constitution governed by the Charitable Incorporated Organizations regulations 2012. The responsibility
for the strategic management of the charity rests solely with the Trustees. who are selected under the terms
of the charity constitution.
The charity may by ordinary resolution appoint a person who is willing to act as trustee.
Statement of trustees. responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees. annual report and financial statements in
accordance with applicable law and United Kingdom Accountin8 Standard5 (United KinBdom Generally
Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Charities Act 2011. the applicable Charities (Accounts and Reports) Regulations. and the
provisions of the Trust deed. The Trustees are olso responsible for safe8uardin8 the assets of the Charity and
hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
P. Haroon
Trustee
14 March 2024
Page 3

Al-sadaqah
Statement of Flnanclal Actlvltles
for the year ended 31 March 2023
Unrestrirted
funds Total funds Total funds
2023
2023
2022
Notes
Income and endowments
from:
Donations and legacies
9.406
9.406
17.187
Total
9.4C
9.406
17.187
Expendlture on:
Charitable activities
22.280
22,280
10.600
Totsl
22,280
22,280
10,600
Net gains on investments
Net lexpendlturelllncome
Transfers between funds
112,8741
112,8741
6,587
Net lexpendlturelllncome
before other Balnslllosses)
112.8741
112.8741
6,587
Other galn5 and losses
Net movement In funds
112,8741
112.8741
6,587
Re￿ncIliatIOn of funds..
Total funds brought forward
13,662
13,662
7,075
Total fund5 carried forward
788
13,662
Page 4

Al-sadaqah
Balance Sheet
at 31 March 2023
Charity No. 1180175
2023
2022
Current assets
Debtors
788
13.662
13.662
788
Net current assets
788
13,662
Total assets less current liabilities
788
13.662
Net assets excluding pension a55el or liability
788
13,662
Total net assets
788
13,662
The fvnds of the ¢harSty
Restricted funds
Unrestrl¢ted funds
General funds
788
13,662
788
13.662
Reserves
Total fund5
788
13,662
Approved by the trustees on 14 March 2024
And signed on their behalf by..
P. Haroon
Trustee
14 March 2024
Page 5

Al-sadaqah
Notes to the Accounts
for the year ended 31 March 2023
l Accounting policies
Basls of preparatlon
The financial statements have been prepared in accordance with Statement of Recommended Practice:
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic if Ireland IFRS 1021 i55ued on 16 July 2014 and the
Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the
Charities Act 2011.
Change in basis of accounting or to pfevious accounts
There has been no change to the accounting policies (valuation rules and method of accountingl since
last year and no changes have been made to accounts for previous years.
Fund accountlng
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the
general objects of the charity.
These are unrestricted funds earmarked by the trustees for particular purposes.
These are unrestricted funds which include a revaluation reserve representing the
restatement of investment assets at their market values.
These are available for use subject to restrictions imposed by the donor or through
terms of an appeal.
Designated funds
Revaluation funds
Restricted funds
Income
Recognition of
ncome
Income is included in the Statement of Financial Activities ISOFAI when the charitv
becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is
expenditure
reported gross in the SOFA.
Donations and
legacies
Voluntary income received by way of grants, donations and gifts is included in the
the SOFA when receivable and only when the Charity has unconditional entitlement
to the income.
Tax reclaims on
Income from tax reclaims is included in the SOFA at the same time as the
donations and gifts 8ift/donation to which it relates.
Donated services
These are only included in income Iwith an equivalent amount in expenditure)
and facilities
where the benefit to the Charity is reasonably quantifiable, measurable and
material.
Volunteer help
The value of any volunteer help received is not included in the accounts.
Investment income This is included in the accounts when receivable.
Gainslllossesl on
This includes any gain or loss resulting from revaluing investments to market value
revaluation of fixed at the end of the year.
assets
Gainslllossesl on
investment a55et5
This includes any gain or loss on the sale of investments.
Page 6

Al-sadaqah
Notes to the Accounts
Expenditure
Recognition of
expenditure
Expenditure is recognised on an accrua15 basis. Expenditure includes any VAT which
cannot be fully recovered. and is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs associated with attrarting voluntary income, fundraising
raising funds
trading costs and investment management costs.
Expenditure on
These comprise the costs incurred by the Charity in the delivery of its activities and
charitable activities services in the furtherance of its objects. including the making of grants and
80vern3nce Costs.
All grant expenditure is accounted for on an actual paid basis plus an accrual for
rants that have been approved by the trustees at the end of the year but not yet
paid.
These include those costs associated with meeting the constitutional and statutory
requirements of the Charity, includinB any auditlindependent examination fees,
costs linked to the strategic management of the Charity. together with a share of
other administration costs.
Other expenditure These are support costs not allocated to a particular activitv.
Grants payable
Governance costs
Taxatlon
The charity is exempt from tax on its charitable activities.
Freehold Investment propertv
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet
date and are not depreciated. All gains or losses are taken to the Statement of Financial Activitie5 a5 thev
arise.
Stocks
Stock is Included at the lower of cost or net realisable value. Donated items of stock are recognlsed at fair
value which is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and lash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other
short-term highly liquid investments with original maturities of three months or less and bank overdrafts.
In the statement of financial position, bank overdrafts are shown within borrowing5 or current liabilitie5.
In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and form an integral part of the company'5 cash management.
Trade and other credltors
Short terrn creditor5 are measured at the tran5artion price. Other creditor5 and provisions are recogni5ed
where the charity has a present obligation resulting from a past event that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditor5 and provisions are normally recognised at their settlement amount after
allowing for any trade discounts due.
Page 7

Al-sadaqah
Notes to the Accounts
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Forelgn ¢urren¢les
Monetary assets and liabilities denominated in ¢urren¢ies other than the functional currency of the
charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of
exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net incomelexpenditure.
Leased a￿et$
Where the charity enters into a lease which entsils taking substsntially all the risks and rewards of
ownership of an asset. the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified
as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the
inception of the lease OT, if lower, at the present value of the minimum lease payments. The
corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation.
Lease payments ère Jpportioned between finance expenses and reduction of the lease obligation $0 as to
achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are
recognised immediately, unless they are dirertly attributable to qualifying assets, in which case they are
capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term.
In the event that lease incentives are received to enter into operating leases, such incentives are
recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental
expense on a strai8ht-line basis.
Penslon costs
The Charity operates a defined contribution plan for its employees. A defined contribution plan is a
pension plan under which the charity pay5 fixed contributions into a separate entity. Once the
contributions have been paid the charity has no further payments obligations. The contributions are
recognised as expenses when they fall dve. Amounts not paid are shown in accruals in the balance sheet.
The assets of the plan are held separately from the charity in independently administered funds.
Receipt of donated 8oods, facilities and services
All donated goods, facilities and services received are recognised within incomin8 resource5 and
expenditure at an estimate of the value to the charity.
Page 8

Al-sadaqah
Notes to the Accounts
2 Statement of Flnantlal Actlvltles- prfor year
Unrestri¢ted
funds Total funds
2022
2022
Income and endowments from:
Donations and legacies
Total
17,187
17,187
17,187
17,187
Expendlture on:
Charitable activities
10,600
10.600
Total
10,6(K)
10,600
Net In¢¢me
6,587
6,587
Net income before other
Bainslllosses)
Other zalns and10sse$:
Net movement In funds
6,587
6,587
6,587
6,587
Reconclliatlon of funds,.
Total funds brought forward
Totsl funds carried forward
7,075
7,075
13,662
13.662
3 Income from donatlons and legacles
Unrestrlcted
Total
Total
2023
2022
9.406
9.406
9,406
9,406
17.187
17,187
4 Expendlture on charltable artSvltles
Unrestrlcted
Total
Total
Z023
202Z
Expenditure on charitt7ble
activities
22,280
22,280
10,600
Governonce costs
22.280
22,280
10.600
S Staff costs
No employee received emolument5 in excess of £60,0(K).
6 Debtors
2023
2022
Other debtors
788
13,662
13.662
788
Page 9

Al-sadaqah
Notes to the Accounts
7 Movement in funds
Incoming
resources
(including
other
At31
March
2023
Resources
expended
Al l April gainsllosses
2022
Restricted funds..
Unrestrlcted funds:
General funds
13,662
9,406
122,2801
788
Total funds
8 Analysis of net a55ets between fund5
13.662
9.406
122.2801
788
Unrestricted
funds
Total
Net current assets
788
788
788
788
Page 10

Al-sadaqah
Detalled Statement of Flnanclal Artlvltles
for the year ended 31 March 2023
Unrestrirted
funds
2023
Total funds
2023
Total funds
2022
Income and endowments from:
Donations and legacies
9,406
9,406
9,406
9,406
17,187
17,187
Totsl Income and endowments
9,406
9.406
17,187
Expenditure on:
Charitable activities
22,280
22,280
22,280
22.280
10,600
10,600
Totsl of expendlture on charltable
a¢tlvltles
22,280
22,280
10,600
Totsl expendlture
Net gains on investments
22.280
22,280
10,600
Net lexpendlturelllncome
112.8741
12,8741
6,587
Net lexpendlturelllncome before
other 8alnslllossesl
Other Gains
112.8741
12,8741
6,587
Net movement In funds
112,8741
112,8741
6,587
Reconclllatlon of funds..
Total funds brought forward
13,662
13,662
7,075
Totsl funds carrled forward
788
788
13,662
Page 11