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2022-04-05-accounts

The Pickthall Foundation

Charity number 1182085

Annual Report and Financial Statements

for the year ended 5 April 2022

The Pickthall Foundation

Annual Report and Financial Statements

for the year ended 5 April 2022

Contents Page
Trustees' report 2 to 3
Receipts and payments account 4
Statement of assets and liabilities 5
Notes to the accounts 6 to 7

Prepared by West Yorkshire Community Accountancy Service CIO

1

The Pickthall Foundation

Trustees' report for the year ended 5 April 2022

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates Ridwaan Haris Chair Amin Ali Secretary Samina Hussain Treasurer

Charity number

The charity was registered with the Charity Commission for England and Wales, number 1182085, on 18 February 2019.

Principal address

50 Peel Square Bradford BD8 7QT

Bankers

Lloyds Bank Blackheath Birmingham B26 3JW

Accountants

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a Charitable Incorporated Organisation (CIO) formed on 18 February 2019 and is governed by a Constitution.

Method of recruitment and appointment of trustees

The trustees of the charity are appointed by the members at the AGM.

2

The Pickthall Foundation

Trustees' report (continued) for the year ended 5 April 2022

Objectives and activities

The charity's objects

To develop the capacity and skills of the members of the community of Bradford and district, and in particular (but not restricted to) the Muslim community, in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.

The promotion of religious harmony for the benefit of the public by: promoting knowledge and mutual understanding and respect of the beliefs and practices of different religious faiths.

The charity's main activities

Running of a small community centre and creating volunteers, also providing leisure activities for young people.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of religion.

Achievements and performance

Although Covid 19 virus did have an impact on the performance, yet a lot of our community engagement was done via ZOOM. We have managed to create a rapport with the community to an extent that people are willingly coming forward to volunteer at the centre for various projects now that the restriction is over. We have also managed to apply and be accepted to our first funding application from the National Lottery Community Fund.

Financial review

The net receipts for the year were £9,248, including net receipts of £1,206 on unrestricted funds and net receipts of £8,042 on restricted funds.

Reserves policy

The charity's free reserves at the year end were £4,527.

The charity currently has no formal reserves policy.

Signed on behalf of the board of trustees on …………..……...…….

Signed: ………………..…………. (Trustee)

Name: ……………..…..………….

3

The Pickthall Foundation

Receipts and payments account

for the year ended 5 April 2022

Notes
2022
Unrestricted
funds
£
Receipts
Grants
(2)
-
Member donations
858
Other donations
-
Fundraising event
950
Venue Hire
4,440
Total receipts
6,248
Payments
Broadband, electricity and water
1,623
Rates
1,971
Gas
588
Insurance
620
Accounts
240
Stationery
-
Food and refreshments
-
Equipment
-
Hall hire
-
Total payments
5,042
1,206
Fund balances brought forward
3,321
Fund balances carried forward
(3)
4,527
Net receipts
2022
Restricted
funds
£
10,000
-
-
-
-
10,000
-
-
-
-
-
118
380
1,410
50
1,958
8,042
-
8,042
2022
Total
funds
£
10,000
858
-
950
4,440
16,248
1,623
1,971
588
620
240
118
380
1,410
50
7,000
9,248
3,321
12,569
2021
Total
funds
£
-
1,638
1,833
-
4,220
7,691
1,460
1,971
780
638
240
-
-
-
-
5,089
2,602
719
3,321

4

The Pickthall Foundation

Statement of assets and liabilities

as at 5 April 2022
2022
Unrestricted
£
Cash funds
Cash at bank
4,336
Cash in hand
191
Total cash funds
4,527
2022
Restricted
£
8,042
-
8,042
2022
Total
£
12,378
191
12,569
2021
Total
£
3,321
-
3,321
Liabilities
Independent examination
£
240
240

Approval of the accounts

The financial statements were approved by the board of trustees on …………..……...…….

Signed: ……………...………….…. (Trustee)

Name: ……………..…..………….

5

The Pickthall Foundation

Notes to the accounts

for the year ended 5 April 2022

1 Accounting policies

Basis of accounting

The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.

There has been no change to the accounting policies since last year.

No changes have been made to the accounts for previous years.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

6

The Pickthall Foundation

Notes to the accounts continued

for the year ended 5 April 2022

2 Grants
National Lottery Community Fund
3 Restricted funds
National Lottery Community Fund
Fund name
2022
2022
Unrestricted
Restricted
funds
funds
£
£
-
10,000
-
10,000
Receipts
Payments
£
£
10,000
1,958
10,000
1,958
Purpose of restriction
2022
Total
funds
£
10,000
10,000
Transfers
£
-
-
2021
Total
funds
£
-
-
Balance c/f
£
8,042
8,042

National Lottery Community Fund

Towards the costs of community support activities and events.

4 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

7