**Charity number: 1182301** ## **Imdad Foundation UK** **Trustees' report and financial statements** **for the year ended 31 March 2021** ## **Imdad Foundation UK** ## **Contents** ||**Page**| |---|---| |Legal and administrative information|**1**| |Trustees report|**2 - 3**| |Independent examiners' report|**4**| |Statement of financial activities|**5**| |Balance sheet|**6**| |Notes to the financial statements|**7 - 8**| ## **Imdad Foundation UK** ## **Legal and administrative information** |**Charity number**|1182301| |---|---| |**Business address**|9 Tylney Close| ||Birmingham| ||B5 7ND| |**Registered office**|9 Tylney Close| ||Birmingham| ||B9 7ND| |**Trustees**|Masood Ul Hassan| ||Zia Ur Rehman Nimani| ||Aamir Hassan| |**Accountants**|SF And Co (UK) Ltd| ||Fairgate House,| ||205 Kings Road| ||Tyseley| ||Birmingham| ||B11 2AA| **Page 1** ## **Imdad Foundation UK** ## **Report of the trustees for the year ended 31 March 2021** The trustees present their report and the financial statements for the year ended 31 March 2021. The trustees who served during the year and up to the date of this report are set out on page 1. ## **Structure, governance and management** The charity is a registered charity formed under a constitution under a deed dated 4 March 2019. It has been registered with the Charities Commission under reference 1182301. The managment of the charity is managed by the holding trustees ## **Objectives and activities** To relieve financial hardship, distress and suffering amongst the poor people, widows, and other people in need by means of, but not exclusively, making grants or loans for providing or paying for items, equipment, services and facilities, including the provision of food, water, and clothing, costs for medical treatment and cost for attending school for the benefit of said persons; To advance the religion of Islam, by means of, but not exclusively, promoting the teachings and tenets of Islam via the assistance in the provision of facilities for Islamic education in accordance with the teachings of the Quran and Sunnah of the Prophet Muhammad (Peace and Blessings be upon him) and interpreted by the Ahle Sunnah Wal Jamaah School of Thought ## _Public Benefit_ The charity's strategic plans are developed to ensure that we provide maximum public benefit and achieve our objectives as set out in our strategy. These objectives fall under purposes defined by the Charities Act 2011. ## **Achievements and performance** ## **Financial review** The statement of financial activities shows how the charity funds have been applied during the year. The gross receipts of the charity income was £36,547. The expenditure relating to the same period was £35,341 ## **Statement of trustees' responsibilities** The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. **Page 2** ## **Imdad Foundation UK** ## **Report of the trustees for the year ended 31 March 2021** The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other On behalf of the board Masood Ul Hassan **Trustee** **Page 3** ## **Imdad Foundation UK** ## **Independent examiner's report to the trustees on the unaudited financial statements of Imdad Foundation UK.** I report on the accounts of Imdad Foundation UK for the year ended 31 March 2021 set out on pages 2 to 8. ## **Respective responsibilities of trustees and independent examiner** As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act), as amended by section 28 of the Charities Act 2006 does not apply and that an independent examination is needed. It is my responsibility to examine the accounts under section 43(3)(a) of the Act, as amended; to follow the procedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, as amended; and to state whether particular matters have come to my attention. ## **Basis of independent examiner's statement** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: (i) which gives me reasonable cause to believe that in any material respect the requirements: - to keep proper accounting records in accordance with section 41 of the Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or - (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ........................................................... **Farah Saddique FCCA Independent examiner Fairgate House 205 Kings Road** **Tyseley Birmingham B11 2AA** **Page 4** ## **Imdad Foundation UK** ## **Statement of financial activities** ## **For the year ended 31 March 2021** |**Unrestricted**
**funds**
**Notes**
**£**
**Incoming resources**
Incoming resources from generating funds:
Voluntary income
2
36,548
**Total incoming resources**
36,548
**Resources expended**
Opening stock
330
Purchases
32,050
Closing stock
2,500
Motor and travelling expenses
-
Accountancy fees
360
Other office expenses
102
**Total resources expended**
35,342
Total funds brought forward
292
**Total funds carried forward**
1,498|**2021**
**Total**
**£**
36,548
36,548
330
32,050
2,500
-
360
102
35,342
292
1,498|**2020**
**Total**
**£**
3,120| |---|---|---| |||3,120| |||-
1,261
-
538
-
1,029| |||2,828| |||-| |||292| The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities. **The notes on pages 7 to 8 form an integral part of these financial statements.** **Page 5** ## **Imdad Foundation UK** ## **Balance sheet as at 31 March 2021** |**Notes**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling**
**due within one year**
4
**Net current assets**
**Net assets**
**Funds**
5
Unrestricted income funds
**Total funds**|**2021**
**£**
**£**
1,857
1,857
)
(360
1,497
1,497
1,497
1,497|**2020**
**£**
**£**
292
292
-
292
292
292
292|**2020**
**£**
**£**
292
292
-
292
292
292
292| |---|---|---|---| ||||292| ||||292| ||||292| The financial statements were approved by the trustees on and signed on its behalf by ## **Masood Ul Hassan Trustee** **The notes on pages 7 to 8 form an integral part of these financial statements.** **Page 6** ## **Imdad Foundation UK** ## **Notes to financial statements for the year ended 31 March 2021** ## **1. Accounting policies** The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year. ## **1.1. Basis of accounting** The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the Charities Act 1993. ## **1.2. Cashflow** The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity. ## **1.3. Incoming resources** All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included. Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold. ## **1.4. Resources expended** Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. **Page 7** ## **Imdad Foundation UK** ## **Notes to financial statements for the year ended 31 March 2021** ## **2. Voluntary income** |**Unrestricted**
**funds**
**£**
Donations
32,258
Orphan sponsorship
455
Food packs
2,435
Waterwell
1,400
36,548|**2021**
**Total**
**£**
32,258
455
2,435
1,400
36,548|**2020**
**Total**
**£**
3,120
-
-
-
3,120| |---|---|---| ## **3. Employees** ## **Employment costs** No salaries or wages have been paid to employees, including the trustees, during the year. ## **Number of employees** |**4.**|**Creditors: amounts falling due**|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||**within one year**|||**2021**||||||**2020**||| |||||**£**||||||**£**||| ||Accruals and deferred income|||360||||||-||| |**5.**|**Analysis of net assets between funds**|||||||||||| |||||**Unrestricted**||||||**Total**||| |||||**funds**||||||**funds**||| |||||**£**||||||**£**||| ||Fund balances at 31 March 2021 as represented by:|||||||||||| ||Current assets|||1,857||||||1,857||| ||Current liabilities|||(360||)||||)
(360||| |||||1,497||||||1,497||| |**6.**|**Unrestricted funds**|**At**||||||||**At**||| |||**1 April 2019**|**Incoming**|**Outgoing31**||||**March 2020**||||| |||**2020**|**resources**|**resources**||||||**2021**||| |||**£**|**£**|**£**||||||**£**||| |||292|36,547|)
(35,342||||||1,497||| **Page 8** ## **Imdad Foundation UK** **The following pages do not form part of the statutory accounts.** ## **Imdad Foundation UK** ## **Detailed statement of financial activities** ## **For the year ended 31 March 2021** |||**2021**|**2021**||**2020**|**2020**| |---|---|---|---|---|---|---| ||**£**||**£**|**£**||**£**| |**Incoming resources**||||||| |**Incoming resources from generating funds:**||||||| |_Voluntary income_||||||| |Donations|||32,258|||3,120| |Orphan sponsorship|||455|||-| |Food packs|||2,435|||-| |Waterwell|||1,400|||-| ||||36,548|||3,120| |**Total incoming resources from generating funds**|||36,548|||3,120| |**Total incoming resources**|||36,548|||3,120| |**Resources expended**||||||| |**Costs of generating funds:**||||||| |**Cost of generating voluntary income**||||||| |_Donations_||||||| |Orphan sponsorship|330|||-||| |Donations|32,050|||1,261||| |Waterwell|2,500|||-||| |Donations - Motor vehicle expenses|-|||122||| |Donations - Other motor & travel costs|-|||416||| |Donations - Professional - Accountancy fees|360|||-||| |Donations - Office - Other|102|||1,029||| ||||35,342|||2,828| |**Total cost of generating voluntary income**|||35,342|||2,828| |**Fundraising trading:**||||||| |**cost of goods sold and other costs**||||||| |**Total costs of generating funds**|||35,342|||2,828| **Page 10** ## **Imdad Foundation UK** ## **Detailed statement of financial activities** ## **For the year ended 31 March 2021** |**Charitable activities**
**Governance costs**
_Activities undertaken directly_
Office expenses - Other
**Total governance costs**
**Net incoming/(outgoing) resources for the year**|**2021**
**£**
1
1
1
1,205|**2020**
**£**
-
-
-
292|**2020**
**£**
-
-
-
292| |---|---|---|---| ||||-| ||||292| **Page 11**