**CHARITY REGISTRATION NUMBER 1182301 IMDAD FOUNDATION UK FINANCIAL STATEMENTS 31 MARCH 2024**
## **IMDAD FOUNDATION UK**
## **FINANCIAL STATEMENTS PERIOD TO 31 MARCH 2024 CONTENTS PAGE**
Trustees Annual Report 1-3 Independent Examiners Report 4 Statement of Financial Activities 5 Balance Sheet 6 Notes 7-8
## **IMDAD FOUNDATION UK**
## **TRUSTEES ANNUAL REPORT PERIOD TO 31 MARCH 2024**
The Trustees have pleasure in presenting their report and the unaudited financial statements of the Charity for the period to 31 MARCH 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered charity name** IMDAD FOUNDATION UK
## **CHARITY REGISTRATION number 1182301**
**Registered office:** 9 TYLNEY CLOSE, BIRMINGHAM, B5 7ND
## **THE Trustees**
The Trustees who served the charity during the period were as follows:
MASOOD UL HASAN ZIA UR RAHMAN NIMANI AAMIR HASAN
## **Charity Accountants**
Fusion Accounting Ltd 398A East Park Road, Leicester, LE5 5HH
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
IMDAD FOUNDATION UK is a charitable incorporated organisation (CIO) governed by its constitution dated 4[th] MARCH 2019 and was registered with the Charity Commission on the 4[th] of MARCH 2019.
## **OBJECTIVES AND ACTIVITIES**
The objectives of the organisation, as set out in its governing document are:
(1) to relieve financial hardship, distress and suffering among 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 costs for attending school for the benefit of the said persons;
(2) 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) as interpreted by the Ahle Sunnah Wal Jamaah school of thought.
## **ACHIEVEMENTS AND PERFORMANCE**
During the year, the trustees delivered a multitude of projects that furthered the aims of the charity and delivered public benefit. Among the achievements were:
- •Food and Meal Distribution to over 2,000 needy people
- •Construction of 4 water well benefitting over 400 families
- •Establishing 75 water hand pumps benefitting over 1,300 families
**- 1 –**
# **IMDAD FOUNDATION UK TRUSTEES ANNUAL REPORT** _**(continued)**_ **PERIOD TO 31 MARCH 2024**
## **ACHIEVEMENTS AND PERFORMANCE (continued)**
•Distribution of 25 wheelchairs for the disabled
•Distribution of uniforms and books to needy children
•Construction of a mosque in Pakistan
•Renovations of several mosques
•Conducting 50 Qurbanis, Aqeeqas and Goat Sadaqas in Pakistan benefiting over 300 families
•Educational Hifz Sponsorship of 30 Orphans
•Grants to cover cost of Umrah for needy persons
•Grants to over 300 families to support marriage costs, medical costs, housing repairs and necessities
## **PUBLIC BENEFIT STATEMENT**
The trustees have considered the general guidance on public benefit issued by the Charity Commission and has taken due regard of that guidance. The trustees consider that they are satisfied that the charity’s activities relieve financial hardship and advance Islam for the benefit the public.
## **FINANCIAL REVIEW**
The trustees secured income of £52,538 during the period. The expenditure during the period was £47,334 of which £45,772 were grants for charitable projects. This generated a surplus of £5,204. At the end of the period the charity held £8,203 in reserves for future charitable expenditure.
## **PLANS FOR FUTURE PERIODS**
Future plans are to continue to deliver the financial relief projects to benefit the poor and needy and supporting Islamic projects.
## **RESPONSIBILITIES OF THE TRUSTEES**
The charity's 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).
The 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 the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. 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 accounting standards have been followed, subject to any material
**- 2 –**
IMDAD FOUNDATION UK
TRUSTEES ANNUAL REPORT f¢ontlnuedJ
PERIOD TO 31 MARCH 2024
RESPONSIBILITIES OF THE TRUSTEES {contlnued)
departures disclosed and explained in the financlal statements.,
prepare the financial statements on the going concern basis unless tt is inappropriate to
presume that the charity will continue in operation.
The tnjstees are responsible for keeping proper accounting records Ihat discbse wth reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
slatements comply with the Charities Act 1993 and the Charity (Accounts and Reports) Regulations
2008. The trijstees 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 irregularities.
APPROVAL
The report was approved by the Trustees on 3010112025 and signed on their behalf by
MASOOD UL HASAN
Trustee
## **IMDAD FOUNDATION UK INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF**
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31st MARCH 2024.
## **Responsibilities and basis of report**
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is sufficient for external scrutiny.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, 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 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 the 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 material matters have come to my attention which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
M Suleman 30/01/2025 Principal Accountant Fusion Accounting Ltd, 398A East Park Road Leicester LE5 5HH
**-4-**
## **IMDAD FOUNDATION UK**
## **STATEMENT OF FINANCIAL ACTIVITIES (SOFA) PERIOD TO 31 MARCH 2024**
|||||**Total Funds**||
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Period to**|**_Total_**|
|||**Funds**
|**Funds**|**31 Mar 24**|**_31 Mar 23_**|
||**Note**|**£**|**£**|**£**|**£**|
|**INCOME from**||||||
|donations and legacies||**52,538**|**-**|**52,538**|**_52,236_**|
|charitable activities||||||
|other trading activity||||||
|Investment income||||||
|Other income||||||
|**Total**||**52,538**|**-**|**52,538**|**_52,236_**|
|**EXPENDITURE**||||||
|on raising funds||**-**|**-**|**-**|**_-_**|
|charitable activities||**47,334**|**-**|**47,334**|**_49,468_**|
|other expenditure||**-**|**-**|**-**|**_-_**|
|**Total**||**47,334**|**-**|**47,334**|**_49,468_**|
|Net Income before Tax||**5,204**|**-**|**5,204**|**_2,768_**|
|Tax payable||**-**|**-**|**-**||
|Net income after Tax||**5,204**|**-**|**5,204**|**_2,768_**|
|Net gains/losses on assets||||||
|
**NET INCOME**||**5,204**|**-**|**5,204**|**_2,768_**|
|Transfers between funds||||||
|||**-**|**-**|**-**|**_-_**|
|Net movement in funds||||||
|||**-**|**-**|**-**|**_-_**|
|**Reconciliation of funds**||||||
|Total funds brought forward||**2,999**|**-**|**2,999**|**_231_**|
|**Total funds carried**||**8,203**|**-**|**8,203**|**_2,999_**|
|**forward**||||||
**-5-**
IMDAD FOUNDATION UK
BALANCE SHEET
PERIOD TO 31 MARCH 2024
Total Funds
Period to
31 Mar 24
Unrestricted Restricted
Funds
Funds
Total
31 Mar 23
Note
FIXED ASSETS
Tangible fixed assets
CURRENT ASSETS
Cash in hand and bank
10,453
10,453
4,499
Total
10,453
10.453
4,499
LIABILrriES
Creditors falling due within 4
one year
2,250
2.250
1,500
Net current assets
Total assets less current
8.203
2,999
Total Net Assets
8,203
2.999
Th¢ funds of the ¢harlty
Unrestricted funds
Reslricted fvnds
8.203
2.999
Total
8,203
2,999
These accounts were approved by the Trustees on 3010112025 and signed on their behalf by
MASOOD UL HASAN
Trustee
## **IMDAD FOUNDATION UK**
## **NOTES TO THE FINANCIAL STATEMENTS PERIOD TO 31 MARCH 2024**
## **1. ACCOUNTING POLICIES**
## **a) Basis of accounting**
The accounts have been prepared in accordance with the 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 of Ireland (FRS 102) issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011.
The new accounting policies are relevant to the size and nature of the charity's income for the period.
The change in accounting policy has only resulted in minor non-material differences arising. As such no requirement to restate prior or current year figures has arisen.
The charity constitutes a public benefit entity as defined by FRS 102.
## **b) Fund accounting**
Unrestricted funds are general funds that are available for use at the trustees' discretion in furtherance of any of the objectives of the charity.
Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose and the restriction means that the funds can only be used for specific projects or activities.
## **c) Incoming resources**
Voluntary income, including donations, gifts and legacies and grants that provide core funding or are of a general nature, are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract or where entitlement to grant funding is subject to specific performance conditions. Grant income included in this category provides funding to support programme activities and is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
## **d) Resources expended**
Expenditure is recognised when a liability is incurred. Funding provided through contractual agreements and performance related grants are recognised as goods or services are supplied. Other grant payments are recognised when a constructive obligation arises that results in the payment being an unavoidable commitment.
Costs of raising funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.
**-7-**
## **IMDAD FOUNDATION UK**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) PERIOD TO 31 MARCH 2024**
## **2. Staff Disclosures**
There were no staff employed by the organisation during the year. No staff received remuneration above £60,000 during the period.
## **3. LIABILITIES: Amounts falling due within one year**
|**£**|
|---|
|**Trade creditors**|
|Accountancy & Examination Fees for 2022 750|
|Accountancy & Examination Fees for 2023 750|
|Accountancy & Examination Fees for 2024 750|
|=====|
|TOTAL
**2,250**|
## **4. CONNECTED PARTY TRANSACTIONS**
There were no payments made to trustees or connected person during the period.
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