## **ZAINAB MEDICARE**
## **ACCOUNTS FOR THE YEAR ENDED**
## **31 MAY 2021**
**Registered Charity No: 1182686**
## **ZAINAB MEDICARE**
## **TABLE OF CONTENTS**
|**Page**||
|---|---|
|**1**|Trustees and Professional Advisors|
|**2 - 4**|Trustees Report|
|**5**|Statement of Trustees' responsiblities|
||for the accounts|
|**6**|Independent Review|
|**7**|Statement of financial activities|
|**8**|Balance Sheet|
|**09 - 14**|Notes to the accounts|
**ZAINAB MEDICARE**
**Page 1**
## **TRUSTEES AND PROFESSIONAL ADVISORS**
## **TRUSTEES:**
Mrs Musarat Ahmed (Chair) Asif Ahmed Zafar Ahmed
**MAIN OFFICE:** Brighton House 273 Wilmslow Road Manchester M14 5JQ
## **BANKERS:**
**ACCOUNTANTS:** Ferguson & Co Charterted Certified Accountants 651 Mauldeth Road West Chorlton Manchester M21 7SA
**Page 2**
## **ZAINAB MEDICARE TRUSTEES REPORT FOR THE YEAR ENDED 31 MAY 2021**
The Trustees present their report and financial statements of the charity for the year ended 31 May 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland published (FRS 102) (effective 1 January 2015).
## **STATUS**
Zainab Medicare is a registered charity under the charity number 1182686. It has no taxable activites and is therefore not liable to UK taxation. It is, however, unable to reclaim VAT on expenditure incurred.
## **Trustees**
The trustees of the charity, under the trust deed, are known as Board members with voting rights. They have no beneficial interest in the charity. All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 9 to the accounts. The trustees undertake a skills audit to identify gaps in Board experiences and new trustees are appointed on a 3-year term to fill these gaps. There is an induction and training plan in place for all trustees to strengthen their role in strategic planning. Trustees are also able to access the organisational training plan and attend any that they feel would be beneficial to their role and/or understanding.
## **Recruitment and Appointment of Trustees**
The Trustees of the charity are known as members of the Management Committee. Under the requirements of the deed, members of the Management Committee shall hold office until the end of Annual General Meeting next following their election appointment or co-option and shall be eligible for re-election or re-co-option.
## **Trustee Induction and Training**
New trustees are recruited following all recruitment process and a successful induction.
All new trustees are given an induction when they start which gives them up to date information on our services, finances, funding streams, organisational policies and procedures, code of conduct and training on our quality assurance standards. Training is provided for the management committee on roles and responsibilities of a trustee and other relevant training identified to assist and support the work of the trustees.
## **Achievement & Performance**
The Charity provides reflief of sickness and the preservation and protection of Health in Pakistan in particular by providing Materials, Equipment & Resources to support medical centres established to provide treatment and adive to socially and economically disadvantaged people who are unable to meet the costs of Medical care.
**ZAINAB MEDICARE TRUSTEES REPORT FOR THE YEAR ENDED 31 MAY 2021 (CONTINUED)**
**Page 3**
## **Charitable Objecctives**
a) To relieve sickness and to preserve, promote, and protect good health among individuals in Pakistan, particularly those who are socially and economically disadvantaged.
b) To advance access to essential medical care and healthcare support services for individuals who are unable to meet the financial costs of treatment.
c) To provide, distribute, and donate medical materials, equipment, medicines, and other necessary healthcare resources to hospitals, clinics, and community-based medical centres.
d) To support the establishment, development, and maintenance of medical centres and outreach initiatives that deliver affordable or free medical treatment and advice.
e) To facilitate the provision of preventative healthcare services, early diagnosis, and medical guidance to improve health outcomes within underserved communities.
f) To undertake any other activities that support the advancement of health and the relief of those in need in Pakistan, in accordance with charitable purposes.
**Page 4**
## **ZAINAB MEDICARE**
## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MAY 2021 (CONTINUED)**
## **Financial Review**
In the year to 31 May 2021 the charity had a total income of £12,450 (£10,300 - 2020) and total expenditure of £12,450 . This resulted in a net (loss)/surplus for the year of £0.
## **Investment powers and policy**
The Trustees consider, having regard to the budget for the next twelve months, that the charity is a going concern.
## **Risk Management**
The trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks.
**ZAINAB MEDICARE TRUSTEES REPORT FOR THE YEAR ENDED 31 MAY 2021 (CONTINUED)**
**Page 5**
## **Trustees responsibilities in relation to the financial statements**
The charity trustees are responsible for preparing the annual report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Practice).
The law applicable to Charities in England and Wales requires the charity trustees to prepare financial statements for each 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 the accounts, the Trustees are required to;
- 1 Select suitable accounting principles and then apply them consistently;
- 2 Observe the methods and principles in the applicable Charities SORP;
- 3 Make judgements and estimates that are reasonable and prudent;
- 4 State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
- 5 Prepare the financial statements on a going concern basis unless it is appropriate the presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accurate 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 provision of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detention of fraud and other irregularities.
Approved by the trustees and signed on their behalf by;
**..................**
**Mrs Musarat Ahmed Trustee**
## Date: 08/04/2026
**ZAINAB MEDICARE**
## **Page 7**
## **Statement of Financial Activities**
## **For the year ended 31 May 2021**
|**Notes**
**INCOMING RESOURCES**
INCOME FOR THE YEAR
6
**LESS: RESOURCES EXPENDED**
**Cost of generating funds**
Expenditure on charitable activites
6
Governance costs
6
Support costs
6
**TOTAL RESOURCES EXPENDED**
**NET INCOME FOR THE YEAR**
**BALANCE BROUGHT FORWARD**
**BALANCE CARRIED FORWARD**|**£**
**£**
**£**
**£**
Restricted
General
Restricted
General
12,450
14,670
-
12,450
-
14,670
12,450
14,670
0
0
0
0
-
12,450
-
14,670
0
0
0
0
-
**0**
**-**
**0**
**2021**
**2020**|
|---|---|
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
The notes on pages 10 to 15 form part of these accounts.
## **ZAINAB MEDICARE**
## **Page 8**
## **BALANCE SHEET**
## **At 31st May 2021**
**----- Start of picture text -----**
Notes 2021 2020
£ £
FIXED ASSETS
Tangible Assets 3 0 0
CURRENT ASSETS
Debtors 4 - -
Cash at bank and in hand
0 0
CREDITORS: AMOUNTS FALLING DUE 5
WITHIN ONE YEAR
Creditors - -
- -
NET CURRENT ASSETS 0 0
TOTAL ASSETS LESS CURRENT LIABILITIES 0 0
ACCUMULATED FUNDS
Unrestricted funds brought forward 7 0 0
Unrestricted reserves for current year 7 0 0
0 0
**----- End of picture text -----**
We approve these accounts and confirm that we have made available all the information and explanations for their preparation.
**Trustee Mrs Musarat Ahmed Date :** 08/04/2026
**Trustee Zafar Ahmed**
The notes on pages 10 to 15 form part of these accounts.
**ZAINAB MEDICARE NOTES TO THE ACCOUNTS For the year ended 31 May 2021**
**Page 9**
## **1. ACCOUNTING POLICIES**
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## **Basis of accounting**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to 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 (as updated through Update Bulletin 1 published on 2 February 2016) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and Charities Act 2011.
## **Preparation of the accounts on a going concern basis**
The trustees consider that there are no material uncertainties about the charitable company’s ability to continue as a going concern.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.
## **Income recognition**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
## **Donated services and facilities**
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees annual report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
**ZAINAB MEDICARE NOTES TO THE ACCOUNTS (CONTINUED) For the year ended 31 May 2021**
**Current asset investments**
**Page 10**
The charity holds no investments
## **Taxation**
The charity is exempt from corporation tax on its charitable activities
## **Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.
## **Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
Expenditure on charitable activites includes the costs undertaken to further the process of the charity and their associated support costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity’s programmes and activities.
## **Operating leases**
Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.
## **Tangible fixed assets**
Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:
Fixtures & Equipment 25% on cost Computers & Equipment 25% on cost
## **ZAINAB MEDICARE NOTES TO THE ACCOUNTS For the year ended 31 May 2021**
**Page 11**
## **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 at bank and at hand**
The charity’s cash at bank and in hand includes the availability of funds as at 31st May 2021.
## **Creditors and provisions**
Creditors and provisions are recognised 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. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **Pensions**
Employees of the charity have been auto enrolled onto a pension scheme to which the charity contributes.
## **2.STAFF COSTS**
|**FF COSTS**|||
|---|---|---|
||**2021**|**2020**|
|Staff salaries, E'er NIC & Pension|-||
|The average number of|||
|employee during the|||
|year were;|**Number**|**Number**|
|Administration|2|2|
|Volunteers|0|0|
**ZAINAB MEDICARE**
## **Page 12**
## **NOTES TO THE ACCOUNTS For the year ended 31 May 2021**
## **3. TANGIBLE FIXED ASSETS**
|**COST**
At 1 June 2020
Additions
At 31 May 2021
**NET BOOK VALUE**
At 31 May 2021
At 1 June 2020
**4.DEBTORS**
There are no debtors
**5.CREDITORS**
Creditors & accruals|**Other**
**Land &**
**TOTAL**
**Equipment**
**Building**
**£**
**£**
**£**
0
0
0
0
0
0
0
0
0
0
0
**2021**
**2020**
**£**
**£**
-
-
-
-
**2021**
**2020**
**£**
**£**
-
-
-
-|
|---|---|
**ZAINAB MEDICARE**
**Page 13**
## **NOTES TO THE ACCOUNTS**
## **For the year ended 31 May 2021**
## **6. ANALYSIS OF INCOME AND EXPENDITURE**
|**General**
**Restr-**
**Total**
**Income**
**icted**
Donations
12,450
12,450
Rental income
-
**Icome from Charitable activities**
COVID-19 Grant
-
-
12,450
-
12,450
**Expenditure on charitable activities;**
Wages & Salaries and Pension
-
Donation to Pakistan
12,450
12,450
12,450
-
12,450
**Governance Costs;**
-
-
-
**Support Costs;**
Insurance
-
-
-
-
**NET INCOME**
**-**
**-**
**-**
FUNDS BROUGHT FORWARD
-
-
**FUNDS CARRIED FORWARD**
**-**
**-**
**-**
**31 May 2021**|**General**
**Restr-**
**Total**
**icted**
14,670
14,670
-
-
-
14,670
14,670
-
14,670
14,670
-
14,670
14,670
-
-
-
-
-
-
-
**-**
**-**
**-**
-
**-**
**-**
**-**
**31 May 2020**|
|---|---|
**ZAINAB MEDICARE**
**Page 14**
## **NOTES TO THE ACCOUNTS**
## **For the year ended 31 May 2021**
## **7. ACCUMULATED FUNDS**
|Balance at 31 May 2020
Net income
Balance at 31 May 2021|**GENERAL**
**RESTRICTED**
**FUNDS**
**FUNDS**
**£**
**£**
0
-
0
-
0
-|**TOTAL**
**£**
0
0
0|
|---|---|---|
## **8. CONTROLLING PARTY**
Charity in under the share control of Trustees named on page 1 of the accounts.
## **9. RELATED PARTY TRANSACTION**
There has been no transaction with the trustess during the year in any form. (2020 - nil)
Page 7
Independent Examinerfs Report to the Trustees of Zainab Medicare
I report on the accounts of the charity for the year ended 31 May 2021 which are set out on
pages 7 to 15
Respective responsibilities of trustees and examiner
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(2) of the
Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under sertion 145 of the 2011 Act;
follow the procedures laid down in the general Directions given by the Charity
Commission under section 145(5)(b) of the 2011 Act; and
state whether particular matters have come to my attention.
Basis of independent examiner's report
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:
which gives me reasonable cause to believe that, in any material respect, the
requirements:
to keep accounting records in accordance with section 130 of the 2011 Act. and
to prepare accounts which accord with the accounting records and comply with the
accounting requirements of the 2011 Art
have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Muhammad Tayyab (FCCA)
Feryuson & Co
651 Mauldeth Road West, Chorlton, Manchester, M217SA
Date: 0810412026