## IHSAN FOR CHILDREN FOUNDATION ## FINANCIAL STATEMENTS ## FOR THE YEAR ENDED 5 APRIL 2022 **Charity Registration Number 1183449** ## **IHSAN FOR CHILDREN FOUNDATION** ## **TABLE OF CONTENTS** ## **Page** |1|Trustees and Professional Advisors| |---|---| |2-3|Trustees Annual Report| |4|Statement of Trustees' responsibilities for the accounts| |5|Independent Examiner's report| |6|Statement of Financial Activities| |7|Balance Sheet| |8-9|Notes to the accounts| **IHSAN FOR CHILDREN FOUNDATION** Page 1 ## **CHARITY INFORMATION** |**CHARITY INFORMATION**|**CHARITY INFORMATION**| |---|---| |FOR THE PERIOD 6 APRIL 2021 TO 5 APRIL 2022|| |TRUSTEES:|Yosra Saed Agil (Chairman)| ||Saffa Iqbal Mir| ||Abrar Agil| |REGISTERED OFFICE:|PO Box 559| ||Manchester| ||M16 6GH| |CHARITY REG. NO.|1183449| |BANKERS:|HSBC Bank| ||2-4 St Ann's Square| ||Manchester| ||M2 7HD| ||Wise Payments Ltd| ||6th Floor, The Tea Building| ||56 Shoreditch High Street| ||London| ||E1 6JJ| |INDEPENDENT EXAMINER:|E & M Accountancy Ltd| ||Mayfair House| ||3 Elm Grove| ||Manchester| ||M20 6PL| **IHSAN FOR CHILDREN FOUNDATION Financial Statements for the year ended 5 April 2022** Page 2 ## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDE 5 APRIL 2022** Activities report for the year ending 5 April 2022 - 1- **Name of the Charity:** Ihsan For Children Foundation. - 2- **Charity Number:** 1183449 - 3- **Official Address** : PO Box 559, Manchester, M16 6GH. - 4- **Governing Document:** CIO dated 16 May 2019. ## **5- Names of Trustees:** ## 1- Yosra Saed Agil (Chairman) - 2- Asaffa Iqbal Mir (Member) - 3- Abrar Agil (Member) ## **1- Objects of the Charity:** 1. To provide or assist in the provision of facilities in the interest of social welfare for recreation or other leisure time occupaition of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hadship or social circumstances with the object of improving their conditions of life. 2. The relief of children who are in need by reason of their age, ill health or disability, social or economic circumstances or other disadvantages in particular but not exclusively by providing clothing, educational supplies and health provisions. ## **2- Summary of main activities:** Ramadan 2021 fundraising campaign. Partnership with Blackburn UK Trust to deliver food packs in Palestine. Sadaqa Campaign where funds were raised to be spent on providing food support for the needy in Palestine and Lebanon. All trustees have had regard to the guidance issued by charity commission on public benefit throughout this year and continue to do so. ## **3- Achievements and Performance:** Our main achievement during this period was the continues partnership with Blackburn Trust UK. They provide food packs for the neediest people in the Gaza strip, Palestine. Through this funding we were able to support some of the poorest families in the most marginalised areas of Gaza and North Gaza through the provision of urgently needed key nutritional food items. **IHSAN FOR CHILDREN FOUNDATION Financial Statements for the year ended 5 April 2022** Page 3 ## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDE 5 APRIL 2022** food assistance (food parcels) one week before ramadan started: The project focused on the immediate response to the needs of poor and marginalised families in Gaza to have food before the beginning of the holy month of ramadan. The project created a positive impact on the lives of the beneficiaries throughout the targeted areas in the Gaza strip. It satisfied an urgent and pressing need for beneficiary families to secure their basic food needs during that are neccassary for suhur and fitrah in ramadan, given the already harsh economic and social conditions of such families. We also carried out other projects such as Hot meal Eid Gift and School repairs in order to provide a safe learning place for the children. - 7- **Area of Benefit:** Palestine, Lebanon and Turkey - 8- **Area of operation:** National, Palestine, Lebanon and Turkey. Page 4 ## **IHSAN FOR CHILDREN FOUNDATION Financial Statements for the year ended 5 April 2022** ## **STATEMENT OF TRUSTEES RESPONSIBILITIES** Charity law requires the trustees to prepare statements of accounts for each financial year. In preparing those financial statements, the trustees are required to: - select suitable accounting policies and 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 statement; and - prepare the financial statements on the going concern basis unless it is in appropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records which 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 Charity 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 irregularities. ## Approval This report was approved by the board of trustees on 11 March 2023 and signed on its behalf. Mrs Saffa Iqbal Mir Trustee **IHSAN FOR CHILDREN FOUNDATION Financial Statements for the year ended 5 April 2022** Page 5 ## **INDEPENDENT EXAMINER'S REPORTS** We have examined the accounts on pages 6 to 9 which have been prepared under the historical cost convention and the accounting policies set out on page 8. ## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** As the charity' trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43 of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the base of procedures specified in the General Directions given by the charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to our attention. ## **BASIS OF INDEPENDENT EXAMINERS' REPORT** Our examination was carried out in accordance with General Directions given by the Charity Commissioners. 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 account, 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 we do not express an audit opinion on the view giving by the accounts. ## **INDEPENDENT EXAMINERS' STATEMENT** In connection with our examination, no matter has come to our attention: 1. Which gives us reasonable cause to believe that in any material respect the requirements - to keep accounting records on accordance with section 41 of the 1993 Act; and - to prepare accounts which accord with the accounting records and comply with the - accounting requirements of the 1993 Act. have not been met; or 2. To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Date: 11 March 2023 Mr. A. Hamza E & M Accountancy Ltd Mayfair House 3 Elm Grove Didsbury Manchester M20 6P **IHSAN FOR CHILDREN FOUNDATION** Page 6 STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 6 APRIL 2021 TO 5 APRIL 2022 ||||**2022**||**2021**|| |---|---|---|---|---|---|---| ||||**£**||**£**|| ||Notes|Total|Restricted|Unrestricted|Total
Restricted|Unrestricted| |INCOMING RESOURCES||||||| |Donation||237,113|18,131|218,982|128,787
92,533|36,254| |Total incoming resources||237,113|18,131|218,982|128,787
92,533|36,254| |LESS EXPENDITURE||||||| |Direct Charitable Expenditure|2|220,306|19,929|200,377|44,773
44,773|| |Fundraising Cost|3|366||366|0|| |Administration Cost|4|3,902||3,902|2,126|2,126| |TOTAL RESOURCES EXPENDED||224,574|19,929|204,645|46,899
44,773|2,126| |NET INCOME FOR THE YEAR||12,539|(1,798)|14,337|81,888
47,760|34,128| |BALANCE BROUGHT FORWARD||86,198|47,760|38,438|4,310|4,310| |BALANCE CARRIED FORWARD||98,737|45,962|52,775|86,198
47,760|38,438| ## **IHSAN FOR CHILDREN FOUNDATION** Page 7 **----- Start of picture text -----**
BALANCE SHEET
AS AT 5 APRIL 2022
2022 2021
£ £ £ £
CURRENT ASSETS
Cash at bank and in hand 99,737 86,198
CURRENT LIABILITIES 6 1,000 0
NET CURRENT ASSETS 98,737 86,198
TOTAL ASSETS LESS CURRENT LIABILITIES 98,737 86,198
CHARITY FUNDS 7
General Fund 52,775 38,438
Restricted Fund 45,962 47,760
TOTAL CHARITY FUNDS 98,737 86,198
**----- End of picture text -----**
Approved by the board of trustees on 11 March 2023 and signed on its behalf. Mrs Yosra Saed Agil Chair **IHSAN FOR CHILDREN FOUNDATION** NOTES TO THE FINANCIAL STATEMENTS PERIOD ENDED 5 APRIL 2022 Page 8 ## **1. ACCOUNTING POLICIES** Basis of accounting The accounts have been prepared under the historical cost basis of accounting, and in accordance with applicable accounting standards. ## Income Income is accounted for on receipts basis. ## Incoming resources All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. |**2. DIRECT CHARITABLE EXPENDITURE**
Family & Children Sponsorship
Food Project
Eid Gifts
Ambulances
Total
**3. COST OF GENERATING FUNDS**
Marketing
Total
**4. ADMINISTRATION EXPENDITURE**
Salaries
Postage
Bank Charges
Fees & Subscriptions
Accountancy Fees
Sundries
Total|**2022**
£
160,757
9,959
14,950
34,640
220,306
**2022**
£
366
366
**2022**
£
360
890
1,348
1,000
304
3,902|**2021**
£
44,773
44,773
**2021**
£
0
**2021**
£
295
360
824
647
2,126| |---|---|---| **IHSAN FOR CHILDREN FOUNDATION** NOTES TO THE FINANCIAL STATEMENTS PERIOD ENDED 5 APRIL 2022 Page 9 ## **5. STAFF COSTS** No remuneration was paid to trustees in the year, nor were any trustee's expenses reimbursed. The staff costs were: Salaries Social Security Costs |**2022**
£
0|**2021**
£
0| |---|---| The average number of staff employed by the charity during the year was as follows: |Employed staff
0
**6. CREDITORS:**amounts falling due
within one year
Accruals
Creditors|**2022**
£
1,000
1,000|**2021**
£
0| |---|---|---| ## **7. STATEMENT OF FUNDS** |Balance at 6 April 2021
Net income for the year
Balance At 5 April 2022|General Fund
£
86,198
12,539
98,737|Restricted Fund
_£_
-
-
-|Total Fund
£
86,198
12,539
98,737| |---|---|---|---|