PakAID
(A Company limited by Guarantee)
Company Number 11732775
Registered Charity No. 1183821
DIRECTORS, AND TRUSTEES. REPORT
AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
LLI
LFE
SE
DIT AND ADVISOR
ER
Ch rtere
cc
or

kAID
(A Company limited by Guarantee)
Charity Number 1183821
Company Number 11732775
FI
CIAL STAT
HE YEAR E
1ST DE
EMB
NTENT
Pages
Legal and Admlnlstrative Information
Directors, and Trustees, Report
Auditors. Report
Statement of Financial Activities
io
Balance Sheet
li
Notes to the Financial Statements
12-16

PakAlD
(A Company limited by Guarantee)
Charity Number 1183821
Company Number 11732775
AR END
31sf D
EMBER
02
GALA
ADMI
STRAT
NF
ON
Incorporation Number:
11732775
Registered Charity Number: 1183821
Trustees/Directors.'
Ms A A Chaudhry
N Javaid
Mrs A Iqbal
Key Management Personnel S Yusaf - Executive functions, lead
A Hossain
Finance functions, lead
The above are employees at Al-Khair Foundation
(UK Charity No. 1126808)
Registered Offlce:
918 Manchester Road,
Bradford,
BD5 8DH
Auditors..
Elliot, Woolfe & Rose Audit and Advisory Services LLP.
Chartered Accountants
Devonshi￿ House,
582 Honeypot Lane,
stanmore,
Middlesex HA7 IJS
Solicitors:
L B Monier-williams LLB
l The Sanctuary
London, SWIP 3JT
Bankers:
Lloyds Bank plc
25, Gresham Street
London, EC2V 7HN
Governing Document..
Memorandum and Articles of Assoclation
dated 18th December 2018

Pa
(A Company limited by Guarantee)
Charity Number 1183821
Company Number 11732775
TRUSTE
EPORT
THE YE
ST
The Directors and Trustees present the annual report and the financial statements for the year ended
31st December 2023.
LEGAL AND ADMINISTRAllvE DETAILS
PakAID is incorporated under the Companies Act 2006 as a company Limited by Guarantee. The
Company obtained charitable status with the Charity Commission on 10th June 2019 under
registration number 1183821. Only mernbers of the Company may be appointed Directors/Trustees.
New Trustees go on an Indurtion Course when first appointed.
The following Directors who are regarded as trustees of PakAID held offfice during the year ended
31st December 2023.
Ms A A Chaudhry
N Javaid
Mrs A Iqbal
Al-Khalr Foundation. la UK registered charity No 1126808) are responsible for rsjnning the day-to-
day artlvities of the Charity without charge.
TRUSTEES. RESPONSIBIUTIES
The Trustees are responsible for preparing the Annual Report and the financial statements in
accordance with the applicable law and regulations.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the
Mernorandum and Articles of Association, and Accounting and Reporting by Charities- Statement of
Recommended Prattice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard for Smaller Entities. In preparing these financial statements, the
trustees are required to..
Select suitable accounting policies and apply them consistentlyi
Make judgements and estimates that are reasonable and prudent.
Have due regard to guidance published by the Charity Commissioners on public benefit;
Prepare the financial statements on the going COn￿mS basls unless it is Inappropriate to
presume that the company will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with the reasonable
accuracy at any time the financial position of the cornpany and to enable them to ensure that the
financial statements comply with normally accepted accounting conventions. They are also
responsibly taking steps for the prevention and detection of fraud and other irregularities. They
delegate day-to-day running of the Charity to the CEO of Al-Khair Foundation.
The trustees are responsible for the maintenance and integrity of the corporate financial information
included on the company's website. None of our Trustees receive remuneration, expenses or other
benefits from the Charity.

kAID
(A Company limited by Guarantee)
Charity Number 1183821
Company Number 11732775
DIRE
TOR
'ANDTR
NDED
(contlnued)
TEES. REP
RT
ST
Statement as to dlsclosure to our auditors
In so far as the trustees are awa￿ at the time of approving OLTrr trustees, annual report:
there is no relevant infomiation, being rnfomiation needed by the auditor in connection
with preparing their report, Df which the group's audltor is unaware, and
the trustees, having made enqulries of fellow directors and the group's auditor that they
ought to have individually taken. have each taken all steps that they are obliged to take
as a director in order to make themselves awa￿ of any relevant audit information and to
establish that the auditor is aware of that information.
Mis$lon Statement
PakAID is a registered charity and company limited by guarantee. The initial funding was from Al-
Khair Foundation. PakAID is run by a board of directors that meet approx. every two months to
agree the strategic direction of the or9anisation and review operations.
The overall mission of PakAID is the prevention of, or relief of poverty or hardship in Pakistan or
anywhere in the world, by providing grants, items and services to individuals in need andlor
charities. or other organisations working to prevent or relieve poverty or hardship.
The charity will further its mission additionally by also acting as an Implementing Partner
Organisation 11P0) to other charities who can avail the expertise which the Charity has developed.
Public Benefit
The Trustees confirm that they abide by the Charity Commission's general guidance on public
benefit, complylng with $4 of the Charities Art 2011 to have due regard to public benefit in pursuance
of its, objectives and artivities.
Review of Progress and Achievements
The trustees are sat15fied at the pmgress of the Charity since inception.
PakAID was launched on 9 January 2019 in London at a prestigious event attended by over 500
guests including dignitaries from the UK and Pakistan and presided over by Chaudhry Mohammad
Sarwar (then Governor of Punjab, Pakistan) and Imam Qasim Rashid Ahmad (Founder & Chairman
of Al-Khair Foundation and IQRA Tvs).
Since inception, PakAID has set-up its UK operations base and initiated colltaet with NGOS and
INGOS in the UK and Pakistan for the furtherance of its objertives and has cultivated an expertise
to deliver (amongst others) WASH, Shelter, and Religious dues activities and conduct these as an
Ipo.
The Charity prevlously purchased a property in Chorley {Lancashire) which will generate income and
support operations. This is a substsntlal property which will eventually house PakAID's UK HQ and
operations and additionally art as a warehoijse. The property is being leased and repaire(J and the
Trustees have commissioned several reports on usage to maximise incorne generation.

akAID
(A Company limited by Guarantee)
Charity Number 1183821
Company Number 11732775
DIRECTORS, AND TRUSTEES. REP
FOR THE YEAR ENDED
(continued)
RT
ST
MBE
During the course of the year under review, PakAID made good progress in delivering
humanitarian assistance, positively impacting over 75,000 beneficiaries across Sindh, Punjab,
Khyber Pakhtunkhwa {KPKI, and Azad Jammu and Kashmir (AIKI.
The efforts spanned a range of critical projects aimed at improving living conditions and providing
essential services to the most vulnerable populations.
Key Achievements..
Construction of 175 Mosques..
PakAID successfully built 175 mosques in four different regions of Pakistan,
benefiting approximately 21,250 individuals.
These mosques not only Served as places of worship but also as community
centres where local residents could gather and engage in social and educational
activities.
Construction of 145 Houses for Widows and Needy Farnilies-.
As part of its housing initiative, PakAID constructed 145 houses for widows and
families in need, providing shelter to 985 individuals.
This project airned to offer safe and secure housing to those who had lost their
homes due to financial hardship or other crises.
4,847 WASH Projects (Water, Sanitation, and Hygiene)=
PakAID implemented 4,847 WASH-based project5 across KPK, Punjab, Sindh, and
A3K, significantly improving access to clean water and sanitation facilities.
These projects direttly benefited over 55,000 individuals, helping to reduce
waterborne diseases and improve overall hygiene and health standards in
underserved communities.
In addition to its extensive humanitarian efforts, PakAID also implemented essential religious dues
programs during Ramadan and Qurbani, addressing both the spiritual and material needs of
vulnerable communities.
Ramadan Initiatives..
During the holy month of Ramadan, PakAID distributed food packages and
essential Supplies to underprivileged families, ensuring they had sufficient
resources to obseNe fasting and celebrate Ramadan with dignity.
Zakat {charitable giving), Sadaqah (voluntary charity), and Jftar prograrns were
organized, enabling beneficiaries to receive much-needed support during this
critical time.
Qurbani Program..
During the Islamic festival of Eid al-Adha, PakAID facilitated Qurbani - meat and
cooked meals were distributed to families Sn need across various regions.
This initiative provided nutritious meals to thousands of individuals, particularly
those who rarely have access to protein-rich food, makin9 the celebration of Eid
meaningftjl for disadvantaged Communities.
Through these initiatives, PakAID demonstrated its commitment to enhancing the well-being of
communities across Pakistan by addressing their immediate and long-term needs. By constructing
mosques, houses, and critical WASH infrastructure, the organization played a pivotal role in
transfomiing the lives of thousands of people. Additionally, through the religious dues programs,
PakAID not only supported the physical well-being of vulnerable populations but also upheld their

akAID
(A Company limited by Guarantee)
Charity Number 1183821
Company Number 11732775
DIRE
'ANDTR
TEES. REP
AR ENDE
31ST DECE
{¢ontinued)
cultural and religious tradltlons, fostering a sense of inclusion and community during significant
Islamic events.
202
Future Works
The Trustees will ensure that PakAID remains committed to the prevention or relief of poverty or
hardship in Pakistan or anywhere in the world, by providing grants, items and service5 to
individuals in need and/or charities, or other organisations working to prevent or ￿lIeVe poverty or
hardship.
PakAID will work with other INGOS and governmental agencies to foster and nurture effective
partnerships to deliver in the areas of water security, food and livelihood security. education and
healthcare, in order that affected a￿a$ make a transition from degendency to self-suffficiency for
beneficiaries in Pakistan.
The Board are committed to growing the organisation commensurate with its ability to deliver its
goals, with the focus currently in the UK and Pakistan.
Risk Management
Flnancial Rlsk
The Trlfstees have the overall responsibility for ensuring that PakAID has an appropriate system of
controls, financial and Othe￿1$e, across the entire organisation in order to provide reasor*able
assurance that..
Proper records are maintained,
Financial information is regularly available,
Its assets are safeguarded against unauthorised use or disposition.
Regulatory Rlsk
PakAID ensures that there are systems and controls in place to ensure that it complies with all
relevant laws and regulations.
Operatlonal Risk
The Board of Trustees has concentrated on those areas where the Charity is potentially at risk and
includes continuètion of funding to ensL*re solvency.
Through these procedures, the Trustees are satisfied that all major risks have been identified and
Pro￿dL1res implemented so that key risks are adequately minimised.
Reserves Policy
The aim of PakAID's Reserves Policy will be to ensure that its ongoing and fijture attivitie5 are
reasonably protetted from unexpected financial risks. These could include..
Unexpected changes in funding streams or costs,
Changes in working capital requirements to meet cash-flow needs.
Specific funds reqUI￿d to meet unexpected one-off items of expenditure.
Mrs Almas IQBAL
Board of Trustees
25 September 2024

PakAID
(A Company limited by Guarantee)
Charity Number 1183821
Company Number 11732775
NDEPEND
R THEY
IT
REPORT
EMBE
EP
RTF
OpinSon
We have audited the accounts of PakAID (the'charity,) for the year ended 31 December 2023 whieh
comprise the Statement of Financial Activities including Income and Expenditure, the Balance Sheet,
and the notes to the accounts. Including a summary of significant accounting policies. The financial
reporting frarnework that has been applied in their preparation is applicable law and United Kingdo
Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and
Republic of Ireland (United Kingdom Generally Accepted Accountin9 Practice}.
In our opinion the accounts..
Give a true and fair view of the state of the charitable company's affairs as at 31 December
2023 and of its incoming resources and application of resources for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice: and.
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for oplnion
We condurted our audlt in accordance with Intemational Standards on Auditing {UKI ISAS (UK) and
applicable law. Our responsibilities under those standards are further described in the Auditors
responsibilities for the audit of the financial statements section of our report. We are independent
of the Charity in accordance with the ethical ￿qUirementS that are relevant to our audit of the
accounts in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relating to going concern
In auditing the financial statements, we have concluded that the Trustees, use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material Ljncertainties relating to
events or conditions that, individually or collectivelyi may cast sFgnificant doubt on the Charity's
ability to continue for a period of at least twelve months from when the financial statements we
authorised for issue.
Our responsiblllties and the responsibilities of the Trustees with respect to going concem are
described in the relevant sections of this ￿port

(A Company limited by Guarantee)
Charfjty Number 118382 1
Company Number 11732775
INDEPENDENT A
DITOR'S REPORT
R ENDED 31ST DE
ntinued
EMBER 202
Other Information
The other information comprises the information included in the annual report other than the
financial statements and our auditor's report thereon. The Trustees are responsible for the other
information contained within the annual report. Our opinion on the financial statements does not
cover the other information and, except to the extent otheNise explicitly stated in our report, we
do not express any form of assurance conclusion thereon. Our responsibility is to read the other
information and, in doing so, consider whether the other information is materially inconsistent with
the financial statements, or our knowledge obtained in the course of the audit, or otherwise appears
to be materially misstated. If we identify such material inconsistences or apparent material
misstateffjents, we are required to determine whether this gives rise to a material rnisstatement in
the financial statements themselves. If. based on the work we have performed, we conclude that
there is a material misstatement of this other information, we are required to report that fact.
In confiection with out audit of the accounts. our responsibility is to read the other information and,
in doing so, consider whether the other Information is materially inconsistent with the accounts or
our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify
such material inconsistencies or apparent material misstatements, we are required to determine
whether there is a material misstatement in the accounts or a material misstatement of the other
information. Jf, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are reqUI￿d to report that fact.
We have nothbng to report in this regard.
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit:
the information given in the Trustees. Report, which includes the directors, report prepared
for the purposes of company law, for the financial year for which the financial statements
are prepared is consistent with the financial statements- and
the direttors, report included within the Trustees. report has been prepared in accordance
with applicable legal requirements.
Matters on whlch we are required to report by ex¢eption
In the light of the knowledge and understanding of the Charity and its environment obtained in the
course of the audit, we have not identified material misstatements in the directors. report included
within the Trustees report.
We have nothing to report in respect of the followin9 matters in relation to which the Companies Act
2006 requires us to report to you if, in our opinion-
adequate accounting records have not been kept, or returns adequate for our audit have not
been received from branches not visited by us- or
the financial statements are not in agreement with the accounting records and returns,. or
certain disclosures of trustees, remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit- or
the Trustees were not entitled to prepare the financial statements in accordance with the
small companies regime and take advantage of the small companies. exemptions in
preparing the Trustees, report and frorll the reqU1￿ment to prepare a strategic report.

(A Company limited by Guarantee)
Charity Number 1183821
Company Number 11732775
DEPENDENT AUDITOR'S REP
RT
continu
R TH
R ENDED
1ST DEC
MBER 2023
Re$ponsibilities of trustees
As explained more fully in the Trustees, Responsibilities Statement, the trustees, who are also
dirertDrs of the charitable company for the purposes of company law, are responsible for the
preparation of the accounts and for being satisfied that they give a true and fair view, and for such
internal control as the trustees determine is necessary to enable the preparation of accounts that
are free from materbal misstatement, whether due to fraud or error. In preparing the accounts, the
tnjstees are responslble for assessing the charity's ability to continue as a going concern. disclosing,
as applicable, matters related to going concern and using the going concern basis of accounting
ursless the directors either intend to liquidate the company or to cease operations, or have no ￿alIstiC
alternative but to do so.
Audltor's responslbilities for the audlt of the accounts
Our objectives are to obtain reasonable assurance about whether the financial statements, as a
whole, are free from material misstatement, whether due to fraud or error, and to issue an auditor's
report that includes our opinion. Reasonable assurance is a high level of assurance but is not a
guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material
misstatement when it exists. Misstatements can arise from fraud or error and considered material
if, individually or in the aggregate, they could reasonably be expetted to influence the economic
decisions of users taken on the basis of these financial staternents.
Irregularities, including fraud, are instances of non-cornpliance with laws and regulations. We design
procedures in line with our responsibilities. outlined above, to detert material misstatements in
respect of ir￿gUI?rities, including fraud. The extent to which our procedures are capable of detecting
irregularities. including fraud, is detailed below.
As part of our planning process..
We enquired of management the systems and controls the charity has in place, the areas of
the financial statements that are most SU5ceptible to the risk of irregularities and fraud, and
whether there was any known, suspetted or alleged fraud. The Charlty did not inforffl us of
any known, susperted or alleged fraud.
We obtained an Ljnderstanding of the legal and regulatory frameworks applicable to the
charity. We determined that the following were most relevant.. the Charities SORP, FRS 102,
Charities Act 2011, Companies Act 2006, and laws relating to safeguarding and health and
safety-
We considered the incentives and opportunities that exlst in the Charity, including the extent
of management bias, whlch present a potential for Irregularities and fraud to be perpetuated
and tailored our risk assessment accordingly.
Using our knowledge of the Charity, together with the discussions held with the Charity at
the planning stage, we forrned a Conclusion on the risk of misstatement due to irregularities
including fraud and tailored our procedures according to this risk assessfflent.

AID
(A Company limited by Guarantee)
Charity Number 1183821
Company Number 11732775
INDEPENDEN
FOR THE
AUDI
REND
REP
con
nued
D 315T DECEMBER 2023
The key procedures we undertook to detert irregularities including fraud durfng the course of the
audit included..
Identifying and testing journal entries and the overall accounting records, in particular those
that were significant and unusual.
Reviewlng the financial statement disclosures and determining whether accounting policies
have been appropriately applied.
Assessing the extent of compliance, or lack of, with the relevant laws and regulations.
Testing key income lines, in particular cut-off, for evidence of management bias.
Assessing the validity of the classification of income, expenditure, assets and liabilities
between unrestricted, designated and restricted funds.
Performing a physical verification of key assets.
Obtaining third-party confirmation of material bank balances.
Documenting and verifying all signlflcant related party balances and transactions.
Revlewing documentation such as the charity board minutes for discussions of irregularities
including fraud.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have
detected some material misstatements in the financial statements even though we have properly
planned and performed our audit in accordance with auditing standards. The primary responsibility
for the prevention and detection of irregularities and fraud rests with the trustees of the charity.
A further description of our responsibilities is available on the Financial Reporting Council's website
at: htt
www.frc.or
.uk
auditorsres
report.
This description forms part of our auditor's
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with
Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we
might state to the charitable Company's members those matters we are required to state to theffl in
an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not
accept 01 assume responsibility to anyone other than the charitable company and the charitable
company's Members as a body, for our audit work, for this report, or for the opinions we have
formed.
S.N. Seifert B.A. F.C.A.
{Senior Statutory Auditor)
For and on behalf of
Elliot, Woolfe & Rose Audit and Advi50ry Services LLP.
Statutory Auditor
Devonshire House,
582 Honeypot Lane.
Stanmore,
Mlddlesex HA7 IJS
25 September 2024

(A Company limited by Guarantee)
Charity Number 1183821
Company Number 11732775
STATEMENT OF FINANCIAL ACTIvrrIES AND INCOME AND EXPENDITURE
ou
ST
nr
Fun
E tablishmen
elu
co
Restnct
Funds
IN
OME FR
Donation5
1.393.959
1,393,959
2,715,762
£1.393.959 £1,393,959
£2,715,762
PEND
Raising Funds
Charitable Activities=
Humanitarian ￿sponse
WASH
Religious dL+es
474,126
1.875,998
1,007,555
1,521.700
417,265
1.521.700
417.265
TOTAL EXPENDITURE
£1,938.965
£1,938.965
£3.357,679
NET INCOMEIILOSSI
{545,006)
1545,016)
1641,917)
Total Funds brought forward
2,055,512
2,055,512
2,697,429
TOTAL FUNDS CARRIED FORWARD
£1,510.506
£1,510,506
£2.055,512
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derlve from continuing activities.
The Notes on pages 12 to 16 form part of the Financbal Statements.
10

PakAI
(A Company limited by Guarantee)
Charity Number 1183821
Company NL¢mber 11732775
ALANCE
HEET
AT
1ST DECEM
ER2
23
Note
FIXED ASSEfS
Tangible assets
1,305,898
1,318,480
RRENT A
SETS
Cash at Bank and In Hand
210,608
743,032
NTL
ITIE
Creditors.. amounts falling due within one year
(6,000)
(6,0001
le
current li
1,510,506
2,055,512
ASSETS
£1,510,506
£2,055,512
FUNDS EMPLOY
Unrestritted Funds
Restricted Funds
1,510,506
2,055,512
fund
£1,510,506
£2,055,5 12
The Notes on pages 12 to 16 form part of the Financial Statements.
These Financial Statements have been prepared in accordance with the Companies Act 2006 relating
to Small Companies.
Approved by the Trustees/Directors on 25 September 2024 and signed on their behalf by:
Mrs Alma5 IQBAL
Chair of Trustees

PakAID
(A Company limited by Guarantee)
Charity Number 1183821
Company Number 11732775
TEST
TH
MENTS
R THE YEAR ENDED
ST
BeR2
a) 8asls of accounting
The financial statements of the charitable company, which is a public benefit entity under
FRS 102, have been prepared in accordance with the Charities SORP {FRS 1021 '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) (effective l January 20151., Financial Reporting
standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland. and the Companies Act 2006. The financial statements have been prepared under
the historical cost convention.
b) Ba$1$ of preparation
The financial statements have been prepared on the historical cost basis, as modified by
the revaluatlon of certain financial assets and liabilities and investment properties
measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the
entity.
¢) Going concern
There are no material uncertainties about the charity's ability to continue.
d) DIKlosure exemptlons
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such,
advantage has been taken of the following disclosure exemptions available under
paragraph 1.12 of FRS 102.. (al No cash flow statement has been presented for the
company. (b} Disclosure5 In respect of financial instruments have not been presented.
e} Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make J"udgements,
estimates and assumptions that affect the amounts reported. These estimates and
judgements are continually reviewed and are based on experience and other fartors,
including expettations of future events that are believed to be reasonable under the
circumstances.
f) Fund accountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of
the charity's purposes.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal and fall into one of two sub-classes.. restricted income fund5 or
endowment funds.
12

PakA
(A Company Ilmited by Guarantee)
Charity Number 1183821
Company Number 11732775
TE
FINAN
TEMENTS
R THE
AR ENDED
DE
(continued)
TIN
PakAID is a registered charity and not subjert to Income or Corporation tax on its Income or
Activities provided that resources are expended on the defined Charitable Artivities.
The property acquired in earlier years has been depreciated in line with recommended rates for
buildings.
These accounts comply wlth The Charities SORP FRS 102.
MI
Un
strtcted
Fund
Re
ricted
Fun
tal
Donations
Voluntary Income Grants
El,393,959
£1,393,959
£2.715.762
NDIT
HARITAB
VITI
st
tal
2023
2022
stof
eneratin
haritable Activiti
Humanitarian response
WASH
Religious dues
474,126
1,875,998
1,007,555
1,496,617
410,387
25,083
6,878
1.521,700
417,265
Total Charitable Activities
£1,907,004
£31,961
£1,938,965
£3,357,679
AII costs are from restrlrted funds.
13

PakAID
(A Company limited by Guarantee)
Charity Number 1183821
Company Number 11732775
E FINAN
AL
TATEM
FOR THE YEAR ENDED 31ST D
(continued)
fEm
ee
There are no employees; all management functions are carried out by Dlrectors and
employees of Al-Khair Foundation (see Legal and Administrative details on page 21.
ru
'Re
ner
tio
nd
The Trustees received no Remuneration, Expenses or Benefits. No indemnlty insurance is
paid for the Trustees.
14

(A Company Ilmited by Guarantee)
Charity Number 1183821
Company Number 11732775
TES TO THE FINA
TATEMENTS
srDE
(contlnued)
EMBER
Freehold
Freehold
Buildin
As at l January 2023
Additions
Release
As at 31 December 2023
98.005
1.258,221
1,356,226
£98,005
£1,258,221
£1,356,226
As at l January 2023
Charge for the year
Release
As at 31 December 2023
37,746
12,582
37,746
12,582
£50,328
£50,328
IDe
mber 2023
E98,005
£1,207,893
£1,305,898
IDe
ember 2022
£98,005
£1,220,475
£ 1,318,480
£1.5 million was allocated for office acquisition and set up costs, from which the trustees agreed
to purchase a property to utilise as a UK Head Office, and to generate unrestricted income for it5
ongoing operations. The purchase was completed in March 2020 and £1,500,000 was transferred
to'Restricted Fund5 U.K. Establishment set up costs., and from this fund, the costs of the freehold
and other associated costs were taken.
RED
E WITHI
Audit fee
6,000
6,000
There were no capital and refurbishment commitments at 31st December 2023.
IN
ENT LIABILIT
There were no contingent liabilities at 315r December 2023.
15

(A Company limlted by Guarantee}
Charity Number 1183821
Company Number 11732775
STOTHEFI
AL
TA
EM
E YEAR END
1ST DECEMB
(continued)
23
ARTY T
The Related Party transactions to be reported are the major continuing assistance and help
received from Al-Khair Foundation, whose staff are assisting the Trustees in the rnnning of the
Charity. During the year, donations were received from Al-Khair Founéation of £1,393,959.
(2022 £2,715,762).
Funder
Balance at
In
ome
Ex
Transf
an
Reallocation
5t Dec
mber
2023
UK Setup costs
Designated Fund
{Fixed assets)
Humanitarian
Response
Community Donations
WASH
Religious Dues
Al Khair Foundation
54,361
54,361
1.318,480
(12,5821
1,305,898
682,671
976,694
417,265
{ 1,521,700)
(417,265)
12,582
150,247
£2,055,512
£1.393,959
£(1,938,9651
£1,510,506
io.
FNEfAS
EENF
stricted
o$L￿￿d Total 2023
Fixed assets
Cash at Bank
Creditors
1,305,898
210,608
16,0001
£1,510,506
1,305,898
210,608
1,318,480
743,032
16,000)
£2,055,512
£1,510,506
16