Orphans Education and Welfare Trust Charity No. 1184591
ANNUAL REPORT & ACCOUNTS
FOR
YEAR ENDING
31[ST] December 2021
CONTENTS
| Page | |
|---|---|
| . | Word from the Chair |
| . | Legal and Administrative Information |
| . | Report of the Trustees |
| . | Balance Sheet |
| . | Statement of Financial Activities |
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A WORD FROM THE CHAIR
Welcome to the Annual Report for the Orphans Education and Welfare Trust . Having been a trustee since 2019 I am pleased to have continued in the role of Chair of Trustees. This year has been excellent for placing training and placing volunteers.
The year started positively with a small grant from Slough Borough Council to enable the organisation apply for further funds to sustain the services provided for local people.
Trustees, Staff and volunteers worked extensively to raise funds and apply for grants.
I would like to thank all my fellow trustees for their support and commitment throughout the past year.
Mr. QASEEMULLAH ZALMAI Chair of Trustees
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LEGAL AND ADMINISTRATIVE INFORMATION
Name of the Organisation ORPHANS EDUCATION AND WELFARE TRUST
Date of Charitable Registration 04-11-2019
Charity Registration Number 1184591 QASEEMULLAH ZALMAI Trustee (25.07.19) Chairperson
Centre Manager QASEEMULLAH ZALMAI (25.09.19)
Registered Address
169 TAMAR WAY SLOUGH SL3 8SZ
Bankers Barclays Bank
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REPORT OF THE TRUSTEES
OBJECTIVES AND CLASSIFICATION FOR THE PUBLIC BENEFIT
The Trustees confirm that they have referred to the guidance contained in the Charity Commissions general guidance on public benefit when reviewing the ORPHANS EDUCATION AND WELFARE TRUST aims and objectives and planning future activities.
The objects of the ORPHANS EDUCATION AND WELFARE TRUST is to promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society. For the purpose of this clause ‘socially excluded’ means being excluded from society, or part of society. As a result of being a member of a socially and economically deprived community.
Classification
WHAT
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GENERAL CHARITABLE PURPOSES
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EDUCATION/TRAINING
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THE ADVANCEMENT OF HEALTH OR SAVING OF LIVES
-
RELIGIOUS ACTIVITIES
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ECONOMIC/COMMUNITY DEVELOPMENT/EMPLOYMENT
-
RECREATION
WHO
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CHILDREN/YOUNG PEOPLE
-
ELDERLY/OLD PEOPLE
-
PEOPLE WITH DISABILITIES
-
PEOPLE OF A PARTICULAR ETHNIC OR RACIAL ORIGIN
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THE GENERAL PUBLIC/MANKIND
How
-
PROVIDES SERVICES
-
PROVIDES ADVOCACY/ADVICE/INFORMATION
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Trustees' Responsibilities
The financial statements have been prepared in accordance with the accounting policies herein and comply with the charity's governing document and applicable law. Law, applicable to unincorporated charities in England and Wales, require the Trustees to prepare statements for each financial year that give a true and fair view of the state of affairs of the charity, and of its financial activities during that year. In preparing these financial statements the Trustees are required to:
-
Select suitable accounting policies and then apply them consistently;
-
Make judgments and estimates that are reasonable and prudent;
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Prepare financial statements on an ongoing concern basis unless it is inappropriate 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 enable them to ensure that the financial statements comply with the Charities Act currently in force. The Trustees have the general responsibility for safeguarding the charity's assets and hence for taking reasonable steps for the prevention and detection of fraud and breaches of law and regulations.
Charity Administration
The administration and secretarial duties of the charity are undertaken at the registered office to which all enquiries should be made.
Risk Management & Financial Controls
A review of the major risks to which the charity is exposed has been carried out and systems are in place to mitigate those risks. External risks to source funding have led to the development of a strategic/business plan that will encourage the future diversity of the funding streams. Internal risks are minimised by the implementation of financial controls and procedures that are reviewed on an annual basis. The 2017/18 review did not highlight any issues.
Auditor(s) / Independent Examiner
The Trustees at its Annual General Meeting will propose a resolution for the appointment or reappointment of Auditor(s) or Independent Examiner.
Auditor / Independent Examiner’s Awareness
So far as the Trustees are aware, there is no relevant information of which the independent examiner is unaware, and they have taken all reasonable steps to make themselves aware of any relevant information and to establish that the independent examiner is aware of that information.
Treasurer’s Report (Review of Financial Business)
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Details in this report appertain to business for the financial year ending 31st March 2018.
Tax Status
The charity is entitled to those exemptions from UK taxation, which are available in law to charities.
Incoming Financial Resources
This financial year the Charity received an income of £622.51 and had a carry forward balance of £0.00 making the total available financial resources to the organisation of; £622.51 of which £622.51 is currently held in Barclays’ Bank PLC Current Account.
(a) Income from Slough Borough Council Government
No funding was forthcoming from local or national Government.
(b) Other Income
A sum of £15 Additional income from various sources was received by the Charity and is shown on this report. All income has been used for the purposes for which they were given.
Investment Policy & Accounts
Trustees have considered the most appropriate policy for investing funds and since the greater proportion of funds are required to meet short-term commitments; the funds have been put on current account, taking into account the requirements of the organisation.
Additional Investments
ORPHANS EDUCATION AND WELFARE TRUST has no additional investments, other than that described above.
Staf Salary Policy
No salary has been paid.
Fixed Assets
No fixed assets.
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Income and Expenditure Summary
| Income and Expenditure Summary | |
|---|---|
| Incoming Resources year ending 31st Dec 2021 | |
| £622.51 | |
| Balance C/F from previous year | |
| £0.00 | |
| ------------ | |
| --- | |
| Total | £622.51 |
| ------------ | |
| --- | |
| Expended Resources during the fnancial year ending 31st March 2018 | |
| £0 | |
| --------------- | |
| Balance carried forward at 31st March 2018 | |
| £622.51 | |
| ------------ | |
| --- | |
| Breakdown of Incoming Financial Resources | |
| National Lottery | £0 |
| Slough | £0 |
| PayPal | |
| £607.51 | |
| Direct Donations | £ 15 |
| The Board of Trustees approved a balanced budget for | 2020/2021 |
| All detailed independently examined accounts are contained within this | |
| report. |
Chair
(For Financial Year 2020/2021)
Approved by the Board of Trustees and signed on their behalf by:
Signed………………………………………
Name Mr QASEEMULLAH ZALMAI
Date
7
BALANCE SHEET
Balance Sheet at 31st December 2021
Notes Form Part of the Financial Statements
Note 2021 2020 FIXED ASSETS Tangible Assets £0.00 £0.00 CURRENT ASSETS Debtors £0.00 £0.00 Cash in bank and in hand: Current Account £622.51 £0.00 ---------------------------Total £622.51 0.00 ---------------------------- CREDITORS amount falling due £0.00 £0.00 @ 31st Dec 2021 ------------------------------ NET CURRENT ASSETS £0.00 £0.00 -------------------------------------------------- NET ASSETS £0.00 £0.00 --------------------------- FUNDS Unrestricted £622.51 £0.00 Restricted £0.00 £0.00
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TOTAL ASSETS
--------------------------£622.51 £0.00 -------------------------£622.51 £0.00 ---------------------------
Approved by the Board of Trustees and signed on their behalf by:
Mr QASEEMULLAH ZALMAI
…………………………………….
STATEMENT OF FINANCIAL ACTIVITY
Notes form part of the Financial Statements
| Notes | Unrestricted | Unrestricted | Unrestricted | Restricted | Restricted | Total | |
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | |||||
| £ | £ | £ | |||||
| Incoming | |||||||
| Resources | |||||||
| Direct Grants Receivable | £0.00 | ||||||
| Sundry Income/Donations |
£622.51 | 622.51 | |||||
| -------------- | --------------- | --------------- | |||||
| Total | £622.51 | £0.00 | £622.51 | ||||
| -------------- | --------------- | --------------- | |||||
| Net Incoming/(Outgoing) | |||||||
| Resources | 0.00 | ||||||
| Balance Brought Forward | £0.00 | ||||||
| ---------------- | |||||||
| Balance Carried Forward | £622.51 | ||||||
| ---------------- |
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Statement of total recognised gains and losses
The charity has no recognized gains or losses other than the balance shown for the period.
Incoming Resources
Income from grants represents the amounts received, together with associated tax refunds
(where applicable)
Funds 2021
Unrestricted Restricted National Lottery £0 Global Skill £0 Pharma Consultant £0 Direct Donations £ 622.51 --------------------Total £622.51 £0 ---------------------------Total All Funds £622.51 ------------
Expended Resources
Resources expended are accounted for on an accruals basis. All charitable expenditure relates to the running of the organisation and provision of services.
Funds 2021
Unrestricted Restricted Rent £0.00 Gas & Heating £0.00 ----------- Total £0.00 ---------------
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Employees
The number of persons directly employed by the Charity up to 31st December 2021 was one
Mr QASEEMULLAH ZALMAI Trustee
There are no employees with emoluments over £60,000 p.a. or salary paid
Tax on proft on ordinary activity
No liability to taxation arises by virtue of the organisation's charitable status.
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