# **MAI FATIMA FOUNDATION ANNUAL ACCOUNTS** **www.maifatima.org** MAI FATIMA FOUNDATION | REGISTERED NUMBER: 1187907 ## **TRUSTEES' REPORT** The trustees present their report and accounts for the year ended 31 March 2023. ## **PRINCIPAL ACTIVITIES** The charity's principal activity is the prevention or relief of poverty, or financial hardship of orphans, widows and other people in need, in Malawi and United Kingdom by providing, assisting and advising in the provision of food, housing, education and health care projects. ## **TRUSTEES** The following persons served as trustees during the year: - Fatimah Patel (appointed 17 August 2020) - Arif Amir Sokwala (appointed 12 February 2020) - Mahomed Shabeer Sacranie (appointed 12 February 2020) - Safiyah Sacranie (appointed 12 February 2020) - Hassan Shabir Abba (appointed 12 February 2020) ## **RECRUITMENT AND APPOINTMENT OF TRUSTEES** The charity is governed by a board of trustees, apart from the first charity trustees, every trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. ## **TRUSTEE INDUCTION AND TRAINING** The charity trustees will make available to each new charity trustee, on or before his or her appointment - a copy of the current version of this constitution and a copy of the CIO's latest Trustees' Annual Report and statement of accounts. ## **RESERVES POLICY** The trustees aim to ensure that sufficient funds are maintained to enable the charity to carry out its activities. page **02** Mai Fatima Foundation MAI FATIMA FOUNDATION | REGISTERED NUMBER: 1187907 ## **RISK MANAGEMENT** The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks. ## **PUBLIC BENEFIT STATEMENT** The trustees have considered the general guidance on public benefit issued by the Charities Commission and have taken due regard of that guidance. The trustees consider that they are satisfied that the charity's activities do provide a public benefit. ## **RESULTS FOR THE YEAR** The charity reported a loss of £1,514.00 for the period of operations. The detailed results are set out in the attached financial statements. ## **SAFIYAH SACRANIE** ## S. Sacranie Chair Person 08 January 2024 page **03** Mai Fatima Foundation <--J Mai Fatima Foundation Mal Fatlma Foundatlon Independont Examlners's Report to the Trusteees of Mal Fatima Foundatlon I report on the accounts of Mai Fatima Foundation for Ihe eThJed 31 March 2023. which are sel out on pages 4 to 7. Ro$po￿l¥? rosponslbllltlgs of Iwstogs and examlnor The Charivs trustees are res[￿sIble for the preparab.on of the accounts. The Charitys tru51ees consider that an audrt 1$ nol required for this year under section 14412) of the Charilies Act 2011 Ilhe 2011 Act) and an irNlependenl examination is needed. It ts my responsibility lo.. examine the accounts under seclion 145 of the 2011 Acl: to follow the procedures laKI dovm in the General Directions given by the Charity Commission under Sectlon 145(S1{bl of the 2011 Act.. arKI lo state whether partKular matter5 have come lo my attenti￿. Basls of Independent axamlnèrfs r•port My examination was earned out in accordance wrth General Directsons given by the Charity Commission. An examinatson includes a review ol the accounting records kept by the charity and a comparison of the accounts presented those records. It also includes consideration of any unusual ilems or dixlosures in the accounts. and seeking explanatsons from you as Iwslees conceming any such matters.The procedures underlaken do not provhle all the evidence that would be required in an audit. and consequently no opinion is given as to whether the accounts present a Irt￿ and fair Vie￿ and the report is limited to those matters set out in the slalemenl belw. Ind•pendont •xamlnor's statemonl In connection wilh my examination, no matter has o)me lo my attention: il which gives me reasonable cause to believe that in any material resp8cI th8 requirements.. to keep accounting records in ac￿rdance wfth se¢th?n 130 of the 2011 Act., and to prepare accounts which accord with the accounling records and comply with the accounting requirements of the 2011 Ac( have not been mel., or ill lo which, in my opinion, 8ttenbM should be drawn in order lo enable prowr uTrJernlandirwJ of Ihe arxounts to be reached. Leicester Commercial Accounlants Unil C 1 sl FI￿r Offices 122 Bridge Road Leicester LE5 3QN 3 January 2024 page 04 | Mai Fatima Foundation ## **MAI FATIMA FOUNDATION INCOME & EXPENDITURE ACCOUNT** Mai Fatima Foundation page **05** <--J Mai Fatima Foundation MAI FATIMA FOUNDATION BALANCE SHEET Mal Fatlma Foundatlon Balance Shegt as at 31 March 2023 2023 2022 Currgnt •••gts Bankjbuilding ￿>￿ety balartts 12,789 14.302 Currgnt Ilabllllles Othor liobiliti08 and a¢Grual¥ N•t curr•nt a•••ts 12.6r 14.122 Not assets 12.608 14.122 Accumulat￿ Fund• Balance al start of period Reserves 14.122 (1.514) 33.734 {19.6121 page 06 | Mai Fatima Foundation <--J Mai Fatima Foundation MAI FATIMA FOUNDATION NOTES TO THE ACCOUNTS Mal Fotlma Foundallon Notes to the Accounts for the yoar èndod 31 March 2023 l Accountlng polbcl•• BKIS ofprgparallon The accounts have been drawn up in accordarKe with the Slatemenl of Recommended Practice ISORPI ."A¢¢ountiry arwj Rwtiiwj by Chariles" ISSU￿ by Ihe Charity Crjnnwssiongrs in England and Wales. Income Incorr* Is accC￿nIed for a recthpt5 basi$. R•stsurtès expend Resources expended art 8ccounl8d lor 88 IM h8bllrty18 *thrred. Exponditure indudes Wr¥￿V91￿bl8 VAT whith 1$ r?￿rted a$ part of Ihe •xp•nditure lo wlM¢h it rdate$. FundA¢counliry All funds and incorrE are unrestricted for the obiectNes of Ihe charity. There are no unrestricled funds Incom• •nd •Y￿nd￿lur• 4Th•￿￿$ 2023 2022 Incomlng ReJoure•s Donations- general 6.096 27.988 Oijtgolng Rmourc o￿alK)n$ Pa￿ OLrt Bank charges Acctyjntancy fees Legal Costs Adverb'sirvJ 7,358 72 46,520 256 600 47,6(M) 7,61 To1oph¢)ne. fax. stallon•ry and oth•f offlce ￿$tr Sofvare Accountsncy. hg•l Ind oth•r prof••iloMI f••* Other legal and professiC￿al page 07 | Mai Fatima Foundation ,rt Mai Fatima Foundation Registered Charlty Number.. 1187970 Give today to make tomorrow better www.maifatima.org info@maifatima.org page 08 | Mai Fatima Foundation