**REGISTERED CHARITY: 1188979 COMPANY NUMBER: CE021474**
## **SUFFAH TRUST**
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 01 JANUARY 2021 TO 31 DECEMBER 2021**
REFERENCE AND ADMINISTRATIVE DETAILS
The trustees, present their report with the financial statements of the charity for the period 1[st] January 2021 to 31[st] December 2021.
## **INCORPORATION**
The CIO Foundation was incorporated on 08 April 2020.
## **Registered Charity Number**
1188979
## **Registered Office**
425 Flat Ley Street Ilford, IG1 4AD
## **Trustees**
Mr Jamil Ahmed Chair Mr Muhammad Zeeshan Trustee Mr Mohammad Dawood Mehmood Trustee
- appointed 12.11.19 - appointed 15.05.20 - appointed 15.01.21
## **Independent Examiner**
Quba Accountancy LTD 14 Mayne Avenue Luton, Bedfordshire, LU4 9LS
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**STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Board of Trustees**
The Board of Trustees sets our future aims and priorities focusing on strategic planning and governance and also evaluates our performance and progress in our work to alleviate poverty and suffering.
The Board of Trustees appraises the Senior Management Team and can make appointments to it as well as dismissals. The Board of Trustees also make sure that we satisfy the regulatory requirements on us as a charity and works with key stakeholders.
## **Recruiting and Appointing Trustees**
All our trustees are volunteer, chosen because they all have the diverse range of skills, knowledge and experience that we need to respond to the challenges of today. Stakeholders and partners may nominate trustees and sometimes we will make a personal approach to potential candidates.
## **Governing document**
Suffah Trust refers to the charity incorporated organisation with a governing document known as CIO constitution by foundation originally incorporated on 08 April 2020.
## **Responsibilities of Trustees**
The annual report and financial statements are prepared according to the relevant law and approved by the trustees.
The trustees keep adequate accounting records and they show and explain our transactions. The records also disclose our financial position with reasonable accuracy at any time and enable trustees to ensure that the financial statements comply with Charity Commission Statement of Recommended Practice (SORP) 2015.
## **Grant Making Policies**
We provide grants to projects if the request meets our charitable objectives and criteria. Project grant making is managed according to a designated process, which is documented in our Operational Risk-Management Framework. We aim to treat all grant applications professionally, equally and fairly. We make the final decision as to eligibility to receive a grant, at our discretion.
## **Public Benefit**
We develop strategic plans to make certain that we provide maximum public benefit and achieve our strategic objectives, which fall under purposes defined by the Charity Act 2006.
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**Objectives and Strategic activities**
The objects of the charity are set below:
TO ADVANCE THE EDUCATION OF PERSONS IN NEED, INCLUDING ORPHANS, IN PAKISTAN BY THE PROVISION OF FINANCIAL AID AND MATERIALS INCLUDING BUT NOT LIMITED TO BOOKS, FURNITURE, STATIONERY, CLOTHING AND ELECTRONIC HARDWARE/SOFTWARE AND ALSO THROUGH THE PROVISION OF SCHOOLS, COLLEGES AND TRAINING CENTRES.
The charity’s activities carried out in the year 2021
## **Orphan and Education Support in Pakistan**
The Suffah Trust in the year 2021 provided school uniforms, books, tuition fees, medical assistance and teacher’s salaries through our partner organisation Markaz e Dar ul Alam Manzar e Islam. This helped us to benefit over 100 students that are studying in organisation. We believe education is the key to help people alleviate from poverty. Hence our key focus is to support and develop organisations that are providing quality education in deprived areas.
## **Achievements and Performance**
We have supported over a hundred students over the course of the year this includes students with financial difficulties and students that are orphans. Altogether we have sponsored 21 orphans with full time education and residency. We’ve funded over a hundred school uniforms, books, stationery and school bags.
This was all possible with the support of our donors who contributed towards this cause.
## **Financial Review**
The charity received sum of **£ 7,521.00** in donations from various sources.
The charity does not have any reserve policy.
No funds are in deficit at the balance sheet.
The funds are in surplus by **£ 2,330.00** at the balance sheet.
## **Declaration**
The trustees declare that they have approved the trustees report above.
Signed on behalf of the charity’s trustees.
**Signature Name: Jamil Ahmed Position: Chair Date: 10/3/2022**
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## **INDEPENDENT EXAMINERS REPORT FOR THE PERIOD 01 JAN 2021 TO 31 DEC 2021 TO THE TRUSTEES**
I report on the accounts for the period 01[st] January 2021 to 31[st] December 2021 set out below.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for the period (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:
- Examine the accounts
- Follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
- To state weather particular matters have come to my attention.
## **Basis of the 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 examiners statement**
In connection with my examination, no matter has come to my attention:
- (1) Which gives me reasonable cause to believe that, in any material respect, the requirements have not been met;
or
- (2) To which. In my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Independent Examiner**
**Signature** : **Mr Dawood Masood AFA, MIPA Date: 10/03/2022**
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**STATEMENT OF FINANCIAL ACTIVITIES REPORT FOR THE PERIOD 01 JAN 2021 TO 31 DEC 2021**
|||||**2021**|
|---|---|---|---|---|
||**Notes**|**Unrestricted Fund (£)**|**Restricted Funds (£)**|**Total Funds (£)**|
|**INCOMING RESOURCES**|||||
|Donations and Legacies|6|4,321|3,200|7,521|
|**Total Income**||**4,321**|**3,200**|**7,521**|
|**RESOURCES EXPENDED**|||||
|Expenditure on raising funds||182|-|182|
|Expenditure on charitable activities|7|-|4,709|4,709|
|Governance Costs||300|-|300|
|**Total Resources Expended**||**482**|**4,709**|**5,191**|
||||||
|**NET INCOME**||**3,839**|**(1,509)**|**2,330**|
|**RECONCILIATION OF FUNDS**|||||
|Total funds brought forward||3,839|(1,509)|2,330|
|**TOTAL FUNDS CARRIED FORWARD**||**3,839**|**(1,509)**|**2,330**|
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## **STATEMENT OF THE FINANCIAL POSITION AT 31 DECEMBER 2021**
||**Notes**|**General Fund**|**Unrestricted Fund**|
|---|---|---|---|
|||**£**|**£**|
|**CURRENT ASSETS**||||
|Cash at Bank & in hand|4||2,330|
|**NET CURRENT ASSETS**|||**2,330**|
|**TOTAL ASSETS LESS CURRENT**|||**2,330**|
|**LIABILITIES**||||
|**NET ASSETS**|||**2,330**|
|**FUNDS**|**5**|||
|Unrestricted|||2,330|
|**TOTAL FUNDS**|||**2,330**|
The trustees declare that they have approved the financial statements.
Signed on behalf of the charity’s trustees.
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Signature
Name: Jamil Ahmed
Position: Chair
Date: 10/3/2022
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**NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 01[st] JAN 2021 TO 31[st] DEC 2021**
## **1. General information**
The charity is a public benefit entity registered in England and Wales. The address of the registered office is 425 Flat Ley Street, Ilford IG1 4AD
## **2. Statement of compliance**
The financial statements have been prepared in compliance with FRS 102. ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the Statement of Recommended Practice applicable to charities preparing their accounts with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)).
## **3. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be qualified with reasonable accuracy.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under heading that aggregate all cost related to the category. When costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operation leases are charged to the Statements of Financial Activities on straight line basis over the period of the lease.
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## **4. Donations and legacies**
||**Unrestricted Funds(£)**|**Restricted Funds(£)**|**Total Funds 2021(£)**|
|---|---|---|---|
|Donations|4,321|3,200|7,521|
**5. Fundraising Costs**
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Unrestricted Total
Funds (£) Funds
2021 (£)
Printing and 113 113
Stationery
Bank Charges 69 69
Governance Cost 300 300
482 482
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**6. EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE**
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Unrestricted Restricted Total Funds Total Funds
Funds Funds 2021 2020
£ £ £ £
Orphan Support 1,691 3,200 4,891 -
1,691 3,200 4,891 -
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## **7. TRUSTEES’ REMUNERATION AND BENEFITS**
There were no trustee’s remuneration or other benefits for the period ending 31 December 2021.
## **Trustees’ expenses**
There were no trustees’ expenses paid for the period ended 31 December 2021.
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