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2023-12-31-accounts

REGISTERED CHARITY: 1188979 COMPANY NUMBER: CE021474

SUFFAH TRUST

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

01 JANUARY 2022 TO 31 DECEMBER 2023

REFERENCE AND ADMINISTRATIVE DETAILS

The trustees, present their report with the financial statements of the charity for the period 01[st] January 2023 to 31[st] December 2023.

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

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.

Financial Review

The charity received sum of £ 6,405.2 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 £ 1,519 at the balance sheet.

Declaration

The trustees declare that they have approved the trustees report above.

Signed on behalf of the charity’s trustees.

----- Start of picture text -----
Signature
Name: Jamil Ahmed
Position: Chair
Date: 21-01-2024
----- End of picture text -----

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INDEPENDENT EXAMINERS REPORT FOR THE PERIOD 01 JAN 2022 TO 31 DEC 2023 TO THE TRUSTEES

I report on the accounts for the period 01[st] January 2023 to 31[st] December 2023 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:

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:

or

Independent Examiner

Signature : Mr Dawood Masood AFA, MIPA Date: 22/01/2024

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Charity name Charity name No (if any) No (if any) CC16a
Suffah Trust 1188979
Receipts and payments accounts
For the
period
from		 Period start
date		 To Period end
date
31-Dec-23
1-Jan-23

Section A Receipts and payments

A1 Receipts Unrestricted
funds
To the
nearest
£		 Restricted
funds
To the
nearest
£		 Endowment
funds
To the
nearest
£		 Total funds
To the
nearest
£		 Last year
To the
nearest
£
Donation 4,610 1,795 - 6,405 6,009
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for
AR)		 4,610 1,795 - 6,405 6,009
A2 Asset and investment
**sales, (see table). **
Sub total - - - - -
Total receipts
A3 Payments
4,610 1,795 - 6,405 6,009
Charitable Activities - 10,518 - 10,518 -
Administrative expense 175 - - 175 182
Governance cost 1,200 - - 1,200 1,150
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 1,375 10,518 - 11,893 1,332
A4 Asset and investment
purchases, (see table)
- - - - -
- - - - -
Sub total
Total payments		 - - - - -
1,375 10,518 - 11,893 1,332
Net of receipts/(payments) 3,235 -8,723 - 5,488 4,677
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - 7,007 2,330
Cash funds this year end 10,242 8,723 - 1,519 **7,007 **

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Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
B1 Cash funds
B2 Other monetary
assets
B3 Investment assets
B4 Assets retained for
the charity’s own use
B5 Liabilities
Signed by one or two
trustees on behalf of
all the trustees		 Details Unrestricted
funds		 Restricted
funs		 Endowment
funds
Cash in hand & at Bank -811 - -
- - -
Total Cash funds - - -
-811 - -
(agree balances with receipts and
payments account(s))
Details		 Agreement
Error		 OK OK
Unrestricted
funds
To nearest £		 Restricted
funds
To nearest £		 Endowment
funds
To nearest £
- - -
- - -
- - -
- - -
Details Funds to
which
assets
belong		 Cost
(Optional)		 Current value
(Optional)
- -
- -
- -
- -
Details Funds to
which
assets
belong		 Cost
(Optional)		 Current value
(Optional)
- -
- -
- -
- -
Details Funds to
which
liability
belong		 Amount due
(Optional)		 When due
(Optional)
-
-
-
-
Signature Print Name Date of approval
Nabeel Afzal 21-01-2024

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