Charlty reglstrallon numbgr 1189023 IEn9land and Wale$} SAAYA ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 SAAYA LEGAL AND ADMINISTRATIVE INFORMATION Trustee¥ MrMSRana Mrs Saba Saqib Mrs SadiaAhmad Ms M Hussaln Charlty numbar (England and Wales 1189023 PrlnGlpal address 2 Crescent Parade Uxbridge Middlesex United Kingdom UBIOOLG Accountants MUS Accountan15 Llmlted 268 Bath Road, Rggus Offic8 146 Slough SL140X SAAYA CONTENTS P4ge Trustees report A¢¢ountanls' rèport Slalemenl of financlo18Ctivities Balance sh99t NDlas lo the flnoncial 8lal8manls SAAYA TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Th& Iruslees present their report and financial slalèmènlg for the period ended 31 December 2024. SAAYA was reglsl8red with charity commission on 14 Aprll 2020 as CIO - Foundation (Charitable Irbcorporat8d OrgÈnlsalionl. Th8 financial slalemenls have been prepared In accordanc8 with the accounling policies set out in note 1 to th& rinancial slal8menls and comply with the charity's Conslilulion of a charitable incorporal8d organis81ion whose only votlng members are ils charity Iruslee8, the Charities Act 2011 and 'Aceounling and Reporting by Charllles.. Stat@menl of Recommended Pracllc6 appllcable lo charities pr8paring their accounts In accordance wllh Ihe Financial Reporung Standard applicable in the UK and Republi¢ ol Ireland IFRS 1021. leffeclive 1 January 2Q1191. Objoctlvas and a¢tlvltles The charfty's objects are as follow8- Al Thè prevention or rellef of poverty in Pakislan, England and Wales by providing grants, Sl&ms and services lo Indlvlduals in need and lor charitiès, or other organlsalions Wofklng lo prevent or relièv$ poverty. 81 Tha r@11gf of financlal hardshlp among paople living or working In Pakislan, England and Wales by provldlng such persons with goodslservlces whl¢h Ihay could not otherwise afford through lack of means. Cl To promolo $tr¢181 Induslon foT th9 publlc benèfit by preventing people from b&coming soclally excluded and a$51sling Ihgm lo Inlègrale into so¢igly. For the purpose of thls caus8 "Socially Excluded means being excluded from socl6ty, or part of socigly, as a rasull of being a mgmber of a soclally and eGonomically deprlved comrnunlty. DI For the ptjbllc benèfit lo promote thg ¢duGallon Ilncludlng soclal and physSc81 Iralnlng} of p8ople undor the age of 25 years in Pakistan In such a way as the ¢harily trusteès think lil. including by.. 1. Awarding lo such person's scholarshlps, malnt8nance allowances or grants len8ble al any Unlv8rsity, College or Inslilullon of hlgher or further educallgn. 2. Provlding their gdu¢alion Ilncludlng the study of Muslc or other Arts), lo und9rtak8 travel in furtherancè of th91 adu¢8llon or lo prepare for gnlry lo any occupation, Iradg or profgsslon on18avlng any $ducalSonal eslabllshmenl. Th¢re has been no change In thes8 during the yèar. Tha trustees have pald dug ra9ard te guldane* l$su8d by tha Charity Commlssion Sn d8cidlng what a¢livilies the charity should undertako. Achlevements and performance Flnan¢lal review The charity maintains a stabl8 finanGSal PDslllon. During th8 p&rlod, 11 rgceived unreslricled voluntary donallons lolalling £24,970 12022.. £21.0361. Total payments of £14,321 12022.. £7,472 Iwere made In respect ol donation81 grants lo Charltable Institution ' No¥een Zindagi Welfare Trust (Reglslered no.. 102814V6801 in Pakistan. Total level of L¢nreslricled funds as al 31 December 2023 was £42,15712022'. £31.5081. It is the poli¢y of the charity that unreslriclgd lunds whlch have not btten detyignaled for a speclfic use should be maintained al a level aquivalenl lo between three and slx month's expgndilure. The Irusle@s consider that reserves al this level will Qnsure that, in the event ol a significant drop in funding, they will be able to continue the charIt￿S ¢urrgnl activities while consideration Is givtsn to ways in whlch addllSonal funds may be raised. This l@vo1 of ms8rve$ has begn malnÈained Ihreughout the year. Thè trustees have assessed the major risks lo which the charity is exposed, and ar& salisfi8d that systems are in place lo miligale exposurg lo the major risks. Structure. governance and managgment The charity is a CIO Foundallon and is governed by ils ¢onslitulion of a Charitable Incorporated Organisatlon whose only voting members ar& ils charity Iruslees. SAAYA TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Tha Irust@es who served durlng the year and up lo the dale of signature of th8 financial stslem8nls w&re'. MrMSRana Mrs Saba Saqib Mrs Sadla Ahmad Ms M Hussaln The fir81 charlly Irusle8s ar& appoSnled Indeflnllely (i.e. for life or until they relirel. Apart from the firs Irus18è8, èvery Irustsa must be appointed for a term of 2 years by a rgsolullon passed al 8 properly convened maeung of the charlly Irusleos. In sèlecting IndlvSdual for appolnlmgnt as charity Iruslees, Ihe charity trustee8 musl have regard la tha Skills, knowledge and expérience needed lor the effective Bdmlnlslralion of the CIO. Two Iruslees ara the flrsl trustees of the ¢harlly and ara appointèd indefiniloly li.a. for life or until they r¢llr81. Charity can appolnt maximum 7 Iru81ee8 al any Ilme In a¢cordance wlth Ils governing documents. The charity musl have minimum of 3 Iruslees al any tlme. None of th6 Irus1888 ha$ any benoficial Interest In Ihe charlty. All of the Irusle8s are memb8rs of tho ¢hgrily. Reference and admlnl8tratlv& delalls: Reglstèred Charlty numbèr 1189023 Prlnclpal addre8$ 2 Crescent Parad8 Uxbrldge, Middlp$¢x Unlled Klngdom UB10 OLG The Irusl8es report wa3 approved by th8 8oaid of Trust8es. Mrs Saba Saqlb Trustèè 31 OGlober 2025 SAAYA CHARTERED CERTIFIED ACCOUNTANTS. REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SAAYA FOR THE YEAR ENDED 31 DECEMBER 2024 In order lo assist you lo fulfil your dulles under the Charlties Act 2011, we hav8 pr8par@d for your approval the financial 8talom8nl8 of SAAYA for the year en