## **CHARITY NUMBER: 1189654**
**COMPANY NUMBER: 12315441**
## **YAQEEN TRUST LTD**
**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 Standard registration was incorporated on 26 May 2020.
## **Registered Charity Number**
1189654
## **Registered Office**
16 PALM STREET, MANCHESTER M13 0GH UK
## **Trustees**
Mr. Mohammad Abdullah Haqani Chair - appointed on 16-03-2020 Mr. Mohammed Imran UL-Haq Trustee - appointed on 16-03-2020 Ms. Isma Khan Trustee - appointed on 16-03-2020
## **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**
Yaqeen Trust Ltd refers to the charity company with a governing document and Memorandum and Articles incorporated 14 Nov 2019 as amended by Special resolution dated 16 Mar 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:
- (1) THE PREVENTION OR RELIEF OF POVERTY ANYWHERE IN THE WORLD BY PROVIDING OR ASSISTING IN THE PROVISION OF EDUCATION, TRAINING, HEALTHCARE PROJECTS AND ALL THE NECESSARY SUPPORT DESIGNED TO ENABLE INDIVIDUALS TO GENERATE A SUSTAINABLE INCOME AND BE SELF-SUFFICIENT.
- (2) THE RELIEF OF THE SICK-POOR LIVING IN ENGLAND AND PAKISTAN, IN PARTICULAR ORPHANS AND THE PHYSICALLY DISABLED EITHER GENERALLY OR INDIVIDUALLY THROUGH THE PROVISION OF GRANTS, GOODS OR SERVICES.
- (3) THE RELIEF OF FINANCIAL HARDSHIP, EITHER GENERALLY OR INDIVIDUALLY, OF PEOPLE LIVING IN ENGLAND AND PAKISTAN, IN PARTICULAR THE HOMELESS BY MAKING GRANTS OF MONEY FOR PROVIDING OR PAYING FOR ITEMS SERVICES OR FACILITIES, FOCUSING IN PARTICULAR FOR THEIR CARE NEEDS AND ACCOMMODATION.
- (4) RELIEF OF POVERTY IN THE UK AND PAKISTAN BY THE PROVISION OF FOOD, SHELTER, MEDICAL CARE AND CLEAN WATER TO PEOPLE AFFECTED BY POVERTY.
- (5) THE RELIEF AND ASSISTANCE OF PEOPLE IN ANY PART OF THE WORLD WHO ARE THE VICTIMS OF WAR OR NATURAL DISASTER, TROUBLE, OR CATASTROPHE FOR THE PUBLIC BENEFIT BY GRANT FUNDING SUPPORT TO PROVIDING BASIC NECESSITIES.
## **Achievements and Performance**
YAQEEN TRUST HAS PROVIDED LIFE SAVING FOOD PACKS IN THE MONTH OF RAMADHAN
TO SYRIAN REFUGEES IN LEBANON. THE FOOD PACKS HAVE CONSISTED OF BASIC NECESSITIES FOR DAY-TO-DAY LIVING. YAQEEN TRUST HAS ALSO PROVIDED WHEELCHAIR DISTRIBUTIONS, FOOD PACKS AND CLOTHES TO THE POOR AND NEEDY IN MORROCO. THE MAIN FOCUS WAS TO SUPPORT THE ORPHANS, NEEDY AND WIDOWS. YAQEEN TRUST HAS ALSO PROVIDED HOT MEALS TO THE HOMELESS WITH MANCHESTER BEING THE BASE AND A LOCAL PLACE OF WORSHIP HAS BEEN USED TO PROVIDE FOOD DISTRIBUTION.
A TOTAL OF AROUND 5000 BENEFICIARIES BENEFIT FROM THE PROJECTS THAT WERE CARRIED OUT BY YAQEEN TRUST AND WE ARE COFIDENT TO DO MORE IN THE YEARS TO
COME.
- A REPORT HAS BEEN PROVIDED TO OUR GENEROUS DONORS WHO HAVE CONTINUED TO GIVE THEIR ZAKAH, SADAQAH AND LILLAH TO YAQEEN TRUST.
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## **Financial Review**
The charity received sum of **£ 70,295** 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 **£ 21,187** 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: Mohammad Abdullah Haqani Position: Chair Date: 12/07/2022**
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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: 13/07/2022**
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**----- Start of picture text -----**
Charity Name No (if any)
Yaqeen Trust Ltd 1189654
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 1-Jan-21 31-Dec-21
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donation 61,112 9,183 - 70,295 7,845
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
61,112 9,183 - 70,295 7,845
AR)
A2 Asset and investment sales,
(see table).
- -
- - - - -
Sub total - - - - -
Total receipts 61,112 9,183 - 70,295 7,845
A3 Payments
Charitable Activities 48,579 500 - 49,079 -
Governance cost 1,500 - - 1,500 -
Admin Cost 6,374 - - 6,374 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 56,452 ] 500 - 56,952 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 56,452 500 - 56,952 -
Net of receipts/(payments) 4,659 8,683 - 13,342 7,845
A5 Transfers between funds - - - - -
A6 Cash funds last year end 7,845 - - 7,845 -
Cash funds this year end 12,504 8,683 - 21,187 7,845
**----- End of picture text -----**
CCXX R1 accounts (SS)
7/13/2022
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|**Section B Statement of assets and liabilities at**|**Section B Statement of assets and liabilities at**|**the end of the period**||
|---|---|---|---|
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Cash at Bank & in hand
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**12,504**
**8,683**
**-**
**-**
**-**
**-**
**12,504**
**8,683**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Mohammad Abdullah Haqani|**Endowment**
**funds**
**to nearest £**
**-**
**-**|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
12/7/2022|
CCXX R2 accounts (SS)
7/13/2022
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