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2023-06-30-accounts

Registered charity number 1190219

FRDP International

Trustee's Report and Accounts

30 June 2023

FRDP International

CONTENTS

Page
Legal and administrative information 1
Trustee's report 2-3
Independent examiner's report 4
Statement of financial activities 5
Balance Sheet 6
Notes to the financial statements 7 - 8

FRDP International

CHARITY INFORMATION

Charity number 1190219
Registered Office 63 Alexandra Road South
Manchester
M16 8GH
Trustees Muhammad Achar Bozdar
Tikka Khan Tabassum
Muhammad Amjad Naseer

FRDP International

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2023

The trustees present their report and the financial statements for the year ended 30 June 2023. The trustees who served during the year and upto the date of this report are set out on page 1.

Structure, governance and management

FRDP International is a Charitable Incorporated Oganisation (CIO) and registered with the Charity Commssion as a charity on 2nd July 2020.

The CIO is governed by a constitution which sets out the powers of the charity The trustees in charity law are responsible for the overall management and control of the charity working with other persons on an entirly voluntary basis.

Trustees are appointed in accordance with constitution. Once appointed, Trustees are given an introduction of the charity and its objects, Trustees are also given a full induction setting out the obligations of a trustee and provided with copies of the Charity Commission's guidance. The trustees meet every 3 months.

The trustees actively review the major risk to which the charity is exposed to on a regular basis, in particular those relating to its operations and finances. The system is established to mitigate these.

Objectives and activities for the public benefit

The principal aims of the charity and objective of the charitable company are

  1. THE PREVENTION OR RELIEF OF POVERTY ANYWHERE IN THE WORLD, INCLUDING THOSE AFFECTED BY NATURAL DISASTER OR CONFLICT, BY PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY.

  2. FOR THE PUBLIC BENEFIT TO PROMOTE THE EDUCATION OF PEOPLE ANYWHERE IN THE WORLD IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT.

Achievement and performance

During the year the charity raised funds for the relief programmes in Pakistan and for the victims of the earthquake in Turkey. In Pakistan we sponsored orphan children. We also implemented water projects and food distribution.

FRDP International

REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 30TH JUNE 2023

Financial Review

The charity relies on on voluntary income which is £319,740 for the period ended 30th June 2023.

Plan for the future

We will continue with our core activities of supporting the poor and needy the most poverty stricken areas of the world.

Statement of trustee's responsibilities

The trustee are responsible for the preparing the Trustees' Annual Report and financial statements in accordance with applicable law and United Kingdom generally Accepted Accounting Standard.

In these financial statements, the trustees are required to:

Select suitable accounting policies and then apply then consistently; Observe the methods and principle in the Charities SORP; Make judgement and estimates that are reasonable and purdent;

State whether applicable UK Accounting Statndard have been followed, subject to any material departures disclosed and explained in the financial statements; and

prepare the financial statement on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charitable trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

On behalf of the board

Muhammad Achar Bozdar

Date: 22nd April 2024

FRDP International

INDEPENDENT EXAMINERS REPORT

I report on the accounts of FRDP International for the year ended 30th June 2023. set out on pages 2 to 8

Respective responsibilities of trustees and examiner

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination.

I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed

Name: Raja M Javaid

Date: 22nd April 2024

FRDP International

STATEMENT OF FINANCIAL ACTIVITES

FOR THE YEAR ENDED 30 JUNE 2023

STATEMENT OF FINANCIAL ACTIVITIES
Notes
Incoming Resources
Incoming Resources from Generated Funds
Donations
Total Income Resources
Resources Expanded
Charitable Activites
2
Governance Cost
4
Support Cost
3
Total Resources Expended
Reconcilation of Funds
Net Income/(Outgoing) Resources
Transfers between Funds
Net Movement in Funds
Total funds brought forward
Total Funds carried forward		 Unrestricted Restricted
Total
Total
Funds
Funds
2023
2022
315,505
4,235
319,740
150,586
315,505
4,235
319,740
150,586
-
231,183
231,183
72,986
500
-
500
300
33,677
48
33,725
5,993
34,177
231,231
265,408
79,279
281,328
226,996
-
54,332
71,307
226,996
-
226,996
-
-
54,332
-
54,332
71,307
71,580
-
71,580
273
125,912
-
125,912
71,580

FRDP International

BALANCE SHEET

AS AT 30 JUNE 2023

Notes
Fixed assets
Current assets
Cash at bank
Debtors
Creditors: amount falling due within
one year
Net current assets (liabilites)
Total assets less current liabilites
Creditors: amount falling due
after one year
Net Assets
Funds
Unrestricted Funds
Restricted Funds		 '2023
£
£
0
126,412
126,412
500
125,912
125,912
-
125,912
125,912
125,912		 '2022
£
£
0
71,880
71,880
300
71,580
71,580
-
71,580
71,580
71,580		 '2022
£
£
0
71,880
71,880
300
71,580
71,580
-
71,580
71,580
71,580
126,412
500		 71,880
300
71,580
-
71,580
71,580
71,580

Approved by the Trustees on 22nd April 2024 and signed by:

Muhammad Achar Bozdar

FRDP International

NOTES TO THE ACCOUNTS FOR THE ENDED 30 JUNE 2023

1 Accounting policies

1.1 Basis of accounting

The financial statments are preapred under the historic cost convention and in accordance with the Financial Reporting standards in accordance with the requirements of the Charities Act 2011 (“the Act”).

1.2 Funding accounting

Unrestricted funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity

Restricted funds are thise donated for use in a particular area or for specific purpose, the use of which is ristricted to that area or purpose.

1.3 Incoming resources

All incoming resources are included in the statement of financial activites when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.

1.4 Resources expanded

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which can not fully recovered, and is reported as part of the expenditure to which it relates.

Goverance costs include those costs associated with meeting the consititutional and statutory requirements of the charity and costs linked to the strategic management of the charity.

1.5 Depreciation

Depreciation is calculated to write off the cost, less estimated residual values of tangible fixed assets over their estimated useful lives to the Charity. The annual depreciation rates and methods are as follows:Equipment - 4 years

2 Cost of charitable activites

Grants paid
Pakistan
Turkey
Mali		 Unrestricted
Restricted
2023
2022
Funds
Funds
Total
Total
£
£
226,996.00
226,996.00
70,856.00
4,187.00
4,187.00
-
-
-
2,130.00
231,183.00
231,183.00
72,986.00

FRDP International

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2023

3
Support cost
Bank Charges
Fundraising Costs
Consultancy
IT Costs
4
Governance Costs
Accounts Fees		 2023
2022
413
243
21,706
2,750
11,150
3,000
456
33725
5993
2023
2022
500
300
500
300

5 Taxation

The charity's activities fall within the examptions afforded by the provisions of the income and Corporation Act 1988. Accordingly, there is no taxation charge in these accounts.