Registered company number 12506348 Registered charity number 1190475
Deen Trust International
Trustee's Report and Accounts
31 March 2023
Deen Trust 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 |
Deen Trust International
COMPANY INFORMATION
| Charity number | 1190475 |
|---|---|
| Company number | 12506348 |
| Registered Office | 73 Wyndale Drive |
| Nottingham | |
| NG6 1HD | |
| Trustees | Mohammed Ali Din |
| Mohammed Ashraf | |
| Rashad Habib |
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Deen Trust International
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023
The trustees present their report and the financial statements for the year ended 31 March 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
Deen Trust International is a company limited by guaranteed (12506348) and incorprated on 9 March 2020 and it was registered as a charity on 20 July 2020 (1190475)
The company was established under a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association. The directors, who are the trustees in charity law are responsible for the overall management and control of the company working with other persons on an entirly voluntary basis.
Trustees are appointed in accordance with Deen Trust International constitution. Once appointed, Trustees are given introduction of the charity and information about its objects, Trustees are also given the copy of the consititution and aims and objective, Role description are issued to each trustee and full induction is given setting out the obligations of a trustee. All trustees are issued 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.To Relieve Sickness And To Preserve And Protect Good Health By Assisting To Run Hospitals And By Providing Medical Assistance In Pakistan.
2.To Relieve Financial Hardship By Providing Water And Food To Poor People In Pakistan And The UK.
Achievement and performance
During the year we fundraised for the maintenance and operating of the hospital in Pakistan. We also carried out welfare programmes which included providing cooked food, food parcels, Qurbani and water projects including the installation of handpumps and wells. Alongside this we supported numerous welfare projects and Masjids.
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Deen Trust International
REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2023
Financial Review
The charity relies on on voluntary income which is £247,473 for the year ended 31st March 2023.
Plan for the future
We will continue with our core activities of supporting the hospital and welfare work in some of the most poverty stricken areas of Pakistan.
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 them consistently; Observe the methods and principle in the Charities SORP; Make judgement and estimates that are reasonable and prudent;
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
Mohammed Ali Din
Date: 28th December 2023
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Deen Trust International
INDEPENDENT EXAMINERS REPORT
I report on the accounts of Deen Trust International for the year ended 31st March 2023 set out on pages 2 to 8
Respective responsibilities of trustees and examiner
The charity’s trustees (who are the directors of the company) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the Act) as amended by section 28 of the companies Act 2006 and that an independent examination is needed. Having satisfied myself that the charity is not subject to an audit under the company law and is eligible for independent examination. It is my responsibility to examine the accounts under section 43(3)(a) of the Act. as amended; to follow the precedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, as amended; and to state whether particular matters have come to my attention.
Basis of Independent examiner’s state
My examination was carried out in accordance with 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 the 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 statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention
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1- Which gives me reasonable cause to believe that in, any material respect, requirements:
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to keep accounting records in accordance with section 386 Company Act 2006; and
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the financial statement have been prepared in accordance with the companies Act 2006; and with the methods and principles of the Statement of Recommended Practice; Accounting and Report by Charities.
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have not been met; or
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2- to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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Signed Name: Rashid Ahmed Date: 28th December 2023
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Deen Trust International
STATEMENT OF FINANCIAL ACTIVITES
FOR THE YEAR ENDED 31ST MARCH 2023
| STATEMENT OF FINANCIAL ACTIVITIES Notes Incoming Resources Incoming Resources from Generated Funds Donations Shop Sales 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 |
|---|---|
| 247,473 - 247,473 138,797 16,984 16,984 |
|
| 264,457 - 264,457 138,797 |
|
| - 173,292 173,292 101,919 1,300 1,300 975 70,415 70,415 21,909 |
|
| 71,715 173,292 245,007 124,803 |
|
| 192,742 173,292 - 19,450 13,994 173,292 - 173,292 - |
|
| 19,450 - 19,450 13,994 14,824 14,824 830 |
|
| 34,274 - 34,274 14,824 |
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Deen Trust International
BALANCE SHEET
AS AT 31 MARCH 2023
| Notes Fixed assets Current assets Cash at bank Shop Stock 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 2,190 32,784 34,974 700 34,274 34,274 - 34,274 34,274 34,274 |
'2022 £ 15,424 |
£ 0 14,824 |
|---|---|---|---|
| 34,974 700 |
15,424 600 |
||
| 14,824 - |
|||
| 14,824 | |||
| 14,824 | |||
| 14,824 |
Approved by the Trustees on 28th December 2023 and signed by:
Mohammed Ali Din
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Deen Trust International
NOTES TO THE ACCOUNTS FOR THE ENDED 31ST MARCH 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 statndards, the Statement of Recommended Practice 'Accounting and Reporting by Charities 'issued in March 2005 (SORP 2005) and the Charities Act 1993.
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 payable | Unrestricted Restricted 2023 2022 Funds Funds Total Total £ £ 0 173,292.00 173,292.00 101,919.00 |
|---|---|
| 173,292.00 173,292.00 101,919.00 |
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Deen Trust International
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31ST MARCH 2023
| 3 Support cost Fundraising Travel Bank Charges IT & Telephone 4 Governance Costs Professional Fees |
2023 2022 40,055 14,814 15,894 5,050 176 131 14,290 1,914 |
|---|---|
| 70,415 21,909 |
|
| 2023 2022 1,300 975 |
|
| 1300 975 |
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.
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