Ch￿lty lio: 1190636 NOOR DAAD FOLryDATION REPORT OF THE TRUSTEES UNAUDrrED Fif*ANCIAL STATEMEhryS For the year ended 31 March 2023 Aillsworths Limited Charter House Stallsfield Street -Yel$on Lane#shlre BB9 9XY NOOR DAAD FOUNDATION COTrITENTS OF THE FINANCIAL sfATEMENrs For the year ended 31" March 2023 Retth of the tru8te¢s Report of the Accountants to the trust￿ of tlL¢ Noor Daad Fowidation Ststement of fin8llcial &ctivitie8 Balan￿ Sheet Not¢s lo th¢ finan¢ial statements NOOR DAAD FOUNDATION REPORT OF THE TRusfEES For the year ended 31" March 2023 The trustees PT&sent their al￿￿al rcport and the unaudited finaocial state￿Lents of the charity for the year ¢nd¢d 31st March 2023. The financial statwn¢nts comply with the Charities Act 2011 and RepoLli￿ by Charities: Statement of Recomm¢nded Practice applieable to C￿￿ritieS prcparingtheir accounts in a¢¢ordan¢ewith the Financial Reporting Standard applicable in the United Kingdom and Republic of tr¢laud (FRS 102) (cffective ijr Jamwy 2019) - (Charities SORP (FRS 102)). I,LC.AL AM) ADiiINisfRATIVE DETAfLS Registered charity number 1190636 Registered address Brunswick House Brunswick Str￿t Nelson BB9 OHQ TrnSte￿ And key mallagement pergoDnel The trustees who served during the year We￿ as follows: Mir Af5ar Osama Feroz Sadia Tubussam Aeeountants Aill8WOrths Limxled CILartcr House Stansficld Strttt Nelson Lancashire BB9 9XY STRucfuRE, GOVEILYMCE AND TrIANAGEMENr OrganisAtlonal statu& Noor Daad Foundation was registered as a clwitable incowatcd organisarion (CIO) on 29th July 2020 under the provisions of the ek￿ltieS knt (ajarity autnber: I1￿636} and is g0ven￿l by its foutLdation con8liLution document. nrgAnlsational stru¢ture The Board cuttently consists of tbree tTusts and 18 r¢sp)nsible key policy d￿lsionS and the effective gov¢rnancc of the organisation overall. NOOR DAAD FOUNDATION REPORT OF THE TRUSTEES For the year ended 31# March 2023 STRUCTURE GOVERNANCE AND MANAGEMEYf (CONfiNLTD) Recrultment and appointment of new bo8rd tlletllbers Trnstees are appointed to reflect the skills required lo supp(Kt the Board and its range of actiiities. Th¢ tru8t¢es theujselvcs appoint new tNstees to the Board eith￿ through volunteffs or people they bave met while ￿'orkIng in thc ¢ommunity. Sucb ￿rUItMent is b&sed oll their indivith]al skills and cmpathy for tbe subject thc Board provides appoint¢¢s with a full orientation on th¢ seTrices proiided. the decislon-n￿klng proress¢s of the charity ?￿d the roles resEK)n8ibilities of & trustee, including their legal obligation5 unikr 8pplicablc l&w& Risk management The trusle¢s have examIll￿ the major strategic, busiDf4S and op¢rational risks which th¢ chariry faces and confirm that systcmshave been establishedto ensure th&tregul￿reportS arc produeed andthat neocssary st¢ps callbe taken to address ans. issues arising. The charitable objects of tbc clwity are to Telieve the lle￿ts of th08¢ in nwal villages in Pakistan by.. l. The relief of f￿ancial hardship, in particular but not exclusively by the provision of basic essentials such as clothing, sallitation and noll-pr¢scription medication; 2. The preservatiou and protection of good phygical and mental bealth by enablillg ac￿8 to bealth ¢ar¢ facilitics and medically cquipped ¢￿s￿Ik and 3. The advancemenl of educatioL aud trdining such &8 first aid courses empoweringpeople to facilitate basic medical needs. Public benefit In setting out the ¢harity's obje£tiYcs &nd planning of activities the trust￿ have given careful ¢onsid¢r&tion to the Charity Conllnission's general guidan￿ and 8ertion 17(5) of the Charitics Act 2011. The ITUStees are Confident that the charity's objects comply with the responsibility placed on all c]Miues under thc Chariti¢s Act 2011 to d¢monstratc apublic b￿erIt. ACHIEVELIIENfs AND PERFORLWCE The charity has remaincd dornwil since its form￿10￿. No aGtivi¢y has OCCLurcd yet bence these accoun15 are dornmnt accounts. FUIURE PLLYS No immediate changes to the compally's dornwit status a￿ planned Cu[￿tly. F1Tr4ANCIAL REVIEW As tbe ckwity is Gurr¢ntly dorn]atLL there is no financial t￿rOr[￿anCe to reiiew. Reserves pollcy Whilst the charity is dornian¢ there is no TequircD]Cllt for tbe charity to hold Tesrrvcs. The charity does not hold any reservcs atld the lrnstees are satisficd with tbis p)sition currently. Risk assessment T￿et￿S[ee8revieW the majorrisks facedby the ¢h8rityduringtheiTTegularmeetitsgs and confirtn therc aT¢ 8ySt¢ms in place to mitigate them. Internal risk8 are minimiwl by thc scgrcgation of duties and procedum lorauthorisation of all transa¢lion5. NOOR DAAD FOUNDATION REPORT OF THE TRUST￿ ICONTLNUED) F¢)r the year ended 31" M8rth 2023 STATni MENT OF TRUSTEKSI RESPONSIBJLrrtES Ullth olwity law, the trustees are responsible forpreparing theRepDrt ofthC1h￿t￿ andthc rtnallcial 5tat¢m¢nts for each finan¢ial year Trthich sbow a true and Fair view of the state of afrai￿ of th¢ charity and of th¢ ex￿5 of Income ov¢r ¢xpcnditure for that perio In preparillg these financial statstnent4 grn¢rally a¢(wt&l &Ccou￿gpra¢t1ee elltsils that the trustees: select suitable accoutiting polici¢8 and then apply thffli wn&istently, observe the methods and principles in the Chorities SO1￿. mak¢ judgthneThts and estimat¢s that are reasonable 8nd prndent. stale whether the recommendations of the Statrm¢ut of Reconimthded Practsce have been followe4 subject to %￿Y material departures disclosed and oxplained iDthe finhnciai ststetnents., State whether tbe financial Statements comply with the t￿￿t subj¢¢t to any n)at¢rial depgrU]res disclosed allo explained ID tbe financial statements: alld prcp&r¢ the finllncial statements on the going concern b&8is ullie58 it is inappropriats to P￿Sume that the harity will continue its aotivities. The trusteas are reqll1r￿ to act itt accoTdÈnce with the deed of the charity, within the ftamework oftru8t law. They arc Irsponsi￿le for keepitig prop¢r accountitig records, sufficierLt to di￿ll￿ at atty with reasonable accuracy. the fll]anciaip05itiots of the clwity at that lime, andto enable th6m to ¢nsure thaL where any statements of awounts ar¢ prepared by themuttder the Charities Act 2011 and th¢ 8ppli¢ablo Clwity (Accounts 8ndReports) Regulations. those stat¢nThts of acc4￿￿tS cotnply with the rwtrnments of TegLaatioJ)s under dws¢ provisions. The trustees also have d 8enernl reswDsibility for tsktng such st¢ps as are re&son&bly owi to them to sAfeguard the assets ofthe chatity ond to preyent and dtte¢l fraud alld ottLer iuegularities. ChArity requlrements Thig report h&8 been prepated in a¢cordance witb rquirements set L%)wnby the Charities SORP (FRS 102). Signature: Nam¢', Osama F¢mz D&lo: 13 November 2024 REPORT OF THE AccouNfAwfs? TO THE TRLSTE. ES OF NOOR DAAD FOUNDATION For the yeAr ended 31" March 2023 In ac¢ordallce with our tenlls of engagement we have prepar￿ for your approval the financial slat¢m¢nts of the Noor Daad Foundation for the year cndcd 31° Morch 2023 on pag¢s 5 to 8 from the accounting records and from inforrnation explanations you have giv￿ us. As a praclising member firLn of th¢ Jnstitut¢ of charter￿ Accountants in England and IN'ales (ICAEW), we are sllbj￿t to its ethical and other professiolljl rcquirements which are detsileA at lcaew.con￿MeMbershalldb00k. This report is made solely to you, &q h￿Stee4 in accordance with iyur tenns of engag¢￿¢￿1. Our work has been Imdertaken solely to prepare for your approval the fu￿1¢181 staleDJ¢nts of tb¢ NOOT Daad Foundation and state those matters that we have to SlaL¥ to you in this rwt in accordancc with ICAEW Technieal Release TF£H08116 AAF. To tbe fi￿lest extent pennitted by law, we do not ￿ept or assume responsibility to anyone other than yourselvcs for our work or for this ret You have approved the finanoial sthtemenis for the year ended 31" March 2023 and hav¢ aGknowledgcd your responsibility for them, for the appropriateness of th¢ fJnan¢ial T¢￿rtIng framewo￿ adoptcd 8nd for provlding all inforrrLation and explanations necessary for their cOM￿latiOn. We have not vcrified the accuracy or completcn¢gs of the ac¢ounling rtxords or infonnation 8rLd explanations you hav¢ given us and we do nol therefore. express any opinion on the financi8J Statements. Ainsworths Limited Chartered Accountants Charter House St&nsfield Street Nclson BB9 9XY Dated tb¢ 13th of November 2024 NOOR DAAD FOUTr4DATION STATEMENT OF FINANCIAL AcfIviTIES For the year ended 31 Mareh 21)23 Ullrestrlded Restricted funds funds Not&$ 2023 2022 llleome from: Donations Cbariiable a¢tiviti¢s Trading activities Total ineomlng resource5 Expenditure on: Raising funds CELaritable activities Total expenditure Net (outgoingyincomlllg resources before other re¢o£lllsed g81n￿o0$seJ) Other rcGoBnis¢d Sai￿00&8¢$) Net movement in funds Total funds brought forward Total funds cftrried forward The charity was dorLaaut throu8bout th¢ CUTr¢nt and precedtng year. NOORDALD FOUNDATION BAL4NCE SHEE'r AS at 31, March 2023 Notes 2023 2022 Flxed ass¢ts Tftngible assets Current ￿set8 Stocks Debtor8 Cash at bank and in hand CurTeut]fiabllltl CreditoTh,' A)Jwunts folling dlle witbin on¢ y¢&r Current ajsets less currellt Ilabllides Net Assets Funds Restriotod Unrestrictsd These filwnoial 5tatthients approv¢d by the Board of Tn35tees on the 13, of November 2024 signed on its b¢half by; Signature: Name: Osatna Fer NOOR DAAD FOUNDATION NOTES TO TIIE FIN2LYCL4L SfATEMENrs For the year ended 31" March 2023 STATUTORY INFORMATION Noor Daad Foundation is a charitable in¢orpordted OTgaDisation (CIO) registered the Charity Commission in England. The registered clwity number and add￿ Can be fourLd in the Report of the Tn)st￿S on page l. AccouNfiNG POLICIES Basls of preparation The financial statements have FKen prepared in accordance with the Statement of ReKOmTn¢ndcd Practicc: Accounting gnd Rcportillg by C]wities ptrparing their accounts in accordance ￿1th th¢ Financial Reporting Standard applicablc in Ibc Unit￿ Kingdcjm alld Rq)ublic of Jreland (FRS 102) issued on 16 July 2014 alld the Financial Rwrting Standard app]icable in the United KingdoD] and Republic of Ireland IFRS 102) and the Charitie5 Act 2011 aJLd LDited Kingdom G¢n¢rally Accepted Practice a8 it applies from 1st January 2015. Noor Daad Foundation meets the defillition of a publi¢ benefit ¢ntity und¢r FRS 102. Asscts and liabilities ar¢ initially recognised at hi8torical cost or transaction value unLe5S stated in the relevant aCco￿ting policy note(s). CAsh tlow The charity As ¢xempt from the Jryuiremellt to preparea casb flow stht¢m¢nt as it qualifies as a small clltity. Incomlng resources All incorning T¢soUr￿ ar¢ included on the Statcmcnt of Fiumcial Activities when the clwity is legally entitled to tbe income and the amount call be qUalltifi￿ with rea80nable accurdcy. Inrom¢ frojn donatiOr￿, Icgacics, fundraising 2nd similar incoming r&8ource8 arc includ¢d in the period in which they are receivable. Ally income received for sp￿lfi¢ pury)se is ac£ountcd for as rcstricted funds whenreceivable. Expenditure Expenditure is ac¢ouDted for on an accrwdls basis (inclusive of attributablc Yalu¢ added tsx which cannot br Te¢overed} and has been cla&sified under the ExiThcipal cat¢gories related to thc cost. Costs allocafrd to activiti&8 in the furthcrancc of th¢ charity's objects are those dIr￿tlY associated with ehieving the ch￿]ty'S gi)als. Support o)sts are those incurred in connection with the manageinent of the ci>mpany's assets. orgaDisational administrnlion and compliance with constitutional and statutory r¢quirements. Wh¢re ¢o$ts cannot be directly attnThuted to particular beadings th¥y have been allocated to aciiviti¢s on a basis consistent with tbe use of ￿SOurces. NOOR DkniD FOUNDATION NOTES TO THE FLNANCIAL sfATEL¥IEIY13 For the year ended 311t March 2 ACCOUNTING POLICIES (COYllNUED) Fund Accounting UDr¢stri¢tsd fimds are available for use at the discretion of the trusfrts xn the furtherance of the general activities of thc clwity. Surylus funds caa be allocated to resrricted projects rf the trustees ￿lIeVe ihey are r¢quired. Restricted futLdsare funds subiectto specific rcstrictionimpN)sed bythe donors for th¢purpose of any appeal ill wbich thc are raised and can only b¢ f0rparticu1arputp(￿ witbitk tbe objects of the charity. Taxatlon The cottpaay is a registcred clLarity 0￿d 18 tberefore exempt from Income Tax and Corporation undeT the provisions of Section 505(1) of tbe Ineome and Corporatioll Taxes Act 1988. STAFF COSTS Th¢ charity has no en)ployees and the trustees have received neither remuneration nor Teimbur8¢m¢ril of expe[￿ during the current and preceding ye8r. RELATED PARTY TRANSAcfIoNS Th¢r¢ were no related paty trdnsactions dwing the current and pr￿ling year.