Charity No: 1190636 I%OOR DAAD FOLryDATION REPORT OF THE TRUSTEES A]YD I]NAUDITED FTh AI%CIAL STATEMENTS For the year ended 31 March 2024 Ainsworths Llmited Charter House Stansfield Street Nelson LAnca5hire BB9 9XY NOOR DAAD FOIJNDATION COIYTENTS OF THE FtNANCLiL STATEMENTS For the year ended 31" March 2024 Rq)ort of th¢ trustees Report of the Accountants to the tr￿teeS of th¢ N(w)r Daad Foundation Statement of financial activities Balance sbeet Notes to the financial statements NOOR DL4D FOUNDATION REPORT OF THE TRUSTEES For the year ended 31" March 2024 The trLths present their annual report and the unaudited finan¢ial statements of the charity for the year ended 31" March 2Q24. The financial statements comply with the chariti￿ Act 2011 and Rewrting by CharitLes: Statement of Re¢omm¢nded Pra¢li¢¢ appli¢able to charities preparmgtheir accounts in accordance the Financial Reporting Stalldard appjicable in the United Killgdom alld Republi¢ of Irclalld (FRS 102) (eff(*tivc I" January 2019) - (Charities SORP (FRS 102)). LEGAL ATr4D ADMIYISTRATIVE DETAILS Reg18tered chiirlty number 1190636 Registered Addregs Brunswick House BrLmswick Street elson BB9 OHQ Trustees and key n)anagemellt personllel The trustee8 who served during the year were as follows". Mir Af5ar Osama Feroz Sadia Tubu&sam Accountants Ainsworths Limited Chart¢r Hous¢ Stansficld Strcet Nelson Lancashire BB9 9XY STRUCTL]iE, GOVERNANCK AND MANAGE.IIENr Organisatlonal status Noor Daad Foundation was registered as a ¢haritabl¢ inwryK)rated organi8atioll (CIO) on 2Q July 2020 Ullder the provisions of the C])ariti¢s Act (Charity number. I1￿)63@ and is gov¢rn¢d by its foundation ¢ollstilution document. Orgalllsatiollal structure Tlic Board ourr¢ntly consists of thTe¢ trustees and is reS￿nsible for key policy decisions and the effective governauce of the organi3ation overall. NOOR DAAD FOUNDAYtON REPORT OF THE TRusfEES For the year ended 31" March 2024 STRUCT[￿ GOVEILNMCE AIYD MLNAGEMEhT (CONTINUED) Re¢rultment and appointment ofnew bo4rd memberg Trustees are appointed to reflect the siills required to support th¢ Board and its range of activities. The tn￿ee8 themselves app)inl new trust￿ to the Board cither through voluntccrs or people they have met while working in thc community. Suchrecruitment is based on their indiirydual skxlls and empathy for th¢ subject thc Board proiqdes appointees with a full Orientation on th¢ services provided, the decision-making processes of the charity and the roles and responsibilities of a trustee, including their legal obligations under applicable laws. Risk Djanagemelll The trustees have examined themajor strategic. business and operational risks which the charity face5 and confinn that systemshave Ix¢Th establishedto ensure thatregularreportsarc producedand that nw¢ssary Steps carlbe tak¢u to address ally issues arising. OBJECTIVES ACTIVITIES Tr¢ ¢haritabl¢ Obj￿1$ of tbe ¢barily are to Telieve the llccds of those in nwa] villages in Pakistan by: I, The relief of financial hardship. tn particular but not ¢xclusively by Ihe provisiorL of basic esselltials such as clothin& sanitation and nou-presttiption medication. 2. The preservation and protection of good physical and mental health by enabling access to health care fa¢iliti¢s and medically equÉpped tratwor( and 3. The advancemcnt of cducation and training such &$ first aid cout8e5 ¢mpow¢rillg tKopl¢ to facilitate basic medical needs. Public benefit In s¢tting out th¢ charity'5 objcctives and planlling of actiiities the trUst￿S bave given careful consideratioll to the Charity CoLnmission's general guidance and S￿tion 17(5) of th¢ Clwiti¢s A¢i 2011. The trust¢rs arc confident that the chariiy's objects Comply with thc rcsponsibility placcd on all ch8Jities under th¢ Charities Act 2011 to demollstrate a pub]ic benefit. AClllEVEMENTS AND PERFoR￿1￿CE The charity h&£ ren)ain¢d dorn)ant 5incc its foTtllalion. No acLivity bas (Kcufftd yet hence these acLoullts aTe dormattt accounts. FiTfuRE PI.ANS No immediate changes to the company's dOrnw￿t status a￿ planned CLwrendy. FINAYJ CLIL REVIEW As tEL¢ ¢harity is currelltly dornwiL th￿C 15 llo finaThcial ￿f0￿M￿Ce to review. Reserve$ policy Whilst the charity is dormarLL there is no requiremeJ)t for the cbarity to hold reserves. The charity d(Ks not bold any reserves ond tbe trustees are satisfied this positioll CLurently. Rlsk assessment The trustees review themajorrisks facedby th¢ Gharityduring th¢irr¢gularmeetings and confirm there are system8 in pla¢eto mitigatethenL Internal riskE are miDimis¢d by thc scgregation of duties andproc¢dur¢s forauthorisation of all traDsaotions. NOOR DAAD FOUINDAI'IOY RLI PORT 011 TH￿ TRUSTEES {COI¥TINUED) rior the year ended 3is¢ MArch 2024 STATKMETrIT OF TrUSfKFS' RESPONSIBILITIES Undor charitylaiv, the I￿￿te¢S ar¢ responsible ftirpreparing the Rwrt of the Tnthee8 and the fin8wiaA 6tLtoments for ¢aoh fll)fjncial y¢ar which show 8 trne and fdr vimy of th¢ St￿ of affaiL¥ of th¢ ¢haTity Alld of the exeess of tn¢ome oyor ￿peTr￿1thre for that perioiL Ill pr¢portug th¢s¢ fioeocial 5tstemertts, gtherally 2C¢¢Pted accounting prd¢tice artai18 that the trvsfvs.. select 8Uttable a￿O￿ntingpolicies attd thell apply th¢m ¢on8i8tonUy* ob3erye the methods and principles in th$ C]witits SORP. make jiidgemenl8 and esttmat&8 that are re&gottable aThdprude￿tr, state wh¢th¢r the recorrtmeThdation8 of the S*&cm¢Dt of Rec4)mmeThded Practice hav¢ been follow subje¢t to aoy malerial depakn disclosed and explaiD¢d ill thc finattcial Statements. stale whether the rUw￿la1 sl&tements ciymply with the tnjst dee4 subject to any tnatsrial depatttwes disclosed attd expI&in¢d in the fillancid 8tatemenfs; and pxepllio the fill4ncial stttt¢D)ents on the 80ing c4mcern basis un1¢88 it is itiapprvpTiate to prnsume that the charity will contin￿¢ its activiti￿. The tn]stees are required to act in accordgnce with the ttust deed of the clmrlty, within the frameworkof trLWt law. They r¢8pon8ible for keeping prop¢r a¢¢4utttttig records, suffi¢i¢llt lo disclostr at ally tim< with Ta￿onabl¢ a￿￿T4¢y. the financial position of th¢ charity atthat time, and to ¢thle theui to ¢nsure thal where aTry 8tat¢ments of accounts are prepared by them underthe C1￿￿ti￿$ Att. 2011 and the applicable ch￿￿ty (Ac4ounts and Reports) Regul&tion8, those statements of accounts COA)4yly with the requIrenW￿ of regulations utt&r tknse provisions. The tru8tse8 also have & general resp0Th5171i]ity for tsking such Steps &5 Ote roasonably open to them to 8afeguard the osseLs of the clwity alld to prevent and detect fraud aod other irre8ularities. ChArity requiremejhts This report has been prep8red in aGcordan¢x w1thwui￿rnents set downby the CbArities goRP (FRS 102). Sign8ture.' Namo: osama Fcroz DAte.' 131b November 2024 REPORT OF THE ACCOUNTANTS, TO THE TRLSTEES OF Tr400R DAAD FOIJFIDATION For the ye&r ellded 31" March 2024 In accordance wlth our t¢tms of engagement we have prepaTrJ for your approval the fmall¢ial statements of the Noor Daad Foundation for the Y￿ ended 31U 412￿h 2024 on pages 5 to 8 from the accounting records and from information and explanations you bave gtl'en us. As a pra¢ti8ing m¢mb¢r firni of the Institste of Clwtered Accoulltants ill England and Wal&% (ICAEW), we are subject to its etbical and other profe&sional requirem￿Ls which ar¢ (ktsii¢d at ica¢w.COllLlmembershatLdbook Thi8 Itport 18 Tllade solely io you, as trust￿ in accordance with our terms of engagement. Our work bas been undertaken solely to prepare for your approval the financial statem¢at$ of the Noor Daad Foundation and state those ￿at1¢r8 that we haye agreed to state to you itL tbis Tewrt in accordance wKth ICAEW T￿])nical Release TECH08116 AAF. To tb¢ fullesi ¢Atetst p¢rfflittcd by law, we do not accept or assume respotisibility to anyone other than yourselves for our work or for this ryorL You have approved the finall¢ial statements for the year L￿ded 31" ￿3￿h 2024 and have acknowl¢dg¢d your resp)nsibility for thell4 for the appropriatett￿ of the financial r4￿ing framework adopted and for providing all inforniation and explanations necessary for their Compilation. W¢ have not verified the a¢¢ura¢y or complclcne&s of thc accouDting r￿5 or inforrllation and explanations you have given us and we do not, thcrefore* cXPr￿ any opinion on the financial statements. LThpff Ainsworths Limited Chertcred Ac¢ountants Charter House Stan8field Street elson BB9 9XY Dated the 13 of November 2024 NOOR DAAD FOUNDATIOIY STATEMEYT OF FINANCIAL AcrIvrriES For the ye4r ended 31" MAreh 21124 unr￿triCted fullds Restricted funds Notes 2024 2023 Income from: Donations CELarilable actiTrities Tradittg activities TotAI fillCOn)Ing resources Expendlture on: liaising funds Charitable actiNiti¢s Total expenditure Yet (out%oingyincoming iesources before other re¢ognised gAln810088es) Other recognised gainsloosses) Net movement In funds Total funds brought forward Total funds carried fonyard The cFthTity was dorniant througbout the current alld prec￿ing year. NOORDAAD FOUNDATION BALANCE SHEET A5 at 31st March 2Q24 No 2024 2023 Flxed a$$eti Tangible assets Current assets Stock8 Debtor5 Cash at bavk and in hand Cllrrtknt Ilabiliti¢s Cr¢ditors.' Amounts falli-ng due within on¢ Currènt #S8tts less current llAbllltles Net assèts Restri¢t¢d Unrestricted Th￿C f￿ancIal 8tatcments were approved by the Board of Tn￿ on the 13 of NovemE¢r 2024 and signed on its behdf by: Signathre: Nam¢: 05an)aFemz NOOR DAAD FOiiNDATION IYOTES TO THE FIFIANCIAL STATEMENTS For the year ended 31" Mxrth 2024 STATL TORY INFORhL4TION Noor Daad Foundation is a clwitable incotpordted orgallis&tion (CIO) registefft1 with the Cl￿rIty Commi88iOll ill Engiaod. The regkSter¢d charity numb￿ and ad(Iress cam be found in the Report of the Trustees on page l. AccouNfING POLICIES Balis of preparation Tl)e financial stattments have been prepared in awrdan¢e with thc State￿ent of Recommended Pr&ctice.' Accounting alld Reporting by Charities prq)8ring their accounts in accordanc¢ Thith tb¢ Finun¢ial Roorting Standard applicable in theullited Kingdom and Republic of tretand (FRS 102) issucd on 16 July 2014 and the Financlal Reporting Standard applicabl¢ in the L".nited Kingdom aDdRepub]ic of Ireland (FRS 102) and the Clwiti¢s Act 2011 and Utiited KingdotfL Geuerally Accepted Practice as it applie8 from ISL January 2015. NoDr Daad Foundation meets the definition of a public benefit entity utLder FRS 102. Assets aTLd liabilities are initially r¢Co￿ls¢d at bistorical cost or transaction value unle&s oth¢nvise stated in the r¢l¢vanl counlillg policy ootcls). CAsh flow The charityis exempt from the requtrement to prepwe a casb flow statement as it qualifies as & small ¢ntity. Ineomlllg resources All illcorning r&souTces are in¢luded on the Statem￿￿ of Financial Activities when the charity is legally entitled to the iucome al￿ the amount can be quantifi¢d with reasonable accurucy. Income from donations, legaci65, fundraising and similar incoming tEwurccs are included in tbe paiod in which they are receivable. Any income r￿e1Ved for sp¢cifi¢ purpos¢ is accounted for ag restricted fi￿d8 when receivabl& Expendlture Expenditure is accounted for on an accru￿$ basis (inclusive of attributabl¢ valu¢ add￿ tsx which cannot be r¢¢ov¢red) and has been classified under the principal categories related to thc cost. Costs allocatcd to activities in the furth¢rdnc¢ of th¢ ¢harity'$ objects are those direcdy associated with achieving the charity's goals. Support costs are th08e Illcurr￿ in c4)fJnection with the management of thc company's assets, org8llisational adminis(Tation and complignK with constitutiollal statutory requirements. Where costs cannot k direct]y attribut￿ to panicular headings they have b¢¢n allocated to actiiilies on a b&sis COllSiStent with the use of resources. Tr4(M)R DL4D FOULWATION OTES TO THE Fll¥ATrICL4L STATEMENTS For the year ended 3181 Mar¢h 2024 ACCOiiNfiNG POLICIES (coYfiNUED) Fmnd accounting Unrestricted fvnds ar¢ availabl¢ for use at th¢ di8¢trti¢Jtt of the trustees ID the furtberance of the general activitics of the charity. su￿]us fullds can be all(Kaknl to restrid¢d proj¢¢ts if the ttuste¢s b¢li¢v¢ they are required. Restricted funds are fijllds subject to specific restriction imposed by thedoncffsforthe pUr￿Se of any apF in whi¢h th¢ funds raÉs&J and call Only IK used forparticular puryose witbin the objects of tbe charity. Taxatlon Thc company is a registered charity and is therefore exempt fronj Incom¢ Tax and Corporntion Tax under the provisions of Section 505{1) of the Income and Corwration Taxes Act 1988. STAFF COSTS The charity bas no employees and tb¢ tntstees hav¢ rrfeiyed ncithcr retlluncration nor r¢imbuTsellkent of expenses during the current and prccajing year. RELATED PARTY TRANSAcrioi%s There wer¢ no re￿ed party trallshctions during the current alld precdillg year.