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2021-03-31-accounts

Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021

Charity Assist Accountants Ltd

Certified Public Accountants and Charity Independent Examiners

Unit 27 Batley Enterprise Centre

513 Bradford Road Batley West Yorkshire

WF17 8LL

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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021

Contents Page
Basic information 3
Trustees annual report 4-7
Independent examiners report 8-9
Income and expenditure accounts 10-11
Notes to the accounts 12-16

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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021

Basic information

Address

Al-Saaf Foundation

18 Norton Tower

Halifax

HX2 0NG

Bank

Barclays Bank

1-3 Parliament Street

York

YO1 8SE

Accountants

Charity Assist Accountants Ltd Unit 27 Batley Enterprise Centre

Batley

WF17 8LL

Charity registration number

1191452

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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021

Trustees’ annual report (including Directors’ report) for the period

From: 1[st] April 2020 To: 31[st] March 2021

Charity name: Al-Saaf Foundation Ltd

Objectives and activities

SORP reference
Summary of the purposes
of the charity as set out in
its governing document		 Para 1.17 The objects of the charity are to:
•
Help relieve the poverty anywhere in the
world by providing food packages,
building community wells, sponsoring
orphans and other charitable projects the
trustees see fit.
•
Provide disaster relief to man-made
and/or natural disasters such as
earthquakes.
Summary of the main
activities in relation to
those purposes for the
public benefit, in
particular, the activities,
projects or services
identified in the accounts.		 Para 1.17 and
1.19		 The charity bought food packages such as rice,
cooking oil and sugar to help relieve poverty in
Gambia. It also helped build a masjid for the
community, built community wells and
sponsored orphans in Gambia. It helped with
earthquake relief in Mirpur.
Statement confirming
whether the trustees have
had regard to the
guidance issued by the
Charity Commission on
public benefit		 Para 1.18 The Directors are responsible for preparing the
Directors Annual Report and the Financial
Statements in accordance with applicable law
and regulations. Company law requires the
directors to prepare financial statements for
each financial year. Under that law the Directors
have elected to prepare the financial statements
in accordance with United Kingdom Generally
Accepted Accounting Practice (United Kingdom
Accounting Standards and applicable law).
In preparing the financial statements, the
directors are required to:
• Select suitable accounting policies and
then apply them consistently;
• Make judgements and estimates that are
reasonable andprudent;

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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021

• Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The directors 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 Companies Act 2006 and the Statement of Recommended Practice, Accounting and Reporting by Charities (FRS102). The directors are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In accordance with company law, as the company’s directors, we certify that: • So far as we are aware, there is no relevant audit information of which the company’s auditors are unaware; and • As directors of the company, we have taken all steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.

Achievements and performance

Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to the
circumstances of its
beneficiaries and any wider
benefits to society as a whole.		 Para 1.20 The charity provided a hot meal every Sunday
to help the needy during covid-19 pandemic
crisis to Halifax community fridge. The charity
also provided food packs, did water, Quran,
Qurbani and tree projects, in Gambia, Pakistan
and UK during the year.

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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021

Below are some pictures of the hot meal provision at Halifax community fridge during the covid-19 crisis.

Financial review

Financial review
Review of the charity’s
financial position at the
end of the period		 Para 1.21 The charity is showing a surplus on the movement
in funds.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 The charity does not a reserve policy in place as
the trustees intended to help relieve the poverty by
getting donations from friends and family. The
charity was set informally between friends and
family.
Amount of reserves held Para 1.22 £0

Reference and administrative details

Charity name Al Saaf Foundation Ltd
Other name the
charity uses
Registered charity
number		 1191452
Charity’s principal
address		 Al-Saaf Foundation, 18 Norton Tower, Halifax, HX2 0NG

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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the Al-Saaf Foundation trustees/directors/ members of On accounts for the year 31[st] March 2021 ended Charity no: 1191452 Company no.: 12754204

Set out on pages 9– 10

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 / 03 / 2021 .

Responsibilities and As the charity’s trustees of the Company (who are also the directors of basis of report the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021

Charity NameAl Saaf Foundation Ltd Charity NameAl Saaf Foundation Ltd Charity NameAl Saaf Foundation Ltd Charity NameAl Saaf Foundation Ltd Charity No
(if any)		 1191452
Annual accounts for the period
Period start date 01.04.20 To Period end
date		 31.03.21
Section A Statement of financial activities
Recommended categories by
activity		 Guidance Notes Unrestricted
funds		 Restricted
income
funds		 Endowment
funds		 Total funds Prior year
funds
(restated)
£ £ £ £ £
Incoming resources(Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 8,587 43,454 - 52,041 43,757
Charitable activities S02 - - - - -
Other trading activities S03 - - - - -
Investments S04 - - - -
Separate material item of income S05 - 36,314 - 36,314 -
Other S06 - - - - -
Total S07 8,587 79,768 - 88,355 43,757
Resources expended(Note 6)
Expenditure on:
Raising funds S08 - - - - -
Charitable activities S09 3,587 75,231 - 78,818 45,482
Separate material item of expense S10 - - - - -
Other S11 - - - - -
Total S12 3,587 75,231 - 78,818 45,482
Net income/(expenditure) before investment
gains/(losses)		 S13 5,000 4,537 - 9,537 1,725
-
Netgains/(losses)on investments S14 - - - - -
Net income/(expenditure) S15 5,000 4,537 - 9,537 1,725
-
Extraordinary items S16 - - - - -
Transfers between funds S17 - - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s
ow n use		 S18 - - - - -
Other gains/(losses) S19 - - - - -
Net movement in funds S20 5,000 4,537 - 9,537 1,725
-
Reconciliation of funds:
Total funds brought forw ard S21 265
-		 - - 265
-		 1,460
Total funds carried forward S22 4,735 4,537 - 9,272 265
-

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Al-saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31 March 2021 st Seclioii 8 Balance sheet Flx•d ••••ts FQ 111•1• 1fj1 Cuff•nt ••*•ts Il•ul• 18) 11401• 111 Cath 241 875 Funds ol th• Charity 4.537 AFIAL Iq111LI li

Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

The charity constitutes a public benefit entity as defined by FRS 102.*

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that The charity is showing a surplus at the end of the financial support the conclusion that the charity is a year. going concern;

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.

in note { }.
Yes
No		 ✓ * -Tick as appropriate
✓

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

Yes ✓ * -Tick as appropriate No ✓

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). Yes ✓ * -Tick as appropriate No ✓

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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021

Section C Notes to the accounts (cont)

Note 3 Analysis of income
Analysis Unrestricte
d funds		 Restricted
income
funds		 Endowmen
t funds		 Total funds Prioryear
£ £
Donations
and
legacies:		 Donations and gifts 3,587 43,454 - 47,041 43,757
Gift Aid - - - - -
Legacies - - - - -
General grants provided by
government/other charities		 5,000 - - 5,000 -
Membership subscriptions and
sponsorships which are in substance
donations		 - - - -
Donatedgoods,facilities and services - - - - -
Other - - - -
Total 8,587 43,454 - 52,041 43,757
Separate
material item
of income:		 Food packs - 3,111 - 3,111 -
Quran project - 2,240 - 2,240 -
Qurbani - 3,331 - 3,331 -
Tree project 517 517
Water pump - 27,115 - 27,115 -
Total - 36,314 - 36,314 -
TOTAL INCOME 8,587 79,768 - 88,355 43,757

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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021

Section C Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont)
Note 6 Analysis of expenditure
Analysis Unrestricted
funds
Restricted
income
funds		 Endowmen
t funds		 Total funds Prior year
(restated)
£ £
Expenditure on
charitable
activities		 Accountancy fees 825 - - 825 675
Bank charges 225 - - 225 -
Carpets - 2,040 - 2,040
Earthquake relief-Pakistan 1,125
Flood relief - 600 - 600
Food packs - 13,909 - 13,909 25,670
Governance 2,307 - - 2,307
Homeless food UK - 60 - 60
Masjid pakistan - 5,000 - 5,000
Masjid project Gambia - 7,162 - 7,162 16,112
Mawlid - 920 - 920
Orphan sponsorship 500
Project coordinators expenses - 200 - 200
Quran project - 2,285 - 2,285
Qurbani - 8,020 - 8,020 -
Shipping cost 230 - - 230
Tree project - 555 - 555
Waterprojects - 34,480 - 34,480 1,400
Total expenditure on charitable
activities		 3,587 75,231 -
78,818		 45,482
TOTAL EXPENDITURE 3,587 75,231 - 78,818 45,482

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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021

Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Note 19 Debtors and prepayments
Please complete this note if the charity has any
debtors or prepayments.
19.1 Analysis of debtors This year Last year
£ £
- -
Trade debtors 5,000.0 -
Prepayments and accrued income - -
Other debtors 5,000.0 -
Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
Amounts falling due
within one year		 Amounts falling due
after more than one year
Thisyear Lastyear Thisyear Lastyear
£ £ £ £
Accruals forgrantspayable - - - -
Bank loans and overdrafts - - - -
Trade creditors 1,225 675 - -
Payments received on account for contracts or
performance-related grants		 - - - -
Accruals and deferred income - - - -
Taxation and social security - - - -
Other creditors - - - -
Total 1,225 675 - -

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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021

Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont) (cont) (cont)
Note 24 Cash at bank and in hand
Thisyear Lastyear
£ £
Short term cash investments(less than 3 months maturity date) - -
Short term deposits - -
Cash at bank and on hand 5,497 410
Other - -
Total 5,497 410

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