**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 1 **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| 2 **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 3 ## **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;| 4 ## **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.| |---|---|---| 5 ## **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| 6 Al-saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31 March 2021 st Irfan Ats•l Corpwats kn•fA••- n•nM al th• dirnctorn It th• dakn lh• rtwmi lrtw Ats Asam MLM Declaratlon• Th? oomwny t•k•n •d¥•i* aflh ¢•mpanl••' •bov•. slin￿ on Ixlwllolth• trwts••ldlY•vlw4 Slwthii•(•l IÈFAN AFZ•l Poth Ilor•thMpl• So¢rn￿, ¢￿tr. •ts) EJiLE£ioL t• Iq101 lioZI **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. - **Independent examiner's** I have completed my examination. I confirm that no material matters **statement** have come to my attention which gives me cause to believe that: • accounting records were not kept in accordance with section 386 of the Companies Act 2006; or - the accounts do not accord with such records; or - the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any 8 Al-saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31 March 2021 st fequw•rri•nl Ih•l ltte •c¢¢wrts A 'ln* •nd f•¥ *iKh N nthl m•tt•r ¢￿￿•d •1 w ol w Y#J•p•rh1•n¢ •K￿lfi•ll¢m. •lh• ￿ h•v• ts•n w•pw•d ￿ •cwd•nc• wth th• Chwrt SORP IFRS102) thi• fewl lo •r•t4• 4 wop•r gf 10 N•m•'. Mf A Q Khln FI41￿T FCPA qu•llficatlorf•l or body CPAA Vntt 27. Baoey Enl•w C•rtr• 513 Ro*1 IfyF17 **Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2021** ||Charity Name**Al Saaf Foundation Ltd**|Charity Name**Al Saaf Foundation Ltd**|Charity Name**Al Saaf Foundation Ltd**|Charity Name**Al 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
-| 10 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 Statement of Recommended Practice: Accounting and Reporting by Charities - • and with* ✓ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and Republic of - • and with* ✓ Ireland (FRS 102) - and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.* - -Tick as appropriate ## **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* ✓ 12 **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|||| 13 **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| 14 ## **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|-|-| 15 **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|| 16