Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2022
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 2022
| Contents | Page |
|---|---|
| Basic information | 3 |
| Trustees annual report | 4-9 |
| Independent examiners report | 10-11 |
| Income and expenditure accounts | 12-13 |
| Notes to the accounts | 14-17 |
2
Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2022
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 2022
Trustees’ annual report (including Directors’ report) for the period
From: 1[st] April 2021 To: 31[st] March 2022
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 2022
• 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.
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 was able to carry out water projects, food distribution projects, Qurbani project and Ramadan food packs in Gambia, Pakistan, Ghana, Uganda and Palestine. They also managed to provide grants to UK organisations which includes Sacred Giving, Mercy Universal Humanitarian Aid and Helping To Make A Difference |
|---|---|---|
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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2022
Pictures of the projects during the year .
Water project
----- Start of picture text -----
Food project
----- End of picture text -----
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Al-saaf Foundalion Ltd Income and Expenditure Accounts for the year ended 31 March 2022 st Ramadan food dlslribution bHANA YIMENRAPIAftWIOODPROIICY2 11
Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2022
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 |
| 1 2 3 4 |
Trustee name | Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|
| Nayim Akram | ||
| Irfan Afzal | ||
| Asam Munir | ||
| Rizwan Shabir |
Corporate trustees – names of the directors at the date the report was approved
Director name Nayim Akram Irfan Afzal Asam Munir Rizwan Shabir
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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2022
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
| Independent Examiner’s Report | Independent Examiner’s Report | Independent Examiner’s Report | Independent Examiner’s Report | Independent Examiner’s Report | Independent Examiner’s Report | |
|---|---|---|---|---|---|---|
| Report to the trustees/directors/ members of On accounts for the year ended |
Al-Saaf Foundation | |||||
| 31stMarch 2022 | ||||||
| 12754204 | ||||||
| Charity no: | 1191452 | Company no.: |
Set out on pages 12- 13
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 / 03 / 2022 . 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 requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or •the accounts have not been prepared in accordance with the Charities SORP (FRS102).
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Al-Saaf Foundation Ltd
Income and Expenditure Accounts for the year ended 31[st] March 2022
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: A Q Khan Name: Mr A Q Khan
Date: 10/08/22
Relevant professional FMAAT qualification(s) or body (if any): FCPA
Address: Unit 27, Batley Enterprise Centre 513 Bradford Road Batley WF17 8LL
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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2022
| Charity NameAl Saaf Foundation Ltd | Charity NameAl Saaf Foundation Ltd | Charity NameAl Saaf Foundation Ltd | Charity No | 1191452 | 1191452 | ||
|---|---|---|---|---|---|---|---|
| Company No |
12754204 | ||||||
| Annual accounts for the period | |||||||
| Period start date | 01.04.2021 | To | Period end date |
31.03.22 | |||
Section A Statement of financial activities (including summary income and expenditure account)
| Recommended categories by activity | Recommended categories by activity | Guidance Note | Unrestricted funds |
Restricted income funds |
Endowment funds |
Total funds | Prior year funds |
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |||
| Income(Note 3) | F01 | F02 | F03 | F04 | F05 | ||
| Income and endowments from: | |||||||
| Donations and legacies | S01 | 3,600 | 154,036 | - | 157,636 | 88,355 | |
| Charitable activities | S02 | - | - | - | - | - | |
| Other trading activities | S03 | - | - | - | - | - | |
| Investments | S04 | - | - | - | - | - | |
| Separate material item of income | S05 | - | - | - | - | - | |
| Other | S06 | - | - | - | - | - | |
| Total | S07 | 3,600 | 154,036 | - | 157,636 | 88,355 | |
| Expenditure(Notes 6) | |||||||
| Expenditure on: | |||||||
| Raising funds | S08 | - | - | - | - | - | |
| Charitable activities | S09 | 1,745 | 152,852 | - | 154,597 | 78,818 | |
| Separate material expense item | S10 | - | - | - | |||
| Other | S11 | - | - | - | - | - | |
| Total | S12 | 1,745 | 152,852 | - | 154,597 | 78,818 | |
| Net income/(expenditure) before tax for the reporting period |
S13 | 1,855 | 1,184 | - | 3,039 | 9,537 | |
| Taxpayable | S14 | - | - | - | - | - | |
| Net income/(expenditure) after tax before investment gains/(losses) |
S15 | 1,855 | 1,184 | - | 3,039 | 9,537 | |
| Net gains/(losses) on investments |
S16 | - | - | - | - | - | |
| Net income/(expenditure) | S17 | 1,855 | 1,184 | - | 3,039 | 9,537 | |
| Extraordinary items | S18 | - | - | - | - | ||
| Transfers between funds | S19 | - | - | - | - | - | |
| Other recognised gains/(losses): | |||||||
| Gains and losses on revaluation of fixed assets for the charity’s ow n use |
S20 | - | - | - | - | - | |
| Other gains/(losses) | S21 | - | - | - | - | - | |
| Net movement in funds | S22 | 1,855 | 1,184 | - | 3,039 | 9,537 | |
| Reconciliation of funds: |
|||||||
| Total funds brought forw ard | S23 | 1,413 | 7,859 | - | 9,272 | 265 - |
|
| Total funds carried forward | S24 | 3,268 | 9,043 | - | 12,311 | 9,272 |
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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2022
Charity Name Al Saaf Foundation Ltd Charity No 1191452 Company No 12754204
Section B Balance sheet
| Guidance Note | Unrestricted funds |
Restricted income funds |
Endowment funds |
Total this year |
Total last year |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | ||
| Fixed assets | F01 | F02 | F03 | F04 | F05 | |
| Intangible assets(Note 15) | B01 | - | - | - | - | - |
| Tangible assets(Note 14) | B02 | - | - | - | - | - |
| Heritage assets(Note 16) | B03 | - | - | - | - | - |
| Investments(Note 17) | B04 | - | - | - | - | - |
| Total fixed assets | B05 | - | - | - | - | - |
| Current assets | ||||||
| Stocks(Note 18) | B06 | - | - | - | - | - |
| Debtors(Note 19) | B07 | 5,000 | - | - | 5,000 | 5,000 |
| Investments(Note 17.4) | B08 | - | - | - | - | - |
| Cash at bank and in hand(Note 24) | B09 | 718 | 9,043 | - | 9,761 | 5,497 |
| Total current assets | B10 | 5,718 | 9,043 | - | 14,761 | 10,497 |
| Creditors: amounts falling due within one year (Note 20) |
B11 | 2,450 | - | - | 2,450 | 1,225 |
| Net current assets/(liabilities) | B12 | 3,268 | 9,043 | - | 12,311 | 9,272 |
| Total assets less current liabilities | B13 | 3,268 | 9,043 | - | 12,311 | 9,272 |
| Creditors: amounts falling due after one year (Note 20) |
B14 | - | - | - | - | - |
| Provisions for liabilities | B15 | - | - | - | - | - |
| Total net assets or liabilities | B16 | 3,268 | 9,043 | - | 12,311 | 9,272 |
| Funds of the Charity | ||||||
| Endowment funds(Note 27) | B17 | - | - | - | ||
| Restricted income funds (Note 27) | B18 | 9,043 | 9,043 | 7,859 | ||
| Unrestricted funds | B19 | 3,268 | - | 3,268 - |
1,413 | |
| Revaluation reserve | B20 | |||||
| Fair value reserve | B21 | |||||
| Total funds | B22 | 3,268 | 9,043 | - | 12,311 | 9,272 |
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Al-saaf Foundalion Ltd Income and Expenditure Accounts for the year ended 31 March 2022 Section C st Notes to the accounts Note 1 Basis of preparation This stxtion should be completed by all charities. 1.1 Basis of accounting These aCCnIS have Iken prepawl under the hist(Kical cost c(fftvenb'(m wth items w(KJnised at c(61 or trS&"0n value unless otherwse staled in Ihe relevant notelsl to these xcounts. The accounts have been epared in xcrdanCe with.. the Ststent of Re¢(MMend Practice.. kcounting and Reporbng by charit9 prepanng thar accounts in accordance wlh the FInCIal Reporbng St2ndard atplicaNe in the UK Reput1¢ of Ireland {FRS 1021 issued on 16 July 2014 and wilh. and with. the Fin*eial Rewrfing Standard applicakje n the Unit1 KInj0M and Republic of dand {FRS 1021 and wilh the Charities Act 2011. The charity ccnstibjtes a wtAic Eenefrt enb'ty a5 thfined by FRS 102.. "_TKk 95 wropriate 12 Going concem K there are material uncertainties related to events orconditions that cast5ignfffiGant Ibubt on the chaiity& ability to continue as agoing concem, please provide the following detals orstate "Not applicable" rfappropriate." An exFlanatiC as to Ihose factOf5 Ihat 5UPPOrt the cClUSic that the charity is a 9)ing concern., The charity is ShOng a surplus at theend of the financial year. 1.3 Change of accounting policy The accounts present a true and far view and no change5 have been to the accryjnting pdicies a%SJpted in note { }. 1 A Changes to accounting estimates No changes lo &counting estimates have occurred in the rep)rting period13.46 FRS102 SORPI. Yes. No. 1.5 Material piior year errors No material nor ear error have teen identifEd in Ihe re Yes. orb'n Jd 3.47 FRS102 SORP . No. 14
Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2022
| Al-Saaf Foundation Ltd | Al-Saaf Foundation Ltd | Al-Saaf Foundation Ltd | Al-Saaf Foundation Ltd | Al-Saaf Foundation Ltd | Al-Saaf Foundation Ltd | Al-Saaf Foundation Ltd | Al-Saaf Foundation Ltd | Al-Saaf Foundation Ltd | Al-Saaf Foundation Ltd |
|---|---|---|---|---|---|---|---|---|---|
| Income and Expenditure Accounts for the year ended 31st March 2022 | |||||||||
| Note 3 | Income | ||||||||
| Analysis of income | Unrestricte d funds |
Restricted income funds |
Endowmen t funds |
Total funds | Prioryear | ||||
| £ | £ | ||||||||
| Donations and legacies: |
Donations and gifts | 154,036 | - | 154,036 | 83,355 | ||||
| Gift Aid | 3,600 | - | - | 3,600 | 5,000 | ||||
| Legacies | - | - | - | - | - | ||||
| General grants provided by government/other charities |
- | - | - | - | - | ||||
| Membership subscriptions and sponsorships which are in substance donations |
- | - | - | - | |||||
| Donatedgoods,facilities and services | - | - | - | - | - | ||||
| Other | - | - | - | - | |||||
| Total | 3,600 | 154,036 | - | 157,636 | 88,355 | ||||
| TOTAL INCOME | 3,600 | 154,036 | - | 157,636 | 88,355 |
| Note 6 | Expenditure | Expenditure | |||||
|---|---|---|---|---|---|---|---|
| Analysis of expenditure | Unrestricted funds |
Restricted income funds |
Endowmen t funds |
Total funds | Prioryear | ||
| £ | £ | ||||||
| Expenditure on charitable activities |
Accountancy fees | 825 | - | - | 825 | 825 | |
| Annual return | 150 | - | - | 150 | - | ||
| Bank charges | 380 | 380 | 225 | ||||
| Governance | - | 2,307 | |||||
| Grants Austria | 5,819 | 5,819 | |||||
| Grants Gambia | 37,585 | 37,585 | 47,555 | ||||
| Grants Ghana | 18,832 | 18,832 | |||||
| Grants Pakistan | 39,570 | 39,570 | 27,616 | ||||
| Grants Palestine | 12,205 | 12,205 | |||||
| Grants Uganda | 11,981 | 11,981 | |||||
| Grants UK organisations | 26,860 | - | 26,860 | - | |||
| Homeless feed UK | - | 60 | |||||
| Independent examination | 250 | 250 | |||||
| Printing, postage & stationery | 140 | 140 | |||||
| Shipping cost | - | 230 | |||||
| Total expenditure on charitable activities |
1,745 | 152,852 | - | 154,597 |
78,818 | ||
| TOTAL EXPENDITURE | 1,745 | 152,852 | - | 154,597 | 78,818 |
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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2022
| Note 10 Details of certain types of expenditure | Note 10 Details of certain types of expenditure | Note 10 Details of certain types of expenditure | Note 10 Details of certain types of expenditure | Note 10 Details of certain types of expenditure | Note 10 Details of certain types of expenditure | Note 10 Details of certain types of expenditure | Note 10 Details of certain types of expenditure | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Note 10.1 Fees for examination of the accounts | ||||||||||
| Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es). |
||||||||||
| Thisyear | Lastyear | |||||||||
| £ | £ | |||||||||
| Independent examiner’s fees | 250 | 250 | ||||||||
| Assurance services other than independent examination | ||||||||||
| Tax advisory fees | ||||||||||
| Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner |
||||||||||
| Thisyear Lastyear £ £ - - - - 5,000.0 5,000.0 5,000.0 5,000.0 Note 19 Debtors and prepayments Please complete this note if the charity has any debtors or prepayments. 19.1 Analysis of debtors Total Trade debtors Prepayments and accrued income Other debtors(estimatedgift aid) |
||||||||||
| Thisyear | Lastyear | |||||||||
| £ | £ | |||||||||
| - | - | |||||||||
| - | - | |||||||||
| 5,000.0 | 5,000.0 | |||||||||
| 5,000.0 | 5,000.0 |
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Al-Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2022
| Note 20 Creditors and accruals | Note 20 Creditors and accruals | Note 20 Creditors and accruals | Note 20 Creditors and accruals | 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 | - | - | - | - |
| Payments received on account for contracts or performance-related grants |
- | - | - | - |
| Accruals and deferred income | 2,450 | 1,225 | - | - |
| Taxation and social security | - | - | - | - |
| Other creditors | - | - | - | - |
| Total | 2,450 | 1,225 | - | - |
| Note 24 Cash at bank and in hand | Note 24 Cash at bank and in hand | 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 | 9,761 | 5,497 | ||
| Other | - | - | ||
| Total | 9,761 | 5,497 |
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