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2023-03-31-accounts

Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2023

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 2023

Contents Page
Basic information 3
Trustees annual report 4-8
Independent examiners report 9-10
Income and expenditure accounts 11-12
Notes to the accounts 13-16

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Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2023

Basic information

Address

Al Saaf Foundation Ltd 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 2023

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

From: 1[st] April 2022 To: 31[st] March 2023

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 2023

• 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).

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 2023

Pictures of projects during the year .

Gambia project

Turkey project

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Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2023

Pakistan project

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 Ltd, 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

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Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2023

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 2023

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 Ltd
31stMarch 2023
12754204
Charity no: 1191452 Company no.:

Set out on pages 11- 12

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 / 03 / 2023 . 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 2023

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.

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Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2023

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 01.04.2022 To Period end
date		 31.03.23

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 32,148 209,470 - 241,617 157,636
Charitable activities S02 - - - - -
Other trading activities S03 - - - - -
Investments S04 - - - - -
Separate material item of income S05 - - - - -
Other S06 - - - - -
Total S07 32,148 209,470 - 241,617 157,636
Expenditure(Notes 6)
Expenditure on:
Raising funds S08 - - - - -
Charitable activities S09 3,338 191,781 - 195,119 154,597
Separate material expense item S10 - - -
Other S11 - - - - -
Total S12 3,338 191,781 - 195,119 154,597
Net income/(expenditure) before tax
for the reporting period		 S13 28,810 17,689 - 46,498 3,039
Taxpayable S14 - - - - -
Net income/(expenditure) after tax
before investmentgains/(losses)		 S15 28,810 17,689 - 46,498 3,039
Net gains/(losses) on
investments		 S16 - - - - -
Net income/(expenditure) S17 28,810 17,689 - 46,498 3,039
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 28,810 17,689 - 46,498 3,039
Reconciliation of
funds:
Total funds brought forw ard S23 3,268 9,043 - 12,311 9,272
Total funds carried forward S24 32,078 26,732 - 58,809 12,311

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Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2023 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 26,194 - - 26,194 5,000
Investments(Note 17.4) B08 - - - - -
Cash at bank and in hand(Note 24) B09 7,284 26,732 - 34,016 9,761
Total current assets B10 33,478 26,732 - 60,210 14,761
Creditors: amounts falling due
within oneyear(Note 20)		 B11 1,400 - - 1,400 2,450
Net current assets/(liabilities) B12 32,078 26,732 - 58,810 12,311
Total assets less current liabilities B13 32,078 26,732 - 58,810 12,311
Creditors: amounts falling due
after oneyear(Note 20)		 B14 - - - -
Provisions for liabilities B15 - - - - -
Total net assets or liabilities B16 32,078 26,732 - 58,810 12,311
Funds of the Charity
Endowment funds(Note 27) B17 - - -
Restricted income funds (Note 27) B18 26,732 26,732 9,043
Unrestricted funds B19 32,078 - 32,078 3,268
Revaluation reserve B20 -
Fair value reserve B21
Total funds B22 32,078 26,732 - 58,810 12,311
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to
small companies.
~~The members have not required the company to obtain an audit in accordance with section 476 of the~~
Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies
Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies
subject to the small companies regime and in accordance with FRS102 SORP.

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Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31 March 2023 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 aCC￿nIS have Iken prepawl under the hist(Kical cost c(fftvenb'(m wth items w(KJnised at c(61 or tr￿S&￿"0n value unless otherwse staled in Ihe relevant notelsl to these xcounts. The accounts have been epared in xcr￿danCe with.. the Stst￿ent of Re¢(MMend￿ Practice.. kcounting and Reporbng by charit￿9 prepanng thar accounts in accordance wlh the FIn￿CIal Reporbng St2ndard atplicaNe in the UK Reput￿1¢ of Ireland {FRS 1021 issued on 16 July 2014 and wilh. and with. the Fin*eial Rewrfing Standard applicakje n the Unit￿1 KIn￿j0M 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 c￿ClUSic￿ that the charity is a 9)ing concern., The charity is ShO￿ng 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. 13

Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2023

Note 3 Income
Analysis of income Unrestricte
d funds		 Restricted
income
funds		 Endowmen
t funds		 Total funds Prioryear
£ £
Donations
and
legacies:		 Donations and gifts 187,820 - 187,820 154,036
Gift Aid 32,148 - - 32,148 3,600
Legacies - - - - -
General grants provided by
government/other charities		 - 21,650 - 21,650 -
Membership subscriptions and
sponsorships which are in substance
donations		 - - - -
Donatedgoods,facilities and services - - - - -
Other - - - -
Tota l 32,148 209,470 - 241,617 157,636
Note 6 Expenditure
Analysis of expenditure Unrestricted
funds
Restricted
income
funds		 Endowmen
t funds		 Total funds Prioryear
£ £
Expenditure on
charitable
activities		 Accountancy fees 975 - - 975 825
Annual return 125 - - 125 150
Bank charges 788 788 380
Gift aid charges 710 710
Governance 400 400 -
Grants Austria - 5,819
Grants Gambia 28,115 28,115 37,585
Grants Ghana 47,265 47,265 18,832
Grants Niger 14,575 14,575
Grants Pakistan 20,156 20,156 39,570
Grants Palestine 3,680 3,680 12,205
Grants Turkey 32,343 32,343
Grants Uganda 34,547 34,547 11,981
Grants UK organisations 11,100 - 11,100 26,860
Independent examination 300 300 250
Printing, postage & stationery 40 40 140
Total expenditure on charitable
activities		 3,338 191,781 -
195,119		 154,597
TOTAL EXPENDITURE 3,338 191,781 - 195,119 154,597

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Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2023

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 300 250
Assurance services other than independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services)
paid to the independent examiner
Note 19 Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
19.1 Analysis of debtors
Thisyear Lastyear
£ £
Trade debtors - -
Prepayments and accrued income - -
Other debtors(estimatedgift aid) 26,193.8 5,000.0
Total 26,193.8 5,000.0

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Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2023

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 oneyear		 Amounts falling due
after more than oneyear
Thisyear Lastyear Thisyear Lastyear
£ £ £ £
Accruals forgrantspayable - - - -
Bank loans and overdrafts - - - -
Trade creditors - - - -
Payments received on account for
contracts orperformance-relatedgrants		 - - - -
Accruals and deferred income 1,400 2,450 - -
Taxation and social security - - - -
Other creditors - - - -
Total 1,400 2,450 - -
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 34,016 9,761
Other - -
Total 34,016 9,761

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