**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 1 **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| 2 **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 3 ## **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;| 4 ## **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| |---|---|---| 5 ## **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** 6 ## **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|| 7 **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 8 ## **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). 9 ## **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. 10 **Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2023** ||**Charity Name**Al Saaf Foundation Ltd|**Charity Name**Al Saaf Foundation Ltd|**Charity Name**Al 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| 11 ## **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._**||||||| |||||||| |||||||| 12 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| 14 ## **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|| 15 ## **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| 16