**Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024** 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 2024** |**Contents**|**Page**| |---|---| |Basic information|3| |Trustees annual report|4-10| |Independent examiners report|11-12| |Income and expenditure accounts|13-14| |Notes to the accounts|15-19| 2 **Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024** ## **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 2024** ## **Trustees’ annual report (including Directors’ report) for the period** **From: 1[st] April 2023 To: 31[st] March 2024** **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:
(1) The relief of poverty and preservation of health,
anywhere in the world, in particular but not
exclusively in Gambia by building community wells
and the provision of food packages.
(2) The advancement of the Islamic faith, anywhere
in the world, in particular but not exclusively in
Gambia by the provision of funds to build a masjid.
(3) The relief of financial need and suffering among
victims of natural or other kinds of disaster in the
form of money (or other means deemed suitable)
for persons, bodies, organisations and/or countries
affected.| |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:| 4 ## **Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024** • Select suitable accounting policies and then apply them consistently; • Make judgements and estimates that are reasonable and prudent; • 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 The charity was able to carry out water achievements of the charity, projects, food distribution projects, Qurbani identifying the difference the project and Ramadan food packs in different charity’s work has made to the Para 1.20 countries (see accounts for details). The charity circumstances of its also managed to provide grants to a UK charity beneficiaries and any wider Rafah International. benefits to society as a whole. 5 **Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024** ## **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 2024** ## **Pakistan project** **Uganda Project** 7 **Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024** ## **Morrocco project** ## **Niger project** **Ghana project** 8 ## **Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024** ## **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 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|| **Corporate trustees – names of the directors at the date the report was approved** **Director name** Nayim Akram Irfan Afzal Asam Munir Rizwan Shabir 9 Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31 March 2024 st Declaratlons Tho company has tak•n advantag• of the Small compani08' •x•mptlon In preparing th• report above. Thè trustees d•clare that th•y hav• approved tho tru8to08' report (Includlng director8, rèport) abov•. Slgned on behalf of the charlty's tru$tee$ldlre¢tors Slgnature(sl Full namelsl Irfan Alzal P051tlon (for example Secretary, Chalr. etcl Dir8ctor Date 27108124 io ## **Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024** 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 2024||||| |||||||12754204| |||**Charity no:**|1191452|Company no.:||| **Set out on pages** 13-14 I report to the charity trustees on my examination of the accounts of the Company for the year ended **31 / 03 / 2024** . **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).| 11 Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31 March 2024 st [rf •ry): F￿A F17 8LL 12 **Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024** ||**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**||01.04.2023|**To**|**Period end**
**date**|31.03.24|| ||||||||| ## **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|24,581|191,611|-|216,192|241,618| |Charitable activities||S02|-|-|-|-|-| |Other trading activities||S03|-|-|-|-|-| |Investments||S04|-|-|-|-|-| |Separate material item of income||S05|-|-|-|-|-| |Other||S06|-|-|-|-|-| |**_Total_**||S07|24,581|191,611|-|216,192|241,618| |**Expenditure (Notes 6)**|||||||| |**Expenditure on:**|||||||| |Raising funds||S08|-|-|-|-|-| |Charitable activities||S09|3,150|184,799|-|187,949|195,119| |Separate material expense item||S10|-|-|||-| |Other||S11|174|-|-|174|-| |**_Total_**||S12|3,324|184,799|-|188,123|195,119| ||||||||| |**Net income/(expenditure) before tax for**
**the reporting period**||S13|21,257|6,812|-|28,069|46,499| |Taxpayable||S14|-|-|-|-|-| |**Net income/(expenditure) after tax**
**before investment gains/(losses)**||S15|21,257|6,812|-|28,069|46,499| |Net gains/(losses) on
investments||S16|-|-|-|-|-| |**Net income/(expenditure)**||S17|21,257|6,812|-|28,069|46,499| |**Extraordinary items**||S18|-|-|-|-|| |**Transfers between funds**||S19|-|-|-|-|-| |**Other recognised** **gains/(losses):**|||||||| |Gains and losses on revaluation of fixed assets for the
charity’s own use||S20|-|-|-|-|-| |Other gains/(losses)||S21|-|-|-|-|-| |**_Net movement in funds_**||S22|21,257|6,812|-|28,069|46,499| ||||||||| |**_Reconciliation of_**
**_funds:_**|||||||| |Total funds brought forward||S23|32,078|26,732|-|58,810|12,311| |**_Total funds carried forward_**||S24|53,335|33,544|-|86,879|58,810| 13 Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31 March 2024 st 1191452 Section B Balance sheel Flx•d a$s•ts F07 FCQ F04 Twibtyj *#**t# IrA*•*kn•Tr (￿￿* 17> Curr•nt a6•0t6 DtrL**r* IN*i* l• In¥**uotn IN￿* 17.4> Cd*h4tb*nk *rtd in h*rtd 241 23.66F 26 194 )3.914 33.W 4,8 18,379 016 60210 51.835 Cred*or•'. *ll•ur** on• Yeai 53.335 33.544 46,8 810 53.335 86,87 5&BID on• y• tor 1*bIll￿•• S3.335 33.￿4 16,879 Funds of th• Charlty EThknwm*nl fvnd* (P4ot• 271 Llnr••irfjGW V07B F*ir¥*hx r•*•v¥* T•i•lJl*¥ds a6,879 A1 do Itlan A12A 27AW24 dor 2?￿￿￿4 irt&n Njzai 14 Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31 March 2024 Section C st Notes to the accounls Note 1 Basis of preparation This serlion sh)uld be completed by all charities. 1.1 Basis ofaccounting These aCC￿jnts have teen wepared under the histcfical cc6t eC￿Venticfft ￿1th items reccgnised at costor trans*tion value unless othewi%e stated in the relevant note(s} to these accounts. The &counls have teen epared in accordance with.. the Ststement of Reccrfnmended Practice.. kcounting and Repcfting by CharitEs preparing their a¢¢ounts in accordance with the Financial Repc#*ng Standanl applicatrje in the UK Repu￿1¢ of Ireland {FRS 1021 issued cffj 16 July 2014 and with" a)d with" the FIn￿CIal Rewb"ng Standard aFplicat4e n the United Kin9Jom and Republic of eland IFRS 1021 and with the Charities Act 2011. The Charity ccfjstitutes a W￿1¢ Imefrt ￿ts'ty as defined by FRS 102." "wriae 12 Going concern there are material uncertainties related to events or condilions that castsignifiGant doubton the charitys ability to continue as agoing concem, please provide the following details orstate -Not applicable-, rfapprowiate.. An eX￿ana1[On as to thc6e factor5 that support the cCnclusic￿ that the Charity is )ing concem.. The charity is showing a sU￿lUS at theeThYof the financial 1.3 Change ofaccounting policy The &counts presenl a true and fa.r view no changes have teen maje to the aCC￿jnting pdicies adopted in note { }- .T*X &s 1AChangesto accounting estrmates No ch￿ge5 to xcounting estimates have o¢cunEd in the rerKJrting pericd {3.46 FRS102 SORPI. Yes" No. 1.5 Malerial prior Jtar errors No material r errorhave L*en idenbfEd in the re Yes. orb'n erK) 3.47 FRS102 SORP . -TKk a5 15 ## **Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024** |**Note 3**|**Income**|||||| |---|---|---|---|---|---|---| ||**Analysis of income**|**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total funds**|**Prioryear**| ||||||**£**|**£**| |**Donations**
**and**
**legacies:**|Donations and gifts||191,611|-|191,611|187,820| ||Gift Aid|24,581|-|-|24,581|32,148| ||Legacies|-|-|-|-|-| ||General grants provided by government/other
charities|-|-|-|-|21,650| ||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|-|| ||Donated goods, facilities and services|-|-|-|-|-| ||Other|-|-|-|-|| ||**Total**|24,581|191,611|-|216,192|241,618| |||||||| |||||||| |**TOTAL INCOME**||24,581|191,611|-|216,192|241,618| 16 **Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024** |**Note 6**|**Expenditure**|**Expenditure**|||||| |---|---|---|---|---|---|---|---| ||**Analysis of expenditure**||**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total funds**|**Prioryear**| |||||||**£**|**£**| |**Expenditure on**
**raising funds:**|Incurred seeking donations||-|-|-|-|-| ||Incurred seekinglegacies||-|-|-|-|-| ||Incurred seeking grants||||||| ||||-|-|-|-|-| ||**Total expenditure on raising funds**||-|-|-|-|-| ||||||||| |**Expenditure on**
**charitable**
**activities**|Accountancy fees||975|-|-|975|975| ||Annual return||325|-|-|325|125| ||Bank charges||931|||931|788| ||Gift aid charges||539|||539|710| ||Governance||-|||-|400| ||Grants Sri Lanka||-|2,000||2,000|-| ||Grants Gambia|||33,185||33,185|28,115| ||Grants Ghana|||18,290||18,290|47,265| ||Grants Guinea|||2,016||2,016|| ||Grants Jerusalem|||100||100|| ||Grants Morocco|||5,919||5,919|| ||Grants Niger|||6,812||6,812|14,575| ||Grants Pakistan|||33,665||33,665|20,156| ||Grants Palestine|||39,500||39,500|3,680| ||Grants Turkey|||8,156||8,156|32,343| ||Grants Uganda|||28,532||28,532|34,547| ||Grants UK organisations|||6,625|-|6,625|11,100| ||Independent examination||300|||300|300| ||Printing, postage & stationery||80|||80|40| ||**Total expenditure on charitable**
**activities**||3,150|184,799|-|
187,949|195,119| ||||||||| ||||||||| |**Other**|Justgivingfees||174|-|-|174|-| ||||-|-|-|-|-| ||**Total other expenditure**||174|-|-|174|-| ||||||||| |**TOTAL EXPENDITURE**|||3,324|184,799|-|188,123|195,119| 17 **Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024 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)._**||||||| ||||||**This year**|**Last year**| ||||||**£**|**£**| |**Independent examiner’s fees**|||||300|300| |**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**|**Note 19 Debtors and prepayments**|**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**|||-|-| |**Prepayments and accrued income**|||-|-| |**Other debtors (estimated gift aid)**|||23,687.0|26,194.0| |**Total**|||23,687.0
|26,194.0| 18 ## **Al Saaf Foundation Ltd Income and Expenditure Accounts for the year ended 31[st] March 2024** |**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**||**Amounts falling due after**||| ||**within oneyear**||**more than oneyear**||| ||**This year**|**Last year**|**This year**|**Last year**|| ||**£**|**£**|**£**|**£**|| |**Accruals for grants payable**|-|-|-|-|| |**Bank loans and overdrafts**|-|-|-|-|| |**Trade creditors**|-|-|-|-|| |**Payments received on account for contracts**|||||| |**or performance-related grants**|-|-|-|-|| |**Accruals and deferred income**|1,500|1,400|-|-|| |**Taxation and social security**|-|-|-|-|| |**Other creditors**|-|-|-|-|| |**Total**|1,500|1,400|-|-|| |**Note 24Cash at bankand in hand**|**Note 24Cash at bankand in hand**|**Note 24Cash at bankand in hand**||| |---|---|---|---|---| ||||**This year**|**Last year**| ||||**£**|**£**| |**Short termcash investments (less than 3 months maturity date)**|||-|-| |**Short termdeposits**|||-|-| |**Cash at bankand on hand**|||64,692|34,016| |**Other**|||-|-| |**Total**|||64,692|34,016| 19