2024-11-01-accounts - Shukran Charity

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REGISTERED CHARITY: 1192123

Shukran Charity

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

02 NOVEMBER 2023 TO 01 NOVEMBER 2024

REFERENCE AND ADMINISTRATIVE DETAILS

The trustees, present their report with the financial statements of the charity for the period 02[nd] November 2023 to 1[st] November 2024.

INCORPORATION

The CIO Foundation was incorporated on 02 November 2020.

Registered Charity Number

1192123

Registered Office

14 Woodside Crescent, Batley, WF17 7DZ, UK

Trustees

Mr Ghulam Fareed Usmani Mr Aftab Muhaudden Mr Muhammad Usman

appointed 01.06.20 - appointed 01.06.20 - appointed 05.02.21

Independent Examiner

Quba Accountancy Ltd 14 Mayne Avenue Luton, Bedfordshire, LU4 9LS, UK

STRUCTURE, GOVERNANCE AND MANAGEMENT

Board of Trustees

The Board of Trustees sets our future aims and priorities focusing on strategic planning and governance and also evaluates our performance and progress in our work to alleviate poverty and suffering.

The Board of Trustees also make sure that we satisfy the regulatory requirements on us as a charity and works with key stakeholders.

Recruiting and Appointing Trustees

All our trustees are volunteer, chosen because they all have the diverse range of skills, knowledge and experience that we need to respond to the challenges of today. Stakeholders and partners may nominate trustees and sometimes we will make a personal approach to potential candidates.

Governing document

Shukran Charity refers to the charitable incorporated organisation with a governing document known as CIO by foundation originally incorporated on 02 November 2020.

Responsibilities of Trustees

The annual report and financial statements are prepared according to the relevant law and approved by the trustees.

The trustees keep adequate accounting records and they show and explain our transactions. The records also disclose our financial position with reasonable accuracy at any time and enable trustees to ensure that the financial statements comply with Charity Commission Statement of Recommended Practice (SORP) 2015.

Grant Making Policies

We provide grants to projects if the request meets our charitable objectives and criteria. Project grant making is managed according to a designated process, which is documented in our Operational Risk-Management Framework. We aim to treat all grant applications professionally, equally and fairly. We make the final decision as to eligibility to receive a grant, at our discretion.

Public Benefit

We develop strategic plans to make certain that we provide maximum public benefit and achieve our strategic objectives, which fall under purposes defined by the Charity Act 2006.

Objectives and Strategic activities

The objects of the charity are set below:

THE RELIEF OF POVERTY OR FINANCIAL HARDSHIP AND SUFFERING AMONG VICTIMS OF NATURAL OR OTHER KINDS OF DISASTER IN THE FORM OF SERVICES (OR OTHER MEANS DEEMED SUITABLE) FOR PERSONS, BODIES, ORGANISATIONS AND/OR COUNTRIES.

TO ADVANCE THE ISLAMIC RELIGION IN THE UNITED KINGDOM AND THE WORLD FOR THE BENEFIT OF THE PUBLIC THROUGH THE HOLDING OF MEETINGS, LECTURES.

Achievements and Performance

During the financial year, Shukran Charity continued its mission of providing vital educational and welfare services to underprivileged individuals, with all activities carried out free of charge. The charity operates two key institutions:

1. Madrassah Noor ul Islam

Madrassah Noor ul Islam provides primary and intermediate Islamic education to children and young adults. Throughout the year, the madrassah offered:

Free education in Quranic and Islamic studies as well as School education
Free daily meals for all enrolled students
Free accommodation for boarding students
Full medical care

Due to increased student enrolment, the charity undertook an extension project at Madrassah Noor ul Islam. Funds were allocated towards the expansion of classrooms, sleeping quarters, and sanitation facilities to enhance student welfare and capacity.

2. Sadia Islamic College

Sadia Islamic College delivers advanced Islamic education, including studies in Arabic, Hadith, Fiqh, and Islamic jurisprudence. This institution also provides:

Completely free education for all students
Free accommodation and meals throughout the academic year
Complete medical support

Significant capital expenditure was made during the year on building and infrastructure improvements at Sadia Islamic College. These enhancements included the construction of new teaching blocks, dormitory upgrades, and improved dining and hygiene facilities.

3. Charitable Impact

All services provided by Shukran Charity are offered without charge, ensuring access to education and care for those most in need. The charity remains committed to:

Ensuring zero-cost, high-quality education
Providing holistic support through food, housing, and medical assistance
Using donated funds efficiently and transparently to support infrastructure and essential services

The trustees extend their sincere thanks to all donors and supporters. Their generosity enables Shukran Charity to continue making a meaningful difference in the lives of hundreds of students and their families.

Financial Review

The charity received sum of £62,506 in donations from various sources.

The charity does not have any reserve policy.

No funds are in deficit at the balance sheet.

The funds are in surplus by £40,968 at the balance sheet.

Declaration

The trustees declare that they have approved the trustees report above.

Signed on behalf of the charity’s trustees.

Signature Name: Position: Trustee Date: 14/05/2025

INDEPENDENT EXAMINERS REPORT FOR THE PERIOD 02 NOV 2023 TO 01 NOV 2024 TO THE TRUSTEES

I report on the accounts for the period 02[nd] November 2023 to 01[st] November 2024 set out below.

Respective responsibilities of trustees and examiner

The charity’s trustees responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for the period (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:

Examine the accounts
Follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
To state weather particular matters have come to my attention.

Basis of the independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiners statement

In connection with my examination, no matter has come to my attention:

(1) Which gives me reasonable cause to believe that, in any material respect, the requirements have not been met;

(2) To which. In my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Independent Examiner

Signature : Mr Dawood Masood AFA, MIPA Date: 10/05/2025

Charity name	Charity name	No (if any)	No (if any)
Shukran Charity		1192123
Receipts and payments accounts
For the period from	Period start date	To	Period end date 1-Nov-24
	2-Nov-23

Section A Receipts and payments

A1 Receipts	Unrestricted funds To the nearest £	Restricted funds To the nearest £	Endowment funds To the nearest £	Total funds To the nearest £	Last year To the nearest £
Donation	42,729	14,777	-	57,506	44,140
Repayment of Loan	5,000	-	-	5,000	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Sub total(Gross income for AR)	47,729	14,777	-	62,506	44,140

A2 Asset and investment sales, (see table).


Sub total	-	-	-	-	-
Total receipts A3 Payments
	47,729	14,777	-	62,506	44,140

Charitable Activities	33,363	10,754	-	44,117	34,427
Administrative expense	50	-	-	50	8,668
Governance cost	400	-	-	400	-
Loan	10,000	-	-	10,000	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Sub total	43,813	10,754	-	54,567	43,095

A4 Asset and investment purchases, (see table)
	-	-	-	-	-
	-	-	-	-	-
Sub total Total payments	-	-	-	-	-
	43,813	10,754	-	54,567	43,095
Net of receipts/(payments)	3,917	4,023		7,940	1,045
A5 Transfers between funds	-	-	-	-	-
A6 Cash funds last year end	-	-	-	33,029	31,984
Cash funds this year end	3,917	4,023	-	40,968	33,029

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories Details B1 Cash funds Cash in hand & at Bank Total Cash funds (agree balances with receipts and payments account(s)) Details B2 Other monetary assets Details B3 Investment assets Details B4 Assets retained for the charity’s own use Details B5 Liabilities Signed by one or two trustees on behalf of all the trustees Signature Print Name		Details		Unrestricted funds	Restricted funs		Endowment funds
		Cash in hand & at Bank		36,945	4,023		-
				-	-		-
		Total Cash funds		-	-		-
				36,945	4,023		-
		(agree balances with receipts and payments account(s)) Details		Agreement Error	OK		OK
				Unrestricted funds To nearest £	Restricted funds To nearest £		Endowment funds To nearest £
				-	-		-
				-	-		-
				-	-		-
				-	-		-
		Details		Funds to which assets belong	Cost (Optional)		Current value (Optional)
					-		-
					-		-
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		Details		Funds to which assets belong	Cost (Optional)		Current value (Optional)
					-		-
					-		-
					-		-
					-		-
		Details		Funds to which liability belong	Amount due (Optional)		When due (Optional)
						-
						-
						-
						-

	Signature		Print Name			Date of approval
						14/05/2025