**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 2 **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. 3 **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. 4 ## **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. 5 **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** 6 ## **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; or - (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** 7 ||Charity name|Charity name|No (if any)|No (if any)|**CC16a**| |---|---|---|---|---|---| ||**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**| 8 |**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)**| ||||||-||-| ||||||-||-| ||||||-||-| ||||||-||-| |||**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|| 9