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2022-03-31-accounts

Charity registration number: 1192794

AAMINAH WELFARE TRUST

(Charitable incorporated organisation (CIO))

Report and Accounts

31 March 2022

AAMINAH WELFARE TRUST Contents

Page
Charity Information 1
Trustees annual report 2-4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the accounts 8-10

AAMINAH WELFARE TRUST Charity Information At 31 March 2022

Address

1 Kirkland close Blackburn Lancashire BB1 5JF

Charity registration number: 1192794

Trustees

Mr Binyamin Ahmedjee Mrs Rashida Asvat Mr Asif Asvat Ms Rubina Ahmedjee Mr Mohammed Limbada

Appointed independent examiner

M A Ibrahim (FCCA)

Accountants

M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE

1

AAMINAH WELFARE TRUST Trustees’ annual report At 31 March 2022

1192794

Charity registration number:

The Annual Report is fully SORP compliant and sets out how the trustees have met their obligations.

The Financial Statement is fully SORP compliant and includes the incoming resources and resources expended.

Objectives and activities

The objects of the charity are set out in the constitution are summarised as follows:

The Charitable Trust is constituted by Trust Deed, and CIO foundation constitution and its main objects of the CIO is the prevention or relief of poverty in India and the UK by providing items, services and funding to individuals/charities or other organisations working to prevent or relieve poverty. The name Aaminah means truthful, and the charity was set up with help from Forbes Solicitors who agreed to help with the charity commission paperwork.

In setting our objectives and planning our activities our Trustees have given careful consideration to the Charity Commission's general guidance on public benefit.

Achievements and performance

The Charity carries out a wide range of activities in pursuance of its charitable aims:

Raising Funds

The trustees have been actively seeking donations in the UK and have been able to secure regular donations through family and friends. We have been successful in approaching individuals and businesses. We received a large donation from a UK based Ltd company and hopefully this will continue. India

Aaminah welfare made total of £21,135.60 in 3 payments to Jamia Islamia Ishaatul Uloom this financial year. This Indian charity had asked for donations and as they have permission from the Indian government to receive foreign aid these payments were made. They provide free education and medical treatment and other charitable work in India. One of the trustees Binyamin Ahmedjee Visited this organization in March of 2022 and confirmed the organization was helping the needy in Maharashtra India. Jamia Faizanul Quran

2 donations totaling £10,355.00 was made in 2022 to this charity in Gujarat India, this charity is Ahmedabad, India and provides free education and distributes donations to the poor and needy in Gujarat.

Structure, governance and management

Aaminah Welfare Trust is constituted as a Charitable Incorporated Organisation registered with the Charity Commission on 15 December 2020 under charity number 1192794. It is governed by a deed of trust. The charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits.

The trustees meet together as a body on a regular basis, where possible, and are responsible for all decisions taken in relation to running the charity and its activities. The trustees are assigned tasks during these meetings and there is regular communication during the intervening periods, through the use of messaging and task management tools,to ensure tasks are completed in a timely fashion.

2

AAMINAH WELFARE TRUST Trustees’ annual report At 31 March 2022

Appointment of charity trustees

The trustees hold a special meeting where a simple majority is required to appoint a responsible person from the community, judged to be a fit and proper person, as a trustee.

Reference and administrative details

See preceding page under 'Charity Information'.

Names of the charity trustees who manage the charity

All trustees are named on the preceding page under 'Charity Information'.

The trustees named on the preceding page under 'Charity Information' have served throughout the year. Appointment of trustees is governed by the Trust Deed of the charity. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. No changes were made in Trustees or management structure in the last year. This was a new charity, and we have 5 Trustees as below who have kindly given up their free time to raise funds and are all volunteers.

Financial review and reserves policy

The Charity was set up in December 2020, but we could not raise funds until the Bank account was opened. Due to covid and other challenges the bank account was opened finally in April 2021, and we received a donation from NatWest bank for delays of £250 as a gesture of goodwill. Therefore, the charities tax has been submitted in April of this year. We have had a very successful year in raising funds and building string relationships with donors and businesses who are happy to make donations that we can distribute to other charities in India and if needed in the UK.

Future Development

The charity aims to continue with its long-term projects in India. In countries where an urgent need arises the charity will aim to aid with food, clothing and medical needs and in the advancement of education.

Reserves Policy

It is the policy of the charity to maintain unrestricted funds at a level, which equate to approximately 12 months unrestricted expenditure.

Risk Management

The trustees actively review the major risk, which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined the operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks.

There are no uncertainties about the charity continuing as a going concern.

The Trustees actively review all major risks which the Charity faces and drawn up a risk assessment which is reviewed at every meeting. The Trustees are satisfied that all systems are in place and arrangements have been made to manage any risks identified.

The Trustees would like to thank all those who assisted us with their moral and financial support and trust they continue to do so.

3

AAMINAH WELFARE TRUST Trustees’ annual report At 31 March 2022

Statement of Trustee’s responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that period in preparing these financial statements, the trustees are required to:-

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

This report was approved by the trustees on 09/04/2022 and signed on their behalf.

Binyamin Ahmedjee

Asif Asvat

Date: 18/05/2022

4

AAMINAH WELFARE TRUST

Independent examiner’s report to the trustees of Wellwishers Trust Charitable Incorporated Organisation (‘the CIO’)

I report to the charity trustees on my examination of the accounts of the CIO for the period ended 31 May 2021

Responsibilities and basis of report

As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the CIO’s accounts carried out under section 145 of the Act. In carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

The appointed independent examiner of the trust:

M A Ibrahim (FCCA) for and on behalf of Date: 18/05/2022 M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE

5

AAMINAH WELFARE TRUST Statement of financial activities At 31 March 2022

Notes Restricted
Unrestricted **income ** Endowment Total
funds funds funds 2022
Income 3 £ £ £ £
Income and endowments from:
Donations and legacies 4,795 53,579 - 58,374
Expenditure 4
Expenditure on:
Charitable activities 1,633 31,381 - 33,014
Net income/(expenditure) for the year 3,162 22,198 - 25,360
Reconciliation of funds
Net incoming resources for the year 3,162 22,198 - 25,360
Transfer between Funds 0 (0) - (0)
Total funds carried forward 3,162 22,198 - 25,360

6

AAMINAH WELFARE TRUST Balance Sheet At 31 March 2022

Notes Restricted
Unrestricted **income ** Endowment Total
funds funds funds 2022
£ £ £ £
Fixed assets
Current assets
Cash at bank 3,462 22,198 - 25,660
3,462 22,198 - 25,660
Creditors:amounts falling due within one year
Trade creditors and accruals 6 300 - - 300
Net current assets 3,162 22,198 - 25,360
Net Assets 3,162 22,198 - 25,360
Funds of the Charity 7
Unrestricted funds 3,162 - - 3,162
Restricted funds - 22,198 - 22,198
Total funds 3,162 22,198 - 25,360

Approved by the Board of Trustees and

Binyamin Ayub Ahmedjee

Date: 18/05/2022

7

AAMINAH WELFARE TRUST Notes to the Accounts At 31 March 2022

Basis of preparation

1 Basis of accounting

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, and Charity SORP FRS 102 (Statement of Recommended Practice for Accounting and Reporting by Charities) , (The SORP) published by the Charity Commission in England & Wales (CCEW), effective January 2019, and in accordance with all applicable law.

The charity is a public benefit entity.

2 Accounting Policies

Income

Income from charitable activities and voluntary donations are included in full in the Statement of Financial Activities when received. The value of services provided by volunteers has not been included.

Expenditure

Expenditure is included in the accounts on an accruals basis.

Unrestricted funds

Unrestricted funds are donations and other incoming resources receivable or generated for the charity without further specified purpose and are available as general funds.

Restricted funds

Restricted funds are funds subject to specific trusts, which may be declared by the donor(s) or with their authority (eg in a public appeal) or created through legal process, but still within the wider objects of the charity. Restricted funds may be restricted income funds, which are spent at the discretion of the trustees in furtherance of some particular aspect(s) of the objects of the charity, or they may be endowment funds, where the assets are required to be invested, or retained for actual use, rather than spent.

8

AAMINAH WELFARE TRUST Notes to the Accounts At 31 March 2022

3
Analysis of income
Donations and legacies
Donations
Total
Total income
4
Analysis of expenditure
Expenditure on charitable activities
Bank charges
Grants and donations
Accountancy fees
Legal and professional fees
Total
Total expenditure
5
Grants made to institutions
Name of institutions
Jamia Islamia Ishaatul Uloom
Jamia Faizunul Quran		 Restricted
Unrestricted
income
2022
funds
funds
Total funds
£
£
£
4,795
53,579
58,374		 Restricted
Unrestricted
income
2022
funds
funds
Total funds
£
£
£
4,795
53,579
58,374
4,795
53,579
58,374
4,795
53,579
58,374
Restricted
Unrestricted
income
2022
funds
funds
Total funds
£
£
£
253
-
253
-
31,381
31,381
300
-
300
1,080
-
1,080
1,633
31,381		 33,014
1,633
31,381		 33,014
Purpose
Education & medical
Education & relief work		 £ 21,080.60
10,300.00
£
31,380.60
£

9

AAMINAH WELFARE TRUST Notes to the Accounts At 31 March 2022

6 Creditors

Creditors
Analysis of creditors:
Accruals		 2022
£
300
300

7 Analysis of fund assets and liabilities

Current assets
Current liabilities		 Restricted
Unrestricted
income
Endowment
Total
funds
funds
funds
2022
£
£
£
£
3,462
22,198
-
25,660
(300)
-
-
(300)
3,162
22,198
-
25,360

8 Transactions with trustees and related parties

There were no benefits, expenses or remuneration paid to the Trustees. There were no transactions with related parties.

9 Employees 2021 2020
Number Number
Average number of persons employed by the company 0 0

10