2023-03-31-accounts - Aaminah Welfare

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Charity registration number: 1192794 (Charitable incorporated organisation (CIO))

AAMINAH WELFARE TRUST

Report and Accounts

31 March 2023

AAMINAH WELFARE TRUST Contents

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

AAMINAH WELFARE TRUST Charity Information for the period ended 31 March 2023

Address

1 Kirkland close Blackburn Lancashire BB1 5JF

Charity registration number: 1192794 (Charitable incorporated organisation (CIO))

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

Bankers

Natwest 35 King William street Blackburn Lancashire BB1 7DJ

AAMINAH WELFARE TRUST Trustees’ annual report for the period ended 31 March 2023

Charity registration number: 1192794

(Charitable incorporated organisation (CIO))

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.

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 made good relations with a few small businesses in the UK who donated some monies to help with our objectives.

India

Aaminah welfare made total of £10,27.50 including bank charges in 1 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. We as a trust have donated to this great institution last year and have plans to continue to donate to this charity in India.

UK

We as a trust donated to JAMEA AL KAUTHAR based in Lancaster. The trust provides religious and secular education and seeks to advance religion according to the tenets of the Islamic Faith. We have similar objectives to this UK charity and they were in need of some help.

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.

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'.

AAMINAH WELFARE TRUST Trustees’ annual report for the period ended 31 March 2023

Names of the charity trustees who manage the charity

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

Financial review and reserves policy

Funds available are sufficient to permit the charity to continue in operation in the medium to long term, together with the continued support from the donors.

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

This year has been very challenging, and we have noticed a large drop in donations from people and businesses. The main reason is due to the economic challenge we are facing, and people have less savings and less income.

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.

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:-

h Select suitable accounting policies to be applied consistently
h Observe the methods and principles in the Charities SORP
h Make judgements and estimates that are reasonable and prudent
h State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and,
h Prepare the financial statements on the going concern bases unless it is inappropriate to presume that the charitable company will continue in operation.

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.

Approved by the Trustees and signed on its behalf by:

Binyamin Ayub Ahmedjee Date: 04/05/2023 Trustee

AAMINAH WELFARE TRUST

Independent Examiner's Report to the Trustees of AAMINAH WELFARE TRUST

I report to the trustees on my examination of the accounts of AAMINAH WELFARE TRUST (the Trust) for the period ended 31 March 2023.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 ("the Act").

The charity's trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

It is my responsibility to:

l examine the accounts under section 145 of the Charities Act,
l to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
l to state whether particular matters have come to my attention

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 the 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 examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

l the accounting records were not kept in accordance with section 130 of the Charities Act; or

l the accounts did not accord with the accounting records; or

l the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

The appointed independent examiner of the trust:

M A Ibrahim (FCCA) for and on behalf of Date: 04/05/2023 M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE

AAMINAH WELFARE TRUST Statement of financial activities for the period ended 31 March 2023

Notes Restricted Unrestricted income Endowment Total funds funds funds 2023 £ £ £ £ Income 3 Income and endowments from: Donations and legacies 1,993 21,889 - 23,882 Expenditure 4 Expenditure on: Charitable activities 578 20,005 - 20,583 Net income/(expenditure) for the year 1,416 1,884 - 3,300 Reconciliation of funds Total funds brought forward - 25,360 - 25,360 Net incoming resources for the year 1,416 1,884 - 3,300 Transfer between Funds (400) 400 - 0 Total funds carried forward 1,016 27,644 - 28,660	Total 2022 £ 58,374 33,014
	25,360
	- 25,360 (0)
	25,360

AAMINAH WELFARE TRUST Balance Sheet At 31 March 2023

Notes Restricted Unrestricted income Endowment Total funds funds funds 2023 £ £ £ £ Current assets Cash at bank and in hand 1,466 27,644 - 29,110 1,466 27,644 - 29,110 Creditors:amounts falling due within one year Trade creditors and accruals 6 450 - - 450 Net current assets 1,016 27,644 - 28,660 Net assets 1,016 27,644 - 28,660 Funds of the Charity 7 Unrestricted funds 1,016 - - 1,016 Restricted income funds - 27,644 - 27,644 Total funds 1,016 27,644 - 28,660	Total 2022 £ 25,660
	25,660 300
	25,360
	25,360
	- 25,360
	25,360

Approved by the Board of Trustees and signed on its behalf by

Binyamin Ayub Ahmedjee Trustee

Date: 04/05/2023

AAMINAH WELFARE TRUST Notes to the Accounts for the period ended 31 March 2023

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 charities SORP (FRS 102) effective 1 January 2019, published by the Charity Commission in England & Wales.

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 (e.g. 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.

AAMINAH WELFARE TRUST Notes to the Accounts for the period ended 31 March 2023

3 Analysis of income Donations and legacies Donations Other Total Total income 4 Analysis of expenditure Expenditure on charitable activities Bank charges Grants & Donations Accountancy fees Independent examiner's fee Legal and professional fees Total Total expenditure 5 Grants made to institutions Name of institutions Jamia Islamia Ishaatul Uloom India Jamea Al Kauthar	Restricted Unrestricted income Endowment 2023 funds funds funds Total funds £ £ £ £ 1,993 21,833 - 23,826 - 56 - 56 1,993 21,889 - 23,882 1,993 21,889 - 23,882 Restricted Unrestricted income Endowment 2023 funds funds funds Total funds £ £ £ £ 28 - - 28 - 20,005 - 20,005 250 - - 250 300 - - 300 - - - - 578 20,005 - 20,583 578 20,005 - 20,583 Purpose Educational and medical projects Educational and financial support	2022 Prior year £ 57,953 421
		58,374

		58,374
		2022 Prior year £ 253 31,381 150 150 1,080
		33,014

		33,014
		£ 10,000 10,005
		20,005

AAMINAH WELFARE TRUST Notes to the Accounts for the period ended 31 March 2023

6 Creditors 2023 2022 Analysis of creditors: £ £ Accruals (450) (300) (450) (300) 7 Analysis of fund assets and liabilities Restricted Unrestricted income Endowment Total funds funds funds 2023 £ £ £ £ Current assets 1,466 27,644 - 29,110 Current liabilities (450) - - (450) 1,016 27,644 - 28,660 8 Details of certain items of expenditure 2023 2022 Fees for examination of the accounts £ £ Independent examiner’s fees 300 150 9 Transactions with trustees and related parties. 10 Employees 2023 2022 Number Number Average number of employees - - There were no benefits, expenses or remuneration paid to the Trustees or persons connected to them.	6 Creditors 2023 2022 Analysis of creditors: £ £ Accruals (450) (300) (450) (300) 7 Analysis of fund assets and liabilities Restricted Unrestricted income Endowment Total funds funds funds 2023 £ £ £ £ Current assets 1,466 27,644 - 29,110 Current liabilities (450) - - (450) 1,016 27,644 - 28,660 8 Details of certain items of expenditure 2023 2022 Fees for examination of the accounts £ £ Independent examiner’s fees 300 150 9 Transactions with trustees and related parties. 10 Employees 2023 2022 Number Number Average number of employees - - There were no benefits, expenses or remuneration paid to the Trustees or persons connected to them.	2022 £ (300) (300) Restricted income Endowment Total funds funds 2023 £ £ £ 27,644 - 29,110 - - (450)
	1,016	27,644 - 28,660

No employee received emoluments of more than £60,000.