**Charity registration number: 1192794 (Charitable incorporated organisation (CIO))**
## AAMINAH WELFARE TRUST
Report and Accounts
31 March 2024
## **AAMINAH WELFARE TRUST Contents**
||**Page**|
|---|---|
|Charity Information|1|
|Trustees annual report|2|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the accounts|7|
## **AAMINAH WELFARE TRUST Trustees Annual Report for the year ended 31 March 2024**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Charity registration number: 1192794 (Charitable incorporated organisation (CIO))**
## **Principle office**
1 Kirkland close Blackburn Lancashire BB1 5JF
## **Trustees**
The following trustees served during the year:
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
1
## **AAMINAH WELFARE TRUST Trustees’ annual report for the year ended 31 March 2024**
## **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
All five Trustees have been active in helping raise funds through their contacts and extended family. Binyamin Ahmedjee approached some local businesses and got a donation to help with our objectives. Mr Limbada also raised several amounts through his contacts in Manchester that helped us open new revenue.
## India
Aaminah welfare made total of £12,027.50 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 have made one donation to help a struggling student pay their fees and support them in their education. We have also made two donations totalling £10,000 to another UK registered charity.
## **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 new 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.
## **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.
2
**AAMINAH WELFARE TRUST Trustees’ annual report for the year ended 31 March 2024**
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.
## **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. We are hoping to continue working with Heal Humanity to help us distribute any funds.
## **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: 24/10/2024 Trustee
3
## **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 year ended 31 March 2024.
## **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: 24/10/2024 M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE
4
## **AAMINAH WELFARE TRUST Statement of financial activities for the year ended 31 March 2024**
|**Notes**
**Restricted**
**Unrestricted**
**income**
**Total**
**funds**
**funds**
**2024**
**£**
**£**
**£**
**Income**
**3**
**Income and endowments from:**
Donations and legacies
15,690
24,599
40,288
**Expenditure**
**4**
**Expenditure on:**
Charitable activities
5,678
27,000
32,678
**Net income/(expenditure) for the year**
10,012
(2,401)
7,611
**Reconciliation of funds**
Total funds brought forward
1,016
27,644
28,660
Net incoming resources for the year
10,012
(2,401)
7,611
Transfer between Funds
(1,528)
1,528
(0)
**Total funds carried forward**
9,500
26,771
36,271|**Total**
**2023**
**£**
23,882
20,583|
|---|---|
||3,300|
||25,360
3,300
0|
||28,660|
5
## **AAMINAH WELFARE TRUST Balance Sheet At 31 March 2024**
|**Notes**
**Restricted**
**Unrestricted**
**income**
**Total**
**funds**
**funds**
**2024**
**£**
**£**
**£**
**Current assets**
Cash at bank and in hand
10,000
26,771
36,771
10,000
26,771
36,771
**Creditors:amounts falling due within one year**
Trade creditors and accruals
**6**
500
-
500
**Net current assets**
9,500
26,771
36,271
**Net assets**
9,500
26,771
36,271
**Funds of the Charity**
**7**
Unrestricted funds
9,500
-
9,500
Restricted income funds
-
26,771
26,771
**Total funds**
9,500
26,771
36,271|**Total**
**2023**
**£**
29,110|
|---|---|
||29,110
450|
||28,660|
||28,660|
||1,016
27,644|
||28,660|
Approved by the Board of Trustees and signed on its behalf by
Binyamin Ayub Ahmedjee Date: 24/10/2024 Trustee
6
**AAMINAH WELFARE TRUST Notes to the Accounts for the year ended 31 March 2024**
## **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.
7
**AAMINAH WELFARE TRUST Notes to the Accounts for the year ended 31 March 2024**
|**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
Other expenses
**Total**
**Total expenditure**
**5**
**Grants made to institutions**
**Name of institutions**
Jamia Islamia Ishaatul Uloom India
Heal Humanity
Student|**Restricted**
**Unrestricted**
**income**
**2024**
**funds**
**funds**
**Total funds**
**£**
**£**
**£**
15,690
24,266
39,956
-
333
333
15,690
24,599
40,288
15,690
24,599
40,288
**Restricted**
**Unrestricted**
**income**
**2024**
**funds**
**funds**
**Total funds**
**£**
**£**
**£**
28
-
28
5,000
27,000
32,000
250
-
250
300
-
300
100
-
100
5,678
27,000
32,678
5,678
27,000
32,678
**Purpose**
Educational and medical projects
Most in need
To help with education cost|**2023**
**Prior year**
**£**
23,826
56|
|---|---|---|
|||23,882|
||||
|||23,882|
|||**2023**
**Prior year**
**£**
28
20,005
250
300
-|
|||20,583|
||||
|||20,583|
|||**£**
12,000
15,000
5,000|
|||32,000|
8
## **AAMINAH WELFARE TRUST Notes to the Accounts for the year ended 31 March 2024**
|**6**
**Creditors**
**2024**
**2023**
Analysis of creditors:
**£**
**£**
Accruals
(500)
(450)
(500)
(450)
**7**
**Analysis of fund assets and liabilities**
**Restricted**
**Unrestricted**
**income**
**Endowment**
**Total**
**funds**
**funds**
**funds**
**2024**
**£**
**£**
**£**
**£**
Current assets
10,000
26,771
-
36,771
Current liabilities
(500)
-
-
(500)
9,500
26,771
-
36,271
**8**
**Details of certain items of expenditure**
**2024**
**2023**
Fees for examination of the accounts
**£**
**£**
Independent examiner’s fees
300
300
**9**
**Transactions with trustees and related parties.**
**10 Employees**
**2024**
**2023**
**Number**
**Number**
Average number of employees
-
-
There were no benefits, expenses or remuneration paid to the Trustees or persons connected to them.|**6**
**Creditors**
**2024**
**2023**
Analysis of creditors:
**£**
**£**
Accruals
(500)
(450)
(500)
(450)
**7**
**Analysis of fund assets and liabilities**
**Restricted**
**Unrestricted**
**income**
**Endowment**
**Total**
**funds**
**funds**
**funds**
**2024**
**£**
**£**
**£**
**£**
Current assets
10,000
26,771
-
36,771
Current liabilities
(500)
-
-
(500)
9,500
26,771
-
36,271
**8**
**Details of certain items of expenditure**
**2024**
**2023**
Fees for examination of the accounts
**£**
**£**
Independent examiner’s fees
300
300
**9**
**Transactions with trustees and related parties.**
**10 Employees**
**2024**
**2023**
**Number**
**Number**
Average number of employees
-
-
There were no benefits, expenses or remuneration paid to the Trustees or persons connected to them.|**2023**
**£**
(450)
(450)
**Restricted**
**income**
**Endowment**
**Total**
**funds**
**funds**
**2024**
**£**
**£**
**£**
26,771
-
36,771
-
-
(500)|
|---|---|---|
||9,500|26,771
-
36,271|
No employee received emoluments of more than £60,000.
9