2023-03-31-accounts - Eternal Aid

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EternalAid Charity No. 1193004 Annual Report 1445/2024 pMI¢ 11

OEternalAid PROVIDING GLOBAL RELIEF SUPIORTING THOSE IN NEED AND CHARITIES AHOUNO THE WL4LO bWlW.eternalaid.ttl RE615RED CHARITY.. 1193004 ET4GIAND, UK eternala id.com

Introduction

Year of Impact: empowerIng LIves, transformIng communItIes.

Asalamualaikum wa Rahmatullahi wa Barakatuhu,

am humbled to present Eternal Aid’s annual report, a testament to the incredible generosity of our supporters and the unwavering dedication of our team. This year, we witnessed the transformative power of compassion firsthand, impacting the lives of I thousands across the globe.

Eternal Aid was founded by a group of volunteers, moved by the depths of need and driven by the dream of creating lasting change. Today, we stand proud of our journey, having touched countless lives through essential aid, sustainable projects, and life-changing initiatives.

This past 2 years has been one of remarkable achievements:

■1,000 hand pumps built, bringing clean water and improved health to over 50,000 people in deprived communities of India and Bangladesh.
■Food packs delivered to over 1,000 families, ensuring hunger doesn’t steal away their dreams.
■Sponsorships for over 1,000 orphans and 200 widows, offering crucial support and empowering them to build brighter futures.
■240 students nurtured at our Madrasah, receiving quality education and fostering hope for their communities.
■17 wudu khana facilities constructed, facilitating dignified wudu and enhancing the prayerful experience for countless worshippers.
■Support extended to hundreds of scholars (Alim/Imam), strengthening their communities and fostering religious guidance.

These are not just numbers; they represent hope ignited, possibilities unlocked, and lives transformed. Each hand pump, each food pack, each act of support resonates with the spirit of our mission - empowering children, widows, orphans, and scholars to create a better world.

Your contributions, be it a monthly donation or a one-time gift, fuel our mission. By joining the Eternal Aid Family Scheme, you empower us to maintain our projects, respond swiftly to crises, and plan for a future where compassion continues to light the way.

As we turn the page on this year, we do so with renewed energy and gratitude. Together, we have made a difference, building a legacy of kindness and empowerment. Let us continue on this journey, hand in hand, and witness the transformative power of collective action unfold in the years to come.

Jazakum Allahu Khairan,

Zed Ahmed Chairperson, Eternal Aid

07754 899 794 3

Hand Pumps

a LIfeLIne In everY pump: transformIng LIves In IndIa and BangLadesh.

magine children missing school, women toiling for hours, and families burdened by disease - all due to the scarcity of clean water. This was the grim reality for countless Icommunities in deprived areas of India and Bangladesh. But thanks to your incredible initiative, over 1,000 hand pumps now stand tall, bringing hope and transformation to 50,000 lives.

These pumps are more than just metal structures; they represent shattered barriers and ignited dreams. No longer do women face arduous journeys for water, exposing themselves and their families to illness. Instead, they have time to pursue education, income generation, and childcare. Children, free from the burden of water collection, can now chase their dreams in school.

The impact extends far beyond hydration. Clean water means fewer waterborne diseases, healthier families, and lower healthcare costs. It empowers women, fuels education, and creates a ripple effect of positive change within communities. Every pump becomes a symbol of your legacy, a testament to the power of compassion and action in changing the world.

~~This is just a beginning. With each new pump, we con~~ tinue to rewrite the narrative for these communities, replacing scarcity with hope, and illness with opportunity. Together, we are creating a future where clean water is not a luxury, but a fundamental right for all.

1000 50,000 Hand Pumps People receive have been built clean water

£150 for a Hand Pump

4 eternalaid.com

ETERWAID U.K J.042023 110.411 07754 899 794

Food Packs

fILLIng emptY pLates, IgnItIng hope.

unger can cast a long shadow, its grip tightening around families in deprived communities. Empty plates echo with despair, dreams fading with each rumbling Hstomach. This was the harsh reality before your compassion intervened, delivering over 1,000 food packs - a lifeline of nourishment and hope.

These aren't just meals; they're a bridge back to stability. Children, freed from the worry of their next bite, can focus on learning. Parents, with renewed strength, can seek work and build a brighter future. Hunger recedes, replaced by the dignity of a full stomach and the belief that tomorrow holds promise.

Your generosity has touched 1,000 lives, etching your legacy in hope-filled smiles. From empty plates to brimming possibilities, you've transformed communities, proving that together, we can nourish not just bodies, but also dreams.

10,000 Family members have been fed

6 eternalaid.com

EternalAid ' tb AKING LASTING DIFFERENCES Eternal Aid AKINGEfERNAL CHf4NGE Eternaljld 07754 899 794 7

Orphan Sponsors

1,000 orphans, 1,000 chances.

magine a child facing adversity alone, with no parent's hand to hold. This is the harsh reality for many orphans. But through your generosity, this doesn't have to be their Istory. Your £250 annual sponsorship has transformed the lives of over 1,000 orphans, giving them not just essentials like food and education, but something far more profound: hope.

These sponsorships go beyond numbers; they're investments in futures. Each child receives essential needs, but also love, guidance, and emotional support – building a family amidst their loss. The ripple effect is immense: empowered orphans dream of becoming doctors, teachers, leaders, breaking the cycle of poverty.

With every sponsorship, you leave a lasting legacy. You rewrite the narrative of these children, replacing loss with opportunity. Your compassion serves as a powerful reminder that even a single act can ignite a world of change.

500 Orphans have been cared for to date £250[Annual Sponsor]

8 eternalaid.com

Widow Sponsors

from grIef to growth

icture the despair of losing a spouse, followed by the crushing weight of poverty and isolation. This was the reality for over 200 widows in deprived communities. But Pamidst the darkness, a beacon of hope emerged - your support. Every month, your £50 contribution lifted shadows, transformed lives, and empowered 200 women to rise above their struggles.

Your intervention wasn't just about financial aid; it was a springboard for resilience. With access to essential needs and essential resources, widows found the strength to rebuild. They launched small businesses, sending their children to school, and reclaiming their place in their communities.

The impact echoed beyond the individual. Families gained stability, children thrived, and the collective spirit of these communities soared. These empowered women, once shrouded in grief, became pillars of strength, their stories testaments to the transformative power of even a small act of kindness.

Your £50 wasn't just a number; it was an investment in hope, a catalyst for change. You've rewritten the narrative for these widows, replacing despair with dignity and replacing fear with the exhilarating possibility of a brighter future. This is your legacy, a powerful reminder that even a single flame of compassion can ignite a world of difference.

750 Widows have been assisted to date

£50[Monthly Sponsor]

07754 899 794 9

Hifz Sponsors

from povertY to peItY

magine children in poverty, yearning for a path to spiritual fulfillment. This was the reality for over 200 individuals before your generosity intervened. Through your £250 Isponsorship, you've not just alleviated financial burdens, but ignited a journey of faith and personal growth.

These sponsorships are more than just a means to memorize the Quran; they're gateways to opportunity. Your support provides food, shelter, and education, allowing young minds to focus on their spiritual pursuit. This fosters not just devotion but also discipline, perseverance, and leadership skills.

The impact transcends individual lives. Each Hafiz becomes a custodian of the Quran, sharing its wisdom and guidance within their communities. They become role models, teachers, and beacons of hope, inspiring others to follow their spiritual path.

Your contribution represents a lifelong legacy. You've empowered 200 individuals to break free from poverty's grip, embrace their faith, and serve their communities. This is a testament to the transformative power of education, faith, and your unwavering compassion.

200+ Poor Hifz Students were assisted in £250 memorising their Annual Qur'an

Annual Sponsor

10 eternalaid.com

Alim/Imam Sponsors

pILLars of faIth

magine the heart of a community: the imam, the guiding light, the scholar who bridges faith and daily life. But imagine too, the struggle of imams in deprived communities, facing Ifinancial hardship while serving their flocks. This was the reality for 600 ulama before your compassion intervened.

Your monthly sponsorship of £50 isn't just a donation; it's a lifeline. It empowers these imams to focus on their spiritual leadership, free from the burdens of financial worry. They can delve deeper into their studies, guide their communities with greater clarity, and offer solace to those in need.

The impact stretches far beyond individuals. These empowered imams become pillars of their communities, fostering religious education, social cohesion, and spiritual guidance. They mediate conflicts, offer counseling, and advocate for the vulnerable, creating a ripple effect of positive change.

Your contribution leaves a lasting legacy. You've not just supported 400 individuals, but nurtured the very foundation of these communities. Your compassion has fueled their ability to serve, inspire, and guide, proving that even a seemingly small act can have a profound and lasting impact.

+ Ulama Supported 600 £50 Imam Sponsorship(Monthly)

07754 899 794 11

Madrasah

from povertY to possIBILItY

magine 240 bright minds trapped in poverty, yearning for knowledge. Your Madrasah, built with your dedication, grants them hope. Here, not just Islamic studies flourish, but Ifutures. Nutritious meals fuel learning, while teachers nurture critical thinking and values. This isn't just education; it's empowerment. These students break free from poverty's grip, becoming pillars of their communities. Your Madrasah is a testament to compassion's transformative power, shaping lives and brightening generations to come.

240

Poor students

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,r) 07754 899 794 13

Wudhu Khana

17 steps to serenItY: BuILdIng wudu Khanas for praYerfuL JourneYs.

magine bustling mosques where ablutions, a vital step towards prayer, were once an obstacle. Your 17 wudu khana projects changed that, offering clean, accessible spaces Ifor serene pre-prayer rituals. These aren't just structures; they're catalysts for deeper devotion, fostering inclusivity and strengthening communities. You've built more than facilities; you've built gateways to faith, one mindful step at a time.

17 Build a Wudhu Khana for only Wudhu Khana Built £350

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'Aid EternalAid tyNo. I19)4 MAKING fTERNALDIFFERENCE5 ernal Aid rnalaid.com 11

ETERNAL AID

FINANCIAL STATEMENTS

FOR THE YEAR ENDING 31 MARCH 2023

CHARITY NUMBER: 1193004

ABBEY & CO ASSOCIATES 1ST FLOOR ABBEY HOUSE 270-272 LEVER STREET BOLTON BL3 6PD

ETERNAL AID

CONTENTS INFORMATION

FOR THE YEAR ENDING 31 MARCH 2023

Index to Financial Statements

	Page
Legal & Administrative Listing	3
Accountants Report	4
Report of the Trustees	5
Statement of Activities	6
Balance Sheet	7
Notes to the Accounts	8 - 10

ETERNAL AID

CHARITY INFORMATION

FOR THE YEAR ENDING 31 MARCH 2023

Trustees

Zed Ahmed Nadeem Ahmed Riaz Ahmed

Charity Chairman

Zed Ahmed

Charity Secretary

Riaz Ahmed

Registered Office

84 Chapel Ash Wolverhampton WV3 0TY

Bankers

Unity Trust Bank PO Box 7193 Planetary Road Willenhall WV1 9DG

Accountants

Abbey & Co Associates 1st Floor, Abbey House 270-272 Lever Street Bolton BL3 6PD

ETERNAL AID

INDEPENDENT EXAMINERS' REPORT YEAR ENDED 31 MARCH 2023

TO THE TRUSTEES AND MEMBERS OF ETERNAL AID

I have examined the financial statements for the year ended 31 March 2023 as set out on the annexed pages which have been prepared under the historical cost convention and the accounting policies set out below:

Respective responsibilities of the Trustees and Independent Examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. The charity’s gross income did not exceed £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Financial Accountants (IFA).

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for an independent examination; it is my responsibility to:

examine the accounts under section 145 of the Charities Act 2011,
to follow the procedures laid down in the general Directions given by the Charity Commission
(under section 145(5)(b) of the Charities Act 2011, and
to state whether particular matters have come to my attention.

Basis of 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 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 our examination, no matter has come to my attention:

Which gives us reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the Charities Act 2011; and
to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the Charities Act 2011 have not been met; or
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

__________ Honorary Independent Examiner

Faruk Patel FFA FTA Abbey & Co Associates 1st Floor, Abbey House 270-272 Lever Street Bolton BL3 6PD

13th February 2024

ETERNAL AID

FOR THE YEAR ENDING 31 MARCH 2023

STATEMENT OF TRUSTEES RESPONSIBILITIES

Charity Law requires the Trustees to prepare financial statements and statements of assets and liabilities for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period together with its assets and liabilities at the end of the period and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are required to:

(a) Select suitable accounting policies and then apply them consistently
(b) make judgements and estimates that are reasonable and prudent
(c) state whether the policies adopted are in accordance with the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable standards subject to any material departures disclosed and explained in the financial statements
(d) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue its activities

The Trustees are responsible for keeping proper accounting records which 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 applicable Accounting Standards and Statements of Recommended Practice and the regulation made under S44 of the Charity Act 1993 as amended by Charity Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention of fraud or other irregularities.

Approved by the Trustees and signed on their behalf by:

Riaz Ahmed (Charity Secretary)

12th February 2024

ETERNAL AID

STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND EXPENDITURE STATEMENT

FOR THE YEAR ENDING 31 MARCH 2023

INCOME Voluntary Income Donations Building Appeal Government Grants Government Grants (JRS) Investment Income Income from Charities Activities Other Income Lillah/Sadaka & Other Donations Zakat Donations Gift Aid Payments Sponsors Income TOTAL INCOME RESOURCES EXPENDED Cost of Generating Funds Charitable Activities NET INCOMING RESOURCES Fund Balances Brought Forward FUND BALANCES CARRIED FORWARD	Unrestricted Funds £ - - - - - - 117,510 - - 20,273 137,783 - 83,335 54,448 71,873 126,321	Restricted Funds £ - - - - - - 19,310 57,094 - - 76,404 4,124 72,280 - - -	Totals 2023 £ - - - - - - 136,820 57,094 - 20,273 214,187 4,124 155,615 54,448 71,873 126,321	Totals 2022 £ - - - - - - 263,101 22,132 - 8,579
				293,812
				8,579 213,360
				71,873 -
				71,873

Continuing Operations

None of the charities activities were acquired or discontinued during the above financial period.

Total Recognised Gains and Losses

The charity has no gains or losses other than the profit or loss for the above financial period.

ETERNAL AID

BALANCE SHEET AS AT 31 MARCH 2023

£ - 123,411 2,910	£ - 71,873 -	2022 £ - 71,873
126,321	71,873
- - -	- - -
-	-

		71,873 -
		71,873
		- 71,873
		71,873

Approved by the Trustees and signed on their behalf by:

Riaz Ahmed (Charity Secretary)

12th February 2024

ETERNAL AID

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDING 31 MARCH 2023

1. Accounting Policies

(a) Basis of Preparation These financial statements have been prepared under historical cost convention and in accordance with applicable accounting standards. The financial statements have been prepared in accordance with the statement of recommended practice (SORP) and accounting and reporting by charities' published in October 2005.

(b) Fund Accounting General funds are unrestricted funds which are available for the use of discretion of the Trustees in furtherance of the general objectives of the charity and has not been put aside for other purposes.

Restricted Funds are funds which are to be used in accordance with specific restrictions which has been raised by the charity for a specific purpose. The cost of raising and administering such funds are charged against the specific fund.

(c) Investment Income Income from investment and from rental income is included in the SORP in the year in which it is receivable.

(d) Incoming Resources All incoming resources are included in the SORP when the charity is legally entitled to the income and the amount can be can quantified with reasonable accuracy. Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. For legacies, entitlement is the earlier of the charity been notified of and impending distribution of the legacy being received. Donated facilities are included at the value to the charity when this can be quantified and a third party is bearing the cost.

(e) Resources Expended All expenditure is accounted for on an accruals basis and has been classified under the heading that aggregate all costs relating to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on the basis consistent with use of resources.

(f) Tangible Fixed Assets Tangible fixed assets costing more than £ 1000 are capitalised and included at cost including incidental expenses of acquisitions.

ETERNAL AID

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDING 31 MARCH 2023

(g) Depreciation

Depreciation is calculated on all tangible fixed assets on straight line basis at rates calculated on the cost of the asset over the useful economic life of the asset as follows:

Freehold Land & Building 0% Motor Vehicles 20% Fixtures & Equipment 10%

(h) Investment Revaluation

None of the charity's functional fixed assets have been revalued during the year.

2. Cost of Generating Funds

3. Cost of Charitable Activities

Bank Charges Advertising Legal & Professional Fees Office Expenses Food Packs Projects Hand Pump Projects Hifz Sponsorship Costs Orphan Sponsorship Costs Water Projects Widows Support Projects Building Projects Costs Zakat Donations Lillah/Sadaka & Other Donations Other Project Costs	2023 Unrestricted - - - - - 2023 Unrestricted 8,035 - 20,335 28,976 17,378 5,000 3,611 - - - 83,335	2023 Restricted 624 - - 3,500 4,124 2023 Restricted - - - - - - - 57,230 - 15,050 72,280	2022 976 3,422 2,181 2,000
			8,579
			2022 14,560 7,330 33,640 27,222 54,284 20,192 4,000 22,132 - 30,000
			213,360

4. Trustees' - Related Party Transaction

Included in Wages, PAYE & Pension Costs (See Note 2 above), the following payments to the trustees listed below were made for teaching services rendered to the charity.

Zed Ahmed Nadeem Ahmed Riaz Ahmed	2023 - - - -	2022 - - -
		-

ETERNAL AID

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDING 31 MARCH 2023

5. Tangible Fixed Assets

Land & Total Property	Motor Investments Vehicles	Fixtures & Equipment
£ - - - - - -	£ - - - - - -	£ - - -
- -	- -	-
- - - - - -	- - - - - -	- - -
- -	- -	-
- -	- -	-
- -	- -	-
	2023 - - - - 2023 - - - - 2023 -	2022 - - -
		-
		2022 - - -
		-
		2022 -

6. Debtors & Prepayments

7. Creditors: Amounts falling due within one year

8. Creditors: Amounts falling due after one year

ETERNAL AID

FINANCIAL STATEMENTS

FOR THE YEAR ENDING 31 MARCH 2023

CHARITY NUMBER: 1193004

ABBEY & CO ASSOCIATES 1ST FLOOR ABBEY HOUSE 270-272 LEVER STREET BOLTON BL3 6PD

ETERNAL AID

CONTENTS INFORMATION

FOR THE YEAR ENDING 31 MARCH 2023

Index to Financial Statements

	Page
Legal & Administrative Listing	3
Accountants Report	4
Report of the Trustees	5
Statement of Activities	6
Balance Sheet	7
Notes to the Accounts	8 - 10

ETERNAL AID

CHARITY INFORMATION

FOR THE YEAR ENDING 31 MARCH 2023

Trustees

Zed Ahmed Nadeem Ahmed Riaz Ahmed

Charity Chairman

Zed Ahmed

Charity Secretary

Riaz Ahmed

Registered Office

84 Chapel Ash Wolverhampton WV3 0TY

Bankers

Unity Trust Bank PO Box 7193 Planetary Road Willenhall WV1 9DG

Accountants

Abbey & Co Associates 1st Floor, Abbey House 270-272 Lever Street Bolton BL3 6PD

ETERNAL AID

INDEPENDENT EXAMINERS' REPORT YEAR ENDED 31 MARCH 2023

TO THE TRUSTEES AND MEMBERS OF ETERNAL AID

Respective responsibilities of the Trustees and Independent Examiner

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for an independent examination; it is my responsibility to:

examine the accounts under section 145 of the Charities Act 2011,
to follow the procedures laid down in the general Directions given by the Charity Commission
(under section 145(5)(b) of the Charities Act 2011, and
to state whether particular matters have come to my attention.

Basis of 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.

Independent Examiner's Statement

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

Which gives us reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the Charities Act 2011; and
to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the Charities Act 2011 have not been met; or
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

__________ Honorary Independent Examiner

Faruk Patel FFA FTA Abbey & Co Associates 1st Floor, Abbey House 270-272 Lever Street Bolton BL3 6PD

13th February 2024

ETERNAL AID

FOR THE YEAR ENDING 31 MARCH 2023

STATEMENT OF TRUSTEES RESPONSIBILITIES

(a) Select suitable accounting policies and then apply them consistently
(b) make judgements and estimates that are reasonable and prudent
(c) state whether the policies adopted are in accordance with the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable standards subject to any material departures disclosed and explained in the financial statements
(d) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue its activities

Approved by the Trustees and signed on their behalf by:

Riaz Ahmed (Charity Secretary)

12th February 2024

ETERNAL AID

STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND EXPENDITURE STATEMENT

FOR THE YEAR ENDING 31 MARCH 2023

INCOME Voluntary Income Donations Building Appeal Government Grants Government Grants (JRS) Investment Income Income from Charities Activities Other Income Lillah/Sadaka & Other Donations Zakat Donations Gift Aid Payments Sponsors Income TOTAL INCOME RESOURCES EXPENDED Cost of Generating Funds Charitable Activities NET INCOMING RESOURCES Fund Balances Brought Forward FUND BALANCES CARRIED FORWARD	Unrestricted Funds £ - - - - - - 117,510 - - 20,273 137,783 - 83,335 54,448 71,873 126,321	Restricted Funds £ - - - - - - 19,310 57,094 - - 76,404 4,124 72,280 - - -	Totals 2023 £ - - - - - - 136,820 57,094 - 20,273 214,187 4,124 155,615 54,448 71,873 126,321	Totals 2022 £ - - - - - - 263,101 22,132 - 8,579
				293,812
				8,579 213,360
				71,873 -
				71,873

Continuing Operations

None of the charities activities were acquired or discontinued during the above financial period.

Total Recognised Gains and Losses

The charity has no gains or losses other than the profit or loss for the above financial period.

ETERNAL AID

BALANCE SHEET AS AT 31 MARCH 2023

£ - 123,411 2,910	£ - 71,873 -	2022 £ - 71,873
126,321	71,873
- - -	- - -
-	-

		71,873 -
		71,873
		- 71,873
		71,873

Approved by the Trustees and signed on their behalf by:

Riaz Ahmed (Charity Secretary)

12th February 2024

ETERNAL AID

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDING 31 MARCH 2023

1. Accounting Policies

(c) Investment Income Income from investment and from rental income is included in the SORP in the year in which it is receivable.

(f) Tangible Fixed Assets Tangible fixed assets costing more than £ 1000 are capitalised and included at cost including incidental expenses of acquisitions.

ETERNAL AID

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDING 31 MARCH 2023

(g) Depreciation

Depreciation is calculated on all tangible fixed assets on straight line basis at rates calculated on the cost of the asset over the useful economic life of the asset as follows:

Freehold Land & Building 0% Motor Vehicles 20% Fixtures & Equipment 10%

(h) Investment Revaluation

None of the charity's functional fixed assets have been revalued during the year.

2. Cost of Generating Funds

3. Cost of Charitable Activities

Bank Charges Advertising Legal & Professional Fees Office Expenses Food Packs Projects Hand Pump Projects Hifz Sponsorship Costs Orphan Sponsorship Costs Water Projects Widows Support Projects Building Projects Costs Zakat Donations Lillah/Sadaka & Other Donations Other Project Costs	2023 Unrestricted - - - - - 2023 Unrestricted 8,035 - 20,335 28,976 17,378 5,000 3,611 - - - 83,335	2023 Restricted 624 - - 3,500 4,124 2023 Restricted - - - - - - - 57,230 - 15,050 72,280	2022 976 3,422 2,181 2,000
			8,579
			2022 14,560 7,330 33,640 27,222 54,284 20,192 4,000 22,132 - 30,000
			213,360

4. Trustees' - Related Party Transaction

Included in Wages, PAYE & Pension Costs (See Note 2 above), the following payments to the trustees listed below were made for teaching services rendered to the charity.

Zed Ahmed Nadeem Ahmed Riaz Ahmed	2023 - - - -	2022 - - -
		-

ETERNAL AID

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDING 31 MARCH 2023

5. Tangible Fixed Assets

Land & Total Property	Motor Investments Vehicles	Fixtures & Equipment
£ - - - - - -	£ - - - - - -	£ - - -
- -	- -	-
- - - - - -	- - - - - -	- - -
- -	- -	-
- -	- -	-
- -	- -	-
	2023 - - - - 2023 - - - - 2023 -	2022 - - -
		-
		2022 - - -
		-
		2022 -