|Names and addresses ofadvisers
(Optional|Names and addresses ofadvisers
(Optional|Names and addresses ofadvisers
(Optional|information)|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |T|eofadviser
Name||Address|||||||||||| |Accountant
At-Tariq
Limited|||Suite 121,The Old||Bus Garage, Harborne|||||||Lane,||| ||||Birmingham.|B296SN||||||||||| |Name ofchief executive or names ofsenior|||staff members|(Optional||information)||||||||| ||~
s||~ ~||~||||a|||||| |Description
ofthe charity's trusts||||||||||||||| ||Type of governing
document|Constitution||||||||||||| ||How the charity is constituted|Charitable
Incorporated
Organisation||||||||||||| ||Trustee selection methods|Appointment/|election as per Constitution.|||||||||||| |Additional
governance
issues (Optional
information)||||||||||||||| |You may choose to include||The charit)/s|first financial
reporting||period is a||||19month||period||from|| |additional
information,
where||31/08/2020|to 31/03/2022.|||||||||||| |relevant,
about:||||||||||||||| |~|policies and procedures|The charity|has identiTied
major risks and||||has|adhered to|||the following|||| ||adopted for the induction
and|Charity Commission
guidance to manage|||||them;|||||||| ||training oftrustees;|||||||||||||| |~|the charity's
organisational|i) Managing|conflicts ofinterests,|||||||||||| ||structure
and any wider
network
with which the charity|ii) Safeguarding
vulnerable||beneficiaries,||||||||||| ||works;|iii) Protecting|charities from|abuse for extremist|||||purposes.|||||| |~|relationship
with any related|||||||||||||| ||parties;|||||||||||||| |~|trustees'
consideration
of|||||||||||||| ||major risks and the system|||||||||||||| ||and procedures
to manage|||||||||||||| ||them.|||||||||||||| |||~ ~||||||||||||| |||The charity|was incorporated as a Charitable|||||Incorporated||||Organisation||| |||(CIQ) on the 10/03/2020 and registered|||||with the Charity|||Commission||||on| |||the 31/08/2020.||||||||||||| |Summary
ofthe objects ofthe||||||||||||||| |charity set out in its||The objectives ofthe charity is to advance the|||||||Islamic faith|||in Birmingham||| |governing
document||and the surrounding
areas||for the benefit ofthe public,
in|||||||particular|||but| |||not exclusively,
through
the||holding|of|prayer||meetings,||lectures,|||public|| |||celebration|ofreligious festivals, and carrying|||||out outreach||||work|in the|| |||local communit
.||||||||||||| |||||In the
Trustees'
view,
the
reserves
should
provide
the
charity|with| |---|---|---|---|---|---| |Briefstatement ofthe||||adequate
financial
stability
and the means
for
it to meet
its charitable|| |charity's
policy on reserves||||objectives for the foreseeable future.|| |||||The trustees propose to maintain
the charity's reserves at a level which is|| |||||at least equivalent
to six months
operational
expenditure,
and have done|| |||||so having
regards to its manner ofoperation of likely funding
streams.|| |||||The trustees
review the amount
ofreserves
that are required
to ensure|| |||||that they are adequate
to fulfil the charity's
continuing
obligations|on a| |||||quarterly
basis at their finance meeting.|| |Details ofany funds
in deficit|||materially|N/A|| |Further financial
review details||||(Optional
information)|| |You may choose to
additional
information,||include
where||The charity's
principal sources offunds are through
the generous
donations
made by the general
public.|| |relevant about:
~
the chadity's
principal
sources offunds (including||||The charity has raised total funds to the amount ofF5,282 in the 19
month
period under review.|| ||any fundraising);|||Methods offundraising
utilised by the charity include traditional
direct|| |~|how expenditure
has
supported
the key objectives
ofthe charity;|||banking
(i.e. Standing
Orders, Direct Debits), online fundraising
(i.e.
social media and fundraising
platforms),
community
meeting
collections,
donation
boxes and door-to-door canvassing.|| |~|investment
policy|and||The charity's
fundraising
in the 19month
pediod under review was|| ||objectives
including||any|signiTicantly
impacted
by the COVID-19 pandemic.|| ||ethical investment||policy||| ||adopted.|||The charity has applied for registered
charity status with
HM Revenue|&| |||||Customs
(HMRC), enabling
it to claim tax credits on Gift Aid donations.|| |||||This would be an additional
source offunding
for the charity.|| |||||The first backdated
Gift Aid tax credit claim relating to 19month financial|| |||||period ending
31/03/2022
will be submitted
to HMRC in due course|| |||||The charity operates 2 bank accounts, a current account and a reserves|| |||||account.
The funds
in the reserves bank account are intended
to be|'ring| |||||fenced' to assist in the purchase
ofa community
building.|| |||||Other than community
building
hire 295, printing,
postage &stationery|| |||||259,website development
815,and governance
costs 6600, no other|| |||||expenditure
was incurred
by the charity
in the year under review, as time|| |||||and resources were provided to the charity on an unpaid
voluntary
basis.|| |||||||||"|||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |~|||e||~|~ ~|~||~|~|5|~ ~|| |||||||||Unrestricted|||Restricted||Endowment| ||||||||||funds|||funds|funds| |||||||||to|nearest|5|to nearest 5||lo nearest 5| |Bt Cash|funds|||Cash at bank|||||4,512||||| ||||||Total cash funds||||4,512||||| |||||(ngrns enlsnces with recco&s snd payments|||||||||| ||||||||nccnunt(n»||||||| |||||||||Unrestricted|||Res'tl'tered||Endowment| ||||||||||funlts|||fur&de|funds| |||||||||to|nearest|5|to nearest 5||to nearest 5| |B2Other|monetary assets|||HMRC Gill aid|tsx credits||||||||| |||||||||Fund to which
asset balan
s|||Cost (optional)||Current
value
optional)| |B3Investment||assets|||||||||||| |||||||||Fund to wtllch
asset bslo
s|||Cost (optional)||Current value
(o tional| |B4Assets retained for the|||||||||||||| |charity's|own|use|||||||||||| |||||||||Fund to vd&ych|||amount due||When due| |||||||||liabilit
relates||||(o tionsl|optional| |BSLiabilities|||||||||||||| |Signed by one or two trustees on
behalf ofail the trustees|||||Signature|||||Print|Name||Date of
approval| |||||||||Dr.|Sheikh|Muhammad||Faisal Rane||