**REGISTERED CHARITY NUMBER: 1194209**
## **Report of the Trustees and**
**Unaudited Financial Statements For The Year Ended 31/12/2022**
## **for**
## **CHINAR AID UK**
Page 1
**CHINAR AID UK**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/2022**
||Page|
|---|---|
|**Report of the Trustees**|3-4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Balance Sheet**|7|
|**Notes to the Financial Statements**|8 to 10|
|**Detailed Statement of Financial Activities**|11|
Page 2
**CHINAR AID UK**
## **Report of the Trustees FOR THE YEAR ENDED 31/12/2022**
## **Charity Objectives**
The prevention or relief of poverty of the kashmiri people based in united kingdom and pakistan by providing food, medicine, clothing, educational resources and payment of tuition fees and medical bills.
## **ACHIEVEMENT AND PERFORMANCE:**
CHINAR AID UK continues its dedication to serving orphans and widows through orphan sponsorship programme.
Page 3
**CHINAR AID UK**
## **Report of the Trustees FOR THE YEAR ENDED 31/12/2022**
## **Governance, administration and monitoring;**
Monitoring of our work ensuring delivery in line with our charitable objects is carried out through an extensive paper trail for all projects along with monitoring visits carried out by staff to the areas of need. These trips include an assessment of the quality of delivery to our beneficiaries along with an examination of the financial and administration records.
CHINAR AID UK is entrusted by donors to deliver to needy people and we maintain strict controls on expenditure, striving to keep associated costs to a minimum. Although we work to keep our administration costs to a minimum, we also value our commitment to ensuring that we are monitoring, assessing and improving our work with beneficiaries and this does require us to invest in thorough due diligence, staff and appropriate policies and procedures. CHINAR AID UK does not make any deduction to Zakat donations.
## **FINANCIAL REVIEW**
The trustees regularly review the risks to the charity and are actively monitoring the reserves available to the charity. As there are no significant commitments and the work continues only when funds are available, the trustees have decided to maintain a minimal reserve to cover any contingencies. The trustees are satisfied that the all funds received have been applied in a wholly effective manner.
Approved by order of the board of trustees on ……………………. and signed on its behalf by:
Waseem Ahmed - Chair
Waseem (Jun 20, 2023 10:36 GMT+1)
Page 4
## **CHINAR AID UK**
## **Independent Examiner’s Report to the Trustees FOR THE YEAR ENDED 31/12/2022**
I report on the accounts for the year ended 31 December 2022, which are set out on pages 2 to11.
## **Respective responsibilities of trustees and 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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act
- to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act
- 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 present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
## **R.R.ACCOUNTANTS**
## **21/06/2023**
Date: .............................................
Page 5
**CHINAR AID UK**
## **PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31/12/2022**
|||31.12.2022|31.12.2021|
|---|---|---|---|
|||Unrestricted|Unrestricted|
||Notes|Fund|Fund|
|**INCOMING RESOURCES**||£|£|
|**Incoming resources from generated funds**||||
|Voluntary income||24,509|2,291|
|Other Income||0|0|
|**RESOURCES EXPENDED**||||
|**Charitable activities**||||
|Default||12,780|719|
|**NET INCOMING/(OUTGOING)**||||
|**RESOURCES**||11,729|1,572|
|**RECONCILIATION OF FUNDS**||||
|**TOTAL FUNDS CARRIED FORWARD**||11,729|1,572|
Page 6
**CHINAR AID UK**
## **BALANCE SHEET FOR THE YEAR ENDED 31/12/2022**
|||31.12.2022|31.12.2021|
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||Fund|Fund|
|**FIXED ASSETS**|Notes|£|£|
|Tangible assets|4|0|0|
|**CURRENT ASSETS**||||
|Cash at bank and in hand||13,950|2,222|
|||13,950|2,222|
|**CREDITORS**||||
|Amounts falling due within one year|5|0|(650)|
|**NET CURRENT ASSETS/ (LIABILITIES)**||13,950|1,572|
|**TOTAL ASSETS LESS CURRENT**||||
|**LIABILITIES**||**13,950**|**1,572**|
|**FUNDS**||||
|Unrestricted funds|6|13,950|1,572|
|**TOTAL FUNDS**||**13,950**|**1,572**|
The financial statements were approved by the Board of Trustees on ……………….. and were signed on its behalf by:
## Raja khan
Waseem (Jun 20, 2023 10:36 GMT+1) Waseem Ahmed -Chair Raja Zia Khan -Trustee
## Syed asad ali jaffari
Syed Asad Ali Jaffari -Trustee
Page 7
## **CHINAR AID UK**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/2022**
## **1 ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings
- 20% on cost
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Page 8
**CHINAR AID UK**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31/12/2022**
|**2 TRUSTEES' REMUNERATION AND BENEFITS**
Trustees' salaries
**Trustees' expenses**
There were no trustees' expenses paid for the Period Ended 31 March 2020.
**3 STAFF COSTS**
Wages and salaries
The average monthly number of employees during the year was as follows:
Ministers|2022
£
0
0
2022
£
0
0
2022
£
0|2021
£
0|
|---|---|---|
|||0|
|||2021
£
0|
|||0|
|||2021
£|
|||0|
No employees received emoluments in excess of £60,000.
Page 9
**CHINAR AID UK**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31/12/2022**
|**5 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2022
£
Other creditors
0
0
**6 MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
**MOVEMENT IN FUNDS CURRENT YEAR**
Net
movement
b/fwd
in funds
£
£
**Unrestricted funds**
General fund
2,222
11,729
**TOTAL FUNDS**
2,222
11,729
Net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
**Unrestricted funds**
General fund
24,509
(12,780)
24,509
(12,780)|2021
£
0|
|---|---|
||0|
||Net movement
in funds
2022
£
13,950|
||13,950|
||2022
£
13,950|
||13,950|
||Movement
in funds
11,729|
||11,729|
Page 10
**CHINAR AID UK**
## **PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31/12/2022**
|2022
£
**INCOMING RESOURCES**
**Voluntary income**
Donations
24,509
24,509
Other Income
0
**Total incoming resources**
24,509
**RESOURCES EXPENDED**
**Charitable activities**
Telephone
-
Donations Paid
9,024
Fund Raising
3,559
Travel
-
IT-Expenses
115
Advertising
-
Legal Fees
-
Printing and Stationery
-
Accountancy fees
-
Bank charges
83
Repairs
-
12,780
**Total resources expended**
12,780
**Net (expenditure)/income**
11,729
**Signature:**
**Email:**
**Signature:**
**Email:**
syed asad ali jaffari (Jun 20, 2023 10:42 GMT+1)
syed asad ali jaffari
sjaffari313@gmail.com
Raja Khan (Jun 20, 2023 14:51 GMT+1)
rajazia2010@yahoo.com|2022
£
24,509
24,509
0
24,509
-
9,024
3,559
-
115
-
-
-
-
83
-
12,780
12,780
11,729|2021
£
2,291
2,291
0
2,291
-
-
-
-
-
-
-
-
650
69
-
719
719
1,572|
|---|---|---|
||||
Page 11