Annual Report
Overview
Trustees:
-
Zahdah Majid
-
Omar Majid
-
Othman Shoukat Majid
Charity number: 1194351
Charitable Objectives
The prevention or relief of poverty for the public benefit in the UK by providing items, services and grants to individuals in need and, or the provision of grants to educational institutions which are conducting research into poverty and supporting research into factors that contribute to poverty and the most appropriate ways to mitigate these.
The promotion of religious and racial harmony for the public benefit by: promoting knowledge and mutual understanding between different religious and racial groups ; advancing education and raising awareness about different religious and racial groups to promote good relations between persons of different religious and racial groups through grant funding research; and working towards the elimination of discrimination on the grounds of religious belief and race.
Introduction
The Charity was set up in May 2021 and therefore is only recently registered. Subsequently there was not a lot of activity during the first year of operation. We achieved the following:
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Setting up of a website (https://zahdahfoundation.org )
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Disbursement of a small amount of funds to a liberal arts college based in Cambridge
Risk Management
All appropriate policies are in place, including a Grant Making Policy, a Conflict of Interest Policy and safeguarding policies
Challenges going forward
2021/22 was a challenging macroeconomic environment, with the economy – and society at large - still in the grip of the covid pandemic. Also, the Charity was not incorporated in time to prepare for a proper fundraising effort ahead of Ramadan 2021 – Ramadan is prime fundraising month for charities.
Financial Overview
Costs
The primary cost was the setting up of a website, which was completed in mid-2021.
Income
A small amount of income was raised from friends and family, all of whom are based in the UK.
Steps going forward
We will look to promote the website via various channels; friends and families of the trustees as well as using our website to find further donations.
We will seek to embed our relationship with existing charities. We have already identified some projects which we will want to fund – subject to them meeting our grant making policy requirements.
We are a small charity and we do face challenges. This includes growing the charity in a sustainable way. Another challenge is the general negative economic outlook in the UK which could hinder our fundraising efforts.
Structure and Governance
There will be no changes in the foreseeable future. The charity is nascent and small. However, when this changes and activity increases, we have plans to increase the size of the organisation (in terms of volunteers).
The Lady Zahdah Foundation
1
Receipts and payments acco
05/06/2021
For the period from
To
Section A Receipts and payments
Unrestricted Restricted Endowment funds funds funds
to the nearest £
to the nearest £
to the nearest £
A1 Receipts
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Donation 750 - -
10 - -
300 - -
1,000 - -
5 - -
9 - -
- - -
- - -
2,074 - -
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - -
- - -
Sub total [ - ] - -
Total receipts 2,074 - -
A3 Payments
Website desginer/hosting 261 - -
Website desginer 200 - -
Website desginer 354 - -
CMC Donation 251 - -
- - -
- - -
- - -
- - -
- - -
Sub total 1,066 - -
A4 Asset and investment
purchases, (see table)
- - -
- - -
Sub total - - -
Total payments 1,066 - -
Net of receipts/(payments) 1,008 - -
A5 Transfers between funds - - -
A6 Cash funds last year end - - -
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Cash funds this year en
Section B Statement of assets and liabilities at the end of
Categories B1 Cash funds
B2 Other monetary assets
Unrestricted Details funds to nearest £ Cash in Bank 1,008 - - Total cash funds 1,008 (agree balances with receipts and payments account(s)) OK Unrestricted funds Details to nearest £ - - - - - -
B3 Investment assets B4 Assets retained for the charity’s own use
Fund to which asset belongs
Details
Fund to which Details asset belongs Fund to which Details liability relates
B5 Liabilities
Signed by one or two trustees on behalf of all the trustees
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|||
|---|---|
|Signature|Print N|
|Omar Majid|Omar M|
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194351
ounts
CC16a
03/31/2022
Total funds
Last year
to the nearest £
to the nearest £
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750 -
10 -
300 -
1,000 -
5 -
9 -
- -
- -
2,074 -
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----- Start of picture text -----
-
- -
- -
2,074 -
261 -
200 -
354 -
251 -
- -
- -
- -
- -
- -
1,066 -
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----- Start of picture text -----
-
-
- -
1,066 -
1,008 -
- -
- -
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the period
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Restricted Endowment
funds funds
to nearest £ to nearest £
- -
- -
- -
- -
OK OK
Restricted Endowment
funds funds
to nearest £ to nearest £
- -
- -
- -
- -
- -
- -
Current value
Cost (optional)
(optional)
- -
- -
- -
- -
- -
----- End of picture text -----
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Current value
Cost (optional)
(optional)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Amount due When due
(optional) (optional)
-
-
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lame Date of approval Majid 0112512023