## **Annual Report**
## **Overview**
Trustees:
1. Zahdah Majid
2. Omar Majid
3. 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:
- Setting up of a website (https://zahdahfoundation.org )
- 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**
**----- Start of picture text -----**
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 - - -
**----- End of picture text -----**
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
**----- Start of picture text -----**
|||
|---|---|
|Signature|Print N|
|Omar Majid|Omar M|
**----- End of picture text -----**
**194351**
## **ounts**
## **CC16a**
03/31/2022
## **Total funds**
## **Last year**
## **to the nearest £**
## **to the nearest £**
**----- Start of picture text -----**
750 -
10 -
300 -
1,000 -
5 -
9 -
- -
- -
2,074 -
**----- End of picture text -----**
**----- Start of picture text -----**
-
- -
- -
2,074 -
261 -
200 -
354 -
251 -
- -
- -
- -
- -
- -
1,066 -
**----- End of picture text -----**
**----- Start of picture text -----**
-
-
- -
1,066 -
1,008 -
- -
- -
**----- End of picture text -----**
## **the period**
**----- Start of picture text -----**
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 -----**
**----- Start of picture text -----**
Current value
Cost (optional)
(optional)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Amount due When due
(optional) (optional)
-
-
**----- End of picture text -----**
lame
Date of
approval
Majid
0112512023