Trustees’ Annual Report for the period
From Period start date 1st April 2023 To Period end date 31[st] March 2024
Charity name: The Zaman Foundation UK
Charity registration number: 1194645
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To further such charitable purposes (charitable under English law) as the trustees see fit from time to time in particular but not limited to the relief of poverty, hardship, disaster and sickness and the advancement of education for the public benefit by making grants to individuals and to registered, excepted and exempt charities. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
No activity has taken place as the charity is yet to start its work. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Yes, the trustees have regarded the guidance laid out in the public benefit section by Charity Commission |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | TZF UK has a streamlined 100% donation policy to spend charity money on education, healthcare, and humanitarian and disaster relief to serve the underprivleged strata of society. |
| Policy on social investment including program related investment |
Para 1.38 | We strongly believe that investment in social activities will help eradicate poverty, improve literacy and well-being of people as set out in the objectives of the charity |
| Para 1.38 | Till the charity’s bank account is open, no volunteer services arepursued |
Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The Zaman Foundation UK remained inactive during the reporting period. No activity was undertaken. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | N/A |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | N/A |
| Investment performance against objectives |
Para 1.41 | N/A |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | No funds were raised and/or spent during the reporting period |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | No reserves are held |
| Amount of reserves held | Para 1.22 | N/A |
| Reasons for holding zero reserves |
Para 1.22 | As the charity was unable to open a bank account during the reporting period, no funds were raised. Hence, reserves remain nil |
| Details of fund materially in deficit |
Para 1.24 | No funds and no deficit at all as charity did not conduct any activity |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Till the charity’s bank account is opened, we are uncertain about going concern |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Potentially; 1. Fundraising through events 2. Crowdfunding 3. Individual/Corporate donations |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | TZF UK has a streamlined 100% donation policy to spend charity money on education, healthcare, and humanitarian and disaster relief to serve the underprivleged strata of society |
| A description of the principal risks facing the charity |
Para 1.46 | As the charity faced problems opening up a bank account, the principal risk is it shutting down |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Charitable Incorporated Organization (CIO) |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | As per the Constitution Document |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | As per the Constitution Document |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | As per the Constitution Document |
| Relationship with any related parties |
Para 1.51 | TZF UK will raise funds to eradicate poverty, and improve literacy and well being of people through its related charity organization i.e. Zaman Foundation, based in Lahore, Pakistan |
| Other |
Reference and Administrative details
| Charity name | The Zaman Foundation UK |
|---|---|
| Other name the charity uses | TZF UK |
| Registered charitynumber | 1194645 |
| Charity’s principal address | 18 Admiral Square, Chelsea Harbour, London, SW100UU |
Names of the charity trustees who manage the charity
| 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Ambreen Zaman | 18 Admiral Square, Chelsea Harbour, London, SW100UU |
The Zaman Foundation UK | ||
| Dr. Murtaza **Kumail Khawaja ** |
The Zaman Foundation UK | |||
| Adia Wahid | The Zaman Foundation UK | |||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
As the charity has not undertaken any activity, no assets are held. |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
As the charity has not undertaken any activity, no assets are held. |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
Once the charity starts working, arrangements for the custody of assets will be made accordingly. |
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Name of chief executive or names of senior staff members (Optional information) | ||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Ambreen Zaman Murtaza Kumail Khwaja Adia Wahid |
||
Chair |
||
| 25thNovember 2024 | ||
| 25thNovember 2024 |
| The Zaman Foundation UK | The Zaman Foundation UK | The Zaman Foundation UK | No (if any) | No (if any) | No (if any) | CC16a | |
|---|---|---|---|---|---|---|---|
| For the period from |
1st April 2023 | To | 31st March 2024 | ||||
| Section A Receipts and payments | |||||||
| A1 Receipts | Unrestricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
||
| - | - | **# ** | - | ||||
| - | - | - | - | ||||
| - | - | - | - | ||||
| - | - | - | - | ||||
| - | - | - | - | ||||
| - | - | - | - | ||||
| - | - | - | - | ||||
| - | - | - | - | ||||
| Sub total(Gross income for AR) |
- | - | - | - | |||
| - - - - - - - - - - - - - - - - - - - - - - |
- - - - - - - - - - - - - - - - - - - |
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| A2 Asset and investment sales, (see table). |
|||||||
| - | |||||||
| - | - | ||||||
| Sub total | - | - | |||||
| Total receipts A3 Payments |
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| - | |||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| - | - | ||||||
| **Sub total ** | - | - | |||||
| A4 Asset and investment purchases, (see table) |
|||||||
| - | |||||||
| - | |||||||
| **Sub total ** | - | - | |||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||
| - | |||||||
| - | - | - | - | - | |||
| - | - | - | - | - | |||
| - | - | - | - | - | |||
| - | - | - | - | - |
CCXX R1 accounts (SS)
25/11/2024
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details Signature |
Unrestricted funds to nearest £ - - - - OK Unrestricted funds to nearest £ - - - - - - Fund to which asset belongs Fund to which asset belongs Fund to which liability relates |
|---|---|---|
| Ambreen Zaman | ||
CCXX R2 accounts (SS)
25/11/2024
2