**REGISTERED CHARITY: 1194953**
## **Al Quran Complex Welfare Trust**
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 25 JUNE 2021 TO 31 DECEMBER 2021**
REFERENCE AND ADMINISTRATIVE DETAILS
The trustees, present their report with the financial statements of the charity for the period 25[th] June 2021 to 31[st] December 2021.
## **INCORPORATION**
The CIO registration was incorporated on 25 June 2021.
## **Registered Charity Number**
1194953
## **Registered Office**
27 Carr Road, Nelson BB9 7JS
## **Trustees**
Mr Mazhar Hussain Chair Mr Jabbar Haq Trustee Mr Tariq Hussain Trustee
-appointed on 25-06-2021 -appointed on 07-07-2021 -appointed on 25-06-2021
## **Independent Examiner**
Quba Accountancy LTD 14 Mayne Avenue Luton, Bedfordshire, LU4 9LS
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**STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Board of Trustees**
The Board of Trustees sets our future aims and priorities focusing on strategic planning and governance and also evaluates our performance and progress in our work to alleviate poverty and suffering.
The Board of Trustees appraises the Senior Management Team and can make appointments to it as well as dismissals. The Board of Trustees also make sure that we satisfy the regulatory requirements on us as a charity and works with key stakeholders.
## **Recruiting and Appointing Trustees**
All our trustees are volunteer, chosen because they all have the diverse range of skills, knowledge and experience that we need to respond to the challenges of today. Stakeholders and partners may nominate trustees and sometimes we will make a personal approach to potential candidates.
## **Governing document**
Al Quran Complex Welfare Trust refers to the charity incorporated organisation with a governing document known as CIO Foundation originally incorporated on 25 June 2021.
## **Responsibilities of Trustees**
The annual report and financial statements are prepared according to the relevant law and approved by the trustees.
The trustees keep adequate accounting records and they show and explain our transactions. The records also disclose our financial position with reasonable accuracy at any time and enable trustees to ensure that the financial statements comply with Charity Commission Statement of Recommended Practice (SORP) 2015.
## **Grant Making Policies**
We provide grants to projects if the request meets our charitable objectives and criteria. Project grant making is managed according to a designated process, which is documented in our Operational Risk-Management Framework. We aim to treat all grant applications professionally, equally and fairly. We make the final decision as to eligibility to receive a grant, at our discretion.
## **Public Benefit**
We develop strategic plans to make certain that we provide maximum public benefit and achieve our strategic objectives, which fall under purposes defined by the Charity Act 2006.
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## **Objectives and Strategic activities**
The objects of the charity are set below:
TO ADVANCE THE EDUCATION OF PEOPLE IN NEED IN PAKISTAN FOR THE BENEFIT OF THE PUBLIC, BY THE PROVISION OF FINANCIAL AID AND THE PROVISION OF SCHOOLS AND COLLEGES.
The charity’s activities carried out in the year 2021
Due to the intensity of Covid19 in areas of Pakistan, Al Quran Complex Welfare Trust did not carry out any activity in the year 2021.
## **Achievements and Performance**
Due to Covid-19 all activities were minimised.
## **Financial Review**
The charity received sum of **£ 843** in donations from various sources.
The charity does not have any reserve policy.
The funds are in surplus by **£ 841** at the balance sheet.
## **Declaration**
The trustees declare that they have approved the trustees report above.
Signed on behalf of the charity’s trustees.
**Signature Name: Tariq Hussain Position: Trustee Date: 25/05/2022**
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## **INDEPENDENT EXAMINERS REPORT FOR THE PERIOD 25 JUN 2021 TO 31 DEC 2021 TO THE TRUSTEES**
I report on the accounts for the period 25[th] June 2021 to 31[st] December 2021 set out below.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for the period (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:
- Examine the accounts
- Follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
- To state weather particular matters have come to my attention.
## **Basis of the 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 statement below.
## **Independent examiners 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 have not been met;
or
- (2) To which. In my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Independent Examiner**
**Signature** : **Mr Dawood Masood AFA, MIPA Date: 26/05/2022**
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**----- Start of picture text -----**
Charity Name No (if any)
Al Quran Complex Welfare Trust 1194953
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 25-06-2021 31-12-2021
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donation 843 - - 843 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
843 - - 843 -
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 843 - - 843 -
A3 Payments
Bank Charges 2 - - 2 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 2 ] - - 2 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 2 - - 2 -
Net of receipts/(payments) 841 - - 841 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 841 - - 841 -
**----- End of picture text -----**
CCXX R1 accounts (SS)
6/1/2022
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
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
**Details**
Cash in hand & at Bank
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
**Details**
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**841**
**-**
**-**
**-**
**-**
**-**
**841**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Tariq Hussain|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**|
|---|---|---|---|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
25/05/2022|
CCXX R2 accounts (SS)
6/1/2022
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