2023-02-23-accounts - Everlasting Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

Period start date Period end date 24 February 2022 23 February 2023

From

Section A Reference and administration details

Charity name Everlasting Foundation Other names charity is known by Registered charity number (if any) 1195104 Charity's principal address 1 Charnock Drive Bolton Postcode BL1 2HT

Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Akeel Mohammed Khan Chair
2 Mohamed Hanif Umerji Trustee
3 Reshma Bano Khan Trustee
4 Ashfak Juma Trustee
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
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March 2012

TAR

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)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Constitution

(eg. trust deed, constitution)

How the charity is constituted

Association

(eg. trust, association, company)

Trustee selection methods

First Trustees

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The prevention or relief of poverty across the world, by providing grants, items, services to individuals in need /or charities or other organisations working to relieve poverty

March 2012

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The object(s) of the CIO is the prevention or relief of poverty across world by providing grants, items and services to individuals in need/or charities or other organisations working to prevent or relieve poverty.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

March 2012

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Section D Achievements and performance

This financial year is the first year of the organisation. The charity Summary of the main managed to raise donations which has helped them towards their achievements of the charity charitable objects. The charity has managed to send grants to India and during the year Malawi.

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Section E Financial review

The beneficiaries of the charity are the poor and needy, currently we Brief statement of the are in the process of building our reserves to have the ability to charity’s policy on reserves operate 6 months without any fund’s incoming giving us the capacity to implement new strategy to cover any shortfall in income and to take account of potential risks and contingencies that may arise from time to time.

Therefore, in order to demonstrate transparency, accountability and sound financial management Everlasting Foundation (UK) will develop this policy further as it operates making sure it meets the necessary requirements.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Akeel Mohammed Khan Position (eg Secretary, Chair Chair, etc) Date 03-01.2024

March 2012

TAR

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Charity Name No (if any)
Everlasting Foundation 1195104
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 24-Feb-22 23-Feb-23
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
Donations 17,186 - - 17,186 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
17,186 - - 17,186 -
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 17,186 - - 17,186 -
A3 Payments
Charitable Activties 16,135 - - 16,135 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 16,135 ] - - 16,135 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 16,135 - - 16,135 -
Net of receipts/(payments) 1,051 - - 1,051 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 1,051 - - 1,051 -
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CCXX R1 accounts (SS)

03/01/2024

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 Details Cash at Bank Details Details *Total cash funds* (agree balances with receipts and payments account(s)) Details	Unrestricted funds Restricted funds to nearest £ to nearest £ 1,051 - - - - - 1,051 - 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 Akeel Mohammed Khan	Endowment funds to nearest £ - - -
			-
			OK
			Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 03.01.2024

CCXX R2 accounts (SS)

03/01/2024