Charity Registration No. 1195294 ARITY RGANISATION Trustees Reports and Financial Statements For the year ended 31sf March 2024 TAHIR ACCOUNTANTS EPCA Office N l Thorpe Close London WIO 5XL
Accountants. report To: Trusteeslmanagement Committee for Makaado Charity Organisation In accordance with instructions given to us we have prepared your accounts for the year ended March 31 st 2024 on Receipt and Payment basis and an independent examination is not required as The Charily's gross income is less than £25000 for the relevant aGcounting period. ts are prepared from the records and information and explanations supplied Thea to drisKTahir Licensed Accountant 2410112025
.AISAADO gami¥aflon Makaado Charity Organisation TRUSTEE. REPORT FOR THE PERIOD From 0110412023 to 3110312024 Introduction Established on July 26. 2021, as a Charitable Incorw)rated Organisation (CIO), our organisation is committed to alleviating hunger and poverty both loeally and globally. Our mission is to empower Éndividuals by promoting sustainable income generation and providing the skills needed to achieve self-sufficiency. In tliis year's trustees, r¢por¢ we are pleased to announce the signing of a Memorandum of Understanding with a charity registered under the Federal Democratic Republic of Ethiopia's Authority for Civil Society Orgat]isations on February 9, 2024. AddiLionally. we launched a fundraising campaign for Iftar during the Month of Rarnadan in 2024, which commenced on Marcl) 20th. The campaign was successflllly concluded, with funds collected and distributed to those in need in Addis Ababa. The details of this initiative will be included in our financial report for th¢ fiscal year ending Mawh 31, 2025. Objects of the Charity: The prevention or relief of poverty or flnancial hardships sp¢¢ifically but not limited to the neighbouring countries of Eritrea and throughout England and Wales by providing grants, ilems and services to indivlduals in need and lor other charities and organisations, sponsoring of orphans and assistiiig in the provision of eduLation, training, healihcare projects and all the necessary support design¢d to enable the w>or, needy and refiig¢e Qomniunities and individuals to subsist and generate a sustainable income to become self-sufficieDt. The provision of facilities for recreation or other leisure time occupation with the object of improving the coi)ditions of life of those persons who have need of such facilities by reason of their youth. age. infinllity or disablemen¢ financial hardshipy or social and econon)ic circiimstances. Statement of Trustees Responsibiliti
The gov¢rning document requires the Trustees to prepare financial statements for ¢ach financial year. which give a true and fair view of the state of affairs of the charity and of the financial trends of the charity for that period. In preparing the financial statements, the Trustees are required to.. 1 Select suitable accounting policies atld th¢n apply them consistently. 2 Make judgements and estimates that are reasonable and prudent. 3 State whether the policies adopted are in accordance with the Charity commission Act 1985 moreover, with applicable accounting standards. subject io any material departures and explain¢d in the financial statements. 4 Prep<ire the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The Truste¢s are responsible for keepiiig proper accounting records, which disclose with reasonable accuracy at any time of the financial position of the charity. Also, to enable them to ensur¢. that the financial statcments comply with the "Statement of Recommended Prnctice (SORP)" The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Risk Management The TrStee$ have looked at the major risks to which the charity may be exposed, and the action rquired to mitigate those risks. Procedures ar¢ in place to keep areas of risk under rcvicw and identify future risk areas. These procedures are in tum reviewed on a regular basis by the trustees. The trustee has seen the need of setting up of an effective and professional financial and thinistrative system in plac¢ to enable the Charity to obtain the r¢quired fund to n]eet the objectives. Registered Address Flat 44, Perronet House Princess Street SEI 6SL Legal and Administrative details: l. Omydr Idris 2. Ahmedsaad Mohanjed 3. Abdalla Jabir Chair & Trustee Trustee Trustee B8nker: Lloyds Bank. Business Debit Andover BXI ILT VICTORIA (309950) Branch Sort Code.. 30-99-50 AccouTht: 42042268 r4
Accountant details Idris Tahir (Accountants & AudÈtors) Tel:07931318136 Email: tahira¢cOunLcXL7ooUlell1aI1.¢oIll Statement of Public Benefit The trustees confinn that they have complied with the requirements of section 17 of the Charities Act 2011 to havc due reLyard to tli¢ public benefit guidanc¢ published by the Charity Commission for England and Wales. Trustee Induction and Training The Trustees has been obtained a professional advice all stages to comply with Charity Commission rules and regulations by chArity lawyer and received training on trustee legal duties. Approved by Chaimwl. Omar Idris 2010112024
Page 1 of2 CHARITY COMMISSION FOR ENGLAND ANO WALES Receipts and payments accounts CC16a For the perood from To 011Ct412023 3110312024 Section A Receipts and paymertts Unrestricted fund¥ to lh• rrt Restricted funds Endowment funds Totsl funds Last year tothe ngarnst £ trj the ne8r0St £ to thtr noorgst £ ttsthe npare$t£ Al Rtteelpts General Donations Ramadan Iftar Si am Mèdia Income 1.7LX) 380 192 192. Sub tot81 (Gross income for AR) 1,892 A2 Asset and investment Sales, (see lablel. Sub total Total recelpts 1,892 380 2,272 A3Pa ment$ LEGAL FEES ADMIN ExpeMSES 414 130 .130 Sub total S44 44 A4 Asset and Investment purcha8e$, (see table Sub total Total payments Net of receipt(paYMents) AS Transfers between fund¥ A6 Cash funds last yèar end Cash funds this year end 1,348 380 1,728 19101r2025 CCXX R1 a¢wunts ISSI
Pa982of2 Section B Statement of assets and liabilities at the end of the period Unrestrlcted fufids to noarest È Restrlcted funds to ne&rvst£ Endowment funds to n9•rgSt£ Catsgorips Details 81 Cash funds BANK ACCOUNTS-LLOYDS BANKACCOLINTS-CPLUS 10 CASH IN HAND Totsl cash funds {4ree ba18TKe8With receiptèAnd PT$ Unrestri¢t¢d funds to nearetst£ Restrlct¢d funds to 0oafgst£ Endowment funds to nearest £ D&tail$ -"z#•8 Furtd to whlch as8Ot belon Curr8ntv8luo tional DeÉalls Co8t loptionall Fund to whl¢h a858t ofrlo Curront value D•)1$ Cost Iopflongl B4 Assets retained for the charlty's own use Futtd to whlch rtrlai8S Amouni dug ional Whèn due onal Details Accountancy fees B5 Llabilities Signed by one Dr tr0 Irustsgs on beharf of all the tru$te88 Date of rDva1 Signature Print Name OMAR IDRIS 2010112025 CHAIRMAN CCXX R2 accounts ISSI 1910112025