**REGISTERED COMPANY NUMBER: CE026465 (England and Wales) REGISTERED CHARITY NUMBER: 1195538**
## **REPORT OF THE TRUSTEES AND**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2024**
## **FOR**
## **NAZAR FATTIMA MEMORIAL FOUNDATION**
Shareef Chartered Accountants 4 Highlands Court Cranmore Avenue Solihull West Midlands B90 4LE
**NAZAR FATTIMA MEMORIAL FOUNDATION**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
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Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 11
Detailed Statement of Financial Activities 12
**----- End of picture text -----**
**NAZAR FATTIMA MEMORIAL FOUNDATION**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The relief of sickness and the preservation of health, in particular but without limitation, to people residing in Pakistan and who are suffering from poverty or financial hardship through the provision of medical camps, treatment, and equipment, and through providing education or health-related matters to the general public. To relieve poverty in the United Kingdom through the provision of Grants, Items, and Services to individuals in need.
## **Significant activities**
The main activities accounted for the period of the accounts was the 'Langhar Food Service', and 'Clean Water Project' - which were delivered in Pakistan on a free basis for public benefit.
This is to combat food poverty and aims to do so by providing beneficiaries who attend with a meal.
In addition to the above the Foundation is also tackling the issue of dirty water in Pakistan, by providing clean and safe drinking water through Handpumps and Solar Water Wells.
The Foundation also implemented a Cataract Removal Camp in Pakistan during the period - this was delivered on a free basis for public benefit.
Ramadan Meals were also implemented in Bangladesh for the Rohingya refugee community, Palestine, and Pakistan - these meals again were delivered on a free basis for public benefit.
Lastly, the Foundation also delivered Emergency Aid to Palestine following the start of the conflict in October 2023 - through the provision of Food, Water, and other essential items.
## **Public benefit**
The trustees have had regard to the guidance issued by the CC on public benefit, the food service and water projects provided by the Charity during this period falls within public benefit.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
During the year ended 31 March 2023, Nazar Fattima Memorial Foundation has successfully run a 'Langhar Food Service' in Pakistan.
This food service benefits its beneficiaries by enabling them to be provided with a meal, where they may not otherwise have the access to do so.
It is attended by 275 people on a weekly basis.
100 pairs of Eid Clothes provided by the Foundation for Orphans in Pakistan.
The Foundation also implemented 20 Hand pumps and 3 Solar Water Wells across Sindh, Pakistan.
## **FINANCIAL REVIEW**
## **Financial position**
The charity raised a total of £59,347 in donations in the year to 31 March 2024 (2023 : £46,338). Total expenditure in the year totalled £60,392 (2023 : £45,147), giving a deficit of £1,045 (2023 : Surplus £1,391).
Total reserves as at 31 March 2024 were £7,101 (2023 : £8,146).
Page 1
**NAZAR FATTIMA MEMORIAL FOUNDATION**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
## **FINANCIAL REVIEW**
## **Principal funding sources**
The charity's principal source of funds is through fundraising events.
## **Reserves policy**
Nazar Fattima Memorial Foundation provides Aid in various forms. It's beneficiaries are mainly in Pakistan, and funding streams are through fundraising events.
The rationale for our reserve policy, would be specifically for our Langhar Food Service and would mitigate any gaps in funding between future events.
The reserve policy is in place to mitigate any unforeseen circumstances in the form of costs, as well as fluctuations in exchange rate in currency,
The level of reserves is set at £500, as we deem this amount adequate enough should we have any shortfalls in funds. This policy will be reviewed yearly, and on an event by event basis.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Charity constitution**
The Charity is a CIO, registered with Companies House and the Charity Commission.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
CE026465 (England and Wales)
## **Registered Charity number**
1195538
## **Registered office**
56 St Johns Road Slough Berkshire SL2 5EZ
## **Trustees**
Mr Mohammed Zishan Afsar Ms Yasmin Bibi - Afsar Chair Miss Tahmeena Tariq
## **Company Secretary**
Mr Mohammed Zishan Afsar
## **Independent Examiner**
Shareef Chartered Accountants 4 Highlands Court Cranmore Avenue Solihull West Midlands B90 4LE
Page 2
NAZAR FArriMA MEMORIAL Fouf4DATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
REFERENCE AP4D ADMINISTRATIVE DETAIIS
Bankers
C83hplus Bank
Cottots$ Centsr
Cottons Lane
London
SE12
Approved by or&r of the b)Ard of tsustees on 6 Mqy 2025 And Si1 on its haIfbY'.
Ms YasminBibi . Afsar- Tn
Pa8e 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NAZAR FATTIMA MEMORIAL FOUNDATION
Independent examiner's report to the trustees of Nazar Fattima Memorial Foundation ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
## Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Naeem Shareef
Shareef Chartered Accountants 4 Highlands Court Cranmore Avenue Solihull West Midlands B90 4LE
6 May 2025
Page 4
NAZAR FATTIMA MEMORIAL FOUNDATION
## STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
|Unrestricted
Restricted
fund
funds
Notes
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
44,844
14,503
EXPENDITURE ON
Raising funds
4,961
-
Charitable activities
Charitable activities
20,187
34,164
Other
1,080
-
Total
26,228
34,164
NET INCOME/(EXPENDITURE)
18,616
(19,661)
Transfers between funds
6
(22,502)
22,502
Net movement in funds
(3,886)
2,841
RECONCILIATION OF FUNDS
Total funds brought forward
8,146
-
TOTAL FUNDS CARRIED FORWARD
4,260
2,841|2024
Total
funds
£
59,347
4,961
54,351
1,080
60,392
(1,045)
-
(1,045)
8,146
7,101|2023
Total
funds
£
46,338|
|---|---|---|
|||9,576
34,681
690|
|||44,947|
|||1,391
-|
|||1,391
6,755|
|||8,146|
The notes form part of these financial statements
Page 5
NAZAR FAThIMA MEMOR FOUM)ATtON
BALANCE SHEET
31 MARCH 2024
2024
Total
nds
2023
Totsl
Unre5tii¢t&l
fi]nd
R¢strictal
Noles
Cash at bfink
8.836
CREDITORS
Amounts fallin8 within on¢ y¢aT
{43111)
(6}
NET CURRENf ASSETS
2.841
7,101
8.146
TOTAL ASSETS CiJRREr
LIABILrrftES
2WI
y,iui
14.146
NET ASSETS
4260
2WI
7.1111
8.146
Unt¢$tri¢trd fimds
Restricted fimd8
4260
8,146
TOTAL FUNDS
7,101
8.146
The cban"tsble com1lly is entitled to exemption from audit NIer Section 477 of Com}1¢8 Act 2(MXS for the ye
¢n¢kd 31 Match2024.
The m¢mbws have not trquired the ¢ompatw to oEAain an audit of its fitwieial statements for th¢ yw end
)1 Mor¥.h 2024 iii ac4ordall¢e witll Section 476 of the ComF49mes 2(K)6.
tre5 acktK)wied8¢ their re8p)nsibiiities for
cn5ursng that the charitaEle COEnpany keeps a¢¢otin8 recor& that C4)mply with setiOns 386 387 of the
C()mpanies Act 2(X)6 and
preparing fllWiCLal statemetts wtsi¢h giNr a tn¥ and fftir TrTrew of the s¢&t¢ of affairs olthe ¢Ilble ¢omp*ry as at
the end of ra¢h fin8ncial year a1 of its sw)lus or d¢fi¢it for each f]n&ncial year in accord&nce th the
requitements of Sections 394 and 395 a1 whJ'¢h otheThvi8e Comply th¢ reqUiremts of the Con]parn¢s A¢t
2W6 relating to financi81 staternents. so fat As appli¢8ble to the chantsble wmr*ny.
(a)
O))
TSe fit)on¢ial statements have E¢¢n kW8Ted in ac¢x)rd with the PToNisions atq)ILcable to ¢haritsble c1)mnItS
Sub).l to the sllmll ¢ompanJts re8ime.
fillancl sta*m¢nt8 were awv&l ty the Btsard of T[tee5 aDd authonsoj for issue on 6 M&y 2025 hnd wej? sigtxd
on itsIKhIby'.
M5 Yasmitt Bibi- Afw- Tn
The notes fomi IOf thEK fllwJ¢ial ststernents
Page 6
NAZAR FATTIMA MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
## 1. ACCOUNTING POLICIES
## Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The Charity is CIO, registered in England and Wales with Companies House and the Charity Commission.
## Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## Taxation
The charity is exempt from corporation tax on its charitable activities.
## Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## 2. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
||2024|2023|
|---|---|---|
||£|£|
|Independent examiners fees|1,080|690|
continued...
Page 7
NAZAR FATTIMA MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
## 3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## 4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||
|---|---|
|Unrestricted
Restricted
fund
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
37,526
8,812
EXPENDITURE ON
Raising funds
9,576
-
Charitable activities
Charitable activities
2,779
31,902
Other
690
-
Total
13,045
31,902
NET INCOME/(EXPENDITURE)
24,481
(23,090)
Transfers between funds
(23,091)
23,091
Net movement in funds
1,390
1
RECONCILIATION OF FUNDS
Total funds brought forward
6,755
-
TOTAL FUNDS CARRIED FORWARD
8,145
1|Total
funds
£
46,338|
||9,576
34,681
690|
||44,947|
||1,391
-|
||1,391
6,755|
||8,146|
continued...
Page 8
NAZAR FATTIMA MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
## 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
||||2024|2023|
|---|---|---|---|---|
||||£|£|
|Other creditors|||3,040|-|
|Accrued expenses|||1,770|690|
||||4,810|690|
|MOVEMENT IN FUNDS|||||
|||Net|Transfers||
|||movement|between|At|
||At 1.4.23|in funds|funds|31.3.24|
||£|£|£|£|
|Unrestricted funds|||||
|General fund|8,146|18,616|(22,502)|4,260|
|Restricted funds|||||
|Pakistan pumps and floods|-|(22,502)|22,502|-|
|Gaza|-|2,841|-|2,841|
||-|(19,661)|22,502|2,841|
|TOTAL FUNDS|8,146|(1,045)|-|7,101|
|Net movement in funds, included in the above are as follows:|||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
|Unrestricted funds|||||
|General fund||44,844|(26,228)|18,616|
|Restricted funds|||||
|Pakistan pumps and floods||3,635|(26,137)|(22,502)|
|Gaza||10,868|(8,027)|2,841|
|||14,503|(34,164)|(19,661)|
|TOTAL FUNDS||59,347|(60,392)|(1,045)|
## 6. MOVEMENT IN FUNDS
continued...
Page 9
NAZAR FATTIMA MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
## 6. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1.4.22|in funds|funds|31.3.23|
||£|£|£|£|
|Unrestricted funds|||||
|General fund|6,755|24,482|(23,091)|8,146|
|Restricted funds|||||
|Projects|-|(8,661)|8,661|-|
|Pakistan pumps and floods|-|(14,430)|14,430|-|
||-|(23,091)|23,091|-|
|TOTAL FUNDS|6,755|1,391|-|8,146|
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|Unrestricted funds||||
|General fund|37,526|(13,044)|24,482|
|Restricted funds||||
|Projects|3,705|(12,366)|(8,661)|
|Pakistan pumps and floods|5,107|(19,537)|(14,430)|
||8,812|(31,903)|(23,091)|
|TOTAL FUNDS|46,338|(44,947)|1,391|
The main activity of the Charity was to provide Hand Pumps and Solar Water Wells in Pakistan to provide safe clean drinking water.
## Transfers between funds
The transfers between funds represent transfers from unrestricted funds to finance projects, where specific donations received for the project were insufficient to cover total costs.
continued...
Page 10
NAZAR FATTIMA MEMORIAL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
## 7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 11
NAZAR FATTIMA MEMORIAL FOUNDATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
||2024|2023|
|---|---|---|
||£|£|
|INCOME AND ENDOWMENTS|||
|Donations and legacies|||
|Donations|49,597|46,338|
|Gift aid|9,750|-|
||59,347|46,338|
|Total incoming resources|59,347|46,338|
|EXPENDITURE|||
|Raising donations and legacies|||
|Event costs|4,961|9,576|
|Charitable activities|||
|Charitable activities|49,055|34,568|
|Support costs|||
|Management|||
|Insurance|96|-|
|Postage and stationery|211|-|
|Advertising|564|-|
|Legal fees|50|-|
|Travel costs|618|-|
|Computer and website costs|3,636|-|
|Bank charges|121|113|
||5,296|113|
|Governance costs|||
|Independent examiners fees|1,080|690|
|Total resources expended|60,392|44,947|
|Net (expenditure)/income|(1,045)|1,391|
This page does not form part of the statutory financial statements
Page 12