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2023-03-31-accounts

REGISTERED CHARITY: 1195702 COMPANY NUMBER: CE026586

DAR US SALAMAH

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

01 APRIL 2022 TO 31 MARCH 2023

REFERENCE AND ADMINISTRATIVE DETAILS

The trustees, present their report with the financial statements of the charity for the period 01[st] April 2022 to 31[st] March 2023.

INCORPORATION

The CIO Foundation was incorporated on 03 September 2021.

Registered Charity Number

1195702

Registered Office

1 Beverley Road, Luton LU4 8EU

Trustees

Mr Arfan Shezad Chair Mr Mohammed Junaid Baig Trustee Mr Mohammed Furqan Fiaz Trustee

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

Dar us Salamah refers to the charity incorporated organisation with a governing document known as CIO constitution by foundation originally incorporated on 03 September, 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:

Financial Review

The charity received sum of £3,431 in donations from various sources.

The charity does not have any reserve policy.

No funds are in deficit at the balance sheet.

The funds are in surplus by £10,156 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: Position: Date:

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Charity name Charity name No (if any) No (if any) CC16a
Dar us Salamah 1195702
Receipts and payments accounts
For the
period
from
Period start
date
To Period end
date
31-Mar-23
1-Apr-22
Section A Receipts and payments Section A Receipts and payments 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
£
Donation 3,431 465 - 3,896 14,245
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for
AR)
3,431 465 - 3,896 14,245
A2 Asset and investment
**sales, (see table). **
Sub total - - - - -
Total receipts
A3 Payments
3,431 465 - 3,896 14,245
Charitable Activities - - - - 4,784
Administrative expense 3,286 - - 3,286 -
Governance cost - - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 3,286 - - 3,286 4,784
A4 Asset and investment
purchases, (see table)
- - - - -
- - - - -
Sub total
Total payments
- - - - -
3,286 - - 3,286 4,784
Net of receipts/(payments) 145 465 - 610 9,461
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - 9,461 -
Cash funds this year end 145 465 - 10,071 **9,461 **

5

Section B Statement of assets and liabilities at the end of the period

Categories
Details
Unrestricted
funds
B1 Cash funds
Cash in hand & at Bank
9,691
-
-
Total Cash funds
9,691
(agree balances with receipts and
payments account(s))
Agreement
Error
Details
Unrestricted
funds
To nearest £
B2 Other monetary
assets
-
-
-
-
Details
Funds to
which
assets
belong
B3 Investment assets
Details
Funds to
which
assets
belong
B4 Assets retained for
the charity’s own use
Details
Funds to
which
liability
belong
B5 Liabilities
Signed by one or
two trustees on
behalf of all the
trustees
Signature
Print Name
Categories
Details
Unrestricted
funds
B1 Cash funds
Cash in hand & at Bank
9,691
-
-
Total Cash funds
9,691
(agree balances with receipts and
payments account(s))
Agreement
Error
Details
Unrestricted
funds
To nearest £
B2 Other monetary
assets
-
-
-
-
Details
Funds to
which
assets
belong
B3 Investment assets
Details
Funds to
which
assets
belong
B4 Assets retained for
the charity’s own use
Details
Funds to
which
liability
belong
B5 Liabilities
Signed by one or
two trustees on
behalf of all the
trustees
Signature
Print Name
Details Details Unrestricted
funds
Restricted
funs
Restricted
funs
Endowment
funds
Cash in hand & at Bank 9,691 465 -
- - -
Total Cash funds - - -
9,691 465 -
(agree balances with receipts and
payments account(s))
Details
Agreement
Error
OK OK
Unrestricted
funds
To nearest £
Restricted
funds
To nearest £
Endowment
funds
To nearest £
- - -
- - -
- - -
- - -
Details Funds to
which
assets
belong
Cost
(Optional)
Current value
(Optional)
- -
- -
- -
- -
Details Funds to
which
assets
belong
Cost
(Optional)
Current value
(Optional)
- -
- -
- -
- -
Details Funds to
which
liability
belong
Amount due
(Optional)
When due
(Optional)
-
-
-
-
Signature Print Name Date of approval

6