REGISTERED CHARITY: 1195776 NAQSHBANDIYYA ASLAMIYYA SPIRITUAL WELFARE ORGANISATION REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 10 SEPTEMBER 2021 TO 09 SEPTEMBER 2022 REFERENCE AND ADMINISTRATIVE DETAILS The trustees. present their report with the financial statements of the charity for the period I￿ September 2021 to 09" September 2022 INCORPORATION The CIO Foundation was incorporated on 10 Sep 2021. Re8lstered Charlty Number 1195776 Reglstered Offlce Naq5hbandiyya Aslamiyyah. 78 Pringle Street. Blackburn, BBI ISA Trustees Mr. Riaz Ahmad Aslam Mr. Mohammed Junaid Mr. Majid Khan Mr. Mohammed Razzaq Chalr Trustee Trustee Trustee Independent ExamSner Quba Ac¢ountanLI LTD 14 Mayne Avenve Luton, Bedfordshire, LU4 9LS STRUCTURE. GOVERNANCE AND MANAGEMENT Board of Trnstee5 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 ￿ alleviate poverty and suffering. The Board of Trustees apprai5e5 the Senior Management Team and on make appointments to it as well as dlsmissals. The Board of Trustees also make sure that we satisfy the regulatory requirements on us as a charity and works with key stakÈholder5. Recrultlng and Appolntlng Tru5tee5 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. Siakeholders and partners may nominate trustees and sometimes we will make a personal approad) to potential candidate5. Governlng document Naqshbandivva Aslamivva Spiritual Welfare Organisatiofi refers to the charity incorporated organlsation with a governin8 document known as CIO Foundation by registration ofiw'nally Incorporated on 10 September 2021. Responslbllltle5 of Trustees The annual report and flnanclal statefflents are prepared accordln8 to the relevant law and approved by the Iruslees. The trustees keep adequa¢e accounting records and they show and explain our transactions. The records also dlsclose our financial position wlth reasonable accuracy at any time and enable trustees to ensure that the financial statements comply with Charlty Commi5slon Statement of Recommended Practlce ISORPI 2015. Grant Makln8 Polldes We provSde grants to Pfojects if the request meets our chariiable objectives and criterla. Project grant maklng Is managed accordin8 to a designated piocess, which is documented in our Operational Rlsk-M3nagement Framework. We aSm to treat all grant applications professionally, equally and fairly. We make the final decision as to eligibility to receive a grant. at our discretion. Publlc Benefft We develop strategic plans to make certain that we provide maxlrnum publlc benefit and achieve our slrate8lt oblectives, which f311 under purposes defined by the Charity Act 2006. OBJECTIVES AND STRATEGIC AcfiviTIES FOR THE BENEFIT The objects of the charity are set below: A. To advance the Islamic Faith for the public benefit. in accordance with the Quran & Sunnah, being the way of life prescribed as normative for Muslims on the basis of the teachings and practices of the Holy Prophet Isallallahu Alayhi Wasallaml in the light of Hanafi School of thought and with further consideration to Sufi traditions, belief5 and interpretations of the Naqshbandi Mujadadi Aslami Sufi Order. B. In furtherance of the above objert but not otherwise, the Trustees shall hold prayers, meetings, lecture5, public celebrations of religious festivals, and support organisalions at local, national and International levels which promote hamiony and understanding amongst different communities and faith groups and which help poor and needy Muslims around the world. Achlevements & Perfomiance5 NASWO regularly host5 events to play a part In thinkin8 about and helpin8 Others. Whilst we aim to raise funds tc>wards the Masjid, one of our koy messages 15 that 8ivin8 time is of equal importance to help others in need. NASWO Community fundraisln8 helps youn8 people to take responsiblllty and make declslons to help and support ou¥ Masjid Project. Our anr.ual Naat and Qirat Is an opportunlty for all pupils, staff and parents to come together to raise awareness o.: kji'ilish Values. Thls event contributes to different charities, such as NSPCC. Everyone I¥vL%S the sense of achievement. You are donatln8 your tlme. effort and are tryln8 to make the ditlerence In the community. Flnanclal Review The charity received sum of £258.970 in donation5 from various sources. The charity does not have any reserve poliry. No funds are in deficit at the balance sheet. The funds are in surplus by £172,352 at the balan￿ sheet. Declaratlon The trustees declare that they have approved the trustees report above. signed on behalf of the chariV5 trustees. Slznature Name.. (WO Posltlon: Date: ?41-7* INDEPENDENT EXAMINERS REPORT FOR THE PERIOD 10 SEP 2021 TO 09 SEP 2022 TO THE TRUSTEES I report on the accounts for the period 10 September 2021 to 9 September 2022 set out below. Respective responslbllrties of trustees and examiner The Charity's trustee5 responsible for the preparation of the accounts. The charl￿5 trustees consider that an audit 15 not required for the perlod lunder Section 144121 of the Charities Act 2011 Ithe 2011 Actll and that an Independent examination 15 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 Diredions given by the Charity Commisslon lunder Section 1451Sllbl of the 2011 Attl.. and - To state weather particular matters have come to my altentlon. Basis of the Sndependent examlnerfs report My examinatlon was carried out in accordance wlth the General Dire¢tiOnS 8lven by the Charity Commi5slon. An exarnination Includes a revlew of the accounting records kept by the charity and a comparlson of the accounts presented wlth ihose record5. It also inclvdes conslderation of any unusual Items or disclosures in the accounrs, and seekin8 explanations Irom you as trustees ¢on¢ernirt8 any such matters. The procedures undertaken do not provide all the eviden¢e that would be required in an audlt. and consequently no oplnlon Is Iven as to whether the accounts present a'true and falr Vie￿ and the report Is Ilmlted to those rnatters set out In the statement below. Independent examlners statement In connection with my exafflination. no matter has come to my attention- 111 Whlch glves me reasonable cause to believe that. In any materlal fespect, the requirements have not been met,. or 121 To whlch. In my opinion, attention should be drawn In order to enable a Proper under5tandin8 of the accounts to be reached. Independent Exèminer SiKnature'. Mr Dawood Masood AFA, MIPA Date: 1710312023 Naqshbandiyya AslaM1￿ Splrltual Welfare Organisation Balance Sheet As at 9 September, 2022 Notes 2022 2021 Assets Flxed Assets: Tangible Assets Current Assets: Cash in hand & at bank 38,372 172.352 172.352 Credltors: Amount falling durln8 I year Net Current AssetslLlabllltles Total Assets Less Current Uabllltles CAPITAL AND RESERVES Unrestrlcted funds General fund5 De518nated funds 172,352 210.724 210.724 210,724 For the year endlng 0910912022 the company was entitled to exemption under section 477 of the Companles Aci 2006 relatin8 to small companies. The members have not required the company to obtaln an audit in accordance wlth sectlon 476 of the Companie5 Act 2006. The directors ackrtowled8e their respon5ibi1Stles for complylnB wllh the requlrements of the Act wlth respect to accountin8 record5 and the preparatlon of ac¢ount5. These accounts have been prepared in accordance with the provlslons applicable to companles Subject to the small companies, re8ime. Approved by the Board of Trustees on 0910112023 and signed on thelr behalf by.. 518nature Name.. Posltlon.. Date.. >(a i-E* Naq5hbandiyya Aslamlyya Splrftual Welfare Organisation Statement of Financial Artivities For the Year Ended 9 September, 2022 Unrestrlcted RÈstrlcttd funds fund5 Notes 2022 2021 Intomlng Re50urce5: Incomlng resources from Benerated funds Voluntary Income Activities from generated funds Total In¢omin8 resources Resource5 empended: C05t of generated funds Charitable Activlties Admin cost Governance cost Total resources expended Net Incomlng resources before transfer Net movement of funds: Net Income for the year Total fund5 brought forward Net funds urrled lon¥ard 258,970 258,970 258.970 258,970 37.549 9,697 37,549 9.697 I,0￿) 48,246 48.246 210.724 210,724 210,724 210.724 210.724 210,724 The statement of finan¢lal activitie5 Includes all galns and losses recoBnised in the year. All income and expenditure derlve from continuing activities. The statement of financial activities also complles wlth the requirements for an Income and expenditure account under the Companies Act 2(￿6. The notes on pages 9 to li form part of ihese financial statements. Naqshbandiyya Aslamlyya Splrltual Welfare Organisation Notes to the Accounts For the Year Ended 9 September, 2022 I. ACCOUNTING POLICIES al Basls of Actountln8 The accounts have been prepared undei the histofical cost convention and in accordance wlth the Financial Reporting Standard for Smaller Entities (effective January 20151 and the requirements of the Siatemenl of Recommended Practice, Accounting and Reporting by Charities. bl Incomlnt Resources All incoming resources are Included on the Statement of Financial Activities when the charlty Is le8ally entitled to the Income and the amount Can be quantified with reasonable accuracv. ¢1 Resources Empended Expenditure is accounted for on an accruals basis and has been classified under headin8$ that ag8re8ate all cost related lo the cate80ry. Where costs cannot be directly attributed to particular headin8S, they have beeft allocated to activities on a basis consistent with the use of resources. dl Allo¢atlon & Apportlonment of costs AII costs relate to the 5in8Je activily of the chadtable company and are recognlsed a¢cordln81y. el Fund Accountlni Unrestrleted funds can be used in accordance with the charitable objectives ai the discretion of the trusiees. Restricted funds can only be used for particular restricted purpose5 Wlthin the objects of the charity. Restrlrtions arise when speclfied by the donor or when funds are raised for particular reslrlcted purposes. Designaled funds are funds set aslde by the trustees out of unrestrlcted general fvnd5 for the speclflc future purposes or projects. Naqshbandiyya A51amryya Spiritual Welfare Orzanlsatlon Notes to the Accounts For the Year Ended 9th September, 2022 2. Tan85ble FSxed Assets Buildin8 EqulpmÈnt Total Cost As at 0910912021 As at 0910912022 Depreclatlon At 1410912021 For the year At 1410912022 Net Book Value At 0910912022 At 0910912021 38.372 38,372 38,372 38,372 38,372 38,372 3. Credltors falllng dyrlft8 1 year 2022 2021 Creditor5 8rou8ht tonyard Incomlng resources Outgolng fesources Carrled Fon¥ard 4. Unffjstrlcted fund5 Transfer General funds Designated funds 258,970 48.246 210.724 258.970 48.246 210,724 IncomSng resources Unrestrlrted Restrlcted funds funds 2022 Unrestrlcted Restrlrted funds funds 2021 Voluntary Income Glft Ald 258,970 258,970 258,970 258.970 Grants Activities for generating funds 258,970 258.970 6. Resources Expended 2022 2021 Cost of generatlng funds Charltable Actlvlties Unrestrlrted funds Donation Project Loan 16,41KJ 21.149 37,549 io Naqshbandiyya Aslamiyya Splrftual Welfare Organlsatlon Notes to the Accounts For the Year Ended 9 September, 2022 Admln cost 2022 2021 Office consumables Website Insurance Bank charges Rent & rates Hèat & Light Water 2,350 150 3,387 113 1,250 1,287 1,158 9.696 Governance ¢osi 2022 2021 Accountancy li