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2023-01-31-accounts

Sayaban Welfare Ltd

Income and Expenditure Accounts for the year ended 31[st] January 2023

Charity Assist Accountants Ltd

Certified Public Accountants and Charity Independent Examiners

Unit 27 Batley Enterprise Centre

513 Bradford Road Batley West Yorkshire

WF17 8LL

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Sayaban Welfare Ltd

Income and Expenditure Accounts for the year ended 31[st] January 2023

Contents Page
Basic information 3
Trustees annual report 4-7
Independent examination 8-9
Income and expenditure accounts
10 – 11
Notes to the accounts 12 – 15

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Sayaban Welfare Ltd

Income and Expenditure Accounts for the year ended 31[st] January 2023

Basic information

Address

Sayaban Welfare Ltd 124 City Road

London

EC1V 2NX

Bank

Cashplus Bank Cottons Centre Cottons Lane

London

SE1 2QG

Accountants

Charity Assist Accountants Ltd Unit 27 Batley Enterprise Centre

Batley

WF17 8LL

Company number

13163583

Charity registration number

1196536

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Sayaban Welfare Ltd

Income and Expenditure Accounts for the year ended 31[st] January 2023

Trustees’ annual report (including Directors’ report) for the period

From: 1[st] February 2022 To: 31[st] January 2023 Charity name: Sayaban Welfare Ltd

Charity registration number: 1196536 Company number: 13163583

Objectives and activities

Objectives and activities
SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 (1) The prevention or relief of poverty [or
financial hardship] anywhere in the world
by providing: grants, items and services
to individuals in need and/or charities, or
other organisations working to prevent or
relieve poverty.
(2) The relief and assistance of people in
any part of the world who are the victims
of war or natural disaster, trouble, or
catastrophe in particular by the supply of
medical aid to such persons.
(3) The relief of those in need, by reason of
youth, age, ill-health, disability, financial
hardship or other disadvantage, by
providing grants, items and/or services to
individuals and/or charities.
(4) To advance such other charitable
purposes that are charitable under the
laws of England and Wales as the
trustees see fit, from time to time,
anywhere in the world.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.		 Para 1.17
and 1.19		 The main activities of the charity have been
raising donations and registering as a
charitable company.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The Directors are responsible for
preparing the Directors Annual Report
and the Financial Statements in
accordance with applicable law and
regulations. Company law requires the

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Sayaban Welfare Ltd

Income and Expenditure Accounts for the year ended 31[st] January 2023

directors to prepare financial statements for each financial year. Under that law the Directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). In preparing the financial statements, the directors are required to: • Select suitable accounting policies and then apply them consistently; • Make judgements and estimates that are reasonable and prudent; • Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with Companies Act 2011 and the Statement of Recommended Practice, Accounting and Reporting by Charities (FRS102). The directors 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.

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Sayaban Welfare Ltd

Income and Expenditure Accounts for the year ended 31[st] January 2023

Achievements and performance

Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 The charity managed to raise donations
to fund their charitable objects. The
charity has managed to give grants
towards education assistance, widow
fund, sewing classes, Qurbani, food
packs, medical assistance and water
handpumps projects.

Financial review

Financial review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 The charity is showing a surplus on the
movement in funds.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 It’s the charity does not have a policy in
place yet as it has just started their activities.
The trustees are taking this under
consideration with the growth of the charity.

Structure, governance and management

Description of charity’s
trusts:
Type of governing document:
for example, trust deed,
memorandum and articles of
associationetc		 Para 1.25 Memorandum & Articles incorporated 28th
January 2021
How is the charity
constituted?
for example limited company,
unincorporated association, CIO		 Para 1.25 Charitable company
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 1. A director must be a natural person
aged 16 years or older.
2. No one may be appointed a director
if he or she would be disqualified
from acting under the provisions of
article 39 of the governing document.
3. The minimum number of directors
shall be 3 but (unless otherwise
determined by ordinary resolution)
shall not be subject to any maximum.
4. The first directors shall be those
persons notified to Companies
House as the first directors of the
charity.

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Sayaban Welfare Ltd

Income and Expenditure Accounts for the year ended 31[st] January 2023

  1. A director may not appoint an alternate director or anyone to act on his or her behalf at meetings of the directors.

Reference and administrative details

Charity name Sayaban Welfare Ltd
Other name the charity uses
Registered charity number 1196536
Charity’s principal address Sayaban Welfare
124 City Road
London
EC1V 2NX

Names of the charity trustees who manage the charity

1
2
3		 Trustee name Office (if any) Dates acted if not for whole
year		 Name of person (or body)
entitled to appoint
trustee (ifany)
Adam Pandor
Mohmed Patel
Huzaifah Ismail
Patel

Corporate trustees – names of the directors at the date the report was approved

Director name Pandor Adam Patel Mohmed Patel Huzaifah Ismail

Declarations

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Sayaban Welfare Ltd

Income and Expenditure Accounts for the year ended 31[st] January 2023

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Sayaban Welfare Ltd members of On accounts for the 31[st] of January 2022 Charity no 1196536 period ended (if any) Set out on pages 10 &11

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the period ended 31/01/2023.

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's I have completed my examination. I confirm that no material matters have statement come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

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Sayaban Welfare Ltd

Income and Expenditure Accounts for the year ended 31[st] January 2023

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

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aban Welfare Ltd Income and Ex enditure Accounts for Ihe ear ended 31 Januar Charity Name saya￿n Wdfaro Ltd Charity No 11￿536 Company No 13163583 Annual accounts for the rlod st 2023 Period end date Ptrfod start dat• 0110212022 To 3110112023 Section A Statement of financial activities (including summary income and expenditure account) Unrestricted Restricted ￿dowment funds income funds funds Prior year funds Rec(￿Mended Cate￿ries by aclivity Totsl fund5 Incom& (Note 31 F01 F02 F03 F04 F05 Incom8 and endowments Irom.. D)natrons and legacies (￿ar￿a￿e alliiities 726 42,045 42,771 26,207 oLtt￿ tradng aCt￿rtES InvestrfÈnis | so3 SepArate nEI￿la1 t￿of nccxr Total Expendtura {Notes 6) SQ7 726 42,045 42,771 26,207 Exp8ndllure on: PAising fu￿j5 (￿ar￿a￿e alliiities 2,709 39,592 42,301 20,801 Separate e(tEnse rtem S10 S11 65 42,366 80 20,881 Total S12 2,774 39,592 Net Incon￿/{eXpenditUreI before tax for the reF)orting period Tax payaLle Net incomel(expenditurel after tax before investn￿nt gainsl{losses) rtgaDsllk)ssesl o InvestrfÈnis S13 S14 2,048 2.453 405 5,326 S15 2,048 2.453 405 5,326 S16 Net inconl{expenditurol Extraordinary iterns Transfers be￿een funds Other recognised gainsl(losses}: S17 S18 2,048 2.453 405 5,326 S19 Gain5 and b55es (n r￿aluatI(￿ DI fLx£d assd5 for the charty'5 own use oth￿ gan51lb55E%I Net movement in funds &0 &2 2,048 2,453 405 5,326 Reconu"liation of funds." funds ￿0￿h1 f(Yward Total funds carried fomard &3 4,613 7,066 4,613 5,018 713 4,613 &4 2,048 io

aban Welfare Ltd enditure Accounts for Ihe ear ended 31 Januar Income and Ex st 2023 Iit6X•) Section B Balance sheet Flx•d ass•ts F(6 at• 14 17) Curr•nt •M• D•Lqc II*X• 17 7.490 Iw¢th))) 4613 5nlB 4.613 5018 Funds ofth• Char F•br TOIIIknO• 4613 Adam Pandor Q1107113 OIID712J mtd Patel li

Sayaban Welfare Ltd

Income and Expenditure Accounts for the year ended 31[st] January 2023

Section C Notes to the accounts (cont)

Note 3 Income
Analysis of income Unrestricte
d funds		 Restricted
income
funds		 Endowmen
t funds		 Total funds Prioryear
£ £
Donations
and
legacies:		 Donations and gifts - 42,045 - 42,045 26,207
Gift Aid 726 - - 726 -
Legacies - - - - -
General grants provided by
government/other charities		 - - - - -
Membership subscriptions and
sponsorships which are in substance
donations		 - - - -
Donatedgoods,facilities and services - - - - -
Other - - - -
Total 726 42,045 - 42,771 26,207
TOTAL INCOME 726 42,045 - 42,771 26,207

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Sayaban Welfare Ltd

Income and Expenditure Accounts for the year ended 31[st] January 2023 Note 6 Expenditure


Note 6
Expenditure
Expenditure
Analysis of expenditure Unrestricted
funds
Restricted
income
funds		 Endowmen
t funds		 Total funds Prioryear
£ £
Expenditure on
raising funds:		 Incurred seekingdonations - - - - -
Incurred seeking legacies - - - - -
Incurred seeking grants
Total expenditure on raising funds - - - - -
Expenditure on
charitable
activities		 Accountancy fees 975 - - 975 825
Adminstration cost 70 -
Annual return 125 - - 125 100
Charitable donations - - 1,550
Eid clothing projects - - 100
Equipement expensed - - 200
Governance and adminstration expenses - - 1,123
Grants Al Lanah Trust - - 5,680
Grants Bangladesh - 500 500
Grants India - 27,149 27,149 5,838
Grants Kashmir - 1,000 1,000
Grants Mauritius - 1,709 1,709
Grants Morroco - 8,474 8,474 3,600
Grants Palestine - - 600
Grants UK - 760 760
Independent examination 300 - - 300 250
Stationery and printing 70 70 452
Sumup card machine 155 155
Telephone & Internet - - 10
Website 1,014 - - 1,014 473
Total expenditure on charitable
activities		 2,709 39,592 - 42,301 20,801
Other Bank charges 56 - - 56 80
Justgiving charges 9 - - 9 -
Total other expenditure 65 - - 65 80
TOTAL EXPENDITURE 2,774 39,592 - 42,366 20,881

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Sayaban Welfare Ltd

Income and Expenditure Accounts for the year ended 31[st] January 2023

Note 10 Details of certain types of expenditure Note 10 Details of certain types of expenditure Note 10 Details of certain types of expenditure Note 10 Details of certain types of expenditure Note 10 Details of certain types of expenditure
Note 10.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of
accounts and other services provided by your independent examiner. If
nothing was paid please enter '0' in the appropriate box(es).
Thisyear Lastyear
£ £
Independent examiner’s fees 300 250
Assurance services other than independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services)
paid to the independent examiner

13.2 Grants made to institutions

13.2 Grants made to institutions 13.2 Grants made to institutions 13.2 Grants made to institutions 13.2 Grants made to institutions 13.2 Grants made to institutions
My charity has made grants to particular institutions that are material
in the context of its grantmaking. Details of the institution supported,
purpose of the grant and total paid to each institution is available on
the charity's web site.		 Yes Please provide
details of
charity's URL.
No Provide details
below
Names of institution Purpose Total amount of
grantspaid £
Barkatullah Public Secondary School Education assistance 300
Al-Suffah Educational & Charitable Trust Education assistance 11,000
Lia Relief Trust Toilet project 1,000
Sahayata Education & Welfare Trust Water project 3,500
Sagar Minority Welfare Society School benches, Sadaqah and food distribution 1,100
Darul Uloom Shah Waliulah Education assistance 1,000
Saiyan Aid UK Medical project 750
-
-
-
Total grants to institutions in reporting period 18,650
Other unanalysed grants -
TOTAL GRANTS PAID 18,650

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Income and Expenditure Accounts for the year ended 31[st] January 2023

Sayaban Welfare Ltd

Note 20 Creditors and accruals Note 20 Creditors and accruals Note 20 Creditors and accruals Note 20 Creditors and accruals Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
Amounts falling due
within oneyear		 Amounts falling due
after more than oneyear
Thisyear Lastyear Thisyear Lastyear
£ £ £ £
Accruals forgrantspayable - - - -
Bank loans and overdrafts - - - -
Trade creditors - - - -
Payments received on account for
contracts orperformance-relatedgrants		 - - - -
Accruals and deferred income 2,480 1,080 - -
Taxation and social security - - - -
Other creditors - - - -
Total 2,480 1,080 - -
Note 24 Cash at bank and in hand Note 24 Cash at bank and in hand Note 24 Cash at bank and in hand
Thisyear Lastyear
£ £
Short term cash investments(less than 3 months maturity date) - -
Short term deposits - -
Cash at bank and on hand 7,498 5,693
Other - -
Total 7,498 5,693

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