Registered number 13163583 Sayaban Welfare Trust Report and Accounts 31 January 2024 ## **Sayaban Welfare Trust Company Information** ## **Director** Mohmed Patel ## **Secretary** Huzaifah Ismail Patel ## **Accountants** Leicester Commercial Accountants Unit C ( 1st Floor Offices ) 122 Bridge Road Leicester LE5 3QN ## **Bankers** Lloyds Bank Plc ## **Registered office** 59 Chandos Street Leicester LE2 1BU **Registered number** 13163583 1 **Sayaban Welfare Trust Registered number: 13163583 Director's Report** The director presents his report and accounts for the year ended 31 January 2024. ## **Principal activities** The company is a registred charity under registration number 1196536. Its principal activity during the year continued to be 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; 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;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 and 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. ## **Directors** The following persons served as directors during the year: Mohmed Patel Adam Pandor (resigned 8 October 2023) The director of the charitable company is also a trustee for the purpose of charity law. ## **Recruitment and Appointment of Trustees** The Charity is governed by trustees drawn from the local community. This is to ensure that it has the skills and experience required to oversee the management of the charity and its operations. ## **Trustee Induction and Training** All new trustees receive a planned induction programme before taking up their place on the board. This includes an explanation of their roles and responsibilities, an introduction to other trustees,an overview of recent business and an explanation of board format and process. ## **Reserves policy** The trustee aims to ensure that sufficient funds are maintained to enable the company to carry out its activities. ## **Risk management** The trustees have examined the major strategic, business and operational risks which the company faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks. ## **Public Benefit Statement** The trustees have considered the general guidance on public benefit issued by the Charities Commission and have taken due regard of that guidance. The trustees consider that they are satisfied that the charity's activities do provide a public benefit. ## **Results for the year** The charity achieved a surplus of £6,489 (2023: £405) for the year. The detailed results are set out in the attached financial statements. ## **Small company provisions** This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on 31 October 2024 and signed on its behalf. Mohmed Patel Director 2 ## **Sayaban Welfare Trust Accountants' Report** ## **Independent Examiner's Report to the Trustee of Sayaban Welfare Trust** I report on the accounts of Sayaban Welfare Trust for the year ended 31 January 2024 which are set out on pages 4 to 7. ## **Respective responsibilities of trustees and examiner** The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the 2011 Act; to follow the procedures laid down in the General Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters.The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: i) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act, have not been met; or ii) to which, in my opinion, attention should be drawn in order to enable proper understanding of the accounts to be reached. Navsar Sacranie Leicester Commercial Accountants Accountants Unit C ( 1st Floor Offices ) 122 Bridge Road LE5 3QN 31 October 2024 3 ## **Sayaban Welfare Trust Statement of Financial Activities for the year ended 31 January 2024** |**Incoming resources**
Income from charitable activities
**Resources expended**
Direct charitable and administrative expenses
**Net incoming resources for the year**|**2024**
**£**
105,001
(98,512)
6,489|**2023**
**£**
42,771
(42,366)
405| |---|---|---| 4 ## **Sayaban Welfare Trust Registered number:** 13163583 **Balance Sheet as at 31 January 2024** |**Notes**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
3
**Net current assets**
**Net assets**
**Reserves**
Accumulated reserves
**Net funds**|**2024**
**£**
12,408
(901)
11,507
11,507
11,507
11,507|**2023**
**£**
7,498
(2,480)
5,018
5,018
5,018
5,018| |---|---|---| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The member has not required the company to obtain an audit in accordance with section 476 of the Act. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. Mohmed Patel Director Approved by the board on 31 October 2024 5 **Sayaban Welfare Trust Notes to the Accounts for the year ended 31 January 2024** ## **1 Accounting policies** ## _**Funds**_ Funds comprise restricted funds which are available for use for the objectives of the charity. |**2**
**Employees**
Average number of persons employed by the company
**3**
**Creditors: amounts falling due within one year**
Other creditors|**2024**
**Number**
0
**2024**
**£**
901|**2023**
**Number**
0
**2023**
**£**
2,480| |---|---|---| ## **4 Other information** Sayaban Welfare Trust is a private company limited by guarantee and incorporated in England. Its registered office is: 59 Chandos Street Leicester LE2 1BU 6 ## **Sayaban Welfare Trust Detailed income and expenditure account for the year ended 31 January 2024** _This schedule does not form part of the statutory accounts_ |**Income**
Gift Aid
Donations
**Expenditure**
Donations - Bangladesh
Donations - India
Donations-Kashmir
Donations- Mauritius
Donations - Morocco
Donations - Turkey
Grants- Malaysia
Donations- UK
Stationery and printing
Card machine
Advertising and website
Other professional fees
Accountancy fees
Bank and related charges
Software
Other miscellaneous expenses
Telephone
Travelling expenses|**2024**
**£**
2,022
102,979
105,001
-
22,283
-
-
26,698
20,000
3,000
17,107
491
259
2,611
410
1,483
507
772
106
35
2,750
98,512|**2023**
**£**
726
42,045
42,771
500
27,149
1,000
1,709
8,474
-
-
760
140
155
1,014
425
975
65
-
-
-
-
42,366| |---|---|---| 7