URM Charity
CHARITY NO. 1196540
Financial Statement For the Year Ended 31st March 2025
TWM Associates First Floor County Motors Alderney Street Newport NP20 5NH
URM Charity Charity Information
Trustee Shafqut Khan Mohammed Atiq Mahmood Tafser Naqi Saeed
Chairman Shafqut Khan Charity Number 1196540 Charity Office URM Charity 5 Corporation Road Newport NP19 0AJ Examiner T-W-M Associates Ltd First Floor County Motors, Alderney Street Newport NP20 5NH
URM Charity
For the Year Ended 31st Marh 2025
Contents
Trustee Report
Examiners Report
Statement Of Financial Activities
Balance Sheet
Notes
URM Charity Report Of The Trustees
For The Year Ended 31st March 2025
The Trustees present its report with the financial statement of the charity for the year ended 31st March 2025.
Address
URM Charity, 5 Corporation Road Newport NP20 0AJ
Principal Activities
Providing help and financial support to eradicate poverty across the world. Also help in constructing places of worship,setting up food banks locally and provide access to water for those who requires.
Future Development
The Charity continues to promote it main objectives in the coming years.
URM Charity Report Of the Trustees For the Year Ended 31st March 2025
Statement Of Trustee Responsibilities
The Trustees are required under section 41 of the Charities Act 1993 set out the requirement for record keeping. Section 41 (1) to 41 (3) are relevant
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1) The Charity trustee of a charity shall ensure that accounting records are kept in respect of the charity which are sufficient to show and explain the charity's transaction, and which are such as to
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a) Disclose at any time with reasonable accuracy, the financial position of the charity
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b) Enable the trustee to ensure that, where any statements of account are prepared by them under section 42 (1) below, those statement of account comply with the requirements of regulations under that provision.
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2) The accounting records shall in particular contain
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a) Entries showing from day to day all sums of money received and expended by the charity, and the matters in respect of which the receipt and expenditure takes place and
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b) A record of the assets and liabilities of the charity
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3) The Charity trustees of a charity shall preserve any accounting records made for the purpose of this section in respect of the charity for at least 6 years from the end of the financial year if the charity in which they are made.
Approved by the trustee & signed on their behalf by:
Date
………………………………
Independent Examiner's Report To The Trustees Of URM Charity
For the Year Ended 31st March 2025
I report on the financial statement which are set out on pages 6 to 11
Respective Responsibilities Of The Trustees And Examiner
As the charity's trustees you are responsible for the preparation of the accounts. The charity's trustees consider an audit is not required for this year (under s43 (3) of the Charities Act 1993 ( The Act).
It is my responsibility to
Examine the accounts (under s43 (3) (a) of the 1993 Act)
Follow the procedures laid down in the General Directions given by the Charity Commissioners under section 43 (7) (b) of the Act, and > to state whether particular matters have some to my attention
Basis Of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 explanation 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 I do not express an audit opinion on the view given by the account
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
1) Which givens me reasonable cause to believe that in any material respect the requirements, to keep accounting records in accordance with the section 41 if the Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act.
Have not been met; or
- 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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URM Charity
Report Of the Financial Activities For The Year Ended 31st March 2025
| Notes | Un rest'd | |||
|---|---|---|---|---|
| Funds | ||||
| £ | ||||
| 2025 | ||||
| Incoming Sources | ||||
| Incoming resources from donors | 2 | 180,157 | ||
| Income- charitable & ancillary | ||||
| Total Resources Used | 6 | 195,265 | ||
| Net Movements In Funds | (15,108) | - |
| URM Charity | ||||
|---|---|---|---|---|
| Balance Sheet | ||||
| As At 31st March | 2025 | |||
| 2025 | ||||
| Fixed Assets | ||||
| - | ||||
| Current Assets | ||||
| Bank and Cash | 6,440 | |||
| 6,440 | ||||
| Liabailties | ||||
| - | ||||
| - | ||||
| Net Assets | 6,440 | |||
| Financed By | ||||
| Trustee Funds | 21,548 | |||
| Movement in fund | (15,108) | |||
| Total Funds | 6,440 | |||
| Approved by the trustees & signed on their behalf by: | ||||
| ------------------------------------------------ | Dated |
URM Charity Notes To The Financial Statement
For The Year Ended 31st March 2025
1. Accounting Polices
The financial statements are prepared under the historical cost convention and include the result of the charity's operation which are described in the Trustees' Report and all of which are continuing.
The accounts have been prepared in accordance with the Statement of Recommended Practice charity accounts.
The charity has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cashflow statement on the grounds that it qualifies as a small charity.
Turnover
Income resources are recognised in the Statement of Financial Activities when the charity has legal entitlement to the resources and receipt is certain and the amount is measurable Incoming resources received in advance of such entitlement are deferred on the balance sheet.
Depreciation and Diminution In Value Of Assets.
Tangible fixed assets are stated at cost less depreciation
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets less their estimates residual value, over their expected useful lives on the following bases:
Fixture & Fittings 20% reducing balance basis Improvement 20% reducing balance basis
Deferred Taxation
The Association is a registered charity under the Charities Act 1993 and is accordingly exempt from taxation its charitable activities.
URM Charity Notes To The Financial Statements
For The Year Ended 31st March 2025
| 2 Turnover | 2025 |
|---|---|
| Income Resources From Donors | |
| Donations | 142,611.00 |
| ZAKAT | 26,053.00 |
| Sadaqa | 10,901.00 |
| Fitrana | 592.00 |
| Total | 180,157.00 |
| Charity Paid out | |
| Chairty paid | 12,442.00 |
| Charity paid to Syria | 15,569.00 |
| Charity paid to Pakistan | 72,639.00 |
| Gaza | 8,679.00 |
| Gaza food | 85,204.00 |
| 194,533.00 |
URM Charity Notes To The Financial Statement For The Year Ended 31st March 2025
| Resource Used Charity paid out 3 Transport Bank charges Repair Cleaning & Refuse Advertising Insurance Equipment Hire Room Hire Licence Fee Postage & Stationary Legal & Professional Service Charge Web Maint Travel Telephone Interest/Bank Charges Depreciation Sundry Total Resources Used |
2025 £ 194,533 221 510 - - - - - - - - - - - - - - - - |
|---|---|
| 195,264 |
URM Charity Income & Expenditure Account For The Year Ended 31st March 2025
2025 Income Donations 142,611 Sadaqa 10,901 Zakat 26,053 Fitrana 592 - 180,157 Expenses Charity Paid out 194,533 Transport 221 Rates & Water Repair Cleaning & Refuse Advertising Insurance Equipment Hire Room Hire Licence Fee Postage & Stationary Legal & Professional Service Charge Web Maint Travel Telephone Bank Charges 510 Depreciation Sundry 195,264 Excess of Income Over Expenditure (15,107)