DocuSign Envelope ID: D658400D-2D7C-4BAB-942A-068D50AB2771 Charity No. Reg-no 1196779 IV PUBLISHING (Dormant Accounts) (A Charitable Incorporated Organisation) Annual Report and Financial Statements 25 November 2022 to 31 May 2022 DocuSign Envelope ID: D658400D-2D7C-4BAB-942A-068D50AB2771 ## **Contents** Legal and administrative information Report of the Trustees Dormant Balance Sheet Notes forming part of the financial statements 2 DocuSign Envelope ID: D658400D-2D7C-4BAB-942A-068D50AB2771 **Legal and administrative information** Reg-no: 1196779 Charity number 351 Lichfield Road Registered address Aston Birmingham West Midlands B6 7ST Samra Waheed Trustees Abdur Rashid Gufrana Zafar Tahir Bashir Lucy Norris (Resigned 01/03/23) 3 DocuSign Envelope ID: D658400D-2D7C-4BAB-942A-068D50AB2771 ## **IV PUBLISHING** ## **Charity no 1196779** ## **Trustees' Report** The Trustees present their annual report and accounts for the first period ended 31 May 2022. During this period, the charity had dormant accounts. ## **Structure, governance and management** The Charity is constituted as a Charitable Incorporated Organisation (CIO) Foundation, as a body corporate under Part 11 of the Charities Act 2011 on the 25 Nov 2021. The CIO registered with the Charity Commission on the same day. Trustees are legally responsible for the governance and management of the charity. Trustees are responsible of setting strategies and policies for ensuring these are implemented. Risk management The charity's trustees have considered the major risks to which the charity is exposed and have reviewed potential risks. Systems and procedures have been put in place to manage the risks and to mitigate any adverse outcomes. ## **Objectives and activities** The governing scheme defines the charity's objects as being to: - (A) To advance the Islamic religion for the benefit of the public through the holding of meetings, lectures, producing and/or distributing transformative literature on Islamic civilisation, community, spirituality, and Islamic theology to enlighten others about the Islamic faith. - (B) To promote the education and training (both formal and informal) by providing grants and bursaries to deprived individuals and communities. ## **Achievements and Performance** The CIO was dormant during this period. ## **Financial review** No transaction took place during this period. ## **Future plans** The charity is expected to start its fundraising soon. 4 DocuSign Envelope ID: D658400D-2D7C-4BAB-942A-068D50AB2771 ## **Trustees' responsibilities statement** The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They 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 ## 07 April 2023 This report was approved by the trustees on………………….….and signed on their behalf by: **…………………………………….** Gufrana Zafar Chair 5 DocuSign Envelope ID: D658400D-2D7C-4BAB-942A-068D50AB2771 ## **IV PUBLISHING Charity no 1196779 Balance Sheet as at 31 May 2022 (Dormant Accounts)** |**Fixed assets**
Tangible assets
Total fixed assets
**Current assets**
Stock and work in progress
Debtors
Cash at bank and in hand
**Liabilities**
Creditors: amounts falling due within one
year
Net current assets
Creditors: amounts falling due after one
year
Provision for liabilities
Net assets
**Reserves**|**£**
0
0
0|**2022**
**£**| |---|---|---| |||0| ||0
0|| ||0|| |||0
0
0| |||0| |||| |||0| ## 07 April 2023 Approved by the Board on ………………..... And signed on its behalf by: **…………………………………….** Gufrana Zafar Chair 6 DocuSign Envelope ID: D658400D-2D7C-4BAB-942A-068D50AB2771 ## **Notes forming part of the financial statements for the year ended 31 May 2022** ## **1. Accounting policies** - (a) Basis of preparation The accounts have been prepared in accordance with the receipts and payments basis in accordance with the Charity Commission guidance. - (b) Charity status The Charity is constituted as a Charitable Incorporated Organisation (CIO) Foundation, as a body corporate under Part 11 of the Charities Act 2011 on the 25 Nov 2021. The CIO registered with the Charity Commission on the same day. Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. ## (d) Receipts All incoming resources are included in the Receipt & payment Accounts when the charity actually obtains legally entitled income. ## (e) Payments All expenditure is accounted for on payments basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. ## **2. Member liabilities** The members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities. ## **3. Debt outstanding** There is no particulars of any debt outstanding at the date the statement of assets and liabilities which is owed by the Al-Hijrah Trust and which is secured by an express charge on any of the assets of the AlHijrah Trust. ## **4. Related Parties** ## **Controlling entity** The charity is controlled by the trustees. During the year the Trustees received no emoluments or incurred any expenses using Trust funds. 7