Trustees’ Annual Report for the period
From: 1/1/2023 Period start date To: 31/12/2023 Period end date
Charity name: Perpetual Blessings
Charity registration number: 1197267
Objectives and Activities
| Objectves and Actvites | ||
|---|---|---|
| SORP reference | ||
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To relieve fnancial hardship, distress and sufering among poor people, victms of natural disasters and other people in need by means of, but not exclusively, making grants to other organisatons working to further this purpose including through paying for items, equipment, services and facilites, including the provision of food, clean water, clothing, accommodaton and healthcare for the beneft of the said persons |
| Summary of the main actvites in relaton to those purposes for the public beneft, in partcular, the actvites, projects or services identfed in the accounts. |
Para 1.17 and 1.19 | The charity's focus areas are primarily around empowering the poor and needy people with capabilites to run a micro- business, and providing habitable dwellings for widows and their dependent children. All of the work is carried out by a close network of established and very experienced volunteers across Pakistan. The charity carries out the evaluaton and funding of these projects |
| Statement confrming whether the trustees have had regard to the guidance issued by the Charity Commission on public beneft |
Para 1.18 | The trustees are familiar and follow the Charites Commission’s guidance in relaton to public beneft |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment
Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference |
||
|---|---|---|
| Summary of the main achievements of the charity, identfying the diference the charity’s work has made to the circumstances of its benefciaries and any wider benefts to society as a whole. |
Para 1.20 | Over this annual reportng period, Perpetual Blessings achieved the delivery of the following empowerment projects to benefciaries: Grocery shopfor a 16 year old orphan boy House-build + tuck shopfor a widow with 3 young children Boutquefor a widow Cowfor a widow New housefor a desttute couple with six young children Repayment of debtto free a widow and her six children family from bonded slavery Set up of a self-fnancing sewing machine factoryfor seven poor women Shopfor an elderly disabled street cart vendor Rickshaw + rent relief + food ratonfor a day-wage labourer with no permanent income and a family Rickshaw + rent relief + food ratonfor an unemployed man with a large family Rickshaw + rent relief + food ratonfor an unemployed man with seven children Rickshaw + food ratonfor an unemployed man taking care of seven people, including his elderly mother Rickshaw + food ratonfor an unemployed man taking care of fve people Tuck-shopfor a long-term unemployed person who has failing eyesight and can no longer work as a tailor Taxi motorcyclefor an unemployed man who is the sole earner for his |
family Taxi motorcycle + unpaid school fees + unpaid utility bills for long-term unemployed husband & father-of-two 4 x taxi motorcycles for four long-term unemployed people Tuck-shop for an unemployed and ill man with a heart condition who has five young children Wheelchair for disabled boy from a poor family Wheelchair for disabled girl from a poor family Bicycle and gardening tools for an unemployed gardener Wheelchair for a disabled, semi-orphaned boy from a poor family Taxi motorcycle for an unemployed man and sole earner for his family Fish-frying business for a widower father of four
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectves set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising actvites against objectves set |
Para 1.41 | |
| Investment performance against objectves |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s fnancial positon at the end of the period |
Para 1.21 | The charity fnds its fnances in a healthy state, with enough donatons to fund a pipeline of humanitarian projects the next calendar year |
| Statement explaining the policy for holding reserves statng why they are held |
Para 1.22 | The charity fnds that working on a steady pipeline of projects throughout the year means that they can be focused on and delivered in an efectve and efcient way. This also helps with tracking delivery status and tracking costs. Further, the charity is always wantng to work on delivering innovatve empowerment projects that are new in concept and ofer exceptonal investment value for stakeholders. This takes tme and patence to emerge and develop |
| Amount of reserves held | Para 1.22 | £93,053.70 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in defcit |
Para 1.24 | [None] |
| Explanaton of any uncertaintes about the charity contnuingas agoingconcern |
Para 1.23 | [None] |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any Para 1.47 fundraising) Investment policy and objectives including any social Para 1.46 investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Descripton of charity’s trusts: | ||
|---|---|---|
| Type of governing document (trust deed,royal charter) |
Para 1.25 | Trust Deed |
| How is the charity consttuted? (e.g unincorporated associaton,CIO) |
Para 1.25 | Charitable Incorporated Organisaton (CIO) |
| Trustee selecton methods including details of any consttutonal provisions e.g. electon to post or name of any person or body enttled to appoint one or more trustees |
Para 1.25 | A Chair Trustee is appointed by the trustees by a votng process |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | Perpetual Blessings |
|---|---|
| Other name the charityuses | [None] |
| Registered charity number | 1197267 |
| Charity’s principal address | 108 Green Lane Edgware London HA8 8EJ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 |
Trustee name | Ofce (if any) | Dates acted if not for whole year | Name of person (or body) enttled to appoint trustee(if any) |
|---|---|---|---|---|
| Nabeel Mallick | Trustees | |||
| Farina Mallick | Trustees | |||
| Nabeela Mallick | Trustees | |||
Corporate trustees – names of the directors at the date the report was approved
Director name [None]
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for wholeyear | |
|---|---|---|
| [None] | ||
Funds held as custodian trustees on behalf of others
| Descripton of the assets held in this capacity |
[None] |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
[None] |
| Details of arrangements for safe custody and segregaton of such assets from the charity’s own assets |
[None] |
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
[None]
Other optional information
[None]
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Nabeel Mallick Full name(s) Nabeel Mallick
Position (eg Secretary, Chair Trustee Chair, etc)
Date
30[th] August, 2024
| Unrestricted funds to the nearest £ 90,022 - - - - - - - 90,022 - - - 90,022 22,369 - - - - - - - - 22,369 - - - 22,369 67,653 - - 67,653 Perpetual Blessings Charity Name Rece For the period from |
|
|---|---|
| Section A Receipts and payments | |
| A1 Receipts | |
| 90,022 | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - |
|
| Sub total(Gross income for AR) | 90,022 |
| A2 Asset and investment sales, (see table). | |
| - | |
| - |
|
| ~~Sub total~~ | - |
| Total receipts A3 Payments |
|
| 22,369 | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| - | |
| **Sub total ** | 22,369 |
| A4 Asset and investment purchases, (see table) | |
| - | |
| - | |
| **Sub total ** | - |
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|
| 67,653 | |
| - | |
| - | |
| 67,653 |
CCXX R1 accounts (SS)
03/09/2024
1
Section B Statement of assets and liabilities at the end of the period
Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use
Details To (agree balances with
Details Details
Details
Details
B5 Liabilities
Signed by one or two trustees on behalf of all the trustees
Signat NABEEL MALLICK
CCXX R2 accounts (SS)
03/09/2024
2
No (if any) s ipts and payments accounts CC16a Period start date Period end date To 1st Jan 2023 31st Dec 2023
| Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 90,022 - - - - - - - 90,022 - - - 90,022 22,369 - - - - - - - - 22,369 - - - 22,369 67,653 |
Total funds to the nearest £ 90,022 - - - - - - - 90,022 - - - 90,022 22,369 - - - - - - - - 22,369 - - - 22,369 67,653 |
Last year to the nearest £ |
|---|---|---|---|---|
| 43,075 | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| 43,075 | ||||
| - | ||||
| - | ||||
| 43,075 | ||||
| 17,674 | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| 17,674 | ||||
| - | ||||
| 17,674 | ||||
| - | - | 67,653 | 25,401 | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | 67,653 | 25,401 |
CCXX R3 accounts (SS)
03/09/2024
3
| o |
ture tal cash funds h receipts and payments account(s)) |
Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - 67,653 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name NABEEL MALLICK(CHAIR TRUSTEE) |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| NABEEL MALLICK(CHAIR TRUSTEE) | 30/08/2024 | ||
CCXX R4 accounts (SS)
03/09/2024
4
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
| Report to the trustees/ members of On accounts for the year ended Set out on pages |
Perpetual Blessings |
|---|---|
| 31 December -2023 Charity no (if any) 1197267 |
|
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023 .
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 I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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.
| Signed: Name: Relevant professional qualification(s) or body (if any): Address: |
Date: | |
|---|---|---|
| 04/09/2024 | ||
| Mr. Zeeshan Munawar | ||
| ACCA | ||
| Amzes Accountant- Amzes Ltd | ||
| Unit 14 East Shopping Centre 232-236 Green Street, | London, E7 8LE |
Oct 2018
IER
1
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Not Applicable
Oct 2018
IER
2