CHARrrY REGISTrATION NUMBER: 1197494 The Khallq Foundation Unaudited Financial Statements 30 November 2022 Chartered Accountant & statutory Auditors Brulimar Hou88 Jubilee Rd Middleton Manchester M24 2LX
The Khaliq Foundation Financial Statsments Year endad 30 November 2022 Page Tru8tees' annual report Staternent of flnanclal actlvltles Statement of financial position Notes to the financial statements
The Khallq Foundatlon Tru8t008' Annual Report Year ond•d 30 Nov•mber 2022 The tW8lees present their report and the ur+audiled financial statemgnl8 of the charty for the year ended 30 November 2022. Rof•r•nc• and •drnlnl•trattv• d•tall• Regi8t•r•d charlty nrn Thè KhÈliq Foundatmjn Chorlty r•g18tratlon numb•r Prlnclpal offlce 1197494 ALium House 574 Manchestsr Road Bury BL9 9SW Th• tru•t•e• Shahid Ra8vI Chrislne Sharples Account•nts G A Harfs & Co limtted Chartered Accountant & Ststutory Auditors 8rulirnar House Jubll8e Fld Middleton Manche6t¢r M24 2LX Structurol govgrnanc¢ and manag•m•nt The chaThty is an unincorporated aSlatIon and is governed by its constitution. The trustees are rgsponslblo for the overall governonce and strotegic direction of the Gharity ané en6ure that it QPgrates in acrArdance with its charitable objects. Obl•ctlvo• •nd •¢tlvltle8 The objeGts of the charity arv Ihe relief af finanGial hardshlp amongst people in Greatsr Manchester and the surroundlng a3 in such TrKays as the Iru8tee8 from timg to time think fit, in pgrtKular. but not oxcIu8w•ly, by providing emergency food, essential loilotrie8. and hou¥•hold item6 to Individudl3 and famllles In nagd andlor for distribubon by charlb'es or Dlher organlsationts working to prevent or relieve povety Achl•v•mont•, p•rfomi•nca ind plan• lor futur• p•riod• The charity ha8 not undertaken any trading acb'vltl88 duflng the year and 18 currently awaiting the openlng of 8 b8nk gc¢ount Mthich is exp#¢ted to tokc ploce before ¢omrnenGing actsty.
The Khaliq Foundatlon Tru•tso8' Annual Roport{eonUnwdJ Ywr ended 30 Novemb•r 2022 Fln•nclal r8vl•w During the year the Qharlty dld not urKlertake 8ny trading acilvlknes and 19 awalung the owning of Its bank aUnt before mmenC1ng actlvlty. A8 8 resutt, thgre has been no materlal fln8ncl81 acuvty to raport far tha poriod. DeBpfte th18, Ihe trustees a confiderrt that once the b8nk a¢counl is in aCe, charty wlll be wall p08ttbned to meet its 8tated oblectlv08 of rnISng finan¢lal hard8hlp In Greater Man¢he8ter and tho Jurrounding area. Ag the tharty has not enmmÈncèd trading. tt curront hold$ no re88fvgB. Tha tru$tsee Intend to establish 8 re8eThe8 poll¢y onL* ino)me is received The trustees, annual report W86 approved on 31 August 2023 and slgned on behall of th• boanl of trustees ty. Sh8hid Ra8uI Trustee
The Khallq Foundatlon statomant of Flnanclal Actlvltle• Y8ar end•d 30 Novembor 2022 X122 Tolal lund8 Not• Tot•1 Incomè Tol•l •xp•ndllur• N•t In¢om• R•conclll*tlon of funds Totsl funds brought foNtsrd Total lund• carrl•d forward Th• Th)ts• on page 5 forni pirt ofthM• fin•n¢lml •i•t•rn•nl•.
The Khallq Foundation Statem•nt of Financlal Po8ltion 30 Novemb•r 2022 2022 Not• These fin8ncial Btatements were appr by the toard of tnJ8teeB and authorised for Issue on 31 Augu8t 2Q23, an¢Y are Signed on behalf of the board by.. Shahid Rasul Tru8ts¢ Th• nol•• tx) P•9• S forni part 01th• fln•ncknl •t•twn•nts.
The Khaliq Foundation Nots8 to the Financlal Statsmont8 Year •nded 30 Novembor 2022 Genernl Inforni•tkJn The charity is e public benefft entity and a rngi8ler0d Gharity in England and Wales and 1$ unlncthporale(l. The 8ddress of the prin¢ipal office IB ATRIUM HOUSE. 574 MANCHESTER ROAD. BURY, BL9 9SW. Stt•rn•nt ol eompllaneo These ffnancial ¥tatemeTrt8 have been prepared In compllènce with FRS 102. 'The FinAncial Rep)n9 Standard applicable in the UK and the Republic of Ireland,, the Stslemenl of Recomrnended Pfartice applicable lo Gharities pParIng their 8ccounts in acconlanc8 with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Ichanlres SORP {FRS 1021) and the Ch8ritig8 Aci 2011. A¢countlng pollcles Ba•18 of prnparntlon The financlal 6tstements have been prepared on the hlstorlcal ctsst basls, 88 modified by the revaluation of certain financlal aBsets gnd Ilabilities and investrnent propertie5 measured at faiT value through Income or expenditure. Th8 finan¢lal atalements are prepared In sterlino, whlch Is the lunctbnal currency of the enlty Golng COnrn The Iruslees are satisfied that the charity has sufficient support and aS In place lo cann until 8¢tr"vlts'e8 commance St•tement of fln•nci•l a¢Uvltio• Judo•m•na and k•y •otsr¢•• ol Mtlmation un¢•rt•lnty The prfjparation of the flnanGial statements not wulre the trustees lo make any significant judgements, estlm81fjs, or ossumplons. 8taff Gogts The overage head count ol employees during thg year was Nil. No 8mployee recelv¢d employee benefits of more than £60,OW during the year12Q21. N1. Trultsè rnmun•r•tlon and •xyn•o• No remuneration or other teneffta from employment wth the charity or A rèkqted were received by the trustee8.