CHARITY REGISTRATION NUMBER.. 1197494 The Khaliq Foundation Unaudited Financial Statements 30 November 2023 Chartered Accountant & Statutory Auditors Brulimar House Jubilee Rd Middleton Manchester M24 2LX
The Khaiiq Foiinclatlon Flnancl81 Stataments Year ended 30 Novèmbor 2023 Page Trustees, annu81 report statement of financlal acttvlties Statement of financi81 po$ttlon Noles tc the financial statements
The Khallq Foundatlon Trustees, Annual Roport Yoar ended 30 Novembèr 2023 The truitO0s prfjsenl their report and the unaudited fina101 Statements of the Gharty for the ygar ended 30 Novwnber 2023. Referenc• and admini¥lrntfv• d•tall8 Rogl8t•p•d charlty n4m• The Khallq Foundalion Chartty r•giJtration numb•r 1197494 Prlnclyl offl¢• Atrium Hou89 574 M8ncheBler Ro• Bury BL9 9SW Tho tru#te Shahid Rasul Chr1811ne Sh8rple8 A¢¢ount•n G A Harri$ & Co Llmtto(I Ch8rt818d Accountant & st8tuloryAudftors Brulimat Jubileo Rd Middleton Manche8t&r M24 2LX Stru¢tur•. gov•mtnc• and manag•m•nt The charty is an unlncorporated soCIatn and 18 govemed by Its c¢nstnution. The truolees responsible lor the over811 govwnonce and 81rategiG direction of the charity ar en8ure thst rt operate$ in x¢ord¥n¢& t its ¢h•rft¥bl4 ¢b]e¢ts. ObloCtlv8s and actlvltl Th• objeGts of thv charity arn the rnliof of financial hard8hip emong8t people in Gr•atèr M•nche8t•r rj the surroundlng area In such way$ as the trustee8 from lime to Ime think rrt, in partiCLfjlar, bul not axclusivdy, by prtsthding èmérg•ncy f¢ad, •IntI&l tDilètri•8, ond hou8•hold it•m8 to individuals and families in need 8ndlor for distribution by Chare or othw org8ni8atr)nJ rkIn0 to prevent or r¢liewe pov&ty Achl•v•mfrnts, perf0MnCe *nd plan¥ for lutur• p•rlod$ Th• chaTny ha$ nel undortak8n any trading acts"vlti during tho yoor and 15 Currently Milino th• ¢pèning of a bank account which is expected to take plBce beforo commencing Actw.
The Kh£llq Four,datlon Tru8tM8' Annual Report fwilthu•dJ Year énded 30 November 2023 Flnanclal fovl Durlng th• yw tho Charity dkl not undert8 any IradSna acllvnle& and 1$ 8walllrYJ the openlng of 11$ bunk ccount boforo commèncing aclNity. A6 4 rasutt, Ih•re h&$ bo•n no mat?ii•l financi acllvtty Its report f the perknd. Deayte this. the truytw tonfid8nt Ih•l onc• tho b4nk occounl iJ5 in F4ace, th charity wll be well FBitned to meet rts staled objectives of relVing fln8nGial hardship in Gre8ter Manchester and the surroundM)g Br•#. As tho charity has not yet commenced trading, rt currentty holds no res•rv•s. Tha Iruste8s irrtand lo ostabli8h a resetve$ poly On Inme 18 ra1Vad Iru8tseÈ' annual report was approved on 30 September 2024 ond ¥ioned on behalf ol the bogrd of trte*S by. Shahid Rasul Twslee
Tho Khailq Foundatlo Statement of Flnanclal Actlvltles Yoar ended 30 Novambor 2023 2023 Tot•1 fund• NDI• Tot•1 Incom• Totsl •ypendlturn N•t Incom• RKoncllIi0n ot fund Total fundB brcughl Ic¥w8rd Total funds carrlèd fop4¥rd Thg nDt•• on pg• O forni p•rt •f t•8• Iln•nd*l •tst•m•nts,
The Khallq Foundarlon Statement of Flnjnclal Posltlon 30 Nov•mbor 2023 2023 Nol• These finan¢ 8tat•ments ww• ¥)proved by Ihtr bo¥rd cf tN6t•es and aulhorised for issue on 30 Saptemb•r 2024. and are slgn8J on behaw of the board by. Shahid Rasul Trustee Th• notm on pao• 5 forni pArt ol thu• flnanclal 8t*i•m•nts.
Tho Khallq Foundatlon Notgs to tho Flnanclal Statoments Yoar end•d 30 Novemb•r 2023 G•noral Inform•tion The Gharity Is a publ benefil entty and A regist•rad charty kn England WaleB and is unincorpoTal•d. The addr8$6 of tho principal offko is ATRIUM HOUSE, 574 MANCHESTER ROAD. BURY, BL9 9SW. Stat•m•nt of cornpllanc• These flnanci81 stslemènts havè bèen preparnd In ¢omplianee wlth FRS 102, 'The Flnanclal Reporting Sfandayd appllcable Ni th• UK and thè Republic of Ireland,, tho Stalament of R•cOmmded PActic• applie#ble to charitses preparino thèbr accounts in a¢¢¢rdineè vAth the Flnanrial Reportlng Slan<Jard appltcable in th• UK and R•publK of Ir•L•nd IFRS 1021 ICharrt5è5 SORP IFRS 1 D211 and the Charitias Act 2011. AGcountlng pollcl•s BaBl• of pr•p•ratlon Th• financial slAtom•nts pr8parnd ¢)n th£ hijtoril cost ba8iB. as modrfi•d by the rwluation of certain financi31 a88ets ancl l¢abilities and investment propertig¥ MSUMd at fair lue Ihrouyh ineomts or èxwdknrè. Th• firnancS8l ststam•nt8 #r• pr•paTl in 8tèrfln9, which Is the lunctlonBI curf8ncy ot the •ntity. Golng Conrn The tru8tees are satisfied that the charity has 8uffia•nt support and plani in place lo contnu• until actlwties COMrnerce Stat•m•nt of finlnclal letlt Judg•mvnts and koy sources ol &stimation uncgrtalnty Preparatn of the flnan¢ial 5tatementg did not require the trusts8s to mAke ony judoem8nl8, Otstim•l8s, or a#8umptions. Stsff cLts Tha ¥verage count of ?rnWuy¥o$ durfng th? yr Nll. No omplrty¥* weivea emptye berrtS of more Ihan £60,000 duthg th• ye8T {2022.' Nill. Tru•tO9 r•mungr•tlon and •XP•0$ No remuneration or olhor b8ndl¥ from omployrnt with the charty or a rg18ted •ntty ww reced bythe truBlees.