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 fina￿101 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 ￿soCIat￿n 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, •I￿ntI&l tDilètri•8, ond hou8•hold it•m8 to individuals and
families in need 8ndlor for distribution by Char￿e￿ or othw org8ni8atr)nJ ￿￿rkIn0 to prevent or r¢liewe
pov&ty
Achl•v•mfrnts, perf0M￿nCe *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 undert*8 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 F￿Bit￿ned to meet rts staled objectives of rel￿Ving 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￿ In￿me 18 ra￿1Vad
Iru8tseÈ' annual report was approved on 30 September 2024 ond ¥ioned on behalf ol the bogrd of
tr￿te*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•
RKoncllI￿i0n ot fund*
Total fundB brcughl Ic¥w8rd
Total funds carrlèd fop4¥*rd
Thg nDt•• on p*g• 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$6 of tho principal offko is ATRIUM HOUSE, 574 MANCHESTER
ROAD. BURY, BL9 9SW.
Stat•m•nt of cornpllanc•
These flnanci81 stslemènts havè bèen preparnd In ¢omplianee wlth FRS 102, 'The Flnanclal
Reporting Sfandayd appllcable Ni th• UK and thè Republic of Ireland,, tho Stalament of
R•cOmm￿ded PActic• applie#ble to charitses preparino thèbr accounts in a¢¢¢rdineè vAth the
Flnanrial Reportlng Slan<Jard appltcable in th• UK and R•publK of Ir•L•nd IFRS 1021 ICharrt5è5
SORP IFRS 1 D211 and the Charitias Act 2011.
AGcountlng pollcl•s
BaBl• of pr•p•ratlon
Th• financial slAtom•nts pr8parnd ¢)n th£ hijtori￿l cost ba8iB. as modrfi•d by the
rwluation of certain financi31 a88ets ancl l¢abilities and investment propertig¥ M￿SUMd at fair
lue Ihrouyh ineomts or èxwdknrè.
Th• firnancS8l ststam•nt8 #r• pr•paT￿l in 8tèrfln9, which Is the lunctlonBI curf8ncy ot the •ntity.
Golng Con￿rn
The tru8tees are satisfied that the charity has 8uffia•nt support and plani in place lo contnu•
until actlwties COMrner*ce
Stat•m•nt of finlnclal let￿lt
Judg•mvnts and koy sources ol &stimation uncgrtalnty
Preparat￿n of the flnan¢ial 5tatementg did not require the trusts8s to mAke ony
judoem8nl8, Otstim•l8s, or a#8umptions.
Stsff cL*ts
Tha ¥verage count of ?rnWuy¥o$ durfng th? y￿r Nll.
No omplrty¥* weivea emptye b￿errtS of more Ihan £60,000 duthg th• ye8T {2022.' Nill.
Tru•tO9 r•mungr•tlon and •XP•￿0$
No remuneration or olhor b8ndl¥ from omployrn￿t with the charty or a rg18ted •ntty ww
rec￿ed bythe truBlees.