Charlty reglstralh)n number 1197545 IQBAL AND SON'S BEREAVEMENT SERVICES ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 IQBAL AND SON'S BEREAVEMEKf SERVICES LEGAL AND ADMINISTRATIVE INFORPAATION Th18ts99 Mr H Iqbal Mr D Iqbal Mr F IqbHI Charfty numb•r 1197545 Ind•pend￿t •xamln•r oms GCN Llmtted 81 P¢*rt. Second FkM)r Muck1￿ Office Part( MutklcA¥ HUI Haleso**n 862 8DY IQBAL AND SON'S BEREAVEMENT SERVICES CONTENTS Tnjsteos, report IndepwKlgnt eyAminorfs repNt ststement ol finanryal o¢U¥rtbs Stat*neArt offlnanclal wtion Notej lo the fln8n¢io1 St•t•n￿ IQBALAND SON'S BEREAVEMENT SERVICES TRUSTEES. REPORT FOR THE YEAR ENDED 30APRIL 2024 The tW8te85 present their ann￿ rewt and fin￿04 Statem￿ for Ihe Y￿ ended 30Pgrl 2024. The finandal statements have boen pryared in xts)rdance *lth thfr accowling polKie5 set In note 1 to Ihe finanual st8temertS 8nd comply *ith the ch￿ty6 goveming d(Kurn￿, the Charitigs Act 2011 and "Accounting •nd Reporting by Charitie8: Statement of Re¢omménded Practic* applicable to chariues wepamg their acc4)unts in accordance th8 Finanaal RewtiNJ Standard apr4leable in the UK arKI Republic af Ireland (FRS 102). {effectlvo 1 January 20191. Objectlvm ¥nd •¢tIvIt￿• The cèjects ofthe tharity are: To provlde rell8ffrom povety. to tmse ofthe faith.affeclad by tha beraavemenl of famlty members and l¢)ved ones throu￿ finandal assista￿• to those T*ho are unable lo afftird funeral 8eryices. . To rolleve tho menlal and phy8Kal •ickn•M d port¢￿1 8uff8rlNJ from ber•8¥emert or loss by Ihe pTovlslon of approprfatg 8UPPOrt and athKe, li part￿￿18T but I￿1 axdusfvely by prowding a bereavement pegr 8LlPPOrt 88Trica vl8 trained volunlews aThJ advice and wrfcrfmtion to moat In. R•¥•Nos poll¢y Cash resorvo$ of £41,867 aro hebj for fuiure expendliure In pursult of the thariV8 oLyectTve$. Total ￿reStriCted fvnds ftNw8rd amwnted to £39,037 {2023: £7,610). Struttur•, gov•rnanc• and managemefftt Govarnlng document The charity 18 controlled ty 6ts govemiry d0￿ment it 18 registered as Chanlable IncorrK)rat8d Organlsatlon number CE027969. The truslees who ser￿d during the and up to Ihe dot6 of signalure of the finandal statements were.. r H Iqbal Mr D Iqbal Mr F Iqbal Rqcrullm•nt and •pOntm•nt of trusta Upon IhdT fiTst appointment , new Trustees a￿ gr4en a trustee bwklet vthith 8ets out all infomwtion ¢onsidwed necessary for thelr ind￿￿on and tranirvJ. Trlthes have the opportunlty to rai8e any further training needs at thè regular tNstee meetiro8 IQBALAND SON'S BEREAVEMENT SERVICES TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Rfrfgrnnc• •nd Admlnstratlv• D•talJ• Reglstar•d Charfty numb•r 1197545 Prfnclpal addr Triaim Houso Cypru8 Street Oldbury B69 4XD Indopendont Ex•mln•r Jerroms GCN Llmited Chartered CertffiedAcrAntants IA*st Point Second Floor Mucklow Offlco Pwk Mucklow Hill Halesowen st Mldands B62 8DY Th• trugtee8' report wa8 apyoved by th8 Board CITI￿. Mr H Iqbal Trusts• 3 July 2024 IQBAL AND SON'S BEREAVEMEKf SERVICES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF IQBAL AND SON'S BEREAVEMENT SERVICES I report to the trustee8 ￿ my •Xam1natk￿ ofthe finan(y* stat￿lts af and Son'5 Bweavwnwt Sorvice8 (the Char￿Y) forthe year ended 30Aprfl 2024. RespOn￿bIlItI￿ and ba81• of r•p(wt As th8 tru81ee8 01 the ch8iTty you are reSp￿sIble for the wep**(xi of ts finwKial statements In ac£othnce vAth the r¢qulramants of Ihe CttaiitsosAct 2011 (the 2011 NA). I report In reswl of my examinatbn of th• thartys finondal staternerrt8 c*rrled aut LWKler 8eG*on 145 of the 2011 Act. In carrying out my examin0t￿ I have followed ￿1 the ap￿16 th'redons 9lven by the Charity commi￿1 undar 86clion 14515)(b) of ￿ 2011 A Ind•p•nd•nl •Mmln•rf• •tal•m•nt Your attention 18 dro*n to tho fact th8t it* clkgrty has wepared finarmial 8latem&)ts In accordarre with Accounting and Reporting by Ch•rrbo$ preparing their aco)unts In ac1x￿d￿ with th8 F¥iancial Rep)rtlng Stsndard 8pplic4ble In the UK and Republic of Ireland IFRS 102) in preferwce to IheAcctunting and RwtiriJ by Ch•ritie8'. Ststam8nl of Recommended PrxtiGe i68Uod on 1 Awil 2(M)5 rafwrod to kn tro ¢xtwrt regulati(￿8 Ixrt ha¥ now b88n Ithdra￿. l understand that Ihl8 has b•8n doM In order for ffwK4al statements to wovhlo a true and f8lr vlffw In ac(x)rdan h Generally Acceptod A￿OLIrtIng Pr8￿￿ off8ctfv• lor repol￿ry pgrlod8 beginrriry on or after 1 January 2015. I have Complet￿ my examiftaflon. l ￿nfirn Ihat no mthlers have ￿ne to ry att8ndon In connectlon th ex8mlnats.on giving me cauae lo belie¥• that In ￿Y Mater￿ respect: arKounllng records were not kept in rospect of the charity as requlrwj by •o¢llon 130 of tho 2011 Act: Dr the financlel statements do acuffd V•ith Iho8e recud&; or the financial 8tstemants do rth com&ty vAlh the applicable reqUknM￿tS cM(*rnlng thè fomi and conlenl ol accounts $el out in tre Charities (Accowts Rèport81 Regul81￿$ 2008 other than any requirament that the 8ccounls glv8 a true and f81r vlew vthich is T￿1 a matter eL)n8idered 85 wt of an irKlependent examinallon. I have no concems arKI have o)me across no other mattèrs in cmnecbon with the ex8minatlon to atlentlon should k drawn in th18 rewt in ordwto enable a proper undérstanding of the finandal staternents to be reached. J•rrom• GCN Llmltsd Al• n•9 FCCA t PoinL Second Fioor Mucklow Office Park Mu¢klow Hill Halesowen 882 8DY Oated.. 3 thjly 2024 IQBAL AND SON'S BEREAVEMENT SERVICES STATEMENT OF FINANCIAL ACTivrriES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 30 APRIL 2024 Unrnstrl¢t¢d Unrnstrlctèd fun funds 2024 2023 Income from: Donation8 and legacie8 52.443 15,504 Totsl Incomo 52.443 15,504 Exp•ndltur• on: Rai8irvJ funds Chodtab10 od*ltte• 21,018 Total •xp•ndltur• 21,016 7,894 N•t Incom• and mov•nwnt In funds 31,427 7,810 ReconcIl￿tIon of fund¥'. Fund balances at 1 May 2023 7,610 Fund b•￿n¢•I •130 Aprfl 2024 39,037 7,810 The slalement of financial activibes indudes al gains ar#Y Iosges reMgnl8ed In year. Al irwng 8r)d èxpendlture derive from continuing 8Ctivhles. The nole$ on pages 8 to 9 form part ofthese finand81 ￿t￿•Trts. IQBAL AND SON'S BEREAVEMENT SERVICES STATEMENT OF FINANCIAL posmoN ASAT30APRIL 2024 2023 Curr•nt a•8•ts Debtors Cash at bank In hand 11 770 41.867 502 8,908 42.637 9,410 Cr•dltorn: amounts falllng duo T*lthln ono ygar 12 {3.8CQ) 11.8001 N•t curr•nt us•ts 39.037 7,610 Not 39,037 7,810 Th• fund• of th• ch•rfty Unre8tricAed ftJnd• 39,037 7,610 39,037 7,610 The notM on pag08 8 to 9 fomi part of tr￿8# financial •tatem￿. The financlal slatement8 were apwoved ty the on 3 J￿Y 2024 Mr H Iqbal TruJt•• IQBAL AND SON'S BEREAVEMENT SERVICES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30APRIL 2024 Accounllng poNcl Charlty Inforniatlon Iqbal and Son'8 Bereavement Services is a Chaiitabl8 1nethpY￿ Organlsakn nLThbor CE27969 reglstered at Ch8dtles Commission (En*nd and rnwrt)er 1197545. The W1n￿p￿ address IB Triaim Plousa, Cypru8 Street, Oldbury. 869 4XD. 1.1 Accountlng conv•ntlon The finanda statemefrts have been wepared n accordwce tro chaiitlg [govèming documenll, the Charities Act 2011. FRS 102 Yhe Finwciol Reportlng Standard applicable in the UK Republic ol Ireland" fFRS 102) and tha Ch*ilie8 SORP "AccounWrvJ and Rew¥Jng by Chafitles.. Statement of Recomm8nded Prndic6 appllc8ble to charibes wepanng their ac(x)thts in p*£ordance with th8 Finandal Reporbng Standard applicable in the UK 8n(i RfrpUU￿ of Ireland {FRS 102)'18ffec*v0 1 January 2019). Tho ¢*arty 18 4 Publb¢ Entty a8 defined ty FRS 102. Thé charity ha8 taken advantage of t￿ w0vi￿On$ kn the SORP for tharlti88 not to prepare a Ststhort of Ca8h FIOWB. The flnarK481 stslements are prepared in 8terlirKJ, wNd) Is tho fiJncJioMI aKrerty of chadty. Monetary amourrtj in theBe fin•ncio18tsl•m8nts arn rowthd to t￿ nowt8tL The finanaal statements havo been pr8pared under Past￿1¢41 ¢4At convertlon. The prfndpol a¢¢ountlng pollde8 fidopled are Set out bel(Y4V. 1.2 Charlt•bl• fund* UnrestriGtod furth are avallable for use at the dlscreJon of tNstee8 In fiJtherance of thélr charftsble oblectfves. Rostrfct•d funds 8ro sublecl to speclfic by donorB or grantors a8 to tth)w they may be used. The purpo885 and uses of the restricted furKl$ are sol out In the notes to the finanaal stst¢manls. Endownent fvnd$ are $ubJe¢l to sp¢th¢ conditSon8 by dLYKXS Ihat ihe must be malntslned by tho cha￿. 1.3 Incom• InGome 1$ r¢cwlaed when the Charity 1$ leg￿ty &ttitled toll after any WfwrnaTh￿ conditions have been met, the aMo￿ts ¢an be measured relw. 8nd it is wob3￿6 that Ints)me wllt be reL¥lved. Cash donations are recogni8ed on receipt. other rkffiatic￿S are wntsed onc8 the charity ha8 been notified of the donation. unless perfomiance Wmlitions requk8 defarral of the anount. Income tax recoverable in relation lo donations re￿￿¢￿ uNler GrfIAid or dee(15 of covenarrt Is rwi5ed at the time of the donatkjn. Legaaes aré recognlsed on recelpt or othgwse rf the charity has been notifiwj of an impending d￿lribLrt1QTh, the amount is known, re￿ipl is expected. If the amount is not knNn, thè legacy is treated as conllrKJent a88eL IQBAL AND SON'S BEREAVEMENT SERVICES NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 30APRIL 2024 G(wnllng polkl IContlnu•d) 1.4 Exp•ndlturo Expenditwe is recogr¥6ed once there * a legal oUlgaJon to transfer aconomic b8nefft to a thlrd p8ty, tt Is probabl8 that a transfer of e{xX￿1c ￿erts will be wqwred in 8dVgmant, and the amount of the obligation can bo measured To1iaW. Expenditure is da85ified by actiwty. The c4)8t8 of each •thryty a￿ made up of tha total of dI￿t cost8 and shgred costs, Includlng support costs inbvlved in urtht8kiThJ eaGh adivty. Direct costs a￿1but8￿8 lo a slngle actiwty are allocated diredy to thot aclvlty. Shared costs Tr•thich corrtrilxrte to more than one 8cthTty and 8UPPOrt CO818 Ithich are not attributable to 4 8iThJle xtlvlty are apportlonèd bètween th088 activitk?8 on a ba818 conslstent wth Ihe use of re8ource8. Central staff ¢otsts aw 8l¢xated on the ba818 of tkne Spent, and depr￿a￿¢)n dwrg8s are allocated ￿ lh• (* the osvet'o u•e. 1.6 Cash and c•8h •qufval•nts Cash arKI ￿8h equivalents indudè cash in hand. thposhs hgkl at call whh banks. other shorktenn liwid investments odglnal matUd￿￿1 of thra• month8 or le88, aThJ bank overdrnfts. Bank overdrafts are shtr•Vn vAthin borrowings in Cvrrent liobilit*$. D•rKognltlon of fin•nclal Ilabilllles Flnonci81 liabilliieB aro (Iw8¢ognl8&1 when tr* dwW8 ¢(#*0th01 obNgthns expke crf aro dl8thargad or cancded. 1.6 Taxatlon Th8 thartty h èxem0 from tax on 118 dwritd)le xllvllle8. Crltl¢•l •ccountlng ••llmat•• and ludg•m•nts In the 8pplIca￿On of the cW'8 acccwnlNJ pcAw. the truslee$ are required to make ludgements, 88￿MateS and a89Lwnplions about Ihe carrying amount of a$ssls arKI l￿bIlItI￿8 that ara not ￿adIty apparent from other Sources. The estimates and a8SWOted assumptions 8ffj based on h>stori¢al expertenea and other factors that are Con￿dered lo bg relevant. Actual resLrfts may thffer frryn these ests'mates. The e*imates and undwtying awmptioM ara f￿1th￿d on an on90ts￿ b8sls. Re¥Athn8 lo accountlng e8tlmale8 ar9 recogni￿d in the peric4J in ￿1¢h the estimate 1$ revised whero th8 rewsion affects cmly that perlod, or In the perfod of the revision arKI ftrture peri¢xls where Ihe revision affects both c￿ent and future pertods. Incom• from donatlons andloyacl Unrnstrlcted Unrestrlcted funds fund• 2024 2023 Donations and gifts 52,443 15,504 IQBALAND SON'S BEREAVEMENT SERVICES NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Ewndlturn on rn18lng fund8 Unr•strkt•d Unr•tstrfctsd funds funds 2024 2023 Fundrnlslng and publklty Advertising 40 Exp•ndltur• on charftabh actlvlll Ch•tftab actlvltl•# 2024 Chirltabl• actlvltl•• 2023 Dlr•et co*1• Funeral arKI related costs 19,029 8,054 Sh•r• of •upport and gov•rnanc• costs l•M not• 6) Support Govèmanca 187 1.800 1,800 21,016 Analy81• by fund Unrestrfcted funds 21.018 7,854 Support costs allocated to acUv111•8 Charftablo actlvltle¥J 2024 Totsl 2023 Ggneral exF¢n8es Govemance 187 1.600 1,800 Net movemvnt In fund• 2024 2023 The net movement In funds Is stated after chwglryl(¢xedltiThJ)'. Fees payable forthe indep8ndert examrwtion ofthe ffina￿ 1,800 1,800 None of the trustses {or any pernons (￿n8thd t*Ath th￿}) re￿I¥*d ary reM￿￿8110n or beneffts f￿M the d)arity durityd the yw. IQBAL AND SON'S BEREAVEMEKf SERVICES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2024 Employ•o5 The average monthly rwmber Ofeffl￿ Ojring fv year 2024 Numb•r 2023 Numhr TN8tee8 There were no employees wnu81 r￿nun￿￿K)n was m￿8 than £60,0￿. 10 Taxallon The charity is exampt from taxakn on Its ath4tkn8 b8cau8e all ils is appllod for d)aiitable purpo8e8. 11 D•blorn 2024 2023 Amounts f•lllng du• wlthln on• y•ar. Other debtorn 770 502 12 Cr•dltorn: Jmounts lalllng du• vAthln on• y• 2024 2023 Accruals and deferr6d Income 3,800 1,800 13 Unr•strlct•d fvnd• The unre8trfcted funds of the charlty ¢(Knprt8e the ur￿r￿ balwKe8 rf donatiorn and grants ￿lCh ar8 rK)t subject to s￿rie condition8 by thjnors WKI grantors as to htyv trey may be used. These indudo designated funds whith have been Set aside oul of unraslricled funds by th• trustses for 8pedfic purposes. At 1 Al•y 2023 Incomlng R•sourcg¥ r88ourc•J •xpend•d At 30 Aprll 2024 Gonernl fund6 7.810 52,443 {21.016} 39,037 Prnvlous Perlod: At1 2022 I￿OmIng Rgsourco¥J resou￿e$ •xp8ndgd At 30 Aprfl 2023 Genetal fundB 15.504 (T,8941 7,610 14 Rdatad party tranMth>n• There ￿Te no disdosable relatad pty tr￿sarIl0n5 dLWi¥J thè y8ar (2023. none).