IQRA WELFARE ASSOCIATION Annual Reports & Accounts 2023-2024 Charity Registration Number: 1197747
IQRA WELFARE ASSOCIATION
ANNUAL REPORTS & FINANCIAL ACCOUNTS FOR THE YEAR ENDED 16 NOVEMBER 2024 CHARITY REGISTRATION NUMBER: 1197747
1
IQRA WELFARE ASSOCIATION Annual Reports & Accounts 2023-2024 Charity Registration Number: 1197747
Legal & Administrative Information
Trustees of the Charity:
-
Mohammed Shirajul Islam – Chair 2. Mohammed Nazmul Abedin – Trustee 3. Mohammed Abdul Rup Ali – Trustee 4. Muhammad Mustakim Ali - Trustee (Appointed 14[th] September 2024)
-
Md Abdullah Al Mamun – Trustee (Appointed on 14[th] September 2024)
Charity Number: 1197747 Registered Office: 24 Colwyn Crescent, Hounslow Middlesex TW3 4AW Bank: Lloyds Bank Zampler Bank Independent Examiner: Akbar Muhammad Hussain FMAAT Flat 5, Twickenham House 161 Heath Road Twickenham TW1 4BH
2
IQRA WELFARE ASSOCIATION Annual Reports & Accounts 2023-2024 Charity Registration Number: 1197747
Contents
| Report of the Management Committee | 4 -6 |
|---|---|
| Management Committee’s | 7 |
| Responsibilities | |
| Independent Examiner Report | 8 |
| Income & Expenditure Account | 9 |
| Balance Sheet | 10 |
3
IQRA WELFARE ASSOCIATION Annual Reports & Accounts 2023-2024 Charity Registration Number: 1197747
Report of the Management Committee
The trustees submit their report and financial statements for the year ended 16 November 2024.
The Association’s Objectives:
Prevention or relief of poverty by helping the poor needy children/young, elderly people, people with disabilities support. Education for deprived children, water for poor ,houses for homeless widows , flood relief, medication for Flood victims , food packets . winter blankets.
Activities for the year:
Iqra Welfare Association is a newly established charity that aims to prevent or relieve poverty and empower education in Bangladesh by helping poor, needy children/young people, elderly/old people, people with disabilities, and the general public who lack sufficient resources and support. With the kind donation and support of the trustees, members/volunteers, and well-wishers, Iqra Welfare Association has started some projects to fulfill the basic needs of the poor, homeless, disadvantaged, and needy people and educate the disadvantaged children. Here are some brief descriptions and evidence of our projects:
Deep water project: More than 600 students were suffering for clean water at Bhukshimoil Higher Secondary Education in Kulaura, Bangladesh. All educational activities are about to stop because of the water facility. The Iqra Welfare Association has built a deep water project to continue the daily activities of the 600 students.
4
IQRA WELFARE ASSOCIATION Annual Reports & Accounts 2023-2024 Charity Registration Number: 1197747
REGULAR FOOD DISTRIBUTIONS: Iqra Welfare always stands beside the suffering humanity wherever they are. As Bangladesh is a low land populated country, almost every year they are affected by floods. In 2024, lots of people lost their houses, and flood-affected people were suffering from hunger and needed medication. Iqra Welfare distributed flood relief for the poor and suffering peoples.
Feed the Hunger Project: Iqra provides food packets for needy people in the area regularly. Our volunteers are giving food packs to widows and orphans' families. In the picture, lots of people receive regular food, although there is food for one family.
5
IQRA WELFARE ASSOCIATION Annual Reports & Accounts 2023-2024 Charity Registration Number: 1197747
ADVANCEMENT OF EDUCATION: A day workshop programme was held to advance education and improve the class curriculum, and trained teachers on how it can be implemented in the class. Existing and ex-teachers were gathered and gave advice and trained all students, teachers, and management teams on how to run the Iqra Education and Boarding Centre.
6
IQRA WELFARE ASSOCIATION Annual Reports & Accounts 2023-2024 Charity Registration Number: 1197747
Trustees’ Responsibilities
Company law requires the charity trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the results of the return at the period. In preparing those financial reports, the trustees are required to:
-
Select suitable accounting policies and then apply them consistently;
-
Make judgments and estimates that are reasonable and prudent;
-
State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable it to ensure that the financial statements comply with the relevant Act. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps and detect fraud and other irregularities.
Name: Mohammed Shirajul Islam Position: Chair Date: 14[th] September 2025 Signed: ______
7
IQRA WELFARE ASSOCIATION Annual Reports & Accounts 2023-2024 Charity Registration Number: 1197747
Independent Examiner’s Report to the Trustees of Iqra Welfare Association
I report on the accounts of the charity for the year ended 16 November 2024, which are set out on pages 7-8.
Responsibilities and Basis of Report
The charity’s trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 and that an independent examination is required.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act 2011,
-
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b), and
-
to state whether particular matters have come to my attention.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention:
-
which gives me reasonable cause to believe that in any material respect the requirements of the Charities Act 2011 have not been met; or
-
to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
Signed:
Name: Akbar Muhammad Hussain FMAAT
Date: 14[th] September 2025
IQRA WELFARE ASSOCIATION Annual Reports & Accounts 2023-2024 Charity Registration Number: 1197747
Statement of Financial Activities – Income & Expenditure Account
for the year ended 16 November 2024
| Income Received Voluntary donations Expenditure: Postage, Printing & Stationery Advertising, Website Accountancy Bank charges Sundry Charitable donations Total expenditure Surplus/deficit for the year Balance B/F Balance C/F |
Restricted £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 |
Unrestricted £28,589.00 £173.00 £137.00 £400.00 £70.00 £89.00 £14,533.00 £15,402.00 £13,187.00 £12,640.00 £25,827.00 |
2023-24 £28,589.00 £173.00 £137.00 £400.00 £70.00 £89.00 £14,533.00 £15,402.00 £13,187.00 £12,640.00 £25,827.00 |
2022-23 £21,971.00 |
2022-23 |
|---|---|---|---|---|---|
| £335.00 £245.00 £300.00 £62.00 £300.00 £16,220.00 £17,462.00 |
|||||
| £4,509.00 £8,131.00 £12,640.00 |
9
IQRA WELFARE ASSOCIATION Annual Reports & Accounts 2023-2024 Charity Registration Number: 1197747
Balance Sheet as at 16 November 2024
| Cash in hand and at Bank Creditors due within one year Total Assets Less Current Liabilities Net Assets Funds – Restricted Unrestricted General Funds: Total Funds: |
Restricted Unrestricted £0.00 £26,527.00 £0.00 £700.00 £0.00 £25,827.00 £0.00 £25,827.00 £0.00 £0.00 £25,827.00 £25,827.00 |
2023-24 £26,527.00 £700.00 £25,827.00 £25,827.00 £0.00 £25,827.00 £25,827.00 |
2022-23 £12,940.00 £0.00 £12,940.00 |
2022-23 £12,940.00 £0.00 £12,940.00 |
|---|---|---|---|---|
| £12,940.00 | ||||
| £0.00 £12,940.00 |
£0.00 | |||
| £12,940.00 |
These financial statements were approved by trustees on 14[th] September 2025 and signed on their behalf by:
----- Start of picture text -----
________
----- End of picture text -----
10