**KARIM FOUNDATION TRUST Charity number: 1198174** 

**TRUSTEE'S ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 08 MARCH 2022 TO 31 MARCH  2023** 



## **KARIM FOUNDATION TRUST** 

## **Trustee’s Report and Financial Statements For the Period 08 March 2022 to 31 March 2023** 

|**Contents**|**Page**|
|---|---|
|Administration Details|1|
|Trustees Report|2|
|Independent Examiners Report|3|
|Income and Expenditure Account|4|
|Balance Sheet|5|
|Detailed Income and Expenditure Account|6|





## **KARIM FOUNDATION TRUST Annual Report For the Period 08 March 2022 to 31 March 2023** 

## **Administration Details** 

**Charity Registration Number** 1198174 **Registered Office** 1 MANORWAY WOODFORD GREEN IG8 7QZ 

## **Names of the Charity Trustees who manage the Charity** 

1. Mohammed Shahadoth Karim Chair person 2. Mohammed Sadik Karim 3. Mohammed Abdul Karim 4. Mohammed Shabab Karim 5. Mohammed Zakir Karim 

6. Tahsin Karim 7. Shahazadi Choudhury 

8. Rahmin Karim 

9. Mohammed Mahfuzur Rahman 

## **Independent Examiner** 

Mohammed Tareq Mahamud Apex Accountancy 88a George Lane London E18 1JJ 

Page 1 



## **KARIM FOUNDATION TRUST** 

## **Charity Registration No. 1198174 Trustees Report for the Period 08 March 2022 to 31 March 2023** 

The financial results are set out in the enclosed accounts. 

## **Objectives & Activities** 

The prevention or relief of poverty and humanitarian support in EMEA and APAC with particular focus on Bangladesh and the UK. The charity achieves this through providing grants, gifts and services to individuals in need, charities and other organisations working to prevent or relieve poverty and providing humanitarian relief. 

## **What the charity does:** 

- General Charitable Purposes 

- Education/training 

- The Advancement Of Health Or Saving Of Lives 

- Disability 

- The Prevention Or Relief Of Poverty 

- Overseas Aid/famine Relief 

- Religious Activities 

- Economic/community Development/employment 

## **Who the charity helps:** 

- Children/young People 

- Elderly/old People 

- People With Disabilities 

- Other Charities Or Voluntary Bodies 

- The General Public/mankind 

## **How the charity helps:** 

- Makes Grants To Individuals 

- Makes Grants To Organisations 

## **Where the charity operates:** 

- Throughout England And Wales 

- Algeria 

- Bangladesh 

- Egypt 

- Ethiopia 



- Lebanon 

- Libya 

- Mauritania 

- Morocco 

- Syria 

- The Gambia 

- Tunisia 

- Turkey 

## **Declaration** 

We confirm that the information produced to enable the independent examination of our accounts to be conducted does contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief. We have approved the Trustees' report. 

Signed on behalf of the charity’s trustees 

Name:         Mohammed Shahadoth Karim 

Position:       Chairperson 

Date:          15/03/2023 

Page 2 

## **KARIM FOUNDATION TRUST** 

## **Independent Examiner’s Report on the Accounts** 

Report on the accounts of the charity for the year ended 30th November 2022 set out on the 

following pages 

## **Respective responsibilities of the Trustees and Examiner** 

The charity’s trustees are responsible for the preparation of the accounts. The charity’s 

trustees consider that an audit is not required for this year under section 144(2) of the 



Charities Act 2011 and that an independent examination is needed. 

It is my responsibility to examine the accounts under 145 of the 2011 Act, follow the procedures laid down in the General Direction given by the Charity Commission under section 145(5)(b)of the 2011 Act; and state whether particular matters have to come to my attention. 

## **Basis of independent examiner’s report** : 

Our examination was carried out according to the General Directions given by the 

Charity Commission. An examination includes a review of the accounting records kept by 

charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts and seeking explanations from 

the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view ‘and the report is limited to those matters set out in the statements below. 

## **Independent examiner’s statement** : 

In connection with our examination, no matter has come to our attention that gives us reasonable cause to believe that, in any material respect, the requirements to keep accounting 

records following section 41 of the 1993 Act; and to prepare accounts which accord 

with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met. I have no concerns and have come across no other matters in connection. with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached. 

Mohammed Tareq Mahamud 

Apex Accountancy 

88a George Lane London E18 1JJ 15/03/2024 



Page 3 

**KARIM FOUNDATION TRUST** 

**Income and Expenditure Accounts** 

**For the Period 8 March 2022 to 31 March 2023** 



|||**31 March**|
|---|---|---|
|||**2023**|
||**Notes**|**£**|
|**TURNOVER**||**25,921**|
|**GROSS PROFIT**||**25,921**|
|Distribution costs||(480 )|
|Administrative expenses||(6,259 )|
|OPERATING SURPLUS AND SURPLUS FOR THE FINANCIAL PERIOD||19,182|



Page 4 

**KARIM FOUNDATION TRUST Balance Sheet As At 31 March 2023** 



|||**31 March**|**2023**|
|---|---|---|---|
||**Notes**|**£**|**£**|
|**CURRENT ASSETS**||||
|Cash at the bank and in hand||20,137||
|||**20,137**||
|**Creditors: Amounts Falling Due Within One Year**|**4**|**(955 )**||
|**NET CURRENT ASSETS (LIABILITIES)**|||**19,182**|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**|||**19,182**|
|**NET ASSETS**|||**19,182**|
|Profit and Loss Account|||19,182|
|**OPERATING FUNDS**|||**19,182**|



Page 5 

## **KARIM FOUNDATION TRUST Trading Profit and Loss Account For the Period 8 March 2022 to 31 March 2023** 

||**31 March 2023**|**31 March 2023**|
|---|---|---|
||**£**|**£**|
|**TURNOVER**|||
|Donation received||24,206|
|Gift aid||1,715|





|||25,921|
|---|---|---|
|GROSS PROFIT||25,921|
|**Distribution Costs**|||
|Travel and subsistence expenses|480||
|||(480 )|
|**Administrative Expenses**|||
|Printing, postage, and stationery|120||
|Telecommunications and data costs|60||
|Accountancy fees|295||
|Bank charges|54||
|Charitable activities|5,731||
|Sundry expenses|(1 )||
|||(6,259 )|
|OPERATING SURPLUS AND SURPLUS FOR THE FINANCIAL PERIOD||19,182|



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