Charity number: 1198255
Sakeenah Foundation
Trustees' report and financial statements
for the year ended 31 March 2023
Sakeenah Foundation
Contents
Page Legal and administrative information Trustees report 2 - 3 Independent examiners' report Statement of financial activities Balance sheet Notes to the financial statements 7 - 9
Sakeenah Foundation
Legal and administrative information
| Charity number | 1198255 |
|---|---|
| Business address | Fairgate House |
| 205 Kings Road | |
| Tyseley | |
| Birmingham | |
| B11 2AA | |
| Registered office | Fairgate House |
| 205 Kings Road | |
| Tyseley | |
| Birmingham | |
| B11 2AA | |
| Trustees | Thaminah Choudhury |
| Shuaib Afzal | |
| Rashda Shanaz | |
| Hana Imaan | |
| Chair | Thaminah Choudhury |
| Accountants | SF Chartered Certified Accountants |
| Fairgate House | |
| 205 Kings Road | |
| Tyseley | |
| Birmingham | |
| B11 2AA |
Page 1
Sakeenah Foundation
Report of the trustees
for the year ended 31 March 2023
The trustees present their report and the financial statements for the year ended 31 March 2023. The trustees who served during the year and up to the date of this report are set out on page 1.
Structure, governance and management
Sakeenah Foundation is a CIO. It was formed in March 2022.
Objectives and activities
Sakeenah Foundation exists to represent, support, invest, and advocate for vulnerable Muslim’s in Britain, while maintaining their identity, religion and culture. The organisation focuses on supporting and providing guidance to victims who have experienced domestic abuse or any forms of harm towards them.
Financial review
During the year, the charity received gross donations of £13,693 and expended £8,473 resulting in a surplus of £5,220 which is carried forward to next year.
Statement of trustees' responsibilities
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:
Page 2
Sakeenah Foundation
Report of the trustees
for the year ended 31 March 2023
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board
Thaminah Choudhury
Trustee
Page 3
Sakeenah Foundation
Independent examiner's report to the trustees on the unaudited financial statements of Sakeenah Foundation.
I report on the accounts of Sakeenah Foundation for the year ended 31 March 2023 set out on pages 2 to 9.
Respective responsibilities of trustees and independent examiner
As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act), as amended by section 28 of the Charities Act 2006 does not apply and that an independent examination is needed. It is my responsibility to examine the accounts under section 43(3)(a) of the Act, as amended; to follow the procedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, as amended; and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as 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 statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
(i) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep proper accounting records in accordance with section 41 of the Act; and
-
to prepare accounts which accord with the accounting records and to comply with the
-
accounting requirements of the Act
- have not been met; or
(ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
...........................................................
Farah Saddique
FCCA Independent examiner Fairgate House 205 Kings Road Tyseley Birmingham B11 2AA
Page 4
Sakeenah Foundation
Statement of financial activities
For the year ended 31 March 2023
| Unrestricted Restricted funds funds Notes £ £ Incoming resources Incoming resources from generating funds: Voluntary income 2 13,693 - _ _ Total incoming resources 13,693 - _ _ Resources expended Support payments and grants 2,006 - Staff training 950 - Advertising and events 5,253 - Telephone 24 - Legal and professional 120 - Subscriptions 120 - _ _ Total resources expended 8,473 - _ _ Total funds brought forward - - _ _ Total funds carried forward 5,220 - |
2023 Total £ 13,693 _ 13,693 _ 2,006 950 5,253 24 120 120 _ 8,473 _ - _ 5,220 |
2022 Total £ - _ - _ - - - - - - _ - _ - _ - |
|---|---|---|
The notes on pages 7 to 8 form an integral part of these financial statements.
Page 5
Sakeena Foundation
Balance sheet as at 31 March 2023
| Notes Current assets Cash at bank and in hand Net current assets Net assets Funds Restricted income funds Unrestricted income funds Total funds |
2023 £ £ 5,220 _ 5,220 5,220 _ 5,220 _ - 5,220 _ 5,220 |
2022 £ £ - _ - - _ - _ - - _ - |
2022 £ £ - _ - - _ - _ - - _ - |
|---|---|---|---|
| _ - |
|||
| _ - - |
|||
| _ - |
The financial statements were approved by the trustees on 25 January 2024 and signed on its behalf by
Thaminah Choudhury Trustee
The notes on pages 7 to 8 form an integral part of these financial statements.
Page 6
Sakeenah Foundation
Notes to financial statements for the year ended 31 March 2023
1. Accounting policies
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
1.1. Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the Charities Act 1993.
1.2. Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included. Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
1.3. Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
1.4. Research and development
Research expenditure is written off to the profit and loss account in the year in which it is incurred.
2. Voluntary income
| Unrestricted funds £ Donations 13,693 _ 13,693 |
Restricted funds £ - _ - |
2022 Total £ 13,693 _ 13,693 |
2021 Total £ - _ - |
|---|---|---|---|
Page 7
Sakeenah Foundation
Notes to financial statements for the year ended 31 March 2023
3. Employees
Employment costs
No salaries or wages have been paid to employees, including the trustees, during the year.
Number of employees
The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of full time equivalents, was as follows:
2022 2021 Number Number _ _
4. Analysis of net assets between funds
5.
| Analysis of net assets between funds | ||
|---|---|---|
| Fund balances at 31 March 2023 as represented by: Current assets Unrestricted funds Unrestricted Fund |
Unrestricted Restricted funds funds £ £ 5,220 - _ _ 5,220 - _ _ At 1 Apr Incoming Outgoing 2022 resources resources £ £ £ - 13,693 (8,473) |
Total funds £ 5,220 |
| _ 5,220 |
||
| _ At 31 Mar 2023 £ 5,220 |
Unrestricted funds
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