**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
- 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**
**Page 8**