2024-03-31-accounts - Uwaisia Foundation

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REGISTERED CHARITY: 1198802 COMPANY NUMBER: CE028919

UWAISIA FOUNDATION

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2023 TO 31 MARCH 2024

REFERENCE AND ADMINISTRATIVE DETAILS

The trustees, present their report with the financial statements of the charity for the period 1[st] April 2023 to 31[st] March 2024.

INCORPORATION

The CIO Foundation was incorporated on 03 May 2022.

Registered Charity Number

1198802

Registered Office

521 Romford Road London E7 8AD

Trustees

Mr Tariq Khurshid Dar Trustee Miss Kasthuri Thevarajaha Trustee

appointed 30.12.22 - appointed 30.12.22

STRUCTURE, GOVERNANCE AND MANAGEMENT

Board of Trustees

The Board of Trustees sets our future aims and priorities focusing on strategic planning and governance and also evaluates our performance and progress in our work to alleviate poverty and suffering.

The Board of Trustees appraises the Senior Management Team and can make appointments to it as well as dismissals. The Board of Trustees also make sure that we satisfy the regulatory requirements on us as a charity and works with key stakeholders.

Recruiting and Appointing Trustees

All our trustees are volunteer, chosen because they all have the diverse range of skills, knowledge and experience that we need to respond to the challenges of today. Stakeholders and partners may nominate trustees and sometimes we will make a personal approach to potential candidates.

Governing document

Uwaisia Foundation refers to the charity incorporated organisation with a governing document known as CIO constitution by foundation originally incorporated on 03 May 2022.

Responsibilities of Trustees

The annual report and financial statements are prepared according to the relevant law and approved by the trustees.

The trustees keep adequate accounting records and they show and explain our transactions. The records also disclose our financial position with reasonable accuracy at any time and enable trustees to ensure that the financial statements comply with Charity Commission Statement of Recommended Practice (SORP) 2015.

Grant Making Policies

We provide grants to projects if the request meets our charitable objectives and criteria. Project grant making is managed according to a designated process, which is documented in our Operational Risk-Management Framework. We aim to treat all grant applications professionally, equally and fairly. We make the final decision as to eligibility to receive a grant, at our discretion.

Public Benefit

We develop strategic plans to make certain that we provide maximum public benefit and achieve our strategic objectives, which fall under purposes defined by the Charity Act 2006.

Objectives and Strategic activities

The objects of the charity are set below:

A. TO ADVANCE THE RELIGION OF ISLAM WHILE CONTRIBUTING TO THE SPIRITUAL AND MORAL EDUCATION OF THE PEOPLE THROUGH THE PROVISION OF PLACES OF WORSHIP (MOSQUES) FOR THOSE LIVING IN SOCIOECONOMICALLY DISADVANTAGED REGIONS IN THE WORLD, ESPECIALLY PAKISTAN, WHICH WILL ALSO BE USED FOR COMMUNITY ACTIVITIES TO CONTRIBUTE TOWARDS A BETTER SOCIETY BY PROMOTING SOCIAL COHESION AND SOCIAL CAPITAL.

B. THE PREVENTION AND RELIEF OF FINANCIAL HARDSHIP AMONG THOSE SUFFERING FROM THE CONSEQUENCES OF ECONOMIC & SOCIAL DISADVANTAGES IN THE UK AND OVERSEAS, ESPECIALLY MINORITIES, THROUGH THE PROVISION OF ITEMS, SERVICES, AND GRANTS, IN COORDINATION WITH INDIVIDUALS AND LOCAL ORGANISATIONS.

Financial Review

The charity received sum of £0 in donations from various sources.

The charity does not have any reserve policy.

No funds are in deficit at the balance sheet

Declaration

The trustees declare that they have approved the trustees report above.

Signed on behalf of the charity’s trustees.

Signature Name: Kasthuri Thevarajaha Position: Trustee Date: 10/09/2024

Charity name	Charity name	No (if any)	No (if any)
Uwaisia Foundation		1198802
Receipts and payments accounts
For the period from	Period start date	To	Period end date 31-Mar-24
	1-Apr-23

Section A Receipts and payments

A1 Receipts	Unrestricted funds To the nearest £	Restricted funds To the nearest £	Endowment funds To the nearest £	Total funds To the nearest £	Last year To the nearest £
Donation	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Sub total(Gross income for AR)	-	-	-	-	-

A2 Asset and investment sales, (see table).


Sub total	-	-	-	-	-
Total receipts A3 Payments
	-	-	-	-	-

Charitable Activities	-	-	-	-	-
Administrative expense	-	-	-	-	-
Governance cost	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Sub total	-	-	-	-	-

A4 Asset and investment purchases, (see table)
	-	-	-	-	-
	-	-	-	-	-
Sub total Total payments	-	-	-	-	-
	-	-	-	-	-
Net of receipts/(payments)	-	-	-	-	-
A5 Transfers between funds	-	-	-	-	-
A6 Cash funds last year end	-	-	-	-	-
Cash funds this year end	-	-	-	-	-

Section B Statement of assets and liabilities at the end of the period

Details	Details	Unrestricted funds	Restricted funs	Restricted funs	Endowment funds
Cash in hand & at Bank		-	-		-
		-	-		-
Total Cash funds		-	-		-
		-	-		-
(agree balances with receipts and payments account(s)) Details		Agreement Error	OK		OK
		Unrestricted funds To nearest £	Restricted funds To nearest £		Endowment funds To nearest £
		-	-		-
		-	-		-
		-	-		-
		-	-		-
Details		Funds to which assets belong	Cost (Optional)		Current value (Optional)
			-		-
			-		-
			-		-
			-		-
Details		Funds to which assets belong	Cost (Optional)		Current value (Optional)
			-		-
			-		-
			-		-
			-		-
Details		Funds to which liability belong	Amount due (Optional)		When due (Optional)
				-
				-
				-
				-

Signature	Print Name			Date of approval
	Kasthuri Thevarajaha			10/09/2024