2023-07-12-accounts - Hayya Alal Falah Welfare Foundation UK

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REGISTERED CHARITY NUMBER: 1200026

Report of the Trustees and

Unaudited Financial Statements for the Period Ended 12 July 2023

for

Hayya Alal Falah Welfare Foundation UK

Contents of the Financial Statements for the Period Ended 12 July 2023

	Page
Report of the Trustees	1
Independent Examiner's Report	2
Statement of Financial Activities	3
Balance Sheet	4
Notes to the Financial Statements	5 to 9
Detailed Statement of Financial Activities	10

Hayya Alal Falah Welfare Foundation UK

Report of the Trustees

for the Period Ended 12 July 2023

The trustees present their report with the financial statements of the charity for the year ended 12 July 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

HAYYA Alal Falah Welfare Foundation UK aims to be a platform for the prevention and providing relief of property by making grants to individuals and providing grants to other charitable organisations as well. We will also engage with communities to provide safe drinking water to underprivileged areas. Ultimately, Hayya Ala Falah Welfare Foundation UK aims to alleviate poverty by empowering people with skills and knowledge with which they will be able to earn a living.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1200026

Principal address

102 Long Furlong Drive, Slough SL2 2PG

Trustees

Dr. M A Faridi Chair Dr. N Arshad Trustee Mr. Q Farooq Trustee

Independent Examiner

TAA Consultants 814 Dunstable Road Luton LU4 0HG

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

.......................................................... Dr M A Faridi - Trustee

Page 1

Independent Examiner's Report to the Trustees of Hayya Alal Falah Welfare Foundation UK

Independent examiner's report to the trustees of Hayya Alal Falah Welfare Foundation UK

I report to the charity trustees on my examination of the accounts of Hayya Alal Falah Welfare Foundation UK (the Trust) for the Period ended 12 July 2023.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

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 in order to enable a proper understanding of the accounts to be reached.

Muhammad Talha Rehman

Taa Consultants 814 Dunstable Road Luton, LU4 0HG

Date: .............................................

Page 2

Hayya Alal Falah Welfare Foundation UK Statement of Financial Activities for the Period Ended 12 July 2023 Notes INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Poverty prevention causes Other Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	12.7.23 Total funds £ 26,698 19,000 3,306 22,305 4,392 - 4,392	12.7.23 Total funds £ 26,698 19,000 3,306 22,305 4,392 - 4,392



		4,392

The notes form part of these financial statements

Page 3

Hayya Alal Falah Welfare Foundation UK

Balance Sheet 12 July 2023 Notes CURRENT ASSETS Cash at bank CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 1 Unrestricted funds TOTAL FUNDS		12.7.23 Total funds £ 4,392 - 4,392 4,392 4,392 4,392 4,392

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. Mr M A Faridi- Chair

The notes form part of these financial statements

Page 4

Hayya Alal Falah Welfare Foundation UK

Notes to the Financial Statements for the Period Ended 12 July 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial reporting Standard applicable in the UK and Republic of Ireland" and the companies Act 2006.

The financial statements have been prepared under historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the Period ended 12 July 2023.

Trustees' expenses

Travel expenses of £693 were re-imbursed to Dr A Faridi which were incurred during the course of charitable activities.

Page 5

continued...

Hayya Alal Falah Welfare Foundation UK

Notes to the Financial Statements - continued for the Period Ended 12 July 2023

3. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Unrestricted funds At 10.8.22 £ General fund - TOTAL FUNDS - Net movement in funds, included in the above are as follows: Unrestricted funds Incoming resources £ General fund 26,689 TOTAL FUNDS 26,689	Net movement in funds £ 4,392	At 12.7.23 £ 4,392 4,392 Movement in funds £ (4,392)
	4,392 Resources expended £ (22,305)
	(22,305)	(4,392)

Page 6

continued...

Hayya Alal Falah Welfare Foundation UK

Notes to the Financial Statements - continued

for the Period Ended 12 July 2023

4. RELATED PARTY DISCLOSURES

There were no related party transactions for the period ended 12 July 2023.

Page 7

Hayya Alal Falah Welfare Foundation UK Detailed Statement of Financial Activities for the Period Ended 12 July 2023 INCOME AND ENDOWMENTS Donations and legacies Donations Total incoming resources EXPENDITURE Charitable activities Poverty relief causes Support costs Finance Other costs (Travel, Website, Bank Charges) Total resources expended Net expenditure		31.7.23 £ 26,698 26,698 18,999 18,999 3,306 22,305 (4,392)	31.7.23 £ 26,698 26,698 18,999 18,999 3,306 22,305 (4,392)

This page does not form part of the statutory financial statements

Page 8