Registered number 12830044
AL-BARAKA WELFARE TRUST INTERNATIONAL
Accounts
31 August 2024
AL-BARAKA WELFARE TRUST INTERNATIONAL Company Number 12830044 REPORT OF THE TRSTEES for the year ended 31 August 2024
The trustees who are also directors of the charity for the purposes of the Companies act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024. 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 Financal Reporting Standards applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number: 12830044 (England and Wales) Registered Charity number: 1200308
Registered office: 1174 Stratford Road, Hall Green, B28 8AQ
Trustees
Q M Farhan - Consultant A Mahmood - Businessman Mrs A Shaheen - Administrator
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Documents
This report was approved by the trustees on 27 June 2025 and signed on its behalf.
Q M Farhan
Q M Farhan Trustee
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AL-BARAKA WELFARE TRUST INTERNATIONAL Independent Examiner's Report
To the trustees of
AL-BARAKA WELFARE TRUST INTERNATIONAL for the year ended 31 August 2024
We report on the attached accounts for the above period set out on the attached financial pages.
As the charity's board of trustees you are responsible for the preparation of accounts. You consider that the audit requirement of the Charities Act does not apply. It is our resopnsibility to state, on the basis of procedures specified in General Directions given by the Charity Commission under the Act, whether particular matters have come to our attention.
Basis of Independent Examiner's Report
Our 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 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 Management Committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and conseqently we do not express an audit opinion on the view given by the accounts.
Independent Examiner's Statement
In accordance with our examination, no matter has come to our attention:
1 - which gives us reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with the Act and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act.
2 - to which, in our opinion, the attention should be drawn in order to enable a proper understanding or the accounts to be reached.
Abacus Accountancy Support Ltd
Abacus Accountancy Support Ltd Chartered Certified Accountants
742 Bordesley Green Birmingham West Midlands B9 5PQ
27 June 2025
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AL-BARAKA WELFARE TRUST INTERNATIONAL STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 August 2024
| 2024 Unrestrict ed funds Restricted funds Total funds £ £ £ Income and Endowments from Charitable Activities Food Project 4,478 4,478 Water Project - - Generation Donations (inc Gift Aid) 103,449 103,449 Qurbani 3,205 3,205 Zakat 5,445 5,445 Sadaqah/Fitrana 605 605 Medical - - Masjid Construction 9,046 9,046 103,449 22,779 126,228 Expenditure on Charitable activites Food Project 4,478 4,478 Water Project - - Generation Donations (inc Gift Aid) 7,421 7,421 Qurbani 3,205 3,205 Zakat 5,445 5,445 Sadaqah/Fitrana 605 605 Medical - - Masjid Construction 9,046 9,046 Other 103,058 629 103,687 Total 110,479 23,408 133,887 Net Income/(Expenditure) (7,030) (629) (7,659) Reconcilation of Funds Total funds brought forward 20208 629 20,837 Total funds carried forward 13,178 - 13,178 |
2023 Total funds £ 17,677 250 72,201 3,655 1,200 - 520 2,012 97,515 18,466 5,250 13,970 5,000 6,100 1,426 6,774 7,425 58,355 122,766 (25,251) 46,088 20,837 |
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AL-BARAKA WELFARE TRUST INTERNATIONAL Company Number 12830044 Balance Sheet as at 31 August 2024
| Notes Fixed assets Tangible assets 4 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Net assets Funds Unrestricted funds Restricted funds Total funds |
2024 £ 4,632 12,168 (3,622) 8,546 13,178 13,178 - 13,178 |
2023 £ 6,176 15,828 (1,167) 14,661 20,837 20,208 629 20,837 |
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The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The trustees acknowledge their responsibilities for ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006. The trustees also acknowledge their responsibilities for preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and its surplus or deficit for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to small company regime.
The financial statements were approved by the Board of Trustees and authorised for issue and were signed on its behalf by:
Q M Farhan Q M Farhan Trustee Approved by the board on 27 June 2025
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AL-BARAKA WELFARE TRUST INTERNATIONAL Notes to the Accounts for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the 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 the historical cost convention.
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 measure 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Fixtures, fittings, tools and equipment
20%
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
The charity is exempt from corporation tax on its charitable activities.
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AL-BARAKA WELFARE TRUST INTERNATIONAL Notes to the Accounts for the year ended 31 August 2024
Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of trustees. Whereas, 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 a particular restricted purpose.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Hire Purchase and Leasing Commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line baiss over the period of the lease.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
| 2 Net Income/(Expenditure) Net Income/(Expenditure) is stated after charging/(crediting): Depreciation - owned assets Other oeprating leases 3 Employees Average number of persons employed by the company |
2024 £ 1544 36000 37,544 2024 Number 4 |
2023 £ 1544 42135 43,679 2023 Number 1 |
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- 4 Tangible fixed assets
| Cost At 1 September 2023 At 31 August 2024 Depreciation At 1 September 2023 Charge for the year At 31 August 2024 Net book value At 31 August 2024 At 31 August 2023 |
Land and buildings £ 7,720 7,720 1,544 1,544 3,088 4,632 6,176 |
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AL-BARAKA WELFARE TRUST INTERNATIONAL Notes to the Accounts for the year ended 31 August 2024
| 5 Creditors: amounts falling due within one year Creditors and accrued expenses Taxation and social security costs 6 Movement in Funds Unrestried funds Restricted funds Total funds |
At 01/09/2023 £ 20,208 629 20,837 |
2024 £ 3,621 1 3,622 Net Movement in funds £ (7,030) (629) (7,659) |
2023 £ 1,134 33 1,167 At 31/08/2024 £ 13,178 - 13,178 |
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7 Related Party Disclosures
There were no related party transactions for the period.
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AL-BARAKA WELFARE TRUST INTERNATIONAL Summary Statement of Financial Activities for the year ended 31 August 2024
| Total incoming resources Chariable activities Income resources after charitable activities Administrative expenses Premises cost General administrative expenses Legal and professional fees Net Income/(expenditure |
2024 £ 126,228 30,200 96,028 23,077 44,389 8,572 27,649 (7,659) |
2023 £ 97,515 24,725 72,790 2,970 43,135 3,764 48,172 (25,251) |
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AL-BARAKA WELFARE TRUST INTERNATIONAL Detailed Statement of Financial Activities for the year ended 31 August 2024
| Income and Endowments Food Project Water Project Generation Donations (inc Gift Aid) Qurbani Zakat Sadaqah/Fitrana Medical Masjid Construction Total incoming resources Charitable activities Charitable activities Administrative expenses Employee costs: Wages and salaries Travel and subsistence Premises costs: Rent Rates Light and heat Cleaning and waste management General administrative expenses: Telephone and internet Bank charges Insurance Software Repairs and maintenance Depreciation Sundry expenses Legal and professional costs: Accountancy fees Management fees Advertising and PR Other legal and professional Total resources expended Net Income/(Expenditure) |
2024 £ 4,478 - 103,449 3,205 5,445 605 - 9,046 126,228 30,200 23,077 - 23,077 36,000 241 7,321 827 44,389 1,953 302 285 - 1,343 1,544 3,145 8,572 2,110 - 16,129 9,410 27,649 103,687 133,887 (7,659) |
2023 £ 17,677 250 72,201 3,655 1,200 - 520 2,012 97,515 24,725 2,200 770 2,970 42,135 - 1,000 - 43,135 1,153 317 - 450 300 1,544 - 3,764 1,446 3,930 29,116 13,680 48,172 98,041 122,766 (25,251) |
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