REGISTERED CHARITY NUMBER: 1201411
Report of the Trustees and
Financial Statements for the Year Ended 26 October 2024
for Safeena
Abraham Accountants Sher House 46 Houghton Place Bradford West Yorkshire BD1 3RG
Safeena
Contents of the Financial Statements for the Year Ended 26 October 2024
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 to 4 |
| Balance Sheet | 5 to 6 |
| Notes to the Financial Statements | 7 to 10 |
| Detailed Statement of Financial Activities | 11 |
Safeena
Report of the Trustees for the Year Ended 26 October 2024
The trustees present their report with the financial statements of the charity for the year ended 26 October 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 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
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
1201411
Principal address
46 Houghton Place Bradford West Yorkshire BD1 3RG
Trustees
Ms Ambreen Tariq Ms Zahida Ramzan-Asghar Ms Safia Bibi Nazir Mr Sarfraz Nazir
Independent Examiner
Abraham Accountants Limited Abraham Accountants Sher House 46 Houghton Place Bradford West Yorkshire BD1 3RG
Approved by order of the board of trustees on 19 August 2025 and signed on its behalf by:
Mr Sarfraz Nazir - Trustee
Page 1
Independent Examiner's Report to the Trustees of Safeena
Independent examiner's report to the trustees of Safeena
I report to the charity trustees on my examination of the accounts of Safeena (the Trust) for the year ended 26 October 2024.
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.
Abraham Accountants Limited
Abraham Accountants Sher House 46 Houghton Place Bradford West Yorkshire BD1 3RG
Date: .............................................
Page 2
Safeena
Statement of Financial Activities for the Year Ended 26 October 2024
| Period | |||
|---|---|---|---|
| 2/12/22 | |||
| Year Ended | to | ||
| 26/10/24 | 26/10/23 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS | |||
| FROM | |||
| Donations and legacies | 49,104 | 35,973 | |
| EXPENDITURE ON | |||
| Other | 26,909 | 9,504 | |
| NET INCOME | 22,195 | 26,469 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 25,385 | - | |
| TOTAL FUNDS CARRIED | |||
| FORWARD | 47,580 | 26,469 |
The notes form part of these financial statements
Page 3
Safeena
Statement of Financial Activities for the Year Ended 26 October 2024
Surplus and Deficit Account 968
Posting discrepancies were found in the reserve accounts listed below. This is because the brought forward postings in the current year are not equal to the figures carried forward by IRIS at the end of last year. Please check your postings in the brought forward account for the surplus and deficit account 968.
| Unrestricted | ||
|---|---|---|
| funds | Total funds | |
| £ | £ | |
| Brought forward - 968/1 | 25,385 | 25,385 |
| Carried forward | 26,469 | 26,469 |
| Difference | 1,084 | 1,084 |
Post to relevant accounts (see UCHA chart of accounts for further details)
The notes form part of these financial statements
Page 4
Safeena
Balance Sheet 26 October 2024
| 2024 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank and in hand 47,930 CREDITORS Amounts falling due within one year 4 (350) NET CURRENT ASSETS 47,580 TOTAL ASSETS LESS CURRENT LIABILITIES 47,580 NET ASSETS 47,580 |
2023 Total funds £ 27,169 (700) 26,469 26,469 26,469 |
|---|---|
The notes form part of these financial statements
Page 5
continued...
Safeena
Balance Sheet - continued 26 October 2024
| FUNDS 5 Unrestricted funds TOTAL FUNDS |
47,580 47,580 |
26,469 |
|---|---|---|
| 26,469 |
The financial statements were approved by the Board of Trustees and authorised for issue on 19 August 2025 and were signed on its behalf by:
Mr Sarfraz Nazir - Trustee
Ms Ambreen Tariq - Trustee
Ms Zahida Ramzan-Asghar - Trustee
Ms Safia Bibi Nazir - Trustee
The notes form part of these financial statements
Page 6
Safeena
Notes to the Financial Statements for the Year Ended 26 October 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. 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 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.
continued...
Page 7
Safeena
Notes to the Financial Statements - continued for the Year Ended 26 October 2024
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 26 October 2024 nor for the period ended 26 October 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 26 October 2024 nor for the period ended 26 October 2023.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 35,973 |
| EXPENDITURE ON | |
| Other | 9,504 |
| NET INCOME | 26,469 |
| TOTAL FUNDS CARRIED | |
| FORWARD | 26,469 |
continued...
Page 8
Safeena
Notes to the Financial Statements - continued for the Year Ended 26 October 2024
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |
|---|---|---|---|---|
| 2024 | 2023 | |||
| £ | £ | |||
| Trade creditors | 350 | 700 | ||
| 5. | MOVEMENT IN FUNDS | |||
| Net | ||||
| At | movement | At | ||
| 27/10/23 | in funds | 26/10/24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 25,385 | 22,195 | 47,580 | |
| TOTAL FUNDS | 25,385 | 22,195 | 47,580 | |
| Net movement in funds, included in the above | are as follows: | |||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 49,104 | (26,909) | 22,195 | |
| TOTAL FUNDS | 49,104 | (26,909) | 22,195 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| in funds | 26/10/23 | |||
| £ | £ | |||
| Unrestricted funds | ||||
| General fund | 26,469 | 26,469 | ||
| TOTAL FUNDS | 26,469 | 26,469 |
continued...
Page 9
Safeena
Notes to the Financial Statements - continued for the Year Ended 26 October 2024
5. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 35,973 (9,504) 26,469 35,973 (9,504) 26,469 |
|---|---|
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 26 October 2024.
Page 10
Safeena
Detailed Statement of Financial Activities for the Year Ended 26 October 2024
| Period | ||
|---|---|---|
| 2/12/22 | ||
| Year Ended | to | |
| 26/10/24 | 26/10/23 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 49,104 | 35,973 |
| Total incoming resources | 49,104 | 35,973 |
| EXPENDITURE | ||
| Other | ||
| Wages | 697 | 4,453 |
| Support costs | ||
| Management | ||
| Insurance | 237 | 224 |
| Sundries | 19,050 | 2,434 |
| 19,287 | 2,658 | |
| Finance | ||
| Postage and stationery | 113 | 292 |
| Other 2 | ||
| Advertising | 6,812 | 2,101 |
| Total resources expended | 26,909 | 9,504 |
| Net income | 22,195 | 26,469 |
This page does not form part of the statutory financial statements
Page 11