**PWT (Potohar Welfare Trust)** 

## **Receipts and Payments Accounts for the period 24[th] February 2023** 

## **to 31[st] March 2024** 

Charity Assist Accountants Ltd 

Certified Public Accountants and Charity Independent Examiners 

Unit 27 Batley Enterprise Centre 

513 Bradford Road Batley West Yorkshire 

WF17 8LL 



1 



**PWT (Potohar Welfare Trust)** 

## **Receipts and Payments Accounts for the period 24[th] February 2023** 

## **to 31[st] March 2024** 

**Content                                                                                                             Page** Basic information                                                                                                                 3 Trustees’ annual report                                                                                                     4 -7 Receipts and payments accounts                                                                                     8-9 



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**PWT (Potohar Welfare Trust)** 

## **Receipts and Payments Accounts for the period 24[th] February 2023** 

## **to 31[st] March 2024** 

## **Basic information** 

## **Address** 

60 Hayes Lane Stourbridge DY9 8RD 

## **Bank** 

Wise Payments Ltd 

6[th] Floor, The Tea Building 56 Shoreditch High Street 

London E1 6JJ 

## **Accountants** 

Charity Assist Accountants Ltd Unit 27 Batley Enterprise Centre 

Batley 

West Yorkshire 

WF17 8LL 

## **Charity registration number** 

1202078 



3 



## **PWT (Potohar Welfare Trust)** 

## **Receipts and Payments Accounts for the period 24[th] February 2023** 

# **to 31[st] March 2024** 

||**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|**Trustees' Annual Report for the period**|
|---|---|---|---|---|---|---|---|---|
||**From**|Period start date|||**To**|Period end date|||
|||24th|Feb|2023||31st|Mar|2024|



## **Section A                        Reference and administration details** 

PWT (Potohar Welfare Trust) 

**Charity name** 

**Other names charity is known by** 

**Registered charity number (if any)** 1202078 

**Charity's principal address** 60 Hayes Lane 

Stourbridge **Postcode** DY9 8RD 


## **Names of the charity trustees who manage the charity** 

|1<br>2<br>3|**Trustee name**|**Office (if any)**|
|---|---|---|
||Zahir Hussain Azram||
||Hassam Munir||
||Aisha Azram||



4 



**PWT (Potohar Welfare Trust)** 


## **Receipts and Payments Accounts for the period 24[th] February 2023** 

## **to 31[st] March 2024** 

## **Section B              Structure, governance and management** 

## **Description of the charity’s trusts** 

CIO- Foundation registered 24 February 2023 Type of governing document 

- (eg. trust deed, constitution) 

How the charity is constituted 

- (eg. trust, association, company) 

## **Appointment of trustees** 

Trustee selection methods 

1. Apart from the first charity trustees, every trustee must be 

(eg. appointed by, elected by) appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. 

   2. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. 

## **Section C                    Objects and activities** 

The objects of the charity are: 

1. To advance the Islamic religion in the UK for the benefit of the public, particularly but not exclusively through the holding of prayer meetings and producing and/or distributing Islamic literature to enlighten others about the Islamic religion. 

2. To relieve poverty and sickness in Pakistan by assisting in the distribution of medicine, food and water, the provision of an ambulance service and the building of a new hospital, in particular, but without limitation, by the provision of grants. 

**Summary of the objects of the charity set out in its governing document** 

3. To advance education in Pakistan by providing educational materials such as uniforms and equipment. 

4. To relieve the needs and suffering among victims of natural or other kinds of disaster, by providing financial assistance or food or by any other means necessary as determined by the trustees. 

5 



**PWT (Potohar Welfare Trust)** 


## **Receipts and Payments Accounts for the period 24[th] February 2023** 

## **to 31[st] March 2024** 

Charity commission requires the trustees of a charity to: 

- Select suitable accounting policies and then apply them, consistently; 

- Observe the methods and principles in the charities SORP; 

- Make judgement and accounting estimates that are reasonable and prudent; 

**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** 

- State whether applicable accounting standards have been followed subject to any material departures disclosed and explained in the financial statements; 

- Prepare the financial statements on the going concern basis unless there is a reason to believe that the Association will not continue for the foreseeable future. 

The Trustees are responsible for the keeping of proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charity Act 2011. 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. 

## **Section D                      Achievements and performance** 


The charity has started its activities in order to achieve its charitable objects. During the year they were able to send funds to Pakistan to support ongoing projects. 

**Summary of the main achievements of the charity during the year** 

6 



**PWT (Potohar Welfare Trust)** 


## **Receipts and Payments Accounts for the period 24[th] February 2023** 

## **to 31[st] March 2024** 

## **Section E                    Financial review** 

The charity holds no reserves at the moment as it has just started its **Brief statement of the** activities. **charity’s policy on reserves** 

## **Section F                   Declaration** 

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

**Signed on behalf of the charity’s trustees** 

**Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date** 


7 



||||**PWT (Potohar Welfare Trust)**|**PWT (Potohar Welfare Trust)**|**PWT (Potohar Welfare Trust)**|**PWT (Potohar Welfare Trust)**|**PWT (Potohar Welfare Trust)**|**PWT (Potohar Welfare Trust)**|**PWT (Potohar Welfare Trust)**|**PWT (Potohar Welfare Trust)**|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Receipts and**||**Payments Accounts for the period**|||||||||**24th February 2023**||||||||
|||||**to**|**31st March**||**2024**||||||||||||
||||||||||||||||||||
||||**Charity Name**|||||||||**No (if any)**|||||||
||||**PWT(Potohar Welfare Trust)**|||||||||**1202078**|||||||
||||**Receipts andpayments accounts**|||||||||||||**CC16a**|||
||||**For the period**<br>**from**|||24/02/2023<br>Period start date|||**To**||||31/03/2024<br>Period end date||||||
||||||||||||||||||||
|**Section A**|**Receipts and payments**||||||||||||||||||
||||**Unrestricted**<br>**funds**|||**Restricted**<br>**funds**||**Endowment**<br>**funds**|||||**Total funds**|||**Last year**|||
||||**to the nearest**<br>**£**|||**to the nearest £**||**to the**|**nearest £**||||**to the nearest £**|||**to the nearest**|**£**||
|**A1 Receipts**|||||||||||||||||||
|Donations||||**11,033**||**-**||||**-**|||**11,033**||||**-**||
|**_Sub total_**_(Gross income for_<br>_AR)_||||**11,033**||**-**||||**-**|||**11,033**||||**-**||
||||||||||||||||||||
|**A2 Asset and investment sales,**|||||||||||||||||||
|**(see table).**|||||||||||||||||||
|||||**-**||**-**|||||**-**|||**-**|||||
|||||**-**||**-**|||||**-**|||**-**|||**-**||
||**_Sub_**|**_total_**||**-**||**-**|||||**-**|||**-**|||**-**||
||||||||||||||||||||
||**_Total receipts_ **|||**11,033**||**-**|||||**-**||**11,033**||||**-**||
||||||||||||||||||||
|**A3 Payments**|||||||||||||||||||
|Bank charges||||**45**||**-**||||**-**||||**45**|||**-**||
|Charitable donations||||**500**||**-**||||**-**||||**500**|||**-**||
|Governance||||**1,200**||**-**||||**-**|||**1,200**||||**-**||
|Grants Pakistan||||**5,000**||**-**||||**-**|||**5,000**||||**-**||
|Printing,postage & stationery||||**51**||||||||||**51**|||**-**||
||**_Sub_**|**_total_ **||**6,796**||**-**||||**-**|||**6,796**||||**-**||
||||||||||||||||||||
|**A4 Asset and investment**|||||||||||||||||||
|**purchases, (see table)**|||||||||||||||||||
|||||**-**||**-**|||||**-**|||**-**|||**-**||
|||||**-**||**-**|||||**-**|||**-**|||||
||**_Sub_**|**_total_ **||**-**||**-**|||||**-**|||**-**|||**-**||
||||||||||||||||||||
||**_Totalpayments_ **|||**6,796**||**-**|||||**-**||**6,796**||||**-**||
||||||||||||||||||||
|**_Net of receipts/(payments)_**||||**4,237**||**-**|||||**-**||**4,237**||||**-**||
|**A5 Transfers between funds**||||**-**||**-**||||**-**||||**-**|||**-**||
|**A6 Cash funds**|**lastyear end**|||**-**||**-**||||**-**||||**-**|||**-**||
|**_Cash funds thisyear end_**||||**4,237**||**-**|||||**-**||**4,237**||||**-**||
|||||||8|||||||||||||





**PWT (Potohar Welfare Trust)** 

## **Receipts and Payments Accounts for the period 24[th] February 2023** 

## **to 31[st] March 2024** 

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

|**Categories**|**Details**|**Details**|**Details**||**Unrestricted**<br>**funds**||**Restricted**<br>**funds**||**Endowment**<br>**funds**|
|---|---|---|---|---|---|---|---|---|---|
||||||**to nearest £**||**to nearest £**||**to nearest £**|
|**B1 Cash funds**|Wise Payments Ltd||||**4,237**||**-**||**-**|
||||||||**-**||**-**|
||||||**-**||**-**||**-**|
||**_Total cash funds_**||||**4,237**||**-**||**-**|
||(agree balances with receipts and payments<br>account(s))||||OK||||OK|
||||||**Unrestricted**<br>**funds**||**Restricted**<br>**funds**||**Endowment**<br>**funds**|
||**Details**||||**to nearest £**||**to nearest £**||**to nearest £**|
|**B2 Other monetary assets**|||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
|||||||||||
||**Details**||||**Fund to which**<br>**asset belongs**||**Cost (optional)**||**Current value**<br>**(optional)**|
|**B3 Investment assets**|||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
|||||||||||
||**Details**||||**Fund to which**<br>**asset belongs**||**Cost (optional)**||**Current value**<br>**(optional)**|
|**B4 Assets retained for the**<br>**charity’s own use**|||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
|||||||||||
||**Details**||||**Fund to which**<br>**liability relates**||**Amount due**<br>**(optional)**||**When due**<br>**(optional)**|
|**B5 Liabilities**|||||||**-**|||
||||||||**-**|||
||||||||**-**|||
||||||||**-**|||
||||||||**-**|||
|||||||||||
|Signed by one or two trustees on<br>behalf of all the trustees|Signature||||Print Name||||Date of<br>approval|
||~~Laliban~~||||~~ZAHIRAIRAM~~||||~~171 25~~|
|||||||||||





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