AL FALAH FOUNDATION
Year End Accounts 31-Dec-23
Charity Reg: 1203249
AL-FALAH FOUNDATION
Charity number: 1203249
Trustees:
Md Mostak Ahmed Shafi Ahmed Minhaj Ahmed
Address: 39 Wychwood Avenue Luton LU2 7HT
Tel: 07957829854
Email: AlFalahFoundation2023@gmail.com
AL-FALAH FOUNDATION
TRUSTEES REPORT:
Governing Document:
Al Falah Foundation is established as a charitable organisation with the Charity Commission as a CIO Foundation and is governed by a Constitution. The organisation received its charity status from the Charity Commission on the 24th of May 2023.
The charity, at the moment, is small in terms of income and expenses. Currently, the organisation has three trustees who manage and run the day-to-day operations of the charity, and there are no employees. The trustees ensure, to the best of their ability, that proper due diligence is carried out, end use of funds is monitored, and value for money is achieved in implementing projects.
Aims and Objectives
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Advancement of education by supporting the educational institute "Darul-Falah Madrasa" in Shupatola, Beanibazar, Sylhet, Bangladesh, to provide education primarily for poor and needy students.
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The prevention or relief of poverty, particularly but not exclusively in Bangladesh and the UK, by providing grants, items, and services to individuals in need and/or charities or other organisations working to prevent or relieve poverty
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.
Organisation was only registered in May 2023, and no project has been carried out in Bangladesh in 2023
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.
The biggest achievement was that we managed to open a bank account and get the organisation registered.
Public Benefit
The Trustees confirm that they have considered the general guidelines issued by the Charity Commission in connection with Public Benefit when setting the objectives of the charity. In particular, they have considered how planned activities further the charity's objectives.
Risk Management
The Trustees identify any risks to which the charity might be exposed, including risks to the charity's financial position and reputation. Once these are reviewed, systems will be established to address these risks. Going forward, the Trustees will review risk management on a regular basis.
Charity Name No (if any) AL-FALAH FOUNDATION 1203249 Receipts and payments accounts CC16a For the period Period start date Period end date To from 01-Jan-23 31-Dec-23
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Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Unrestricted Funds 1,419 - 1,419 -
- -
- - -
- - -
- - - - -
- - - - -
- - - - -
- - - - -
- - 1,419
Sub total (Gross income for AR) [ 1,419 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 1,419 - - 1,419 -
A3 Payments
Admin & Registration Setup Cost 918 - 918 -
- - -
- -
- - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 918 - - 918
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - - -
Total payments 918 - - 918
Net of receipts/(payments) 501 - - 501
A5 Transfers between funds - - -
A6 Cash funds last year end 5,380 - - 5,380
Cash funds this year end 5,881 - - 5,881
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| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories Signed by trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Bank Cash Details Shafi Ahmed Minhaj Ahmed Name Md Mostaked Ahmed |
Unrestricted funds Restricted funds to nearest £ to nearest £ 5,881 - - - - - 5,881 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) 0 - - - - - Shafi Ahmed Signature Md Mostaked Ahmed Minhaj Ahmed |
Endowment funds to nearest £ - - - |
| - | |||
| OK | |||
| Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 02-Oct-24 02-Oct-24 02-Oct-24 |