AL FALAH FOUNDATION
Year End Accounts 31-Dec-24
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:
Introduction
The Trustees of Al Falah Foundation are pleased to present their annual report for the year ended 2024. The charity remains a small organisation with limited activities during the year, focusing primarily on building a sustainable fund to support Darul-Falah Madrasa in the near future.
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 charitable status from the Charity Commission on 24 May 2023.
At present, the charity is small in terms of income and expenditure. The organisation currently has three trustees who manage the day-today 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, that the end use of funds is monitored, and that value for money is achieved in implementing projects.
Aims and Objectives
Aims and objectives The advancement of education by supporting the educational institution Darul-Falah Madrasa in Shupatola, Beanibazar, Sylhet, Bangladesh, to provide education primarily for poor and needy students. 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 to charities or other organisations working to prevent or relieve poverty.
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.
There was limited activity during the year due to the small scale of operations. However, we are pleased to report the following outcomes:
Total income: £3,061 (all unrestricted) Total expenditure: £559 Net funds carried forward: £2,502
While the amounts are modest, this represents steady progress towards our goal of accumulating sufficient funds to begin providing meaningful support to Darul-Falah Madrasa.
Challenges
The trustees recognise that the current fundraising environment is increasingly difficult. Donors are often prioritising humanitarian and emergency relief causes, making it more challenging and costly for smaller organisations like ours to raise funds for long-term educational projects. We continue to explore cost-effective and community-based fundraising methods to address this challenge
Future Plans
Our immediate priority is to continue building our unrestricted reserves to reach a sustainable level from which regular support can be provided to Darul-Falah Madrasa. Once sufficient funds have been accumulated, the trustees will assess how best to allocate resources towards operational costs and, if feasible, capital support for the Madrasa
Risk Management
The trustees identify the risks to which the charity may be exposed, including financial and reputational risks. Once identified and reviewed, appropriate systems and controls are established to address these risks. Going forward, the trustees will review risk management on a regular basis.
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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-24 31-Dec-24
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 3,061 - 3,061 1,419
- - -
- - - -
- - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - 3,061 1,419
Sub total (Gross income for AR) [ 3,061 ]
A2 Asset and investment sales,
(see table).
- - - - -
- - - - -
Sub total - - - - -
Total receipts 3,061 - - 3,061 1,419
A3 Payments
Admin & Registration Setup Cost 559 - 559 918
- - -
- - -
- - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 559 - - 559 918
A4 Asset and investment
purchases, (see table)
- - - - -
- - - - -
Sub total - - - - -
Total payments 559 - - 559 918
Net of receipts/(payments) 2,503 - - 2,503 501
A5 Transfers between funds - - -
A6 Cash funds last year end 5,881 - - 5,881 5,380
Cash funds this year end 8,384 - - 8,384 5,881
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| Section B Statement of assets and liabilities at the end of the | Section B Statement of assets and liabilities at the end of the | Section B Statement of assets and liabilities at the end of the | period | |
|---|---|---|---|---|
| Categories Signed by trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Shafi Ahmed Minhaj Ahmed Name Md Mostaked Ahmed Details Bank Cash Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 8,384 - - - - - 8,384 - 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 29-Oct-25 29-Oct-25 29-Oct-25 |
Al Falah Foundation Details of Income and Expense Jan-Dec 2024
| Date | Transaction Type | Category | In | Out | Balance | |
|---|---|---|---|---|---|---|
| 01-Jan-24 | Donations | 5,881 | ||||
| 02-Jan-24 | Inward Payment | Donations | 20 | 5,901 | ||
| 05-Jan-24 | Inward Payment | Donations | 50 | 5,951 | ||
| 05-Jan-24 | Inward Payment | Donations | 20 | 5,971 | ||
| 08-Jan-24 | Inward Payment | Donations | 50 | 6,021 | ||
| 25-Jan-24 | Inward Payment | Donations | 50 | 6,071 | ||
| 26-Jan-24 | Inward Payment | Donations | 100 | 6,171 | ||
| 29-Jan-24 | Outward Faster Payment | Admin & Overhead Support | 400 | 5,771 | ||
| 29-Jan-24 | Inward Payment | Donations | 15 | 5,786 | ||
| 29-Feb-24 | Inward Payment | Donations | 50 | 5,836 | ||
| 28-Feb-24 | Inward Payment | Donations | 100 | 5,936 | ||
| 28-Feb-24 | Inward Payment | Donations | 15 | 5,951 | ||
| 19-Feb-24 | Inward Payment | Donations | 10 | 5,961 | ||
| 01-Feb-24 | Inward Payment | Donations | 20 | 5,981 | ||
| 28-Mar-24 | Inward Payment | Donations | 100 | 6,081 | ||
| 28-Mar-24 | Inward Payment | Donations | 50 | 6,131 | ||
| 28-Mar-24 | Inward Payment | Donations | 15 | 6,146 | ||
| 18-Mar-24 | Inward Payment | Donations | 90 | 6,236 | ||
| 06-Mar-24 | Inward Payment | Donations | 20 | 6,256 | ||
| 01-Mar-24 | Inward Payment | Donations | 20 | 6,276 | ||
| 30-Apr-24 | Inward Payment | Donations | 50 | 6,326 | ||
| 29-Apr-24 | Inward Payment | Donations | 15 | 6,341 | ||
| 26-Apr-24 | Inward Payment | Donations | 100 | 6,441 | ||
| 02-Apr-24 | Inward Payment | Donations | 20 | 6,461 | ||
| 31-May-24 | Inward Payment | Donations | 100 | 6,561 | ||
| 28-May-24 | Inward Payment | Donations | 15 | 6,576 | ||
| 24-May-24 | Inward Payment | Donations | 50 | 6,626 | ||
| 03-May-24 | Inward Payment | Donations | 20 | 6,646 | ||
| 28-Jun-24 | Inward Payment | Donations | 50 | 6,696 | ||
| 28-Jun-24 | Inward Payment | Donations | 100 | 6,796 | ||
| 28-Jun-24 | Inward Payment | Donations | 15 | 6,811 | ||
| 21-Jun-24 | Card Transaction | Admin & Overhead Support | 142 | 6,669 | ||
| 06-Jun-24 | Inward Payment | Donations | 20 | 6,689 | ||
| 03-Jun-24 | Inward Payment | Donations | 20 | 6,709 | ||
| 31-Jul-24 | Inward Payment | Donations | 100 | 6,809 | ||
| 31-Jul-24 | Inward Payment | Donations | 50 | 6,859 | ||
| 29-Jul-24 | Inward Payment | Donations | 15 | 6,874 | ||
| 01-Jul-24 | Inward Payment | Donations | 20 | 6,894 | ||
| 30-Aug-24 | Inward Payment | Donations | 100 | 6,994 | ||
| 29-Aug-24 | Inward Payment | Donations | 359 | 7,353 | ||
| 28-Aug-24 | Inward Payment | Donations | 2 | 7,355 | ||
| 28-Aug-24 | Inward Payment | Donations | 50 | 7,405 | ||
| 28-Aug-24 | Inward Payment | Donations | 15 | 7,420 | ||
| 19-Aug-24 | Inward Payment | Donations | 10 | 7,430 | ||
| 13-Aug-24 | Inward Payment | Donations | 1 | 7,431 |
| 06-Aug-24 Inward Payment 01-Aug-24 Inward Payment 06-Sep-24 Inward Payment 02-Sep-24 Inward Payment 26-Sep-24 Inward Payment 30-Sep-24 Inward Payment 01-Oct-24 Inward Payment 01-Oct-24 Inward Payment 04-Oct-24 Inward Payment 07-Oct-24 Inward Payment 08-Oct-24 Card Transaction 08-Oct-24 Card Transaction 09-Oct-24 Inward Payment 28-Oct-24 Inward Payment 29-Oct-24 Inward Payment 31-Oct-24 Inward Payment 01-Nov-24 Inward Payment 05-May-24 Inward Payment 06-Nov-24 Inward Payment 27-Nov-24 Inward Payment 28-Nov-24 Inward Payment 29-Nov-24 Inward Payment 02-Dec-24 Inward Payment 03-Dec-24 Inward Payment 06-Dec-24 Inward Payment 06-Dec-24 Inward Payment 20-Dec-24 Inward Payment 30-Dec-24 Inward Payment |
Donations 20 7,451 Donations 20 7,471 Donations 20 7,491 Donations 20 7,511 Donations 50 7,561 Donations 15 7,576 Donations 10 7,586 Donations 20 7,606 Donations 20 7,626 Donations 100 7,726 Admin & Overhead Support 17 7,709 Admin & Overhead Support 1 7,709 Donations 100 7,809 Donations 15 7,824 Donations 50 7,874 Donations 100 7,974 Donations 20 7,994 Donations 10 8,004 Donations 20 8,024 Donations 50 8,074 Donations 15 8,089 Donations 100 8,189 Donations 20 8,209 Donations 10 8,219 Donations 20 8,239 Donations 80 8,319 Donations 50 8,369 Donations 15 8,384 Total 3,061 559 8,384 |
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