Al-Noor Waqf (CIO 1205233)
Charitable Incorporated Organisation (CIO No. CE033929)
Registered Address: Newton Industrial Estate, Eastern Avenue West, Romford RM6 5SD
Trustees’ Annual Report for the period 16 October 2023 – 31 March 2025
1. Reference and Administrative Details
Charity name: Al-Noor Waqf
Registered Charity Number: 1205233
CIO Registration Number: CE033929
Principal Office: Newton Industrial Estate, Eastern Avenue West, Romford RM6 5SD
Reporting Period: 16 October 2023 – 31 March 2025
Trustees: The same seven trustees served throughout the period with no changes.
Trustee meetings: No formal meetings were held during the period due to the Waqf’s dormant status.
2. Structure, Governance and Management
Al-Noor Waqf is a Charitable Incorporated Organisation (CIO) governed by its Constitution adopted on 16 October 2023. The trustees are the charity’s only members and are responsible for the general control and management of the administration of the charity. Trustees are appointed in accordance with the provisions of the Constitution.
No formal trustee meetings were held during the reporting period as the charity remained dormant. Trustees maintain informal contact as necessary and plan to establish a formal meeting schedule once operations commence.
There were no connected or related organisations during this period, and no conflicts of interest were declared. The trustees intend to adopt policies covering conflict of interest, safeguarding, and financial management prior to operational launch.
3. Objectives and Activities
The objects of the CIO are: ‘To further such charitable purposes (charitable under English law) as the trustees see fit from time to time for the public benefit by making grants to individuals and to registered, excepted and exempt charities.’
During this reporting period, the charity was not active. The trustees continued to focus on identifying suitable Waqf opportunities and projects aligned with the charity’s objectives before commencing active operations.
4. Public Benefit Statement
The trustees have had due regard to the Charity Commission’s guidance on public benefit when planning the charity’s future activities. Although the charity remained dormant during the period, the trustees’ work to establish governance foundations and explore potential projects is directed toward advancing charitable purposes for the public benefit in future periods.
5. Achievements and Performance
The Waqf was not active during the financial period 16 October 2023 to 31 March 2025. The trustees did not undertake any charitable activities or fundraising as the charity has yet to identify a project for investment. No grants were made, and no income or expenditure occurred in the period.
Key achievements in this foundational phase included maintaining the charity’s regulatory compliance, establishing administrative readiness, and developing strategic criteria for future Waqf investments.
6. Financial Review
There was no income, expenditure, assets, or liabilities during the financial period. Accordingly, a nil set of receipts and payments accounts is presented. No restricted or designated funds were held.
Reserves Policy: As the charity has not yet commenced activity, no reserves policy operated during the period. The trustees intend to adopt an appropriate reserves policy once charitable activity begins.
Going Concern: The trustees consider the CIO to be a going concern given its continuing registration, absence of liabilities, and plans to initiate future activity.
7. Risk Management
The trustees recognise the importance of identifying and managing risks as the charity develops. Principal risks considered include: ensuring compliance with charity law, maintaining appropriate financial oversight, and selecting Waqf projects that are both sustainable and compliant with the charity’s objectives. The trustees plan to establish a risk management framework prior to launching operations.
8. Governance and Trustee Recruitment
Trustees are appointed according to the provisions of the Constitution. All trustees serve voluntarily and received no remuneration. No new trustees were appointed and none resigned during this period. The trustees intend to review the governance framework and provide induction and training opportunities once operations begin.
9. Volunteers and Staff
The CIO had no paid staff or volunteers during the reporting period. The trustees intend to engage volunteers and professional advisors in future as operations commence, particularly in relation to project evaluation and administration.
10. Plans for Future Periods
The trustees plan to explore and identify suitable Waqf investment opportunities that align with the charity’s purposes. Future plans include establishing a formal governance framework, opening a charity bank account, and developing an operational plan for sustainable charitable delivery.
11. Statement of Trustees’ Responsibilities
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and UK accounting standards. They confirm that they have had due regard to the Charity Commission’s guidance on public benefit when planning the charity’s activities.
Approval
This report was approved by the Board of Trustees on 1 November 2025 and signed on their behalf by:
Name: Akhter Raouf
Role: Chair of Trustees Signature: ____
Al-Noor Waqf (CIO 1205233)
Charitable Incorporated Organisation (CIO No. CE033929)
Registered Address: Newton Industrial Estate, Eastern Avenue West, Romford RM6 5SD Receipts and Payments Accounts for the period 16 October 2023 – 31 March 2025
Receipts
Total receipts: £0.00
There were no receipts during this financial period.
Payments
Total payments: £0.00
There were no payments during this financial period.
Statement of Assets and Liabilities
Cash funds at start of period: £0.00
Cash funds at end of period: £0.00
The CIO held no assets or liabilities during this period.
Notes to the Accounts
These accounts have been prepared on a receipts and payments basis in accordance with the Charities Act 2011 and the applicable Charity Commission guidance for small charities. As the charity has had no activity, income or expenditure, these are presented as nil accounts.
Trustees' Declaration
The trustees declare that these accounts are a true and accurate summary of the charity’s financial position for the period 16 October 2023 – 31 March 2025.
Approved by the trustees on 1 November 2025 and signed on their behalf by:
Name: Akhter Raouf
Role: Chair of Trustees
Signatur