Quwwat Foundation
Trustees’ Annual Report
For the period ending 31/03/2025
1. Reference and Administrative Information
Charity Name: Quwwat Foundation
Charity Number: 1208658
Registered Office: Peel Hall Street, Preston, PR1 6QQ
Governing Document: Charitable Incorporated Organisation Constitution (Registered 13 June 2024)
2. Structure, Governance and Management
Governing Document
Quwwat Foundation is a Charitable Incorporated Organisation (CIO) governed by its Constitution, registered with the Charity Commission for England and Wales on 13 June 2024.
Organisational Structure and Trustees’ Responsibilities
The trustees are responsible for the strategic direction, overall governance, and management of the charity. The trustee board meets regularly to review performance, risk, organisational needs, finances, and compliance with legal and regulatory requirements.
Trustees serve voluntarily and do not receive any remuneration. Out-of-pocket expenses are reimbursed in line with the charity’s expenses policy.
Trustee Recruitment, Induction and Training
Trustees are appointed in accordance with the charity’s Constitution. Recruitment prioritises individuals with relevant experience, skills, and commitment to the charity’s mission. All new trustees undergo an induction process that includes briefing on the charity’s constitution, objectives, policies, recent accounts, and operational guidelines.
Policies and Procedures
Quwwat Foundation has adopted key governance policies including:
-
Bullying and harassment policy
-
Complaints handling procedures
-
Internal financial controls
-
Risk management
-
Safeguarding policy and procedures
-
Social media policy
-
Volunteer management policy 
The trustees regularly review these policies to ensure the charity’s governance remains robust and compliant with emerging standards.
3. Charity’s Objects and Public Benefit
Objects
Quwwat Foundation’s charitable objects, for the public benefit, are:
-
To advance the Islamic religion through such means as the trustees determine.
-
To prevent or relieve poverty or financial hardship by providing grants, items, services, education, training, healthcare projects, and support to individuals in need, other charities, or organisations working to relieve poverty.
Public Benefit
In planning activities and setting objectives, the trustees have considered the Charity Commission’s guidance on public benefit. All activities delivered during the year contribute directly to these stated objects and are aimed at improving the welfare and opportunities of beneficiaries across the UK and internationally.
4. Objectives and Activities
Quwwat Foundation delivers a range of charitable activities that reflect its objects, including:
Community Welfare and Support
Quwwat Foundation promotes the mental, social, and physical welfare of its community through direct services, outreach, and collaboration with partner agencies.
Relief Work
The charity engages in relief work, working with partners to support those in need both within the UK and abroad.
Charity Fund Programmes
A Charity Fund supports noble causes in the UK and overseas, with financial contributions directed to initiatives that align with the charity’s mission.
5. Summary of Main Activities and Achievements
During the year, Quwwat Foundation has worked toward fulfilling its objectives by:
-
Delivering welfare initiatives that support vulnerable individuals and families, promoting wellbeing across communities.
-
Collaborating with partner organisations to alleviate hardship and enhance the reach of charitable services.
-
Operating charity funds to provide grants, items, and services to individuals and groups in need.
-
Raising public awareness of the Foundation’s work through communications and outreach.
Trustees are actively seeking opportunities to scale up these initiatives in line with organisational capacity and community needs.
6. Achievements and Impact
The trustees are pleased with the progress made within the foundation’s first year of operation. Key accomplishments include:
-
Establishing a structured framework for ongoing welfare programmes.
-
• Enhancing community understanding and engagement through public campaigns and informational outreach.
-
Strengthening partnerships with other agencies to support relief and welfare projects.
The impact of these activities has been measurable through beneficiary feedback and volunteer engagement, demonstrating positive community outcomes.
7. Financial Review
The charity’s income is derived primarily from voluntary donations and contributions. During the year, donations have been received from supporters in person and via online channels.
The trustees continue to ensure that funds are used effectively to support charitable activities in accordance with the foundation’s objects and priorities.
8. Future Plans
The trustees will focus on:
-
Expanding welfare programmes across local and wider communities.
-
Strengthening governance, risk management, and operational capacity.
-
Increasing fundraising efforts to support existing and new projects.
-
Developing structured monitoring and evaluation systems to measure impact.
9. Statement of Compliance
The trustees confirm that they have had regard to the Charity Commission’s guidance on public benefit and confirm that activities are carried out to benefit the public in line with the charity’s objects.
QUWWAT FOUNDATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDING 1 APRIL 2025
CHARITY NUMBER: 1208658
ABBEY & CO ASSOCIATES 1ST FLOOR ABBEY HOUSE 270-272 LEVER STREET BOLTON BL3 6PD
QUWWAT FOUNDATION
CONTENTS INFORMATION
FOR THE YEAR ENDING 1 APRIL 2025
Index to Financial Statements
| Page | |
|---|---|
| Legal & Administrative Listing | 3 |
| Accountants Report | 4 |
| Report of the Trustees | 5 |
| Statement of Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 8 - 10 |
2
QUWWAT FOUNDATION
CHARITY INFORMATION
FOR THE YEAR ENDING 1 APRIL 2025
Trustees
Mubarek Patel Gulam H A Patel Huzaifa Hafeji Munir Gurjee
Charity Chairman
Mubarek Patel
Charity Secretary
Munir Gurjee
Registered Office
Quwwat Education Centre Peel Hall Street Preston PR1 6QQ
Bankers
Lloyds Bank Swansea OSC, Epona House Pheonix Way Swansea SA7 9HG
Accountants
Abbey & Co Associates 1st Floor, Abbey House 270-272 Lever Street Bolton BL3 6PD
3
QUWWAT FOUNDATION
INDEPENDENT EXAMINERS' REPORT YEAR ENDED 31 MARCH 2025
TO THE TRUSTEES AND MEMBERS OF ETERNAL AID
I have examined the financial statements for the year ended 31 March 2025 as set out on the annexed pages which have been prepared under the historical cost convention and the accounting policies set out below:
Respective responsibilities of the Trustees and Independent Examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. The charity’s gross income did exceed £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Financial Accountants (IFA).
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for an independent examination; it is my responsibility to:
-
examine the accounts under section 145 of the Charities Act 2011,
-
to follow the procedures laid down in the general Directions given by the Charity Commission
-
(under section 145(5)(b) of the Charities Act 2011, and
-
to state whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records.
It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts a 'true and fair' view and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with our examination, no matter has come to my attention:
-
Which gives us reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the Charities Act 2011; and
-
to prepare accounts which accord with the accounting records and comply with the accounting
-
requirements of the Charities Act 2011 have not been met; or
-
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
__________ Honorary Independent Examiner
Faruk Patel FFA FTA Abbey & Co Associates 1st Floor, Abbey House 270-272 Lever Street Bolton BL3 6PD
21st January 2026
4
QUWWAT FOUNDATION
FOR THE YEAR ENDING 1 APRIL 2025
STATEMENT OF TRUSTEES RESPONSIBILITIES
Charity Law requires the Trustees to prepare financial statements and statements of assets and liabilities for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period together with its assets and liabilities at the end of the period and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are required to:
-
(a) Select suitable accounting policies and then apply them consistently
-
(b) make judgements and estimates that are reasonable and prudent
-
(c) state whether the policies adopted are in accordance with the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable standards subject to any material departures disclosed and explained in the financial statements
-
(d) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue its activities
The Trustees are responsible for keeping 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 applicable Accounting Standards and Statements of Recommended Practice and the regulation made under S44 of the Charity Act 1993 as amended by Charity Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention of fraud or other irregularities.
Approved by the Trustees and signed on their behalf by:
Munir Gurjee (Charity Secretary)
21st January 2026
5
QUWWAT FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCOME AND EXPENDITURE STATEMENT
FOR THE YEAR ENDING 1 APRIL 2025
| INCOME Voluntary Income Donations Building Appeal Government Grants Government Grants (JRS) Investment Income Income from Charities Activities Other Income Lillah/Sadaka & Other Donations Zakat Donations Gift Aid Payments Sponsors Income TOTAL INCOME RESOURCES EXPENDED Cost of Generating Funds Charitable Activities NET INCOMING RESOURCES Fund Balances Brought Forward FUND BALANCES CARRIED FORWARD |
Unrestricted Funds £ - - - - - - 276,636 - - - 276,636 721 113,808 162,107 - 162,107 |
Restricted Funds £ - - - - - - 15,500 58,544 - - 74,044 - 74,044 - - - |
Totals 2025 £ - - - - - - 292,136 58,544 - - 350,680 721 187,852 162,107 - 162,107 |
Totals 2024 £ - - - - - - - - - - |
|---|---|---|---|---|
| - | ||||
| - - |
||||
| - - |
||||
| - |
Continuing Operations
None of the charities activities were acquired or discontinued during the above financial period.
Total Recognised Gains and Losses
The charity has no gains or losses other than the profit or loss for the above financial period.
6
QUWWAT FOUNDATION
BALANCE SHEET AS AT 1 APRIL 2025
| NOTES FIXED ASSETS As per Fixed Asset Schedule 4 CURRENT ASSETS Debtors & Prepayments 5 Cash at Bank Cash in Hand CURRENT LIABILITIES Bank Overdraft Accurals & Creditors 7 Other Creditors & Loans Net Current Assets / (Liabilities) TOTAL ASSETS LESS CURRENT LIABILITIES LONG-TERM CREDITORS Creditors due after one year 8 NET ASSETS REPRESENTED BY: ACCUMULATED FUNDS Net Assets B/fwd 01/04/2024 Surplus for the Year Net Assets C/fwd 1/04/2025 |
£ - 162,107 - |
2025 £ - 162,107 162,107 - 162,107 - 162,107 162,107 |
£ - - - |
2024 £ - - |
||
|---|---|---|---|---|---|---|
| 162,107 | - | |||||
| - - - |
- - - |
|||||
| - | - | |||||
| - - |
||||||
| - | ||||||
| - - |
||||||
| - |
Approved by the Trustees and signed on their behalf by:
Munir Gurjee (Charity Secretary)
21st January 2026
7
QUWWAT FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDING 1 APRIL 2025
1. Accounting Policies
(a) Basis of Preparation These financial statements have been prepared under historical cost convention and in accordance with applicable accounting standards. The financial statements have been prepared in accordance with the statement of recommended practice (SORP) and accounting and reporting by charities' published in October 2005.
(b) Fund Accounting General funds are unrestricted funds which are available for the use of discretion of the Trustees in furtherance of the general objectives of the charity and has not been put aside for other purposes.
Restricted Funds are funds which are to be used in accordance with specific restrictions which has been raised by the charity for a specific purpose. The cost of raising and administering such funds are charged against the specific fund.
(c) Investment Income Income from investment and from rental income is included in the SORP in the year in which it is receivable. (d) Incoming Resources All incoming resources are included in the SORP when the charity is legally entitled to the income and the amount can be can quantified with reasonable accuracy. Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. For legacies, entitlement is the earlier of the charity been notified of and impending distribution of the legacy being received. Donated facilities are included at the value to the charity when this can be quantified and a third party is bearing the cost.
(e) Resources Expended All expenditure is accounted for on an accruals basis and has been classified under the heading that aggregate all costs relating to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on the basis consistent with use of resources. (f) Tangible Fixed Assets Tangible fixed assets costing more than £ 1000 are capitalised and included at cost including incidental expenses of acquisitions.
8
QUWWAT FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDING 1 APRIL 2025
(g) Depreciation
Depreciation is calculated on all tangible fixed assets on straight line basis at rates calculated on the cost of the asset over the useful economic life of the asset as follows:
| Freehold Land & Building | 0% |
|---|---|
| Motor Vehicles | 20% |
| Fixtures & Equipment | 10% |
(h) Investment Revaluation
None of the charity's functional fixed assets have been revalued during the year.
2. Cost of Generating Funds
| 2. Cost of Generating Funds Bank Charges Online Portal Charges Advertising Legal & Professional Fees Office Expenses 3. Cost of Charitable Activities Food Packs Projects Hand Pump Projects Hifz Sponsorship Costs Orphan Sponsorship Costs Water Projects Widows Support Projects Building Projects Costs Zakat Donations Lillah/Sadaka & Other Donations Donations To Other Charities Other Project Costs |
2025 Unrestricted 44 - 100 - 577 721 2025 Unrestricted - - - - - - - - 24,800 67,101 21,907 113,808 |
2025 Restricted - - - - - - 2025 Restricted 10,500 - - - 1,000 - - 58,544 - 4,000 74,044 |
2024 - - - - - |
|---|---|---|---|
| - | |||
| 2024 - - - - - - - - - - - |
|||
| - |
4. Trustees' - Related Party Transaction
Included in Wages, PAYE & Pension Costs (See Note 2 above), the following payments to the trustees listed below were made for teaching services rendered to the charity.
| Mubarek Patel Gulam H A Patel Huzaifa Hafeji Munir Gurjee |
2025 - - - - - |
2024 - - - - |
|---|---|---|
| - |
9
QUWWAT FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDING 1 APRIL 2025
5. Tangible Fixed Assets
| Land & Total Property £ Cost As at 1 April 2024 - - Additions - - Disposals - - As at 1 April 2025 - - Depreciation As at 1 April 2024 - - Charge for year - - Disposals - - As at 1 April 2025 - - Net book value As at 1 April 2025 - - As at 1 April 2024 - - 6. Debtors & Prepayments Gift Aid Payments Prepayments Other Debtors 7. Creditors: Amounts falling due within one year Trade Creditors Accruals Other Creditors 8. Creditors: Amounts falling due after one year Loans (Karz-e-Hasna) |
Land & Total Property |
Motor Investments Vehicles |
Fixtures & Equipment |
|---|---|---|---|
| £ - - - - - - |
£ - - - - - - |
£ - - - |
|
| - - |
- - |
- | |
| - - - - - - |
- - - - - - |
- - - |
|
| - - |
- - |
- | |
| - - |
- - |
- | |
| - - |
- - |
- | |
| 2025 - - - - 2025 - - - - 2025 - |
2024 - - - |
||
| - | |||
| 2024 - - - |
|||
| - | |||
| 2024 - |
10
QUWWAT FOUNDATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDING 1 APRIL 2025
CHARITY NUMBER: 1208658
ABBEY & CO ASSOCIATES 1ST FLOOR ABBEY HOUSE 270-272 LEVER STREET BOLTON BL3 6PD
QUWWAT FOUNDATION
CONTENTS INFORMATION
FOR THE YEAR ENDING 1 APRIL 2025
Index to Financial Statements
| Page | |
|---|---|
| Legal & Administrative Listing | 3 |
| Accountants Report | 4 |
| Report of the Trustees | 5 |
| Statement of Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 8 - 10 |
2
QUWWAT FOUNDATION
CHARITY INFORMATION
FOR THE YEAR ENDING 1 APRIL 2025
Trustees
Mubarek Patel Gulam H A Patel Huzaifa Hafeji Munir Gurjee
Charity Chairman
Mubarek Patel
Charity Secretary
Munir Gurjee
Registered Office
Quwwat Education Centre Peel Hall Street Preston PR1 6QQ
Bankers
Lloyds Bank Swansea OSC, Epona House Pheonix Way Swansea SA7 9HG
Accountants
Abbey & Co Associates 1st Floor, Abbey House 270-272 Lever Street Bolton BL3 6PD
3
QUWWAT FOUNDATION
INDEPENDENT EXAMINERS' REPORT YEAR ENDED 31 MARCH 2025
TO THE TRUSTEES AND MEMBERS OF ETERNAL AID
I have examined the financial statements for the year ended 31 March 2025 as set out on the annexed pages which have been prepared under the historical cost convention and the accounting policies set out below:
Respective responsibilities of the Trustees and Independent Examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. The charity’s gross income did exceed £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Financial Accountants (IFA).
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for an independent examination; it is my responsibility to:
-
examine the accounts under section 145 of the Charities Act 2011,
-
to follow the procedures laid down in the general Directions given by the Charity Commission
-
(under section 145(5)(b) of the Charities Act 2011, and
-
to state whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records.
It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts a 'true and fair' view and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with our examination, no matter has come to my attention:
-
Which gives us reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the Charities Act 2011; and
-
to prepare accounts which accord with the accounting records and comply with the accounting
-
requirements of the Charities Act 2011 have not been met; or
-
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
__________ Honorary Independent Examiner
Faruk Patel FFA FTA Abbey & Co Associates 1st Floor, Abbey House 270-272 Lever Street Bolton BL3 6PD
21st January 2026
4
QUWWAT FOUNDATION
FOR THE YEAR ENDING 1 APRIL 2025
STATEMENT OF TRUSTEES RESPONSIBILITIES
Charity Law requires the Trustees to prepare financial statements and statements of assets and liabilities for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period together with its assets and liabilities at the end of the period and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are required to:
-
(a) Select suitable accounting policies and then apply them consistently
-
(b) make judgements and estimates that are reasonable and prudent
-
(c) state whether the policies adopted are in accordance with the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable standards subject to any material departures disclosed and explained in the financial statements
-
(d) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue its activities
The Trustees are responsible for keeping 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 applicable Accounting Standards and Statements of Recommended Practice and the regulation made under S44 of the Charity Act 1993 as amended by Charity Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention of fraud or other irregularities.
Approved by the Trustees and signed on their behalf by:
Munir Gurjee (Charity Secretary)
21st January 2026
5
QUWWAT FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCOME AND EXPENDITURE STATEMENT
FOR THE YEAR ENDING 1 APRIL 2025
| INCOME Voluntary Income Donations Building Appeal Government Grants Government Grants (JRS) Investment Income Income from Charities Activities Other Income Lillah/Sadaka & Other Donations Zakat Donations Gift Aid Payments Sponsors Income TOTAL INCOME RESOURCES EXPENDED Cost of Generating Funds Charitable Activities NET INCOMING RESOURCES Fund Balances Brought Forward FUND BALANCES CARRIED FORWARD |
Unrestricted Funds £ - - - - - - 276,636 - - - 276,636 721 113,808 162,107 - 162,107 |
Restricted Funds £ - - - - - - 15,500 58,544 - - 74,044 - 74,044 - - - |
Totals 2025 £ - - - - - - 292,136 58,544 - - 350,680 721 187,852 162,107 - 162,107 |
Totals 2024 £ - - - - - - - - - - |
|---|---|---|---|---|
| - | ||||
| - - |
||||
| - - |
||||
| - |
Continuing Operations
None of the charities activities were acquired or discontinued during the above financial period.
Total Recognised Gains and Losses
The charity has no gains or losses other than the profit or loss for the above financial period.
6
QUWWAT FOUNDATION
BALANCE SHEET AS AT 1 APRIL 2025
| NOTES FIXED ASSETS As per Fixed Asset Schedule 4 CURRENT ASSETS Debtors & Prepayments 5 Cash at Bank Cash in Hand CURRENT LIABILITIES Bank Overdraft Accurals & Creditors 7 Other Creditors & Loans Net Current Assets / (Liabilities) TOTAL ASSETS LESS CURRENT LIABILITIES LONG-TERM CREDITORS Creditors due after one year 8 NET ASSETS REPRESENTED BY: ACCUMULATED FUNDS Net Assets B/fwd 01/04/2024 Surplus for the Year Net Assets C/fwd 1/04/2025 |
£ - 162,107 - |
2025 £ - 162,107 162,107 - 162,107 - 162,107 162,107 |
£ - - - |
2024 £ - - |
||
|---|---|---|---|---|---|---|
| 162,107 | - | |||||
| - - - |
- - - |
|||||
| - | - | |||||
| - - |
||||||
| - | ||||||
| - - |
||||||
| - |
Approved by the Trustees and signed on their behalf by:
Munir Gurjee (Charity Secretary)
21st January 2026
7
QUWWAT FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDING 1 APRIL 2025
1. Accounting Policies
(a) Basis of Preparation These financial statements have been prepared under historical cost convention and in accordance with applicable accounting standards. The financial statements have been prepared in accordance with the statement of recommended practice (SORP) and accounting and reporting by charities' published in October 2005.
(b) Fund Accounting General funds are unrestricted funds which are available for the use of discretion of the Trustees in furtherance of the general objectives of the charity and has not been put aside for other purposes.
Restricted Funds are funds which are to be used in accordance with specific restrictions which has been raised by the charity for a specific purpose. The cost of raising and administering such funds are charged against the specific fund.
(c) Investment Income Income from investment and from rental income is included in the SORP in the year in which it is receivable. (d) Incoming Resources All incoming resources are included in the SORP when the charity is legally entitled to the income and the amount can be can quantified with reasonable accuracy. Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. For legacies, entitlement is the earlier of the charity been notified of and impending distribution of the legacy being received. Donated facilities are included at the value to the charity when this can be quantified and a third party is bearing the cost.
(e) Resources Expended All expenditure is accounted for on an accruals basis and has been classified under the heading that aggregate all costs relating to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on the basis consistent with use of resources. (f) Tangible Fixed Assets Tangible fixed assets costing more than £ 1000 are capitalised and included at cost including incidental expenses of acquisitions.
8
QUWWAT FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDING 1 APRIL 2025
(g) Depreciation
Depreciation is calculated on all tangible fixed assets on straight line basis at rates calculated on the cost of the asset over the useful economic life of the asset as follows:
| Freehold Land & Building | 0% |
|---|---|
| Motor Vehicles | 20% |
| Fixtures & Equipment | 10% |
(h) Investment Revaluation
None of the charity's functional fixed assets have been revalued during the year.
2. Cost of Generating Funds
| 2. Cost of Generating Funds Bank Charges Online Portal Charges Advertising Legal & Professional Fees Office Expenses 3. Cost of Charitable Activities Food Packs Projects Hand Pump Projects Hifz Sponsorship Costs Orphan Sponsorship Costs Water Projects Widows Support Projects Building Projects Costs Zakat Donations Lillah/Sadaka & Other Donations Donations To Other Charities Other Project Costs |
2025 Unrestricted 44 - 100 - 577 721 2025 Unrestricted - - - - - - - - 24,800 67,101 21,907 113,808 |
2025 Restricted - - - - - - 2025 Restricted 10,500 - - - 1,000 - - 58,544 - 4,000 74,044 |
2024 - - - - - |
|---|---|---|---|
| - | |||
| 2024 - - - - - - - - - - - |
|||
| - |
4. Trustees' - Related Party Transaction
Included in Wages, PAYE & Pension Costs (See Note 2 above), the following payments to the trustees listed below were made for teaching services rendered to the charity.
| Mubarek Patel Gulam H A Patel Huzaifa Hafeji Munir Gurjee |
2025 - - - - - |
2024 - - - - |
|---|---|---|
| - |
9
QUWWAT FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDING 1 APRIL 2025
5. Tangible Fixed Assets
| Land & Total Property £ Cost As at 1 April 2024 - - Additions - - Disposals - - As at 1 April 2025 - - Depreciation As at 1 April 2024 - - Charge for year - - Disposals - - As at 1 April 2025 - - Net book value As at 1 April 2025 - - As at 1 April 2024 - - 6. Debtors & Prepayments Gift Aid Payments Prepayments Other Debtors 7. Creditors: Amounts falling due within one year Trade Creditors Accruals Other Creditors 8. Creditors: Amounts falling due after one year Loans (Karz-e-Hasna) |
Land & Total Property |
Motor Investments Vehicles |
Fixtures & Equipment |
|---|---|---|---|
| £ - - - - - - |
£ - - - - - - |
£ - - - |
|
| - - |
- - |
- | |
| - - - - - - |
- - - - - - |
- - - |
|
| - - |
- - |
- | |
| - - |
- - |
- | |
| - - |
- - |
- | |
| 2025 - - - - 2025 - - - - 2025 - |
2024 - - - |
||
| - | |||
| 2024 - - - |
|||
| - | |||
| 2024 - |
10