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2022-12-31-accounts

Trustees’ Annual Report for the period

From 1[st] January 2022 Period start date To 31[st] December 2022 Period end date

Charity name: INDIGENT WELFARE & EDUCATION TRUST

Charity registration number: 328148

Objectives and Activities

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SORP reference
Summary of the purposes of Para 1.17 The relief of need, hardship or distress of
the charity as set out in its the poor in particular poor orphan children
governing document and widows and the relief of sickness of the
disabled and the advancement of
education in England and throughout the
world by providing sustainable aid
concentrating on education, digital and
welfare projects.
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SORP reference SORP reference SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17
The relief of need, hardship or distress of
the poor in particular poor orphan children
and widows and the relief of sickness of the
disabled and the advancement of
education in England and throughout the
world by providing sustainable aid
concentrating on education, digital and
welfareprojects.
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.		 Para 1.17 and
1.19		 The Trustees have continued to make
donations during the year to other charities
whose activities meet with the objects of the
Charity. Each donation is thoroughly
researched before it is made to ensure as far as
possible that donation goes towards the relief
of need, hardship and distress.
Donations made in the year:

13.03.22 & 27.03.22 - £2000 & £1600 –
IWET Food Distribution Project Senegal
– This was our first independent food
distribution project completed in
Senegal in an extremely deprived area.
Our volunteer was personally on site
and completed the full distribution.

26.05.22- £2565 – Partnership with
Malawi Relief Fund, Registered Charity
No 1119600 - for Food Distribution
project. This was done in partnership
with this partner charity who are very
well established and complete some
excellent work in Malawi.

29.10.22 – £4000 – Donation to
educational establishment Musjid
Tooba, Registered Charity No 518554,
to further the extra curricular activities
of young children. The centre caters for
the spiritual wellbeing of the
community and actively encourages
the values of good citizenship.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The Trustees are aware of, and have taken
regard to, the Charity Commission's guidance
on public benefit and believe that the main
activities detailed below provide a benefit to
the public.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference Summary of the main Para 1.20 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.

Additional information (optional) You may choose to include further statements where relevant about:

Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
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Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41 During the 2022 The charity was mainly
focussed on recovery from the Covid
Pandemic. The 50% reduction offered to our
tenants during the pandemic ended and rents
were returned back to pre=pandemic levels.
This resulted in several challenges as tenants
have been struggling and report that business
has significantly suffered. However, by and
large rental receipts have stabilised.
Investment performance
against objectives		 Para 1.41
Other

Financial Review

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Review of the charity’s Para 1.21 Having dealt with the substantial
financial position at the end expenditure required to renovate the
of the period investment properties the Trustees
consider this will no longer be a major
potential drain on reserves. During the
2022 The charity was mainly focussed on
recovery from the Covid Pandemic. The
50% reduction offered to our tenants during
the pandemic ended and rents were
returned back to pre-pandemic levels. This
resulted in several challenges as tenants
have been struggling and report that
business has significantly suffered.
However, by and large rental receipts have
stabilised.
The Trustees now consider that they will be
able to increase the level of donations
made in the coming years.
Statement explaining the Para 1.22 Cash reserves were built up to provide the
policy for holding reserves means to deal with expenditure on the
stating why they are held properties, expenses incurred in paying
rates foe unlet premises and to enable a
reduction in tenants rents to try and ensure
their continued occupancy during the
recovery from the Pandemic.
Amount of reserves held Para 1.22 £124258
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially in Para 1.24 N/A
deficit
Explanation of any Para 1.23 None
uncertainties about the
charity continuing as a going
concern
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Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 The principal source of funds is rental
income from the Trusts investment
properties.
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 The Trust will continue to keep the
properties in a good state of repair but has
no plans to add new properties.
A description of the principal
risks facing the charity		 Para 1.46 The Trustees have now overcome the principal
risk facing the Charity namely the poor state of
repair of it’s investment properties. The trust
completed some long standing repair /
renovation works to some of theproperties.

This has resulted in the properties now being compliant with building regulations and also to make them more attractive as rental properties. Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Trust Deed
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 The charity is constituted as a Trust
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Trustees are appointed by the head Trustee

Additional information (optional) You may choose to include further statements where relevant about:

Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
You may choose to include further statements where relevant about:		 Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

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Charity name INDIGENT WELFARE & EDUCATION TRUST
Other name the charity uses Formerly The Family Welfare Trust
Registered charity number 328148
Charity’s principal address 148 Leigh Road
Leigh
WN7 1SJ
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Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 MR Y A PATEL HEAD TRUSTEE MR Y A PATEL
2 MR IM PATEL TRUSTEE
3 MR H YUSUF TRUSTEE
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Ibrahim Musa Patel Position (eg Secretary, Trustee Chair, etc) Date 2nd October 2023

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328148
INDIGENT WELFARE & EDUCATION TRUST CC16a
For the period
To
from 01/01/2022 31/12/2022
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
Investment income 97,386 - - 97,386 84,635
- - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
97,386 - - 97,386 84,635
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 97,386 - - 97,386 84,635
A3 Payments
Charitable donations 10,165 - - 10,165 9,000
Investment properties utilities 3,180 - - 3,180 1,372
Insurance 8,046 - - 8,046 7,660
Professional fees 1,344 - - 1,344 940
Propert maintenance 29,926 - - 29,926 48,589
Generalgovernance 2,006 - - 2,006 430
Empty property rates 12,435 - - 12,435 8,308
Examiners fee 700 - - 700 -
- - - - -
Sub total [ 67,802 ] - - 67,802 76,299
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 67,802 - - 67,802 76,299
Net of receipts/(payments) 29,584 - - 29,584 8,336
A5 Transfers between funds - - - - -
A6 Cash funds last year end 94,674 - - 94,674 86,338
Cash funds this year end 124,258 - - 124,258 94,674
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CCXX R1 accounts (SS)

27/09/2023

1

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

Categories
Signed by one or two 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
Investment properties
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Details
Signature		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
124,258
-
-
-
-
-
124,258
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
General
794,264
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
IM Patel		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
05/10/2023

CCXX R2 accounts (SS)

27/09/2023

2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name INDIGENT WELFARE & EDUCATION TRUST members of On accounts for the year 31[st] December 2022 Charity no 328148 ended (if any) Set out on pages 1 - 2 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31[st] December 2022. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 26[th] October 2023 Name: David Neil Boardwell Relevant professional The Institute of Chartered Accountants in England and Wales qualification(s) or body (if any):

1

Oct 2018

IER

Address:

Oakdene Barrowford Road Burnley BB12 9AT

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

2

Oct 2018

IER