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2023-12-31-accounts

Trustees’ Annual Report for the period

From 1[st] January 2023 Period start date To 31[st] December 2023 Period end date

Charity name: INDIGENT WELFARE & EDUCATION TRUST

Charity registration number: 328148

Objectives and Activities

Objectives and Activities Objectives and Activities Objectives and Activities
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 were as follows:

02.01.23 – £500 - Donation to our on
site field worker in Senegal for a
medically ill patient requiring cancer
care. This was to cover life sustaining
treatment.

11.02.23 - £2000 – Donation for the
relief effort after the devastating
Turkey Earthquake – donation made to
Al Khair Foundation, Registered Charity
No 1126808

17.03.23 - £3000 – IWET Food
Distribution Project Senegal – Building
on our own independent food
distribution project completed in
Senegal in an extremelydeprived area.
Our volunteer was personally on site
and completed the full distribution.

26.09.23 - £2000 – Donation made to
the Libya Flood appeal following the
devastating floods in that area.
Donation made to Al Hasanaat
Foundation, Registered Charity No
1142791

21.10.23 - £2000 – Donation made to
the distribution of food in Gaza,
Palestine, following the
commencement of the siege. Donation
made to Al Hasanaat Foundation,
Registered Charity No 1142791
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.

Achievements and Performance

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SORP reference
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Achievements and Performance Achievements and Performance Achievements and Performance
SORP reference
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.		 Para 1.20 During 2023 the charity continued to meet it’s
charitable objectives whilst also ensuring the
renovation works continue apace with the
existing property assets. Significant investment
has been made in the charity’s properties to
continue to bring them up to standard to
ensure sustained rental income for the future.
The charity has also made built on its maiden
field project in Senegal which was completed in
2022. This year the charity expanded the
number of villages in which essential life
sustaining food stuffs were distributed and
ensured that its field officer was on site during
the entire procurement and distribution
process.
Further to the above the charity has
collaborated with other UK bases registered
charities and donated to them. This was in
relation to the natural disasters which occurred
in Turkey and Libya. The charity has also
donated to the relief of hardshipof the civilian

Palestinian population during the current bombardment and siege that they are undergoing.

Financial Review

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Review of the charity’s Para 1.21 Significant investment has been made in the
financial position at the end charity’s properties to continue to bring them
of the period
up to standard to ensure sustained rental
income for the future. The Trustees remain
aware that commercial property in the Bolton
area remains difficult to let. This gives rise to
empty property rates which are currently being
paid on 4 of the properties owned.
Statement explaining the Para 1.22 Cash reserves are being retained to fund
policy for holding reserves maintenance and improvement expenditure
stating why they are held on the properties, expenses incurred in
paying rates for unlet premises and to
continue offering a reduction in tenants
rents to try and ensure their continued
occupancy.
Amount of reserves held Para 1.22 £156232
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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

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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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)
Position (eg Secretary,
Chair, etc)
Date
Ibrahim Musa Patel

Trustee
15/10/2024
15/10/2024
328148 328148
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
to the nearest
£
to the nearest £
to the nearest £
A1 Receipts
01/01/2023
INDIGENT WELFARE & EDUCATION TRUST
To
For the period
from
ee		 Total funds
to the nearest £
31/12/2023
INDIGENT WELFARE & EDUCATION TRUST		 Last year
to the nearest £
CC16a
Investment income 90,373 - - - - - - 90,373 90,373 97,386
- - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
Sub total(Gross income for
AR)		 (Gross income for
AR)
90,373		 - - - - - - 90,373 90,373 97,386
A2 Asset and investment sales,
(see table).
-
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total receipts
90,373
-
-
90,373
97,386
A3 Payments
————_~~——~~
Charitable donations 9,500 - - - - - - 9,500 9,500 10,165
Investment properties utilities Investment properties utilities 2,041 - - - - - - 2,041 2,041 3,180
Insurance 7,553 - - - - - - 7,553 7,553 8,046
Professional fees - - - - - - - - 1,344
Propert maintenance 26,455 - - - - - - 26,455 26,455 29,926
Generalgovernance 137 - - - - - - 137 137 2,006
Empty property rates 12,013 - - - - - - 12,013 12,013 12,435
Examiners fee 700 - - - - - - 700 700 700
- - - - - - - - - -
**Sub total ** 58,399 - - - - - - 58,399 58,399 67,802
A4 Asset and investment
purchases, (see table)
-
-
-
-
-
-
-
-
Sub total -
-
-
-
-
Total payments
58,399
-
-
58,399
67,802
Net of receipts/(payments)
31,974
-
-
31,974
29,584
A5 Transfers between funds
-
- -
-
-
A6 Cash funds last year end
124,258
- -
124,258
86,338
Cash funds this year end
156,232
-
- 156,232
115,922
———_—~~——~~—
======>

CCXX R1 accounts (SS)

15/10/2024

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
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets		 Signature
Details
Details
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Investment properties		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
156,232
-
-
-
-
-
156,232
-
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
15/10/2024

CCXX R2 accounts (SS)

15/10/2024

2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ INDIGENT WELFARE & EDUCATION TRUST members of On accounts for the year 31[st] December 2023 Charity no 328148 ended (if any) Set out on pages 1 to 2

Respective The charity's trustees are responsible for the preparation of the accounts in responsibilities of accordance with the Charities Act 2011 (“the Act”). trustees and examiner

The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 the 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 present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent In connection with my examination, no material matters have come to my examiner's statement attention (other than that disclosed below *) 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.

Date: 15[th] October 2024 ~~[|~~

Signed:

1

May 2018

IER

Name: David Neil Boardwell Relevant professional The Institute of Chartered Accountants in England and Wales qualification(s) or body (if any): Address: Oakdene Barrowford Road Burnley BB12 9AT

Section B Disclosure

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

2

May 2018

IER

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

3

May 2018

IER