Registered number 1014888 British Education Support Trust Accounts for the Year Ended 31 March 2023 BUSH & COMPANY Accountants 6998 HIGH IAD. LEYTC. LONDON. E10 ORA 0208 556 0702
British Education Support Trust Report and accounts Contents Page Charity Information Independent Examiners Report Report to the Trustees Profit and loss account Balance sheet Notes lo the Accounts Detailed Profit and Loss 10-11
British Education Support Trust Company Infomiation Trustees- Charity No: Registered Adress: The Iruslees during the year were are as shown in the Trustees Report 1014888 4 Tunstall Road, London, SW9 8BN Accountants: Bush & Company Accountants 699 High Road, Leyton, London, E10 6RA Al-Rayan Bank Bankers:
British Education Support Trust Independent Examiner's Report to the Trustees March 31, 2023 Independent Examiner's report to the director of British Education & Support Trust I report on the accounts for the Year Ended 31 March, 2023 set on pages 6 to 11. Res ective res onsibilities of Trustees and Examiner The charitS trustee are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 43121 of the Charities Act 19931 the 1993 Act } and that an independent examination is required It is my responsibility lo.. 11 examine the accounts under Section 43 of the 1993 Act 21 to follow the pmcedure laid down in the General Directions given by the Charity Commission (under Section 4317}Ibl of the 1993 Acll., and 31 to stale whether particular matters have come to my allenlion Basis of thg Inde ndgnt Examin9¢s Re ort 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 the records It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such mallers. The pro- cedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as lo whether the accounts present a 'true and fair view, and the report is limited lo those mallers sel out in the statements below. Inde endent examiner's statement In connection with my examinalion, no maller has come to my attention.. 11 which gives me reasonable cause to believe that, in any material respect, the requirements 21 to keep accounting records in accordance with Section 41 of the 1993 Act,. and 31to prepare accounts which accord with the accounting records and lo comply with the accounting requirements of the 1993 Act have been met. Bush & Company Accounlanls 699 High Road Leyton London E106RA 9 November 2023
British Education & Support Trust Report to the Trustees Year Ended March 31, 2023 The Trustees present their report wth the financial statements of the charity for the above period. The Trustees have adopted the provisions of the Statement of Recommeded Practice ISORPI Accounting and Reporting by Charities, issued in March 2005. Reference and Administrative Details Registered Charity Number: 1014888 Principle Address: 4 Tunstall Road. London. Swg 88N Tru$tg0S: 1. Mr Mohammad Yusuf Al Qatami 2. Dr Ahmad Abdul Rahman A Sheha 4. Mr Abdul A Rahman Al Jiran 5. Mr Salim Al Sharhan 5. Mr Rashid Abdullah Trustee Trustee Trustee Trustee Trustee Chairman Vice Chairman Structure Governance and Mana Govarnin Document British Education Support Trust is constiluled as a charitable trust registered with the Charity Commission on October 26, 1992 under the charity number 1014888. It is wntrolled by its own conslilulion adopted on October 15, 1992 as ammended by special resolution dated May 29, 2006 and constitutes an unincorporated charity. ement Recruitment and a ointment of new trustees Pursuant to the constitution registered with the charity comission the board of trustees is a self-appoinling body. New Iruslees are appointed in the event of a resignation, death or where the numbers fall below the minimum stipulated in its conslilulion. In the event of an appointment the existing trustees are invited lo nominate suitable candidates from among the community who are familiar with the work of the trust and whom the existing trustees feel can contribute lo the trust and agree who should be approached. If the candidate agrees then the trustees invite him Iher for an interview and then formally vole on the candidate. Induction and Trainin of New Of New Trustees As new Iruslees are chosen from among the local community they are familiar with the work of the charity hence there has to date not been a need to organise any formal training sessions However, all new trustees are given an orientation session where they are briefed on their obligations lo the trust under the law. A number of publications from the Charity Comission are also provided including the guidance on Charities and public benefit and on the advancement of religion for public benefit. Or anisational Structure The board of trustees which meets regularfy takes the overall accountability for ensuring that current legislations and rules of th8 constitution ar8 complied with. The Iruslees are assisted by the service committee (whose members are made up of volunteers) in carrying out the day to day aclivilies.
Structure Governance and Mana ement Wider Network The Charity operates from a single office whose address is given as above. Related Partles SRIH Propety Ltd is a related party. Some of the directors of SRIH Property Limited are also the trustees of OBJECTIVES AND ACTIVITIES Ob-ectives and aims The objects of the charity as sel out in ils constitution registered with the charity commission are summarised lal To advance education and religion in accordance with the tenets and doctrines of Islamic faith contained in the Quran and Sunnah in particular by providing or assisting in the provision of courses, lectures, seminars and Ibl To relieve poverty by providing or assisting in the provision of financial assistance to the poor., for education Icl To advance such other charitable purpose or purposes as the managing committee or the society shall Our objectives are set out to reflect our faith and community aims. Each year our trustees review our objectives and activities lo ensure they continue lo reflect our aims. In carrying out this review the Iruslees have considered the Charity Commission's general guidance on public benefit and in partiCLJlar its supplementary ACHIEVEMENT AND PERFORMANCE The charity is Committed lo serving the spiritual and academic needs of local and wider communities across our diverse & multicultural society- The trustees consider that these activities summarised below, provide benefit to Throughout the year BEST organised and hosted a number of social and educational activities for the benefit of the local community,. such as congregated Friday midday prayers. shared Iftar banquets and two Eid festivities. Short courses and conferences were coordinated by BEST addressing the ways British Muslims can contribute to their society. As our name suggests, secular and faith based education is a key lo the strategy our lecturers Our scholarship and sponsorship projects are one of the most important avenues lo promote education nationwide along with provision of financial support lo educational institutions, cultural events and community Volunteers The charity is grateful for the unstinting efforts of ils volunteers who are involved in the service provision. None of the education we deliver or support we provide would be possible without our local and foreign donors. We hope that this support continues which helps us to reach out to more beneficiaries. All our Iruslees also give their lime freely and receive no remuneration or other financial benefits. FINANCIAL REVIEW The funds of the charity are unreslricled and amounted to £ 1,601,041 as al March 31. 2022 and £ 1,595,039 as al March 31, 2023. BEST is grateful to ils sister organisation -SRIH Property Limited for the use of their property. The property al 19 Cambridge Square is used lo accommodate all visiting lecturers during their short slay in London and this FUTURE DEVELOPMENTS
We are keen to expand our scope by placing an even stronger emphasis on tackling key social issues and putting community leaders al the centre of our work, wth greater allenlion on how we can help generate a conslruclive awareness of the culture of other customs, traditions and experiences that Muslims are likely to Anti-social behaviour stemming from boredom of pre adulthood is a great concern for us. We strongly feel rf we have the appropriate tools and resources, we could help direcl youth towards positive contribution lo their surroundings through organization of sports arts and cultural aclivilies. Awareness classes would nurture lalenl and achieve excellen in Ihe acquisition of advanced knowledge and equip our youth lo embark upon future STATEMENT OF TRUSTEES RESPONSIBILITIES The Iruslees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. The law applicable to charities in England and Wales, the Charities Act 1993, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the Iruslees to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charity and of the incoming reSoUrS and application of resources, including the income and expenditure, of the ¢harity for that period. In 11 select suitable accounting policies and then apply them consistently., 21 observe the methods and principles in the Charity SORP., 31 make judgements and eslimales that are reasonable and prudent., 41 prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy al any time the financial position of the charity and to enable them lo ensure that the financial statements comply with the Charities Act 1993, the Charity IA¢¢ounts and Reports) Regulations 2008 and the provisions of the trust constitution. They are also responsible for safeguarding the assets of the charity and hence for taking ON BEHALF OF THE BOARD.. Ahmad Alsheeha Date.. November 2023
British Education Support Trust Profit and Loss Account for the year ended 31 March 2023 2023 2022 Incoming Resources 107,995 149,830 Administrative expenses 1114,8271 1149,9771 Operating loss 16,8321 11471 Interest receivable Net (Deficit) l Resources 16,8301 11451 Net (Deficit) l Resources 16,8301 11451 Total Funds bm 1130,8641 1130,719) Total Funds 1137,6941 1130,8641
British Education Support Trust Registered number: Balance Sheet as at 31 March 2023 1014888 Notes 2023 2022 Fixed assets Tangible assets 478,138 478,966 Current assets Debtors Cash at bank and in hand 2,258,839 22,256 2,281,095 2,258,839 27,471 2,286,310 Creditors.. arnounts falling due within one year 1,165,022 1,164,235 Net current assets 1,116,073 1,122,075 Net assets 1,594,211 1,601,041 Capital and reserves Profit and Ioss account 1,594,211 1,601,041 Shareholder's funds 1,594,211 1,601,041 The financial statements were approved by the Broad of Trustees on and were signed on its behalf by.. Ahmad Alsheeha Director Approved by the board on 6 November 2023
British Education Support Trust Notes to the Accounts for the year ended 31 March 2023 1 Accounting policies Basis of preparation The financial slalements have been prepared under the historical cost wnvention and comply with financial reporting standards of the Accounting Standards Board, The Charities (Accounts and Reports) Regulations 2008 and the Statement of Recommended Pra¢lise'. Accounting and Reporting by charities 2005. The charity has taken advantage of the exemption in FRS 1 from the requirement to produce a cash flow statement because it is a small company. Income Resources All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Resources Expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related lo the category. Where costs cannot be directly allributed lo particular Tangible fixed assets Depre¢i8tion is provided al the following annual rates in order to wr(ce off each asset over ils estimated useful lrfe. Freehold buildings Fixtures, fittings, tools and equipment Not provided 200/9 on reducing balance Taxation The charity is exempl from tax on its charitable activities. Fund Accounting Unrestricted funds are donations and other incoming resources re1vable or granted for the objectives of the charity without further specified purpose and are as available as general funds. Unresrticled funds can be used in accordance with the charitable objecitves al the dirsection of the Iruslees. Restricted funds can only be used for particular restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for the particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes lo the financial slatemenls. Trustggs'Rgmuneration and Benefits There were no trustees, remuneration or the benefits for the year nor for the previous year. Trustees'Expenses There were no trustees, expenses paid for the year nor for the previous year.
British Education Support Trust Notes to the Accounts for the year ended 31 March 2023 2 Employees 2023 Number 2022 Number Average number of persons employed by the company 3 Tanglble flxed assets Plant and machinery etc Land and bulldlngs Total Co$t Al 1 April 2022 Al 31 March 2023 474,824 474,824 18,936 18,936 493,760 493,760 Depreciation Al 1 April 2022 Charge for the year Al 31 March 2023 14,794 828 14,794 828 15,622 15,622 Net book value Al 31 March 2023 474,824 3,314 478,138 Al 31 March 2022 474,824 4,142 478,966 4 Debtors 2023 2022 S.R.l.H Property Ltd The Muslim CC & Arrahma Musjid 1,638,839 620,000 1,638,389 620,000 Other debtors 2,258,839 2,258,839 5 Creditors- amounts falling due within one year 2023 2022 Bank loans and overdrafts Taxation and social security costs Other creditors 137 13,232 1,151,653 1,165,022 13,232 1,151,003 1,164,235 6 Other infomiation British Education Support Trust is a charitable trust in England. Its registered office is.. 4 Tunstall Road Londor) SW9 8BN
British Education Support Trust Detailed profit and loss account for the year ended 31 March 2023 This schedule does not form part ofthe statutory accounts 2023 2022 Incoming Resourcas 107,995 149,830 Administrative expenses 1114,8271 1149,9771 Operating loss 16,8321 {1471 Interest receivable Net {Deflcltl Resources 16,8301 {1451 Total Funds blf 1130,8641 1130,7191 Total Funds 137,694 130,864 10
British Education Support Trust Detailed profit and loss account for the year ended 31 March 2023 This schedule does not form part ofthe statutory accounts 2023 2022 Sales Sales 107,995 149,830 Administrative expenses Employee costs.. Wages and salaries Temporary stsff and recruitment Staff training and welfare Travel and subsisten 7,413 20,074 150 3,613 31,250 12,719 40,043 807 1,047 54,616 Premises costs.. Rent Rates Service charges Light and heat Cleaning 29,069 9,391 88 10,367 37.013 4,550 1,265 9,602 546 52,976 48,915 General administrative expenses.. Telephone and internet Postage Stationery and printing Subscriptions Bank charges Insurance EqLJipmenl expensed Software Repairs and maintenan Depreciation Sundry expenses 15,2291 7,415 12 7,095 3,812 11,629 7,740 270 1,020 8.772 1,151 5,363 1,036 829 36,505 5,761 539 7,156 828 3,537 32,231 Legal and professional costs.. Accountancy fees Advertising and PR Other legal and professional 900 1,527 3,800 2,040 40 5,880 2,431 114,827 149,977