2025-03-31-accounts

IMDAADUL GHURABAA TRUST

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

IMDAADUL GHURABAA TRUST

CONTENTS

Charity Information	1
Trustees Report	2-3
Accountants Report	4
Income & Expenditure Account	5
Balance Sheet	6
Notes to the Accounts	7-8

IMDAADUL GHURABAA TRUST

CHARITY INFORMATION

CHARITY TRUSTEES

Dr Ibrahim Chaus Chairman Imran Moolla Secretary Mohmed Asif Malek Treasurer

REGISTERED OFFICE

Head Office 11 Hatfield Road Gloucester GL1 4LN

REGISTERED CHARITY NUMBER 1077418

ACCOUNTANT

Muddassir Lakhi AFA S. A. Chopdat & Co. 134 Bradford Road Dewsbury West Yorkshire WF13 2EW

IMDAADUL GHURABAA TRUST

TRUSTEES REPORT

Objectives and activities

The objects of the charity, as set out in the governing document are as follows: a) To relieve persons in any part of the world who are in conditions of need, hardship or distress as a result of local, national or international disaster or by reasons of their social and economic circumstances and in particular by means of employing human and material resources to provide appropriate relief to such persons. b)�The education of adults and children throughout the world.

c) Other charitable purposes for the benefit of the communities in the United Kingdom as and when deemed necessary by the Society.

Imdaadul Ghurabaa Trust owns a small property portfolio consisting of both residential and commercial properties. This provides the majority of the charity’s income. Donations are accepted from individuals known to the Trustees and who are aware of the Trust’s good work, but the Charity does not request donations through advertising or the use of collection tins.

The Trust is run by volunteers who undertake property management duties as well as formal positions within the charity, but no payment is made for their services. In order to deliver its objects of relieving hardship, supporting education and benefitting communities, the charity provides grants to registered charities to carry out this work, if the relevant criteria are met and after robust research has been undertaken.

The Trustees believe they have complied with their duty to have due regard to the guidance on public benefit published by the Commission in exercising their powers or duties.

Achievements and Performance

The Charity has provided funds to charitable organisations in both the UK and India in 2024/25 with some examples shown below:

Medicins Sans Frontieres, UK – doctors without borders – medical aid where it’s needed most. Independent. Neutral. Impartial - £3,000

Al Mubarak Foundation, UK – providing a weekly food bank for West Yorkshire residents- £3,000

Macmillan Cancer Support, UK – care and support for people living with cancer - £3,000

Tajweedul Quraan, India – education and accommodation for the poorest children in the Uttar Pradesh region of India. Also preparation of food parcels for the people of Delhi and surrounding areas - £10,000

Falah-e-Daarain Trust, India – housing, education and food for the poorest people in the Uttar Pradesh region of India - £10,000

The Trustees believe the donations made in the year contributed greatly to achieving the Charity’s stated aims.

Financial Review

The financial position of the Trust at the year-end shows reserves of £1,045k. This was after a deficit incurred in the year of £82k, following an extensive refurbishment of our London property. The liabilities include a noninterest-bearing loan of £50k due to a Trustee.

Income from property investments yielded £96k. Donations received in the year were £11k. The Charity aims to donate a third of income to fulfil its aims and objectives, spend a third on maintenance of the property portfolio and the final third on building the investment portfolio, so that in future, more meaningful contributions can be made to charitable efforts. Due to a repair budget of £141k for refurbishment of property, a deficit was made in the year. Despite this investment, 29% (£31k)of income was donated to deserving causes.

The Charity is in good financial health and there are no risks the Trustees are considering which would impact the going concern status of the Trust.

Plans for Future Periods

The Trustees regularly review the direction of the Charity and how it can fulfil its aims and objects, including the consideration of risks and the broadening of the investment portfolio into different investment classes.

There are some cash funds available to invest in new projects and the current property portfolio. Trustees are actively considering various investment options, working with property and finance professionals.

The impact of Covid on tenants has now subsided and many individuals now choose to work from home. The Charity continues to provide safe, warm and comfortable accommodation for all tenants.

In order for the Charity to achieve efficiencies in its operations and enhance protection for Trustees, work has been ongoing into researching converting the Charity into a Charitable Incorporated Organisation (CIO). This work will be presented to Trustees at the AGM for a decision. The change in structure is expected to take six months.

The Trust follows and regularly reviews a suite of robust policies, as agreed with the Charity Commission and has also strengthened its assurance procedures to continue its overseas work.

Structure, Governance and Management

The governing document is a Constitution adopted on 22nd August 1999, then amended on 10th November 2002. The Charity is constituted as an unincorporated association, being managed by volunteers. During the financial year, with the help of the Charity Commission, Trustees continue to review and update a suite of policies which has greatly enhanced the governance effort.

The Charity currently has ten Trustees, and the governing document recommends a minimum of four meetings a year and a quorum of three Trustees to establish a meeting. Due to the geographical dispersion of Trustees, meetings are held in Yorkshire, London and Gloucestershire. Decisions are made both within these Trustee meetings, conference calls and through email correspondence.

Trustees are selected by interview and based on a need to fulfil a skills gap or the addition of specialist knowledge. Periodically, observers are invited to attend meetings in order to understand the work of the Trust and provide counsel.

All risks to which the charity is exposed, as identified by the Trustees, have been reviewed and procedures have been established to manage those risks.

Dr Ibrahim Chaus Chairman

IMDAADUL GHURABAA TRUST

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

Responsibilities and basis of report Independent examiner’s statement

I report to the trustees on my examination of the accounts of the Imdaadul Ghurabaa Trust for the year ended 31 March 2025, which are set out on pages 2 to 3.

Responsibilities and basis of report

As the Charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Charity’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 giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.

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.

M Lakhi .

……………………………………………

Muddassir Lakhi AFA

S. A. Chopdat & Co 134 Bradford Road Dewsbury WF13 2EW

20 / 10 / 25

Date: ……………………………………..

IMDAADUL GHURABAA TRUST

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025

Incoming Resources Rental Income Bank Interest Donations received Other income Total Incoming Resources Resouces Expended Charitable Donations Rates and Water Light and Heat Insurance Repairs and Mainteance Legal Fees Cleaning and general Management Fees Bank Charges Accountancy Total resources expended Net Income	Note		95,855 1,277 10,685 608 108,425 31,000 6,714 - 3,991 140,917 3,125 2,169 1,538 161 315 189,930 81,505 - Unrestricted funds	- - - - - - - - - - - - - - - - Restricted funds			95,855 1,277 10,685 608 108,425 31,000 6,714 - 3,991 140,917 3,125 2,169 1,538 161 315 189,930 81,505 2025		95,927 1,500 6,833 375 104,635 2024
									22,000 3,877 - 3,679 60,523 4,054 - 1,018 306 315 95,772
			-			-			8,863

IMDAADUL GHURABAA TRUST

BALANCE SHEET AS AT 31 MARCH 2025

Fixed Assets Properties CURRENT ASSETS Prepaymnets Balance at Bank CURRENT LIABILITIES Creditors and Accruals Net Current Assets Long Term Loans REPRESENTED BY: CAPITAL ACCOUNT Reserve Surplus Income for Year	1,032,929 710 70,607 71,317 8,796 62,521 50,000 1,045,450 1,126,955 81,505 - 1,045,450 Unrestricted funds		- - - - - - - - - - - Restricted funds	1,032,929 710 70,607 71,317 8,796 62,521 50,000 1,045,450 1,126,955 81,505 - 1,045,450 2025	1,032,929 1,011 153,188 2024
					154,199 10,173
					144,026
					50,000 1,126,955
					1,118,092 8,863
					1,126,955

IMDAADUL GHURABAA TRUST

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

1.1 Basis of Accounting

The financial statements have been prepared in accordance with "Accounting and Reporting by

Charities:Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

There are no material uncertainties about the charity's ability to continue, and so the going concern basis of accounting has been adopted.

1.2 Fund Accounting

General Or Unrestricted funds are those which are used at the discretion of the trustees in furtherance of the general objective of the charity

Restricted funds are those which are to be used in accordance with specific restrictions imposed by donors or raised by charity for a particular purposes.

1.3 Resources Expended

Resources expended are included in the statement of Financial activities on an accrual bases inclusive of any VAT which cannot be recoverable.

1. FIXED ASSETS INVESTMENTS

Properties 2. CURRENT ASSETS Balance at bank 3. DEBTORS & PREPAYMENTS Rent 4. CREDITORS & ACCRUALS Bond Rent Repairs and maintenance Agent fees Accountancy	2025 1,032,929 70,607 710 5,976 2,505 - 315 8,796	2024 1,032,929 153,188 1,011 3,848 - 5,511 499 315
		10,173

IMDAADUL GHURABAA TRUST

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

5. TRUSTEES & RELATED PARTIES

Trustees expenses and remuneration	None	None
Number of trustees who were paid expenses	Nil	Nil
Total amount Paid	Nil	Nil
Trustees Remuneration	Nil	Nil