Registered Charity No 1090502 Registered Address 33 TRING ROAD AYLESBURY BUCKS HP20 1LD
Charity Name: AYLESBURY ISLAMIC EDUCATIONAL TRUST Documents Type: FINANCIAL REPORTS & STATEMENTS Period: FOR THE YEAR ENDED 31 DECEMBER 2023
Prepared By: G & S ACCOUNTANTS LTD 1ST FLOOR LEIGH COURT LEIGH STREET, HIGH WYCOMBE BUCKS HP11 2QU
Cover
AYLESBURY ISLAMIC EDUCATIONAL TRUST FINANCIAL REPORTS & STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
| Contents | Page |
|---|---|
| Trustees Information | 1 |
| Accountant's Report | 2 |
| Statement of Trustees Responsibilities | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 |
Contents
AYLESBURY ISLAMIC EDUCATIONAL TRUST TRUST INFORMATION
| Managing Trustee: | Mr Aftab Ahmed |
|---|---|
| Secretary: | Mr Aftab Ahmed |
| Treasurer: | Mr Aftab Ahmed |
| Trustees: | Mr Aftab Ahmed |
| Muhammad Amir | |
| Mohammed Nasir |
Page 1 of 6
AYLESBURY ISLAMIC EDUCATIONAL TRUST ACCOUNTANTS REPORT TO THE DIRECTOR'S ON THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
As described on page 3 you are responsible for the preparation of the accounts for the period ended 31 December 2019, set out on the pages 4 to 6.
In accordance with your instruction, we have complied these unaudited accounts in order to assist you to fulfil your responsibilities, from the accounting records,information and explanations supplied to us.
G & S Accountants Ltd Dated:
Page 2 of 6
AYLESBURY ISLAMIC EDUCATIONAL TRUST STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2023
The trustee are required to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the trust and of its financial activities for the period. In preparing those financial statements the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
follow applicable accounting standards, subject to any material departures disclosed and explained in the financial statemets;
-
prepare the financial statements on a going concern basis unless it is inappropriate to assume that the trust will continue in business.
The trustee are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the trust. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularties.
............................................... Mr Aftab Ahmed Managing Trustee .............................................. Mr Aftab Ahmed Secretary .............................................. Mr Aftab Ahmed Treasurer
Page 3 of 6
AYLESBURY ISLAMIC EDUCATIONAL TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
| Notes Incoming Resources Alms & Donations GRANTS Other Income 2 Expenditure Salaries & NI Water Charges Charges & Fees planning permission Fees Cost of Labour Light & Heat Insurance Fancing Fees Consultancy Legal & Professional fees Legal & Professional fees Council Tax Utilities Fee Sundry expenses Net Surplus / (deficit) for the year |
2 0 2 3 2 0 2 2 2 0 2 1 £ £ £ 49,411 32,313 31,686 16,230 - - - |
|---|---|
| 49,411 32,313 47,916 21,142 29,432 24,274 473 274 161 120 952 2,769 - 238 714 - 1,914 1,351 - 1,504 142 180 321 323 381 323 2,608 729 - - 30,312 31,234 28,779 |
|
| 19,099 1,079 19,136 |
Page 4 of 6
AYLESBURY ISLAMIC EDUCATIONAL TRUST BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2023
| 2 0 2 3 | |||
|---|---|---|---|
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 3 | 338,636 | |
| CURRENT ASSETS | |||
| Debtors | 49,671 | ||
| Cash at Bank | 73,052 | ||
| Cash in hand | |||
| 122,723 | |||
| Current Liabilities | |||
| PAYE | |||
| - | |||
| Net Current Liabilities | |||
| - | |||
| - | |||
| 461,359 | |||
| Represented by:- | |||
| Accumulated fund | 4 | 461,359 | |
| The financial statements were approved by the Officers of the Committee on ... | |||
| ............................................... | |||
| Mr M Rafiq | Managing Trustee | ||
| .............................................. | |||
| Mr Aftab Ahmed | Secretary | ||
| .............................................. | |||
| Mr M Siddique | Treasurer |
Page 5 of 6
1
AYLESBURY ISLAMIC EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting Policies
Accounting convention:
The financial statements have been prepared under the historical cost conversion.
2
Other Income
£ - - - -
3 Tangible Fixed Assets
4
| £ £ £ Cost Balance b/f Additions Deletions Property 338,636 - Office Equipment - - - Furniture & Fixture - - - Accumulated fund Balance b/f Surplus / (deficit) for the financial year Balance c/f |
£ Balance c/f 338,636 - - |
|---|---|
| 338,636 | |
| £ 442,144 19,215 |
|
| 461,359 |
| CASH BOOK | ||
|---|---|---|
| OPENING BALANCE | 7,360 | |
| RECEIPTS | - | |
| TOTAL AVAILABLE | 7,360 | - |
| PAYMENTS | ||
| CLOSING BALANCE | 7,360 | - |
Page 6 of 6
Notes