_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 2024**
_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 2024**
|**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 2024**
As described on page 3 you are responsible for the preparation of the accounts for the period ended 31 December 2024, 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 2024**
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 2024**
|**Notes**
**Incoming Resources**
Alms & Donations
GRANTS
Other Income
2
**Expenditure**
Salaries & NI
Water Charges
Cost of Labour
Repair&Maintenance
Training
Insurance
Consultancy(RGL SURVEYS LTD)
Legal & Professional fees
Legal & Professional fees (Accountancy)
Council Tax
Utilities
**Net Surplus / (deficit) for the year**|**2 0 2 4**
**2 0 2 3**
**£**
**£**
**51,251**
**49,411**
**-**
**-**|
|---|---|
||**51,251**
**49,411**
41,431
21,142
747
473
9,321
2,769
1,620
434
571
1,254
1,351
707
1,504
182
142
337
323
1,137
2,608
**57,741**
**30,312**|
||**6,490**
**-**
**19,099**|
Page 4 of 6
## **AYLESBURY ISLAMIC EDUCATIONAL TRUST BALANCE SHEET**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Notes**
**£**
**£**
**FIXED ASSETS**
Tangible assets
3
**338,636**
**CURRENT ASSETS**
Debtors
39,027
Debtors (Loan Given to Muhammad Khalil&Farrat Jabeen on 06
17,500
Cash at Bank
59,706
Cash in hand
**116,233**
**Current Liabilities**
PAYE
-
**Net Current Liabilities**
**-**
-
**454,869**
**Represented by:-**
Accumulated fund
4
**454,869**
**2 0 2 4**|**Notes**
**£**
**£**
**FIXED ASSETS**
Tangible assets
3
**338,636**
**CURRENT ASSETS**
Debtors
39,027
Debtors (Loan Given to Muhammad Khalil&Farrat Jabeen on 06
17,500
Cash at Bank
59,706
Cash in hand
**116,233**
**Current Liabilities**
PAYE
-
**Net Current Liabilities**
**-**
-
**454,869**
**Represented by:-**
Accumulated fund
4
**454,869**
**2 0 2 4**|**Notes**
**£**
**£**
**FIXED ASSETS**
Tangible assets
3
**338,636**
**CURRENT ASSETS**
Debtors
39,027
Debtors (Loan Given to Muhammad Khalil&Farrat Jabeen on 06
17,500
Cash at Bank
59,706
Cash in hand
**116,233**
**Current Liabilities**
PAYE
-
**Net Current Liabilities**
**-**
-
**454,869**
**Represented by:-**
Accumulated fund
4
**454,869**
**2 0 2 4**|
|---|---|---|
||||
||**-**||
||||
|||**454,869**|
|||**454,869**|
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 2024**
## **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**|
||**£**
461,359
6,490
-|
||**454,869**|
**----- Start of picture text -----**
CASH BOOK
OPENING BALANCE 7,360
RECEIPTS -
TOTAL AVAILABLE 7,360 -
PAYMENTS
CLOSING BALANCE 7,360 -
**----- End of picture text -----**
Page 6 of 6
Notes