CHARITY REGISTRATION NUMBER: 1093706 Munshi Trust UK Unaudited FRnancial Statements 31 March 2025 VE ANT A IATE LLP Versani Associaies LLP Independeni Examiner Thc Old Mill. 9 Soar tane L£ieesier LE3 5DE
Munshi Trust UK Financial Statements Year ended 31 March 2025 Page Ttustees. Annual Report Independent Examiner's ReEK)rt to the Trustees Siaiemeni of Financial Aciivi(ies Statcmcnt of Financial Positson Statement of Cash Flows Notes to Ihe Financial sments io
Munshi Trust UK Trustees. Annual Report Yvar ended 31 March 2025 The trustees present their retK)rt and the unaudited financial statetnents of the charity for the year ended 31 March 20?5. Referenee and Administrative Details Registered charit) name Munshi Trust UK Charity registration number l(P37( Principal otTiee Unity Hollse Fleher Sireti Bolton Lancashire BL3 6NE The Trllstee5 Mi Mu.%htdq Mun%hi Mr Dilaver Valli Mr Ebrahim Kaqsim Bas8a Mr Ibrahim Khansaheb Mr Salim Ibrahim Patel Mr Haroon Rashid Yakub Paiel Mr Munavvar Mun%hi Ms Razia Munshi Independent Examiner Mark Illints5WOrth FCA BA Th¢ Old Mill. 9 Soai Lanc LE3 5DE Structure, Governance and Management Constitlltion The Munshi Trust UK is constituted under a trust deed dated l August ?(KK) as amended by the supplemental trust deed dated ?4 September 21. The Munshi Trust UK registered as a charity on 4 September 2)2 and its rcgi5tered number is 1093706. Munshi Tn]qt UK (MTUKI h&8 been in 0ra(70n since 2(X)2 when li w&8 founded by mainly Gujaraii Di&qpora residents in the UK.
Munshi Trust UK Trstee5. Annual Report (coR¢iRiI} Yvar ended 31 March 2025 Structure, Governanee and Management IcoRliRuedl Organisation The (ru%ieeg who have served during the rid and since the year end are %et our on page l. Tn]qtees are appoinied trom Ihe Sunni Hanati Muslim communiiy and mllsi be no less Ihan 18 years of aTre and of Indian Bharuchi origin or desceni. The trusiees are appointed by the Board of Tn]sieLs and are then eniiiled 10 aci as a 1ru.qiee when they have slimed, in the minutr book of the $(ee$. a declarlOn of ac¢ep(ance and Willinne$S io aci in Ihe inieresi of the trusr. The board of trustees consists of no more than nine members. All members of the Board of Trustees hold office for thc t[lOd of thcir lifctimc. The tru%icc% dre rcquiTcd to hold le1 3 ordindry mcctingN" in ¢h ycdi. The trusiees have reviewed the major risks. and sysiems and pnKedures have been established to manage these risks. The trustecs confirm ihat the charily ha5 complicd with prcvailing laws and regUl10n5. The charity has adequate procedure% lor the induciion and trdining of new tsiJ8iees. Objectives Thc objcctivcs of thc charity arc to providc dirccl support ovcrscas to childrcn and young pcoplc in thc development of cducational facib"tie5 and programllKs lo ensuie that ihrough quality interventions the beneliciaries, lite chances are improved. MTUK also provides where required financial io help relief poverty with support in developing and protnoiing health programtne5.
Munshi Trust UK Trstee5. Annual Report (coR¢iRiI} Yvar ended 31 March 2025 Achievements and Performance Year 2024 - 2025 was combination of high hopes and high positive energy, as we have supported Munshi Manubarwala Memorial Charitable Trust Bharuch IMMMcfi. with trustCCS, Staff, parents and students to ensure that more and more beneficiaries take benefit fvom various Mmmcf managed institutions. This year selecied siaff from Senior Managemeni Team from Bharuch Campus were sent for the UK Edllcationai Trip and they 01 valuable inpuis from various Insiitution% which were as follows: l. Quality of Teaching.. .To deliyer and rigorously monitor high powered knowledge-based curriculunL .Sei Targets as per the skill and thlents of Sludents and improve ihe same. .Develop highly engaged workforce where every employee knows the organization's objective. .Device &ssessment methods and develop enriChnnt programs and career progression programs to collaiK>rale with the best talents in education. 2. Siaff Trnining & Del'elopmeni: .To create a respeLiful and open environmeni so thai the employee can develop their perqonai Skills, encourage. and facilitaies ream and slay upded. .To provide strllctured trdining for continuous professional developmeni. leadership developinent and skill development of staff so that they can meet the requirement of NEP 2025 and bring the best out of students. . Moiivaie the stall by appreciating them through appraisals awaids. .Working on their complainLS and feedback for creating a healthy and friendly atmosphe io work in. l. Behaviour Management.. .To create an open school environment in school where every child is responsible and self-aware for his discipline. matmer5 and pullctuality. .To frame policy and SOP for discipline. uniform and attendancc. .Aim iowards achievino the objeciive of sei cri(eria by developing a parallel system of moiivation throuoh ob.servation and feliciiation through awards. 4. Cotnmunication.. .To stay connected with the stakeholders. .Kcep th¢ stakehold¢rs infurtned and updatcd wilh vaTiou.4 graddiivn in school policy, Tlldnd¥cmcnl sysfcTll, admission annoUnCen[S etc. .Alumni management and their benefits to the institution. .Collect feedback from parcnls and update paienls for improvcmcnls of academic and cT coun5clling. .To Connect with goyemmeni agencies ond differeni NGOS and Loll#borntr with them. 5. Estate Management-. .To build a team which will work at different levels i.e.. (i) New conslrnciion. (ill Maintenance of wear and tear, (iii) Improvisation and beautificaiion.
Munshi Trust UK Trstee5. Annual Report (coR¢iRiI} Yvar ended 31 March 2025 .To look after the maintenance of entire premise and servicing of equipment. .To improvise and beaulify corridor5, Staircase5, wall and different cornepi of the premise that would crea ambicncc and facilitatc teaching Icarning proce5S. .To build up a sysiem thai ensures safery and securiry of the es(atr. 6. Events l Function l Trip Managetnent.. .To plan. organise and execute various curricular and cocurricular activities for holistic development of individual. .To dcvice 4innual cal¢ndaT for cv¢nts. funclion and trips" for making kttcr arrang¢m¢nls and cxccution and sYsmatiC work plan so ihai Ihe objecl1'e of the eveni is besi mei. .To maintain records for analysis of flaws and improvisation straiegy. .To screen the talents like Public Speaking. G(x)d writing. Acting. voice. painting, sports etc. 7. Student Wellbeing, & Sdf¢guarding- .To look afier ihe well-being of the children by creaung a safe environmeni. .To draft policy for the safety of students. sraff. visiiors a1 trdfFic management. .To systematically build up teatn from amongst the staff members to face catastrophe and safeguard. .To set sthndards for health and safely lor Siudeni and sthrr. .To take care of mental health of children throuoh pasiordl care. 8. cha[ter Dcvelopment= .To keep the studcnts. adhere the ethos and cthics of oui comvnunily and build culture. .To impart education io saiisfy spiriiual, moral. s(Kial and cullural needs of the swdents. .To reforni school assembly and prayer for creaiing faith culture. .To OrgZe vQu5 charter devcloptnenl prOg[all cducating and developing young miuds to dchieve expertise along wilh IslaTniC fdiih and Luliute. The decision of UK Educational Trip has proved to be iery much fruitful and thanks to all UK Institutes and Universily Managemeni for providing 360 Deeree tremendous £uidance. inpuLS and advises which include Teaching Methodology. praciices and pmcedures. education and adminisiraiion sysiem and many more. l am proud to shared that many of the areas from above 8 caiegories have been implemented and rest is planned 10 implemeni stage lSe. MMMCT Manaocd Institutc 14 siudLnrs from Alccf English Mcdium Schwl and I I studcnts from Haji Vali Bapu Dashanwala Primary School IGujarati Mcdium) wcrc sclcctcd in Giftcd30 Foundation and Fatcma l. Kdhdnwald Alecf Sccondary Sch(KJl IF.nglish MediuTll) and Munir MUshI Sharvajdnik Secondary School (Gujarati Medium) students were all selected in Gifted30 Target Batch 2023 2025 which will provide our school Selected students dn added advantagc. This year also has provided mmM with the &ssociaiion of ISSA Foundation UK 10 di%tribuie 20,(K)O RAMADAN Food Paikets 10 2,02? various beneficiaries of seleCd i'illages of Bharnch Distri¢i and socieiies and of Bhanjch Ci(y.
Munshi Trust UK Trstee5. Annual Report (coR¢iRiI} Year ended 31 March 2025 The trustees consider that the objectives of the charity have been met during the year. Finaneial Review The level of income for the year his been sufficieni [() enable the Trn%i io $llprt the eXndIre io satl8fy an appropriaie level of chariiable objectives. The remainin unrestricied funds available 10 the Trust are Sufficient io perniit il 10 continue in operaiion, ai curreni levels of Income and expendin]re, for the foreseeable future. All fund8 held are unrestricted. The charity s donation income has decreased this year frorn £770,260 to £730,277 and the investiiient income has increased from £13,647 to £19.8. The increase in investment income is due to other interest received. The charity's total expenditure has decreased from £778,IM)4 10 £254,?J9. This is due io the decrease in donlon Tnade duTing thc Yc. The charity had nei income for the year of £495.88212024= £5.813). The charity has tothl unrestricted funds of £1.428.633 (?0?4: £932.7511. Plans for Future Periods "We are launching our five-year plan 10 Inspire rhe Furure" Our plans are in Ihree n]ain areas: l. Onc Invcsting in our pcoplc- Staff, voluT]tccrs. parcnt community and our partncrs (cniploycrs) 2. Two Inveqiing in betier of technology and impn)ve our infr&%ffiicture. 3. Three Improve our educational attainment. In Llosing. we Wdnt to add that of the ¢xemplary wuik of MTUK Trustecs and the staff MMMCT Charity ould not be redliscd without the diligcncc. dcNotion. and knowlcdge of an incrcdibly dcdicatcd staff. l ai always struck by their thoughtful, upcn. and accomm(Klating mannei: a staff who welcomes new ideas and takes a genuine interest in every Mmmcf-funded projeci from the smallest project io all major changes. To them, we all owe a hugc thank you. The truse, annual report w&$ approved on 13 January 2026 and si.oned on behalf of the board of tru.qtees by.. 934EOCWC86A.hlC- jc-.J l.Q" E5=9n*lC Ms Razia Munshi
Munshi Trust UK Independent Eraminer's Report to the TTU5tees of Mun5hi UK Yvar ended 31 March 2025 I report to the trustees on my exaTnination of the financial Statents of Munshi Trust UK ('the charity,) for the year eDded 31 March 2025. Responsibilities and Basis or Report As the trusiees of the chariry you are reswbnsible for Ihe preparation of the financial statements in accordance WAth ihe requirements of the Charities Aci 2011 ('the Aci.). as amended by Chariiies Aci 2022. I report in respect of my examination of the charity's financial statements carried out under section 145 of the 201 l Act and in carrying out my examination I have followed all the applicable Directions given by the Charity ComtThission under section 14i(5){b) of the Act. Independent Examiner's Statement Since the charity s gross income exceeded L?50.(KX) your examiner must be a member of a body listed in section 145 of Ihe 2011 Aci. I confim thai l am qualified 10 undertake the e.Kaminaiion because l am a member of the Insritute of Chartered Accountants in England and Wales {ICAEW). which is one of the listed bodies. I have completed Tny cxaTnination. I confirm that no material matters have come to my attention in connection with the examination giving Tne cause to believe that in any material respect= accouniing records were noi kepi in respeci of ihe chariiy as required by seciion 130 of ihe Act; or the financial sratements do accord wilh those records-. or the fmancial stateIIlCDt5 do nol compl), wilh the applicable rcquircments collcerning the form and content ol- accounls set oul in the Charilies IA¢counis and Rewrts) Regulations ?008 oiher ihan any requirement that ihe accoullls give a 'true and fair. view W"Ch is nol a n]atter considered a5 part of an indcpendcnt CXdTnination. I have no concerns and have come across no oiher mallers in conneciion '][h the examinaiion io which atiention shoiild be drawn in this report in order io enable a proper undersianding of the accounts io be reached. Matk Illingsworth FCA BA Independeni Examiner The Old Mill. 9 Soar Lane L£icester LE3 5DE
Munshi Trust UK Statement of Financial Activities Yvar ended 31 March 2025 2025 2024 Unrestricied funds Tot9] funds Total funds Income and endoTrwments Donarions and Icgacies Investtnent income 730.277 19.864 730277 19,864 770,260 13,647 Total income 750.141 750,141 783.907 Expenditure Expenditure on charitable activities Total expenditure 254.259 254259 778,094 ?54.259 254259 778,094 Net income and net movement in funds 495.882 495082 Reconciliation of funds Total tunds brouohi forward 932.751 932,751 926,938 Total funds carried fonvard .4?8.633 1,428,633 932.751 The SVdiemen¢ of financial aciivities includes all gains and losses recognised in the year. All income dnd cxpendilure dcrivc froTll continuing activitie5. The notes on pages 10 to 14 forni part of these financial statsmenL
Munshi Trust UK statent of Financial Position 31 llar£h 2025 2025 2024 Note Current Ats ca.gh at bank and in hand 1,429,633 933,701 Creditors: amounts falling due withiti one year Net Current Assets 12 9.50 IA28,633 932.751 Total Assets Less Current Liabilities 1,428,633 932.751 Net A&sets 1,428,633 932.751 Funds of the Charity Unresiricied fundg 1,428,633 932.751 Total charity funds 13 IA28.633 932.7.51 These financial statenEnts were approved by the board of trustees and authorised for issue on 13 January 2026, dfc signed on behalf of the b0d by.. Ms Razia Munshi The notes on pages 10 to 14 forni part of these financial statsmenL
Munshi Trust UK Statement of Cash Flows Yvar ended 31 March 2025 2025 2024 Cash Flows from Operating Activiti Net income 495,882 5.813 Adjiislmentsfor.. Other interest receivable alld Similar income Interest payable and similar Chaiges Accrued expenses C&sh generated from operations (19,8(A) 318 50 (13,647) 597 476J86 (7,1271 Intere.%t paid Intere.$1 received 1318) 19,864 1597) 13.647 Net c&qh from operating acttviiies 495,932 5,923 Net Inerease in Cash and Cash Equivalents Cash and Cash Equivalents at Beginning of Year Cash and Cash Equivalents at End of Year 495,932 933,701 5,923 927,778 1,429,633 933,701 The notes on pages 10 to 14 forni part of these financial statsmenL
Munshi Trust UK Notes to the Financial Statements Yvar ended 31 March 2025 General InforntiOn The charity is a public benefit entily and a registered charity in England and Wales and 15 unincorporated. The address of the principal office 15 1 Prcston Road. Whittlc Ix Woods. Chorlcy. IAncashire, PR6 7PE. Statement of Compliance The finanLial stateTt*nts have beeT] prepared in compliallce with FRS 10?:The Financial Reporting Srandard appliLable in ihe UK and ihc Republic of Ireld,. thc Sut¢m¢ni of R¢LoTnTncnd¢d PrdCtiLc applicablc to charitiC5 preparing their account5 in accordancc 7th the Financial Rcpurting Standard dppliLablc in th¢ UK and Republic of Ir¢land IFRS 1021 {chIll¢s SORP {FRS 1021) and the CharilieN ALt 2011, as amended by the Charilies Aci 2022. The charity constitutes a public benefit eniity as defined by FRS 102. Accounting Policies {a) Basis of Preparation The financial .statements have been prepared on the historical cosi basis. as modified by the revaluation of ccrtain tinancial asscts and liabilitics mca5urcd at fair valuc through incomc or cxpcnditurc. {bl Going Concern There are no material uncertaintie5 aiKYUt the charity's ability to continue. {e) Judgements and Key Sourcos of Estimation Uncertainty The preparation of the fanCIal stalemeDts requires maDagement to make judgements, estimates and assumptions that arfcct thc amounts rcportcd. Thcsc C51imatcs and judgcTncnts arc continually rcvicwcd and are ba%¢d on expeticnc¢ and other lactors. including exFKCtations of fulure event% that ai¢ believed to be rcasonablc undcr thc circumstanccs. Id) Fund Arcollnting Unrc5trictcd fund5 are available for use at the discretion of thc tru51cc5 lo further any of the charity'5 purposes. {e) Incoming Resources All incomc is includcd in thc statcmcnt of financial activitlC5 whcn cntitlcmcnt has passcd to thc chlty, it i% probdble thdt ihc ¢conoTnic b¢n¢fit% &4sociatcd 1th the tran%aclion will flow to the charity dnd the amount Lan be ieliably measuied. The following specific wlicies ate applied io particul categoiies of in¢nme'. - income from donaiions are recorded when received. io-
Munshi Trust UK Notes to the Financi81 Statements (coR¢iRiied) Yvar ended 31 March 2025 Accounting Policies (continued) ID Resources Expended Expendiiure ]% rec(Trgni8ed on an accn]al% hasi% a liabiliry 18 incurred. EA ndItre include% any VAT which cannoi be fullv recovered, and is classified under headin0% of the 8iaiement of financial aciiviiie8 10 which it rel&tes-. expenditure on charitable activities includes all costs incurred by a charity in undertaking activilies that further its charitable aims for the benefit of its beneficiaries. including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expendilure includes all expendilure that is neither relatrd io raising funds for the charity nor part of iL% cxpcndilure on chariuble aclivilics. Donations and Igac]eS Unre%triLtrd Total Funds Funds Unre%ltiLled Total Fund% Funds 2024 2025 Donations Donations 730.277 730277 770.260 770,260 Investment Income Unrestricted Totsl Fund5 Fund5 2025 Unrestricted Total Fund5 Funds 2024 Bank interest rcccivable 19.864 19,864 13,647 13,647 Expenditure on Charitable ActiTrities b). Fund Type Unresiricied Total Funds Funds 2025 Unrestricred Total Funds Funds 2024 Direct charitable activities Support costs 152.7 1.352 2>2,907 lJ52 776.463 1.631 776.463 .631 254.259 254259 778.094 778.094 li
Munshi Trust UK Notes to the Financi81 Statements (coR¢iRiied) Yvar ended 31 March 2025 Expenditure on Charitable ActiTrities b). Activity T)ye Aciiviiies ndenaken direcily Support ¢osis Total funds 2025 Toial fund 2024 Direct charithble activiiies Governance cosis 952.W7 1.034 118 253,941 318 777,497 597 252.907 1.352 254259 778.094 Analjsis of Support Costs Indepcndenl Bank chaiges examiners fees Total 2025 Total 2024 Governanlc costs Support costs 318 318 1.034 598 1,034 318 1.034 lJ52 1,632 Net Ineome Net income is stated after charginJo (creditino 2025 2024 Foreign exchange differences (9) 198 10. Independent Examination Fees 2025 2024 Fees payable io the independeni examiner for.. Independeni examinaiion of the financial .siaiemenis ,826 11. Trustee Remuneration and EnSeS No trustccs rcccivcd rcmuncration from thc charity during thc ycar (2024.. £nil). Dllring the year there were iraiel expen_%es Ihat were mei by the chariry on behalf of a rrnstee carrying olli chariiable aciiviiies amoun(ino 10 £1.3661?024=£840). 12. Creditors: amounts falling due Jwithill one year 2025 2024 Accruals and deferred incon 950 12-
Munshi Trust UK Notes to the Financi81 Statements (coR¢iRiied) Yvar ended 31 March 2025 12. Creditors: 8mounts falling due within one year (coNliNuedl 13. Analysis of Charitable Funds Unrestricted funds At 31 March 202 Ai l April 2024 Income Expenditure Gcncral funds 932.751 750.141 (254.259) 1,428,633 Ai l April 2023 At Expendilllre 31 March 2024 Income General funds 926.938 783.907 (778.094) 932,751 14. Analysis of Net Assets Between Funds Unrestricted Total Funds Funds 2025 Curreni asseis Cieditors less than l year Net a&sets ,429.63 I i.(x)o) 1,429,633 ii.uooi 1,428.633 1,428,633 Unrestricted Total Funds Funds 2024 Current assets Creditors less than l year Net assets 933,701 (950) 933.701 (9501 932,751 932.751 15. Analysi5 of Changes in Net Debt At At l Apr 2024 C&4h flow4 31 Mar 2025 Cash at bank and in hand 933.701 495,932 1,429,633 13-
Munshi Trust UK Notes to the Financi81 Statements (coR¢iRiied) Yvar ended 31 March 2025 16. Related Parties During the year the charity made donaiions to Munshi Manubarwala Charitable Trust of £250,250 12024- £700,425). The trustees of the charity Mr Mushtaq Munshi, Mr Munavvar Munshi, Mr Dilavcr Valli. Mr Haroon Rashid Yakub Patel and Mr Salim Ibrahim Patel were also trustees in the Munshi Manubarwala Charitable Tiust. Dunno Ihe year the chariiy made no donaiions io Valli Chari(able Trusi (2024.. £70,0(KJl. The Iru%teeq of Ihe charity Mr Dilai'er Valli and Mr Hanx)n R&8hid Yakub Patel were also trn4tees in ihe Valli Chariiable Trust. 14-