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← Faizan E Islam Education & Cultural Trust

2021-03-31-accounts

Trustees' Annual Report for the period Period start date Period end date 01 April 2020 31 March 2021 From To 0 Section A Reference and administration details Charity name FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST Registered charity number 1098337 Charity's principal address 229 Ayres Road Manchester Postcode M16 9LR ~~=~~ Names of the charity trustees who manage the charity Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any) 1 G RABBANI TRUST ELECTED 2 S SYED TRUST ELECTED 3 M AFZAL TRUST ELECTED ~~==~~ Section B Structure, governance and management Description of the charity’s trusts TRUST DEED Type of governing document

(eg. trust deed, constitution)

How the charity is constituted

TRUST

(eg. trust, association, company)

APPOINTED AND SELECTED Trustee selection methods ELECTION IF MORE THAN ONE TRUSTEE IS NOMINATED (eg. appointed by, elected by) Additional governance issues (Optional information) TRUSTEES GIVEN TRAINING ON TRUSTEE ROLE & RESPONSIBILITY You may choose to include additional information, where ANNUAL TRAINING relevant, about: • policies and procedures adopted for the induction and training of trustees; • the charity’s organisational structure and any wider network with which the charity works; • relationship with any related parties; • trustees’ consideration of ~~—~~ TAR 1 March 2012

major risks and the system and procedures to manage them.

Section C Objectives and activities

Education/training Religious activities Arts/culture/heritage/science Summary of the objects of the Famine relief charity set out in its Poverty relief governing document Local sports

Classes for community (children, women and men) – online during covid restriction period

Religious activities weekly – online during covid restriction period

Community meetings – online during covid restrictions period

Community feeds during covid

Centres reopened when restrictions removed and all activities re- Summary of the main established at centres activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

TAR

March 2012

2

Section D Achievements and performance

Summary of the main Building improvements for better facilities achievements of the charity during the year Engaged with community through online and physical meetings at centre Better relationships with wider community with community feeds throughout the covid period More volunteers are participating

TAR

March 2012

3

Section E Financial review

Reserves are available for charitable purposes

Brief statement of the charity’s policy on reserves Despite covid having an impact on donations, the trustees have ensured good communication with donors.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

G Rabbani

Full name(s) G RABBANI Position (eg Secretary, Chair, CHAIR etc)

Date 31/12/2021

TAR

March 2012

4

FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST Charity No (if any) 1098337 FOR ENGLAND AND WALES Annual accounts for the period Period end

Period start date 01-Apr-20 To date 31-Mar-21 ” — ~~———————~~ Section A Statement of financial activities Restricted Recommended categories by Unrestricted income Endowment activity funds funds funds Total funds £ £ £ £ Incoming resources (Note 3) F01 F02 F03 F04 Income and endowments from:

Recommended categories by
activity		 Guidance Notes Unrestricted
funds		 Restricted
income
funds		 Endowment
funds		 Total funds Prior year
funds
£ £ £ £ £
Incoming resources (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 237,700 - - 237,700 389,165
Grants 63,520 63,520 -
Total S07 301,220 - - 301,220 389,165
Resources expended (Note 6)
Expenditure on:
Charitable activities S09 269,006 - - 269,006 421,735
Total S12 269,006 - - 269,006 421,735
Net income/(expenditure) before investment
gains/(losses) S13 32,214 - - 32,214 - 32,570
-
Net gains/(losses) on investments S14 - - - - -
Net income/(expenditure) S15 32,214 - - 32,214 - 32,570
-
Extraordinary items S16 - - - - -
Transfers between funds S17 - - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use S18 - - - - -
Other gains/(losses) S19 - - - - -
Net movement in funds S20 32,214 - - 32,214 - 32,570
Reconciliation of funds:
Total funds brought forward S21 217,518 - - 217,518 250,088
Total funds carried forward S22 249,732 - - 249,732 217,518

1

Section B Balance sheet

Fixed assets
Tangible assets (Note 14)
Total fixed assets
Current assets
Cash at bank and in hand (Note 24)
Total current assets
Creditors: amounts falling due within
one year (Note 20)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after
one year (Note 20)
Total net assets or liabilities
Funds of the Charity
Unrestricted funds
Total funds
Signed by one or two trustees on behalf of all
the trustees		 Guidance Notes
B02
B05
B09
B10

B11
B12
B13
B14
B16
B19
B21		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total this
year
£
£
£
£
F01
F02
F03
F04		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total this
year
£
£
£
£
F01
F02
F03
F04		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total this
year
£
£
£
£
F01
F02
F03
F04		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total this
year
£
£
£
£
F01
F02
F03
F04		 Total last
year
£
F05
932,000 - - 932,000 632,000
932,000 - - 932,000 632,000
249,732 - - 249,732 217,518
249,732 - - 249,732 217,518
- - - - -
249,732 - - 249,732 217,518
1,181,732 - - 1,181,732 849,518
690,917 - - 690,917 400,000
490,815 - - 490,815 449,518
249,732 - 249,732 217,518
249,732 - - 249,732 217,518
Signature Print Name Date of
approval
dd/mm/yyyy
G Rabbani G Rabbani 31/12/2021

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Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

The charity constitutes a public benefit entity as defined by FRS 102.*

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support NOT APPLICABLE the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the NOT APPLICABLE going concern assumption doubtful; Where accounts are not prepared on a going NOT APPLICABLE concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.

Yes *

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

Yes* 

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

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Section C Notes to the accounts (cont)

Note 2 Accounting policies 2.2 INCOME

This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.

Recognition of income
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
• the monetary value can be measured with sufficient reliability.
Donated goods
Contractual income and
performance related
grants
Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
Grants and donations
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
Government grants
The charity has received government grants in the reporting period
Tax reclaims on
donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
Gifts in kind for use by the charity are included in the SoFA as income from donations
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.		 Yes
No
N/a		 Yes
No
N/a		 Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a

Section C Notes to the accounts (cont)

Note 3 Analysis of income

Note 3 Analysis of income Analysis of income Analysis of income Analysis of income Analysis of income Analysis of income
Donations
and legacies:		 Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
Analysis
Donations andgifts 237,700 - - 237,700 389,165
General grants provided by government/other
charities		 63,520 - - 63,520 -
Other - - - -
Total 301,220 - - 301,220 389,165

TOTAL INCOME 301,220 - - 301,220 389,165

Other information:

All income in the prior year was unrestricted

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Section C Notes to the accounts (cont)

Note 4 Analysis of receipts of government grants

Government grant 1
Government grant 2
Government grant 3
Other
Government grant 1
Government grant 2
Government grant 3
Other		 This year
£
Description		 This year
£
Description
JRS 38,250
Waltham Forest 25,000
-
-
Total
Description		 63,250
Last year
£
-
-
-
-
Total -

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Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total funds
Unrestricted
funds
Restricted
income
funds
£
Note 6 Analysis of expenditure
This year
Last
Analysis
Expenditure on raising funds:
Expenditure on charitable activities:
Total expenditure on raising funds		 - - - - - -
Charitable activities 269,006 - - 269,006 421,735 -
Total expenditure on charitable
activities		 269,006 - - 269,006 421,735 -

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Section C Notes to the accounts

Note 10 Details of certain items of expenditure

10.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Please provide details of the amount paid for any statutory external scrutiny of
accounts and other services provided by your independent examiner. If nothing
was paid please enter '0' in the appropriate box(es).
Other fees (for example: financial advice, consultancy, accountancy services) paid
to the independent examiner
Independent examiner’s fees
Assurance services other than audit or independent examination
Tax advisory fees		 This year
£		 Last year
£
- -
- -
- -
- -

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Section C Notes to the accounts (cont)

Note 11 Paid employees Please complete this note if the charity has any employees.

11.1 Staff Costs

Total staff costs
Salaries and wages		 This year
£		 Last year
£
63,387 53,241
63,387 53,241

Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000

TRUE

Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity. For specific amounts paid to trustees, see Note 28.

Thisyear Lastyear
£ £
8,645 9,098

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11.2 Average head count in the year

This year
Number		 Last year
Number
Charitable Activities 9 8
Total 9 8

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Section C Notes to the accounts (cont)

Note 14 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 14.1 Cost or valuation

At the beginning of the year
Additions
Revaluations
Disposals
Transfers
At end of the year
Net book value at the beginning of the year
Net book value at the end of the year
14.3 Net book value*		 Freehold land &
buildings
£		 Other land &
buildings
£		 Plant,
machinery and
motor
vehicles
£
Fixtures, fittings
and equipment
£		 Total
£
632,000 - - - 632,000
300,000 - - - 300,000
- - - - -
- - - - -
- - - - -
932,000 - - - 932,000
632,000 - - - 632,000
932,000 - - - 932,000

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Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

Bank loans and overdrafts

Total Amounts falling due within
oneyear		 Amounts falling due within
oneyear		 Amounts falling due after
more than oneyear		 Amounts falling due after
more than oneyear
This year
£		 Last year
£		 This year
£		 Last year
£
- - 690,917 400,000
-
-		 690,917 400,000

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Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Cash at bank and on hand Total

This year
£		 Last year
£
249,732 217,518
249,732 217,518

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Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits This year

None of the trustees have been paid any remuneration or received any other benefits from an FALSE employment with their charity or a related entity (True or False)

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

==> picture [459 x 97] intentionally omitted <==

----- Start of picture text -----
Amounts paid or benefit value
Legal authority (eg Remuneration Pension Redundancy Other TOTAL
Name of trustee order, governing contribution (including
document) loss of
office)/ex
gratia
£ £ £ £ £
G RABBANI TRUST DEED 8,645 - - - [ 8,645 ]
----- End of picture text -----

Please give details of why remuneration or other G RABBANI IS EMPLOYED VIA A CONTRACT AS IMAM. employment benefits were paid.

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

==> picture [9 x 5] intentionally omitted <==

----- Start of picture text -----
NO
----- End of picture text -----

Last year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

==> picture [26 x 7] intentionally omitted <==

----- Start of picture text -----
FALSE
----- End of picture text -----

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Name of trustee Legal authority (eg
order, governing
document)		 Amounts paid or benefit value Amounts paid or benefit value Amounts paid or benefit value Amounts paid or benefit value Amounts paid or benefit value
Remuneration Pension
contribution		 Redundancy
(including
loss of
office)/ex
gratia		 Other TOTAL
£ £ £ £
G RABBANI TRUST 9,098 - - - 9,098

Please give details of why remuneration or other employment benefits were paid.

==> picture [161 x 5] intentionally omitted <==

----- Start of picture text -----
G RABBANI IS EMPLOYED AS IMAM. CONTRACT IN PLACE
----- End of picture text -----

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

NO

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Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST members of

On accounts for the year 31 March 2021 Charity no 1098337 ended (if any) Set out on pages 1-14 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2021

Responsibilities and As the charity trustees, you are responsible for the preparation of the basis of report accounts in accordance with the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’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

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of Association of Chartered Certified Accountants.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect,:

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.

Signed: S M Saddique Date: 31/12/2021 ~~Pe |~~ Name: SAEED MAHMOOD SADDIQUE ~~Cs~~ Relevant professional FCCA qualification(s) or body Address: 5 The Willows, Manor Avenue Sale, Cheshire M33 4NA

October 2018

IER

1