2022-03-31-accounts - Faizan E Islam Education & Cultural Trust

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Trustees’ Annual Report for the period

From 01/04/2021 To 31/03/2022 Charity name: FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST

Charity registration number: 1098337

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Education/training, religious activities, Arts/culture/heritage/science, Famine relief, Poverty relief, Local sports
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Classed 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- established at centres.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	All activities undertaking are for public benefit.

Achievements and Performance

~~DG~~ SORP reference

Centres re-open after Covid More classes started, More community activities.

Summary of the main Para 1.20 achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Charity consistent with previous years
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held for charitable purposes
Amount of reserves held	Para 1.22	Similar to previous years
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust deed
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Trust deed
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Election

Reference and Administrative details

Charity name	FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST
Other name the charity uses
Registered charity number	1098337
Charity’s principal address	229 AYRES ROAD MANCHESTER M16 9LR

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, etc)

Date 16/01/2023

Names of the charity trustees who manage the charity

1 2 3	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (if any)
	G RABBANI
	S SYED
	M AFZAL

Declarations

Charity No (ifany) 1098337 Period start date 01 April 2021 To Period end date 31 March 2022 FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST Annualaccountsforthe period —~~—————— ~~ FOR ENGLAND AND WALES	Charity No (ifany) 1098337 Period start date 01 April 2021 To Period end date 31 March 2022 FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST Annualaccountsforthe period —~~—————— ~~ FOR ENGLAND AND WALES	Charity No (ifany) 1098337 Period start date 01 April 2021 To Period end date 31 March 2022 FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST Annualaccountsforthe period —~~—————— ~~ FOR ENGLAND AND WALES	Charity No (ifany) 1098337 Period start date 01 April 2021 To Period end date 31 March 2022 FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST Annualaccountsforthe period —~~—————— ~~ FOR ENGLAND AND WALES	Charity No (ifany) 1098337 Period start date 01 April 2021 To Period end date 31 March 2022 FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST Annualaccountsforthe period —~~—————— ~~ FOR ENGLAND AND WALES	Charity No (ifany) 1098337 Period start date 01 April 2021 To Period end date 31 March 2022 FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST Annualaccountsforthe period —~~—————— ~~ FOR ENGLAND AND WALES	Charity No (ifany) 1098337 Period start date 01 April 2021 To Period end date 31 March 2022 FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST Annualaccountsforthe period —~~—————— ~~ FOR ENGLAND AND WALES	Charity No (ifany) 1098337 Period start date 01 April 2021 To Period end date 31 March 2022 FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST Annualaccountsforthe period —~~—————— ~~ FOR ENGLAND AND WALES	Charity No (ifany) 1098337 Period start date 01 April 2021 To Period end date 31 March 2022 FAIZAN E ISLAM EDUCATIONAL & CULTURAL TRUST Annualaccountsforthe period —~~—————— ~~ FOR ENGLAND AND WALES	~~ie~~
Section A Statement of financial activities	Section A Statement of financial activities	Section A Statement of financial activities
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		275,401	-	-		275,401	237,700
Charitable activities		S02		8,357	-	-		8,357	63,520
*Total*		S07		283,758	-	-		283,758	301,220
Resources expended (Note 6)
Expenditure on:
Charitable activities		S09		297,130	-	-		297,130	269,006
*Total*		S12		297,130	-	-		297,130	269,006

Net income/(expenditure) before investment	Net income/(expenditure) before investment
gains/(losses)		S13	-	13,372 -	-	-	-	13,372 -	32,214
Net income/(expenditure)		S15	-	13,372 -			-	13,372 -	32,214
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	-	13,372 -			-	13,372 -	32,214
*Reconciliation of funds:*
Total funds brought forward		S21		249,732	-	-		249,732	217,518
*Total funds carried forward*		S22		236,360				236,360	249,732
1

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Section B Balance sheet

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	932,000
	932,000	-	-	932,000	932,000

	236,360	-	-	236,360	249,732
	236,360	-	-	236,360	249,732

	-	-	-	-	-

	236,360	-	-	236,360	249,732

	1,168,360	-	-	1,168,360	1,181,732

	668,911	-	-	668,911	690,917

	#REF!	#REF!	#REF!	#REF!	490,815

	236,360	-		236,360	249,732
	236,360	-	-	236,360	249,732

	Signature		Print Name		Date of approval dd/mm/yyyy
G Rabbani			G Rabbani		16/01/2023

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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 Statement of Recommended Practice: Accounting and Reporting by Charities • and with  preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with  the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)

and with the Charities Act 2011.

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



-Tick as appropriate

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*  * -Tick as appropriate

1.4 Changes to accounting estimates

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

Yes*  * -Tick as appropriate

1.5 Material prior year errors

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

Yes*  * -Tick as appropriate

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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 Donated services and facilities that are consumed immediately are recognised as i ith i l t t i d d th i t 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. Donated services and facilities Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. 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 when receivable. 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
			
	Yes No N/a
			
	Yes No N/a

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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	Analysis of income
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Donations andgifts 275,401 - - 275,401 237,700 General grants provided by government/other charities 8,357 - -8,35763,520 Total 283,758 - - 283,758 301,220 283,758 - - 283,758 301,220 TOTAL INCOME Analysis Donations and legacies:	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis
	Donations andgifts	275,401	-	-	275,401	237,700
	General grants provided by government/other charities	8,357	-	-	8,357	63,520
		283,758	-	-	283,758	301,220

		283,758	-	-	283,758	301,220

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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 1 Government grant 2	This year £ Description	This year £ Description
	JRS	5,857
	Waltham forest	2,500
	Total Description	8,357
		Last year £
	JRS	38,250
	Waltham Forest	25,000
	Total	63,250

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Section C Notes to the accounts (cont)

Analysis Note 6 Analysis of	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds £ expenditure This year Last	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds £ expenditure This year Last	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds £ expenditure This year Last	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds £ expenditure This year Last	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds £ expenditure This year Last	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds £ expenditure This year Last
Expenditure on charitable activities:
Charitable activities	297,130	-	-	297,130	269,006	-
Total expenditure on charitable activities	297,130	-	-	297,130	269,006	-

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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

Salaries and wages Total staff costs	This year £	Last year £
	49,197	63,387
	49,197	63,387

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 TRUE pension costs) for the reporting period of more than £60,000

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
£	£
8,125	8,645

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11.2 Average head count in the year		This year Number	Last year Number
	Charitable Activities	9	9
	Total	9	9

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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

Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Total £
932,000	-	-	-	932,000
932,000	-	-	-	932,000

932,000	-	-	-	932,000
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

20.1 Analysis of creditors
Bank loans and overdrafts Total	Amounts falling due within oneyear		Amounts falling due after more than oneyear
	This year £	Last year £	This year £	Last year £
	-	-	668,911	690,917
	-	-	668,911	690,917

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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 £
236,360	249,732
236,360	249,732

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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 employment with their charity or a related entity (True or False)

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.

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 DEED	8,125	-	-	-	8,125

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

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

G RABBANI IS EMPLOYED VIA A CONTRACT AS IMAM.

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)

FALSE

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	8,645	-	-	-	8,645

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Please give details of why remuneration or other G RABBANI IS EMPLOYED AS IMAM. CONTRACT IN PLACE. employment benefits were paid. Where an ex gratia payment has been made to a trustee, NO provide an explanation of the nature of the payment.

28.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

No trustee expenses have been incurred (True or False)

TRUE

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Independent examiner's report on the accounts

Section A Independent Examiner’s Report

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

On accounts for the	31 MARCH 2022
year ended

Set out on pages	1-17
		(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 31/03/2022 .

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 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 [The charity’s gross income exceeded £250,000 and I am qualified to examiner's undertake the examination by being a qualified. statement

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:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
• the accounts did 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.

Signed: S Mahmood Date: 16/01/2023

Name: Saeed Mahmood ~~|~~ Address: 103 WASHWAY ROAD SALE M33 7TY

Oct 2018

IER