Charity registration number.. 1098337 FAIZAN E ISLAM EDUCATION & CULTURAL TRUST TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Falzan E Islam Educatlon & Cultural Trust Contents Page Trustees, Report Independent Examiner's Report Statement of Flnancial Activitles Statement of Financial Position Notes to the Financial Statements The following pages do not form part of the statutory accounts.. Detailed Statement of Financial Activities
Falzan E Islam Educatlon & Cultural Trust Trustees, Report For The Year Ended 31 March 2025 The trustees present their report and the financial statements for the year ended 31 March 2025. Objectives and Activities Alms and ObJectlve$ By such means as are charitable, throughout the wodd an¢ more partlculady Manchester and In the United Klngdom.. IA) The advancement of religious and general education for the public benefit,. IBI The advancement of the faith and religious practices of Islam,. (Cl The relief of poverty, sickne55, di5tres5, and suffering of any person5 who are in need irrespective of their nationality, race, ethnic orlgin, and religlous beliefs; and IDI The advancement of other charitable purposes for the benefit of the public, to provide recreational facilities and activities in the interests of social Welfa with the object of improving the conditions of life for those persons in need of such facilities. Reference and Administrative Details Trustee$ Mr Ghulam Rabbani Chalr Mr Waseem Hussain Trustee lappointed 21102120251 Miss Attiya Afzal - Trustee Mr Syed Afzal Truste Charity Number 1098337 Principal Address 229 Ayres Road Old Trafford Manchester M16 9LR Independent Examlner M.R Accountants Ltd M.R Accountant5 Ltd 9b The Broadway Woodford Green Essex IG8 OHL Page I
Falzan E Islam Educatlon & Cultural Trust Trustees. Report {continued} For The Year Ended 31 March 2025 The trustees, report was approved by the board of trustees and signed on its behalf by.. Mr Ghulam Rabbani Trustee 2810112026 Page 2
Faizan E Islam Educatlon & Cultural Trust Independent Examiner's Report to the Trustees of Faizan E Islam Education & Cultural Trust For The Year Ended 31 March 2025 port to the trustees on my examination of the accounts of Faizan E Islam Education & Cultuftl Trust (the Trust) for the year ended 31 March 2025. Responsibilities and Basis of Report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I-the Act"). I report in respect of my examination of the Trust'5 account5 carried out under section 145 of the 2011 Art and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent Ex•miner'$ Ststement Since the Trust's gross income exceeded £250,000 your examiner must be a member of a body listed in sectlon 145 of the 2011 Act. I confirm that I arn qualified to undertake the exarnination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm th3t no material matters have come to my attention in connection with the examination giving rne cause to believe that in any rnaterial respect.. accounting records were not kept in respect of the Trust as required by section 130 of the Act: or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities IAccount5 and Reports) Regulations 2008 other than any requirernent that the accounts give a 'true and fair view, which is not a matter considered as pari of an independent examination. I have no concerns and have come across no other matters in connection with the examlnation to whlch attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. M.R Accountants Ltd 2710112026 M.R Accountants Ltd 9b The Broadway Woodford Green Essex IG8 OHL Page 3
Falzan E Islam Educatlon & Cultural Trust statement of Financial Activities For The Year Ended 31 March 2025 2025 2024 Unrestricted Unrestricted funds funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 678,680 435.189 EXPENDITURE ON: Raising funds Charitable activities.. 1309,6441 1321,0361 NET INCOME 369,036 114.153 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward 369,036 114,153 835,589 721,436 TOTAL FUNDS CARRIED FORWARD li 1,204,625 835,589 The notes on pages 6 to 8 form p3rt of these fin3nci31 statements. Page 4
Falzan E Islam Educatlon & Cultural Trust statement of Financial Position As At 31 March 2025 2025 2024 Unrestricted funds Total funds Notes FIXED ASSETS Tangible Assets 932.000 932.000 932.000 932.000 CURRENT ASSETS Cash at bank and in hand 748,738 446,031 748.738 446.031 NET CURRENT ASSETS {LIABIUTIES) 748,738 446,031 TOTAL ASSETS LESS CURRENT LIABILITIES 1.680.738 1.378.031 Credltors: Amounts Falllng Due After More Than One Year 1476,1131 1542,4421 NET ASSETS 1,204,625 835,589 FUNDS OF THE CHAIUTY Unrestricted Funds 1,204,625 835,589 TOTAL FUNDS 1,204,625 835.589 On behalf of the t>oard Mr Ghulam Rabbani Trustee 28/01/2026 The notes on page$ 6 to 8 form part of these financial statements. Page 5
Falzan E Islam Educatlon & Cultural Trust Notes to the Financial Statements For The Year Ended 31 March 2025 l. General Information Faizan E 151am Education & Cultural Trust is an unincorporated Charity registered with the Charity Commission, registered ch3rity number 1098337. The principal address Is 229 Ayres Road, Old Trafford, Manchester, M16 9LR. 2. Accountlng Pollcles 2. 1. Basis of Preparation of Financial Statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I January 20191. Financial Reporting Standard 102 "The Financial Reporting Stsndard applicable in the UK and Republic of Ireland 2nd the Charities Act 2011. The charity is a Public Benefit Entity as defined by FRS 102. 2.2. Tangible Fixed Assets and Depreciation Tangible fixed assets are measured at cost less accumulated depreciatlon and any atcumulated impalrment losses. Depreciation Is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases.. Freehold No depreciation provided 2.3. Ca$h and C•$h Equlvalents Cash and cash equivalents are basic financial assets and include cash In hand and deposits held at call with banks, other short-terrn highly liquid investment5 that rnature in no more than three tnonth5 frotn the date of acquisition and are readily convertible to a known amount of cash with Insignificant risk of change In value, and bank overdrafts. 3. Income from Donatlons and Legacles 2025 2024 Unrestrlcted Unrestrlcted funds funds Donations and gifts Grants 678,680 427.689 7.500 678,680 435,189 4. Analysis of Expenditure 2025 Support cost$ Isee note 51 Raising funds 309.644 2024 Support costs Isee note 51 Raising funds 321,036 Page 6
Falzan E Islam Education & Cultural Trust Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 5. Support Costs 2025 Ralsing funds Ernployee costs General adrninistThtion 86,483 223.161 309,644 2024 Raising funds Employee costs General administotion 68,450 252,586 321,036 6. Staff Costs Staff costs were as follows.. 2025 2024 Wages and salaries 86,483 68,450 No employees received employee benefits lexcluding employer pension costs) for the reporting period of more than £60,000. 7. Average Number of Employees Average number of employees during the year was.. 15 12024.. 1 8. Tangible A55ets Land & Property Freehold Cost at l April 2024 932,000 at 31 March 2025 932,000 Net Book Value As at 31 March 2025 932.000 at l April 2024 932,000 9. Credltors.. Amounts Falllng Due After More Than One Year 2025 2024 Bank loans 476,113 542,442 Page 7
Falzan E Islam Education & Cultural Trust Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 10. Loans An analysis of the maturity of loans is given below- 2025 2024 Amounts falling due between one and five years.. 63nk loans 476.113 542.442 11. Movement in Funds As at l Aprll 2024 Asat31 Expenditure March 2025 Income Unrestricted funds General.. Gener31 unrestricted fund 835,589 678,680 1309,6441 1,204,625 Total funds 835,589 678,680 1309,6441 1,204,625 A$ at l Aprll 2023 A$at31 Expenditure March 2024 Income Unrestrleted funds General.. General unrestricted fund 721,436 435,189 1321,0361 835,589 Totsl funds 721,436 435,189 1321,0361 835.589 12. Transactions with Trustees Durlng the year the expenses relmbursed to the trustees or pald directly to third partles were as follows.. 2025 2024 13. Related Party Disclosures Page 8
Faizan E Islam Education & Cultural Trust Detailed Statement of Financial Activities For The Year Ended 31 March 2025 2025 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and legacies Grants 678,680 427,689 7,500 678,680 435,189 678.680 435.189 EXPENDITURE ON: Ralslng funds Wages and salaries Expenditure On Charitable Activities 186,4831 1223,1611 168,4501 1252,5861 1309,6441 1321,0361 1309,6441 1321,0361 NET INCOME 369,036 114,153 Page 9