**Charity Number:** 1103145 ## BEDFORD SHIA COMMUNITY **Report of the Trustees and** Unaudited Financial Statements **Year Ended 31 December 2024** 1 ## **BEDFORD SHIA COMMUNITY** ## **Year Ended 31 ST December 2024** ||**Page no**|| |---|---|---| |**Contents of the Financial Statements**||| |Report of the Trustees|4-6|| |Independent Examiner's Report||7| |Statement of Financial Activities||8| |Balance Sheet||9| |Notes to the Financial Statements||10| 2 ## **BEDFORD SHIA COMMUNITY Year Ended 31 ST DECEMBER 2024** The trustees present their report with the financial statements of the Charity for the year ended 31 December 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **REFERENCE AND ADMINSTRATIVE DETAILS Registered Charity number** 1103145 ## **Principal address** 9 Ramsey close Kempston Bedford MK42 7HQ ## **Trustees** MR MOHAMMAD SADIQ SABERI MR ABDUL KARIM YARI MR EZATULLAH GHORBANI MR ZAMENALI MIRZAI MR ARIF SHADMANI MR ZAHIR YARI Mr Javed Amiry ## **Independent Examiner** Abbas Sadak FCCA, CTA MIoD True Tax and Accountancy Limited WOSGA House 19 Stoneleigh Court Westcroft Milton Keynes MK4 4BS 3 ## **BEDFORD SHIA COMMUNITY Year Ended 31 ST DECEMBER 2024** ## **Report of the Trustees** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Charity is controlled by its governing document, a deed of trust, and constitutes an unincorportated charity. ## **Organisational structure** The Charity is governed by its constitution and is constituted as a charitable trust. The trustees are responsible for the overall management and control of the Charity and meet regularly to manage its affairs. ## **Risk management** The trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The managing trustees have assessed the major risks to which the Charity is exposed, in particular the risk that lack of funds will prevent the Charity from achieving its aims and objectives. Since introducing more fundraising events, including schemes such as that of £1,000 donations from members who can afford it, the Charity has taken appropriate steps in order to ensure that sufficient funds are in place and thereby ensuring the Charity is able to continue it's present activities. 4 ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** - (1) To promote the benefit of the BEDFORD SHIA COMMUNITY and surrounding areas by: - The advancement of the Islamic faith for the benefit of the public, in accordance with the tenets and doctrines of the Shia Ithna Asheri Shariah. - The relief of poverty, sickness and distress. - To further or benefit the residents of Bedford and the neighbourhood,without distinction of sex, sexual orientation, race or political, religious or other opinions by associating together the said residents and the ## **BEDFORD SHIA COMMUNITY Year Ended 31 ST DECEMBER 2024** local authorities, voluntary and other organisation, in a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for the residents. - (2) For any other purpose deemed charitable by the law of England and Wales as the trustees shall from time to time determine. In furtherance of these objects, the trustees shall have power to establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promotoed by the Charity. ## **Charitable activities** 5 The Trustees consider that the performance of the Charity has been satisfactory and has been successful in fulfilling its aims and objectives. The Charity has organised events, activities and programmes to fulfil its objectives and has ensured that it has used all mediums at its disposal to promote the services provided by the Charity. The Charity has organised a number of activities including: - a) Providing information services for its members and directing them to the appropriate authorities. - b) Having a football team which provides a leisure time activity for the members. - c) Informing members of training and education opportunities in the city to improve their knowledge and skills. - d) Having a Religious School in order to teach children. - e) Running religious programs in the holy Islamic months of Muharram, Safar, Ramadhan etc ## **FINANCIAL REVIEW** ## **Principal funding sources** The association receives subscriptions as well as raising funds at different events. Since November 2007 a membership fee of £40 per month has been collected. There are over 90 members who pay regular membership fees. The association also raises funds of £1,000 per member or family for those who can afford it. In the future, the association will carry on fundraising and will also apply for grants in order to fund the activities. **BEDFORD SHIA COMMUNITY Year Ended 31 ST DECEMBER 2024** ## **Property Purchase** 6 It has been an aim of the Charity to be able to conduct its activities from its own premises. In early 2018, the Charity has successfully raised funds for acquisition of a community centre to enable the charity to conduct its operations and activities from the centre and provide it with a recognisable identity. ## **FINANCIAL REVIEW** The association receives subscriptions as well as raising funds at different events. The fund raising efforts have grown significantly with the support of the community over the last few years. We continue to ensure that donations are collected to repay the outstanding loan and god willing our target is to repay this back within the next five years with continued efforts. ## **FUTURE DEVELOPMENTS** The trustees’ future strategy focuses firmly on achieving a debt‑free centre. With steady progress in reducing the outstanding loan, we are confident that — through the continued support and dedication of our members — the Charity will soon be free of all liabilities and external loans. This unity ensures the preservation of our centre as a spiritual and community hub for future generations. The Charity’s activities were fully functional in the year and normal programs are in place i.e regulary lectures, quran classes, Sunday school (madressa) etc. ## **Other activities** - a) Providing information to members through group discussions and presentations about life in the United Kingdom and to educate them about the culture, rules and regulations in this country. - b) Arranging English classes in order to teach the members to read, write and speak English and to learn about the local culture, communicate with other members of the community and integrate in the society that they live in. - c) Printing leaflets and arranging presentations to provide awareness about the use of banned drugs. ## **ON BEHALF OF THE BOARD:** 7 MR ABDUL KARIM ## **BEDFORD SHIA COMMUNITY** ## **Year Ended 31 ST DECEMBER 2024** Independent Examiner's Report to the Trustees of Bedford Shia Community. I report on the accounts for the year ended 31 December 2024 set out on pages seven to ten. ## **Respective responsibilities of trustees and examiner** The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination as required. It is my responsibility to: - a) examine the accounts under Section 145 of the 2011 Act - b) to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and - c) to state whether particular matters have come to my attention. ## **Basis of the independent examiner's report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statements below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to belive that, in any material respect, the requirements 9 - a) to keep accounting records in accordance with Section 130 of the 2011 Act; and - b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Independent Examiner** Abbas Sadak FCCA, CertIFR, CTA MIoD, True Tax and Accountancy Limited WOSGA House, 19 Stoneleigh Court, Westcroft, Milton Keynes, MK4 4BS ## **BEDFORD SHIA COMMUNITY STATEMENT OF FINANCIAL ACTIVITIES ACCOUNTING PERIOD 31[ST] DECMEBER 2024** ||||Total Funds|Total Funds| |---|---|---|---|---| ||Unrestricted
Funds|Restricted
Funds|31-Dec-24|31-Dec-23| ||£|£|£|£| |INCOMING RESOURCES||||| |Incomingresources fromgenerated funds||||| |||||| |VoluntaryIncome|0|58,162|58,162|31,655| |||||| |Total IncomingResources|0|58,162|58,162|31,655| |||||| |RESOURCES EXPENDED|0|(13,522)|(13,522)|(21,723)| |||||| |NET INCOMING/OUTGOING RESOURCING|0|44,640|44,640|9,932| |||||| |RECONCILIATION OF FUNDS||||| |||||| |Total Funds Brought Forward|0|254,265|254,265|244,333| |||||| |TOTAL FUNDS CARRIED FORWARD|0|298,905|298,905|254,265| The financial statements were approved by the Board of Trustees on 22[nd] September 2025 and were signed on its behalf by: **…………………………….** **MR ABDUL KARIM** 10 ## **BEDFORD SHIA COMMUNITY BALANCE SHEET ACCOUNTING PERIOD 31[ST] DECMEBER 2024** ||Restricted
Funds|
Unrestricted
funds|
Total|Total| |---|---|---|---|---| ||||31-Dec-24|31-Dec-23| ||£|
£|
£|
£| |||||| |Fixed Assets|317,420|-|317,420|317,420| |||||| |Current Assets||||| |Cash in Bank - Communityfund|4,063|-|4,063|10,269| |||||| |Current Liabilities||||| |Bank Loan|(22,578)||(22,578)|(73,425)| |||||| |||||| |NET ASSETS|298,905|-|298,905|254,265| |||||| |||||| |FUNDS||||| |Restricted Funds|298,905|-|298,905|254,265| |Unrestricted Funds|-|-|-|-| ||298,905|-|298,905|254,265| |||||| The financial statements were approved by the Board of Trustees on 22[nd] September 2025 and were signed on its behalf by: **…………………………….** **MR ABDUL KARIM** 12 ## **BEDFORD SHIA COMMUNITY Year Ended 31 ST DECEMBER 2024** ## **Notes to the Financial Statements** ## **ACCOUNTING POLICIES** ## **Accounting convention** The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** No depreciation is provided as the charity does not own any assets. ## **Taxation** The Charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the 13 objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. All the restricted funds in the year and earlier periods relate to the property fund. 14