BLACKBURN U.K. TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 • xeinadin
BLACKBURN U.K. TRUST LEGALANDADMINISTRATIVE INFORMATION Trusteès Mr M S Dhanchora Mr M F Patel Mr S A Makda Mr l O Master (Appointed 25 February 20251 Princlpal address Office 1 Atlas House 73-75 Whalley Banks Blackburn Lancashire United Kingdom BB2 1NT Auditor Xeinadin Audit Limited Cilygate Longridge Road Preston Lancashire United Kingdom PR2 SBQ
BLACKBURN U.K. TRUST CONTENTS Page Trustees, report Independent auditor's report Statement of financial activities Balanc6 sheet Statement of cash flows Notes to the financial statements 10-17
BLACKBURN U.K. TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies sel out in note 1 to the financial slalements and comply with the 's governing document. the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended practi applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" Objectives and activities The objectives of the charity are as outlined in the charity's Governing Instrument i.e. Trust Deed. Public benefit The trustees have paid due regard lo guidance issued by the Charity Commission in deciding what activities the should undertake. Activities Brief descriptions of charitable activities currently being conducted are. lal Giving donations lo Muslim charitable organisalions and institutions such as Mosques, Religious & Secular Schools, Orphanages. Hospitals etc. for their developn)ent and niainlenance. Ibl Sponsoring poor children and orphans for their basic care and maintenance including providing them religious and secular education from elementary to advanced education through Muslim charitable organisalions and nslitulions. Icl Providing financial assistanc6 to poor, to widows. disabled and old age people for food, clothing, shelter and medical treatment directly or through Muslim charitable organisalions and inslilutions. Idl Providing aid to relieve the suffering of people affected by disasters by providing food, shelter, and medical treatment. lel Providing housing and water facilities in villages by drilling boreholes and fitb'ng hand pumps for use by the general public. Achlevements and performance Significant activities and achievements against objectives Charitable actlvltles During this accounting year ending 31 March 2025. the trustees consider that. like in the previous years, the charity has performed well. We thank and praise Allah lor this and ask Him to accept out humble efforts. Ameen. A5 in previous years. several orphanages, religious and secular Schools. m05ques, hospitals. and other charitable institutions have continued to benefit financially from our charity. Widows, refugees, poor and desolate people have also been supported financially, directly through other charitable organSaIlOns. Financial revlew In this year ending on 31 March 2025, we received £4,521,844 12024". £2,942.8871 donations from the general public and the charity spent £2,945,529 12024.. £2.534,9291 for various projects and charity aclivilies. The support costs were £186,41812024.' £144,266) in this year. Reserves policy As at the year ending 31 March 2025, £103.83612024.'£134,1741 cash reseNe is being carried forward lo the new accounting period. The Iruslees consider that, given the nature of our work,. a reasonable cash reserve should be always maintained to allow us to respond quickly to emergencies where immediate relief is needed.
BLACKBURN U.K. TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Plans for future periods The trustees have resolved to continue the current activities as the charity keeps reIving several appeals and requests lor financial assistance from Orphanages. Mosques. Religious & Secular Schools, Hospitals and Relief Agencies. Slru¢tur¢, governan¢e and management The charity is controlled by ils governing document. a deed of trust. and nStItUteS an unincorporated charity. Reference and adminislralive details are shown in preceding section. Th8 trustees who seNed during the year and up to the date of signature of the financial statements were.. Mr M S Dhanchora Mr M F Patel r I Valley Mr S A Makda Mr l O Master (Appointed 25 February 20251 (Resigned 23 January 20251 Recr(iitrnent and appointment of trust88S Trustees are recruited through a transparent proces5 designed lo ensure the Board has the appropriate skills, experience, and diversity. Appointments are made by the Board in line with legal requirements and the charity's governing documents. Remuneration policy None of the Iru51ees has any beneficial interest in the charity. All of the trustees are members of the company and guarantee to contribute £1 in the event ol a winding up. Statement of trustees. respon$ibiliti•$ The Iruslees are responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. The law applicable lo charities in England and Wales requires the Iruslees lo prepare financial slalementg for each financial year which give a true and lair view of the slate ol affairs ol the and of the incoming resources and application ol resources of the lor that year. In preparing these financial stalemenls, the trustees are required to.. select suitable accounting policies and then apply them consislenily., observe the methods and principles in the Charities SORP., make judgements and eslimales that are reasonable and prudent.. stale whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financia5 statements". and prepare the financial statements on the going concern basis unless it 15 inappropriate lo presume that the charity will continue in operation. The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the and enable them lo ensure that the financial slalemenls comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulalions 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
BLACKBURN U.K. TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The trustees, report was approved by the Board of Trustees. Mr M S Dhanchora Trustee Date..
BLACKBURN U.K. TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF BLACKBURN U.K. TRUST Opinlon We have auéiled the financial statements of Blackburn U.K. Trust (the ') for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement ol cash flows and notes lo the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Standard applicable in th& UK and Republic of Ireland {United Kingdom Generally Accepted Accounting Practice}. In our opinion, the financial ststemenls.. give a true and fair view of the slate of the charity's affairs as at 31 March 2025 and of ils incoming resources and applicalior) of resources, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the Charities Act 2011. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI (ISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities lor 1178 audit of the financial statements se¢lion of our report. We are independent ol the in accordance with the ethical requirements that are relevant to our audit of the financial slalemenls in the UK, including the FRC'S Ethical Standard, and we havè fulfillèd our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ConclusSons relatlng to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation ol the financial statements is appropriate. Based on the work we have performed. we have not identified any material uncertainties relating lo events or conditions that. individually or collectively, may cast Significant doubl on the 's ability to continue as a going concern for a period ol at least bNelve months from when the financial slalemen15 are authorised lor issue. Our responsibilities and the responsibilities of the Iruslees with respect to going concern are described in the relevant sections of this report. Other information The other information compfises the information included in the annual report other than the financial slalemenls and our auditor's report Ihereon. The trustees are respor)sible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form ol assurance conclusion Ihereon. Our responsibility is lo read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit. or olheNise appears to be materially misslaled.11 we identify such material inconsistencies or apparent material misstalemenls, we are required to determine whether this gives rise lo a material misslalement in the financial slalemenls themselves. If, based on the work we have performed. we conclude that there is material misslatemenl ol this other information. we are required lo report that fact. We have nothing lo report in this regard. Matters on which we are required to report by exception Vve have nothing to report in respect of the following matters ITI relation lo which the Charities IAccounls and Reports) Regulations 2008 requires us lo report lo you if. in our opinion.. the information given in the financial slalemenls is inconsistent in any material respect with the Iruslees, report., or sufficient accounting records have not been kept". or the financial statements are not in agreement with the accounting records., or we have not reiVed all the Information and explanations we require lor our audit.
BLACKBURN U.K. TRUST INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF BLACKBURN U.K. TRUST Responsibilities of tru$tee$ As explained more fully in the slalemenl of Iruslees, responsibilities, the Injstees are responsible for the preparation of the financial statemen13 and for being sa115fied that they give a true and fair view, and for such internal control a5 the trustees determine is necessary to enable the preparation of financial statements th81 are free from material misstalemenl. whether due lo fraud or error. In preparing the financial statements, the Iruslees are responsible lor assessing the 's ability lo continue as a going concern, disclosing, as applicable, matters related lo going concern and using the going conrn basis of accounting unless the trustees either intend lo cease operations, or have no realistic alternative bul lo do so. Audltor'$ responsibilities for the audit of the flnan¢lal statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relèvant regulations made or having effect Ihereunder. Our objectives are lo obtain reasonable assurance about whether the financial statement5 as a whole are fre8 from material misslatemenl, whether due lo fraud or error, and ID issue an audilorfs report that includes our opinion. Reasonable assurance 15 a high level of assurance bul is not a guarantee that an audit conducted in aeeordance with ISAS (UK) will always delecl a material misslalement when il exists. Misslatemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis ol these financial statements. The exlenl to which our procedures are capable of detecting irregularities. including fraud, is detailed below. Our approach lo idéntifying and assessing the risks of material misslatemenl in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows,. the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations., we identified the laws and regulations applicable lo the compsny through discussions with directors and other management, and from our commercial knowledge and experience of the relevant 5eclor', we focused on specific laws and regulations which we considered may have a direct material effect on the financial slalemen15 or the operations of the charity, including the Charities Act, taxation legislation and data protection, anli-bribery. employment and health and safety legislation,. we assessed the exlenl of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal Correspondence., and identified laws and regulations were communicated within the audit team regularly and the team remained alert lo instanS of non-compliance throughout the audit. To address thè risk of fraud through management bias and override of controls, we.. performed analytical procedures lo identify any unusual or unexpected relationships.. tested journal entries lo identify unusual Iran5aclions'. assessed whether judgements and assumptions rnade in determining the accounting 8slimales were indilive of potential bias.. and investigated the rationale behind significant or unusual transactions. In response lo the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included. but were not limited lo.. agreeing finanoal statement disclosures to underlying supporting documentation.. reading the minutes of meetings of those charged with governance.. We assessed the SUSpl1bllLtY of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by.. rnaking enquiries of management as lo where they considered there was susceptibility lo fraud. their knowledge of actual, suspected and alleged fraud,. and regulations. enquiring ol management as to actual and potential liligalion and claims., and reviewing correspondence with HMRC. relevant regulators including the Health and Safety Executive, and the company's legal advisors.
BLACKBURN U.K. TRUST INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF BLACKBURN U.K. TRUST There are inherent limitations in our audit procedures descnbed above. Auditing standards also limit the audit procedures required lo Identify non-compliance with laws and regulations lo enquiry of the Iruslees and other management and the inspection of regulatory and legal corresponden. if any. Material misslatemenls that arise due to fraud can be harder to delecl than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities is available on the Financial Reporting Council's website al.. https.'Il w.Irc.org.ukJaudilorsresponsibililies. This description forms part of our auditorfs report. Other matters Your attention is drawn to the facl that the charity has prepared financial slalemenls in accordance with "Accounting and Reporting by Charities.. Statement ol Recomrnended Practi applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (as amended) in preference lo the A¢¢ounling and Reporting by Charities.. Slalemenl of Recommended Practice issued on 1 April 2005 which is referred to in the exlanl regulations but has now been withdrawn. This has been done in order lor the financial slalements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice. Use of our report This report is made solely lo the charity's Iruslees, as a body, in accordance with Part 4 of the Charities IAccounls and Reports) Regulations 2008. Our audit Work has been undertaken so that we might slate lo the charity's Iruslees those matters we are required lo slate lo them in an auditor's report and for no other purpose, To the fullest exlenl permitted by law, we do not accept or assume responsibility lo anyone other than the charity and the charity's trustees as a body. for our audit work, for this report. or for the opinions we have formed. -Ef&14 Farook Patel FCA (Senlor Statutory Auditor) For and on behalf of Xeinadin Audit Limited, Stalulory Auditor Chartered Ac¢ounlanls Citygale Longridge Road Preston Lancashire PR2 5BQ United Kingdom Date..
BLACKBURN U.K. TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restri¢ted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income from: Donations and legacies Investments 223,815 4,298,029 4,521.844 50 50 211,469 2,731,418 2.942,887 725 725 Total in¢om• 223,815 4,298,079 4.521.894 211,469 2,732,143 2.943,612 Expenditure on: Raising funds Charitable acliviti8s 57,242 57.242 186,418 2,945,529 3,131,947 24,280 24,280 144,266 2,534,929 2,679,195 Total exp¢ndlture 243,680 2,945,529 3,189.189 168,548 2,534,929 2,703,475 Net Incomellexpenditurel and movement In funds 119,8451 1,352,550 1,332,705 42,923 197,214 240,137 Roconciliatlon of funds: Fund balances al l April 2024 339,384 308,468 647,852 296,461 111,254 407,715 Fund balances at 31 March 2025 319,539 1,681,018 1,980,557 339,384 308,468 647,852 The slalement of financial activitiès includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies.
BLACKBURN U.K. TRUST BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets 12 663 1,328 Current ass•t$ Debtors Cash al bank and in hand 13 224,000 1,764,854 211,282 442.642 1,988.854 653,924 Creditor$-. amounts falllng due wlthln one year 14 18.9601 17,400) Net current assets 1,979,894 646,524 Total assgts less current liabllltlès 1,980,557 647,852 Tho funds ofthe Restricted income funds Unreslricled funds 15 16 1,661,018 319,539 308,488 339,384 1,980,557 647.852 The financial statements were approved by the trustees on Mr M S Dhanchora Trustee Mr l O Master Trustee
BLACKBURN U.K. TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operatlng actlvltles Cash generated from operations 19 1,322,162 173.149 Investing activities Investment incorne received 50 725 Ngt cash gonerated from Investing activities so 725 Net Cash generated from finanelng actlvltles Net Increase In cash and cash equivalents 1,322,212 173,874 Cash and cash equivalents at b8ginning of yèar 442.642 268,768 Cash and cash equlvalents at end of year 1,764,854 442,642
BLACKBURN U.K. TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies Charlty infom)ation Blackburn U.K. Trust is an unincorporated charity in England and Wales. The registered office is Office 1, Atlas House, 73-75 Vvhalley Banks, Blackburn. B82 1 NT. United Kingdom. 1.1 Accounting convention The financial slalemenls have been prepared in accordan with the 's governing document, the Charities Act 2011. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities." Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" The is a Public Benefit Enlily as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the . Monetary amounts in these financial statements are rounded to the nearest £. The financial slalemenls have been prepared under the historical cost convention. The principal accounting policies adopted are sel out below. 1.2 Golng concern At the time of approving thé financial statements. the trustees have a reasonablè expectation that thè has adequate resources to continue in operational existence lor the foreseeable lulure. Thus the trustees continue lo adopt the going concern basis of accounting in preparing the financial slalemenls. 1.3 Charitable fund$ Unreslricled funds are available for use al the discretion of the trustees in furtherance of their charitable objectives. Reslricled funds are subject lo specific conditions by donors or grantors as lo how they may be used. The purposes and uses of the reslricled funds are sel out in the notes to the financial slalement5. 1.4 Income Income is recognised when the is legally enlilled to il after any performance conditions have been mel, the amounts can be measured reliably, and il is prob3ble that income will be received. Cash donations are recognised on receipt. Other donations are recognised onTr the has been notified of the donation, unless performance conditions require deferral ol the amount. Income lax recoverable in relation lo donation5 received Under Gift Aid or deeds ol covenant is recognised at the time of the donation. Income from the restricted grant is recognised when charity has entitlement lo the funds, any performance conditions attached lo the grants have been mel, il is probable that the income will be received and the amount can be measured reliably and is not deferred. Voluntary income is received by way of grarils, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where enlillement is not conditional on the delivery of a specific performance by the charity. are recognised when the charity becomes unconditionally entitled lo the grant. Oonaled seNices and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included. Gifts donated for res21e are included as incoming sources within acti'vities for generating funds when they are sold. Income from investments is included in the year in which il is reivable. 10
BLACKBURN U.K. TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting poli¢les {Continued} 1.5 Expenditure Expenditure is recognised On there is a legal or constructive obligation lo transfer economic benefit lo a third party, il is probable that a transfer of economic benefits will be required in settlement. and the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The costs of each activity are made up of the total of direct costs and shared costs, including support C0515 involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute lo more than one activity and support costs which are not attributable lo a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges afe allocated on the portion of the asset's use. Support costs are those costs incurred directly in sUPPOrt of expenditure on the objectives ol the charity and include project management. Support costs include governance costs. Governance costs include those costs associated with meeting the conslilulional and slalutory requirements of the charity and costs linked to the strategic management of the charity. AII Costs are allocated lo expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly lo that aclivily. Shared costs are apportioned beeen the activities they conlribul6 lo on a reasonable, justifiable and consistent basis. Grants offered subject to corndilions which have not been mel al the year end dale are noted as a commitment but not accrued as expenditure. 1.6 Tanglble fixed ags•t¥ Tangible fixed assets are initially measured al cost and subsequently measured al cost or valuation, nel of depreciation and any impairment losses. Depreciation is recognised so as to writ8 off the cost or valuation of assets less their residual values over their useful livès on the following bases.. Computers 25 /0 per annum slraighl line basis The gain or loss arising on the disposal of an asset 15 determined as the difference bemeen the sale proceeds and the carrying value of the asset, and is recognised in the slalemenl ol financial aclivilies. 1.7 Impairment of fixed assgts Al each reporting end date. the reviews the carrying amounts of ils tan9ible asset5 to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the exlenl of the Impairment loss lif anyl. 1.8 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-lerm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instruments The has elected lo apply the provisions of Section 11 '8asic Financial Instruments, and Section 12 '01her Financial Instruments Issues, of FRS 102 to all of its financial instrument5. Financial in51rumenls are recognised in the balance sheet when the entity becomes paty lo the conlraclual provisions of the instrument.
BLACKBURN U.K. TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting poli¢ie$ {Continuedl Financial assets and liabilities are offset, with the net amounts presented in the financial stalemenls, when there is a legally enforceable right to sel off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Baslc flnan¢ial assets Basic financial assets. which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement con51ilules a financing transaction, where the Ir8nsaclion is measured al the present value of the future receipts discounted al a market rate of interest. Financial assets classified as re1vable within one yèar are not amortised. Baslc financial liabllltles Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement conslilules a financing transaction, where the debt instrument is measured al the present value of the lulure payments discounted al a market ralè of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried al amortised cost, using the effective interest rat8 method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilitiès if payment is due within one year or less. 11 not. they are presented as non-currenl liabilities. Trade eredilors are recognised initially al transaction price and subsequently measur8d al amortised cost using thè effective interest method. Derecognltlon of financial liabilities Financial liabilities are derecognised when the '$ contractual obligations expire or are discharged or cancelled. 1.10 Taxatlon The charity is exempl from lax on its charitable a¢tivilie$. 1.11 Employoe benefits The cost of any unused holiday enlillement is recognised in the period in which the employee's servi5 are received. Temiinalion benefits are recognised immediately as an expense when the enlily is demonstrably committed lo lerrninaling an employee's ernploymenl or providing termination benefits. 1.12 Fund accounting Unrestricted funds can be used in accordance with the charitable objectives al the discretion of the trustees. Re51ricled funds can only be used for particular restricted purposes within the objects of the charity. Reslriclions arise when specified by the donor or when funds are raised for particular reslricled purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
BLACKBURN U.K. TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legacies Unrestricted Restrleted funds funds 2025 2025 Total Unrestricted Restricted funds fund$ 2024 2024 Total 2025 2024 Donations and gifts 223,815 4,298,029 4.521,844 211,469 2,731.418 2,942,887 Income from Investments Rostricted funds 2025 Restrlcted funds 2024 Interest receivable 50 725 Expendlturo on ralsing fund8 Unrestrlcted Unrostrlcted funds funds 2025 2024 Fundraising and publlclty Advertisin9 57,242 24,280 Expènditure on charitable actlvltles Charltable activities 2025 Charitable actlvlties 2024 Direct costs Grant funding ol activities (see note 61 2,945,529 2.534,929 Share of support and govèrnance costs {see note 71 Support 186,418 144,266 3,131,947 2.679,195 Analysis by fund Unrestricted funds Reslricled funds 186,418 2,945,529 144,266 2.534,929 3.131.947 2,679,195
BLACKBURN U.K. TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Grants payable CharStable activities 2025 Charltable activities 2024 Grants lo individuals 2,945,529 2.534,929 Support costs allo¢ated to activities 2025 2024 Staff costs Depreciation Opèrating lease charges Advertising and printing Sundries Travelling and moiloring cost Bank charges Governance costs 97,589 665 7.860 2,584 3,906 43.133 21.303 9.378 64,389 665 6,600 19,342 1,239 37,835 6,026 8,170 186.418 144,268 Analysed between.. Charitable activities 186.418 144,26e Net movement In funds 2025 2024 The net movement in funds is stated after charging/lcredilingl'. Fees payable for the audit of the charity's financial statements Depreciation of owned tangible fixed assets Operating leasè charges 7,860 665 7,860 7,200 665 6,600 Trustees None ol the trustees lor any persons connected with them) received any remuneration or benefits from the during the year. 10 Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number Ernplooyees
BLACKBURN U.K. TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Employees Icontlnuedl Employment ¢osts 2025 2024 Wages and salaries Social security costs 89,830 7,759 59,981 4,408 97,589 64,389 There were no employees whose annual remuneration was more than £60,000. 11 Taxation The charity is exempl from taxation on ils activities because all its income is appliéd for charitable purposes. 12 Tanglble fixgd assets Ctsrnputers Cost At 1 April 2024 2,658 At 31 March 2025 2,658 Deproclatlon and Impalrment At 1 April 2024 Depreciation charged in the year 1,330 665 At 31 March 2025 1.995 Carrying amount At 31 March 2025 663 At 31 March 2024 1,328 13 Debtors 2025 2024 Amounts falling due within one year.. Other debtors 224,000 211.282 14 Credltors: amounts falllng due wlthin one year 2025 2024 Accruals and deferred income 8.980 7,400
BLACKBURN U.K. TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Re$lricted funds The reslricled funds of the charity comprise the unexpended balances of donations and grants held on trust subject lo specific conditions by donors as to how they may be used. At 1 April 2024 Incoming re¥ourcg8 Resources At 31 March gxpended 2025 308.468 4,298,079 12,945,529) 1,661.018 Previous year: At 1 April 2023 Incomlng resources Resources At 31 March expendèd 2024 111,254 2,732,143 {2,534.9291 308.468 16 Unrostrictgd funds The unreslricled funds of the charity comprise the unexpended balances ol donations and grants which are not subject lo specific conditions by donors and grantors as lo how they may be used. These include designated funds which have been sel aside out of unrestncled funds by the trustees for specific purposes. At 1 April 2024 Incoming regourceg Resources At 31 March Qxpended 2025 General funds 339,384 223.815 1243,660} 319,539 Previou8 year: At 1 April 2023 Incoming resources Rosources At 31 March expended 2024 General funds 296,461 211.469 1168,5461 339,384 17 Analysis of net assets between funds UnrÈ$tri¢ted funds 2025 Restricted funds 2025 Total 2025 At 31 March 2025.. Tangible assets Current assetsllliabilitiesl 663 318.876 663 1,979,894 1.661,018 31g,539 1.661,018 1,980,557 16
BLACKBURN U.K. TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 17 Analysis of net assets between funds (Continued) Unrgstricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Tangible assets Current assetsllliabilitiesl 1,328 338,056 1,328 646,S24 308,468 339.384 308.468 647.852 18 Related party transactlons There were no disclosable related party transactions during the year12024 - none). 19 Cash generated from operations 2025 2024 Surplus lor the year 1,332,705 240,137 Adjustment5 for: Investment income recognised in slalemenl of finanaal activities Depreciation and impairment of tangible fixed assets 1501 665 17251 665 Movements In worklng ¢apltal: Ilncreasel in debtors Increase in creditors 112,7181 1,560 167.0031 75 Cash generated from operations 1,322,162 173,149 20 Analy$ls of Changes in net funds There was no material debt during the year. 17