REGISTERED CHARITY NUMBER: 1109321 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR MINHAS CHARrrABLE TRUST R Pau & Co Limited Chartered Certified Accountants 12-16 Station Street E&st Coventy West Midlands CV6 5FJ
MINHAS CHARITABLE TRUST CONTEiYfs OF THE FINANCIAL ST ATEMEiYrs FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Trustees Independent Examiner's Report Statement of Financial A¢tivities Balance Sheet Notes to the Financial Statements Detailed Statement of Financial Actfivities io
MINHAS CHARITABLE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report with the fmancial statements of the charity for the year ended 31 March 2025. The trustees have adopted th¢ provisions of 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 (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims To provide fmancial and material support to advance the Islamic religion andlor education an(Vor relieve people in need throughout th¢ world. Significant aetivities The main activities undertaken are: - The raising of funds from individuals and businesses - Identifying and funding projects. When iderltifying individuals in need, th¢ principles of 'Zakat' are used. ACHIEVEMENT AND PERFORMANCE Fundraising activities During this period, funds were raised by approaching individuals and businesses known to the trustees. Several grants and donations were made. These included donations to the the Stepping Stone charity and the Jigsaw charity. FINANCIAL REVIEW Reserves policy We hold £62,095 (2024: £41,593) all of which are unrestricted ndS and we are owed £5,435 (2024: £2,747) in gift aid tax refunds which are also unrestricted. We aim to hold £48,000 and £55.000 in reserves at the year end, this poli will be review each year. Funds are being accumulated in anticipation of helping fund a hospital construction project. Our main source of fidS is individuals and businesses in the United Kingdom. The donations which we have made this year support all three of the key objectives of advancing Islam. advancing education and providing relief for people in need. This was done by making donations to people in need in Pakista orphan5 in Kashmir and the homeless in th¢ UK. FUTURE PLANS W¢ intend to focus on providing relief and help on small CODStrnction projects in Pakistan. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing docum¢nL a d¢ed of trust and constitutes an unincorporated charity. Trustee selection methods Trustees are appointed or reappointed every three years. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1109321 Principal address 5 Asthill Croft Coventy CV3 6HL Page I
MINHAS CHARrrABLE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Trust¢e5 Mr Z Hussain Mr M R Mit)has B.Sc.,C.Eng.,MIEE Mr T Mahmud Trttee Independent Examiner R Pau & Co Limited Chartered Certified Accountants 12-16 Station Street East Coventy West Midlands CV6 5FJ Bankers National W¢siminster Bank PIC 519 Foleshill Road Coventy West Midlands CV6 SAU Approved by order of the board of kntees on 18 July 2025 and signed on its behalf by. Mr Z Hussain - Trustee Page 2
INDEPENDENT EXAMUIER'S REPORT TO THE TRUSTEES OF MINHAS CHARITABLE TRUST Independent examiner's report to the trustees of Minhas Charitable Trust I report to the chlty trustee5 on my eKqmination of the accounts of Minhas Charitable Tnt (the Trust) for the year ended 31 March 2025. Responsibilities and basis of report As the charity ffiteeS of the Trust you are responsible for the preparation of the accounts in accordan¢¢ with the requirements of the Charities Act 2011 Cthe Act,). I report in respect of my examination of the TTusVs accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commtssion under Section 145(5)(b) of the ACL Independent examiner's ststement I have completed my examination. I conf]rni that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with those records; or the accounts do not comply with the applicable requirements concerning the forn 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 rOSS 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 Teached. R Pau & CO Limited R Pau & Co Limited Chartered Certified Accountants 12-16 Station Street East Coventy West Midlands CV6 5FJ 18 July 2025 Page 3
MINHAS CHARITABLE TRUST STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 MARCH 2025 2025 Unrestricted fund 2024 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 49,673 29,831 EXPENDITURE ON Raising funds 25,142 27,810 Charitable activithes Goverance Cost 600 Other 635 Total 25,777 28,418 NET INCOME 23.896 1,413 RECONCILIATION OF FUNDS Total funds brought forward 43,010 41,597 TOTAL FUIYDS CARRIED FORWARD 66,906 43,010 The notes forni part of these financial statements Page 4
MINHAS CHARITABLE TRUST BALANCE SHEET 31 MARCH 2025 2025 Unrestricted fund 2024 Total flmds Notes CURRENT ASSETS Debtors Cash at bank and in hand 5,435 62,095 2,747 41,593 67,530 44,340 CREDITORS Amounts falling due within one year (624) (1,330) NET CURRENT ASSETS 66,906 43,010 TOTAL ASSETS LESS CURRENT LIABILITIES 66,906 43,010 NET ASSETS 66,906 43,010 FUNDS Unrestricted funds 66,906 43,010 TOTAL FUNDS 66,906 43,010 The financial stat¢m¢nts were approved by the Board of Trustees and authorised for issue on 18 July 2025 and were signed on its b¢half by: Mr Z Hussain - Trllstee The notes fonn part of these financial statements Page 5
MINHAS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basis of prepv4ring the financial slatements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The fmancial statements have been prepared under the historical cost convention. Income All income 15 recognised in the Statement of Financial Activities once the charity has entitlement to the fimds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constrnctive obligation committing the charity to that expenditure, it is probabl¢ that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accnwls basis and has been classified under headings tbat aggregate all cost related to the category. Where costs cannot be directly attribut¢d to particular headings they have been allocated to activities on a basis consistent wAth the use of resources. Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestiicted ftmds can be used in accordance with the charitable objectives at the discretion of the trust¢es. Restricted fimds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specifled by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial ststements. RAISING FUNDS Ralslng donations and legacies 2025 2024 Donations paid 25,142 27,810 Page 6
MINHAS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEENTs - continued FOR THE YEAR ENDED 3 I MARCH 2025 TRUSTEES, REMUIYERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 29,831 EXPENDITURE ON Raising funds 27,810 Charitsble actlvities Goverance Cost 600 Total 28,418 NET INCOME 1,413 RECONCILIATION OF FUNDS Total funds brought forward 41,597 TOTAL FUNDS CARRIED FORWARD 43,010 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade Dcbtor 5,435 2,747 Page 7
MINHAS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade Creditors Other creditors 730 600 624 624 1,330 MOVEMEPIT IN FUNDS Net movement in funds At 3113125 At 114124 Unrestricted funds General fund 43,010 23,896 66,906 TOTAL FUNDS 43.010 23,896 66,906 Net movement in fun(ts, included in the above are as follows: Incoming Resources expended Movement Unrestrieted funds General fund 49,673 (25,777) 23,896 TOTAL FUNDS 49,673 (25,777) 23,896 Comparatives for movement in funds Net movement in funds At 3113124 At 114123 Unrestricted funds G¢n¢ral fund 41,597 1,413 43,010 TOTAL FUNDS 41,597 1,413 43,010 Page 8
MINHAS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS - eontinued FOR THE YEAR ENDED 31 MARCH 2025 MOVEMENT IN FUNDS - Continued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in fimds Unrestritted funds G¢n¢ral fund 29,831 (28,418) 1,413 TOTAL FUNDS 29,831 (28,418) 1,413 A current year 12 months and prior year 12 months combined position is as follows: Net movement in ndS At 3113125 At 114123 Unrestrieted funds G¢n¢ral fund 41,597 25,309 66,906 TOTAL FUIWS 41,597 25,309 66,906 A CLrnt year 12 months and prior year 12 months combined net movement in flmds, included in the above are as follows= Incoming r¢sources Resources ¢xpended Movement in fidS Unrestrieted funds General fund 79,504 (54,195) 25,309 TOTAL FUNDS 79,504 (54,195) 25,309 RELATED PARTY DISCLOSURES There were no related paty transactions for th¢ year ended 31 March 2025. Page 9
MINHAS CHARITABLE TRUST DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 tNCOME AND ENDOWMENTS Donations and legacies Donations received Gift aid 44,238 5,435 27.085 2,746 49,673 29,831 Total incoming resources 49,673 29,831 EXPENDITURE Raising donations and legacies Donations paid 25,142 27,810 Support costs Finanee Bank charges Governance costs Accountancy charges 624 600 Total resources expended 25,777 28,418 Net ineome 23,896 1,413 This page does not forni part of the statutory financial statements Page 10