2020-12-31-accounts - Al Mustafa Trust International

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Charity No: 1114028

Al Mustafa Trust International

Year Ended: 31st December 2020

Charity No: 1114028

Al Mustafa Trust International

Contents	Pages
Legal and administrative information		1
Report of the trustees		2,3
Independent examiner report		4
Statement of financial activities		5
Charity balance sheets		6
Notes forming part of the financial statements		7-10

Charity No: 1114028

Al Mustafa Trust International

Legal And Administrative Information

Trustees

M. M. Ahmed

Dr T Razzaq

S. Akhter

Register Office

Belmont House Kimberworth Road Rotherham South Yorkshire S61 1AB

Accountants

Smart Accounting Ltd 1 Ronald Road Darnall Sheffield S9 4RH

Bankers

H.S.B.C. 17, Church Street Sheffield S1 1HH

Charity No:1114028

Al Mustafa Trust International

Trustees' Annual report

For The Year ended 31 December 2020

Al Mustafa Trust International

Registered No: 1114028

Belmont House Kimberworth Road Rotherham South Yorkshire

Trustees Office M.M.Ahmed Chairman Dr T Razzaq Secretary S. Akhtar Treasurer

Structure,governance and management

Description of charity's trust

Type of governing document Trust deed How the charity is constituted Trust Trustees Selection Method Voting

Objectives and activities

Objectives

To relieve poverty in any part of the world

Main activities

To collect the donations from general public and organisations in England and distribute the funds for relief of poverty in any part of the world, mainly in third world countries.

Charity No:1114028

Al Mustafa Trust International

Achievements and performance

The charity's income has increased this year as compare to last year, Trustees are hopefull that they will do even better and income will increase more in coming year.

Financial review

Charity reserves are simply kept in bank and are simply distributed as soon as possible to achieve its objectives.

Decleration

Signed on behalf of charity's trustees

Signature

Full name M.M. Ahmed Position Chairman Date 24/09/2021

Charity No:1114028

Al Mustafa Trust International

Independent examiner's report to the trustees on the accounts of

Al Mustafa Trust International

For The Year Ended 31 December 2020

Registered No: 1114028

set out on pages 5 to 10

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 is needed.

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act,
to follow procedure laid down in the general directions given by the

Charity Commission (under section 145(5)(b) of the 2011 Act, and

to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention (other than that disclosed below *)

which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and
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.

Signed: Date:

Name: Akhtar Hussain

Relevant Professional qualifications or body: IFA Institute of Financial Accountants

Address: 17 The Triangle, Huddersfield, HD1 4RN

Charity No: 1114028

Al Mustafa Trust International

Annual accounts

For The Year Ended 31 December 2020

	Statement of financial activities	Statement of financial activities
Recommended categories by activity Details of own analysis Incoming resources (Note 3) Incoming resources from generated funds Voluntary income Interest Received Resources expended (Notes 4-8) Costs of Generating Funds Costs of generating voluntary income Charitable activities Governance costs *Total funds carried forward* Total funds brought forward *Net movement in funds* *Net incoming/(outgoing) resources before* *transfers* *Net incoming/(outgoing) resources before* *other recognised gains/(losses)* Gross transfers between funds *Total resources expended* *Total incoming resources*	Unrestricted funds Restricted income funds Endowment funds £ £ £ - - - 321,233 33 - - 321,266 - - - - - 110,785 - - 121,245 - - 1,645 - - 233,676 - - 87,590 - - - - - 87,590 - - 87,590 - - 111,395 - - 198,985 - -	Total this year £ - 321,233 33 321,266 - 110,785 121,245 1,645 233,676 87,590 - 87,590 87,590 111,395 198,985	Total last year £ - 168,532 65
			168,598
			- 92,111 71,981 1,665
			165,757
			2,841
			- 2,841
			2,841
			108,554
			111,395

Charity No:1114028

Al Mustafa Trust International

Balance sheet	as at 31/12/2020
Fixed assets Tangible assets (Note 9) Investments (Note 10) *Total fixed assets* Current assets Debtors (Note 11) Cash at bank and in hand Total current assets Creditors: amounts falling due within one year (Note 12) Net current assets/(liabilities) Total assets less current liabilities Creditors: amounts falling due after one year (Note 12) Provisions for liabilities and charges Net assets Funds of the Charity Unrestricted funds Restricted income funds (Note 13) Endowment funds(Note 13) Total funds Signed on behalf of all the trustees	Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ 105,586 - - 105,586 - - - - - - - - 105,586 - - 105,586 - - - 124,404 - - 124,404 124,404 - - 229,989 31,005 - - 31,005 93,399 - - 93,399 198,985 --198,985 - - - - - - - - 198,985- -198,985 198,985 198,985 - - - - - - 198,985- -198,985 M.M.Ahmed Print Name Signature	Total last year £ 105,586 - - 105,586 - 30,782
		30,782
		24,973
		5,809
		111,395
		- -
		111,395
		111,395
		- - -
		111,395
		Date of approval 24/09/2021

Charity No:1114028

Al Mustafa Trust International

Note 1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:

Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);
With accounting standards and with the Charities Act 2011.

Note 2 Accounting

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

INCOMING RESOURCES

Recognition of incoming

resources

These are included in the Statement of Financial Activities (SoFA) when:

the charity becomes entitled to the resources;
the trustees are virtually certain they will receive the resources; and
the monetary value can be measured with sufficient reliability.

Incoming resources with related expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.

Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to Tax reclaims on donations and gifts which they relate. Contractual income and performance This is only included in the SoFA once the related goods or services have been delivered. related grants Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the Gifts in kind amount actually realised.

Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable.

Donated services and facilities These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material . The value placed on these resources is the estimated value to the charity of the service or facility received.

Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

Investment income

This is included in the accounts when receivable.

Investment gains and losses This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

EXPENDITURE AND LIABILITIES

Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Governance costs Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.

Charity No:1114028

Al Mustafa Trust International

Notes to the accounts

Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.

Grants payable without performance conditions

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.

Support Costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, staff costs by the time spent and other costs by their usage. Staff cost is allocated to admin expenses and charitable activities according to the time spent to on admin work and charitable activities.

ASSETS

Tangible fixed assets for use by charity

Investments

These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or a reasonable value on receipt.

Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.

Stocks and work in progress

These are valued at the lower of cost or market value.

Note 3 Analysis of incoming resources

GiftAid Total Total Total Total Analysis Interest Received Charitable activities Note 4 Analysis of resources expended Admin Expenses Governance costs Note 5 Support Costs Fund RaisingExpenses Costs of generating voluntary income Voluntary income Voluntary Analysis	Analysis	Analysis	This year £	Last year £
	Voluntary		321,233	168,532
		GiftAid
	Interest Received		33	65
	Total		321,266	168,598

	Analysis		This year £	Last year £
	Fund RaisingExpenses		19,398	16,860
	Admin Expenses		91,387	75,251
	Total		110,785	92,111

			121,245	71,981
			-	-
	Total		121,245	71,981

			1,645	1,665
			-	-
	Total		1,645	1,665

Support cost type	Fundraising activity £	Charitable Activity £	Governance Activity £	Total Cost £
BankCharges	4,952	-	-	4,952
Printing, Postage & Stationery	7,213	-	-	7,213
Professional fees	8,600	-	1,645	10,245
Telecommunications	1,931			1,931
Repairs &Renewals	5,838			5,838
Light &Heat	1,488			1,488
StaffCost	57,502		-	57,502
Fundraisng	19,398	-	-	19,398
Rates	440	-	-	440
Admin& otheroffice costs	3,422	-	-	3,422
Total	110,785	-	1,645	112,430

Charity No:1114028

Al Mustafa Trust International

Notes to the accounts

Note 6 Details of certain items of expenditure

6.1 Trustee expenses

Number of trustees who were paid expenses Nature of the expenses Total amount paid	Thisyear	Lastyear
	-	-
	-	-
	£ NIL	£ NIL

6.2 Fees for examination of the accounts

Independent examiner’s fees for reporting on the accounts Other fees: Accountancy services.	This year £	Last year £
	300	300
	1,345	1,270

Note 7 Paid employees

7.1 Staff Costs

7.1 Staff Costs
Total staff costs Employer’s National Insurance costs Pension costs Gross wages, salaries and benefits in kind	This year £	Last year £
	56,326	49,082
	-	-
	1,176	975
	57,502	50,057

7.2 Average number of full-time equivalent employees in the year

	This year Number	Last year Number
Fundraising	1	1
Charitable Activities	1	1
Governance	1	1
Other	-	-
Total	3	3

7.3 Defined contribution pension scheme:-

None

Note 8

Grantmaking None

Note 9

Tangible fixed assets:-

The Charity has purchased Property of £77,765 and spent further £27,820.63 for the improvement

Note 10

Investments Assets:-

Note 11

Debtors & prepayments:-

Charity No:1114028

Al Mustafa Trust International

Notes to the accounts

Note 12 Creditors and accruals

12.1 Analysis of creditors

12.1 Analysis of creditors
Sundry Creditors Total	Amounts falling due within one year		Amounts falling due after more than one year
	This year £	Last year £	This year £	Last year £
	31,005	24,973	-	-
	31,005	24,973	-	-

12.2 Security over assets:-

None

Note 13

Endowment and restricted incomne fund:-

None

Note 14

Transactions with related parties:-

Owner and the director of Smart Accounting Ltd who are accountants

for the charity is the brother of one of the trustee of charity Mr M. M. Ahmed. Fees charged for accountancy services provided during the year is as show below:

Name of the trustee or related party	charity Relationship to	Description of the transaction (s)	This Year	Last Year
Mr A.Rashid	Brother of one of Trustee	Accountancy services	1,345	£1,270 -