## **AL-ZAHRA FOUNDATION UK** **REGISTERED CHARITY NUMBER 1122126** ## **FINANCIAL STATEMENTS** **For The Financial Year Ended 05 Apr 2026** **Al-Zahra Foundation UK** 15 Osmaston Street, Nottingham, NG7 1SD www.azf.org.uk | info@azf.org.uk | 07545626600 | 07920016786 ## **Table of Contents** |**Contents**|**Page(s)**| |---|---| |General Information|3| |Trustees Report|4,5 & 6| |Accountants Report|7| |Statement of Financial Activities|8| |Balance Sheet|9| |Notes Forming Parts Of Financial Statements|10,11 & 12| **Al-Zahra Foundation UK** 15 Osmaston Street, Nottingham, NG7 1SD www.azf.org.uk | info@azf.org.uk | 07545626600 | 07920016786 2/12 ## **General Information** ## **Trustees** Dr. Muhammad Al-Asadi Mr. Asrar Shabbiri Dr. Latif Imran Jalil Mr. Ghulam Abbas Mr. Waheed Hesari ## **Charity registration Number** 1122126 ## **Registered Office** Al-Zahra Foundation UK, 15 Osmaston Street Lenton Boulevard, Nottingham, NG7 1SD info@azf.org.uk ## **Bankers** Lloyds TSB Bank PLC Market Square House Old Market Square Nottingham NG1 6FD ## **Independent Examiners** Trent Accountancy Services Ltd info@trentaccountancy.co.uk **Al-Zahra Foundation UK** 15 Osmaston Street, Nottingham, NG7 1SD www.azf.org.uk | info@azf.org.uk | 07545626600 | 07920016786 3/12 ## **Trustees' Report** ## **For The Financial Year Ended 05 Apr 2026** ## **Structure, Governance and Management:** ## **a. Governing document** The Charity is an association governed by its constitution. ## **b. Method of appointment and induction of new Trustees** New Trustees are appointed by the members of the charity at a general meeting and are briefed on their legal obligations under charity law, the content of the charity's constitution, and its recent performance. ## **c. Organisational structure and decision making** The Charity is UK based and its office is in Nottingham, having no partner organisations. The board of Trustees oversee the running of the charity on a day to day basis. All operational decisions are made at board meetings which are held frequently through the year. ## **d. Risk Management** The Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks. ## **Objectives and Activities** ## **a. Summary of objectives** The objectives of the charity as set out in its governing document are as follows: 1. To promote and advance by such means as are according to the laws of England exclusively charitable the religion of Islam in accordance with the principles of the Shia laws and to provide for the relief of poverty; and 2. To provide or assist in the provision of facilities for recreation or other leisure time occupation in the interests of social welfare with the object of improving the conditions of life for the inhabitants of the area of benefit without distinction of sex or of political, religious or other opinions. ## **b. Activities** The organisation has charitable status and provides religious, recreational, and social facilities, particularly, but not exclusively, for the Shia community and people with disabilities, in the interests of social welfare. Its aim is to improve the quality of life and well-being of these individuals. In addition, the organisation provides sports facilities and activities for the wider community, promoting health, inclusion, and community cohesion. **Al-Zahra Foundation UK** 15 Osmaston Street, Nottingham, NG7 1SD www.azf.org.uk | info@azf.org.uk | 07545626600 | 07920016786 4/12 ## **Trustees' Report For The Financial Year Ended 05 Apr 2026** ## **c. Public Benefit** In accordance with section 17 of the Charities Act 2011, the trustees confirm that they have had due regard to the Charity Commission's general guidance on public benefit in exercising their powers and duties, and in particular in reviewing the charity's aims and determining its activities for the year under review. The trustees are satisfied that the activities undertaken during the year — comprising the provision of religious, recreational and social facilities, the provision of food to those in need, the delivery of Ramadan and Muharram programmes, and the relief of poverty — were carried out in furtherance of the charity's objects and provided demonstrable public benefit to the communities served, including the Shia community, persons with disabilities, and the wider inhabitants of the area of benefit, without distinction as to sex, political affiliation, religion or other belief. ## **d. Achievements and Performance** During the year, the charity continued to deliver against its charitable objects through its regular programme of religious, recreational and social activities, including the Ramadan and Muharram programmes and the ongoing provision of food to those in need. The charity also undertook capital improvements to its premises during the year, including the addition of a funeral room facility to serve the community. ## **e. Reserves Policy** At the year end, the charity held total funds of £348,070 of which £331,193 was represented by fixed assets (comprising freehold property, fixtures and fittings, computer equipment and the funeral room), leaving free reserves of approximately £16,877 held in cash and current assets. The trustees consider this level of free reserves to be appropriate to meet the charity's short-term working capital requirements, while the substantial majority of the charity's assets remain committed to the premises from which its charitable activities are delivered. ## **Principal funding** Most of the funds are raised through voluntary donations from within the local community. **Al-Zahra Foundation UK** 15 Osmaston Street, Nottingham, NG7 1SD www.azf.org.uk | info@azf.org.uk | 07545626600 | 07920016786 5/12 Trustees, Report For The Financial Year Ended 05 Apr 2026 Statement of Trustees, Responsibilities . The trustees are responsible for preparing the trustees, report and the financial statements in accordance with general applicable law and United Kingdom Accounting Standards (United Kingdom General Accepted Accounting Prarticel- The law applicable to charities in England and Wale5 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. Selert suitable accounting policies and then apply them consistently,. Observe the methods and principles in the Charities SORP- Make judgments and estimates that are reasonable and prudent,. State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the f inancial statements,. Prepare the financial statements on the going concern basis unless It is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2015 and the provisions of the trust deed. They are also responsible for Safekeeping the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approved by the Trustees on 31 Jul, 2026 and signed on their behalf, by.. Ghulam Abbas Trustee Orj the behLTlf of all Trustee5 AlQahra Foundation UK 15 Osmaston Street, Nottingham, NG7 1SD www.azf.org.uk | info@azf.org.uk | 07545626600 | 07920016786 6112 **TRENT ACCOUNTANCY SERVICES LTD** 7/12 www.trentaccountancy.co.uk | info@trentaccountancy.co.uk ## **Statement of Financial Activities** ## **For The Financial Year Ended 05 Apr 2026** |**Note**
**Income resources**
**Income from generated funds:**
Donations and Legacies
2
**Total Incoming Resources**
**Resources expended**
Charitable activities
3
Governance / Support Cost
4
**Total resources expended**
**Net Incoming/outgoing Resources**
Investment (deficits)/surpluses
**Net Movement in funds before Transfers**
Gross Transfers between funds
**Net Movement in funds for the year**
funds B/F
**Total funds carried forward**|**Unrestricted Restricted**
**Total**
**Total**
**funds**
**Funds**
**Funds**
**Funds**
**2026**
**2026**
**2026**
**2025**
**£**
**£**
**£**
**£**
53,961
2,114
**56,075**
**_66,939_**
53,961
2,114
**56,075**
**_66,939_**
9,366
2,114
**11,480**
**_12,462_**
44,091
-
**44,091**
**_42,576_**
53,457
2,114
**55,571**
**_55,038_**
504
-
**504**
**_11,901_**
-
-
**-**
**_-_**
504
-
**504**
**_11,901_**
347,566
-
**347,566**
**_335,665_**
348,070
-
**348,070**
**_347,566_**| |---|---| **Al-Zahra Foundation UK** 15 Osmaston Street, Nottingham, NG7 1SD www.azf.org.uk | info@azf.org.uk | 07545626600 | 07920016786 8/12 Balance Sheet For The Financial Year Ended 05 Apr 2026 Notes 2026 2025 Fixed Assets Freehold Property Fixture & Fittings Computers, Televisions, Cctv & Sound System Funeral Room 316,100 5,131 3,434 6,528 331.193 316,100 5,458 3,378 324.936 Current Assets Cash at Bank Debtors Prepayments 20,499 28,379 6A 2,894 31.273 20.499 Creditor5: amount5 fallin8 due within in l year 1,622 2,622 Total Assets less current Liabilities 350.070 353.587 Long Term Liabilities 2,000 6.021 Net Assets: Total Assets LESS Total Liabilities 348,070 347,566 CAPITAL RESERVE FUNDS Accumulated Surplus Account 348,070 347,566 Total Funds 348.070 347.566 The Trustees acknowled e their res onsibilities for: 11 Complying the with the requirements of charTty 2011 Act,. charity keep5 appropriate accounting recoreds for preparation of Financial statement5. 21 Charity has Prepared the accounts which give a true and fair view of the State of affairs of the charity end of the financial year 2026, and of its income and expenditure account, in accordance with the requirements of charity Act 2011. These accounts have been delivered in accordance with the provision applicable to small charities, and in accordance with the financial reporting standard for smaller Entities were approved by the Management committee. Ghulam Abbas TNstee On the behalf of all Trustees Date 3110712026 AlQahra Foundation UK 15 Osmaston Street, Nottingham, NG7 1SD www.azf.org.uk | info@azf.org.uk | 07545626600 | 07920016786 9112 ## **Notes forming part of these financial statements** ## **1. Accounting Policies** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared inaccordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement ofRecommended Practice applicable to charities preparing their accounts in accordance with the FinancialReporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)',Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Tax Status** Al-Zahra Foundation UK has a charitable status and hence exempt from Tax on its charitable activities ## **Fund Accounting** The charity has restricted and unrestricted funds. Restrcited funds are catagorised as Restricted based on the donor's restriction on the project for which they must be used. While unrestricted funds are available for the use at the discreation of the trustees in furtherance of the general objectives of the charity ## **Trustees Remuneration** None of the Trustees are paid wages, salaries or any benefit in kind. ## **Income Recognition** All income is recognised in the Statement of Financial Activities once the charity has received the funds and is entitlement to use the funds ## **Expense Recognition** An expense is recognised as expenditure as soon as there is a legal or constructive obligation committing the charity that expenditure is required to settle the amount of obligation. The charity follos a strict apporval procedure for all charitable expenditures and funds are disbursed after approval. ## **Average Number of Employees** NIL (Current Year) and NIL (Last year) ## **Depreciation Policies** Depreciation is charged on reducing balance basis Computer & Electric Equipments : 18% Fixture & Fittings : 6% Funeral Room : 6% **Al-Zahra Foundation UK** 15 Osmaston Street, Nottingham, NG7 1SD www.azf.org.uk | info@azf.org.uk | 07545626600 | 07920016786 10/12 ## **Notes forming part of these financial statements** |**2 Donations and Legacies**
**Un-Restricted**
**Restricted**
**2026**
**2026**
Donations
53,161
1,314
Government Grants
**-**
Gift Aid
-
Khums
800
800
Others
Total Incoming Resources
**53,961**
**2,114**
**3 Charitable Activities**
**Un-Restricted**
**Restricted**
**2026**
**2026**
Food Provided by Charity
4,588
1,664
Ramadan & Muharram Programmes
2,374
Funeral Services
274
Donations
Others
2,130
450
**Total**
**9,366**
**2,114**
**4 Governance / Support Cost**
Heat, Light and Telephone
Repair and Maintenance
Water, rates and Waste Collection
Bank Charges
BBL Interest
General Insurance
Sub-contract cost
Stationary, Computer & Office related Expenses
General Travel Expenses
Capital Allowance (Depreciation)
**(Note 5)**
Accountancy Fee
Legal & Professional Fee
Sundry Expenses
**Total**|**TOTAL**
**_TOTAL_**
**2026**
**_2025_**
**54,475**
**_54,727_**
**-**
**_-_**
**-**
**_10,181_**
**1,600**
**_2,031_**
**-**
**56,075**
**_66,939_**
**TOTAL**
**_TOTAL_**
**2026**
**_2025_**
**6,252**
**_8,349_**
**2,374**
**_1,460_**
**274**
**_-_**
**-**
**_-_**
**2,580**
**_2,653_**
**11,480**
**_12,462_**
**2026**
**_2025_**
4,423
_6,353_
3,511
_2,944_
2,451
_1,736_
34
_22_
84
_153_
2,032
_2,066_
26,797
_25,639_
1,907
_222_
30
_1,121_
1,498
_1,090_
800
_800_
14
_-_
511
_429_
**44,091**
**42,576**| |---|---| **Al-Zahra Foundation UK** 15 Osmaston Street, Nottingham, NG7 1SD www.azf.org.uk | info@azf.org.uk | 07545626600 | 07920016786 11/12 |**Notes forming part of these financial statements**
**5 Fixed Assets Schedule**
**Funeral**
**Freehold**
**Fixture &**
**Computer**
**Room**
**Property**
**Fittings**
**Equipements**
**Cost**
-
316,100
16,622
6,732
Addition / Disposal
6,945
810
**At 05 Apr 2026**
6,945
316,100
16,622
7,542
**Depreciation**
Accumulated
-
-
11,164
3,354
Charge for the year
417
-
327
754
**At 05 Apr 2026**
417
-
11,491
4,108
**Net Book Value**
**At 05 Apr 2026**
**6,528**
**316,100**
**5,131**
**3,434**
**At 06 Apr 2025**
**_-_**
**_316,100_**
**_5,458_**
**_3,378_**
**6 Cash in Hand - Closing Balances**
**2026**
Current Account
631
Savings Account
5,888
Urdu Committee Account
5,307
Arabic Community Account
503
Star Academy
5,385
Persian Community
160
Ladies Community
1,340
Cash in Hand
1,285
**20,499**
**2026**
**6A Prepayment :**
Amount for construction of Funeral Room
-
**7 Creditors: amounts falling due within one year**
**2026**
Accountancy Fee
800
Other Creditors
822
**1,622**
**8 Long Term Liabilities**
**2026**
Bounce Back Loan
2,000
**2,000**
**9 Accumulated Surplus**
Opening Balance
Surplus / (Deficit)
Closing Balance|**TOTAL**
**339,454**
**7,755**
**347,209**
14,518
1,498
**16,016**
**331,193**
**_324,936_**
**_2025_**
_5,076_
_12,091_
_3,507_
_3_
_4,842_
_160_
_1,340_
_1,360_
**_28,379_**
**_2025_**
_2,894_
**_2025_**
_800_
_1,822_
**_2,622_**
**_2025_**
_6,021_
**_6,021_**
347,566
504
**348,070**| |---|---| **Al-Zahra Foundation UK** 15 Osmaston Street, Nottingham, NG7 1SD www.azf.org.uk | info@azf.org.uk | 07545626600 | 07920016786 12/12