THE DARUL AZKER TRUST Charity Registration Number: 1126150 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 REPORTING ACCOUNTANTS: AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E14SA TEL.. 020 7790 6111 Page 10112
THE DARUL AZKER TRUST FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS Pages Information of financial Statements Report of the Executive Committee Statement of responsibilities of the Committee.. Independent Examiner's Report Income and Expenditure Accounts Slalement of Assets and Liabilities 10 Notes lo the Accounts 11-12. Page 2 of 12
THE DARUL AZKER TRUST FOR THE YEAR ENDED 31 MARCH 2025 CHARITY ADDRESS UNIT 56 PEDLEY STREET LONDON E15BW BANKER AL RAYAN BANK INDEPENDENT EXAMINER AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA TEL. 020 7790 6111 Chari 's Trustees- Mr Kazi Mohammed Luthfur Rahman Mr Kazi Shofiqur Rahman Mr Kazi Mohammed Abdur Rahman Mr MD Abdul Karim Page 3 of12
THE DARUL AZKER TRUST REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report and financial statements for the year ended 31 March 2025. Tlie TrLlStees liave adopted Ilie provisioiis of the Scateinent of Recoiiiiiiended Practice (SORP) AccoLiiilingy aiid Reporting by Cl)ai'ities iSSLied in 2005 in preparing the aiii)ual report aiid finaiicial stateiTJeiits of tlie Cliarily. Legal Status: Ch<2rity: Registered witli the Charity Commissioii, Cliai'ity Numbei.: 1126150 Objects, Principal Activities and Organisation of the Charity Tlie Cliai-ity was established witli a view to promotiiig tlie benefit of Banoladeslii people i'esideiit in tlie UK or Bangladesh by.. a) To Advcince Ilie edLication of chi Idreii and adults in Bangladesh b) The reliel of fiiiaiicial hardship and relief of sickness and preservation of health among elderly aiid disabled people residing iii Bangl<ides1I c} The relief ol- poverty throuoout Ilie world Page40112
THE DARUL AZKER TRUST REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 Or(r4qnisation: A Management Committee, the members of which are the trustees manages the affairs of the charity The Management Committee manages the business of the charity including the paying of all expenses Trustees: Trustees, wlio al'e all iiie211bei's of the execLltive coinmittee, and who served during Ilie year are sel out oli page 3. Tlie Ii-ustees are elected at tlie AIiiiLial Genei'al Meetii](y for Ineinbersliip of tlie Executive Coiiiiiiiltee and serve until the eiid of tlie next Annual General Meeting, where they can stand for re- election as meiiibers of the new ExecLltive Coininiltee. Trustees responsibilities in relation to the financial statements Tlie cominiltee or TrLlStees are r¢quired by charily's law to pi-epare fiiiaiicial stateineiits for eacli fiiiancial year whicli givc a trLie and fair view of tlie fiiiaiicial aclivitics of the cliai-ity aiid of its tiiiaiicial position at tlie end of tliat yeai-. Iii preparing tliose fiiiancial stalemeiits tlie I"rLlStecs are requii'ed to= The Trustees are responsible for preparing the Trustee5 Annual Report and the Financial Statements in accordance with applicable law and regulations and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requiies the Trustees to piepare Financial Statements for each financial year which give a true and fair view of the slate of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these Financial Statements, the Trustee5 are required to.. Select suitable accounting policies and then apply Ihetn consislently-, Observe the methods and principles in the Charities SORP., Make judgements and aunting estimates that are reasonable and prudent", Prepaie the Financial Statements on the going conrn basis unless it is inappropriate to presume that the charity will continue in operation The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the Financial Statements comply with the Charities Act 2011. The Charity (Accounts and Report51 Regulations 2008 and the provisions of the trust deed. They are also responsible for Safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitie5 VOLUNTEERS: The Trustees wish to record their appreciation on behalf of the Charity and community for the volunteers who assist in the smooth running of the Charity and are critical in helping to keeps the running Cost5 down RISK REVIEW: The Trustees have conducted their own review of the major risk5 to which the Charity is exposed and steps have been initiated lo minimise the identified risks. All functions of the Charity are subjected lo periodic review resulting in a process of ongoing improvement. All staff and volunteers are trained and have all the required statutory and regulatory clearan5 required. Page 5 of 12
THE DARUL AZKER TRUST REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 SERIOUS INCIDENTS AND EXCEPTIONS: The Trustees are pleased to note. that there were no incidents which gave rise to the need for the Trustees to lodge a Serious Incident Report with Ihe Charity Commission. Furthermore, there were no Exceptions recorded and which gave rise lo the need for the Trustees to record on the Charity's Exceptions, Register. RELATED PARTY TRANSACTIONS: During the year the Charity was under the control of Trustees and Managernenl Committee members as listed above. This report, which has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 applicable to small companies. No members ofthe management committee received any remuneration during the year. No trustee or other person related to the charity had any personal interest in any contract or transaction enteied into by the charity during the year. Reserve Policy It is the policy of the charity that unrestricted funds. which have not been designated for a specific use, should be maintained at a level equivalent to its expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding. They will be able to continue the chaiily's current activities while consideration is given to ways which additional funds may be raised. The Centre will actively work to achieve this level of reserves. INDEPENDENT EXAMINER According lo the provisions of the Charities Act 2008 and updated 2011, the Committee has agreed that and audit is not required for this financial year. However due to provisions of the same act an independent examiner is required and AM Accountancy Services appointed as external Accountant or Independent Exatniner. Transaction and fInancial position The Statement of Financial Activities shows net delicil for the year of £2,989 and our accumulated funds stand at a deficit of £26,443 In total. AM Accountancy Services carried out an independent examination of the accounts included in the report. This report, which has been prepared in accordan with the Statement of Recommended Practice ISORPI Accounting and Reporting by Charities issued in 2005. Approved by the trustees and signed on its behalf by This report was approved by the Executive Committee on and signed on their behalf. Mr Kazi Mohammed Abdur Rahman (Trusleel Date.. Mr Kazi Mohammed Luthfur Rahman (Trusteel Date.. Page 6 0112
Accountants, Report To the Ti'iistees of THE DARUL AZKER TRUST FOR THE YEAR ENDED 31 MARCH 2025 We report on the accounts for the year ended 31 March 2025 set out on pages 8 10 12 which have been prepared under the historical cost convention and the accounting policies sel out in note 1 to the financial slalemenls. Respective Responsibilities ol'Trustees and Accountants As described on pacre 5 the trLislees are responsible foi- tlie prepai'atioi) of tlie financial slateinents, and they coiisidei. Iliat the triist is exeinpt froin ali aLidit. It is our respoiisibil ily to cai'ry OLIt procedures desioiied to enable us to report oiir opinion to you. sis of Opinion We conducted our work in accordance with the Statement of Standards for Reporting Accountants, and so our procedures consisted of comparing the accounts with the accounting records kept by the charity. and making such limited enquiries of the Iruslees and officers as we considered necessary foi the purpose of this report These proGedures provide only the assurance expressed in our opinion. Opinion In our opinion.. (al The accounts are in agreement with the accounting records kept by the chaiity under the requirements of the Slalement of Recommended Practice- Accounting and Reporting by Charitie5". (bl Having regard only to, and on the basis of, the information contained in those accounts.. (11 The accounts have been drawn up in a manner consistent with the accounting requirements specilied the Statement of Recommended Practice - Accounting and Reporting by Charities. and 121 The charity satisfied the conditions for the exemption from an audit of the accounts for the year specified in the Charities Act. 131 This unaudited Account we have prepared in accordance with the figure. information and explanation we have received from the management of the current corllmittee. g &LL/( c&f AM Accountancy Services 43 Ben Jonson Road London El 4SA Tel: 020 7790 6111 AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA Dale.. Page 7 of 12
THE DARUL AZKER TRUST Statement of Financial Activities {Income & Expense Statement} FOR THE YEAR ENDED 31 MARCH 2025 2025 Total 2024 Total Notes Unrestricted Reslricled Incoming Resources Voluntary income.. LBTH Grant Memebership fees General Donation & Contribution Projects for Poor & Needy 41,351 41,351 25,840 Other Income: Donations Via Gift Aid & Just Giving Total Incomin Resources 41.351 41.351 25,840 Resources Expended Direct Charitable Expenditure Education and Building projects in Bangladesh Projects for Poor & Needy Postage and Stationeries Telephone. fax and photocopies Rent, Rates and service charges Light. Heat and Water Books and Materials Travel & Transport Cleaning Wages and Volunteer expenses 37.620 37,620 16,700 6.000 6.000 6.000 Direct charitable ex endilure 43,620 43,620 22,700 Management & Administration Expenses: Accountancy Advertising and promotion Bank charges Insurance CRB fee Depreciation Sundry Re airs ement & Adminislralion Ex 500 500 500 220 220 220 Mana 720 720 720 Total Resources Ex ended 44,340 44.340 23.420 Net Incoming Resources I Iresour¢e$ expended) -2,989 -2.989 2,420 Net Movement funds for the period- -2,989 -2.989 2,420 Total Funds Brought forward -23,454 -23,454 -25,874 Balance at 31 March 2025 -26.443 -26.443 -23,454 Page 8 of 12
THE DARUL AZKER TRUST Summary Income and Expenditure Account FOR THE YEAR ENDED 31 MARCH 2025 2025 Notes Income Total expenditure Nel Surplus (Deficill for the financial year 41,351 44,340 -2,989 There were no recognised gains other than those included in the Income and Expenditure Account for current year. Page 9 of 12
THE DARUL AZKER TRUST Statement of Assets & Liabilities ( Balance Sheet) As at 31 March 2025 2025 NOTE Current Assets Cash at Bank & in Hand 1.747 1.747 Current Liabilities Amount falling due to one year Accruals 28.190 NET CURRENT ASSETS I ILIABILITIESI 26.443 TOTAL ASSETS LESS CURRENT LIABILITIES 26,443 FUNDS.. Brought Forward 23,454 ExcessllDeficill of income over expenditure 2.989 Total Funds 26,443 The financial statements were approved by the Executive Committee and signed on their behalf.. Mr Kazi Mohammed Abdur Rahman (Trusteel Mr Kazi Mohammed Lulhfur Rahman (Trusteel Dale.. Date". The Notes on pages 10 to 12 form part of the financial statements. Page 10of 12
THE DARUL AZKER TRUST FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES 3. Basis of Accounting Basis of accounting The Financial Statements have been prepared under the historical cost convention, as modified by the revaluation of certain fixed assets and investments measured at market value. The Financial Statements have been prepared in accordance with the Financial Reporting Standard for Srnaller Entities (effective January 20151. and the requirements of Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (effective January 20151 ISORP 20151 b. Grants Revenue grants are credited lo the Income and Expenditure account on a receivable basis. Donations Donation are recorded on a receipt basis. d. Incoming Resources Voluntary income and donations are included in incoming resourS when they are receivable, except when the donors specify that they must be used in future accounting periods or donors. conditions have not been fulfilled, then the income 15 deferred. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs. e. Resources Expended Resources expended are Included in the Statement of Financial Activities on accruals ba515. inclusive of any VAT that cannot be recovered. Expenditure that Is directly attributable to specific aclivilie5 has been included in these cost categories. Where costs are attributable lo more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of those resources. f. Going Concern Basis The financial statefflents have been prepared on the going conrn basis. as in the opinion of the trustees. there are no Issues arising which would suggest any other basis as being more appropriate. g. Administration Costs Administration expenditure includes all expenditure not directly related to the charitable aclivily. h. Taxation As a charity. they are exempt from lax on income and gains falling Wlthin section 505 of the Taxes Act 1988 or s256 or the Taxation of Chargeable Gains Act 1992 to the extent that these are applied lo its charitable object5. No tax charges have arisen in the Charity. i. Depreciation: Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows.. Fixture. Filling and Equipment.. 15 0/ts on Reducing Balance method Page11of12
THE DARUL AZKER TRUST FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS Net Surplu5 of the Financial Year The excess of expenditure over income is stated after charging.. 2025 Accountants, remuneration 500 Creditors and Acruals Accountancy Rent 3,000 25,190 28.190 Fundslcapitsl 2025 Balance at 31 March 2024 -23,454 Balance at 1 April 2024 -23,454 Excessl {Deficill of Income over Expenditure -2.989 Balance at 31 March 2025 -26.443 Page 12 of 12