ChArli) Nurnber- 1116a03 HAZARA COMMUNITY MILTON KEYNES Rc'port i)f the Tru*>lees and Unaudited Financial Statemants }'i?ar Endi'd.11 ST 11,IRCII 2024
11,I/...IR,I C'OIIII[I N I'I'I. 1111.T()Nl4 Tr"YNTr-.S 'car F.nded .1 I %T i1lilRfll 2024 Contents of the Financial l%ialemenls Report olthc Truslw Independenl Examinerfs Reporl Siatcment of Financial A¥tivilics Balance Sheei Notes lo ihe Financial Statements 10
I'ejr Tr-ndcd .11 .% I. .11.IRL 112024 The InJ%tLLS pfc%Lnl IhLir retM)rt with Ihe financial Siaicmenls of ihe Charity for Ihe year endd 31 March 2024. TIIL iruslccs hJvL adoplcd ihc pro%"Isions of thc SiJlcn?¥nl of Rccommcnd¢d Praciicc (SORP) 'Accounting and Rcporting by Charilics, issucd in Nlarch 2005. REFERENCE ,IND IIDIIIN'STILITII'E DET,IILS Rigiistered Chariti. number 112680J Principal address Unit 10 Wdilker .li'enue Wollerton Mill Milion K¢ynes MK12 STIV Trustees Mr Aii'az Ali Abrahim Mr Mi ohammad Asif Haidari Mr.4bdul Ahmed .411ia Independent Examiner tlbba.s Sadak FCCA. CTA. PGdip, CertlFR, MIOD True Tax and Accountancy Limited WOSGA Housc 19 Sioneleigh Court Wcsicroft Milion Kcynes k4 4BS
11.I/...IR,I C-()IIIII'JITI' 1111.TOINKF-Ylifr:S I car fr'.ndid.11 5-1. 11,IIIC-1120?4 Reporl of the Trustees STRL,CTURE. GOI'EILNAiNCF AND %1 IANAGF.IIEST Goj'erning document Thc Charily is conlrollcd by it5 guvcming d(Kumcnl. d d¢cd ofirust_ and conslilulcs an unincortK)rated charily. Organisalional structure The Churiiy is governed by lis constitulion and is conslituted as a charitable trst. The trustcLs are responsible for the overall managerneni and control of the Chariry and meei regularly to managFe its affairs. Risk. mgnagemen¢ Thc trustccs havc a duty to identify and r icw thc risks to ivhich thc Charity 15 cxpos¢d dnd io cnsurc appropridic controls arc in placc io prol ide rcasonablc assurnncc against fraud and eOr. The managing trustccs ha% e asscssed the major risks to ivhich ihe Charity is exposed. in particular the risk ihat lack of funds w.ill prevenl the Charity from achieiiing its aims and objectives. Since introduLing more fundraising ei"enis. including schemes such as Ihar of £ 1.000 donations from meinbcrs who can afford it. Ihe Charil). has laken appropriate steps in c)rder 10 eiisurL Ihat sulTILiLni fuiids are ii) placc and dierebj. ensuring ille Charily 15 ablc to continue it's prLscni a¢tiN'itiL'S. OBJECTII'ES AND .4CfllllTIES Objectives #nd aims (1) To promote the benefit of Ihe HazarJ community in Milion Keynes and surrounding areas bv.. I:1 i ThL adi'ancemeni of IliL Islamic faiih for ihe bcncfil of ihe public. tn accordancL with Ihe lenels and diictrine% ol- thi Sl)iJ Iilina .4%hLri Sliariah. (b) The rcliefof povcny. -sickness and disiress. {c) To furthLr or bL"nLfii thc residLlits of Milton kLyncs and ihL nLighbourhood.wiihout dislinLlion ofsLX. SCXUdl oricnialion. race or poliiical. rcli&vious or nihcr opiiiions by as%ocialing logcihcr Ihc said ILsidcnis and ihc
111I7.AR,I CU71uITv rnIII.TONKTr'YNTr-S l'ear Tr".nded 31 ST NI,IRC'II 2024 Ioc471 auihorilie%. volunlary and oiher nrganisalion. in a common efforl lo advance cducalioll and io pro¥ idc faciliti¢s In Ilic inlercs15 of wcial wclfarc for recrcatson IciburL' limc occupalion wilh Ihc objcclivL' of improving Ihc condilions of lifc for the rcsidcnts. (2) For any oiher purpose deerned charilabl¢ by ihc13w of England and V¥'ales as ihe truslees shall from iimc to time delemiine. In furtherance of these objects. the trusiecs shall hae power lo establish or secure thc esiablishmeni of a community centre and lo maintain or manage or CO•opeTale i* iih any statuiory authority in ihe maintcnance and managern¢ni of such a centre for activities promoted by the Chariiy. Charitable gctii'ities The Tst¢eS consid¢r thai ihc pcrforniancc of the Chariry has bccn 5alisfactory and has bccn successful in fulfilling its aim5 and objectives. Ai Ihe end of ?015. the charily 511ccessful acquired a cenire in Wolvemon. Milton Keynes for use by the community for religious and non-religious aciivilies such a5 Sunday school. kids clubs. counselling sessions. table lennis elc. In addition. the centre Tcfurbishmeni WOTk is now complete and ihe centre is now full operaiional u'iili all ael1.1tleS rc%lraied posl cul'id lock down. TFIL Tiii%iec% liii e borrvwed a uiii of £ l iO.000 froin a iialional hatik. Iiich 14 repJ!'.Ible o%'er 20 I'cars, Ihe ouisianding balaiice 41.% ai 31" Nl4?rch 20,4 is sliow'n vii ilie balancL shL¥t. The charity also had a numbcrof N'olunieL'rs wiihin the communtty who dedicaicd thcir lime 10 assisi wilh thc refurbishment and dccoralion of the prcmisLS for which thc Iiiistccs are vcry graicful for. TIIL &%50LidtlOll FiLLiI subscriplions as iv¢ll as raising funds ai differenl events. The fund raising efforts hai'e gyrown sinnificanily ii'ith the support of ihe community over ihe last few yedrs. We continue lo ensure Ihai donations are collecled iu repay the oui8tandinb' loan and god willing our largel is to repay ihi% back wiihin the next five years with conlinuLd etrons. FUI'URE DEN'EI.I)P,IIF.N"rs The Lhariiy'.s aciiviliLS Ii'ere fully fui)clional in ihe year and ilonnal prOgnS ar¢ in place i.e rcgulary Icclurcs. quran classL"s, Sunday school Imadrcs52) cic. BEHALF OF TIIE Bn,IRD: Dllled: 27, Juli 2024
11,l/JilR,I co11(151 I'Y II 111,IONKTr-Yh'F.S I cr Tr'.nded .11 l- 11,1 RC'II 2024 Iiiili li¥ Iiililll l.x.IllllllLI.% KLIKIII lo IhL -frus1 lif Tri,i/.,IRA C()%1 %iii %'i-rY I rLPOrt on thc aLcounls for thc ycar cndcd 31 March 2024 ycl oul on pages xrycn lo ien. Ri'5pectii'e responsibilitie5 of Iru51ets aTrd cxamin¢r The Charity's trustees are responsible for ihe Preparation of the accounts. The ChaTiW$ Iru.sl¢¢s considLr ihai n audil 1% nol fLquircd for this year lundcr Seciion l ?) of ihe Charities Act 201 (the 2011 Acl)) and ihat an independenl examinaiion as rcquired. It is my r¢sFM)nsibiliiy Io: a) claminc ihc accoun15 under Section 145 ofihc 201 l Act b) io folloii. IhL proccdures laid down in ihc General Dircctions givcn by thc Charity Commission (undcr Scction 145{5Kb) of the 2011 Acll- and c) to 5talc whcihcr particular maltcrs have come io my atl¢ntion. Ba515 of the independent examiner'5 reporl My examination il'as carried oui in accordance ivith the General Directions given by lh¢ Charily Comffli55ion. An examination includes a reN"le, of ihe accounlin? records kept by ihe Charity and a comparison of ihe accounls prcsenied ii'iih ihosc records. It also includes consideration ot- any unusual items or disclosures in the accounis. and seeking cxplanations from )'ou as Irusiees concerninu any such Inatlers. The procedures undertaken do not proN'ide all ihc cvidence that w'ould be rL"quircd in an audit. and conscqucnily no opinion is gii'cn as lo whLthLr ihL accounts present a 'lruc and fair i'icw, and Ihc rLpon is Iimitcd to those maiicrs ct oul in ihc siaicincnts belo. Independent ¢xaminer's Statenient In conncclion with my examination, no matter ha5 come io my atteniion: { l ) which givLS me rcasonable cause io belii'e thaL in any material respect. the requirements al lu kcep accouniingi reLord% in accordance M'iih Scciion 130 of the 2011 Act. and bi lu prLparL' dLLounis i¥'hiLh aiLI)rd li iih the accounlinu records and io comply lIh Ihc accounlinbp requiremen15 01-Ihe ?0 I l Aci have noi bLen mei: or (2) io whicli. in niy opinion, atlLntion should be drawn in order to enable a PToper undcrsiandingi of ihL accounts to bc rcachld. Indcpendc'nl ¥aminer Ahbis SJdak Fi ("A. (-crtlFR. (' Kllot). Trnc Tax ind.Ic¢oiintsnTh Limiicd 'US(iA FILTrU*. IY Sionel¢i¥h Ciilln. Wesliron. Nljlion Ke) t1 IIK4 41JS l)dlLMI.. 27" July !0?4
I'cAr I'iidcd 3151- ,11,IR(.'112024 Fw Trf4 )l-Mar-24 Fur INCOMING AEY)UIICES Vohjntxy Income 8L539 8VJ9 Tot41 In¢ommi Ae5ryJr¢es 81.539 BL$39 4BmJ RESOUACES EXPE14DED 164fi291 164M91 16&n31 NET IIICOMINGIOUTGOING IIESOURCING 16,910 16.910 RECONCIUAIION OF FUNDS Total Fund5 trought Forw¥d I60.3) If375? 141.71SI TOTAL FUNOSCARRIED FORWARD 143.46SI {43.4651 The finan¢ral staiemenLs appro%'ed by ihe Board of TnJ%tees on 2P July 20?4 a]Ml were signed on ils bchaifby.. DtI].. 27 July 20?4 N1r lOhaMMad Asif Haidari
) cr F"nded .11 s-r Ni,IRcii 2024 Yole5 to Ihe Fln4nclal Sialtmenls ACCC)UNTINC PQI.ICIF.S Ilccounting conienlion Tlie IinanL ial %ialcmei)i.s hai'e bcen prcpared undcr the hi.siorical cosi convenlion and in aLcordanLe M'illi Ihc Financial RLpoMinb' Siaadard for Smaller Enlilic.s (effeclive April 2(Ki81. the C-liarilie% ALI 1993 aiid IhL rcciuiremcnts of the SLaiL"mcnl ol Recommewjdcd Practice, AccountingT and ReportingF by Chariiics. Incoming resources AII iliLL)niingp rL%L)IirL¥4 arc includcd on Ihc Siai¢rncni of Financial Aclivil&¢s when the Charity 15 ILgally Lnlitlcd io thL incomc and ihc amounl can bc quaniificd wilh rc&%onablc accuracy. Resources expended ENpinditurL" is accounted for on an accruals basis and has been classified under headings thai aggregate all cosl related to the category. Tangible filed assets No depreciation is prol'ided againsi th¢ building acquired. Taxation Thc Charbty is cxcmpt from lax on ils charitablc aclil'iiies. Fund accounting Unrcslricicd funds can bc uscd in accordance with thc charilablc objcctitrcs at thc discretion of the istee%. Reslricied funds can only be used for particular restricted purposes wiihin the objects of the charily. Resirictions arise ivhen specified by the donor or hen fund are raised for particular re%iricled purpos¢%. All ihi Teslriiled tund% In il)L yLar.Ind k.IrliLr riOdS relaiL 10 th¢ pr(IPLrly lui)d. Loiiiniuniij pfoJLcis funds 4iiid Ili¢ Sunday SLliool a) iiidiLalLd abo%'e.
Hii/J¥lR,I C"011]LIN1].V li1..[015KTr-yh.S )'car fr'.ndcd .1 I f¥-l- 11,IRCII 2024 Jl-Mar-14 849 849. Current Assets Cash If Bank General A(rount fDr Spetifit pttsJtct5 (ash In 8èDk. M05que and Comrnynrty cenlre Furbd Cash In H•nd- Muharram and S31ar IuDd Cash In 8ank. Mlfes5aIS)day Schts 6285 9.113 9.124 6285 6285 9.713 9.124 6285 28JU 760 3J59 Bank Loa 1137Jll} 1137.2411 NET ASSET5 743.134 743.234 768.1 FUNOS Re5tnrted Fund5 Unr¢siriCted Fund5 143234 743.Z34 76B.i¥) 743.234 743J34 768.1 Thc tinancial_%laiemcnt% ¢[¢ approved b). thc Board of Truste on ?Tb Jul). were signed un ils behaifby: 024 Dad.. 2T' July 0•4 Ir NlohJmrnad ,l%il Flaidari