Chartty re8istratSon number.. 1127264 Barnoldswick Learning & Cultural Trust Annual Report and Financial Statements for the Year Ended 31 December 2024
Barnoldswick Learning & Cultural Trust Contents Reference and Administrative Detèils Trustees, Report 2to3 Independent examiner's report Statement of financial activities Balance Sheet _ Notes to the flnancS8l statements 7tolO The following pa8e does not form part of the statutory financial statements= Statement of financial activities per fund li
B*rnoldswick Learning & Cultural Trust Reference and Administrative Details Charlty name Barnoldswick Learnln8 & Cultural Trust Charlty reglslratlon number 1127264 Tfustèes l Ahmed ZAhmed S Ditta l Abdullah IGanil Vali F Mahmood (New trustee 4 July 20241 Shaukat S Sheraz INew trustee 4 July 20241 Bankers HSBC Nelson 12 Manchester Road Nelson Lancashire BBII IJH Accountani Streets Macmahon Le88ate 1st Floor Kingsway Housè Kin8swav Burnley Lancashire BBII IBJ Page I
Barlloldswick Learning & Cyltural Trust Trustees, Report Introductlon The trustee5 present their annual report and financial statements for the year ended 31 December 2024 and confirm that they comply with the Charities Act 1993. as amended by the Charitie5 Act 2011. the constitution and the Charities SORP 2005. The board of trustees are sattsfied with the performance of the chaiity durin8 the year, the position at 31 December 2024 and consider that the charity is in a strong position to continue its activities durln8 the comin8 year, and that the charl$ assets are adequate tts fulfil its obli8ations. Governlng Document 8arnold5wick Learning & Cultural Trust was constituted as a charitable trvst registered with the Charity Commission in December 2008 under charity number 1127264. It IS governed by a constitution last updated in October 2009. Organi5ationzl Structurè The charity trustees are responsible for the general control and management of the charlty. The irnstees give their time freely and receive no remuneration or other finantial benefits. Appo5ntment of Trustees The existing trustees are responsible for the appointment of new trustees. Oblectlves and Acilvltles of the Charlty The objects of the charity are set out in its coDstbtution and are summarised 35 follows.. To advance the Islarnic religion in 8arnold5wick for the benefit of the public throu8h the hoilding of prayer meetings, lectures, public celebration of Islamic festivals and producin8 and distributing literature on the Islamic faith to enlighten other5. The promotion of racial harmony for the benelit of the public by promoting knowledge and mutual understandin8 between different racial groups. To advance the education of the publit in the subject of Islam. Achievements and Perforrnanct of tht Charbty Ourin8 the year the charity has continued to steadily and suctessfully raise money via donations and loans from the Muslim comrnunity acros5 the country. Llsing previous monies raised, the m05que site was purchased on 29 December 2009, and a further. larger 51te wa5 acquired in July 2023. Policies on reserves The trustees have resolved to establish reserves to provide for thè furthèrance of the ch3riW5 activities. Page 2
Barnoldsivick Learning & Cultural Trust Trustees, Report Oetslls of any funds materlalty In deficlt No funds are in deficit. Approved by the Trustees on 27 October 2025 and signed on their behalf by-. l Ahmed Trustee Pa8e 3
Independent Examiner's Report to the Trustees of Barnoldswick Learning & Cultural Trust I report on the accounts of the Trust for the year ended 31 December 2024. which are set out on pages 5 to 10. Respertive responslbllltlès of trustets and èxamlner The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011lthe 2011 Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under sertion 145 of the 2011 Act; follow the procedures laid down in the General Directions given by the Charity Commission under section 1451$) Ibl ol the 2011 Act. and state whether particular matter5 have come to my attention. 8351s of Independent examlner's report My examination was carried out in accordance wlth the General Directions given by the Charity Commission. An examinarion includes a review ol 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 disclosure5 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 85 to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Indèpendeni examlner's statement In connection with my examination, no matter has come to my attention.. 111 which 8ives me reasonable cause to believe that in any material respect the requirements: to keep accounting record5 in atcordarnce with section 130 of the Act.. and to prepare accounts which accord with the accountin8 records and comply with the accounting requirements of the 2011 Act have not been met; or 121 to which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts lo be reached. 1st Floor Kin8sway House King5wav 8urnlev Laneashire 8811 IBJ Richard Robinson Streets Macmahon Leg8ate Chartered Accountants 27 October 2025 Page 4
Barnoldswick Learning & Cultural Trust Statement of Financial Activities for the Year Ended 31 De¢¢mber 2024 Unrestrlcted Total Funds Funds 2024 Total Funds 2023 Note Incomlng resour5 Incoming resources from generated funds Voluntary income Activities for generating funds Total incomin8 resources 43,519 43.519 251,885 2,380 254,265 43.519 43,519 Resources e¥pended Costs of 8eneratin8 funds Costs of generating voluntary income Fundraising trading.. cost ol goods sold and other costs Total resources expended 19.136 19.136 16,146 1,820 17,966 19.136 19.136 Net movements in funds 24.383 24,383 236,299 Recontlllatlon of funds Total funds brought forward Total funds carried forward 369,491 393,874 369,491 393,874 133,192 369.491 All incoming resources and resource5 expended derive from continuing attwities. The charity has no recognised gains or losses for the year other than the rèsults above. The note5 on pa8es 7 to 10 form an integral part of these financ¢al 5taternents. Page 5
BarnoldsTvick Learning & Cultural Trust Balance Sh¢et as at 31 December 2024 2024 2023 Note Flxèd assèts Tan8ible assets 328,317 328,317 Current assets Stocks and work in progress Cash at bank and in hand 325 1,430 47,918 49,348 69.004 69,329 Creditors: Amounts fallbng duè within one year 13,7721 18,1741 Net current asset5 65,557 41.174 Net assets 393.874 369,491 The funds of the tharity.. lJnres¢rlcted fund5 Uniestricted Income funds 393.874 369,491 Total charlty funds 393.874 369,491 Approved by the Board on 27 October 2025 and signed on its behalf by.. l Ahmed Trustee The notes on pages 7 to 10 form an integral part of these financial statements. Page 6
B#rDold5wiek Learning & Cultural Trust Notes to the Financial Ststements for the Year Ended 31 December 2024 Auountln8 poll¢les Basls of preparation The financial ststements have been prepared under the hlstorlcal cost convention and in accordance with the Statement of Recommended Practice 'Accountin8 and Reporting by Charitie5 ISORP 20051,, issued in March 200S. applicable accounting standards and the Charities Act 2011. Fund a¢¢ounilng pollcy Unrestricted income fund5 are general funds that are available for use at the trustees. discretion in furtherance ol the objectives of the charity. Further details of each fund are disclosed in note 10. Incomlng resources Donation5 are reco8nised where there is entitlement, certalnty of receipt and the amount can be measured with sufficient reliability. Shop income is recognised as earned Ithat Is. as the related goods or services are providedl. Resources expended Liabilities are recognised as soon a5 there 15 a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been dassified under headln8S that a88re8ate all costs related to the category. Costs of 8eneratin8 fund5 cornprise the tosts associated wsth attractin8 voluntary income and the tosts of tradin8 lor fundraisin8 purposes. Flxed a55ets Individual fixed assets costing £100 or more are initially recorded at cost. Depreclatlon Depreciatlon Is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follow5.. Freehold interest in land and buildings lincluding herita8e Not depreciated Stock Stock is valued at the lower of cost and net realisable value, after due regard fof obsolete and slow movin8 5tock5. Net reali5able value is based on sellin8 price less anticipated costs to completion and selling costs. Items donated lor resale or distribution are not irscluded in the financial statements until they are sold or dlstrSbuted. Pa8e 7
Barnoldswiek Learning & Cultural Trust Notes to the Financial Statements for the Year Ended 31 December 2024 continued Voluntary Income Unrestrlrted Total Funds Funds 2024 Totsl Funds 2023 Donatlons and legacles Committed 8ivin8 Sales of purchased goods 43,264 255 43,264 255 251.885 43,519 43,519 251,885 Attlvltles forgÈnèr*ing funds Unrestrlcted Total Funds Funds 2024 Total Funds 2023 Retail salès Sales of purchased goods 2,380 Total resour¢es expended Donatlons and legacie5 Total Dlrect costs Cost of goods sold Employment Costs Establishment costs Repair5 and maintenante Office expenses Subscriptions and donations Sundry and other costs Accountancy fees Bank charges Other finance charges 1,105 5,816 8,2CM) 356 347 446 1,105 S.816 8,200 356 347 446 240 1,858 271 497 240 1,858 271 497 19,136 19,136 Page 8
Barnoldswick Learning & Cultural Trust Notes to ¢he Financial Statements for the Year Ended 31 December 2024 . continued Trustees, remynerallon and expenses No trustees received any remuneration durin8 the year. Employees, remuneration The a88re8ate payroll cost5 of these persons were as follows.. 2024 2023 Wages and Salaries 5.816 5,219 No employee received emoluments ol more than £60.000 durin8 the year12023- No. 01. Tan8ible fi¥ed asset5 Freehold interèst In land and buildings Ilncluding herlta8è assets) Cost A5 at l January 2024 and 31 December 2024 328.317 Net book value A5 at 31 December 2024 328,317 328,317 As at 31 December 2023 Credltors.. Amountsfallln8 due wlthln one year 2024 2023 Other creditors Accruals and deferred income 2,672 i.i(KJ 3.772 7.274 900 8,174 Page 9
BArnoldswick LearDing & Cultural Trust Notes to the Financial Statements for the Year Ended 31 December 2024 continued Related partles Controlllng entlty The ch3rity is controlled by the trustees. 10 Analysis of fund5 At31 Decèmber 1024 Atl January 2024 Incomln8 resourcts Resources expended General Funds Unrestricted income fund 369,491 43.519 119.1361 393,874 11 Net assets by tund Unrestrlcted Funds Totsl Funds 2024 Total Funds 2023 Tangible assets Current assets Creditors.. Amounts falling due within one year Net a55ets 328.317 69.329 13.7721 393.874 328,317 69,329 13,7721 393,874 328,317 49,348 18,1741 369,491 Page 10
Barnoldswick Learning & Cultural Trust Statement of finaneial aetivities by fund Year Ended 31 December 2024 Unrestricted Unrestritted Income fund incorne fund 2024 2023 Incoming resources Incoming resource5 from generated funds Voluntary income Activities for generating funds Totsl incoming resources 43.519 251.885 2.380 254,265 43.519 Re50urce5 expendèd Costs of generating funds Costs of generatlng voluntary income Fundraising trading.. cost ol goods sold and other costs Total re50urce5 expended 19,136 16,146 1.820 17,966 19.136 Net movements in funds 24.383 236,299 Reconciliation otfunds Total funds brou8ht forward Total funds carried forward 369.491 393,874 133.192 369,491 This page does not form part of the statutory flnancial statements. Pa8e 11