## **QADRIA TRUST (UK) LTD**
**Company Registration Number: 06702714 (England and Wales)**
**Charity Registration Number: 1129096**
**Report of the Trustees and Unaudited Financial Statements**
**Period of Accounts**
**Start date: 1st April 2020**
**End date: 31st March 2021**
## **QADRIA TRUST (UK) LTD**
## **Contents of the Financial Statements for the Period Ended 31st March 2021**
||**Page**|
|---|---|
|**Charity Information**|3|
|**Report of the Trustees**|4 to 5|
|**Report of the Independent Examiner**|6|
|**Statement of Financial Activities**|7|
|**Balance Sheet**|8 to 9|
|**Notes to the Financial Statements**|10 to 12|
2
## **QADRIA TRUST (UK) LTD**
**Charity Information for the Period Ended 31st March 2021**
|**Trustees:**|Mr. Mohammed Yasin.|
|---|---|
||Mr. Ali Aksar.|
||Mr. Mohammad Tayyab Ur Rehman.|
||Mr. Basharat Hussain.|
||Mr. Mohammed Riaz.|
|**Company Registration Number:**|06702714 (England and Wales)|
|**Charity Number:**|1129096|
|**Registered Address:**|26 Alfred Street|
||Sparkbrook|
||Birmingham|
||B12 8JL|
|**Bankers:**|Lloyds Bank|
||Stratford Road|
||Birmingham|
||HSBC Bank|
||High Street|
||Kings Heath|
||Birmingham|
|**Independent Examiners:**|A-Z Chartered Certified Accountants|
||1301 Stratford Road|
||Birmingham|
||B28 9HH|
3
## **QADRIA TRUST (UK) LTD**
## **Report Of The Trustees For The Period Ended 31st March 2021**
The Trustees present their report with the financial statements of the Charitable Trust for the period ended 31[st] March 2021
## **Objective of the Charitable Trust**
The objective of the charity is that of:-
- **1)** Providing education, training, sports and recreational activities to local members of the community. **2)** Getting members of the community involved in religious activities such as prayers, discussions, etc. **3)** Qadria Trust (UK) LTD is involved in various fundraising activities for the building of a new complex incorporating a Community Centre, Education Centre, Commercial Centre and Masjid.
## **Main Activities.**
## **Religious Activities.**
The trustees continue to support the religious activities for the benefit of the community.
## **Donations.**
During the period the Trust received donations of £289,700 from the general public.
## **Investments**
During the period under review, the Trust did not make any investments.
## **Charitable Activities.**
During the period under review, the Trust continues to engage in activities to promote the objectives set out in the Memorandum.
## **Risk Management.**
The trustees regularly review potential and contingent operational risks to which the Charity could be exposed to, particularly monitoring its activities and participants.
## **Preparation of Financial Statements.**
The financial statements have been prepared in accordance with the accounting policies set out in ‘Note 1’ Charities Act 2006 and the Statement Of Recommended Practice “Accounting for Charities” issued in March 2005.
## **Trustees**
The Trustees who have served the Trust during the period were:
Mr. Mohammed Yasin.
Mr. Ali Aksar.
Mr. Mohammad Tayyab Ur Rehman.
Mr. Basharat Hussain.
Mr. Mohammed Riaz.
4
## **QADRIA TRUST (UK) LTD**
## **Report Of The Trustees For The Period Ended 31st March 2021**
## **Trustees Responsibilities** .
Laws applicable to charities in England and Wales require the Trust to prepare financial statements for each financial year which give a true and fair view of the Trust’s financial statements. The Trustees should follow best practice and:
- select suitable accounting policies and then apply them consistently:
- make judgments and estimates that are reasonable and prudent:
- state whether applicable accounting standards and the recommendations of the Statement Of Recommended Practice “Accounting by Charities” issued in March 2005 have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 1993, Statement Of Recommended Practice “Accounting by Charities” issued in March 2005, and the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for prevention and detection of fraud and irregularities.
## **Disclosure of information to Independent Examiner**
So far as the Trustees are aware, there is no relevant information of which the Charity’s independent examiner is unaware.
The Trustees have taken all the steps that they ought to have taken as Trustees in order to make themselves aware of any relevant information and to establish that the Charity’s independent examiner is aware of that information.
## **APPROVED BY THE BOARD OF TRUSTEES ON ……………………………**
## **SIGNED ON BEHALF OF THE BOARD OF TRUSTEES BY:**
**………………………………………..**
**Name: Mr. Mohammad Tayyab Ur Rehman Status: Chair of Trustees**
5
## **QADRIA TRUST (UK) LTD**
## **Independent Examiners Report to The Trustees of Qadria Trust (UK) LTD For The Period Ended 31st March 2021**
We report on the accounts of the Trust for the year ended 31[st] March 2021, which are set out on pages 7 to 12.
## **Respective Responsibilities of Trustees and Independent 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 42(2) of the Charities Act 1993 (the 1993 Act, as amended by the Charities Act 2006) and that an independent examination is needed.
It is our responsibility to:
- Examine the accounts (under section 43(3) of the 1993 Act)
- To follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the 1993 Act; and
- To state whether particular matter have come to our attention.
## **Basis of Independent Examiner’s Report.**
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 the seeking of explanations from you as Trustees concerning 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 our attention which gives us reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with s.41 of the 1993 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met.
No other matter has come to our attention with our examination to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Zeeshan Ashraf (ACCA), Abdul Mohammed (ACCA).**
**A-Z Chartered Certified Accountants, 1301 Stratford Road, Birmingham, B28 9HH**
6
## **QADRIA TRUST (UK) LTD**
## **Statement Of Financial Activities For The Period Ended 31st March 2021**
## **Income & Expenditure Account.**
|**Notes**
**Incoming Resources**2
Donations Received
**Government Grants (Furlough)**
**Total Incoming Resources**
**Resources Expended**
Charity Management &
Admin Expenses.
3
**Total Resources Expended**
Surplus/(Deficit) for the year
|
|**2021**
**289,700**
**39,729**
**329,429**
**117,260**
**117,260**
**212,169**
**£**|
|**2020**
**265,048**
**265,048**
**149,633**
**£**|
|---|---|---|---|---|
||
||||
|||||**149,633**|
||||||
|||||**115,415**|
||||||
The notes form part of these financial statements
7
## **QADRIA TRUST (UK) LTD**
## **Statement of Financial Activities For The Period Ended 31st March 2021**
|**Balance Sheet**
**Notes**
**Fixed assets**
Tangible fixed assets:
4
**Total fixed assets:**
**Current assets**
Cash at bank and in hand:
**Total current assets:**
**Creditors**
Creditors - amounts falling
due within one year:
5
**Net current assets:**
**Total assets less current**
**liabilities:**
**Net assets:**
**Funds of the Charity**
Surplus/(Deficit) Reserve
6
**Net assets:**||||**2021**
**2020**
**£**
**£**
**1,408,722 1,193,460**
**1,408,986**
**1,193,460**
60,334
62,842
**60,334**
**62,842**
**(38,070)**
**(38,070)**
**22,264 24,772**
**1,430,986 1,218,232**|
|---|---|---|---|---|
||||||
||
||||
||||||
|||
|||
||||||
||||
||
|||||**1,430,986 1,218,232**
1,430,986
1,218,232|
|||||**1,430,986 1,218,232**|
The notes form part of these financial statements
8
## **QADRIA TRUST (UK) LTD**
## **Statement of Financial Activities For The Period Ended 31st March 2021**
## **APPROVED BY THE BOARD OF TRUSTEES ON ……………………………**
**SIGNED ON BEHALF OF THE BOARD OF TRUSTEES BY:**
**………………………………………..**
**Name: Mr. Mohammad Tayyab Ur Rehman Status: Chair of Trustees**
9
**QADRIA TRUST (UK) LTD Notes to the Financial Statements**
**For The Period Ended 31st March 2021**
## **1. Accounting Policies**
## **Accounting Convention**
The principal accounting policies are summarized below. The accounting policies have been applied consistently throughout the year and in dealing with items which are considered material to the charity’s financial statements.
## **Basis of Preparation**
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2007), the **Statement of Recommended Practice 'Accounting and Reporting by Charities'** issued in March 2005 **(SORP 2005)** and **the Companies Act 1985** .
## **Incoming Resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of donations & gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
## **Resources Expended**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services or its beneficiaries.
## **Investment**
Fixed asset investments are revalued annually by trustees on an open market basis. No depreciation is provided on properties or on leasehold investment properties where the unexpired lease term exceeds 20 years.
## **Donations Paid**
The financial statements reflect donation on the basis of actual receipt and payment made during the period under review.
## **Taxation**
No provision has been made for taxation on the basis that the charity has been granted exemption from tax **under ‘S505 Income and Corporation Taxes Act 1988.**
10
## **QADRIA TRUST (UK) LTD**
## **Notes to the Financial Statements for the Period Ended 31st March 2021**
## **2. Income**
The income and surplus is attributable to the principle activities of the charity.
## **Voluntary income**
|
Donation received
Government Grants
**Total income Resources**
**3. Charity Management & Admin Expenses.**
Salaries & NIC
IT
Insurance
Light, Heat & Water
Telephone & Internet
Printing, Postage, Stationery & Advertising
Fire & Security
Repairs & Renewals
Bank Charges
Cleaning & Pest Control
DBS Checks
Professional Fees
Catering
Consultant
|**2021 2020**
**£ £**
289,700 265,048
39,729|
|---|---|
||**329,429**
**265,048**|
||**2021 2020**
**£ £**
57,766 102,382
1,900
70
3,496 2,229
2,916 5,938
1,078 1,352
1,994 3,194
192 369
14,200 4,223
448 72
1,282
1,723
0
66
28,800
19,732
638 8,283
2,550
0|
**117,260 149,633**
11
## **QADRIA TRUST (UK) LTD**
## **Notes to the Financial Statements for the Period Ended 31st March 2021**
## **4. Tangible Fixed Assets**
|**Cost/Valuation**
At 1st April 2020
Additions
**At 31st March 2021**
**Depreciation**
At 1st April 2020
Charge for year
**At 31st March 2021**
**Net Book Value**
**At 31st March 2021**|**Land & Fixture andBooks Totals**
**Building Fittings**
**£ ££ £**
1,238,169 19,6445,2251,257,813
150,909 0
0150,909
**1,389,078 19,644 5,225** **1,408,722**
0 05,2250
0 000
**0** **0** **5,225** **0**|
|---|---|
||**1,389,078 19,6440 1,408,722**|
## **5. Creditors: Amount falling due within one year**
**2021 2020 £ £** Private Loans 38,070 38,070 **As at 31st March 38,070 38,070 6. Funds of the Charity 2021 2020 £ £** Surplus/ Deficit for the year 212,169 115,415 Funds brought forward 1,218,817 1,102,817 **Fund carried forward 1,430,986 1,218,232**
12