LONDON EDUCATION TRUST CHARITY NUMBER- 1137024 REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
LONDON EDUCATION TRUST year ended 30 September 2024 Contents Page no Information Pa9e Report of the Irustees Independent Examiner Report Statement of Financial Activitie5 Balance Sheet Notes to the financial statements 7-10
LONDON EDUCATION TRUST year ended 30 September 2024 Charity Informalion Trustees" Mr Bodru1 Alom Sheikh Mr Tanzeem Abdullah Mr Mohammèd Islam Uddin Mrs Re5htna Sheikh Chairman Secretary Charity No.. 1137024 Address 5th Floor, Maryam Centre 45 Fieldgate Street London E1 IOU Independent Exatniner Abacus Partners ILdnl LLP Unil A, Abbott5 Wharf London E14 6JL Banker HSBC8ankpl¢ Whit&chapel Blanch 75 While¢hapel Road London El 1 DU Page-j
LONDON EDUCATION TRUST TrLlStees' Report for the year ended 30 September 2024 The Truslees pièsenl Iheir rÈport and 11)e Iinancidl slalemenls for Ihe year ended 30 Septembèr 2024. Goveining Instrtsmenl.. The charity's obje¢ls and regulations ale regulated by the conslilulion adopled on 10 February 2010 and the charily Is an unincorporèled association regislered with charity commission's on 22 July 2010. The objects of the Charity are lo profflole any charitable Pufpose for Ihe benefit of the Muslim inhabilanls of the uniled kin9dom and in particular for those inhabitants who are of Muslirn Bangladeshi origin. In particular lu advance general education. ieligion and training. to provide community cohesion and SLtrPPOrt deprived people lo ènhance their ¢omrnLJnicalion & linguistic skills lo ielieve poverty and hardship ainongsl deslilule people living In 8angladesh and In the UK with Ihe 811n of improving their education and condition of life. The charity 18 organised with J committe& IBoard of Trustees) ele¢led by the members to oversee the overall a¢livilies and one of the committee member is nominated 85 chairperson. lo moniloi the day to day running ol the charity. Trustee5 andlor PTincipal offl¢&r5'. The following otticers of Ihè ¢harily have held Offi for the whole of the year. Mr Bodiul Alom Sheikh Mr Tanzeem Abdullah Mr Mohammed Islam Uddin Mrs Reshma Sheikh Chairman Secretary Treasurei Trustee The IrLislees are eligible. In committee, to appoinl additional Iruslees under the terms of the constilulion. Attlvlties and Athlevement8'. Howour activities deliver public benelit The charity caiiies out wide lange ol community language classes such Arabic and Bengali that supporls children's comtnunity language learning in school There are many benefits in learning mother tongue and ¢OmTnunity languages Amongst them are the uses of Ar2bic grammar which can be Incorporalecl ancl assimilated with English grammar at school. This develops Ihe children's ability to speak, read and write In their mother tongue and olhei community language5. 11 also develops Ihesr translation skills. As a result they develop confidence In language learnng Through learning Arabic language children are gaining the ability lo work In Aiab Countries and widening their c8reei piospeclive. The ¢harily entertains many l&isure Jctivities lo develop ¢hildren's social ski115 and ekperiences. They also irnprove social awarer)ess to develop our society, guch as speaking club and workshops. This develops children's ability lo speak In publi¢ and become confident speakers. It enables Ihem lo Identify anti-social behaviour5 and aclivilies. As a result it helps them gain confidence in their 8¢hool work. group discussions and collaborating with others. Also the ¢harily 85SlSts in wllecting money for the poor and disadvantaged people around Ihe glob& and encourages young people to apprec18t what they have 8nd Oonate to the needy. The charity also provides teacher training prograrntnes for community language teachers. 11 provides teachers beneficial leaching styles. strategies and methods to leach children effectively in a meaningful context. This enables the teachers lo undersland children's mind and prowde Ihem beneficial teachings lo cjevelop our society. Page-2
LONDON EDUCATION TRUST for the year ended 30 September 2024 Trustees. Report The cl)arily arranges classes lo cieale awareiiess arriongst youllg people agairisl anti-social activities such gang fi9hiing. drugs. teen3ge pie9nan¢y and so on This Is particularly useful for leen3ge childi&n who often f811 Into these offenses easily. The charity furthermore provides range D18dulls' courses where people learn different social issues and topics according lo reli9ious values and cultural understanding. This develops oommunily cohesion among the cornmunilies in the UK. It also provicles parenting courses and farnily counselling for adults lo Improve theii farnily lies. Parenting course Is pailicularly useful lor young parents who lack &xpÈiience in iaising children 11 ¢ovÈrs topics such as behaviour m3nagemenl, ¢hildren's psychology. understanding their learning dèvelopment and how lo reward and praise children lo enhance their learning and provide a positive upbringing which Is fulfilling and rewarding. Review of Tran5aciion$ and Flnancial Posltion-. The Statements of Financial Activities shows a nel deficit £2,0721£24,021 in 20231 for this ypar. with the Balance Sheet value of £21.631. Despile of srnall delicil Iruslees have reasonable exp&clation that the chaiily will continue lo g&neiale enough revenue to keep the charity opèrational and they 11 review ils, reserve in the next 12 months iegularly. Statement of Trustees. R85pon5ibilities The Iruslees are responsible loi preparin9 the Trustees, Annual Report and the financial Slalements in accofdance with applicable law and United Kingdom Ac¢ounling Standards Iunited Kingctom Generally Accepted Accounting Practi¢el. The law applicable to charities ln England & Wales iequires the trustees to prepare financial statements for each financial year which give a true and fail view of the slate ol 8ffair8 ol the chaiily and of the incomin9 resources and application of resources of the charity for thal period. In preparing these financial slatemenls, the truste85 are reouiied to.. sele¢l svilable accounting policies and then apply them ¢onsislenlly-. observè the methods 8nd princpIeS in the Chanties SORP 2015 IFRS1021, make judgements and estimates that are reasonable and prudent., slate whether applicable accounting standards have been followed. subject lo any Thaterial departures disclosed and explained in the financial slatemenls.. prepare the fin3ncial statements on the going concern basis unless Il is inappropriate to presutne that the charity will continue in operation The Iruslees are iesponsibl& for keeping proper a¢¢ounling re¢ords that disclose with reastsnable a¢¢uracy al any tim the financial position of the charity and enable Ihern lo ensure that the finai)¢ial slalemenls comply with the Charities Acl 2011, the Charity IAc¢ounls and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the ¥ssels ol the charity and hence for taking reasonable steps for the prevention and detection of fraud and other Irregul8rities. Independent Examlner.. Abacus Partners (Ldnl LLP were reappointed as the independent exaffliner for the followng ye8r. This report has been prepared in accordance with the Slaternent Df Recotnmended Pr8Ctice'. Accounting and Reporting by Charities120111. This report was appfoved by the trustees on 4 July 2025. Signed on behalf of the board of trustees. .on their behalf Mr Bodrul Alam Sheikh IChairm8nl Page-3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LONDON EDUCATION TRUST for the year ended 30 Septeinber 2024 I have examined the 8Ctounls and st21ements on pages 5 10 10. which h8ve been piepared on the b35is of accounting policies sel out on paqe 7. Respèctive responsibilitie$ ol TTUSteÈs and Examinèr.. The trustees are Fesponsible for the preparation of the a¢¢ounts. The IruslÈes consider that 2n audit Is not required lor this year under section 144121 ol the Charilies Act 2011 Ith& 2011 Act) and that an independent &xaminalion Is needed. The ¢harily s gross income did not QCeed £500,000 and l arn qualified lo undertake the examination by being a Qualified member of the AGCA. 11 is my responsibility lo.. examine the accounts under section 145 01 the 2011 Act.. follow the prtscedures laid down In Ihe general Directions given by the Charily Commission under section 14515llbl of the 2011 Act, and slate whelhei particular malteis have Come to my 8llenlion. Basis ol Examiner's Statement- My examination was carried out In accord8n¢e wrth the general 1ctionS given by the Charity Commission. An examination includes a review of the accounting records kept by the ¢harily and 8 comparison of the accounts presented with those records. 11 also includes consideration of any unusual Ilerns or disclosures In the accounts. and seeking explanations from you as trustees Conrning arty such matters The procedures unrsertaken do nol provide all the evidence that would be required In an audit and consequently no opinion Is given as to whether the accounts present a 'Irue and fair Vew, and the report Is limited lo those malteis sel oul in the statement below. Examlner's Statement.. In corinection Mryth my examination. no maller has ¢om8 lo my 811enlion.. whi¢h gives rne reasonable cause lo believe th8t. in any material respect, the requirem8nls'. • to keep at¢ounting records in accordan¢e with section 130 01 the 2011 Act., and to prepare accounts which accord with the accounting records and tomply with the a¢¢ounling iequirements ol the 2011 Act have not been met.. or 2 to which, in my opinion. attention should be drawn in orcler lo enable 8 proper understanding of the accounts lo be ie8ched. MRNA OWDHURY FCCA Abacus rtners ILdnl LLP Chartered Certifiecj Ac¢ountants and Regislered Auditors Unil A, Abboit5 Wh8rf 93 Stainsby Road London E14 6JL Dale. 4 July 2025 Page-4
LONDON EDUCATION TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2024 Total Total Unre$tricted Reslricte 2024 2023 INCOME AND EXPENDITURE otes INCOMING RESOURCES Income from Charilable acliviles 232,716 232.718 187,425 other income 27 Tolal Income 232.716 232,716 187,452 RESOURCES EXPENDED Oirecl charitable a¢tivilie$ 192.025 192,025 130,004 Governance Cost 11,502 fj1,502 9,268 Support Cost 31,261 31,261 24,159 Total Resource5 Expended 234,788 234.7B8 163,431 NET INCOME IDEFICIT FOR THE YEAR 12,0721 12.0721 £24,021 Fund as at 1 October 2023 23.703 23.703 318 Funds a5 at 30 September 2024 £21,631 £21,631 23.703 The notes on page$ 7 to10 form part of these accounts. Page-5
LONDON EDUCATION TRUST BALANCE SHEET AS AT 30 SEPTEMBER 2024 Total Tolal 2024 2023 Notes FIXED ASSETS.. Tangible Assets 3,131 4,697 Current Assets.. Debtors 14,025 14.025 Cash at Bank and in halid 4.662 5,049 18,687 19,074 Creditors.. Amount falling rtue wlhin one year Net Current Assets 187 68 18,500 19.006 Total Net A$$ets 21,631 23,703 Fund$ nStriCted funds 10 £21,631 23.703 Total Funds £21,631 23.703 Approved by the Board of Trustees on 4 July 2025 and signed on its behalf t>y Mr Bodrul Alom Sheikh ICh8irn)anl Mr Mohammecl Islam Uddin Trustee The notes on pages 7 to 10 form part of these accounts. Page-6
LONDON EDUCATION TRUST Notes to the financial statements foi the year elided 30 September 2024 CCOUNTING POLICIES 1.1 BASIS OF PREPARATION OF ACCOUNTS The financial slaletnents have been prepafed in ar¢ordance with Accounting and Reportin9 by Charities Statement of Recommended Practice applicable lo ¢h8rilies preparing their a¢¢ounts In accordance with the Financial Reporting Standard applicable in the UK 8nd Republic ol Ireland IFRS 1021 leffe¢liv& l January 20151 (Charities SORP 2015 IFRS 1021. The ¢h8rily meet5 the definilion ol a public benefit entrty under FRS 102. Assets and li8bililies are Inilially recognised at historical cost or Ir8ns8Ction value unless otherwis8 Staled In the ielevant accounting policy notelsl. 1.2 INCOME RECOGNITION All incomin9 re50ur¢Ès are included In the Slalemenl of Financial Activities ISOFAI when the ¢harily is legally entitled lo Ihe income after any performanLe condilioris have been mel. the arnounl can be measured reliably and It is probable that the Income will be received Donation and other income recognised when received. • Tuitions Fee income 15 recognised then entitlement has o¢curied. Grants for Immediate expenditure ale accounted for when they become rece1vatsle. Grants l Donaton restricted to future accounting period are deferred and reco9nised in those peiiod5. Grants l Donation lor spe¢ifi¢ project are treated as reslricled lo the projects clfwd for ftjlure operation. 1.3 ALLOCATION OF COST C05t$ are 211oc21ed belween ieslricled and unreslricled fund according to the terms of income. Where items expended are mixed. they 8re apportioned between the ¢alegori&s according to the Incotne they relate to as well as using best possible professional judgements. 1.4 SUPPORT COST Support cost5 are those lun¢lions that a5SiSt Ihe work ol the chaiity but do nol directly undertake charitable activitses. Suppori ¢osts include back office costs, linance, personnel. payroll and 9overnance costs which suppori the Trusts programmes and activities. These ¢osts have been allocated between ¢osl of raising funds and expenditure on charitable a¢livilies. 1.5 TANGI8LE FIXED ASSETS AND DEPRECIATION Fixed gs8ets for the charity use 8re capilalised al cost. They are Stated In ltte accounts at cost less depreciation. Depfecialion is calculated lo write off the cost less Iheir estimated residual value. over their expected useful lives on e following bases Fuinilure, Fi%ture and Equipment's 20% on cost. 1.6 FUNDS Unreslii¢led funds are available for use al the discretion of the Iru5tees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds Comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use ol each designated fund 15 set out In the notes lo the financial 5taternenls. RestiitleLI lunds ar8 funds which are to be used in accordance with specific reslri¢lions imposed by donors or which have been raised by the Charity lor particular purposes. The cost of iaising and administering such funds afe ch2rged against the spe¢ifi¢ fund. The aim and use of each restiicled fund is Set oul in the notes lo the financial statements. Page-7
LONDON EDUCATION TRUST Notes to tlie financial statements for the year ended 30 September 2024 1.8 Going concern Al the time of approving the 3CCOLints, the trustees have a reasonable expÈ¢talion Ihal the charity had adequ81e IEsour¢es lo continue In operational existance for the for8Eeablo futuré. Thus the INCOMING RESOURCES The Incoming resources and surplus are atliibulable to the princip81 activities ol Ihe charity. INCOME SUMMARY VOLLINTAR Y INCOME Unrestri¢led Reslricled 2024 2023 Fees and Donation collec1On JRS- grants Total lllcome EXPENSES SUMMARY 232.716 232,716 187,452 27 232.716 232,716 187,479 CHARITABLE ACTIVITIES COST un[estrcle Reslri¢led 99.834 44,438 1.381 3,527 933 415 Renl and Servi ch8rges Wages and Salary Events, gifts and prizes Prinlinglposlagelphotocopying Telephonellnlernel Repair, Mainlensnce and Cleaning staff training Legal and professional Teacher Hire Educational Supplies Travelling and refreshment 2024 99,834 44,438 1,381 3.527 933 415 2023 54.054 39,566 2.1B5 4,672 1.241 1,246 7.117 2,157 9.568 8,199 925 27231 13.342 925 27.231 13,342 192.025 192,025 130,004 GOVERNANCE COST Unreslri¢led Reslricled 2024 2023 Rent and service ¢haiges Wages 8nd Salary Accountancy Legal & Professional Fees 6,240 2,777 1.560 925 11.502 6,240 2.777 1,560 925 11.502 3.378 2,473 1,260 2,157 9,268 SUPPORT COST Unrestricted Restrided 2024 2023 Rent an(J service ¢harges W8ges snd SalaFy TelephonellnternÈl PrinlinglPoslagelpholo¢opying Repair, Maintenance 2nd Cleanin9 Staff training Advert & Publicity Charitable don81ions15ubscription Bank Charges Sundries Depreciation on FF & Equipment's 18.719 8,332 233 1.176 415 18.719 8,332 233 1,176 415 10.135 7,419 310 1.557 1,246 791 120 421 221 373 1,566 24,159 169 169 641 1,566 31,261 641 1.586 31,261 Total Expenses 234,788 234,788 163,431 Page-8
LONDON EDUCATION TRUST Notes to the fSnaneial statements for the year ended 30 SeptembÈr 2024 7 STAFF EMOLUMENTS 2024 2023 Wages anct salaries per payroll 55.547 49.457 55.547 49.457 Direct Charitable W39QS Non Direct Charitable Wages 44.438 11.109 55.547 37.001 12.456 49.457 Avg No of employees." Admin Avg No tsl employees.. Diiecl Employees paid in excess of £60,000 during the current year None None No Rernuneration was paid to any trustees or theii. associates during the period ended 30.09.2024 nor Ihe period ended 2023. 8 TANGIBLE FIXED ASSETS.. Fixtur8. Fixture & Equipment's Total Cost. Cost blfwd Addition 41,606 41,606 41,606 41.606 Deprecialion-. Charges bld Charge for the year 36,90g 1,566 38,475 36.909 1.566 38,475 Net Book Value A5 al 30 September 2024 As at 30 Seplemb&f 2023 3,131 4.697 3,131 4,697 9 AMOUNT FALLING DUE WITHIN ONE YEAR 2024 2023 Accruals PAYE liabilities Pension 145 42 187 68 68 10 MOVEMENT IN FUNDS.. Unrestricted Fund Restricted Fund Grand Total AS al 1 October 2023 23,703 12.0721 23,703 12,0721 Curient year Current year transfer As al 30 Seplernber 2024 £21.631 £21,631 11 TAXATION The &ntily is a registered Charity and does not undertake non-chaiitsble activities and ale entitled for 18x exernption by the Inland Revenu8. Page-9
LONDON EDUCATION TRUST NtslÈs to the financial Statements for the year Ènded 30 September 2024 12 POST BALANCE SHEET EVENTS Theie were no signili¢3nl post balance sheet events 13 TRANSACRTION WITH TRUSTEES There were no Iransaclions with the Iru51ees during the yeai. 14 CONTINGENT LIABILITIES The charity had no conlingenl Iiabililie5 as al 30 Seplernber 2024 nor al 30 September 2023. 15 RELATED PARTIES TRANSACTION There were no disclose 8ble lated party transactions during the year. 16 GIFTS IN KIND AND VOLUNTEERS During the year the charity beneliled frorn unpaid work performed by volunteers. Page- 10