Trustees' Annual Report for the period
Period start date Period end date Day Month Year Day Month Year From 01 02 2022 To 31 07 2023
Section A Reference and administration details
Charity name
IQRA AID TRUST
Other names charity is known by
Registered charity number (if any) 1137052 Charity's principal address 22 ESSEX ROAD LEICESTER Postcode LE4 9EE ~~——~~ Names of the charity trustees who manage the charity Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any) 1[FAROOK ] SUBEDAR 2[ABDUL RAZAK ] OSMAN 3 YUSUF CHOTHIA 4 5 6 7 8 Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year ~~—————~~ Names and addresses of advisers (Optional information) Type of adviser Name Address ~~=——————~~ Name of chief executive or names of senior staff members (Optional information) ~~ee~~
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Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
TRUST DEED
- (eg. trust deed, constitution)
How the charity is constituted
CHARITABLE TRUST
- (eg. trust, association, company)
TRUSTEE MAJORITY Trustee selection methods
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
-
policies and procedures adopted for the induction and training of trustees;
-
the charity’s organisational structure and any wider network with which the charity works;
-
relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
(1)
TO ADVANCE THE EDUCATION OF THE PUBLIC, PARTICULARLY, BUT NOT EXCLUSIVELY, THE ORPHANS AND THE POOR AND NEEDY IN THE UK AND ABROAD, BY MEANS OF, BUT NOT EXCLUSIVELY, THE PROVISION OF PRIMARY, SECONDARY AND HIGHER EDUCATIONAL PROGRAMMES AND FACILITIES, SUCH AS SCHOOLS, COMMUNITY LEARNING PROGRAMMES, TUITION CLASSES AND SCHOLARSHIPS;
(2)
Summary of the objects of the charity set out in its governing document
TO RELIEVE FINANCIAL HARDSHIP, DISTRESS AND SUFFERING AMONG POOR PEOPLE, ORPHANS, VICTIMS OF NATURAL DISASTERS AND OTHER PEOPLE IN NEED, BY MEANS OF, BUT NOT EXCLUSIVELY, MAKING GRANTS FOR PROVIDING OR PAYING FOR ITEMS, EQUIPMENT, SERVICES AND FACILITIES, INCLUDING THE PROVISION OF FOOD, WATER, CLOTHING, MEDICAL TREATMENT, REHABILITATION, AND ACCOMMODATION FOR THE SAID PERSONS;
(3)TO DEVELOP THE SKILLS AND CAPACITY OF MEMBERS OF THE SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITY OF THE AREA OF BENEFIT IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY AND HELP MEET THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY;
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(4)
TO PROMOTE ANY OTHER CHARITABLE PURPOSE FOR THE BENEFIT OF THOSE IN NEED THAT THE TRUSTEES FROM TIME TO TIME DETERMINE.
DURING THE PERIOD, THE TRUSTEES DELIVERED MULTIPLE PROJECTS THAT BENEFITTED THE NEEDY AND ADVANCED ISLAM IN MALAWI, INDIA, TURKEY AND SYRIAN REFUGEES, INCLUDING:
-
TURKEY EARTHQUAKE RESPONSE – BENEFTTING OVER 100 NEEDY PEOPLE WITH FOOD, TENTS AND BLANKETS
-
MALAWI FLOOD RESPONSE
Summary of the main activities undertaken for the OVER 100 QURBANIS COMPLETED public benefit in relation to these objects (include within this section the statutory declaration that trustees SUPPORT FOR MOSQUE REFURBISHMENT have had regard to the guidance issued by the UNIFORM COSTS FOR SCHOOL CHILDREN Charity Commission on public benefit)
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SUPPORT FOR MADRASSA RUNNING COSTS
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SUPPORT FOR MOSQUE REFURBISHMENT
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UNIFORM COSTS FOR SCHOOL CHILDREN
-
HARDSHIP GRANTS FOR SAFE ACCOMODATION FOR THE POOR
-
FOOD PACKS DISTRIBUTION BENEFITTING OVER 300 PEOPLE
THE TRUSTEES HAVE HAD DUE REGARD TO THE GUIDANCE OF THE CHARITY COMMISSION ON PUBLIC BENEFIT AND ARE SATISFIED THAT THEY ARE ACTING IN ACCORDANCE WITH THAT GUIDANCE AND ARE MAKING A REAL DIFFERENCE FOR THE BENEFIT OF THE PUBLIC.
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
-
policy on grantmaking;
-
policy programme related investment;
-
contribution made by volunteers.
Section D Achievements and performance
DURING THE PERIOD, THE TRUSTEES DELIVERED MULTIPLE Summary of the main PROJECTS THAT BENEFITTED THE NEEDY AND ADVANCED ISLAM achievements of the charity IN MALAWI, INDIA, TURKEY AND SYRIAN REFUGEES, INCLUDING: during the year
- TURKEY EARTHQUAKE RESPONSE – BENEFTTING OVER 100 NEEDY PEOPLE WITH FOOD, TENTS AND BLANKETS
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Section D Achievements and erformance p
-
MALAWI FLOOD RESPONSE
-
OVER 100 QURBANIS COMPLETED
-
SUPPORT FOR MADRASSA RUNNING COSTS
-
SUPPORT FOR MOSQUE REFURBISHMENT
-
UNIFORM COSTS FOR SCHOOL CHILDREN
-
HARDSHIP GRANTS FOR SAFE ACCOMODATION FOR THE POOR
-
FOOD PACKS DISTRIBUTION BENEFITTING OVER 300 PEOPLE
Section E Financial review
THE TRUSTEES SECURED INCOME OF £41,946 OF WHICH Brief statement of the DONATIONS WERE £40,271 AND GRANTS £1,675. THE charity’s policy on reserves EXPENDITURE FOR THE YEAR WAS £39,796 WHICH ALLOWED THE CHARITY TO GENERATE A SURPLUS OF £2,150. THIS SURPLUS WILL NOT BE KEPT AS A GENERAL RESERVE BUT ADDED TO THE PRIOR YEAR SURPLUSES AND RETAINED FOR FUTURE EXPENDITURE AND LIABILITIES. Details of any funds NONE materially in deficit
THIS SURPLUS WILL NOT BE KEPT AS A GENERAL RESERVE BUT ADDED TO THE PRIOR YEAR SURPLUSES AND RETAINED FOR FUTURE EXPENDITURE AND LIABILITIES.
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
-
the charity’s principal sources of funds (including any fundraising);
-
how expenditure has supported the key objectives of the charity;
-
investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
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The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) FAROOK SUBEDAR Position (eg Secretary, Chair, TRUSTEE etc) Date 27/04/2024 ~~=~~
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Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of IQRA AID TRUST
On accounts for the year 31/07/2023 Charity no 1137052 ended (if any) Set out on pages 1-2 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/07/2023.
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed:[MSuleman ] Date: 27/04/2024 ~~Po |~~ Name: M Suleman ~~PO~~ Relevant professional Accountant qualification(s) or body (if any):
Address:
c/o Fusion Accounting Ltd
398A East Park Road, Leicester
LE5 5HH
Section B Disclosure ~~ee~~ Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
October 2018
IER
1
Give here brief details of any items that the examiner wishes to disclose .
October 2018
IER
2
| IQRA AID TRUST | 1137052 | ||
|---|---|---|---|
| Receipts andpayments accounts | |||
| For the period from |
01 February 2022 | To | 31 July 2023 |
CC16a
| Section A Receipts and payments | Section A Receipts and payments | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted funds |
Restricted funds |
Endowment funds |
Total funds | Last year | ||||||
| to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | |||||
| A1 Receipts | ||||||||||
| Donations | 40,271 | - | - | 40,271 | 15,095 | |||||
| Grants | 1,675 | - | - | 1,675 | - | |||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| - | - | - | - | - | ||||||
| Sub total(Gross income for AR) | (Gross income for AR)41,946 | - | - | 41,946 | 15,095 | |||||
| A2 Asset and investment sales, (see table). - - - - - - - - - Sub total - - - - - Total receipts 41,946 - - 41,946 15,095 ~~——————~~ |
||||||||||
| A3 Payments | ||||||||||
| Grants | 38,746 | - | - | 38,746 | 13,400 | |||||
| AccountancyFees | 1,000 | - | - | 1,000 | - | |||||
| Bank Charges | 50 | - | 50 | - | ||||||
| - | - | - | - | |||||||
| - | - | - | - | |||||||
| - | - | - | - | |||||||
| - | ||||||||||
| - | - | |||||||||
| **Sub total ** | 39,796 | - | - | 39,796 | 13,400 | |||||
| A4 Asset and investment purchases, (see table) - - - - - - - - Sub total - - - - - Total payments 39,796 - - 39,796 13,400 ~~——————~~ |
||||||||||
| Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
2,150 - - 2,150 - - - 6,919 - - 9,069 - - 9,069 ~~===~~ |
- 2,150 - 6,919 - 9,069 |
- 2,150 1,695 - 5,224 6,919 ~~>~~ |
Spreadsheet version of CC16a
Page 1
Section B Statement of assets and liabilities at the end of the period
| Unrestricted | Restricted Endowment |
|||
|---|---|---|---|---|
| Categories | Details | funds | funds funds |
|
| to nearest £ | to nearest £ to nearest £ |
|||
| B1 Cash funds | 9069.00 - - - - - - - - 9,069 - - Cash in Bank and In Hand Total cash funds ~~Se~~ |
|||
| (agree balances with receipts and payments | (agree balances with receipts and payments | |||
| account(s)) | OK | OK OK |
||
| Unrestricted | Restricted Endowment |
|||
| funds | funds funds |
|||
| Details | to nearest £ | to nearest £ to nearest £ |
||
| B2 Other monetary assets | - - - - - - - - - - - - - - - - - ~~—__-~~ |
|||
| B3 Investment assets | Fund to which asset belongs Cost (optional) Current value (optional) - - - - - - - - - - Details ~~—=——~~ |
|||
| B4 Assets retained for the charity’s own use |
Fund to which asset belongs Cost (optional) Current value (optional) - - - - - - - - - - - - - - - - Details ~~aa~~ |
|||
| Fund to which | Amount due When due |
|||
| Signed by one or two trustees on behalf of all the trustees B5 Liabilities |
liability relates (optional) (optional) Unrestricted 2,200 - - - - Date of approval 27/04/2024 Print Name FAROOK SUBEDAR Signature Accountancy and Professional charges Details ~~Page 2~~ ~~Spreadsheet ve~~r~~sion of CC16a~~ ~~mi~~ |