TURATH SCHOLARSHIP FUND
26 Woodfield Avenue London SW16 1LG
REGISTERED CHARITY NO. 1138153
ACCOUNTS
FOR THE PERIOD ENDED 30th APRIL 2025
TaxAssist Accountants
Chartered Certified Accountants
288a Gloucester Road, Horfield, Bristol BS7 8PD
Telephone 0117 370 0016
TURATH SCHOLARSHIP FUND
| CONTENTS | |
|---|---|
| Page | |
| Contents | 2 |
| Independent Examiner's Report | 3 |
| Trustees Report | 4-5 |
| Income and Expenditure Account | 6 |
| Balance Sheet | 7 |
| Notes to the financial statements | 8 |
TURATH SCHOLARSHIP FUND
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
I report on the accounts of the above charity for the period ending 30 April 2025, which are set out on pages 3 to 4.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the general directions given by the Charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINERS REPORT
My 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 seeking 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, I do not express an audit opinion on the view given by the accounts.
INDEPENDENT EXAMINER'S STATEMENT
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect of the requirements to keep accounting records in accordance with section 41 of the Act and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met.
Awais Tariq FCCA
TaxAssist Accountants Chartered Certified Accountants 288A Gloucester Road Horfield Bristol BS7 8PD
Our Ref: TUR002
Date: 27th April 2026
Page 3 of 8
TURATH SCHOLARSHIP FUND
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2025
The trustees present their report with the financial statements of the charity for the year ended 30 April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Aims
The key objectives of the charity are summarised as follows:
- TSF is an educational charity which aims to develop and facilitate young Muslims in the key skills and knowledge required to help deal with the challenges facing UK Muslims.
Objectives
The key objectives of the charity are summarised as follows:
In pursuing our objectives during the financial year ending 30th April 2025 the organisation was engaged in running the following activities:
-
Provide financial help to individuals across the UK who have a clear proposal indicating a
-
1 specific development need.
-
2 Provide mentoring and bespoke careers advice
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Facilitate networking with scholars, community leaders, heads of Muslim organisations and
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3 Islamic Seminaries from across the country
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
Turath Scholarship Fund is registered with the Charity commission (Registration Number 1138153) and constituted by the deed of trust.
Organisational Structure
The Charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits. The trustees meet together as a body quarterly and are responsible for all decisions taken in relating to running the organisation facilities and the activities provided by the charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1138153 Principal address 26 Woodfield Avenue London SW16 1LG
Trustees
Mr Yahya Batha-Chair Dr Imran Satia Abdul-Kader Suleman
Independent examiner
TaxAssist Accountants Chartered Certified Accountants 288A Gloucester Road Horfield Bristol BS7 8PD
Page 4 of 8
TURATH SCHOLARSHIP FUND
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2025
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), .
In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-
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prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
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select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
This report was approved by the board of trustees on 27th April 2026
Yahya Batha Chair
Page 5 of 8
TURATH SCHOLARSHIP FUND
Income and Expenditure account
Period ended 30th April 2025
==> picture [447 x 303] intentionally omitted <==
----- Start of picture text -----
2025 2025 2024
£ £ £
Incoming Resources
Donations 30,594 19,021
Gift Aids 10,238
Total Incoming Resources 40,832 19,021
Resources Expended
Direct Charitable expenditure
Accountancy Fee 720 175
Bank Charges 60 60
Grants 41,136 3900
41,916 4,135
Total Resources Expended (41,916) (4,135)
Net incoming resources (1,084) 14,886
----- End of picture text -----
Page 6 of 8
TURATH SCHOLARSHIP FUND
BALANCE SHEET AS AT 30th APRIL 2025
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| NET | NET | ||
| NON CURRENT ASSETS | |||
| Assets | - | - | |
| CURRENT ASSETS | |||
| Balance at Bank | 14,522 | 15,061 | |
| Cash in hand | - | - | |
| 14,522 | 15,061 | ||
| CURRENT LIABILITIES | |||
| Sundry Creditors & Accruals | 720 | 175 | |
| 720 | 175 | ||
| Net Current Liabilities | 13,802 | 14,886 | |
| 13,802 | 14,886 | ||
| FINANCED BY: CAPITAL ACCOUNT |
|||
| Balance b/fwd at commencement Add : Net Surplus for the year |
14,886 (1,084) |
- 14,886 |
|
| 13,802 | 14,886 |
We approve these accounts and confirm that we have made available all relevant records and information for their preparation.
Yahya Batha For and on behalf of Turath Scholarship Fund
Page 7 of 8
TURATH SCHOLARSHIP FUND
Notes to the financial statements
| TURATH SCHOLARSHIP FUND Notes to the financial statements |
|
|---|---|
| Period ended 30th April 2025 1 Donations Lillah Gift aid Total Donations |
2025 2024 £ £ 30,594 30,594 10,238 - 40,832 30,594 |
1 |
2 Trustee / board members expenses
No member of the board or trustee nor any person connected with them has received or is due to receive any remuneration for the period, directly or indirectly from the charity's fund.
Page 8 of 8