REGISTERED CHARITY NUMBER: 1142064
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 May 2025
for
MAAHAD NEIGHBOURHOOD NURSERY
SKM Chartered Accountants Pegasus House 5 Winckley Court Mount Street Preston Lancashire PR1 8BU
MAAHAD NEIGHBOURHOOD NURSERY
Contents of the Financial Statements FOR THE YEAR ENDED 31 MAY 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Statement of Financial Activities | 2 | ||
| Balance Sheet | 3 | ||
| Notes to the Financial Statements | 4 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
MAAHAD NEIGHBOURHOOD NURSERY
Report of the Trustees FOR THE YEAR ENDED 31 MAY 2025
The trustees present their report with the financial statements of the charity for the year ended 31 May 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 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1142064
Principal address
53 Fishwick Parade Preston Lancashire PR1 4XR
Trustees
S Y Umar Z Desai E Desai
Approved by order of the board of trustees on 17 February 2026 and signed on its behalf by:
S Y Umar - Trustee
Page 1
MAAHAD NEIGHBOURHOOD NURSERY
Statement of Financial Activities FOR THE YEAR ENDED 31 MAY 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 65,001 Charitable activities Provision of Services 135,658 Total 200,659 EXPENDITURE ON Charitable activities Provision of Services 61,961 Management and Administration 19,933 Total 81,894 NET INCOME 118,765 RECONCILIATION OF FUNDS Total funds brought forward 21,987 TOTAL FUNDS CARRIED FORWARD 140,752 |
2024 Total funds £ 1 80,508 |
|---|---|
| 80,509 | |
| 63,523 11,169 |
|
| 74,692 | |
| 5,817 16,170 |
|
| 21,987 |
The notes form part of these financial statements
Page 2
MAAHAD NEIGHBOURHOOD NURSERY
Balance Sheet 31 MAY 2025
| 2025 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 5 103 CURRENT ASSETS Debtors 6 1,466 Cash at bank and in hand 167,420 168,886 CREDITORS Amounts falling due within one year 7 (28,237) NET CURRENT ASSETS 140,649 TOTAL ASSETS LESS CURRENT LIABILITIES 140,752 NET ASSETS 140,752 FUNDS 8 Unrestricted funds 140,752 TOTAL FUNDS 140,752 |
2024 Total funds £ 153 1,278 104,646 105,924 (84,090) 21,834 21,987 21,987 21,987 21,987 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 17 February 2026 and were signed on its behalf by:
S Y Umar - Trustee
The notes form part of these financial statements
Page 3
MAAHAD NEIGHBOURHOOD NURSERY
Notes to the Financial Statements FOR THE YEAR ENDED 31 MAY 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer Equipment - 33% reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
continued...
Page 4
MAAHAD NEIGHBOURHOOD NURSERY
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MAY 2025
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 May 2025 nor for the year ended 31 May 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 May 2025 nor for the year ended 31 May 2024.
3. STAFF COSTS
The average monthly number of employees during the year was as follows:
4.
| Average Number of Employees No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Provision of Services Total EXPENDITURE ON Charitable activities Provision of Services Management and Administration Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2025 2024 7 - Unrestricted fund £ 1 80,508 80,509 63,523 11,169 74,692 5,817 16,170 21,987 |
2025 2024 7 - Unrestricted fund £ 1 80,508 80,509 63,523 11,169 74,692 5,817 16,170 21,987 |
|---|---|---|
| 80,509 | ||
| 63,523 11,169 |
||
| 74,692 | ||
| 5,817 16,170 |
||
| 21,987 |
Page 5
continued...
MAAHAD NEIGHBOURHOOD NURSERY
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MAY 2025
| 5. TANGIBLE FIXED ASSETS COST At 1 June 2024 and 31 May 2025 DEPRECIATION At 1 June 2024 Charge for year At 31 May 2025 NET BOOK VALUE At 31 May 2025 At 31 May 2024 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Taxation and social security Other creditors 8. MOVEMENT IN FUNDS At 1/6/24 £ Unrestricted funds General fund 21,987 TOTAL FUNDS 21,987 |
2025 £ 1,466 2025 £ 1 77 28,159 28,237 Net movement in funds £ 118,765 118,765 |
Computer equipment £ 1,696 1,543 50 1,593 103 153 2024 £ 1,278 2024 £ 214 32 83,844 84,090 At 31/5/25 £ 140,752 140,752 |
|---|---|---|
Page 6
continued...
MAAHAD NEIGHBOURHOOD NURSERY
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MAY 2025
8. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 200,659 200,659 At 1/6/23 £ 16,170 16,170 |
Resources Movement expended in funds £ £ (81,894) 118,765 (81,894) 118,765 Net movement At in funds 31/5/24 £ £ 5,817 21,987 5,817 21,987 |
Resources Movement expended in funds £ £ (81,894) 118,765 (81,894) 118,765 Net movement At in funds 31/5/24 £ £ 5,817 21,987 5,817 21,987 |
Resources Movement expended in funds £ £ (81,894) 118,765 (81,894) 118,765 Net movement At in funds 31/5/24 £ £ 5,817 21,987 5,817 21,987 |
|---|---|---|---|---|
| 118,765 | ||||
| At 31/5/24 £ 21,987 21,987 |
||||
| 21,987 |
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 80,509 | (74,692) | 5,817 |
| TOTAL FUNDS | 80,509 | (74,692) | 5,817 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1/6/23 £ 16,170 16,170 |
Net movement in funds £ 124,582 124,582 |
At 31/5/25 £ 140,752 |
|---|---|---|---|
| 140,752 |
continued...
Page 7
MAAHAD NEIGHBOURHOOD NURSERY
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MAY 2025
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 281,168 281,168 |
Resources Movement expended in funds £ £ (156,586) 124,582 (156,586) 124,582 |
|---|---|---|
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 May 2025.
Page 8
MAAHAD NEIGHBOURHOOD NURSERY
Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 MAY 2025
| INCOME AND ENDOWMENTS Donations and legacies Gifts Donations Charitable activities Student Fees Total incoming resources EXPENDITURE Charitable activities Wages Purchases Computer equipment Support costs Management Rent Rates and water Insurance Light and heat Telephone Postage and stationery Sundries Repairs and Maintenance Donations Training Governance costs Accountancy and legal fees Total resources expended Net income |
2025 £ 1 65,000 65,001 135,658 200,659 59,088 1,620 51 60,759 10,000 1,502 338 2,575 1,214 806 341 340 1,250 861 19,227 1,908 81,894 118,765 |
2024 £ 1 - |
|---|---|---|
| 1 80,508 |
||
| 80,509 50,675 1,733 76 |
||
| 52,484 10,000 867 978 3,092 1,132 143 401 1,261 1,500 818 |
||
| 20,192 2,016 |
||
| 74,692 | ||
| 5,817 |
This page does not form part of the statutory financial statements
Page 9