## **GHAZALI EDUCATION TRUST (UK) LIMITED**
**TRUSTEES' REPORT & FINANCIAL STATEMENT FOR THE YEAR ENDED 30 NOVEMBER 2023 CHARITY REGISTRATION NO: 1142618 COMPANY REGISTRATION NO: 07439650**
## **GHAZALI EDUCATION TRUST (UK) LIMITED**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees and Professional Advisors|1|
|Trustees Report|2 - 3|
|Independent Review|4|
|Receipts and expenditure account|5|
|Balance Sheet|6|
|Notes to the accounts|7|
## **GHAZALI EDUCATION TRUST (UK) LIMITED**
## **TRUSTEES AND PROFESSIONAL ADVISORS**
## **TRUSTEES:**
Mr. Syed Shaukat Ali Mr. Syed Aamir Mahmood Mr. Sohail Zarrar Mr. Maqsood Anwar
## **BUSINESS ADDRESS:**
66A Station Parade Barking, England IG11 8EA
## **BANKERS:**
BARCLAYS BANK 1 Churchill Place London E14 5HP
## **ACCOUNTANTS:**
Zaheer and Company 63 Kingsway Burnage Manchester M19 2LL
Page 1
## **TRUSTEES' REPORT**
The trustees (management committee members) present their Report and the Financial Statements for the year Ended 30 November 2023.
## **Status**
The Ghazali Education Trust (UK) Limited is a registered charity under the charity number 1142618. It has no taxable activities and is therefore not liable to UK taxation. It is, however, unable to reclaim VAT on expenditure incurred.
Company Registration No. 07439650 Charity Registration No. 1142618
## **Trustees**
The trustees who held office during the year were as follows:
Mr. Syed Shaukat Ali
Mr. Syed Aamir Mahmood
Mr. Sohail Zarrar
Mr. Maqsood Anwar
## **Bankers**
BARCLAYS BANK 1 Churchill Place London E14 5HP
## **Accountants**
Zaheer & Co , Registered Auditors , 63 Kingsway , Burnage, Manchester,M19 2LL
## **Auditors**
Zaheer & Co, Registered Auditors, 63 Kingsway, Burnage, Manchester, M19 2LL.
## **Principal Activities**
The objectives of the charity are the advancement of education and relief of poverty in Pakistan and in the Pakistani community in the UK. The charity has been actively pursuing these objectives.
A number of fund raising events were organised during the year, where the focus was to impact education, knowledge along with donation collection.
The trustees confirmed that their decision making and running of the charity is to provide public benefit. They have full regard to relevant guidelines issued by Charity Commission
## **Organisational Structure**
The charity is a limited company by guarantee and is not profit making. The trustees are responsible for the overall management and control of the charity.
Page 2
## **Risks**
The trustees have taken steps to establish the risks to which the charity is exposed and have put systems in place to mitigate those risks.
## **Review of the Results**
The trustees consider that the results set out on pages 5 to 7 are satisfactory. They are of the opinion that the balance on the funds is sufficient to meet any future commitments.
## **Fixed Assets**
The fixed assets are depriciated and currently there is no fixed assets
## **Trustees Responsibilities**
Charity law requires the trustees to prepare accounts for each financial year (or other accounting period) which give a true and fair view of the state of affairs of the Company and of its surplus or deficit for that year. In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonably prudent;
- prepare accounts on a going concern basis unless it is inappropriate to presume that the company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the accounts comply with the Charity Act 1993. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In preparing the above report, the trustees have taken advantage of special exemptions applicable to small companies.
Signed on Behalf of the Board:
Signed-----------------------------------------------------------Trustee
Date:-
Page 3
## **INDEPENDENT EXAMINER’S REPORT**
## **TO THE TRUSTEES OF GHAZALI EDUCATION TRUST (UK) LIMITED**
We report on the accounts of the Ghazali Education Trust (UK) Limited, registered charity number 1142618 for the accounts period ended 30th November 2023 set out on pages 5 to 7.
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER**
The charity's trustees are responsible for the preparation for the accounts. The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.
It is our responsibility to:
- examine the accounts (under section 43(3)(a) of the 1993 Act)
- to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the 1993 Act); and
- to state whether particular matters 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 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 any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
## **INDEPENDENT EXAMINER’S STATEMENT:**
In connection with our examination, no matter has come to our attention;
- (1) which gives us reasonable cause to believe that in any material respect 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; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Mr. Farroukh Zaheer (FCCA)**
## **Zaheer and Company**
Chartered Certified Accountants and Registered Auditors 63 Kingsway Burnage Manchester M19 2LL Date: Page 4
## **GHAZALI EDUCATION TRUST (UK) LIMITED RECEIPTS AND EXPENDITURES ACCOUNT FOR THE YEAR ENDED 30 NOVEMBER 2023**
|**Notes**
RECEIPTS
1
EXPENDITURES
2
NET INCOME / LOSS FOR THE YEAR
BALANCE BROUGHT FORWARD
BALANCE CARRIED FORWARD|£
£
Restricted
Un-restricted
-
118,369
-
118,369
88,299
-
88,299
-
30,070
61,176
-
91,246
**2023**|£
£
Restricted
Un-restricted
-
76,178
-
76,178
63,564
-
63,564
-
12,614
48,562
-
61,176
**2022**|
|---|---|---|
Page 5
## **GHAZALI EDUCATION TRUST (UK) LIMITED BALANCE SHEET AS AT 30 November 2023**
|**Notes**
CURRENT ASSETS
Cash at bank
3
CURRENT LIABILITIES
Creditors
4
NET CURRENT ASSETS
NET ASSETS
CAPITAL AND RESERVES
Reserves b/f
Income of receipts over expenditure for the
year|**£**
**£**
**£**
**Restricted Un-restricted**
-
114,385
-
114,385
-
23,139
-
23,139
-
91,246
-
91,246
-
61,176
-
30,070
-
91,246
**2023**|**£**
**Restricted**
-
-
-
-
-
-
-
-
-|**£**
**£**
**Un-restricted**
62,106
62,106
930
930
61,176
61,176
48,562
12,614
61,176
**2022**|
|---|---|---|---|
I approve there accounts and confirm that there trustees have made available all the information and explanations for their preparation.
Signed---------------------------------------------------------------------Trustee
Date:-
Page 6
**GHAZALI EDUCATION TRUST (UK) LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2023**
|Note: 1
Donations
Income from donations were
accounted for on a receipt basis.
Note: 2
Events Promotions
Hall booking & Catering
Travel & subsitance
Charitable expenditure
Postage, printing, and stationery
Wages & Salaries
Accountancy fees
Credit card & Bank charges
Advertising
Telephone & Internet
Other Legal and professional
Note: 3
Fast Pay
Bank Account
Note: 4
Ukim
Accruals||Restricted|Un-restricted
118,369
118,369
Un-restricted
14,000
41,900
-
150
-
27,006
930
2,245
712
413
943
88,299
**2023**
28,270
86,114
21,279
1,860
**2023**
**2023**||Restricted
|Un-restricted
76,178
76,178
Un-restricted
6,349
32,201
5,890
2,495
835
12,000
930
2,487
-
376
-
63,564
**2022**
-
62,106
-
930
**2022**
**2022**|
|---|---|---|---|---|---|---|
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-
Restricted|||-
-
Restricted
||
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-
-
-
-
-
-
-
-
-
-|||-
-
-
-
-
-
-
-
-
-
-||
Page 7