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← Zeenatul Quran

2024-12-31-accounts

CHARITY REGISTRATION NUMBER 1146508 ZEENATUL QURAN

FINANCIAL STATEMENTS 31 DECEMBER 2024

ZEENATUL QURAN

FINANCIAL STATEMENTS PERIOD TO 31 DECEMBER 2024 CONTENTS PAGE

Trustees Annual Report 1-4
Independent Examiners Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes 8-10

ZEENATUL QURAN

TRUSTEES ANNUAL REPORT PERIOD TO 31 DECEMBER 2024

The Trustees have pleasure in presenting their report and the unaudited financial statements of the Charity for the period to 31 DECEMBER 2024.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name ZEENATUL QURAN Other Working Name INTER AID UK

CHARITY REGISTRATION number 1146508

Registered office: 98 REVIDGE ROAD, BLACKBURN, BB2 6JQ

THE Trustees

The Trustees who served the charity during the period were as follows: FARUK PATEL MAMUN AHMED ABDULLAH AZAM (appointed 12/12/2024) ABDUL GAFUR AHMED (resigned 12/12/2024)

Charity Accountants

Fusion Accounting Ltd 398A East Park Road, Leicester, LE5 5HH

Independent Examiners

Ryalls HMB Limited 97 Evington Drive, Leicester, Leicestershire, LE5 5PH

STRUCTURE, GOVERNANCE AND MANAGEMENT

ZEENATUL QURAN is a charitable association governed by its CONSTITUTION adopted 03/06/2011 AS AMENDED on 05/12/2011 AS AMENDED on 01/12/2017, and was registered with the Charity Commission on 22/03/2012.

OBJECTIVES AND ACTIVITIES

The objectives of the organisation, as set out in its governing document are:

(1)

The advancement of the religion of Islam for the public benefit by such means as the trustees decide including the dissemination of Islamic teachings and provision of facilities for Islamic study and worship.

(2)

The advancement of education and training for the public benefit.

(3)

The promotion of religious harmony for the public benefit by:

A) educating the public in different religious beliefs including an awareness of their distinctive features and their common ground to promote good relations between persons of different faiths.

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ZEENATUL QURAN TRUSTEES ANNUAL REPORT (continued) PERIOD TO 31 DECEMBER 2024

OBJECTIVES AND ACTIVITIES (continued)

B) promoting knowledge and mutual understanding and respect of the beliefs and practices of different religious faiths.

(4)

The advancement in life of young people in particular by providing teachings in morals, values and personal development, to enable them to participate in society as mature and responsible individuals.

(5)

To relieve financial hardship, distress and suffering among orphans, widows, poor people, victims of natural disasters and other people in need by means of, but not exclusively, making grants or loans for providing or paying for items, equipment, services and facilities, including the provision of food, clean water, clothing, medicines and accommodation for the benefit of the said persons.

ACHIEVEMENTS AND PERFORMANCE

During the period, the charity had undertaken a multitude of projects to benefit the public in the UK and abroad.

In the UK, the charity continued to provide the Islamic education classes for 150 children including the Quran recitation classes.

Abroad, the charity:

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ZEENATUL QURAN TRUSTEES ANNUAL REPORT (continued) PERIOD TO 31 DECEMBER 2024

ACHIEVEMENTS AND PERFORMANCE (continued)

The above activities have allowed the charity to alleviate financial hardship for those in need and to advance Islam for public benefit. The trustees have had due regard to the public benefit guidance of the charity commission and confirm that they are delivering public benefit.

PUBLIC BENEFIT STATEMENT

The trustees have considered the general guidance on public benefit issued by the Charity Commission and has taken due regard of that guidance. The trustees consider that they are satisfied that the charity’s activities do benefit the public as it is advancing Islam for public benefit and relieving financial hardship in meeting an identifiable need. The trustees have benefitted many individuals and families and has helped them to fulfil their religious needs and meet their basic needs to sustain life.

FINANCIAL REVIEW

The trustees secured income of £539,348 during the period. The expenditure during the period (mainly grants and charitable expenditure) was £575,647. This generated a deficit of £36,299 which was met with prior year surpluses. At the end of the period the charity held £55,489 in unrestricted reserves which will be used for future charitable expenditure.

PLANS FOR FUTURE PERIODS

Future plans are to continue to run the Islamic education classes and to secure further donations to for humanitarian projects around the world.

ZEENATUL QURAN TRUSTEES ANNUAL REPORT (continued) PERIOD TO 31 DECEMBER 2024

RESPONSIBILITIES OF THE TRUSTEES

The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. The trustees 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.

APPROVAL

The report was approved by the Trustees on 10/10/2025

And signed on their behalf by

(Molana) Faruk Patel Chairman & Trustee

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ZEENATUL QURAN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF I report to the charity trustees on my examination of the accounts of the Charity for the year ended 30th DECEMBER 2024. Responsibilltles and basls of roport The charitvs trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ('the Charities Act.) and that an independent examination is sufficient for extem81 scrutiny. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145{5>{b) of the Charities Act, and to state whether particular matters have come to my attention Basis of Ondopendent examIne￿S ststsmont My examination was carried out in accordan￿ with general Directions given by the Charity Commission. 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 indude8 consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees conceming any such matters. The prO￿dUreS undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as lo whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statement below. Indopondont examlnerfs statsment In connection with my examination. no material matters have come to my attention which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charilies Act; or the accounts did not accord with the accounting records. or the accounts did not comply with the applicable requirements concerning the fomi and content of accounts set oul in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. SL5* Zubair Sidat FCCA Ryall HMB Limited 1011012025

ZEENATUL QURAN

STATEMENT OF FINANCIAL ACTIVITIES (SOFA) PERIOD TO 31 DECEMBER 2024

Total Funds
Unrestricted Restricted Period to Total
Funds
 Funds 31 Dec 24 30 Jun 23
Note £ £ £ £
INCOME from
donations and legacies
4		 285,323 159,525 444,848 178,167
charitable activities
5		 94,500 94,500 63,000
other trading activity
Investment income
Other income
Total 379,823 159,525 539,348 241,167
EXPENDITURE
on raising funds 15,125 - 15,125 1,151
charitable activities 6 400,997 159,525 560,522 198,210
other expenditure - - - -
Total 416,122 159,525 575,647 199,361
Net Income before Tax (36,299) - (36,299) 41,806
Tax payable - - -
Net income after Tax (36,299) - (36,299) 41,806
Net gains/losses on assets

NET INCOME		 (36,299) - (36,299) 41,806
Transfers between funds
- - - -
Net movement in funds
- - - -
Reconciliation of funds
Total funds brought forward 91,788 - 91,788 49,982
Total funds carried 55,489 - 55,489 91,788
forward

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ZEENATUL QURAN BALANCE SHEET PERIOD TO 31 DECEMBER 2024

Total Funds Total Funds
Unrestricted Restricted Unrestricted Restricted Period to Total
Funds
Funds		 Funds 31 Dec 24 30 Jun 23
Note £
£		 £ £ £
FIXED ASSETS
Tangible fixed assets 2 2,771 2,771 2,771 3,917
CURRENT ASSETS

Cash in hand and bank
Cash in hand and bank		 22,757 - 22,757 22,757 87,871
Debtors Debtors 30,381 - 30,381 30,381 -
Total Total 53,138 - 53,138 53,138 87,871

LIABILITIES
Creditors falling due within Creditors falling due within
7		 420 - 420 420 -
one year one year

Net current assets
Net current assets

Total assets less current
Total assets less current		 52,718 52,718 87,871
liabilities liabilities

Total Net Assets		 55,489 55,489 91,788
The funds of the charity
Unrestricted funds Unrestricted funds 55,489 55,489 91,788
Restricted funds Restricted funds - - -

Total
Total		 55,489 55,489 91,788

These accounts were approved by the Trustees on 10/10/2025

And signed on their behalf by

Molana Faruk Patel Chairman & Trustee

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ZEENATUL QURAN

NOTES TO THE FINANCIAL STATEMENTS PERIOD TO 31 DECEMBER 2024

1. ACCOUNTING POLICIES

a) Basis of accounting

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011.

The new accounting policies are relevant to the size and nature of the charity's income for the period. The prior year accounts were based on a receipts and payments basis and are stated on an accrual basis in the comparison column for prior year. The change of accounting format was needed due to the increase of income beyond £250,000.

The change in accounting policy has only resulted in minor non-material differences arising. As such no requirement to restate prior or current year figures has arisen.

The charity constitutes a public benefit entity as defined by FRS 102.

b) Fund accounting

Unrestricted funds are general funds that are available for use at the trustees' discretion in furtherance of any of the objectives of the charity.

Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose and the restriction means that the funds can only be used for specific projects or activities.

c) Incoming resources

Voluntary income, including donations, gifts and legacies and grants that provide core funding or are of a general nature, are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.

Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract or where entitlement to grant funding is subject to specific performance conditions. Grant income included in this category provides funding to support programme activities and is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.

d) Resources expended

Expenditure is recognised when a liability is incurred. Funding provided through contractual agreements and performance related grants are recognised as goods or services are supplied. Other grant payments are recognised when a constructive obligation arises that results in the payment being an unavoidable commitment.

Costs of raising funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.

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ZEENATUL QURAN

NOTES TO THE FINANCIAL STATEMENTS (continued) PERIOD TO 31 DECEMBER 2024

2. TANGIBLE FIXED ASSETS

. TANGIBLE FIXED ASSETS
Land & Property Fixtures & Total
Equipment
Cost as at 01 July 2023 - 3,917 3,917
Additions - 572 572
Disposals - - -
Depreciation charge (20%) - 1,718 1,718
As at 31 Dec 2024 - 2,771 2,771

3. Staff Disclosures

Total number of staff employed or contracted under a service contract during the period is 16. No staff received remuneration above £60,000 during the period.

4. INCOME from donations and legacies

Unrestricted Restricted Total
£ £ £
Donations 230,915 159,525 390,440
Gift Aid 54,408 - 54,408
TOTAL 285,323 159,525 444,848
m charitable activities
Unrestricted Restricted Total
£ £ £
Charitable activities 94,500 - 94,500
TOTAL 94,500 - 94,500

5. INCOME from charitable activities

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ZEENATUL QURAN

NOTES TO THE FINANCIAL STATEMENTS (continued) PERIOD TO 31 DECEMBER 2024

6. EXPENDITURE Charitable activities

Unrestricted Restricted Total

£ £ £
Grants 295,671 159,525 455,196
Staff Costs 63,005 - 63,005
Premises Costs 18,707 - 18,707
Project Travel Costs 6,136 - 6,136
Postage, Stationery & Books 4,098 - 4,098
Utility Costs 3,826 - 3,826
Telephone & Website Costs 2,058 - 2,058
Depreciation 1,718 - 1,718
Accounting Costs 1,670 - 1,670
Bank Charges 1,517 - 1,517
Student Prizes & Catering Costs 1,424 - 1,424
Equipment & Software 730 - 730
Sundry Costs 437 - 437
TOTAL 400,997 159,525 560,522

7. Debtors

£ HMRC Gift Aid 30,381 ======= TOTAL 30,381

8. LIABILITIES: Amounts falling due within one year

£
Trade creditors
Accounts Examination Fees for 2024 420
=====
TOTAL 420

8. CONNECTED PARTY TRANSACTIONS

F Patel (trustee) received remuneration of £19,300 over the 18 months period for services rendered under a service contract to the charity during the period.

A connected party to F Patel (trustee) received remuneration for services rendered as a teacher with consent from the Charity Commission totalling £6,478 during the period.

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