Alm in ITr
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Almadina Educational Trust
Trust Information at 31 July 2023
Trustees
Registered Office
Bankers
Charity Number:
Mr Mohammed Roomi Mr Fareed Nasir Muhammad Yusuf
11 Greenwood Street Rochdale OL11 1QZ Barclays Bank Yorkshire Street Rocdale
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1146614
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Almadina Educational Trust
Charity Number 1146614
FINANCIAL STATEMENT FOR THE
YEAR ENDED 31 July 2023
Accountants
A . N & CO Accountants
& Tax Consultants 128A Spotland Road Rochdale OL12 6PJ
REGISTERED OFFICE
11 Greenwood Street Rochdale OL11 1QZ
Almadina Educational Trust Financial Statement COMPANY NUMBER 1146614 FINANCIAL STATEMENT FOR THE YEAR ENDED 31 July 2023
INDEX TO ACCOUNTS
| CONTENTS | PAGE NO. |
|---|---|
| INDEPENDENT EXAMINAR'S REPORT | 2 |
| REPORT OF THE TRUSTEES | 3 |
| PROFIT & LOSS ACCOUNT | 4 |
| BALANCE SHEET | 5 |
| NOTES TO THE ACCOUNTS | 6 - 7 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Trading and Profit and Loss Account. |
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Almadina Educational Trust Registered Charity No. 1146614
Anuual report and financial statments for the year ended 31 July 2023
Independent examiner's report to the trustees of Almadina Educational Trust
I report on the accounts of the company for the year ended 31 July 2023, which are set out on page 10 - 12.
Respective responsibilities of trustees and examiner
The Trustees are responsible for the preparation of the accounts. The trusees consider that an audit is not
required for this year under section 43(2) of the Charties Act 1993 (the 1993 Act) instead an independent examination is needed.
Having satisfied myself that the company is not subject to audit under company law and is eligible for an independent examination, it is my responsibility to:
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Examine the accounts under section 43 of the 1993 Act
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To follow the procedures laid down in the general Directions given by the Charity Commission under sectiom 43(7)nof the 1993 Act; and
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•To state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance to the General Direction set by the Charity Commission. An examination includes a review of the accounting records kept by the trust and a comparison of the accounts presented with those records. The examination also includes consideration of any unusual items or disclosures in the accounts, in addition to seeking explanations from you as trustees in regard to such matters. These procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statment
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to belive that in any material respect the requirements: to keep accounting records in accordance with section 130 of the 2011: and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 act
Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn to in order to enable a proper understanding of the accounts to be reached.
Nassar Ahmed Ghouri Consultant: FFA. FFTA. BA (Hons) Accountancy A.N & Co 128A Spotland road Rochdale OL12 6PJ
Date: April 2024
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Almadina Educational Trust Registered Charity No. 1146614
Anuual report and financial statments for the year ended 31 July 2023
Trustees Report for the year ended 31 July 2023
The Trustees, present their annual report and independently examined financial statement for the year ended 31 July 2023.
Risk Management
T he trustees have undertaken a review of the major risks to which the trust is exposed, and systems have been established to reduce those risks. Periodic review are made to ensure that the trust continues to identify and mitigate any major risk that may arise. The trustees have indentified no major risks at this point in time.
Objectives and Activities
The Charity objectives are:
• The charity's objects ("the objects are") to advance educationfor the benefits of the public in the subjects of Arabic literature,Grammar, Linguistic Arts and extra curricula education in the subjects of science, maths and English
• To advance education and to provide facilities in the interest of social welfare for recreation, leaisure time occupation, with the objective of improving the conditions of life for the residents.
In futherance of these objectives, but not otherwise - the trustee shall have the power
• to establish or secure the establishment of a community centre, and maintain/manage the manitenance of such centre, co-operating with any satutory authority, managing activities promoted by the charity in furtherance of the above objectives.
The Trustees consider that the public benefit arising from activity undertaken to advance the objects are mainly achieved by the development and increase in effectivness of the work by the trustee members and others whom the trust works with.
Trustees Responsibilities
Charity requires the trustees to perpare financial statements for each financial year which gives a fair, clear and true view of the state of the trust and the surplus or deficit of the company for that period. In preparing those financial statments the trustees have:-
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Selected suitable accounting policies and applied them consistently.
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Made judgements and estimates that are reasonable and prudent.
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Stated whether applicable accounting standards have been followed, subject to any material depatures disclosed and explained in the finsncail statments.
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Prepared the financial statements on the going concern basis.
The Trustees are responsible for keeping records which reveal with realistic accuracy the financial position of the company at any time in addition to enabling them to ensure that the financial statements comply with the charity commission They are also responsible for safeguarding the assets for the trust and hence for taking steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
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There is not relevant information of which the trust independent examiners are aware; and
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The trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant information and to establish that the examiners are aware of that information.
Charity Provisions
The accounts comply with statutory requirements, the provisions of the governing document and the Statement of Recommended Practice for Charities issued in March 2005.
Approved by the Board and signed on its behalf by:
Signed by a Director Print name Mr Mohammed Roomi Dated
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Almadina Educational Trust Financial Statement Income & Expenditure Account For the Year Ended 31 July 2023
| Year Ended | ||
|---|---|---|
| Notes | 31 July 2023 | |
| £ | ||
| Donations | 2 | 68988 |
| -------- | ||
| Gross Profit | 68988 | |
| administration cost | 61617 | |
| Distribution Expenses | ||
| -------- | ||
| Operating surplus | 3 | 7371 |
| Interst Payable | ||
| -------- | ||
| surplus/deficit | 7371 | |
| Retained surplus /deficit | 5305 | |
| -------- | ||
| surplus/deficit | 12676 | |
| ====== |
There are no recognised gains or losses other than as disclosed above.
There have been no discontinued activities or acquisitions in the current or preceding accounting period.
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| Almadina Educational Trust | Almadina Educational Trust | Almadina Educational Trust | |
|---|---|---|---|
| Financial Statement | |||
| Balance Sheet | |||
| As At 31 July 2023 | |||
| As At | |||
| Notes | 31 July | 2023 | |
| £ | £ | ||
| Fixed Assets | |||
| Tangible Assets | 6 | ||
| Current Assets | |||
| Debtors | 7 | ||
| Stock | |||
| Cash at Bank | 93615 | ||
| -------- | |||
| Total Current Assets | 93615 | ||
| Creditors | |||
| Amount falling due | |||
| within one year | 8 | 80939 | |
| -------- | |||
| 80939 | |||
| -------- | |||
| Total Assets Less Current Liabilities | 12676 | ||
| --------- | |||
| Creditors-Amount falling due | |||
| after more than one year | 9 | ||
| -------- | |||
| Net Assets | 12676 | ||
| ====== | |||
| Capital and Reserves | |||
| Called up Share Capital | 10 | ||
| Profit and Loss account | 11 | 12676 | |
| -------- | |||
| 12676 | |||
| ====== |
The financial Statement were approved br the Trustees on---------------- and sign on thair behalf
Signed Trustee
Page 6 Almadina Educational Trust Financial Statement Notes To The Accounts For the Year Ended 31 July 2023
1: Accounting Policies
Basis of Preparation
The accounts have been prepared under the historical cost convention and in accordance with the Charities Act 1993
Incoming Resources
Voluntary income donations are accounted for as received by the charity. All income is allocated to appropriate funds on the income
Tangible Fixed Assets and Depreciation
Depreciation is provided on the basis calculated to write off the cost of the assets over their expected useful lives as follows:
2: Turnover
The turnover and profit before taxation are attributed to the one principal activity of the company.
| 3: Operating surplus | 2023 |
|---|---|
| The operating surplus is stated after charging: | £ |
| Depreciation and Loss on Disposal of Tangible Fixed Assets | |
| Staff Cost (note 4) | 33682 |
| -------- | |
| 33682 | |
| ====== | |
| 4: Staff Costs | |
| 33682 | |
| -------- | |
| 33682 | |
| ====== |
Page 7 Almadina Educational Trust Financial Statement Notes To The Accounts For the Year Ended 31 July 2023
| 6: Schedule Of Fixed Assets | |||
|---|---|---|---|
| Fixture & Fitting | Total | ||
| Cost : | £ | £ | |
| As at 01/08/22 | |||
| Additions | |||
| Disposals | |||
| -------- | -------- | ||
| As At 31/07/2023 | |||
| ====== | ====== | ||
| Depreciation | |||
| As at 01/08/22 | |||
| Charge for the period | |||
| -------- | -------- | -------- | |
| As At 31/07/2023 | |||
| ====== | ====== | ====== | |
| Net Book Value | |||
| As at 01/08/22 | |||
| As At 31/07/2023 | |||
| 7: Debtors | 2023 | ||
| Sales A/C | |||
| -------- | |||
| ====== | |||
| 8: Creditors (Amount falling due within one year) | 2023 | ||
| £ | |||
| Accounting fee | |||
| Loan | |||
| Rent Arrears | 81517 | ||
| -------- | |||
| 81517 | |||
| ====== | |||
| 9: Contingent Liabilities(Amount falling due more | than one year) | ||
| £ | |||
| Bank Loan | |||
| ====== | |||
| 10: Called Up Share Capital | 2023 | ||
| Authorised: | £ | ||
| 0 Ordinary Shares of £0 each | |||
| Allotted: | |||
| 0 Ordinary Shares of £0 each | |||
| 11: surplus and deficit Account | 2023 | ||
| Retained Surplus/Deficit | 5305 | ||
| surplus/deficit for the period | 7371 | ||
| ---------- | |||
| 12676 | |||
| ======= |
Trad P&L
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Almadina Educational Trust Financial Statement Income & Expenditure Account For the Year Ended 31 July 2023
| Year Ended | ||
|---|---|---|
| Notes | 31 July 2023 | |
| £ £ |
||
| Donations | 68988 | |
| Interest | ||
| -------- | ||
| Gross Profit | 68988 | |
| Less: Overheads | ||
| Salary & NI Contributions | 33682 | |
| Rent,Rate | 15600 | |
| Heat & Light | 1118 | |
| Phone | 796 | |
| Charity Dinner | 1596 | |
| Repair & Renewal | 3947 | |
| Travel Expenses | 165 | |
| Stationery | 4713 | |
| Depreciation: | ||
| -------- | ||
| 61617 | ||
| -------- | ||
| Net surplus / (deficit) | 7371 | |
| ====== |
This page does not form part of the statutory accounts.
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