2025-04-30-accounts - M A B Charitable Trust

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REGISTERED COMPANY NUMBER: 08043568 (England and Wales) REGISTERED CHARITY NUMBER: 1147031

Report of the Trustees and

Financial Statements for the Year Ended 30 April 2025

for

M A B Charitable Trust

(A Company Limited by Guarantee)

Eccounting UK AR Business Centre 12 The Crofts Rotherham South Yorkshire S60 2DJ

M A B Charitable Trust

Contents of the Financial Statements for the Year Ended 30 April 2025

		Page
Report of the Trustees		1
Independent Examiner's Report		2
Statement of Financial Activities		3
Balance Sheet	4	to	5
Cash Flow Statement		6
Notes to the Cash Flow Statement		7
Notes to the Financial Statements	8	to	13

M A B Charitable Trust (Registered number: 08043568)

Report of the Trustees for the Year Ended 30 April 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, 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 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

08043568 (England and Wales)

Registered Charity number

1147031

Registered office

10 Severn Road Sheffield South Yorkshire S10 2SU

Trustees

A Bougara School Teacher Dr K I J Al-Ani Medical Doctor B Naas HR And Office Manager Dr A F Helmy E H Kenawy Project Manager

Company Secretary

Independent Examiner

Shoakat Zaman Eccounting UK AR Business Centre 12 The Crofts Rotherham South Yorkshire S60 2DJ

Approved by order of the board of trustees on 21 January 2026 and signed on its behalf by:

A Bougara - Trustee

Page 1

Independent Examiner's Report to the Trustees of M A B Charitable Trust

Independent examiner's report to the trustees of M A B Charitable Trust ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Financial Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and 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.

Shoakat Zaman The Institute of Financial Accountants

Eccounting UK AR Business Centre 12 The Crofts Rotherham South Yorkshire S60 2DJ

21 January 2026

Page 2

M A B Charitable Trust

Statement of Financial Activities for the Year Ended 30 April 2025

Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 767,784 Investment income 3 107,126 Total 874,910 EXPENDITURE ON Charitable activities 4 Charitable activities 583,677 Other 137,650 Total 721,327 NET INCOME/(EXPENDITURE) 153,583 RECONCILIATION OF FUNDS Total funds brought forward 830,810 TOTAL FUNDS CARRIED FORWARD 984,393	Restricted fund £ - - - - - - - - -	30.4.25 Total funds £ 767,784 107,126 874,910 583,677 137,650 721,327 153,583 830,810 984,393	30.4.24 Total funds £ 780,190 90,464 870,654 884,698 - 884,698 (14,044) 844,854 830,810

The notes form part of these financial statements

Page 3

M A B Charitable Trust (Registered number: 08043568)

Balance Sheet

30 April 2025

Notes FIXED ASSETS Tangible assets 11 CURRENT ASSETS Debtors 12 Cash at bank and in hand CREDITORS Amounts falling due within one year 13 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 15 Unrestricted funds TOTAL FUNDS	Unrestricted fund £ 259,006 5,667 755,272 760,939 (35,552) 725,387 984,393 984,393	Restricted fund £ - - - - - - - -	30.4.25 Total funds £ 259,006 5,667 755,272 760,939 (35,552) 725,387 984,393 984,393 984,393 984,393	30.4.24 Total funds £ 310,501 9,727 546,134 555,861 (35,552) 520,309 830,810 830,810 830,810 830,810

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

The notes form part of these financial statements

continued...

Page 4

M A B Charitable Trust (Registered number: 08043568)

Balance Sheet - continued

30 April 2025

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 21 January 2026 and were signed on its behalf by:

A Bougara - Trustee

K I J Al-Ani - Trustee

The notes form part of these financial statements

Page 5

M A B Charitable Trust

Cash Flow Statement

for the Year Ended 30 April 2025

Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by operating activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period	30.4.25 £ 209,138 209,138 209,138 546,134 755,272	30.4.24 £ 60,515 60,515 60,515 485,619 546,134

The notes form part of these financial statements

Page 6

M A B Charitable Trust

Notes to the Cash Flow Statement

for the Year Ended 30 April 2025

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income/(expenditure) for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Decrease in debtors Net cash provided by operations	30.4.25 £ 153,583 51,495 4,060 209,138	30.4.24 £ (14,044) 74,558 1 60,515

2. ANALYSIS OF CHANGES IN NET FUNDS

Net cash	At 1.5.24 Cash flow At 30.4.25 £ £ £
Cash at bank and in hand	546,134 209,138 755,272
	546,134 209,138 755,272
Debt
Debts falling due within 1 year	(32,540) - (32,540)
	(32,540) - (32,540)
Total	513,594 209,138 722,732

The notes form part of these financial statements

Page 7

M A B Charitable Trust

Notes to the Financial Statements

for the Year Ended 30 April 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. 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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation/amortisation is charged at following basis:

Freehold building - 2% at cost Leasehold property improvements - over lease period Plant and machinery- 25% reducing balance Fixtures and fittings - 25% reducing balance

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 8

M A B Charitable Trust

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

DONATIONS AND LEGACIES

2. DONATIONS AND LEGACIES Donations Gift aid 3. INVESTMENT INCOME Rents received 4. CHARITABLE ACTIVITIES COSTS Charitable activities 5. GRANTS PAYABLE Charitable activities 6. SUPPORT COSTS Management £ Other resources expended 132,447 Charitable activities 462,981 595,428 7. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets Other operating leases	30.4.25 £ 759,784 8,000 767,784 30.4.25 £ 107,126 Grant funding of activities Support (see note costs (see 5) note 6) £ £ 115,143 468,534 30.4.25 £ 115,143 Governance Finance costs £ £ - 5,203 5,553 - 5,553 5,203 30.4.25 £ 51,495 38,513	30.4.24 £ 780,190 - 780,190 30.4.24 £ 90,464 Totals £ 583,677 30.4.24 £ 105,076 Totals £ 137,650 468,534 606,184 30.4.24 £ 74,558 26,165

continued...

Page 9

M A B Charitable Trust

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2025 nor for the year ended 30 April 2024.

9. STAFF COSTS

Staff costs during the period were £204,798.

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 780,190 Investment income 90,464 Total 870,654 EXPENDITURE ON Charitable activities Charitable activities 884,698 NET INCOME/(EXPENDITURE) (14,044) RECONCILIATION OF FUNDS Total funds brought forward 844,854 TOTAL FUNDS CARRIED FORWARD 830,810	Restricted fund £ - - - - - - -	Total funds £ 780,190 90,464 870,654 884,698 (14,044) 844,854 830,810

continued...

Page 10

M A B Charitable Trust

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

11. TANGIBLE FIXED ASSETS

Improvements Freehold to Plant and property property machinery £ £ £ COST At 1 May 2024 and 30 April 2025 418,994 446,481 9,176 DEPRECIATION At 1 May 2024 156,998 405,163 7,516 Charge for year 8,380 41,318 415 At 30 April 2025 165,378 446,481 7,931 NET BOOK VALUE At 30 April 2025 253,616 - 1,245 At 30 April 2024 261,996 41,318 1,660 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other loans (see note 14) Accrued expenses 14. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Other loans	Fixtures and fittings £ 30,628 25,101 1,382 26,483 4,145 5,527 30.4.25 £ 5,667 30.4.25 £ 32,540 3,012 35,552 30.4.25 £ 32,540	Totals £ 905,279 594,778 51,495 646,273 259,006 310,501 30.4.24 £ 9,727 30.4.24 £ 32,540 3,012 35,552 30.4.24 £ 32,540

continued...

Page 11

M A B Charitable Trust

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

15. MOVEMENT IN FUNDS

At 1.5.24
£
Unrestricted funds
General fund
830,810
TOTAL FUNDS
830,810
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
874,910
TOTAL FUNDS
874,910
Comparatives for movement in funds
At 1.5.23
£
Unrestricted funds
General fund
844,854
TOTAL FUNDS
844,854
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
870,654
TOTAL FUNDS
870,654

Net
movement
At
in funds
30.4.25
£
£
153,583
984,393
153,583
984,393
Resources
Movement
expended
in funds
£
£
(721,327)
153,583
(721,327)
153,583
Net
movement
At
in funds
30.4.24
£
£
(14,044)
830,810
(14,044)
830,810
Resources
Movement
expended
in funds
£
£
(884,698)
(14,044)
(884,698)
(14,044)

continued...

Page 12

M A B Charitable Trust

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

15. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds General fund TOTAL FUNDS	At 1.5.23 £ 844,854 844,854	Net movement in funds £ 139,539 139,539	At 30.4.25 £ 984,393 984,393

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds	Incoming Resources resources expended £ £	Movement in funds £
General fund	1,745,564 (1,606,025)	139,539
TOTAL FUNDS	1,745,564 (1,606,025)	139,539

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2025.

Page 13