# **CHARITY REGISTRATION NUMBER 1147738 THE SHADE TRUST** 

**FINANCIAL STATEMENTS 31 MARCH 2025** 



## **THE SHADE TRUST** 

## **FINANCIAL STATEMENTS PERIOD TO 31 MARCH 2025 CONTENTS PAGE** 

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





## **THE SHADE TRUST** 

## **TRUSTEES ANNUAL REPORT PERIOD TO 31 MARCH 2025** 

The Trustees have pleasure in presenting their report and the unaudited financial statements of the Charity for the period to 31 MARCH 2025. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

**Registered charity name** THE SHADE TRUST 

## **CHARITY REGISTRATION number** 1147738 

**Registered office:** 74 Darley Street, Leicester, LE2 0GA 

## **THE Trustees** 

The Trustees who served the charity during the period were as follows: Molana Abdulrahim Meer 

Ms Akila Kassam Ms Farhana Tarapuri Molana Ibrahim Tarapuri Mrs Khadijah Mukadam 

## **Charity advisors** 

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

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

THE SHADE TRUST is a charitable trust governed by its trust deed executed on the 26[th] January 2012 and the trust was registered with the Charity Commission on the 19[th] of June 2012. 

## **OBJECTIVES AND ACTIVITIES** 

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

- (i) To advance education for the benefit of the poor, the orphans, the underprivileged and people in need by means of, but not exclusively, the provision of scholarships, educational programmes, vocational training, tuition classes, and the provision or the assistance in the provision of educational facilities, such as schools, libraries and training centres; 

- (ii) To relieve financial hardship, distress and suffering among the poor, the underprivileged, the elderly, the disabled, widows, orphans, the homeless, victims of natural and manmade disasters and people in need in the UK and abroad, 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, water, clothing, medical treatment, rehabilitation, and accommodation for the said persons; 

- (iii) To relieve sickness and to preserve good health among the poor,  underprivileged, the elderly, the disabled and people in need by means of, but not exclusively, the provision or assistance in the provision of services, facilities, equipment, clinics, medicines or grants for medical diagnosis and treatment, and provision of health education; 

**- 1 –** 



## **THE SHADE TRUST TRUSTEES ANNUAL REPORT** _**(continued)**_ **PERIOD TO 31 MARCH 2025** 

- (iv) To advance the religion of Islam by means of, but not exclusively,   provision of facilities for worship and provision of facilities for Islamic education; 

- (v) To promote any other charitable purpose for the benefit of those in need that the Trustees from time to time determine. 

The charity aims to support the basic needs of orphans, widows and poor persons in India so that they are able to sustain a dignified life and meet their necessities. The charity’s long-term plan is to continue providing Orphan sponsorship, Widow Sponsorship, Emergency Relief to victims of disasters, Clothing and Accommodation support for poor persons. A holistic approach of educating children, empowering widows and meeting urgent needs will contribute to the breaking of the cycle of poverty, and help families establish self-sustainability. 

## **ACHIEVEMENTS AND PERFORMANCE** 

During the year, THE SHADE TRUST has successfully delivered a programme of supporting the orphans, poor and needy in India. The charity has sponsored and supported over 1,100 orphans during the year with educational costs, food costs and costs for medicines. Additionally, the charity supported over 200 widows and poor families with grants for living expenses. During the year, the charity also distributed blankets during winter to over 500 families and hardship and necessity grants to over 1,300 families, comprising of those impacted by Covid-19 with no employment or income, people with medical needs, elderly, widows and orphans. The support of the charity has helped them meet their basic needs and relieve their financial hardship. 

## **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 meeting an identifiable need among needy. The trustees have benefitted many needy individuals and families and has helped them to alleviate their financial needs in times of desperation. The trustees have also increased the life chances of children, widows and the poor through supporting their basic needs, education and welfare, which would otherwise not have been possible. 

## **GRANT MAKING POLICY** 

The charity gives grants to Orphans, widows and poor. The charity provides a grant to eligible orphans which allows them to attend an eligible educational institution that provides the schooling. Widows are given grants after assessing their income levels and the number of dependents in the family. These needs are assessed on a monthly basis and if they remain eligible then they are supported with a grant. Poor families are eligible for grants if they are able to provide confirmation of poverty or hardship, which is based on their area of residence, state of accommodation (if any), employment or income levels and number of dependents. 

- **2 -** 



## **THE SHADE TRUST TRUSTEES ANNUAL REPORT** _**(continued)**_ **PERIOD TO 31 MARCH 2025** 

## **FINANCIAL REVIEW** 

THE SHADE TRUST had secured funds from public donors and grant makers for their activities totalling £725,487 (2024: £589,519) during the year. This level of income was mainly due to the profile increasing of the charity and more charities recognising our grassroots projects working directly with the needy persons in India who gave grants totalling £625,802. We are grateful for their kind support. The grants and donations were a combination of Zakaat, Sadaqah, Lillah, Gift Aid, Interest and Fidya money. During the year, the charity was able to deliver the projects for grant makers and had a total expenditure of £696,920 (2024: £585,017). Of this, £694,502 were grants for charitable activities. This generated a surplus of £28,567 which will be added to the reserves for future charitable expenditure. The charity had reserves of £50,280 at the end of the year, of which the charity intends to retain £10,000 for administration costs. The charity maintains a 100% donation policy for all non-Lillah funds and only uses Lillah to cover shortfall in Gift Aid and Admin income during the year to cover administration costs. 

## **PLANS FOR FUTURE PERIODS** 

Future plans are to continue to run the Orphan Sponsorship project to cater for the needs of orphans. The charity also intends to support the poor and needy with direct support for their necessities. 

## **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: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material 

- departures disclosed and explained in the financial statements; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

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. 

**-3-** 



## **THE SHADE TRUST TRUSTEES ANNUAL REPORT** _**(continued)**_ **PERIOD TO 31 MARCH 2025** 

## **APPROVAL** 

The report was approved by the Trustees on 10/12/2025 

And signed on their behalf by 


__________________________________ 

Ms. Farhana Tarapuri Trustee 

**-4-** 



INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE SHADE TRUST
I report lo the charity trustees on my examination of the accounts of the Charrty for the year ended
31" March 2025.
Responslbilities and basis of r•port
The thanty's trustees are reswnsible for the preparation of the accounts. The chariWs trustees
onsider that an audit is not required for this year under secb'on 144 of the Charities Act 2011 Ilhe
Charities Art.) and that an independent examination sufficient for extemal scrutiny.
It is my responsibilty to..
examine the accounts under seciion 145 of the Chaniies Ad.
to follow the procedures laKI down in the general Directions given by the Charity
Commission (under section 145{5)(bl of the Chartties Act, and
to state whether particular matters have come to my attention
Basis of indewndent examinees stat•ment
My examination was camed out in accordance general Directions given by the Chanty
Commission. An examination indudes a review of 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 disdosures in the accounts. and seeking explanations from the trustees conceming
any such matters. The 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 and fair.
view and the report is lirntted to those matters set out in the sL2tement below.
Independent examinerfs Statement
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 *Ere not kept in accordan￿ with section 130 of the Charities Act. or
the accounts did not accord w5th the accounting records; or
the accounts did not comply with the applicable requirements conceming the form and
content of accounts set out in the Chanties (Accounts and Reports) Regulations 2008 other
than any requirement that the a¢Gounts give a 'true and fairf view vthich is not a matter
onsidered 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 urvjerstanding of the accounts to be reached.
Zubair Sidat
FCCA
Ryall HM8 Limited

## **THE SHADE TRUST** 

## **STATEMENT OF FINANCIAL ACTIVITIES (SOFA) PERIOD TO 31 MARCH 2025** 

|||||**Total Funds**||
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Period to**|**_Total_**|
|||**Funds**<br>|**Funds**|**31 Mar 25**|**_31 Mar 24_**|
||**Note**|**£**|**£**|**£**|**£**|
|**INCOME from**||||||
|donations and legacies|<br>**2**|**8,923**|**716,564**|**725,487**|**_589,519_**|
|charitable activities||||||
|other trading activity||||||
|Investment income||||||
|Other income||||||
|**Total**||**8,923**|**716,564**|**725,487**|**_589,519_**|
|**EXPENDITURE**||||||
|on raising funds||**-**|**-**|**-**|**_1,800_**|
|charitable activities|**3**|**4,396**|**690,106**|**694,502**|**_580,821_**|
|other expenditure|**4**|**2,418**|**-**|**2,418**|**_2,396_**|
|**Total**||**6,814**|**690,106**|**696,920**|**_585,017_**|
|Net Income before Tax||**2,109**|**26,458**|**28,567**|**_4,502_**|
|Tax payable||**-**|**-**|||
|Net income after Tax||**2,109**|**26,458**|**28,567**|**_4,502_**|
|Net gains/losses on assets||||||
|<br>**NET INCOME**||**2,109**|**26,458**|**28,567**|**_4,502_**|
|Transfers between funds||||||
|||**-**|**-**|**-**|**_-_**|
|Net movement in funds||||||
|||**-**|**-**|**-**|**_-_**|
|**Reconciliation of funds**||||||
|Total funds brought forward||**3,772**|**17,941**|**21,713**|**_17,211_**|
|**Total funds carried**||**5,881**|**44,399**|**50,280**|**_21,713_**|
|**forward**||||||



**-6-** 



## **THE SHADE TRUST** 

## **BALANCE SHEET PERIOD TO 31 MARCH 2025** 

|||||**Total Funds**||
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Period to**|**_Total_**|
|||**Funds**<br>|**Funds**|**31 Mar 25**|**_31 Mar 24_**|
||**Note**|**£**<br>|**£**|**£**|**£**|
|**CURRENT ASSETS**||||||
|<br>Cash in hand and bank|<br>|**7,381**|**44,399**|**51,780**|**30,953**|
|**Total**||**7,381**|**44,399**|**51,780**|**30,953**|
|<br>**LIABILITIES**||||||
|Creditors falling due within|<br>**6**|**1,500**|**-**||**9,240**|
|one year||||||
|<br>Net current assets|<br>|||**50,280**|**21,713**|
|<br>Total assets less current|<br>|||**50,280**|**21,713**|
|liabilities||||||
|<br>**Total Net Assets**||||**50,280**|**21,713**|
|**The funds of the charity**||||||
|Unrestricted funds||||**5,881**|**3,772**|
|Restricted funds||||**44,399**|**17,941**|
|<br>**Total**|<br>|||**50,280**|**21,713**|



These accounts were approved by the Trustees on 10/12/2025 and are signed on their behalf by: 


______________________________________ Ms. Farhana Tarapuri 

## Trustee 

CHARITY REGISTRATION Number: 1147738 

**- 7-** 



## **THE SHADE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS PERIOD TO 31 MARCH 2025** 

## **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 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. 

**-8-** 



## **THE SHADE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued) PERIOD TO 31 MARCH 2025** 

## **2. DONATION & LEGACIES – BY FUND TYPE** 

||**Unrestricted**|**Restricted**|**Total Funds**|**_Total_**|
|---|---|---|---|---|
||**Funds**|**Funds**|**2025**|**_2024_**|
||**£**|**£**|**£**|**£**|
|**Donations**|||||
|Donations|5,606|90,762|**96,368**|**56,331**|
|Gift Aid|3,317|-|**3,317**<br>|**-**|
|**Total**|**8,923**|**90,762**|**99,685**|**56,331**|
|**Grants**|||||
|Ummah Welfare Trust|-|408,302|408,302|432,955|
|Jamiat Ulama-I-Hind UK|-|151,000|151,000|**-**|
|Euro Charity Trust|-|-|-|45,044|
|LIA Relief Trust|-|50,000|50,000|6,545|
|Alkhair Foundation|-|-|-|4,111|
|Books 2 Door|-|-|-|6,000|
|Arrajaa Foundation|-|-|-|4,665|
|Other Grant Makers|-|16,500|16,500|33,868|
|**Total**|**-**|**625,802**|**625,802**|**533,188**|
||**_________**|**_________**|**__________**|**_______**|
|**TOTAL**|**8,923**|**716,564**|**725,487**|**589,519**|



## **3. EXPENDITURE - Charitable Activities** 

Grants making is primarily undertaken under a partnership with Sheikhul Hind Educational and Charitable Trust (SHECT) based in India. 

||**Unrestricted  Restricted**|**Unrestricted  Restricted**|**Total Funds**|<br>**_Total_**|
|---|---|---|---|---|
||**Funds**|**Funds**|**2025**|<br>**_2024_**|
||**£**|**£**|**£**|**£**|
|**Grants – SHECT - India**|||||
|Ummah Welfare Trust|<br>-|408,303|408,303|**432,197**|
|Jamiat Ulama-I-Hind UK|<br>-|151,000|151,000|**-**|
|Euro Charity Trust|<br>-|-|-|**40,000**|
|LIA Relief Trust||50,000|50,000|**6,155**|
|Arrajaa Foundation|-|-|-|**4,635**|
|Books 2 Door|-|-|-|**6,000**|
|General|4,396|80,803|**85,199**|**91,834**|
||**______**<br>|**_______**|**_______**<br>|**_______**|
|**TOTAL**<br>|**4,396**|**690,106**|**694,502**<br>|**580,821**|



**-9-** 



## **THE SHADE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS (continued) PERIOD TO 31 MARCH 2025** 

## **4. EXPENDITURE – Other Expenditure** 

||**Unrestricted**|**Restricted**|**Total Funds**|**_Total_**|
|---|---|---|---|---|
||**Funds**|**Funds**|**2025**|**_2024_**|
||**£**|**£**|**£**|**£**|
|Consultancy Costs|172|-|172|821|
|Website Costs|245|-|245|364|
|Bank Charges|782|-|782|251|
|Sundry Costs|49|-|50|-|
|**Subtotal**|**1,248**|**-**|**1,248**|**1,436**|
|**Governance Costs**|||||
|Accountancy Fees|1,170|-|1,170|960|
||**_____**|**____**|**_____**|**____**|
|**TOTAL**|**2,418**|**-**|**2,418**|**2,396**|



## **5. Staff Disclosures** 

No staff costs incurred during the period. 

Total number of staff employed during the period is 0. 

## **6. LIABILITIES: Amounts falling due within one year** 

**£ Trade creditors** Accountancy & Examination Fees for 2024     330 Accountancy & Examination Fees for 2025  1,170 ===== **TOTAL 1,500** 

## **7. CONNECTED PARTY TRANSACTIONS** 

There were no payments made to any trustee or connected person during the period for any remuneration or expenses. 

**-10-**