Charili" T¢gi%trJtion numb¢T'. 1148i37 Thc Aspirc Trust Annual Report and Financial Stal¢m¢nls ror the year ending 31 si March 2025
The Aspire Trust Contents Page Reference and Administraiive dethil$ Trus(ees' Rewrt Statement ol-finaneial aciii'iiies Ilalance sheet NL)tes 11) the lioanLial stht¢menLS 6w7 lor lh¢ yLYr Lnding 31 March 2025
The Aspire Trust Business Information Charity name The AspiT¢ TTU51 ChArlty reglstratlon number 11483i7 Trustees Dr z.alar Iqbal Mr Arshid I lussain Ir Mohammed ()7air Mr Mi)hamm¢d Ame¢n Mr Nae¥'m H Mr Imran Rdliq lor ihL >Lar Lnding 314 Mah 2025 Mr NLUI Nqalik R¢il$tered office
The Aspire Trust TThsttts' Report Summary of the objects of the ¢hrity sti out in its governing document Th¢ obj¢¢L4 of th¢ Lharity. a.. To advancL ihL rL'ligion of Islam for iht trLmefit ofthe publiL thmu8h the holdingofpra)r nlings. lethures. piibliL Lelcbraiion ol. religious testivals, rthlucing andlor dIribUtIng liieramre on the Isl&mic taith io enlighien oih¢r5 aboui thl Islamic religion. Tu advJnL¢ ih¢ ¢duLaiiuD of th¢ publi¢ the subj¢LI of Islamir ligIOn_ Sm*ll ¢ompAny provisions "I'hi% rerKkrt tKcn prepur¢d in accordance iiiih the 5mllll comp4Llli¢5 regijne underthe Compunie4 Acl 21H)6. Appr(ivid b} th¥ cin 10 ()Ll()'r 2025 and signcd on 1¢$ .haIr by.. tor Ihk y¥af indin¥ 3151 MJtLh 2025 l)r /.ulur 14bul MT Ar%hid Mr Mi)hummi¢J AmLLn l)r AsifY& Mr [Mr7n Raf14
The Aspire Trust
Statement of Financial Actii'ities
for the year ending 31st March 2025
2024
VOLITNTARI. IYCOME
Appcals and donations
Clift aid
Solar panel in¥ome
J36.317
14.8?4
769
351.910
162.61>6
15.773
6,978
18i.357
Cost ofsalts
Purchases
Gross profit
351.910
185.357
for the yegr endlnE 31st lrth 2023
R¢n¢al iniom
27.424
36.719
Ciranis
27.424
36.719
TotY41 resources expende
The Aspire Trust Balance Sheet ror the )'ear endIg Jlst March 2025 Note 2025 2024 Flxtd Assets Txn¥ibl¢ <5¢1$ 107,238 108,213 Currtttt gssets C&sh a¢ haLk and in hand 217.986 122.484 'I'rade debtors 6.14116 3.11.11.30 Crtdltors 'I'radL LfLdiiors 4.553 20.000 IntL'rL'%i IrL'e loan i(i.oon l..A60 2).913 li>r IhL )Lar ending 31si Mureh 2023 306.117 229,737 Ntt bu51nt55 1$$els represenltd by Ilalani¥ br()ugh¢ fornwd Nci pr()lit 229.737 7fy.381 21 ?.44() 17.241 •2y.7.17 l &lPPn)i'e the%e acL(7unts and c()nfirni lh I hale made availatTrle all relan( ree4)rds aj infLirnialii)n fi)T Iheir prLparation. Imran Rafiq Trubtee
The Aspire Trust 40tes to the Financial Staitments foT the Period Ended JI March 2025 Attounting polities Basis of preparaiion Thi linaniial sldt¢'ffl¢nls .¢ pripiurd ilK' hisluri¢ ¢usl ¢uThvcnliun in acwrddn¢L Iiith IhL SiaiLmLnt ol. RLLommLndLd PtaL'tiLL'ALLY>uniithgi and RLI)Orting bl Chatilies ISORP 200$>,. issued in Marlh 2W5. appliLable accouniing stsndards and the Companies 2006. Fund accounting policy Unr¢'siri¥t¢d in¢ome turtds a. g¥rt¥rnl funds thai ar¢ oYailabl¢ for th¢ iwsi¢¢s' dis¢r¢iion i liirthLrancL ol'ihL objLLiives ol'ihe chariiy. Incoming resources t(>r th¥ wiar ¥nding 3151 MarLh 2025 rL'LI)binisL'd wherL' Ihere is eniiilemenL certainN ofr¢¢¢ipi and the amouni ¢8n k m¢&4Jr¢d wilh SU1¢1¢1 Resources expended l.iJbiliii¢s ar¢ rn'¢o8nixxl as soon &$ ih¢r¢ is • k'8al or ¢onstru¢iii¢ obliwion ¢ommiiiin8 th¢ ¢h8rii% to lh¢ thui UrL¥fv. ull Ll)515 TLlak.d to thi caiLgoTr. Q'harilahl¥ ¢yKKndilur¥ i<impriy¢% ih(1s¢ ri)%15 incurr¢d h% lh¥ rhjril! in Ilk. d¢lii¢Th of 11% 111.1115 and L'ThILL4 liir il% k,nL'li¢iariL%. li in£lthd¢% both ¢0518 ih4Li ¢an tr. all(i£aiLd dirL'cIIN lo sh a¢ii¥illL% and iho%¢ LC)St% lif un indirL'CI n4LiufL' nLcLs%ar)' supp•n them. Fixed a58els Indii'iduttl lix¢d ossels ¢QSiing £0 or nwye we iniii#llJ r¢rorded #i ¢QSL Depre¢iation Ik'pKiiRtion is provid¢d on tangibl¢ lii¢d 50 a5 10 iirik rost or 1'alual[L less ¢51ima¢¢d r¥5idual ialuc. ov¢r th¢ir<¥¢(¢d u5¢ful ¢wnomi¢ lif¢ 45 folloii"5.' SO1 PLlnLI Fixlur¢b and Iiiiings C'omputer ¢quiptn¢n¢ 40/* sifdighi linL b&s-is lovlr 25 iL8rsl 25% rdigh1 line basis 2510 s¢rdighi lin¢ basi5
2 Tangibl¢ fixed assets Land It Solar buildings panels Fixiures and COmper rjllings equipn*ni Tots]s C05t Al l April 2024 Additions 95.543 24.370 5.433 4.918 130,264 Ai 31 March 2025 YS.543 24.370 5.433 4.Yl¥ 130.264 Depreri•¢io Ai l April 2024 C'har8i lor ihe period 5.433 4,918 22.051 975 975 Al 31 M(INh 2025 12.675 5.433 4.918 23.1126 N¢1 book v¥ly¢ As ai 31 MtThh 2025 11.6I)5 1117.238 Al 31 MiiNh 2024