Charity number 1148662
MISBAHI WELFARE MISSION ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
MISBAHI WELFARE MISSION ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS
| Page | |
|---|---|
| Charity information | 3 |
| Trustees' report | 4 |
| Independent examiner's report | 5 |
| Income statement | 6 |
| Statement of financial position | 7 |
| Notes to the accounts | 8 |
| Detailed income statement | 9 |
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MISBAHI WELFARE MISSION CHARITY INFORMATION FOR THE YEAR ENDED 31 AUGUST 2024
| Trustees | Mr Yunus Ali Patel (President & Treasurer) |
|---|---|
| Mr Ibrahim Ismail Patel | |
| Mr Kalim Mohmed Patel | |
| Mr Salim Mohmed Patel | |
| Mt Hafiz Iqbal Mohamed | |
| Mr Gulam Adam Patel | |
| Charity Number | 1148662 |
| Registered Office | 24 Stanleyfield Road |
| Preston | |
| Lancashire | |
| PR1 1QL | |
| England | |
| Accountants | Tarpon Limited |
| Piccadilly Business Centre | |
| Unit C Aldow Enterprise Park | |
| Blackett Street | |
| Manchester | |
| M12 6AE |
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MISBAHI WELFARE MISSION TRUSTEES' REPORT
The Trustees present their report and the financial statements for the year ended 31 August 2024.
STRUCTURE, GOVERNANCE AND MANAGEMENT
MISBAHI WELFARE MISSION is a registered charity with the registration number 1148662.
The management of the Board is the responsibility of the Trustees who are elected and co-opted under the terms of the Charity.
The charity complies with the Good Governance Code.
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to those risks.
OBJECTIVES AND ACTIVITIES
The main charitable activities carried out are as follows:
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the relief of poverty
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the relief of sickness
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the advancement of education
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the advancement of the islamic religion
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such other purposes for the public benefit as are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine the charity operates in India.
ACHIEVEMENT AND PERFORMANCE
The charity raised charitable funds of £86,707 for the period ended 31 August 2024.
FINANCIAL REVIEW
The charity holds sufficient reserves to manage its future activities. A retained surplus of £660,042 was achieved for the period ended 31 August 2024 as represented by total funds held by the charity.
PLANS FOR THE FUTURE
The charity will continue with its planned charitable work, as outlined within the objectives, over the coming years.
Signed on behalf of the board of trustees
............................................................................
Mr Yunus Ali Patel (President & Treasurer) Trustee
Approved by the board on: 30 June 2025
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MISBAHI WELFARE MISSION INDEPENDENT EXAMINER'S REPORT
We report to the Trustees on our examination of the financial statements of the charity for the year ended 31 August 2024.
Responsibilities and basis of report
As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
We report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
We understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
We have completed our examination and confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
We 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 financial statements to be reached.
Tarpon Limited
Piccadilly Business Centre Unit C Aldow Enterprise Park Blackett Street Manchester M12 6AE
30 June 2025
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MISBAHI WELFARE MISSION INCOME STATEMENT FOR THE YEAR ENDED 31 AUGUST 2024
| Gift and Donations Charitable expenditure Surplus Interest receivable Gross surplus Other adjustments Total surplus |
2024 £ Unrestricted Funds 7,285 - 86,707 70,777 78,062 78,062 (15,930) |
2023 £ Unrestricted Funds 99,174 (8,742) 90,432 4,215 94,647 - 94,647 |
|---|---|---|
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MISBAHI WELFARE MISSION STATEMENT OF FINANCIAL POSITION AS AT 31 AUGUST 2024
| Notes Current assets Debtors 4 Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Net assets Funds Unrestricted funds Total funds |
2024 £ 40,000 (1,900) 621,942 661,942 660,042 660,042 660,042 660,042 |
2023 £ 40,000 543,880 583,880 (1,900) 581,980 581,980 581,980 581,980 |
|---|---|---|
For the year ending 31 August 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small entities. The trustees have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to entities subject to the small entities regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
The financial statements were approved by the Board of Trustees and authorised for issue on 30 June 2025 and were signed on its behalf by
Mr Yunus Ali Patel (President & Treasurer) Trustee
Charity Registration No. 1148662
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MISBAHI WELFARE MISSION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024
1 Statutory information
MISBAHI WELFARE MISSION is a registered charity with the registration number 1148662. The registered office is 24 Stanleyfield Road, Preston, Lancashire, PR1 1QL, England.
2 Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of the charities SORP. There were no material departures from that standard.
3 Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
| 4 | Debtors | 2024 | 2023 |
|---|---|---|---|
| £ | £ | ||
| Amounts falling due within one year | |||
| Other debtors | 40,000 | 40,000 | |
| 5 | Creditors: amounts falling due within one year | 2024 | 2023 |
| £ | £ | ||
| Trade creditors | 1,900 | 1,900 |
6 Average number of employees
During the year the average number of employees was 0 (2023: 0).
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MISBAHI WELFARE MISSION DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024
| Income Gifts and donations Charitable expenses Office expenses Other finance charges Charitable activities Sundry expenses Advertising and PR Legal and professional Operating surplus Interest receivable Interest receivable Total surplus |
2024 £ - - - 7,285 301 493 15,136 15,930 70,777 78,062 86,707 |
2023 £ 99,174 |
|---|---|---|
| 500 677 6,000 1,021 194 350 |
||
| 8,742 | ||
| 90,432 | ||
| 4,215 | ||
| 94,647 |
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