Hidayyah Trust 

## Registered Charity Number: 1149234 

Financial Statements for the period ended 

March 3 ] 



Hidayyah Trust 

## Report of the Trustees for the period ended 31 March 2Q24 

The trustees present their annual report and unaudited financial statements for the period ended 31 March 2023 and confirm they comply with Charities Act 1993, as atnended by Charities Act 2006 the trust deed and the Charities SORE 2005 

## Reference and Administrative Information 

|Charity Name|Hidayyah Trust|
|---|---|
|Charity Registration Number|1149234|
|Principal Office|260 Poplar Road|
||Londor}|
||E140BB|
|Custodians|MohamlTled Saifur Rahman|
|PrincipalAdministrators|Mohammed Salfur Rahman|
|Trustees|Mohammed Saifur Rahman|
||Mohammed Alimur Rahman|
||Aysha Khatun|
|Accountants|Shahidullah & Co|
||299A|
||Bethnal Green Road|
||E26AH|
|Bankers|N atWest Bank PLC|
||403 Bethnal Green Road|
||London|
||E20AF|





HidayyahTrust 

## Structure, governance and management 

## Governing document 

Hidayyah Trust is constituted as a charitable trust registered with Charity Commission on 5 October 2012 under charity registratiorl number 1}49234. The declaration of trust is made on the 30th September 2012. 

## Organisational structure 

The charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or any other financial benefits 

The trustees meet together as a body monthly and are responsible for all decisions taken in relation to running the charity and the community facilities and activities provided by the charity 

## Objectives 

The objectives of the charity are set out in the charity's trust deed and are summarized as follows 

## To advance the Islamic faith for the benefit of the public. 

To further or benefit the residents of Poplar and the neighborhood. without distinction of sex, sexual orientation. race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organizations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving the conditions oflife forthe residents 

In furtherance of these objects but not otherwise, the trustees shall have power 

To establish or secure the establishment of a community center and to maintain or manage or co-operate with any statutory authority inthe maintenance and management of such a center for activities promoted bythe charity infurtherance of the above objects 

The promotion of religious harmony forthe public benefit by 

- 1) Promoting knowledge and mutual urlderstanding between different religious groups ii) Advancing education and raising awareness about different religious groups to promote good relations between persons of different racial groups; 

iii) Working towards the elimination of discrimination on the grounds of religion 

In furtherance of the said objects but not otherwise the Trustees shall have the following powers: 

3 



## Hidayyah Trust 

- i) To employ and pay any person or persons to supervise, organize and carry on the works authorized by thee Trustees and employers of staff to make all reasonable and necessary provision for the payment of pensions and superannuation to or on behalf of employees and their widows arid dependents 

- ii) To raise funds and invite and receive contributions from any individual or organist ion whatsoever by way of loan subscription. donation, gift or otherwise PROVIDED THAT the Trustees shall not undertake any permanent trading activities operating in similar charitable fields and to exchange information and advice 

- iii) To co-operate and collaborate with other voluntary bodies and statutory authorities operating in similar charitable fields and to exchange information and advice 

- iv) To establish and operate both current account and deposit accounts with bankers in the name of the Trust PROVIDED THAT cheques drawn on such accounts shall not be signed by less than two Trustees. 

- v) To purchase, take on lease, or in exchange hire of otherwise acquire any property and any rights and privileges necessary for the attainment of the said objects and to contract, maintain and alter any buildings or erections as necessary for the said objects 

- vi) To make regulations for the management of any property which may be acquired 

- vii) Subject to such other consents as may be required by the law to sell, let or mortgage, dispose of or turn to account all or any of the property, or assets of the Trust. 

- vin) To invest Trust monies not immediately required for the said objects in or upon such investments or securities or property as are authorized by the terms of the deed. 

- ix) To arrange and provide for on or join in arranging and providing for the holding of exhibition, tneetings, lectures, seminars and training courses 

- x) To do all such other lawful things as are necessary for the attainment of the said objects. 

## Activities and achievements 

How our activities deliver public benefit 

A wide range of activities are carried out in pursuance of its charitable aims. The trustees consider that these activities, summarized below, provide benefit both to those who worship at our Mosque and the wider community of Poplar. 

## Religious activities 

The center provides facilities for prayers and other activities associated with the Muslim faith. During the year under review we offer a range of religious services and activities. This is available for the community as a whole 

## Community activity 

The charity work with the youth in the community. offering activities, classes and promote anti drug/gun/knife crime.This helps reduce anti-soda ibehavior. 

To welcome all local residents (Muslim and non-Muslim) to attend classes, gatherings and conferences. This will promote interfaith and allow all people in society to accept all religions, it wil also stop religious hatred, extremism and radicalization 

4 



## Hidayyah Trust 

## Principalfunding sources 

The principal sources of funds for the center are donations from local residents and parents paying fortheir children tuition 

## Statement of Trustees' responsibilities 

Trustees are responsible for preparing an annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards(UK GAAP) 

The applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of tile state of affairs of the charity and of incoming resources and application of resources of charity for that period. In preparing the financial statements, the trustees are required to: 

Select suitable accounting policies and then apply them consistentlyl observe the methods and principles in the Charities SORP 

Make judgments and estimates that are responsible and prudentl 

State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in financial statements; 

Prepare financial statements on the going concern basis unless it is inappropriate to presume that the charity will not continue in business 

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 financial statements comply with the Charities Act 1993, The Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence taking responsible steps for the prevention and detection of fraud and other irregularities 

The trustees for the purpose of charity law who served during the year and up to the date of this report are set futon page 1 

Approved by the trustees and signed on its behalf by 

Mohammed Saifur Rahman President of Trustees 

22ndNovembcF2024 



Hidayyah Trust 

## Statement of Financial Activities 

Forthe period 0'i Apri12022 to 3'IMarch 2024 

|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|31.03.24|31.03.23|
|||£|£|£|£|
|Incoming resources||||||
|Incoming resources from generated||||||
|funds:|I Note 3)|||||
|Fees||47,293||47,293|42,933|
|Hall Hire||21,000||21,000|21000|
|||68,293||68,293|63,933|
|Activities for generating funds||||||
|Income resources from charitable||||||
|activities||||||
|Total incoming resources||[<br>68,293||b8,**2**93<br>68. 93|B**3**,933<br>6 ,933|
|Resources<br>expended||||||
|Cost ofgenerating funds||||||
|||52,638||||
|Charitable activities|I Note 4 )|||52,638|70,132|
|Governance costs||||||
|Totalresources expended||15.655||15,655|(6,199)|
|Net movement in funds||9,136||9,136|(6199)|
|Total funds brought forward||15,655||15,655|15,335|
|Total funds carried forwa rd||24,791||24,791|9,136|



6 



Hidayyah Trust 

Balance Sheet as at 31 March 2024 

|||2024||2023||
|---|---|---|---|---|---|
|||£|£|£|£|
|Fixed assets||||||
|Tangible assets|I Note 6 )||551||551|
|Current assets:||||||
|Cash at bank and in hand||24,940||9,284||
|Prepayments|( Note 7)|||||
|Total Current assets||24,940||9,284||
|Currentliabilities||||||
|Creditors falling due within one year( Note 8 )||(700)||(700)||
|Net current assets|||24,240||9,136|
|Accruals and deferred income|||0||700|
|Net assets(totalcurrent assets less current||||||
|liability)|||24,791||9,836|
|The funds ofthe charity||||||
|Unrestricted funds||||||
|General funds||||||
|Capitaland Reserve(Profit & Loss Accounts)|||24,791||9,836|
|restricted income funds||||||
|Totalcharity funds|||24,791||9,836|



The notes at pages 8 to I Iform part of these accounts Approved andsigned onthelrbehaifby: 

Mohammed Saifur Rahman 

PresidentofTrustees 

22nd November 2C24 

7 



## Hidayyah Trust 

## Notes to financial statements 

## l Accounting policies 

## (a) Basis ofpreparation 

The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities(SORE 2005) issued in 2005 and applicable UK Accounting Standards and the Charities Act 1993. 

## (b) Funds structure 

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose 

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the terms of a specific appeal at any time and under the terms for public collection of Zakat in accordance with the teachings of islam. 

## lc) Incoming resou rces 

All incoming resources are recognized once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability. The following specific policies are applied to particular categories of income 

Voluntary income is received by way of donations at Friday prayers and grants, and is included in full in the statement of Financial Activities when receivable. Grants. where entitlement is not conditional on the delivery of a specific performance by the charity. are recognized when the charity becomes unconditionally entitled to the grant. 

Incoming resources from grants, where there are performances or services deliverables required by the terms of the grant, are accounted for as the charity earns the right to payment through its performance. Donated services and facilities are Included at the value to the charity where this can be quantified. The value of services provided are in the nature of professional services where a fee would otherwise be charged, in which the donated service is valued at their chargeable rate 

investment income is included when receivable 

Incoming resources from charitable trading activity is accounted for when earned 

## ld) Resources expended 

Liabilities are recognized as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. Ail expenditure is accounted for on an accruals basis and has been classified under headings that aggregate ail costs related to Ehe category. 

- (e) Irrecoverable VAT 

Irrecoverable VAT is charged against the category of resources expended for which it was incurred 

If) Allocation of overhead and support costs 

Supports costs include administrative cost for charitable activities 

8 



## Hidayyah Trust 

## (g) Charitable activities 

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both the direct pay and non-pay costs and support costs relating to those activities. 

## jh) Tangible fixed assets and depreciation 

- All assets costing more than £500 are capitalized and at historic cost. Fixed assets are stated at cost less accumulated depreciation. The freehold property is valued at historic cost and ins notdepreciated. 

Asset category Annual rate Freeholdiandand buildings nll Fixtures andfittings 15% 

2. Related party transactions and trustees' remuneration Trustees received no emoluments (2023 fnil) 

3. Incoming resources from voluntary income 

|3. Incoming resources from voluntary income||||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|funds|2024|
||£|£|£|
|Tuition fee and hall hire and other income|68,293||68.293|
|Total|68,293||68.293|





## Hidayyah Trust 

## 4. Charitable activities support costs 

|4. Charitable activities support costs||
|---|---|
||Charitable|
||activities|
||£|
|\A/ages and salaries (including Employer NIC)|11.809|
|Premises Costs|30,000|
|Water rates|1,388|
|Sundry expenses|251|
|Repairs and maintenance||
|Printing and stationery & book|599|
|Telephone|833|
|Lightand Heat|6,777|
|Accountancy|700|
|Depreciation on FF & equipment<br>General Insurance|0.00|
|Fire & security|0.00|
||52.638|



## 5 Corporation tax 

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity. 

1 o 



## Hidayyah Trust 

6 . Fixed Assets: Tangible assets 

|6 . Fixed Assets: Tangible assets||||||
|---|---|---|---|---|---|
||Fixtures|||||
||andfittings|Total||||
||£|£||||
|Cost/value||||||
|At I April 2022|9,569|9,569||||
|Additions||||||
|Disposals||||||
|At 31 March 2023||9,569||||
|Depreciation||||||
|At OI April 2022|9.018|9,018||||
|Charge for year||||||
|Disposals||||||
|At 31 h/march 2023|9,018|9,018||||
|Net Book Value|551|551||||
|Closing Bal as at 31 March 2024||||||
|7. Analysis of debtors|||||2024|
||||||£|
|Prepayments|||||0|
|8. Analysis of creditors||||||
||||||2024|
||||||£|
|Accruals|||||700|
|9. Analysis of net assets between funds|Un|restricted|Restricted||Total|
|||funds|funds||2024|
|||£||£|£|
|Fixed assets||551|||551|
|Current assets||24,939|||24,939|
|Less Current liabilities||700|||700|
|||24,240|||24,240|
|10. Analysis of charitable funds||||||
||Balance|<br>Incoming|Resour||Fund|
|Analysis of Fund movements|b/fwd<br>f|resources<br>f|expen<br>ded||c/fwd<br>£|
|U n restricted fu nds :|||£|||
|Unrestricted generalfunds|||||24.791|
||1 1|||||





Hidayyah Trust 

## Independent Examiner's Report to trustees/members of Hidayyah Trust. 

We have examined the financial statements for the period OI April 2023 to 31 March 2024 found on pages 6 to ll which have been prepared on the basis of historic cost. The Trustees have confirmed that they do not hold any restricted funds and that all the funds are available to meet the charity's objectives 

## Resoective Responsibilities of Trustees and Examiner 

The charity's trustees consider that an audit is not required for this year (under section 43 (2) of the Charities Act 1993) and that an independent examination is needed . ltisourresponsibilityto: 

- Examine the accounts; 

- Follow the procedures laid down in the General Directories given by the Charity Commissions and 

State whether particular matters have come to our attention 

## Basis of Independent Examiner's Statement 

Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes 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 disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the accounts. 

## Independent Examiner's Statement 

In the course of our examination. no matter has come to our attention 

- } Which gives us reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that proper accounting records are kept (in accordance with section 41 of the Act) and accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Acts 

- a To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached 

- 1} To cause us to believe that the accounts do not accord with the records 

## For emphasis 

The Independent Examination carried out and reported on has been done TOTALLY FREE OF CHARGE. The accounting fees contained within the accounts solely relate to working preparation 


**----- Start of picture text -----**<br>
\<br>**----- End of picture text -----**<br>


Independent Examiner's Name: M Shahidullah. FCCA Relevant professionalqualification or body: ACCA Address: 299A Bethnal Green Road, London, E2 6AH 

Date: 22nd November 2024 

12 



## Hidayyah Trust 

## Annrovai ofAccou nts 

We hereby approve the attached accounts for the period ended 31 March 2024 and confirm that 

we have supplied allthe information and explanations required for these accounts. 

Mohammed Saifur Rahman President ofTrustees 

22"d November 2024 

13