UMAR EDUCATION AND WELFARE TRUST COVENTRY REPORT AND ACCOUNTS 5thA ril 2023 numlw. I
UMAR EDUCATION AND WELFARE TRUST, COVENTRY (UEwn Financial Statements Year Ended Sth Aprll 2023 Contents Administrabve InfOatiOn Twstees. Annual Report Page IndeFendent Examiners Report statement Of Financial Athities Bakqnce Sheet Notes To The Accounts
UMIR EDUCATION AND WELFARE TRUST, COVENTRY {UEwn DMINISTRATIVE INFORMATION TRusYeES MB GHULAM MOHAMMED VOHRA MR ABOUL114HIM SHAIKH UR MOHAMMED ASGHAR TAHIR MR RAB NAWAZ MR SALEH AHMED CHOWDHURY ADORess 137 AVON STREEr COVENTRY CW2 3GQ BANKERS HSBC NK PLC COVENTRY SOLicrroRS GUILDHALL SOLICITORS COVENTRY INDEPENDENT EXAMINER MR AKBAR DEDAT ACA CRYSTAL BUSINESS SERVICES LTD. CHARTERED ACCOUNTANTS COVENTRY
UMAR EOUCATION AND WELFARE TRUST, COVENTRY {UEwr) p¢ollt•r•d Ch•rfty numb•r: 1160101 TRUSTEES ANNUAL REPORT y1 End•d 6th Aprll 2023 Tr• tru$tee8 pre8ent th•lf annual rnpKirt tog•ih•r th th• finalat 8l8lem•nlJ fof tho y1 5th Aprll I, CONSTITUTION UPIIR EDUCATION AND WELFARE TRUST, COVENTRY IUEWT) h conslrtut•d und•r • trust deod d 28th May 2012. TM trusiwas reglstsrèd 88 a chartty on10 De&rymber 2012 and registrakn number19 1150101. Tho tNstees that have served the charty from 8th Awll 2017 to datè ar• sel out on the admlnistratlve infJThalbn page. The Irusle88 have legal 5p)nSibl1ty lor Ihe oFeratn of the Irusl, and • management committee which irteJude3 lh• fve trusle8s are resFonsibk lof the day to day offalrn ol the charity. The chaim)an of Ihe trustees Is Mr Ghulam Mohammed Vohra. In seleding indNpauals for appointment as trustees, the trustees must have regard to the skllls, knedge and experience needed for the èffective administration ofthe chanty. I OBJECTIVES The obje¢tNes of the chanty as sel out in the ¢onstitiJtion are as follows'.- 2.1 To advance education generalty and the education of Muslims, and the PTOViSh?n of ladIe$ for recre3t)n. 2.2 To advance the education of Ihe public in the Islam relign. The charity operates from freehokl propetty to meet rfs objects'ves ouuined abave. Furthemi¢xe the charity is meeting ifs objectives by undertaking the followng actmties.. al Provhling Islarnic education to local Muslim ¢hildftn and adutt rnen and women. bl ProVaIng space for the users lo undertake daity congregation prayers vthen they are accessing the centre cl Partnering with local Muslim organisalbns lo educate local ujmmunity abjut Islam and Muslims to promote peace and hannony. dl PdIrt9 a place lor CreatIOn, trainlng, IslamK education, soclalislng and netsvothing. uE prornotes and teaches conslderal'on for othèrs. Compassion, tolerance and co4xistence are all IarnIC virtues. We advis8 people that they are duty b)und lo conlrlbula to the common good, in a syrilof cTropefaJon with Iheir lellow human beings. 3. PUBLIC BENEFIT In earryin9 Out the ab)ve activities the trusts•s telieva that thè charity sallsfles the requlrements of section 17 of the Charities Act 2011 regarding publlc benefit tecause the genèral communlty benefits from Ihe charltys activit5.
UIIAR EDUCATION AND WELFARE TRUST, COVENTRY IUEWT) R•gl•t•r•d Chirlty numb•r: 1100101 TRUSTEES ANNUAL REPORT y4r end•d Oth Aprll 2023 I, FINANCIAL RE8ULT8 Tho trust3 4r• pl•aied to report an In net Irm r•8CrfJfC8S to £81.94912022 . £41,666) Thli ho$ resulled In the charity hwng unr•8lrid¢d relources of £360.228 81 the end ol the financial jr Durlng th• year, the ch8nty carri•J out extenjw wrkS ai 137 Avon sfre¢l ThL8 has alloed the TNSI to expand the evening IskmK educat• and 8¢pM th8 communty mor• effidenlty during the busy Se8nI{such as Ram•Jhanl Fity prayds 5. INVESTMENTS The charity rents out part of the bulliNJ rt operates from. The olarty th cfyMm¢ncod rKewing rentsl incomes from the nevty acquired investment propety. kny suolu$ generated is uts'lised for the Nnning costs of the charity. The surplus * rl inved th any deF¢srt accounts, shares or secunlies. 6. FINANCL4L REVIEW AND RESERVES POUCY The twslees, reserves 15 to SFid all unrestiictèj tvrbjs ¢harilable In any gpien year. The twslees revw the financial of the ¢hanty on a regular tlS and ensures a small surplus is made lo ¢over any unforeseen costs. The overall costs of the ¢hanty is minimal. therefore the trustees lVe a small sUrS in given year is suffKnl for the charity for irs overall financial stsbility. The wncipal income sources continued to donakns cclkthd from wbl 7. RISK WINAGEMENT The Charity is p)nsib for the overseeirvJ olthe mks fr£ed ty the chty. Detailed w1sideralS ol risk are dgated to the trustees of tre chaity. Risks Je hlenliw, assessed aNI ¢trOL8 estabtsshed throughout the year. 11 B re¢oJnised that systems can onty wovKle Tea50nable Ixrt not absolute assurance ihal risks ha teen adequatety managed tt is reable in felthn to the ¢urfenl size of the charity. Appropriate Criminal RecNds Burew ICR81 ¢t*ths. suppcrfted by regukr revvK are me of all staff and volunteers chiljren. AJ50 the trustegs rtgulaty ts revw finances of the charty. . FIXED ASSETS l of the actNbti'es continued to be C¢1 from the dwnlls Ireetrdj yemL8es al 137, Avon Street, Coventry. The property vested in the name of th8 fv8 Iw5tees. Post year end the upstair5 flats were converted and an eXtern undertake to enab use ty the grmng number of benefirAartes. Duripo the year the chanty extensK Wds Cmpd al 137 Stree( Coventy.
uMhR EDUCATION AND WELFARE TRUST, COVENTRY (UEwn 8aglJiernd Charlty number: 1150101 IBUSTEES ANNUAL REPORT Yoor Endod 6th Aprfl 2023 . STITEMENT OF TRUSTEES, RESPONSIBILITIES crsanty law requlre the Irustees lo prepare financlal stslemenl lor each financlal yèar whlch 8htrw true and f81f vLeW of the siale ol affalrs of the charity and its finanaal a¢tNibes for th8 pevké. In preparing those financlal stalemenlg, thè trustees are required to.. al select sultable accounting pollcies and then appty thèm consislenty, bl makeludgemenls and eslimates that are reasonabl8 and prudent ) ststs whether applicable a¢untIng standards and ststements of recommended Pracce have been followed, subject lo any departures disclosed and explained in the financial slatements; and dl pare the financial ststements on thè going cOrern basis unless it is inappropriate to presume that the charity wll continue in operational existenc*. Tre trustees afe responsible for keeping proFer accounting records and disdose wth reasonable racy al any tsme financial position of the ¢harity and lo enable then to ensure that the financial staternents comply wlh the Charities Act 2011. They are also responsible for safeguarding the assets ol the charity and hence tsking reasonable steps for the prevenbon and detection of fraud and other iffegularibes. proved by Ihe tfusleis on 3rd September 2024 and signed on their behalt ..Name..... ..Name..
WE i to the charlty iruslees on my examinatKin ol the accwnts ol the charlty lor th• year ended sih wl 2023 whlch are sel oul on pagei e to 9. p••po•lbllltl•• ind b••h ot r•port h5 the Ghanty's irusiees you are reSWn8lb lor Ihe preparan ol xcounts In accordance wlth t•]ulrements ol the Charitses Act 20111'tho Art). I reFort m roskct of ry examinabon ol the (h8nty'S accounts carried out under section 145 of the Acl aThl m Calng out my examinatn I h•Vt follod all ihe 8pFAicab Directhjns gfrMI ty ts Chwty un¢Jer secliji 145(Sllb) d•p•nd•nt •xamln•f$ •tat•m•nt i Q)mpk8led my examlnati(Jn. I c¥nfim that no materw matters have cc¥ne to my attenbon li neGn the examination me cause to bel that ui any n)atwi res 1. acownting records not kept In respttt of as requwed ty secticm 130 of the kt i tr ac£4unts do nol with those Irds. or i the #ounts do not cunFty with the appftaN& requwements the fcmm aThX tent of Jnts set out in the Charities {AcctyJnts and ReFotsI Regula11$ 21118 olher than any requwement that Ihe accounts gNie a ts and far thich is not a matter consKlwed as of an )deFendent examination. i the no concems arKI Itave come a¢xoss no oth¥ matters in cn1]n Imlh the examNiation to tth atten1x shwld be dfwl in this in order to enatAe a pn)Fer undetstar#JiTrJ of thè xcaunts to bè re&hed. bar Dedat Chartered A[Intant Crystal Buslness Sephc41 Um Chartered AcrA)Unts 264 Stoney Slanton Road Ctyenty. CV14FP
ON AND WELFARE TRUST COVENTrY f Flnan la ctlvitles For Year Ended 5th A rll 2023 20 - IrKomes- Renis serting Funds.Fees, L>JnaliyLq & Collections Re 9.BCKI 76.332 86,132 10,225 53.603 63,828 IGES EXPENDED ab 18.876 16,073 2070 1126 593 129 734 67 720 650 22.12 1657 417 In5U Expenses T(chatable Ex nditure OIAING RESOURCES 24.183 61,949 41,686 Fwyl E4WSat 6th Apnl 2022 FLth Bawsa 5th April 2023 298.279 255.613 360,228 298.279 L ACTIV UIN ALL FUND ARE NRE ICTED
UMAR EDUCATION AND WELFARE TRUST, COVENTRY IUEwr R•gl•tsr•d Charlty number: 1150101 Bllance Sheet A8 At 5th Aprfl 2023 Not• 2023 2022 Flx•d 188•t• Freehold Propertles 400,132 400,132 361,725 361,725 Current assets HSBC Bank PIC Cash 53,654 36,985 4,878 41,863 53,854 Current Ilablllu Oihgr Creditors Loons 858 92,700 93,558 309 105,000 105,309 Net current1Sabllltle8 {39.9041 {63.4461 Net aets REPRESEIITED BY Unrestricted IncA)me Funds Revaluation Reserve 339.196 21,032 277.247 21,032 The accounts were approved by the trustees on 3rd Septsmber2024. ..TRUSTEE ..TRUSTEE
DUCATION AND WELFARE TRUST COVENTRY NOTE_S TO THE ACCOUNTS DED UEWT i. Ac¢ountlnq Pollcl•• Tha flnlnclal 81alement8 are pr•pared In accordan¢è vAlh the Stal8m•nl ol Recommonded Prnclice 'Accounllng and Reportlng ty Charilie8' preparing Ihelr accounts in accordance wilh the Fln•nclal Reportlng Standard applicable In the UK and Republic ol Ireland IFRS 1021 Issued on 16 July 2014 and Charlll88 Act 2011 Exempllon has téon taken from prepanng a cash flow statement under'seclion 7 Slalemgnl of C88h FIow8' as Fermitted by FRS 102 on the grounds Ihal the chadty quallfie5 as a small entity. lal VOlunry Income Is received by way ol donation8 and grfts and is included in full In the Sklemenl ol Fifianclal A¢UviU88 when received. Other Income is ac¢ovnled lor on an accrual basls as far as K Is pwdenl to do 80. The value of 8arvS¢es provlded by wJlunteers has not téen Included, Ibl Resources expended artr re¢cynised In the period in which Ihey are incurred. Resources expended include attributa¢ VAT, whi¢h cannot be recovereii. Since there a no ieslri¢ted incoming resources the charty tru5tee$ are free to SFond the fvnds a$ they deem fil in the furtherance of the charitys objedives. Icl As a wislered chanty the chanty is generalty exempl from Incorne and Capitsl Gain5 TPA. bul not from VAT. Ifverabl& VAT is iftduded in the cost tsf those items to which il relates. Idl Debtors and creditor¥ Debtors and creditors with no staled interest rale and receNable or payable vrtthin one year are recorded 81 tranSactn pnce. Any losses arising from impaim*nt are recognised in expenditure. lel Provisions Pn)visions ale recognised when the charity has an oblig81ion at th& balance sheet dale as a result of a past event. il is probable that an ouffiow of econom benefi15 will be required in setuemenl and the amount can be reliabty estimated. Igl Going concem The financial statements hav• bo•n prepared on a going concem basis as Ihe Iruslees tolieve Ihat no material uncertainties exist. The trustees have consldered the level of fijnds held and the expected level of inrn8 and expondllure for 12 months from aulhorising these financial statements. The budgeted Income and expendllure Ss sufficient with the level of reserves lor the ¢hanty to be able lo conb'nue as a golng conrn. 2. Depreclatlon Polky No depCIall0n is provided on the buildingg 8ince, in the oplnion ol the Iruslees , the bulldings are staled al fair value. Small81 fixed assets and equlpmènl are wrltten off In tho accounting period n incuffed.
CATION AND WELFARETR T COVENTRY EV J. FIM41 01vi(2018j IGwnJ floorls bjnthnl pyyrty) 2ts),ti)) Ethiilon 3e,407 Alo)slpri 161,n5 400,13 Prhle Loani NJlofthns are uns#urèJ arbj ptovwded tseslfreetothech8nty. 6. Tnmto No rewntrakn expenses. th'r• or 1redy, are payaNe to any ol the truskes or to their raJrected Pth'esduiin9 it year. Ourwg the finala1 year. the entwl into a c¢ntraciw)th MrM¢thamedAsgharTth"r. is a truee olthe 'ty, lortho wovr4on oloysbjctlmihths. Thecontractwas awarded at nets'r8 oflhe board of tru¥tees fc¢a total gJnsthti¢l£38.rj)). NObknnT8m0ln$0ubIandln9 a5 5th April 2023. ThedM'orlo•ngw Mr 11thId ghar TahirS made by the bowd ollTU$te8s aftercarnfrjl ol $8wal frdctus, dingth¢trU1let'$ In tre relev8nl flek1 and IhecompebtNfj prion9 offwed. In de[dancth thethanvs conflK# ofintere8tpoh'w, MrAeghJrTahlrd•darod Intsrest and distsnced himselltrom anY¢Jis5w0n or d80'siLMah'n9wooss related to the tra. ThetyvBteesconfimithatthe rrrrfo oftheuntrgth8r8818rm'i Ind cfi norm* cfjmmoroal tms, and IW arg saUshdthalth8 trantscuon IB in the bolt Inloreilofth