**ARRAHMAN COMMUNITY AND EDUCATIONAL TRUST** (Incorporated Charity)
# **Report of the trustees and Financial Statement For the Year Ending 31 August 2020**
**Charity Commission reference Number: 1151045**
1
|**ARRAHMAN COMMUNITY AND EDUCATIONAL TRUST**|**ARRAHMAN COMMUNITY AND EDUCATIONAL TRUST**|
|---|---|
|Contents of the financial statement for the year 31 August 2020||
|**Contents**
|**Page**|
|Trustees Report
|3|
|Arrahman leadership message
|4|
|Independent examiners report
|5|
|Statement of financial activities
|6|
|Balance sheet
|7|
|Notes forming part of the
|8|
|financial statement||
2
## **ARRAHMAN COMMUNITY AND EDUCATIONAL TRUST**
# **Trustees Report**
1 Mr Ali Mussa (Chairman)
2 Mr Talib Saleh
3 Mr Zubeir Salim
4 Mr Sabri Mohammed
5 Mr Othman Juma (Secretary)
## **Registered Office**
UNIT 22 THE VILLAGE 102/110 THE HIGH STREET SLOUGH BERKSHIRE UNITED KINDGOM SL1 1HL
## **Charity Commission Registration**
No 1151045
## **Accountant**
Khamis juma
3
## **Arrahman Leadership Message**
Arrahman Community and Educational Trust set an objective to acquire its own building so that they could do more in the community and fulfil their greater ambitions of providing a place of worship, togetherness, and an educational establishment. Initially, the community leaders relied on funds brought into the community via donations, fundraisers, and events however this proved to be very gradual and long term and would not enable them to secure a deposit for the building by the set date.
This year, the trustees took a different approach in reaching the goal of acquiring a building through the process of various business investments. This is where the creation of **Arrahman Investment Group LTD,** a subsidiary company that is owned by Arrahman Community Trust was formed and approved by the trustees. The Arrahman Investment Group LTD met with several potential entrepreneurs and then made a decision to invest in the most profitable ideas by going into partnership with the business owner and receiving split shares of the profits based on the amount of money both parties put in.
The assigned directors of the investment company decided to go with the owner of Naya Travels Ltd, an established traveling agency which offers bespoke airline tickets and tour guides/locations. Arrahman Investment Group own 50% of this business and an office space with the owner at The Village, High Street Slough.
## **COVID-19**
One of the biggest challenges we have faced which has impacted our progress for the year was the Corona virus pandemic. This affected the world economically and socially as it forced many countries to go into lockdown affecting individual families and communities alike.
Arrahman adjusted to the lock down by engaging with the community through online courses and keeping in touch with members. It also allocated funds in helping charities who help feed the poor such as Pemba which is in Zanzibar. The community pulled together and when the lock down was eventually lifted the community encouraged exercise for its members through arranging football matches.
Coronavirus had an effect on the communities finances as we were unable to fundraise during Ramadan time where we collect majority of our yearly donations. Coronavirus has also affected the investments made as the airline industry has been affected but nevertheless, we will continue to adapt with the times and strive on.
4
## **Independent Examiners Report**
I report on the accounts for the year ended 31 August 2020 Respective **responsibilities of trustees and examiner**
The charity's trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5) (b) of the 2011 Act); and - to state whether particular matters have come to my attention
## **Basis of the independent examiner's report**
My 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 you as trustees concerning 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 'true and fair view ' and the report is limited to those matters set out in the statements below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and - to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Opinion**
The financial statement prepared give a true and fair view of the charity as at 31[st] August 2019 giving that the incoming resources and their application in the year then ended have been properly prepared with general direction given by the Charities Commissioner.
5
## **ARRAHMAN COMMUNITY AND EDUCATIONAL TRUST**
## **Charity No: 1151045**
## **Income Statement as at 31/08/2020**
|**Details**|**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|
||**Funds**|**Funds**||
|
**Income**|£|£|£|
|Restricted Donation|-|79,830.89|79,830.89|
|Members Donation|23000.00|-|23000.00|
|Fund raising events|4998.70|-|4998.70|
|**Total Income**|**- **|**- **|**107,829.59**|
|**Expenditure**||||
|Community Hall Rent|5040.00|-|5040.00|
|Storage|1123.20|-|1123.20|
|Insurance|508.12|-|508.12|
|Volunteers Expenses|3735.51|-|3735.51|
|Event Expenses|5479.80|-|5479.80|
|**Total Expenditure**|-||**15886.63**|
|**Surplus / Deficit**|-|**-**|**91,942.76**|
6
## **ARRAHMAN COMMUNITY AND EDUCATIONAL TRUST**
## **Charity number: 1151045**
## **Balance Sheet as at 31[st] August 2020**
**Asset Unrestricted Restricted Funds Funds** Fixed Asset - - Current Asset - - Debtors - - Cash at Bank 15886.63 91,942.76 **Liabilities** Current Liabilities 15886.63 - Long Term Liabilities - - **Net Asset** - **91,942.76 Revenue Reserve** - **91,942.76**
7
## **ARRAHMAN COMMUNITY AND EDUCATIONAL TRUST**
Notes to the financial statement for the year ended 31[st] August 2019
## **1. Accounting Policies**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of
Recommended Practice, Accounting and Reporting by Charities.
## **2. Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **3. Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **4. Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes
8