**Charity number: 1152044** ## **JAMIA IHSANIA** **Trustees' report and financial statements** **for the year ended 31 March 2023** ## **JAMIA IHSANIA** ## **Contents** ||**Page**| |---|---| |Legal and administrative information|**1**| |Trustees report|**2 - 3**| |Statement of financial activities|**4**| |Balance sheet|**5**| |Notes to the financial statements|**6 - 7**| ## **JAMIA IHSANIA** ## **Legal and administrative information** **Charity number** 1152044 **Business address** 10a HENSHAW RD SMALL HEATH BIRMINGHAM B10 0TB **Trustees** HAKEEMULLAH JAN Harisullah Jan Arshad Mahmood **Page 1** ## **JAMIA IHSANIA** ## **Report of the trustees** ## **for the year ended 31 March 2023** The trustees present their report and the financial statements for the year ended 31 March 2023. The trustees who served during the year and up to the date of this report are set out on page 1. ## **Structure, governance and management** ## **Objectives and activities** General Charitable Purposes Education/training The Advancement Of Health Or Saving Of Lives Disability The Prevention Or Relief Of Poverty Overseas Aid/famine Relief Religious Activities Human Rights/religious Or Racial Harmony/equality Or Diversity ## **Achievements and performance** ## **Financial review** ## **Statement of trustees' responsibilities** The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other **Page 2** ## **JAMIA IHSANIA** ## **Report of the trustees for the year ended 31 March 2023** On behalf of the board ## HAKEEMULLAH JAN **Trustee** 8 January 2024 **Page 3** ## **JAMIA IHSANIA** ## **Statement of financial activities** ## **For the year ended 31 March 2023** |**Unrestricted**
**funds**
**Notes**
**£**
**Incoming resources**
Incoming resources from generating funds:
Voluntary income
2
26,052
**Total incoming resources**
26,052
**Resources expended**
Purchases
500
Establishment costs
3,100
Accountancy fees
350
Other office expenses
-
**Total resources expended**
3,950
Total funds brought forward
28,853
**Total funds carried forward**
50,955|**2023**
**Total**
**£**
26,052
26,052
500
3,100
350
-
3,950
28,853
50,955|**2022**
**Total**
**£**
14,563| |---|---|---| |||14,563| |||900
-
350
169| |||1,419| |||15,709| |||28,853| The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities. **The notes on pages 6 to 7 form an integral part of these financial statements.** **Page 4** ## **JAMIA IHSANIA** ## **Balance sheet as at 31 March 2023** |**Notes**
**Current assets**
Cash at bank and in hand
**Net current assets**
**Net assets**
**Funds**
4
Unrestricted income funds
**Total funds**|**2023**
**£**
**£**
50,954
50,954
50,954
50,954
50,954
50,954|**2022**
**£**
**£**
28,853
28,853
28,853
28,853
28,853
28,853|**2022**
**£**
**£**
28,853
28,853
28,853
28,853
28,853
28,853| |---|---|---|---| ||||28,853| ||||28,853| ||||28,853| The financial statements were approved by the trustees on 8 January 2024 and signed on its behalf by ## **HAKEEMULLAH JAN Trustee** **The notes on pages 6 to 7 form an integral part of these financial statements.** **Page 5** ## **JAMIA IHSANIA** ## **Notes to financial statements for the year ended 31 March 2023** ## **1. Accounting policies** The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year. ## **1.1. Basis of accounting** The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the Charities Act 1993. ## **1.2. Cashflow** The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity. ## **1.3. Incoming resources** All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Voluntary income is received by way of grants, donations and gifts 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 recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included. Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold. ## **1.4. Resources expended** Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. ## **2. Voluntary income** |**Unrestricted**
**funds**
**£**
Donations
26,052
26,052|**2023**
**Total**
**£**
26,052
26,052|**2022**
**Total**
**£**
14,563| |---|---|---| |||14,563| **Page 6** ## **JAMIA IHSANIA** ## **Notes to financial statements for the year ended 31 March 2023** ## **3. Employees** ## **Employment costs** No salaries or wages have been paid to employees, including the trustees, during the year. ## **Number of employees** The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of full time equivalents, was as follows: ||full time equivalents, was as follows:||||| |---|---|---|---|---|---| |||||**2023**|**2022**| |||||**Number**|**Number**| |**4.**|**Analysis of net assets between funds**||||| |||||**Unrestricted**|**Total**| |||||**funds**|**funds**| |||||**£**|**£**| ||Fund balances at 31 March 2023 as represented by:||||| ||Current assets|||50,954|50,954| |||||50,954|50,954| |**5.**|**Unrestricted funds**|**At**|||**At**| |||**1 April 2022**|**Incoming**|**Outgoing31**|**March 2023**| |||**2022**|**resources**|**resources**|**2023**| |||**£**|**£**|**£**|**£**| ||Description for Unrestricted Fund 1|28,853|26,052|)
(3,951|50,954| **Page 7** ## **JAMIA IHSANIA** **The following pages do not form part of the statutory accounts.** ## **JAMIA IHSANIA** ## **Detailed statement of financial activities** ## **For the year ended 31 March 2023** |**Incoming resources**
**Incoming resources from generating funds:**
_Voluntary income_
Donations
**Total incoming resources from generating funds**
**Total incoming resources**
**Resources expended**
**Costs of generating funds:**
**Cost of generating voluntary income**
_Donations_
Donations - Direct costs
Donations - Establishment - Repairs & maintenance
Donations - Professional - Accountancy fees
Donations - Office - Other
**Total cost of generating voluntary income**
**Fundraising trading:**
**cost of goods sold and other costs**
**Total costs of generating funds**|**2023**
**£**
**£**
26,052
26,052
26,052
26,052
500
3,100
350
-
3,950
3,950
3,950|**2022**
**£**
**£**
14,563
14,563
14,563
14,563
900
-
350
169
1,419
1,419
1,419|**2022**
**£**
**£**
14,563
14,563
14,563
14,563
900
-
350
169
1,419
1,419
1,419| |---|---|---|---| ||||14,563| ||||14,563| ||||14,563| ||||1,419| ||||1,419| ||||1,419| **Page 9** ## **JAMIA IHSANIA** ## **Detailed statement of financial activities** ## **For the year ended 31 March 2023** |**Charitable activities**
**Governance costs**
_Activities undertaken directly_
Office expenses - Other
**Total governance costs**
**Net incoming/(outgoing) resources for the year**|**2023**
**£**
1
1
1
22,101|**2022**
**£**
-
-
-
13,144|**2022**
**£**
-
-
-
13,144| |---|---|---|---| ||||-| ||||13,144| **Page 10**