Charity registration number 1152441 (England and Wales)
AL IHSAN TRUST SRI LANKA
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
AL IHSAN TRUST SRI LANKA
LEGAL AND ADMINISTRATIVE INFORMATION
Board Of Trustees
| Board Of Trustees | Mr Nissther Annis | |
| Mr Jezri Mohideen | ||
| Mr Mohamed Haris Zainulabdeeen | ||
| Mr Altaf Zahir | ||
| Mr Ahamed Thabith Naja | ||
| Charity registration | England and Wales | 1152441 |
| Principal address | 5 Kensington Avenue | |
| Watford | ||
| Hertfordshire | ||
| United Kingdom | ||
| WD18 7RZ | ||
| Independent examiner | Reddy Siddiqui LLP | |
| 183-189 The Vale | ||
| Acton | ||
| London | ||
| United Kingdom | ||
| W3 7RW |
AL IHSAN TRUST SRI LANKA
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 11 |
AL IHSAN TRUST SRI LANKA
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The board of trustees present their annual report and financial statements for the year ended 31 March 2025.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts, the Charities Act 2011 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005.
Objectives and activities
The charity's objects are to advance education and to relieve sickness and financial hardship, and to promote and preserve good health by the provision of funds, goods or services of any kind to Sri Lanka.
The board of trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
The activities of the charity during the year included raising donations for School kit distribution, Orphan sponsorship, Dry ration distribution, Hafiz Sponsorship, Religious sacrifice (qurbani), Medical distribution and Zakath distribution.
Achievements and performance
The charity was able to raise donations for the charitable causes it supports. The trustees consider the level of donations received to be in line with the expected levels for the year.
The charity has therefore been able to achieve its objectives including enriching Education, The Advancement of Healthcare, helping out the Disabled, The Prevention or Relief of Poverty in the selected geographical locations the charity operates.
Lives and Providing for the disabled
Medical distribution program was carried out via the partners in Sri Lanka to provide necessary medical equipment for identified medical facilities in Sri Lanka. Basic medical facilities including first aid kits were provided to communities with the aim of enhancing healthcare sector in Sri Lanka.
The Prevention Or Relief of Poverty
Dry Ration distribution programs were held with the intention of aiding citizens struggling from the ongoing economic crisis in Sri Lanka. Dry Rations were distributed for over 1000 families in the course of the year.
During the month of Ramadan, Zakat distribution programme was carried out where Zakat eligible individuals and families were identified and aid was provided for such families in order with the aim of uplifting their living standards.
The Annual qurbani distribution program was held in the month of Dhul-Hajj which was able to identify rural areas and provide qurbani to families requiring such aid.
Enhancing Education & training
The charity was able to enhance education via multiple programs including school kit distribution for identified school kids in Sri Lanka via our partners. The charity is continuing its successful program in along with its partner orphans in need in sponsoring for their education. This has enhanced the educational status of students in rural areas.
Hafiz sponsorship program was also carried out during the year, where sponsorships were provided students after screening in providing the necessary facilities for them to complete the Hafiz course.
Financial review
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AL IHSAN TRUST SRI LANKA
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
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AL IHSAN TRUST SRI LANKA
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF AL IHSAN TRUST SRI LANKA
I report to the board of trustees on my examination of the financial statements of Al Ihsan Trust Sri Lanka (the charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the board of trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements 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. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.
I 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.
Reddy Siddiqui LLP
183-189 The Vale Acton London W3 7RW United Kingdom 29 January 2026
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AL IHSAN TRUST SRI LANKA
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted | Unrestricted | Restricted | Restricted | Total | Unrestricted | Unrestricted | Restricted | Restricted | Total | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||||||||
| 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | |||||||||
| Notes | £ | £ | £ | £ | £ | £ | ||||||||
| Income from: | ||||||||||||||
| Donations and legacies | 3 | - | - | - | 25 | - | 25 | |||||||
| Charitable activities | 4 | - | 192,716 | 192,716 | - | 121,010 | 121,010 | |||||||
| Total income | - | 192,716 | 192,716 | 25 | 121,010 | 121,035 | ||||||||
| Expenditure on: | ||||||||||||||
| Raising funds | 5 | 1,021 | - | 1,021 | 1,020 | - | 1,020 | |||||||
| Charitable activities | 6 | - | 198,563 | 198,563 | - | 103,286 | 103,286 | |||||||
| Other expenditure | 9 | 858 | - | 858 | 858 | - | 858 | |||||||
| Total expenditure | 1,879 | 198,563 | 200,442 | 1,878 | 103,286 | 105,164 | ||||||||
| Net income/(expenditure) | (1,879) | (5,847) | (7,726) | (1,853) | 17,724 | 15,871 | ||||||||
| Transfers between | ||||||||||||||
| funds | 1,879 | (1,879) | - | 1,432 | (1,432) | - | ||||||||
| Net movement in | ||||||||||||||
| funds | - | (7,726) | (7,726) | (421) | 16,292 | 15,871 | ||||||||
| Reconciliation of funds: | ||||||||||||||
| Fund balances at 1 April | 2024 | - | 90,854 | 90,854 | 421 | 74,562 | 74,983 | |||||||
| Fund balances at 31 March | ||||||||||||||
| 2025 | - | 83,128 | 83,128 | - | 90,854 | 90,854 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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AL IHSAN TRUST SRI LANKA BALANCE SHEET AS AT 31 MARCH 2025 202S 2024 Not•• Curf•nl •JJ•ti C81h ai bank and In hwxl 91,712 Crndltorn: •mounts 14lllng du• wlth om y•ar 11 Il•t ¢wr•nt asi•t• 83,128 90,854 Tha lunds ol th• charfty Reslncied Inccrn• funas 12 83,128 1.854 83,12 90,8Y Th• m•rt• w•r• •pwov•d by th• board ol trust•e$ cm 29 Jw 2Q26 Aham•d Tmbrth N4• TnJ•tq•
AL IHSAN TRUST SRI LANKA
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
Charity information
Al Ihsan Trust Sri Lanka is a Charity based in England & Wales.
1.1 Basis of preparation
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the board of trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the board of trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the board of trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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AL IHSAN TRUST SRI LANKA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
1.5 Expenditure
Expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all costs relating 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.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.7 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the board of trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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AL IHSAN TRUST SRI LANKA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
3 Income from donations and legacies
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Donations and gifts | - | 25 |
- 4 Charitable activities
| Orphan | Qurbani and | Food relief | Water Pump, | Total | Total | |
|---|---|---|---|---|---|---|
| sponsorship | Zakath | Education and | 2025 | 2024 | ||
| Healthcare | ||||||
| 2025 | 2025 | 2025 | 2025 | |||
| £ | £ | £ | £ | £ | £ | |
| Charitable activities | 69,450 | 12,570 | 55,962 | 54,734 | 192,716 | 121,010 |
- 5 Expenditure on raising funds
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Fundraising and publicity | ||
| Seeking donations, grants and legacies | 216 | 216 |
| Telephone | 168 | 159 |
| Other fundraising costs | 137 | 146 |
| Support costs | 500 | 499 |
| 1,021 | 1,020 |
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AL IHSAN TRUST SRI LANKA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
6 Expenditure on charitable activities
| Orphan | Qurbani and |
Qurbani and |
Qurbani and |
Food reliefWater pump, |
Food reliefWater pump, |
Food reliefWater pump, |
Food reliefWater pump, |
Total | Orphan | Qurbani and |
Qurbani and |
Qurbani and |
Food relief |
Food relief |
Total | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| sponsorship | Zakaat | Education | sponsorship | Zakaat | ||||||||||||||||
| and | ||||||||||||||||||||
| Healthcare | ||||||||||||||||||||
| 2025 | 2025 | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | 2024 | ||||||||||||
| £ | £ | £ | £ | £ | £ | £ | £ | £ | ||||||||||||
| Direct costs | ||||||||||||||||||||
| Charitable expenditure | 53,337 | 12,580 | 103,630 | 29,016 | 198,563 | 54,002 | 6,640 | 42,644 | 103,286 | |||||||||||
| Analysis by fund | ||||||||||||||||||||
| Restricted funds | 53,337 | 12,580 | 103,630 | 29,016 | 198,563 | 54,002 | 6,640 | 42,644 | 103,286 |
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AL IHSAN TRUST SRI LANKA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
7 Board Of Trustees
None of the board of trustees (or any persons connected with them) received any remuneration during the year.
8 Employees
The average monthly number of employees during the year was:
| The average monthly number of employees during the year was: | |||
|---|---|---|---|
| 2025 | 2024 | ||
| Number | Number | ||
| Total | - | - | |
| There were no employees whose annual remuneration was more than £60,000. |
9 Other
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Fees payable for the independent examination of the charity's financial | ||
| statements | 858 | 858 |
10 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
11 Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Accruals and deferred income | 858 | 858 |
12 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At | 1 April | Incoming | Resources | Transfers | At | 31 March |
|---|---|---|---|---|---|---|
| 2024 | resources | expended | 2025 | |||
| £ | £ | £ | £ | £ | ||
| 90,854 | 192,716 | (198,563) | (1,879) | 83,128 |
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AL IHSAN TRUST SRI LANKA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 12 | Restricted funds | (Continued) | (Continued) | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Previous year: | At | 1 April | Incoming |
Resources |
Transfers |
At 31 March | ||||||
| 2023 | resources | expended | 2024 | |||||||||
| £ | £ | £ | £ | £ | ||||||||
| 74,562 | 121,010 | (103,286) | (1,432) | 90,854 | ||||||||
| 13 | Analysis of net assets between | funds | ||||||||||
| Restricted | ||||||||||||
| funds | ||||||||||||
| 2025 | ||||||||||||
| £ | ||||||||||||
| At 31 March 2025: | ||||||||||||
| Current assets/(liabilities) | 83,128 | |||||||||||
| 83,128 | ||||||||||||
| Restricted | ||||||||||||
| funds | ||||||||||||
| 2024 | ||||||||||||
| £ | ||||||||||||
| At 31 March 2024: | ||||||||||||
| Current assets/(liabilities) | 90,854 | |||||||||||
| 90,854 |
14 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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