**REGISTERED COMPANY NUMBER: 08190134 (England and Wales) REGISTERED CHARITY NUMBER: 1153029**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 FOR**
## **THE EDEN FOUNDATION HUDDERSFIELD**
Revell Ward Limited Bates Mill Colne Road Huddersfield HD1 3AG
**THE EDEN FOUNDATION HUDDERSFIELD**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|5|
|**Independent Examiner's Report**||6||
|**Statement of Financial Activities**||7||
|**Balance Sheet**|8|to|9|
|**Cash Flow Statement**||10||
|**Notes to the Cash Flow Statement**||11||
|**Notes to the Financial Statements**|12|to|20|
|**Detailed Statement of Financial Activities**|21|to|22|
**THE EDEN FOUNDATION HUDDERSFIELD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2023. The trustees have adopted the provisions of 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) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The Charity was established to facilitate numerous projects in the Muslim Community to bring about improvements in areas such as community cohesion and excelling Muslim Character.
The Charity's Vision is 'to take a fresh look at addressing the interests and the concerns of the Muslims in Huddersfield and Inshallah by doing so enabling people to fulfil their potential as envisaged by their Creator.'
The Charity's Mission Statement is 'to nurture and grow the seed of faith, creating people with upright and noble character, based on the teaching and methodology of the prophet Muhammad (pbuh).'
Since its inception, The Eden Foundation Huddersfield's focus has been on providing education to individuals from diverse backgrounds and demographics and providing services including worship facilities and community support.
There are a number of measures used across the charity to assess the success of its aims and objectives. These are:
-The performance of services, measured by the number of individuals who use the services and the effectiveness of the delivery
-Expansion of current services and introduction of new services
-Fundraising activity to support the charity and services
## **Public benefit**
The trustees have given due consideration to Charity Commission published Guidance on the operation of the Public Benefit requirement.
1
**THE EDEN FOUNDATION HUDDERSFIELD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023**
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
## **The Maktab**
The supplementary school was established in 2012 with approximately 80 students. To date, the supplementary school has 350 students.
The educational programme consists of three broad subject areas. Firstly, the acquisition of classical Arabic, secondly a moral and spiritual education and thirdly children learn the importance of community, citizenship and what it means to be a part of society.
The curriculum continued to be enhanced by embedding the learning received by students both from a knowledge and a practical perspective.
## **Al-Ihsan**
The charity runs various courses/seminars for adults and junior classes aimed at 14 to 18 years old.
During the year the charity continued to deliver annual run courses along with new courses and seminars.
In addition the charity has provided various publications including Ramadhan packs, annual magazines, leaflets etc.
## **Eden Health**
Eden Health organises a wide range of seminars and conferences throughout the year in collaboration with other local groups and organisations. There is a particular focus on educating healthcare staff in regards to understanding Islamic beliefs in order to deliver care that is culturally sensitive and meets both the physical and spiritual needs. Topics such as medical ethics, dietary requirements, the prayer, organ donation and end of life care are just a few of the areas that have been addressed.
Eden Health also aims to help the community engage in a more productive and proactive manner with healthcare providers, enabling dialogue and partnership working to pave the path towards effective models of holistic care.
## **Eden Welfare**
Eden Welfare was launched in 2017 to support directly the local community and, through partner charities, the international community.
The charity supported 20 families with monthly drops throughout the year in the local area providing essentials such as food and clothing as required. A further 40 families were supported through the Fair Share initiative.
During Ramadhan the charity raised in excess of £100,000 for the international communities, helping families with housing, food, water facilities, orphan and widow support. This was delivered through partner charities.
The food bank that was opened at the start of the Covid 19 pandemic continued to support the local community in partnership with Kirklees Council.
## **North Star**
North Star is our youth development project. Participants have achieved Duke of Edinburgh Silver award and are working towards their Gold award.
## **Fundraising activities**
The Charity has a robust governance model and process in place for fundraising activities to ensure all legal and ethical aspects are met. All fundraising is managed and run in house with no external fundraiser organisations or individuals involved. The charity has received no complaints regarding fundraising in the year.
The Charity undertakes a sympathetic and engaging approach to fundraising ensuring there is no negative impact to members of the public, especially the vulnerable. All staff are regularly trained on fundraising matters.
2
**THE EDEN FOUNDATION HUDDERSFIELD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023**
## **ACHIEVEMENT AND PERFORMANCE**
## **Review of performance**
The Maktab and Al Ishan services have seen demand increasing each year, delivering increasing number of courses for our adult programmes and providing more places for the supplementary school. Attendance has increased, with all courses and places fully subscribed.
During the year, the Charity has been able, through the Sponsorship program, to support numerous individuals who have enrolled onto our Partner-run educational programme. The Teacher Training programme has been very successful with high uptake. The programme is now being piloted in several countries.
With the impact of COVID on the local community, the Charity was able to expand the delivery of food into a fully fledged Food Bank in partnership with Kirklees.
## **FINANCIAL REVIEW**
## **Principal funding sources**
The majority of the charity's funds are from donations and loans provided by users of the charity and members of the local community. This is supplemented by income from the charitable activities.
## **Financial position at the reporting date**
The charity continues to grow year on year in terms of the number of students attending classes and the variety of services that are provided to members of the community. In order to provide these services the charity has looked into sources of income that would allow the charity to sustain itself through donations and income-earning activities. For the donations we have put in place various annual fundraising events such as annual dinners, car washes, Ramadan events etc. The community support has substantially increased with in excess of sixty volunteers helping out across various events.
## **Reserves policy**
The reserves policy is to maintain free reserves and bank balances sufficient to cover at least three months' running costs. The total unrestricted reserves held by the charity at the balance sheet date is £1,197,134, of which unrestricted cash at bank and in hand amounted to £118,241.
## **Significant events**
Paddock Village Hall was purchased in the year with renovations started in mid 2023. The new site will allow the charity to expand its educational services in a new community with limited facilities. In January 2024, an Early Years Nursery will open its doors as the first service, with further services and community space planned in the future.
The cost of living crisis and rise in living wage has impacted both donations and costs during the year, this continues to put pressure on the charity. We proactively engage with the community and our service users to support the charity. Additionally we are continuously reviewing internal practices to ensure we are running optimally whilst maintaining the quality services that our users expect.
## **FUTURE PLANS**
As the charity embarks on a continuous process of expanding and enhancing current activities, new initiatives are reviewed frequently that would support the charity's objectives and the needs of the community. These new initiatives include early learning for children under 5 years and tuition-based education focussed for 7+ age group. The charity also will embark on offering bereavement services, providing support for families who have lost loved ones
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The governing instrument under which the company operates is its Memorandum and Articles of Association dated 23 August 2012.
The charity is a company limited by guarantee, as defined by the Companies Act 2006. The liability of the members is limited to £10 each. Accumulated funds are not distributed to the members.
3
**THE EDEN FOUNDATION HUDDERSFIELD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Recruitment and appointment of new trustees**
The Members have the power to appoint new Trustees, and the Trustees have the power to appoint up to three Co-opted Trustees, subject to the number of Trustees who are employees of the Charity not exceeding one third of the total number of Trustees.
The charity has in place procedures for recruitment , induction and training of Trustees. Any new Trustee would go through a 6 month induction programme, taking a top down approach for introducing the new Trustee to the Charity. As part of the induction, full training is provided in all aspects to ensure a smooth transition.
## **Management and organisation**
The Trustees are responsible for the strategic direction and overseeing of all activities run by the charity.
In pursuit of efficient and effective management, the Trustees have set up management teams and lead resources for each project. These teams/leads oversee the day to day running of each project and report directly to the Trustees.
The charity has two subsidiaries, TEF Honeybee Ltd through which Honeybee Childcare is run, and Cleverbee Services Ltd from which tuition services are delivered.
## **Risk management**
The Trustees have pursued various methods to safeguard the charity from potential risks. This includes ensuring that finances are rigorously reviewed and properly managed. In conjunction to this and in line with best practice, the Trustees have put into place appropriate policies and procedures. For instance the Safeguarding and Child Protection policy acts as an important frame of reference when recruiting teachers and volunteers for the supplementary school, and by extension the charity. This means that all individuals who are involved with the charity are required to submit an enhanced DBS check. Other core policies include Health and Safety, Fire Safety and Data Protection.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
08190134 (England and Wales)
## **Registered Charity number**
1153029
## **Registered office**
The Eden Centre 35 Dryclough Road Huddersfield HD4 5HY
## **Trustees**
M A Mukhtar I Hussain M A Manzoor
The trustees are appointed by other members agreeing unanimously in writing to appoint such additional members as they think fit.
## **Independent Examiner**
Jennifer Davies FCA qualified member of ICAEW Revell Ward Limited Bates Mill Colne Road Huddersfield HD1 3AG
4
**THE EDEN FOUNDATION HUDDERSFIELD**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2023**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Bankers**
HSBC UK 2 Cloth Hall Street Huddersfield HD1 2ES
## **QUALIFYING THIRD PARTY INDEMNITY PROVISIONS**
The company purchased insurance for liabilities incurred by its directors in carrying out their duties.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
17/01/2024
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ M A Mukhtar - Trustee
5
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE EDEN FOUNDATION HUDDERSFIELD**
## **Independent examiner's report to the trustees of The Eden Foundation Huddersfield ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2023.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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 accounts to be reached.
Jennifer Davies FCA qualified member of ICAEW
Revell Ward Limited Bates Mill Colne Road Huddersfield HD1 3AG
17/01/2024 Date: .............................................
6
**THE EDEN FOUNDATION HUDDERSFIELD**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2023**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
3
**Charitable activities**
4
Provision of education
Other income
**Total**
**EXPENDITURE ON**
Raising funds
5
**Charitable activities**
6
Provision of education
Governance costs
Eden Welfare
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
321,263
168,210
1,847
491,320
5,899
522,760
1,300
-
529,959
(38,639)
1,235,773
1,197,134|Restricted
fund
£
133,821
-
-
133,821
-
-
-
135,237
135,237
(1,416)
7,660
6,244|31.8.23
Total
funds
£
455,084
168,210
1,847
625,141
5,899
522,760
1,300
135,237
665,196
(40,055)
1,243,433
1,203,378|31.8.22
Total
funds
£
398,365
159,799
1,545|
|---|---|---|---|---|
|||||559,709|
|||||3,253
357,086
1,205
179,469|
|||||541,013|
|||||18,696
1,224,737|
|||||1,243,433|
The notes form part of these financial statements
7
## **THE EDEN FOUNDATION HUDDERSFIELD**
## **BALANCE SHEET 31 AUGUST 2023**
|Notes
**FIXED ASSETS**
Tangible assets
13
Investments
14
**CURRENT ASSETS**
Stocks
15
Debtors: amounts falling due within one year
16
Debtors: amounts falling due after more than one
year
16
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
17
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year
18
**NET ASSETS**
**FUNDS**
20
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
fund
£
1,613,615
2
1,613,617
3,256
47,150
90,000
118,241
258,647
(87,130)
171,517
1,785,134
(588,000)
1,197,134|Restricted
fund
£
-
-
-
-
-
-
6,244
6,244
-
6,244
6,244
-
6,244|31.8.23
Total
funds
£
1,613,615
2
1,613,617
3,256
47,150
90,000
124,485
264,891
(87,130)
177,761
1,791,378
(588,000)
1,203,378|31.8.22
Total
funds
£
1,139,726
1
1,139,727
3,256
41,073
80,000
186,829
311,158
(75,452)
235,706
1,375,433
(132,000)
1,243,433
1,235,773
7,660
1,243,433|
|---|---|---|---|---|
||||1,197,134
6,244
1,203,378||
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
8
**THE EDEN FOUNDATION HUDDERSFIELD**
**BALANCE SHEET - continued 31 AUGUST 2023**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 17/01/2024
............................................. M A Mukhtar - Trustee
The notes form part of these financial statements
9
**THE EDEN FOUNDATION HUDDERSFIELD**
## **CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2023**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash (used in)/provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Purchase of fixed asset investments
Loan with subsidiary
Net cash used in investing activities
**Cash flows from financing activities**
New loans in year
Loan repayments in year
Net cash provided by financing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|31.8.23
£
(10,423)
(10,423)
(468,120)
(1)
(8,800)
(476,921)
450,000
(25,000)
425,000
(62,344)
186,829
124,485|31.8.22
£
71,871
71,871
(16,449)
-
(25,000)
(41,449)
47,000
(15,000)
32,000
62,422
124,407
186,829|
|---|---|---|
The notes form part of these financial statements
10
**THE EDEN FOUNDATION HUDDERSFIELD**
## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2023**
## **1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**OPERATING ACTIVITIES**||||
|---|---|---|---|
|||31.8.23|31.8.22|
|||£|£|
|**Net (expenditure)/income for the reporting period (as per the**||||
|**Statement of Financial Activities)**||(40,055)|18,696|
|**Adjustments for:**||||
|Depreciation charges||41,476|35,908|
|Loss on disposal of fixed assets||170|-|
|Loan transferred to donations||(5,000)|-|
|Increase in stocks||-|(3,256)|
|(Increase)/decrease in debtors||(7,277)|11,260|
|Increase in creditors||263|9,263|
|**Net cash (used in)/provided by operations**||(10,423)|71,871|
|**ANALYSIS OF CHANGES IN NET FUNDS/(DEBT)**||||
||At 1.9.22|Cash flow|At 31.8.23|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|186,829|(62,344)|124,485|
||186,829|(62,344)|124,485|
|**Debt**||||
|Debts falling due within 1 year|(45,000)|36,000|(9,000)|
|Debts falling due after 1 year|(132,000)|(456,000)|(588,000)|
||(177,000)|(420,000)|(597,000)|
|**Total**|9,829|(482,344)|(472,515)|
## **2. ANALYSIS OF CHANGES IN NET FUNDS/(DEBT)**
The notes form part of these financial statements
11
**THE EDEN FOUNDATION HUDDERSFIELD**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023**
## **1. STATUTORY INFORMATION**
The Eden Foundation Huddersfield is a charitable private company limited by guarantee, registered in England and Wales. The charitable company's registered number and registered office address can be found in the trustees' report.
## **COMPLIANCE WITH THE CHARITIES SORP (FRS102)**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **2. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The trustees carefully manage the charity's working capital and prioritise spending to ensure that the charity is sustainable at the same time as meeting its charitable objectives. Loan providers are very sympathetic to the charity and have in the past extended concessionary loans. The trustees have therefore continued to prepare the financial statements on a going concern basis.
The presentation currency of the financial statements is the Pound Sterling (£).
## **Preparation of consolidated financial statements**
The financial statements contain information about The Eden Foundation Huddersfield as an individual charity and do not contain consolidated financial information as the parent of a group. The charity is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Income included within charitable activities is the amount derived from the provision of goods/services stated after any trade discounts.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.
## **Tangible fixed assets**
Tangible fixed assets are initially measured at cost. After initial recognition, tangible assets are measured at cost less any accumulated depreciation and any impairment losses. Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property 2% on cost Fixtures and fittings 25% on cost Motor vehicles 25% on reducing balance Computer equipment 33% on cost
12
**THE EDEN FOUNDATION HUDDERSFIELD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2023**
## **2. ACCOUNTING POLICIES - continued**
## **Tangible fixed assets**
Capitalisation of items of any value occurs when the charity will receive economic benefit of an item over more than one year. Freehold land is not depreciated.
A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the Statement of Financial Activities.
## **Fixed asset investments**
Fixed asset investments are stated at cost.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Eden Welfare fund was introduced in 2017 to help refugees and offer international support. Funds raised in respect of this are restricted in nature.
All of the company's remaining funds are unrestricted and can be used in accordance with the charitable objectives at the discretion of the trustees.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Donated goods and services**
Donated services or facilities are recognised when the Charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the item is probable and that economic benefit can be measured reliably.
Donated professional services and facilities are included in income at the estimated value of the gift to the Charity when received, based on the amount that the Charity would have been prepared to pay for these services or facilities had it been required to purchase them, with a corresponding entry in the appropriate expenditure heading for the same amount. Donated fixed assets are similarly taken to income at the value to the Charity with the other entry being capitalised in fixed assets.
## **Financial instruments**
Short term financial assets are measured at transaction price.
Long term financial assets which constitute interest free loans made are measured at transaction price adjusted for any repayments, and adjusted to the settlement amount if the loan or part of the loan is waived.
Short term financial liabilities including interest free loans received are measured at transaction price.
Long term financial liabilities which constitute interest free loans received are measured at transaction price adjusted for any repayments, and adjusted to the settlement amount if the loan or part of the loan is waived.
13
**THE EDEN FOUNDATION HUDDERSFIELD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2023**
## **3. DONATIONS AND LEGACIES**
|**DONATIONS AND LEGACIES**|||
|---|---|---|
|Donations
Gift aid|31.8.23
£
415,456
39,628
455,084|31.8.22
£
363,839
34,526|
|||398,365|
The charity benefits from unpaid general volunteers helping out across various events. The volunteers come from a wide range of professional backgrounds and some from within the education sector. The charity has not recognised the cost of general volunteers in the accounts.
## **4. INCOME FROM CHARITABLE ACTIVITIES**
|Activity
Provision of education
Provision of education
**RAISING FUNDS**
**Raising donations and legacies**
Fundraising costs|31.8.23
£
168,210
31.8.23
£
5,899|31.8.22
£
159,799|
|---|---|---|
|||31.8.22
£
3,253|
## **5. RAISING FUNDS**
## **6. CHARITABLE ACTIVITIES COSTS**
|Provision of education
Governance costs
Eden Welfare|Direct
Costs (see
note 7)
£
336,195
-
135,237
471,432|Support
costs (see
note 8)
£
186,565
1,300
-
187,865|Totals
£
522,760
1,300
135,237|
|---|---|---|---|
||||659,297|
14
**THE EDEN FOUNDATION HUDDERSFIELD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2023**
## **7. DIRECT COSTS OF CHARITABLE ACTIVITIES**
|Staff costs
Rent
Ramadan - sundry
Adult education - sundry
Child education - sundry
Donation payments
Sponsorship program
Community donations of goods
Training|31.8.23
£
245,733
6,391
2,638
1,300
6,088
182,156
19,000
7,876
250
471,432|31.8.22
£
194,610
4,516
-
2,025
7,043
180,996
6,000
-
-|
|---|---|---|
|||395,190|
## **8. SUPPORT COSTS**
|**SUPPORT COSTS**|||
|---|---|---|
|Management
£
Provision of education
18,501
Governance costs
-
18,501|Governance
Premises Administration
costs
£
£
£
149,946
13,843
4,275
-
-
1,300
149,946
13,843
5,575|Totals
£
186,565
1,300|
|||187,865|
## **9. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||31.8.23|31.8.22|
|---|---|---|
||£|£|
|Depreciation - owned assets|41,476|35,908|
|Deficit on disposal of fixed assets|170|-|
|Independent examiner's remuneration|1,300|1,205|
In addition to the above, £6,652 (2022 - £4,696) was paid to the independent examiner in relation to other professional services.
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2023 nor for the year ended 31 August 2022.
No trustee received any payment from the charitable company in respect of their role as trustee.
I Hussain has been paid for consultancy services amounting to £22,777 (2022 - £22,426).
Rent of £6,391 (2022 - £4,516), of which £1,875 (2022 - £9,046) was outstanding at the balance sheet date, was paid relating to the lease of land used as a car park by the Charity. This lease is held by a company owned by M A Manzoor, a trustee of the charity. The amount paid covered the cost of the lease due by that company to Kirklees Council.
15
**THE EDEN FOUNDATION HUDDERSFIELD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2023**
## **10. TRUSTEES' REMUNERATION AND BENEFITS - continued**
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2023 nor for the year ended 31 August 2022.
## **11. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Total|31.8.23
£
261,592
1,389
1,253
264,234
31.8.23
37|31.8.22
£
210,943
93
1,476
212,512
31.8.22
35|
|---|---|---|
No employees received emoluments in excess of £60,000.
|**12.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
247,434
**Charitable activities**
Provision of education
159,799
Other income
1,545
**Total**
408,778
**EXPENDITURE ON**
Raising funds
3,253
**Charitable activities**
Provision of education
357,086
Governance costs
1,205
Eden Welfare
-
**Total**
361,544
**NET INCOME/(EXPENDITURE)**
47,234
**RECONCILIATION OF FUNDS**
Total funds brought forward
1,188,539|
Restricted
fund
£
150,931
-
-
150,931
-
-
-
179,469
179,469
(28,538)
36,198|Total
funds
£
398,365
159,799
1,545|
|---|---|---|
|||559,709|
|||3,253
357,086
1,205
179,469|
|||541,013|
|||18,696
1,224,737|
16
**THE EDEN FOUNDATION HUDDERSFIELD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2023**
## **12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
1,235,773|Restricted
fund
£
7,660|Total
funds
£|
|---|---|---|---|
||||1,243,433|
## **13. TANGIBLE FIXED ASSETS**
|Freehold
property
£
**COST**
At 1 September 2022
1,303,528
Additions
512,587
Disposals
-
At 31 August 2023
1,816,115
**DEPRECIATION**
At 1 September 2022
182,758
Charge for year
35,318
Eliminated on disposal
-
At 31 August 2023
218,076
**NET BOOK VALUE**
At 31 August 2023
1,598,039
At 31 August 2022
1,120,770
**FIXED ASSET INVESTMENTS**
**COST LESS IMPAIRMENT**
At 1 September 2022
Additions
At 31 August 2023
**NET BOOK VALUE**
At 31 August 2023
At 31 August 2022|Fixtures
and
fittings
£
79,249
1,853
(227)
80,875
73,614
2,437
(57)
75,994
4,881
5,635|Motor
vehicles
£
23,500
-
-
23,500
10,281
3,305
-
13,586
9,914
13,219|Computer
equipment
£
9,455
1,095
-
10,550
9,353
416
-
9,769
781
102|Totals
£
1,415,732
515,535
(227)
1,931,040
276,006
41,476
(57)
317,425
1,613,615
1,139,726
Shares in
group
undertakings
£
1
1
2
2
1|
|---|---|---|---|---|
## **14. FIXED ASSET INVESTMENTS**
There were no investment assets outside the UK.
17
**THE EDEN FOUNDATION HUDDERSFIELD**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2023**
|**15.**|**STOCKS**|||
|---|---|---|---|
|||31.8.23|31.8.22|
|||£|£|
||Stocks|3,256|3,256|
|**16.**|**DEBTORS**|||
|||31.8.23|31.8.22|
|||£|£|
||Amounts falling due within one year:|||
||Amounts owed by group undertakings|-|1,200|
||Gift Aid claim|36,902|32,201|
||Prepayments and accrued income|10,248|7,672|
|||47,150|41,073|
||Amounts falling due after more than one year:|||
||Amounts owed by group undertakings|90,000|80,000|
||Aggregate amounts|137,150|121,073|
|**17.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||31.8.23|31.8.22|
|||£|£|
||Other loans (see note 19)|9,000|45,000|
||Trade creditors|36,283|-|
||Social security and other taxes|-|1,010|
||Other creditors|-|214|
||Accruals and deferred income|41,847|29,228|
|||87,130|75,452|
Other loans are made up of interest free loans received by the charity.
Other creditors relate to pension commitments outstanding at the year end.
18
**THE EDEN FOUNDATION HUDDERSFIELD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2023**
## **18. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
|Other loans (see note 19)|31.8.23
£
588,000|31.8.22
£
132,000|
|---|---|---|
Other loans are made up of various interest free loans received by the charity. Repayment dates vary and range from April 2024 (included within Creditors Due Within One Year) to December 2026.
## **19. LOANS**
An analysis of the maturity of loans is given below:
|Amounts falling due within one year on demand:
Other loans
Amounts falling between one and two years:
Other loans - 1-2 years
Amounts falling due between two and five years:
Other loans - 2-5 years
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Eden Welfare
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Eden Welfare
**TOTAL FUNDS**|At 1.9.22
£
1,235,773
7,660
1,243,433
Incoming
resources
£
491,320
133,821
625,141||31.8.23
£
9,000
106,000
482,000
Net
movement
in funds
£
(38,639)
(1,416)
(40,055)
Resources
expended
£
(529,959)
(135,237)
(665,196)|31.8.22
£
45,000
28,000
104,000
At
31.8.23
£
1,197,134
6,244
1,203,378
Movement
in funds
£
(38,639)
(1,416)
(40,055)|
|---|---|---|---|---|
||||||
||||||
## **20. MOVEMENT IN FUNDS**
19
**THE EDEN FOUNDATION HUDDERSFIELD**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2023**
## **20. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
Eden Welfare
**TOTAL FUNDS**
Comparative net movement in funds, included in the above are a
**Unrestricted funds**
General fund
**Restricted funds**
Eden Welfare
**TOTAL FUNDS**|At 1.9.21
£
1,188,539
36,198
1,224,737
s follows:
Incoming
resources
£
408,778
150,931
559,709||Net
movement
in funds
£
47,234
(28,538)
18,696
Resources
expended
£
(361,544)
(179,469)
(541,013)|At
31.8.22
£
1,235,773
7,660
1,243,433
Movement
in funds
£
47,234
(28,538)
18,696|
|---|---|---|---|---|
||||||
||||||
## **21. RELATED PARTY DISCLOSURES**
The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
See note 10 for details of trustees' remuneration and benefits.
Donations of £8,180 (2022 - £11,043) were received from trustees during the year.
20
**THE EDEN FOUNDATION HUDDERSFIELD**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023**
||31.8.23|31.8.22|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|415,456|363,839|
|Gift aid|39,628|34,526|
||455,084|398,365|
|**Charitable activities**|||
|Provision of education|168,210|159,799|
|**Other income**|||
|Room hire income|405|360|
|Sale of water bottles|-|1,185|
|Sale of food at event|1,442|-|
||1,847|1,545|
|**Total incoming resources**|625,141|559,709|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Fundraising costs|5,899|3,253|
|**Charitable activities**|||
|Wages|243,091|193,041|
|Social security|1,389|93|
|Pensions|1,253|1,476|
|Rent|6,391|4,516|
|Ramadan - sundry|2,638|-|
|Adult education - sundry|1,300|2,025|
|Child education - sundry|6,088|7,043|
|Donation payments|182,156|180,996|
|Sponsorship program|19,000|6,000|
|Community donations of goods|7,876|-|
|Training|250|-|
||471,432|395,190|
|**Support costs**|||
|**Management**|||
|Wages|18,501|17,902|
|**Premises**|||
|Rates and water|9,943|8,856|
|Carried forward|9,943|8,856|
This page does not form part of the statutory financial statements
21
**THE EDEN FOUNDATION HUDDERSFIELD**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023**
||31.8.23|31.8.22|
|---|---|---|
||£|£|
|**Premises**|||
|Brought forward|9,943|8,856|
|Insurance|7,139|6,124|
|Light and heat|28,703|12,747|
|Sundries|755|639|
|Bank charges|747|596|
|Other interest|-|3|
|Repairs and renewals|5,104|6,767|
|Legal and professional fees|25,978|23,102|
|Cleaning|32,452|15,516|
|Loan with group company written off|1,200|-|
|Depreciation of freehold property|35,318|25,470|
|Depreciation of fixtures and fittings|2,437|4,073|
|Loss on sale of tangible fixed assets|170|-|
||149,946|103,893|
|**Administration**|||
|Telephone and other communications|2,166|1,978|
|Postage and stationery|2,735|3,823|
|Payroll processing costs|2,377|1,534|
|Maktab management software|1,200|1,200|
|Computer expenses|467|390|
|Motor expenses|1,177|1,118|
|Depreciation of tangible fixed assets|3,721|6,365|
||13,843|16,408|
|**Governance costs**|||
|Accountancy fees|4,275|3,162|
|Independent examiner's remuneration|1,300|1,205|
||5,575|4,367|
|Total resources expended|665,196|541,013|
|**Net (expenditure)/income**|(40,055)|18,696|
This page does not form part of the statutory financial statements
22