Charity Number 1158589
## Al Mohsineen Charitable Trust
Financial Accounts
for the year ended
30 April 2024
AMS Accountants SBU Ltd Tadis House 455 Whalley New Road Blackburn
**Al Mohsineen Charitable Trust**
## **Contents**
||**Page**|
|---|---|
|Legal and administrative information|1|
|Statement of Trustees Responsiblities|2|
|Trustees' Annual Report|3-4|
|Independent examiner's report to the trustees of Al Mohsineen Trust|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the accounts|8-9|
**Al Mohsineen Charitable Trust Legal and administrative information**
## **Trustees**
Mr Rashid Valli Mr Imran Omarji Mr Mohamed Choksi Mr Mohsin Patel Mr Salim Adam
## **Principal Address**
215 Shear Brow Blackburn Lancashire BB1 8DU
## **Registered Charity Number**
1158589
## **Independent Examiner**
IAS Associates Ltd 8 Cunningham Court Blackburn Lancashire BB1 2QX
## **Bankers**
AL Rayan Bank 601 Stockport Road Manchester M13 0RX
1
**Al Mohsineen Charitable Trust Statement of Trustees Responsiblities**
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).
The 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 the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting polices 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 accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is appropriate to presume that the charity will continue in operation.
2
**Al Mohsineen Charitable Trust Trustees' Annual Report**
The Trustees present their report and accounts for the period ended 30 April 2024.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity's [governing document], the Charities Act 2011 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005
## **Structure, governance and management**
The charity is an unincorporated charity, governed by its Trust Deed dated 15 September
The Trustees who served during the period were: Mr Rashid Valli Mr Imran Omarji Mr Mohamed Choksi Mr Mohsin Patel Mr Salim Adam
## **Recruitment and appointment of new trustees**
Recruitment and information packs are available to enable active recruitment of new members for the Al Mohsineen Charitable Trust.
Potential new members are invited to attend the quarterly meeting of the Council of Management and meetings are initially held with committee to ensure a full briefing and understanding of the charity and trustee role. Where specific training is required this is coordinated by the Council of Management to ensure that all members have the necessary attributes to be involved with the Al Mohsineen Charitable Trust.
## **Organisational structure**
The structure of Al Mohsineen Charitable trust consists of a National Council and a Council of Management.
The charity is controlled by the trustees who make up the Council of Management.
The members of the Council of Management and trustees of the charity during the year are all as set out on the charity information page.
The Council of Management meetings have a two tier approach. Full meetings are held quarterly with a full agency report. Quarterly sub meetings to consider key issues of personnel, finance and performance support for the main meetings.
## **Risk management**
The Council of Management has given consideration to the major risks to which the charity is exposed. A review continues to be taken on an annual basis. In particular the need to ensure that appropriate funding is in place.
The National Council meets on a regular basis to assess the impact of risks identified and make plans to address any issues arising.
3
**Al Mohsineen Charitable Trust Trustees' Annual Report**
The Trustees has assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Objectives and activities**
Al Mohsineen charitable trust was established in 2014 with the purpose to help alleviate poverty and suffering, provide relief and aid to victims of disasters, to promote educational activities, to facilitate access for provide relief and aid to victims of disasters, to promote educational activities, to facilitate access for healthcare and water and to raise awareness of care for elderly and disabled.
The aim of the charity is to educate the members and others in the relief of the sick by improving the quality of care.
To meet these aims the charity hosts a number of events throughout the year and also raise donations from the local community.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.
## **Achievements and performance**
## **Financial review**
The Council of Management's policy is to accrue a level of reserves to ensure continual functioning of the charity through funding delays or unforeseen events. The minimum amount required would need to cover general operating costs for a period of no less than three months.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
## **Declaration**
The trustees declare that they have approved the trustees report above.
On behalf of the board of Al Mohsineen Charitable Trust
……………………………………………………………..
Mr Rashid Valli
10 February 2025
4
## **Al Mohsineen Charitable Trust Independent examiner's report to the trustees of Al Mohsineen Charitable Trust (Charity No. 1158589)**
I report on the accounts of the company for the year ended 30 April 2024, which are set out on pages 6 to 9.
## **Respective responsibilities of trustees and examiner**
The charity's trustees 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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
## 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 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 the 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 statement below.
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 - to keep accounting records in accordance with section 386 of the Companies Act 2006; - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 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.
IAS Associates Ltd Accountants and Business Advisors
8 Cunningham Court Blackburn Lancashire BB1 2QX
10 February 2025
5
**Al Mohsineen Charitable Trust Statement of financial activities**
|**Incoming resources**
**2**
Donations and legacies
Investment income
**Total incoming resources**
**Resources expended**
**3**
Educational Services
Managing and administering the charity
Bank, credit card and other finance charges
**Total resources expended**
**Net movement in funds for the year**
**Total funds brought forward**
**Total funds carried forward**|**2024**
**£**
165,467
1,223
166,690
163,654
-
-
163,654
3,036
**119,595**
**122,631**|**2023**
**£**
198,442
251
198,693
177,479
-
-
177,479
21,214
**98,381**
**119,595**|**2023**|
|---|---|---|---|
6
**Al Mohsineen Charitable Trust Balance Sheet**
## **Charity Number 1158589**
|**Current assets**
Cash at bank and in hand
**Current liabilities**
Other liabilities and accruals
**Net Current Assets**
**Net Assets**
**Income Funds**
Unrestricted funds
The accounts were approved by the
....................................................
Mr Rashid Valli|**Notes**
138,288
**5**
-
**6**
Trustees on|**2024**
**£**
135,255
-
138,288
138,288
135,255
135,255
..................................................
Mr Imran Omarji
10 February 2025|**2023**
**£**
135,255
135,255
135,255
135,255
..|**2023**|
|---|---|---|---|---|
7
**Al Mohsineen Charitable Trust Notes to the Accounts for the year ended 30 April 2024**
## **2 Accounting policies**
## **1.1 Basis of preparation**
The accounts have been prepared under the historical cost convention.
The Charity has taken advantage of the exemption in Financial Reporting
The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005 and the Charities Act 2011.
## **1.2 Incoming Resources**
Donations, membership fees and other income are credited to income when
## **1.3 Resources expended**
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.
## Educational Services
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to that category.
Governance costs represent costs associated with meeting the constitutional and statutory requirements of the charity and include the accountancy fees and costs linked to the strategic management of the charity.
## **1.4 Accumulated funds**
The Association's funds consist of unrestricted and, from time to time, restricted amounts. The Association may use unrestricted amounts at its discretion. Restricted funds represent income contributions that are restricted to a particular purpose, in accordance with the donor's wishes.
## **2 Incoming Resources**
|**Donations**
Donations and gifts
Zakat
Lilah
Sadqah
Gift aid
Interest receivable|**2024**
**£**
7,880
113,419
18,870
7,544
17,754
1,223
166,690|
|---|---|
8
**Al Mohsineen Charitable Trust Notes to the Accounts for the year ended 30 April 2024**
|**3**
**Resources Expended**
**Donations**
Activities undertaken directly
**Governance costs**
Accountancy fees
**Bank, credit card and other finance charges**
Bank charges
**4**
**Employees**
**5**
**Creditors: amounts due within one year**
Accruals
**6**
**Funds**
**2024**
**£**
Unrestricted
135,255
135,255
There were no employees during the period.|166,690
166,690
**Income for**
**the year**|**2024**
**£**
163,654
**2024**
**£**
-
-
-
**2024**
**£**
-
-
(163,654)
(163,654)
**Expenses**
**for the year**|
|---|---|---|
9