**COMPANY NUMBER: 08076609 (England and Wales) REGISTERED CHARITY NUMBER: 1158726**
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MAY 2024 FOR AL – FATH TRUST**
**MG GROUP (PROFESSIONAL SERVICES) LIMITED CHARTERED ACCOUNTANTS**
**166 COLLEGE ROAD HARROW MIDDLESEX HA1 1BH**
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## **AL-FATH TRUST**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MAY 2024**
|Report of the Trustees
Report of the Independent Examiners
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements|Page
3 - 6
7
8
9 - 10
11-16|
|---|---|
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## **AL-FATH TRUST**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31st MAY 2024**
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[st] May 2024. 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 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives**
The Charity was established to provide services for the benefit of all without discrimination on the basis of sex, political or other opinion in a common effort to advance the Islamic religion by promoting its true image through safe and tolerant practice, find a place of worship or community centre for the local Muslim community, relieve poverty, advance education, and provide training for individuals with identified needs.
## **Significant Activities**
The significant activities of the Charity are:
## The relief of poverty by:
- Bettering the wellbeing of the public by addressing key issues such as the prevention or relief of poverty, whereby the Charity will provide a wide range of services, support and activities that aims to improve and relieve the hardship of the public.
The advancement of education by:
- Providing educational support for people who cannot afford to enrol at college to learn Arabic, CV writing, assistance with writing letters, advocacy and assistance with filling forms such as immigration, divorce and benefit appeals whereby they can be charged to access such type of services.
## The promotion of community participation in healthy recreation by:
- Establishing a consistent activity provision for youth by organising sport activities sessions, encouraging healthy eating and raising awareness about crime prevention and anti-social behaviour by directing them into meaningful activities and community work.
The advancement of the Islamic religion by:
- Actively aiming at provision of a place of worship, trying to raise awareness and understanding of religious beliefs and practices.
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## **AL-FATH TRUST**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31st MAY 2024**
The promotion of health and healthy living by:
- Encouraging people to eat healthily and engage in sport activities
- Advising people to have regular health checks
## **ACHIEVEMENTS AND PERFORMANCE**
Members gave generously towards our appeals for funds for our foodbank, and Ramadan Iftar, as well as other community projects.
Members also continued to give funds to support funeral costs and this amounted to £151,092 (2023-£142,916) in the year. Families suffering bereavement found this greatly helpful, in particular when the repatriation of the deceased was desired.
## **FINANCIAL REVIEW**
## **Financial position and future plans**
The Trustees are pleased to report an overall surplus for the year including restricted funds of £159,084 (2023 - £199,568). A building was acquired in the year, intended for use as a mosque. s The balance sheet net assets increased to £1,266,302 (2023 - £1,107,218).
## **Reserves**
The Trustees’ policy is to utilise any reserves for the future needs. Total funds of £1,266,303 comprised unrestricted funds of £1,248,531 and restricted funds of £17,771.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing Document**
Al-Fath Trust was incorporated on the 21[st] May 2012 as a company limited by guarantee. Its Articles of Association were amended on the 23[rd] July 2013 and it was registered as a Charity on the 30[th] September 2014. Inadvertently the company was dissolved on the 17[th] November 2015 and it has since been reinstated by Companies House.
## **Trustee Selection Method**
The basis of selecting new trustees is by way of identifying people who regularly attend events and functions organised by the Trust and show an interest in and volunteer to help out during these activities. These people are then invited to attend trustees’ meetings as observers.
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## **AL-FATH TRUST**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31st MAY 2024**
They are then given more details of the Trust’s aims and objectives. Upon satisfaction that these are in line with their ideology of Charity work and after due consideration of the person’s eligibility, personal competence, specialist knowledge and skills they are proposed as new trustees by the existing ones at the subsequent meeting where they are appointed by the current trustees.
## **Decision making**
All decision by the trustees must be according to the teaching of the last Holy book Al-Qu’ran and Sunnah of the last Prophet, Muhammad (peace be upon him), in accordance with UK law and based on majority decision after proper assessment of the subject matter at Trustee’s meetings. The trustees are legally responsible for the overall management and control of the charity and meet on a regular basis at least once a month.
## **Risk review**
The trustees have conducted a review of the major risks, which the Charity is exposed to and systems have been established to mitigate those risks. Significant external risks to funding have been reduced by the development of a strategic plan, which will allow for development only when the funds are in hand or have been guaranteed. Internal risks are minimised by the implementation of procedure for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.
Through the risk management processes established for the Trust, the trustees are satisfied that the major risks identified have been adequately mitigated where necessary or are in the process of being mitigated. It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately identified and addressed.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
008076609
## **Registered Charity number**
1158726
## **Registered office**
32 Central Parade Hoe Street London E17 4RT
## **Trustees**
The Trustees serving during the year were as follows:
Mr Yacine Chiheb
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## **AL-FATH TRUST**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31[st] MAY 2024**
## **STATEMENT OF TRUSTEES RESPONSIBILITIES**
The trustees are responsible for preparing the Report of the trustees and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Principles).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the company’s Articles of Association require 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, including the income and expenditure of the Charity for that period. In preparing those financial statements the trustees are required to:
- a) select suitable accounting policies and apply them consistently;
- b) observe the methods and principles in the Charity SORP;
- c) make judgements and estimates that are reasonable and prudent;
- d) 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 to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Company Articles. 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 irregularities.
The company has taken advantage of the small companies’ exemptions in preparing the report above.
`23/05/2025`
Approved by order of the board of Trustees on …………………. and signed on its behalf by:
………………………………. Trustee on behalf of the Board “
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## **AL-FATH TRUST**
## **FOR THE YEAR ENDED 31st MAY 2024**
## **Independent Examiner’s Report to the Trustees of Al-Fath Trust**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] May 2024 which are set out on pages 8 to 16.
## **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 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 Report**
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 accounting 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.
Havin Furnandee
…………………………………… Gavin Fernandes FCA
MG Group (Professional Services) Limited Chartered Accountants 166 College Road, Harrow, Middlesex HA1 1BH
Date: `23/05/2025`
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## **AL-FATH TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31st MAY 2024**
|**Income and Endowments from: **
Charitable Activities
Masjid Funds/Community Centre
Other Income
Iftar Funds
Community
Algeria SOS
Madrasah
Zakat Funds
Humanitarian Relief
Funeral Funds
**Total**
**Expenditure on Charitable activities**
Funeral costs
Charitable Donations
Other costs
**Total**
**Net Income/(Expenditure)**
Net movement in funds
**Reconciliation of Funds**
Total funds brought forward
**Movement during the year**
**Total Funds Carried Forward**|Notes
Unrestricted
Funds
£
129,994
-
3,204
-
458
151,092
284,748
84,638
-
2,3
53,161
137,799
146,949
146,949
1,101,582
146,949
1,248,531|Restricted
Funds
**31.05.2024**
**Total**
**Funds**
£
£
129,994
-
3,204
-
-
-
-
458
10,164
10,164
30,096
30,096
______
151,092
40,260
325,008
-
84,638
28,125
28,125
-
53,162
28,125
165,924
12,135
159,084
12,135
159,084
5,636
1,107,218
12,135
159,084
17,771
1,266,302|**Year Ended**
**31.05.23**
**Total Funds**
**(Restated)**
£
147,764
-
4,170
-
-
7,463
10,006
12,165
142,916
324,484
73,719
7,400
43,798
124,917
199,568
199,568
907,650
199,568
1,107,218|**Year Ended**
**31.05.23**
**Total Funds**
**(Restated)**
£
147,764
-
4,170
-
-
7,463
10,006
12,165
142,916
324,484
73,719
7,400
43,798
124,917
199,568
199,568
907,650
199,568
1,107,218|
|---|---|---|---|---|
||||||
||||||
## **Continuing Operations**
All income and expenditure has arisen from continuing activities.
The notes form part of these Financial Statements
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## **AL-FATH TRUST**
## **BALANCE SHEET**
## **AS AT 31st MAY 2024**
|**Fixed Assets**
Tangible assets
**Current Assets**
Debtors
Bank Account- restricted humanitarian
Other Cash at Bank and in hand
Current Liabilities
Net Current Assets
**Total Assets less current liabilities**
**Net Assets**
**Funds**
**Unrestricted funds:**
General fund
**Restricted Funds**
Humanitarian Relief Funds
**Total Funds**|Notes
**31.05.24**
**31.05.23**
**(Restated)**
£
£
6
1,055,610
5,714
7
869
1,243
11
17,771
5,636
11
193,252
1,097,025
8
211,892
1,200
1,103,904
2,400
210,692
1,101,504
1,266,302
1,107,218
1,266,302
1,107,218
1,248,531
1,101,582
11
17,771
5,636
9,10
1,266,302
1,107,218|
|---|---|
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## **AL-FATH TRUST**
## **BALANCE SHEET - CONTINUED**
## **AS AT 31st MAY 2024**
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies for the year ended 31[st] May 2024.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.
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 Section 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.
These financial statements have been prepared in accordance with the special provisions of the Companies Act 2006 relating to small companies and in accordance with the FRS 102 SORP.
`23/05/2025` The financial statements were approved by the Board of Trustees on …………………..and were signed on its behalf by:
**----- Start of picture text -----**
......................................................
Mr Y Chiheb
:
**----- End of picture text -----**
## **Company Number: 08076609**
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## **AL-FATH TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MAY 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of Preparing the Financial Statements**
The financial statements of the Charity, 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 2015)’. The financial statements have been prepared under the historical cost convention.
The Trustees have assessed whether the use of the going concern basis is appropriate, and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The Trustees have made this assessment for a period of at least one year from the date of the approval of these financial statements, and have concluded that there is a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity therefore adopts the going concern basis in preparing its 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.
## **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 for use by the Charity are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off the cost of fixed assets, over their expected useful lives on the following basis:
Computer equipment 20% straight line Office equipment 20% straight line Motor & Vehicles 20% Reducing Balance
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## **AL-FATH TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MAY 2024**
## **Taxation**
The Charity is exempt from corporation tax on its charitable activities.
## **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.
Further explanations of the nature and purpose of each fund is included in the notes to the Financial Statements.
## **Legal status**
The Charity is incorporated as a company limited by guarantee and is registered with the Charity Commission. The members of the company have undertaken to contribute to their guarantee of £1 each towards the liabilities of the company in the event that it is wound up whilst they are, or within one year of being members.
## **2** . **Charitable Activities – Other costs from unrestricted funds**
|
-
Ramadan costs
-
Lighting and Heating
-
Professional & Legal
-
Bank fees
-
General Expenses
-
Printing & stationery
-
Repairs & maintenance
-
Cleaning
-
Advertising
-
Travel and subsistence
-
Software
-
Website costs
-
Office rent
|**2024**
**2023**
**(Restated)**
**£**
**£**
-
-
9,874
2,296
3,526
1,344
1,740 1,829
3,364
5,653
-
30
800
1,243
963
647
-
31
50 6
3
-
-
349
18,000
18,000
38,320 31,442|
|---|---|
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## **AL-FATH TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MAY 2024**
## **Charitable Activities – Other costs from unrestricted funds**
|**Additional Funeral Costs**
Office rent
Storage costs
Motor expense
Telephone expenses
Insurance
Depreciation - vehicle|**2024**
**2023**
**(Restated)**
£
£
-
-
7,773
4,816
4,455
4,747
895
575
426
938
1,143
1,428
14,841
12,356|
|---|---|
## **3. Net Income (Expenditure)**
Net income (expenditure) is stated after charging:
||**2024**|**2023**|
|---|---|---|
|Depreciation – owned assets|1,143|1,428|
## **4. Trustees’ Remuneration and Benefits**
There were no trustees’ expenses, remuneration or benefits paid for the year ended 31[st] May 2024, nor for the year ended 31[st] May 2023.
## **5. Comparatives For The Statement Of Financial Activities (Restated):**
|**Income and Endowments from**|Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||£||£|
|**Charitable activities**||||
|Masjid funds|147,764|-|147,764|
|Funeral|142,916|-|142,916|
|Iftar Funds|4,170|-|4,170|
|Community Care|-|-|-|
|Zakat Funds|-|10,006|10,006|
|Madrasah|7,463|-|7,463|
|Humanitarian Relief|-|12,165|12,165|
|**Total**|302,313|22,171|324,484|
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## **AL-FATH TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MAY 2024**
|**6. Tangible Fixed Assets**
Land & Building
Motor
Vehicles
**Cost**
£
At 1stJune 2023
15,500
Additions 1,051,039
-
At 31st May 20241,051,039
15,500
**Depreciation**
At 1stJune 2023 -
9,786
Charge for the year -
1,143
At 31st May 2024
10,929
**Net Book Value**
At 31st May 20241,051,039
4,571
At 31stMay 2023-
5,714
**7. Debtors**
Prepayments
Other debtors
**Expenditure on Charitable activities**
Funeral costs
Charitable donations
Other costs
**Total**
**Net Income/(Expenditure)**
**Reconciliation of Funds**
**Total Funds brought forward**
**Movement during the year**
**Transfers**
**TOTAL FUNDS CARRIED FORWARD**|Computer
Equipment
Office
Equipment
Totals
£
£
£
1,064
3,828
20,392
-
-
1,051,039
1,064
3,828
1,071,431
1,064
3,828
14,678
-
____-
1,143
1,064
3,828
15,821
-
-
1,055,610
-
-
5,714
**2024**
**2023**
**(Restated)**
£
£
869
1,243
___-
_-
869
1,243
Unrestricted
funds
Restricted
funds
Total
funds
£
£
73,719
-
73,719
-
7,400
7,400
43,798
-
43,798
117,517
7,400
124,917
184,796
14,771
199,568
679,829
184,796
227,821
14,771
907,650
236,956
(236,956)
1,101,582
5,636
1,107,218|
|---|---|
||
£|
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## **AL-FATH TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MAY 2024**
## **8. Creditors**
|
Accruals
Other creditors
|**2024**
**2023**
**(Restated)**
£
£
1,200
2,400
-
-
1,200
2,400|
|---|---|
## **9. Movement In Funds**
|**At**
**01.06.2023**
**Net**
**Movement**
**in Funds**
**Transfers**
**Unrestricted Funds**
£
£
General funds
1,101,582
146,949
-
**Restricted funds**
Humanitarian Relief
5,636
12,135
-
**TOTAL FUNDS**
**1,107,218**
**159,085**
-
Net movement in funds, included in the above are as
follows:
Incoming
Resources
Resources
Expended
£
£
**Unrestricted funds**
General fund
284,748
137,799
**Restricted funds**
Humanitarian funds
40,260
28,125,
**Total Funds**
**325,009**
**165,924**|**At**
**31.05.2024**
£
1,248,531
17,771
**1,266,302**
Movement
in funds
£
146,949
12,135
**159,085**|
|---|---|
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## **AL-FATH TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MAY 2024**
## **10. Comparatives For Movements In Funds (Restated)**
|**At**
**01.06.2022**
**Net**
**Movement**
**in Funds**
**Unrestricted Funds**
£
£
General fund
679,828
184,796
**Restricted funds**
Humanitarian Relief
(4,242)
14,771
Funeral funds
232,063
**TOTAL FUNDS907,650199,568**
Net movement in funds, included in the above are as
follows:
Incoming
Resources
£
**Unrestricted funds**
General fund
302,313
**Restricted funds**
Humanitarian funds
22,171
**TOTAL FUNDS**
**324,485**|**Transfers**
236,956
(4,893)
(232,063)
Resources
Expended
£
117,517
7,400
**124,917**|**At**
**31.05.2023**
**(Restated)**
£
1,101,582
5,636
-
**1,107,218**
Movement
in funds
£
184,796
14,771
**199,568**|
|---|---|---|
## **11. Details Of Restricted Funds**
Humanitarian Fund – this is for supplies, for example clothing and food, to relieve suffering in war-torn or famine hit areas of the world, and to fund local food banks.
## **12. Related Party Transactions**
There were no related party transactions during this year at or the previous year.
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## **AL-FATH TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MAY 2024**
## **13. Restatement of Comparative Figures**
The comparative figures for the year ended 31st May 2023 have been restated to reflect a reclassification between restricted and unrestricted funds. This reclassification was made following a review of the nature and terms of certain income and expenditure items, which identified that some funds had previously been classified differently.
There is no change to the overall total funds reported as at 31st May 2023 and the restatement has no impact on the charity's net assets or financial position. The adjustment has been made to ensure compliance with the Charity SORP and to provide a more accurate presentation of the fund balances.
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