BEDFORD ISLAMIC EDUCATION TRUST
Registered charity Number: 1160137
Trustees Report
Fiyancial Statements
For the year ended 31" March 2024
Bedford Islèmic Education Tru¢t_ 115013".

BEDFORD ISLAMIC EDUCATION TRUST
Report of the Trustees for the year ended 31" March 2024
The trustees present their annual report aiid financial statements for the year ended 31
March 2024 and confirm they comply with the Charities Act 1993, as amended by Charities
Act 2006, the trust deed, and the Charities SORP 2005.
st
Reference and Administrative Information
Charity Name..
BEDFORD ISLAMIC EDUCATION TRUST
Charity Registration Number:
1160137
Registered Address:
74,Ampthill Road
Bedford
MK429HP
Principal Office:
74,Ampthill Road
Bedford
MK429HP
Board of Trustees
Executive Committee
Board Member- Dr Aasem Masood Chaudry
Board Member- Mr Abdul Kadir
Board Member- Mr Abdullah Ghafour Sadath
Board Member- Mr Suna Miah
Inde
endent Examiners:
Accurate Acc Ltd
18,Laburnum Avenue
Bedford
MK404HQ
Banker5
HSBC
12, Allhallows
Bedford
MK401L
Bedford Islamic Educatioi Trust- 1160137

BEDFORD ISLAMIC EDUCATION TRUST
For the year ended 31 March 2024
Structure
overnance and mana
ement
Governing document:
Bedford Islamic Education Trust is constituted as an iiniricorporated association. It is
governed by the regulations set out in the constiiution and is run by a voluntary
Management Committee
Organisational structure:
The board of trustees con515ts of
members whc are recruited from the Iocdl community.
Role description is issue(i to each trustee and a full induct.ion is given setting out the
obligation of a trustee. All trustees are issued with I copy of the chariiy commission's guide
The essential Trustee,.
Risk mana
ement:
The trustees annually review the risks that the charity faces, both financial and otherwise.
Strategies have been implemented to control and minimise these risks. Assessments on
area< such a5 governance and compliance with law and regulations have been undertaken.
Area5 of risks relating to employing staff have been covered by proper procedures and
insurance. Appropriate Disclosure and Barring Service IDBS) checks are carried out on all
volunteers/staff who have access to children.
Achievements and Performance:
During the year the charity has been able to continue its support Tor Islamic educational
classes, which provide facilities for around 160 students.
Bedford Islamic Education Trust- 1160137

BEDFORD ISLAMIC EDUCATION TRUST
For the year ended 31" March 2024
Financial Review:
During the year, the charity received £169,061.00 by the way of public donations, fees from religious
classes, Loan and HMRC gift aid. The net movement of funds shows a cash surplus of £11372.00
which has been added to reserve. After paying trustees loan as of 31.03.2024 the charity have a total
surplus reserve of £233,918.00 including equity and cash at bank.
The Trustees have considered the most appropriate pclicy for iniiesting funds and have reviewed
ways in generating income and capital growth to meet their requirements.
Plans for the future
eriods
The charity will iontinue with the current activities and has obtained substantial donations for
2024/2025.
The key future plans are.
a) To continue to help and give religious guidance for the community.
bl To continue to promote good relations with all other ethnic minorities.
c) To advance education by providing and assisting in the provision of Facilities for
Bedford by providing goods/services by subsidising the education at reduced
cost.
d} To continue to build and encourage community access to the education facilities.
el To encourage participation from women to engage in Arabic classes.
f) To undertake all other activities to further the aims of the charity.
8edford Islamic idutstion Trust- 1160137

BEDFORD ISLAMIC EDUCATION TRUST
For the year ended 31" March 2024
Ob"ectives and Activities
The Charity's objectives are for the benefit of the general public resident in and visitinry Bedford (the
area of benejltl, in particular but not exclusively those people who are of Vluslim faith, by:
The advancement of the Religiou5 of Islam guided by the Quran and Sunnah,.
The relief of poverty by providing advice, representation, counselling, translating
and interpreting services and other assistance in matters such as asylum,
immigration, money, clebts, welfare benefits, housing, health, education,
training, and employment;
The promotion of good race and community relations with other ethnic
communities in the area of benefit.
To assist in funeral arrangements for families of deceased worshipers.
The main objective for the year was the promotion and appreciation of the Islamic faith and the
provision of facilities of education to the wider community especially the younger generation,
offering opportunities in education programmes such as children's classes/weekend classes and
Hafizi classes.
The charity is very involved in the community and is dependent on the voluntary nelp from the local
residents who support the Masjid by not only voluntary service such as maintenance and repair work
to the centre but by donations to help promote its objectives.
Bedford Islamic Education Trust- 1160137

BEDFORD ISLAMIC EDUCATION TRUST
Forthe year ended 31 March 2024
Accountin
and Re
ortin
Res
onsibilitie>
Charity law requires tne Trustees to prepare financial statements for each financial year, which show
a true and fair view of the state of affairs of the charity, and its financia 5 activities for that period in
preparing their financial statements. The Trustees are required to:
a) Select suitable accounting policies and then apply them consistently,
bl Make judgments and estimates that are rea50r.able and prudent,
c) State whether applicable accountirig standards nave been followed subject to
any departures disclosed and explained in the financial stotements,
d) Prepare the financial statements on the going concern basis unless It IS
appropriate to presume that the charity will not continue in operation existence.
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 statement comply with the Charities Act 2006. They are also responsible for safeuuarding
the assets of the charity and hence for taking reasonable steps for the prevention and detection of
fraud and olher irregu13rities.
This Report was approved by the Trustees on ......... .................... and signed on their behalf by..
I Preside
{Treasurerl
Bedford Islamic Educètian Trust- 1 160137

Independent Examiners Report to the Trustees of
BEDFORD ISLAMIC EDUCATION TRUST
For the year ended 31 March 2024
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The charitvs trustee consider that an audit is not required for this year (under sectior, 4312)
of the Charities Act 1993 (the Act} and that an independent examination is needed.
It is my responsibility to
examine tFie accounts (under sertion 43 of the Act)
to follow the proLedures laid down in the General Diractions given by the charity
commission(under section 43(7)Ibl of the Aux), and
to state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER'S STATEfdENT
Accurate Acc Ltd was 3ppointed as the charitable compani s independent examiner. Imy
examination was carried out in accordance with general Direction 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 is also includes
consideration of any unusual items or disclosures in the account5, and seeking explanations
from the trustees concerning any such matters. The procedures unaertaken do not provide
all the evidence that would be required in an audii, and consequen'ly I do not express an
audit opinion on the accounts.
INDEPENDENT EXAMINER'S STATEMENT
In the course of my examination, no matter has come to my attention,
l. which gives me reasonable iause to believe that in. any material respect the trustees
have not met the requirements to ensure that:
proper accounting records are kept (in accordance with section 41 of the lJ.ctl,"
O accounts are prepared which agree with the accounting records and comply with the
accounting requirements of the Act:
2. To which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Accurate Acc Ltd
18,Laburnum Aversue
Bedford
MK404HQ
DZ: fJ7-: l.l .......
Bedford Islamic Education Trust- 1160137

BEDFORD ISLAMIC EDUCATION TRUST
Statement of financial Activities
For the year ended 31st March 20?4
2023 - 24
2022- 23
Turnover:
Donations,fund raising income
Refdundable Loan I
HMRC Gift Aid
Cha rities Trust
HMRC Furlough
Develop and Renovation Loan
Totsl incoming resources
102345.00
30901.CX)
20102.00
3713.￿)
97398.00
40841.00
0.00
0.00
000.(J)
169,061.CKI
Ex
enses:
Employee costs
Volunteer expenses
Salary
HMRC PAYE etc
Premises Costs
Refurbishment & repair5
Fixture and fittings
77601.t)J
26866.CK)
46883.(1)
27(X)8.00
1220.00
5150.CK)
0.00
5300.CQ
oco I
|General Administrative expenses
Iutility
Ilnsurance
Telephone etc
Trade effluent
Bank charge
Professional fees
Other5 donatins paid
Loan repayments
Others expenses
Books etc
Total outgoings
4890.(X)
750.
343.00
393.00
60.00
5053.lxi
35500.CIJ
39CQ.00
0.00
893.
330.00
60.00
23080.00
22500.ctl
1485.00
1,988.
134,497.
2(￿.0)
157,&89.00
Surplus fund forthe year
11.372.ChJ
3,742.tM)
Fund movments:
Opening bank balan
Total incoming resources
Total outgoings
Closing bank balance
11,877.Q)
8,135.(X)
169.061.00 71 138,239.CQ
157, 689.00
134,497.00
23,249.00
11,877.00
Bedford Islamic Education TnJst- 1160137

BEDFORD ISLAMIC EDUCATION TRUST
Balance sheet
For the year ended 31" March 2024
Fixed Assets:
Property
31.03.2024
31.03.2023
210669.()J
210669.C()
CurrentAssets."
Cash at bank
-.L 23249.CK)
11877.00
Current Liabilities".
Loan
0.00
NetAssets'.
233918.(KJ
222,546.
Funded By:
Dop,ations
233,918.IX)
222.546.00
Balance carried forward:
233,918.
222,546.00
These accounts were approved by the Trustees on ......... .............. . and signed on
their behalf by
entl
(Treasurer)
Bedford Islamic Education Two- 1160137

Notes forming part of the Financial Statements for the year ended 31SI March 2024
1. Accounting Policies
The financial statements have been prepared in accordance with the com.panies Act. 1985 and the
Statement of Recommended Practi￿.. Accounting and Reporting by Cnar.'ties issued in March 2005.
6. Trustee Remuneration & Related Party Transactions
No members of the management committee received any remuneration during the year. No trustee
or other person related to the charity had any personal interest in any contract or transaction
entered into by the charity during the year.
7. Taxation
As a charity, it is exempt rrom tax on income and gains falling w,-thin settion 505 of the Taxes Act
1988 or s256 of the Taxation of Chargeable Gdins Act 1992 to th.e extent that these are applied to its
charitable objects. No tax charges have arisen in the Charity.
10
Bedford Islamic Education Trust- 1160137