BEDFORD ISLAMIC EDUCATION TRUST Registei'ed charity Number: 1160137 Trustees Report Financial Statements For the year ended 31" March 2025 8edfDrd151atnic Edutatlon T¢ust- 1160137
BEDFORD ISLAMIC EDUCATION TRUST Report of the Trustee5 for the year ended 31, March 2025 The trustees present their annual report and financial statements for the year ended 31, March 2025 and confirm they comply with the Charities Act 1993, as amended by Charities Act 2006, the trust deed, and the Charities SORP 2005. Reference and Administrative Information Charity Name: BEDFORD ISLAMIC EDUCATION TRUST Charity Registration Number: 1160137 Registered Address: 74,Ampthill Road Bedford MK429HP Princlpal Office: 74.Ampthill Road Bedford MK429HP Board of Trustees Executive Committee Board Member- Dr Aasem Masood Chaudry Board Member- MrAbdul Kadir Board Member- Mr Abdullah Ghafour Sadath Board Member- Mr Suna Miah Inde endent Examiners; Accurate Acc Ltd 18,Laburnum Avenue Bedford MK404HQ Bankers HSBC 12, Allhallows Bedford MK401L
BEDFORD ISLAMIC EDUCATION TRUST For the year ended 31" March 2025 Structure overnance and mana ement Governing document: Bedford Islamic Education Trust 15 constituted as an unincorporated association. It is governed by the regulations set out in the constitution and is run by a voluntary Management Committee Organisational structure: The board of trustees consists of 5 members who are recruited from the local community. Role description is issued to each trustee and a full induction 15 given setting out the obligation of a trustee. All trustees are issued with I copy of the chdrity commission's guide 'The essential Trustee,. Rlsk mana 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 areas such as governance and compliance with law and regulations have been undertaken. Areas of risks relating to employing staff have been covered by proper procedures and insurance. Appropriate Disclosure and Barring Service IDBSI checks are carried out on all volunteers/staff who have access to children. ement: Achievements and Performance: During the year the charity has been able to continue its support for Islamic educational classe5, which provide facilities for around 160 student5. Bedford isbmic Educati( Trusi- 1160137
BEDFORD ISLAMIC EDUCATION TRUST For the year ended 31" March 2025 Flnanclal Revlew: During thÈ year, the charity received £182,590.00 by the way of public donations, fees from reliEIOUS classes, Loan and HMRC gift aid. The net movement of funds shows a cash Surplus of £24,760.00 which has been added to reserve. After paying trustees loan a5 of 31.03.2025 the charity have a total surplus reserve of £258,678.00 including equity and cash at bank. The Trustees have considered the most appropriate policy for investing funds and have reviewed ways in Eenerating income and capital growth to meet their requirements. Plans for the future erlods The charity will continue with the r.urrent activities and has obtained substantial donations for 202512026. The key future plans are.. al To continue to help and give religious guidance for the community. bl To continue to promote good relations with all other ethnic minorities. cl 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. dl To continue to build and encourage community access to the education facilities. el To encourage participation from women to engage in Arabic classe5. fl To undertake all other activities to further the aims of the charity. Bedford Isl3mlE Education Tru5t- 1160137
BEDFORD ISLAMIC EDUCATION TRUST For the year ended 31" March 2025 Ob ectives and Activitie5 The Charivs objectives are for the benefit of the general public resident in and visiting Bedford (the area of benefit), in particular but not exclusively those people who are of Muslim faith, bv.. The advancement of the Religious 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, debts, welfare benef its, housing, health, education, training, and employment,. The promotion of good race and community relations with other ethnic communities in the area of benefit. To ()55i5t In f ulleral 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 classe5/weekend classes and Hafizi classes. The charity is very involved in the community and is dependent on the voluntary help from the local residents who support the Masjid by not only voluntary service SL¢ch as maintenance and repair work to the centre but by donations to help promote its objectives. 8edford151arnic Education Irusl- 1160137
BEDFORD ISLAMIC EDUCATION TRUST For the year ended 31" March 2025 Accountin and Re ortin Res on5ibilities Charity law requires the 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 it5 financial activities for that period in preparing their financial statements. The Trustee5 are required to.. al Select suitable accounting policies and then apply them consistently, bl Make judgments and estimates that are reasonable and prudent, cl State whether applicable accounting standards have been followed subject to any departures disclosed and explained in the financial statements, dl 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 safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This Report was approved by the Trustees on ......-.. nd Signed on their behalf by.. (President) (Treasurerl Bedford151amii EduCatn Trust- IIG0137
Independent Examiners Report to the Trustees of BEDFORD ISLAMIC EDUCATION TRUST st For the year ended 31 March 2025 RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The charity's trustee consider that an audit is not required for this year (under section 43121 of the Charities Act 1993 Ithe Act) and that an independent examination is needed. It 15 my responsibllity to examine the accounts (under section 43 of the Act) to follow the procedures laid down in the General Directions given by the charity commissionlunder section 4317llbl of the Actl, and to state whether particular matters have come to my attention. BASIS OF INDEPENDENT EXAMINER'S STATEMENT Accurate Acc Ltd was appointed as the charitable companvs independent examiner. My examination was carried out in accordance with general Direction given by the charitv commission. An examination include5 a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It 15 also includes consideration of any unusual items or disc105ures 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 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, which gives me reasonable cause to believe that in, any material respect the trustees have not mel the requirements to ensure that: proper accounting records are kept lin accordance with section 41 of the Act),. rf account5 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 accovntS to be reached. Accurate Acc Ltd 18,LabLsrnum Avenue Bedford MK404HQ Bedford Islamlt Educaiion Trust- J160137
BEDFORD ISLAMIC EDUCATION TRUST Statement of flnancial Activities For the year ended 31" March 2025 2024. 25 2023- 24 Turnover: | Donations,fund raising Income i Refdundable Loan 5 ', HMRC Gift Aid Charities Trust | HMRC Furlough Dev and Renovation Loan Total incoming resource5 157590.00 25000.00 102345.C 30901.CMJ 20102.00 3713.00 0.00 12000.00 182,590. 1 169,061.(X) EK . Employee c05tS 'Volunteer expenses Salary HMRC PAYE elc Premise5 Costs Refurbishment & repairs Fixture and fittings CCTV etc General Administrative expenses Utility Insurance enses: 80520.00 0.00 104467.00 0.00 0.00 0.00 5300.00 0.00 750.00 4890.(K) 750.00 760.00 Telephone ett ' Trade effluent Bankcharge Professional fees Others donatins paid Loan repayments Ramadan and other event exp Others expenses Books etc Total outEoings 565.00 343.LXJ 390.00 56.00 33846.00 125W.IX) 15LNJJ.OD 35.00 8926.00 393.00 60.00 5053.00 355(X).00 0.00 0.00 21JJ.00 1,017.IX) 157,830.00 733.00 157,689.00 SurUS fund forthe year 24,760.00 11,372.00 Fund movments.. Opening bank balance Total incoming resources Total ourBoin85 Closing bank balance 23249.00 182590.00 11877.00 169061.00 157830.00 157689.00 48,009.00 23,249.00 BÈdlord Islamic Education Tru51- 1160137
BEDFORD ISLAMIC EDUCATION TRUST Balance sheet For the year ended 315t March 2025 31.03.2025 31.03.2024 Flxed Assets: Property 210G69.00 210669.00 Current A55ets: Cash at bank 48009.00 23249.(X) Current Liabilltles: Loan Net Assets: 25867&00 233,918.00 Funded By.. Donations 258,678.00 233.918.00 Balance carried forward: 258,678.00 233,918.Tr) These accounts were approved by the Trustees on their behalf by and signed on IPresiPentl (Treasurerl Bedford 151amic EduialionTru51- 1160137
Notes forming part of the Financial Statements for the year ended 31. March 2025 1. Accountlng Policies The financial slalemenls have been prepared in accordance with the Companies Act 1985 and Ihe Statement of Recommended Practice.. Accounting and Reporting by Charities 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. Taxatlon As a charity, it is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charitv. 10 Bedford Islamic Education TIu51- 1160137