Falah Educational Society
2 Hodgson Street Ashton - under - Lyne Lancashire OL6 7TJ
REGISTERED CHARITY NO. 1160887
ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2023
Mibsons Limited
Chartered Certified Accountant
180 Birmingham Road West Bromwich West Midlands B70 6QG
Falah Educational Society
CONTENTS
| CONTENTS | |
|---|---|
| Page | |
| Contents | 2 |
| Trustee's Report | 3 to 5 |
| Independent Examiner's Report | 6 |
| Income and Expenditure Account | 7 |
| Balance Sheet | 8 |
| Notes to the financial statements | 9 |
Page 2
FALAH EDUCATIONAL SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
The trustees present their report with the financial statements of the charity for the year ended 31 March 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 2015).
OBJECTIVES AND ACTIVITIES
The purposes of the charity as set out in its governing document.
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Fulfilling the spiritual and religious need of the Muslim community in Tameside together with serving humanity in general.
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To advance the education of the public and young people so that they may grow to become good citizens; 3. To relieve financial hardship, distress and suffering among poor people, orphans, victims of natural disasters and those in need by making grants for water, clothing, medical treatment, rehabilitation and accommodation.
The main activities undertaken in relation to those purposes during the period.
Falah Educational Society provides Islamic education for boys and girls; presently, 295 students attend during weekday evenings. The syllabus caters for students from age 4 to 16+. Classes include male and female adult classes, revision classes, special needs classes and weekly assemblies. Following requests from parents we have introduced adult classes to enable parents to help their children with their lessons.
The charity's strategies for achieving its aims and objectives in the future.
The current building is restrictive due to it's size as well as cost implications of hiring from the local council. The strategy is to find, then buy/hire larger premises in order to further the objectives and cater for the wider community.
How the activities undertaken during the period contributed to the achievement of the aims and objectives.
Good, wholesome theology being taught during classes to children increases their faith awareness and encourages them to be upright model citizens by providing them with the knowledge and tools with which to live in modern British society. Fund raising events have contributed towards the achievement of the third objective, i.e.. relieve financial hardship.
The contribution of volunteers during the period.
Volunteers support the charity. Without their support, the charity would not be able to carry out it's objectives. Volunteers play a useful part in supporting with fundraising, baking for the bake sales, support during football tournaments and training, etc. Some volunteers have administrative roles in the charity.
Much of the running of the charity relies on volunteers and good will.
The main achievements and performance of the charity during the period.
Another year has been completed. Children have progressed through their classes. Some have completed and graduated from the institute.
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FALAH EDUCATIONAL SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
The difference the charity's performance during the period has made to the beneficiaries of the charity.
All attendees of classes benefit from the sessions on a daily basis, progressing through their lives. On some occasions, parents attend in order to be supported through personal issues they are going through at home. Occasionally, children with special needs would attend and benefit from the activities of the charity. Members of the community with disabilities attend as a matter of course. Two ex-pupils are volunteering for their Duke of Edinburgh Awards.
The degree to which the achievements and performance during the period have benefited wider society.
By achieving the objectives of the charity, the wider society benefit greatly. See objectives above.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
Falah Educational Society is registered with the Charity commission (Registration Number 1160887) and constituted by the deed of trust.
Organisational Structure
The Charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits. The trustees meet together as a body quarterly and are responsible for all decision taken in relating to running the organisation facilities and the activities provided by the charity
REFERENCE AND ADMINISTRATIVE DETAILS Governing document
On 06 October 2014 Falah Educational Society was granted registration as Standard Charity (Charity Number 1160887).
Principal address
2 Hodgson Street Ashton - under - Lyne Lancashire OL6 7TJ
Trustees
Mr. Imran Ditta Mr. Mohamed Akbar Seedat Mr. Syed Nurul Huda
Page 4
FALAH EDUCATIONAL SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
STATEMENT OF TRUSTEES'S RESPONSIBILITIES
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), .
In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-
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to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
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select suitable accounting policies and apply them consistently;
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make judgments and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. 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 Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
This report was approved by the board of trustees on 25th January 2024
Mohamed Seedat (Jan 25, 2024 11:04 GMT)
Mr. Mohamed Akbar Seedat Trustee
Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FALAH EDUCATIONAL SOCIETY
Independent examiner's report to the trustees of Falah Educational Society
I report to the charity trustees on my examination of the accounts of the Falah Educational Society for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
M S Aswani - FCCA
Mibsons Limited Chartered Certified Accountant 180 Birmingham Road West Bromwich West Midlands B70 6QG
Date: 25/01/2024
Page 6
FALAH EDUCATIONAL SOCIETY
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st MARCH 2023
| INCOME RECEIVABLE Tuiton fees and books sale etc. COST OF SALES Opening Stock @ 01.04.2022 Books Purchased Less : Stock of books @ 31.03.2023 Donations HMRC CJRS DEDUCT : OVERHEADS Premises Rent Rates, Water & Insurance Heat and Light Wages Employer Pension Subcontract Cost Accountancy Fees Professional Fees Bank Charges Telephone & Broadband IT Expense Donation paid Depreciation: Plant and machinery Computer Portable Classroom Net (Deficit)/Surplus for the year |
2023 £ 124,700 375 3,207 3,582 (325) 3,257 121,443 15,238 - 136,681 16,000 2,361 1,226 85,362 299 2,895 936 784 102 683 - 3,983 247 90 1,308 (116,277) 20,404 |
2022 £ 104,274 350 3,835 4,185 (375) 3,810 100,464 12,416 - 112,880 11,048 3,809 1,282 72,640 193 1,200 746 - 41 730 400 247 90 1,308 (93,734) 19,146 |
2022 |
|---|---|---|---|
Page 7
FALAH EDUCATIONAL SOCIETY
BALANCE SHEET AS AT 31st MARCH 2023
| NON CURRENT ASSETS Cost Dep'n £ £ Plant and Machinery 1,236 762 Computers 450 233 Portable Classroom 6,540 2,998 CURRENT ASSETS Stock of books Cash in Hand Balance at bank Prepayments CURRENT LIABILITIES Sundry Creditors & Accruals Creditors- net wages Net Current Assets FINANCED BY: CAPITAL ACCOUNT Balance b/fwd @ 01.04.22 Less : Net Surplus/(loss) for the year |
2023 Net £ 474 218 3,543 325 63 57,159 596 62,377 3,338 774 4,112 58,265 58,265 37,861 20,404 58,265 |
2022 Net £ 721 308 4,851 375 63 35,636 301 42,254 4,393 - 4,393 37,861 37,861 18,715 19,146 37,861 |
2022 |
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We approve these accounts and confirm that we have made available all relevant records and information for their preparation.
Mohamed Seedat (Jan 25, 2024 11:04 GMT)
Mr. Mohamed Akbar Seedat
For and on behalf of Falah Educational Society Date: 25/01/2024
Page 8
Falah Educational Society
Notes to the financial statements
Year ended 31st March 2023
| 1 2 |
Total Income Donations Tuition Fee Total Donations Trustee / board members expenses |
£ 15,238 124,700 139,938 |
|---|---|---|
No member of the board or trustee nor any person connected with them has received or is due to receive any remuneration for the period, directly or indirectly from the charity's fund.
Page 9