|||||||||
|---|---|---|---|---|---|---|---|
|**Trustees' Annual Report**|||||**for theperiod**|||
|**From **|Period start date|||**To**|Period end date|||
||01|April|2025||31|March|2026|
**Charity name**
N.A.I.K Trust
**Registered charity number (if any) Charity's principal address** 149 Railway Street Nelson Lancashire **Postcode** BB9 9AJ
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Qasim Saghir|Chairman|||
||Zahida Khan|Vice Chair|||
||Asma Kauser|Secretary|||
||Nahida Khan|Treasury|||
||Yusuf Saghir|Joint Treasury|||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of adviser**
**Name**
**Address**|||
||||
||||
||||
||||
|**Name of chief executive or names of senior staff members (Optional information)**|||
||||
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Constitution Type of governing document (eg. trust deed, constitution)
Charity How the charity is constituted (eg. trust, association, company) Trustees are selected by a resolution passed at a special meeting of the Trustee selection methods existing trustees. When choosing new trustees, the current trustees must (eg. appointed by, elected by) consider the skills, knowledge, and experience needed to run the charity effectively. Charity trustees hold a vital role in ensuring an organisation fulfils its purpose and serves its beneficiaries effectively. They are responsible for the overall governance and strategic direction of the charity, making sure it operates legally and in line with its founding principles. A key part of this involves safeguarding the charity's assets and resources, managing risks, and maintaining financial stability. Ultimately, trustees must act in the best interests of the charity, a duty that requires careful consideration and a commitment to its mission.
How the charity is constituted
- (eg. trust, association, company)
## **Additional governance issues (Optional information)**
- The charity ensures the effective induction and training of new trustees
- You **may choose** to include through a formal process that includes providing a welcome pack with all
- additional information, where essential governance and financial documents. Regular training sessions
- relevant, about: are also provided on topics such as charity law, fundraising, and
- • policies and procedures safeguarding to ensure the board remains knowledgeable. adopted for the induction and The charity's organisational structure is designed to support clear governance and management. The board of trustees oversees a small
- training of trustees; team of paid staff and volunteers, and specific sub-committees may be
- • the charity’s organisational established for areas like finance and projects. The charity also works structure and any wider collaboratively within a wider network, partnering with other local and network with which the charity national community groups to enhance its services. works;
- To maintain transparency and prevent conflicts of interest, all trustees and
- • relationship with any related key staff are required to disclose any related party relationships. A formal register of interests is maintained, and anyone with a declared conflict
- parties; must recuse themselves from relevant discussions and decisions.
- • trustees’ consideration of Finally, the trustees actively manage major risks through a comprehensive major risks and the system risk register that is reviewed annually. Key risks, including financial and and procedures to manage safeguarding issues, are identified, and specific procedures are in place to them. mitigate them. This ensures the charity can continue its work effectively while safeguarding its assets and reputation.
## **Section C Objectives and activities**
The charity aims to:
1. Promote the Islamic faith – mainly for young people (ages 3 to 25) in Lancashire, based on the teachings of the Holy Quran.
**Summary of the objects of the charity set out in its governing document**
2. Support education – helping those young people build skills and grow into responsible, independent adults.
3. Offer recreational activities – for people in need (due to age, health, ability, or social/economic reasons) to improve their quality of life.
4. Relieve poverty, illness, and distress – both in the UK and abroad.
The charity must only carry out activities that are legally recognised as charitable.
The charity undertakes a wide range of activities to fulfil its charitable aims. The trustees believe these activities benefit both those who attend the mosque and the wider community in Pendle and surrounding areas. These activities include the provision of congregational prayers, including Jumu’ah (Friday) prayers, Eid prayers, funeral prayers, as well as Nikah (marriage) and funeral services.
The charity also runs regular Islamic educational sessions and organises holiday clubs for young people to engage in positive, active learning and recreational activities.
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
The primary objective of the charity is to promote and spread the knowledge of Islam (Deen) by providing accessible religious and moral education to both the Muslim community and the wider public. In doing so, the charity aims to foster peace, mutual respect, and social cohesion among all communities.
We have many external visits for mental health, dementia and cancer support. We also had visits from our local Job centre where they held session on how to be effective with rising living costs. We had a job fair also held by DWP in order to tackle employability.
## **Additional details of objectives and activities (Optional information)**
Volunteers play a vital role in supporting the charity’s activities and the smooth running of the Madrasah and Masjid. Their contributions include:
- Assisting with the day-to-day operations of the Madrash and Masjid.
You **may choose** to include further statements, where relevant, about:
- Policy on grantmaking.
- Policy programme related investment.
- Helping with the cleaning and general maintenance of the premises.
- Designing and distributing leaflets and posters to promote local events, talks, and community initiatives.
- Managing and updating the Masjid’s social media platforms, such as Facebook and Instagram, to help engage the community and share important information.
- Contribution made by volunteers.
Section D Achievements and performance
During the year, the trustees of Naik Trust have made significant **Summary of the main** progress in strengthening community engagement and supporting wider **achievements of the charity** social initiatives. We have actively facilitated the use of the Madrasah **during the year** and Mosque building as a community hub, allowing various local organisations and charities — including DWP and One Voice — to deliver services, events, and outreach programs, careers fair that benefit the local community. In addition, we have introduced holiday clubs to provide young people with safe, structured, and engaging activities during school holidays. These clubs have played an important role in supporting families, promoting positive learning, and keeping children actively involved in their community. The trustees remain committed to building strong relationships with local partners and ensuring that our facilities continue to serve both the religious and social needs of the wider community.
## **Section E Financial review**
The free reserves are held to secure the long-term financial security of **Brief statement of the** the charity. **charity’s policy on reserves** The trustees consider that this level of reserves is required to enable the charity to fulfil its obligations and commitments. **Details of any funds materially in deficit**
## **Further financial review details (Optional information)**
Naik Trust’s income is primarily generated through a combination of the following sources:
You **may choose** to include additional information, where relevant about:
- relevant about: • Monthly tuition contributions from students attending the • the charity’s principal Madrasah. •
- sources of funds (including Annual membership donations, which support the general upkeep any fundraising); and running costs of the organisation. •
- • how expenditure has Voluntary contributions from members of the local community. • Support from local businesses, who regularly contribute towards
- supported the key objectives of the charity; the Trust’s charitable activities. •
- • investment policy and Weekly collections, particularly during Friday congregational prayers, which provide a consistent stream of donations.
- objectives including any ethical investment policy adopted. These income streams have allowed the Trust to continue delivering its core services, support community initiatives, and maintain the running of the mosque and educational facilities.
## **Section F Other optional information**
The charity has now evolved with a renewed focus on healthy active lifestyle as a core priority. Recognising the importance of nurturing both the minds and well-being of young people, we are committed to expanding our Islamic and community education programmes, while also creating more opportunities for physical activity and personal development.
As part of this vision, we aim to invest in resources, facilities, and programmes that will help keep children active, engaged, and connected to positive environment, both inside and outside the classroom. This includes plans for structured holiday clubs, recreational activities, and educational workshops designed to support the physical, mental, and spiritual growth of our youth.
## Section G Declaration
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
## **Signature(s)**
**Full name(s)** Qasim Saghir **Position (eg Secretary, Chair,** Trustee **etc) Date** 21st July 2026
## **NAIK TRUST**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
**CHARITY REGISTRATION NUMBER 1163699**
## **NAIK TRUST FOR THE YEAR ENDED 31 MARCH 2026**
## **CONTENTS**
||**Pages**|
|---|---|
|Legal and administration|**1**|
|Trustees Report|**2**|
|Independent Examiners Report|**3**|
|Statement of Financial Activities|**4**|
|Balance sheet|**5**|
|Notes to the financial statements|**6-11**|
## **NAIK TRUST LEGAL AND ADMINISTRATIVE INFORMATION**
## **Constitution**
Naik Trust was registered as a charity on 22 September 2015
## **Charity Number**
1147320 **Trustees** Mr Qasim Saghir _(Chair Person)_ Miss Zahida Khan _(Secretary)_ Mrs Asma Kauser _(Treasurer)_ Mr Yusuf Saghir _(Trustee)_ Mrs Nahida Khan _(Trustee)_ **Address** Victoria Works 149 Railway Street Nelson Lancashire BB9 9AJ **Banks** Barclays **Independent Examiner Natalie Todd FCCA** Butterworth Barlow Accountants Ltd Butterworth Barlow House 10 Derby Street Prescot Merseyside L34 3LG
1
## **NAIK TRUST**
## **TRUSTEES' REPORT**
## **FOR THE YEAR ENDED 31 MARCH 2026**
The trustees report can be obtained from the charity directly on request or from the charity commission website.
2
## **NAIK TRUST INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 31 MARCH 2026**
## **Independent examiner's report to the Trustees of Changing Life Directions**
I report to the trustees on my examination of the accounts of the above charity (the 'Trust') for the year ended 31 March 2026 set out on pages 5 to 11.
As the charity's trustees you are responsible for the preparation of the accounts in accordance with 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 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission undere section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the which gives me cause to believe that, in any material respect:
• the accounting records were not kept in accordance with section 130 of the Charities Act; or;
• the accounts did not accord with the accounting records; or
• the accounts did 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 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.
## **Natalie Todd FCCA**
Butterworth Barlow House 10 Derby Street Prescot Merseyside L34 3LG
Date: 04 June 2026
3
## **NAIK TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2026**
|Note
**Incoming resources**
Voluntary Income
2a
Charitable Activities
2b
Activities for Generating Funds
2c
**Resources expended**
Charitable activities
3
**Total resources expended**
**Net incoming resources before transfers**
Transfers
**Movement in total funds for the year**
Total funds brought forward
**Total funds carried forward**
**Total incoming resources available for charitable**
**application**|General
Restricted
Total
Funds
Funds
2026
£
£
£
46,718
-
46,718
9,219
-
9,219
-
-
-
55,937
-
55,937
21,488
-
21,488
21,488
-
21,488
34,450
-
34,450
-
-
-
34,450
-
34,450
38,543
-
38,543
72,993
-
72,993|Total
2025
35,659|
|---|---|---|
|||35,659|
|||25,654|
|||25,654|
||||
|||10,005|
|||-|
|||10,005
28,538
38,543|
The statement of financial activities includes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activities.
4
## **NAIK TRUST BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2026**
|Note
**Fixed Assets**
6
**Current Assets**
Debtors
7
Cash at bank and in hand
8
**Creditors**
9
**Net current assets**
**Net Assets**
**Funds**
Unrestricted Fund
Restricted Funds|2026
£
22,870
-
51,197
51,197
( 1,074)
50,123
72,993
72,993
-
72,993|2025
£
25,422
-
25,662|
|---|---|---|
|||25,662
( 12,541)|
|||13,121|
|||38,543|
|||38,543
-|
|||38,543|
The financial statements were approved by the trustees and signed on their behalf by:
Signed: ..........................................................
## **Mr Qasim Saghir**
Chair Person
04/06/2026
Date: ……………………………………..
5
## **NAIK TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
## **1**
## **Accounting policies**
The financial statements have been prepared in accordance with applicable Accounting Standards in the United Kingdom and the Statement of Recommended Practice 'Accounting by Charities' (SORP 2005).
## **Basis of accounting**
The financial statements have been prepared on the historical cost basis of accounting.
## **Incoming resources**
Funding received are attributed to the management of Naik Trust.
## **Resources expended**
Expenditure is disclosed on an accrual basis.
## **Fixed Assets**
Fixed assets are stated at cost less accumulated depreciation.
The freehold land and property is valued at historic cost and is not depreciated as they are considered to have a useful life of greater than 50 years and so any depreciation charge is considered immaterial.
## **Depreciation policies**
Depreciation was charged on fixtures and fittings and computer equipment at the following rates;
Computer Equipment 20% on Reducing Balance Fixtures & Fittings 10% on Reducing Balance **Fund accounting** Funds held by the Charity are either:
## **Unrestricted general funds**
These are funds which can be used in accordance with the charitable objectives at the discretion of the Trustees.
## **Restricted funds**
These are funds which 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.
## **Related party transactions and trustees' remuneration**
Trustees received no remuneration or expenses during the year.
6
## **NAIK TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
|**2a**
**Incoming Resources from Voluntary Income**
General Donations
**2b**
**Incoming Resources from charitable activities**
Grants
**2c**
**Activities for generating funds**
**3**
**Resources Expended**
4
Wages, salaries and permitted earnings
Insurance
Heat and Light
Rates
5
Legal & Professional Costs
5
Accounting and Audit Fees
Repairs & Maintainance
Motor Vehicle Expenses
Training
Phone
Food for Events
Depreciation
TOTAL|General
Restricted
Total
Funds
Funds
2026
£
£
£
46,718
-
46,718
-
46,718
-
46,718
General
Restricted
Total
Funds
Funds
2026
£
£
£
9,219
-
9,219
9,219
-
9,219
General
Restricted
Total
Funds
Funds
2026
£
£
£
-
-
-
-
-
-
General
Restricted
Total
Funds
Funds
2026
£
£
£
-
-
-
1,878
-
1,878
11,290
-
11,290
1,197
-
1,197
2,800
-
2,800
1,074
-
1,074
200
-
200
-
-
-
-
-
-
497
-
497
-
-
-
2,552
-
2,552
21,488
-
21,488|Total
2025
£
35,659
-|
|---|---|---|
|||35,659|
|||Total
2025
£
-|
|||-|
|||Total
2025
£
-|
|||-|
|||Total
2025
£
-
1,865
10,513
-
4,982
500
-
-
-
356
4,600
2,838|
|||25,654|
7
**5**
## **NAIK TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
**4**
## **Total staff costs comprised:**
|**Total staff costs comprised:**|||
|---|---|---|
|Wages and salaries
Social security costs|2026
£
-
-
-|2025
£
-
-|
|||-|
No employees received pay in excess of £60,000
The average number of employees during the year was 0
During the year 3 volunteers provided their services to the charity.
## **Governance costs**
|Accountancy Fees
Other Legal & professional fees|General
Restricted
Total
Funds
Funds
2026
£
£
£
600
-
600
2,800
-
2,800
3,400
-
3,400|Total
2025
£
500
4,982|
|---|---|---|
|||5,482|
8
## **NAIK TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
## **6**
## **Fixed Assets**
|**Cost or Valuation**
At 1 April 2025
Additions
Disposals
At 31 March 2026
**Depreciation**
At 1 April 2025
Charge for period
At 31 March 2026
**Net book value**
At 31 March 2026
At 31 March 2025|**Freehold**
**Land &**
**Fixtures &**
**Computer**
**Property**
**Fittings**
**Equipment**
**Total**
**£**
**£**
**£**
**£**
-
35,571
360
35,931
-
-
-
-
-
-
-
-|
|---|---|
||-
35,571
360
35,931|
||-
10,244
266
10,509
-
2,533
19
2,552|
||-
12,776
284
13,061|
||-
22,795
76
22,870|
||-
25,327
94
25,422|
## **7**
**8**
## **Debtors**
|**Bank & Cash**
Bank and Cash
**Creditors**
Accruals - Accountancy
Accruals - Audit
Accruals - Wages|**General**
**Restricted**
**Total**
**Funds**
**Funds**
**2026**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-
**General**
**Restricted**
**Total**
**Funds**
**Funds**
**2026**
**£**
**£**
**£**
51,197
-
51,197
51,197
-
51,197
**General**
**Restricted**
**Total**
**Funds**
**Funds**
**2026**
**£**
**£**
**£**
-
600
-
600
474
-
474
-
-
-
1,074
-
1,074
9|**Total**
**2025**
**£**|
|---|---|---|
|||-|
|||**Total**
**2025**
**£**
25,662|
|||25,662|
|||**Total**
**2025**
**£**
500
-
12,041|
|||12,541|
||||
**9**
## **NAIK TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
## **10**
## **Analysis of Charitable Funds**
|**Analysis of**
**Fund Movement**
**Unrestricted Funds:**
General Funds
**Restricted Funds:**|**Bal**
**Incoming**
**Resources**
**B/fwd**
**Resources**
**Expanded**
**Transfers**
38,543
55,937
( 21,488)
-
38,543
55,937
(21,488)
-
-
-
-
-
-
-
-
38,543
55,937
(21,488)
-|**Fund**
**C/fwd**
72,993|
|---|---|---|
|||72,993|
||||
|||-|
||||
|||72,993|
**11**
## **Net Assets By Fund**
|Tangible assets
Debtors
Bank & cash
Creditors: amounts due within
one year
Net Assets|**General**
**Restricted**
**Total**
**Funds**
**Funds**
**2026**
**£**
**£**
**£**
22,870.13
-
22,870.13
-
-
-
-
51,197.09
-
51,197.09
( 1,074)
-
( 1,074)
72,993
-
72,993|**Total**
**2025**
**£**
25,422
-
25,662
( 12,541)|
|---|---|---|
|||38,543|
10
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