Registered Charity number: 1164087 HART LANE EDUCATION CENTRE Annual Report and Financial Statements For the Year Ended 31 December 2023 HART LANE EDUCATION CENTRE Contents Page Reference and Adminislralive Details Trustees, Report & Statement of responsibilities 2104 Independent Examiner Report Statement of Finaneial Activities Balance Sheet Notes lo the Annual Accounts 8t010 HART LANE EDUCATION CENTRE Reference and Administrative Details Trustees A Hussain J I Choijdhury M S Uddin G M Rahman M M Ul-Hassan M A Haque W Khan J A Naser Trustee Trustee Trustee Trustee Trustee Trustee Trustee Trustee Prlncipal Office 75 Hart Lane Lulon Bed5 LU2 OJG Charity Registration Number 1164087 Bankers 60 Lloyds Bank George Street Luton Beds LU1 2B8 Independant Examiner HA Accountants 26 Leagrave Road Lulon Beds LU4 8HZ HART LANE EDUCATION CENTRE The report of the trustees for thg year ended 31 DÈ¢ember 2023 The tru51ees present their annual report and accounts for the year ended 31 December 2023. Objectives and Actlvitles. Charitablè ObJ•ctiv•s. The Charity's Dbjeclives are governed by the CIO - Foundation Registered 23 October 2015. Aims and Objectives The objectives of the Trust set by the goveming document is to facilrtate the religious. spiritul and educational needs ol the Muslim community wthin Slopsley. Crawley & Round Green areas of Luton Objectives for the yoar. Ouring this year the charity sought to. -Further improve awareness of it's existence. facilities and services offered. -To continually enhance the facilities provided. -To develop and enhance the religious & educational curriculum. Public benefit statement The Trustees confirm that they have complied ￿ the ￿uIrementS of Section 17 of the Charities Act 2011 to have due regard to the tMJbli¢ benefit published by the Charity Commission lor England & Wales. Uso of volunteers The charity U5e5 the services of volunteers in a number of ways- To a55151 in raising Ihe profile of the charbty. To a5s1sI wlh maintaining the records of the chanty. To assist wlh the development of the chanty. To maintain the buildings. Achièvements and P8rfomianc• -The Charity continued to provide servi¢e and facilities for the Muslim Communty_ Financial Rovièw During the year the charity's income was £64,166 {2022.' £36.7511 and after expenditure of £63,16612022'. £27,882) the carry forward reseNe$ stood at £202.51112022.' £201,5111- Rèserve5 policy The Trustees have resolved to establish over the next few years reserves to provide for future activities. and to provide funding for the expected expendrt￿￿ for twelve months ahead. Current reserves are adequate based on our knovAedge and experience. Principal funding source The principal income was generated from donation5 though the public and rental income received in accordance ￿th the objectives of the charity. The prinapal expenditure related to the provisions of prayer facilrtie5. Plans for futurè period¥ The Chanty will a150 cont&nue to look for adequale ￿lIdIng lacility in delivering the aim¥ and Objectives of the Trust. HART LANE EDUCATION CENTRE The report of the trustees for the year ended 31 Dgcembor 2023 Structurè, Governance and Management Naturè of the Governing Documènts The Chanly is an incorporated organisation and govemed by the CIO- Foundation registered 23 Oclober 2015. Eligibility for membeiship of the charity. and membership of the board of trustees is sel out in governing document. There are no restrictions in the on the operation of the charity or on its inveslment power5, other than those imposed by general charity law. Recruitment and appointment of new trustee5 New Trustees are apptrinted by inwtation based upon the specifi¢ requirements and the Skill sel needed by the chaniy to help advance the charitsble objectives. Induction and training of trusteas. We have al the moment no policy or procedure for the training of trustees, other than the "do'5 and don'ts" publication provided by the charity. Organisatlonal structure and management. Trusiees meet regularly on a six monthly basis to di￿usS and plan objecb.ves and Implementation thereof. Mattèrs of general concern are raised wth all members. Day to day management 2nd responsibility for implementing policies is Carried out by trustees The Trusieès undertake all final decisions wth implementakn.on being delegated amongst each other. Relatèd parties Ctner than Ihe Trustees and those persons connected wth them there are no Individuals wtto are related parties. Oetails of transactions with related parties are shown in the notes to the accounts. This includes remuneration and expenses paid Its Trustees. Risk Managèment The trustees aCknO￿edge their responsibilities for establishing a risk management system nd saiisfield that appropriaie systems and procedures are under development and continue to keep the 5trale9ic. busine55 and operational risk under ￿VIeW with view to introducing. Whtr￿ necessary, additional procedures to mibgate these risks. HART LANE EDUCATION CENTRE The report ofthe trustees for the year ended 31 Decembar 2023 Statemant of Trustees. Responsibilities The Charities Acis reqLJire the Board of Trustees lo P￿pare financtal statements for each financial year which give a true and fair view of the state of affairs of the charity as al the end ol the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required lo select suitable accounting policies and then apply them ¢on$isteniiy'. observe the methods and principles in the Chaflties SORP make judgements and estimales that are reasonable and Prudent.. and prepare the financial statements on the going concem basis unless it is inappropnate to presume that the charity wll eontinue in business. stale whether applicable accounting standards and Statements of recommended practice have been followed. subject to any material departures disdosed and explained in the financia5 statements. The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any lime Ihe financial position of the charity and which are sufficient to show and explain the charity's transactK)ns and enable them to ensure that the financial statements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assels of the ¢harity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approvèd by the board of trusteès on 10 October 2024 M S Uddln Twst80 Independent Examiners Report on the Accounts Report lo the ITUSteeslmembers ot. HART LANE EDtICATION CENTRE On accounts for the year ended.. 31 Decembèr 2023 Charity no". 1164087 Set out on pages". 6t010 I report to the trustees on my examination of the accounts of the above charity for the year ended 31st December 2023 Responsibllltes and l)asls of report As the charity's Irustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'l. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Chanty Commission under section 145151(bl of the Act. Independent examlnerfs statement I have compleled my examination. confirm that no material matters have come lo my attention in connection with the examination 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 conceming the form and content of accoLtnts set out in the Charilies (Accounts and Report: regulations 2008 other than any requirement thal the accoLtnts give a 'lrue and fair. vii 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 examinalion lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. HA A¢¢ountanEs 26 Leagfave Road Lthon Beds LU4 8HZ Name.. M Akramul Ha ue 11 O¢lober 2024 HART LANE EDUCATION CENTRE Statement of Flnancial Activities For the Year Ended 31 Dec￿nber 2023 Last Year Total Ftsnd$ 2022 Unrestricted fLtnds Notes Total Fund5 2023 Income and Endownments Irom Donau￿$ and le9￿5 37.￿7 37.907 12.921 Olher Inccyne 26.259 26.259 23.830 Totsl incoming resources 64,166 64,166 36.751 RESOURCES EXPENDED C05t ol charltsbk actlvltlés 62.866 62.866 27.882 Governan¢e cojts 300 3(M) Total resources expended 63,166 63.166 27.882 Net movement in funds Total funds brought forwzrd Total funds carried fonvard 8.869 201.511 201.51 I 192.642 202,511 202.511 201.511 The nel movement In funds referred to aLK)ve FKL¥niThJ resources as defined in the stsiemeDI of ReccrfFimwwYèd Prathce for ol A¢¢ounling Bnd Reporbng issued by the charity Commissim tr En￿and & Wa￿S and is ￿￿lled to Ihe total funds as sh(A¥n in 8813n Sheet on p•Fe 7 as r￿ulled bylhe Sa￿ Sth*rnent All activities de￿¥¢ from continulng operations Thg notes on page$ 8 to 10 fom) an int8gTrl part of th￿• arcounts HART LANE EDUCATION CENTRE BALANCE SHEET As at 31 Oecembèr 2023 2023 2022 Notos The assets and liabilities of the chartty- Fixed Ass8ts Tangible assets Total flxed assets 279 S90 279 $90 272 771 Current Assèts Debtors & Prepayments Cash at bank and in hand 43.439 43.439 30,781 30,781 Crgditors.. amounts falling du¢ within one year Net Current Assets Total assets less curr•nt liabilities 316,210 308,616 Crèdllors= amounts falllng due after more than one year 1113,6991 1107.1051 Totsl NetAssets 202,511 201.511 The funds of the charity: Unrestricted incomè fund$ 202,511 201,511 Total charity lunds 202,511 201,511 Approved by tho board of trustees on 10 October 2024 S Uddin Trustg Th• notss on pages 8 to fo forni an intègral part of these accounts. HART LANE EDUCATION CENTRE Notes to the Accounts For the Year E*de 31 Dec*rnber2023 1 Accounting polici Staterngnt of ¢orApliance These accounts nave been wepar&¥ In PLcountry ￿ Reportrng ty Chariies" S+aie(peni ol Recoxmenaert Practi￿ apthicabie 10 cThatrtie5 ￿￿pan￿ ththr ￿nts In accord3nce th Ihe Financi£l Re￿Ing SL4ndaid appli&3Ue In UK Rewiaic of l¢larKJ IFRS 1021 lefteciive l January 20151- IChanlie3 SORP IFRS 10211. the Fina￿31 fler￿[￿j Statthrd sWicaW8 In i*e UK Republic of Ireland IFRS 1021 and the Chan*e5 Act 2011 Basis of preparatio The Ghanty meeis t*e definition of public be￿fil eniiv under FRS 102. Asset5 aT¥J liabithes are IDilially ￿GO￿nis￿￿ at nis1￿c• cosi or Irans¥tiOP ￿l￿e unless Othewst stst•Y In the relevant aCcO￿￿tIng policy no*e$ Exernption from preparing a cash Ilow statement The ChBfily otsied lo eady ao0018ul￿I1n 1 puNi$tsd cn 2 Fe￿ 2016 not a C8sh flDW s￿lement In ltye5e accounts Going con¢trn The IrLisiee$ Consider th* IhÈe are material UnCer￿nileS abrArt the Chanys ablity to Contsn￿ as 8 giNng co￿eM Transition to FRS 102 In pre￿rIng th# accounts. the trustees have rA)nsthi￿ In applwry ihe a¢countiry Wri￿8$ reouiod by FRS 102 and Chanlie5 SORP FRS 102 a festaiern￿t of oynpafaiyve Fiems was wuired No ￿￿teMentS are rffjuired 8$ a resutt ol the Iran$ilOI lo FRS 102. Income and endowments VolunL4ry Inty)me IDduding aon8iion$ gifts. legaues ar¥J that rKovide ¢ote fuTrl1fj9 or are Df a general Is recognised when Ctsnty has enbtler￿I to Ihe in¢(xr*. Il Is prob3Nè ￿.,hE IWOTne 11 be received ltrt8mwnl can be ¢r￿ured ￿1th 5uffiu&il Going concern Donation5 and legacies are tw?Ised on a r•*vth ba515 wipt Is w￿bab￿ aThY the ¥ttK)Wt can be reii¥bly tneasured. Volunteer help The vaue of any v(Auntsry receNefj 1$ ￿ UK*Jded in the bJt 15 de¥nw In Iruslee8' annu¥l reFvrt EXPENDITURE AND LIABILITJES Liability Recognition Liabilities are reGogTri5ed where Il Is ￿K)re likely Itkgn rnt trve 15 3 CLYStTUCtNe otJi9alion commillin9 cnarily to pay I￿1 ￿$￿tte$ amwni of the oYwalKin c4n be tneasured wth asonable certainty Governance ¢ost8 In¢luJe cost5 01 the preo¥ralw and eXarin*￿ ol slatu￿ry ￿{￿ntS ¢osts of trustee mo￿1 and cost of any legal advsce to IDJsiees g￿Vernan￿ or ¢￿￿tU¢*j￿al fflatt￿5. Fixod 488ets and doprecl*ron A51 tangible fixed assets are caprtai$ed Il they can be used tr mLYe than 8t¥J are stsie¢ ai ¢Qs1 les5 deprec1akn￿ liems of le5S I￿n £10fy) are Th)toxwalised Dtprec5aiioTr has been proyidett al the Trtes In 10 *rriie off the assets Oess I￿r estsmaied residual value) w Ihwr estirnated ￿ ecortriK INe5. Land & BuildiTrJ 2% str•gnt Iirte A regular annual review ofif* likdih(Thl ofass* Impai￿r￿n[ is T8x¥tion The 1$ exempt fram ￿(HY¥ll0￿ taxon rts caariith thibes. Funds stucture poli¢y The tharity FnainL41ns a G*r*tal unreslricied lund wesents funos are exper￿atsIe 81 (h5cretion of Ihe Iru51ees In furtherance of the ¢tyLS oltnÈ ¢n¥nty S￿￿ fiJM$ may be In orderto finance Mth ¥y￿king GapII* and capitsl Invesknenl Re5twed ¢4n 0[￿¥ be fty part￿1 resiricted wrpD5es wlhin the 04ecis of Ine Chatity HART LANE EDUCATION CENTRE Notes to the Acctsunts For the Year Ended 31 Decomber 2023 2 In¢oTNing resources 2023 20Z2 Voluntary incomt Genefal Oonalions 37.SX)7 37.9)7 12.921 12,921 Other Income Rent Receni 26.259 26.259 23.830 23,830 J Rè$our¢es expfynd•d Charitable activities- Staff C051 2023 2022 23.246 23.246 13,531 13.531 Prern16es Cost Rent Non Domestic & Waier Rates Light & Heat Insurancè Repairs 8 MaiiÈnan¢e 6.770 319 350 161 20.163 27.763 1.553 1.786 289 7,433 Administrative expense8 Printing & siaiionary Other Professional Fees 267 4.298 4.565 Otheis Tr8vel & Subsistence Bank Charges Dep￿Cla￿On Sundry Expenses 105 6.819 368 7,292 6.819 6.918 62.866 27.882 GovernanGe costs- Accounlaneyl Iniernal Exam1r￿r 300 4 Stsff ¢05ts and EmolumEnts 2023 2022 Gross Salaries Ernploy8fs Na￿Onal Insurance 23.246 13.531 23.246 13,531 Wumbers of lull tlrno •mployee8 oifull timp •qufvabnl8 2023 2022 Engaoed on ch3ri1able aciiyilies Administration There 4vere no feès orother WU￿ration paid lo Ihe trustees The￿ were employees en￿lUMeThts in exces5 Oft￿.(m￿) K*f 8nnum HART LANE EDUCATION CENTRE Notes to the Accounts For the Year Endod 31 December 2023 S Tangible fixed assets Fr8ehold Property Fixture5 & Fittin9S Total Asset cost, valuation or revalued amount At 01 January 2023 340.962 340,962 Additions Al 31 December 2023 340.962 340.962 Ac¢umulat¢d dtrpr¢¢lation and Impalmient provision¥ Al 01 January 2023 61.372 Charge for the year 6.819 At 31 December 2023 68.191 61.372 6,819 68,191 Net book valu• Al 31 December 2022 279.5 279.590 Al 31 December 2023 272.771 272.771 All assets are use(1 lor charitable purw5es. 6 C￿￿[tOrs-. amounts falling due within one y•ar 2023 2022 Trade creditor5 1,755 1,755 7 Credilors.. Amounts fallFng due after one year 2023 2022 Loans- Qurze Hasna 113.699 107.105 113.699 107.105 Qat7e Hasna is unsecured and interest free money loaned to Ihe charity by members of the public wth no fixed repayment terms. 8 Analysis of the Net Movement in Funds 2023 2022 Nel movement in funds from Statemenl of Ftnancial Activits"es 1,Th)0 8.869 Net movement in funds available for f￿￿re activities 1.000 8.869 9 Net Assets by fund Unrestricted funds Restricted funds Total Fund5 2023 Total Funds 2022 TangFble Frxed Ass•ts Current Assets Current Liabiltties Long Temi Liabilities 272.771 43.439 272.771 43.439 279,59(1 30.781 -1.755 1107.105 201,511 113,699 202.511 173,6991 202,511 10 Related Party Tran$a¢tions No fee or expenses were paid lo trustees or persons connected wrth thern 10