TRUSTEES' ANNUAL REPORT
FOR THE YEAR ENDED 30 JUNE 2025 Charity Registration Number: 1165955
www.shuratrust.org info@shuratrust.org
Trustees Annual Report 2024-2025 Charity Reg Number: 1165955
Contents
| Page | |
|---|---|
| Objects and Activities ... | 2 |
| Legal and Administrative Information … | 3 |
| Current Projects and Future Strategy | 4 |
| Reading Retreat Details | 5 |
| Annual Accounts for the Period | 6 |
| Independent Examiner’s Report | 8 |
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Trustees Annual Report 2024-2025 Charity Reg Number: 1165955
SHURA TRUST
Trustees Annual Report Charity no: 1165955 Year Ended: 30 June 2025
Report of the Trustees
The trustees present their report for the year ended 30 June 2025.
Public benefit
The trustees confirm that they have had and continue to have regard to the Charity Commission's guidance on public benefit.
Objects
Shura Trust aims to achieve the following objectives:
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To enhance public knowledge and understanding of the Muslim faith in the UK by organizing reading circles, lectures, and prayers, thereby promoting enlightenment about Islam.
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To promote religious harmony for the public benefit by fostering knowledge, mutual understanding, and respect for the beliefs and practices of diverse religious faiths.
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To foster social inclusion for the public benefit by collaborating with socially excluded people in the UK who are marginalized due to their ethnicity and Muslim faith. This involves providing assistance to meet their needs and supporting their integration into society. The organization also aims to establish a local network group that enables Muslim community members to engage more effectively with the wider community.
Activities
Shura Trust is a charitable organization that carries out various activities and projects to fulfil its objects. These include weekly reading circles that encourage intellectual discussions and promote a sense of community through informal socializing. The trust also organizes bi-
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Trustees Annual Report 2024-2025 Charity Reg Number: 1165955
annual reading retreats, where participants can reflect on themselves and
engage in intellectual discussions through profound readings. Additionally, the trust hosts social gatherings, tea parties, picnics, and Eid celebrations.
Legal and administrative information
Shura Trust is a charitable organization, registered as a charity on 9th March 2016. The charity was established under a Deed of Trust that established the objects and powers of the charity and is governed by its provisions. The operational management of the trust is in the hands of trustees who maintain the system altogether.
Trustees
The trustees remain at three, being :
- 1.) Mr Mehmet Veysi Yildiz of 18 Forest road, Hinckley, LE10 1HB as chairperson.
2.) Mr Aykan Toma of 24 Staples Drive, Coalville, LE67 4GB as secretary.
- 3.) Mr Husameddin Ates of 45 Monmouth Drive, Leicester, LE2 9RN as treasurer.
Registered Office and operation address
Main office: 18 Forest Road, Hinckley, LE10 1HB. Operational addresses : 128 Percy Road, Leicester, LE2 8FN
10 Watsons house, 120 Nuttall street, London, N1 5LL
179 Lower Braniel Road, Belfast, BT5 7NP
Reporting Accountants
Affirm Accountants Ltd, The Old Courthouse, 18–22 St Peters Church Yard, Derby DE1 1NN
Bank
Natwest Bank, 45 Whitechapel road, London, E1 1DU
Responsibilities of the Trustees
According to the Charities Act, the trustees of a charitable trust are obligated to create financial statements every financial year that accurately reflect the trust's state of affairs as of the balance sheet date, including incoming and outgoing resources, such as income and expenditures. To ensure compliance, the trustees should adhere to best practices, which involve using appropriate accounting policies consistently, making reasonable and prudent judgments, and preparing statements based on the assumption that the trust will continue to operate unless it's impossible to assume so. It is the trustees' responsibility to maintain accurate accounting records that reflect the trust's financial position and to prevent fraud and other irregularities by taking appropriate measures to safeguard the trust's assets.
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Trustees Annual Report 2024-2025 Charity Reg Number: 1165955
Current Projects
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Face-face reading sessions: Reading sessions continued across 13 cities in the UK: London, Birmingham, Brighton, Bournemouth, Leicester, Coventry, Oxford, Cambridge, Ipswich, Glasgow, Edinburgh, Yeovil, and Nottingham. Sessions are held in both Turkish and English and provide a valuable forum for sharing insights on social and philosophical matters.
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A highlight of this year was the significant growth of the Leicester centre. Activity at the centre increased substantially, with a new weekly Tuesday session — the '25th Word Reading and Discussion' — initiated by a newly resident member of the community. This session has proven particularly engaging and inspiring, attracting consistent attendance and is projected to continue throughout the coming year. Ladies also began making greater use of the centre, meeting every Wednesday for their dedicated activities.
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Online classes: The sessions continue with increasing interest specifically in English language. They are more convenient for the participants who live away from any face to face joining to reading session. A new Ladies session has started and grow very quickly with quality participation.
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Online Book Shop: The online book shop continues and is a good portal for sales of resources that we use in our reading circles.
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Reading retreats: A reading retreat was held in May 2025 in North Cumbria, bringing together a select group of young thinkers for one week. The retreat took place in a calm and intellectually enriching environment and proved highly fruitful for the personal and intellectual development of its participants. Full details are provided in the Reading Retreat section.
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Refurbishments: Significant refurbishment work was carried out this year at 128 Percy Road, Leicester, LE2 8FN, which had been initiated in June 2024. Building maintenance expenditure for this period totalled £25,843, reflecting the scale of renovation undertaken. The works have substantially improved the premises for use by the local community. This refurbishment work includes a full renovation of the ground floor, which includes, the entry, living room, kitchen and patio.
6. Temporary Workers: The Trust initiated a new strategy of bringing temporary religious workers from Turkey. With a newly acquired Sponsorship licence we are planning to bring necessary support from abroad through immigration channels. These are special individuals that are called as ‘VAKIF’ within our community. They volunteer and sacrifice some periods of their lives for the support of the charitable
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Trustees Annual Report 2024-2025 Charity Reg Number: 1165955
works. In 2025, our first religious worker arrived at Belfast centre.
The maximum amount of time they can stay is 2 years. After 2 years, they should either switch into minister of religion visa to continue as a major role in the UK or return back to Turkey.
Future Strategy
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The charity plans to continue all existing activities with an increased number of participants.
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Tuesday 25th Word sessions in Leicester are projected to continue and further engage the local community.
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Ladies' sessions will be maintained at the Leicester centre and online platforms, with continued growth anticipated.
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Refurbishment of 10 Watsons House, London, will commence subject to available donations.
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New youth engagement projects will be initiated.
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Participation in Education and Book Fairs will be organised.
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Premises will be rented in London to sustain and expand activities.
Reading Retreat Details
May 2025 Retreat — North Cumbria (Week of May 2025)
The 2025 retreat was held in North Cumbria over the course of one week in May 2025. An elect group of young thinkers gathered in this peaceful and inspiring setting to engage in deep readings and reflective discussion.
| Detail | Information |
| Location/Costs | North Cumbria / £2400 |
| Duration | One week (May 2025) |
| Participants | Select group of young thinkers |
| Theme | Deep readings and reflective intellectual discussion |
| Outcome | Highly fruitful for personal and intellectual development of participants |
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| Charity Name SHURA TRUST |
Charity Name SHURA TRUST |
Charity Name SHURA TRUST |
No (if any): 1165955 |
CC16a | |
|---|---|---|---|---|---|
| Receipts andpayments accounts | |||||
| For the period from |
01/07/2024 Period start date |
To | Period end date 30/06/2025 |
||
| Section A Receipts and payments | |||||
| A1 Receipts | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
|
| Voluntary Donations | 28,571 1,000 - |
- | 28,571 | 26,569 | |
| Charitable activities | - | - | 1,000 | 791 | |
| Gift Aid/Grant | - | - | - | ||
| Interest | - | - | - | ||
| - | - | - | |||
| - | - | - | |||
| Sub total(Gross income for AR) | 29,571 | - | - | 29,571 | 27,360 |
| A2 Asset and investment sales, (see table). |
|||||
| - - |
- | - | - | - | |
| - | - | - | - | ||
| Sub total | - | - | - | - | - |
| Total receipts A3 Payments |
|||||
| 29,571 | - | - | 29,571 | 27,360 | |
| - 25,843 8,091 500 - - - 2,101 8,588 - - - - 1,454 - 126 - - |
|||||
| Bank Charges | - | - | - | ||
| Building Maintenance | - | - | 25,843 | 2,864 | |
| Professional fees | - | - | 8,091 | 1,503 | |
| Rent and Rates | - | - | 500 | 7,446 | |
| Fundraising/marketing | - | - | - | ||
| Telephones and communications | - | - | - | ||
| Motor Vehicle Expenses | 150 | ||||
| Travel and subsistence | - | - | 2,101 | 2,896 | |
| Utilities | - | - | 8,588 | ||
| Website/IT | - | ||||
| Wages abd salaries | - | - | - | ||
| PAYE/Pensions | - | - | - | ||
| Resource for teaching | - | - | - | 227 | |
| Insurance | 1,454 | 2,503 | |||
| Administtration/office | - | ||||
| Sundry Expenses | 126 | ||||
| Grant/Aid | - | 3,780 | |||
| International Aid | - | - | |||
| **Sub total ** | |||||
| 46,703 | - | - | 46,703 | 7,418 | |
| A4 Asset and investment purchases, (see table) |
|||||
Assetpurchase |
- - |
- | - | - | |
| - | - | - | - | ||
| **Sub total ** | - | - | - | - | - |
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||
| 76,273 | - | - | 46,703 | 7,418 | |
| 29,571 | - | - | - 17,132 | 19,942 | |
| - | - | - | - | - | |
| - | - | - | |||
| 29,571 | - | - |
- 17,132 | 19,942 |
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B4 Assets retained for the charity’s own use B3 Investment assets B2 Other monetary assets B1 Cash at Bank |
Signature Details Details Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Endowment funds to nearest £ |
|---|---|---|---|---|
| 5,783 | - | - | ||
| - | - | - | ||
| - | - | - | ||
| 5,783 | - | - | ||
| Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Endowment funds to nearest £ |
||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| - | - | - | ||
| Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||
184246 |
- | - | ||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| Fund to which asset belongs |
Cost (optional) | Current value (optional) |
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| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| Fund to which liability relates |
Amount due (optional) |
When due (optional) |
||
25500 |
- | |||
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| Name | ||||
| Date of approval |
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CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteegl members of SHURA TRUST On accounts for the year ended 30 June 2025 Charity no lif any) 1165955 Set out on pages 1and2 I report to the trustees on my eXaMinatn ofthe accounls of the above charity {'Ihe Trust'l forthe year énded 3010612025 Ro8ponslbllltles and ba8is of report As the charty'$ trustees, you are responsible for the preparation of the accounts in accordan wtth the requirements of the Charities Act 2011 {Ihe A¢t'). I reFQrt in respect of my examinalion of the Trust's accounts carried out under section 145 of the 2011 Act and in ¢8rrying out my examination, I have followed all the applicable Directions given by the Charity Commlssion under section 145151{bl of the Act. Indepèndent l am qUalifd to und8rtake the examination by teing a qualified member of examinerfs statement ACCA & CPAA I have completed my examination. I nriMi that no material matters have me to my attention in connection with the eXaMinatn (other than that disclosed below'l whith gives me cause lo believe that in, any materlal respect.. the accounting records w8r8 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 fomi and contsnt of accounts set out in th6 Charfties (Accounts and ReFK)rts} Regulations 2008 olher than any requirement that the ac(unts give a 'true and fair. view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in Connectlon wilh the examinatKsn to which attention should be drawn in Ihis report in order to enab a proper understanding of the accounts to be reached. Signed: Dats: 1210412026 Narno: Mi¢helle Spencer Relevant professional qualification(sl or body (If any): MAAT- Full Member of Association ofAccounting Technicians {AAT}
Address: 9 Hayling Close, Ilkeston, Derbyshire DE7 9HW Section 8 Disclosure Only complete if the examiner needs lo highlight material mattels of concern (see CC32. Independent examination of charty accounts.. directv)ns and guidance for examiner8). Give here brief details of any items thatthe •xamlner *lshes to disclose. IER Oct 2018