Registered charity number 1166711
LEICESTER COMMUNITY ASSIST
TRUSTEES' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
LEICESTER COMMUNITY ASSIST
CONTENTS
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees' report | 2 - 3 |
| Statement of trustees' responsibilities | 4 |
| Independent examiner's report | 5 |
| Income and expenditure account | 6 |
| Balance sheet | 7 |
| Notes to the accounts | 8 - 9 |
LEICESTER COMMUNITY ASSIST
LEGAL AND ADMINISTRATIVE INFORMATION
| Chairman | Dr Louay Al-Alousi |
|---|---|
| Trustees | Dr Louay Al-Alousi |
| Khalid Ermais | |
| Naeem Muhammad | |
| Mr Anjum Saqib | |
| Abdul Aziz | |
| Principal address | 19 Hylion Road |
| Leicester | |
| LE2 6GP | |
| Charity registration number | 1166711 |
| Accountants | Malik & Co |
| Certified Public Accountants | |
| 32 Turner Road | |
| Leicester | |
| LE5 0QA | |
| Bankers | Al Rayan Bank |
| 94A London Road | |
| Leicester | |
| LE2 0QW |
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LEICESTER COMMUNITY ASSIST
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their report with the financial statements of the charity for the year ended 31st March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019.)
The accounts have been prepared in accordance with the relevant accounting policies and comply with Leicester Community Assist, applicable law and other requirements.
OBJECTS OF THE CHARITY
Leicester Community Assist is a charity with the following objectives:
The prevention or relief of povetry in the UK by providing: grants, items and services to individuals in need and charities, or other organizations working to prevent or relieve poverty.
The promotion of religious harmony for the benefit of the public by educating the public in different religious beliefs including an awareness of their distinctive features and their common ground to promote good relations between people of different faiths.
To advance the Islamic religion in the UK for the benefit of the public through the holding of prayer meetings, lectures, public celebration of religious festivals, producing and distributing literature on Islam to enlighten others about the Islamic religion.
To promote any other charitable purpose for the benefit of those in need that the trustees from time to time determine.
To achieve these aims Leicester Community Assist has organised and been involved in various activities as described later.
ACHIEVEMENT AND PERFORMANCE Charitable activities
Eid Festivals
Eid Festivals were held twice a year, and all members of the local community, regardless of race, religion or background were welcomed. Attendance was in excess of 20k, and activities were provided for all ages. Three of the trustees registered a new charity by the name of "Eid Prayers and Festival (EPF) with the charity commission on 22nd February 2024. The EPF will be responsible for operating Eid Festivals in the subsequent year.
Daily Prayers & Educational Talks
Five daily prayers as well as Friday prayers are held for members of the local community. This benefits over 200 members of the local community every week. Regular educational talks on various topics are also held.
Charitable Grants
Grants have been provided for other registered charities involved in poverty relief work. We provided a grant to our Sister Registered Charity “Eid Prayer and Festival” to take over the responsibility of Eid Prayers and Festivals.
Local Community Aid
Direct aid has been provided to members of the local community who are in need, or experiencing emergency hardship. This has provided in the form of Cash Grants, Payment of Educational Fees and distribution of Food.
FINANCIAL REVIEW
Principal funding sources
Leicester Community Assist raised donations from local communities during the year to maintain the centre and meet the charitable tasks.
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LEICESTER COMMUNITY ASSIST
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024
Reserves policy
We currently have adequate reserves to ensure operational costs are covered for the coming year. Currently no particular figure is set as a reserve fund, but the trustees have adequate financial expertise to monitor the spending of funds.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Leicester Community Assist is a Charitable Trust governed by a Trust Deed dated 15/08/2013 and registered with the Charity Commissioners under the charity number 1166711
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1166711
Principal address
19 Hylion Road Leicester LE2 6GP
Trustees
Dr Louay Al-Alousi Khalid Ermais Naeem Muhammad Anjum Saqib Abdul Aziz
Trustee Induction and Training
All new trustees receive a planned induction programme before taking up their place on the board. This includes an explanation of their roles and responsibilities, an introduction to other trustees, an overview
of recent activities and an explanation of broad format and process.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Review of the Financial Statements
The trustees consider the results of the year to be satisfactory where they received donations and other income of £81,883 (2023: £93,232) and during the year, the charity carried out its objectives successfully.
On behalf of all trustees, we would like to thank all of our donors and volunteers who helped the charity to carry out the activities successfully over the year.
Approved by order of the board of trustees on 30 October 2024 and signed on its behalf by:
………………………. ………………………….
Dr Louay Al-Alousi Naeem Muhammad
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LEICESTER COMMUNITY ASSIST
STATEMENT OF TRUSTEES' RESPONSIBILITIES
Law applicable to charities in England and Wales requires the trustees to prepare accounts for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year (unless the charity is entitled to prepare accounts on the alternative receipts and payments basis).
In preparing accounts giving a true and fair view, the trustees should follow best practice and:
Select suitable accounting policies and then apply them consistently;
Make judgements and estimates that are reasonable and prudent;
State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the accounts;
Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the accounts comply with the applicable law. 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.
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LEICESTER COMMUNITY ASSIST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEICESTER COMMUNITY ASSIST FOR THE YEAR ENDED 31 MARCH 2024
I report on the accounts of the charity for the year ended 31 March 2024, which are set out on pages 6 to 9.
Respective Responsibilities of Trustees and Examiner
As the charity's trustees you consider that an audit is not required for this year. It is the charity's trustees who are responsible for the preparation of the accounts; you consider that the audit requirement of Section 144(2) of the Charities Act 2011 (The 2011 Act) does not apply, and that an independent examination is needed. It is my responsibility to examine the accounts under Section 145 of the 2011 Act and to state, on the basis of procedures, specified in the General Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act, whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as 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 view given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
(1) Which gives us reasonable cause to believe that on any material respect the requirements
-
To keep accounting records in accordance with Section 130 of the 2011 Act; and
-
To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act, have not been met;
OR
(2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mr Q Abbas FICB, ACPA Malik & Co Accountants Ltd Certified Public Accountants Leicester LE5 0QA
30 October 2024
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LEICESTER COMMUNITY ASSIST
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024
| Income resources Donations and offerings HMRC Gift Aid Other Income LCC Grants Total incoming resources Resources expended Expenditure Donation paid out to beneficiaries Festival events cost Iftar food and ramadhan events Printing, postage and stationery Repairs and Maintenance Insurance Sundry expenses and cleaning Telephone, fax and internet Depreciation Management administration Accountancy and bookkeeping fee Total resources expended Net income (expenditure) for the year Funds balance at 1 April 2023 Funds balance as at 31 March 2024 |
Restricted £ 2,936 - - 2,936 2,936 - - - - - - - - - 2,936 - - - |
Unrestricted £ 62,921 13,482 44 2,500 78,947 1,234 66,589 1,735 1,621 1,682 1,902 1,095 324 168 360 76,710 2,237 40,492 42,729 |
Total 2024 2023 £ £ 65,857 72,126 13,482 18,595 44 11 2,500 2,500 81,883 93,232 4,170 14,723 66,589 44,803 1,735 9,233 1,621 1,548 1,682 4,726 1,902 - 1,095 599 324 317 168 210 360 360 79,646 76,519 2,237 16,713 40,492 23,779 42,729 40,492 |
|---|---|---|---|
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LEICESTER COMMUNITY ASSIST
BALANCE SHEET AS AT 31 MARCH 2024
| 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |||
| Fixed assets | |||||||
| Tangible assets | 4 | 670 | 838 | ||||
| Current assets | |||||||
| Cash at bank and in hand | 41,219 | 38,814 | |||||
| Other debtors | 1,200 | 1,200 | |||||
| 42,419 | 40,014 | ||||||
| Current liabilities | |||||||
| Trade creditors and accruals | 360 | 360 | |||||
| 5 | 360 | 360 | |||||
| Net current assets | 42,059 | 39,654 | |||||
| Total assets less current liabilities | 42,729 | 40,492 | |||||
| Income funds | |||||||
| Unrestricted fund | 42,729 | 40,212 | |||||
| Restricted fund | - | 280 | |||||
| 6 | 42,729 | 40,492 |
These accounts were approved by the Trustees on 30 October 2024.
Dr Louay Al-Alousi Trustee
---------------------------Naeem Muhammad Trustee
7
LEICESTER COMMUNITY ASSIST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
1 Accounting policies
1.1 BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
1.2 INCOMING RESOURCES
Donations and offerings are raised from the general public and other charities recognised in the Statement of Financial Activities when they become receivable.
1.3 FUND ACCOUNTING
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds 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.
1.4 RESOURCES EXPENDED
Resources expended are recognised in the period in which they are incurred.
1.5 TANGIBLE FIXED ASSETS AND DEPRECIATION
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated
to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Depreciation rates
Office equipment 20% Reducing balance
TAXATION
The charity is exempt from tax on its charitable activities
2 Trustees remuneration and related party transactions
No trustees received any remuneration or expenses during the year (2023 : £NIL)
There were no related party transactions in the year (2023 : £NIL)
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LEICESTER COMMUNITY ASSIST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
3 Tangible fixed assets
| Cost At 1 April 2023 At 31 March 2024 Depreciation At 1 April 2023 Charge for the year At 31 March 2023 Net book value At 31 March 2024 At 31 March 2023 4 Current liabilities Accruals Amounts falling due within one year 5 Movements in funds At 1 April 2023 At 31 March 2024 |
Restricted fund £ - - - |
Office Equipment £ 1,900 1,900 1,062 168 1,230 670 838 2024 £ 360 360 Unrestricted fund £ 40,492 2,237 42,729 |
Total £ 1,900 |
|---|---|---|---|
| 1,900 | |||
| 1,062 168 |
|||
| 1,230 | |||
| 670 | |||
| 838 | |||
| 2023 £ 360 |
|||
| 360 | |||
| Total fund £ 40,492 2,237 |
|||
| 42,729 |
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