ALMANAR (UK) EDUCATIONAL TRUST FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 A Compaiiy litriiled by gu()rai?leo- Rogislralion No. 07088420 fEI?glaiid) REGISTERED CHARITY NO. 1167415
ALMANAR {UK) EDUCATIONAL TRUST INDEX Page Trustees Report Independent Examiner's Report Summary Of Income and Expenditure Account Balance Sheet Statement of Financial Activities Notes lo the Accounts
ALMANAR (UK) EDUCATIONAL TRUST TRUSTEES, REPORT The trustees (managemenl committee members) present their Report and the Financial Stalements for the period Ended 31 August 2024. Status The Almanar {Uk} Educational Trust is a registered charity under the charity number 1167415. It has no taxable activities and is therefore not liable to U K taxation. It 15, however, unable to reclaim VAT on expenditure incurred. Company Registration No. Charity Registration No. 7088420 1167415 Trustees The trustees who held office during the year were as follows.. Mohammed Ghassan Kouzali Ismail Mohammed Farhat Mohamed Kara Mohamed Amjad Hamza Bankers HSBC Bank 760 Wilmslow Road Didsbury Manchester, M20 2DP Accountants Zaheer & Co Accountants 63 Kingsway , Burnage, Manchesler.M19 2LL Principal Activities The principal activity of the school during the year was that of providing evening classes to teach the Arabic language , islamic studies , cultural studies,maths and science . This covers children of both saxes with age range of 4-16 years. The charity is a limited company by guarantee and is non-profit making. Organisational Structure The charity is a limited company by guarantee. The trustees (management committee members) are responsible for the overall management and conlrol of the charity. Risks The trustees have taken steps to establish the risks lo which the charity is exposed and have put systems in place to mitigate those risks.
ALMANAR (UK} EDUCATIONAL TRUST TRUSTEES, REPORT {cont... I Review of the Results The trustees consider that the results set out on pages 5 to 9 are satisfactory. They are of the opinion that the balance on the funds is sufficient to meet any future commilments. Fixed Assets The movement in fixed assets is set out in Note 8 lo the Accounts. Trustees Responsibilities Charity law requires the trustees to prepare accounts for each financial year (or other accounting period} which give a true and fair view of the state of affairs of Ihe Company and of its surplus or deficit for that year. In preparing those financial statements, the trustees are required to.. select suitable accounting policies and apply them consistently., make judgements and estimates that are reasonably prudent., prepare accounts on a going concern basis unless it Is inappropriate to presume that the company will continue in business. The trustees are responsible for keeping proper accounting records which disc105e with feasonable accuracy at any time the financial position of the company and to enable them lo ensure that the accounts comply with the Charity Act 1993. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularilies. In preparing the above report, the trustees have taken advantage of special exemptions applicable to small companies. Signed on Behalf of the Board.. Trustee Mohammed Ghassan Kouzali - 2025
ALMANAR IUKI EDUCATIONAL TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report on the accounts of the Almanar (Uk) Educational Trust Ltd, registered charity number 1167415 and company registration number 7088420 for the accounts period ended 31 August 2024 set out on pages 4 to 9. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The Gharily's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 144{2} of the Charities Act 2011 Ilhe 2011 Act) and that an independent examination is needed. 11 is my responsibility lo.. examine the accounts under section 145 of the 2011 Act. lo follow the procedures laid down in the General Directions given by the Charity Commission examine the accounts under section 14515){bl of the 2011 Act. 10 state whether particular matter5 have come to our allenlion. BASIS OF INDEPENDENT EXAMINER'S REPORT: My exarninalion was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes the accounting records kept by the charity and a compari50n 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 Iruslees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts. INDEPENDENT EXAMINER'S STATEMENT: In connection with our examination, no matter has come lo our atlenlion,. 11 } which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section130 of the 2011 Act., and lo prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met., or 121 to which, in my opinion. attention should be drawn in order to enable a proper understandin9 accoun15 to be reached. Mr Farroukh Zaheer (FCCA) Zaheer & Company Chartered Certified Accountants 63 Kingsway Burnage Man¢hester M19 2LL Date..
ALMANAR {UK) EDUCATIONAL TRUST SUMMARY OF INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 AUGUST 2024 Notes 2024 2023 Income and Endowments Expenditure Net income (expenditure) for the period 12) 222,357 174,857 47,500 223,067 170,1851 52,882 131 Net Income lexpendilure) before tax 47,500 52,882 Tax payable {41 Net income {expenditure) after taxation 47,500 52,88?. Total Funds Brought Fotward 274,515 226,633 Adjustment to Uganda project 15,0001 Total Funds Carried Forward {131 322,015 274,515 RECONCILIATION OF STATUTORY INCOME AND EXPENDITURE ACCOUNT TO SOFA Nel income ex endilure for the ear After Taxation Total Nel Income for the year per SOFA - Page 6 Total Nel Income as above 47,500 47,500 52,882 Retained Income Carried Fonmard Total funds Clfwd per SOFA - Page 6 Retained Funds Carried Fotward as above 322,015 322,015 274.515 274,515 The notes on pages 7 10 10 form part of these financial statements.
ALMANAR (UK) EDUCATIONAL TRUST BALANCE SHEET AS AT 31 AUGUST 2024 2024 2023 Notes FIXED ASSETS Tangible Fixed Assets 18) 536,571 537,961 CURRENT ASSETS 19) 187,051 187,051 138,228 138,228 LIABILITIES. Amounts falling due within one year {10} 780 847 NET CURRENT ASSETS 186,271 137,381 LIABILITIES.. Amounts falling due after more than one year 400,827 400,821 400,827 400,827 TOTAL NET ASSETS 322,015 274,515 ACCUMULATED FUNDS Unreslricled Reslricled {131 {131 310,872 11 143 322,015 263,712 10,803 274,51J The directors are satisfied that the company is entitled to exemption under section 477 of the companies Act 2006 and that no member have requested an audit pursuant to section 476 of the Act. Thc directors acknowledge their re5ponsibilily for complying with the requirements of the companies Act 2006 with respect to accounting records and the preparation of the accounts. The accounts have been prepared in accordance with the provisions applicable to small companies subject lo the small companies regime and in accordance with FRS 102 SORP. Approved on behalf of the Board ruglee Ismail Mohammed Farhat Trustee Mohammed Ghassan Kouzali Date.. 2025 The notes on pages 7 to 9 form part of these financial slalements.
ALMANAR {UKI EDUCATIONAL TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 AUGUST 2024 Year Ended 31.08.24 Total Funds Year Ended 31.08.23 Total FLJnds Notes Unrestricted Reslricled Endowment Funds Funds Funds Income And Expendilure Donations and legacies 121 School fees Uganda school proje¢l Interest received Other trading activities Total Income And Endowments 187,626 187,626 340 2,405 31,986 222,357 190,301 750 823 31,193 223,067 340 2,405 31,986 222,017 340 Expenditure on Expenditure on raising funds 15) Expenditure on ¢harilable activities 16) 174,857 174,857 170.185 Total Expenditure 174,857 174,857 170,185 Net income before lax 47,160 340 47,500 52,882 Tax payable 141 Nel Income (Expenditure) Net Income {Expenditure) After Tax 47.160 340 47,50C) 52,882 Net Income For The Year 47,160 340 47,500 52,882 Total Funds Brought Forward 263,712 10,803 274,515 226,633 TOTAL FUNDS CARRIED FIWD 1131 310,872 11,143 322,015 279,515 The note5 on page5 7 10 9 form part of these financial statements.
ALMANAR {UKI EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 ACCOUNTING POLICIES The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015} the Accounting and Reporting by Charities Statement of recommended practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Enlilies published on 16th July 2014 {SORP 20151 and the Companies Act 2011 and Companies Act 2006. Income All income resources are recognised in the accounts once the charity has the enlitlemenl to the resources. enditure All expenditure has been reflected in the Slalemenl of Financial Activities on an accrual basis. Expenditure includes VA T which can not be fully recovered and is reported as part of the Expenditure to which it relates, Ilalisalion and De Valuation Ca_ reciation of Fixed Assets Fixed assets are included in the accounts al nel book value, Depreciation is provided to write off the cost less the estimated residual value of tangible fixed assets over their estimated useful lives as follows:. Fixture, fittings and equipment 25 0/0 on cost Taxation The organisalion is exempt from income lax by reason of ils charitable status. Income tax suffered on Investment income is reclaimed in lull. Reserves The organisation aim lo maintain sufficient reserves lo cover three months running costs. INCOME AND ENDOWMENTS This represents fees receiveable for the provision of services to members and other trading income, the company is a non-profit making. NET INCOME (EXPENDITURE} 2024 2023 Nel income (expenditure) is stated after charging. Depreciation- owned assets 1,390 1,855 TAX ON SURPLUS ON ORDINARY ACTIVITIES
ALMANAR {UKI EDUCATIONAL TRUST NOTES TO TI IE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 (cont . I Expenditure on Raising Funds Unrestricted Restricted Funds Funds Total 2024 Total 2023 Volunteer exoenses Expendituro on Charitable Activities Unrestricted Restricted Funds Funds Tola 2024 Total 2023 Notes Teaching Staff cost Tular cost Text books and learning malerial Uganda school project Festival and presentation cost Gills School activities Support costs 101.108 15.307 12,591 101,108 15,307 12,591 83701 23403 8975 10000 752 451 1,085 479 43,835 174,857 451 1,085 479 43.835 174.857 2121 41,233 170,185 Analysis of Support Costs Unrestricted Restricted Funds Funds Total 2024 Total 202J Accountancy fees Exam fecs Rent and rates Cleaning Bank Charges Printing & Slalionery Insurance Course fees Company house Traning cost Subdcripiions Online library software Computer maint. & web hosting Service charge & coucil lax Ground rent Repairs & maintenance Onsite security Telephone and inlernel Sundry expenses Depreciation 1428 780 24,615 22 138 1,409 896 2,132 40 117 273 3,788 70 3,240 172 1,280 855 90Q 291 1,390 43,835 1.428 780 24,615 22 138 1,409 896 2,132 40 117 273 3,788 70 3,240 172 1,280 855 900 291 1,390 43,835 1,900 22,255 454 206 1,749 836 40 80 751 3,437 370 4,009 415 1,262 1,350 238 26 1,855 41,233
ALMANAR IUKI EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 Iconl.. 9 TANGIBLE FIXED ASSETS Fittings & Land And Equipment Property Total COST At 1 September 2023 13,399 532,400 545,799 Al 31 August 2023 13,399 532,400 545,799 DEPRECIATION Al 1 September 2023 Charge for the Year Al 31 August 2024 7,838 1,390 9,228 7,838 1,390 9,228 NET BOOK VALUE Al 31 August 2024 4,171 532,400 536,571 Al 31 August 2023 5,561 532,400 537,961 CURRENT ASSETS 2024 2023 Cash at bank Other debtors 187,036 138,228 187051 138,228 10 LIABILITIES.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Paye payments Accruals and creditors 67 780 847 780 78Q LIABILITIES.. AMOUNTS FALLING DUE AFTER ONE YEAR 2024 2023 Trustees funds 400.827 400,827 400,821 400,827 12 COMPANY STATUS The charity is limited company by guarantee and has no share capital. All members have agreed lo contribute a sum not exceeding £ 10 { £1 for unwaged individuals) in event of winding up. 13 RESERVES Unre5tricled Restricted Fund5 Funds Total 2024 Toldl 2023 Balance as at 31.08.2023 Adjustment ta Uganda Project Add. nel income lexpenditurel for the year Total Reserves 263,712 10,803 274,515 226,633 15,0001 52,882 274,515 47,160 310,872 340 11,143 11,143 47,500 322,015 Balance carried forward 310,872 322,015 274,515