Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name ZUHRI TRUST members of On accounts for the year 31/03/2021 Charity no 1167854 ended (if any) Set out on pages 1-6 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2021.
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:[MSuleman ] Date: 27/01/2022 Name: M.SULEMAN Relevant professional ACCOUNTANT qualification(s) or body (if any):
Address: 103 LONDON ROAD LEICESTER LE2 0PF
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
October 2018
IER
1
Give here brief details of any items that the examiner wishes to disclose .
October 2018
IER
2
CHARITY REGISTRATION NUMBER 1167854 ZUHRI TRUST
FINANCIAL STATEMENTS 31 MARCH 2021
ZUHRI TRUST
FINANCIAL STATEMENTS PERIOD TO 31 MARCH 2021 CONTENTS PAGE
Trustees Annual Report 1-3 Receipts and Payments Account Statement 4 Statement of Assets and Liabilities 5 Notes 6
ZUHRI TRUST
TRUSTEES ANNUAL REPORT PERIOD TO 31 MARCH 2021
The Trustees have pleasure in presenting their report and the unaudited financial statements of the Charity for the period to 31 MARCH 2021.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name ZUHRI TRUST
CHARITY REGISTRATION number 1167854
Registered office: 24 Crawley Green Road, Luton, LU2 0QX
THE Trustees
The Trustees who served the charity during the period were as follows: MD ENAMUL HOQUE FARHAN (appointed 16/07/2021) MR ATIF MAHMOOD (resigned 19/07/2021) MR MUHAMMAD RAYHAN MR MUHAMMED ZILLUL HAQUE MR SAQIB MAHMOOD MR SHAHID MAHMOOD
STRUCTURE, GOVERNANCE AND MANAGEMENT
ZUHRI TRUST is a Charitable Incorporation Organisation (CIO) governed by its Constitution executed on the 27[th] June 2016 and registered with the Charity Commission on the 27[th] June 2016.
OBJECTIVES AND ACTIVITIES
The objectives of the organisation, as set out in its governing document are:
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(1) To advance the religion of Islam, by means of, but not exclusively, promoting the teachings and tenets of Islam, provision of facilities for worship and provision of facilities for Islamic education, in accordance with the teachings of the Quran and Sunnah of the Prophet Muhammad PBUH as expounded by the Sunni Muslim School of Thought;
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(2) To advance education for the benefit of the poor, the underprivileged and the general public by means of, but not exclusively, the provision or the assistance in the provision of educational activities and facilities, such as supplementary schools, training centres and schools;
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(3) To promote racial and religious harmony for the benefit of the public by promoting knowledge and mutual understanding between different racial and faith groups, in ways that reduces conflict and creates trust, unity and peace between them.
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ZUHRI TRUST
TRUSTEES ANNUAL REPORT (continued)
PERIOD TO 31 MARCH 2021
ACHIEVEMENTS AND PERFORMANCE
During the year, ZUHRI TRUST has successfully delivered a programme of Islamic Education for adults and children via talks, seminars and workshops. The charity delivered the following programmes:
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Youth Circles on Islamic Teachings
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Ramadhan Seminar on Spirituality Eid Talk on Caring for the Needy Quraan Education Seminar Topical Islamic Talks Islamic guidance and Counselling
The number of beneficiaries for each activity delivered varied from 30 to 90 members of the public and during the course of the period, the charity has benefitted over 300 people.
PUBLIC BENEFIT STATEMENT
The trustees have considered the general guidance on public benefit issued by the Charity Commission and has taken due regard of that guidance. The trustees consider that they are satisfied furthering Islam via delivering Islamic Education activities and activities that enhance the spirituality of the members of the public.
FINANCIAL REVIEW
ZUHRI TRUST had secured funds from donors for their activities and recovered some gift aid from donations received. A total of £188,792 was received during the year in donations, date sale contributions and gift aid. The charity also received £270,210 of interest-free loans during the priod in order to raise funds to purchase a permanent premises for the activities of the charity. During the year, we expended £41,898 of which £4,215 was for dates retained for future sale. The other major expenditure was the costs for the premises for hire and refurbishment and staff costs. In this period, there was a surplus of £417,204 which was added to the prior reserves held of £9,814. Carried forward reserves were £427,018 which were retained for the purchase of a premises. The trustees have agreed a reserves policy of retaining £3,000 for the continuation of the operations in the event that income reduces significantly.
PLANS FOR FUTURE PERIODS
Future plans are to continue to run the Islamic Education programmes and Spirituality workshops at a permanent premises belonging to the charity. The trustees intend to secure further donations to increase the scale of their activities to target more beneficiaries, as well secure the purchase of the permanent charity premises.
RESPONSIBILITIES OF THE TRUSTEES
The charity trustees are respons
in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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ZUHRI TRUST TRUSTEES ANNUAL REPORT (¢rfnwdJ PERIOD TO 31 MARCH 2021 The law applicable to chaiities in England and Wal8s requires the chariiy trustees to prepare financial statements for each year bNthi¢h give a true and fair view of the state of affairs of the ch8rity and of the incoming resources and application of resources. of the charity for that period. In preparing the financial statements. the trustees are required to.. select suitabl8 accounting polic and then apply them consistenty: otjserve the methods ar princi in appltcable Chamies SORP, where It ts requirad: make judgements and estimates that are reasonable and prlent. state whether applicable accounting standards have been followed. subject to any mateiial departures disclosed and explained in the financial ststements; prepare the finanual statements on the going concem basis unless it is inappropriate to wesume thal the charity will continue in business. The trustees are responsibl8 for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charitses (Accounts and Rèports) Regulations, and the provisions of thè Constitution. They are also responsible for safeguarding the assets of the charity and taking reasonabk steps for the prnvention and detection of fraud and other irregUritIes. The trustees are responslble for the malntenance arKI intryrity of thB thaTity and financial infonnation included on the charty's website. Legislation in the United Kingdom goveming the preparation and dissemination of financial statements may differ from legislab'on in other jurisdtctions. APPROVAL The report was apwoved by the Trustees on And sned on their behalf by Muhammad Rayhan 27-01- 2olL Trustee
ZUHRI TRUST RECEIPTS AND PAYMENTS ACCOUNT STATEMENT PERIOD TO 31 MARCH 2021
| Total Funds | Total Funds | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Period to | 2020 | ||
| Funds | Funds | 31 Mar 21 | |||
| Note | £ | £ | £ | ||
| RECEIPTS | |||||
| Donations | 2,3 | 178,642 | - | 178,642 | 40,489 |
| Date Sale Contributions | 8,830 | - | 8,830 | ||
| Gift Aid | 1,414 | - | 1,414 | 1,728 | |
| Interest | 6 | 6 | 4 | ||
| Sub total | 188,792 | - | 188,792 | 42,221 | |
| ASSETS PURCHASES/RECEIVED | |||||
| Loans | 270,210 | - | 270,210 | - | |
| Sub total | 270,210 | - - |
270,210 | - | |
| TOTAL RECEIPTS | 459,102 | - | 459,102 | 42,221 | |
| PAYMENTS | |||||
| Premises Hire and Repairs | 20,995 | - | 20,995 | 22,321 | |
| Staff Costs | 13,630 | - | 13,630 | 9,355 | |
| Catering & Dates | 1,758 | - | 1,758 | - | |
| Office Equipment | 500 | - | 500 | - | |
| Bank Charges | 417 | - | 417 | - | |
| Cleaning | 257 | - | 257 | - | |
| Electricity | 126 | - | 126 | - | |
| Accounts Examination Fee | - | - | - | 1,300 | |
| Grants | - | - | - | 70 | |
| Sub Total | 37,683 | - | 37,683 | 33,046 | |
| ASSETS & INVESTMENT | PURCHASES | ||||
| Loan Repayment | - | - | - - |
||
| Dates | 4,215 | 4,215 | 12,615 | ||
| TOTAL PAYMENTS | 41,898 | - | 41,898 | 45,661 | |
| NET OF RECEIPTS/PAYMENTS FOR | |||||
| THE PERIOD | 417,204 | - | 417,204 | (3,440) | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 9,814 | - | 9,814 | 13,254 | |
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 427,018 | - | 427,018 | 9,814 |
The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities.
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ZUHRI TRUST STATEMENT OF ASSETS AND LIABILITIES 31 MARCH 2021 31 Mar 21 31 Mar 20 CASH FUNDS Cash at bank and in hand 427,018 427,018 9.814 TOTAL CASH FUNDS 427,018 427,018 9,814 ASSETS RETAINED 8.oc UABIUTIES Accounts Examination Feas General Funds- 2020 Fee General FurKl$- 2021 Fe8 Interest Free Loans 270.210 Total Llablllll•s 271.610 These accounts vmre approved by the Truste8s on and are signed on their behalf by Muhammad Rayhan: z7-01-2oZ Trust9• CFL4RITY REGISTRATION Number. 1167854
ZUHRI TRUST
NOTES TO THE FINANCIAL STATEMENTS PERIOD TO 31 MARCH 2021
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, and the Charities Act 2011. The trustees have under section 133 of the Charities Act 2011 prepared receipts and payments accounts for the period.
2. VOLUNTARY INCOME
| 2. VOLUNTARY INCOME | |||
|---|---|---|---|
| **Unrestricted ** | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Donations | |||
| Public Donations | 178,642 | - | 178,642 |
| Date Sale Contributions | 8,830 | - | 8,830 |
| Gift Aid | 1,414 | - | 1,414 |
| ===== | ======= | ===== | |
| 188,886 | - | 188,886 |
3. VOLUNTARY INCOME BY FUND TYPE
| **Unrestricted ** | Restricted | Total | |
|---|---|---|---|
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Donations | |||
| General Funds | 188,886 | - | 188,886 |
| ===== | ===== | ===== | |
| 188,886 | - | 188,886 |
4. TRUSTEE & CONNECTED PARTY TRANSACTIONS
During the period, there were payments made to a connected party of trustee M Rayhan which totalled £4,657 for services rendered under a service contract.
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