NOBLE EDUCATION TRUST Charity number-1169690
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOV 2020
Elite Accountancy 102 Mile End Road London E1 4UN
NOBLE EDUCATION TRUST
FOR THE YEAR ENDED 30 NOV 2020
Contents:
| Contents: | |
|---|---|
| Page no | |
| Report of the trustees | 1 - 2 |
| Report of the Independent Examiner | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the financial statements | 6 |
NOBLE EDUCATION TRUST FOR THE YEAR ENDED 30 NOV 2020
Charity Information
Trustees FKM Shahjahan Chair Alauddin Ahmad Trustee M A Munim Jahedi Trustee Charity number 1169690 Principal Office Compass House, Neville Street Chadderton, Oldham OL9 6LD Independent Examiner Md Yousuf Ali FCCA Bank Barclays
NOBLE EDUCATION TRUST
Trustees' Report for the year ended 30 Nov 2020
The Trustees present their report and the financial statements for the year ended 30 Nov 2020.
Governing Instrument:
The charity's objects and regulations are regulated by the constitution adopted in 1994 and the charity is an unincorporated association.
The objects of the charity is to provide the following activities: Religious Activities, Children/Young People, Elderly/Old People, People With Disabilities, The General Public/Mankind, Makes Grants To Individuals, Makes Grants To Organisations, Provides Human Resources, Provides Buildings/Facilities/Open Space, Provides Services, Provides Advocacy/Advice/Information, Sponsors Or Undertakes Research, Acts As An Umbrella Or Resource Body
The charity is organised with a committee (Board of Trustees) elected by the members to oversee the overall activities and one of the committee member is nominated as chairperson, to monitor the day to day running of the charity.
Trustees and/or principal officers:
The following officers of the charity have held office for the whole of the year.
| FKM Shahjahan | Chair |
|---|---|
| Alauddin Ahmad | Trustee |
| M A Munim Jahedi | Trustee |
The trustees are eligible, in committee, to appoint additional trustees under the terms of the constitution.
Activities and Achievements:
During the year the charity continued to collect donations from the members of public as well as memberships' fees. There are continuous commitment from the users and members to support the charity's activities.
Review of Transactions and Financial Position:
With the committmentas indicated above, the financial position of the charity is very secure with net asset of £3,896 as at 30 Nov 2020.
Page-1
NOBLE EDUCATION TRUST FOR THE YEAR ENDED 30 NOV 2020
Statement of Trustees' Responsibilities.
Under the Charities Act 1993 , the trustees are required to prepare a statements of accounts for each financial year which gives a true and fair view of the state of affairs of the charity at the end of the financial year and of the incoming recourses in the year. In preparing the statement, the trustees are required to:
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select suitable accounting policies and apply them consistently,
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make judgements and estimates that are reasonable and prudent,
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state whether applicable accounting standards and statements recommended practice have been followed, subject to any material departures disclosed and explained in the statements of accounts.
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prepare the financial statements on the going concern basis unless
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it is inappropriate to presume that the charity will continue its operations.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity at that time and to enable the trustees to ensure that any statement of account prepared by them complies with the regulations under section 42(1) of the Charities Act 1993. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities
Approved by the Board of Trustees on 27 July 2021 and signed on it's behalf by
Signed .....................................................on their behalf
FKM Shahjahan
Chair
Page-2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
NOBLE EDUCATION TRUST
for the year ended 30 Nov 2020
We have examined the accounts and statements on pages 4 to 6, which have been prepared on the basis of accounting policies set out on page 6.
Respective responsibilities of Trustees and Examiner:
The trustees of the charity are responsible for the preparation of accounts;they consider the audit requirement under section 43(2) of the Charities Act 1993 does not apply. We have been appointed under section 43 of the Charities Act 1993 and report in accordance with regulations made under section 44 of that Act. It is our responsibility to examine the accounts, without performing an audit, and to report to the trustees.
Basis of Examiner's Statement:
This report is in respect of an examination carried out under section 43 of the Charities Act 1993 and in accordance with the directions given by the Charity Commissioners under section 43(7)(b). An examination includes a review of the accounting records kept by the trustees and a comparison of the account and making such enquiries as are necessary for the purposes of this report. The procedures undertaken do not constitute an audit.
Examiner's Statement:
Bases on our examinations, no matter has come to our attention which gives us reasonable cause to believe that in any material respect accounting records have not kept in accordance with section 41 of the Charities Act 1993, or that the accounts presented do not accord with those records or comply with the accounting requirements of the Charities Act 1993. No matter has come to our attention in connection with our examination to which, in our opinion, attention should be drawn to enable a proper understanding of the accounts.
MD YOUSUF ALI FCCA
ELITE ACCOUNTANCY 102 Mile End Road London E1 4UN 27/07/2021
Page-3
NOBLE EDUCATION TRUST
STATEMENTS OF FINANCIAL ACTIVITIES FOR THE PERIOD 1 JUNE 2019 TO 30 NOVEMBER 2020 (All income and expenses are unrestricted)
| INCOMING RESOURCES Student fees income Donations Coronavirus Job Retention Scheme RESOURCES EXPENDED Rent Rates Light & heat Advert Planning application Website and IT Salary Volunteer cost Telephone & Internet Travel & tours Books & materials Printing, Postage & Stationary Profeesional fee Consultancy fee Depreciation:Furniture & Equipment Repair & Maintenance Staff-Meeting & Entertainment Radio studio Student Gifts Insurance Pension Contribution Donation Sundries Interest paid NET INCOME /DEFICIT FOR THE YEAR Funds as at 31 May 2019 Funds as at 30 November 2020 |
2020 2019 £ £ 185,259 149,235 22,967 3,104 22,586 230,811 152,339 60,000 60,000 13,169 11,709 19,617 17,588 160 4,640 160 259 87,131 39,700 15,112 3,357 775 501 5,105 5,960 6,947 716 2,123 2,942 1,710 960 3,366 1,231 101.00 5,051 433 3,528 1,029 1,233 988 487 608 489 878 72 46 2 232,081 147,802 (1,270) 4,536 5,165 629 3,896 5,165 |
|---|---|
The notes on page 6 form part of these accounts. Page - 4
NOBLE EDUCATION TRUST
BALANCE SHEET AS AT 30 NOVEMBER 2020
| Notes Fixed Assets: 2 Fixture & fittings Leasehold Building Development Current Assets: Debtors & prepayments Cash at Bank and in hand Creditors: Amount falling due within one year 3 Net Current Asstes Net Assets Funds Unrestrcted funds Total Funds |
2020 2019 £ £ 4,825 404 - - 4,825 404 24,031 30,065 24,031 30,065 (24,960) (25,304) (929) 4,761 3,896 5,165 3,896 5,165 3,896 5,165 |
|---|---|
Approved by the Board of Trustees on 27 July 2021 and signed on it's behalf by
FKM Shahjahan Chair
The notes on page 6 form part of these accounts.
Page - 5
NOBLE EDUCATION TRUST
Notes to the financial statements for the year ended 30 November 2020
1. Accounting Policies
1.1 Basis of preparation of accounts:
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities.
1.2 Donations receivable:
Donations for immediate expenditure are accounted for when they become receivable.
1.3 Tangible fixed assets and depreciation:
Fixed assets for the charity use are capitalised at cost. They are stated in the accounts at cost less depreciation.
Depreciation is calculated to write off the cost less their estimated residual value, over their expected useful lives on the following bases:
Furniture and Equipment:
20% on reducing balance.
2. Tangible Fixed Assets:
| Cost: At 1st June 2019 Addition Depreciation: At 1st June 2019 Charge for the year Net Book Value As at 31 May 2020 As at 31 May 2019 |
Leasehold Fixture & Building Dev Fitting Total £ £ £ 505 505 5,652 5,652 - 6,157 6,157 - 101 101 - 1,231 1,231 - 1,332 1,332 - 4,825 4,825 - 404 404 |
|---|---|
Page - 6
NOBLE EDUCATION TRUST
Notes to the financial statements for the year ended 30 November 2020
| 3. Creditors: Professional fees Taxation Students fees in advance |
2020 2019 £ 960 607 349 24,353 23,995 24,960 25,304 |
|---|---|
4. Trustees' Remuneration:
None of the trustees were remunerated.