NOBLE EDUCATION TRUST Charity number-1169690
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOV 2022
Elite Accountancy 102 Mile End Road London E1 4UN
NOBLE EDUCATION TRUST
FOR THE YEAR ENDED 30 NOV 2022
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 2022
Charity Information
Trustees Mohammed S Hannan Chair FKM Shahjahan Trustee 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 2022
The Trustees present their report and the financial statements for the year ended 30 Nov 2022
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.
| Mohammed S Hannan | Chair |
|---|---|
| FKM Shahjahan | Trustee |
| Alauddin Ahmad | Trustee |
| 0 | 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 £4,083 as at 30 Nov 2022.
Page-1
NOBLE EDUCATION TRUST
FOR THE YEAR ENDED 30 NOV 2022
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 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 28 September 2023 and signed on it's behalf by
Signed .....................................................on their behalf
Mohammed S Hannan
Chair
Page-2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
NOBLE EDUCATION TRUST
for the year ended 30 Nov 2022
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 28/09/2023
Page-3
NOBLE EDUCATION TRUST
STATEMENTS OF FINANCIAL ACTIVITIES FOR THE PERIOD 1 December 2021 TO 30 NOVEMBER 2022 (All income and expenses are unrestricted)
| INCOMING RESOURCES Student fees income Donations Coronavirus Job Retention Scheme RESOURCES EXPENDED Rent Rates Light & heat Cleaning Advert Water Rates Planning application Website and IT Salary Temporary Imam Khutba fee Volunteer cost Telephone & Internet Travel & tours Books & materials Equipment Equipment hired Printing, Postage & Stationary Profesional fee Consultancy fee Depreciation:Furniture & Equipment Repair & Maintenance Staff-Meeting & Entertainment Radio studio Subscription Fee Student Gifts, Certificates Insurance Pension Contribution Sundries NET INCOME /DEFICIT FOR THE YEAR Funds as at 30 November 2021 Funds as at 30 November 2022 |
2022 £ 133,716 256,155 389,871 60,000 7,524 12,513 1,552 3,944 65 151,744 50 11,954 1,407 3,926 134 6,763 8,537 1,661 18,081 6,214 1,729 694 3,586 1,075 271 710 304,132 85,739 7,501 93,240 |
2021 £ 150,149 65,315 51,255 266,719 60,000 10,657 15,386 1,978 263 615 1,800 1,120 120,708 22,246 1,134 2,637 711 3,575 264 3,589 1,810 3,366 1,231 3,561 1,045 648 84 46 487 65 820 259,847 6,872 629 7,501 |
|---|---|---|
The notes on page 6 form part of these accounts.
NOBLE EDUCATION TRUST
BALANCE SHEET AS AT 30 NOVEMBER 2022
| 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 |
2022 £ 4,083 - 4,083 21,389 73,302 94,691 (2,268) 92,423 96,506 96,506 96,506 |
2021 £ 3,594 - 3,594 14,593 14,593 (7,418) 7,175 10,769 10,769 10,769 |
|---|---|---|
Approved by the Board of Trustees on 28 September 2023 and signed on it's behalf by
Mohammed S Hannan 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 2022
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 December 2020 Addition At 30 November 2021 Depreciation: At 1st December 2020 Charge for the year Net Book Value As at 30November 2021 As at 30 November 2020 |
Leaseho Fixture & Building Fitting Total £ £ £ 6,157 6,157 - - 6,157 6,157 - 1,332 1,332 - 1,231 1,231 - 2,563 2,563 - 3,594 3,594 - 4,825 4,825 |
|---|---|
Page - 6
NOBLE EDUCATION TRUST
Notes to the financial statements for the year ended 30 November 2022
| 3. Creditors: Professional fees Taxation Other creditor |
2022 2021 £ 6,518 607 900 24,353 7,418 24,960 |
|---|---|
4. Trustees' Remuneration:
None of the trustees were remunerated.