NOBLE EDUCATION TRUST Charity number-1169690 FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOV 2023 Elite Accountancy 102 Mile End Road London E14UN NOBLE EDUCATION TRUST FOR THE YEAR ENDED 30 NOV 2023 Contents.. Page no Report of the Iruslees Report of the Independent Examiner Statement of Financial Activities Balance Sheet Notes to the financial statements NOBLE EDUCATION TRUST FOR THE YEAR ENDED 30 NOV 2023 Charity Information Trustee$ M A Munim Jahedi Chair Mohammed S Hannan Trustee Alauddin Ahmad Trustee FKM Shahjahan 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 2023 The Trustee5 present their report and the financial ststemenls for the year ended 30 Nov 2023 Governing Instrumont: The charity's objects and regulations are regulated by the conslrtulion adopted in 1994 and the charty is an unincorporated association. The objects of the charty is lo provide the following activities". Religious Aclivrties, ChildrenNoung People, Eldertylold People, People %Nrth Disabilf(ies, The General Publiclmankind, Makes Grants To Individuals, Makes Grants To Organisations, Provides Human Resources, Provides BuildingslFacilfiieslOpen Space, Provide5 Services, Provides AdvocacylAdvicellnformation. Sponsors Or Undertakes Research, Acts As An Umbrella Or Resouree Body The charity is organised with a committee (Board of Trusleesl ele¢ted by the members lo oversee the overall activities and one of the committee member is nominated as chairperson, to monitor the day lo day running of the charity. Trustees andlor principal officers: The following officers of the charty have held office for the whole of the year. M A Munim Jahedi Mohammed S Hannan Alauddin Ahmad FKM Shahjahan Chair Trustee Trustee Trustee The tru51ees are eligible, in committee, to appoint additional trustees under the terms of the constitution. Activltles and Achievements.. During the year the charity continued lo ¢ollect donations from the members ol public as well as memberships. fees. There are continuous commitment from the users and members lo support the charity's aclivilies. Revlew of Transaetions and Financial Position: Wrth the committmenlas indicated above, the financial position of the charity is very secure with net asset of £227,308 as at 30 Nov 2023. Page-1 NOBLE EDUCATION TRUST FOR THE YEAR ENDED 30 NOV 2023 Statement of Trustees, Responsibilities. Under the Charities Act 1993 , the trustees are required to prepare a slalements of accounts for each financial year wh￿h gives a true and fair view of the stale of affairs of the charrty al the end of the financial year and of the incoming recourses In the year. In preparing the slalement. the Iruslees are required lo.. select suitable accounting policies and appty them consislenlly, make judgements and estimates that are ￿8$Onable and prudent, slate whether applicable accounting standards and slalements recommended piaclice have been followed, subject lo any material departures disclosed and explained in the statements of accounts. p￿pare the financial statements on the going concern basis unless it is inappropriate lo presume that the charity wll continue rts operations. The trustees are responsible for keeping propèr ac¢ounling recortls which disclose wlh reasonable accura¢y al any lime the financial p0511ion of the charity at that lime ar*d lo enable the trustees lo ensure that any slalement of a￿OUnt plepared by them complies wlh the regulations under section 42111 of the Charities Act 1993. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps foi the prevention and detection of fraud and other irregularitie$ Approved by the Board of Trustees on 27 September 2024 and signed on il's behalf by I A Signed .on their behalf M A Munim Jahedi Chair Page-2 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NOBLE EDUCATION TRUST for the year ended 30 Nov 2023 We have examined the accounts and slalemenls on pages 4 10 7, which have been prepared on the basis of accounting policies set out on page 6. R8spgCtive respon$ibllitie$ of Trustees and Examlngr: The trustees of the charty a￿ responsible for the preparation of accounts',Ihey con51der the 8udil requirement under section 43121 of the Charities Act 1993 does not apply. We have been 8ppoinled under section 43 of the Charitie5 Act 1993 and report in accordance with regulations made under section 44 of that Act. It is our responsibility to examine the accounts, wrthout performing an audit, and lo report lo the IrLtslees. Basls of Examlnerfs Statement: This report is in respect of an examination carfied out under section 43 of the Charities A¢t 1993 and in accordance with the directions given by the Charity Commissioners under section 4317llbl. 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 conslilLtte an audit. Examiner's Statement: Bases on our examinations, no matter has come to our attention %￿l¢h gives us reasonable Cause lo believe that in any material respect 8ccounling records have not kept in accordance with s&¢tion 41 of the Charities Act 1993, or that the 8¢counls presented do not accord with those records or comply with the accciunling requirements of the Charities Act 1993. No matter has come to our attention in connection wth our examinatio Ich, In our opinion, attention should be drawn to enable a proper understand heac unts. gof MD YOUSU LI FCCA ELITE ACCOUNTANCY 102 Mile End Road London E14UN 2810912024 Page-3 NOBLE EDUCATION TRUST STATEMENTS OF FINANCIAL ACTIVITIES FOR THE PERIOD 1 December 2022 TO 30 NOVEMBER 2023 (All income and expenses are unrestricted) 2023 2022 INCOMING RESOURCES Student fees income Donations Coronavirus Job Retention Scheme 181,066 239,786 133,716 256,155 420,853 389,871 RES Rent Rate$ Light & heal Cleaning Advert Water Rates Website and IT Salary Staff training and welfare Temporary Imam Khulba fee Volunteer cost Telephone & Internet Travel & tours Books & materials Equipment Printing. Postage & Stationary Donation Profesional fee Bank Charge, Card Ma¢hine Charge Deprecialion'.Fumiture & Equipment Depreciation.. Building Repair & Maintenan¢e Staff-meeling & Entertainment Radio studio Subscription Fee Student Gifts, Certifi¢ale5 Insurance Pension Contribution Sundries URCES EXPENDED 60.000 3,561 32,765 1,607 179 2.872 240 113,583 1,800 60,000 7.524 12,513 1,552 3,944 65 151,744 50 11,954 1,407 3,926 12.953 977 3,703 2,278 681 5,407 4,856 6.400 1,100 1,834 13,084 12,080 3,129 650 713 6,153 642 180 1.192 294.619 134 6,763 8,537 1,661 18,081 6,214 1,729 3,586 1,075 271 710 304,132 NET INCOME IDEFICIT FOR THE YEAR 126.233.48 85.739 Funds as at 30 November 2022 96,507.31 10,768 Funds a$ at 30 Novem￿r 2023 222,741 96,507 The notes on page 6 form part of these accounts. Pa9e-4 NOBLE EDUCATION TRUST BALANCE SHEET AS AT 30 NOVEMBER 2023 2023 2022 Notes Flx¢d As$¢ Fixture & fittings Leasehold Building Development 3,111 248,588 251,699 4,083 4,083 Curr•nt Ass Debtors & prepayments 25,649 27,907 Cash at Bank and in hand 4.621 30,270 73,302 101,209 Crèditors: Amount falling due wthin one year 114.2281 18,7861 Net Current Asstes 16,042 92,423 Creditors.. amounts falling due in more than one year {45,0001 Net Assets 222,741 96,507 Funds Unfeslri¢led funds 222,741 96,507 Total Funds 222,741 96.507 Approved by the Board of Trustees on 27 September 2024 and signe