Charity registration number: 1169751
GREEN OAK EDUCATIONAL TRUST TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
Mibsons Limited Chartered Certified Accountants 51 Coopers Road Handsworth Wood Birmingham B20 2JU
Green Oak Educational Trust Contents
| Page | |
|---|---|
| Trustees' Report | 1—3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Statement of Financial Position | 6 |
| Notes to the Financial Statements | 7—11 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities | 12 |
Green Oak Educational Trust
Trustees' Report For The Year Ended 31 October 2025
The trustees present their report and the financial statements for the year ended 31 October 2025.
Objectives and Activities
Aims and Objectives
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 schools, supplementary schools, nurseries and training centres.
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 (peace and blessings be upon him);
To relieve financial hardship, distress and suffering among poor people, refugees, victims of natural disasters and other people in need, by means of, but not exclusively, making grants or loans for providing or paying for items, equipment, services and facilities, including the provision of food, clothing, and accommodation for the said persons.
Significant Activities
Green Oak Educational Trust strives to support high quality Islamic Schools, Masjids, Madrasahs and youth/community projects in meeting set-up and operational costs. We raise funds via our website, visits to Masjids, visits to donors and fundraising activities to support projects which we are able to support.
One of the main objectives of the Trust is to “advance education for the benefit of the poor, the underprivileged and the general public...” The Trust carries out this objective by providing grants to projects that seek to setup and develop high quality independent Islamic Schools and Madrasahs for the benefit of their local communities.
The trustees have had regard to the charity commission's guidance on public benefit in managing the activities of the charity.
Public Benefit
The trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Achievements and Performance
Green Oak Academy Collaboration
Green Oak Educational Trust has collaborated with Green Oak Academy in meeting the needs of the community by supporting the operation of the secondary school site in Moseley, Birmingham as well as its second site on Alcester Road South, Kings Heath.
Fundraising has also been undertaken for a 3rd site in Ravensthorpe, Dewsbury.
Financial Review
Reserves Policy
The charity has sufficient assets to cover the short and long term liabilities.
Significant Events
During this financial year charity has raised funds by way of donations and Qard-e-Hasana to fund the purchase and renovation of the building in Kings Heath area in Birmingham and Ravensthorpe, Dewsbury, the purpose of the buildings would be to provide Islamic teachings and welfare support to the community.
Structure, Governance and Management
Page 1
Green Oak Educational Trust Trustees' Report (continued) For The Year Ended 31 October 2025
Governing Document
Green Oak Educational Trust is registered with the Charity Commission (Registration Number 1169751) and constituted by the deed of trust.
The Charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits. The trustees meet together as a body quarterly and are responsible for all decisions taken in relating to running the organisation facilities and the activities provided by the charity.
Trustee Selection Methods
New trustees are appointed by existing trustees and serve for a period of 3 years after which they may put themselves forward for reappointment. At any one time, the trust is governed by a minimum of 3 and a maximum of 5 trustees.
Reference and Administrative Details
Trustees
Mr Aslam Patel Mr Muhammad Patel Mr Aslam Dabhelia (resigned 26/07/2025)
Charity Number
1169751
Principal Address
240 Alcester Road South Birmingham B14 6DR
Independent Examiner
Muhammad Shoaib Aswani FCCA Mibsons Limited Chartered Certified Accountants 51 Coopers Road Handsworth Wood Birmingham B20 2JU
Page 2
Green Oak Educational Trust Trustees' Report (continued) For The Year Ended 31 October 2025
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr Muhammad Patel
Trustee 28th August 2026
Page 3
Green Oak Educational Trust Independent Examiner's Report to the Trustees of Green Oak Educational Trust For The Year Ended 31 October 2025
I report to the trustees on my examination of the accounts of Green Oak Educational Trust (the Trust) for the year ended 31 October 2025.
Responsibilities and Basis of Report
As the charity trustees of the Trust you are responsible for the preparation 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
Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Muhammad Shoaib Aswani FCCA 28th August 2026 51 Coopers Road Handsworth Wood Birmingham B20 2JU
Page 4
Green Oak Educational Trust Statement of Financial Activities For The Year Ended 31 October 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 2 Investments 3 EXPENDITURE ON: Charitable activities: 5 Green Oak Academy NET INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 12 |
2025 Unrestricted funds £ 294,172 18,000 |
2024 Unrestricted funds £ 282,547 18,000 |
|---|---|---|
| 312,172 | 300,547 | |
| (137,535) | (73,531) | |
| 174,637 | 227,016 | |
| 174,637 703,313 |
703,313 - |
|
| 877,950 | 703,313 |
The notes on pages 7 to 11 form part of these financial statements.
Page 5
Green Oak Educational Trust Statement of Financial Position As At 31 October 2025
| Notes FIXED ASSETS Tangible Assets 9 CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 10 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS 12 On behalf of the board Mr Muhammad Patel Trustee 28th August 2026 |
2025 Unrestricted funds £ 1,387,424 |
2024 Total funds £ 1,099,173 |
|---|---|---|
| 1,387,424 107,441 |
1,099,173 235,258 |
|
| 107,441 (616,915) |
235,258 (631,118) |
|
| (509,474) | (395,860) | |
| 877,950 | 703,313 | |
| 877,950 | 703,313 | |
| 877,950 | 703,313 | |
| 877,950 | 703,313 | |
The notes on pages 7 to 11 form part of these financial statements.
Page 6
Green Oak Educational Trust Notes to the Financial Statements For The Year Ended 31 October 2025
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
Green Oak Educational Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
1.2. Going Concern Disclosure
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustee continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3. Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity, and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes.
Restricted funds are those which are to be used as per specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.
1.4. Incoming Resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
1.5. Resources Expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure.
1.6. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 1% SL Plant & Machinery 15% SL
1.7. Taxation
The income/gains have been applied for charitable purposes only and as a result Section 505 ICTA 1988 provides for the exemption of charity's income from direct taxation.
1.8. Charitable Activities
Green Oak Educational Trust has supported Green Oak Academy in meeting expenses of operating and advancing the education provision at its secondary school and Madrasah at the Woodstock Road site as well as locating a second site in the Kings Heath area of Birmingham. Green Oak Educational Trust has supported Green Oak Academy in meeting expenses via regular contributions.
2. Income from Donations and Legacies
Page 7
Green Oak Educational Trust Notes to the Financial Statements (continued) For The Year Ended 31 October 2025
| Donations and gifts Gift aid 3. Investment Income Rents received from investment properties 4. Net Income/(Expenditure) The net income is stated after charging/(crediting): Depreciation of tangible fixed assets - owned 5. Analysis of Expenditure Green Oak Academy Green Oak Academy |
Activities undertaken directly £ 122,000 |
2025 Unrestricted funds £ 127,191 166,981 |
2024 Unrestricted funds £ 275,963 6,584 |
|---|---|---|---|
| 294,172 | 282,547 | ||
| 2025 Unrestricted funds £ 18,000 |
2024 Unrestricted funds £ 18,000 |
||
| 2025 £ 13,886 |
2024 £ 11,368 |
||
| Support costs (see note 6) £ 15,535 |
2025 Total £ 137,535 |
||
| Activities undertaken directly £ 59,000 |
Support costs (see note 6) £ 14,531 |
2024 Total £ 73,531 |
Page 8
Green Oak Educational Trust Notes to the Financial Statements (continued) For The Year Ended 31 October 2025
6. Support Costs
| Premises expenses General administration Depreciation Interest payable . Independent Examiner's Remuneration Independent examination of the financial statements |
2025 Green Oak Academy £ - 1,509 13,886 140 |
2024 Green Oak Academy £ 248 2,596 11,368 319 |
|---|---|---|
| 15,535 | 14,531 | |
| 2025 £ 960 |
2024 £ 960 |
7. Independent Examiner's Remuneration
8. Average Number of Employees
Average number of employees during the year was: NIL (2024: )
9. Tangible Assets
Land &
Property
| Cost As at 1 November 2024 Additions As at 31 October 2025 Depreciation As at 1 November 2024 Provided during the period As at 31 October 2025 Net Book Value As at 31 October 2025 As at 1 November 2024 |
Freehold £ 1,128,573 302,137 |
Plant & Machinery £ 550 - |
Total £ 1,129,123 302,137 |
|---|---|---|---|
| 1,430,710 | 550 | 1,431,260 | |
| 29,737 13,803 |
213 83 |
29,950 13,886 |
|
| 43,540 | 296 | 43,836 | |
| 1,387,170 | 254 | 1,387,424 | |
| 1,098,836 | 337 | 1,099,173 |
Page 9
Green Oak Educational Trust Notes to the Financial Statements (continued) For The Year Ended 31 October 2025
10. Creditors: Amounts Falling Due Within One Year
| Bank loans and overdrafts Other loans Other creditors Accruals and deferred income 11. Loans An analysis of the maturity of loans is given below: Amounts falling due within one year or on demand: Bank loans Other loans 12. Movement in Funds Unrestricted funds General: General unrestricted fund Total funds As at 1 November 2023 £ Unrestricted funds General: General unrestricted fund - Total funds - |
Bank loans and overdrafts Other loans Other creditors Accruals and deferred income 11. Loans An analysis of the maturity of loans is given below: Amounts falling due within one year or on demand: Bank loans Other loans 12. Movement in Funds Unrestricted funds General: General unrestricted fund Total funds As at 1 November 2023 £ Unrestricted funds General: General unrestricted fund - Total funds - |
As at 1 November 2024 £ 703,313 |
Income £ 312,172 |
2025 £ - 532,405 83,550 960 616,915 2025 £ - 532,405 532,405 Expenditure £ (137,535) |
2024 £ 10,267 537,300 83,551 - |
|
|---|---|---|---|---|---|---|
| 631,118 | ||||||
| 2024 £ 10,267 537,300 |
||||||
| 547,567 | ||||||
| As at 31 October 2025 £ 877,950 |
||||||
| 703,313 | 312,172 | (137,535) | 877,950 | |||
| Income £ 300,547 |
Expenditure £ (73,531) |
Transfers £ 476,297 |
As at 31 October 2024 £ 703,313 |
|||
| - | 300,547 | (73,531) | 476,297 | 703,313 |
13. Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
Page 10
Green Oak Educational Trust Notes to the Financial Statements (continued) For The Year Ended 31 October 2025
14. Related Party Disclosures
There have been no related party transactions in the reporting period that require disclosure.
Page 11
Green Oak Educational Trust Detailed Statement of Financial Activities For The Year Ended 31 October 2025
| INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and gifts Gift aid Investments Rental income from investment property EXPENDITURE ON: Charitable Activities: Green Oak Academy Educational Fundings Premises insurance Independent examiner's fees Legal fees Professional fees Bank charges Card processing fees Depreciation Bank interest payable NET INCOME |
2025 Total funds £ 127,191 166,981 |
2024 Total funds £ 275,963 6,584 |
|---|---|---|
| 294,172 18,000 |
282,547 18,000 |
|
| 18,000 | 18,000 | |
| 312,172 (122,000) - (960) - (150) (129) (270) (13,886) (140) |
300,547 (59,000) (248) (960) (300) (240) (676) (420) (11,368) (319) |
|
| (137,535) | (73,531) | |
| (137,535) | (73,531) | |
| 174,637 | 227,016 |
Page 12