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:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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