CHARITY REGISTERED NUMBER:1175921
AL-FOYZ TRUST
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024
ABU & ABU
CHARTERED CERTIFIED ACCOUNTANTS ABU NOWSHED CENTRE 71 WORDSWORTH ROAD SMALL HEATH, BIRMINGHAM B10 0ED WEST MIDLANDS
AL-FOYZ TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
| Registered Charity Number: | 1175921 |
|---|---|
| Chairman: | Hafiz Moulana Md Abdur Rob |
| Trustees: | Hafiz Moulana Md Abdur Rob |
| Mohammed Hasan Ahmed | |
| Mohammed Hussain Ahmed | |
| Registered Office: | 16 Wyndcliff Road |
| Small Heath | |
| Birmingham | |
| B9 5BD | |
| Accountants: | Abu & Abu |
| Chartered Certified Accountants | |
| Abu Nowshed Centre | |
| 71 Wordsworth Road | |
| Small Heath, Birmingham | |
| B10 0ED | |
| West Midlands |
AL-FOYZ TRUST
FOR THE YEAR ENDED 30 NOVEMBER 2024
CONTENTS
| Page | |
|---|---|
| Charity - Examiners report | 1 |
| Trustees' report | 2 |
| Balance sheet | 4 |
| Statement of financial activities | 5 |
| Schedule of funds | 6 |
| Notes | 7 |
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF AL-FOYZ TRUST
FOR THE YEAR ENDED 30 NOVEMBER 2024
I report on the accounts which are set out on pages 4 to 8
Respective responsibilities of the
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:
The trustees who are also directors of the company for the purpose of
Examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act); and state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In our opinion the financial statements:
give a true and fair view of the of the state of the company's affairs as at 30 November 2024 and of its loss for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice - Financial Reporting Standard 102; and
have been prepared in accordance with the requirements of the Companies Act 2006.
........................................ Dated:15 August 2025 Abu Nowshed, FCCA Chartered Certified Accountants Abu Nowshed Centre 71 Wordsworth Road Small Heath, Birmingham B10 0ED West Midlands
Page 1
AL-FOYZ TRUST
REPORT OF THE
FOR THE YEAR ENDED 30 NOVEMBER 2024
The Charities Act 2011, together with the financial statements for the year, and confirm that the latter comply with the requirements of the Act, the Trust Deed and the Charities SORP 2005.
Structure, Governance and Management
Trustee induction and training
New Trustees undergo an orientation day to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making processes, the business plan and recent financial performance of the charity. During the induction day they meet key employees and other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
Organisation
A board of trustees of up to 3 members, who meet quarterly, administers the charity.
Objectives and activities
The principal activity of the company continues to be that of charitable activities.
Achievements and performance
During the year, the charity has been able to provide humanitarian assistance to poor and needy in Bangladesh.
Financial review
Plans for future periods
The director are looking forward to another successful year.
Page 2
AL-FOYZ TRUST
REPORT OF THE (Continued)
FOR THE YEAR ENDED 30 NOVEMBER 2024
Accounting and reporting responsibilities
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP 2015 (FRS102); make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been
followed,subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees on 15 August 2025 signed on its behalf by:
..................................................... Hafiz Moulana Md Abdur Rob Trustee
Page 3
AL-FOYZ TRUST
BALANCE SHEET
AT 30 NOVEMBER 2024
| Note 2024 £ Current assets Bank Accounts 6,888 –––––– 6,888 Creditors Amounts falling due within one year 4 627 –––––– Net current assets Total assets less current liabilities Net assets Capital funds Unrestricted funds Total funds |
2023 £ £ 9,101 –––––– 9,101 627 –––––– 6,261 –––––– 6,261 –––––– £ 6,261 –––––– 6,261 –––––– £ 6,261 –––––– |
£ 8,474 –––––– 8,474 –––––– £ 8,474 –––––– 8,474 –––––– £ 8,474 –––––– |
|---|---|---|
Approved by the trustees on 15 August 2025 and signed on its behalf.
................................................... Hafiz Moulana Md Abdur Rob
The annexed notes form part of these financial statements.
Page 4
AL-FOYZ TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2024
Unrest'd Funds £ Incoming resources Incoming Resources from generated funds: Voluntary income 5,598 –––––– Total incoming resources 5,598 –––––– Resources expended Costs of generating funds 348 Charitable activities 6,783 Governance costs 680 –––––– Total resources expended 7,811 –––––– Net movement in funds (2,213) Total funds brought forward £ 8,474 –––––– Total funds carried forward £ 6,261 –––––– |
Total Funds 2024 £ 5,598 –––––– 5,598 –––––– 348 6,783 680 –––––– 7,811 –––––– (2,213) £ 8,474 –––––– £ 6,261 –––––– |
Total Funds 2023 £ 4,163 –––––– 4,163 –––––– 0 370 501 –––––– 871 –––––– 3,292 5,182 –––––– £ 8,474 –––––– |
|---|---|---|
Details of Incoming resources and resources used are given in the notes to the financial statements.
Page 5
AL-FOYZ TRUST
STATEMENT OF FINANCIAL ACTIVITIES
DETAILED ANALYSIS OF MOVEMENTS IN FUNDS
FOR THE YEAR ENDED 30 NOVEMBER 2024
| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||
| General Fund | ||||||
| Balance B/fwd | 8,474 | 5,182 | ||||
| (Deficit)/Surplus for the year | (2,213) | 3,292 | ||||
| –––––– | –––––– | |||||
| 6,261 | 8,474 | |||||
| –––––– | –––––– | |||||
| Total funds at 30 November 2024 | £ 6,261 | £ 8,474 | ||||
| –––––– | –––––– |
Page 6
AL-FOYZ TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
1. Accounting policies
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16/7/14, the Financial Reporting Standard for Smaller Entities (FRSSE), and the Charities Act 2011 and applicable regulations.
The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
Incoming resources
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
2. Turnover
Turnover is attributable solely to continuing operations and derives from one activity that of donations received.
3. Staff costs
4. Creditors
Amounts falling due within one year:-
Sundry Creditors
2024 2023 £ £ 627 627 –––––– –––––– £ 627 £ 627
–––––– ––––––
Page 7
AL-FOYZ TRUST
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 30 NOVEMBER 2024
| 5. Incoming resources Unrest'd Funds 2024 £ Voluntary Income Donations received 3,775 Qurbani 500 Zakat fund 823 Hafeez appeal 500 ––––– 5,598 ––––– 6. Costs of generating funds 2024 £ Fundraising costs of donations 348 –––––– 7. Charitable activities 2024 £ Overseas donations 6,783 –––––– 8. Governance costs 2024 £ Bank charge 225 Accountancy 455 –––––– |
Total Funds 2024 £ 3,775 500 823 500 ––––– 5,598 ––––– 2024 £ 348 –––––– 2024 £ 6,783 –––––– 2024 £ 680 –––––– |
Total Funds 2023 £ 3,202 420 301 240 ––––– 4,163 ––––– 2023 £ 0 –––––– 0 –––––– 2023 £ 370 –––––– 370 –––––– 2023 £ 46 455 –––––– 501 –––––– |
|---|---|---|