2021-02-28-accounts - Lote Tree Initiative

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Trustees’ Annual Report for the period

From 01/03/2020 To 28/02/2021

Charity name: Lote Tree Initiative

Charity registration number: 1177243

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To advance the Sunni Islamic religion in Burton for the benefit of the public through the holding of 5 daily prayer meetings, lectures, public celebration of religious Eid festivals, producing and/or distributing literature on Sunni Islam to enlighten others about the Islamic religion. To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life. To advance the education of children by providing and assisting in the provision of facilities for teaching Maths, English and Sciences.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Due to the Covid-19 Pandemic, we moved all Evening Supplementary School classes to remote online learning. Our student cohort reduced significantly during this period due to the uncertainty of the situation as well as the subsequent national lockdown. Our planned Islamic seminars as well as our public community engagement events were cancelled until further notice.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees confirm they have had regard to the guidance issued by the Charity Commission on public benefit.

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Despite the pandemic, we have continued in our endeavour to make learning fun, enjoyable, engaging and memorable for our students through online classes. Our volunteers engaged once again in teacher training, with an emphasis on emergencies that may be encountered when dealing with younger children. Our youth club and girls fitness sessions were also cancelled due to the pandemic and national lockdown.

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	The financial position of the charity as of 28 February 2021 was showing: Unrestricted Funds: £20480 Restricted Funds: £0 Total Funds: £20480 The principle funding of the charity is from donations.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves allow us to continue our operational activities without running at a deficit. The trustees have continued to make efforts to increase donations through appeals and fundraisingactivities.
Amount of reserves held	Para 1.22	£5000
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	‘Foundation’ model Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Charitable Incorporated Organisation
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Any future trustee must be appointed by a resolution passed at a properly convened meeting of the charity trustees.

Reference and Administrative details

Charity name	Lote Tree Initiative
Other name the charity uses	LTI
Registered charitynumber	1177243
Charity’s principal address	Uxbridge House Evershed Way Burton Upon Trent DE14 3LH

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Asim Ajmal
	Meherban Rehman
	Afzhaal Anwar

Corporate trustees – names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	N/A
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	N/A
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	N/A

Exemptions from disclosure

Reason for non-disclosure of key personnel details N/A

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Asim Ajmal Position (eg Secretary, Chair Chair, etc) Date 29/12/2021

Lo	Lo	te Tree Initiative	te Tree Initiative	te Tree Initiative
		For the period from	01/03/20	To

te Tree Initiative			1177243

Receipts andpayments accounts				CC16a
For the period from	01/03/20	To	28/02/21

Section A Receipts and payments

Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £	Last year to the nearest £
		20,480 - - - - - - - 20,480	19,876 - - - - - - - 19,876

		- - -	- -
		20,480
			19,876

		344 6,001 - 54 587 43 805 21 366 8,221	2,360 2,427 1,072 - 3,029 829 481 185 117 10,500

		- - -	-

		8,221	10,500

-	-	12,259	9,376 - 9,293
-	-	- 18,669
-	-
-	-	30,928	18,669

CCXX R1 accounts (SS)

29/12/21

Section B Statement of	Section B Statement of	Section B Statement of	assets and liabilities	at	at	the end of	the period	the period	the period
					Unrestricted				Restricted funds		Endowment
Categories		Details				funds					funds
						to nearest £			to nearest £		to nearest £
B1 Cash funds		Cash in Bank				30,928			-		-

						-			-		-

						-			-		-
			*Total cash funds*			30,928			-		-
			(agree balances with receipts and payments
			account(s))	OK				OK		OK
					Unrestricted				Restricted funds		Endowment
						funds					funds
	Details					to nearest £			to nearest £		to nearest £
B2 Other monetary						-			-		-
assets						-			-		-

						-			-		-

						-			-		-

						-			-		-

						-			-		-

	Details				Fund to which asset belongs				Cost (optional)		Current value (optional)
B3 Investment assets									-		-

									-		-

									-		-

									-		-

									-		-

	Details				Fund to which asset belongs				Cost (optional)		Current value (optional)
B4 Assets retained for									-		-
the charity’s own use									-		-

									-		-

									-		-

									-		-

									-		-

									-		-

									-		-

									-		-

					Fund to which				Amount due		When due
	Details				liability relates				(optional)		(optional)
B5 Liabilities		Directors Loans		Unrestricted					9,241

									-

									-

									-

									-


Signed by one or two trustees
on behalf of all the trustees			Signature			Print	Name				Date of approval

						Asim	Ajmal				29/12/21

CCXX R2 accounts (SS)

29/12/21