Academy of Light
Receipts and Payments Accounts for the year ended 31[st] March 2022
Charity Assist Accountants Ltd
Certified Public Accountants and Charity Independent Examiners
Unit 27 Batley Enterprise Centre
513 Bradford Road Batley West Yorkshire
WF17 8LL
1
Academy of Light
Receipts and Payments Accounts for the year ended 31[st] March 2022
| Contents | Page |
|---|---|
| Basic information | 3 |
| Trustees annual report | 4-7 |
| Independent examiner's report on the accounts |
8-9 |
| Receipt and payment accounts | 10-11 |
| Notes | 12 |
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Academy of Light
Receipts and Payments Accounts for the year ended 31[st] March 2022
Basic information
Address
2 Juniper Close
Bradford
BD8 8PU
Bank
Barclays
10-12 Pinstone Street
Sheffield City Centre
Sheffield
S1 2HN
Charity registration number
1178095
Accountants address
Charity Assist Accountants Ltd
Unit 27 Batley Enterprise Centre
Batley
WF17 8LL
3
Academy of Light Receipts and Payments Accounts for the year ended 31[st] March 2022
| Trustees' Annual Report for the period | |||||||
| From | Period start date | To | Period end date | ||||
| 1st | April | 2021 | 31st | March | 2022 |
Section A Reference and administration details
Charity name
Academy of Light
Other names charity is known by
Registered charity number (if any) 1178095
| Charity's principal address | 2 Juniper Close |
2 Juniper Close |
|---|---|---|
| Bradford | ||
| Postcode | BD8 8PU |
Names of the charity trustees who manage the charity
Trustee name 1 Muhammad Siraj 2 Mohammed Aziz Khan 3 Mohammed Zubair
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Academy of Light
Receipts and Payments Accounts for the year ended 31[st] March 2022
Section B Structure, governance and management
Description of the charity’s trusts
CIO - Foundation registered 25 Apr 2018 Type of governing document (eg. trust deed, constitution) CIO How the charity is constituted (eg. trust, association, company) Appointment of charity trustees Trustee selection methods (eg. appointed by, elected by) (a) Apart from the first charity trustees, every trustee must be appointed for a term of no more than 3 years by a resolution passed at a properly convened meeting of the charity trustees. (b) In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. (c) There should be consensus in the appointment of new trustees. (d) Family members should not be made trustees without a specific need. (e) Trusteeship should not be inherited even for the founding trustees. Eligibility for trusteeship (a) Every charity trustee must be a natural person. (b) No individual may be appointed as a charity trustee of the CIO: If he or she is under the age of 16 years; or if he or she would automatically cease to hold office under the provisions stated in the charity’s constitution. (c) No one is entitled to act as a charity trustee whether on appointment or on any re-appointment until he or she has expressly acknowledged, in whatever way the charity trustees decide, his or her acceptance of the office of charity trustee. (d) At least one of the trustees of the CIO must be 18 years of age or over. If there is no trustee aged at least 18 years, the remaining trustees may only act to call a meeting of the charity trustees, or appoint a new charity trustee.
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Academy of Light
Receipts and Payments Accounts for the year ended 31[st] March 2022
| Section C Objectives and activities | Section C Objectives and activities |
|---|---|
| Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) |
|
| For the public to advance education in India, Bangladesh and Pakistan by supporting young people to have equal opportunities in accessing education and by challenging cultural boundaries surrounding education of sub classes, particularly but not exclusively, by the provision of relevant educational goods, equipment & materials for schools and for the children attending the schools. |
|
| Fund raising for the Education Centre in the Indo Asia sub-Continent. Charity commission requires the trustees of a charity to: • Select suitable accounting policies, apply them consistently, make judgement and estimates that are reasonable and prudent; • Prepare the financial statements on the going concern basis unless there is a reason to believe that the charity will not continue for the foreseeable future. The Trustees are responsible for the keeping of proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charity Act 1993. They are also responsible for safeguarding the assets of the charity and hence to take reasonable steps for the prevention and detection of fraud and other irregularities. |
Section D Achievements and performance The charity was able to raise funds to carry out its charitable objectives. Summary of the main They have managed to send grants to their partner charity in Pakistan. achievements of the charity during the year
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Academy of Light
Receipts and Payments Accounts for the year ended 31[st] March 2022
Section E Financial review The charity holds no reserves at the moment. Brief statement of the charity’s policy on reserves
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Academy of Light Receipts and Payments Accounts for the year ended 31[st] March 2022
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Academy of Light members of
On accounts for the year 31[st] March 2022 Charity no 1178095 ended (if any) Set out on pages 10 – 11
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2022 .
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.
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Academy of Light
Receipts and Payments Accounts for the year ended 31[st] March 2022
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
| Signed: Name: Relevant professional qualification(s) or body (if any): Address: |
21/10/2022 | |
| Abdul Qudeir Khan | ||
| FMAAT FCPA |
||
| Unit 27, Batley Enterprise Centre | ||
| 513 Bradford Road | ||
| Batley | ||
| WF17 8LL |
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Academy of Light
Receipts and Payments Accounts for the year ended 31[st] March 2022
| Academy of Light | Academy of Light | Academy of Light | 1178095 | CC16a |
|---|---|---|---|---|
| For the period from | Period start date 01.04.2021 |
To | Period end date 31.03.2022 |
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ |
Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Donations | 165 | 153,670 | - | 153,835 | ||
| - | - | - | ||||
| Sub total(Gross income for AR) | 165 |
153,670 | - | 153,835 | - | |
| 25,000 - |
||||||
| A2 Asset and investment sales, (see table). |
||||||
| Loansreceived | 25,000 | - | - | 25,000 | ||
| - | - | - | - | - | ||
| Sub total Total receipts A3 Payments |
25,000 | - | - | 25,000 | - | |
| 25,165 | 153,670 | - | 178,835 | - | ||
| Bank charges | 165 | - | - | 165 | - | |
| Equipment expensed | - | 286 | - | 286 | - | |
| Grants Pakistan | - | 150,746 | - | 150,746 | - | |
| **Sub total ** | 165 | 151,032 | - | 151,197 | - | |
| 25,000 - |
||||||
| A4 Asset and investment purchases, (see table) |
||||||
| Loans repayment | 25,000 | - | - | 25,000 - |
||
| - | - | - | ||||
| **Sub total ** | 25,000 | - | - | 25,000 | ||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 25,165 | 151,032 | - | 176,197 | - | ||
| - | 2,638 | - | 2,638 | - | ||
| - | - | - | - 1,455 |
- | ||
| - | 1,455 | - | ||||
| - | 4,093 | - | 4,093 | - |
10
st Section B Statement of assets and liabilities at the Bnd of the Period Unroutriciod lunds Rostrictod fuThls Endowmont lunds B1 C••h furn Totsi cuh fvnd fuTrJi nd Detul Cty,* u Nlohamm AZLZ Khan 2¥1UYI?2 Nloham 7.ubair 2¥1(N122 li
Academy of Light
Receipts and Payments Accounts for the year ended 31[st] March 2022
Notes
Grants to Academy of Light Pakistan £150, 746
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