Charity registration number 1178437 IEngland and Wales) ANWARUL QURAN TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
ANWARUL QURAN TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Halima Khanum Yousaf Riaz Sarah Parveen Charlty numbèr (England and Wales} 1178437 Independent examlner Mohammed Yaseen ACCA Soho House 362- 364 Soho Road Birmingham B21 9QL
ANWARUL QURAN TRUST CONTENTS Page Trustees report Independent examiner's report ststement of financial activities Balance sheet Notes lo the financial statements 6-10
ANWARUL QURAN TRUST TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their annual report and financial statements for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting Policies set out in note 1 to the financial statements and comply with the trust's governing document, the Charities Act 2011, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP Accounting and Reporting by Charities". Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Objectives and activities Obj8ctiv&s and aims 11 To advance the religion of Islam in accordan wth the teachings of the Sunni Hanafi Brelvi school for the inhabitants of Lye and the surrounding area, particularty but not exclusively through the holding of prayer meetings. religious education classes, public lectures and public celebration of festivals. 21 To further or benefit the residents of Lye and the neighbourhood, wilhoul distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local aulhorilies, voluntary and other organisations in a common effort lo advance educaty'on and lo provide fa¢ililies in the interests of social welfare for recreation and leisure time o¢¢upalion with the objective of improving the ¢onditions of life for the residents. Public benefit The Trust Is a public beneff( entity and the trustees confirm that they have referred lo the Charity Commission's guidance on public benefrt when reviewing the Trust's aims and objectives. Main 8ctivi(ies undertaken during the year Contribute lo the Trust's purpose for the public benefit. Achievements and performance Charitable activities During the period the Trust delivered.. 11 Children'sArabic classes 4- 6 days a week 21 Two days a week, Islamic study classes for children over 10 31 Helped children complete the learning of Quran Hifz 41 Vveekly gathering for mens I ladies 51 Monthly gatherings for all 61 Funeral services for Muslims 71 Visits and talks by local Councillor and MP Flnanclal revlew Financial position The board of trustees are satisfied with the performance of the Trust during the period and the position al 31 December 2024 and consider that the Trust in a strong position to continue Its activities during the coming year, and that the Trust's assets are adequate to fulfil its obligations. Overall, Anwarul Quran Trust has raised funds totslling £52,618 with the expenditure for the period totalling £56,470 leaving the Trust with a defiat of £3,852 to be carried forward al 31 December 2024. There is no sel policy on the level of unrestricted reserves other than lo maintsin any surpluses left from donations or the ftIrtheran of ils objects. Plans for future perlods The plans for the fLJture wll be to try and maintain the level of services we have via donations. Furthermore, the Trust is planning lo develop the rest of the building, provide more community recreational aclivilies, support all people of the local area and develop awareness of all issues relating to this area.
ANWARUL QURAN TRUST TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 structure. governance and management The Charity is controlled by ils goveming document, a deed of trust and conslilutes an unincorporated charty. The trustees who served during the year and up lo the dale of signature of the financial slalements were.. Halima Khanum Yousaf Riaz Sarah Parveen Recruitment and appointment of new trustees The Trust Continuously strives to identify suitably skilled and experienced people from all communities. The trustees report was approved by the board of Iruslees. Yousaf Riaz Trustee 24 Octobèr 2025
ANWARUL QURAN TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ANWARUL QURAN TRUST I report lo the Iruslees on my examination of the financial slalements of Anwarul Quran Trust Ilhe Irustl for the year ended 31 December 2024. Responsibilities and basis of report As the Iruslees of the trust you are responsible for the preparation of the financial slalements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the trust's financial slalements carried out under section 145 of the Charities Act 2011. In carying out my examination I have followed the Directions given by the Charity Commission under section 1451511bl of the Charities Act 2011. Independent examlnerfs statement Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reports"ng Standard applicable In the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities." Slalement of Recommended Practice issued on 1 April 2005 which Is referred lo in the extant regulations bul has now been withdrawn. l understand that this has been done in order for the financial stslemenls lo provide a true and fair view in accordance with UK Generally Accepted Accounting Practice. I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me Cause lo believe that in any material respect". accounting records were not kept in resped of the trust as required by section 130 of the Charities Act 2011. the financial slalements do not accord with those records", or the financial statements do not Comply wth the applicable requirements Conrning the form and content of financial statements set OLJt in the Charities (Accounts and Reports) Regulations 2008 other than any requirernent that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination. I have no COnmS 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 financial statements lo be reached. M Y6uee Mohammed Yaseen ACCA Soho House 362- 364 Soho Road Bimingham B21 9QL 24 October 2025
ANWARUL QURAN TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrlcted Unrestrlcted funds funds 2024 2023 Notes Income from: Donations and legacies 52,618 49,407 Total Income 52,618 49,407 Expenditure on- Charitable adivities 56,470 46,912 Totsl expendlture 56,470 46,912 Net incomellexpenditurel and movement in funds 13,8521 2,495 Reconciliation of funds- Fund balances al 1 January 2024 54,505 52,010 Fund balances at 31 December 2024 50,653 54,505 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
ANWARUL QURAN TRUST BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Notes Fixed assets Tangible assets 13,993 10,730 Current assets Debtors Cash at bank and in hand 10 1,765 37,304 3,474 43,932 39,069 47,406 CreditoTr: amounts falling due within one year 11 12,4091 13,6311 Net current assets 36,880 43,775 Total assets less current liabilitios 50,853 54,505 The funds of the trust Unrestricted funds 12 50,653 54,505 50,653 54,505 The financial stslemenls were approved by the Iruslees on 24 October 2025 Yousaf Riaz Trustee
ANWARUL QURAN TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies 1.1 Accounting convention The financial statements have been prepared in accordance wth the trust's Igoveming doculnentl, the Charities Act 2011. FRS 102 "The Financial Reporting Stsndard applicable in the UK and Republic of Ireland" I'FRS 102.1 and the Charities SORP Accounting and Reporting by CharV(ies.' Stslemenl of Recommended practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. The trust is a Public Benefit Entity as defined by FRS 102. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practi which is referred lo In the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the trust. Monetary amounts in these financial statements are rounded to the nearest £. 1.2 Charitable funds Unrestrictèd funds are available for use al the discretion of the trustees in furtherance of their Charitable objectives. 1.3 Income l income is recognised in the Statement of Financial Activities once the Trust has entitlement to the funds, il is probable that the income will be received and the amount can be measured reliably. 1.4 Exp&ndlturg Expenditure is accounted for on an accruals basis and has been dassrfied under headings that aggregate all cost related lo the category. Vvhere costs cannot be diredy attributed to particular headings they have been allocated lo activities on a basis consislenl with the use of resources. 1.6 Tanglble flxed assets Tangible fixed assets are initially measured al cost and subsequently measured at cost or valuation, nel of depreciation and any Impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Fixtures and fittings 18% on reducing balance The gain or loss arising on the disposal of an a55et is determined as the difference between the sale PToceeds and the carrying value of the asset, and is recognised in the slalement of financial activities. Income from donatlon$ and 19gaclg$ Unrestrlcted Unrestrlcted funds funds 2024 2023 Donations and grfts 52,618 49,407
ANWARUL QURAN TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 Expenditure on charitable activities Charitable activities 2024 Charitable activities 2023 Direct Costs Zakat and fitrana 149 Share of support and governance costs (see not& 4 Support Governance 54,702 1,768 46,023 740 56,470 46,912 Analysis by fund Unreslricled funds 56,470 46,912 Support costs Support Governance costs costs 2024 Support Governance costs costs 2023 Staff costs Depre¢ialion Cleaning Equipment expensed Insurance Light and heal Rates Repairs and maintenance Slalionery and printing Sundry Telecommunications Bank charges 33,258 3,071 355 1,691 1,445 3,601 1,439 33,258 3,071 355 1,S91 1,445 3,S01 1,439 28,886 2.356 336 889 1.291 4,329 1,097 28,886 2.356 336 889 1.291 4,329 1,097 9,227 280 140 60 135 9,227 280 140 60 135 6,339 410 90 e,339 410 90 Accountancy fees Legal and professional 740 1,028 740 1,028 740 740 54,702 1,768 56,470 46,023 740 46,763 Analysed between Charrtable activity'es 54,702 1,788 56,470 46,023 740 46,763
ANWARUL QURAN TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 Net movernent in funds 2024 2023 The net movement in funds is slated after chargingllcreditingl.. Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets 740 3,071 2,356 Trustees Trustees. remuneratlon and benefits During the period Yousaf Riaz was remunerated £6,374.The payment was made for services provided to the Trust. The terms of the arrangement was agreed by all trustees with the exception of Yousaf Riaz. The trustees consider the agreement to be beneficial for the Trust as the amount charged is less than the applicable market rate for the provision of such services. Employ99$ The average monthly number of employees during the year was.. 2024 Number 2023 Number Employment costs 2024 2023 INages and salaries 33,258 28,886 There were no employees whose annual remuneration was more than £60,000. Taxatlon The charity is exempt from laxalion on its activities because all ils income is applied for charitable purposes.
ANWARUL QURAN TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 Tangible fixed assets Fixtur8s and fitting5 Cost At 1 January 2024 Additions 15.006 6,334 At 31 December 2024 21,340 Depreclatlon and Impalrment Al 1 January 2024 Depreciation charged in the year 4,276 3,071 Al 31 December 2024 7,347 Carrying amount Al 31 December 2024 13,993 Al 31 December 2023 10,730 10 Debtors 2024 2023 Amounts falling due within one year: Other debtors 1,765 3,474 11 Credltors: amounts falllng (lue wlthln one year 2024 2023 Other taxation and social security Trade creditors Other creditors 929 740 740 2,151 740 740 2,409 3,631 12 Unr9$trl9d funds The unrestricted funds of the charty comprise the unexpended balances of donations and grants which are not subjed to spe¢ifi¢ conditions by donors and grantors as lo how they may be used. These include designated funds which have been set aside out of unrestricted ftjnds by the trustees for specific purposes. At 1 January 2024 Incomlng rosources R9$ou9$ expanded A131 Docember 2024 General funds 54,505 52,618 156,4701 50,653
ANWARUL QURAN TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 12 Unrestrlcted funds Icontlnuedl Prevlous year: At 1 January 2023 Incomlng resources Resources expended At31 December 2023 General funds 52,010 49,407 146,9121 54,505 13 Relatgd party transa¢tlon$ There were no disclosable related paty transactions during the year12023 - none). 10-