Charity registration No. 1179677 Company registration No. CEO14961 (England and Wales)
Islamic Provision Annual Report and Unaudited Accounts
25 March 2021
## **Islamic Provision Contents**
||**Page**|
|---|---|
|Company information|1|
|Trustee's report|2|
|Independent Examiner's Report|3|
|Profit and loss account|4|
|Balance sheet|5|
|Notes to the accounts|6|
## **Islamic Provision**
## **Report of the Trustees for the year ended 25 March 2021**
The turstees present their annual report and audited financial statements for the year ended 25 March 2021 and confirm they comply with the Charities Acts.
## **Reference and Administrative Information**
|**Charity Name**|Islamic Provision|
|---|---|
|**Charity Number**|1179677|
|**Company number**|CEO14961|
|**Principle address**|Unit 903|
||Victory Business Centre|
||Somers Road North|
||Portsmouth|
||PO1 1PJ|
|**Trustees:**|N. Ali|
||M.S Hussain|
||M.M. Islam|
||A. Rahman|
||A. Sayad|
|**Accountants & independent examiners**|BC&A Chartered Accountants|
||161Elm Grove|
||Southsea|
||Portsmouth|
||PO5 1LU|
## **Islamic Provision Report of the Trustees for the year ended 25 March 2021**
## **Structure, governance and management**
## **Governing document**
Islamic Provision is constituted as a charitable trust registered with the Charity Commission in August 2018 under charity number 1179677 and is governed by a deed of trust.
## **Organisational structure**
The charity’s 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 at least quarterly and are responsible for all decisions taken in relation to running of the charity .
## **Recruitment and appointment of trustees**
No new Trustees were appointed during the reporting period; all founding trustees remained in position.
## **Induction and training of trustees**
All existing trustees are given copies of the trust deed and a guide to the policies and procedures adopted by our charity. A number of publications from the Charity Commission are also provided including the guidance on charities and public benefit. This ensures that all trustees are aware of the scope of their responsibilities under the Charities Act
Regular meetings and discussions held to evaluate each trustee’s performance.
## **Risk management**
Islamic Provision takes risk management seriously and keeps records on all spending, as well as require that all project managers sign in agreement with Islamic provision’s terms & conditions.
Donations can only be spent on the specific project it was donated for. Any mis-use of the charity’s money or breach of the charity’s terms & conditions is taken very seriously and reported to local authorities and charity commission immediately.
## **Objectives and activities**
The aims and objective of Islamic provision are:
1. To advance the Islamic faith for the benefit of the public in accordance with the statements of belief appearing in the schedule.
2. Prevention or relief of poverty in Bangladesh, Nigeria, Sudan, Yemen, England and occupied Palestinian Territories by providing grants, food and services to individuals and /or charities that are in need. The charity work has been done in the above countries directly by Islamic Provision’s dedicated volunteers. Not in cooperation with any other local charities, group or representatives.
## **Strategies**
Our charity aims at achieving this objective by building water wells in places where water is not readily available in the community.
We also educate communities in a bid to eradicate poverty.
We send food and medication to places of emergencies.
We help the homeless in Portsmouth, UK by providing food, also assist them to look for jobs.
## **Use of volunteers**
Islamic Provision recruits local volunteers to help out with the UK based projects which are involved with feeding the homeless & helping refugees.
Overseas project managers are in charge of all overseas volunteers that help out in humanitarian aid.
All project managers and volunteers involved with the charity signed an agreement with Islamic provision to have their background checked as Islamic Provision doesn't allow anyone with a criminal record to be involved with the charity.
## **Activities and achievements**
The charity carries out a wide range of activities in pursuance of its charitable aims. The trustees consider that these activities, summarised below, provide benefit both to people in the UK and abroad.
## **How our activities deliver public benefit**
We have built few water well so far in Bangladesh, we have provided water purifier in a Hospital in Gaza, Palestinian and Yemen.
In 2021, we were able to help some people who were in need of food supplies during the Coronavirus Pandemic in Bangladesh, Palestine, Sudan, Yemen.
We give food donations to orphans in Gaza, Palestine and Yemen and help give them education in order to help them secure a better life.
We help the homeless and refugees in Portsmouth, UK by providing them with food.
We distributing Quran translation to introduce people to the authentic Islam in Bangladesh and UK so far.
## **Financial review**
## **Reserves policy**
We are a small charity with limited income, money is spent immediately after we receive money gifts to fund specific projects. During the reporting period, the charity did not hold any funds in reserve. The funds released as it’s received on a regular basis for the dedicated purposes.
## **Principal funding sources**
The charity’s main source of income is money given by friends, family, the local community and local businesses.
## **Investment policy and objectives**
The charity has no immediate plan to invest.
## **Plans for future periods**
We intend to maintain, progress and expand our existing range of activities/projects.
## **Statement of Trustees’ responsibilities**
The charity trustees are responsible for preparing an annual report and 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 charity trustees to prepare financial statements for each 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 the financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- 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 the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that 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 Charities Acts. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees for the purposes of charity law who served during the year and up to the date of this report are set out on page 1.
Approved by the trustees and signed on its behalf by:
## _M Hussain_
M.S Hussain (Trustee) 04 January 2022
## **Islamic Provision Independent Examiner's Report**
## **To The Trustees of Islamic Provision**
I report on the accounts of the charity for the year ended 25 March 2021.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of examiner’s statement**
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
## **Independent examiner’s qualified statement**
Subject to the limitations upon the scope of my work as detailed above, in connection with my examination, I can confirm that in the course of my examination, no matter has come to my attention.
__________________ Name: Tahir Ahmed, FCA, ACMA, BSc (Hons) BC&A Chartered Accountants
## **Islamic Provision Statement of Financial Activities For the year ended 25 March 2021**
|Notes
**Income and endowments:**
Donations and legacies
1
**Total income and endowments**
**Expenditure**
**Resources expensed**
2
Governance costs
3
**Total charitable expenditure**
**Net movement in funds**
Fund balances at 26 March 2020
**Fund balances at 25 March 2021**|Unrestricted
Restricted
Total
Funds
Funds
Funds
2021
2021
2021
£
£
£
-
15,052
15,052
-
15,052
15,052
-
16,874
16,874
-
-
-
-
16,874
16,874
-
-1,822
-1,822
145
4,412
4,557
145
2,590
2,735|Total
Funds
2020
£
4,412
4,412
-
-
-
4,412
4,412|
|---|---|---|
## **Islamic Provision Balance Sheet As at 25 March 2021**
|Notes:
**Current assets:**
Cash at bank and hand
6
**Total current assets**
Creditors falling due within 1 year
**Net current assets**
**Net assets**
**The funds of the charity:**
Unrestricted funds:
General funds
Total unrestricted funds
Restricted income funds
7
**Total charity funds**|**2021**
**£**
**£**
2,735
2,735
-
2,735
2,735
2,735
2,735
2,735|**2020**
**£**
**£**
4,557
4,557
-
4,557
4,557
4,557
4,557
4,557|
|---|---|---|
The trustees acknowledge their responsibility for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
## _M Hussain_
M.S Hussain Trustee Approved by the Trustees on 04 January 2022
**Islamic Provision Notes to the accounts**
|**1**|**Donations and legacies**|**Unrestricted Restricted**|**Unrestricted Restricted**|**Total**||**Total**|
|---|---|---|---|---|---|---|
|||**Funds**|**Funds**|**Funds**||**Funds**|
|||**2021**|**2021**|**2021**||**2020**|
|||**£**|**£**|**£**||**£**|
||Donations and gifts|-|15,052|15,052||4,412|
|||**-**|**15,052**|**15,052**||**4,412**|
|**2**|**Resources expensed**
Food distribution
Quran distribution|**Unrestricted Restricted**
**Funds**
**Funds**
**2021**
**2021**
**£**
**£**
-
11,974
4,900||**Total**
**Funds**
**2021**
**£**
11,974
4,900||**Total**
**Funds**
**2020**
**£**
-
-|
|||**-**|**16,874**|**16,874**||**-**|
|**3**|**Governance costs**
Audit and accountancy fees|**2021**
**£**|**2021**
**£**|**2021**
**£**||**2020**
**£**
-|
|||-|-|-||-|
|**4**|**Employees**|||**2021**
**Number**|**2020**
**Number**||
|**5**|**Average number of employees**
**Trustees**|||-||-|
|**6**|None of the trustees (or any persons connected to them) received any remuneration during the year.
**Analysis of cash movement**
Balance b/f
Income
Accruals
Expenses|||||**2021**
**£**
4,557
15,052
-
-16,874|
||**Balance at 25 March 2021**|||||**2,735**|
|**7**|**Analysis of charitable funds**||||||
|**Analysis of fund movement**
**Unrestricted funds:**
Unrestricted general funds
**Restricted funds:**
Restricted general funds|**Balance**
**b/f**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**£**
**£**
**£**
**£**
145
-
-
-
**145**
**-**
**-**
**-**
**Balance**
**b/f**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
4,412
15,052
16,874.00
-
**4,412**
**15,052**
**16,874.00**
**-**|**Fund c/f**
**£**
145
**145**
**Fund c/f**
2,590
**2,590**|
|---|---|---|