CHARITY REGISTERED NUMBER:1181085
DARULHAQUE EDUCATION TRUST
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2021
ABU & ABU
CHARTERED CERTIFIED ACCOUNTANTS ABU NOWSHED CENTRE 71 WORDSWORTH ROAD SMALL HEATH, BIRMINGHAM B10 0ED WEST MIDLANDS
DARULHAQUE EDUCATION TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Registered Charity Number: 1181085 Trustees: Muddassir Anwar Faydhullah Shaikh Shafi Uddin Ahmed Registered Office: 7A Birmingham Street Wednesbury WS10 9JQ Accountants: Abu & Abu Chartered Certified Accountants Abu Nowshed Centre 71 Wordsworth Road Small Heath, Birmingham B10 0ED West Midlands
DARULHAQUE EDUCATION TRUST
FOR THE YEAR ENDED 30 NOVEMBER 2021
CONTENTS
Page Charity - Examiners report Trustees' report Balance sheet Statement of financial activities Schedule of funds Notes
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF DARULHAQUE EDUCATION TRUST
FOR THE YEAR ENDED 30 NOVEMBER 2021
I report on the accounts which are set out on pages 3 to 7
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 2021 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:17 May 2022
Abu & Abu Chartered Certified Accountants Abu Nowshed Centre 71 Wordsworth Road Small Heath, Birmingham B10 0ED West Midlands
Page 1
DARULHAQUE EDUCATION TRUST
REPORT OF THE
FOR THE YEAR ENDED 30 NOVEMBER 2021
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
Objectives and activities
The principal activity of the company continues to be that of charitable activities.
Financial review
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; 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 17 May 2022 signed on its behalf by:
..................................................... Muddassir Anwar Trustee
Page 2
DARULHAQUE EDUCATION TRUST
BALANCE SHEET
AT 30 NOVEMBER 2021
| Note | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||||
| Current assets | ||||||||
| Bank Accounts | 822 | 1,332 | ||||||
| ––––– | ––––– | |||||||
| 822 | 1,332 | |||||||
| Creditors | ||||||||
| Amounts falling due within | ||||||||
| one year | 3 | 400 | 240 | |||||
| ––––– | ––––– | |||||||
| Net current assets | 422 | 1,092 | ||||||
| ––––– | ––––– | |||||||
| Total assets less current liabilities | 422 | 1,092 | ||||||
| ––––– | ––––– | |||||||
| Net assets | £ | 422 | £1,092 | |||||
| ––––– |
––––– |
|||||||
| Capital funds | ||||||||
| Unrestricted funds | 422 | 1,092 | ||||||
| ––––– | ––––– | |||||||
| Total funds | £ | 422 | £1,092 | |||||
| ––––– |
––––– |
Approved by the trustees on 17 May 2022 and signed on its behalf.
................................................... Muddassir Anwar
The annexed notes form part of these financial statements.
Page 3
DARULHAQUE EDUCATION TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2021
| Total | Total | ||
|---|---|---|---|
| Unrest'd | Funds |
Funds | |
| Funds |
2021 | 2020 | |
| £ | £ | £ | |
| Incoming resources | |||
| Incoming Resources from | |||
| generated funds: | |||
| Voluntary income | 100 | 100 | 1,337 |
| ––––– |
––––– |
––––– | |
| Total incoming resources | 100 | 100 | 1,337 |
| ––––– |
––––– |
––––– | |
| Resources expended | |||
| Costs of generating funds | 610 | 610 | 0 |
| Governance costs | 160 | 160 | 2,090 |
| ––––– |
––––– |
––––– | |
| Total resources expended | 770 | 770 | 2,090 |
| ––––– |
––––– |
––––– | |
| Net movement in funds | (670) | (670) | (753) |
| Total funds brought forward | £1,092 | £1,092 | 1,845 |
| ––––– |
––––– |
––––– | |
| Total funds carried forward | £ 422 | £ 422 | £1,092 |
| ––––– |
––––– |
––––– |
|
| Details of Incoming resources and resources used are given in the notes | |||
| to the financial statements. |
Page 4
DARULHAQUE EDUCATION TRUST
STATEMENT OF FINANCIAL ACTIVITIES
DETAILED ANALYSIS OF MOVEMENTS IN FUNDS
FOR THE YEAR ENDED 30 NOVEMBER 2021
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||
| General Fund | ||||||
| Balance B/fwd | 1,092 | 1,845 | ||||
| Deficit for the year | (670) | (753) | ||||
| ––––– | ––––– | |||||
| 422 | 1,092 | |||||
| ––––– | ––––– | |||||
| Total funds at 30 November 2021 | £ 422 | £1,092 | ||||
| ––––– |
––––– |
Page 5
DARULHAQUE EDUCATION TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021
1. Accounting policies
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below.
These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
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.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings - 3% per annum of cost Plant and Machinery - 25% per annum of cost Fixtures and Fittings - 20 % per annum of cost Motor Vehicles - 25% per annum of cost
2. Turnover
Turnover is attributable solely to continuing operations and derives from charitable activities.
3. Creditors
Amounts falling due within one year:-
2021 2020 £ £ Sundry Creditors 400 240 ––– ––– £400 £240 ––– –––
Page 6
DARULHAQUE EDUCATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 30 NOVEMBER 2021
| 4. | Incoming resources | |||
|---|---|---|---|---|
| Unrest'd | Total | Total | ||
| Funds | Funds | Funds | ||
| 2021 | 2021 | 2020 | ||
| £ | £ | £ | ||
| Voluntary Income | ||||
| Donations | 100 | 100 | 1,337 | |
| ––––– |
––––– |
––––– | ||
| 100 | 100 | 1,337 | ||
| ––––– |
––––– |
––––– | ||
| 5. | Costs of generating funds | |||
| 2021 | 2021 | 2020 | ||
| £ | £ | £ | ||
| Fund raising cost | 610 | 0 | ||
| –––– | –––– | |||
| 610 | 610 | |||
| –––– |
–––– |
|||
| 6. | Governance costs | |||
| 2021 | 2021 | 2020 | ||
| £ | £ | £ | ||
| Legal fees | 0 | 1,850 | ||
| Accountancy | 160 | 240 | ||
| ––––– | ––––– | |||
| 160 | 2,090 | |||
| ––––– |
––––– |