Al Qasim Education Trust
Annual Report
31 March 2024
Charlty No. 1181479

Al Qasim Educalion Trusl
Contents
Page
Trustees, Report
Statement ol Financial Aclivitvds
Balance Sheet
Notes lo the Financial Stsiements

Al Qasim Education Trusl
Trustees. Report
Leg81 and admlnlstr8tlve status
The Al Qasim Education Trust was constrtuted under a trust deed dated 8 Jan 2019 and is registered
as a charity under number 1181479.
The Oblectlves of Al Qaslm Educatlon Twst
The objects ol the charity are the advancement ol the Islamic religion in accordance with the teachings
ol the Holy Quran and the Sunnah ol the Prophet Muhammed IPBUHI, lo advance academic education
and to relieve poverty worldwide as a result of natural disasters. The charitys objectives also include
relieving financial hardship, distress and sullering among poor peo￿e, victs'ms ol natLJral and man-made
disasters and other people in need by means ol. t￿1 not exclusively, making grants or loans lor providing
or pawng lor items, equipmenl, services and lacililies. including the provision ol food, clean water,
wheelchairs and costs lor attending schools and pawng lor ffledicines or medical treatment lor thè
benefit ol the said persons.
Trustees
The Trustees are as follows
Ahmed Abdul Haque Jat)bar
Asil Abdulhai Ghodawala
Yahya Abdul Rahman Ghodawala
Rlsk managemènt
The trLJStees have a risk management strategy which Incl￿ an annual review ol Ihg risks the
charity laces and the eslablishmgnl ol systems aThJ procedures lo miligale those risks and
implemenlalion ol procedures designed to minimise any potential impact on the charity should
those risks malerialise.
Reservo8 pollcy
The Iruslees aim lo ensure that suflicienl lunds are maintained lo enable the charity lo carry out its
activities.
Results for the year
The charity recorded a surplus 01 £2,522 lor the year12023.. deficit of £6081. The detailed results are sel
out in the attached linancial statemenls.
By order ol the Trustees
Asil Abdulhai Ghodawaja
Truslgo
20 August 2024

Al Qasim Education Trusl
Slalemenl of Financial Activities
for the year ended 31 March 2024
Notes
2024
2023
Incoming Resources
Donations
12.054
23.923
Resources Expended
Dlrect Charftablo Expenditure
Donations lo charitable causes
Travel and subslstence
Other legal and professional
Ac¢ounlan¢y lees
Bank charges
23,900
519
360
149
360
271
24,531
Nèt Incomlng I Ioutgolngl Rèsourc8$
608

Al Qasim Educalion Trusl
Balance Sheel
as at 31 March 2024
2024
2023
Current assets
Cash al bank and in hand
3,318
796
Current liabilities
Accruals
760
760
Net current assets
2,558
36
Net assets
36
Represented by
Accumulated Funds
Balance al start ol peric
Nel surpluslldelicill
36
2.522
644
16081
36
These accounts were approved by the Trustees.
Signed on behalf ol the Trustees
A A GIIODA'vVIlLA',Aiii', 20. L02sl lJ.U9 GMT+ii
Asll Alxlulhol Ghodowola
Trustee
20 August 2024

Al Qasim Education Trusl
Noles lo the Accounts
for the year ended 31 March 2024
1 Income and ExpendItU￿ analysls
2024
2023
In¢ome
Donations
12,054
12.054
23,923
23,923
Dlrect Charltsble Expendlturo
Donations lo charitable causes
8,504
23,900
Travel and Subsistence
Travelling eX￿nSeS
519
Legal and professional costs
Accountants lees
360
360
Olher flnance charges
Bank charges
149
271
2 Accounllng pollcle8
The accounts have been prepared urKler the historical cost convention and have been
drawn up in accordance with the Slalemenl ol Recommended Practice ISORPI -
"Accounting and ReKx)rting by Charities" issued by the Charrty Commissioners in England
and Wales.
Donallons rècèlvtd
Donations are accounted lor on a recoipls basis.
Resources expended
Expendilure is included on an accruals basis.
Funds
Funds comprise unrestricted lunds which are available lor use at the discretion ol the
truste¢s in furtherance ol the general obpclives ol the charity.
Trustee remuneratlon
No trustees received any remuneration during the year {2023.' £ Nil)