REGISTERED CHARITY NUMBER: 1183116
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024
FOR
THE FOUNTAIN TRUST
THE FOUNTAIN TRUST
| CONTENTS OF THE FINANCIAL STATEMENTS | ||
|---|---|---|
| FOR THE YEAR ENDED 31 JULY 2024 | ||
| Page | ||
| Report of theTrustees | 1 | |
| Independent Examiner's | Report to the Trustees | 2 |
| DetailedStatement of | Financial Activities | 3 |
| BalanceSheet | 4 |
1
THE FOUNTAIN TRUST
REPORT OF THE TRUSTEES FOR THE VEAR ENDED 31 JULY 2024
The trustees present their report with the financial statements of the charity for the year ended 31 July 2024. The trustees have adopted the provisions of the Statement of Recommended Practice applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2015).
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity Number 1183116
Principal address
109-111 New Cross Street Bradford West Yorkshire BD5 8BP
Trustees
The trustees and officers serving during the year and since the year end, are as follows:
Mohammed lbrar Trustee Amran Khan Trustee Muhammad Hayaat R Khan Trustee Mohammad lrshad Afsar Trustee
Independent examiners
AMH Accountants Limited 376 Langsett Road Sheffield S6 2UG
2
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Risk management
The trustees have a duty to identify and review the risk the charity is exposed to and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's objectives are the advancement of education in Bradford as well as advancing the benefit and practice of the religion of Islam for the benefit of the public, by the furtherance of the school known as The Fountain. The school also has a provision of education including National Curriculum
Education to GCSE level.
The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance Public Benefit: running a charity (PB2)'.
Mohammad Afsar (May 30, 2025 22:31 GMT+1)
3
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE FOUNTAIN TRUST
I report to the trustees of my examination of the accounts of the charity for the year ended 31 July 2024.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carries out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiners statement
I confirm that I am qualified to undertake the examination by virtue of my membership of, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) regulations 2008 other than requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns 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 accounts to be reached.
AMH Accountants Limited 376 Langsett Road Sheffield S6 2UG
30/05/2025
4
THE FOUNTAIN TRUST
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2024
| Income Children's fees Donated funds Expenditure Educational material purchases Insurance Consultancies fee's Rates Wages Light and heat Telephone, internet and fax Printing, postage and stationery Repairs and renewals Security Equipment hire Computer costs Motor and travel expenses Trade waste and cleaning Training and subscription Sundries Student expenses Accountancy fees Legal Fees Professional examination fees Catering costs Bank charges and interest Suplus/(Deficit) for the year |
£ £ £ £ 84,685 96,235 17,894 895 102,579 97,130 4,618 1,791 - 2,052 3,919 - 3,240 2,298 73,743 63,547 3,736 3,562 598 447 2,648 1,321 3,025 1,079 2,697 - 815 1,014 864 990 50 573 1,086 838 38 2,043 653 164 1,000 2,467 350 350 809 - 6,921 3,550 3,637 2,024 190.64 205 114,638 90,312 12,059 - 6,818 2023 2024 |
£ £ £ £ 84,685 96,235 17,894 895 102,579 97,130 4,618 1,791 - 2,052 3,919 - 3,240 2,298 73,743 63,547 3,736 3,562 598 447 2,648 1,321 3,025 1,079 2,697 - 815 1,014 864 990 50 573 1,086 838 38 2,043 653 164 1,000 2,467 350 350 809 - 6,921 3,550 3,637 2,024 190.64 205 114,638 90,312 12,059 - 6,818 2023 2024 |
|---|---|---|
| 97,130 | ||
| 90,312 | ||
| 6,818 |
Mohammad Afsar (May 30, 2025 22:31 GMT+1)
5
THE FOUNTAIN TRUST
Balance Sheet
As at 31 JULY 2024
| 2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Fixed Assets | ||||
| Land and building's | £232,121 | £232,121 | ||
| £232,121 | £232,121 | |||
| Current Assets | ||||
| Debtors and prepayments | £4,550 | £58,756 | ||
| Oasis global management | £492,281 | £582,225 | ||
| Cash at bank | £77,906 | £121,474 | ||
| £574,737 | £762,456 | |||
| Current Liabilities | ||||
| Creditors and accruals | £350 | £627 | ||
| Loans | £80,000 | £80,000 | ||
| £80,350 | £80,627 | |||
| Net Current Assets | £494,387 | £681,829 | ||
| Net Assets | £726,508 | £913,950 | ||
| Represented By | ||||
| Accumulation account | £714,449 | £907,132 | ||
| Add: Surplus/(Deficit) for the year | -£12,059 | £6,818 | ||
| £726,508 | £913,950 |
Mohammad Afsar (May 30, 2025 22:31 GMT+1)
6
Binder4
Final Audit Report
2025-05-30
Created: 2025-05-30 By: Asad Hanif (asadhanif07@live.co.uk) Status: Signed Transaction ID: CBJCHBCAABAA6aA7GRb2zxwLAbzgnY3KMmL3JkH38wSi
"Binder4" History
Document created by Asad Hanif (asadhanif07@live.co.uk)
2025-05-30 - 4:42:50 PM GMT
Document emailed to Mohammad Irshad Afsar (mohammadafsar@yahoo.com) for signature
2025-05-30 - 4:42:54 PM GMT
Email viewed by Mohammad Irshad Afsar (mohammadafsar@yahoo.com) 2025-05-30 - 5:30:39 PM GMT
Signer Mohammad Irshad Afsar (mohammadafsar@yahoo.com) entered name at signing as Mohammad Afsar 2025-05-30 - 9:31:13 PM GMT
Document e-signed by Mohammad Afsar (mohammadafsar@yahoo.com)
Signature Date: 2025-05-30 - 9:31:15 PM GMT - Time Source: server
Agreement completed.
2025-05-30 - 9:31:15 PM GMT