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| |**Detailed**Statement 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: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. 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