## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name NOUVELLE OPTIQUE UK **members of** **On accounts for the year** 31 MARCH 202 **Charity no** 1187124 **ended (if any) Set out on pages** 1 TO 12 (remember to include the page numbers of additional sheets) **Respective** The charity's trustees are responsible for the preparation of the accounts. **responsibilities of** The charity’s trustees consider that an audit is not required for this year **trustees and examiner** under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. - **Basis of independent** My examination was carried out in accordance with general Directions given **examiner’s statement** 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 the 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** In connection with my examination, no matter has come to my attention **examiner's statement** which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act - have not been met; or 1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Date:** 29/01/2026 **Signed: Name:** M F Suleman **Relevant professional** Accountant **qualification(s) or body** 1 **IER** **March 2012** ## **(if any):** **Address:** c/o Fusion Accounting Ltd Leicester LE5 5HH ## **Section B Disclosure** Only complete if the examiner needs to highlight material problems. **Give here brief details of** None **any items that the examiner wishes to disclose** . 2 **IER** **March 2012** CHARITY REGISTRATION NUMBER 1187124 NOUVELLE OPTIQUE FINANCIAL STATEMENTS 31 MARCH 2025 NOUVELLE OPTIQUE FINANCIAL STATEMENTS PERIOD TO 31 MARCH 2025 CONTENTS PAGE Trustees Annual Report Statement of Financial Activities Balan￿ Sheet Statement of Cash flows Notes to the Statement of Cash flows Notes to the Financial Statements 10-12 NOUVELLE OPTIQUE TRUSTEES ANNUAL REPORT PERIOD TO 31 MARCH 2025 The Trustees have ￿aSUre in presenting their report aThl fwwneAal statements of th8 Charity for the period to 31 MARCH 2025. REFERENCE AND ADMINISTRATIVE DETAILS Regi•t•red eharfty name NOUVELLE OPTIQUE CHARITY REGISTRATION number 1187124 Regi•terod offic•: 151 Kimberley Road, thcester, LE2 1 LP THE Tru•t•e• The Trustees selv￿1 the charity during the were as follow5". IVANCE ELLEN CAROLE SOW ABOU8ACAR MIDODJI AGBOGBODO Charlty Accountant• Fusion Accounting Ltd 398A East Park Road. Lelcester LE5 SHH Ch•rlty Bankev• Barclays Bank 1 Churchill Place. London E14 5HP STRUCTURE, GOVERNANCE AND MANAGEMENT NOUVELLE OPTIQUE is a Charitable Incorporated Organisation (CIO) govemed ty its constitution executed on 23" Decerrtm 2019 and was registered with the Charity COMMI￿1￿ on the 23rO December 2019. Nèw trustees are appointed by a nomination prcxxss and majority decision of the trustees. The day-to4ay wnning of the Charty is delega￿￿ to the CIMir of charity Ms.Ivance Ellen Carobe. Tnjstees meet regularty to make decisions and diswss all aspe(*8 of the charity. The charity does rnt employ any staff and hence it relies on the vduntary time of the trustees to manage the affairs of the charbty. No volunteers are employed in the charity. During the period, tharity had es￿l￿ished partnership with Nouvelle Optique France to collaborate and cooperale on J￿nI prqects in pursuit of Chanty objectwes in various countries. NOUVELLE OPTIQUE TRUSTEES ANNUAL REPORT f¢onthu•4J PERIOD TO 31 MARCH 2025 OBJECTIVES AND ACTIVITIES The objecti'ves of the organisation. as set in ts govem#)g d¢xument are." (1) To relieve financial hardship. distr￿ and suffering among poor people arml other people in need by means of, but not exclusNety, making grants or loans for providing or paying for items. equipment, services and facilities, including the provision of fo(xl. clothing. ￿an water and the establishment of hardship fund for the benefit of the saKJ persons., {2) To advance education for the benefft of the poty. the illiterate and the gwEral publtc by means of, but not exclusively, the provision or assistance in the provision of educational resources, &]uipment, activrties and facilities, such as schools and training centres. 131 To advance the religion of I￿arn, by means of, bul not exdusivety, promcrting the teachings and lenels of Islam via the provision or assistance in the provision of Islamic pla￿ of worship and Islamic education classes in accordance viith the leachings of ihe Quran and Sunnah of the Prophet Muhammad {peace and blessings be upon him) as interpreted by the Ahle Sunnah Wal Jamaah school of thought. The charlty aims lo support the reltef of financial hardship, advance educatlon and advance Islam In various parts of the worhj. The chanty does not have any employees. All administration and fundraising are ￿Mpleted by Irustee volunteern. Thus. volunteers, contribution is sh3nfficant to the charity's ability to undertake all its activities. The charity measures success in the peri(yJ by assessing the thel of d(x)atK)ns raised, the number of projects planned and delwered in expending those donations. and the nL#nber of beneficiarfes. The achievements and actlvftles undertaken durlng tr* perlod Is shown bekyw. aThJ Indlcates a successful period of raising funds and deliveriry benefft to tenj of thousands of people. ACHIEVEMENTS AND PERFORMANCE During the year, NOUVELLE OPTIQUE has, through its partner charity Nouvelle Optique France, raised charitable funds for various proi8ds and successfully delive￿ a programme of povety relièf. hardship relief, Islamic advancement. and edUcat￿)nal advan￿ment for persons in various countries indLKling Ghana. Senegal and Madagascar. The delivery of projects was via three deliver partrws which reached to the athmentioned countrie5. The achievements inclthled: Construction of 22 vrater %%ells for dean water Drilling of 2 boreholes for clean water Installation of 1 water tank Delivered 200 Qurbani distributiorts to poor Pers(￿5 Construction of 1 schcol Distribution of 700 frurt seedlings to to 8Stablish a Irvelihood Supported the runnirvJ cost of an orphanage NOUVELLE OPTIQUE TRUSTEES ANNUAL REPORT I¢￿￿￿￿0) PERIOD TO 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE Icontinu•d) Distribution of 103 hardship grants to poor arKI needy Construction or rehabilrta.on of 3 mosques Distribution ￿ 45 school kils to school chiklren Distribution of 1,250 Meals and FoL>J packs Distribution of 3,6CKI books to school thiklren The water wells, bcKel#)les, water tanks, fruit seedlings, Qurbani, meals and hardship grants all helped the charity meets its objective lo reli8ve financial hardship. constnjction and rehabilitation of mosques helped the c*anty ts objective to advance Iskim ft)r public benefft. The sthool kits. b¢x)ks and construction of schwb all helped Ihe charty to meet ils obJectNe to ad¥ar)ce e{lucat￿n for public benefit. The charity measures perf0rrnan￿ of the aChiev￿nent by detenninirvJ the outputs from each project and compared with the outputs slated in the proposals r￿1Ved from delivery partners. This way the trustees are able to ensure that the outy)uts are in line with the expectations of the charity and that the projecls are d8liveriry impact and benefft to Ihe public. PUBLIC BENEFIT STATEMENT The trustees havo ry)nsKlered the genoral guidanc• M public benefft issued by the Chanty Commission and has taken due regard of that guMdan¢x. The tntstees consider that they are satisfied that the charity's activitie$ do benefit the public as it is meeting an Klentifiable need among Ihose in need. The trustees have benefrtted mary needy irrtdividuals and families and has helped them lo alleviate their financial needs in ts'mes of desperatM)n in Order to sustsin living. advance educab'on via provision of resources where rK>t have the mearts and advanced Islam by assistance in the provi8ion of plac£s of worship. GRANT MAKING POLICY The charity gNes grants to partner organisalions that have financial hardship, education ar)d Islamic projects operating in the a￿a$ of benefit. Via the partner organisations, the r￿d$ of the poor are met for their basic neceSSrt￿ to sustain lrfe and the estsblishment of clean water v￿11$ and water pumps. The educational and Islamic needs are also met wtlh grants to establish the facilities ¢y with resources. The fflleria for benefKiaries of pather organisats'ons is that the benefi¢iary is either poor and resKling in a poor village, or an wea affected by a natural disaster, or affected by COVID-19 wrth no source of income. or an Orphan arnl does not have the means to have regular meals, or a poor househokj with no source of income or kyw income. or part of a large f￿llY vkno does not have sufficwrt incThne lo moet the costs for basic necessities In addition, the grants to partner organisab'ons allow5 the charity to establish, repair and sustsin Islamic places of woTrhip and educational insts'tub'ons. Each partner organisation is selected in accordan￿ with the Due Di1Wen￿ polry of the charity. NOUVELLE OPTIQUE TRUSTEES ANNUAL REPORT Icontrnu PERIOD TO 31 MARCH 2025 FINANCIAL REVIEW NOUVELLE OPTIQUE tHd secured funds frcm public dcThys and grant makers (from sister charities in Fran￿) for their actrvities totalling £1 $3,492 during the year. This was a substantialty less compared to previous pefyod {£1,112.480) because the sister charity in France re￿IVed less donations for joint projects. All income from public donofs and insbtutions ¥￿e directy to the Chanty or to the Partner Charty V￿re made via the bankn'rva system aThJ comprtsed of res11K￿l funds gr¥en for particular projects. The expenditure for the year vas £172,219 {2024'.£ 1.151.263), whth was primarily partner grants totalling £152,36512024.'£ 1,144,552) made to 3 partners of the Charity. This generaled a defiat of £18.727 for peri(xl vh)ich was met with year surplu88s. At the end of the period the charity held £6,737 in Restricted reserves. There is no set reserves polw as all surpluses wil be u88d for future dwilable experKliture. PLANS FOR FUTURE PERIODS Future plans are to continue to rai88 more fuThJs from tho wblic arml deliver more charitable projects in line with the aims of the Charity whlch are set (￿t above. RESPONSIBIUTIES OF THE TRUSTEES The charivs trustees are responsible for prepafing the TnBtee8 Annual Report and the finandal Statements in accordance v￿th applicable law and United Kingdom Accourrting Stsndards (United Kingdom Generalty A￿epted Accounting PTh%lice). The law applicable to chariti88 in England aNJ Wales requires the tr￿tea8 to prepare financial statements for 8ach financial year which give a true and fair view of Ihe state of affairs of th8 charty and of the incoming resources and application of resour¢es of the charity for that ptyiod. In preparing these financial ststements. the trustees are required to.. select suilable accounting policies and then appty them consistenty. observe the methcKls arnl principles in the Charits'es SORP; make Judgements and estimates that are reasonable and pr￿sent.. state whether applicable accounting standards have been folkA%pd. suty'ecl to any material departures disdosed arKI explained in the financial ststements; prepare the financial statements on the going concem basis unless rt is inappropriate to presume that the charity will continL* in operation. NOUVELLE OPTIQUE TRUSTEES ANNUAL REPORT PERIOD TO 31 MARCH 2025 The trustees are responsible for keeping proper accounbrvj rec4xds that disd￿ wrth reasonable accuracy at any time the financial positK)n of the charity and enable them to ensure that the financial staternents compty vAth the Chariiies Act 1993 and the Charity {A￿Ounts and Reports) Regulations 2008. The trustees are also respon￿ble for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention arKI deteth'on of fraLxI and other irregulariti88. APPROVAL The report was approved by the Trustees on And sffjned on tr￿1r behalf by Ms. Ivance Ellen Carole Trustee NOUVELLE OPTIQUE STATEMENT OF FINANCIAL ACTMTIES (SOFA) PERIOD TO 31 MARCH 2025 Total Funds Period to 31 Mar 25 Unre•tricted Re•trSctod Funds Funds Total 31 Mar 24 INCOME from donations and legacies 2 163M92 153,492 f,111480 Total 153A92 163,492 1,111480 EXPENDITURE on raising funds charitable activrties 3 17.505 162.672 17,506 154,714 1042 1,151,263 Total 1042 170.177 172,219 1,151,283 NET INCOME {2.042) 116,6861 (18,727) (38,783) Transfefs between funds 1,712 11,712) Nel movement in funds 1330) 118,397) (18,7271 (34783) Rèconclliatlon of funds Total funds brought forward 330 25.134 25,464 64,247 Total funds carrled forward 6.737 6,737 25,464 NOUVELLE OPTIQUE BALANCE SHEET PERIOD TO 31 MARCH 2025 Tolal Fund8 Period to 31 Mar 25 Unrestrtctod R•8trktsd Funds Funds Total 31 Mar24 CURRENT ASSETS Cash in hand and bank 6,737 8,737 31,184 Total 6,737 8.737 31,164 LIABILITIES Creditors.. amounts falling 5 due within one year 6,700 Net current assets 6,737 26,464 Total assets less CUfTent labdilies 8,737 25,464 Total Net A•Mts 6,737 26,464 The funds of th• ch•rlty Unreslricted funds Restrictsl funds 330 25.134 6,737 Total 6,737 25.464 These ac¢wnts were approved by the Trustees on arKI are sign on their behaw by.. Ms. Ivance El￿n Carole Trustee CHARITY REGISTRATION Number.. 1187124 NOUVELLE OPTIQUE STATEMENT OF CASH FLOWS PERIOD TO 31 MARCH 2025 31 Mar 25 31 Mar24 CASH FLOWS FROM OPERATING ACTIVITIES Cash generated from operatiorts 1 122.427) 137,883 Not cash provldod by operating acllvltl•s 122,42n 137,883) Change In Cash and cash •qulvalant8 In tho reportlng porlod 122,427) 137,883) Ca•h and cash equlv818nt• at the boglnnlng of the reportlng perlod 31,164 69,047 Cash and cash oqulvalonts at the ènd of the roportlng p•rlod 8,737 31,164 NOUVELLE OPTIQUE NOTES TO THE STATEMENT OF CASH FLOWS PERIOD TO 31 MARCH 2025 1.Reconciliation of net Income to net cash fl¢)w from operating activities 3110312025 31/0312024 Net In¢om• lor th• rnporting porlod (as por the Statsment of Flnanclal Actfjvltle81 (18.727) (38,783) Ad}u$tmonts for. Increase in debtors Increase in creditors (3,700) 900 Net cash provid•d by oporatlon8 122,427) 137,883) 2. Analy•ls of Chang￿ In net fund• At 0110412024 Cash flow At 3110312025 Net cash Cash at bank and in hand 31,164 (22,427) 8,737 Total 31,164 (22.427) 8,737 Tho notss fom part of these flnancial statements NOUVELLE OPTIQUE NOTES TO THE FINANCIAL STATEMENTS PERIOD TO 31 MARCH 2025 1. ACCOUNTING POUCIES a) Basls of accountlng The accounts have been prepared in accordance the Statemert of R￿lmended Practice.. A￿UntIng and Reporting by Chanties preparirKJ their accounts in accordan￿ with the Financial Reporb'ng Stsndard applicab￿ in the UK ar*d Republ￿ of IrelarKI (FRS 1021 issued on 16 Juty 2014 arKJ wrth the Financial ReForting Standard applicab￿ in fv United Kingdom arKI Republic of Ireland (FRS 102) and WFth the charit￿ Act 2011. The charity constitutes a public benefft entity as defined by FRS 102. b) Fund accountlng Unrestricted funds are general fvrKls that a￿ available for use at the trustees, di8ffttion in furlherance of any of objectives of the charity. Restricted funds are those donated for use in a parbcukr area or for SpeCrf￿ purposes. the use of vthich is restricted to that area or purpose and Ihe restriclion means that the fvnds can only be used for specifbc proieds or activits￿. c) Incomlng re*ou￿8¥ Voluntary income, indudirvJ donations, gifts aTrl legacies and grants that provide crjre fundlng or are of a general nature, are recognised where there is entitlement. certainty of receipt and tl* amount can be measured wilh suffi(aent reliabilty. Income from charitable acbvities indiths income fwnisad a8 eamed (as the related goods or services are provtded) under contract or ¥*t)ere entitleffent to grant fuTrJlng 18 subject to specrfic perfomiance conditions. Grant income induded in this category provides funding to support programrne activrtEs and is recognised where there is entitlement, certainty of receipt and the amount can be measured with Suffic￿ reliabilty. dl Ro•ourc•s exponded EX￿nditure is recognised when a liability is incurred. FurKling P￿ed through contractual agreements and perf(￿an￿ related grants are recognised as goods or services supplied. Other grant payments are recognised wthen a Constr￿ti¥e oblKJation arises that results in the paymènt being an unavoidable commilment. Cosls of raising funds are those costs incurred in attractiThJ voluntary income, and those incurred in trading activrties that raise furKIs. -1 NOUVELLE OPTIQUE NOTES TO THE FINANCIAL STATEMENTS (continued) PERIOD TO 31 MARCH 2025 2. DONATION & LEGACIES Unmtrlct•d R•strlcted Total Fund• Funds Funds 2025 Total 2024 Donatlons Donations 163A92 163A92 1.112,480 TOTAL 153.492 153,492 1.112,480 3. EXPENDITURE - Charltablo Actlvlti Grants making is primarity undertaken under a partnership agreement Imth five Charit￿ based in Morocco. Cambodia, Ghana, Nepal and Seregal as detailed below. UnrestrIct￿ Reltrlcted Total Fund# Funds Funds 2025 Total 2024 Grants Cambodian Muslim Intellectual Alliance The Abdul Aziz Charilable & Humanitarian Foundation (Ghana) Assw'ation Le Nouveau Bonheur (Morocco) HERA Educational & Humanitarian ServK% S {Nepal) 191,858 34,4C6 34,406 733,143 56,406 12,904 BARAKTE Humanitaire (Senegal) 98.736 98,738 150,241 MAMOA 19.223 19,223 SUB TOTAL Charltsble Actlvllle• (other) 162,365 162,365 1.144,552 Audil Fees Bank Charges Consultancy Fees Accountancy Fees 750 Travel Costs 257 Postage, Printing & Stabonery Costs 535 4,200 1,234 500 750 307 307 500 750 257 535 27 SUB TOTAL 2.042 307 2,349 6,711 TOTAL 1042 152,672 154,714 1,151,263 -11- NOUVELLE OPTIQUE NOTES TO THE FINANCIAL STATEMENTS (conlinued) PERIOD TO 31 MARCH 2025 4. Staff Dl•clo8ure8 Total number of stsff empbyed during the pml is O and subseqL• no staff member was paKI more than £60,000 duriTha the period. 5. CREDITORS: Amounts falllng due wfthln one year Trada cr8dltorn Accountancy Fees for 2024 Accountancy & Examination Fees 2025 Con8uttancy Fees 750 750 500 2.000 6. TRANSFERS BETWEEN FUNDS During the period. the trustees transferred £1,712 from Restricted funds to Unrestricted Funds because there was an overspend of Unrestricted Expenditure and the pri￿ year transfers from Unrestricted funds to Restrided funds have party been offset wth this transfer of funds to ensure that the Unrestr￿ted furKls does not show a negative balance. 7. CONNECTED PARTY TRANSACTIONS There were no payments made to any trustee or (x)nnected persm duriTra period for any remuneration or expenees. No donath)ns re(*ived from tfttste8s durirnj thè peri(Kl. 12-