Ala Yaseen REGISTERED CHARITY NUMBER 1188430 FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST March 2024 Alil Yasoon FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST March 2024 CONTENTS PAGE C.ENERAL INFoR￿ATIoN TRUSTEES REPORT 2&3 INCOME & EXPENOITURE ACCOUNT BALANCE SHEET NOTES FORMING PARTS OF FINANCIAL STATEMENTS 6&7 Ala Yasoen FOR THE YEAR ENDED 31ST March 2024 TfUSt*•$ Mr.Baba Ni Ch*r Mr. Ahrnza Jahangir Treasu Mr. Amin Hamami Seuetary Charity registration Number 1188430 Registered Offi 29 Melboumè Road Nottingham NG2 48X Bankets Lloyds Bank 12-16 Lower Partiamenl street Nottingham NG1 3DA Accountants Trent Accountancy se￿￿ Ltd 71 Tenbury Crescenl Nottingham NG8 SHU Trustees, report for the year ended 31st March 2024 Structure, Governance and Management . Governlng document Ala yaseen is an association govemed by its constitution dated 08 January 2020 and was registered wilh the Charity Commtssion on 09 March 2020. b. Method of appointment and inductlon of new Trusteos New Tfuslees are appointed by Ihe members of the charity at a general meeting and are briefed on their legal obligations under chanty law, the ￿ntent of the tharivs con$titutKm, and its re￿nI perfonnance. . Organlsational structure and decision maklng The boafd of Trustees oversee the running of the Charity on a day to day basis. AJI operational dectsions are made at board meetings which are held frequenty through the year. d. Risk Management The Trustees have assessed the rnajor risks to which the charity is exposed and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks. Objectives and Actlvilles a. Summary of objectives The objectives of the ¢harity as set out in ils goveming docurnent are as follows: SUPPORTING THE RELIEF OF POVERTY BY PROVIDING BASIC NEEDS SUCH AS FOOD. CLOTHING AND SHELTER TO THE NEEDY GIVING SUPPORT IN THE ADVANCEMENT OF EDUCATION ANO FIGHT AGAINST ILLITERACY ESPECIALLY TO POORER COMMUNITIES The Trustees have reviewed the objectNes ol the charity lo ensure that ihvi provide an overall benefrt to the people of Gambia and Senegal. In ¢onducb"ng this reviE4Y. the Tntstee5 have considered Ihe Charity Commission's general guidanc* of publtc benefrt. b. Actlv•li¢• for achievlng objective$ The charity has supported Ali Yaseen Charity En the Gambia lo run a rural madrassa school in Kassagrye village where ttiere Is no school gNing the local children opportunity to leam. The charity has supported Ali i YdSP.en Gambia IF7 construclring a Madfassa School In an impoverished village. named Fouffour Village. The school ha$ boen built to a go(¥J staThJard and orphans and childfen from very poor background have now 901 the opportunity lo leain and boen taken caie of in a d4gnifEd vray. The chariiy has also disliibuted family lood pafcels lo poor and needy faMil￿S In the Gambia as part of its leeding programme and povoity lo1￿1 tjbjective The Charity has also helped loed needy families dufing Raniadan ￿th foryj par￿1$ and nutritious readity cooked meals and durmg Qu￿an1 with licsh meat io help Ihem ￿￿0[ale Ihe eid fesbval hapilly Prlncipal funding During Ihe year Ihe charity raised a total of £22.684 01 tncoming resources before chantable expenditure. Most ol Ihe fund5 raised were through vOlun￿ry donatsons ITOM wilhin the local community an¢ through number of fundraising programmes hekl al various locations across Ihe East Midlands. Statemenl of Trustees. Responsibililies Cnarity law rEquires the Irusiees to prepare financial slalemenls for each financial year whi¢h show a Irue and falf Y￿W ol the stale of affairs of the charity and its financial adivities for that period. In preparing those finanoal statements. the trustees are required to. - select suitable accountsng policies aTrJ then apply them con$istenty," - make judgements and estsmales that a￿ reasonable and prudent: s13:e bvhether applicable accounbng stsndards and statements of recommended practi￿ have been lo',lowed. subiecl lo any departures disd05ed and explained in the finanual statements.. and - prepa'.e the finanual slalements on the going con*m basis un￿S it is inappropriate to presume that the ¢ttanry ￿11 not continue in operational existence. The trustees are responsible for keeping proper a(Eountsng records disdose with reasonable accuracy at any bme the financial position of the ¢hanty and to enable them to ensure that the financial slalements compw Yalh the Charities Act 1993. They are also responsible safeguarding the assets of the charity and hence lor taking reasonable steps for the prevention and dedieatK)n of fraud and other irregularities. oz //i/202¢* Ths report was approved bythe Tfuslees on .................... . SW3ned on their behalf. by.. .and Baba N5 Alli YdniJ¥in Hwiil•l*i•rt (:li•illy HiiinlJ•i 11R44YJ IN(:OMI-. & I- XI>I NI)I I I)111- AC'(-OIJNT r. c)$1 TIII=. YF-AII I. HI)I'. D 318 T Mdif.h 2f114 lJiiin*tilf.l•d Flo4lrif.1od lunrJ• FunvJ• Irrtal FunfJ• 2f•23 2fJ44 Incon1• i•*ouic•• Incom• Itom u•n•ral•Jd ltsnds.. Don4'1rJn• (J"ft Aio 17 Tolal Incornlnu Rtr•oufce• Ro•ourc*• *ipond•d Y).-; .)lJ¢Jf*Jrt Cr•$t Total vo•ouico• •xwnd•d Ni.1 Incomif)uloutuoing Re•oufce• Irii¢llt•rri•nl (rJrfi*Jl%iIturgliJ￿.ty Nrfpt MrN•m•nt In fund• b•loi• Yranif•r¥ Not ¥iJw•m•irt In lurbd¥ ffjf th• year P, lj.J Ala Yasoon Rooislorod Chatlty Numl)or 1188430 BAI.ANCE SHF.ET FOR THE YEAR ENDCD 31ST March 2024 Nole 2024 2023 Currnnl Assets Ca 6.729 14,695 Net Assots 6,729 74.695 CAPITAL RESERVE Accumulated Surplus Account 6.729 14,695 6.729 14,695 EXEMPTION STATEMENT The truslees of Ala Yaseen are reSpc￿St4e lor the prep￿al￿ of the 8Lxw*s. ihe trustees consider that an Audit Is not requwe(l ft)r thLS yEar undèr 144121 of chaft￿S Act 2011 and tr.at an Independent eXamIna￿On * nee(Jed as is atove GBP 25.￿} sibilrties for. Tho Tru$t•es acknoW￿led e thelr rn$￿_ 11 complying the wilh the requKemeniS ofchanty 2011 Ad i e Chty keep5 approtffote accounting recoTeds lor preparat￿ Ot Financol sialer￿. 2) Charity has P￿pared Ihe accounts Wh￿ gwe a knje aThJ f* olthe s* ol affa￿5 of the charty end ol the financial yeaf 2021, and of its ex[￿*￿re ar£Wd￿ wrth tho rtquirernenls ol charity Act 2011. These accovnis have been dclivwed In with the prov$￿ aFWKab* to sm*1 chantw. and In accnrdance with th6 l¢nancial siarthrd ￿ sm*f Ents￿S were aFwroved by ￿e Plana9cmeni rJ)mmirtce TRUSTEE Mt.B• Th• noies on pagtr 6 & 7 frKm part ol thLs financol Al41 Yaseon Niitvj fomiing part of iho34F fii)aiicial jl.olornoii13 FOR THE YEAR ENDED 31ST M.Ifch 2024 l. Aicounting Policios e4$1$ ot pr*p4ring th• finaftcul Ststsm•nts '=a &JY'Wts V4hth ¢s 8 twefil entr.ty urkler FRS 102. prekTrATft1 in tX-.%-.YthN# PThiK* flwnry &xThJnts ￿ &-£lMI.Ir￿e ￿1h tho F Inanci$ -WQ e 47 tre VK 3p0 ot IrtL3ThJ iFRS I0&) iellwlwc l J.IniiJry iO1S)'. F -Axa' rg illl 'TN¥ F￿anC￿l Re(K￿.rhj blJrKtsrd ar￿￿/b￿* ￿ the UK ano IlepUtTrI￿ ol l..E* ary3 Chanties Ad "011. The finanoal statements have PfeF)ared uThler tht) hi*¢or￿al Tax 3tatu$ A.'l .Icore rs sed ln $13%**nt of AthLt*s ¢yKe It* chanty Cntytlen￿I to tht* lunQs. Il ptra=* tra::* rcife iy aiN1 lh¢ can t* me&%urThl wtlobty FUND ACCOUNTING 'rre$'.v.e¢ fw)os a? avaiiatr* tr use ai drtrerw ofthe trus￿￿$ ¢fi fvrtT*YJrKw of tne general eAp•ndrtur• l Jb':*s a￿ rtKry*,seo 3$ eiL*Pei¥U* as as thL¥e ¢ a W or ￿￿$truct￿e L*)IioatlLY) ¢xMimi(tIlW Iho ¥ty A rwt expenai.wre rt s wthabie inat a transterof ￿nEfIts will be rtouirrJJ in setutnienl and tr¢ tr.e co.. can te ffeasuTEQ relobty E￿￿..I￿re ts xcwntLyJ fLv ￿ an ac¢ruals b3s1s atNJ has t*en e.ass,'.ed Un4JL¥ ￿￿1n9$ thJt ￿41￿￿te all cost ￿L)KAj to ihe caiewry WTrere o)sts caiiniy be tj Vl?1 a-..rtrJt•J 10 pJr*¢ui4r hea)￿*$ IW iwi allYate