## **LEADING LIGHT TRUST**
**CHARITY NO: 1192083** FINANCIAL STATEMENTS FOR THE YEAR ENDED 14 SEPTEMBER 2023
## **LEADING LIGHT TRUST**
## **FINANCIAL STATEMENTS FOR**
THE YEAR ENDED 14 SEPTEMBER 2023
## **INDEX TO FINANCIAL STATEMENTS**
## **PAGE REF**
1 Trustees Report
2-5 Financial Statements and Note
## **LEADING LIGHT TRUST FINANCIAL STATEMENTS FOR**
THE YEAR ENDED 14 SEPTEMBER 2023
## T **USTEES ANNUAL REPORT**
The Trustees peruse the annual report and financial statements for the year ended 14 September 2023
Charity Name: - Leading Light Trust Principal Address of Charity: - 93 Greenhill lane Bradford BD3 8DZ
## **OBJECTS OF THE CHARITY**
The advancement of the Islamic faith throughout England in accordance with the Statement of Faith for the benefit of the public, through the provision of a premises to provide religious education and information about the Islamic faith.
## **NAMES OF THE TRUSTEES**
The trustees of the charity are as follows: -
1. Sharif Ullah Shahid
2. Mahmood-UL-Hassan Yazdani
3. Salah-UD-DIN
4. Muhammad Hammad Lakhvi
The trustees are volunteers who serve in office for a period determined by general meeting. The trustees generally give their time freely and receive no remuneration or other benefits. Please see page 4.
## **STRUCURE GOVERNANCE & MANAGEMENT**
## **ORGANISED STRUCTURE**
The trustees meet at regular intervals and are responsible for all decisions in relation to the running of the charity.
## **RECRUITMENT OF TRUSTEES**
The existing trustees are responsible for the recruiting of new trustees but in doing so the trustees seek the views and recommendations of others.
## **RISK MANAGEMENT**
The trustees seek to take no risks with the running of the charity and the finances of the charity are kept under constant review.
## **ACTIVITIES & ACHIEVEMENTS**
The Charity has pursued its objectives during the period of advance the Islamic faith for the public benefit throughout the UK through the provision of a premises to a charity “Umm Ul Qura Foundation Cio – 1192330” with the nil rent to provide religious education and information about the Islamic faith.
I declare in my capacity of charity chairperson that the trustees have approved the above report and have authorised me to sign it on their behalf.
**…………………………………………………**
**Sharif Ullah Shahid**
**Dated: 03 June 2025**
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## **LEADING LIGHT TRUST ACCOUNTING STATEMENT**
STATEMENT OF FINANCIAL ACTIVITES FOR THE YEAR ENDED 14 SEPTEMBER 2023
## **INCOME RESOURCES**
|**NOTES**
**Incoming Resources**
Donations
Rent
**Total Incoming Resources**
**RESOURCES EXPENDED**
Charitable Expenditure
(2ai)
Costs of Activities for
Charitable Objectives
(2aii)
**Total Resources Expended**
**Net Movement in Funds**||**UNRESTRICTED**|
|---|---|---|
|||**FUNDS**
**2023**
**£**
150
-
**150**
-
-
**-**
**-**|
||||
||||
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
-2-
## BALANCE SHEET AS AT 14 SEPTEMEBR 2023
## **NOTES**
|**CURRENT ASSETS**
Cash at Bank & in Hand
**CURRENT LIABILITIES**
Loans
**TOTAL NET CURRENT ASSETS**
**LESS CURRENT LIABILITIES**
**NET ASSETS**
**REPRESENTED BY: INCOME**
**FUNDS**
**Unrestricted Funds**
Funds brought forward
Surplus for Year||**2023**
**£**
150
-|
|---|---|---|
|||150|
|||**150**|
|||0
150|
|||**150**|
The financial statements were approved by the trustees **03 June 2025**
**…………………………………………………**
**Sharif Ullah Shahid**
**Dated: 03 June 2025**
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## NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 14 SEPTEMBER 2023
## **ACCOUNTING POLICIES**
## **(a) Basis of accounting**
These accounts have been prepared in accordance with accounting standards, Accounting, and Reporting by Charities Statement of Recommended Practice (SORP 2005) and the Charities Act 2011.
## NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 14 SEPTEMBER 2023 CONT….
## **2. TRUSTEES AND OTHER RELATED PARTIES**
No payments were made to trustees or other related parties for reimbursement of out-of-pocket expenses incurred by them.
## **3. CONTINGENT LIABILITIES**
No material liabilities existed at the year-end.
## **4. DECLARATION**
## **(a) Charges in Year End**
The trustees have established 14 September as the financial year-end date.
## **(b) Designated Funds**
The Charity does not have any designated funds.
## **(c) Discontinued, Continuing and Acquired Operations**
All the charities operations are continuing operations and there were no operations Discontinued or acquired during the year.
## **(d)**
## **Inalienable or historic Assets**
The charity has no assets at the balance sheet dated classed as inalienable or historic.
## **(e) Intangible Assets**
The charity has no intangible assets.
## **(f) Subsidiaries**
The charity has no subsidiary companies
## **(g) Uncapitalised Fixed Assets**
The charity has no material fixed assets, which have not been capitalised and Included on the balance sheet
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