Charity registration number 1197947 (England and Wales)
VESMA EDUCAITON TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
VESMA EDUCAITON TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Arsad Patel Azhar Suleiman Patel Ammar Patel
(Appointed 1 April 2026) (Appointed 15 May 2026)
Charity number (England and Wales) 1197947 Principal address 12 Moore Avenue Blackburn BB1 8FL Accountants Xeinadin Ground Floor, Citygate Longridge Road Preston PR2 5BQ
VESMA EDUCAITON TRUST
CONTENTS
| Page | |
|---|---|
| Report Of The Trustees report | 1 - 3 |
| Accountants' report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 9 |
VESMA EDUCAITON TRUST
REPORT OF THE TRUSTEES REPORT FOR THE YEAR ENDED 30 NOVEMBER 2025
The Trustees present their annual report and financial statements for the year ended 30 November 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the 's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".
Objectives and activities
The objectives/purposes of the charity are:
(1) To increase access and advancement of education for pupils at Maulana Abul Kalam Azad girls’ high school and mixed primary school, based in Vesma, Gujarat, India, by providing and assisting in the provision of facilities [not required to be provided by the local education authority] for education at the school.
(2) To advance such charitable purposes (according to the law of England and Wales) as the trustees see fit from time to time.
Public benefit
The trustees have had regard to the Charity Commissions guidance on public benefit when planning all events and determining how best to utilise funds raised.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Activities
The main activities of the charity in relation to this are to raise awareness of disadvantaged children access to education, fundraise and collect donations from the public including centres and businesses, and to utilise these funds to support and advance children’s access to education (where not already being provided or possible).
The trustee’s work with the disadvantaged children and their parents/guardians in assessing and enabling this access via the school of concern. Funds are provided to the school of concern upon requests where sufficient funds are not already available to either party in support and are used to help facilitate the access and resource of various aspects such as, teaching support, travel, uniform, workbooks, stationary, textbooks, exams, and equipment.
The trustee’s also work with the school of concern on an advisory basis where required as well as able to provide funds on successful application (where followed by the charities policy) to enable strategic or structural improvement whilst maintaining or improving the safety of school and the aim of ensuring and enhancing the facilities and equipment utilised or increasing the capacity of disadvantaged student’s intake.
Grant making policy
The charity can provide grant funding to eligible students and/or schools who are also charitable registered, should grant applications be received and approved in accordance with the charity’s grant policy and the charity’s objective for the public benefit. No grant applications had been received prior to the start of this annual year.
Applications for funding support (in relation to funding eligible students being of poor and/or orphans with education access and facilities) were received in accordance with the charity’s policies and advice, with one being successful for this financial year.
Volunteers
Trustees are all volunteers (who receive no remuneration) as well as other people who help fundraise and collect funds on behalf of the charity in a professional manner. The charity could not function without the time and dedication of the volunteers, and we are extremely grateful for all the time and effort provided in their support.
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VESMA EDUCAITON TRUST
REPORT OF THE TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025
Achievements and performance
Significant activities and achievements against objectives
Main achievements:
To date, the charity has been successful in raising funds through the help of the trustee’s, the volunteer’s and most importantly the donors which came from several people and establishments. However, as the charity school in support has required less financial support over previous years, the amount on funding raised has been extremely limited with financial reserves already available should they be required.
Due to the previous year barriers, this period the charity has managed to focus more purely on several areas of support (including consultation and financial) while ensuring the correct procedures were followed by eligible schools and students regarding funding. Templates of applications and the strategy of any policies and support provided was also successfully reviewed at every opportunity, with full feedback and any changes required consistently provided.
Achievements against objectives:
No formal fundraising targets were set for any period although the charity is humbly grateful and proud with the amount raised once again. Trustees are striving to increase the amounts raised and thus increase the amount of support provided to those eligible from within the charity.
To further carry out these purposes during this financial year, with the support of the public and business donations, the charity was able to partially support (funding, policy and advisory) over 300 eligible students with access to education (where immediately required) by means of providing equipment and facilities including, bus travel to and from the school, teaching, books, stationery, and examinations.
The full objectives of the charity can be confirmed as being successfully achieved in this financial year (third year) with more optimism of further progress being made on this in the following year. With the circumstances (banking and pandemic resolutions) from previous year and before, it has allowed the charity’s objectives to progress at a steady rate while enabling and refining the procedures to all parties, allowing for a smoother and more affective operation in the year to come.
Financial review
The trustees are grateful and very satisfied with the charity’s funds raised within its fourth year of official registration including the financial position at the year end. With the donations received and a newly (sole account from this year) bank account running smoothly reflecting the official registration, the trustees look forward to raising funds while now being able also to support those eligible with advice and funding support going forward even further in the future.
Reserves policy
The charity’s activities expose it primarily to the financial risks of changes to costs in funding such as grants and donations as well as changes in foreign currency exchange rates.
The charity aims to hold as unrestricted reserve sufficient funds to provide for at least one year of core supporting operation to those eligible. This will enable that all approved activity can be completed, allow all eligible receivers sufficient notice to plan and prepare for another avenue as well as allow any reports published for public benefit ahead of any required winding up process.
The charity does hold any committed expenses and so any reserve held with have a lower threshold. For this financial year the trustees have determined this figure should be at £24,000 with this to be reviewed on an annual basis.
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VESMA EDUCAITON TRUST
REPORT OF THE TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025
Funding sources:
Funds are raised with the help of the trustee’s and volunteers within the England from the public as well as through the charity’s website. Funds were also raised and received by local businesses. Funds were donated as one off within or donated on a rolling basis.
Structure, governance and management
Vesma education trust is registered with the charity commission as a CIO (charitable incorporated organisation) and is governed by the charity’s constitution.
The Trustees who served during the year and up to the date of signature of the financial statements were: Arsad Patel Aatif Patel (Resigned 15 June 2026) Mohamed Aiyub Patel (Resigned 15 April 2026) Azhar Suleiman Patel (Appointed 1 April 2026) Ammar Patel (Appointed 15 May 2026)
Recruitment and appointment of trustees
The existing trustees are responsible for the recruitment of any further trustees after consultation with decisions settled by a properly convened meeting of the trustees. Currently there has been no change in trustees. A minimum of three trustees is required which is currently held. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees or appoint a new charity trustee.
Organisational structure
The charity trustee’s hold positions of chair, treasurer, and secretary. These positions are decided annually at the annual general meeting.
Induction and training of trustees
The charity trustees will make available to each new charity trustee, on or before his or her first appointment, a copy of the current version of this constitution and a copy of the CIO’s latest Trustees’ Annual Report and statement of accounts.
The Report of the Trustees report was approved by the Board of Trustees.
Arsad Patel
Trustee
30 July 2026
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VESMA EDUCAITON TRUST
CHARTERED ACCOUNTANTS' REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF VESMA EDUCAITON TRUST FOR THE YEAR ENDED 30 NOVEMBER 2025
In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the financial statements of Vesma Educaiton Trust for the year ended 30 November 2025, which comprise the statement of financial activities and the related notes from the charity’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made to the charity's Trustees, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Vesma Educaiton Trust and state those matters that we have agreed to state to the charity's Trustees, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vesma Educaiton Trust and the charity's Trustees as a body, for our work or for this report.
It is your duty to ensure that Vesma Educaiton Trust has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and deficit of Vesma Educaiton Trust. You consider that Vesma Educaiton Trust is exempt from the statutory audit requirement for the year, and is not required to obtain an independent examiner's report.
We have not been instructed to carry out an audit or a review of the financial statements of Vesma Educaiton Trust. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Xeinadin
Ground Floor, Citygate Longridge Road Preston PR2 5BQ 30 July 2026
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VESMA EDUCAITON TRUST
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 NOVEMBER 2025
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| Notes | £ | £ | |
| Income from: | |||
| Donations and legacies | 2 | (14,712) | 21,450 |
| Total income | (14,712) | 21,450 | |
| Expenditure on: | |||
| Charitable activities | 3 | 9,765 | 8,799 |
| Total expenditure | 9,765 | 8,799 | |
| Net income/(expenditure) and movement in funds | (24,477) | 12,651 | |
| Reconciliation of funds: | |||
| Fund balances at 1 December 2024 | 55,280 | 42,629 | |
| Fund balances at 30 November 2025 | 30,803 | 55,280 |
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VESMA EDUCAITON TRUST
BALANCE SHEET
AS AT 30 NOVEMBER 2025
| Notes Current assets Cash at bank and in hand Creditors: amounts falling due within one year 7 Net current assets The funds of the Unrestricted funds 8 |
2025 £ 31,583 (780) |
£ 30,803 30,803 30,803 |
2024 £ 56,060 (780) |
£ 55,280 |
|---|---|---|---|---|
| 55,280 | ||||
| 55,280 |
The financial statements were approved by the Trustees on 30 July 2026
Arsad Patel Trustee
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VESMA EDUCAITON TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
1 Accounting policies
Charity information
Vesma education trust is registered with the charity commission as a CIO (charitable incorporated organisation) and is governed by the charity’s constitution.
1.1 Basis of preparation
The financial statements have been prepared in accordance with the 's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The is a Public Benefit Entity as defined by FRS 102.
The has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements are prepared in sterling, which is the functional currency of the . Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
1.4 Income
Income is recognised when the is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
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VESMA EDUCAITON TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025
1 Accounting policies
(Continued)
1.6 Taxation
The charity is exempt from corporation tax on its charitable activities.
2 Income from donations and legacies
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Donations and gifts | (14,712) | 21,450 | |
| 3 | Expenditure on charitable activities |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Direct costs | |||
| Donations to institution | 8,846 | 8,004 | |
| Share of support and governance costs (see note 4) | |||
| Support | 919 | 795 | |
| 9,765 | 8,799 | ||
| Analysis by fund | |||
| Unrestricted funds | 9,765 | 8,799 | |
| 4 | Support costs allocated to activities | ||
| Unrestricted | Total | ||
| funds | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Bank charges | 19 | 15 | |
| Governance | 900 | 780 | |
| 2025 | 2024 | ||
| Governance costs comprise: | £ | £ | |
| Accountancy | 900 | 780 | |
| 900 | 780 |
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VESMA EDUCAITON TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2025
5 Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the during the year.
6 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
7 Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Accruals and deferred income | 780 | 780 |
8 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 | Incoming | Resources | At 30 | |
|---|---|---|---|---|
| December | resources | expended | November | |
| 2024 | 2025 | |||
| £ | £ | £ | £ | |
| General funds | 55,280 | (14,712) | (9,765) | 30,803 |
| Previous year: | At 1 | Incoming | Resources | At 30 |
| December | resources | expended | November | |
| 2023 | 2024 | |||
| £ | £ | £ | £ | |
| General funds | 42,629 | 21,450 | (8,799) | 55,280 |
9 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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