Fountain Education Receipts and Paymenls Accounls for the year ended 31 March 2024 TAR Mar¢h 2012
Fountain Education Receipts and Payments Accounts for the year ended 31 March 2024
| Trustees' Annual Report | for theperiod | ||||||
| From | Period start date | To | Period end date | ||||
| 1st | April | 2023 | 31st | March | 2024 |
Section A Reference and administration details
Charity name[Fountain Education ] Other names charity is known by n/a Registered charity number (if any) 1198150 Charity's principal address 9 Leicester Road Luton Postcode LU4 8SF
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Ansar Shezad | ||||
| Dr Aftab Hussain | ||||
| Anneel Majid | ||||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
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Fountain Education Receipts and Payments Accounts for the year ended 31 March 2024
Name Dates acted if not for whole year
Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B
Structure, governance and management
Description of the charity’s trusts
Type of governing document
07 March 2022: CIO registration
- (eg. trust deed, constitution)
How the charity is constituted
CIO
- (eg. trust, association, company)
Trustee selection methods Appointment of charity trustees
(eg. appointed by, elected by) a) Apart from the first charity trustees, every trustee must be appointed [for a term of [three] years] by a resolution passed at a properly convened meeting of the charity trustees.
In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
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policies and procedures adopted for the induction and training of trustees;
-
the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
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Fountain Education Receipts and Payments Accounts for the year ended 31 March 2024
| Section C |
Objectives and activities |
|---|---|
| Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) |
|
| To advance the Islamic religion in the United Kingdom and the world for the benefit of those who are following or learning Islamic religion through arranging seminars and lectures, producing and distributing authentic literature on the teachings of Islam to enlighten others and help them to follow these teachings. |
|
| • Arranges seminars and lectures for Islamic teachings • Provides charitable donations to individuals for zakat purposes • Provides charitable donations to those in needy Charity Commission requires the trustees of a charity to: • Select suitable accounting policies, apply them consistently; • Make judgement and estimates that are reasonable and prudent; • Prepare the financial statements on the going concern basis unless there is a reason to believe that the charity will not continue for the foreseeable future. The Trustees are responsible for the keeping of proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charity Act 2011. They are also responsible for safeguarding the assets of the charity and hence to take reasonable steps for the prevention and detection of fraud and other irregularities. |
Additional details of objectives and activities (Optional information)
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Fountain Education Receipts and Payments Accounts for the year ended 31 March 2024
You may choose to include further statements, where relevant, about:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
Section D
Achievements and performance
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Fountain Education Receipts and Payments Accounts for the year ended 31 March 2024
| Section D | Achievements andperformance |
|---|---|
| Summary of the main achievements of the charity during the year |
The charity demonstrated increased success in raising and collecting donations during the year. During the year, the charity held various lectures and seminars on Islamic teachings and provided charitable donations to eligible recipients therefore making a real difference to the local community. |
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Fountain Education Receipts and Payments Accounts for the year ended 31 March 2024
Section E
Financial review
The charity maintains unrestricted funds which equates to at least Brief statement of the approximately three months unrestricted expenditure. This provides charity’s policy on reserves sufficient funds to cover management, administration and support cost. The reserves policy is assessed and monitored on a yearly basis to ascertain its suitability for the charity
Details of any funds materially in deficit
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
-
the charity’s principal sources of funds (including any fundraising);
-
how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F
Other optional information
Section G
Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Ansar Shezad Position (eg Secretary, Chair, Trustee etc) Date 09/04/2025
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Fountain Education Receipts and Payments Accounts for the ear ended 31 March 2024
Independent examiner's CHARITY COMMISSION FOR ENGLAND AND WALES report on the accounts
Independent Examiner's Report
Section A
Fountain Education Report to the trustees/ members of. ---I -----------------------�
On accounts for the year 31 [st ] March 2024 Charity no 1198150 ended (if any) I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31 / 03 / 2024. Set out on pages �1 10_-11 ___ ,
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below*) in connection with the examination which gives me cause to believe that in, any material respect:
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accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
| Signed: Name: (if any): Relevant professional qualification(s) or body Address: |
I � Date: |
|
|---|---|---|
| ~~bb I ~~a4I''.S | ||
IA�*L*TStfV |
||
| I ( \ � A .______ |
__ | |
| ~~19~~tN OU :L0' -"� Ql Se |
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Fountain Education Receipts and Payments Accounts for the year ended 31 March 2024 Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
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Fountain Education Receipts and Payments Accounts for the year ended 31 March 2024
| Charity Name | Charity Name | Charity Name | Charity Name | Charity Name | No (ifany) | No (ifany) | CC16a | ||
|---|---|---|---|---|---|---|---|---|---|
| Fountain Education | 1198150 | ||||||||
| Receipts andpayments accounts | |||||||||
| For the period from |
Period start date | To | Period end date | ||||||
| 01/04/2023 | 31/03/2024 | ||||||||
| Section A Receipts and payments | |||||||||
| Unrestricted funds |
Restricted funds |
Endowment funds |
Total funds | Last year | |||||
| to the nearest £ |
to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | |||||
| A1 Receipts | |||||||||
| Donations | 48,460 | 101,775 | - | 150,235 | 19,518 | ||||
| Fees | 1,317 | - | - | 1,317 | 12,397 | ||||
| Zakat donations | - | - | - | - | 47,252 | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total(Gross income for AR) |
49,777 | 101,775 | - | 151,552 | 79,167 | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | - | - | - | ||||||
| - | - | - | - | - | |||||
| Sub total | - | - | - | - | - | ||||
| Total receipts | 49,777 | 101,775 | - | 151,552 | 79,167 | ||||
| A3 Payments | |||||||||
| Commissions Paid | 16,508 | - | - | 16,508 | 13,120 | ||||
| Legal andprofessional | - | - | - | 400 | |||||
| Website and IT | 2,115 | - | 2,115 | 1,111 | |||||
| Payment to Individuals Zakaat Recipients |
300 | 97,232 | 97,532 | 26,739 | |||||
| Travel costs | 1,641 | - | 1,641 | 712 | |||||
| Payment to Individuals Non-Zakaat Recipients |
1,229 | - | - | 1,229 | 3,000 | ||||
| Insurance | 227 | - | - | 227 | 227 | ||||
| Printing, postage and stationery | 700 | 2,260 | - | 2,960 | 170 | ||||
| Rent and rates | 1,620 | 268 | - | 1,887 | 290 | ||||
| Bank Fees | 698 | 1,413 | - | 2,112 | 901 | ||||
| Miscellaneous | 682 | 219 | - | 900 | 50 | ||||
| Subscriptions | 161 | ||||||||
| Telephone | 82 | ||||||||
| - | - | - | - | - | |||||
| Sub total | 25,722 | 101,392 | - | 127,113 | 46,963 | ||||
| A4 Asset and investment purchases, (see table) |
|||||||||
| Equipment | 289 | - | - | 289 | 1,217 | ||||
| - | - | - | - | ||||||
| Sub total | 289 | - | - | 289 | 1,217 | ||||
| Totalpayments | 26,011 | 101,392 | - | 127,402 | 48,180 | ||||
| Net of receipts/(payments) | 23,767 | 383 | - | 24,150 | 30,987 | ||||
| A5 Transfers between funds | - | - | - | - | - | ||||
| A6 Cash funds lastyear end | 24,507 | 20,513 | - | 45,020 | 14,032 | ||||
| Cash funds thisyear end | 48,274 | 20,896 | - | 69,170 | 45,019 | ||||
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Fountain Education Receipts and Payments Accounts for the year ended 31 March 2024
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Categories | Details | Unrestricted funds |
Restricted funds |
Endowment funds |
||||||
| to nearest £ | to nearest £ | to nearest £ | ||||||||
| B1 Cash funds | Bank | 48,274 | 20,896 | - | ||||||
| - | - | - | ||||||||
| - | - | - | ||||||||
| Total cash funds | 48,274 | 20,896 | - | |||||||
| (agree balances w ith receipts and payments account(s)) |
OK | OK | OK | |||||||
| Unrestricted funds |
Restricted funds |
Endowment funds |
||||||||
| Details | to nearest £ | to nearest £ | to nearest £ | |||||||
| B2 Other monetary assets | - | - | - | |||||||
| - | - | - | ||||||||
| - | - | - | ||||||||
| - | - | - | ||||||||
| - | - | - | ||||||||
| - | - | - | ||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
|||||||
| B3 Investment assets | - | - | ||||||||
| - | - | |||||||||
| - | - | |||||||||
| - | - | |||||||||
| - | - | |||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
|||||||
| B4 Assets retained for the charity’s own use |
Camera | - | 680 | |||||||
| Microphone | - | 289 | ||||||||
| Webcam | - | 71 | ||||||||
| Sandisk | - | 176 | ||||||||
| Equipment | - | 289 | ||||||||
| - | - | |||||||||
| - | - | |||||||||
| - | - | |||||||||
| - | - | |||||||||
| Details | Fund to which liability relates |
Amount due (optional) |
When due (optional) |
|||||||
| B5 Liabilities | - | |||||||||
| - | ||||||||||
| - | ||||||||||
| - | ||||||||||
| - | ||||||||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | Date of approval |
|||||||
| Ansar Shezad | 09/04/2025 | |||||||||
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