Charity number 1198539 ## TAHIR ACADEMY TRUST Report and Accounts 2 April 2024 ## **TAHIR ACADEMY TRUST Report and accounts Contents** ||**Page**| |---|---| |Charity Information|1| |Trustee's/Chairperson's report|2| |Accountants' report|3| |Receipts and Payments Account|4| |Statement of Assets and Liabilities|5| ## **TAHIR ACADEMY TRUST Charity Information** ## **Chair & Trustees** SAYFUR RAHMAN (Chairperson) Mahfuj Ahmed (Trustee) Md Masud Ahmed (Trustee) ## **Accountants** Hamlet Accountants Chartered Certified Accountants 266 - 268 Bethnal Green Road London E2 0AG ## **Registered office** 79B Brimsdown Avenue Enfield EN3 5EP **Charity Registered number** 1198539 1 ## **TAHIR ACADEMY TRUST Charity number 1198539 Trustee's & Chairperson's Report** The board of trustee's/Chairperson have pleasure in submitting report together with the financial statements for the year ended 02 April 2024. ## **Trustee's/Chairperson's** The following persons served as Trustee's/Chairperson during the year: SAYFUR RAHMAN (Chairperson) Mahfuj Ahmed (Trustee) Md Masud Ahmed (Trustee) ## **Aims and Objective:** - To provide advance education for the public benefit by providing education in both mainstream and islamic subjects as a means of helping young people to advance in life by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible citizens. - To provide weekend tuition. - Foster better community relations through dialogue and arranging events. - Jumuah Salaah services to the local people. ## **Statement of Trustee's Responsibility:** - The Trustees require to prepare financial statements for each financial year that gives a true and fair view of the state of affairs of the charity and of the incoming resources expended, including net income of the charity for the year. In preparing those financial statements, the Trustee's are required to - Select suitable accounting policies and then apply them consistently. - Make judgements and estimates that are reasonable and prudent. - State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements. - Prepare financial statement as on ongoing basis. SAYFUR RAHMAN Chairperson and Trustee Md Masud Ahmed (Trustee) Mahfuj Ahmed (Trustee) 2 ## **TAHIR ACADEMY TRUST Accountants' Report** ## **Accountants' report to the Chairperson of TAHIR ACADEMY TRUST** You have approved the financial information for the year ended 02 April 2024 and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation. We have prepared for your approval the financial information of the TAHIR ACADEMY TRUST for the year ended 02 April 2024 which comprises the Receipts and Payments Account and the Statement of Financial activities from the entity’s accounting records and from information and explanation and explanations you have given us. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the addressee of this report for our work or for this report. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Hamlet Accountants 266 - 268 Bethnal Green Road London E2 0AG 7 November 2024 3 ## **TAHIR ACADEMY TRUST Receipts and Payments Account for the year ended 2 April 2024** |**Receipts**
Income - Maktab fees
Donations
**Total Incoming Resources**
Wages and salaries/staff hire
Rent/Hall Hire
Equipment/materials
Sundry expenses
Advertising and PR
Accountancy fees
Other legal and professional
Insurance
**Total expenses**
**Net receipts/(payments)**
**Net movement in funds**|Unrestricted
funds
£
35,299
5,907
**41,206**
6,355
25,029
2,968
178
124
400
274
120
**(35,448)**
5,758
5,758|Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Total Funds
2024
£
35,299
5,907
**41,206**
6,355
25,029
2,968
178
124
400
274
120
**(35,448)**
5,758
5,758|Total Funds
2023
£
5,833
-
**5,833**
3,105
6,511
579
15
148
400
-
-
**(10,758)**
(4,925)
(4,925)| |---|---|---|---|---| 4 **TAHIR ACADEMY TRUST Charity number** 1198539 **Statement of Assets and Liabilities as at 2 April 2024** ||**Notes**||**2024**||**2023**| |---|---|---|---|---|---| ||||**£**||**£**| |**Current assets**|||||| |Cash at bank and in hand||1,231||75|| |**Net current assets**|||1,231||75| |**Total assets less current**|||||| |**liabilities**|||1,231||75| |**Creditors: amounts falling due**|||||| |**within one year**|||(400)||(5,000)| |**Net assets/(liabilities)**|||831||(4,925)| |**Funds**|||||| |Unrestricted funds|||831||(4,925)| |**Total funds**|||831||(4,925)| |During the financial period ended 02 April 2024, the charity has repaid the interest free loan of|||||| |£5,000 which they borrowed from a donor in last financial period.|||||| |**Reconciliations of funds:**|||||| |Excess of Income/(Expenses)|||||| |b/fwd|||(4,926)||| |Excess of Income/(Expenses) for|||||| |the year|||5,757||(4,925)| |**Total funds or Excess of**|||||| |**Income over/(Expenses) c/fwd**|||**831**||**(4,925)**| SAYFUR RAHMAN Chairperson & Trustee Approved by the board on 7 November 2024 5 ## **TAHIR ACADEMY TRUST Detailed Receipts and Payments Account for the year ended 2 April 2024** |**Receipts**
Income - Maktab fees
Donations
**Payments**
Employee costs:
Wages and salaries/staff hire
Premises costs:
Rent/Hall Hire
General administrative expenses:
Insurance
Equipment/materials
Sundry expenses
Legal and professional costs:
Accountancy fees
Advertising and PR
Other legal and professional|**2024**
**£**
35,299
5,907
41,206
6,355
6,355
25,029
25,029
120
2,968
178
3,266
400
124
274
798
35,448|**2023**
**£**
5,832
-
5,832
3,105
3,105
6,511
6,511
-
579
15
594
400
148
-
548
10,758| |---|---|---| 6