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2024-05-31-accounts

Company Registered number 13374738 Charity number 1201698

TALIMUL QURAN UK

Report and Accounts

31 May 2024

TALIMUL QURAN UK Registered number: 13374738 Directors' Report

The directors present their report and accounts for the year ended 31 May 2024.

Directors/Trustees

The following persons served as directors during the year:

Hafiz Khabir Ahmed Asad Ahmed Md Muzibur Rahman

Director/trustees' responsibilities

The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.

Company law requires the directors to prepare accounts for each financial year. Under that law the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 24 February 2025 and signed on its behalf.

Hafiz Khabir Ahmed Director/Trustee

Asad Ahmed Director/Trustee

1

TALIMUL QURAN UK Accountants' Report

Accountants' report to the directors of TALIMUL QURAN UK

You consider that the company is exempt from an audit for the year ended 31 May 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

Capstone Accounants Accountants Unit G.05 93 - 101 Greenfield Road London E1 1EJ

24 February 2025

2

TALIMUL QURAN UK Income and Expenditure Account for the year ended 31 May 2024

Incoming Resources
Donations
Resource expended
Event and activities
Administrative expenses
Surplus for the financial year
2024
£
74,970
(14,683)
(53,909)
6,378
2023
£
79,538
(10,080)
(45,136)
24,322

3

TALIMUL QURAN UK Registered number: 13374738 Balance Sheet as at 31 May 2024

Notes
Current assets
Cash at bank and in hand
Creditors: amounts falling due
within one year
3
Net current assets
Creditors: amounts falling due
after more than one year
4
Net assets
Funds
Restricted funds
Total funds
2024
£
47,616
47,616
(705)
46,911
(1,166)
45,745
45,745
45,745
2023
£
41,034
41,034
(501)
40,533
(1,166)
39,367
39,367
39,367

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Hafiz Khabir Ahmed Director/Trustee Approved by the board on 24 February 2025

Asad Ahmed Director/Trustee

4

TALIMUL QURAN UK Statement of Changes in Equity for the year ended 31 May 2024

At 1 June 2022
Profit for the financial year
Gain on revaluation of land and
buildings
Deferred taxation arising on the
revaluation of land and buildings
Other comprehensive income for the
financial year
Total comprehensive income for the
financial year
Dividends
Shares issued
Shares redeemed
At 31 May 2023
Correction of prior year errors
Effect of retrospective changes in
accounting policies
At 31 May 2023 as restated
At 1 June 2023
Profit for the financial year
Gain on revaluation of land and
buildings
Deferred taxation arising on the
revaluation of land and buildings
Other comprehensive income for the
financial year
Total comprehensive income for the
financial year
Dividends
Shares issued
Shares redeemed
At 31 May 2024
Share
capital
£
-
-
-
-
-
-
-
-
-
-
-
-
-
Share
premium
£
-
-
-
-
-
-
-
-
-
-
-
Re-
valuation
reserve
£
-
-
-
-
-
-
-
-
-
-
-
-
-
Profit
and loss
account
£
15,045
24,322
-
24,322
-
39,367
-
-
39,367
39,367
6,378
-
6,378
-
45,745
Total
£
15,045
24,322
-
-
-
24,322
-
-
-
39,367
-
-
39,367
39,367
6,378
-
-
-
6,378
-
-
-
45,745

5

TALIMUL QURAN UK Notes to the Accounts for the year ended 31 May 2024

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2
Employees
Average number of persons employed by the company
3
Creditors: amounts falling due within one year
Taxation and social security costs
Accrual
4
Creditors: amounts falling due after one year
Other creditors ( Karje Hasana)
2024
Number
2
2024
£
45
660
705
2024
£
1,166
1,166
2023
Number
1
2023
£
-
501
501
2023
£
1,166
1,166

6

TALIMUL QURAN UK Detailed Income & Expenditure Account for the year ended 31 May 2024

This schedule does not form part of the statutory accounts

Incoming Resources
Donation
Resource expended
Events and activity
Administrative expenses
Employee costs:
Wages and salaries
Volunteer expenses
Premises costs:
Rent
Light and heat
Cleaning
Water bill
General administrative expenses:
Stationery and printing
Bank charges
Insurance
Repairs and maintenance
Legal and professional costs:
Accountancy fees
Other legal and professional
2024
£
74,970
74,970
14,683
14,683
14,310
8,263
22,573
25,000
3,502
247
511
29,260
-
202
586
638
1,426
650
-
650
53,909
2023
£
79,538
79,538
10,080
10,080
2,762
9,320
12,082
25,000
4,545
-
198
29,743
410
220
1,381
-
2,011
500
800
1,300
45,136

7