REGISTERED CHARITY NUMBER: 1201808
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD 2 FEBRUARY 2023 TO 29 FEBRUARY 2024
FOR
IMDAADUL MISKEEN
SKM Chartered Accountants Pegasus House 5 Winckley Court Mount Street Preston Lancashire PR1 8BU
IMDAADUL MISKEEN
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 2 FEBRUARY 2023 TO 29 FEBRUARY 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 6 |
| Detailed Statement of Financial Activities | 7 |
IMDAADUL MISKEEN
REPORT OF THE TRUSTEES FOR THE PERIOD 2 FEBRUARY 2023 TO 29 FEBRUARY 2024
The trustees present their report with the financial statements of the charity for the period 2 February 2023 to 29 February 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1201808
Principal address
24 Manor Avenue Preston PR2 8DN
Trustees
Mrs N Ahmed (appointed 2/2/23) A Ahmed (appointed 23/6/23) Y S Patel (appointed 2/2/23) I Patel (appointed 2/2/23)
Independent Examiner
SKM Chartered Accountants Pegasus House 5 Winckley Court Mount Street Preston Lancashire PR1 8BU
Approved by order of the board of trustees on 12 July 2024 and signed on its behalf by:
Y S Patel - Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF IMDAADUL MISKEEN
Independent examiner's report to the trustees of Imdaadul Miskeen
I report to the charity trustees on my examination of the accounts of Imdaadul Miskeen (the Trust) for the period 2 February 2023 to 29 February 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation 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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Shamim Mahomed
The Institute of Chartered Accountants in England and Wales
SKM Chartered Accountants
Pegasus House 5 Winckley Court Mount Street Preston Lancashire PR1 8BU
16 July 2024
Page 2
IMDAADUL MISKEEN
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 2 FEBRUARY 2023 TO 29 FEBRUARY 2024
| Unrestricted | ||
|---|---|---|
| fund | ||
| Notes | £ | |
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 126,189 | |
| EXPENDITURE ON | ||
| Charitable activities | ||
| Support Costs | 80 | |
| Provision of services | 59,402 | |
| Management | 2,400 | |
| Total | 61,882 | |
| NET INCOME | 64,307 | |
| TOTAL FUNDS CARRIED FORWARD | 64,307 |
The notes form part of these financial statements
Page 3
IMDAADUL MISKEEN
BALANCE SHEET 29 FEBRUARY 2024
| Unrestricted | ||
|---|---|---|
| fund | ||
| Notes | £ | |
| CURRENT ASSETS | ||
| Debtors | 3 | 6,898 |
| Cash at bank | 59,810 | |
| 66,708 | ||
| CREDITORS | ||
| Amounts falling due within one year | 4 | (2,401) |
| NET CURRENT ASSETS | 64,307 | |
| TOTAL ASSETS LESS CURRENT | ||
| LIABILITIES | 64,307 | |
| NET ASSETS | 64,307 | |
| FUNDS | 5 | |
| Unrestricted funds | 64,307 | |
| TOTAL FUNDS | 64,307 |
The financial statements were approved by the Board of Trustees and authorised for issue on 12 July 2024 and were signed on its behalf by:
Y S Patel - Trustee
The notes form part of these financial statements
Page 4
IMDAADUL MISKEEN
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 2 FEBRUARY 2023 TO 29 FEBRUARY 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 29 February 2024.
Trustees' expenses
There were no trustees' expenses paid for the period ended 29 February 2024.
3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
£ 6,898
Page 5
continued...
IMDAADUL MISKEEN
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 2 FEBRUARY 2023 TO 29 FEBRUARY 2024
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |
|---|---|
| Trade creditors Other creditors |
£ 1 2,400 |
| 2,401 |
5. MOVEMENT IN FUNDS
| Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 126,189 126,189 |
Net movement At in funds 29/2/24 £ £ 64,307 64,307 64,307 64,307 Resources Movement expended in funds £ £ (61,882) 64,307 (61,882) 64,307 |
Net movement At in funds 29/2/24 £ £ 64,307 64,307 64,307 64,307 Resources Movement expended in funds £ £ (61,882) 64,307 (61,882) 64,307 |
|---|---|---|---|
| 64,307 |
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the period ended 29 February 2024.
Page 6
IMDAADUL MISKEEN
£
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 2 FEBRUARY 2023 TO 29 FEBRUARY 2024
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Total incoming resources EXPENDITURE Charitable activities Project Costs Donations paid Fundraising Activities Website costs Subscriptions Support costs Finance Bank charges Governance costs Accountancy and legal fees Total resources expended Net income |
119,291 6,898 |
|---|---|
| 126,189 | |
| 126,189 52,094 5,000 1,764 400 144 |
|
| 59,402 80 2,400 |
|
| 61,882 | |
| 64,307 |
This page does not form part of the statutory financial statements
Page 7