CHARITY REGISTERED NUMBER:1202195
MADINATUL ULOOM EDUCATION AND WELFARE TRUST
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
ABU & ABU
CHARTERED CERTIFIED ACCOUNTANTS ABU NOWSHED CENTRE 71 WORDSWORTH ROAD SMALL HEATH, BIRMINGHAM B10 0ED WEST MIDLANDS
MADINATUL ULOOM EDUCATION AND WELFARE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Registered Charity Number: 1202195 Trustees: Moulana Syed Sultan Mahmud Hafiz Monsur Ahmed Raza Syeda Alima Shahin Ali Registered Office: 27 Hanover Close Birmingham B6 5ES Accountants: Abu & Abu Chartered Certified Accountants Abu Nowshed Centre 71 Wordsworth Road Small Heath, Birmingham B10 0ED West Midlands
MADINATUL ULOOM EDUCATION AND WELFARE TRUST
FOR THE YEAR ENDED 31 JANUARY 2024
CONTENTS
Page Charity - Examiners report Trustees' report Balance sheet Statement of financial activities Schedule of funds Notes
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF MADINATUL ULOOM EDUCATION AND WELFARE TRUST
FOR THE YEAR ENDED 31 JANUARY 2024
I report on the accounts which are set out on pages 4 to 8
Respective responsibilities of the
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:
The trustees who are also directors of the company for the purpose of
Examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act); and state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In our opinion the financial statements:
give a true and fair view of the of the state of the company's affairs as at 31 January 2024 and of its loss for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice - Financial Reporting Standard 102; and
have been prepared in accordance with the requirements of the Companies Act 2006.
........................................ Dated:20 February 2025
Abu Nowshed, FCCA Chartered Certified Accountants Abu Nowshed Centre 71 Wordsworth Road Small Heath, Birmingham B10 0ED West Midlands
Page 1
MADINATUL ULOOM EDUCATION AND WELFARE TRUST
REPORT OF THE
FOR THE YEAR ENDED 31 JANUARY 2024
The Charities Act 2011, together with the financial statements for the year, and confirm that the latter comply with the requirements of the Act, the Trust Deed and the Charities SORP 2005.
Structure, Governance and Management
Trustee induction and training
New Trustees undergo an orientation day to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the commitee and decision making processes, the business plan and recent financial performance of the charity. During the induction day they meet key employees and other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
Organisation
A board of trustees of up to 3 members, who meet quarterly, administers the charity.
Risk policy
The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
Objectives and activities
The principal activity of the company continues to be that of humanitarian overseas charity.
Achievements and performance
Continue with Humanitarian assistance in Bangladesh.
Financial review Plans for future periods
Continue with charitable activities overseas.
Page 2
MADINATUL ULOOM EDUCATION AND WELFARE TRUST
REPORT OF THE (Continued)
FOR THE YEAR ENDED 31 JANUARY 2024
Accounting and reporting responsibilities
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP 2019 (FRS102); make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been
followed,subject to any material departures disclosed and explained in
the financial statements; prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees on 20 February 2025 signed on its behalf by:
..................................................... Moulana Syed Sultan Mahmud Trustee
Page 3
MADINATUL ULOOM EDUCATION AND WELFARE TRUST
BALANCE SHEET
AT 31 JANUARY 2024
| Note | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Current assets | |||
| Bank Accounts | 14 | ||
| –––– | |||
| 14 | |||
| Creditors | |||
| Amounts falling due within | |||
| one year | 4 | 360 | |
| –––– | |||
| Net current liabilities | (346) | ||
| –––– | |||
| Total assets less current liabilities | (346) | ||
| –––– | |||
| Net liabilities | £(346) | ||
| –––– |
|||
| Capital funds | |||
| Unrestricted funds | (346) | ||
| –––– | |||
| Total funds | £(346) | ||
| –––– |
Approved by the trustees on 20 February 2025 and signed on its behalf.
................................................... Moulana Syed Sultan Mahmud
The annexed notes form part of these financial statements.
Page 4
MADINATUL ULOOM EDUCATION AND WELFARE TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2024
Unrest'd Funds £ Incoming resources Incoming Resources from generated funds: Voluntary income 924 ––––– Total incoming resources 924 ––––– Resources expended Charitable activities 910 Governance costs 360 ––––– Total resources expended 1,270 ––––– Net movement in funds (346) ––––– Total funds carried forward £ (346) ––––– Details of Incoming resources and resources used are given in the notes to the financial statements. |
Total Funds 2024 £ 924 ––––– 924 ––––– 910 360 ––––– 1,270 ––––– (346) ––––– £ (346) ––––– |
|---|---|
Page 5
MADINATUL ULOOM EDUCATION AND WELFARE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
DETAILED ANALYSIS OF MOVEMENTS IN FUNDS
FOR THE YEAR ENDED 31 JANUARY 2024
| £ | £ | |
|---|---|---|
| General Fund | ||
| Deficit for the year | (346) | |
| –––– | ||
| (346) | ||
| –––– | ||
| Total funds at 31 January 2024 | £(346) | |
| –––– |
Page 6
MADINATUL ULOOM EDUCATION AND WELFARE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
1. Accounting policies
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below.
These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Incoming resources
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
2. Turnover
Turnover is attributable solely to continuing from private donations.
3. Staff costs
4. Creditors
Amounts falling due within one year:-
2024 £ Sundry Creditors 360 ––– £360 –––
Page 7
MADINATUL ULOOM EDUCATION AND WELFARE TRUST
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 JANUARY 2024
| 5. | Incoming resources | ||
|---|---|---|---|
| Unrest'd | Total | ||
| Funds | Funds | ||
| 2024 |
2024 | ||
| £ | £ | ||
| Voluntary Income | |||
| Donations | 924 |
924 | |
| ––– |
––– | ||
| 924 |
924 | ||
| ––– |
––– | ||
| 6. | Charitable activities | ||
| 2024 | 2024 | ||
| £ | £ | ||
| Overseas donation | 910 | ||
| –––– | |||
| 910 | |||
| –––– |
|||
| 7. | Governance costs | ||
| 2024 | 2024 | ||
| £ | £ | ||
| Accountancy & IE Report | 360 | ||
| –––– | |||
| 360 | |||
| –––– |