2025-04-30-accounts - Khadijatul Kubra Trust

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KHADIJATUL KUBRA TRUST

Charity No. 1202989

Company No.

Trustees' Report and Unaudited Accounts

30 April 2025

KHADIJATUL KUBRA TRUST Contents

	Pages
Trustees' Annual Report		1
Statement of Financial Activities		2
Summary Income and Expenditure Account		3
Balance Sheet		4
Statement of Cash flows		5
Notes to the Accounts		6
Detailed Statement of Financial Activities	7 to to	15

Page 1

KHADIJATUL KUBRA TRUST Trustees Annual Report

CHARITY

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 30 April 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No.

Charity No. 1202989

Registered Office

3 Dore Road Leicester LE5 5HG

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

M.J. ABEDIN M.N. AMIN S.A. CHOWDHURY S. ISLAM M.N. KARIM

Accountants

SA ACCOUNTS PRACTICE 123 MOORLAND ROAD STOKE-ON-TRENT STAFFS ST6 1JH

OBJECTIVES AND ACTIVITIES

The purpose of the charity as set out in its governing document To advance the Islamic faith in Leicester and surrounding areas for the benefit of the public through the holding of daily prayers, encouraging social harmony, lectures, teaching in accordance with the doctrines of the Quran ( most revered ) and Sunnah ( Hadith ), production and distribution of literatures on the Islamic faith enlighten others about the Islamic principles and values.

The main activities undertaken in relation to those purposes To advance the Islamic faith in Leicester and surrounding areas for the benefit of the public through the holding of daily prayers, encouraging social harmony, lectures, teaching in accordance with the doctrines of the Quran ( most revered ) and Sunnah ( Hadith ), production and distribution of literatures on the Islamic faith enlighten others about the Islamic principles and values.

Page 2

KHADIJATUL KUBRA TRUST Trustees Annual Report

The Trustees are responsible for keeping proper accounting records that 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 Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

S.A. CHOWDHURY

Trustee 30 April 2025

Page 3

KHADIJATUL KUBRA TRUST Statement of Financial Activities for the year ended 30 April 2025

Unrestricted funds 2025 £ 91,337	Total funds 2025 £ 91,337	Total funds 2024 £ 43,673
91,337 34,991	91,337 34,991	43,673 12,102
34,991 -	34,991 -	12,102 -
56,346 -	56,346 -	31,571 -
56,346	56,346	31,571
56,346 31,571	56,346 31,571	31,571 -
87,917	87,917	31,571

Page 4

KHADIJATUL KUBRA TRUST Summary Income and Expenditure Account

for the year ended 30 April 2025

Income Gross income for the year Expenditure Total expenditure for the year Net income before tax for the year Net income for the year	2025 £ 91,337 91,337 34,991 34,991 56,346 56,346	2024 £ 43,673
		43,673
		12,102
		12,102
		31,571
		31,571

Page 5

KHADIJATUL KUBRA TRUST Balance Sheet

at 30 April 2025

at 30 April 2025
Company No. Notes 2025 £ Current assets Cash at bank and in hand 86,917 86,917 Creditors:Amount falling due within one year 7 1,000 Net current assets 87,917 Total assets less current liabilities 87,917 Net assets excluding pension asset or liability 87,917 Total net assets 87,917 The funds of the charity Restricted funds 8 Unrestricted funds 8 General funds 87,917 87,917 Reserves 8 Total funds 87,917	2024 £ 31,571
	31,571 -
	31,571 31,571
	31,571
	31,571
	31,571
	31,571
	31,571

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 30 April 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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.

Approved by the board on 30 April 2025

And signed on its behalf by:

S.A. CHOWDHURY Trustee 30 April 2025

Page 6

KHADIJATUL KUBRA TRUST Statement of Cash flows for the year ended 30 April 2025

Cash flows from operating activities Net income per Statement of Financial Activities Adjustments for: Decrease in trade and other payables Net cash provided by operating activities Net cash from investing activities Net cash from financing activities Net increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Components of cash and cash equivalents Cash and bank balances	2025 £ 56,346 (1,000) 55,346 - - 55,346 31,571 86,917 86,917 86,917	2024 £ 31,571 -
		31,571
		-

		-

		31,571
		-
		31,571

		31,571

		31,571

Page 7

KHADIJATUL KUBRA TRUST Notes to the Accounts

for the year ended 30 April 2025

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 8

KHADIJATUL KUBRA TRUST Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 9

KHADIJATUL KUBRA TRUST Notes to the Accounts

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.

Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 10

KHADIJATUL KUBRA TRUST

Notes to the Accounts

3 Statement of Financial Activities - prior year

Income and endowments from: Donations and legacies Total Expenditure on: Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds carried forward 4 Income from donations and legacies 5 Other expenditure Employee costs Motor and travel costs Premises costs General administrative costs Legal and professional costs	Unrestricted £ 91,337 91,337 Unrestricted £ 3,717 176 3,473 5,857 21,768 34,991	Unrestricted funds 2024 £ 43,673 43,673 12,102 12,102 31,571 31,571 31,571 31,571 Total 2025 £ 91,337 91,337 Total 2025 £ 3,717 176 3,473 5,857 21,768 34,991	Total funds 2024 £ 43,673
			43,673 12,102
			12,102
			31,571
			31,571
			31,571
			31,571
			Total 2024 £ 43,673
			43,673
			Total 2024 £ - - 1,702 400 10,000
			12,102

Page 11

KHADIJATUL KUBRA TRUST

Notes to the Accounts

2025 3,500 3,500 2025 £ (1,000) (1,000) Incoming resources (including other gains/losses ) £ 91,337 91,337 At 1 May 2024 £	Resources expended £ (34,991) (34,991) Unrestricted funds £ 87,917 87,917 Cash flows £	2024 -
		-
		2024 £ -
		-
		At 30 April 2025 £ 87,917
		87,917
		Total £ 87,917
		87,917
		At 30 April 2025 £
31,571	55,346	86,917
31,571 31,571	55,346 55,346	86,917
		86,917

11 Related party disclosures Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 12

KHADIJATUL KUBRA TRUST Detailed Statement of Financial Activities

for the year ended 30 April 2025

Income and endowments from: Donations and legacies Total income and endowments Expenditure on: Employee costs Salaries/wages Staff training Motor and travel costs Travel and subsistence Premises costs Rates Light, heat and power Premises cleaning Premises repairs and maintenance General administrative costs, including depreciation and amortisation Bank charges Equipment expensed Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband Legal and professional costs Management charges Other legal and professional costs Total of expenditure of other costs Total expenditure Net gains on investments	Unrestricted funds 2025 £ 91,337 91,337 91,337 3,500 217 3,717 176 176 106 3,096 261 10 3,473 121 1,767 2,717 430 585 227 10 5,857 24 21,744 21,768 34,991 34,991 -	Total funds 2025 £ 91,337 91,337 91,337 3,500 217 3,717 176 176 106 3,096 261 10 3,473 121 1,767 2,717 430 585 227 10 5,857 24 21,744 21,768 34,991 34,991 -	Total funds 2024 £ 43,673
			43,673
			43,673 - -
			-
			-
			-
			- 1,702 - -
			1,702
			38 - 316 - - 46 -
			400
			- 10,000
			10,000

			12,102
			12,102 -

Page 13

KHADIJATUL KUBRA TRUST Detailed Statement of Financial Activities

Net income Net income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	56,346 56,346 - 56,346 31,571 87,917	56,346 56,346 - 56,346 31,571 87,917	31,571
			31,571 -
			31,571
			-
			31,571

Page 14