OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-03-05-accounts

Charity number: 1203019

Haji Zahoor Trust

Report of the Trustees and Unaudited Financial Statements

For the year ended 05 March 2024

Haji Zahoor Trust Contents Page For the year ended 05 March 2024

Report of the Trustees 1
Independent Examiner's Report to the Trustees 2
Statement of Financial Activities 3
Statement of Financial Position 4
Notes to the Financial Statements 5 to 8
Detailed Statement of Financial Activities 9

Haji Zahoor Trust Report of the Trustees For the year ended 05 March 2024

The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 05 March 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 the Republic of Ireland (FRS 102) (effective 1 January 2019)

OBJECTIVES AND ACTIVITIES Objectives and aims

The Trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity Haji Zahoor Trust Charity registration number 1203019 Principal address 5 Wenman Street Balsall Heath Birmingham B12 9SP

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Shamim Hamid Sabina Zafar Maryam Azhar

Independent examiners

Approved by the Board of Trustees and signed on its behalf by

….................................................. 14-Nov-24 Shamim Hamid

1 of 9

Haji Zahoor Trust Independent Examiners Report to the Trustees For the year ended 05 March 2024

I report to the trustees on my examination of the accounts of the charity for the year ended 05 March 2024.

Responsibilities and basis of report

As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) ofthe Act.

Independent examiners statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. 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.

…........................................................................

Amanah Accountants Ltd (Practising Member of ACCA)

56 Green Lane

Small Heath Birmingham B9 5DB

14-Nov-24

2 of 9

Haji Zahoor Trust Statement of Financial Activities For the year ended 05 March 2024

Notes
Income and endowments from:
Donations and legacies
2
Charitable activities
3
Investments
4
Total
Expenditure on:
Direct Charitable Expenditure
5
Total
Net income
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Unrestricted
funds
£
106447
0
0
106447
(90,568)
(90,568)
15,879
(350)
15,529
2023
£
0
0
0
0
0
0
0
0

3 of 9

Haji Zahoor Trust Statement of Financial Position

As at 05 March 2024

Notes
Fixed assets
Tangible assets
8
Current assets
Stocks
9
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within one year
11
Net current assets
Total assets less current liabilities
Net assets
The funds of the charity
Unrestricted income funds
Total funds
2024
£
0
0
0
0
15879
15879
(350)
15,529
15,529
15,529
15,529
15,529
2023
£
0
0
0
0
0
0
0
0
0
0
0

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

…............................................................................

Shamim Hamid Trustee 14-Nov-24

4 of 9

Haji Zahoor Trust Notes to the Financial Statements For the year ended 05 March 2024

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011.

Haji Zahoor Trust meets the definition of a public benefit entity under FRS 102.Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

2. Income from donations and legacies

Unrestricted funds
Donations received
Gifts in kind
3. Income from charitable activities
Unrestricted funds
Educational activities
Books and material sales
4. Investment income
Unrestricted funds
Other investment income
2024
£
106447
-
106447
2024
£
0
2024
£
0
0
2023
£
0
0
0
2023
£
0
2023
£
0
0

5 of 9

Haji Zahoor Trust Notes to the Financial Statements Continued For the year ended 05 March 2024

5. Costs of charitable activities by fund type

Unrestricted funds
Educational activities
Support costs
6. Analysis of support costs
Educational activities
Direct Charitble Expenditure
Governance costs
7. Net income/(expenditure) for the year
This is stated after charging/(crediting):
Depreciation of owned fixed assets
Accountancy fees
2024
£
90568
90568
2024
£
90,218
350
90568
2024
£
0
350
2023
£
0
2023
£
0
2023
£

6 of 9

Haji Zahoor Trust Notes to the Financial Statements Continued For the year ended 05 March 2024

8. Tangible fixed assets

Land and
Cost or valuation
Buildings
£
At 10 May 2023
At 05 March 2024
0
Depreciation
At 10 May 2023
Charge for year
At 05 March 2024
0
Net book values
At 05 March 2024
0
At 09 May 2023
0
9. Stocks and work in progress
Stocks of raw materials
10. Debtors
Amounts due within one year:
Other debtors
11. Creditors: amounts falling due within one year
Trade creditors
Accruals and deferred income
Fixtures and
Computer
Fittings
Equipment
£
£
0
0
-
0
0
-
0
-
0
2024
£
0
2024
£
0
2024
£
-
350
350
Total
£
0
0
0
0
0
0
0
2023
£
0
2023
£
0
2023
£
-
0

7 of 9

Haji Zahoor Trust Notes to the Financial Statements Continued For the year ended 05 March 2024

13. Analysis of net assets between funds
Tangible Net current Net Assets
fixed assets assets /
(liabilities)
£ £ £
Unrestricted funds
General
General 0 15,529 15,529
0 15,529 15,529
Previous year Tangible Net current Net Assets
fixed assets assets /
(liabilities)
Unrestricted funds £ £ £
General
General 0 0 0
0 0 0

8 of 9

Haji Zahoor Trust Detailed Statement of Financial Activities For the year ended 05 March 2024

INCOME AND ENDOWMENT
Donations and legacies
Donations
Gifts In Kind
Charitable activities
Investments
Total incoming resources
EXPENDITURE
Direct Charitable Expenditure
SUPPORT COSTS
Admin & Management
Depreciation - Owned Assets
Insurance Expense
Telephone & Internet
Water Charges
Payment Processing Charges
Light & Heat
Computer & It Exp
Postage & Stamps
Stationery
Professional Service Charges
Bank Charges
Repairs & Maintenance
Advertisement
Governance costs
Accountancy Fees
Total resources expended
Net Income
2024
£
106447
-
106447
0
0
106447
(90,218)
(90,218)
0
(350)
(350)
(90,568)
15,879
2023
£
0
0
0
0
0
-
0
0
0

9 of 9

This page does not form part of the statutory financial statements