2024-04-05-accounts

Trustees’ Annual Report for the period

From June 2023 (Period start date) To April 2024 (Period end date)

Charity name: Turning Southeast

Charity registration number: 1203545

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To advance, support and promote the study and understanding of the Sunni Islamic faith and its intellectual traditions in accordance with its major theological schools, so as to bring it into conversation with the circumstances of modernity with the aim of fostering and developing religious and societal tolerance and understanding, through: 1. Awarding scholarships, mentorships, maintenance allowances or grants tenable at any university, college, institution of higher or further education, or in a manner achieving such a goal. 2. Providing education (including but not limited to the study of philosophy and other disciplines within the humanities) in the form of academic courses, classes and mentorship. 3. Providing fellowships for the purpose of academic research. 4. Facilitating the attendance of conferences, seminars, colloquia, and other associated academic activities.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	The charity has achieved a number of its goals in this period. It initiated four recurring academic grants for exceptional individuals at the higher education level (three internationally, and one locally). It also received a number of individual donations amountingto a figure that can

		support these four grants and beyond. The charity has begun to create an online profile through a website and is giving consideration to expanding its social media presence to attract wider support.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Through the charityʼs funding in this period of time four exceptional individuals were able to embark on a higher education journey that they otherwise would not have been able to enjoy, one of whom is reading for a PhD at the University of Cambridge. These candidates were assessed for their academic merit, and for the social benefit that their research is expected to bring in the communities they serve. It is hoped that through their work, their societies will experience a greater degree of cohesion and mutual understanding, this being the result of the proliferation of knowledge in general.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	The charity never commits to providing a continual financial grant to an individual unless it knows with absolute certainty that it can fulfil the grant. So for instance, if a student undertakes a PhD, the full cost of tuition is noted and a grant is only ofered if the charity already has this figure in its accounts. If it does not, a grant will not be ofered. When the grant is ofered that money is ringfenced for the applicant in question and cannot be used for any other purpose. This is to ensure that grant recipients are not lef out of pocket

mid-way through their academic journeys. Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The charity is pleased to report that it has enjoyed a smooth experience in identifying exceptional academic individuals, and hopes to develop its outreach so as to identify as many of these individuals as possible. It has also enjoyed considerable success in fundraising through local communities thus far, though it recognises the need to expand and professionalise the fundraising efort. Challenges have included holding a stable trustee board, and operating the charity with limited personnel. The charity is going through the early learning experience of recognising best practice procedures, and ideal resources for the further professionalisation of the body. This efort has been continuous and the charity is pleased to say that it is growing efectively on a monthly basis.

Additional information (optional) You may choose to include further statements where relevant about:

	Achievements against	Para 1.41
	objectives set
	Performance of fundraising
	activities against objectives	Para 1.41
	set
	Investment performance	Para 1.41
	against objectives
	Other

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	The charity has received a gross total of £119,373.27 in donation revenue and spent £28,854.60 in this period, leaving a net total of £90,518.67. This is well above the charityʼs first year expectation, and the wish of the charity is to expend more of its revenue when more grant opportunities are identified.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The charity never commits to providing a continual financial grant to an individual unless it knows with absolute certainty that it can fulfil the grant. So for instance, if a student undertakes a PhD, the full cost of tuition is noted and a grant is only ofered if the charity already has this figure in its accounts. If it does not, a grant will not be ofered. When the grant is ofered that money is ringfenced for the applicant in question and cannot be used for any other purpose. This is to ensure that grant recipients are not lef out of pocket mid-way through their academic journeys.
Amount of reservesheld	Para 1.22	None at the end ofthis period.
Reasons for holding zero reserves	Para 1.22	The amount of revenue held by the charity far outweighs its expected costs at the end of this period.
Details of fund materially in deficit	Para 1.24	None.
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	None.

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including Para 1.47 any fundraising)

	Investment policy and objectives including any	Para 1.46
	social investment policy
	adopted
	A description of the principal	Para 1.46
	risks facing the charity
	Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	CIO Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	New trustees are nominated by the existing board and are elected by a majority vote of the trustees.
Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Turning Southeast
Other name the charity uses
Registered charity number	1203545
Charity’s principal address	10 Greenacres Drive, London, HA7 3QJ

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year Name of person (or body) entitled to appoint trustee (if any)
	Sheharyar Hasan		June 2023–June 2024
	Dr. Younus Saleem		June 2023–Present
	Zaheer Hanif		June 2023–June 2024
	Dr. Saad Ismail		June 2024–Present

– Corporate trustees names of the directors at the date the report was approved

Director name None

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
None

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	None
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	None
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	None

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)	Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Signature(s)
Ismail
Full name(s) Saad
Position (eg Secretary, Chair
Chair, etc)
Date
February 04 2025
----- End of picture text -----

TURNING SOUTH EAST

FINANCIAL STATEMENTS FOR PERIOD ENDED

05 APRIL 2024

Registered number: 1203545

TURNING SOUTH EAST

FINANCIAL STATEMENTS

for the Period ended 05[th] April 2024

CONTENTS

	Page
Charity information	1
Trustees report	2-3
Statement of financial activities	4
Balance sheet	5
Notes	6-7
Independent Examiners Report	8

Page 1

TURNING SOUTHEAST

CHARITY INFORMATION FOR THE PERIOD ENDED 05[TH] APRIL 2024

CHARITY NUMBER	1203545
TRUSTEES	Dr Saad Ismail- Appointed 30 May 2024
	Dr Younus Saleem- Appointed 14 June 2023
ADDRESS	10 Green Acres Drive
	Stanmore
	Middlesex
	HA7 3QJ
BANKERS	Lloyds Bank Plc
	25 Gresham Street
	London
	EC2V 7HN

Page 2

TURNING SOUTHEAST

TRUSTEES' REPORT

05[TH] APRIL 2024

The trustees are pleased to present their report, together with the independently examined financial statements of the charity for the year ended 31 March 2024.

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 (effective 1 January 2015) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Companies Act 2006 and the Charity's memorandum and articles of association .

Objectives and activities

The objectives of the charity is to advance, support and promote the study and understanding of the Sunni Islamic faith and its intellectual traditions in accordance with its major theological schools, so as to bring it into conversation with the circumstances of modernity with the aim of fostering and developing religious and societal tolerance and understanding, through:

• Awarding scholarships, mentorships, maintenance allowances or grants tenable at any university, college, institution of higher or further education, or in a manner achieving such a goal.

• Providing education (including but not limited to the study of philosophy and other disciplines within the humanities) in the form of academic courses, classes and mentorship.

• Providing fellowships for the purpose of academic research.

• Facilitating the attendance of conferences, seminars, colloquia, and other associated academic activities.

Achievements and performance

The charity has achieved a number of its goals in this period. It initiated four recurring academic grants for exceptional individuals at the higher education level (three internationally, and one locally). It also received a number of individual donations amounting to a figure that can support these four grants and beyond. The charity has begun to create an online profile through a website and is giving consideration to expanding its social media presence to attract wider support.

The charity is pleased to report that it has enjoyed a smooth experience in identifying exceptional academic individuals, and hopes to develop its outreach so as to identify as many of these individuals as possible. It has also enjoyed considerable success in fundraising through local communities thus far, though it recognises the need to expand and professionalise the fundraising eff ort. Challenges have included holding a stable trustee board, and operating the charity with limited personnel. The charity is going through the early learning experience of recognising best practice procedures, and ideal resources for the further professionalisation of the body. This eff ort has been continuous and the charity is pleased to say that it is growing eff ectively on a monthly basis.

Public Benefit

Through the charity’s funding in this period of time four exceptional individuals were able to embark on a higher education journey that they otherwise would not have been able to enjoy, one of whom is reading for a PhD at the University of Cambridge. These candidates were assessed for their academic merit, and for the social benefit that their research is expected to bring in the communities they serve. It is hoped that through their work, their societies will experience a greater degree of cohesion and mutual understanding, this being the result of the proliferation of knowledge in general.

Grant making

The charity never commits to providing a continual financial grant to an individual unless it knows with absolute certainty that it can fulfil the grant. So for instance, if a student undertakes a PhD, the full cost of tuition is noted and a grant is only offered if the charity already has this figure in its accounts. If it does not, a grant will not be offered. When the grant is offered that money is ringfenced for the applicant in question and cannot be used for any other purpose. This is to ensure that grant recipients are not left out of pocket mid-way through their academic journeys.

Page 3

Trustees

The trustees of the charity the year were as follows

Sheharyar Hasan – Appointed 14 June 2023; resigned 01 June 2024 Dr Younus Saleem- Appointed 14 June 2023 Zaheer Hanif- Appointed 14 June 2023; resigned 01 June 2024 Dr. Saad Ismail- Appointed June 2024

Financial review

The charity received donations and gifts during the period totalling £119,373 the total income for the charity for the financial period was £119,373.

Expenditure for the period totalled £30,355 including £28,855 of charitable activities and £1,500 of governance costs, resulting in a surplus of £89,019.

The charity’s policy aims to hold no less than three months of unrestricted funding in reserve. Given a difficult economical situation, the charity currently has no reserves and any shortfalls are continuously covered by a related party until a desirable level of external funding is achieved.

The charity’s ability to develop further is dependent on its ability to develop a diverse funding base and much work is underway to build this. The Trustees are aware of the charity’s financial position at year end; the Trustees are satisfied with current financial position as at 05 April 2024 and continue to monitor it closely.

Approval

The trustees approved this report on the 05 February 2025.

Signed on behalf of the Management Committee

Dr Younus Saleem Trustee

Page 4

TURNING SOUTHEAST

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNTS

for the period ended 05[th] April 2024

		2019
	Note	£
		Unrestricted
		Fund
INCOMING RESOURCES
Donations	2	119,373
		_______
TOTAL INCOME		119,373
		═══════
RESOURCES EXPENDED
Direct Charitable Expenses
Donations Paid		28,854
Other Expenditure
Governance costs	5	1,500
		───────
Total Expenditure		30,354
		═══════
Net Surplus (Deficit)		89,019
Fund balance at 05th April 2024		-
		───────
Fund balance at 14th June 2023	6	89,019
		═══════

There were no recognised gains and losses other than those included in the income and expenditure account.

The notes on pages 5 to 6 form part of theses accounts.

Page 5

TURNING SOUTHEAST

	BALANCE SHEET	BALANCE SHEET
	at 05TH April 2024
			2019
	Note	£	£
Current assets
Cash at bank and in hand		90,519
		───────
		90,519
Accruals		1,500
Net current assets			89,019
			───────
Total assets less current liabilities			89,019
			═══════
Financed By:
Un restricted fund-General			89,019
			───────
Total trust funds	6		89,019
			═══════

The accounts were approved by the trustees on 05[th] February 2025

_____ Dr Younus Saleem Trustee

Page 6

TURNING SOUTHEAST

NOTES ON FINANCIAL STATEMENTS

05[th] April 2024

1 Accounting policies

The financial statements have been prepared in accordance with applicable accounting standards and follow the recommendations of Statement of Recommended Practice: Accounting by Charities (SORP).

a) Convention

The financial statements have been prepared under the historical cost convention.

The principal accounting policies which the trustees have adopted within that convention are set out below.

b) Depreciation

Depreciation is charged on a reduced balance basis, to write off the assets over their expected useful lives as follows.

Furniture, fittings & equipment 20%

c) Furniture, Fittings and Equipment

Acquisition of capital asset (except freehold property) Furniture, fittings and equipment will be charged to the accounts In the year of acquisition.

Old assets continued to be charged as per the old policy.

2. Income

All the donations and grants are shown as income for the period in which they are received.

Restricted funds are to be used for specific purpose and laid down by the donor.

Expenditure which meets these criteria is defined to the fund, together with a fair allocation of management and support cost.

Unrestricted funds are donation and other income received and generated for the objects of the charity without specific purpose and are available as general funds.

3 Net Income/Expenditure

3 Net Income/Expenditure
	2024
	£
Net Income/Expenditure is stated after crediting
Investment Income:
Interest receivable	-
	═══════

4 Taxation

All incoming resources is applied for charitable purposes and therefore exempt from tax.

TURNING SOUTH EAST Page 7 NOTES ON FINANCIAL STATEMENTS

	05TH April 2024
5	Governance costs
		2024
		£
	Independent Examiners fee	1,500
	Sundries	-
		───────
		1,500
		═══════
6	Surplus / Deficit During The Year	2024
		£
	Unrestricted Fund:
	As at 14 June 2023	-
	Surplus (Deficit) during the year	89,019
		───────
	Total Unrestricted fund as at 05 April 2024	89,019
		═══════
7	Employment Costs
		2024
		£
	Wages and Salaries	-
		───────
	No salary or benefits was paid to the trustees of the charity.
	Number of volunteers and staff during the period	4

8 Related Party Transactions

There were no related party transactions to report in the year.

Page 8

TURNING SOUTHEAST

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF GLOBAL HEALTH FILM INITIATIVE

I report to the Trustees on my examination of the accounts of Global Health Film (the charity) for the year ended 05[th] April 2024 which are set out on pages 4 to 7.

Respective responsibilities of trustees and examiner

The trustees (and also its directors of the company for the purposes of company law) are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 (the 2011 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 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:

1. accounting records were not kept in respect of the charity as required by the Charities Act 2011; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the accounting requirements of SORPS and Charities Act 2011 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; or

4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable the UK and Republic of Ireland (FRS 102).

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 financial statements to be reached.

……………………….. Sadikali Gulamabbas Premji (FCCA) TC Primera Spitalfields House, Stirling Way Borehamwood, WD6 2FX

Date:….…05/02/2024