## **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