2025-06-05-accounts

TURNING SOUTH EAST

FINANCIAL STATEMENTS

FOR PERIOD ENDED

05 JUNE 2025

Registered number: 1203545

TURNING SOUTH EAST

FINANCIAL STATEMENTS

for the Period ended 05[th] June 2025

CONTENTS

	Page
Charity information	1
Trustees report	2-3 2–11
Statement of financial activities	4 13
Balance sheet	5 14
Notes	6-7 15
Independent Examiners Report	8 16

Page 1

TURNING SOUTHEAST

CHARITY INFORMATION FOR THE PERIOD ENDED 05[th] JUNE 2025

CHARITY NUMBER	1203545
TRUSTEES	Dr Saad Ismail
	Yasser Darr – Appointed 15 May 2025
ADDRESS	10 Green Acres Drive
	Stanmore
	Middlesex
	HA7 3QJ
BANKERS	Lloyds Bank Plc
	25 Gresham Street
	London
	EC2V 7HN

Page 2

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. The charity was fortunate to receive approximately £130,000 of donations in this period. On top of the £90,000 already in its accounts this raised the total to a healthy £133,184 worth £89,019

Page 3

		figure. The charity expended around £100,000 of this income in this period. The majority of its expenses went towards sustaining the grants of the previous year, as well as initiating some new grants for the purposes of tuition and hardship relief. Some smaller expenses were made also for the purchase of equipment, administration, etc. £106,165 The net surplus by the end of the period therefore amounted to £116,038.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees have given due consideration to the concept of public benefit as outlined by the Charity Commission. They are confident that the charityʼs funds are being used appropriately in pursuit of the charityʼs goals, specifically by funding higher education opportunities in the field of religious study.

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

Page 4

		mid-way through their academic journeys.
Policy on social investment including program related investment	Para 1.38	Not applicable.
Contribution made by volunteers	Para 1.38	Volunteers for the charity are never obliged to make any contributions though they may choose to do so at their own discretion.
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	In summary the charity has created and sustained its academic grant giving function. It has expended most of its income to pay the tuition fees of exceptional individuals in reputable higher education organisations. The charity believes, as does the UK in general, that the pursuit of higher knowledge is a public benefit in its own right, and it recognises that in the current socio economic climate, tuition fees are a real and genuine obstruction for capable individuals pursuing such education. By paying these fees at reputable organisations the charity is facilitating this good and it expects to see an increase in social cohesion as a result.

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

Achievements against objectives set	Para 1.41

Page 6

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

Page 7

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	At the end of this period the charity had a net income of £118,717. This is a healthy amount and is suficient to sustain the grants that it is already supporting for the next few years, with some extra to spare. The charity hopes to expand its grant making endeavours in the following years and it recognises that in order to do so it needs to increase its fund base. cash reserve £116,038.
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 reserves held	Para 1.22	The charity held £118,717 in reserve at the end of this period. £116,038
Reasons for holding zero reserves	Para 1.22	Not applicable.
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)

Page 8

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

Page 9

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	Potential 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

Page 10

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)
	Dr. Saad Ismail		June 2024–Present
	Dr. Younus Saleem		June 2023–May2025
	Zaheer Hanif		June 2023–June 2024
	Yasser Darr		May2025–Present
	Sheharyar Hasan		June 2023–June 2024

– 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

Page 11

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

Page 12

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Ismail Full name(s) Saad Position (eg Secretary, Chair Chair, etc) Date 03/04/2026 February 04 2026

Page 13

TURNING SOUTHEAST

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNTS

for the period ended 05[th] June 2025

		2025
	Note	£
		Unrestricted
		Fund
INCOMING RESOURCES
Donations	2	133,184
		_______
TOTAL INCOME		133,184
		═══════
RESOURCES EXPENDED
Direct Charitable Expenses
Donations Paid		96,768
Other Expenditure
Governance costs and Support costs	5	9,397
		───────
Total Expenditure		106,165
		═══════
Net Surplus (Deficit)		27,019
Fund balance at 06th April 2024		89,019
		───────
Fund balance at 05th June 2025	6	116,038
		═══════

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

Page 14

TURNING SOUTHEAST

BALANCE SHEET

at 05[TH] June 2025

			2025
	Note	£	£
Current assets
Cash at bank and in hand		119,038
		───────
		119,038
Accruals		3,000
Net current assets			116,038
			───────
Total assets less current liabilities			116,038
			═══════
Financed By:
Un restricted fund-General			116,038
			───────
Total trust funds	6		116,038
			═══════

The accounts were approved by the trustees on 03[rd] April 2026

_____ Dr Saad Ismail Trustee

Page 6

Page 15

TURNING SOUTHEAST

NOTES ON FINANCIAL STATEMENTS

05[th] June 2025

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

2025 £ 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

Page 16

NOTES ON FINANCIAL STATEMENTS

05[TH] April 2025

5	Governance costs
		2025
		£
	Independent Examiners fee	1,500
	Sundries	-
		───────
		1,500
		═══════
6	Surplus / Deficit During The Period	2024
		£
	Unrestricted Fund:
	As at 05thApril 2024	89,019
	Surplus (Deficit) during the period	27,019
		───────
	Total Unrestricted fund as at 05 April 2024	116,038
		═══════
7	Employment Costs
		2025
		£
	Wages and Salaries	-
		───────
	No salary or benefits was paid to the trustees of the charity.
	Number of volunteers and staff during the period	2

8 Related Party Transactions

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

Page 8

Page 17

TURNING SOUTHEAST INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF TURNING SOUTHEAST

I report to the Trustees on my examination of the accounts of Global Health Film (the charity) for the period ended 05[th] June 2025 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:….…03/04/2026