**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|
|||||
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|||||
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– 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