COntry Ummah Foundation tharity No. 1203898 Trustees. Report and Unaudited Accounts 31 December 2024
Coventry Ummah Foundation Contents Page5 Trustees, Annual Report Independent Examinerfs Rert Statement of Financial Activities Summary Income and Expendtture Account Balan Sheet Statement of Cash flows Notes to the Accounts Detailed Statement of Financial Activttie5 9t012
Coventry Ummah Foundation Truslees Annual Report The trustees. who are also dIrectO ol Ihe charity lor the purposes ol the Companies Act 2006, present their report with the unaudited financial statements of the charity lor tbe pe¥iod ended 31 December 2024. REFERENCE AND ADMINISTRATIVE DETAILS Company No. Charity No. 1203898 Registered Office 16 The Moortield Coventry CV31BZ Directors and Trustees The Directors ot the charrtable Gompany are its Trustees lor the purposes of charlty law. The followlng Dlrectors and Trustees served during the year= Hadljah Bbosa Ilakeem Kateete Mubiru Leillah Kalumbe Naiga Moses Karim Wamala Slraje Njuki Sumayyah Nlukl Twaha Kalisa Kaslbante Ddungu Accoutttants Ace Accountants & Tax Consullants Ltd 127 Fencepiece Road Ilford Essex IG6 2LD The Trustees are responsible foi keeping proper accounting records that dtsclose with reasonable accuracy at ary time the financial position ol Ihe charity and to enable them to ensure that the financial statements comply with the Companles Act 2006. The Trustees are also responsible for Safeguarding the assets of the charlty and hence taking reasonable steps for the prevention and detection of fraud and olher irregularilles. The above report has been prepared In accordance with the provisions applicable to companies subject to the sfflall companies regiffle as set out in Part15 of the Companies Act 2006 and in aecordance with the Charities SORP IFRS 1021. Signed on behalf of the board Moses Karim Wamala Trustee 06 June 2025
Coventry Ummah Foundation Independent Examiners Report Independent Examiner's Report to the twstees of Coventry Ummah Foundatlon I report to the charity trustees on my examination of the financial statements of Coventry Ummah Foundation for the period ended 31 December 2024. Responsibilities and basis of report As the charity's trustees of the company land also tts dirertors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordan with the requirements of the Companies Act 20061'the 2006 Act. Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 0 the 2006 Act and are eligible for independent examination, I report in respect of my examination of your chaiity's financial statements as carried out under sertion 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151 Ibl of the 2011 Art. Independent examlneT's statement I have completed my examination. I can confirn) that no material matters have coffle to my attention in connection with the examination giving me cause to believe= accounting records were not kept in accordance with section 386 of the 2(X)6 Art ' or the financial statefflent5 do not accord with those records- or • the financial statements do not comply Nwth the accounting requirements under section 396 of the 2( Act other than any requirement that the financial statements give 3 'true and fair, view which is not a matter considered as part of an independent examination- or 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 in the UK and Republic of Ireland IFRS 102}. I have no concerns and have come across no other Tnatters 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. CAOMA Mr Majuran Pushpanathan ACMA Ate Accountants & Tax Consultants Ltd 127 Fencepiece Road Ilford At•Ac¢wntsnts & Tax Consultants Ltd 127 Fencepe Road. lth, EX.1s62LD T.. 0208 550 53691 M.. 07535355 1 Essex IG6 2LD 06June 2025 Pagp 4
Coventry Ummah Foundation statement of Financial Artivities forthe period ended 31 Dernber 2024 unstricted funds Totsl funds 2024 2024 Notes Income and endowments from: Donations and legacies 53,4fA) 53,460 Total 53.460 53,460 Expenditure on: Charitable actlvities Other 16.115 2.502 16,115 2,502 ToLIl 18.617 18,617 Net gains on investments Net income 34.843 34.843 Transfers between funds Net income before other gains/llos5e5) 34.843 34,843 Other gains and105ses Net movement In funds 34.843 34,843 Reconciliatlon of funds: Total fund5 carried forward 34,843 34.843
Coventry Ummah FourKlation Summary Income and Expenditure Account for the period ended 31 Dember 2024 2024 Income 53,460 Gross Income for the period Expenditure 53,460 18.617 Totsl expendlture for the period Net income before tax for the period 18.617 34,843 Net Income forthe period 34,843
Coventry Ummah Foundation Balance Sheet al 31 December 2024 Company No. Notes 2024 Current assets Debtors Cash at bank and in hand 1.000 34,443 35.443 (61]0) 34.843 34,843 34,B43 Creditois.. Amount falling due within one year Net Current assets Total assets less curient liabilities Net assets excluding pension asset or liabillty Total net a&8ets 34,843 The f unds of the charity Restricted tunds Unrestricted funds General funds 34,843 34,843 Reserves Total funds 34.843 These accounts have been prepared in accordance wlth the speclal provlslons ol Part 15 01 the Companles Act 2006 relating to small companies. For the perlod ended 310ecember 2024 the company was entitled to exemptloft under section 477 of the Companies Act 2006 relating to small companies. The member5 have not requlred th8 company to obtsin an audit in accordance with section 476 of the Companles Act 2006. The directors acknowledge their responsibilities for comptying with the requirements ol the Companles Act 2006 wlth respect to accoullting records and the preparation ol accotsnts. Approved by the board on 06 June 2025 And slgned on Its behalf by: Moses Karim Wamala Trustee 06 june 2025
Coventry Ummah Foundation Notes to the Accounts for the period ended 31 December 2024 l Accounting policies Basis of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective I January 20151 (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. thange in basis of accounting or to previous accounts There has been no change lo the accounting policie5 Ivaluation rules and method of accounting) since last year and no changes have been made to accounts for previovs years. Fund accounting Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general obiects of the charity- These are unrestricted funds eamarked by the trustees for particular purposes. These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. These are available for use subjett to restrictions imposed by the donor or through terms of an appeal. Designated funds Revaluation funds Restrirted funds Income Recognition of income Income 15 included in the Statement of Financial Activities ISOFA) when the charity becomes entitled to. and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliabiltty. Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SOFA. t)onations and legacies Voluntsry income received by way of grants. donations and gifts is included in the the SOFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SOFA at the same time as the donations and gifts gift/donation to which it relates. Donated SeiCe5 These are only included in income Iwtth an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the account5. Investment income This is included in the accounts when recervable. Gains/llossesl on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. 355etS Gains/{lossesl on investment assets This includes any gain or loss on the sale of investments.
Coventry Ummah Foundatlon Notes to the Accounts Expenditure Recognition of expenditure Expenditure is recognised on an accruals basis. Expendtture includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading Costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects. including the making of grants and governance costs. All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. These include those costs assotiated with meeting the constttutional and statutory requirements of the Charity, includinE any auditlindependent examination fees, costs linked to the 5trdtegic management of the Charity, together with a share of other administration costs. Grants paydble Governance costs Other expenditure These are support costs not allocated to a particular artivity- Taxation The charity is exempt from corporation tax on its charttable activitie5. Trade and other debtors Trade and other debtors are recogni5ed at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand. demand deposits with banks and other short-term highly liquid investments wth original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equNalents are shown net of bank overdrafts that are repayable on demand and fomi an integral part of the company's cash management. Trade and other creditors Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discount5 due. Receipt of donated goods. faalities and sebvices All donated goods, facilities and services recerved are recognised within incoming resources and expenditure at an estimate of the value to the charity. 2 Company ststus The company is a private company limtted by guarantee and consequently doe5 not have Share capital.
Coventry Ummah Foundation Notes to the Accounts 3 Income from donations and leCleS Unrestricted Totsl 2024 53.460 53,460 53,460 53,460 4 Expenditure on tharitabk activitie5 Unrestricted Totsl 2024 Expenditure on charitable octivities 16.115 16,115 Governance costs 16.115 16.115 S Other expendire Unrestricted Totsl 2024 Premises costs 1.5CK) 402 1,5(X) 402 General administrative costs Legal and professional costs 2,502 2,502 6 Staff costs No employee received emoluments in ex5$ of £60.{). 7 Debto 2024 Other debtors 8 Creditors: amounts falling due wtthin one year 2024 Accruals
Coventry Ummah Foundation Notes to the Accounts 9 Movement In fvnds Incoming resour5 (including other gainsnosses At31 Resourtes Dernber 2024 expended Restricted funds: Unrestricted funds: General funds 53.460 118,6171 34,843 Totsl funds 10 Analysis of net assets between funds 53,460 118,6171 34.843 Unrestrfrted funds Totsl Net current a55ets 34,843 34,843 34,843 34,843 11 ReconcilÉatloTr of net debt At31 December 2024 Cash flows Cash and cash equivalents 34,443 34,443 34,443 34,443 Net debt 34,443 34,443 12 Relatsd party disclosures ControlliTngparty The company is limtted by guarantee and ha5 no share capttal- thus no 5in8le party controls the company.
Coventry Ummah Foundation Detailed Statement of Financial Activities for the period ended 31 December 2024 Vnre5tricted fund5 2024 Total funds 2024 Income and endowments from: Donations and legacies 53,460 53,460 53,460 53.460 Tot31 income and endowments 53,460 53,460 Expenditure on: Charitable activities 16,115 16,115 16,115 16.115 Total of expenditure on charitsble activities 16,115 16,115 Premises cost5 Rent 1,51X) 1,5(Kl General administrative costs. including depreciation and amortisation Subscriptions 402 402 402 402 Legal and professional costs Accountancy and bookkeeping 600 600 Tot31 of expenditure of other costs Totsl expenditure 2,502 2,502 18,617 18,617 Net gains on investments Net income 34,843 34.843 Net income before other gainsl{losses) Other Gains 34.843 34,843 Net rnovement in funds 34.843 34,843 Rewnclllatlon of funds: Total funds brought forward Totsl lund5 carried forward 34,843 34,843