2024-07-31-accounts

Charity number: 1204404

Ar-Rahmah Trust

UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31/07/2024

Prepared By: CBS Accountants Ltd Chartered Accountant Unit 17, Orbital 25 Business Park Dwight Road Watford Hertfordfhire WD18 9DA

Ar-Rahmah Trust

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/07/2024

TRUSTEES

Mohammad Majeed Ammer Amin Majed Hamdi

REGISTERED OFFICE

Unit 17, Orbital 25 Business Park Dwight Road Watford WD18 9DA

CHARITY NUMBER

1204404

ACCOUNTANTS

CBS Accountants Ltd Chartered Accountant Unit 17, Orbital 25 Business Park Dwight Road Watford Hertfordfhire WD18 9DA

page 1

Ar-Rahmah Trust

ACCOUNTS

FOR THE YEAR ENDED 31/07/2024

CONTENTS

	Page
Report of the Trustees	3
Statement of Financial Activities	4
Balance Sheet	5
Notes to the Accounts	6 to 9
Detailed Statement of Financial Activities	8

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Ar-Rahmah Trust

TRUSTEES' REPORT FOR THE YEAR ENDED 31/07/2024

CHARITY OBJECTIVES

The objects of the charity are to advance education and lifelong learning, promote health and well-being, foster social inclusion for the public benefit, and inspire spiritual well-being guided by Islamic principles. This will be achieved by providing access to education, training, and recreational activities; offering facilities for prayer, social engagement, and community support; and delivering targeted programmes for the elderly, women, families, and socially excluded groups

ACIVITIES

Ar-Rahmah Trust furthers public benefit through community development and social welfare initiatives. It enhances academic and personal growth via education and training programmes, while providing prayer facilities and faith-based gatherings in line with its religious principles.

FINANCIAL REVIEW

• Income: Primarily derived from donations, grants, and fundraising initiatives.

• Expenditure: Allocated to operational costs, facility maintenance, educational materials, and community programmes.

• • Reserves Policy: The Trustees aim to maintain sufficient reserves to cover at least three months’ operational costs, ensuring financial stability. A detailed statement of financial activities and balance sheet is provided separately.

STRUCTURE GOVERNANCE AND MANAGEMENT

Ar-Rahmah Trust is registered with the Charity Commission (1204404) since 18[th] August 2023 and constituted by the deed of trust. The charity is managed by 3 trustees who meet at regular intervals to assess progress. The trustees have assessed the major risks to which the charity is exposed and are satisfied that the systems are in place to mitigate exposure to the major risks.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:

• Select suitable accounting policies and then apply them consistently.

• Observe the methods and principles of the Charities SORP.

• Make judgements and estimates that are reasonable and prudent.

• State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the charities act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the Board of Trustees on 29/01/2025.

………………….

Mejad Hamdi Trustee

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Ar-Rahmah Trust

Statement of Financial Activities for the year ended 31/07/2024

Income Income from generated funds Income from charitable activities Total Income and endowments Expenses Costs of generating funds Expenditure on Charitable activities Total Expenses Net gains on investments Net Income Gains/(losses) on revaluation of fixed assests Net movement in funds: Net income for the year Net funds carried forward	Unrestricted funds £ 2,250 2,250 250 250 2,000 2,000 2,000	Restricted funds £ - - - - - - -	2024 Total £ 2,250
			2,250
			250
			250
			2,000 2,000
			2,000

This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

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Ar-Rahmah Trust		2024 £ 2,000
BALANCE SHEET AT 31/07/2024 Notes CURRENT ASSETS Cash at bank and in hand NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES Unrestricted funds 5 General fund	2,000 2,000
		2,000
		2,000
		2,000

Approved by the board of trustees on 29/01/2025 and signed on their behalf by ............................. Majed Hamid Trustee

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Ar-Rahmah Trust

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31/07/2024

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

1b. Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

1c. Resources Expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

1d. Allocation And Apportionment Of Costs

All costs relate to the single activity of the charitable company and are recognised accordingly.

1e. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.

1f. Turnover

Turnover represents the charitable donations recieved by the charity.

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Ar-Rahmah Trust

2. EMPLOYEES

2024 No. No. - Average number of employees 3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 £

4. LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £, to the company should it be wound up. At 31/07/2024 there were members.

5. UNRESTRICTED FUNDS

General fund	Brought forward £ - -	Incoming resources £ 2,250 2,250	Outgoing resources £ (250) (250)	Transfers £ - -	Carried forward £ 2,000
					2,000

6. RESTRICTED FUNDS

Brought forward	Incoming resources	Outgoing resources	Transfers	Carried forward
£	£	£	£	£

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Ar-Rahmah Trust Incoming Resources for the year ended 31/07/2024 2024 £ Incoming resources Incoming resources from generated funds 2,250 2,250

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Ar-Rahmah Trust	2024 £ 250
Expenses for the year ended 31/07/2024 Expenses Costs of generating funds Charitable Activities Charitable donations
	250
	250

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