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| page 2 **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 page 3 ## **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 page 4 |**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 page 5 **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. page 6 ## **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**| |---|---|---|---|---| |**£**|**£**|**£**|**£**|**£**| page 7 **Ar-Rahmah Trust Incoming Resources for the year ended 31/07/2024 2024 £ Incoming resources Incoming resources from generated funds** 2,250 2,250 page 8 |**Ar-Rahmah Trust**|**2024**
**£**
250| |---|---| |**Expenses**
**for the year ended 31/07/2024**
**Expenses**
**Costs of generating funds**
**Charitable Activities**
Charitable donations|| ||250| ||250| page 9