ASPIRE OUTREACH Charity No:1208252 TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Pagel I ASPIRE OUTREACH Notes to the Accounts Forthe Year to 31 March 2025 Contents Page Le8al and Administrative Information Report of Trustees Statement of Financlal Artivities Summary of Income and Expenditure Account Balance Sheet Notes to the Accounts 10-13 Page12 ASPIRE OUTREACH Legal and Administrative Information For the Year to 31 March 2025 TRUSTEES MOHAMMAD USAMA SIDDIQI FAIZA ASADI SHAOAB ARSHAD MANAGEMENT COMMirrEE CHARITY NUMBER: 1208252 REGISTERED OFFICE: 15 TURNAGE ROAD DAGENHAM RM8 IRB REPORTING ACCOUNTS By Trustee Page13 ASPIRE OUTREACH Report of the Directors/Trustees For the Year to 31 March 2025 The Trustee5 present their report and financial statement for the year ended 31 March 2025. The Trustees have adopted the provisions of the statement of Recommended Practice ISORPI Accounting ond Reporting by Chorities issued in 2005 in preparing the annual report and financial statement of the Charity and with the charities Act 1993 and Companies Act 2006. Legal Status: Charity- Registered with the Charity Commi55ion, Charity number.. 1208252 Trustees and Thelr Interest.. The following served as Trustees of the Charity during the year.. MOHAMMAD USAMA SIDDIQI FAIZA ASADI SHADAB ARSHAD Charitie5 Objerts. Principal Activitles and Organlzation of the Charity The charity is not constituted as a company limited by Guarantee Charitable objects TO RELIEVE FINANCIAL HAROSHIP AMONG POOR PEOPLE, VICTIMS OF NATURAL DISASTERS AND OTHER PEOPLE IN FINANCIAL HARDSHIP BY MEANS OF. BUT NOT EXCLUSIVELY, MAKING GRANTS FOR ITEMS, EQUIPMENT, SERVICES ANO FACILITIES. INCLUDING THE PROVISION OF FOOD. WATER AND OTHER NECESSITIES, COSTS FOR ATTENDING SCHOOLS AND COSTS FOR MEDICAL TREATMENT FOR THE BENEFIT OF THE SAID PERSONS. 121 TO ADVANCE THE RELIGION OF ISLAM BY MEANS OF. BUT NOT EXCLUSIVELY, ASSISTANCE IN THE PROVISION OF FACILITIES FOR WORSHIP AND ISLAMIC EDUCATION, IN ACCORDANCE WTH THE TEACHINGS OF THE QURAN AND THE TEACHINGS OF PROPHET MUHAMMAD (PEACE BE UPON HIM) AS INTERPRETED AND ACCEPTED BY THE AHLE-SUNNAH WAL-JAMAA-AH SCHOOL OF THOUGHT. Page14 Or8anization'. TRUSTEES A Management Committee, the members of which are both and trustees manages the affairs of the company and charity. The Management Committee manages the business of the company and tharity including the payin8 of the expenses. Transaction and Flnancial position The statement of financial Activities shows net Incoming Resources for the year of £37,987.1J) and our accumulated funds Stand at £67,554.00 in total. Trustees and Shareholdin8 There was no change in the Trustee during the year under consideration. Trustees Responsibilities in relation to the financial statements The Trustees are required by company law to prepare financial statements for each financial year which Bive a true and fair view of the financial position at the en(1 of that year. In preparing those financial statements the Trustees are reqLtired to.. lal Select suitable accounting policies and apply them consistently.. Ibl Make Judgments and estimates that are reasonable and prudent.. Icl State whether the policies adopted are in accordance with the Companies Act 2006 and with applicable standards and statements of recommended practice. subject to any materi81 departu￿$ disclosed and explained in the financial statements.. Idl Prepare the financial statements on a going concern basis unless it is inappropriate to assume 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 Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking responsible steps for the prevention and detection of fraud and other irregularitie5. BY ORDER OF THE BOARD OF TRUSTEES Page15 ASPIRE OUTREACH Statement of Flnanclal Activitie5 Forthe year to 31 March 2025 Notes Funds 2025 Total Incorne Resources Grants/ Donations 2 67.554 67,554 Total Incorning Resources 67.554 67,554 Resources Expended Direct Charitable Expenditure Management & Administration Total Resources Expended 3 25,417 25.417 4 4,150 29,567 4,150 29,567 Net Incoming Resources 37,987 37,987 Balance at 01 April 2024 Balance at 01 April 2025 37,987 37,987 Page16 Summary Income statement and Expendlture Accounts Forthe Ended 31 March 2025 2025 Notes Income Total Expenditure Net Surplu5 (Net Incoming Resources) for the Financial Year 67,554 -29,567 37.987 There were no recognizes gains other than those included in the Income and Expenditure Accounts for the current year. The Notes on the rest of the pages form of the Financial Statements. Page17 ASPIRE OUTREACH Balance Sheet asat 31-March-2025 Funds 2025 Notes Fixed Assets Freehold Property Fixture, Fitting & Equipment Current Assets Debtors Prepayment Cash in hand Cash at bank 37,987 Creditors Amounts falling due within one yr. Net Current Assets 37,987 37,987 Net Assets Funds 37,987 Page18 For the year ended 31 March 2025 the Charity w35 entitled to exemption under section 477 of the Companies Act 2006. No members have required the company to obtain an audit of its accounts for the year in question under the Company Act 2006 section 476. The Trustee acknowledge their responsibilities for.. Ensuring the company keeps accounting records which comply with section 386 and Preparing accounts which give a true and fair view of the state of the affairs of the company as at the end of its financial year, and of its profits and loss for the financial year, in accordance with section 393, and which otherwise comply with the requirements of the Companie5 Act 2006 relating to accounts, so far as applicable to the company. The Financial Statements were approved by Trustees on 27112 12025 and signed on their behalf bv.. TRUSTEES...M 0..LL￿.￿.￿ 27 Ji214.25 Page19 ASPIRE OUTREACH Notes to the Accounts Forthe Yearto 31 October 2016 l. Accounting Pollces 1.1 Basis of accountln8 The financial Statements have been prepared under the historical cost convention. The Financial statements have been prepared in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities {SORP 20051, applicable accounting standards and Companies Act 2006 1.2 Incoming Resources Voluntary income and donation are included in incoming resources when they are receivable, except when the donors specify that they must be used in future accounting period5 or donors, conditions have not been fulfilled, then the income is deferred. The income from found raising venture is shown gross, with the associated costs included in fund rai5in8 Costs. 1.3 Resources Expended Resources expended are included in the Statement of financial Activities on accruals basis, inclusive of any VAT that cannot be recovered. Expenditure that 15 directly attributable to specific Activities has been included in these C05t categories. Where are attributable to more than one activity. they have been appositional across the cost categories on a basis consistent with the use of those resources. 1.4 Golng Concern Basis The financial statements have been prepared on the going concern basis, as in the opinion of the directors and trustees, there are no issues arising which would suggest any other basis as being more appropriate. 1.5 Administration Costs Administration expenditure including all expenditure not directly related to the charitable activity. 1.6 Deprecatlon Deprecation on fixed Assets is provided at the rates estimates to write off the cost on straight line as follows.. Office equipment, furniture and fitting5 % pa and computer 0% pa Pagel 10 ASPIRE OUTREACH Notes to the Accounts For the Year to 31 Marth 2025 2 GRANTS RECEIVABLE: 2025 Others London Council Pagel 11 ASPIRE OUTREACH Notes to the Actounts For the Year to 31 March 2025 3. Direct Charitable Expenditure 2025 Staffing Charity Artivities and donation Travelling/Subsistence Printing and Stationery Bank charges 25,417 3,970 150 30 29,567 4. Management and Adminlstration 202S Accountancy Pretty Cash Expenses Depreciation Pagel 12 5. Tangible Assets 2025 Office Equip't Computer Total Cost/ WDV B/F At l April 2024 Addition Depreciation Charge for the year At 31 March 2025 6. Credltor5 falling due within l year Advanced received Idonationl from Award for All (Main Grants) for 202412025= £0 7. Funds 2025 Opening Balance Refund to community foundation Surplus/Deficlt of income over expenditures 37,987 Closing Balance 37,987 Page | 13