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2025-03-31-accounts

Docusign Envelope ID: E53DF2BD-3FB2-446B-8FCD-8EDC09353BB4

Charity registration number: 1208799

AL IHSAAN EUDCATION TRUST

Annual report and financial statements

For the year ended 31 March 2025

Docusign Envelope ID: E53DF2BD-3FB2-446B-8FCD-8EDC09353BB4

AL IHSAAN EDUCATION TRUST Table of contents For the year ended 31 March 2025

Page
Reference and administrative information 1
Report of the trustees 2
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7

Docusign Envelope ID: E53DF2BD-3FB2-446B-8FCD-8EDC09353BB4

AL IHSAAN EDUCATION TRUST

Reference and administrative information For the year ended 31 March 2025

The AL IHSAAN EDUCATION TRUST was established by trust deed dated June 2024, and is registered in the United Kingdom as a charity with registration number 1208799. It has been administered and managed by the trustees who have served throughout the year and to the date of this report. They are:

Board of trustees Mohammed Muzibur Rahman Rayhan Rahman Chowdhury Tasnia Uddin Address of principal office 147 Eastern Avenue Ilford IG4 5AW Independent examiner M.A.R Accountants Limited 685 Cranbrook Road Ilford IG2 6SY Bankers Barclays Ilford

Docusign Envelope ID: E53DF2BD-3FB2-446B-8FCD-8EDC09353BB4

Al IHSAAN EDUCATION TRUST Report of the trustees For the year ended 31 March 2025

Our board of trustees (the board) has collective responsibility for everything that we do, including the legal responsibility to ensure the charity is controlled and properly managed.

Introduction

The Trustees of Al Ihsaan Education Trust are pleased to present this report on the activities and expenditures undertaken in support of Al Ihsaan Academy, Barlekha, Moulvibazar, Bangladesh, during the past financial year. The Trust has continued to rely entirely on the generosity of friends and family members residing in the United Kingdom. Their contributions have been vital in sustaining the Academy, where our shared vision is to provide underprivileged children with access to free education, food, accommodation, and opportunities for skills development.

Educational Provision:

• 35 children were provided with daily food, accommodation, clothing, and essential teaching and learning materials, ensuring their holistic welfare and participation in education.

This structured educational and residential support has created a secure and nurturing environment where children can thrive academically and personally.

Skill Development and Vocational Training:

To enhance self-sufficiency and employment opportunities, the Academy invested in vocational and technical resources:

Docusign Envelope ID: E53DF2BD-3FB2-446B-8FCD-8EDC09353BB4

Al IHSAAN EDUCATION TRUST

Report of the trustees For the year ended 31 March 2025

Fishery Farm Initiative:

In line with our long-term strategy to make the Academy more sustainable, the Trust invested 50,000 Takas in a Fishery Farm Project. The initiative has been highly successful, generating an approximate profit of 150,000 Takas. This demonstrates the potential for future investment in self-sustaining projects to reduce reliance on donor contributions.

Infrastructure Development:

A key milestone this year was the continuation of the Building Project.

• A three-floor extension was completed on the eastern side of the Academy, enabling the creation of six additional classrooms.

Welfare and Emergency Support:

The Academy faced several welfare-related challenges during the year:

• One student fell severely ill, requiring emergency medical treatment. The Trust had to hire a private ambulance and admit the student to a private clinic, costing the organisation 35,000 Takas. This unforeseen expense placed additional pressure on already limited resources.

Financial Challenges:

While the Academy continues to achieve remarkable progress, financial limitations remain a significant challenge:

• Rising costs have forced the Academy to suspend the provision of free food and accommodation for new students, limiting its ability to extend support to additional children.

• The expansion of vocational and technical training programmes requires large sums of investment, particularly to engage certified professionals and purchase advanced training equipment.

Docusign Envelope ID: E53DF2BD-3FB2-446B-8FCD-8EDC09353BB4

Al IHSAAN EDUCATION TRUST Report of the trustees For the year ended 31 March 2025

Conclusion and Appeal:

The Trustees of Al Ihsaan Education Trust are committed to continuing their support for Al Ihsaan Academy and to expanding its services where possible. The past year has seen notable successes in education, infrastructure, and income generation. However, increasing demand, welfare needs, and the ambition to provide vocational training underscore the need for continued and expanded financial support.

We extend our heartfelt gratitude to all donors, particularly those in the UK, whose generosity has been the backbone of this project. With sustained and increased contributions, the Academy will be able to:

18-12-2025 | 11:37 GMT Signed on behalf of the Board of Trustees on -------------------- by:

Mohammed Muzibur Rahman Chair of AL IHSAAN EDUCATION TRUST

Docusign Envelope ID: E53DF2BD-3FB2-446B-8FCD-8EDC09353BB4

AL IHSAAN EDUCATION TRUST

Independent examiner's report to the Trustees of AL IHSAAN EDUCATION TRUST For the year ended 31 March 2025

I report to the trustees on my examination of the accounts of AL IHSAAN EDUCATION TRUST for the year ended 30 June 2025, which are set out on pages 5 to 9.

Responsibilities and basis of report

As the charity trustees of AL IHSAAN EDUCATION TRUST you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trustee’s accounts carried out under section 145 of the 2011 Act and 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 giving me cause to believe that in any material respect:

(1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

(3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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 accounts to be reached.

Signed:

Name: Muhammad Asad Fellow of Chartered Certified Accountants

Address: 685 Cranbrook Road Ilford IG2 6SY

Date:

Docusign Envelope ID: E53DF2BD-3FB2-446B-8FCD-8EDC09353BB4

AL IHSAAN EDUCATION TRUST Statement of financial activities For the year ended 31 March 2025

Incoming Resources:
Donations
Furlough Grants - COVID
Rental Income
Total income
Expenditure on:
Goods for charity
Travel and subsistence
Wages & Subcontractor expenses
Admin cost
Accountancy
Depreciation
Utilities
Telephone
Due & Subscriptions
Donations Paid
Repairs & Maintenance
Printing & Postage
Net income
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted &
Unrestricted
endowment
funds
funds
£
£
36,556
36,556
-
-
-
-
36,556
36,556
33,715
33,715
1,470
1,470
-
175
175
700
700
-
-
125
125
700
700
-
-
331
331
37,216
37,216
660
-
660
-
-
-
660
-
660
-
660
-
660
-

Docusign Envelope ID: E53DF2BD-3FB2-446B-8FCD-8EDC09353BB4

AL IHSAAN EDUCATION TRUST Balance sheet For the year ended 31 March 2025

Note
Fixed assets
8
Current assets
Bank and Cash
Interest free loan
Total current assets
Current liabilities
PAYE
Creditors
Creditors: amounts falling due within one year
Total assets less current liabilities
Creditors: amounts falling due after more than one year
Total net assets
The funds of the charity
General reserves
Total unrestricted funds		 2025
£
-
-
532
-
532
-
1,191
1,191
660
-
-
660
-
660
-
660
-

The accompanying notes form part of these accounts.

18-12-2025 | 11:37 GMT Approved by the Board of Trustees on ---------- and signed on its behalf by:

Mohammed Muzibur Rahman Chair of AL IHSAAN EDUCATION TRUST

Docusign Envelope ID: E53DF2BD-3FB2-446B-8FCD-8EDC09353BB4

AL IHSAAN EDUCATIONI TRUST Notes to the financial statements For the year ended 31 March 2025

Note 1 - Basis of preparation

1.1 Basis of accounting

AL IHSAAN EDUCATION TRSUT is a public benefit entity.

The presentation currency of the financial statements is the Pound Sterling (£).

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011.

1.2 Going concern

The accounts (financial statements) have been prepared to give a ‘true and fair’ view.

After making enquiries, the trustees have a reasonable expectation that AL IHSAAN EDUCATION TRUST has adequate resources to continue it's activities for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Note 2 - Accounting policies

2.1 Income

Recognition of income

All income is accounted for in the SOFA when the Charity is legally entitled to the income,

it is probable that the income will be received, and the amount can be quantified with reasonable accuracy.

Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.

Tax reclaims on donations and gifts

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

2.2 Expenditure and liabilities

Liability recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

Docusign Envelope ID: E53DF2BD-3FB2-446B-8FCD-8EDC09353BB4

AL IHSAAN EDUCATIONI TRUST Notes to the financial statements For the year ended 31 March 2025

2.4 Tax

AL IHSAAN EDUCATION TRUST, as a registered charity is exempt from tax under Chapter 3 of Part 11 to the Corporation Tax Act 2010 or Section 256 of the Taxation for Chargeable Gains Act 1992, to the extent surpluses are applied to its charitable purposes.

2.5 Cash flow

The charity meets the definition of a qualifying entity under FRS 102 and has therefore taken advantage of the disclosure exemption in relation to presentation of a cash flow statement in respect of its financial statements.

Tangible and intangible fixed assets costing less than £2,000 are not capitalised, and are written off in the year of purchase.

Note 3 - Employees

The average number of employees, calculated on a full-time, part time and equivalent basis, during the year under review were 3.

The above numbers include staff responsible for the management and support of the volunteers.

The trustees have not received any remuneration or expenses in relation to their duties as trustees.

Note 4 - Contribution from the volunteers

We are very grateful to our large and hugely supportive volunteer base.

Some work tirelessly to raise funds for our work and help run the charity, whilst others work directly with children and young people through our services such as being a trained volunteer or delivering our Maddrasah service.

Given the absence of a reliable measurement basis, donated services from our volunteers are not included within the financial statements. This is in line with the requirements of Charities SORP (FRS 102).

Note 5 - Capital commitments

The charity had no capital commitments at 30 June 2025.

Note 6 - Contingent liabilities

There were no contingent liabilities at either the beginning or at the end of the financial year.

Note 7 - Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.