REGlèyTERED CHARtTY NUMBER: 286459
Report of the Trustees and
Audited Financial Statements for the Year Ended 31 March 2024
for
Seven King5 Muslim Educational Trust
P￿StOn5 & Jack-soD5 PartllCl"511ip LLP
Statutory Aiiditors
364 - 368 Cranbrook Road
Ilford
Essex
IG2 6HY

Seven Kings Muslim Educational Trust
Contents of tlie Financial Statement5
for thi Year End¢d 31 Mureh 2024
Page
Report of the Trustee5
Report of the Independent Auditors
6 to 8
StAtement of FinAneial Activities
Statement ol. Financial Position
io
vt¢s lo tlie Fiiian£ial Statemeiit5
11 to 17
Detailed Statement of Financial Activitie5
18 to 19

Seven Kings Muslim Educational Trust
Report of the Trustees
for thc Ycar End¢d 31 Moreh 2024
The trustees present their report with the financial statements of the eliarity for the year ended
31 March 2024. The Irusiees Iiave adopted die provisions of Accouniing and Reporting by Chariiies..
Statem¢nt of Recommended Practice appli¢able to chariti¢s preparin8 their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ereland (FRS 102) (effective l January
2019).
OBJECTIVES AND ACTIVITIES
Obj¢ct)V¥s and aim5
To aolvance tlie religion of Islam, by me.ang of, biit not e.xc.liigive. to, promoting the. te.2r.hings te.ne.tF nf
Islam, in accordance wi(h the Sunni Hanafi School of Thought, provision of facilitics for worshipy and
provision of facilities for Islamic education, the public celebration of religious festivals and the distribiilion
of lilcrature on the Islarnic faith to enliO]ten others. To promote any other charitsble purpose for the bcn¢fil
of Muslims ￿ld wid¢r comniwiity.
Oiir aim is to provide a facility where Miislims can worship and to provide a community facility for all Ilic
ommimity of Seveii Kinbb. Oilr Ions term ambitioll is to help muke our ttroa a Peace￿1, vibrant and
harmonious community.
Public Benefits
Thc Iruslees confirrn Ihai they have complied wilh Ihe dury in seciion 4 of Ihe Charities A¢1 2006 10 have due
regard to public benefit guidance published by the Coffimission in determining the activiles undertaken by
the Charity.
Page I

Seven Kings Muslim Educational Trust
Report of the Trustees
for the Year Ended 31 Mur¢h 2024
OBJECTIVES AND ACTJVITIES
Significanr activities and Public Benefits
The charity carries out a wide range of activities in pursuance of its Charitable aims. The trustees consider
that these activities, summarised below, provide benefit both to our students and the wider community of
R¢dbi"idg¢, Loiidoii.
Childrcn's Classes.. Upoi) seeiiig thc strong progress madc witliin the past ye<W, we Imve decidcd to continue
usiiig Ihc spccialist scryiccs of Al Misbaah A¢adcmy (AMA) to operate Supplementary School classes on
both the weekdays and weekends catering for qttLdent8 ranging between ages 5 _ 16.
Alimi)ygh (Female Scholarship) Programffle: Running since 2017, we now have over 70 teenage girls
enrolled onto this 6-ycar pro&Framtne. studying Monday to Friday. This year. we were able to celebrate the
graduatioii of 18 gir15 from this programmc, which was attclldcd by proplG froni withiii th¢ roiiunuiiity and
beyond. Many of the graduates later joincd thc Supplemcntary School as teachers or Classroom assistants.
Iifdh {Quran Memorisation) ProgrAmme: Meinorisation of the Qiiran is considered an important element
ol religioiis educatioii 8iid training. We continue to provide this lacilily lor our students. We currently have
24 sttidents enrolled onto this programmc and I￿vC cmployed two specialist teacliers to support the students
in tlieir ambition of ¢ommilting Ihc cntirc Qur'an to memory. Since its inception, we have had numerous
stuJ¢iits uv&iiylrliii¥ ilii) LfIlliiikdblL dLlii¥v¥Iii¥iil. In dddilivn lu this, w¥ in parLLLUl1￿ ¢Xtr¥m¢ly prviid (Trf
one of our students who reached the finals of Islam Channels, Annual Quran Competition and finished in 2nd
position overall.
Annulll Sir2h Conference: We h<id our 3rd Annual Sirali Coiiference thib year learning about 2nd
conunemoratin8 the life of thc bclovcd Prophet Muhammad {mily peace be upon him}.
Adult Llasses: We also operate numerous classes for hoih male and female Adiiltg within thp. r.nmmiinity
tailored to Ihcir rcqiiirements and n¢¢ds. Thcsc incliidkn buginner Qiiran Llassrb fur adul(b and o(hcr Glasscs
fociisin8 on othcr sciences.
Recreational Aetivities: We regularly arrnnge trips for our 8tud¢nts, t{￿Ing thcm to Ycnucs Such as
Chcssington World of Adventures, Thorpe Park. Laser Tag, Legoland, Trampoline Park and Cambridgc
-eiilral Mosqu¢, ctc.
Youih Work: At Scven Kings Muslim Ediicational Tnist, we realise that the prosperity or downfall of our
future, as a society and as a country> is dependent upon our youth. Thercfore, we have utilised
thc tool3 at our disposal to Cngasr witli tlic youtli alld liclp tliciii tu iralisr thril yvlriili(Il. Tlllvu¥li u
platform, we have supported Al Misbaah Academy to acquire a yoiiih cenlre, a mere stone's tlrow away
from our site, which will be opening from July 2024. This is a project that has ¢x¢it¢d many mcmbcrs of thc
community as they too realise the need for 8u¢h a project, and also huve confidenoe in AMA'S ability to
deliver on this project.
Scparate to this, as has been the case over the last three years, this year again we held a Co￿petItion titled
Fajr IK"nlLJhts' which is an iniiiative aimed ai encouraginR youn2 Miisliffis lo becoine regular in performing
thcir prayers at the mosque. EAch participant was given o smull gift. Tho8c who att¢nd¢d morc than 750/u of
prayers during this period werc given gift vouchers, Chocolate boxes, certificates and medals. Throiighout
this pcriod, a delicious brcakfast 5prcad was laid out each mornillg tor all thc participants and their families.
Page 2

Seven Kings Muslim Educational Trust
Report of the Trustees
for the Year Ended 31 Mareh 2024
OBJECTIVES AND ACTIVITIES
Finally, our Youth Halaqah initiative has b¢¢n growing from strength lo strength. Unce struggling to aiiraci
more than 15 tc¢nagers to these informative and engaging workshops, we are now regularly attracting ov¢r
100 participants.
Online Webingrs: Through partnering with Al Misbaah Academy {AMA), we liave been able to deliver a
Series of online webiiiars, re(ichii)g thousands of p¢opl¢ across the globe on pertincnl topics related lo
marriage, parcntiiig challcllgcs, iiiiderstaThdiiig youth, 151amic Wills ctc. This has b¢cn a hugely successfiil
prnjEc.t wp. xim tn grnw thi% prnject evcn fiirther next yeAr hy reAehing even mnre penple and hosting
more ¥LLests vf high Lalibre.
Strategies
We w￿lt to make our Mosque an ac¢essible and welcoming venue where all Muslims, or those who wish to
know morc ubout oiir faith can gaihcr logcihcr to Icani ubout thcir rcligion and worship. Thc Mosquc is open
It all limes with daily prayers. the Friday prayers beiiig a focus of oiir activities.
An iinportant part of our strategy is community welfare and education. All our community fa¢ilities and
aclLVities including ¢lasscs, hcalth iniliativcs and sctninars arc advcrlised and wc wclcomc thc participation
of all in our local cominuniry, Miislim and non-miislim alike. Most of our activiiies are free and supporied
by donations.
Going Concern
The trL]Stees coi)sider that they have sufficieiit funds and fJnaneial support from the commLinily lo coi)liiiue
operalioiis tor thc ncxt twclvc moi)ths. It is for tliis reason they consider the charity to b¢ a going concern.
Volunteers
Most of the cliai'ity's activitlLS involvL voliintLLrs in tlie dLlivEry uf <iV(ivilivb. W¢ ar¢. ds dlwdyb, gidt¥ful
to these volunteers in making the activities of our centre a spiritual and plcasanl experience for the public.
FINANCL%L RE, VIEW
Reserves policy
Rcscrvcs arc nceded to bridge the gap between the spending and recciving of incomc and to covcr unplanncd
en]erbTency repairs and other expenditiirc. Tho trust avgrage monthly spending was £8,945 (2023..£8,170) per
month during year ended 3 1st March 2U24.
The trustees consider th2t thc idcal Icvcl of reserves would cover six months spending which is
apprvxitndlely £49,470 (2023- £49,020). The curreni reserves come 10 £3,997,682 {2023: £3,759,101 I with
cash at b2)nk of £825,491 (20?3.. £589,280) at the year end 31 M8r¢h 2024.The trustees consider the trnsl is
in a healthy position to continue support the charity objectives.
Ciain¢J concern
Th¢ tiustccs coiisidcr the cliarity to have bl1￿lL]en( funds to cunliniic in opcralion5 for a pcriod of twclvc
montlis. The trustees therefore consider the charity to be a going concern.
STRUCTURE, GOVERNANCE AND MANAGII MENT
Governing document
The chdrily is rcgistcred as a Charity with Charity Commission for England and Walcs.
Thc charity is governed by trtjstees, who are responsible for the effective management of the organisalion.
Mcclings £lre held on a regular basis.
Page 3

Seven Kings Muslim Educational Trust
Report of the Trustees
for the Year Ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMEf4T
Recruitment and appointment of nem, trustees
Th¢ ¢xi..ting trustees are responsible for Ilie recruitment of new trustees. In selecting new trugtees, we seek lo
identity people who are committed individuals whose views are aligned lo the charity's vision in addition lo
beii)gi able lo offer relevaiil skills aiid expcricnce.
Poicniial trustees are invited to attend trustees. ffleelings to meet the trustees and have an inforn￿l interview
and are giveii inore details about the charity's aiins and activities and, if all agree, tliey are then proposed as
neiv trustees at the subscquenl tn￿lees, meeting.
This process allows due consideration of the pergon's eli8ibility, personal competence, specialist I￿owledge
and Skills.
Orgsnisational 4tructure
Tl&r ilJiiiiLy liu)Irrb dl¥ l¥bPUllbibl¥ fur (IIL ¥¥ii¥i-<il Luiiitvl <iiid ill<UI(i¥¥IIi¥iil vf ili¥ Lli<iiily. Tli¥ irusl¥¥s Iii¥LI
-ogetl)er ds a body and are responsible for the overull governance of Seveij Kings Miislim Educational Trust
aiid to oversee the maiiagemeiit and day to day ruiining of rlie cliarity. To organise the governanre of th¢
harity, the tntstees are in the proccss of s¢ttin5 up a numbcr of 3ub-committccs to dclcgatc L-cy llreas of
rcsponsibility.
The day-tO4Jay management of Seven kings Muglim Educational Trust 3nd admÉnistration of the projects are
Controlled by Ihe Board of Trusrees.
Induction and training of new trustees
Fulluwin¥ 4ippvinltnciit, ncw trustees are iniroduced 10 iheir new rol¢ and given copies of the governiiig
docliineiit, a copy of the most recent, 'The Essenlial Trustee, guidance booklet, and a guide to the policies
and piocedures adopted by our charity.
number nf piihlic2ti(>n.q frnm thp C.hxrity C.nmmisqinn Arp. also provide.d inc.liiding the. ￿lIdA￿C.e on
chGLrities diid public bciiknfit aiid on thL advanLLfnLnt of ILligion for ihc public bcncfit.
This ensiires Ihal new trustees are aware of th¢ scopc of their responsibilities under the Charities Act.
Initially> new trLislees worl£ with tlll cxi3ting tru3to¢ 0351Sting on particular activitlC8 and projccts run by th¢
¢harity. Attcr Slili5tactory teedback from existing tnislecs, they are given tlie task of leading a particiilar
activity or project, reporting progress al trustce's meetings.
Risk mJnagemenr
The tiustccs actively review the major risks which Ihc charity faces on a regular basis. The triistees
frequently consider the nature of risks, tlic likelihood of the risks happening and the Tncasurcs takctL to
iiiaiidgr iliriii. Tlir LLUbl¥ib <ll"¥ S(Ilisfi¥d Ilidl Ih¥ syslcmb dlc in place, or drrangemenis are in hand, 10
m£2nage the risks that have been identified. Insurance cover is in place and the finances of the mosqLie are
appropri¢ltely managcd. Appropriate Disclosure and Barring Servicc {DBS) checks are completed along with
regularly rcviewed policics, ￿ n￿de for ull those who work with children or other vulnerable groups within
Ihe Mosque.
Voliinteers havc been running a programme for youngsters football team for tlie locals.
REFERENCE AND ADMINISTRATIVE DETAILS
RLgistered Charity number
286459
Page 4

Seven Kings Muslim Educational Trust
Report of the Trustees
for the Yeor Ended 31 Moreh ?024
Prlncipal address
645-647 High Road
Seven ￿"ngS
Essex
IG3 8RA
Trustees
Mr Faruk Palel
Mr Abdiil Raliim Patel
Mr Ziibdir n)rahim
Mi Abdul Hamid Valli
Mr Salim Ibrahim- Appointed on Isl June 2023
Auditors
Prcslons & Jacksons Partnership LLP
Statutory Auditors
i64 368 Craiibrook Road
Iitord
Essex
IG2 6HY
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Ituslees are responsible for preparing the Report of the Trustees aiid the financial statements in
accordance with applicabl¥ law aiid Uiiiled Kingdom AccOL￿ting Sidndards (Uiiitcd Kiiigdoffl Gener(illy
Accepted Accouiiling Practice) iiicludiiig Financial Reporting Stai)dard 102 The Fin2ncial Reporting
Standard applicable in the UK and Republic ot trcland"
'I'h¢ law applicable to charities in England and Wales. the r.haritieg Act 2n1 I, C.hArity (Arc￿7]ntI And
Rcports) RcgLilations ?008 aiid th¢ provisioiis of the trust dLed rEquzf¢b lh¥ Irubtcrs tu prcparc financial
statements for cach financial year which give a true and fair view of the state of affairs of the charity and of
the incoining resources and application of resources, including the income and expenditure, of the charity for
that PLriod. In pr¢parii)g th03c finaiicial $tatcm¢nt5, thc Irustccs arc rcquircd to
selcct siiitable accountin¥ pvlicics and then apply them consist¢nily'
observe th¢ methods and principles in the Cliarity SORP.
make jlldgcments and estiinates that arc reasonable and prudent;
prcpare the financial statements on the going ctsnc¢rn basis unlcss It is inappropriate to pr¢sum¢ that the
charity will continiie in busincss.
The trustees are rcsponsible for keeping proper accounting records which disclose with reasonable accuracy
at any time the fin¢U]cial position of the Charity and lo enable them to ensure that the financial slalemenls
comply with the Charities Act 2011, th¢ Charity (Accounts and Rcports) Regulations 2008 and the
provisions ot" the trust deed. They are al80 responsible far qafeguarding thp A8qet% nf the. e.h2rity ￿nrt he.nr.e
for taking rca50nable stepb for th¢ preveiition aiid dcteclioii of traud dnd vih¢r irr¢guluiitics.
oi
Approved by order of the board of trustees on .
and sign¢d on its behalf bv..
Truste¢
Page 5

Report of the Iiid¢y¥ndent Audliors to the Trustees ot-
Seven Kinos Muslim Educational Trust
We have audited the ftnancial slatcmcnts of Seven Kiiigs Muslim Educajional Tn￿t (the 'charity') for the
year cnded 31 March 2024 which comprise thc Statemcnt of Financial Activities, the Statemcnt of Financial
Position and notes lo the financial Sialemen15, including a summary of significant accountinB pnlic.ie.s. The
financial reporting frAmp.work that has been appliod in thcir prcparation i5 applibdbl¥ Idw and Uniied
Kingdotn A¢counling Standards (Unilcd Kingdom Gcnerally Acceptcd Accounting Practice), including
Finaiicial Reporting Stai)dard 102 'The Fiiiaiicial Reporting Standard applicable in tILe UK ￿]d Republic of
Ireland,.
In our opiiiion thc fiiiancilil 51alements'.
give a truc aiid fair view of the slate of thc charity's affairs as at 31 March 2024 and of it5 incoming
resources and application of rcsoiirccs, for tli¢ yr<U IlJ¥n ¥ndcd'
havc been properly prepared in accordancc with United Kingdom Generally Acceptd Acroiii)ting
Practice, including Financial Reporting St(indard 102 'Th¢ Financial Reporting Standard applicable in the
UK and Repiiblic of Jreland and
hayc bccii pl"¢p￿r￿ in dLcordance wirh the requiremeiits of the C.haritte.s Act 2011.
Basls for oplnion
We ¢oiiducled oiir audit in Éiccordaijce with tllt¢rnalional Standards on Auditing (IIK) (ISAS (LEK)) alld
applicable law. ()Iir responsibilities under thoJe 31undard5 atr fwiliri d¥s¢ribed in the Auditor5,
responsibililits for tlic audit of th¢ fJnl£ ncial statements scction of oiir report. We are independent of the
charity in accordance with tl)e ethical requiremcnls that are rclcvant to our audit of the financial staletnentg
in the UK, including the FRC'S Ethical .8tAnAArd, and we have fulfilled our othcr cthical rc5pviibibilili¥s in
aecordance with thcsc r¢quirciii¢iilb. W¥ bclieve Ihai Ihe audit evidence we have obtained is sufficient and
appropric1te lo providc a basis for our opinion.
rnneliisions relatinn to going eoncern
ItL audiiing the fiiiaiicial stalenieiils, we have Concluded that the trustees, use of the goiiig conccrn ba515 of
accountiiig iii thc preparation of thc fiiian¢ial statcments is appropriate.
Dascd oil tljr wurk we have perfornied. we l)ave not identified any Inaterial uncertointies r¢latins to ¢vciitS 01
eondilions Iliat, individually or collcctively, may cast szgnificant doiibt on the cl)arity's ability lo continue as
a going concern for a period of at least twelve months from when thc financial statements are authoriscd for
issue.
OLW responsibiliti¢s and ihc responsibilitics of the trustees with respcct to ¥oing concern are described in the
rel¢vant sections of thib report.
Othor informtstion
The tNstees rcsponsible for the other infomiation. The other information comprises the infonnation
included in tlie Annual Rcport. other than the financial statements and our Report of the Indepcndent
Aiiditorg tliereon.
Our opinion on the financial statements does not cover the other informalinn and, except to the extent
oihenvise expli¢illy stated in niir report, we do not expr¢ss any forrn of a55uI"aiiL¥ Lunclusion thereon.
In connection with our audit of the financial stalcmenls, our rcsponsibility is to read the other information
and, in doing so, consider whether the other information is materially inconsistcnt with tlic fintLniial
gtatements or oiir knowlcdgc obtaincd iii Ilir dudil or oihenvise appears lo be materi.Illy misstated. If we
id¢nrify such tnaterial inconsistencies or apparent material misstatcments, w¢ ai'c required to determine
whether this gives rise to a matcrial misstatenient in tlie financial statemcnts tlicmselves. If, based on the
work we have pp.rformed, we conelude that ther¢ is a malcrial iiiiss1(Il¥In¢nl of ihis other inforniatton, we are
qUIL¢LI iu report rhat fact. We have nothing tn repr)rt in this re8ard.
Pd¥¥ 6

Report of the Independent Auditors to the Trustees of
.Se.ven Kings Miiqlim F.diie.9tllbllg1 Truqt
Matters on which we are requlred to report by exception
W¢ hav¢ tLQthiLlS to r¢port in rcspcct of thc following mattcr3 whcrc thc Charities (Accounts and ReportB)
Regulalions 2008 requires u% to report to you if. in our opinion..
thc information givcn in tlie Report of thc Trustees is inconsistent in any material respect with th¢
financial statements- or
sutlicient accounting records have not b¢¢n kept. or
Ihc finaiicial statements are not iii agrcctncnl with the 2ccounting records and returns,. or
we have not rcccivcd all th¢ iiiformation and explanations wc require for our audit.
Responsibilities of trust¢¢s
As cxplaincd mor¢ l'ully in the Sialement of Trustees, Responsibilities, the trustees arc Tesponsible for the
preparation of the financial statcmenls whicli give a true and fair view, and for such inlcmal control as Ihc
tnistees determine is necessary to enable the preparslion of fin8ne.i?I st2tp.mentg that Are free fmm material
missiaiemeni, wheiher due 10 fraud or crror.
In preparing the finaiicii£ I statemeii(s, Ihe trustees are responsible for a5ses8ing the charitys ability to
iuiiliiiur db d ￿￿111¥ bVILLriii, disblusiii8, as applicablc, iiiatt¢1￿ rclatGd to conccrn and u5iiig thc going
coiicerii basis of aCCQLiiiling unless the INstees either intend lo liquid<ile the charity or to cease operations, or
havc ELO rcalislic alicrnalive bul to do so.
resp(Insihilitie4 fnr the audit of the financial statements
WL l)avL bcLli appointcd as audiloi"s iindcr SectEon 144 of the CharitlC5 Act 2011 and r¢port itt accordancc
with the Act and relevant regulation5 Illddc or having effect Ihereunder.
Our objccliv¢s arc to obtain r¢430Jiobl¢ n53urlln¢e about whether the financial statements as a whole are free
from material misstalemei)I, whether diie lo fraud or error, ai)d to issue a Report of the Independent Auditors
that iii¢ludeb our opinioii. Reasonable assiirJiice is a higli Icvcl ot assurance, bLII is not a gilar￿tee that ali
audit coiiducted iii accordance with ISAS (UK) will always detect a material misstatement when it exists.
Misstatements Can arise trom traud or error and are considered material il, individiially or in the aggregate,
thcy could reasonably be expected to influence the economie declsions of users takcn on thc basis of these
financial statctncnts.
We obtained an understai)ding of the legal and regulatory framework applicable lo the ei)tity and how the
entity is complying with that framework by discussing with managetnent and chccking compliance with
rcgulator3.
A fiirthcr description of oiir responsibilities for thc audit of the financial statcincnls is located on the
Finaniial Reporting Council's website at www.fr¢.org.uklauditorsresponsibilities. Thi5 description forms
part of our Report of Ihe Independenl Aiiditors.
Page 7

Keport fit- the Independent Auditors to the Trustees of
Seven Kings Muslim Educational Trust
Use of our report
This report is made solely lo tile charity's tNslees, as a body, ill accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the
harity'5 trustCC5 thosc mattcr5 w¢ rcquii.cd tQ 5tal¢ lo tlicin iii ali auditOl"S' l-¢POI"t aiid foi 110 otli¢r
purpose. To Ihc fullcst extent perrnitted by law, we do not accept or assutnc rcsponsibility lo anyonc oihcr
than thc charity and the charity's trustees as a body? for our audit work. for this report, or for the opinions we
have formed.
Prestons & Jacksons Partnership LLP
Sialuloiy Auditors
364 - 368 Craiibrook Road
Tlford
Essex
IG2 6HY
Datc-.
Vage

Seven Kings Muslim Educational Trust
Statement of Finnneial Activitics
for the Year Ended 31 March 2024
3113124
3113123
Unrestricted Total
fund
funds
Notes
INCOME FROM
Donatioi]s
174,446
148,327
Tnve.stmenl income
163,076
157,875
Total
337,522
306.202
EXPENDITURE ON
Raisiii¥ fwids
4J18
7,078
Charitghle. aetivitye.s
Support cost
94,623
90,963
Total
98,941
98,041
NET INLULII
238,581
208,161
RECONCILIATION OF FUNDS
Total fiu)ds broushi fonvard
3,759,101
3,550.940
TOTAL FUINDS CARRIED FORWARD
3,997,682
3,759,101
Th¢ notes fonn part of thc3c financial Statcmciits
Pagc 9

Seven Kings Muslim Educational I'rust
Statement of Financial Posltion
11 Mgrc.h 2n24
3113124
3113123
Unrestricted Total
fund
nds
Notes
FIXED ASSETS
Tangible assets
Investmcnt propcrty
974,sn7
2,255,000
9Rfj,745¢
2255,000
3.229.807
3.240,748
cttRRENT ASSETS
Debtors
Cash at bank gnd in hand
io
5,613
825,491
5,372
589,280
831,104
594,652
CREDITORS
Amounts falling due within one year
li
(63,229)
(76,299)
NET CURRENT ASSETS
767,875
518,353
TOTAL AS8F.T.q T.F.Sg CIIRRENT
LIABILITIES
3,YY7,6¥2
3,759,101
NET ASSETS
3,997,682
3.759,101
Fuf4DS
Unrestricted funds
3,997,682
3.759.101
TOTAL FUNDS
3,997,682
3,759,101
Thc financial statcmcnt5 wcI"¢ apyLvvra by lh¥ Buard of Trustees and authorised for issue on
..A.i.-..i i . La.w-......... and wcre signed on its behalf by..
LAJ
TrLlStcc
The note.s forni part of these financÈal statements
Page 10

Seven Kings Muslim Educational Trust
Notes to the Financial Statements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basis of preparing the flnancial statements ond assessment of going concern
The. accounts (financial gtatements) have been prcparcd in accordancc witli thr Siiil¥Ill¥nl of
Recomtllended Practice.. Accounting and Reportiiig by Charities preparing their accounts in
accordance with thc Fin£2ncial Rcporting Standard applicable in thc UK and Republic of freland (FRS
102) issued oli 16 July 2014 and the Fiiiancial Reporting Standard Éipplicable in the United Kingdom
and Rcpublic of ￿e{allL1 (FRS 102) (￿d the Charities Aci 2011 and UK (ienerally Acc¢pted Practice
as it applies from l January 2015.
The eccoiints (financial slalemenls} l)ave be¢n prepared lo give a 'lrue and fair, view and have
departed trom the Cliaritieq (Ar.e.oiints and Reports) Regulations 2008 only to the extent rcquircd to
providc a 'true aiid fair vi¥w'. This departure has involved following Accounting and Rcporting by
Charities preparing their accounts in accordance with the Financidl Reportiiig Standard applicable in
the UK and Republic of Ireland (FRS 102) isqiied nn 16 Jiily 2014 rather than the Accounting and
R¢portins by Chariti¢s- Statciii¢iit of Rr¥vIIllIi¥ndcd Practic¢ effeciiv¢ from l April 2VU5 which has
since bcei) withdrawn
Th? tni&tees consider that th¢re are no material unccrtaintics about tlic Trust's ubilily Lu Lunlinue as a
going concern.
Income
All iiibviiiv is rcvognised iii The Siaiemeiil ol Fiiiaiicial Activities oiice the r.hiK fTty hag eDtitlement to
the fuiids, it is probable that the income will bc receivcd aiid thc aniount l(In bc measured rcliably.
Donationb are rccognibed when the ¢harily reccive5 them.
Investni¢nt iticom¢ is reco8niscd ott receivable basis.
Expenditure
Liobilitics arc rccogJiis¢d IL) fAp¥nditure as soon as there is a legal or constructive obligation
comtnitting the charity lo that expeiiditure, it is probable that a traiisfer of economic benefits will b¢
I¥Liuircd in seitlement and the atnounl ot" the obligatinn r..In be me2£ sured reliably. Expenditure is
2ccounted for on an accruals ba515 and ha5 brrjj LldbSifi¢d linder headings that aggregate all cost
rclated to the ¢alegory. Whcre costs carLnot bc directly attributed to partiriilar headings they havc
bcen allocatcd lo activities on a basis Gonsislent with the use of resources.
Taii¥iLpl¢ fixed a5se(s
Tangible fixed ass¢ts are stated at historical cost Icss accumulaled dcprcciation and any accumulated
impairtnent losses. Historical cnst ineliide.s e.xpenditure that is directly attributable to bringins th
assct to th¢ location aiid Vuiiailiuii Il¥L<Sbary for it 10 be Capable ol operating In the manner intendp.d
by management.
Depreciatio[] is charged so as lo allocate the cost of assets less their residual value over their
estimated ugeful lives. using cithcr a straight linc or i"¢duLiii¥ bdl<illCC meihod, as indicated below.
D¢preciation is provided on the followin¥ basis=
Firrliuld Building - l % Strai%hi Line
Fixtures and fitlings are slated al cost and d¢prcciat¢d al 150/0 on Straight Line Method.
Page 11
continued...

Seven Kings Muslim Educational Trust
Notes to the fiinancial Statement5- continued
for the Year Ended 31 Mareh 20?4
ACCOUNTING POLICIES- continued
Tanglble nxed assets
Th¢ a%s¢is' rcsidual values. useful lives and dcprcciation methods are reviewed, and adjusted
prospectively if appropriate. or if there is an indicalion of a Significant change sin¢¢ th¢ last reporting
datc.
Gdins and losses on disp05als are determined by comparing the proceeds with the carrying
amount and arc recognised in profit or loss.
Investment property
Investm¢nt propcrty is shown at fair value. Any aggregate siirplus or deficit arising from changes in
fair value is transfcrred lo the SOFA.
Related party
The charity dibcloses related party tranbactions in thc notes to Ihe financial statements.
Taxation
Thc charity is exempt from tax on its charitable activilies.
Fuiid aLLvuJIIiiJ¥
Untcslricted funds can be used in accordance with the charitable objectives at the dis¢r¢lion of the
trnst¢¢s.
Restricted funds can only be used for particular restricted pitrpotses within the objects of the charity.
Rebtriclionb aribc when specified by the donor or when fund5 are raised for particular rcstricted
purposes.
Further explanation of the nature and purpose of each ￿nd is included in th¢ notes Iv Ihc financial
stalemcnts.
Debtors
Basic fLnancial assets, including trade and other debtors, are initially rccognised at transaction pricc,
unlcss tlic arrangcmcnt constitutes a financing transaction, where th¢ tronsaction is measur¥d at thc
present value of the flltllre receipts di.qr.niintp.cl Jt a Thirket rate of interest. Such assets are
sub5CqUClltly rthi&rd ill uiiuI lib¥LI uusL usill¥ th¢ cffecllve interest mcthod, less any impairment
Creditors
Elasic tinancial liabilities, including trade and other creditors, loans from tliird parties and loans from
relaied parlivs, arc initially recogni5ed at transa¢tion pricc, unless the arrangcment constitutes a
financiny transaction, where the debt instrument is m¢asured at thc prc3¢nt valuc of thc ￿tur
paymenis discounted at a market rale of Interest. buch instruments are subsequently carried at
amorlised cost using the effe¢tivc intcrcst method, less any impairm¢nt.
K¢y Maua¥J¢iIi¥Jil Persvnnvl
Key mana8ement personnel of the charity are the Board of Trustees.
Comparative figures
.nmp¢lrAtive. fi￿]res are not aiidited.
Page 12
cnntinlled._-

Seven Kings Muslim Educational Trust
Notcs to the Finaneial Statements- continued
for tlie Year Ended 31 March 2024
INVESTMCNT INCOME
3113124
3113123
Rents receivable
163,076
157,875
RAISING FUNDS
Investment monagement costs
3113124
3113123
Property rcpairs & Agcnl fccs
4,318
7,078
AUDITORS, REMUNERA TION
3113124
3113123
Fces payable to the charity's auditors for the audit of the charity's
finan¢ial Slalements
TRUSTEES, REMUNERATION AIYD BENEFITS
The tNst considers ils key management personal compmmise of the trustee5.
There were no trugtees, remuneratioii or other benefits for the year ended 31 March 2024 nor for th
year cnded 31 Marcli 2023.
Trustees, expenses
Thcrc were no truslccs, expenses paid for the year ¢ndcd 31 March 2024 nor for the year end
31 March 2023.
iTAFF COSTS
3113124
3113123
Wages and salaries
33.932
37.520
33,932
37,520
The average monthly number of employees during the year wa5 a5 follows..
3113124
3113123
Charitable Activities
Nu ¥iIipluy¥¥s received emoluments In excess of £60,000.
Page 13
continued...

Seven Kings Muslim Edlleational Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 31J.2023
Unr¢stri¢t¢d
fund
INCOME FROM
Donations
148.327
Investtnent income
157,875
Total
306,202
F.XPF.NnTTIIRE ON
RdiSin¥ funds
-I,V714
Ch2rltable Activities
Support cost
90,963
Total
98,041
NET INCOME
208,161
RECONCILIATION OF FUNDS
Total funds brought fonvard
3,550.940
TOTAL FUNDS CARRIED
FORWARD
3,759.101
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Frcehold
property
Totals
COST
At l April 20?3 and 31 March 2024
1,040,000
10,524
1,050,524
DEPRECIATION
At l April 2023
Charge for year
61,8S5
9,800
2,921
1,141
64,776
10,941
At 31 March 2n24
71,655
4,062
75,717
NET BOOK VALUE
At 31 Mar¢h 2024
968,345
6,462
974,807
At I l M2rr.h ?.0?.3
978,145
7,603
985,748
Page 14
c.ontiniied...

Seven Kings Muslim Education21 Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
INVESTMENT PROPERTY
FAIR VALUE
At l April 2023
and 31 March 2024
2,255,000
NET BOOK VALUE
At 31 March 2024
2,255,000
At 11 March 2021
2,255,000
The investments properties were revalued by the tnI%tep.q At f￿1r v?liie..
10. DEBTORS: AMOUNTS FALLING DUE IVITHIN ONE YEAR
3113124
3113123
Other debtors
Prcpayments
1,868
3,745
2.116
3.256
5.613
5,372
11. CREDITORS: AMouf4TS FALLING DUE WITHIN ONE YEAR
3113124
3113123
Taxation and social seciwity
Other creditors
1,280
61,949
2,178
74,121
63,229
76,299
12. MOVEMENT IN FUNDS
Net
movement
tunds
At
3113124
At 11412J
Unrestricted funds
Gcii¢i"al fulia
3,759,101
238.581
3,YY7.6142
TOTAL FUNDS
3,759,101
238,581
3,997,082
Page 15
continued...

Seveii Kijjgb Musllm Educational Trust
Notes to the Thnancial Stateinents - continued
for the Year Lnded 31 March 2024
12.
MOVEMENT Ir4 FUNDS- continued
Net rnovemcnl in SJnd5, includcd iii tlir 4ibuv¥ as follows:
Incoming Resources Movement
resources
expended
in fiinds
Unrestricted funds
Gcneral fiind
337,522
(98.941)
238.581
TOTAL FUNDS
337,522
(98,941)
238￿81
Compar#tive5 for movement in funds
Net
movement
in fiTnds
At
3 113123
At 114122
UnrestrRcted fund5
General fund
3.550.940
208,161
3.759,101
TOTAL FUNDS
3,550,940
208,161
3.759.101
Comparative net movemcnl in funds, included in the above are as follows..
IncominR Resources Movement
r¢sources
exp¢Iided
in funds
Unrestricted funds
(Jcneral tund
306,202
(98,041)
208,161
TOTAL FUtYDS
306,202
(98.041)
208,161
Page Ib
continued...

Seven Kings Muslim Lducational'l'rust
Notes to the Financial Stateinents - continued
fnr the YcJAr Ended 31 Mareh 2024
13. RELATED PARTY DISCLOSURES
Ollr uf ilir IIubl¥¥ Mr. H. Valli is conn¢¢red 10 Ihe esiaie agent who manage one ot the property.
During the year £4,318 (2023.. £2,220) was paid as ¢onunission.This was an arms length agreemcnl.
14. KARZE HASNL LOAN
In¢luded in otlier crcditors is £56,000 (2023.. £67,300) Karze Hasne Loan. These are interest free
loans from the commuiiity which are repaybale on demand
Page 17

Seven Kings Muslim b:duc2tinng1 I'riiqt
Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
3113124
3113123
COME
Donation5
Donations
174,446
148.327
Investment Income
Rcnts receivable
163,076
157,875
Tot41 Incomlng r¢source5
337,522
306,202
EXP£4 NDITURE
Investment management costs
I roperty repairs & Agcnt fees
4,318
7,078
Charitable activities
Wages
Freehold property
33,932
10,941
37.5?0
11,142
44,873
48,662
Support Costs
anagement
Rates and water
Insurance
Light and h¢at
Telephonc
Cleaning
Equipment expense5
General Repairs
7,774
6,122
12,057
2,319
320
S,320
11,744
4,780
6,741
6,624
2,197
5,969
47R
13,090
45,656
39,879
Flnanee
Bank charges
350
Gvv¥I"JJliIlL¢ Lus1
Auditors, remuneration
Independent Examinevs Fees
Accountancy fccs
1,800
2,072
2,294
4,094
2,072
This pagye does not forni part of the $th￿tOry f￿anCIal statcments
Page 18

Seven Kings Musltm Educational Trust
Detgiled Statement of Financiol Aetivitics
for the Year Ended 31 March 2024
3113/24
3113123
Total rcsources ¢xpcnded
98,941
98,041
r4et Income
238,581
208,161
This page does not forni part of thc statutoi"y fuiilllLliiL èil£ltemenrs
Page 19