Charity number.. 299838 BAGH-E-ZEHRA TRUST Report of the Trustees and Unaudited Financial Statements For the year ended 31 March 2021
BAGH-E-ZEHRA TRUST Contents Page For the year ended 31 March 2021 Report of the Trustees 1102 Independent Examiner's Report to the Trustees Slalemenl of Financial Activities stalemenl of Financial Position Notes lo the Flnancial Slalements 6t011 Detailed Slalemenl of Financial Acliwlios 12
BAGH-E-ZEHRA TRUST Report of the Trustees For the year ended 31 Ivlarch 2021 The Trustees have pleasure in presenting their report and the finanaal slalemonls for the charity for the year ended 31 March 2021. The Trustees have adopted the promsions of Accounting and Reporting by Charilie Slalemenl of Recommended Practice applicable lo charities preparing their 2¢¢ounls in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland IFRS 1021 leffeclive 1 January 20191. OBJECTIVES AND ACTIVITIES Objectives and aims The main purpose of the Trust is the provision of funeral services and religious burial riles for the Muslim community. Muslims from all backgrounds and origins are welcome lo contact us. We manage two burialj.lbty ground plots.. {il 8agh-e-Zehra located in Br(x)kwood Cemetery, Woking and lill Jannal-al Baqi located in Greenacres Kemnal Park Cemetery. Chislehursl. The Trustees hold two semi-annual functions lo commemorate auspicious rtrligious days and gather the commLJnlty lo pay their respects lo eaSed relatives. The Trustees are responsible for continuous improvement and maintenance of the burial grounds. Statgment on public b&neftt The Trustees have considered the Charity Commision's guidan on publlc benefit, induding the guidance 'public benefit.. running a charity IPB21'. FINANCIAL REVIEW The Trust received donations, bank interest and recorded proceeds from sales of plots lolalling £176,625 during the year. Total outgoing resources amount lo £149,750of which £147,872was expended on direct charitsble activities and £1,878 on the running costs. Total available funds al 31 March 2021 amounted lo £63,648 The Trustees are satisfied that the Trust's activities during the peri(xl have mel Ihoir objectives and are satisfied with the financAal position al the period end. Reserves Policy Th8 Trustees have reviewed the Trusts needs for reserves in line with guidance issued by the Charity Commission where the term 'reserves describes that part of a charity's income funds that is freely available for ils general purposes at the Iruslees, discretion in furtherance of any of the charitls obje¢ls. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document Bagh-e-zehra Tnjsl is a charilable trust registered with the Charity Commission in November 1988under charity number 299838.11 is governed by a deed of Irusl. Organisation Structure and Activities The Chaiily Trustees are spOnsible for the general control and management of the charity. The Iruslees give their lime freely and receive no remuneration or other financial benefits. The Trustees meet as a body annually and are responsible for all decisions taken in relation lo the management of their funeral relaled services to the UK Muslim community. Risk Manag6m8nl Policy Tho Truslees ¢onfirm that they identify and review on an annual basis the major rlsks lo which the charity is exposed. During the year an actual risk assessm&nl was carried out on governancg, fundraising, operations, information technology, financ.es and legal complianGe. 1 of12
BAGH-EQEHRA TRUST Report of tho TstgeS Conllnued For thè year ended 31 March 2021 REFERENCE AND ADMINISTRATIVE INFORMATION Nam8 of Charity Charlty r8gistraUon numbgr Principal addra$ BAGH-E-ZEHRA TRUST 299838 68 Qu8ensway Bayswater London W2 3RL TrustèÈ¥ The trustees and officers serving during the year and Slrbce the year end weré as follows.. Mr Safdar All Mr Asact Shal Mr Syed Ilyas Bin Azam Indepondent examln8rs GILL & CO 94 Heslon Road Hounslow London TW5 OQP Banker8 Natwesl Bank st James'¥ & Pi(xadilly bran¢h Piccadilly London W1A2DG Approved by the BoBrd of TFUStees and signed on its behalf by 15 July 2022 Mr88fd8r'AIi" """""'"'"'""""""'"'"" . 2of12
BAGH-E-ZEHRA TRUST Independent Examiners Report to the Trustees For the year ended 31 March 2021 I report to the Iruslees on my examination of the accounts of the charity for the year ended 31 March 2021. Responsibilities and basis of report As the charity Iruslees, you are responsible for the preparation of the acGounts in accordance with the requirements of the Charities Aol 2011 I'lhe 2011 Act,). I report in respect of my examination of tha charills accounts carried out under seclion 145of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commisslon under section 14515llbl of the Act. Indepèndènt examiners statement I have compl618d my examination. I confirm that no mallers have come to rny allenlion in connection with the examination giving me cause lo beliève that in any material respect.. 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act,. or 2. the accounts do not accord with Ihose records,. or 3. the accounts do not comply with the applicable reouiremenls concerning the form and conlenl of accounts sel out in the Charities (Accounts and Reports) Regulallons 2008 other than any requirement that the ac¢ounls give a 'lrue and fair vleW whlch is not a matter considered as part of an independent examination. I have no ¢on¢&rns and have come across no other matters in ¢onneclion with the examination lo whld) allenlion should be drawn in this report in order lo enable a proper understandSng of the accounts to be reached. GILL & CO 94 Heston Road Hounslow London TW5 OQP i E/7/3 3of12
BAGH-E-ZEHRA TRUST Statement of Financial Activities For the year ended 31 March 2021 Notes Unr85tricte d funds 2020 Income and endowments from- Donations and lega¢i¢s Charitable activities Assignment of Plots Investments Bank interest recelvable Total 28.421 4.496 148,179 43,200 25 49 176,625 47,745 Expenditure on.. Raising funds Costs of generating donations and legacies Charitable activities Assignment of Plots Total {22,2551 112,7151 617 1130,6101 1152,8651 139,4401 152,1551 Net incomelexpendlture ReconcSllation of funds Total funds brought forward Total funds carrled forward 23,760 14,4101 39.888 63,648 44.298 39,888 4of12
BAGH-EIEHRA TRUST Slatoment of Flnan¢lal Positlon As at 31 March 2021 2024 2020 Flxed assèts Tangible assets 12,603 12.603 9,072 9.072 Cwrènt assets Stocks Debtors= amounts falling due within one year Debtors= arwunls falllng due after more than one year Cash at bank and in haftd 12 13 13 213.200 1,351 10,578 185,056 410,185 {228.600) 83.810 1.351 17.348 60.837 163,346 11,200) Cr•dltor¥: amounts falllng duo wlthin one year Net cuYr•nt assets Total assats less current Ilabmitlès Cr•ditors: amounts fa115ng duÈ after more than one year 14 181,585 194,188 j130.540) 171.218 1131.330) 15 Ngt assèts 63,648 39.888 Tha fvnds of th& charlty Unrestricted income funds Tof•Ffu"rids 16 63,648 63.648 39,888 39088 The financial statements were approved and aulhoris8d for Issue by the Board and signed on Its behalf by: Mr Saidaf Ali Trustee 15 July 2022 5of12
BAGH-E-ZEHRA TRUST Notes to the Financial Statements For the year ended 31 March 2021 1. Accounting Policies Basis of accounting The financial slalements have been ppared under the historical cost convention, 8x¢epl lor investments whi¢h are included al market value and the revaluallon of certain Ilxed assets and in accordance with the Charities SORP IFRS 1021 'A¢counling and Reporting by Charities.. Statement of Recommended Practice applicab5e lo charities preparing their accounts in accDrdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffe¢live 1 January 20191, and the Charities Act 2011. BAGH_E_ZEHRA TRUST meets the definillon of a publlc benefit enlily under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless otherwise slated in the relevant accounting policy nolelsl. Tanglble fixed assets Tangible fixed assets, other than freehold land, are slated al oosl or valuation less depre¢iation and 8ny provision for Impairment. Depreciation is provided al rates calculated lo write off the cost or valuation of fixed assets. less their estimated residual value, over their expected useful lives. Stocks and work in progress Stocks a valued al the lower of Cost and nel realisable value after making due allowance for obsolete and slow moving items. Cost Includes all dlrecl costs and an approprlale proportion of fixed and variable overheads. 2. Income from donatlons and lègacles 2021 2020 Unreslrlcted funds Donations reiVed 28,421 4,496 28,421 4,496 3. Income from charitable activities 2021 2020 Unrestricted funds Assignment of Plols Proceeds from assignment of plots 148.179 43,200 6of12
BAGH-E-ZEHRA TRUST Notes to the Financial Statements Continued For the year ended 31 March 2021 4. Investment income 2021 2020 Unrestricted funds Bank interest receivable 25 49 25 49 5. Expenditure on generating donations and legacies 2021 2020 Unrestricted funds Support costs 22,255 12,715 22,255 12,715 6. Costs of charitable actlvltlès by fund type 2021 2020 Unrestricted funds Asslgnm8nt of Plots Direct cost 130,610 130,610 39,440 39,440 7. Costs of charitable actSvitiès by activity type 2021 2020 Activities undertaken directly Assignment of Plots 130.610 39,440 7of12
BAGH-E-ZEHRA TRUST Notes to the Financial Statements Continued For the year ended 31 March 2021 8. Analysis of support costs 2021 2020 Voluntary Income Support cost Events Expenses Electricity & Water Ground clearance Toilel hire & Servicing Charitable donations 1,055 S66 534 1,800 144 1.800 528 12,705 2,757 17,940 6,088 473 Sundry expenses 10,510 Governaneè costs Accountancy fees Depreciation of owned assets 1,200 3,115 1,200 1,005 4,315 2,205 22,255 12,715 9. Net incomellèxpendllurel for the year This is slated after chargingllcredilingl.. 2021 2020 Depreciation of owned fixed assets A¢¢ountancy fees 3,115 1,200 1.005 1.200 10. Comparative for the Statement of Financlal Activities The ¢omparalive year values on the Statement of Financial Acllviles are for unrestricted funds. 8of12
BAGH-E-ZEHRA TRUST Notes to the Financial Statements Continued For the year ended 31 March 2021 11. Tangible fSxèd assets Plant and Machinery Fixlures and Fittings Cost or valuation Total Al 01 April 2020 Addilions At 31 March 2021 2,558 11,264 6,646 17,910 13,822 6,646 20,468 2,558 Depreciation At 01 April 2020 Charge for year At 31 March 2021 Net book values 1,842 2,908 2.973 5,881 4,750 142 3,115 7,865 1,984 At 31 March 2021 574 12.029 12,603 At 31 March 2020 716 8,356 9,072 12. Stocks and work in progress 2021 2020 Long4erm contract balances 213,200 83,810 213,200 83,810 Stocks represent plots purchased by the charity for assignment lo the community members for pre-purchase or on-demand funerals al Janal-81-Baqi cemetery. 13. Debtors 2021 2020 Amoun15 due within one year.. Prepaym6nls and accrued income 1,351 fj,351 1,351 1,351 Amounts du& after more than one yéar: Other debtors 1 D,578 17,348 10,578 17,348 9of12
BAGH-E-ZEHRA TRUST Notes to the Financial Statements Continued For the year ended 31 March 2021 14. Creditors.. amounts falling due within one year 2021 2020 Other creditors 228,600 1,200 228,600 1,200 15. Crèdltor$: amounts falling due after more than one year 2021 2020 Other creditors 130,540 131,330 130,540 131,330 Creditors include the following.. Long term creditor (Plolsl Ptsrsonal Funeral Expenses Advances £123,250 12020.. £123,250) £7,290 12020-. £8,080) 16. Movèment in funds Unrestricted Funds Balance at 0110412020 Incoming resources Outgoing resources Balance at 3110312021 General General 39,888 176,625 1152,8651 63,648 39,888 176,625 [152,8651 63.648 Unrestrlcted Funds - Prevlous year Balance at OIIQ412019 Incoming rasources Outgoing resourc6s Balance at 3110312020 Gener81 General 44,298 47,745 {52,1551 39,888 44,298 47,745 152,1551 39,888 10of12
BAGH-E-ZEHRA TRUST Notes to the Financial statements Continued For the year ended 31 March 2021 17. Analysis of net assets between funds Tanglble fixed ass8t8 Net current Creditors > assets I one year Net Assets Unrestricted funds General General 12,603 181,585 1130.5401 63,648 12,603 181,585 1130,5401 63,648 Prevlous year Tanglblè Net tilTrent QdItorS > ftxed assets assets I one year Net Assets Unrestricted funds General General 9,072 162,146 1131,3301 39,888 9,072 162,146 1131,3301 39,888 11 of12
BAGH-E.ZEHRA TRUST Detalled Statement of Financial Activities For the year ended 31 March 2021 2021 2020 INCOME AND ENDOWMENT Donations and legacles Donations 28,421 4,496 28,421 4,496 Charitable activities Proceeds From Assignment Of Plots 148.179 43,200 148,179 43,200 Inv8stm&nts 8ank Interest Receivable 25 49 25 49 Total incoming resources EXPENDITURE 176.625 47,745 Charitable activities Cost Of Direct Charitable Activity 1130.610) 139,440) 1130,6101 139,4401 SUPPORT COSTS Support cost Events Expenses Electricity & Water Ground Clearance Toilet Hire & Servicing Charitable Donations Sundry Expenses 11,0551 15661 11,800) 15281 16.0881 14731 15341 11,8001 {1441 112,7051 12.7571 117,940} 110,5101 Governanc6 costs A¢counlan¢y Fees Depreciation 01 Owned Assets 11,2001 13,1151 11,2001 11,0051 14,3151 12,2051 j52,155j {4.4101 Total resources expended 1152.8651 Nèt Incomè 23.760 12of12 This page does not form part of the slalulory financial slalemenls