Charity number: 299838 BAGH-EQEHRA TRUST R•port of the Trustea• and Unaudited Flnancial Statements For the year endod 31 March 2023
BAGH1EHRA TRUST Contonts Pagè For the year ended 31 March 2023 R8Wt ofthe Trustees 1to2 Indep* Exarrmnerfs Rewtto the Truskes statem of Finarwl ALe$ Slatement of FinaTrial Posilion 61010 Detsifed Slatemert of FinanLial Adi¥ilies
BAGHEHRA TRUST Report of the Tfuste For the year ended 31 PAarch 2023 The Tnjstees have pleasure n presentry their Teimyt Ihe financial statements for the charity for the year ended 31 March 2023. The Tvustees have adopted the prow"sions of Accounbng and Reporting by Chantse& SLitement of Recommended PraCts" appIable to pyeparing their accounts in accordance vAth the Financial Reporting Standard appliobk in the UK and Ihe ReWic of Ireland {FRS 102) leffeclive 1 January 2019}. OWECTIVES AND ACTivmES ObJ•ct5v•s and alms The main purpose of Ihe Trust is the wovision ol funeral se$ and 1viouS burial rites for the Muslim community. Muslim8 from all backgrounds and orwJin$ are W1¢0 to Conta us. We manage tsvo burial ground plots.. lil 8agh+Zehra hxated in BrOOkr Cemetery. Wokn"rwJ and lil) J811 Baqi located in Gfftnacres Kerr1 Park Centery, Chi8thursL The Truste¢$ arrange s1 annual functKfflS. t¥rt) al eath to ComemOrate auspcious religKug day5 and gather the e>)mmLmty to pay Iheir resFects lo deceased relab"ves. The Trustees are responsibl• for continuous imw)vement aTrJ mainlenarKe of the burial grounds. Stat•Ml on publk IMn•fft Thè Trustees have con8idwed the Chafrty C(MIS1on'8 guidance on pullic benefft. induding the guidance 'public benefft.. njnning a ¢hanty {PB21'. FIIIANCIAL REE The Trust received dOnatn$. bank inlwe81 and re¢ded woceedl from sales of plots lotalling £114,486 dunn9 thé year. Total OLrtwrwJ re%ree9 amount ta £11X.L1 of £102,145was exwnd¢d on direct haritable ath"wtiés and £3.916 on th8 wnning costs. Totsl availae fvnds at 31 2023 arrthinted to £81,437 The Trustees are Satisfied that the Trust's actiwliés ring thè period have met their objective8 and are s•ti8ffled wrth the financial al the wi(¥l Ond. RESERVES POLICY Thé Trustees have revie4¥ed the Trusf8 neéds fry rewv•s in Ilne with guldance Issued ty the Chanty Commission 11t the lem) 'regerves" descnbes Ihat part of a charity's incom8 fiJnd$ that 18 freely 8vailable for general purposes at the trugtee$' discrebon in furthorwu of any olts chavity's oble(v¢J. STRUCTURE, GOVERNANCE AND MANAGEMEMT Gov•rnlng documont BaghZehra Trust is a ¢harilablè trust wistered V•th Ihe Charty C(KnOn in Novem1 1988under charity number 299838. 1118 w¥erned by a deed of tn Organisati¢)n strture and ACtiv"e1 The chanty Trustees are responsible ftw the ger1 ctyrtfd and managerr( of the charity. Thè trustees give thelr tsme freety arKI recer¥e no remuner¥tKrf) or other f11 beneffts. The TNstees meet as • body annualty and We for all deaon3 taken in relation to the management ol their fur*ral rdated sor¥Keg to the UK Mu81im corThnurwty. Risk Managemènt Pol The Trustees confimi that they and revitrw on an annual IM5is the maior risks to wthich the chanty ig trxposed. During Ihe year an a01 risk a8sesgment carried out On 9ovemaneè. fvndraising, operations, information techn09y. finances aTh1 legal compliance. 1c111
8AGH44EHRA TRUST Report of th• Trn8ts•8 Contlnwl For th• yw •nd•d 31 Il¥¢h 2023 PAncSpal •ddre•• GLL&CO Y11A 2DG 20111
BAGMEHRA TRUST Indopondent Examiners Report to tho Trustees For the year endod 31 Alarch 2023 I report to the Iwstees on my examirbakn ofthe acuLnts olthe thawty fur the year ended 31 March 2023. Re•pon•ibilNiM and basls ol i•port As the charity trustees. are resFKfflble for the prep1 of the accounts in accordance wth the requirements of Chanlies Acl 2011 (Ihe 2011 W. I report in fespect of my examinab.on of ts tharitys &cntS Caled cvJt under section 145of the 2011 Act and in carrying out my exanwnab.on I have foltsAJ all the dnclions given by the Chanty CoMmissn under Sec 14515)Ib} of the A Ind•pond•nt •Mmln•r• •t•tsm•nt I have ¢ompleled my examinabon. I confinn that r matters ve to my attenti¢)n in 0)nrlIon the examination giwng me cause lo Ixlieve Itt in fflate re8peL 1. Accountsng reeord$ were not kept in re¥)e of the Chanty •• required by ge¢btyTr 130 of the 201 l Act,. or 2. The accounts do not accor(I vith thoge records.. c 3. The accounts do not eompty %Mth the aPFAuble requirements Ihè form arKI Caleft1 of accounts set out in the Chathes IAttwnts and Reports) Regulab"¢)ns 2008 other than any requirement that the accounts gNe a and fair ¥thich a matter consthred 88 part of an inPendent examinatson I have no concems and have come across no other matter8 in C0nret with the examination lo V*thich attention Should be dravm in thi$ report in Ixder to enable a proper understanding of the accounts lo be reached. GILL & CO 94 Heston Road Houn81ow London rn5 OQP 28 Junè 2024 3of11
BAGH-ZEHRA TRUST Statement of Financial Activities For tho year ended 31 March 2023 Unrn8trf¢tg d fund¥ 2022 Incorn• and ondowm•nts from: Donations and legaoes Charrtable aCtIve$ Asgnment of Plots Investments Bank interest receNab Total 6,751 12.592 107,665 119,903 50 114A66 132A98 Exp•ndllurn on: Raising fund8 Costs of generating donations and legaues Charftable activiti'es Assignment of P Tol•l (24,677) 117,290) 185.8001 1110,4771 1101,4001 1118,6981 N•¢ In¢omo R•¢oncillation of fvnd• Total hJnd$ brought loprd Total lund• ¢•rrl•d forw*nl 3.989 13.800 77.448 81.437 63,648 77,448 4of11
BAGH*4EHRA TRUST stst•m•nt of Flnancl•l Posltlon As at 31 Mwch 2023 2022 6.733 n3 11,148 11.148 10 167,LiXI 174.800 1.351 11 Cash at bk and kn har¥J 40.143 199,240 12.4CQI 12 I2.9))
J5.fj44 ijn (130.9401 Total l•s• Jt Uablllll¥ 196,640 207.988 1130,5401 13 81A37 The fund* ollh• ¢lxrtty 14 81.437 81,437 77,H8 Mr Safdarm" TNsl¢e 28 JLTh 3)24 5d11
BAGH-ZEHRA TRUST Notes to the Financial Statements F¢y tho year ondod 31 PAarch 2023 1. Accountmg Polici B•$l¥ of •¢¢ounting The financial staterrts have been wepared under the historical ts)st convention, excepl for investrnents ich are inclu¢Jed at market value and the revaluation of certain fixed assets and in accLJrdan¢e wlh the Charities SORP (FRS 1021 'Accounting and RerrtKb"ng by Chariknes.. Ststement of Recomrnended Prath'ce applit2ble to chantses preparing their accounts in &cordance wth the Financial Reporting Standard applicable in UK and Republ of IrelaNI {FRS 1021 leffecve 1 Jwbuary 20191. and the Charities Act 2011. BAGH-E-ZEHRA TRUST meets the definilion ofa w11¢ benefft entrty under FRS 102. Assets and liabilities are inthally WniSed al historical cosl or transaction value unless otheNise ststed in the relevant a(xounting policy notels). Tanglbl• fix•d •sets Tangible fixed assets. ¢)ther than freehobd land, are slated at cost or valuabon bss deprerialion and any provision for impairment. DeFeoatson is provided at rs caltated to vKite off the cost or valuation of fixed assets. less their ests"mated residual value, over thr expected usefvjl lives. Sto¢k8 •nd work in Stocks a valued at the lotr of $¢ aThJ net realisae vakn& after maknng due allowa for obsolete and 0W Mon9 items. Cost indudes al threct $ts and an approprie proporb.on of fixed and variable overheads. 2. Incom• frtyn donal10 and lty•¢l 2023 2022 Unrnstrlcted funds Donations received 6,751 12,592 6,751 12,592 3. Incom• from ¢ha(ftable acllv 2023 2022 Unrn•tricted fvnds Assunment ofPkJts Prc¢eeds from assignment of plots 107,665 119,903 6of11
BAGH-ZEHRA TRUST Not08 to the Financial Statemènts Continuad For the year ended 31 IAarch 2023 2023 2022 Unrnstrictod funds Bank interest receivable 50 Expendliure on g•nernting donations l•ga¢ 2023 2022 Unrestricted funds Support costs 24.677 17,298 24.6TI 17,298 6. Cwts ol charitsbl• actlvltl•s by fvnd type 2023 2022 Unmtslet lund¥ A¥¥ignm•nt of Plots Direct cost 85.800 85.800 101,400 101,400 T. Costs of charilabl• a¢llvlllp• by actsvity typ• 2023 2022 Aetl¥ll1 undertaken dir•cty A$gnmenl of Plots 85,800 101,400 7of11
BAGH-ZEHRA TRUST Notes to the Financial Statements C¢)nlinuod For the year ended 31 March 2023 8. Anal1¥ of supportcosts 2023 2022 V¢lurtsry In¢om• Support cost Events Expenses Elethcty & Water Ground clearance Toilet hFre & SerVng Charitable donation$ Sundry expenses 3,070 1,053 1,800 1,491 9,720 1.145 18.279 2,152 687 1,800 630 4.511 2,678 12.458 Governane• costs Independent Examinets fees Bookkeeping softMRre Depreciation of 0¥ed assets 1.700 1.200 283 4,415 3,640 6.398 24,677 17,298 9. Tanglbl• fixed Mets Plant and Machinery Fixtures and Fittings Cost or Valuation Total At 01 April 2022 At 31 March 2023 3,531 3.531 19.122 19.122 22,653 22,653 D•prn¢lati(•n At 01 April 2022 Charge lor year Al 31 Mareh 2023 Net book values 2,156 9,349 11,505 275 4,140 13A89 4.415 15,920 2.431 At 31 March 2023 5.633 6.733 At 31 March 2022 1.375 9.773 8of11
BAGHERA TRUST Notss to thè Financial Statements Conlinued For the year erKled 31 March 2023 10. Stocks and wortt In progrM• 2023 2022 Long.temi Contra balances 167,000 174,800 167.000 174,800 11. D•btorn 2023 2022 AM(nts du• tlthln on• y••r. Prepayments and awued i 1,351 1,351 1.351 1,351 Amounts du• •ft•r morn than ¢yw y•ar. Othef fjebtors 50 600 600 12. Crndltorn: •mounts f•lllng du• Tlthln ¢yb• y••r 2023 2022 2.900 2,400 2AOO 13. Cr•dllor•: •mounts hlllng du• aft•r morn th•n on• y••r 2023 2022 Other crnditors 130,940 130.yo 130.940 130,540 cditorS indle the follo*ing'. Long lemi creditor IPlot$l Personal Funeral Expenses Advances £123.250 12022.. £123.250) £7.690 12022.. £7,290) 9of11
BAGH-ZEHRA TRUST Notss to the Financial Statements Conlinul For the year ended 31 March 2023 1& Pkn•m•nt In lund• Unmtrlcl•d Fund¥ Balanc• •1 0110W2022 In¢¢Nning r•SOu Outgolng Balanc• at rn•ourcK 3110312023 Genero1 General 114,486 {110,477} 81,437 nM48 114A66 1110.4771 81.437 Unrn•trl¢t•d Fund•- Pr•vlou• y•ar 8*lance at 0110412021 In¢omlng Outgolng MrCe• rn•ourc Balanc• It 3110312022 Genernl General 63.648 132.498 (118,6981 77,448 63.640 132,498 1118,8981 77.448 15. Aty1 ol n•t a•••ts (w•• fvnd• Tanglbh N•t currnDt er•dttorn > N•t A•••t• fix•d ••wts i on• ywr Unrn•trlcl•d fund• Gener81 ral 6,733 205.644 1130,9401 81,437 6.733 20&644 1130.9401 81A37 Pr•vlou• y••r T•n9lbl• Il•t ¢m•nt cred > N•t A•8•1• Unrn•trlcl•d fund• Genernl General 196,840 1130,5401 77,448 196.840 1130.640) 77.448 10of11
BAGEHRA TRUST Detailed SLitement of Financial Athibes For the year ended 31 March 2023 2023 2022 INCOME AND ENDOWMENT Donation5 and legacies Donations 6.751 12.592 6.751 12.592 Charitsbb aeti¥iti Pr(Keeds From AssKJrMrnt or Plots 107,665 119.903 107.665 119,903 Inveslments Bank Interest Receivab 50 Total incoming rnsources EXPENDITURE Charltabl• actlvlll•s Cost 01 Direct Chafitsble Athity 114.466 132A98 185.8001 {101,4001 185.81XII 1101.4001 SUPPORT COSTS Support ¢ost Events Expenses Electriaty & Water Ground Clearance Toilet Hire 8 servIng Charitable Donati¥ SurKlry Expenses 13,0701 11,0531 11,8001 {1,4911 19.720 11,145) 12,1521 18871 11,8001 18301 14.5111 12,6781 118.279) 112.4581 Gov•man¢• costs Independent Examiners Fees B¢)okkeeping SOfAre 11,7001 12831 14.4151 (1,2)} {3,640) 16.3981 {4.8401 Total resources •xpended {110,4771 1118.6981 Net Incom• 3.989 13.800 11 of 11 This page does not form part ofthe siatutryy financial stments