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2024-04-05-accounts

Charity registration number 0328072

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

R Walker T Day-Couzyn E Vaughan-Lee C Vaughan-Lee

(Appointed 1 August 2023) (Appointed 1 August 2023)

Charity number 0328072

Principal address 5 Brayford Square London E1 0SG

Independent examiner

RDP Newmans LLP Lynwood House 373-375 Station Road Harrow Middlesex HA1 2AW

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

CONTENTS

Page
Trustees' report 1 - 2
Independent examiner's report 3
Statement of financial activities 4
Balance sheet 5
Notes to the financial statements 6 - 11

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

TRUSTEES' REPORT

FOR THE YEAR ENDED 5 APRIL 2024

The Trustees present their report and accounts for the year ended 5 April 2024.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the trust's deed, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)

The Trustees have complied with the duty in Section 17 (5) of the 2011 Charities Act to have paid due regard to guidance issued by the Charity Commission in relation to the activities being for the public benefit.

Objectives and activities

The charitable objects of The Golden Sufi Centre UK Charitable Trust are given below and are taken from the governing document, the Trust Deed, as follows:

1) To promote the religious and spiritual teachings of the Naqshbandiyya lineage of Sufism. 2) The relief of poverty.

During the past year The Golden Sufi Center U.K. Charitable Trust has continued its work of promoting the teachings of the Naqshbandiyya Lineage of Sufism. These teachings are made available both to those following this Sufi Lineage and the wider community. We continue to make available books, audio and video material about this Sufi lineage, organize meditation meetings in London and provide a telephone and e-mail for anyone interested in the teachings of this Sufi path.

Together with our American Charity, The Golden Sufi Center, we also have a website making available the teachings of this path. We continue to use two Facebook pages for social media outreach, Working with Oneness, and Prayer of the Heart to help spread our teachings on Oneness and Mystical Prayer and have kept our YouTube pages with related video material.

Llewellyn Vaughan-Lee, Ph.D., the head of our spiritual order, has continued to guide and inspire our spiritual community and others through a series of published articles as well as a podcast series called “Stories for a Living Future” exploring the need for what he calls the deep ecology of consciousness. Emmanuel Vaughan-Lee continues to guide a growing number of our community and has led several seminars, retreats, zoom meetings and in person events in the UK and Europe over the past year for both established and new members of our community. Additionally audio recordings from these events have been made available on our website for anyone to access.

The trustees have had regard to the Charity Commission's guidance on Public Benefit. We believe that we have complied our duty to have due regard to the commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant.

Achievements and performance

The results for the year are set out in the Statement of Financial Activities on page 5.

The activities listed above show that The Trust continues to achieve its objectives in promoting the teachings of the Naqshbandi Sufi Order. We believe that the work of the charity benefits both those drawn to follow this Sufi order, and also the wider community, as shown in our outreach work as well as public events. Making the spiritual teachings of the Naqshbandiyya Lineage of Sufism available to the wider community serves a benefit to society as a whole.

The Trust has continued in its work in the relief of poverty in supporting our two Indian charities, KKM Handweaving Leprosy Rehabilitation Center and the Kiran Society for physically handicapped children, as well continuing a contribution to “Heart of Asia,” a charity bringing much needed health care to the nomadic people of Tibet. We have made available a special page on our web site for pictures sent to us by these charities of their work.

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

Financial review

The Golden Sufi Centre UK Charitable Trust has maintained its healthy financial position, with closing unrestricted fund balance amounting to £67,211 (2023: £67,211).

The principal funding sources were the donations received from various donors and attendees of organised seminars.

During the year the charity has not generated a surplus or deficit (2023: deficit £2,094). Income has increased by £3,175 to £78,294, mainly due to a increase in donations received. Resources expended however have remained fairly stable but can be scaled back if required,

It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Trust’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year, to allow the potential of confirming publication of Daughter of Fire and other publications

The Trustees regularly review and assess the major risks to which the charity is exposed and have put in place systems and procedures to mitigate the risks the charity faces.

Structure, governance and management

The charity is governed by its Trust deed dated 4 January 1989 and last amended on 6 May 1993. The charity's reference and administrative details are as set out within these accounts. The charity is an unincorporated institution, established under a Constitution which established the objects and powers of the charity and is governed by constitution of trust deed.

The Trustees who served during the year were: Llewellyn Vaughan - Lee (Resigned 1 August 2023) Anat Vaughan - Lee (Resigned 1 August 2023) R Walker Anne Walker (Resigned 1 August 2023) T Day-Couzyn E Vaughan-Lee (Appointed 1 August 2023) C Vaughan-Lee (Appointed 1 August 2023)

Trustees are recruited and appointed in accordance with the Trust Deed and subsequent amendment. The Trust has a board of Trustees (the Trustees) as listed above. A new Trustee may be appointed by a resolution of the Trustees recorded in the minutes and signed by the new Trustee and such record shall be conclusive evidence of his appointment.

The Trustees' report was approved by the Board of Trustees.

.............................. .............................. R Walker T Day-Couzyn Trustee Trustee Dated: ......................... Dated:......................... .............................. .............................. E Vaughan-Lee C Vaughan-Lee Trustee Trustee Dated:......................... Dated:.........................

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

I report to the trustees on my examination of the accounts of The Golden Sufi Centre UK Charitable Trust for the year ended 5 April 2024.

Responsibilities and basis of report

As the trustees of the trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

It is my responsibility to:

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

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 financial statements to be reached.

Baldev Daheley FCCA

RDP Newmans LLP

Lynwood House 373-375 Station Road Harrow Middlesex HA1 2AW

Dated: .........................

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 5 APRIL 2024

Unrestricted Unrestricted
funds funds
2024 2023
Notes £ £
Income from:
Donations and legacies 2 76,676 74,682
Charitable activities 3 - 15
Investments 4 1,618 422
Total income 78,294 75,119
Expenditure on:
Charitable activities 5 76,580 74,550
Other expenditure 8 1,714 2,663
Total expenditure 78,294 77,213
Net expenditure and movement in funds - (2,094)
Reconciliation of funds:
Fund balances at 6 April 2023 67,211 69,305
Fund balances at 5 April 2024 67,211 67,211

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

BALANCE SHEET

AS AT 5 APRIL 2024

2024
Notes
£
Current assets
Debtors
10
7,136
Cash at bank and in hand
69,504
76,640
Creditors: amounts falling due within
one year
11
(9,429)
Net current assets
Income funds
Unrestricted funds
The accounts were approved by the Trustees on .........................
..............................
..............................
R Walker
T Day-Couzyn
Trustee
Trustee
..............................
..............................
E Vaughan-Lee
C Vaughan-Lee
Trustee
Trustee
£
67,211
67,211
67,211
2023
£
-
68,891
68,891
(1,680)
£
67,211
67,211
67,211

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024

1 Accounting policies

Charity information

The Golden Sufi Centre UK Charitable Trust is a unincorporated charity registered in England and Wales. The principal address is PO Box 2251, Salisbury, Wiltshire, SP2 2FX. The Charity is registered at Charities Commission with registration number 328072.

1.1 Accounting convention

The accounts have been prepared in accordance with the trust's Trust Deed, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The trust is a Public Benefit Entity as defined by FRS 102.

The trust has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the trust. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the trust has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Where part of an unrestricted fund is earmarked for a particular project but there is no legal restriction to the trustees' discretion to apply to the fund, the affected assets will transfer to form a designated fund. Where the trustees have the power to declare specific trusts over unrestricted funds and such power is exercised, the assets affected will transfer to form a restricted fund. Where there is a surplus on a restricted fund after any obligations relating to the fund have been discharged, the surplus will then transfer to unrestricted funds.

1.4 Incoming resources

Income is recognised when the trust is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the trust has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the trust has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Resources expended

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

1 Accounting policies

(Continued)

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Expenditure is recognised when a liability is incurred.

Expenditure on raising funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.

Other costs include the cost of any legal advice to trustees on governance or constitutional matters, external accountancy and audit costs.

Charitable activities include direct costs relating to these activities.

The trust is not registered for VAT so all expenses shown in the SOFA and notes to the accounts are shown gross (i.e. inclusive of VAT).

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7 Financial instruments

The trust has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the trust's balance sheet when the trust becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the trust’s contractual obligations expire or are discharged or cancelled.

2 Donations and legacies

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Donations and gifts 76,676 74,682
Christmas donations received from:
South Africa - 100
Australia - 1,162
Europe 32,179 31,921
USA 44,057 26,736
UK 440 4,560
Other donations received:
76,676 74,682
3 Income from charitable activities
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Sales
Sale of books and CD's - 15

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2024

4 Income from investments

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Interest receivable 1,618 422
5 Charitable activities
2024 2023
£ £
Donations 76,580 74,550
Donations made to:
Hearts of Asia 29,067 28,440
KKM Handweaving 24,145 23,055
Kiran Society 23,369 23,055
76,581 74,550

6 Trustees

None of the Trustees (or any persons connected with them) received any remuneration (2024: £nil) nor were they reimbursed any expenses (2024: £nil) during the year.

7 Employees

2024 2023
Number Number
Total - -
There were no employees during the year.

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

8 Other

Net loss on disposal of tangible fixed assets
Independent examiner's fees
Postage and stationary
Other expenditure
2024
£
-
1,680
-
34
1,714
2023
£
273
1,680
458
252
2,663

9 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects

10 Debtors

Amounts falling due within one year:
Prepayments and accrued income
11
Creditors: amounts falling due within one year
Notes
Deferred income
12
Accruals and deferred income
12
Deferred income
Other deferred income
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:
2024
£
7,136
2024
£
7,750
1,679
9,429
2024
£
7,750
2024
£
7,750
2023
£
-
2023
£
-
1,680
1,680
2023
£
-
2023
£
-

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2024

12
Deferred income
Deferred income at 6 April 2023
Resources deferred in the year
Deferred income at 5 April 2024
(Continued)
-
-
7,750
-
7,750
-
(Continued)
-
-
7,750
-
7,750
-
-

13 Related party transactions

There were no disclosable related party transactions during the year (2023- none).

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Signature 1

Signed by Emmanuel Vaughan-Lee using authentication code VWZndW0kTWdUY1dp at IP address 162.198.231.97, on 2024/10/14 13:13:18

Z.

Emmanuel Vaughan-Lee's e-mail address is: Emmanuel@goldensufi.org.

Signature 2

Signed by Ray Walker using authentication code aXhWRXBjTGxyZjUq at IP address 31.126.133.192, on 2024/10/14 17:53:06 Z.

Ray Walker's e-mail address is: ray.albany@icloud.com.

Signature 3

Signed by Tarot Couzyn using authentication code XE0hQjgvS8KjVGJJOQ== at IP address 90.221.9.249, on 2024/10/17 09:28:45 Z.

Tarot Couzyn's e-mail address is: tarot@goldensufi.org.

Charity registration number 0328072

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

R Walker T Day-Couzyn E Vaughan-Lee C Vaughan-Lee

(Appointed 1 August 2023) (Appointed 1 August 2023)

Charity number 0328072

Principal address 5 Brayford Square London E1 0SG

Independent examiner

RDP Newmans LLP Lynwood House 373-375 Station Road Harrow Middlesex HA1 2AW

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

CONTENTS

Page
Trustees' report 1 - 2
Independent examiner's report 3
Statement of financial activities 4
Balance sheet 5
Notes to the financial statements 6 - 11

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

TRUSTEES' REPORT

FOR THE YEAR ENDED 5 APRIL 2024

The Trustees present their report and accounts for the year ended 5 April 2024.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the trust's deed, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)

The Trustees have complied with the duty in Section 17 (5) of the 2011 Charities Act to have paid due regard to guidance issued by the Charity Commission in relation to the activities being for the public benefit.

Objectives and activities

The charitable objects of The Golden Sufi Centre UK Charitable Trust are given below and are taken from the governing document, the Trust Deed, as follows:

1) To promote the religious and spiritual teachings of the Naqshbandiyya lineage of Sufism. 2) The relief of poverty.

During the past year The Golden Sufi Center U.K. Charitable Trust has continued its work of promoting the teachings of the Naqshbandiyya Lineage of Sufism. These teachings are made available both to those following this Sufi Lineage and the wider community. We continue to make available books, audio and video material about this Sufi lineage, organize meditation meetings in London and provide a telephone and e-mail for anyone interested in the teachings of this Sufi path.

Together with our American Charity, The Golden Sufi Center, we also have a website making available the teachings of this path. We continue to use two Facebook pages for social media outreach, Working with Oneness, and Prayer of the Heart to help spread our teachings on Oneness and Mystical Prayer and have kept our YouTube pages with related video material.

Llewellyn Vaughan-Lee, Ph.D., the head of our spiritual order, has continued to guide and inspire our spiritual community and others through a series of published articles as well as a podcast series called “Stories for a Living Future” exploring the need for what he calls the deep ecology of consciousness. Emmanuel Vaughan-Lee continues to guide a growing number of our community and has led several seminars, retreats, zoom meetings and in person events in the UK and Europe over the past year for both established and new members of our community. Additionally audio recordings from these events have been made available on our website for anyone to access.

The trustees have had regard to the Charity Commission's guidance on Public Benefit. We believe that we have complied our duty to have due regard to the commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant.

Achievements and performance

The results for the year are set out in the Statement of Financial Activities on page 5.

The activities listed above show that The Trust continues to achieve its objectives in promoting the teachings of the Naqshbandi Sufi Order. We believe that the work of the charity benefits both those drawn to follow this Sufi order, and also the wider community, as shown in our outreach work as well as public events. Making the spiritual teachings of the Naqshbandiyya Lineage of Sufism available to the wider community serves a benefit to society as a whole.

The Trust has continued in its work in the relief of poverty in supporting our two Indian charities, KKM Handweaving Leprosy Rehabilitation Center and the Kiran Society for physically handicapped children, as well continuing a contribution to “Heart of Asia,” a charity bringing much needed health care to the nomadic people of Tibet. We have made available a special page on our web site for pictures sent to us by these charities of their work.

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

Financial review

The Golden Sufi Centre UK Charitable Trust has maintained its healthy financial position, with closing unrestricted fund balance amounting to £67,211 (2023: £67,211).

The principal funding sources were the donations received from various donors and attendees of organised seminars.

During the year the charity has not generated a surplus or deficit (2023: deficit £2,094). Income has increased by £3,175 to £78,294, mainly due to a increase in donations received. Resources expended however have remained fairly stable but can be scaled back if required,

It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Trust’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year, to allow the potential of confirming publication of Daughter of Fire and other publications

The Trustees regularly review and assess the major risks to which the charity is exposed and have put in place systems and procedures to mitigate the risks the charity faces.

Structure, governance and management

The charity is governed by its Trust deed dated 4 January 1989 and last amended on 6 May 1993. The charity's reference and administrative details are as set out within these accounts. The charity is an unincorporated institution, established under a Constitution which established the objects and powers of the charity and is governed by constitution of trust deed.

The Trustees who served during the year were: Llewellyn Vaughan - Lee (Resigned 1 August 2023) Anat Vaughan - Lee (Resigned 1 August 2023) R Walker Anne Walker (Resigned 1 August 2023) T Day-Couzyn E Vaughan-Lee (Appointed 1 August 2023) C Vaughan-Lee (Appointed 1 August 2023)

Trustees are recruited and appointed in accordance with the Trust Deed and subsequent amendment. The Trust has a board of Trustees (the Trustees) as listed above. A new Trustee may be appointed by a resolution of the Trustees recorded in the minutes and signed by the new Trustee and such record shall be conclusive evidence of his appointment.

The Trustees' report was approved by the Board of Trustees.

.............................. .............................. R Walker T Day-Couzyn Trustee Trustee Dated: ......................... Dated:......................... .............................. .............................. E Vaughan-Lee C Vaughan-Lee Trustee Trustee Dated:......................... Dated:.........................

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

I report to the trustees on my examination of the accounts of The Golden Sufi Centre UK Charitable Trust for the year ended 5 April 2024.

Responsibilities and basis of report

As the trustees of the trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

It is my responsibility to:

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

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 financial statements to be reached.

Baldev Daheley FCCA

RDP Newmans LLP

Lynwood House 373-375 Station Road Harrow Middlesex HA1 2AW

Dated: .........................

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 5 APRIL 2024

Unrestricted Unrestricted
funds funds
2024 2023
Notes £ £
Income from:
Donations and legacies 2 76,676 74,682
Charitable activities 3 - 15
Investments 4 1,618 422
Total income 78,294 75,119
Expenditure on:
Charitable activities 5 76,580 74,550
Other expenditure 8 1,714 2,663
Total expenditure 78,294 77,213
Net expenditure and movement in funds - (2,094)
Reconciliation of funds:
Fund balances at 6 April 2023 67,211 69,305
Fund balances at 5 April 2024 67,211 67,211

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

BALANCE SHEET

AS AT 5 APRIL 2024

2024
Notes
£
Current assets
Debtors
10
7,136
Cash at bank and in hand
69,504
76,640
Creditors: amounts falling due within
one year
11
(9,429)
Net current assets
Income funds
Unrestricted funds
The accounts were approved by the Trustees on .........................
..............................
..............................
R Walker
T Day-Couzyn
Trustee
Trustee
..............................
..............................
E Vaughan-Lee
C Vaughan-Lee
Trustee
Trustee
£
67,211
67,211
67,211
2023
£
-
68,891
68,891
(1,680)
£
67,211
67,211
67,211

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024

1 Accounting policies

Charity information

The Golden Sufi Centre UK Charitable Trust is a unincorporated charity registered in England and Wales. The principal address is PO Box 2251, Salisbury, Wiltshire, SP2 2FX. The Charity is registered at Charities Commission with registration number 328072.

1.1 Accounting convention

The accounts have been prepared in accordance with the trust's Trust Deed, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The trust is a Public Benefit Entity as defined by FRS 102.

The trust has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the trust. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the trust has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Where part of an unrestricted fund is earmarked for a particular project but there is no legal restriction to the trustees' discretion to apply to the fund, the affected assets will transfer to form a designated fund. Where the trustees have the power to declare specific trusts over unrestricted funds and such power is exercised, the assets affected will transfer to form a restricted fund. Where there is a surplus on a restricted fund after any obligations relating to the fund have been discharged, the surplus will then transfer to unrestricted funds.

1.4 Incoming resources

Income is recognised when the trust is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the trust has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the trust has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Resources expended

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

1 Accounting policies

(Continued)

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Expenditure is recognised when a liability is incurred.

Expenditure on raising funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.

Other costs include the cost of any legal advice to trustees on governance or constitutional matters, external accountancy and audit costs.

Charitable activities include direct costs relating to these activities.

The trust is not registered for VAT so all expenses shown in the SOFA and notes to the accounts are shown gross (i.e. inclusive of VAT).

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7 Financial instruments

The trust has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the trust's balance sheet when the trust becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the trust’s contractual obligations expire or are discharged or cancelled.

2 Donations and legacies

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Donations and gifts 76,676 74,682
Christmas donations received from:
South Africa - 100
Australia - 1,162
Europe 32,179 31,921
USA 44,057 26,736
UK 440 4,560
Other donations received:
76,676 74,682
3 Income from charitable activities
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Sales
Sale of books and CD's - 15

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2024

4 Income from investments

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Interest receivable 1,618 422
5 Charitable activities
2024 2023
£ £
Donations 76,580 74,550
Donations made to:
Hearts of Asia 29,067 28,440
KKM Handweaving 24,145 23,055
Kiran Society 23,369 23,055
76,581 74,550

6 Trustees

None of the Trustees (or any persons connected with them) received any remuneration (2024: £nil) nor were they reimbursed any expenses (2024: £nil) during the year.

7 Employees

2024 2023
Number Number
Total - -
There were no employees during the year.

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024

8 Other

Net loss on disposal of tangible fixed assets
Independent examiner's fees
Postage and stationary
Other expenditure
2024
£
-
1,680
-
34
1,714
2023
£
273
1,680
458
252
2,663

9 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects

10 Debtors

Amounts falling due within one year:
Prepayments and accrued income
11
Creditors: amounts falling due within one year
Notes
Deferred income
12
Accruals and deferred income
12
Deferred income
Other deferred income
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:
2024
£
7,136
2024
£
7,750
1,679
9,429
2024
£
7,750
2024
£
7,750
2023
£
-
2023
£
-
1,680
1,680
2023
£
-
2023
£
-

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2024

12
Deferred income
Deferred income at 6 April 2023
Resources deferred in the year
Deferred income at 5 April 2024
(Continued)
-
-
7,750
-
7,750
-
(Continued)
-
-
7,750
-
7,750
-
-

13 Related party transactions

There were no disclosable related party transactions during the year (2023- none).

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Signature 1

Signed by Emmanuel Vaughan-Lee using authentication code VWZndW0kTWdUY1dp at IP address 162.198.231.97, on 2024/10/14 13:13:18

Z.

Emmanuel Vaughan-Lee's e-mail address is: Emmanuel@goldensufi.org.

Signature 2

Signed by Ray Walker using authentication code aXhWRXBjTGxyZjUq at IP address 31.126.133.192, on 2024/10/14 17:53:06 Z.

Ray Walker's e-mail address is: ray.albany@icloud.com.

Signature 3

Signed by Tarot Couzyn using authentication code XE0hQjgvS8KjVGJJOQ== at IP address 90.221.9.249, on 2024/10/17 09:28:45 Z.

Tarot Couzyn's e-mail address is: tarot@goldensufi.org.

THE GOLDEN SUFI CENTRE UK CHARITABLE TRUST 5 Brayford Square London, E1 0SG

RDP Newmans LLP Chartered Accountants and Registered Auditor Lynwood House 373-375 Station Road Harrow, Middlesex HA1 2AW

Dear Sirs

Independent examination of the charity’s financial statements for the year ended 5 April 2024

We hereby confirm to the best of our knowledge and belief, and having made appropriate enquiries of other trustees and officials of the charity, the following representations given to you in connection with your independent examination of the charity’s accounts for the year ended 5 April 2024.

We acknowledge as trustees of the charity, we are required to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the charity and of the statement of financial activities of the charity for that year. In preparing those financial statements, we are required to:

In addition to complying with Charities Act 2011, we are also required to have regard to the Statement of Recommended Practice, Accounting and Reporting by Charities (Revised 2015) (the SORP), published by the Charity Commissioners for England and Wales.

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the SORP and the Charities Act 2011 (the Act).

We are responsible for safeguarding the assets of the charity and hence for taking reasonable steps to ensure the charity's activities are conducted honestly and for the prevention and detection of fraud and other irregularities.

We acknowledge our responsibility for the design and implementation of internal controls to prevent and detect error and fraud. We confirm that we have disclosed to you the results of our own assessment of the risk of fraud in the charity.

We confirm that there have been no actual or suspected instances of fraud involving trustees, management or employees who have a significant role in internal control or that could have a material effect on the financial statements. We also confirm that we are not aware of any allegations of fraud by former trustees, regulators or others.

Compliance with the SORP requires us to confirm that the major risks to which the charity is exposed have been reviewed and that systems have been established to mitigate those risks. We confirm that you are not required to audit this statement, or to form an opinion on the effectiveness of the risk management and control procedures.

All the accounting records and relevant information have been made available to you for the purpose of your independent examination and all the transactions undertaken by the charity have been properly reflected and recorded in the accounting records or other information provided to you. No information which we believe could, or should, cause you to modify your opinion has been withheld from you.

We have no plans or intentions that may materially affect the carrying value (and, where relevant, the fair value measurements) or classification of assets and liabilities.

We confirm that there have been no changes in the accounting policies other than those disclosed in the accounts. In our opinion, the accounting policies are appropriate to the charity and conform with generally accepted accounting principles. We confirm that all transactions and balances have been accounted for in accordance with these accounting policies.

ASSETS

All assets have now been disposed of and Trust have no fixed assets currently.

We confirm that there was no movement on the Natwest account -8257 from 7 February 2024 till 5 April 2024 and that the balance on the account as at 5 April 2024 was £1,704.

LIABILITIES, PROVISIONS AND CONTINGENCIES

We acknowledge our responsibilities for making the accounting estimates included in the financial statements. Those estimates reflect our judgement based on our knowledge and experience of past and present events, and are also based on our assumptions on the conditions we anticipate will exist together with the courses of action we intend to take. In that regard, in the opinion of the trustees adequate provisions have been made.

We are not aware of any substantial liabilities, contingent liabilities or guarantees to third parties other than those disclosed in the financial statements.

We are not aware of any capital commitments other than those disclosed in the financial statements.

We confirm that all liabilities have been fully recorded in the balance sheet.

We confirm that all liabilities recorded in the balance sheet are properly those of the charity.

We confirm that all liabilities have been recorded at a fair value.

We confirm that there has been no netting off of assets and liabilities.

We confirm that all income has been fully recorded and correctly classified. We further confirm that donations received in the year amounted to £76,676.

We further confirm that amounts of £7,750 received in the year relate to an event taking place after the yearend and have correctly been deferred in the financial statements. Similarly, we further confirm that costs incurred of £7,136 in relation to the same event have correctly been prepaid in the financial statements.

OTHER MATTERS

At no time during the year has the charity had any arrangement, transaction or agreement to provide credit facilities (including loans, quasi-loans or credit transactions) for the trustees, nor to guarantee or provide security for such matters other than as indicated in the financial statements.

There were no purchase commitments in excess of normal requirements or at prices in excess of the prevailing market price, nor agreements to purchase items previously sold.

No events or transactions have occurred since the year end, or are pending, which we believe could have a material effect on the financial statements or which are of such significance in relation to the charity’s affairs that they should be mentioned in the financial statements in order to avoid giving a misleading view of the financial position.

We acknowledge our responsibility for the design and implementation of internal controls to prevent and detect error and fraud. We have disclosed to you the results of our assessment of the risk that the financial statements may be materially misstated as a result of fraud.

We confirm that no shortages, irregularities or misappropriations of a material amount were discovered by us during the year under review. There have been no irregularities (actual or alleged) involving management or

employees who have a significant role in internal controls or who could have a material effect on the financial statements.

So far as we are aware the financial statements are free from material misstatements, including omissions.

We confirm that we are not aware of any actual or potential instance of non-compliance with those laws and regulations that provide a legal framework within which, and are central to the way in which, the charity conducts its business.

We have made appropriate enquiries and confirm that we have disclosed to you all related parties and related party relationships and transactions relevant to the charity of which we are aware. To the best of our knowledge the financial statements appropriately account for and disclose such relationships and transactions.

In our opinion, on the basis of information and enquiries that are pertinent to the charity’s circumstances and which we believe to be adequate, it is appropriate to continue to treat the charity as a going concern. In particular we believe that adequate cash resources will be available to cover the charity’s requirements for working capital for at least twelve months from the date of signing the financial statements. We confirm that any disclosures in the financial statements are an accurate reflection of the reasons why we consider they should be drawn up on a going concern basis.

Proper disclosure has been made in the financial statements of all matters necessary in order for them to show a true and fair view.

The charity has not entered into any guarantees, warranties or other financial commitments relating to subsidiary or associates.

We understand the desirability of obtaining paid cheques which have been cleared by the bank, particularly as a safeguard against certain types of fraud or irregularity. However, due to the high charges imposed by banks when retrieving such cheques, we have requested that you omit any testing in relation to this area on cost/benefit grounds. We believe that the controls we have in place over the writing and handling of cheques are sufficient for the size and nature of the charity.

ADDITIONAL MATTERS

We confirm that all transactions are within the Charity’s objectives as documented in the Charity’s Articles of Association and the Memorandum of Association, and therefore there are no tax implications on any funding source received by the Charity.

We confirm that all the details of the Trustees are reflected correctly in the financial statements.

We confirm that the charity is not registered for VAT purposes. We further confirm that all incoming resources receivable by the charity during the year were outside the scope of VAT and hence no output VAT was due on these incoming resources.

We confirm that we are not aware of any matters of material significance that should be reported to the Charity Commission.

We confirm that the financial statements correctly reflect all funding that is due to the charity up until 5 April 2024. We also confirm that there is no other funding that needs to be included in the financial statements.

We confirm that there were no barter transactions that took place during the year.

We confirm the charity had no employees during the year

We confirm that there were no designated funds during the year.

We confirm that in our opinion, there is no relevant information needed by you in connection with preparing your assurance report of which you are unaware. Each trustee has taken all the steps that ought to be taken as a trustee in order to obtain awareness of any relevant assurance information and to establish that you are aware of that information.

Yours faithfully

______ T Day-Couzyn Trustee Signed on behalf of the Board

Dated_________

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Signature 1

Signed by Emmanuel Vaughan-Lee using authentication code VWZndW0kTWdUY1dp at IP address 162.198.231.97, on 2024/10/14 13:13:03

Z.

Emmanuel Vaughan-Lee's e-mail address is: Emmanuel@goldensufi.org.

Signature 2

Signed by Ray Walker using authentication code aXhWRXBjTGxyZjUq at IP address 31.126.133.192, on 2024/10/14 17:53:18 Z.

Ray Walker's e-mail address is: ray.albany@icloud.com.

Signature 3

Signed by Tarot Couzyn using authentication code XE0hQjgvS8KjVGJJOQ== at IP address 90.221.9.249, on 2024/10/17 09:27:18 Z.

Tarot Couzyn's e-mail address is: tarot@goldensufi.org.