Trustees. Annual Report for the period Peii(xl slart date Period end ijale From Section A Reference and administration details Charity name: Islamic Education Trust Cumbernauld Other names charity is known by IETC Registered Charity number lif any) SCO 32693 Charity's principal address 5 Craiglalibefl Vlay CRAIGMARLOCH Cumbp.rnau1d Postcode G68 OLS Names of the charity truslees who manage the charity Dates acted il not for whole ear Orfi¢e lif anyl Name of person lor bodyl entitled tca oint trustèe if an Chairman Treasurer 10 12 13 14 15 16 18 19 Names of the trustees for the charity, if any. (for example, any custodian trustees) Name Dates acted if not for whole ear
Names and addressgs of advisers {Optional information) Type of adviser Name Address Accountsnts ' Shields Associates 215 Albert Drive. Glasgow G41 2NB 40 Mitchell Street. Glasgow, G1 3NQ . Solicitors , Pieri Graham Name of chief executive or names of senior staff members (Optional information) Section B Structure, overnance and mana ement Description of the charity's trusts Type of governing document How the charity is constiluled Through the Trust Deed Trustee selection melhcds By appointment method with the consensu5 agreement of all the existing trustees with a view of the clear benefits to the community as a whole. Additional governance issues (Optional infomiation) You may choose lo include additional Information. where relevant, about policies and procedures adopted for the Induction and training of trustees". the charity's organisational structure and any wider network with which the charity works, relationship with any related parties. trustees consideration of major risks and the system and procedures lo manage them Section C Ob ectives and activities To organise and deliver the Islamic Education lo the young Muslim children In and around Cumbernauld area as well as to sel up provide. Summary of the objects of the eslablish and maintain the Centre for worshipping and other community charity set out in its activities for the Muslims (children. men and women. both old and young) governing document In the said District of Cumbernauld in the Greater Glasgow area.
The Trust throbgh the help and assistance provided by the local people has been able to complete the construction work for the Mosque and the Community Centre lo provide the essential educational and social needs of the local Muslim Community In the Cumbernauld area Summary of the main activities undertaken for the public benefit in relation to these objects linclude within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) The Centce Is now fully completed and the community is now fully enjoying the benefits of the facilities provided by this Institute for the enhancement and enrichment of the lives of 811 the Muslim members of the Society living In Ihe Cumbemauld area of Glasgow Additional details of objectives and activittes (Optional infomiationl You may choose lo Include ILJrther slalements, where relevant. about policy on granlmaking. policy programme related Investment contribution made by voILJnleers Section D Achievements and performance Summary of the main achievements of the Charity during the year The Droiecl of the construction of the Mosque and the purpose built Communily Centre Is now lully completed and the phase ol most Importance of rur,ning the knenlre successfully and maintaining the building as well as providing the social and educational needs of the community are now the main focus An Imam has been appointed now on lull lime basis lo deliver the necessary education and guide the trustees lo deliver the religious and educational facilities to the Community so very much deserves. Further tasks are being now looked at are the making provision for better and quality teaching lo youth and providing other community services such as elderly care and youth activities with part1cular focus on safely and security Issues of the participants and the congregation as well as the community as a whole Section E Financial review
The main funds and dop,aiions are beirg provided bi the local community for its young chilclren and families lo be provided with the opportunity lo seek and avail the educational and social facilities the Centie is now able I to offer. In the post completion period the reserves 3re lo be used lo repair, maintain and rLin the Mosque and the Centre appropriately. for the benefit of all the age and gender groups of the ethnic comrnunily al large Brief statement of the charity's policy on reserves Detsils of any funds materially This position does not normally arise. however If Il does the funds will be in deficit transferred from non reslricled lo restricted and not otherwise Further financial review details (Optional information) You may Choose lo Include additional Information. where relevant about the charity's principal SOLirces of funds Iincluding any fundraisingi". how expenditure ha5 supported the key objectives of the charity. Investment policy and objectives including any ethical investfflent policy adopted Section F Other o tional information Section G Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity. Signature'41 Full name s, Position leg Secretary, Chair, Date 11811012024
Islamic Education Trust Cumbernauld Charity Regd Number SC032693 Accounts 31 Klarch 2024
lglamlc Educatlon Trust Cumbemauld 8u$lness Inlonnatlon Chaimiart ol th• Tru•t Tr•••urgr Accountsnts Shields Aslat•S UK LLP 215 Alben Pollokshields Glasgow Scoiiarid G412N8 l¥lamlc C•ntr• Addr••8 5 Craighalibert Way Craigniarloch Cumbèrn3uld Glasgow G68 OLS
Islamic Education Trust Cumbernauld Approval Etatement l approve the accounts which comprise ol the Profil and Loss Account. the B818n¢e Sheet and the related notes l acknowlèdgè my responsibility lor the acctsunts. in¢luding the appropriateness of the applicable financial raporting framewoik set out In note 1, and for providing Shields Associates UK LLP with all Information and explanations iiecessary for •heir compilatson. 3 Dernber 2024
Islamic Education Trust Cumbernauld Accountants. roport on the unaudited accounts to Islamic Education Trust Cumbernauld You havé apwovèd the aeix>unts for thè yèar ep.ded 31 M3rch 2024 whi(*. fY)mprise the PToft: and Loss Account. the aal3ncÉ séè. and tre re131ed note5 in accordance With youi inskruclions. we have compiled ihese unaudiiÈd accounts from the acCotsnn9 records and infOrMatn and explanations supplied to us. Chartered Certified Accountanl 215 Mbert Drive PdlokshElds Glasgow Scotland G41 2N8 3 Deeembtt 2024
Islamic Education Trust Curnbernauld Profit and Loss Account for the year ended 31 March 2024 2024 2023 Sales 106.889 96,908 Cost of sales Construction IndstrY- payments to subcontractors Gross profit 106.889 96.908 Other bu5ingss income 58 092 47.348 Exp•ns•s Wagès. salaries and other staff Costs Car, van and travel expenses Rent, rales. power antj Insurance costs Repairs ard rer,ewalS of property and trquipment Telephone, fax. staiionery and otber office cost Advertising and business entertainment costs Interest on bank and other loans Bank. credit card and other finance charges Irrecoveratile debts wntten off Accountancy. legal and other piolessional fees Depreciation and lo$(prOfIt) on sale Other business expenses 29 000 25.565 23.135 1967 33.352 15.302 443 960 935 21 464 10.995 1.945 15.667 4.662 616 120.818 83.959 Profrt 44.163 60.?.97
l$laml¢ Edueatlon Trust Cumbernauld Balance Sheet as at 31 March 2024 Not•$ 2024 2023 Fixed ass&ts Equipment. machinery and motor vehicles Other Iixtrd asset$ 54 976 1,497.559 1,552.535 23,310 1.497,559 1.520,869 Curr•nt assets Stock and work In progress Trade dtsbiors 8anklfJuilding society balan¢e5 Cash In hand Other current assets and prepayments 195986 213 173.471 96 10,135 183.702 196.199 Current liabilities Yrade creditors Leans and overdrawn bank accounts Oiher liabilitie$ and accruals 105.732 700 106.432 105,732 700 106.432 Net ¢urr•nl ¥8$ot• 89.767 77.270 Loan$ duo after more than ona yèar N•1 *••et• 1.642,302 1.598.139 Capital account Balance at start ol period Net prtsf11 Capit31 Introduced Drawing$ 1.598 139 44 163 1.537 842 60.297 1.642 302 1.598,139
Islamic Edu-atlo) Tryijt Cumbernauld Notes to the Ac-thunts for the yèar ènded 31 March 2024 1 Accounting basls The acco'.nis fiae been compiled on a Dasis Inai enab3 profits tg be calculaied In accofd•nce Wilh UK Generaiiy Accepted AccoufjliDg Pr3clI and Ihal provide$ SUfficnI and ole¥aThi .n.lorrnation lo enable the Completio7 ol a tax return 2 Profit and lo5S actount analysis 2024 2023 sales FndS Raised I.889 1C6889 96 908 96.908 Cost of sales PrChase$ Oecrease In 51ock5 Oirett labour Discounts aiio%ved Commissions payable Other direct costs Construction indu¥try- paytnents to subcontractors Sdbcontr3QI costs Other business inctsme Other Income Inleie$i and or Giftaid Received Other Income Variou5 Cash Dor8'.ions Funeral ana Burial Fees Received 2.573 53 177 2.342 58 092 10.13S 36418 795 Wages. Solari95 and othof 8tsft costs Wages and 5alane5 Pensions Bonuses Employer's Nl Temps aTrd rècruitment Slafl ITaining an¢ welfaie 29.000 25 565 29.000 25 565 Car. van and travel 8xn8•S MoioT expenses Tfavel and subsistence Rent, rates. poY¥er and In8urance c08ts Rent Rate$ 19412 3.249 12036 Property Insurancé Setvice chaioes C*3Tring Use of home 474 200 23 135 15.302
Islami¢ Education Trust Cumbernauld Notes to the Accounts lor the yèar ended 31 March 2024 Repairs and reTrgwals cf property an4Y equiprnfrnt Repairs and maintenance 1.967 1 967 443 443 Telephone. fax. stationery and other office costs Telephoiie and fax Postage 8ooks, Stationery and printing Courief services Distribution lo other Charit Fundraising Cosis Hiie of equiprnent Sofiware Othei I l T costs 674 ys 320 28.277 19 125 578 2401 31 352 20.569 Advertising and buslne68 entortsinmont costs Advertising ano PR Entertaifiing Interest on barsk and other loans Bank. credit card and other Ilnance charges 8ar.k chaiges Hire purcnase and *ase Interest 960 935 960 935 liretov•rablt d¢bts writton off Bad debts Accountancy. legal and oth8r prole8¥ional foeg Accouni3pis fees Solicitors le8$ her Consultancy Fees Contingency Fee$ Funeral C051$ 8ufial Costs Prole&sional Indemnity Insurafjce 750 700 18.572 14.967 2142 21.464 15667 D&pfeciation and 10isllprofiti on s) OÈpreci8iion Amortisation of goodwill ProfiVlOSS on $ale of fixed assets 10.995 4662 10995 4662 Other business expenses Subscriptions Sunary expenses Seeunty Cosi 400 1545 1.945 816 816
Islam1¢ Education Trust Cumb•rnAuld Notes to the Accounts for thè yèar ended 31 March 2024 3 Plant. machinery and motor vehicl95 Plant and nia¢hin&ry Motor v¥h4cI*8 Spar• Total Cost At l April 2023 Additions Disposals At 31 March 2024 30.082 42.661 30.082 42.661 72.743 72,743 Depreciation At 1 April 2023 Charge for the year On disposals At 31 March 2024 6,772 10,995 6,772 10.995 17,767 Not book v4lu• Al 31 March 2024 54,976 54.976 23,310 At 31 Mar¢h 2023 23.31(i 4 Othèr flx•d a8ts¥1• 2024 2023 Prem15es Goodwill Inveslmenls 1497.559 1,497 559 1497.559 1,497,559 Dobtorn & Other Curr•ni A8fy8t• 2024 2023 Gift Aid HMRC Claim Prepayments 10.135.00
151amic Education Trust Cumbemavkl SC032693 Annual accounts for the eriod peri end 3l,OJ.dC,24 Section A Statement of financial activities Restncieo Income funils Recommended categories by activity Details of own analy$15 Unresintted funds Éndowment Total thls fund5 year Total last year Incoming resource$ (Note 31 In£oming wour¢e8 from 8¢n¢Tal¢O lurtds Fof F02 F03 F04 F05 VolNry Ipcome 118576 46 177 72.399 t18.576 63,234 Fupas 344 S2 24 537 9.953 34.4 44.037 Incomin9 rns¢ur¢•s Irom so¢ h•1 Incomlny mources 11915 $05 11.915 11,915 36,985 Total incoming resources S Resources expendtd INotes 441 70.114 94.267 164,981 144.256 Costs of 411n9 C05t5ol 9EDPTaM9 S07 FUnd[9t•thp ¢os so Investm•ni Man&9tS S09 th•rit•b •¢ti¥i¢i•B 2827-, sio 28.277 28.277 92.541 36.190 Go¥ern•n¢o ¢0¥ts 92541 50.403 42.138 47,769 Otb•v rIur¢em txp•nded S12 Total resourcÈs expended Net incomlntyloutgoyngl resources before translers s'.4 50 403 70.415 120818 83,959 20.311 23,852 44,163 60.297 Gross Irangfers bets¥een funds S15 Net incomin101gJ rgsourc•s l)eft¥re Oll¥errecognised gaJnsK(losses) S," Other rtcognised 9ainslllossesl Ga1ns and losses on re¥aiuatK)n of fixed assets for ine ehafity s OV4n use Gains and losses on Investmeni 8sseis 20.311 23.852 44.163 60.297 si Net movement in lunds s1 Total fyndg brought forward Total funds c3Thied forward s?1 20.311 23 852 44 163 60,297 1 537,842 1 598.139 159,108 1.483 194 1.$42 302 1.598,139 CC17a (EX1) 2811012024
Section B Balance sheet Unrestricted Incomè Endowment To¢al this lunds year Tolol last year Fixed assets Tangible assets F91 F02 1 552.535 F03 F04 1.552.535 F05 1.520.869 (Note 91 BCI B02 Investrnents INote 101 Total fixed assets 1 520.869 Current assets Stock and work In progress Debtors INote111 Ishort term) inves¢ments Cash at bank and in hand Toral ¢urreni assets 8?T 183 702 183 702 Creditors.. amounts fallbng due within one year (Note 121 700 700 700 Nel current aSSetlI1a1lI1les) 45 477 550 183002 Total assets less Current liabilities 48 035 1.703 871 Creditors- amounts lalling due after one year (Note 121 813 105 732 105.732 105 732 Provisions for liabilities and charge5 Bt4 Nei assers 1.598. 139 Funds of the Charity Unrestricted funds B16 91.983 91.983 138797 Restricted income tunds (Not• 131 Endowment funds (Note 131 Bl8 1.550 320 1 550 320 1 459.342 BIS Toral funds 98.139 Signeo Dy one or iruslees on behalf of ¢ i*e trustees Date ot oval 1811012024 CC17a IE1} 2411012024
Section C Notes to the accounts Note I Basis of preparation Thi5 section should be completed by all charities 1.1 Basis of accounting Ihese accounis have been prepared oft lie basis -1 hiStOliC COSI lexrepi tha: In¥esirnep.rs are snoh¥n ai markei value,. In accOrdane ivil Accounting 8-, a R-rtir.g by cnariL.es- sia1erp.eni of Recommended Praaice ISORP 2005 and with" Accounting Sl3ndards Finanoal Reporting Standard5 lor Smallef Enlerpnses IFRSSEI and with the CYa,'It es A-t 10a3 or Give detsils in this box rfa cliilerÈnt stsndard has been rfollowed. -Tick as apprOPTlalè Il all rp,'evani disclosures sho%Yn In the f>een gwen Ihen ptt5 lick 'Accobnlifjg siandarrjs i. aisdosuies COTnpleied In ihese accounts have Len ies111Cted 10 those required by the FRSSE Ihen p85@ lick 'Financial Repcrting SLIDdar(J5 fof Smaller Enlerpnses IFRSSEI - If no dep3rture$ from the cbosen siandartts have been made Ihen delete these wolds otherwise give detsils of any changes In l.le bcxes 1.2 Change in basis of accounting TIFÈie nas been no chapge to Ine accounting Poilcies Iv31uaiion rules and melttods of accoullirgi since last year Giwe details In this box olany material changes that have been made. S Il no change5 hawe been made 10 accounli.-.g w)liC1e5 Ihen deIe Ihe5e *ord5 1.3 Changes to previous accounts No chafjge5 have been rnaoe Ic acc¢Lints for prev'.ous years Give detasls in this box ol any material Changes thar have been made. 59 Il Dhange5 have been made io accounLs br prev$ 1)$ Ihpn delÈie these CC17a IEAceli 2411012024
Section C Not•8 to the accounts Iconti Note 2 Accountrng polic This siandard Ii$i of &cc¢Juntlll9 policie5 h$ been &pplieIlY (he ¢h•nty •xeepi ior tho$e deleieLI lbere 8 dilyertnt or8¢lditionalpolicy has been adopted then this Is detaileLI iry the box belo¥. INCOMING RESOURCES RecOnon ol IncominA rosourcgs Ttr¢5e are Incltsded Ill tr siaietnenl ol Finantsai AdivilS ISOFAI Ir chè[ifv becomes eniilÈd lo Ine iesowces the trusiee5 are virluallv cenain 11 re¢eive Ihe relCeS ana p'.ary -a- 'IrEie Ifl¢Otlikilg IP.souices tth4e iè'atea exgeiTrOiluYe ias IL"CTalSiliq OT thfl'.r3ci Income) the Incorniflg fesouTces agd ieiaiert eFpefid1lUr adL ieponeo gTuss ill Ihe SOFA Graiils aryj oonaiTrons are oity InJL¥Jea irt the SOFA when Ine tharty has unconailionai er.li'.lemerrl 10 the resources Incoming rosources elated exppnditv Grants ¢JOn•tiorrJ Tax reclaims on lon•tions and gift5 Coniracluat Income and perlofmance relatod grants IncoryTriry re50uiCeS fyorn iax reclaims a IrKJed In the SOFA at Ihe sarne Iirne as the 9rft 10 wnJCtI ley felale 15'.S Dnty hndude¢J ID the soFA once rel3ied go15 or ser¥e5 have been oeilvered Gilts in kind )1tys in kifQ ale accodnled IN al 3 reasonalTrie e51WITale cf IttPJ value to Ihe or the amoi..ni actuaity teaiL%ee Gifts'.11 kifAJ lor sa or a1XltIWrt ale In Ir as gins onty %vrn sdo or ¢isir-tr.Lied by ttre c-p.r.ty Ihe clKanty are Induded In ts SOFA as Incomin9 rwurces Yhen rE(eivable Donatod SOThfiCO5 and facilit Tlw ale on'.y I re5wrces (th an eowvani arnourn In reS0rS expe1-.tal wheFe l'ie )enef..l c Itie c>.arLly k5 ieasDnabl¥ Uuantif'.E3b measui3b1i aid rnalen31 The ¥. pla on Ihese res0rte$ Is u eimale0 knalue to It Ciiarily ol Ine seT¥ice or facility recei¥e Tr %a'ue of any vdun13ry Wp recei¥ed rs )1 Incknjed In ine aCCOullts but 15 descnbed Ill Ine Irusipes artnu&i iero". VOlunr holp In¥onI tncom Tais Is lThye In ac£(Kmis iectyvaok InVlmOrrt galns anil l(vJ5es Tliis 1nf.ILides any gain or h)55 on te ol Inve51llhen15 aTrin any gain or k)ss resulling from revalui[ In¥e&lrnerns to rnathet vakje 31 end of Ihe yeai EXPENDITURE AND LIABILITIES Liability racoynilio LJatsiils ale iecTr3tused as soon as Ihere Is a wi N conslruciive obiigavan comfflilling Ihe tha'ily If pay resTriJices Inclith costs ol prepar3113n arml examifwlion ot staiimory accounis Ihe casts ol irusiee meelpi',gs and (List tsl any dE atyvpie li) Iiusiees ts11 9overnarKt or coilslii{Ilionai mètiers wle Ihe chanly gives a 9iani wlh c(lI10s fr)r 115 paymenl b&ng a specilic e1 o,. seTvi 01 Vljlpui io W0¥ed g¥an15 ale orty iecogntsed In &)FA On the lepenI ol Ihe gianl has PioVi(ie(I It specifed service or ouipuI Go¥ornan¢e ¢osts Grants with p8rformavc• conditions Grant5 payable wllhout pertormance condllloths Support Cos TnesL' 8fE Onty ieeoynised iti Ir accouD15 syhen a cotnfftrffnenl has been made atKJ IheFe are no coidilions to be me.. r<ThlaliYO 10 the giani which reniain In ine ci)ntrrJl nf Ihe ¢har,.ly SupLTriirf Lo51s ni13¢ TurKl0s ano have been aiiocaied ailivily cosl calego1$ on a basL% CO51SteI vr.lh tl use vf res0w$ e4 3itOCalin9 Ploptrty COS1$ ty flooi awas. oi per Capl3 51aN c051s by the lJlFie spent arxl oinef cosis by It11 usage ASSETS Tangible Iixed assets ror us• T*ese are tarmialwt Il Itw Can iised for mwe fftan yeaf aThy eo$i ai leasi £500 ty charity FtTty aTe Yahjed al c05101 3 TeaSOnab value on fe(wl Inve$imonts IDYesLmenis qJ)ied on a le-..rIse0 stLXk exchange are ValLJed ai m3Tkel Value Èp Inf year enll other Invesinient assets are.'nduoeo ii Iiusiees. besi tSlitll31c cl mafkei Value Stocks and work in progtts8 Tnes& ale w351rt al knvei ol E051 or r.iatkei vai POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE CC173 (Excd) 2411012024
Section C 14otes to the xcounts ont Not• 3 Analysts of incoming resources Incoming resources may be further analysed rf Ihls wtyuld help thè rEaderol thè account5. This ye•r Last year Anatysis Voluntsry incorne 1185-,5 63 234 Tolal 118516 63 234 Activities for 9eneraling hinds ott.er Iniorp.e 36 985 Totsl 46 405 81 022 In¥e8tment income Incoming re50Ufces from charitable actIvit$ Tolal 24110.'2024
Sèction C Notes to the accounts conl Note 5 Support Costs Please complete this note yl ihe ¢hanty has analysed its expeftsts usin9 •trtviiy caie9ories and has supporr costs. Fundraising activrty | Charitable Activity Go¥prn•n¢g AGfivty | Total C1 ort cost Total Noto 6 D•tarls ol ¢ort¥in ii¢ms of exptrndilure 6.1 Tru$¢e8 ?¥pens•• Please provide details ol the amgtsnr ol any poymeni or reimbursemnr ol oul.ol.po¢kei expenses m•d• to iiusie¢$ or to thArd parti•s lor expenses inctsrred by trusiees. Ilno expenses were paid, please •ntr'None' in th• appropriate box{es). Th14 y•¥r L¥51 year Number ol trust•e• who w•ro p•ld •Ap•n• .Travel & Subststance rra¥tl & Subsistan¢• Nitur• of the •xp•n••• To¢•1 amouni paid 0.00 6.2 Foes lor ex¥mln•tlon or audii ol tb• •ccounts Pleas• provid• d•tails ofthe amountpaid for any staiuiory external scrniiny ofaccounts and orhei $eThices pyovided by your irtdepend•nt •x4mintr or •uditor. K nothing wa5 wld please enter NONE in thè appropriate l)oxl+sl. Th1¥ yoar Lasl year Ind•pendfrnt •xaminer'• or *uditor3' lees for rÈportrng on the accounts Other lees Ifor exampl•'. adv1¢•. con8ulUn¢y. accountancy Sorvicesl paid to the Indoptrndent examiner or auditor CC17a ',Excdl 2411012024
Sgclion C Notey to the ac¢ounts cont Note 7 Paid gvnployeè5 Please Complete this nott if the charity has any employees. 7.1 Staff Costs Thi$ year Last year Gross wages, salaries and benefits In kind Ernployer's National Insurance costs Pension costs 29 000 25.565 Total staff costs 29 COJ 25 565 7.2 Average number of full-time equivalent employees in the year This year Nurnber Last year Number The parts of tho charity in which the employètrs work Total 7.3 Defined contribution pension Scherne Please complete if a defjned contribuiionpension scheme 15 0 Brief dètails ol the scheme 'NIA erated. This year Last year The costs ol tho $chem¢ to thè chartty for the ytar Tho amoufit of any Eontributions outstanding al the y?ar end The amount of any ¢ontribution$ prepaid at Ihè yèar end CC17a IExceli 2411012024
Section C Notès to the accounts Icontl Note 8 Granimaking Please complete this not¢ il the charify mafle any grants or donations which in aggregate form a material part of the ch&ritable activities undertaken. 8.1 Totsl value of grants Grants to In5titutioTrs Total amount £ Grants to individuals Total amount £ Purpose lor whi¢h rants made for the feliel woik worldwide 5.129.00 515 Toral 5,129 515 8.1 Grantmaking costs If the charity's accounts arg prepared on the "activity basis" please give Oetails of any support cost a550ciated with grantmakin9. Please enter "Nil if the charity does not identify andlor allocate support costs. Support costs of grantmaking 8.3 Grants made to institutions 11 the charity has njade gf017ts to particular ins£it4Jrions th3t are material in the context of its grantrnaktn9 please give details of the institution supported. puKpose ol the grant and total paid to each institution listeLI. Siifficient infornlation should be given io provide a reasonable understanding of the rango ol institutlOn5 SU orted. Naines of institutions Purpose Total amount of rants paid £ 3,215 Relief Work Ummah WelfaiÈ 4,318 Relief Ivork Global Fieach 2.000 Relief'Nork Miislitn Charity 1,552 Rplief Work Friends of Palestine 4.800 L41ackburn Trust Ch8riiable work 6.278 Al Khair FoLJndalion Charitable work 6.114 Total grants ro insritUTions 28,277 CC17a IExceii 2411012024
Sectlon C 14otes to the accounts cont Note 9 Tangible fixed assets Please completQ Ihis note rf the charity has any tangibl• fixedassèts 9.1 C051 or valuation Froehold land ' thh&r & & buildings bvildings ptani. machintry and motor vehicles Fixtufes, fittiTrg5 and equipfflenl account and 4sset5 under COnSlrLetson Balance brought forwar Additions 1497 559 30 082 1.527.641 42661 42.661 Revèluaiions DIspos31S Transfers Balance carried forwaro 1 497 559 72.743 1 570.302 9.2 Accumulated dèpreciatson and irnpaifmeni provisions '8a$i$ SLoiRB SLorK8 SLR6 RB SLoiRB Rate Balonce brought 8772 6772 Depreciation chaw9e for ye3r lrnpaifmeni pro¥iSIONS 10995 10995 Revaluations 01sposals Translers. Balance carrièd lorwar¢ 17.767 17 767 9.3 Net book valu B TOu9ni loiwaro Carrieo lothard 1 497 559 1 497 559 23 310 $4.978 1.520 869 1 552 535 9.4 Revaluation Many fixed asseis hav• b•on r•valu•(I please give derafftls of ihe valuer and method of valuation The Yransfers. row Is ,tYmo¢emgnfs beh4.oeij lJ4CLI ai.%ef caie9OFies Please inc,':caie Ine r11ih( of deprecrElffioftTr rthleti{Ig ii?e meriiod noi applicable ISL 51raight line RB "eL1iJcii',g b3lariLe,' Al.%,- Hlpaso JridiAare iaiF off deprecir?fron lor stiaiylif ijiio wliJl is the a#ticipared llle ol rhe 8ssel IiKI yeai.sl rtClI}g tsr?lance whai Is Ihe percenfr1gp annual deduclrt)n Ccl 7a IExcell To 2411012024
Section C Notes to the accounts cont Note 10 Invèstmènt assets Pleas• complete thts no¢e rf ihe chariiy has any invesrment assets. 10.1 Fixed assets investments Caifyinq ,'mafkeii va1Lie 21 beginF.:ng of yeai Add. 3d(111101'.5 to Inveslmenis al COSI Less". disposals at C3rrying value Addlldeductl.. nel gainlllossl on revaluation Ldiry'.ng iiiia.'rfeli value al end ol year Please provide below.. 10.2 A breakdown of the market vzlues of investments shown above ageIng with Ihe balance sheet row BO3. 10.3 A breakdown of the income from in¥e$tmenis agreeing with SOFA row SO3. Analysis ol investments 10 3 Market value ai j Income from year end , invfrsiments for the y?ar Investment properties Invostments listed on a Tocognised stock exchange or ITeld in commo investment funds. open ended investment companies. unit trusts or other collective investment schemes Investments tn subsidiary or connected undertaklngs and ¢ompaniÈs Securities not listed on a Cognised Stock Excliange Cash held as part of the investment portfolio Other investments Total 10.4 Matèrial investment holdings If any single investment is material In terms of its value Ilor example represents more than 5 per cent of the value of the chartty's total investments) please provide details. Investment held Market Value CC173 (Excell 2411012024
Soctlon C Noltr$ to th• a¢¢ounts conl Not• 11 Debtors and prgpayments Please Complete ¢hls noto if the charity has Jny d¢bttsrs or rjv )aLmenrs. Arnounl8 lall¢n9 due withln one year Th1• y&ar Last year Analysi# ol debtor# mounts falling due after more than one year This ygar Lost year Trade debtors Amounls due from #ub•ldlary and ai8ociated undertaking8 Oth•r debtorn Prepaym•nts ind accruèd Incorne Total Not• 12 Creditors and accrLialg Please complero this note li rhe ¢h4rify has any Croditors or accruals. 12.1 Analysis ol trèditorn Amounts lalling duo Ithln one yoar Thi& year [- La81 year Amounts falling diJ8 aftèr more than one yoar Th18 yèar L18t yeir Loins •n¢ over¢r¥fts rradè cr•ditor¥ Amount¥ due to 3ubsidlary ¥nd ¥•socl¥tgd undertaking8 Oth•r Crèditors 700 700 105 732 105 732 Accruals and deferred incom? Tot¥1 12.2 S*¢iirity over assets 11 any loan, overdr)It or oth•r crodltor holds a charge or Other s•eurity over any assets ol the Charlty pleose provlde detthil$. CC178 (Excell 12 2411012024
Section C NotOS to the a¢counts Iconti Note 13 Etbdowment and restricted income funds Please Complete th1$ section rf the thariiy has any endowment or re5trscted incomt funds. 13.1 Fund8 h*ld Please give a brief description of any ol the following typè of funds held by the charity.. permanerit endowment lunds IPEI.. expendable endowment funds IEEI.. and restricted income lund$, Intluding special trust8, of the charity IRI. Type PE. EE orR Purpose and Resttiction5 Fund Nam¢ 13.2 Mo¥ernents of major funds Please give details ol the movements ol rhe major lund5 summarisod in the rè$tri¢ted ond endowment columns of the Statement of Financial Activities. un balances brovght i Incorning fotward resources balances carried forward Outgoing re8ource8 Gains and losses Transfers Fund names Total Fund$ 13.3 Translers between funds Please give deiaftls ol èny tran51ers betsveen lunds. From Fund INamel To Fund INamel Reason Amount CC 17a (Excell 24110,'2024
Section C Notes to the account5 cont Note 14 Transactions with related parties If the charity has any transaciions with relatedparties (other than the trustee expenses explained in note 61 details ol such Iransactions should be provided in this note. If there are no tran5aerions to report. please enrer "None" in the relevant boxe5. 14.1 Remuneration and benefits Please give the amount ol. and legal authority for, any remuneraiion or other benefits paid lo a trustèe or olher relaied parties by the charity or any institution or company connected with it. Amounts paid oi benefit value Name of trustee oi connected party Legal authority leg older, governing document) This year Last year 14.2 Loans Please give delails ol and amounts owing to or fron7 the charity's truslees or other related parties by thè charity at the year end. Amount owing This year Last year Name of trustee or connected party Legal authority Oue to trustees and related parties Due from trustees and lated parties 14.3 Other transactiorblsl with irusièes or rèlated partiès Please give details of any transaction undertaken by (or on beham ofj rhe charity in which a truslee or relared paty has a material interest. Name of the trustee or related party Relationship to charity Description of the transactionls This year Last year CC17a IExcell 2411012024
Sectlon C Nots8 to tho accounts Icont Note 15 Additional Disclosures The following are Significant matters which are not covered In other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here. please add a separate sheet. NIA CC173 (Excell 2411012024
Independent examiner's report on the accounts Report to the Chari'y n-," tru5teeslmembers of Islamic Education Trust CLtrmbernauld Registered charity SCO 32693 number On the accounts of the charity for the period Penod start dale Morylh Period end date Mopih Day Yes1 Day YeaF 01 04 20i3 to 31 03 2024 Set out on pages I 15 Respective The charity s Irknstees a responsible for the preparation ol the accounts ln accordance responsibilities of with the lerins DI the Lh3fl'.i- s and I rusteè Invesipnl IScollaDd i 2005 Aci and the trustees and examiner Charil,.p% AccoLinis (Scotland,, Regulations 2006 The charily Irusiees ronsider that the audir ieqliiiemenl of RegLJlaiion 10111 Idl ol the Accounts Regulations does not apply It s my respoiisibiilty lo examine the aCCQLJnls as required under section 44111 Icl ol the Act Ic) slate whelher particular mallers have come to my attention Basis of independent My exam1n3iion ts carrLed Oil In accordance with Regulation 11 01 the Chaiilies oxaminer's statement AccJunls IScoilanOI Regtsiation5 2006 Afj examir.ation InclJdes a review ol the accounling records kept by the charili and a comparison of the accoLJnts presented with those records li also Incluaes con51deralion ol any dnusual Items Dr d15Closures In the accounts and seexs explanation5 from the Iruslees concerning any Such marters The procedure5 undertaken do not provide all the evidence that would be required an audit ap,d consequently I do not expfess an audit opinion on the accoLJnis Independent examiner's statement In ih- oiirse ol my e.xamin{Ilion n? m8ite.r has rome. lo my alienlion gives rr.e reasorable cats'se lo believe tD.a: ip any m3:erial respect the reqUrementS lo keep accounli*g reco'ds In accordance wilh seclion 441 1 I (al ol ihe 2005 Act and Reguldt'.on 4 of the 20a6 Accounts Reyulations and lo prepare accoun15 li'.IIGh accord with the accouryl,'ng records and comply with Regulation 9 cl have nol beei mel Iiawn In order to enable a proper Relevant protes ) 11 qualificationlsl or bo- lif any).. Address.. r41 htThr;
Disclosure section Only complete If the examiner needs lo highlight materi81 problem5 Give here brief details of any item5 that the examiner wishes to disclose