IRIS Accounts Production v24.3.0.553 Other Company accounts True false Pounds 1.5.23 30.4.24 30.4.24 FY Dr K I J Al-Ani Ms R O Altikriti A Bougara B Naas Dr A F Helmy E H Kenawy FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true 24 24 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080435682023-04-30080435682024-04-30080435682023-05-012024-04-30080435682022-04-30080435682022-05-012023-04-30080435682023-04-3008043568ns0:CharitableCompanyLimitedByGuarantee2023-05-012024-04-3008043568ns15:PoundSterling2023-05-012024-04-3008043568ns0:Trustee22023-05-012024-04-3008043568ns0:Trustee32023-05-012024-04-3008043568ns0:Trustee12023-05-012024-04-3008043568ns0:Trustee42023-05-012024-04-3008043568ns0:Trustee52023-05-012024-04-3008043568ns0:Trustee62023-05-012024-04-3008043568ns11:FRS1022023-05-012024-04-3008043568ns11:IndependentExaminationCharity2023-05-012024-04-3008043568ns11:SmallCompaniesRegimeForAccounts2023-05-012024-04-3008043568ns11:FullAccounts2023-05-012024-04-3008043568ns11:CharitiesSORP2023-05-012024-04-3008043568ns16:EnglandWales2023-05-012024-04-3008043568ns11:RegisteredOffice2023-05-012024-04-3008043568ns11:CompanySecretary12023-05-012024-04-3008043568ns0:TotalUnrestrictedFunds2023-05-012024-04-3008043568ns0:TotalRestrictedIncomeFunds2023-05-012024-04-3008043568ns0:Activity82023-05-012024-04-3008043568ns0:TotalUnrestrictedFundsns0:Activity82023-05-012024-04-3008043568ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-05-012024-04-3008043568ns0:Activity82022-05-012023-04-3008043568ns0:TotalUnrestrictedFunds2023-04-3008043568ns0:TotalRestrictedIncomeFunds2023-04-3008043568ns0:TotalUnrestrictedFunds2024-04-3008043568ns0:TotalRestrictedIncomeFunds2024-04-3008043568ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-04-3008043568ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2024-04-3008043568ns10:WithinOneYear2024-04-3008043568ns10:WithinOneYear2023-04-300804356822023-05-012024-04-3008043568ns10:OwnedAssets2023-05-012024-04-3008043568ns10:OwnedAssets2022-05-012023-04-3008043568ns0:TotalUnrestrictedFunds2022-05-012023-04-3008043568ns0:TotalRestrictedIncomeFunds2022-05-012023-04-3008043568ns0:TotalUnrestrictedFundsns0:Activity82022-05-012023-04-3008043568ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-05-012023-04-3008043568ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-04-3008043568ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2023-04-3008043568ns10:PlantMachinery2023-04-3008043568ns10:FurnitureFittings2023-04-3008043568ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-05-012024-04-3008043568ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2023-05-012024-04-3008043568ns10:PlantMachinery2023-05-012024-04-3008043568ns10:FurnitureFittings2023-05-012024-04-3008043568ns10:OwnedOrFreeholdAssetsns10:LandBuildings2024-04-3008043568ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2024-04-3008043568ns10:PlantMachinery2024-04-3008043568ns10:FurnitureFittings2024-04-3008043568ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-04-3008043568ns10:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment2023-04-3008043568ns10:PlantMachinery2023-04-3008043568ns10:FurnitureFittings2023-04-3008043568ns10:WithinOneYear2022-04-30
REGISTERED COMPANY NUMBER: 08043568 (England and Wales)
REGISTERED CHARITY NUMBER: 1147031














Report of the Trustees and

Financial Statements for the Year Ended 30 April 2024

for

M A B Charitable Trust
(A Company Limited by Guarantee)

M A B Charitable Trust






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Report of the Trustees 1

Independent Examiner's Report 2

Statement of Financial Activities 3

Balance Sheet 4 to 5

Cash Flow Statement 6

Notes to the Cash Flow Statement 7

Notes to the Financial Statements 8 to 13

M A B Charitable Trust (Registered number: 08043568)

Report of the Trustees
for the Year Ended 30 April 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
08043568 (England and Wales)

Registered Charity number
1147031

Registered office
10 Severn Road
Sheffield
South Yorkshire
S10 2SU

Trustees
A Bougara School Teacher
Dr K I J Al-Ani Medical Doctor
B Naas HR And Office Manager
Dr A F Helmy
E H Kenawy Project Manager

Company Secretary

Independent Examiner
Shoakat Zaman
Eccounting UK
AR Business Centre
12 The Crofts
Rotherham
South Yorkshire
S60 2DJ

Approved by order of the board of trustees on 24 February 2025 and signed on its behalf by:





A Bougara - Trustee

Independent Examiner's Report to the Trustees of
M A B Charitable Trust

Independent examiner's report to the trustees of M A B Charitable Trust ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Financial Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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 accounts to be reached.








Shoakat Zaman
The Institute of Financial Accountants

Eccounting UK
AR Business Centre
12 The Crofts
Rotherham
South Yorkshire
S60 2DJ

24 February 2025

M A B Charitable Trust

Statement of Financial Activities
for the Year Ended 30 April 2024

30.4.24 30.4.23
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 780,190 - 780,190 687,787

Investment income 3 90,464 - 90,464 112,059
Total 870,654 - 870,654 799,846

EXPENDITURE ON
Charitable activities 4
Charitable activities 884,698 - 884,698 795,963

Other - - - 900
Total 884,698 - 884,698 796,863

NET INCOME/(EXPENDITURE) (14,044 ) - (14,044 ) 2,983


RECONCILIATION OF FUNDS
Total funds brought forward 844,854 - 844,854 841,871

TOTAL FUNDS CARRIED FORWARD 830,810 - 830,810 844,854

M A B Charitable Trust (Registered number: 08043568)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 11 310,501 - 310,501 385,059

CURRENT ASSETS
Debtors 12 9,727 - 9,727 9,727
Cash at bank and in hand 546,134 - 546,134 485,619
555,861 - 555,861 495,346

CREDITORS
Amounts falling due within one year 13 (35,552 ) - (35,552 ) (35,551 )

NET CURRENT ASSETS 520,309 - 520,309 459,795

TOTAL ASSETS LESS CURRENT
LIABILITIES

830,810

-

830,810

844,854

NET ASSETS 830,810 - 830,810 844,854
FUNDS 15
Unrestricted funds 830,810 844,854
TOTAL FUNDS 830,810 844,854

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


M A B Charitable Trust (Registered number: 08043568)

Balance Sheet - continued
30 April 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 24 February 2025 and were signed on its behalf by:





A Bougara - Trustee





K I J Al-Ani - Trustee

M A B Charitable Trust

Cash Flow Statement
for the Year Ended 30 April 2024

30.4.24 30.4.23
Notes £    £   

Cash flows from operating activities
Cash generated from operations 1 60,515 107,340
Net cash provided by operating activities 60,515 107,340

Change in cash and cash equivalents in
the reporting period

60,515

107,340
Cash and cash equivalents at the
beginning of the reporting period

485,619

378,279
Cash and cash equivalents at the end of
the reporting period

546,134

485,619

M A B Charitable Trust

Notes to the Cash Flow Statement
for the Year Ended 30 April 2024

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM
OPERATING ACTIVITIES
30.4.24 30.4.23
£    £   
Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities)

(14,044

)

2,983
Adjustments for:
Depreciation charges 74,558 75,357
Decrease in debtors 1 30,000
Decrease in creditors - (1,000 )
Net cash provided by operations 60,515 107,340


2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.5.23 Cash flow At 30.4.24
£    £    £   
Net cash
Cash at bank and in hand 485,619 60,515 546,134
485,619 60,515 546,134

Debt
Debts falling due within 1 year (32,540 ) - (32,540 )
(32,540 ) - (32,540 )
Total 453,079 60,515 513,594

M A B Charitable Trust

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets
Depreciation/amortisation is charged at following basis:

Freehold building - 2% at cost
Leasehold property improvements - over lease period
Plant and machinery- 25% reducing balance
Fixtures and fittings - 25% reducing balance

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.


M A B Charitable Trust

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. DONATIONS AND LEGACIES
30.4.24 30.4.23
£    £   
Donations 780,190 687,787

3. INVESTMENT INCOME
30.4.24 30.4.23
£    £   
Rents received 90,464 112,059

4. CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities Support
(see note costs (see
5) note 6) Totals
£    £    £   
Charitable activities 105,076 779,622 884,698

5. GRANTS PAYABLE
30.4.24 30.4.23
£    £   
Charitable activities 105,076 147,893


6. SUPPORT COSTS
Governance
Management Finance costs Totals
£    £    £    £   
Charitable activities 762,454 4,227 12,941 779,622

7. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.4.24 30.4.23
£    £   
Depreciation - owned assets 74,558 75,357
Other operating leases 26,165 21,923


M A B Charitable Trust

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2024 nor for the year ended 30 April 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2024 nor for the year ended 30 April 2023.


9. STAFF COSTS

Staff costs during the period were £226,276.

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 687,787 - 687,787

Investment income 112,059 - 112,059
Total 799,846 - 799,846

EXPENDITURE ON
Charitable activities
Charitable activities 795,963 - 795,963

Other 900 - 900
Total 796,863 - 796,863

NET INCOME 2,983 - 2,983


RECONCILIATION OF FUNDS
Total funds brought forward 841,871 - 841,871

TOTAL FUNDS CARRIED FORWARD 844,854 - 844,854


M A B Charitable Trust

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

11. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to Plant and and
property property machinery fittings Totals
£    £    £    £    £   
COST
At 1 May 2023 and
30 April 2024

418,994

446,481

9,176

30,628

905,279

DEPRECIATION
At 1 May 2023 148,618 341,380 6,963 23,259 520,220
Charge for year 8,380 63,783 553 1,842 74,558
At 30 April 2024 156,998 405,163 7,516 25,101 594,778
NET BOOK VALUE
At 30 April 2024 261,996 41,318 1,660 5,527 310,501
At 30 April 2023 270,376 105,101 2,213 7,369 385,059

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 9,727 9,727

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other loans (see note 14) 32,540 32,540
Accrued expenses 3,012 3,011
35,552 35,551

14. LOANS

An analysis of the maturity of loans is given below:

30.4.24 30.4.23
£    £   
Amounts falling due within one year on demand:
Other loans 32,540 32,540


M A B Charitable Trust

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

15. MOVEMENT IN FUNDS
Net
movement At
At 1.5.23 in funds 30.4.24
£    £    £   
Unrestricted funds
General fund 844,854 (14,044 ) 830,810

TOTAL FUNDS 844,854 (14,044 ) 830,810

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 870,654 (884,698 ) (14,044 )

TOTAL FUNDS 870,654 (884,698 ) (14,044 )


Comparatives for movement in funds

Net
movement At
At 1.5.22 in funds 30.4.23
£    £    £   
Unrestricted funds
General fund 841,871 2,983 844,854

TOTAL FUNDS 841,871 2,983 844,854

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 799,846 (796,863 ) 2,983

TOTAL FUNDS 799,846 (796,863 ) 2,983

M A B Charitable Trust

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

15. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.5.22 in funds 30.4.24
£    £    £   
Unrestricted funds
General fund 841,871 (11,061 ) 830,810

TOTAL FUNDS 841,871 (11,061 ) 830,810

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 1,670,500 (1,681,561 ) (11,061 )

TOTAL FUNDS 1,670,500 (1,681,561 ) (11,061 )

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2024.