Company Registration No. 03038595 (England and Wales)
Ansar Finance Group Limited
Unaudited accounts
for the year ended 31 March 2025
Ansar Finance Group Limited
Unaudited accounts
Contents
Ansar Finance Group Limited
Company Information
for the year ended 31 March 2025
Directors
Naseer Nazar
Mohammad Rafiq
Abid Ahmed Satwilkar
Anjum Zulfiqar
Company Number
03038595 (England and Wales)
Registered Office
59 Kingsway
Manchester
Lancashire
M19 2LL
England
Accountants
The Accountants & Management Consultants Ltd
6 Frome Drive
Crumpsall
Manchester
M8 0GA
Ansar Finance Group Limited
Statement of financial position
as at 31 March 2025
Tangible assets
21,464
24,466
Cash at bank and in hand
496,446
601,929
Creditors: amounts falling due within one year
(16,032)
(31,623)
Net current assets
1,084,468
1,090,137
Net assets
1,105,940
1,114,611
Profit and loss account
1,105,940
1,114,611
Shareholders' funds
1,105,940
1,114,611
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by
Anjum Zulfiqar
Director
Company Registration No. 03038595
Ansar Finance Group Limited
Notes to the Accounts
for the year ended 31 March 2025
Ansar Finance Group Limited is a private company, limited by shares, registered in England and Wales, registration number 03038595. The registered office is 59 Kingsway, Manchester, Lancashire, M19 2LL, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The financial statements of the charity, 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 un the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Preparation of consolidated financial statements:
The financial statements contain information about Ansar Finance Group Limited as an individual charity and do not contain consolidated financial information as the parent of the group. The company is exempt under Section 399 (2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
The charity's financial statements for the current year have been prepared on a going concern basis as, after making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
Ansar Finance Group Limited
Notes to the Accounts
for the year ended 31 March 2025
Income, expenditure & governance costs
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 accrual 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.
Governance costs:
Governance costs comprises costs for the running of the charity.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Plant & machinery
15% reducing balance
Computer equipment
25% reducing balance
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Pension costs & other post-retirement benefits
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
27,212
27,068
19,503
73,783
At 31 March 2025
27,562
27,068
19,503
74,133
At 1 April 2024
6,767
23,285
19,265
49,317
Charge for the year
2,725
568
59
3,352
At 31 March 2025
9,492
23,853
19,324
52,669
At 31 March 2025
18,070
3,215
179
21,464
At 31 March 2024
20,445
3,783
238
24,466
Ansar Finance Group Limited
Notes to the Accounts
for the year ended 31 March 2025
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Investments
Subsidiary undertakings
Valuation at 1 April 2024
8
Valuation at 31 March 2025
8
Investment in subsidiaries undertakings are recognised at cost.
Amounts falling due within one year
Trade debtors
264,575
191,833
Amounts due from group undertakings etc.
311,857
311,857
Accrued income and prepayments
23,924
12,500
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
3,070
1,896
Taxes and social security
627
932
Other creditors
11,585
28,045
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Transactions with related parties
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
Trustee's remuneration and benefits
There were no trustees' remuneration or other benefits for the year ended 31 March 2025, nor for the year ended 31 March 2024.
Trustees' expenses
The charity arranged an OBE celebration for the founder and awarded an umrah package amounting to £2,500 as a gesture of appreciation for his lifelong contribution to the charity during the year ended 31 March 2024. There were no trustees' expenses paid for the year ended 31 March 2025.
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Average number of employees
During the year the average number of employees was 2 (2024: 2).