REGISTERED COMPANY NUMBER: 09500079 (England and Wales)

REGISTERED CHARITY NUMBER: 1166805

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

SAKINA EDUCATION AND SKILLS

Page

Report of the Trustees

1

to

4

Independent Examiner's Report

5

Statement of Financial Activities

6

Balance Sheet

7

to

8

Notes to the Financial Statements

9

to

13

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 31 March 2025. 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the charity are to advance the education of young people for the public benefit by making grants, awards, interest-free loans and mentoring support to students who are financially disadvantaged so that they may access full time education.

Significant activities

During the year the Trustees received applications for grant assistance from individuals and their families.The Trustees assessed the applications and in accordance with the charity's grant making policy, they supported one individual with mentoring and educational support.

The Trustees introduced funds into the charity and together with the accumulated funds, enabled the charity to maintain a property.from which it is receiving rental income.

The Trustees continued it's work on a marketing plan to raise awareness of the charity and to attract funds.

The Trustees continued to update the charity's strategic plan.

The Trustees are continuing with their fundraising plan to raise funds from external sources. The charity received donations arising from this plan.

Public benefit

The Trustees are aware of the Charity Commission's guidance on public benefit reporting as set out in Section 17 of the Charities Act 2011.

The Trustees believe that their objectives and activities to advance the education of young people who are financially disadvantaged is for the general benefit of the public.

Grantmaking

The charity provided a grant to one individual to assist with the advancement of the individual's education. The charity continued to provide mentoring support to individuals to whom funding had been provided in prior years.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The Trustees used the charity's fundraising plan to market the objectives of the charity and were able to raise funds from individuals under the gift aid scheme.

The Trustees were involved with the management of a property that is generating investment income that is being used to provide mentoring support to individuals.

FINANCIAL REVIEW

Financial position

During the year the charity received donations and gift aid of £8,286 (2024: £12,267). The charity received investment income of £9,700 (2024: £9,200). Total expenditure in the year was £8,468 (2024: £9,924). Net income was £9,518 (2024: £11,543). Total funds carried forward are £179,728 (2024: £170,210)

The charity has cash reserves of £44,178 (2024: £36,027) which the Trustees consider to be sufficient to fund additional grant support.

Fixed assets of £132,865 (2024: £132,865) relate to the ownership of a property. Net current assets amount to £46,863 (2024: £37,345) and total funds carried forward are £179,728 (2024: £170,210).

Reserves policy

The Trustees will review the reserves of the charity on an annual basis and consider the current reserves position of the charity to be adequate.

Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The validity of this assumption is on the basis that the charity will continue to be supported by the trustees. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

FUTURE PLANS

The Trustees will continue to raise awareness of the charity's activities.

The Trustees will provide further funds to continue with the charity's objectives.

The Trustees will continue to receive applications for grants from people in need and assess them in accordance with the charity's grant making policy.

The Trustees will continue to maintain the property to enable it to produce charitable income to support the advancement of education.

The Trustees will consider making further investments in capital assets and use the income from such investments to fund grants.

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.

The charity is a company limited by guarantee governed by its Memorandum and Articles of Association dated 27 November 2014 and amended on 16 March 2016 to reflect a modification of the objects It is a registered charity with the Charity Commission, registered on 28 April 2016.

Recruitment and appointment of new trustees

According to the Articles of Association, the members of the Board of Directors who are also the Trustees of the charity shall be a minimum of one and there is no maximum.

Organisational structure

At the request of at least two Board members, a meeting of the Board is held. All decisions are based on the majority of the Board attending and voting. The quorum for the Board is two Board members. The Board meets regularly to deal with operational and financial developments of the charity.

The Board has established a Financial Advisory Group which reports to the Board on financial matters and a Education Support Advisory Group that reports to the Board on applications and suitability of provision of funding to individuals. Trustees of the Board are assigned to these groups and some also have responsibilities in respect of marketing and communications, fundraising, administration and commercial contracts.

Induction and training of new trustees

New Trustees undergo an orientation day to brief them on their legal obligations under the charity and company law, the content of the Memorandum and Articles of Association, the decision making process, the recent financial performance of the charity, the recent developments and the future plans. During the induction day they meet key officers, stakeholders and other Trustees. Trustees are encouraged to attend external training events relevant to develop their skills and gain experience relevant to their roles and responsibilities.

Risk management

The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees review the risk management strategy to identify risks and ensure procedures are developed to mitigate these risks.

Environment Policy

The Trustees remain fully committed to a practical and cost-effective approach to safeguarding the environment. Priority is given to conserve and make efficient use of energy and the recycling of waste.

Health and Safety Policy

It is the charity's policy to provide adequate control of the health and safety risks associated with it's activities, to consult with all involved on health and safety matters, to provide information including suitable training and to maintain a safe and healthy working environment.

Risk Management

The Trustees have given consideration to the major risks to which the charity is exposed and satisfied themselves that systems or procedures are established in order to manage those risks.

The Trustees acknowledge their responsibility to manage risk associated with the charity's activities and during the year have considered the major risks that may have a probable or highly probable likelihood of occurring. The areas of consideration included governance, operations, finances, environmental or external factors and the charity's compliance with the law and regulations.

The Trustees identify risk using various processes including risk assessments. The identified risk is recorded and internal controls identified to manage the risk.

The Trustees consider the overall risk of the charity's activities are low.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

09500079 (England and Wales)

Registered Charity number

1166805

Registered office

Unit 2 Hatherton Court

21 Hatherton Street

Walsall

West Midlands

WS4 2LA

Trustees

T M Cheema

F M Cheema

Dr N M Cheema

Dr M N Cheema

F O Cheema

Independent Examiner

Jassal and Company

Chartered Accountants and Registered Auditors

Unit 2 Hatherton Court

21 Hatherton Street

Walsall

West Midlands

WS4 2LA

COMMENCEMENT OF ACTIVITIES

The charity was incorporated on 19 March 2015 as a company limited by guarantee and was registered with the Charity Commission on 28 April 2016.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 28 December 2025 and signed on its behalf by:

Dr M N Cheema - Trustee

Independent examiner's report to the trustees of Sakina Education and Skills ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

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

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.

Rajinder Jassal FCA

Jassal and Company

Chartered Accountants and Registered Auditors

Unit 2 Hatherton Court

21 Hatherton Street

Walsall

West Midlands

WS4 2LA

28 December 2025

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

8,286

12,267

Investment income

2

9,700

9,200

Total

17,986

21,467

EXPENDITURE ON

Raising funds

3

1,570

239

Charitable activities

Education support

5,059

7,950

Other

1,839

1,735

Total

8,468

9,924

NET INCOME

9,518

11,543

RECONCILIATION OF FUNDS

Total funds brought forward

170,210

158,667

TOTAL FUNDS CARRIED FORWARD

179,728

170,210

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

7

132,865

132,865

CURRENT ASSETS

Debtors

8

4,746

2,300

Cash at bank

44,178

36,027

48,924

38,327

CREDITORS

Amounts falling due within one year

9

(2,061

)

(982

)

NET CURRENT ASSETS

46,863

37,345

TOTAL ASSETS LESS CURRENT LIABILITIES

179,728

170,210

NET ASSETS

179,728

170,210

FUNDS

10

Unrestricted funds

179,728

170,210

TOTAL FUNDS

179,728

170,210

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 28 December 2025 and were signed on its behalf by:

M N Cheema - Trustee

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.

These financial statements are prepared in Sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

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. Donations are recognised when received. Gift aid is recognised when receiveable.

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 is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - Nil

At each reporting period end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. Any impairment loss arising is charged to the profit and loss account in the year to which it relates.

Taxation

The charity is exempt from corporation tax on its charitable activities.

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.

2.	INVESTMENT INCOME

2025

2024

£

£

Rents received

9,700

9,200

3.	RAISING FUNDS

Investment management costs

2025

2024

£

£

Property repairs

1,570

239

4.	TRUSTEES' 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

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

5.	AVERAGE NUMBER OF EMPLOYEES

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

12,267

Investment income

9,200

Total

21,467

EXPENDITURE ON

Raising funds

239

Charitable activities

Education support

7,950

Other

1,735

Total

9,924

NET INCOME

11,543

RECONCILIATION OF FUNDS

Total funds brought forward

158,667

TOTAL FUNDS CARRIED FORWARD

170,210

7.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

property

property

Totals

£

£

£

COST

At 1 April 2024 and 31 March 2025

100,762

32,103

132,865

NET BOOK VALUE

At 31 March 2025

100,762

32,103

132,865

At 31 March 2024

100,762

32,103

132,865

8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

3,957

2,300

Prepayments

789

-

4,746

2,300

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Accrued expenses

2,061

982

10.	MOVEMENT IN FUNDS

Net

movement

At

At 1.4.24

in funds

31.3.25

£

£

£

Unrestricted funds

General fund

170,210

9,518

179,728

TOTAL FUNDS

170,210

9,518

179,728

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

17,986

(8,468

)

9,518

TOTAL FUNDS

17,986

(8,468

)

9,518

Comparatives for movement in funds

Net

movement

At

At 1.4.23

in funds

31.3.24

£

£

£

Unrestricted funds

General fund

158,667

11,543

170,210

TOTAL FUNDS

158,667

11,543

170,210

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

21,467

(9,924

)

11,543

TOTAL FUNDS

21,467

(9,924

)

11,543

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

Net

movement

At

At 1.4.23

in funds

31.3.25

£

£

£

Unrestricted funds

General fund

158,667

21,061

179,728

TOTAL FUNDS

158,667

21,061

179,728

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

39,453

(18,392

)

21,061

TOTAL FUNDS

39,453

(18,392

)

21,061

11.	RELATED PARTY DISCLOSURES

During the year a donation of £5,059 was received from Dr M N Cheema, a Trustee of the charity. The donation was received by the charity without condition.