REGISTERED CHARITY NUMBER: 101)0204
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FOR
MADRASSA TALIMUL ISLAM
Prestons & Jacksons Partnership LLP
364 - 368 Cranbrook Road
Ilford
Es.%ex
IG2 6HY

MADRASSA TALIMUL ISLAM
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Trustees
Independent ExAminerls Report
Statement of Flnancaal Actlvltlej
io
Balance Sheet
Notes to the Financial Statement8
12 to 18
Detslled Statement of Flnanctal Activities
19 to 20

MADIL4SSA TALIMUL ISLAM
RFPORT OF THE TRUSTEES
FOR THE YEAR EIYDED 31 MARCH 2024
The trust¢es present their report with the financial statements of the charity for the year ended
31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities:
Statement of Recommended Practice applicabl¢ to charities preparing their accounts in accordance with the
Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102) (effective l January
2019).
ORIECTIVES AND ACTIVITIES
Objectives and aims
The objects of the Charity are the promotion of Islamic religious education for the local Muslim community
and to provide daily prayer facility. The Charity provides Islamic tuition to approximately 200-250 children
and classes for Islamic education to adults of the Muslim community.
The promotion of good quality Islamic education has been a continuing aim and objective of the Charity
since its establishment. The Charity also aims to promote a united community. It is continual in its
condemnation of religious hatc crimes.
The following ar¢ some of the activitieslservices provided by the Charity.,
Regvular prayers in congregation
' Madrassah class
Hifz classes (memorisation of thc Quran)
Adult Islamic Studics c1&8ses
Lectures and scminars FLcld on a regular basis.
Quran & TafsiT Classes
7akaat collection and distribution service
' Nikah (marriage) ceremonie8
Youth engagement activities
Adult tea club
Publfic benefit
The Trustees confirni that they have complied with the duty in seclion 4 of the Charities Act 2011 to have
due regard to public benefil guidance published by tho Commission in determining the activities undertaken
by the Charity.
Trust Advisors
Solicitor8
The Charity will, when required. seek legal advice from Whitmore Law LLP, 10 Cameron Road, Seven
Kings? Ilford Essex IG3 8LA (Mr Abdul Raufj.
Independent Exarniners
Th¢ Charity continues to use the services of its accountancy. Pr¢stons and Jacksons Partnership LLP and is
grateful for their on-going support.
Arcbiteets
The Charity has appointed Freeman Ankernian Partn¢rship Ltd, 198 Providence Sq.. Jacob StreeL London
SEI 2DZ to draw up plans and obtain Newham Coun¢il Permission to convert the .shop premises at 236-238
High St. North, E12 6SB in Mosque prayer hall. The architect is also appointed to draw plans to convert the
charity premises at 248 High St. North, E12 6SB into flats on the request of Newham Council.
Page I

MADRASSA TALIMUL ISLAM
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE
Madrassa Talimul Islam April 2023 - 2024
AehievemeDts And highlights during the year
The whole of the premises at 241E High St. North has been now been le￿¢d to Letslocate Ltd, whi¢h
includes the car parL first and second floor of the buildlng.
The revised planning application for the shop floor (forn]ally 99p store) conversion were submitted lo
Newham Council in F¢bruary 2020 for approval and in July 2020 our planning application was approved by
Newham Planning Application Committee. Our solicitor Abdul Rauf (of Whitmore Solicitors) is currently in
the Process of a agreeing a working framework (Sl 06 planning agreement) between Madrassa Talimul Islam
and Newham Council before we can start any building work. As of cnd March 2024 our solicitors have not
been able to complete the working framework (i.e. S106 agreement) wittL Newham council. We still do not
have a date when the S106 agrecment will be compl¢ted.
An Annual Jalsa (prize giving) was held to mark the end of the Madrasah academic year. Many of the
Madrassah students Carried out activities that showed what they learned during the year, e.g. recitation of the
Quran, give a short speech etc, The audience consisted of parents and other regular users of ihe Masjid.
The Charity invited a number of renowned Islamic scholars to give speeches on various Islamic topics, some
topics included:
Family Issues. Reasons and Solutions
- Reviving Imaan
- Zikr and its Virtues
Rewards in giving in Charity
Islamic Inherit￿¢¢
Hifdh Lomplelion
Harms of Interest
The Charity also organised two successful Youth Conferences where renowned young Islamic scholars were
invited to part good advice to the young members of the community. Food was provided at the end to
everyone who attended the event.
We restarted youth activities for 2 days a week (Friday after Madrassa and Sunday afternoon) at 236-238
High St. North for the Madrassa children. The activities includc table tennis, table football etc. We also took
the senior students and their teachcrs for paint balling, fun was had by all.
This year we have received £20K of funding from Ncwham Council for the youlh activities run by the
Charity.
MADRASSA TALIMUL ISLAM PROJECTS
Womens Classes:
Madrassa Talimul Islam runs classes for Women who want to further they knowledge of Islam. These classes
are very popular with women of all age groups.
In early 2013 we started Quran Tafsir (Quran Commentary) during the Women's classes.
These classes have been restarted after Covid-19 and relocated to 248A High Street North,
Hifz Classes (Quran memorisation)
Page 2

MADRASSA TALIMUL ISLAM
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The hifz class promotes the complete tnemorisation of the Qur'an. There are approximately 15 boys in the
class which are held twice every weekday from 6:15am to 7:30am and 5..00pm to 7..00pm.
Madrassahs:
Madra5sahs are after ￿h0o1 classes wheT¢ Quran and Islamir knowledge are laught.
The Madrassah runs five days a week from 5:00pm to 7:00pm. Approximately two hundred childr¢n aged
five and above currently attending follow a strategic curriculum.
We also run we¢kend madrassah classes from 9:30am to 12:30pm for those children who are unable to join
the weekday classes. Approximately 50 children aged 5 years and above currently attend the weekend
classes.
The Madr&ssah held its Prize Giving Day Ceremony where students were presented with prizes and
ccrtificatcs.
W¢ organisaj a cours¢ titl¢d 'Saf¢guarding Children, for the Madrassa leachcrs during the year, this was
given by an external organisation spe¢ialising in this field.
Mosque:
This is where the five daily regular prayers take place as well as the main Friday Congregational prayer.
Comprehensive translation of the Quran, in lJrdu and English, is given by the Imam three days a we¢k after a
congregalional pray¢r. One day a week thc Imam also givcs Islamic Fiqh and Hadeeth leclures.
A short lesson from the Hadith books is also given by the Imam at least once during the day after a
congregational prayer.
Somc of the activiti¢s in the Mosque:
Five limes daily congregational prayers
- Friday Jummah prayers (2 Jummahs in the summer months)
Quranic t¢a¢hings in UTdu and English
Fiqh (Islamic rulings) and Hadeeth talks
- Short readings from Hadeeth books
RamadhaD:
Madrassa Talimul Islam Lharity invited Muslims to share food during the evenings in Ramadhan.
The food was provided from donation given by the community specifically for this purpose.
Islamic lectures were organised for the young members of the community. which were given by local young
scholars in English.
eci41 A
eals
Zakgal gDd S8dA
Restricted funds
Madrassa Talimul Islam held appeals throughout the year to raise money for disast¢r areas around the world.
A specidl effort to raise money for flood victims in Indi& Pakistan and earthquake victims in turkey was
carried out. Other disasters benefitted from appeals were in Yemen, Syria, Iraq, Palestine, India, Pakistan
and Bangladesh.
Page 3

MADRASSA TALIMUL ISLAM
REPORT OF THE TRUSTEES
FOR THE YEAR EIYDED 31 MARCH 2024
FINANCIAL REVIEW
Reserves policy
Reserves are n¢￿ed to bridge the gap between the spending and receiving of income and to cover unplanned
emergency repairs and other expendilure. The trust average monthly spending was approximately £15,000
(2023: £19,000 per month during year ended 3 1st March 2024,
The trustees consider that the ideal level of reservcs would cover six months spending which is
approximalely £90,000. The current reserves at balance sheet date were £2,615,037 (2023: £2,438,249) , all
of which were unrestricted. The trustees consider the trust is in a healthy position to continue support the
charity objectives.
FINANCE
The fi inancial Statements that follow relates to the Madrassa Talimul Islam Charity the year to 31 st March
2024. On approval the accounts will be sent to the Charity Commission.
The Annual Report and Statement of Financial Activities compl¢ted the full annual accounts.
We have been able to lease the whole of the building at 241E High Street North to Letlocate Ltd and
negotiations for a new lease for the shop at 248A High Street are still in progress.
We have started raising funds for the renovation work to the ground floor (fonnally 99p Store) of 236-238
High Street North. The plans for this renovation were approved by Newham counLil in July 2020.
FUTURE PLANS
Aims of the Cbarlty are:
To renovate 236-238 High Strect North in line with Ihe approved plans.
Renovate the building at 248A High Street North and bring it up to modern standard.
Introduce activities that involve the local Youths so that they feel part of the Charity.
Get involved in Charity work to help the local community. this may be in partnership with other reli¥ious
organisalions.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Cbarlty
The charity is controlled by its governing document, a deed of trust and conslitutes an unincorporated
charity.
Page 4

MADRASSA TALIMUL ISLAM
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The Madrassa Talimul Islam Charity was established on 30th August 1990 as a place of worship and Islamic
learning to cater for the needs of the Muslims and others in the vicinity.
Its main specialisation currently compromises of a Mosque and Madra￿ah. The Charity is gov¢rned by its
Constitution which sets out its aims and rules.
Madr&8sa Talimul Islam Charity is continuously working with local authoritie& charities and organisations
to allow access to Islamic education and the use of our facilities.
Cbarit Trnstees
There are six Trustees of th¢ Madrassa Talimul Islam Charity who oversee the smooth running of the
Charity.
Truslees are valuable assets for the charity because they bring an outside viewpoint and a wealth of
experience and knowledge in community work.
Executive Council
The Executive Council of the Charity is elected by its members for a fixed three-year term. There are at least
seven members of the Execulive Council who oversee the day-t￿thy management and administration of the
Charity. The Executiv¢ Council include three orrice Bearers: President, Secreiary and Treasurer.
Executive Coun¢il members are elected by the Charity members during the Annual General Meeting. To be
eligible, th¢ Executive Council member must be a member of the Charity and show an interest in achieving
the aims of the Charity.
FADanc¢
The Executive Council meet regularly to discu8S the financial health of the Charity. One of the main
objectives established by the Executive Council is to repay its creditors ahead of 8chedule.
The Charity has impl¢m¢nted its own slrict financial procedures to ensure all assets, including money arc
us¢d TesponsibEy. The Charity ensures ils Asset Register is kept up to date. The Charity adheres lo the
Money Laundering Regulations,
All Executive Council members pay due regard to the Charity Commission guidance on Public Benefit when
deciding its activities, ensuring it meets the Charity's aims.
The Charity relics on donations from thc community and fund-raising evenls to cover at least part of the
running costs. Renlal income from the Charities &ssets has helped to pay the Charities debts and ongoing
expenses.
Barclays Bank PIC is used as the Charity's principled Bankers, with accounts also held at the Natwest PIC and
Rayyan Bank.
Volunteer5
The Charity relies a wat deal on high quality volunteers. The contribution of changing the community is not
only made by its Trustees and Staff but also many volunteers who give their time supporting the Charity in
the planning and implementation of events and services offered.
Page 5

MADRASSA TALIMUL ISLAM
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
STRucfuRE. GOVERf4ANCE AND MANAGEMENT
Risk management
Possible risks facing th¢ whole organisation are discussed in the Executive Council meeting. Systems are
consistently being r¢view¢d and updated as and when warranted to diminish identified risks to an acceptable
level. Control systems, insurance cover and other measures are used as appropriate.
The Executive Council also recognises ihe need to maintain the Charity's independence and develop income
strategtes to ensure the Charity's financial stability well into the 21 st century.
REFERENCE AIYD ADMINISTRATIVE DETAIIS
Registered Charity number
1000204
Principal address
113 Byron Av¥nu¢
London
E12 6NQ
Trustees
Board of Trustees
Mr Yakub Ali
Mr Omarji Mohmed Ahmed
Mr Al)dul Raz7Aq Patel
Mr Ahmed V. Patel
Mr Yusuf Ahmed Umerji
Mr Siraz Ahmed Y Patel - Appointed 28th August 2023
Ahmed Nekiwala - Resigned 28th August 2023
Eieeullve Council
Mr Muhammad Hussain - President
Mr Yusuf Umerji - Secretary
Mr Sahir Saeed - Treasurer
Mr Sajid Bhutawala - Executive Member
Mr Ibrahim Amanjl - Executive Member
Mr Ily&s Khankhara- Exccutive Member
Mr Mohsin Patel - Execulive Member- Appointed on 28th August 2023
Mr Shakil Patel - Executive Member
Mr Sohail Bharuchi - Executive Member
Mr Sohail Patel - Executive Member
Mr Zubair Munshi - Executive Member
Mr Adil Janab - Executive Member- Appointed on 28th August 2023
Heads
Headteacher - Mr Zainul Abidin
Girls Headt¢acher- Mrs Mubeena Bachcha
Hifz Class - Mr Mushtaq Patel
In￿n - Mr Mushtaq Patel
Imam - Mr Zakir Munshi
Page 6

MADRASSA TALIMUL ISLAM
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Anwer Patel BA (Hons) FCA BFP
Prestons & Jacksons Partnership LLP
364- 368 Cranbrook Road
Ilford
Essex
IG2 6HY
Registered AddreJs¢s
Head Office
248A Fligh Street North
Manor Park
London
E12 6SB
Masjidlmadrgsga
248A High Street North
Manor Park
London
E12 6SB
236-238 High Street North
Manor Park
London
E12 6SB
241 E High Street North
Manor Park
London
E126SJ
Main Banke
Barclays Bank PIC
Barking Road
London E13 9PL
Rayyan Bank
233-235 High Str¢etNorth
East Ham
London E6 IJG
Natwest PIC
High Street North
East Ham
London E6 1 HS
Page 7

MADRASSA TALIMUL ISLIIM
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
J¥./ I
Approved by order of the board of trustees on ... ..... ..
. and Si￿ed on its behaifby:
Trustee Cl
Page 8

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
MADRASSA TALIMUL ISLAM
Independent examlner's report to the trustees of Madrassa Talimul Islam
I report to the charity trustees on my examination of the accounts of Madrassa Talimul Islam (the Trust) for
the year ended 31 March 2024.
Responsibilities and basis of report
As th¢ charity tTUStees of the Trust you are responsible for the preparation of the accounts in accordanre with
the requirements of the Charities Act 2011 ('Ihe Act,).
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in
carrying oul my examination I have followed all applicable Directions given by the Charity Commission
under Section 145(5Kb) of the Act.
Independent examiner'$ statement
Since your charity's gri)ss income exceeded £250.000 your examiner must be a member of a listed Ixldy. I
can confirm ihat l am qualified to undertake th¢ examination because l am a member of the Institute of
Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirni that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the Trust a5 required by Section 130 of the Act. or
the accounts do not accord with those reLords' or
the accounts do not Comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and R¢p)rts) Regulations 2008 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.
I have no concerns and have come across no other mallers in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding ot. the accoiints to be
reached.
Anwer Patel BA (Hons) FCA BFP
Prestons & Jacksons Partnership LLP
364 - 368 Cranbrook Road
Ilford
Essex
IG2 6HY
Date: ........
?Trloi
02S
Page 9

MADRASSA TALIMUL ISLAM
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted Restricted
fund
fund
Notes
INCOME AND EIIIDOWMENTS FROM
Donations and legacies
242,986
2,3(10
245,286
218.620
Cbaritable activities
General
20,000
20,000
Investment income
105,006
105.006
105.279
TotAI
367,992
2JOO
370292
323.899
EXPEIYDITURE ON
Raising funds
14,936
14,936
6,770
Cbaritsble activhtleg
General
Al-Hasanaat Foundation
176,268
176268
2JOO
221,910
2aOO
Total
191,204
2Jl)O
193A04
228,680
NET INCOME
176,788
17fj788
95,219
RECONCILIATIOIY OF FUNDS
Total funds brought forward
2,438,249
2,438,249
2,343,030
TOTAL FUNDS CARRIED FORWARD
2,615,037
2,615,037
2.438,249
The notes fonn pari of these financial statements
Page 10

MADRASSA TALIMUL ISLAM
BALANCE SHFET
31 MARCH 2024
31.3.24
31.3.23
Notes
FIXED ASSETS
Tangible assets
1,961,716
1,979,732
CURRENT ASSETS
Debtors
Cash at bank and in hand
10
33J14
691,750
9,701
520,540
725,064
530,241
CREDITORS
Amounts falling due withln one ycar
(71.743)
(71,724)
ET CURRENT ASSETS
653a21
458,517
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,615,037
2,438,249
IYET ASSETS
2,615,037
2,438,249
FUNDS
Unrestricted funds
13
2,615,037
2,438,249
TOTAL FUNDS
2,615,037
2,438,249
The financial stale
ents were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by:
Truste¢
yLlS￿l Prkmod Umoc '
Trustee
.' rfi, Y.(&EoL.
The notes forni part of these financial statements
Page 11

MADRASSA TALIMUL ISLAM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
Basis of preparing the finaneial statements and assessment of going concern
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 R¢porting by Charities:
Ststem¢nt of Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard appllcable in the UK and Republic of Ireland (FRS 102}
(effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and th¢ Charities Act 2011. The financial %tatemenLs
have been prepared under lh¢ historical cost convention.
Going Concern
Net movement Tose in the year to £176.788 (2023: £95,219) ¢ompaTed to previous year. As a result.
the Board of Trustees are confident that they would be in operation for the next twelve months.
Therefore, the account has been prepared as a going con¢¢rn basis.
IneoDJe
All income is recognised in the Statement of Financial Activities once the charity has entitlement to
the funds, il is probable that the income will be received and the amount can be m¢asur¢d reliably.
Donations are recognised when thc charity reccives them.
Investment income is recognised on receivable basis.
Expendlture
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 b¢n¢fils will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
a¢counted for on an accruals basis and has b¢¢n ¢l&ssified under headings that aggregate all cost
related to the category. Where costs cannoi be directly attributed to particular headings they have
been allocated to activities on a basis con8istont with the use ofresources.
T8ngibl¢ fixed assets
Tangible fixed assets are stated at hlstorical cost less accumulated depreLiation and any accumulated
impairnient losses, Historical cost includes expenditure thal is directly attributable to bringing the
asset to the location and condition necessary for it to be capable of operating in the manner intended
by management.
Depreciation is charged so as lo allocate the cost of assets less their residual value over their
eStIn￿led useful lives, using either a straight line or reducing balance method, as indicated bclow.
Depreciation is provided on the following basis-
Freehold property
IO/o on cost
Fixtures and fittings - 25 /0 on cost
Th¢ assets, residual values, useful lives and depreciation methods are Teviewed, and adjusted
prospectively if appropriate, or if there is an indication of a significant change since the last reporting
date.
Page 12
continued...

MADRASSA TALIMUL ISLAM
NOTES TO THE FINANCIAL STATEMF.NTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES - Continued
Taxation
The charity is exempt from tax on its charitable activities.
Fuod accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of ihe
trustecs.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when spccified by ihe 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.
Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price.
unless the arrangcment constitutes a financing transaction, where the transaction is measured at the
present value of the future receipts discounted at a market rate of interest.such as8ets are subsequently
carried at less any impairment.
Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from
r¢lated parties, aTe initially recognised at Iransaction price, unless thc arrangemenl conslilules a
financing transaction, where the debt instrument is measured at th¢ present value of the future
payments discounted at a market rate of interest. Such instruments are subsequently carried at
amortised cost using the effective interest method. less any impairment.
Penslon costy and other post-retirement benefits
'rhe charity operates a defined contribution pension scheme. Contributions payable to the charity's
pension scheme are charged to the Statement of Financial Activities in the period io which they
relate.
Karzi hasne loan
Included in other creditors is £50,200 (2023: £50,200) Kar7£ Hasne Loan. These are interest free
loans fromthe community which are repaybal¢ upon demand.
Page 13
continued...

MADRASSA TALIMUL ISLAM
NOTES TO THE ￿NANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
DONATIONS AIYD LEGACIES
31.3.24
31.3.23
Donations
Gift aid
Fee Income
108,521
23,446
113,319
108,518
20,293
89,809
245,286
218,620
INVESTMENT INCOME
31.3.24
31.3.23
Rents receivable
105,006
105,279
INCOME FROM CHARITABLE ACTIVITIES
31.3.24
31.3.23
Activity
General
Grants
20,1)00
Grants received, included in the above. are as follows:
31.3.24
31.3.23
London Borough of Newham
20,000
TRUSTEES, REMUNERATION AND BENEFITS
There were no truslees, remuneration or other benefits for the year ended 31 March 2024 nor for the
year ended 31 March 2023.
Trustees, expenses
There were no trustees, expcnses paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Page 14
continued.-.

MADRASSA TALIMUL ISLAM
NOTES TO THE FINANCIAL STATEMEIYTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
STAFF COSTS
31.3.24
31.3.23
Wages and salaries
Other pension costs
88,947
219
88,626
168
89,166
88,794
The average monthly number of employees during th¢ year was as follows:
31.3.24
15
31.3.23
15
Charitable Activities
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL A￿1VITIEs 31.3.2023
Unresiricied Restricted
fund
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
218,620
218.620
Investm¢nl income
105,279
105,279
Total
323,899
323,899
EXPENDITURE OIY
Raising funds
6,770
6,770
Charitable activitl¢J
G¢neral
221,910
221,910
Tot41
228,680
228,680
NET INCOME
95.219
95.219
RECONCILIATION OF FUNDS
Total funds brought forward
2,343,030
2,343.030
TOTAL FUNDS CARRIED
FORWARD
2,438,249
2,438249
Page 15
ontinued...

MADIL4SSA TALIMUL ISLAM
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
KEY MANAGEMENT PERSONNEL
Key Management Personnel comprise of the Board of I"rustees.
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Freehold
property
Totsls
COST
At l April 2023 and 31 March 2024
2,200,888
104236
2J05,124
DEPRECIATION
At l April 2023
Charge for year
241a75
13,972
84,017
4,044
325,392
18,016
At 31 March 2024
255,347
88,061
343,408
NET BOOK VALUE
At 31 March 2024
1,945,541
16,17S
1,961,716
At 31 March 2023
1,959,513
20,219
1.979,732
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Other debtors
Rent receivable
Prepayments
23,446
5,750
4,118
5,750
3,951
33,314
9,701
Page 16
continued...

MADRASSA TALIMUL ISLAM
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
11. CREDrroRS: AMOUY4TS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Social se¢urity and other taxes
Other creditors
Karze-e-Hasana
Rent deposit
Pension
Accrued expenses
488
12,500
50,200
5,750
36
2,750
12,500
50200
43
3250
71,743
71,724
12. AIYALYSIS OF NET ASSETS BETWEEN FUNDS
31.3.24
Total
funds
31.3.23
Tolal
funds
Unrestricted Restricted
fund
fund
Fixed assets
Current assets
Current liabililies
1,961,716
725,064
{71,743)
1,961,716
725.064
(71,743)
1,979,732
530,241
(71,724)
2,615,037
2,615,037
2.438.249
13. MOVEMENT IN FUNDS
Net
movement
in funds
At
3113124
At 114123
Unrestricted funds
General fund
2,438,249
176,788
2,615,037
TOTAL FUNDS
2,438249
176,788
2,615,037
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources
expended
in funds
Unrestricted fuDds
General fund
367,992
(191204)
176,788
Restricted funds
Restricted
2JOO
(2,300)
TOTAL FUNDS
370,292
(193,504)
176,788
Page 17
ontinued...

MADRASSA TALIMUL ISLAM
NOTES TO THE FINANCIAL STATEMEIYTS - continued
OR THE YEAR ENDED 31 MARCH 2024
13. MOVEMKIYT ]IY FUNDb - Continued
Compar4tives for movement In funds
Net
movement
in funds
At
3113123
At 114122
Unrestricted fuDds
General fund
2,343,030
95.219
2.438,249
TOTAL FUNDS
2,343,030
95,219
2,438,249
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources
ex￿nded
in funds
Unrestrieted funds
General fund
323,899
(228,680)
95,219
TOTAL FUNDS
323,899
{228,680)
95,219
14. RELATED PARTY DISCLOSURES
The total donations made by the trustees during the year was £1 00 {2023: £100).
The charity employs two people who are related to the trustees as follows:
Name
Mr Zenulabedin Ali
Mrs Mubeena Bachcha
Relationship
Son
Daughter
Roles
prr Head teacher
PIT Girls Head teacher
AmouDt(£)
£7,428
£6,779
Page 18

MADRASSA TALIMUL ISLAM
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR EIYDED 31 MARCH 2024
31.3.24
31.3.23
INCOME AND ENDOWMEIYTS
Donations and legacies
Donations
Gift aid
Fee Incorne
108521
23,446
113019
108,518
20,293
89,809
24S286
218,620
Investment income
Rents receivable
105,006
105,279
Charitable activitie8
Grants
20,000
Total incoming resources
370,292
323,899
XPENDITURE
RaisiDg donations and legg¢Ses
Jalsa Costs
14,936
5,710
Other tradAog 4¢tfivltle8
Opening stock
1,060
Chgritsble activitfies
Wages
Rates and water
Insurance
Light and heat
Telephone
Postage and slationery
Subcriptions
Purchase receiver
Donations paid
88,947
15,814
4,984
19,585
833
88,626
342
6,121
20.912
200
1,245
1,587
3,000
1,424
2JOO
133,887
122,033
Support COSt$
Management
Pensions
Carried forward
219
219
168
168
This page does not form part of the statutory financial statements
Page 19

MADRASSA TALIMUL ISLAM
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
31.3.24
31.3.23
Management
Brought forward
Sundri¢s
Depn on Freehold Property
Depn on Fixtures and Fittings
219
1,489
13,972
4,044
168
1,253
13,972
5,055
19,724
20,448
Finance
Bank charges
401
346
Other
Repairs & renewals
18,907
76,483
Governance c(vJts
Professional Fecs
Independent Examiner's Fees
2,399
3,250
2,600
5,649
2,600
Total resources expended
193,504
228,680
Net income
176,788
95,219
This page does not forni part of the statutory financial ststements
Page 20