HIFZUL QURAN AND ISLAMIC EDUCATION CENTRE Charity Registration Number: 1017772 Company Registration Number . 02790595 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 REPORTING ACCOUNTANTS.. AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E14SA TEL." 020 7790 6111 Page 10112
HIFZUL QURAN AND ISLAMIC EDUCATION CENTRE FOR THE YEAR ENDED 31 OCTOBER 2025 CONTENTS Pages Information of financial Statements Report of thè Executive Committee Statement ol respon51bilits.es ol the Comtnitt8e'. Independent Ex8rninerfs Report Income and Expelldituie Accounts Statement of Assets and Liabilities 10 Notes lo the Accounts 11-12. Page 20112
HIFZUL QURAN AND ISLAMIC EDUCATION CENTRE FOR THE YEAR ENDED 31 OCTOBER 2025 MANAGEMENT COMMITTEE CHAIR PERSON Moharnmed Abdus Subhan GENERAL SECRETARY Or Mohatnrned Kashim Bin Subhan TREASURER Hafiz Oliur Rahman Choudhury ADDRESS 304 Burdetl RoaLI London E147DQ BANKER BARCLAYS BANK PLC INDEPENDENT EXAMINER AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAO LONDON E14SA TEL." 020 7790 6111 Chari 's Trustees: Moharnmed Abdus Subhan Fateha Subhan 8egum Momtaz Begurn Dr Mohammed Kashirn Bin Subhan Hafiz 015ur Rahman Choudhury Pa9e3of12
HIFZUL QURAN AND ISLAMIC EDUCATION CENTRE REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 OCTOBER 2025 The trustees present their report and financial slalemenls for the year ended 31 October 2025. Tlie Trustees liave adopted Ilie provisioiis of Ihe SiatemenE of Re¢oiiimended Practice {SORP) Accoiinting and Repollii)g by Charities issued in 2005 iii preparing tlie aniiual repori aiid tinaiicial statenients of Ilie Charity. Legal Status: Company.. Liniited by guai'antee, COTllpany number- 02790595 Charity.. Rcgistered with Ilie Cl]'[ty CoiTllnission, Charity Number- 1017772 Objects, Principal Aetii'ities and Organisation of the Charity The Charity is coltitUted as a coinpaiiy liiniled by &7iiaraiitee, and 15 therefore governed by a meiiiorandum aiid articles of'association. AND The Charity's objecis are for the beiiefit of the inhabitants of London Boroiigh of Tower Hamlets, aiid in particular Inembers of the Muslim Minority Eihiiic Commiiiiitie5 but excliisively who are in hardsliip by- To advaiice the Islamic faitli IDr ilie benefits of Il)e piiblic in Tower Flamlets in particular but not exclusively by the provision of a Mosque and Ediieation and Ediicatioii and CLIItLiral ceiitre HifzLIl QLiran ai?d Islamic Educaiion Cei)tre helps lainilÈes living iii Tower Hamlels. from a ¥vide tange of backgTounds, especially those on loiv iiicoine or faLing oiher forms of cultural or social dtsadvantage to become independent. and lo access SCTviees whicli can help tlieIll to develop skills, witli a great iiiiportaiice oli siipporting ihe needs of Bangladeshi faiiiilie5 and proinotiiig social cohesion within tlie wider commuiiity. 2= Advances the Islainic faith and advan¢e edu¢atioii of Ihe general PLiblic in London by; (i) Establisliiiig classes that support5 cliildreii to lielp iliemselves lo develop Lonfidence, and gain true un(Jerstanding ol the Quran and Sunnah and help them fulfil their roles as childien, as a rnetnber of the coininunily and Inost importanly as an iiidividual. Helps cliildren preserve both tlieir ieligious and cultural identity in order to become model cit17kns and to work in partnership with parents and the local autbority to sharè responsitxlilies in order to educate and tea¢li them cultural values alld maintaiii their identity. Page4of12
HIFZUL QURAN AND ISLAMIC EDUCATION CENTRE REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 OCTOBER 2025 4.. To learii and adopi good mai)ners to exc¢1 by pr¢veniing yoiing children fi'om neg£itive intliieii¢c and encourage them to locus on their education and making a ditterence in the communilylsociety. ).' ProvidinrF Ilie provision of plac¢s ol wor51iip' raisiiigJ awai'ness and understaiidiiig ofTeligioL15 beliefs and pra¢tiecs' ¢arryii)g out religioLlS devotioiial acts; carrying out missioiiary and OLltreach Kvork. Organi5ation: A Managemeni Committee, th& members of which are both directors and trustees manages the affairs ol the company and charity. The Management Committee manages the bu5ine5s of the cornpany and charity including the paying of all expenses. Directors and shareholding The diretytorb do not have any sliares iii the coinpany, Ihe eoinpany being liniited by giiaranlee. Tliei'e was a ¢haiig¢ iji the diiectofship of tl)e coinpaiiy during tlie year undcr coiisideralion Trustees: Trustees: wlio are all members of Ihe execuiive commiiiee, and who served dLiring the year are set out on page ). The trusiceg £ll'e ¢lected at the AnnLial Geiieral Meetin& for membership of thc Executive Coiiimillee and serve uniil rhe end of tlie next Aniiual General Meeting. wliere they Can stand for re- election as iiiembers of the new ExecutEYe Lommittec. Dircct(Jr5' 1 Trustees responsibilities in relation to the financial statements Tl)e directoi-s are ieqLIITed by coillpaiiy lai¥ to prepare financial stateme5115 toi- eacli lin¢inrial year which give a true and fair view of ilic finai)¢ial a¢tivilies of tlie charity and of its financial position al tlie eiid ol-that yeai.. In prepariiig those fiiiaiicial slatcmeiits tlie diiectors are required io.. The Trustees are spOnSible for preparing the Trustees Annual Report and the FinanrAal St8temenls in accordan with applicable law and regulations and United lQngdorn Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. The law applicable to charities in England and Wales requires the Trustees to prepare Financial Stalernent5 for each financial year which give a true and fair view ol the slate of affairs of the charity and of the incoffling resources and application of resources ol the charity foi that peiiod. In preparing these Financial Statements. the Trustees a required to". Select suitable accounting policies and then apply them consistently.. Obserrfe the methods and principles in Ihe Charibes SORP.. Make judgements and 8ccounling eslimales that are reasonable and prudenl.. Prepare the Finanpial St3lements on the going cornm basis unles5 11 is Inappropriate lo pSUme that the charity will corTrlinue in operation The Directors l Trustees are responsible for keeping proper accounting record5 that disclose wth reasonable accuracy at any time the financial position of the charity and enable them to ensure that the Financial Slaternents cornply with the Charities Act 2011. The Charity (Accounts and Reports) Regulations 2008 and the prov15ions of the trust deed. They are also responsible lor 5afeguaiding the assets of the charity and henTr lor taking reasonablè stèps for the pievention and detection of fraud and other iiiegularities Page 5 of 12
VOLUNTEERS.. The Tiuslees wish to re¢oid their appreciaiion on behalf of the Charity and ¢omfflunity for the volunteers who. aS5151 in the smooth running ol thE Chaiity and are critical in helpin9 to kesps the running costs down RISK REVIEW.. The Trustees have conducled their own review ol the major risks lo which the Charity is exposed and steps have been initiated lo minimise the identified risks. All functions ol the ChartY are subjected lo periodic rev18W resulling In a process of ongoing improvement. All staff and volunteers are trained and have all the required statutory and regulatory clearances required. SERIOUS INCIDENTS AND EXCEPTIONS.. The Trustees are pleased lo note. that ere were no incidents which gave rise lo the need lor the Trustees to lodge a Serious Incident Report with the Charity Commission. FurtherFnore. there were no Exceptions recoided and which gave Iise to Ihe need for the TIu5tee5 to record on the Chanty's Exceptions, Reglster. RELATED PARfY TRANSAcfioNS: During Ihe year Ihe Charity was under Ihe Gonlrol of Trusiee5 and hAanagemeTrl Comtnillee member5 as listed above. This report. which has been prepared In accordance wth the special provisions of Part 15 of the Companies Acl 2008 applicable to small companies. INDEPENDENT EXAMINER According to the provisions of thè chaiib.es A¢t 1993, Ihtr Comtnilleg has agr8ed that and audit is not required lor this financial year. However due to provisions tsl the same act an independent èxaminèr Is required and AM Accountancy Services appointed as external Accountant or Independent Examiner. Transaction and Financial Position The Statement of Financial Activities 5hciws net surplu5 for the year of £30.611 and our accurnulaled funds stand at £263.536 in total. AM Accountancy Servi$ carried out an independent exarnsnalion ol the accounts included in the reporL This report. which has been prepared in ace(>rdance with the Statement of Reeommended Practi ISORPI Accounting anL1 Reporting by Charities issued in 2005. Approved by the tsustees and signed on its behalf by This report was approved by the Executive Committee on and signed on their behalf. Ohamme Abdus Subhan . Chair personl Dale.. Dr Mohammed Kashirn Bin Subhan (General Secrelaryl Date.. Page60112
Accountants, Report To the Tru.stees of HIFZUL QURAN AND ISLAMIC EDUCATION CENTRE FOR THE YEAR ENDED 31 OCT08ER 2025 We report on the accounts for the year ended 31 October 2025 sel out on pages 8 10 12 which have been prepared under the historical cost convention and the accountino poliaes set out In note 1 to the financi815talemenls. Respective Rcsponsibilities of Trustces and Aeeountants As described on page 5 the trustees are respoi)sible for tlie preparntion of tlie financial staieineiits. aiid tliey coiisider tliat Ilie trust is exenipt from ali audit. li is our respoi)sibility to carry out procedures designed to enable us to report our opinion to you. Basi5 of Opinion We conducted our work in accordance with the Slatemenl ol Stafidaid5 for ReFQrting Accountants, and so our procedure5 consisted of cotnparing the accounts with the accounting records kept by the charity, and making such limited enquines of the trustees and officer5 as we considered necessary lor the purpose ol this ieport. These procedures provide only the assurance expiessed in our oplnion. Opinion In our opinion-. lal The accounts are in agreement with the accounting records kept by the charity under the iequirements of the Statement of Recommended Prach"ce- Aceounb"ng and Reporting by Charib'es.. Ibl Having regard only to, and on the basis of, the information Contained in those accounts. 111 The accounts have been drawn up in a manner consislenl with the accounting requirements specifièd the Slalement of Recommended Practice- Accounting and Reportsng by Chaiilies, and 121 The charity satisfied the conditions for the exemption from an audit of the accounts lor the year specified in the Charitie5 Act. 131 This unaudileo Account we have prepared in accordance with the figure, information and explanèh.on we have received from the management of the current comrnittee. AM Accountancy Services 43 Ben Jonson Road London El 45A Tel: 020 7790 6111 AM ACCOUNTANCY S 43 BEN JONSON ROAD LONDON E1 4SA RVICES Dale.. Page 7 of 12
HIFZUL QURAN AND ISLAMIC EDUCATION CENTRE Statement of Financial Activities Ilncome & Expense Statement) FOR THE YEAR ENDED 31 OCTOBER 2025 2025 Total 2024 Total Notes unrestrled Restricted Incoming Resources JRS Grant Memebership lees LBTH Grant Parents ContributiCTrn Imadrasal All Other General Donalions Donations Via Gift & Jusl Giving Rental Incotn8 2.9(J) 29,447 36,029 36,029 48,814 48.814 47,674 Total Incomln Resources 84,843 84,843 80,021 Resources Expended Dlrect Charltable ExpendltLtre Printing, postage. stats'onery & Adverknsement Telephone. fax and photocopies Rates and Water Light, Heat and Vvater Other Finance Charges Mortgage Interest Fuel Cleaning Office Admin Wages and Volunteer expenses Events and activities (Project Costs) 230 1,058 660 230 1,058 660 588 390 20,558 118 4.586 2.080 21,483 825 20.556 118 4.586 2.080 21.483 825 17,836 4,669 21,027 4.486 Direct chariiable ex endilure 51.595 51.595 48,996 Management & Administration Expenseg.. Accountancy Legal and Professional Staff Training Insurance Equipment hire Travel Expense Depiecialion Bank Charges Re etnenl & Adtnin15tralion Ex 1.300 81 1,300 81 1,300 528 85 243 180 747 2.636 85 243 180 747 2,636 200 270 195 2,923 5.417 Mana enses". Total Resources Ex nded 54,232 54.232 54,412 Net Incoming Resources I Iresources expended) 30,611 30,611 25.609 Net Movement funds for the period.. 30,611 30.611 25.609 Totsl Funds Brought forward 232.925 232.925 207.316 Balance at 31 October 202$ 263,536 263,538 232,92S Page 8of 12
HIFZUL QURAN AND ISLAMIC EDUCATION CENTRE Summary Income and Expenditure Account FOR THE YEAR ENDED 31 OCTOBER 2025 202$ Note5 Income Total 8xpendilure Net Surplus (Deficit) lor the financial year 84.843 54.232 30,611 There were no recognised gains other than those Included in the IncortFe and Expenditure Account for rrent ye8r Page9of 12
HIFZUL QURAN AND ISLAMIC EDUCATION CENTRE Statement of Assets & Liabilities l Balance Sheet) As at 31 October 2025 2025 2024 NOTE Fixed Assets Fixture, Fitting5 and Equipments FehOld Property 469.799 537.471 470.042 537.471 7,007.270 1,(X)7.513 Cu¥rent Assets Cash at Bank & in Hand 61.551 29,197 29.197 61.551 Current Llabilitles Amount la11ing due lo one year Accruals Quize Hasana I Interest Free Loanl 2.6(K) 178.816 181.416 2100 177,816 179,916 NET CURRENT ASSETS I ILIABILITIESI 119,865 -150,719 Amount falling due more than one year Mortgage 623.869 -623,869 TOTAL ASSETS LESS CURRENT LIABILITIES 263.536 232.925 FUNDS.. Brought Forward 232,925 207.316 ExcessllDeficill ol inc<)me over expenditure 30,611 25,609 Total Funds 263.536 232.925 The financial slaiemenls were appitsved by th* ExeGubve Committee and signed on their behalf". amrriehAbdus Subhan (Chair person) Dr Mohammed Kashim Bin Subhan (General Secretary) Hafiz Oliur Rahrnan Choudhury (Treasurerl Date". Dale.. Dale.. The Notes on pages 10 to 12 form part of the finanoal slaiements. Page 100112
HIFZUL QURAN AND ISLAMIC EDUCATION CENTRE FOR THE YEAR ENDED 31 OCTOBER 2025 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES B8515 of Accounting Basis of accounting The Finènoial Slaternents have been prepared under the historical cost convention, as modified by Ihe revaluation of tertain fixed assets and investments measured al maiket value The Financial Statement5 have been prepared in accord2nce with the Financial Reporting Standard lor Smallei Entibes lelfective January 20151, and the requirements of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charilies preparing their accounts in accoidance with the Financial Reporting Stan(5ard lor Smaller Enb"ties leffeclive January 20151 ISORP 20151. b. Grants Revenue 9rants are creditéd to thè Incotne and Expenditure acctsunt on a te1Vable basis. c. Donations Donation are recorded on a receipt basis. d. Incoming Resources Voluntary in¢ome and donations are included in incoming resources when they are receivable. except when the donors specify that they rnusl be used in future accounting peiiods or donors, conditions have not been fulfilled, then the income is deferred The income from fundra15ing ventkjres 15 shown grclss, with the associated costs included In fundraising costs. e. Resources Expended Resour$ expended are Included In the Staternent of Financial Activities on acciuals basi5. inclusive ol any VAT that cannot be recovered Expenditure that is directly ztlribuiable lo specific activities has been included in these cosl categories. Where cos:% are attributable to Thore than one activity, they have been apportioned acr05S the cost Galegories on a basis consistent with the use of those Tesources. f. Going Concern 8as4S The financial statefflents have been prepared on the going concern basis. as in the opinion of the tfuslees, there are no issues arising which would suggest any other basis as being more appropriate g. Admlnistratlon Costg Administr8tion ¢Kpenditure includes all expenditure not direclly rèlated to the charitaNe activity. h. Depreclatlot).. Depreciation is calculated so as to te off the cosl of an asset, less ils esbmaled residual value, over the useful efjonornic life of that asset as follows.. Fixluie, Fitb"ng and Equipment 10°k on Reduang Balance method Page11 of12
HIFZUL QURAN AND ISLAMIC EDUCATION CENTRE FOR THE YEAR ENDED 31 OCTOBER 2025 NOTES TO THE ACCOUNTS 2 FIXED ASSETS FiAiulè$, fithngs & Improvemen15 Building and Fteehold ConsfyycJTh Properly COST Total Al 01 Novembei 2024 Balante Brought Foward Additions Al 31 Oclobpr 2025 2,430 467,612 537,471 1.007.513 2,430 467.612 537,471 1.007.513 DEPRECIATION Al 01 November 2024 Chatge for thÈ year Al 31 October 2025 243 243 243 243 NET BOOK VALUE Al 01 November 2024 Al 31 Oclober 2025 2,430 2,187 467,612 467,612 537,471 537,471 1,007.513 1.007,270 Net Surplus of the Financial Year The excess ol expenditure over Income is stated after charging.. 202$ Accountants, iérnunerdlic Depreciation 1.300 243 Credltors and A¢*al5 Accountancy 2,600 2.600 S QLle Hasana I Interest Free Loan) Balance BIF Paid dunng the year New amoLJnt taken 8alance CIF 177,816 1.000 178,816 Balance at 31 October 2024 232,925 Balance al 1 November 2024 232,925 Excessl (Deficbtl ol lfjcorne over Expenditure 30.611 Balance at 31 October 2025 263,536 Page 120112