REGISTERED CHARrrY NUAIBER: 1041254 TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025 FOR DARUL ULOOM LEICESTER Watergatos Ltd 109 Coleman Road Leitester LE5 4LE DARUL ULOOM LEICESTER COMTEIITS OF THE FIPIAMCIAL STATEIIEirrs FOR THE YEAR ENDEO 31ST A￿UST 2025 Page Trustees. Report 1 10 7 Independent Examlnerfs Report ststeThnt of Financial Position 10 Statement of Cash Flows 11 Notes to the Statement of Cash Flows 12 Notes to the Flnanclal Statements 13 to 19 DARUL ULOOM LEICESTER FOR THEYEAR ENDED 31ST AUGUST 2025 The trustees present their rewjrt ￿ryth the financial ststements of the charrty for lh8 spar ended 31st August 2025. The I￿￿tee5 have adw the provisions of A(￿untIng and Re￿rting by Charities: Staternent of Recommended Practice apF4icable to charities preparing their a(rounts in accordance with the Fina￿187 Rewrting Standard a￿1￿LIe in th& UK aTrJ Republk of Irela￿1 {FRS 102) leffec*ve 1 January 2019). OBJECTIVES AND ACTMTIES Obiectlves and aims The Charity provides ￿uCatiOn ￿ chikjren from the age of 11 Fars and over in ￿ordanCe the National Curriculum. It also provides furtt)er Islamic wjucation, the Hifz course (Memorisation of the Noble Qurfan) and Ilmiyrdh ￿UrSe (six-year intensive Islamic course covering a ￿Je spectwum of topics). The schoL*s ViS￿n to nurture self-reSr￿￿ and ralse the self-esteem (rf its students, enailing them to Inlegr8te successfully in ￿Jr multicultsjrdl sooety. ￿¢YJt CoMpr￿lS1ng Iher Islam￿ belEfs and walues. The Charity provid8s educatlonal advanc8ment. indudirKJ the provishjn of Lx)ar¢Allg andlor day schcding for children. It is our p￿IcY to attain the hbjhest academic leveL8 as wetl as prtividing an eXtr&CUrr￿l8r pr(NJramme vthich aims to deveknp life-long leisure interests and help bjild self-C(rfKlence and a desire to ntribute to the ￿mMunIty. The schcNJl prnryde educatK)n of high starNJard and nurture students wh) are resprmsijle I￿liVidualS titizens. The tharivs activities are dedicated to students. academic, spiritual. mor81, s(Kial. a￿1 cultwal developmont. and the chanty ¢(￿s*JerS the delivery and success of these adivities to LE the Wb1￿ benefiL The SCI￿1 is cornmitted to safeguarding and promoting the Voelfare of our pupils and expects all slaff arml vdunteers to share this ￿M1tmerrt. Parents are given regular inf￿MatiOn aiM)ul Iheir children's sLKial and academ￿ progress Ihrough parent evenings in addition tr) Ihe end of term and eThJ of year reports. DARUL ULOOM LEICESTER TRUSTEES REPORT FOR THE YEAR ENDED 31ST AUGUST 2025 HIEVEMENTS AND PERFORMPJICE Ed￿al￿)nal Perf(YmarTh: The Trustees are pleased to re￿￿ that the sch¢X)l achieved strwg a(3(kniic outcomes duriThJ the ypar. GCSE resuNs rem￿ned o)nsistently h¥Jh acFOSS the curri￿j1Urn. reflectiThJ the dedKatron of staff and the mmilrnent of studwts. In Er¥Jli5h Language, all pupils achieved grades and ￿. d￿￿nsiratiThJ excepti¢￿1 perfomiance. English Literatsjre aso slK)wed strong resums. *ith 85% ach￿vi￿j grades ￿ and ai pupils achEving grades ￿. Malhematics (Mjtcomes were posilive. wilh 70% athievirwJ grades ￿ a￿1 92% achieving grades ￿4. Com￿ned Science results were Simi￿rtY strong. with 77% achieving grades aNI all pupils &hieving grades ￿. Computer ScMce and History both dem¢j￿tr￿ high levels of attainment, while Religio￿* Sbjdies Ar￿le aCh￿￿j a 1(K)% Suc￿$ rate at both grthje thres￿IdS. 08rul Ulwm athiev&J the folkywwu results in its GCSES. sUbj￿t English Languag8 English Liieralure MatlErnati Combined % Grade9 to 5 % Grade9 to 4 Subje Computer % Grade9 to 5 % Grada9 10 4 1(M)% 85Yo 85% History ReligMx￿ Stuthi 11NJ% 92.% Arabic 1(Kl% These resulls reflect the Sc￿1 s (J)mmitment to high-qualty teaGhiry. effe¢lT¥e ¢urriGulum pL8nnlng. ro￿￿￿ assessment Systems. Staff continue to refine tiEir prac11￿ thrrxNJh oThJ)ing profe&8lonal tsvelopment, arKI targeted intervention5 are provided to suppNt students VA￿ require *Jdibonal assistance. The Sch￿ has strertyiened its assessment tr￿*ing S￿S, erthancwl SEND prOvisK￿. and iMpl&n￿ted petsonaliwj leaming strategi8S to ensLTr that 811 sludents are ab￿ to make strcry progress. Islamic st￿leS.. Tho Islamic S￿dIes department o)ntinues to be a comeTrtorE of the sctrwfs Kjentity and missK￿. Sev￿al SI￿ts successfully comFAgtwJ ￿1r Hifz during the yaar. demonstrdting disL¥plin. d8dicatKm. and sp￿tUal commitrnenL The Ajimsyyah programme also celetffated signfficant achieV￿ents. seven St￿1￿n￿ graduating and prc¥Jressing into n)les thai serve the *tyJer community. Many grajuales have taken up pasitirms ￿ tgachiro, Imamat, vth, arKI further Islamic ￿dieS. refi8cling the lo1￿le￿i irnpact of the d￿11￿$ ed￿l￿)nal wovishjn. The toarding ￿￿ty continues to tKoMde a safe. slnjctured. arml nurturing envlronment for students. P4)arding slaff work dosejy with the pastoral team to ensure Ihat shKlents recwe approwiate emotional. academic. and spiriiual support. The Ixiarding wo3ramme includes surHvised St￿ sessIc￿$, enrichment athihes, and ￿k￿ltieS for ￿&1 devdopmenl. Slaff r￿e1ve reguFar training ￿ safeguarding, behaviour management. aThl mwtsl Iwlth avrdreness lo ensure that the highest standards cl care are mantained. SafeguardiThJ: Safeguarding remains a central for the charity. The schcol maintains a o)mprehensive safeguarding Kdicy Ihat is reviaK4*d regulaty and in line with slatLrtory guIdar￿. All staff teceNe regular safeguarding trainirKJ. and safer recruitment pr&liees are Tigorousty appl￿. The school hw)rks closely *ith kral safeguarding partsHs ￿ provides early Int￿thn a￿1 p&%toral supp(yi to st￿lents who m8y be nerable. Trustees ￿e1ve termty safe9uarding roports and CA)nduct annual safeguarding audiis lo ensure (￿MplIan￿ arKI (thlnucxts improvement. Community cohe5K￿ arml Outreath: DARUL ULOOM LEICESTER TrUSTEES' REPORT FOR THE YEAR ENDED 318T AUGUST 2025 The sch(￿1 contnues to promote respec* kn all faiths and rjjltures aThJ actively engy Y4ith the local (x)mmunty. Students and staff participated in a range of c*aritable activities, induding voluntewing wilh lo(%1 organisations and supporting fLKKI bank iniliatives. A community fvndraising evenL organised by the SGhwl cou￿￿1, rdised funds for the sCh>￿'S rerK)vation project and other charitable (xuses. Th&8e acknvilies help to strengthen [￿mMunity rdaliorthips and foster a sense of social resr*)nsibility a￿￿)ng stud￿ts. FINANCIAL REVIEW Financlal posltion and Context The chaiivs principal s￿rCe of Inrx)me continues to be parenlal CO￿trillJt￿S. SWF4emen￿l by donath)ns. fvndraising acknvibes. and cccasvjnal grants. Scholarships are pyovided to families ￿ are unablg to meet full fee obligations. ensuring that financial hwdship does not prevent Str￿ents from aG￿l￿ the schcol's edurational provision. The (*arity o)nclud8d the finanrial uThler shJiMficant finarwial pressure. Statutory increases to the National m￿lmum Wage resulted in hIg￿r staffing costs. and infiationary rises in utilrlie5, essential ￿(￿jS, contracted Servi￿ further C￿tsIbUted to bghtenirKJ vh)rking capital an inL¥eased reliance on repayable knans. The Trustees were unable lo increase fe8S to offset these risw)g costs due to the additKxd finandal burden families will face T•then VAT on sc*Kd fees is introduced from January 2025. This constraint lim5ted the charitys ability to respmd to infiationary pressures. In response, Ihe sdKx)I Imp￿Mented a range of st-savirKJ measures. adopted a more Ilexible approach to fee ts)Ilection. and Continu￿ to pursue grnnts, dl)￿110ns, aTrJ hJThYraising OPFrf)rtunities. Staffing stnjctures ￿ere rewewed to er￿Ure efltclency. and finarLaal monitoring processes were strewned to impr￿￿ oversight and C£￿trol. The Trnstees have reviewed cash Ilow fore(xsts. enrdment projecti(ms. and budget plans for ￿ next 12 months. They recognise that wst-of4Mng pressures and the fort￿oMing VAT SCI￿1 fees may affect families. abilty to meet fee obligati(ms. Daspite Ihese challeng8s. Ihe Trustees remain confident that the tharity is a Lv)ing concern and are prepared to undertake additiorbgl fundrai5ir¥J iniliatives stsyjld future cash.llow pressures arise. Prfnclpol fundlng sources The princlpal source of fvnding remakts parentsl c£Jntributions, fg9s. follcAved by donations arbj income from Indivwjuals arKI organisaknn5. Thls income has enabled the charity to ¢ontinue ddivering high-quarty education. Financial assistatwE is offered through scholarships to S￿dents frcAn families wts) wo￿1 otherwise be unable to meet fee obligations. Capital Projects and Fundraising The Trust t(￿tinUeS to Trise for the se(x)nd and third phases of the schcM)fs renovation prolect. Funding is ￿1r￿j s0￿m through donati￿. as thEII as lon*term and shjrt-tenn knrroNving. These developments are part of a stratsgc pkn to improve f￿111￿eS s￿vre the lortrtemi viabilty of the schcd. Resarves pollcy The chaiity aims to maintsin ￿￿￿￿ent unrestricted reserves io sUp￿￿t ong(yng Ope￿tiOnS. wovide a sma surFdus. a￿1 enable the organisation to respond to unexpected (x)sts or (yportunities. Restricted reserves are held for the refurtmshment and m¢)Jemisation of the school's premises, in aC￿danCe with donor intenlKmS. The Trustees regularty review the reserves positi￿ to ensure that Tt remains apwoprlate and sustsinable. Restithd funds relats to zakat donations received ￿thIch are used for eligble students as srK>n as w)ssit and not intended to any surF4uses for kxYJer th￿ needed. DARUL ULOOM LEICESTER FOR THE YEAR ENDED 31ST AUGUST 2025 FINANCIAL REVIEW Going concom The Trustees ha￿ reviewed forecasts of cash ffows and sbxlent enrolment figures, arnl have o)rtsldered et Fwcttorts for at least Ihe 12vmrth period fdlowing the approval of these financial statements. As part of this reNiew. Ihe Trustees. in COIL*￿1￿ wilh the ￿lor Leade￿hip T￿. have taken krto a(￿￿nt the orgoirvJ impact of the cost-of4iviiYJ crists. PartI￿lar consideratv)n has been given io the fact that the sth(JJfs financial suslainability is relHnt on the tffndy payment of fees by families vhKJ may be expeiiencing ir￿easIng fir0￿la1 pressure5. LLKJkiw ahead to the nthv finan(aal par. the antiCiP8t8d Im￿mental*Jn of VAT ￿ 5th￿1 fees is expected trj place an additic￿81 burden on parents. making it more IthffiLwIt many to meet tsr f88 obligatiK)s. This also tffesents s¥Jnnlcant limitalions for Ihg s(*v)ol in temis.of i￿easIng fees to meet rising operational costs. In res[￿￿Se to these d￿l18ng6s. Ihe sdKK)I has twn imFAementiro cost-saving m&*ures and has adopted a more Ilexible aFrf)￿h to fee collectKm in or￿r to suppr*t families during this peinj. Shwld future cash fknv projections indicats potenlial Sh(￿￿811S, the charlty Is prepared to undertake additional fiJndraisirwJ efftjrts. irvJ aknuslde Its Tnjstees and olher key supporters to secure the rEcessaryfundiNJ. DARUL ULOOM LEICESTER TRUSTEES. REPORT FOR THE YEAR ENDED 31ST AUGIIST 2025 FLryURE PLANS The Tnjstees remain Cfnmitted to the 1cry.term development. sustsinability. arKI stratwJic growlh of the schcd. Over the past decade. Darul Ukx)m Le1¢￿ter has consistenlly 0￿rat￿j at or near fvll capauty. a testament to the. strong demand tor its unlque blend of acadBmiG excellenc£ and Isthi￿ sdM)larship- Hovlever. this s￿trIned demand has also highlighted the limitations of the existiThJ estat8. partiwlarly In rdaiKin to dassroom spa¢%. speualist fa(iltlies. and tM)arding capacty. These constraints have. at times. restricted the schoc4's 8bifity to &Jmil adthtIC￿al students. broaden its uJrri(xJlurn. and enhance thg overall educational eX￿rIenCe. R￿ognIsing these challenges, the Twstees have purswj a Iwtenn estates strategy desKJned to expand capacity, mc¥Jemise facilibes. and seujre the school's fvture for generations to A major Mllest0￿ in this strategy has been the acquisibon of 115 LtyJghtK)rough Road the renovati(￿ of the former RAFA buikjing at 117.5 LowJhb0r￿gh Road. The (￿mpletIon of the RAFA building rerrf)Vat￿n repres￿ a trdnsfomative step foTwJrd for the Sch￿1. The n￿Y refurbished facility hlM￿ modern dassrooms. eath designed to meet ￿￿teM￿rary educalK￿81 standards and equipFed to SUPFN)rt a range of te￿hIng and leaming aGbvilies. The inclusion of UFMJraJed saence and IT spaces has signffi(xnUy strengthened the sth¢y)I's ability to deliver hIgh￿u81ty STEM education, enabliro St￿nts lo benefit from pracaical. hands-on leaming experiences that were weVKx￿ limlled by space and resour￿ constraints. These improvements have already begun to enhance the qualty of teathirrfJ. bro￿en the curtic#Jlum, and eate a more stimulating aThJ eThJaging leaming environment ￿ sludents. the FiAFA buldiry. the Trustees ¢onlnue to wN)ritise imlrnments to the wder SCI￿1 estate. A (x)mprehensive landscaping pr05r￿me is ujrrently in develowenL alm￿1 at enhanciThJ the safety, a(Thssibilty. and usability of cyjtdwr areas. Tr Tnjsiees recoJnise that th*ll designed extwnal spaces pky an impjrtant role in supwrting students. Ftyical wellbeing, prcvnoiing FM)sitive s￿181 interac1]￿, and (x)ntrItr￿rting to a calm. orderfy, aThJ welixjtning school enwrotNnenL Planned imwovements indude the creation of safer Yalkways. enha￿1 cirryjlation roLrtes. and de5wJnated r￿a￿"Jma)( a deed oftntst a￿1 constituies an UnIn￿rpr￿aIed thwity. Th￿ is an uninc(XFWdted Ch8rity, ￿￿tittrted by Trust Deed and ￿l$ler￿￿ wlth the Charity Ccwnmi5Si under charity number 1041254. Thi8 is ￿ur￿l by Ihe De&J of Dedarat¢on of Twst of DanA UkxKn Le1(￿ter. The Injstees are respcmsbl8 for ￿ general cAxthl and management of the charity. The Cha￿ trustees are resrx)rLsible for all decÉsion taken in relat￿n to the overall contrcd and management of the charity. The 0￿rational management of the chaiity is delegated to the senior leade￿IP team. are ans*pr* to the Board of Trustees. Trustees have tr￿j sight and also ha￿ due ￿Jard ¢0 the guidarTh issued by the Chwity c￿nmiss￿ on publ￿ BenefiL Recn411mgnt and appoinknent of new tntstees Al trustees are involved in any selection process that t*s F*e aThJ a vote amongst the trusl88S IS ¥luGbJ to akyoint any posItM￿ wittmn Ihe organisabon. Organi&*ional structure The board of trustees of the charity are resF(￿ib1e fcy the d￿VIL51S strategic direction. The LK*rd of trustees meet on a termly basis to discuss the activitses of th8 charity. The tthrd d trustees are supported thrwJh the aid of volunteers who manage th8 daity runni￿ of the Rlsk management The Trustees have urrflertaken a comwehensive revM¥ ofthe Mai(￿ ri8ks f8cirvJ the charity. OFwational iisks indude flUCti￿1￿ in student intske. ¢thallenges in slaff recruitrment. and safeguardng CA)ncems. Financial risks relate to fee arrears. rising operational costs, and k)an repayment obligati'orts. Premises reiat8d iisks Indude the [Kwi￿lty of buihjings becom¥￿ urinhalxlable due to fire. fbod. Ix structural darn￿. To mit* 1trwe risks. the clwrity has impknient￿l a range of measures. med￿ advertising and efforts are used to maintain stud￿￿ numbers. Regular independent fire and risk assessments are cx)nducted. arKI a disaster recovery plan is in pla￿ to ensure continuty of edwation in the event of a major In￿dent Str(Mw finarKial C￿trOlS. regular monit(King, and trdnsparent r8poriirMJ systems hdp to safeguard the chws assels and ensure restMYtsitAe f#*ncial man¥Jement. REFERENCE AND ADMINISTRATIVE D￿AlLs Registered Charity numb 1041254 PrlnGryJal address 119 Lwghtrmugh Road Le￿Ster LE4 5LR DARUL ULOOM LEICESTER FOR THE YEAR ENDED 31ST AUGUST 2025 Mr l A Patel Mr A Patd Mr A M Gheewala Dr M A Mak&Jam Mr l O Sheikh Mr M A Hansrot MrHYMus2 Independent Examiner Watergates Ltd 109 Cdeman Road Leicester LE5 4LE Apwoved by order of the tK*rd of trustees rm 18th June 2026 and signed its tehalf ty. Mr l A Patel- Trustee INDEPENDEKf EXAMINERE REPORT TO THE TRUSTEES OF DARUL ULOOM LEICESTER Independ¢nt examinees report to the trustO95 of Darnl Ulo(¥n Leirnstsr I repxt to the rtharity trustees on my examirHINJn of the act￿nts of Darul Leicester (the TnJ5t) for the sEar ermled 31stAugust 2025. Responslbllltles and basls of report As the charity trustees of the Trust are resp(Thible kn the weparation ofthe aC(￿rts in wlth the requirEments of th8 CharTties Ad 2011 Art). I wepcwt in respgGt of my examination of the Trusvs a¢L￿ntS carried out urK*r Secllon 145 of the Ad WKI ' J lxrt my examination I have folkyth*d all applKable DiredI￿S gtven by Ihe Charity Commiwin wKler Se(Aion 14q5)(b) of the ACL w)ur chaiitys gross income exceeded wur exarnirw mt6t b& a memb8r of a Isted Lh)dy. I (2n ￿nfi￿ that l am qualified to undertake the examinalion because l am a memt*r of ts ASS￿l￿n of Chartered Certified Aixxjuntants, vthich is Or￿ of the list￿1 txxlies. I have coM￿810d my examination. I confimi that no material matter5 have to my attentTh in ccm￿CtK ith the examinalion £I￿ng me cause to bdieve that in any material res￿.. armtnting recAxds vme not kept in respect of the Trust as wuired by SectM 1&) ofthe Ac¢ or th& *¥J)unts th) not accord wilh those rwds". or the accwnts Ik) not (x*nply with the applKable requirements ¢onceming the fonn and C{￿tent of acc￿jnts set (Mjt in the Chariti8s (A(xounts and ReFths) RegulatK*LS 2(KJ8 other than any requirement that the accounts give a true arKI fair view wFMch is Th)t a matter considered as part of an irK*pendent I have no and have across r￿1 olher fflatte￿ in (xMnecli(m vAth the examinaknn to which attention should t* drawn in this report in *Nder to enable a prw understanding of Ihe accounts to be Nazir Malida FCCA 109 colem￿ R(xl Leirxster LE5 4LE 1&h June 2026 DARUL ULOOM LEICESTER STATEMEKf OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31ST AUGUST 2025 3118r25 Total 3118r24 Unrestrlcted funds INCOME AND END0WMEI￿s FROM DonatThs and l¥J& 281,720 74,880 356.600 225,847 Charhable actlvllies Education 637.552 837.552 533.375 Total 9192n 74,880 994,152 759,222 EXPENDITURE ON Charttable activities Education 79260 874782 836.254 Otmer 631 631 Total 795,153 79,260 874413 836,254 NCOMEllEXPENDrruRE) 124119 14380) 119.739 ITT.032) RECONCILIATION OF FUNDS Total funds brcwght forvrard 1,509,366 1,51&746 1,5￿.778 TOTAL FUNDS CARRIED FORW 1.633,485 1.633A85 1.513,746 Trjtes on p898 O form part ofth858 finarKial 5taterr DARUL ULOLXI LEICESTER STATEMENT OF FIMMICIAL POStrioN 31ST AUGusf 2025 3118r25 3118124 Total nd¥s Total lunds funds Notes FIXED ASSETS TanglAe assets 10 1078.552 2.078.552 1.989.633 CURREKf ASSETS 11 107.985 120.533 107.985 120,533 47,572 185.506 Cash * bar* and ￿ haThJ 228,518 228,518 233,078 CREDrroRS Amounts fami￿ vrilhin one ypar 12 (674585) 1673W5) <708.￿} NEf CURRENT A8SErs (445.067) (445.(W) (475,88n TOTAL ASs￿s LESS CURRENT LIABIL￿lEs 1.633N85 1.633A85 1.513.746 ASSErs 1.633,485 1.633.485 1.513,746 FUNDS unreStr￿d fuThts 14 1.633.485 1,￿)9.366 TOTAL FUNDS 1.633.485 1,513.746 The fin￿c4a1 statements V•Bre approved by the Board of Trustees and ￿tIK￿tsed for issue on 18th June 2￿26 ar¥J *Ere signed on lis b8h31f by. Mr l A Patel- Tntstee The wje O form part of Stst￿rrts -1( DARUL ULOCXA LEICESTER STATEIAENT OF CASH FLOWS FOR THE YEAR ENDED 31ST AUGUST 2025 3118r25 3118124 Cash flows from operatlng aclivth5 Cash generated fr(m werations Interest paid 90.141 {631} 35,629 Net ￿5h providwj by operating adivibes 89.510 Cash flows from invostlThJ acliviligs 1142.483) {274.013) Net eash used in InveS￿ng acbvilies 1142.483) (274.013) Cash flows from financlng activities New loan5 in year Loan repayments in the year LcAn convert￿1 to donat￿8 62,000 (74.000) 158,lJX) (91,(KK)) (1.(W) Net essh (US￿ inypromded by finaKing xtivities (11000) 66,0 Change in wh and cash oqufvalgnts in the reporting period Cash and cash equlvalents at the bgglnning of the reporting perlod (64,973 <172,384) 185,506 357.890 Cash and equivalents at the end of the reporting perlod 120,533 185.51 rKJtes page O fomi part of tlwe finarKi81 statemerrts DARUL ULOOM LBCESTER NOTES TO THE STATEMENT OF CASH FLIAVS FOR THE YEAR ENDED 31ST AUGUST 2025 RECONCIUATION OF INCOMEIIEXPENDrruRE) TO NEf CPSH FLOW FROM OPERATING ACTlVtfiES 3118r25 3118r24 Net incomel(expendllure) for the reptyllng period per the ststemenl of Flnan¢ial Pthllles) Adjustments for: Depreclatr)n charges Loss on disposal of r￿ed assets Interest pabj {Increwydecrease In debtors {DecTr8seYincrea8e in credltovs 119.739 (77.032) 53N51 48.529 631 (60.413) (23.380) 50.759 13.373 Net cash provided by operations 90.141 &5.629 ANALYSIS OF CHANGES IN NEf DEBT At 1.924 •sh Il¢)w At 31.825 Net cash C&8h at bank and in hand 185.506 (64973 120.533 185.506 (64.973) 120,533 Debt Debts falling due wlttkn 15 {465,000) 12.1MXI {44WO) {4￿000) 11000 14XOOO Total (279,494) 151973) (3446n )tes ￿ pwe O form part(rfthese f￿a￿la1 stAtsments -12- DARUL ULOOM LEICESTER NOTES TOTHE FINPJ4CIAL STATEMElItS FOR THE YEAR ENDED 31ST AUGUST 2025 AccoupinNG POUCES BASIS OF PREPARING THE FINANCIAL STATEMENTS The financ4al statements of the charity, which is a public benefft entity under FRS 102. have be8n prepared in ￿*dance Vlith the Charities SORP (FRS 102) 'A[x￿unting and Repx)rtJ'ng by Chariti85: statement of Re(X)MMe￿Ie￿ Practice applicable to char5ties prepariThJ their ￿c(MIntS with the Fnancial ReportiNJ Standard appl￿ble in the UK and Rapublic of Ireland (FRS 102) (effeclNe 1 January 20191.. Fina￿la1 RetKJrting Slandard 102 The Finanoal Rewrting Stsndard appI￿able in the UK and Republ￿ of Ireland. the Charities 2011. The financh21 ststements have been prepared under the hi8torThl o)st ca)nVent￿. INCOME Ail illl￿8 is re0)JnI￿ in the Statement of Financkql A£tivilies on(£ the charity has entiknent to the funds, it is prrA)able Ihat the inc¢yne will be received and the amount can be measured reliably. EXPENDITURE Liabilities a￿ recognised as expe￿IllUre as soon as there is a lega ￿ c#)nstrudive obfuation Commtlti￿ the charity to that exwditure, it probable that a transfar of econom￿ b8nefsls will b8 required wi setuement and the amount of the obligation can be measured reliabty. Expendtlure is ac￿nted for on an a￿ual$ basi5 and has been daSsifi￿ under headings that aoJregate all cost related to Ihe ¢ategory. Where (xjsls cannot be directy attributed io wlicular headings have been alkxated to acbvilies on a basis ￿nSIstentvIith the use of resource& Grdnts offered Subj￿ to Imlitions whith have not been met at the end date are noted a5 commitinent but not 8￿rUed as exsmditure. TANGIBLE FIXED ASSETS Depre(a8tion ts provthl at th8 fdlowing annual rat￿ in order to vffite off each asset over its eslimated eful lrfe. Freehold property Equi￿ent. F￿1r88 & fittings otor veh at varyng r*s on ￿¥51 15% on cost 15% on cost TAXATION The tharity is exernpt fr(xn tsx on charttable activities FUND AccouKnNG Unrestricted can b8 used in &x4)rdance V*ith the tharitabl8 oilectives at the discretkn of the Restrthd fvnds can only t* used for Part￿ular restricted purpose5 Within the objects of the charty. Reslricbons arise when SFwifEd by the donor or vthen funts are rais&d for parti￿18[ restficted purFKJses. Further explanation of the nature arKI purFrt)se of each fvnd is inc*Jded in Ihp notes to the fmancial HIRE PURCHASE AND LEASING Comm￿ME￿rS Rentals paid under 0￿rating leases are charg&J to the stat￿nent of Financial ￿liVi11e8 on a Stra￿h1 basis over the I￿rK￿l ofthe lease. PENSION COSTS AND OTHER POST41ETIREMENT BENEFrrs The chaiity operates a deffin￿ contribution pensi(￿ ￿herne. Conlribulions pardble to the charitys Pension scheme are charg￿1 to th8 Statement of Fnwcial Aclivities in tha p8riod to vthich tsy relate. -1> DARUL ULOOM LEICESTER IIOTES TO THE FINANCIAL STATE&lEP￿S. conlknued FOR THE YEAR ENDED 31ST AIIGUST 2025 DONATIONS AND LEGACIES 311W25 3118124 337.822 18.T18 217.699 8.148 Gift aid 356.600 225.847 INCOME FROM CHAR￿ABLE ACTivrriES 3118r25 3118124 Education Education EdU￿b.On 556.023 2.269 79260 &33.375 other inrA)me S¥￿80[ShIP 637,552 533.375 Grnnl fundlng of (so• nol• osts (see note 61 EthxatKJn 869.870 1274 871782 GRANTS PAYABLE 3118r25 3118r24 The total gants paid to insliiulions during Ihe searwas as folk)ws: 3118r25 3118124 Funthai%iro events 1,638 -14- DARUL ULOOM LEICESTER NOTES TO THE FINANCIAL STATE&IEpifs. ¢onlinuod FOR THE YEAR ENDED 31ST AUGUST 2025 SUPPORT COSTS Ed￿liOn 2.274 TRUSTEES. REMUNERATION AND BENEFrrs Indu(kd in ts wages costs is £19,630 (2￿24 £16.647) relates to vrdges pald to Mr l A Patel Tntstee. who provid8S teaching and olher related SeNiL￿. TRUSTEES. EXPENSES There were no trustees. expenses paid for the yEar ended 31st August 2025 nor for the endeil 31st August 2024. STAFF COSTS 3118f25 3118124 Wages and salaries 543.356 27.549 3,057 524.586 19,449 2.149 Other pension CA)sts 571962 546.184 The averydge monthty nurnber of employEes duriTr2 the year was as folk)ws: 3118R5 3118124 41 Tea*iThJ staff Adminislration slaff 47 No emplo￿ received emduments in excess of £60.(MJO. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivmES funds fvnds COIAE AND ENtK)WMETr￿ FROM Donati(￿5 and legaoes 215,907 225.847 Charilable adiviltes Education 533.375 533.375 749,282 759.L2 EXPENDITURE ON ChaTilable activities Edu(*tion 29,210 NEf INCOMEI(EXPENDrruRE) (57.762) (19.270) 177.032) -1 DARUL ULOOM LEic&¥fER NOTES TO THE FINANCIAL STATEMEMTS. conlknuBd FOR THE YEAR ENDED 31ST AUGUST 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES- corrtlnued Tolal fvn nds funds RECONCIUATION OF FUNDS Totsl funds br￿ght forward 1.567.128 23,650 1.￿,T18 TOTAL FUNDS CARRIED FORWARD 1,509.366 1.513.746 10. TM4GIBLE FIXED ASSErs Equiw Frt•hold Fixturns i)rnpÈrty & frtllngs vehlcles COST Al 1st Sept￿ber 2024 Additions Disp%als 2254.682 130A06 87,680 12.OTI (74834) 1,500 1343.862 142,483 (74834) At 31st A￿ust 2025 1384OB8 24923 2,411,511 DEPRECIATION At 1st Septwnber 2024 Charye for y Eliminated on diswsal 267,968 801 675 225 53,451 174,721) 174721} At 31stAwusi 2025 316.769 15.29) 900 332.959 BOOK VALUE At 31st August 2025 1068,319 2.078.552 At 31st Au￿st 2024 1.986.714 825 1.￿.633 11. DEBTORS: Amouiifs FALLING DUE YltrHIN ONE YEAR 3118125 3118r24 Trado debto 52,610 35.712 VAT PrepayTngts and a￿n￿d inC￿e 5,526 11.8(Ki 107.985 47.572 -1Er OARUL ULOOM LEICESTER NOTES TO THE HNANCIAL STATEMEiifs. cont1m￿d FOR ThE YEAR ENDED 315fAVGUST 2025 12. CREDrroRS: AmOU1￿s FALUNG DUE wrrHIN ONE YEAR 3118125 3118r24 Trade creditrrts Taxation aTKI s(wl Se￿[Ity Olher (¥editors 111.620 7.438 554,5ZI 57,553 641.585 673,585 708,S65 11 LOANS An anatysis of the ma￿rity of loans is given belovr. 3118r25 3118124 Amounts faI￿ng due wrythin yBar on d8marKI: Olher loans 1&L MOVEMEpif IN FUNDS At1￿24 In funds 31.825 Un￿trIC￿ funds General fund 1￿9,366 124119 1.634485 Restrlded funds Zakat 4,380 (4,380) TOTAL FUNDS 1.513.746 119,739 1,633N85 Net movement in fuThJs, in the above are as forkn￿. In¢tynlng In funds Unrestricted funds General fund 919.272 (794153) 124119 Restrlcted funds Zakat 74,880 (79260) (4380) TOTAL FUNDS 994152 (874413) 119.n9 -17- DARUL ULOOM LEICESTER MOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST AUGUST 2025 14. MOVEMEKf IN FUNDS- continued C(Mnparndves for movement In funds At1J23 In funds 31.8.24 Unrestricted funds General furMI 1.567.128 (57,762) 1.509.366 Restrict•d funds Zakat (19.270) TOTAL FUNDS 1.W.778 {77.032) 1.513.746 Comparatsve nèt movement in fuThJs, wKauded in the atrfjve are as follows: Incoming UnreStrIc￿ funds Gengrd fuwKI 749282 (807.044) {57,762) Restrlcted funds Zakat (29.210) (19270) TOTAL FUNDS 759,222 (836,254) (TT.032) A cunEntJEar 12 m¢yths aThJ pri￿Year 12 months ¢>Jntined rN)slllon Is as fr￿￿￿. Net At 1.923 In fvnds 31.825 Unrestrlcted funds GeAwal fuThJ 1.567.128 66.357 1,633.485 Restricted lunds Zakat {23.650) TOTAL FUNDS 1.5￿.778 42.707 1.633.485 DARUL ULOOM LEIC&STER NOTES TOTHE FINANCIAL STATEMEMTS. contlnued FOR THE YEAR ENDED 31ST AUGUST 2025 14 MOVEMENT N FUNDS- contlnued A current ￿ar 12 morrths and prnjr sear 12 monts coMbin￿j net movem&tt in funds. indud8d n Ihe in lund# Unrestricted funds Gweral fund 1.668,554 (1.602.197) 66,357 Rostrict•d ￿ndS Zakat {108.470) <23.650) TOTAL FUNDS 1.753,374 {1.710.66n 42.707 15. RELATED PARTY DISCLOSURES There were no relaw paty transacliorE forthe year erthj 31st August 2025. -1