The Charity Registration Number is 1045362 AL BADR ISLAMIC TRUST Report and Accounts 31 December 2023
AL BADR ISLAMIC TRUST Report and accounts for the year ended 31 December 2023 Content$ Page Charity information Trustees. Annual Report Statement of Trustees, responsibilities Ind8pend&nt Auditors, R8port Funds Statements... Statement of Financial Activities Statement of Financial Activities - Prior Year slalèmenl 12 Statement of lolal recognised gains and losses Mov8m8nls in funds Summary of funds 13 13 13 Balance Sheet 14 Cash flow statement Notes lo the accounts 15 16-27
AL BADR ISLAMIC TRUST Trustees, Annual Report for the year ended 31 December 2023 The Tru51ees present their Report and Accounts lor the year ended 31 December 2023. Reference and admlnlstratlve details Tho charlty name. The legal name ofthe charity is.- AL BADR ISLAMIC TRUST The Charity is also known by its operating name, Jamea Al Kauthar, Abrar Academy and Darul Uloom Preston The charlty s areas operation and UK charitable registration. The charity is registered in England & Wales with thè Charity Commission in England & Walès ICCEWI with charity number 1045362 Legal structure of the charlty The charity is conslitut8d as an unincorporatèd charity, established by Trust Dè8d. Thè govèrning document of the charity is the Trust Deed establishing the charity. There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law. The Iruslees are all individuals. Tho prlnclpal oparallng addrg$s', Jamea al Kaulhar Ashton Road Lancaster LA15AJ The Tru8tea• In offlcg on the date the report was approved were:. Mr Fgzl Wadee- Managing Trustee Mr Huzayfa Wadee Mr Ra'88s Mastèr The trustees who served as a trustee in the reporting period re as shown above, and thére w8r8 no changes during the reporting year. Objects and activitSes of the charity To advance education for the public benefit by the provision of Islamic boarding schools and to advancé religion according lo the tenets of the Islamic faith The aim of the charity is lo providè an opportunity lo study traditional Islamic sciences with secondary and further education in a safe se¢ure boarding school environment.
AL BADR ISLAMIC TRUST Trustees, Annual Report for the year ended 31 December 2023 The main activities undertaken in latiOn to those purposes during the year. The Lancaster centre- Jamea al Kaulhar. Established in 1996, we are dedicated to welcoming students into an academ ic atmosphere that is spiritually enriching and physically nurturing. We cater for girls from ages 11 and abov8, providing an Islamic education as well as high school and sixth form subjects. The school places great emphasis on providing an excellent Islamic environmént that is conducivé to acquiring a good education whilst catering for a culturally and ethnically diverse student population. Students are challenged to pursue 8xcellen¢e in a family-like environment, and their welfare and progression is our highest priority. An extensive pastoral care system ensures that our girls are treated as important individuals. We are constantly working hard lo improve our facilities to deliver a good education and a memorable student experience. Jamea Al Kauthar is located in the heart of Lancaster in the UK, and consists of a Victorian four slorèy, grade11 listed building Iformerly The Royal Alb6rtl. Thè main building forms the central accommodation al th8 boarding school with separate wings designated for separate boarding houses. The madrasah and school are situated in two separate buildings, and all three buildings are surrounded by 20,5 acres of beautiful natural grounds giving a serene setting to r8lax and enhan¢8 the mind and body. The Preston Cantre- Abrar Academy opened in 2009 is an Independent Secondary College for boys from the age of 11. We offer a balanced curriculum, encompassing the full lime Alimiyyah and Hifz course cornbin8d with the traditional English curriculum, In 2015, Darul Uloom Preston was established lo provide students from outside Preston an opportunity lo com8 and study in an academic atmosphere that 18 spiritually enriching and physically nurturing. The Charity also runs a spiritual centre and a Masjid in Blackburn known as Khankah from Robinson Street, Blackburn. The charity runs a Masjid in Accringlon which is being re-developed after the omplete demolition of its building slruclure. The main actlvitles undertaken durlng the year to further the charity s pury)ose for the public beneflt. Jamea al Lancaster offers the following subject5 8t KS3.' English, Maths, Science, ICT, Art, PSHE & Citizenship, Humanities, PE, and Urdu. At GCSE Level, students are entered for English Language. English Literature, Maths, Combined Science, Religious Studies, Urdu, ICT and History. Jamea offers English, Urdu and Maths at A Level. Jamea a150 offer5 many levél 3 cours8s, such as BTEC science, and B TEC Health & Social Care and Level 3 Education and Training. In September 2015, Abrar School in Preston opened ils boarding facilities known as Oarul ul Uloom Preston and has now many boarding Students. All boarding students benefit from a spiritually uplifting enviromenl that helps them develop spiritually and and as exemplary citizens who greauy contribute to sac16ty. Wè havè rècently expanded our provision for the Muslim community in the north west, with the purchase of additional facilities in Preston (to add lo our expanding Preston cenlrel, and with th8 establishment of a places of worship in both Accrington and Blackburn, Many of our newly established sites aim lo provide Islamic education for disadvantaged children from deprived backgrounds.
AL BADR ISLAMIC TRUST Trustees, Annual Report for the year ended 31 December 2023 The short tenn and longer term aims and objectives. Al our schools. we aspire to cultivate morality 8nd inspire our girfs and boys lo graduate as able, confident British Muslim citizens and outstanding role models for their Communities. To this end, the graduates of our college not only perform well in the school. they also transfer high standards of moral and ethical values, principles and standards lo their chosen paths within their own communities. The long term objective 15 10 instil religious Islamic education combined with secular education lo enrich the fabric of tomorrow's society. The main achlevements and performance of th8 charity during the year. This reporting year. Jamèa al Kauthar had the joy of cel8brating th8 graduation ceremony of 35 Aalima students, whilst in Darul Uloom Praston 6 Aalim students graduated and 8 Hifz slud&nls from seven differ8nl 8thnic backgrounds completed their Quran memorisation The Trustees are happy to report yel again that the Jamea al Kauthar GCSE 2023 results were 8xcellenl. The results in English, RS and Urdu were well abovè averag6, and the pass percentage in English and Maths was in line with the national average. Abrar Academy in Preston. which serves as a residential and non-residential boys, school. is continuing to provide secondary education, as well as A level provision for post 16 boys. In 2023 students achieved excellent GCSE results, with the strong and standard pass rale well above the national average. Fundralslng actlvltles durlng the year. Th6 charity r81i&s on aid from the individual donors. whose support is valued. The charity continued ils normal fundraising activities lo update and improve the educational establishments il provides for the community. In order lo comply with the disclosures required by Section 62A of the Charities Act 2011 as introduced by the Charities IProteclion and Social Investment) Act 2016, the Trustees slate that the Trust does not use proféssional fundraisers. Accrlngton Masjld Th6 charity Trust réceived donation of a mosque propety as a reslricled asset. The buidling was in need of extensive repair. The buidling was demolished and currently il is being rebuild. In the year end 31 December 2023 £197,872 was capitalised as expenditure on this project. The effe was to increase the reslricled asset category as shown in the notes lo the accounts. The difference the charity's performance during the year has made to the beneficiaries of the charity. The Charity runs Islamlc courses along with GCSE and A Level courses, benefitting more than 250 boarding students al the main Lancaster centre and 120 students at the Preston centr8. This continues lo draw much interest within the community, with many applicants applying from all over the country. The degree to which the achievements and performance during the year have benefited wider society. Al Badr Islamic Trust recognises the importance of contributing to the community and community cohesion. Many of the students that graduate from our schools, go on lo work al schools and charilies in their local area. Our students also regularly raise money for local charities and worldwide Causes. The schools work on many initiatives that contribute lo society, such as visits to the local old people's home and donating lo local food and clothing banks.
AL BADR ISLAMIC TRUST Trustees. Annual Report for the year ended 31 December 2023 Structure, governance and management of the charity The methods used to recruit and appoint new charity trustees. The trustees have the power to appoint new Iruslees. The board can invite suitable candiates who are from th@ local muslim community to serve as Trustees and new trustees will receive induction training which is tailored lo the specific needs of the individual and will always include full training on organisational policies. There are is no membership structure within the Irusl. The charity has three appointed trustees who have ov8rall control and resposibility for policy and major decision making. Day lo day management and responsibilty lor implementing policies is carried out by a full lime Managing Trustee Mr Fazl Wadee Financial review rhe charlty s flnanclal posltlon at the end of the year ended 31 December 2023 The financial position of the charity al 31 December 2023 and comparatives for the prior period. as morè fully detailed in th6 accounts. can be summarised as follows".- 2023 2022 Not income 124,894 1257.6501 Unreslricled Revenue Funds available for the general purposes ol the charity 5,703,901 5.776,879 Reslricled Funds 262,672 64,800 Total Funds 5,966,573 5,841,679 Financlal review of the position at the reporting date, 31 December 2023 . The Iruslees consider the financial performance by the charity during the year to have been salislactory. The pricipal funding of the charity is from parents of students given by way of contributions fees for their children. Park Campus Moor Park Avenue, Preston PR1 6AS.' This property was acquired and is now being rented by the previous owner and the rental income is materially contributing to a fixed yearly income that gives the Trust significant sourcè of secured cash flow benefits. Pollcles on reseThes. The level of cash reserves at any given limè is based on the requirement for a full months expenditure The level of cash liquid reserves changes drastically in the month of January, April and September when the fees instalmenl is received from the students, Al the end of December the funds will always be at a low level. The fixed asset pool is fully utilised for charitable purposes. Th8 Trust ha5 a pool of assets under investment properties that are used lo generate cash by way of rental income for maintaining a regular source of liquid funds. There are no designa16d funds sét aside.
AL BADR ISLAMIC TRUST Trustees. Annual Report for the year ended 31 December 2023 Going Con¢ern The Iruslees have given careful consideration lo going concern. The nel current asset liabilitie5 IS significantly in deficit, the trustees consider that the Karz Hassana Ilnterest free loans given for charitable purposes) are not demanded by the lenders for long period5 of lime. although legally they are payable on demand. Historically, these loans have remained fixed and many times converted into donations. Public 8eneflt When planning the charity activities, the board of Trustees have taken into consideration the Commissions guidance and the specific guidan¢8 on charities for the advancement of religion. It is charity policy, that when il is necessary to waive fees for services and goods provided to help the students from poor and disadvantaged families the trust will implem8nt thi5 policy and regard il as provision ol services for public benefit. Details of The Auditor Shamim Mahoméd Member of Institute of Chartered Accounlanls of England and Wales P6gasus Hous8 5 Winckley Court Mount Street Preston PR188U
AL BADR ISLAMIC TRUST Trustees. Annual Report for the year ended 31 December 2023 Statement of Trustees, Responsibilities The charity's trustees are responsible for the Report of the Trustees and the financial statements in accordance with applicable law and UK Accounting Standards (UK Generally Accepted Accounting Practice. Th8 charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and thé Charities IAccounts and Reports) Regulations 2008 and follow the specific guidance issued by the Charities Commision of England and Vvales under FRS 102 SORP Islalemenl of Recommended Practice for Accounting and Reporting by Chariliesl. In particular, charity law r8quires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charity as at the end of the financial year and of the surplus or d8ficil of th8 charity. In preparing those financial statements the Trustees are required to to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl. s8le¢t suitable accounting policies and apply them consistently". mak8 judgements and estimates that are reasonable and prudent., prepare the financial slalèmènls on the going concern basis unless it is inappropriate to presumé that the charity will continue in business.. state whether applicable accounting standards and statements of recomm&nded practice have been followed, subject to any material departures disc105ed and explained in the financial statements., The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the stale of affairs of the charity and of the surplus or deficit of the charity for the year. Thè Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any lime thè financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011, They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and oth8r irregularitiès. Mr Huzayfa Wadee Tru51e8 Date,
Independont auditor's report to the Trustees ot Al Badr l$larni¢ Trust Opinlon We have audited the financial slalemen15 01 Al Badr Islamic Trust Ithe'charily'l for the year ended 31 December 2023 which cornprise the Slalemenl of Financial Activities, Balance Sheet, The Cash Flow Statement, and notes lo the financial stalemenls, inclLJding significant accounting poliaes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom A¢¢ounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United li'ngdom Generally Accepted Accounting Practice). In our opinion the financial slalemenls.. give a true and fair view ol the stale ol the charity's affairs a5 al 31 December 2023 and of ils Income and Expenditure for the year then ended. have been properly prepared in accordance wth United Kingdom Generally Accepted Accounting Practice. have been prepared in accordance vlllh thè requirements of the Charities Act 2011. Basis for oplnlon Vve conducted our audit in accordance wlh International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities undef those standards are further described in Ihg Auditor's responsibilities for the audit of the financial slalements section ol our report. We are independent of the charity in accordance wlh the ethical requirements that are relevant lo our audit ol the financial slalements in Ihe UK, including the FRC'S Ethical Standard and we have fulfilled our other ethical responsibilities in accordance wlh these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a bas18 for our opinion. Con¢luslon3 ralatlng to golng concern In auditing the financial statement5, we have concluded that the Trustees use of the going concem basis of accounting in the preparation of the financial slalemenls is appropriate. 8ased on Ihe work we have performed, we have not identified any material uncertainties relating lo events or onditions that, individually or collectively, May cast significant doubl on the Trust's ability to continue as going concèrn for a period of al least 12 months from when the financial slalemenls are aulhorised lor i88ue. Our responsibilities and the responsibilities of the trustees with respect lo going concem are described in the relevant secllons of this report. Other Informatlon The other inlormalion comprise5 the inlormalion included in tho annual report, including the trustees, report, other than the financial 51alemenls and our auditor'8 report Ihereon. The trustee5 are responsible lor the other information contained wlhin the annual report. Our opinion on the financial slalemenls does not cover the other information anLI, except lo the extent olhew5e expli¢iUy slated in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility is lo read the other information and, in doing so, consider whether the other information is rnaterially in¢onsislenl with the financial slalemenls. or our knovledge obtained in the course of ihe audit, or otherwise appears lo be materially rnisslaled. If we identify such material incon5islencies or apparent material misslalemenls, we are required lo determine whether this gives rise to a material misslalemenl in the financial statements themselves, 11, based on the work we have perforrned, we conclude that thère is a material misslalement of thi5 other information, we are required lo report that lael. We have nolhing lo report in this gard Matters on which we are roquired to roport by exceptlon In the light ol the klloedge and understanding ol the charity and ils environment obtained in the course of the audit. we have not identified material rni551alemenls in the Iruslees, report. We have nothing lo report in respect of the followng mallers in relation lo which the Charities Acl 2011 requi$ us lo report lo you il, in our opinion-. adequate accounting records have not been kept, or returns adequate for our audit have not been received IrDm branches not visited by us.. or the financial slalemenls are not in agreement with the accounting records and returns,. or ¢ertain disclosures ol Iruslees. remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit.
Independent auditor's report to the Trustees of Al Badr Islamic Trust Responsibilities of trustees As explained more fully in the trustees, responsibilities slatement,Ihe Iruslees are responsible for the preparation of the financial slalemenls and lor being satisfied that they give a true and fair view, and lor such internal control as the Iruslees determine is nece55ary lo enable the preparation ol financial slalemenls Ihal are free from material misstatement, ether due lo fraud or error. In preparing the financial slalemenls, the trustees are responsible for assessing the charity's ability lo continue a5 a going concern, dis¢losing. as applicable, matters related to going concern and usin9 the going concem basi5 of accounting unless the Iruslees either intend lo liquidate the charity or lo cease operations, or have no realistic alternative bul lo do so. Auditor'$ Ro$pon$lbllltlos for the audit of the financial statements We have been appointed as auditor under Section 144 Charities Act 2011 and report in accordance wlh the Act and relevant regulations made or having effect Ihereunder. Our objeelives are lo oblaln reasonable assurance about whether the financial slalements a5 a whole are free from material rnisslalemenl, whether due lo fraud or error, and lo issue an auditor's report Ihal includes our opinion. Reasonable assurance is a high level of assurance. bul is not a guarantee that an audit conducted in accordan ¥Mth ISAS IUKI will always delecl a material mi551alement when il exists. Misslalemenls can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected lo influence the economic decisions gf u$er5 taken on the basis of these financial slalemenls. Irregularities, including fraud, are instances of non-compliance with law5 and regulations. We design procedureg in line with our fe8ponsibililies, outlined above, lo delecl material misstatements in respect of irregularities, including fraud. The 8xlenl lo which our procedures are capable ol delecling irregularities, in¢luding fraud is detailed below.. Our approach lo iéenlifying and assessing the risks of material misstalemenl in re$p8cl ol irregularilles, including fraud and non-compliance Mrilh laws and regulations, was as follows.. •lhe engagement partner ensured that the engagement team collectively had Ihg appropriate competence. capabilities and skills to identify or recognise non-compliance wlh applicable laws and regulations,, we Identified the laws and regulations applicable lo the charity through di3cu55ions wlh Iruslees and other managernenl, and from our commercial knovAedge and experience of the charily sector,. •we focused on specific laws and regulations which we considered may have a direct malorial effect on Ihe financial Statements or the operations of the charity. including the Charities Act 2011., we assessed the extent ol compliance with the laws and regulations identified above through making enquiries ol m8nagemenl', and 'idenlified lawg and regulations were communicated wlhin Ihe audil leam regularly and the team remained alert lo instances of non.compliance throughout the audll. We assessed the susceplibilily of the charity's financial slalemenls lo material mi551alemenl, including obtaining an understanding of how fraud might occur. by.. •making enquiries of rnanagèmenl as lo where they considered there was susceptibility lo fraud, their knowledge of actual, SLJspecled and alleged fraud,. and aconsidering the inlemal controls in pla¢e to mitigate risks ol fraud and non-compliance wlh laws and regulations. To address the risk of fraud through management bias and override of controls, we.. 'performed analytical procedu8 lo identify any unusual or unexpected relationships,. 'invesligaled the rationale behind Significant or unusual Iransaclions., and •reviewed income and expenditure lo ensure there was sufficient approval and oversight of the financial Iransaclions. In response lo the risk of IfglantIeS and non-compliance wlh laws and regulations, we designed procedures which included, bul were not limited lo". •agreeing financial slalernenl disclosureg lo underlying Supporting documenlalion., •reading the minutes ol meetings of those charged with governance., and 'enquiring of management as lo actual and potential litigation and claims. Thero are inherent limitations in our audit procedureg described above. The more removed that laws and regu5alions a from financ4al transactions, Ihe less likely it is that we would become aware of non-compliance. Auditing standards a150 limit the audit pro¢edLJres required to identify non-compliance Mlh laws and regLJlations to enquiry ol the Iruslees and other management and the inspection ol regulalory and legal correspondence, il any. Material mi5slalemenls that arise due lo fraud can be harder lo detect than Ih05e that arise from error as they may involve deliberate concealment or ¢ollusion.
Independent auditor's report to the Trustees of Al Badr151amic Trust As part of an audit in accordance wth ISAS IUKI, the auditor exercises professional judgment and maintains professional scepticism throughout the audit. The auditor also. •Oblains an understanding 01 inlemal control relevant lo the audit in order lo design audit procedures that are appropriate in the circumstances, bul not lor the purpose ol expressing an opinion on the effectiveness ol the entity's internal control,. and .Evaluales the appropriateness of accounting policies used. The auditor communicates wlh those charged wlh governance regarding, among other mallers. the planned scope and liming of the audit and significant audit findings. including any significant defiaencies In internal ¢onlrol that the auditor identifies during the audit. Reportlng on thè flnancial 8tatements The auditor's report is requirèd lo contain a dear expression of opinion on the financial slalemenls taken as a whole. To form an opinion on the financial statements the aLJdilor concludes as lo whether.. .Ihe financial slalemenls adequately refer lo or describe the applicable financial reporting framework., .Ihe financial slalemenls appropriately disclose the significant accounting policies selected and applied. In making this evaluation. the auditor considers the relevance ol the accounting policie8 lo the entity and whether they have been presented in an understandable manner., +lhe accounting policies selected and applied are consislenl with the applicable financial reporting framework. and are appropriate., .Ihe accounting estimates made by th8 Irusleès are reasonable.. .Ihe information pre8enled in the financial statements is relevant, reliable, comparable and understandable. In making this evaluation, the auditor considers whether,, •lhe information that should have been includ&d has been included. and whether such information is appropriately clasyified, aggregated or disaggregated, and characlerised,. and *lhe overall presenlalion of the financial slalemenls has been undermined by induding information that is not relevanl or that obscu$ a proper understanding of the maller disclosed,, the financial slalemenls provide adequate disclosures lo enable the intended users lo understand the effect of material transactions and events on the information conveyed in the financial stalemenls., alhe lermillology used in the financial slalemenls. including the lille ol each financial statement 15 appropriate. When the financial slalemenls are Pfepared in accordance with a fair presentation Iramework, the auditor also evaluates whether th8 financial slalemen15 a¢hieve fair presentation li.e gives true and lair view) including consideration of.. •lhe overall presentation, strucluro and conlenl of the financial slalemenls., and 'whelher the financial slalemenls represent the underlying transactions and events in a manner that achleves lair preserilalion lor gives a true and lair viewl. SKM Chartered Accounlanls 18 eligible for appointment as auditor of the charily by virtue of 118 eligibility for appointment as auditor ol a charity under section 1212 of the Companies Acl 2006. U80 of our report This report 15 made solely lo the charity's Iiuslee5, as a body, in accordanTr wlh the Charities Act 2011, Our audit work has been undertaken so that we might slate lo the trustees those mallers we are required lo slate lo them in an auditor's report and for no other purpose. To the fullest exlenl permilled by law. we do not accept or assume responsibility lo anyone other than the charity's trustees as a body, lor our audil work, lor this report, or for the opinions we have formed. Shamim Mahomed SKM Chartered Accounlanls Stalulory Auditor Pegasus House 5 Winckley Square, Mount Street Preston. PR188U Date.19fft 3étsm6.-rt I2f .
AL BADR ISLAMIC TRUST- Statement of Financial Activities for the year ended 31 December 2023 Statement of Financial Activities for the year ended 31 December 2023 Current year Unre9trtcted Funds Current year Ro$tricted Fundg Current year Total Funds PrSor Year Totzl Fund5 2023 2023 2023 2022 Income & Endowments from: Donations & LegaGies Charitable activities Investments 305,076 1,250,887 75,591 305,076 1,250.887 75.591 220,121 1,156,422 75,653 Total Income 1,631,554 1,631,554 1,452,196 Expenditure on: Charitable activi118S 1,593.255 1.593,255 1,594,896 Total axpendlture 1,593,255 1,593,255 1,594.896 Nel gainsl(lossesl on investments 86,595 86,595 1114,9501 Net income for the year 124,894 124,894 {257,6501 Transfers bet06n funds Nel income after transfers Total funds brought forward Total funds carrled forward 197.872 197,872 {72,978) 197,872 5,776,879 64,800 5,703,901 262,672 124,894 5,841,679 5,966,573 (257,650) 6,099,329 5,841,679 A Slalemenl of Total Recognised Gains and Losses is included as a primary slalemenl in these accounts. All activities derive from continuing operations Tha notes attached on pages 16.27 to 27 form an Integral part of these accounts. 10
AL BADR ISLAMIC TRUST - Statement of Financial Activities for the year ended 31 December 2023 AL BADR ISLAMIC TRUST- Analysis of prior year total funds, as requlred by paragraph 4.2 of the SORP Prlor Yèar Prlor Year Prior Yoar Total Funds Unr•$trleted Fund5 Restrict8d Funds 2022 2022 2022 Income from.. Donation5 & Legacies Charitable activities Investments 220,121 1,156,422 75,653 220,121 1,158,422 75,653 Total Income 1,452,196 1,452.198 Expgndlture on: Charitable activities 1,594,896 1,594.896 Total 6xwndltur8 Incomelgss expenditure Nel gainslllossesl on inve8lmenl$ 1,594.896 1.594,896 1142,7001 1142,7001 1114,9501 1114,9501 Not InGome for the year Transfer between funds Nat Incomg aft8r transfers Rè¢on¢illatlon of funds:. Total funds brought foThvard Total funds carrled fonyard 1257,6501 4,800 1262,4501 1257,6501 4.800 4.800 1257,6501 6,039.329 5,776.879 60,000 64,800 6,099.329 5,841,679 All activities derive from contlnulng operation$ A Slalemenl Of T¢lal Re¢ogni5ed Gains and Losses is included in these accounts as a separate primary statement
AL BADR ISLAMIC TRUST- Statement of Flnancial Activlties for the year ended 31 December 2023 ststement of Totsl ReGognis8d Galns and Losses for the year endod 31 December 2023 2023 2022 Surplus for the ygar . No18xcesslldeficill of income over expenditura from operations before lax 38,299 1142,7001 Income from operations before tax In thè Statement of Flnan¢lal Actlvltas Realised gains on the disposal of investments 38,299 1142,7001 Surplusl(Defl¢lt) as Shown In the Income and Expendlture account Add/ldaduetJ non Income and expendlture Items... Unrealised gains on investments Net Movement in fund$ befor• taxatlon 38,299 1142,7001 86,595 124,894 1114,9501 1257.6501 Funds gengrated in th• yoar as shown on Statement of Flnanclal Actlvltles 124,894 257.650 Re80urces applied in the year gnded 31 Decembar 2023 towards flxod assots for Charity use:. 2023 2022 Funds general$d in th& y$ar a$ detailèd in the SOFA R8soure89 applied on functional fixed assets Net resource$ avallable to fund charltable actlvltles 124,894 1214,8451 89.951 12S7,6501 181,4691 339,1191 Movements In revenue and capltal funds for the year ended 31 December 2023 Revenue accumulated funds Unr8strlcted R8strlct8d Funds Funds 2023 2023 Total Funds 2023 Last yoar Total Funds 2022 A¢¢umulaled funds brought fotward Recognised gains and losses before Iran$fer$ 5,778,879 124,894 5,901,773 1197,8721 5,703,901 64,800 5,841,679 124,894 5,966,573 8,099,329 1257,6501 5,841.679 64,800 197.872 262,672 Transfer beeen funds Closlng rovonug fund$ 5,966,573 5,841,679 Summary of funds Unrestrlcted Rgstrlctgd Funds Fund$ Total Funds Last Year Total Funds 2023 2023 2023 2022 Revenue accumulated funds 5,703,901 262,872 5,966,573 5.841,679 12
AL BADR ISLAMIC TRUST - Balance Sheet as at 31 December 2023 Note 2023 2022 Fixed assets Tangible assets Investments held as fixed assets 5,976,343 794,000 5,916,119 770,000 Total fixed assats 6,770,343 6,686,119 Current assets Debtors Investments held as current assets Cash at bank and in hand 109,054 336,813 83,849 163,222 267,718 40,766 12 Total current assets 529,716 471,706 Credltors: amounts falling due within one year 13 {1,333,4861 {1,316,146) Net current liabilities 1803,770) (844,4401 The total net assets of the charity 5,966,573 5,841,679 The total net assets of th8 charity are funded by the funds of the charity, as follows:. Restricted Funds 16 262,672 64,800 Unrestrlcted Funds Unrestrict8d Revenue Funds 16 5,703,901 5,776,879 Total charlty funds 5,966,573 5,841,679 The Trustees acknowledge their responsibilities for complying wlh the requirement5 of charity legislation with respect to accounting records and the preparation of accounts. The charity is subject to audit under charity le9islalion, and the report of thè Charities Act auditor is on page 10. 4IIJI,IVfi Mr Huzayfa Wadee Trustee Approved by the board of trustees on.. Ig1121201* The notes attached on pages 16-27 to 27 torm an Intogral part of tho$0 a¢¢ounts. 13
AL BADR ISLAMIC TRUST Cash Flow Statement for the year ended 31 December 2023 2023 2022 Cash flows from operating activities Nel cash provided by operating activities as shown below 172,037 39,774 Cash flows from Investing activlties Other investment income, including rents from investments Proceeds from sale of investments Purchase of property, plant and equipment and investments Net cash used in investing activltles 75.591 75,653 88,644 181,469} 82,828 (221,3451 145,754 Cash flows fmm financing activities Cash inflows from new borrowings Net cash providad by Ilused inl flnanclng actlvltles 16,800 16,800 11,500 11,500 Overall cash used Sn all actlvlties 43,083 31,554 Cash movements Change in cash and cash equivalents from activities in the year ended 31 December 2023 Cash and cash equivalents at 1 January 2023 Change in cash and cash equivalents due to exchange rate moven 43,083 40,766 31,554 9,212 Cash at bank and Sn hand less overdrafts at 31 December 83,849 40,766 Reconciliation of net Income to net cash flow from operating actlvities Net incorne as shown in the Statement of Financial Activities 124,894 1257,650) Adjustments for :. Depreciation charges Nel lossesl{gains} on investment assets Dividends, interest and rents from investments Profit ILoss on the sale of Fixed and Intangible Assets Decreasel(increasel in debtors Increaselldecreasel in creditors, excluding loans Net cash provided by operating activities 154,621 186,595) 175.591) 164,787 114,950 175,653) {3,644) 35,486 (18,050) 39,774 54,168 540 172.037 Analysis of cash and cash equivalents 2023 2022 Cash in hand at for the year ended 31 December 2023 Total cash and cash equivalents 83.849 83,849 40,766 40,766 14
AL BADR ISLAMIC TRUST Notes to the Accounts for the year ended 31 December 2023 1 Accounting policies Pollcie$ relating to the pmduction of the accounts. Bas1$ of preparation and accountlng convèntlon The accounts have been prepared on the a¢¢ruals basis, under the historical cost convention, and in accordance th the Financial Reporting Standard 102, and Charities Sorp FRS102 (Effective 1 January 20191 published by Charities Comrnission in England and Wales and in accordance wlh all applicable law and United Kingdom Generally Accepted Accounting Standards and Practice The charity is a public benefll enllty. In setting our objectives and planning our aclivlll85 the Iruslees have given careful consideration lo the Charily Commissions's general guidance on publle benefit Rocognltlon ol Income, Ilabllltlos and 8xpgndltur& Incoming resources are accounted for on a receivable basis exeepl for donallons ¥thich are accounted for only when received. The value of services provided by volunteers has not been included. Resouces expended are recognised in the period In which they are incurred, Resources expendetj include the allribulable VAT. It comprises those resources expended by the charity in the delivery of its education service$ lor the benefit of ils beneficiaries, mainly children. A liabillly, and the related expendilufe. is recognised en a legal or conslruclive obligalion exis15 as a result ol a past event. and then il is more likely than not that a transfer of economic benefl18 w511 be required in setllemenl, and when the amount of the obligation can be measured or reliably eslimaled, Tanglblè flxed assets Tangible fixed assets are measured al their origlnal cost value, or subsequent revaluation, or il donated, as described above. Cost value includes all cosls expended in bringing the asset into ils intended working condition. Assels under £500 are not capilalised when acquired and if the nel book value falls below £500 the amount i¥ ltIen off, All assets that have been lully depreciated are also removed from the fixed as8els v8luallon Depre¢lallon has been provided at the lollowng rates in order lo ¥wile off th& assets lo Ihelr anllclpaled resldual value over Ihelr eslimaled useful lives. Freehold land Bulldlngs Plant and machinery, ffixtures and vehlcle8 2 % slralghl Ilne 25 % reducing balance A regular annual review of the likellhood of asset impairment Is undertaken. Debtors Deblorg are measured at their recoverable amounts al the balance sheet dale. Credltors and provl$lon$ Short lerrn creditors are measured al transaction prlce (which Is usually the invoice pricel. Loans and other financial liabilities are initially recognised at transaction price.Provisions lie liabilities ol uncertaln liming or amount) are recognised when there is an obligation al Ihe reporting dale as a result of a past evenl.11 Is Pfobable that econornic b8nefil will be transferred 10 settle the obligalion and the amount ol the obligation can be eslimaled reliably. InvostrnDnts Investments held as fixed and ¢urrenl assets are valued at the balance sheet dale by the Trustees. Fund Accountlng Unrestricted funds are available lor use at the discretion of the Iruslees in furtherance of the objecllves of the charity. There are no designated funds set up by the Truslees Reslri¢ted funds are subjected lo restrictions on their expenditure imposed by the donof or through the term5 01 an appeal or as implied by law. The Trust has restricled fixed assets funds 15
AL BADR ISLAMIC TRUST Notes to the Accounts for the year ended 31 December 2023 2 Llablllty to tsxatlon The Trustees consider that the charity sa115fie5 the lesls sel out in Paragraph 1 S¢hedule 6 of the Finance Acl 2010 for UK corporation lax purposes. Accordingly. the Charity is potentially exempl from taxation in respect of income or capital gains received within calegoiies covered by chapter 3 part 11 01 the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gain5 Act 1992, to the exlenl that such Income or gains are applied exclusively on the specific charitable objects ol the charity and lor no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Slalement of Financial Activities. 3 Wlndlng up or dlssolutlon of the charlty If upon wnding up or dissolullon of the charity there remain any assets, after the satisfaction ol all debts and liabilities. the assets represented by the accumulated fund shall be transferred lo some other charitable body or bodies having similar objeclg lo the charity. 4 Slgnlflcance of flnanclal Instruments to the charlty'8 posltlon The loans under creditors due wllhin one year are loans known as Karze Hassana and loaned by indlvidua18 on the basis that Ih6y are repayable on demand and interest free. 5 Net Surplus before tax In the financlal yoar 2023 2022 The nel surplus before lax In the financial year18 slated after charglng:_ Oepreciallon of owned flxed assets Penslon costs Auditors, remunerallon 1S4,621 1,250 5,286 164,787 1,945 3,960 6 Investment galn8 Unreallsed galn$ /(10$3gs) and wrftlng down of carrylng values 2023 2022 Other Unllsled Investments - Unrealised Inve51menl properties- unalIsed Total unrea118èd galnslllo$se81 gt¢ 62,59S 24.000 88,595 62.595 24.000 86,595 1114,9501 1114.9501 16
AL BADR ISLAMIC TRUST Notes to the Accounts for the year ended 31 December 2023 7 Staff costs and emoluments Salary costs 2023 2022 Gross Salaries excluding trustees and key management personnel Employer's operating costs of defined contribution pension schemes Total $alarlo$, wagos and relatèd costs 450,299 1,250 451,549 4S6,391 1,945 458.336 Numbers of lull tlma omployees or full limg gquivalgnts The average number of lolal staff employed in the year was 2023 52 2022 57 rhè estlmated staff deployed in different activities in the year was... Engaged on charitable activities Engaged on management and administration 48 53 None ol the Iruslees have recelved any remuneralbon from the eharily or any related enllly, either In the current or Pflor year. The details of remuneration paid lo persons eonn&cled lo the Iruslees are shown in note 8 No employees received ernolumenls lexcluding pension costs) in excess of £60.000 per annum. 8 Remuneratlon and payments to porson$ ¢onne¢ted with the Trustees 2023 2022 Hamna Vvadee Falema Wadee Umama Wadee M. Taheer Wadee 6.623 3,909 11,657 2.331 24,520 8,078 8,888 10,359 4.377 29.702 The payments lo the above are for services lo Support the activities of the charity and Ihe payment 15 comparable lo other 81aff in sirni18r position. The payment is not specifically prohibited by the Trust deeds. 9 Tanglble flxed as8ats Land and 8ulldlng$ Plant & Ma¢hlnery & Vghlclo$ Flxlur&s and Iittlng$ Total Cost Al 1 January 2023 Additions Dlsposals 7.424,1 $4 197,872 676,481 10,000 300,826 6,973 8,401,461 214,845 At 31 D•¢ember 2023 7,622,026 886,481 307,799 8.616,306 Dgpr•clallon At 1 January 2023 Charge for the year Eliminated on disposals At 31 Da¢emb&r 2023 1.562,167 136,721 635.630 13,845 287.545 4.055 2,485.342 154,621 1,698,888 649,475 291,600 2.639,963 Not book valuo Al 31 December 2023 At 31 December 2022 5,923,138 5.861,987 37,006 40,851 16,199 13,281 5,976,343 5.916,119 Freehold land al valuation on acquisition not depreciated included above There are no inalienable or heritage assets and all assets are used for direct charitable purposes. £350,000 17
AL BADR ISLAMIC TRUST Notes to the Accounts for the year ended 31 December 2023 10 Inve¥tments held as fixed a$sets other unll$ted nvestment$ Total Carrylng valuas of Invgstments Al 1 January 2023 Additions Revaluation al 31 December 2023 770,000 770,000 24,000 794.000 24.000 794.000 At 31 Docember 2023 Analysls b•tw•&n lalr valu• and hl8torl¢al ¢08t Investments as above held al lair value Inveslrnenls as above held al hlglorbcal cost, less any write down 794.000 794,000 555,663 SSS,663 The opèn mark•t valuallon was carrled out by th• Tru$teo8 aft•r approprlate gnqulrl•$ and markgt valuos that aro regarded a$ mlnlmum prlc&$ below whlch tho Tru$tg9$ would not accgpt lor dl$po$al glvgn tho current markot ¢ondltlon8. 11 Debtors 2023 2022 Trade deblorg Other debtors 109,054 151,222 12,000 109.054 163,222 12 Investmènts hold as current a$$et$ valufr at 31 De¢emb8r 2023 At mark&t Value 2023 2022 Other investmen18 336,813 267,718 13 Credltor8: amounts falllng duo wlth5n one year 2023 2022 Karze Hassana loans Trade credllors Accruals PAYE, NIC VAT 8nd other laxe8 1,051,632 258,992 22,380 482 1,333,486 1,034,832 255.069 27,828 11.5831 1.31S,148 18
AL BADR ISLAMIC TRUST Notes to the Accounts for the year ended 31 December 2023 14 Income and Expendlture account summary 2023 2022 At 1 January 2023 Surplus after lax lor the year 5,956.629 124.894 6,099,329 1142,7001 At 31 De¢emb•i 2023 6.081.523 5,956,829 15 Particulars of how particular fund¥ are represented by assets and liabilitio$ At 31 Decembèr 2023 Unr•8trl¢ted funds D•$lgnated funds R&6trl¢ted lunds Tc+tal Fund# Tangible Fixed Assets Investments al valualion'.- Fixed asset invtrslmenls Current Assets Current Liabilities 5,713,671 262,672 5.976.343 794,000 529,716 11,333.4861 5,703.901 794,000 529,716 11.333,4861 5,966,573 262,672 At 1 January 2023 Unr•g¢rl¢ted fund8 Dg8lgnat8d funds Ro8trlct8d funds Totsl Funds Tangible Fixed A88818 Investments al valualion'.- Fixed asset investments Current Assets Current Llabilllie$ 5,851.319 64,800 5,916,119 770.000 471,706 11.316,1461 5,776,879 770,000 471,706 11,316,146) 5,841,679 84,800 16 Change In total funds over the year as shown In Note 16 analysed by individual funds FundB brought Mov•ment In rorward Irom lund8 2023 2022 Funds carrl¢d fc+rward to Transfo18 befv4een funds In 2023 2024 See Note 17 Total unrg$lrlctad and dgslgnatgd funds 5,776,879 124,894 197,8721 5,703.901 Resrricteu runa$.'. Reslricled Fixed Asset Funds Total ¢harlty lunds 64.800 5,841.679 197,872 262.672 5,966.573 124,894 19
AL BADR ISLAMIC TRUST Not8S to the Accounts for the year ended 31 December 2023 17 Analysls of movements In funds over the year as shown in Note 16 Othgr Galns & Losso8 2023 Incom Exp•ndltur• Mov&m•nt In funds 2023 2023 2023 Unrestricted and designated funds... Unrestricted Revenue Funds Restricted funds... Restricted funds 1.631.554 11.593,2551 86.595 124.894 1,631.554 11,593,255> 86,595 124,894 18 The purposes for whl¢h the funds as detalled In note 16 are held by the charlty are:. Unrestrlcted and deslgnated funds... These funds are held lor the meeting the objectives of the charity. and lo provlde reserves for future aclivilies, and 8ubjecl lo charity legislation, are free from all reslri¢lions on their us&. Unre81rlcled Revenue Funds These funds are held in accordance with the reslriclions placed by the donor in the land registry do¢umenls. Reslri¢led asset funds 19 Ultlmate controlllng party The Charity is under the control of ils legal trustees 20
AL BADR ISLAMIC TRUST Activity analysis of Income and expenditurè for the for the year ended 31 December 2023 This analysis is classsified by activity and not by conventional nominal descriptions. 20 Analysis of income by activity 2023 2022 Actlvlty In¢omg from Gharllablg a¢tlvStl&$ Teaching activities Welfare and accomodalion Sludenl support ?,182,732 60,678 7.477 1.088,634 63.523 4.265 Total Income from charltable actlvltles 1,250,887 1,156.422 Summary of fotal Income, Including the Items above Charitable aclivi118S Donaligns & Legaci8$ Investment income 1,2SO,887 305,076 75,591 1,156,422 220.121 75,853 Total Incom• as shown In tho SOFA 1,631,554 1,452,196 21 Analysis of charitable expenditure by activity Actlvlty Dlrect costs Support costs Grant fundlng of activltles 2023 Total Total 2023 2023 2023 2022 Teachlng actlvltles Direct costs Premises expenses Adminislralive overheads Depreciation 499.344 499,344 277,484 20,650 S1,S40 502,791 262,371 18.210 54,929 277.484 20,650 51,540 Total Teachlng actlvltles 499,344 349,674 849,018 838,301 Dlrect costs Support costs Grant fundlng of acllvltlgs Total Total 2023 2023 2023 2023 2022 Welfare and accomodation Direct ctssls Premises expenses Adminislralive overheads Depreciation 143,212 143,212 418,953 1,614 51.540 78,812 336,087 4.721 56.537 418,953 1,614 51,540 Total WèlfarB and accomodation 143,212 472,107 615,319 476.1 S7 21
AL BADR ISLAMIC TRUST Activity analysis of Income and expenditure for the for the year ended 31 December 2023 Oirect costs Support Grant costs funding of aetivitias Total Total 2023 2023 2023 2023 2022 Student support Direct costs Employee costs not included in direct cost Adminislralive overheads Professional lees Depreciation Total Student support 9,700 9,700 298 46,702 11.723 52,969 121.392 298 46,702 11,723 52,969 111.692 1,300 111,424 11,920 57,040 181.684 9.700 Summary of charltabl& costs by a¢tlvlty Dlrect costs Support costs Grant fundlng of a¢tlvltl8s 2023 Total Total 2023 2023 2023 2022 Total Teaching activities Total Wèlfare and a¢¢omodalion Total Sludenl support Total Other ¢harilable aclivilles Governance costs as detailed in note 29 499,344 143.212 9,700 349,674 472,107 111,692 849,018 615,319 121,392 838,301 478,1 S7 181,884 7,526 7,526 7,995 Total charltablg oxpgndltur• 852,256 940,999 1,593,255 1.594,89e The basis of allocation of costs between activities is d9scribed under accounting policies The breakdown of this expenditure by type of spending lie nominal classificalionl is detailed in note 30 Analysls of support and governance costs by charltable actlvltles Govarnance Depreclatlon Human Resources Othèr Overheads Total Actlvlty Taaching aelivilies Welfare and accomodalion Sludenl support 51,540 51,540 52,969 298,134 420,$67 58,425 349,674 472,107 119,218 7,526 298 Grand Total 7,$26 156,049 298 777,126 940,999 22
AL BADR ISLAMIC TRUST Detsiled analysis of income and gxpenditure for the year ended 31 December 2023 as requir8d by the SORP 2019 Thls an81ysls Is classslfled by eonventlonal nomlnal descriptiTons and not by activity. 23 Donations and Legaciés Current year Unrestrl¢tgd Funds 2023 Current year Rgstrlctgd Funds 2023 Current year Total Funds Prlor Year Total Fund8 2023 2022 General donations from individuals and organisations 305,076 3Q5,076 220,121 Total Donations and Legacios 305,076 305,076 220,121 24 Income from charitable activitie8 . Trading Activitles Currgnt y•ar Unrostrlcted Fund¥ 2023 Curfont y•ar Rostrlcted Fund• 2023 Curr•nt •r Total Funds Prlor Yoar Total Fund8 2023 2022 Prlmary purpos• and anclllary trading School fees Sundry income Total Primary purpos• and ancillary trading 1,182,732 68,155 1,250.887 1,182,732 68,155 1,2SO,887 1.088,634 67,788 1.156,422 25 Total Income from charltable actlvltl89 Cuironl y•ar Unrestrictea Funds CurT¥nt year estricteil Funds Curr¥nt yeor Total Fund8 Prlor Yoar Total Funds 2023 2023 2023 2022 Total income from charitable trading Totsl from charitable aGtivitigS 1,250,887 1,250,887 1.250.887 1.250.887 1,156,422 1.156,422 23
AL BADR ISLAMIC TRUST Detsiled analysis of income and expenditure for the year ended 31 December 2023 a8 required by the SORP 2019 26 Investment income Cuirent year unrestricte Funds Current year Kestrict•d Funds Current year Total Fund$ Prlor Year Total Funds 2023 2023 2023 2022 Property Rental Income Other Investment Income Total investment income 71,883 3,708 75.591 71,883 3,708 75,591 66,785 8,868 7S,653 The above rental income includes rent received from tangible fixed assets which amounted lo £68.7851 £78.331-20211 27 Expenditure on charitable activitie8 - Direct spending Currgnt yoar unrestrict•a Funds 2023 Curront y•ar KeStrict•d Funds 2023 Currnnt year Total Fund• Prlor Y•ar Total Funds 2023 2022 Gross wa9es and salaries - charitable activities 450.299 450.299 456,391 Defined ¢ontribulion p&nsion costs ¢harilabl• activities 1.250 1.250 1,945 School expenditure Catering and food 47.795 143.212 47.795 143,212 44,455 122,553 Totsl dlrect 8Pondlng 652,256 652,256 625,344 24
AL BADR ISLAMIC TRUST Detailed analysis of income and expenditure for the year ended 31 Decamber 2023 as required by the SORP 2019 28 Support costs for charitable activities Current year unr•strictea Fund$ Currènt y&ar Current year Totsl Funds Prlor Yoar Total Funds Funds 2023 2023 2023 2022 Employee costs not includèd In dlrect costs Payroll lees and charges 298 298 1,300 Premisès Expenses Rates and water charges Light heal and power Cleaning and waste management Premi$e$ repairs, renewals and maintonance 141,470 255,024 34,322 265,621 141,470 255,024 34,322 265,621 124,772 131,585 32,203 360,956 Admlnlstratlve overheads Telephone, fax and inlernel Stationery and printing Motor expenses School leos waived Equipment expenses Hire of equiprnenl Website maintenan¢& Liabilty and contents insurance Sundry expens88 Proiu Loss on disposal 14,091 3.420 6.498 19,809 1,614 14,091 3,420 8,498 19.809 1.614 12,551 160 5,442 89,634 2.289 1,180 18,130 3,914 2,267 13,6441 18,940 4,288 306 18,940 4,288 306 Professlonal fees pald to advlsors other than the audltor or •xamlner Accountancy lees other than examination or audit fees 2,300 other legal and professional 2,300 2,000 9.423 9,423 9,920 Flnanclal costs Bank charges Depreciation & Amortisalion in lolal lor the period Total support costs 1,428 154,621 933,473 1.428 154,621 933,473 2.111 164,787 961,557 The basi¥ of allocation of costs be88n activities is described under accounting policies 25
AL BADR ISLAMIC TRUST Detailed analysis of Income and expenditure for the yèar ended 31 December 2023 a$ required by the SORP 2019 29 Other Expenditure - Governance costs Current yezr Vnresiricied Funds 2023 Currgnt year Kestriciea Funds 2023 Current year Total Fund$ Prlor Year Total Fund$ 2023 2022 Auditor's fees Ofslead fees Total Governance ¢o$t$ 5,286 2,240 7,526 5.286 2,240 7,526 3.960 4.035 7.995 30 Total Charilabla expenditur8 Curront y•ar Unresificiod Fund$ 2023 Curronl year •gtrictott Fund$ 2023 Current year Total Fund• Prlor Year Total Funds 2023 2022 Total direct spending Total support costs Total Governance costs Total charitable expenditure 652,256 933,473 7,526 1,593,255 652,256 933,473 7,526 1,593,255 625,344 961.557 7,995 1,594.896 26