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2023-08-31-accounts

Trustees	Dr A H Rafsanjani
	Mr A Rashid
	Dr A Hadawi
	Mr S B Rizvi			(Appointed	21 November
				2022)
Charity number	1056466
Principal address	133High Road
	Willesden
	London
	England
	NW10 2SW
Auditor	Pdimera Accountants		Limited
	First Floor Spitalfields		House
	Stirling Way
	Borehamwood
	WD6 2FX
Accountants	Sabat Accountants	Ltd T/A Seymour		King
	Suite G1, Hartsbourne		House Delta	Gain
	Carpenders Park, Wafford
	WD195EF
Bankers	Al Rayan Bank
	PO Box12461
	Birmingham
	B166AQ

		Page
Trustees' report		1-4
Statement of trustees'	responsibilities
Independent auditor's	report	6-6
Statement offinancial	activities
Balance sheet		to
Statement ofcash flows
Notes to the financial	statements	12-24

				Unrestricted	Unrestricted
				funds	funds
				2023	2022
			Notes	f	f
~inc m
Donations			3	94,612	91,095
Charitable activities			4	960,892	890,882
Other income			5		9,892
Total income				1,055,504	991,869
Ezattug)httgum;
Charitable activities			6	1,025,794	1,074,641
Net incomel(expenditure)		for the yearl
Net movement	in funds			29,710	(82,772)
Fund balances	at 1 September 2022			13,754,387	13,837,160
Fund balances	at 31August 2023			13,784,097	13,754,388

				2023		2022
			Notes	5
Fixed assets
Tangible assets				13,432,176		13,436,430
Current assets
Debtors			13	364,089		296,598
Cash at bank and	in	hand		97,680		78,477
				461,769		375,075
Creditors: amounts		falling due within
one year			14	(109,848)		(57,117)
Net current assets					351,921	317,958
Total assets less	current liabilities			13,784,097		13,754,388
Income funds
General unrestricted		funds	14	4,431,570		4,339,653
Revaluation reserve			14	9,352,527		9,414,735
				1	3,784,097	13,754,388
				13,784,097		13,754,388

				Notes	2023 f		2022
Cash flaws from operating		activities
Cash generated from operations				18		135,184		176,910
Investing	activities
Purchase	oftangible fixed assets				(115,981)		(166,550)
Net cash	used in investing	activities				(115,981)		(166,550)
Net cash	used in financing	activities
Net increase in cash and cash equivalents						19,203		10,360
Cash snd	cash equivalents at	beginning	ofyear			78,477		68,117
Cash and	cash equivalents	at end of	year			97,680		78,477

			Unrestricted	Unrestricted
			funds	funds
			general	general
			2023	2022
			f	f
Donations			94,612	91,095
Charitable	activities
			Tuition fees	Tuition fees
			2023	2022
			f	f
Fee income Fee income Fee income Fee income	- Taught Awards - Non-Qualifying Courses - Books &Journals - Camp		599,766 300,289 27,887 32,950	477,613 329,210 34,109 49,950
			960,892	890,882

					Total	Unrestncted
						funds
						general
					2023	2022
					f	f
Coronavirus	Job	Retention	Scheme	Grants		9,892

						Charitable	Charitable
						Expenditure	Expenditure
						2023	2022
						f	f
Staff costs						620,863	687,052
Education						54,681	66,494
Publication						31,419	31,852
						706,963	787,398
Support costs (see note 7)						303,399	269,368
Governance	costs (see note 7)					15,432	17,875
						1,025,194	1,074,641
Support costs
		Support	Governance	2023	Support	Governance	2022
		costs	costs		costs	costs
		f			f	f
Depreciation		120,235		120,235	118,708		118,708
Exchange Losses		75		75
Printing and	stationery	5,024		5,024	5,295		5,295
Computer support		10,219		10,219	13,975		13,975
Insurance		21,837		21,837	19,721		19,721
Maintenance	and
cleaning		12,605		12,605	12,298		12,298
Telephone		14,428		14,428	13,087		13,087
Rates		17,522		17,522	15,440		15,440
Light and heat		49,543		49,543	48,717		48,717
Subscriptions		49,555		49,555	15,250		15,250
Staff training	and
refreshments		824		824	5,804		5,804
Bank and credit card
charges		682		682	1,073		1,073
Audit fees			5,280	5,280		5,280	5,280
Legal and professional		4,375	8,220	10,152	9,402	7,680	12,595
		302,549	15,432	317,981	269,368	17,875	287,243

	2023	2022
	Number	Number
	22	26
Employment costs	2023f	2022 8
Wages and salaries	563,728	630,166
Social security costs	43,507	42,127
Other pension costs	13,628	14,759
	620,863	687,052

	2023	2022f
Basic Salary before any salary sacrifice	30,467	24,050
Employer pension contnbution	914	722
Salary sacrifice arrangements
Total package	831,381	824,772

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The carrying value ofland included in land and	buildings comprises:
	2023	2022
	f
Freehold	8,100,000	8,100,000

Debtors
Amounts falling due		within one year:	2023f	2022
Tuition fees receivable			281,999	256,230
Other debtors			4
Prepayments	and accrued income		82,086	40,368
			364,089	296,598
Creditors: amounts		falling due within one year
			2023f	2022f
Other taxation	and social security		10,210	10,760
Trade creditors			60,966	22,890
Other creditors			29,598	2,685
Accruals and deferred		income	9,074	20,782
			109,848	57,117

		2022	2021
			5
As at 1 September		5,438	31,197
Additions	during the year	13,897	5,438
Amounts	released to income	(5,438)	(31,197)
As at 31	August	13,897	5,438

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	There were no disclosable related	There were no disclosable related	party	transactions	during	the year other than those disclosed	in Note 8.
18	Cash generated from	operations				2023f	2022 f
	Surplus/(deficit) for the	year				29,710	(82,772)
	Adjustments for:
	Depreciation and impairment oftangible			fixed assets		120,235	118,708
	Movements in working	capital:
	(Increase)/decrease in	debtors				(67,491)	137,304
	Increase in creditors					52,731	3,670
	Cash generated from	operations				135,185	176,910
19	Analysis ofchanges	in net funds
	The charity had no debt during the		year.