Registered number 1057961 JAMIA ISLAMIA RIZWIA EDUCATIONAL CENTRE Income and Expenditure Accounts 31 December 2024 JAMIA ISLAMIA RIZWIA EDUCATIONAL CENTRE Report and accounts Contents Page Charity information Trustees, report Accountants, report Profit and loss account Balanc& sheet Cash flow statement Notes to the accounts 7-10 JAMIA ISLAMIA RIZWIA EDUCATIONAL CENTRE Trust Information 119 Southfield Lane. Bradford, BD5 9HQ Trustees 1 Mohammad Aslam SIDDIQUI 2 Sayed Hamdani Maulana 3 Saeeda Bi 4 Saira Siddiqui Bank Virgin Money Accountants APEX ACCOUNTANTS 17 KILLINGHALL ROAD BRADFORD WEST YORKSHIRE BD3 8DN Reglstered number 1057961 JAMIA ISLAMIA RIZWIA EDUCATIONAL CENTRE R8gl¥torod numbgr- 1057961 Tru8tè••' Report The Jamia151arnkq RirAry8 Islamo Educat￿n81 Centre had an Incon 01 £33278.00 In th8 yoar 3111212024 and 1$ ¢llglble for Indo￿n￿¢￿t exernption. As the chanty 15 bel(M the au¢Jil Imre$h9￿ Il may also prepare a 51mple annual repert (refer lo CC15a thanty Reportin9 and Attounling. The asstnt*ls and charit*3 (Accounts and R¢portsl R¢gu1ations 20081. The trust was established wilh the intent￿n of 10 pro¥￿t Istsm￿ eponJible lor pr•paiing lh4 report ond accounti in icLordaK6 wlh appli¢ablfj lmv and iegulaiion$. Charity l¥w requlres Ihe Iwsleo8 lo pr¢p•re accounts lor each financi81 yeor. Under th81 IBW the trustees h8v¢ ¢kGled lo prepare Ihe acceunii in ￿￿ordanCe wilh Unile¢J Kinodom Geneialty Aecepled AccAyJnling Praeii¢¢ (Uniled Kin9dorn Accounlino Sland¥rd¥ and appliuble lawl. Under charity law the truyleej must not approv¢ ihtr occounls unless Ihty afe $alisfied thal Ihoy 9i¥e a true and fair vithv ol Iho $l?le of affalr8 ol the Irusl and ¢1 tme profit or kjis ol Ihe Iwil for Ihol perttl. In prewrtng Ihele 8ttounl>. the Iruslees Jre required lo sekcl iuilable accL)uniino polityeg ¥nd then 8ppty thém cnn$isl8nlty,' m8ke ludgtmnls And e¥lirnaleJ Ih81 Jre reasortab￿ And prudenl., prepare ihe a￿¢unI￿ on Ihe qoing con¢¢rn basis unk¥s Il is Inappropriale lo pr•5urn Ihal tho company wlll continue in builne¥J. The Iruslèes Ofe reiponsible lor keeping adeqyaio a¢￿￿nI￿n9 r¢cordJ Ihol Jfe lufficlonl lo ihth¥ 8nd explaln the ch8rity'8 Iiansaciions and discbse with reasonab￿ aceuraty ai any lim Ihe financial posi1K)n ol thè charily and ¢natr￿ them lo èn$ur* ihai the accounts ￿mplY with the Charity Aci. Thay are also responJityl$ for s¥leouarding Ihe assals ol lh¢ charity and hence for tsking reasonable steps lor Ihe pie¥8nlv)n gnd deleclion ol fraud and Olhor irregularilie3. Approv&d by thg ¢ru>tog• and slgnld on Its bgh•lf by: Moharnrnad A81am SIDDIQUI 19 S•pt•mb•r 2025 JAMIA ISLAMIA RIZWIA EDUCATIONAL CENTRE Accountants. Report Accountants, report to thè trustees of JAMIA ISLAMIA RlZWtA EDUCATIONAL CENTRE I report on the accounts ol the Trust lor the year ended 31 O¢cemOer 2024 The cf*ariVs Ifu¥lee3 are responsiblelor preparolion of the aecounls. The chaty's Iruslees ¢on3idef that an audit is nol required for Ihis year under se¢lion 14412> of the Charities Acl 2011 {Ihe 2011 A¢ii and Ihal an Independeni examinellon Is needed. 11 is my responsibility lo.. 11 examine Ihe accounts under seclion 145 of the 2011 A¢1 2110 follow the procedure$ laid down in Ihe general Dire¢iion$ given by the Charlty Comml$$lon under secllon 14515llbl of the 2011 Act., and 3> to stale whether parti¢ul8r mallfjis have corne to my allenlion 81•11 ol Indep•nd•nt oxamlnèrf• r•port My examlnaiion was carrled OLrt In 8¢Gord8nca ￿th the 9eneral Dlrecllon3 glven by the Charlty Comml38lon. An examlnallon Includes a rellew ol the I￿ountIng records kept by the Charity and a comparbson ol Ihe accounts preyenled th those iecords. 11 also Includes consideralion ol any unusual iiems or disclosure8 In Ihe accounis. and seeking explanallons Irom you as Irustees con¢ernlng any such mallers. The procedurès undertaken do nol provide 811 tho evSdence thai would be required In an audit and consequeniiy no opinlon Is given as lo ￿ether thè accoLtnls presenl a 'lrua and lalr vle%V and the report Is Ilmiled lo Ihoso mallers sel oul In lh& slaiemenl below. Indop•nd•nt •xamln4rf1 •t•t•monl In connecllon %4Alh my examlnalion. no maller ha5 come lo my alleniion.. 111 Whlch glves me re8son8bl8 cau89 lo belleve th81 In gny malertBI re8pecl Ihe requiremenl8'. lo keep 8ccounllng records In accordanee ￿1h secllon 130 01 Ihe 2011 Acl,, and lo prepare accounts accord ￿1h Ihe accounllng record8 ano compy wilh the accounlln9 requiremen18 ol the 2011 Act have not been mel., or 121 To ￿1¢h. In my oplnlon, allenllon Should be dra￿ In order lo enable a proper underslandlng ol the 8ccounl8 10 be reached. APEX ACCOUNTANTS A¢counlanls 17 KILLINGHALL ROAD 8RADFORD WEST YORKSHIRE BD3 8DN 19 September 2025 JAMIA ISLAMIA RIZWIA EDUCATIONAL CENTRE Income and Expenditure Account for the year ended 31 December 2024 Notes 2024 2023 Income Voluntary funds Other funds 33,278 13,715 Total Inc¢mlng Funds 33.278 13,715 Cost of providing services (33.715) {13.424) Olh6r operaling income -HMRC JRS Grants Net funds before transfer3 (4371 291 Gains and losses on revaluation of fixed assets Net movement In funds 14371 291 Total Funds brought forward 994 703 Total funds carrled forwards 557 994 JAMIA ISLAMIA RIZWIA EDUCATIONAL CENTRE Statement of Assets and Liabilltles as at 31 December 2024 Notes 2024 2023 Flxed assets Tangible assets 350,000 350.000 Current assets Cash at bank and in hand 557 994 Credllorg: amounts fallSng due wlthln one year N•t current assets 557 994 Total as8ets1888 current Ilabllltles 350,557 350,994 Credltors: amounts falllng due after more than one year Net assets 350,557 350,994 The funds of the charlty: Surple8 and Deficite account 557 994 Total funds 350,557 350,994 Mohammad Aslam SIDDIQUI Approved by the trustees on ' I qloq JAMIA ISLAMIA RIZWIA EDUCATIONAL CENTRE Cash Flow Statement for the year ended 31 December 2024 2024 2023 Cash generated from operatlons Operating profit Reconciliation to cash generated from operations: Increase in creditors 1437) (437) Purchase of tangible fixed assets Net Incfeasa In cash Cash at bank and in hand less overdrafts at 1 January Cash at bank and In hand less overdrafts at 31 December {437) 994 994 994 557 Consisting of.. Cash at bank and in hand 557 994 JAMIA ISLAMIA RIZWIA EDUCATIONAL CENTRE Notes to the Accounts for the year ended 31 December 2024 1 Accountlng policies 8asls off preparation The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Enlilies (effective April 2008>. Tumover Turnover represents the value, net of value added lax and discounts, of goods provided lo customers and work carried out in respect of services provided to customers. Depreclatlon Depreciation has been provided ai ihe following rates in order to write off the assets over their estimated useful lives. Plant and machinery Motor vehicles 150/0 Reducing Balance 180/0 Straight line Stocks Stock is valued at the lower of cost and net realisable valu&. Deferred taxatlon Full provision is made for deferred taxation re5ulling from timing difference5 be￿een the recognition of gains and losses in the accounts and their recognition for lax purposes. Deferred taxation is calculated on an un-di8counled basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. Forelgn currencles Transactions in foreign currencies are recorded at the rale ruling al the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated al the rate of exchange ruling at the balance sheet date. All diffefences are taken lo the profit and loss account. Leaslng and hlre purchase commltments Assets held under finance leases and hire purchase conlracls, which are those where subslanlially all the risks and rewards of ownership of the asset have passed to the company, are capilalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is Irealed in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments oulslanding. Rentals paid under operating leases are charged to income on a straight line basis over the lease term. Pensions The company operates a defined contribution pension scheme. Contributions are charged lo the profit and loss account as they become payable in accordance with the rules of the scheme. JAMIA ISLAMIA RIZWIA EDUCATIONAL CENTRE Notes to the Accounts for the year ended 31 December 2024 2 Tanglble flxed assets Plant and machlnery et Land and bulldlngs Total Cost At 1 January 2024 At 31 December 2024 350,000 350,000 350,000 350,000 Depreclatlon At 31 December 2024 Net book value Al 31 December 2024 350,000 350,000 At 310ecember 2023 350,000 350,000 3 Credltors: amounts falllng due wlthln one year 2024 2023 Trade creditors 4 Credltors: amounts falllng due after one year 2024 2023 Other creditors S Fund¥ 2024 At 1 January 2024 Surplus (Deficit) for the year 994 (437) At 31 December 2024 557 JAMIA ISLAMIA RIZWIA EDUCATIONAL CENTRE Detailed income and expenditure account for the year ended 31 December 2024 2024 2023 Voluntary funds 33,278 13,715 Cost of providing services Other operating income -HMRC JRS Grants (33,715) 113,424) Nel funds before transfers (437) 291 xcepiion81118ms Income from investments Interest receivable Interest payaoie Net movem•nt In funds (437) 291 JAMIA ISLAMIA RIZWIA EDUCATIONAL CENTRE Detailed Income and expenditure account for the year ended 31 December 2024 2024 2023 Funds Volunlary funds 33.278 33,278 13,715 13.715 Other operatlng Income -HMRC JRS Grants Administrative expenses Employee costs.. Wages and salaries 25,172 25,172 5,817 5,817 Premises costs.. Rates Light and heat 1,034 3,159 4,193 2,489 765 3,254 General administrative expenses.. Telephone 8nd fax Bank charges Finance cost Insurance Repairs and maintenance 63 249 932 2,825 4,000 1,201 2,843 4,353 Legal and professional costs.. Accountancy fees 350 350 33.715 13,424 10