JAMIA DARUS SUNNAH LONDON Charity Registration Number: 1059837 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 REPORTING ACCOUNTANTS.. AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA TEL.. 020 7790 6111 Page l 0112
JAMIA DARUS SUNNAH LONDON FOR THE YEAR ENDED 31 DECEMBER 2024 CONTENTS Pages Inlormalion of financial Slalemenls Report of Ihe Executive Committee SlateTnenl ol responsibilities of the Commillee.. Independent Examine¢s Report Income and Expenditure Accounts Slalemenl of Assets and Liabililies 10 Notes lo the Accounts 77-32. Page 2 of 12
JAMIA DARUS SUNNAH LONDON FOR THE YEAR ENDED 31 DECEM8ER 2024 MANAGEMENT COMMITTEE CHAIR PERSON Mohammed Gulam Kibria GENERAL SECRETARY Hussain Ahmed TREASURER Mohammed Mubarak Ali ADDRESS 98 Wood Grange Road Forest Gale London E7 OEN 8ANKER Barclays Bank INDEPENDENT EXAMINER AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA TEL.. 020 7790 6111 Charit 's Trustees: Mohamtned Gulam Kibria Hussain Ahffled Mohammed Mubarak Ali Muhammed Nazir U Rauaque Page 3of12
JAMIA DARUS SUNNAH LONDON REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 DECEMBER 2024 The Irustees present their report and financial statements for the year ended 31 December 2024. The Trustees have adopted the provisioiis of the Slaleinent of Recoiiii)iended Practice (SORP) AccoLlllting aiid Reporliiig by Cliarilies iSSLied iii 2005 iii preparing Ilie aiiiiLial report aiid fiiiaiicial Slaleinei)Is of Ilie Cliai-ity. Legal St<fjtiis.' Charity." Registeied wilh Ilie Chai'ity Cominission, Charity Numbei": 1059837 Objects, Principal Activities and Org¥inisation of the Charity The Cliarily was establ ished witli aims and objectives as follows= The Cliarily was esiablished lo advance the education of boys and girls and of Ilie public in all aspects of Islam and to ad vaiiee Ilie Islamic religion. The Inain activity Ilas been that of riinniiig scliools for Islaiii ic educaation and this has not clian(Ted since Ilie last repori. Page 4 0112
JAMIA DARUS SUNNAH LONDON REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 DECEMBER 2024 Or{nis&tion. A Management Committee. Ihe members ol which are the Iruslees manages the af12ifS of the charily The Management Committee manages the business of the charity including the paying of all expenses Trustees: Trustees, wlio are all meiiibei's of Ilie execiitive coiiiiniltee, and who served during the year are sel OLIt on page J. Tlie trustees are elecled at the Annual General Meetiiig, for niembership of Ilie Executive Coimm illee and serve until Ilie eiid of tlie next AnnLial Geiieral Meeliiig. wliere they can siaiid for re- election as Inembers of tlie new ExecLilive Coiytmitlee. Trustees responsibilities in reli& tion to the linancial statenients The cotnimitlee or Trustees are required by charity's law lo prepare financial staiemenls for each financial year Yhich give a true and fair view of tlie finaiicial activities of Ilie eharity and of ils financial position at the end of that year. Iii preparing those financial Slalements the Trustees are reqiiiied 10- The Trustees are responsible for preparing the Trustees Annual Report and Ihe Financial Slalemenls in accordance with applicable law and regulations and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounling Practice). The law applicable lo charities in England and Wales require5 the Trustees lo prepare Financial Slalemen15 for each financial year which give a true and fair view ol the slate ol affairs ol the charity and of the incoming resouices and application of resources ol the charity for Ihal period. preparing these Financial Slalemenls. the Trustees are required lo.. Select suitable accounting policies and Ihen apply them consislenlly., Observe the methods and principles in Ihe Charities SORP.. Make judgements and accounting eslimales that are reasonable and prudent., Prepare Ihe Financial Slalements on the going concern basi5 unless il is inappropriate lo presume that the charity will continue in operation The Trustees are responsible for keeping proper accounting records that disclDse with reasonable accuracy ai any lime the financial pos11ion of the charity and enable them lo ensure that Ihe Financial Slalements cornply wtlh Ihe Charitie5 Act 2011. The Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the a55els ol Ihe charity and hence for taking reasonable sleps for the pievenlion anLI delÈclion ol fraud and olher irregularitr.es VOLUNTEERS: The Trustee5 wish lo record their appreciation on behalf ol the Charity and community for the volunteers who assisl in the smooth running of the Charity and are critical in helping lo keeps the running costs down RISK REVIEW= The Trustees have conducted their own ieview of the major risks lo which the Charity is exposed and steps have been initiated lo mioimise the i(Jenlified risks. All functions of Ihe Charily are subjected lo periodic ieview resulting in a process of ongoing improvement. All staff and volunteer5 are Irained and have all the required 51alulory and regulatory dearances required. Page 5 0112
JAMIA DARUS SUNNAH LONDON REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 OECEMBER 2024 SERIOUS INCIDENTS AND EXCEPTIONS: The Trustees are pleased lo note, that there were no incidents which gave rise to the need lor the Trustees lo lodge a Serious Incident Report with the Charity Commission. Furtheimore, there weie no Exceptions fecordèd and which gave rise lo the need for the fruslees lo record on Ihe Charity's Exceptions, Register. RELATED PARTY TRANSACTIONS: During Ihe year the Charity was under the control ol Truslees and Managemenl Commillee members as lisled above. This report. which has been prepared in accordance with the special provisions of Part 15 ol the Companies Act 2006 applicable lo small companies. No members of the managemenl committee received any remuneration during the year. No Iruslee or olher person relale(J lo the charity had any personal interest in any contract or transaction enlered inlo by Ihe charity dvring the year. Reserve Policy It is the policy of the charity that unreslricled funds. which have not been designated for a specific use, should be maintained al a level equivalent lo ils expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a Significant drop in fundin9. They will be able lo continue the charity's cuiienl activities while consideration is given lo ways in which additional lunds may be raised. The Centre will aclively work lo achieve this level 91 reserves. INDEPENDENT EXAMINER According to the provisions of the Charities Acl 2008 and updated 2011. the Committee has agreed that and audit is not rèquired lor this financial yeai. However due lo provisions ol the same act an independent examiner 15 required and AM Accountancy Services appointed as external Accountant or Independenl Examiner. Tr41nsaction and finié ncial position The Slalemenl of Financial Activities shows nel surplus for the year of £15.895 and our accumulated lunds sland al £691.121 in lolal. AM Accountancy Services carried out an independent examinalion of the accounts included in the report. Thi5 report. which has been prepared in accordance wlh the Sialemenl of Recommended Practice ISORPI Accounting and Reportin9 by Charities issued in 2005. Approved by the trustees and si9ned on its behalf by This report was approved by the Execulive Committee on and signed on their behalf. Hussain Ahmed {General Secretaryl Dale". OL< Mohamti)ed Mubarak Ali (Treasurer) Dale: Page6 0112
Accountants, Report To the Trustees or JAMIA DARUS SUNNAH LONDON FOR THE YEAR ENDEO 31 DECEMBER 2024 We report on the accounts lor the year ended 31 December 2024 sel out on pages 8 to 12 which have been prepared under the hislorical cost convenlion and the accounting policies sel out in notè 1 lo the financial s121emenls. Respective Ilesponsibilitics o( Trustees a nd Aecountl< nt5 As described on page 5 the irusiees are responsible for tlie preparation of Ilie Fiiiancial stateinents, and Iliey consider tliat ilie IrLisI is exeinpi fi-orn an aLidil. 11 is our responsibility lo carry OLII procediires desigiied lo eiiable us 10 report OLir opiiiioii to YOLI. Basts of Opinion We conducted our work in accordance with the Sialemenl of Standards for Reporting Accountants, and so our Pfocedures consisted ol comparing the accounts with the accountin9 records kept by Ihe charity, and making stjch limited enquiries of Ihe Iruslees and officers 25 we considered necessary for the purpose of this report. These procedures provide only the assurance expressed in our opinion. Opinion In our opinion.. lal The accounts are in agreement with the accounting records kept by the charity undef the requirements of the Slalemenl of Recommended Praclice - Accounting and Reporting by Charities.. Ib) Having regard only lo. and on the basis of, the information contained in those accouTrls- 111 The accounts have been drawn up in a manner consi51enl with (he accounling requirements specified the Slalemenl of Recommended Praclice - Accounting and Reporting by Charities, and 12} The charity satisfied Ihe conditions lor the exemption Irom an audit of the accounts for the year specified in the Charities Act_ 131 This unaudited Account we have prepared in accordance with the figure, information and explanation we have received from Ihe management ol the current committee. AM ACCOUNTANCY SERV 43 BEN JONSON ROAD LONDON E1 4SA IL&S ES AM ACCOUN'T,INCY.sr.iiiiicr.s 4i BFN JONbL)N IIOAD LONDON k14SA TEL- O?0 7790 6111 FAX= O?0 7790 80ii Dale.. ,[,/,, Page 70112
JAMIA DARUS SUNNAH LONDON INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Unreslricled Reslricled Fund Fund Total Total Receipts JRS Grants Local Council Grants Donations and Contributions Students fees 144,300 22,415 144,300 22,415 168,643 20,330 TOTAL INCOME 166.715 166,715 188,973 Less Payments Wages and NIC Events, Adivilies and projects costs Rent, Rates. Service Charges & Water Cleaning. Mainlainance. Light and Heal Fieelance worker and volunleer expenses Postage. Slalioneries and advertising Accountancy Telephone & Inlernel Legal & professional and Newham Levy Repairs Bank & Credit Card charges Travel & Transports Insurance Depreciation 84,719 7,289 2.515 17.063 18.057 1.754 1.200 613 3,210 4.977 36 84,719 7,289 2.515 17.063 18,057 1.754 1,200 613 3,210 4.977 36 91.261 675 946 11.772 5.700 1,263 1,200 675 5.378 1,023 2.626 1,856 8.358 1.462 7.925 1.462 7.925 TOTAL EXPENSES 150,820 150.820 132,748 NET SURPLUS I{SHORTFALL} 15.895 15.895 56.225 Page 8 0112
JAMIA DARUS SUNNAH LONDON Summary Income and Expenditure Account FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Income Total expenditure Nel Surplus (Deficill lor the linancial year Notes 166,715 150.820 15.895 There were no recognised gains other than those included ir) the Income and Expendilure Account for curre[71 year. Page 90112
JAMIA DARUS SUNNAH LONDON Statement of Assets & Liabilities { Balance Sheet) As at 31 December 2024 2024 NOTE Fixed Assets Fixture, Fillings and Equipments 803.882 803.882 Current Assets Cash al Bank & in Hand Other Debtors 29.568 2,200 31.768 Current Liabilities Amount falling due lo one year Accruals 8.029 NET CURRENT ASSETS I (LIABILITIES) Creditors: Amounls falling due after more Ihan one year TOTALASSETS LESS CURRENT LIABILITIES 23.739 -136.500 691.121 FUNDS.. Brought Forward 675,226 ExcessllDeficitl ol income over expenditure 15,895 Total Funds 691,121 rhe financial statements were approved by the Executive Committee and si9ned on their behalf". Hussain Ahmed IGeneral Secielaryl Dale.. Mohammed Mubarak Ali (Treasurer) Date.. "I, /' Ihe Notes on pages 10 10 12 form part of Ihe financial stalemenls. Page 100112
JAMIA DARUS SUNNAH LONDON FOR THE YEAR ENDED 31 DECEMBER 2024 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES a. Basis ol Accounting Basis of accounting The Financial Sialemenls have been prepared under the hislorical cosl convention, as modified by the revaluation of certain fixed assets 2nd inveslmenls measured al market value. The Financial Statements have been prepared in accordance with the Financial Reporting Standard lor Smaller Entities leffeclive January 20151. and the requirements of Accounling and Reporting by Charilies.. Slalemenl ol Recommended PTaclice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard lor Sfflaller Enlilies (effective January 2015) ISORP 20151. b. Grants Revenue grants are credited lo the Income and Expenditure account on a receivable basis. c. Donations Donation are recorded on a receipt basis. d. Incoming Resources Voluntary income and Oonatior)s are included in incoming resources when they are receivable. except when the donors specity that they musl be used in lulure accounting period5 or donors, conditions have nol been fulfilled. then the income 15 deferred. The incotne from fundraising ventures is shown gross. with the associated costs included in lundraising costs. e. Resources Expended Resources expended are included in the Statement of Financial Activities on accruals basis. inclusive of any VAT that cannot be iecovered. Expenditure that is directly allribulable lo specific activities ha5 been included in these cost categories. Where costs are attributable lo more than one activity, they have been apporlioned across the cost categories on a basis consislenl with the use of those Fesources. f. Going Concern Basis The financial slalemenls have been prepared on the going concern ba515. as in the opinion ol the trustee5. Ihere are no issues arising which would suggest any olher basis as being more appropriale. g. Administration Costs Administration expendilure includes all expenditure nol directly related lo Ihe charilable activity- h. Taxation As a charity. they are exempl Irom tax on income and gains falling within seclion 505 01 the Taxes Act 1988 or s256 of the Taxation of Chargeable Gain5 Act 1992 to the extent that these are applied lo ils chaiilable obj?c15. No lax charges have arisen in the Charity. i. Depreciation: Oepreciation is calculated so as lo wrile off the cost of an asset. less ils eslimaled residual value, over the useful economic life ol Ihal assel as follows". Fixture. Fitting and Equipment". 10 0/0 on Reducing Balance method Page 110112
JAMIA DARUS SUNNAH LONDON FOR THE YEAR ENDED 31 DECEMBER 2024 NOTES TO THE ACCOUNTS 2. FIXED ASSETS COST Building and Consiruclion Improvemenis Al 01 January 2024 Fixtures and fillings Addition Al 31 December 2024 75,217 4,037 79,254 732,553 807.770 4,037 811,807 732.553 DEPRECIATION Charge lor the year @ 10° Al 31 December 2024 7.925 7,925 7.925 7.925 NET BOOK VALUE Al 31 December 2024 71,329 732,553 803,882 Net Surplus of the Financial Year The excess of expendiluie over income is slated after charging. 2024 Accountants. remuneration Depiecialion 1.200 7.925 Creditors and Acruals Olhei Accruals Accounlancy 6.629 1,400 8.029 Creditors Amount falling due after more than one year Interest Free Loan (Karje Hasana} 2024 Balance al 31112123 Additions (furng Ihe year 150,000 150,000 Less Paid during Ihe year 13.500 Balance al 31112124 136,500 Fundslcapilal 2024 Balance al 31 December 2023 675,226 Balance al 1 January 2024 675,226 Excessl Ioeficill of Incoffle over Expenditure Balance at 31 December 2024 15,895 691,121 Page 12 of 12