## MARKAZUL ULOOM LONDON FINANCIAL STATEMENTS AND REPORTS FOR THE YEAR ENDED 30TH APRIL 2021 

M. A. ALI & COMPANY 

ACCOUNTANTS & AUDITORS 



## MARKAZUL ULOOM LONDON 

## FINANCIAL STATEMENTS AND REPORTS FOR THE YEAR ENDED 30TH APRIL 2021 

|Contents<br>Charity information<br>Report of the Trustees<br>Independent Examiners’ Report<br>Balance Sheet<br>Notes to the Accounts<br>Income and Expenditure Account|Pages<br>1<br>2<br>3<br>4<br>5<br>6|
|---|---|



REGISTERED CHARITY NUMBER 1061527 (ENGLAND AND WALES) 



1. 

## MARKAZUL ULOOM LONDON CHARITY INFORMATION ACCOUNTS FOR THE YEAR ENDED 30TH APRIL 2021 

|Chairman|: Mr. Ahfaz Miah|
|---|---|
|General Secretary|: Maulana Suyeb Ahmed|
|Treasurer|: Mr. M. Harun Miah|
|Members|: Haji Noor Miah|
||Haji Samru Miah|
|Registered Charity Number|: 1061527|
|Address|: 1 Sandringham Road|
||Dalston|
||London E8 2LR|
|Bankers||
||: HSBC Bank plc|
||312 Seven Sisters Road|
||Finsbury Pard|
||London, N4 2AW|
|Independent Examiners|: M. A. Ali & Company|
||Accountants & Auditor|
||297 Whitechapel Road|
||2nd Floor|
||London E1 1BY|





2. 

## MARKAZUL ULOOM LONDON REPORT OF THE TRUSTEES/MANAGING COMMITTEE FOR THE YEAR ENDED 30TH APRIL 2021 

The Trustees and the Managing Committee present their Report for the year ended 30th April 2021. 

Details of members appear on page 1 of the accompanying report. Management Committee members are elected or appointed on an annual basis. **Background, Object and Organisation** 

Due to the growing demand of the local Muslim Community an Islamic Educational Institution was established and named **Markazul Uloom London** . This establishment was formed with the aim of teaching the local Muslim Community children Islamic values and morals. 

The institution was initially based at Sheikh Nazim Mosque in Shalewell Lane, Dalston, London E8. However, due to increasing demand from Muslim parents for places for their children, it required the institution to move to 1 Sandringham Road, Dalston London E8 2LR on 1st May 1997. 

**Activities** 

Markazul Uloom offers activities and tuition for the Muslim Community with qualified and dedicated Muslim teachers. Activities such as; 

- Evening classes for the teaching of Arabic, Brngali and Urdu languages 

- Lessons for older and mature people in Qur’an and Islamic basics on Saturday and Sunday. 

- Qur’anic and Islamic lessons from 5pm-7pm in the evening. 

- Qur’anic and Islamic lessons for women with proper purdah implied. 

- Facilities for all daily prayers and Friday ‘Jumm’ah’ prayers. 

- In the month of Ramadhan, facilities for the Salatul Taraweeh jammat prayers with several competent Hafiz. 

- Facilities for working Muslim brothers in the community to perform Tarawih after midnight. 

- Weekly Islamic seminars/lectures are held. 

- Hifj section - this area is involved where a person is taught the art of reciting and memorising the Holy Qur’an by heart. 

- Islamic Conferences and Seminars are held three times a year, on special Islamic occasion, where well known Aleems are invited from around world to give lectures and all Muslim people are invited from all areas to attend. 

Maulana Suyeb Ahmed (Secretary) On behalf of the Trustees /Managing Committee 5[th] January 2022 



3. 

## INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES OF MARKAZUL ULOOM LONDON 

We report on the accounts of the Trust for the year ended 30th April 2021 which are set out on pages 5 to 7. 

## **Respective responsibilities of trustees and examiners** 

As the charity’s trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43 (7)(b) of the Act, whether particular matters have come to our attention. 

## **Basis of independent examiners’ report** 

Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts. 

## **Independent examiners’ statement** 

In connection with our examination, no matter has come to our attention: 

- (1) which gives us reasonable cause to believe that in any material respect the requirements 

- to keep accounting records in accordance with section 41 of the Act; and 

- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act. 

have not been met; or 

- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

297 Whitechapel Road                                                   M. A. Ali & Company London E1 1BY                                                             Accountants & Auditors 

- 5[th] January 2022 



4. 

## MARKAZUL ULOOM LONDON BALANCE SHEET AS AT 30TH APRIL 2021 

|Fixed Assets:<br>Freehold premises at cost<br>Improvement to freehold premises<br>Furniture, Fittings & Equipment<br>Addition<br>Less:Depreciation<br>**Current Assets**:<br>Cash in hand and at bank<br>Sundry debtors/prepaid<br>Less: Current Liabilities<br>Sundry creditors and accruals<br>Kard-e-Hasana<br>Net assets<br>Represented by:<br>Accumulated Find Account<br>Balance at 1st May 2020<br>Add:Surplus for the year|Notes<br>3<br>2|£<br>134,619<br>36,511<br>567<br>-<br>567<br>(85)<br>38,634<br>-<br>3,799<br>7,650|£<br>171,130<br>482|
|---|---|---|---|
||||171,612<br>38,634|
||||210,246<br>(11,449)|
||||198,797|
||||192,393<br>6,404<br>198,797|



Signed by: 

……..……………………….  Mr. Ahfaz Miah (Chairman) 

…..………………………….  Maulana Suyeb Ahmed (General Secretary) 

..…………………………….  M. Harun Miah (Treasurer) 

The notes on page 4 form part of these financial statements. 



5. 

## MARKAZUL ULOOM LONDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30TH APRIL 2021 

## 1. Accounting Policies 

## a. Accounting convention 

The accounts have been prepared using the historical cost convention. 

## b. Income 

Income represents voluntary donations received from members of the public. 

## c.   Interest 

Interest received from bank current account. 

## d. Insurance Claim due to damage of Building:- 

Insurance money received and spends for repairs & maintenance accordingly. 

## 2. Creditors: 

|3.|Accruals and creditors<br>Debtors:<br>Sundry debtors and prepaid|£<br>3,799|
|---|---|---|
|||-|





6. 

## MARKAZUL ULOOM LONDON 

## INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30TH APRIL 2021 

|Income<br>Income – voluntary donations<br>Less: Expenditure<br>Wages<br>Rates & Water<br>Accountancy<br>Insurance<br>Lighting and heating<br>Telephone<br>Printing & postage<br>Repair & maintenance<br>Bank charges<br> Depreciation:<br>Furniture, Fittings & Equipment<br>Net surplus for the year|Note<br>1b|£<br>20,023<br>2,173<br>420<br>1,559<br>2,320<br>330<br>350<br>-<br>-<br>85|£<br>35,164<br>28,760|
|---|---|---|---|
||||6,404|



The notes on page 5 from part of these financial statements.