Docuslgn Envelope ID.. 7C23FAA3-398C435C-BI 03-C3018D885589 Charity Registration Number '. 1072674 MADINA TRUST A CHARITABLE UN-INCORPORATED ASSOCIATION TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Docusign Envelope ID.. 7C23FAA3-398C435C-B103-C3018DB85589 MADINA TRUST LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 Trustees Ali Omer Farooq Hassan Emma Hassan Nadeem Hassan Shahna2 Hassan Imran Murad Farooq Salman Parvez Zahid Al Charlty Number 1072674 Registered Office 13 Wayford Close Longthorpe Peterborough PE3 gNL Independent Examiner Woodbridge Wèterfields Ltd Leicester Business Centre 111 Ross Walk Leicester LE4 SHH
Doeusign Envelope ID.. 7C23FAA3-398C435C-8103-C3018DB85589 MADINA TRUST CONTENTS FOR THE YEAR ENDED 31 MARCH 2025 Trustees, Report Independent Exèminer's Report statement of Financial Actlvities Balance Sheet Notes to the Financial Statements
Docusign Envelope ID.. 7C23FAA3-398C435C-8103-C3018DB85589 MADINA TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial statements for the year ended 31 March 2025. Trustees. report and financial statements The trustees who ère also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of AccountSng and Reportlng by Charitles.. Statement of Recommended Practice applicable to charlties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191. Madina Trust Report of the Trustees for the Year Ended 31 March 2025 The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustee5 have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice ISORPI applicable to charities preparing their accountg in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effective I lanuèry 20151. OBJECTIVES AND ACTIVITIES Objectives and Public Benefits The objectives of Madina Trust are the advancement of the Islamic faith and the dissemSnation of the teaching5 of Islam. The activities of the trust are, among others, to raise funds privately, invest these funds in halal investments and use the investment income to achieve the objectives. ACHIEVEMENT AND PERFORMANCE Charitable activlties The charity contlnued advance Islamic education. support to further the education of poor students, alleviate poverty and support charitable institutlons with similar objects. The disbursements of funds èmounted to £78,000 1£4,515 20241. This was considerably more than 2024 and the trust is now back on its growth trajectory which is hoped to be maintained for each successive coming years. FINANCIAL REVIEW Financial posltlon Total income for the year amounted to £120,363 (£135,867 - 20241, while total expendlture for the year amounted to £86,930 (£6,051 -20241. Overall net surplus was £33,433 (£129,816 - 20241. The significant decrease from the previous year is due to tkie decrease in administrative difficulties in processirlg the applications. Total funds carried forward was £2,127,042 1£2,093.609 - 20241 of which all were unrestrlcted. Investment The charity continues to look for a sultable Investment to invest its cash assets bullt by keeping 20% of the annual income for further investment. Reserves policy The trustees consider that the endowment funds held are sufficient to continue the charities activity in future years. The trustees actlvely review the malor risks which the charity faces on è regular basis and have also examined other operational and business risks faced by the charity. The trustees confirm that they have established systems to mitigate the significant risks. Going Concern PAnp. 1 nf 1?
Docusign Envelope ID.. 7C23FAA3-398C435C-B103-C3018D885589 As the charity has kept its properties occupied over the lèst 12 months and has continued to build on its reserves whilst still provlding grants in line wSth the charity objectlves, we see no reason that the charity will not continue to be a going concern over the next 12 months. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trLJSt. and constitutes an unincorporated charity. Organis?tional structure The charity trustees are responsible for the general control and management of the charity. The trustees give their tlme feely and receive no remuneration or other financial benefits. The trustees meet as a body when and as required and are responsible for all decisions taken in relation to running the activities provided by the charity. The charity is currently in process of appointing more trustees in view to expand and be more proactive. Induction and tralning of new trustees Followlng appointment, new trustees will be introduced to their new role and are requested to familiarise themselves with contents of the trusts constitution and to the policie5 and procedures adopted by the charity. They are also requested to reèd a few publications from the Charity Commission to ensure that they are aware of the scope of their responsibilities under the Charitie5 Act. The new trustees will work collectively with existing trustees assisting on activities and projects run by the charity, to attain maximum benefits for the charity. Public benefit The trustees have recognised the guidance in the Charity Commission's general guidance on public benefit when reviewing the aims and objective5 of the charity and when planning activities. The difference the charity makes for the public benefit is the furtherance of education to poor students and elevating poverty. Rlsk The trustee5 have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to those risks. Appropriate controls are in place to mitigate financial risks overseen by trustees. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1072674 Princlpal address 13 Wayford Close Longthorpe Peterborough Cambrideshire PE3 9NL UK Trustee5 Imran Hassanlchairmanl Omar Farooq Ali Emma Hassan Nadeem Hassan Shahnaz Hassan Farooq Salman Murad Dr. Zèhid Ali Parvez Pxcyp. ? nf 1?
Docuslgn Envelope ID.. 7C23FAA3-398C435C-B103-C3018DB85589 Independent examiner Woodbridge Waterfields Ltd International Accountants Leicester Business Centre 111 Ross Walk Leicester LEI 4HH Approved by order of the board of trustees on 30th November 2025 Imran Hassan - Trustee Trustees The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were.. All Omer Farooq IAppointed On.. 02109120241 Hassan Emma (Appointed On.. 02109120241 Hassan Nadeem (Appointed On: 22108120171 Hassan Shahnaz (Appointed On.. 18107120141 Hassan Imran Murad Farooq Salman Parvez Zahid Ali Trustees, responsibilitles statement The trustees. who are also the directors of Charity For Madina Trust for the purpose of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare financial statements for each financSal year which give a trLJe and fair view of the state of affairs of the charity arld of the incorlling resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements. the trustees are required to.. select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP,. make judgements and estimates that are reasonable and prudent,. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements,. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operatlon. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and erlable them to ensure that the financial statements comply wlth the Companies Act 2006. 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 other irregularities. This report was approved by the trustees and signed on its behalf by.. Slgned by.. Hassan Imran Chalrman Date .' 30 November 2025 PAnp.gnf 1?
MADINA TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent Examiner's Report to the Trustees of Madina Trust I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which consists of the statement of financial activities,balance sheet and the related notes Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act'l I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under sectlon 1451511bl of the Act. Independent Examiner's Statement The charity's gross income exceeded £250.000 and l am qualified to undertake the examination by being a qualified member of AIA I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that In. any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connectlon with the examination to whlch attentlon should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Name.. Tarlq Ally for and on behalf of Woodbridge Waterfields Ltd Date.. 30 November 2025 Panp.4nf1?
Docusign Envelope ID.. 7C23FAA3-398C435C-B103-C3018DB85589 MADINA TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Recommended categorles by activity Unrestricted funds Total Funds 2025 Total Funds 2024 Notes Income and endowments from: Donations and legacies 3,455 3,455 2.801 Investments 116,908 116,908 133.066 Total 120,363 120,363 135,867 Expenditure on: Raising funds 6,792 6,792 4,101 Charitable activities 80,138 80.138 1,650 Other 300 Total 86,930 86,930 6,051 Net income 33,433 33,433 129,816 Net movement in funds 33,433 33,433 129.816 Reconciliation of funds: Total funds brought forward 129,815 129,815 Total funds carried forward 163,248 163,248 129.816 PAnp.4nf1?
Docusign Envelope ID= 7C23FAA3-398C435C-BI 03-C3018DB85589 MADINA TRUST BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2025 Recommended categories by activity Fixed assets Notes Unrestricted fund5 Total Funds 2025 Total Funds 2024 Investments 1,625,500 1,625,500 1,652,500 Total fixed assets 1,625,500 1,625,500 1,652,500 Current assets Debtors 46,659 46,659 966 Cash at bank and in hand io 486,926 486,926 452,350 Total current assets 533,585 533,585 453,316 Creditors.. amounts falling due within one year Net current assetsl{liabilities) Total net assets li 32,043 32.043 12,207 501,542 501,542 441,109 2,127,042 2,127.042 2,093,609 Funds of the Charlty Unrestricted funds 12 163,248 163,248 129,815 Restiicted funds 12 Endowment funds 12 Total funds 163.248 163,248 129,815 For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companles. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with sectSon 476. The trustees acknowledge their responslbS1ities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companles regime. &1'114y.cial statements were approved by the trustees on 30 November 2025 and signed on its behalf by.. Chairman Date .' 30 November 2025 PAnp.finf1?
Docusign Envelope ID.. 7C23FAA3-398C435C-B103-C3018DB85589 MADINA TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 l. Accounting Policies The princSpal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows. 1.1 Basis of preparation These account5 have been prepared under the historical cost convention. as modified by the inclusion of charitable properties and ftxed asset investments arld investment properties at valuation. These accounts have been prepared in accordance with "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective l January 2019) - (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in tho UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. These accounts are presented in pound5 Sterling and rounded to the nearest pound. 1.2 Going concern The Trustees have prepared ftnancial projections, taking into consideration the current economic conditlons and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concem basis of accounting In preparing the accounts. 2. Income from Donations and Legacies Analysis Unrestrltted funds Total funds 2025 Total funds 2024 Donation and gifts other 12,8651 3,455 3,455 5,666 Total 3,455 3.455 2,801 3. Income from Investments Analysls Unrestricted funds Total funds 2025 Total funds 2024 Interest Income 8,569 108,339 8,569 Rental and leasing income 108,339 133,066 Total 116,908 116,908 133.066 4. Expenditure on Raising Funds Analysis Unrestricted funds Total funds 2025 Total funds 2024 Investment management costs Total 6,792 6,792 4,101 6,792 6,792 4,101 Support Costs 6,792 6,792 4,101 PAnp. 7 nf 1?
Docusign Envelope ID.. 7C23FAA3-398C435C-B103-C3018D885589 5. Expenditure on Charitable Activities Analysis Unrestricted funds Total funds 2025 Total funds 2024 Charity management & administration 1,350 1,350 Charity running cost Cost of service5 188 188 1,050 Donations 78.000 78,000 Total 79,538 600 79,538 600 1.050 600 Support Costs 80,138 80,138 1,650 Donations totalling £78,000 were donated to the following donees during the financial year ended 31st March 2025. mount 2,000 10,000 10,000 12,000 5,000 2,000 10,000 15,000 £1 18 April 2024 19 April 2024 23 April 2024 24 April 2024 03July 2024 21 August 2024 10 March 2025 10 March 2025 Kube Publishing Ltd The Islamic Foundation Kenya Blue Ink Trust India Zakat Foundatlon InstitLtte of Policy Studies Pakistan World of islam Trust, Islamabad Blue Ink Trust The Islamic Foundation Kenya The Markfield Institute of Higher EducatSon 28 March 2025 12,000 6. Support Costs Total funds 2025 Total funds 2024 Analysls Support Costs Governance Costs IndependÈnt examiners fees 600 600 600 600 7. Other Expenditure Analysis Total funds 2024 other Expenditure 300 Total 300 8. Investments Investment Properties Carryinglfair) value at beginning of period 1.625.500 Carryinglfairl value at end of year 1,625,500 P2np.Rnf1?
Docusign Envelope ID.. 7C23FAA3-398C435C-B103-C3018D885589 9. Debtors: Amounts falling due within one year Total funds 2025 Total funds 2024 Prepayments & accrued income Trade debtors other debtors 1,631 21.089 23,939 46,659 966 Total 966 PAnp.qnfl?
Docusign Envelope ID.. 7C23FAA3-398C435C-B103-C3018DB85589 10. Cash at bank and in hand Total funds 2025 Total funds 2024 Lloyds Bank Other savings Cash at bank and in hand 126,596 360,330 97,795 60,000 294,555 Total 486,926 452,350 11. Creditors: Amounts falling due within one year Total funds 2025 Total funds 2024 Trade creditors VAT control Accruals and deferred income Other creditors 2,800 24,498 4,745 11,099 1,000 108 Total 32,043 12,207 Panp. ln nf 1?
Docusign Envelope ID.. 7C23FAA3-398G435C-B103-C3018DB85589 12. Charity funds 12.1 Details of material f unds held and movements during the CURRENT reporting period Fund Fund balances balances brought carried forward forward Galns and losses Income Expenditure Transfers Fund names Unrestrlcted funds 2,093,609 129,815 120,363 86,930 2,127,043 129,815 General Fund 12.2 Details of material funds held and movements during the PREVIOUS reporting period Fund balances brought forward Fund balances carried forward Income Expenditure Transfers Gains and losses Fund name5 Unrestricted funds General Fund 138,600 8,785 129,815 12.3 Designated funds This year Planned use Purpose of the designation None Amount None Last year Planned use Purpose of the designatlon None Amount None P2(TP. 11 nf 1?
Docusign Envelope ID: 7C23FAA3-398C435C-B103-C3018DB85589 13. Average Number of Employees This year Last year Total PAnp. l? nf 1?