Charity `Charity` registration `registration` number `number` 1081557 `1081557` (England `(England and` and Wales) `Wales)` `MASJID-E-SAJEDEEN,` MASJID-E-SAJEDEEN, MADDRESAH `MADDRESAH` ISLAMIYAH `ISLAMIYAH` & `& ISLAMIYAH` ISLAMIYAH SCHOOL `SCHOOL` ANNUAL `ANNUAL` REPORT `REPORT` AND `AND` UNAUDITED `UNAUDITED` FINANCIAL `FINANCIAL` STATEMENTS `STATEMENTS FOR` FOR THE `THE` YEAR `YEAR` ENDED `ENDED` 31 `31` AUGUST `AUGUST` 2024 `2024` ## `MASJID-E-SAJEDEEN,` MASJID-E-SAJEDEEN, MADDRESAH `MADDRESAH` ISLAMIYAH `ISLAMIYAH` & `& ISLAMIYAH` ISLAMIYAH SCHOOL `SCHOOL` ## `LEGAL` LEGAL AND `AND` ADMINISTRATIVE `ADMINISTRATIVE` INFORMATION `INFORMATION` |Trustees
Trustees|Trustees
Trustees||MA Sidat
MA
Sidat||| |---|---|---|---|---|---| ||||Y Diwan
Y Diwan||| ||||SA Desai
SA Desai||| ||||Y Khalifa
Y Khalifa||| ||||N Kola
N Kola||| ||||H Mulla
H Mulla||| ||||S Sidat
S Sidat||| ||||IKola
| Kola||| |Charity
Charity|number
(England and Wales)
number(England and Wales)||1081557
1081557||| |Principal
Principal||address
address|Plane Tree Road
Plane Tree Road||| ||||Blackburn
Blackburn||| ||||Lancashire
Lancashire||| ||||BB16PH
BB1 6PH||| |Independent examiner
Independentexaminer|||AMS Accountants
AMSAccountants|Corporate
Corporate|Ltd
Ltd| ||||Chartered
Accountants
Chartered Accountants||| ||||Fer2||| ||||3Fortand Street
3 Sartiand Street||| ||||csoster||| ## `MASJID-E-SAJEDEEN, MADDRESAH ISLAMIYAH & ISLAMIYAH SCHOOL` MASJID-E-SAJEDEEN, MADDRESAH ISLAMIYAH & ISLAMIYAH SCHO OL a ## CONTENTS `CONTENTS` **----- Start of picture text -----**
Page Page
Trustees' report 1-3
Trustees' report 1-3
Statement Statement of of trustees' trustees' responsibilities responsibilities
Independent Independent examiner's examiner's report report 4 4
Statement Statement of of financial financial activities activities 5 5
Balance Balance sheet sheet 6 6
Notes Notes to to the the financial financial staterments staternents 7-14 7-14
**----- End of picture text -----**
## `MASJID-E-SAJEDEEN,` MASJID-E-SAJEDEEN, MADDRESAH `MADDRESAH` ISLAMIYAH `ISLAMIYAH` & `& ISLAMIYAH` ISLAMIYAH SCHOOL `SCHOOL TRUSTEES'` TRUSTEES' `REPORT` REPORT FOR `FOR THE` THE `YEAR` YEAR ENDED `ENDED` 31 `31` AUGUST `AUGUST 2024` 2024 > `The` The `trustees` trustees `present` present their `their annual` annual report `report` and `and financial` financial statements `statements` for `for` the `the` year `year ended` ended 31 `31` August `August` 2024. `2024.` > `The` The financial `financial statements` statements `have` have been `been` prepared `prepared` in `in accordance` accordance with `with` the `the` accounting `accounting` policies `policies` set `set` out `out` in `in` note `note` 1 `1 to` to the `the` > `financial` financial statements `statements and` and `comply` comply with `with the` the `charity's` charity's governing `governing document,` document, `the` the Charities `Charities Act` Act 2011, `2011, FRS` FRS 102 `102 "The` "The Financial `Financial` Reporting `Reporting Standard` Standard `applicable` applicable `in` in the `the` UK `UK` and `and` Republic `Republic` of `of` Ireland" `Ireland"` and `and` the `the` Charities `Charities` SORP `SORP` "Accounting `"Accounting` and `and` Reporting `Reporting` > `by` by Charities: `Charities:` Statement `Statement` of `of Recommended` Recommended Practice `Practice applicable` applicable to `to` charities `charities` preparing `preparing` their `their` accounts `accounts in` in accordance `accordance with` with > `the` the Financial `Finanial Reporting` Reporting `Standard` Standard applicable `applicable` in `in the` the UK `UK and` and `Republic` Republic `of` of Ireland `Ireland` (FRS `(FRS` 102)". `102)".` ## `Objectivesand` Objectives and `activities` activities > `The` The `Charitable` Charitable `Trust` Trust is `is constituted` constituted by `by` Trust `Trust Deed, and` Deed, and its `its objects` objects `are:` are: > `To` To `promote` promote `the` the `benefit` benefit of `of the` the `community` community `in` in Blackburn `Blackburn` (the `(the` area `area` of `of benefit)` benefit) and `and` in `in particular` particular `without` without `prejudice` prejudice to `to` the `the` > `generality` generality `of` of the `the foregoing,` foregoing, `the` the Muslim `Muslim community,` community, by `by associating` associating `together` together the `the` Muslim `Muslim` people `people` and `and` the `the` local `local` authorities `authorities` > `and` and `other` other organisations `organisations` in `in` a `a` common `common effort` effort to `to` relieve `relieve` poverty `poverty and` and sickness, `sickness, to` to `advance` advance `the` the Muslim `Muslim` religion `religion and` and to `to` provide `provide facilities` facilities for `for` prayer `prayer services` services and `and` for `for` recegnition `recognition` and `and` leisure-time `leisure-time occupation` occupation with `with` the `the object` object of `of` improving `improving` the `the` > `conditions` conditions `of` of `life` life `of` of the `the` said `said community.` community. `We` We `review` review `our` our aims, `aims,` objectives `objectives` and `and activitis` activities `ach` each `ysar.` year. This `This review` review `looks` looks `at` at `what` what `was` was achieved `achieved` and `and` the `the` outcomes `outcomes` of `of` > `work` work in `in the` the previous `previous` 12 `12 months.The` months. The `revisy` review tsoks `iooks` ot `sA the` the success `success` of `of each` each key `key` activity `activity` and `and` the `the` benefits `benefits` they `they` have `have bought` bought > `to` to `those` those groups `groups of` of people `people` we `we are` are `set` sei `up` up te `ha.` maiz. `The` The review `review` also `also` helps `helps` us `us` ensure `ensure` our `our` aim, `aim,` objectives `objectives` and `and` activities `activities` remained `remained` focused `focused on` on our `our stated` staied purposes. `purposes. Wa` ¥¥e `ineve` Seve referred `referred` to `to` the `the` guidance `guidance` contained `contained` in `in` the `the` Charity `Charity` Commission's `Commission's` general `general` guidance `guidance on` on public `public benefit` benefit when `when` revicwing `revieving our` our aim `aim` and `and` objectives `objectives` and `and in` in planning `planning` our `our` future `future` activities. `activities.` In `In` particular, `particular,` the `the trustees` trustees consider `consider how` how `plarnned` planned `activities` activities will `will` contribute `contribute` to `to` the `the` aims `aims` and `and` objectives `objectives` they `they` have `have` set. `set.` > `The` The trustees `trustees have` have `paid` paid `due` due `regard` regard to `to` guidance `guidance` issued `issued by` by `the` the `Charity` Charity Commission `Commission` in `in` deciding `deciding` what `what` activities `activities` the `the` charity `charity` > `should` should `undertake.` undertake. `Achievements` Achievements and `and performance` performance In `In` furtherance `furtherance of` of the `the` objects, `objects,` but `but not` not otherwise, `otherwise,` the `the` trustees `trustees` may `may` exercise `exercise` the `the` following `following` powers:- `powers: To` To make `make` provision `provision` for `for` daily `daily` prayers, `prayers,` funerals `funerals` and `and` burial `burial arrangements,` arrangements, marriages `marriages` and `and` other `other` religious `religious` and `and` social `social` ceremonies. `ceremonies. To` To provide `provide for` for Islamic `Islamic Education` Education and `and` language `language` teaching `teaching for` for `the` the Muslim `Muslim` community `community and` and their `their` children. `children.` To `To co-operate` co-operate `in` in a `a strictly` strictly non `non` political `political way` way with `with` welfare `welfare agencies,` agencies, `voluntary` voluntary organisations, `organisations,` local `local` and `and central` central government `government` departments `departments` and `and` other `other agencies` agencies in `in` furtherance `furtherance` of `of` the `the` objects `objects` and `and to` to `exchange` exchange information `information` and `and` advice `advice` with `with` them. `them.` To `To` buy, `buy,` take `take` on `on lease` lease `or` or exchange `exchange any` any `property` property necessary `necessary` for `for` the `the` achievement `achievement` of `of the` the objects `objects` and `and` to `to` maintain, `maintain,` furnish `furnish` for `for` use. `use. Subject` Subject to `to` any `any` consent `consent` requires `requires` by `by law` law `to` to sell, `sell,` lease `lease or` or dispose `dispose` of `of` all `all` or `or` any `any` part `part` of `of` the `the` property `property` of `of` the `the organisation.` organisation. To `To promote` promote co-operation `co-operation` and `and` unity `unity among` among `Muslim` Muslim members `members` in `in` furtherance `furtherance` of `of` the `the` common `common` cause `cause and` and interest `interest` in `in Islam.` Islam. To `To raise` raise funds `funds by` by means `means` of `of` donations, `donations,` gifts, `gifts,` legacies, `legacies,` grant `grant aid` aid from `from` statutory `statutory` authorities `authorities` and `and` other `other` loans `loans` and `and fundraising` fundraising events. `events.` To `To` establish `establish` or `or` support `support` any `any charitable` charitable trusts, `trusts,` associations `associations` or `or` institutions `institutions` formed `formed` for `for` all `all` or `or any` any `of` of the `the` objects. `objects.` > she `-1` > `MASJID-E-SAJEDEEN,` MASJID-E-SAJEDEEN, `MADDRESAH` MADDRESAH `ISLAMIYAH` ISLAMIYAH & `& ISLAMIYAH` ISLAMIYAH `SCHOOL` SCHOOL > `TRUSTEES'` TRUSTEES' `REPORT` REPORT `(CONTINUED)` (CONTINUED) FOR `FOR THE` THE `YEAR` YEAR `ENDED` ENDED `31` 31 AUGUST `AUGUST` 2024 `2024` > `Financial` Financial `review` review > `Total` Total `income` income for `for` the `the period` period remained `remained` as `as £640k` £640k (£640k `(£640k` in `in 2023),` 2023), `of` of `which` which £333k `£333k` (£360k `(£360k` in 2023) `2023) was` was generated `generated` from `from` charitable `charitable` activities `activities` and `and £307k` £307k (£280k `(£280k in` in 2023) `2023)` was `was` derived `derived` from `from` donations `donations` and `and` legacies, `legacies, and` and grants. `grants.` > `The` The `value` value `of` of charitable `charitable` donations `donations only` only `rose` rose by `by` £4k `£4k` in `in` 2023, `2023,` due `due` to `to` increased `increased` living `living costs` costs for `for UK` UK households `households and` and `soaring` soaring bills `bills over` over `the` the `past` past `year.` year. With `With` households `households tightening` tightening their `their outgoings` outgoings and `and` cutting `cutting` back `back on` on discretionary `discretionary` spendings `spendings` in `in` order `order` > `to` to manage `manage` their `their bills,` bills, this `this has` has affected `affected student` student `numbers` numbers and `and donations` donations `to` to charity. `charity.` Costs `Costs remained` remained tightly `tightly managed` managed and `and decreased` decreased `in` in line `line with` with decrease `decrease` in `in` income. `income.` As `As a` a `result` result `of` of decrease `decrease in` in `income and` income and tightly `tightly managing` managing the `the costs` costs on `on charitable` charitable activities, `activities, the` the `trust` trust managed `managed` to `to` restrict `restrict its` its shortfall `shortfall for` for the `the period` period to `to £40k.` £40k. > `Reserves` Reserves `policy` policy > `It` It `is` is `the` the `policy` policy of `of` the `the charity` charity `that` that `unrestricted` unrestricted `tuncis` hincis `which` which `have` have `not` not `been` been designated `designated for` for a `a` specific `specific use` use should `should be` be > `maintained` maintained `at` at `a` a level `level equivalent` equivalent to `to between` between `throa` thre. `and` en¢ `six` six month's `month's expenditure.` expenditure. The `The trustees` trustees consider `consider` that `that` reserves `reserves at` at this `this level` level will `will ensure` ensure `that,` that, `in` in `the` the event `event` of `of a` :: `signiicat` significant `drop` drop `in` in `funding,` funding, `they` they `will` will `be` be `able` able `to` to `continue` continue `the` the charity’s `charity's` current `current activities` activities while `while consideration` consideration `is` is `given` given `io` fo ways `ways in` tt `iich` ii additonal `adaitiona! funds` funds may `may` be `be` raised. `raised. This` This level `level` of `of` reserves `reserves` has `has` been `been` > `maintained` maintained throughout `throughout the` the `year.` year. > `Aside` Aside `from` from `the` the `income` income `generated` generated by `by the` the `charity` charity shop, `shop,` the `ihe` principal `principal funding` funding sources `sources for` for `the` the `charity` charity `are` are `currently` currently by `by way` way of `of` collection `collection boxes,` boxes, appeals `appeals and` and donaticn `donation and` and secnaui `schoui` fees. `fees.` The `The` trustees `trustees actively` actively review `review the` the major `major risk` risk `which` which `the` the `charity` charity `faces` faces `on` on a `a regular` regular basis `basis` and `and` believe `believe` that `that maintaining` maintaining reserves `reserves` at `at the` the current `current` levels, `levels, combined` combined `with` with `an` an `annual` annual `review` review of `of` the `the` controls `controls` over `over key` key financial `financial` systems, `systems,` will `will` provide `provide` sufficient `sufficient` resources `resources in` in the `the event` event of `of adverse` adverse `conditions.` conditions. The `The trustees` trustees have `have also` also examined `examined` the `the` operational `operational` and `and` business `business` risks `risks` faced `faced` by `by` the `the` charity `charity` and `and` confirm `confirm` that `that` they `they` have `have established` established systems `systems` to `to` mitigate `mitigate the` the `significant` significant risks. `risks.` Looking `Looking forward` forward the `the` trust, `trust, like` like `many` many `charities,` charities, `faces` faces challenges `challenges` and `and` uncertainties. `uncertainties.` However, `However,trustees` trustees believe `believe` that `that` during `during 2022/23` 2022/23 `we` we `have` have `continued` continued `to` to build `build strong` strong foundations `foundations which` which `will` will `help` help `us` us to `to` be `be` both `both more` more resilient `resilient and` and `more` more `dynamic` dynamic in `in the` the `future.` future. `Plans` Plans `for` for future `future` periods `periods` The `The charity` charity plans `plans continuing` continuing `the` the `activities` activities `outlined` outlined above `above in` in `the` the `forthcoming` forthcoming years `years for` for the `the benefit` benefit of `of the` the `community` community subject `subject` to `to` satisfactory `satisfactory` funding `funding` arrangements. `arrangements.` Structure, `Structure,` governance `governance and` and management `management` The `The` organisation `organisation` is `is` a `a` charity, `charity,` established `established on` on `11` 11 `October` October 1969 `1969` and `and` registered `registered` as `as` a `a` charity `charity on` on 14 `14` July `July` 2000. `2000. The` The charity `charity` was `was` established `established under a` under a constitution `constitution of` of charity `charity` deed `deed` which `which` established `established the` the `objects` objects and `and powers` powers of `of` the `the` charity `charity` and `and is` is governed `governed under` under `its` its deed. `deed.` The `The trustees` trustees who `who served` served during `during the` the `year` year and `and` up `up` to `to the` the `date` date `of` of signature `signature` of `of the` the `financial` financial statements `statements` were: `were:` MA `MASidat` Sidat `Y` Y `Diwan` Diwan `SA` SA `Desai` Desai `Y` Y `Khalifa` Khalifa N `N Kola` Kola H `H Mulla` Mulla `S` S `Sidat` Sidat | `I` Kola `Kola` oi `-2` ## MASJID-E-SAJEDEEN, `MASJID-E-SAJEDEEN,` MADDRESAH `MADDRESAH` ISLAMIYAH `ISLAMIYAH` & `& ISLAMIYAH` ISLAMIYAH SCHOOL `SCHOOL` TRUSTEES' `TRUSTEES'` REPORT `REPORT` (CONTINUED) `(CONTINUED) FOR` FOR `THE` THE `YEAR` YEAR `ENDED` ENDED 31 `31 AUGUST` AUGUST 2024 `2024` Appointment `Appointment of` of trustees `trustees is` is governed `governed by` by `the` the Trust `Trust Deed` Deed of `of` the `the` charity. `charity.` The `The` board `board` of `of` Trustees `Trustees` is `is` authorised `authorised` to `to` appoint `appoint` new `new trustees` trustees to `to` fill `fill vacancies` vacancies arising `arising` through `through` resignation `resignation` or `or` death `death` of `of an` an existing `existing` trustee. `trustee.` None `None` of `of the` the trustees `trustees` has `has` any `any beneficial` beneficial interest `interest` in `in` the `the company.` company. `All` All of `of` the `the` trustees `trustees` are `are` members `members` of `of` the `the` company `company` and `and` guarantee `guarantee` to `to contribute` contribute `£1` £1 in `in the` the `event` event of `of` a `a` winding `winding` up. `up.` The `The` Charity `Charity` has `has` a `a Management` Management `Committee` Committee of `of up` up `to13` to13 `members` members who `who` meet `meet` regularly `regularly` and `and` are `are` responsible `responsible` for `for` the `the` Strategic `strategic` direction `direction and` and `policy` policy of `of` the `the` charity. `charity.` At `At` present `present the` the committee `committee` has `has` 11 `11` members `members from` from a `a` variety `variety` of `of` backgrounds `backgrounds` relevant `relevant to` to the `the` work `work` of `of` charity. `charity.` The `The Committee` Committee is `is lead` lead by `by the` the chairman `chairman` and `and` the `the` secretary `secretary` also `also` sits `sits` on `on the` the committee. `committee.` Board `Board` of `of Trustees` Trustees continue `continue` to `to provide` provide excellent `excellent services` services working `working` to `to` move `move` the `the` Charity `Charity` forwards. `forwards.` They `They` give `give` their `their` time `time` freely `freely` and `and provide` provide `excellent` excellent advise `advise to` to the `the Charity's` Charity's `management` management team `team` and `and` receive `receive` no `no` remuneration `remuneration` or `or` benefits `benefits` from `from` the `the charity.` charity. The `The` trustees `trustees are` are responsible `responsible for` for preparing `preparing the` the Trustees’ `Trustees'` Report `Report` and `and` the `the` financial `financial statements` statements in `in` accordance `accordance` with `with` applicable `applicable law` law and `and United` United Kingdom `Kingdom Accounting` Accounting Standards `Standards` (United `(United` Kingdom `Kingdom Generally` Generally Accepted `Accepted` Accounting `Accounting` Practice). `Practice).` The `The` law `law` applicable `applicable` to `to` charities `charities` in `in England` England `and` and Wales `Wales` requires `requires the` the trustees `trustees` to `to` prepare `prepare financial` financial statements `statements` for `for` each `each` financial `financial` year `year which` which give `give` a `a true` true and `and fair` fair view `view` of `of` the `the state` state of `of` affairs `affairs` of `of the` the charity `charity` and `and` of `of` the `the incoming` incoming resources `resources` and `and` application `application of` of `resources` resources `of` of the `the charity` charity for `for that` that `year.` year. `In` In `preparing` preparing these `these` financial `financial` statements, `statements, the` the trustees `trustees are` are `required` required to: `to:` - `-select` select `suitable` suitable `accounting` accounting `policies` policies and `and then` then `apply` apply them `them` consistently; `consistently;` - observe `observe` the `the` methods `methods` and `and` principles `principles in` in `the` the `Charities` Charities `SORP:` SORP; - `-` make `make judgementsand` judgements and `estimates` estimates `that` that `are` are reasonable `reasonable and` and prudent; `prudent;` - state `state whether` whether `applicable` applicable accounting `accounting` standards `stendards` have `have` been `been` followed, `followed,` subject `subject` to `to` any `any` material `material` departures `departures` disclosed `disclosed` and `and` explained `explained` in `in` the `the financial` financial `staternents;` staternents:; `and` and - `prepare` prepare the `the` financial `financial statements` statements `on` on `the` the going `going` concern `cancern` basis `basis` unless `unless` it is `is inappropriate` inappropriate to `to` presume `presume` that `that the` the charity `charity` will `wilI` continue `continue` in `in operation.` operation. The `The trustees` trustees `are` are responsible `responsible` for `for kasping` keeping auScient `sicierk` accounting `accounting` records `records` that `that` disclose `disclose` with `with` reasonable `reasonable` accuracy `accuracy` at `at` any `any` time `time` the `the` financial `financial position` position of `of` the `the` charity `chariy and` and snabie `snabie` them `them` to `to` ensure `ensure` that `that` the `the` financial `financial statements` statements comply `comply with` with the `the` Charities `Charities` Act `Act` 2011, `2011,` the `the Charity` Charity (Accounts `(Accounits and` and Reperts) `Reports)` Regulations `Regulations 2008` 2008 and `and` the `the` provisions `provisions` of `of` the `the` trust `trust` deed. `deed.They` They are `are` also `also responsible` responsible `for` for safeguarding `safeguarding the` the `assets` assets of `of` the `the` charity `charity and` and hence `hence for` for taking `taking` reasonable `reasonable` steps `steps` for `for` the `the` prevention `prevention and` and detection `detection of` of fraud `fraud` and `and` other `other` irregularities. `irregularities.` The `The trustees'` trustees’ `report` report `was` was `approved by` approved by the `the` Board `Board of` of Trustees. `Trustees.` `SADesai` S K Desai `Chairman` Chairman `Date:` Date:[IE)] =B'- `-3` > `MASJID-E-SAJEDEEN,` MASJID-E-SAJEDEEN, MADDRESAH `MADDRESAH` ISLAMIYAH `ISLAMIYAH` & `& ISLAMIYAH` ISLAMIYAH SCHOOL `SCHOOL` INDEPENDENT `INDEPENDENT` EXAMINER'S `EXAMINER'S` REPORT `REPORT` TO `TO` THE `THE` TRUSTEES `TRUSTEES` OF `OF MASJID-E-SAJEDEEN,` MASJID-E-SAJEDEEN, MADDRESAH `MADDRESAH ISLAMIYAH` ISLAMIYAH & `&` ISLAMIYAH `ISLAMIYAH SCHOOL` SCHOOL | `Ireport` report `to` to the `the` trustees `trustees` on `on my` my `examination` examination of `of` the `the` financial `financial statements` statements `of` of `Masjid-e-Sajedeen,` Masjid-e-Sajedeen, Maddresah `Maddresah` Islamiyah `lslamiyah &` & Islamiyah `Islamiyah School` School `(the` (the charity) `charity)` for `for the` the year `year` ended `ended` 31 `31` August `August 2024.` 2024. > `Responsibilities` Responsibilities and `and` basis `basis` of `of` report `report` > `As` As the `the trustees` trustees `of` of `the` the charity `charity` you `you` are `are` responsible `responsible` for `for the` the preparation `preparation` of `of` the `the` financial `financial` statements `statements` in `in accordance` accordance `with` with `the` the `requirements` requirements of `of the` the Charities `Charities Act` Act 2011. `2011.` | `I report` report `in` in respect `respect` of `of` my `my` examination `examination` of `of the` the charity's `charity's` financial `financial` statements `statements carried` carried `out` out under `under` section `section` 145 `145` of `of` the `the Charities` Charities `Act` Act `2011.` 2011. In `In` carrying `carrying out` out my `my` examination `examination` | `I` have `have` followed `followed` the `the` Directions `Directions` given `given` by `by the` the Charity `Charity` Commission `Commission` > `under` under section `section 145(5)(b)` 145(5)(b) of `of` the `the Charities` Charities Act `Act` 2011. `2011.` > `Independent` Independent examiner's `examiner'sstatement` statement > `Since` Since `the` the charity's `charity's` gross `gross income exceeded` income exceeded `£250,000,` £250,000, the `the` independent `independent` examiner `examinermust` must be `be` a `a member` member of `of` a `a body` body listed `listed` in `in section` section `145` 145 `of` of the `the` Charities `Charities Act` Act 2011. `2011.` | `I` confirm `confirm` that `that` | `I` am `am` qualified `qualified to` to undertake `undertake` the `the` examination `examination` because `because` | `am` am a `a` member `member of` of `ICAEW,` ICAEW, `which` which is `is one` one of `of the` the `listed` listed `bodies.` bodies. | `Thave` have completed `completed my` my examination. `examination.` | `I confirm` confirm `that` that no `no matters` matters `have` have come `come` to `to my` my attention `attention` in `in` connection `connection` with `with` the `the examination` examination giving `giving` me `me cause` cause to `to` believe `believe that` that in `in any` any material `material respect:` respect: 1 `1 accounting` accounting `records` records `were` were `not` net kept `kept in` in `respect` respect `of` of the `the charity` charity `as` as required `required` by `by` section `section 130` 130 of `of` the `the Charities` Charities `Act` Act `2011.` 2011. 2 `the` the `financial` financial `statements` statements do `do` not `not accord` accord `with` with `those` those records; `records; or` or `3` 3. the `the` financial `financial` statements `staterments` do `do nct` not sormply `comuly` with `with the` the applicable `applicable requirements` requirements concerning `concerning` the `the form` form and `and` content `content` of `of` financial `financial` statements `statements set` set out `out in` i: the `the` Charities `Charities (Accounts` (Accounts and `and` Reports) `Reports)` Regulations `Regulations` 2008 `2008 other` other than `than` any `any` > `requirement` requirement `that` that the `the financial` financial `sistennnis` otiez.ors `ghve` «ive @ `a true` true and `and` fair `fair` view, `view,` which `which` is `is not` not `a` a `matter` matter `considered` considered as `as` part `part` of `of an` an `independent` independent examination `exarninatiorn.` | `I` have `have no` no `concerns` concerns `and` and `have` have `come` come across `acrOSs nO` no other `Other` matters `matters` in `in connection` connection with `with` the `the` examination `examination` to `to` which `which` attention `attention` should `should be` be `drawn` drawn in `in` this `this report` repori in `in order` order to `to enable` enable a `a proper` proper `understanding` understanding of `of` the `the financial` financial statements `statements` to `to` be `be` reached. `reached.` AMS `AMS Accountants` Accountants `Corporate` Corporate `Ltd` Ltd > `Chartered` Chartered Accountants `Accountants Floor` Floor `2` 2 `9` 9 `Portland` Portland `Street` Street `Manchester` Manchester M1 `M1` 3BE `[3BE]` ## Dale `Date:` Soren: `Date:` 4c `-4 -` ## MASJID-E-SAJEDEEN, `MASJID-E-SAJEDEEN, MADDRESAH` MADDRESAH ISLAMIYAH `ISLAMIYAH` & `& ISLAMIYAH` ISLAMIYAH SCHOOL `SCHOOL` ## `STATEMENT` STATEMENT `OF` OF FINANCIAL `FINANCIAL` ACTIVITIES `ACTIVITIES INCLUDING` INCLUDING INCOME `INCOME` AND `AND` EXPENDITURE `EXPENDITURE` ACCOUNT `ACcoUNT` FOR `FOR THE` THE `YEAR` YEAR ENDED `ENDED 31` 31 AUGUST `AUGUST` 2024 `2024` ||||Unrestricted
Unrestricted|Unrestricted
Unrestricted| |---|---|---|---|---| ||||funds
funds|funds
funds| ||||2024
2024|2023
2023| |||Notes
Notes|£|£| |Income from:
Income from:||||| |Donations and legacies
Donations and legacies||2|307,388
307,388|279,517
279,517| |Charitable
activities
Charitable activities||3
3|333,957
333,957|359,818
359,818| |Total
income
Total income|||641,345
641,345|639,335
639,335| |Expenditure on:
Charitable
activities
Expenditure on:
Charitable activities||4
4|682,501
682,501|655,777
655,777| |Totalexpenditure
Total expenditure|||682,501
682,501|655,777
655,777| |Net expenditureand movement
Net expenditureandmovement|in fsneis
infuia||(41,156)
(41,156)|(16,442)
(16,442)| |Reconciliation
of funds:
Reconciliation offunds:||||| |Fund balances
at
1 September 2023
Fund balances at
1 September2023|||701,373
701,373|717,815
717,815| |Fund balances at 31 August 2024
Fund balances at31 August2024|||660,217
660,217|701,373
701,373| The `The` statement `statement` of `of` financial `financial` activities `activities includes` includes all `all` gains `gains` and `and losses` losses `recognised` recognised in `in` the `the` year. `year.` All `All` income `income and` and expenditure `expenditure derive` derive from `from continuing` continuing `activities.` activities. `-5` ## MASJID-E-SAJEDEEN, `MASJID-E-SAJEDEEN,` MADDRESAH `MADDRESAH ISLAMIYAH` ISLAMIYAH & `&` ISLAMIYAH `ISLAMIYAH` SCHOOL `SCHOOL` ## `BALANCE SHEET` BALANCE SHEET AS AT `AS AT 31` 31 AUGUST `AUGUST` 2024 `2024` |||||||2024
2024||2023
2023|| |---|---|---|---|---|---|---|---|---|---| |||||Notes
Notes|£||£|£|£| |Fixed assets
Fixed assets|||||||||| |Tangible
assets
Tangible assets||||8
8|||529,700
529,700||499,453
499,453| |Currentassets
Current assets|||||||||| |Cash atbank and
Cash atbankand|in
in|hand
hand|||74,933
74,933|||206,477
206,477|| |Creditors:
amounts
Creditors: amounts||falling due within
falling due within|||||||| |one year
one year||||9|55,584
55,584|||(4,557)
(4,557)|| |Netcurrent
assets
Net current assets|||||||130,517
130,517||201,920
201,920| |Total
assets less
Total assets less|current
current||liabilities
liabilities||||660,217
660,217||701,373
701,373| |Incomefunds
Income funds|||||||||| |Unrestricted
funds
Unrestricted funds|||||||660.217
660,217||701,373
701,373| ||||||||660,217
660,217||701,373
701,373| The `The` financial `financial` statements `statements` were `were` approved `approved by` by `the` the Trustees `Trustees` ON `on` .......... eee `SA` SA Desai `Desai` Trustee `Trustee` `-6` MASJID-E-SAJEDEEN, `MASJID-E-SAJEDEEN,` MADDRESAH `MADDRESAHISLAMIYAH` ISLAMIYAH `&` & `ISLAMIYAH` ISLAMIYAH SCHOOL `SCHOOL NOTES` NOTES `TO` TO THE `THE FINANCIAL` FINANCIAL STATEMENTS `STATEMENTS` FOR `FOR THE` THE YEAR `YEAR` ENDED `ENDED` 31 `31` AUGUST `AUGUST2024` 2024 1 `1 Accounting` Accounting policies `policies` Charity `Charity` information `information Masjid-e-Sajedeen,` Masjid-e-Sajedeen, Madressa `Madressa` Islamiyah `Islamiyah` & `&` Islamiyah `Islamiyah` School `School` is `is a` a charitable `charitable trust` trust `registered` registered in `in England` England `and` and Wales. `Wales. The` The registered `registered` office `office is` is `Plane` Plane `Tree` Tree `Road,` Road, Blackburn, `Blackburn, Lancashire,` Lancashire, England, `England, BB1` BB1 6PH. `6PH. 1.1` 1.1 `Accounting` Accounting `convention` convention `The` The `financial` financial `statements` statements have `have been` been prepared `prepared` in `in accordance` accordance `with` with `the` the Charity's `Charity's` Trust `Trust` Deed, `Deed,` the `the Charities` Charities `Act` Act `2011` 2011 and `and the` the Statement `Statement of` of Recommended `Recommended` Practice, `Practice, "Accounting` “Accounting `and` and `Reporting` Reporting by `by` Charities", `Charities",` issued `issued` in `in` March `March 2005` 2005 `applicable` applicable `to` to `charities` charities `preparing` preparing their `their` accounts `accounts` in `in accordance` accordance with `with` the `the Financial` Financial Reporting `Reporting Standard` Standard `applicable` applicable `in` in `the` the UK `UK and` and Republic `Republic` of `of` Ireland `Ireland` (FRS `(FRS 102)"` 102)” `(as` (as amended `amended` for `for` accounting `accounting periods` periods commencing `commencing from` from `1` 1 `January` January `2016).` 2016). `The` The `charity` charity `is` is `a` a `Public` Public Benefit `Benefit` Entity `Entity` as `as` defined `defined by` by `FRS` FRS `102.` 102. The `The` charity `charity consitutes` consitutes `a` a `public` public `benefit` benefit entity `entity` as `as defined` defined by `by FRS102.` FRS102. `The` The financial `financial` statements `statements have` have `been` been `prepared` prepared `in` in `accordance` accordance `with` with `Accounting` Accounting and `and` Reporting `Reporting` by `by` Charities `Charities` : Statement `Statement` of `of Recommended` Recommended Practice `Practice` applicable `applicable` to `to` charities `charities` preparing `preparing their` their accounts `accounts in` in accordance `accordance with` with `the` the `Financial` Financial `Reporting` Reporting `Standard` Standard applicable `applicable` in `in the` the `UK` UK and `and Republic` Republic `of` of `Ireiand` Irsiand (FRS102) `(FRS102) issued` issued `on` on 16 `16 July` July 2014 `2014 (as` (as `updated` updated `through` through Update `Update` Bulletin `Bulletin` 1 `1 published` published `on` on `2nd` 2nd `February` Febniary `2016),` 2078), `the` the `Financial` Financial Reporting `Reporting Standard` Standard applicable `applicable` in `in the` the `United` United Kingdom `Kingdom` and `and Republic` Republic `of` of `ireland` ireland `(RS102),` {"@9%302}, the `the` Charities `Charities` Act `Act 2011,` 2011, the `the Companies` Companies Act `Act` 2006 `2006` and `and UK` UK Generally `Generally Accepted` Accepted `Practice.` Practice `The` The `financial` financial statements `statements have` have `departed` “enaries `son` Som `the` the `Charities` Charities (Accounts `(Accounts and` and `Reports)` Reports) `Regulations` Regulations `2008` 2008 `only` only `to` to the `the extent` extent required `required to` to `provide` provide `a` a `true` true `and` anc `fair` fair view. `view.` This `This departure` departure `has` has `involved` involved `following` following the `the Statement` Statement `of` of `Recommended` Recommended `Practice` Practice `for` for `chariies` charities `applying` applying FRS `FRS 102` 102 rather `rather than` than `the` the `version` version of `of the` the Statement `Statement of` of Recommended `Recommended` Practice `Practice` which `which is` is `referred` referred to `to in` in `the` the `Regulations` Regulations but `but` which `which has` has `since` since `been` been `withdrawn.` withdrawn. `The` The financial `financial` statements `statements are` are prepared `prepared on` on a `a going` going concern `concern basis` basis `under` under the `the` historical `historical` cost `cost` convention. `convention. The` The financial `financial` statements `statements are` are prepared `prepared in` in `sterling,` sterling, `which` which `is` is `the` the `functional` functional `currency` currency of `of` the `the` charity. `charity. Monetary amounts` Monetary amounts `in` in `these` these `financial` financial statements `statements` are `are rounded` rounded `to` to the `the` nearest `nearest £.` £. `The` The financial `financial statements` statements `have` have been `been` prepared `prepared under` under the `the` historical `historical` cost `cost` convention. `convention. The` The principal `principal accounting` accounting `policies` policies `adopted` adopted are `are set` set `out` out `below.` below. `1.2` 1.2 Going `Going concern` concern `At` At `the` the time `time` of `of approving` approving the `the` financial `financial statements,` statements, `the` the trustees `trustees` have `have a` a `reasonable` reasonable expectation `expectation that` that `the` the charity `charity` has `has` adequate `adequate resources` resources to `to` continue `continue in` in operational `operational existence` existence `for` for the `the` foreseeable `foreseeable` future. `future. Thus` Thus `the` the `trustees` trustees `continue` continue to `to adopt` adopt the `the` going `going concern` concern basis `basis` of `of accounting` accounting `in` in preparing `preparing` the `the` financial `financial` statements. `statements. 1.3` 1.3. `Charitable` Charitable funds `funds Unrestricted` Unrestricted funds `funds` are `are available` available for `for` use `use` at `at` the `the discretion` discretion `of` of `the` the trustees `trustees` in `in furtherance` furtherance of `of their` their charitable `charitable objectives.` objectives. Designated `Designated funds` funds `comprise` comprise funds `funds` which `which` have `have` been `been` set `set` aside `aside` at `at the` the discretion `discretion` of `of the` the trustees `trustees` for `for specific` specific `purposes.` purposes. `The` The purposes `purposes` and `and` uses `uses of` of `the` the designated `designated funds` funds `are` are `set` set out `out` in `in the` the notes `notes to` to the `the` financial `financial` statements. `statements. Restricted` Restricted funds `funds` are `are subject` subject to `to specific` specific `conditions` conditions by `by` donors `donors` or `or` grantors `grantors` as `as` to `to` how `how` they `they` may `may be` be used. `used. The` The `purposes` purposes and `and uses` uses `of` of the `the restricted` restricted funds `funds are` are set `set out` out `in` in `the` the notes `notes` to `to the` the `financial` financial statements. `statements. Endowment` Endowment funds `funds are` are subject `subject` to `to` specific `specific conditions` conditions by `by donors` donors that `that` the `the` capital `capital` must `must` be `be maintained` maintained `by` by the `the` charity. `charity. 1.4` 1.4 Income `Income Income` Income is `is` recognised `recognised` when `when` the `the` charity `charity is` is legally `legally` entitled `entitled to` to `it` it after `after` any `any` performance `performance` conditions `conditions` have `have` been `been met,` met, the `the amounts` amounts can `can` be `be` measured `measured` reliably, `reliably, and` and it is `is` probable `probable` that `that income` income will `will be` be received. `received.` eT `-7` ## MASJID-E-SAJEDEEN, `MASJID-E-SAJEDEEN,` MADDRESAH `MADDRESAH ISLAMIYAH` ISLAMIYAH & `& ISLAMIYAH` ISLAMIYAH SCHOOL `SCHOL NOTES` NOTES `TO` TO THE `THE` FINANCIAL `FINANCIAL` STATEMENTS `STATEMENTS` (CONTINUED) `(CONTINUED)` FOR `FORTHE` THE YEAR `YEAR` ENDED `ENDED` 31 `31` AUGUST `AUGUST` 2024 `2024` ## 1 `1` Accounting `Accounting` policies `policies` Accounting `Accounting` policies `policies` (Continued) `(Continued)` Cash `Cash` donations `donations are` are recognised `recognised` on `on` receipt. `receipt.` Other `Other` donations `donations` are `are` recognised `recognised` once `once the` the charity `charity` has `has` been `been` notified `notified` of `of the` the donation, `donation,` unless `unless performance` performance conditions `conditions` require `require` deferral `deferral` of `of` the `the` amount. `amount. Income` Income tax `tax` recoverable `recoverable` in `in` relation `relation` to `to donations` donations received `received under` under Gift `Gift` Aid `Aid` or `or` deeds `deeds of` of covenant `covenant is` is recognised `recognised` at `at` the `the time` time of `of` the `the` donation. `donation.` Legacies `Legacies` are `are` recognised `recognised on` on receipt `receipt` or `or` otherwise `otherwise` if the `the` charity `charity` has `has` been `been` notified `notified` of `of` an `an` impending `impending` distribution, `distribution, the` the amount `amount` is `is` known, `known,` and `and` receipt `receipt` is `is expected.` expected. If `If` the `the` amount `amount` is `is` not `not` known, `known,` the `the` legacy `legacy` is `is` treated `treated` as `as` a `a contingent` contingent asset. `asset.` Donated `Donated` services `services and` and facilities `facilities are` are included `included` at `at` the `the` value `value` to `to` the `the` charity `charity` where `where` this `this can` can `be` be quantified. `quantified.` The `The` value `value placed` placed on `on` these `these` resources `resources` is `is` the `the estimated` estimated value `value` to `to the` the charity `charity of` of service `service` or `or` facility `facility` received. `received.` The `The value` value `of` of services `services` provided `provided` by `by volunteers` volunteers has `has` not `not` been `been` included `included` in `in` the `the` accounts. `accounts.` Voluntary `Voluntary` income `income is` is received `received` by `by` way `way of` of grants, `grants,` donations `donations` and `and` gifts `gifts` and `and is` is included `included` in `in` full `full` in `in` the `the` Statement `Statement` of `of` Financial `Financial` Activities `Activities` when `when` receivable. `receivable.` Grants, `Grants,` where `where entitlement` entitlement is `is` not `not` conditional `conditional` on `on` the `the delivery` delivery of `of` a `a` specific `specific` performance `performance by` by `the` the `charity,` charity, `are` are `recognised` resegnised `when` when `the` the charity `charity` becomes `becomes` unconditionally `unconditionally` entitled `entitled` to `to` the `the` grant. `grant. Incoming` Incoming resources `resources` from `from charitable` chariisine trading `rading` activity `sctivity` are `are` accounted `accounted` for `for` when `when earned.` earned. 1.5 `1.5 Expenditure` Expenditure `All` All expenditure `expenditure` is `is` recognised `recognised` end `and` acceunisd `atountsd` for `for` on `on` an `an` accrual `accrual basis` basis as `as` a `a` liability `liability` is `is` incurred. `incurred.` Expenditure `Expenditure` includes `includes` any `any` VAT `VAT which` which `cannot` cannot be `be fuly` fully recovered, `recavered,` and `and is` is reported `reported` as `as` part `part` of `of` the `the` expenditure `expenditure` to `to` which `which` it `it relates:` relates: `Costs` Costs of `of` generating `generating` funds `funds` comprise `comprise` the `the` costs `costs` associated `associated` with `with attracting` attracting voluntary `voluntary` income `income` and `and` the `the` costs `costs` of `of` trading `trading` for `for` fundraising `fundraising purposes` purposes including `including` the `the` charity's `charity's` shop. `shop.` Charitable `Charitable` expenditure `expenditure` comprises `comprises those` those costs `costs` incurred `incurred` by `by` the `the charity` charity in `in` the `the` delivery `delivery` of `of` its `its` activities `activities` and `and services` services `for` for its `its` beneficiaries. `beneficiaries.` It includes `includes` both `both` costs `costs` that `that can` can be `be` allocated `allocated` directly `directly` to `to such` such activities `activities and` and those `those` costs `costs of` of an `an` indirect `indirect nature` nature necessary `necessary` to `to support` support them. `them.` Governance `Governance` costs `costs` include `include those` those costs `costs` associated `associated` with `with` meeting `meeting` the `the` constitutional `constitutional` and `and` statutory `statutory` requirements `requirements of` of the `the charity` charity `and` and include `include the` the `accountancy` accountancy fees `fees` and `and` cost `cost linked` linked to `to` the `the strategic` strategic management `management of` of the `the` charity `charity` All `All costs` costs are `are` allocated `allocated between` between the `the` expenditure `expenditure` categories `categories` of `of` the `the` SoFA `SoFA` on `on` a `a` basis `basis designed` designed to `to` reflect `reflect` the `the` use `use of` of `the` the resource. `resource.` Costs `Costs relating` relating `to` to a `a` particular `particular` activity `activity` are `are` allocated `allocated directly,` directly, others `others` are `are` apportioned `apportioned` on `on` an `an appropriate` appropriate basis `basis` consistent `consistent with` with use `use` of `of` the `the` resources. `resources.` 1.6 `1.6` Tangible `Tangible fixed` fixed assets `assets` Tangible `Tangible` fixed `fixed` assets `assets are` are initially `initially measured` measured at `at` cost `cost` and `and` subsequently `subsequently` measured `measured` at `at` cost `cost` or `or` valuation, `valuation,` net `net` of `of` depreciation `depreciation and` and `any` any impairment `impairment losses.` losses. Depreciation `Depreciation` is `is` recognised `recognised` so `so as` as to `to` write `write` off `off` the `the` cost `cost` or `or valuation` valuation of `of` assets `assets` less `less` their `their` residual `residual` values `values` over `over` their `their` useful `useful` lives `lives on` on the `the` following `following` bases: `bases: Freehold land and buildings not depreciated` Freehold land and buildings not depreciated = `Fixtures` Fixtures `and` and `fittings` fittings `15%` 15% reducing `reducing balarnce` balance <2 The `The` gain `gain` or `or` loss `loss` arising `arising on` on the `the` disposal `disposal of` of an `an` asset `asset` is `is` determined `determined` as `as` the `the` difference `difference` between `between` the `the` sale `sale` proceeds `proceeds` and `and` the `the` carrying `carrying` value `value` of `of` the `the` asset, `asset,` and `and` is `is` recognised `recognised` in `in` the `the` statement `statement` of `of` financial `financial` activities. `activities.` Res Pe, ae `-8` ## MASJID-E-SAJEDEEN, `MASJID-E-SAJEDEEN,` MADDRESAH `MADDRESAH` ISLAMIYAH `ISLAMIYAH` & `& ISLAMIYAH` ISLAMIYAH SCHOOL `SCHOOL` NOTES `NOTES TO` TO THE `THE` FINANCIAL `FINANCIAL` STATEMENTS `STATEMENTS` (CONTINUED) `(CONTINUED) FOR` FOR `THE` THE YEAR `YEAR` ENDED `ENDED` 31 `31` AUGUST `AUGUST` 2024 `2024` 1 `1` Accounting `Accounting policies` policies ## (Continued) `(Continued)` > `1.7` 1.7 Impairment `Impairment of` of fixed `fixed assets` assets At `At` each `each reporting` reporting end `end` date, `date,` the `the` charity `charity` reviews `reviews` the `the carrying` carrying amounts `amounts` of `of` its `its tangible` tangible assets `assets` to `to` determine `determine` > `whether` whether there `there` is `is` any `any` indication `indication` that `that` those `those assets` assets have `have` suffered `suffered` an `an` impairment `impairment` loss. `loss.` If `If` any `any` such `such` indication `indication` > `exists,` exists, the `the` recoverable `recoverable` amount `amount` of `of` the `the` asset `asset` is `is` estimated `estimated` in `in` order `order` to `to` determine `determine` the `the` extent `extent` of `of` the `the` impairment `impairment` > `loss` loss `(if` (if any). `any).` > `1.8` 1.8 Cash `Cash` and `and` cash `cash equivalents` equivalents Cash `Cash and` and cash `cash` equivalents `equivalents` include `include` cash `cash` in `in` hand, `hand,` deposits `deposits` held `held` at `at` call `call` with `with` banks, `banks,` other `other` short-term `short-term` liquid `liquid` investments `investments with` with original `original` maturities `maturities of` of three `three` months `months` or `or` less, `less,` and `and` bank `bank` overdrafts. `overdrafts. Bank` Bank overdrafts `overdrafts` are `are` shown `shown within` within borrowings `borrowings` in `in` current `current liabilities.` liabilities. > `Basic` Basic `financial` financial `assets` assets `Basic` Basic financial `financial assets,` assets, which `which include` include debtors `debtors` and `and` cash `cash` and `and` bank `bank` balances, `balances,` are `are` initially `initially` measured `measured` at `at` transaction `transaction price` price including `including` transaction `transaction costs` costs and `and` are `are` subsequently `subsequently` carried `carried` at `at` amortised `amortised` cost `cost` using `using` the `the` effective `effective` interest `interest` method `method` unless `unless the` the arrangement `arrangement` constitutes `constitutes` a `a` financing `financing` transaction, `transaction,` where `where` the `the` transaction `transaction` is `is` measured `measured` at `at` the `the present` present `value` value of `of` the `the` future `future` receipts `receipts` discounted `discounted` at `at` a `a market` market rate `rate of` of interest. `interest.` Financial `Financial` assets `assets` > `classified` classified as `as receivable` receivable within `within ona` one `year` year `are` are `not` not amortised. `amortised.` Basic `Basic` financial `financial` liabilities `liabilities` Basic `Basic financial` financial liabilities, `liabilities, incisdirg` eiuiing oreeeiors `zaiors` and `and` bank `bank` loans `loans` are `are` initially `initially` recognised `recognised` at `at` transaction `transaction` price `price` unless `unless` the `the` arrangement `arrangement` constitutes `constitutes` © `a` * `iecing` arcing `transaction,` tmansaction, `where` where `the` the debt `debt` instrument `instrument` is `is` measured `measured` at `at` the `the` present `present` > `value` value of `of the` the future `future` payments `payrner:ts` cissnnecl `tiscted ata` at a `market` market rate `rate` of `of` interest. `interest.` Financial `Financial` liabilities `liabilities` classified `classified` as `as` payable `payable` within `within one` one year `year` are `are not` not armonises. `arnoriissa.` Debt `Debt instruments` instruments are `are` subsequently `subsequently carried` carried at `at amortised` amortised cost, `cost,` using `using the` the effective `effective` interest `interest` rate `rate` method. `method.` > `Trade` Trade creditors `creditors` are `are` obligations `obligations` to `to` pay `pay for` for goods `goods` or `or` services `services` that `that have` have `been` been acquired `acquired` in `in` the `the` ordinary `ordinary` course `course` of `of` operations `operations from` from `suppliers.` suppliers. Amounts `Amounts payable` payable are `are` classified `classified` as `as` current `current` liabilities `liabilities` if `if` payment `payment` is `is` due `due` within `within` one `one` year `year or` or less. `less.` If `If` not, `not, they` they `are` are presented `presented as` as non-current `non-current` liabilities. `liabilities.` Trade `Trade` creditors `creditors` are `are` recognised `recognised` initially `initialy` at `at` > `transaction` transaction price `price` and `and` subsequently `subsequently` measured `measured` at `at amortised` amortised cost `cost` using `using` the `the` effective `effective` interest `interest` method. `method.` Derecognition `Derecognitionof` of financial `financial` liabilities `liabilities` Financial `Financial liabilities` liabilities `are` are derecognised `derecognised when` when the `the` charity's `charity's` contractual `contractual` obligations `obligations` expire `expire` or `or` are `are` discharged `discharged` or `or` > `cancelled.` cancelled. 1.9 `1.9` Employee `Employee` benefits `benefits` The `The` cost `cost` of `of` any `any` unused `unused` holiday `holiday` entitlement `entitlement` is `is recognised` recognised `in` in the `the` period `period` in `in` which `which the` the employee’s `employee's` services `services` are `are received.` received. Termination `Termination benefits` benefits `are` are `recognised` recognised immediately `immediately` as `as` an `an expense` expense when `when` the `the` charity `charity` is `is` demonstrably `demonstrably` committed `committed` to `to` terminate `terminate the` the `employment` employment of `of` an `an` employee `employee` or `or` to `to` provide `provide` termination `termination` benefits. `benefits.` `-9` ## MASJID-E-SAJEDEEN, `MASJID-E-SAJEDEEN,` MADDRESAH `MADDRESAH` ISLAMIYAH `ISLAMIYAH` & `&` ISLAMIYAH `ISLAMIYAH` SCHOOL `SCHOOL` ## NOTES `NOTES` TO `To` THE `THE` FINANCIAL `FINANCIAL` STATEMENTS `STATEMENTS` (CONTINUED) `(cONTINUED)` FOR `FOR` THE `THE YEAR` YEAR ENDED `ENDED` 31 `31` AUGUST `AUGUST` 2024 `2024` |2
2|Donations and legacies
Donations and legacies||| |---|---|---|---| |||Unrestricted
Unrestricted|Unrestricted
Unrestricted| |||funds
funds|funds
funds| |||2024
2024|2023
2023| |||£
£|£| ||Government grants
Membership fees
Government grants
Membership fees|10,166
204,859
10,166
204,859|2,106
183,097
2,106
183,097| ||Donated goods and services
Other donations
Donated goods and services
Otherdonations|2,517
89,846
2,517
89,846|7,986
86,328
7,986
86,328| |||307,388
307,388|279,517
279,517| `3` 3 Income `Income` from `from` charitable `charitable` activities `activities` ||Unrestricted
Unrestricted|Unrestricted
Unrestricted| |---|---|---| ||funds
funds|funds
funds| ||2024
2024|2023
2023| ||£|£| |School
fees
School fees|324,362
324,362|341,691
341,691| |Other income
Otherincome|9,595
9,595|18,127
18,127| ||333,957
333,957|359,818
359,818| `- 10` —_ `-` ## MASJID-E-SAJEDEEN, `MASJID-E-SAJEDEEN,` MADDRESAH `MADDRESAH` ISLAMIYAH `ISLAMIYAH` & `& ISLAMIYAH` ISLAMIYAH SCHOOL `SCHOOL` NOTES `NOTES TO` TO THE `THE FINANCIAL` FINANCIAL STATEMENTS `STATEMENTS` (CONTINUED) `(CONTINUED) FOR` FOR THE `THE YEAR` YEAR ENDED `ENDED` 31 `31` AUGUST `AUGUST` 2024 `2024` ## `4` 4 Expenditure `Expenditureon` on charitable `charitable` activities `activities` ||||||||2024
2024|2023
2023| |---|---|---|---|---|---|---|---|---| ||||||||£|£| ||Direct
costs
Direct costs|||||||| ||Staff costs
Staffcosts||||||473,568
473,568|510,938
510,938| ||Depreciation
and impairment
Depreciation and impairment||||||14,152
14,152|11,473
11,473| ||Rates
Rates||||||16,502
16,502|14,296
14,296| ||Insurance
Insurance||||||13.639
13,639|7,671
7,671| ||Light and heat
Light and heat||||||38,861
38,861|38,236
38,236| ||Books,fees and prizes
Books, fees and prizes||||||74.266
74,266|24,341
24,341| ||Printing,
postage
and stationery
Printing, postage and stationery||||||7,799
7,799|6,280
6,280| ||Telephone
Telephone||||||7,323
7,323|4,940
4,940| ||Repairs
and maintenance
Repairs and maintenance||||||14.832
14,832|20,459
20,459| ||Computer running
costs
Computer running costs||||||8,252
8,252|7,114
7,114| ||Cleaning
Cleaning||||||736
736|1,537
1,537| ||Sundry expenses
Sundry expenses||||||12,571
12,571|6,992
6,992| ||Accountancy
Accountancy||||||-|1,500
1,500| ||||||||682,501
682,501|655,777
655,777| ||Analysis
by fund
Analysis byfund|||||||| ||Unrestricted
funds
Unrestricted funds||||||682,501
682,501|655,777
655,777| |5
5|Net movement
in funds
Net movement in funds||||||2024
2024|2023
2023| ||||||||£
cs|£| ||The net movement
in funds
The net movement in funds|is stated
is stated|||after charging/(crediting):
after charging/(crediting):|||| ||Fees payable
for the
independent
Fees payable forthe independent|||examination
examination||of the charity's financial
ofthe charity's financial||| ||statements
statements||||||a|a| ||Depreciation
of owned
tangible
Depreciation ofowned tangible||fixed
fixed||assets
assets||14,152
14,152|11,473
11,473| 6 `6` ‘Trustees `Trustees` None `None` of `of` the `the` trustees `trustees` (or `(or` any `any` persons `persons` connected `connected` with `with` them) `them)` received `received` any `any` remuneration `remuneration` or `or` benefits `benefits` from `from` the `the` a charity `charity` during `during` the `the` year. `year.` > ## 7 `7` Employees `Employees` The `The` average `average` monthly `monthly` number `number` of `of employees` employees during the `during the` year was: `year was:` `2024 2023 Number Number 24 25` `- 11` ## MASJID-E-SAJEDEEN, `MASJID-E-SAJEDEEN, MADDRESAH` MADDRESAH `ISLAMIYAH` ISLAMIYAH & `& ISLAMIYAH` ISLAMIYAH SCHOOL `SCHOOL NOTES` NOTES TO `To` THE `THE` FINANCIAL `FINANCIAL` STATEMENTS `STATEMENTS` (CONTINUED) `(cONTINUED)` FOR `FOR` THE `THE` YEAR `YEAR` ENDED `ENDED` 31 `31` AUGUST `AUGUST` 2024 `2024` |7
7|Employees
Employees||(Continued)
(Continued)| |---|---|---|---| ||Employment
costs
Employment costs|2024
2024|2023
2023| |||£|£| ||Wages and salaries
Wages and salaries|468,438
468,438|510,938
510,938| ||Social
security
costs
Social security costs|4,091
4,091|-| ||Other pension
costs
Other pension costs|1,039
1,039|-| |||473,568
473,568|510,938
510,938| > `There were` There were no `no` employees `employees whose` whose annual `annual` remuneration `remuneration was` was more `more` than `than` £60,000. `£60,000.` |8
8|Tangible
fixed
assets
Tangible fixed assets|||||||| |---|---|---|---|---|---|---|---|---| ||||Freehold
land
Freehold land||Fixtures and
Fixtures and|Total
Total||| ||||and
and|buildings
buildings|fittings
fittings|||| |||||£|£:|£||| ||Cost
Cost|||||||| ||At
1 September 2023
Additions
At 1 September2023
Additions|||434,436
434,436
-|229,672
44,400
229,672
44,400|664,108
44,400
664,108
44,400||| ||At 31 August 2024
At31 August2024|||434,436
434,436|274,072
274,072|708,508
708,508||| ||Depreciation
and impairment
Depreciation and impairment|||||||| ||At
1 September 2023
At 1 September 2023|||-|164,656
164,656|164,656
164,656||| ||Depreciation
charged in
Depreciation charged in|the year
the year||-|14,152
14,152|14,152
14,152||| ||At 31August2024
At 31 August2024|||-|178,808
178,808|178,808
178,808||| ||Carrying amount
Carrying amount|||||||| ||At 31 August 2024
At31 August2024|||434,436
434,436|95,264
95,264|529,700
529,700||| ||At 31 August 2023
At31 August2023|||434,436
434,436|65,017
65,017|499,453
499,453||| ||Creditors:
amounts
falling due within oneyear
Creditors: amounts fallingdue within oneyear|||||||| ||||||2024
2024|2023
2023||| ||Othertaxation and social
security
Othercreditors
Accruals
and deferred
income
Other taxation and social security
Othercreditors
Accrualsand deferredincome||||3,437
(60,522)
1,501
3,437
(60,522)
1,501|3,056
1,501
Bee
3,056
©
am
1)501
52icgae||| ||||||(55,584)|4,557||| `- 12` ## MASJID-E-SAJEDEEN, `MASJID-E-SAJEDEEN,MADDRESAH` MADDRESAH ISLAMIYAH `ISLAMIYAH &` & ISLAMIYAH `ISLAMIYAH SCHOOL` SCHOOL `NOTES` NOTES TO `TO` THE `THE` FINANCIAL `FINANCIAL` STATEMENTS `STATEMENTs` (CONTINUED) `(cONTINUED) FOR` FOR THE `THE` YEAR `YEAR` ENDED `ENDED` 31 `31` AUGUST `AUGUST 2024` 2024 |10
10|Retirement benefit
schemes
Retirement benefit schemes|||||| |---|---|---|---|---|---|---| ||||||2024
2024|2023
2023| ||Defined contribution
schemes
Defined contribution schemes||||£|£| ||Charge to profit or loss
in respect
Charge to profit or loss in respect|of defined
ofdefined|contribution
contribution|schemes
schemes|1,039
1,039|| > `The` The charity `charity` operates `operates` a `a` defined `defined` contribution `contribution` pension `pension` scheme `scheme for` for `all` all qualifying `qualifying` employees. `employees.` The `The assets` assets of `of` the `the` > `scheme` scheme `are` are `held` held separately `separately` from `from` those `those of` of the `the` charity `charity` in `in an` an independently `independently administered` administered fund. `fund.` ## 11 `11 Unrestricted` Unrestricted `funds` funds |The unrestricted
funds of the
charity
comprisethe unexpended balancesof donations and grants which are
not subject
to specific
conditions
by donors and grantors
as to how they maybe used.These include
designated
funds which have been set aside out of
unrestricted
funds by the trustees
for specific
purposes.
The unrestricted funds ofthe charity comprise the unexpended balances ofdonations and grants which are
not subject to specific conditions by donors and grantors as to howthey maybe used. These include
designated fundswhich have been setaside out of unrestricted funds bythe trustees for specific purposes.|The unrestricted
funds of the
charity
comprisethe unexpended balancesof donations and grants which are
not subject
to specific
conditions
by donors and grantors
as to how they maybe used.These include
designated
funds which have been set aside out of
unrestricted
funds by the trustees
for specific
purposes.
The unrestricted funds ofthe charity comprise the unexpended balances ofdonations and grants which are
not subject to specific conditions by donors and grantors as to howthey maybe used. These include
designated fundswhich have been setaside out of unrestricted funds bythe trustees for specific purposes.|The unrestricted
funds of the
charity
comprisethe unexpended balancesof donations and grants which are
not subject
to specific
conditions
by donors and grantors
as to how they maybe used.These include
designated
funds which have been set aside out of
unrestricted
funds by the trustees
for specific
purposes.
The unrestricted funds ofthe charity comprise the unexpended balances ofdonations and grants which are
not subject to specific conditions by donors and grantors as to howthey maybe used. These include
designated fundswhich have been setaside out of unrestricted funds bythe trustees for specific purposes.| |---|---|---| ||At 1
September
2023
At 1
September
2023|Incoming
resources
Resources
At 31August
expended
2024
Incoming
Resources
At 31 August
resources
expended
2024| ||£|£:
£
£| |General funds
General funds|701,373
701,373|641,345
(682,501)
660,217
641,345
(682,501)
660,217| |Previous year:
Previous year:|At 1
September
2022
At1
September
2022|Incoming
resources
Resources
At 31 August
expended
2023
Incoming
Resources At31August
resources
expended
2023| |General funds
General
funds|£
717,815
£
717,815|639,335
(655,777)
701,373
£
£
3
639,335
(655,777)
701,373| ## 12 `12` Analysis `Analysis` of `of` net `net assets` assets between `between funds` funds ||Unrestricted
Unrestricted| |---|---| ||funds
funds| ||2024
2024| |At31 August 2024:
At 31 August 2024:|£| |Tangible
assets
Current
assets/(liabilities)
Tangible assets ae
Current
assets/(liabilities)|529,700
130,517
529,700
130,517| ||660,217
660,217| ## `MASJID-E-SAJEDEEN,` MASJID-E-SAJEDEEN, MADDRESAH `MADDRESAH` ISLAMIYAH `ISLAMIYAH` & `& ISLAMIYAH` ISLAMIYAH `SCHOOL` SCHOOL NOTES `NOTES` TO `TO` THE `THE` FINANCIAL `FINANCIAL` STATEMENTS `STATEMENTS` (CONTINUED) `(CONTINUED)` FOR `FOR` THE `THE` YEAR `YEAR` ENDED `ENDED` 31 `31` AUGUST `AUGUST` 2024 `2024` |12
12|Analysis
of net assets between funds
Analysis ofnet assets between funds|(Continued)
(Continued)| |---|---|---| |||Unrestricted
Unrestricted| |||funds
funds| |||2023
2023| |||£| ||At 31 August 2023:
At 31 August 2023:|| ||Tangible
assets
Tangible assets|499,453
499,453| ||Current
assets/(liabilities)
Current assets/(liabilities)|201,920
201,920| |||701,373
701,373| 13. `13` Related `Related` party `party` transactions `transactions` There `Therewere` were no `no` disclosable `disclosable related` related `pariy` party transactions `iransactions during` during the `the year` year `(2023` (2023 `-` - none). `none).` 14 `14 Taxation` Taxation As `As a` a `charity,` charity, `Masjid-e-Sajsisen,` Masjid-e-Sajsdaen, Marie'rssan `Mairsah` Islamiyah `Islamiyah` & `&` Islamiyah `Islamiyah` School `School` is `is` exempt `exempt from` from `tax` tax on `on` income `income and` and gains `gains faling` falling `within` within section. `secior.` 805 `S05 of` of ta `tia` Taxes `Txes` Act `Act` 1988 `1988 or` or `s256` 8256 of `of` the `the` Taxation `Taxation of` of Chargeable `ChargeableGains` Gains Act `Act` 1992 `1992` to `to the` the extent `extent` that `that` these `these` are `are applied` applied 1a `te s` #s charitable `charitable` objects. `objects. No` No `tax` tax charges `charges` have `have arisen` arisen `in` in the `the` Charity. `Charity.` `- 14 -`