REGISTERED CHARITY NUMBER: 1085204 Tru5tees' Report UnUdItcd Financial Statements for lhe Yt8r Ended 31 August 21123 For T&whld Edu¢atlonal Trust
Tawlild Educatlonal Trust Contents of the Financial Stattments for ihe Year Ended 31 August 2023 Plge Trnst¢¢s' R¢poTt 103 St&t¢ment of Triistees Responsibilitie5 Independent ExamiE)er& Report Sialement of Flnancial AGtivitie5 B&lon¢¢ Sheet Noi¢s to the Financial Slalements 81010 Detailed Statement of Financial Activities
T#whld EdueatlonAI Trust Tru$t¢e$' Report for the Yefyr Ended 31 August 2023 The trustees present their r¢port with the fin2n¢ial stal¢met)ts of the chRTjty for the y¢)r ended 31 August 2023. The tyusie¢s have adopted the PTovisions of Ac¢ouiilillg and Reporting by Charilie5.' Stsi¢m¢nl of Recommcnded PractLCe applicable lo charili¢s piep3rittg their accoutils ui accordat)ce with the Fin3n¢ial Reportittg Standard applkcablc in th¢ UK and Rq)ublic of Iieland (FRS 1021 (effective l January 2015). Thc Tawhid Educational Board I'Th¢ Shura.) prents theiirepori and iinaudited financial statement5 for Ihr y¢ar ended 31 Aubyusi 2023. ORIF.cfIvES AND ACTIVITIES Obl¢¢tives and aims The objects of the Trust aTe 10 advan¢e the Academic a5 well a5 Islamic Ediiration in aceordane¢ wilh the Holy Quran and Ahadiih witliiEJ th¢ boiinds of Ahle-sunnali Wal Jamaat P&g¢ I
Thivhid Edueatloffi&l Tr$1 Trnstee5' Report for thè Year Ended 31 August 21123 OWECTIVES AND ACTIVITIFS R¢vieTrv of ctlvlttes and financial p051tion The TTu$I's income &rises from fcc5 and donations. The MartAgem¢nt is responsible for the day-to-day management of the rinan¢ial and Optional matter&at]d Eneets. llOTmolly on amooilily basis lo discuss and review the affRirs of the school attd io develop plans. This review COVCT5 tlie Iwenlieth year ofihe school. We currcnily havc 119 pupi15 on roll. ALad¢mically, th¢ S¢hool has continued lo consolidalc on it5 achi¢vements prioriii$itig curriculum and personal d¢v¢li)PLn¢llt as 11$ main 06j¢clive. Tlie school seeks to provÈdc a holistic education 2nd ha5 Contitiued to d¢velop new itliliatives throughout th¢ year lo exteJ)d the spiritual. iiitelleclual and physical d¢velopmcnt of pupils. D¢spit¢ lh¢ challenges ptrsed in previoiis two ye?r5 du¢ to COVID, the school ut)derwent a routine Oted in5pe¢iion in July 2022. Overall, the 001 was rated Good with all independeni School SIAndards being met IISS). "P•rent$ and carers #ppreciate the 5UPPilrt tht leAders provlde. During the pandernic the proprietor body 5UPPOrtg and ¢hallenges school leaders Jvell. Tru$tee$ work wlth $¢hool leaders to ensure that the Tndependent school $tAndArds kre met. Th¢ s¢hool eomplie5 wilh sehedule 10 of the EquAlity Aet 2010. The sltels well malntained. leaders make the most of the 5paee 4v%ilable" IOFSTED July 2022) The school ha5 workcd ¢ndl¢ssly lo conlityiie lo maitttain the l.T infraslTllCtur¢, school network. ccrv and lelecommutiication. There is an excellent provision in place. which allow5 US to provid¢ lip tu dale fgL¢iliri¢s 8nd ¢onlribule lo raisinK the slandaTds ID teacliing and learning a¢ross the school. A new budget lias been approved by the school managemelll to reiiew the ICT room with n¢w CQTnPUters, lo provide a class sel of (ablet5 piipils can iise irt classrooms lo carryout online work in Icssons. Th¢ xhool continued to complete the work on th¢ Qualtty in Careers GLEidance Accred2talion WOBT#tnme ihat will benchmark the s¢hools provision with tLatLOn311y 5¢1 cril¢iJa. As parl of our Car¢er provision, we provid¢d Virtual STEM Workshops. Year I I virtual open day vi51ts with ¢olleagues 2nd sixth forms, PTovidcd acccss lo a range of websites for exploring carecrs and many more initiative5. Unfortunately, our work experiencc placeillent PTtsgr)mme could not go ahead due to COVID r¢5ttiction¥. The programEne was due 10 be delivered in June 2021 for 2 w¢¢ks io year 10 pupils. However. pupils were abl¢ lo tak¢ part in virtUAI work ¢Kp¢ri¢n¢¢ onlille with some pupi15 acce5sill a day at work shadowing. 'Leader5 foster 8 Strong $¢nse of¢ommunity* they are determlned to $upyort pupll$ to develop IRto eonfident youaig people Ivho haye tpathY for others. Leaders ensure that pupi15 ¥r¢ prepxr¢d iv¢ll for life in modern Britain. They aim to help pupil$ to value grtd respect others. Pupils hav¢ th¢ opportnIty to learn about dilferent faiths. They also work wlth pupS1s from other local scliools on fundraisiThg 4¢tiYltles. Staft enri¢lies the curriculum through a varlety ol ¢du¢atlon&l trip$ and vlslts" {OFSTED July 2022) The school achieved the Gold Award for STAR Accreditatiim for pfoTnoting sustainable means of travel. A new initiative. Thc Yoiith Travel AmbassadoTS A¢¢redithtiot) Award was Èjitroduced to ytdl 7-9 pupils. A team of pupils completed their ALcrediiaiio aThd We presented the aw&rd in Ili¢ slimmer tettn. Tht school was su¢¢essful iji organising a Bik¢ maintenance progFamFn¢ thal laughl pupils 10 carry otjl check5 on their bthe5 as well 35 mak¢ certain rcpairs. Poiir cycling r¢55dential to Norfolk was th¢ highlight of th¢ year for oiir year 9 piipils who compl¢ted a 25km tra¢k. The UterlYing financial VL?bility of lh¢ proje¢l remains slrong. which has been dernon5tTat¢d tlir4)ugh operational expenditure beillg met by fee 1COM¢ aEJd dDnatiot]s. Onee again, the operational side of the %hool is relatively healthy and can fund its ongoitig STRuCruR COVERNANCE AND MANAGEMENT Governing doeufft¢nt The chaTily is eorttrolled by its goveming docum¢nt. a deed of trvst, aÈ)d constLtutes an unineorpor4ted chari¢y. Tawhid Ediicalional Tn2st {"The Trust") was established by a tnist deed dated July 2000. The Trust exists as a r¢gist¢r¢d ¢harity {number 1085204). P?g¢ 2
Tawhid Educational Trust Truslees. Report for the Y¢Ar EDded 31 August 2023 STRUCTURE. GOVERNANCE AND MANAGEMENT Chority con5tltutlon The Tawhid Sch(poI was ¢Stablished by trust deed dalcd July 2000, and is registered urtder in the United Kingdom As charity, number 1085204. Princip¥l oificer5 Chaim)an Hon Secrethry Hott Treasurer Abdul Ghani Alibhai - Yunus Kap2dia Ilya$ Lunat REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Ch#rlty number 1085204 Principal #ddres I I l Osbaldeslon Road Sioke N¢wiL8ton London N166NP Trustees Abdul Ghani Alibhai Ilyas Hafe5jl Yahya Hafesji Ra5hid Ahmed Dana Nisar Ahmed Shari Mehmood Mapara Yunus Kapadi# Independeiil examiner KALA ATKINSON Chartered Certified Accountants & Statutory Auditors 43 Uplon Lane Forest Gst¢ London E7 9PA Approved by order of the board of 1Thtees on 13 January 2023 and signed on its behalf by: Trllstee P28e 3
THwhld Edueatlonal Trust St#tem¢nt of Tru$tee$ Re$ponslbiiiileB foT Éh¢ Year Ended 31 AUg5t 2023 The trustees are responsil)le for pr¢paring IheTrustees' Report and the financial statements in accordance with applicable law 8nd Uni(ed Kinudom Accounting Standards {United Kingdom Generdlly Aecepled Accounting Practice). The lawapplicableto charitie5 in Englarld and WHl¢s. the ChaTitie5 Act2011. Charity (Accounts and RepoilS} Regiil81ions 2008 and the provisions of Ihetnist deed requires the trusl¢e5 to prq>ar¢ financial 51atement5 for¢ach financial year which give a true and fair view of the 5tal¢ of affaits of the ¢hatily aThd of the in¢otlling resources and application of resourc, includit)g the incoTn¢ and expenditurG of th¢ Gharity foi that prriod. In pr¢paTing tIK)se fitsan¢ial $laiem¢nl$, th¢ trnstees are requira lo sele¢t suitable accounting policies and then apply tliem consi5tenily.' observe the meih(xls and priJicipl¢s in the Charity SORP: Jiiake judgements and estimate5 that are reasonable and prudent.. prepare Ihc financial statetncnts on the going concern basis unle55 It l5 inappropriate to pre$urn¢ tILat th¢ charity will continue rn bu5ine55. The Irusl¢¢s are T¢sponsibl¢ for keepin8 pn)p¢r accounting records whtch disclose with reasonable accuracy at any lime the financial position of the GhaTity and lo ¢nabl¢ th¢m to ensur¢ tlial th¢ financial slatemenls comply with the Charities Act 2011, the Cholity {A¢¢ounts and R¢portsl R¢gulation$ 21108 and the provisions of the tnisl deed. They are a]so Tesponsible foTsafeguardingthe assetsofthe charity and hence fortakuig reasonable steps fortheprevenlioll atid detection o(fraud and other irre8ularilies. Pa8¢ 4
Independent Examiner's Report to tbe Trllste of T4whld Educational Trust Ind¢pendent examiner'5 rcport to the tru8t¢e$ of Tfiwhid Edu¢ationAI Trust I r¢px>rt to the charity tnL5tee5 on my ¢x8mination of thc accounts ofthe TAwhid Edu¢atlODalTrust (the Tru51) for th¢ year ended 31 August 2023. Re5pDnsibilitie5 ba$1$ ofreport As the charity tru51e¢s of the Trusl you are rc5ponsible for the prepar8tion of the accounts in gccordan¢e with the rquirements of the ChaTltie$ Act 2011 (Ihe Aci'l. I report in T¢speci ofmy exaii)inalion of the TTU51'5 3¢¢outtl$ carried oul under section 145 of tlie Act and in carrying out Tny ¢xaminalion I liave followd all 3ppli¢abl¢ Dir¢ction5 givell by the Chai'ily Commission linder scction 145{5llbl or th¢ A¢t. Independent ex#Ndner'$ st#tement Since YOUT charity's gross in¢vme exeecded £250,IKK> your eKamin¢r inu$l bc a member of a listed body. l can confjrm that l am qualified lo undetthk¢ th¢ examination bccau5e l Hm a regist¢r¢d m¢Jnb¢r of ACCA which is on¢ of ihe listed bodics I have compl¢ted my examination. I confitm that no material matters have COTne to my attention in connection th the examination giving me cause to believc that in iny mat¢rial respect.. a¢counting records weT¢ not kept in r¢speet of the Trust as required by $¢clion 130 of the Act,. or Ihe accounts do not a¢¢ord wilh those records. or the accoun15 do not COTDply with the applicable requireTnents ¢tsn¢ernitt8 the form and contellt of accounts set out in the ChaTilses {A¢¢oiints and Reports) Re¥ulAtions 2008 other thall any requirement thai the a¢counts give a true and fair view wlii¢h is not a Jnatter considered as pari of indepetxient exaTninatLOt>. I confum that theo are no other matters lo which your attention should be drawn to enable a proper und¢rstanding of the accoiiiils lo bc reaclied. Salim ACC INSON Ch#rter¢d Certified Acco11¥¢S & Stalulory Aiiditors 43 Uplon Lane Fore81 GRte Lo10 E7 9PA Dat¢.. Pag¢ 5
T4whld Educatlonal Trust Statement ol FingnclAI Aclivfftties for (he Year Ended 31 August 2023 31.8.23 31.8.22 Unrestrietcd Unrestrieled futhd nd5 Notes INCOME AND ENDOWMENTS FROM Dtsn#iioDs and legacie5 492.458 474,931 Total 492,458 474,931 EXPEIYDITURE ON Raising futLd5 499.662 465.125 Other 1.308 1.187 Total 500.970 466,312 Nrf INCOMEI(InSS) {8,512) 8,619 RECONCILIATION OF FUNDS Total fund5 brought forward ,141.003 1,132,384 TOTAL FUNDS CARRIED FORWARD 1.132.491 1.141.003 CONTINUING OPERATIONS All income Aod ¢xpenditure has aris¢n from continuing a¢tivilies. The not¢s forni par¢ of th¢5¢ fiJJancial statejnents Pag¢ 6
Tawhid Educfitlon&l Trust Ba14n¢¢ Sh¢¢t A¢ 31 August 2023 31.8.23 31.8.22 Ut)re51ricled Unre51ricltd fiinds Notes FIXED ASSETS Tangble a55ets 832,169 783,724 CURRENT ASSETS DebtOT5 Cash ot bank 340,687 340.687 405,195 CREDITORS Amount5 falling du¢ wiihirt one year 140,365) (47.9161 h'ET CURRENT ASSUS 300 322 357 279 TOTAL ASSETS LESS CURRENT LIABILITILS 1,132.491 .141.003 NET ASSETS .132.491 141,003 FUNDS Unrestricted funds 1132491 1 141003 TOTAL FUNDS 1 132491 1 141.003 The fillaneial slalements w¢r¢ appTovd by ihe Board of Tritee5 on 19 January 2024 and wrr¢ signed on il$ behalf by.. Abdul Ghani Alibhai-Trust¢e Tnjstee The notes form part of these financial slatem¢nl$ Pag¢ 7
Tawhld Edu¢gtlon91 Trust Notes fo tlie Fin%neial StAtements for the Year Ended 31 August 2023 ACCOUNTING POLICIES BasL5 of preparing the financial s1otemeNts The firkftncial 5tatcnienls of the charity, which is a publi¢ b¢n¢fit ¢niiiy under FRS 102, hiv¢ been pr¢pared i accordance with thc Charities SORP (FRS 102) 'Accoiinlin¥ and R¢puriing by Cliaiilies.. Siat¢m¢rti of Recomm¢Ndd Pracliceapplicable Charities prepatinbw Iheira¢¢ounts in ac¢oidan¢¢ with Ih¢Fin2n¢ial Reportin¥ StsndaTd Hpplicjble li) th¢ UKand Republii ofirelartd IFRS 102} leffeLlive l January 2015).. Finartcial RcpDrtitJg SL2ttdard 102 'Th¢ Financial Rcportittg Standard applicable in th¢ UK and Repiiblic of Ircland, Ihc Charities Act 2011. The finartcial statements have been prepared under thc liistorical cost convcnlion. Income All income 15 r¢cogni8ed in the Statenient of Financial Acliviti¢s once Ilie charity has enliil¢m¢nl lo the funds, il is probablc that the incomc ivill bc reccived and the amouiJl Con be measured rcli#bly. Expttsditure Liabiliti¢s are t¢tognised as expenditure &8 soon as there is a 1¢8al or constriiclive obli8ation committing the harily t(> thai expettditure. li 1$ probable that 8 transfer of economic benefits will be required in settleMt and Ihe 8mount of the obligation can be measured reliably. Expcndilurc is accountcd for on accnials ba5i5 and has be¢n classified uttder headings that aggregate all cost related io the category. Where c05t5 caiinot be directly allr2buted lo particular heading5 they have b¢¢n ?Ilocat¢d to activiti¢s on a basis consi5t¢nt with the Iise of resourees. TY4nglble fixed assets Frttliold property nil {tsot depreciated as residual value expected to exceed costl Frtehold improv¢m¢nts nil (not depreci&ted as relate8 to 5tructtiral improvcmentS to Freehold) Furnilure and equipment 2/ Compul¢r5 20QA Milli Bus 2kn Taxation The charity LS exempt fTom tsx on its charitable a¢tiviti¢s. Fund #ccounllng Unrestricted funds can be used in accordance wilh the etLaiilabl¢ objectives at the disthetion of the trustees. RestriCd funds can only be used for parti¢ular r¢strieted purposes within ilse objects of the charity. Reslricliolls arise when 5pecifi¢d by lh¢ doTroT 01 when funds are raised for particular restricted purposes. Further explanation of the nature and pu08¢ of each fulld is in¢luded in the TLOtes to the r)nan¢ial statem¢nts. TRUSTEES, REMUNERATION AND BENEFITS There wer¢ no Inistees, remyn¢rotion or other benefits for the year ended 31 Av8USt 2023 Dor for the year ended 31 Augllst 2022. Trustees expense5 There were no tte¢s, expeiises paid for ihe year ended 31 August 2023 Thor for th¢ y¢ar ended 31 August 2022. Page 8
Taiyhid Educatlonal Trust Notes to thc Flnanclal Siiternent5- eontlnued for the Y¢ar Endtd 31 August 2023 STAFF COSTS Th¢ average monthly number of employees during the year was &$ follows.. 31.8.23 13 31.8.22 12 Starr No ¢mploy¢es r¢c¢ived ¢molvm¢nts in excess of £60,000. TANGIBLE FIXED ASSETS Freehold Fixture5 and Computers & propertylinipr rilting5 Mini Bus ovements Totsls COST Al I Septetnber 2022 Additions 771.398 35.754 807,152 38,868 94,200 18,946 113,146 904,466 54.700 959.166 38.868 DEPRECIATION Al I September 2022 Charge for year 33,440 1,086 87,302 5,169 120,742 6.255 At 31 AU¥St 2023 34.526 92.471 126.997 NET BOOK VALUE Al 31 Augv512022 771.398 5,428 6,899 783.725 AI 31 Au8USt 2023 807 152 832 169 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.23 31.8.22 other debtors CREDITORS: AMOUNTS FALLANG DUE WITHIN ONE YEAR 31.8.23 31.8.22 Taxation and social stcurily OiheT cr¢diloT5 7,736 32.629 7,674 40.242 40.365 47,916 LOANS All analysis of the rnaturily of loans is givert below.. 31.8.23 31.8.22 Amounts falling due wiihiJ one year on detnand.. Interest free loan Page 9
TAivhid EducY4tional Trust Notes lo the Financial Statements- contlnued for.the Year Fdnded 31 August 2023 RELATED PARTY DISCLOSURES Th¢r¢ TLQ lated party Iran5actiOn5 for th¢ year end 31 August 2023. Page 10
TAivhid Educatlonal Trust Detailed Ststenient of Fin#n¢io1 Aetlvltles for the Year Ended 31 August 2023 31.8.23 31.8.22 JNCOME AND ENDOWMENTS Don#tions and ItgAcies Donations Thition Fees Other Income 11.608 456,123 25.325 424,921 Total incorning resource5 492,458 474,931 EXPENDITURE Rglsing donations and le%acie5 Wages, NIC and Pension Insurance 393.020 7.305 20,434 1,264 3,781 2,686 18,130 4,139 13.703 20,025 590 8.330 369,699 7,260 13.052 1,208 2.078 1,565 8,283 9,626 12.476 14.390 9,059 11,622 4.807 Telephone Postagc and stalionery Sundri¢s Books. tnal¢rial gnd ir8ining Exam Fee lrtspeLlion IT Li¢ence l Maintenance Sports & Events Scliool Ulliforni Mllintenance Deprciation 499,662 465.125 Support costs Fiance Bank chir¥es Tot*1 ruources expended 500.970 466.312 Net In¢omel(loss) 8,512) 8.619 This page does tLOt fotm part of th¢ ststul(Fry financial slalemenls Pagell