MARKAZUL. M AL ISLAMIYY RT TRUSTEES AND F NCIAL STATEMENT NDED 20 MBER I
coNrENTS PAGES L•¥al Ind idmlnlJtrtlv¢ Informatlon Report ofthe trustees Independent exAmln¢n report Stat¢m¢nt of fiThAnelil ttivl¢l ChiTlty bAIAn¢¢ Sheet Note8 fomlng p*rt of the FIDAn¢l41 Statements
MARKAZUL-ULOOM AL ISLAMIYYA AL AND ADMINISTRATIVE INF RMATION FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES: Mr. Kabir Hussain Mr. Mohammed Aslam Mr Qurban Hussain Malik (APpp 01 NovMhr2014 REGISTERED OFFICE: 33.35 Ilid8e Road Rotherham South Yorkshire S65 INS CHARITY NUMBER: 1085563 AccouNfANTS: Smart A¢¢ountin8 Ltd l Ronald Road Darnall Sheffield S9 4RH BANKERS; Virgin Money l Frederi¢k Street Rotherham South Yorkshire S60 IQP Page I
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 MARKAZUL-ULOOM AL ISLAMIA REGISTERED NO: 1085S63 33-35 RIDGE ROAD ROTHERHAM SOUTH YORKSHtRE, S65 INS TEE OFFICE Mr Kabir Hussain Mt Mohammed Aslom Mr Qurban Huss&in Malik Chairman Treasurer Sccrcttsry STRUCTURE, GOVERNANCE AND MANAGEMENT Type ofgoveming document Trust deed How th¢ ¢harily 18 constituted Trust TnteeS Selection Method Voting Objeetlves And #ctlvltles The Markazul-uloom Al- Islamiyya is wnytituted under a tru8t deed dated 18 September 2000 and has & re8iStered charity no 1085563. The objectives ofthe trugt are to establish and operate the Snstitution for the purpose of advoncin8 education and to advance the Islamic reli8ion to create Islamic and culture awarenes8. Make adequate provision for higher 5tudie8 of the Holy QurAN the Hadith and Islamic Hlstory. Philosophy and Secular Edu¢ation and other related $ubj¢cls. The trnslees must U9e the income {and may use the cApithl) of the Trust in promoting the objects. OrKAnl$atlon The trustees who have Served during the year and sin¢¢ the year end are sel out on page l. Trustees are appoinied by the board of 51¢¢5 by the mwority vote. They will serve as a trustee until they resign or removed from the board by majority vote. Trustee meet regularly as and when required dAs¢u$s Any project or general pro8re$$. IDeome Generatlon Income was generated by re8ular monthly donations by the parents of Muslim children who regularly com¢ for Islamic education And by the other local Muslim community to promote the objective. Page 2
Risk Man¥Jgemeftt The Trnstees have examined the major strategic. business and operational rlsks which the charity faces and confirn that $yst¢ms hav¢ be¢n established to enable regular reports to be produced so that any n¢¢¢ssory sl¢ps ¢an be taken to le53¢n those risks. FINAn¢141 r¢vl¢w Charity does not have any specific policy lo maintain re8erve funds. It will call at local community ¢0 donate funds when charity 18 short of funds and needs money for any specific project. Doclwratlon Si8n¢d on behalf of tharity's trustees Slsnature Full name Kabir Hussain Pogitlon Trustee DAt¢ 1710112025 PA8e 3
INDEPENDENT EXAMINER'S REPORT TO HE TRUSTEES OF MARZKAZUL- ULOOM AL- ISLAMIYY FOR THE YEAR ENDED 31 MARCH 2024 REGI TERED N 1085563 We report on the accounts of Mark8zul- Uloom Al- Islamiyya for the year ended 31 March 2024. which ore sel out on pages Sto 11. Respective respon5ibilitles of trustees 4nd examlner The charity's trustees ore r¢spon5ible for the preparation of the a¢¢ounts. Th¢ charity's trustees consider that an audi¢ is not required for thi$ year under section 144{2) of the Charities Act 2011 (th¢ 2011 Act) and that an independent exomination is needed . It is our responsibility to.. examine the accounts under section 145 of the 2011 Act. to follow the procedwes laid down in the Genetal Direction given by the Charity Commission (under section 14515Mb) of the 2011 ACL) and to State whether particular matters have cotne to my attentt'on, B9$18 of Independ¢nt examlnor's report My examination wos carried out in accordance with 8eneral directions 8iven by the charity Commission. An examinltion include$ a review of the a¢¢ounlin8 reeords kept by the ch8rily and a comparison of the accounls presented with those r¢¢ords. It also includ¢$ consideration of any unusual ilems or disclosures in the accounts, and 8¢ekin8 explanation from th¢ trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audil, and consequently no opinion is giv¢n os to whether the accounts pre5¢nt a "true and fuir" vi¢w and the report is limited to those matters set out in th¢ statement below. Independent examlner's statement In connection with our examination, no maiter hL4 com¢ lo our llttention (other than that disclosed below ) (l) Which 8ive8 us reasonable cause lo believe that in, any rnaierial resp¢cl the requir¢m¢nts: ¢0 keep Proper a¢¢ounting records in a¢¢ordonce with section 130 of the 2011 Act.. and to prepare accounts which accord with the a¢counting records and comply with the accounting requirements of the 2011 Act have not been met. or (2) to which, in our opinion, attention should be draMTr in ord¢r lo enable a proper understanding of the accounts to be reached. Signed Dale 1710112025 Name.. Abdul R&shid Relevant Professional qualifications or body- Chartered Certified Accountants Address.. l Ronald Road Sheffeild S9 4RH Pog¢ 4
MARKAZUL-ULOOM AL ISLAMIYYA STATEMENT OF FINANCIAL ACTIVITIES RATING AN INCOME AND EXPENDIT RE ACCO FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Rl OTAL MIN Donatlong: RC 40.256 40.256 25,789 A¢tivi¢ieJ in furtherance of th¢ eh•rlty'J objeetlve: Children's, parents regulor monthly donation$ 3 106.200 106.200 117.990 A¢¢lvltle$ for generAtlng tsnds: Book salesl Charity Shop. 11,008 11,008 12,601 157 464 Cojt of gen¢rAtln8 fvnds: CharltAble expendltur¢ Cost of Actlvltles ITh furth¢rAnce of the chmrlty'i obJe¢tlve'. Establishment and education. Management and administration. 1,369 1.369 4,891 130,446 1.149 130,446 1,149 94.139 1.207 Tot*l resourc¢y ¢xpend¢d 132 964 LOJJ dljposal of bulldlD81 Ind plant 4nd machlnery. NET INCOMING RESOURCES NET MOVEMENT IN FUNDS Funds balances Blfwd at 0110412023 1553 109 1553 109 1496 966 Funds balance$ C/fi¥d At 3110312024 1577 609 1577 609 553 109 All incoming resources and resourc¢$ exp¢nded derive from containing activities. Pa8e 5
ARKAZUL-ULOOM AL ISLAMIYYA CHARITY BALANCE SHEET 31 MARCH 2023 2024 2023 FIXED ASSETS Tangible assets 1,447.155 1,447,646 cuRREr ASSETS Cash at bank & in hand 174.270 1,621,426 128.867 1,576,514 CREDITORS Amounts falling du¢ within one year TOTAL ASSETS LESS CURRENT LIABILITIES 10 18 1,621,408 .576,509 CREDITORS Amounts falling due aft¢r more thpn one year I I NET ASSETS OVER LIABILITIES 43,800 1577 608 23.400 1553 109 FUNDS ACCOUNT: UNRESTRICTED FUNDS £1577 608 £1553 109 Approved by th¢ BoaTd Df TruJ¢ee5: A Kabir Hu8881o ITrust¢¢) Page 6
L ISLAMIYYA NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 NIARCH 2024 I. ACCOUNTING POLICIES (a) B*slJ of prepArntlon Th¢ financigl statements have been ppared on basi5 of histori¢ ¢081 ( except that investments ore shomw at market value) in a¢¢ordan¢e Mth.. Accounting 4nd Reporting by Charities.Siatement of Recornmed Practice (SORP 200J). With untsTh8 Standards and with the Charties Art 2011. (b) Cbarlty $t•tu# The chority is 8 govemed by tN8t deed. The trustees ar¢ nBmed on page l. (c) Accoun¢ln8 GenerAI funds are unrestricted funds which are gvoilable for use at the discr¢lion of the trustees in further8n¢e of the general objcctives of the charity and whi¢h have not been d¢5isnated for other purposes. (d) Re$trl¢ted fundi These are lo be used for ype¢ifi¢ purposes as laid down by the donor. Expenditure that meets th¢8e criteria Is ¢harBed to fund, tog¢ther with a f4ir allocation of mon&8ement and sUPPOrt ¢osl. (e) Tntomlng reJour¢es All incoming re50urc¢s ar¢ in¢luded in the SORP when the chority 18 legolly entitled to the income and the amount can be qualified with reosonable Accuracy. (D Resourcej expended All expenditure iy accounted for on an Accrua18 basis and has b¢¢n clgssified under helldin88 that a88re8aie All costs relaled to the cate80ry. Where ¢osts ¢onnot be dlre¢tly attribuled to particular headings they have been allocated ¢0 tivities on a bas18 conslstent with us¢ of the re80urces. (i) Tanglble Ilxed 419¢ts and depr¢¢litlon Tangible fixed assets ¢osling more than £100 are capitslis¢d and Included at cost including any incidentHI expenses of &cquisilion. Depreciation is provided on all tangible fixed assets llt rates Calculated lo write off the ¢osl over their expected usefijl economlc Ilves a8 follow$'. Land and Buildin8 O OA on ¢08t Fixture and Fittin8 IOY• on net book value Page 7
OOM AL ISLAMIYYA NOTES TO THE ACCOUNT FOR THE YEAR ENDED 31 MARCH 20 UNRESTRICTED 2024 2023 2. DONATIONS Donations in¢lude general donations Bnd collection made on Friday> Eid and during Romadan month from people attending mosque. 3. ACTIVITIES IN FURTHERANCE OF THR CHARITYIS 0CTIVEs 2024 2023 RE TRI Children's, parents regular monthly donations 106200 106 200 106,200 106,200 117,990 117990 4. SHOP INCOME AND EXPENDITURE CHARITABLE TRADING 2024 2023 Turnover from purchased goods Turnover from donated goods 11.008 12,601 Operatin8 expenses Management expen8e8 Shop Expenditures 3,665 9,474 Net Income from Trading This represents income from sale of books and other item8 to the children. Page 8
LOOM AL ISLAMIYYA NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED H 2024 S. TOTAL RESOURCES EXPENDED NRE RESTRI OTAL TOTAL Co$t of ien¢T#tlng funds-Promotlon and events Estgbllyhm¢Dt EducatloD Water rates Light and heat Telephone Staff Costs Pension Costs Repairs & renewals Depreciation Cleanin8 Insurance Computer Softwore & Consumable$ Charity shop Profe55uional & L¢8al Fees 369 369 2.080 10.606 1.033 45,008 104 60.215 491 1.889 2,338 3,018 3,665 2.080 10.606 1.033 45,008 104 60,215 491 1,889 2,338 3,018 3.665 8,269 13,891 965 41,749 88 11.726 546 1,254 2,094 2,089 9,474 130446 130446 ManA¥ement •Dd AdmlnlJtr*tlon Administration expenses Accountaney Bonk Charges Canteen & Food Sundry 939 939 762 210 210 445 Total reiources expended 132964 132 964 100 237 6. NET INCOMING REOURCES FOR THE YEAR A¢¢ounl8ncy Depre¢ialion 491 546 Page 9
MARKAZUL-ULOOM AL ISLAMIYYA NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 7. STAFF COSTS AND NUMBERS Sthff costs were as follows: Wa8es and salaries Soci81 Security ¢osts 45.008 41.749 45.008 Staff numbers were 08 follows.. Teachin8 and training TANGIBLE FIXED ASSETS Old Land & Bulldln¥s New Mosque Bulldin81 Plant & Machlnery Total COST As at 1st April 2023 Less, Disposals Additions new mosque buildin8. At 31st Moreh 2024 50,000 1,392,736 15,691 1,458,427 1392 736 1458 427 DEPRECIATION As at 1st April 2023 Disposals Additions At 3 Isl March 2024 10,781 10,781 491 491 NET BOOK VALUE A¢ 31st March 2024 1392 736 1447 155 At 31st Morch 2023 1392 736 447 646 Page 10
L ISLAMIYY NOTES TO THE FINANCIAL STATEMElYts FOR THE YEAR ENDED 31 MARCH 2024 9. DEBTORS 2024 Nil Nil 10. CREDITORS: AMouNfs FALLING DUE WITHIN ONE YEAR Taxatlon and social security ¢o$ts Accruals 18 18 11. CREDITORS: AMouNfs FALLING DUE AER MORE THAN ONE YEAR Intere$t fr¢¢10gns (repayable on demand) 12. RELATED PARTIES One of the trustees, Mr Kabir Hussain was also employed by the trust ond reIVed the wages of £8.14] during the year. One of trustee wife Razia Bi was employed by trust and she received wages of £4,200 during the year. Page 11