Charity registration number: 1088511
Annual report and unaudited financial statements for the year ended 31 August 2025
for
Madrasatul Imam Muhammad Zakariya Preston
Madrasatul Imam Muhammad Zakariya Preston
Contents page
for the year ended 31 August 2025
| Page | |
|---|---|
| Trustees' report | 2 |
| Independent examiner’s report to the trustees of Madrasatul Imam Muhammad Zakariya Preston |
6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Notes to the financial statements | 9 |
| Detailed statement of financial activities | 18 |
Madrasatul Imam Muhammad Zakariya Preston
Trustees’ report for the year ended 31 August 2025
The trustees present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).
Objectives and activities
Objectives and aims
In setting our objectives, and planning our activities, we have given careful consideration to Charity Commission’s guidelines on public benefit.
Students are increasingly encouraged to pursue education at British Schools. The trust aims to foster an awareness within students about their surroundings and society in an environment that is both conducive to their learning and moral welfare. The school also aims to give students a sense of citizenship and a concern for human welfare and its values multi-culturalism within society.
At the moment there are no pupils with any special needs or learning difficulties. As education providers, the trust endeavours to provide all its pupils as many opportunities to experience and equip themselves with the seven areas of learning and essentials or any well considered curriculum, linguistic, mathematical, scientific, human and social skills, aesthetic, technological and physical education. This is a friendly school where you learn to get on with others, have the opportunity to meet people from different cultural backgrounds, improve the life skills, learn independence and increase faith. The trust ensures pupils appreciate the opportunity they have to study with students of diverse cultural heritages and cultural awareness is raised by pupils studying and engaging in weekend activities and taking part in cultural events. The trust continues to help pupils achieve a high level of self-confidence and capacity on reflection, to ensure pupil behaviour is consistently outstanding and pupils demonstrate a high level of self-discipline on a daily basis. This in turn will show an exceptionally positive attitude to school, and the maintenance of a high standard of attendance, their willingness to participate in lessons and their visible enjoyment. The trust ensures that they gain a strong sense of community and an insight into the spiritual and social benefits of communal life.
The school is committed to providing a safe and secure Islamic environment for all their children and staff. This enables the pupils to feel safe, enjoy and achieve an enriched school experience that encompasses the very best National Curriculum and a range of extra-curricular activities.
The school offers admission to boys and girls aged between 4 and 11 years and is committed to providing an education that fosters their creativity and gives them a lifetime passion for learning.
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Madrasatul Imam Muhammad Zakariya Preston
Trustees’ report - continued for the year ended 31 August 2025
Achievements and performance
Charitable activities
The trustees, parents and teachers are very pleased with the performance of the school. Madrasatul Imam Muhammad Zakariya Preston is a unique community and an environment in which pupils can learn and experience a vast array of social and academic skills in a safe and highly organised school and endeavours to make pupils schooling highly fruitful and memorable. The school day is structured such that pupils utilise their time well and in a balanced manner.
The school has high expectations of the pupils to achieve the highest level of academic excellence, character development and physical achievement. The majority of the pupils are from the local community. However, the school operates an open admissions policy that enables children from outside of Preston to gain admission.
The charity regularly evaluates and revises the curriculum to suit the pupils’ needs and to prepare pupils positively for external assessments and examinations. By maintaining the policy, the school has achieved high standards of teaching and assessment as well as exceptional behviour.
The education provided to the pupils enables them to deal with daily demands of adult life in a mature and responsible manner.
The Ofsted report rated the school as Good, which is very pleasing and is a testament to the excellent contributions made by staff, pupils, and the support provided by parents.
Financial review
Reserves policy
It is the policy of the charity to maintain unrestricted funds at a level which equates to approximately 12 months unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs. Unrestricted funds are maintained at above this level throughout the year.
The school’s principal funding source is from school fees which amounted to £195,120 (2024: £148,461). The average no of students are 120 generating an average fee of £1,626 per student.
Government grants received for the year was £73,556 (2024: £33,839). Donations for the year was £9,021 (2024: £2,389).
Future Developments
The school is improving and advancing each year. More generic areas of discussion are being covered such as personal hygiene etc and there is an increase in practical activities, school trips and off site visits.
Principal risks and uncertainties
The Trustees have considered the principal risks and uncertainties facing the charity and are satisfied that appropriate systems and controls are in place to identify, monitor, and manage potential risks. The Trustees are not aware of any significant risks or uncertainties that would materially affect the charity’s ability to continue its activities or achieve its objectives at the date of approval of these financial statements.
2
Madrasatul Imam Muhammad Zakariya Preston
Trustees’ report - continued for the year ended 31 August 2025
Structure, governance and management
Governing document
The trust is an unincorporated trust, constituted under a trust deed dated 8 December 2000 and is a registered charity, number 1088511. The trust was established to promote the advancement of education and the advancement of Islamic faith particularly by establishing and operating an institution. They ensure that their rich and diverse curriculum promotes the spiritual, moral, social and cultural development and positive British values, which includes respect for those who belong to other faiths/ no faiths.
Recruitment and appointment of new trustees
The trustees are appointed by the board of trustees. The trust deed provides for 5 trustees. The principal for the time being of the institution if not otherwise a trustee shall be additional trustee ex-officio. The appointment of trustees is vested in the continuing trustees (excluding any retiring Trustees). The appointment of teacher’s administrators and other persons required for the running of the Institution is in the hands of the principal. The trustees have responsibility for appointing a principal.
Organisational structure
The trustees may from time to time make such rules and regulations in their absolute discretion think fit for the management of the Institution and may at any time vary such rules and regulations. At trustees’ meetings each term the trustees agree the area of activity for the trust, policies and performance.
Location and history
Madrasatul Imam Muhammad Zakariya is located in Preston and accepts students from the age of four to eleven, providing a primary education for students as well as Islamic education. Preston is a city and the administrative centre of Lancashire, located on the north bank of the River Ribble. It is an urban settlement and unparished area that when combined surrounding rural civil parishes forms City of Preston local government district of Lancashire. The whole district obtained city status in 2002, becoming England’s 50th year of Queen Elizabeth II’s reign. The settlement or unparished area of Preston has a population of 114,300, the whole city of Preston district has a population of 132,000 and the Preston built up area has a population 313,322. Preston is derived from Old English words meaning “Priest Settlement”.
Risk management
The trustees continue to monitor and review risks which the charity is exposed to and where necessary control and implement systems and procedures to manage those risks.
Governance and management
The charity is governed by its governing document and is administered by the Board of Trustees, who are responsible for the overall strategic direction and policy of the charity. The Trustees meet regularly to review the charity’s activities, financial performance, and future plans, and to ensure that the charity continues to operate in accordance with its charitable objectives and applicable legal and regulatory requirements.
New Trustees are appointed in accordance with the provisions of the governing document and are provided with appropriate induction and information to enable them to fulfil their responsibilities effectively.
The day-to-day management and administration of the charity are delegated to the Trustees and, where applicable, to employees or volunteers operating under the direction and supervision of the Board of Trustees.
Reference and administrative details
Charity registration number
1088511
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Madrasatul Imam Muhammad Zakariya Preston
Trustees’ report - continued for the year ended 31 August 2025
Reference and administrative details - continued
Trustees
The trustees shown below have held office during the period from 1 September 2024 to the date of this report.
Mr S Yakub Ahmed Mr I Cassim Ounia Mr B Nakhuda Mr Z Hussein Patel Mr M Yakub Desai
Principal office
2 Bairstow Street Preston Lancashire PR1 3TN
Independent examiners
Adam and Co Accountants Limited Adamson House 251 Derby Street Bolton Please select BL3 6LA United Kingdom
This report was approved by the trustees on 27 June 2026 and signed on their behalf by:
Mr B Nakhuda, Trustee 27 June 2026
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Independent examiner’s report to the trustees of Madrasatul Imam Muhammad Zakariya Preston
I report on the accounts of Madrasatul Imam Muhammad Zakariya Preston (the “charity”) for the year ended 31 August 2025.
Responsibilities and basis of report
As trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”).
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 applicable Directions given by the Charity Commission under 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in The Charities (Accounts 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 connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Adam and Co Accountants Limited Adamson House 251 Derby Street Bolton Please select BL3 6LA United Kingdom
Date: 27 June 2026
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Madrasatul Imam Muhammad Zakariya Preston
Statement of financial activities for the year ended 31 August 2025
| Note Income from: Donations and legacies 2 Expenditure on: Other 4 Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
2025 Unrestricted funds £ 277,707 |
2024 Total funds £ 184,689 |
|---|---|---|
| (240,130) | (199,838) | |
| 37,577 302,634 |
(15,149) 317,783 |
|
| 340,211 | 302,634 |
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Madrasatul Imam Muhammad Zakariya Preston
Balance sheet as at 31 August 2025
| Note Fixed assets Tangible assets 9 Current assets Debtors 10 Cash at bank and in hand 11 Creditors: amounts falling due within one year 12 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 13 NET ASSETS The funds of the charity: Unrestricted funds TOTAL FUNDS 14 |
£ 225,170 |
2025 £ 225,170 114,584 5,811 |
£ 223,407 |
2024 £ 223,407 91,456 (1,111) |
|---|---|---|---|---|
| 20,269 94,315 |
5,306 86,150 |
|||
| 120,395 | 90,345 | |||
| 345,565 (5,354) |
313,752 (11,118) |
|||
| 340,211 | 302,634 | |||
| 340,211 | 302,634 | |||
| 340,211 | 302,634 |
These financial statements were approved by the Board of trustees and authorised for issue on 27 June 2026 and signed on its behalf by:
Mr S Yakub Ahmed, Trustee 27 June 2026
7
Madrasatul Imam Muhammad Zakariya Preston
Notes to the financial statements for the year ended 31 August 2025
1 Accounting policies
Basis of preparing the financial statements
These financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘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 (FRS 102) (effective 1 January 2019)’, the Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” and the Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the trustees have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the charity’s ability to continue as a going concern. In making this assessment, the trustees take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The trustees consider that the charity has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Income
All income is recognised in the Statement of financial activities once the charity has entitlement to the funds, it is probable that the income will be received and and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
| Land and buildings: | ||
|---|---|---|
| Freehold property | - | N/A |
| Plant and machinery etc.: | ||
| Plant and machinery | - | 20% straight line |
| Fixtures & fittings | - | 15% straight line |
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Madrasatul Imam Muhammad Zakariya Preston
Notes to the financial statements - continued
for the year ended 31 August 2025
1 Accounting policies - continued
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2 Income from donations and legacies
| Lillah Grants School Fees |
2025 Unrestricted funds £ 9,021 73,566 195,120 |
2024 Total funds £ 2,389 33,839 148,461 |
|---|---|---|
| 277,707 | 184,689 |
3 Support costs
Support costs, grouped by function, are apportioned to activities as follows:
| Other resources expended Other Governance costs £ £ Other resources expended 19,249 2,604 Support costs, grouped by function, are analysed as follows: Other costs |
Other £ 19,249 |
Governance costs £ 2,604 |
Managem’t £ 10,122 |
Finance £ 57 |
|---|---|---|---|---|
| 2025 Total £ 32,032 |
2024 Total £ 35,614 |
|||
| Managem’t £ 10,122 |
Finance £ 57 |
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Madrasatul Imam Muhammad Zakariya Preston
Notes to the financial statements - continued for the year ended 31 August 2025
3 Support costs - continued
Support costs, grouped by function, are analysed as follows:
| 2025 | 2024 | |||
|---|---|---|---|---|
| Governance | ||||
| Other | costs | Total | Total | |
| £ | £ | £ | £ | |
| Other costs | 19,249 | 2,604 | 32,032 | 35,614 |
4 Other expenditure
| Staff costs Other costs Depreciation of fixed assets Support costs |
2025 Unrestricted funds £ 193,119 6,359 8,620 32,032 |
2024 Total funds £ 160,375 3,699 150 35,614 |
|---|---|---|
| 240,130 | 199,838 |
5 Independent examiner’s remuneration
| 2025 | 2024 |
|---|---|
| £ | £ |
Fees paid to the charity’s independent examiner for:
No remuneration has been charged by the Independent Examiner in respect of the independent examination of the Charity’s accounts during the year.
6 Trustees’ remuneration and expenses
The trustees did not receive any remuneration or other benefits in either year.
Trustees’ expenses
No trustee was reimbursed for expenses incurred in either year.
7 Employees
Wages and salaries
| 2025 | 2024 |
|---|---|
| £ | £ |
| 193,119 | 160,375 |
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Madrasatul Imam Muhammad Zakariya Preston
Notes to the financial statements - continued for the year ended 31 August 2025
7 Employees - continued
| During the year the average number of employees was as follows: No employees received emoluments exceeding £60,000 in either year. 8 Comparatives for the Statement of financial activities Income from: Donations and legacies Expenditure on: Other Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 9 Tangible fixed assets Freehold property Plant and machinery £ £ Cost At 1 September 2024 215,655 28,800 Additions 8,761 473 At 31 August 2025 224,416 29,273 |
During the year the average number of employees was as follows: No employees received emoluments exceeding £60,000 in either year. 8 Comparatives for the Statement of financial activities Income from: Donations and legacies Expenditure on: Other Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 9 Tangible fixed assets Freehold property Plant and machinery £ £ Cost At 1 September 2024 215,655 28,800 Additions 8,761 473 At 31 August 2025 224,416 29,273 |
During the year the average number of employees was as follows: No employees received emoluments exceeding £60,000 in either year. 8 Comparatives for the Statement of financial activities Income from: Donations and legacies Expenditure on: Other Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 9 Tangible fixed assets Freehold property Plant and machinery £ £ Cost At 1 September 2024 215,655 28,800 Additions 8,761 473 At 31 August 2025 224,416 29,273 |
2025 29 |
2024 - 29 |
|---|---|---|---|---|
| Fixtures & fittings £ 17,284 1,148 |
Unrestricted funds £ 184,689 |
|||
| (199,838) | ||||
| (15,149) 317,783 |
||||
| 302,634 | ||||
| Total £ 261,739 10,382 |
||||
| 224,416 | 29,273 | 18,432 | 272,121 |
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Madrasatul Imam Muhammad Zakariya Preston
Notes to the financial statements - continued for the year ended 31 August 2025
9 Tangible fixed assets - continued
| Depreciation At 1 September 2024 Charge for year At 31 August 2025 Net book value At 31 August 2025 At 31 August 2024 |
- - |
24,224 5,854 |
14,108 2,765 |
38,332 8,619 |
|---|---|---|---|---|
| - | 30,078 | 16,873 | 46,951 | |
| 224,416 | (805) | 1,559 | 225,170 | |
| 215,655 | 4,576 | 3,176 | 223,407 |
10 Debtors
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors | - | 4,284 |
| Taxation | 19,697 | - |
| Prepayments and accrued income | 572 | 1,022 |
| 20,269 | 5,306 |
11 Cash at bank and in hand
| Other bank accounts Cash in hand Creditors: amounts falling due within one year Trade creditors Social security and other tax Accruals and deferred income |
2025 £ 84,861 9,454 |
2024 £ 76,234 9,916 |
|---|---|---|
| 94,315 | 86,150 | |
| 2025 £ - (5,811) - |
2024 £ (1) (2,037) 3,149 |
|
| (5,811) | 1,111 |
12 Creditors: amounts falling due within one year
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Madrasatul Imam Muhammad Zakariya Preston
Notes to the financial statements - continued for the year ended 31 August 2025
13 Creditors: amounts falling due after more than one year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Other creditors | 5,354 | 11,118 |
14 Movement in funds
| Unrestricted funds General fund Comparatives for movement in funds Unrestricted funds General fund Total funds |
At 1 September 2024 £ 302,634 |
Income £ 277,707 |
Expenditure £ (240,130) |
At 31 August 2025 £ 340,211 |
|---|---|---|---|---|
| At 1 September 2023 £ 317,783 |
Income £ 184,689 |
Expenditure £ (199,838) |
At 31 August 2024 £ 302,634 |
|
| At 1 September 2023 £ |
Income £ |
Expenditure £ |
At 31 August 2024 £ |
|
| 317,783 | 184,689 | (199,838) | 302,634 |
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Madrasatul Imam Muhammad Zakariya Preston
Notes to the financial statements - continued for the year ended 31 August 2025
| 15 Analysis of net assets At 31 August 2025 Fixed assets Tangible fixed assets Current assets Debtors Cash at bank and in hand Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year Net assets |
Unrestricted funds £ 225,170 |
|---|---|
| 20,269 94,315 |
|
| 114,584 | |
| 5,811 120,395 345,565 (5,354) |
|
| 340,211 |
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Madrasatul Imam Muhammad Zakariya Preston
Notes to the financial statements - continued for the year ended 31 August 2025
| 15 Analysis of net assets - continued At 31 August 2024 Fixed assets Tangible fixed assets Current assets Debtors Cash at bank and in hand Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year Net assets |
Unrestricted funds £ 223,407 |
|---|---|
| 5,306 86,150 |
|
| 91,456 | |
| (1,111) 90,345 313,752 (11,118) |
|
| 302,634 |
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The detailed statement of financial activities which follows is for information purposes only.
It does not form part of the statutory financial statements.
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Madrasatul Imam Muhammad Zakariya Preston
Detailed statement of financial activities for the year ended 31 August 2025
| INCOME Donations and legacies School Fees Lillah Grants Total income EXPENDITURE Other Wages Bad debts Software, website & IT Sundry expenses Staff training Office supplies Printing, stationery & postage Repairs and maintenance Depn of fixtures & fittings Depn of plant & machinery Insurance Light and heat Telephone Bank charges Rates and water Cleaning Students expenses/books & school trips Accountancy and legal fees Total expenditure NET INCOME / (EXPENDITURE) |
£ 195,120 9,021 73,566 |
2025 £ 277,707 |
£ 148,461 2,389 33,839 |
2024 £ 184,689 |
|---|---|---|---|---|
| 193,119 - 1,779 635 690 181 1,653 1,421 5,855 2,765 2,625 7,110 387 57 7,277 1,637 10,335 2,604 |
160,375 917 - - - - - 2,782 14 136 2,291 5,130 431 13 3,095 525 20,564 3,565 |
|||
| 277,707 (240,130) |
184,689 (199,838) |
|||
| (240,130) | (199,838) | |||
| 37,577 | (15,149) |
This page does not form part of the statutory financial statements.
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Madrasatul Imam Muhammad Zakariya Preston
Detailed statement of financial activities - continued for the year ended 31 August 2025
| SUPPORT COSTS Management Insurance Light and heat Telephone Finance Other Rates and water Cleaning Students expenses/books & school trips Governance costs TOTAL SUPPORT COSTS |
£ (2,625) (7,110) (387) |
2025 £ 10,122 57 19,249 2,604 |
£ (2,291) (5,130) (431) |
2024 £ 7,852 13 24,184 3,565 |
|---|---|---|---|---|
| (7,277) (1,637) (10,335) |
(3,095) (525) (20,564) |
|||
| 32,032 | 35,614 |
This page does not form part of the statutory financial statements.
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