Charity number: 1090525
Markazul Uloom
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 August 2021
Markazul Uloom Contents Page For the year ended 31 August 2021
| Report of the Trustees | 1 to 3 |
|---|---|
| Independent Examiner's Report to the Trustees | 4 |
| Statement of Financial Activities | 5 |
| Statement of Financial Position | 6 |
| Notes to the Financial Statements | 7 to 12 |
| Detailed Statement of Financial Activities | 13 to 14 |
Markazul Uloom Report of the Trustees
For the year ended 31 August 2021
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 August 2021. 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Blackburn is a large town in Lancashire, England. It lies to the north of the West Pennine Moors on the southern edge of the Ribble Valley, 9 miles (14 km) east of Preston, 20.9 miles (34 km) NNW of Manchester and is 9 miles (14 km) north of the Greater Manchester border.
Blackburn is bounded to the south by Darwen, with which it forms the unitary authority of Blackburn with Darwen.
Markazul Uloom accepts students from the age of eleven to twenty-three, providing a secondary and FE education for younger students as well as Islamic education at an advanced level. This financial year there was 142 girls and 40 boys at the institution.
In setting our objectives, and planning our activities, we have given careful consideration to Charity Commission's guidelines on public benefit. The trust runs the Markazul Uloom, an independent education institute for boys and girls, which is registered with the Department of Education and Skills (DfES). It combines a college of Higher Islamic Education and a secondary school. It offers secondary (GCSE)as well as Higher Islamic Education and caters for the 12 to 23 age group.
Students are increasingly encouraged to pursue education at A Level and British Universities. In view of this, the institution has built effective progression opportunities to Higher Education Institutes where former students of the Institution have completed Honours, Master's and Doctorate degrees in a wide range of disciplines. 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 institution also aims to give students a sense of citizenship and a concern for human welfare and its values multi-culturalism within society. The school timetable provides subjects reflecting Islamic and secular education. Students study General Certificate of Secondary Education (GCSE).
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. The school prides itself in being an institute that offers a comprehensive Islamic Theology Course which equips its pupils to assume scholarly roles with their communities upon its completion. The school aims to connect the curricula as much as possible within the school, such that the teaching of the secondary curriculum is not divorced from Islamic concepts rather it is enhanced by introducing Islamic concepts. The school aims to ensure that the years spent at the school, facilitate pupils to attain primarily the highest levels of spiritual, moral, cultural and Islamic awareness and, in close conjunction with this, the highest levels of physical and intellectual achievement of which they are capable.
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
ACHIEVEMENTS AND PERFORMANCE
The trustees believe that there is always room for improvement in terms of the performance /education standard of the school.
Markazul Uloom 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. We are confident once the teaching standards are improved that the education provided equips our pupils to deal with the demand of adult life in a mature and responsible manner.
The Board has a current plan to maintain the current standard of acedemic achievements as measured by the external public examinations and independent value added criteria. The plans include collaboration and sharing of good practice between departments and to improve internal communications and management information systems, to continue to develop the curriculum facilities alongside many others.
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Markazul Uloom Report of the Trustees Continued
For the year ended 31 August 2021
FINANCIAL REVIEW
The school's principal funding source is from school fees which amounted to £275,166 (2020: £241,995) an increase/recovery from previous years COVID-19 decline.
The secondary source of income is from donations which amounted to £22,252 (2020: 15,172). A slight increase from previous financial year but still below levels expected by the trustees and achieved in historical years. The trustees due to the COVID-19 impacts on local communities have not actively engaged in fund raising but this is something being considered in the coming years.
The institution is still actively engaging in fund raising for the current work in progress £3 million project to increase the school facilities. The Charity received £25,059 in government furlough and grant payments in comparison to previous financial year of £42,761.
In terms of overheads, the current year costs are pretty consistent to last year.
Overall there is a small financial deficit of £1,070 in comparison to previous years deficit of £28,345, a substantial reduction in the main due to the increase of school fees in the current financial year.
Reserves
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.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The trust is an unincorporated trust, constituted under a trust deed dated 5 October 2001 and is a registered charity, number 1090525.
The trust was established to promote the advancement of education and the advancement of Islamic faith particularly by establishing and operating an institution.
Recruitment and appointment of trustees
The trustees are appointed by the board of 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.
There are informal procedures for induction and training of new trustees. Trustees are also encouraged to attend external briefings and training courses.
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 trustee agree the area of activity for the trust, policies and performance.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Markazul Uloom Charity registration number 1090525 Principal address Park Lee Road Blackburn Lancashire BB2 3NY
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Markazul Uloom Report of the Trustees Continued For the year ended 31 August 2021
Trustees
The trustees and officers serving during the year and since the year end were as follows:
| Mr Mohammed Hanif Amla | |
|---|---|
| Mr Muhammad Bilal Bawa | |
| Mr Muhammad Yousuf Bawa | |
| Mr Salim H Sidat | |
| Mr Yunus Yakub Ravat | |
| Mr Muhammad Salman Bawa | |
| Independent examiners | Adam & Co Accountants |
| Adamson House | |
| 251 Derby Street | |
| Bolton | |
| Lancashire | |
| BL3 6LA | |
| Bankers | Al Rayan Bank Plc |
| 44 Hans Crescent | |
| Knightsbridge | |
| London | |
| SW1X 0LZ |
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 09 February 2022 Mr Muhammad Bilal Bawa
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Markazul Uloom
Independent Examiners Report to the Trustees
For the year ended 31 August 2021
I report to the trustees on my examination of the accounts of the charity for the year ended 31 August 2021.
Responsibilities and basis of report
As the charity trustees, 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 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiners statement
Since the Charity’s gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of , which is one of the listed bodies.
I have completed my examination. I confirm that no 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 2011 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 & Co Accountants Adamson House 251 Derby Street
Bolton Lancashire BL3 6LA
09 February 2022
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Markazul Uloom
Statement of Financial Activities
For the year ended 31 August 2021
| Notes Income and endowments from: Donations and legacies 2 Charitable activities 3 Investments 4 Other income 5 Total Expenditure on: Raising funds 6 Charitable activities 7/8 Total Net expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 22,252 280,146 4,878 25,059 332,335 (329,507) (3,900) (333,407) (1,072) 1,938,726 1,937,654 |
2020 £ 15,172 256,164 6,029 42,761 |
|---|---|---|
| 320,126 | ||
| (345,481) (2,986) |
||
| (348,467) | ||
| (28,341) 1,967,071 |
||
| 1,938,730 |
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Markazul Uloom Statement of Financial Position As at 31 August 2021
| Notes Fixed assets Tangible assets 13 Current assets 14 Debtors Cash at bank and in hand Creditors: amounts falling due within one year 15 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 16 Net assets The funds of the charity Unrestricted income funds 17 Total funds |
£ 2021 1,908,458 1,908,458 11,230 503,316 514,546 (67,362) 447,184 2,355,642 (417,985) 1,937,657 1,937,654 1,937,654 |
£ 2020 1,857,425 |
|---|---|---|
| 1,857,425 | ||
| 14,253 565,829 |
||
| 580,082 | ||
| (54,900) 525,182 |
||
| 2,382,607 | ||
| (443,885) | ||
| 1,938,722 | ||
| 1,938,730 | ||
| 1,938,730 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr Muhammad Bilal Bawa Trustee
09 February 2022
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Markazul Uloom Notes to the Financial Statements
For the year ended 31 August 2021
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
Markazul Uloom meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going concern
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings 40% Straight line Plant and machinery 15% Reducing balance Motor vehicles 15% Reducing balance
2. Income from donations and legacies
| Unrestricted funds Donations received |
2020 2021 £ £ 15,172 22,252 15,172 22,252 |
|---|---|
3. Income from charitable activities
| Unrestricted funds Chartiable Activity 1 School Fees Other Income |
2021 £ 275,166 4,980 280,146 280,146 |
2020 £ 241,995 14,169 |
|---|---|---|
| 256,164 | ||
| 256,164 |
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Markazul Uloom Notes to the Financial Statements Continued
For the year ended 31 August 2021
| 4. Investment income Unrestricted funds Other investment income 5. Other income Unrestricted funds Other income 1 6. Expenditure on generating donations and legacies Unrestricted funds Support costs 7. Costs of charitable activities by fund type Unrestricted funds Support costs 8. Costs of charitable activities by activity type Chartiable Activity 1 |
2021 £ 4,878 4,878 2021 £ 25,059 25,059 2021 £ 329,507 329,507 2021 £ 3,900 2021 £ 3,900 |
2020 £ 6,029 |
|---|---|---|
| 6,029 | ||
| 2020 £ 42,761 |
||
| 42,761 | ||
| 2020 £ 345,481 |
||
| 345,481 | ||
| 2020 £ 2,986 2020 £ 2,986 |
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Markazul Uloom Notes to the Financial Statements Continued
For the year ended 31 August 2021
9. Analysis of support costs
| Voluntary Income Staff Wages Premises Cost Computer Cost Telephone Postage and Stationery Books & School Trips Repairs Canteen Cleaning Governance costs |
2021 £ 227,424 48,436 2,490 1,857 6,474 13,970 3,777 134 2,625 26,220 333,407 |
2020 £ 242,676 48,802 5,347 1,933 6,307 16,076 661 199 1,158 25,308 |
|---|---|---|
| 348,467 |
10. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Depreciation of owned fixed assets | 22,320 | 22,322 |
11. Staff costs
Total staff costs for the year ended 31 August 2021 were:
| Salaries and wages Social security costs Admin Staff Maintenance Staff School Staff |
2021 £ 243,415 (15,991) 227,423 2021 5 1 46 52 |
2020 £ 254,722 (12,046) |
|---|---|---|
| 242,676 | ||
| 2020 5 1 50 |
||
| 56 |
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Markazul Uloom Notes to the Financial Statements Continued For the year ended 31 August 2021
12. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
13. Tangible fixed assets
| Cost or valuation At 01 September 2020 Additions At 31 August 2021 Depreciation At 01 September 2020 Charge for year At 31 August 2021 Net book values At 31 August 2021 At 31 August 2020 |
Land and buildings £ 2,057,526 70,604 2,128,130 233,108 17,025 250,133 1,877,997 1,824,418 |
Plant and machinery £ 65,755 2,748 68,503 54,640 2,011 56,651 11,852 11,115 |
Fixtures and fittings £ 230,930 - 230,930 209,038 3,284 212,321 18,608 21,892 |
Total £ 2,354,211 73,352 |
|---|---|---|---|---|
| 2,427,563 | ||||
| 496,786 22,320 |
||||
| 519,105 | ||||
| 1,908,457 | ||||
| 1,857,425 |
14. Debtors
| Amounts due within one year: Prepayments and accrued income Other debtors |
2021 2020 £ £ 5,955 5,678 5,275 8,575 11,230 14,253 |
|---|---|
15. Creditors: amounts falling due within one year
| Trade creditors Other creditors |
2021 £ 67,926 (564) 67,362 |
2020 £ 57,653 (2,753) |
|---|---|---|
| 54,900 |
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Markazul Uloom Notes to the Financial Statements Continued For the year ended 31 August 2021
16. Creditors: amounts falling due after more than one year
| Other creditors | 2021 £ 417,985 417,985 |
2020 £ 443,885 |
|---|---|---|
| 443,885 |
17. Movement in funds
Unrestricted Funds
| General General Unrestricted Funds - Previous year General General |
Balance at 01/09/2020 £ 1,938,726 1,938,726 Balance at 01/09/2019 £ 1,967,071 1,967,071 |
Incoming resources £ 332,335 332,335 Incoming resources £ 320,126 320,126 |
Outgoing resources £ (333,407) (333,407) Outgoing resources £ (348,467) (348,467) |
Balance at 31/08/2021 £ 1,937,654 |
|---|---|---|---|---|
| 1,937,654 | ||||
| Balance at 31/08/2020 £ 1,938,730 |
||||
| 1,938,730 |
Purpose of unrestricted Funds
General
It provides the resources necessary to sustain the day-to-day activities and thus pays for all administrative and operating expenses.
18. Analysis of net assets between funds
| Unrestricted funds General General |
Tangible fixed assets Net current assets / (liabilities) Creditors > one year Net Assets £ £ £ £ 1,908,458 447,184 (417,985) 1,937,657 |
|---|---|
| 1,908,458 447,184 (417,985) 1,937,657 |
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Markazul Uloom Notes to the Financial Statements Continued
For the year ended 31 August 2021
| Previous year Unrestricted funds General General |
Tangible fixed assets Net current assets / (liabilities) Creditors > one year Net Assets £ £ £ £ 1,857,425 525,182 (443,885) 1,938,722 |
|---|---|
| 1,857,425 525,182 (443,885) 1,938,722 |
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Markazul Uloom Detailed Statement of Financial Activities For the year ended 31 August 2021
| INCOME AND ENDOWMENT Donations and legacies Donations Charitable activities School Fees Other Income Investments Other investment income Other income Government Grant Total incoming resources SUPPORT COSTS Staff Wages Staff costs - wages & salaries Staff costs - social security costs Premises Cost Rates & Water Insurance Light and Heat Computer Cost Computer Cost Telephone Telephone Postage and Stationery Postage and Stationery Books & School Trips Books & School Trips Repairs Repairs |
£ 2021 22,252 22,252 275,166 4,980 280,146 4,878 4,878 25,059 25,059 332,335 (243,415) 15,991 (227,424) (9,534) (2,608) (36,294) (48,436) (2,490) (2,490) (1,857) (1,857) (6,474) (6,474) (13,970) (13,970) (3,777) (3,777) |
£ 2020 15,172 |
|---|---|---|
| 15,172 241,995 14,169 |
||
| 256,164 6,029 |
||
| 6,029 42,761 |
||
| 42,761 | ||
| 320,126 (254,722) 12,046 |
||
| (242,676) (9,557) (2,581) (36,664) |
||
| (48,802) (5,347) |
||
| (5,347) (1,933) |
||
| (1,933) (6,307) |
||
| (6,307) (16,076) |
||
| (16,076) (661) |
||
| (661) |
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This page does not form part of the statutory financial statements
Markazul Uloom
Detailed Statement of Financial Activities Continued
For the year ended 31 August 2021
| Canteen Canteen Cleaning Cleaning Governance costs Depreciation of owned assets Legal fees Total resources expended Net Expenditure |
(134) (134) (2,625) (2,625) (22,320) (3,900) (26,220) (333,407) (1,072) |
(199) |
|---|---|---|
| (199) (1,158) |
||
| (1,158) (22,322) (2,986) |
||
| (25,308) | ||
| (348,467) | ||
| (28,341) |
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This page does not form part of the statutory financial statements