Charity number: 1090525
Markazul Uloom
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 August 2022
Markazul Uloom Contents Page For the year ended 31 August 2022
| 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 2022
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 August 2022. 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)'.
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Markazul Uloom Report of the Trustees Continued For the year ended 31 August 2022
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.
In terms of the GCSE results for the summer of 2022 for the Girls the following results was achieved:
Total Entries 150 percentage 100% Total 9-7 all subjects 47 percentage 31% Total 9-5 all subjects 106 percentage 71% Total 9-4 all subjects 135 percentage 90% Total 9-1 all subjects 150 percentage 100%
In terms of percentage of candidates gaining at least one 9-7 was 74% and at least one 9-8 it was 63%.
FINANCIAL REVIEW
The school's principal funding source is from school fees which amounted to £257,028 (2021: £275,166) a drop in income of £18,138 as the institution supported students families which has been struggling financially. The Boys School fees on average is £1500 and the Girls fees depending on whether they are boarding student etc but vary from £750 to £1600. The Girls fees make up an average 80% of fees compared to the Boys fees.
The secondary source of income is from donations which amounted to £22,085 (2021: 22,252). A relatively consistent level of donations to 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 £829 in government furlough and grant payments in comparison to previous financial year of £25,059.
In terms of overheads, the current year costs are pretty consistent to last year besides a £34,362 increase in staff costs due to minimum wage increases etc.
Overall there is a substantial financial deficit of £78,632 in comparison to previous years deficit of £1,070, a loss increase due to the decrease of school fees income in the current financial year and compared to last year also a drop in government grant support as well as increase in wage costs.
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.
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Markazul Uloom Report of the Trustees Continued
For the year ended 31 August 2022
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
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 examiner Adam & Co Accountants Adamson House 251 Derby Street Bolton Greater Manchester 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
............................................................................. 04 May 2023 Mr Muhammad Bilal Bawa
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Markazul Uloom
Independent Examiners Report to the Trustees For the year ended 31 August 2022
I report to the trustees on my examination of the accounts of the charity for the year ended 31 August 2022.
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 Greater Manchester BL3 6LA
04 May 2023
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Markazul Uloom
Statement of Financial Activities
For the year ended 31 August 2022
| 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 £ 22,086 265,598 4,111 829 292,624 (367,765) (3,489) (371,254) (78,630) 1,937,655 1,859,025 |
2021 £ 22,252 280,146 4,878 25,059 |
|---|---|---|
| 332,335 | ||
| (329,507) (3,900) |
||
| (333,407) | ||
| (1,072) 1,938,726 |
||
| 1,937,654 |
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Markazul Uloom Statement of Financial Position As at 31 August 2022
| Notes | 2022 | 2021 | |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 13 | 1,935,865 | 1,908,458 |
| 1,935,865 | 1,908,458 | ||
| Current assets | |||
| Debtors | 14 | 7,032 | 11,230 |
| Cash at bank and in hand | 377,825 | 503,316 | |
| 384,857 | 514,546 | ||
| Creditors: amounts falling due within one year | 15 | (60,716) | (67,362) |
| Net current assets | 324,141 | 447,184 | |
| Total assets less current liabilities | 2,260,006 | 2,355,642 | |
| Creditors: amounts falling due after more than one year | 16 | (400,985) | (417,985) |
| Net assets | 1,859,021 | 1,937,657 | |
| The funds of the charity | |||
| Unrestricted income funds | 17 | 1,859,025 | 1,937,654 |
| Total funds | 1,859,025 | 1,937,654 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr Muhammad Bilal Bawa Trustee
04 May 2023
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Markazul Uloom Notes to the Financial Statements For the year ended 31 August 2022
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).
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 ncome from charitable activities Unrestricted funds Chartiable Activity 1 School Fees Other Income |
2022 £ 22,086 22,086 2022 £ 257,028 8,570 265,598 265,598 |
2021 £ 22,252 |
|---|---|---|
| 22,252 | ||
| 2021 £ 275,166 4,980 |
||
| 280,146 | ||
| 280,146 |
3. Income from charitable activities
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Markazul Uloom Notes to the Financial Statements Continued
For the year ended 31 August 2022
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 |
2022 £ 4,111 4,111 2022 £ 829 829 2022 £ 367,765 367,765 2022 £ 3,489 2022 £ 3,489 |
2021 £ 4,878 |
|---|---|---|
| 4,878 | ||
| 2021 £ 25,059 |
||
| 25,059 | ||
| 2021 £ 329,507 |
||
| 329,507 | ||
| 2021 £ 3,900 2021 £ 3,900 |
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Markazul Uloom Notes to the Financial Statements Continued
For the year ended 31 August 2022
9. Analysis of support costs
| nalysis of support costs | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Voluntary Income | ||
| Staff Wages | 256,455 | 227,424 |
| Premises Cost | 48,665 | 48,436 |
| Computer Cost | 4,795 | 2,490 |
| Telephone | 2,010 | 1,857 |
| Postage and Stationery | 4,828 | 6,474 |
| Books & School Trips | 18,247 | 13,970 |
| Repairs | 1,870 | 3,777 |
| Canteen | 700 | 134 |
| Cleaning | 8,009 | 2,625 |
| Governance costs | 25,675 | 26,220 |
| 371,254 | 333,407 |
10. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Depreciation of owned fixed assets | 22,186 | 22,320 |
11. Staff costs
Total staff costs for the year ended 31 August 2022 were:
| Salaries and wages Social security costs Admin Staff Maintenance Staff School Staff |
2022 £ 277,776 (21,321) 256,455 2022 5 2 47 54 |
2021 £ 243,415 (15,991) |
|---|---|---|
| 227,423 | ||
| 2021 5 1 46 |
||
| 52 |
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Markazul Uloom Notes to the Financial Statements Continued For the year ended 31 August 2022
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 2021 Additions At 31 August 2022 Depreciation At 01 September 2021 Charge for year At 31 August 2022 Net book values At 31 August 2022 At 31 August 2021 |
Land and buildings £ 2,128,130 47,747 2,175,877 250,133 17,407 267,540 1,908,337 1,877,997 |
Plant and machinery £ 68,503 352 68,855 56,651 1,853 58,504 10,351 11,852 |
Fixtures and fittings £ 230,930 1,493 232,423 212,321 2,925 215,246 17,177 18,609 |
Total £ 2,427,563 49,592 |
|---|---|---|---|---|
| 2,477,155 | ||||
| 519,105 22,185 |
||||
| 541,290 | ||||
| 1,935,865 | ||||
| 1,908,458 |
14. Debtors
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Amounts due within one year: | ||
| Prepayments and accrued income | 5,802 | 5,955 |
| Other debtors | 1,230 | 5,275 |
| 7,032 | 11,230 |
15. Creditors: amounts falling due within one year
| Trade creditors Other creditors |
2022 £ 59,254 1,462 60,716 |
2021 £ 67,926 (564) |
|---|---|---|
| 67,362 |
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Markazul Uloom Notes to the Financial Statements Continued For the year ended 31 August 2022
16. Creditors: amounts falling due after more than one year
| Other creditors | 2022 £ 400,985 400,985 |
2021 £ 417,985 |
|---|---|---|
| 417,985 |
17. Movement in funds
Unrestricted Funds
| Unrestricted Funds | ||||
|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | |
| 01/09/2021 | resources | resources | 31/08/2022 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 1,937,655 | 292,624 | (371,254) | 1,859,025 |
| 1,937,655 | 292,624 | (371,254) | 1,859,025 | |
| Unrestricted Funds - Previous year | ||||
| Balance at | Incoming | Outgoing | Balance at | |
| 01/09/2020 | resources | resources | 31/08/2021 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 1,938,726 | 332,335 | (333,407) | 1,937,654 |
| 1,938,726 | 332,335 | (333,407) | 1,937,654 |
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
| Analysis of net assets between funds | ||||
|---|---|---|---|---|
| Tangible | Net current | Creditors > | Net Assets | |
| fixed assets | assets / | one year | ||
| (liabilities) | ||||
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General | ||||
| General | 1,935,865 | 324,141 | (400,985) | 1,859,021 |
| 1,935,865 | 324,141 | (400,985) | 1,859,021 |
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Markazul Uloom Notes to the Financial Statements Continued
For the year ended 31 August 2022
| Previous year 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 Detailed Statement of Financial Activities For the year ended 31 August 2022
| 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 |
£ 2022 22,086 22,086 257,028 8,570 265,598 4,111 4,111 829 829 292,624 (277,776) 21,321 (256,455) (6,874) (2,683) (39,108) (48,665) (4,795) (4,795) (2,010) (2,010) (4,828) (4,828) (18,247) (18,247) (1,870) (1,870) |
£ 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) |
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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 2022
| Canteen Canteen Cleaning Cleaning Governance costs Depreciation of owned assets Legal fees Total resources expended Net Expenditure |
(700) (700) (8,009) (8,009) (22,186) (3,489) (25,675) (371,254) (78,630) |
(134) |
|---|---|---|
| (134) (2,625) |
||
| (2,625) (22,320) (3,900) |
||
| (26,220) | ||
| (333,407) | ||
| (1,072) |
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This page does not form part of the statutory financial statements