Charity number: 1095179
## Azharul Madaaris
Report of the Trustees and Unaudited Financial Statements
For the year ended 30 November 2022
Azharul Madaaris Contents Page For the year ended 30 November 2022
|Report of the Trustees|1 to 2|
|---|---|
|Independent Examiner's Report to the Trustees|3|
|Statement of Financial Activities|4|
|Statement of Financial Position|5|
|Notes to the Financial Statements|6 to 10|
|Detailed Statement of Financial Activities|11|
## Azharul Madaaris Report of the Trustees
## For the year ended 30 November 2022
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 30 November 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**
The objectives of the charity are to provide islamic and secular education to adults ad children in the Bradford area.
In furtherance of these objects and to provide adequate provisions for both islamic and secular studies the Charity provides building space/facility to the local community of Bradford.
The charity aims and seeks to prepare the students of raising awareness of different cultures around us and to show respect and being tolerant to the wider community.
The charity also aims to provide students the opportunity to excel in their academic, spiritual, moral and social development.
The charity currently has 3 volunteers and has on average 130 non residential students (both male/female).
## **ACHIEVEMENTS AND PERFORMANCE**
The Charity has commenced charging students for the services provided to fund the increased running costs of the charity. To that end, the charity received a fee income of £33,150 in the financial year.
The Charity continues to receive rent in the sum of £7,200 per annum from one of the charities premises rented out.
The Charity also received donations in the sum of £39,571 as the Charity raises more funds towards the running of the organisation and towards a small expansion of the premises to accomdate student services such as ablution, more toilets etc.
There is a significant increase in cost of running the charity as the Charity incurs cost of professional fees, books etc and higher light and heat costs due to substantial price increases in the market. The total expenses of £44,835 is an increase of £28,902 from previous financial year. Overall, the charity has made positive gains in the year (net surplus) in the region of £35,085 compared to a net loss of £2,989 in the previous financial year.
## **FINANCIAL REVIEW**
## **Reserves**
It is 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.
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
**Name of Charity** Azharul Madaaris **Charity registration number** 1095179 **Principal address** Youth Activity Centre 102 Princeville Road Bradford West Yorkshire BD7 2AR
## **Trustees**
The trustees and officers serving during the year and since the year end were as follows:
Mr Hussain Gora Mr Ismail Mohammed Saeed Raja Mr Ismail Bhana
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Azharul Madaaris Report of the Trustees Continued For the year ended 30 November 2022
## **Independent examiners**
Salim Hajee 251 Derby Street Bolton BL3 6LA
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 20 June 2023 Mr Hussain Gora
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Azharul Madaaris Independent Examiners Report to the Trustees
## For the year ended 30 November 2022
I report to the trustees on my examination of the accounts of the charity for the year ended 30 November 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**
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:
1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. 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 Limited
Salim Hajee 251 Derby Street Bolton BL3 6LA
20 June 2023
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## Azharul Madaaris
## Statement of Financial Activities
For the year ended 30 November 2022
|**Notes**
**Income and endowments from:**
Donations and legacies
2
Charitable activities
3
**Total**
**Expenditure on:**
Raising funds
4
Charitable activities
5/6
**Total**
**Net income/expenditure**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
39,570
40,350
**79,920**
(5,314)
(39,521)
**(44,835)**
**35,085**
141,394
**176,479**|**2021**
**£**
5,744
7,200|
|---|---|---|
|||**12,944**|
|||(4,810)
(11,123)|
|||**(15,933)**|
|||**(2,989)**
144,383|
|||**141,394**|
4 of 11
## Azharul Madaaris Statement of Financial Position As at 30 November 2022
|**Notes**
**Fixed assets**
Tangible assets
11
**Current assets**
12
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within one year**
13
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Unrestricted income funds
14
**Total funds**|**£**
**2022**
158,125
**158,125**
169
18,513
**18,682**
(328)
**18,354**
**176,479**
**176,479**
176,479
**176,479**|**£**
**2021**
131,389|
|---|---|---|
|||**131,389**|
|||165
10,212|
|||**10,377**|
|||(372)
**10,005**|
|||**141,394**|
|||**141,394**|
|||141,394|
|||**141,394**|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr Hussain Gora Trustee 20 June 2023
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## Azharul Madaaris Notes to the Financial Statements
For the year ended 30 November 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.
Azharul Madaaris 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:
## **2. Income from donations and legacies**
|**Unrestricted funds**
Donations received|**2021**
**2022**
**£**
**£**
5,744
39,570
**5,744**
**39,570**|
|---|---|
## **3. Income from charitable activities**
|**Unrestricted funds**
_Activity 1_
School Fees
Other Income
**xpenditure on generating donations and legacies**
**Unrestricted funds**
Legacies|**2022**
**£**
33,150
7,200
**40,350**
**40,350**
**2022**
**£**
5,314
**5,314**|**2021**
**£**
-
7,200|
|---|---|---|
|||**7,200**|
|||**7,200**|
|||**2021**
**£**
4,810|
|||**4,810**|
## **4. Expenditure on generating donations and legacies**
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## Azharul Madaaris Notes to the Financial Statements Continued For the year ended 30 November 2022
## **5. Costs of charitable activities by fund type**
|**Unrestricted funds**
Activity 1
Support costs|**2021**
**2022**
**£**
**£**
1,292
2,460
9,831
37,061
**11,123**
**39,521**|
|---|---|
## **6. Costs of charitable activities by activity type**
||**Activities**|**Support**|**2022**|**2021**|
|---|---|---|---|---|
||**undertaken**|**costs**|||
||**directly**||||
||**£**|**£**|**£**|**£**|
|**Support costs**|||||
|Activity 1|2,460|37,061|39,521|11,123|
## **7. Analysis of support costs**
|**Activity 1**
Finance
Telephone
Governance costs|**2022**
**£**
14,888
524
21,649
**37,061**|**2021**
**£**
9,356
457
18|
|---|---|---|
|||**9,831**|
## **8. Net income/(expenditure) for the year**
|This is stated after charging/(crediting):|||
|---|---|---|
||**2022**|**2021**|
||**£**|**£**|
|Depreciation of owned fixed assets|5,314|4,810|
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Azharul Madaaris Notes to the Financial Statements Continued
For the year ended 30 November 2022
## **9. Particulars of employees**
|Admin|**2022**
0
**0**|**2021**
0|
|---|---|---|
|||**0**|
## **10. Comparative for the Statement of Financial Activities**
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
## **11. Tangible fixed assets**
|**Fixtures and**
**fittings**
**Plant and**
**machinery**
**Land and**
**buildings**
**Cost or valuation**
**£**
**£**
**£**
8,395
2,599
181,500
At 01 December 2021
-
1,380
30,670
Additions
At 30 November 2022
**212,170**
**3,979**
**8,395**
**Depreciation**
5,744
1,828
53,533
At 01 December 2021
Charge for year
1,679
464
3,171
**7,423**
**2,292**
**56,704**
At 30 November 2022
**Net book values**
At 30 November 2022
At 30 November 2021
**155,466**
**127,967**
**1,687**
**771**
**972**
**2,651**|**Total**
**£**
192,494
32,050|
|---|---|
||**224,544**|
||61,105
5,314|
||**66,419**|
||**158,125**|
||**131,389**|
## **12. Debtors**
|**Amounts due within one year:**
Prepayments and accrued income|**2022**
**2021**
**£**
**£**
169
165
**169**
**165**|
|---|---|
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## Azharul Madaaris Notes to the Financial Statements Continued For the year ended 30 November 2022
## **13. Creditors: amounts falling due within one year**
|**Creditors: amounts falling due within one year**|||
|---|---|---|
|Trade creditors|**2022**
**£**
328
**328**|**2021**
**£**
372|
|||**372**|
## **14. Movement in funds**
## **Unrestricted Funds**
|_General_
General
**Unrestricted Funds - Previous year**
_General_
General|**Balance at**
**01/12/2021**
**£**
141,394
**141,394**
**Balance at**
**01/12/2020**
**£**
144,383
**144,383**|**Incoming**
**resources**
**£**
79,920
**79,920**
**Incoming**
**resources**
**£**
12,944
**12,944**|**Outgoing**
**resources**
**£**
(44,835)
**(44,835)**
**Outgoing**
**resources**
**£**
(15,933)
**(15,933)**|**Balance at**
**30/11/2022**
**£**
176,479|
|---|---|---|---|---|
|||||**176,479**|
|||||**Balance at**
**30/11/2021**
**£**
141,394|
|||||**141,394**|
## **Purpose of unrestricted Funds**
## General
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustess.
## **15. Analysis of net assets between funds**
|**Unrestricted funds**
_General_
General|**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
158,125
18,354
176,479|
|---|---|
||**158,125**
**18,354**
**176,479**|
9 of 11
Azharul Madaaris Notes to the Financial Statements Continued
For the year ended 30 November 2022
## **Previous year**
|**Unrestricted funds**
_General_
General|**Tangible**
**fixed assets**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
131,389
10,005
141,394|
|---|---|
||**131,389**
**10,005**
**141,394**|
10 of 11
## Azharul Madaaris Detailed Statement of Financial Activities For the year ended 30 November 2022
|**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
**Charitable activities**
School Fees
Other Income
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Depreciation - owned assets
**Charitable activities**
Books, Stationery and school trips
**SUPPORT COSTS**
**Finance**
Rates including water rates
Light and heat
Repairs and maintenance
Insurance
**Telephone**
Telephone
**Governance costs**
Legal
**Total resources expended**
**Net Income**|**£**
**2022**
39,570
**39,570**
33,150
7,200
**40,350**
**79,920**
(5,314)
**(5,314)**
(2,460)
**(2,460)**
(1,428)
(11,907)
(437)
(1,116)
**(14,888)**
(524)
**(524)**
(21,649)
**(21,649)**
**(44,835)**
**35,085**|**£**
**2021**
5,744|
|---|---|---|
|||**5,744**
-
7,200|
|||**7,200**|
|||**12,944**
(4,810)|
|||**(4,810)**
(1,292)|
|||**(1,292)**
(1,592)
(5,858)
(863)
(1,043)|
|||**(9,356)**
(457)|
|||**(457)**
(18)|
|||**(18)**|
|||**(15,933)**|
|||**(2,989)**|
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This page does not form part of the statutory financial statements