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2022-12-31-accounts

Charity number 1103493

Dar Ul Hadith

Unaudited Report and Financial Statements for the year ended 31 December 2022

Contents Page

Page 1 to 3 The report of the Trustees Page 4 Report of the Independent Examiner to the Trustees Page 5 to 6 Statement of Financial Activities Page 7 Balance Sheet Page 8 to 10 Notes to the Accounts Page 11 Schedule to the Statement of Financial Activities

Registered Office

2 Dudley Street, Manchester, M8 9DA

Dar Ul Hadith The report of the trustees

The trustees present their report and accounts for the year ended 31 December 2022.

Name, registered office and constitution of the organisation

The full name of the unincorporated charity is Dar Ul Hadith.

The non-profit organisation was formed on: 28/04/2004 The organisation is a registered charity. Number 1103493 The registered office is: 2 Dudley Street, Manchester, M8 9DA The telephone number is: 1613171481

The Objects of the organisation and how it is attempting to achieve the objectives

The charity is governed by a written constitution in which its objects are set out . The objectives and restrictions in the activities of the charity imposed by its governing documents are:

(a) to promote the furtherance of the knowledge of Allah (God) as portrayed in the authentic sources of Islam via structured teachings and education.

(b) to providing facilities for the local community in practicing Islam and improving mental health. (c) to provide charitable support by donating to other organisations or communities (national and international) in the furtherance of islamic education and fighting poverty.

Objectives achieved in the year, a review of activities and significant changes and developments and plans for the future

The board of trustees are satisfied with the performance of the organisation during the year and the position at 31st December 2022 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.

The particular ways in which objectives have been achieved are describe below

Achievement of objectives and review of activities

The charity has achieved its objective of continuing to highlight the importance of sports and health education to the Community by:

Significant changes and developments and plans for the future

Important developments during the period included the support from local community.

The charity will continue to support the community and children who require education and help improve their environment through various activities advocated by Islam.

The organisational structure and how decisions are made

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. The charity constituted by the Trust Deed dated 26 December 2013

Trustees and local community meet regularly (the intention is quarterly) to discuss and plan objectives and implementation thereof. Matters of general concern are raised with all members .

Method of election of the members of the board of trustees

The members, who are Trustees are elected and co-opted each year under the terms of the Trust Deed.

Relationships with other groups, charities and individuals

The organisation works closely with the local authorities and Partnership Agencies around Manchester in order to address under representation and support the retention of ethnic minorities.

1

Details of related parties and transactions with related parties

There were no transactions with related parties.

Transactions and Financial position

The financial accounts are set out on pages 6 to 11.

The financial statements have been prepared implementing the Charities Act 2011 issued by the Charity Commission for England and Wales and in accordance with the Financial Reporting Standard 102 and Charities SORP.

The trustees consider the financial performance by the organisation during the year has been satisfactory The Statement of Financial Activities show net outgoing resources for the year of a revenue expenditure nature of £437,560 (expenses) and net realised incoming resources of a £395,501 (income). The total reserves at the year end stand at £81,138 (accumulated funds c/f).

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the organisation's assets are available and adequate to fulfil its obligations

Policies on reserves, investment policies and investment performance

The trustees have resolved to establish reserves to provide for future activities, and the trustees estimate the reserves shall cover any emergency for three to six months.

The grant making policies

The intention is to utilise the income from the funds to make grants and donations to various charities and causes known to the Trustees or in respect of which Trustees may receive specific applications. In certain cases capital sums may be distributed as well to good causes.

The major risks to which the organisation is exposed and reviews and systems to mitigate risks

The organisation is exposed to risks involved in fundraising because its activities are supported by the local community, grants and donations. There are no investment risks.

1. Financial

The organisation is open to the usual financial risks of any organisation, and it has introduced controls to minimise these risks, such as two signatures being required for payments from the bank account. In addition, the accounts are regularly explained to members of the charity and are open for member's inspection at any time.

2. Other

Work with the public is open to risks . The policy is that visits and counselling is done in pairs or groups. New applications are vetted and any problems discussed .

Legal Status

The organisation is an unincorporated charity governed by a written constitution adopted by its members. There are restrictions in the way it is governed and operates.

The members of the Board of Trustees during the year ended were:

1) David Anthony Stonehouse 2) Imadeddeen Almenghawi 3) Paul Richard M Maiden

We wish to thank all committee members and staff team who served the charity during the year.

Bankers

LloydsBarclays PLC, Bank, Manchester

2

Independent Examiners under the Charities Act and details of their qualifications

Shahbaz Munir (FCCA) Adam & Co Accountancy Ltd Chartered Certified Accountants

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. The trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are also responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the organisation and which enable them to acertain the financial position of the organisation and enable them to ensure that the financial statements comply with the requirements of applicable law and regulations (Charities Act 2011 and SORP). They are also responsible for safeguarding the assets of the organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions in the Charities Act 2011 and SORP applicable to charities subject to the small entities regime.

This report was approved by the board of trustees on

12/10/2023

3

Dar Ul Hadith Independent Examiner's Report

Report of the Independent Examiner to the Trustees on the accounts of the Charity for the year ended 31 December 2022

Respective responsibilities of trustees and examiner

The trustees (who are also the administrators of the charity for the purposes of charity law) are responsible for the preparation of the accounts.

The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records.

It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention to indicate that:

• accounting records have not been kept in accordance with Charities Act 2011

• the accounts do not accord with such records:

• where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements and, or are not consistent with the Charities SORP (FRS102)

• any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts.

Mr Shahbaz Munir (FCCA)

Adam & Co Accountancy Ltd Chartered Certified Accountants

This report was approved by the Independent Examiner on…............ 12/10/2023

4

Dar Ul Hadith Statement of Financial Activities for the year ended 31 December 2022

Notes
Incoming Resources
Grants,Legacies and Donations
Total Incoming Resources
Less: Costs of raising and generating funds
Net Incoming Resources available for
charitable applications
A
Less: Resources expended
Management and administration of the charity
Total Resources expended
B
Net Incoming Resources before
C
Transfers ( ie Total A minus Total B )
Gross Transfers between funds :-
13
Net Incoming Resources before revaluations
and investment asset disposals
Net Movement in funds (deficit)/surplus
Total funds brought forward
(previous years)
Total funds carried forward
(current years)
Unrestricted
Restricted
Total
Funds
Funds
Funds
2022
2022
2022
£
£
£
395,501
-
395,501
395,501
-
395,501
364,586
-
364,586
30,915
-
30,915
72,974
-
72,974
72,974
-
72,974
(42,059)
-
(42,059)
-
-
-
(42,059)
-
(42,059)
(42,059)
-
(42,059)
123,197
-
123,197
81,138
-
81,138
-
-
-
Prior Period
Total Funds
2021
£
391,148
391,148
353,939
37,209
50,757
50,757
(13,548)
-
(13,548)
(13,548)
136,745
123,197
-

The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales and is reconciled to the total funds as shown in the Balance Sheet as required by the said Statement.

All activities derive from continuing operations

The notes and schedule to the Statement of Financial Activities on pages 8 to 11 form an integral part of these accounts

5

Dar Ul Hadith Statement of Financial Activities for the year ended 31 December 2022

Statement of Total Recognised Gains and Losses for the year ended 31 December 2022

Excess of Expenditure over income before realisation of assets
Net Movement in funds before taxation
2022
2021
£
£
(42,059)
(13,548)
(42,059)
(13,548)

There were no recognised gains or losses for the year or the prior year that are not included above.

Movements in revenue and capital funds for the year ended 31 December 2022

Revenue accumulated fund
Accumulated fund brought forward
Recognised gains and losses
Unrestricted
Restricted
Total
Last year
Funds
Funds
Funds
Total Funds
2022
2022
2022
2021
£
£
£
£
123,197
-
123,197
136,745
(42,059)
-
(42,059)
(13,548)
Closing Accumulated fund 81,138
-
81,138
123,197
Summary of funds
Designated
Funds
2022
£
Revenue funds
-
Unrestricted
Restricted
Total
Last year
Funds
Total Funds
2022
2022
2022
2019
£
£
£
£
81,138
-
81,138
123,197
Total funds
-
81,138
-
81,138
123,197

IfThe funds transferred to capiupon winding up or dissolu ion t al reservof th e represent those restrcompany there rema n i ctedanyfunds expendedassets , after the csatisfactionnumberof all debts andThe statement of changes in resources applied for fixed assets for organisation's use is shown in theliabilities, the assets represented by the accumulated fund shall be transferred to some other charitable notes to the accountsbody or bodies having objects similar to the objects of the charity.

The notes and schedule to the Statement of Financial Activities on pages 8 to 11 form an integral part of these accounts

6

Dar Ul Hadith Balance Sheet as at 31 December 2020

Notes
Fixed assets
Tangible assets
8
Current assets
Debtors
9
Cash at bank and in hand
11
Creditors:
amounts due within one year
10
Net current assets
Net assets
Capital and reserves
12
Unrestricted revenue reserves
Accumulated Funds
2022
£
30,609
7,328
44,834
52,162
(1,633)
(1,633)
50,529
81,138
81,138
81,138
-
2021
£
38,260
6,093
84,954
91,047
(6,110)
(6,110)
84,937
123,197
123,197
123,197
-

The Board of Trustees are satisfied that the organisation is not required to have an audit by virtue of its level of turnover or by virtue of any requirement under its constitution or otherwise.

The Board of Trustees also acknowledge their responsibility for ensuring the organisation keeps proper accounting records in accordance with the requirements of the Charities Act 2011 as more fully set out under 'Trustees' Responsibilities' in the Report of the Trustees.

Approved for signature by the Management Committee on: 12/10/2023

The notes and schedule to the Statement of Financial Activities on pages 8 to 11 form an integral part of these accounts

7

Dar Ul Hadith Notes to the Accounts for the year ended 31 December 2022

1 Accounting policies

Accounts preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities Act 2011.

The charity is entirely dependent on continuing donations and as a consequence the going concern basis is also dependent on the continuing donations.

The particular accounting policies adopted are set out below.

Accounting convention

The financial statements are prepared, on a going concern basis, accrual basis under the historical cost convention as modified by the revaluation of freehold land and buildings and fixed asset investments

Incoming Resources

Incoming resources are accounted for on a receivable basis deferred as described below where appropriate.

Charitable expenditure

Charitable expenditure includes all expenditure directly related to the objects of the charity and comprises the following :-

Costs of raising and generating funds

The costs of raising and generating funds includes fees incurred in respect of management fees.

Grants and donations payable in furtherance of the charity's objectives

Although there is no legal liability to pay any grant or donation to any organisation , and after approval, it is open to the board to withdraw an approval already granted , either before or after payment of a grant or donation,

Activities in furtherance of the charity's objectives

The costs of activities in furtherance of the charity's objectives represents the cost of goods and services and ancillary trading costs that have been incurred in charitable activities.

Management and administration of the charity

Management and administration costs represent expenditure incurred in the management of the charity's assets, organisational administration and compliance with charitable and statutory requirements.

2 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

3 Analysis of incoming resources and analysis of management and administration costs

The details required by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales (effective March 2005), are shown in the Statement of Financial Activities and also analysed on page 11.

8

Dar Ul Hadith Notes to the Accounts for the year ended 31 December 2022

4
Donations and income generated in connection with the Charit
2022
£
Included in the various categories of incoming resources- SOFA
395,501
(See page 11 for analysis of sources of income).
5
Costs of activities in furtherance of the charity's objectives
2022
£
Total per analysis by expenditure in the schedule to the SOFA
437,560
(See page 11 for analysis of sources of expenditure).
6
Staff Costs and Emoluments
2022
Included in Costs of goods and services -books
£
Gross salaries and wages
212,178
Pension contributions
468
212,646
Numbers of full time employees or full time equivalents
2022
Engaged on charitable activities
25
There were no employees with emoluments in excess of £50,000 per annum
7
Cost of Independent Examiner and accounting services
2022
£
Independent Examiner fees
650
2021
£
391,148
2021
£
391,148
2021
£
180,336
1,457
181,793
2021
25
2021
£
650

9

Dar Ul Hadith Notes to the Accounts for the year ended 31 December 2022

8
Tangible functional fixed assets
Leasehold
improvement
and building
Computer
and office
equipment
Cost or valuation
£
£
At 1 Jan.2022
66,840
14,559
Additions
-
-
At 31 Dec.2022
66,840
14,559
Depreciation
At 1 Jan.2022
40,238
6,362
Charge for the year
5,094
1,639
At 31 Dec.2022
45,332
8,001
Net book value
At 31 Dec.2022
21,508
6,558
At 31 Dec.2021
26,602
8,197
All assets are used for direct charitable purposes and there are
assets.
Leasehold
improvement
and building
£
66,840
-
66,840
40,238
5,094
45,332
21,508
26,602
Computer
and office
equipment
£
14,559
-
14,559
6,362
1,639
8,001
6,558
8,197
Plant and
machinery
£
8,570
-
8,570
5,109
918
6,027
2,543
3,461
Total
£
89,969
-
89,969
51,709
7,651
59,360
30,609
38,260
no inalienable or historic
9a
Analysis of assets and liabilities representing each of the charity's funds
At 31 Dec.2022
Unrestricted
Designated
Restricted
(Current year as per statements)
funds
funds
funds
£
£
£
Current Assets (Debtors + Bank)
52,162
-
-
Current Liabilities (Accruals/ paye)
(1,633)
-
-
50,529
-
-
At 31 Dec.2021
Unrestricted
Designated
Restricted
(Previous year as per statements)
funds
funds
funds
£
£
£
Current Assets (Debtors + Bank)
91,047
-
-
Current Liabilities (Accruals/ paye)
(6,110)
-
-
84,937
-
-
9b
Debtors
2022
£
Trade and sundry debtors
7,328
10
Creditors: amounts falling due within one year
2022
£
Accruals and sundry creditors
650
PAYE/Salaries
983
1,633
11
Bank balance
2022
£
Balance as per bank statements and cash account
44,834
12
Capital and reserves
2022
£
Unrestricted revenue reserves
81,138
Total
Funds
£
52,162
(1,633)
50,529
Total
Funds
£
91,047
(6,110)
84,937
2021
£
6,093
2021
£
650
5,460
6,110
2021
£
84,954
2021
£
123,197

13 Related pary

The trustess confirm that there were no related party transactions during the period.

10

Dar Ul Hadith

Schedule to the Statement of Financial Activities for the year ended 31 December 2022

----- Start of picture text -----
Unrestricted Restricted Total Unrestricted
Funds Funds Funds Total Funds
Incoming Resources 2022 2022 2022 2021
Grants,Legacies and Donations £ £ £ £
Donations 75,553 - 75,553 76,931
Quran School 51,597 - 51,597 48,224
Tuition Club 160,216 - 160,216 143,092
-
Saturday School 38,455 38,455 25,318
Zakatul Maal 13,673 - 13,673 14,405
-
Interest, books, Islamic studies and kids ramadan 3,498 3,498 5,488
Zakatul Fitr 1,361 - 1,361 2,018
Fidya 583 - 583 412
Adult Quran/Arabic class 20,726 - 20,726 29,895
Other revenue (summer school) 1,400 - 1,400 -
-
Government grants (furlough) 28,439 28,439 45,365
-
Total Grants,Legacies & Donations Received 395,501 395,501 391,148
Costs of activities in furtherance of the charity's objectives
-
Cost of fundraising activities - direct expenses 126,137 126,137 129,367
-
Grants payable in furtherance of the charity's objective 10,056 10,056 28,768
-
Support costs (salaries and wages) 212,178 212,178 180,336
-
Costs of goods and services -books 8,563 8,563 6,735
-
Depreciation of assets used for charitable purposes 7,652 7,652 8,733
-
364,586 364,586 353,939
Support costs of activities
- - - -
Marketing of services
Employee costs:
Pension contributions 468 - 468 1,457
Travel and subsistence 845 - 845 -
-
Motor Expenses 7,701 7,701 2,793
-
Employer's NI - Administration 6,274 6,274 2,732
-
15,288 15,288 6,982
Premises costs:
Rates and water 777 - 777 646
Rents and room hire - - - -
-
Light, Heat, and other Utilities 10,181 10,181 9,726
-
Cleaning 1,434 1,434 1,834
12,392 - 12,392 12,206
General administrative expenses:
-
Telephone and Fax 1,041 1,041 1,022
Postage, freight and courier 18 - 18 25
-
Stationery, subs. and printing 12,149 12,149 8,732
Software and IT consumables 4,331 - 4,331 3,325
-
Repairs and maintenance 13,978 13,978 13,049
- - - -
Sundry expenses
-
Bank charges, stripe and paypal fees 4,295 4,295 3,795
-
35,812 35,812 29,948
Legal and professional costs:
Bookkeeping and other accounting costs 7,644 - 7,644 -
Legal expenses/ transfers 1,188 - 1,188 971
Independent examiner's fee 650 - 650 650
-
9,482 9,482 1,621
-
Total spent on all activities 437,560 437,560 404,696
-
Surplus / (deficit) for the year (42,059) (42,059) (13,548)
----- End of picture text -----

11