Regi&ered Charty Number 1106630 Registered Company Number 5117582 Al KawtharAcademy & Subsidiary Undertaking Annual Reportand Financial Statements 31 December2021 l.:111111111 COMPANIES HOUSE
Al KawtharAcademy & Subsldiary Undertaking Annual Report and Financial Statements Contents Charity and Compary infomiation Trustee's Report Accountant'$ report Statem1 of Fina1* Acliviti8S Balance sheet Notes to the accounts 10 11
Al KawtharAcademy & Subsirfw Undertaklng Annual Repryt of th¢ lrnstses for the yw ended 31 DKemb•r 2020 Introduction Th8 trustees 1r ern wort wJ acco$ forl1 yew ended 31st 0&efier 2U21. The board of tnvstees are satisfied ith ts perfornwKe of th8cPwty d}ng the year arnl the position at 31st December 2021 and consKlerthat the chanty is in a stmr¥J position lo continue tts activities during the comin9 year. Iht t charivs assets adquate kn fdfill its obligab'ons. The fina181 statements comply V4ith the Charities Act 2011. Companies Ad 2[6. the MemoTrndum and Artsclfts of Associthon. ¥KI Accounlirwj Rq)ortirwJ by IrtIo5. Statement of Recommended Practice (FRS 1021 N8me, wsteTrd dfi¢è arnt cCti1ft ol thp chgrity The full name of the chaiity is Al K•thw Academy The legal registration details are :. Date of incoiporati Company Rvstl0 l+lumlw The RegisteTrd Office is Charity RegistrntAin Nurnlw The teleph(¥ number is 5117582 62 (>Jugh Roal Le1¢1¥ LE5 4AN 11630 0116 2461011 Purpose, Impact and kllvitl•s of thechwlty Publlc benefft that Is provlded by th¢ tharfty Al Kwlrthar Acaderny pm0$ positivdy the pristir message of IS1 b) the ErYJlish-speakirKJ pthlic arm1 fr) edate mlIM$ and Tr)n-Muslims on vaTrow a$pts of blam. Tlweby, fv provision ol such public swvices t only equips beneficiaries to benefit themselves. but dso members of tha V•id8T comrnunily vknere liv8, prOtij harynony aTrJ uNletstandiTrJ in ow nth".fatih clur81 society in the United KId0M. Aims Charity (Xlttts: To pwje clo1th1e activities fortr ba11 oflhe Pknlim Comurrity. We endeavor to become a reliable refere arnl a val)le resource of •Jthenlic tslamic knOdge in the English language to facilitate Muslims aTrJ NormUSMS alike uThJerslaNJ Rligion of Islam. Al Kakthr Academy ms ts) help: Prdserv8 and pjvfflotg PthB message and sthlimè val5 of Isl•n. Faithfully Convey eduCaOnal Spiri legxy ofthe dassieal st115 10 Muslirn5 of b)day. Provide and encourage the pu1 of krlJge with to classica sources. Tho Gharity'$ principal activity in furthwance of its objectives is prtJvidirrfJ a seThi¢e to the public fortheir religious knovledge needs arbj facilitatirwJ social mler related questiorns lo be answergj by qualrfied schola. Summary of rn•in odivilies in relatlon lo Its oblKts [r strdtegy for achieving Ihe eharity's objeclive5 I[118S Ihe dtsswination of kTr)VA98 through the meang ol ¢onductsng IturES and the provision ol advice to benBficiarios. The obigcts arg Pulj in a variety of ways, irtl¥Aing owanizwwj of lomia talks arvj ItUres. in positiv8 campagn lo intrDduce Ih pristif ftwè of Lslam kn Ihe EfvJli$h4peaking public and lo educate Muslim5 and r¥)n-frknlin on Vario aspecb of tslJn. Achlevements and Perfomian¢e of the Clhwity A rpview of charitable activtties undertaken by Al Kawthar Ac•J•Tri tAs over tt* past year.
Al KawtharAcademy & Subsidiary Undertaklng Annual Report of the lrystees for the yw ended 31 tle¢emb•r 2020 Ciyanis•J regdai lttlw. seftmnars ajj speeches in associabon ilh varfous Isl¥¢ oftjarizatior nationally thJDyghoul the y. Conducted teaching ofArknic aThJ Islan4c sknlie5,' #Me lessons aB in English. Replied lo que5110r and quwes for rdigious infotion aThJ advice. Respond&J to requesis of assislm. offeor¥ of CoelIng. mrd advice spiriknal guarte. Fundraising acllvltles The chanty does not aclively IraiSe rr leS on donaborfs from its domrs. knse svpport is valued. Donations have been weivwj ffAinly as a Mull of wvrf-of-ffK)uth pIll¢lty. Volunteers We are grateful lo the nLvnerous volunteers that support t1 charfty reSSary kledge, experience and skills to be able to operate the charity- Summary ofthe rnain achi8v•mgnts of thg charity dunry )wr We continued the opportunty fry beneficiaries to StYY arnl IrKlerstand most aulhgntic book of tfdditions {Saheeh Bukharil and the aan in Er¥Jlish laryuage. laLwJht a1 explained by qualrfied Sthlaro. This has been a unique opporbjnity for bwelicianes this is ts fir61 bme that Saheeh Bukh has been explangj in Erylish. Gov•manc• and De¢lslon Makln9 Nature ol Govthng Doeunent and con$titubonof fv ¢h•ity The ¢harity is ¢OnstibJl ag a conwany linit&l by gumlee aTrJ 15 thEID[e go¥•¥ by a mwnorandum and articles of association. Tr dit0{$ of the company are also iwstee5 of the charity. Eligibility for membetship of the charity and munbership of t1 board of twslees is govemed by the memofaThJum and 8iticles of association. Thwe are no $th"¢bOr in ts gOVrdrj document on the opeption of the chanty of its investment POWW5. other tron trKJse impos&1 by ge81 Cknty l•.
Al Kawthar Academy & Subsidiary Undertaking Annual Roport of the truses for the ffjdod 31 De¢embw 2020 Re¢Tuibnent and appointment of trustees The process involves detemiining the optimum skils. kThJvl and experience mix forthe: current operational climate and idenl'fyirwJ rx)tsntial memt5. womobng aThl explaining the aclvith'es of the Board to lentla1 members. Quality. characteriths and qualfications are decided Up when selecting membws of ts Board of Trues. Relatlonshlps bolw•en thg charlty and related partlos The induction of new Trustees would include an explanati< of ts funclKW) of the Board of Trustees and appointing a mentor forthe new member to the Board of Trustees. An overview of the organizalion and ts acbvttses is tKovid8d. thwmng aptKopYiate trdiniThJ is recommended. Operating Ilodel and Rhls We fund oui woth with Irn our dor•)ts aThJ &T abl• b nwintsin a locus on thwilable a¢VI9S nwntsining our cost base to opwats I1 swlices for th berficiwies. Ris man4ement: Al Ka%•Ahar Acadwny take 1r responsibilities to¥wJs volunteers. staff. don0 ar beneficiaries very seriously. An important aspect of dischaffJirKJ these resportsibilities involves Ihe identificalion aThJ management of potential risks ltst migm compromise staff. r&50wces, or ability lo delivercharitable programmes. The Charity, therefore, has the ullimate dirty to regulaty identrfy the risks to hich the Charity is exposed, a1 ensure Ihal appropriate conlrols we in place to provide Teasonab assurance against f rydud. malicious acts. and error. The Truglees are satisfied that all syst8 arB in ple or wangements are in to manage the risks that have been idenlrfied. haviTrJ eru[ed segregation of dulles. h partiCLdaT Inswance cover is in place and the finances of Al Whar Academy are kept under revlew. ApprDprie Disclosure a1 Balry Service {DBS) checks. supported by rggularfy reviwNed policies are mgde forall those who ¥Tk with any vulner grDUPS 7Mlhin ¥ademy. COVID Slat•ment Th8 increased infection risk of COVD-19 dtwiTrJ Mh 2020 had ils impact on Al Karthar Academy as follow. As re9uIt of ihe COVID pawjemlc. w2 adapled our aPpaOh lo embrace tts online teaching Syst, Al Khar Academy developed all the teaching materials in temis of Power po ints, Words. arKI Pdf documents to be delivered tl¥owh tt¥s ortine texhiry system. aThJ all the required logistics fordeliverir¥J t$ material. To support our stLbJents durirwj the impaet of the pandemic. v applied consideration of financial diff icult1 arKI otherv+Ellbeing measures supported ours1sents to continue leaming. Our financial health arnl continued sw)port for Al KaAhar AcJemy facrfilated our income to increase during ItrEse chalkrvJing liffes as sh NJ Kadllw Academy has sufficient free elVeS lo continue SLKcessfulty. Flnanclal Revlew Pollclès on reseOS The charity works closety with the other wganizatims lo present trt wtsb'n8 message of Islam to the English-speaking wblic artl tr) edwate Mw4ims aThJ ThJ)-Muslims vJi¢xJs aspects of Islam.
Al Kawth¥Academy & Subsldlary Undertaklng Annual Report of th trustses for the yw ended 31 D•cember 2020 The trjstees have resolved ID ebtish ServeS &) provide for fu aclvities. arbj to provide funding the expected expenditure for SAX months ahead. Tr [KIY on reserves is that the exisling assets are retsined to lUC8 incomewhich is wholly uiilized to suptmjl existing activities. Trre is no inlention in Ihe h)ng temi to ather increase ¢y reduce the ¢apitsl gnificanty. This pdicy is jIlfIed in trwt it is necessary kn preserve income at the preswrt leve15 in order to maintain the activilies of the charty. The principal fting sources during the ywdr vras volunlary donalions as a res ofthud of moulh rxjblicity. MiniMn expenditure TKas incuThed in relalion b raising furth. The tr)ard lif trJes is satisfied that Ihe charity's assets in exh furKI a availaLqe aThJ adequate to fvlfill its obligab.ons in respect of each fuTrJ. Availability and adequacy of assets of each of the funds The board of trustees is satisfied that the Chanty's assets tn each fund a availalk and adequate to fulfill its Oblitils in rewt of each fur#J. principal furKliryJ sources duriro was voluntarily donatiorts as a of of mouth publicty. Transactions and Financial posilion The financial statements are sel <xrt on pages 9 to 15. Th financial statements have been prepared implementing with the Charities Act 2011. the Companies Act 21K. the MemorarKlum and Articles of A&YKiation. and Accwnl'rKJ and Rerth'ng by Charities: Slatemenl of Recommended Prdcl'ce ff61( The Statement of FAn¢la Acl'vilies rt inc(Yne of £125.497 year net income £120,989). The majoiity of expenditure is SO deliverir¥J the charitsNe aclivstes as ted in the Cty'S aims and (tyb'ves.
Al Kawthar Academy & Subsldlary Undertaklng Annual R•port ol th• tntstees for the yoar •nded 31 D•cemb•r 2020 Speclfic changes In fixed assets The board of trustees is satisfied #) ts ch•ity's asts in fuTrJ a availatle and adelate ID fulfil its otligations in respecl of exh I. ChaNJes in fixed assets we shon in dil in the teS kn the xcowts. Financial p•rfonnance of the chwftles subsidl¥y undertaklngs Al Kawthar Pr0(11.0nS generated a net10&8 d £17.097 in 2020 Iwi(K year k)s&' £16,742) details given in Note 5. Tr principal aclivty of the company duriNJ Ihe yearwas that of the promotion of audio leclures and wrikn mat£rial. It &tivities ¢ty1tritwt b GreatrKJ awareness aThJ promoting the charilable th of Al Kawthar Acthy. Share Capital The company is linil8J by gréntee tlRfore trAg no wilal The membets of the Board ol Tntstees of the Chty duriry the year ended 31st December 2021 Ire :. A Rahman M A R8shid A Memi All the directors of the Comp are also tnstees of the chkn. aThl their SponSibl1111es inclLMle all the ponsibilithes of dIt00 er tr Comp•ies Acts and oftstees wkjer the Charities Acts. The dirEctrJBltruslees 11 nnerS of ch The membffls of the Board of Tnjstees of lknty at the dale th& report aCcOts approved were... M A Rahman M A RaSd Banka5 Nalwest 8inningham City Centre Brdrh 8im)iNJhan Statement of DITeCS. and Trustees. Rwonslbilill•s The charfty's tnsstees a sponSible for1 proparation of lh8 xcounts in accordance wth the terms of the Charities Acl 2011 Charities (Accounts Reports) Re9a.0fts 2Cfj8. NOthstanding the explicil requiremont in the extant slatutory regUlatrts. C1%3rities (Accounts and Reports) Re9ulations 2008. to prepwe the financial statements in xco019 wilh cuThent b851 pwb'ce ar¥J pryaTr ts accounts according to ts Charities SORP. In particular,charity law requires the Trustees.rf they prepare accounts on an accruals basis,to kyepare financial statements each financial yearWhh give a true arKI fair view of the state of affairs of the charity as at the end of the fTh911aI year and of the surplus or deficit of the charity. In preparing those fInarla1 Statnts ts Tnths are wuired tsi:_ To prepare the accounts in acCoanCe 7hith United Kingdom ¢1811Y Accepted Accourl¥j PKl¢e (Uni Kingdom Accounting Standarfs applicable la*1 Select siitable accouNiThJ polirie5 apply ttwn consisknly., Make judgements and estimates that are wonable arvj pnJI( Prepare the financial statements on going concem basis unless it is inappropriate to presume that the charity wlll continue in brneSS. Stale ther applicable &countwvJ stwxlards Stste of recommerKled practice have been follo. subjKI to matwial depathre5 disclosed WKI explained in Ihe fir581 statements.. The law requires that the tfttstee5 mt not approve xcounts uths they a satisfigd that tw give
Al Kawth¥Academy & Subskllary undertng Annual Report of the truses for Ihe year ended 31 Dec•nber 2020 a In and farview of the state of affai ofthe chth and of the Su1$ or ddicit of the charity forthe year. The Tnlee$ aR Also responsible for rn•nta'niffWJ •Jequate accourthrg wthich disclose with sonable accuracy at any time the finala1 position of charity and which sufficient to show and explain charity's transxtions and enable them to wtsure that the financial statements comply wth regulations made uThJer the ctsrity legislab'on. Ily art dso Rsportsible for safeguarding assets of the charity and hence lor lakiwJ reasonable steps forttr preventK)n and detection of frdL*J" and other iffegularilies.The Twstees are dso responsible forthe contents of Ttee5. report ar¥J th8 accountant preparing ts accounts has no resportsibilities in lation to the TNslees' The financial statements twie been tryared implementiThJ the Statement of Recommended Practice forAccounting and Repyting (FRS102).These acc(xJnts have been prepared in acccidance with the provi9.t in Part 15 of ts cmpanieS Ad 20Cfj and SORP 2019. Mr M A Rashld Diredor and Trustee . 29 Septemr 2022
Al Kawihw Acadery & Subsldlary Undertaklng Annual Report of the trusthes for the y ended 31 De¢emt 2020 Report of the Independent A¢¢ountanl lo th• trust••s on th• accounts of Al Ka¥rthar Acaad•my for th• y•ar endod 31 D8c•mlJ•r 2021 We port on the fironcial statements of Il clwty on pages 10 to 16. Respedive responsibilltios of dlrectoys and examin•r The trustees (who are also the directo of the company for the pwposes of company law) are responsible for preparatton of the XCOLWrts. The ttee$ Co•der that an a11 is not required for this un(Jer section 144(2) ol th8 Charities Act 2011 {the 2011 Act) and that an independent examination Is needed. The charity's gross irfome did excwj £2YJ.C(Kl l am gualrfied lo undertake I examination by beir#J a qualif led member of ttE Association of Chartered Certrfied Accountants. Having satisf led mysdf that the charity is r1 subiecl to under company law arNI is eligible for independent examination, it is my responsibilty to: examine the accounts urLler seCtn 145 of 2011A¢t to follow the Procedures laid dovm in the Dirgclions given by the ttle$ C<•mmission under section 14515Xbl of the 2011Act lo stale wbethw particular matt5 have cometo rny attwtio Basls of Ind•pondont oxamln•fs vpport My examination VAS carried out in &cordarte with ge4 Directiorts given by the tharity Commission. An ex&ninalion irt7e$ a miew of the aceountirwJ records kept by the charity and a comparison of the accounls presented with tPK>se records. 11 also considertion of any unusual items or disclosures in the accounts. and seekiNJ eXpl¥bat)nS f rom you as tnjslees conceming any such matteTr. The proCedUS Undtak do not provide all eVIder that be required in an audil and consequently no opinion is given as to whether the &counts present a 'tn and fairvievl and the report is limited lo those matters set in t wt sta¢emenL lftdependenl Examlnets Statsment In connection with ffly exarninalion. no matlw has cometo my attention: (11 whsch gives me Tsasonable cause to bdieve that in matefial rEspect of the wuirements". - to keep accounting records in accordwKe fjth sedion 386 of tre Companies Act 20C6 and lo prepare accounts vhmch aecorrl wth the accounllThJ records. comply with the accountirKJ requirements of section of the Companies Act 2( *ryth the meth)ds principles of th8 Statement of RetommeThJed Pr¥tice: ACcourj Reportiry by Charities. The Examinefs relev8Trt prDfessiord q11¢atIn is: Charte1 Cqtified Accowtsnt Virtus Financial SeThices Chartered crfled Accountants Bimiingham The date upon vthith thi5 report vms compb8ted is.'_ 18 Septbe[ 2022
Al KawtharAcademy & Subsldlary Undertaking Annual Report of the trustses for the yw eThled 31 Dècember 2020 Consolldated Statsment of Flnanclal Actt¥ltles and Income & Expenditure Account for the year ended 31 Oewnber 2021 Total FufMI$ Funds FundB Funds 2021 2020 InGom• Donation5 and legaues Incorm fvom chliAt 4¢t1vil5 19,483 221720 19.483 2rJ.720 48.369 137.551 Investmen 49.563 Total Income 291M Raisino Funds Charitable aclivith•5 23.912 142.795 22.912 142,795 21.167 116.508 Total expendiknre 165.707 165.707 137,675 Nat 1n¢omel{¢xpdIlUr•) and net mov•m•nt In funds for the year Gain51llosse5lonR6valvation olPtopwty 125.497 125.497 443,8n N•t hlovement in Funds 569.370 .370 97.808 Ra¢onclll•Uon of lunds Total lund$ brought foly1 466.(67 368.259 Total Funds carried forward 15 1m4437 1.035.437 466,067 Statement ol f inancial xtiviiies irt1Je5 all gal *K1 losses recogriz&J in the year. All income and eXPJ1tUrfr are derrved from nti1rj xtivities. 10
Al KawthwAcademy & Subsidiary Undertaking Annual Report of the Ift for the ygar •nded 31 Dgc4mb•r 2020 Al Kawthar Academy & Subsidiay Undertaking Consolidated Balance Sheet as at 31 DKomber 2021 2021 2021 2020 Group GrP Charlty Flxed assfjts Tangible assets Investments Total ffxed assets 163,816 525,861 689,677 689,671 163,816 258.264 258.264 10 258,264 258.266 Current assets Stod( Debtors Cash al bank in Total cutrenl assets 11 12 9.111 142.624 154.011 44.955 43.467 Creditors: . amounts due wthin one year 13 13.470) I3.) (7.0391 (5.583) 347.456 227.850 ,249 Total Sets less curnent Ilabllltles 1.OS5. 1.037.133 486,116 464.515 Creditorn". amounts due after moTr than y 14 120,525) (17,656) 120.049) (18.6291 Net assets The funds of the dHnfty. 1.035.435 1.019.477 466,C67 445,886 Unrestricted rever cumlated fwwj 36S.075 346.248 r31.643 208.594 Designated fixed asset I1$ Revaluation Reserve 226,487 443.873 229,356 4143.873 234.424 237.292 Total unre8trlcted funds 1.035.435 1.019.4TT 466,067 445.886 Totsl charity funds 1S 1.035.435 1.019,477 466.067 445.886 The knJ$tygs havo prepar¢d group acttMJnts li aCCoan(e seL)ft 398 of the C¢mpan$ kt 2006 and 5ecb)n 138 01 the Charfjps kl 2011. Audit Exempbon For the fin8n¢ial yearin questionthe c%)mpanywastntiOèdb) txèmpiion underseclion477 ofthe CompaniesAct2006 relating to small companies. No member5havewuiredlhe companybjobtain an auditol tls artsuntsforthe ytrar in question in accordancewilh section 476 of Ihe Companie5Act2006. The directsrsacknowled9etheirresponsibiltyfor complyingwith Ih6rtsquirpmentsofth8kt with respedkn accounting rgcordsandfortho proparnl"OfthOarKounts. These a¢¢ounts have been preparedinaco)rdanc•wth th• pMm"$)nSaplcabbto¢xjrnP4nIesSubJeClty the small companiesregime. Tho notes at pages 12 to 18 form partof theseacajunts. TrusteelDlrector M A Rashid Approved by the board of trustees on 29 Septsmbqr 2022 11
Al KawtharAcadery & Subsldlary Undertaklng 12
Al KawlharAcademy & Subsidiary Undertaking Annual Report of the In1¢¢$ fDr the ended 31 Dewnber 2020 Notes lo lh• accounts Aceounw polKs Trt an1stat9nntshob• l18roydahM¥nfiIgahdl1•ptyts9tsyltsS. St8t8llrtofPernnnO&d Pracll¢e app1Kab to ¢h8ths 8nd CO¢8$ Aol 2006. Atr and kbfkns knlialf (OtOgni•d •t hslovl c•stor fran5a¢in unk¥¥ Dlherhise statednthfrTrbvanlacrxiunlng ponolrf$l. Advantsg h05bewtakwofS¢¢trbn396151O1Thryont2¢10ak>¥lhoDTOI0ffv thanc48tateffwto be adakrtedlo r8fl8ci the spechlt)alu olth¢thartlsopÈralKinand oNIgTtog)rytyth the Mquivff•rtsofthvSORP. The PaLra¢9)Yntin9 polvesodopd8Tr5810Uibebw. b) ACcotsnI1 wi¥gnt)n Th6fv)antialstatsrn•ntsar• prtpar•d.¢n agokng c•nw bas4 undwthg hby4lrosl¢>xwonk•n. Incemmg Rosourtos Incorring r850vrc8s aTractount•dforon a Tr¢et•abl•ba8 l1j$tnI Incon Rèntaliioitr is 8IKl•XpenthU arWArfnetofcoyffj8TrJ8%on8 Tr¢8Kbbb8815. cl Rewgnhk)n ofkb•s L¥bffts8r8 re)n¥6 on lh8 8ccn1abba acYJryjanThh n(wnBlaccouThlA¥ pmis.nwdhdlwp Thece55aryin 4Cf4)rdanG with the guk4arbcegNeTrin the Stat•TrntofRewwfflTr(dPBctKforAcwunwgand Reprthg iBsuedbylhoChatyCoThsh)TreTrforEnglat)d &Wal•s. ) E¥endlup In particularthe p0kYforcin8 •nEfAhkn c•ofgAngTrlryfvn¢&(h•rt•ba¢4i5andgo%Vmw r>)slslB.' 8) Rath7wfunds Theeoststsfrti5th79 ?ndgenerdlVrwj$m¢H1OI0O5w¥Th8rt8nd8othO?sllOJrn in resp•cl of inve51menl nwn896fftnt. Ch8ri18bieoxptrndituM shauinthdtral•yrnlkndiEthtttdbjtheQbPCtsoltherJrtyknCh4 Ihe ff9:_ Theo)stolgoodsan¢J seryKt$and aTrtil8rytr8di19 (8l¥lhèth8b DityJnEd Dicharl•b ac1p41tsAnY5lffCasls i ncuvred as a dI¢t Supportco$tsofadMIs Supportcostsofadpi¥for48rtab PUTrOaeSLxMWa419 afvyo)s•xknJiws•rycostsolanyslaff thatarB iupporiin9 the g) Gom8nce Go%marLce wst$sballffj(Jdealeyp•ndldofrfIjwOdi1tho M•nag8mrtofth•iartSas1•tsandwrrknc•ch•r14b1e4nd stalutoryrequlreThnt& IJ) AL+x8lwofcosls wh•i fype$olm>)urt¥s•wrtd•d Th• mthtsds8nd wvir4)r•sfortheaN)r•lb andaryorfoTrT¢nlotalO)sbemOn IhedMwentactTrrftycatswJtss OrS0u¥S 8•10th above 8re:. Thoreare a numberofto$ts.the * li wnpraabkn¢oo&xatelhese (x)st5precxtybefywn adnkni5tiBkn and<art8bJa8xponditur• and thttFU51e•s havealbcaled suchc05tsonlhebaofro88onS esbff•&as fo)ws:. Staffing co8lsand ieted B4SSISES On the b&4sofsolary Gos1¥, and estxr•le41kngWtoDdltwoiiath8Prnwts880)stsand rèkntedoxpse ohtho b8¢0fi$isi•nt wtlh Ibe useofrngoufC8S. Grnup Stat•mgrt Th8finan¢ialstalonxntsofthoCth8W$trAdiig Wb¥KliJrywany.PJl(4thorPrn¢Ju(aKmsLid.wpcon5thYatlthffithe accounts of the Gnupon a I by ba$ts, in aLortsncth rfinI kngt•)n.The St8tsffrtoIF8rKlalAupiitSffiC$j0SStheicoTh and &xp&ndllur Irom Ihe subshjfjèry wrrpany. A $6parato siatennt ot Finanraal AdNkns. or rwmo and &XndIrE acwunL forth8 rarty nol prsèntsd bcausethtthaMYh4St•kgnoOrIofth88lWVlkn8ff0fiJ•j by88ciD408ofth8C4wiosNA2006. t•39iVtsd•ts0Ith intyJrr¢4ndexpendrtuTroflhe tsad9gJbshJ. Al KawtharProdudknnsLid conswJer&dlobgannlrmsrp8rtofAIKath4rAc¥derya¢iBtsry Isobpthos. as88ts 8nddepre¢iK)n All tan9fa$SÉts. aSledtlS1S8Qe(4a1n.IleSOI8SIh£l[Ki81è0lUp10d.Dopml7a1MnhBsbQ¢rbp1J0 al th¢ felowg In0rder 718 off the&¥ets($5 IheY8XPorAe¢J B5hYualvabJe lowrth88slDTo18¢J use1u1erth¢) Freehokj bnd and buldvry$OverSOyea Plwnland machitheryover1s>4S1ra3htknebaSS& FkKturfj$. rrtbngsO¥er6 y•8689hI Ine bas OlfK¢gguipnwntOvgr4 >par5#Tr1ghlbioba ConputerEquipmentther4yearsstraKJhlkna basls kl In¥851Th01 Longtomwvestnnts3Trdèsthdasknd asaèts•n¢ •WatQmntto.ThèYlt0fsrOSlj0ryUr0•tak1IgU&5ted In$n. $ck SlotsandwrJthin pffj9¥èss¥Tr%la¢o¥ allhe¥r0i(1)sf•nd DetreaaeT0. wrethabl0fUèlsb4sgd upmasbnWs¥lllng pr1¢? *8s fvrth8fL)xtse¥wtedtob&kn(wnp¢to dw¢8l 13
Al KawtharA¢ademy & Sub5idiay Undertaklng Annual Report of lh• trustw for the year ended 311)ec•mber 2020 Not•s to th•ayJnts {¢onflnugdl rnl Taxation As a ¥pgisteTrd thorty. th¥ corrpany ts •xenwi fiom and tax to extnt Ihal its inroN arld appkabl• to Chaltsb PUfposBsoTrty. vaknoAddTsxn0lr&e0lrabYIhO0)Ir¢any. andlSlh•rnlor•v)ctyJdthJ in thèr8Vanl8IsInthO Slai8m8Th1 ofFknancialAthit n) Funds Structy po Tho carftyffointh418a generalunr6rKtedfvnd r•wTsentsfvJn05TAfirth aTrewrbl?aIthed15Mfi otthetrusteasin furth8r8nce oflh?obiB¢tsolthethanty. StKhfvndsffAyb8 hebj 41 ordeftofmanceboth 1c8prtl4ttdcap¥0$trnèO1. Restrktedfvndsh8v&been wovidedlo Ih&cathyforp8rtN>JL8rpurpos85.8nd it151he polryofthe bo8nJofblJ5te8siorArelutythe nx)nitor Ihe8pphc8lb)nofth05efvn¢Js accordan¢ %Mth the rn51riGIKins p¢81 upon them. Th8 Charty at preseni hol$ no rtslrKod lunos. A deggn8tsd fved awl fund L8 ainlalned repSen1¥ Ihe Wa8 ol red oWt8. Theffj iy no lorn1 poSty oftransferbeh4Yen lunds oron the albCatYJnoflundstodgsynadfvrd$.otrerlh8nth8tdeabOrt.Any0thpropo8Ojtran$rwba¥nIUThd&wUbJ be o)nskJej on tha partIwLgrtyvJTrtsncés. 2 P•l¢llV•wphf•rth• IIMn¢l•ly••r 2021 2020 epr4wt?notWnodfrodagsets 12.462 7,112 Trusl•Éxpon5aS ) gXpeTr598prvpavJlotyu4eDrcI?nllWc1l PDW. Fln•n¢l41 p•rlonn•nM tyad¥lty Toill 2020 Tdal 2019 0onatb)n$ chant8bleac18 G0mmntGft In¥esbTnt TjIn9'. Subslliary Totsllntts 19.483 19.483 190.933 8.986 48.000 6.855 274.257 48.369 128.691 6.201 4Y.563 2.658 235.485 190.933 8.986 48.000 6.855 54.855 199.918 19.483 S suldIryInclW• •ndgxp•ThJltsY• 2021 2020 Tumo¥8f 6.855 2.658 Totaltrtdingfftton Exp6nditur& Nel P1)forth9thW£blT 6.855 2.658 23 952 T¥mover 6,855 2.658 Elwirbatianofinter[orTPanyslles Adhtsl¢d gTrxJpa¢xwnts 6.855 2.658 Ewendlu Enati)no1)I•fttp0nYlSry8S 23.952 19.400 23.952 19.400
Al KawtharAcademy & Subsldlary Undertaklng Annual Report of the trustees for the year ended 31 Ofj¢emb8r 2020 Not to th• aCcout5 Icontlnu•d I.&1>8101 ¢h•flfabl••xp•ndthY• byx¥¥lty 2021 2020 Funthalsl Athl¢• Total AAldertaken Llracty 70.6fj3 40.904 112.789 104.114 SuppartCoslsofcharitab AciNes 7.452 33.062 14.646 55.181 33.561 TJ•l Exp•nLltyr• 8.675 103.745 55,550 167,970 t37.675 An•lpl•olT•Jlal SIVlco¥s tr¥Ity 2020 Natsr•rf Supwtcosts E%•lhThl So¢balR•llgiou Advlc• Toi T•l•l anagern2n1aAdMloti7ft 5,883 28.077 14.646 48,607 6.574 27.540 5,005 6.021 TLial Exo•mdir• 7,452 33.082 14.646 55.181 33.561 Slaff Costs ar•JEmotwn•N 2021 2020 GrossS•$8r•s 60.747 41.316 H•01114[ffl• •qWv•l•fits•ffiknws Charfabl8AdNths 2•21 2020 31 VoluDteeBha¥edondan unqlr•ttts1rn)U•tllWh)AlKèth&rAoeTrv4Ihev91je01 okny)ssbto fleGt.TheTrV n0ft$OTolheirEwnern1m7n paKltolhetN5tets Ther8were noenyk)yee5vth eyce5so1£60.OOOper8nTh itherthetwsteesnoranypers0nsc•nrdoJhth6Mhfy[¥l1ydanyrTn1metslIthO wTrntbarorthe pr Yeer. Tanglbl•fw¥onal 1x•d41• Fv••lldi•rnl •rnl Pl•rt Il•cNMry& V•hkhJ Totsl Gr Asselcost At I Jsnu8ry2021 AdditK)n 'spos815 Redas&incatksn to Inb8trrntPropety-t1(l 372.096 15.928 388.024 142.1851 (42.1851 ReVaeOn olbukyfjng r8dassl0Mb87fi1 property R8das8thrabon lo Instt Pmp8rty At 31 D•¢0mbr2Q21 443.873 30.OQJI 243.714 443.873 ($30,000) 259.711 15,924 A¢cumulaled Oepreoalp At1 January2021 Ch8rgefortht ye•r RedassffjicalJn lolnmÈhtPwperty-cpBlb)n 113.832 8.321 (42.1851 79.901 15.928 129,760 8.321 142.1851 9S.896 At 31 O•cmbÈr2021 15
Al KawtharAcademy & Subsidiary Undertaking Annual Report ot the trustees for the year ended 31 December 2020 NetBOokVa? Atjt DoumbEr2021 At3t 0•Ml2020 113.816 2582 163,816 258,264 16
Al KawtharA¢ademy & Subsidiary Undertaking Annual Report of the Intstees for the year ended 31 Oecember 2020 FN•hddLand and IAA¢hlrM)rya V•ll T•l•l Ch•rhy "As8•tCost Al 1 January2021 Additv)ns Cisposal$ R8dastrAt&)Tro In%wtrrentPJDperty- tWW44lv)n oirstt R8V3tyatDnOlbuing r•da59 loviNwtiMrt . 3n.o 15.928 388.024 42.1851 (42,1851 443,873 (530.rth 243.7 443,873 1530,0001 269.712 R&da65ffjiratKJTrlo In¥e5trr•nlPwe At 31 D•c•mb•r2021 15.928 AcDJrnuLit•d D•prncialhtin Al 1 Janv8ry2021 Charytrforthtr ytrai ReariCalft10 InsErrntpQp0ty_Cw111b Offsol At 31 D•c•mb•r2021 173.832 8.321 142.1051 ?9 15.928 129.760 8.321 142.1851 95.896 15.921 IBookVabJ• At31 O•¢mb•r2021 At 31 Oecomber2020 163.•1fj 258264 153.816 258.264 •to fordDE¢l¢#wlab PU0¥andth•E aRnoin•n•i*orhertrye a15 17
Al Kawthar Academy & Subsldlary Undertaklng Annual Rwrt ofthe truskes for th• ended 31 December 2020 Nolas to lh •¢eounls (¢ontlnw•dl 10. Flx8d•s•tlmYo$lm•rt• 2020 201• Totsl val¥11 January Addlllon• ReGla5siflcalionlromT•nWble FunE¥onl FlxedAsselb D•preclab Valw at31 D•G•mhr s30.0) 14,1411 525J59 530.000 524861 Th• woup ¥••6 Outa an0f• l•l.Thllll19f1hV••lrnw1th f•rnWlh•1•ts•4tsr thald•t•. 2(Ql 2020 Goodsforr88 9.111 6.996 12 Deb 21 2020 AUntsduèfr0mjbdryuMa•rtgs Trndodfrblo Olhortknbtois expan 16,467 27.000 16.467 27.000 44.955. 43.467 44.95543,467 13 Cr•thw5: afnllurtsfalllng wtthln anB•V 2021 2021 2020 2•20 Trnd•uEdftofd 3.470 3267 7.039 7.032 2421 2021 2020 2•20 Ch& Unsècu¥•d Loansfwmlhod pa$ 20.049 17.180 20.049 17.180 10 L•as• AlJl D•c•mb•r2021.thfuhw• mlnlnKThl•aS•partsIrnOn4a•4Ib1•1HSA5W•Y•T•1•4llawg 2021 Lossthononeyfr8r onoand 1hRea th¥nthR¢ yea 48,LN)O 96.WO Totsl 144.000 At31 D•¢ernb•r2020 D•slqn•t•d R•¥ktsd Fund8 T8ngibkn FdA#s¢1$ Invethnts 163M16 $25M1 163.816 515.861 369.754 Cuff8ntAsBOts 269,754 CunwtLrabMM)s (3.4701 P.4701 0.049 LongTom 0.525 669.152 366.284 1,035.436 17 EntsrwrtFunth Thèeh*rtythadnoolffidsin818d•j 2021 •)9r8od8d2O. l• Sh•rn Ca Thechartyis byguardntetlhu5ha8rIhèrt 18
Al KawtharAcademy & Subsidiary Undertaklng Annual Report of thg Iwslees for the y• ended 311)ewiber 2020 19 R•l•WP¥rty Thetharftyl& iic£srt#)rn18d vndertha Corhwan&Act8fid ts&rtedèyguaran*e. 19