ANWAR-E-MADINA ACADEMY
1[ST] FLOOR 168 LADYPOOL ROAD SPARKBROOK BIRMINGHAM B12 8JS
F I N A N C I A L S T A T E M E N T S
YEAR ENDED 31 MARCH 2021
KAISER NOUMAN NATHAN LLP
57 ALFRED STREET BIRMINGHAM B12 8JP
A.306//MS/NS/HQ
30 NOVEMBER 2021
ANWAR-E-MADINA ACADEMY
YEAR ENDED 31 MARCH 2021
| C O N T E N T S ASSOCIATION INFORMATION REPORT OF THE MANAGEMENT COMMITTEE REPORT OF THE INDEPENDENT EXAMINERS STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE ACCOUNTS |
PAGE 1 2 3 4 5 6 |
|---|---|
ANWAR-E-MADINA ACADEMY
YEAR ENDED 31 MARCH 2021
ASSOCIATION INFORMATION
| CHARITY REGISTRATION NUMBER | 1108373 |
|---|---|
| CHAIRMAN | MR MOHAMMED ISHTIAQ |
| TRUSTEES | MR MOHAMMED ISHTIAQ |
| MR SHAHID HUSSAIN | |
| MR MOHAMMED AMER | |
| MR MOHAMMED AFTAB | |
| MR MOHAMMED AWAIS FIAZ | |
| ADDRESS | 1STFLOOR |
| 168 LADYPOOL ROAD | |
| SPARKBROOK | |
| BIRMINGHAM | |
| B12 8JS | |
| INDEPENDENT EXAMINERS | KAISER NOUMAN NATHAN LLP |
| ACCOUNTANTS | 57 ALFRED STREET |
| BIRMINGHAM | |
| B12 8JP | |
| BANKERS | BARCLAYS BANK PLC |
| 15 COLMORE ROW | |
| BIRMINGHAM GROUP OF BRANCHES | |
| B1 |
- 1 -
ANWAR-E-MADINA ACADEMY
TRUSTEES ANNUAL REPORT
The trustees present their report with the Financial Statements of the Charity for the year ended 31 March 2021.
Appointment of new Trustees:
New trustees are appointed by voting at the trustees’ meetings. The current trustees were appointed by unanimous vote at the first meeting out of a number of prospective individuals. There were no new appointments during this year.
The principal objects of the Charity are:
-
a) The advancement of education among children and young people in the Rawalpindi division of Pakistan by establishment of free Model Colleges for those otherwise unable to access such education facilities due to their social/financial circumstances.
-
b) The protection and preservation of good health among residents of rural areas in the Rawalpindi division of Pakistan by establishment and support of free medical centres.
The Main activities undertaken to achieve the objectives:
The main activities undertaken during the year to achieve the above objectives were collection of donations by trustees from friends, relatives and general Pakistani community in the United Kingdom and providing financial support to Anwar-e-Madina College based in Rawalpindi Division of Pakistan, which was established by the charity. The charity is also providing financial support for a medical centre which provides free medical care to the students of Anwar-e-Madina College and the poor members of the neighbouring community.
STATUS
Anware-E-Madina Academy is registered with the Charity Commission (No. 1108373) and constituted by Deed of Trust.
RESERVE POLICY
Cash reserves at the end of the year are generally carried forward to the following year to meet future costs.
Most of the financing requirements necessary for the projects came from the community in the form of donations.
BY ORDER OF CHARITY TRUSTS
MR MOHAMMED ISHTIAQ Trustee
30 November 2021
- 2 -
INDEPENDENT EXAMINERS REPORT
TO THE TRUSTEES OF
ANWAR-E-MADINA ACADEMY
We report on the accounts of Anwar-E-Madina Academy year ended 31 March 2021 which are set out on pages 4 to 7.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
As the Charity’s trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of Section 43(2) of the Charities Act 1993 does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 43(7)(b) of the Act, whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER’S REPORT
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
INDEPENDENT EXAMINER’S STATEMENT
In accordance with our examination, no matter has come to our attention:
-
1 which gives us reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with Section 41 of the Act; and
-
to prepare accounts which accord with the accounting records and to comply with the
-
accounting requirements of the Act. have not been met; or
-
2 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Kaiser Nouman Nathan LLP 57 Alfred Street Sparkbrook Birmingham B12 8JP
30 November 2021
- 3 -
ANWAR-E-MADINA ACADEMY
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2021
| Notes INCOME AND EXPENDITURE INCOMING RESOURCES: INCOMING RESOURCES FROM GENERATED FUNDS: Voluntary Income Tax Reclaimed - Gift Aid (2021) TOTAL INCOMING RESOURCES RESOURCES EXPENDED GOVERNANCE COSTS 2 TOTAL RESOURCES EXPENDED NET DEFICIT / (RESOURCES EXPENDED) FUNDS BALANCES B/F 1.4.20 FUNDS BALANCES C/F 31.3.21 |
Unrestricted Funds £ 24,758 5,050 _ 29,808 _ 10,469 _ 10,469 _ 19,339 6,552 _ 25,891 ====== |
Restricted Funds 2021 Total 2020 £ £ £ - 24,758 18,720 - 5,050 2,771 _ _ _ - 29,808 21,491 _ _ _ - 10,469 19,613 _ _ _ - 10,469 19,613 _ _ _ - 19,339 1,878 - 6,652 4,674 _ _ _ - 25,891 6,552 ====== ====== ====== |
|---|---|---|
= |
= |
- 4 -
ANWAR-E-MADINA ACADEMY
BALANCE SHEET AS AT 31 MARCH 2021
| Notes 2021 £ £ £ CURRENT ASSETS Debtors and Prepayments 3 5,050 2,771 Cash in Hand & at Bank 21,201 4,288 _ 26,251 __ CREDITORS: Due within one year Creditors and Accruals 4 360 __ TOTAL ASSETS LESS CURRENT LIABILITIES 25,891 ======= FUNDS Unrestricted 25,891 Restricted - _____ 25,891 ======= Approved on behalf of the trustees |
2020 £ 7,059 507 _ 6,552 ======= 6,552 - _ 6,552 ======= |
|---|---|
MR MOHAMMED ISHTIAQ Trustee
30 November 2021
- 5 -
ANWAR-E-MADINA ACADEMY
NOTES TO THE ACCOUNTS
YEAR ENDED 31 MARCH 2021
1) ACCOUNTING POLICIES
(a) Convention
The accounts have been prepared in accordance with the historical cost convention and in accordance with applicable accounting standards and the statement of Recommended Practice on Accounting by Charities.
(b) Depreciation
Depreciation is provided, where applicable on tangible fixed assets in order to write off those assets over their anticipated useful lives.
(c) Income
Income is included in the income and expenditure account as soon as its receipt becomes due.
| 2. GOVERNANCE COSTS Donations to Anwar-e-Madina College Bank Charges and Interest Accountancy and Book Keeping Web Design Events Organised 3. DEBTORS AND PREPAYMENTS Tax Reclaim for New Gift Aid (2021) 4. CREDITORS AND ACCRUALS Accountancy |
Unrestricted £ 10,000 85 360 - - ___ 10,445 ========= Unrestricted £ 5,050 ======== Unrestricted £ 360 ====== |
2021 2020 Restricted Total £ £ £ - 10,000 18,000 - 85 136 - 360 327 - - 150 - - 1,000 ____ ___ ___ - 10,445 19.613 ========= ========= ========= 2021 2020 Restricted Total £ £ £ - 5,050 2,864 ======== ======== ======== 2021 2020 Restricted Total £ £ £ - 360 507 ====== ====== ====== |
|---|---|---|
- 6 -
ANWAR-E-MADINA ACADEMY
MANAGEMENT COMMITTEE AND INDEPENDENT EXAMINERS
RESPONSIBILITY FOR THE ACCOUNTS
1. MANAGEMENT COMMITTEE’S RESPONSIBILITIES
The management committee is required to prepare the financial statements for each period which give a true and fair view of the statements of affairs of the projects as at the end of the accounting year and of the incoming resources and application of resources for the year. In preparing the accounts suitable accounting policies have been used and applied consistently and reasonable and prudent judgements and estimates have been made. Applicable accounting standards have been followed. The accounts have been prepared on the going concern basis. The management committee is also responsible for ensuring that proper accounting records are kept and sufficient internal controls maintained to safeguard the assets of the projects and detect fraud or any other irregularities.
2. INDEPENDENT EXAMINER’S RESPONSIBILITIES
The examiner is required to carry out procedures specified within the general directions given by the Charity Commissions.
The Independent Examiner will also report to the members if the following requirements are not met:-
-
The committee has not maintained accounting records of accounts according to the Act.
-
The accounts are not in agreement with the accounting records and do not comply with the accounting requirements of the Act.
-
7 -