Registered charity number: 1115583
Noon Academy
Report and accounts
31 December 2023
IAS Associates Ltd Unit 8 Cunningham Court Lions Drive Blackburn
Noon Academy Contents
| Charity Information | 1 |
|---|---|
| Trustees' report | 2 |
| Independent examiner's report | 3-4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 |
31/12/2023
Noon Academy Charity Information for the year ended 31 December 2023
Address
Bank House 44 Wellington St Blackburn Lancashire BB1 8AF
Registered charity number: 1115583 Regulated by declaration of trust dated 18 April 2006 Trustees appointed by the existing members of the Trust Board by simple majority
Trustees
Mr Ibrahim Master Mr Mohsin Ali Mr Ibrahim Issa Mr Suleman Alli Mr Salim Vali Mr Nizam Patel
Mr Ibrahim Master
Appointed independent examiner
Accountants
IAS Associates Ltd Unit 8 Cunningham Court Lions Drive Blackburn Lancashire BB1 2QX
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Noon Academy Registered charity number: 1115583
Trustees' report for the year ended 31 December 2023
To promote and advance the Islamic and secular education of Muslim women.
Activities and objects
The Charity's main object is to promote and advance the education (both secular and religious) of Muslim women. For this purpose education courses at advanced level known as Aalimah classes run in the evening between 4:30 p.m to 7:30 p.m. There are over 200 students of varying ages studying this course.
Review of main achievements of the charity during the year
The Trustees are pleased to inform that the Aalimah courses (including Arabic and Urdu language skills) has now been running for more than 16 years and the courses have proved to be very popular with the local community. Prominent Muslim scholars have visited our Institute as well. During the year 23 students graduated as fully qualified Aalimahs and 10 students successfully completed the memorisation of the Holy Quran.
Reserves Policy
The Trustees declare that they have approved the Trustees' Report above
31/12/2023
Ibrahim Isa
10/7/2024
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Noon Academy
Independent Examiner's Report to the Trustees of Noon Academy On the accounts for the year ended 31 December 2023 Set out on pages 5 to 7
I report on the financial statements of the charity for the year ended 31 December 2023 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) published by the Charity Commission in England & Wales (CCEW) , effective January 2015 (The SORP), under the historical cost convention and the accounting policies set out.
Respective responsibilities of the Trustees and the Independent Examiner
The charity's Trustees are responsible for the preparation of the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice , applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.
The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing documents of the charity for the conducting of an audit. As a consequence, theTrustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the charity is not subject to audit under any legal provision, or otherwise, and is eligible for independent examination, it is my responsibility to:-
a) examine the accounts under Section 145 of the Act;
b) follow the procedures in the General Directions given by the Charity Commission under section 145(5)(b) of the Act and; c) state whether particular matters have come to my attention.
Basis of Independent Examiner's Statement and scope of work undertaken
I conducted my examination in accordance with the General Directions issued by the Charity Commission for England & Wales, under section 145(5)(b) of the Act, setting out the duties of an Independent Examiner in relation to the conducting of an Independent Examination. An Independent Examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, asTrustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
31/12/2023
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Noon Academy
Independent Examiner's Report to the Trustees of Noon Academy On the accounts for the year ended 31 December 2023 Set out on pages 5 to 7
I planned and performed my examination so as to satisfy myself that the objectives of the Independent Examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.
This is a report in respect of an examination carried out under section 145 of the Act and in accordance with any directions given by the Commission under subsection (5)(b) of that section which are applicable;
and that no matter has come to my attention in connection with my examination which gives me reasonable cause to believe that in any material respect the requirements :-
to keep accounting records in accordance with section 130 of the Charities Act 2011;
to prepare financial statements which accord with the accounting records and comply with the accounting requirements of The Charities Act 2011 and;
have been prepared in accordance with the methods and principles set out in the FRS102 Statement of Recommended Practice - Accounting and Reporting by Charities (effective January 2016)
have not been met or to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached;
IAS Associates Ltd Accountants and Business Advisors
Unit 8 Cunningham Court Lions Drive Blackburn Lancashire BB1 2QX Dated: 10 July 2024
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Noon Academy Statement of financial activities for the year ended 31 December 2023
| 2023 £ Incoming resources Donations and tuition fees 122,242 Grants 3,500 125,742 Resources expended Direct charitable activities expenditure Wages and National Insurance 89,534 School books and exam prizes 1,077 Telephone and fax 476 Stationery and printing 914 Light and heat 8,257 Rates and Water Charges 1,771 Repairs and maintenance 54 Bank charges 56 Depreciation 6,316 108,455 Governance costs Accountancy fees 547 Legal and professional 120 667 Net incoming resources for the year 16,620 There were no other realised or unrealised gains or losses. Funds Accumulated fund brought forward 366,038 Net incoming resources for the year 16,620 Accumulated fund carried forward 382,658 |
2022 £ 169,015 - 169,015 88,593 1,565 452 - 4,906 658 - - 7,895 104,069 558 - 558 64,388 301,650 64,388 366,038 |
|---|---|
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| Noon Academy Balance Sheet as at 31 December 2023 Notes Fixed assets Tangible fixed assets 3 Current assets Debtors and prepayments Cash at bank and in hand Current liabilities Sundry creditors Net current assets 31/12/2023 Net assets Funds Unrestricted funds General fund deficiency |
Registered charity number: 1115583 2023 2022 £ £ 468,219 474,535 - 1,092 26,815 2,871 26,815 3,963 2,033 2,117 24,782 1,846 - - 493,001 476,381 - 468,219 474,535 24,782 1,846 493,001 476,381 |
Registered charity number: 1115583 | Registered charity number: 1115583 | Registered charity number: 1115583 | Registered charity number: 1115583 |
|---|---|---|---|---|---|
2023 £ 468,219 24,782 - 493,001 - 468,219 24,782 493,001 |
1,092 2,871 3,963 2,117 |
2022 £ 474,535 1,846 - 476,381 474,535 1,846 476,381 |
Approved by the Board of Trustees on 10 July 2024 and signed on its behalf by
Mr Ibrahim Issa Trustee
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Noon Academy Notes to the Accounts for the year ended 31 December 2023
1 Basis of preparation
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) published by the Charity Commission in England & Wales (CCEW) ,effective January 2016, (The SORP), and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) in preference to the previous SORP, the SORP 2005, which has been withdrawn, withstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
2 Accounting policies
Income
Donations are included in full in the Statement of Financial Activities when received. The value of services provided by volunteers has not been included.
Expenditure
Expenditure is included in the accounts on an accruals basis.
Unrestricted funds
Unrestricted funds are donations and other incoming resources available or generated for the charity without further specified purpose and are available as general funds.
Restricted funds
Restricted funds are amounts invested in fixed assets that cannot be applies unless the payment in question is regarded as capital expenditure.
Land & Buildings, Fixtures & Fittings
| At 1 January 2023 Additions At 31 December 2023 Depreciation Charge for the year At 31 December 2023 Net book value At 31 December 2023 At 31 December 2022 |
Land and Buildings £ 442,954 - 442,954 - - 442,954 442,954 |
Fixtures & Fittings £ 197,546 - 197,546 6,317 165,964 25,265 31,582 |
Total £ 640,500 640,500 6,317 165,964 468,219 474,536 |
|---|---|---|---|
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