2023-10-31-accounts - Darul Uloom Jamia Mohammadia Islamic Education And Culture Centre

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Registered number 1115612

DARUL ULOOM JAMIA MOHAMMADIA ISLAMIC EDUCATION AND CULTURE CENTRE

Income and Expenditure Accounts

31 October 2023

DARUL ULOOM JAMIA MOHAMMADIA ISLAMIC EDUCATION AND CULTURE CENTRE Report and accounts Contents

	Page
Charity information	1
Trustees' report	2
Accountants' report	3
Profit and loss account	4
Balance sheet	5
Cash flow statement	6
Notes to the accounts	7 - 10

DARUL ULOOM JAMIA MOHAMMADIA ISLAMIC EDUCATION AND CULTURE CENTRE Trust Information

92 -96 Lapage Street, Bradford, BD3 9PJ Trustees

1 Qari Mohammad Shafi (Chair)
2 Mohammed Naeem

3 Hafiz Shabbir Ahmed

Bank

Lloyds TSB

Accountants

APEX ACCOUNTANTS 17 KILLINGHALL ROAD BRADFORD WEST YORKSHIRE BD3 8DN

Registered number 1115612

DARUL ULOOM JAMIA MOHAMMADIA ISLAMIC EDUCATION AND CULTURE CENTRE Registered number: 1115612

Trustees' Report

The Darul Uloom Jamia Mohammadia Islamic Education and Culture Centre had an income of £88521.00 in the year ended 31/10/2023 and is eligible for independent exemption. As the charity is below the audit threshold it may also prepare a simple annual report (refer to CC15a charity Reporting and Accounting: The assentials and charities (Accounts and Reports) Regulations 2008).

The trust was established with the intention of to provide islamic education and cultural facilities to local community. It is governed by a deed of trust last updated in July 2006.

The board of trustees oversee the running of the charity on a day to day basis. All decisions are made at board meetings which are held frequently through the year. The trustees give their time freely and receive no financial benefits. The existing trustees are responsible for the recruitment of new trustees.

Objectives

The objects of the charity are set out in the charity's trust deed and summarised as follows:-

1 To advance education by providing facilities for instruction in the Islamic faith
2 To advance the Muslim faith .

Activities and achievements

The charity carries out a range of activities in pursuance of its charitable aims. Our Masjid provide a centre for our prayers and worship and the activities associated with our faith.

The Masjid is open all day for daily and Friday prayers. Memorisation of the quran is an important element of religious education and training. We continue to provide this facility for the young people in the Mosque. We are pleased this programme which continues to run successfully with over 32 young people regularly attending these classes.

Trustees' responsibilities

The trustees are responsible for preparing the report and accounts in accordance with applicable law and regulations.

Charity law requires the trustees to prepare accounts for each financial year. Under that law the trustees have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under charity law the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the trust and of the profit or loss of the trust for that period. In preparing these accounts, the trustees are required to:

select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
● prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charity Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees and signed on its behalf by:

QARI MOHAMMAD SHAFI (Chair)

25 November 2024

DARUL ULOOM JAMIA MOHAMMADIA ISLAMIC EDUCATION AND CULTURE CENTRE Accountants' Report

Accountants' report to the trustees of DARUL ULOOM JAMIA MOHAMMADIA ISLAMIC EDUCATION AND CULTURE CENTRE

I report on the accounts of the Trust for the year ended 31 October 2023

The charity's trustees are responsiblefor preparation of the accounts. The charty's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

1) examine the accounts under section 145 of the 2011 Act

2) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

3) to state whether particular matters have come to my attention

Basis of independent examiner's report

My examination was carried out in accordance with the 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 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 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:

(1) 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 2011 Act; and

to prepare accounts which accord with the accounting records and compy with the accounting requirements of the 2011 Act have not been met; or

(2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

APEX ACCOUNTANTS Accountants

17 KILLINGHALL ROAD BRADFORD WEST YORKSHIRE BD3 8DN

25 November 2024

DARUL ULOOM JAMIA MOHAMMADIA ISLAMIC EDUCATION AND CULTURE CENTRE Income and Expenditure Account for the year ended 31 October 2023

Notes Income Voluntary funds Other funds Total Incoming Funds Cost of providing services Other operating income -HMRC JRS Grants Net funds before transfers Gains and losses on revaluation of fixed assets Net movement in funds Total Funds brought forward Total funds carried forwards	2023 £ 88,521 - 88,521 (84,237) - 4,284 4,284 223,162 227,446	2022 £ 67,338 - 67,338 (70,871) - (3,533) (3,533)
		226,695
		223,162

DARUL ULOOM JAMIA MOHAMMADIA ISLAMIC EDUCATION AND CULTURE CENTRE Statement of Assets and Liabilities as at 31 October 2023

Notes Fixed assets Tangible assets 2 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 3 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 4 Net assets The funds of the charity: Surples and Deficite account 5 Total funds	2023 £ 208,447 19,999 (1,000) 18,999 227,446 - 227,446 227,446 227,446	16,765 (500)	2022 £ 206,897 16,265 223,162 - 223,162 223,162 223,162

QARI MOHAMMAD SHAFI (Chair)

Approved by the trustees on 25 November 2024

DARUL ULOOM JAMIA MOHAMMADIA ISLAMIC EDUCATION AND CULTURE CENTRE Cash Flow Statement for the year ended 31 October 2023

Cash generated from operations Operating profit Reconciliation to cash generated from operations: Increase in creditors Purchase of tangible fixed assets Net increase in cash Cash at bank and in hand less overdrafts at 1 November Cash at bank and in hand less overdrafts at 31 October Consisting of: Cash at bank and in hand	2023 £ 4,284 500 4,784 (1,550) 3,234 16,765 19,999 19,999	2022 £ - - - - - 16,765 16,765 16,765

DARUL ULOOM JAMIA MOHAMMADIA ISLAMIC EDUCATION AND CULTURE CENTRE Notes to the Accounts

for the year ended 31 October 2023

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 15% Reducing Balance Motor vehicles 18% straight line

Stocks

Stock is valued at the lower of cost and net realisable value.

Deferred taxation

Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

Foreign currencies

Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

Leasing and hire purchase commitments

Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

Pensions

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

DARUL ULOOM JAMIA MOHAMMADIA ISLAMIC EDUCATION AND CULTURE CENTRE Notes to the Accounts for the year ended 31 October 2023

2 Tangible fixed assets Cost At 1 November 2022 At 31 October 2023 Depreciation At 31 October 2023 Net book value At 31 October 2023 At 31 October 2022 3 Creditors: amounts falling due within one year Trade creditors 4 Creditors: amounts falling due after one year Other creditors 5 Funds At 1 November 2022 Surplus (Deficit) for the year At 31 October 2023	Land and buildings £ 202,309 202,309 - 202,309 202,309	Plant and machinery etc £ 4,588 6,138 - 6,138 4,588 2023 £ 1,000 2023 £ - 2023 £ 223,162 4,284 227,446	Total £ 206,897 208,447 - 208,447 206,897 2022 £ 500 2022 £ -

DARUL ULOOM JAMIA MOHAMMADIA ISLAMIC EDUCATION AND CULTURE CENTRE Detailed income and expenditure account for the year ended 31 October 2023

Voluntary funds Cost of providing services Other operating income -HMRC JRS Grants Net funds before transfers Exceptional items Income from investments Interest receivable Interest payable Net movement in funds	2023 £ 88,521 (84,237) - 4,284 - - - - 4,284	2022 £ 67,338 (70,871) - (3,533) - - - - (3,533)

DARUL ULOOM JAMIA MOHAMMADIA ISLAMIC EDUCATION AND CULTURE CENTRE Detailed income and expenditure account for the year ended 31 October 2023

Funds Voluntary funds Other operating income -HMRC JRS Grants Administrative expenses Employee costs: Wages and salaries Premises costs: Rates Light and heat General administrative expenses: Telephone and fax Subscriptions Bank charges Finance cost Insurance Repairs and maintenance Legal and professional costs: Accountancy fees	2023 £ 88,521 88,521 - 74,766 74,766 2,331 3,975 6,306 341 - - 1,414 910 2,665 500 500 84,237	2022 £ 67,338 67,338 - 54,797 54,797 3,205 3,406 6,611 338 - - 1,100 7,125 8,963 500 500 70,871