HEFAZOTHE ISLAM UK Charity number-1115709 Financial Statement for the Year Ended 31 March 2025
HEFAZOTHE ISLAM UK Year Ended 31 March 2025 Contents Page no Information Page Report of the trustees Independent Examinerfs Report statement of Financial Activities Balance Sheet Notes to the financial statements 7-10
HEFAZOTHE ISLAM UK Year Ended 31 March 2025 Charity Infomation Trustees Mr Sheik Badrul Alom Hamidi Mr Akhtar Hussain Mr Mohammed Sajid Ali Menon Mr Shofik Uddin Mr Muhammad Abdus Samad Khan Chairman Secretary Charity No: 1115709 Address 534 Barking Road Plaistow London E138QE Independent Examiner Abacus Partners (Ldn) LLP Chartered Certified Accountants Unit A, Abbotts Wharf London E14 6JL Banker 1 NATWEST BANK PLC Forest Gate Branch 300 Romford Road London E7 9SH 2 BARCLAYS BANK PLC 737 Banking Road London E13 9PL Page I
HEFAZOTHE ISLAM UK Trustees, Report for the year ended 31 March 2025 The Trustees present their report and the financial statements for the year ended 31 March 2025. Governing Instrument: The charity's objects and regulations are regulated by the constitution adopted on 21 July 2006 and the charity is an unincorporated association. The same is registered a5 charity wth effect from 6 August 2006. The objects of the charity are lo promote any charitable purpose for the benefit of the Muslim inhabitants of the United Kingdom and in particular for those inhabilants who are of Muslim Bangladeshi origin. In particular to advance Islamic religion, education and training. to relieve poverty, suffering and distress, and to protect and promote public health in Bangladesh. The charFty is organised with a committee {Board of Trustees) elecled by the members to oversee the overall activities, and one of the committee members is nominated as chairperson, to monitor the day to day running of the charity. Trustees andlor princlpal offlcers: The following officers of the charity have held office for the whole of the year. Mr Sheik Badrul Alom Hamidi Chaimian Mr Akhtar Hussain Secretary Mr Muhammad Abdus Samad Khan Treasurer The trustees are eligible, in committee, to appoint additional trustees under the terms of the constitution. Actlvltles and Achievements: How our activities deliver public benefit= Hefazothe Islam UK has worked both locally and abroad in the past. wth its actiwties in the UK focussed on providing services and activities to the local Muslim community. The charity has received long waited Planning pemiission to offer our regular education and prayer seNices. This year we have been able to offer the ranges of spiritual, social and physical wellbeing activitie5 that we have liked in the UK, and we have continued our work of supporting disadvantaged children and orphans abroad. Our full operational services started this year and maintenance work is now completed. The UK centre has been generating some rental income and this has helped cover some administration and operational expenses. Bangladesh Project.. We are pleased lo report that this year we have continued to improve the outdoor multi-sports field at Boruna Madrassah, which will help to ensure that students continue to maintsin an active lifestyle. More Trees were planted next to the school to improve the air and to promote a cleaner and greener environment. Mosl of the trees will produce tropical fruits, which students wÈll maintain. As part of our sustainability strategy, we have also developed a local fish farm for the benefit of the students. This is now in full operation. Boruna Madrassah continues to offer a broad educational experience for students, and is helping them prepare for adult life. At no cost to the orphans or students in povety, we provide accommodation, education, resources and food. In addition to the Islamic studies, our syllabus also teac.hes them to speak international languages such as Urdu, Arabic, and English. Our mission is to ensure they reach their full potential, and become independent and ready to enter the workforce. Currently we accommodate 1,500 students A future wthoul Borona Madrassah is a future wthout skills and opportunities for those who are financially unable to access educalion which, for many in the West, or those in more affluent areas in Bangladesh take for granted. Page 2
HEFAZOTHE ISLAM UK Year Ended 31 March 2025 Trustees. Report Review of Transactions and Flnancial Position". The Statements of Financial Activities shows a surplus of £15,398 forthis year, with Ihe Balance Sheet value of £840,685. 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 Accounting Standards {United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the trustees to prepare financial ststements for each financial year which give a true and fair view of the state of affairs of Ihe charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. select suitsble accountino Dolicies and then applv them consistentlv.. obseNe the methods and DrinciDles in the Charities SORP IFRSSE 2015): make judoements and estimates that are reasonable and Drudent.. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.. prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charitv will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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. Independent Examiner: Abacus Partners (Ldn) LLP were reappointed as the independent examiner for the following year. This report has been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reporting by Charities (2011). This report was approved by the trustees on 5 December 2025, and Signed on behalf of the board of trustees, ij .on their behalf Mr Sheik Badrul Alom Hamidi (Chairman) Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEFAZOTHE ISLAM UK For The Year Ended 31 March 2025 I report on the accounts of the charity for the year ended 31 March 2025 which are set out on pages 5 to 10 and prepared on the basis of accounting policies set out on page 7. Respective responsibilities of Trustees and Examiner: The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 14412) of the Charities Act 2011 {the 2011 Act) and that an independent examination is needed. The charittys gross income £642,214 and l am qualified to undertake the examination by being a qualified member of The Association of Chartered Certified Accounlants {ACCA). It is my responsibility to.. examine the accounts under section 145 of the 2011 Act.. follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5){b) of the 2011 Act., and state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried OLrt in accordance with the general Directions given by the Charity Commission. An examinalion 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 Conrning 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 examlner'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 comply 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. MRN HOWDHURY FCCA Abacus artners (Ldn) LLP Chartered Certified Accountants Unit A, Abbotts Wharf 93 Stainsby Road London E14 6JL Date.. 5 December 2025 Page 4
HEFAZOTHE ISLAM UK STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Total 2025 Total 2024 Unrestricted Restricted INCOME AND EXPENDITURE Notes INCOMING RESOURCES Voluntary Income Investment Income 35.780 35,780 63,333 17.830 17,830 588.604 17,500 Charitable Activities income 91,721 496.883 446,610 Total Income 127,501 514,713 642,214 527,443 RESOURCES EXPENDED Voluntary Cost Fundraising Cost Direct charitable activities 96.500 96.500 98,518 7.458 507,113 514,571 604,778 16,070 Governance and Support Cost 15,745 15,745 Total Resources Expended 23,203 603.613 626,816 719,366 NET INCOME I(DEFICIT) FOR THE YEAR 104,297 (88,899) 15,398 1191,923) Fund as at 1 Aprll 2024 980.194 154,906 825,287 1,017,210 Funds as at 31 March 2025 1,084,491 243,805 840,685 825,287 The notes on pages 7 to 10 fomi part of these accounts. Page 5
HEFAZOTHE ISLAM UK BALANCE SHEET AS AT 31 MARCH 2025 Total 2025 Total 2024 Notes FIXED ASSETS: Tangible Assets 10 665,178 664,850 Current Assets: Debtors & prepayments Cash at Bank and in hand 11 282,683 282,683 278,729 278,735 Creditors: Amount falling due within one year Net Current Assets 12 22,386 30,508 248,227 913,077 260.297 925,475 Credltors: Amount falling due more than one ye¢ 13 84,790 87,790 Total Net Assets 840,685 825,287 Funds Unrestricted funds.. General 15 304,261 536,424 270,228 840,685 555,059 Designated 15 825,287 Restricted Funds 15 Total Funds 840,685 825,287 Approved by the Board of Trustees on 5 December 2025 and signed on its behalf by 6. 6 29 Mr Sheik Badrul Alom Hamidi {Chaimian) Mr Akhtar Hussain (Secretary) The notes on pages 7 to 10 fOn part of these accounts. Page 6
HEFAZOTHE ISLAM UK Notes to the financial statements for the year ended 31 March 2025 1 Accounting Policies 1.1 Basis of preparation of accounts: The Financial Statements have been prepared in accordan w(th Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16107114, the Financial Reporting Standard for Smaller Entities (FRSSE), and the Charities Act 2011 and applicable regulations. Assets and liabilities are initially recognised at historical cost or transaclion value unless otheiSe stated in the relevant accounting policy note(s). 1.2 Income Recognition: All incoming resources are included in the Statement of Financial Activities {SoFA} when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. Donation and other income recognised when received. Grants for immediate expenditure are accounted for when they become receivable. GrantslDonation restricted to future accounting period are deferred and recognised in those periods. GrantslDonation for specific project are treated as restricted to the projects cld for future operation. 1.3 Allocation of Gost., Costs are allocated beeen restricted and unrestricted fund according to the temis of income. Where items expended are mixed, they are apportioned beeen the categories according to the income they relate to as well as using best possible professional judgements. 1.4 Support cost: Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back Offi costs, finance. personnel, payroll and govemance costs which support the Trusts programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. 1.5 Tangible fixed assets and depcIation. Fixed assets for the charity used are capitalised at cost. They are stated in the accounls at cost less depreciation. DepCiatIon is calculated to write off the cost less their estimated residual value, over their expected useful lives on the following bases.. Furniture and equipments Motor Vehicles 25% St line none 1.6 Funds: Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the tnjstees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance vrith specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restrrcted fund is set out in the notes to the financial statements. Page 7
HEFAZOTHE ISLAM UK Notes to the financial statements for the year ended 31 March 2025 1.7 Reconciliation of new and previous Generally Accepted Accounting Practice (GAAPI: There is no requirement of balance sheet and net incomel(expenditure) restatement for adoption of FRSSE 2015, therefore, no reconciliation is shown. 1,8 Going concern Al the b'me of approving the accounts, the Iruslees have a reasonable expedation that the charity had adequate resources lo continue in operational exislance for the forseeable future. Thus the Iruslees continlte lo adopt the going concern basis of accounting in preparing accounts. 2 Incoming Resources The incoming resources and surplus are attributable to the principal activities of the charity. INCOME SUMMARY 3 Voluntary Income: Unrestricted Restricted 2025 2024 Other income General donation 35,780 35,780 35.780 35.780 63,333 63.333 4 Investment Income: Unrestricted Restricted 2025 2024 Rental Income 17,830 17.830 17,500 5 Charitable Activities Income: Unrestricted Restricted 2025 2024 Appeal for Borun Madrasha Al Khalil Foundation Help in Need 91,721 366,883 110,000 20.000 496,883 458,604 110,000 20,000 588,604 301,610 145.000 91,721 446.610 Total Income 145,331 496,883 642,214 527,443 EXPENSES SUMMARY 6 Voluntary Cost: Unrestricted Restricted 2025 2024 Subscriptions 7 Fundraising Cost: Unrestricted Restricted 2025 2024 TV and other appeals 96,500 96.500 96,500 96,500 98,518 98,518 8 Charitable Activities Cost: Unrestricted Restricted 2025 2024 Wages and salaries Projects Expenses.. Bangladesh Project expenses- Re- Al Khalil-HIN Trevelling expenses Light, Heat, water and rates Cleaning and maintenance Computer and other equipments Printing, postage & stationery Telephonellnternet 27,365 347.157 130,000 116 27,365 347,157 130,000 116 4,608 2,850 18,579 437,970 142,549 2,303 1,812 4,608 2,850 1,742 733 507.113 1,742 733 514,571 885 680 604,778 7.458 Page 8
HEFAZOTHE ISLAM UK Notes to the financial statements for the year ended 31 March 2025 9 Governance and Support Cost: Unrestricted Restrtcted 2025 2024 Wages & salaries Printing, Postage and Stationery Repairs & Maintenance Telephonellntemet Accountancy & examinations Legal & professional Bank Interest and Charges Depreciation charge Sundry expenses 6,841 1,742 317 244 1,350 2.345 1,674 1.226 6,841 1.742 317 244 1,350 2,345 1,674 1,226 4,645 885 3,015 227 1,350 2,021 1,430 838 1,660 16,070 15.745 15,745 Total Expenses 23,203 603.613 626,816 719,366 10 TANGIBLE FIXED ASSETS: Land & Building Fixture & Fitting Motor Vehicle Total Cost.. At 1 st April 2024 Addition-lmprovement Disposal 663,173 9,344 1,554 672,517 1,554 663.173 10,898 874,071 Depreciation: Al 1 st AprTI 2024 Depreciation on disposal Charge for the year 7,667 7,667 1,226 8,893 1,226 8,893 Net Book Value As at 31 March 2025 663,173 2,005 665,178 As at 31 March 2024 663,173 1,677 664,850 11 DEBTORS & PREPAYMENTS". 2025 2024 Other Debtors 12 CREDITORS". AMOUNT FALLING DUE WITHIN ONE YEAR 2025 2024 Accruals and other creditors Private Loan.. Qard -e - Hasana 1,386 21,000 8,508 22,000 22,386 30,508 13 CREDITORS: AMOUNT FALLING MORE THAN ONE YEAR 2025 2024 Private Loan.. Qard-e- Hasana 84,790 87,790 84,790 87,790 Private Loan.. In Islam it is called Qard e Hasana meaning moral obligation to repay on demand if possible but there is no interest or security given and loans are from its benefactors. Page 9
HEFAZOTHE ISLAM UK Notes to the financial statements for the year ended 31 March 2025 14 STAFF EMOLUMENTS: The charity employed 3 persons during the year and total cost was £34,206 (2024-£23,224). No remuneration was paid to any trustees or their associates during the year ended 31.03.2025, nor during 31.03.2024. 15 MOVEMENT IN FUNDS: Unrestricted Designated Fund Fund Total Unrestricted Restricted Fund Total As at 1 April 2024 270,228 555,059 825,287 825,287 Current year 104,297 104,297 88,899 15,398 Fund Transfer (70,264) 18,635 88,899 88,899 As at 31 March 2025 16 TAXATION The entity is a registered charity and does not undertake non-charitable activities, and is entitled for tax exemption by HMRC. 17 POST BALANCE SHEET EVENTS There were no significant post balance sheet events. 18 TRANSACTIONS WITH TRUSTEES There were no Iransactions with the trustees during the year. 19 CONTINGENT LIABILITIES The charity had no contingent liabilities as at 31 March 2025, nor at 31 March 2024. 20 RELATED PARTIES TRANSACTIONS There were no related paty transactions to be disclosed during the year. 21 GIFTS IN KIND AND VOLUNTEERS During the year the charity benefited from unpaid work perfomied by volunteers. Page 10