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← Al Athariyyah

2024-06-30-accounts

Z| CHARITY COMMISSION FOR ENGLAND AND WALES

Trustees’ Annual Report for the period

From 01 July 2023 Period start date to 30 June 2024 Period end date

Charity name: AL ATHARIYYAH

Charity registration number: 1116996

Objectives and Activities

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||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |a| |Summary|of the|purposes|of|||Para|1.17|To promote the|knowledge|of Allah|(God)| |the|charity|as|set|out|in|its|as|portrayed|in|the|authentic|sources|of| |governing|document|Islam|and|according|to the way|of the| |Salaf-as-Saalih|(Pious|Predecessors).| |Summary|of the main|hae|1.17 and|Religious|activities|to the general| |activities|in|relation|to those|public/mankind|through| |purposes|for the|public|advocacy/advice/information|and| |benefit,|in|particular,|the|establishment|of a|place|of| |activities,|projects|or services|worship/community|centre.| |identified|in|the|accounts.| |Statement|confirming|Para|1.18|When|planning|our activities|for the|year,| |whether the|trustees|have|the|trustees|have|considered|the| |had|regard|to the|guidance|Commission’s|guidance|on|the|public| |issued|by the|Charity|benefit and|in|particular,|the|specific| |Commission|on|public|guidance|on|charities|for the| |benefit|advancement of religion.|In|particular we| |try|to|enable|ordinary|people|to|live|out| |their|faith|as|part of our community| |through|worship|and|prayer,|learning| |about Quran;|and|developing|their| |knowledge and|trust|in|God.|To|facilitate| |this work|it|is|important that we|maintain| |the|fabric|of the|Mosque.| |Additional|information|(optional)| |You|may|choose|to|include|further|statements|where|relevant|about:| |PC|C* SRP?|Td| |Para|1.38| |.| |—|OO| |Para|1.38| |Policy|on|social|investment| |including|program|related| |investment| |Para|1.38| |Contribution made b|me fo|

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wee
La
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Achievements and Performance

a
The charity is raising funds from the
general public forthe maintenance of
Mosque and community centre. The
Summary ofthe main
achievements ofthe charity,		 Para 1.20
,		 trustees are keen to offera range of
services during theweekand overthe
identifying the differencethe course ofthe yearthatourcommunity
charity’swork has made to find both beneficial and spiritually
the circumstances of its fulfilling. Daily prayers providea quiet,
beneficiaries and any wider intimate and reflective environmentfor
benefits to society as a
whole.		 worship. In addition tothis a great deal of
timeandthoughtwas spent during the
yearon arranging events and inviting
speakers forspeeches and discussion on
religiousaffairs.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Para 1.41
objectives set
Performance offundraising
activities against objectives		 Para 1.41
set
Investment performance Para 1.41
against objectives
bee a

Financial Review

Review ofthe charity's Para 1.21 The charitywas ableto raisefundsfrom
financial position atthe end the community forthe continuation of its
ofthe period activities during the year. Total receipts
were £134,117 and the net result forthe
yearwas an excess of receipts over
payments of£13,756.
Statement explaining the Para 1.22 It is trustees policy to maintain a balance
policy for holding reserves offundswhich equates to at leastthree
stating why they are held months ofpayments, equivalentto
£10,000 to coveremergency situations
that may
arise from time to time.
Amountofreservesheld
 Parat22
 £40,000
ee
reserveseee
deficit
Explanation ofany Para 1.23
uncertainties about the
charity continuing as a going
concern
Additional information (optional)
You may
choose to include further statements		 where relevant about:
Donations received from the general
public.
The charity’s principal
sources offunds (including		 _ Para 1.47
any fundraising)
Investment policy and
objectives including any iotindinaes
social investment policy
adopted
Adescription ofthe principal Para 1.46
risks facing the charity
be es

Structure, Governance and Management

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |trusts:| |trust|deed,|royal|charter| |How|is the|charity|Trust|registered|with|Charity|Commission| |constituted?| |(€.g|unincorporated| |association,|ClO)| |Trustee|selection|methods|Para|1.25|Appointed|in|accordance|to|procedure| |including|details|of any|set|out within|the|trust deed.| |constitutional|provisions|e.g.| |election|to|post|or name|of| |any|person|or body|entitled| |to|appoint|one|or more| |trustees|

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Additional information (optional) You may choose to include further statements where relevant about:

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----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Policies|and|procedures| |adopted|for the|induction and|||Para|1.51| |training|of trustees| |The|charity’s|organisational| |structure|and|any wider|Para|taal| |network|with|which|the| |charity|works|

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|||||||| |---|---|---|---|---|---|---| |Relationship|with|any|related|||Para|1.51| |parties| |Sees|

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Reference and Administrative details

(Othernamethechartyuses [| Charity’s principal address PO Box: 48160, London el a

Names of the charity trustees who manage the charity

|pre
2|SaeedRhmat|lees|
Person
|
|| |---|---| |3{WajidRiaz|||| |A|| |Fs|| |A|| |=A|A| |2
A|| |a|| |CE|| |2|| |a|| |A|| |cS|| |5|| |A|| |A|| |rr|| |1A||

Corporate trustees — names of the directors at the date the report was approved Directorname |PCS Ge GC eC eG ee Name of trustees holding title to property belonging to the charity ne eee,eee Qn Q nena eee eee a a C

| | } | | |

Funds held as custodian trustees on behalf of others

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||||||| |---|---|---|---|---|---| |Description|of the|assets| |held|in|this|capacity| |Name|and|objects|of the| |charity|on whose|behalf the| |assets|are|held|and|how|this| |falls|within|the|custodian| |charity’s|objects| |Details|of arrangements|for| |safe|custody and| |segregation|of such|assets| |from|the|charity's|own|assets|

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Additional information (optional)

Names and addresses of advisers (Optional information)

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||||| |---|---|---|---| |Type|of|Name|Address| |adviser|

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Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Position (eg Secretary, |Nominated Contact Person Chair, etc)

Date| 55/09/2024

AL ATHARIYYAH

Trustees Report & Annual Financial Statements Year Ended 30 June 2024

Registered Charity Number: 1116996

AL ATHARIYYAH

Year Ended 30 June 2024

Contents Page(s)
Charity information 2
Trustees' Report 3-4
Independent examiner's report 5
Statement of Financial Activities 6
Balance sheet 7
Notes to the financial statements 8-13

Page 1

AL ATHARIYYAH

Year Ended 30 June 2024

Charity Information

Trustees

The trustees who served during the year were:

Mr Wajid Riaz Mr Saeed Rehmat Mr Ozan Cicek

Secretary

Mr Ozan Cicek

Accountants

SARFRAZ KHAN (FCCA) Lytchett House, 13 freeland Park Wareham Road Dorset BH16 6FH

Principal Bankers

HSBC

Head office

PO Box: 48160 London E6 9AJ

Registered charity number 1116996

Page 2

AL ATHARIYYAH

Year Ended 30 June 2024

TRUSTEES' REPORT

The trustees present their report and accounts for the year ended 30 June 2024.

Governing Document

The Charity is governed by a trust deed dated 16 October 2006 The document is described as the constitution.

Objects of the Charity

To Promote : The knowledge of Allah (God) as portrayed in the authentic sources of islam and according to the way of Salaf - AS - Saalih (pious predecessors) .

Investment Powers

The trustees have broad investment powers.

Election and Appointment of Trustees

Elections to the management committee are carried in accordance with the procedures set out in Trust Deed.

Activities and Achievments

The trust has had a satisfactory year.

Other

Further policies of the trust are set out in note 10 to the accounts.

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AL ATHARIYYAH

Year Ended 30 June 2024

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AL ATHARIYYAH

I report on the accounts of the Trust for the year ended 30 June 2024, which are set out on pages 6 to 13.

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 144(2) of the Charities Act 2011 and that an independent examination is desired. The charity's gross income did not exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of ACCA.

It is my responsibility to:

Basis of Independent Examiner's Statement

My examination was carried out in accordance with 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 the 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:

(a) (b)

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.

Sarfraz Khan FCCA Lytchett House, 13 freeland Park

Wareham Road

Dorset

BH16 6FH

25 September 2024

Page 5

AL ATHARIYYAH

Year Ended 30 June 2024

AL ATHARIYYAH

Statement of Financial Activities For the year ended 30 June 2024

AL ATHARIYYAH
Statement of Financial Activities
For the year ended 30 June 2024
Notes
Income and Expenditure
Incoming Resources
Donations, legacies and similar
Income from activities in furtherance of objects
Income from activities for generating funds
Total incoming resources
Resources Expended
(see explanatory notes)
Costs of activities for charitable objectives
2
Support Costs
2
Management and administration costs
2
Total resources expended
Net incoming resources before transfers
Net incoming/(outgoing) resources after
transfers
Net movement in funds
9		 Unrestricted
Funds
£
134,117
-
134,117
58,795
60,966
600
120,361
13,756
-
13,756
13,756		 Total
Total
Funds
Funds
2024
2023
£
£
134,117
134,041
-
134,117
134,041
58,795
52,785
60,966
53,746
600
600
120,361
107,131
13,756
26,910
-
-
13,756
26,910
13,756
26,910

Page 6

AL ATHARIYYAH

Year Ended 30 June 2024

AL ATHARIYYAH

Balance Sheet As at 30 June 2024

AL ATHARIYYAH
Balance Sheet
As at 30 June 2024
Notes
Fixed assets
Tangible assets
5
Total fixed assets
Current assets
Stock
Cash at bank and in hand
Debtors
6
Total current assets
Creditors: amounts falling due
within one year
7
Net current assets/(liabilities)
Total assets less current
liabilities
Creditors: amounts falling due
after one year
8
Net Assets
Capital funds
Permanent endowment
9
Income funds
Unrestricted funds
9
Total funds		 Unrestricted
Funds
£
958,968
958,968
267,633
-
267,633
(600)
267,033
1,226,001
-
1,226,001
-
1,226,001
1,226,001		 Total funds
Total funds
2024
2023
£
£
958,968
959,934
958,968
959,934
-
-
267,633
252,911
-
-
267,633
252,911
(600)
(600)
267,033
252,311
1,226,001
1,212,245
-
-
1,226,001
1,212,245
-
-
1,226,001
1,212,245
1,226,001
1,212,245

………………………………………………… Approved on Behalf of the Trust Mr Ozan Cicek

25 September 2024

Page 7

AL ATHARIYYAH

Year Ended 30 June 2024

Notes to the financial statements

1 ACCOUNTING POLICIES

The accounts have been prepared under the historical cost convention and in accordance with the Charities Acts 2011 and the Statement of Recommended Practice 2005 (SORP).

Incoming Resources:
Donations, legacies and similar These are included in the Statement of Financial Activities (SOFA) when:
incoming resources - the charity becomes entitled to the donation, legacy or similar income
and any conditions for receipt are met.
- the trustees are reasonably certain they will receive it; and
- the trustees are reasonably certain that the value can be reliably
measured.
Tax reclaims on donations and gifts Incoming resources from tax claims are included on the SOFA at the
same time as the gift to which they relate, to the extent that
tax recoverability is certain.
Incoming resources from fund These are reported gross in the SOFA.
raising
Gifts in kind for sale or distribution These are included in the accounts as gifts only when sold or distributed
by the charity. Gifts in kind are accounted for at a reasonable estimate
of their value to the charity or the amount actually realised.
Gifts in kind for use by the charity These are included in the SOFA as incoming resources when receivable.
Intangible income This is only included in the accounts when the benefit received is actually
(e.g. donated facilities) quantifiable, receivable and material, and the cost is being borne by a
third party. When included it is valued at the lower of the cost borne by
the third party, and the reasonable estimate of the value to the charity.
Investment income This and any associated tax credits are included in the accounts when
receivable.
Expenditure & Liabilities:
Liability recognition Generally liabilities are recognised as soon as there is a legal obligation
or constructive obligation committing the charity to expenditure.
Assets:
Tangible fixed assets for use by These are only capitalised when they can be used for more than a year
the charity and cost more than £250. They are valued at cost or a reasonable value
on receipt. The charity does not have a policy of revaluation.
Depreciation is charged on a straight line basis over the estimated
useful life of the underlying asset. The following rates apply:
Plant & Equipment
25%
Value Added Tax Expenditure is shown inclusive of VAT.
Funds
Restricted Restricted funds are subject to specific conditions imposed by the donors
Permanent Endowment The capital of such funds will be held until the objectives of the Trust are
satisfied.

Page 8

AL ATHARIYYAH

Year Ended 30 June 2024

Notes to the financial statements (continued)

2 EXPENDITURE

The Charity has analysed its resources expended on the functional basis provided by the SORP.

Costs of activities in furtherance of the charity's objects
Unrestricted
Professional fees
Office, Stationery & Postage
Donations
Total
Support Costs
Unrestricted
Heat & Light
Insurance
Water
Travel Expenses
Repairs
Security & Safety
IT
Wages
Accomodation
Depreciation
Total
Management and administration costs
Unrestricted
Accountancy fees
Total		 2024
2023
£
£
20,926
22,308
25,741
7,222
12,128
23,255
58,795
52,785
2024
2023
£
£
8,723
5,989
-
-
-
-
-
-
-
-
-
-
3,643
4,598
43,756
36,527
3,878
5,022
966
1,610
60,966
53,746
2024
2023
£
£
600
600
600
600

Page 9

AL ATHARIYYAH

Year Ended 30 June 2024

Notes to the financial statements (continued)

3 SALARIES AND WAGES

Detailed information covering all the employees of the charity:

Gross wages and salaries
Total staff costs
Average number of employees
for the year		 2024
2023
£
£
43,756
36,527
43,756
36,527
6
6

4 TRUSTEES AND OTHER RELATED PARTIES

Related party transactions: There were no related party transactions of the charity in the period.

5 TANGIBLE FIXED ASSETS

Cost
at 1 July 2023
Additions
Disposal
at 30 June 2024
Depreciation
at 1 July 2023
Charged in year
Disposal
at 30 June 2024
Net book value
at 30 June 2024
at 1 July 2023		 Land &
Safety
Computer
Total
Building
Equipment
£
£
£
£
955,105
10,787
400
966,292
-
955,105
10,787
400
966,292
5,979
379
6,358
962
4
966
-
6,941
383
7,324
955,105
3,846
17
958,968
955,105
4,808
21
959,934

Page 10

AL ATHARIYYAH

Year Ended 30 June 2024

Notes to the financial statements (continued)

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6 DEBTORS
----- End of picture text -----

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----- Start of picture text -----
AMOUNTS FALLING DUE WITHIN ONE YEAR
----- End of picture text -----

==> picture [353 x 426] intentionally omitted <==

----- Start of picture text -----
2024 2023
£ £
Unrestricted
Trade debtors & prepayments
Total - -
7 CREDITORS
AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Unrestricted
Trade Creditors & Accruals 600 600
Total 600 600
8 CREDITORS
AMOUNTS FALLING DUE AFTER ONE YEAR
2024 2023
£ £
Unrestricted
Loan
Total - -
The loan is unsecured, non-interest bearing and not repayable on demand.
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Page 11

AL ATHARIYYAH

Year Ended 30 June 2024

Notes to the financial statements (continued)

9 MOVEMENT OF THE MAJOR FUNDS

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Fund Name
----- End of picture text -----

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----- Start of picture text -----
Permanent Unrestricted
Endowment Income Fund Total
Incoming Resources 134,117 134,117
Expenditure (120,361) (120,361)
Transfers
Gains and losses
Net movement
- 13,756 13,756
Opening Balance 1,212,245 1,212,245
Closing Balance - 1,226,001 1,226,001
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ENDOWMENT & RESTRICTED FUNDS

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----- Start of picture text -----
Type
Fund Name PE, EE or RF Purpose and Restrictions
----- End of picture text -----

10 OTHER INFORMATION

1 Capital Commitments There were no capital commitments at the year end.

3 The charity has not granted any loans that are outstanding at the year end to any institution associated with the charity.

4 The charity did not make any ex-gratia payments during the year .

Page 12

AL ATHARIYYAH

Year Ended 30 June 2024

Notes to the financial statements (continued)

11 DECLARATIONS BY TRUSTEES

Adequacy of assets to meet fund Sufficient resources are held in an appropriate form to enable each fund
restrictions to be applied in accordance with the restrictions imposed.
Change in year end The trustees have not changed the year end date nor the length of the
charity's financial year
Designated Funds The charity does not have any designated funds.
Discontinued, continuing and All the charity's operations are continuing and there are no operations that
acquired operations were discontinued or acquired during the year.
Funds in deficit No funds (unrestricted, designated, restricted or endowment) are in cash
deficit at the balance sheet date.
Inalienable or historic assets The charity had no assets at the balance sheet classed as inalienable
or historic.
Inter-fund loans There were no inter-fund loans outstanding at the balance sheet date.
Revaluations None of the charity's functional fixed assets have been revalued during
the year and the charity does not have a policy of revaluation of these
assets.
Subsidiaries The charity has no subsidiary companies.
Uncapitalised fixed assets The charity has no material fixed assets which have not been capitalised
and included on the balance sheet.

Page 13

AL ATHARIYYAH

Trustees Report & Annual Financial Statements Year Ended 30 June 2024

Registered Charity Number: 1116996

AL ATHARIYYAH

Year Ended 30 June 2024

Contents Page(s)
Charity information 2
Trustees' Report 3-4
Independent examiner's report 5
Statement of Financial Activities 6
Balance sheet 7
Notes to the financial statements 8-13

Page 1

AL ATHARIYYAH

Year Ended 30 June 2024

Charity Information

Trustees

The trustees who served during the year were:

Mr Wajid Riaz Mr Saeed Rehmat Mr Ozan Cicek

Secretary

Mr Ozan Cicek

Accountants

SARFRAZ KHAN (FCCA) Lytchett House, 13 freeland Park Wareham Road Dorset BH16 6FH

Principal Bankers

HSBC

Head office

PO Box: 48160 London E6 9AJ

Registered charity number 1116996

Page 2

AL ATHARIYYAH

Year Ended 30 June 2024

TRUSTEES' REPORT

The trustees present their report and accounts for the year ended 30 June 2024.

Governing Document

The Charity is governed by a trust deed dated 16 October 2006 The document is described as the constitution.

Objects of the Charity

To Promote : The knowledge of Allah (God) as portrayed in the authentic sources of islam and according to the way of Salaf - AS - Saalih (pious predecessors) .

Investment Powers

The trustees have broad investment powers.

Election and Appointment of Trustees

Elections to the management committee are carried in accordance with the procedures set out in Trust Deed.

Activities and Achievments

The trust has had a satisfactory year.

Other

Further policies of the trust are set out in note 10 to the accounts.

Page 3

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AL ATHARIYYAH

Year Ended 30 June 2024

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AL ATHARIYYAH

I report on the accounts of the Trust for the year ended 30 June 2024, which are set out on pages 6 to 13.

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 144(2) of the Charities Act 2011 and that an independent examination is desired. The charity's gross income did not exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of ACCA.

It is my responsibility to:

Basis of Independent Examiner's Statement

My examination was carried out in accordance with 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 the 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:

(a) (b)

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.

Sarfraz Khan FCCA Lytchett House, 13 freeland Park

Wareham Road

Dorset

BH16 6FH

25 September 2024

Page 5

AL ATHARIYYAH

Year Ended 30 June 2024

AL ATHARIYYAH

Statement of Financial Activities For the year ended 30 June 2024

AL ATHARIYYAH
Statement of Financial Activities
For the year ended 30 June 2024
Notes
Income and Expenditure
Incoming Resources
Donations, legacies and similar
Income from activities in furtherance of objects
Income from activities for generating funds
Total incoming resources
Resources Expended
(see explanatory notes)
Costs of activities for charitable objectives
2
Support Costs
2
Management and administration costs
2
Total resources expended
Net incoming resources before transfers
Net incoming/(outgoing) resources after
transfers
Net movement in funds
9		 Unrestricted
Funds
£
134,117
-
134,117
58,795
60,966
600
120,361
13,756
-
13,756
13,756		 Total
Total
Funds
Funds
2024
2023
£
£
134,117
134,041
-
134,117
134,041
58,795
52,785
60,966
53,746
600
600
120,361
107,131
13,756
26,910
-
-
13,756
26,910
13,756
26,910

Page 6

AL ATHARIYYAH

Year Ended 30 June 2024

AL ATHARIYYAH

Balance Sheet As at 30 June 2024

AL ATHARIYYAH
Balance Sheet
As at 30 June 2024
Notes
Fixed assets
Tangible assets
5
Total fixed assets
Current assets
Stock
Cash at bank and in hand
Debtors
6
Total current assets
Creditors: amounts falling due
within one year
7
Net current assets/(liabilities)
Total assets less current
liabilities
Creditors: amounts falling due
after one year
8
Net Assets
Capital funds
Permanent endowment
9
Income funds
Unrestricted funds
9
Total funds		 Unrestricted
Funds
£
958,968
958,968
267,633
-
267,633
(600)
267,033
1,226,001
-
1,226,001
-
1,226,001
1,226,001		 Total funds
Total funds
2024
2023
£
£
958,968
959,934
958,968
959,934
-
-
267,633
252,911
-
-
267,633
252,911
(600)
(600)
267,033
252,311
1,226,001
1,212,245
-
-
1,226,001
1,212,245
-
-
1,226,001
1,212,245
1,226,001
1,212,245

………………………………………………… Approved on Behalf of the Trust Mr Ozan Cicek

25 September 2024

Page 7

AL ATHARIYYAH

Year Ended 30 June 2024

Notes to the financial statements

1 ACCOUNTING POLICIES

The accounts have been prepared under the historical cost convention and in accordance with the Charities Acts 2011 and the Statement of Recommended Practice 2005 (SORP).

Incoming Resources:
Donations, legacies and similar These are included in the Statement of Financial Activities (SOFA) when:
incoming resources - the charity becomes entitled to the donation, legacy or similar income
and any conditions for receipt are met.
- the trustees are reasonably certain they will receive it; and
- the trustees are reasonably certain that the value can be reliably
measured.
Tax reclaims on donations and gifts Incoming resources from tax claims are included on the SOFA at the
same time as the gift to which they relate, to the extent that
tax recoverability is certain.
Incoming resources from fund These are reported gross in the SOFA.
raising
Gifts in kind for sale or distribution These are included in the accounts as gifts only when sold or distributed
by the charity. Gifts in kind are accounted for at a reasonable estimate
of their value to the charity or the amount actually realised.
Gifts in kind for use by the charity These are included in the SOFA as incoming resources when receivable.
Intangible income This is only included in the accounts when the benefit received is actually
(e.g. donated facilities) quantifiable, receivable and material, and the cost is being borne by a
third party. When included it is valued at the lower of the cost borne by
the third party, and the reasonable estimate of the value to the charity.
Investment income This and any associated tax credits are included in the accounts when
receivable.
Expenditure & Liabilities:
Liability recognition Generally liabilities are recognised as soon as there is a legal obligation
or constructive obligation committing the charity to expenditure.
Assets:
Tangible fixed assets for use by These are only capitalised when they can be used for more than a year
the charity and cost more than £250. They are valued at cost or a reasonable value
on receipt. The charity does not have a policy of revaluation.
Depreciation is charged on a straight line basis over the estimated
useful life of the underlying asset. The following rates apply:
Plant & Equipment
25%
Value Added Tax Expenditure is shown inclusive of VAT.
Funds
Restricted Restricted funds are subject to specific conditions imposed by the donors
Permanent Endowment The capital of such funds will be held until the objectives of the Trust are
satisfied.

Page 8

AL ATHARIYYAH

Year Ended 30 June 2024

Notes to the financial statements (continued)

2 EXPENDITURE

The Charity has analysed its resources expended on the functional basis provided by the SORP.

Costs of activities in furtherance of the charity's objects
Unrestricted
Professional fees
Office, Stationery & Postage
Donations
Total
Support Costs
Unrestricted
Heat & Light
Insurance
Water
Travel Expenses
Repairs
Security & Safety
IT
Wages
Accomodation
Depreciation
Total
Management and administration costs
Unrestricted
Accountancy fees
Total		 2024
2023
£
£
20,926
22,308
25,741
7,222
12,128
23,255
58,795
52,785
2024
2023
£
£
8,723
5,989
-
-
-
-
-
-
-
-
-
-
3,643
4,598
43,756
36,527
3,878
5,022
966
1,610
60,966
53,746
2024
2023
£
£
600
600
600
600

Page 9

AL ATHARIYYAH

Year Ended 30 June 2024

Notes to the financial statements (continued)

3 SALARIES AND WAGES

Detailed information covering all the employees of the charity:

Gross wages and salaries
Total staff costs
Average number of employees
for the year		 2024
2023
£
£
43,756
36,527
43,756
36,527
6
6

4 TRUSTEES AND OTHER RELATED PARTIES

Related party transactions: There were no related party transactions of the charity in the period.

5 TANGIBLE FIXED ASSETS

Cost
at 1 July 2023
Additions
Disposal
at 30 June 2024
Depreciation
at 1 July 2023
Charged in year
Disposal
at 30 June 2024
Net book value
at 30 June 2024
at 1 July 2023		 Land &
Safety
Computer
Total
Building
Equipment
£
£
£
£
955,105
10,787
400
966,292
-
955,105
10,787
400
966,292
5,979
379
6,358
962
4
966
-
6,941
383
7,324
955,105
3,846
17
958,968
955,105
4,808
21
959,934

Page 10

AL ATHARIYYAH

Year Ended 30 June 2024

Notes to the financial statements (continued)

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6 DEBTORS
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AMOUNTS FALLING DUE WITHIN ONE YEAR
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2024 2023
£ £
Unrestricted
Trade debtors & prepayments
Total - -
7 CREDITORS
AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Unrestricted
Trade Creditors & Accruals 600 600
Total 600 600
8 CREDITORS
AMOUNTS FALLING DUE AFTER ONE YEAR
2024 2023
£ £
Unrestricted
Loan
Total - -
The loan is unsecured, non-interest bearing and not repayable on demand.
----- End of picture text -----

Page 11

AL ATHARIYYAH

Year Ended 30 June 2024

Notes to the financial statements (continued)

9 MOVEMENT OF THE MAJOR FUNDS

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Fund Name
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Permanent Unrestricted
Endowment Income Fund Total
Incoming Resources 134,117 134,117
Expenditure (120,361) (120,361)
Transfers
Gains and losses
Net movement
- 13,756 13,756
Opening Balance 1,212,245 1,212,245
Closing Balance - 1,226,001 1,226,001
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ENDOWMENT & RESTRICTED FUNDS

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Type
Fund Name PE, EE or RF Purpose and Restrictions
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10 OTHER INFORMATION

1 Capital Commitments There were no capital commitments at the year end.

3 The charity has not granted any loans that are outstanding at the year end to any institution associated with the charity.

4 The charity did not make any ex-gratia payments during the year .

Page 12

AL ATHARIYYAH

Year Ended 30 June 2024

Notes to the financial statements (continued)

11 DECLARATIONS BY TRUSTEES

Adequacy of assets to meet fund Sufficient resources are held in an appropriate form to enable each fund
restrictions to be applied in accordance with the restrictions imposed.
Change in year end The trustees have not changed the year end date nor the length of the
charity's financial year
Designated Funds The charity does not have any designated funds.
Discontinued, continuing and All the charity's operations are continuing and there are no operations that
acquired operations were discontinued or acquired during the year.
Funds in deficit No funds (unrestricted, designated, restricted or endowment) are in cash
deficit at the balance sheet date.
Inalienable or historic assets The charity had no assets at the balance sheet classed as inalienable
or historic.
Inter-fund loans There were no inter-fund loans outstanding at the balance sheet date.
Revaluations None of the charity's functional fixed assets have been revalued during
the year and the charity does not have a policy of revaluation of these
assets.
Subsidiaries The charity has no subsidiary companies.
Uncapitalised fixed assets The charity has no material fixed assets which have not been capitalised
and included on the balance sheet.

Page 13