Company Registration Number - 5567478
The Charity Registration Number is :- 1119977
Muslim Research and Developement Foundation
Report and Accounts
30 September 2025
Muslim Research and Developement Foundation
Report and accounts for the period ended 30 September 2025
Contents
| Page | ||
|---|---|---|
| Charity information | 1 | |
| Trustees' Annual Report | 1 | |
| Statement of directors' responsibilities | 11 | |
| Accountants' report | 13 | |
| Funds Statements:- | ||
| Statement of Financial Activities | 15 | |
| Movements in funds | 16 | |
| Revenue Funds | 16 | |
| Income and Expenditure account | 17 | |
| Balance sheet | 18 | |
| Cash flow statement | 19 | |
| Notes to the accounts | 21 |
Muslim Research and Developement Foundation
Company Registration Number - 5567478
Trustees' Annual Report for the period from 1 January 2025 to 30 September 2025
The Trustees present their Report and Accounts for the period ended 30 September 2025, which also comprises the Directors' Report required by the Companies Act 2006.
Reference and administrative details
The charity name.
The legal name of the charity is:- Muslim Research and Developement Foundation. The charity is also known by its operating name, MRDF.
The charity's areas of operation and UK charitable registration.
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1119977.
The charity does not operate in any overseas jurisdictions.
Legal structure of the charity
The charity is constituted asa company limited by guarantee, registered under the Companies Acts The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.
The governing document is dated 03 June 2007
There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.
By operation of law all, Trustees are directors under the Companies Act 2006 and all directors are Trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.
The Trustees are all individuals.
The principal operating address, telephone number, email and web addresses of the
56 Greenfield Road
London
E1 1EJ
Telephone 0203 743 8412
Email Address enquiries@mrdf.co.uk Web address www.mrdf.co.uk
The registered office of the charity for Companies Act purposes is the same as the operating address shown above.
The Trustees in office on the date the report was approved were:-
M Khalid
F Haibatan
Y Patel
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Muslim Research and Developement Foundation
Company Registration Number - 5567478 Trustees' Annual Report for the period from 1 January 2025 to 30 September 2025
The following persons served as Trustees during the period ended 30 September 2025 :- The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.
At the Annual General Meeting all the Trustees retire as Trustees, but are eligible for reappointment.
All the Trustees are also members of the charity.
Objectives and activities of the Charity
The purposes of the charity as set out in its governing document.
The Charity's objectives and principal activities as set out in the Memorandum and Articles of Association continue to be that of: 1) To facilitate the development of leadership skills within the Muslim community. 2) The advancement of research into Islamic solutions to challenges faced by Muslims communities, as well as the general population in the UK. 3) To facilitate Muslims furthering their knowledge. 4) To produce Islamic media. 5) To undertake any charitable activity in the pursuit of the above objectives.
The main activities undertaken in relation to those purposes during the period.
1)The provision of over 14 Sabeel retreats across multiple cohorts during the period. 2)The provision of 3 Sihaab weekend retreats in the period. 3)The delivery of more than 10 in-person and online seminars in Ramadan, Dhul Hijjah and throughout the period.
4)The provision of the Ta’seel Qur’anic Journey Programme, launched in February 2025.
5)The continued support of retreats in Germany, Holland, Denmark and Turkiye.
During the period, MRDF continued to deliver structured Islamic learning through its Sabeel and Sihaab retreat programmes in the UK, complemented by retreats and seminars delivered in partnership with organisations in Germany, Holland, Denmark and Turkiye.
These retreats attracted participants from diverse backgrounds and provided opportunities to deepen their understanding of Islamic principles whilst strengthening their spiritual connection. Through the study of the Qur'an and related Islamic sciences, alongside themes relevant to contemporary life, the programmes created an environment for both learning and personal reflection. These activities continued to support MRDF's charitable objective of providing accessible, high quality Qur'anic and Islamic education to students, alumni and the wider public.
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Muslim Research and Developement Foundation
Company Registration Number - 5567478 Trustees' Annual Report for the period from 1 January 2025 to 30 September 2025
A significant milestone during the period was the successful launch of the inaugural Ta'seel Qur'anic Journey Intensive Programme in February 2025. The programme marked the beginning of a new phase in MRDF's educational offering, providing participants with a structured and immersive learning experience centred on the Qur'an and its practical application over an extended period of study.
In addition to its retreat programmes, MRDF delivered educational webinars, Ramadan and Hajj seminar series, and a range of digital educational resources. These initiatives enabled the charity to reach a wider audience beyond those attending events in person, extending the accessibility of its educational content and supporting individuals in strengthening their understanding and practice of Islam.
The charity continued to benefit from the dedication of its volunteers, speakers and organisers, whose commitment was instrumental in the successful delivery of its programmes and events throughout the period. Their support enabled MRDF to continue fulfilling its charitable objectives while maintaining the high standard of delivery expected by participants.
Financially, the charity reported a modest deficit for the period but remained in a resilient financial position, with total income of £990k, comprising £732k from donations and £258k from educational activities. This funding enabled MRDF to continue delivering its programmes and advancing its charitable mission.
MRDF also continued its commitment to expanding its outreach through investment in an agile marketing strategy. Marketing expenditure exceeded £76k during the nine month period, compared with £75k during the twelve month period ended 31 December 2024. This investment strengthened the charity's digital presence, increased awareness of its programmes, and broadened engagement with existing and prospective participants, supporting the continued growth and sustainability of MRDF's mission.
Looking ahead, MRDF is well positioned to further develop its educational programmes and expand its reach, while remaining committed to its mission of promoting compassion, justice and mercy through high quality Qur'anic and Islamic education.
The main activities undertaken during the period to further the charity's purpose for the public benefit.
Throughout the period, MRDF expanded its educational offering by delivering a range of Islamic learning programmes, residential retreats and public events designed to strengthen understanding of the Qur'an and Islamic sciences. Its established Sabeel and Sihaab programmes continued to attract participants from across the UK, while the newly introduced Ta'seel programme commenced, providing a structured two year course of study for university students and young professionals.
Alongside its UK activities, MRDF collaborated with partner organisations to facilitate retreats, seminars and educational events in Germany, Holland, Denmark and Turkiye, enabling a broader international reach. The charity also organised seasonal learning initiatives, including Ramadan and Hajj programmes, together with online lectures and digital educational content, making its resources more widely available and supporting continued engagement with diverse audiences.
The trustees have taken into account the Charity Commission's guidance on public benefit in managing the activities of the charity.
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Muslim Research and Developement Foundation
Company Registration Number - 5567478
Trustees' Annual Report for the period from 1 January 2025 to 30 September 2025
Public Benefit: Ensuring Inclusivity and Access in the period
MRDF’s commitment to public benefit remained central to its work in the period to 30 September 2025, with a focus on supporting the Muslim community while remaining open and inclusive to the wider public. As an organization, we are dedicated to addressing the needs of individuals and families, offering support through education, spiritual nourishment, and personal development. This mission has become increasingly important as the community continues to navigate ongoing societal challenges.
In the period, MRDF continued to expand its online services and hybrid models to ensure accessibility for all. Our Sabeel and Sihaab retreats, workshops, seminars, and digital content allowed participants from across the UK and internationally to engage with our programmes. Additionally, collaborations with European partners helped broaden the reach of MRDF’s mission.
Our commitment to transparency and accessibility ensures that no one is excluded from benefiting from our services due to financial constraints. We continued to implement several initiatives to prioritize inclusivity and affordability:
1.Affordable and Transparent Fee Structures: We maintained a fee structure aligned with our charitable mission, offering services at entry-level costs. While some services generate income, they do so within a framework that ensures fairness, with proportional discounts where necessary. All fees were approved by the trustees to ensure they remain accessible to all.
2.Discounts for Students and Low-Income Individuals: In the period, we continued to provide discounts for students and those on low incomes, making it possible for these groups to fully participate in our programmes without facing financial barriers.
3.Instalment Plans for Flexibility: We offered flexible instalment plans for those unable to pay the full cost of an activity upfront. These plans were tailored to individual financial circumstances, allowing participants to pay over time. In cases of significant financial hardship, the charity also provided provisions to waive or defer payments, ensuring no one was excluded from participation.
At MRDF, we believe that financial constraints should never prevent individuals from accessing our services. We take great care to ensure that any benefits, whether material or otherwise, provided to trustees, members, or participants are incidental and available to the general public under the same terms.
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Muslim Research and Developement Foundation
Company Registration Number - 5567478 Trustees' Annual Report for the period from 1 January 2025 to 30 September 2025
The short term and longer term aims and objectives.
During the period, the charity focused on strengthening and expanding its educational provision through the successful launch of the Ta'seel programme, maintaining the quality and regular delivery of its established learning programmes, and broadening engagement with supporters and beneficiaries. Attention was also given to enhancing organisational capacity and developing the resources required to support the charity's continued growth.
Over the longer term, MRDF aims to build a resilient and sustainable organisation through a diversified funding model, robust governance and safeguarding arrangements, and strong partnerships across Europe. The charity also seeks to broaden access to structured Qur'anic and Islamic education, enabling greater numbers of individuals to benefit from high quality learning opportunities.
The charity's strategies for achieving its aims and objectives in the future.
MRDF intends to achieve its objectives by continuing to strengthen its core educational programmes, expanding access to structured Qur'anic and Islamic learning, and working closely with partner organisations to maintain consistently high standards of teaching and programme delivery. The charity will continue to invest in safeguarding, governance and operational resilience, while developing sustainable sources of income through regular giving, sponsorship, alumni engagement and other long term fundraising initiatives. These strategies are intended to support the charity's continued growth while ensuring that it remains financially resilient and well governed.
How the activities undertaken during the period contributed to the achievement of the aims and objectives.
The programmes and events delivered during the period directly supported the charity's objective of providing accessible, high quality Qur'anic and Islamic education. The successful launch of the Ta'seel programme broadened MRDF's educational offering, while its established retreat programmes and international partnerships enabled the charity to reach a wider audience. Educational events, digital content and fundraising initiatives also strengthened engagement with supporters and beneficiaries, helping to sustain and develop the charity's activities.
Resources used in the activities undertaken during the period.
The charity's activities were supported through a combination of financial resources, staff, volunteers, trustees and strategic partnerships. Expenditure was directed towards programme delivery, venue hire, teaching costs, digital infrastructure and operational support. Income from programme fees, sponsorships, regular giving and charitable donations enabled MRDF to deliver its educational activities throughout the period.
The contribution of volunteers during the period.
Volunteers continued to make an important contribution across a range of activities, including programme administration, event logistics, student support, communications and alumni engagement. Their commitment enhanced the quality of programme delivery, strengthened relationships within the community, and enabled the charity to maximise the impact of its available resources. The support provided by volunteers also contributed to the efficient delivery of the charity's educational activities throughout the period.
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Muslim Research and Developement Foundation
Company Registration Number - 5567478 Trustees' Annual Report for the period from 1 January 2025 to 30 September 2025
Achievements and Performance
The main achievements and performance of the charity during the period.
A significant achievement during the period was the successful launch of the inaugural Ta'seel Qur'anic Journey Programme, marking a major expansion of MRDF's structured educational offering. Alongside this, the charity continued to deliver its established Sabeel and Sihaab programmes, providing retreats and educational events across the UK and in partnership with organisations in Germany, Holland, Denmark and Turkiye. MRDF also expanded its online educational content and maintained strong engagement with its supporters, helping to broaden the reach of its educational activities and support the continued delivery of its charitable objectives.
Factors relevant to the achievement of the charity's objectives
The charity continued to operate in a challenging economic environment, with increasing programme costs and changing patterns of charitable giving influencing financial planning throughout the period. Despite these challenges, MRDF maintained the delivery of its core educational programmes and successfully launched the Ta'seel programme, reflecting the resilience of its operating model.
The continued commitment of volunteers, trustees, teaching staff and partner organisations provided a strong foundation for achieving the charity's objectives. Effective governance, prudent financial management and established collaborative partnerships also contributed to the charity's ability to deliver high quality educational programmes while remaining focused on its long term strategic aims.
Summary of the main achievements of the charity during the year
During the period, MRDF successfully launched the Ta'seel programme, representing a significant expansion of its structured educational offering. The charity also continued to deliver its established Sabeel and Sihaab retreat programmes, facilitated educational events and partnerships across the UK and Europe, expanded its online learning resources, and maintained strong engagement with supporters, alumni and partner organisations in support of its charitable objectives.
Fundraising activities during the period.
The charity's fundraising activities included Ramadan and Dhul Hijjah appeals, regular giving initiatives, sponsorships and year end fundraising campaigns. These were complemented by educational programmes and community engagement activities, helping to strengthen relationships with donors while generating income to support the charity's charitable purposes.
Despite continuing economic pressures, MRDF generated £732k in donation income during the period. In addition, the charity secured a further £127k of funding designated to support activities planned for the following financial period. This continued the positive progress made in the previous year and strengthened the charity's financial resilience by enabling future programmes to be planned and delivered with greater certainty.
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Muslim Research and Developement Foundation
Company Registration Number - 5567478 Trustees' Annual Report for the period from 1 January 2025 to 30 September 2025
The trustees continued to invest in fundraising and marketing activities to broaden the charity's reach, strengthen engagement with existing and prospective supporters, and promote the long term sustainability of the charity's educational programmes. This investment contributed to maintaining a strong donor base and supporting the continued delivery and development of MRDF's charitable activities.
The degree to which the achievements and performance during the period have benefited wider society.
The charity's educational programmes provided opportunities for individuals to develop a deeper understanding of the Qur'an and Islamic sciences, encouraging personal development and active participation within their communities. Through a combination of in person, residential and online learning, together with educational partnerships across Europe, MRDF was able to reach a broad audience in the UK and internationally, extending the public benefit of its charitable activities and improving access to structured Islamic education.
How the achievements during the period measure up to the objectives set.
The Trustees consider that the charity made good progress in achieving its objectives during the period. Planned educational programmes were successfully delivered, the Ta'seel programme was successfully launched, partnerships with overseas organisations continued to develop, and fundraising activities provided ongoing support for the charity's operations. Progress was also made in strengthening the charity's organisational sustainability, governance and long term financial resilience.
The performance of material fundraising activities during the period against the fundraising objectives set.
The charity's principal fundraising campaigns performed in line with the trustees' expectations and generated the income required to support the continued delivery of its educational programmes. Regular giving and donor engagement remained strong throughout the period, while fundraising activities also secured funding for future programme delivery, contributing to the charity's ongoing financial resilience.
The charity invested approximately £75k in fundraising activities during the nine month period, compared with £73k during the twelve month period ended 31 December 2024. This investment supported enhanced donor engagement, strengthened fundraising capacity, and contributed to the achievement of the charity's fundraising objectives, including securing funding for both current and future programme delivery.
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Muslim Research and Developement Foundation
Company Registration Number - 5567478
Trustees' Annual Report for the period from 1 January 2025 to 30 September 2025
Structure, governance and management of the charity
The methods used to recruit and appoint new charity Trustees.
The Charity utilises all avenues of recruitment - using specialist agencies, contacts and word of mouth, to gather a list of potential candidates. The candidates are then short-listed and interviewed. The process is managed by the CEO.
The policies and procedures for the induction and training of Trustees.
New Trustees are appointed based on experience in the areas pertinent to the Charity's objectives and selected by the Board of Trustees. Each new trustee undergoes an orientation day to brief them on their legal obligations under the Charities and Companies Acts. They are provided with the Charity Commission's guidance and a copy of the Memorandum of Association.
The charity's organisational structure.
The Charity has a Board of Trustees that are ultimately responsible for the running and management of the Charity. The Board of Trustees is kept informed by an advisory committee on the operational activities of the Charity. The advisory board has been delegated the day-today operational activity to a management committee headed by Mr Y Patel, Chief Executive Officer (CEO). The CEO, is also a Trustee and Director of the charitable company. In his role as the CEO he reports to the advisory board. The management committee consists of six individuals, including the CEO.
How the charity makes decisions and how decisions are delegated.
The management committee has been authorised to make decisions that impact the daily activities of the Charity and its smooth running and operations. However, any decision that will have a material impact - financial or otherwise - is referred to the Trustees.
The Chief Executive Officer and other senior management personnel to whom day to day management is delegated
Mr Y Patel - Chief Executive Officer Mr M Tahir - Head of Finance Mr A Hussain - Head of Operations Mr F Haibatan - Head of Islamic development Mr J Rashid - Head of legal and communications
Setting pay and remuneration of key management personnel
The renumeration of key management is set by the Trustees and salaries reflect the nature of the Charity, it field of expertise as well as the financial resources available to the Charity. None of the trustees received any payment. Please refer to note 7.
Bankers Solicitors Accountants
HSBC Bank plc, 126 High Road Ilford, Essex IG1 1DA Saracens Solicitors, Sentinel House, 16 Harcourt Street, London Honest Advisory, 1 Tylecroft road, London, SW16 4BL
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Muslim Research and Developement Foundation
Company Registration Number - 5567478 Trustees' Annual Report for the period from 1 January 2025 to 30 September 2025
Financial review
The charity's financial position at the end of the period ended 30 September 2025 The financial position of the charity at 30 September 2025 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
| Total Funds Net loss Unrestricted Revenue Funds available for the general purposes of the charity |
2025 £ (11,025) 33,932 33,932 |
2024 £ (2,238) 44,957 44,957 |
|---|---|---|
Financial review of the position at the reporting date, 30 September 2025 .
The Trustees are satisfied that the charity remained financially stable throughout the period and continued to manage its resources prudently. Income from programme fees, sponsorships, donations and regular giving supported the delivery of the charity's educational activities, while expenditure was carefully managed in line with the trustees' financial objectives.
During the period, the charity also secured £127k of funding towards activities planned for the following financial period, strengthening financial resilience and providing greater certainty over the delivery of future programmes. The trustees continue to monitor the charity's reserves to ensure that sufficient funds are available to support its ongoing operations, manage financial risk and meet future commitments.
Policies on reserves.
The Trustees have reviewed the requirement to maintain a minimum reserve, in light of the main risks faced by the charity and established a reserve policy. It has established a policy that reserves should cover three months of unavoidable costs. This target level is a reserve of £30,000 and it is fully anticipated that this will allow the Charity to meet its fixed and unavoidable costs.
Availability and adequacy of assets of each of the funds
The Board of Trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. MRDF does not currently hold any reserved funds.
Significant events which have affected the financial performance and the financial position.
The charity continued to operate within a challenging economic environment, with increasing programme delivery costs and changing patterns of charitable giving influencing financial planning throughout the period. Despite these factors, prudent financial management and continued donor support enabled the charity to maintain the delivery of its educational programmes and remain focused on its long term strategic objectives.
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Muslim Research and Developement Foundation
Company Registration Number - 5567478 Trustees' Annual Report for the period from 1 January 2025 to 30 September 2025
The major risks to which the Charity is exposed and reviews and systems to mitigate them.
The Management Committee has conducted a review of the major risks to which the charity is exposed. A risk register has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces.
Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the centre. Exposure to legislative risk and political risk is reviewed as part of the risk register and mitigation are in place.
Factors likely to affect future financial performance
Future financial performance will continue to be influenced by wider economic conditions, donor confidence and the cost of delivering educational programmes. The trustees will continue to monitor these factors closely while seeking to strengthen the charity's financial resilience through investment in regular giving, alumni engagement, sponsorship opportunities and a diversified income base. This approach is intended to support the sustainable delivery and continued development of the charity's educational activities.
Principal funding sources in the period and how these support the key objectives of the charity.
The charity's principal sources of income comprised programme fees, sponsorships, regular donations, standing orders and charitable grants. These funds enabled MRDF to deliver its educational programmes, invest in teaching and operational capacity, support partner activities, and continue the development of the Ta'seel programme alongside its wider educational offering, thereby advancing the charity's charitable purposes.
Plans For the Future
Summary of plans for the future and the Trustees' perspective of the future direction of the charity.
Looking ahead, MRDF intends to continue developing its educational programmes, further establish and expand the Ta'seel programme, strengthen partnerships across the UK and Europe, and increase access to high quality Qur'anic and Islamic learning through both in person and digital provision. The trustees will continue to prioritise effective governance, safeguarding, financial sustainability and organisational resilience, with the aim of ensuring that the charity remains well positioned to serve its beneficiaries and deliver lasting public benefit.
Details of The Independent Examiner
M K Sheikh
Member of Institute of Chartered Accountants in England and Wales
1 Tylecroft Road
London
SW16 4BL
10
Muslim Research and Developement Foundation
Company Registration Number - 5567478 Trustees' Annual Report for the period from 1 January 2025 to 30 September 2025 p
Statement of the Directors' and Trustees' Responsibilities
The charity's Trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .
In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
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to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
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select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
The law requires that 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 charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities 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.
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Muslim Research and Developement Foundation
Company Registration Number - 5567478
Trustees' Annual Report for the period from 1 January 2025 to 30 September 2025
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
Method of preparation of accounts - Small company provisions
The financial statements are set out on pages 15 to 34.
The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016)
These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
This report was approved by the Board of Trustees on 17 July 2026.
Yunus Patel Director and Trustee
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Muslim Research and Developement Foundation
Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the period ended 30 September 2025
I report to the Trustees on my examination of the financial statements of the charitable company on pages 15 to 34 for the period ended 30 September 2025 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) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 21.
Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report
As described on page 11, you, the charitable company's Trustees, who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with 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 memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-
a) examine the financial statements of the charity under Section 145 of the Act;
b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.
Basis of Independent Examiner's Statement and scope of work undertaken
Since the charitable company's gross income exceeded £250,000, the charitable company's examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am an authorised member of Member of Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission 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 charitable company and of the accounting systems employed by the charitable company 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, as Trustees, 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, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide
Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
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.
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Muslim Research and Developement Foundation
Independent Examiner's Statement, Report and Opinion
Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-
The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006;
The gross income of the charitable company in the period ended 30 September 2025 appears to exceed the sum specified in Section 145(3) of the Act, namely £250000, and that I am qualified to act as Independent Examiner in accordance with that section by virtue of my being a qualified member of Member of Institute of Chartered Accountants in England and Wales;
This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;
and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-
accounting records were not kept in respect of the charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011;
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;
have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Signed:-
M K Sheikh - Independent Examiner
Member of Institute of Chartered Accountants in England and Wales
1 Tylecroft Road
London SW16 4BL
This report was signed on 17 July 2026
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Muslim Research and Developement Foundation - Statement of Financial Activities for the period ended 30 September 2025
Statement of Financial Activities (including the Income and Expenditure Account for the period from 1 January 2025 to 30 September 2025, as required by the Companies Act 2006)
| Current year Unrestricted Funds 2025 £ Income & Endowments from: Donations & Legacies A1 732,127 Charitable activities A2 257,834 Investments A4 204 Total income A 990,165 Expenditure on: Raising funds B1 150,970 Charitable activities B2 850,220 Total expenditure B 1,001,190 Net income for the year (11,025) Net income after transfers A-B-C (11,025) (11,025) Reconciliation of funds:- E Total funds brought forward 44,957 Total funds carried forward 33,932 SORP Ref Net movement in funds |
Current year Restricted Funds 2025 £ - - - - - - - - - - - - |
Current year Total Funds 2025 £ 732,127 257,834 204 990,165 150,970 850,220 1,001,190 (11,025) (11,025) (11,025) 44,957 33,932 |
Prior Year Total Funds 2024 £ 758,706 230,264 472 989,442 147,812 843,868 991,680 (2,238) (2,238) (2,238) 47,195 44,957 |
|---|---|---|---|
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.
All the prior year transactions were unrestricted items, and no further analysis is required
All activities derive from continuing operations
The notes attached on pages 21 to 34 form an integral part of these accounts.
15
Muslim Research and Developement Foundation - Statement of Financial Activities for the period ended 30 September 2025
Movements in revenue and capital funds for the period from 1 January 2025 to 30 September 2025
Revenue accumulated funds
| Unrestricted Funds 2025 £ Accumulated funds brought forward 44,957 (11,025) 33,932 Closing revenue funds 33,932 Summary of funds Unrestricted and Designated funds 2025 £ Revenue accumulated funds 33,932 Recognised gains and losses before transfers |
Restricted Funds 2025 £ - - - - Restricted Funds 2025 £ - |
Total Funds 2025 £ 44,957 (11,025) 33,932 33,932 Total Funds 2025 £ 33,932 |
Last year Total Funds 2024 £ 47,195 (2,238) 44,957 44,957 Last Year Total Funds 2024 £ 44,957 |
|---|---|---|---|
The notes attached on pages 21 to 34 form an integral part of these accounts.
16
Muslim Research and Developement Foundation - Statement of Financial Activities for the period ended 30 September 2025
Income and Expenditure Account for the period from 1 January 2025 to 30 September 2025 as required by the Companies Act 2006
| Income Income from operations Refunds from HMRC on gift aided donations Investment income Interest receivable Gross income in the period before exceptional items Gross income in the period including exceptional items Expenditure Charitable expenditure, excluding depreciation and amortisation Fundraising costs Realised losses on disposals of social investments which are programme related Total expenditure in the period Tax on surplus on ordinary activities Retained surplus for the financial year Net income after tax in the financial year Net income before tax in the financial year |
2025 £ 934,690 55,271 204 990,165 990,165 850,220 150,970 - 1,001,190 (11,025) - (11,025) (11,025) |
2024 £ 953,387 35,583 472 989,442 989,442 843,868 147,812 - 991,680 (2,238) - (2,238) (2,238) |
|---|---|---|
All activities derive from continuing operations
In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.
The notes attached on pages 21 to 34 form an integral part of these accounts.
17
Muslim Research and Developement Foundation - Balance Sheet as at 30 September 2025
| Note SORP Ref Current assets B Debtors 10 B2 Cash at bank and in hand B4 Total current assets Creditors: amounts falling due within one year 11 C1 Net current assets The total net assets of the charity |
2025 £ 74,151 113,040 187,191 (153,259) 33,932 33,932 |
2024 £ 138,081 38,759 176,840 (131,883) 44,957 44,957 |
|---|---|---|
The total net assets of the charity are funded by the funds of the charity, as follows:-
| Unrestricted Revenue Funds 16 D3 33,932 Total charity funds |
44,957 33,932 - 33,932 |
44,957 44,957 |
|---|---|---|
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 14.
The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
Yunus Patel
Trustee
Approved by the board of trustees on 17 July 2026
The notes attached on pages 21 to 34 form an integral part of these accounts.
18
Muslim Research and Developement Foundation
Cash Flow Statement for the period from 1 January 2025 to 30 September 2025
| Cash flows from operating activities A Cash flows from investing activities Interest received Net cash provided by investing activities B Cash flows from financing activities Net cash provided by operating activities as shown below |
2025 £ 74,077 204 204 - |
2024 £ (15,247) 472 472 - |
|---|---|---|
| Net cash provided by financing activities C Overall cash provided by all activities Cash movements Change in cash and cash equivalents from activities in the period ended 30 September 2025 Cash and cash equivalents at 1 January 2025 A+B+C Cash at bank and in hand less overdrafts at period end |
- 74,281 74,281 38,759 113,040 |
- (14,775) (14,775) 53,534 38,759 |
19
Muslim Research and Developement Foundation
Cash Flow Statement for the period from 1 January 2025 to 30 September 2025
Reconciliation of net income to net cash flow from operating activities
| Net income as shown in the Statement of Financial Activities Adjustments for :- Write downs of investments Net unrealised losses on investment assets Dividends, interest and rents from investments (Increase/)Decrease in debtors Increase/(decrease) in creditors, excluding loans Net cash provided by operating activities A Analysis of cash and cash equivalents Cash in hand at for the period ended 30 September 2025 Total cash and cash equivalents At start of year Cash 38,759 Total 38,759 Analysis of change in net debt |
(11,025) - - (204) 63,930 21,376 74,077 2025 £ 113,040 113,040 Cash Flows and 74,281 74,281 |
(2,238) - - (472) (87,371) 74,834 (15,247) 2024 £ 38,759 38,759 At end of year 113,040 113,040 |
|---|---|---|
20
Muslim Research and Developement Foundation
Notes to the Accounts for the period from 1 January 2025 to 30 September 2025
1 Accounting policies
Policies relating to the production of the accounts.
Basis of preparation and accounting convention
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) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , 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) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding 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.
Future Risk
The charity faces multiple risks, from financial and system. The board and trustees mitigated these risk by planning to widen the donation base, creating back-ups and firewalls and latent redundancy.
Risks and future assumptions
The charity is a public benefit entity.
The charity is a public benefit organisation who's key aim is to benefit the public. However as such it is highly dependent on donations and the general public attending educational seminars and outreach programmes it hosts. The Trustees are aware of the financial and economic risks faced by the uncertainty of the UK economy. However the Trustees are confident that the charity will be able to attract the public and raise of its projects and objectives.
Policies relating to categories of income and income recognition.
Nature of income
Gross income represents donations from the general public as well as income from the provision of services as perthe objectives of the charity.
Categories of Income
Income is categorised as income from exchange transactions (contract income) and income from nonexchange transactions (gifts), investment income and other income.
Income from exchange transactions is received by the charity for services supplied where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the services supplied by the charity.
Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.
21
Muslim Research and Developement Foundation
Notes to the Accounts for the period from 1 January 2025 to 30 September 2025
Income recognition
Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.
Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
Accounting for deferred income and income received in advance
Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.
Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.
When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.
Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.
Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.
Donated goods, facilities and services
Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income, and debited to fixed assets.
22
Muslim Research and Developement Foundation
Notes to the Accounts for the period from 1 January 2025 to 30 September 2025
Donated goods that are not fixed assets are accounted for at a fair value, unless it is impractical to reliably measure the value of the donated items.
In the absence of any direct evidence of fair value of donated goods, then a value is derived from the cost of the item to the donor or, in the case of goods that are expected to be sold, the estimated resale value after deducting any anticipated costs of sales.
If it is impracticable to measure the fair value of goods donated for resale, or the costs of valuation outweigh the benefits, the donated goods are recognised as income when sold, with an equivalent amount being recognised as an expense.
The costs of goods donated for distribution to beneficiaries is deemed to be the fair value of those goods upon receipt. When the goods are distributed freely or for a nominal consideration, then the carrying amount is adjusted at the time of sale, to the value at the point of distribution and the adjustment is shown as a cost of donations made.
Donated services and facilities (including seconded staff and use of property) are included in the accounts on the basis of the value of the gift to the charity.
All donated services and facilities are recognised as donation income when received,(provided the value of the gift can be measured reliably) and recognised as an expense with an equivalent value.
Membership subscriptions
The income and any associated Gift Aid or other tax refund from a membership subscription received by the charity in the nature of a gift, is accounted for on the same basis as a donation.
The income from a membership subscription received by the charity where the subscription purchases the right to services or benefits is recognised as income from charitable activities.
Policies relating to expenditure on goods and services provided to the charity.
Recognition of liabilities and expenditure
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
Allocating costs to activities
Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities. The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is :-
Staffing - on the basis of time spent in connection with any particular activity.
Premises related costs - on the proportion of floor area occupied by a particular activity.
Non specific support costs - on the basis of the usage of resources, in terms of time taken, capacity used, request made or other measures
Estimation techniques used in apportioning costs - give details
23
Muslim Research and Developement Foundation
Notes to the Accounts for the period from 1 January 2025 to 30 September 2025
Volunteers
In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.
However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note6.
Policies relating to assets, liabilities and provisions and other matters.
Debtors
Debtors are measured at their recoverable amounts at the balance sheet date.
Creditors and provisions
Creditors are measured at market value and recognised in the period to which the benefit is consumed by the charity. Provisions are recognised if the value incurred or consumed is certain and the liability is probable.
Pensions - defined contribution schemes
The charity 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.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
There are no Designated funds.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.
There are no endowment funds.
2 Liability to taxation
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
3 Winding up or dissolution of the charity
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
4 Significance of financial instruments to the charity's position
The Charity does not have any significiamt financial instruments. It only has cash, debtors and creditor. These are all measured at fairvalue, which equates to the book value.
24
Muslim Research and Developement Foundation
Notes to the Accounts for the period from 1 January 2025 to 30 September 2025
5 Net surplus before tax in the financial year
| Net surplus before tax in the financial year | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| The net deficit before tax in the financial year is stated after charging:- | ||
| Pension costs | 1,176 | 480 |
6 The contribution of volunteers
Volunteers continued to make an important contribution across a range of activities, including programme administration, event logistics, student support, communications and alumni engagement. Their commitment enhanced the quality of programme delivery, strengthened relationships within the community, and enabled the charity to maximise the impact of its available resources. The support provided by volunteers also contributed to the efficient delivery of the charity's educational activities throughout the period
7 Staff costs and emoluments
| Salary costs Gross Salaries excluding trustees and key management personnel Employer's National Insurance for all staff Employer's operating costs of defined contribution pension schemes |
2025 2024 £ £ 100,518 125,375 2,285 1,273 1,176 480 |
|---|---|
| Total salaries, wages and related costs | 103,979 127,128 |
| The average number of full time staff employed in the period was 10 11 The estimated full time equivalent number of all staff employed in the period was 4.5 4.9 The estimated equivalent number of full time staff deployed in different activities in the period was:- Engaged on charitable activities 3.0 3.0 Engaged on publicity activities - - Engaged on fundraising activities - - Engaged on management and administration 1.5 1.9 |
|
| The estimated full time equivalent number of all staff employed as above | 4.5 4.9 |
Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior period, for services as Trustees. Mr Y Patel was paid for his operation work as the general manager and CEO.
No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.
Chief Executive Officer.
| Total remuneration package included in total salaries above The remuneration in the period year was |
10,200 10,200 |
10,200 10,200 |
|---|---|---|
25
Muslim Research and Developement Foundation
Notes to the Accounts for the period from 1 January 2025 to 30 September 2025
8 Defined contribution pension schemes
The charity operates a defined contribution pension scheme, the costs of which are shown above.
9 Remuneration and payments to Trustees and persons connected with them
Mr Y Patel received a salary of £8,550 (2024 £10,200) for his role as a CEO and general manager. He did not receive any remuneration for his role as a Trustee.
10 Debtors
| Prepayments and accrued income Other debtors 11 Creditors: amounts falling due within one year Accruals Deferred Income - Unrestricted & designated funds PAYE, NIC VAT and other taxes Other creditors |
2025 £ 72,141 2,010 74,151 2025 £ 1,600 126,703 1,598 23,358 153,259 |
2024 £ 110,180 27,901 138,081 2024 £ 1,600 112,050 1,341 16,892 131,883 |
|---|---|---|
The Charity raised multi-year funding for activities which span 2024 and 2025. Sponsorships deferred make up the £126,703 (2024 £112,500) deferred income balance as at the period end.
12 Contingent liabilities
There are no material contingent liabilities.
| Income and Expenditure account summary At 1 January 2025 Deficit after tax for the year At 30 September 2025 |
2025 £ 44,957 (11,025) 33,932 |
2024 £ 47,195 (2,238) 44,957 |
|---|---|---|
13 Income and Expenditure account summary
14 Post balance sheet events
There were no material post balance sheet events.
26
Muslim Research and Developement Foundation
Notes to the Accounts for the period from 1 January 2025 to 30 September 2025
15 Particulars of how particular funds are represented by assets and liabilities
| At 30 September 2025 Current Assets Current Liabilities At 1 January 2025 Current Assets Current Liabilities |
Unrestricted funds £ 187,191 (153,259) 33,932 Unrestricted funds £ 176,840 (131,883) 44,957 |
Designated funds £ - - Designated funds £ - - - |
Restricted funds £ - - - Restricted funds £ - - - |
Total Funds £ 187,191 (153,259) 33,932 Total Funds £ 176,840 (131,883) 44,957 |
|---|---|---|---|---|
16 Change in total funds over the period as shown in Note 15 , analysed by individual funds
| Unrestricted and designated funds:- Unrestricted Revenue Funds Total unrestricted and designated funds Total charity funds |
Funds brought forward from 2024 £ 44,957 44,957 44,957 |
Movement in funds in 2025 See Note 17 £ (11,025) (11,025) (11,025) |
£ - - - Transfers between funds in 2025 |
Funds carried forward to 2026 £ 33,932 33,932 33,932 |
|---|---|---|---|---|
17 Analysis of movements in funds over the period as shown in Note 16
| Unrestricted and designated funds:- Unrestricted Revenue Funds |
Income 2025 £ 990,165 990,165 |
Expenditure 2025 £ (1,001,190) (1,001,190) |
Other Gains & Losses 2025 £ - - |
Movement in funds 2025 £ (11,025) (11,025) |
|---|---|---|---|---|
27
Muslim Research and Developement Foundation
Notes to the Accounts for the period from 1 January 2025 to 30 September 2025
- 18 The purposes for which the funds
Unrestricted and designated funds:-
Unrestricted Revenue Funds
These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.
Restricted funds:-
There are no restricted funds
19 Ultimate controlling party
The charity is under the control of its legal members.
Every member of the charity is obliged to contribute such amount as may be required not exceeding £1 to the assets of the company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
28
Muslim Research and Developement Foundation
Detailed analysis of income and expenditure for the period from 1 January 2025 to 30 September 2025 as required by the SORP 2015
This analysis is classsified by conventional nominal descriptions and not by activity.
20 Donations, Grants and Legacies
| Donations, Grants and Legacies | ||||
|---|---|---|---|---|
| Current year Unrestricted Funds 2025 £ Donations and gifts from individuals 559,052 55,271 117,804 732,127 Total Donations, Grants and Legacies Total Donations, Grants and Legacies A1 732,127 Income from charitable activities - Trading Activities Current year Current year Unrestricted Funds 2025 £ Primary purpose and ancillary trading 257,834 257,834 Refunds from HMRC on gift aided donations Small donations individually less than £1000 Education Income Total Primary purpose and ancillary trading Total donations and gifts from individuals Other donations |
Current year Unrestricted Funds 2025 £ 559,052 55,271 117,804 732,127 |
Current year Restricted Funds 2025 £ - - - - |
Current year Total Funds 2025 £ 559,052 55,271 117,804 732,127 |
Prior Year Total Funds 2024 £ 548,308 35,583 174,815 758,706 758,706 Prior Year Total funds 2024 £ 230,264 230,264 |
| - Current year Restricted Funds 2025 £ - - |
732,127 Current year Total Funds 2025 £ 257,834 257,834 |
21 Income from charitable activities - Trading Activities
29
Muslim Research and Developement Foundation
Detailed analysis of income and expenditure for the period from 1 January 2025 to 30 September 2025 as required by the SORP 2015
22 Total Income from charitable activities
| Current year Total income from charitable trading Total from charitable activities A2 23 Investment income Bank Interest Receivable Total investment income A4 |
Current year Unrestricted Funds 2025 £ 257,834 257,834 Current year Unrestricted Funds 2025 £ 204 204 |
Current year Restricted Funds 2025 £ - - Current year Restricted Funds 2025 £ - - |
Current year Total Funds 2025 £ 257,834 257,834 Current year Total Funds 2025 £ 204 204 |
Prior Year Total Funds 2024 £ 230,264 230,264 Prior Year Total Funds 2024 £ 472 472 |
|---|---|---|---|---|
24 Expenditure on charitable activities - Direct spending
| Current Year Total direct spending B2a Defined contribution pension costs - charitable activities Employers' NI - Charitable activities Gross wages and salaries - charitable activities |
Current year Unrestricted Funds 2025 £ 69,357 573 867 70,797 |
Current year Restricted Funds 2025 £ - - - - |
Current year Total Funds 2025 £ 69,357 573 867 70,797 |
Prior Year Total Funds 2024 £ 86,096 1,273 - 87,369 |
|---|---|---|---|---|
30
Muslim Research and Developement Foundation
Detailed analysis of income and expenditure for the period from 1 January 2025 to 30 September 2025 as required by the SORP 2015
25 Expenditure on charitable activities - Charitable trading
| Current Year Total charitable trading costs B2b 26 Cost of goods for primary purpose trading - Including movement in stock Support costs for charitable activities |
Current year Unrestricted Funds 2025 £ 701,798 701,798 |
Current year Restricted Funds 2025 £ - - |
Current year Prior Year Total Funds Total Funds 2025 2024 £ £ 701,798 667,524 701,798 667,524 |
|---|---|---|---|
| Current year Current year Current Year Unrestricted Funds Restricted Funds 2025 2025 £ £ Employee costs not included in direct costs 31,161 - 309 - 1,712 - Premises Expenses 31,500 - 1,571 - 2,180 - - - 300 - Administrative overheads 1,465 - - - 5,272 - 495 - Professional fees paid to advisors other than the auditor or examiner 1,600 - 60 - Support costs before reallocation 77,625 - Total support costs - Current Year 77,625 - The basis of allocation of costs between activities is described under accounting policies All the expenditure in the prior year was unrestricted. Administrative overheads The basis of allocation of costs between activities is described under accounting policies Accountancy fees other than examination or audit fees Stationery and printing Salaries - Administrative staff Cleaning and waste management Licence fees payable Storage Light heat and power Employers' NI - Administrative staff Telephone, fax and internet Rates and water charges Defined contribution pension cost - administrative staff Canteen and staff ents Sundry expenses Other legal and professional |
Current year Total Funds 2025 £ 31,161 309 1,712 31,500 1,571 2,180 - 300 1,465 - 5,272 495 1,600 60 77,625 77,625 |
Prior Year Total Funds 2024 £ 39,279 480 - 31,500 2,018 3,024 - 144 1,840 121 6,886 2,019 1,600 64 88,975 88,975 - - |
|---|---|---|
31
Muslim Research and Developement Foundation
Detailed analysis of income and expenditure for the period from 1 January 2025 to 30 September 2025 as required by the SORP 2015
27 Total Charitable expenditure
| Current Year Total direct spending B2a Total charitable trading costs B2b Total support costs B2d Total charitable expenditure B2 |
Current year Unrestricted Funds 2025 £ 70,797 701,798 77,625 850,220 |
Current year Restricted Funds 2025 £ - - - - |
Current year Total Funds 2025 £ 70,797 701,798 77,625 850,220 |
Prior Year Total Funds 2024 £ 87,369 667,524 88,975 843,868 |
|---|---|---|---|---|
All the expenditure in the prior year was unrestricted.
| Prior Year Total direct spending B2a Total charitable trading costs B2b Total support costs B2d Total charitable expenditure B2 |
Prior Year Unrestricted Funds 2024 £ 87,369 667,524 88,975 843,868 |
Prior Year Prior Year Restricted Funds Total Funds 2024 2024 £ £ - 87,369 - 667,524 - 88,975 - 843,868 |
|---|---|---|
28 Expenditure on raising funds and costs of investment management
| Current Year Fundraising publicity & marketing Cost of fundraising activities Total fundraising costs B1 |
Current year Unrestricted Funds 2025 £ 75,560 75,410 150,970 |
Current year Restricted Funds 2025 £ - - - |
Current year Prior Year Total Funds Total Funds 2025 2024 £ £ 75,560 75,082 75,410 72,730 150,970 147,812 |
|---|---|---|---|
All the expenditure in the prior year was unrestricted.
32
Muslim Research and Developement Foundation
Activity analysis of Income and expenditure for the for the period from 1 January 2025 to 30 September 2025
This analysis is classsified by activity and not by conventional nominal descriptions.
| 29 Analysis of income by activity SOFA ref Primary purpose activity Summary of Total Income, including the items above Charitable activities A2 Donations & Legacies A1 Investment income A4 Total income as shown in the SOFA A Categories of income Income from exchange transactions 30 Analysis of charitable expenditure by activity Direct costs Support costs 2025 2025 £ £ Charitable activity Direct costs 70,797 - Charitable trading costs 701,798 - Employee costs not included in direct cos - 33,182 Premises expenses - 35,551 Administrative overheads - 7,232 Professional fees - 1,660 772,595 77,625 Direct costs Support costs 2025 2025 £ £ Total Charitable activity 772,595 77,625 772,595 77,625 Income from charitable activities Activity Activity Total charitable expenditure Summary of charitable costs by activity Total Charitable activity |
Grant funding of activities 2025 £ - - - - - - - Grant funding of activities 2025 £ - - |
2025 £ 257,834 257,834 732,127 204 990,165 990,165 Total 2025 £ 70,797 701,798 33,182 35,551 7,232 1,660 850,220 Total 2025 £ 850,220 850,220 |
2024 £ 230,264 230,264 758,706 472 989,442 989,442 Total 2024 £ 87,369 667,524 39,759 36,686 10,566 1,664 843,568 Total 2024 £ 843,568 843,868 |
|---|---|---|---|
The basis of allocation of costs between activities is described under accounting policies
The breakdown of this expenditure by type of spending (ie nominal classification) is detailed in note 27
33
Muslim Research and Developement Foundation
Activity analysis of Income and expenditure for the for the period from 1 January 2025 to 30 September 2025 Analysis of support and governance costs by charitable activities
| Governance | Finance | Human | Other | Total | ||
|---|---|---|---|---|---|---|
| Activity | Resources | Overheads | ||||
| Charitable activity | - | - | 33,182 | 44,443 | 77,625 |
31 Analysis of non charitable expenditure by activity
Activity
| Fundraising activities Direct fundraising costs Indirect fundraising costs:- Total non charitable expenditure Total costs of Fundraising activities Total non charitable expenditure |
Fundraising activities 2025 £ 150,970 - 2025 £ 150,970 150,970 |
Fundraising activities 2024 £ 147,812 - 2024 £ 147,812 147,812 |
|---|---|---|
The breakdown of this expenditure by type of spending (ie by nominal classification and by fund) is detailed in note 0
34