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|Trustees’ annual report (incorporating the director’s report)|I|
|Independent auditor’s report to the members|5|
|Statement offinancial activities (including income and||
|expenditure account)|ID|
|Statement offinancial position|II|
|Notes to the financial statements|12|
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|Year ended 31 December 2020|||||
|---|---|---|---|---|
|||2020||2019|
|||Unrestricted|||
|||funds|Total funds|Total funds|
||Note|£|£|£|
|Income and endowments|||||
|Charitable activities|5|183179|183179|243092|
|Investment income|6|177,567|177,567|188,295|
|Other income|7|25,009|25,009|18|
|Total income||385,755|385,755|431,405|
|Expenditure|||||
|Expenditure on charitable activities|8,9|230,472|230,472|336,195|
|Total expenditure||230,472|230,472|336,195|
|Net income and net movement in funds||155,283|155,283|95,210|
|Reconciliation offunds|||||
|Total funds brought forward||1,430,572|1,430,572|1,335,362|
|Total funds carried forward||1,585,855|1,585,855|1,430,572|
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|LIMITED
Company Limited by Guarantee
Statement of Financial Position
31 December 2020||||
|---|---|---|---|
|||2020|2019|
||Note|£|£|
|Fixed assets||||
|Tangible fixed assets|14|6,940|7,162|
|Investments|15|3,533,239|3,533,239|
|||3,540,179|3,540,401|
|Current assets||||
|Debtors|16|40,150|44,969|
|Investments|17|1|1|
|Cash at bank and in hand||209,304|104,801|
|||249,455|149,771|
|Creditors: amounts falling due within one year|18|224,146|201,829|
|Net current assets||25,309|(52,058)|
|Total assets less current liabilities||3,565,488|3,488,343|
|Creditors: amounts falling due after more than one year|19|1,979,633|2,057,771|
|Netassets||1,585,855|1,430,572|
|Funds ofthe charity||||
|Unrestricted funds||1,585,855|1,430,572|
|Total charity funds|21|1,585,855|1,430,572|
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|Charitable activities|||||
|---|---|---|---|---|
||Unrestricted|Total Funds|Unrestricted|Total Funds|
||Funds|2020|Funds|2019|
||£|£|£|£|
|Secular Education Fees|48,921|48,921|64,497|64,497|
|Madressa Fees|19,301|19,301|34,669|34,669|
|Nursery Fees|114,957|114,957|143,926|143,926|
||183,179|183,179|243,092|243,092|
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds|2020|Funds|2019|
|||||£|£|£|£|
|Rental|Income|from|properties|177,567|177,567|188,295|188,295|
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|Other income|||||
|---|---|---|---|---|
||Unrestricted Total Funds||Unrestricted|Total Funds|
||Funds|2020|Funds|2019|
||£|£|£|£|
|Miscellaneous Income|9|9|18|18|
|Covid grant|25,000|25,000|—|—|
||25,009|25,009|18|18|
||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|
||Funds|2020|Funds|2019|
||£|£|£|£|
|Secular Education|12,743|12,743|49,386|49,386|
|Madressa|772|772|9,843|9,843|
|Nursery|89,730|89,730|98,112|98,112|
|Investment Property|||1|1|
|Supportcosts|127,227|127,227|178,853|178,853|
||230,472|230,472|336,195|336,195|
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||Activities||||
|---|---|---|---|---|
||undertaken|Support|Total funds|Total fund|
||directly|costs|2020|2019|
||£|£|£|£|
|Secular Education|12743|18,861|31,604|77,404|
|Madressa|772|8,704|9,476|26,901|
|Nursery|89,730|47,466|137,196|150,926|
|Investment Property|—|52,196|52,196|80,964|
||103,245|127,227|230,472|336,195|
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||Analysis of|||Analysis of|||
|---|---|---|---|---|---|---|
||support|Analysis of|Analysis of|support|||
||costs|support|support|costs|||
||Secular|costs|costs|Investment|||
||Education|Madressa|Nursery|Property|Total 2020|Total 2019|
||£|£|£|£|£|£|
|Premises|568|600|625|21,899|23,692|37,690|
|General office|1,947|80|1,749|2,316|6,092|5,934|
|Finance costs|6,051|2,388|14,221|21,966|44,626|54,186|
|Insurance|—|—|751|—|751|740|
|SZ premises|||||||
|costs|7,149|4,313|25,687|—|37,149|45,000|
|Legal and|||||||
|professional|446|177|1,052|3,700|5,375|4,320|
|Auditor|||||||
|remuneration|383|150|896|1,384|2,813|2,813|
|Bank charges|44|125|166|164|499|452|
|Depreciation|13|5|2,319|770|3,107|2,995|
|Operating Lease|1,154|866|—|—|2,020|1,810|
|Promotion and|||||||
|marketing|1,105|||—|1,105|1,565|
|Historical|||||||
|unclaimed VAT|—|—|—|—|—|21,348|
||18,860|8,704|47,466|52,199|127,229|178,853|
|Net income is stated after charging/(crediting):|||
|---|---|---|
||2020|2019|
||£|£|
|Depreciation oftangible fixed assets|3,108|2,995|
|Operating lease rentals|2,019|1,810|
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|Staff costs|Staff costs||
|---|---|---|
|The total staff costs and employee benefits forthe reporting period are analysed as||follows:|
||2020|2019|
||£|£|
|Wages and salaries|88654|136,096|
|Employer contributions to pension plans|539|394|
||89,193|136,490|
||||2020|2019|
|---|---|---|---|---|
||||No.|No.|
|Number|of|staff|13|13|
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|Tangible fixed assets||||
|---|---|---|---|
||Fixtures and|||
||fittings|Equipment|Total|
||£|£|£|
|Cost||||
|At 1 January 2020|30,611|46,493|77,104|
|Additions|2,886|—|2,886|
|At 31 December2020|33,497|46,493|79,990|
|Depreciation||||
|At 1 January 2020|30,319|39,623|69,942|
|Charge for the year|819|2,289|3,108|
|At31 December2020|31,138|41,912|73,050|
|Carrying amount||||
|At 31 December 2020|2,359|4,581|6,940|
|At31 December2019|292|6,870|7,162|
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|Investments||
|---|---|
||Investment|
||properties|
||£|
|Cost orvaluation||
|At 1 January 2020 and 31 December 2020|3,533,239|
|Impairment||
|At 1 January 2020 and 31 December 2020||
|Carrying amount||
|At 31 December 2020|3,533,239|
|At31 December2019|3,533,239|
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|16.|Debtors|||
|---|---|---|---|
|||2020|2019|
|||£|£|
||Trade debtors|7,731|12,550|
||Amounts owed by group undertakings|31,172|31,172|
||Prepayments and accrued income|1,247|1,247|
|||40,150|44,969|
|17.|Investments|||
|||2020|2019|
|||£|£|
||Investments in group undertakings|1||
|18.|Creditors: amounts falling due within one year|||
|||2020|2019|
|||£|£|
||Bank loans and overdrafts|122,757|125,200|
||Payments received on account|4,455|1,395|
||Trade creditors|4,894|3,420|
||Amounts owed to group undertakings|81,693|45,000|
||Accruals and deferred income|8,430|24,379|
||Social security and other taxes|1,917|2,435|
|||224,146|201,829|
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|Creditors: amounts falling due after more than one|year||
|---|---|---|
||2020|2019|
||£|£|
|Bank loans and overdrafts|1,272,633|1350,771|
|Amounts owed to group undertakings|707,000|707,000|
||1,979,633|2,057,771|
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||||At||||At|
|---|---|---|---|---|---|---|---|
|||1|January20|||31|Decembe|
||||20|Income|Expenditure||r 2020|
||||£|£|£||£|
|General|funds||1,430,572|385,755|(230,472)||1,585,855|
||||At||||At|
|||1|January20|||31|December|
||||19|Income|Expenditure||2019|
||||£|£|£||£|
|General|funds||1,335,362|431,405|(336,195)||1,430,572|
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|Analysis of net assets between funds|||
|---|---|---|
||Unrestricted|Total Funds|
||Funds|2020|
||£|£|
|Tangible fixed assets|6,940|6,940|
|Investments|3,533,239|3,533,239|
|Current assets|249,455|249,455|
|Creditors less than 1 year|(224,146)|(224,146)|
|Creditors greater than 1 year|(1,979,633)|(1,979,633)|
|Net assets|1,585,855|1,585855|
||Unrestricted|Total Funds|
||Funds|2019|
||£|£|
|Tangible fixed assets|7162|7,162|
|Investments|3,533,239|3,533,239|
|Current assets|149,771|149,771|
|Creditors less than 1 year|(201,829)|(201,829)|
|Creditors greaterthan 1 year|(2,057,771)|(2,057,771)|
|Net assets|1,430,572|1,430,572|