| Trustees/Directors: | Trustees/Directors: | Trustees/Directors: | Vashiullah Bodiyat |
Vashiullah Bodiyat |
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|---|---|---|---|---|---|---|---|---|
| Omar Rashid | Kholwadia | |||||||
| Umar Kika | ||||||||
| Company | Secretary: | Vashiullah Bodiyat |
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| School Director: | Omar Rashid | Kholwadia | ||||||
| School Head | Teacher: | Abdurahman | Kayat | |||||
| Head ofIslamic Studies: | Hasib Mayet | |||||||
| Head ofBoard and Welfare: | Bilal Sheikh | |||||||
| Charity Registration | Number: | 1124091 | ||||||
| Company | Registration | Number: | 6421563 | |||||
| Date ofincorporation: | 8th November | 2007 | ||||||
| Charity Office/Registered | Office: | Harry Street | ||||||
| OffWakefield | Road | |||||||
| Bradford | ||||||||
| West Yorkshire | ||||||||
| BD49PH | ||||||||
| Website: | ||||||||
| Accountants: | Forrest Burlinson | |||||||
| Chartered Accountants |
RRegistered Auditor | |||||||
| 20Owl Lane | ||||||||
| Dewsbury | ||||||||
| WF127RQ | ||||||||
| Independent | Examiner: | E Suleman | ||||||
| Bankers: | HSBCPic | Barclays Bank Pic | ||||||
| PO Box45 | Market Place | |||||||
| 47Market Street | Dewsbury | |||||||
| Bradford | West Yorkshire | |||||||
| West Yorkshire | WF131PS | |||||||
| BD11LW | ||||||||
| Solicitors: | Khan &CoSolicitors | |||||||
| 47Cape Hill | ||||||||
| Smethwick, Birmingham |
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| 8664SF |
| Charity | No. | 1124091 |
|---|---|---|
| Company | No. | 6421563 |
| CONTENTS | |||
|---|---|---|---|
| Page | |||
| Trustees' Report | 1-4 | ||
| Independent Examiners |
Report | ||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Statement of Cash Flows | |||
| Notes tothe financial statements | 9-13 |
| FOR THE YEAR ENDE | D 3 | 1AUGUST 2020 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2020 | 2019 | ||||
| funds | funds | Total | Total | ||||
| Notes | E | E | E | ||||
| Income: | |||||||
| Donations and similar income |
2 | 14,800 | 6,759 | 21,559 | 334,206 | ||
| Grants | 3 | 128,806 | 128,806 | ||||
| Income from charitable | activities: | ||||||
| School income | 4 | 422,869 | 422,869 | 602,753 | |||
| Total Income | 566,475 | 6,759 | 573,234 | 936,959 | |||
| Expenditure: | |||||||
| Charitable activities: |
|||||||
| Academic and School costs | 5 | 378,163 | 378,163 | 632,840 | |||
| Property and Equipment | costs | 6 | 99,916 | 132,157 | 232,073 | 421,806 | |
| Administration costs |
7 | 6,916 | 85 | 7,001 | 13,608 | ||
| Governance costs |
8 | 8,095 | 890 | 8,985 | 15,041 | ||
| Total Expenditure | 493,090 | 133,132 | 626,222 | 1,083,295 | |||
| Net Income/(Expenditure) | and net | ||||||
| movement offunds |
in the year | 9 | 73,385 | (126,373) | (52,988) | (146,336) | |
| Reconciliation offunds: |
|||||||
| Total funds brought | forward | (94,966) | 352,923 | 257,957 | 404,293 | ||
| Total funds carried forward | (21,581) | 226,550 | 204,969 | 257,957 |
| DARUL ULOOM DAWATUL IMAAN | DARUL ULOOM DAWATUL IMAAN | Charity No. 1124091 | ||
|---|---|---|---|---|
| BALANCE SHEET AS | AT31STAUGUST 2020 | Company No. 6421563 |
||
| Total | Total | |||
| 2020 | 2019 | |||
| Notes | E | F. | ||
| Fixed Assets | ||||
| Tangible assets | 14 | 2,459,307 | 2,590,823 | |
| Current Assets | ||||
| Debtors and prepayments | 15 | 116,111 | 74,157 | |
| Cash at bank | 29,843 | 269,065 | ||
| Cashin hand |
6,303 | 6,220 | ||
| 152,257 | 349,442 | |||
| Creditors: Amounts | falling due within one year | |||
| Other current liabilities | 16 | (458,943) | (421,096) | |
| Net current liabilities | (306,686) | (71,654) | ||
| Total assets less current liabilities | 2,152,621 | 2,519,169 | ||
| Creditors: Amounts | falling due after more than one year | |||
| Loans | 17 | (1,947,652) | (2,261,212) | |
| Net Assets | 204,969 | 257,957 | ||
| FUNDS | ||||
| Restricted Funds |
18 | 226,550 | 352,923 | |
| Unrestricted Funds |
18 | (21,581) | (94,966) | |
| 204,969 | 257,957 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Notes | Total | Total | |||
| E | 6 | ||||
| Net cash used in operating | activities | 19 | 98,113 | 5,568 | |
| Cash flows from investment | activities: | ||||
| Purchase offixed assets | (23,692) | (55,330) | |||
| Net cash provided by (used |
in) investing | activities | (23,692) | {55,330) | |
| Cash Flows from financing | activities | ||||
| Additional loans/(repayment) |
(313,560) | 245,500 | |||
| Cash from financing activities | (313,560) | 245,500 | |||
| Increase/(decrease) in cash |
and cash equivalents | during the year | (239,139) | 195,738 | |
| Cash and cash equivalents | brought forward | 275,285 | 79,547 | ||
| Cash and cash equivalents | cardied forward | 36,146 | 275,285 |
| DARUL ULOOM DAWATUL IMAAN | DARUL ULOOM DAWATUL IMAAN | ||||
|---|---|---|---|---|---|
| NOTES TO | THE ACCOUNTS FOR THE YEAR ENDED 31STAUGUST 2020 | ||||
| 1 | Accounting Pogcles |
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| 1.1 | Basisofpreparation ofaccounts |
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| The financial statements have been prepared in accordance with Accounting and Reporting by |
Charities: | ||||
| Statement of Recommended Practice applicable to charities preparing their accounts in accordance |
with | ||||
| the Financial Reporting Standard applicable in the UK and Rebublic ofIreland (FRS102) (effective |
1January | ||||
| 2015)-(Charities SORP (FRS102)),the Financial Reporting Standard applicable in the UK and republic of |
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| Ireland (FRS102)and the Companies Act 2006. |
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| Assets and gabBities are recognised at historical cost or transaction value unless otherwise stated |
in the | ||||
| relevant accounting policy note. |
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| The Charity meets the definition ofa public benefit entitiy as defined by FRS102. |
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| The fina ncia Istatements have been prepared on the going concern basis which assumes that current and |
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| future sources offunding and support wrg be more than adequate for the charitable company's |
needs. | ||||
| L2 | Reporting Pediod |
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| The financial statements have been prepared for a period of 12months. )he comparative amounts |
are | ||||
| for a 17month penod due to changes made to coincide with the school year. | |||||
| 1.3 | Company status | ||||
| The Charity is a company limited by guarantee. Membership ofthe company is open to individuals |
who | ||||
| apply to the Charity in the form required by the Directors; who adhere to the teachings ofthe Our'an |
and | ||||
| The Sunna h ofRasoolullah (saw) and his righteous companions according tothe interpretation |
and | ||||
| accepted view ofthe Ahlus Sunnah Wal lamas'ah and as expounded by the Pious Predecessors |
of | the | |||
| four recognised schools ofJurisprudence and in particular the founding scholars of Darui Uloom |
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| Deoband and are approved by the Directors. |
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| In the event ofthe company being wound up, the liability In respect ofthe guarantee is limited |
to | 510per | |||
| member ofthe company. | |||||
| The number ofmembers as at 31st August 2020 was 3. |
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| As the company does not trade for profit, the trustees have taken advantage ofSection 474(2) |
ofthe | ||||
| companies Act 2006 and have prepared an income and expenditure account instead ofa profit |
and | loss | |||
| account. | |||||
| 1.4 | Funds structure | ||||
| Unrestricted funds compnse those funds which the trustees are free to use in accordance with |
the | ||||
| chantable objects. |
|||||
| Restricted funds comprise the 'New project' fund for the construction ofa new building as outlined |
in | the | |||
| Trustees report. | |||||
| 1.5 | Income | ||||
| Ag incoming resources are included in the Statement of Fmancial Activities when the Charity is |
entitled | ||||
| to the income and the amount can be quantifred with reasonable accuracy. 'The following specific |
policies | ||||
| apply to categories ofincome: | |||||
| Donation ofservices and facilities are included at the value tothe Charity where this can be quantified. |
|||||
| Donated goods for ongoing use by the Chanty are recognised as tangible fixed assets and included |
as | ||||
| incoming resources when receivable. | |||||
| No amounts are included in the finanaal statements for services donated by volunteers. |
|||||
| Incomings are stated before ag expenses. |
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| 1.6 | Expenditure | ||||
| Ag expenditure is accounted for on an accruals basis and has been classified under headings that |
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| aggregate ail costs related tothe category. |
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| Charitable Activities comprise all costs identified as wholly or mainly attributable to achiewng the |
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| charitable objects ofthe Charity, including the costs ofdisseminating information in support of |
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| charitable activities. These costs include staff costs, wholly or mainly attributable to ensuring the public |
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| accountability ofthe Charity and its compliance with regulation. |
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| 1.7 | Pensions | ||||
| )he chanty operates a stakeholder pension scheme for its employees. The chanty has no liabihty beyond |
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| making Its contributions and paying across the deductions for the employee's contributions. |
| 1.8 | Tangible fixed assets and depreciation | Tangible fixed assets and depreciation | Tangible fixed assets and depreciation | Tangible fixed assets and depreciation | Tangible fixed assets and depreciation | Tangible fixed assets and depreciation | Tangible fixed assets and depreciation | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangib(e fixed assets | are | stated | at | cost. Depreciation is provided |
on | all tangible fixed assets, except | |||||||||||||||
| freehold land, at rates calculated to write offthe cost an |
a straight-Ime | basis over their | expected | useful | |||||||||||||||||
| economic lives using | the | following | rates: | ||||||||||||||||||
| Fixture, Fittings &Equipment | 20 | TLStraight | Line | ||||||||||||||||||
| Leasehold Premises |
Improvements | 4N | Straight | Line | |||||||||||||||||
| Freehold | 4SLStraight | Line | |||||||||||||||||||
| 1.9 | Debtors | ||||||||||||||||||||
| Debtors are recognised | at the | settlement | amount | due after any discounts | offered | ||||||||||||||||
| 1.10 | Cash et bank and In | hand | |||||||||||||||||||
| Cash at bank and in | hand | includes | cash and any short term highly | liquid | investments | and | deposit | accounts. | |||||||||||||
| 1.11 | Crediters and provisions | ||||||||||||||||||||
| Creditors and provisions | are | recognised | where the charity | has a present | obligation | resulting from | a | past | |||||||||||||
| event that will probably | result | in the transfer offunds to a third party and the amount | due to settle | the | |||||||||||||||||
| obligation can be measured |
or | estimated | reliably. | Creditors and provisions are normally | recognised | at their | |||||||||||||||
| settlement amount after |
allowing | for any discounts due. | |||||||||||||||||||
| 1.12 | Financial instruments | ||||||||||||||||||||
| The charity has financial | assets | and liabilities ofa | kmd that qualify as basic financial | instruments. | Basic | ||||||||||||||||
| financial instruments | are | initially recognised at transaction | value | and subsequently | at | their settlement value. |
|||||||||||||||
| Unrestricted | Restricted | 2020 | 2019 | ||||||||||||||||||
| Funds | Funds | Total | Total | ||||||||||||||||||
| E | 6 | 1 | 6 | ||||||||||||||||||
| 2 | Donations | ||||||||||||||||||||
| Donations | 14,800 | 6,759 | 21,559 | 281,591 | |||||||||||||||||
| Donated assets | 0 | 52,615 | |||||||||||||||||||
| 14,800 | 6 759 | 21,559 | 334,206 | ||||||||||||||||||
| Grants | |||||||||||||||||||||
| HMRC IRSGrants | 128,806 | 128,806 | |||||||||||||||||||
| School Income | |||||||||||||||||||||
| Schoolfees | 407,183 | 407,183 | 575,806 | ||||||||||||||||||
| Textbooks and stationery | 925 | 925 | 250 | ||||||||||||||||||
| Examination fees |
3,805 | 3,805 | 14,665 | ||||||||||||||||||
| Miscellaneous income |
5,466 | 5,466 | 838 | ||||||||||||||||||
| Iuck shop sales | 4,490 | 4,490 | 8,550 | ||||||||||||||||||
| Telephone receipts |
1,000 | 1,000 | 2,644 | ||||||||||||||||||
| 422 869 | 422,869 | 602,753 | |||||||||||||||||||
| Academic and School costs | |||||||||||||||||||||
| Wages and national | insurance | 266,104 | 266,104 | 425,212 | |||||||||||||||||
| Meals, provisions, etc | 43,898 | 43,898 | 92,463 | ||||||||||||||||||
| Tuck shop purchases | 2,503 | 2,503 | 5,796 | ||||||||||||||||||
| Tuition fees | 1,000 | 1,000 | 9,600 | ||||||||||||||||||
| leaching materials | 5,839 | 5,839 | 6,779 | ||||||||||||||||||
| Examination fees |
11,947 | 11,947 | 5,935 | ||||||||||||||||||
| Security and supervision | 46,872 | 46,872 | 87,055 | ||||||||||||||||||
| 378,163 | 378,163 | 632,840 | |||||||||||||||||||
| Property and Equipment | costs | ||||||||||||||||||||
| Rates and Water | 17,042 | 17,042 | 31,984 | ||||||||||||||||||
| Heat and light | 25,910 | 25,910 | 69,805 | ||||||||||||||||||
| Insurance | 9,276 | 9,276 | 11,189 | ||||||||||||||||||
| Repairs and renewals | 20,902 | 20,902 | 53,573 | ||||||||||||||||||
| Cleamng and laundry | 3,735 | 3,735 | 7,828 | ||||||||||||||||||
| Depreciation —Freehold |
2,858 | 2,858 | 4,049 | ||||||||||||||||||
| Depreciation- Leasehold |
property | improvements | 115,875 | 115,875 | 164,152 | ||||||||||||||||
| Depreciation-fixtures, | fittmgs | and | equipment | 20,193 | 16,282 | 36,475 | 79,226 | ||||||||||||||
| 99,916 | 132 157 | 232,073 | 421,806 |
| Unrestricted | Restricted | 2020 | 2019 | 2019 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||||||||||
| 6 | E | E | 6 | ||||||||||
| 7 | Administration and Managing the Charity/Governance |
costs | |||||||||||
| Printing, postage and stationery |
1,512 | 1,512 | 4,798 | ||||||||||
| Telephone | 2,862 | 2,862 | 5,103 | ||||||||||
| Travelling costs |
338 | 338 | 1,257 | ||||||||||
| Training costs | 1,400 | 1,400 | 640 | ||||||||||
| Miscellaneous | expenses | 314 | 314 | 1,219 | |||||||||
| Bank charges | 490 | 85 | 575 | 591 | |||||||||
| 6,916 | 85 | 7,001 | 13,608 | ||||||||||
| 8 | Governance | costs | |||||||||||
| Professionalfees | 8,095 | 890 | 8,985 | 15,041 | |||||||||
| 9 | Support costs | ||||||||||||
| Management/administration | 16,245 | 16,245 | |||||||||||
| Accounting costs | 3,554 | 890 | 4,444 | ||||||||||
| Office costs | 12,628 | 85 | 12,713 | ||||||||||
| 32,427 | 975 | 33 | 402 | ||||||||||
| Management | and administrations | costs are allocated | on a time | basis | |||||||||
| Accounting and office costs are |
based on | actual costs | |||||||||||
| 10 | Net incoming | resources | |||||||||||
| This isstated | after charging: | ||||||||||||
| Depreciation | oftangible | assets | 23051 | 132157 | 155,208 | ||||||||
| 11 | Triinsfers | ||||||||||||
| No transfers | have been made between funds |
in the period. | |||||||||||
| Employers | Approx. | ||||||||||||
| 12 | Staffcosts | Gross wages | Nl | Avge. | No. | ||||||||
| E | E | ofe'ees | |||||||||||
| Staff | 311,679 | i2,096) | 31 | ||||||||||
| The average | full-time equivalent |
number | ofemployees | is 18. | |||||||||
| There are no | employees | with emoluments | above 660,000 in the | period. |
| Tangible Fixed Assets | Tangible Fixed Assets | Freehold | Leasehold | Office and | Furniture | |
|---|---|---|---|---|---|---|
| Property | Premises | Other | and | |||
| Improvement. | Equipment | Fixtures | Total | |||
| E | E | E | E | |||
| Cost | ||||||
| At 31August | 2019 | 248209 | 2,896,888 | 138,888 | 199,818 | 3,483,803 |
| Additions | 20,190 | 3,502 | 23,692 | |||
| 0 | ||||||
| At 31August | 2020 | 248209 | 2 896888 | 159,078 | 203,320 | 3,507,495 |
| Depreciation | ||||||
| At 31August | 2019 | 12,165 | 621,247 | 77,961 | 181,607 | 892,980 |
| Charge for the penod | 2,858 | 115,875 | 19,207 | 17,268 | 155,208 | |
| At31August | 2020 | 15,023 | 737,122 | 97168 | 198,875 | 1,048,188 |
| Net book ualue | ||||||
| At 31August | 2020 | 233,186 | 2,159,766 | 61910 | 4,445 | 2,4S9,307 |
| At31August | 2019 | 236,044 | 2 275 641 | 60,927 | 18,211 | 2,590,823 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Total | Total | |||
| E | 6 | |||
| 15 | Debtors | |||
| Fees due but not | received net ofbad debt provision | 62,427 | 67,413 | |
| Other debtors | 47,790 | 200 | ||
| Prepayments | 5894 | 6544 | ||
| 116,111 | 74,157 | |||
| 16 | Creditors | |||
| Loans | 233,184 | 118,584 | ||
| Other creditors | 25,299 | 16,491 | ||
| Fees received but not due | 21,076 | |||
| Deposit for contingency | 21,300 | 19,000 | ||
| Inter account with DUDI Trust | 104,735 | 104,735 | ||
| Taxation and social security | 659 | 2,675 | ||
| Pensions | 965 | 989 | ||
| Wages | 45,483 | 99,508 | ||
| Accrua la | 27,318 | 38,038 | ||
| 458,943 | 421,096 | |||
| 2020 | 2019 | |||
| Total | Total | |||
| 6 | 6 | |||
| 17 | Loans | |||
| Loans repayable | within 2to5 years | 481,826 | 484,826 | |
| Loans repayable | after 5years | 1,465,826 | 1,776,386 | |
| Loans repayable | beyond 2years | 1,947,652 | 2,261,212 |
| Analysis | ofFunds | ||||||
|---|---|---|---|---|---|---|---|
| Incoming | Resources | 31August 2020 | |||||
| 8/Fwd | resources | expended | Transfers | C/Fwd | |||
| 6 | 6 | 6 | E | 6 | |||
| New Project - Restricted | 352,923 | 6,759 | (133,132) | 226,550 | |||
| General | Fund - Unrestricted | 94.966 | 566,475 | 493,090) | 21.581) | ||
| 257,957 | 573234 | 626,222) | |||||
| Analysis | ofFunds-Previous | year | |||||
| Incoming | Resources | 31August 2019 |
|||||
| 8/Fwd | resources | expended | Transfers | C/Fwd | |||
| E | 6 | f | 6 | 6 | |||
| New Project - Restricted | 353,007 | 221,383 | (221,467) | 352,923 | |||
| General | Fund - Unrestricted | 51286 | 715,576 | 861/I2$) | (94,966 | ||
| 404,293 | 936,959 | ( 083295 | 257.957 |
| Analysis | ofNet Assets | ofNet Assets | Retween | Retween | Funds | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General | New | |||||||||||
| Fund | Project | Total | ||||||||||
| E | 6 | E | ||||||||||
| Tangible | fixed | assets | 302,605 | 2,156,702 | 2,459,307 | |||||||
| Current assets | 136,584 | 15,673 | 152,257 | |||||||||
| Creditors | falling due within | one | year | (335,770) | (123,173) | (458,943) | ||||||
| Creditors | falling due after | more | than one year | (125,000) | (1,822,652'I | (1,947,652) | ||||||
| (21,581) | 226,550 | 204,969 | ||||||||||
| Analysis | ofNet Assets | Retween | Funds-Previous | year | ||||||||
| General | New | |||||||||||
| Fund | Project | Total | ||||||||||
| E | F. | E | ||||||||||
| Tangible | fixed | assets | 301,964 | 2,288,859 | 2,590,823 | |||||||
| Current assets | 103,844 | 245,598 | 349,442 | |||||||||
| Creditors | falling due within | one | year | (365,774) | (55,322) | (421,096) | ||||||
| Creditors | falkng due after | more | than one year | (135,000) | I2,126,212) | (2,261,212) | ||||||
| 94,966 | 352,923 | 257,957 | ||||||||||
| 19 | Reconciliation | ofnet movements | in funds to net | cash | flow from operating activities |
|||||||
| 2020 | 2019 | |||||||||||
| E | ||||||||||||
| Net movement | in funds | (52,988) | (146,336) | |||||||||
| Add back | depreciation | charge | 155,208 | 247,427 | ||||||||
| Decrease | (incraase) in debtors | (41,954) | (19,636) | |||||||||
| Increase(decrease)in creditors |
37,847 | (75,887) | ||||||||||
| Net cash | used | in operating | activities | 98,113 | 5,568 |