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|Trustees/Directors:|Trustees/Directors:|Trustees/Directors:||||Vashiullah
Bodiyat|Vashiullah
Bodiyat||
|---|---|---|---|---|---|---|---|---|
|||||||Omar Rashid|Kholwadia||
|||||||Umar Kika|||
|Company|Secretary:|||||Vashiullah
Bodiyat|||
|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|||
|||||||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|
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|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|||||
|1.1|Basisofpreparation
ofaccounts|||||
||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|||||
||Ireland
(FRS102)and the Companies
Act 2006.|||||
||Assets and gabBities are recognised
at historical cost or transaction
value unless otherwise stated||in the|||
||relevant
accounting
policy note.|||||
||The Charity meets the definition
ofa public benefit entitiy as defined
by FRS102.|||||
||The fina ncia Istatements
have been prepared
on the going concern basis which assumes that current and|||||
||future sources offunding
and support
wrg be more than adequate for the charitable
company's|needs.||||
|L2|Reporting
Pediod|||||
||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|||||
||Deoband and are approved
by the Directors.|||||
||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.|||||
||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.|||||
|1.6|Expenditure|||||
||Ag expenditure
is accounted for on an accruals basis and has been classified under
headings that|||||
||aggregate
ail costs related tothe category.|||||
||Charitable
Activities comprise
all costs identified
as wholly or mainly attributable
to achiewng the|||||
||charitable
objects ofthe Charity,
including the costs ofdisseminating
information
in support of|||||
||charitable
activities. These costs include staff costs, wholly or mainly attributable
to ensuring
the public|||||
||accountability
ofthe Charity and its compliance
with regulation.|||||
|1.7|Pensions|||||
||)he chanty operates a stakeholder
pension scheme for its employees.
The chanty has no liabihty
beyond|||||
||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|