**DARUL ULOOM DAWATUL IMAAN TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021**
|**Charity Registration Number:**|**1124091**|
|---|---|
|**Company Registration Number:**|**6421563**|
**Charity No. 1124091 Company No. 6421563**
**DARUL ULOOM DAWATUL IMAAN Charity Information**
|**_____________________________________**
Trustees/Directors:
Company Secretary:
School Director:
School Head Teacher:
Head of Islamic Studies:
Curriculum Lead:
Head of Board and Welfare:
Charity Registration Number:
Company Registration Number:
Date of incorporation:
Charity Office/Registered Office:
Website:
Accountants:
Independent Examiner:
Bankers:
Solicitors:|**_____________________________________________**
Vashiullah Bodiyat
Omar Rashid Kholwadia
Umar Kika
Vashiullah Bodiyat
Omar Rashid Kholwadia
Abdurahman Kayat
Hasib Mayet
Shoaib Patel
Bilal Sheikh
1124091
6421563
8th November 2007
Harry Street
Off Wakefield Road
Bradford
West Yorkshire
BD4 9PH
www.dawatulimaan.org.uk
Forrest Burlinson
Chartered Accountants & Registered Auditor
20 Owl Lane
Dewsbury
WF12 7RQ
E Suleman
HSBC Plc
Barclays Bank Plc
PO Box 45
Market Place
47 Market Street
Dewsbury
Bradford
West Yorkshire
West Yorkshire
WF13 1PS
BD1 1LW
Khan & Co Solicitors
47 Cape Hill
Smethwick, Birmingham
B66 4SF|
|---|---|
**Charity No. 1124091 Company No. 6421563**
**DARUL ULOOM DAWATUL IMAAN Year Ended 31st August 2021**
**__________________________________________________________________________________**
||**CONTENTS**||
|---|---|---|
|||**Page**|
|Trustees' Report||1‐4|
|Independent Examiners Report||5|
|Statement of Financial Activities||6|
|Balance Sheet||7|
|Statement of Cash Flows||8|
|Notes to the financial statements||9‐13|
**DARUL ULOOM DAWATUL IMAAN Charity No. 1124091 Trustees' Report for the period ended 31st August 2021 Company No. 6421563**
The trustees are pleased to present their annual directors report and financial statements for the period ended 31 August 2021 which are also prepared to meet the requirements for a directors' report and accounts for Companies Act purposes.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 and comply with the charity's trust deed, the Charities Act 2011 , the Companies Act 2006, and 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 Republic of Ireland (FRS 102) (effective 1 January 2015).
## **Objects and policies**
The object of the charity is to advance the education of the public, including education in the Islãmic religion and such other courses for the benefit of the community as the trustees shall think fit. To advance the Islãmic religion for the benefit of the public and to promote such other charitable purposes as the trustees may from time to time determine.
The principal work of the charity is to educate students who will graduate as well educated Muslim Scholars, Imãms and guides with knowledge, appreciation, awareness and understanding of Islãm's emphasis on mutual respect, social harmony, peace, tolerance, dignity and chivalry.
The ethos of Islãmic Knowledge and our institute is to make ourselves and our students aware of man's obligations towards their Creator, parents, spouse, relatives, neighbours, friends, teachers, juniors, fellow citizens, society and ourselves.
## **Structure, governance and management**
The charity is a company limited by guarantee and not having a share capital is governed by its Memorandum and Articles of Association.
The directors of the company are its trustees for the purpose of charity law and throughout this report are referred to as the trustees. The trustees as Charity Trustees have control of the company and its property and funds.
The company was incorporated on 8th November 2007.
The company was registered as a charity on 16th May 2008. The trustees named on the front sheet have served throughout the period.
Each member undertakes to contribute to the assets of the company in the event of the company being wound up to a limit not exceeding £10 (ten pounds).
The trustees agree the broad strategy and areas of activity of the company in accordance with the Articles of Association and the charitable objects set out above.
On a day to day basis the senior management team and the School Director who are answerable to the Board of Trustees run the Darul Uloom.
## **Policies and procedures adopted for the induction and training of trustees**
The company recognises that it has a responsibility to provide guidance and assist new trustees in fulfilling their duties and responsibilities. This is done in accordance with Charity Commission guidance. New trustees are given appropriate Charity Commission publications.
1
**DARUL ULOOM DAWATUL IMAAN Charity No. 1124091 Trustees' Report for the period ended 31st August 2021 Company No. 6421563**
## **Achievements and performance**
All praise is to the Almighty through whose grace 2020/21 has been a productive , successful yet a challenging year for Darul Uloom Dawatul Imaan, like all other educational institutions .
We pray that the Almighty continues to grant our institute the same level of success in the future. Aameen.
Like the previous year this period was also disrupted due to Covid. Initially the school opened its doors to the students to return in September 2020 after working tirelessly with the partners at Bradford Infection control and the HSE. Regular testing took place and again due to national lockdown the school closed in January 2021 as per government guidance.
During this period online teaching resumed.
The Darul Uloom continues to provide educational facilities for 150 students, from across the UK and EU. In total 110 students are currently studying Aalimiyat (Islamic Sciences). In Hifz class (memorising the Qur'an) there are currently 40 students.
This year by the grace of the Almighty 7 students completed their memorisation of the Quran.
Students who are currently of compulsory school age are 122. Core and non‐core National Curriculum subjects are covered and are part of the syllabus.
There are in total 5 year groups (Year 7‐Year 11) and the syllabus for each year group included the
core subjects' English Language, English Literature, Maths and Double Award Science. Students are also taught ICT, History, Citizenship, PSHE, RE,Arabic and Urdu.
Students in years 10‐11 alongside the core subjects study ICT, Urdu, and religious Education, History and Arabic.
GCSE grades were awarded by the awarding bodies after assessment and grades were submitted by the school as per government guidelines.
Further to this, student's post 16, are studying A level in Arabic, Urdu, Maths and Sociology. The school hopes to introduce further options for the 6th form by adding English and Sciences.
To aid the institutes' personal development as leaders and independent citizens, mental wellbeing assemblies and careers sessions were arranged. Many assemblies carried out previously face to face had to be carried out online.
Amongst other enrichment activities students were taken on a community day. Gifts on behalf of the school were given in the holiday season and students helped clean the local neighbourhood. Feedback received from neighbours was very positive. Students also contributed towards the local food bank, along with raising funds for different charities locally and nationally.
Together with providing high standards of academic education, the Darul Uloom endeavours to promote a high level of spiritual, moral and social awareness and exemplary conduct amongst its students, which has always been the characteristic of Islamic Scholars, throughout the generations. To date 78 students have graduated as Aalim and 125 as Huffaz.
Ofsted carried out a progress monitoring visit in November 2020. All regulations were met. During this period the school registered with ISI (Independent Schools Inspectorate).
2
**DARUL ULOOM DAWATUL IMAAN Charity No. 1124091 Trustees' Report for the period ended 31st August 2021 Company No. 6421563**
## **Estate Management**
Perimeter fencing and CCTV were upgraded during the year to improve site security. Along with the current upto date facilities, The institute plans on expanding its faculties to help enrich it's curriculum and provide the best possible facilities for the students, so they may become ambassadors and leaders of their communities.
The institute hopes to develop a sports centre to help improve student's personal development and welfare. Along with this, a refurb of the old buildings to help facilitate further opportunities in the national curriculum. This project will provide further state of the art facilities such as science labs, design technology workshops and increase the classrooms.
However, this will require large amounts of finance. Trustees and School leaders will help raise towards these funds.
## **Future Plans**
Our medium and long term goals are to continue to provide a high level of education with particular attention on each individual student's needs. To this end we annually review and strengthen our systems for target setting, monitoring and tracking of students' academic and all‐round progress. Links have been made with external bodies to help monitor both the education and welfare within the school. Links are currently being established with other boarding schools and local care homes.
The Trustees and management team acknowledge the support and assistance of the staff, volunteers and donors, without whom the progress made to date, would not have been achieved. We would like to extend our gratitude to all those who have contributed to Darul Uloom Dawatul Imaan for their support, regardless of the size of the contribution and at the same time appeal to all our well‐wishers to continue with their moral, physical and financial support.
May the Almighty grant blessings for what has been achieved during the period of the past twelve months and may He shower us with further blessings and barakah in the future years. May He accept the efforts of all the Trustees, staff and volunteers for Aameen
## **Financial review**
In this financial period, the charity has been in deficit. This deficit has been met by the interest free loans and donations received from well‐wishers and members of the community.
We are actively seeking funding to sustain our projects, primarily to repay existing loans received for the construction project. At the same time to be able to continue providing subsidised level of education for students.
## **Risk management**
The trustees actively assess the major risks to which the charity is exposed through regular meetings and believe that maintaining reserves at current levels, combined with an annual review of controls over key financial systems, will provide sufficient resources in the event of adverse conditions. In the course of the period the trustees have reviewed the need to maintain adequate resources for both working capital and future resource needs.
## **Reserves policy**
As at 31 August 2021, the company had reserves of £165,285 of which £2,044,127 is represented by construction progress on the new building and £1,910,986 of loans given to support the project.
It is the goal of the trustees to achieve a level of reserves such as to secure the future of the Darul Uloom Dawatul
3
**DARUL ULOOM DAWATUL IMAAN Charity No. 1124091 Trustees' Report for the period ended 31st August 2021 Company No. 6421563**
Imaan.
## **Statement of trustees' responsibilities**
The Charity Trustees (who are also directors of Darul Uloom Dawatul Imaan for the purposes of company law) are responsible for preparing the trustees' annual report and financial statements in accordance with Applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting standard applicable in the UK and Republic of Ireland (United kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the incoming resources and application of resources of the company for that period.
In preparing financial statements giving a true and fair view, the trustees are required to:
- a) select suitable accounting policies and apply them consistently;
- b) make judgements and estimates that are reasonable and prudent;
- c) state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and;
- d) prepare the financial statements on a going concern basis unless it is inappropriate to presume that the company will continue in operation.
The trustees acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with the Companies Act 2006.
They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Approval**
This report was approved by the trustees on 15th July 2022 and signed on their behalf by:
…………………………………………………………
**Signed Vashiullah Bodiyat**
On behalf of the board of trustees
4
**DARUL ULOOM DAWATUL IMAAN Charity No. 1124091 Independent Examiner's Report to the Board of Directors on the Unaudited Financial Statements of Darul Uloom Dawatul Imaan Company No. 6421563**
I report to the charity trustees on my examination of the accounts for the company for the year ended 31 August 2021.
## **Responsibilities and basis of report**
As the charity's trustees of the Company ( and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of your charity's accounts as carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a qualified member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in respect of the company as required by section 386 of the '2006 Act; or
- the accounts do not accord with those records; or
- the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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: or
- the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Use of my report**
This report is made solely to the charity's trustees, as a body.
My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an Independent Examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work, for this report, for the statements I have made, or for the opinions I have stated.
Dated : 15th July 2022
## **Ebrahim Suleman ACA**
Member of The Institute of Chartered Accountants in England and Wales **Forrest Burlinson Chartered Accountants**
20 Owl Lane, Shawcross, Dewsbury WF12 7RQ
5
**Charity No. 1124091 Company No. 6421563**
**DARUL ULOOM DAWATUL IMAAN**
**STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2021**
|**FOR THE YEAR ENDED 31 AUGUST 2021**||||||
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**2021**|**2020**|
|||**funds**|**funds**|**Total**|**Total**|
||**Notes**|**£**|**£**|**£**|**£**|
|**Income:**||||||
|Donations and similar income|2|113,472|16,212|129,684|21,559|
|Grants|3|129,514||129,514|128,806|
|**Income from charitable activities:**||||||
|School income|4|513,438||513,438|422,869|
|**Total Income**||756,424|16,212|772,636|573,234|
|**Expenditure:**||||||
|**Charitable activities:**||||||
|Academic and School costs|5|500,433||500,433|378,163|
|Property and Equipment costs|6|168,259|115,875|284,134|232,073|
|Administration costs|7|7,909|100|8,009|7,001|
|Governance costs|8|17,936|1,808|19,744|8,985|
|**Total Expenditure**||694,537|117,783|812,320|626,222|
|**Net Income/(Expenditure) and net**||||||
|**movement of funds in the year**||61,887|(101,571)|(39,684)|(52,988)|
|Reconciliation of funds:||||||
|Total funds brought forward||(21,581)|226,550|204,969|257,957|
|**Total funds carried forward**||40,306|124,979|165,285|204,969|
There were no recognised gains or losses other than those included in the Statement of Financial Activities
6
**DARUL ULOOM DAWATUL IMAAN Charity No. 1124091 BALANCE SHEET AS AT 31ST AUGUST 2021 Company No. 6421563**
|**Notes**
**Fixed Assets**
Tangible assets
**14**
**Current Assets**
Debtors and prepayments
**15**
Cash at bank
Cash in hand
**Creditors: Amounts falling due within one year**
Other current liabilities
**16**
**Net current liabilities**
**Total assets less current liabilities**
**Creditors: Amounts falling due after more than one year**
Loans
**17**
**Net Assets**
**FUNDS**
Restricted Funds
**18**
Unrestricted Funds
**18**|**Total**
**Total**
**2021**
**2020**
**£**
**£**
2,360,679
2,459,307
44,266
116,111
36,364
29,843
1,412
6,303|
|---|---|
||82,042
152,257|
||(376,901)
(458,943)
(294,859)
(306,686)
2,065,820
2,152,621
(1,900,535)
(1,947,652)|
||165,285
204,969|
||124,979
226,550
40,306
(21,581)|
||165,285
204,969|
In preparing these financial statements:
- (a) The trustees are of the opinion that the company is entitled to the exemption from audit conferred by Section 477 of the Companies Act 2006;
(b) No notice has been deposited under Section 476 of the Companies Act 2006, and
- (c) The trustees acknowledge their responsibilities for:
(i) ensuring that the company keeps accounting records which comply with Section 386 of the Companies Act 2006, and for
(ii) preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial
year and of its profit or loss for the financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
The financial statements were approved by the board on 15th July 2022 and signed on their behalf by:
…………………………………………………………..
**Omar R Kholwadia Trustee**
7
**DARUL ULOOM DAWATUL IMAAN Charity No. 1124091 STATEMENT OF CASH FLOWS AT 31ST AUGUST 2021 Company No. 6421563**
|**Notes**
**Net cash used in operating activities**
**19**
**Cash flows from investment activities:**
Purchase of fixed assets
**Net cash provided by (used in) investing activities**
**Cash Flows from financing activities**
Additional loans/(repayment)
**Cash from financing activities**
Increase/(decrease) in cash and cash equivalents during the year
**Cash and cash equivalents brought forward**
**Cash and cash equivalents carried forward**|**2021**
**2020**
**Total**
**Total**
**£**
**£**
94,169
98,113
(45,422)
(23,692)|
|---|---|
||(45,422)
(23,692)|
||(47,117)
(313,560)|
||(47,117)
(313,560)|
||1,630
(239,139)
36,146
275,285|
||37,776
36,146|
8
**Charity No. 1124091 Company No. 6421563**
**DARUL ULOOM DAWATUL IMAAN NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST AUGUST 2021**
- **1 Accounting Policies**
- **1.1 Basis of preparation of accounts**
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 of Ireland (FRS 102) (effective 1 January 2015) ‐ (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and republic of Ireland (FRS 102) and the Companies Act 2006.
Assets and liabilities are recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
The Charity meets the definition of a public benefit entitiy as defined by FRS 102. The financial statements have been prepared on the going concern basis which assumes that current and future sources of funding and support will be more than adequate for the charitable company's needs.
## **1.2 Company status**
The Charity is a company limited by guarantee. Membership of the company is open to individuals who apply to the Charity in the form required by the Directors; who adhere to the teachings of the Qur'an and The Sunnah of Rasoolullah (saw) and his righteous companions according to the interpretation and accepted view of the Ahlus Sunnah Wal Jamaa'ah and as expounded by the Pious Predecessors of the four recognised schools of Jurisprudence and in particular the founding scholars of Darul Uloom Deoband and are approved by the Directors.
In the event of the company being wound up, the liability in respect of the guarantee is limited to £10 per member of the company.
The number of members as at 31st August 2021 was 3.
As the company does not trade for profit, the trustees have taken advantage of Section 474(2) of the companies Act 2006 and have prepared an income and expenditure account instead of a profit and loss account.
**1.3 Funds structure** Unrestricted funds comprise those funds which the trustees are free to use in accordance with the charitable objects.
Restricted funds comprise the 'New Project' fund for the construction of a new building as outlined in the Trustees report.
## **1.4 Income**
All incoming resources are included in the Statement of Financial Activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies apply to categories of income:
Donation of services and facilities are included at the value to the Charity where this can be quantified. Donated goods for ongoing use by the Charity are recognised as tangible fixed assets and included as incoming resources when receivable.
No amounts are included in the financial statements for services donated by volunteers. Incomings are stated before all expenses.
## **1.5 Expenditure**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Charitable Activities comprise all costs identified as wholly or mainly attributable to achieving the charitable objects of the Charity, including the costs of disseminating information in support of charitable activities. These costs include staff costs, wholly or mainly attributable to ensuring the public accountability of the Charity and its compliance with regulation.
**1.6 Pensions** The charity operates a stakeholder pension scheme for its employees. The charity has no liability beyond making its contributions and paying across the deductions for the employee's contributions.
9
**Charity No. 1124091 Company No. 6421563**
**DARUL ULOOM DAWATUL IMAAN NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST AUGUST 2021**
**1.7 Tangible fixed assets and depreciation** Tangible fixed assets are stated at cost. Depreciation is provided on all tangible fixed assets, except freehold land, at rates calculated to write off the cost on a straight‐line basis over their expected usefu economic lives using the following rates:
Fixture, Fittings & Equipment 20 % Straight Line Leasehold Premises Improvements 4% Straight Line Freehold 4% Straight Line
## **1.8 Debtors**
Debtors are recognised at the settlement amount due after any discounts offered
## **1.9 Cash at bank and in hand**
Cash at bank and in hand includes cash and any short term highly liquid investments and deposit accounts.
## **1.10 Creditors 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 of funds 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.
## 1.11 **Financial instruments**
The charity has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently at their settlement value.
|**2**
**Donations**
Donations
Donated assets
**3**
**Grants**
Government Grants
HMRC JRS Grants
**4**
**School income**
School fees
Textbooks and stationery
Examination fees
Miscellaneous income
Tuck shop sales
Telephone receipts
**5**
**Academic and School costs**
Wages and national insurance
Meals, provisions, etc
Tuck shop purchases
Tuition fees
Teaching materials
Examination fees
Security and supervision
**6**
**Property and Equipment costs**
Rates and Water
Heat and light
Insurance
Repairs and renewals
Cleaning and laundry
Depreciation ‐ Freehold
Depreciation ‐ Leasehold property improvements
Depreciation ‐ fixtures, fittings and equipment|Unrestricted
Restricted
2021
2020
Funds
Funds
Total
Total
£
£
£
£
113,472
16,212
129,684
21,559
0
0|
|---|---|
||113,472
16,212
129,684
21,559|
||30,000
30,000
99,514
99,514
128,806|
||129,514
0
129,514
128,806|
||496,376
496,376
407,183
40
40
925
7,750
7,750
3,805
1,297
1,297
5,466
6,510
6,510
4,490
1,465
1,465
1,000|
||513,438
513,438
422,869|
||349,032
349,032
266,104
38,705
38,705
43,898
8,881
8,881
2,503
0
0
1,000
5,022
5,022
5,839
11,064
11,064
11,947
87,729
87,729
46,872|
||500,433
500,433
378,163|
||23,090
23,090
17,042
40,026
40,026
25,910
10,245
10,245
9,276
55,825
55,825
20,902
10,898
10,898
3,735
2,858
2,858
2,858
115,875
115,875
115,875
25,317
25,317
36,475|
||168,259
115,875
284,134
232,073|
10
**Charity No. 1124091 Company No. 6421563**
**DARUL ULOOM DAWATUL IMAAN NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST AUGUST 2021**
|**7**
Printing, postage and stationery
Telephone
Travelling costs
Training costs
Miscellaneous expenses
Bank charges
**8**
**Governance costs**
Professional fees
**9**
**Support costs**
Management/administration
Accounting costs
Office costs
Management and administrations costs are allocated on a time b
Accounting and office costs are based on actual costs
**Administration and Managing the Charity/Governance costs**|Unrestricted
Restricted
2021
2020
Funds
Funds
Total
Total
£
£
£
£
3,503
3,503
1,512
3,196
3,196
2,862
0
338
696
696
1,400
450
450
314
64
100
164
575|
|---|---|
||7,909
100
8,009
7,001|
||17,936
1,808
19,744
15,041|
||19,053
19,053
4,809
1,808
6,617
13,505
100
13,605
37,367
1,908
39,275
asis|
|**10**
**Net incoming resources**
This is stated after charging:
Depreciation of tangible assets
**11**
**Transfers**
No transfers have been made between funds in the period.
**12**
**Staff costs**
Staff|28175
115875
144,050|
|---|---|
||**Employers**
**Approx.**
**Gross wages**
**NI**
**Avge. No.**
**£**
**£**
**of e'ees**
311,679
(2,096)
32|
The average full‐time equivalent number of employees is 18. There are no employees with emoluments above £60,000 in the period.
## **Volunteers**
The estimated number of hours contributed by volunteers in the period was 4,500 ( 2020: 4,000 ) hours.
**13 Remuneration and Transactions with Trustees** Omar Kholwadia ( a trustee ) is School Director and received a gross salary of £15,984 during the period (2020: £13,758).
Otherwise, no remuneration or expenses were paid to any trustee in the period and there were no transac‐ tions with the same.
|**Tangible Fixed Assets**
**Cost**
At 31 August 2020
Additions
At 31 August 2021
**Depreciation**
At 31 August 2020
Charge for the period
At 31 August 2021
**Net book value**
At 31 August 2021
At 31 August 2020|Freehold
Leasehold
Office and
Furniture
Property
Premises
Other
and
Improvements Equipment
Fixtures
Total
£
£
£
£
£
248209
2,896,888
159,078
203,320
3,507,495
24,647
20,775
45,422
0|
|---|---|
||248,209
2,896,888
183,725
224,095
3,552,917|
||15,023
737,122
97,168
198,875
1,048,188
2,858
115,875
21,110
4,207
144,050|
||17,881
852,997
118,278
203,082
1,192,238|
||230,328
2,043,891
65,447
21,013
2,360,679|
||233,186
2,159,766
61,910
4,445
2,459,307|
## **14 Tangible Fixed Assets**
11
**Charity No. 1124091 Company No. 6421563**
**DARUL ULOOM DAWATUL IMAAN NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST AUGUST 2021**
|**15**
**Debtors**
Fees due but not received net of bad debt provision
Other debtors
Prepayments
**16**
**Creditors**
Loans
Other creditors
Deposit for contingency
Inter account with DUDI Trust
Taxation and social security
Pensions
Wages
Accruals
**17**
**Loans**
Loans repayable within 2 to 5 years
Loans repayable after 5 years
Loans repayable beyond 2 years|2021
2020
Total
Total
£
£
39,187
62,427
200
47,790
4,879
5,894|
|---|---|
||44,266
116,111|
||151,751
233,184
21,813
25,299
15,600
21,300
104,735
104,735
3,607
659
2,197
965
32,220
45,483
44,978
27,318|
||376,901
458,943|
||2021
2020
Total
Total
£
£
510,026
481,826
1,390,509
1,465,826|
||1,900,535
1,947,652|
These loans have been received from private individuals in order to facilitate the construction of the new building ('New Project').
**18 Analysis of Funds**
|New Project ‐ Restricted
General Fund ‐ Unrestricted
**Analysis of Funds‐Previous year**
New Project ‐ Restricted
General Fund ‐ Unrestricted|Incoming
Resources
31 August 2021
B/Fwd
resources
expended
Transfers
C/Fwd
£
£
£
£
£
226,550
16,212
(117,783)
124,979
(21,581)
756,424
(694,537)
40,306
204,969
772,636
(812,320)
165,285
Incoming
Resources
31 August 2020
B/Fwd
resources
expended
Transfers
C/Fwd
£
£
£
£
£
352,923
6,759
(133,132)
226,550
(94,966)
566,475
(493,090)
(21,581)
257,957
573,234
(626,222)
204,969|
|---|---|
## **General Fund**
The General Fund is the principal fund of the charity. The income produced is used to support the work of the charity.
## **New Project**
This fund is a restricted fund and includes donations, loans, assets and costs in respect of the construction of the new Islamic Seminary building.
12
**Charity No. 1124091 Company No. 6421563**
**DARUL ULOOM DAWATUL IMAAN NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST AUGUST 2021**
|**Analysis of Net Assets Between Funds**
Tangible fixed assets
Current assets
Creditors falling due within one year
Creditors falling due after more than one year
**Analysis of Net Assets Between Funds‐Previous ye**
Tangible fixed assets
Current assets
Creditors falling due within one year
Creditors falling due after more than one year
**19**
**Reconciliation of net movements in funds to net ca**
Net movement in funds
Add back depreciation charge
Decrease (increase) in debtors
Increase (decrease) in creditors
Net cash used in operating activities|**General**
**New**
**Fund**
**Project**
**£**
**£**
316,552
2,044,127
79,711
2,331
(226,957)
(149,944)
(129,000)
(1,771,535)
40,306
124,979
**ar**
**General**
**New**
**Fund**
**Project**
**£**
**£**
302,605
2,156,702
136,584
15,673
(335,770)
(123,173)
(125,000)
(1,822,652)
(21,581)
226,550
**sh flow from operating activities**|**Total**
**£**
2,360,679
82,042
(376,901)
(1,900,535)
165,285
**Total**
**£**
2,459,307
152,257
(458,943)
(1,947,652)
204,969
**2021**
**2020**
**£**
**£**
(39,684)
(52,988)
144,050
155,208
71,845
(41,954)
(82,042)
37,847|
|---|---|---|
|||94,169
98,113|
13