DARUL ULOOM DAWATUL IMAAN TRUStEES' REPORT AND FINANCIAL SfATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Charlty Reglstratlon Number: 1124091 Company R•8lstratlon Number: 6421563
DARUL ULOOM DAWATUL IMAAN Charity Information Charity No. 1124091 Company No. 6421563 Trustees/Directors: Vashiullah Bodiyat Omar Rashid Kholwadia Umar Kika Company Secretary: Vashiullah Bodlyat School Dlrector: School Head Teacher: Head of Islamic Studles: Curriculum Lead: Head of Board and Welfare., Omar Rashid Kholwadia Abdurrahman Kayat Hasib Mayet Shoaib Patel Bllal Sheikh Charity Reglstration Number: 1124091 Company Registration Number: 6421563 Date of Incorporatlon: 8th November 2007 Charity OfficelRe8iStered Offlce: Harry Street Off Wakefield Road Bradford West Yorkshire BD4 9PH Website: www.dawatullmaan.or .uk Accountants: Forrest Burlinson Chartered Accountants & Registered Audltor 20 Owl Lane Dewsbury WF12 7RQ Independent Examiner: E Suleman Bankers: HSBC PIC PO Box 45 47 Market Street Bradford West Yorkshlre BDI ILW Barclays Bank PIC Market Place Dewsbury West Yorkshire WF13 IPS Solicitors: Khan & Co Solicitors 47 Cape Hill Smethwick, Birmingham B66 45F
DARUL ULOOM DAWATUL IMAAN Year Ended 31st August 2024 Charfty No. 1124091 Company No. 6421563 CONTENTS Pa8e Trustees, Report 14 Independent Examlners Report Statement of Financlal Actlvltles Balance Sheet Statement of Cash Flows Notes to the financlal statements 9-13
DARUL ULOOM DAWATUL IMAAN Trustees, Report for the period ended 31st Au8USt 2024 Charlty No. 1124091 Company No. 6421563 The trustees are pleased to present their annual directors report and financial statements for the period ended 31 August 2024 whith are also prepared to meetthe requirements for a directors, report and accounts for Companies Act purp05ÈS. The financial statements have been prepared in accordance with the accounting policies set out in note I 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 1021 (effective l January 20151. Objects and pollcles The object of the charity is to advance the education of the public, including education in the Islamic religion and such other courses for the benefit of the community as the trustee5 shall think fit. To advance the Islamic 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, Imams and guides with knowledge, appreclation, awareness and understanding of Islam's emphasis on mutual respect, soclal harmonyi peace, tolerance, dignity and chivalry. The ethos of Islamic 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. Structurep governance and management The charity is a company Ilmlted by guarantee and not having a share capital is governed by Its Memorandum and Articles of Association. The directors of the company are its trustee5 for the purpose of charity law and throughout this report are referred to a5 the trustee5. The trustees 35 Charity Trustee5 have control of the company and it5 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 perlod. Each member undertakes to contrlbute to the assets of the company in the event of the company being wound up to a Ilmit not exceeding £10 (ten pounds). The trustees agree the broad strate8y and areas of activity of the company in accordance with the Articles of Associatlon and the charitable objetts set out above. On a day to day ba515 the Senior management team and the School Director who are answerable to the Board of Trustee5 run the Darul Uloom. Pollcles and procedures adopted for the Inductlon and tralnlng of trustees The company recogni5es 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. Achievements and performance All praise is to the Almighty through whose grace 2023124 has been a productive, successful yet a challenging year for Darul Uloom Dawatul Imaan, like all other educational in5titution5 We pray that the Almighty continue5 to grant our institute the same level of success in the future. Aameen.
DARUL ULOOM DAWATUL IMAAN Trustees, Report for the period ended 31st August 2024 Charlty No. 1124091 Company No. 6421563 The school opened its doors to the students to return in earlyseptember. New students jolned a week later and were settled in. The Darul Uloom continues to provide educational fatilities for 158 students, from across the UK and EU. In total 108 students are currently studylng Aalimiyat (Islamic Sciences). In Hift class Imemorising the Qur'an) there are currently So students. This year by the grace of the Almighty 5 students completed their memorisation of the Quran. Students who are currently of compulsory school age are 99. 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 Lan8uage, Engllsh Llterature, Maths and Double Award Science. Students are also taught ICT, History, Citizenshlp. PSHE, RE,Arablc and Urdu. Students In years 10-11 alongside the core subjects study Icr, Urdu, and rellglous Educatlon, Hlstory and Arablc. Students sat their GCSE exams. Alhamdulillah the results were pleasing. Further to this, Student's post 16, are studylng A level In Arabic, Maths, Chemistry and Socio108y. Together with provldng high standard5 of academic education, the Darul Uloom endeavours to promote a hlgh level of spiritual, moral and social awareness and exemplary condutt among its students, which has always been the characteristic of Islamic Scholars throughout the generations. The school ha5 a frlendly atmosphere where the students learn and adapt to get on with other5, have the opportunltyto meet and live with students from different backgounds and cultures. Thls improves their interaction and communication skills. To ald the institute5' personal development as leaders and Independent citizens, mental wellbeing a55emblies and careers sessions were arranged both by external agencies and in school sessions. Students were also given opportunities for work experience wlthin the school to assist In their career guidance along with vislting the apprentlceshlp shows where they learn from professlonals In their field and explore different career routes. Amongst other enrlchment actlvltles students were taken on a community day. Gifts on behalf of the school were glven in the holiday season and students helped clean the local nÈighbourhood. Feedback received from neighbours was very positive. Students also contrlbuted towards the local food bank. along with raising funds for different charities locally and nationallv. Constructlon Project Along with continual improvement5 to the facilitie5 such as washrooms, the institute plans on expanding its facilities to help enrich it's curriculum and provide the best P055ible 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. Alon8 Wlth thi5, a refurb of the old bulldings to help facilitate further opportunities in the national curriculum. This project wlll provide further state of the art facillties such as science lab5, design technology workshop5 and an increase in classroom5. However, this will require investment. Trustees and School leaders have raised funds towards these projects.
DARUL ULOOM DAWATUL IMAAN Trustees, Report for the perlod ended 31st Au8USt 2024 Charlty No. 1124091 Company No. 6421563 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 5tudent5' academic and all-round pro8ress. 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 school5. As you are aware, the government has introduced VATfor independent schoo15. The school has passed the full cost direttly onto the parents. The first VAT payment wa5 paid in April 2025 for the period January to February 2025. Unfortunately in July 2024, there was a fatality on a school trip. HSE and the police are investigating the matter. The Insurance provider has been informed. An inquest wlll convene, at present there is no date set for this. The Trustees and management team acknowled8e the support and assistance of the staff, volunteers and donors, without whom the progress made to date, would not have been achieved. We would likÈ 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, physlcal and flnanclal support. May the Almighty grant blessings for what has been achieved during the perlod of the past twelve months and may He shower us with further ble55ings and barakah in the future years. May He accept the efforts of all the Trustees, staff and volunteers for Aameen Flnanclal revlew In thls financlal perlod, the charity ha5 been in deficit. This deficit has been met by the Interest free loan5 and donations received from well-wi5hers and members of the community. We are actively seeklng fundlng to sustaln our projects, prlmarlly to repay exlsting loans received for the constructlon project. At the same time to be able to continue Pfovidin8 subsidised level of education for students. Rlsk management The trustees actively assess the major risks to whlch the charlty is exposed through regular meetings and believe that increasing reserves , combined with an annual review of contro15 over key financlal systems, will provide sufficient resources in the event of adverse condltion5. In the course of the period the trustee5 have reviewed the need to maintain adequate resources, and a5 referred to in the financial review, to provide re5erve5 sufficient for both working capltal and future resource need5. Reserves pollcv As at 31 August 2024, the company had negative reserves of £157,659 of which £1,696,502 15 represented bv construction progress on the new bullding and £1,686,863 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 Imaan. Statement of trustees. re5pon5ibilities The CharityTru5tees (who are also directors of Darul Uloom Dawatul Imaan for the purposes of company law} are responsible for preparing the tru5tees' annual report and financial statement5 in accordance with Applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102= The Financial Reportin8 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
DARUL ULOOM DAWATUL IMAAN Trustees. Report for the period ended 31st August 2024 Charlty No. 1124091 Company No. 6421563 true and fair vlew 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: select suitable accounting policies and apply them consistentlyi bl make jud8ements and estimates that are reasonable and prudent; state whether appllcable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements", and; dl prepare the financial statements on a going concern basls unless It Is Inapproprlate to presume that the company will continue in operation. The trustees acknowledge thelr responslbllltles for ensuring that the company keep5 accountin8 records which comply wlth the Companle5 Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detertion of fraud and other irre8ularities. Approval Thls report wa5 approved by the trustees on 4th June 2025 and Signed on their behalf by: Slgned Vashlullah Bodlyat On behalf of the board of trustees
DARUL ULOOM DAWATUL IMAAN Charlty No. Independent Examlner's Report to the Board of Dlrertors on the Unaudited Flnancial Statements of Darul Uloom Dawatul Imaan Company No. 1124091 6421563 I report to the charity trustees on my examlnation of thé accounts for the company for the year ended 31 August 2024. Responsibilities and basis of report As the charittys trustee5 of Ihe 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 nol required to be audited under Part 16 of the 2006 Act and are ellgible for independent examination, I report in respect of your charitls accounts as carried out under section 145 of the Charflies Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under sectlon 14515) (b) of the 2011 Act. Indopend•nt oxamlno3 8talemant Since the Company's gross income exceeded £250,000 your examinèr must be a membèr of a body listed in section 145 of the 2011 Ad. I confirm that l am qualified to undertake the examlnallon because l am a qualified membèr of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodie8. I hav8 cnmpleted my examlnalion. I confirm that no mallers have come to my attention In connection wlth the examination giving me cause to bdleve.. accounting records were not kept in respect of the company as requlred by section 386 of the '2006 Act. or the accounts do not accord with those records,. or the accounts do not comply with the accounllng requirements of section 396 of the 2006 Act other than any requirement that the accK)unts give a 'lrue and fair view whlch is not a matter considered as part of an independent examination.. or the accounts have not been pr8pared In accordance with the methods and prinriples of the Slat8ment of Reo)mmended Practice for accounting and reporting by charities (applicable to charities preparing thelr accounts in accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland {FRS 102)). I have no concems and have come across no other matters in connection with the examination to whlch 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 lo the charitys truslees, as a body. My work has been undertaken so that I might slate to the charilvs trustees those matters l am required to state to them in an Independent Examinerfs report and for no other purpose. To the fullest extent pemltted by law, I do not accept or assume responsibility to anyone other than the charity and the charitls trustees as a btjdy, for my Work. for this report, for the slatemenls I have made, or for the opinions I have slaled. Dated Ebrahlm Suleman ACA Member of The Institute of Chartered Accountants in England and Wale5 Forrest Burlin50n Chartered Accountants 20 Owl Lane, Shawcross, Dewsbury WF12 7RQ
DARUL ULOOM DAWATUL IMAAN Charlty No. 1124091 Company No. 6421563 STATEMENT OF FINANCIAL ACTivmES (INCORPORATING AN INCOME AND EXPENDrruRE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2024 Unrestrlcted funds Restricted funds 2024 Total 2023 Total Notes Income: Donations and slmilar income 163,589 77,786 241,375 309,856 Income from charltable actfvltles: School income 742,151 742,151 688,808 Total Income 905,740 77,786 983,526 998,664 Expendlture: Charltable actlvltles: Academic and School costs Property and Equlpment costs Administration costs Governance costs 677,764 268,648 44,792 10,529 677,764 384,523 44,792 11,283 600,782 305,764 8,991 11,153 115,875 754 Total Expendlture 1,001,733 116,629 1,118,362 926,690 Net Incomel(Expendlture) 195,9931 138,8431 1134,836) 71,974 Tran$fer5 16 Net movement In funds 195,9931 {38,8431 1134,836) 71,974 Reconclllatlon of funds: Total funds brought forward {24,930) 2,107 (22,823) 165,285 Total funds carrled forward 1120,923) 136,7361 1157.659) 237,259 There were no recognised 8ains or losses other than those Included in the Statement of Financial Activities
DARUL ULOOM DAWATUL IMAAN BALANCE SHEET AS AT 31ST AUGUST 2024 Charlty No. 1124091 Company No. 6421563 Total 2024 Total 2023 Notes Flxed Assets Tangible a55ets 12 1,953,297 2,092.150 Current A55ets Debtors and prepayments Cash at bank Cash in hand 13 35,603 22.588 22 58.213 51,041 37,025 88,066 Credltor5: Amounts falllng due wlthln one year Other current Ilabllltles 14 {455,5051 1446.299} Net current Ilabllltles 1397,292) 1358,233) Tot81 asset$ less current Ilabllltles Credltors: Amounts falllng due after more th•n one year Loans 1,556,IKJ5 1,733,917 15 11,713,664) 11,756,740) Net Assets 1157,6591 122,8231 FUNDS Restricted Funds Unrestricted Funds 16 16 136,7361 1120,9231 1157,6591 2,107 124,9301 122,8231 In preparln8 these financial statements: lal The trustees are of the oplnion that the company15 entltled to the exemptlon from audlt conferred by Sectlon 477 of the Companles Act 2((J6,. Ibl No notlce has been deposlted under Sectlon 476 of the Companles Act 2006, and Icl The trustees acknowledge thelr responslbllltles for: lil ensurSn8 that the company keeps accountlng records whlch comply wlth Sectlon 386 of the Companles Act 2006, and lor 1111 preparln8 accounts whSch 8lve 3 iiue and falr vlew of the state of affalrs of the company as at the end of the flnantial year and of Its profit or1055 for the financlal year In accordance with the requlrements of Sections 394 and 395 and which otheiwlse comply wlth the requlrements of the Companies Act 2006 relatln8 to accounts, so far as appllcable to the companv. The financial statements were approved by the board on 4th June 2025 and si8ned on thelr behalf by: Ornar R Kholwadla Trustee
DARUL ULOOM DAWATUL IMAAN STATEMENT OF CASH FLOWS AT 31ST AUGUST 2024 Charlty No. 1124091 Company No. 6421563 2024 Total 2013 Total Notes Net cash used In operatlni artlvltles 17 31,796 226.140 Cash flows from Investment actlvltles: Purchase of fixed assets 13,135} 120,0521 Net cash provlded by (used Inl In¥estln8 art5vltles 13,1351 120,0521 C•$h Flows from flnJncln8 actl¥ltles Addltlonal loansllrepaymentl 143,0761 1207,5001 Cash from flnan¢lni •¢tlvlt1•5 143,0761 1207,5001 In¢aSe/(deCreasel in cash and cash equlvalents durlng the year 114,4151 11,4121 Cash and cash equlvalents brought lorward 37,025 38,437 Cash and cash equlv•lents cjrrled forward 22,610 37,025
DARUL ULOOM DAWATUL IMAAN NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31sfAUGUST 2024 Charlty No. 1124091 Company No. 6421563 AccountlnÉ Pollties Basis of preparatlon of Jccounts The financial statements have been prepared in accordance with Accounlln8 and Aeportln8 by Charltle5.' statement of Recommended Practice applicable io charities preparln8thelr accounts in accordance with the Flnanclal Reporting Standard applicable In the UK and Rebubllc of Ireland IFRS 1021 (effective ljanuary 20151- ICharitiesSORP IFRS 10211. the Flnancial Reportin8 Stsndard applkable In the UK and republic of Ireland (FR5 1021 and ihe Companie5 Act 2L)J6. Assets and Ilablllties are reco8nised at hlstorical cvst or transartlon value unless otherwlse stated In the relevant accountin8 pollcy note. The Charlty meets the delinitlon vf a public benefft entltly as defined by FR5 102. The flnanrlal statements have been prepared on the 80in8 concern basls whlch assumes that current and future source5 01 fundlng and support wéll be more than adequate for the charltable companvs needs. Company Jt•tus The Charlty Is a company Ilmfted byBuaTantee. Membershlp of the company ig open to Indlvldua15 who apply to the Charlty In the form requlred bythe Dirertors,. who adhere to the teachings of the Qur'an and The Sunnah ol Rasoolvllah Isawl and his righteous companlons accordin8 to the InterptatIon and accepted vlew of the Ahlus Sunnah Wal Jamaa'ah and as expounded by the P6ous Predece5s0rs ofrthe foul recognised schools of Jurisprudence and In partlcular the louThdlrtg scholars of Darul Uloom Deoband and are approved by the Dlrertork In the eveni of the company beln8 wound UP* the Ilablllty In respeci of the 8uarantee Is Ilmlted to £10 per member of the companv. The number of members as at 31st Au8USt 2024 was 3. As the company does noi trade for prt)flL the trustees have taken advanta8e of Section 474121 of the ompanle5 Act 2006 and ha prepared an income and expendlture account Instead ola proflt and loss account. Funds structure Unrestrlcted funds comprlse those lunds whlch the trustees I free to use In accordante with the charltablè oblec¢5. Restrlcted funds comprise the'New Project, fund for the cofistructlon of H new bulldina as outlined in the Trustees report. Incom• All Incomin8 resources are Included In the Statement of Flnanclal Activlties when the Charfty Is entltled to the Income and the amount can be quantlfied wlth reasonable accufacy. The followln8 spe¢llk pollcles apply to cate8orles of income: tlonation of serylces and facllliies are Included at the value io the Charlty where thls can be quantlned. Donated 8oods for on8olnB use by the Charlty are reco8nlsed as tan8lble fixed asset5 and Included as Incomlng resources when recelvable. No amounts are Included in the finan¢lal Statements for 5ervice5 donated by volunteers. Incomln8s are 5t3ted before all expense5. Expondlture All expendlture 15 accounted for on an accruals basls and has been cla$51fled under headin8S that a88re8ate all costs related to the tategory. Charltable Artivities comprise all costs identlfled as wholly or malnly attributable to achlevlng the tharitsble objects of the Charlty. Includln8 the t05t5 of d4ssemlnatln8 Information in support of charitable actlvitles. Thèse costs Include staff costs, wholly or malnly attrlbutable to ensurin8 the public accountability of the Charlty and its compllance with reBulation. Penslo The charity operates a stskeholder penslon scheme for its employees. The charlty has no Ilablllty beyond maklng its contribution5 and payin8 acros5 Ihe deductlons for the employee's contiibutions.
DARUL ULOOM DAWATUL IMAAN NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST AUGUST 2024 Ch•rlty No. 1124091 Company No. 6421563 Tonilble flxed as$8ts and depreclatlon Tan8lble fixed assets are stated at cost. Depreciation is provlded on all tan8ibl* fixed assets, e¥cept freehold land, at rates talculoted to write oft ihe cost on a strafj8ht-Ilnè ba515 over their expected useful economic lives using the followin8 rates: Fixture, Fittin8s & Equlpment Leasehold Prern15e5 Improvements Freehold 20 % Strai8ht Line 4% Stral8ht Llne 4% Stral8ht Lrne Debtors Debtor5 are recoBni5ed at the 5ettlefflent amount due after any discounts offered Cash at bank •nd In h•nd Cash at bank and in hand Includes cash and any short term hi8hly liquld investments and deposlt accounts. i.io Cfedltors and provlslon5 Credltors and provisions are reco8nlsed where the tharlly has a present obli8atlon resultlng from a past event that wlll probably result in the transfer of lunds to a thlrd party and the amount due tc settle the obll8atlon can be measured OT estimated rellably. Credltors and provlslons are normally reco8nlsed at their settlement amount after allowln8 for any dlscounts due. i.ii Flnanclal Initruments The Charity has flnanclal assets and Ilabllltles of a klnd that quallfy as baslc financial Instruments. Baslc nancial Instruments are Inltlally réco8nlsed at transactlon value and subsequently at their sÈttlÈment value. Unrestrlcted Re5trlcted Funds Funds 2024 Total 2023 Total Oon•tlons Donations 163,589 163,589 77,786 77,786 241,375 241,375 309,856 309,856 School Income school fee5 Textbook5 and statlonery EKamlnatlon fees Miscellaneous Income Tuck shop sales Telephone receipts 709,301 326 14,655 9.069 7,050 1,750 742,151 709,301 326 14,6S5 9,069 7.050 1,750 742,151 664,127 2.201 6,870 3,460 8,750 3,4CQ 688.808 Audemle and khool costs Wa8e5 and natlonal insurance Meals, prov151on5, et Tuck shop purchases Tultlon fees Tea¢hlng materla15 Exarninatlon fees School Trip Expenses Securlty and supeNlslon 408.786 96,116 10,141 1,695 2,173 19,765 7,098 131.990 677,764 408,786 96,116 10,141 1,695 2,173 19,765 7,098 131,990 677,764 367,437 85,739 11,787 132 2,808 7,573 5,125 120,181 600,782 io
DARUL ULOOM OAWATUL IMAAN NOTESTOTHE ACCOUNTS FOR THE YEAR ENDED 31ST AUGUST 2024 Chorlty No. 1124091 Comppny No. 64213 Propèrty and Equlpment Costs Rates and Water Heat and118ht Insurance Aepalr5 and rEn?wals Cleaning and laundry Depreciation- Freehold Depreclatlon- Le35ehold property improvements Depreciation- fixture5, fittings and equipment 2B,848 110.206 4,030 90,266 9,185 2.858 28,848 110,206 4,030 90,266 9,185 2.858 115,875 23,255 384,523 24,405 94,586 4,166 26,112 7.766 2,858 115,875 29,996 305,764 115,875 23,255 268,648 115,875 Unrestricted Restricted Funds Fund5 2024 Total 2023 Total Admlnlstrati¢n and ManJiln8 the charltylG0vTrInC• costs Printing, posta8e and statlonery Telephone Travellln8 Costs Tralning c05t5 Bad debts wrltten off Mlstellaneous expenses Bank char8e5 2,S20 2,277 394 190 35,018 3,561 832 44,792 2,520 2,277 394 190 35,018 3.561 832 44.792 1,713 2,348 95 1,322 2.024 1,489 8,991 Govern•nc• costs Profe551onal fee5 10,529 754 11,283 11,153 Support£osts Managementladmlnlstration Accountin8 Costs Offlce costs 23,774 4,320 7,139 23.774 5,074 7,139 35,987 754 754 Mana8ement and admlnlstratlon costs are allocèied on a tlme bas15 Accountln8 and offlce ¢05t5 are based on actual costs N•t movemont In fund5 Th1515 StatEd after char8lnB'. Depreclatlon of tanBlble assets 26113 115875 141,988 Employe Approx. A•. ND. of e'ees io stsff Costs Gross wales Stoff 507,352 The averoge full-tlme equivalent number of employees Is 24. There are no employees wlth emoluments above £60,OLKI In the perlod. Volunteers The estimated number of hours contrlbvted by volunteers in the perlod was 4,60012023.. 4,6001 hours. li Remuneratlon and Tr4n5actlons wlth Trust• Omar KhDlwadia l a trustee I Is School Dlrector and re¢elved a gross salary of £19,738 durlng the perlad 12023.. £17,988). Otherwise. no remuneration or expenses were pald to anytrustee in the period and therp wprE no tran5aC- tlon5 Wlth the same. li
DARUL ULOOM DAWATUL IMAAN NOTESTO THEACCOUNTS FOR THE YEAR ENDED 31ST AUGUST2024 CharSty No. 1124091 Comwny No. 6421563 Tan8lbl• Flxèd Assets Freehold Property Leasehold Offlce and Premises Other Improvement! Equipment Furnlture and Fixtures Total Cost At 31 August 2023 Addltlons 248209 2,896,888 202,238 1.785 232,149 3.579,484 1,350 3,135 At 31 Au8U5t 2024 248.209 2.896.888 204,023 233,499 3,582,619 Depfe¢lotlon At 31 August 2023 Char8e for the perlod 23,597 2,858 1,084,747 115,875 163,811 16,564 215,179 1,487,334 6,691 141,988 At 31 Au8USt 2024 26,455 1,200,622 180,375 221,870 1,629,322 Net book value At 31 Au8USt 2024 221,754 1,696,266 23,648 11,629 1,953,297 At 31 Au8ilSt 2023 224,612 1,812,141 38,427 16,970 2.092,150 2024 Total 2023 Total 13 Debtors Fees due but not recelved net of bad debt provlslon Other debtors Prepayments 30.948 2QJ 4,455 35,603 43,844 2CLI 6,997 51,041 Credltor5 Loafis Other creditors Oep051t for contlngenry Inter account wlth DUDI Trust Taxatlon and soclal securlty Penslons Wa8es Accruals 114,499 36,709 3,ICiJ 104,735 6,178 2.842 91,633 95,809 455,505 178,284 40,364 3,5 104,735 5.031 2,351 69,381 42,653 446,299 2024 Total 2023 Total Lo•n5 Loans repayable wlthln 2 to 5 years Loans repayable after 5 year5 Loans repayable beyond 2 year$ 407,600 515,426 1.306,064 1.241,314 1,713,664 1,756,740 These loans have been recel¥ed from prlvate individuals In orderto facllltste the constructlon of the new bulldln81'New Proje¢t'l. 12
DARUL UIOOM DAWATUL IMAAN NOTES TOTHE ACCOUNTS FOR THE YEAR ENDED J15fAUGUST 2024 ChBrlty No. 1124091 Company P40. 642156a 16 Analysls of Funds IncomlnB resourcès Resources expended 31 Au8USI 2024 CIFwd BIFwd Transfers New Projert- Restricted General Fund- Unrestricted 2,107 124.9301 22,823 77,786 1116,6291 905,740 11,C(JI,7331 983.526 1,118 362 136,7361 1120.9231 157.659 Anply515 of Funds-Prevlous year Incomln Resourcès expended 31 August 2023 CIFwd IFwd oiir¢e5 Tran5fer5 New Prolect- Aestrlcted General Ftsnd- Unrestrlcted 152,4511 142,3461 94,797 171,427 827,237 998,664 1116,8691 1809,8211 926,690 2,107 124,9301 G•n•fal Fund The Genefal Fund Is the prlncipal fund of the Chaiity, The income produced Is used to support the work of the chafltv. New Prol•ct Thls fund 15 a restrlcted fund and Includes donations, loans, assets and tost5 In respect of the constructiorn of the new Islamlc Semlnary bulldln8. WI15 of Not A55•ts Bqtw•an Funds Genvr• nd New Project Tot•1 Tan8lble flxed assets Current aS5et5 Creditors falling due within one year Cfedltors falllng due after more than one year 256.795 1,696,502 51,341 6,872 1300,0601 1155,4451 1128.9991 11,584,665) 1,953,297 58,213 1455,5051 11,713,664) 120 923 157 659 Art•11$ of N•t Ass•ts B•tw••n Fund5-Pr•¥lous ye•r G•nefil Fund New Pfolect Total Tan8lble flxed assets Current assets Credltors lalllng due wlthln one year Creditors fallin8 due after more than one year 279,773 1,812,377 79,120 8,946 1254,8231 1191,4761 1129.LYJOI 11,627,740) 2,092,150 88,066 1446,2991 11,756,740> 124,9301 2,107 22,823 17 R•¢on¢lll•tlon of n•t mov•m•nts In funds to n•t c•sh flow from op•ratlni actl¥lths 2024 2023 Net movement In funds Add back depreclatlon charge Decrease lincreasel in debtorg Increase Idecreasel in creditors 1134,8361 141,988 15.438 9,206 71.974 148,729 39.553 134,1161 Net cash used In operatin8 actlvities 31.796 226,140 13