MADRASA IBRAHIM
FINANCIAL STATEMENTS
FOR THE YEAR ENDING 30 JUNE 2025
CHARITY NUMBER: 1126042
ABBEY & CO ASSOCIATES 1ST FLOOR, ABBEY HOUSE 270-272 LEVER STREET BOLTON BL3 6PD
MADRASA IBRAHIM
CHARITY INFORMATION
FOR THE YEAR ENDING 30 JUNE 2025
Trustees
Hanif Mohommad Kola Mohammad Asif Sheikh Bilal Azhar Sheikh
Chairman Secretary
Charity Secretary
Mohammad Asif Sheikh
Registered Office
17 Carter Street Bolton BL3 2HG
Bankers
Natwest Bank 24 Deansgate Bolton BL1 1BN
Accountants
Abbey & Co Associates 1st Floor, Abbey House 270-272 Lever Street Bolton BL3 6PD
1
MADRASA IBRAHIM
FOR THE YEAR ENDING 30 JUNE 2025
STATEMENT OF TRUSTEES RESPONSIBILITIES
Charity Law requires the Trustees to prepare financial statements and statements of assets and liabilities for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period together with its assets and liabilities at the end of the period and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are required to:
-
(a) Select suitable accounting policies and then apply them consistently
-
(b) make judgements and estimates that are reasonable and prudent
-
(c) state whether the policies adopted are in accordance with the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable standards subject to any material departures disclosed and explained in the financial statements
-
(d) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue its activities
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with applicable Accounting Standards and Statements of Recommended Practice and the regulation made under S44 of the Charity Act 1993 as amended by Charity Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention of fraud or other irregularities.
Approved by the Trustees and signed on their behalf by:
Hanif Mohommad Kola (Chairman)
11th February 2026
2
INDEPENDENT EXAMINERS' REPORT
TO THE MEMBERS OF MADRASA IBRAHIM
I have examined the financial statements for the year ended 30 June 2025 as set out on the annexed pages which have been prepared under the historical cost convention and the accounting policies set out below:
Respective responsibilities of the Trustees and Independent Examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. The charity’s gross income did not exceed £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Financial Accountants (IFA).
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for an independent examination; it is my responsibility to:
-
examine the accounts under section 145 of the Charities Act 2011,
-
to follow the procedures laid down in the general Directions given by the Charity Commission
-
(under section 145(5)(b) of the Charities Act 2011, and
-
to state whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records.
It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts a 'true and fair' view and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
I have completed by examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
1) accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
-
2) the accounts do not accord with those records; or
3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
__________ Honorary Independent Examiner
Faruk Patel FFA FTA Abbey & Co Associates 1st Floor, Abbey House 270-272 Lever Street Bolton BL3 6PD
10th February 2026
3
MADRASA IBRAHIM
BALANCE SHEET AS AT 30 JUNE 2025
| FIXED ASSETS New Building (Incl Legal Fees etc….) Freehold Property Freehold Property Renovations CURRENT ASSETS Debtors & Prepayments Cash on Hand Cash at Bank CURRENT LIABILITIES Accurals & Creditors Private Loans (Qarza-e-Hasana) Net Current Assets / (Liabilities) NET ASSETS REPRESENTED BY: ACCUMULATED FUNDS Balance B/fwd 01/07/2024 Surplus for the Year Balance C/fwd 30/06/2025 |
£ 60,000.00 214,769.00 10,208.00 |
2025 £ 284,977.00 75,994.86 360,971.86 353,302.38 7,669.48 360,971.86 |
£ 60,000.00 214,769.00 10,208.00 |
2024 £ 284,977.00 68,325.38 |
|---|---|---|---|---|
| - 629.94 87,287.55 |
- 551.94 86,359.83 |
|||
| 87,917.49 | 86,911.77 | |||
| 1,222.63 10,700.00 |
1,886.39 16,700.00 |
|||
| 11,922.63 | 18,586.39 | |||
| 353,302.38 | ||||
| 343,691.39 9,610.99 |
||||
| 353,302.38 |
Approved by the Trustees and signed on their behalf by:
Hanif Mohommad Kola (Chairman)
11th February 2026
4
MADRASA IBRAHIM
INCOME AND EXPENDITURE STATEMENT
FOR THE YEAR ENDING 30 JUNE 2025
| INCOME Donations & Lillah Contributions Membership Fees Madressah Fees Rental Income Government Grants Other Income LESS : EXPENSES Printing, Postage & Stationery Telephone & Internet IT & Software Costs Advertising Shop Purchases Insurance Professional Fees Premises Expenses Bank Charges Honoriaium & Admin Payments Wages PAYE/NI Teachers Fees Ramadan & Function Costs Sundry Expenses EXCESS OF INCOME OVER EXPENDITURE |
£ 43,142.21 - 21,359.60 14,420.00 - 2,177.71 |
2025 £ 81,099.52 73,430.04 7,669.48 |
£ 28,540.74 - 20,180.00 15,550.00 - 2,621.82 |
2024 £ 66,892.56 57,281.57 |
|---|---|---|---|---|
| 121.00 383.28 338.25 - 913.13 546.40 - 10,419.22 - 1,810.00 37,565.34 20,731.22 - 602.20 |
136.74 359.28 - - 1,218.30 523.00 - 10,085.08 - 3,243.00 24,534.68 16,881.49 - 300.00 |
|||
| 9,610.99 |
5
MADRASA IBRAHIM
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDING 30 JUNE 2025
| RECEIPTS PAYMENTS £ - MEMBERS FEES NEW BUILDING - NEW BUILDING FUND PROFESSIONAL FEES ADVERTISING POSTAGE AND STAT. 43,142.21 DONATIONS & LILLAH TELEPHONE & INTERNET 14,420.00 RENT IT & SOFTWARE COSTS 21,359.60 MADRESSAH FEES MATERIALS COSTS - GOVERNMENT GRANTS RAMADAN & FUNCTION COSTS 2,177.71 OTHER INCOME INSURANCE BANK CHARGES SUNDRY EXPENSES PREMISES EXPENSES WAGES & PAYE/NI HONORIA & ADMIN PAYMENTS TEACHERS FEES - DEBTORS & PREPAY B/FWD CREDITORS & ACCURALS B/FWD 1,222.63 CREDITORS & ACCURALS DEBTORS & PREPAY 10,700.00 LOANS (QAR. HAS.) C/FWD LOANS (QAR. HAS.) B/FWD 86,359.83 BANK BALANCE B/FWD BANK BALANCE C/FWD 551.94 CASH IN HAND B/FWD CASH IN HAND C/FWD 179,933.92 |
£ - - - 121.00 383.28 338.25 913.13 - 546.40 - 602.20 10,419.22 37,565.34 1,810.00 20,731.22 1,886.39 - 16,700.00 87,287.55 629.94 |
|---|---|
| 179,933.92 |
6