Charfty Numbar. 1129284 England and Wales Tru8ts0'8 Report and Flnanclal Statsm•nts For th• P•rlod End•d 30 Aprfl ?024
ZIA UL ULOOM ort and Accounts Conta Page Charfty Infomiallon Trustees. report 4-6 Indèpendent oxamlnorfs roport to tha Trustees Flnanclal Statements Balanca Sheet Notes to the accounts 10.14 P¥Jo 2
ZIA UL ULOOM Chari Infomiatlon for rlod ended 30 A rfl .2024 Trugtee*: Qarl Mohammad Ashraf SIALVI Ichalrman) Ghulam Yousaf QURESHI ITruste•l Waslm AKRAM ITruste•} Mohamad Saleem KHAWAJA (Trustse) Haarls Mu8lafa Sialvl (Trusteo appolntod 13.10.2024} Mohammad SIDDIQUE (Trusteel S4JJad-Azam CHOUDRY ITrusteo) Qlsar Noor ul ZAAIAN ITruito91 Hafiz Muh•mmad AKRAM ITru¥to•) Prlncipal bankers: Unlty Trust Bank London Bu81nes8 Addr088: S Stanley Av•nue WEMBLEY Mlddle8•X HAO 4JA Charlty Numbor: 11292•4 England and Wal•• Accountsnta: 8 M Q Accountancy and Man•gernent Consuttancy Ltd Crown House4uft• 702. North Clrculai Road London NW10 7PN Pw3
ZIA UL ULOOM Trugtees Annual Re tructu Governancé & Mana émont The ZIA UL ULOOM as charity was irtorporalfyj on 23 Aprll 2CN)9 and is govèmed by Chanty Constitution. It is also a regi8twed charity, rm). 112W284 anlsatlonal Struclurn The charity tru8ts88 arn resFonsit4e for thts Strategic managemerf of the ¢tharty. The Chalmian 18 responsible for ts implementotM of Pn8 and nmnlng of tha charity. REFERENCE AND ADMINISTRATIVE DETAILS: Regi8t8r•d charity n ZIA UL ULOOM Charty regislr81iw number 1129284 Pri1paI offi¢e'. 6 Stnl•y Av•nu•. Wfjmbloyi Mlddl•8•x HAO 4IA QaTi Mohammad Ashraf SLALN Ghulsm You8al QURESHI Waslm AKRAM Mohamad Saleem KfrL4WAJA Haaiis Muslafa Sialvl Mohammad SIDDIQUE SaSl8d-Azam CHOUDRY Qisar Noor ul ZAMAN Hafiz Muhamm•d AKFW Accountant S M Q Accountancy & Management Con8ullw Llmlt•d Crown House, Narth Clr¢ular Road, Lon NW10 7PN GOVERNANCE AND MANAGEMEirr OBJECTIVES ANO ACTMnE8 81ru¢tur•. g¢Mmanc• and m•n•g•m•nt Stru¢fvr• The ZIA UL ULOOM charlty was reg18tered M 23 Aprll 2009 gov•m•d by Conilitution 11 to adv8n¢e the Islamlc rdloion, arKI in part¥.1$19C Ed1 amongst adult Muslims in the Unlled Kingdryn.. 2} to advance education amongst adult Muslim stnts. Whether from the United lQ'ngdom or d8ev#here: 3110 relieve poverty amongst Muslims In the Unlted larfjdom and out of Iho United Kingd<Mn and in wbAlar, but w1ul Ilmltlng the fwolng., 4110 advance In1Sf$ young Muslim Fwple through., Al the YO$10n of recreational and leisure timg activibe8 provlded in the interest of Sla1 welfare, dgsigned lo impro%* thelr conditson of lrfe" Bl providing support and activrties. whlch develop their Skills. caPatieS and e4pabililies lo enablo them lo participate In souety as mature and responsible ilividual8. Rt8k M&nag•m•nt The tru8lee8 have a88e8sed thg rnai risks to whth (tsity18 exsed to and are satisfied th81 systems are in to mibgate exposure to the88 risks.
ZIAULU OOM Advanc8m9nl ol fAIth hatw• do: General Charltable PurpoM8 Rellglou8 Acti088 Othar Charltablg Purrrf)Je8 Th1• h dan• through: Make8 Grants To IndiNlduo16 PrOdeS Sce Cxher Chltable AcUvllle8 Tho perlod of 2023r24 ha8 boon an owrtlul fLY la Ul Uloom. Th8rg has beon a 81gftlficant d80 In attend0 at the Matsjld oThI more donollsTh a I>18. Péopla ar• paylng mLKh mty8 Intwelt In the Malkl'j opwall¢Th. Th8 Tru8tw In8t8lled a devlce to hdp attend888 dr8 to make cwd paymMt8 In th• ab8fjn ol Maslld per80nnel. At an In8ts1Iati 8fKI devi cost of £325.00 on a montNy sUbP of £15.ly). The Hlbabox hag helpad ra18e of £1900.00 In donations 8irte h'8 in¥talla1l. At 8n hourly wage of £11.44 on a 35 hour a week contracl. Some of the funds ral88d were Hamjw Moryque lo512024 t2242 and c0VID0d Mosqua 2410512024 £1050.00 During eady 2024 8 foundlrKJ Trustee irf the lty r061fv dug to old and hgglih condluons. Welcoming the new Mayor of Brert and awardlng the fomr Tnth Abdul A2iz Ahmad for hls tlreless •fforts for the Trust. The dlnnw event was at the Maslld 05 Stan* Ave. London HAO 4JA on 2611012024. The event was 8 succ3 and by thg Dunya NewB channel. It risod an awwen888 of the Masjld and th6 work the Z48 Ul Uloom TNSI is doiTrJ In thè wea. on •arl• Sla Trustees agreed to lake on another young Injstse Haarfs Slthl to ass18t the growth ol Iho Trust and Ma8wd op8rntlon8 meetiThJ dat8d 13110r2024
ZIA UL ULOOM Financial Overview Rgserves pollcy The Irustses have sel a reseThes policy of £1.600 For the year er¥Jod 30th Wil 2024 the ZIA UL ULOOM had 8 surplus of £68,26912022.23 £6,851). The charitys financial position strengthened over last year as trustees and management relained their commitment over the scnJtiny of costs and careful selection of focused woiects. Prlncipal fundlno source The majority of funds arg ralsed through grant a01cati. an area that th& trustees arg koen to develw further. 8asures In lace The trustees have pul in place key outcomes and outputs for vA)ich funds are to bè used. All the funds are u¥ed lo lurther the charity's obcts. Flnanclal manaaement poll¢y The financi81 managemonl is managgd by the tN519os and staff who en8ure that lh8 charhy adheres lo Its flnanclal pollcy and Pr18$. Approv•d by the tru•18 on 22nd F•bru•ry 2025 and gn•d on th•lr b•halfr. Qarl Mohammad A•hraf SIALVI {ChalmMnl Page 6
Inde gndent e ZIA UL ULOOM mlne ort Tnte•S of I rgW( on tha accourts ofth8 charity forthe Jpar erKled 30th Awil 2024, vthlch are 801 tyJt on page$ 9 to14. Respactive res[sIbIla8 of trustee8 arKI exOrnr The charity's tru8ts8s are re8pon8lble for the Weparati of the acc(wnt8. Tho ch8rlty8 tfU8to88 conslder that an audit 1$ t required under sSon 144121 of th8 Charits8 PJA 2011 (the 2011 Act) and that 8n independent examination 15 ngeded. It 1$ my r88r)n8lbllty. a) Examlna the accounts (undor 8adon 145 01th8 2011 b) To folh)w the pro¢edure8 lald dovm In the Generd Dirocl1o by Iho Charlty Commlssloner¥ lunder $8¢tlon 14515Xb) ol thè 2011 Act): c) To State whathfjr partlcular mattern ha Lyxno lo my ndents xamln My examination was carried out in accordance wtth tho Gwwal DlroctionB gr4wn by Ch9rlty Commi881oner8. An examlnation Includes 8 rev1 of th8 accntIng rrdS kapt by the chartty and a compart¥on of thè accounts presented wlth those rncord8. It also includ81 con8lderatlon of any unusual items or dlsciosur98 In the amnts, 8rn188gklng explanatl¢)n8 from you 98 tru8tses concamlng any suth matters. The wcLYdures un(lertaken do not provide all tho gvldenc8 that W•uld be rewired In an aLKIIt. aTrJ consequenly I do not 8xpr888 an 8udtt oplnlcffl on th8 v16w glv•n by the Mnts. Ind In Gonne¢tlon wlth my frxamlngfjon. rKJ matter h88 Como to my altantm. 111 Whlch glv88 ma rg88onable w8e to bo11ov8 that In ony m8tsrid resp the raqulrements: a) lo keep accountlng rgoord8 In acconlanee wllh 8eLdon 140 of tha 2011 knt.. and b} to prepare gc¢ounts whl¢h accord vAlh the attountSng rK(d8 and CoMY tha occounllng r•quIreMts ofth• 2011 Acl not boon nt', ¢Y {2) To whlch. In my OF4nlon, attonlim 6trthld be drawryi In der to enable a prop•r Und¥¢adIng ofthe accounts lo be reatt. S M Q Accountancy #nd Management Consultarry Ltd Crown House-sulte 702, North ClrvJlw RoJ, London NW10 7PN Dats: 22nd F•bru•ry 2025 P407
ZIA UL ULOOM Statement of financlal actlvltles for the YIE 30 ril .2024 Total •d 2023124 Total 2022123 Unrestrl¢ted R•strl INCOMIN RESOURC Grants and Logacles: Donations Others Total Incomlng Rè¥ourco3 65.694 65,694 74.676 88,194 8.194 RE Costs of generating funds.. 7.300 12,020 Charftsble actlvitles: 8,427 8,427 51,400 Govemance costs.. 4.198 4,198 4,405 PEN 19,925 19,92S 67.825 NET INCOMINGIIOUTGOINGI RESOURCES 68.269 68.269 6,851 Total fund• brought farw•fd 18,848 154.641 147,790 TOTAL FUNDS CARRIED FORWARD 87.117 222,910 154,641 Pw8
ZIA UL ULOOM BALANCE SHEET 30 2023124 2022123 TANG18LE FIXED ASSETS L8nd Buikling 350,1MX) 350,000 141000 491 000 CURRENT ASSETS Debtors Cash at bank al In hKI 15,832 CURRENT LIABiullE8 CreditS NET CURRENT A83ETS 352.$41 265.090 352.191 336.3S9 Total CuTh•nt A•••t• l••• Curr•Tht Ll•bllltl 222,910 154,841 RESERVE8 Income and EXp8ndIt 8cc¢yJnt 222,910 154,841 M•mborn' Fund8 222,910 154.641 These accounts have be8n dolivered In accordarth ¥Ath t apICable lo ¢ompanl88 suW8ct to Sm1 Compa08 r•glmè. For the yoar ending 30A)412024 th8 company was enthl8d to ex from gudll undgr sectlon 477121 of Companiw 2(M)6. The members h8v• not required the company to ¢Aaln an audll In wllh 80Ctlon 476 of the Ccrfnpanl88 Act 2(K6. The dlrectOf$ 8cknowl8dge thdr r08pMslblllty for ccthptylng vAth tt requlr8ments of the Companigs A 2CW wlth f8$F to acctsJnUryJ recd* th• wapar9ll¢ ol oe&ounts. Qarf Mohammad A•hraf SIALVI {ChalmMnl Approved by the board ¢)n 22nd F•bNary 2025
ZIA UL LOOM Not88 to the Flnanclal Ststements For tho YIE 30 Aprll .2024 ndn Ba815 of pr•parfng thg flnanclal •tat•m•nts The financial statements of the charty, vthich 15 a Wle benefit enuty under FRS 102, have been propared In aCrdance vAth the Charltigs SORP IFRS 102)'Ac¢ounling arKI Rowttng by Charitses: Slatom&tt of ReComM8nd Praclke aOlcai48 to ch8rft188 Fryjaring Iheir xcounts In acGordaf wtth tha Flnanclal Reporting StsrKlard appllcoble In tho UK and R•wtAic of Irdand IFRS 102) leffectlve 1 Jonuary 20151,, Flnandal Repryung Standard 102 Th• Finand•l Roportlng Standard gppllc8t48 In the UK and Republlc ofiraland. and the Charfitigs Act 2011. Thg flnarKtal 8talenwts hava bean prepared under tha hlstorical cost convenuon. Thg charity has lakgn advantage of th8 folknr disclcwrg exompb'on$ in preparing ttrse financtal 8talements, as pennltted by FRS 102 Tr Fln8rthl Rwrung Stsndwd applicable in thg UK and Republ1¢ oflreland.: tho reqLtlrements of Section 7 Statement of Cash Flo. the requlfftmenl ol Sectlon 3 Financial Stslemenl Pr85enlalion paragraph 3.17ld}.' tho requirements ol Sedon 11 Financial In5trumonts par8gr8rts 11.41lb). 11.41lcl, 11.41{0}, 11.41{fj, 11.42, 11.44, 11.45, 11.47, 11.481aMIII). 11.48(aXlv). 11.48lbl and 11.48lc}'. the roqulrsm8nts ol Sectlon 12 Olhor Fin101 Instrnts p8r8grath 12.26, 12.27, 12.29lal, 12.29 {bl and 12.29A.' the r¢qulremonl of se1 33 Rdated Party Dittclosurn paragraph 33.7. Crltl¢•l •ccountlng Judg•m•nt• and k•y wircM ot e•tlm•tlon un¢•rtalnty Therg no 8lgnltrl¢gnt estlm8te8 having 8 material offfjct the ftnandal Jtstements. In•om• All income18 reeognls8d In the Statement of Flnanclal Aelimbes oncg thè chanty hBs 8nts'llgmenl to the fund$. tt18 probabl8 that the IoM0 wtll be TgCOlved and Ihe OUnt can m•88ur•d rdiably. Donitlonl This compris88 all incoming rasouffjes from donayons, grants of general naturn IXty#lded by othor chadlablo foundallons which 8re not condibonal on dellverfng certaln levels of volumgs of a 8eNlce or Supply ol charftablo goods and Incom• from fvndrai8iTrJ parkners on ba$18 of that whlch IB remltted lo ZIA UL ULOOM In tho Unltod KInrn. Expendlture LlabllSties 8rg recognised 88 èxperKliture as os trre Is a IW or I>truth¥ obligatson cotnmltting the charity to that PendIture, Is probable that a trarf8r of eeonomlc benèffts rfll be rerylred In 88ttlement and t amount of the obligatlon can m9asured rellabty. Expwwjtture is accounted for on an 8ccruat8 ba818 gnd has bean Classif urKler headlngs that aggregate 811 c08t re19ted lo tha category. Wh8r• costs cannot bg dlreclly attributsd to parbcular hewjlry thoy have been allocalod to aGtI95 on a ba81¥ consl8t8nt u89 of reBour¢os. Grants offored subject lo coTrJitiorts whlch havg rx)t been met at the year eThJ date are noted as commltment but r¥)t acrnied • exp*MJiturg. p10
Raislng fund¥ Raising funds includes all exp8ndlhJre intufred by th8 charity to ra18e lunds for its ch8rilaEAe pury>oses and includaB Costs of all fundr818lng ac18, events and rl-charItabl¢ trading. Charttable activltl•s Charllable expenditure comwtses Ihose costs IrUrr0d ty tho dwity in th8 d8ll¥wy of ils activitbes and them. s8CeS for its benelkiari88. tt indudes both costs that Gan b8 allocated directy to such advrtles ond Ihose c08ts of an indlrect nare n8ce6W to 8UFWt Govemanc• ¢ost8 Govarnance costs include those incurred ir7 the govemance of the Charity and its assets and are prlmarlly associated wlth m89tirvJ th8 C(wtststnal and statOry rnqulrements d tho Chty. AllotIOn and apportlonmont of eo•t• Support costs include Central functiS and have b8en 811(xat&J lo acliwty cost Categories usage. on a basis conslstelll with the use of rgsouTC8S, fr)r example. alkcalion property costs by flotsr areas, or per capitsl. stèff ¢08ts by lh8 time 8Fnt and otsr Gosts by th6lr Tanglble Ilx•d •#ut• Fixed assèts are included al cost. Iteff are pitaliSed Sf th84f ¢OSt or, rf gifted their donated value, is ov$r £1,IXK). DeprlatiOn18 provkled on tanglble flxed assets 80 88 to wrtte off the ¢OSt or valuatlon. 1888 any 8$llmate(I re8ldu81 value, over th8ir oxpbcted u8eful •¢wMIC lrfe a$ fdlows: Offke equlpmenl 25% strai•ht Iln8 bas T•x•tkn The charfly18 •xempl frlyn lax on Its char1tO actlvltlas. Fund Unrestricted funds can be used in acoydance wllh the Ctrwttale obJ8¢tlv88 at the di8cretion of thè Iru8teg8. Re8trlcted fund• can orty r8strlcled wrpD888 vAthln the obJ8(ts of the charity. Re8lrfdons arf80 when $p8dfi8d by the dOri fund8 are ra18eAd for paruwlw restslthl purposes. Further explanation of th8 naluro wrpo88 ol each furKI18 Includod in notès to the flnanclal 81alements. Golng Co•M Th8 Bo8rd of Trustees havg TeWed the Charty# ftnanc181 reqLFlrem8nts for a pèrfod of 12 months followlng th• date of aPPToval of these accounts and are Mtisffiod that there are rK> materf81 uncertalntlo8 about the ch8rfVs ablllty lo contlnue,th•r•fry• Itk ChorfV8 tlll operate At a (xxittnufAI adequate18val of BuluS In the futur•. Flnanclal Instrum8nt¥ The ¢h8Niy only has flnandal ess81s arKI flnanclal Ilabllillos of a khj that qu8lNy as b881¢ fina181 In8truments. Ba810 fln8nclal 1rnl1um1J are initi4ly r•cogi¥sed at trarwctSon v8Fu•. Dopr•¢latlon D9preclatlon has bagn prOded at the follorj Tat88 In to wrfta off Ih 888els over Ihdr estlmated useful IN8$. Land and Bulldlngs apportioned on the basis of at 70% laThl arKI 30% Bulldlng. Buildlng element depreclated ovèr 2% p.a ovw a pth of 50 yews. Fixtures&FrttOng1Snc.Computets) Plant and ma¢hinery Motor vehlde8 25% on ccot 25% on cost 25% on cost Pwa 11
ZIA UL ULOOM 2. Incoml urc08 2023124 2022123 Donation Building Project Donations 65,694 22,$00 51.676 23,000 88.194 74.676 ZIA L ULOOM 2023124 2022123 Donallon Funrai8ing Cost Busin8ss Rates Insurance Satff Salary Professional Fee 8uilding Purchase Repair and M8lnl Utility Cost Bank Charges AccounlanGy Deproallon 1.400 1,060 1,411 1,350 1.629 7,300 4,779 so,000 3,418 1,816 191 750 3,000 67,825 500 5.448 348 300 3.000 19,87S Page 12
IAUL Notes to tho Flnanclal Stat•monts For tha YIE 30 Aprll .2024 Total Openlru Bdance as at 01 May )23 1.0(1 350.IJ)0 gJO.(KKI Addltlon DIspo881 Closlng Baler1 88 at 30 Aprtl'2024 150,0(M) 350,( 500.000 Openlng Balancé 0$ al 01 May'2023 Ch8rgeJ for tho Year 3,000 DI8POgal C1061ng Balance 88 at 30 Aprfl '2024 12.oc 12,000 N•t book valu• 138.000 350,000 488,000 P4•13
UL ULOOM Notos to the Flnanclal Statsm?nts For th8 YIE 30 Aprll .2024 amounts falllng du• wlthln on• y•ar Accountw Fea Bulldlng Deprec4allon 2023124 2012123 2,191 350,CQO 349,241 £352 541 £352.191 W8g86 #nd Sal8rf88 PAYE 7.300 18.158 P4• 14