||||Page||
|---|---|---|---|---|
|Reference and Administrative
Details|||||
|Report ofthe Trustees||2|to|9|
|Report ofthe Independent
Auditors||10|to|12|
|Statement of Financial|Activities||13||
|Statement ofFinancial|Position|14|to|15|
|Statement of Cash Flows|||16||
|Notes to the Statement|ofCash Flows||17||
|Notes to the Financial|Statements|18|to|25|
|Trustees|||Mr S H Bukhari (resigned 30.6.21)|Mr S H Bukhari (resigned 30.6.21)|
|---|---|---|---|---|
||||Mr M A Rasul (resigned 30.6.21)||
||||Dr H Shrouti||
||||Mr M A Siddiq||
||||Mr R M Akeel (appointed 1.07.2021)||
||||Mr M Y Ali (appointed 1.07.2021)||
|Company|secretary||Mr K Meah||
|Registered|office||Felicity House||
||||Northdale
Road||
||||Liverpool||
||||L154HT||
|Registered|company|number|05421849||
|Registered|charity number||1134323||
|Auditors|||Riley Moss Audit LLP (Statutory|Auditor)|
||||Riley House||
||||183-185North Road||
||||Preston||
||||Lancashire||
||||PR1 1YQ||
##
##
##
|Strategic report|Strategic report|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Achievement|and|performance||||||||||||
|Courses||||||||||||||
|Name||Micro-Madrasa||||||||||||
|||A weekend
school of Islamic literacy that aims to impart orthodox|||||||||and holistic|||
|||teachings
at a rudimentary||level over the course ofthree years. For more||||||||info,||
|Description||please visit: http: //www.|greensvilletrust.
org/micromadrasa/|||||||||||
|First took place||2007||||||||||||
|Locations||Liverpool (Saturday)
&|Huddersfield
(Sunday)|||||||||||
|Dates||September
to May||||||||||||
|Target Audience||Adults||||||||||||
|Numbers||250-300 students
(over|the|two locations)|in one academic|||year||||||
|||Students
come from mainly||the north,
but|we|have a|few students||||that come from|||
|||the midlands
and down|south. Students
come from different||||||ethnicities
and|||||
|||backgrounds.
They include||professionals,|students,
self-employed,||||||unemployed,|||
|Other||etc.||||||||||||
|||Due to Covid outbreak|and|the associated|restrictions||starting|||in March 2020,||||
|Notes||these classes were moved||online for part|ofthe year.|||||||||
|Name||Arabic Madrasa||||||||||||
|||A part-time
evening course||where students|can learn||to read,|||write and converse||||
|Description||in the Arabic language.||||||||||||
|First took place||September 2015||||||||||||
|Locations||Liverpool (Mondays
& Fridays),
Huddersfield||||(Sundays)||||||||
|Dates||September
to May||||||||||||
|Target Audience||Adults||||||||||||
|Numbers||15-20students||||||||||||
|||Students
come from the north,
typically
from||||Merseyside,||Greater|||Manchester,|||
|Other||Lancashire
&Yorkshire.||||||||||||
|||Due to Covid outbreak|and|the associated|restrictions||starting|||in March 2020,||||
|Notes||these classes were moved||online for part|ofthe year.|||||||||
|Name||Rawda (After School)||||||||||||
|||An after-school
provision
where children
learn to read the||||||Quran,|||write and|||
|||converse
in the Arabic|language,
learn basic|||Jurisprudence|||(Fiqh), Calligraphy||||and|
|Description||Prophetic sports.||||||||||||
|First took place||September 2017||||||||||||
|Locations||Liverpool (Monday - Friday||16.30-18.30)||||||||||
|Dates||September
to July||||||||||||
|Target Audience||Children
aged 7+||||||||||||
|||Each class has a maximum||of15students.|4|classes|in total||(57||students|||
|Numbers||2020-21).||||||||||||
|Other||Students
come from Liverpool,
Wirral and|||Warrington.|||||||||
|||Due to Covid outbreak|and|the associated|restrictions||starting|||in March 2020,||||
|Notes||these classes were moved||online for part|ofthe year.|||||||||
|Name||Essentials of Islam||||||||||||
|||A course designed
for young adults to learn the fundamentals||||||||oftheir religion as it||||
|Description||relates to their Beliefs,|Islamic law, the Prophetic
life||||story|and etiquettes||||before||
|||the Divine. The course|also|runs online.||||||||||
|First took place||October 2018||||||||||||
|Locations||Saturday
Bradford: 10:30to 12:30||||||||||||
|||Sunday
Liverpool: 10:30to||12:30||||||||||
|Dates||October to July||||||||||||
|Target Audience||18+||||||||||||
|Numbers||Circa 150students||||||||||||
##
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##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|f||||
|Income and endowments||from||||||
|Donations
and legacies|||2|3,421,363||3,421,363|632,461|
|Other charitable
activities|||3|402,097||402,097|444,341|
|Investment|income||4|24,353||24,353|25,724|
|Total||||3,847,813||3,847,813|1,102,526|
|Expenditure|on|||||||
|Charitable|activities|||||||
|Governance|costs|||||||
|Charitable
activities||||678,313|12,546|690,859|621,014|
|Total||||678,313|12,546|690,859|621,014|
|NET INCOME/(EXPENDITURE)||||3,169,500|(12,546)|3,156,954|481,512|
|Reconciliation
offunds||||||||
|Total funds|brought forward|||1,457,130|538,872|1,996,002|1,514,490|
|Total funds|carried forward|||4,626,630|526,326|5,152,956|1,996,002|
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
||Notes||6|6|||
|Fixed assets|||||||
|Tangible assets||10|32,481|526,326|558,807|566,268|
|Investments|||||||
|Investments||11|200||200|200|
|Investment
property||12|411,605||411,605|411,605|
||||444,286|526,326|970,612|978,073|
|Current assets|||||||
|Debtors||13|411,158||411,158|118,583|
|Cash at bank|||5,233,592||5,233,592|985,965|
||||5,644,750||5,644,750|1,104,548|
|Creditors|||||||
|Amounts
falling due within|one year|14|(892,406)||(892,406)|(86,619)|
|Net current assets|||4,752,344||4,752,344|1,017,929|
|Total assets less current|liabilities||5,196,630|526,326|5,722,956|1,996,002|
|Creditors|||||||
|Amounts
fafiing due after|more than one year|15|(570,000)||(570,000)||
|NET ASSETS|||4,626,630|526,326|5,152,956|1,996,002|
|Funds||17|||||
|Unrestricted
funds|||||4,626,630|1,457,130|
|Restricted
funds|||||526,326|538,872|
|Total funds|||||5,152,956|1,996,002|
||Notes|2021
6|2020
f|
|---|---|---|---|
|Cash flows from operating
activities
Cash generated
from operations|1|2,892,274|526,500|
|Net cash provided
by operating
activities||2,892,271|526,500|
|Cash flows from investing
activities||||
|Purchase cftangible
fixed assets||(15,000)||
|Purchase cfinvestment
property|||(411,605)|
|Interest received||353|1,724|
|Net cash used
in investing
activities||~)4,647)|~499,881)|
|Cash flows from financing
activities||||
|New loans
in year||1,370,000||
|Net cash provided
by financing
activities||1,370,000||
|Change
in cash and cash equivalents
in the reporting
period||4,247,627|116,619|
|Cash and cash equivalents
at the||||
|beginning
ofthe reporting
period||985,965|869,346|
|Cash and cash equivalents
at the end
ofthe reporting
period||5,233,592|985,965|
##
|1.|Reconciliation
of net|Reconciliation
of net|Reconciliation
of net|income|to|net cash flow|from operating|from operating|activities|activities||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2021
f.|2020
f|
||Net income for the
Financial Activities)||reporting||period (as per the Statement|||of||3,156,954|481,512|
||Adjustments|for:||||||||||
||Depreciation|charges||||||||22,461|22,198|
||Interest received|||||||||(353)|(1,724)|
||(Increase)/decrease
Increase/(decrease)||in
in|debtors
creditors||||||(292,578)
5,700|26,744
~2,230|
||Net cash provided||by|operations||||||2,892,274|526,500|
|2.|Analysis of|changes||in net funds||||||||
||||||||At 1.5.20
f|||Cash flow
f|At 30.4.21
f|
||Net cash|||||||||||
||Cash at bank||||||985,965|||4,247,627|5,233,592|
||||||||985,965|||4,247,627|5,233,592|
||Debt|||||||||||
||Debts falling|due within||and after||1 year||||r, 370,000)|~1,370,D00|
|||||||||||11,37D, DDO)|~1.370,000)|
||Total||||||985,965|||2,877,627|3,863,592|
##
##
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##
##
##
|Donations
and legacies||||
|---|---|---|---|
|||2021|2020|
|Donations||3,394,218|632,461|
|Grants||27,145||
|||3,421,363|632,461|
|Grants received, included|in the above, are as follows:|||
|||2021|2020|
|||6|8|
|Other grants||27,145||
##
|Other charitable|activities|||
|---|---|---|---|
|||2021|2020|
|Fees, events and|course income|392,156|440,080|
|Sponsorships||9,941|4,261|
|||402,097|444,341|
|4.|Investment|income||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||6|6|
||Income from property
Interest receivable|||24,000
353|24,000
1,724|
|||||24,353|25,724|
|5.|Charitable|activities costs||||
|||||Support||
||||Direct|costs (see||
||||Costs|note 6)|Totals|
|||||6|6|
||Charitable|activities|593,458|97,401|690,859|
|6.|Support|costs|||||
|---|---|---|---|---|---|---|
||||Management|Finance|costs|Totals|
||||6|||6|
||Charitable|activities|68,804|6,964|21,633|97,401|
##
|Management||||
|---|---|---|---|
|||2021|2020|
|||Charitable|Total|
|||activities|activities|
|||K||
|Postage and
Professional|stationery
fees|4,537
33,034|3,519
10,920|
|Cleaning
Depreciation|on tangible asset|8,772
22,461|13,678
22,198|
|||68,804|50,315|
##
##
##
|Support costs
Finance|- continue|d|||
|---|---|---|---|---|
||||2021|2020|
||||Charitable|Total|
||||activities
f|activities
8|
|Rates and water|||950|2,981|
|Insurance|||1,042|1,160|
|Bank charges|||4,972|1,629|
||||6,964|5,770|
|Net income/(expenditure)|||||
|Net income/(expenditure)||is stated alter charging/(crediting):|||
||||2021
6|2020
f|
|Auditors'
remuneration|||7,200|6,600|
|Depreciation
—owned assets|||22,461|22,198|
|Hire ofplant and|machinery||6,242|5,708|
|Other operating|leases||2,520|1,800|
##
##
##
|Staff|costs|||
|---|---|---|---|
|||2021|2020|
||||6|
|Wages|and salaries|191,499|169,345|
|Social|security costs|16,870|13,242|
|Other|pension costs|43,695|4,717|
|||252,064|187,304|
|2021|2020|
|---|---|
|11|9|
##
##
##
##
##
|Tangible fixed assets||||||||
|---|---|---|---|---|---|---|---|
||||Fixtures|||||
||Freehold||and||Motor|Computer||
||property
6||fittings
6||vehicles
6|equipment
6|Totals
6|
|Cost||||||||
|At 1 May 2020|627,310||72,875||22,371|12,383|734,939|
|Additions|||||15,000||15,000|
|At 30 April 2021|627,310||72,875||37,371|12,383|749,939|
|Depreciation||||||||
|At
1 May 2020||75,276|62,070||19,222|12,103|168,671|
|Charge
for year||12,546|2,161||7,474|280|22,461|
|At 30 April 2021||87,822|64,231||26,696|12,383|191,132|
|Net book value||||||||
|At 30 April 2021|539,488||8,644||10,675||558,807|
|At 30 April 2020|552,034||10,805||3,149|280|566,268|
|Fixed asset investments||||||||
||||||||Shares in|
||||||||group|
||||||||undertakings|
||||||||6|
|Market value||||||||
|At
1 May 2020 and 30 April|2021||||||200|
|Net book value||||||||
|At 30 April 2021|||||||200|
|At 30April 2020|||||||200|
|There were no investment|assets|outside the United||Kingdom.|Refer note|18.||
|Investment
property||||||||
|Fair value||||||||
|At 1 May 2020
and 30 April 2021|||||||411,605|
|Net book value||||||||
|At 30April 2021|||||||411,605|
|At 30April 2020|||||||411,605|
|13.|Debtors: amounts|Debtors: amounts|falling due within one year|falling due within one year|falling due within one year||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||||f|6|
||Other debtors||||||338,499|93,465|
||Fees receivable||||||72,659|25,118|
||||||||411,158|118,583|
|14.|Creditors: amounts|||falling due within one year|||||
||||||||2021|2020|
|||||||||6|
||Trade creditors||||||8,998|6,539|
||Socialsecurity
Other creditors|and|other taxes||||4,014
63,238|61,790|
||Loans||||||800,000||
||Wages payable||||||5,356|8,090|
||Accruals and deferred|||income|||10,800|10,200|
||||||||892,406|86,619|
|15.|Creditors: amounts|||falling due after more than one year|||||
||||||||2021|2020|
|||||||||6|
||Loans (see note 16)||||||570,000||
|16.|Loans||||||||
||An analysis ofthe maturity
of||||loans is given below:||||
||||||||2021|2020
f|
||Amounts
falling|due|between||two and five years:||||
||Loans
—2-5years||||||570,000||
|17.|Movement
in funds||||||||
||||||||Net||
||||||||movement|At|
|||||||At 1.5.20
8|in funds|30.4.21
f|
||Unrestricted
funds||||||||
||Unrestricted
fund|||||1,457,130|3,169,500|4,626,630|
||Restricted funds||||||||
||Restricted fund|||||538,872|(12,546)|526,326|
||TOTAL FUNDS|||||1,996,002|3,156,954|5,152,956|
##
|Movement
in funds
-continued|Movement
in funds
-continued|Movement
in funds
-continued||||||
|---|---|---|---|---|---|---|---|
|Net movement
in funds, included|||in the above|are as|follows:|||
||||||Incoming|Resources|Movement|
||||||resources
f|expended
f|in funds
f|
|Unrestricted
funds||||||||
|Unrestricted
fund|||||3,847,813|(678,313)|3,169,500|
|Restricted funds||||||||
|Restricted
fund||||||(12,546)|(12,546)|
|TOTAL FUNDS|||||3.842,813|~690.859)|3,158.954|
|Comparatives
for movement||in|funds|||||
|||||||Net||
|||||||movement|At|
||||||At 1.5.19
f|in funds
f|30.4.20|
|Unrestricted
funds||||||||
|Unrestricted
fund|||||963,072|494,058|1,457,130|
|Restricted funds||||||||
|Restricted
fund|||||551,418|(12,546)|538,872|
|TOTAL FUNDS|||||1,514,490|481,512|1,996,002|
|Comparative
net movement|in|funds, included||in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources
f|expended|in funds
f|
|Unrestricted
funds||||||||
|Unrestricted
fund|||||1,102,526|(608,468)|494,058|
|Restricted funds||||||||
|Restricted fund||||||(12,546)|(12,546)|
|TOTAL FUNDS|||||1,102,526|~62),0)4)|481,512|
##
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##