Charity Regiytralion Number: 1134963 AL-MADANI EDUCATIONAL TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 21)2S AL-MADANI EDUCATIONAI. TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS For the year I September 2024 to 31 August 2025 CONTENTS Page Reference and Administrative Infonnation Tru8tees Annual Report 3to4 Independent Auditor's Report Consolidated Statement of Financial Activities Consolidated Balance Sheet Notes to the Financial Siatemcnt5 8t012 AL-MADANI EDUCATIONAL TRUST TRUSTEES'ANNUAL REPORT For the year I September 2024 to 31 August 2025 Reference and Admini8trative Inforniation Charity nupnber.. 1134963 Registered Off￿e and Operational Address.. 18 Painswick Road, Gloucester, GL4 6PW Independenl Examiner H.A. Bhul4 5 Howard Street, Glou¢estcr. GLI 4UR Bankers Lloyds, Eastgate StreeL Gloucester. GLI INU Barclays, Southgate Street. Gloucester. GLI INU Trustees The Trustees serving during ihe year and since thc year end were &s follows: Mr Y Patel MT A Randera MT A S Pdtel MT A Patel Mr A A Patel Mr I Surty AL-MADANI EDUCATIONAL TRUST TRUSTEES'ANNUAL REPORT (continued) For the year I September 2024 to 31 August 2025 The Board of Trustees have pleasure in presenting The Annual Report and unaudited Financial Statements of the charity for the year ended 31 August 2025. Legal Status and Governance Al-madani Educational "frust is a registered as a charity with the Charity Comlnission. The T￿￿eeS arc required to act in the best interest of the ch(￿lty and its beneficiaries. Training and infornlation provided includes advice atK)ut the role of Trustees and Charity law. The Trustees make no personal gain from the Charitable Company. Objectlves of the eharity The objectives of ihe Lharity are to Provide help and support for the Muslim Community in Gloucestershire, by the provision of services not otherwise provided by the statutory bodies. Income is applied wlely towards ihe promotion of the objectives, and no portion shall be paid or transferred directly or indirecily by way of a bonus or profit to the members. Organisational Structhre The Trustees are elected for a tern of three years in accordance with the constitution. Financial Controls The TTUStees have overall control of the organisation's finances. Th¢ daily management of the orbFaIiisation's activities Is delegated to the Executive Committee. Investment powers and restrictions There are no restrictions as lo where funds may be investcd. but policy must be agreed by the Trustees and the Management Committee. Risk Management The Trustecs review these risks on an ongoing b&8is and satisfy themselves that adequate systems and procedures are in place to manage the risks identified. Where appropriate, risks are covered by the organisations. insurance. The followkng framcwork is central to ensuring adequate risk maT]agement: Regyular moniloring of major risks and developrnenl of action plans; Embedding Tisk identification and assessment within operating procedures; A clear structure of delegated authority and control. Review of key systems and procedures. In assessing risk Trustees recognise that some areas of our work require the acceptance and management of risk if our key objectives are to be achieved. AL-MADANI EDUCATIONAL TRUST TRUSTEES'ANNUAL REPORT (continued) For the year I September 2024 to 31 August 2025 Financial Review Reservo8 Policy The Board has set a Reserve of Restricted Funds equivalent to at le&8t three-months operating costs. The reserves of £360,688 {2024 £317.238) do mcet this criterion. The Trnstees are of the opinion that they have guarantees of supporters to fund the n)I￿Ang costs should they be needed. Prineipal Funding Sources Of the £813,014 income for the year 280/0 came from restricted grants. 57 % from school fees and 150/0 from fundraising activities, donations and other sundry incom¢. More detail about income for the year and the Charity's financial position at the end of the yeaT are shown in the Financial Statements on pages 6 to 7. Principal Expenditure Ilems Staff costs were £574,593 fonning 74 /0 of expenditure. Property related costs amounted to 6010 of the expenditure. The valuable lime given by unpaid volullteeTS, including Trustees, is not quantified and not included in this figurc. Th¢ surplus for the year before gains on investments amounted to £43,450. (2024 £83,020). Responsibilitie5 of the Board of Tru.stees The Board of Trustees are required lo prepare Financial Statements for each financial year that give a true and fair view of the of the charitable company as al the balance sheet date and of its incoming resources and application of resources, including income and expenditure. for the financial year. In preparing those Financial Statements the Trustees are required to: Select suitable accounting policies and then apply them consistently Make judgements and estimates that are reasonable and prudent State whether the applicable accounting slandards have been followed, subject to any material departures disclosed and explained in the financtal accounts Prepare the Financial Stalements on the 'going concern basis unless it is inappropriate to presume that the company will continue in business The trustets are responsible for k¢¢ping PToper accounting re￿rdS which disclose with reasonable accuracy &t any time the financial position of the charity and to enable them to ensure that the financial accounts Comply with the Charities Act 2011. They are also rcsponsible for safeguarding the assets ofthe Lompany and hencc for taking reasonable steps for the prevention and detection of fraud and oiher irre8ularities. This report has bcen prepared in accordance with the above principles in mind. oved b the Board of Trustees on and signed on its bchalf by: Mr Y Patel Chainnanrfrnstee AL-MADANI EDUCA TIONAL TRUST REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES I report on the accounts of the Tnjst for the year ended 31 August 2025, which are set out on pages 6 to 12. Respective responsibililies of trustees and examiner As the charity's trusiees you are responsible for the preparation of the accounts" you consider that an audit is not requir¢d for this year under section 144 of the Charities AGt 2011("the Charitics A¢t") and that an independent examination is needed. It is my responsibility Éo examine the accounts under section 145 of the Charitiex Act, to follow procedur¢s laid down in the general Directions given by the Charity Commission (under section 145{5)(b) of the Charities Acl and to state whether matters have come to my attenlion. Basis of independent examiners reporl My examination was carried out in accordance with the General Directions given by the Charity CommissiorAers. An examination includes a review of the accounting record8 kept by Ihe Trust and a comparison of th¢ accounts presented with those records. It also includes the consideration of any unusual items or disc108ure5 in the accounts and secking explanations from you as trustee5 concerning any such matters. The procedures undertaken do not provide all the evidencc that would be required in an tiudiL and consequently I do not express an audit opinion on the accounts. Independent examiners report In connection with our examtnation. no material matler has come to my attention which gives mc cause to believe that in any n￿terIa] respect: The accounting records were kept in accordance with s￿tion 130 of the Charilies The accounts did not accord with the accounting records. or 'rhe accounts did not comply with the applicable requirements concerning the forni and content of Accounts set out in the Charilies (Accounts and Reports) Regulations 2008 other than any requirernent that the accounts give a 'trne and laii 'view which is not a mdtter considcred as part of an independent examination. I have come across no other matters in connection with the examination to which attcntion should be drawn in this report in order to enable a proper understanding of the accounts to be reached. IULA (FCCA) Chartered Certified Accountant 5 Howard Street Gloucester. GLI 4UR 30 June 2026 AL-MADANI EDUCATIONAL TRUST STATEMEiYf OF FINANCIAL ACTIVITIES ONCORPORATING AN INCOME AND FXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUCUST 2025 TOTAL FUNDS 2025 UNRFSTRICTED RESTRICTED FUNDS FUNDS TOTAL FUNDS 2024 Note INCOMING RESOURCES Incoming resourcesfrom ¥enerated funds Voluntary Income Activlties for generating funds Investment Income 32.533 539,166 571.699 533,763 9.360 9,360 12.434 Incoming r￿Q￿r¢eSSro￿ charitable aclivilies 231,955 231.955 219,256 TOTAL INCOMING RESOURCES 41,893 771,121 813,014 765,453 RESOURCES EXPENDED Cost ofgenerolinRfunds Fundraising and trading CharitableActivilies 769,564 769,564 682.433 Governance costs TOTAL RESOIJRCES EXPENDED 769J64 769,564 682,433 Net movement in funds 41,893 1,527 43,450 83,020 Transfer between funds Reeonciliation of funds Total funds brought fonvard 214,166 103.072 317,238 234.218 Total thnds carried forward 256,059 104,629 360,688 317,238 Th¢ Charity has no recognised gains or losses other than the results for the yeat as set out abovc. All the activities of the Charity are classed as continuing. The notes on pages 8 10 12 forn an integral part of these financial statements AL-MADANI EDUCATIONAL TRUST CONSOLIDATED BALANCE SHEET AS AT 31 AUGUST 2025 Charity 2025 Charity 2024 Note FIXED ASSETS Tangible assets CURRENT ASSETS Debtors and prepayments Cash at bank and in hand 27,931 338,007 365,938 27,116 303,065 331),181 LJABILITIES Creditors: amourLts due within onc year NET CURRENT ASSETS 360,688 317,238 T A.SSETS 360 688 317 238 Financed by: ACCUMULATED FUNDS Unrestricfrd Restricted 256,059 104,629 214.166 103,072 TOTAL CHARITY FUNDS 360,688 317,238 These Financial Statements were approved by the Board of Trustees on 30th June 2026 and were signed on its behalf by: Mr Y Patel Chaimianrfrnstee The nates on pages 8 to 12 forni an integral part of these financial statements AL-MADANI EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS I-ACCOUNTING POLICIES The principal accounting policies, all of which have been applied consistenily throughout the year, are set out below.. #) Basis of accounting The financial statements have been prepared in accordance with the Charities SORP (FRSSE) Accounting and Reporiing by Charilies: Statement of Recommended Practice applicabl¢ to charilies preparing their accoullts in accordance with the Financial Rep)rting Standard for Smaller Entities (the FRSSE) the Financial Reporting Slandard for Smaller Entities. Assets and liabilities are initially recognised at historical cost or transaction value unless othenvise slated in the Televant accounting policy note(s). b) Funds accounting Funds held by the Charity are.. Unrestricted funds these are general funds that are available for use at the Trustees, discretion in fijrtherance of the objectives of the Charity. Restricted funds - these are ft]nds that can only be used for restricted purposes within the objects of the Charily. Restrictions arise when specified by the donor or when funds are raised for restricted purpos¢s. Further explanation of the nature and purpose of each fund is included in note 14 to the Financial Statements. Ineoming resources Voluntary income including donations and grants that provide Core funding or are of a general nalure is recogni5ed where Ihere is entitlement, certainty of receipt and the amount ¢an be measured with sufficient reliabilily. Incoming resources from tax Claims are included in the statement of financial activities at the same time as the gift to which they relate. Investment income 18 recognis¢d when receivable. Income frotn charitable activities includes some recogniscd as earned (as the related goods or senrices ar¢ provided) under contract. d) Resourees expended Resources expended are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accrual basis and has been classified under headings thal aggregate all costs related to the calegory. Costs of generaling funds are the costs of trading for ￿ndraISing PUTposes. AL-MADANI EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) I-ACCOUNTING POLICIES-(eontinued) d) Rcsourees expended (Continued) Charitable expenditure comprises those costs that are incU￿ed by the charity in the delivery of ils activities and services for its beneficiarie5. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Support costs include central functions and havc been allocated to activity costs categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capity staff costs by the time spenl and other costs by their useage. CJovernance costs include those incurred in the governan¢¢ of its assets and are primarily associat¢d with constitutional and statutory requirements. Donated goods and volunteer senTices The Charity has not received any goods for use by the Charily itself. The value of services provided by volunteers is not incorporated into these Fitw)cial Siatements. Taxation Al Madani is a registered Charity under the Charities Act 2011 and as such is exempt from taxation of its income and capital gains. Tax recovered from voluntary In￿rne reccived under gift aid is recognised when the lax refund is received and is allocated to the income category to which the income relates. g) Pension The Trust makes contributions to the NEST pension schemes of eligible employees. This is a defined contribution scheme. A defined contribution plan is a pension plan under which fixed contrlbutions are paid into a pension fimd and the Trust has no legal or constructive obltgation to pay further contributions even if the fund does not hold sufficient assets to pay all employees thc bcnefits relating lo employee service in the Current and Prior p¢riods, Contribulions to dcfined contribution plans are recognised as en]ployee benefit expense when they are due. If ¢ontribution paymenls exceed the contribution due for service, the excess is recognised as a prepayment. Pension costs are allocated to activities in proportion to the related staffing costs incurred and are wholly chargcd to unrestrictcd funds. AL-MADANI EDUCATIONAL TRIJST NOTES TO THE FINANCIAL STATEMEiYfs (eontinued) 2-VOLUNTARY INCOME Voluniary income for the year falls into the following categories. UNRESTRICTED FUNDS RESTRICTED FUNDS TOTAL IJNDS 2023 TOTAL FiINDS 2024 Fees -Al-Ashraf Secondary -Al-Ashraf Primary -Al-Ashraf Nursery Gifi Aid1￿ reclaimed -Al-Ashraf Secondary -Al-Ashraf Primary -Al-Ashraf NUr￿ry Appeals andDonaithns -Al-Ashraf Secondary -Al-Ashraf Primary -Al-Ashraf Nursery 206,887 21J6,887 203264 258,098 258,098 248,684 1.027 1,027 3,672 74,181 74,181 43,966 31,506 34,177 31.506 Total voluntary income 32,533 539,166 571,699 533,763 3-INCOMING RESOURCES FROM CHARITABLE ACTIVITIES UNRESTRICTED RESTRicfED TOTAL FUNDS FUNDS FUNDS 2025 TOTAL FUNDS 2024 LfjcaIA￿hQrity Grants -Al_Ashraf Primary -Al-Ashraf Nursery 30,246 30,246 26,032 198,242 198242 192?24 her FundRaising andjundry income -Al_Ashraf Secondary -Al-Ashraf Primary -Al-Ashraf Nursery 3,467 3,467 900 Totsl incoming resourees 231,9$5 231,955 219,256 io AL-MADANI EDUCATIONAL TRUST IYOTES TO THE FINANCIAL STATEl￿ENTs (Continued) 4-COST OF CHAIUT ABLE ACTIVITIES The amount spent on charitable activities including support cosls is analysed between Services and projects, as follows: Secondary Primary NllTs¢ry School School School Total 2025 Total 21124 Unrestricted Restrieted Direct costs Ewnployment costs Property related costs 193.068 21,583 274.170 13.781 107,355 9,122 574,593 44,486 574,593 44,486 495,969 50.460 Repair5 and maintenancc Training, Artivities& Equipt Telephone and IT Insurance 17,554 14,028 8.901 21,251 5,315 1.389 31,770 36,668 31,770 36.668 29.479 28,976 2,995 6,798 57 862 762 4.208 3014 11,868 3.814 3,402 10,619 Subscription and Exam Fees Staiion¢ry and Books Postage, Printing and Advertising Sundries and Cleaning 13,656 11,760 5,625 284 19,281 16,617 19,281 16.617 8,710 21?61 4.573 1.237 15,371 937 10,190 2,174 28293 2,174 28293 3,475 30,162 2,732 298.050 336,058 13S456 769,564 769,564 682,433 >GOVERNANCE COSTS lThe governance costs consisted of thc followin8 direct and indirect costs: 2025 2024 Legdl and professional fees Management salary cost 6-STAFF COSTS 2025 2024 Total emoluments paid to employees: Wages & Salaries Social Security _ employers Pension 535.258 459,430 31.153 26.253 8,182 10,286 574,593 495,969 No employe¢ eamed £60,000 or more in the current or prec¢ding accounting year. Trustees are not remunerated. Average number of equivalent full-time employee5 26 23 AL-MADANI EDUCATIONAL TRUST IYOTES TO THF FINANCIAL STATEMENTS (continued) 7-DEBTORS 2025 23.284 2024 23,264 Other debtors Prepayments and accrued income 8-CREDrroRS AND ACCRUALS: amounts falling due within l year 2025 2024 Other creditors ACcn￿lS 8,473 5.250 9-CONSOLIDATED STATEMENT OF FUNDS I September 2024 Transfer Incoming Outgoing between nds 31 August 2025 RESTRICTED FUNDS Al-Ashraf Secondary Al-Ashraf Primary Al-Ashraf Nursery 35.381 284,535 298.050 288,344 336,058 47,714 198,242 135,456 (47,714) 21.866 67,691 82,763 TOTAL 103,072 771,121 769,564 104,629 UNRESTRICTED FUNDS General Fund 214,166 41,893 256,059 TOTAL FUNDS 317 238 813 014 769 564 IIPCONTINGENT LIABILITIES On 31 August 2025 Al-madani Educational Trust had no known contingent liabilities. 11-CAPITAL COMMITMFNTS 2025 2024 Capital expenditure that has been contracted for but has not been provided for in the Financial Statements NIL NIL Capital expenditure that hds been authori8ed by the Trustees but has not becn contracted for NIL NIL 12