## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025**
## **FOR**
## **AL QURAN ACADEMY LONDON**
**Tally Lucas Associates Unit 1 Alexander Charles House, Station Passage South Woodford, London, E18 1JL**
## **AL QURAN ACADEMY LONDON**
## **CONTENTS OF THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 JUNE 2025**
|**Report of the Trustees**
**Statement of Financial Activities**
**Balance Sheet**
**Notes to the Financial Statements**
**Independent Examiner's Report**|**Page**|
|---|---|
||**1 to 3**
**4**
**5**
**6 to 7**
**8**|
## **AL QURAN ACADEMY LONDON**
Page 1
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDING 30 JUNE 2025**
The Trustees present their report and financial statements for the year ending 30 June 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' Act 2011.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Charity Registration Number 1135391 **Trustees** Hafiz Munir Uddin Ahmed Chairman Khadija Akhter Rezayee Ahmed Vice Chairman Dr. M. M. Farid A.K.M. Hassan Dr. M. A. Bari Mohammad M Rahman Treasurer Anisur Rahman Abdullahil Mamoon Al-Azemi **Independent Examiner Faizul Hoque FCA, FCCA Tally Lucas Associates Unit 1 Alexander Charles House, Station Passage South Woodford, London**
**Bankers** NatWest 145 Clapham High Street London SW4 7SN Sort Code 60-05-34 Account No. 23637854
Page 2
**AL QURAN ACADEMY LONDON**
## **REPORT OF THE TRUSTEES (contd.)**
## **FOR THE YEAR ENDING 30 JUNE 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing Document**
Al Quran Academy London, is constituted as a Charitable Trust, registered with the Charity Commission on 8
## **Induction and training of new trustees**
New Trustees are given a full induction. Trustees can retire when they wish as they do not serve under a fixed regular basis.
## **Risk management & AML regulations.**
The Trustees are responsible for the management of risks faced by the charity. The Trustees have undertaken a full
This is very small organisation with only 3 staff members and 8 Trustees. The staff members are not any way connected with the finance and management. They are directly supervised by the Chairman, the Trustee
on daily basis and other Trustees bi monthly basis. No payments are made without the knowledge of the Chair who is in constant touch with the Trustee. The Chair, the Vice Chair and the Trustees are only the cheque signatories. Only the Chair and the Treasurer operate the Bank jointly.
The Trustees are satisfied that the major risks identified have been adequately mitigated where necessary. It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately managed.
We do not accept foreign donations or make payments other than the printing cost. Due diligence is observed for all payments and on receipt of invoices. Payments are made only after authorised by the Chair.
## **Principal objectives of the charity**
1. To advancement of the Islamic faith by promoting the teaching, publication and distribution of Quran;
2. To advance education in the Islamic Religion to the students and poor;
3. The relief of poverty throughout the world by supporting humanitarian projects.
## **Activities and achievements: How our activities deliver public benefits.**
Al Quran Academy London aims to advance education in the Islamic faith and strives to achieve this primarily by
Our main mission is to translate in many languages and deliver to many countries in the world. 25 different have been distributed till now. And the Trustees believe that many more languages will be translated and distributed to many other countries.
The Trustees are in the opinion that the limited funds received from donations has achieved its objective to its
## **Going Concern**
The Trust does not have any loans, debentures or future legal commitment. The 2025 account deficit is not usual and most unlikely to recur. There are no 'gearing' issue in the Balance Sheet and has a very good cash reserve. The Trustees are fully and completely believe the Trust will continue to operate in the foreseeable future without any problem.
Page 3
## **AL QURAN ACADEMY LONDON**
**REPORT OF THE TRUSTEES (contd.)**
## **REPORT OF THE TRUSTEES**
## **Statement of Trustees' Responsibilities.**
Charities Act requires the trustees to prepare financial statements for each financial year to give a true and fair
Selected suitable accounting policies and then applied them consistently; Made judgements and estimates that are reasonable and prudent; Stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
Prepared the financial statements on a going concern basis.
The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at
## **Accountants**
The Trustees will be recommending at the next Meeting that the firm of Tally Lucas Associates be reappointed as
BY ORDER OF THE BOARD OF TRUSTEES
M. M. Rahman Trustee (Treasurer)
24-Apr-26
Page 4
**AL QURAN ACADEMY LONDON**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDING 30 JUNE 2025**
|Notes
**Resources received**
**Donations**
**(Restricted)**
1
**RFC Grant**
**HMRC- Gift aid**
--
**Total incoming resources**
**Resources expended**
**Stock held at 30.6.2024 at cost**
**14,140**
**Printing cost**
**198,304**
**Stock held at 30.6.2025 at cost**
**(24,820)**
------------------
**187,624**
**Distribution cost**
**846**
**Salaries & call centre cost**
**66,975**
**Consultancy fees**
**-**
**Special events**
**4,622**
**Publicity and Advertising**
**28,927**
**Rent, insurance & utilities**
**24,326**
**Phone, internet & website**
**929**
**IT, Software & Consumables**
**6,971**
**Repairs and renewals**
**1,518**
**Printing & stationery**
**1,177**
**Bank and finance charges**
**3,083**
**Travel Cost**
**3,619**
**Meeting expenses**
**385**
**Hospitality**
**1,279**
**Office cleaning**
**2,400**
**General Expenses**
**1,178**
**Accountancy & Independent Report**
**540**
**Write off Library cost capitalised before**
**-**
**Depreciation**
**978**
------------------
**Total Resources Expended**
--
**Net (Deficit)/ Surplus**
**Surplus funds brought forward**
--
**Surplus funds carried forward**
**=**|2025
2024
£
£
Restricted
Restricted
**210,248**
**235,629**
**20,870**
**18,750**
**-**
**2,983**
----------------
------------------
**231,119**
**257,362**
**0**
**79,975**
**(14,140)**
------------------
**65,835**
**7,446**
**49,326**
**5,070**
**17,913**
**21,209**
**16,342**
**830**
**2,714**
**98**
**4,457**
**3,382**
**9,193**
**550**
**1,588**
**1,500**
**1,120**
**570**
**21,952**
**1,261**
------------------
**337,377**
**232,356**
----------------
------------------
**(106,258)**
**25,006**
**262,747**
**237,741**
----------------
------------------
**156,489**
**262,747**
**=========**
**==========**|
|---|---|
|**AL QURAN ACADEMY LONDON**
**BALANCE SHEET AS AT 30 JUNE 2025**
Notes
2025
Restricted
£
£
£
**FIXED ASSETS**
2
**3,661**
**CURRENT ASSETS**
Stock of Quran at 30.6.25
**24,820**
**14,140**
Prepayment
**3,000**
**-**
Cash at Bank & in hand
**128,703**
**237,482**
------------------
**------------------**
**156,523**
**251,622**
**CREDITORS : AMOUNTS FALLING DUE**
**WITHIN ONE YEAR**
4
**3,695**
**27,592**
------------------
------------------
**NET CURRENT ASSETS**
**152,828**
**CREDITORS : AMOUNTS FALLING DUE**
**OVER ONE YEAR**
**-**
------------------
--
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**156,489**
**==========**
**=**
**CAPITAL & RESERVES**
**Restricted Funds**
**156,489**
==========
=
**These financial statements were approved by the Board of Trustees on 22 April, 2026**
**Signed on behalf of the Board of Trustees**|Page 5
2024
Restricted
£
**27,852**
**224,030**
**-**
----------------
**251,882**
**=========**
**237,742**
=========|
|---|---|
M M Rahman Treasurer (Trustee)
Page 6
**AL QURAN ACADEMY LONDON**
**NOTES TO THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDING 30 JUNE 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
**These accounts have been prepared under the Charities Act 2011 on the historical cost convention and in accordance with the Statement of Recommended Practice on Accounting and Reporting by Charities: The SORP (FRS 102).**
## **Incoming Resources**
**All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources can**
## **Resources expended**
**Expenditure is accounted for on accrual basis. Overhead and other costs not directly attributable to particular functional**
**The irrecoverable element of VAT is included with the item of expenses to which it relates. Governance costs comprise the**
## **Fund Accounting**
**Restricted funds are used for particular restricted purposes within the objects of the charity. Restrictions arise when**
**Unrestricted funds are used in accordance with the charitable objectives at the discretion of the Trustees.**
## **Exceptional amounts**
1) There were material cost of Quran copies held as at the year end, without showing them the printing cost can not be matched correctly. The Trustees have decided to bring stock in hand.
|**TAXATION :**
**The Company by virtue of its charitable status is exempt from taxation.**
**30.06.25**
**Investment of Income**
£0
Number of Employees
3|**30.06.24**|
|---|---|
||£0
2|
Page 7
**AL QURAN ACADEMY LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS (contd.)**
## **FOR THE YEAR ENDING 30 JUNE 2025**
## **2. TANGIBLE ASSETS: Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.**
|**As at**
**30.06.24**
**Cost**
**Furniture, Fixtures & Fittings**
**4,289**
**Equipment**
**8,774**
**---------------- **
**13,063**
**Depreciation**
**Furniture, Fixtures & Fittings**
**2,470**
**Equipment**
**5,954**
**---------------- **
**8,424**
**Net Book Value**
**Furniture, Fixtures & Fittings**
**1,819**
**Equipment**
**2,820**
**----------------**
**4,639**
**3. DEBTORS :**
amount due before and after 12 months
**4. CREDITORS:**
amount due before and after 12 months
Sundry Creditors
|**Additions**
**-**
**-**
**----------------- **
**-**
**273**
**705**
**----------------- **
**978**
**30.06.25**
**3,000**
**3,695**
==========|**Disposal**
**-**
**-**
**-------------------**
**-**
**-**
**-**
**------------------**
**0**
|**As at**
**30.06.25**
**4,289**
**8,774**
**------------------**
**13,063**
**2,743**
**6,659**
**------------------**
**9,402**
**1,546**
**2,115**
**-----------------**
**3,661**
**30.06.24**
**-**
**2,812**
==========|
|---|---|---|---|
Page 8
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF**
**Al -Quran Academy London**
**I report on the accounts for the year ended 30 June 2025, which are set out on pages 4 to 7.**
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER**
**The Charity's Trustees are responsible for the preparation of the accounts. The Charity's trustees**
**It is my responsibility to:**
*** examine the accounts under section 145 of the 2011 Act;**
*** to follow the procedure laid down in the general Directions given by the Charity Commission**
- **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**
## **INDEPENDENT EXAMINER'S STATEMENT**
**In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements:**
*** to keep accounting records in accordance with section 130 of the 2011 Act; and**
*** to prepare accounts which accord with the accounting records, comply with the accounting (2) to which, in my opinion, attention should be drawn in order to enable a proper**
**I have no concerns and have come across no other matters in connection with the examination to**
**Faizul Hoque FCA, FCCA Tally Lucas Associates Unit 1 Alexander Charles House, Station Passage South Woodford, London, E18 1JL**
**April 24, 2026**