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2021-04-05-accounts

Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2021

Charity Assist Accountants Ltd

Certified Public Accountants and Charity Independent Examiners

Unit 27 Batley Enterprise Centre

513 Bradford Road Batley West Yorkshire

WF17 8LL

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Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2021

Contents Page
Basic information 3
Trustees’ annual report 4-7
Independent examiner's report on the accounts 8-9
Income and expenditure accounts 10-11
Notes 12-15

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Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2021

Basic information

Address

Madina Academy

Swindon Road Dewsbury WF13 2PA

Bank

NatWest

2 Northgate Dewsbury

WF13 1EA

Accountants

Charity Assist Accountants Ltd Unit 27 Batley Enterprise Centre

Batley

WF17 8LL

Charity registration number

1135772

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Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2021

Madina Academy
**ome and Expenditure Accounts for the year ended 5th April 2021 **		 Madina Academy
**ome and Expenditure Accounts for the year ended 5th April 2021 **		 Madina Academy
**ome and Expenditure Accounts for the year ended 5th April 2021 **		 Madina Academy
**ome and Expenditure Accounts for the year ended 5th April 2021 **		 Madina Academy
**ome and Expenditure Accounts for the year ended 5th April 2021 **		 Madina Academy
**ome and Expenditure Accounts for the year ended 5th April 2021 **		 Madina Academy
**ome and Expenditure Accounts for the year ended 5th April 2021 **		 Madina Academy
**ome and Expenditure Accounts for the year ended 5th April 2021 **
Trustees' Annual Report for the period
From Period start date To Period end date
06 Apr 2020 05 Apr 2021

Section A Reference and administration details

Charity name[Madina Academy ]

Other names charity is known by

Registered charity number (if any) 1135772


Swindon Road
Dewsbury
Postcode WF13 2PA

Charity's principal address

Names of the charity trustees who manage the charity

Trustee name

1 Shabbir Kazi 2 Musa Kazi

Section B Structure, governance and management

Description of the charity’s trusts

Trust deed dated 28 April 2010

Type of governing document

(eg. trust deed, constitution) Trust How the charity is constituted (eg. trust, association, company)

How the charity is constituted

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Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2021

Trustee selection methods

(eg. appointed by, elected by)

The trustees and executive committee members and elected every 2 years at the general meeting.

Section C Objects and activities

Summary of the objects of the charity set out in its governing document

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Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2021

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

The charity provides : 1) Human resources 2) Buildings/facilities /open spaces 3) Services 4) Advocacy/advice/ information 5) It also sponsors and undertakes research

Section D Achievements and performance

During the year the charity was able to hold classes for the purpose of Summary of the main educating and training adults and young children, both male and female achievements of the on Islamic, secular and other related subjects. They also managed to charity during the year renovate the wash facilities and started developing a playground area for nursery, which is still in progress.

Section E Financial review

The charity does not have a reserves policy at the moment, however Brief statement of the there is a surplus in their accounts therefore they will be able to fund for charity’s policy on an emergency expense. reserves

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Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2021

Section F Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

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Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2021

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Madina Academy On accounts for the year 5[th] April 2021 Charity no 1135772 ended (if any) Set out on pages 10-11

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 05 / 04 / 2021

Responsibilities and basis of report

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

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Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2021

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: A Q Khan Date: 01/02/022 Name: A Q Khan FMAAT Relevant professional qualification(s) or body FCPA (if any):

Address: Unit 27 Batley Enterprise Centre

Batley WF17 8LL

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Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2021

Charity Name Madina Academy Charity Name Madina Academy Charity Name Madina Academy Charity Name Madina Academy Charity No
(ifany)		 1135772
Annual accounts for the period
Period start date 06.04.20 To Period end
date		 05.04.21
Section A Statement of financial activities
Recommended categories by
activity		 Guidance Notes Unrestricted
funds		 Restricted
income
funds		 Endowment
funds		 Total funds Prior year
funds
(restated)
£ £ £ £ £
Incoming resources(Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 - 194,621 - 194,621 158,310
Charitable activities S02 - - - - -
Other trading activities S03 - - - - -
Investments S04 - - - -
Separate material item of income S05 - 17,711 - 17,711 29,940
Other S06 - - - - -
Total S07 - 212,332 - 212,332 188,250
Resources expended(Note 6)
Expenditure on:
Raising funds S08 - 9,752 - 9,752 1,108
Charitable activities S09 - - - - -
Separate material item of expense S10 - - - - -
Other S11 - 154,812 - 154,812 156,992
Total S12 - 164,564 - 164,564 158,100
Net income/(expenditure) before investment
gains/(losses)		 S13 - 47,768 - 47,768 30,150
Netgains/(losses)on investments S14 - - - - -
Net income/(expenditure) S15 - 47,768 - 47,768 30,150
Extraordinary items S16 - - - - -
Transfers between funds S17 - - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s
ow n use		 S18 - - - - -
Other gains/(losses) S19 - - - - -
Net movement in funds S20 - 47,768 - 47,768 30,150
Reconciliation of funds:
Total funds brought forw ard S21 - 353,826 - 353,826 323,676
Total funds carried forward S22 - 401,594 - 401,594 353,826

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Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2021

Section B Balance sheet Section B Balance sheet Section B Balance sheet
Guidance Notes Unrestricted
funds
Restricted
income
funds		 Endowment
funds
Total this
year		 Total last
year
(restated)
£ £ £ £ £
Fixed assets F01 F02 F03 F04 F05
Intangible assets(Note 15) B01 - - - - -
Tangible assets(Note 14) B02 314,621 - - 314,621 313,924
Heritage assets(Note 16) B03 - - - - -
Investments(Note 17) B04 - - - - -
Total fixed assets B05 314,621 - - 314,621 313,924
Current assets
Stocks(Note 18) B06 - - - - -
Debtors(Note 19) B07 - - - - -
Investments(Note 17.4) B08 - - - - -
Cash at bank and in hand(Note 24) B09 - 101,327 - 101,327 49,681
Total current assets B10 - 101,327 - 101,327 49,681
Creditors: amounts falling due
within one year (Note 20)		 B11 14,354 - 14,354 9,779
Net current assets/(liabilities) B12 - 86,973 - 86,973 39,902
Total assets less current liabilities B13 314,621 86,973 - 401,594 353,826
Creditors: amounts falling due
after one year (Note 20)		 B14 - - - - -
Provisions for liabilities B15 - - - - -
Total net assets or liabilities B16 314,621 86,973 - 401,594 353,826
Funds of the Charity
Endowment funds(Note 27) B17 - - -
Restricted income funds (Note 27) B18 86,973 86,973 39,902
Unrestricted funds B19 - - - - -
Revaluation reserves
(building &fixed assets)		 B20 314,621 314,621 313,924
Total funds B21 314,621 86,973 - 401,594 353,826

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Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2021

Section C Notes to accounts

Note 3 Analysis of income
Analysis Unrestricte
d funds		 Restricted
income
funds		 Endowmen
t funds		 Total funds Prioryear
£ £
Donations
and
legacies:		 Donations and gifts - 32,435 - 32,435 15,577
Gift Aid - - - - -
Legacies - - - - -
General grants provided by
government/other charities		 - 162,186 - 162,186 142,733
Membership subscriptions and
sponsorships which are in substance
donations		 - - - -
Donatedgoods,facilities and services - - - - -
Other - - - -
Total - 194,621 - 194,621 158,310
Separate
material item
of income:		 Childcare fees - 14,266 - 14,266 22,623
Childcare admission fees
 200 200
Childcare vouchers - 3,245 - 3,245 5,159
Milk money - - - - 434
Snack money - - - - 1,724

Total		 - 17,711 - 17,711 29,940
TOTAL INCOME - 212,332 - 212,332 188,250

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Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2021
Note 6 Analysis of expenditure
Analysis Unrestricted
funds
Restricted
income
funds		 Endowmen
t funds		 Total funds Prior year
(restated)
£ £
Expenditure on
raising funds:		 Incurred seeking donations - - - - -
Incurred seeking legacies - - - - -
Advertising, marketing, direct mail
and publicity		 - 180 - 180 134

Intellectual property licencing costs		 - 75 - 75 155
Rent collection, property repairs and
maintenance charges		 - 9,497 - 9,497 819
- - - - -
Total expenditure on raising funds - 9,752
-		 9,752 1,108
Other
Accountancy fees - 1,255 - 1,255 1,747
Administration& governance cost - 300 - 300 200

Apprenticeship fees		 225 225
Banners 100
Books - 6,390 - 6,390 5,164
Childcare annual fee - 35 - 35 35
Cleaning and hygiene products 492
Covid-19 ppe 276
Depreciation - 1,564 1,487
Equipment expensed - 198 - 198 454
HMRC - 6,139 - 6,139 1,912
Independent examination - 250 250 -
Insuarance - 1,973 - 1,973 1,981
Light and heat - 2,708 - 2,708 3,438
Milk money - 45 45
Miscallenous - 707 - 707 3,539
Outdoor play area project - 4,000 4,000
Pension - 2,288 2,288 1,858
Printing, postage & stationary - 1,557 - 1,557 769
Refreshments 42
School lunches - 983 - 983 2,002
Services - 392 - 392 84
Staff course - - - - 52
Student trip - - - - 770
Subscriptions - 154 - 154 211
Telephone bill - 435 - 435 464
Transport costs - - - 1,290
Travel expenses - -3,299 -3,299 3,410
Wages - 124,754 - 124,754 124,824
Waste removal - 286 286
Water - 523 - 523 1,266
Website - 40 40 35
Total other expenditure - 154,812 - 154,812 156,992
TOTAL EXPENDITURE - 164,564 - 164,564 158,100

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Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2021

Madina Academy
Income and Expenditure Accounts for the year ended 5th April		 Madina Academy
Income and Expenditure Accounts for the year ended 5th April		 Madina Academy
Income and Expenditure Accounts for the year ended 5th April		 Madina Academy
Income and Expenditure Accounts for the year ended 5th April		 Madina Academy
Income and Expenditure Accounts for the year ended 5th April		 Madina Academy
Income and Expenditure Accounts for the year ended 5th April		 **2021 **
Note 14 Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
14.1 Cost or valuation
Freehold land
& buildings
Other land &
buildings		 Plant,
machinery
and motor
vehicles		 Fixtures,
fittings and
equipment		 Total
£ £ £ £ £
At the beginning of
the year		 300,543 - 13,381 2,261 316,185
Additions - - - - -
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year 300,543 - 13,381 2,261 316,185
14.2 Depreciation and impairments
**Basis SL or RB SL or RB SL or RB SL or RB SL or RB Straight Line
("SL") or
Reducing
Balance
("RB")
** Rate 10% 10%
At beginning of the
year		 - - - - -
Disposals - - - - -
Depreciation - - 1,338 226 1,564
Impairment - - - - -
Transfers* - - - - -
At end of the year - - 1,338 226 1,564
14.3 Net book value
Net book value at the
beginning of the year		 300,543 - 13,381 2,261 316,185
Net book value at the
end of the year		 300,543 - 12,043 2,035 314,621

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Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2021

Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
Amounts falling due
within one year		 Amounts falling due
after more than one year
Thisyear Lastyear Thisyear Lastyear
£ £ £ £
Accruals forgrantspayable - - - -
Bank loans and overdrafts - - - -
Trade creditors - - - -
Payments received on account for contracts or
performance-related grants		 - - - -
Accruals and deferred income 14,354 9,779 - -
Taxation and social security - - - -
Other creditors - - - -
Total 14,354 9,779 - -
Note 24 Cash at bank and in hand
Thisyear Lastyear
£ £
Short term cash investments(less than 3 months maturity date) - -
Short term deposits - -
Cash at bank and on hand 101,327 49,681
Other - -
Total 101,327 49,681

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