2024-04-05-accounts - Madina Academy

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2024

Charity Assist Accountants Ltd

Certified Public Accountants and Charity Independent Examiners

Unit 27 Batley Enterprise Centre

513 Bradford Road Batley West Yorkshire

WF17 8LL

Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024

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

Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2024

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

Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024

Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024	Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024	Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024	Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024	Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024	Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024	Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024	Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024
Trustees' Annual Report for the period
From	Period start date			To	Period end date
	06	Apr	2023		05	Apr	2024

Section A Reference and administration details

Charity name[Madina Academy ]

Other names charity is known by

Registered charity number (if any) 1135772 Charity's principal address Swindon Road Dewsbury Postcode WF13 2PA ~~——~~ Names of the charity trustees who manage the charity Trustee name 1 Shabbir Kazi 2 Musa Kazi ~~es~~ 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) ~~a~~

Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024

Trustee selection methods

(eg. appointed by, elected by)

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

Section C Objects and activities

1) To establish and operate the academy for the purpose of educating and training adults and children, both male and female on Islamic, secular and other related subjects.
2) The advancement of religion and education in accordance with the tenets and doctrines of Ahle-Sunnah wal-Jamaat.
3) To further other charitable purposes as the
Summary of the objects of trustees may from time to time decide.
the charity set out in its governing document The charity provides : 1) Human resources 2) Buildings/facilities /open spaces
Summary of the main 3) Services activities undertaken for 4) Advocacy/advice/ information the public benefit in 5) It also sponsors and undertakes research 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)

Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024

Section D Achievements and performance During the past year the charity has extended its provision of daytime Summary of the main courses for the local community. We now offer 4 different courses achievements of the during the week for women with creche facilities to enable greater take- charity during the year up. We also provide 3 after-school courses aimed at teenagers enabling them to play and study. Our Little Scholars Nursery was inspected by Ofsted inspectors and received an outstanding rating as an early years provider. Due to the growing demand for our work in the local community the charity managed to purchase a building in close proximity to our existing building. Once this new premises is renovated it will increase the take-up of our services in the community We will be looking at raising funds to meet renovation costs of the new building in the coming year. The charity published a series of academic papers & booklets. Various programmes and events were organised during the year for the local community with a special focus on teenage girls and women which were well attended

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

Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024

Section F Declaration

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

Signed on behalf of the charity's trustees

Position (e.g. Secretary, Chair,

Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024

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 2024 Charity no 1135772 ended (if any) Set out on pages 9-10

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 05 / 04 / 2024.

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.

Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2024

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:
accounting records were not kept in accordance with section 130 of the Act or
the accounts do not accord with the accounting records

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.

Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2024

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	-	271,555	-	271,555	227,142
Charitable activities	S02	-	37,824	-	37,824	26,353
Other trading activities	S03	-	390	-	390	-
Investments	S04	-	-		-	-
Separate material item of income	S05	-	-	-	-	-
Other	S06	-	-	-	-	-
*Total*	S07	-	309,769	-	309,769	253,495
Resources expended(Note 6)
Expenditure on:
Raising funds	S08	-	6,474	-	6,474	21,524
Charitable activities	S09	-	288,327	-	288,327	208,563
Separate material item of expense	S10	-	-	-	-	-
Other	S11	-	1,880	-	1,880	1,931
*Total*	S12	-	296,681	-	296,681	232,018

Net income/(expenditure) before investment gains/(losses)	S13	-	13,088	-	13,088	21,477
Netgains/(losses)on investments	S14	-	-	-	-	-
Net income/(expenditure)	S15	-	13,088	-	13,088	21,477
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	-	13,088	-	13,088	21,477

*Reconciliation of funds:*
Total funds brought forw ard	S21	-	440,800	-	440,800	419,323
*Total funds carried forward*	S22	-	453,888	-	453,888	440,800

Madina Academy

Income and Expenditure Accounts for the year ended 5[th] April 2024

Section B Balance sheet

Fixed assets	Guidance Notes	Unrestricted funds £ F01 - - - 503,125 - - - - - - - - - 503,125 - - - - - - - 71 - - - - 28,056 - - - 42	Restricted income funds £ F02 - - - 125 - - - - - - - - - 125 - - - - - - - 71,000 - - 71 - - - - 28,056 - - - 42,944 - 6,293 - 6	Endowment funds £ F03 - - - 125 - - - - - - - - - 125 - - - - - 000 - - 71 - - - - 28,056 - 944 - 293 - 6	Total this year £ F04 - 503,125 - - - - - 503,125 - 000 - - 71,000 - 28,056 144,290 -42,944 293 - 6,293	Total last year (restated) £ F05 - 312,446 - - 312,446 - - - 28,056 144,290 144,290 15,936
Intangible assets(Note 15)	B01
Tangible assets(Note 14)	B02
Heritage assets(Note 16)	B03
Investments(Note 17)	B04
*Total fixed assets*	B05
Current assets
Stocks(Note 18)	B06
Debtors(Note 19)	B07
Investments(Note 17.4)	B08
Cash at bank and in hand(Note 24)	B09
*Total current assets*	B10

Creditors: amounts falling due within oneyear(Note 20)	B11

*Net current assets/(liabilities)*	B12	- - 49	- - 49,237 -	237 -	-49,237	128,354
		503,125 - 49,237	503,125 - 49,237	-	453,888	440,800
*Total assets less current liabilities*	B13
Creditors: amounts falling due after oneyear(Note 20) Provisions for liabilities	B14 B15	- - - -	- - - -	- - - -	- - - -	-
		- - -	- - -	- - -	-	-

*Total net assets or liabilities*	B16	503,125 - 49	125 - 49,237 -	237 -	453,888	440,800
Funds of the Charity
Endowment funds(Note 27)	B17	-			- - 49,237 128 - - - - 503,125 312,446	-
Restricted income funds (Note 27)	B18		- 49,237			- 49,237 128,354
Unrestricted funds	B19	- - - -	- - - -	- - - -		-
Revaluation reserves (building &fixed assets)	B20	503,125				503,125 312,446
*Total funds*	B21	503,125 - 49,237 - 453,888 440,800	503,125 - 49,237 - 453,888 440,800	503,125 - 49,237 - 453,888 440,800	503,125 - 49,237 - 453,888 440,800	503,125 - 49,237 - 453,888 440,800
Signed by one or two tnvetees o behalf of Date of ail the trustees Signature Print Name aperom ao ren yyyy _ ST > Ay \/ wAbsen	i 3-235 Uae Musa tad!	3)a)as

Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024

Section C Notes to accounts

==> picture [453 x 553] intentionally omitted <==

----- Start of picture text -----
Note 3 Analysis of income
Restricted
Unrestricte income Endowmen
d funds funds t funds Total funds Prior year
Analysis £ £
Donations Donations and gifts - 82,306 - 82,306 70,634
and Gift Aid - - - - -
- - - - -
legacies: Legacies
General grants provided by
- -
government/other charities 189,249 189,249 156,508
Membership subscriptions and
sponsorships which are in substance
donations - - - -
Donated goods, facilities and services - - - - -
Other - - - -
Total - 271,555 - 271,555 227,142
Charitable Childcare admission fees
activities: - - -
Childcare fees - 37,824 - 37,824 26,353
Other (childcare voucher) - - -
Total - 37,824 - 37,824 26,353
Other
- - - - -
trading
activities: First aid training - 390 - 390 -
- - - - -
Other - - - - -
Total - 390 - 390 -
TOTAL INCOME - 309,769 - 309,769 253,495
Note 10 Details of certain items of expenditure
10.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of
accounts and other services provided by your independent examiner. If
nothing was paid please enter '0' in the appropriate box(es).
This year Last year
£ £
Independent examiner’s fees
150 475
Assurance services other than audit or independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services)
paid to the independent examiner
----- End of picture text -----

Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024

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	-	-	-	-	-
	Intellectual property licencing costs	-	125	-	125	165
	Rent collection, property repairs and maintenance charges	-	6,349	-	6,349	21,359
		-	-	-	-	-
	Total expenditure on raising funds	-	6,474	-	6,474	21,524

Expenditure on charitable activities	Accountancy fees	-	3,021	-	3,021	1,826
	Apprenticeship fees	-	360	-	360
	Annual return	-	55	-	55	250
	Books	-	5,638	-	5,638	2,719
	Building work		25,396		25,396
	Childcare annual fee	-	35	-	35	35
	Cleaning & hygiene products	-	3,071	-	3,071	403
	CT600	-		-	-	100
	Covid-19 PPE		72		72
	Equipment expensed	-	129	-	129
	First aid		650		650
	Food		3,430		3,430	1,350
	HMRC	-		-	-	2,587
	Independent examination	-	150	-	150	475
	Insurance	-	3,711	-	3,711	2,097
	Light and heat	-	14,733	-	14,733	2,850
	Milk money	-		-	-	434
	Miscellaneous		792		792
	Outdoor resources	-	119	-	119
	Pension	-	3,755	-	3,755	3,152
	Printing , postage & stationery	-	3,083	-	3,083	1,343
	Professional fees				-	2,220
	School lunches	-	2,252	-	2,252	1,987
	Services	-	36	-	36	133
	Staff course				-	50
	Student trip	-	719	-	719	-
	Subscriptions	-	336	-	336	170
	Telephone	-	771	-	771	414
	Toys	-	82	-	82
	Transports costs	-	234	-	234
	Typesetting	-	116	-	116	110
	Wages	-	213,172	-	213,172	182,493
	Waste removal	-	1,253	-	1,253	356
	Water	-	1,077	-	1,077	931
	Website	-	79	-	79	78
	Total expenditure on charitable	-	288,327	-	288,327	208,563

Other	Bank charges	-	595	-	595	608
	Depreciation	-	1,285	-	1,285	1,323
		-	-	-	-	-
		-	-		-	-
	Total other expenditure	-	1,880	-	1,880	1,931

TOTAL EXPENDITURE		-	296,681	-	296,681	232,018

Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024

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	2024
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	-	9,755	2,149	312,446
Additions	191,014	-	-	950	191,964
Revaluations	-	-	-	-	-
Disposals	-	-	-	-	-
Transfers *	-	-	-	-	-
At end of the year	491,557	-	9,755	3,099	504,410
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	-	-	975	310	1,285
Impairment	-	-	-	-	-
Transfers*	-	-	-	-	-
At end of the year	-	-	975	310	1,285

14.3 Net book value
Net book value at the beginning of the year	300,543	-	9,755	2,149	312,446
Net book value at the end of the year	491,557	-	8,779	2,789	503,125

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	2024
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	-	9,755	2,149	312,446
Additions	191,014	-	-	950	191,964
Revaluations	-	-	-	-	-
Disposals	-	-	-	-	-
Transfers *	-	-	-	-	-
At end of the year	491,557	-	9,755	3,099	504,410
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	-	-	975	310	1,285
Impairment	-	-	-	-	-
Transfers*	-	-	-	-	-
At end of the year	-	-	975	310	1,285

14.3 Net book value
Net book value at the beginning of the year	300,543	-	9,755	2,149	312,446
Net book value at the end of the year	491,557	-	8,779	2,789	503,125

Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024

==> picture [452 x 143] intentionally omitted <==

----- Start of picture text -----
Note 19 Debtors and prepayments
Please complete this note if the charity has any
debtors or prepayments.
This year Last year
19.1 Analysis of debtors
£ £
Loan 71,000.0 -
Trade debtors - -
Prepayments and accrued income - -
Other debtors 71,000.0 -
----- End of picture text -----

==> picture [452 x 248] intentionally omitted <==

----- Start of picture text -----
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 Amounts falling due
within one year after more than one year
This year Last year This year Last year
£ £ £ £
Accruals for grants payable - - - -
Bank loans and overdrafts - - - -
Trade creditors - - - -
Payments received on account for contracts or
performance-related grants - - - -
Accruals and deferred income 6,293 15,936 - -
Taxation and social security - - - -
Other creditors - - - -
Total 6,293 15,936 - -
----- End of picture text -----

==> picture [452 x 103] intentionally omitted <==

----- Start of picture text -----
Note 24 Cash at bank and in hand
This year Last year
£ £
Short term cash investments (less than 3 months maturity date) - -
Short term deposits - -
Cash at bank and on hand 28,056 144,290
Other - -
Total 28,056 144,290
----- End of picture text -----