**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 1 ## **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| 2 **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 3 **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~~ 4 ## **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)** 5 **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** 6 **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, 7 ## **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. 8 **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. 9 ## **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| 10 ## **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
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tad! |3)a)as|||||||| 11 **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 -----**
12 ## **Madina Academy Income and Expenditure Accounts for the year ended 5[th] April 2024** |**Note 6**|**Analysis of expenditure**|**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| 13 ## **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|| 14 ## **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 -----**
15