2021-08-31-accounts - Madrasah Baytul Ilm

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				Page
Trustees' Report			1	Io	5
Independent	Examiner's	Report
Statement of	Financial	Activities
Statement of	Financial	Position
Notes to the	Financial Statements		9	to	14
Detailed Statement ofFinancial Activities

					31/8/21	31/8/20
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
	Notes		E	E	E	E
FIXEDASSETS
Tangible assets			478,259		478,259	489,051
Investment property			159,495		159,495	159,495
			637,754		637,754	648,546
CURRENT ASSETS
Debtors			5,542		5,542	4,742
Cash at bank and	in hand		103,183	6,578	109,761	79,786
			108,725	6,578	115,303	84,528
CREDITORS
Amounts falling due within one year		9	(4,069)		(4,069)	(7,055)
NET CURRENT ASSETS			104,656	6,578	111,234	77,473
TOTAL ASSETS	LESSCURRENT
LIABILITIES			742,410	6,578	748,988	726,019
CREDITORS
Amounts falling due after more than one year		10	(42,520)		(42,520)	(45,520)
NET ASSETS			699,890	6,578	706,468	680,499
FUNDS		12
Unrestricted funds					699,890	680,426
Restricted funds					6,578	73
TOTAL FUNDS					706,468	680,499

		31/8/21	31/8/20
Teaching	staff	13	12

No employees received emoluments	No employees received emoluments
COMPARATIVES FOR THE STATEMENT OF FINANCIAL		ACTIVITIES
		Unrestricted	Restricted	Total
		fund	fund	funds
		E	E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies		38,619	6,131	44,750
Charitable activities
Teaching and prayer facilities		149,830		149,830
Investment income		6,905		6,905
Total		195,354	6,131	201,485
EXPENDITURE ON
Charitable activities
Teaching and prayer facilities Donations given - Zakat		192,883	12,600	192,883 12,600
Other		426		426
Total		193,309	12,600	205,909
NET INCOME/(EXPENDITURE)		2,045	(6,469)	(4,424)
RECONCILIATION OF FUNDS
Total funds brought forward		678,381	6,542	684,923

5.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued
		Unrestricted	Restricted	Total
		fund	fund	funds
			E	E
	TOTAL FUNDS CARRIED FORWARD	680,426	73	680,499
6.	TANGIBLE FIXEDASSETS
			Fixtures
		Freehold	snd
		property	fittings	Totals
			E
	COST
	At 1stSeptember 2020	595,886	18,828	614,714
	Additions		1,500	1,500
	At 31stAugust 2021	595,886	20,328	616,214
	DEPRECIATION
	At 1stSeptember 2020	106,836	18,827	125,663
	Charge for year	11,917	375	12,292
	At 31st August 2021	118,753	19,202	137,955
	NET BOOK VALUE
	At 31stAugust 2021	477,133	1,126	478,259
	At 31st August 2020	489,050		489,051
	INVESTMENT PROPERTY
	FAIR VALUE
	At 1stSeptember 2020
	and 31stAugust 2021			159,495
	NET BOOK VALUE
	At 31st August 2021			159,495
	At 31st August 2020			159,495

8.	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
						31/8/21	31/8/20
						E	E
	Trade debtors					800
	Other debtors					542	542
	Prepayments	and accrued		income		4,200	4,200
						5,542	4,742
9.	CREDITORS:	ANIOUNTS		FALLING DUE WITHIN ONE YEAR
						31/8/21	31/8/20
						E
	Trade creditors						600
	Taxation and social security					669	794
	Other creditors					3,400	5,661
						4,069	7,055
10.	CREDITORS:	AMOUNTS		FALLING DUE AFTER MORE THAN	ONE	YEAR
						31/8/21	31/8/20
						E	E
	Other creditors					42,520	45,520
11.	LOANS
	An analysis of	the maturity		ofloans is given below:
						31/8/21	31/8/20
						E	E
	Amounts falling	between	one and two years:
	Other loans - 1-2years					42,520	45,520
12.	MOVEMENT IN FUNDS
						Net
						movement	At
				At	1.9.20	in funds	31.8.21
					E	E	E
	Unrestricted funds
	General fund			680,426		19,464	699,890
	Restricted funds
	Donations - Zakat				73	6,505	6,578
	TOTAL FUNDS			680,499		25,969	706,468

Net movement in funds, include	d in the above are	as follows:
		Incoming	Resources	Movement
		resources f	expended f	in funds f
Unrestricted funds
General fund		218,830	(199,366)	19,464
Restricted funds
Donations -Zakat		6,505		6,505
TOTAL FUNDS		225,335	(199,366)	25,969
Comparatives for movement	in funds
			Nst
			movement	At
		At 1.9.19 f	in funds f	31.8.20 f
Unrestricted funds
General fund		678,381	2,045	680,426
Restricted funds
Donations - Zakat		6,542	(6,469)
TOTAL FUNDS		684,923	(4,424)	680,499

Comparative net movement in funds, inc	luded in the above are as follows:
	Incoming	Resources	Movement
	resources	expended f	in funds f
Unrestricted funds
General fund	195,354	(193,309)	2,045
Restricted funds
Donations -Zakat	6,131	(12,600)	(6,469)
TOTAL FUNDS	201,485	(205,909)	(4,424)

A curren	t yea	r 12months and prior year	12months combined position is a	s follows:
				Net
				movement	At
			A11.0.10	in funds	31.8.21
			E	E	E
Unrestricted		funds
General	fund		678,381	21,509	699,890
Restricted funds
Donations - Zakat			6,542	36	6,578
TOTAL	FUNDS		684,923	21,545	706,468

A current year 12 months and prior year above are as follows:	12 months combined net movem	ent in funds, i	ncluded in
	Incoming	Resources	Movement
	resources	expended	in funds
	E	E	E
Unrestricted funds
General fund	414,184	(392,675)	21,509
Restricted funds
Donations -Zakat	12,636	(12,600)	36
TOTAL FUNDS	426,820	(405,275)	21,545

	31/8/21	31/8/20
	6	6
INCOME AND ENDOWMENTS
Donations and legacies Donations	53,455	44,750
Investment income
Rents received	7,628	6,905
Charitable activities
Fees	164,252	149,830
Total incoming resources	225,335	201,485
EXPENDITURE
Charitable activities
Wages Rent	148,967 16,800	143,876 16,800
Rates and water	2,653	2,707
Insurance	1,427	1,479
Light and heat Telephone Postage and stationery Books, resources and prizes Repairs and maintenance Staff training and welfare Website	5,744 1,697 553 4,200 1,548	6,286 739 1,485 2,507 2,524 350 112
Subscription Depreciation oftangible fixed assets Donations to other charities	50 12,293	11,918 12,600
	195,932	203,383
Support costs
Other
Legal fees		426
Governance costs
Accountancy and legal fees	3,434	2,100
Total resources expended	199,366	205,909
Net income/(expenditure)	25,969	(4,424)