**Registered Charity Number:** 1142696 ## **Al-Khayr Academy** Report of the Trustees and Financial Statements Year Ended 1st April 2025 ## **Al-Khayr Academy** ## **Contents** ||**Page**| |---|---| |Legal and administrative information|1| |Report of the Trustees|2| |Independent examiners' report|3| |Statement of financial activities|4| |Balance sheet|5| ## **Al-Khayr Academy Legal and Administrative Information** ## **Registered Charity Number** 1142696 ## **Principal Address** 192 Back Deane Road Bolton BL3 5DP Hebron Hall Mayor Street Bolton BL3 5DU ## **Trustees** Mubarak Daud Ali Manya Abdul Hamid Palejwala Faruque Vali ## **Independent Examiner** SND Accountants & Business Consultants 9 Prescott Street Bolton BL3 3LZ ## **Bankers** Barclays Bank Plc 1 Market Street Bolton BL1 1BU 1 ## **Al-Khayr Academy** ## **Report of the trustees** ## **for the year ended 1st April 2025** ## **Objectives and Activities** To advance the Islamic religion by promoting the study of religious teaching and practices and scriptures. To help young muslims so as to develop their mental and spiritual capacities that they may grow and reach their full potential and contribute postively to society both as individuals and as members of their faith group. ## **Statement of trustees' responsibilities** The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Pr Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees' annual report was approved and signed on behalf of the board of trustees by: ## **Trustees** Mubarak Daud Ali Manya Abdul Hamid Palejwala Faruque Vali **Date: 13th August 2025** 3 ## **Al-Khayr Academy** ## **Independent examiner's report to the trustees on the unaudited financial statements of Al-Khayr Academy.** I report on the accounts of Al-Khayr Academy for the year ended 1st April 2025. ## **Respective responsibilities of trustees and independent examiner** As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 144(2) of the Charities Act 2011 (the 2011 Act) does not apply and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act; to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attention. ## **Basis of independent examiner's statement** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: (i) which gives me reasonable cause to believe that in any material respect the requirements: - to keep proper accounting records in accordance with section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Danyaal Iqbal ## **Independent Examiner** ## **SND Accountants & Business Consultants** 9 Prescott Street Bolton Lancashire BL3 3LZ **Date: 13th August 2025** 4 ## **Al-Khayr Academy** ## **Statement of Financial Activites for the year ended 1st April 2025** |**Income and Endowments**
Donations
**Total Income**
**Expenditure**
Expenditure on Charitable Activities
**Total Expenditure**
**Net income and net movement in funds**
**Reconciliation of Funds**
Total funds brought forward
Surplus for the year
Total funds carried forward|**2025**
**Total**
**£**
442,133
442,133
136,577
136,577
305,556
555,059
305,556
860,615|**2024**
**Total**
**£**
348,081| |---|---|---| |||348,081| |||168,933
168,933| |||179,148| |||555,059
179,148| |||734,207| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 5 ## **Al-Khayr Academy Balance Sheet as at 1st April 2025** |**Fixed Assets**
Building (Including Property
Costs)
**Current Assets**
Cash at bank and in hand
**Net Assets**
**Reconciliation of Funds**
Total funds brought forward
Surplus for the year
Total funds carried forward|34,129|**2025**
**£**
1,005,633
1,005,633
325,328
325,328
1,039,762
734,206
305,556
1,039,762|**2024**
**£**
408,878| |---|---|---|---| ||||408,878| ||34,129||| ||||734,206| ||||555,058
179,148| ||||734,206| 6 ## **Al-Khayr Academy Notes to the Financial Statements for the year ended 01 April 2025** ## **1 Accounting policies** ## **Basis of preparation** The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective ## **1.1 Investments** Fixed asset investments, including investment property, is included at market value at the balance sheet date. No depreciation or amortisation is provided in respect of investment properties and leasehold investment properties with over twenty years to run. ## **2 Fixed Assets Investments** |**Valuation**
At 2 April 2024
Additions
At 1 April 2025|**Investment**
**Properties**
**£**
408,878
596,755| |---|---| ||1,005,633| 7