OpenCharities

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

2023-05-31-accounts

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

THE GREEN DOME ACADEMY

Registered Charity and Company Limited by Guarantee

Financial statements for the year ended 31 May 2023

Charity number 1143909 Company number 07637368

Page 1 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

THE GREEN DOME ACADEMY

Charity Number: 1143909 Company Number: 07637368 Principal Address: The Green Dome Academy Essex House Kelsall Street Oldham Greater Manchester OL9 6HR Directors and Trustees: Mr Jamal Uddin Khan Mr Aminul Hoque Mr Hussain Belal Governing Document: Memorandum / Articles of Association Bankers: HSBC Plc 109 Union Street Oldham OL1 1RT

Accountant and Independent Examiners:

ATS Accountants 8 Rochdale Road Royton Oldham OL2 6QJ

Page 2 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

THE GREEN DOME ACADEMY

CONTENTS

Page
Trustees’ Report 4
Independent Examiner’s Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9

Page 3 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

THE GREEN DOME ACADEMY

Report of the Directors and Trustees for the year ended 31 May 2023

The Directors and Trustees of The Green Dome Academy (The GDA) are pleased to present their annual report and independently examined financial statements for the year ended 31 May 2023. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP 2005) and Accounting Standards Charities Act 2011.

Principle objectives and activities

The main objective of the organisation is to provide services that cater for the educational, cultural and socio-economic needs of Muslim women in the local community. It seeks to become an essential resource for women by:

Governance, Structure and Management

The GDA is a charitable company governed by its Articles of Association. After its incorporation in May 2011, The GDA achieved registered charity status later that year. Trustees of The GDA are also the Directors of the company and are responsible for the overall management of the charity and form the Governing Body of the school.

The Trustees meet at least once every school term where they review the Charity’s financial position, progress, issues and direction of the school. They are regularly consulted by the school’s senior leadership team for school related advice. New Trustees are briefed about their roles and responsibilities, attend mandatory child protection training and must satisfy DBS and security background checks as part of the induction process.

Risk management

Trustees routinely perform risk assessments to identify and manage key risks relevant to the charity, challenge and hold the senior leadership to account. They have updated and added to the wide range of policies and procedures in place. All staff and volunteers are provided with a staff handbook, which informs them of the school’s policies. This includes Health and Safety and Safeguarding policies. They are also required to complete child protection training and undergo DBS clearances before being appointed.

Achievements and performance

Staff and students have been working really hard across all our schools. We would like to thank all our pupils, parents and staff for their hard work and our well-wishers for their continued support. Here are some of the highlights of the year:

Jubilee Street Party (June 2022)

Our school celebrated the Queen’s Platinum Jubilee by organising a Street Party. Local businesses were invited to our tea stall which was set up outside the school. We also served tea and biscuits to everyone passing by. Everyone enjoyed the atmosphere.

GCSE Results (August 2022)

We are really pleased with the girls for their exceptional GCSE results for yet another year. They achieved 95.1% grades 9-4 which is higher than last year. Congratulations to all the girls, their parents and staff for such a wonderful result.

Westwood Food Drive (Nov 2022)

The children wanted to help local families that were struggling with the cost of living crisis. Especially once they learned that local families were resorting to food banks for help. We carried out a week-long food drive and dropped off the food items to Oldham Food Bank.

Let’s Buy Westwood High Campaign (Nov 2022)

Our Landlord has agreed to sell our school buildings. We launched an online fundraising campaign called ‘Let’s Buy Westwood High’ to help us purchase the Westwood High school building. We raised over £16,000 as part of this campaign. We are extremely grateful to our donors.

Ofsted Inspection of Westwood Boys School (Feb 2023)

Inspectors arrived to conduct the first full scale inspection of the Boys School. They found that 'pupils are proud to attend' our school, they 'flourish academically and personally' and 'benefit from the supportive and respectful relationships that are built between pupils and staff'. They concluded that 'behaviour and attitudes' and 'personal development' in our school were

Page 4 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

'outstanding' and the 'quality of education' and 'leadership and management' were graded 'good'. We would like to take this opportunity to thank all our students, staff, parents, governors and whole school community for their hard work and continued support.

Financial Review

In this financial year, The GDA has been in deficit, largely due to the capital expenditure incurred in setting up the Westwood Boys School. These include purchasing IT equipment, installing a Science lab, school furniture, Ofsted inspection fees (for two inspections) and other compliance costs to meet fire safety, health & safety regulations and rent whilst waiting for Ofsted approval. These are one-off costs and with the Boys School now open, there is additional demand for services and support for the Charity; the financial outlook going forward into 2024/25 is positive. We remain focused on managing costs and continuing to use social media channels to promote the school and raise awareness.

Our recent examination results and positive Ofsted reports have helped maintain the high profile of our schools and we want to build on this. The Trustees will continue working closely with the school senior leadership team and ensure the momentum is maintained to successfully deliver the future plans of The GDA.

Reserve Policy

The trustees have established a policy whereby the unrestricted funds held by the charity should be between 3 to 6 months of the resources expended. At present, there are no restricted funds and the present free reserves exceed this target level.

Future plans

The charity aims to achieve the following:

  1. Set up Westwood Boys School as an exam centre

  2. Implement Inspector’s recommendations to further improve Westwood Boys School

  3. Procure iPads for Westwood Prep

Trustees and their responsibilities

Charity trustees are the people who serve on the governing body of a charity. They may be known as trustees, directors, board members, governors or committee members.

The principles and main duties are the same in all cases. Trustees have and must accept, ultimate responsibility for directing the affairs of a charity, and ensuring that it is solvent, well-run, and meeting the needs for which it has been set up.

Statement of Directors’ Responsibilities

The Companies Act 2006 requires the directors to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the profit or loss of the charity for that period. The directors are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity.

Small Company Provisions

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

Public Benefit Statement

The Trustees have considered the general guidance on public benefit issued by the Charities Commission and have taken due regard of that guidance. The Trustees consider that they are satisfied that the charity's activities do provide a public benefit.

On behalf of all Trustees

Mr Jamal Uddin Khan Chair

27 February 2024

Page 5 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

THE GREEN DOME ACADEMY

Independent examiner’s report to the trustees of THE GREEN DOME ACADEMY

I report on the Financial Statements of the Charity for the year ended 31 May 2022 which are set out on pages 8 to 16.

Respective responsibilities of trustees and examiner

The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) or under Regulation 10 (1) (a) to (c) of The Charities Accounts (Scotland) Regulations 2006 (the 2006 Accounts Regulations) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts and I am qualified to undertake the examination by being a qualified member of the Chartered Institute of Public Finance and Accountancy.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's report

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:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Tanvir Alam BSc (Hons) CPFA On behalf of ATS Accountants

31 May 2023

Page 6 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

THE GREEN DOME ACADEMY

Financial statements for the year ended 31 May 2023

Statement of Financial Activities

Incoming resources (Note 3)
Income and endowments from:
Donations and legacies
Charitable activities
Total
Resources expended (Note 4)
Expenditure on:
Charitable activities
Governance costs
Administrative expenses
Total
Net income/(expenditure)
before investment gains/(losses)
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for
the charity’s own use
Other gains/(losses)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£
2023
2023
2023
2023
2022
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£
2023
2023
2023
2023
2022
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£
2023
2023
2023
2023
2022
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£
2023
2023
2023
2023
2022
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds
Prior year
funds
£
£
£
£
£
2023
2023
2023
2023
2022
9,843 -
-

9,843
11,467
891,046 -
-
891,046 967,264
900,889 -
-

900,889
978,731
928,192 -
-
928,192 876,118
1,000 - - 1,000 600
11,637 - - 11,637 4,067
940,829 -
-

940,289
880,784
(39,940) - - (39,940) 97,946
- -
-

-

-
(39,940) - - (39,940) 97,946
- - - - -
- - - - -
- - - - -
(39,940) - - (39,940) 97,947
831,187 -
-

831,187
733,241
791,247 -
-

791,247
831,187

Page 7 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

THE GREEN DOME ACADEMY

Financial statements for the year ended 31 May 2023

Balance Sheet

Fixed assets
Notes
Tangible assets
7
Total fixed assets
Current assets
Stocks
Debtors
8
Cash at bank and in hand
10
Total current assets
Creditors: amounts
falling due within one
year
9
Net current
assets/(liabilities)
Total assets less current
liabilities
Creditors: amounts
falling due after one year
Total net assets or
liabilities
Funds of the Charity
Endowment funds
Restricted funds
Unrestricted funds
Revaluation reserve
Total funds
Unrestricted
funds
£
2023
Restricted
funds
£
2023
Endowment
funds
£
2023
Total this
year
Total last
year
£
£
2023
2022
Total this
year
Total last
year
£
£
2023
2022
62,483 - - 62,483 74,277
62,483 - - 62,483 74,277
-
-

-
-
-
806,358 -
-

806,358
724,451
99,362 -
-

99,362
141,080
905,720 -
-

905,720
865,531
176,957 - - 176,957 108,620
728,764 - - 728,764 756,911
791,247 - - 791,247 831,187
- - - - -
791,247 - - 791,247 831,187
-
-
- - -
- - - - -
791,247 -
-

791,247
831,187
- - - - -
791,247 -
-

791,247
831,187
Signed by Chair on
behalf of all the
Trustees
Signature Print Name Date of
approval
(DD/MM/YYYY)
Mr Jamal Uddin Khan 27 March 2024

Page 8 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

THE GREEN DOME ACADEMY

Financial statements for the year ended 31 May 2023

Notes to the Accounts

Note 1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

The charity constitutes a public benefit entity as defined by FRS 102.

Note 2 Accounting policies

2.1 INCOME

Recognition of income These are included in the Statement of Financial Activities (SoFA) when:

Grants and donations are only included in the SoFA when the general income recognition Grants and donations criteria are met (5.10 to 5.12 FRS102 SORP).

In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP).

Gift Aid receivable is included in income when there is a valid declaration from the Tax reclaims on donor. Any Gift Aid amount recovered on a donation is considered to be part of that donations and gifts gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Donated goods are measured at fair value (the amount for which the asset could be Donated goods exchanged) unless impractical to do so.

The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution.

Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.

Page 9 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.

Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.

Donated services and Donated services and facilities are included in the SOFA when received at the value of facilities the gift to the charity provided the value of the gift can be measured reliably.

Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.

Support costs The charity has incurred expenditure on support costs.

Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

2.2 EXPENDITURE AND LIABILITIES

Liability recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Support costs have been allocated between governance costs and other support. Governance and Governance costs comprise all costs involving public accountability of the charity and its support costs compliance with regulation and good practice.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Deferred income No material item of deferred income has been included in the accounts.

The charity has creditors which are measured at settlement amounts less any trade Creditors discounts

The charity accounts for basic financial instruments on initial recognition as per paragraph Basic financial 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, instruments FRS102 SORP.

Page 10 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

2.3 ASSETS

Tangible fixed assets These are capitalised if they can be used for more than one year, and cost at least for use by charity

They are valued at cost

The depreciation rates and methods used are disclosed in note 9.2.

Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

Note 3 Analysis of income

Donations and
legacies:
Charitable
activities:
Analysis Unrestricted
funds
Restricted
funds
Endowment
funds
Total
funds
Prior year
2023
2023
2023
2023
2022
£
£
£
£
£
Unrestricted
funds
Restricted
funds
Endowment
funds
Total
funds
Prior year
2023
2023
2023
2023
2022
£
£
£
£
£
Unrestricted
funds
Restricted
funds
Endowment
funds
Total
funds
Prior year
2023
2023
2023
2023
2022
£
£
£
£
£
Unrestricted
funds
Restricted
funds
Endowment
funds
Total
funds
Prior year
2023
2023
2023
2023
2022
£
£
£
£
£
Unrestricted
funds
Restricted
funds
Endowment
funds
Total
funds
Prior year
2023
2023
2023
2023
2022
£
£
£
£
£
Donations and gifts 9,843 -
-

9,843
11,467
Total 9,843 -
-

9,843
11,467
School project 891,046 -
-

891,046
967,264
Total 900,889 -
-

900,889
**978,731 **

Note 4 Analysis of expenditure

Analysis
Expenditure on
charitable
activities
School project
Governance costs
Administrative
expenses
Total
expenditure on
charitable
activities
TOTAL EXPENDITURE
Analysis Unrestricted
funds
2023
£
Restricted
funds
2023
£
Endowment
funds
2023
£
Total funds
2023
£
Prior year
2022
£
School project 928,192 -
-

928,192
876,118
Governance costs 1,000 - - 1,000 600
Administrative
expenses
11,637 11,637 4,067
940,829 -
-

940,829
880,784
940,829 -
-

940,829
880,784

Page 11 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

Note 5 Details of certain items of expenditure

5.1 Fees for examination of the accounts

Independent examiner’s fees Other fees paid to the independent examiner

This year
£
Last year
£
1,000 600
11,637 4,067

Note 6 Paid employees

6.1 Staff Costs

Salaries and wages
Social security costs
Pension costs (defined contribution scheme)
Other employee benefits
Total staff costs
This year
£
Last year
£
571,216 505,386
14,940 9,259
7,852 6,259
- -
594,009 520,905

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

6.2 Average head count in the year

The parts of the charity in which the employees work

This year
**Number **
Last year
**Number **
Fundraising -
-
Charitable Activities 65 58
Governance -
-
Other -
-
Total
65
58

Page 12 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

Note 7 Tangible fixed assets

7.1 Cost or valuation

At the beginning of the
year
Additions
Revaluations
Disposals
Transfers *
At end of the year
Freehold
land &
buildings
£
Other land
& buildings
£
Plant,
machinery
and motor
vehicles
£
Fixtures,
fittings and
equipment
£
Total
£
-
102,622
-
58,727
161,349
-
-
-
-
-
-
-

-

-

-
-
-

-

-

-
-
-

-

-

-
-
102,622
-
58,727
161,349

7.2 Depreciation and impairments

Basis
Rate
At beginning of the
year
Disposals
Depreciation
Impairment
Transfers
At end of the year
7.3 Net book value
Net book value at the
beginning of the year
Net book value at
the end of the year
N/A Straight Line N/A Straight Line N/A
5% 20%
-
37,713
-
49,360
87,072
-
-

-

-

-
-
10,562
-
1,232
11,794
-
-

-

-

-
-
-

-

-

-
-
48,274
-
50,592
98,866
-
64,910
-
9,367
74,277
-
54,348
-
8,135
62,483

7.4 Impairment

No impairments in the year (2023: £nil)

Page 13 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

Note 8 Debtors and prepayments

8.1 Analysis of debtors
Trade debtors
Prepayments and accrued income
Other debtors
Total
This year
£
Last
year
£
806,358 724,451
-
-
-
-
806,358 724,451

Note 9 Creditors and accruals

9.1 Analysis of creditors

Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts
or performance-related grants
Accruals and deferred income
Taxation and social security
Other creditors
Total
Amounts falling due within
one year
Amounts falling due within
one year
Amounts falling due after
more than one year
Amounts falling due after
more than one year
This year
£
Last year
£
This year
£
Last year
£
-
-

-
-
-
-

-
-
122,187 59,230 - -
- - - -
6,000 9,638 - -
(2,066) (1,909) - -
50,836 41,660 - -
176,957 108,620 - -

Note 10 Cash at bank and in hand

Cash at bank and on hand
Total
This year
£
Last year
£
99,362 141,080
99,362 141,080

Page 14 of 15

GrabSign 32a92a9d7da08abb66481b5f1d5790924572

Note 11 Transactions with trustees and related parties

11.1 Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

11.2 Trustees' expenses

The charity paid trustees no expenses for fulfilling their duties.

11.3 Transaction(s) with related parties

Name of
the trustee
or related
party
Relationship
to charity
Description
of the
transaction(s)
Gross
Salary
Employer
Pension
Contribu
tions
Employer
NI
Contributi
ons
Total
£ £ £ £
Mr. K Khan Brother of
one of the
Trustees
Gross salary plus
Employer’s NI plus
Minimum Pensions
Contributions
made by the
Employer as per
legal requirements
33,600.51 1,008.09 3,505.09 38,113.69
Ms. K Khan Sister in law of
one of the
Trustees
21,432.00 642.96 1,763.31 23,838.27

Note 12 Audit exemption per Companies House Act

For the year ending 31 May 2022, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

Page 15 of 15