Registered Number: 07868726
MADINA EDUCATION LTD
Report of the Director and Unaudited Financial Statements
Period of accounts
Start date: 01 January 2024
End date: 31 December 2024
MADINA EDUCATION LTD Contents Page For the year ended 31 December 2024
| Company information | 3 |
|---|---|
| Director's report | 4 |
| Accountants' report | 6 |
| Income statement | 7 |
| Statement of financial position | 8 |
| Notes to the financial statements | 10 |
| Detailed Income Statement | 12 |
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MADINA EDUCATION LTD Company Information For the year ended 31 December 2024
| Director | Umair Syed QADRI |
|---|---|
| Registered Number | 07868726 |
| Registered Office | THE ACADEMY |
| WINGROVE LANE | |
| NEWCASTLE UPON TYNE | |
| Tyne and Wear | |
| NE4 9AZ | |
| Accountants | Orix Accountants Ltd |
| 88-89 West Road | |
| Newcastle Upon Tyne | |
| NE15 6PR |
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MADINA EDUCATION LTD Director's Report For the year ended 31 December 2024
Director's report and financial statements
The director presents his/her/their annual report and the financial statements for the year ended 31 December 2024.
Principal activities
Principal activity of the company during the financial year was of charitable ctivities.
Director
The director who served the company throughout the year was as follows: Umair Syed QADRI
Statement of director's responsibilities
The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the director is required to :
-
select suitable accounting policies and then apply them consistently make judgements and accounting estimates that are reasonable and prudent
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions
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MADINA EDUCATION LTD Director's Report For the year ended 31 December 2024
On behalf of the board.
Umair Syed QADRI Director
Date approved: 14 December 2025
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MADINA EDUCATION LTD Accountants' Report For the year ended 31 December 2024
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 December 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Orix Accountants Ltd 31 December 2024
....................................................
Orix Accountants Ltd 88-89 West Road Newcastle Upon Tyne NE15 6PR 14 December 2025
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MADINA EDUCATION LTD Income Statement For the year ended 31 December 2024
| Notes Turnover Cost of sales Gross profit Administrative expenses Operating profit Profit/(Loss) on ordinary activities before taxation Tax on profit on ordinary activities Profit/(Loss) for the financial year |
2024 £ 60,655 (8,846) |
|---|---|
| 51,809 (48,416) |
|
| 3,393 | |
| 3,393 0 |
|
| 3,393 |
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MADINA EDUCATION LTD Statement of Financial Position As at 31 December 2024
| Notes Fixed assets Tangible fixed assets 3 Current assets Cash at bank and in hand Net current assets Total assets less current liabilities Creditors: amount falling due after more than one year 4 Net assets Capital and reserves Profit and loss account 5 Shareholders' funds |
2024 £ 553,011 |
|---|---|
| 553,011 6,432 |
|
| 6,432 | |
| 559,443 (18,779) |
|
| 540,664 | |
| 540,664 | |
| 540,664 |
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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MADINA EDUCATION LTD Statement of Financial Position As at 31 December 2024
The financial statements were approved by the director on 14 December 2025 and were signed by:
Umair Syed QADRI Director
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MADINA EDUCATION LTD Notes to the Financial Statements For the year ended 31 December 2024
General Information
MADINA EDUCATION LTD is a private company, limited by shares, registered in , registration number 07868726, registration address THE ACADEMY, WINGROVE LANE , NEWCASTLE UPON TYNE, Tyne and Wear, NE4 9AZ.
The presentation currency is £ sterling.
1. Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the donations received from community.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 0 Reducing Balance
2. Average number of employees
Average number of employees during the year was 5.
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MADINA EDUCATION LTD Notes to the Financial Statements For the year ended 31 December 2024
| 3. Tangible fixed assets Cost or valuation At 01 January 2024 Additions Disposals At 31 December 2024 Depreciation At 01 January 2024 Charge for year On disposals At 31 December 2024 Net book values Closing balance as at 31 December 2024 Opening balance as at 01 January 2024 |
Land and Buildings £ 553,011 - - 553,011 - - - - 553,011 553,011 |
Total £ 553,011 - - |
|---|---|---|
| 553,011 | ||
| - - - |
||
| - | ||
| 553,011 | ||
| 553,011 |
4. Creditors: amount falling due after more than one year
| Private loan Profit and loss account Balance at 01 January 2024 Profit for the year Balance at 31 December 2024 |
2024 £ 18,779 18,779 2024 £ 537,271 3,393 540,664 |
|---|---|
5. Profit and loss account
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MADINA EDUCATION LTD Detailed Income Statement For the year ended 31 December 2024
| Turnover Donations Cost of sales Other Direct Costs Gross profit Administrative expenses Wages & Salaries Legal and Professional Fees (Allowable) Light, Heat & Power Bank Charges General Insurance Repairs & Renewals Stationery & Postage Telephone, Fax & Internet Operating profit Profit/(Loss) on ordinary activities before taxation Profit/(Loss) for the financial year |
8,846 | 2024 £ 60,655 |
|---|---|---|
| 60,655 (8,846) |
||
| 31,576 450 3,137 60 739 9,611 1,987 856 |
||
| 51,809 (48,416) |
||
| 3,393 | ||
| 3,393 | ||
| 3,393 |
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