CHARITY REGISTRATION NUMBER: 1146612
Islamic Education Trust
Unaudited Financial Statements
31 March 2025
F BADAT
ART
Chartered Certified Accountants
154 Melbourne Road
Leicester
Leicestershire
LE2 ODT
TIFIE

Islamic Education Trust
Financial Statements
Year ended 31 March 2025
Page
Trustees, annual report
Independent examiner's report to the trustees
Statement of financial activities
Statement of financial position
Notes to the financial statements
10
11

Islamic Education Trust
Trustees, Annual Report
Year ended 31 March 2025
The trustees present their report and the unaudited financial statements of the charity for the year
ended 31 March 2025,
Chair's report
The trustees present Iheir report and the financial Siatements for the year ended 31 March 2025. The
trustees and oflice bearers who served during the year and up to th6 dale of this report are set out
below.

Islamic Education Trust
Trustees, Annual Report (¢onllnu8d)
Year ended 31 March 2025
Reference and adminlstrative details
Reglstered eharlty name
Charlty registration number
Principal off ice
Islamic Education Trust
1146612
3-13 Keythorpe Street
Leicester
LE2 OAL
The Irusiees
AKM Gheewala
MFM Mulla
MSE Mulla (Treasurer)
Islamic Education Trust is an unincorporated Charity and the business address is 3-13 Keyihorpe
Street, Leicester LE2 OAL which is also the registered office. The following are the trustees who served
during the year ended 31 March 2025 till 10-dale are as follows:
Abdukkarim M Gheewala (President)
Enayalulla Khan Pathan Ivlce President)
Mohammed Faruk Mulla (Secretary)
Adam Yusuf Sabat
Fakir Ahmad GA Gheewala
Abubaker Mohamed Faruk Mulla
Miya Ahm8d HM Mulla
Mohamed Ghari
Ismail Ibrahim Mulla
The following are the office bearers but not trustees except Adam Yusuf Sabat who is a irustee, and
took keen part in the management of Islami¢ Education Trust:
Shoiab Haji (Iniernal Auditor)
Mohamed Soyabe Ebrahim Mulla (Treasurer)
Adam Yusul Sabat (Madrasha Secretary)
Company secretary
Independent examlner
Mohamed Faruk Mulla
Yusuf Badal FCCA Chartered Certified Accountant
154 Melbourne Road
Letcester
Leicestershire
LE2 ODT

Islamic Education Trust
Trustees, Annual Report (¢ontlnuedJ
Year ended 31 March 2025
Structure, governance and management
Islamic Education Trust
Report of the trustees for the year ended 31 March 2025
The trustees of Ihe Islafflic Education Trust (IET} present their report and the financial siatements for
the year ended 31 March 2025. The truslees who served during the year and up to the dale of this
reporl are set out on page 1 - 2.
Structure, governance and management:
Assalamualaykum Warahmatullahe Wabarakatohu
The Trusiees have pleasure in presenting their report for the year ended 31 March 2025 in accordance
with the Charity Commission's recommendations and guidelines.
Status & Administration & Responsibilities & Obligations:
The IET continues to operat6 in a safe environment following COVID ensuring the health and wellbeing
of Ihe users of the facilities of IET Is at the forefront. Heallh and safety risks are continually assessed
by the elected Executive Committee who manage the day-to-day operations of the IET, and any
mitigating actions are implemented to minimise ihe risks to public safety.
In addition, the Madressa supplemeniary school continues to thrlve post COVID wilh over 400 children
attending in the evening, ranging from 5 10 18 years in age wlth a stafl compliment of 25.
We remain actively engaged wilh olher community and faith groups in the city in sharing good
practices and in organising support for Ihe vulnerable individuals and groups. We remaln grateful 10 all
our communities. our congregations and volunteèrs for their assistance, sUPPOrt and cooperatlon
during Ihis year.
By the grace of Almlghty Allah, the Trust is operating as a vibranl organisation in making community
services provislons. The elected executive council remains responsible for the day-lo-day operational
management and decisions. The monthly EC meeting cycle has been proved very successful and
effective in managing all our activities. We are pleased to report that Ihe participaiion ol EC members
and trustees to these meetings have remalned sleadfasl in the provision of their voluntary services.
Many young trust members have started shadowing the office bearers, a practice introduced to
encourage young members to be active in learning as well as increasing ownership of the programmes
and activities. This has been very successful in generating new ideas and programmes for the Trust on
one hand. and on the othèr hand ivs assisting in developing a second line of young leadership. This
Partnership working has been proved successful, The Trust has benefitted from the younger
generation in implementing their suggestions to bring the organisalion more in line wilh prolessional
etiquette and practices.
We review our objectives and activilies regularly ensuring compliance with the Charty Commission's
general gui(lance. In addition, the review assists us in ensuring that all our programmes and activities
remain aligned to our stated & agreed objectives & purposes.
Risk Management..
The trust operates its accounts with leading banks lo minimise disruption and risk. The Trust does not
have any investmeni Portfolio. However, we have two properlies, one at 4 Wilson Slreel and second
one at 13 Garendon Street. Both these properties are rented out generating regular monthly income

Islamic Education Trust
Trustees, Annual Report (¢ontinued)
Year ended 31 March 2025
for the Trust. The tenant occupancies remain high and the properties never remain unoccupied. We
continue lo respect the donor's wishes fully and income generated is being used accordingly.
We have ongoing review of the risks which charity faces in respect of the sector in which it operales
and p13n to manage such risks and mitigate their effects.
Responsibilities of the Trustees".
The EC takes safeguarding (Adults & Children) very serlously. The policy stalements are prepared and
endorsed in addition to DBS checks tor the key office bearers who come into contacts with young
children. All stafl are trained in saleguarding and refresher training occurs annualty for the staff who
are in regular contacl with children. The EC also takes legal framework very seriously in complying with
existing legislative obligations for the charilable organisation like the Trust. There is always an an
ongoing review ol our policies and procedures ensuring that new guidance is taken seriously and that
our policies and procedures are aligned to Ihe most current requirements.
Objectives and actlvltles
Trusi Charity Objectivès:
The object of the charlty is to advance the Islamic Religion
Including offering prayer facilities,
conducting marriage ceremonles, supporting Musllm burial facillties, education of chlldren become
better muslim6 and citizens, organise adult education classes, deliver lectures covering Islamic
subjects, engage with other tailhs in the city and Gounty ol Leicestershire iowards promoting racial and
religious harrnony, organise youth programs, and help io relieve the poor and disadvantaged groups in
in hospitals and poor economic conditions across the world,
These objectives are well reflected in all our programmes and activlties.
Principle policy to guide our work in achieving the Charity Objectives:
To establish a Masjid for prayer facilities in accordance with the Islamic teachings oflering public space
for worshippers in a safe, peaceful and appealing environment. A space where seNice users Gould
pray and meditate in discharging their obligatory and secondary religious activities.
Continuing with principle policy to guide our work In achieving the Charity's Objectlves:
To establish Madrasah (school} in offering safe and secure learning environment for young people and
the older generation and other ancillary buildings to be used lor achi8ving the same objectives In
providing communlly services in line wilh the Trust objectives.

Islamic Education Trust
Trustees. Annual Report (continu￿)
Year ended 31 March 2025
Achlevements and pertomiance
Achievements and performance:
Activilies and achievements:
The charity is managed and run by the group of commttted volunteers, who offer Iheir lime and
expertise with religious commitments. The Trust repr8senlalives have always remained on the
forefront in actively participaling with statutory organisations and voluntary sector groups in addressing
the issues allecting Leicesler communily.
Report of the trustees for the year onded 31 March 2025
Charty's performance during the year..
Tho list of programmes and activities for tho year is too long, but following outlines the broad spectrum
of our work:
Management and running of the mosque.
Masjid Al Falah offers daily five times prayars and Friday prayers, Islamic marriage ceremonies.
regular education programs and rnonthly youth programs, holding mosque open days lor visitors of all
backgrounds io help promote a better underslanding of our fatth and organising Iftaar evenings
(breaklng fast al sun sei in the month of Ramadan) for people of different failhs as well as people of no
failh.
Management and running of the Madrasha Falahe Darain:
Islamic education facilities are catered for CiTca 400 ehildren - boys and girls with the age range group
of 5 to 18 years laught by 25 qualified mÈmbers ol staff-both mal6 and female. Additionally, our young
students actively participate in selecting & supporting a charity ol thoir ehoice evary year. They also
take part in sporting activities for young children in parlnership with the Khidmah organisation and
other Youth groups partnership with the Khidmah organisation and olh6r Youth groups.
Adult Islamic 9dueation classes for men and women:
Men and women have benefilted from the classes who wanted to learn more about Islam and those
who have also been lagging behind in acquiring the knowledge of basic tive pillars of Islam and
Quranic teachings. Numbers have ranged from 12 to 25 people per session throughout the year.
Representation & affiliation with Other Organisalions..
The charity is also affiliate member of other organisations and liaises wilh Ihose t)odies in promoting
good community cohesion and race relation5. 11 works wilh people of all faiths or no faith and with
people of different race backgrounds. It works closely with Federation of Muslim Organisalion, Council
of Faith Leicester, Federation of Indian Muslim Organisation and Muslim Council Of Brilain and Muslim
Burial Council Of Leiceslershire (MBCOL) & Indian High Commission, in addition to working closely
with olher mosques and madrèssas to align its religious and education activities. Masjid nolice board
has remained a popular tool for disseminating information for community use.
Charity Assets..
Main Charity Asseis:

Islamic Education Trust
Trustees, Annual Report {conllnuedJ
Year ended 31 March 2025
3-13 Keythorpe Slreet.
The principal property at 3-13 Keylhorpe Street, Leicester comprises of the Masjid and Madrasah
facililies.
Other Buildings owned by the Charity:
The building at 4 Keythorpe Street is used for Madrasah activities as well as for women's educational
classes. The property at 8-10 Wilson Street is being used as an educalionall Madrasah centre for girls.
Also. the property is regularly used for community based activilies.
Investment Property".
The houses at 4 Wilson Sireet and at 13 Garendon Street are on rent for family accommodation
generating income for the Trust. The values of the properties in the balance sheet reflect the historical
cost value,
Islamic Education Trust
Rep)rt of the trustees for the year ended 31 March 2025
Concluding remarks regarding achievements and pertormance".
The Islamic Education Trust (Leiceslerl has enjoyed a good repulation and managed to creat6 a
positive prolile within the Leicester community, delivering on its organisalional objectives and providing
an essenlial service lo the community. We remain quite focused on our objectives and purposes In
designing our programmes and activities. We promote active participation of community volunteers
and take regular feedback from service users, We thank all our service users for their cooperation and
Support, our supporters & volunteers for their dedicated help and all the trustees and executive council
lor Iheir commiiments and contributions in making the year a successful one. We as trustees pray for
all and sincerely hope that your cooperation will continue as be*ore, enabling us io conlinu& providing
valuable community services through the Trust.
Wassalam

Islamic Education Trust
Trustees, Annual Report (contlnued)
Year ended 31 March 2025
Flnancial revlew
This is the eleventh report presented for the year endecl 31 March 2025 in charity format
Total incoming and oulgoing resources:
Total income for the year was £260,311 (last year £225,615)
Total spent for the year was £257,567 (last year £243,072)
Prolit for the year was £2,744 (last year1£17,457))
The above expenses includes depreciation cost and incoming resources includes rental Income of
£16,300 {last year £16,040)
Inveslment Incom&:
Gross rental receipts for the current year was £16,300.
Incoming Resources-voluntary income:
Donations received were £102,196 (last year £79,822)
Activities for Gengraling lunds-madrasha fees-
Gross madrassah fees received was £137,035 (last year £123,208)
Activities for Generating Funds-Book Shop
8ookshop sales was £1,780 (last year £2,945)
Resources Expended on aclivilies..
Ustad wages and expenses was £163.584 (last year £127,758)
Bookshop purchases was £299 (last year £4,974)
Governance Cost..
Governance cost was £66,511 Including depreciation (last year £66,973)
The trustees. annual report was approved on 5 December 2025 and signed on behalf of the board of
trustees by:
AKM Gheewala
Trustee
MFM Mulla
Trustee
MSE Mulla {Treasurer)
Tru51ee

Islamic Education Trust
Independent Examiner's Report to the Trustees ol Islamic Education Trust
Year ended 31 March 2025
I report to the trustees on rny examination of the financial statements of Islamic Education Trust ('Ihe
charity'l lor the year ended 31 March 2025.
Responslbllitles and basis ol report
As the trusiees of the charily you are responsible for the preparation of the financial siatemenls in
accordance with the requirements of the Charities Act 2011 (Ihe Act,).
I report in respect of rny examination of Ihe charitws financial statements carried out under section 145
of the 2011 Act and in carrying out my examinalion I have followed all the applicable Directions given
by the Charity Commission under section 145{5}(b) of Ihe Act.
Independent examlner's statement
Since the charity's gross income exceeded £250.000 your examiner must be a member of a body
listed in 98clion 145 of the 2011 Acl. I confirm that l am qualifi8d lo undertake thg examinallon
becaljse l am a member of the Association of Charlered Certilied Accountants, which is one of the
listed bodles.
I have completed my examination. I confirm that no maierial matters have corne to my attention in
connection with the examination giving me cause to believe that in any material respect:
accounting r8cords were not kept in respect of the charity as required by sgction 130 of the
Act; or
the financial statements do not accord with those records. or
the financial statemenls do not comply with the applicable requirements concerning the form
and content ol accounls set out in the Charities {AcGounts and Reports) Flegulations 2008
ottter than any requirement thai the accounts give a 'true and tair, view which is not a matier
considered as part of an Independent examination,
I have no concerns and have come across no Other matters in conneciion wilh th8 examination to
which aiienlion should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Yusut Badat FCCA
Chartered Certified Accountant
Indépendent Examiner
154 Melbourne Road
Leicester
Leicestershire
LE2 ODT

Islamic Education Trust
Statement of Financial Activities
Year ended 31 March 2025
2025
Unrestricted
funds Total funds Total funds
2024
Note
Income and endowments
Donations and legacies
Othei trading activities
Investmenl income
Total income
102,196
141,815
16,300
260,311
102,196
141,815
16,300
79,822
129,753
16,040
225,615
260,311
Expendlture
Expendilure on raising funds:
Costs of raising donations and legacies
Costs of olher trading activities
Expenditure on charitable activities
Total expendiiure
27,172
163,884
66.511
27,172
163,884
66,511
43,367
132,732
66.973
9.10
257,567
257,567
243,072
Net Incomel(expendlture) and net movement In f unds
2,744
2,744
117,4571
Reconclllaiion ol funds
Total funds brought forward
Total funds carrled forward
1,465,986
1,468,730
1,465,986
1,468,730
1,483,443
1,465,986
The statement of financial activities includes all gains and losses recognlsed in the year.
All income and expendilure derive from continuing aGtivilies.
The notes on pages 11 to 18 lorm part of these flnancial statements.

Islamic Education Trust
Statement of Financial Position
31 March 2025
2025
2024
Flxed assets
Tangible fixed assets
Note
15
1,364,019
1,313,902
Current assets
Debtors
Cash at bank and in hand
16
2,247
103,139
105,386
1,222
151,537
152,759
Creditors: amounts falling due wlthln one year
Net current assels
Total assets less currenl Ilabllltles
Net assets
17
675
675
104,711
152,084
1,465,986
1,465,986
1,468.730
1,468,730
Funds ol Ihe charlty
Unrestricted funds
Total Charity funds
1,468.730
1,468,730
1,465,986
1,465,986
19
Thes8 Ilnancial siatements were approved by th6 board of Irustees and authorised for Issue on 5
December 2025, and are slgnad on behalf of tha board by:
AKM Gheewala
Trustee
MFM Mulla
Truslee
The n￿eS on pages 11 to 18 lorm port ol these Ilnancial statements.
10

Islamic Education Trust
Notes to the Financial Statements
Year ended 31 March 2025
General information
The charity is a public benefit entity and a registered charity in England and Wales and is
unincorporated. The address o* the principal o*fice is 3-13Ke￿h0rpe Street, Leicesler, LE2 OAU.
Statement ot compllance
These financial statements have been prepared in compliance wtth FRS 102, 'The Financial
Reporting Standard applicable in Ihe UK and the Republic of Ireland,, the Stalement of
Recommended Practice applicable to charities preparing iheir accounis in aceordanee with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 1021) and the Charities Act 2011.
Accountlng pollcies
Bas1$ of préparatlon
The financial statements have been prepared on Ihe historical cost basis, as modified by the
revaluation of certain linancial assets and liabilities an(1 investment properties measured at fair
value through income or expenditure.
The financial statements are propared In sterling, which Ss the functional currency of the 6ntity.
Golng concern
Ther8 are no material uncertainties about the charity's abillty to continue.
Judgements and key soure88 ot estlmation uncertalnty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are conlinually reviewed and are based on experience and other factors. including expeclalions of
future events thai are believed to be reasonable under the circumslances.
Fund accountlng
Unrestricted funds are available for use at the discretion of the irustaes to further any of the
charity's purpos8S.
Designated funds are unrestrict8d funds earmarked by the Irustees for particular future projeci or
cornmilment.
Restrlcted funds aro subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or
endowment funds.
11

Islamic Education Trust
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Accounling policies (contlnued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity; it is probable that the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular calegories of income:
incom6 from donations or grants is recognised when there is evidenc8 of entitlemenl lo the
gift, receipt is probable and its arnount can be measured reliably.
legacy income is recognised when receipt is probable and entillement is established.
Income trom donated g¢)ods is measured at the fair value of the goods unless this is
Impracllcal lo measure reliably, in which case Ihe value Is derived from Ihe cosl to the donor
or the estimated resale value. Donaied facilities and services are recognised in the accounts
when re￿1ve(l il the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply ol services is recognised with the delivery of the
contracied service. This is classilied as unrestricted funds unless there is a contractual
requirement lor it lo be spent on a particular purpose and returned rf unspent, in which case
it may be regarded as restricted.
Resources expendad
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
tlnancial activities to which il rèlates:
expenditure on raising lunds includes the costs of all fundraising activities, events, non-
chariiable trading aclivilies, and the sale of donated goods.
expenditure on charitable a¢iivities includes all costs incurred by a charity in undertaking
activilie5 thai further its chariiable aims for the benelit of its beneficiaries, Including ihose
support costs and costs relating io the governance of the charity apportioned to charitable
aciivities.
other expenditure includes all expenditure that is n9ither r8lated to raising funds for the
charily nor part of its expenditure on chariiable activilies.
All costs are allocated to expenditure categories reflecting Ihe use of the resource. Direct costs
attributable to a single activity are allocated difeclly to that activity. Shared costs are apportioned
between Ihe actFvities thoy contribute to on a reasonable, justifiable and consisient basis.
Tanglble assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at Ihe date of revaluation less any subsequont
accumulated depreciation and subsequent accumulated impairment losses.
12

Islamic Education Trust
Notes to the Financial Slatements (conlinued)
Year ended 31 March 2025
Accounting policles (¢ontlnued)
Tangible assets (contln(tsdJ
An increase in the carrying amount of an asset as a result of a revalualion, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount ol an assel as a result of revaluation, is recognised in olher recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
olher recognised gains and losses on Ihe statement of financial activilies.
Depreclatlon
Depreciation is calculated so as to write off the cost or valuation of an asset, lass Its residual
value, over the useful economic life of Ihat asset as follows".
Freehold property - Solar
Panels
Fixlures and fittings
40/0 Straight line method125 Years)
l Owa reducing balance
Impalrment ol fSxed assets
A review for indicators of impairment is carried out at ea¢h reporting date, with the recoverable
amount being estimated where such indicaiors exist. Where the carrying value exceeds the
recoverable amount, thè ass81 Is impaired accordingly. Prtor impairments are also reviewed for
possible reversal at each reportlng date.
For Ihe purposes of impairment testing, when it Is noi possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the cash-
generating unit io which the asset belongs. The cash-generating unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows Ihal largely independenl of the
cash inflows from other assets or groups of assets.
For impairment testing o* goodwill, the goodwill acquired in a business combination is, Irom the
acquisition date, allocated to each of the cash-generating units thai are expected to benefit Irom
the synergies of the combination, irrespeclive ol whether other assets or liabilities of the charity
ar8 assigned to those units.
13

Islamic Education Trust
Notes to the Financial Slatements (contlnuedj
Year ended 31 March 2025
Accountlng pollcles (conllnu￿)
Financial instruments
A financial asset or a financial liabilty is recognised only whan the entity becomes a party to the
contractual provisions of the instiument.
Basic financial instruments are initially recognised al the amount receivable or payable including
any related transaction Costs, unless the arrangement constitutes a financing Iransaclion, where it
is recognised at the present value of the future paymenls discounted al a market raie ol interest
for a similar debl inslrumenl.
Current assets and current liabilities are subsequently measured at the cash or othef
consideration expected to be paid or received and not dSscounted. Debl inslruments are
subsequently measured ai amortised cost.
Where investments in shares or prelerence shares are publicly traded or their fair value can
otherwise be measured reliably. the investment is subsequently measured at fair value with
changes in fair value recognised in income and expenditure. All other such investments are
subsequently measured at cost less impairment.
Olher linancial inslruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed al a rate ol interest
thai is noi a market rate, in which case th8 asset is measured at th6 present value ol the future
payments discounted at a market rate of interest for a similar debl instrument.
Other financial instruments are subsequenlly measured at falr value, with any changes
r8cognised in profit or loss, with the exception of hedging insirumenls in a designaied hedging
relationship (see hedge accounting policy).
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting dale. If there is objective evidence ol impairment, an
impairment Ioss 18 recognised under the appropriate heading in the statement of financial
activities in whlch the initial gain was recognised.
For all equity instrumenis regardless of signilicancÈ, and other financial assets that are
individually significant, these are assessed individually for Impairment. Other financial assets are
èilher assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, lo Ihe extent that the reversal does noi
result in a carrying amount of the financial asset thal exceeds whal the carrying amount would
have been had the impairment noi previously been recognised.
Currently the charity is a small one and does noi deal in complex Ilnancial inslrumenls.
Doflned contribuiion plans
Contributions to defined contribution plans are recognisèd as an expense in Ihe period in which
the related serviGe is provided, Prepaid contributions are recognised as an asset to the exlenl
that Ihe prepayment will l@ad to a reduction in future payments or a cash refund.
14

Islamic Education Trust
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
Accountlng pollcles (conllnu8d)
Defined contribution plans (contlnued)
When contributions are not 8xpected to be sottled wholly within 12 months ol the end ol the
reporting date in which the employees render the related service, the liability is measured on a
discounted present value basls. The unwinding ol the discount is recognised as an expense in
Ihe period in which il arises.
Donations and legacles
Unrestr5cted Total Funds Unresiricted Total Funds
Funds
2025
Funds
2024
Donatlon8
L)onations
99,356
99,356
78,916
78,916
Other donallons and legacles
Other donations- Gift Aid
2,840
2,840
906
906
102,196
102,196
79,822
79,822
Other trading acllvltles
Unresiricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Madréssa Fees receipts-activity 1
Kitaab Sales
Other income from other tradlng
actlvities type 3 - Nikah Fees
137,035
1,780
137,035
1,780
123,208
2,945
123.208
2,945
3,000
141,815
3,000
141,815
3,600
129,753
3,600
129,753
Investment Income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Income from investment properties
Other interest receivable
15,700
600
15,700
600
14,880
1,160
14,880
1,160
16,300
16,300
16,040
16,040
Costs of ralslng donatlons and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Costs of raising donations and legacies
Donations
27,172
27,172
43,367
43,367
15

Islamic Education Trust
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
Costs of other trading activllies
Unreslricted Totsl Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Costs of other trading activities - Shop
costs
163,884
163,884
132,732
132,732
Expandlture on charltable acllvltl8s by fund type
Unrestricted Total Fund8 Unreslricted Total Funds
Funds
2025
Funds
2024
Support cosis
66,511
66.511
66,973
66,973
10. Expendlture on eharStable aeiivitles by actlvlty lype
Toial lunds
2025
Support costs
Total fund
2024
Governance cosls
66.511
66,511
66,973
11. Nei Incomel{expendlture)
Net incomel(expenditure} is staled after charging/(creditingl'.
2025
2024
Depreciation of tangible lixad ass6ts
2.199
12. Independeni examlnatlon fees
Fees paid to the Independent examiner was agreed at £675
13. Staff costs
The total staff costs and employee benefits for Ihe reporting p8riod are analysed as follows..
2025
2024
Wages and salaries
Employer contributions to ponsion plans
22,540
1,260
25,840
1,332
23,800
27,172
Staff cosis under governance was £22,540
The average head count of employees during the year was Nil (2024: 27),
No employee received employee benefits of more than £60,000 during the year {2024.' Nill.
16

Islamic Education Trust
Notes to the Financial Statements (continued)
Year ended 31 March 2025
14. Trustee remuneratlon and expenses
No remuneraiion or other beneftts from employment with the charity or a related party were
received by the trustees.
15. Tangible fixed ass61s
Freehold Fixtures and
property
fittings
Total
Cost
At 1 April 2024
Additions
1.278,049
54.970
101,943
1,035
1,379,992
56,005
At 31 March 2025
Depreclatlon
At 1 April 2024
Charge for the year
At 31 March 2025
Carrylng amount
At 31 March 2025
At 31 March 2024
1,333,019
102,978
1,435,997
69,779
69,779
2,199
2,199
2,199
69,779
71,978
1,330,820
1,278,049
33,199
32,164
1,364,019
1,310,213
16. Debtors
2025
2024
Prepayments and accrued income
2,247
1,222
17. Cr￿lIorS. amounts falllng due wlthln one year
2025
2024
Accruals and daferred income
675
675
18. Pensions and other post rellrement beneflls
Deflnad contribution plans
The amount recognised in income or expenditur8 as an expense in r&lation to delined
contribution plans was £1,260 (2024: £1,332}.
17

Islamic Education Trust
Notes to the Financlal Slatements (continued}
Year ended 31 March 2025
19. Analysls of charitable funds
Unreslricted funds
At
31 March 202
At
1 April 2024
Income Expenditure
General funds
1,465.986
260.311
(257,567)
1,468,730
Al
31 March 202
At
1 April 2023
Income Expenditure
General funds
1.483,443
225,615
{243,072) 1,465,986
20, Flnanclal instruments
The Charity is very small and does not deal in complex financial instruments,
18