## **CHARITY NUMBER: 1153757** ## **MIFTAHUL JANNAH ACADEMY** # **TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD** **1[ST] OCTOBER 2024 TO 30[TH] SEPTEMBER 2025** ## **MIFTAHUL JANNAH ACADEMY** ## **CONTENTS** ||Page| |---|---| |Legal and Administrative Information|1| |Trustees Report|2-3| |Detailed Statement of Financial Activities|4| |Balance Sheet|5| |Notes to the financial statement|6-9| |Independents Examiners Report|10| ## **MIFTAHUL JANNAH ACADEMY** ## **Legal and Administrative Information** |**Charity number**|1153757| |---|---| |**Company registration number**|N/A| |**Business Address**|70 EDINBURGH ROAD| ||WALTHAMSTOW| ||LONDON| ||E17 7QB| |**Trustees**|MR SHAFAT AHMED DHORAT| ||MAWLANA MOHAMED PATEL| ||MR AZIZ RAJE| |**Chief Executive**|MAWLANA MOHAMMED PATEL| 1 **MIFTAHUL JANNAH ACADEMY** ## **REPORT OF THE TRUSTEES** ## **FOR THE PERIOD ENDED 30TH SEPTEMBER 2025** The Trustees present their report with the financial statements of the charity for the year ended 30th September 2025. ## **Governing document and constitution** The charity is an unincorporated organisation formed by adoption of a trust deed dated 10th September 2013. The charity is registered with the Charity Commission for England and Wales with effect from 11th September 2013. (Registration No. 1153757). ## **Charity Trustees** The first trustees were appointed by the trust deed and hold office for life. Additional trustees are appointed for a term by the then trustees by a resolution passed at a meeting. ## **Governance** The charity is governed by trustees, who are responsible for the effective management of the organisation. Meetings are held on a regular basis. The charity does not have any subsidiaries or connected charitable undertakings. ## **Objects of the Charity** The principal objects of the charity are: - TO FURTHER THE RELIGION OF ISLAM, ACCORDING TO THE TEACHINGS OF THE NOBLE QUR'AN AND THE TEACHINGS OF THE PROPHET MUHAMMAD (PEACE BE UPON HIM); - TO FURTHER EDUCATION, BY MEANS OF, BUT NOT EXCLUSIVELY, THE PROVISION OF TRAINING, SUPPLEMENTARY EDUCATION, ADULT LEARNING CLASSES, LANGUAGE CLASSES, WORKSHOPS AND ACTIVITIES. - TO ADVANCE IN LIFE AND HELP YOUNG PEOPLE THROUGH: - THE PROVISION OF RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE. - PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS. - SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES SHALL FROM TIME TO TIME DECIDE. ## **Activities and Services report** In planning activities, the trustees kept in mind the Charity Commissioner’s guidance on public benefit at the meetings. The charity has established regular weekly Senior Ladies exercise sessions with participants from all faiths and backgrounds. The popularity of this service has led to an increase in awareness of the charity. More importantly, the sessions have fulfilled one of our most vital objectives in providing a service for Seniors to combat loneliness, lack of social inclusion and mental health problems. More 2 services will be introduced for this age group in the next 12 months, which will further benefit them physically, mentally and emotionally. Recreational activities such as weekly Women's Kickboxing have been a regular fixture since the opening of the charity premises. This service has continued over the past 12 months and benefitted the health and wellbeing of Women. The charity has organised and delivered several workshops for children. These included elements of arts and crafts, games, brain teasers, quizzes, prize giving and more. The purpose of these workshops have been to nurture and guide young children so they may develop and grow into valuable members of society. These workshops will continue and expand. The charity has established and runs after school classes for children to learn Arabic to develop their reading skills as well as understanding the language. The education is imparted systemically to ensure children at different stages of learning attain appropriate benefit. The classes are attended by children who live in the local neighbourhood of the charity. Qur'an classes for Adult men have been a mainstay of the charity. The regular weekly classes have offered the community an opportunity to learn the basic principals of reading and reciting the Noble Qur'an. Dedicated students have benefited tremendously from the class in the past 12 months and the charity will continue to provide a space for them to grow and improve. The Trustees aim to plan and deliver several new activities and services in the near future. Examples of this include Youth clubs, Counselling, social events and more. ## **Volunteers** The charity is grateful to have on board several dedicated volunteers for the delivery of its activities and services. Volunteers have been giving up their valuable time to help further charity aims and are an integral part of the charity. ## **Fundraising** The charity continues to actively work towards repaying interest free loans, currently totalling around £174,600. The loans taken for the purchase and refurbishment of the charity building have reduced considerably but the Trustees are fully aware that all remaining lenders must be repaid as soon as possible and are dedicated towards achieving this goal. ## **Risk Management** The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of controls over key financial systems, will provide sufficient resources in the event of adverse conditions. ## **Reserves Policy** It is the policy of the charity to maintain unrestricted funds at a level more than annual unrestricted management and administration expenditure. Unrestricted funds are maintained at least at this level throughout the year. Approved by the Charity Trustees on 07 July 2026 and signed on their behalf: ## ……Mohamed Patel..…………………… Mohamed Patel BSc MRICS 3 Honorary Chairman ## **MIFTAHUL JANNAH ACADEMY** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE PERIOD ENDED 30TH SEPTEMBER 2025** ||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Total**
**2025**|**Total**
**2024**| |---|---|---|---|---| |**Income from:**||||| |Donations|15,386|-|15,386|10,834| |Gift Aid|3,413|-|3,413|4,336| |Hall Hire|2,680|-|2,680|-| |Rental Income|14,600|-|14,600|12,500| |**Total Income**|**36,079**|**-**|**36,079**|**27,670**| |**Expenditure on Charitable Activities**||||| |Shop Costs|(6,181)|-|(6,181)|(4,216)| |Professional Fees|(200)|-|(200)|(1,400)| |**Total Expenditure**|**(6,381)**|**-**|**(6,381)**|**(5,616)**| |**Net Income before Other Recognised Gains**|**29,698**|**-**|**29,698**|**22,054**| ## **Other Recognised Gains** Revaluation gain on freehold property transferred to the Revaluation Reserve. |**Net Movement in Funds**|| |---|---| |Net income for theyear|29,698| |Revaluationgain transferred to Revaluation Reserve|210,000| |Total recognisedgains|**239,698**| ## **MIFTAHUL JANNAH ACADEMY** ## **BALANCE SHEET** **AS AT 30TH SEPTEMBER 2025** 4 |Fixed Assets|Fixed Assets|**Note**|**2026**
**(£)**|**2025**
**(£)**| |---|---|---|---|---| |Freehold Property||4|500,000|290,000| |**Total Fixed Assets**|||**500,000**|**290,000**| |||||| |Current Assets||||| |Cash at Bank|||9,677|4,379*| |**Total Current Assets**|||**9,677**|**4,379**| |||||| |Creditors: Amounts Falling Due After More Than
One Year||||| |Interest-Free Property Loan||5|(174,600)|(199,000)*| |*Restated following prior period adjustment.
**Net Assets**||||| |Total Assets Less Liabilities|||**335,077**|**95,379**| |**Charity Funds**||||| |General Unrestricted Fund|9||125,077|95,379| |Revaluation Reserve|9||210,000|-| |**Total Charity Funds**|||**335,077**|**95,379**| These financial statements were approved by the Trustees on…7 July 2026…………and signed on their behalf by: ## ……Mohamed Patel..……………………………………. Mohamed Patel BSc MRICS Honorary Chairman The accompanying notes form part of these financial statements. 5 ## **MIFTAHUL JANNAH ACADEMY** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE PERIOD ENDED 30TH SEPTEMBER 2025** ## **1. Accounting Policies** ## **Basis of Preparation** The financial statements have been prepared in accordance with: - the Charities Act 2011; - the Charities (Accounts and Reports) Regulations 2008; - the Statement of Recommended Practice: _Accounting and Reporting by Charities_ (FRS 102); - Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ . The financial statements have been prepared under the historical cost convention as modified by the revaluation of freehold land and buildings. The charity constitutes a public benefit entity as defined by FRS 102. ## **Going Concern** The trustees have assessed the charity's financial position and are satisfied that adequate resources exist to enable the charity to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on the going concern basis. ## **Fund Accounting** General funds comprise unrestricted funds available for use at the discretion of the trustees. The Revaluation Reserve represents unrealised gains arising on the revaluation of tangible fixed assets and is not available for general expenditure. Restricted funds represent income received for specific charitable purposes and are separately identified where applicable. ## **Income Recognition** Income is recognised when: - the charity is entitled to the income; - receipt is probable; and - the amount can be measured reliably. Gift Aid is recognised when the charity is entitled to the claim. Rental income is recognised over the period to which it relates. Hall hire income is recognised when the facilities are provided. 6 ## **Expenditure** Expenditure is recognised on an accruals basis. Costs are recognised when a legal or constructive obligation exists. Capital repayments of loans are not recognised as expenditure but reduce the outstanding liability. ## **Tangible Fixed Assets** Freehold land and buildings are included at valuation. The property comprises a community hall together with a residential flat which generates income to support the charity's charitable activities. The trustees consider the property to be occupied principally for charitable purposes and accordingly it is accounted for as an operational property. The property was independently valued during the year. The resulting increase in value has been recognised in accordance with FRS 102. |**2. Income**|**2025**|**2025**|**2025**|**2024**|**2024**| |---|---|---|---|---|---| ||**£**|||**£**|| |Donations|15,386|||10,834|| |Gift Aid|3,413|||4,336|| |Hall Hire|2,680|||-|| |Rental Income|14,600|||12,500|| |**Total Income**|**36,100**|||**27,670**|| ||||||| |**3. Charitable Expenditure**||**2025**|||**2024**| |||**£**|||**£**| |BuildingCosts||6,181|||4,216| |Professional Fees||200|||1,400| |**Total**||**6,381**|||**5,616**| ||||||| |**4. Tangible Fixed Assets**|||**Freehold**
**Property**||| |Valuation at beginningofyear|||290,000||| |Revaluation during year|||210,000||| |**Valuation at end ofyear**|||**500,000**||| The freehold property was independently valued during the year. The property comprises a community hall together with a residential flat. The residential flat is let to generate income which supports the charity's charitable activities. ## **5. Creditors** 7 Amounts falling due after more than one year ||**2025**|**2024**| |---|---|---| ||**£**|**£**| |Interest-freeprivate loans|174,600|199,000| |**6. Loan Reconciliation**|**£**| |---|---| |Original loan obtained|290,000| |Capital repayments inprioryears|(91,000)| |**Restated opening balance**|**199,000**| |Capital repaid duringcurrentyear|(24,400)| |**Closing balance**|**174,600**| The loan is interest-free. Capital repayments are recognised as reductions in creditors and are not charged to expenditure. ## **7. Prior Period Adjustment** During the year the trustees identified that capital repayments made in previous accounting periods had not been reflected in the carrying value of the interest-free property loan. Accordingly: ||**£**| |---|---| |Reduction in long-term creditors|91,000| |Increase in unrestricted funds|91,000| Comparative figures have been restated. ## **8. Revaluation Reserve** ||**£**| |---|---| |Openingbalance|-| |Revaluationgain|210,000| |Closingbalance|**210,000**| The reserve represents unrealised gains arising from the independent valuation of the charity's freehold property. |**9. Movement in Funds**|**General**
**Fund**|**Revaluation**
**Reserve**|**Total**
**Funds**|| |---|---|---|---|---| 8 ||**£**|**£**|**£**| |---|---|---|---| |OpeningBalance(aspreviouslyreported)|4,359|-|4,359| |Prior Period Adjustment|91,020|-|91,020| |**Restated Opening Balance**|**95,379**|-|**95,379**| |Net income for theyear|29,698|-|29,698| |Propertyrevaluation movement|-|210,000|210,000| |**Closing balance**|**125,077**|**210,000**|**335,077**| ## **10. Trustee Remuneration and Expenses** No trustee received remuneration during the year. ## **11. Related Party Transactions** There were no related party transactions during the year. ## **12. Employees** The charity had no employees during the year. ## **13. Independent Examination** The financial statements have been subject to an independent examination in accordance with section 145 of the Charities Act 2011. The independent examiner's fee for the year was **£200** . ## **Examiners Report** 9 CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examinerfs report on the accounts Section A IndeJeiident Examiner's Report R•port toth• tru¥tMs1 MIP IAHUU ACADEMY Charlty no Illaryl 11537 Si S•t outon p49 I reporrto tt* tlU5tee5 on my exarnlnation of Iho act￿nts01 ab chwty llh8 Trust") forts ye4rend8d 30 - og- L(> LS R•4ponslbllll1•s And A$ the chantytNstse& ofihe TNst, you are resp>BSb* f¢rthe prepwa bas18 of ropm ofthe accounts In ac￿r￿an¢t wilh the r4uir￿￿nts ofthe Chwitie5 Act 2011 Iyhe ALtI. I roport in respect of my ex8minath?n oltheTrusfs aC￿nIS c￿lerf out under section 145 of the 2011 Act and in carying out my examination. I have followed the applicab￿ Oireclon$ gwen bythe Charty ¢onW86iOft under sed￿ 145lSllbl ofthe Act. I have ￿n￿leted rny exarnin8tion. l o)rfmi that no material matter8 ha com8 to my &tt¢ntion Idh8r Ihan th8t d￿￿osed tébw") In connecti)n *ilh tho examinat￿ g￿88 ¢ause to that n, sny materlal Indèp•ndent •xamlneVs statèment aco)unting records ware kept in actsydanc*with soctioTr 130 cl the Act or the XD)unts do ncl xcord with thg r￿OrdS I have no concerns and have come across no Olher matter5 In cOnn￿t Ith th8 examinati￿ towhth attention shoukl be ¥jral￿ in orderto en8bl• prcper understandlng oflhe ac£ounts to be r8¥W. ' Pl8ase d61trie the sy0￿$ in th• bracket5 rftheydo nDI awy. Slgrwl: 14•m•: Pi(5 (>itrfe A CCI¥ R•I•V•￿ prof•8olonwl quaiinuWonl•l or body 151 aryl.. AocA lis IER Octob•r2018 io Section B Disclosure Only Kthe exwnlner needs tts huhlvjhl m8tt8rs ofeortern (see CC32, Indepen¢Jent•xaminats"on of 8co)unts." dIreCt￿n5 8nd guhYanc8 for examine¢¥i. G￿ h•r• brlof d•tall8 01 •ny ftem¥ that the •xthlnwwlsh•s to dl8clo88. IER October 2018 li