Company registration number.. 08004087
Charity registration number: 1155025
Paradise RIDA School Trust Ltd
(A company limited by guarantee}
Annual Report and Financial Statements
for the Year Ended 31 August 2024

CONTENTS
REFERENCE AND ADMINISTRATIVE DETAILS.. ...............................................................................
TRUSTEESJ REPORT................. ...........................................................................................-........
REPORTOFTHE INDEPENDENT AUDITORS................................
STATEMENT OF FINANCIALACTIVITIES.................... ........................ ....................................
BALANCE SHEET................,,...................................................................................... . ............. 14
STATEMENT OF CASH FLOWS............................................................
13
16
NOTES TOTHE FINANCIALSTATEMENTS.................................................................,................... 17

Paradise RIDA school Trust Ltd
Reference and Administrati¥e Details
REFERENCE AND ADMINISTRATIVE DETAILS
Dlrector and Trustees
The directors of PaTadi5e RIDA School Trust Ltd, who are its trustees for the purpose of charlty13w. present the
annual ieporl ol the chariiable company for the year ended 31 August 2024.
The directors and trustees servlng durlng the yeai and subsequent to year end were as follows..
Name
Companles House
Charlty Commlsslon
Yaslr Patel
Dlrector
Trustee
Y Gajra
Dlrector
Trustee
N Patel
No role
Trustee
H Khatlb
No role
Trustee
Afsana Patel
Reslgned as Dlrector on 26 November 2024
Trustee
Resigned as Dlrecror on 24 October 2024
Trustee
A Mitha
Resigned as Director on 24 October 2024
Trustee
Yusuf Patel
Reslgned as Olrector on 22 (ktober 2024
Trustee
R Abdullah
Re518ned as Dlrector on 22 October 2024
Reslgned
A A Patel
Resigned as 0Srettor on 31 August 2024
Reslgned
Princlpal Ofllce and
Re8lstered Ofllce
l Bretton Street
Dewsbury
WF12 9BB
Company Registratlon Number..
08(KJ4087
Charlty Registration Number:
115502S
Audltors..
A Kllner Johnson Ltd
Network House
Slubs Beck Lane
aeckheaton
BD19 4
Webslte..
www.par3dise5thool.org.uk

Paradlse RIOA School Trust Ltd
Trustees, Report
TRUSTEES. REPORT
The trustees, some of whom are also the dlrȢtors of the charity for the purpose of the Companles Act 2LM)6,
present their report with the audited financial statements of the charity for the year ended 31 August 2024.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financlal position of the charlty and to enable them to ensure that the financial Statements
comply with the Companle5 Act 2006. The trustee5 are also responsible for safeguardlnE the assets of the
charlty and hence taklng ieasonable steps lor the preventlon and detection of fraud and other irregularities.
The flnancial statement5 comply with the Charities Act 2011, the Companles Act 2006, the Memorandum and
Articles ol AssocSatlon, and Accountlng and Reportlng by Charities: Stslement of Recommended Practlce
appllcable to charities preparlng thelr accounts In accordance wlth the Financial RepoTilng Standard applicable
In the UK and Ilepubllc of Ireland IFRS 102. effective January 2a191.
The trustees, some of whom are also dlrectors for the purpose of company law, present the Bnnual report
together with the financial statements of the charitable company for the year eniied 31 August 2024.
Oblectlves and actlvltles
Paradlse ftIDA School Trust is a reÉ15tered charity, and a company Ilmlted by guarantee, establlshed In
Oewsbury, West Yorkshire, as a primary school In 2012. We now operate an early Yeais Nursery, Primary
School, and inclependent Boys and Gills Secondary schools. We alm to prepare children to live in 21SI century
8ritain by Imparting fundamentals of mutual respect, Integrity and contlnuous improvement. Underplnnlng
our work are Islamic ethos and aim5 to educate a 8eneration of chSldren to be proud of their Muslim Identityt
and to use these values to contribute posltlvely to society as equal British Citlzens.
The objectlves of the trust. as set out In its governlnE dtxument are-
To a¢Jvance educatlon of young people throu8h the establishment and maintenante of an educatlonal
facilitv I facllitles.
To advance education for the public benefit about Islam through the holding of meetlngs, lectures and
gaiherlngs.
For the benent ol the public, to promote learning for pleasure by people no longer in full lime
educatlon throu8h continued development of their capabilitles and understandln8 of sublects of
educational value.
To asslst In efforts lo relieve poverty at a local, natlonal and International level by provldlng support and
assistance to those who are in need of help.
The strategies of the trus( to achleve Its Slated aims 2nd oblectives are:
To provide a hlgh quality and comprehensive education to students whlch enables them to positively
contribute to society.
To enEourage students to seek further educational opportunities.
3. To attain a high level of retention of student5 through the provision of educatlonal services offered.

Paradise RIDA School Trust Ltd
Trustees, Report
The trust uses the following uiteria or measures to assess the success of its aims and objectives in the
reporting peTlOd:
Retention rate of sludents
Educational achievements and gradlng per student
GCSE results
Public beneflt
The trustee5 conflrm that they have Complied with the reoulrements of section 4 of the Chailties Act 2011 to
have due regard to the publlc benefit guidance published by the Charlty Commission for En&land and Wales.
Staff and Volunteers
Paradlse RIDA Is operated throu8h a network of commStted staff and volunteers. Without their contlnuin8
drive and commitment Paradise RIDA would not be the force It is. The directors reaffirm their commltment to
an organi5atlonal cultlbre that cares for our people and those we serve.
Strate81£ Report
Net Income for the year improved 518nificantly, fegistering a modest surplus in the year compared to the very
largo deflclt Incurred in the prior year. pn'marily driven by incieased fee Income duiing the year and the
expansion of the early years provlsion.
Whlle the Trust's overall fund5 remain In deficit. the 8oard recognlses this challenge and has adopted a clear
Ilnanclal strategy, supported by robvst school fee collection and enhanced cost control to strengthen the
organlsatlon's financlal posltion.
Income from charltable actlvltles rose to £1.3m12022123.. £1.Oml. The Board is confldent that the
organisatlon's core Income streams principally school and nursery fees are sufficlent to Cover overhearl
expenditure. To further suppoit suslainability, school fees have been increased for FY 2024125, now set at lust
over É3,000 + VAT.
Demand for the Tiust's educational serylces remains strong across all its establishments.
ReseNe5
The charlttys avallable reserves at the year*nd are shown in note 14 of the financlal statements.
It 15 the pollcy of Paradlse RIDA to malntain an adequ3te level of reserves to fund working capltal and
unexpected events and to aecumvlate resource5 agalnst unexpected change5 in the operatSng environment so
thal our work and the users of our services are not odversely affected.
It is the Trustees, intentlon to increase Irs level of reseNes to the equivalent value of three months operating
costs to ensure that the charity can continue lo meet its obligations and safeguard its actÉvities.
The balance sheet poslilon as at 31st August 2024 shows re5erve5 deficit of £35.612.
Unrestricted rÈserves funds are available for the general purpose of the charity. Paradise RIDA plans to use
these to underpin our work Bnd ensure 5115tainability of the services we offer.

Paradise RIDA School Trust Ltd
Trustees, Report
Golng Concern
Paradise AIDA Sch(iol TTUSt expects to remaln a g(xng concern until at least 31 December 2026. This vlew is
supported by several factors:
Stable income streams: The Trust derlves Its funding primarily from school fees and nursery
education Income. Fees have been increased for FY 2024-25 and FY 2025-26 to ensurè overheads are
covered.
Improvlng financlal performance: During the latest fiscal year. the Trust achieved an income surplus
after expense5 and improved its net asset position. The cumulatlve deficit recorded at yeaT-end
reftect5 a deliberate decision In recent years to Invest in staffinÉ and resources, but management has
already reduced administratlve costs and secured short-temi communlty loan5 to stren8ihen the
balance sheet.
Strengthenlng cash positlon.. Cash reserves have grown significantly since the year end.
demot)stratlng enhanced liquidity and providing a buffer for operatlons.
Strong demand and Teputatlon; Demand for the Trust's edLFC3tional seivlces remain5 robvst,
underpinned hy ils long-established reputation for quallty within the local communltv.
In light of these factors, the board belleves the Trust has sufficient re￿￿r¢e$ to meet Its obligatlons and
operate effectively. The trustees see no material uncertainties affecting its ablllty to continue as a 8oin8
concern. TrodinE patterns for 2024-25 to date support this asse55ment.
Rlsk Management
Paradise RIDA has an internal rlsk control 5y5tern in place. Thè Directors are aware of the controls and are
commltted to reviewlng these on an ongoing basls. There is a comprehensive flnance manual In place and
controls exist over fundlngi expendlture and genèral Ilnanclal management. Management accounts, including
cash and reserves posltion, are shared with the Board regularly.
Paradlse RIDA identifies thè key rlsk5 facing the organisation and records these In a risk reglster. The risk
reElSter1s an actlve management tool that Is reviewed on a monthly basis by the senlor management tèam.
Each rlsk Is rated and mltlgating actlons are assigned to ensure that there is minlmal exposure to the risk, The
rlsks are a150 reviewed to ensure that adequate mltlgating actions are in place. The Board revlew the risk
reÉistÈr on a quarterly basls.
structure, Governance and Management
Paradise RIDA School Trust Llmited is a reglslered UK charlty, incorporated as a company on 23 March 2012,
company number 08004087, limited by guarantee. and registered as a charity on 16 December 2013 under
charity number 1155025. The governing document are its Artlcles of Association.
Appolntment and Rernoval of Trustees
The power to and responslbllity for the appointment and removal of Trustees from the Board rests with the
Trustees collectivelv.

Paradise RIDA School Trust Ltd
Trustees. Report
Relatlonships wlth related partles
The charlty is under the control of trustees. The trustees consider that there is no controlllnE Party of the
charity.
Key flnanclal KPI'S and Key non. financial KPI'S
All budgets are prepared with a strong awareness of associated risks. Thls underpins our approach of plannlng
activities with flexlbility, enabling us to respond swiftly and strateglcally to emerglng ch311enges. By doing 50,
we can make carefully considered adlustments ￿thout Compromlsing the charity's overall mission.
Our key flnancial priorltles are to:
Strengthen organ15ational Infrastructure by consolidating the exponential growth achieved In recent
years through the uplift in school fee income.
Develop a long-term 5tfaregy for financial sustainability by diver5ifyin8 Income streams, Including
nursery, prSmary school, and secondary school fees.
Implement a robusi lee collectlon framework, offerin8 incentives for early payment le.g. dlscounts)
ond Ilexible payment term optlons to encourage timely settlement,
2023.24 Achlevernents and Performance
The prlm3ry activity of Paradise Rida School Trust remalns the opeyallon of an independent Muslim falth
school, deliverlng against ovr core oblectives of educating youn8 people, promotlng Ilfelong learnlng, and
assisting In poverty relSef.
Thls year has been marked by strong academic outcomes across our schools. At the secondary level, 63% of
puplls at RBHS and 79% at RGHS achleved level 4 or above in 8 or more Subjects. Our primary phase
demonstrated exceptlonèl depth of understandin& wlth 64% of puplls achleving'Greater Depth, in Readln8t
77% In SPAG, and 59% In Maths at KS2. Notably, 41% of pupils achieved 'Greater Depth, across all three of
these core subjects, reflectlng a hlgh standard of overall academlc attainment.
The difference made to our puplls extends beyond the classroom. We have fostered a strong sense of
community and Intergenerational conneclion through initiatives such as the girls, coffee mornlng5 for mothers
and aunts, and the boy5, meals with local elders. These activitie5 have provlded valuable so¢lal engagement
and allowed our students to learn directly from the first-generation settlers about their experiences, enrithlng
thelr cultural and hlstorical underslandln8.
While we celebrate these signlflcant achievements in academlc performance and communlty cohesion, the
Trustees also recognlsÈ area5 for development. The positive pupil enEa8ement with twilight sesslons and
additional tuition was a key drlver behind the excellent results and is a model we will seek to relnforce.
A slgnlficant challenge encountered ihls year was the physical constralnt on growth wlthin our Early Years IEYI
area, whlch has limited our capacity to meet demand. In response, future development plans have been
initiated to expand our EY facllitles, ensurlng we can welcome more children into our foundational stage and
continue to serve our community's needs effectively.

Paradise RIDA School Trust Ltd
Trustees, Report
Reference and administrative detalls
Registered company number
08004087 (England and Wales)
Registered Charlty Number
1155025
Reglstered Office
l Bretton Slreet
Dewsbury
WF12 9BB
Trustee5
Mr Y Patel Ichairl
MrYGalra
Mr N Patel
Mr H Khatlb
Ms A Patel
Mrl Dalal
MrA Mitha
Mr Y Patel
Audltors
KJA Xllner johnson Llmlted
Neiwork House
Stub$ 8e¢k Lane
Cleckheaton
8019 4
Approved by the Board of Trustees and slgned on its behalf by:
Yaslr Patel
Director & Trustee
Date= 27, September 2025

Paradise RIDA School Trust Ltd
Trustees, Report
Statement of responslbllltles of the trustees
The trustees Isome of whom are also directors of Paradise RIDA khool Trust Ltd for the purposes of company
lawl aTe responsible lor preparlng the Trustees, Annual Report and the financi31 statements in accordance with
applicable law and Unlted Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
Company13w requires the tnjstees to prepare financial Statements for each financial year which Èive a true
and fair view of the state of affalrs of the charitable company and of the Incoming resources and appllcatloft of
re50urces, Including the Income and expenditure, of the charitable company for that perh)d.
In preparing these financlal statements. the trustees are required io..
select suitable accounting pollcles ar￿ then apply them consistently•
observe the methods and principles in the Charities SORP-
make Judgments and accounting estimates that are reasonable and prudent:
state whether appllcable UK Accountlng Slandards have been followed, subject to any materlal
departures dlsc105ed and explained in the flnancial statements; and
prepare the linanclal statements on the going concern basls unless it is inappropriate to presume that
the charitable company will continue in operatlon.
The trustees are responslble for keeplng adequate atcountlng record5 ihat disclose wlth reasonable accuracy
at any tlme the financ131 p051tion of the charitable company and enable them to ensure that the financlal
statements comply with the Companies Act 2006. They are also re5ponslble for safeguarding the assets of the
charltable company and hence for taklng reasonable steps for the preventlon and detectlon of fraud and other
Irregularltles.
In so far as the trustees are aware:
there Is no rolevant audit informallon of which the charitable tompanvs auditors are unaware,. and
the trustees have taken all steps that they ought to have taken to make themselve5 aware of anv
relevant audlt informatlon and to establish that the auditors are aware of that Information.
The financlal statement5 have been prepared in accordante with the provision5 appllcabk to companles
Subject to the small companies, regime.
Auditor5
The audltors, KIA Kllner Johnson Ltd (Statutory Audltorsl. will be proposed for re-appointment at thè
forthcoming Annual General Meetlng.
Report ol the trustees, incoTporating a strategic report, approved by order of the board of trustees, some of
whom are company directors, on 27 Se tember 2025 and signed on the boaid's behalf bv,.
Yasir Patel
Director & Trustee

Paradise RIDA School Trust Itd
REPORTOF THE INDEPENDENT AUDITORS
REPORTOF THE INDEPENDENT AVDITORS
Opinion
We have audited the financlal statements of Paradise RIDA School Trust Ltd (the 'charitable company'l for the
yeai ended 31 August 2024 which tomprlse the Statement of Financial Activities, the Balance Sheet, the Cash
Flow Statement and notes to the financial statements. including a summary of significant accountin8 policies.
The fin3ncial reporting framework that has been applied in their preparation is applicable law and Unlted
Klngdom Accounting Standards (United Kingdom Generally Accepted Accountin8 Practice).
In our oplnion the financial statements..
glve a true and fair view of the state of the charitable company's affairs as at 31 August 2024 and of
its incomlng resources and applicatlon ol resources, includlng its income and expenditure, for the
vear then ended,.
have been properly prepared In accordance wlth United Klngdom Generally Accepted A¢¢ovnting
Practice. and
have been prepared In accordance wlh the requirements of ihe Companies Act 21M)6.
Basis for oplnion
We conducted our audit In accordante with Internatlonal Standard5 on Audlting IUKI IISAS IUKII and applicable
law. Our responsibilitles under those Standards are further described In the Auditors, iespon51billtle5 for the
audit of the financlal statements section ol our report. We ère indeper￿ent of ihe chariiablÈ company In
accordance wlth the ethlcal requirements ihat are relevant to our audit of the financlal statements In the UK.
Including the FRC'S Ethical Standard, and we have fulfilled our other ethlcal responslbillties in accordance with
these requirements. We believe that the audit evidence we have obtained 15 sufN¢ient and appropriate to
provlde a basis for oui opinlon.
Concluslons relatln8 to golng concem
In auditin8 the financial statements, we have concluded that the trustees, use of the goln8 concern basis of
accovntlng In the preparation of the financial statements 15 appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectivelyi may cast 5ignrficant doubt on the charitable company's ability to
continue as a golng concern for a period of at least twelve months from when the financial statements are
author15ed for issue.
Our responsibilltles and the re5ponslbllities of the trustees with respect to going concern are described in the
relevant sections of thls report.
Emphasls of Matler
We draw your attention to page 4 and page 5 of the trustees report and Note l. in whlch the trustees have
disclosed the deficit funds posliion and have also provided their going concern assessment. We have
performed extensive audit procedures on the reserve funds posltion and the ability of the organ15atlon lo
continue operatlng on a going concern basis and we belleve it is approprlately slated. The organisation had in
place short term funding from local organisatiorls ond individuals amounting to £81,50D to help cover

Paradise RIDA School Trust Ltd
REPORT OFTHÉ INDEPENDENT AUDITORS
opeTating expendlture during the year. and the amounts have been repaid in full in FY 24-25. Our opinion is
not modified In re5pe¢t of this matter.
Other rnatters
In line with ISA IUKI 710 Paragraph 14, we state thÈ fact that the coriesponding figures are unaudited. We
have performed audit procedures to obtain sufficient appropriate audit evidence that the openlng balances do
not contain misstatements ihat materlèlly affect the current period's financlal statement5.
Other Informatlon
The trustees ale responsible forthe other Information. The other information comprises the information
Included in the Annual Report, other than the financlal statements and our Report of the Independent
Auditors thereon.
Our oplnlon on the flnanclal statements does not Cover the other Information and, except to the extent
otherwise explicitly stated in our report, we do not expres5 any form of assurance concluslon thereon.
In connection with our audit of the financial statements. our respon5iblllty Is to read the other Informallon
and, in dolng so, consider whether thè other information is maierially inconsistent with the financial
statemen15 or our knowledge obtained In the audit or otherwise appear5 to be materially mlsstated. If we
identlfy such materlal inconslslencles or apparent material mlsstatements, we are requlred to determine
whether this gives rlse to a material mlsstalement in the tinancial statements themselves. If, based on the
work we have performed, we conclude that there is a material misstatement of thls other Information, we are
required to Tepoit that fact. We have nothing to report in thls regard.
Matters on whleh we are requlred to report by exceptlon
We have nothing to report In respect of the followlng matters where the Charlties (Accounts and Reports)
Regulations 2(K)8 requires us to report to you If. in our opinion:
the information glven In the Report of the Trusteesls inconslstent In any material respect wlth the
financial statements. or
the charitable company has not kept adequate accountlng records. or
the financial stslements are not Sn agreemeni with the accountlng records and returns. or
we have not received all the information and explanations we require for our audit.
Responslbllltles of trustees
As explalned more fully In the Slalement of Trustees, Responsibilities, the trustees Iwho are also the dlrectors
ol the charitable company for the purposes of company lawl are responsible for the preparatlon of the
firEancial statement5 and for being satisfied that they give a true and lalr view, and lor such inlernal control as
the trustees determine 15 necessB¥V to enable the preparation of financial statements that are free from
material misstatement, whether due to fraud or errol.
In preparing tho fEnanclal statements, the trustees are ￿spOnsible for assessing the charltable company's
ability to continue as a going concern. disclosSnL as applicable. matters related to going concern and using the
EOln8 con£ern basis of accounting unless the trustees either intend to liquldate the charltable company OT to
cease operatlons, or have no realistic alternative but to do so.
io

Paradise RIDA School Trust Ltd
REPORT OF ThE INDEPENDENT AUDITORS
Our rèsponslbilities for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance
wlth the Act and ielevant regLtlations made or having effect thereunder.
Our objectives 3re to obtaln reasonable assurance about whether the financial statements as a whole are free
from materlal misstatement. whether due to fraud or error, and to Issue a Report of the Independent Audltor5
that Includes our oplnion. Reasonable assurance 15 3 high level of assurance, but is not a guarantee that an
audlt conducted In accordance with ISAS IUKI will always detect a material mSsstatement when it exists.
Misstatements can arise from fraud or error and are considered mateTlal If, indivldually or in the ag8regate,
they could reasonab￿ be expected to influence the economic decisions of users taken on the basis of these
flnanclal statements.
The extent to which our procedures are capable ol detecting Irregularities. including fraud Is detailed below..
While plannlng our audlt, we have enqulred of management and those charged wlth governance around anv
actual or potential litigatlon and clalm5 againsl the company for non.compliance with 5pe¢illc laws and
regu13tlons. The same has been done In respect of any Instances of fraud or Irregularlties. Thè responses
received have been communlcated with the engagement team at the planning stage.
We have not been Informed ol any specific laws or regulatory re13ted issues that could materlally impact the
financial Statements in additlon to this, there has been no suspected fraud or irregularitles reported to us.
Whlle planning our audlt the en￿gement partner selected appfopriately tralned staff to be engaged In the
audlt and the team are allocated based on thelr competence and capatsllltles.
The audit work undertaken 15 a substantlve work based audit approach, reviewlng to source documentation
where appropriate and Includes a review and walkthrou8h of the systems whlch management have put In
place. These tesls are dire£tlonal. Therefore, they are desl8ned in a way to maximise audit effectlveness and
the possible identification of any material fraud, irregularities, OT instantes ol syslems and procedure
breaches. Our testlng did not Identlfy any Issues that requlre additional reporting.
These tests and other areas of our audlt work are designed to enhance our abillty to detect cases of material
fraud and certain Irregularities. It should be noted that our audlt Is carried out using a materlal based approach
and therefore does not test every transactlon. as such It would not detect all instances of liregularllies and
speclflcally fraud which 15 inherently more dSfficult to detecl.
A further description of our re5pon5ibilltie5 for the audit of the financial statements is located on the Financial
Reportlng Council's website at www.frc.or8.uklauditorsrespon51bilities. Thls description forms Part of oui
Report of the Independent Auditors.
li

Paradise RIDA School Trust Itd
REPORTOF THE INDEPENDENT AUDITORS
Use of our report
This report is madè solely lo the charltable company's trustees, a5 a body, in accordance with Part 4 of the
Charities IAccounts and Reports) Regulations 2008. Our audit work has been undeitaken so that we might
state to the charitable compar¢y'S trustees those matters we are required to state to them in an audltors,
report and far no other purpose. To the fullest extent permitted by law. we do not accept or assume
responsibility to anyone other than the charitable company and the charitable company's trustees as a body,
for otjr audit work, for this report, or for the opinions we have formed.
1144
for and on behalf of KJA Kllner Johnson Lt(i {StatutoryAuditorsl
Eliglble to act as an auditor In terms of Section 1212 of the Companies Act 2006
Network House
Stubs Beck Lane Cleckheaton 8D19 4
Date..
12

Paradlse RIDA school Trust Ltd
REPORTOFTHE INDEPENDENT AUDITORS
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDEO 31 AUGUST 2024
Ilncorporatlng an Income and Expenditurè Atcount)
Note
Unrestrlcted
Funds
Total
2024
Total
2023
As restated
Income fyom:
Donations
38.677
38.677
1,364
charitable actlvltles
1.319,939
1,319.939
972,673
Total Income
1,358,616
1,358,616
974,037
Expenditure on:
Charitable activities
1,347,508
1,347,508
1,084,573
Total Expendlture
1.347,508
1.347,508
1,084,573
Net surplus/lexpenditurel and net
movement In funds
11,108
11,108
1110,5361
Reeonciliatlon of fund5.
Total funds brou8ht forward
146.7201
146,7201
63,816
Total funds carriecl forward
14
135,6121
135,6121
146.7201
The statement of flnancial actlvltles includes all gains and losses reco8nised In the year. All Income and
expenditure derlve from continuing actlvitles.
Thè funds breakdown for 2024 Is shown in note 14.
13

Paradise RIOA School Trust Ltd
8al3nce Sheet
BALANCE SHEET
AS AT 31AUGUST 2024
Note
2024
2023
A5 Restated
Flxed assets
101.543
69,073
Current assets
Debtors
io
79,791
47,585
Cash at bank
17,846
4,345
Total current assets
97.637
51,930
Credltor5: Amounts fallin8 due wlthin one year
li
1173.2921
1127,7231
Net current Ilabilities
175.6551
{75.7931
Total Assets less Current Liabllltles
25,888
16,7201
Credltors: Amounts falling due after one year
12
61,5001
140,0001
Total net Iliabilitlesl l assets
135,6121
146,7201
Funds of the chailty
Unrestrlcted income funds
14
135,6121
146.7201
Total Funds
135,6121
146,7201
The charitable company Is entitled to exemption from audit under Sectlon 477 of the Companles Act 2006 for
the year ended 31 August 2024.
The members have not deposited notlce. pursuant to Sectlon 476 of the Companies Act 2￿6 requlring an
audit of these financial statements.
The trustee5 acknowledge theiT responsibilitles for
lal ensuring that the charitable company keeps accounting records that comply wlth Section 386 and 387 of
the Companles Act 2006 and
Ibl preparing financial statements which glve a true 3nd falr view of the State of affairs of the charitable
company a5 at the end of each financial year and of it5 surplus or deficit for each flnancial year in
accordance with the requirement5 of Section5 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relating lo financial st3tements, so far as applicable to the
charitable company.
These financial Statements liave been audited under the requirements of Section 145 of the charlties Act
2011,
The note5 form part of these financial 5tstements
14

Paradise RIDA School Trust Ltd
Balance Sheet
The financial statements have been prepared in atcordance with the provisions èpplicable lo charitable
compan1@5 subject to the 5rnall companies regime.
The financial statements were approved by the Board of Trustees, and authorised for issue on
27th Se
tember 2025 and signed on thelr behalf by..
Yasir Patel
Director & Trustee
15

Paradlge RIDA School Trust Ltd
Cash Flows
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST 2024
2024
2023
Net suyplusl Ideflcltl for the year before depreclatlon
37,007
195,2361
Net cash flows from operatlnB activitles:
Ilncreasel/decrease In debtors
132,2061
127,4341
Increase in creditor5
25,568
99,165
Net cash provided by l {used Sn) operatlng acllvltles
30.369
123,5051
Net cash (used In) InvestlnB actlvltles
Flxed asset addltlons
158,3691
16,8721
Net cash provided by finan¢lng actlvlties
Loans
41,500
31,000
Net increase I Idecreasel in cash & cash equivalent5 in the year
13,501
623
Cash & cash equivalents at the be8innlnE of the year
4,345
3,722
Cash & cash equlvalents at the end ol the year
17.846
4,345
Cash and cash equivalents are represented by cash at bank and in hand.
16

Paradise RIDA School Trust Ltd
Notes to the Financlal Statements
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31AUGUST 2024
Accountlng policies
Statutory Informatlon
Paradise AIDA School Trust Ltd is a charitable company limited by guarantee and is incorporated in United
Klngdom. The registered offlce address Is l Brelton Street. Samle Town, Dèwsbury. WF12 9BB.
Summary of slgnlf5cant accountlng polldes and key ac¢ountlng estlmates
The princlpal accounting pollcle5 applied in the preparation of these financlal statements are set out below.
These policies have been consistertlly applled to all the year5 presented, unless otherwise stated.
Bas15 Of preparatlon
The flnanclal statements have been prepared in accordance with Accountlng and Reportlng by Charities..
Statement of Recommended Prnctlce applicable to charities preparing thelr accounts in accordance wlth the
Financlal RépoTtlng Standard applicable in the UK and Republlc of Ireland12nd Editlon, effectlve Jènuary 20191
Icharities SORP IFRS 10211, the Finantlal Reportlng Standard applicable in the UK and Republic of Ireland IFRS
1021 and the Companies Act 2006. The tfUStees have taken advantage of ihe reduced disclosure framework
exemptlons as noted in FRS 102 sectlon 1,12.
Paradise RIDA School Trust Ltd meets the definiilon of a public benefit entlly under FRS 102. Assets and
liabilitle5 are initlally recogn15ed at hlstorical cost or transaction value unlèss otherwise staled in the relevant
accounting policy notes.
Going concern
The flnancial statements have been prepared on a going cc#icern basls.
The trustees assess whether the use of going concern Is appropriate i.e. whether there are any material
untertainties related to events or condltlon5 that may cast significant doubt on the ablllty of the Charity to
continue as a going concern. The trustees make this assessment In respect of a perlod of one year from the
date of approval of the financial statements.
Based on the performance In 2024 & 2025 to date and forecast Cashflows. the Board believes that the charity
has adequate resources for the foreseeable future.
The Board believes that there are no material uncertainties that call into doubt the eharitable company's
ability to continue in operation. Therefore, the financial statement5 have been prepared on a going concern
basis.
Income and Donations
Donated professional services and donated facilitles are recognised as Income when the charity ha5 control
over the Item or received the servlce, any conditlODS associated with the donation have been met, the receipt
of economic benefit from the use by the charity of the item is probable and that economic benefit can be
17

Paradise RIDA School Trust Ltd
Notes to the Financial Statements
moasured reliably. In accordance with the Charities SORP IFRS 1021. volunteer tlme is not recognised so refer
to the tTUStees' annual report for more information about thelT contribution.
Income from charltable actlvities
All incomlng resources are included in the statement of financial activities when the charity is entltled to the
incorne and the amount can be Quantified wlth reasonable accuracy. The following specific policies are applied
to the particular categories of Income:
Voluntary in¢ome
Voluntary income is received by way of 8rants, don3tion5 and glfts and Is Included In full In the statement of
ftnancial actlvities when receivable.
Grants
Grants where entitlement is not conditional on the delivery of a specific performance by the charity. are
recognised when the chaflty becomes unconditlonally entitled to the grant.
Expendlture
Expenditure Is recognlsed once there Is a legal or constructive obligatlon to transfer economlc beneflt to a
third party, It Is probable that a transfer of economic beneflts will be required In settlement, and the amount
of the obllgailon can be measured reliablv.
Expendlture is classified by actlvlty. The ￿$tS of eèch actlvity are made up of the total of direct Costs and
shared costs, includln8 Support cosls involved in undertaking each activity. Direct costs attribulable to a slngle
actlvlty are allo¢ated directly to that activil¥. Shared costs which conirlbyte to more than one activity and
support costs whlch aTe not altributable to a slngle acilvlty are apportloned between those actlvltles on a basis
conslstent wlth the use of resources.
Charltable activitles
ChaTStable expenditure comprlses those costs Incurred by the Charity In the dellvery of Its actlvilies and
service5 for 115 benefic13rles. It Includes both costs that can be allocated dlrectly to such artlvities and those
costs of an Indirect nature necessary to support them.
Flnanclal Instruments
The charlty has elected to apply the provisions of Sectlon Il'8asic Financial Instruments, and Sectlon 12
'Other Financlal Instrument$1$5ues' of FRS 102 to all of its financial instruments.
Financlal Instruments are recognised in the charftvs balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilitles are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to Sei off the recognised amounts and there is an intention to Settle on a
net basls or to reali5e the asset and settle the liability simultaneously.
18

Paradlse RIDA School Trust Ltd
Notes to the Financial Statements
Baslc financlal assets
Basic financial assets, which include debtors and cash and bank balances, are measured at
transactlorb price InclL¢ding transaction costs.
Llabilltles
Trade creditors are obligatlons to pay (or goods or Services that have beèn acqvSred in the ordinary course of
operatlons from suppliers. Amounts payable are das5ified as current Ilabilitles If paymènt is due wlthin one
year or less. If not, they are presented as non-current Ilablllties. Trade credltors are recognised at transactlon
price.
The charlly does not have anything other than baslc flnantlal Instyuments.
Tangible flxed a55ets
Tan8lble fixed BssÈts are initially measured at cost and subsequently measured at cost or valuation, net of
depreciatlon and any Impairment losses.
Depreclation Is recognised so as to write off the c05t orvalualion of assets less their residual values over their
Useful Ilves on the followin8 bases..
Leasehold Improvements
Flxtures, flltSng5 & IT equlpment
4% Stralght line over 25 years
20% on cost
The galn or loss arlslng on the disposal ol an asset is determined as the difference between the sale proceeds
and the carrylng value of the asset. and is recognised in the 5talement of flnancial activities.
Trade debtors
Trade debtors are amounts due from cuslomers for merchandise sold or services performed In the ordlnary
co¥Jr5e of business.
Trade debtors are recognised Inltially at the transaction price. They are subsequently measured at amoitised
C05t iJsinB the effectlve interest method. less provislon for impairment. A provlslon for the impairment of trade
d￿btOrS1s established when there is objective evidence that the Charlty will not be able to ¢ollect all amounts
due accordin8 to the orlginal terms of the receivables.
Cash and ¢a5h equlvalents
Cash and ta5h equivalents tomprise cash on hand and other short-term highly liquid holdings that are readlly
convertible to a known amount of cash and are sublect to an insignificant rlsk of change In value.
19

Paradise RIDA School Trust Ltd
Notes to the Flnancial Statements
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acqulred in the ordinaTV course of
busine55 from suppliers. Accounl5 payable are dassified as current liabilitie5 if the Charity does not have an
unconditional right. at the end of the reporiing period, to defer settlement of the creditor for at least twelve
months alter the reporting date. If there is an unconditional right io defer seltlement for at least twelve
months after the reporting date, they are presented as non-current liabilities.
Fund a¢countlng
Unrestrlcted income funds are general funds that are available for use at the tru5teÈ's discretion In
furtherance of the objectives of the Ch3Tlty. Designated income funds are geneial funds which have been Set
a51de at the trustee's discretiori for speciflc purposes. As at the year end. and In Ilne with the previou5 year,
the Charity does not have any designated funds. Restrlcted Income funds are those donated for use in
partlcular area or for specillc purposes. the use of whlch Is restricted to that area or purpose.
Reserves
The trustee5 alm to maintaln free reserves in unfestTiCted funds at a level which equates to approximatelv
three months of unresiricted Charitable expenditure. The tnjstees conslder that thls level will provitle
sufficient funds to respond to appllcations for grants and enrolments, and ensure that chèrltable acllvlty C05t5
are covered. The trustees consider that 3 level ol thiee months Is suflSclent given the Ilexibillty afforded.
The trustees have provided thelr assessment for the deflelt reserve funds posltlon as at 3111 August 2024 of
£35,612, on page 4 01 the trustee's report.
Judgements
Estimates and judgements are continually evaluated and are based on hlstorlcal experlence and other factor5,
Including expectations of future events that are believed to be reasonable under the clrcumstantes. The
Trustees conslder that there are no significant areas of judBements or estimates.
In¢ome from donallsy)s
Unreslrlcted
Funds
Total
2024
Total
2023
Grants and donatlons
38.677
38,677
1,364
38,677
38,677
1,364
20

Paradise RIDA School Trust Ltd
Notes to the Financial Statements
Income from charitable activities
Unrestrlcted
Fund5
Total
2024
Total
2023
Nursery Educatlon Funding
other activitles
330,723
330.723
330,723
1.444
804
School fees
987,772
987.772
703,398
1.319,939
1,319,939
972,673
Nursery Educatlon Fundlng of £330.72312023'. £330,723) relates to income received from Klrklees Councll for
overnment funded hours of childcare for eligible children aged from g months to 4 years old.
Expendlture on charltable artiiiitles
Total
2024
Total
2023
Salary and related costs
956,728
826,276
Repalrs and malntenance
12,313
12,658
71,054
44,528
Rent, rates and Insurance
44,531
43,517
Education supplles
Prlntlng, postage and statloneiy
Depreciation
Tolephone & broadband
29,815
31,077
42,118
23,092
25,899
15,3(Xl
7,646
5,774
Professlonal fees (note S.11
Tultlon & supply teachlng WVKes
IT servlce5 and software
26,910
5,872
8,608
7,375
19,130
26,989
School inspection and other partnership costs
Other cost5
23.727
15,078
36,588
27,037
Provlsion for bad and doubtful debts
42,840
Total
1,347,508
1,084,573
Analysis of governance and support costs
Wlthin professional fees there are accountancy fee5 of £4,404 whl¢h are classlfied as governance costs, all
other expenditure incurred is treated as support costs.
21

Paradise RIDA School Trust Ltd
Notes to the Financial Statements
Net Incomingloutgolng resources for the year
This is stated after charging:
2024
2023
Audltor fees
Independent Examinerfs fee
Depreciation
1,000
25,899
15,300
Trustees remuneratlon and Èxpense5
Durin8 the year Afsana Patel, a trtjstee, wa5 paid a salary of £16,100 in respect of her duties as he3dteachÈ
12023: É12,0001. No other trustee5 have received any benefits from the challty durlng the ye3r £nil12023:
Enill.
Durlng the year. the charliy paid no travel expenses on behalf of the Trustees.12023- Énlll.
Staff costs
Durlng the year, the average monthly hÈadcount employed by the Charity was 9512023.. 511. The aggregate
payroll costs were as follows:
Staff costs durlng the year were:
2024
2023
Wages
Soclal Securlly Costs
Employer contrlbution5 lo pension
Other staff costs
917,920
795,070
32,618
2S,404
2,687
3,705
3,503
2,097
956,728
826,276
No employee recelved emoluments of more than £60,OW durlne the year, or in the previous yeaT.

Paradise RIDA School Trust Ltd
Notès to the Financial Statements
Tanglble flxed assets
Leasehold
Property
Olfice
Equipment
Equlpment
Total
As Restated
Cost or voluation
At I September
137.609
50,33S
21,683
209,627
Additlons
40.336
4,984
13.090
58,410
At 31 Au8USt 2024
177,945
55.319
34,733
267,997
Accumulated Depreciatlon
At I September 2023
82,565
45,284
12,705
140,554
Charge for the year
13.572
5.174
7.153
25,899
At 31 August 2024
96.137
SO.458
19,858
166,453
Net book value
At 31 August 2024
81,808
4,861
14,915
101,543
At 31 Augvst 2023
55,044
5,051
8,978
69.073
io.
Debtors
2024
2023
Trade debtors
36,952
3,102
Prepayment5 & Accrued Income
19,314
14,233
Other debtors
23,525
30,250
Total
79.791
47,585
23

Paradise RIDA School Trust Ltd
Notes to the FinaTKlal Statements
ii.
Creditors: amounts falling due withln one year
2024
2023
Trade treditor5
54,541
67,051
Social securlty and other taxes
4,650
3,585
Other creditors
6,650
1,765
Accruals & deferred Income
87.451
SS,322
Loans
20,000
173,292
127.723
12.
Credltois., amounts falllng due aftei one year
2024
2023
Loans
61,500
40,000
13.
Charlty Status
The Charity is a charity limited by guarantee and consequently does not have share capital. The Charitv
currently has eleven members, each of whom is liable to contrlbute an amount not exceeding £10 towards the
assets of the Charity in the event ol liquldalion.
14.
Movement In Funds
Currenl year
Unrestrlcted lunds
General funds
8alance èt I September 2023
146,7201
IncomlnB resources
1.358,616
Outgoing resources
11,347,508)
Balance at 31 August 2024
135,612)
24

Paradise RIDA School Trust Ltd
Notes to the Fin3naal Statements
Prior year
Unrestrlcted funds
General funds
balance at I September 2022 las previously slated)
140,877
Prlor year adlustment
177,0611
I September 20221as restated)
63,816
IncominB resources
974,037
Outgolng resources
11,084,573>
Balance at 31 August 2023
{46.7201
The specific purposes for which the funds are to be applied are as follows..
Unrestricted funds are income from charitable activitSes and donatlons provided for support of the charitv,
without restrlction on how funds should be deployed.
15.
Analysls of net 85sets between funds
Unrestrl¢ted
Funds
2024
Unrestrlcted
Funds
2023
Flxed assets
101.543
69,073
Current assets
97.637
51,930
Current Ilabillties
1173,2921
1127,7231
Long term liabllirles
161,51xII
I40.0￿)
Total net Illabllltlesl l asséts
(35.6121
(46.7201
25

Paradise RIDA School Trust Ltd
Notes to the Financial Statements
16.
Related partytransartkons
During ihe year, the entlty entered into tran53Ctions with related partles. These transactlons were condutted
on an arm'5 length ba515 and in the ordinary course of busine55.
Nature of Transactlon:
During the year, a temporary loan was provided to Paradise RIDA.
Partles Involved:
The loan was provided by Yasir Patel, a trustee of the entity.
Flnancial Impact:
The maximum loan balance with this related party during the year wa5 £61,50012023: £40,000). As of 31
August 2024, the outstanding amount owed to Ya5ir Patel was £61.50012023: E9,0001. The amounts are
shown wlthin creditors amounts falling due after one year.
The loan wa5 provlded on an Interest-free and unsecured basls and was largely repald durlng FY2025.
The loan arrangement was reviewed and approved in accordance wlth the entity's governance policles,
Nature ol Transa¢tlon'.
Utllisation of Trust premlses
Parties.. Involved:
Entities In which the trustee, Y3slr Patel hold5 3 beneficlal interest have utlllsed the premises of the trust to
conduct thlrd party busine55.
Flnanclal Impact;
Trustees are currently negotlatin8 the renlal ihal should be payable to the Trust as a consequence of this use.
The arranEements were reviewed and approved In accordance with the entity's governance pollcles.
Nature of Transactlon:
During the year, a temporory loan was provided to Paradise RIDA.
Partles Involved..
The loan wa5 provided by Little Wonders (Early Years) Llmited. a tompany In which the trustee Yasir Patel
holds B beneficlzl interest.
Financlal Impart..
The maximum loan baSance with thls related party during the yèar was £20,000 {2023: £NII,l. As of 31 Augu51
2024. the out51andin£ amount owed to Yasir Patel was £20,W {2023: £Nill. The amount Is shown wlthin
creditors amount5 fallin8 due wlth one year.
The108n was provided on an interest-free and unsecured bas15 and was fully repaid In September 2024.
The loan arrangemenl was reviewed and approved in accordance with the entity's governance policies.
26

Paradise RIDA School Tr￿t Ltd
Notes to the Financial Statements
DurinB the year, the entity engaged in transactions with related partle5 on significèntly discounted Commercial
teims and extended payment periods. While these arrangements were not conducted on an arm's length
basis, they were favotjrable to Paradise RIDA
Nature of Transa¢tlon:
Provision of tuition services
Partles: Involved:
The entity providing these selvices wa5 Brilli3nr Mind5 (Learning Centresl Limited, a company in which the
trustee Yasir Patel holds a benèficial interest.
Flnanclal Impact:
The total value of transactions with this related party durlnB the year amounted to £14,90512023'. £11,325).
As of 31"August 2024, the outstandln8 balances with this related party was £MIL payable12023= £7,375).
The transactions were made under heavily discounted commercial terms to Paradise RIDA and on extended
settlement.
The arrangements were reviewed and approved in accordance wlth the entilvs governance policles.
Nature of Transaction:
Provision af Education consultancy services
Parties: Involved:
The entity providin8 these servlces was Educating EXCeller￿ Limlted, a company In whlch the trustee Yasir
Patel holds a beneficial Interest
Financlal Impact..
The total value of transactlons with thi5 related party during the year amounted to £22.88012023.. £NIII. As of
31"August 2024, the outstandlng balènces wlth this related party was £15,68012023.. £NIII.
The transactions were ma(le under heavily discounted commercial terrns to Paradise RIDA and on extended
settlement.
The arrangements were reviewed and approved in accordance wlth the entltVs governance policles.
27