Charfty re9iStration nL¢mber'. 1155170 MADRASSA FAIZ-E-RAZA TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JIJLY 2025
Madrassa Faiz-E-Raza Contents Page Trustees, Report Independellt Exarlliner's Report Statement of Flnanclal Actlvities ComparatSve Statement of Finèntial ACtIve$ statement of Financial Position Notes ro the Finaneial Statements The Wlowing pages do not fom part of the statutory accounts: Detailed Statetnent of Financial Activities 12
Madrassa Falz-E-Raza Trustees, Report For The Year Ended 31 July 2025 The trustees present their report and the financial statements for the year ended 31 July 2025. Objectlves and Actlvltles Aims and Objectlves To advance the Islamic religion for the benefit of the puuic in accordance with the teachlngs of the Quean Ilskmie holy $¢ripturel and Sunnah (the sayings and tradltlons of the Pmpher Muhammad). To advance the Is13rnlc rellglon. malnly. but nor excluslvelyi by mean5 of broadcasting isbamit rnessages of an evangellstlc and edu¢aUonal nature. TO advance the Islamic rellglon In LeIster for the benefit of the publie through the holding of prayer meetings. educatlonal progrnmmes, rtu$, public celebrations of religious festivals. and the pmductlon andlor distribution of literÈture on 151om to enlighten others about the Musllm tsith. To aévance the education of the pU1C In the subject of tslam. To advance the education of the pupls at Madrassa Faiz-e-Raza by provlding and a55iSting In the provlsloTr of facS1iti8s for educatlon at the school. PuWf¢ B¢n*fit We alm to provlde a plarfform for chIldn and adults to ex(El by developlng education and mordls whlch can transfomi Ilves nd Communitles. Inspired by our dedication to contsnuous learning ènd with the support of parents, staff and the community, we aim for each person to reach their full potential and be equipped to meet the challenges of work and life. Tre trustees ¢onfimi that they have ¢offlplied vlith the re4uirements of Sertion 17 of the Charitles Act 2011 to have due regard to the Charity Commission's guidance Dn public benefit. Reference and Admlnlstratlve Datalls Trustees Salim Daud 8aJlbhal Mahorned Gaffar Mohamed Atsdul Munaf Sonell Mohamrned Hussain Daud Irfan Na51r P6tel Ch•r6ty N¥mb•r LIS5170 Indep•nd•rt Exarnir Nazir Malida IFCCA) Watergaies Chartered Certified Accountants & Reglstered Auditor5 109 Coleman Road L¢lSter LES 4LE Page I
Madrassa Fai2-E-Raza Trustee$, Report (continued) For The Year Ended 31 July 2025 The trustees, report wa5 approved by the board of trustees and signed on it5 behalf by: Salim Daud Bajibhai Trustee 8th June 2026 Page 2
Madrassa Faiz-E-Raza Independent Examiner's Report to the Trustees of Madrassa FalE-RaZa For The Year Ended 31 July 2025 I report to the trustees on my exarnlnatson of the acwunts of Madrnssa Faix-E-Raza (the Trust) for the year ended 31 July 2025. R¢sptsn$lblllti•s and Basis ol Report As the charity trustees of the Trust ygu a responsible for the preparation of the accounts in accordante with the requirements of the Charitie5 Art 2011 I-the Act?. I report in respert of my examination of the Trust's accounts carried out under settw)n 145 of the 2011 Art and In carrylng out my examlnation, I have followed the applicable Dlrecbons given by the Charity Commls$ion under secuon 145151(b) of the ALt. l•d•pendent Examln•r's Stat¢rnent I have completed my examinatron. I confirm that no materlal matters have corne ro my attention in connethon with the examination giving me cause to beliÈve that In any material respect- l. accounting records were not kept in respect of the Trust as required by sertion 130 of the Att- or 2. the accounts do not accord wlth those records,. or 3. the accounts do nDt comply wlth the app15cable requlrements conceming the form and contents t>f accounts set out In the Charfties (Accounts and Reports) Regulations 2008 other than any requlremÈnt that the a¢¢ounts give a 'true and fair view. whi(th Is nor a matter consldered a5 part of an independent exarnlnation. I have no concerns and have come across no other matters in connettlon wlth the examination to which attentlon should be drawn in thls report in order to enable a proper understanding of the actt+unts to be reached. Nazir Mallda IFCCAI 8th June 2026 109 Coleman Road Leicester LE5 4LE Page 3
Madrassa Faiz-E-Raza statement of Financial Activities For The Year Ended 31 July 2025 2025 2024 Unr•strlct•d Restrictad Totsl lunds funds fvnds T•tal funds Note8 INCOME AND ENDOWMENTS FROM: Donatlons and legacies Other trdding athvlties Investments 52.617 13,838 661 loo 860 53,477 13,838 66L 100 64,369 11,229 21 other 67.216 860 68,076 75,619 EXPENDITURE ON: Raising funds 151.329) 151,329} (52,0621 NET INCOHE 15.887 860 16.747 23,557 NFf MOVEMENT IN FUNDS 15.887 860 16,747 23,557 RECOIICIUATION OF FUNDS: Total funds brought forward 240,343 671 241,014 217,457 TOTAL FUNDS CARRIED FORWARD 15 256,230 1,531 257,761 241,014 The notes on page$ 7 to Ll form part of these financial ststernents. Page 4
Madrassa Faiz-E-Raza Comparatlve Statement of Flnanclal Artivities For The Year Ended 31 July 2025 2024 Unrestrlcted Restrl¢t•d fvnd% fvnds Total nd$ Note* INCOME AND ENDOWMENTS FROM.. Donarions an¢ legacies Other trading athVIe$ Investrnents 61,937 11,229 21 2,432 64,369 11.229 21 73,187 2,432 75,619 EXPENDITURE ON: Kalslng funds 150,30LI 11,761) {52.0621 NET INCOME 22,886 671 23,557 NÉT MOVEME14T IN FUNDS RECONCILZATION OF FUNDS: Total fiJnds brought forward 22,886 671 23,557 217,457 217.457 TOTAL FUNDS CARRIED FORWARO 15 240.343 671 241,014 The notes on pages 7 to 11 forrn part of these financial statemeTht$. Page 5
Madrassa Fa12-E-Raza staternent of Financial Positlon As At 31 July 2025 2025 Uttr*strlcted ft¢strlLted Total fi•nd$ fund fund$ 2024 Total funds FIXED ASSETS Tangib Assets 12 268.347 268.347 269.020 268,347 268.347 269,020 CURRENT ASSETS Debtors Cash at bank and In hand 13 4,642 47,904 4,64Z 49,090 15,335 43,853 1,531 52,546 1,531 53,732 59.188 Credltors: Amounts Falllhg Due Within One Year 14 164,663) 164,3181 187,194} NET CURRE14T ASSEfs (LIAOILITIES) IL2,117} 1,53J 110.586} 128.0061 TOTAL ASSETS LÈSS CURRE14T LIABILITEES 256,230 1.531 257.761 241,014 riET ASSETS 256,230 1,531 257,761 241.014 FUNDS OF THE CHARITY Restricred Fund5 Unrestricted Funds 1,531 256,230 671 240,343 TOTAL FUNDS 15 257,761 241,014 Qn behalf of the tK)ard Sallm Daud Ballbhai Trustee 8th June 2026 The Thotes on page5 7 to IL fomi part of these financial ststements. Page 6
Madrassa Faiz-E-Raza Note$ to the Financial Statements For The Year Ended 31 July 2025 Gèneral Inform47tlon Madrassa Faiz-E-Raza Is a tharthble incorporated oryanisation wistered bvith the Charity Commission, registereil charity number 1155170. The principal dresS is 2. Accountlhg Policies 2.1. O•i of Preporatlon of Flnandal St•t¢ments The financlal statements have been prepared in accordance wlth the Charities SOKP IFRS 1021 'Accountirbg and Reportlng by Charities., Statement of Recommended Practice applicable to charitles preparfng their accounts in accordance wlth nanCial Reporting Standard applicable In the UK an¢Y Republic of Ireland IFRS 1021 leffectlve I January 20191. Financial Reportlng Standard 102 'The Flnanclal Reporting Standard applicable in the UK and Republ1¢ of Ireland. and the charle$ Att 2011. The charity 1$ a Publi¢ B8nefit Entlty as defined by FRS 102. 2.2. Incoming Resources The incotne resources masnly conslsted of dtsnations ind fees. 2.3. R¢s¢urc¢s Expen¢led The sOUrceS expended mainly consisted of books & resources and utllity overheaés. 2.4. Tan9lble Fixed Amets #nd Depreciation Tangible fixed assets are rneasured at cost less accumulated depwiation and any accurnulated impairnient bsses. Depreciation is provided at rntes calculated to wrlte off the cost of th¢ fixed assets, less their estimated resldual value. ver their expected useful Ilves on the followlng bases.. Freehold Pknt & Machinery 2% sfrawJht ne IS% Reducing Balance Method 2.5. C•$h •nd C)h Equl¥al¢hts Cash and cash equlvalents atE basic financial assets and Include cash in hand and dep051ts held at call wlth banks. other short-tem highly liquld Investments that mature in no more thèn three rnonths from the date of acqulslfjon and are readlly eonvertlble to a known amount tsf C8Sh with insignificant risk of change In value, and bank overdrnfts. 3. Incom* from Donatlons artd Loga¢ 2025 Urtr¢strirted Restritted Total funds funds fvnd$ l)onations and gifts 52,617 860 53,477 2024 Unrnstrfctad Restrfcted fvnds funds funds Donatlons and glfts 61,937 2,432 64,369 4. Inme Irom Other Trading Aciivities 20Z5 2024 Unr•strlcted Unrestrlcted fund fund$ Consultèncy services 13,838 11.229 Page 7
Madrassa Faiz-E-Raza Notes to the Financial Statements (continued) For The Year Ended 31 Julv 2025 5. Investment Intome 2025 2024 Unvegtri¢ted Llnrestrlcted fund# ffuhds sank Interest receivable 661 21 6. Oth•r Incom* 2025 2014 Unrestrfctad Unrestrlrted lunds nds ral and other income from property loo 7. Net In¢omel{Expendlture} The net Incorne Is stated after char9ingllcreditlngl: 2025 2024 OeprecSatlon of tangiblè fixed assets - owned 673 792 8. An•lysls ol Expendltum 2025 A¢tlvltl•s ndertaken dlr•cUy Support costs {see note 91 Tot•1 Raising funds 6,696 44.633 51,329 2024 Acdvltle5 undertak•n dlr•ctlv Support (see note 91 Totsl Raising fund$ 7.782 44,280 52,062 Page 8
Madrassa Faiz-E-Raza Notes to the Financlal Statements (¢ontlnued) For The Year Ended 31 July 2025 9. Support Costs 2025 Ralslng funds Empwee costs prniseS expenses General admlnlstration 25,863 11,252 6,845 673 Depredatlon 44,633 2024 Raising lunds Employee costs Premises expenses General adrninlsrration Depreciation Gov¢rnanc¢ costs 28.328 8,290 5,970 792 900 44.280 10. stff Costs Stsff costs were as follows: 2025 2024 Wages and salarie5 Other pension eosts 2S,863 27,078 50 25.863 27,128 Mo ernployees weived ernpbyee benefits (excluding ernployer pension c05ts1 for the reporting period ef more than £60.000. 11. Av•Thg• Numb•r ol Employ• Average number of employees during the year was.. 2 12024: 21 12. Tanglbl• Assts Land & Property Freehold Plant & Ma¢hlnery Total Cost As at l August 2024 264,533 16.675 281.208 As at 31 July 2025 264.533 16.675 281,208 .CONTINUED Page 9
Madrassa Faiz-E-Raza Notes to the Financial Statements (contlnued) For The Year Ended 31 July 2025 D•p¥•clatlon As at l August 2024 Provlded during the period 12.188 673 12,188 673 As at 31 July 2025 12,861 12,861 Nrt Book V•lu¢ As at 31 July 2025 264.533 3,814 268,347 As at l August 2024 264,533 4.487 269,020 13. Debtors 2025 2024 Due vAthln one ye•r Other debtots 4,642 15,335 14. Creditors: Amounts Falling Du• Wlthln One Ytar 202S 2024 Trade creditors Other Creditors Tèxation and social security Accrual$ and deferd income 9Crt) 84,814 62,062 1,356 900 900 64,318 87,194 15, Mov•m•nt In Funds As #t JI Julv 2025 August 2024 Income Exp¢ndltur• Unrestslrted fvnd$ Generdl.. Genernl unrestricted fvnd Restri¢ted fvnd$ Restricted 240,343 67,216 151,329} 256,230 671 860 1,531 Tot•1 fvnd¥ 241,014 68,076 151,3291 257,761 Asatl Au9USt 2023 As at 31 July 2024 Ineome Expendlture Unrestrtcted funds General: General unrestritted fund 217,457 73,187 150,301} 240.343 R•strf¢t*d luthds Restricted 2,432 11,7611 671 Total funds 217.457 75,619 152,D62} 241,014 Page 10
Madrassa Faiz-E-Ra2a Notes to the Financial Statements (continued) For The Year Ended 31 July 2025 16. TransaLtlons with Trusteés Dudng the year the expenses reSmbur5ed to the trustees or paid direLtly to third parties were as follows.. 2025 2024 17. R•lat•d Party Dlxlosur Page 11
Madrassa Faiz-E-Raza Detalled Statement of Flnancial Activltles For The Year Ended 31 July 2025 2025 2024 Tot•1 funds Totsl INCOME AND ENDOWMENTS FROM: DonatIo and l•g•des Donati$ and gifts 53,477 64,369 53,477 64,369 other trndlng actlvltleB Consultancy servlce5 13.838 11,229 13,838 11,229 Invtstynents Bank Inte$t re1vable 661 21 661 21 Olh•r Rentèl and other income from property loo loo 68,076 75.619 EXPENDITURE ON: Ralsbnv fund5 Zakaat paid Student prtzes, glfts antj treats Wages ané Salaries Employers penslons - defined contrfbuuons scheme Stsff training ght and heat Water rates 11.7601 16,0221 127.0781 1501 11,2001 18,1501 11401 11,8391 11,3911 11.5621 {86) 19011 11911 17921 19Crf)) 16,6961 125,8631 111,0741 1178) 14.088) {1.541) 1456) 1308) 1285) 1167) 1673) Repairs, renewals arbd maintenance In5ufdThce Printin9. Postage and stationery Advertising and marketing costs Tele¢ommunicatioThs 8ank charyes Depreciation of plant and machinery Accountancy fees 151,3291 152.062) (51,3291 152,062} INCOME 16,747 23,557 Page 12