Type text here REGISTERED COMPANY NUMBER: 08922089 (England and Wales) REGISTERED CHARITY NUMBER: 1158578 R•port of th• Trustw• and Unaudlt•d Flnanelal Stat•m•nts lor th• Ywr End•d 31 M¥¢h 2923 ALAMryAH EDUCATIONAL FOUNOATION LABS ATRIUM Chalk Fam Road NW18AH ALAMIYAH EDUCATIONAL FOUNDATION Cont•nts ofth• Fln•ncl•l Stat•ments for tho Y•ar End•d 31 Mar¢h 2023 R•port ol th• Tr￿1••# 1 to 3 Ind•p•nd•nt Ex•mln•rfs R•port St•t•m•nt of Fln•n¢l•l Acllvlll•• B•l•nc• Sh••t Not•* lo t￿ Flnan¢l•l St•t•m•nts 7 10 11 D•tsll•d Stat•m•nt of Fln•nclal ActMtI•• 12 to 13 ALAMIYAH EOUCATIONAL FOUNDATION Report ofthe Trusts•s for th• Year Ended 31 March 2023 The trustees who are also directo￿ of Ihe tharity for thè purp)ses ol the knpan￿ Act 2006, present I￿1r rèport wth the nancial statements of the chanty for Ihe year ended 31 Marth 2023. The trustees have adopted provisions ol Accounting and Reportr'ng by charit￿.. Stalem8fbt of Re(￿[TW*jed Practice applicabk to chanb.ès prèparir¥J ¢heb'r accounts in accordance with the Financial Rewjrlirg Slandard appkcabk in the UK and Rwt4ic of Ireland IFRS 1021 leffective 1 January 20191. OBJECTIVES AND ACTMTIES Obl•ctfv•$ •nd alm The AEF locused on the Idkh%ing main otpcbve ILV the fr￿n￿oI ye•r 2022-23.. . To run an Independent Islamic MontessLNi Set￿4 for pU￿"ts of8p >11 yw5 old. The aims ol the Alan￿ah Educab"onal FtyJndatKJn IAEFI are lo eSts￿L￿h a hc4istic ￿ IsLamic educats.on and parènung approach for th• chikl from birth till adutthocrtl using Ihe ￿4￿1eSS￿l methc*J and the values and prinuples of th¢ l$lami¢ F8lth. We aim to d$lNar this initialty Ihrough the ￿anS of a s[￿￿>?1 thklren ol baC*g￿ndS and through dèlivèring workshops and coutses lor parnnts and aduls who th wth thitrJren. Ensuring our work deliver3 our aims W& review ¢￿T aims. objectives. and aCtivi￿S anr￿aty. ThL8 wil 8n ovwK8w cl Iw6 been a¢h￿Ved by AEF over the ksl 12 months. This rmw will scrub"nis• over the last 12 monlhs has b8en loujsed on th8 delivery ol our aims and will aho 8pwais• 88 an (w98nr￿tK￿. The annual report ensures Ihal Trusl88S aims, objectives and athvilies ramain fwsed on the c*aribe$ ststed pu￿ or objects. The Trustees have, therefore, had due regard lo th• ¢ommis$ion's pU￿1C benefrt guKJan¢e when exerasirrfJ any pow8rs ￿ dut￿ and wh•n pl8nnirvJ future wilias, by ¢on$Klerry h￿1 they wll Cx￿tribUte to Ihe aims and obJectNes that ha￿ sèt. Slgnlncant •ctMths Indep8ndenl S¢hool f¢y Pupll$ age >11 Th& financial ￿#r $tsrlgd al • tirr• kn the was slim r•covedThJ from th8 8ffocts ol th• pan¢Jgml¢. M0•$u￿ such as Covid-salé prath'rAs. ¢onl1ThJenC￿ in case of 8 kK*¢Jcthn N bcal closur8, strir¥Jènl finandal controls were 8b50rbed into $v&ryday procedures lo ensure a strong rocovery and lo 8nsur• that Inf$d￿)n con¢rol ren)ained in place du8 lo a number of bc81 outbreaks ol ehildhood illMss•$. Th& $¢hoo1 w8s Inspected by the Indep8ndenl sch￿L8 Insp8ctorata ISI In Orlober 2022 wh￿h was succ•ssful. Tho ￿$s¢d al of the stsndards ts reguLrytory corry)Iianc*. Th• ￿or 8nd•d wfth tho 1058 of the Headt8achèr, who pa$sèd away in Febnjary 2023. This resulied in a reslnKturing ol manag•mant and also Its chang88 vlthln IM s¢hc*J lo •nswe that s¢ho01 r•m•ined stabkn o¥er this p8rtod of Sectors ol thè Communty Swved by the AEF In 2022-23. the AEF 3eryed puw'Ls and families from a frjl r8rrfJe of elhnk bgd11 years Volunte•rs Volunteers have made a bwJ drfèwce to Ihe work of the Sd￿￿1. Admini8trative wcrfk aThY maintenance, resource preparntion and organisation h8ve been urKlertaken by parent volunteer5. Fundraising and mark6ting wfrre also araas whid) wèrg supported ty volunteer5 a5 o¥erseen by Sen•Jr Manaw*rt aThl Tnjstees. Pa9e 1 ALAMIYAH EDUCATIONAL FOUNDATION R•port ofth? Trustees for th• Y•ar End•d 31 March 2023 FINANCIAL REVIEW Flnancial poshion The AEF entered the finarKkal year uncethnty resulbrvj Irvm I￿ after*ffects of the parvJ*miG. Th 'c4)6l of livyw crisls., Iad to increased c(1sts across many aréas irKaudir#J. Ul1rf￿s. maintenance and consumables. As a resuh. AEF expeThJrturè increased lo £228,990, which wa5 a 9.7% wvease previoLK8 year. Thè AEF T9￿1ved a iotal inctsne of £235.739 Of which £20.754 were donatK)ns from a variety of in￿atiVeS. Thi8 meant that the total income generated by AEF Ser￿￿$ and acb'vitios incr•as8d by 15.1% in comwison to th8 prev￿ ￿r. AEF 8rM18d ¢hg year in profil dew.te incr8ase(I costs. due to an increase puill numbers, an increase in lees and incrnas•d ftmdtsising actiwty. During Ihis finarwl y&ar. puwl ThJmt*TS incrnased.. r¥Jmb8rs rètLm8d to leve15 in th8 nursery uihort during the momlng $&ssity). Incorre from the ol educabonal fac41ths w8$ hwher as a ￿sU￿. Th￿• was a 9.7% increase on ragè in pupil nurnbers in nu￿ery a￿1 pnmary durry the nK)miThJ sesBion in (￿mparisOn lo l#$t year and a 16.1 % Increase on average in numbers dumg the after￿￿)n S￿￿)n. Htxltver. numbefs decreased by 4.9% in middle aThJ upper primary from previous leveL8 in 2021-22. R$￿1 irrAe83es in nursery numbers in the aftemoon 5gwon were dv8 to nursery pupils being provided with full days. A raduc1￿n in nursery numbers in the afterr￿n s8ssion was pul in place mainly to locus on the quality ol provision lor PUIMLS of age >7 ye*$ dd. A very srnall of fvN t1ay nursery pup￿5 Were trialled to see if tt was possib￿ lo malnlain qualty %¥hilsl bco5bryJ Ir￿Orne, by prowding a limitgd number of nursery lull day pLqces. Expendrture was at o mud) higher to the previous year mainty due lo an incr•as• in the cosl of SeNc￿. C£Jnsumab￿s. and ubliti&s, for •xample. utihty c•)8ts Increas￿ by 44.8%, serwKtt like de8Nng inrJè8sed by 47.3%. The increase In total oxp•ndIt￿ directy corrdaled to an In fix•d costs. The year 2022.23. was a tha1￿n91r￿J year lo the'ctyt of ￿"rt0 %*Nch knl to a spiralhng of costs 8¢ro88 school. The AEF reSp(￿ded lo Ihis increas• in •xF4nditure by increasirKJ fees Irom January 2023 and $ethng aside fvnds raised In the previous year to COV8f th8 slKyffall. The organi5atKJn adapted lo ch8ro8s whiLst ¢onbnuing lo deliver educalk)na Provision to PUF41s and c£JnbnuirYJ to $alg9uard Ihe scw and ts pupls. parents and staff. Dwite the financial chalsengès. the AEF ended the year In profft, m8int8ined inve5tsnent into Ihe sdK(*s p￿￿"Shin and d*li¥ery of pU￿1C benefit as stat8d In the AEF obpcts And manag¢d to mairtain a resor¥• nOC￿8￿ry for th• fuiur• $ustsinat411ty d the sctsx4. R•$eTh•• pollcy The AEF has a polty to molnt8in a mknimum reser￿ of months of cw8lKnal tXBts In order lo contlnua 0￿ratIng •ffectivoly on 8 ¢a8h flow basis. In 2022-23 Ihis w8$ ur¢0 £57,248. Mairtw'ning this reserva •n$ur¥$ thal Ihg 68rvices and ¢hadtsble objects ol Ihe AEF can Contrn￿ d•sbyto an inlWWPtw in cperalKJns or a swJnfftant loss of income Bnd secures thè finanrial FQSitK>n ol the organisal*)n as a w'rg corwn. 11 has ￿lm up over four nKMths' ol owrves th18 year. The AEF aims lo bulld up a reserve ol six monlhs of cw8thjn￿ c¢th to a(kl further security •swco1ty dug to ¢ts financial uncertainty r•lalgd to Ihe currenl ￿￿"¢81 and •corK)mic dlmate. folk)ws finandèl procgdures In acoydance whh financial reguLfjtMs apwoved by tr• Bo•rd ol TrLtyIe￿ •vJ in Ine the Charfty Commi$*on, Ccmpanw Plwse and Iho HMRC. Golno ¢on¢•rn Cow¢$19 There was no ftth8r disrupkn to edLKalwl py0vis￿ durirwJ the financial y•ar 2022-23. Condibon5 in the sector stablli98d Binc8 thar& wa$ no Inttrrrupt￿ in prov￿￿. H(wever th& $￿tOr w8S UtM1•r str•n ffinancialty due to the after4ff8cls of CovKI. Fees income in¢wsed and puw'l nwnbers rebjmed to Wa-cowd ￿￿ls. Th* ty9•ni￿￿on weathered further disruplon posod by the aft•r*ft¢¢ts ofthe pandemK and c4)ntin￿d to be 8 vthlo and ￿n￿orn. FUTURE PLANS The year 2023.24 fws the edwaliongl qualty and of th• c#miwlum educalpanal outcoms at th• schcd whlst en$uring Ihai Ihe sc*oofs operation and wocessos aro MI￿St. Ro¢rurfm¥nl continues to be a priority through rewtwing rvcwrt￿nI processes, contir¥Jenoes for cover slaff and 5eeknng ways io attract skn'M8d and èxp8rien¢ed practiboners inlo the schcd. The schc¥)I management inf(rnts￿ SyS*m and asSess￿nt and tracking system are in thè èarly 5tsges of Tdl cAJt. Trainiw staff lurth8r In th• vsè of oJrr¢nt IT systems wll ntroduce lurth•r effia•nC￿e$ into the scIKM)l. Another area of d&v•b¥m•nl ￿11 bè the eSta￿lShMent a new. effic*nt and autonomus 8drninistrative team in the next academic year equpped dèar protorJ)k and wwedures and reporting dubes. Devek)pm8nt tsl èducatK)nal qualty will focus on irnprovements in toaching bamiThJ of readirg. Ihe application ol languaga usiru good literature, mental arithmen￿.¢ and ¢h8 ap￿￿tI)n ol ma¢ham8tis uwrvJ wc*d prcknknms. defvery of profes&onal Phy5i(%l E(JuGqtion coaching 8nd the area of c*rtdoor practscal Ifè sknlls from year to six. Another area ol ¢Jevelopment srts abngside the quality of teaching and baming in the upw wll be Ihe upper SC￿ kamitvJ enwronment. The team wll wntinue lo revi&w proces￿$ and prath.cè acixjrding to Ihe AEPS Wis￿, mission. and valu8S Wth a yisw to lurther embed these core valu&s across all dtpartrnents inc4udir4J t&ichr￿, SUPF*Yt. athTh"nislwativè tèams. Pagg 2 ALAMIYAH EDUCATIONAL FOUNDATION Report ofth• Trustws for thg Y￿r Ended 31 Ma￿h 2023 STRUCTURE. GOVERNANCE AND IAANAGEMEP Gov•rnlng do¢um•nt The charity Is constituted as a thnpany limit•d ty 9uarnnt•è is thgrdore sThemed by a memorandum and artkK•s of assttith"on. The directors of the rxjrnpany are a150 trustees rf Ihe tharity. ElvJit*lty for membership of the board ol trusteès is govarned by thg merrKnndum and ol assoriatyon. REFERENCE AND ADPAINISTRATIVE DETAILS R•9lst•r•d Company numb 08922089 IETrJland an(J Wales) R•gl$t•r•d Ch•rrty numbgr 1158578 R•gl¥t•r•d offic• 115 M8rftK)rough Road Ess$x RM8 2ES Trust￿• Dr U Ayub IChaSr pers￿) N J Haylon Dr A Misra Ms S Mot8ra (Principall Ind•p•nd•nt Ex•mln•r Alph8nurneric Accountants Limited LA8S ATRIUM Chalk Fami Road London NW1 8AH Approved by order of th8 board ol InJst•es on ..... .. $*ngd on N8 bohaff ty, Ayub- Trust•e Page 3 d?￿ndent Examlnerf• Reportto th• Trust••s of ALAMIYAH EDUCATIONAL FOUNOATION Indo￿ndent examinerfs Fpport lo the trustee5 ofALAMIYAH EDUCATK)NAL FOUNDATION Company'l I report to the tharity tnjstees C￿ my examsnation of the acLxunls of the Conwy for the year 8nd8d 31 March 2023. R•sponslbllttl•s and basls ol r•port As the charitys trustees ol the Company land also its drec1ry5 tr the PUfP05es of c4Nnpwy lawl are responsit4e for thè preparatlon oltho a¢xounts in acc4)rd￿ vith Ihe requirements ofthe ccfflpan￿ kt 2Crf)6 lkne 2C￿ Acfl. Having 5ati8fied mysem that the aco)unts of the Company we Tr)t required lo be audite¢J under Part 16 of the 2006 Act and a￿ eligibK8 for independent examination, l ￿pOr1 in respocl ol my eXarr￿nal*)n ol y￿r ¢harity's a¢¢ounts 85 carried out under Se¢bon 145 of the Charitses Act 2011 llhe 2011 Adl. In canwng my examinat￿ I have follow8d the DirectK)n5 given by the Charity CoMmissK￿ ￿der Seclion 145(51 Ibl of the 2011 Ad. Ind•￿n￿onI ¢xamin•¢s ¥tat•mgnt I have compbtgd my gxaminatbon. l thai ￿ maltors l￿fi8 to my 8tt•nbon li LMn•ctth with Ihg gxomination giwrg rne cause to bel￿.. accounlThd recortls w•m not k•pl in r•sp•d ol Cthyiy 8$ rwuirnd by Sa￿￿)n 386 of Ihè 2C4)6 Act.. c the accounts do rK)t accord wrth th)se records., or tho accounts do nol ¢ompty wth ts a¢¢￿ntir￿4 r¢quir¢ments of Sth 396 01 th& 20C6 Act other Ihan any rnquir•m8nt that lh• •t￿nts • tru• tsir is not • matter ccfflspJ8red a6 Part of an independent 8xaminalk)n', or the a￿ount$ have nol been prepared in accc¥d*Ke wlh the m8lhods and pnncwes ol th• Stat8m8nt ol RecomThnded PraclKe for acc4yJntir¥J reF*)rtirvJ by charities lappkable to chantifrs pr&par¢ng Ih&ir a¢¢ounl$ in •c￿rdance with the Financial R8poitiTrJ sta￿lan1 applcable in Ihe UK and R8publK of Ireland IFRS 10211. I hava no cxJnc8ms hav• othw mgllws in ¢x8minats)n lo whKh attention ghould be drawn In this r•wl kn order to an3￿ • pr¢yf uThJwstaThJty ol th¢ •(%¢unts re•ched. Haroon R¥shitJ AJphanum?ri¢ AccounlanlB Limiled LABS ATRIUM Chalk Farm Road London NW18AH 22.12.2023 D8t•'. ALAMIYAH EDUCATIONAL FOUNDATION St•tem?nt of Flnanclal Actfvhl•s Ilneorporating an Income and Exp•ndltur• k¢ountl for t￿ Y•a¥ End•d 31 March 2023 31.3.23 unrestn.cted fund 31.3.22 Total lunds INCOME AND ENDOIMIENTS FROM DonatK)ns and legacies 20,754 4.924 char￿atsIe actlvttl•• Provision of education faalthes 214,985 199,860 ItW8Stmanl in¢om& Tot•1 235.739 204.786 EXPENDITURE ON Charttablè •dlvbtl•• Provision of education facjlrbes 228, 208,647 NET INCOMEIIEXPENDITUREI 6,749 13,8811 RECONCILIATION OF FVNOS Total funds broughl forward 95,438 99,299 TOTAL FUNDS CARRIED FORWARD 102,187 95.438 P&3e S AL4MIYAH EDUCATIONAL FOUNDATION Balance Sh•et 31 March 2023 31.3.23 Unrèslrictsd fund 31.3.22 Totsl funds FIXED ASSETS TaThJible assets 3,636 4,183 CURRENT ASSETS Oebtors Cash at bank and in haw¥J 31.592 80.991 36,151 69,800 112,583 105,751 CREDITORS AJnounls lalliry due vthin one yew 114.0321 114,4961 NET CURRENT ASSErs 98,551 91,255 TOTAL ASSETS LESS CURRENT LIABILITIES 102,167 95,438 NET ASSETS 102,187 95.438 FUNDS Unr8striet•d funds 102.187 95,438 TOTAL FUNDS 102,187 95,438 The charitsble ¢ompany is enlrfknl lo exemp￿0￿ from audit under Section 477 of ihe Cryani8s Act 3)06 lor tha y88f ondod 31 March 2023. The members h8v¢ not required the company to otAain an •￿Jit of ils finan(aal statements for the year ended 31 March 2023 in acwrdance wlh Section 476 of the Compani8s Act 2006. The trustee6 a￿n0¥￿edge Iheir resFoMbilths 191 ensuring that thè charita￿• ¢ompany k•tys r8c£rts thai comssy ¥￿th s￿￿)rts 386 and 387 01 Ihe COMpan￿S Aet 2006 and PTep8rfng fin8nd81 stalemenls whKh gNe 8 and lair view ol the slale of affairs of ihe charitable company as at the end of each financial yew and of its surplu5 or defi(al for eath finanual year in accordance wlh the requirements of SectK)ns 394 and 395 and vthich olhewse conwty ¥trith the requirements of the compan￿ Acl 2006 ￿lalIng to rinancjal stalements. 60 lar as lo Ihe charilabkn c4)mwy. These financial slatemenls have been prwared t•Ath Ihe ￿SkIrts a￿1￿*18 io thar1lab￿ compankrys subject to the small companies regime. The financ￿1 statemènls werg apwoved by th• Board of Tfttst￿ aul￿r￿8d for on ......... . . ... ... and vRre ¥i9ned on ts tehBif by.. yub- Truslee ALAMIYAH EDUCATIONAL FOUNDATION Notes to the FlnancSal Stat•ments for thè Year Endod 31 March 2023 ACCOUNTING POLICIES 8Mls of prnparlng th• flnw)clal stat•m•nts The f#)anual statèm&nts of thè tharrtab￿ (x)mpany, whith ￿ a p￿j￿C benefil entrty undèr FRS 102, have been preparèd in 8ccordanr* wilh Ihe Chariligs SORP IFRS 1021 'Pu(￿nting aThJ Rewrting by Charit￿$.. Stslement of Recommènd8d Practice applvt4e to th8nbes Prepar¥￿ thwr acctsjnts tn accO￿ante with Financial Reporting Standard applrable in the UK and RepuNic of Ireland IFRS 1021 leff•th"v8 1 January 20191,, Fin8rv81 Reporting Standard 102 The Finanual Re￿tsThj Slandard aPpI￿atrAe in the UK an¢J RepublK ol Ird8nd' and the Companies 2006. The financ4al stalemnts have been p¥epared ut￿r Ihe histLvwxl u)st (x)nvgnbon. Crftleal aeeountlng ludg•ments and k•y of •stlm•tlon unc•rt•lnty Thè prepar8t￿)n of f nancial slatements requires management to make judoemonts. •sthnales #ThJ a$8umption8 that affed the amounts reported. These e5tsm8tes and judgements a￿ C￿n￿nUallY rovwgd and 8re base(l orb experience and other lactors. induding exFec1atic￿S of f[rtu￿ events that are to ￿ reason8bkn under Ihe urcumslances. There have been no judgements lapwt frcffj th)se wwoknrvJ •st*nab"c￿91 that managemgnt has made in the process ol apptyiro the enl'vs accounts"NJ Fo1￿1&S and that hav8 thè sKJnifK8nl effec4 on the amounts recogntsed in the finanaal statements. Incom• l income is rwniq•d Ki th• St81om8nl of Financial Aclmbts orK• Ihg ￿kn￿emen1 lo Ihe hjnds, rt 18 prcbabb th81 thè Inc￿￿• ￿1 be re¢•Ned •M￿nI can be mtrasured rdkgbty. Th* foHowing $kxTrfic F4)k*s to p￿￿￿lIar C•tegm of incum.. . In¢omtr from &)nations or grants iy Tewi8ed there ts 0￿dance of •nts"11•7)•nl to tho grfi, r•coipl is probabkg and it8 amount can b8 rr￿Sl￿O￿ rnhabty. . Le98cy income is rncognwd V*twi rK•ipt 1$ wob•bb• and •ntillem￿l 18 estsbli8hed. - In¢¢m• from donated g￿3S is measured 01 the lair vakn8 ol Ihb g&)ds unl8ss Is Impr•di¢al to mtrasuffj reliably, In whKh case the value is derived frcm Ihe cost to the donof or th8 ￿￿"Mat￿l w81￿. DonBle(I facilrties and Bervices are recognised in Ihe aCc￿nts wh8n r8c•w•d rf th• va￿* can be rel.8￿Y me8sur8d. No 8mounls are Included for the contritAllKJn ofgenefal ￿￿nte￿s. - Income from contracls for th8 suppty of seNic•s ks r•co9nis•d wth the (Wivery ol the u)nlra¢led seryKe. This is dasslfied as unreslnct•d lunds unl8ss th•rè is a Cc4)lrnaU￿ wuiomnt ts rt to be spent on a pwticJJlar puwe and retumed K unsp8nt. in which case ft moy ba rg9arded 0$ r¢$trthJ. Exp•ndltur• Llabilib8s are r•ctsJnisèd 85 •xpenditur• as soon 4$ the￿ is a 19981 or C￿$t￿￿1•¥￿ oblKJatKm commth'ng th8 charity to that ¥xwnditvr•, (( 1$ prob8ble ¢hal a lrnnslw of ecorw1￿ beneffls will be required in settlem8nt and the amount of thè ob11g8ts.¢￿ can be measured relwbty. Ex￿ndItU￿ is ao>)unled for on an acuuats basis and has b￿n clasgffigd urKlar heading5 Ihat aggregate ￿1 oJst re￿tfjd lo the category. w￿re (osls canTh)I be dir•clly attn'butèd to pa￿Cular h•ading$ they have be￿ 8IIocaied lo adm￿ M 8 b8515 consistenl V+ith Ihe use ol res￿Jr¢e$. Exrenditure indud8 ￿Y VAT cannot be futy T￿0Vered. aThJ is da8srf*d uTha•r h•adlrys of st•temenl 91 finandal actbvltses to vthKh h rdat•s: . expendrture on raisirwJ fuThJ$ In¢kths lh• of all lurnlrai&ThJ 8(aMt￿. everts. non-Chantsb￿ trading activit￿$, and thè sak of thjnaitd goods. . expéndituo on thaniabl8 a¢b￿be$ inehjdes aN CA)Sts i1￿rred by a charity tr5 undertakirrfJ actmttes that fijrther Its thar[tab￿ Bim$ lor Ihe of ts bgngfici8ri95, inchKlng lho￿ 5￿pOrt cosls and costs relats'ng io the govemance ofthè ¢h8nty 8Pkxjrl￿n￿ to dwntable 8ciNrtw. - other expenditu￿ incbjdes dl expenditwe that 15 neither related to ￿l￿1vd fur¥Js lor th¢ th81ity rw p•rt of its expendilure on Chantab￿ athbes. All costs aré alkyAt￿ to expsnditurè ¢￿t￿rI•S rellBctirg Ihe uye of the resou￿. Llrect costs attributsble to a single activty arè althated diredy to th8t aclivity. Shared (x)5ts 8Te apport￿ed bewn the actwities thoy contritrmjte to on • reasonab￿, justffiable and c4MiStent basis. contin￿... ALAMIYAH EDUCAnoNAL FoUNDAT￿)N Nots8 to thè Flnwn¢i41 Slat•m•nts- eontSnu•rf forth• Y•ar End•d 31 March 2023 ACCOUNTING POLICIES - ¢(xrtlnued Tanglbl? fixed ass•ts Depreciation is provKled at ts folbwrrfj anr¥Jal rntos in wder lo off 8$8et over rts estim8W u￿￿11 lrfe. Planl and machin8ry Fixtures and fittings 25% on o)sl 15% 1)n r•JucirvJ balar Taxatlon The c*anty is ex•mpl frtyn corpyakn tax ts chawilablg thths. Fund *¢¢ountlng Unrestricted funds can ￿ u*1 in 8ccc¥d8nce whlh th• th•rilable ot4ects¥es at thè ofthe irus1￿. Restricted funds can onty té used for pawbujlar rtsstnt￿d purp05e5 wthin lh8 objects of the charlty. Restrictions artse when spocrflgd by the do￿ or funds ar¢ raised for particuLqr rèstn.cted purFK)ses. Futhw •xplanath)n ofthe nature and puw ol•ach fiJrKI is in the rotes lo the fin￿￿01 ststomenls. P•n•lon colts and oth•r p￿t￿r•m•nI b•n•llts The charit8bl¥ company operales a defined rx)nln'bution pens￿ s¢hem8. Contritrwjlions poyabkn lo the chantsbl• company5 p9n5￿n 6ch8me af• lo Ihe Statemont of Finw•l A(*vttw in th• p•n"od to Vttb￿h they relat•. Umlt•d by gu*rnnt•• amiyah Educalional Foundat￿ IB a ¢onwany limmod by guwantO0 or*J 8tt*KdirvJty iknes not ha￿ a $h8re caprtal. Every of lh8 company Lmd8rt•k•s ￿ contiitNJle suth as rnay t* r8quired not exceeding £1 t¢ the ss$tS of tho Charitab￿ company in the event of ts t*irg w￿fid w) vkni18 he or sh& 1$ 8 memb8r. or wrthin one year 8fter he ￿ she ceases to ￿ 0 memt•r. INVESTMENT INCOME 31.3.23 31.3.22 Dop08tt acojunt Int•r•sl NET INCOMFJIEXPENOITUREI Net Incorn￿lIaxpondrtuT?l slated aftor 31.3.23 31.3.22 837 Indawndent 8xaminerfs fee 1.680 TRUSTEES, REMUNERATION AND BENEFITS ThÈre were no twstees, rnmun0w•tK￿ OT other ben•ffts for the yew ended 31 Marth 2023 for Ihe year ￿ded 31 M8rch 2022. Tru•t••s' •xp•n••ty Thw* no trustees. ex￿n$•$ paid fty year ended 31 March 2023 for the year 31 March 2022. continuod... ALAMIYAH EOUCATIONAL FOUNDATION Notss to the Financial St*•m•nts- corrtinued for tho Y•ar End•d 31 Mareh 2023 STAFF COSTS Thè averagè monthty numb•r ol dLKiro Ihe year was as fokn¥s'. 31.3.23 12 31.3.22 SchcK)1 staff No empbyees recaved erTr￿Uments ￿ excarys 01£60.0￿. TANGIBLE FIXED ASs￿s F￿r•S and Planl and machir Totsl$ COST At 1 April 2022 AddltKm8 1,019 61,054 62.073 290 At 31 March 2023 1.019 61,344 62.363 DEPRECLATION At 1 ￿)n1 2022 Charga lor yèar 430 255 57,480 57,890 837 At 31 M8r¢h 2023 58.042 58,727 NET BOOK VALUE At 31 March 2023 334 3,302 3,636 At 31 March 2022 4,183 OEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.23 31.3.22 Trade debtors Renl deposrt Prgpaymenls 9￿1 oc£rwl Sr 1,971 16,250 13,371 7,529 18,250 12,372 31.592 36,151 Ptye9 ¢ontinued... ALAMIYAH EDUCATIONAL FOUNDAnoN Notgs to th• FlnaTrclal Stat•m•nts- eontinu•d for th• Year Ended 31 March 2023 CREDITORS: AMOUNTS FALLING DUE ¥YITHIN ONE YEAR 31.3.23 31.3.22 Trnde creditors ial security and other tsx•s Other creditors Pension l￿bilty 5,980 3.407 2.689 6.434 286 1,680 6,037 335 14.032 14,496 MOVEMENT IN FUNDS Net Kjvement funds At 31.3.23 At 1.4.22 UnY•8tricl•d fund• General fund 95.438 6,749 102.187 TOTAL FUNDS 95,438 6,749 102.187 N•1 movemenl in furKl8, Ind￿led kn th8 a￿)￿ arn as folw.. IrKcrfnirYd Rfrsources resoufces gxpended Movement in funds Unr••trkt•d lund• General fund 235,739 1228,9901 6,749 TOTAL FUNOS 235,739 1228.99)1 6,749 Comp•r*UvM for MI)v•n￿nI In funds Nel K)veff•nl in fvnds At 31.3.22 Al 1.4.21 Unr••trkt•d fund• General fund {3.8611 95,438 TOTAL FUNOS 13,8611 95,438 Incomir Resources rssowces expend Movement In funds unr•8tr1ct￿ funds G•n8ral fijnd 204.786 1208.6471 13,8611 TOTAL FUNDS 204,786 1208.6471 13.8611 Page 10 conb'nued... ALAMIYAH EOUCAnONAL FOUNDATION Nt)t•s to th• Flnan¢Sal Stst•m•nts- continued for the Year End•d 31 March 2023 MOVEMENT IN FUNDS- coNtOn￿d A ¢uThent year 12 Months aryl prK)r year 12 ￿￿th$ cc#nbned as folkm.. Net vement in lund5 At 31.3.23 Al 1.4.21 Unr•strlcted funds General fund 2.888 102.187 TOTAL FVNOS 2.888 102.187 A current year 12 rnonths aThJ prior year 12 mcth cthyn8d rét rThMtr•nt in fvnds. irtwod kn the Abovg 8$ follows." IrK(￿1￿j rosources Resources ex￿nded Movemenl in fund8 Unr••trIet￿ funds Genw81 lund 440.525 1437.8371 2,888 TOTAL FUNDS 440,525 1437.6371 2,888 10. RELATED PARTY DISCLOSURES Thwe were no relaled paty ts¥n8aati)s yoar 31 Mafth 2023. Page11 ALAMIYAH EDUCATIONAL FOUNDATK)N D¢tail•d Stat•m•nt of Financial Activili for the Yeor End•d 31 March 2023 31.3.23 31.3.22 INCOME ANO ENDOWMENTS Oonatlom and lo9￿1 Donations 20.754 4,924 Inv•8lm•nt Incom• Deposrt account intar•$l Charllabl• actlvlths Funding from London Bortrjgh ol Barkirs wvj Dagenham Prowsion ol •du￿1￿ I￿lI11e$ 30,459 184,526 31,456 168,404 214,985 199,860 Tot•1 Incomlrbg mour¢•$ 23S,739 204,786 EXPENDITURE Charlt•bl• •ctlvltl•• Wages Sw'al security Pensions Rent and rat¢$ Insuron Light and heal Tglephone Postage and stadomry Advortlslng Sundnes Purchas8s- Khtr)l To8ourc68 Food & Drinks Sub-eontra¢tor8 Cl&aning and waste C¢)mpuler runnirvJ c05t Equiprnenl leasiThJ Recrullm8nt and Ir•ining Repai￿ arKS maintenarKe Subscriptions Educ81ion81 visits and events Olh6r16gal and pr0le5sicr￿h Plant and rnaGhinery Flxtur•$ 8nd frtlity$ 129.283 2,480 1,599 39.489 3.679 5.576 126,520 2.981 1,096 38,075 3,464 3,853 380 602 196 353 3,338 93 3,748 766 11,446 4,455 3,000 4.750 3,283 2.714 1,S18 764 922 3,427 1,081 2,684 255 634 574 1,432 3.840 4.462 2.032 255 583 221.632 202,926 Support ¢￿ts Flnane• Bank eharg•$ 102 99 Gov•manc• costs Accountancy and kgal fees 7.2 5.620 This page ¢kns not lorm F)*t ofthe ststutory fwwiaal stateM￿ts 12 ALAMIYAH EDUCAnoNAL FOUNDATION D•tall•d Stat•m•nt of Financial Activrt for the Year Ended 31 March 2023 31.3.23 31.3.22 Tolal resourc•s •xp•ThJ8d 228,990 208.647 N•t I￿om•11•xP•ndItur•) 6,749 13,8611 This page does Tr)t Icm F*rt ol Ihe stsbJt¢yy finanoal statem8nts Pa9e 13