# **REGISTERED COMPANY NUMBER: 08635866 (England and Wales) REGISTERED CHARITY NUMBER: 1158667**
## Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2024
for
Date Palm Primary School Limited
Date Palm Primary School Limited
Contents of the Financial Statements for the Year Ended 31 December 2024
||Page|
|---|---|
|Reference and Administrative Details|1|
|Report of the Trustees|2 to 3|
|Independent Examiner's Report|4 to 5|
|Statement of Financial Activities|6|
|Statement of Financial Position|7 to 8|
|Statement of Cash Flows|9|
|Notes to the Statement of Cash Flows|10|
|Notes to the Financial Statements|11 to 17|
|Detailed Statement of Financial Activities|18 to 19|
Date Palm Primary School Limited
Reference and Administrative Details for the Year Ended 31 December 2024
**TRUSTEES** Kamrul Islam Director M Mukhtar Miah Director **REGISTERED OFFICE** 82-88 Mile End Road London E1 4UN **REGISTERED COMPANY** 08635866 (England and Wales) **NUMBER REGISTERED CHARITY** 1158667 **NUMBER INDEPENDENT EXAMINER** Quilfords Limited Chartered Certified Accountants 113 Romford Road London E15 4LY
Page 1
Date Palm Primary School Limited
## Report of the Trustees
for the Year Ended 31 December 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
Our charitable objectives are underpinned by our values, ethos and approach. We the trustees, governors, staff, parents and friends of Date Palm Primary School are passionate about what we do and are always looking to support others in following the same journey. We are always learning and welcome opportunities to develop and to become more effective.
- The advancement of education in accordance with the national curriculum of the United Kingdom combined with the principles of the Islamic faith for the benefit of the public and local community
- To provide education for children and young people
- To develop children in their physical, mental, spiritual and moral capabilities so that they may grow to full maturity as individuals
- To provide education to children with special educational needs (SEN) in one of inner London's most deprived borough
- To provide training for teachers and other professionals working in the field of education of children with special educational needs (SEN)
- To raise donations to invest in our schools infrastructure so we can provide more services to our pupils and the local community
## **STRATEGIC REPORT**
## **Funds in surplus**
The charity received income of £548,359 (2023: £595,919) during the year. After outgoing expenses of £554,981 (2023: £613,775), the charity was left with a deficit of £6,622 (2023:£17,856) for the year.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Page 2
Date Palm Primary School Limited
## Report of the Trustees
for the Year Ended 31 December 2024
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 18[th] September 2025 and signed on the board's behalf by:
...................................... Kamrul Islam - Trustee
Page 3
Independent Examiner's Report to the Trustees of Date Palm Primary School Limited
## **Independent examiner's report to the trustees of Date Palm Primary School Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Page 4
Independent Examiner's Report to the Trustees of Date Palm Primary School Limited
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Askir Ali
Quilfords Limited Chartered Certified Accountants 113 Romford Road London E15 4LY
Date: 18/09/2025
Page 5
Date Palm Primary School Limited
## Statement of Financial Activities for the Year Ended 31 December 2024
|31.12.24
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
12,219
Other trading activities
3
536,141
**Total**
548,360
**EXPENDITURE ON**
Raising funds
4
554,982
**NET INCOME/(EXPENDITURE)**
(6,622)
**RECONCILIATION OF FUNDS**
Total funds brought forward
226,497
**TOTAL FUNDS CARRIED FORWARD**
219,875|31.12.23
Total
funds
£
32,622
563,298
595,920
613,776
(17,856)
244,353
226,497|
|---|---|
The notes form part of these financial statements
Page 6
## Date Palm Primary School Limited
## Statement of Financial Position 31 December 2024
|31.12.24
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
10
220,078
**CURRENT ASSETS**
Debtors
11
62,916
Cash at bank
36,015
98,931
**NET CURRENT ASSETS**
98,931
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
319,009
**CREDITORS**
Amounts falling due after more than one
year
12
(47,524)
**PROVISIONS FOR LIABILITIES**
14
(51,610)
**NET ASSETS**
219,875
**FUNDS**
15
Unrestricted funds
219,875
**TOTAL FUNDS**
219,875|31.12.23
Total
funds
£
260,956
62,916
19,758
82,674
82,674
343,630
(65,523)
(51,610)
226,497
226,497
226,497|
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.
The notes form part of these financial statements
Page 7
continued...
Date Palm Primary School Limited
Statement of Financial Position - continued 31 December 2024
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements were approved by the Board of Trustees and authorised for issue on 18[th] September 2025 and were signed on its behalf by:
......................................
Kamrul Islam - Trustee
The notes form part of these financial statements
Page 8
## Date Palm Primary School Limited
|Statement of Cash Flows||||
|---|---|---|---|
|for the Year Ended 31 December 2024||||
|||31.12.24|31.12.23|
||Notes|£|£|
|**Cash flows from operating activities**||||
|Cash generated from operations|1|34,256|25,949|
|Net cash provided by operating activities||34,256|25,949|
|**Cash flows from financing activities**||||
|Loan repayments in year||(17,999)|(19,277)|
|Net cash used in financing activities||(17,999)|(19,277)|
|||||
|**Change in cash and cash**||||
|**equivalents in the reporting period**||16,257|6,672|
|**Cash and cash equivalents at the**||||
|**beginning of the reporting period**||19,758|13,086|
|**Cash and cash equivalents at the**||||
|**end of the reporting period**||36,015|19,758|
The notes form part of these financial statements
Page 9
Date Palm Primary School Limited
Notes to the Statement of Cash Flows for the Year Ended 31 December 2024
## **1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES**
||**ACTIVITIES**|||
|---|---|---|---|
|||31.12.24|31.12.23|
|||£|£|
||**Net expenditure for the reporting period (as per the**|||
||**Statement of Financial Activities)**|(6,622)|(17,856)|
||**Adjustments for:**|||
||Depreciation charges|40,878|43,805|
||**Net cash provided by operations**|34,256|25,949|
|**2.**|**ANALYSIS OF CHANGES IN NET DEBT**|||
|At 1.1.24
Cash flow
At
£
£
**Net cash**
Cash at bank
19,758
16,257
19,758
16,257
**Debt**
Debts falling due after 1 year
(65,523)
17,999
(65,523)
17,999
**Total**
(45,765)
34,256|31.12.24
£
36,015
36,015
(47,524)
(47,524)
(11,509)|
|---|---|
The notes form part of these financial statements
Page 10
Date Palm Primary School Limited
Notes to the Financial Statements for the Year Ended 31 December 2024
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold improvements are depreciated over 15 years on a straight line basis. IT equipment and Fixtures & fittings are depreciated over 5 years on a straight line basis.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 11
continued...
Date Palm Primary School Limited
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
## **1. ACCOUNTING POLICIES - continued**
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. DONATIONS AND LEGACIES**
|Donations
**3.**
**OTHER TRADING ACTIVITIES**
Fee
Government funds
Child care voucher
**4.**
**RAISING FUNDS**
**Raising donations and legacies**
Support costs|31.12.24
£
12,219
31.12.24
£
323,385
205,000
7,756
536,141
31.12.24
£
554,982|31.12.23
£
32,622
31.12.23
£
337,131
215,000
11,167
563,298
31.12.23
£
613,776|
|---|---|---|
## **5. SUPPORT COSTS**
|Raising donations and
legacies|Administrative Governance Governance
Finance
expenses
costs
costs
£
£
£
£
61
549,470
2,466
2,985|Totals
£
554,982|
|---|---|---|
Page 12
continued...
Date Palm Primary School Limited
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
## **6. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||31.12.24|31.12.23|
|---|---|---|
||£|£|
|Depreciation - owned assets|40,878|43,805|
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
## **8. STAFF COSTS**
|Wages and salaries
Other pension costs|31.12.24
£
354,216
1,758
355,974|31.12.23
£
381,304
1,357
382,661|
|---|---|---|
The average monthly number of employees during the year was as follows:
31.12.24 31.12.2
No employees received emoluments in excess of £60,000.
Page 13
continued...
Date Palm Primary School Limited
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|||Unrestricte|
|---|---|---|
|||fund|
|||£|
||**INCOME AND ENDOWMENTS FROM**||
||Donations and legacies|32,622|
||Other trading activities|563,298|
||**Total**|595,920|
||**EXPENDITURE ON**||
||Raising funds|613,776|
||**NET INCOME/(EXPENDITURE)**|(17,856)|
||**RECONCILIATION OF FUNDS**||
||Total funds brought forward|244,353|
||**TOTAL FUNDS CARRIED FORWARD**|226,497|
|**10.**|**TANGIBLE FIXED ASSETS**||
|**COST**
At 1 January 2024 and
31 December 2024
**DEPRECIATION**
At 1 January 2024
Charge for year
At 31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023|Long
leasehold
£
409,243
157,610
38,078
195,688
213,555
251,633|Plant and
machinery
£
17,723
8,400
2,800
11,200
6,523
9,323|Fixtures
and
fittings
£
5,250
5,250
-
5,250
-
-|Computer
equipment
£
22,094
22,094
-
22,094
-
-|Totals
£
454,310
193,354
40,878
234,232
220,078
260,956|
|---|---|---|---|---|---|
Page 14
continued...
Date Palm Primary School Limited
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
|**11.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
**12.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE**
Other loans (see note 13)
**13.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due between two and five years:
Other loans - 2-5 years
**14.**
**PROVISIONS FOR LIABILITIES**
Salaries payable
**15.**
**MOVEMENT IN FUNDS**
At 1.1.24
£
**Unrestricted funds**
General fund
226,497
**TOTAL FUNDS**
226,497|31.12.24
£
62,916
**YEAR**
31.12.24
£
47,524
31.12.24
£
47,524
31.12.24
£
51,610
Net
movement
in funds
£
(6,622)
(6,622)|31.12.23
£
62,916
31.12.23
£
65,523
31.12.23
£
65,523
31.12.23
£
51,610
At
31.12.24
£
219,875
219,875|
|---|---|---|
Page 15
continued...
Date Palm Primary School Limited
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
## **15. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
548,360
(554,982)
**TOTAL FUNDS**
548,360
(554,982)
**Comparatives for movement in funds**
Net
movement
At 1.1.23
in funds
£
£
**Unrestricted funds**
General fund
244,353
(17,856)
**TOTAL FUNDS**
244,353
(17,856)
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
595,920
(613,776)
**TOTAL FUNDS**
595,920
(613,776)|Movement
in funds
£
(6,622)
(6,622)
At
31.12.23
£
226,497
226,497
Movement
in funds
£
(17,856)
(17,856)|
|---|---|
Page 16
continued...
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
## Date Palm Primary School Limited
## **15. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.1.23
£
244,353
244,353|Net
movement
in funds
£
(24,478)
(24,478)|At
31.12.24
£
219,875
219,875|
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
1,144,280
(1,168,758)
**TOTAL FUNDS**
1,144,280
(1,168,758)|Movement
in funds
£
(24,478)
(24,478)|
|---|---|
## **16. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2024.
Page 17
## Date Palm Primary School Limited
Detailed Statement of Financial Activities for the Year Ended 31 December 2024
|Detailed Statement of Financial Activities
for the Year Ended 31 December 2024|||
|---|---|---|
||31.12.24|31.12.23|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|12,219|32,622|
|**Other trading activities**|||
|Fee|323,385|337,131|
|Government funds|205,000|215,000|
|Child care voucher|7,756|11,167|
||536,141|563,298|
|**Total incoming resources**|548,360|595,920|
|**EXPENDITURE**|||
|**Support costs**|||
|**Finance**|||
|Bank charges|61|62|
|**Administrative expenses**|||
|Wages|354,216|381,304|
|Pensions|1,758|1,357|
|Light and heat|1,763|786|
|Rent|130,000|130,000|
|Activities & trips|2,054|10,126|
|Cleaning|-|314|
|Insurance|3,437|5,297|
|Books & School supplies|1,609|9,535|
|Subscription|291|576|
|Telecommunication|2,681|2,181|
|Supply teachers cost|2,940|4,764|
|Rates|5,445|13,780|
|Website|54|255|
|Staff training & welfare|-|240|
|Software cost|2,344|1,318|
|Depreciation of tangible fixed assets|40,878|43,805|
||549,470|605,638|
This page does not form part of the statutory financial statements
Page 18
## Date Palm Primary School Limited
|Detailed Statement of Financial Activities|||
|---|---|---|
|for the Year Ended 31 December 2024|||
||31.12.24|31.12.23|
||£|£|
|**Administrative expenses**|||
|**Governance costs**|||
|Charitable donation|2,466|2,050|
|**Governance costs**|||
|Accountancy and legal fees|1,200|1,200|
|Legal fees|1,785|4,826|
||2,985|6,026|
|Total resources expended|554,982|613,776|
|**Net expenditure**|(6,622)|(17,856)|
This page does not form part of the statutory financial statements
Page 19