Charity number: 1160564 ## **Daarul Arqam Education & Welfare Trust** **UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31/03/2025** **Prepared By:** Avalon Partners Ltd 35 Watling St Rd Preston PR2 8EA **Daarul Arqam Education & Welfare Trust** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2025** ## **TRUSTEES** ## **REGISTERED OFFICE** ## **CHARITY NUMBER** 1160564 ## **ACCOUNTANTS** Avalon Partners Ltd 35 Watling St Rd Preston PR2 8EA page 1 ## **Daarul Arqam Education & Welfare Trust** ## **ACCOUNTS** ## **FOR THE YEAR ENDED 31/03/2025** ## **CONTENTS** ||Page| |---|---| |Report of the Trustees|3| |Statement of Financial Activities|4| |Balance Sheet|5| |Notes to the Accounts|6 to 10| |Detailed Statement of Financial Activities|9| page 2 ## **Daarul Arqam Education & Welfare Trust** **FOR THE YEAR ENDED 31/03/2025 TRUSTEES' REPORT** ## **EDUCATIONAL DEVELOPMENT** The Trustees have continued to prioritise the education of our students, extending and improving our facilities to ensure excellence in secular studies. These enhancements provide students with the resources and environment necessary to achieve their full academic potential. ## **STUDENT PROGRESSION** Thanks to the Trust's support and guidance, a significant proportion of our students are now progressing to university and further education. Many are undertaking professional training across diverse fields, including science, medicine, engineering, and other essential disciplines. Their success reflects directly on the quality of assistance and mentorship provided by the Trust. ## **LONGTERM VISION** Our overarching aim is to empower these students so they may serve and uplift all communities throughout the country. By investing in high-quality education today, we seek to cultivate skilled professionals who will contribute meaningfully to society tomorrow. The Trustees remain committed to expanding this work and deepening our impact in the coming year. ## **STRUCTURE GOVERNANCE AND MANAGEMENT** The charity is constituted as a Charitable Incorporated Organisation (CIO), a legal structure that provides the Trustees with limited liability while maintaining the organisation's charitable status. The CIO is governed by its Governing Document, which outlines the duties of the Trustees, decision-making processes, and financial controls. The Board of Trustees meets regularly to oversee the strategic direction of the charity, ensure compliance with legal and regulatory obligations, and monitor the achievement of our charitable objectives. The Trustees are responsible for all major decisions, including budget approval, policy setting, and the appointment of key personnel. Operational management is handled efficiently through a clear delegation of tasks. Where applicable, day-to-day activities are managed by appointed officers or a paid executive team under the direct supervision of the Board. This structure ensures robust internal controls, effective risk management, and transparency in financial reporting. The Board maintains a positive culture of collaboration and accountability, ensuring that the charity continues to deliver its mission with professionalism and integrity. The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. This report was approved by the Board of Trustees on 08/06/2026 M Ally Trustee page 3 ## **Daarul Arqam Education & Welfare Trust** |**Statement of Financial Activities**
**for the year ended 31/03/2025**
**Unrestric**
**ted funds**
**£**
**Income**
Income from generated funds
Donations and legacies
75,654
**Total Income and endowments**
**75,654**
**Expenses**
Costs of generating funds
Expenditure on Charitable activities
43,221
**Total Expenses**
**43,221**
**Net gains on investments**
**Net Income**
**32,433**
**Gains/(losses) on revaluation of fixed assests**
**Net movement in funds:**
**Net income for the year**
**32,433**
Total funds brought forward
1,014,270
**Net funds carried forward**
**1,046,703**|**Unrestric**
**ted funds**
**£**
75,654|
**Restricte**
**d funds**
**£**
-|**2025**
**Total**
**£**
75,654|2024
Total
£
163,636| |---|---|---|---|---| ||**75,654**|**-**|**75,654**|163,636| ||43,221|-|43,221|148,346| ||**43,221**|**-**|**43,221**|148,346| ||**32,433**|**-**|**32,433**|15,290| |||||15,290
998,980| This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities page 4 ## **Daarul Arqam Education & Welfare Trust** |**BALANCE SHEET AT 31/03/2025**
**FIXED ASSETS**
**Notes**
Tangible assets
3
**CURRENT ASSETS**
Debtors (amounts falling due within one year)
4
Cash at bank and in hand
**CREDITORS: Amounts falling due within one year**
5
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS: Amounts falling due after more than one year**
6
**NET ASSETS**
**CAPITAL AND RESERVES**
**Unrestricted funds**
General fund
**8**|**2025**
**£**
935,637
847
482,870

483,717

22,651
461,066
1,396,703
350,000
1,046,703
1,046,703
1,046,703|2024
£
444,796
1,778
929,850
931,628
7,153
924,475
1,369,271
355,000
1,014,271
1,014,271
1,014,271|2024
£
444,796
924,475| |---|---|---|---| For the year ending 31/03/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. ## **Approved by the board of trustees on 08/06/2026 and signed on their behalf by** ............................. Trustee page 5 ## **Daarul Arqam Education & Welfare Trust** ## **NOTES TO THE ACCOUNTS** **FOR THE YEAR ENDED 31/03/2025** ## **1. ACCOUNTING POLICIES** ## **1a. Basis Of Accounting** The accounts have been prepared under the historical cost convention. The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **1b. Incoming Resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **1c. Resources Expended** 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. ## **1d. Allocation And Apportionment Of Costs** All costs relate to the single activity of the charitable company and are recognised accordingly. ## **1e. 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. Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects. ## **1f. Depreciation** Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. page 6 ## **Daarul Arqam Education & Welfare Trust** ## **2. EMPLOYEES** |Average number of employees
**3. TANGIBLE FIXED ASSETS**
**Cost**
At 01/04/2024
Additions
At 31/03/2025
**Depreciation**
At 31/03/2025
**Net Book Amounts**
At 31/03/2025
At 31/03/2024
**4. DEBTORS**
Amounts falling due within one year:
Other debtors
**5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors|**2025**
**No.**
2
**Land And**
**Buildings**
**£**
444,796
490,841
935,637
-

935,637

444,796
**2025**
**£**
847
847
**2025**
**£**
22,651
22,651||2024
**No.**
2
**Total**
**£**
444,796
490,841| |---|---|---|---| ||||935,637| ||||-| ||||935,637
444,796
2024
£
1,778
1,778
2024
£
7,153
7,153| page 7 ## **Daarul Arqam Education & Welfare Trust** ## **6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR** Bank loans and overdrafts |**2025**
**£**
350,000
350,000|2024
£
355,000
355,000| |---|---| ## **7. LIMITED BY GUARANTEE** The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £, to the company should it be wound up. At 31/03/2025 there were members. ## **8. UNRESTRICTED FUNDS** |**Brought**
**forward**
**£**
General fund
1,014,270
1,014,270|**Incoming OutgoingTransfers**
**resource resource**
**s**
**s**
**£**
**£**
**£**
75,654 (43,221)
-
75,654 (43,221)
-|**Incoming OutgoingTransfers**
**resource resource**
**s**
**s**
**£**
**£**
**£**
75,654 (43,221)
-
75,654 (43,221)
-|**Carried**
**forward**
**£**
1,046,703| |---|---|---|---| |||-|1,046,703| ## **9. RESTRICTED FUNDS** |**Brought**|**Incoming**|**OutgoingTransfers**|**OutgoingTransfers**|**Carried**|| |---|---|---|---|---|---| |**forward**|**resource**|**resource**||**forward**|| ||**s**|**s**|||| |**£**|**£**|**£**|**£**||**£**| page 8 ## **Daarul Arqam Education & Welfare Trust** |**Incoming resources**
**Incoming resources from generated funds**
**Incoming Resources**
**for the year ended 31/03/2025**|**2025**
**£**
75,654
75,654|2024
£
163,636| |---|---|---| |||163,636| page 9 ## **Daarul Arqam Education & Welfare Trust** |**Expenses**
**for the year ended 31/03/2025**
**Expenses**
**Costs of generating funds**
**Charitable Activities**
Insurance
Repairs and renewals
Salaries
Laundry
Charitable donations
Trade literature
Bank charges
Sundry expenses|**2025**

**£**
2,356

18,267
18,300
360
-
1,167
1,705
1,066
43,221
43,221|2024
£
-
922
30,252
1,363
111,000
2,179
-
2,630
148,346
148,346| |---|---|---| page 10