2024-03-31-accounts - Al-Itqaan Online School

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 April 2023 To 31 March 2024

Section A Reference and administration details

Charity name Other names charity is known by None Registered charity number (if any) 1164153 Charity's principal address 4 Walnut Close

Al-Itqaan online School


4 Walnut Close
Oadby
Leicester
Postcode	LE2 5QJ

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Yusuf A Mahadik	Chairman
	Samar Razaq	Treasurer
	Intikhab Alam Mahadik	Secretary
	Samiya Mahadik	Trustee

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Type of adviser Name Address	Type of adviser Name Address	Type of adviser Name Address



Name of chief executive or names of senior staff members (Optional information)

TAR

March 2012

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Trust deed

(eg. trust deed, constitution)

How the charity is constituted

Trust

(eg. trust, association, company)

Trustee selection methods

Appointed

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

To provide, learning of the Quran and Arabic. The main objectives is to provide this service free to those who are less financially well off.

In previous years service was provided to paying students as well and surplus being used to provide the free service.

Summary of the objects of the charity set out in its governing The management of providing education is now transferred to Al-Itqaan document Online School CIC.

Al-Itqaan Online School the charity funds the students less financially off to learn Quran and Islamic sciences.

Activities

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Supporting [Funding] students who are less financially better off.

Teaching is Online
• Teach to recite the Quran. • Teach to Memorize the Quran

Additional details of objectives and activities (Optional information)

TAR

March 2012

You may choose to include further statements, where relevant, about:

policy on grant making;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

Summary of the main achievements of the charity during the year

The main achievements year to date:

The charity has been operating since October 2015. The charity has enabled over 260 students who managed to complete 3-year recitation course successfully.
Many of the students have learning disability and therefore benefit with being taught one to one.
Over 20 students have managed to complete the 6-year memorization course successfully.
A student this year qualified to become a Quran teacher

Section E Financial review

We do not have any specific policy

Brief statement of the charity’s policy on reserves

Details of any funds materially NA in deficit

TAR

March 2012

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);

Since Last two years private donations have reduced. The school has been operating on the reserves it has from previous years.

The reserves has enabled Al-Itqaan Online school to provide free and subsidised courses.

how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

This Financial year our income fell below the threshold for Independent Examiners Report. Therefore Independent Examiners Report not included.

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signatur e(s) Full Yusuf Ali Mahadik name(s) Position Chairman (eg Secretary , Chair, etc) Date 15 August 2024

TAR

March 2012

Al- Itqaan Online School 1164153 Receipts and payments accounts CC16a For the period 01 April 2023 31 March 2024 To from

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 1,652 - - - - - - 1,652 - - - 1,652 1,020 360 - - 2,398 - 3,778 - - 3,778 - 2,126 37,603 35,477	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 1,652 - - - - - - - 1,652 - - - 1,652 1,020 - - 360 - - 2,398 - - 3,778 - - - 3,778 - 2,126	Last year to the nearest £
Donations	1,652				8,809
Fees	-				22,213
Gift Aid	-				2,033
					-
	-				-
	-				-
	-				-
	-				-
~~*Sub total~~~~(Gross income for AR)*~~	1,652				33,055

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					33,055

Salaries	1,020				29,574
Microsoft Teams Licence Fees					147
Website,Printingand stationery					426
AccountingFees	360				600
Bank & PayPal charges	-				346
Telephone	-				217
Outsourced Course Cost	2,398

	-				-
**Sub total **	3,778				31,310

A4 Asset and investment purchases, (see table)
					37,603
	-
**Sub total **	-				37,603
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					68,913

	- 2,126	-	-	- 2,126	- 35,858
		-	-	-	-
	37,603	-	-	37,603	35,858
	35,477	-	-	35,477	-

CCXX R1 accounts (SS)

22/08/2024

Section B Statement of assets and liabilities at the	Section B Statement of assets and liabilities at the	end of the period
Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B4 Assets retained for the charity’s own use B2 Other monetary assets B5 Liabilities B3 Investment assets	Signature Details (agree balances with receipts and payments account(s)) *Total cash funds* Al-Itqaan Online Quran School CIC Bank Details Details Details Details	Unrestricted funds to nearest £ 35,477 - - 35,477 OK Unrestricted funds to nearest £ - - - - - Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Print	Endowment funds to nearest £

			-
			-
			-
			OK
			Endowment funds to nearest £
			37,603
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)

			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval
		Yusuf Mahadik	15-Aug-24

CCXX R2 accounts (SS)

22/08/2024