COMPANY NUMB
ILMF
DIRE
KEPORT AND FINANCIAL STAT
MENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ABU & ABU
CHARTERED CERTIFIED ACCOUNTANTS
ABU NOWSHED CENTRE
71 WORDSWORTH ROAD
SMALL HEATH BIRMI
Bl
MtDLANDS

MFO
NDATION
COMPANY INFORMATION
Company N￿lDber.
09358840
Dlre¢tor:
Mohattrned Tosir Miah
ReEiJtered Office:
Ilm F(K]ndation
Bisleyworks
Golden Hillock Road
B112PY
AtcountantK'
Abu & Abu
ChBrtcred Certified AccountaLTrts
Abu Nowsbed Centre
71 WDrdswortb Road
Small H¢ith. BIr￿]nghaM
BIO OED
W¢5t Midla¥Jds
B%nkers:
Lloyd5 Bank PLC

ILM FOUNDATION
REPORTS AND FINAN
ATEMENTS
FOR THE YEAR ENDED 31 D
ER 2023
ONTENTS
Page
Dir¢¢tors' Report
Accountants Repr>rt
Abrid￿rd Profit and IKJSS A¢¢outtr
Abridged Balglloe Sheet
Notes to the Abridged Fioancial Sfaternents
D¢tsiled Profit and Loss Accoutti
Detailed Overheod Expen￿ sched￿le for Dire¢tors

ILM FOUNDA
ON
DIRECTOR'S REPORT
FOR THE YEAR ENDE
31 DECEMBER 202
The dir¢¢iorpresents htswort and the finanGitt] sta¢emeDts for the year¢ThJrd 31 Decemb¢r2023.
Printip&l a¢tlvltleJ
The prkllcipai activity of the con)paDy continu¢s to be that of providiog primary Islamic education and
facilitating praw facilili forresidence.
Dlreetors
director who s¢￿d dyring thc year was ￿ follows..
MohHtTJmed Tosir Mia
Revlew ofthe Buslness
Th¢ di￿torS Co￿81der the profit a¢bieved on ordiw activiiies b¢for¢ to be particularly satisfa¢tory given the
Covid 19 pan(kmic. cltmate.
RÈspobslblllties of the dlrectoy
The tru5tecs (who are a]so dtre¢tOES of the charity for the putposes of ¢ony#ny @HangJng2@lawlar¢
r¢5POtk511 )le for preparitig th¢ Trustee5' At￿NIal Report artd tb¢ fiD￿Cla]statern¢nts ijj acctsrda￿¢ with applicable
ijw and United KingdotD Accountiag Standards (UtsIt￿ Kitsgdom Gellerdlly Accepted AtcountiDg Practice).
Company law require5 the tn￿lee9 to pr¢parc fEDancial st&teJnents for each fitwjcial ycar, which ￿ve a trur and
faw vi¢w of the state of the affaiT5 Of th¢ charitable cot)4)atty and of the incoming resources 2ttd application of
r¢80uree5. includitt8 the illcottje and expenditure. of th¢ Glwitsble company for the y¢#r. In pr¢paEing these
financial staiemettts. the trustees are required to..
seletÈ suitsbl¢ occounting polictes and opply th¢m consistently.
observe the methots aod priu¢iples itl the Cbarities SORP,.
make judgements ¢5¢imates that are r¢asonabl¢ and Prudent..
state wh¢th¢r applicable UK Accou#ting Stsndards h&ve been follow¢d,
Subject lo any maierial departut¢s di5¢1os¢d and explained itt th¢
financial ststerneJ￿'
prepare the fu￿￿111 5tatctllents OTr a going ¢¢mc¢rn basis unles8 It is illtpproprijte to plesul￿ that the charity
will conliDue in operatioth.
The trnstees are resw>nsible for keeping adequ3te #rwunting records tbat disclose wth r¢agonable accwacy at
Aoy time th¢ financial position of the ¢lwitsbl¢ cornpaDy and eJJabl¢ them to ¢nsure that the fjnattcial stat¢u*ot5
¢omply with th¢ Cotw)2tii¢s A¢¢ 2006. They are also respottsibl¢ for safeguarding the ass¢ts of the ¢haritable
¢ompany and henc¢ fortakitlg reasonable steps for the preve￿tion alld detectiou of fraud attd otlKr irr¢guEarities.
Page

ILM FOUNDATIOIY
DIRECTOR'S REPORT (CotstinU￿)
FOR THE YEAR ENDED 31 DE
EMBER 20
Thi5 report was approved by the board ou 24 Septetttb¢E 2024 Jod ha5 bccn prepared in accordglltt with the
Special provisions relatill8 to companies subject ty the STttall coaTJpanie5 regirne within Part 15 of the Companies
Act 2000.
/f
Mohammed Tosir Miah
Page

ACCOUNTANT'S REPORT
TO THE DIRECTOR
ON THE PREPARATION OF THE UNAUDITED STA T
TORY A
OUN
OF
ILM FOUNDATION
FOR THE YEAR ENDED 31 DECEMBER 2023
As de￿ribed in the balan¢e sheet you are responsible for the prepaTaiion of the ftnanGial 51atemeTrts for the year
ended 31 December 2023 sel out on on pages 4 to 7 and you consider thai the company is exempi froin a Teport
'under section 477{11 of the Companies Act 2006. It) accordance with your instructions: we have compiled these
unau
ted financial siatemenis in older to assist you to fulfil yoE]r statsjtory responsibilities, from the accounting
andi
aiion and explanaiiofis supplied to us.
Dated=24 September 2024
Abu Nowshtd
FCCA
Chartered Ceffified A￿OUntantS
Abu Nowshed Centre
71 Word5WOrth Road
Small Heath, Birnhingham
BIOOED
Wesl Midlknd5
Page 3

ILM FOUNDATION
AB
PROFIT Af4D LOSS ACCOUNT
FOR THE YEAR ENDED il DECEMBER 2023
Note
2023
22
Gross profit
228.882
187,724
Adtt)iJJistrative expthses
(233,725)
(185.6621
(L•ssyProfit ordlnary aclAvltles
before tAxado
14,843)
2,062
Tox on Ioss OEdinary actiTrities
(￿$sYPrO￿ f•r th¢ fin4th¢511 ye•r
£ (4,843)
£ 2.062
The company ]Jas tn&d¢ uo a¢qutSiti05LS DOT discontinued any op¢rntions during 2023 therefore turnover and
ope*atingprofit d¢rivc entirely frotD continued Op￿aIt0￿.
Pa8e

COMPANY N
BER:O9358840
ILM FOUNDATION
ABRIDG
LANCE SHEET
AT 31 DECEMB
R 2023
Note
2023
21122
F5xed a$gets
Txngibl¢ 455ets
123
123
Curr¢nt Ass¢ts
Casb at bark and itt hattd
81,445
86,088
Credltors
Amoullls hllkttg due wi¢bi
ott¢ y¢ar
{1,160)
(960)
Net curreat auets
80285
85.128
Totsl 4$8tts les$ current Ilablllties
80,408
85.251
Net a5*ts
£80.40B
£85251
Capital Y4nd rtteryes
Profit and105s account
80.408
85251
Shareholdety. fvnds
£80.408
£85.251
The5c financial statemeDts have been preFdTed in acrord4nc¢ with the special provisions relatin8 to compaJJies
sybjeci to the small comp•nies r¢giTne within Part 15 of the Companies Act 2006. Approved by the bojrd of
directors Ot) 24 Sepkmber 2024 signed on its bchalf.
Mohammed Tosir Mi
Th¢ ajlljexed notes fornip&rt of thes¢ ftttaÈLci81 $tst¢m¢Thts.
Pa8e

ILM FOUNDATION
NOTES TO ThE FINANCIAL
MENTS
FOR THE YE R ENDED 31 DECEMBER 2023
Aetollntlng polldes
Basls of prepargtlort of fl￿￿¢1*1 statements
The finattcial statemmts hove been prepared uttder th¢ hI￿On¢&I cost convention in accordattce with the
atctsuntiug poliGies sct outbelow.
Th¢5¢ financial statements have b¢¢n pr¢pared in accotdattce with FRS102 Se¢iion IA - The FI￿ancIal
Re￿rtIng Stsndard appli¢*bl¢ in th¢ UK and Rep¥blic of tr¢laThl #tEd th¢ Cornpanics Act 21JO6.
Cashliow Btatenwit
The Company h&8 taken advantagc of the exen¥tion in Fittatkcial ReportiDg StaiJdaEd No.1 from the
¥¢quir¢m¢nt to produce a cashllow statement on th¢ ￿undS that it is a small company.
Ineomlllg resonrtex
All incoming resource$ in¢lud¢d in the SOFA whett th¢ ¢harity is legally ¢tttiticd to the incott)c attd
the amouttt tan be qvaThtifi¢d with reasonable ¥cwa¢y.
Re￿￿rt¢S exp¢nd¢d
All expendi￿re is a¢couJxted for on an accntals basis and has l*¢n ¢1&$5ified under headings that
a8gre88t¢ ttil ¢osts r¢lat¢d to the calegory ￿)Ere Costs capnot b¢ dir¢¢ily attributcd 10 particul&r headitt8$
th¢y hav¢ b¢¢n alloc&ted to actiTrities on 8 basis ¢onsistentwithuse of the resources.
Thrnov¢r
Turnover comprises the invoi¢ed value of goods and setvices swlied by lh¢ ¢lharity from its activities
from evcnirt8 M2kt&b aTd Wcekcnd clas5CS.
Tanglble fixed assets
Tangible fixed as5els are stated at ¢ost k5$ d¢pTeciatLori. Depreciation is provided at rat¢s Calculated to
WTi* off ihe CO￿ less ¢$timo¢ed ressdual value of each asset over it$ expected usrftd iÉfe. a5 follows..
Plant attd Mathin¢ry- 20Q/o pcr annum of cos(
Fiiliir¢s ani5 Fitiings- 20 ¢/0 per anttumof ¢o$i
Pa8e

ILM FOULYDATJOIY
NOTES TO THE FINANCIAL STATEMET4T
(CoLtinued)
FOR THE YEAR ENDED 31 D
EMBLR 20
Tanglble fjxed Assets
Total
At l Jattuary 2023
1.204
At 31 Dec¢Ellb¢r 2023
Depreciation..
At l January 2023
1,081
At 31 Dec¢mb¢T 2023
1,081
Nct book value".
At 31 December2023
£ 123
At 31 D¢r¢mber 2022
£ 123
Pag¢ 7

ILM FOUNDATION
DETAILED TRADIN
AND PR
D LOSS
ouKr
R THE YEAR ENDED 31 DECEMBER 2
2023
2022
T￿n￿Ver
184.352
Fund Raisin8 Evejts
Tuition fees
BuildiJ]g Donaiio
6.977
172,657
8,090
31.450
13,080
228.882
187,724
Ov¢rheadi
Other Admtni$trfive Costs
233,725
185,662
(233.725)
1185.662)
(I￿$)￿￿flt ordiniry a¢livitie$
£ (4.843)
£ 2,062
Page 8

ILMF
ATtON
CHEDULE OF OVEiUIEAD EXPENSgS
ENDED31 D
CEMBER 2013
2023
2022
Oth¢r Adothistr&tlv¢ Costs
Wag¢s w)d salari¢$
Rent rates alld service costs
Utilities costs
Property r¢p2irs maintenance
Tra￿1 aTJd subsistence
AdvertiSiD8 aThd MaTketinE
133,157
9.174
5,986
71,503
540
I22,￿7
49,132
6,998
1,081
374
266
2,978
3519
570
T¢l¢eoTtiInutLications
Printia& statior*ry & posta8e
SubsttiptioJJ8
1.732
1.308
265
3 J77
Proje¢t a¢tiviU¢S
knrountanry
Depreciation
1,350
1,384
31
240
233,725
185.662
Total overhead expenses
£233.725
£185.662