**DAR UL HADITH LEARNING CENTRE Registered Charity Number: 1168939**
## **DAR UL HADITH LEARNING CENTRE**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2024**
**ASAD RAHIM & CO.**
**CHARTERED CERTIFIED ACCOUNTANTS 8 PARK WAY EDGWARE MIDDLESEX HA8 5EZ**
## **DAR UL DADITH LEARNING CENTRE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
The trustees present their annual report and financial statements for the year ended 31 March 2024 and confirm that they comply with the Charities Act 1993, as amended by the Charities Act 2006 and the Charities SORP 2005.
## **Board of Trustees**
## **Charity Registration No. 1168939**
Mefteh Mohamed Argoub Abdulaziz Mohsin Cali Zakaria Argoub Rabie Zouiti
## **Contact:**
Mr Mefteh Mohamed Argoub
## **Governing Document**
Dar Ul Hadith Learning Centre is constituted as a charity and registered with the Charity Commission on 26 August 2016.
## **Aims and Objectives**
The aims and objectives of the charity are:
- The advancement of the religion of Islam for the benefit of public.
- The advancement of the Islamic education through holding lectures and classes for Muslim children.
- Distribution of literature on Islam to enlighten others about Islam.
- Arrange prayer facilities for the local Muslim community.
## **Structure of the Organisation**
The charity’s trustees are responsible for management of the charity. The trustees give their time freely and receive no remuneration or any other financial benefits. The trustees meet together as a body on a regular basis and are responsible for making decision in relation to running the organisation effectively. The trustees have set up a managing committee for the smooth running of the charity and to maintain its day to day finances.
The existing trustees are responsible for appointment of new trustees but they consider nominations only recommended by the local community leaders as well as by the managing committee. The trustees believe this method is very effective way to build strong relationship between the charity and the local community where the charity operates.
## **Risk Management**
The trustees have assessed the risks the charity faces and review these risks regularly at their meeting and confirm that systems are in place in order to manage these risks and necessary steps can be taken to manage the risks that have been identified.
## **Financial Review and Investment Policy**
The charity has no long-term investment. The charity’s cash are held in UK bank accounts. The charity’s results are stated on page 4.
## **Trustees Responsibilities to the Financial Statements**
The charity’s trustees are responsible for preparation of financial statements in accordance with applicable law to charities in England and Wales which gives true and fair view of the state of affairs of the charity during the financial year. In preparing the financial statements, the trustees are required to:
- Select suitable accounting policy and the apply them consistently;
- follow the methods and principles in the Charities SORP;
- make judgments and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material
- departures disclosed and explained in the financial statements;
- prepare financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees and signed on their behalf by:
Mefteh Mohamed Argoub Chair of Trustees
Date: 4 June 2024
## **DAR UL DADITH LEARNING CENTRE**
## **INDEPENDENT EXMINER’S REPORT**
## **TO THE TRUSTEES AND MEMBERS**
We report on the financial statements of Dar Ul Hadith Learning Centre for the year ended 31 March 2024, which set out on page 4.
## **Respective Responsibilities of Trustees and Examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the charities Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
## **Basis on Independent Examiner’s Statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## **Independent Examiner’s Statement**
In connection with my examination, no matters has come to my attention
1. Which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Asad Rahim & Co.**
Chartered Certified Accountants
8 Park Way
Edgware Middlesex HA8 5EZ
Date: 4 June 2024
## **DAR UL HADITH LEARNING CENTRE**
## **RECEIPT AND PAYMENT ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024**
|**Incoming Resources**
Donations and Subscriptions
**Resources Expended**
Rent Payable
Insurance
Wages and Salaries
Rates
Light and Heat
Repairs and Maintenance
Charitable Donations
Telephone and Internet
**Net Resources Available**|**£**
**£**
**£**
**£**
34,074
35,400
34,074
35,400
9,600
14,200
767
878
7,130
6,570
923
225
945
1,094
2,022
-
116
3,000
366
442
21,869
26,409
12,205
8,991
**Total Funds**
**Total Funds**
**2024**
**2023**|**£**
**£**
**£**
**£**
34,074
35,400
34,074
35,400
9,600
14,200
767
878
7,130
6,570
923
225
945
1,094
2,022
-
116
3,000
366
442
21,869
26,409
12,205
8,991
**Total Funds**
**Total Funds**
**2024**
**2023**|
|---|---|---|
|||35,400|
|||26,409|
||||
|||8,991|
## **DAR UL HADITH LEARNING CENTRE**
## **BALANCE SHEET AS AT 31 MARCH 2024**
|**BALANCE SHEET**
**AS AT 31 MARCH 2024**
**DAR UL HADITH LEARNING CENTRE**|||
|---|---|---|
|**Current Assets**
Cash at Bank
Other Debtors-Rent Deposit
**Total Current Assets**
**General Reserve Funds**
Balance Brought Forward
Add: Income
Less: Expenses
**Total Unrestricted Funds**|**2024**
85,432
2,400
87,832
75,627
34,074
(21,869)
87,832|**2023**
73,227
2,400|
|||75,627|
|||66,636
35,400
(26,409)|
|||75,627|
Approved by the trustees and signed on their behalf by:
Mefteh Mohamed Argoub Chair of Trustees
Date: 4 June 2024
## **DAR UL HADITH LEARNING CENTRE**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **1. Accounting Policies**
## **1.1 Basis of Accounting**
The financial statements have been prepared under the historic cost convention and in accordance with
## **1.2 Incoming Resources**
All funds are received by way of donations at their own discretion and the trustees are free to use these
## **1.3 Resources Expended**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to
## **1.4 Value Added Tax**
Value added tax is not recoverable by the charity and charged against the category of the resources