Charity Number 1171280
Muslim School Oadby
Report and Accounts
31 July 2021
Muslim School Oadby Charity Information
Designated trustees
Zuber Hassam M Faizal Ahamed Wasim I A Osman
Accountants
Leicester Commercial Accountants 42 London Road Leicester Leicestershire LE2 5DH
Bankers
Barclays Bank plc Leicester Town Hall Square Leicester LE87 2BB
Registered Address
39 Frome Avenue Oadby Leicester LE2 4GB
Registered number
Charity Number 1171280
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Muslim School Oadby Trustees Report
The trusteess present their report and accounts for the year ended 31 July 2021.
Principal activities
The charity's principal activity during the year continued to be the provision of a variety of educational services to the community.
Designated members
The following persons served as trustees during the year:
Zuber Hassam M Faizal Ahamed Wasim I A Osman
Recruitment and appointment of trustees
The charity is governed by a board of trustees drawn from the local community. This is to ensure that the board has the skills and experience required to oversee the management of the charity and its operations.
Trustee induction and training
All new trustees receive a planned induction programme before taking their position. This includes an explanation of their roles and responsibilities, an introduction to other trustees, an overview of recent business and an explantion of board format and processes.
Reserves Policy
The trustees aim to ensure that sufficient funds are maintained to enable the charity to carry out its activities.
Risk Management
The trustees have examined the major strategic and operational risks which the charity faces and can confirm that these are reviewed regularly with corrective measures undertaken where applicable in a timely manner.
Public Benefit statement
The trustees have considered the general guidance on public benefit issued by the Charities Commission and have taken due regard of this guidance. The trustees consider that they are satisfied that the charity's activities do provide a public benefit.
Results for the year
The charity achieved a deficit of £654 in the year (2020- surplus of £4,577). The detailed results are set out in the attached financial statements.
The delivery of education services was impacted by the Coronavirus pandemic. Although in-class teaching was suspended for a brief period during the pandemic, with the investment of new IT equipment, MSO was able to resume classes online and continued to provide services to our students. This significantly reduced the adverse impact of the pandemic as regards the provision of education services.
This report was approved by the trustees on 18 September 2021 and signed on their behalf by:
Z Hassam Trustee 18 September 2021
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Muslim School Oadby
Independent Eaminar's report to the Trustees of Muslim School Oadby
I report on the accounts of Muslim School Oadby for the year ended 31 July 2021, which are set out on pages 4 to 7.
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 (2) of the Charities Act 2011 (the 2011 Act) and an independent examination is needed.
It is my responsibility to
-- examine the accounts under section 145 of the 2011 Act;
-- to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act;
-- and to state whether particular matters have come to my attention.
Basis of independent examiner's report
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 you as trustees concerning 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 matter has come to my attention:
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which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act;
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and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act, have not been met; or
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to which in my opinion, attention should be drawn in order to enable proper understanding of the accounts to be reached.
Navsar Sacranie Leicester Commercial Accountants
42 London Road Leicester Leicestershire LE2 5DH
18 September 2021
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Muslim School Oadby Statement of Financial Activities for the year ended 31 July 2021
| Incoming resources Outgoing resources Administrative expenses Net incoming / (outgoing) resources Education fees, sponsorship & donations, government grants (job retention scheme) |
2021 £ 41,774 42,428 (654) |
2020 £ 56,196 51,619 4,577 |
|---|---|---|
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| Muslim School Oadby Registered number: Charity Number 1171280 Balance Sheet as at 31 July 2021 Notes Fixed assets Tangible assets 3 Current assets Cash at bank and in hand Current liabilities Creditors -other Net assets Represented by: Funds at beginning of year Surplus/(Deficit) for year Net Funds |
2021 £ 4,398 62,739 1,730 68,867 69,521 (654) 68,867 |
2020 £ 1,280 67,445 796 69,521 64,944 4,577 69,521 |
|---|---|---|
These accounts were approved by the trustees on 18 September 2021 and signed on their behalf by:
Z Hassam Trustee
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Muslim School Oadby Notes to the Accounts
for the year ended 31 July 2021
1 Accounting policies
Basis of preparation
The accounts have been drawn up in accordance with the Statement of Recommended Practice (SORP), "Accounting and Reporting by Charities" issued by the Charity Commissioners in England and Wales.
Funds
All funds comprise unrestricted funds available for the charity's objectives.
Income
Income is accounted for on a receipt basis.
Resources expended
Resources expended are accounted for as the liability is incurred. Expenditure includes irrecoverable VAT which is reported as part of the expenditure to which it relates.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Computer equipment
30% straight line
Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2 Employee numbers
Average number of employees during the period were 14 (2020:16)
3 Fixed assets
£
Computer equipment
| Cost At 1 August 2020 Additions At 31 July 2021 Depreciation At 1 August 2020 Provided during the year At 31 July 2021 Net book value At 31 July 2021 At 31 July 2020 |
3,075 4,218 7,293 1,795 1,100 2,895 4,398 1,280 |
|---|---|
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Muslim School Oadby Notes to the Accounts for the year ended 31 July 2021
4 Related party transactions
Zuber Hassam is the founding trustee of the charity and is paid a salary for undertaking duties as the principal of the organisation. He was paid a salary of £11,104 (2020:£8,951) and reimbursed expenses of £325 (2020: £NIL) in the year.
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Muslim School Oadby Income and Expenditure account for the year ended 31 July 2021
| Income Expenses Employee costs Premises costs General administrative expenses Travel and subsistence Legal and professional costs Depreciation and loss/(profit) on sale Surplus/(Deficit) for the period |
2021 £ 41,774 38,640 986 902 56 744 1,100 42,428 (654) |
2020 £ 56,196 43,984 4,200 1,340 726 600 769 51,619 4,577 |
|---|---|---|
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Muslim School Oadby Detailed profit and loss account for the year ended 31 July 2021
| Incoming resources Employee costs Wages and salaries Pensions Premises costs Rent Cleaning General administrative expenses Telephone and fax Stationery and printing Sundry Subscriptions Insurance Software Travel and subsistence Travel and subsistence Legal and professional costs Accountants fees Depreciation and loss/(profit) on sale Depreciation Education fees, sponsorship & donations, government grants (job retention scheme) |
2021 £ 41,774 38,487 153 38,640 900 86 986 223 30 325 240 - 84 902 56 744 744 1,100 |
2020 £ 56,196 43,869 115 43,984 4,200 4,200 223 114 314 180 509 - 1,340 726 600 600 769 |
|---|---|---|
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