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
1
## **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
2
## **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:
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 2011 Act;
- 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
2. 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
3
## **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|
|---|---|---|
4
|**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
5
**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|
|---|---|
6
## **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.
7
## **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|
|---|---|---|
8
## **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|
|---|---|---|
9