2023-07-31-accounts

Charity Number 1171280

Muslim School Oadby

Report and Accounts

31 July 2023

Muslim School Oadby Charity Information

Designated trustees

Zuber Hassam M Faizal Ahamed Wasim I A Osman (resigned on 20/08/2022) U Razah Boodhoo (appointed on 20/08/2022)

Accountants

DR TAX UK 65A London Road Oadby 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 2023.

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 (resigned on 20/08/2022) and was succeeded by Umar R Boodhoo on 20 August 2022

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 surplus of £18,428 in the year (2022- surplus of £10,849). The detailed results are set out in the attached financial statements.

This report was approved by the trustees on 25 September 2023 and signed on their behalf by:

Z Hassam Trustee 25 September 2023

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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 2023, 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:

2. to keep accounting records in accordance with section 130 of the 2011 Act;

3. 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

4. to which in my opinion, attention should be drawn in order to enable proper understanding of the accounts to be reached.

Faraaz Yusuf

DR TAX UK

65A London Road Oadby Leicester Leicestershire LE2 5DH

25 September 2023

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Muslim School Oadby Statement of Financial Activities for the year ended 31 July 2023

Incoming resources Outgoing resources Administrative expenses Net incoming / (outgoing) resources Education fees, sponsorship & donations, government grants (job retention scheme)	2023 £ 69,049 50,621 18,428	2022 £ 63,635 52,786 10,849

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Muslim School Oadby Registered number: Charity Number 1171280 Balance Sheet as at 31 July 2023 Notes Fixed assets Tangible assets 2 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	2023 £ 2,814 95,552 222 98,144 79,716 18,428 98,144	2022 £ 3,518 76,470 272 79,716 68,867 10,849 79,716

These accounts were approved by the trustees on 25 September 2023 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 2023

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

20% reducing balance

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 Fixed assets

Fixed assets Computer equipment Cost At 1 August 2022 At 31 July 2023 Depreciation At 1 August 2022 Provided during the year At 31 July 2023 Net book value At 31 July 2023 At 31 July 2022	£ 7,293 7,293 3,775 704 4,479 2,814 3,518

3 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 £9,932 (2022:£9,758) and reimbursed expenses of £711.00 (2022: £nil) in the year.

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Muslim School Oadby Income and Expenditure account for the year ended 31 July 2023

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	2023 £ 69,049 40,428 5,125 2,469 1,079 816 704 50,621 18,428	2022 £ 63,635 41,911 5,700 720 2,359 1,216 880 52,786 10,849

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Muslim School Oadby Detailed profit and loss account for the year ended 31 July 2023

Incoming resources Employee costs Wages and salaries Pensions Premises costs Rent General administrative expenses Telephone and fax Stationery and printing Staff training and welfare Sundry Subscriptions 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)	2023 £ 69,049 69,049 40,299 129 40,428 5,125 5,125 71 573 355 953 240 277 2,469 1,079 816 816 704	2022 £ 63,635 63,635 41,782 129 41,911 5,700 5,700 214 266 - - 240 - 720 2,359 1,216 1,216 880

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