Charity Number 1171280
Muslim School Oadby
Report and Accounts
31 July 2024
## **Muslim School Oadby Charity Information**
## **Designated trustees**
Zuber Hassam M Faizal Ahamed U Razah Boodhoo
## **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
1
## **Muslim School Oadby Trustees Report**
The trusteess present their report and accounts for the year ended 31 July 2024.
## **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 U Razah Boodhoo
## **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 £9,921 in the year (2023- surplus of £18,428). The detailed results are set out in the attached financial statements.
This report was approved by the trustees on 1 October 2024 and signed on their behalf by:
Z Hassam Trustee 01 October 2024
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 2024, 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.
Faraaz Yusuf DR TAX UK
65A London Road Oadby Leicester Leicestershire LE2 5DH
1 October 2024
3
## **Muslim School Oadby Statement of Financial Activities for the year ended 31 July 2024**
|**Incoming resources**
**Outgoing resources**
Administrative expenses
**Net incoming / (outgoing) resources**
Education fees, sponsorship & donations|**2024**
**£**
69,148
59,227
9,921|**2023**
**£**
69,049
50,621
18,428|
|---|---|---|
4
|**Muslim School Oadby**
**Registered number: Charity Number 1171280**
**Balance Sheet**
**as at 31 July 2024**
**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|**2024**
**£**
2,251
106,019
205
108,065
98,144
9,921
108,065|**2023**
**£**
2,814
95,552
222
98,144
79,716
18,428
98,144|
|---|---|---|
These accounts were approved by the trustees on 1 October 2024 and signed on their behalf by:
Z Hassam Trustee
5
**Muslim School Oadby Notes to the Accounts**
**for the year ended 31 July 2024**
## **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** Computer equipment
|**Fixed assets**
Computer equipment
**Cost**
At 1 August 2023
At 31 July 2024
**Depreciation**
At 1 August 2023
Provided during the year
At 31 July 2024
**Net book value**
At 31 July 2024
At 31 July 2023|**£**
7,293
7,293
4,479
563
5,042
2,251
2,814|
|---|---|
6
## **Muslim School Oadby Notes to the Accounts for the year ended 31 July 2024**
## **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 £10,675 (2023:£9,932) and reimbursed expenses of £nil (2023: £nil) in the year.
7
## **Muslim School Oadby Income and Expenditure account for the year ended 31 July 2024**
|**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**|**2024**
**£**
69,148
46,616
7,935
2,532
525
1,056
563
59,227
9,921|**2023**
**£**
69,049
40,428
5,125
2,469
1,079
816
704
50,621
18,428|
|---|---|---|
8
## **Muslim School Oadby Detailed profit and loss account for the year ended 31 July 2024**
|**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|**2024**
**£**
69,148
69,148
46,474
142
46,616
7,935
7,935
87
489
1,520
-
159
277
2,532
525
1,056
1,056
563|**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|
|---|---|---|
9