#
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||8||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies||2|340,151|968,852|1309&003|1,332,806|
|Charitable
activities|||||||
|School fees receivable|||604,218|9,803|614,021|354,968|
|Madrasss
fees|||110&550||110450|97,283|
|Other charitable
activities||3|99,704|7,167|106,$71|76,451|
|Investment
income||4|10|-|10|8|
|Other income|||46,422||46,422|92,887|
|Total|||1&201&055|985&$22|2&186&877|1&954&403|
|EXPENDITURE ON
Raising funds||6|80,782|169&536|250&318228,382||
|Charitable
activities|||||||
|Project rebuild costs
Pre School running
costs||||57,015
206,543|57,015
206,543|33,528
184,729|
|Trust running
costs
Primary school running
Madrassa costs|costs||501)027
543,504
3@35||501,027
543,504
3,335|488,593
568,188
2,632|
|Total|||1,128,648|433,094|1,561,742|1,506,052|
|NET INCOME|||72,407|552,728|625,135|448,351|
|Transfers
between funds||19|185,161|(1$5&161)|||
|Net movement
ia funds|||257,568|367/67|625,135|448,351|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought|forward||204,413|5,352,477|5+56,890|5,108,539|
|TOTAL FUNDS CARRIED FORWARD|||461,981|5,720,044|6,182,025|5,556,890|
##
##
|||||31.12.21|31.12.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|f,||||
|FIEDASSETS||||||
|Tangible assets|14|1,816,426|8,715,820|10&532&246|l0,213,483|
|CURRENT ASSETS||||||
|Stocks|15|625||625|625|
|Debtors|16|53,989||53,989|57,663|
|Cash at bank and in band||515&188|246,921|762,109|704,986|
|||569,802|246,921|816,723|763,274|
|CREDITORS||||||
|Amounts
falling due within one year|17|(1&924/47)|(3&242,697)|(5,166&944)|(5,4l 9,867)|
|NET CURRENT ASSETS||(1&354&445)|(2995776)|(4&350&221)|(4 656 593)|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||461,981|5,720,044|6,182,025|5,556,890|
|NET ASSETS||461,981|5,720,044|6,182,025|5,556,890|
|FUNDS|19|||||
|Unrestricted
funds||||461,981|204,4(3|
|Restricted funds||||5,720,044|5,352,477|
|TOTALFUNDS||||6,182,025|5,556,890|
##
|STATEMENT OFCASH FLOWS|STATEMENT OFCASH FLOWS||
|---|---|---|
|FORTHE YEAR ENDED 31DECEMBER2021|||
||31.12.21|31.12.20|
|Notes|||
|Cash flows from operating
activities
Cash generated
from operations
1|397/68|1,656,930|
|Net casb provided by operating
activities|397/68|1,656,930|
|Cash flows from investing
activities|||
|Purchase oftangible
fixed assets|(340,155)|(1,444,201)|
|Interest received|10|8|
|Net cash used in investing
activities|(340)145)|(1,444,193)|
|Chaage in cash and cash equivalents
in the reporting
period|57,123|212,737|
|Cash and cash equivalents
at the
beginning ofthe reporting
period|704,986|492,249|
|Cash and cash equivalents
at the end
ofthe reporting
period|762,109|704,986|
##
##
|ACTIVITIES|||||
|---|---|---|---|---|
||||31.12,21|31.12.20|
|Net income for the|reporting|period (as per tbe Statement of|||
|Financial Activities)|||625,135|448,351|
|Adjustments
for:|||||
|Depreciation
charges|||21@92|23,243|
|Interest received
Rounding off
Decrease/(increase)|in debtors||(10)
3,674|(8)
(l)
(49,362)|
|(Decrease)/increase|in creditors||(252&923)|1,234,707|
|Net cash provided|by operations||397/68|1,656,930|
||At 1/I/21|Cash flow|At 31/12/21|
|---|---|---|---|
||f|||
|Net cash||||
|Cash atbank snd in hand|704,986|57,123|762,109|
||704,986|57,123|762,109|
|Total|704,986|57,123|762,109|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||NOTES TO THE FINANCIAL STATEMEN
FORTHE YEAR ENDED 31 DECEM|NOTES TO THE FINANCIAL STATEMEN
FORTHE YEAR ENDED 31 DECEM|TS -continued
BER2021||
|---|---|---|---|---|
|2.|DONATIONS
AND LEGACIES||||
||||31.12.21|31.12.20|
||||8||
||Donations||263,564|301,122|
||Gift aid||76487|96,562|
||Grant from Local council||317,930|343,852|
||Zakat Fitra Pidya and Qurbani||136,790|119,961|
||Disaster Appeals||16,840|20,073|
||Project rebuild
Interest donations||44$,711
5,112|430,492
2,075|
||Income fiom Sadaqa||43,469|18,669|
||||1309,003|1,332,806|
||Grants received, included|in the above, are as follows:|||
||||31.12.21|31.12.20|
|||||I|
||School||317,930|343,852|
|3.|OTHER CHARITABLE|ACTIVITIES|||
||||31.12.21|31.12.20|
||Summer Pete||34/05||
||Bazaar money and fundraising
Charity dinner||13,972|10,624
27,532|
||Arabic
English and Alimah Courses||21,202|14,775|
||Nikaah
Er Wedding||2,465|1,440|
||Mayyat (burial) fees
School Trips
Sales ofitems||10,202
10,156|3,600
2,058
4,218|
||Management
fees dt other|Income|7&402|10,602|
||Contributions
towards school||7,167|1,602|
||||106,871|76,451|
##
##
||FORTHE YEAR ENDED 31DECE|FORTHE YEAR ENDED 31DECE|MBER2021||
|---|---|---|---|---|
|4.|INVESTMENT INCOME||||
||||31.12.21|31.12.20|
||Profit on deposit||10|8|
|5.|INCOME FROM|CHARITABLE ACTIVITIES|||
||||31.12.21|31.12.20|
|||Activity|f||
||Registration
and school||||
||fees|School fees receivable|614,021|354,968|
||Madrassa fees|Madrassa fees|110450|97,283|
||||724,571|452,251|
|6.|RAISING FUNDS||||
||Raising donations|and legacies|||
||||31.12.21|31.12.20|
||||g|5|
||Zakat Fitra Fidya and Qurbsni||130,687|124,783|
||Disaster Appeals||15/30|21,888|
||Sadaqa expended||23,519|23,361|
||||169,536|170,032|
||Other trading activities||||
||||31.12.21|31.12.20|
||Purchases||7,428||
||Support costs ofschooling||38,452|30,646|
||School trips and sportsfield||8,649|966|
||Summer fete||13,913||
||Charity dinner aud Eid party||2,236|16,504|
||Events cost||1,002|1,525|
||Fundraising
costs||7,661|2,409|
||Books magazines
and calenders||1491|1,786|
||Mayyat (burial) expenses||50|4,514|
||||80)782|58,350|
||Aggregate
amounts||250/18|228,382|
##
##
##
|||||||Support||
|---|---|---|---|---|---|---|---|
||||||Direct|costs (see||
||||||Costs
f|note 8)
f|Totals
f|
|Project rebuild||costs|||4,396|52,619|57,015|
|Pre School running|||costs|||206,543|206,543|
|Trust running||costs||||501,027|501,027|
|Primary|school running|||costs||543,504|543,504|
|Madrassa|costs||||675|2,660|3,335|
||||||5,071|I@06&353|1,311,424|
##
|SUPPORT C|OST|S||||||
|---|---|---|---|---|---|---|---|
|||||||Governance||
||||Management|Finance
f,|Other|costs
f|Totals|
|Project rebuild|costs||41&446||11,173||52,619|
|Pre School running||costs|204,261|36|2,246||206,543|
|Trust running|costs||30,426|2,892|26,278|441,431|501,027|
|Primary school running||||||||
|costs|||520,041|39|23,424||543,504|
|Madrssss costs|||160|||2/00|2,660|
||||796@34|2,967|63,121|443,931|1806,353|
##
|Net income/(e|xpenditure)
is stated after charging/(cre|diting):||
|---|---|---|---|
|||31.12.21|31.12.20|
|||f||
|Depreciation|—owned assets|21@92|23,242|
|Hire ofplant|and machinery|3,842|19,688|
##
##
##
##
||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|
|Fees payable to|the charity's||auditors|and their associates for the audit|||
|ofthe charity's|financial|statements|||4tt20|5,000|
|Auditors'
remuneration||for|non audit|work|2,600|2,700|
##
##
##
|STAFFCOSTS|||
|---|---|---|
||31.12.21|31.12.20|
|||5|
|Wages and salaries|1,027@51|1,029,285|
|Social security costs|27/78|41,393|
|Other pension costs|7,567|4,555|
||1,062,196|1,075,233|
||||||31.12,21|31.12.20|
|---|---|---|---|---|---|---|
|Engaged|on|charitable|activities||55|55|
|Engaged|on|management||and administration|35|35|
||||||90|90|
##
##
||NOTES TO THE FINANCIAL STATEMENTS -continued
FOR THE YEAR ENDED 31DECEMBER2021|NOTES TO THE FINANCIAL STATEMENTS -continued
FOR THE YEAR ENDED 31DECEMBER2021|NOTES TO THE FINANCIAL STATEMENTS -continued
FOR THE YEAR ENDED 31DECEMBER2021|NOTES TO THE FINANCIAL STATEMENTS -continued
FOR THE YEAR ENDED 31DECEMBER2021||
|---|---|---|---|---|---|
|13.|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES|||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
|||||I|f.|
||INCOME AND ENDOWMENTS FROM|||||
||Donations
and legacies||489,894|842,912|1,332,806|
||Charitable
activities|||||
||School fees receivable||349,247|5,721|354,968|
||Madrassa fees||97,283||97,283|
||Other charitable
activities||74,699|1,752|76,451|
||Investment
income||8||8|
||Other income||92,317|570|92,887|
||Total||1,103,448|850,955|1,954,403|
||EXPENDITURE ON|||||
||Raising funds||58,338|170,044|228,382|
||Charitable
activities|||||
||Project rebuild costs|||33,528|33,528|
||Pre School running
costs|||184,729|184,729|
||Trust running
costs||487,949|644|488,593|
||Primary school running|costs|568,188||568,188|
||Madrassa
costs||2,632||2,632|
||Total||1,117,107|388,945|1,506,052|
||NET INCOME/(EXPENDITURE)||(13,659)|462,010|448,351|
||Transfers between funds||(643,331)|643,331||
||Net movement
in funds||(656,990)|1,105,341|448,351|
||RECONCILIATION|OF FUNDS||||
||Total funds brought forward||861,403|4,247,136|5,108,539|
||TOTAL FUNDS CARRIED|||||
||FORWARD||204,413|5,352,477|5,556,890|
##
##
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||Freehold|Portable|Plant and||
||property
f,|building
6|machinery
f|Totals
f|
|COST|||||
|At 1 January 2021|10,274,035|123,241|206,581|10,603,857|
|Additions|331,538||8,617|340,155|
|At 31December 2021|10)605473|123/41|215,198|10,944,012|
|DEPRECIATION|||||
|At 1 January 2021|155@69|67,603|167,402|390@74|
|Charge for year|4,000|5,563|11,829|21@92|
|At 31December 2021|159@69|73,166|179&231|411,766|
|NET BOOKVALUE|||||
|At 31December 2021|10,446,204|50,075|35,967|10,532,246|
|At 31December 2020|10,118,666|55,638|39,179|10,213,483|
##
|Included
in treehold property
is a building
under construction
atf5,163
STOCKS|,147.00(2020:f|4,804,720).|
|---|---|---|
||31.12.21|31.12.20|
||8||
|Stocks|625|625|
|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||31.12.21|31.]2.20|
|Trade debtors|27,869|29,525|
|Prepayments|26,120|28,138|
||53,989|57,663|
##
##
##
##
|CREDITORS: AMOUNTS PALLING DUE WIT|HIN ONE YEAR||
|---|---|---|
||31.12.21|31.12.20|
||f||
|Trade creditors|973|7,321|
|Social security aud other taxes|14,203|11,623|
|Other creditors|5,182|4,379|
|Karse Hasana Loans|4,652,112|4,889,758|
|Accrued expenses|92,511|117,750|
|Deferred Income|401,963|389,036|
||5,166,944|5,419,867|
##
|Minimum
lease payments
under non-cancellable
op|erating
leases fall due as follows:||
|---|---|---|
||31.12.21
f|31.12.20
f|
|Within one year|3,739|3,739|
|Between one and five years|7,106|10,845|
||10,845|14,584|
##
##
##
|MOVEMENT|IN FUNDS|||||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At I/1/21|in funds|funds|31/12/21|
|||||f.||
|Unrestricted|funds|||||
|General fund||44,7$2|(109,802)|269,777|204,757|
|Registration
and School Fees
Sale ofSchool Uniform||123,214
488|79,151|(1,018)|201447
488|
|Contributions|towards school trips|3,102|1,553|(461)|4,194|
|Madrassa Fee||32,827|101,505|(83,137)|51,195|
|Restricted funds||204,413|72,407|185,161|461,9$1|
|Zakat, Fitra, Fidya and Qurbani||174|26,053|(12,801)|13,426|
|Interest
Grants from Local borough - Education||1411
124,007|5,112
128/57|(3,824)
(47,211)|3,099
205,153|
|Disaster appeal||2,697|1,510|(3825)|$82|
|Umrah and Hajj facilities||12,051|||12,051|
|Project rebuild||5,211,737|391,696|(118,000)|5,485,433|
|||5852,477|5529728|(1$5,161)|59720,044|
|TOTAL FUNDS||5,556,890|625,135||6,182,025|
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund|444,763|(554,565)|(109,802)|
|Registration
and School Fees|635,540|(556/89)|79,151|
|Contributions
towards school trips
Madrassa Fee|10,202
110,550|(8,649)
(9,045)|1,553
101,505|
|Restricted funds|I/01,055|(1,12$,648)|72,407|
|Zakat, Fitra, Fidya and Qurbani|180,259|(154406)|26,053|
|Interest
Grants I'rom Local borough - Education|5,112
334,900|(206,543)|5,112
128@57|
|Disaster appeal|16,840|(15@30)|1410|
|Project rebuild|448,711|(57,015)|391,696|
||985,822|(433,094)|552,728|
|TOTAL FUNDS|2,186,877|(1,561,742)|625,135|
##
##
##
##
|Comparatives
for movement
in funds|||||
|---|---|---|---|---|
|||Net|Transfers||
|||movement|between|At|
||At 1/1/20|in funds|funds|31/12/20|
|Unrestricted
funds|||||
|General fund|643,448|(81,733)|(516,933)|44,782|
|Registration
and School Fees|202,247|(50,128)|(29,998)|122,121|
|Sale ofSchool Uniform|488|||488|
|Contributions
towards school trips|3,102|1,092||4,194|
|Madrassa Fee|12,118|117,110|(96,400)|32,828|
||861,403|(13,659)|(643,331)|204,413|
|Restricted funds|||||
|Zakat, Fitra, Fidya and Qurbani|4,692|(7,321)|3,331|702|
|Interest|1,811|1,288||3,099|
|Grants from Local borough - Education|206,113|72,893|(155,000)|124,006|
|Disaster appeal|2,697|(1,815)||882|
|Umrah
and Hajj facilities
Project rebuild|12,051
4,019,772|396,965|795,000|12,051
5,211,737|
||4,247,136|462,010|643,331|5,352,477|
|TOTAL FUNDS|5,108,539|448,351||5,556,890|
##
##
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||||8|
|Unrestricted|funds||||
|General fund||435,451|(517,184)|(81,733)|
|Registration|and School Fees|546,197|(596,325)|(50,128)|
|Contributions|towards school trips|2,058|(966)|1,092|
|Madrassa Fee||119,742|(2,632)|117,110|
|||1,103,448|(1,117,107)|(13,659)|
|Restricted funds|||||
|Zakat, Fitra,|Fidya and Qurbani|138,630|(145,951)|(7,321)|
|Interest||2,075|(787)|1,288|
|Grants from|Local borough - Education|259,684|(186,791)|72,893|
|Disaster appeal||20,073|(21,888)|(1,815)|
|Project rebuild||430,493|(33,528)|396,965|
|||850,955|(388,945)|462,010|
|TOTAL FUNDS||1,954,403|(1,506,052)|448,351|
##
##
##
##
##
##
##
|Name ofemployee|Relationship|Relationship|Roles|Salary (Ep.a.)|
|---|---|---|---|---|
|Mr A Hansa|Son||Office Manager|48,000|
||Daughter|in|||
|Mrs H Hansa|Law/Wife||Pre-School Manager|28,029|
|Mr Ameen|||||
|Musbally|Brother-In- Law||PA to chairman|23,500|
##
##
||FORTHE YEAR ENDED|31DECEMBER2021||
|---|---|---|---|
|||31.12.21|31.12.20|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations||263,564|301,122|
|Gift aid||76,587|96,562|
|Grant &om Local|council|317830|343,852|
|Zakat Fitra Fidya|and Qurbani|1369790|119,961|
|Disaster Appeals||16,840|20,073|
|Project rebuild||448,711|430,492|
|Interest donations||5,112|2,075|
|Income fiom Ssdaqs||43)469|18,669|
|||1409,003|1,332,806|
|Other charitable|activities|||
|Summer Fete||34/05||
|Bazaar money and|fundraising|13,972|10,624|
|Charity dinner|||27,532|
|Arabic
English and Alimah Courses||21,202|14,775|
|Nikaah &Wedding||2,465|1,440|
|Mayyat (burial) fees|||3,600|
|School Trips
Sales ofitems||101202
10,156|2,058
4,218|
|Management
fees 4'c other Income||7,402|10,602|
|Contributions
towards school||7,167|1,602|
|||106,871|76,451|
|Investment
income||||
|Profit on deposit||10||
|Charitable
activities||||
|Registration
and school fees||614,021|354,968|
|Madrassa fees||1109550|97,283|
|||724,571|452,251|
|Other income||||
|HMRC JRSGrants||46,422|92,887|
|Total incoming resources||2,186,877|1,954,403|
##
##
||FORTHE YEAR ENDED|31DECEMBER 2021||
|---|---|---|---|
|||31.12,21|31.12.20|
|EXPENDITURE||||
|Raising donations|and legacies|||
|Zakat Fitra Fidya and Qurbani||130,687|124,783|
|Disaster Appeals||15@30|21,888|
|Sadaqa expended||23,519|23,361|
|||169,536|170,032|
|Other trading activities||||
|Purchases||7,428||
|Support costs ofschooling||38,452|30,646|
|School trips and sportsfield||8&649|966|
|Summer fete||13,913||
|Charity dinner
and|Bid party|2,236|16,504|
|Events cost||1,002|1,525|
|Fundraising
costs||7,661|2,409|
|Books magazines|and calendars|1,391|1,786|
|Mayyat (burial) expenses||50|4,514|
|||80&782|58,350|
|Charitable
activities||||
|Advertising||5,071|45|
|Support costs||||
|Management||||
|Wages||613,713|632,285|
|Social security||7,493|22,420|
|Pensions||7,079|4,446|
|Hire ofplant and|machinery|3,842|19,688|
|Rates and water||3,255|8,900|
|insurance||57,849|13,158|
|Light and heat||21,951|22,769|
|Telephone||3,903|5,760|
|Postage and stationery||10,663|7,051|
|Fees and subscriptions||18,969|18,607|
|Premises repairs|and renewals|17,331|8,409|
|Motor expenses||767|888|
|Cleaning services||28,635|30,546|
|Temporary
staff recruitment||884|520|
|||796,334|795,447|
##
##
|||FORTHE YEAR ENDED 31D|ECEMBER2021||
|---|---|---|---|---|
||||31.12.21|31.12.20|
||||f.||
|Management|||||
|Finance|||||
|Bank charges|||2,967|3,134|
|Other|||||
|Training
and|welfare||1,053|451|
|Travelling
and subsistence||||57|
|Equipment
expenses|||19,351|13,895|
|General expenses|||21,325|15,116|
|Freehold propetty|||4,000|4,000|
|Depreciation|ofPortacabin||5,563|6,183|
|Plant and machinery|||11,829|13,060|
||||63,121|52,762|
|Governance|costs||||
|Wages|||413,638|397,000|
|Social security|||19,785|18,973|
|Pensions|||488|109|
|Auditors'
remuneration|||4,920|5,000|
|Auditors'
remuneration||for non audit work|2,600|2,700|
|Accountancy|and legal|fees|2,500|2,500|
||||443,931|426,282|
|Total resources|expended||1,561,742|1,506,052|
|Net income|||625,135|448,351|