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2021-04-05-accounts

Al Sadiq Academy UK Accounts 5 April 2021

Al Sadiq Academy UK Contents

Page
Approval statement 1
Accountants' report 2
Profit and loss account 3
Balance sheet 4
Notes to the accounts 5

Al Sadiq Academy UK

Approval statement

I approve the accounts which comprise of the Profit and Loss Account, the Balance Sheet and the related notes. I acknowledge my responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing Mahmood Rizvi Ltd with all information and explanations necessary for their compilation.

Mr G Hussain

31 December 2021

1

Al Sadiq Academy UK

Accountants' report on the unaudited accounts to Al Sadiq Academy UK

You have approved the accounts for the year ended 5 April 2021 which comprise the Profit and Loss Account, the Balance Sheet and the related notes. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.

Mahmood Rizvi Ltd Institute of Financial Accountants

353A Great Horton Road Bradford BD7 3BZ

31 December 2021

2

Al Sadiq Academy UK Profit and Loss Account for the year ended 5 April 2021

Donations & Collections
Rental Income
Gift Aid
Expenses
Wages, salaries and other staff costs
Rent, rates, power and insurance costs
Repairs and renewals of property and equipment
Telephone, fax, stationery and other office costs
Accountancy, legal and other professional fees
Other business expenses
Net Movement in funds
Funds B/fwd
Funds C/fwd
2021
£
55,022
4,450
4,286
4,580
401
1,324
21,085
1,000
254
28,644
35,114
83,962
119,076

3

Al Sadiq Academy UK Balance Sheet as at 5 April 2021

Notes
Fixed assets
Equipment, machinery and motor vehicles
3
Current assets
Bank/building society balances
Other current assets and prepayments
Current liabilities
Trade creditors
Net current assets
Net assets
Capital account
Balance at start of period
Current Net Movement in Funds
93,886
12,164
2021
£
13,506
105,570
106,050
480
119,076
83,962
35,114
119,076

4

Al Sadiq Academy UK Notes to the Accounts for the year ended 5 April 2021

1 Accounting basis

The accounts have been compiled on a basis that enables profits to be calculated in accordance with UK Generally Accepted Accounting Practice and that provides sufficient and relevant information to enable the completion of a tax return.

2 Profit and loss account analysis

Donations & Collections
Donations
Other business income
Gift Aid
Rental Income
Wages, salaries and other staff costs
Wages and salaries
Rent, rates, power and insurance costs
Light and heat
Property insurance
Repairs and renewals of property and equipment
Repairs and maintenance
Telephone, fax, stationery and other office costs
Telephone and fax
Stationery and printing
Donations
Accountancy, legal and other professional fees
Accountants fees
Other legal and professional
Other business expenses
Sundry expenses
2021
£
16,110
4,286
4,450
4,580
160
241
401
1,324
414
901
19,770
21,085
400
600
1,000
254

5

Al Sadiq Academy UK Notes to the Accounts for the year ended 5 April 2021

3 Plant, machinery and motor vehicles

Plant, machinery and motor vehicles
Cost
At 6 April 2020
Additions
At 5 April 2021
Depreciation
At 5 April 2021
Net book value
At 5 April 2021
At 5 April 2020
Plant and
machinery
£
9,385
4,121
13,506
-
13,506
9,385

6