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