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2022-04-05-accounts

Al Sadiq Academy UK Accounts 5 April 2022

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

29 December 2022

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 2022 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

29 December 2022

2

Al Sadiq Academy UK Profit and Loss Account for the year ended 5 April 2022

Donations & Collections
Rental Income
Gift Aid
Expenses
Wages, salaries and other staff costs
Car, van and travel expenses
Rent, rates, power and insurance costs
Repairs and renewals of property and equipment
Telephone, fax, stationery and other office costs
Bank, credit card and other finance charges
Accountancy, legal and other professional fees
Other business expenses
Net Movement in funds
Funds B/fwd
Funds C/fwd
2022
£
146,636
7,240
16,939
170,815
6,350
185
339
999
37,980
34
1,645
1,426
48,958
121,857
119,076
240,933

3

Al Sadiq Academy UK Balance Sheet as at 5 April 2022

Notes
Fixed assets
Property 426-428 Rochdale Road
1
Equipment, machinery and motor vehicles
2
Current assets
Bank/building society balances
Other current assets and prepayments
Total Current Assets
Current liabilities
Trade creditors
Other liabilities and accruals
Net assets
Capital account
Balance at start of period
Current Net Movement in Funds
11,573
22,564
2022
£
402,630
13,506
416,136
34,137
3,190
206,150
450,273
209,340
240,933
119,076
121,857
240,933

4

Al Sadiq Academy UK Notes to the Accounts for the year ended 5 April 2022

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
Car, van and travel expenses
Travel and subsistence
Rent, rates, power and insurance costs
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
Bank, credit card and other finance charges
Bank charges
Accountancy, legal and other professional fees
Accountants fees
Other legal and professional
Other business expenses
Sundry expenses
2022
£
146,636
4,286
7,240
11,526
6,350
185
339
999
402
539
37,039
37,980
34
480
1,165
1,645
1,426

5

Al Sadiq Academy UK Notes to the Accounts

for the year ended 5 April 2022

1 Property 426-428 Rochdale Road

1
Property 426-428 Rochdale Road
Premises
2
Plant, machinery and motor vehicles
Cost
At 6 April 2021
At 5 April 2022
Depreciation
At 5 April 2022
Net book value
At 5 April 2022
At 5 April 2021
2022
£
402,630
402,630
Plant and
machinery
£
13,506
13,506
-
13,506
13,506

6