| CONTEWS | PAGE | ||
|---|---|---|---|
| Trustees' annual report |
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| independent auditor's |
report to the trustees | ||
| Statement offinancial |
activities | ||
| Income and expenditure | account | 12 | |
| Balance sheet | 13 | ||
| Notes to the accounts |
| Registered charity |
name | AL-RISALAH EDUCATION TRUST | AL-RISALAH EDUCATION TRUST |
|---|---|---|---|
| Charity registration | number | 1174497 | |
| Principal of5ce | 13EBroadwater Road | ||
| London | |||
| SW17 ODS | |||
| The Trustees | |||
| The Trustees who served the charity | during the period were as |
follows: | |
| Sir Iqbal Sacranie | (Chairman) | ||
| Ivfr Haroon Karim | |||
| Mr Muhammad Naeem Siddiqi |
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| lvtr Farouk Valimahomed | |||
| Ivtr Mohammed Ayaz Niazi |
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| lvtr Yunus Bobat | |||
| ivtr Arshad Daud | |||
| Allditor | M.Zaidi 8cCo | ||
| Chartered Accountants |
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| 8c Statutory Auditors |
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| 241 Mitcham Road | |||
| Tooting | |||
| London | |||
| SW179IQ | |||
| Solicitors | Simons Muirnead 8cBurton LLP |
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| 87-9lNewman Street, |
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| London | |||
| WIT 3EV | |||
| Director ofTrust | err Maksud Gangat |
| YE | AR ENDED 31 AUGUS | T 2020 | ||
|---|---|---|---|---|
| Total Funds | Total Funds | |||
| 2020 | 2019 | |||
| Note | E | |||
| INCOiVHNG RESOURCES | ||||
| Incoming resources &om generating Voluntary income Investment income |
funds: | 436@67 | 50 2,300 |
|
| Incoming resources f'rom charitable |
activities | 1,078,154 | 1,052,970 | |
| TOTAL INCOMING RESOURCES | 1,514,521 | 1,055,320 | ||
| RESOURCES EXPENDED | ||||
| Charitable activities |
5 | (1,135/52) | (1,035,350) | |
| Depreciation | 9 | (998) | (952) | |
| Governance costs |
6 | (32463) | (34,342) | |
| TOTAL RESOURCES EXPENDED | (1,168,613) | (1,070,644) | ||
| NET OVTGOBVG RESOURCES | FORTHE YEAR | 345,908 | (15,324) | |
| OTHER INCObIE | 53/93 | |||
| Total funds brought forward |
(16,524) | (1,200) | ||
| TOTAL FUNDS CAIN lXD FORWARD | 382,677 | (16,524) |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Note | C | ||||
| INCOME | 1,514,521 | 1,053,020 | |||
| TOTAL EXPENDITURE | (1,168,613) | (1,070,644) | |||
| OPERATING DEFICIENCY | 345)908 | (17,674) | |||
| Investment | property | income | 2.300 | ||
| 345,908 | (15,324) | ||||
| OTHER INCOME | 53,293 | ||||
| DEFICIT | FOR THX YEAR | 399301 | (15,324) |
| 2020 | 20:9 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Rote | |||||||||
| 7DXD ASSZTS | |||||||||
| Tangible assets | 4,545 | ||||||||
| CURRENT A.SSZTS | |||||||||
| Debtors | 10 | 6,747 | 6,138 | ||||||
| Cash at bank and in | hand | 419,437 | 492,506 | ||||||
| 426,184 | Pop | ||||||||
| REDYTORS: Amounts | falling | due v/ithin | one | ||||||
| year | 1'I | (48,052) | (519,502) | ||||||
| ".KT~JmRZB7.~$SETS | 3!8,132 | ,"0858' | |||||||
| 7OTAL ASSE'ZS LZ"SCURRZI~. LK4BILrTZES | 382,677 | (16,524) | |||||||
| CRZMZQRS: r tnounts than one vear |
railing | duo a=er | more | (0.00} | (0.00) | ||||
| :VZ ' PDSKTS | 382,677 | (16,524) | |||||||
| "Uh(JS Unrestricted income |
unds | 382,677 | (16, 24) | ||||||
| .OT./Z, FDM3S | 382,677 | (16,524) |
| 2. | VOLUNTARY INCOME | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Total Funds | |||
| Funds | 2020 | 2019 | |||
| Donations &cash gifts | 436@67 | 436@67 | 50 | ||
| 3. | INVESTiENT INCOME | ||||
| Unrestricted | Total Funds | Total Funds | |||
| Funds | 2020 | 2019 | |||
| Rent- 20 Broadwater Road | 2,300 | ||||
| 4. | INCOMPfG RESOURCES | FROM CHARITABLE | ACTIVITIES | ||
| Unrestricted | Total Funds | Total Funds | |||
| Funds | 2020 | 2019 | |||
| C | C | ||||
| School fees Teaching support to VA Schools Other services toVA Schools Recreational activities and family funday Nursery grant receivable Teachers parking receipts Other income from charitable activities |
639,856 138700 71/75 1,621 225/61 1)712 229 |
639,856 138800 71,275 1,621 225,261 1,712 229 |
595,325 129,471 43,219 2,387 271,833 4,360 6,375 |
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| 1,078,154 | 1,078,154 | 1,052,970 |
| RESOURCES EXPENDED | ||
|---|---|---|
| Wages and salaries Employer's PIC Direct charitable activity 1 - pension costs Repairs and maintenance Free Lance teachers Rates Educational and learning material Telephone, Computer cost2 IT Insurance Hire ofequipment Printing and postage Students recreational activities Travelling costs StaffEntertaining Exam charges School Uniform Light and Heat 8c premises cost Charitable Donations-NHS St Georges Hospital |
774,000 57,804 17,094 44@92 46p65 2,169 55,496 24,948 13@10 10,723 167 7,428 7,794 271 11,004 1@78 38,983 IGQ50 262 |
729,175 54,437 12,683 34,317 45,636 1,088 50,003 14,954 7,800 9,117' 5,607 21,408 6,738 904 14,658 622 9,434 837 |
| Sundry expenses | 233 | 989 |
| Health 8r. Safety Admin Supp! ies |
11,081 | 14,943 |
| 1,135/52 | 1,035,350 |
| Unrestricted | Total Funds | Total Funds | |||
|---|---|---|---|---|---|
| Funds | 2020 | 2019 | |||
| Stafftraining Legal and Professional Audit fees Subscriptions Accountancy fees Bank Charges |
fees | 5@63 12,967 3,000 6,405 1,980 2,648 |
5,363 12,967 3,000 6,405 1,980 2,648 |
4,878 17~65 3,000 4,024 1,980 3,195 |
|
| 32363 | 32@63 | 34,342 |
| Thisis stated | after chargin | ; | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| 8' | ||||
| StaFpension | contributions | 17,094 | 12,683 | |
| Amortisation Depreciation |
ofintangible | assets | 998 | 952 |
| Auditors' remuneration: |
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| - audit ofthe | fmancial statements |
3,000 | 3,000 |
| Total | staff costs were as follows: | ||
|---|---|---|---|
| 2020 | 2019 | ||
| KVages Social Other |
and salaries security costs pension costs |
774,000 57,804 17,094 |
729,175 54,437 12,683 |
| 888,898 | 796,295 |
| Particulars The average |
ofemployees: number of |
employees | during | the | year, | calculated | on | the | basis | of full-time |
|---|---|---|---|---|---|---|---|---|---|---|
| equivalents, | was as follows: | 2020 | 2019 | |||||||
| No. | No. | |||||||||
| Average number ofmonthly | employees | 39 | 39 |