| CONTENTS | PAGE | ||
|---|---|---|---|
| Trustees' annual report |
|||
| Independent auditor's |
report to the trustees | ||
| Statement offinancial |
activities | ||
| Income and expenditure | account | 12 | |
| Balance sheet | 13 | ||
| Notes to the accounts | 14 |
| Total Funds | Total Funds | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Note | ||||
| INCOMING RESOURCES | ||||
| Incoming resources from generating | funds: | |||
| Voluntary income Incoming resources from charitable |
activities | 2 3 |
10190 1,143408 |
12,201 1,336,092 |
| TOTAL INCOMING RESOURCES | 1,153~8 | 1,348,293 | ||
| RESOURCES EXPENDED | ||||
| Charitable activities Depreciation Governance costs |
4 8 5 |
(1452i812) (166/00) (34447) |
(1 125 137) (163,740) (35,615) |
|
| TOTAL RESOURCES EXPENDED | (1453459) | (1,324,492) | ||
| NET OUTGOING RESOURCES | FOR THK YEAR | (399361) | 23,801 | |
| OTHER INCOME | 33,354 | |||
| Total funds brought forward Assets transferred from Al-Risalah |
Charity¹1072720 | 11411,069 | 382,677 10,771435 |
|
| TOTAL FUNDS CARRIED FORWARD | 10411,708 | 11411,068 |
| 2022 | 2021 | |
|---|---|---|
| INCOME TOTAL EXPENDITURE |
1,153W8 (1853459) |
1,348,293 (1,324,492) |
| OPERATING SURPLUS/DEFICIENCY | (399461) | 23,801 |
| Investment property income |
||
| 23,801 | ||
| OTHER INCOME | ||
| 33,354 | ||
| SURPLUS FORTHE YEAR | 57,155 |
| 31 AUGUST 20 | 22 | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Note | |||||
| FIXEDASSETS | |||||
| Tangible assets | 9815,718 | 10,066,009 | |||
| CURRENT ASSETS | |||||
| Debtors | |||||
| Cash at bank and in hand | 0 | 421423 614,070 |
570,890 650,049 |
||
| CRKD1TORS: Amounts | falling dne within one | 1,035493 | 1,220,939 | ||
| year | 10 | (139403) | (75,880) | ||
| NET CURRENT ASSETS | 895~ | 1,145,059 | |||
| TOTAL ASSETSLESS | CURRENT LfAB~S | 10411,708 | 11311,068 | ||
| CRKD1TORS: Amounts | falling dne after more | ||||
| than one year | (0.00) | (0.00) | |||
| NET ASSETS | 10,811,708 | 11411,068 | |||
| FUNDS | |||||
| Unrestricted income funds |
10411,708 | 11411,068 | |||
| TOTAL FUNDS | 10,811,708 | 11,211,068 |
| Unrestricted | Total Funds | Total Funds | ||
|---|---|---|---|---|
| Funds | 2022 | 2021 | ||
| Donations Sr,cash gifts |
s | |||
| 10190 | 10190 | 12,201 | ||
| INCOMING RESOURCES | FROM CHARITAIILE | AC~8 | ||
| Unrestricted | Total Funds | Total Funds | ||
| Funds f |
2022 | 2021 | ||
| School fees Teaching support to VA Schools Other services toVA Schools Recreational activities and family funday |
712/13 148,126 52475 4,810 |
712/13 148,126 52/75 4410 |
803,194 120,500 74,775 |
|
| Nm aery grant receivable Teachers parking receipts Other income from charitable |
activities | 223,744 2440 |
223,744 2440 |
334,397 3,163 63 |
| 1,143,808 | 1,143,808 | 1,336,092 |
| RESOURCES EXPENDED | ||
|---|---|---|
| Wages aud salaries Employer's NIC Direct charitable activity I - pension costs Repairs aud maintenance Free Lance teachers Rates Educational and learning material Telephone, Computer cost &IT Insurance Hire ofequipment Printing and postage Students recretmonal activities Travelling costs StaffEntertaining Exam charges School Uniform Light and Heat &premises cost Charitable Donations-NHS StGeorges Hospital |
851,402 64487 20469 35901 31477 521 26,608 34403 20469 14~0 3462 18,059 9482 1,045 19,011 23rr73 |
839,441 62,713 18,922 24,512 31,060 1,038 32,950 21,363 13,986 8,984 2,675 8,376 8,797 385 10,156 1466 24,737 |
| Sundry expenses | 237 | 265 |
| Contributions made to The Balham Mosque Health &Safety Admin Supplies |
155,835 2,612 19,619 |
496 13,015 |
| 1@52412 | 1,125,137 |
| Unrestricted | Total Funds | Total Funds | |||
|---|---|---|---|---|---|
| Funds | 2022 | 2021 | |||
| Staff' training Legal and Professional Audit fees Subscriptions Accountancy fees Bank Charges |
fees | 5478 11,144 3,630 9,611 2498 2486 |
f. 5478 11,144 3,630 9,611 2498 2486 |
6,325 13,767 3300 6,449 2,180 3,594 |
|
| 34@47 | 34+47 | 35,615 |
| This is stated atter charging: | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Staffpension contributions Amortisation ofintangible assets |
20469 | 18,922 | |
| Depreciation Auditors' remuneration: |
166400 | 163,740 | |
| -audit ofthe financial statements |
3,630 | 3,300 | |
| 7. | STAFF COSTS ANILEMOL~S |
| Total | staff costs were as follows: | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Wages Social Other |
and salaries security costs pension costs |
851,402 64487 20469 |
839,441 62,713 18,922 |
| 936,158 | 921,076 |
| equivalen | ts, was |
as follows: | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| No. | No. | ||||
| Average | number | ofmonthly | employees | 45 | 45 |
| Freehold | Leasehold | |||||
|---|---|---|---|---|---|---|
| property | Equipment | Property | Total | |||
| COST | ||||||
| At l September 2021 | 128,071 | 653,118 | 781,189 | |||
| Additions: | ||||||
| FF&Equipment additions at cost |
15W9 | 15J09 | ||||
| Freehold: | ||||||
| 10Gatton Road Primary | School land | 3,123,004 | 3,123,004 | |||
| 10Gatton Road Primary | School | |||||
| building | 8,042,185 | 8,042,185 | ||||
| 20 Broadwater Road 20Broadwater Road —Legal costs |
550,000 2~ |
550,0002' | ||||
| At 31August 2022 | 11,718,032 | 143480 | 653,118 | 12/15,130 | ||
| DEPRECIATION | ||||||
| At l September 2021 Charge for the year |
2405,080 160~ |
117' 4,699 |
10460 657 |
2,433412 166400 |
||
| At 31August 2022 | 2,465'4 | 122471 | 10P17 | 2,599412 | ||
| NET BOOKVALUE | ||||||
| At 31August 2022 | 9452,108 | 21,409 | 642401 | 9P15,718 | ||
| At 31August 2021 | 9,412'52 | 10,199 | 642458 | 10,066,009 | ||
| 9. | DEBTORS | |||||
| 2022 | 2021 | |||||
| Accrued Rent | 14,000 | 14,000 | ||||
| Other Debtors - Ableband | Ltd | 394,165 | 550,000 | |||
| Prepayments | 8,282 | 6,890 | ||||
| Al- Risala Education Trust | (Old) | 4776 | ||||
| ~421 23 | ~570 | |||||
| 10. CREDITORS: Amounts falling due |
within one year | |||||
| 2022 | 2021 | |||||
| Fee received in advance | 104,060 | 63,140 | ||||
| Taxation and social securhy | 29415 | 7460 | ||||
| Accruals and deferred income | 6,028 | 5,480 | ||||
| Al Risala Education Trust —1072720 | ||||||
| 139403 | 75,880 | |||||
| 18 |
| Balance at | Incoming | Balance at | ||||
|---|---|---|---|---|---|---|
| 1 | September 2021 | resources | 31August 2022 | |||
| General | Funds | ~11 11069 | 399 | 1 | ~90 11900 |