AL-RISALAH EDUCATION TRUST ANNUAL REPORT TO 31 AUGUST 2025 Charity Number 1174497 M.ZAIDI & CO Chartered Accountants & Statutory Auditors 241 Mitcham Road Tooting London SW17 9JQ
AL-RISALAH EDUCATION TRUST ACCOUNTS YEAR ENDED 31 AUGUST 2025 CONTENTS PAGE Truslees, annual report Independent auditorfs pOrt to the trustees Statement of financial activities Income and expenditure account Balan sheet 10 13 14 15 Notes to the accourrts 16
AR[SALAH EDUCATION TRLTST TRUSTEES, ANYLAL REPORT YEAR ENDED 31 AUGUST 2025 The Trustees present their report aod the ac¢ounts of the cbarity for the year ended 31 August 2025. REFERENCE AND ADMINISTRATIVE DETAllS Registered eharity Dame AlUsALAHEDucATIoN TRUST Chlty registrntion number 1174497 Prillcipal office 13E Bro&dwater Road Id0 SW170DS The Trurjtees I'he TrSlee3 who serv¢d the charity dry the peri(xJ were as follows: Mr Mubamnwl Naeem Siddiqi (Chairnwi) Mrs lffat Fariduddin Mr AmirNiazi Mr Yunus Bobat Mr Arshad Daud Auditor M2aidi & Co Chartered Accotants & StatOry Auditors 241 Miiclwn Road TootiDg LA)ndon SW179JQ Solicitors Le¢ Bolton Monier Williams l The SanctU2ry Westminstrr London SWIP3It Director of Trusl Mr Maksud Gangat
ARlSALAH EDUCATION TRUST TRUSTEES, ANNLAL REPORT YEAR ENDED 31 AUGUST 2025 STRUCTURE, GOVBRliANCE AM) MANAGEMEKr The Charity is registered as CIO clwity alld is governed by its Constitution dated 4 S¢ptember 2017. The clwity registration is 1174497. The Trustees m¢el a minimum of tbree times a year, or more when required to collsider all matters p¢rtaining to the perforniance of the charty. The Tn)stees have no d]rt involvement with the day-tO- day opcrdtion of any of its schools. .Mr YUDUS Bobat is the chair of Gath)n Sch(K)l. Al-Risalah Boys, School and Al-Risalab Girls School. Mr Maksud Gangat is the Cbair of OArbard Primat). School. The advance]nent of edutiOll of children and voung people througb the establishment and maintenance of pre-s¢h(KyL primary. secondarv and tertiary sch1 (s) and colleges education in aDy manner which is now or hereafteT may be deemed by law to be charitable including full time Islamic education in acwrdance with the Holy Quran and Ahadith within the Ix)llnds of Ahle•i-sunat wal Jamat Muslim. To promote such other charitable purposes as may from time to lim¢ be deterniilled and ad by the 1Thtees. IiItSSION STATEI*IEYr Excellen¢¢ in educatio values and comffjunity engagemenL OUR PHtLOSOPHY -Establishing Islamic faith schools promoting the religious th and celebrating the commonalitics alld universal values between different faiths and none. -Illclusion of all Children and families iThespective of race. religion or cuItural heTita8¢. -commitment to delivering high educational standards and an outstanding curriculum provision combined with a strong religious eth05 and SMSC provision. .Outstanding academic acbievement by all learners. -Emphasis on the character development and ¢thical intelligeA)¢e of a]1 learnets. -citizenship developed through praetiral engaging oPrtUnItieS with all stakeholders.
AL-RISALAH EDUCATION TRUST TRUSTEES, AhThlJAL REPORT {¢*kn¥e4) YEAR ENDED 31 AUGUST 2025 PIiIYCIPLES AIYD VALUES Our vision, aims aod ethos is 5pOrted by following our core principles and values. -Faith -Excellettce -Equality -Honesty -Partnership -R¢spoDsibility -Respect ACHIEVEMENTS AND PERFORMANCE The end of year results was very g(Mxl for pupils sitting for national tests. Results at our schools exceeded tb¢ national average. The quality of Al_Risalab and EM)th secondary schools for boys and girls continues to remain good with many outstondino elements. The school curriculum is creativ¢, broad and balanc¢d. Pupils are offered enTichment OPWTiunities and ¢areeTS guidance. All stakeholder5 are pleased with the Nursery and Sec4)ndary" School. Staff are suprx)rted with professional development opportunities. The latest Ofsted report (Feb 25) for girls. schiK)Is and nursery stated.. "Pupils f¢el a real sense of belonging in this Sch1. They appreciate the shared values and ethos among the small sclKM)l eommuoity. Pupils get to know each other well. They forge trusting relationship wtth staff. The sch(K)I takes caTe of its pupils and provides a nurturing environm¢nt. Pupils are w)lit¢ and respectFul, both to their classmates and to sfaff. Teachers are quick to help pupils resolve any oc¢asioual friendship issues. Pupils conduct thenelveS well and follow th¢ school ns. This helps to create a harn)onious atmosphere around the School. Pupils ris¢ to meet the school's high exp¢ctatioDS and they achieve very well. Staff have secll subject knowlcdge. Thcv use this to explain and model concepts clcarly to pupils. They check ¢arefully that PUPAls have understo(NJ what bos been tsught and use these checks to infomi futur¢ teaching. Sch(M)I l¢adeTS and governors have suitable experieDc¢ and expertise to ensure that (be schiK)l is led and managed successfully. Governors sbare staffs pride in the school and cary their staiutory duties well. The proprietor has effective systems in place to ensure that the sehool meets the indepelldent school standards (the slandards) Consistent].. For the Early Year's Pn)ViSiOD Ofsted sta&. "In the Nursery, staff work closety with familics to help children settle into new routines. They ensure that children get a strong start to their education. In the Nursery, staff design a¢tivities to support children's d'eloPMent in all areas of learning. This prepares them well for Reception. The s¢hool meets all the stsidards of the early years foundation stage and the requireffjts of sch¢dule 10 of the Equality Act 2010"- Gatton School was inspected in July 2024.The overall judgement w&$ -Outstanditig". The r¢px)rt Stated." "Pupils love ci)ming to Gatton (VA) Primary School. Siaff and pupils celebrate and ¢mEody the Muslim ethos which is cetttrai to the life of the sehool. Pupils are well mannered and respectful towards ch other. They demonstrate impeccable behaviour in lessons and around the school. Bullying is very rare. Pupils know how to rnise concerns should they h2ppen. This h¢lps to eDSure that pupi15 feel safr and kept safe at school. Pupils InefIt from an extensive wider offer of activities and OPpities. For eyample. all pupils have weekly swimming le5SODS in the school""s on-site FkxTrI. Pupils develop their tslents through a range of clubs on offer such as cricket. ¢fy)king and enterprise. Pupils readily share their poety, music
ABRISALAH EDUCATION TRUST TRUSTEES, ANNUAL REPORT (cv YEAR ENDED 31 AUGUST 2025 or comedy at tbe termlv sbowcase. as well as rOM]ing their final pieces from music lessons. PupAls cltribUte to their school and widcr commuDity thmugb the school newsp&per, as members of the school council or as 'senior pupils.. All staff have high eXptatiOnS of pupi]s. wbich they consistentlv strive to meet. Luder5 are quick to celebrate pupils, achievements and there is a culture where mistakes are Twognised as a natural part of learning. This means that pupils develop resilience, enjoy learning and work hard to achieve their goals. As a resulL pupils achieve highly across the curriculum. including in national assessments-. Orchard School was ins1Cted by Ofsted in Febnwy 2025. The overnll judgement was "Outstanding". The report stated: "Pupils are happy and proud members of this wel¢oming scbool. Pupils live up to the expectstions and vtrtijes of the 'Orcbard ci)de'. This creates a school enNironm¢nt whe pupils trcat each other with respect and kindness. Pllpils aff re501ute about equality. They make sure tbat everyone is included and treated fairfy. They play happily together at social times. The school has high expectations 1$ 85pir8tional for pupils. Pupils achieve very hiJts ly rOSS the cwriculutn. They enjoy and value their l¢arning opportunities iujmensel}'. lessons, pupils are focused and diiigenL They are curious and keen learnet3. In the classroom alld around the sch(KTrL pupils. behaviour is exemplary. They are polite 2nd courteous. The well-consider1 provision for pupils. persoDaI de%'elopment aims to give pupils the tools and skills that they need for tbeir futll. For e9Mple. pupils learn about the fundamental British values and how to debate and differing opinions. Pupils, aspirations for whai they can achieve are promoted through visits to unii.'eTsities and exploring different career options. Pupils have a weahh of wider opportunities and exrieCes. such &5 ballet lessons, Cricket and football tournaments. A range of educational visits and clubs also enTich the taught curriculum-. Section 48 re)rt stated. "The school's comD)ilment to holistic edueatifft ¢usuS that pupiIs leave with a deep understanding of their faith, respect for others, and a strong foundxtion to navigate life &8 engag¢d British Muslillts. The exceptional leadership, dedicated sthff. and strong parentAI partnerships further enhance the sch1,5 success. makino it a rnodel of excellen¢e in both academic and spiritual developmenL Th¢ scb(K)I's Islamic ethos is deeply rooted in the shared vision of the Al-Risalah farn1" of school& striving for excellence academically. spiritually. morally, and socially. The curriculum is designed to nurture well_rounded individuals who not only develop a strong understanding of their faith but also become positive role models and ontributing CitinS in bmader wiety. Religious Education is centrdl to The Orchard's identity. al it is given great ItnEan¢¢ in the day to day njllning of the sch(xJl. The school places great empIlS in ensuTing that each ¢hild gains a sound knowledge of different srrands of the faith, which is evident in the teamwork shomn by the Headteacher, the Director of Education at the Al Risalah Tru>t and the Islamic Studies team" Our Voluntary Aided S¢hools {Gatton and Or¢bard) are overly subscribed and popular within th¢ community. Results of botb schools were outstanding. LA consultant reports coDfinn both schools are perforniing exceptionally well with Tesults of Ix)th schools well above the nationaI average in most categories. In November 2025, our matrria] clwige request to the DIE for the removal of the nursery from the DIE registrdtion ivas sUCcfUl. W¢ are now registered with OFSTED and can accept _ year olds under the OFSTED registration. The Tn continues lo priyvide valwble service to ail Trust schools including FM)th Gatton VA Pritnary School and OTchard VA primary school. This is done through school governance. Islami¢ studies pn)vision, Imam Support aThJ consultancy services. These St1¢¢S popular and add great value to Trust sch(K)Is.
ARIsALAH EDUCATION TRUST TRUSTEES, ANYLTAL REPORT (e&th*ed) YEAR ENDED 31 AUGUST 2025 Continue providing outslanding academic 8od community service pmvision. Engage with stsk¢holders in e5tabli8hiDg a VA secL)ndary sch(K)I for boys and girls. PUBLIC BENEFITS Th¢ TneeS ci)Dfirn) that they will comply with the duty in sectioll 4 of the Charities Act 2006 to have regard to the Charity Commission¢rfs general guidancc on public benefi¢ 'chaTities and Public Benefit, and in particular to its supplem¢nwy public ben¢fit guidance on advancing education and on fee-charging. The Tnjst seeks to advance the edUtIOn of a]1 children irrespective of race. religiot4 creed or cultural heritage and is committed to safeguardiug and promoting the welfare of students and exp¢¢ts all slaff and volunteers to slmre this conunitment. It is imFK)rtallt to us that access to the education we off¢r is not restricted to those who Can afford our fees.
AbRISALAH EDliCATION TRUST TRUSTEES, AML'AL REPORT YEAR ENDED 31 AUGUST 2025 REcRurrmry INDucfioN OF TRiiSTEES The recruitment and indurtion of new Tn]stees ltes with the Trust. Tnjgtees are responsible for seeking suitable applicants with a range of Skills, experiences and commitments who will b¢ an Set to the chatity in its establisl]ment and growth. New applI&ts are recruited through advertisement on the Trust website, followed by circulation of their CV to all TruStS and a full discussion being held at an appropriate Board meeting for his Aier r¢cruittnenL kn making the apEK)inlmellL the Board looks at the skills, qualification4 r¢levant experieD¢¢. tillte con]mitmenL Suitable Teferences and most importantly sharing the vision of the Tntst. The Trst is committed to equality and diversity within the organisation. The eurrent Board consists of ople from commullity. educatioffj tnosque, theological. ftnaneial. marketing, building4 buman K%ources and charitable backgrounds, all of whom bring the necessary exwhse to the work of the charity. RISK MAF4AGEMEliT The TrStee$ have examined thoroughly busioess and operatioDal risks which the charity feS and confuS that syst¢ms have been esfabltshed to enable regular rewtrrts to be produced so that necessary sfrps can be taken to avoid th¢se Tisks. To protect agaiDSt any financial mis&ppmpriation, and accounting staff regularly monitor and supervis¢ the fin8nciat affairs of the cl]aTity. We are of the opinion that these measures are appropriats to the CIlty'S size and the nature of its operdtions. FINANCIAL REVIEW A summary of the yeavs rcsuits call be found in the financial ststements. The deficit for the year bcfor¢ d¢precAatioll and nOrtiE2t1oll was £13J,719. The regular income of the charity was mainly derived from It£pendent school's fee& from charity services to the 2 VA Schools and Wandsworth Borough Councll ant for Nursery as per heAd count. RF.SERVES POMCY Th¢ Trustee8 CODsid¢rs holding unr¢stricted trserves amounTing to approximatel). three months. average expenditure. At Ibis level, the Tntstees feel they would be abl¢ io continue the CUTrent activities of the charity in the event of a signifieant drop in fijnding. Some of the Trnstees are also the Tn of Th¢ BaIham Mosque, therefore the Iwo charities wod( very ¢losely for the syelfare of th¢ community. The loundation of Al-Risalah Education Tt was laid under the auspic¢s of "I"he Bai])atn Mosque. Th¢ Tnjst Secondary School is based in The Ball]am Mosque buildillg T(H)ting Islamic centrc.
ADRISALAH EDUCATION TRLST TRUSTEES, AhThUAL REPORT YEAR ENDED 31 AUGUST 2025 STATEMENI OF TRUSTEES, RESPONSIBLUTIKS The Trustees ate responsile for preparing the Tnees, Annua] R¢w)rt and the accounts in aOrdanCe with applicable law and gUlationS and Lnil¢d Kingdo Axounting Standards (Unit¢d Killgdonj Generally Accepted Accounting Practi¢e}. The law applicable to charities in England and Wales requiras the Trustees to prepare counts for each financial year which give a true and fair view of the sla* of affairs of the charity and of the n¢oming resources and application of resources of the clwity for that p¢ricd. In preparing these accounts, the trustees are required to. select suitable accounting policies and thell apply them consistendy. observe the methi)ds and priticiples in the Charities SORP. make judgements aThJ accounting estimates that are re&qonable and prud¢nL prep8re the accounts on the going wncern basis unless it is inappropriate to preswne that the clwity will continue in operation. STATE.MELYf OF TIIUSTEES, RESPOliSIBILtriES ( The Trustees are responsi1¢ for keepittg proper aecountino rewrds that dtsclose with Teasonabl¢ accurncy at any time the fmancial wsition of the clwiry and enable them to ensure that the accounts comply with the ChaTities Act 2011, tht Charity (Accounts and Reports) Regulations 2008 and the provisions of tbe TnLSt De¢d. They att also Tespousible for safeguarding the assets of the charity at hence for taking reasonable steps for the prevention and d¢tection of fraud and other irregularities. ALo>rroR M.Zaidi & Co hav¢ been aptx)inted as auditor for the cU¢t year. Signed on behalf of the trustees Mr Muhammad Naeem Siddiqi Trustee had Daud Trustee Date.. __
ARlSALAH EDUCATION TRUST INDEPEYDENf AUDITOR'S REPORT TO THE TRUSTEES OF AL-RISALAH EDLTCATION TRUST YEAR ENDED 31 AUGUST 2025 OPINION We have audited the fin¥llcial statements of AL-RISALAH EDUCATION TRUST (Charity No.. 1174497) for the year ¢nded 31 Augiist 2025 which cotnprise the Statement of Financial AGlivities, Inc(Mll¢ and Expenditure AccouoL the Balance Sheet and the related notes. The financial rew)rting framework that has been applied in their preparntion is applicable law and United Kingdom AOUntIng Stalldards. including Financial RwrtiDg Stalldard 102 The Financia] Rep)rting Stsndard applicable in the UK and Republic of Ireland (Llnited Kingdom Generally Accepted Accounting Practice). In our opinior4 the financiat statements.. 'giv¢ a true and fair view of the state of the charity's affairs as at 31 Augiist 2025 and of its incoming r¢sources and application of resource4 for the yeartben ended. .have been prowly prepared in accor(iance with United Kingdom Generally Accepted AccouDtimg •have been prepared in Cordance with the requirements of the Clwities Art 2011. BASTS OF OPtNION We conducted our audit in accordaoce with JnternatIot Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our respoDsibilities under those stsndards are further descrikd in the Auditor'5 responsibilities for the audit of the fitwjctal statemellts section of our report. We independe]rt of th¢ charity in accordance with the ethical requiremellts that are relevant to our audit of the fiDancial st&tcmcnts in the UK, including the FRC'S EthicaI Standard. and we have fulfilled our othcr ethical TesponsiTryilities in accordance with these requirements. We believe th81 the audit evidence we have obtaitL¢d is sufficient and 4)propriate to provide a basis for our opinion. CONCLUSIONS RELATtNG TO GOING COYCEILY We have nothing to rel in re$t of the following matters tn relation to which the ISAS (UK) require us to report to you where.. •the trnstees. use of the going ¢oncern basis of a¢counting in the PTeparation of the fmaDcial staiements is not appropriat¢" or .the trustees have not disclosed in the fUkclaI statements any identified MaJaI uncertainties that may cast significant doubt about the charity's abAJity to contiDu¢ to adopt the going conc¢rn basis of accounting for a period of at le45t twelve months from the date when the financiat statements are authortsed for issue. io
AbRISALAH EDL'CATION TRUST INDEPENDEry AUDITOR'S REPORT TO THE TRUSTEES OF AL-IUSALAH EDUCATION TRUST Itoudiutdl YEAR ENDED 31 AUGUST 2025 OTHER INFORMATION The other inforn]ation comprises the infornlation Ilded in the annual rqyorL othcr than the fllwicial statements and our auditor's rewyrt thereon. Ibe tmslees a responsible for the other infonnation. OUT opinion on th¢ financial 5tatemellts does not cover the other i[rfOrnt10n and we do not express any forni of assurance CODclusion thereon. In conoection with our audit of the fmanciaI swements. our responsibility is to rtrdd the other infoatIOn in doing so, ci)nsider Trvhether the other infonnation is materially inconsistent with the fllwcial slatements or our knowledge Obtain in the audit or othen¥ise par5 to be materiall) misstated. If we identify sucb material illconsi%t¢ncA¢S or apparent materia] misstateTllenTS. we are rcquld to delermiD¢ whether there is a material misstatement in the rinaneial statemcnts or a material missL3ternent of the othcr iDfoTtnation. 1£ based on the work wc have performed, we conclude that there is a material misstatement of this other iDfonn&tion" we are required to report thai fact. We have nothing to report in this regard. MATTERS ON WHtCH WE ARE REQi]IRED TO REPORT BY EXCEYTION We have nothing to relkn in respect of the following matters wthere the Charities (Accounts and Reports) Regulations 2008 requires us to report to vou if. in our opinion: •the inforniation given in the fillallciai statements is innsiStent in any material respect with the trustees, reporL •sufficient accoi]nting records have not been kepL .the financial ststements are not in agTeement with the a¢coutrtllig records and retUTllS" or •we have not received ail the iofomiation and explanations we requite for our audiL RESPONSIBILrfiES OF TRUSTEES As explained mor¢ fully in the Trustees, Respollsibililies St*ement set out on page 7. the tnjstees are responsible for the preparalion of financial $ernents whicb give a true and fair view, and for such internal c47ntrol as the trustees deterniinc is necessary ro eDabl¢ the preparation of fancIal ststements that aTf free from material rnisstatemenL whether (hje to fraud or crror. Jn preparing the fillanciaI statements, the trustees are responsible for assessing the charity's ability to continue a goillts Conc disclosing as applicable. matter5 related to going concern and using the golng concern basis of accounting unless the tn either ioleDd to liquidate the comFally or to cease operations, or hav¢ no reaIisiic alternative but to do so. AlJDoRPs RESPONSIBILrrIES FOR THE OF FINANCIAL STATEMENIS We have been appointed as auditor under th¢ Charities Aci 2011. s. 144 and report in cOrdanCe with regulations made under the Act and relevant regulatioLs made or havitig effect thereunder. li
AbRISALAH EDUCATION TRUST INDEPENDENf AUDITOR'S REPORT TO THE TRUSTEES OF AL-RISALAH EDLCATIO¥4 TRLST (torLIiA4edl YEAR ENDED 31 AUGUST 2025 Our objectives are to ob(ain reasonable assurdDC¢ alx)ut whether the financial ststements &$ a wholc arc fre¢ frotn material Misstat¢en¢ whether due to fraud or error, and to issue an auditor's repK)rt that includ¢s our opinion. Reasonable assufdnce 15 a high level of as5ufdnce. but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatem¢nt when it exists. Misststements can arise from fraud or error and are considered material 1£ individually or in the aggtrgate. they could reasonably be expected t() inlluence the economic decisions of taken on the b&sis of these financial statetllents. A further description of our reswnsibilities for the audil ol the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uklauditorsresponsibilities. This description fomis part of our auditor's rqth. Use of ollr report This report is made solety to the ChaTity's trnstees, as a Ix)dy. in accordance with se£tion 144* of the Chariti¢s Act 2011 and the r¢gulations made under section 154 of that Act. Our audil work h&5 ken undertaken so that we migbt state to the Clwitv"'s trnstees those matters we are required to state to them in an kwditor's report and for no other purpose. To the fullest extent rErniitted by law. we do not a¢cept or asswne responsibility to anyone other thaD th¢ Clwity"'s trustees as a body. for our audit worK for this repo¢ or for the opinions we have forni Mr M.ZAIDI (Senior Statutory Auditor) For and on beha]f of M. ZAidi & Co Cbartercd Accountants & Statutory Auditors 241 Mitcham Road Tooting London SW17 9JQ M.Zaidi & Co is eligible to act as an auditor in ternis of seotion 1212 of thc Companies Act 2006 12
AL-RISALAH EDUCATION TRUST STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 AUGUST 2025 Total Funds Total Funds 2025 2024 Mote INCOMING RESOURCES tncoming resources from generating fund5: Voluntary income Incoming resources from Charitable activities TOTAL INCOMING RESOURCES SOURCES EXPENDED Charitable activities DepTeciation Governance costs 1,157 IA60A41 22,334 1.391294 1.414.628 1,461,598 (1,558,722) (1.470252) (168J79) (169,656) (36,595) (56,042) (1.763ffj96) (1,695,950) (302,098) (281,322) TOTAL RESOURCES EXPENDED NET oufGOING RESOURCES FOR THE YEAR OTHER INCOME Total funds brought forward IOJ32,711b 10,614.032 Prior Year Adjusttnent- re vat 1250 TOTAL FUNDS CARRIED FORWARD loJ)3162 10.332,710 The Statent of Financial Activities includes all gaiD5 and losses in the year and therefor¢ a statement of tirtai rccogttised gains aDd10sses h&$ not been prepared. A]1 of the above amounts relate to contilluillg tivIties. 13
AL-RISALAH EDUCATION TRUST INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 AUGUST 2025 2025 2024 INCOME TOTAL EXPENDfTURE 1,461598 1,414,628 (1,763,696) (1,695.950) (302,098) (281.322) OPERATING SURPLUSIDEFICIENCY Jnvestm¢nt property income orHER INCOLI SURPLUS FOR THE YEAR The tncome and Expendith Account includes all gains alld losses in the year and therefore statement of total rewgnised trains and losses has not been prepareLt All of the abov¢ amounts relate to conlinuing aotivities. 14
AL-RISALAH EDUCATION TRUST BALANCE SHEET 31 AUGUST 2025 2025 2024 FLKED ASSETS Tangible assets 9A41,141 9,608,461 CLIiRENT ASSETS Debtors Cash at bank and in hand 6918 689,401 180.305 664.443 CREDITORS: Amomnts falling dne within one 7S409 844,748 10 (167.688) (120,499) IYET CURRINT ASSETS 590,721 724249 TOTAL A&SETS tESS CURRENT LIABILITIES 10.031*62 10,332,710 NET ASSETS 10,031162 10,332,710 Unrestricted iDGom¢ funds 11 10,031062 10,332.710 10,031.862 10,332.710 TOTAL FUNDS These accounts were approved bv the memlKrs of the committee and authoris¢d for issue OD the .. and are signed on their khaif by: Mr Muhammad.¥aeem Siddiqi TnLqt¢c Mr Arshad Daud 15
AL-RISALAH EDUCATION TRUST NOTES TO THE ACCOUNTS YEAR ENDED 31 AUGUST 2025 ACCOUNTtNG POUCIES Basis of c¢ounting The accounts have been prepar&1 under the historical c05t convention alld in accordance with applicable United Kingdom accounting standards and the requitYm¢nts of the Stsrcment of Recommended Pra¢tic¢ 'Accounting and RepoTtiog by Charities. issued in March 2005 (SORP 2005). Going Concern The Trustees assess whether the use of going concern is appropriate (i.e.) wh¢ther there is any material uncertainties related to events or conditions that may cast significant doubt on the ability of the trust to Continue &$ a going collcem. The TntteS make this assessment in respeGt of each fJJwiGial year. The ttustees have concluded there aff no maieTial uncertainties. Incoming Rlree8 Ail incoming reSoUeS are recognised wheD the Trust bas the eotitlanent to the funds. certainly of receipt and the amount can be me4suTed with sufficient reliability. School fees School fees that have b¢en ellyed prior to the year end and which relate to aotivities in subsequent y¢ar4 are treated as def¢ed income in the year of TlPt and are released in the relevant period thereaft¢r. Grants receivable Grants are included in the Statement of Financial Adivities on a receivable b&sis. The balance of iDwme receiv for specific purposes but not expended during the period is shown in the relevant funds on the balance sheeL Where ineome is received in advance of ¢ntitlement of receipL its recognition is defenrd attd in¢luded in creditors as deferred income. Where elltitlcment occurs before income is received, the income is accrned. DonAIioDs Donations are Tecognised on a ¢¢iVable b&gis where there is certainty of receipt and the amount ¢an be reliably measured. Other income Other incuTDe. including the Retrtal Income. professional services in ff lation to edv¢alion is recognised in thc period it is receivable and to the extent the go(MLs have Ixen Provided or on completion of the s¢Tr'i¢e. Resollre Expended All expenditu will b¢ recognised in the period in which a liability is incurred and h&4 been classified under headings that aggregate all cosTs relad to that category. Where costs caTmOt be directly attributed to 5Wticular headings thcy have been alled on a basis consistent with the use of resouwes, with central staff costs allocated on the b&8is of time Sll( and depreciation charges allocated 00 the portion of the asset's use. Other support costs are all(ted based on the spread of staff costs. Cosl of generating funds There are costs incurred ill altracting voluntary income, and those Incurr in trading activities that raise fimds. 16
AL-RISALAH EDUCATION TRUST NOTES TO THE ACCOUNTS YEAR ENDED 31 AUGUST 2025 Fund accounting Unrestricted funds are Availablc for use at the discretion of the Trustees in fLWtherance of the general objectives of the charity. Restricted fim(ts are subJted to tEstrictiOll5 on their ¢xpenditure ivnposed by the donor or througb the terms of an appcal. DepreelAtion Depreciation As calculated so as to Mvite off the cost of an asseL less its estim residual valu¢. over th¢ useful economic life of that asset as follows". Equipment- 18/0 Reducing balance VOLUNTARY INCOME Unrestricted Total Funds Total Funds Fuknds 2025 2024 DoDatioll8 & cash gifts IJ57 1.157 22,334 INCOMING RESOURCES FROM CRr[ABLE ACTIVITIES Ullrestric¢ed Total FuDds Total Funds Funds 2025 2024 School fees Teaching support to VA Schools Other setvices to VA Sch(Kkls Recreational activities and family funday Nurserv grant receivable Teachers parking receipts Rent- Orchard Sch1 853,408 19&773 52,775 7,462 305J76 1ffi14 853,408 19&773 52.775 7.462 305576 1,614 40033 852,588 171,851 52,442 8.650 305,464 1,299 1,460841 1.460,441 1.392,294 17
AL-RISALAH EDUCATION TRUST NOTES TO THE ACCOUNTS YEAR ENDED 31 AUGUST 2025 RESOLUiCES EXPENDED Wages and salaries Employees Ntc DIrt charitsble activity l - pension costs Repairs and maintenance Free Lance teachers Rates Educational and learning material Telephone, Computer wst & IT 1,027.752 90272 25597 36.066 54A76 2011 3).800 13.481 11294 IlJ61 9J62 24,615 9,754 I,iii 7J77 36,887 7,159 274 40833 IiO,IM)O 2A40 932.835 69,871 22,915 19.535 78.456 3,218 36,378 22,950 11,355 15,180 14.747 22.409 5,673 1.023 26,123 64.518 7.150 159 Hire of equipnjent Printing and postage Sthd¢nts' recreational acliviti¢s Travelling Costs Staff Entertaining Exam charges Light and Heat & premises cost Charitsble Donations Sundry expenses Orchard SchcK)l Rent-Paid to The Balham Mosque ContributiODS made to The BaIham Mosque Health & Safety Adulin Supplies I iO,OIM) 3,862 1,895 1558,722 1,470.252 GOVERNLYCE COSTS Unrtstricted Tot41 Fund8 Totsl Fund5 Fllnds 2025 2024 Staff training L¢gal and Professional fees Audit fees Subscriptions AoUnta¢v fees Bank Charges 2,945 20,746 4.500 22.640 3,000 2,211 11339 4.125 15933 2,750 IIA39 4,125 15,933 2,750 2J48 3695 36J 56,042 18
AL-RISALAH EDUCATION TRUST NOTES TO THE ACCOUNTS YEAR ENDED 31 AUGUST 2025 NET OiTfGOThG RESOiJRCES FOR THE YEAR This is statd after charging.. 2025 2024 Staff pension cOntriblOnS Amortisation of Intanble assets Depreciation Auditors, remuneration: audit of the financial st&tements 25,597 22,915 168J79 169,656 4,950 4,500 STAFF COSTS A]ND EMOLLThIEs Total stsff costs were as follows: 2025 2024 Wages and salaries Social security costs Other p¢n5ion costs lJ127,752 90272 25597 932,835 69,871 22,915 1,143,621 1,025.621 Particulary ofemployees: The average number of employees duriDg the year. calculated on the b&8is of full-time equivalents. was as follows: 2025 No. 45 2024 Average numi of monthty ¢Jnploy¢ 45 No employee received remuner8tion of more than £60:000 during the year. 19
AL-RISALAH EDUCATION TRUST NOTES TO THE ACCOUNTS YEAR ENDED 31 AUGUST 2025 TANGIBLE FIXED ASSETS Freehold property F4uipment Lehold Property Total COST At I Septezuber 2024 Additions.. FF & Equipm¢ot additions at cost 11.718,032 177.496 653.118 12.548.646 1.059 1,059 At 31 Augusi 2025 11,718,032 178555 653,118 12è49,705 DEPRECIATION At I September 2024 Charge for th¢ ye At 31 Allgt 2025 2,787,611 160.844 140a44 78 12230 657 2,940,185 168379 2948,455 147222 12087 3,108,564 NET BOOK VALUE At31 August 2025 At 31 August 2024 8,769577 8,930,420 31033 37.152 640231 9,441,141 640.887 9,608.461 DEBTORS 2025 2024 Other Debtors- Ableband Ltd Prepayments 64,165 174.165 180 305 10. CREDITORS: Amounts falling due within ODe yr 2025 2024 Fee received in advance T8xAtion and social security Accruals and dcfcrred itwm¢ 123,165 37,648 6075 89,100 23,899 7,500 167,688 120.499 20
AL-RISALAH EDUCATION TRUST NOTES TO THE ACCOUNTS YEAR ENDED 31 AUGUST 2025 11. iJNRESTRICTED INCOME FUNDS Balance at I Septetnber 2024 Incoming Balance at 31 August 2025 Gen¢rdl Funds io 00 12. RELATED PARTY TRANSAcrioNs fr Haroon Karim is Trustees of Balham Mosque. Mr M N Siddiqui and Arshad Daud are part of Ba]ham Mosque Manag¢ellt team. 13. VAT REGISTRATION Al.Risa]ah Education trust was registered for vat in January 2025. and are submitting quarterly vat r&urns to HMRC. Output vat is pavable oll school fee& alld the 5ch(x)I can claim back input vat on the eligible expenses. The difference iknveen input and output vat is payableJreclaimable from HfvfRC. Income and expenses net of vat are included in the income and expenditure account. VAT liability outstanding at the year end is slK)wn in the balance sheet. 21