Registered number 10712307
## Al Hafeez Foundation
## Revised Report and Accounts
30 April 2021
## **Al Hafeez Foundation**
## **Revised Accounts For the year ended 30 April 2021**
These revised annual accounts replace the original annual accounts for the year ended 30 April 2021.
They are now the statutory accounts of the company for the year ended 30 April 2021.
The revised annual accounts have been prepared as at the date of the approval of the original annual accounts and not as at the date of revision and accordingly do not deal with events between those dates.
The Amendments are due to incorrect year's figures were translated for the year.
Amendments are made and correct year's figures are translated.
## **Al Hafeez Foundation Report and accounts Contents**
||**Page**|
|---|---|
|Company information|1|
|Directors' report|2|
|Accountants' report|3|
|Income and expenditure account|4|
|Balance sheet|5|
|Statement of changes in capital and reserves|6|
|Notes to the accounts|7|
## **Al Hafeez Foundation Company Information**
## **Directors**
Mr Ismail Mohammed - Resigned 19.1.2021 Mr Sarfaraz Yakub Patel Mr Ekram Mubarak Khandu
## **Accountants**
AM 64 Stephenson Terrace Deepdale Road Preston Lancashire PR1 5AR
## **Bankers**
Barclays 38 Fishergate Preston Lancashire PR1 2AD
## **Registered office**
46 - 48. Trafford Street Preston Lancashire PR1 7XX
## **Registered number**
10712307
**Registered Charity Number** 1175606
1
**Al Hafeez Foundation Registered number: 10712307 Directors' Report**
The directors present their report and accounts for the year ended 30 April 2021.
## **Principal activities**
The company's principal activity during the year continued to be promotion of islamic history and culture in accordance with the sunni faith.
## **Directors**
The following persons served as directors during the year:
Mr Ismail Mohammed - Resigned 19.1.2021 Mr Sarfaraz Yakub Patel Mr Ekram Mubarak Khandu
## **Small company provisions**
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 24 January 2024 and signed on its behalf.
Safraz Yakub Patel Director
2
## **Al Hafeez Foundation**
## **Report to the directors on the preparation of the unaudited statutory accounts of Al Hafeez Foundation for the year ended 30 April 2021**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Al Hafeez Foundation for the year ended 30 April 2021 which comprise of the Income and Expenditure Account, the Balance Sheet, the Statement of Changes in Capital and reserves and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of Al Hafeez Foundation, as a body, in accordance with the terms of our engagement letter dated 6 April 2023. Our work has been undertaken solely to prepare for your approval the accounts of Al Hafeez Foundation and state those matters that we have agreed to state to the Board of Directors of Al Hafeez Foundation, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Al Hafeez Foundation and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Al Hafeez Foundation has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Al Hafeez Foundation. You consider that Al Hafeez Foundation is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Al Hafeez Foundation. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
AM Chartered Certified Accountants 64 Stephenson Terrace Deepdale Road Preston Lancashire PR1 5AR
24 January 2024
3
## **Al Hafeez Foundation Income and Expenditure Account for the year ended 30 April 2021**
|**Turnover**
Administrative expenses
Other operating income
**Operating surplus**
**Surplus before taxation**
Tax on surplus
**Surplus for the financial year**|**2021**
**£**
34,742
(21,042)
800
14,500
14,500
-
14,500|**2020**
**£**
16,521
(14,292)
-
2,229
2,229
-
2,229|
|---|---|---|
4
## **Al Hafeez Foundation Registered number:** 10712307 **Balance Sheet as at 30 April 2021**
|**Notes**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
3
**Net current assets**
**Total assets less current**
**liabilities**
**Creditors: amounts falling due**
**after more than one year**
4
**Net assets**
**Capital and reserves**
Retained surplus
**Members' funds**|**2021**
**£**
68,508
(4,050)
64,458
64,458
(45,950)
18,508
18,508
18,508|**2020**
**£**
4,021
(13)
4,008
4,008
-
4,008
4,008
4,008|
|---|---|---|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Safraz Yakub Patel Director Approved by the board on 24 January 2024
5
## **Al Hafeez Foundation Statement of Changes in Capital and reserves for the year ended 30 April 2021**
|**At 1 May 2019**
Surplus for the financial year
**At 30 April 2020**
**At 1 May 2020**
Suplus for the financial year
**At 30 April 2021**|**Income &**
**expenditure**
**account**
**£**
1,779
2,229
4,008
4,008
14,500
18,508|**Total**
**£**
1,779
2,229
4,008
4,008
14,500
18,508|
|---|---|---|
6
**Al Hafeez Foundation Notes to the Accounts for the year ended 30 April 2021**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
## _**Turnover**_
Turnover represents the value of charitable gifts, donations and rentals received in the financial year.
## _**Debtors**_
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
## _**Creditors**_
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
## _**Provisions**_
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
|**2**
**Employees**
Average number of persons employed by the company
**3**
**Creditors: amounts falling due within one year**
Bank loans and overdrafts
Other creditors
**4**
**Creditors: amounts falling due after one year**
Bank loans|**2021**
**Number**
-
**2021**
**£**
4,050
-
4,050
**2021**
**£**
45,950|**2020**
**Number**
-
**2020**
**£**
-
13
13
**2020**
**£**
-|
|---|---|---|
## **5 Other information**
Al Hafeez Foundation is a private company limited by guarantee without share capital and incorporated in England. Its registered office is: 46 - 48.
Trafford Street Preston
Lancashire PR1 7XX
7
## **Al Hafeez Foundation**
## **Detailed income and expenditure account for the year ended 30 April 2021**
_This schedule does not form part of the statutory accounts_
|**Turnover**
Administrative expenses
Other operating income
**Operating surplus**
**Surplus before tax**|**2021**
**£**
34,742
(21,042)
800
14,500
14,500|**2020**
**£**
16,521
(14,292)
-
2,229
2,229|
|---|---|---|
8
## **Al Hafeez Foundation**
## **Detailed income and expenditure account for the year ended 30 April 2021**
_This schedule does not form part of the statutory accounts_
|**Fees receivables**
Fees
Donation
**Administrative expenses**
Employee costs:
Travel and subsistence
Motor expenses
Premises costs:
Rates
Water rates and charges
Light and heat
General administrative expenses:
Telephone and fax
Printing, postage and stationery
Bank and credit card charges
Software and IT maintenance
Repairs and maintenance
Khidmat, gift and re-imbursements
Gift, parties and events
Charitable donation
Other donations
Sundry expenses
Legal and professional costs:
Advertising and PR
**Other operating income**
Rent receivable|**2021**
**£**
34,742
-
34,742
21
504
525
783
358
1,786
2,927
413
1,053
-
29
3,857
2,573
986
535
7,375
750
17,571
19
19
21,042
800|**2020**
**£**
7,911
8,610
16,521
-
-
-
737
371
1,174
2,282
82
954
236
32
5,610
5,004
60
-
-
13
11,991
19
19
14,292
-|
|---|---|---|
9