Registered Charity Number- _ 1177987 AL FATIHA COMMUNITY SCHOOL TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR END 3 l March 2024 Al Fatlha Community 4*chool 3 George Street Balsall Heath Birmingham 01214408149 Admin@,alfatiha.uk
L l%ATIHA CO,NllllJ,N ITI SCHOOL .'ONTENTS OR THE YEAR ENDED 31 March ?0?4 TRUSTEES, REPORT............................................................................................................................................... STATEMENT OF FtNANCIAL ACTIVITIES............................................................................................................ BALANCE SHEET................................................................................................................... NOTES TO THE FINANCIAL STATEMENTS.....................................................................................................8-14
klL FATIIL4 CO.11.IIL.NITY SCHOOL TRUSTEES, REPORT FOR THE YEAR ENDFD 31 March ?024 Al Fatiha Community School Trustees, Annual Report for the period ended 31" March 2024 The tStee5 present their report and the financial statements for the period ended 31. March 2024. Structure. governance and management The charity is administered by an executive management committee comprising: Mr Mohammed Khalil Yasin CEO Mrs Humayra Kausar Trustee Yasmin Akhtar Trustee Jamil Amin Trustee Objectives and activities The purpose of the charity as set out in tts governing document. Al Fatiha Community School is a large Islamic Masjid situated in the heart of Balsall Heath BInInghaM. Over the past few years. we have undergone significant changes since we were established. We are a multicultural, mixed Masjid serving children and famtlies from a wide rdnge of local comrnunitTes. Within our tradition as an Islamic School, we are committed to making Al Fatiha Community School an inclusive environment, fostering curiosity. spirituality. creativity, and respect. At our Masjid we want everyone to be valued, to explore the joy of learning. and to achieve their full potential. The main activities undertaken during the year to further the charity 'S purpose for the public benefits.. The trustees. in making decisions, have had due regard to the commission's public benefit guidance when exercising any powers or duties. The objects of the charity are mentioned above. The organisation has completed its first project to establish or secure the establishment of a community Centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a Centre for activities promoted by the charity in furtherance of the above objectives.
AL FATIHA CO.11lU,1'17.Y SCHOOL TRUSTEES, REPORT FOR THE YEAR ENDED 31 March 20?4 The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of Ihe charity. Achievements and performance The main achievements and perforniance of the charity during the year.. The main achievements and perfonnance of the cliarity during the year was to purchase a building and convert into a Mosque. Th¢ differ¢n¢e the charity 's perfomiance during the year has made lo the beneficiaries of the charity. The ditY¢rence the charity's perfomiance during the year has made to the beneficiaries of the chariry is an ¢mpow¢r¢d and socially aware community. The degree io which the a¢hiev¢menls and perfomance during the year have benefited wider society. 'rhe debkree to whicli thL' achiev¢meni and perforniance during the year have benefited wider society is to make strides towards breaking the mold of an insular society and empowering gr¢ater parti¢ipation in wid¢r society. Flnanclal review The incoming resources were £64,879.08 for the period lo 31 sl March 2024, and these were higher than the lasi year (2023.. £62,611.83). The out8oing resources totalled {16.243.93} for the period to 31st March 2024 compared to last year (2023.. £37.460.44}, Stntement of trustees, responslbllltles The Iruslees for th¢ purpose of areresponsible for preparing the Trustees, Annual Report and the financial statements in accordance with appli¢able laiv and United Kingdom Generally Accepted Accounting Practice. Company law requires the trustees lo prepare financial statements for each financial period which give a true and Fairview of the situation of the charity. And of the in¢oming resources and appliLalion of resources, including the income and expenditur¢, of the charitable company for that period. In preparing these financial statements. th¢ ttuslees are required to: select suitable a¢counling policies and then apply them consistently. observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonabl¢ and prudent.
AL FATltL% CO.IIIIL'.NITY SCHUOL TRUSTEES, REPORT FOR THE YEAR ENDED 31 March ?0?4 state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping proper accounting records which disclose wtth reasonable accuracy at any lime the financial position of the Charitable company and which enable them to ensure that the financial statements comply with the provision of Statements of Recommended Practice {SORP) and Reporting by Charities. They are also responsible for safeguarding the &ssets of the Charitable and hence for taking reasonable steps fo rthe prevention and detection of fraud and other irregularities. Approvedbytheboardon (2910 1 12 02 5 ) and signed on its behalf by: Mohammed Khalil Yasin CEO
AL FATIHA CUillIN Ibl%lTY SCHOOL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YF,AR F,NDFD 31 March 2024 Recommended categories by activity Notes Unrestricted funds Total Funds 2024 Total Funds 2023 Income and endowments from: Donations and legacies 64,879.08 64,879.08 62,611.83 Total 64,879.08 64,879.08 62,611.83 Expenditure on: Raising ndS Charitable activities 1.802.44 1,802.44 2,3?6.88 7,707.43 7.707.43 32,387.36 Other 6,734.06 6,734.06 2,746.20 Total 16,243.93 16,243.93 37,460.44 Net ineomel{expenditure) Net movement in funds 48,635.15 48,635.15 25,151.39 48,635.15 48,635.15 25,151.39 Reconciliation of funds: Total funds brought forward 25,497.98 25,497.98 25,497.98 Total funds e*rried forward 74,133.13 74,133.13 50,649.37
AL fATIHA CO,11,IlLi,NITI' SCHUUL ' .i BALiNCE SHEET FOR THE YEAR ENDED 31 March ?0?4 Recommended eategories by activity Unre5tri¢ted funds Total Funds 2024 Total Funds 2023 Note5 Fixed assets Tangible assets 373.384.40 373.384.40 373.604.40 Total fixed assets 373 J84.40 373 J84.40 373,604.40 Current assets Debtors 3,020.00 Cash at bank and in hand 30,768.00 30,768.00 2,397.85 Total current assets 30,768.00 30.768.00 5,417.85 Net current assets/{liabilities} 30.768.00 30,768.00 5,417.8S Total assets less current liabilities 404.152.40 404,152.40 379,022.25 Creditors.. amounts falling due after one year io 307.456.88 307.456.88 330.961.88 Total net assets or liabilities 96.695.52 96,695.52 48,060.37 Funds of the Charity Unrestricted funds 74.133.13 74,133.13 25.497.98 Restricted income funds Endowment funds Total funds 74,133.13 74.133.13 2S,497.98 The financial slalements were approved by the Board on 29-Jan-2025 and signed on its behalf by: Mohammed Khalil Yasin Chair
AL FATIHA COIllLNlb"illTI' SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March ?0?4 l Accounting Policies 1.1 Accounting Policies The principal accounting policies adopted by the Charity. which is a public benefit entity, in the preparation of the accounts are as follows. 1.2 Basis of preparation These accounts have been prepared under ihe historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation. These accounts have been prepared in a¢¢ordance wTth "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective l January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Cbarilies Act 2011. These accounts are presented in pounds slerling and rounded to the nearest pound. 1.3 Going concern The Trustees have prepared financial projections. taking into consideraiion the current economic conditions and have. at Ihe time of approving these accounts. a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus. they Continue to adopt the going concern basis of accounting in preparing ihe accounts. 2 Income from Donations and Legacies Unrestricted funds Total funds 2024 Total funds 2023 Analysis Donated Goods, facilities and services Donalion and gifts Other 4,145.00 4,145.00 4,940.00 54.734.08 6.000.00 64.879.08 54.734.08 6,000.00 64.879.08 53,671.83 4,000.00 62,611.83
AL FATIHA COilliNIUINII'Y SC'.HOOL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March ?0?4 3 Expenditure on Raising Funds Total funds 2024 Total funds 2023 Analysis Fundraising agents Rent collection, property repairs and maintenance charges 200.00 1,802.44 2.126.88 1,802.44 2,326.88 4 Expenditure on Charitable Activities Total funds 2024 Total funds 2023 Analysls Charity running cost Inierest payable Bank charges Legallprofessional fees Support Costs 1,280.00 28,877.00 326.72 0.73 3,288.00 3,138.70 7,707.43 3,183.64 32.387.36 5 Support Costs Total (unds 2024 Total funds 2023 Analysis GovernAnce Costs Telephone Card lemiinal Insurance Accountants, fees 638.93 642.40 1,257.37 600.00 3,138.70 1,252.01 230.40 1,101.23 600.00 3,183.64
AL b-ATIHA CL),I,ILIIUINITY SCHOOL IYOTES TO THE FII¥4ANCIAL STATEMENrs FOR THE YEAR ENDED 31 March ?024 6 Other Expenditure Unrestricted funds Total funds 2024 Total funds 2023 Analysis Other ExpendIre Depreciation Charge for the Year - Fixtures & Fittings 6,514.06 6,514.06 2,526.20 220.00 220.00 220.00 6,734.06 6,734.06 2,746.20 10
AL FA'IIHA CO,IIIIL',NITI' SCHOOL NOTES TO THE FINANCtAL STATEMENTS FOR THE YEAR ENDED 31 March ?0?4 7 Tangible Fixed Assets 7.1 Cost or valuation Freehold Land & Buildings Fixtures & Fittings At 01 April 2023 Additions 374.044.00 (439.60) Disposals Revaluations Transfers At 31 March 2024 374,044.00 (439.60) 7.2 Amortisation and impairments Freehold Land & Buildings Fixtures & Fittings At 01 April 2023 Additions 220.00 Disposals Revaluations Transfers At 31 March 2024 220.1)0 7.3 Net book value Freehold Land & Buildings Fixtures & Fittings On 01 April 2023 On 31 Mah 2024 374,044.00 (659.60) (659.60) 374,044.00 8 Debtors: Amounts falling due within one year Total funds 2024 Total funds 2023 Trade debtors 3,020.00 3,020.00
AL FATIHA CO,)ILWIUNITY SCIIOOL NOTES TO THE FINANCIAL sTATEME1s FOR THE YEAR ENDED 31 March 20?4 9 Cash at bank and in hand Total funds 2024 Total funds 2023 Cash at bank and on hand 30,768.00 2,397.85 30,768.00 2,397.85 10 Creditors: Amounts falling due after one year Total lunds 2024 Total funds 2023 Trade creditors Other creditors 1,800.00 305,656.88 307,456.88 1,200.00 329,761.88 330,961.88 12
AL bA'I'IHA CO,NILIILINITY SCHOOL NOTES TO THE FINANCIAL STATEMENTS FOR TFfE YEAR ENDED 31 March ?024 11 Charity funds 11.1 Details of material funds held and movements during the CURREINT reporting period Fund Fund balances brought balgnees Carried forward forward GYdin5 and losses Fund names Income Expenditure Transfers Unrestricted funds 22,908.98 64.879.08 (16,243.93) 71,544.13 Unrestricted Gener21 Funds 2,589.00 2,589.00 Total 25,497.98 64,879.08 (16,243.93) 74,133.13 11.2 Details of material funds held and movements during the PREVIOUS reporting period Fund balances Fund brought balances forward carried forTrvard Gains and losses Fund names Income Expenditure Transfers Unrestricted funds Unrestricted General Funds 2,589.00 2,589.00 22,908.98 22,908.98 Total 25,497.98 25,497.98 11.3 Transfers between funds This Year Amount Between unrestricted and restricted funds Between endowment and restricted funds Between endowment and unrestricted funds Last Year 13
AL FATIHA COIMMUNI Il'y SCHOOL NOTES TO THE FINANCIAL STATE[ENTs FOR THE YEAR ENDED 31 March 2024 Amount Between unrestricted and restricted funds Between endowment and restricted funds Between endowment and unrestricted funds 14