Ad Duha Foundation CIO
Trustees’ Annual Report
For the year ended 31 August 2024
1. Objectives and Activities
The charity’s objectives are to promote Islamic education and spiritual development, primarily through maktab classes and community-based educational programmes. The charity also organises events and provides support for personal and community learning.
2. Achievements and Performance
During the year, the Foundation served over 250 children in its maktab classes and teenage sessions. With an additional 100+ adults in their adult courses. It expanded its teaching team, and delivered educational events, community initiatives and workshops. Significant improvements were made in the use of digital tools for online and hybrid learning.
3. Financial Review
Total income for the year was £217,763, which includes £176,569 from donations and £41,194 in fees from maktab classes. Total expenditure was £110,059. The resulting net surplus for the year was £107,704. The charity remains financially sustainable with sufficient reserves.
4. Reserves Policy
The trustees have established a reserves policy to ensure that the charity maintains sufficient funds to manage its ongoing commitments and unforeseen expenditure.
The charity aims to hold free reserves equivalent to at least three months’ operating costs, currently estimated at approximately £25,000. This level of reserves is considered adequate to cover essential costs such as rent, utilities, staff costs, and other running expenses in the event of a temporary shortfall in income.
The reserves are intended to provide the charity with financial stability and flexibility, enabling it to continue delivering its charitable activities without interruption.
The trustees review the reserves level annually and may adjust the target amount as necessary based on changes in the charity’s activities and financial position.
5. Structure, Governance and Management
The charity is governed by a constitution as a Charitable Incorporated Organisation (CIO). The Board of Trustees oversees strategic direction and compliance. Day-to-day operations are managed by staff and volunteers.
6. Trustees
The trustees during the year were:
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[Azhar Mohammed, Chair]
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[Sohail Mohammed, Treasurer]
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[Omar Rashid, Secretary]
7. Statement of Responsibilities
The trustees are responsible for preparing the annual report and the financial statements in accordance with the Charities Act 2011.
Signed on behalf of the trustees,
[Name of Trustee] Omar Rashid Chair of Trustees Date: [Insert Date] 26/06/25 Azhar Mohammed 26/06/2025
Ad Duha Foundation CIO - 1180615 Profit and Loss for the year end Aug 2024
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AUG AUG
Category 2024 (£) 2023 (£)
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| Income | ||
|---|---|---|
| Donations | 176569 | 108633 |
| Fees | 41194 | 37225 |
| Total Income | 217763 | 145858 |
| Expenses | ||
| Advertising | -553 | -1384 |
| Broadband | -504 | -186 |
| Charges | 0 | 0 |
| Cleaning | -1870 | -715 |
| Depreciation | -1192 | -511 |
| Donations | -8744 | -100 |
| Equipment hire | -454 | -299 |
| Event Expenses | -11438 | -13187 |
| Insurance | -202 | -202 |
| Light and Heat | -8475 | -3156 |
| Other Legal and Professional | -131 | 0 |
| Purchases | 0 | -4654 |
| Rates | 0 | -1335 |
| Rent | -33119 | -30000 |
| Repairs & Maintenance | -1415 | -1351 |
| Software | -2014 | -556 |
| Staff Costs | -34576 | -21258 |
| Stationery & Printing | -4085 | -591 |
| Subscription | -281 | -126 |
| Sundry | -7 | -390 |
| Telephone | 0 | -229 |
| Travel | 0 | -29 |
| Wages | -686 | 0 |
| Website | -313 | -106 |
| Total Expenses | -110059 | -80365 |
| Net Surplus | 107704 | 65491 |
Ad Duha Foundation CIO - 1180615
Statement of Financial Activities (SoFA) for the year end Aug 2024
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Unrestricted Funds (£) Restricted Funds (£) Total AUG 2024 (£)
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| Income | |||
| Donations | 176569 | 0 | 176569 |
| Maktab Fees | 41194 | 0 | 41194 |
| Total Income | 217763 | 0 | 217763 |
| Expenditure | |||
| Charitable Activities (Total Expenses) | 110059 | 0 | 110059 |
| Total Expenditure | 110059 | 0 | 110059 |
| Net Income | 107704 | 0 | 107704 |
| Total Funds Brought Forward | 156797 | 0 | 156797 |
| Total Funds Carried Forward | 264501 | 0 | 264501 |
Ad Duha Foundartion CIO Balance Sheet
As at 31 August 2024
| Fixed assets Computers - Additions Computers - Depreciation Equipment - Additions Equipment - Depreciation Debtors Prepayments Bank Current a/c Paypal A/c Net assets Charity funds Surplus Brought Forward Net Surplus for the year Total funds |
2024 £ 1,700 -1,169 531 3,175 -635 2,540 3,071 24,813 24,813 236,617 0 236,617 236,617 264,501 £ 156,797 107,704 264,501 264,501 |
2023 £ 1,700 -425 1,275 675 -187 488 1,763 0 0 138,088 16,946 155,034 155,034 156,797 £ 91,306 65,491 156,797 156,797 |
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Ad Duha Foundartion CIO Notes to Accounts As at 31 August 2024
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Note Description
1. Accounting Policies The accounts have been prepared on an accrual basis in accordance with the Charities SORP (FRS 102).
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| Note 1. Accounting Policies |
Description The accounts have been prepared on an accrual basis in accordance with the Charities SORP (FRS 102). |
|---|---|
| 2. Income | Income includes donations and fees received for maktab classes. |
| 3. Expenditure | Expenditure includes teaching costs, rent, utilities, events costs, donations to other charities |
| 4. Staff Costs | The charity employed 1 staff during the year. No pensions or benefits were paid. |
| 5. Trustee Remuneration | No trustee received any remuneration or expenses. |
| 6. Reserves Policy | The trustees have established a reserves policy to ensure that the charity maintains sufficient funds to manage its ongoing commitments and unforeseen expenditure. |
| The charity aims to hold free reserves equivalent to at least three months’ operating costs, currently estimated at approximately £25,000. This level of reserves is considered adequate to cover essential costs such as rent, utilities, staff costs, and other running expenses in the event of a temporary shortfall in income. | |
| The reserves are intended to provide the charity with financial stability and flexibility, enabling it to continue delivering its charitable activities without interruption. | |
| The trustees review the reserves level annually and may adjust the target amount as necessary based on changes in the charity’s activities and financial position. |
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name AD DUHA FOUNDATION members of On accounts for the year AUGUST 2024 Charity no 1180615 ended (if any) Set out on pages
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2024
Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed: F.Munshi Date: 28/06/2025 Name: Falaknaaz Munshi T/a FAZ Accountants Ltd Relevant professional ICAEW qualification(s) or body (if any):
Address: Office 208, 69 Steward Street, Birmingham B18 7AF
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
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IER
Give here brief details of N/A any items that the examiner wishes to disclose .
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IER