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2024-03-31-accounts

ALFURQAN ACADEMY

TRUSTEES' REPORT & FINANCIAL STATEMENT

FOR THE PERIOD FROM 1st APRIL 2023 TO 31st MARCH 2024

CHARITY REGISTRATION NO: 1182797

ALFURQAN ACADEMY

FOR THE PERIOD FROM 1st APRIL 2023 TO 31st MARCH 2024

CONTENTS

Page
Trustees and Professional Advisors 1
Trustees Report 2-5
Independent Examiners Report 6
Receipts and expenditure account 7
Balance Sheet 8
Notes to the accounts 9-10

ALFURQAN ACADEMY

FOR THE PERIOD FROM 1st APRIL 2023 TO 31st MARCH 2024

TRUSTEES AND PROFESSIONAL ADVISORS

CHAIRMAN: Mr Abdillahi Muhumad TRUSTEES: Mohamed Hirsi Ubah Sharif Zekariya Salah ADDRESS: Alfurqan Academy Unity House 42 Great Southern Street Manchester M14 5EZ ACCOUNTANTS: Zaheer and Company 63 Kingsway Burnage Manchester M19 2LL

Page 1

Trustee Annual Report

Alfurqan Academy Reporting Period: 1st April 2023 – 31st March 2024

Introduction

Alfurqan Academy is a registered Charitable Incorporated Organisation (CIO) dedicated to providing high-quality supplementary education, fostering cultural enrichment, and promoting the wellbeing of children, young people, and families in the community. Our mission is to support the academic, spiritual, and personal development of our students while encouraging good citizenship, healthy lifestyles, and strong community engagement.

This report highlights our key objectives, activities, and achievements over the reporting period, showcasing how Alfurqan Academy continues to lead in supplementary education and community impact.

Objectives and Achievements

Delivering High-Quality Islamic and Supplementary Education

We aim to provide structured and inclusive educational programs that combine Islamic learning with mainstream academic support.

Achievements:

Supporting Mainstream Education and Youth Development

Our programs aim to enhance educational outcomes while promoting good health, citizenship, and cultural appreciation.

Achievements:

Page 2

HAF (Holiday Activities and Food) Program:

Youth Programs Supported by GMP and Islamic Relief:

Promoting Physical and Mental Wellbeing

We strive to enhance the health and wellbeing of children and youth through sports, extracurricular activities, and wellbeing workshops.

Achievements:

Strengthening Parental and Community Engagement

We believe in fostering strong partnerships between the madrassah, parents, and the wider community to support students’ educational journeys.

Achievements:

Community Outreach: Organised community events and used communication platforms like WhatsApp and emails to strengthen ties with families and the local community.

Page 3

Investing in Teacher Development

Our goal is to maintain high standards of teaching by equipping staff with the necessary tools and training.

Achievements:

training for teaching assistants to support classroom management and enhance student engagement.

Key Programs and Events

Public Benefit

Alfurqan Academy CIO is committed to serving the local community by:

Our activities have directly benefited hundreds of students and their families, aligning with our mission to uplift and empower the community.

Page 4

Future Plans

1. Enhanced Teacher Training:

2. Parent Workshops:

3. Facilities Development:

4. Youth Leadership Initiatives:

Trustees

  1. Mr Abdillahi Muhumad

  2. Miss Ubah Sharif

  3. Mr Mohamed Hersi

  4. Mr Zekariya Salah

CHAIRMAN:

Mr Abdillahi Muhumad

Date: 28[th] January 2025

Page 5

INDEPENDENT EXAMINER’S REPORT

TO THE TRUSTEES OF ALFURQAN ACADEMY

I report on the accounts of Alfurqan Academy, registered charity number 1182797 for the accounts period ended 31st March 2024 which are set out on pages 10-13

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity's trustees are responsible for the preparation for the accounts in accordance with the requirement of the Charities Act 2011 (''the Act''). The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.

It is my responsibility to:

BASIS OF INDEPENDENT EXAMINER'S REPORT:

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

INDEPENDENT EXAMINER’S STATEMENT:

In connection with our examination, no matter has come to my attention;

. to keep accounting records in accordance with section 41 of the Act; and

. to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mr. Farroukh Zaheer (FCCA)

Zaheer and Company

Chartered Certified Accountants and Registered Auditors

63 Kingsway Burnage Manchester M19 2LL Date:

Page 6

ALFURQAN ACADEMY

RECEIPTS AND EXPENDITURES ACCOUNT

FOR THE PERIOD FROM 1st APRIL 2023 TO 31st MARCH 2024

Notes
INCOME AND ENDOWMENTS
DONATIONS AND LEGACIES
1
Fees
1
Grants
1
Retreats and trips
1
LESS: EXPENDITURES
EXPENDITURE ON RAISING FUNDS
2
EXPENDITURE ON CHARITABLE ACTIVITIES
2
NET INCOME / LOSS FOR THE YEAR
BALANCE BROUGHT FORWARD
BALANCE CARRIED FORWARD
2023-24 2023-24 2022-23
£ £ £
Restricted
Funds
-
-
78,320
Un-restricted
Funds
30,078
234,634
69,730
Endowment
-
-
-
Total
Funds
30,078
234,634
78,320
69,730
Total
Funds
12,264
155,158.00
51,718.00
-
78,320 334,442 - 412,762 219,140
-
12,832
243,510
103,377
-
-
243,510
116,209
219,054
27,845
12,832 346,888 - 359,720 246,900
65,488
59,237
(12,445)
(57,942)
-
-
53,043
1,295
(27,760)
29,055
124,725 (70,387) - 54,338 1,295

Page 7

ALFURQAN ACADEMY BALANCE SHEET FOR THE PERIOD FROM 1st APRIL 2023 TO 31st MARCH 2024

Notes
FIXED ASSETS
4
Tangible Assets
CURRENT ASSETS
Cash at bank and in hand
3
CURRENT LIABILITIES
Current Liabilities
5
NET CURRENT ASSETS
NET ASSETS
THE FUNDS OF THE CHARITY:
Funds brought Forward
Income of receipts over expenditure
2023-24 2023-24 2022-23 2022-23
£ £ £ £
55,134 6,803 8,430 9,070
6,803
47,536
55,134
7,598
7,598
54,338 1,295
1,295
53,043
29,055
(27,760)
54,338 1,295

For the year ending 31st March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies but as this company is a charity, it is subject to audit under charities Act 2011.

Directors' responsibility:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with sect ion 476; The directors aknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts

The accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006, with the Financial Reporting Standard for Smaller Entities (effective April 2008) and in accordance FRS 102 SORP.

Approved on behalf of the Board

We approve these accounts and confirm that we have made available all the information and explanations for their preparation.

Date:

CHAIRMAN:

Mr Abdillahi Muhumad

Page 8

ALFURQAN ACADEMY NOTES TO THE ACCOUNTS FOR THE PERIOD FROM 1st APRIL 2023 TO 31st MARCH 2024

Note: 1
Donations
Fees
Grants
Retreats and Trips
Note: 2
Resources
Charitable Activities
Rent
Light and heat
Rates
Wages and salaries
Retreats and trips
Bank Charges
Pension
Accountancy
Consultancy Fees
Phone
Cleaning
Printing, Postaging, Stationary
Subscriptions
Legal & Professional
Training
Advertising
Computer and Software
Depreciation
Repairs
Traveling
Sundries
Note: 3
Cash in bank
Cash in hand
Restricted
-
-
78,320
2023-24
Un-restricted
30,078
234,634
69,730
334,442
Un-restricted
4,173
28,627
4,505
199
-
203,400
74,750
1,927
1,305
3,360
1,500
1,800
3,140
1,878
2,848
4,648
1,076
-
1,986
2,268
2,721
733
43
346,888
54,197
937
55,134
Total
30,078
234,634
78,320
69,730
2022-23
Restricted
Un-restricted
-
12,264
-
155,158
51,718
-
2022-23
Restricted
Un-restricted
-
12,264
-
155,158
51,718
-
78,320 412,762 51,718 167,422
Restricted Total
4,173
41,459
4,505
199
-
203,400
74,750
1,927
1,305
3,360
1,500
1,800
3,140
1,878
2,848
4,648
1,076
-
1,986
2,268
2,721
733
43
Restricted

-
12,481
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Un-restricted
6,257
27,845
8,615
-
521
173,916
-
2,436
1,354
1,904
3,418
1,390
2,632
2,018
134
-
3,195
855
2,222
3,024
3,613
855
695
-
12,832
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
12,832 359,720 12,481 246,900
54,197
937
7,843
587
- 55,134 - 8,430

Page 9

ALFURQAN ACADEMY NOTES TO THE ACCOUNTS FOR THE PERIOD FROM 1st APRIL 2023 TO 31st MARCH 2024

Note: 4
Grants
MCR Active
Man Uni NHS
PCC GM
Manchester City Council
Total
£
46,820
4,000
20,000
7,500
78,320

Note: 5 Tangible Assets

Cost:
At April 1, 2023
Additions
Disposals

At Mar 31, 2024
Accumulated Depreciation:
At April 1, 2023
Charge for the year
On Disposals
At Mar 31, 2024
Net Book Value
At Mar 31, 2024
At Mar 31, 2023
Note: 5
Current Liabilities**
Accruals
Fixture and
Fittings
11,484
Fixture and
Fittings
11,484
Office
Equipment
6,745
6,745
2,440
1,076
3,516
3,228.75
4,305.00
7,598
7,598
Total
18,229
-
11,484 18,229
6,719
1,191
9,159
2,268
7,910 11,427
3,573.75 6,802.50
4,765.00 9,070.00
- 7,598
- 7,598

Page 10