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2024-03-31-accounts

31/03/2024

Trustees’ Annual Report for the period

From 01/04/2023 To

Charity name: Sadr Ul Ulama Academy

Charity registration number: 1185079

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To advance the Islamic religion for the
public benefit, in particular but not
exclusively by holding prayer meetings,
lectures, public celebration of religious
festivals, producing and/or distributing
literature, promoting publications, writings,
discussions, gatherings, talks, teaching,
education and research and by any other
means as the trustees shall in their
discretion determine to enlighten others
about the Islamic religion.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19
During this period, the organisation
continued “business as usual” activities like
product sales, talks, and gatherings.
However, as mentioned in the previous
TAR, the organisation needed to reevaluate
its delivery method to achieve its
objectives.
Following extensive community research,
discussion and evaluating global trends.
The organisation started to work to focus
less on developing products that can be
sold and provide educational services,
talks, and gatherings.
To fulfil this, the organisation presented a
vision to its community, which they had
asked for. The outcome was that, due to
their contributions, the organisation was
able to rent an office space to hold
in-person educational services for adults
throughout the week. This space needed
extensive renovation to make it fit for
purpose.
Programmes were designed, developed
and marketed, resulting in 61 students
across various programmes.
We’ve organised multiple prayer meetings
(celebrating Eid, etc) and built a more
robust and larger community of around 400
WhatsApp community members.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The trustees considered the guidance laid
out by the Charity Commission on public
benefit with each of their activities within
the financial period.
Community feedback and global trends
showed that members wanted a closer and
more frequent opportunity to learn rather
than a singular activity of using our
products. This meant our core activity
delivery method had to change.
Since delivering the new activities, we’ve
had overwhelming support for the initiatives
launched and their delivery.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41
Other

Financial Review

Review of the charity’s
financial position at the end
of the period		 Para 1.21 Our products sold entirely out in the
previous FY. As a result of the impending
change to our core activities, the
organisation saw no reason to restock.
However, the majority of our income was
due to donations for this period to manage
the initial cost of renovation, development,
and transition to a new delivery method of
activities.
Student fees are heavily reduced during
this period to encourage registrations.
We’ve already had a lot of interest, and a
waitlist for the next intake period has been
developed. This is an area that will grow in
the next period.
Compared to the previous, the cash
balance at the end of this FY is greater than
a 100% increase. As time continues, we’ve
implemented an internal agreement to hold
a constant minimum bank balance of
£10,000.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 None held

Amount of reserves held		 Para 1.22 None held.
Reasons for holding zero
reserves		 Para 1.22 Having reviewed the annual accounts for
the period, the current bank balance acts
as a reserve.
Details of fund materially in
deficit		 Para 1.24 No material deficit.
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 There are no uncertainties for the charity
about the going concern, and it has a
positive cash balance at the end of the
financialperiod.

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46

Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 CIO

Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Trustees can be recruited by the existing
trustees to provide a new skill, expertise or
role to promote its activities. A new trustee
is entitled to a copy of the latest governing
document and lasts annual accounts as
well as the latest trustees’ annual report.

Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charity name Sadr Ul Ulama Academy

Other name the charity uses
Registered charity number 1185079

Charity’s principal address		 40 Nottingham Drive, Bolton, Greater Manchester, UK, BL1
3RY

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for whole
year
Nam
e of
pers
on
(or
bod
y)
entit
led
to
app
oint
trust
ee
(if
any)
Maulana Saiyed
Mohammed Irfany
Sayed Hamdani
Maulana
Sayed Mohammed
Samdani Maulana
Saiyed Mohammed
Zarkani Maulana
Mohammed Riaz
Dad
Mohamed Tanweer
Yusuf Patel
Mubarak Ayoub
Patel

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

Trustee 1 Trustee 2
Signature(s)
Full Name (s) Sayed Mohammed Samdani
Maulana		 Mohamed Tanweer Yusuf Patel
Position Trustee Trustee
Date

Charity Name No (if any) Sadr ul Ulama Academy 1185079 Receipts and payments accounts For the period Period start date Period end date To from 01.04.23 31.03.24

CC16a

Section A Receipts and payments

Section A Receipts and payments
A1 Receipts
Student fees
12,004
Donations
24,217
Book sales
-
-
-
-
-
-
36,221
-
-
Sub total -
Total receipts 36,221
A3 Payments
Wages
11,102
Rent
2,570
Repairs
87
General
347
Refurbishment
5,677
Insurance
604
Utilities
1,121
Postage
Printing
-
-
Sub total 21,509
-
-
Sub total -
Total payments 21,509
Net of receipts/(payments) 14,712
A5 Transfers between funds
-
A6 Cash funds last year end
12,428
Cash funds this year end 27,140
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)		 to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds		 to the nearest £
Endowment
funds		 Total funds
to the nearest £
12,004
24,217
-
-
-
-
-
-
36,221
-
-
-
36,221
11,102
2,570
87
347
5,677
604
1,121
-
-
21,509
-
-
-
21,509
14,712
-
12,428
27,140		 Last year
to the nearest £
-
-
-
-
-
-
-
-
-		 12,004 -
24,217 2,201
- 56
- -
- -
- -
- -
- -
36,221 2,257
-
-
-		 -
- -
- -
- 36,221 2,257
-
-
-
-
-
-
-
-
-
-		 11,102 225
2,570 -
87 -
347 -
5,677 -
604 -
1,121 -
137
- 203
- -
21,509 565
-
-
-		 -
-
- -
- 21,509 565
- -
-
-
-		 14,712 1,692
- - -
- 12,428 -
- 27,140 1,692

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on
behalf of all the trustees		 Details
Cash
Details
Details
Details
Details
Signature
Total cash funds
(agree balances with receipts and payments
account(s))		 to nearest £
to nearest £
-
-
-
-
-
-
27,140
-
OK
OK
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Print Name
Mohamed Tanweer Patel
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)		 to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Mohamed Tanweer Patel 4/29/2024

Docusign Envelope ID: 06FFA7FA-01EC-4E1D-ACA8-0D4E5CFDB771

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Charity Name Sadrul Ulama Academy 31 On accounts for the year 31 March 2024 Charity no 1185079 ended (if any) Set out on pages Enclosed (remember to include the page numbers of additional sheets)

Report to the trustees

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2024.

Responsibilities and basis As the charity's trustees, you are responsible for the preparation of the of report 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's I am qualified to undertake the examination by being a qualified member of statement the Chartered Institute of Management Accountants .

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:

● the accounting records were not kept in accordance with section 130 of the Charities Act; or ● the accounts did not accord with the accounting records; or ● the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. October 1, 2024

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

October 1, 2024 Signed: Date: Name: Abdul Razak Bagas

1

Oct 2018

IER

Docusign Envelope ID: 06FFA7FA-01EC-4E1D-ACA8-0D4E5CFDB771

Relevant professional CIMA qualification(s) or body (if

any):

Address: 1 Marnland Grove, Bolton, BL3 4UJ

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

2

Oct 2018

IER

Docusign Envelope ID: 06FFA7FA-01EC-4E1D-ACA8-0D4E5CFDB771

Give here brief details of any items that the examiner wishes to disclose .

3

Oct 2018

IER