**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 - The highlights of this financial period are: ● The transition of core activities from developing and creating products to - Summary of the main Para 1.20 producing programmes and - achievements of the charity, educational services for our - identifying the difference the in-person and online community. - charity’s work has made to the circumstances of its ● 61 students across all programmes - beneficiaries and any wider benefits to society as a ● Programmes available online and - whole. on-site - A central place of congregating **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**