**Charity number: 1187467** ## **Madinatul Uloom Al-Islamyah** **Report of the Trustees and Unaudited Financial Statements** **For the year ended 31 March 2023** ## **Madinatul Uloom Al-Islamyah Contents Page For the year ended 31 March 2023** |Report of the Trustees|1 to 2| |---|---| |Independent Examiner's Report to the Trustees|3| |Statement of Financial Activities|4| |Statement of Financial Position|5| |Notes to the Financial Statements|6 to 10| ## **Madinatul Uloom Al-Islamyah Report of the Trustees** ## **For the year ended 31 March 2023** The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2023. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The key objective of the charity is to advance the Muslim religion in Sandwell for the benefit of the public through the holding of prayer meetings, lectures, celebrate Eid festivals producing and/or distributing literature on Muslim faith to enlighten others about the Muslim religion. ## **Statement on public benefit** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Significant activities** Place of worship The charity premises are being used as a Masjid and it provides other facilities for 5 daily prayers with the congregation. ## Publications The charity publishes and distributes informative and inspirational literature in the English language through means of the magazine. These cover topics which are pertinent to the audience, primarily the Muslim youth, pupils and parents of the madrasah. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** Madinatul Uloom Al-Islamyah **Charity registration number** 1187467 **Principal address** Moor Street West Bromwich B70 7AU ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: ## **Independent examiner** Mr Shabud Ullah Mr Jabul Islam Chowdhury Mr Mohammad Abdul Kadir Mr Mohammed Ahad Uddin Mr Mohammed Mohibur Rahman Mr Mohammed Toslim Ali Mr Nanu Kazi Mohammed Miah Mibsons Limited 180 Birmingham Road West Bromwich West Midlands B70 6QG 1 of 10 ## **Madinatul Uloom Al-Islamyah Report of the Trustees Continued For the year ended 31 March 2023** Approved by the Board of Trustees and signed on its behalf by ............................................................................. Mr Shabud Ullah 10 December 2023 2 of 10 ## **Madinatul Uloom Al-Islamyah Independent Examiners Report to the Trustees For the year ended 31 March 2023** I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2023. ## **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity'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 examiners statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do 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. 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. Muhammad Shahid FCCA Mibsons Limited 180 Birmingham Road West Bromwich West Midlands B70 6QG 10 December 2023 3 of 10 ## **Madinatul Uloom Al-Islamyah Statement of Financial Activities For the year ended 31 March 2023** |**Notes**
**Income and endowments from:**
Donations and legacies
2
Charitable activities
3
Masjid & Community activity
**Total**
**Expenditure on:**
Charitable activities
4/5
Masjid & Community activity
**Total**
**Net income**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
79,630
20,000
**99,630**
(42,200)
**(42,200)**
**57,430**
645,878
**703,308**|**2022**
**£**
77,734
20,000| |---|---|---| |||**97,734**| |||(87,173)| |||**(87,173)**| |||**10,561**
635,317| |||**645,878**| 4 of 10 ## **Madinatul Uloom Al-Islamyah Statement of Financial Position As at 31 March 2023** |**Notes**
**Fixed assets**
Tangible assets
9
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
10
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Unrestricted income funds
11
**Total funds**|**£**
**2023**
556,914
**556,914**
147,485
**147,485**
(1,091)
**146,394**
**703,308**
**703,308**
703,308
**703,308**|**£**
**2022**
483,100| |---|---|---| |||**483,100**| |||167,191| |||**167,191**| |||(4,413)
**162,778**| |||**645,878**| |||**645,878**| |||645,878| |||**645,878**| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Mr Shabud Ullah Trustee 10 December 2023 5 of 10 ## **Madinatul Uloom Al-Islamyah Notes to the Financial Statements For the year ended 31 March 2023** ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011. Madinatul Uloom Al-Islamyah meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Statement of cash flows** The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charity is small. ## **Funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity, and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are those which are to be used as per specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. ## **Incoming resources** All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: ## **Resources expended** Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure: ## **Tangible fixed assets** Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: . Land and Buildings 2% Straight line Fixtures and Fittings 10% Reducing balance ## **2. Income from donations and legacies** |**Unrestricted funds**
Donations received|**2022**
**2023**
**£**
**£**
77,734
79,630
**77,734**
**79,630**| |---|---| 6 of 10 ## **Madinatul Uloom Al-Islamyah Notes to the Financial Statements Continued For the year ended 31 March 2023** ## **3. Income from charitable activities** |**Unrestricted funds**
_Masjid & Community activity_
Income from charitable
activities
**osts of charitable activities by fund type**
**Unrestricted funds**
Masjid & Community activity
Support costs
**osts of charitable activities by activity type**
**Support**
**costs**
**Activities**
**undertaken**
**directly**
**£**
**£**
**Support costs**
Masjid & Community activity
4,861
37,339
**nalysis of support costs**
**Masjid & Community activity**
Admin and
Management
Governance costs|**2023**
**£**
20,000
**2023**
**£**
37,339
4,861
**42,200**
**2023**
**£**
42,200
**2023**
**£**
4,231
630
**4,861**|**2022**
**£**
20,000
**2022**
**£**
85,397
1,776| |---|---|---| |||**87,173**| |||**2022**
**£**
87,173
**2022**
**£**
1,146
630| |||**1,776**| ## **4. Costs of charitable activities by fund type** ## **5. Costs of charitable activities by activity type** ## **6. Analysis of support costs** 7 of 10 ## **Madinatul Uloom Al-Islamyah Notes to the Financial Statements Continued For the year ended 31 March 2023** ## **7. Net income/(expenditure) for the year** This is stated after charging/(crediting): |This is stated after charging/(crediting):||| |---|---|---| ||**2023**|**2022**| ||**£**|**£**| |Depreciation of owned fixed assets|10,548|10,388| |Accountancy fees|630|630| ## **8. Staff costs and emoluments** Total staff costs for the year ended 31 March 2023 were: |Salaries and wages
Average number of staff|**2023**
**£**
4,954
**4,954**
**2023**
1
**1**|**2022**
**£**
6,821| |---|---|---| |||**6,821**| |||**2022**
1| |||**1**| ## **9. Tangible fixed assets** |**Cost or valuation**
At 01 April 2022
Additions
At 31 March 2023
**Depreciation**
At 01 April 2022
Charge for year
At 31 March 2023
**Net book values**
At 31 March 2023
At 31 March 2022|**Land and**
**Buildings**
**£**
500,000
79,562
**579,562**
20,000
10,000
**30,000**
**549,562**
**480,000**|**Fixtures and**
**Fittings**
**£**
3,875
4,800
**8,675**
775
548
**1,323**
**7,352**
**3,100**|**Total**
**£**
503,875
84,362| |---|---|---|---| ||||**588,237**| ||||20,775
10,548| ||||**31,323**| ||||**556,914**| ||||**483,100**| 8 of 10 ## **Madinatul Uloom Al-Islamyah Notes to the Financial Statements Continued For the year ended 31 March 2023** ## **10. Creditors: amounts falling due within one year** |Trade creditors
Other creditors
Accruals and deferred income|**2023**
**£**
232
229
630
**1,091**|**2022**
**£**
-
379
4,034| |---|---|---| |||**4,413**| ## **11. Movement in funds** |**Unrestricted Funds**||||| |---|---|---|---|---| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**01/04/2022**|**resources**|**resources**|**31/03/2023**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|645,878|99,630|(42,200)|703,308| ||**645,878**|**99,630**|**(42,200)**|**703,308**| |**Unrestricted Funds - Previous year**||||| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**01/04/2021**|**resources**|**resources**|**31/03/2022**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|635,317|97,734|(87,173)|645,878| ||**635,317**|**97,734**|**(87,173)**|**645,878**| ## **12. Analysis of net assets between funds** |**Analysis of net assets between funds**|||| |---|---|---|---| ||**Tangible**|**Net current**|**Net Assets**| ||**fixed assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |General|556,914|146,394|703,308| ||**556,914**|**146,394**|**703,308**| 9 of 10 ## **Madinatul Uloom Al-Islamyah Notes to the Financial Statements Continued For the year ended 31 March 2023** |**Previous year**|||| |---|---|---|---| ||**Tangible**|**Net current**|**Net Assets**| ||**fixed assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |General|483,100|162,778|645,878| ||**483,100**|**162,778**|**645,878**| 10 of 10