REGISTERED COMPANY NUMBER: CE025158 (England and Wales) REGISTERED CHARITY NUMBER: 1195363
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
FOR
ARRAHMA FOUNDATION
Shareef Statutory Auditors 4 Highlands Court Cranmore Avenue Solihull West Midlands B90 4LE
ARRAHMA FOUNDATION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 5 |
| Report of the Independent Auditors | 6 | to | 8 |
| Statement of Financial Activities | 9 | ||
| Balance Sheet | 10 | ||
| Cash Flow Statement | 11 | ||
| Notes to the Cash Flow Statement | 12 | ||
| Notes to the Financial Statements | 13 | to | 19 |
| Detailed Statement of Financial Activities | 20 | to | 21 |
ARRAHMA FOUNDATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
The CIO ArRahma Foundation was merged with The Muslim Association of Hall Green (Charity Trust) with Reg No of 1153816.
All future activities are now conducted under the CIO.
Until March 2023 all activities were delivered via The Muslim Association of hall Green (Charity Trust) with Reg No of 1153816.
Page 1
ARRAHMA FOUNDATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
OBJECTIVES AND ACTIVITIES
Objectives and aims
To advance the religion of Islam, by means of, but not exclusively, promoting the teachings and tenets of Islam, provision of facilities for worship and provision of facilities for Islamic education.
The advancement of education for public benefit, by means of, but not exclusively, supplementary classes, facilities for nursery education and any such activities as the Trustees may determine from time to time.
To promote racial and religious harmony for the benefit of the public by promoting knowledge and mutual understanding between different racial and faith groups, in ways that reduces conflict and creates trust, unity and peace between them.
To relieve financial hardship, distress and suffering among poor people, victims of natural disasters and other people in need, by means thought fit by the trustees from time to time.
The provision or assistance in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have a need of such facilities by reason of their youth, gender, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.
To establish a Islamic community centre and to maintain and manage the same, in enhancement of the above objects.
To organise conventions, seminars, and workshops to help achieve the above objects.
To establish goodwill and working relationships between the Council and other local bodies including local government, public departments and other ethnic and cultural associations.
To raise awareness amongst its members and general public against extremism and violence, as per Islamic teachings.
Publish magazines, websites, newsletters, brochures, and other written materials.
To raise or collect funds.
To invite, receive and accept gifts of assets, property and any other gifts.
To buy, take on lease or in exchange, hire or otherwise acquire any property and to maintain and equip it for use.
To sell, lease or otherwise dispose of all or any part of the property belonging to the Charity.
To setup trading subsidiaries or carry out any such trading activities that are allowable under law.
To co-operate with local, regional, national or international charities, voluntary bodies, statutory authorities, and any other organisation.
To establish and pay for the establishment of any such electronic communication medium as thought fit, including the use of radio, internet, satellite, mobile phone and other such broadcast or transmission technology in furtherance of the objects.
To establish or support any charitable trusts, associations or institutions formed for any of the charitable purposes included in the objects.
To acquire, merge with or enter into any partnership or joint venture arrangement with any other charity formed for any of the objects.
To create such advisory committees as the Trustees think fit.
To provide and pay for indemnity insurance for the Trustees if required to keep in repair and pay for the costs of insuring any assets of the charity against any liability and risks of damage.
Page 2
ARRAHMA FOUNDATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
To provide and pay for public and employers liability insurance if required.
To employ and remunerate such staff or persons as are necessary for carrying out the work of the charity.
To appoint patrons or advisors or any such persons to assist in any decision making.
To do any other lawful thing that is necessary or desirable for the achievement of the objects or to exercise any other powers given by the Trustee Act 2000.
Significant activities
During the period from April 2024 to March 2025, the charity continued to advance its charitable objectives across its two sites: Masjid 'Esa ibn Maryam, 14 Etwall Road, Hall Green, Birmingham B28 0LE, and Masjid Sulayman bin Dawid, 196 York Road, Hall Green, Birmingham B28 8LE. Through both centres, the charity facilitated daily congregational prayers throughout the year, including Jumu'ah prayers, Ramadan programmes, Tarawid prayers, Eid prayers, and other acts of worship and religious gatherings for the benefit of the local Muslim community. The charity also delivered regular reminders, study circles, and educational programmes intended to advance the understanding and practice of Islam and to promote spiritual wellbeing and community cohesion.
The charity continued to provide educational opportunities and religious instruction for children, youth, and adults across both sites. Activities included Qur'an classes, Islamic studies lessons, youth engagement initiatives, and educational programmes designed to nurture good character, personal development, and a stronger understanding of faith and community responsibilities. The trustees also supported initiatives aimed at providing a safe, structured, and beneficial environment for young people and families, encouraging positive participation in religious, educational, and social activities for the wider public benefit.
In furtherance of its charitable purposes, the charity undertook and supported a range of community welfare and outreach initiatives during the year. These included community engagement activities, pastoral support and guidance for individuals and families, charitable appeals, and programmes intended to strengthen community ties and assist those in need. Through its activities at both centres, the charity continued to work towards the advancement of religion, the promotion of social welfare, and the provision of facilities and services beneficial to the local community, whilst ensuring that all activities were carried out in accordance with the charity's governing objectives and for the wider public benefit.
Public benefit
The trustees give due regard to the guidance issued by the Charity Commission on public benefit.
STRATEGIC REPORT
Financial position
The Charity made a surplus in the year of £635,845 (2024 : £384,649). As at 31 March 2025, the total reserves were £2,602,249 (2024 : £1,966,404).
Principal funding sources
The Charity obtains most of it's funding from donations and tuition fees.
Reserves policy
The Charity's reserves as at 31 March 2025 were £2,602,249. The Charity owns a number of properties and donations are used to improve the properties so that it can continue to provide facilities for local communities. Consequently, reserves are held at a high level.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Charity constitution
The Charity is a CIO, registered with Companies House and the Charity Commission.
Page 3
ARRAHMA FOUNDATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT Induction and training of new trustees
Any new trustees are appointed following foundation trustee recommendation and trained by existing trustees.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
CE025158 (England and Wales)
Registered Charity number 1195363
Registered office
14 Etwall Road Hall Green Birmingham West Midlands B25 0LE
Trustees
Mr Mohammed Ishaq Mr Muhammad Imran Iqbal Bhatti Mr Furquat Salim Mr Zaheer Mahmood Mr Juanied Amin
Auditors
Shareef Statutory Auditors 4 Highlands Court Cranmore Avenue Solihull West Midlands B90 4LE
Bankers
HSBC UK 34 Poplar Road Solihull West Midlands B91 3AF
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of ArRahma Foundation for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Page 4
ARRAHMA FOUNDATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
-
there is no relevant audit information of which the charitable company's auditors are unaware; and
-
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
AUDITORS
The auditors, Shareef, will be proposed for re-appointment at the forthcoming Annual General Meeting.
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 2 June 2026 and signed on the board's behalf by:
Mr Zaheer Mahmood - Trustee
Page 5
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF ARRAHMA FOUNDATION
Opinion
We have audited the financial statements of ArRahma Foundation (the 'charitable company') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
-
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other Matter
The Charity's accounts for the prior year were not required to be audited. Therefore, we have not audited the comparative figures in the 2025 accounts.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
-
the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
-
the charitable company has not kept adequate accounting records; or
-
the financial statements are not in agreement with the accounting records and returns; or
-
we have not received all the information and explanations we require for our audit.
Page 6
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF ARRAHMA FOUNDATION
Responsibilities of trustees
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Based on our understanding of the Charity and industry, we identified that the principal risks of non-compliance with laws and regulations related to employment laws and taxes, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006, FRS 102 and the Charities SORP. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to posting inappropriate journal entries to achieve desired financial results and the manipulation of exceptional items and management bias in accounting estimates. Audit procedures performed by the engagement team included, but were not limited to: - enquiries with management, and the Company's legal counsel (internal and, where relevant, external), including consideration of known or suspected instances of fraud and non-compliance with laws and regulations and examining supporting calculations where a provision has been made in respect of these; reading key correspondence with regulatory authorities in relation to compliance with certain employment laws and indirect tax matters; - understanding and evaluating the design and implementation of management's controls designed to prevent and detect irregularities; - challenging assumptions and judgements made by management in their significant accounting estimates, in particular, in relation to restricted funds; - identifying and testing journal entries, in particular any journal entries posted with unusual account combinations and postings by unusual users; There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Page 7
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF ARRAHMA FOUNDATION
Use of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Shareef Statutory Auditors Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 4 Highlands Court Cranmore Avenue Solihull West Midlands B90 4LE
2 June 2026
Page 8
ARRAHMA FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Charitable activities 4 Madrasah Investment income 3 Other income Total EXPENDITURE ON Raising funds 5 Charitable activities 6 Madrasah Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2025 Unrestricted fund £ 1,032,965 274,402 30,285 477 1,338,129 53,666 648,618 702,284 635,845 1,966,404 2,602,249 |
2024 Total funds £ 797,907 175,619 16,715 - |
|---|---|---|
| 990,241 | ||
| 32,850 572,741 |
||
| 605,591 | ||
| 384,650 1,581,754 |
||
| 1,966,404 |
The notes form part of these financial statements
Page 9
ARRAHMA FOUNDATION
BALANCE SHEET 31 MARCH 2025
| Notes FIXED ASSETS Tangible assets 12 CURRENT ASSETS Debtors 13 Cash at bank and in hand CREDITORS Amounts falling due within one year 14 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 16 Unrestricted funds TOTAL FUNDS |
2025 Unrestricted fund £ 4,026,563 69,125 654,263 723,388 (2,147,702) (1,424,314) 2,602,249 2,602,249 2,602,249 2,602,249 |
2024 Total funds £ 2,958,332 69,552 1,167,058 1,236,610 (2,228,538) (991,928) 1,966,404 1,966,404 1,966,404 1,966,404 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.
The financial statements were approved by the Board of Trustees and authorised for issue on 2 June 2026 and were signed on its behalf by:
Mr Zaheer Mahmood - Trustee
The notes form part of these financial statements
Page 10
ARRAHMA FOUNDATION
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received Net cash used in investing activities Cash flows from financing activities New loans in year Loan repayments in year Net cash (used in)/provided by financing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2025 £ 616,772 616,772 (1,073,847) - (1,073,847) - (55,720) (55,720) (512,795) 1,167,058 654,263 |
2024 £ 403,565 403,565 (505,902) 885 (505,017) 411,795 - 411,795 310,343 856,715 1,167,058 |
|---|---|---|
The notes form part of these financial statements
Page 11
ARRAHMA FOUNDATION
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025
1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| ACTIVITIES | ||
|---|---|---|
| Net income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received Decrease/(increase) in debtors (Decrease)/increase in creditors Net cash provided by operations |
2025 £ 635,845 5,616 - 427 (25,116) 616,772 |
2024 £ 384,650 1,280 (885) (11,327) 29,847 |
| 403,565 |
2. ANALYSIS OF CHANGES IN NET DEBT
| Net cash Cash at bank and in hand Debt Debts falling due within 1 year Total |
At 1.4.24 £ 1,167,058 1,167,058 (2,186,725) (2,186,725) (1,019,667) |
Cash flow £ (512,795) (512,795) 55,720 55,720 (457,075) |
At 31.3.25 £ 654,263 654,263 (2,131,005) (2,131,005) (1,476,742) |
|---|---|---|---|
The notes form part of these financial statements
Page 12
ARRAHMA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared 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' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The Charity is a CIO registered with Companies House and the Charity Commission.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
- Freehold property not provided Plant and machinery - 20% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 13
ARRAHMA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
| 2. DONATIONS AND LEGACIES Donations Gift aid 3. INVESTMENT INCOME Rents received Deposit account interest 4. INCOME FROM CHARITABLE ACTIVITIES Activity Tuition fees Madrasah 5. RAISING FUNDS Raising donations and legacies Fund raising costs 6. CHARITABLE ACTIVITIES COSTS Madrasah |
Direct Costs £ 577,110 |
2025 £ 1,032,965 - 1,032,965 2025 £ 30,285 - 30,285 2025 £ 274,402 2025 £ 53,666 Support costs (see note 7) £ 71,508 |
2025 £ 1,032,965 - 1,032,965 2025 £ 30,285 - 30,285 2025 £ 274,402 2025 £ 53,666 Support costs (see note 7) £ 71,508 |
2024 £ 728,355 69,552 797,907 2024 £ 15,830 885 16,715 2024 £ 175,619 2024 £ 32,850 Totals £ 648,618 |
|
|---|---|---|---|---|---|
| 2025 £ 53,666 Support costs (see note 7) £ 71,508 |
|||||
continued...
Page 14
ARRAHMA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
7. SUPPORT COSTS
| Madrasah | Governance Finance costs £ £ 52,196 19,312 |
Totals £ 71,508 |
|---|---|---|
8. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Auditors' remuneration | 6,000 | - | |
| Depreciation - owned assets | 5,616 | 1,280 |
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
10. STAFF COSTS
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Employees |
2025 £ 389,847 17,991 6,077 413,915 2025 32 |
2024 £ 301,934 11,217 4,010 |
||
|---|---|---|---|---|
| 317,161 | ||||
| 2024 29 |
No employees received emoluments in excess of £60,000.
continued...
Page 15
ARRAHMA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Madrasah Investment income Total EXPENDITURE ON Raising funds Charitable activities Madrasah Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 12. TANGIBLE FIXED ASSETS COST At 1 April 2024 Additions At 31 March 2025 DEPRECIATION At 1 April 2024 Charge for year At 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 |
Freehold property £ 2,955,234 1,049,641 4,004,875 - - - 4,004,875 2,955,234 |
Plant and machinery £ 6,410 24,206 30,616 3,312 5,616 8,928 21,688 3,098 |
Unrestricted fund £ 797,907 175,619 16,715 990,241 32,850 572,741 605,591 384,650 1,581,754 1,966,404 Totals £ 2,961,644 1,073,847 4,035,491 3,312 5,616 8,928 4,026,563 2,958,332 |
|
|---|---|---|---|---|
continued...
Page 16
ARRAHMA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other debtors 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other loans (see note 15) Social security and other taxes Other creditors Accrued expenses 15. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Other loans 16. MOVEMENT IN FUNDS At 1.4.24 £ Unrestricted funds General fund 1,966,404 TOTAL FUNDS 1,966,404 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 1,338,129 TOTAL FUNDS 1,338,129 |
2025 £ 69,125 2025 £ 2,131,005 5,366 1,253 10,078 2,147,702 2025 £ 2,131,005 Net movement in funds £ 635,845 635,845 Resources expended £ (702,284) (702,284) |
2024 £ 69,552 2024 £ 2,186,725 4,458 2,377 34,978 2,228,538 2024 £ 2,186,725 At 31.3.25 £ 2,602,249 2,602,249 Movement in funds £ 635,845 635,845 |
|---|---|---|
continued...
Page 17
ARRAHMA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
16. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund TOTAL FUNDS |
At 1.4.23 £ 1,581,754 1,581,754 |
Net movement in funds £ 384,650 384,650 |
At 31.3.24 £ 1,966,404 |
|---|---|---|---|
| 1,966,404 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 990,241 990,241 |
Resources Movement expended in funds £ £ (605,591) 384,650 (605,591) 384,650 |
Resources Movement expended in funds £ £ (605,591) 384,650 (605,591) 384,650 |
|---|---|---|---|
| 384,650 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.4.23 £ 1,581,754 1,581,754 |
Net movement in funds £ 1,020,495 1,020,495 |
At 31.3.25 £ 2,602,249 |
|---|---|---|---|
| 2,602,249 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 2,328,370 2,328,370 |
Resources expended £ (1,307,875) (1,307,875) |
Movement in funds £ 1,020,495 |
|---|---|---|---|
| 1,020,495 |
continued...
Page 18
ARRAHMA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
17. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 19
ARRAHMA FOUNDATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Investment income Rents received Deposit account interest Charitable activities Tuition fees Other income Other income Total incoming resources EXPENDITURE Raising donations and legacies Fund raising costs Charitable activities Wages Social security Pensions Postage and stationery Advertising Event expenses Sub contractors Miscellaneous expenses Books Project costs Support costs Finance Rates and water Carried forward |
2025 £ 1,032,965 - 1,032,965 30,285 - 30,285 274,402 477 1,338,129 53,666 389,847 17,991 6,077 6,040 2,364 85,885 18,402 1,032 7,201 42,271 577,110 6,168 6,168 |
2024 £ 728,355 69,552 |
|---|---|---|
| 797,907 15,830 885 |
||
| 16,715 175,619 - |
||
| 990,241 32,850 301,934 11,217 4,010 5,542 1,710 88,208 20,895 770 7,619 32,810 |
||
| 474,715 2,092 2,092 |
This page does not form part of the statutory financial statements
Page 20
ARRAHMA FOUNDATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Finance Brought forward Insurance Light and heat Telephone Repairs and maintenance Entertainment Equipment expensed Plant and machinery Governance costs Auditors' remuneration Accountancy and legal fees Merchant charges Legal fees Total resources expended Net income |
2025 £ 6,168 6,722 29,926 1,133 2,499 132 - 5,616 52,196 6,000 6,155 7,157 - 19,312 702,284 635,845 |
2024 £ 2,092 5,414 46,127 812 1,896 - 16,594 1,280 |
|---|---|---|
| 74,215 - 4,258 5,806 13,747 |
||
| 23,811 | ||
| 605,591 | ||
| 384,650 |
This page does not form part of the statutory financial statements
Page 21