REGISTERED CHARITY NUMBER: 1195480
TRUSTEES' REPORT AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
FOR
AL-MA'RIFAH ACADEMY
Watergates Ltd 109 Coleman Road Leicester LE5 4LE
AL-MA'RIFAH ACADEMY
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
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Page
Trustees' Report 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Statement of Financial Position 5
Notes to the Financial Statements 6 to 10
Detailed Statement of Financial Activities 11
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AL-MA'RIFAH ACADEMY
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST AUGUST 2025
The trustees present their report with the financial statements of the charity for the year ended 31st August 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).
OBJECTIVES AND ACTIVITIES
Objectives and Aims
Al-Ma'rifah Academy is a Leicester-based Masjid dedicated to serving the spiritual, educational, and social needs of the local community. Its core objectives and services include:
- Establishment and Expansion of Worship Facilities
Providing a dedicated place of worship for local residents, with ongoing efforts to expand and enhance services in line with the growing needs of the community.
- Religious Education for Children
Offering structured evening classes for children aged 5 to 15, focusing on the fundamental teachings of Islam while nurturing values that encourage positive contributions to society.
- Community Engagement and Interfaith Relations
Promoting mutual understanding through dialogue and outreach with the local non-Muslim community, aiming to dispel misconceptions and foster respectful coexistence.
- Charitable Services
To assist in the provision of any charitable services within the limits of the law and particularly within the bounds of Islam.
Key activities
o Hosting the five daily prayers o Conducting Jumu'ah (Friday) congregational prayers and Eid services
o Engaging in inter-community and interfaith outreach
o Fruit tree plantation at Al Ma'rifah premises as part of environmental efforts
o Expanding car park facilities to accommodate growing attendance
o Maintaining cleanliness in and around the Masjid premises
o Establishing evening classes specifically for girls
o Providing evening educational programs for adults
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Al-Ma'rifah Academy has successfully purchased a building and established a place of worship.
FINANCIAL REVIEW
Al-Ma'rifah Academy has shown that it is a well run organisation with overall surplus funds. The charity had a net surplus of £2,390 (2024: £26,181).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes a charity incorporated organisation.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1195480
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AL-MA'RIFAH ACADEMY
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST AUGUST 2025
Principal address
3 Chrisett Close Leicester LE5 6RD
Trustees
Mr K M J GULRAIZ Mr K G RAUF Mr A DAGIA (resigned 8/7/2025) MR K M Z Gulraiz (appointed 1/7/2025)
Independent Examiner Watergates Ltd 109 Coleman Road Leicester LE5 4LE
Approved by order of the board of trustees on 13th May 2026 and signed on its behalf by:
Mr K M J GULRAIZ - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AL-MA'RIFAH ACADEMY
Independent examiner's report to the trustees of AL-MA'RIFAH ACADEMY
I report to the charity trustees on my examination of the accounts of AL-MA'RIFAH ACADEMY (the Trust) for the year ended 31st August 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the 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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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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.
Nazir Malida FCCA
Watergates Ltd 109 Coleman Road Leicester LE5 4LE
13th May 2026
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AL-MA'RIFAH ACADEMY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2025
| 31/8/25 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 57,379 Charitable activities Mosque and madressa costs 27,708 Total 85,087 EXPENDITURE ON Charitable activities Mosque and madressa costs 82,697 Other - Total 82,697 NET INCOME 2,390 RECONCILIATION OF FUNDS Total funds brought forward 410,066 TOTAL FUNDS CARRIED FORWARD 412,456 |
31/8/24 Total funds £ 74,751 16,687 91,438 59,905 5,352 65,257 26,181 383,885 410,066 |
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The notes on page 0 form part of these financial statements
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AL-MA'RIFAH ACADEMY
STATEMENT OF FINANCIAL POSITION 31ST AUGUST 2025
| 31/8/25 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 4 320,021 CURRENT ASSETS Debtors 5 416 Cash at bank and in hand 93,258 93,674 CREDITORS Amounts falling due within one year 6 (1,239) NET CURRENT ASSETS 92,435 TOTAL ASSETS LESS CURRENT LIABILITIES 412,456 NET ASSETS 412,456 FUNDS 7 Unrestricted funds 412,456 TOTAL FUNDS 412,456 |
31/8/24 Total funds £ 313,368 3,991 93,808 97,799 (1,101) 96,698 410,066 410,066 410,066 410,066 |
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The financial statements were approved by the Board of Trustees and authorised for issue on 13th May 2026 and were signed on its behalf by:
Trustee
The notes on page 0 form part of these financial statements
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AL-MA'RIFAH ACADEMY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025
1. ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.
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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
TANGIBLE FIXED ASSETS
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:
- Freehold property straight line over 50 years Fixtures and fittings - 10% on cost
No depreciation is charged on freehold land. The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
TAXATION
The charity is exempt from 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.
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AL-MA'RIFAH ACADEMY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025
1. ACCOUNTING POLICIES - continued
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. TRUSTEES' REMUNERATION AND BENEFITS
Trustees remuneration includes consultancy fees of £0 (2023: £4,530).
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31st August 2025 nor for the year ended 31st August 2024.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Mosque and madressa costs |
Unrestricted fund £ 74,751 16,687 |
|---|---|
| Total | 91,438 |
| EXPENDITURE ON Charitable activities Mosque and madressa costs Other |
59,905 5,352 |
| Total | 65,257 |
| NET INCOME RECONCILIATION OF FUNDS Total funds brought forward |
26,181 383,885 |
| TOTAL FUNDS CARRIED FORWARD | 410,066 |
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AL-MA'RIFAH ACADEMY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025
| 4. TANGIBLE FIXED ASSETS COST At 1st September 2024 Additions |
Freehold property £ 301,357 - |
Fixtures and fittings Totals £ £ 17,363 318,720 13,340 13,340 |
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| At 31st August 2025 | 301,357 | 30,703 332,060 |
| DEPRECIATION At 1st September 2024 Charge for year |
3,616 3,616 |
1,736 5,352 3,071 6,687 |
| At 31st August 2025 | 7,232 | 4,807 12,039 |
| NET BOOK VALUE At 31st August 2025 |
294,125 | 25,896 320,021 |
| At 31st August 2024 | 297,741 | 15,627 313,368 |
| Included in cost or valuation of land and buildings is freehold land of £120,000 not depreciated. 5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors |
(2024 - £120,000) which 31/8/25 31/8/24 £ £ 416 3,991 |
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| 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Taxation and social security Other creditors |
31/8/25 31/8/24 £ £ 1,049 872 190 229 |
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| 1,239 1,101 |
Included in cost or valuation of land and buildings is freehold land of £120,000 (2024 - £120,000) which is not depreciated.
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AL-MA'RIFAH ACADEMY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025
7. MOVEMENT IN FUNDS
| Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are Unrestricted funds General fund TOTAL FUNDS |
At 1.9.24 £ 410,066 410,066 Incoming resources £ 85,087 85,087 At 1.9.23 £ 383,885 383,885 as follows: Incoming resources £ 91,438 91,438 |
Net movement At in funds 31.8.25 £ £ 2,390 412,456 2,390 412,456 Resources Movement expended in funds £ £ (82,697) 2,390 (82,697) 2,390 Net movement At in funds 31.8.24 £ £ 26,181 410,066 26,181 410,066 Resources Movement expended in funds £ £ (65,257) 26,181 (65,257) 26,181 |
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AL-MA'RIFAH ACADEMY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund |
At 1.9.23 £ 383,885 |
Net movement in funds £ 28,571 |
At 31.8.25 £ 412,456 |
|---|---|---|---|
| TOTAL FUNDS | 383,885 | 28,571 | 412,456 |
| A current year 12 months and prior year 12 months combined net movement in funds, above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 176,525 (147,954) |
included in t Movement in funds £ 28,571 |
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| TOTAL FUNDS | 176,525 | (147,954) | 28,571 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st August 2025.
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AL-MA'RIFAH ACADEMY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid |
31/8/25 31/8/24 £ £ 54,963 70,760 2,416 3,991 |
|---|---|
| Charitable activities Madrassah fees |
57,379 74,751 27,708 16,687 |
| Total incoming resources EXPENDITURE Charitable activities Wages Madrassah books Grants to institutions |
85,087 91,438 51,507 36,332 692 2,563 10,283 10,799 |
| Support costs Management Pensions Insurance Light and heat DBS Checks Security Legal and professional fees Consultancy fees Repairs & maintenance Staff training Telephone and internet |
62,482 49,694 154 121 731 699 6,726 4,367 - 300 570 534 100 - 3,738 2,292 1,402 1,685 43 101 - 43 |
| Finance Bank charges Depreciation of tangible fixed assets |
13,464 10,142 65 69 6,686 5,352 |
| 6,751 5,421 |
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| Total resources expended | 82,697 65,257 |
| Net income | 2,390 26,181 |
This page does not form part of the statutory financial statements
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