Registered charity number 1196030
Al-Aqsa Educational Centre
Al-Aqsa Educational Centre
Report of the Trustees for the period 04 October 2021 to 31 March 2023
period 04 October 2021 to 31 March 2023.
Reference and Administrative Information
Charity Name Al-Aqsa Educational Centre
Charity Registration Number
1196030
Principal OIice
496 Whippendell Road Watford WD18 7QJ
Board of Trustees
Samar Elhames Fardoss Begum Zabeena Riaz Ahmad Khalid
Independent reviewer of accounts
Exel Accountancy Ltd 31 The Metro Centre Dwight Road Watford WD18 9SB
1
Structure, governance and management
Governing document
Al-Aqsa Educational Centre is constituted as a Charitable Incorporated Organisation (CIO) registered with the Charity Commission in October 2021 under charity number 1196030.
Organisational structure
The charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefit for their duties as trustees. Payments for any other activities are disclosed separately in the financial accounts.
The trustees are responsible for all decisions taken in relation to running the educational centre and activities provided by the charity. Specific administrative duties are delegated to staI.
Risk management
The trustees have developed a safeguarding policy that is reviewed to assess its continual appropriateness and application. Additional steps have been taken to identify and mitigate major risks. In particular, insurance cover is in place and the finances of the Charity are kept under review. Appropriate Disclosure and Barring Service (DBS) checks, supported by regularly review policies, are made for all those who work with children within the Charity.
2
Objectives and activities
Our aims
The objects of the charity are set out in the charity’s governing document:
Islamic education according to the Quran and Sunnah of the Prophet Muhammad.
To advance the education of the public in the study of the Arabic language.
Our objectives
activities have been reviewed to ensure they continue to reflect our aims. This has taken into consideration the Charity Commission’s general guidance on public benefit and in particular its supplementary guidance on the advancement of religion for the public
The overall objective is to provide young people and adults in the local community with self-confidence and a well-rounded understanding of Islam that will allow them to develop and contribute positively to society.
The main objectives are:
Provide weekly classes for young people and adults to study Islam, Quranic recitation and the Arabic language.
Strategies
Discounts are oIered to larger families and for those requesting financial assistance.
There is regular communication with parents to update on term activities, obtain feedback and share ideas. End of term reports are sent to parents giving a summary of student progress.
Enrolment is open to all, with students attending from a variety of religious backgrounds.
Activities and achievements
The trustees consider that the activities carried out in pursuit of its charitable aims benefit directly those who attend the classes provided as well as the wider community.
Weekend Classes
3
Regular weekend classes continued with an increase in student numbers from 71 students in Sep-Dec 2021 to 112 students in Jan-Apr 2023. The weekend classes taught the full curriculum of Quranic recitation, Arabic language and Islamic Studies.
Weekday Classes
Weekday classes were started in March 2022 due to parental demand. There are two classes per day, three days per week after school with two teachers per class. Classes are small (maximum 13 students) in order to ensure appropriate supervision and maintain standards. This has resulted in some students being placed on a waiting list until space becomes available.
Financial review
Principal funding sources
The main source of funding is course fees (£56,911) followed by donations (£264). Course fees are mainly paid termly for weekend classes and monthly for weekday supplementary classes.
Principal costs
The main costs are:
-
Teacher payment £26,100
-
Classroom £6,400
-
Books £6,337
4
Statement of Trustees’ responsibilities
statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of aIairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the 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.
-
State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.
-
inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993, and the Charity (Accounts and Reports) Regulation 2008. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees for the purposes of charity law who served during the year and up to the date of this report are set out on page 1.
Approved by the trustees and signed on its behalf by:
Ahmad Khalid (Trustee)
13 January 2025
5
Al-Aqsa Educational Centre Statement of Financial Activities for the year ended 31 March 2023
| Note Receipts Student fee Donations Total receipts Payments Classroom hire Teacher payment 2 Books IT Other Total payments Net of receipts/(payments) Cash funds last year end Cash funds this year end |
Unrestricted Restricted Total Funds Funds Funds 2023 £ £ £ 56,911 - 56,911 264 - 264 |
|---|---|
| 57,175 - 57,175 |
|
| 6,400 - 6,400 26,100 - 26,100 6,337 - 6,337 1,333 - 1,333 791 - 791 |
|
| 40,961 - 40,961 |
|
| 16,214 - 16,214 |
|
| 14,348 - 14,348 |
|
| 30,562 - 30,562 |
The notes on page 7 form part of these accounts.
Approved by the trustees on date and signed on their behalf by:
Ahmad Khalid
Trustee
13 January 2025
6
Notes to the accounts
1. Accounting policies
a. Financial policies
The accounts have been prepared on a receipts and payments basis in accordance with CC16 as the gross income is less than £250,000.
b. Corporation tax
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. Not tax charges have arisen in the charity.
2. Teacher payments
| Teacher payments Unconnected persons Connected persons Total |
Unrestricted Restricted Total Funds Funds Funds 2023 £ £ £ 22,700 - 22,700 3,400 - 3,400 |
|---|---|
| 26,100 - 26,100 |
7
| AL-AQSA EDUCATIONAL CENTRE | 1196030 | ||
|---|---|---|---|
| Receipts and payments accounts | CC16a | ||
| For the period from 04-Oct-21 |
To | 31-Mar-23 |
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ |
Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
|---|---|---|---|---|---|---|---|---|---|
Student fee |
56,911 | - | - | 56,911 | - | ||||
| Donations | 264 | - | - | 264 | - | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total(Gross income for AR) | 57,175 | - | - | 57,175 | - | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | |||||||||
| - | - | ||||||||
| Sub total | - | - | |||||||
| Total receipts A3 Payments |
|||||||||
| - | |||||||||
Classroom hire |
6,400 | - | - | 6,400 | - | ||||
| Teacherpayment(unconnectedpersons) | 22,700 | - | - | 22,700 | - | ||||
| Teacherpayment(connectedpersons) | 3,400 | - | - | 3,400 | - | ||||
| Books | 6,337 | - | - | 6,337 | - | ||||
| IT | 1,333 | - | - | 1,333 | - | ||||
| Other | 791 | - | - | 791 | - | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| **Sub total ** | 40,961 | - | - | 40,961 | - | ||||
| A4 Asset and investment purchases, (see table) |
|||||||||
| - | |||||||||
| - | |||||||||
| **Sub total ** | - | - | |||||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||||
| - | |||||||||
| 16,214 | - | ||||||||
| - | - | ||||||||
| 14,348 | - | ||||||||
| 30,562 | - |
1/31/25
CCXX R1 accounts (SS)
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities |
(agree balances with receipts and payments account(s)) Details Bank & cash in hand Total cash funds Details Details Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 30,562 - - - - - 30,562 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name AHMAD KHALID |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval | |||
| AHMAD KHALID | 13/01/2025 | ||
1/31/25
CCXX R2 accounts (SS)
2
REPORT OF THE COMMITTEE
FINANCIAL STATEMENTS FOR THE PERIOD 04/10/2021 to 31/03/2023 FOR
AL-AQSA EDUCATIONAL CENTRE
Prepared by
EXEL ACCOUNTANCY CHARTERED MANAGEMENT ACCOUNTANTS 31, Metro Centre Dwight Road Watford WD18 9SB
AL-AQSA EDUCATIONAL CENTRE
CONTENTS OF THE FINANCIAL STATEMENTS
| Page | |
|---|---|
| Statement of the Independent Examiner | 1 |
| Income and Expenditure account | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 |
’ - Independent examiner s report to the Members of AL AQSA EDUCATIONAL CENTRE
I report to the members on my examination of the accounts of the AL-AQSA EDUCATIONAL CENTRE for the period from 04/10/2021 to 31 March 2023
Responsibilities and basis of report
As the members of the Centre you are responsible for the preparation of the accounts. The committee consider that an audit is not required for the year and that an independent examination is needed.
My responsibilities:
-
Examine the accounts
-
To state whether particular matter have come to my attention
Basis of independent examiner's report
We have conducted an independent examination of the Centre's financial statements for the year ending 31/03/2023.
Our examination was conducted to obtain reasonable assurance about whether the financial statements are free from material misstatement. The procedure incudes a review of the accounting records kept by the club and a comparison of the accounts presented with those records.
The financial statements include the balance sheet as at 31/03/2023 and the income and expenditure statement for the year then ended.
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:
(1) to keep accounting records
- (2) to prepare accounts which accord with the accounting records have not been met
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.
Signed:
Name: Mohammed Khayam ACMA, AFA Address: 31, Metro Centre, Dwight Road, Watford, WD18 9SB
Date: 10/10/2024
AL-AQSA EDUCATIONAL CENTRE
Income & Expenditure Account for the period 04/10/2021 to 31/03/2023
| Notes Revenue 3 Other Income Administrative Expenses 4 Other expenses Surplus/(deficit) for the year Surplus/(deficit) brought forward Surplus/(deficit) carried forward |
2023 £ 57,175.00 - 40,961.00 - 16,214.00 16,214.00 |
|---|---|
AL-AQSA EDUCATIONAL CENTRE Balance Sheet as at 31st of March 2023
| Sch Fixed Assets Current Assets Cash at bank Creditors: amounts falling due within one year Net current Assets/(liabilties) Net Assets/(liabilties) Members General Funds Members' funds- surplus/(deficit) |
2023 £ 30,562.00 30,562.00 - |
- 30,562.00 30,562.00 30,562.00 30,562.00 |
|---|---|---|
These fianancial statements were approved by the committee on the _____ and are signed on their behalf by the Committee Chairman
AL-AQSA EDUCATIONAL CENTRE
Notes to Financial Statements for the year ended 31 March 2023
1. ACCOUNITNG POLICIES
Accounting Convention
The financial statements have been prepared in accordance with the applicable accounting standards.
2. TAXATION
No liability to Uk corporation tax arose on the ordinary activities for the year ended 31/03/2023
3. REVENUE
| Student Fee Donation |
2023 £ 56911 264 57175 |
|---|---|
4. ADMINISTRATIVE EXPENSES
| Classroom hire Teacher payment Books IT Other |
2023 £ 6400 26100 6337 1333 791 40961 |
|---|---|