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2023-06-30-accounts

Registered number: 13459249

MADINAH ACADEMY COMMUNITY TRUST DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

A Patel & Co Accountants Licensed by AAT - Reg. No. 1199 341 Derby Street Bolton BL3 6LR

Madinah Academy Community Trust Contents

Page
Company Information 1
Directors' Report 2
Accountants' Report 3
Profit and Loss Account 4
Balance Sheet 5—6
Notes to the Financial Statements 7—8
The following pages do not form part of the statutory accounts:
Trading Profit and Loss Account 9

Madinah Academy Community Trust Company Information For The Year Ended 30 June 2023

Directors Mr Ilyas Akujee
Mr Umar Faruk Pandor
Mr Zubair Seedat
Mr Farid Ahmad Timol
Company Number 13459249
Registered Office 19 Humphrey Road
Manchester
M16 9DD
Accountants A Patel & Co Accountants
Licensed by AAT - Reg. No. 1199
341 Derby Street
Bolton
BL3 6LR

Page 1

Madinah Academy Community Trust Company No. 13459249 Directors' Report For The Year Ended 30 June 2023

The directors present their report and the financial statements for the year ended 30 June 2023.

Directors

The directors who held office during the year were as follows:

Mr Ilyas Akujee

Mr Umar Faruk Pandor

Mr Zubair Seedat

Mr Farid Ahmad Timol

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors 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 directors 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 company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

On behalf of the board

Mr Ilyas Akujee

Director

30/03/2023

Page 2

Madinah Academy Community Trust Accountants' Report For The Year Ended 30 June 2023

In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this 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 Company and the Company's directors for our work or for this report.

You have acknowledged on the balance sheet as at year ended 30 June 2023 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Signed

30/03/2023

A Patel & Co Accountants Licensed by AAT - Reg. No. 1199 341 Derby Street Bolton BL3 6LR

Page 3

Madinah Academy Community Trust Profit and Loss Account For The Year Ended 30 June 2023

Notes
TURNOVER
GROSS PROFIT
Administrative expenses
OPERATING PROFIT AND PROFIT FOR THE
FINANCIAL YEAR		 2023
£
25,490
25,490
(17,619)
7,871		 2022
£
16,264
16,264
(8,970)
7,294

The notes on pages 7 to 8 form part of these financial statements.

Page 4

Madinah Academy Community Trust Balance Sheet As At 30 June 2023

Notes
FIXED ASSETS
Tangible Assets
4
CURRENT ASSETS
Cash at bank and in hand
Creditors: Amounts Falling Due Within
One Year
5
NET CURRENT ASSETS (LIABILITIES)
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
Profit and Loss Account
SHAREHOLDERS' FUNDS		 2023
£
£
269
269
15,586
15,586
(690)
14,896
15,165
15,165
15,165
15,165		 2023
£
£
269
269
15,586
15,586
(690)
14,896
15,165
15,165
15,165
15,165		 2022
£
£
317
317
7,667
7,667
(690)
6,977
7,294
7,294
7,294
7,294		 2022
£
£
317
317
7,667
7,667
(690)
6,977
7,294
7,294
7,294
7,294
269
14,896		 317
6,977
15,586
(690)		 7,667
(690)
15,165 7,294
15,165 7,294
15,165 7,294
15,165 7,294

Page 5

Madinah Academy Community Trust Balance Sheet (continued) As At 30 June 2023

For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

On behalf of the board

Mr Ilyas Akujee

Director

30/03/2023

The notes on pages 7 to 8 form part of these financial statements.

Page 6

Madinah Academy Community Trust Notes to the Financial Statements For The Year Ended 30 June 2023

1. General Information

Madinah Academy Community Trust is a private company, limited by shares, incorporated in England & Wales, registered number 13459249. The registered office is 19 Humphrey Road, Manchester, M16 9DD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment 15%

3. Average Number of Employees

0Average number of employees, including directors, during the year was: NIL (2022: NIL)

4. Tangible Assets

.
Tangible Assets
Computer
Equipment
£
Cost
As at 1 July 2022 422
As at 30 June 2023 422
...CONTINUED

Page 7

Madinah Academy Community Trust Notes to the Financial Statements (continued) For The Year Ended 30 June 2023

Depreciation
As at 1 July 2022
Provided during the period
As at 30 June 2023
Net Book Value
As at 30 June 2023
As at 1 July 2022
5.
Creditors: Amounts Falling Due Within One Year
Other creditors
6.
Share Capital		 2023
£
690
2023
£		 105
48
153
269
317
2022
£
690
2022
£

Page 8

Madinah Academy Community Trust Trading Profit and Loss Account For The Year Ended 30 June 2023

TURNOVER
Donations and legacies
GROSS PROFIT
Administrative Expenses
Voluntary costs
Books, Printing, postage and stationery
Depreciation of computer equipment
Sundries-Events
OPERATING PROFIT AND PROFIT FOR THE
FINANCIAL YEAR		 2023
£
£
25,490
25,490
17,291
94
-
234
(17,619)
7,871		 2023
£
£
25,490
25,490
17,291
94
-
234
(17,619)
7,871		 2022
£
£
16,264
16,264
8,175
-
105
690
(8,970)
7,294		 2022
£
£
16,264
16,264
8,175
-
105
690
(8,970)
7,294
7,871 7,294

Page 9