The Charity Regislr81ion Number is 1200935 Darul Hadis Latifiah Foundation Report and Accounts 31 August 2023
Darul Hadis Latifiah Foundation R•port and accounts for th• y•ar •nd•d 31 August 2023 Contents Pago Charfty Infomiatlon Trust8•5' Annual Report Statement of directors. re5ponsibilitlo5 Indep•nd8nt Exarninerfs Report Fund5 Statements.". sts*ment ol Financal Acliwties 12 Movement5 In funds 14 Revenue Funds 14 Income and EndIture accounl Summary of fund$ 15 14 8alanc• Jha•t 16 Notes to the a¢counts 18
Oarul Hadl• Latlflah Foundatlon Trustees. Annual Report for the year ended 31 August 2023 The Trustees present Iheir ReFxMt and AGGounts for Ihe year erNled 31 August 2023. Reference and admlnlstratlve detalls Th• charlty nam•. The legal name of the charity is.'_ Darul Hadis Latifiah Foundation. Thè charity is also known by its operating naffle, DARUL HADIS LATIFIAH FOUNDATION. The charfty's areas operation ond UK ch•ritJble registr•tion. Th8 charity is registered in England & Wales with Ihe Charity Commission in England & Wales ICCEWI with charity number 1200935. The charity does not operate in any overseasjurisdictions. Legalstructurn of th• Charlty The charity is consts'luted as a Charitable Incorporated Organisation ICIOI in England & Walès. The govèming docum8nt of th8 charity 15 the conslitution of the CIO as approved by the Charity Cornmission in England & Wales ICCEWI . The goveming document Is date(1 08 July 2022 There are no restrictions in the goveming documents on the operatron ol the Charity or on its investment powers other than those imposed by Charity Law. The trustees are all individuals.
Darul Hadis Latlfiah Foundatlon Trustees. Annual Report for the year ended 31 August 2023 The prlnclpal operatlng address, telephone number. email and web addrev4¢8 of th• eharlty 1 CORNWALL AVENUE LONDON, LONDON UNITED KINGDOM, E2 OHW Telephone 2089833663 Email Address badrul.islam@darulhadis.OTg.uk Web address vhvw.d8rulhadis.org.uk The Trustee$ in office on the date the report was approv were'.- Hafiz Maulana Md. Abdul Jali Maulana Muharnrnad Sh8hab Uddin Maulana Muharnrnad Hasan Chowdhury Mohammad Badrul Islam Muhammad Abdul Kalam GulaTn Jilani Mahbub Th? following persons served as Tru$tse$ during the year ended 31 August 2023 :. The ITUStees who served as a trustee in the reporting period were a5 shown above. 8nd the We no changes during the year, or In the period befften the year end and the approval of the arKounts. Hafiz Maulana Md. Abdul Jalil Maulana Muhammad Shehab Uddin Muharnmad Hasan Chowdhury Mohammad 8adrul Islam Muharnrrad Abdul Kalam Gulam Jilani Mahbub The following trustees are also members of Moh8mm8d B8drul Islarn - Al Majidi8h Trust Muhammad Hasan Chowdhury- Fultsli Foundation Inlernaty'onal Objects and activities of the charity The purposes of the charity as set out in its gov8rning document. To advance the education of the religiofi of Islam
Darul Hadis L*ifiah Foundation Trustees. Annual Report for the year ended 31 August 2023 The main a¢tivitles undertakon in rnlation to those purposes during tho ygar. To advance the education ol the pupils at Darul Hadis Latiliah IDHLI and other educational institutions throughout the country by PToviding and assisting in the provision ol facilities for educats'on at these educational institution5. The maln actlvltles undertaken during the year to fvrther the charltys pUoSe fi>r the public b8nafit. The advancement of the religion of Islam for the benefit of public In aeeordance with the tenets and doctnnes ol holy Quran and sunn8h of prophet Hadr8t Muh8mmad, in p8rticular but not 8xdusively by providing Islarnic Studies alongside a full Secondary School National Curriculum, producing and distributs'on of literature on Islam and through ihe establishment of mosque. The trustees have had regard to the Charily Commission'5 guidance on public benefit in rnanaging the activities of the chanty. The maln achlevements and performance of the charlty durlng the year. OeliVe secondary and further education classes lo approximatety 130 boys behyeen the age of 11 and 20 following the 8ritish Nabonal Cumculurn. Al least 14 pupils between the ages of 15 8nd 16 completed the GCSE nation81 exarns. At least 18 pupils belween the ages of 17 and 20 completed GCE A Level national exams.
Darul Hadls Latlflah Foundatlon Trustees. Annual Report for the year ended 31 August 2023 The difference the charlty s perfomiance during the year has made to the benefi¢iari•s of the charity. The charity has successfully delivered full-time secondary education to rnore than 130 young people behyeen the age of 11 and 20 culminating in their successful p8rtiupation in the public examinatOnS of GCSE and GCE 'A' Level. It has also successfully delivered part-tim8 Islamic 5tudies18aming programs lor more than 300 children beeen the age 016 and 16 years through an evening and weekend provision beneftting youn9 People across East London. Finally, the charity has successfully delived a summer school pro9ramme targ8ting young people between the ages of 6 and 20 years and benefitting more than 400 young people from across London and other p8rt5 of the United Kingdorn. The degree to whi¢h the •chievem•nt$ and performance during the year have benefited wider society. l our educational actimties a designed and deliVed in sponSe to expr85S8d ne8ds and asratIonS of Muslim families and chIldn for the provision of Islamic education delivered in an enwronmenl that is conducive their faith. StruGturei governance and management of th• charlty The methods used to recrult and appoint new charity trustees. By appointment only. Bankers Solicitors Lloyds Bank Plc, Branch.. Eastern, PO Box 1000, Andover, BX1 1 LT TV Edwards Solicitots LLP. 35-37 Mile End Road. London E1 4TP Architects SD Designs UK. 38 Fields Park Crescent, Romlord RM6 SAP Adam Joseph Chartered Surveyor5. 5th Floor, The George, 100 High Street London N14 68N Huq & Co, 18 New Road London E1 2AX Surveyors Accountants
Darul Hadis Latifiah Foundation Trustèes. Annual Report for the year ended 31 August 2023 Financial review The ¢harity5 fin•ncialposition at the end of tho ar ondod 31 August 2023 The financial position of the charity at 31 August 2023 and comparatives for the prior period, as more fully detsiled in the accounts. can be summarised as follows'.- 2023 2022 Net in¢orne 341.548 Unr88thCted Révenue Fund$ av8118Lle for the gener41 purp05e5 of the chonty Design4led Revenue Funds Tot•1 Unrn$irl¢t•dFund5 92.083 249.466 341,Y9 Total Funds 341.549 Financlal revlew of the position at the reporting date, 31 August 2023. erall. the year can be viewed in positive tems and, encouragingly, the outtum was irnproved on earty forecasts. This was a refiection of three rnain lactors.. a 51i9ht Increase In fee incorne over f0Cast, improvernents to donations and delivery of sevefal operating cost savings. As forecast. the pupil roll in the school remained relatively constant. though overall there was a minor reduction in numbers. The Govemors remain aware ol the sensitivities ol cost and continue to make every effort to rninimise fee increases in order to ratain parental confidenee and pupil numbers, while still delivenng a fitst-class pupil experience.
Darul Hadis Lallflah Foundatlon Trustees. Annual Report for the year ended 31 August 2023 Pollcles on resetves. Darul Hadis Latifiah Foundab"on aims to develop and maintsln a reserve that is conducts've to the development and delivery ol our primary objectives. The reserve funds thus cwted will be ulilised to support'DanJl Had15 Labfi8h School. with il's planned capitsl expenditures. Avallablllty and adequacy of assots of oach of the funds The board of trustees 15 5ati5fied that the charitys assets in each fund are available and adequate to fulfil its obliqations in respect of each fund. Details of The Indapendant Examiner SANJAR KHAN Member of CHARTERED CERTIFIED ACCOUNTANTS SUITE 16. THE LINK BUSINESS CENTRE TYLERS HOUSE, TYLERS AVENUE SOUTHEND-ON-SEA ESSEX SS12BB
Darul Hadis Latifiah Foundation Trustèes. Annual Report for the year ended 31 August 2023 Statement of Tru¥tee$' Responsibilities The charitys trustees are responsible for the pparation of the accounts in accordance wth th8 lemis of the Charities Act 2011 and the Charities IAccounts and Reports) Regulations 2008. No.standIng the explicit requirement in the extant stalulory wulations.the Charities IAccount and Reports) Regulations 2008, to prepare the financ4al statements in accordance wth the SORP 2005. in view of the fact that the SORP 2005 ha5 be8n withdrawn, the Truste85 deternined to interpret this responsibility as requiring them to follow current best praclice and prepare the accounts according to the FRS 102 SORP (Statement ol Recommended Practice for ACCOnting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 20191, (The SOIqPI, In parbcular, charity law requires the Trustees, if they prepare accounts on an accruals basis, lo ppa financial statements lor each financial year which give a true and lair view of the state of affair5 of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those finanoal statements the Trustees are required to :_ - to ppa the accounts in accordance wilh United Kingdom Generally Accepted Accounting Practi Iunited Kingdom Accounting Standards and applicable lawl. select suitable accounting poliues and apply them consistendy; make judgements and estimates that are 8$Onable and prudent., prepare the financial 5tatement5 on the going concern basis unles5 It ¢5 inappropnat8 to presurne that the charity will continue in bu51ness', stste whether applicable accounting standards and statements of recornmended practice have been followed, subject to any material departures disclosed and eMpl8ined in the financial ststements., The law qUIreS that the trustees must not approve the accounts unless they are satisfied that they give a tru8 and fair view of the state of affairs of the charity and of th8 surplus or deficit of the charity for the year. The Trusiees are also responsible lor maintaining adequate accounts'ng records which disclose with reasonable accuracy al any tirne the financial posltion of the charity and which a sufficient to show and explain the charitys transactions and enable ihern to 8nsur8 that the financial statements comply with gUlationS made under the Charities Act 2011. They are also re5pon51bl8 for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detecti of fraud and other irregularities. The Tws¢e8S 8re also responsible for the contents of the Trustees, report. and the statutory responsibility ol the Independent Examiner in relation to the Trustees, port is limited lo xarnining report and 8n5uring trat , on the face of the r8POrt, there are no rnatenal inconsistencies wilh the figures disclosed in the financial slalernents.
Darul Hadls Latlfiah Foundatlon Trustees. Annual Report for the year ended 31 Augusl 2023 This report was approved by the board of trustees on 14 May 2025. OHAMMAD BADRUL ISLAM Trustee
Darul Hadis Latifiah Foundation R•port of Ihe Independent Examiner to th? Tru•tee¥ of the charity on the account• for the nded 31 August 2023 l Teport to the Trustees on my examination of the finanaal 5tsteThnts of the charity on pages 12 10 33 for the year ended 31 August 2023 which have been prepared In accordance wth the Chaniies Act 2011 (the Act) and wth the Financial Reporting Standard 102, leffective 1st January 20161 as rwdified by FRS 102 SORP ISlernenl of ReCoMnded Practice for Accounting 8nd Reporting by Ch8riti8812019, 8pty1c8b trj all8cn1lr& period8 ginning on or aftvr 1st January 20191, (The SORPI, published by the Chanty Comrnission in England & Wales ICCEWI, anLI under the hi51wcal cost convention 8nd the sccounling pdiue5 Set ujt on page 18. Re¥po¢tlve rospon¥lbllltl•B of th• Tru•ts•s and th• Ind•pendent Éxamln•r and th• ba•li of th• report As described on page 7. you. the charitys TNst8es. are respon&b for the preparation of the finanoal stat8Thnts in accofdanee with the Chanlies Act 2011 and all Olher appl1rAblaW and Trmlh United Kingd(xn Generally AccÈpted Accounting Practice. applicable to smaller entib'es, 8nd for being satisfied that th8 financial slatem8nts giv8 a tru8 and fairview. The Trustees consider that ltte audit requirement of Sethon 144111 of the Charities Afa 2011 (the Adl dces nct apply, and that Ih8re is no requirement in Ihe Goveming Documeni for the conduthng of an audit. As a nsequenGe. the Trustees have elected that the finana81 stalernents be suect to Independent examinsbon. Having tIsfied myself that the financaal Statents are not requir•Y to be altsd unoer any legal provi%M, or DtherSe. and are digible fcr independent examination, it is my re¥onsibility to'.- al examine th8 finanuol statements of the Charity untler Section 145 of the Ac( bl followthe appli(ble prLKedures in the Direction5 siven by the Charity Ccrnml55n under secbcn 1451Sllbl of the Act. Basis of Ind•pendent Examln•f8 Ststement and seopa of work und•rtak•n Since the charity's gross income exc8eded £250,rm. the chantys examiner mu51 bE a rnernberof li5104 in 5ectiN 145 of the Act. I confirrn that l arn qualified lo undertake the examinatson b8cause l am an authorised member of CHARTERED CERTIFIED ACCOUNTANTS. whith is one of the li51ed b¢xlie5_ I report In Spect of my examinat of the charws financial statements carried out under 5145 of the Act In carrwng out rny eyarninalion. I hav8 followad all Ihe applicabl8 Directions given by the Charity commissi undar seciiM 14515llbl of the Ad setting out the duties of an independent exaffliner in relalion to the conducting of an independent exarnin31ion. An independent examination Indudes a review of the accounting record5 kept by the chanty and of the accounting systems employed by the chariiy and a comparison of the finanttal stsiements esenled wth those recvds It also indudes consideration of any unusual Items cr dixlosures in the financial 5tsternents. and seeking explanations frcth you, as Tru81ees, conceming such matters. The purpose of the exarninatlon 15 to eslablish a5 far as possible that the have been no breaches of charity legislation and that. on a lesl basis of 8vidence r8levant to the amounts and di$do$ures maoe. the finan¢ial slaiemenis ¢omply ¥Mth the SORP.
Darul Hadis Latifiah Foundatlon The Pfocedure5 undert8ken do Trot prowde all the evidence that Uld be required in an audit, and information supplied by the Trusiees Ihe course of the exarninatst is not subjected to audit tests or enquiries and does not cover all the rnatters that an auditorwould consider in arriving at an opinion. The planning and conduct of an audit goes b8yond the Iirnited 8ssJranc8 that an Ind8pendenl examination can proviée Consequenlty. I do not express an 8udit opini(m on thÈ view given bythe finanry81 stalernents. and in p8FtioJl8r, I express no cpinion as lo wheih&r the financial statements give a true and fair view of the affairs of the charity, and 18 limited tts the rnalter5 set out In the 5tatem8ni telow. I planned and perfomied my 8xAminatK)n so as 10 satisfy rny5eWthBt the cèj8cliv8s of the ind8P6ndenl examination are achievad and befor8 finalising Ihe report l obtsined tten 8s8urances trom Ihe Trustee$ ol oll malerial maflers. Ind•pend•nt ExamIn•# Stat•m•nt, R•port and Oplnlon Subject to the 11mrtatns Up the scope of rny as detailed above. I have ¢Oryle my examinaiion.. and can confirm th81'.- The gr055 incorne of the charity in the yèar ended 31 August 2023 appears to axceed the sum specified In S8Clion 145131 of th8 Ac( namely£250000. and that l am qu81ified 10 8Ct 88 IndepEndent Examiner in accordance %sith that sectitsn by virtue cf my bwng a qualified member of CHARTERED CERTIFIED ACCOUNTANTS.. Th15 15 a report In respect ol an examinatson Garried out under 145 of the Act and In ar%danCe wth Directions given by the Charity Commission Urer section 14515Xbl of Act whith may be applicable,. and Ihat no rnaleri81 rnatters have ujme to my a¢tenbon In Connect with the examination gi¥Ang me cause lo bdieve that in any material respect.. aGcovnting records ware not kept In respéct of ttTe Gh3rity a5 required by Secth)n 130 of The Chanties Act 2011., the finanraal ststeftnts do nol accord %sith those r8cord8,' or the finanoal statements do not comply wth Ihe applicable requirement5 concerning the form and eonl8nl of accounts sel out In the Charibes IAccoJnls and Reports) Regulations 2008 other Ihan any requirement that the a¢c4)unts give a and fairf view, which 1$ no¢ a matter conydered as part of an Independent examination., hav8 not pPared in accordanca ilh th8 methods and prinoples set out in the FRS 102 SORP (Statement of Recommended Pracbce for Accounting and Reporting by Charities) 2019, appliuble lo &1 8Ctountsng periads beginning on er after 1st January 20191, (The SORPI.
Darul Hadls Latlflah Foundation I have no cOnrn$ and have come across no other rnatters in connection with the examination to which attention should be drawn in this report in order to enats a proper un(lerstanding ol the financ5al statements to be reached. Slgnod:. SANJAR KHAN- Independent Examiner CHARTERED CERTIFIED ACCOUNTANTS SUITE 16. THE LINK 8USINESS CENTRE TYLERS HOUSE, ryLERS AVENUE SOUTHEND-ON-SEA ESSEX SS128B This report was signed on 19 May 2025
Darul Hadls Latlflah Foundation - Statement of Financial Activities for tho year ended 31 August 2023 Statement of Financial Activities for the year ended 31 August 2023 SORP Curr8nt yoai Unmtricted Furbds Currentyear Rfrslrl¢tgd Funds ryent year Total Funds 2023 2023 2023 Income & Endowments from: Donations & Legacies Charitable adivities Investrnents A1 114,110 395.854 114,110 305,864 Total Incom• 509.977 609.977 Expgndlturn on: Raising hjnds Charrtable activities 81 B2 12,Cfj6 405.829 12,066 405,829 Totsl expenditur• 417,896 417,896 Nèt income for the year 92,082 92,082 TTrnsler8 b•tween fund$ 249.466 249.466 Net Incomè aftèr transfers A-B4 341,648 341,648 Not movement In fund$ 341.$48 341.548 Reconclllatlon of funds'.- Totsl funds carrSed forward 341,648 341.$48 The'SORP Ref Indicated above Is the classification of income set out In the fom)al SORP doGument5. A5 required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agd to the Balance Sheet. A separate Slatetr*nt of Total Recognised Gains and Losses is not required as this Stalernent indudes 811 recognised 9ains and 1055es. All prior year transactions We unrestricted ilerns, and no further analysis Is required All artivilies derive from continuing operations The notes attached on pages 18 to 33 fomi an integral part of those accounts. Tho notgs attached on pages 18 to 33 fomi an Integral part of these accounts. 12
Darul Hadls Latlfiah Foundation - Statement of Financial Activities for the year ended 31 August 2023 Darul Hadls Latifiah Foundation - Resources applied in the year ended 31 August 2023 towards flxed a*sets for Charfty use:. 2023 Funds generated in the year as detailed in the SOFA Re&thJrt8s applied fx) functional fixed asset5 Other plea5 of funds 1207.6701 Net resources available to fund charitable activlti•s 207,670 The notes attaeh•d on pages 18 to 33 fonn an integral part of the•e accounts. 13
Darul Hadis Latifiah Foundation - Slatement of Flnancial Activities for the year ended 31 August 2023 Movements In revenue and capital funds for the year ended 31 August 2023 R•v•nue a¢¢umulat•d funds UnrvAtrfct•d Funds 2023 Rutrf¢t•d Total Fund• 2023 Funds 2023 Recognised gains and losses berr8 tSfer5 92,082 92,082 92.082 92,082 (From0 un¥eslricted revenue funds 249,466 249,466 Closing rnTenue fund 341,548 341,548 D•slgnated rnv•nu• fvnds Included wlthln the unrnstrl¢t•d lund¥ abo Total Fundo 2023 Al 1 Seplember Transfer Itoyfrom revenue 8ccumulated funds 249,486 At 31 Au9USt 249.466 Tha wrp)ses fu vthich these funds have be designated are descnbed in Note 23 to the acctyjnts. Summary of lunds UnM•trfct•d R•ilrl¢l•d Tot•1 •n Fund¥ Fund* Oe•lgD•led lundB 2023 2023 23 Revenue accumulated fvnds Revenue designated fund$ 92,082 249.466 92,082 249.486 Total fund& 341.548 341,548 The not•s attaeh•d on pages 18 to 33 lorm an Integral part of theso aeeounts. 14
Darul Hadis Latifiah Foundatlon - Statement of Financlal ActlvStles for the year ended 31 August 2023 Darul Hadis Latifiah Foundatlon Incom8 and Expendlture Account for the year ended 31 August 2023 as rgqulred by the Companiès Act 2006 2023 Income Income from operdtion5 509,974 Invesim8nt inGome Interesl receivable Grws incorne ln th• y•ar b•forn •xuptlonal It•ms $09,977 Gross incorn• In th• year Ineludlng •xupWonal ltsrn• 509,977 Exyndityre Charitsb 8XP8ndltu. excludiry depreciaticn and smo$all0 DepreGIat0n and amorbsation Fundraising costs )vernanGe costs Re81i58d105s8s on diswjsals of Social investments whKh ar8 programrne reL4ted 402,729 2,500 12.066 Total expendlture in the year 417,895 Net Incom• before tsx In the ffin•n¢ial year 92,082 Tax on 5UTpIu5 cn ordinary actiwties Nat incorn• aft•r tax in th• lfjnanclal year 92.082 Rètslnèd ¥urplus for the financlal •1 92,082 acD'*its'es derive from continuing operations In accordance with the prowsions of the Companie5 Acl 2006. the heading8 and subh8ading5 used in the Incne and Expenditure accrxjni have been adapted lo reneci the Special nature of the charity's acliwtses. The noleg attached on pages 18 to 33 forni an Integral part of these accounts. 15
Darul Hadis Latifiah Foundation - Balance Sheet as at 31 SORP Note R•f 2023 Flx¢d •s•t• Tangible assets 205,170 Current assets Debtors Cash at bank and in hand 11 82 4D,425 120.599 Total curr•nt assat• 161,024 Cr•ditors- 4mount8 falling duo wlthln one yoar 12 C1 17,7651 Net ¢urrènt as#¢ts 153,259 358,429 Net •55ets Credrtors". arnounls falling due 3ft8r rnor8 than one year 13 C2 116,8811 Th¢ to¢•1 n•1 •ssts of the ¢h•ty 341,548 The total n•t ass•ts olthe charlty are fundod by the funds of the charfty. as follows... R•5tricled funds unr•St¢t•d Fund$ Unrestricted Revenue Funds 20 D3 92,082 92.082 Designated Funds Designated Revenue Funds 20 D3 249.466 249.466 341,$48 Total charbty funds The'SORP R8f indica18d above is th8 classification of Balance Sh88t it8ms as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP. the brought forwaré and ¢amed forward fun¢Js above have been agreed lo the SOFA.. The Tru5tee5 acknowledge the4r re5ponsibililies for cornplwng with the qUirements of tharily legislation with respect to accouFTrliog recor(Is and the preparation of accounts. The charity 1$ subject to Independent Exorninalion under tha¥ty legIslatn. and the rèport of the Independent Examin8r is on page 11. 16
Darul Hadls Latiflah Foundation Balance Sheet as at 31 The Trustees are satisfied th8t, although the charity is not r8gisler8d under the Cornpanies Acts. if It were so giStered. Il would be eligible lo Prepa acmunts in accoréance with the provisions in Part 15 of the Companies Act 2006. applicable lo companies subject to the small companies regime. AMMAO BADRUL ISLAM Trustee Approved by the board of trustees on 14 May 2025 The notes attached on pages 18 10 33 lomi •n IntegMI p•rt otthes¢ •¢¢ounts.
Darul Hadls Latlflah Foundatlon Notes to the Accounts for the ygar ond•d 31 August 2023 1 Accountlng pollcles Polici85 relatlng to the productlon olthe accounts. Basls of preparztion and aGGountlng Gorwentlon The accounts have been prepared on the acuuals basis. under the histerical cost ¢VentIOn, and in a¢dance th the Financial Repothng sndard 102. leff8cli¥e 1st January 20161 and'FRS 102 SORP (Slalement of Rewrnmended Practice for Accounting and Reporting by Charities) 2019. applicable to all accounting pen{8 beginning on after 1st January 20191, Ifhe SORPI, pu1$ed by the Charity crnI551On in England & Wales ICCEWI and in accordance wlh all aptAi¢able18w in th8 th8rity's iurisdiciion of r8gislralion. except that the charity has prepared the finanaal stalernEnls in accardance wth IhE FRS 102 SORP Islalemenl of Reccmmended Pwtice for Accounting and Rewting by Charities) 2019. applicoble to all accounting pBri(xJs twinning on or after 181 January 20191. IThe SORPI. In preference lo the prewious SORP. the SORP 2005. wthich ha5 been wthdrawn. noNMthslanding the fact that ihe ean1 siaiutory regulations, the ChaDties (Accounis and Rerortsl Regulations 2008 refer expliciuy to the SORP 2005. Thi5 has been done lo accord CLwrenl best pracbce. Judgement has en made to e&ts"male the usefvl econcmic lrfe of the tangitde assats. Golnq Concwn charitsb activities are enbrety dependent on ccnlinuing grant aid and voluntsry donations as well as trdding revenu. A5 a consequenc8. the going Concern basis is dependent on the future flow of these uncertain funding Streams. Accordingly. the Trusiees have obtained fiJreEasts and. after reviewing f1nanual f0Cast$ f<x future penjS lo 31 August 2024, the Trusl8es are satssfi8d th81, ai the time ef approwng the financial statements, it is appropnale to adopt the going concern basis in preparing the financial slaEements Other than these matters, the Trustees are not aware of any rnatenal uncertainties atojl the chantys ability lo continue as a going concern. Rlsks and fvture assumptlons Th& chaty is 8 wblic benèfit enbty. Rlsk18 usually managed by m•ans of a cycle of Id•b)111Scatlon. quallflcatlon. manayment and fevlew Pollcles relatlffw to cjteqorles of Income and Income renItIOn. •Te of incorn• Gross Income represents the value, nel of value aéded tax and discounts. of goods provided to cust¢er5 and work carried out in respect of servKes provided lo oJslomers. Intome 15 cale9Dnsed as Incornp from exchange Iransaclions IGontrad Income) and In(xJme Irom non-exthange transactK)ns Igiftsl, investsnenl Incorne and other Income. Incom• from oxchange transactfjons Is received by the chanty for g(N)d8 or 8ervice8 8uppli8d under contract or where enlillement 15 subied lo fulfilling pertorrnance related crmdilions. The inccrne the charity receNe5 15 approximately 8qual In value lo th8 goods or seNces supplied by the charity lo the purchaser. Income from a non-•xchan90 transaction is wthere the charity receives value from the donor wthout prwding egual value In exchange, and includes donabons of money, goods ar semces freely given lthOu1 gi?n9 equal value In exchange. 18
Darul Hadls Latlflah Foundatlon Notes to the Accounts for the year ended 31 August 2023 rewgnlJon Income. wthetherfrorn exchange or non exchaThJe Irans8Ctiens, Is recognised in the statement of fin8naal 8Ctivitie5 ISOFAI on a r8C8iwabl8 ba&is. when a transaction or other event results an intrease in the thariws assèts ora reduction In 115 Iiabililie5 and Only when the chority has leg81 entsUernl, the Income is probable and cen measured reliably. Dmdends are 8ccNed %4fien the shar8hc4dar's rigm to recve payment Is establi$h8d. Income subject to terms and conditions %thich musl met before the charty is 8nlitled lo the resources is nc4 recognised unbl the condibcns have been met. l intAxn& is a¢counW for gr055. before deducting any related fe85 or cc6ts. Accountlng lor d•feYr•d Incom• and Incom r•¢tl¥ed ad¥ant• Where term8 and condit.ons relating to inc4xne have noi bew tnel or uncerlointy eKsts as lo whether thé charity can FneEI any lerrn5 or conditi5 olheThvi5e within it5 contr&. incorne is not reco3ni5ed but is deferred a5 a liability unlil it Is probable that the tems or condiknons Imws8d can ba rrftt. Anygrani thai is subjetl to wfomance-reled Gonditions reGeived in athfanGe of delwering thp gw1$ and se$ requirtrd by thai tondition. or is ¥ubiect to unrnet conLlition5 whdly outside the control cf the rlent charity. accounted for a5 a liability and shown on the balance sheet a5 defwred income. Deferred ine is released to Incorne in the repoltsng pericrfj in ich the Ferformance-rd8ted or other conditior6 that limit reeojnilion are rnet. When Inccthe froffl a grant or (on8lion h8s not been recognised du8 to th8 conditsons appn9 to the gift not being wholly Wlhin the eonirol ofthÈ recipiènt charity, Il is di5Glosed a5 a ¢gent a55el if receipt ofihe granl or donation Is probatle once those conditsorts a rnet. Where time related condition5 are imposed or Implied by 8 fuThYer. then the Ino)me is appothoned lo the lime r$ concerned. and. where applicable, is accounted for as a liability and shown on the balance sheet as elerred income. When granis ar8 r8cèi¥8d In advan of the expenditure on thé actwty funded by them, bul thére are no specific time related Gondilions. then Ihe Income is not deferred. Any condilicn that all¥$ for the recovery by the donor of any unexpEnded part of a granl does rrf)t prevenl re¢(xJnilion of the InCe concemed. but 4 liabilty to any repayment is recognised when repayment becorne5 obgble. Polkhs r•latlng to •xpèndltur• on gootts andsorvkgs provldod lo th• rharlty. R•¢ognltlon of Ilabllltlm and Expendlliire A liatslity. and the related expenditure. 15 recognised when a lepl or crfftslwclive obligation sts as a re5t of a past evenl. and when Il Is more likely than not that a transfer of economic banefits wll be r8qUifed In settlernenl. 8n¢J when the amthjnl of th? oblig81ion can be rneasured ar reliably esbmaled.. abilities arising from future funding commitrnenls and construuive obligations, Induding performanf related grants, %Ylwe the timing or the amount of the future expenditure 10 settle the oN1gaI are uncertain. qive rise lo a proS1on in the accounts, ¥Yhich is rewewed at the arcountsng year end. The provision Is Increased to reflect any increases In liabilitie5. and 15 decsSed by the ublisation of any prsn wlhin the perDJ, and reversed If any kxovi5ion is no Iwger required. These movements are chargeé or credited lo Ihe r8sr*thve funds and actiwti88 lo wthich the pro¥Asion lates. 19
Darul Hadis Latifiah Foundation Notes to thg kcounts for the yoar endfjd 31 August 2023 Policies relating to assets, li•bilities •ndprowsion$ •nd other malters. Tan#lble fixed •ssets Tangible fixed asse15 are measured at their original c051 value. or subsequent reWdIuati(. or Ifdonaied, as described above. C05t V8lue include5 all cos15 e¥pend&Y in bringing the asset into its intended vK)rknng conditirffi. Oet*ec18tion has teen prowded at the fdlvmng fat88 in order lo write off the asse15 to thr anticipaied residual walue over Ihelr estimated useful lives. Freeho premises O % straight line qnt and rnackwnery 15 % reduThrv4 A regular annual rewew of thp Iikellh(KKI of a$$et Impaimenl is undertaken. Sto$ ind work in progress SlrKk is valued at Ihe loknEr of c05t and net reall58b VUe. Debtors Debtors are measured at their r8crr4erable amounts al the balance sheet dale. Cash and bank balan Cash held by the charity is Included al the amount actually held and counted al the year end. Bank balartts, wh&th8r in credit or ov8rdra¥w, are sh(Mn at the amounts woparty r8conaled to the bank 818temenls. P•n¥ion8- d•fined b•n•fit ¥ch•m• Th8 charity cparales a (lefinad benafil nSIon scherna. Contributscns are charged to Ihe profil and1055 account and liabilities qre 8ccounled for in accordance with the prinukles sel Vul in rn(xlule 17 tsf thè SORP. Fund Aeeountlng Unrestricted funds are avaik4ble far use ol Ihe dis(xetK)n of Ihe twstees in further8nce of th8 gener81 obiecli¥e5 of the charity. No lund 15 althqled for any desnated actwrty. The tharity does nol have any unrestricted furKJ. There are no enrtwnenl fund5. 20
Darul Hadis Latrfiah Foundation Notes to the Accounts for tho year ended 31 August 2023 2 Llablllty to taxatlon The Trustee5 con51der that the charity satisfies thé ie5ts set out in Paragraph 1 Schedul8 6 of th8 Finance Act 2Q10 for UK eLryralion tax Kxjrwses Accordingly, the Ch8Trty is wtenlially exempt frorn laK4tion In respect of income or Gapital gains received within categories covered by chapter 3 part 11 of the CorporabM Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of chanty and for no other purpose. Value Added Tax Is not receverable by the harity. and is therefore 1ncknded in Lh8 relevant costs in Ihe St8tement of Financial Activiti88. 3 ndIng up or dlssolutlon of the charlty If upon winding up or dissolution of the charity there remain any assets, arter thE 5at15faction ol all deb15 and 118bililies. the 355els rewe5enled by the accumulated fund shall bE tran$ferre(J lo scffie olher charita8 bc4y or b(xlie$ having sirnil8r obixts lo the chanty. 4 significan of financial instruments to th• eh3rity5 PltIOn There is no finanaal instrument in¥d¥ed. 5 N•t surplu5 belore tax In th• financlal y•ar 2023 surplus tefore lax in the finanoal year 15 Stated after charging.'- Deweo81ion cf owned fixed asse15 Pen510n costs 2,500 2,170 6 Staff costs and emolument• Salary costs 2023 Ernployer'5 National Insurance for all Employers contnbulion lo d8finÉd benefit perJn schem88 5,991 2.170 Total #alarfm. w•gu •nd r•tht•d costs ,161 umbers of full tim• ernployees orfull tlm• equlvalents 2023 ¥ver8ge number of total $18ff 8m in the yearw05 27 The average number of part time Stsff in the yearw88 The average number of full tim8 staff ampl0d In Ihe year was 16 11 The ulim•ted•quiv•lentnumlwof lull time staff deployed in differ•nt Ktivitiu in the year was... Eryaged an fundraising activities Engaged cn management and administraticn 24 The estlmat8d fvll dme 8qulvalent number tsf all st•ff ¢Moyed as above 21
Darul Hadis Latifiah Foundatlon Notes to the kcounts for the year ended 31 August 2023 Neither the trustees nor any persons cannected %ith Ihern have rec•v8d any r8muneralion from the charity c¢ any relaled enbty. eilher In the current or pn year. No empwees reved emoluments (excluding pensth ¢05151 in esS of£60.000 per annum. Th• p•nslon delall of such hlghwp•ld slJifwern :. Numl)8rs ofsuch stsff lo whthw beneffts •ccnrftsg :. Under defir bEnefits pension s¢hernes 11 Hlghest employee Th8 r8rnuneralion in the year year was Pension contributions paid by the employer 31,461 820 Tot•1 remunerniion pJck•ge inrludodin lotsl salarl•s abovo 32,281 7 D•flned benefit penslon 8chem• charity operates a defid ban1 pen4on sGherne, and the conlributs'en5 charged in the SOFA in Ihe year are Sh abovt. CCffjrnrn8ts under the scheme for the year ahead are shw in note 14 Any Iiabilits88 and 888&ts a$w¥ted *ith the scherne qre shovm under debtors and eredilus. 8 R•mun•ratlon and paym•nts to Trustèes and pgrson$ connected wlth them No tru5tee5 w persons connected wth them recei1 any remuneralion friyn the Gharily. ry any rdaled ents'ty. 22
Darul Hadls Latlflah Foundation Notès to tho Accounts for the year •nd•d 31 August 2023 9 Tanglbl• flx8d ass•t8 Cimnl Y•ar Land 4nd Bulldlngs PINnt & Machlnery V•hichs Total Coot Additi8 191.OtNJ 16.670 207.670 At 31 August 2023 191.OOD 16,670 207,670 D•preclallon Charge fcr the year 2,$00 At 31 Au9U8t 2023 2,500 2.500 N•t book valu• At 31 Auqu8t 2023 191.000 14.170 205.170 Prlor Y•ar Land and Bulldlng# Plant & Machln•ry Motof Total 10 Inv•stment pooling schernes and arrnngernents There ts no invesknenl puoling schemes and arangem8nt5 in place 11 Debtors 2023 Trade debtors 40,425 12 Cr•dltDrs: amouFth falllng due within one year 2023 AccnJals PAYE, NIC VAT and other ta Other creditor5 4,670 562 2.533 7,765 23
Darul Hadis Latifiah Foundation Notes to the Accounts for the year ended 31 August 2023 13 Creditors.. amounts falling due after one year 20rJ Ottw credi¢oF5 16.881 14 Pension comrnitrnents 2023 PensiorTr commilrnen15 under defined bwefiVdefin8d contribution scher Ihin on8 yr wthin iwo lo five years in overfive yea 2.200 8.000 11.000 22,000 15 Contractual capllal commltm•nts 2023 At the finanaal year end. the chanty had enlered into contractual commitments to acqui tawible fixed a55els for the arroJnt5 shown. The amwnts have not been wowded in the accounts. 16 Inttimo and Exponditure account summary 2023 At 1 S•o•mhr 2022 Transfers in forthe year Surplu8 aftertax for the year 249,486 92,082 At 31 August 2023 341.548 17 Post balane• sh•ét év•nts The charity ha8 und•rtaken a developm¢n¢ prol¢¢¢ to in¢rt•s¢ th¢ of S¢udEnL The prol¢¢¢ si•rt*d 18 No related party transaction> Trre were no transactions wth rdaled parties in the year. 24
Darul Hadls Latlflah Foundatlon Notes to the Accounts for the year ended 31 August 2023 19 Particulars of how particular funds ar• r•pr•s•ntéd by ass•ts and Ilabllrtl•s At 31 August 2023 Unr•trtet•d RMtrfct•d Total funds fund• Fund¥ Tangibl8 Fixed A888t8 Cvlrent Asse15 Current LiabilitJ88 205.170 161.024 17.76S1 116.8811 205,170 161,024 17.7851 L(ry Temi Liabilities 341,541 341,548 At 1 S•pt•mber 1022 urtrIct+d DMIqMt•d funds R•trfcted Tcdal fund¥ fund Fund¥ Culrenl Assets 20 Change In total funds over th& year a• shown In Note 19 , anatysed by Indlvldual funds Funds brouuht f•emEnt in Fvnd lorward from fund• In 2023 bettln carrfed 7011 fvnd• In IlJ23 lorw•rd to 2024 S•• Il•1• 21 S•• Not 22 UnrEStricted anddesign•ledlunds.'. Unr8slricled Revenue Funds 92,082 92,082 249,466 De5igned Revenue Funds 249.466 Tot41 unr•strl¢t•d and deslgnated funds 92,082 249,466 341,548 TDtsI charfty funds 92,082 249,466 341.Y8 25
Darul Hadis Latifiah Foundation Notes to the Accounts for the year ended 31 August 2023 21 Analysis of movements in funds over the year as shown in Note 20 Other Los8e¥ ZD23 in fund¥ 2023 20ZJ 2023 Unr•slrfctod•nddesi9natedlunds.". Unr8Stricted Re¥ue Funds 509,977 1417.8951 92,082 417,895 92.082 Gains and bsse8 are detailed in notes 0,0, 0, 0 and O 22 D•tslls of transfers between funds In th• Th8 trnnsfers Shown in note ZO above •r•.'_ 2022 Tollfroml DepAwated Revenue Funds 249,486 Net lrnn¥f 249,466 23 Th• purpos•s for whleh thè lunds as Unffestri¢ted•nd deslgnated nds... These funds are held f the rneeling the obiectrves of the charity, and to provide reserves for future actiwlie5. and. subiecl 10 charity legislaiion. are from all restriction8 on I1r use. Unrts$tri¢t2d Revenue FurK15 Rostrfcted fvn¢l5.'. 26
Darul Hadls Latlfiah Foundatlon D•tailqd anal1 of income and eApendlturn for the areTrded 31 August 2023 r•qulr•d byth• SORP 2015 Th18 natysl# 18 ¢1•18$lhdby conventthinOrnlnildeIGrIPtloffls and nol by activlty. Donatlons, Grants and L•9[g$ CWV•nt CuTh•M y•4r Curr•nt yur R4trfd•d Fund Fd 2•2J IDIJ 2DZJ Oontlon and gmfrom Inddul Srnqll Indmduaty Lsss than £1000 $2.710 52.710 tsr 61.4 81.4 Tot•1 d¢rt hd offt from Indlyldui Tot•1 Donations. Grnnts and L•gacie¥ Totsi Don8iion¥, Legacies 1141111 2$ It)¢om• from ch•ltabl• ¥Gllvlllq. Trtdlng Act4vld• urr¥nt>w¥r CuTrqnty•w cky•v R•stnct•J Trlal Fund Fund Funoy 20tJ prtmary puVPOM ind nelllrytradlnq SdErtif 39S.864 J4SO04 Totsl PrirnvypurpDM 4nciltsry tr¥dlftg 385.064 39S,864 26 kncarn•from Eh•rltsbl• xti¥4t Curr•rA>Wt ¢wr4rrty•w Cwibrty••i Tolal Fund Fud 202J Z023 T1 1nrxxekn tradiry J•S,964 Tot41 from ¢htab I¢¥•# 395,1 J*s,I
Darul Hadls L4tMlah Foundatlon D•t¥ll•d an#1 of It)¢om• and •xp•ndltuv• th• y••r•nd•d 31 •AJgv•t 2023 rnqulred bytho SOAP 201S 27 InveBtment Inc0 TD FuDd• Funth Funts onk Intertsl fle¢¥Ab T&1 kn¥Mbn•nt In¢oM• 28 Exp•ndltur• on ¢harft•bl• •thhl•ffj- Charftabl• tr•dlng nNI¢td R•strtÈtthl TollFun Fund Fun Yw Rfj¥lkKJlfjd Irryn 41S.8B6 414886 TDtal clItabh1F colts 8lb 41IU6 415,186 29 Exp•ndltur• on charttabl• a¢ll¥•1- Grath fvndSn9 01 ae1b¥l•1 Currqm CuTh•rtrnr RMtri¢t•d Trrt•l Fund Fur UnMtri¢t•d Fund¥ Cuffent Y•ar 23 D(*)&b Totsl gr¥Thtffllng Eas
Darul Hadis Latifiah Foundatlon Oaialled an•lyYls ol Income and eXpendIre lar the wirended 31 Augut 2D23 l•qui1 tyth• S¢XP 2015 30 Support ¢O•ts lor cb•ltabl• aCtItI•l ¢L•tl CuTh•nty•ar Curp•nty•ar A•bbEtsd T•W Funds CvThenl Y Fund Efftployeq costs notlnc1sthI dlre¢t¢o8ts Empby8ry' Nl- Rttharged salaries Defineij benefit pension costs- Other saeS Tr8iniry and 818- $iaff Teacher&, salary Recrvitmeni expenses supp staff 5.991 2.170 2.170 2.2D7 237.091 2.1È8 2.2Q7 2J7.091 2,1fjB PrqmisBs Exp•n¥Bx Rates an( YKdler charges Light heat and power Cleaning and waste management Premises repairs. renBYrdls alld maintenance Property Insurance Security 17.362 13.885 3.091 17,362 13.085 3,091 13. 13.998 1.79) 2.59) Admlnistratlve T818Pttone. fax and Iniem seand Subscriptions In5P2Ction fee Cornpuler acceswes & 80fvre Advertising and m8rteti LiatrAIty and contents Insurance Sundryexpenses Slvdenl $T0 PIDtor cost Tnps & oubrys Meeting & seminars Books & educati m6ri CcK}sum8& Examination fe 9.188 1.379 4.540 621 12.066 9.148 1,379 621 12,011 11,591 3S1 3SI 130 640 8.095 $,095 3,5fj9 2.469 1.624 2.469 1,624 Profvsslon•lf0•5 pald to advlsors o#R•r th• altOr•rnInW countanty 1888 Othér tha emminaiion or audit fees Legal foe$ Olh8r189al and prolastsional 763 11.3D4 7fj3 11.JQ4
D•rul H•dls La¢lfl•h Foundauon Delalled analpls of incorne and •xpendlture for lh• •nded JI I9u1 2023 a r•4tslMd byth• SORP 2015 Fin•nci•l costs Bank charges 0eprecial1L & Amortisalivn in total far Support co•ts b•lore rn•1lot1Un 41fj,695 41469$ To chantsble trading C18 To of raising lund8 {41S.8861 112.0661 1413,1801 {1Z,U661 Total support co•t•.Cuwrent Year {11,75n The oIAIoc4Uon btheèn AcU¥rtleB h dakL)Ibod uTrJer AcrthJnthw Ith• •wdiiumin t prrtir)•Arwaè uiirth¢i4d. 31 Olh•r Exp•ndltur•. G0v•rnan ¢1¥ Unr•Blrfct•d R•Blrfthd Fur FuDd¥ Tr CwTenl Yw 2013 Independent Ey4rninef8 fee¥ Tatl Gbvrthnt•<oi loo 32 Tolal CharitabJ• expenditurn Cuff•nt Y••r Fund FL& 2013 2D3J Toial chantable Ir8diry costs TotBI grdnlmakino costs Total supwrt Cn51s Total Governance costs B2b B2c B2d 82• 415,8a6 415.880 {11,257) B2 40$129 33 Exp•ndrtur• on valilt)g lund• and ¢oit• olln¥a•tm•rt manag•m•nt GurrryTrl ywr Ur1n6cd Mutri¢tsd FL&id¥ Funds Sund Cumnt Y•ar 202) 2023 t]rn gupport casts 12,1 12,086 Total fundrnixin9 castx 12,006 12,006
Darul Hadls Latlflah Foundatlon Aetivity ana513 of Income and •xp8nditur• tor the for the year ended 31 August 2023 This aftalysls Is classs1fi by actlvty andnol by conventional nominJl descriptions. 34 An•lysis of income by activity SOFA r•f 2023 Mty Incorn• from charitabl• actrviti•s Primqry wrFose and anCilry tradingl 395.864 Summary of fotal income, including the item5 above Charitable activities Donalions & Legaaas Investment income 395.864 A1 Total Incomé a# hom In tho SOFA 509,9TI Income from exchange Iransacticfis 509,977 35 Analysi8 of charitable expenditure by actiNrity Aetlvlty Olrect costs Support costs Grant funding of actlvltles Total 2023 2023 2023 223 Pr1Marypurys •ndanclll•ry tr*dlttgl Employee c0515 nol Included in direct cos15 Premises expense5 Adminislralive overheads Pfof888ional f88S 282.574 52.675 51,422 15,067 2.889 282,574 52.675 51,422 15,067 2,989 600 Financial c051S Grantmaking cost5 6tM) Total Primary pur and gncillary tradSng1 404,527 6(WJ 405,227 3$
Darul Hadls Latlflah Foundatlon Aetl¥lty analysls of In¢ome and expondltur• for the forth• year •ndod 31 Augu¥t 2023 Summary of charitable ¢05ts by activity DSrect costs Support costs Grant fundlng of actItIeS 2023 Totul 2023 2023 2023 Totsl Primary purptsse and anGillary trading1 Totsl Grance costs a5 detailed in Nete 31 404.627 6tKI 405,227 600 600 ToLI1 charltable exp•ndlturn 405.227 600 405,827 The basis of allocatcn of fxjsls b8h¥8en actthbe818 descnbed undera¢cryJntsng rKJliaes The kyeakdown of Ihis expenditure by type of swnding lie roninal clas8ificalionl Is de10 in note 32 An•lysl# of •upport and governanc• Gosts by charknb actlvltl•• Governance Flnance Human Other Regourees iknrheads ActIvY Prim KxJrw>8É 8nd 8ncilL4ry trading1 2,889 282,574 119,164 Summary of grant maklng by acti Grants ¢0 Grants to Instltutlons Indlvlduals Support costs Total 2023 2023 20Z3 2023 Pnmary purw and anlry tmding1 Full details ofgrdnts made arTrd ted costs, induding suppDrt £0S1s. are shown in 29. 32
Darul Hadls Latifiah Foundatlon Actlvlty analysis of Income and •xpenditur• for th• for th• y•ar •nded 31 August 2023 36 Analysis of non charftablè expenditure by actlvlty Actlvlty Fundt*l$lng athltl Fundralslno adivitle5 2023 Indlroct fundra181ng co&ts..- Admin151ralive overheads 12,066 G0mance Go¥•m•nG• Costs 2023 other Eypenditure- Gov8mant& ¢0515 a5 detailed in Note 31 600 rot•1 non ch1)18 expendlturn 2023 Tclal costs of Fun¢Jrai5ing acti¥ilies 12,066 Total non charitsblo •XndItuTe 12,068