## **SAFEGUARD ACADEMY CIO**
## **Accounts**
## **31 October 2025**
**Registered Charity Number 1207066**
## **Omega Accountants Ltd**
Certified & International Accountants 223 Wickham Road, Croydon, CR0 8TG Tel: 020 8604 8860 Fax: 020 8604 8862 info@omegaaccountants.co.uk
## **SAFEGUARD ACADEMY CIO Trustess' Report**
## **Principal activities**
The organisation's principal activity during the year continued to be that of a place of worship, Islamic education centre as described below
## **Introduction**
The EC present their annual report and accounts for the period ended 31 October 2025.
The EC is satisfied with the performance of the charity during the year and the position at the balance sheet date and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations provided continued support from the users and members are available.
## **Name, registered office and constitution of the charity**
Name of the organisation: Safeguard Academy CIO
Legal Status: Incorporated CIO body with charitable objectives
1st Floor, 200 Elm Park Avenue, Hornchucrh, RM12 4SD
## _**A summary of the objects of the charity as set out in its governing document.**_
1. To advance Islamic religion and education in accordance with the tenants of Islam.
2. Da’wah activities in furtherance of the above.
3. Ta'alim - teaching of the Noble Qur'an and Sunnah, Islamic laws, its requirement and prohibitions and educate people in the Islamic way of life, society, family, its doctrine and practices with emphasis on peace, community cohesion and tolerance. Educate people in tolerance and interaction with other faiths and beliefs.Children's after school education and online tution to children.
Executive Committee Members are:
1. M A Hye Chowdhury
2. Syed Reza
3. M Mazumder
## _**Funds structure policy**_
_The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the EC in furtherance of the objects of the charity. Such funds may be held in order to finance working capital._
_Restricted funds have been provided to the charity for a particular purpose, and it is the policy of the EC to carefully monitor the application of those funds in accordance with the restrictions placed upon them. This current year, the charity did not receive any restricted funding._
## _**Capital grants**_
The EC consider that in order to comply with the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales (SORP 2005, SORP 2007 and Charities SORP 2019), gifts of tangible fixed assets or grants of a capital nature given for specific purposes and fully utilised in the furtherance of the objects of the charity should be credited to the relevant fixed asset fund after the sums have been properly expended on the restricted purpose. The related asset is shown in the balance sheet at the full cost of acquisition or subsequent revaluation.
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## **SAFEGUARD ACADEMY CIO Trustess' Report**
## **Reserve Policy**
The Members of the Executive Committee (EC) have established a policy of reserve, whereby the unrestricted funds held by the charity should be equivalent to at least £10,000 in general funds. At this level, the EC feels that they should be able to continue the current activities of the charity in the event of a significant decrease in funding. It would also be necessary to consider how decrease in such funding would be replaced or activities changed.
Although at present, the unrestricted reserves reach this target, but the trustees are considering ways in which additional unrestricted funds may be raised.
## _**Principal funding sources and how expenditure in the year under review has supported the key objectives of the charity.**_
The principal funding sources are general donations received from the users of the charity and a small amount will be received from Gift Aid. The funding supports the employment of members of staff who carry out the work of co-ordinating the engagement of charity's policy and decision making, building the capacity of the charity with voluntary and community sector organisations and promoting community cohesion and equality and countering extremism.
2
## **Independent Examiners' report on the accounts of SAFEGUARD ACADEMY CIO**
## **To the Executive Committee of SAFEGUARD ACADEMY CIO**
We have carried out independent examination of the accounts of Shahjalal Mosque and Islamic Cultural Centre, Croydon for the period ended 31 October 2025 Which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Total Recognised Gains and Losses and the related notes and Statement of Financial Activities. These have been reviewed by third party qualified accountants to mitigate any conflict of interest.
These financial statements have been prepared in accordance with the Charities Act 2011 (as amended), FRS 102 (The Financial Reporting Standard applicable in the UK and Republic of Ireland), and the Charities SORP (FRS 102)
## **Scope**
This report is made solely to the organisation's members, as a body, in accordance with Section 235 of the Companies Act 1985. Our work has been undertaken so that we might state to the company's members those matters we are required to state to them in an examination 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 members as a body, for our work, for this report, or for the opinions we have formed.
The terms of our engagement exclude any requirement to carry out a comprehensive assessment of the risks of material misstatement, a consideration of fraud, laws, regulations and internal controls, and we have not done so. We are not required to, and we do not, express an audit opinion on these accounts.
## **Respective responsibilities of ECM and the independent examiners**
The charity’s ECMs is responsible for the preparation of the accounts. The charity’s ECM consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an independent examination is needed. It is our responsibility to:
examine the accounts under section 145(1)(a) of the Charities Act 2011; follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011; and state whether particular matters have come to our attention.
## **Basis of independent examiners’ report**
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the ECM and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as ECM concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, we do not express an audit opinion on the view given by the accounts.
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## **Conclusion - Independent Examiner's statement**
In connection with our examination, no matter has come to our attention:
(1) which gives us reasonable cause to believe that, in any material respect, the requirements:
• to keep accounting records in accordance with s41 of the 1993 Act; and
• to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2006 Act have not been met; or
(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **S F Reza, FMAAT, FAIA, FATT, ICPA**
Assurance, review and risk management
## **Hamza Saeed Bajwa FCCA**
## **Omega Accountants Ltd**
Certified & International Accountants 223 Wickham Road Croydon CR0 8TG 20 August 2026
4
## **Shajalal Mosque & Islamic Cultural Centre Statement of Financial Activities for the year ended 31 March 2026**
|**_Other Incoming Resources_**
Donations - Members and other donations
Gift Aid
**_Incoming resources from charitable activities_**
**Resources expended**
**_Costs of generating funds_**
Communication & marketing
Staffing & associated costs
**_Costs of charitable activities_**
**_Governance costs_**
**_Other resources expended_**
Adminstration
Professional fees
**Total resources expended**
**Net incoming resources**
**before transfers between funds**
**Gross transfers between funds**
**Net incoming resources before**
**Other recognised gains and losses**
**Net movement in funds**
**Reconciliation of funds**
**_Total funds brought forward_**
**Prior year adjustment**
**Total Funds carried forward**
4
**All activities derive from continuing operations**
**Balance Sheet Total**|**Unrestricted**
**Restricted**
**Funds**
**Funds**
**2026**
**2026**
52,277
-
20,484
-
72,761
-
161
1,150
1,311
-
35,966
2,000
39,277
-
33,484
-
-
-
33,484
-
33,484
-
-
-
3,122
-
-
**36,606**
**-**|**Total**
**Last Year**
**Funds**
**Total Funds**
**2026**
**2025**
52,277
37,513
20,484
-
72,761
37,513
161
426
1,150
260
1,311
686
35,966
33,705
2,000
-
39,277
34,391
33,484
3,122
-
-
33,484
3,122
33,484
3,122
-
3,122
-
-
**36,606**
**3,122**
36,606
3,122|
|---|---|---|
## **SAFEGUARD ACADEMY CIO Income and Expenses Account for the period ended 31 October 2025**
|**Notes**
**Income receivable**
Administrative expenses
**Operating surplus**
2
**Total surplus for the year**
**Total surplus for the financial year**|**2025**
**£**
72,761
(39,277)
33,484
33,484
33,484|**2024**
**£**
37,513
(34,391)
3,122
3,122
3,122|
|---|---|---|
6
## **SAFEGUARD ACADEMY CIO Balance Sheet as at 31 October 2025**
|**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Debtors
4
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
5
**Net current assets**
**Total assets less current**
**liabilities**
**Creditors: amounts falling due**
**after more than one year**
6
**Net assets**
**Capital and reserves**
Unrestricted revenue
accumulated funds
7
**Net Charity funds**|**2025**
**£**
24,966
20,484
11,682
32,166
(526)
31,640
56,606
(20,000)
36,606
36,606
36,606|**2024**
**£**
22,621
-
15,952
15,952
(15,451)
501
23,122
(20,000)
3,122
3,122
3,122|
|---|---|---|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
**M A Hye Chowdhury** Chairman Trustee
Approved by the board on 20 August 2026
7
## **SAFEGUARD ACADEMY CIO Income and Expenditure Account for the period ended 31 October 2025**
|**Income**
**Gross profit**
Administrative expenses
**Operating profit**
**Income over expenditure before tax**|**2025**
**£**
72,761
72,761
(39,277)
33,484
33,484|**2024**
**£**
37,513
37,513
(34,391)
3,122
3,122|
|---|---|---|
8
## **SAFEGUARD ACADEMY CIO**
## **Detailed profit and loss account for the period ended 31 October 2025**
|**Income recivable**
Donations - Members and other donations
Gift Aid
**Administrative expenses**
Employee costs:
Temporary staff (teachers)
Premises costs:
Rent
Rates
Service charges
Light and heat
Cleaning
General administrative expenses:
Telephone and fax
Stationery and printing
Subscription
Bank charges
Insurance
Repairs and maintenance
Depreciation
Sundry
Legal and professional costs:
Professional fees|**2025**
**£**
52,277
20,484
72,761
1,150
1,150
22,000
777
4,475
2,683
526
30,461
116
35
194
53
3,175
1,078
854
161
5,666
2,000
2,000
39,277|**2024**
**£**
37,513
37,513
260
260
22,000
4,088
2,150
1,341
487
30,066
-
524
-
26
825
1,630
634
426
4,065
-
-
34,391|
|---|---|---|
9
**SAFEGUARD ACADEMY CIO Notes to the Accounts for the period ended 31 October 2025**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
## _**Turnover**_
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
## _**Depreciation**_
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery
10% straight line
|**2**|**Operating profit**|**2025**|**2024**|
|---|---|---|---|
|||**£**|**£**|
||This is stated after charging:|||
||Depreciation of owned fixed assets|854|634|
|**3**|**Tangible fixed assets**|||
|**2**
**Operating profit**
This is stated after charging:
Depreciation of owned fixed assets
**3**
**Tangible fixed assets**|**2**
**Operating profit**
This is stated after charging:
Depreciation of owned fixed assets
**3**
**Tangible fixed assets**|**2025**
**£**
854|**2024**
**£**
634|
|---|---|---|---|
|**Cost**
At 1 November 2024
Additions
At 31 October 2025
**Depreciation**
At 1 November 2024
Charge for the year
At 31 October 2025
**Net book value**
At 31 October 2025
At 31 October 2024
**4**
**Debtors**
Other debtors
**5**
**Creditors: amounts falling due within one year**
Trade creditors|**Land and**
**buildings**
**£**
16,911
-
16,911
-
-
-
16,911
16,911|**Plant and**
**machinery**
**etc**
**£**
6,344
3,199
9,543
634
854
1,488
8,055
5,710
**2025**
**£**
20,484
**2025**
**£**
526|**Total**
**£**
23,255
3,199
26,454
634
854
1,488
24,966
22,621
**2024**
**£**
-
**2024**
**£**
15,451|
10
## **SAFEGUARD ACADEMY CIO Notes to the Accounts**
**for the period ended 31 October 2025**
|**6**
**Creditors: amounts falling due after one year**
Qard Hasana loan
**7**
**Income and Expenses Account**
At 1 November 2024
Surplus for the year
At 31 October 2025|**2025**
**£**
20,000
**2025**
**£**
3,122
33,484
36,606|**2024**
**£**
20,000
**2024**
**£**
-
3,122
3,122|
|---|---|---|
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