CHARtTY REGISTRATION NUMBER.. 1209022 Iqra Supplementary School & Youih Provision Financial Stalemen15 For ihe Period Ended 31 March 2025
Iqra Supplementary Schijol & Youth Provision financial Statemen15 Period Ended 31 March 211Z5 Page Trusiees, report Independent Exaniinefs rew)rt to the truslees ststement of fina10[ actii'ities lincludins income and eXndItUre account) Ststernent o( financial p)sition .Notes to the finanttal ststements
Iqra 5llpplementary School & Youth Provision Tru51ees' Annual Report Period Ended 31 March 2025 The trusiees present theÈr report and the finaTKial stalements of the chariti. for the l'ear ended 31 hlarch JI2). Reference and administrntive detsi Registered charity natThe Iqra Supplenniar%. *hool & Youth Proi'ision CIO Charity registration number 12(A)L? Principal office and registered Aaina Community Hub Bath Road office 11.'513BS The trustees Tani'eer Hanif- Chair Insha Yasin .4'isha Khan Ghazala Shaikh lumtsz Begum S1,li'ia DemiYdLq Aneesah Begum Zal'ra Sal Humaira Khan- Co opted lernr Ac¢ounlants Youn15 Bhatti & Co. Chartered Accountsnts & Audiiors 93 Broad Street Birmingham B151AU Bank HSBC Bank PIC
Iqra Supplementw School & Youth Provision Truslees, Annual Report Icovbrt(xedJ Period Ended 31 March 2025 Strudure. governance and management GDvemin Docum During the current financial lear (on 81h Juli- 20?41 the charitt. re-re&5tered as an charitsble incorpor3tL"d organi5ation ICIOI, under an,.4$1a0n Ilodel Conststub"on' 'hICh established the objects and pow'ers of the Iharitable CIO and is gm'emed utmlef its Consbthtion. The new charits, number lor the CIO is 12(A)22 and all assets from the charih- re&5tered I l45Tr1 hai'e been transferred to the neM-I}' Tegi51ered CIO. In 'ent ol the charin. being h-ound up. the member5 of the CIO hai'e liabilih. to contribule to tLs a55et5 and no rsonal re5Frf)nsibilih. for settling its debts and liabilitie5. Recruitment and A intment of Mana em nt Commrti The chariN" trusltes for the PUryK>se5 of charih. lam. and under the constitution are know'n as members of the Ilanagement Commttiee. L'nder the TryuiremenL% ol the ton$tition the member5 of the lanagement CommitLee are eleCd kn sen'e lor a period of three !'eaT5 afLer i%."Ch thth. must iy re- elected at the next Annual cra1 Iffeting. Trust Irkluction nd Tfaini The trustees are alreadi. familiar Mith the practscal i%'ork of the ch3rii!' and hai'e to take up training courses offered a5 pArt ol goi'ernance M'lu"ch are run during the l'ear. Risk ement The Nlènagement Lommittee ha5 conduc4 a rei'iew. of the mdior risks to -hICh the ihaiitN' is exposed. .4 risk register has ien established and is updated regularl!-. Il'htre appropriate, si-5tem5 or procedure5 hai'e en establL5hed to mitigate the risks the charih, latts. anisati I Struclur The Nlanagement Committee net up not Iw than six times in a Irar and are re5POnStble lor the stralegii direchon and poli of the charih.. Other smaller commitlee5 are Finante committee, Conimuftity. En8agement Committee and Communication Commitiee and tneet up as and ivhen required. A Centre Nlanager ha5 in appointed ii'ith the reSnSibilIti. for the dai" to dai operational mana8e¥nent of the C()mmunity' Cenlte.
Iqra Supplemettt¥ry School & Youth Provision Trnslees. Annual Report ¢ontinueD) Period Ended 31 March 20Z5 Structure, gov•manc• and manag¢m•nt Icoiitixued) Oblecllves •nd aetivltie• The charih s obrnt5 and principal actii'itie5 are.. -To promote general thari13ble purposes for the inefi.t ol all children and i'oung ople lii'ins withiii the .4rea of BEnetit I'the Beneficiartes'l: to PTQi'ide relief from educational underachiei'ement. Cial and/or economic disadb'anfA8e and to ensure h'ider acce55 to i'outli proi'ision and related acti%'ibe5 tt> dvance aspiratton5 and raise achici'ement I.elS of children of all age5', and in partscular to proi'ide oppurliiiiities lor the aforementioned nefICiae5 to participate (ulli. in the life ol their community,, In 'ai's that addTess and allei'iak social and economic exclusion anLI drsadi'antage of all children and ng Feople e5pecialli' those children from excluded communities-. Maln Activities IQR.4 proi'ides 5en'i¢es and actii'ities to address exclusion di5adi'antage and raise aspirations and achicvemeni lei'els amongst children and l'oung P]e from disadi'anta8ed ¢omniunitscs. A third of Families lii'ing in li'alsall are knoh'n to IK affected b). p)i'erW, our 5eti'ices are dei'elowd and delii'ereil free for chlldren and their familie5 who are not able to access posIkn"%'e pastsme aciivitiLS thal iniproi'e educational attainmenl, enhance health and sociol M'ellEeing. IN'C hai'e referred to the guidance contained in the Charih. Commis$ion's general guidance on publtc ['ntIl1 w'hen TL'I'tL'li'ins our din and obiectii'es aNI in planning our future actil'ities. Asplrlng Future• Prol•ct 1IIL' ..lsiiirinb FLIIuTL PrcTject ha5 proi'ided children and )'oung people aged 5 l'ears and upw'ard5 1%'itli life enhancing opportnItIeS thal in5pirc and improi'e acce55 to exreriences and opporlunitses that PTOVLdt' path%va!'s out of pi'erh. in the Short and long term. Through the lunJing w'e have [K.n able to continue our M'eekend pro1,10n. %tart a 1.5 and siris onl%. l'outh group and hai'e been Jble to provide more 7A'ork expeTietKe placements for those a8ed 16 and upwards. HAF Grdnt 'I'hL Charjli. Secured IIAF fundin8 throu8hout the l'ear to deliver schth)I holida!. proi'ision for children eligible to free 5chwl T•]5 aged 5 l'ears to 12 during the Easter and Summer holidai's. 1_()cal faniilies ts,ho othern¥ise ivould struggle during period were able to )[1¢ from a IrLY h<)Itdai' provision that incluLleLI a hot meal. Ind(M)r and ou0r acbi-Ibe5. improi'ed health and 1velli18 thTOU8h the acie55 018reen spaces and th¢ learning of irucial life ski115 linked to prepaDn8 fo¢ and utrÈttc)n. Il'e a150 proi'ided childTen with SEN'D a safe and multi£ultural setting 14.here the& could participate in fun acbi'itie5 with pÉers. The HAF proi'ision has been rated 'lFen' Good, bi" the L(al Aiithorih,. 8op and Girf$ Youth Group Through the Aspirin8 Fulures Project hai'e been able to comtsnue with our Girl'5 Youth Group. It ha.s been i'ern. suciessful ivith an ai'erage ol oi'er eighteen girls aged 8 to 14 l'ears attendin8 each -trk. Young Fople benefit from life skills. creatsi'e 5ktlls and sports and M'ell-being achi'itie5 tu reduce health ine4tsalitie5
qra Supplemenluy School & Youth Provision Tru5tees' Annual Report (conirnu•d Period Ended 31 March 2025 The Bo)'s Youth Group commenced in No1"emr Xl?4. the aim beÈng to engage the older bo)'s rn the communit. w'ho do not atlend the weekend proi ision. Il'e hai'e created a safe eni'ironment lor the 's to actii'el! engage in sports actii'ib"es, life skills. and building resilience against anti-social behai'iour prei'alent Èn the area. Volunteèr Pbacements O¥'er 10 Young people aged 14 I'eaTS to 21 }rtlted from placements on weekends and during the holidai's gaining i%'ork related ski115 in l'outh proi'ision. admini5trotion, plannin& oiganizing resource5. eb'aluations and ei"ents. Parb"cipants receii'e a reference for fvre emplo!'n)ent opportutiitses as M'ell as the opportunih- to conb.nue volunteering during schcM)I holidays. Youth Futures Foundation 14ra staff and volunteers aged 18 kn 25 hai'e parlictpated in Youth Future5 Foundation workshops held to explore the barriets and di¥rimination experienced bi. Bangladeshi and Pakistani l'oung [P[C tn'ing to acce55 meaningful emplo!'TDent and training OPrtunitieS. The M'ork5hop5 proi'ide 'oung people M'ith a platform to Share their exreriences during rrUinenL emploi'ment and the challenges eXrienCed Ye5ulttng in hal'ing to secure YO paid and lom, skilled emploi'ment. These 'orkshops hai'e highlighted the need lor earli. careers odi'ice for thi5 cohort ol Noung reople, mentorin8 and coachin& exposurt to Frf)Sitii'e role mode15 and netsoTks, and the need for a change in recruibnent practiCES W"Ch currentli" leave l'oung FEople feeling dentiVated and discouraged. Supplementary Provision & Homework Club The Homei%'vrk club and Supplementsn. Lileraa. and Numerac%" sessions are fundamentsl in improi'ing Educab"onAI ace1-ement amongst clu"Idren fvon) BANfE and marsinali5ed communitie5 from a i'oung age. The proi-iston has had a huge imp3ct on ne.1¥ arrived families aiid those lii-ing i poi'eh- that are faced with multsple lei'els of disadi'anfage and iin3ncial hardship. Parents cannot alford to pai. lor supplementarn- pro¥'LSiOD for their children to catrh up %pithrn their l-ear 0up. The supplen)enian' proi'ision 5clI1(all1- engage5 children who hai'e Dot l-et secured a place at local oi'ersubscriird primar¥. and sonda. Sch]$ lor length!. periods of trme that can last up to )? month5. On a w'eekli. basi5 15 to ?0 chIldn acce55 the support proi'ision M-hich is EacilitAted bi. OUT team ol undergraduaie emploi'ees 'hO are familiar liith current ieachirtg meth$ and tiie curriculum. SENO Iqra hai"0 seen a 5i8nificanl increase in the number of children Ènd i'oung people ljirtng with learning diffi¢ultie5 accessing p05itii'e pa5tiTne actii-ibes on the 7A'eekends and during the holidavs. Thei. are able to iEnL.fit from peer engagement in a safe space, dei'elopins rteii. Ir)end5hip5. reducing social Isolabon and Ing able to enJoi- extracurricular actiiilies that are not othen'ise ai'ailable in the lucalih.. Staff receii'e specialist training to proi'ide actii'ities and supwrt thai ca*rs lor the needs ol children M'ith ADHD and Icaming abilities. enabling childreti to participate in actiirities h'ith their peers and siblings from the localih.. Carers are encouraged atitnd or8anised trip5 $0 that children lii'ing %%'ith SEXD are not excluded and enjo!. F4)sitii'e expertences M'ith their peer5.
Iqra 5uppIementary School & Youth Provision Tnstees. Annual Report CLwiinuodJ Period Ended 31 March 2025 Beneficiarles 'er 4) children and 10 l'oung people hai'e nertted from the actsi'ibes delii'ered on the M'eekend5 and during the school holidai-g. the organizatiort works in partnership w'ith local PriTnat)' and Secondan. Atademi s. the Caldmore Communih. Garden. Ilalsall MBC, NHS. and Public Flealih. Iqra engages children from dii.'erse communities who lii'e across the Boroush and are nei¥'l!' arrii'ed in IITalsall. thei- benelit from regular engagement M-ith peers ts'ho lii'e in the IcKalJh- and are able to access posib"I'e experiences that i%'ould otheryvi5e iE financialli burden50me on families. Children and i'oung people hai'e the opportuniti. tr) make friends ou15idc the 5thool enlironment M'hich has a positii'e tmpèct on their mental and SLKial w'ell-being. Iqra positii'e pastsme actii'ities are enjoi'ed bv children from di¥'erse secb.ons of the communiti. including children fn)m British South Asian, IVest.4frican. Arab and EuroFean backgrounds. Iqra actii'ities proiride children and l-oung people M'ith additsonal learntng and language needs M'ith safe spaie M'here th. can explore and thrii'e at their pace and dei-elop their communicaknon skills so that thei. are better equipFrd when thei- 51art %hfy)l. Stsff Development StsEt updated their Emergena" Fir51 Aid, Health & SaFeh' and Safeguarding .SEND. Aubsm, ADHD. Suicide .Qw'areness and Fire %larshall tratning. The organisation emploi-s suitabli. qualified part bme and sessional staif from the localih. w'ho are responsible for planning and oi'crseeing w'eekli- actii'ities proi'iding suprrf)rt and mentoring to l'ouns i'olunteers. The sen'ice is promoted through social media platfornis and through iommunit4' grasSrts platforrn5 that enable parents to self-re(eT. The IQR.4 Executii'e Board 7A'ould Ilke to thank our dedtcated stsff i%ho a committed to ertgastng 'ulnerable children and i'oung people in w)siti%'e life ertha1ng oppOrnitieS that inspire, raise aspif31ions and contribute to achieyewnenl in a safe a nurturing eni"ironmenL Financial rèview For the period ended 31 Ilarch 2025 the charitv made a surplus income of £41,673. nvestmenl Pdi most of the charih s fund5 are to spent in the short temh there are no long term inNestments. A rei'ieh. of ini'estment policies ts therefore planned in the rtei%' financial vear. Reserves Polic The MIanagertt Committee has examirth the chariti"'5 requirements for resen'e5 in light of the main risks to the organisation. It ha5 established a polia- i%'hcreM. Ihe unre5trictrd fund5 not committed OT ini'estrd in tangible fixed asseb held bi. the charih, should h*-een 3 and 6 months of the expenditure. The re5er¥'es are needed to meet the kn'orking capitsl reqLJirements of the charih, and the qanagement Committee are con6idenl that at this I,el th. M'ould be able to continue the aCbK'ities of the charii). in the ei'eDI of a 5ignilicani drop in income. In the short term thc Kqanagemeni Con)mittee ha5 alsu tonsidered the extent to 7A'hich exisbng actii'itses and exnditre could be Cultsid, should soch circumstances arise.
Iqra Supplementary School & Youth Provision Trnsltts, Annual Report conwnu PeTiod Ended 31 March 2025 Trustse$' rn8ponsibllitie• ststsmènt The trustees are responsible for preparing tru5tees' report and the financial slatements in accurdance with applicable lam. and L.nId Kingdom Accounting Srandards (United Kingdom Generall!. Accepted Accounting Pracbcel. The law applicable to charities in England and Il'ale5 requires the tru51ees l(J prepare financial StatemntS lor each finan¢tal l'ear %'hich sive a true and lair i'iew, ol the state of affairs of the charinp and ()t the incomin8 resources and applitathon ol resources ol the charitt- foT that period. In preparing these financial Stsments. the trustees are required to: select $uitsble accountsng policie5 and then appli- const5tent]!'; ob5en'e the methods and principle5 in the applicable Charities RP IFR51021.' kv judgments and accountingeshmates tha¢ are TeawD•ble and prudent., prepare the financial ststements on soÈng concern basis unless it 15 inappropriate to pre5um¥ that the chariN' ii'ill conhnue in oTatton. The trustee5 are responsible lor keeping adequale accounting records that are Sufficient to show and explain the charity s transackn.ons and disclose M'ith reasonable accuraci. at ans. ttme the linancial Position ol the charit!. and enable them lo ensure that the financial statements compl!. M'ith the Ql)aribo5 Act ?01 l. The%. are a150 re5FrfTrn5ible for safesuarding the as15 (bl the rhoriiN' and nce for takin8 reascTrnable step5 lor the prei'enrton and detects4yn of fraud and other irre8uldritres. Ihe trustees. annual report was approi'ed on ... tru5tee5 bi.. and 5isned on behalf of the board of Tanieer Hanil Tru51eL (Chairl
Iqra Supplementary School & Youth Provision Independent Examiner's Rtpott to the Trustees of Iqra Supplementary School & Youth Provision Period Ended 31 March 2025 We Teport to the Irustee5 of Charitable In£orpoTated Organisatson ICIOI on our examination of the acc()uniS ul Iqra Supplei?ientsry Sch()ol & Youth PTUI'ision CIO for the !'eaT LindLid 31 Ilarch ? ii'hich iomprise the Staterncnt ofr Finaiicial Acbirities, the Statenient ot Fiiianiial Positioi) and the related nntes. Responslbllltles and ba¥1$ of report A& explained Inore lull!. in the tru5tees' respoiisibjlitses s>tenieiit (set out ort page 61. Ihe trustees are ¥espi)iisible lor the Preparatson ol the financial statemenLs which gil'e a true & fair I'lew. Flaving sakn"51ied ourseli'es that thLi accounts of thLI CIO are not required to audited under Parl 16 01 ,Icl and arL' eligiblL lor tnJepL'iidL'nl L'xaniination, Ml£i rL'port in resFRit nF our exaniination OF viiur L l(),5 accouiits as carrieLI out undLf 5ectii)n 145 of the Cl)liriti Act 21111 I'dle ?Ul l Acll. In C4)rri'¢ng out our exaniinativn il'e hai'l. foll()M'L'd die Directions %iven bi. the Charih, Coninii55ion Ul)Ller section 14515llbl of the 2011 ACL Independènt •xamlnorf$ 8tatoment 'e haille completvJ our exaniinatson. Ille Can conlirni thclt no material inatters hai'e conie to our ttlntion iii connectioti M'ith thi¥ exarninatitsn gii'ing u5 cause to beliei'É' that.. accouiitijig TLftFrds were not kept in accordance w'ith 5cction 386 01 the 21X)6 Act,. or thi, aLLQ)unts do not a¢cc)rd %%'iih thth%e recoTd5,' or th¢ accounts dc) not Cl)Illkil!' will) tlit. occountiii8 requiremeiits under si'cknon 396 uf tlie 21X)O Act othiir thali ali!. requirement that Ihc. acci)unLs xii'e a'true and fair, view kn'hich i5 not matlLf c(11151dered parl ot an inileiieiidvnt L'xaniinabon., or thi. accounts. l)ai'e been I7reiiarvLI in dciTrr£lante M'ith the Charitie5 SORP. We havt. n(1 c()nceTn$ aiid hai'e come across no other matters in connection ivith t]ie exan)ination tLI il'l)icl) atteiitloll 511ould be draK'n in this repc)rt in order to enable a propisr understanding of tlie Accounts. to I reacheLI. MiihanimaLI I'i)iinTS Bhath FCA For and on beliall ol YouDt4 BhattL & Ca. l_td ChartLrLd Accountants ¥l Brc)ad street Birniingham B15 IAU Date.. ...
Iqra Supplementary School & Youth Provision Sialemertt of Financial Aclivilie5 (including income and expenditure account) For the Period lo 31 March 2025 2025 Re5triited fut5 Unrestricted funds Total Income and end0ents Charitable actii'ities Actsi'itses for generating funds 39 39 Total incorne 539 91379 Expendlture E%ndIre on raising funds.. EXpendIre on charitable dctii'ities Cast nl actii'tknes 48.717 48.717 1,795 Total exndIture 48,717 50512 Net In¢omel{deflGItI 45 41.822 41.867 Other recognlsed galns and lomes Net movement In funds 45 41•7 Recontlllation of funds 6.1?4 10.615 16.739 Total funds carrled forward 12 6.169 52.4.17 Ihe stateTnertt of financial actsi'itie5 includes all gains and losses recognised in the FEriLXI. All inc¢)tT* and expenditure derii'e from continuing actii'itie5. The notes on paseg 10 to 15 form part of these financial statements.
Iqra Supplementary School & Youth Provision Stalement of Financial Position 31 March 2025 2025 Nt)te Current assets Cosh at bank and in hand 59523 Creditors: amounts falling due within one y¢aT Net current assetsl{liabilitiesl Total assets less current liablllties 917 58.(lJ6 Creditors due after more than one ar Net assets 13 58,ElJ6 Funds ofthe charity Restricd fund5 Unrestricted funds 12 52.437 6.169 Total charity lunds 58.606 ThL%e financral 5trtsments hai'e been prepared in accordawKe M'ith the provi5ion5 applicable to charitie5. These financial statements were approved M. the Ird of trustees on ..... sjwed on behalf of the board b).: and Tani'eer Hanif Trustee Ichairl The note$ on pages 10 to 15 forni part of these finanoal statements.
Iqra SupplemeDtary School & Youth Provision Notes to the Financxal Statemenls Period Ended 31 March 2015 General information The chariti, is a public benefit entiti. and a CIO, registered Mrith the Charities Commission in England and Il'ales (Re8 No.. l?QH)221. The addres5 of the Charitt. office is Aaina CottlTnunii)' Hub. Bath Road, 11-'alsall ,$1 3BS. Statement of compliance These financial statenients hai'e been prepared in compliance ii'ith FRS 102, 'The Financial Reporttng Staridard applicable iii the UK and the Republic ol Ireland., the Statenient of Reconitncnded Practtce applicable to charities preparing their aciounLs in accordance w'ith thi. Financial Reporbng Standard appliiable in the UK and Republic ol ITeland IFRS 1021 ICharitiL?% ORP IFRS 10? Accountlng policies Basis of preparation The liiiancial statements hai'e been prepared ots the historical cost basis. Going concem There are no niaterial uncertainties about the tharth s abilih. to conhnue. Disclosure exemptiorts The entitt. satisfies the criteria ol being a qualill'ing entih. a5 defined Èli FIS 10? As such, the exemption ai'ailable under paragraph 1.12 of FRS 10? w'ith regard to disc105ures tn respeit ol fina)Icial iitstrunients has been taken. Judgements and key 50urc8s of estimation uncertslnty 'I'he preparation of the financial statcnients require5 managenient to niake judgements, estimates and assun)ptions that allect the amouiits rep()rted. These eshn)ates aiiLI judsemei)ts are coi)tinualli- rei'ies%'ed aiid are based on experieiice and other faitnrs, including expectations of lutUTL' i'vents that are beliLI'ed to be reasonable under the ciriumstai)Leg. Fund accounting U'nrestricted funds aTe available lor use at the di%retion of the trustees to further anv of the charity fi purposes. DesignateJ funds are unrestricted funds earmarked bv the trustees lor partiiular future project or comTnitment. Restricted funds are subjected to restrictlOll5 on their expeiiditure declared bi. tht donor or through the terms ol an apFEal and fall into orte of two su¢lasSes.. restricted incorne funds or endoK'tncnt fLinds. -10
qra Supplementary School & Youth Provision Notes lo the Finala1 Statements (conlinued) Period Ended 31 March 2025 Accounting policies Icoiitiiiuedl Incoming resources All incomiiig resources are included in the statenient of liiiaiicial acbi?itie5 entitlement has passed lo the thhriti.: it is probable diat the economic benefits associated with the transachan il'ill noi%, to the charih. and the amount cali be reliabli. measured. The lolloi%'ing spectfic policie5 are applied to particular ¢ategories ol income.. ijicome Irom donations or grants is recognised i%'hen there is ei'sdeiice of enb"tlemÈnt to the gitt, receipt is probable and its amount can be measured reliabl).. lesac%' income is recognised when receipt is probable and entitlement is established. intome froni donateLi gL)ods 15 nieasured at the fair i'3lue of the goods unle55 this is irnpractical to n)easure relidbli,, in M,hicli case the i'alue is derii'ed fron) the cost to thL' donor or tlie estimated resale i'alue. Donated facilitics and services are re¢ognised in the (counts M'hen Teceii'ed il the value can be reliably measured. No amounts are Included for tlie contribution of general iiolunteers. income from contTacts for the 5upplI' of service5 rs recognised ivith the delii'en. ol the contracted 5eTh'ice. This is classified as unrestricted funds unless there 15 a cnntractual rLNuirement for it to be spent on a particular purpose and rettjrned if unspent. in ivliicli case it Aia!. be regarded as restricted. Resources èxpended Expenditure is Tecognised on an atcrtsa15 basis as a liabilth. 15 inturred. Expenditure includc5 anv VAT w'htch cannot be fullN' rcctsi'ered. and is tlassilied under heading5 Of the Slement of linancial actii'ities to which it relates-. expeiiditure on raising funds includes the costs of all lundraising activitie5, events, noii- iharitable trading actii'ities. and the sale ol donated good5. expenditLire on charitable acbi'ities includes all c05Ls incurrcd b!. a charl. in uiiderlakins attii'itjes tliat lurther its charitable ainis lor the ixJnefit ol ILS benefic13ries, including those support iosts ai)d costs relatiiig to the goi'ernaAcc of the charjh, apportioiied t() tharitable achi'ities. other expendire includes all expendÈture that 15 neither related to raising fund5 for the charih. nor part of its expendittsre on charitable ackni'ibes. ,111 costs are alloiated to expenditure categories reflecting the use ol the resourcc. Direct costs attributable to a single 3ctii'iti' ère allocated dire(tli' to that aibi'it%'. Shared iosts are apportioned betsveen the activities thrt. coiitribute to on a reasonable, justifiable and consistent basis. -li-
Iqra Supplemenlary School & Youth Provision Note5 to the Financial statellnts Period Ended 31 March 2025 Accounting policies (coiitimue Flnancial instruments A financial assel or a financial liabilili- 15 recognised onli when charitt. becomes a parh. lo the Contrac[ proi'istons of the rnstrumenl Basic financial instruments are initiall!. re¢ognised at the amount receii'able or pai-able including ani, related transaction costs. Current asseLs and current liabilibes are sub5equentl!' measured at the cash or other considerabon expeckd to be paid or (ell'ed and not discounted. Debt lnStrnnnls are subsequentli" meAsured al arnOrtd cost. 11.'here ini'estments in shares are publicl!. traded or their fair i.alue can othertl'ise be naSUred rel2abl¥'. the in%'estment is subwuentli. measured at fair value M'ith changes in fair Nalue retognised in income and experkditure. All other such tnveslments are subsequenu!. measured at cost le55 LmpairnnL Other financial instruments. including derii'atii'es. are initsalli. recognised at fair I'alue. unless pai'ment for an asset is deferred ki'ond nonnal busjness ternis or financed at a rats of interest that is a market raie. Tn h'hich case the asset is Tneasured at the present value of the future pal-ments discoun at a markei rate of interest for a similar debt instrument Other financial instruments are sub5equentli- measured at fair i'alue. i%'ith ani. change5 rcto%nJsed in the Statement of financial aciii'ities. M'ith the excepkn.on of hedging instruments in a de51gnaied hedging relationship. Financial a55ets that are measured at C05t or amortised cost are rei'iem'ed for objectii'e ei'idence of impairment at the end of each rewrting dale. If there is obFCtii-e ei'idence ol imp3imient, an impairment loss is reco1$ed uDder the aPprOpna heading in the ststement of finaiicial activities in M'hich the inib.al 1n h'as recolsed. For all equih. instruments regardlw of SiglfiCanCe. and other financial a55ets that are Indii'idualli. SI[fiCant. these are a55es5ed indi%'iduall!. for inipairmenL Other financial a55et5 aTe either a55e55ed indii'idu811)' or grouFd on the basts of 51mtlar credtt risk charocteristic5. Ani. rei'ersals ol impairment are reCOlSed iTnmediateli-, to the extent thai the r'erSal does not result in a carn'ing amount of the linancial asset that exceeds M'hat the cart?'ing amouiit would hai'e bÈen had the lmpa1rnnt not previousl!. been recognised. -12-
Iqta Supplementary School & Youth Provision Notes lo ihe Financi41 Statements fcontinuw) Period Ended 3] Mar¢h 2025 Charitsble •etlvltl•8 Unrestric*d Restricted Funds Funds Tot41 25 Grants Teceii'ed )539 )539 ,539 Actlvllles lor g•n•rntinq fund• Unreslri¢ted Restricted Funds Funds Tolal 2015 Achi'ittes IA40 N•t Incom• Net Inconie is 5tsted alter thargin& 202S Ac¢ountsnc)' lee P3vab for the financial ststemenls 895 Trust•• r•mun•Ation •nd ¢xp•ns No remunerab.on or other benelits from emPl'ment w'ith the chariti- We receii'ed b¥, the trustees.
Iqra Supplementary S¢hool & Youth Provision Notes to the FÈnancial Statements (conlIn[lI Period Ended 31 Marth 2025 Creditor5: amounts fallin9 due wlthin one year 2025 Accruals 917 Analysis of charitsblè funds Unrestrfcted funds Gain5 and At losses 31 Mar 2025 At8lu12024 ncome Expenditure Transfers *lctivities 6.124 11,7951 6.169 6.124 1,840 11,795) 6.169 Restricted funds Gains and At losses 31 Mar 202S At8lu120?4 Income Exreiiditure Tran5Eers Grants Donations 10,615 90,539 148,717) 52,437 10,615 .5.19 148.717) 51437 io. Analysis of ntt assets belween funds Unrestricted Funds Restricted Futds Total 202S Fixed Assets Current assets Creditors le55 than l l'ear 53,354 19171 6.169 59523 19171 Net assels 51437 6,169 58.606 -14-
Iqra Supplementary S¢hool & Youth Provision Notes to ihe Financial Statements IconbnuEdJ Period Ended 31 March 2025 ii. Tru$tees' and key management personnel remuneration and expenses The trustees neither recei%'ed nor wail'ed an!. reTT4uneration during the l'ear. l-lii IrL2SICiS did noi haiL an!. LNp¢n5es r¥imburs¢d during Ihc %iar. 12. RÈl3lttd party iransgctlons ThirL r¢latLd Irt) transaclions during th¢ -15-