MADINA-TUL-ULOOM AL ISLAMIYA
TRUSTEES REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31st AUGUST 2021
– CHARITY REGISTRATION NUMBER 326933
MADINA-TUL-ULOOM AL ISLAMIYA Charity Registered number : 326933
| MADINA-TUL-ULOOM AL ISLAMIYA Charity Registered number : 326933 |
|
|---|---|
| Contents | Page |
| Adminstrative Details | 1 |
| Trustees’ Annual Report | 2-5 |
| Independent Auditor's Report | 6-8 |
| Statement of Financial Activities (SOFA) | 9 |
| Balance Sheet | 10 |
| Cash Flow Statement | 11 |
| Notes to the Financial Statements | 12-15 |
REFERENCE AND ADMINISTRATIVE DETAILS
Charity Number 326933 Registered Address Butts Lane Summerfield Kidderminster DY10 4BH Trustees Mr Abdullah Memi Dr Mohammed Ashraf Gulam Makadam Mr Sayeed Ahmed Peerbhaibar Mr Ahmed Ali Mr Ahmed Patas Mr Mohammed Faruq Nazir Ahmed Nana Mr Yusuf Ebrahim Lorgat Mr Maksud Ahmed Gangat Secretary Mr Abdullah Memi Auditors Mr Akbar Dedat Crystal Business Services Ltd. Chartered Accountants 264 Stoney Stanton Rd Coventry . CV1 4FP Bankers National Westminster Bank plc Rossendale, Lancashire.
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MADINA-TUL-ULOOM AL ISLAMIYA Charity Registered number : 326933 Trustees' Report
The Trustees present their annual report and audited financial statements for the year ended 31 August 2021 and confirm that they comply with the Charities Act 2011, the Trust Deed and the Charities SORP applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Administrative Information
Trustees who have served for the year ended 31 August 2021 were as follows: Mr Abdullah Memi - Chairman
Dr Mohammed Ashraf Gulam Makadarn Mr Sayeed Ahmed Peerbhaibar Mr Ahmed Ali Mr Ahmed Patas Mr Mohammed Faruq Nazir Ahmed Nana Mr Yusuf Ebrahim Lorgat Mr Maksud Ahmed Gangat
Structure, Governance and Management Introduction
Madinatul Uloom Al Islamiya is an independent Islamic boarding school for boys dedicated to providing Islamic as well as secular education. It is situated in tranquil surroundings four miles southeast of Kidderminster. The teaching blocks and hostels are all situated within the 22 acres of the college. This means that the students are always on site and constantly under the care and supervision of dedicated staff. Students are allocated to hostels according to their age group.
Madinatul Uloom aims to educate the students and instil in them the teachings of the Holy Qur’an and practices of our Holy Prophet Muhammad (peace be upon him) as well as other arts and sciences. It also strives to promote and cultivate good behaviour, morals, mutual respect and tolerance. This in turn creates a friendly, caring and motivated environment.
Governing Document
The trust is governed by its Declaration of Trust dated 29th July 1985 and is a registered charity, number 326933. The charity was established to promote the advancement of education and the advancement of the Islamic faith by the establishment of an Institution.
Management
The Trustees meet a minimum of three times a year, or more when required to consider all matters pertaining to the performance of the charity. The Trustees have appointed the head teacher and the senior leadership team who in turn are responsible for the day to day running and management of the school.
Recruitment and Induction of Trustees
The recruitment and induction of new trustees lies with the Trust. Trustees are responsible for seeking suitable applicants with a range of skills, experiences and commitments who will be an asset to the charity in its establishment and growth. New applicants are recommended to the Board, followed by circulation of their CV to all trustees and a full discussion being held at an appropriate Board meeting for his /her recruitment. In making the appointment, the Board looks at the skills, qualifications, relevant experience, time commitment, suitable references and most importantly sharing the vision of the Trust. The Trust is committed to equality and diversity within the organisation. The current Board consists of people from community, education, theological, financial, marketing, buildings, human resources and charitable backgrounds, all of whom bring the necessary expertise to the work of the charity.
Organisational Structure
The trustees may from time to time make such rules and regulations in their absolute discretion as they think fit for the management of the institution and may at any time vary such rules and regulations. At trustees‘ meetings each term the trustees agree the area of activity for the trust, policies and performance.
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MADINA-TUL-ULOOM AL ISLAMIYA Charity Registered number : 326933 Trustees' Report
Risk Management
The trustees continue to monitor and review major risks which the charity is exposed to and where necessary control and implement systems and procedures to manage these risks.
To protect against any financial misappropriation, trustees and accounting staff regularly monitor and supervise the financial affairs of the charity.
We believe these measures are appropriate to the charity's size and the nature of its operations.
Objectives and activities
The objectives of the Charity are to promote the advancement of education and the advancement of the Islamic faith by the establishment of an Institution in particular for the purposes of:
I) Training adults and children for the Islamic priesthood and for the further education of suitably qualified Islamic priests.
2) Making adequate provision for higher studies of the Holy Quran, Hadith, Fiqh, Tafseer, Islamic History and Philosophy.
3) Providing all our pupils with a sound education, from key stage three through to higher education. 4) Providing a comprehensive Islamic Theology Course in accordance with the Holy Qur'an and practices of our Holy Prophet Muhammad (peace be upon him) which equips its pupils the opportunity to assume scholarly roles within their communities upon its completion.
5) Dispensing good-quality, external, independent careers advice and support, which results in pupils obtaining a good appreciation of different career opportunities.
6) Providing an environment in which students are encouraged to adopt, through understanding, Islamic codes of practice enhancing their spiritual development with an Islamic ethos.
7) Providing an environment in which students are encouraged to develop self-discipline, respect for oneself, fellow students and staff; contributing towards a well ordered, safe and caring school.
8) Creating an atmosphere of courtesy, tolerance, openness and trust which impedes abuse, intimidation, harassment, teasing and bullying; in line with British values.
9) Safeguarding and promoting the well-being of all boarders with due attention to their physical and mental health and emotional well-being.
10) Ensuring there are equal opportunities for all boarders regardless of their ethnic origin, culture, linguistic background and disability.
11) Developing an awareness and respect for differing cultures that are around us.
12) Helping students to understand their own immediate and long-term needs and encouraging them to be sensitive to the needs and feelings of others within the school and the community at large, bettering one's own life morally and religiously as well as the lives of others.
13) Encouraging students to exercise choice within the framework of the school and be aware of the effects of their choices upon themselves and upon those around them.
14) Developing an awareness of the importance of good citizenship and a realisation of how, as citizens, each student is equally responsible for its maintenance.
15) Creating an effective link with parents and guardians as major partners in the development of boarders.
16) Nurturing each pupil into a caring, open-minded whole person, enhancing their qualities of leadership and abilities to work as part of a team such that they are knowledgeable enquirers and thinkers and prepared suitably for the next stage in their education.
Achievements and Performance
In December 2020 the school had an assurance visit from Ofsted. This was part of a phased return to routine inspection after Ofsted had suspended all inspections due to COVID-19. The result of this visit was that inspectors did not find any ‘serious or widespread concerns in relation to the care or protection of children.’
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MADINA-TUL-ULOOM AL ISLAMIYA Charity Registered number : 326933 Trustees' Report
In July 2021 the school had an emergency monitoring inspection. All standards that were checked were met. An excerpt from the report is reproduced below:
The school meets the requirements of the schedule to the Education (Independent School Standards) Regulations 2014 ('the independent school standards'), the national minimum standards for boarding schools and associated requirements that were checked during this inspection.
In November 2022 and January 2023, there were further visits from Ofsted. Some issues were raised which the trustees feel have been addressed. At the date of this report a further follow up visit is anticipated.
Apart from the above inspections the school completed the construction of the WC and ablution area in the main block. The staff and students now have access to brand new WC and ablution area complete with underfloor heating.
The school continues to upgrade and refurbish the accommodation blocks as and when needed.
The GCSE grades were the best to date with 100% of the students achieving at least 9 – 4 grades.
Financial Review
A summary of the year's finances can be found on the subsequent pages of the financial statements.
The school's principal funding source is from school fees and donations. Overheads remained fairly consistent after taking into account the increased staff costs due to the extra demand for the teaching staff to achieve a good teacher student ratio.
Reserves Policy
The Trustees considers holding unrestricted reserves amounting to approximately three months' average expenditure. At this level, the Trustees feel they would be able to continue the current activities of the charity in the event of a significant drop in funding.
The Board of Trustees is satisfied with the performance of the charity during the period and the position at April 2023 and considers the charity in a strong position to continue its activities during the coming year.
Future Plans
The Board of Trustees' future plans are to:
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Ensure the school is stays fully compliant and that all standards are continuously met.
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Continue to provide good quality education by investing in resources, training and staffing.
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Complete the construction of the multi-purpose hall which will house the Islamic theology, hifz and tajweed classes. The hall will also be used for assemblies, seminars and examinations. * Complete the construction of a dedicated dining area which will be equipped with modernised equipment.
Trustee's Responsibilities in relation to the Financial Statements
The trustees are responsible for preparing the Trustees' Annual Report end the financial statements in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice).
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MADINA-TUL-ULOOM AL ISLAMIYA Charity Registered number . 326933 Trustees. Report Law applicable to charities in England and Wales requi$ the trustees lo prepare financial statements for ea¢h financial year which give a true end fair view of charity and of the incorning resources and application of resources of the charity for that year. in preparing these financial statements Ihe trustees are required to-. Select suitable accounting policies and then appty them consistenty Observe the method and principles in the charities SORP IFRS102} Make judgrnen15 antj estimates that are reasonable and prudent Stale whether applicable accounting stsndards have been folbwed. subject to any material departures disclosed and explained in the financial statements Prepare the financial statements on the going ¢on¢em basis unle55 it 15 inappropriate lo presume that the ¢haritv will continue The Iruslees are responsible for keeping proper ac¢ounts"ng records which disclose wilh reasonable a¢cura¢y at any time the financial posil¢on of the charity and enable them lo ensure that the financial statements comply with the Charities Act 2011 and the regulations made under that Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregukrities. This report was approved by the trustees on 3rd May 2023. ..Name..............................................................
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF MADINA-TUL-ULOOM AL ISLAMIYA Charity Registered number : 326933
Opinion
We have audited the financial statements of Madina-Tul-Uloom Al Islamiya for the year ended 31st August 2021 which comprise the Statement of Financial Activities, Balance Sheet, Cash Flow Statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
• give a true and fair view of the state of the charity's affairs as at 31st August 2021, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the trustees annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF MADINA-TUL-ULOOM AL ISLAMIYA Charity Registered number : 326933
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:
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the information given in the financial statements is inconsistent in any material respect with the trustees’ report; or
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the charity has not kept adequate accounting records; or
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the financial statements are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees’ responsibilities statement set out on pages 4 and 5, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Auditor responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or noncompliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
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INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF MAOINA-TUL-ULOOM AL ISLAMIYA Charity Registered number . 326933 Oblain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the ¢ircumstances. bul nol for the purpose of expre55ing an opinion on the effectiveness of the charity's internal control. . Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related diselosures made by the trustees. Conclvde on the appropriateness of the trustees. use of the going concem basis of accountin9 and, based on the audit evidence obtained. whether a material uncertainty exists related lo events or condilions that may cast significant doubt on the charity's ability lo continue as a going concem. If we conclude that a material uncertainty exists, we are required lo draw attention in our auditorfs report lo the related disclosures in the financial statements or, rf such disc105ure5 are inadequate, lo modify our opinion. Our conclusions are based on the audit evidence obtsined up to the dale of OUT audilorfs report. However. fvture events or condiiions may cause the charty lo cease lo continue as a going concem. Evaluate the overall presentation, structure and content of the financial statements. including the disclosures. and whether the financial slatemenls represent the undeflying transacbons and events in a manner that achVe5 fair preSentatn li.e. gives a Irue and fair view). We communicate with those char9ed with 9oveman¢e regarding. among other matters. the planned scope and liming of the audtt and snIficant audit findings. including any significant deficiencies in internal control that we Klentify during our audiL Use of our report This report is made solely lo the charity's Iruslees. as a body. in accordance wlh Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might slate to the charity's trustees those matter5 we are required to stste to them in an auditor's report and for no other purpose. To the fullest exlenl pemiitted by law. we do not accept or assume responsibility to anyone other than the Charity and the Charity's trustees as a body. for our audit work. for this report. or for the opinions we have fofmed. MR AKBAR DEDA T (Senior Statutory Auditor) For and on behalf of.. CR YsfAL BUSINESS SER VICES L TD Chartered Ac¢ountantthegistered Auditor 264, Ston&y Stanton Road. Coventry. GVI 4FP. Crystal Business Serwces Ltd. is eligible to a¢t as an 8uditor ITn temis of section 1212 of th8 Companies Act 2006. 3rd May 2023
MADINA-TUL-ULOOM AL-ISLAMIYA Statement of Financial Activities - (Income and Expenditure Account) Year Ended 31st August 2021
| Notes INCOMING RESOURCES Donations 1 Incoming resources from charitable activities 1 Total incoming resources RESOURCES EXPENDED Charitable activities Catering Staff costs 2 Job retention scheme grants School stationery, examination fees,training Support Costs Office costs Repairs and Maintenance Rates Travel Utilities Waste collection, cleaning Insurance Bank charges Leasing costs Miscellaneous expenses Depreciation 4 Governance costs Accountancy and legal fees Inspection costs Total resources expended NET INCOMING RESOURCES Balance at 1st September 2020 TOTAL FUNDS CARRIED FORWARD |
31/08/21 £ 657,211 603,173 1,260,384 62,221 499,980 (116,993) 16,880 462,088 3,300 41,245 9,074 1,531 77,223 7,509 4,100 3,322 5,070 2,128 69,433 223,935 - 5,183 5,183 691,206 569,178 2,792,622 3,361,800 |
31/08/20 £ 125,497 527,734 |
|---|---|---|
| 653,231 | ||
| 49,241 499,833 (56,487) 31,733 |
||
| 524,320 | ||
| 8,010 14,549 8,588 418 71,850 10,236 3,198 - - - 40,709 |
||
| 157,558 | ||
| 3,000 3,351 |
||
| 6,351 | ||
| 688,229 | ||
| -34,998 | ||
| 2,827,620 | ||
| 2,792,622 |
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MADINA-TUL-ULOOM AL4SLAMIYA Balance Sheet as at 31st August 2021 Notes 2021 2020 Fixed assets Tangible assets 3.198.691 2.912,770 Current assets Debtors Cash at bank and in hand 4.628 287,216 291.844 24.373 54,149 78.522 Creditors: amounts falling due within one year {51.210) (80.845) Nel current assets 240.634 -2.323 Total assets le current Ilabllltles 3.439.325 2.910,447 Credltors: amounts falling due after one year 177.5251 (117,8251 Net assets 3,361.800 2.792,622 FUNDS Unrestrfeted funds Transfer from pemianent endowment 1.657,294 117.973 1.775.267 1,088.116 1,088.116 117,973 1.586,S33 Permanent endowment Revaluation reserve 1.586.533 Total Funds 3,361,800 2,792,622 The financial statements were approved by the Board of Trustees and authorised for issue on 3rd May 2023. rt13.&)..u.L LA.F.i... ...¢L4.C j fyJkhJA 10
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MADINA-TUL-ULOOM AL ISLAMIYA Cash Flow Statement - Year Ended 31st August 2021
| Cash Flows From Operating Activities Net Incoming Resources (exc. interest earned) Depreciation Movements in Debtors Movements in Creditors Cash Flows From Investing Activities Purchase of Fixed Assets Capital grants received Changes in Cash/Cash equivalents Cash/ Cash equivalents At 1st September 2020 Cash/ Cash equivalents At 31st August 2021 Analysis of Cash/Cash Equivalents Bank account balances Cash in hand |
2021 £ 569,178 69,433 19,745 (69,935) 588,421 (355,354) 233,067 54,149 287,216 282,338 4,878 287,216 |
2020 £ (34,998) 40,709 (9,086) 79,127 |
|---|---|---|
| 75,752 (54,768) - |
||
| 20,984 33,165 |
||
| 54,149 | ||
| 47,172 6,977 |
||
| 54,149 |
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MADINA-TUL-ULOOM AL ISLAMIYA Notes to the Accounts For The Year Ended 31st August 2021
1 ACCOUNTING POLICIES
Basis of Preparation
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 201 l.
The trust constitutes a public benefit entity as defined by FRS l 02.
The trustees consider that there are no material uncertainties about the Trust's ability to continue as a going concern.
Reconciliation with previous Generally Accepted Accounting Practice
In preparing that accounts, the trustees have considered whether in applying the accounting policies required by FRS l 02 and the Charities SORP FRS I02 a restatement of comparative items was needed. No restatements were required.
Incoming Resources:
Donations, legacies and similar incoming resources
These are included in the Statement of Financial Activities (SOFA) when:
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the charity becomes entitled to the donation, legacy or similar income and any conditions for receipt are met.
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the trustees are reasonably certain they will receive it; and
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the trustees are reasonably certain that the value can be reliably measured.
Tax reclaims on donations and gifts
Incoming resources from tax claims are included on the SOFA at the same time as the gift to which they relate, to the extent that tax recoverability is certain.
Incoming resources from fund raising
These are reported gross in the SOFA.
Gifts in kind for sale or distribution
These are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
Gifts in kind for use by the charity
These are included in the SOFA as incoming resources when receivable
Intangible income (e.g. donated facilities)
This is only included in the accounts when the benefit received is actually quantifiable, receivable and material, and the cost is being borne by a third party. When included it is valued at the lower of the cost borne by the third party, and the reasonable estimate of the value to the charity
Investment income
This and any associated tax credits are included in the accounts when receivable.
Expenditure & Liabilities:
Liability recognition
Generally liabilities are recognised as soon as there is a legal obligation or constructive obligation committing the charity to expenditure
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MADINA-TUL-ULOOM AL ISLAMIYA Notes to the Accounts For The Year Ended 31st August 2021
Assets:
Tangible fixed assets for use by the charity
These are only capitalised when they can be used for more than a year and cost more than £250. They are valued at cost or a reasonable value on receipt. The charity does not have a policy of revaluation. Depreciation is charged on a reducing balance basis over the estimated useful life of the underlying asset. The following rates apply:
Plant & Equipment 25% reducing balance Buildings 2% reducing balance
Value Added Tax
Expenditure is shown inclusive of VAT.
Funds
Restricted
Restricted funds are subject to specific conditions imposed by the donors
Permanent Endowment
The capital of such funds will be held until the objectives of the Trust are satisfied.
2 SALARIES AND WAGES
Detailed information covering all the employees of the charity:
| Gross wages and salaries including Employer's NI costs and Pension contributions Total staff costs Average number of employees for the year |
Total 2021 £ 487,489 12,491 499,980 47 |
Total 2020 £ 488,583 11,250 |
|---|---|---|
| 499,833 | ||
| 48 |
(No employees were paid more than £60,000).
The trustees received no pay in executing their duties as trustees. However, they received remuneration for the following services.
the following services. |
|||
|---|---|---|---|
| Role | Salary (£) | ||
| Mr Abdullah Memi | Head Teacher | 11,358 | |
| Mr Mohammed Faruq Nazir Ahmed Nana | Teacher | 10,237 | |
| Mr Yusuf Ebrahim Lorgat | Teacher | 11,358 |
All payments are sanctioned by the Governance Documents as allowed by the Charity Commission. Had the Charity employed external individuals to fill these positions then the cost to the Charity would have been significantly higher.
3 TRUSTEES AND OTHER RELATED PARTIES
Trustee Expenses:
No expenses were paid to trustees during the year.
Related party transactions:
There were no related party transactions of the charity in the period.
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MADINA-TUL-ULOOM AL ISLAMIYA Notes to the Accounts For The Year Ended 31st August 2021
4.TANGIBLE FIXED ASSETS
| £ Cost At 1st September 2020 3,187,030 Additions 341,864 At 31st August 2021 3,528,894 Depreciation At 1st September 2020 278,470 Charge for year 65,008 At 31st August 2021 343,478 Net Book Value At 31st August 2021 3,185,416 At 31st August 2020 2,908,560 5. DEBTORS Trade debtors & prepayments 6 CREDITORS: Amounts falling due within one year Trade Creditors & Accruals 7.CREDITORS: Amounts falling due after one year Personal Loans Land & Buildings |
£ 63,148 13,490 76,638 58,938 4,425 63,363 13,275 4,210 2021 4,628 15,250 2021 51,210 51,210 2021 £ 77,525 77,525 Plant & Equip - ment |
Totals £ 3,250,178 355,354 |
|---|---|---|
| 3,605,532 337,408 69,433 |
||
| 406,841 3,198,691 |
||
| 2,912,770 | ||
| 2020 24,373 |
||
| 24,373 2020 80,845 |
||
| 80,845 | ||
| 2020 £ 117,825 |
||
| 117,825 |
The loan to the Charity is interest free, unsecured and not repayable on demand.
8 CONTINGENT LIABILITIES
Except as reflected in the Financial Statements, there were no contingent liabilities at 31 August 2021 (2020: £NIL)
9 OTHER INFORMATION
- Capital Commitments
There were no capital commitments at the year end.
- The charity has not given any guarantees to third parties that could be called on at the year end.
3. The charity has not granted any loans that are outstanding at the year end to any institution associated with the charity.
4 The charity did not make any ex-gratia payments during the year.
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MADINA-TUL-ULOOM AL ISLAMIYA Notes to the Accounts For The Year Ended 31st August 2021
10 DECLARATIONS BY TRUSTEES
Designated Funds
The charity does not have any designated funds.
Discontinued, continuing and acquired operations
All the charity's operations are continuing and there no operations that were discontinued or acquired during the year.
Permanent Endowment Fund
The trustees, after having made all enquiries with previous professional advisors and trustees, have decided that this fund is no longer appropriate. They have decided to move it to unrestricted funds.
Revaluations
None of the charity's functional fixed assets have been revalued during the year.
Subsidiaries
The charity has no subsidiary undertakings.
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