**REGISTERED CHARITY NUMBER: 506980** ## **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **REPORT OF THE TRUSTEES AND** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020** Riley Moss Audit LLP (Statutory Auditor) Riley House 183-185 North Road Preston Lancashire PR1 1YQ **DARUL ULOOM AL ARABIYA AL ISLAMIYA** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020** |||**Page**|| |---|---|---|---| |**Reference and Administrative Details**||1|| |**Report of the Trustees**|2|to|4| |**Report of the Independent Auditors**|5|to|6| |**Statement of Financial Activities**||7|| |**Statement of Financial Position**||8|| |**Statement of Cash Flows**||9|| |**Notes to the Statement of Cash Flows**||10|| |**Notes to the Financial Statements**|11|to|16| |**Detailed Statement of Financial Activities**|17|to|18| **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 AUGUST 2020** **Trustees** Naushad Abdul Aziz Sulaiman Hafejee Ibrahim Mohammad Amin Gajaria Rachid Ismael (appointed 18.11.19) **Principal address** Holcombe Hall Holcombe NR Bury Lancashire BL8 4NG **Registered charity number** 506980 **Independent auditors** Riley Moss Audit LLP (Statutory Auditor) Riley House 183-185 North Road Preston Lancashire PR1 1YQ Page 1 **DARUL ULOOM AL ARABIYA AL ISLAMIYA** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2020** The trustees present their report with the financial statements of the charity for the year ended 31 August 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **Objectives and activities** The objectives of the Charity as specified in the Trust Deed are the establishment and operation of an educational institution for the purpose of training students for the Islamic priesthood and for the further education of qualified Islamic priests. In furtherance of its objectives, the Charity runs an independent boarding school for boys by the same name, Darul Uloom Al Arabiya Al Islamiya, which is registered with the Department for Education (DfE) with registration number 351/6007. The Institution, in addition to serving as a centre of higher Islamic education, is also committed to the provision of secular education at secondary and sixth form levels, offering a diverse range of subjects at KS3, KS4 and KS5 levels. The age range of the student body of the Institution is between 11 and 23. Upon graduation, students are encouraged to pursue further education at British universities in a discipline of their choice. To facilitate this, the Institution has over the years developed good relationships with Higher Education providers, thereby creating opportunities for effective progression for its graduates. The Institution takes pride in the fact that to date, a host of its graduates have obtained undergraduate, graduate and doctoral degrees in a wide range of disciplines, and are serving their communities in a variety of ways. The Institution strives to foster a meaningful awareness within students about their socio-cultural context, in an environment that is both conducive to their learning and moral welfare. It seeks to instil in them the values and attitudes required for good global citizenship and for a shared concern for the common causes affecting humanity as a whole. At present, the School does not have any pupils with special educational needs or learning difficulties. Dedicated to a student-centric approach to education, Darul Uloom endeavours to provide its pupils with numerous opportunities to experience learning holistically. The curriculum - both Islamic and secular - is designed to cater for the linguistic, mathematical, scientific, moral, social, aesthetic, technological, physical, and spiritual needs of students. The comprehensive Islamic theology programme developed by the Institute aims to equip its students to assume scholarly, professional, and pastoral roles within their communities. The Institute aims to ensure that the time spent at Darul Uloom facilitates its pupils' attainment of enduring spiritual, moral, social, cultural and religious awareness, in addition to excelling in physical and intellectual achievement. The Institute strives to remain a friendly environment where one has the opportunity to meet, live with, and learn from people from students and staff members of different socio-economic backgrounds, to learn to get on with others, to improve one's social and emotional intelligence, to become comfortable, confident, and disciplined in one's independence and to grow in one's faith. Darul Uloom celebrates diverse cultural heritages. Directed and student-led activities help improve multi-cultural awareness. All in all, Darul Uloom is committed to ensure its pupils gain a strong sense of community and an insight into the spiritual and social benefits of communal life. Page 2 **DARUL ULOOM AL ARABIYA AL ISLAMIYA** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2020** ## **Achievement and performance** The Trustees are pleased to report that, despite the challenges presented by the continuing pandemic, there has been continued progress in attainments at both GCSE and sixth form levels in Summer 2020. All but one of its pupils achieved grade 5 or above in English and maths in this year's GCSE exams: 100% received grade 5 or above in English, and only one student received grade 4 in maths. By way of comparison, the percentage is 37% at the local authority level and 43% nationally. 100% of the cohort received grade 5 or above in Combined Sciences, Urdu and Arabic GCSEs. The School's Attainment 8 score for 2019 was 57.3, which was 13.8 points higher than the local average. The sixth form provision of the School continues to improve. The School has this year enjoyed a 100% pass rate in all subjects - Arabic, Urdu, Maths, English Language, Accounting at A2 levels, and Physics, Chemistry and Sociology at AS levels. In summary, Darul Uloom is proud to be able to maintain a good balance between high achievement and a spirit of service and devotion, thus providing an ideal environment for pupils to grow in and experience a vast array of social and academic skills in a safe and respectful manner. All this together makes for the most fruitful and memorable boarding school life. ## **Financial review** ## **Reserves** It is policy of the Charity to maintain unrestricted funds at a level which equates to approximately 12 months' regular expenditure. This ensures there are always sufficient funds to cover management, administration, and support costs. The school's principal funding source is school fees, followed by charitable donations, though the School has not felt it appropriate since March 2020 to fundraise given the circumstances of the pandemic. The overhead expenditure has remained fairly consistent after taking into account increased staff costs due to the extra demand for the teaching staff to achieve a good teacher to student ratio. ## **Plans for the future period** The Trustees plan to continue to enhance the current standards of academic achievements as measured by the external public examinations and independent value-added criteria. This includes collaboration and sharing of good practice between academic departments and like institutions, improving internal communications and management information systems, and continuing to develop and enhance the facilities. They have also entered into negotiations with a number of specialist providers, and are conducting a thorough review of the School's complete provision, including extra-curricular opportunities, with a view to enhancing the extra-academic provision of the School even further in a sustainable manner. ## **Structure, governance and management Governing document** The Charity is an unincorporated trust, constituted under a trust deed dated 1 November 1977, as amended, and is registered with the Charity Commission with the number 506980. ## **Location and history** Darul Uloom Al Arabiya Al Islamiya is the oldest school of its kind in the United Kingdom. It was founded by the late Shaikhul Hadith Hadhrat Maulana Yusuf Motala in 1973, and has since 1977 been located at Holcombe Hall, in the historic village of Holcombe, in the district of Ramsbottom, part of the Metropolitan Borough of Bury, at the northern edge of Greater Manchester. It is situated south of Haslingden, east of Edgworth, west of Ramsbottom, and north of Tottington. The name Holcombe comes from the Celtic cwm, meaning valley, and the Old English hol, meaning deep or hollow. Historically wholly within Lancashire, it is located along the course of the River Irwell in a deep valley amongst the West Pennine Moors and is well-connected to nearby towns and cities through a number of A-roads and the M66 motorway. Page 3 **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2020** ## **Structure, governance and management** ## **Appointment of trustees** The trust deed, as variously amended, provides for at least three trustees. The appointment of trustees is vested in the continuing trustees (excluding any retiring trustees). The appointment of teachers, administrators, and other persons required for the running of the Institution is in the hands of the Principal. The trustees have responsibility for appointing a Principal. ## **Organisational structure** The trustees may from time to time make such rules and regulations in their absolute discretion think fit for the management of the Institution and may at any time vary such rules and regulations. At regular meetings, the Trustees agree the area of activity for the trust, as well as reviewing policies, securing accountability, and measuring performance. ## **Induction and training of new trustees** There are informal procedures for induction and training of new trustees. Trustees are also encouraged to attend external briefings and training courses. One trustee has been appointed in the period of this report in November 2019. ## **Risk Assessment** 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 those risks. ## **Statement of trustees' responsibilities** The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charity SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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 irregularities. Approved by order of the board of trustees on 21 June 2021 and signed on its behalf by: .................................................................... Naushad Abdul Aziz - Trustee Page 4 **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **Opinion** We have audited the financial statements of Darul Uloom Al Arabiya Al Islamiya (the 'charity') for the year ended 31 August 2020 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (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 31 August 2020 and of its incoming resources and application of resources, 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 Auditors' 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** We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where: - the trustees' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or - the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charity's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. ## **Other information** The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. 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. In connection with our audit of the financial statements, 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 audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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. ## **Matters on which we are required to report by exception** We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: - the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or - sufficient accounting records have not been kept; or - the financial statements are not in agreement with the accounting records and returns; or - we have not received all the information and explanations we require for our audit. Page 5 **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **Responsibilities of trustees** As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which 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. ## **Our responsibilities for the audit of the financial statements** We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. 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 a Report of the Independent Auditors 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. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. ## **Use of our report** This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' 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 charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. Riley Moss Audit LLP (Statutory Auditor) Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Riley House 183-185 North Road Preston Lancashire PR1 1YQ Date: 28 June 2021 Page 6 ## **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2020** **----- Start of picture text -----**
2020 2019
Unrestricted Total
funds funds
Notes £ £
Income and endowments from
Donations and legacies 2 676,837 637,391
Expenditure on
Charitable activities 3
Charitable activities 648,480 592,289
NET INCOME 28,357 45,102
Reconciliation of funds
Total funds brought forward 2,555,710 2,510,608
Total funds carried forward 2,584,067 2,555,710
**----- End of picture text -----**
The notes form part of these financial statements Page 7 ## **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **STATEMENT OF FINANCIAL POSITION 31 AUGUST 2020** **----- Start of picture text -----**
2020 2019
Unrestricted Total
funds funds
Notes £ £
Fixed assets
Tangible assets 7 2,290,221 2,219,663
Current assets
Debtors 8 137,555 82,441
Cash at bank and in hand 190,091 265,268
327,646 347,709
Creditors
Amounts falling due within one year 9 (33,800) (11,662)
Net current assets 293,846 336,047
Total assets less current liabilities 2,584,067 2,555,710
NET ASSETS 2,584,067 2,555,710
Funds 10
Unrestricted funds 2,584,067 2,555,710
Total funds 2,584,067 2,555,710
**----- End of picture text -----**
The financial statements were approved by the Board of Trustees and authorised for issue on 21 June 2021 and were signed on its behalf by: ............................................. Naushad Abdul Aziz - Trustee ............................................. Sulaiman Hafejee - Trustee The notes form part of these financial statements Page 8 ## **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2020** **----- Start of picture text -----**
2020 2019
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 30,185 93,505
Net cash provided by operating activities 30,185 93,505
Cash flows from investing activities
Purchase of tangible fixed assets (105,362) (39,862)
Net cash used in investing activities (105,362) (39,862)
Change in cash and cash equivalents
in the reporting period (75,177) 53,643
Cash and cash equivalents at the
beginning of the reporting period 265,268 211,625
Cash and cash equivalents at the end
of the reporting period 190,091 265,268
**----- End of picture text -----**
The notes form part of these financial statements Page 9 **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2020** **----- Start of picture text -----**
1. Reconciliation of net income to net cash flow from operating activities
2020 2019
£ £
Net income for the reporting period (as per the Statement of
Financial Activities) 28,357 45,102
Adjustments for:
Depreciation charges 34,804 33,798
(Increase)/decrease in debtors (55,114) 9,290
Increase in creditors 22,138 5,315
Net cash provided by operations 30,185 93,505
2. Analysis of changes in net funds
At 1.9.19 Cash flow At 31.8.20
£ £ £
Net cash
Cash at bank and in hand 265,268 (75,177) 190,091
265,268 (75,177) 190,091
Total 265,268 (75,177) 190,091
**----- End of picture text -----**
The notes form part of these financial statements Page 10 **DARUL ULOOM AL ARABIYA AL ISLAMIYA** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020** ## **1. Accounting policies** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property - 2% per annum straight line basis Fixtures and fittings - 15% on reducing balance ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Financial instruments** The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at amortised cost. Financial assets held at amortised cost comprise cash and bank in hand, trade debtors and other debtors £327,646 (2019: £347,709). Financial liabilities held at amortised cost comprise all creditors except social security and other taxes £33,800 (2019: £11,662). Page 11 continued... **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2020** ## **2. Donations and legacies** |Donations
Grants
School fees
Grants received, included in the above, are as follows:
Other grants|**2020**
**£**
103,403
36,556
536,878
676,837
**2020**
**£**
36,556|**2019**
**£**
129,236
-
508,155
637,391
**2019**
**£**
-| |---|---|---| Grants include the amount received as Coronavirus Job Retention money received from the government as a compensation for the salary loss to the employees. ## **3. Charitable activities costs** |Charitable activities
**4.**
**Support costs**
**Management**
**£**
Charitable activities
300,938
Support costs, included in the above, are as follows:|**Support**
**Direct**
**costs (see**
**Costs**
**note 4)**
**£**
**£**
284,421
364,059
**Governance**
**Finance**
**costs**
**£**
**£**
1,708
61,413|**Totals**
**£**
648,480
**Totals**
**£**
364,059| |---|---|---| ## **Management** |Wages
Social security
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Carried forward|**2020**
**Charitable**
**activities**
**£**
62,707
-
31,524
6,095
63,535
815
3,435
168,111|**2019**
**Total**
**activities**
**£**
53,454
813
32,700
2,817
55,890
2,813
3,840
152,327| |---|---|---| Page 12 continued... **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2020** ## **4. Support costs - continued** ## **Management - continued** |Brought forward
Sundries
Cleaning
Canteen
Travel expenses
Repairs and renewals
Depreciation of tangible and heritage
assets
**Finance**
Bank charges
**Governance costs**
Auditors' remuneration
Accountancy and legal fees|2020
**Charitable**
**activities**
**£**
168,111
3,501
5,833
68,146
24
20,519
34,804
300,938
**2020**
**Charitable**
**activities**
**£**
1,708
**2020**
**Charitable**
**activities**
**£**
3,600
57,813
61,413|2019
**Total**
**activities**
**£**
152,327
-
6,850
101,797
1,947
18,680
33,798
315,399
**2019**
**Total**
**activities**
**£**
1,037
**2019**
**Total**
**activities**
**£**
4,200
10,346
14,546| |---|---|---| ## **5. Trustees' remuneration and benefits** There were no trustees' remuneration or other benefits for the year ended 31 August 2020 nor for the year ended 31 August 2019. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 August 2020 nor for the year ended 31 August 2019. Page 13 continued... **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2020** **----- Start of picture text -----**
6. Staff costs
2020 2019
£ £
Wages and salaries 330,815 296,489
Social security costs - 813
330,815 297,302
The average monthly number of employees during the year was as follows:
2020 2019
Staff 60 51
No employees received emoluments in excess of £60,000.
7. Tangible fixed assets
Fixtures
Freehold and
property fittings Totals
£ £ £
Cost
At 1 September 2019 2,205,665 826,406 3,032,071
Additions 79,612 25,750 105,362
At 31 August 2020 2,285,277 852,156 3,137,433
Depreciation
At 1 September 2019 137,970 674,438 812,408
Charge for year 9,141 25,663 34,804
At 31 August 2020 147,111 700,101 847,212
Net book value
At 31 August 2020 2,138,166 152,055 2,290,221
At 31 August 2019 2,067,695 151,968 2,219,663
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Page 14 continued... **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2020** **----- Start of picture text -----**
8. Debtors: amounts falling due within one year
2020 2019
£ £
Trade debtors 72,660 16,120
Other loans 63,365 63,365
Other debtors - 2,956
-
Prepayments 1,530
137,555 82,441
9. Creditors: amounts falling due within one year
2020 2019
£ £
Trade creditors 7,582 1,939
Other creditors 26,218 9,723
33,800 11,662
10. Movement in funds
Net
movement At
At 1.9.19 in funds 31.8.20
£ £ £
Unrestricted funds
Unrestricted funds 2,555,710 28,357 2,584,067
TOTAL FUNDS 2,555,710 28,357 2,584,067
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
Unrestricted funds 676,837 (648,480) 28,357
TOTAL FUNDS 676,837 (648,480) 28,357
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Page 15 continued... **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2020** ## **10. Movement in funds - continued** ## **Comparatives for movement in funds** |**At 1.9.18**
**£**
**Unrestricted funds**
Unrestricted funds
2,510,608
**TOTAL FUNDS**
2,510,608
Comparative net movement in funds, included in the above are as follows:
**Incoming**
**resources**
**£**
**Unrestricted funds**
Unrestricted funds
637,391
**TOTAL FUNDS**
637,391|**Net**
**movement**
**in funds**
**£**
45,102
45,102
**Resources**
**expended**
**£**
(592,289)
(592,289)|**At**
**31.8.19**
**£**
2,555,710
2,555,710
**Movement**
**in funds**
**£**
45,102
45,102| |---|---|---| ## **11. Related party disclosures** There were no related party transactions for the year ended 31 August 2020. ## **12. Post balance sheet events** Since the year end, the Covid-19 pandemic has caused considerable disruption to the global economy. Notwithstanding that, Covid-19 is deemed to be a non-adjusting post balance sheet event. Having considered the impact of Covid-19 on the charity, the trustees consider that there are no non-adjusting post balance events that require disclosure in these financial statements as a result of Covid -19. Page Page 16 **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2020** **----- Start of picture text -----**
2020 2019
£ £
Income and endowments
Donations and legacies
Donations 103,403 129,236
Grants 36,556 -
School fees 536,878 508,155
676,837 637,391
Total incoming resources 676,837 637,391
Expenditure
Charitable activities
Wages 268,108 243,035
Books and School trips 16,313 18,272
284,421 261,307
Support costs
Management
Wages 62,707 53,454
Social security - 813
Rates and water 31,524 32,700
Insurance 6,095 2,817
Light and heat 63,535 55,890
Telephone 815 2,813
Postage and stationery 3,435 3,840
Sundries 3,501 -
Cleaning 5,833 6,850
Canteen 68,146 101,797
Travel expenses 24 1,947
Repairs and renewals 20,519 18,680
Freehold property 9,141 8,823
Fixtures and fittings 25,663 24,975
300,938 315,399
Finance
Bank charges 1,708 1,037
Governance costs
Auditors' remuneration 3,600 4,200
Accountancy and legal fees 57,813 10,346
61,413 14,546
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This page does not form part of the statutory financial statements Page 17 **DARUL ULOOM AL ARABIYA AL ISLAMIYA** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2020** **----- Start of picture text -----**
2020 2019
£ £
Total resources expended 648,480 592,289
Net income 28,357 45,102
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