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2022-08-31-accounts

REGISTERED CHARITY NUMBER: 506980

DARUL ULOOM AL ARABIYA AL ISLAMIYA

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

Xeinadin Audit Ltd (Statutory Auditor) 36 Old Jewry London EC2R 8DD

DARUL ULOOM AL ARABIYA AL ISLAMIYA

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 4
Report of the Independent Auditors 5 to 7
Statement of Financial Activities 8
Statement of Financial Position 9
Statement of Cash Flows 10
Notes to the Statement of Cash Flows 11
Notes to the Financial Statements 12 to 17
Detailed Statement of Financial Activities 18

DARUL ULOOM AL ARABIYA AL ISLAMIYA REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 AUGUST 2022

Trustees Naushad Abdul Aziz
Sulaiman Hafejee
Ibrahim Mohammad Amin Gajaria
Rachid Daud Ismael
Principal address Holcombe Hall
Holcombe
NR Bury
Lancashire
BL8 4NG
Registered charity number 506980
Independent auditors Xeinadin Audit Ltd (Statutory Auditor)
36 Old Jewry
London
EC2R 8DD

Page 1

DARUL ULOOM AL ARABIYA AL ISLAMIYA REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022

The trustees present their report with the financial statements of the charity for the year ended 31 August 2022. 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.

The Trustees are keen to improve the overall experience of students, particularly those boarding at the School. To this end, they soon intend to embark on a significant refurbishment programme for premises and facilities. In the current year, the hot water and heating boilers for the entire School have been replaced with more powerful and efficient boilers.

Location and history

Darul Uloom Al Arabiya Al Islamiya is the oldest Islamic seminary 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 2

DARUL ULOOM AL ARABIYA AL ISLAMIYA

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022

Achievement and performance

The Trustees are pleased to report there has been continued progress in attainments at both GCSE and sixth form levels in Summer 2022. 94% of its pupils achieved grade 4 or above in English and maths in this year's GCSE exams and 81% achieved grade 5 or above in English and maths. 93% received grade 4 or above in English and 96% in maths. By way of comparison, the attainment percentage was 45% at the local authority level and 50% nationally. The School's Attainment 8 score was 56, which was 9.7 points higher than the local average. 100% of our pupils entered the English Baccalaureate, compared with the local authority average of 45% and national average of 50%. The EBacc average point score for the School was 5.66, compared with 4.05 locally and 4.27 nationally.

The sixth form provision of the School continues to improve. The School has this year once again enjoyed a 100% pass rate in all subjects.

While the Trustees remain pleased with the performance, they recognise there is scope for improvement and continue to put in place courses of action that should ensure continuous progress over the coming years. 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. The School had not felt it appropriate since March 2020 to fundraise extensively given the circumstances of the pandemic and the increase in costs of living. However, given the impact of such rising costs on the School itself, and in a bid to avoid adding pressure on parents by increasing fees, the Trustees launched fundraising appeals in Ramadan (March-April 2023), which proved to be highly successful. The Charity is also now registered with the Fundraising Regulator. 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 variously amended, and is registered with the Charity Commission with the number 506980.

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.

Page 3

DARUL ULOOM AL ARABIYA AL ISLAMIYA REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022

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. No new trustee has been appointed in the period of this report.

Risk Assessment

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

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:

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 2023 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 2022 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).

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

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 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 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.

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:

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.

The extent to which the audit was considered capable of detecting irregularities including fraud

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF DARUL ULOOM AL ARABIYA AL ISLAMIYA

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

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.

Xeinadin Audit Ltd (Statutory Auditor) 36 Old Jewry London EC2R 8DD

26 June 2023

Page 7

DARUL ULOOM AL ARABIYA AL ISLAMIYA STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022

----- Start of picture text -----
2022 2021
Unrestricted Total
funds funds
Notes £ £
Income and endowments from
Donations and legacies 2 820,847 711,725
Expenditure on
Charitable activities 3
Charitable activities 960,061 775,879
NET INCOME/(EXPENDITURE) (139,214) (64,154)
Reconciliation of funds
Total funds brought forward 2,519,913 2,584,067
Total funds carried forward 2,380,699 2,519,913
----- End of picture text -----

The notes form part of these financial statements

Page 8

DARUL ULOOM AL ARABIYA AL ISLAMIYA

STATEMENT OF FINANCIAL POSITION 31 AUGUST 2022

----- Start of picture text -----
2022 2021
Unrestricted Total
funds funds
Notes £ £
Fixed assets
Tangible assets 7 2,362,194 2,323,719
Current assets
Debtors 8 114,353 134,670
Cash at bank and in hand 111,247 157,583
225,600 292,253
Creditors
Amounts falling due within one year 9 (207,095) (96,059)
Net current assets 18,505 196,194
Total assets less current liabilities 2,380,699 2,519,913
NET ASSETS 2,380,699 2,519,913
Funds 10
Unrestricted funds 2,380,699 2,519,913
Total funds 2,380,699 2,519,913
----- End of picture text -----

The financial statements were approved by the Board of Trustees and authorised for issue on 21 June 2023 and were signed on its behalf by:

Naushad Abdul Aziz - Trustee

Sulaiman Hafejee - Trustee

The notes form part of these financial statements

Page 9

DARUL ULOOM AL ARABIYA AL ISLAMIYA STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2022

----- Start of picture text -----
2022 2021
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 31,282 36,697
Net cash provided by operating activities 31,282 36,697
Cash flows from investing activities
Purchase of tangible fixed assets (77,618) (69,205)
Net cash used in investing activities (77,618) (69,205)
Change in cash and cash equivalents
in the reporting period (46,336) (32,508)
Cash and cash equivalents at the
beginning of the reporting period 157,583 190,091
Cash and cash equivalents at the end
of the reporting period 111,247 157,583
----- End of picture text -----

The notes form part of these financial statements

Page 10

DARUL ULOOM AL ARABIYA AL ISLAMIYA NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2022

----- Start of picture text -----
1. Reconciliation of net expenditure to net cash flow from operating activities
2022 2021
£ £
Net expenditure for the reporting period (as per the Statement
of Financial Activities) (139,214) (64,154)
Adjustments for:
Depreciation charges 39,143 35,708
Decrease in debtors 20,317 2,884
Increase in creditors 111,036 62,259
Net cash provided by operations 31,282 36,697
2. Analysis of changes in net funds
At 1.9.21 Cash flow At 31.8.22
£ £ £
Net cash
Cash at bank and in hand 157,583 (46,336) 111,247
157,583 (46,336) 111,247
Total 157,583 (46,336) 111,247
----- End of picture text -----

The notes form part of these financial statements

Page 11

DARUL ULOOM AL ARABIYA AL ISLAMIYA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022

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.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

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 £215,868 (2021: £287,341). Financial liabilities held at amortised cost comprise all creditors except social security and other taxes £207,095 (2021: £94,653).

Page 12

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DARUL ULOOM AL ARABIYA AL ISLAMIYA NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022

2. Donations and legacies

Donations
Grants
School fees
Grants received, included in the above, are as follows:
Other grants
3.
Charitable activities costs
Charitable activities
4.
Support costs
Management
£
Charitable activities
459,011
Support costs, included in the above, are as follows:
Management
Wages
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Cleaning
Canteen
Travel expenses
Repairs and renewals
Depreciation of tangible and heritage
assets		 2022
£
84,088
-
736,759
820,847
2022
£
-
Support
Direct
costs (see
Costs
note 4)
£
£
447,994
512,067
Governance
Finance
costs
£
£
371
52,685
2022
Charitable
activities
£
100,498
22,103
7,588
128,831
1,088
9,053
9,100
3,449
123,141
1,850
13,167
39,143
459,011		 2021
£
116,655
61,129
533,941
711,725
2021
£
61,129
Totals
£
960,061
Totals
£
512,067
2021
Total
activities
£
84,115
20,817
6,750
61,702
1,092
4,100
10,914
3,127
51,628
2,583
34,850
35,708
317,386

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DARUL ULOOM AL ARABIYA AL ISLAMIYA NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022

4. Support costs - continued Finance

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |Charitable|Total| |activities|activities| |£|£| |Bank charges|371|2,951| |Governance costs| |2022|2021| |Charitable|Total| |activities|activities| |£|£| |Auditors' remuneration|3,600|3,600| |Accountancy and legal fees|49,085|80,038| |52,685|83,638|

----- End of picture text -----

5. Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021.

6. Staff costs

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |£|£| |Wages and salaries|523,648|425,599| |Social security costs|2,574|2,578| |-| |Other pension costs|1,111| |527,333|428,177|

----- End of picture text -----

The average monthly number of employees during the year was as follows:

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |Staff|66|50|

----- End of picture text -----

No employees received emoluments in excess of £60,000.

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DARUL ULOOM AL ARABIYA AL ISLAMIYA

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022

7. Tangible fixed assets

Cost
At 1 September 2021
Additions
At 31 August 2022
Depreciation
At 1 September 2021
Charge for year
At 31 August 2022
Net book value
At 31 August 2022
At 31 August 2021
8.
Debtors: amounts falling due within one year
Trade debtors
Other loans
Other debtors
Prepayments
9.
Creditors: amounts falling due within one year
Trade creditors
Taxation and social security
Other creditors		 Freehold
property
£
2,304,877
50,534
2,355,411
156,331
9,422
165,753
2,189,658
2,148,546		 Fixtures
and
fittings
£
901,761
27,084
928,845
726,588
29,721
756,309
172,536
175,173
2022
£
36,619
63,365
4,637
9,732
114,353
2022
£
33,394
-
173,701
207,095		 Totals
£
3,206,638
77,618
3,284,256
882,919
39,143
922,062
2,362,194
2,323,719
2021
£
66,393
63,365
-
4,912
134,670
2021
£
16,183
1,406
78,470
96,059

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DARUL ULOOM AL ARABIYA AL ISLAMIYA NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022

10. Movement in funds

At 1.9.21
£
Unrestricted funds
Unrestricted funds
2,519,913
TOTAL FUNDS
2,519,913
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
Unrestricted funds
820,847
TOTAL FUNDS
820,847
Comparatives for movement in funds
At 1.9.20
£
Unrestricted funds
Unrestricted funds
2,584,067
TOTAL FUNDS
2,584,067
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
Unrestricted funds
711,725
TOTAL FUNDS
711,725		 Net
movement
in funds
£
(139,214)
(139,214)
Resources
expended
£
(960,061)
(960,061)
Net
movement
in funds
£
(64,154)
(64,154)
Resources
expended
£
(775,879)
(775,879)		 At
31.8.22
£
2,380,699
2,380,699
Movement
in funds
£
(139,214)
(139,214)
At
31.8.21
£
2,519,913
2,519,913
Movement
in funds
£
(64,154)
(64,154)

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DARUL ULOOM AL ARABIYA AL ISLAMIYA NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022

11. Related party disclosures

There were no related party transactions for the year ended 31 August 2022.

Page 17

DARUL ULOOM AL ARABIYA AL ISLAMIYA DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022

----- Start of picture text -----
2022 2021
£ £
Income and endowments
Donations and legacies
Donations 84,088 116,655
Grants - 61,129
School fees 736,759 533,941
820,847 711,725
Total incoming resources 820,847 711,725
Expenditure
Charitable activities
Wages 423,150 341,484
Social security 2,574 2,578
Pensions 1,111 -
Books and School trips 21,159 27,842
447,994 371,904
Support costs
Management
Wages 100,498 84,115
Rates and water 22,103 20,817
Insurance 7,588 6,750
Light and heat 128,831 61,702
Telephone 1,088 1,092
Postage and stationery 9,053 4,100
Sundries 9,100 10,914
Cleaning 3,449 3,127
Canteen 123,141 51,628
Travel expenses 1,850 2,583
Repairs and renewals 13,167 34,850
Freehold property 9,422 9,220
Fixtures and fittings 29,721 26,488
459,011 317,386
Finance
Bank charges 371 2,951
Governance costs
Auditors' remuneration 3,600 3,600
Accountancy and legal fees 49,085 80,038
52,685 83,638
Total resources expended 960,061 775,879
Net expenditure (139,214) (64,154)
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