2021-12-31-accounts - Madrassa Zia-Ul Quran

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MADRASSA ZIA UL QURAN

(MOSQUE AND RELIGIOUS TEACHING INSTITUTE)

218-220 & 233 ST SAVIOURS ROAD ALUM ROCK BIRMINGHAM

F I N A N C I A L S T A T E M E N T S

YEAR ENDED 31 DECEMBER 2021

KAISER NOUMAN NATHAN LLP

57 ALFRED STREET SPARKBROOK BIRMINGHAM B12 8JP

M.165/MN/HQ

30 JUNE 2022

MADRASSA ZIA UL QURAN

(MOSQUE AND RELIGIOUS TEACHING INSTITUTE)

YEAR ENDED 31 DECEMBER 2021

C O N T E N T S ASSOCIATION INFORMATION MANAGEMENT COMMITTEE REPORT REPORT OF THE INDEPENDENT EXAMINER STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE ACCOUNTS	PAGE 1 2 3 4 5 6-7

MADRASSA ZIA UL QURAN

(MOSQUE AND RELIGIOUS TEACHING INSTITUTE)

YEAR ENDED 31 DECEMBER 2021

ASSOCIATION INFORMATION

CHARITY REGISTRATION NUMBER	518022
CHAIRPERSON	MR KHAWAJA MOHAMMED SHAFIQUE
TREASURER	MR MOHAMMAD YOUNIS
SECRETARY	MR MUHAMMAD NAWAZ
PRESIDENT	MR MOHAMMED YOUNAS
ADDRESS	233 ST SAVIOURS ROAD
	SALTLEY
	BIRMINGHAM
	B8 1ER
INDEPENDENT EXAMINER	KAISER NOUMAN NATHAN LLP
	57 ALFRED STREET
	SPARKBROOK
	BIRMINGHAM
	B12 8JP
BANKERS	BARCLAYS BANK PLC
	534 COVENTRY ROAD
	SMALL HEATH
	BIRMINGHAM
	B10 0UZ

MADRASSA ZIA UL QURAN

(MOSQUE AND RELIGIOUS TEACHING INSTITUTE)

REPORT OF THE MANAGEMENT COMMITTEE

The Trustees present their report and the financial statements for the year ended 31 December 2021

FORMATION STATUS AND PRINCIPAL ACTIVITIES

Madrassa Zia Ul Quran (formed on 21 January 1977) is registered with the Charity Commission (No. 518022) and is constituted under a Deed of Trust.

The Charity is administered by a ‘Trust Committee’ (Members called Trustees) details of which are given in the attached schedule.

The principal object of the Charity is to provide a place of worship and religious teaching and education for the benefit of local Muslim Community.

REVIEW OF ACTIVITY

Funds are being held in cash to finance building expansion and possible investment to ensure future operation and revenues.

TRUSTEES RESPONSIBILITIES

The Trustees are required to prepare financial statements for each financial year as required by the Charity Commission rules and regulations.

The Trustees are responsible for keeping proper accounting records which disclose; with reasonable accuracy, the financial position of the Charity and to ensure that the Financial Statements comply with the Charity Commission rules. 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.

FOR AND ON BEHALF OF THE TRUSTEES

MR KHAWAJA MOHAMMED SHAFIQUE Chairperson

30 June 2022

INDEPENDENT EXAMINER’S REPORT TO THE MANAGEMENT COMMITTEE OF

MADRASSA ZIA UL QURAN

I report on the accounts of the charity for the year ended 31 December 2021 which are set out on pages 4 to 7.

RESPECTIVE RESPONSIBILITIES OF OFFICERS AND EXAMINER

The charity’s officers are responsible for the preparation of the accounts. The charity’s officers consider that audit is not required for this year under Section 144(2) of the Charities Act 2011 (The 2011 Act) and that an Independent Examiner is needed.

It is our responsibility to:

examine the accounts under Section 145 of the 2011 Act;
follow the procedures laid down in the general Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act; and
state whether particular matters have come to my attention.

BASIS OF INDEPENDENT EXAMINER’S STATEMENT

Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Officers concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINER’S STATEMENT

In connection with my examination, no matter has come to my attention:

1 which gives me reasonable cause to believe that, in any material respect, the requirements:
to keep accounting records in accordance with Section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act.

Have not been met;or

2 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

______

Kaiser Nouman Nathan LLP 57 Alfred Street Sparkbrook Birmingham B12 8JP

30 June 2022

MADRASSA ZIA UL QURAN

(MOSQUE AND RELIGIOUS TEACHING INSTITUTE)

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 DECEMBER 2021

INCOME AND EXPENDITURE INCOME AND ENDOWNMENTS FROM Donations and Legacies Other Income TOTAL EXPENDITURE ON Charitable Activities TOTAL NET INCOME / (EXPENDITURE) FUNDS BALANCES B/F 1.12.20 FUNDS BALANCES C/F 31.12.21	Notes 4	2021 Unrestricted Funds £ 151,997 11,758 _ 163,755 __ 102,760 _ 102,760 _ 60,995 1,713,112 ____ 1,774,107 =========	2020 Unrestricted Funds £ 83,360 25,591 _ 108,951 __ 89,756 _ 89,756 _ 19,195 1,693,917 ____ 1,713,112 =========

MADRASSA ZIA UL QURAN

(MOSQUE AND RELIGIOUS TEACHING INSTITUTE)

BALANCE SHEET AS AT 31 DECEMBER 2021

----- Start of picture text -----
Notes 2021 2020
£ £ £ £
FIXED ASSETS
Tangible Assets 3 1,342,447 1,371,095
CURRENT ASSETS
Debtors and Prepayments 2,894 4,032
Cash at Bank 429,529 338,552
Cash in Hand 320 460
__ _
432,743 343,034
__ _
CREDITORS: Due within one year
Creditors and Accruals 5 1,083 1,017
_ _
NET CURRENT ASSETS 431,660 342,017
_ _
TOTAL ASSETS 1,774,107 1,713,112
========= =========
FUNDS
Unrestricted 1,774,107 1,713,112
========= =========
Approved on behalf of the Trustees
----- End of picture text -----

MR KHAWAJA MOHAMMED SHAFIQUE Chairperson

30 June 2022

MADRASSA ZIA UL QURAN

NOTES TO THE ACCOUNTS

(MOSQUE AND RELIGIOUS TEACHING INSTITUTE)

YEAR ENDED 31 DECEMBER 2021

1) ACCOUNTING POLICIES

(a) Convention

The accounts have been prepared in accordance with the historical cost convention and in accordance with applicable accounting standards and the statement of Recommended Practice on Accounting by Charities (2005).

(b) Depreciation

Depreciation is provided on tangible fixed assets in order to write off those assets over their anticipated useful lives. The bases and rates used are as follows:

Freehold Property - 2% per annum on net book value Fixtures, Fittings and Equipment - 15% per annum on net book value

(c) Income

Income is included in the income and expenditure account at their due date.

2) BANK INTEREST

Bank interest is included in the income and expenditure account on receipt, at its gross amount.

3) TANGIBLE ASSETS COST At 31 December 2020 Addition At 31 December 2021 DEPRECIATION At 31 December 2020 Charge for the year At 31 December 2021 NET BOOK VALUE At 31 December 2021 At 31 December 2020	Freehold Property £ 1,866,684 - _ 1,866,684 505,021 27,233 _ 53,2254 1,334,430 =========== 1,361,663 ===========	Fixtures Fittings And Equipment £ 57,610 - __ 57,610 48,178 1,415 ____ 49,593 8,017 ========= 9,432 =========	Total £ 1,924,294 - _ 1,924,294 553,199 28,648 _ 581,847 1,342,447 =========== 1,371,095 ===========
		= =

MADRASSA ZIA UL QURAN

(MOSQUE AND RELIGIOUS TEACHING INSTITUTE)

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2021

4) CHARITABLE ACTIVITIES Rates and Insurance Accountancy and Book Keeping Wages and NIC Telephone Fax Internet Service and Postage Light and Heat Repairs and Alarm Maintenance Cleaning and Waste disposal Depreciation Books and Stationery Sundry Expenses 5) CREDITORS AND ACCRUALS Book Keeping and Accountancy Light and Heat PAYE	2021 Unrestricted £ 6,065 1,182 32,652 769 15,312 9,694 4,703 28,648 1,425 2,310 _____ 102,760 =========== 2021 Unrestricted £ 690 323 70 ___ 1,083 =========	2020 Unrestricted
		£ 3,853 1,218 29,090 510 13,184 7,256 4,591 29,454 230 370 _____ 89,756 =========== 2020 Unrestricted
		£ 702 315 - ___ 1,017 =========