Charity No:_ SC031399 Madrasatul Imam Mohammad Zakariya Financial Statements For the year ended 31 March 2024 Madrasatul Imam Mohammad Zakari SC031399 Information For the year ended 31 March 2024 Trustees: Contact Address.. 4042 Strathem Road Broughty Ferry Dundee DD5 IPN Accountant: Douglas J Martin & Co 40-42 Brantwood Avenue Dundee DD3 6EW Charity Number: SC031399 Madrasatul Imam Mohammad Zakari SC031399 ort to the Trustees Trustees of the Madrasatul Imam Mohammad Zakariya During the financial year to 31 March 2024, the Trustees were as follows.. All Trustees were appointed in terms of the constitution of the Charity. Alms and Ob ertlves To create an awareness of151am through the advancement of Islamic Education. Make adequate provision for higher studies of the Holy Quran, the Hadith and Islamic history, philosophy and secular edu(ation and other related subjects. To promote andlor carry oul research. To provide advice. To publish or distribute information. To Co-operate with other bodies. To support, administer or set up other charities. Trustees. res nslbilities in relation to the Financial Statements It is the responsibility of the Tru5tee5 to prepare financial statements for each Ilnancial yearwhich give a true and fair view of the Choritv's financial activities during the year and of ils financial position at the year end. In preparing those h'nancial statements, the trustees will.. Select suitable accounting policies and apply them consistently. Make judgement5 and estimates that are reasonable and prudent. State whether applicable accountinE stsndard5 have been followed, subject to anv 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 operdtion. The Trustees are responsible for keeping proper accounting records which disclose, with ￿aSOnable accuracy at any time, the financial position of the Charity and enable them to ensure that the financial position of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved on behalf of the Trustees Madrasatul Imam Mohammad Zakari a- SC031399 Statement of Financial Activities Incorporating an Income and Expenditure Account For year ended 31 March 2024 2024 Fund Re*rftled 2023 Funds Rearf¢i•d Futtds Unr•*rf¢•d Funds Unre&rfced Grants A￿e1 3S,383.72 4,6rA). 4S.071.16 4.930.OD Membery&hP & aass F 39,983.72 50.001 16 Pa￿ne￿¢S B,34B 67 4,235.68 3,127.44 3S,471 84 .071 20 3.￿0 2S 5.561 48 25.035.07 Heat & knght Reni & Raies MarteDance AcccwnlatKy Feo Tow Exp•frJs• 51,183.63 43.117 98 PET Movernerrt Toial 6.883 1B I bal from 20 Prewws yr3d1L￿Irn￿t eJlAS at 31 March 2024 13.629 ?5 fj,746.17 2.429.44 13,629.35 Madrasatul Imam Mohammad Zakari SC031399 Statement of Financial Activities Incorporating an Income and Expenditure Account For Year ended 31 March 2024 2Q24 Funds R•*A¢t•d 2023 Fund$ Unr•*rf¢•d Fwnds Fund8 Cash & Ca&h EquTha*rtts 2.429.41 13.829.8S Totsl Alwts 2,429.44 13,629.3S 1429.44 13,U9.3S Lknrosth¢i￿ FurMI$ ReSt￿le0 F￿￿$ 2.429.44 I3.￿9.￿$ 13.ts29 15 The Finantial statements on pages 3-5 were approved by the Trustees and signed on their behalf, by- Madrasatul Imam Mohammad Zakari a- SC031399 l. Accounting Policies The financial statements have been prepared under the Historical Cost Convention and in accordance with the Statement of Recommended Practice ISORPI "Accounting and Reporknng by Charities" and the Charities Accounts (Scotlandl Regulations 1992. Income Income is credited to the financial statements in the year in which it is receivable arsd is shown gr055 of tax. b. Capital £xpenditure Resources expended on alienable assets are written off in the year in which it occurred. Fund Accounting General funds are unrestricted funds which are available for use at the direction of the Management Committee in furtherance of the generdl objectives of the Charity and which have not been designated for other purposes. Designated funds compromise unrestricted funds that have been set aside by the Management Committee for articular purposes. The aim and use of each designated fund is set out to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering these funds are charged against specific funds. The aim and use of each restricted fund is set out in the notes to the linancial statements. Investment income and gain5 are allocated to the appropriate funds. Madrasatul Imam Mohammad Zakari - SC031399 I report on the accounts of the Charity for the year ended 31 March 2024 which are set out of page5 Retrospertive responsibilities of the trustees and examlner The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment Iscotlandl Act 2005 and the Charities Accounts Iscotlandl Regulations 2006. The Charity consider that the audit requirements of regulation 10111 lal- Icl of the Accounts Regu13tion5 does not apply. It is my responsibility to examine the accounts as required under section 44111 Icl of the Act and to state whether particular matters have come to my attention. Basi5 of Independent Exaffliner's Statement My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotlandl Regulations Act. An examination includes a review of the accounting records kept by the charity and tomparison of the accounts presented with those record5. It also inclu(les consideratfon of anv unusual item5 or disclosures in the accounts, and seek explanation from the Trustees concerning any such matters. The procedures undertaken to not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Independent Exarnlner's ststement In the course of my examination, no matter has come to my attention l. Which 8ives me reasonable cause to believe that in any material respect of the requirements, To keep accounting records in accordance with Section 44111 lal of the 2005 Act and Regulation 4 of the 2CM]6 Accounts Regulations, and To prepare accounts which accord with ihe accounting records and comply with Regulation 8 of the 2006 Accounts Regulations Have not been met, or 2. To which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. artere cc.c)iJn an epen xaminei 4042 Brantwood Avenue Dundee DD3 6EW Date: