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2025-10-31-accounts

CHARITY REGISTRATION NUMBER: 1001136

WISE (Wycombe Islamic Society) Unaudited Financial Statements

31 October 2025

WISE (Wycombe Islamic Society) Financial statements Year ended 31 October 2025

Pages
Trustees' annual report 1 to 6
Independent examiner's report to the trustees 7
Statement of financial activities 8
Statement of financial position 9
Statement of cash flows 10
Notes to the financial statements 11 to 17
The following pages do not form part of the financial statements
Detailed statement of financial activities 18 to 19

WISE (Wycombe Islamic Society) Trustees' annual report Year ended 31 October 2025

The trustees are pleased to present their report alongside the unaudited financial statements for the year ended 31 October 2025.

Reference and administrative details

Registered charity name

WISE (Wycombe Islamic Society)

Charity registration number 1001136

Principal office Wycombe Islamic Centre

St Marks Close High Wycombe HP13 6GN Buckinghamshire

The trustees

Mr A Iqbal Mr A Waheed Mr R Shafi

Independent examiner

Chris Clarke (ACA) Indexam.co.uk

Introduction

WISE has expanded the programs and services, demonstrating our ongoing commitment to serving the needs of the local community while adhering to our core objectives of advancing Islamic knowledge, alleviating poverty, and fostering social cohesion.

Structure, governance and management

Organisational structure

WISE, established in 1991 and based in High Wycombe, is a UK-registered charitable trust managed by three trustees. The charity operates with the invaluable support of dedicated volunteers and two permanent employees. The employees include:

Governance and Oversight

The trustees meet regularly to review the charity's activities, set strategic direction, and ensure compliance with legal and regulatory requirements. They work closely with the Centre Manager and the Imam to align the charity's operations with its objectives. Volunteers are integral to the success of WISE, supporting everything from administrative tasks to the execution of community events and educational programs.

1

WISE (Wycombe Islamic Society) Trustees' annual report (continued) Year ended 31 October 2025

Objectives and activities

The primary objectives of WISE are to advance the religion of Islam and Islamic knowledge, relieve poverty, and serve the needs of the local community. These objectives guide all our activities, from daily prayers and religious classes to community service initiatives and global humanitarian aid.

In planning our activities, we continue to refer to the Charity Commission's guidance on public benefit. This ensures that our efforts not only align with our mission but also provide tangible benefits to the broader community.

Achievements and performance

Review of activities and future plans

Throughout 2025, WISE has remained steadfast in its commitment to serving both the local and global communities. Our activities are diverse, reflecting the wide-ranging needs of the people we serve.

Wycombe Islamic Centre and The Hive

The Wycombe Islamic Centre, also known as Masjid as-Salam, continues to be the heart of our operations. Purpose-built in 2009, it not only serves as a place of worship but also functions as a hub for community activities, classes, and events. The centre’s accessibility features, including on-site parking, wheelchair access, and a lift, ensure that it is welcoming to all, including the elderly and disabled. Initiatives to build community cohesion include WISE Sweepers, monitoring of parking issues, community iftar, and Ramadhan gifts to neighbours.

The Hive, our community facility established in 2018, has played a pivotal role in fostering social cohesion. It provides a dynamic space for people of different cultural backgrounds to meet and engage in various activities. The monthly Elders lunch club has provided a place for our respected elders from various communities to meet. The WISE Sisters Social brings women together to tackle loneliness. The Hive has also hosted the Listening Place in partnership with Wycombe Mind ,and partnered with carers Bucks to offer a Diverse Communities Carers Support Group. The Hive has also offered a means of engaging with nature, with the establishment of some beehives and the production of local honey.

Educational and Religious Activities

Education remains a cornerstone of our work. WISE offer a range of classes, from Quranic studies and Islamic teachings to subjects like English and and art. These cater to all ages and abilities, providing essential knowledge in both religious and secular fields.

This year, we introduced several new educational programs, including the Friday night lecture series on The Prophet’s Life, which has attracted significant interest. Lessons of faith from a medic who returned from Gaza was another highlight, sharing miraculous stories of unshakeable faith amongst the death and destruction.

Our Arabic and Quran classes are well-attended, with sessions designed for varying levels of proficiency, from beginners to advanced students. These classes, held both online and in-person, are open to men, women, and children. Additionally, our Islamic seminars have covered essential topics such as Introduction to Islam, Aqeedah (Islamic creed), Fiqh (Islamic jurisprudence), Tajweed (Quranic recitation), and Tafseer (Quranic exegesis) as well as social and family matters. Topics have included the billionaire who went to paradise, Knowing your enemy (Shaytan), Deepening relationship to the Quran, the mirror of the soul, life aspirations, Being Muslim in a godless world, Forgiveness, stories of early Muslim youth, Prophet Yousaf (Jospeh) AS, Pre-marriage workshop, the advice of Luqman for his child, brotherhood and sisterhood, preparing for death and workshop on how to wash and shroud the deceased. An adhan course and Tajweed course were offered by visiting scholar from Malaysia, who also ran sessions on calisthenics.

Welcome Home sessions for reverts (new Muslims) to meetup and reconnect with the faith and lectures on Introduction to Islam were held.

A winter conference was highly successful with Quran recitation and lectures on the Divine masterplan and path to glory.

2

WISE (Wycombe Islamic Society) Trustees' annual report (continued) Year ended 31 October 2025

Classes for women in Urdu on understanding the Quran have proved very popular. Some popular female speakers from the UK and abroad gave lectures on Islam, with women attending from many parts of the country.

Community and Social Activities

WISE has always prioritised community engagement, and this year was no exception. The open hour coffee evenings every Wednesday, have offered a casual, welcoming environment at the mosque for Muslims and non-Muslims alike to gather and converse. The Big Elders Lunch Club has grown in popularity, providing a much-needed social outlet for our senior members who come mainly from nonMuslim backgrounds. The mother & toddler group in the Hive has also grown in popularity providing a place for mother to meet and toddlers to play and learn. Fun activities like the family quiz and family charity bazaar helped bring families together.

A daily iftaar was offered at the masjid during Ramadhan, and free meals were delivered to people struggling with the cost of living.

Furthermore, we are offering the WISE Muslim Marriage Network, a new service aimed at supporting Muslim marriages in High Wycombe. WISE Sweepers is a well-received initiative to clean up the roads and parks in the neighbourhood.

Our annual "Eid in the Park" event was another highlight, attracting over 3,000 attendees at Adam’s park, Wycombe Wanderers football stadium. The second eid featured breakfast, funfair, stalls and various activities.

Health Activities

WISE also launched the WISE Wellness initiative, a comprehensive program designed to improve the health and well-being of our community members. This initiative includes special sessions on mental health, and ADHD and autism, addressing a critical need in today's society. The counselling service was also set up with support from the NHS Bucks Health & Social Care Academy (BHSCA). A workshop was also held on Healing through food, with grant funding. Also, vaccinations clinics were delivered at the mosque by a local GP and public health teams ,and other health related advice at the Hive.

The community and volunteers were given basic life support training by the British Islamic Medical Association (BIMA). Bucks Adult Learning ran a free Ramadan crafts course at the Hive. The Bucks healthcare NHS Trust ran a session on maternity, diabetes and weight loss at the Hive.

Youth Engagement and Sports

Youth engagement remains a priority for WISE. Our youth wings, Wycombe Islamic Network (WIN) for boys and ARISE for girls, continued to offer programs that engage young people in positive activities. Saturday Night Buzz has been particularly successful, offering a fun and educational environment for children to learn about their religion while participating in games and activities. Brothers Night, with food, socials, Islamic reminders and open discussions has also proved popular. Social events like Laser Tag, paintballing, Rush trampoline park, have offered fun engaging activities for the youth. the Saturday youth football has grown in popularity, with the teams entering tournaments. The boys and girls separate residential retreats have proved life-transforming for many of the attendees.

ARISE has focused on empowering young Muslim girls through sessions that tackle issues such as defending their faith, race, discrimination, and self-care. These programs aim to build confidence and resilience in our youth, preparing them to take on leadership roles within the community.

Swimming classes for Muslim women were started with a female lifeguard, Mother & daughter boxercise, and a women’s walking group have encouraged fitness.

In addition to these programs, WISE also runs the 28th Wycombe Muslim Scout group and including the relaunch of the Girl Scouts. These initiatives provide young people with opportunities to develop life skills, build friendships, and engage in outdoor activities.

A workshop was held to prepare young people for university, and career sessions, eg on leadership development.

3

WISE (Wycombe Islamic Society) Trustees' annual report (continued) Year ended 31 October 2025

Global Humanitarian Efforts: WISE Welfare

WISE Welfare, our humanitarian wing established in 2010, continues to make a significant impact both locally and globally. This year, we supported numerous international aid projects, including:

Locally, our WISE Hardship Fund provided vital support to individuals and families facing economic difficulties. We also contributed to local initiatives such as One Can Trust, and Wycombe Food Hub.

General Operations and Events

Our Centre Manager continues to play a crucial role in ensuring the smooth operation of all WISE activities. This year, we successfully organised a comprehensive holiday program for the community and hosted our second WISE Winter Conference in December 2025. The conference, largely organized by our young adults, was a resounding success, featuring inspiring talks from worldrenowned speakers.

WISE's regular activities, including daily and Jumuah prayers, have seen increased attendance, with over 500 participants regularly joining Friday prayers. We continue to provide facilities for both men and women, ensuring that everyone has the opportunity to participate in communal worship.

4

We launched a new refreshed and website WISE App, with prayer times, information on classes and events.

Financial Review

Total income for the year was £743,072 (2024: £853,018) and total expenditure was £762,067 (2024: £725,909), resulting in a net deficit for the year of £18,995 (2024: net income £127,109). The trustees are confident that the accumulated funds, combined with ongoing support from the local community, will be sufficient to meet the charity's objectives in the coming year.

Reserves Policy

The trustees review the level of reserves held by the charity on an annual basis. The trustees' policy is to maintain free reserves - being unrestricted funds available for general use - at a level sufficient to cover a minimum of six months of the charity's core operational expenditure. The charity's core operational expenditure, comprising staff costs, premises costs, programme and governance costs (as set out in Note 8), amounts to approximately £248,000 per annum. On this basis the trustees consider a minimum reserve of approximately £124,000 to be appropriate to protect the charity against unexpected shortfalls in income or unforeseen expenditure.

Restricted funds (comprising WISE Welfare donations raised for specific humanitarian appeals) are excluded from this calculation as they are not available for general operational use. At 31 October 2025 the charity held unrestricted funds of £2.4m and unrestricted cash of approximately £0.5m, representing approximately 24 months of core operational expenditure. This is in excess of the minimum target. The trustees are satisfied that the level of reserves held is appropriate given the following considerations:

The trustees will keep under review whether any portion of unrestricted reserves should be formally designated for specific purposes and will make any such designation in the year in which the purpose is sufficiently certain. The trustees are satisfied that the charity is not holding excessive reserves and that the funds held above the minimum target are genuinely available to further the charity's charitable purposes.

Principal risks and uncertainties

The trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise, to provide reasonable assurance that the charity's assets are safeguarded, that transactions are authorised and properly recorded, and that material errors or irregularities are either prevented or detected. The trustees have identified the following as the principal risks facing the charity and the steps taken to manage them:

Financial risk: The charity is dependent on voluntary donations from the local community and the public for the majority of its income. A significant reduction in donations could adversely affect the charity's ability to fund its activities. The trustees mitigate this risk by maintaining reserves in excess of the minimum policy target, by diversifying income across multiple channels (public collections, standing orders, online giving platforms, Gift Aid reclaims and rental income from the charity's freehold property), and by monitoring income levels on a regular basis.

Overseas disbursement risk: A significant proportion of the charity's expenditure is disbursed to overseas partner organisations for humanitarian relief purposes. The trustees mitigate this risk by conducting due diligence on all partner organisations prior to engagement, including verification of local registration, identification of lead personnel, and review of previous delivery track record. All overseas transfers require approval by a second signatory. Partners are required to provide invoices prior to payment and delivery reports including photographic evidence on completion. The trustees also check partners and beneficiaries against sanctions lists and use UK-registered intermediary charities with appropriate authorisations where funds are directed to high-risk jurisdictions.

Safeguarding and reputational risk: As a community and faith organisation the charity works with vulnerable adults and children through its welfare and educational activities. The trustees mitigate this risk by ensuring that appropriate safeguarding policies are in place and reviewed regularly, and by maintaining transparency in the charity's operations and financial reporting.

5

Operational risk: The charity is largely volunteer-run and dependent on a small number of key volunteers and staff. The trustees mitigate this risk by maintaining clear operational procedures and by ensuring that financial controls require dual authorisation for material transactions.

Property risk: The charity owns a freehold mosque and community centre. The trustees mitigate the risk of unexpected property costs by maintaining adequate insurance cover and by holding reserves above the minimum policy target to fund maintenance and improvement works as required.

Conclusion

The trustees are proud of the progress WISE has made in 2025. We have continued to expand our services and strengthen our community. We look forward to building on this success in the year ahead, with new initiatives and continued dedication to our mission.

The trustees' annual report was approved on 31 August 2026 and signed on behalf of the board of trustees by:

________ Amjad Iqbal Trustee

6

WISE (Wycombe Islamic Society) Independent examiner's report to the trustees Year ended 31 October 2025

I report to the trustees on my examination of the financial statements of WISE (Wycombe Islamic Society) ('the charity') for the year ended 31 October 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

________ Chris Clarke (ACA) Independent Examiner

12 Red Lion Mews, Odiham, RG29 1HP

Dated: 31 August 2026

7

2025

WISE (Wycombe Islamic Society) Statement of Financial Activities Year ended 31 October 2025

Note
Income and endowments
Voluntary income
4
Charitable activities
5
Investment income
6
Total income
Expenditure Charitable activities:
Relief of poverty (WISE Welfare)
7
Grant paid
Advance Islam and Islamic Education:
Expenditure on other resources
8
Total expenditure
Net income
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Note
Income and endowments
Voluntary income
4
Charitable activities
5
Investment income
6
Total income
Expenditure Charitable activities:
Relief of poverty (WISE Welfare)
7
Grant paid
Advance Islam and Islamic Education:
Expenditure on other resources
8
Total expenditure
Net income
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted funds
£
169,014
64,011
71,555
304,580
-
(6,750)
(248,455)
(255,205)		 Restricted funds
£
455,760
-
-
455,760
(507,003)

-
-
(507,003)		 Total funds
£
624,774
64,011
71,555
760,340
(507,003)
(6,750)
(248,455)
(762,207)
49,375 (51,243) (1,868)
13,280
62,655
2,221,217
2,283,872
Unrestricted funds
£
128,036
44,375
59,920
232,331
-
(9,701)
(188,576)
(198,277)		 (13,280)
(64,523)
783,324
718,801
2024
Restricted funds
£
620,687
-
-
620,687
(526,780)
-
(852)
(527,632)		 -
(1,868)
3,004,541
3,002,673
Total funds
£
748,723
44,375
59,920
853,018
(526,780)
(9,701)
(189,428)
(725,909)
127,109
-
127,109
2,877,432
3,004,541
34,054 93,053
(28,861)
5,193
2,216,024
2,221,217		 28,861
121,916
661,408
783,324

8

WISE (Wycombe Islamic Society) Statement of Financial Position 31 October 2025

Note
Fixed assets
Tangible fixed assets
13
Current assets
Cash at bank and in hand
Creditors: amount falling due within one year
14
Net current assets
Total assets less current liabilities
Net assets
Funds of the charity
Restricted funds
Unrestricted funds
Total charity funds
16		 2025
£
1,860,032
1,144,399
(1,759)
1,142,640
3,002,673
3,002,673
718,801
2,283,872
3,002,673		 2024
£
1,891,741
1,114,561
(1,761)
1,112,800
3,004,541
3,004,541
783,324
2,221,217
3,004,541

These financial statements were approved by the board of trustees and authorised for issue on 31 August 2026, and are signed on behalf of the board by:

Mr A Iqbal Trustee

Mr R Shafi Trustee

9

WISE (Wycombe Islamic Society) Statement of Cash Flows Year ended 31 October 2025

Cash flows from operating activities
Net (deficit)/income for the year
Adjustments for:
Depreciation charges
(Decrease)/increase in creditors
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Change in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2025
£
(1,868)
33,658
(2)
31,788
(1,950)
(1,950)
29,838
1,114,561
1,144,399		 2024
£
127,109
34,575
-
161,684
(8,215)
(8,215)
153,469
960,713
1,114,561

10

WISE (Wycombe Islamic Society) Notes to the Financial Statements Year ended 31 October 2025

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Wycombe Islamic Centre, St Marks Close, High Wycombe, HP13 6GN, Buckinghamshire.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for a particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.

11

WISE (Wycombe Islamic Society) Notes to the Financial Statements (continued) Year ended 31 October 2025

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

12

WISE (Wycombe Islamic Society) Notes to the Financial Statements (continued) Year ended 31 October 2025

3. Accounting policies (continued)

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Voluntary income

Donations
Public and book shop donations
WISE Welfare donations
Grants
Grants receivable
Donations
Public and book shop donations
WISE Welfare donations
Grants
Grants receivable		 Unrestricted
Funds
£
169,014
-
169,014
Unrestricted
Funds
£
127,016
-
1,020
128,036		 Restricted
Funds
£
25,266
413,226
17,268
455,760
Restricted
Funds
£
4,530
610,297
5,860
620,687		 Total Funds
2025
£
194,280
413,226
17,268
624,774
Total Funds
2024
£
131,546
610,297
6,880
748,723

13

WISE (Wycombe Islamic Society) Notes to the Financial Statements (continued) Year ended 31 October 2025

5. Charitable activities
HMRC - tax credit
6. Investment income
Rental income
7. Costs of charitable activities
Donations paid
Donations paid		 Unrestricted
Funds
£
64,011
Unrestricted
Funds
£
71,555		 Unrestricted
Funds
£
64,011
Unrestricted
Funds
£
71,555		 Total Funds
2025
£
64,011
Total Funds
2025
£
71,555
Unrestricted
Funds
£
6,750
Unrestricted
Funds
£
-		 Total Funds
2025
£
64,011
Total Funds
2025
£
71,555
Unrestricted
Funds
£
6,750
Unrestricted
Funds
£
-		 Unrestricted
Funds
Total Funds
2024
£
£
44,375
44,375
Unrestricted
Funds
Total Funds
2024
£
£
59,920
59,920
Restricted
Funds
Total Funds
2025
£
£
507,003
513,753
Restricted
Funds
Total Funds
2024
£
£
526,780
526,780
Unrestricted
Funds
£
6,750
Unrestricted
Funds
£
-		 Restricted
Funds
£
507,003
Restricted
Funds
£
526,780

During the year WISE Welfare made donations to

----- Start of picture text -----
Country 2025 2024
Afghanistan - 5,500
----- End of picture text -----

Bangladesh - Rohingya 21,630 39,903
Egypt 27,020 4,510
India 4,722 25,307
Jordan 935 -
Lebanon 5,000 3,750
Morocco 18,010 35,885
Nigeria 120,116 148,570
Pakistan 92,923 54,378
Palestine 99,206 97,700
Sierra Leone 1,700 10,510
Sudan 13,500 -
Uganda 56,585 48,475
UK 18,556 34,182
Yemen 27,100 18,110
Total 507,003 526,780

14

WISE (Wycombe Islamic Society) Notes to the Financial Statements (continued) Year ended 31 October 2025

8. Expenditure on other resources
Unrestricted
Funds
£
Governance costs and other resources
expended
248,314
Unrestricted
Funds
£
Governance costs and other resources
expended
188,576
9. Net income
Net income is stated after charging/(crediting):
Depreciation of tangible fixed assets
10. Independent examination fees
Fees payable to the independent examiner for:
Independent examination of the financial statements		 Restricted
Funds
£
-
Restricted
Funds
£
852
2025
£
33,658
2025
£
-		 Total Funds
2025
£
248,314
Total Funds
2024
£
189,428
2024
£
34,575
2024
£
-

11. Staff costs

The average head count of employees during the year was 2 (2024: 2). The average number of full-time equivalent employees during the year is analysed as follows:

Imams
Manager		 2025
No.
1
1
2		 2024
No.
1
1
2

No employee received employee benefits of more than £60,000 during the year.

12. Trustee remuneration and expenses

All trustees are volunteers and render their services free of charge. No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

15

WISE (Wycombe Islamic Society) Notes to the Financial Statements (continued) Year ended 31 October 2025

13. Tangible fixed assets

Cost
At 1 November 2024
Additions
31 October 2025
Depreciation
At 1 November 2024
Charge for the year
At 31 October 2025
Carrying amount
At 31 October 2025
At 31 October 2024
reditors: amounts falling due within one year
Trade creditors
Accruals and deferred income
Social security and other taxes
Other creditors		 Land and
buildings
£
2,082,247
-
2,082,247
216,660
28,037
244,697
1,837,550
1,865,588		 Fixtures and
fittings
£
80,092
1,950
82,042
53,939
5,621
59,560
22,482
26,153
2025
£
-
-
1,153
606
1,759		 Total
£
2,162,339
1,950
2,164,289
270,599
33,658
304,257
1,860,032
1,891,741
2024
£
-
-
1,142
619
1761

14. Creditors: amounts falling due within one year

15. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £3,265 (2024: £1,621).

16. Analysis of charitable funds

Unrestricted funds

General funds
General funds		 At
1 November
2024
£
2,221,217
At
1 November
2023
£
2,216,024		 Income
£
304,580
Income
£
232,331		 Expenditure
£
(255,205)
Expenditure
£
(198,277)		 Transfer
between
funds
£
13,280
Transfer
between
funds
£
(28,861)		 At
31 October 2025
£
2,283,872
At
31 October 2024
£
2,221,217

16

WISE (Wycombe Islamic Society) Notes to the Financial Statements (continued) Year ended 31 October 2025

Restricted Fund

At
1 November
2024
£
Restricted funds
783,324
At
1 November
2023
£
Restricted funds
661,408		 Income
£
455,760
Income
£
620,687		 Expenditure
£
(507,003)
Expenditure
£
(527,632)		 Transfer
between
funds
£
(13,280)
Transfer
between
funds
£
28,861		 At
31 October 2025
£
718,801
At
31 October 2024
£
783,324

17. Analysis of net assets between funds

Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets		 Unrestricted
Funds
£
1,860,032
425,599
(1,759)
2,283,872
Unrestricted
Funds
£
1,891,741
331,238
(1,761)
2,221,218		 Restricted
Funds
£
718,801
-
718,801
Restricted
Funds
£
-
783,323
-
783,323		 Total Funds
2025
£
1,860,032
1,144,399
(1,759)
3,002,673
Total Funds
2024
£
1,891,741
1,114,561
(1,761)
3,004,541

17