Charity Reglstration No. 1010697 Company Reglstration No. 02450947 (England and Wales) THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees MrAltaf Ahmed Miss Nighat Basharat MrAurangzeb Chaudry Mr Ishfaq Hussain MrTariq Hussain Mr Irfan Khan Mr Sajid Mahmood Mrs Meamuna Rehman Secrotary MrAltaf Ahmed Chief Executive DrAbdul Rob Charity number 1010697 Company number 02450947 Independent examlner G Wade BAACA BK Plus Limited Cannon House Rulland Road Sheffield S3 8DP Bankers Uoyds Bank plc P.0. Box 85 14 Church Street Sheffield South Yorkshire S1 1HP
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED CONTENTS Page Trustees, r6POrt Independent examineffs report Statement of financial activities Balance sheet Notes to the financial statements 8-18
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance wtth the acGounting policies set out in note 1 to the financial statements and comply with the Charitys governing document. the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their aGcounts in accordance with the Financial Reporting Standard applicable In the UK and Republ1¢ of Ireland (FRS 102}" (effective 1 January 2019). Objectlves and activities The Charity's principal activity is to operate the Paknstan Muslim Centre at Woodboum Road, Sheffield with the objective, to be directed wholly or mainly to the benefrt of the Musllm Community, to enhance and develop the publlc knowledge, understanding and appreciation of Pakistan Muslim culture in the City of Sheffield through a programme of activities including education and training, mental health and wellbeing project known as "Being There" women's activities, children and adult mentoring support, tsckling health inequalities through medical student placement at the Pakistan Muslim Centre. translation, interpretation and advice. The policies adopted in furtherance of these objects are: to provide and promote the provision of facilities in the interests of social w6lfare and for recreation and leisure time occupations. to advance knowledge, understanding and appreciation of Pakistan Muslim culture., to promote such other charitable objects for the benefrt of said Pakistani Muslim culture and there has been no change in these during the year. The Trustees have paid dug regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake. The Trustees hav6 paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake. Achievements and perfomiance The financial year ending 31st March 2025 unfolded amidst ongoing economic pressures,rtsing living cosls and increasing demand for community-based support services, disproportionately affecting marginalised and underr&presenled communities in Sheffield parttcularfy BAMER (Black. Asian, Minority Ethni¢ and Refugee) groups. Against this backdrop the Pakistan Muslim Centre (PMC) demonstrated resilience, strong governance and a steadfast commitment to its mission. The Centre SucssfullY mainlained continuity of seNices while adapting delivery models to address increasingly complex needs, consolidating its position as a trusted anchor organisation within BAMER Communities. The PMC delivered culturally sensitive services aimed at reducing inequality, improving health and wellbeing and strengthening social cohesion. Despite financial uncertainty across th6 voluntary sector the PMC sustained core provision, expanded its reach, strengthened strategic partnerships and reinforced organisational foundations. Supporting communities through the cost-of-living crisis remained a central focus. Famllies and indlviduals faced heightened pressures from rising energy. food and housing costs. alongside uncertalnties in employment and welfare. The PMC implemented practical community-led approaches to enhance financial stability and wellbeing including targeting one-to-one advice on welfare benefits, debt management and access to local support services alongslde signposting to employment and training opportunities, job readiness programmes, apprenticeships and vocational courses. Community resource sharing initiativas offered energy-saving guidance, affordable food access and health service signposting. A pivotal part of this work was Radio Link FM (96.7 FM), PMC community radio station which delivered programmes in actsssible languages covering employment, welfare, health, mental wellbeing and community safety. By countering misinformation, reducing isolation and ensuring timely access to critical information the ststion reached thousands of listeners weekly. A key milestone wa5 the successful renewal of the Radio Link FM license for a further five years. securing its future. Listener feedback ernphasised the station's role in improving confidence, awareness and community cohesion.
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The PMC maintained a strong focus on mental health and wellbeing. addresslng issues such as isolation, stress, anxiety and poor outcomes particularly among socially excluded groups. Key initiatives included the 'Being There, Mental Health Project supported by Sheffield Health Partnership University NHS Foundation Trust: the Social Cafe Project funded through Sheffield City Council's Connecting Communities Programme and the Type 2 Diabetes Support Programme funded by South Yorkshire Integrated Care Board. The programmes proved safe, inclusive and culturally appropriate spaces for structured group acllvities, peer support, confidence-building sessions and life skills development. Over 1.200 indlviduals participated reporbng improved confidence, reduced isolation, stronger coping strategies and In many cases progression into employment, training or volunteering. In addition over 50 children were taught Urdu at the weekend. The PMC continued to foster community cohesion through cultural and social events celebrating faith. identity and inclusion. Kay events included the Health Lifestyle Project Open Day, Community Iftar during Ramadan, the annual Radio Link FM Celebration and Pakistan Independence Day celebrations. Across the year more than 8,500 attendees participated with feedback consistently highlighting enhanced community. mutual understanding and trust between communities and service provid8rs. Strategic partnerships played a crttical role in the PMC'S success. Collaborations with statutory, voluntary and academic partners strengthened service delivery and responsiveness to local needs. Key partners included Sheffield City Council. Sheffield Health Partnership University NHS Foundation Trust. the University of Sheffield Medical School, Sheffield Hallam University, South Yorkshire Community Foundation, Voluntary Action Sheffield, South Yorkshire Fire and Rescue Service. the Department for Work and Pensions, South Yorkshire Integated Care Board, UK Shared Prosperity Fund-Low Carbon Grant and local mosques and community organisations. These partnerships enhanced referral pathways, ¢delIVered SeiceS and shared expertise, expanding reach and improving outcomes for service users. The PMC also advanced financial sustainability and organisational strength. Income from business units, including office rentals, the Lower Training Building. catering kitchen operations and external sheds enabled the Centre to cover core operational costs independently. This achievement reduced reliance on external grant funding and aligns with long-term strategic objectives allowing the Board of Trustees to focus on growth, service innovation and long-temi planning. Summary The financial year ending 31 March 2025 was one of resilience, consolidation and measurable progress for the PMC. Despite rlsing economic pressures and growing community needs the Centre sustained and enhanced its Core services, expanded outreach and strengthened strateg1¢ partnerships. Key achievements included supporting over 1,200 indlvldu8ls through mentsl health and wellbeing programm8s, reaching thousands via Radio Link FM and engaging more than 8,500 participants in cultural and community events. StrateglG collaborations improved service delivery and responsiven8ss while investments in facilities and infrastructure enhanced accessibility and comfort. Financially the PMC moved toward greater self-reliance securing income streams to sustain operations and enable future growth. The dedication of staff, volunteers, trustees, partners and funders ensures that the PMC remains a vital. culturally s8nsitive community hub, delivering a lasting positive impact across Sheffield and beyond. Flnancial review It is the policy of the Charity that unrestricted fvnds which have not been designated for a specTrlc use should be maintained al a level equivalent to between three and six months, expenditure. The Trustegs considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. The Charity aims to have at least six months of core staff 5alartes and running costs in the form of general unrestricted reserves. The reseNes are held to ensure that the core costs are met in the event of a reduction in Ihe level of fijndlng reiVed and this is the bare minimum the Trustees deem aGceptsble. There are no freely available general reserves for the Charity on a standalone basis (2024 - £Nil).
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees have assessed the major risks to which the Charity is exposed, in particular those rdating to the operations and finances of the Charity and are satisfied that systems are In place to mttigate exposJJr@ to major risks. The results for the year. tog8ther with details of income and expenditure are set out on the Statement of Financial Activltles on page 6. the accounts show a surplus of £18.825 (2024 . £2.950) for the year. The Trustees recognise that it is essential to develop a transparent and meaningful partnership wh the community. Sh8ffield City Council {SCC) and other fvnding bodies in order to enable the PMC to become a self sustainlng company and no effort will be spared to establish this system so that all sections of the community participate in the future of this much needed Centre. Structure, governance and management The Charity is a company limited by guarantee. The Pakistan Muslim C9ntre (Sheffield) Limited (hereinafter called the Charity) is both a registered Charity and company limited by guarantee having no share capital. It is govemed by its Memorandum of Articles of Association and was incorporated on 11 December 1989. The Memorandum ofArticles ofAssociation were amended by special resolution dated 4 September 1991 and 8 Novernber 1992 and re-amended by special resolution dated 30 April 2015. Every member promises. to pay up to £1 towards the costs of dissolution and the liabilities incurred by the Charfty while the contributor was a member. The Trustees, who are also the directors for the purpose of company law. and who served during the year were ', Mr Altaf Ahmed Miss Nighat Basharat MrAurangzeb Chaudry Mr Ishfaq Hussain Mr Tariq Hussain Mr Irfan Khan Mr Sajid Mahmood Mrs Meamuna Rehman The Pakistan Muslim Centre board delegated powers to Dr Abdul Rob, the Chief ExecutNe Officer. to undertake the daily operational duties. The principal activity of the Charity is to operate the Pakistan Muslim Centre at Woodbourn Road, Sheffield for the benefit of the Pakistan Muslim and other BAME community in Sheffield. The Trustees have paid due regard to guidance issued by th8 Charlty Commission in deciding what activlties the Charity should undertake. All Directorsrrrustees must retire every five years but may offer themselves for re-election after the expiry of twelve calendar months from th8 date of resignation. If no women are elected at a general meeting then the Trustees must GO-OPt 3 women trustees with full voting rights. The Trustees when complete consist of up to nine persons being members elected at a general meeting of which three must b8 women. The Trustees may amend the maximum number of Trustees by passing and ordinary resolution. The Trustees must choose from amongst themselves persons to act as Chair. Vice-chair. Secretary and Treasurer. The Trustees may at any time co-opt up to six persons to be non-voting observers or advisors. These persons shall consist of . (1) on& representative appointed by Sheffield City Council (2) three persons Co-opted because their residence. occupation andlor employment give them special knowledge or understanding to assist the Charity in its work (3) if at least I0 retiring Trustees are not elected at a general meeting then the Trustees must co-opt two from the retiring directors as non-voting advisors to ensure continuity At least one must be beeen the ages of 18 and 24.
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees, report as approved by the Board of Trustees. Mr Sajid Mahmood Trustee Dated: 3 February 2026
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED I report to the Trustees on my examination of the financial statements of The Pakistan Muslim Centre (Sheffield) Limitgd (tha Charity) for the year ended 31 March 2025. Responslbllltl8s and basis of report As the Trustees of the Charity (and also its directors for the purpos8s of company law), you are r@sponslble for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfled myself that the financial statements of the Chartty are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examinatlon. I report in respect of my examination of the Charity's financial statements Carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5)(b} the Charities AGt 2011. Independent examinerfs statement Slnce the Charily's gross Income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. 1 confirm that l am quallfied to undertake the examination because l am a member of ICAEW, which is one of the listed bodies. I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Charity as required by section 386 of the CompleS Act 2006. the financial statements do not accord with those records; or the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement thal the financial statements give a true and fair view, which is not a matter considered as part of an independent examination. or the financial statements have not been prepared in accordance with the methods and principles of the statement of Recommended Practice for accounting and reporttng by charitiès applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). I have no concerns and have come across no other matters in connection with the examlnatlon to which attention should be drawn in thls report in order to enable a proper understanding of the financial statements to b& reached. G Wade BAACA Independent Examiner Chartered Accountant BK Plus Limited Cannon House Rudand Road Sheffi8ld S3 8DP Chartered Accountant Dated.. 3 February 2026
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Total Unrestrlcted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income and endowments from: Donations and legacies Charitable activilies Other trading activities Investments Other income 4,322 36,980 27,979 101,639 4,322 125,730 27,979 101,639 12,740 1.510 23.095 34,373 102,705 1,510 102,405 34,373 102,705 10,192 88,750 79,310 12,740 10.192 Total income 170.920 101.490 272.410 161,683 89,502 251,185 Expenditure on: Charitable activities 253.585 253.585 248,235 248,235 Total expenditure 253.585 253,585 248,235 248,235 Net incomel(expendlture) (82.665) 101.490 18.825 (88,552) 89,502 2,950 Transfers between funds 101.490 (101,490) 89,502 (89,502) Net movement in funds 10 18.825 18,825 2,950 2,950 Reconclliation of funds: Fund balances at 1 April 2024 496,325 496.325 493.375 493,375 Fund balances at 31 March 2025 515.150 515.150 496,325 496.325 The statement of financial activities includes all gains and losse5 recognised in the year. All income and expenditure derive from continuing actiwties.
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets Investment property 14 15 243,973 330,950 252,650 330.950 574,923 583,600 Current assets Debtors Cash at bank and in hand 16 25,500 127,072 35,757 112,488 152.572 148.245 Credltors: amounts falllng due wlthln one year 17 (35.263) (44,494) Nat current assets 117.309 103.751 Total assets loss current liabllities 692.232 687,351 Credltors: amounts falllng due after more than one year 18 (177,082) (191,026) Net assets 515,150 496,325 The funds of the Charity Unrestricted funds 20 515.150 496,325 515,150 496,325 The company is entitled to the exemption from the audit requirement contsined in seotlon 477 of the Companies Act 2006, for the year 8nded 31 March 2025. The directors acknowledge their responsibilities for complying with the requiraments of the Companies Act 2006 with r6spect to accounting records and the preparation of financial statements. The m8mbers have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provlsions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on 3 February 2026 Mr Sajid Mahmood Trustee
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information The Pakistan Musllm cent {Sheffield) Limited is a private company limited by guarantee incorporated In England and Wales. The registered office is the Pakistan Muslim Centre at Woodboum Road, Sheffield S9 3LQ. The principal activity of the company continues to be the operating of the Pakistan Muslim Centra. 1.1 Accounting Convention The financial statements have been prepared in accordance with the Charity's Articles of Association, the Companies Act 2006 and "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). The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. Th8 financial statements are prepared in ster]ing, which is the functional currency of the Charity. Monetsry amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention,. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the Trustees have a reasonable expectstion that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concem basis of aGcounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charttable objectlves. Restricted funds are subject to specifi¢ ¢ondib'ons by donors as to how they may be used. Transfers from restricted to unrestricted funds are made on the completion of projects subject to the terms of the funding agreement allowing such transfers to take place. Transfers from unStriCted to restricted funds are made when funds are overspent and monies are transferred from unrestricted funds to cover the extra expenditure. 1.4 Income Income is recognised when the Charity is legally entitled to it after any perfonnance conditions have been met. the amounts can be measured reliably. and it is probable that income wlll be received. Cash donations are recognised on ¢elpL Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tsx recoverable in relation to donations received under Gift Aid or deeds of covenant recogni5ed at the time of the donation. Grants are awarded to the charity on the basis of agreements containing conditions as to the purp<kse5 for which funds may be expended. Where such conditions are not met, it is possible that grants may become repayable to the funding organisations. The trustees believe that all specific conditions have been met and no grants will be repayable except as otherwise provided for in these financial statements.
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies {Contlnued) 1.5 Resource5 expended Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of eGonomic benefrts will be required in setuement. and the amount of the obligation can be measured reliably. Expenditure is classÈfied by activty. The costs of each activity are made up of the total of direct Costs and shared costs, including support costs involved in undertaking each activty. Direct costs attrlbuta1e to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single aclivty a apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. R8sourc&s expended are Included In the statemènt of financtal adlvlties on an accruals basis. Governance costs represent those expenses incurred such as intemal and independent examination, legal advice for Trustees and costs associated with constitutional and statutory requirements. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation. nèt of depreciation and any impaiment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases". Freehold propety and buildings Fixtures and fittings 20/0 straight line 25'A reducing balance The gain or loss arising on the disposal of an asset is detemiined as the differen between the sale proceeds and the carying value of the asset, and is recognised in the statement of financial activities. 1.7 Investment properties Investment property. which is property held to earn rentals andlor for capital appreciation, is initially recognised at cost. which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss. The investment represents the charitys interest in the Workshop units situated at Woodbourn Road. Sheffield. 1.8 Impalrment of flxed assets At each reporting end date. the Charity reviews the carrying amounts of its tangible assets to determine whether Ihere is any indication that those assets have suffered an impaimient 1055. If any such IndatIOn exists, the recoverable amount of the asset is estimated in order to detemiine the extent of the impairment loss (if any).
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies {Continued) Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value In use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current markel assessments of the lime value of money and the risks specific to the asset for whlch the estimates of future cash flows have not been adjusted. If the recov@rable amount of an asset is estimated to be less than its carrying amount. the carrying amount of the asset is reduced to its recoverable amount. An impairment loss is recognised immediately in incomel (expenditure for the year, unless the relevant asset is carried at a revalued amount, in which case the impairment Soss is treated as a revaluation decrease. Recognised impairment losses are reversed if, and only if, the reasons for the impaiment loss have ceased to apply. Where an impaimient loss subsequently reverses, the Carrying amount of the asset is increased to the revised estimate of its recoverable amount. but so that the increased carying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immedialely, unless the relevant asset is carried in at a revalued amount, in which case the reversal of the impaiment loss is treated as a revaluatK)n increase. 1.9 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term Ilquid Investments with orfginal maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.10 Flnanclal Instruments The Charity has elected to apply the provlslons of Section 11 'Basic Financial Instruments. and Section 12 'other Finan¢lal Instruments Issues. of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charlty becomes party to th8 contractual provislons of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial ststements, when Ihere is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simurtaneously. Basic flnanclal assets Basic financial assets, which include debtor5 and cash and bank balances, are initially measured at transaclion price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt inslruments are subsequentty carried at amortised cost. using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are Classified as current liabilities if payment is due within one year or less. If not. they are presented as non-current liabilities. Trade Creditors are recognised initially at transaction price and subsequentty measured at amortised cost using the effective Interest method. 10-
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Derecognition of financial liabilities Financial liabilit18s are dere¢ognised when the Charity'5 Contractual obligations expire or a dlscharged or cancelled. 1.11 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employmenl of an employee or to provide termination benefits. Critical accounting estimates and judgements In the application of the Charity's accounting policies, the Trustees are required to make judgements. estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underfying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both Current and future periods. Income from donatlons and legacies Unrestricted funds 2025 Unrestricted funds 2024 other 4,322 1,510 11
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charitable activities Charitable income 1 Charitable Income 2 Total 2025 Charitable income 1 Charitsble income 2 Total 2024 2025 2025 2024 2024 Wedding events Performance related grants Hall hlre 19.740 19.740 8.860 8,860 88,750 88,750 17.240 79,310 79,310 14,235 17,240 14,235 36.980 88.750 125.730 23,095 79,310 102.405 Analysis by fund Unrestricted funds Rgstricted funds 36,980 36,980 88,750 23.095 23,095 79,310 88.750 79,310 36.980 88.750 125,730 23,095 79,310 102,405 Performance related grants Other 88,750 88.750 79,310 79.310 88,750 88.750 79,310 79,310 Income from other trading a¢tlvitles Unrestricted Unrestricted funds funds 2025 2024 Fundraising 8vents 27,979 34,373 Income from Investments Unrestricted Unrestrlcted funds funds 2025 2024 Rental income Interest receivable 101,639 102,692 13 101.639 102,705 12-
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from investments (Continued) Rental income consists of business unit income of £56,405 {2024 :£62.402), base green rental income £1.500 (2024 . £6,175) and other rental income of £43.734 (2024 '. £34,115). Other income Restrlcted funds 2025 Restrfcted funds 2024 Sheffield health education 12,740 10,192 Expenditure on charitable activtties Charity activity 2025 Charlty activity 2024 Dlrect costs Depreciation and impairment Rates Insurance Light and heat Broadcasting management fees Cleaning Repairs and maintenance Fundraising 8,677 (56) 6.590 32,436 26,384 5.851 12,945 3.504 9,552 11,919 5,865 30,049 37,908 6.864 26,096 96,331 128,253 Share of 5UPPOrt and governance costs (see note 9) Support Governance 153,114 4,140 114,482 5.500 253,585 248,235 Analysls by fund Unrestricted funds 253,585 248,235 13-
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to activltles 2025 2024 Staff costs Management of catering services and events Management consultancy fees Legal, professional and proje¢t delivery Bank charges and interest Mortgage charges and interest Priting postsge and stationery Telephone Sundry support costs Community development Governance costs 56,713 12.527 54.158 3.2Q4 860 10.180 1,090 8,293 4,289 1,800 4,140 41,959 3,280 33.356 8,278 860 10,929 3,259 6,241 6,320 5,500 157,254 119,982 Analysed between: Charity activity 157,254 119,982 10 Net movement in funds 2025 2024 The net movement in funds is ststed after chargingl(crediting): Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets 8,677 9,552 11 Trustees None of the Trustees (or any persons conneded with them) received any remuneration or benefits frc*n the Charity during the year. 12 Employe85 The average monthly number of employees during the year was: 2025 Number 2024 Number Administration and development Support Total 14-
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Employees {Contlnued) Employment costs 2025 2024 Wages and salarfes Social security Gosts 56,713 41,613 346 56,713 41,959 There were no employees whose annual remuneration was £60.000 or more. 13 Taxation The charity is exempt from taxation on its activilies because all ts income is applied for ¢harit8ble purposes. 14 Tangible fixed assets Frgehold Fixture$ and property and flttlngs bulldlngs Total Cost At 1 April 2024 302.684 86.825 369,509 At 31 March 2025 302,684 66.825 369,509 Depreciation and impairment At 1 April 2024 Depreciation charged in the year 60,530 6,053 56.329 2,624 116,859 8,677 At 31 March 2025 66.583 58,953 125,536 Carrying amount At 31 March 2025 236,101 7,872 243,973 At 31 March 2024 242,154 10,496 252.650 Freehold propety is held for charity use. The property is included in the accounts at its historical cost and is being depreciated on a straight line basis over its useful life of 50 years. 15 Investment property 2025 Fair value At 1 April 2024 and 31 March 2025 330,950 The investment properties consist of workshop units let at a commercial rent. These properties are included in the accounts at their historical cost value. The trustees consider that the historic cost of such properties also represents Iheir fair value and that the cost of obtaining a professional fair valuation ouelghS the benefit lo the users of the accounts and that such valuation would not be materially different to the cost of the asset. 15-
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Investment property (Continued) 2025 2024 Long leasehold 330.950 330,950 16 Debtors 2025 2024 Amounts falling due within one year: Prepayments and accrued income 25,500 35,757 17 Credltors: amounts falling due within one year 2025 2024 Bank loans and overdrafts (Note 18) other taxalion and social security other creditors Accruals and deferred income 13,944 866 1.690 18.763 13.276 437 17,190 13,591 35.263 44,494 18 Creditors: amounts falling due after more than one year 2025 2024 Notes Bank loans 177,082 191,026 The bank loan tsken out 2015 is repayable over 20 years and incurs interest at a fixed rate of 2.8Q/o per annum above the rate normally applicable to loans of this nature. The loan is secured by way of a first legal charge dated 17 December 2013 provided by the Pakistan Muslim Centre {Sheffield} Limited over its freehold property at Pakistan Muslim Centre. Woodbourn Road, Sheffield S93LQ. 16-
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Restricted funds The restricted funds of the chartty comprise the unexpended balanS of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 April 2024 Incoming resources Transfers At 31 March 2025 Univerisity of Sheffield ShefField Health & Social Care NHS Foundats'on Trust NHS South Yorkshlre Sheffield City Council Connecting Communities South Yorkshire Community Foundation 12,740 (12,740) 60,800 5.450 20,000 2,500 (60,800) (5,450) (20,000} (2.500) 101,490 {101,490) Prevlous year: At 1 April 2023 Incoming resources Transfers At 31 March 2024 University of Sheffield Sheffield Health & Social Care NHS Foundation Trust Sheffield City Council Connecting Communities South Yorkshire Community Foundation 10.192 (10.192) 51.810 20,000 7,500 (51,810) (20,OOOJ (7,500) 89,502 (89,502) The restricted performance related grants received during the year have been transferred to unrestricted funds on the basis that all spends during such year under the tems of the specific awards have been met. 20 Unrestricted funds The unrestricted funds of the Charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricled funds by the trustees for specific purposes. At 1 April 2024 Incoming Resources resources expended Transfers At 31 March 2025 General ftjnds 496,325 170.920 (253,585) 101,490 515,150 Previous year: At 1 April 2023 Incomlng Resources resources expended Transfers At 31 March 2024 General funds 493,375 161,683 (248.235) 89,502 496,325 17-
THE PAKISTAN MUSLIM CENTRE (SHEFFIELD) LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 21 Analysis of net assets between funds Unrestricted funds 2025 At 31 March 2025: Tangible assets Investment properties Current assetsl(liabilities} Long term liabilities 243.973 330,950 117,309 (177,082) 515,150 Unrestricted funds 2024 At 31 March 2024: Tangible assets Investment properties Current assetsl(liabilities) Long term liabilities 252,650 330,950 103,751 (191,026) 496,325 22 Related party transactlons There were no disclosable related party transactions durin9 the year (2024 - none) Remuneration of key management personnel The remuneration of key management personnel was as follows". 2025 2024 Aggregate compensation 54,158 33,356 During the year ended 31 March 2025 Dr Abdul Rob. the Chief Executive was paid £54.158 (2024 .' £33,356) in fees and expenses for his services. 18-