Charl number.. 1041954 HUSSAINI ISLAMIC MISSION IWOLVERHAMPTONI TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Akbor & Co 451 Moseley Rd. Birmingham, Wesl Midlands, 812 9BX Unlled Kingdom HUSSAINI ISLAMIC MISSION IWOLVERHAMPTON) CONTENTS OF NANCIAL STATEMENTS FORT EAR ENDED 30 JUNE 2024 Page LEGAL AND ADMINISTRATIVE INFORMATION TRUSTEES REPORT INDEPENDENT EXAMINATION REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE FINANCIAL STATEMENTS 71011 HUSSAINI ISLAMIC MISSION IWOLVERHAMPTONI LEGAL AND ADMINISTRATIVE INFORMATIO FOR THE YEAR ENDED 30 JUNE 20 CHARITY NUMBER 1041954 REGISTERED OFFICE.. 283 NEW HAMPTON RD W. WOLVERHAMPTON WV6 ORS. UNITED KINGDOM TRUSTEES SYED SHAUK4T RAZA AKHTAR HUSSAIN SHAH KAMRAN KAZMI ZULFIQAR HUSSAIN Chalr COMMITTEE MEMBERS SYED SAJJAD HUSSAIN SHAH President NASIR ABBAS General Secretary MOHSIN RAZA Vice President TAHIR KAZMI Treasurer ALI ABBAS Asslsl8nl ACCOUNTANTS: AKBER & CO 451 MOSELEY RD, BIRMINGHAM, WEST MIDLANDS. B12 9BX UNITED KINGDOM BANKERS: BARCLAYS BANK BARCLAYS BANK PLC LEICESTERSHIRE LE87 2BB Page 1 HUSSAINI ISLAMIC MISSION IWOLVERHAMPTONI RT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 The Iruslees presenl their report and the financlal slalemenls for the year ended 30 June 2024. The Iruslees who served during th6 ￿ar and up lo the dale of this report are sel out on page 1. Structure ovornancg and mana ement The governing Trusl deed was adopted on 07 November 1994. The Trustees are elected and removed by the members al an annual elecllon. The charlly has a Management Committee of 5 Trustees who meel quarter and are responslble for the slraleglc direclion and policy of the charity. Charitable ob ects {11 To Advat)ce The Islamlc Faith121 To Promole the benefit of the Inhabll8nls ol Wolverhampton by advancing Education, The Furtherance of good health, The relief of poverly, distress and slckness and Providlng facilities for recreation and Leisure Ilme occupation Classifica on What General Charitable Purposes Education￿rainIng Religious Aclivilies Who Childrenryoung People Elderlylold Peopla People of a Particular EthnSc or Raclal orlgln How Provides BulldingslFadlilieslopen Space . Provides Services Provides AdvocacylAdvicellnformalion Flnanclal ravlow Th {2023.' £3,346) leaving a nel surplus of £32,55412023.' £49,718) which is carried forward lo next year. Page 2 HUSSAINI ISLAMIC MISSION IWOLVERHAMPTONI EP RT OF THE TRUSTEES ON THE UNAUDITED FINANCIAL STATE FOR THE YEAR ENDED 30 JUN 20 statement a8 to dl of Informatlon to audltOTS In so far as the Iruslees are aware.. there Is no relevant audit information of whl¢h the charllvs Accounlanl are unaware,. and Ihe trustees have taken 811 steps Ihal they Oltght lo have laken lo make themselves awaie of any relevant accounts information and lo eslabllsh that the accountants are aware or th81 infomallon. stst&m aes. ros onslbSlllles The trustees are respor>sible for pr6parlng (he Truslees, Annual Report and the Ilnanclal slalemenls In accordance wllh applicable law and United Kinudom Accounllng Standards (United Kingdom Generally Accepled Accounting Practice). Law 8ppll¢able lo charllles in England and Wa115 requires the trustees lo prepare financial slalemenls for each financial year whi¢h glve a true and fair view of charity and of th& Incomlng resources and application of resources of the charily for Ihal year. In preparing thes6 financlal slalemenls the Iruslees are requlred to.. select suitable accounllng pollcles and Ihen apply them consSslenlly', observe the methods and princlples in the Charilles SORP. make judgemen15 and eslimales that ar¢ reasonable and prudent.. slate whether applicable GK accounting Standards have been Followed. subject lo any malerfal departures disclosed and explained in the linanclal slal6menls', and prepare the financial slalemenls on the going concern basis unless11 is Inapproprtale to Presume ihal the charity wlll Conllnue In operalion. The Iruslees are responsible for keeplng proper a¢¢ounllng records which disclose wlh reasonable accuracy at any lime the financlal posllion of Ihe charity and enable them lo en8ur& that the financial slalemenls comply for 88feguardlng the assets of the charily and hence for laklng reasonable steps for the prevention and delecllon of fraud and olheT On behalf of the board by Aiifv Akhlar Hussaln Shah Chalr Dale.. Page 3 HUSSAINI ISLAMIC MISSION IWOLVERHAMPTONI INDEPENDENT REPORTTO THE T FOR THE YEAR END TEE F HUSSAINI ISLAMIC MISSIO wo MPTON 24 I report on the accounts oflhe Trusl for the year ended 30 June 2024, which are sel on the pages attached. As the charity's trustees you are responslble for the preparation of accounts. The charitls Iruslees Consider Ihal an audit is nol required for this year under 43121 of the Charities Acl lihe 1993 Act) and that an independent examination 11 Is my responsibilily lo-. Examine the accounts under secllon 43 of Ihe 1993 Act. To follow Ihe procedures laid down in the general Dire¢lion given by the Charity Commlssion (under section 43{7llbl of the 1993 Acl. and to slate whether particular mallers have come lo my attenllon. My examlnalion was carried out in accorllance wtlh general directions given by Ihe Chafilies Commlsslon. An examlnallon Includes a review of the accounting records kept by the ¢harily and a comparison of the accounts presented ¥Mth those records.11 also Includes consideration of any unusual items of dlsclosures in Ihe accounts, and seeklng explanation from Ihe trustees concernlng such mallers. The procedures undertaken do nol provide all the evidence that would be requlred in an audil, and consequenlly no opinion is given as lo whether the accounts present a 'lrue and fail. vtew and the report limited lo those matters sel out In the slalemenl below. In connection wlh my examlnalion, no matter has come lo my attentlon: 111 whlch glves me reasonable cause lo belleve that In, any material respect, the requSremenls.' lo keep accounting records in accordance ¥Mlh seclion 41 of the Acl.. 4 lo prepare accounts which a￿Ord ￿th the aceounling records and lo comply with the accounting requ1￿mentS of the 1993 Acl have not been mel; or 121 to whlch, in my opinion, allenlion should be drawn order lo enable a pioper underslandlng of the accoLFnis lo be ￿aChed. Masuma Fazel For and on behalf ofAkber & CO 451 Moseley Rd, Blrmlngham, Wesl Mldlands, B12 9BX Unlled Kingdom Page 4 HUSSAINI ISLAMIC MISSION IWOLVERHAMPTONI STATEMENT OF ci FORT R ENDED 3 CTIVITIES JUNE 2024 Unrestrlcted Restrlcted funds funds 2024 Total 2023 Total Notas Incomlng resources In￿mIng resources from generating funds= Donallons Incoming resources from chaiilable actlvllle8 38.258 38.258 53,063 Total Incoming resovrces 38.258 38,258 53.063 Resources expendèd Rales Insurance Llghl and Heal Telephone Accounl8n¢y Oepreclallon of fixtures and Filllngs Sundry Donations 474 837 2,815 192 480 221 474 837 2,815 192 4BO 221 812 1.285 192 400 260 397 685 685 Total ra¥our¢ès axpendgd 5.704 5,704 3,346 Nat Incomlng resources before transfers 32,554 32,554 49,718 Total funds brought forward 483,151 483,151 483,151 Tolal fursds caribed forw8rd 515,705 515,705 532,868 The slalement of financlal acllvllles includes all gains and losses In the year and Iherefore a sepaiale slalemenl of total recognized gains and108ses has nol been prepared. All of the above arnounls relate lo conllnuing acbvities. The notes on pages 9 10 11 form an integral part of these finanaal slalements. Page 5 HUSSAINI ISLAMIC MISSION IWOLVERHAMPTON} BALANCE SHEET FOR THE YEA DED NE2 24 2024 2023 FIXED ASSETS Tangible assets Notes 346,541 300,991 CURRENT ASSETS Other Debtors Cash al bank and In hand 20,000 150,044 20.000 162.959 516.585 483,951 CREDITORS Amounts falllng due within one year 18801 18001 NETCURRENT LIABILITIES 515,705 483,151 TOTAL CURRENT ASSETS 515.705 483 1Sq Funds unreslricled income fund5 515,705 532,868 61S705 532,868 (49,7181 26-3-1S- The Ilnanci81 statements were approved by the trustees on and signed on ils behalf by Name.. rlKH H SktrtH Dale.. The notes on pages 9 10 11 lorm an inlegral part of Ihese financlal slalements. Page 6 HUSSAINI ISLAMIC MISSION IWOLVERHAMPTONI NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 1. Accounting pollcles The Principal accounting policies are summarised below. The accounting policies have been applled conslslenlly throughout the year and the preceding year. 1.1. Basls of accountlng The financial statements are prepared under Ihe historical cost conventton and In accordance with Ihe Slalemenl of Recommended Practice Accounting and Reporting by Charities SORP and the Charities Ac12011. 1.2, Incomlng resources All incoming resour¢es are Included In the slalemenl ol financial acllvllles when the charity Is enlllled lo the In￿Me and the amount Can be quantified wlh reasonable accur8¢y. The lolloTMng specific ptslicies are applled lo particular calegtsries of income.. 1.3. Resour¢&s expènded Expenditure is recognized on payment basis. Expenditure includes VAT whlch is reported as part of the expenditure lo which il relates. Grants paymenls are paid once Ihey have been agreed by Ihe Trustees. Charitable aciivilies costs comprise the costs associated wlh allracling voluntary income. 11 includes both costs that can be allocated directly lo such aclivilies and Ihose costs of an indirecl nature necessary lo support them. Governance costs are those Incurred In connecllon ￿th the management of the Trust, oryanlzalional adminislrallon and compliance wlh conslllullonal and slalulory requirements. 1.4. Tanglble flxod assgts and d•preclatlon Tanglble fixed assets are slated al cost less accumulated depre¢lallon. Depreciation is piovided al rale8 calculaled lo wrile off the cost less resldual value of each assel over ils expe¢leiJ useful Ilfe, as follows.. Flxlijrg. and FlttinnA Dpejlning Inr RpdiJe.inn) B818nets.% Mpthijd Page 7 HUSSAINI ISLAMIC MISSION IWOLVERHAMPTONI NOTES TO FINANCIAL STATEMENTS FOR THEYEAR ENDED 30 JUNE 2024 2. Actlvltl&8 for goneratlng funds Unrestrlctèd funds 2024 Total 2023 Totsl Donallons Olhei Donallons 38.258 38.258 53,063 38.258 38,258 53,063 Page 8 HUSSAINI ISLAMIC MISSION {WOLVERHAMPTONI NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 3. Employees Employm&nl costs 2023 Wages and salaries 474.00 No employee recelved emoluments of more than £60,000. Numberofemployees The average monthly numbers of employees were NIL.12023'. NIL) 4. Tanglbla flxèd assets Flxlures & Fillings Land & Property Total Cost Al f July 2023 Addillons 9.396 299,520 45,770 308,916 45,770 AI 30 June 2024 9,396 345,290 354.686 De recialion Al 1 July 2023 Charge for the yeai 7,925 221 7,925 221 AI 30 June 2024 8,145 Nel book values AI 30 June 2024 At 30 June 2023 1,251 1,471 345,290 299,520 346.541 300,991 Page 9 HUSSAINI ISLAMIC MISSION IWOLVERHAMPTONI NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 S. Dobtors 2024 2023 Other debtors 20,000 20,000 20,000 20,000 6. Cash at bank and In hand 2024 2023 Cash Bank currenl Ac¢ounl 2 Bank curienl Account 3 4,851 105,799 39,394 43 96,858 66,059 150 044 162 959 Unrestrided funds Bank 7. Creditors: amounts falllng du¢ wlthln one year 2024 2023 Olhei taxes and social security Other creditors 880 800 880 800 Page 10 HUSSAINI ISLAMIC MISSION IWOLVERHAMPTONI NOTES TO FINANCIAL STATEMENTS FOR THEYEAR ENDED 30 JUNE 2024 8. Unrestrlcted funds At Al 01-Jul 2023 Al Incomlng Outgoing 30-Jun resources resources 2024 General funds 483.151 38,258 {5,7041 515,705 483,151 38,258 5,704 515,705 Purpos88 of unrestrlcted funds Unreslrlcted funds are funds whl¢h the Trustees are f￿e lo use for any purpose In the lurtheran¢e of the oblectlves of Ihe charlty and lo meet ongolng governance costs. 9. Related party transactlons No r61aled party Iransacllon durlng the year. Page11