THE COVEwfRY MUSIJM COMMUNrrY ASSOCIATION tJMrtED charitable com limited b antee ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS 31st March 2024 Charity Number.. 1044601 Company Number.. 2834081
THE COVENTRY MUSLIM COMMUNITY ASSOCIATION LIMITED Financial Statements Year Ended 31st March 2024 Contents Page Legal And Administrative Information Trustees Report Independent Accountant's Report Statement Of Financial Activities Balance Sheet Notes To The Financial Statements 8-12
THE COVENTRY MUSLIM COMMUNITY ASSOCIATION LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees MR GHULAM SHABIR MR FAISAL ALI MR ZAHEY SULTANI MR MUSA BISMILLAH (resigned 13th May 2023) MR MOHSIN MANSUR MR MOHAMMAD BLAL KHAN MR YAKIYA MINHAS MRS SHEHNAZ BISMILLAH (resigned 13th May 2023) MR FERHAN AZAD MRS RABEA KHAN MRS TAIBA KHAN MR SHAJAN ALI MR AFSAR HUSSAIN MR ABDUL GOFFAR MR AHMAD KHERALLAH MR SAJID HUSSAIN (resigned 7th March 2024) MR MOHAMMED IDRIS KHAN MR MUNAWAR MANGARA Reglstered Numbers Charity .' 1145284 Company . 7613299 Reglstered Offlce COVENTRY MUSLIM RESOURCE CENTRE RED LANE COVENTRY CV6 SEE Independent examlner CRYSTAL BUSINESS SERVICES LTD Chartered AccountantslRegistered Auditor 264 STONEY STANTON ROAD COVENTRY CV14FP Bankers YORKSHIRE BANK PLC 7-11 HIGH STREET COVENTRY CV15SB Sollcltors ROTHERHAM & CO 8-9 THE QUADRANT COVENTRY CV12EG
THE COVENTRY MUSLIM COMMUNITY ASSOCIATION LIMITED Company Registered number: 1145284 Charity Reglstered number . 7613299 TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) The trustees present their annual report and financial statements for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial staternenls and comply with the charItS governing document. the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicabl6 to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102) (effective 1 January 2019). Objectlveslgeneral actlvltles The charily's objects are lo establish, maintain and manage a community centre. In particular, to provide education, facilities of social welfare, and to relieve poverty. The company was able to facilitate hall bookings and the provision of many activities Including the operation of a nursery throughout the year. In p8rticular the centra's range of activities include.. Supporting members of the publlc through advlce and support on welfare rights, immigration, employment, training, domestic crisis, travel, health and social service8, Supportlng learners through guidance, counselling, appraisals and childcare provision, Helplng tutors by partlclpaling In moderatlon and evaluatlon exercises. Liaising with different volunlarylstatutory organisations. Provldlng evenlng aclivitles for martlal arts, karate, badmlnlon etc. Arranging malelf8male youth groups meetings, women's meelings, adult education classes, legal and benefits advice. Provlding funeral services al subsidised costs. Bearing in mind th8 publlc benefit objectives of the charity, the centre is used by many organisations either free of ch8rge or at a nominal charge. These organisations include.. Charitles function dinners Councillors, surgeries Local residents, association Police meetings Different religious groups Various'ladies and children, groups All persons supplying services to the charity are paid. There is no reliance on any volunteers. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
THE COVENTRY MUSLIM COMMUNITY ASSOCIATION LIMITED Company Registered number: 1145284 Charity Registered number . 7613299 TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) Achlevements and perfomiance Financial review There was a change of management from May 2023. The directorsltrustees are pleased to report that the previous year's net outgoing resources(before depreciation) of £23,406 have been turned into net incoming resouceslbefore depreciation) of £25,822. This has been achieved despite incurring substantial one-off legal costs. The directorsltrustees are constantly looking to Increase revenues and reduce the expenditures without compromising on the services provided. In fact, there has been an increase in the services provided. The charity's financial position continued to improve after 31st March 2024. Achlevement8 and Performance benefftlng the wlder 80clety The charity continued to provide nursery education, counselling, hall and room hire services for weddings, seminars and educational activities. Fitness classes for all ages. Providing room hire to Adult educational services via Coventry city Council. Major exp08ed r18k8 to charlty and revlew8 and 8y8tem8 to mltlgate them The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks, Structurei governance and managemont The charity is constituted as a company limited by guarantee, registered under the Companies Act 2006. The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation, There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law, By operation of law all, trustees are dlrectors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation. The trustees are all individuals. The principal operating address, telephone number, email and web addresses of the charity are'.- Coventry Muslim Resource Centre Red Land, Coventry CV6 SEE Telephone 024-76637933 Ernail Address Coventry_Resource_Centre@hotmail.co,uk The registered office of the charity for Companies Act purposes is the same as the operating address shown above.
THE COVENTRY MUSLIM COMMUNITY ASSOCIATION LIMITED Company Reglstered number: 1145284 Charlty Reglstered number: 7613299 TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) The Iruslees, who are also the dlrectors for the purpose of company law, 8nd who seNed during the year and up lo the dale of slgnalure of Ihe financlal slalemenis were: Mr Ghulam Shablr Mr Faisal All Mr Zahey Sullanl Mr Musa Blsmlll8h Ireslgned 13th May 20231 Mr Mohsln Mansur Mr Mohammad Bl81 Khan Mr Yakiya Minhas Mrs Shehnaz Bl6mlllahlre8lgned 13th May 20231 Mr Ferhan Azad Mr$ R8bga Khan Mr$ Talba Khan Mr Shalan All Mf Af$ar Hu55aln Mr Abdul Goffar Mr Ahmad Kherallah Mr S8lld Hu5saln Ireslgned 7th March 20241 Mr Mohammed Idrl$ Kh8n Mr Munawar Mangara The exlsllng Iruglee$ are responslble lor th& recrullmenl ol new Iruslo85 bul In dolng 80 the IrusleeB Seek Ihe vSews 8nd recommendalSons of both elders and communbty le8dors. The Iru$le8s bell8v6 th18 approach ensures that new Iru51ee3 Bre respectabl& membgr5 of Ihe fallh and local communllS88 and ensure5 that good relallons are fo8lered ts88n th8 M08qu8 and the people ol the 10¢81 ¢ommunlly th81 6eNe. The charlly 81rlva$ lo 8nsuie opportunlllas and dlv¢r8lly In both th8 employment of staff and Iruslee appolnlmenl8. Selècllon crllerla and procedur88 are re9ularly revlewed lo ensure that Sndlvlduals are Jelecled, piomoled snd Iiealed on the basls ol Ihelr rel8vanl merlls and Bbllllles. None of the Trusleeg has any b8n8flcS8l Interest In the compony. All of lh8 Tru81ees are member8 of the company and guaranlea lo ¢onlribulg £1 In tha event of 8 wSndlng up. The ¢harlly tru8lee8 are re8pon8lble lor the gener81 control and man8gemenl of Ihg charSly. Th? Irusl888 glve Ihelr lim8 froely ind re¢elve no r¢mun8r8llon or olhgr fin8ncl81 benefllg. The Iru8lees m8el logelher 8S 8 body monlhly and ala re8ponglble for all decSslons 18ken In relalSon lo Ihg running ol the charSty and ¢ommunlly facllSlles and th¢ oGlivlll88 provSd•d by Ihe ch8rSly. To asslsl th Smooth runnlng of th8 charlty the Iruslees have sel up a number of sub-commlttees Ihal help thom OVeTS99 ¢fjrt8ln 88peclg over the chafily work. The day.104ay managemonl of the Chprlty 8nd communlly lacllllles and prole¢ls are delegoled lo $laff. Al prosenl. the Charity does not conslder Itself lo be part ol 4 wldef neNvork. Ir4 aG¢ordance with parts 3 Ixllll and 3lxlvl ol the compan¥8 memorandum. the Gompany ha5 loaned lo the Edgwlck FamSly and Education Centre Llmiled, a company regSslered number 04822416 whose oblecliva5 are slmllar lo Covenlry Musllm Comrnunlly Assoclallon LlmS1?d. Thg balBncg due as al 31 March 202418 £142,50012023'.£142,5001. The Tfuslees ieport was approved by the B08rd ol Trustees on th December 2024. Mr Ghulam Shablr{Trustee) Mr Mohammad 81al Khan fTrust8e)
THE COVENTRY MUSLIM COMMUNITY ASSOCIATION LIMITED Independent Examlner's Report to the Trustees of The Coventry Muslim Community Assoclatlon Limited. I report to the charity trustees on my examination of the aGGounts of the charitable company for the year ended 31st March 2024 which are set out on page 6 to12. Responslbllltles and basls of report As the charlty trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparalion of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act').Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and 2011 Act.are eligible for independent examination, I report in respect of my examination of your company's accounts as carried out under section 14515)Ibl of the Charities AGt 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under 8ection 145(5) of the Charities Act 2011. Independent examlner's statament Since the company's gross income ex¢eed8d £250,000 your examiner must be a member of a body listed in section 145 of the 2011Acl. I confirm Ihat l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants inin England and Wales, whlch 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 company as required by section 386 of the 2006 AGt', or the accounts do not accord with those records., or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fair view, which is not a matter considered as part of an independent examination,. or the accounts hav8 not been prepared in accordance with the methods and principle5 of the Statement of Recommended Pracllce foraccounling and reportlng by chari11gs applicable to charities preparing their accounts Sn accordance wllh the Financial Reporting Standard applicablg In the UK and Republic of Ireland IFRS 102)]. I have no concerns and hav8 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. MR AKBAR DEDAT Member of Institute of Chartered Accountants in England and Wales For and behalf of CRYSTAL BUSINESS SERVICES LTD. Chartered Accountants 264, Stoney Stanton Road Coventry. 24th December 2024
THE COVENTRY MUSLIM COMMUNiff ASSOCIATION LIMITED Statement Of Flnanclal Activities (Income and Expenditure Account) for the year ended 31st March 2024 Notes Restrlcted Unrest- rlcted 2024 2023 INCOMING RESOURCES Donations and legacies Charitable acliviles 142.737 300,744 443,481 142,737 300,744 443,481 158,701 276,542 435,243 RESOURCES EXPENDED Cost of Charitable A¢livities Staff costs Depreciation and impairment Nursery costs Rent ,fales and Insurance Light & heal Telecommunications Repairs & maintenance Printing, postage & stationery Sundry expenses Travel & subslstence Legal & Professional fee Architect fees Consultancy Cleaning Miscellaneous expenses Donations to charitles 284,565 47,417 13,395 28,420 28,659 2,812 28,385 1,189 284,565 47,417 13,395 28,420 28,659 2,612 28,385 1,189 311,952 42,801 16,948 35,181 35,986 1,894 16,349 2,263 4,568 252 22,209 750 13,260 1,000 5,500 5,179 4,745 750 13,260 1,000 5,500 5,179 4,745 2,823 3,748 4,476 501,450 465,076 465,076 Net {expendlture)Ilncome for the year 121,595) {21,595) (66,207) Gr088 tran8fer betwean funds (47.174) 47,174 Fund 8alances at 1st Aprll 2023 253,498 2S2,471 505,969 572,176 Fund Balances at 31st March 2024 206,324 278,050 484,374 605,969 The Statement ol financlal activities InGludes all gains and105ses recognised in the year. All of the activities are continuing activities. The statement of financial activilies also complies wilh the requirements for an income and expenditure account.
THE COVENTRY MUSLIM COMMUNITY ASSOCIATION LIMITED Balance Sheet as at 31 March 2024 Notes 2024 2023 Flxed assets Tangible assets 234,403 281,820 Current assets Oeblors Cash at bank and in hand 142,500 110,531 253,031 142,500 86,560 229.060 Credltors.. amounts falllng due wlthln one year 10 (3,060) (4,9111 Net current assets 249,971 224,149 Nat assets 484,374 505,969 Funds Restricted funds Unreslricted funds 11 206,324 278,050 253,498 252,471 484,374 605 969 The company is entitled to Ihe exemption from the audit requirement conlained In sectlon 477 of the Companies Act 2006, for the year ended 31 March 2024. The directors acknowledge thelr responsibiliti88 for complying with the requirements of the Companies Act 2006 with respect to accounllng records and the preparatlon of financial statements. The members have not requlred the Gompany to obtain an audlt of its financial statements for the year in quesllon In accordance with section 476. These financial statements h8ve been prepared In accordance with the provision5 applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on 24th Decembar 2024 Mr Ghulam Shablr (Trusteo) Mr Mohammad Blal Khan (Trustee)
THE COVENTRY MUSLIM COMMUNifi ASSOCIATION LIMITED Notes to the Accounts For The Period Ended 31st March 2024 1. Accountlng pollcles Charity Informatlon The Coventry Muslim Community Association Limited 15 a private company limited by guarantee ncorporated in England and Wales. The registered office is Coventry Muslim Resource Centre, Red Lane, Coventry, CV6 SEE. 1. 1 Accounling convention The financial statements have been prepared in accordance with the charity's Igoverning document], the Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 102.) and the Charttles SORP Accounting 8nd Reporting by Charities.. Statement of Recommgnded 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 tha provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements are prepared In sterling, whlch Is the functlonal currency of the charity. Monetary amounts in th888 financlal statements are rounded to the nearest £. The financial statements have been prepared under the hlslorical cost convenlion, Imodified to Include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair valuej. The principal accountlng pollcles adopted are set out below. 1.2 Going conc8m At the time of approvlng the financlal slatemenls, the trustees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the golng concern basls of accountlng preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees In furtherance of their charitable objectives, Restricted funds are: subject lo specific conditlons by donors as to how they may be used. The purposes and uses of the restricte funds are set out In the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by Ihe charity. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts cqn be measured reliably, and it is probable that income will be received. Cash donations ar recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or othemise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingenl asset.
THE COVENTRY MUSLIM COMMUNITY ASSOCIATION LIMITED Notes to the Accounts For The Perlod Ended 31st March 2024 1.5 Expgndilur8 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 economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. 1. 6 T8ngibla fixed 8ssets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognis8d so as to write off th8 Cost or valuation of assets less their residual valu8S over their useful lives on the following bases.. Land and bulldlngs Plant and equipment 4 /0 Straight Ilne {25 Years) 250/0 on reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrylng value of the asset, and Is recognised in Ihe statement of financial aciivilies, 1. 7 Impaimi8nt of lixed assets At each reporting end date, the charity reviews the carrying amounts of ils tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such Indication ex151s, the recoverable amount of the asset is estimated in order lo determine the extent of the impairment loss (if any). 1. 8 Cash 8nd cash equivalanls Cash and cash equivalents include cash In hand, deposits held al call with banks, other short-term liquid investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowlngs in current liabilities. 1.9 Financial Inslmmen¢s The charity has elected to apply Iha provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financlal instruments. Financial inslrumenls are recognised In the charlty's balance sheet when the charlly becomes party to the conlraclual provisions of Ihe instrument, Financial assets and liabilities are offset, with the net amounts presented In the financial statements, when there is a legally enforceabl8 rlght lo sel off the recognised amounts and there is an intention lo settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequ8nlly carried at amort15ed 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.
THE COVENTRY MUSLIM COMMUNITY ASSOCIATION LIMITED Notes to the Accounts For The Period Ended 31st March 2024 8asK financial liabililies Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted gt a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligation5 to pay for good8 or services that have been acqulred 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 subsequently measured at amortised cost using the effective interest method. Derecognilion olfin8ncial liabililies Financial liabilities are derecognised when the charity's contractual obligations explre or are discharged or cancelled. 2 Crltlcal accountlng estlmates and Judgements In the application of the charity's accounting policies, the Trustees are required lo make judgements, estimates and assumptions about the carrying 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 gstimates, The esllmates and underlying assumptions are revlewed on an ongoing basi3. 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 perlod of the revislon and future perlods where the revlsion affects both current and future periods. 3. Donatlons and legacles 2024 2023 Donations and gifts 142 737 158 701 4. Charltable actlvltles 2024 2023 Charitable activities 300 744 276 542 10
THE COVENTRY MUSLIM COMMUNITY ASSOCIATION LIMITED Notes to the Accounts For The Period Ended 31st March 2024 5. Trustees None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. The consultancy fees of £5,500 relate to payments to one of the trustees for managerial services provided to the charity. Permission is being obtained from the Charities Commission for such payments.The costs of such services would have been substantially greater had the charity received such services from another source. 6, Employe88 The average monthly number of employees during the year was.. 2024 18 2023 20 2024 2023 Employmont C08t8 Wages and salaries Social security costs 275,664 8,901 284,565 299.014 12,938 311952 7. Taxatlon The charity is exempt from tax on income and gains falling within sectlon 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to ils charitable objects. 8. Tanglble flxod a88et8 Land & Buildings Office Eqpt. 1,179,338 Total At 1st April 2023 142,202 1,321,540 At 31 March 2024 1,179,338 142,202 1,321,540 Accumulated de At 1 st April 2023 Charge for the perlod At 31 March 2024 reci tion 898,492 141,228 243 141,471 1,039,720 47,417 1,087,137 945,666 Net book value At 31 March 2024 233,672 731 234,403 At 31 March 2023 280,846 9. Debtors: amounts falllng due wlthln one year 974 281,820 2024 2023 Other debtors 142,500 142,500 11
CMCA Ltd Notes to the Accounts For The Period Ended 31st March 2024 10. Credltors.. amounts falllng due wlthln one year 2024 2023 Other taxation and social security Accrued expense5 908 4,003 4,911 3,060 3,060 11. Analysls of net assets by fund Unrest- rlcted Funds Restrlct - Total ed Funds Funds Tanglble assets Current assetsl{Ilabilities) 28.079 206,324 234,403 249,971 249,971 278,050 206,324 484,374 12. Related Party Transactlons Apart from the consultancy payments to one of the trustees there are no related party transactions during the year12023 - nil). 12