Registered Charity Number: 1045629
- FAIZAN E MADINA MOSQUE COMMITTEE (TRUST) a Charitable Incorporated Organisation
## **TRUSTEES’ REPORT AND FINANCIAL STATEMENTS**
FOR THE YEAR END 30 April 2023
**Faizan-E Madina Mosque Committee (Trust) 169-175 Gladstone Street Peterborough PE1 2BN treasurer@faizanemadina.org www.faizanemadina.org Tel: 01733567285 Mob: 07493147793**
## **FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
## **CONTENTS**
## **FEM**
FOR THE YEAR ENDED 30 April 2023
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST) REFERENCE AND ADMINISTRATIVE INFORMATION**
**FEM**
FOR THE YEAR ENDED 30 April 2023
Trustees
Abdul Muquadas Choudhuri (Chairman) Zeeshan Ahmed, (Vice Chairman) Sajjad Ahmed (Secretary) Parvez Akhtar (Joint Secretary) Mohammed Camran Arif (Treasurer) Mohammed Raza Ulhaq, Joint Treasurer Artique Younus, Trustee Muhammad Nawaz, Trustee Rustam Suleman, Trustee Mohammad Umar Hasnain Younas, Trustee Yasir Majeed, Trustee Majid Hussain, Trustee Mohammed Rasheed Khan, Trustee Ishfaq Khan, Trustee Zia Ul Haq Qureshi, Trustee
Arshad Amran Hussain, Trustee Muhammad Yaqub, Trustee Mohammed Yousaf, Trustee Areen Khan Tahir, Trustee
**Charity registered Number**
1045629
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
## **FEM**
FOR THE YEAR ENDED 30 April 2023
## **Principal office**
169-175 Gladstone Street
Peterborough
PE1 2BN
## **Principle Bankers**
Al Rayan Bank
## **Secondary Bankers**
NatWest Bank
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
**FEM**
**TRUSTEES' REPORT**
FOR THE YEAR ENDED 30 April 2023
## **Trust for the period 1st April 2022 to 30th April 2023**
## **Objectives and activities Policies and objectives**
To provide a place of worship, education, prayer and community engagement for the city. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)
## **b. Strategies for achieving objectives**
Create a warm and welcoming atmosphere, encourage engagement with a wide range of diverse events
## **c. Activities undertaken to achieve objectives**
To undertake religious events, seminars and conferences. Daily prayers. Community events and educational classes and visits
## **d. Main activities undertaken to further the Charity's purposes for the public benefit**
Provision of pastoral care, educational classes, community events aim at promoting community cohesion
## **Achievements and performance**
## **a. Main achievements of the Charity**
The charity continues to source new streams of income to fund pastoral and educational projects, and enables charitable giving. Undertakes appeal projects and promotes community cohesion
## **Financial review**
## **a. Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
## **b. Reserves policy**
The charity policy is to keep at least 3 months expenses in reserve.
## **Structure, governance and management**
## **a. Constitution**
Faizan-Madina Mosque Trust is a registered charity, number 1045629, and is constituted under a Trust deed.
## **b. Methods of appointment or election of Trustees**
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
**FEM**
**TRUSTEES' REPORT**
FOR THE YEAR ENDED 30 April 2023
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
## **Statement of Trustees' responsibilities**
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for
each financial period which gives a true and fair view of the state of affairs of the Charity and of its incoming
resources and application of resources, including its income and expenditure, for that period. In preparing these
financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity
and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity
(Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for
safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved by order of the members of the board of Trustees on:
Date..............................
Signed on their behalf by
....................................................................................
**Chairman**
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
**FEM**
**INDEPENDENT EXAMINER'S REPORT**
FOR THE YEAR ENDED 30 April 2023
Independent Examiner's Report to the Trustees of Faizan-Madina Mosque Trust ('the Charity') I report to the charity Trustees on my examination of the accounts of the Charity for the period ended 30th April 2023.
## **Responsibilities and Basis of Report**
As the Trustees of the Charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent Examiner's Statement**
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no 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 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts 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. This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose.
To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed:
**Aasiyah Joseph**
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
## **INDEPENDENT EXAMINER'S REPORT**
## **FEM**
FOR THE YEAR ENDED 30 April 2023
For & on Behalf of aa Chartered Accountants Dated:
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
**FEM**
**STATEMENT OF FINANCIAL ACTIVITIES**
FOR THE YEAR ENDED 30 April 2023
|**Recommended**
**categories by activity**
**Notes**
**Incoming resources**
**Income and**
**endowments from:**
Donations and legacies
2
Charitable activities
3
Investments
4
Other
5
**Total**
**Resources expended**
**Expenditure on:**
Raising funds
6
Charitable activities
7
Other
8
**Total**
**Net**
**income/(expenditure)**
**before investment**
**gains/(losses)**
**Net**
**income/(expenditure)**
**Net movement in funds**
Reconciliation of funds:
Total funds brought
forward
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Total Funds**
**2023**
**£**
**Total Funds**
**2022**
**£**
409,967.62
37,718.00
447,685.62
202,263.00
111,979.36
-
111,979.36
173,748.00
45,856.34
-
45,856.34
58,565.00
-
-
-
1,150.00|
|---|---|
||**567,803.32**
**37,718.00**
**605,521.32**
**435,726.00**|
||34,745.54
-
34,745.54
-
270,371.85
-
270,371.85
376,515.00
3,804.06
34,140.00
37,944.06
-|
||**308,921.45**
**34,140.00**
**343,061.45**
**376,515.00**|
||**258,881.87**
**3,578.00**
**262,459.87**
**59,211.00**
**258,881.87**
**3,578.00**
**262,459.87**
**59,211.00**|
||**258,881.87**
**3,578.00**
**262,459.87**
**59,211.00**|
||3,869,934.00
-
3,869,934.00|
||**4,128,815.87**
**3,578.00**
**4,132,393.87**
**59,211.00**|
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
FOR THE YEAR ENDED 30 April 2023
## **BALANCE SHEET**
## **FEM**
|**Recommended**
**categories by activity**
**Notes**
Fixed assets
Tangible assets
9
**Total fixed assets**
Current assets
Cash at bank and in hand
10
**Total current assets**
Creditors: amounts
falling due within one
year
11
**Net current**
**assets/(liabilities)**
**Total assets less current**
**liabilities**
**Total net assets or**
**liabilities**
**Funds of the Charity**
Unrestricted funds
12
Restricted income funds
12
Endowment funds
12
**Total funds**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Total Funds**
**2023**
**£**
**Total Funds**
**2022**
**£**
3,571,093.00
-
3,571,093.00
3,571,093.00|
|---|---|
||**3,571,093.00**
**-**
**3,571,093.00**
**3,571,093.00**|
||578,907.87
-
578,907.87
316,032.00
**578,907.87**
**-**
**578,907.87**
**316,032.00**
17,607.00
-
17,607.00
17,191.00
**561,300.87**
**-**
**561,300.87**
**298,841.00**|
||**4,132,393.87**
**-**
**4,132,393.87**
**3,869,934.00**|
||**4,132,393.87**
**-**
**4,132,393.87**
**3,869,934.00**|
||4,128,815.87
4,128,815.87
3,869,934.00
3,578.00
3,578.00
-
-
-|
||**4,128,815.87**
**3,578.00**
**4,132,393.87**
**3,869,934.00**|
The financial statements were approved by the Board on 22-Feb-2024 and signed on its behalf by:
**Mohammed Camran Arif** Treasurer
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
**FEM**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 30 April 2023
## **1 Accounting Policies**
## **1.1 Accounting Policies**
## **1.2 Basis of preparation**
## **1.3 Going concern**
## **2 Income from Donations and Legacies**
||**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total funds**
**2023**|**Total funds**
**2022**|
|---|---|---|---|---|---|
|**Analysis**|**£**|**£**|**£**|**£**|**£**|
|Donation and gifts|371,967.62|-|-|371,967.62|173,238.00|
|General grants provided||||||
|by Government/other|38,000.00|-|-|38,000.00|6,670.00|
|charities||||||
|Legacies|-|37,718.00|-|37,718.00|22,355.00|
||409,967.62|37,718.00|-|447,685.62|202,263.00|
|**3 Income from Charitable**||**Activities**||||
||**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total funds**
**2023**|**Total funds**
**2022**|
|**Analysis**|**£**|**£**|**£**|**£**|**£**|
|Sale of service|111,979.36|-|-|111,979.36|173,748.00|
||111,979.36|-|-|111,979.36|173,748.00|
## **3 Income from Charitable Activities**
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 30 April 2023
## **FEM**
## **4 Income from Investments**
||**Unrestricted**
**funds**|**Restricted**
**income**
**funds**|**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total funds**
**2023**|**Total funds**
**2023**|**Total funds**
**2022**|
|---|---|---|---|---|---|---|---|
|**Analysis**|**£**||**£**|**£**|**£**||**£**|
|Interest income|8,151.12||-|-|8,151.12||-|
|Other|-||-|-||-|1,345.00|
|Rental and leasing
income|37,705.22||-|-|37,705.22||57,220.00|
||45,856.34||-|-|45,856.34||58,565.00|
|**5 Other Income**||||||||
||**Unrestricted**
**funds**|**Restricted**
**income**
**funds**||**Endowment**
**funds**|**Total funds**
**2023**||**Total funds**
**2022**|
|**Analysis**|**£**||**£**|**£**|**£**||**£**|
|Other|-||-|-||-|1,150.00|
||-||-|-||-|1,150.00|
|**6 Expenditure on**|**Raising Funds**|||||||
||**Total**|**funds**|**2023**||**Total funds**||**2022**|
|**Analysis**||**£**||||**£**||
|Rent collection, property||||||||
|repairs and maintenance||||34,745.54|||-|
|charges||||||||
|||||34,745.54|||-|
## **5 Other Income**
## **6 Expenditure on Raising Funds**
## **7 Expenditure on Charitable Activities**
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 30 April 2023
## **FEM**
|**Analysis**
Charity running cost
Cost of services
Employee costs
Printing and stationery
Wages and salaries
Staff costs|**Total funds 2023**
**Total funds 2022**
**£**
**£**
51,016.80
175,622.00
58,654.53
19,452.00
-
1,979.00
915.41
-
157,923.98
22,405.00
1,861.13
157,057.00|
|---|---|
||270,371.85
376,515.00|
## **8 Other Expenditure**
|**Analysis**
Material item expense
Other Expenditure|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**2023**
**Total funds**
**2022**
**£**
**£**
**£**
**£**
**£**
-
34,140.00
-
34,140.00
-
3,804.06
-
-
3,804.06
-|
|---|---|
||3,804.06
34,140.00
-
37,944.06
-|
## **9 Tangible Fixed Assets**
## **9.1 Cost or valuation**
|At 01 May 2022
Additions
Disposals
Revaluations
Transfers
At 30 April 2023|**Freehold Land & Buildings**
**£**
3,571,093.00
-
-
-
-|
|---|---|
||3,571,093.00|
**9.2 Amortisation and impairments**
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
**FEM**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 30 April 2023
|At 01 May 2022
Additions
Disposals
Revaluations
Transfers
At 30 April 2023
**9.3 Net book value**
At 01 May 2022
At 30 April 2023
**10 Cash at bank and in hand**
Cash at bank and on hand
**11 Creditors: Amounts falling due**
Accruals and deferred income
Taxation and social security||**Freehold Land & Buildings**
**£**
-
-
-
-
-|
|---|---|---|
|||-|
|||**Freehold Land & Buildings**
**£**
3,571,093.00|
|||3,571,093.00|
|||**Total funds 2023**
**Total funds 2022**
**£**
**£**
578,907.87
316,032.00|
|||578,907.87
316,032.00|
|||**within one year**
**Total funds 2023**
**Total funds 2022**
**£**
**£**
16,379.00
16,379.00
1,228.00
812.00|
|||17,607.00
17,191.00|
**12 Charity funds**
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
**FEM**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 30 April 2023
## **12.1 Details of material funds held and movements during the CURRENT reporting period**
|**Fund names**
**Unrestricted funds**
**General Fund**
**Unrestricted General**
**Funds**
**Restricted income**
**funds**
**Restricted income**
**funds**
**Total**|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
59,261.00
567,803.32
(308,921.45)
-
-
318,142.87
-
567,803.32
(308,921.45)
-
-
258,881.87
9,950.00
-
-
-
-
9,950.00
3,800,723.00
-
-
-
-
3,800,723.00
(50.00)
37,718.00
(34,140.00)
-
-
3,528.00
50.00
-
-
-
-
50.00|
|---|---|
||3,869,934.00
1,173,324.64
(651,982.90)
-
-
4,391,275.74|
## **12.2 Details of material funds held and movements during the PREVIOUS reporting period**
**Fund Income Expenditure Transfers Gains and Fund balances losses balances brought carried**
**Fund names**
**FAIZAN-E MADINA MOSQUE COMMITTEE (TRUST)**
**NOTES TO THE FINANCIAL STATEMENTS**
## **FEM**
FOR THE YEAR ENDED 30 April 2023
||**forward**|||||||**forward**|
|---|---|---|---|---|---|---|---|---|
||**£**|**£**|**£**|**£**||**£**||**£**|
|**Unrestricted funds**|||||||||
||-|413,371.00|(354,110.00)||-||-|59,261.00|
|**General Fund**|9,950.00|-|-||-||-|9,950.00|
|**Unrestricted General**
**Funds**|3,800,723.00|-|-||-||-|3,800,723.00|
|**Restricted income**|||||||||
|**funds**|||||||||
||-|22,355.00|(22,405.00)||-||-|(50.00)|
|**Restricted income**
**funds**|50.00|-|-||-||-|50.00|
|**Total**|3,810,723.00|435,726.00|(376,515.00)||-||-|3,869,934.00|
## **12.3 Transfers between funds**
## **This Year**
||**Amount**||
|---|---|---|
||**£**||
|Between unrestricted and restricted funds||-|
|Between endowment and restricted funds||-|
|Between endowment and unrestricted funds||-|
|**Last Year**|||
||**Amount**||
||**£**||
|Between unrestricted and restricted funds||-|
|Between endowment and restricted funds||-|
|Between endowment and unrestricted funds||-|
## **Last Year**