**Charity registration number 1045629 (England and Wales)**
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
# **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025**
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
Sajjad Ahmed Parvez Akhtar Muhammad Yousaf Mohammad Umar Hasnain Younas Mohammed Camran Arif Mohammed Raza Ulhaq Muhammad Nawaz Majid Hussain Abdul Choudhuri Mohammed Rafiq Kahil Qassim Mohammed Shafiq Basharat Hussain Areen Tahir Zeeshan Ahmed
Chairman Vice Chair Secretary (Late) Joint Secretary Treasurer Joint Treasurer
**Charity number (England and Wales)** 1045629
## **Principal address**
169-175 Gladstone Street Peterborough PE1 2BN
**Principle Bankers** Al Rayan Bank PLC Secondary Bankers Natwest Bank PLC
## **Independent examiner**
3 Sixty Accountants Laxton House 191 Lincoln Road Peterborough PE1 2PN
**FAIZAN-E-MADINA MOSQUE COMMITEE**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees report|1 - 3|
|Statement of Trustees responsibilities||
|Independent examiner's report|4|
|Statement of financial activities|5|
|Statement of financial position|6|
|Statement of cash flows||
|Notes to the financial statements|7 - 13|
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **TRUSTEES REPORT** _**FOR THE YEAR ENDED 30 APRIL 2025**_
The trustees present their annual report and financial statements for the year ended 30 April 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the 's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".
## **Objectives and activities**
## **a. Policies and objectives**
To provide a place of worship, education, prayer and community engagement for the city & its surrounding areas.
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)'.
## _Strategies for achieving aims and objectives_
## **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 general visits to the Mosque
## **d. Main activities undertaken to further the Charity's purposes for the public benefit**
Provision of pastoral care, educational classes, community events aimed at promoting community cohesion
## _Public benefit_
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the should undertake.
## **Achievements and performance**
## _Significant activities and achievements against objectives_
## **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
- 1 -
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **TRUSTEES REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## _Reserves policy_
It is the policy of the that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the ’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.
## **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**
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.
- 2 -
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **TRUSTEES REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
The Trustees report was approved by the Board of Trustees.
.............................. Sajjad Ahmed **Chairman** Date: .............................................
- 3 -
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF FAIZAN-E-MADINA MOSQUE COMMITEE**
I report to the trustees on my examination of the financial statements of Faizan-E-Madina Mosque Commitee (the ) for the year ended 30 April 2025.
## **Responsibilities and basis of report**
As the trustees of the you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the ’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) of the Charities Act 2011.
## **Independent examiner's statement**
Since the ’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. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements 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 now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
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 as required by section 130 of the Charities Act 2011.
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached.
Date: ............................
- 4 -
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
270,163
47,820
Charitable activities
**4**
134,231
-
Investments
**5**
84,152
-
**Total income**
488,546
47,820
**Expenditure on:**
Raising funds
**6**
184,890
-
Charitable activities
**7**
346,166
-
Other expenditure
**8**
(20,294)
28,500
**Total expenditure**
510,762
28,500
**Net income/(expenditure) and**
**movement in funds**
(22,216)
19,320
**Reconciliation of funds:**
Fund balances at 1 May 2024
4,232,495
9,322
**Fund balances at 30 April**
**2025**
4,210,279
28,642|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
317,983
308,639
31,862
134,231
149,704
-
84,152
83,174
-
536,366
541,517
31,862
184,890
152,919
-
346,166
283,800
-
8,206
1,119
26,118
539,262
437,838
26,118
(2,896)
103,679
5,744
4,241,817
4,128,816
3,578
4,238,921
4,232,495
9,322|**Total**
**2024**
**£**
340,501
149,704
83,174|
|---|---|---|
|||573,379|
|||152,919
283,800
27,237|
|||463,956|
|||109,423
4,132,394|
|||4,241,817|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 5 -
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **STATEMENT OF FINANCIAL POSITION**
## _**AS AT 30 APRIL 2025**_
|**Notes**
**Fixed assets**
Tangible assets
**13**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**14**
**Net current assets**
**Total assets less current liabilities**
**The funds of the**
Restricted income funds
**15**
Unrestricted funds
**16**|**2025**
**£**
**£**
3,571,093
671,816
(3,988)
667,828
4,238,921
28,642
4,210,279
4,238,921|**2024**
**£**
**£**
3,571,093
676,366
(5,642)
670,724
4,241,817
9,322
4,232,495
4,241,817|**2024**
**£**
**£**
3,571,093
676,366
(5,642)
670,724
4,241,817
9,322
4,232,495
4,241,817|
|---|---|---|---|
||||4,241,817|
||||9,322
4,232,495|
||||4,241,817|
The financial statements were approved by the trustees on .........................
..............................
## **Chairman**
- 6 -
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **1 Accounting policies**
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the 's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The is a Public Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the . Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. 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 expectation that the has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting 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 charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted 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 the .
## **1.4 Income**
Income is recognised when the is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the has been notified of the donation, unless performance conditions require deferral of the amount. Income tax 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 otherwise if the 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 contingent asset.
- 7 -
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **1 Accounting policies**
**(Continued)**
## **1.5 Expenditure**
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.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable 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 activity are 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.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment 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 land and buildings
## Nil
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
At each reporting end date, the reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## _**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 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 instruments are subsequently 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 subsequently measured at amortised cost using the effective interest method.
- 8 -
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **1 Accounting policies**
## **(Continued)**
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the ’s contractual obligations expire or are discharged or cancelled.
## **1.9 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 is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **2 Critical accounting estimates and judgements**
In the application of the ’s accounting policies, the trustees are required to 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 estimates.
The estimates and underlying 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.
## **3 Income from donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
Donations and gifts
270,163
-
Grants
-
47,820
270,163
47,820|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
270,163
308,639
-
47,820
-
31,862
317,983
308,639
31,862|**Total**
**2024**
**£**
308,639
31,862|
|---|---|---|
|||340,501|
## **4 Income from charitable activities**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|**Sale of service**|||
|Other income|134,231|149,704|
- 9 -
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **5 Income from investments**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|Rental and leasing income|67,375|68,850|
|Interest receivable|16,777|14,324|
||84,152|83,174|
## **6 Expenditure on raising funds**
||**Unrestricted**|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2025**|**2024**|
||**£**|**£**|
|**Trading costs**|||
|Support costs|720|720|
|Rent collection, property repairs and maintenance charges|184,170|152,199|
|Total costs|184,890|152,919|
## **7 Expenditure on charitable activities**
|||||**Total funds**|**Total funds**|**Total funds**|
|---|---|---|---|---|---|---|
||||||**2025**|**2024**|
||||||**£**|**£**|
|**Direct costs**|||||||
|Charity running cost|||||95,100|51,017|
|Cost of services|||||-|58,654|
|Printing and stationary|||||-|915|
|Wages and salaries|||||186,632|157,924|
|Staff costs|||||2,068|1,861|
|**Analysis by fund**|||||||
|Unrestricted funds|||||346,166|283,800|
|**Other expenditure**|||||||
||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**|**Total**|
||**funds**|**funds**||**funds**|**funds**||
||**2025**|**2025**|**2025**|**2024**|**2024**|**2024**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Other expenditure|(20,294)|28,500|8,206|1,119|26,118|27,237|
## **8 Other expenditure**
- 10 -
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
|**9**|**Net movement in funds**|**2025**|**2024**|
|---|---|---|---|
|||**£**|**£**|
||The net movement in funds is stated after charging/(crediting):|||
||Fees payable for the independent examination of the charity's financial|||
||statements|720|720|
## **10 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the during the year.
## **11 Employees**
The average monthly number of employees during the year was:
|**2025**|**2024**|
|---|---|
|**Number**|**Number**|
|16|15|
There were no employees whose annual remuneration was more than £60,000.
## **12 Taxation**
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
## **13 Tangible fixed assets**
|**Tangible fixed assets**||
|---|---|
||**Freehold land**|
||**and buildings**|
||**£**|
|**Cost**||
|At 1 May 2024|3,571,093|
|At 30 April 2025|3,571,093|
|**Carrying amount**||
|At 30 April 2025|3,571,093|
|At 30 April 2024|3,571,093|
- 11 -
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **14 Creditors: amounts falling due within one year**
|Other taxation and social security
Accruals and deferred income|**2025**
**£**
2,152
1,836
3,988|**2024**
**£**
4,537
1,105|
|---|---|---|
|||5,642|
## **15 Restricted funds**
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
|**At 1**
**Previous year:**
**At 1**|**May 2024**
**Incoming**
**resources**
**Resources**
**expended**
**At 30 April**
**2025**
**£**
**£**
**£**
**£**
9,322
47,820
(28,500)
28,642
**May 2023**
**Incoming**
**resources**
**Resources**
**expended**
**At 30 April**
**2024**
**£**
**£**
**£**
**£**
3,578
31,862
(26,118)
9,322|
|---|---|
## **16 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 unrestricted funds by the trustees for specific purposes.
|**At 1**
General funds
**Previous year:**
**At 1**
General funds|**May 2024**
**Incoming**
**resources**
**Resources**
**expended**
**At 30 April**
**2025**
**£**
**£**
**£**
**£**
4,232,495
488,546
(510,762)
4,210,279
**May 2023**
**Incoming**
**resources**
**Resources**
**expended**
**At 30 April**
**2024**
**£**
**£**
**£**
**£**
4,128,816
541,517
(437,838)
4,232,495|
|---|---|
- 12 -
## **FAIZAN-E-MADINA MOSQUE COMMITEE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **17 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**At 30 April 2025:**
Tangible assets
3,571,093
-
Current assets/(liabilities)
639,186
28,642
4,210,279
28,642
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 30 April 2024:**
Tangible assets
3,571,093
-
Current assets/(liabilities)
661,402
9,322
4,232,495
9,322|**Total**
**2025**
**£**
3,571,093
667,828|
|---|---|
||4,238,921|
||**Total**
**2024**
**£**
3,571,093
670,724|
||4,241,817|
## **18 Related party transactions**
There were no disclosable related party transactions during the year (2024 - none).
## **19 Analysis of changes in net funds**
The had no material debt during the year.
- 13 -