|
REGISTERED CHARITY NUMBER: 1047569
Masjid and Madrasah Faiz UI Quran
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2025
Uk City Accountants Ltd Chartered Certified Accountants 108 Shireland Road , Smethwick B66 4QJ cityaccountants@mail.com 01215333777
|
Masjid And Madrasah Faiz-UI-Quran Report of the Trustees For the year ended 31 March 2025
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2025. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITf£ES
Objectives and alms
The trustees havee considered the Charity Commission’s guidance on public benefit, Including the guidance ‘public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
| NameofCharfty | MasjidAnd Madrasah Faiz-UI-Quran |
|---|---|
| Charity registrationnumber | 1047569 |
| Principal address | 341 DudleyRoad |
| Winson Green | |
| Birmingham | |
| B184HB |
Trustees
The trustees and officers serving during the year and since the year end were as follows:
| AkhtarNawaid | |
|---|---|
| . | Ahmed Rizwan |
| Mohammed Saghir | |
| ~o | Shaeed Zaman |
| MohammedZaman | |
| MahmoodKhan | |
| Abdul Rashid | |
| Mohammed Taj | |
| Mohammed Zafar | |
| Mohammed Bashir | |
| Independentexaminers | UkCityAccountantsLtd |
| Chartered Certified Accountants | |
| 108 Shireland Road , Smethwick | |
| B66 4QJ | |
| cityaccountants@mail.com | |
| 01215333777 |
Masjid And Madrasah Faiz-Ul-Quran Report of the Trustees Continued For the year ended 31 March 2025
Bankers
Barclays Bank Pie Smethwick Capehlll Birmingham
Approved by the Board ofTrustees and signed on its behalf by:
_
Mohammed Bashir nl 15/08/2025
|
—
—
Masjid And Madrasah Faiz-UI-Quran Statement of Financial Activities For the year ended 31 March 2025
| Income and Endowments | Income and Endowments | Notes | 2025 | Unrestricted | Unrestricted | 2024 | Unrestricted | funds | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| from: | funds £ | £ | |||||||||
| Donations and Legacies | 2 | 118489 | 109792 | ||||||||
| Investments | 3 | 10020 | 9220 | ||||||||
| ~ | Otherincome | ry | a | _ | ; | OO | ~ 226 | " | ~ | ||
| Total | 128509 | 119238 | |||||||||
| Expenditure on: | |||||||||||
| Admin Activities | 4&6 | 46556 | 34944 | ||||||||
| Employee - Staff | 5&7 | 72767 | 84100 | ||||||||
| Total | 119323 | 119044 | |||||||||
| Net Income | 9186 | 194 | |||||||||
| Reconciliation offunds | |||||||||||
| Total funds brought forward | 1158144 | 1157950 | |||||||||
| Totalfundscarriedforward | 1167330 | 1158144 |
Masjid And Madrasah Falz-UI-Quran Report of the Trustees and Unaudited Financial Statements For the year ended 31 March 2025
Masjid And Madrasah Faiz-Ul-Quran Trustees' Report Legal and adminlstrative status Masjid and Madrasah Faiz ul Quran is registered as a charity under number 1047569 . The principal address of Masjid and Madrasah Faiz
The Objectives of Human aid foundation TO PROMOTE ISLAMIC EDUCATION TO CHILDREN OF THE COMMUNITY.
Trustees The Trustees at the end of the year were :-
Akhtar Nawaid Ahmed Rizwan Mohammed Saghir _____ Shaeed Zaman=" Mohammed Zaman Mahmood Khan Abdul Rashid , Mohammed Taj Mohammed Zafar Mohammed Bashir
Recruitment and Appointment of Trustees The charity is governed by a board of trustees drawn from the local community. This is to ensure that the board has the skills and experience required to oversee the management of the charity and its operations. The charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive
Trustee Induction and Training
All new trustees receive a planned induction programme before taking up their place on the board. This includes an explanation of their roles and responsibilities, an introduction to other trustees, an overview of recent activities and an explanation of board format and process.
Risk management
The trustees have a risk management strategy which Includes an annual review of the risks the charity faces and the establishment of systems and procedures to mitigate those risks and implementation of procedures designed to minimise any potential impact on charity
Reserves Pollcy The trustees aim to ensure that sufficient funds are maintained to enable the charity to carry out Its activities.
Review of activities for the year Masjid and Madrasah Faiz ul Quran has achteved a gain of £ 9,186/-/- for the period ended 31.03.2025 . The detailed results are set out on
By order of the Trustees
Mohammed Bashir 4 pLo
Charity number 1047569
Masjid And Madrasah Faiz-UJ-Quran Statement of Financial Activities For the year ended 31 March 2025
2025
2024
Notes
| £ | £ | ||
|---|---|---|---|
| Fixed Assets | 8&9 | 1070046 | 1064585 |
| 1070046 | 1064585 | ||
| _GurrentAssets | |||
| Debtors | 10 | 0 | 0 |
| Cash in hand and bank | 98713 | 93559 | |
| 98713 | 93559 | ||
| Creditor: amounts falling duewithin one year | 11 | -1429 | 0 |
| Net current assets | 98713 | 93559 | |
| Total assets less current fiabilites | 1167330 | 1158144 | |
| Net Assets | |||
| The Funds ofthe charity Unrestricted income funds | 12& 13 | 1167330 | 1158144 |
| Totalfunds | 1167330 | 1158144 |
The financial statement were approed annd authorised for issue by the Board and signed on its behalf by:
Muhammad Bashir Chair person Date: 15/08/2025
Masjid And Madrasah Faiz-Ul-Quran
LAccounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are Included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS102) ‘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 lreland {FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
Masjid And Madrasah Faiz-Ul-Quran meets the definition of a public benefit entity under FRS 102, Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note{s).
Going concern
The financial statements are prepared on the assumption that the charity is a going concern and will continue Its operations for the foreseeable future.
| 2.Income from donations and legacies | 2025 | 2024 |
|---|---|---|
| £ | £ | |
| Unrestricted funds | 418489 | 109792 |
| Donations received | 226 | |
| Investments and other income | 118489 | 110018 |
| 3.Investment Income | ||
| Unrestricted funds | ||
| Income from investment properties | 10020 | 9220 |
| 10020 | 9220 | |
| 4.Expenditure on generating donations and legacies | ||
| Unrestricted funds | ||
| Admin Activities | 46556 | 34944 |
| 46556 | 34944 | |
| 5.Costs ofcharitable activities byfund type | ||
| Unrestricted funds | ||
| Staff Costs | 72767 | 84100 |
| 72767 | 84100 | |
| 6.Net income/(expenditure) forthe year | ||
| This is stated aftercharging/(crediting): | ||
| Depreciation ofowned fixed assets | 9186 | 194 |
| 9186 | 194 |
Charity number 1047569
| 2025 | 2024 | |
|---|---|---|
| 7.Staffcosts and emoluments | ||
| Total staff costs for the year ended 31 | 72767 | 64127 |
| March 2024 were: | ||
| 72767 | 64127 | |
| Number ofEmployees | 8 | 7 |
| 8 | 7 |
8.Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activities are for unrestricted funds.
9.Tangible fixed assets
Land and Buildings
| Cost or valuation | ||||
|---|---|---|---|---|
| At 01 April 2024 | 1064585 | |||
| At 31 March 2025 | 1064585 | |||
| Net book values | ||||
| At 01 April 2024 | 1064585 | |||
| At 31 March 2025 | 1064585 | |||
| 10.Debtors | 2025 | 2024 | ||
| £ | £ | |||
| Amountsdue within one year: Other | ||||
| debtors | 0 | 0 | ||
| 0 | 0 | |||
| I.Creditors | ||||
| Amounts fallingdue within one year | 0 | 0 | ||
| 0 | 0 | |||
| 12.Movement In funds | ||||
| Balance | Incoming | Outgoing | Balance | |
| Unrestricted Funds | 01/04/2024 | Resources | resources | 31/03/2025 |
| Current year | ||||
| 1158144 | 128509 | -119323 | 1167330 | |
| 1157116 | 128509 | -119323 | 1167330 | |
| Previous year | 1157950 | 119238 | -119044 | 1158144 |
| 1157950 | 119238 | ~119044 | 1158144 | |
| 13.Analysis ofnetassets between funds | ||||
| Tangible | ||||
| fixed | Netcurrent | NetAssets | ||
| asset | assetiliabilities | |||
| Unrestricted Funds | ||||
| Current year | 41070046 | 97284 | 1167330 | |
| 1070046 | 97284 | 1167330 | ||
| Previousyear | 1064585 | 93559 | 1158144 | |
| 1064585 | 93559 | 1158144 |
Charity number 1047569
| report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
| report in respect of my examination of the charity's accounts carried out under section 145o0f the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
—————independent-examiners-statenent-——___ —@————————____———————. ji have completed my examination. | 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 sanction 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.
| 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 acc<
==> picture [82 x 64] intentionally omitted <==
----- Start of picture text -----
Oe
----- End of picture text -----
Uk City Accountants Ltd Chartered Certified Accountants 108 Shireland Road , Smethwick B66 4QJ
cityaccountants@mail.com 01215333777
==> picture [592 x 626] intentionally omitted <==
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|||
|||
|Masjid|And|Madrasah|Faiz-UI-Quran|0|0|
|Notes|to|the|Accounts|
|For the year|ended|31|March|2025|8)|0|
|1|Income|and|Expenditure|analysis|2025|
|£|
|Income|
|Donations|118,489|
|Furlough|-|Grants|
|Rental|income|10,020|.|
|Interest|receivable|
|eee|128,509|;|;|—|
|Direct|costs|
|Wages &|Salaries|72,767|
|Daily Wages|5,264|
|Supplies|2,645|
|Rent Rates|570|
|Insurance|3400|
|Waste|collection|
|Security|services|1320|
|Light|&|heat|12,450|
|Repairs|and|renewals|of property and|equipment|
|Repairs|and|maintenance|13,970|
|Telephone,|fax,|stationery and|other office costs|1281|
|Books|
|Motor &|travel|
|Cleaning|&|others|658|
|Advertising|and|business|entertainment costs|
|Printing|stationery|&|advertising|1,504|
|Bank,|credit card|and|other finance|charges|
|Bank|charges|
|Accountancy,|legal|and other professional|fees|700|
|Other|legal|and|professional|1,595|
|Depreciation|on|Van|1199|
|[Total Expenses||_ 119,323]|
----- End of picture text -----