REGISTERED CHARITY NUMBER: 1051331 ort of Ihe Trustees and Unaudited Flnaneial Statements for Ihe Year Ended 31 December 2024 Al- uaim Islamic Mission Three Leaves Chartered Certified Accounlants 2 Manor House Lane Datchet Slough Berkshire SL3 9EB uaim Islamic Mission Contents ol the Finand*l Statements the Year Ended 31 December 2024 Page Report of tbe Trustees Independent Examlner's Report Statement of Flnanclal Actlvltles Balance Sh¢¢t Notes to th¢ Flnanclal Statements 6 to 11 Detalled Statement of Finaneial Aetlvltl 12 to 13 ualm Islamlc Mlsslon Re of the Trustee5 for the Year Ended 31 December 2024 The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. 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 Republic of Ireland (FRS 102) (effective l January 2019). OKJEcfivES AND ACTIVITIES Objeellves and aims To advance the islamic faith in accordance with the doctrine of the shia athna ashari. To advance the ¢ducation of the shia muslim communily. FINANCIAL REVIEW The charity also achieved significant rcsults in using its funds in the most cost effective way possible. This is reflccted by the retained funds and the net assets owned by the charity which can be expend¢d on the charity's forthcoming proj¢¢ts. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charily. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charlty number 1051331 Principal address 39 Montrose Avcnue Slough Berkshirc SLI 4TN Trustees Mr A Minhas Trustee Mr N H Jaffri Trustce Mr Q Mehdi Trustee Mr T Bukhari Trustee Mr l H Abdeali 1'ru5t¢e Independent Examlner Three Lcaves Chartered Certified Accountants 2 Manor House Lane Datchet Slough B¢rkshire SL3 9EB Approved by order of the board of trustees on . -Zc•z< and signed on it5 behalf by.. Mr A Minhas - Trustee Page I Inde ndent Examlnerfs Re ort to the Trustees of uaim 151arnic Mission Independent examiner's report to the trustees of Al-Qualm Islamie Mission I report to the charity trustees on my examination of the accounts of Al-Quaim Islamic Mission (the Trusl) for the year ended 31 December 2024. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparalion of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of ihe Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examiner's st&tement I have completed my examination. I confirm that no material 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 Trust as required by Section 130 of the Act. or thc account5 do not ticcord with those records. or the account5 do not comply with the applicable requirements concerning the form and content of. accounts set out in the Charities (Accounts and Reports) Regulations 2008 olher than any requirement that th¢ accounts give a tru¢ and fair view whiLh is not a matter considered as part of an independent examination. I havc no Concerns and have ¢om¢ across no other matters in Lonncction 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. Imtiaz Khan Three Leaves Chartered Certified Accountunts 2 Manor House Lane Datchet Slough Berkshire SL3 9EB Pa8e 2 tsalm tslamic Mtsslon Statement of Flnandal Actlvltles for the Year Ended 31 December 2024 2024 Total funds 2023 Total funds Unrestricted fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 148,876 148,876 136,079 Investment income 17,820 17,820 12,400 Total 166,696 166,696 148,479 EXPENDITURE ON Raising fuiids 12,908 12,908 23,533 Charilable aetlvitles Masjid & religious gathering 63.869 63,869 93,287 Other 23,874 23,874 Totgl 100,651 100,651 116,820 NET INCOME 66,045 66,045 31,659 RECONCILIATION OF FUNDS Total fijnds brought forward 856,386 856,386 824,727 TOTAL FUNDS CARRIED FORWARD 922,431 922,431 856,386 The notes form part of these flnancial statement5 Page 3 ualm Islamic Mission Bèlance Sheet 31 December 2024 2024 Total funds 2023 Total funds Unrestricted fund Restricted funds Notes FIXED ASSETS Tangible a55Cts 1,090,408 1,090,408 1,078,735 CURRENT ASSETS Debtors Cash at bank and in hand 6,295 86,950 6,295 86,950 6,000 63,771 93,245 93.245 69,771 CREDITORS Amount5 falling due within one year (4,799) (4,799) (15,325) NET CURRENT ASSETS 88,446 88,446 54,446 TOTAL ASSETS LESS CURRENT LIABILITIES 1,178,854 1,178,854 1,133,181 CREDITORS Amounts falling due after more than one year (256,423) (256,423) (276,795) NET ASSETS 922,431 922,431 856,38() The notes form part of these flnanclal statements Page 4 contlnued. ualm Islamlc Mlssion Balance Sheet- contlnued 31 December 2024 FUNDS Unrestricted ￿ndS 10 922,431 856,386 TOTAL FUNDS 922,431 856,386 The financial statement5 were approved by the Board of Trustees and authorised for issue ..£14.-.1...g. -..EttTrfj.. and were signed on its behalf by: on Mr A Minha5 - Trustee r N H Jaffri - Trustee Mehdi - Trustee Mr T Bukhari - Trustee Mrl dLali - Trustee The notes form part of these flnancial statements Page 5 uaim Islamic Mission Notes to the Financial Statements for the Year Ended 31 December 2024 ACCOUNTINC POLICIES Basis of preparing the financial statements The financial statements of the charitable organisalion, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reportiiig 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) (effective l January 2015),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, The financial statements have been prepared under the historical cost convention, The following accounting policies have been applied consist¢ntly through out the year: Financial reporting standard 102 - reduced disclosure ex¢mptions I'he charity has taken advantage of the following di8clusure exemptions in preparing these financial statcments, as p¢nnitt¢d by FRS 102 '1'h¢ Tr inancial R¢porting Standard applicable in the UK and Republic of Ireland,: the requirements of Section 7 Stat¢m¢nt of Cash Flows, the requirement of paragraph 3.17(d)' the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A. Income All income is recognised in the Stateinent of Financial Activities oiice the cliarity has entitlcinent lo the funds, il is probable that the inLome will be received and the ainount cun be measured reliably, Expendlture Liabilities are recognised as expenditure a5 50011 as there is a le&Tal or conslruclive obligation Committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in scltlement and th¢ amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headingys that aggregate all cost related io the categyory. Where costs cannot be directly attributed to particular headings they have b¢cn allocated to activities on a ba515 consistent with the usc of resources. T&nglble flxed assets Tangible fixed assets under the cost model are stated at historical Lost less acLumulated depreciation and any accumulated impainnent losses. 14islorical Lost includes expenditure that is dii'ectly attribut