Registered number 1052275
Narborough Road Islamic Centre
Report and Accounts
31 May 2024
Narborough Road Islamic Centre Company Information
Trustees
Mr M A Jakhura Mr S M A Jakhura Mr I Sattar Mr S Sattar Dr M Suida Mr Y A Valli Mr S M Hasam
Accountants
Leicester Commercial Accountants Unit C 1st Floor Offices 122 Bridge Road Leicester LE5 3QN
Charity Number 1052275
Charity address 55 Barclay Street Leicester LE3 0JD
Bankers
Lloyds Bank Leicester
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Narborough Road Islamic Centre Registered number: 1052275 Directors' Report
The trustees present their report and accounts for the year ended 31 May 2024.
Principal activities
The charity is registered with the charity Commision (No:1052275). The main objective of the charity is to advance religious education in accordance with the teachings of Islam. Various religious activities are held on regular basis for the benefit of people attending the mosque and for the wider community.
In addition to above, the charity ensures and provides public benefit as follows:
-
daily five times prayers are held every day
-
friday prayerss are held every week
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madressah classes are held every day during evenings to teach islamic studies
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islamic weddings (Nikah) ceremonies are provided to the wider community.
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adjacent building has been purchased and is in the process of being refurbished.
Trustees
The following persons served as trustees during the year:
Mr S M A Jhakhura Mt I Sattar Mr S Sattaer Dr M Suida Mr Y A Valli Mr S M Hassam
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.
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 business and an explanation of board format and process.
Reserves policy
The trustees aim to ensure that sufficient funds are maintained to enable the company to carry out its activities.
Risk management
The trustees have examined the major strategic, business and operational risks which the company faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
Public Benefit Statement
The trustees have considered the general guidance on public benefit issued by the Charities Commission and have taken due regard of that guidance. The trustees consider that they are satisfied that the charity's activities do provide a public benefit.
Results for the year
The detailed results are set out in the attached financial statements.
This report was approved by the board on 28 February 2025 and signed on its behalf.
Mr M A Jakhura Trustee
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Narborough Road Islamic Centre
Independent Examiner's Report to the Trustees of Narborough Road Islamic Centre
I report on the accounts of Narborough Islamic Centre for the year ended 31 May 2024 which are set out on pages 4 to 7.
Respective responsibilities of trustees and examiner
The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and an independent examination is needed.
It is my responsibility to: examine the accounts under section 145 of the 2011 Act; to follow the procedures laid down in the General Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters.The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
i) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act, have not been met; or
ii) to which, in my opinion, attention should be drawn in order to enable proper understanding of the accounts to be reached.
Navsar Sacranie Leicester Commercial Accountants Unit C 1st Floor Offices 122 Bridge Road Leicester LE5 3QN
28 February 2025
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Narborough Road Islamic Centre Statement of Financial Activities for the year ended 31 May 2024
| Incoming resources Income from charitable activities and generated funds Interest receivable Total incoming resources Resources expended Administration expenses Net incoming resources for the year |
2024 £ 159,879 - 159,879 (45,484) 114,396 |
2023 £ 87,942 - 87,942 (45,422) 42,520 |
|---|---|---|
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| Narborough Road Islamic Centre Registered number: Balance Sheet as at 31 May 2024 Fixed assets Tangible assets 3 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Net assets Funds General unrestricted funds Net Accumulated Funds |
1052275 2024 £ 691,294 90,225 (419) 89,806 781,100 781,100 781,100 |
2023 £ 594,006 73,774 (1,075) 72,699 666,705 666,705 666,705 |
|---|---|---|
Mr M A Jakhura Trustee Approved by the board on 28 February 2025
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Narborough Road Islamic Centre Notes to the Accounts for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been drawn up in accordance with the Statement of Recommended Practice (SORP) - "Accounting and Reporting by Charites" issued by the Charity Commissioners in England and Wales.
Income
Income is accounted for on a receipts basis.
Resources expended
Resources expended are accounted for as the liability is incurred. Expenditure includes irrecoverable VAT which is reported as part of the expenditure to which it relates.
Fund Accounting
All funds and income are unrestricted for the objectives of the charity. There are no unrestricted funds
| 2 | Employees | 2024 | 2023 |
|---|---|---|---|
| Number | Number | ||
| Average number of persons employed by the company | 3 | 5 |
| 2 Employees Average number of persons employed by the company |
2 Employees Average number of persons employed by the company |
2024 Number 3 |
2023 Number 5 |
|---|---|---|---|
| 3 Tangible fixed assets Cost At 1 June 2023 Additions At 31 May 2024 Depreciation At 1 June 2023 Charge for the year At 31 May 2024 Net book value At 31 May 2024 At 31 May 2023 4 Creditors: amounts falling due within one year Other creditors |
Land and buildings £ 591,000 92,147 683,147 - - - 683,147 591,000 |
Plant and machinery etc £ 8,866 6,500 15,366 5,860 1,359 7,219 8,147 3,006 2024 £ 419 |
Total £ 599,866 98,647 698,513 5,860 1,359 7,219 691,294 594,006 2023 £ 1,075 |
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Narborough Road Islamic Centre Detailed income and expenditure account for the year ended 31 May 2024
This schedule does not form part of the statutory accounts
| Income Gift aid Donations Total Administrative expenses Accountancy fees Insurance Rates Light and heat Subscriptions Wages and salaries Telephone & Internet Employer's NI Other legal & professional fees Depreciation Net incoming resources |
2024 £ 20,129 139,750 159,879 150 1,647 4,627 7,072 100 30,197 323 9 - 1,359 45,484 114,395 |
2023 £ 7,249 80,693 87,942 150 1,524 2,783 8,354 - 31,581 - - 500 530 45,422 42,520 |
|---|---|---|
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