MEDINA MASJID Charity Registration Number: 1053586 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 REPORTING ACCOUNTANTS.. AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA TEL.. 020 7790 6111 Page 10112
MEDINA MASJID FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS Pages Information of financial Statements Report of Ihe Executive Committee Statement of responsibilities of the Committee.. Independent Examiner's Report Incorne and Expenditure Accounts Statement of Assets and Liabilities 10 Notes to the Accounts 11-12. Page2 of 12
MEDINA MASJID FOR THE YEAR ENDED 31 MARCH 2025 AANAGEMENT COMMITTEE CHAIR PERSON Mr Nurul Islam Kamali GENERAL SECRETARY Mr Yhaya Choudhury TREASURER Mr Abdul Hannan ADDRESS 248 Weslferry Road Poplai London E14 3AG BANKER Natwesl Bank PIC INDEPENDENT EXAMINER AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E14SA TEL.. 020 7790 6111 Charit 's Trustees- Mr Nurul Islatn Kamali MrAbdal Wahab Mr Yhaya Choudhury Mr Abdul Hannan Mr Abdal Hussain Choudhury Mr Aztnan Ali Mr Rabbani Choudhury Mr Moshud Ahmed Choudhury MrAbul Fayez Page 3 of 12
MEDINA MASJID REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report and financial statements for the year ended 31 March 2025. Tlie Ti'lislees liave adoplLd Ilie provisioiis ot tlie Sialement of Recoiiiineiided Pr1< CtiLe (SORP) Accouiiliiii) aiid Reporliiig, by Cliai'ilies iSSLied iii 200) iii prepariiicy tlie aiiiiLial repoil aiid fiiiaiicial stc11eiiieiits ol- thL Cliai-ily. Legiil Statiis: Charity: Registei'ed with the Charity Comniission, chai.ity Nuinbei.: 105J586 Objects, Princip411 Activities and Or(Fa4 nisation of the Charity Tlie Cliclrity's objects are for Ilie beiiefit of tlie inhabitaiit5 of Londoii Boi-OLigli of Tower Flainlets, and iii pai'tiCLilai' iiieiiibers of the MLisliiii M iiiorily Eiliiiic CoiiiiiiLinilies'. To advcince tlie rcligioii 01.1511c In in accordance willi Ilie doctrines and Tenets ot Ilie SLiiini Secl of Islaiii. To a(Ivaiice Ilie edLicatioii of MLisI iills and Miisliiii clii Idreii iii Coiifoi-lnity willi ilie doLtI-iiies aiid bel iefs ol. ilie SLllilii Sect ot- Islain. To provide relief to pool- and iicedy MLISI iins ot- tlie .%iinni SeLt of Miisli1i18 iii tlie Londoii BoroLI(Jli of Towel- l-lainlels, iii P(irticiilar, bLII iiot exclLisively, throLiolI Ilic cslabl isliinenl aiid niaintenaiice ot a mosqLie iii tlie Loiidoii Boi-oii(yli ot. Towel. klainlets. To bc a iioii-pi-ofil, iioii-political or¥T(Illi5ation. To arrangTe and liold coii(TrrLJO .ational prayers and l.%lain ic rel i(Fi0115 activities al api)I'opriale liines -fo condiiLI aiiy soLi(Il, CLIIILlI-al OF i-el joi0LlS aclivities i n tlie bcst Ii-ad ilioiiiil of l.%laiii. To proiiiote frieiidly rclalioiis betiveeii MLi81 lin% aiid iioii-MLisIi Ins. To cslablisli (Iiid illaintaiii a InOSqLie williin the Loiidon Boi'oLI(rli ot- Tower Haiiilels. l o co-opei-ale willi ollier cliarilies, volLintary bodie5 aiid slatLII(Ii"y aLiihorilies aiid excli£iiigye intorinatioii aiid advice witli Ihein. To i-aiqe lund5 and iiivile or i-eceivc donalion5, gifts, loaii, Iii"aiils aiid coiilribiilions, vlietlier l)y SLibscrii)lioii or otliei-wise. provided tlic21 tlie MJM sliall not Liiidei-lake or in any way eii¥age iii any perinanenl ti'adiii( Page 4of 12
MEDINA MASJID REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 Organisi& tion: A Management Committee. the members of which are the trustees manages the affairs of the charity The Management Committee manages the business of the charity including the paying ol all expenses Ti"ustees: Ti-LlStees, ¥iilio are all iiieinbLrs of Ilie executive coininiltee, aiid ivlio sei'ved dliriiig the year are set oiil on Pi< g7e J. The tl'Lis¢ees are elected at tlie AIiiiLial Geiieral Meelin for Ineinbei-sliip ol". tlie Executive Coininittee aiid serve Lllltil tlie eiid of Ilie next AIiiiLial Geiieral Meetiiig, Miliere Iliey cali staiid foi- re- election as Imeinbers ot" Ilie new Executive Coininiltee. Trustees responsibilities in relation to the fin¢1llciKiI st<ltements Tlie eoimniittee or TrLlStees al-e i-eqLliI'ed by cliarily's law lo prepai-e fiiiaiicial statemeiits tor each tinancial year wliich give ci Iriie and fail. view of tlie fiiiaiicial activities of Ilic charity cliid of ils linaiicial position at tlie eiid of tlial yLar. In prep1( rino those linancial statemeiits the I'rLlStees are requii'ed to.. The Trustees are responsible for preparing the Trustees Annual Report and the Financial Slalemenls in accordance with applicable law and regulations and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice). The law applicable lo charilios in England and Wales requires the Trustees lo prepare Financial Statements for Èach financial year which give a true and fair view of the slate of affairs of the charity and of the incoming resources and application of resourGes of the charity for that period. In preparing these Financial Slatemenls, the Trustees are required lo.. Select suitable accounting policies and then apply theffl consislenlly", Observe the methods and principles in Ihe Charities SORP", Make judgements and accounting estimates that are reasonable and prudent", Prepare the Financial Statements on the going concern basis unles5 It is inappropriate to presume that the charity will continue in operation The Trustees are re5pon5ible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial p0511ion of the charity and enable them lo ensure that the Financial Slalements comply with the Charities Act 2011. The Charity (Accounts and Reports) Regulation5 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets ol the charity and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities VOLUNTEERS: The Trustees wish lo record their appreciation on behalf of the Charity and community for the volunteers who assist in the smooth running of the Charity and are critical in helping to keeps the running costs down RISK REVIEW: The Ttuslee5 have conducted their own review ol the major risks lo which the Charity is exposed and slep5 have been initiated to minimise the identified risks. All functions of the Charity are subjected lo periodic review resulting in a process of ongoing improvement. All slalf and volunteers are Irained and have all the required slalulory and regulatory clearances required. Page 5 0112
MEDINA MASJID REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 SERIOUS INCIOENTS AND EXCEPTIONS.. The Trustees are pleased lo note, that there were no incidents which gave rise lo the need for the Trustees lo lodge a Serious Incident Report with the Charity Commission. Furthermore, there were no Exceptions recorded and which gave rise to the need for the Trustees lo record on the Charity's Exceptions, Register. RELATED PARTY TRANSACTIONS: During the yèar the Charity was under the control of Trustees and Management Comrnillee members as listed above. This report, which has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 applicable lo small companies. No members of the management committee received any remuneration during the year. No trustee or other person related lo the charity had any personal interest in any contract or transaction entered into by the charity during the year. Reserve Policy It is the policy of the charity that unrestricted funds, which have not been designated for a specific use. should be maintained al a level equivalent lo ils expenditure. The Trustees consider that resetves al this level will ensure that. in the event ol a significant drop in funding. They will be able to continue the charity's currènt activities while consideration is given to ways in which additional funds may be raised. The Centre will actively work lo achieve this level of reserves. INDEPENDENT EXAMINER According lo the provisions of the Charities 2008 and updated 2011, the Committee has agreed that and audit is not required for this Iinancial year. However due to PfOV15ions of the same act an indèpendent examiner is required and AM Accountancy Services appointed as external Accountant or Independent Examiner. Transaction And fin&illci&il position The Slalemenl of Financial Activities shows net surplus for the year of £84.846 and our accumulated funds sland at £403,210 in total. AM Accountancy Services carried out an Independent examination of the accounts included in the report. This report, which has been prepared in accordance with the Slalemenl of Recommended Practice ISORPI Accounting and Reporting by Charities issued in 2005. Approved by the trustees and signed on its behalf by This report was approved by the Executive Committee on and signed on their behalf. Mr Nurul Islam Kamali Ichairmanl Dale Mr Abdul Hannan (Treasurer) Dale Page6of 12
Accountants. Report To the Ti"Iistecs of MEDINA MASJID FOR THE YEAR ENDED 31 MARCH 2025 We report on the accounts for the year ended 31 March 2025 set out on pages 8 10 12 which have been prepared under Ihe historical cost convention and the accounting policies sel out in note 1 lo the financial slalements. Respective Responsibilities of Trustees and ALcountl4 nts As described oli paoe i Ilie Ii-lislees arL respoiisible lor Ilie pi'eparc1tioii of tlie ti iiancial slaleineiils, aiid Iliey coiisidei- tliat the IrLlSt is exeiiipt li'oiii ali aLidit. It IS OLir I'espoiisibilily to Ci1rry out pi'ocedui-es desigyiied lo ei)able LIS to repoi-l oiir opiiiioii to you. Basis ol. Opinion We conducted our work in accordance with the Statement of Standard5 for Reporting Accountants, and so our procedures consisted of comparing the accounts with the accounting records kept by the charity, and making such limited enquiries of thè Iru51ees and officer5 as we considered necessary for the purpose of this report. These piocedures provide only the assurance expressed in our opinion. ()pinion In our opinion". la) The accounts are in agreement with the accounting records kept by the charity under the requirement5 of the Statement of Recommended Practice- Accounting and Reporting by Charities", {b) Having regard only to. and on the basi5 of, the information contained in those accounts". (11 The accounts have been drawn up in a manner consistent with the accounting requirements specified the Statement of Recommended Practice - Accounting and Reporting by Charities, and 121 The charity satisfied the conditions for the exemption from an audit of the accoun15 for the year speci[ed in the Charities Act. {3} This unaudited Account we have prepared in accordance with the figure, information and explanation we have received from the management of the current committee. AM ACCOUNTANCY SE 43 BEN JONSON ROAD LONDON E14SA VICES AM Accountancy Services 43 Ben Jonson Road London El 4SA Tel.. 020 7790 6111 Dale.. Page 7of 12
MEDINA MASJID Statement of Financial Activities (Income & Expense Statement} FOR THE YEAR ENDED 31 MARCH 2025 2024 Total 2024 Total Notes Unrestricted Reslricled Incoming Resources Voluntary in¢ome'. JRS Grant Memebership fees Parents Contribution Imadiashal All Oiher General Donations 16,250 127.367 16,250 127,367 14,080 98,919 Other Income- Donations Via Gift Aid & Just Giving Total Incomin Resources 143,617 143.617 112,999 Resources Expended Direct Charitable Expenditure Printing. postage, stationery & Advelisement Telephone, fax and photocopie5 Rent, Rates and service charges Light, Heat and Water Books and Material Refreshments Cleaning Wages and Volunteer expenses Events and activities (Project Costs) 497 7,975 7.871 497 7.975 7,871 462 7,975 4.108 139 37,440 383 139 37.440 383 432 33,280 Direct charitable ex endilure 54.305 54,305 46.256 Management & Administration Expenses- Accountancy Advertising and promotion Bank charges Insurance CRB fee Depreciation Sundry Re airs emenl & Administration Ex 500 500 500 445 1,580 445 1,580 411 1,500 1,941 1,941 2,283 1,241 5,935 Mana enses.. 4,466 4.466 Total Resource$ Ex ended 58,771 58,771 52.192 Net Incoming Resources I (resources expended) 84.846 84.846 60,808 Net Movement funds for the period: 84.846 84.846 60,808 Total Funds Brought forward 318,364 318,364 257,556 Balance at 31 March 2025 403,210 403,210 318,364 Page 8of12
MEDINA MASJID Summary Income and Expenditure Account FOR THE YEAR ENDED 31 MARCH 2025 2025 Notes Income Total expenditure Nel Surplus (Deficit) for the financial year 143.617 58,771 84,846 There were no recognised gains other than those included in the Income and Expenditure Account for current year. Page 9of 12
MEDINA MASJID Statement of Assets & Liabilities ( Balance Sheet) As at 31 March 2025 2025 NOTE Fixed Assets Fixture. Fillings and Equipments 10,998 10,998 Current Assets Cash al Bank & in Hand Other Debtors 383,797 11,329 395.126 Current Liabilities Amount falling due lo one year Accruals 2,914 NET CURRENT ASSETS I (LIABILITIES} 392,212 TOTAL ASSETS LESS CURRENT LIABILITIES 403.210 FUNDS: Brought Forward 318,364 Excesslloelicill of income over expenditLJre 84,846 Total Funds 403.210 The financial statements were approved by the Executive Committee and signed on their behalf.. Mr Nurul Islam Kamali (Chairperson) aya Choudhury (General Secretary) Mr Abdul Hannan (Treasurer) Date-. Oate. 16 Dale. 30-61-2 6 The Notes on page5 1010 12 form part of the financial stalemenls. Page 100112
MEDINA MASJID FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES Basis of Accounting Basis of accounting The Financial Statements have been prepared under the historical cost convention. as modified by the revaluation of certain fixed asset5 and investments measured at market value. The Financial Slalemenls have been prepared In accordance with the Financial Reporting Standard for Smaller Enlilies (effective January 20151, and the requirements ol Accounting and Reporting by Charities., Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (effective January 20151 ISORP 20151. b. Grants Revenue grants are credited to the Income and Expenditure account on a receivable basis. ¢. Donations Donation are recorded on a receipt basis. d. Incoming Resources Voluntary income and donations are included in incoming resources when they are receivable, except when the donors specify that they musl be used in future accounting periods or donors, conditions have not been fulfilled, then the income is deferred. The income from fundraising ventures is shown gross, with the as50cialed costs included in fundraising costs. e. Resources Expended Resources expended are included in the Statement of Financial Activities on accrua15 basis, inclusive of any VAT that cannot be recovered. Expenditure that is directly attributable lo specific activities has been included in these cost categories. Whei'e costs are allributable lo more than one act5vily, they have been apportioned across the ¢051 categories on a basis consistent with the use of those resources. f. Going Concern Basis The financial slalemenls have been prepared on the going concern basis. as in the opinion of the trustees, there are no issue5 arising which would suggest any other basis as being more appropriate. g. Administration Costs Administration expenditure includes all expenditure not directly related to the charitable activity. h. Taxation As a charity, they are exempl from lax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation OF Chargeable Gains Act 1992 to the extent that these are applied lo its charitable objects. No tax charges have arisen in the Charity. Depreciation: Depreciation is calculated so as lo write off the c051 of an asset, less ils estimated residual value, over the useful economic life of that asset as follows.. Fixture, Fitting and Equipment.. 15.10 on Reducing Balance method Page11 of12
MEDINA MASJID FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS 2. FIXED ASSETS COST Building and Construction Improvetnenls Al 01 April 2024 Fixtures and fittings Addition Al 31 March 2025 12.939 12,939 12,939 12,939 DEPRECIATION At 01 Apiil 2024 Charge for the year Al 31 March 2025 1.941 1,941 1 ,941 1.941 NET BOOKVALUE Al 01 April 2024 Al 31 March 2025 12.939 10.998 12.939 10,998 Net Surplus of the Financial Year The excess of expenditure over income is slated after charging.. 2025 Accountants, remuneration Depreciation 500 1.941 Creditors and Acrua15 Accountancy PAYE 1,100 1.814 2.914 Fundslcapital 2025 Balance at 31 March 2024 318,364 Balance al 1 April 2024 318.364 Excess1 (Deficill of Income over Expenditure 84,846 Balance at 31 March 2025 403,210 Page 12of12