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2021-12-31-accounts

Charity registration number: 1058291

Masjid-e-Irfan

Report and Accounts

31 December 2021

Masjid-e-Irfan Contents

Page
Charity Information 1
Trustees report 2
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the accounts 7

Masjid-e-Irfan Charity Information for the period ended 31 December 2021

Address

49 Eldon Road Blackburn Lancashire BB1 8BE

Charity registration number: 1058291

Trustees

Mr Ebrahim Munshi Mr Abdul Samad Umerji Ismail

Appointed independent examiner

M A Ibrahim (FCCA)

Accountants

M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE

Bankers

National Westminster Bank Plc 35 King William Street Blackburn Lancashire BB1 7DL

Barclays Bank UK Plc 8/14 Darwen Street Blackburn Lancashire BB2 2BZ

1

Masjid-e-Irfan Trustees’ annual report for the period ended 31 December 2021

Charity registration number: 1058291

The Annual Report is fully SORP compliant and sets out how the trustees have met their obligations.

The Financial Statement is fully SORP compliant and includes the incoming resources and resources expended.

Objectives and activities

The objects of the charity are set out in the constitution are summarised as follows:

To impart religious education of Islamic faith and prayers to children aged 6-14 years enabling to adopt and abide by moral codes and ethics by the faith and literature set out by the scholars of Islamic University of Deoband India in accordance with "Ahle Sunnat - Waljamat".

In setting our objectives and planning our activities our Trustees have given careful consideration to the Charity Commission's general guidance on public benefit.

Achievements and performance

The Charity carries out a wide range of activities in pursuance of its charitable aims:

The Trustees consider that these activities provide benefit to those who worship at the Mosque.

The mosque continues to provide public benefit through its programme of prayers, religious activities and celebration of key events in the Islamic calendar such as Ramadan and Eid.

Structure, governance and management

Masjid-e-Irfan is registered as a charity with the Charity Commission under charity no: 1058291. It is governed by a declaration of trust dated 29 July 1996.

The executive committee is responsible for the management and administration of the Charity.

They are appointed by the Membership of the Charity. All major decisions are taken by majority votes and in case of equality the chairman has a second casting vote.

Reference and administrative details

See preceding page under 'Charity Information'.

Names of the charity trustees who manage the charity

All trustees are named on the preceding page under 'Charity Information'.

Financial review and reserves policy

The Charity’s main source of income is from public donations.

£178,948 of the Lillah donations are Restricted Endowment Funds. These donations were received from members of the public and local businesses, specifically for the construction of the new Mosque. It is the donors wishes that these funds are not used for any other purpose.

2

Masjid-e-Irfan Trustees’ annual report for the period ended 31 December 2021

The construction of the new Mosque at Shear Bank Road, Blackburn is ongoing.

The trustees would like to thank all those that have so far donated towards the construction of the new Mosque project.

We will require further donations, which we which we hope to raise from the members of the local and national Muslim community.

£45,033 Lillah donations were received from worshippers and used for general maintenance of the mosque premises.

There are no uncertainties about the charity continuing as a going concern.

The Trustees actively review all major risks which the Charity faces and drawn up a risk assessment which is reviewed at every meeting. The Trustees are satisfied that all systems are in place and arrangements have been made to manage any risks identified.

The Trustees would like to thank all those who assisted us with their moral and financial support and trust they continue to do so.

Statement of Trustee’s responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that period in preparing these financial statements, the trustees are required to:-

h Select suitable accounting policies to be applied consistently

h Prepare the financial statements on the going concern bases unless it is inappropriate to presume that the charitable company will continue in operation.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

Approved by the Trustees and signed on its behalf by:

Mr Abdul Samad Umerji Ismail Date: 27/10/2022 Trustee

3

Masjid-e-Irfan

Independent Examiner's Report to the Trustees of Masjid-e-Irfan

I report to the trustees on my examination of the accounts of Masjid-e-Irfan (the Trust) for the period ended 31 December 2021.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 ("the Act").

The charity's trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

Basis of independent examiner’s statement

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 the 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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACCA, which is one of the listed bodies.

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

l the accounting records were not kept in accordance with section 130 of the Charities Act; or l the accounts did not accord with the accounting records; or

l the accounts did 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.

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 accounts to be reached.

The appointed independent examiner of the trust:

M A Ibrahim (FCCA) for and on behalf of Date: 27/10/2022 M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE

4

Masjid-e-Irfan Statement of financial activities for the period ended 31 December 2021

Notes
Unrestricted Endowment
Total
funds
funds
2021
£
£
£
Income
3
Income and endowments from:
Donations and legacies
47,361
178,948
226,309
Charitable activities
87,006
-
87,006
Total
134,367
178,948
313,315
Expenditure
4
Expenditure on:
Charitable activities
107,410
-
107,410
Net income/(expenditure) for the year
26,957
178,948
205,905
Reconciliation of funds
Total funds brought forward
171,948
2,110,053
2,282,001
Net incoming resources for the year
26,957
178,948
205,905
Transfer between Funds
(48,932)
48,932
-
Total funds carried forward
149,974
2,337,932
2,487,906		 Total
2020
£
234,386
82,255
316,641
102,582
214,059
2,067,941
214,059
-
2,282,001

5

Masjid-e-Irfan Balance Sheet At 31 December 2021

Notes
Unrestricted Endowment
Total
funds
funds
2021
£
£
£
Fixed assets
Tangible assets
5
160,443
2,354,385
2,514,828
160,443
2,354,385
2,514,828
Current assets
Cash at bank and in hand
20,992
16,748
37,740
20,992
16,748
37,740
Creditors:amounts falling due within one year
Interest free loans
-
33,200
33,200
Trade creditors and accruals
6
31,462
-
31,462
31,462
33,200
64,662
Net current assets
(10,470)
(16,452)
(26,922)
Net assets
149,974
2,337,932
2,487,906
Funds of the Charity
7
Unrestricted funds
149,974
-
149,974
Endowment Waqaf funds
-
2,337,932
2,337,932
Total funds
149,974
2,337,932
2,487,906		 Total
2020
£
2,238,093
2,238,093
61,369
61,369
13,200
4,262
17,462
43,908
2,282,001
171,948
2,110,053
2,282,001

Approved by the Board of Trustees and signed on its behalf by

Mr Ebrahim Munshi Date: 27/10/2022 Trustee

6

Masjid-e-Irfan Notes to the Accounts for the period ended 31 December 2021

Basis of preparation

1 Basis of accounting

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102 and charities SORP (FRS 102) effective 1 January 2019, published by the Charity Commission in England & Wales.

The charity is a public benefit entity.

2 Accounting Policies

Income

Income from charitable activities and voluntary donations are included in full in the Statement of Financial Activities when received. The value of services provided by volunteers has not been included.

Expenditure

Expenditure is included in the accounts on an accruals basis.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Buildings 2% Straight line Fittings and equipment 5% Straight line

Unrestricted funds

Unrestricted funds are donations and other incoming resources receivable or generated for the charity without further specified purpose and are available as general funds.

Endowment Waqaf funds

Endowment Waqaf funds as applied to mosque property is a religious endowment. The properties under Waqaf endowment are dedicated to Allah SWT for public benefit on a perpetual basis. Restricted Fixed Waqaf funds cannot be gifted, granted or disposed.

7

Masjid-e-Irfan Notes to the Accounts for the period ended 31 December 2021

3
Analysis of income
Donations and legacies
Donations
Other
Total
Charitable activities
Fees receivable
Total
Total income
4
Analysis of expenditure
Expenditure on charitable activities
Wages and paye
Employee pension
Rent
Heat and light
Rates
Water charges
Bank charges
Depreciation
Telephone and internet
Subscriptions and software
Stationery, postage and printing
Accountancy fees
Payroll fees
Independent examiner's fee
Total
Total expenditure		 Unrestricted Endowment
2021
funds
funds
Total funds
£
£
£
45,033
178,948
223,981
2,328
-
2,328
47,361
178,948
226,309
87,006
-
87,006
87,006
-
87,006
134,367
178,948
313,315
Unrestricted Endowment
2021
funds
funds
Total funds
£
£
£
85,595
-
85,595
1,061
-
1,061
300
-
300
11,129
-
11,129
312
-
312
2,710
-
2,710
677
-
677
3,646
-
3,646
142
-
142
100
-
100
483
-
483
500
-
500
505
-
505
250
-
250
107,410
-
107,410
107,410
-
107,410		 2020
Prior year
£
231,935
2,451
234,386
82,255
82,255
316,641
2020
Prior year
£
80,274
1,036
3,995
8,418
279
2,730
355
3,556
105
100
584
350
549
250
102,582
102,582

8

Masjid-e-Irfan Notes to the Accounts for the period ended 31 December 2021

5
Land, buildings, equipment and fittings
Unrestricted
Land and
Buildings
£
Cost
At 1 January 2021
182,322
Additions / Improvements
-
At 31 December 2021
182,322
Depreciation
At 1 January 2021
18,232
Charge for the year
3,646
At 31 December 2021
21,879
Net book value
At 31 December 2021
160,443
At 31 December 2020
164,090
6
Creditors
2021
Analysis of creditors:
£
Accruals
31,462
31,462
7
Analysis of fund assets and liabilities
Unrestricted
funds
£
Tangible fixed assets
160,443
Current assets
20,992
Current liabilities
(31,462)
149,974
8
Details of certain items of expenditure
2021
Fees for examination of the accounts
£
Independent examiner’s fees
250		 5
Land, buildings, equipment and fittings
Unrestricted
Land and
Buildings
£
Cost
At 1 January 2021
182,322
Additions / Improvements
-
At 31 December 2021
182,322
Depreciation
At 1 January 2021
18,232
Charge for the year
3,646
At 31 December 2021
21,879
Net book value
At 31 December 2021
160,443
At 31 December 2020
164,090
6
Creditors
2021
Analysis of creditors:
£
Accruals
31,462
31,462
7
Analysis of fund assets and liabilities
Unrestricted
funds
£
Tangible fixed assets
160,443
Current assets
20,992
Current liabilities
(31,462)
149,974
8
Details of certain items of expenditure
2021
Fees for examination of the accounts
£
Independent examiner’s fees
250		 Unrestricted
Endowment
Fittings and
Land and
Total
equipment
Buildings
£
£
£
1,320
2,074,003
2,257,645
-
280,381
280,381
182,322 1,320
2,354,385
2,538,027
18,232
3,646		 1,320
-
19,552
-
-
3,646
21,879 1,320
-
23,199
160,443 -
2,354,385
2,514,828
164,090 -
2,074,003
2,238,093
2020
£
4,262
4,262
Restricted
income
Endowment
Total
funds
funds
2021
£
£
£
-
2,354,385
2,514,828
-
16,748
37,740
-
(33,200)
(64,662)
149,974 -
2,337,932
2,487,906
2020
£
250

9

Masjid-e-Irfan Notes to the Accounts for the period ended 31 December 2021

9 Transactions with trustees and related parties.

There were no benefits, expenses or remuneration paid to the Trustees or persons connected to them.

10 Employees
Average number of employees		 2021
Number
18		 2020
Number
17

No employee received emoluments of more than £60,000.

10