Registered charity number 1058291
Masjid-e-Irfan
Financial Statements
31 December 2022
Masjid-e-Irfan Reference and Administrative Information for the period ended 31 December 2022
Address
49 Eldon Road Blackburn Lancashire BB1 8BE
Registered charity number 1058291
Board of 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
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Masjid-e-Irfan Trustees’ annual report for the period ended 31 December 2022
Registered charity 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.
Activities and achievements
The charity carries out a wide range of activities in pursuance of its charitable aims.
The trustees consider that these activities, summarised below provide benefit to those who worship at the Mosque.
The mosque continues to provide public benefit through its programme of prayers, religious activities, celebration of key events in the Islamic calendar such as Ramadan and Eid, funeral facilities, Nikah (Islamic marriage) ceremonies, lectures to promote islamic awareness and knowledge and community activities.
Finally the trustees may decide from time to time to organise and undertake such other projects consistent with the spirit of Islam.
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 information
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'.
Risk management, financial review and reserves policy
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.
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Masjid-e-Irfan Trustees’ annual report for the period ended 31 December 2022
The charity’s main source of income is from public donations.
£193,143 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.
£40,880 Lillah donations were received from worshippers and used for general maintenance of the mosque premises.
The trustees have reviewed the reserves of the charity. Funds available are sufficient to permit the charity to continue in operation in the medium to long term, together with the continued support from the donors.
The construction of the new Mosque at Shear Bank Road, Blackburn is in its final stages.
The Trustees would like to thank all those who assisted us with their moral and financial support and trust they continue to do so.
There are no uncertainties about the charity continuing as a going concern.
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
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h Observe the methods and principles in the Charities SORP
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h Make judgements and estimates that are reasonable and prudent
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h State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and,
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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: 25/10/2023 Trustee
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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 2022.
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.
It is my responsibility to:
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l examine the accounts under section 145 of the Charities Act,
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l to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
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l to state whether particular matters have come to my attention
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
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: 25/10/2023 M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE
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Masjid-e-Irfan Statement of financial activities for the period ended 31 December 2022
| Notes Unrestricted Endowment Total funds funds 2022 £ £ £ Incoming resources 2 Income and endowments from: Donations and legacies 43,874 191,443 235,317 Charitable activities 79,195 - 79,195 Total incoming resources 123,069 191,443 314,512 Resources expended 3 Expenditure on: Charitable activities 107,423 - 107,423 Net movement in funds 15,646 191,443 207,090 Reconciliation of funds Total funds brought forward 149,974 2,337,932 2,487,906 Total funds carried forward 165,620 2,529,375 2,694,996 |
Total 2021 £ 226,309 87,006 |
|---|---|
| 313,315 | |
| 107,410 | |
| 205,905 | |
| 2,282,001 | |
| 2,487,906 |
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Masjid-e-Irfan Balance Sheet At 31 December 2022
| Notes Unrestricted Endowment Total funds funds 2022 £ £ £ Fixed assets Tangible assets 4 156,797 2,472,387 2,629,184 156,797 2,472,387 2,629,184 Current assets Debtors 5 101 - 101 Cash at bank and in hand 60,932 71,364 132,296 61,033 71,364 132,398 Creditors:amounts falling due within one year Interest free loans - 55,200 55,200 Trade creditors and accruals 6 11,386 - 11,386 11,386 55,200 66,586 Net current assets 49,648 16,164 65,812 Net assets 206,444 2,488,551 2,694,996 The funds of the charity 7 Unrestricted funds 206,444 - 206,444 Endowment Waqaf funds - 2,488,551 2,488,551 Total charity funds 206,444 2,488,551 2,694,996 |
Total 2021 £ 2,514,828 |
|---|---|
| 2,514,828 - 37,740 |
|
| 37,740 33,200 31,462 |
|
| 64,662 | |
| (26,922) | |
| 2,487,906 | |
| 149,974 2,337,932 |
|
| 2,487,906 |
Approved by the board of trustees and signed on its behalf by
Mr Ebrahim Munshi Date: 25/10/2023 Trustee
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Masjid-e-Irfan Notes to the Accounts for the period ended 31 December 2022
1 Accounting Policies
(a) Basis of preparation
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.
(b) Funds structure
Unrestricted funds are donations and other incoming resources receivable or generated for the charity without further specified purpose and are available as general funds.
Restricted funds are funds subject to specific trusts, which may be declared by the donor(s) or with their authority (e.g. in a public appeal) or created through legal process, but still within the wider objects of the charity. Restricted funds may be restricted income funds, which are spent at the discretion of the trustees in furtherance of some particular aspect(s) of the objects of the charity, or they may be endowment funds, where the assets are required to be invested, or retained for actual use, rather than spent.
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.
(c) Incoming resources
All 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 in these accounts.
(d) Resources expended
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
(e) Tangible fixed assets and depreciation
Depreciation is charged on fittings and equipment which is written off on a straight-line basis over their estimated useful lives:
Asset category Annual rate Fittings and equipment 5%
The trustees are of the opinion that the depreciation charge for the buildings is not required as the buildings are maintained and the expenditure reflected in the income and expenditure account.
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Masjid-e-Irfan Notes to the Accounts for the period ended 31 December 2022
| 2 Analysis of incoming resources Donations and legacies Donations Other Total Charitable activities Fees receivable Total Total income 3 Analysis of resources expended Expenditure on charitable activities Wages and paye Employee pension Rent Heat and light Rates Water charges Cleaning and consumables Bank charges Depreciation Telephone and internet Subscriptions and software Stationery, postage and printing Sundry expenses Accountancy fees Payroll fees Independent examiner's fee Bank charges Total Total expenditure |
Unrestricted Endowment 2022 funds funds Total funds £ £ £ 40,880 191,443 232,323 2,994 - 2,994 43,874 191,443 235,317 79,195 - 79,195 79,195 - 79,195 123,069 191,443 314,512 Unrestricted Endowment 2022 funds funds Total funds £ £ £ 88,410 - 88,410 1,335 - 1,335 - - - 3,405 - 3,405 2,265 - 2,265 2,722 - 2,722 233 - 233 - - - 3,646 - 3,646 373 - 373 400 - 400 2,410 - 2,410 22 - 22 300 - 300 510 - 510 250 - 250 1,142 - 1,142 107,423 - 107,423 107,423 - 107,423 |
2021 Prior year £ 223,981 2,328 |
|---|---|---|
| 226,309 | ||
| 87,006 | ||
| 87,006 | ||
| 313,315 | ||
| 2021 Prior year £ 85,595 1,061 300 11,129 312 2,710 - 677 3,646 142 100 483 - 500 505 250 - |
||
| 107,410 | ||
| 107,410 |
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Masjid-e-Irfan Notes to the Accounts for the period ended 31 December 2022
| 4 Fixed assets: tangible assets Unrestricted Land and Buildings £ Cost At 1 January 2022 182,322 Additions / Improvements - At 31 December 2022 182,322 Depreciation At 1 January 2022 21,879 Charge for the year 3,646 At 31 December 2022 25,525 Net book value At 31 December 2022 156,797 At 31 December 2021 160,443 5 Analysis of debtors: 2022 £ Trade debtor 101 Total 101 6 Analysis of creditors: 2022 £ Accruals 11,386 Total 11,386 7 Analysis of net assets between funds Unrestricted funds £ Tangible fixed assets 156,797 Current assets 61,033 Current liabilities (11,386) Total net assets 206,444 8 Details of certain items of expenditure 2022 Fees for examination of the accounts £ Independent examiner’s fees 250 |
Unrestricted Land and Buildings £ 182,322 - |
Unrestricted Endowment Fittings and Land and Total equipment Buildings £ £ £ 1,320 2,354,385 2,538,027 - 118,002 118,002 |
|---|---|---|
| 182,322 | 1,320 2,472,387 2,656,029 |
|
| 21,879 3,646 |
1,320 - 23,199 - - 3,646 |
|
| 25,525 | 1,320 - 26,845 |
|
| 156,797 | - 2,472,387 2,629,184 |
|
| 160,443 | - 2,354,385 2,514,828 |
|
| 2021 £ - - 2021 £ 31,462 31,462 Restricted income Endowment Total funds funds 2022 £ £ £ - 2,472,387 2,629,184 - 71,364 132,398 - (55,200) (66,586) |
||
| 206,444 | - 2,488,551 2,694,996 |
|
| 2021 £ 250 |
9 Transactions with trustees and related parties.
There were no benefits, expenses or remuneration paid to the Trustees or persons connected to them.
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Masjid-e-Irfan Notes to the Accounts for the period ended 31 December 2022
| 10 Employees Average number of employees |
2022 Number 18 |
2021 Number 18 |
|---|---|---|
No employee received emoluments of more than £60,000.
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