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2023-12-31-accounts

Registered charity number 1058291

Masjide-e-Irfan

Financial Statements

31 December 2023

Masjide-e-Irfan Reference and Administrative Information for the period ended 31 December 2023

Address

28/30 Shearbank Road Blackburn Lancashire BB1 8AZ

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

1

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.

2

Masjid-e-Irfan Trustees’ annual report for the period ended 31 December 2022

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

£9,373 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.

£80,002 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

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: 03/10/2024 Trustee

3

Masjide-e-Irfan

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

I report to the trustees on my examination of the accounts of Masjide-e-Irfan (the Trust) for the period ended 31 December 2023.

Respective responsibilities of trustees and examiner

As the charity's trustees are responsible for the preparation of the accounts in accordance with the requirements of 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.

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

n the accounting records were not kept in accordance with section 130 of the Charities Act; or

n the accounts did not accord with the accounting records; or

n 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: 03/10/2024 M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE

4

Masjide-e-Irfan Statement of financial activities for the period ended 31 December 2023

Notes
Unrestricted Endowment
Total
funds
funds
2023
£
£
£
Incoming resources
2
Income and endowments from:
Donations and legacies
84,265
9,373
93,638
Charitable activities
65,501
-
65,501
Total incoming resources
149,766
9,373
159,139
Resources expended
3
Expenditure on:
Charitable activities
159,445
-
159,445
Net movement in funds
(9,680)
9,373
(307)
Reconciliation of funds
Total funds brought forward
206,444
2,488,551
2,694,995
Total funds carried forward
196,764
2,497,924
2,694,688		 Total
2022
£
235,317
79,195
314,512
107,423
207,090
2,487,906
2,694,996

5

Masjide-e-Irfan Balance Sheet At 31 December 2023

Notes
Unrestricted Endowment
Total
funds
funds
2023
£
£
£
Fixed assets
Tangible assets
4
153,150
2,579,696
2,732,846
153,150
2,579,696
2,732,846
Current assets
Debtors
5
101
-
101
Cash at bank and in hand
34,414
-
34,414
34,515
-
34,515
Creditors:amounts falling due within one year
Interest free loans
-
50,200
50,200
Trade creditors and accruals
6
22,473
-
22,473
22,473
50,200
72,673
Net current assets
12,042
(50,200)
(38,158)
Net assets
165,192
2,529,496
2,694,688
The funds of the charity
7
Unrestricted funds
165,192
-
165,192
Endowment Waqaf funds
-
2,529,496
2,529,496
Total charity funds
165,192
2,529,496
2,694,688		 Total
2022
£
2,629,184
2,629,184
101
132,296
132,398
55,200
11,386
66,586
65,812
2,694,996
206,444
2,488,551
2,694,996

Approved by the board of trustees and signed on its behalf by

Mr Ebrahim Munshi Date: 03/10/2024 Trustee

6

Masjide-e-Irfan Notes to the Accounts for the period ended 31 December 2023

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.

7

Masjide-e-Irfan Notes to the Accounts for the period ended 31 December 2023

2
Analysis of incoming resources
Donations and legacies
Donations
Other
Total
Charitable activities
Parent contributions
Total
Total income
3
Analysis of resources expended
Expenditure on charitable activities
Wages and paye
Employee pension
Heat and light
Rates
Water charges
Cleaning and consumables
Insurance
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
2023
funds
funds
Total funds
£
£
£
80,002
9,373
89,375
4,263
-
4,263
84,265
9,373
93,638
65,501
-
65,501
65,501
-
65,501
149,766
9,373
159,139
Unrestricted Endowment
2023
funds
funds
Total funds
£
£
£
100,655
-
100,655
1,586
-
1,586
42,101
-
42,101
(1,044)
-
(1,044)
7,595
-
7,595
-
-
-
300
-
300
3,646
-
3,646
334
-
334
550
-
550
1,330
-
1,330
-
-
-
550
-
550
1,259
-
1,259
250
-
250
333
-
333
159,445
-
159,445
159,445
-
159,445		 2022
Prior year
£
232,323
2,994
235,317
79,195
79,195
314,512
2022
Prior year
£
88,410
1,335
3,405
2,265
2,722
233
-
3,646
373
400
2,410
22
300
510
250
1,142
107,423
107,423

8

Masjide-e-Irfan Notes to the Accounts for the period ended 31 December 2023

4
Fixed assets: tangible assets
Unrestricted
Land and
Buildings
£
Cost
At 1 January 2023
182,322
Additions / Improvements
-
At 31 December 2023
182,322
Depreciation
At 1 January 2023
25,525
Charge for the year
3,646
At 31 December 2023
29,172
Net book value
At 31 December 2023
153,150
At 31 December 2022
156,797
5
Analysis of debtors:
2023
£
Trade debtor
101
Total
101
6
Analysis of creditors:
2023
£
Taxes and other creditors
3,639
Accruals
18,834
Total
22,473
7
Analysis of net assets between funds
Unrestricted
funds
£
Tangible fixed assets
153,150
Current assets
34,515
Current liabilities
(22,473)
Total net assets
165,192
8
Details of certain items of expenditure
2023
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
2,472,387
2,656,029
74,983
32,326
107,309
182,322 76,303
2,504,713
2,763,338
25,525
3,646		 1,320
-
26,845
-
-
3,646
29,172 1,320
-
30,492
153,150 74,983
2,504,713
2,732,846
156,797 -
2,472,387
2,629,184
2022
£
101
101
2022
£
-
11,386
11,386
Restricted
income
Endowment
Total
funds
funds
2023
£
£
£
-
2,579,696
2,732,846
-
-
34,515
-
(50,200)
(72,673)
165,192 -
2,529,496
2,694,688
2022
£
250

9

Masjide-e-Irfan Notes to the Accounts for the period ended 31 December 2023

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

10 Employees
Average number of employees		 2023
Number
20		 2022
Number
18

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

10