REGISTERED COMPANY 'u.BER: 032731)33 (Lngland and WAles) REGISTERED CHAIUTY NLMBEIL. 1059085 rt of the Trustee5 and Financial St*temtnts for the Year Ended 31 March 2025 for The Muslim Cultural Herit9 e Centre Acom Lbmited b Guarantee Stan Kelly & Co Chartered Certified Accountants Suite 2, Wenta Business Centre. l Electric Avenue Enfield EN3 7Xii
The Muslim Culturnl Herits e Centre Contents of tbe Financial Statements for the Year Ended 31 fvlarch 202) Page Report of the Truste I to 5 Independent Exatnilltr's Report Statement of Finaneial Artivities Balance Sheet 8 to 9 Cash Flow Sttement io Notes to the Cash Flow StsÉement otes to the Fin4nci21 Statements 12 to 19 Detiled Ststement of Financial Aettvitits 20 to 22
Tkne Muslim Cultural Herits e Centre Rt rt uf the Trusttt for the Year Ended 31 March 2025 Th¢ trustK5 who ar¢ a]so directors of th¢ charity foT the purposes of the CoTnp#nies Act 2006. present their report with the financial SeMents of ihe charity for the year ended 31 March 2025. The tret$ have adopted the pmvisions of Accounting and Reporting by Charities.. Statement of Recommended Ptice appli(able to charities preparing their accounts in ac¢ordan¢e with the Fin8n¢ial RerK>rting Standard applicable in the UK and Republic of Ireland (FRS 102) {eff¢ctive l January 2019). OWEcrtVES AND ACttvrriES Objectives and gims As set out in the governing dwument. the purFKWS of the Chartty are.. l. To provide benefit io the public in North Kensington, particularly those in need within the Muslim community. whilst serving as an open-door resource for the wider community. 2. To advance education in Arabic and other subje¢ts. 3. To provide the Muslim and wider community with a fo(al px)int for spiritual, social. cultural. educational. and training a¢ltvities. 4. To promote communftty confidence, reduce isolation, and allevi¢ fear. 5. To act as a resource for the community. the voluntary sector. ststutory agencies. and the wi(kr society. Significant activitie5 ImpA¢t The C¢ntre has served as a trust¢d and inclusive hub for over two decades. Beneficiaries consistently provide positive feedback, highlighting the value of pa0[al care. counselling, and youth support. Pannerships with statutory bodies. interfaith network4 and the voluntary sector remain centrdl to delivcry and accountability. Thc low staff turnover refl¢¢ts strong morale and continuity, strengthening relationship-based services valued by the community. Public benefjt When reviewing our activities. the Trustees refer tr> the Charity Commission guidance on public benefit. The Trustees ensure that th¢ a¢tivities und¢rtak¢n align with the charitable objectives of the TnLSt and are satisfied that the Charity's activities meet the requirements lor d¢monslrating public benefit. Impact of the Charity's Perforniance on Benefici#ries The beneficiaries of the Charity include members of the public who attend and parttcipate in various fimctions listed under main activities. The ongoing* successful provision of these services has provided beneficiaries with essential spiritual support and related benefits. as reflected in the continuous stream of interaaiv¢. wnstructive. and Frf)Sitive feedback rcceived. The Clwity's ¢fforts to diversify its in¢om¢ sour¢es ensure that tbese servic&s will be sustained for the foreseeable future. Broader Impact on SDciety Wid¢r so¢iety has benefited fii)m the spiritual suptK)rt and developmental &ssistance provided to the beneficiaries. contributing to better-adjusted. more content communities. Volunteers The Charity recognises the invaluable contnl)ution of its volunt¢cr5, who providc ovcr 8.000 hours of s¢rvi¢¢ annually. equivalent to more thatt £98,000 of value. Their dedicaiion supp)rts ser4i¢e provision. fundraising. and community initiatives. The Trustee5 extend sincere thanks to 4115taff. volunteeT& don0 parts)ers. and supporters. whose continued commitment enables the Centre to s¢tve the community ¢ff¢ctiv¢ly. Pag¢ I
The Muslim Cultural Herita e Celltre rl vf ihr Tr54¥¢$ fortbe Year Ended 31 March 2025 ACHIEVEMENT AND PERFORMAIYCE Charitable activities Charit2ble and Religious Ac¢ivitles - Daity PrAyers and Pastoral Care.. The Centre continued to provide five daily prdyers. Friday Jummah. Eid, and Janaza services. Imams delivercd religious education, pastordl care. and seminars on Qur'an, Hadith, and Fiqh. -Ramdan 2024 Progr4Tnme: The Centre hosted nightly prayers. Qurfan recitstions. health sessions. and provided over 300 free Iftar mcals daily, including home deliveries to vulnerable households. Matrimonial, Mediation and New Muslim Services: Support was provided to families and individual4 with regular induction and online programmes for new Muslims. Education and Training Saturday School (City-circle Partnership): Delivered Maths. English. debates. and A-level ltIOn to over 80 students. supported by DBS-checked volunteers. -Children's Arabic and Qur'an Classes.. Held throughout the week, providing foundational learning in Arabic and Qulan. - Reference Library: Refurbished to improve acce&sibility. with a focus on updating colledions across age groups. Community Support nd Social Care - Elderly Well-being.. Luncheon clubs and social gatherings helped reduce isolation amongst older men. Al-manaar Counselling Service (ACS): Delivered approximately 90 therdpeutic sessions per month, including specialist child counselling. Community Kitchen.. Continued to serve hot meals after Jumrnab prnyers and supwyrted those affected by Grenfell, covtD-19. and cost-of-living pressures. - Youth Development: Se¢ dedicated s¢¢tion b¢low. - Funeral Service Project.. Development continued on this ¢ssential service to meet Iwal community needs. Social Cohesion and EnEaEemeDt -Interfaith and Civic Engagement.. Active participatlon in civic events, interfaith collalxjrations, and partherships with statutory agencies such &8 the Police. -Annual Open Day and O(ficia] Visits.. Promoied urÈderstandin& inclusivity, and strengthened relationships with local institutions. Media and Awareness Campaigns: Ongoing ¢n888¢ment to address misconceptions and support wider community ci)hesion. Youth Development - Almanaar Youth Development IDitixtive {AYDD AYDI empowet¥ young people through skills dev¢lopm¢ni I¢isuTe a¢tiviti¢& pusonalised support. Over 25 young people are currently registered. Activities included= - Youth Consultations to design relevant progrdmmes. -Boxing and sports in partneT5hip with the Metrow>litan Police. Vocational skills iniliaiives such as cooking workshops and job fairs. -Supw)rt for disadvantsged youth to acce&8 leisure and sumtner activiites. - One-tO-on¢ support for schwl exclusion and mental health chall¢ng¢s. - Weekly awareness sessions on social issues. AYDI was regniSed with the BcOn Mosque Award for Best Youth Service (2023). Fundraising activities The charity relies on grant aid from the donors whose support is highly appreciated. We shall continue to diversify our funding sources to ensure sustainability and long-terni development to meet the changing needs of the cofftmunity we serve. Page 2
The Muslim Cultur#l Herits e Celltre ort of tht Ti'ustte5 for the Year Ended 31 March 2025 FINANCIAL REVIEW Financial position - Income: Tothl income in the year was £930.660 (2024: £682.340). - Result: The Charity generated a surplus of £153.765 during the year (2024: deficit of £66,264). - Funds: Total available funds stood at £4.117,344 at 31 March 2025 (2024: £3.963.579). Reserves policy Th¢ Centre maintsins a reseryes PKJli¢y to ensure financi21 resilience and long-tern) viability. The tsrget is to hold unrestricted reserves equivalent to at leasi three months of operating costs. Reserves are reviewed annually. While progress has been made. challenges remain in securing consistent revenue to build reserves to target levels. Principal Funding Sources The Centre's income is derived from-. - Community donations and weekly collections. - Qrdnts from tK)dies including the Royal Borough of Kensington and Chelse4 Islamic Relief. Randeree Charitable T$( and Help Yateem. - Income from hall and rwm hire. - Fundraising initiatives and Gift Aid claims. Sustsinability Future Plans The Centre is pursuing long-terni stability through: - Endowment (Waqfj Project: Construction complete4. fit-out and operational phases in progress to generdte sustainable income. - Funeral Service Project: In development to provide a vital servi¢¢ and secure rev¢nu¢. sirate"t Plan 202&2028: Prioriiies include youth. ¢lderly* and hornele&8 services. rther faclliry improv¢menw and enhan¢¢d online fundraising. Page 3
The Muslim Cultural Herita e Centre rl vf TryJ¢¢¢s for the Year Ended 31 March 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT Governing documenl The Charity is a company limiied by guarantee. Incorpored on 4 November 1996, governed by its Memorandum and Articles of Association. Trustees are also direclors for the purposes of the Companies Act 2006. The operating natne is The Muslim Culthral Heritage Centre (MCHCIAI MaDaar). Board Composltion 4nd Appointment The Board comprises up to twelve Trustees: seven community representatives. three appointed for specialist skills, and two noTninated by the Royal Borough of Kensington and Chelsra. Trustees (other than RBKC nominees) are appointed by the Board and may serve a m&ximum of two consecutive five-year ternis. The Board meets at le&st four times annually to oversee strategy. finan¢e: and gov¢rnan¢¢. A r¢view of the goveming document is underwa) to ensure alignment with the Charity's future aspirations and compliance with Charity Commission guidatice. Managetnent The Chief Executive Officer (CEO) is restK)nsible for daY4daY operations. Staff management, health and safety. public r¢lations, and delivery of projects and events. The CEO reports quarterly to the Board against approved plans and budgets. Trustee Induction and Training New Truslees receive induction covering governance reSnSIbIlItIe& lIcIes, and strategic priorities. Ongoing training and strategic workshops are provid¢d ftir all Trustees. Engagement with Staff and Stskebolders The Trustees and senior manag¢ment maintain strong engagement with staff, enwurdging open communication. Relationships with suppliers. customers, and mwtory Ixbdi¢s are managed in acconlance with legal and gUlatOry r¢quir¢ments, including prornpt settlement of PAYE and pension contnlyutions. REFERENCE AND ADMINisf114TIVE DETAILS Registered c.ompany number 03273033 (England and Wales) Registered Charity number 1059085 Registered office 244 Acklam Road North Kensington LDndon WIO 5YG Trustees Kasim Ali Chair Abdelilah Sirokh Khadrd Said Muna Mohamed Ali Cllr Marwan Elnagh Cllr Kim D S Taylor-smith Comp8Dy Secretary Abdurahman Sayed Pag¢ 4
The Muslim Cultural Herlta e Centre Re ort of the Trumees foi" the Year EHde41 l Ma1 202 REFERENCE AND ADMINISTRATIVE DETAILS Iiidepertdtiit ExAJlliller Di. C.Olok¢, DBA, M13A. Msc, FCCA Start Kelly & Co Chartered Cth'lified Ac¢ounlBnts Suite 2, Wenta Busin% Cciitr l Electric Avenue EnfT¢I EN3 7XU This rep)rt has been prepar¢d in xcordance with th¢ spe¢ial proyisions of Part 15 of IIK Compani¢5 Ad 20LI5 lating small compani¢$. Approved by otder of the boaTd of trustees (xt 9 SepiemE¢r2025 and signed on lis IKhalf by.. Kastm Ali- TnkSt¢e P,p 4
Inde endent Examiner's Re ort to the Trus¢ees ol Tbe Muslim Cultural Herila e Centre Independent examiner's report to the trusttts of The Muslim Cultural Herilage CeDtre ('the Company.) I rwrt to the ch3rity trustees on my &vamin4tion of the accounts of the Company for the yeAr ended 31 Mgrch 2025. Responsibilities alld basis of rew)rt As the eharity's trustees of the Company (and also its direaors for the purwses of company law) you are reswnsible for the preparation of the accounts in accordance wtth the rquirements of the CoTnpanies Act 2006 (Mh¢ 2006 Acl). Having satisfied myself that the ac¢ounts of the Cornpany are not required to be audited under Part 16 of the 2006 Aci and are eligible for independent examination. I rewrt in respect of my examination of your charity's accounts as carried out under Section 145 of the ChitIeS Act 2011 (knc 2011 ACV). In wrying out my examination I have followed the Directions given by the Charity Commi&sion under Section 145(5) Ib) of the 2011 Act. Independen¢ exrniner's statement Since your chariry's gross income exceeded £250,000 your examin¢r MY be a member of a lisied body. I can confirni that I am qualified to undertak¢ th¢ examination because I am a member of the AsyKiation of Chartered Certified Accountants, which is one of the listed bodies. I have compl¢ted my examination. I confirni th no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by Section J86 of the 2006 ACL or the acwunts do not acwrd with those records" or the accounts do not comply with ihe accounting requirements of Section 396 01 the 2¢)06 Act other than any r¢quirement that the accounts give a lrn¢ and fair view which is not a matter considered as part of an independent examination. or th¢ accounts have not b¢¢n pr¢pared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and rewning by charities (applicable to charities preparing their accounts in a¢¢ordanc¢ with the Financial R¢porting Stsndard appli¢abl¢ in th¢ UK and R¢publi¢ of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drdwn in this report in order to enable a proper understanding of the accounts to be reached. Dr E.Oloke, DBA. MBA, MSC. FCCA The Association of Chartered Certified AccountanLS Stan Kelly & Co Chartered Certified Accountants Suite 2. Wenta Business Centre. l Electric Avenue Enfield EN3 7XU 9 September 2025 Page 6
"I'he Muslim Lultural Herita e Lentre Stattm¢ttt of Fittartcial Attiviti¢s for the Year Ended 31 Mareh 2025 31J25 Total funds 31.3.24 Total funds Unrestricted Restricted funds fund Notes II*COME LND ENDoWMEfS FROM DonatioDS and legacies 227,684 510,672 738J56 562,365 Charitable aetivities Generdl 12W6 12,836 Other tradTng activities Other income iio 119.865 179,488 179,488 Totsl 420,OD8 510,672 930,680 682.340 EXPENDITURE ON Charitable aetivities Charitsble- General Charity fimd restricted 175524 175,524 21,000 44&453 606,353 58,345 21.0(Kl 386,963 61,490 32,649 131938 Total 507J52 269,663 776.915 748,634 NET INCOMEI{EXPENDITURE) -87244 241,(W9 153.765 (66.294) RECOLYCILIATION OF FUNDS Totsl funds brought forward 3,963579 3,963579 4,029.873 TOTAL FUNDS CARRIED FORWARD 3,876J35 241,(M)9 4,117J44 3,963 579 The notes forni part of these financial statements Page 7
'I'he Muslim Lultural Herita e Lentre Balallrt Sh¢¢t 31 Lllarch 2025 31J.25 Total funds 31.3.24 Total funds Unrestricted runds Restricted fund Notes FIXED ASSETS Tangible assets 354&228 3.548228 3,497.002 CURRENT ASSETS D¢btors Cash at bank and in hand 12 38,744 344 38,744 595 1$7 12,804 499811 250,615 383286 250.615 633,)1 512,615 cREDoRs Atnounts falling due within one y¢ar 13 (64,785) {64,785) (46,038) NET CURRENT ASSETS 318501 250,615 TOTAL ASSETS LESS CURRENT LIABILtTIES 3866,729 250.615 4.117J44 3,963.579 NET ASSETS 3866,729 250,615 4,1 17J44 3.963,579 FUNDS Unrestricted funds 14 4,J17J44 3 963 579 TOTAL FUNDS 4,117J44 3,963.579 The charitable company is entitled to exemption from audit undv S¥¢tion y177 of the Companies Act ?006 for the year ended 31 March 2025. The members have not required the company to obtsin an audit of its fmaneial ststements for the year end 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that th¢ ¢h8ritabl¢ company ke¢ps a¢Unting records that cornply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a trne and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each finan¢ia] year in accordance with the requirements of Sections 394 and 395 and which otherwisc comply with the ffquirements of the Companies Act 2006 relating to financial statements so far as applicable to the charitsble company. (b) The notes form part of these financial statements Page 8 continued...
The Mllsli clIU1 Herila Centre Ilalanee heet- 31 MAreF£ 2025 These fu[¥1 statern have been preprnl in acco with the provisTons applieable to charitsbk componies subject to the sr[11 companA¢s tesÉwA The fmancial statements were approved by the Board of TrUstS and autbori for I7¢ Lm 9 Septe4nber 2025 and were on its beFAlf by.. MuTha Mohamed Ah". TllLsI¢¢ The notes fo pBrtof fancIal statemerLts Pa8¢ 9
The Muslitu Culturnl Herita e Centre Flow Stat¢Jn¢llt for the Year Ended 31 Mareh 2025 31325 31.3.24 Notes Cash flows from opernting artiwt¢ies Cash generated from operations 166,679 Net cash provided by op¢rating tIvitieS 40.323 Csh flows from investing #ctivities Purchase of tsngible fix assets 71J33 Net C&8h (used iDyprovided by investing activities 71J33 Change in $h alld eash equivlents in ihe reporting period Cash and casb equivslents ¢ the beginning of the reporting peri(Ml 95J46 40,323 459 488 Csh attd easb equivalents at the end of the reporting period 595,157 499.811 The nnteq fnTm part nf thtse financia] £tatemenLs Page 10
The Muslim Cultural Herita e Celltre Tr4vlYs ¢v Illy Flvjv for the Year Ended 31 March 2025 RECONCILIATION OF IYET INCOME/{EXPENDITURE) TO NET CASH FLOW FROM OPERATIIYG ACTivrriES 31J25 31.324 Net ineomel(expenditure) for the reporting period (as per the StatemeDI of FIatIll Activitits) Adjustments for: Depreciation charges (In¢reas¢)/de¢r¢ase in debtors Increase in creditors 153,765 (66294) 20,107 (25,940) 9,192 66,445 30,980 Net cash provided by opera¢ioDs ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Cash flow At 31.3.25 Net cash Cash at bank and in hand 499,811 95J46 595,157 499.811 95J46 595 157 Total 499811 95 59S,157 The noteq forni part of these financial statements Pagell
The Muslitll Cultural Herita e Centre Notes to the Flllallclal SlatetlleDts for the Year Ended 31 Mareh 2025 ACCOUNTING POLICIES Baslg of preparing the financial statements The financial slat¢menls of the charitable company? which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Aceounting and RertIng by Charities: Statement of Re¢omm¢nded Practice applieable to charities preparing their accounts in accordance with the Financial Re]y)rting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Rey)rting Standard 102 The Financial Rep)rting SÉ8nd2rd applicable in the UK and Republic of Ireland, and the Companies Act 2006. The fmancial statements have been prepared under the historical cost convention. Income All income is recognised in the Siatement of Financial Aciivilies once the chariry has entitlement to the fvnds. it is probable that the income will be received and the amoLmt can be measured reliably. Expellditure Liabilities are recognis¢d &s expenditure as soon as there is a legal or constructive obligation committing the charity to ¢xpenditure. it is probable that a transfer of economic benefits will be required in settl¢m¢nt and the amount of the obligation cart be me&8ured reliably. Expenditur¢ is accounted for on an acenMls basis and has been classified under headings that aggregate all cosl relat¢d to the category. Where (L)sts cannoi be dIrtlY atttibuted to particular headings they have bttn allocated to activities on a basis consistent with the use of resources. Tangibl¢ fixed assets Depreciation is provided at the following amiuai rths in order to write off each asset over its estimated useful lifr. Plant and machinery Fixturcs and fittings Motor v¢hicl¢s Computer equipment 201J/o on ¢ost 200/0 on cost 250/0 on c4)st 250/0 on o)st Taxxtion The charity is exempt from corFKJration tax on its charitsble activities. Fund aceounting Unre5tncted bjnds can be used in accordance with the charitable objectives the discretion ofthe mistees. Restricted funds can only b¢ used for particular restricted purw)ses within the objects of the charity. Restrictions arise when specified by the donor or when funds are rnised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-retirement benefits The charitabl¢ wmpany op¢rdtes a defined contribution pension sch¢m¢. Contributions payable to the charitable company's pension scheme are charged to the Siatement of Financial Activities in the period to which they relate. Page 12 continued...
The Muslim Cultural Herits e Centre for the Year Ended 31 March 2025 DONATIONS AND LEGACIES 31J25 31.3.24 Private donation Donations Gift aid Legacies and endowment Grants Friday offerings Zakat, sadaqa and fitrana-res Ramadan collections Eid collections Zakat project 89.092 70,774 78.489 54,050 19,0(M) 128,293 137,878 94,680 22.426 19,606 7.943 278,461 129,018 108,978 8.120 39,436 9,167 5JlO 738J56 562,365 Grdnts received, incIled in the above, are follows: 31J25 31.3.24 Loca] Governrnent Misc grants Other grants 119.988 9,030 137 878 129 018 137 878 OTHER TIiADJIYG AcfivmES 31.3.25 31.3.24 Canteen receipts 110 INCOME FROM CHAIUTABLE AcfMTIES 31J25 31.3.24 Activity General Box collections 12,836 Page 13 continued...
The Muslim Cultural Herila e Centre for the Year Ended 31 Mgreh 2025 CHAIUTABLE ACTIVITIES COSTS Support costs (see note 61 Direct Costs Totals Charitable General Charity fimd restrlcted 175524 45 448.453 175,524 21,000 448,453 20.955 624 022 20,955 644.977 SUPPORT COSTS )vernance Finance costs Totals Genernl NET INCOMEI{EXPENDITURE) Net ineom£l(expenditure) is stated after chargin{CredItI8). 31J25 31.3.24 Depreciation - owned assets 20,107 TRUSTEES, REMUNEIL4TION AND BENEFrrs There were no mistees. remuneration or other benefirs for thc y¢ar ¢dl 31 Mdtbh 2025 ful Llir ¢ixd¢d 31 March 2024. Trnstees, expenses There were no trsteeS. expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. srAFF COSTS 31.325 31.3.24 Wages and salaries Social security. wsls Other pension Costs 44&538 39,739 11.044 417,(M)4 35,004 10.227 499J21 The average monthly number of employees during the year was as follows: 31.3.25 20 31.3.24 20 Management and support sfaff No employees r¢ceived emolurnents in excess of £60,IY)O. Page 14 continued...
I'he Muslim Cultural Herits e Lentre Nvlvs Iv ¢lJr Fi¥1CIal Stateweuts - for the Yvdr Ended 31 Mareh 2025 io. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted funds INCOME AND ENtK)WMENTS FROM Donations and legacies 562,365 Othcr trading a¢tivtlies Other income iio 119 865 Tot#1 682.340 EXPENDITURE ON Charitable aelivities Charitsble General 606.353 58,345 Totil 748 634 NET INCOMEI(EXPENDITURE) (66294) RECONCILIATION OF FUNDS Total funds broughi forward 4.029.873 TOTAL FUNDS CARIUED FORWARD -3.963,579 Page 15 conlinued...
The Muslim Cultural Herita e Centre for the Year Ended 31 March 2025 ii. TANGIBLE FIXED ASSETS Fixtures Freehold PToperty Plant and rnachinery fittings cosr At l April 2024 Additions 4.79&903 112,707 10,192 232.948 At 31 March 2025 4,798,903 122W9 232.948 DEPRECIATION At l April 2024 Charge for year I J09,430 105,178 4022 232,948 At 31 March 2025 iio,o(K) 232948 NET BOOK VALUE At 31 March 2025 3,489,473 12199 At 31 March 2024 3,489.473 7,529 Motor vehicles Computer equipment Totsls cosr At l April 2024 Additions 5.144,558 71J33 48JOS 12.836 AT 31 March 2025 48 DEfRECTATION At l April 2024 Charge for year 1ffi47,556 20,107 12.076 3209 At 31 March 2025 3J09 1ffj67,663 NET BOOK WALUE At 31 March 2025 36229 9,627 3J48228 At 31 March 2024 3 497,002 Pag¢ 16 continued...
'I'he Muslim Lultural Herita e Centre Not¢5 to th¢ Fillancial Sta*ttts - continued for the Year Ended 31 March 2025 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31J25 31.3.24 Other debtors 38,744 13. CREDITORS: AMOUNVS FALLING DUE THIN ONE YEAR 31J25 31.3.24 Trade creditors Social Surity and other tsxes Pension payable Salaries and wag¢s payabl¢ Other ¢reditors Accrued expenses (i) 18,000 23,000 682 (1,045) 40J47 1800 26239 14. MOVEMENT IN FUNDS Net movement in funds At 31.3.25 At 1.4.24 Unrestricted lullds Genernl fund 3,963579 153,765 4.117J44 TOTAL FUNDS 3963J79 153765 4,117a44 Net movemenl in fimd& included in the above are 18 follows: Incoming Resou¢9 ¢xpended Movement in funds UDrestrirted funds General fvnd 930ffi80 (776915) 153,765 TOTAL FUNDS 930,680 76,915) 153,765 Page 17 continued...
Tbe Illuslim Cultural Herits e Centre Notes to the financial StattnJentS - CODtinued for the Year Ended 31 March 2025 14. MOVEMENT IN FUNDS- eontinved Comparatives for movemen¢ in funds Net movement in funds At 31.3.24 At 1.4.23 Unrestricted funds General nd 4.029.873 (66.294) 3.963.579 TOTAL FUNDS 4 029 $73 66.294) 3 963 579 Comparative net movement in funds. included in the above are 18 follows: Incoming resources Resources expended Movemeni in fijnds Unrestricted funds General fund 682.340 (748.634) (66,294) TOTAL FUNDS 682.340 748.634 66,294 A current year 12 months and prior year 12 months combined position is as follows: Net moverDent in funds At 31.3.25 At 1.4.23 Unrestricted fun(Ls General lld 4.029.873 87.471 4.117.344 TOTAL FUNDS 4 029.873 87.471 4.117,344 A current year 12 months and prior year 12 months combined net movernent in fimds, included in th¢ alM)ve are as follows.. Incoming Resources expended Movement in fvnds Unrestrieted funds General fund 1.613.020 (1.525.549) 87.471 TOTAL FUNDS 1.613,020 (1525.549) 87.471 Page 18 Continued...
The Muslim Cultllrgl Herits e Lentre Notu to th¢ Financial Stat¢ents - routillucd for the Year Ended 31 March 2025 J5. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page 19