THE MUSLIM ASSOCIATION OF SALISBURY CHAIUTY REGISTERED NO: 1059944 27 Wilton Road Salisbury Wiltshire SP2 7ED United Kingdom REPORT LND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 I￿(ARcH 2024 MHC ACCOUNTANTS LTD Chartered Accountants 22 Cavell StreeL London E12HP Tel: 020 7790 0416 Fax.. 020 7790 7845 email: mhussain mhc rou .co.uk THE MUSLIM ASSOCIATION OF SALISBURY Contents Legal and Administrative Information Executive Committee's Annual Report IndepcndcTht Examiner's Report Income and Expenditure Account Balance Sheet Notes fonning part of the Financial Statements 01 02 03 04 05 06-08 PAGE-01 THE IIIUSLIM ASSOCIATION OF SALISBURY LEGAL AND ADMINISTRATIVE INFORMATION Chair erson Ali Manik Secreta Mohammed Cobir Ullah Treasurer Mohammed Somir Uddin Shahin istered Office 27 Wilton Road Salisbury Wiltshire SP2 7ED Jnde dent Examiner MHC Accountants Ltd Chartered Accountants 22 Cavell Street London EI 2HP Banker Al Rayan Bank 97-99 Whitechapel Road London EI IDT PAGE-02 THE MUSLIM ASSOCIATION OF SALISBURY EXECUTIVE COMMITTEE'S AIYNUAL REPORT TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 It is a requirement for th¢ Executive Committee to prepare an Income and Expenditure Account and Balance Sheet for each financial year which gives a true and fair view of the state of affairs of the Organisation and of the result for the year then ended. In preparing those financial statements, the Executive committee members are required to". a. select suiiable accounting policies and then apply them consistently. make judgements and estimates that are reasonable and prudent. c. state whether applicable accounting standards have been followed, subject to any. material departures disclosed and explained in the financial statements. d. prepare the financial statements on the going concern basis. OBJECTIVES AND ACTIVITIES Thc objcctives of The Muslim A&￿CIatiOn of Salisbury are wholly for the public FRnefit. The principal aims of the charity are: l. To further the religious and other charitable work of the Muslim Church in Salisbury, Wilshire and the adjoining counties. 2. To observe and organise Muslim religious days and in particular to promote goodwill for Muslims. 3. To hold regular prayer meetings for the practice and promotion and advancement of Muslim faith.. The executive committee members are responsible for keeping proper accounling records which disclose with reasonable accuracy at any time the financial position of the organisation and enable them lo ensure that the financial statcments comply with relevant legislation. They are also responsible for safeguarding the assets of the organisalion and hence for tsking rcasonablc stcps for th¢ prcvcntion and detection of fraud and other irregularities. (Ali Manikj Chaiman PAGE-03 THE IVtUSLIM ASSOCTATION OF SALISBURY REPORT OF THE INDEPENDENT EXAMIIYERS TO EXECUTIVE COMNllTTEE The charity's Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act), and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145(1) of the Charities Act 201 I, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act), and to state whether particular matters have come to my attention. Basis of inde ndent examiner's re My examination was carried out in accordance with gencral 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 iterns or disclosur¢s in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would bc 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. Inde endent examiner's statement In connection with my examinaiion, no material matter has come to my attention: which gives me reasonable cause to believe that in, any material respect. the requirements: to keep accounting records in accordance with section 130 of the Charities Act to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met. or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Md Mudabbir Hussain MHC Accountants Ltd Chartered Accountants 22 Cavell Street London EI 2HP Date: 0311012024 PAGE-04 THE MUSLIM ASSOCIATION OF SALISBURY INCOME EXPENDrruRE ACCOUNT FOR TKE YEAR 01 APRIL 2023 TO 31 MARCH 2024 2024 COME Donation Various Donations Parents Contribulion Notes 21,202 20,942 4,880 Total Income 47,024 LESS: EXPENDITURE Accountancy fees Bank charges Light and heat Disbursements Rates Repairs and maintenance Telephone and fax Other legal and prof Insurance Wages and salartes Solicitors, fees Water 500 7,722 17,450 3,625 1,759 570 959 525 9,024 4,167 708 Total Expenditure 47,009 Excess of Income over Expenditure 15 We hereby approve the above accounts and confirm that we have supplied all the Infom]ation and explanations required for the preparation of theK accounts. roved b (Ali Manik ) Chairnian (Mohammed Cobir Ullah) Secretary PAGE-05 THE MUSLIM ASSOCIATION OF SALISBURY BALANCE SHEET AS ON 31 MARCH 2024 2024 FIXED ASSETS Tangible Assets Notes 405,292 CURREiYf ASSETS Cash at Bank Cash in Hand Debtors 6,578 4,217 1,000 11,795 LESS: CURRENT LIABILITIES Creditors (232) NET CURRENT ASSETS 11,563 TOTAL NET ASSETS 416,855 REPRESENTED BY: Funds Opening Balance Add: Excess of Income over Expenditure 416,840 15 Balance carried forward 416,855 PAGE-06 THE MUSLIM ASSOCIATION OF SALISBURY NOTES TO THE Accouwrs FOR THE YEAR ENDED 31 MARCH 2024 I. ACCOUNTING POLICIES (a) Basis of Accountin The accounts have been prepared on the historic cost convention. The accounts are in accordance with applicable accounting standards, the Charities SORP (FRS 102) (Accounting and Reporling by Charities) and comply with the Charities (Accounts and Reports) Regulations 2008 issued under the Charities Act 1993 (b) Donation and Grants Income frorn donations and grants including capital grants is includcd in incoming resources when these are receivable, except as follows. When donors specify that donations and grants given to the charity must be used in future accounting periods, the income is deferred until those periods. When donors impose Conditions, which must be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in incoming resources until the pre-conditions for use have been met. When donors specify that donations and grants, including capital grants, ate for restricted purposes, which do not amount to pre-conditions regarding entiilemenL this income is included in incoming resources of restricted funds when receivable. enditure All expenditure is includd on an accrual basis and is recognis¢d when there is a legal or constructive obligation to pay for expenditure. All costs have been directly attributed to one of the functional categories of resources expended. The charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverdble VAT. PAGE-07 THE IWUSLIM ASSOCIATION OF SALISBURY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 2. DONATION During the year the following donations amount have been received and credited in the Income as per the above-mentioned policy. Partieulars Donations 21,202 21,202 3. VARIOUS DONATIONS Various Donations comprise of the following: Particulars Taxi Donations Box Donations Other Donations 1,085 10,012 9,845 20,942 4. WAGES SALARIES & NI Thc Muslim Association of Salisbury has a PAYE (Pay as you earn) Schcme and registered with HMRC as an employer. Net amounts of Wages. salaries & NI payment to Imam, as an employee of The Muslim Association of Salisbury. 5. FIXED ASSETS There are no fixed assets register of The Muslim Association of Salisbury. The Executive Committee should maintain a fixed asset register to control the amount off Fixed Assets. PAGE-8 THE IVtUSLIM ASSOCIATION OF SALISBURY NOTES TO THE ACCOUIYTS FOR THE YEAR ENDED 31 MARCH 2024 FA-Land and Buildin The fixed assets schedule for the ear as follows: Cost Opening Balance as at 0110412023 Addition development cost during the Year 384,212 21.080 Closing Balance as at 3110312024 405,292 Dis NET BOOK VALUE as at 31103ll024 405392 6. DEBTORS: Particulars Mr Hoque and Mr Ali 7. CREDITORS: Mhc Accountants Ltd PAYE and Nl 500 (268) 232