THE MUSLIM ASSOCIATION OF SALISBURY CHARITY REGISTERED TYO: 1059944 27 Wilton Road Salisbury Wiltshire SP2 7ED United Kingdom REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MRCH 2025 MHC ACCOUNTANTS LTD Chartered Accountants 22 Cavell Street, London El 2HP Tel: 020 77)( 0 0416 Fax.. 020 7790 7845 email- mbussain rou .co.uk THE MUSLIM ASSOCIATION OF SALISBURY Contents Lenal and Administrative Information Executive Committee's Annual Report tndependent Examiner's Report Income and Expenditure Account Balance Sheet Notes forn]ing part of the Financial Statements 01 02 03 04 05 06-08 PAGF.-01 THE MUSLIM ASSOCIATION OF SALISBURY LEGAL AND ADMINISTRATIVE INFORMATION Chair erson Ali Manik Secreta Mohammed Cobir Ullah Treasurer Mohammed Somir Uddin Shahin Re istered Office 27 Wilton Road Salisbury Wilishire SP2 7ED Inde endent Examiner MHC Accounlanls Lid Chartered Accounlants 22 Cavell Streel London EI 2HP Banker Lloyds Bank Al Rayan Bank 97_()9 Whilechapel Road London EI IDT PAGE-02 THE MUSLIM ASSOCIATION OF SALISBURY EXECUTtVE COMMITTEE'S ANNUAL REPORT TO THE ACCOUNTS FOR THE YEAR EINDED 31 MARCH 2025 It is a requirement for the Executive Commitlee to prepare an Income and Expenditure Account and Balance Sheet for each financial year which gives a true and fair view of the slate of a￿aIrS of the Organisalion and of the result for the year then ended. In preparing ihose fillancial siatemenls, the Executive committee members are required to.. selecl Suitable accounting policies and ihen apply ihem consistently. make judgements aA]d esliinates thal are reasonable and prudent. stale whether applicable accoullting standards have been followed. subject to any. malerial departures disclosed and explained in the financial slateinenls. d. prepare the financial slaleiiienls on ihe going? concern basis. OBJECTIVES AND ACTIVITIES The objeclives of The Muslim Association of Salisbury are wholly for the public benefit. The principal aims of the charity are: l. To further the religious and other charilable work of ihe Muslim Church in Salisbury, Wilshire and the ad.joining counties. 2. To observe and organise Muslim religious days and in particular lo promote goodwill ror 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 accounting record5 which disclose with reasonable accuracy al any tiine the financial position of the organisalion and enable thein lo ensure that the financial 51atements comply with relevant legislalion. They are also responsible for safeguarding the assets of ihe organisation and hence for taking reasonable steps ror the prevenlion and detection of fraud and other irregyularities. (Ali Mallik) Chairman PAGE-03 THL IMUSLIM ASSOCIATION OF SALISBURY REPORT OF THE INDEPEINDENT EXAMINERS TO EXECUTIVE CO￿￿mITTEE The chai'ity's Trustees consider that an audil is not required for ihis year under section 144 of the Charilies Act 21)1 l (Lhe Chw-ities Act). ajid Lliat an independenl exwninalion is iieeded. It is Iiiy respoi)sibilily lo- examine ihe accounls uiider seclioii 14fj(1) of the Charities Act 2011, lo follow Llie procediires laid down in d)e general Direciioiis given by the Cliarity Coiiiiiiission (l￿der section 145(5)(b) ofthe 2011 Acl), and io slate wlieilier particular maiiei's have corne lo my altention. Basis of inde endent examiner's re ort My exaiiiiiialion W¢1S cari-ied oiil iii i1ccordance wilh general diTeclions given by ilie Charity Coininission. An exaniinaiion includes a review of the accounliiig records kept by ilie charity and a comparisoii of the accoiu]Is presented with Ihose records. IL also iiicludes consideration of any unusiiiil items or disclosures in ihe accoiints and seekingy explanations from ihe trusfres concernin&) any such inattei's. The procediires uiiderlakeii do not provide all Ihe cvidcnce Ihai VOLild be required iii an audil, and consequei)Ily iio opiiiion is g)iven as to wheLher ihe accounis preseiil a 'triie aiid fail view, and ilie report is liiiiited io ih05e malleis sel oul in Llie siatenieiil below. Inde endent examiner's 5tatemeiit In connectioii with my exarninalioii, no matL'rial inaller has come lo my atteiilioii: ,hicli gil'es ine rea5011able cause lo believe ilial in aiiy maLerial respecl, the requirements.. lo keep accouIiting¥ records in accordance with section 130 of the C.liarilies Act io prepai'e accouiils wliicli IL ccord willi Ihe acc04llilinL) records and coinply willi Ilie accoilliiing requireiiieiils ol. Ihe Cliarilies Aci Iiave Iiot beeii iiiet; or 2. lo which, iii Iny opinion. attention sliould be drawn in order to eiiable a proper undeTStanding of Ihe accounls to be reached. Md Mudabbir Hussain MHC Accountanls Ltd Cliariered Accounlanls 22 Cavell Sireet London EI 2HP Date: 2Ci/n112026 PAGE-04 THE MUSLIM ASSOCIATION OF SALISBURY [￿'COME AND EXPETr*'DITURE ACCOUINT FOR THE YEAR 01 APRIL 2024 TO 31 MARCH 2025 2025 TCOME Donalion Various Donations Parents Conlribulion Notes 63,462 47,412 6,439 Total Income 117,313 LESS: EXPENDITURE Accountancy fees Advertisiiig and PR Bank charges Cleaning 500 I,11)5 298 243 Ligyht and heal FTeelancer payment Rwnadan paynient Rales Repairs and mainlenance Telephone and fax Other legal and prof Insurance Wages and salaries Solicitors. fees Subscriptions Sundry Water 9.8()9 14,0()8 7,400 4,105 4,144 718 41,317 2,029 13,986 17,C)60 396 2C)O 1.095 Total Expenditure 119,343 Excess of Expenditure over Income (2,029) We hereby approve ihe above accounts and confirnj that we have supplied all the Inforiiiation and explanalions required for ihe preparalion of ihese accounts. roved b (Ali Manik ) Chainnan (Mohammed Cobir Ullah) Secretary PAGE-05 THE MUSLIM ASSOCIATION OF SALISBURY BALANCE SHEET AS ON 31 MARCH 2025 2025 FIXED ASSETS Tangible Assets Notes 414,988 CURRENT ASSETS Cash al Bank Cash in Hand 4,553 15,785 20.338 LESS: CURRENT LIABILITIES Creditors (20.500) NET CURRENT ASSETS (162) TOTAL NET ASSETS 414,826 REPRESENTED BY: Funds Opeiiing Balance Add.. Excess of Expenditure over Income 41C).855 (2.029) Balance carried forward 414,826 PAGE-06 THE MUSLIM ASSOCIATION OF SALISBURY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 I. ACCOUNTING POLICIES (a) Basis of Aecountin The accounts have been prepared on the hisloric cost convenlion. The accounts are in accordance wilh applicable accounting) standards. Ihe Charities SORP (FRS 102) (Accounling and Reporting by Cliarities) and comply wilh the Charities (Accounts and Reporls) Regulalions 2008 issued under Ihe Charities Act 1993 (b) Donation and Grants Inconie from donalions and grants includj'ng capital grants is included in incoming resources when these are receivable, excepi as follows. When donors specify that donations and granls given lo ihe charity must be used in future accounling periods, the income is defetred until those periods. When donors impose conditions, which must be fulfilled before the charity becomes entitled to use such income, Ihe income is deferred and nol included in incoming resources until the pre-condilions for use have been met. When donors specify that donations and grants, including capital grants, are for restricted purposes, which do not amouiit lo pre-condilions regarding enliileinenl, this incoine is included in illcoming resources of restricled funds when receivable. enditure All expendilure is included on an accrual basis and is recognised when there is a legal or conslructive obligalion lo pay for expendilure. All costs have been directly attributed to one of Ihe functional categlories of resources expended. The charity is nol registered for VAT and accordingly expenditure is shown gross ol irrecoverable VA T. PAGE-07 THE MUSLIM ASSOCIATION OF SALISBURY NOTES TO THE ACCOUh'TS FOR THE YEAR EN'DED 31 MARCH 2025 2. DONATION During) Ihe year the following donations amouni have been received and credited ID the Income as per (he above-lnentioned policy. Particulars Donations 63,4()2 63,462 3. VARIOUS DONATIONS Various Donations comprise olthe following.. ParticulaTS Taxi Donations Safe Donations Box Donations Eid and Ramadan Donaiions oiher Donations 525 2,78.5 11,700 20.578 11,824 47,412 4. WAGES SALARIES & NI The Musliin Associatioll of Salisbury has a PAYE (Pay as you earn) Scheme and regislered with HMRC as an employer. Net amounts olwages, salaries & NI payment to Illi￿ll. as an employee of The Muslim Associalion of Soc lisbury. S. FIXED ASSETS There are Tto r￿ed assets register of The Muslim Association of Salisbury. The Execulive Coinmittee should mainiain a fixed asset regisler lo control tlie amount off Fixed Assets. PAGE-8 THE MUSLIM ASSOCIATION OF SALISBURY NOTES TO THE Accours'TS FOR THE YEAR ENDED 31 MARCH 2025 FA-Land and Buildin The fixed assets schedule for the vear as folloivs: Cost Opening Balance as at 0110412024 Addilional development cost during the Year 405.292 9,696 Closing Balance as al 3110312025 414,988 Dis NET BOOK VALUE as at 3110312025 414,988 6. CREDITORS-falling due less than one year: Particulars Qard Hasanah- Privaie Loan MHC Accounlants Lid 20,000 50Q 20,500 6.1 Qard Hasanah- Private Loans "Qard Hasanah" are loans fioin charity's beiieficiaries, which are repayable on request. There is no interest due, or security given for these loans. Long-term Qard Hasanah loans have been contractually agreed with privale individuals, as not repayable within 12 months. Short-lerm loans can be repayable at any time. 6.2 FRS 102 Departure (Private loans disclosure) FRSI O2 requires long-term interest free loans to be staled at their present value. Erreclively ihis would mean loan amounts states in the account are lower Ihan the actual amounls payable in future. This has potential io confuse ihe charily's Stakeholder, as such ihe Irustees have opted nol to follow FRS102 treatiiient for ihese loans.