# |||||||Page| |---|---|---|---|---|---|---| |Charity
Information||||||| |Trustees'
Annual
Report and Statement|||ofTrustees'|Responsibilities||2-7| |Independent
Examiner's|Report|||||8-9| |Statement of Financial|Activities|and Income & Expenditure|||Account|10-12| |Balance sheet||||||13| |Notes to the accounts||||||14-16| ## ## ## ## ## ## ## ## ## |Introduction:
Alfurqan
Islamic Centre embarked
on an|ambitious||fundraising|fundraising|fundraising|campaign|campaign|during|the fiscal year| |---|---|---|---|---|---|---|---|---|---| |2022/2023,
with the primary
objective ofsecuring 51 million
for||the||expansion||and renovation|||project. The| |aim is to transform
the existing
facility into an international
standard||||Mosque||and Community|||Centre,| |catering to the diverse needs ofthe Muslim
community.|Despite||ongoing efforts||||to collect pledges,||| |fundraising
is still in progress.|||||||||| |Project Milestones:|||||||||| |1.Planning
and Approvals:|||||||||| |Secured planning
permission
with 10conditions.|||||||||| |~Fulfilled most planning
conditions.|||||||||| |~Successful
planning
application
forthe courtyard
and|an additional|||floor in the|||mosque.||| |2.Project Team:|||||||||| |~Engaged over 5companies
for sourcing
and building|contractors.||||||||| |~Employed
key personnel,
including
a Project Manager,|Architect,||and||Structural||Engineer.||| |3.Architectural
Work:|||||||||| |Completed
planning
architectural
design.|||||||||| |~Addressed
planning
conditions
related to traflic management.|||||||||| |~Developed
updated
plans, elevations,
and sections.|||||||||| |~Created a detailed
architectural
model for the mosque.|||||||||| |4.Structural
Engineer-
HBL:|||||||||| |~Appointed
a Structural
Engineer to develop design solutions.|||||||||| |~Conducted
investigative
works,
including
trial pits and|a condition|||report.|||||| |Engaged
in site investigation,
including
sample
pits and boreholes.|||||||||| |5.Surveyor:|||||||||| |~Carried out a comprehensive
building
survey.|||||||||| |~Commissioned
a specialist survey (Right to light) and|internal|building|||survey.||||| |~Appointed
a Quantity
Surveyor
for cost implications.|||||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |for the year ended 31 M|arch 202|3|||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Last Year| |||||Funds|Funds|Funds|Total Funds| ||||Notes|2023|2023|2023|2022| |||||8|8|6|8| |incoming resources from
Revenue grants, donations
Revenue
grants, donations
Investment
Income|generated
funds
and legacies- individuals
and legacies- organisations|||840,000
20,391||840,000
20,391|298,432
13,623
18,675| |Total incoming
resources||||860,391||860,391|330,730| |Resources expended|||||||| |Costs ofgenerating
funds
Costs ofcharitable activities
Governance costs||||222,056
1,440||222,056
1,440|175,203
840| |Other resources expended||||1||1|96| |Total resources expended||||223,497||223,497|176,139| |Net incoming resources
before transfers
between funds||||636,894||636,894|154,591| |Net incoming
resources
Other recognised
gains|before
and losses|||636,894||636,894|154,591| |Other recognised
gains|and losses||||||| |Net movement
in funds||||636,894||636,894|154,591| |Reconciliation offunds|||||||| |Total funds
brought
forward||||1,073,764||1 073764|919173| |Total Funds carried forward||||1,710,658||1,710,658|1,073,764| ## |||2023|2022| |---|---|---|---| |||6|2| |Turnover||860,391|330,730| |Direct costs of turnover||222,056|175,203| |Gross surplus||638,335|155,527| |Governance
costs
Other resources expended||1,440
1|840
96| |Operating
surplus||636,894|154,591| |Surplus on ordinary activities before|tax|636,894|154,591| |Surplus for the financial year||636,894|154,591| |Retained surplus
for the financial year||636,894|154,591| |All activities derive from continuing|operations||| ## |Statement ofTotal|Recognised|Recognised|Gains and Losses|Gains and Losses||||| |---|---|---|---|---|---|---|---|---| |for the year ended|31 March|2023||||||| ||||||2023|||2022| |Excess of Expenditure|over income before realisation|||ofassets|636,894|||154,591| |Profit per Profit and Loss account|||||636,894|||154,591| |Net Movement
in funds before||taxation|||636,894|||154,591| |Movements
in revenue
and||capital funds||||||| |for the year ended|31 March|2023||||||| |Revenue accumulated
funds|||||Unrestricted|Restricted|Total|Last year| ||||||Funds|Funds|Funds|Total Funds| ||||||2023|2023|2023|2022| |||||||f|6|F.| |Accumulated
funds brought
forward|||||1,073,764||1,073,764|919,173| |Recognised gains and|losses before||transfers||636,894
1,710,658||636,894
1,710,658|154,591
1,073,764| |Closing revenue
accumulated||funds|||1,710,658||1,710,658|1,073,764| |Summary
of funds||||Designated|Unrestricted|Restricted|Total|Last Year| |||||Funds|Funds|Funds|Funds|TotalFunds| |||||2023|2023|2023|2023|2022| |Revenue
accumulated|funds||||1,710,658||1,710,658|1,073,764| |Total funds|||||1,710,658||1,710,658|1,073,764| ## |as at 31 March 202|3|||||||| |---|---|---|---|---|---|---|---|---| |||||||2023||2022| |Fixed assets||||||||| |Tangible assets||||||674,018||702,265| |Total fixed assets||||||687,353||702,265| |Current assets||||||||| |Debtors||||6|34,501||34,500|| |Cash at bank and in|hand||||1,023,794||358,475|| |Total current assets|||||1,058,295||392,975|| |Creditors:-||||||||| |amounts
due within one year||||7|(29,245)||(21,476)|| |Net current assets||||||1,029,050||371,499| |Total assets less current||liabi%ties||||1,716,403||1,073,764| |Net assets excluding|pension asset f|||liability||1,716,403||1,073,764| |Net assets including
pension asset I liability||||||1,716,403||1,073,764| |The funds ofthe charity:||||||||| |Unrestricted
income|funds|||||||| |Unrestricted
revenue|accumulated||funds||1,716,403||1,073,764|| |Total unrestricted|funds|||||1,716,403||1,073,764| |Total charity funds||||||1,716,403||1,073,764| |Mr Abdirahman
Mohamed||Ali||||Ahmed
I Sarman||| |Trustee||||||Treasurer||| |Approved
by the board oftrustees|||on|18December 2023||||| ## ## ## ## ## ## ## |5|Tangible functional|fixed|fixed|assets||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||Freehold|Fixtures||and|Bugding|Plant snd||| ||||||Land and||Figlngs
6||Improvements|Machinery
6||Total
6| ||Asset cost, valuagon||or revalued||amount|||||||| ||At 1 Ap(6 2022||||662,546||22,920||388686|27,862|1,102,014|| ||Additions|||||||||||| ||At 31 March 2023||||662,546||22,920||388686|27,862|1|102014| ||Accumulated
depreciation|||and Impairment
provisions||||||||| ||At 1 Aprg 2022||||114,629||22,398||237,010|25,713||399,750| ||Depreciation
on revaluation|||||||||||| ||Charge for the year||||10,958|||78|16501.00|709||28246| ||At 31 March 2023||||125587||22,476||253511|26,422||427 996| ||Net book value|||||||||||| ||At 31 March 2023||||536959|||444|135175|1 440||674018| ||At 31 March 2022||||547917|||522|151676|2 149||702 265| |6|Debtors|||||||||2023||2022| |||||||||||6||6| ||Other Debtors|||||||||34,501||34,500| |7|Creditors: amounts|faglng||due within ons year||||||2023||2022| |||||||||||6||6| ||Accrued expenses|||||||||1,440||840| ||PATE and Nl
Wages Due|||||||||16,295
654||7,680
2,648| ||Other Creditors|||||||||10,000||10,000| ||Unpaid
Pension Conlribugons|||||||||856||308| |||||||||||~9245||21,476| |8|Particulars
ofIndividual||Funds and analysis of|||assets|and|liabgltles representing||funds||| ||At 31 March 2023||||Unrestricted|Designated||||Restricted|Total|| ||||||funds|funds||||funds|Funds|| ||||||6|||||6||| ||Tangible
Fixed Assets||||674,018||||||674,018|| ||Current Assets
Current
Liabilities||||1,058,295
~29,245
1,716,403||||||1,058,295
~29,24~5
~1,716403|| |At 1 Aprg 2022|||||Unrestricted|Designated||||Restricted|Total|| ||||||funds|funds||||funds|Funds|| |Tangible Fixed Assets|||||702,265||||||702,265|| |Current Assets
Current
Liab9itles||||392,975
~21,476
1,073,764|||||||392,975
~21,476
1,073,764||