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2025-03-31-accounts

Registered Charity Number 1064859

The Manchester Somali Islamic Cultural Trust Report and Accounts for the year ended 31 March 2025

The Manchester Somali Islamic Cultural Trust Report and accounts Contents

Page
Charity Information 1
Trustees' Annual Report and Statement of Trustees' Responsibilities 2-4
Independent Examiner's Report 5-6
Statement of Financial Activities and Income & Expenditure Account 7-9
Balance sheet 10
Notes to the accounts 11-13

The Manchester Somali Islamic Cultural Trust Charity Information

Trustees

Omer Ismail Barud (Chair of Trustees) Mustafa Younis Abdirahman Mohamed Ali (Treasurer) Zekariya Farah Salah (Secretary) Ismail Adam Hussen

Accountants

Zia & Co Chartered Certified Accountants

825A Stockport Road Manchester M19 3PN

Bankers

Barclays Bank Plc Manchester Universities Leicestershire LE87 2BB

Registered office

Unity House, 42 Great Southern Street Manchester M14 4EZ

Registered charity number

1064859

1

The Manchester Somali Islamic Cultural Trust

The report of the trustees for the year ended 31 March 2025

Welcome to the Annual Report of Alfurqan Islamic Centre (AIC) for the year 2025. This report presents a comprehensive overview of our activities, achievements, and financial performance over the past year. Our commitment to transparency and accountability ensures that our supporters, beneficiaries, and partners can see the impact of their contributions and understand our ongoing journey.

Name, registered office and constitution of the charity

The full name of the charity is The Manchester Somali Islamic Cultural Trust.

The legal registration details are :- The Registered Office is Unity House, 42 Great Southern Street Manchester M14 4EZ Charity Registration Number 1064859 The telephone number is 01612486143 The Charity is a registered charity and is constituted under a trust deed dated 14th October 1997.

Chair's Statement

Assalaamu 'Alaykum Warahmatullaahi Wabarakaatuh.

On behalf of the Board of Trustees, I am pleased to present the Annual Report and Accounts for The Manchester Somali Islamic Cultural Trust (operating as Alfurqan Islamic Centre) for the year ending 31 March 2025.

This year has been a period of significant consolidation and growth for our centre. We have continued to serve as a vital spiritual and community hub for Manchester's diverse Muslim population. Through our eleven integrated projects, we have successfully delivered educational, social, and welfare services to thousands of beneficiaries, ranging from young children in our Academy to our elders in social care programs.

Our commitment to "Vision 2030" remains steadfast. We are particularly proud of the strides made in our youth engagement, with a 32% participation rate among young people, and the continued progress of our ambitious Mosque Expansion Project. Despite the challenging economic climate, the generosity of our community has shone through, allowing us to maintain our services and push forward with our building plans.

I would like to extend my heartfelt gratitude to our dedicated staff, tireless volunteers, generous donors, and strategic partners. Your support is the bedrock of our success. May Allah (SWT) accept your efforts and continue to bless our community.

Achievements and Performance

During the year ended 31 March 2025, Alfurqan Islamic Centre continued its mission to serve Manchester's diverse Muslim community through eleven integrated projects, delivering spiritual, educational, social, and welfare services to thousands of beneficiaries.

Project 11: Strategic Partnerships

Collaborating for greater impact and resource sharing.

Partners: Maintained and expanded relationships with Islamic Relief, National Zakat Foundation, local Universities, the NHS, and Manchester City Council.

Growth: Established 8 new partnerships this year.

Impact: Achieved a 37% increase in collaborative activities, enhancing service delivery in health, welfare, and education.

Milestones Achieved in 2024/2025

Tenders Process for Approved Contractors: Following the successful securing of planning permission with all 10 conditions fulfilled and building control approvals obtained, a formal tender evaluation process has been implemented. The project utilizes a comprehensive Tender Evaluation Form assessing contractors across multiple criteria including:

2

The Manchester Somali Islamic Cultural Trust

The report of the trustees for the year ended 31 March 2025

Policies on reserves and going concern

The balance held in unrestricted reserves at 31st March 2025 was £ 1,930,017 (2024: £1,896,668).

The organisation has sufficient funds to meet day to day operations and it is the intention of the charity to reserve sufficient funds to secure a building.

The Charity's main source of income is donations. The Trustees consider that it is appropriate to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if these sources of income should cease.

The name of the Chief Executive Officer and other senior staff member(s) to

whom day to day management of the charity is delegated by the charity trustees.

Abdirahman Mohamed Ali

The members of the Board of Trustees of the Charity at the date the report and accounts were approved were:-

Omer Ismail Barud (Chair of Trustees) Mustafa Younis Abdirahman Mohamed Ali (Treasurer) Zekariya Farah Salah (Secretary) Ismail Adam Hussen

Independent Examiner

Mr Muhammad Saeed Zia FCCA

Zia & Co

Chartered Certified Accountants

825A Stockport Road Manchester M19 3PN

Statement of Trustees' Responsibilities

The Charities Act require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements and comply with regulations made under the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provision of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

3

The Manchester Somali Islamic Cultural Trust

The report of the trustees for the year ended 31 March 2025

The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.

Method of preparation of accounts

These accounts have been prepared in accordance with the provisions applicable law and United Kingdom Accounting Standards (UK Generally Acceptable Accounting Practice).

This report was approved by the board of trustees on 9 October 2025.

Mr Abdirahman Mohamed Ali

Treasurer

4

The Manchester Somali Islamic Cultural Trust Independent Examiner's Report to the trustees of the charity

Report of the Independent Examiner to the trustees

on the accounts of the Charity for the year ende 31 March 2025

I report on the financial statements of the Charity on pages 10 to 17 for the year ended 31 March 2025 which have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and with the Charities Act 2011. (The SORP), under the historical cost convention and the accounting policies set out on page 12.

Respective responsibilities of trustees and examiner

As described on page 4, the Charity's trustees, who are also the directors of the company for the purposes of company law, are responsible for the preparation of the financial statements.

Having satisfied myself that the charity is not subject to audit under company law, or otherwise, and is eligible for independent examination, it is my responsibility to:-

a) examine the accounts under section 145 of the Act;

b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and;

c) to state whether particular matters have come to my attention.

Basis of opinion and scope of work undertaken

I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales setting out the duties of an independent examiner issued by the Charity Commissioners under section 145(5)(b) of the Act) in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.

The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtain written assurances from the trustees of all material matters.

5

Independent Examiner's Statement

In connection with my examination, except as disclosed below, no matter has come to my attention: (1)which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records have in accordance with section 130 of the 2011 Act; and

to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act,

have not been met; or

(2) to which, in my opinion, attention should bedrawn in order to enable a proper understanding of the accounts to be reached.

We have not had access to the management committee minutes for the year.

The Examiner's relevant professional qualification or body is:

The Association of Chartered Certified Accountants (ACCA)

Mr Muhammad Saeed Zia FCCA

Zia & Co Chartered Certified Accountants

825A Stockport Road Manchester M19 3PN

The date upon which my opinion is expressed is :- 9 October 2025

6

The Manchester Somali Islamic Cultural Trust Statement of Financial Activities for the year ended 31 March 2025

Notes
Incoming resources from generated funds
Revenue grants, donations and legacies- individuals
Investment Income
Total incoming resources
Costs of charitable activities
Governance costs
Other resources expended
Total resources expended
Net incoming resources
before transfers between funds
Net incoming resources before
Other recognised gains and losses
Other recognised gains and losses
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total Funds carried forward
Unrestricted Restricted
Total
Last Year
Funds
Funds
Funds
Total Funds
2025
2025
2025
2024
£
£
£
£
565,129
-
565,129
444,880
28,322
-
28,322
29,257
593,451
-
593,451
474,137
558,661
-
558,661
292,431
1,440
-
1,440
1,440
1
-
1
1
560,102
-
560,102
293,872
33,349
-
33,349
180,265
33,349
-
33,349
180,265
33,349
-
33,349
180,265
1,896,668
-
1,896,668
1,716,403
1,930,017
-
1,930,017
1,896,668

The net movement in funds referred to above is the net incoming resources as defined in the SORP and is reconciled to the total funds as shown in the Balance Sheet on page 11 as required by the SORP.

The notes on pages 11 to 13 form an integral part of these accounts.

7

The Manchester Somali Islamic Cultural Trust Statement of Financial Activities for the year ended 31 March 2025

Turnover
Direct costs of turnover
Gross surplus
Governance costs
Other resources expended
Operating surplus
Surplus on ordinary activities before tax
Surplus for the financial year
Retained surplus for the financial year
All activities derive from continuing operations
2025
£
593,451
558,661
34,790
1,440
1
33,349
33,349
33,349
33,349
2024
£
474,137
292,431
181,706
1,440
1
180,265
180,265
180,265
180,265

The notes on pages 11 to 13 form an integral part of these accounts.

8

The Manchester Somali Islamic Cultural Trust Statement of Financial Activities for the year ended 31 March 2025

Statement of Total Recognised Gains and Losses
for the year ended 31 March 2025
2025
Excess of Expenditure over income before realisation of assets
33,349
Profit per Profit and Loss account
33,349
Net Movement in funds before taxation
33,349
Movements in revenue and capital funds
for the year ended 31 March 2025
Revenue accumulated funds
Unrestricted Restricted
Total
Funds
Funds
Funds
2025
2025
2025
£
£
£
Accumulated funds brought forward
1,896,668
-
1,896,668
Recognised gains and losses before transfers
33,349
-
33,349
1,930,017
-
1,930,017
Closing revenue accumulated funds
1,930,017
-
1,930,017
Summary of funds
Designated Unrestricted Restricted
Total
Funds
Funds
Funds
Funds
2025
2025
2025
2025
Revenue accumulated funds
-
1,930,017
-
1,930,017
Total funds
-
1,930,017
-
1,930,017
2024
180,265
180,265
180,265
Last year
Total Funds

2024

£
1,716,403
180,265
1,896,668
1,896,668
£
Last Year
Total Funds

2024
1,896,668
1,896,668

The notes on pages 11 to 13 form an integral part of these accounts.

9

The Manchester Somali Islamic Cultural Trust Registered Charity Number: 1064859 Balance Sheet as at 31 March 2025

Balance Sheet
as at 31 March 2025
2025 2024
Fixed assets
Tangible assets 5 832,756 669,289
Total fixed assets 832,756 669,289
Current assets
Debtors 6 53,650 34,501
Cash at bank and in hand 1,058,016 1,210,591
Total current assets 1,111,666 1,245,092
Creditors:-
amounts due within one year 7 (14,405) (17,713)
Net current assets 1,097,261 1,227,379
Total assets less current liabilities 1,930,017 1,896,668
Net assets excluding pension asset / liability 1,930,017 1,896,668
Net assets including pension asset / liability 1,930,017 1,896,668
The funds of the charity :
Unrestricted income funds
Unrestricted revenue accumulated funds 1,930,017 1,896,668
Total unrestricted funds 1,930,017 1,896,668
Total charity funds 1,930,017 1,896,668
Mr Abdirahman Mohamed Ali Zekariya Farah Salah
Treasurer Secretary
Approved by the board of trustees on 9 October 2025

10

The Manchester Somali Islamic Cultural Trust Notes to the Accounts for the year ended 31 March 2025

The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and with the Charities Act 2011.

Advantage has been taken of Section 396(5) of The Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the charity's operation and in order to comply with the requirements of the SORP.

The charity has taken advantage of the exemption in the FRS 102 from the requirement to produce a cash flow statement.

The particular accounting policies adopted are set out below.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. There were no restricted funds at the year end.

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose.

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings For more information on this attribution refer to note (f) below.

e Irrecoverable Vat

Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination and legal fees.

11

The Manchester Somali Islamic Cultural Trust Notes to the Accounts for the year ended 31 March 2025

All assets costing more than £500 are capitalised and valued at historical cost. Depreciation is charged on the following basis:

Building Improvements, 10% on cost Fixtures,Fittings Equipment & Security 15% on cost Computers 33% on cost Buildings 2% on cost

All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their varying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities

The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind (2025: £nil). Expenses paid to the trustees in the year totalled £nil (2025: £nil).

AsOn no1stfixedApril asset1999, registerwith theexistedapprovalin ofthetherecordsCharityofCommissioners,the unincorporatheed entirecharityundertaking, it was difficultof antounincorporatedcalculate he

Taxation

As As applicable applicable As a registered charity, the charity is exempt from income tax to the extent that its income and gains are applicable to charitable purposes only. Asa a registered registered a registeredto charitable to charitable charity, charity, charity,purpos purposes the the thcharity charitye s only.charity only. is is exempt exempt is exemptfrom from fromincome income incometax tax taxto to tothe the theextent extent extentthat that thatits its itsincome income incomeand and andgains gains gainsare are are applicable to charitable purposes only.

3
Surplus for the financial year
This is stated after crediting :-
Revenue Turnover from ordinary activities
and after charging:-
Depreciation of owned fixed assets
Rentals under operating leases
Pension costs
Independent Examiner's Fees
Independent Examiner's Fees
4
Staff Costs and Emoluments
Gross Salaries
Employer's National Insurance
Pension Contributions
2025
£
593,451
30,814
11,611
5,934
1,440
1,440
2025
£
97,702
9,635
5,934
113,271
2024
£
474,137
30,106
9,606
3,801
1,440
1,440
2024
£
72,720
6,113
3,801
82,634

The average number of employees during the year was 4 (previous year: 4 }.

The charity considers its key management personnel comprises of the trustees. The total employment benefits, including employer pension contributions of the key management personnel were £nil (previous year: £nil),

No employees has benefits in excess of £60,000 (previous year: none).

12

The Manchester Somali Islamic Cultural Trust Notes to the Accounts for the year ended 31 March 2025

5 Tangible functional fixed assets

Freehold
Land and
Fixtures and
Fittings
Building
Improvements
Plant and
Machinery
£
£
£
Asset cost, valuation or revalued amount
At 1 April 2024
662,546
22,920
402,021
39,904
Additions
194,281
-
-
Disposals
-
-
-
Surplus on revaluation
-
-
-
At 31 March 2025
856,827
22,920
402,021
39,904
Accumulated depreciation and impairment provisions
At 1 April 2024
136,326
22,543
268,362
30,871
Eliminated on disposals
-
-
-
Depreciation on revaluation
-
-
-
Charge for the year
14,410
57
13,366.00
2,981
At 31 March 2025
150,736
22,600
281,728
33,852
Net book value
At 31 March 2025
706,091
320
120,293
6,052
At 31 March 2024
526,220
377
133,659
9,033
6
Debtors
2025
£
Other Debtors
53,650
7
Creditors: amounts falling due within one year
2025
£
Accrued expenses
1,440
PAYE and NI
1,903
Wages Due
-
Other Creditors
10,000
Unpaid Pension Contributions
1,062
14,405
8
Particulars of Individual Funds and analysis of assets and liabilities representing funds
At 31 March 2025
Unrestricted
Designated
Restricted
funds
funds
funds
£
£
£
Tangible Fixed Assets
832,756
-
-
Current Assets
1,111,666
-
-
Current Liabilities
(14,405)
-
-
1,930,017
-
-
At 1 April 2024
Unrestricted
Designated
Restricted
funds
funds
funds
Tangible Fixed Assets
669,289
-
-
Current Assets
1,245,092
-
-
Current Liabilities
(17,713)
-
-
1,896,668
-
-
Total
£
1,127,391
194,281
-
-
1,321,672
458,102
-
-
30,814
488,916
832,756
669,289
2024
£
34,501
2024
£
1,440
4,092
1,196
10,000
985
17,713
Total
Funds
£
832,756
1,111,666
(14,405)
1,930,017
Total
Funds
669,289
1,245,092
(17,713)
1,896,668

13