DARUS SALAM TRLST (A registered charity) Report aDd Finanelal Stvdtements Yeydr ended 31st Deeember 2024 Charity number: 1067407
DARUS SALLM TRUST (A registered charity) COIYTENTS Page Charity Reference and Adrninistrdtive Details Report of ihe Trustee Board Statement of Receipts and Payments Statement of Assels and Liabilities Independent Examiners Report Page I
DARUS SALLM TRUST (A reElStered charity,) Charity Reference and Administrative Details Charity number: 1067407 Principal Office: 55-57 Upper Tichborne Street Leicester LE2 IGL Trustees: Mojnu Bashir Humayun Kabir Isim Ali Mohammed Yousuf Mohammed Mirza Noor Chairperson Treasurer Education Secretary Trustee Board Member TNslee Board Member Independenl Examiners.. Shah Jalal 2 Mallory Place Leicester LE5 OHS Bankers Barclays Bank PIC 1-3 Hayinarket Towers Leicester LEI IWA Page 2
DARUS SALAM TRUST (A registered charity) Report of ihe Trnstees for the year ended 31st December 2024 The Trustees present their report and unaudited fllwicial statements of the charity for the year ended 31 December 2024. The Trustees have adopted the provisions of the Statement of Recommended Practice {SORP) "Accounting by Charities" (FRS 102) tn preparing the annual report and financial statements of the charity. Trustees of the ¢barl The Trnstees of the charity are its members and for the purpose of charity law and throughout this report are coll¢¢lively refeed to as the Trustees. The Tnle¢S serving during the year and since the year end were as follows.. Trustees: Mojnu BashiT Humayun Kabir Isim Ali Mohammed Yousuf Mohammed MirLa Noor Chairperson Treasurer Education Secretary Trustee Board Member Trustee Board Member Ob ectives & Activities Darus Salam Trust (DST) is an unincorporated charitable organisalion providing Muslim religious services and community development activities for people, mainly bul not exclusively of Bangladeshi descent, living in Leicester helping them lo lake advantage of the opportunities of society today. Publle Benefit Statement The Trustees have considered the general guidance on public benefit issued by the Charity Commission and taken due regard of that guidance. The Trustees consider that they are satisfied that the charity's activities do provide a wide public social benefit. Achievemenls and erfomanee The main charitable activities are offering Muslim religious seryices including facilities for prayers, Muslim marriage service, Muslim burial service, religious education and training for school aged children and social health and wellbeing for elderly people. The organisation also takes part to promote the national agenda of promoting a safe and fair society to its community. The boatd is salisfied with its handling of finances to build relatively sizeable assets and reserves thus placing the charity in good financial slead. We are happy that the mosque is a welcoming space which meets the requiremenis set out in ihe Equalities Act. In addition, we continue to provide all the traditional services to a high degree of excellence whilst also expanding our activities in areas such as youth outreach. Page 3
DARUS SALAM TRUST (A registered charit),) Report of the Trustees for the year ended 31st December 2024 {Continued} Financial Review Income was decreased by £5,891 during the year. This was due to few factors in income stream. Rent colleciion and casual donation were down but appeal colleclion was significantly higher than the last year. During the year £15,058 was spent on repairs and renewals. This caused the totsl expenditure to be increased by £5.828. The professional fees related to pa)rynents to visiting guests and Imams was £11,484. During the year Korie Hasana (Interest Free Loan) was paid back lo the lenders and the amount was £55.500. This is why the income over expenditure is showing £17,570 deficit for the year where the net SUTplus was actually £37,930 for the year. During the year £24,550 was spent on renovating the building adjacent lo the mosque for Madrassa rooms. This was a cash spending. There was a cash withdrawal of £14,000 from the bank to pay the builder out of these £24.550. The rest £1 0,550 was paid to the builder through a volunteer of the Trust by directly transferring money to the volunteer. The cash in hand and bank balance total was £113,339 at the end of the year. Plans for Future Periods The charity plans continuing the activities outlined above, in the ensuing years to obtaining satisfactory income generation arrangements. Structure Governance and Man ement Governin Document The organisation is a registered charity. Its objectives are to provide Muslim religious services, education & training and social activities for individuals from the City of Leicesler. The charity was established under a Constitution which established the objectives and goals of the charity and governed under its rules and regulations. Recruitment and A intment of the Trustees The Trustees of the charity are also the members of the charity for the purposes of charity law and under the charity's Articles are known as members of the TNst. All the members of the Trustees have to be re-elected every three years at the annual general meeting. New members of the Trustees must be members of the DST for at least 2 years with due consideration taken by existing members of the new members, suitability before being elected. Trustees Board Induction and Trainin The Tntee board are recruited locally and appointed ai the Annual General Meeling. As all of the Trustee board members musl be the members of the DST, they are familiar with the practical work of the charity and its objectives. Each potential Trustee member is given a brief induction which includes a role description, information about the service and legal responsibilities of the Trnstees. In-house training is provided. Page 4
DARUS SALAM TRUST (A registered charity) rt of the Trustees for the ear ended 31st December 2024 Conlinued Risk Mana ement The Trustees are aware of the risks in relation to donationslfunding and review the situation al every Trusle¢s meeting. Appropriate plans to deal with this are in place and are continually monitored. Procedures are also in place to monitor the health and safety of a]1 of the DST'S staff members. volunteers, worshippers. students and visitors to the centre. Structure Governance and Mana ement anisation The Darus Salam Tn]st (DST) has a Trustee board of 5 members who meet regularly and are responsible for the slralegic direction and policy of the DST. The Trustees work as a team with a scheme designated in place lo ensure the charity delivers and maintsins the services specified. The charity has a significant number of volunieers who are supported and supervised by the relevant service manager. An annual Teview of their work is also carried out. Reserves Polic The Managernent Board have examined the charity's requirements for reserves in light of the main risks to the organisation. The Charity has adopted a policy to build a reserve of £lOO.000 over the next few years and are currently working on this. Trustee's Res onsibillties In Relation to the Financial Statements The Trustees are responsible for preparing the Report of the Trustee Board and the financial slalements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Pracli¢e). Charity law requires the Trustee board io prepare financial statement5 for each financial year, which give a true and fair view of the slate of affairs of the chariiable organisation and of the in¢omAng resources and application of resources, including the income and expenditure, of the charitable organisation for that period. In preparing these financial statements, the Trustees are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP 2019(FRS102)" make judgements and estimates that are reasonable and pNdent: state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements; prepare the fmancial statements on the going concern basis unless it is inappropriate to presume that the charitable organisation will continue in operation. The Trustee board are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the fmancial position of the ¢haritabl¢ organisation and enable them to ensure that the financial statements comply with the Charity Ad 2011. They are also responsible for safeguarding the assels of ihe charitable organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 5
DARUS SALAM TRUST (A registered charity) Report of the Trustees for the year ended 31st December 2024 (Continued) Trustee Board's Res on5ibilities in Relation to the Financial Sl*tements Colltinued The Trustees are responsible for the maintenance and inlegrity of the ¢OTporate and fmancial inforniation. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in oiher jurisdictions. This report has been prepared in accordance with Chapter 4 of the Charity Act 2011 relating to annual reports and return of a charity. Approval Authority to approve this report was made on the 29 September 2025 By order of the Trustees Mojnu Bashir Chairperson Page 6
DARUS SALAM TRUST (A REGISTERED CHAIUTY - CHAIUTY NUMBER 1067407) STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 2024 2024 2023 Unre$triCied Funds Restricted Funds Total Funds Total Fund5 Receipts Rental Income Friday Collection Donation by Direct Debit Madrassa Fees RaMadaDld Collection MembeT5hip fees Marriage Ceremony Fees Others Casual Donation Interest Free Loans Donation by cause Pot collection Total Receipts 48,550 22.139 15,220 IJ.202 9,835 600 300 130 16,772 48.550 22,139 15,220 11,202 9,835 600 300 130 16,772 55.528 22,317 16,551 9,877 8,637 1.894 1,575 600 24.915 19668 19.668 3,524 147,940 8.722 3,765 154,381 3.524 128,272 19,668 P8yments Salaries and Wages Loan repayment Healing and Lighting Water Insurance Accountancy and bookkeeping 40.594 55,500 4.531 2.344 40.594 55.500 4,531 2,344 35,465 92.002 4.641 2,270 1.909 1.855 11,848 15,362 559 4,590 ,855 11.848 15,362 559 4,590 1,343 14,915 3,520 511 9,162 Professional fees Repairs & Maintenance Inlernel Donation to Causes Estate Agent Fees and others 4,081 24.550 165,814 4,081 24.550 165.814 6,446 Building Dev Works Total Payments 172,184 Net of receipts 37.542 19.668 - 17.874 17.803 Cash funds last year end 131,213 149,016 Cash fund$ this year end 37,542 19.668 113,339 131,213 Page 7
DARUS sALm TRUST {A REGISTERED CHARITY - CHARITY NUMBER 1067407) STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31ST DECEMBER 2024 Categories Details Unrestricted Funds Restricted Funds Cash Funds Cash at Bank Cash in Hand 113,281 58 113,339 Total Cash Funds Other Monetary Assets None Investment Assets Fund to whlch asset belon8S Property - I Churchill St Unrestricted Property - 35 Churchill St Unrestricted Property - 11 Connaught St Unrestricted Property - 3 Hamilton St Unrestricted Property- 43 Hamilton St Unrestricted Total Investment Costs £ iio.000 125,000 125,000 iio,000 121,000 591,000 Current £ 175.000 175,000 175,000 175,000 175,000 875,000 Assets for own use Fund to whlch asset belon8S 55-57 Upper Tichbourne St Unrestricted 53 Upper Tichbourne St Unrestricted Toal Costs £ Current £ 650.000 331,665 981,665 35.000 331,665 366,665 Llabllltles / Credltor PAYE underpayment Salary Underpayment Total Credltor Fund to whlch Ilablllty relates Not applicable Not applicable Amount Due £ 435 266 701 Due Date 2025 2025 Asset / Debtor Pension Overpayment Salary Overpayment Total Debtor Fund to whlch liabillty relates Not applicable Not applicable Amount Due £ 243 Due Date 2025 2025 451 The financial statements were approved by the Board of Trustees on 29th September 2025 Mojnu Bashir- Chairperson Page 8
DARUS SALILM TRLST (A REGISTERED CHARITY- CHARITY NUMBER 1067407) Independent Examlner's Report to the Trustees of Darus Salam Trust I rep)rl to the Trustees on my examination of Ihe accounts of the Darus Salam Trust (the Trust) for the year end 31st December 2024 which are set out on pages 3 10 4. Respon¥lbllities and ba$ls of rnport As the charity's Trustees you we responsitAe for the rweparat*)n of the ac£ounts in a¢cord8nce wlth the requirements of the CharilTres Act 2011 I' Acl'l. I repK)rt Sn respect of my examination of th8 charitS acc(yJnts out under section 145 of the Act and in carrying out my examination I have followed al the app1¢able Dlrections given ty the Charity Commission under section 14515llbl of the Act. Indgpondent examlner's stat•mont I have completed my examination. I confirm that M matwial matter$ have fA>me lo my attentlon In ¢onneGlion with the examination givir& mo cause to bdieve that In any material respect: accounting rerS were not kept in respect of the Trust as requir&J by seLtion 130 of the Act; or the accounts do nol a¢¢ord with those records. I have no concerns and have come across no other matters in COnnectn with the examinatlon lo whlch allenlion should be drawn in this report in order lo enable a woper underslanding of the a¢¢ounts to be reached. N8m8 Shah Jalal Professlon.. Fin8nco Olfi¢6r. Bangladesh Youth and Culturnl Shomiti Address.. 2 Mallory Place, Lelcester. LE5 OHS D8fe.' & October 2025 Page 9