MES
2
CHARITY REGISTERED NUMBER: 1067639
MOSQUE NOOR UL ULOOM AND ISLAMIC EDUCATION CENTRE TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
ABU & ABU CHARTERED CERTIFIED ACCOUNTANTS 71 WORDSWORTH ROAD SMALL HEATH BIRMINGHAM WEST MIDLANDS B10 OED
MOSQUE NOOR UL ULOOM AND ISLAMIC EDUCATION CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
Madea
| Registered CharityNumber: | 1067639 | |
|---|---|---|
| Chairman: | MrZakerChoudhry | |
| Treasurer: | MrTariq Asghar | |
| Trustees: | MrZaker Choudhry (Chairman) | |
| Mr Habib ur Rehman (Secretary) | ||
| MrTariq Asghar (Treasurer) | ||
| Mr Yousaf Ali | ||
| Mr Abdul Jabbar | ||
| Mr Mohammed Bashir | ||
| Mr Ali Asghar | ||
| Secretary: | Mr Habib urRehman | |
| Registered Office: | 85 St Oswald Road | |
| Small Heath | ||
| Birmingham | ||
| B10 ORB | ||
| Accountants: | Abu&Abu | |
| Chartered Certified Accountants | - | |
| 71 Wordsworth Road | ||
| Small Heath | ||
| Birmingham | ||
| West Midlands | ||
| B10 OED | ||
| Bankers: | BarclaysBankplc |
INDEPENDENT EXAMINER'S REPORT
mo
, :
TO THE TRUSTEES OF MOSQUE NOOR UL ULOOM AND ISLAMIC EDUCATION CENTRE
FOR THE YEAR ENDED 31 DECEMBER 2023
| report on the accounts which are set out on pages 5 to 10
| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023.
Responsibilities and basis of report
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
i report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed the applicable Directions given by the Charity Commission under section 145(5){b) of the Act.
Basis of independent examiner's report
My examination was carried out in accordance with the General 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 items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be 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.
Independent examiner's statement
! have completed my examination. | confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any materiai respect:
accounting records were not kept in accordance with section 130 of the Act or ' the accounts do not accord with the accounting records anne eS.
| have nayconcerns and have come across no other matters in connection with theexamination to which attentidnisho drawn in order to enable a proper understanding of the accounts to be reached.
creer GAA po oo cecctccesccsensennesnerens Dated: 29th February 2024 Abu Nowshéd CCA
Chartered CertifietA€countants 71 Wordsworth Road Small Heath Birmingham West Midlands B10 OED
P2
2
MOSQUE NOOR UL ULOOM AND ISLAMIC EDUCATION CENTRE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees who are also directors of the charity for the purposes of the Companies Act, submit their annual report and the unaudited financial statements for the period ended 31 December 2020. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in 2005 in preparing the annual report and financial statements of the charity.
Structure, Governance and Management
Trustee induction and training
New Trustees undergo an orientation day to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making processes, the business plan and recent financial performance of the charity. During the induction day they meet key employees and other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
Organisation
A board of trustees of up to 4 members, who meet quarterly, administers the charity. There are subcommittees covering development, membership, finance and audit. A Chief executive is appointed by the trustees to manage the day-to-day operations of the charity. ; .
Risk policy
The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
Objectives and activities
The principal activities of the charity are:
-
To provide a place of worship for the localMuslim community
-
To advance public awareness in the Islamic faith in the UK .
-
To provide guidance to future generations of Muslims in order for them to lead a life towards being better Muslims as weil as being better citizens who will live in peace and harmony with their neighbours.
P3
Page 4
:. .
MOSQUE NOOR UL ULOOM AND ISLAMIC EDUCATION CENTRE
REPORT OF THE TRUSTEES (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2023
Financial review
Accounting and reporting responsibilities
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
- observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained inthe financial statements;
-
- prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 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.
Approved by the trustees on 29th February 2024 signed on its behalf by:
Mr Zaker Choudhry (Chairman) Trustee
.
P4
Page 4
L
MOSQUE NOOR UL ULOOM AND ISLAMIC EDUCATION CENTRE
BALANCE SHEET
AT 31 DECEMBER 2023
----- Start of picture text -----
Note 2023 2022
£ £ £ £
Tangible fixed assets
Tangible assets 2 249,530 207,332
Current assets
Cash in Hand and at Bank 67,921 109,461
67,921 109,461
Creditors
Amounts falling due within
one year 3 3,291 3,291
Net current assets 64,630 106,170
Total assets less current liabilities 314,160 313,502
Net assets £314,160 £313,502
Capital funds
Unrestricted funds 314,160 313,502
Total funds £314,160 £3013,502
----- End of picture text -----
Approved by the trustees on 29th February 2024 and signed on its behalf.
Mr Zaker Choudhry (Chairman)
The annexed notes form part of these financial statements.
P5
Page 5
:
.
ee
MOSQUE NOOR UL ULOOM AND ISLAMIC EDUCATION CENTRE
| STATEMENTOF FINANCIALACTIVITIES FORTHE | STATEMENTOF FINANCIALACTIVITIES FORTHE | THEYEAR ENDED 31 DECEMBER 2023 | THEYEAR ENDED 31 DECEMBER 2023 | THEYEAR ENDED 31 DECEMBER 2023 | |
|---|---|---|---|---|---|
| Total | Total | ||||
| Note | Unrest'd | Restricted | Funds | Funds | |
| Funds | Funds | 2023 | 2022 | ||
| £ | £ | £ | £ | ||
| Incoming resources | |||||
| Incoming Resources from generated funds: | |||||
| Voluntaryincome | 4 | 65,826 | - | 65,826 | 55,784 |
| Total incoming resources | 65,826 | - | 65,826 | 55,784 | |
| Resources expended | |||||
| Costs ofgeneratingfunds | 5 | 64,958 | - | 64,958 | 48,962 |
| Governance costs | 6 | 210 | - | 210 | 150 |
| Totalresourcesexpended | 65,168 | - | 65,168 | “49,112 | |
| Netmovement infunds | 658 | - | 658 | 6,672 | |
| Transfer between funds | - | - | - | - | |
| Totalfunds broughtforward | £313,502 | - | £313,502 | £306,830 | |
| Totalfundscarriedforward | £314,160 | - | £314,160 | £313,502 | |
| Details ofIncoming resources and resources .used are given | inthe notestothefinancial | statements. | |||
| P6 |
Page 6
MOSQUE NOOR UL ULOOM AND ISLAMIC EDUCATION CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
DETAILED ANALYSIS OF MOVEMENTS IN FUNDS
FOR THE YEAR ENDED 31 DECEMBER 2023
----- Start of picture text -----
|||||
|---|---|---|---|
|2023|2022|
|£|£|£|£|
|General|Fund|
|Balance B/fwd|313,502|306,830|
|(Deficit)|/ Surplus for the year|658|6,672|
|314,160|313,502|
|Total funds at 31 December|£314,160|£313,502|
----- End of picture text -----
P7
Page 7
MOSQUE NOOR UL ULOOM AND ISLAMIC EDUCATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1. Accounting policies
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of treland (FRS102) issued on 16 July 2014 (as updated through Bulletin 1 published on 2 February 2016), the Financial Reporting Standard applicable in the United Kingdom and Republic of ireland (FRS102), the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.
The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A.
The financial statements are prepared on a going concern basis under the historical convention {modified to include certain items at fair value). The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years unless otherwise stated.
Incoming resources
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Ail expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
Land and buildings - Not Depreciated
Plant and Machinery - 15% per annum of cost Fixtures and Fittings - 25 % per annum of cost
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund as set out in the notes to the financial statements.
P8
MOSQUE NOOR UL ULOOM AND ISLAMIC EDUCATION CENTRE
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2023
2. Tangible fixed assets
| Land | Plant | Fixtures | ||
|---|---|---|---|---|
| and | and | and | ||
| Buildings | Machinery | Fittings | Total | |
| £ | £ | £ | £ | |
| Cost: | ||||
| At01January2023 Additions |
205,506 42,489 |
8,846 - |
9,247 - |
223,599 42,489 |
| At31 December2023 | 247,955 | 8,846 | 9,247 | 266,088 |
| Depreciation: | ||||
| At01January2023 | - | 7,187 | 9,080 | 16,267 |
| Charge forthe year | - | 249 | 42 | 291 |
| At 31 December2023 | - | 7,436 | 9,122 | 16,558 |
| Net book value: | ||||
| At31 December2023 | £247,995 | £ 1,410 | £125 | £249,530 |
| At31December2022 | £205,506 | £1,659 | £167 | £207,332 |
3. Creditors
| Amounts fallingdue within one year:- | |||
|---|---|---|---|
| 2023 | 2022 | ||
| £ | £ | ||
| '+ | OtherTaxes& PAYE | 3,111 | 3,111 |
| Accruals and Deferred Income | 180 | 180 | |
| £3,291 | £3,291 |
P9
MOSQUE NOOR UL ULOOM AND ISLAMIC EDUCATION CENTRE
° :
“
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2023
- Incoming resources
| Incoming resources | ||||
|---|---|---|---|---|
| Rest'd | ||||
| Unrest'd | Income | Total | Total | |
| Funds | Funds | Funds | Funds | |
| 2023 | 2023 | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Voluntary Income | ||||
| Jumma Income | 62,345 | - | 62,345 | 52,898 |
| Membership Fee | 172 | - | 172 | 156 |
| Eid collection | 2,709 | - | 2,709 | 2,330 |
| Otherincome | 600 | - | 600 | 400 |
| 65,826 | - | 65,826 | 55,784 | |
| Costs ofgeneratingfunds | ||||
| 2022 | 2022 | 2022 | ||
| £ | £ | £ | ||
| Insurance | 1,728 | 1,660 | ||
| Cleaning | 5,163 | 5,545 | ||
| Telephone | 454 | 381 | ||
| Depreciation | 291 | 349 | ||
| Wages | 33,943 | 31,118 | ||
| Repairs and maintenance | 900 | 101 | ||
| Lightand heating | 18,239 | 8,366 | ||
| Water Rates | 990 | 1,262 | ||
| Printing | 230 | 180 | ||
| Mosque Refurbishment | 2,830 | - | ||
| Mosque Events | 190 | - | ||
| 64,958 | 48,962 |
- Costs of generating funds
6. Governance costs
Accountancy
2023 2022 £ £ 210 150 210 150
P10
MOSQUE NOOR UL ULOOM AND ISLAMIC EDUCATION CENTRE
FOR THE YEAR ENDED 31 DECEMBER 2023
CONTENTS
| Page | |
|---|---|
| Charity - Examiners report | 2 |
| Trustees' report | 3/4 |
| Balance sheet | 5 |
| Statement offinancial activities | 6 |
| Schedule offunds | 7 |
| Notes | 8 |