Registered Charity Number 1068370
Baitul Mukarram Mosque Trust
Trustees Annual Report 2024 Financial Year 2023/24
1
Baitul Mukarram Mosque Trust Registered Charity Number 1068370
Contents
| Page | |
|---|---|
| Legal & Administrative Information | 3 |
| Officers Report | 4 |
| Full Membership List | 5 |
| Executive Committee & Property Trustee List | 6 |
| Aims & Objectives | 7 |
| Structure Governance | 7 |
| Demonstrating Public Benefit | 7 |
| Summary of Achievements | 7 |
| Summary of Achievements | 8 |
| Financial Review | 8 |
| Reserves Policy | 8 |
| Future Plans | 9 |
2
Baitul Mukarram Mosque Trust
Registered Charity Number 1068370
Legal & Administrative Information
Charity Name:
Charity Registration Number: Principal Address:
Tel:
Baitul Mukarram Mosque Trust 1068370 22-26 St Stephens Road
Leicester LE2 1DQ 0116 2546138
Email: Holding Trustees:
b.m.m.trust@gmail.com Luthfur Rahman Choudhury Mohammed Hanif Ullah Aminul Rashid Talukdar Motiur Rahman Chowdhury Mohammed Junur Miah Gazi Mohammed Siftur Rahman Mohammed Hafizur Rahman
Management Committee
Chairman: Vice Chairman: Secretary: Assistant Secretary:
Treasurer: Assistant Treasurer: Employees
Accountant:
Bankers:
M Khayam
M K Miah T Ahmed M A Mukith A Waqui
N Hoque
S MD Rahman Hafej MD Bodrul Alam Sterlyn Ltd 11 Main Street Barkby Leicester LE7 3QJ Barclays Bank PLC Leicester
3
Baitul Mukarram Mosque Trust
Registered Charity Number 1068370
Officers Report 2024
Chairman’s Report
I would like to thank each and every member of this prestigious Trust for supporting me over the last year. I have thoroughly enjoyed the experience.
There is lot of work to be done and we must continue to work diligently for the community. Finally if I have offended any one, I humbly ask for your forgiveness. Jazak Allah Khair.
Treasurer’s Report
Thank you for your support over the last two years. It has been a privilege to serve this Trust in managing its finances.
Total Income at the end of this period is £76,297 compared to £80,628 in the previous period. I firmly believe that our finances are and will remain strong.
Finally if I have offended any one I humbly ask of your forgiveness. JazakAllah Khair.
Secretary’s Report
On reflection the last year as a Secretary of this Trust has been a journey that I will remember for sometime.
Going forward I wish each and every member of the trust well and if I have offended any one at any point I am truly sorry and humbly request your forgiveness.
4
Baitul Mukarram Mosque Trust Registered Charity Number 1068370
Membership List
| Membership List | |
|---|---|
| Name | |
| 1 | Mohammed Hafizur Rahman |
| 2 | Mohammed Abdul Kalam Azad |
| 3 | Mohammed Afzal Hussain |
| 4 | Mohammed Tipu Ahmed |
| 5 | Jahan Chowdhury |
| 6 | Mohammed Siftur Rahman |
| 7 | Lutfur Rahman Chowdhury |
| 8 | Mohammed Hanif Ullah |
| 9 | Mohammed Junur Miah Gazi |
| 10 | Mohammed Mottiur Rahman |
| 11 | Mohammed Aminur Rashid Talukdar |
| 12 | Mohammed Abu Bakkar Mukith |
| 13 | Mohammed Abdul Alam |
| 14 | Abdul Mannan Khan |
| 15 | Nazarul Khalique |
| 16 | Mohammed Abdul Muhit |
| 17 | Mohammed SR Chowdhury |
| 18 | Mohammed Abdul Khayam |
| 19 | Mohammed Siddiqur Rehman Khayam |
| 20 | Shafiqur Rahman |
| 21 | Munir Hossain |
| 22 | Mamon Chowdhury |
| 23 | Alif Uddin Gazi |
| 24 | Samad Khan |
| 25 | Abdus Sattar |
| 26 | Azizur Rahman |
| 27 | Mohammed Nurul Haque Shohel |
| 28 | Mohammed Monsor Ahmed |
| 29 | Abdul Awal Azad |
| 30 | Kosru Miah |
| 31 | Zahangir Ahmed |
| 32 | Fakrul Jaman |
| 33 | Oyes Ahmed |
| 34 | Abu Taher |
| 35 | Abul Hassan |
| 36 | Faruk Ahmed |
| 37 | Abdul Waqui |
| 38 | Shoukat Hussain |
5
Registered Charity Number 1068370
Baitul Mukarram Mosque Trust
Executive Committee & Property Trustee List for Year ending 31/03/2024
| Name | Position | |
|---|---|---|
| Executive Committee | ||
| M A Khayam | Chair | |
| M K Miah | Vice Chair | |
| A Waqui | Treasurer | |
| N Hoque | Assistant Treasurer | |
| T Ahmed | Secretary | |
| M A Mukith | Assistant Secretary | |
| Trustees | ||
| 1 | Luthfur Rahman Choudhury | Executive Member |
| 2 | Mohammed Aminur Thalukdar | Executive Member |
| 3 | Hanif Ullah | Executive Member |
| 4 | Motiur Rahman Chowdhury | Executive Member |
| 5 | Mohammed Junur Ghazi Miah | Executive Member |
| 6 | Mohammed Siftur Rahman | Executive Member |
| 7 | Mohammed Hafizur Rahman | Executive Member |
6
Baitul Mukarram Mosque Trust
Registered Charity Number 1068370
Foreword
The Trustees Annual Report was produced in accordance with the reporting requirements of the Charity Commission SORP 2016.
Aims & Objectives
To advance the Islamic religion amongst the Muslims prescribed by Islam
To advance the education of the public including religious education
To relieve poverty and sickness and to preserve and protect the good health of persons resident in Leicester
To further such other charitable purposes as the Committee from time to time determines
Structure, Governance & Management
The charity is un-incorporated, governed by constitution and its affairs managed by an Executive Committee from which six elected officers (Chairman, Vice Chairman, Treasurer, Asst Treasurer, Secretary, Asst Secretary) oversee its administration. The Property Trustees and Executive Committee volunteer their personal time, and receive no financial incentive or remuneration, and try to meet every two months.
Demonstrating Public Benefit
The charity carries out a range of activities in pursuance of its charitable aims. The Trustees consider that these activities, summarised below provide benefit.
Summary of Achievements
The Trusts main objective is to provide a place of worship, with Islamic education for the Muslim’s of Leicester. The following is a summary of activities the Trust has delivered in line with Government guidance due to covid-19:
Daily Prayers
Providing continuous access to prayer hall seven days a week all year round for Muslims wishing to perform daily prayers The daily prayers are led by Imam’s employed by the Trust.
Friday Prayers
Demand for praying facilities is at its highest during Friday Juma prayers, and now able to provide more space meeting current demand.
Evening Classes
There are two paid employees for the purpose of teaching, both of whom are CRB/DBS certified and accredited with child safety induction certificates awarded by the Federation of Muslim Organisations, an affiliate of the Leicester City Council Child Protection Unit.
7
Baitul Mukarram Mosque Trust Registered Charity Number 1068370
Ramadan
Both Imams performed recitation of the Quran after Zuhr (mid-day) prayers attracting a sizeable audience, enabling those in attendance to improve their Arabic and reading of the Quran.
At sunset complimentary water and dates were provided to those breaking fast at the Mosque, attracting a sizeable number for Magrib (sunset) prayers. The water and dates were donated to the Mosque and members of the congregation helped organise and distribute the dates and water.
During the month of Ramadan the Taravi Prayers were performed twice each night at different time slots to accommodate those that work late. Religious talks were also delivered after the Taravi prayers.
Eid Prayers
Two separate times for prayer were organised for both Eid-ul-Fitr & Eid-ul-Adha to meet the needs of the community.
Funeral Service
Assistance given to bereaved families with the bathing and burial of dead bodies, in line with Islamic tradition. This service is delivered free of charge, with support and guidance from the Muslim Burial Council of Leicester (M.B.C.O.L).
M.B.C.O.L is a charitable organisation which the Trust is an affiliate to.
Financial Review
For the period ending 31/03/2024 the Trusts financial statements were produced on the accruals basis in line with the reporting requirements of SORP 2016 applying accounting standard FRS102, confirmed by appointed accountant Sterlyn Ltd.
The Trustees deem that Baitul Mukarram Mosque Trust will continue to function as a going concern.
No expenses were claimed by any Trustees in relation to travelling, subsistence or entertainment during this financial period. No related party transactions that require reporting in this financial period have taken place.
Reserves Policy
The Trustees are committed to using funds in pursuit of its charitable objects. The Trust allows for unrestricted cash reserves between a minimum of two months operating costs, up to a maximum of £62,000. This is deemed sufficient as the Trust would be able to carry on functioning in the event of:
Losing a major income source
Needing to carry out urgent repairs, as the main part of the building is more than hundred years old as well as
- Managing the repayment of long term liabilities
8
Baitul Mukarram Mosque Trust Registered Charity Number 1068370
Excess reserves held at the end of the 2023/24 financial year will be moved to the unrestricted funds for the following financial year.
Current Account funds of £9,389 as at 31/03/2024 will be carried forward to the unrestricted funds for 2024/25 financial year.
Future Plans
To continue to provide a comfortable place of worship, education and funeral service where possible. Explore further engagement within the wider community of Highfields.
Signed by: ………………………………………..
Date: ........................
M A Khayam (Chair)
Signed by: ………………………………………..
T Ahmed (secretary)
9
1
BAITUL-MUKARRAM
MOSQUE TRUST
Income and Expenditure Account for year ended 31[st] March 2024
.
Sterlyn Ltd
11 Main Street Barkby Leicester. LE7 3QG
2
Baitul-Mukarram Mosque Trust
Contents
| Page | |
|---|---|
| No | |
| Trust information | 3 |
| Income & Expenditure Account | 4 |
| Balance Sheet | 5 |
| Schedule of Movement of Fixed Assets | 6 |
| Income breakdown | 7 |
| Detailed Income and Expenditure Account | 8 |
| Debtors & Creditors List | 9 |
3
Trust Name:
Baitul-Mukarram Mosque Trust
Address: 22-24 St Stephens Road Leicester. LE2 1DQ Trustees: Mr Lutfur Rahman Choudhury Mohammed Aminur R Thalukdar Hanif Ullah Motiur Rahman Junur Gazi Miah Mohammed Siftur Rahman Mohammed Hafizur Rahman
Income and Expenditure Account for year ended 31[st] March 2024.
We the undersigned confirm that we have made available all the books and records necessary to produce the annual Accounts.
Signed:------------------------------------------- -------------------------------------------------
Chair – M A Khayam Treasurer – A Waqui
We certify that the attached Income and Expenditure Account and Balance Sheet have been prepared in accordance with the accounting records and the information and explanations supplied without carrying out an audit.
Sterlyn Ltd
4
Baitul-Mukarram Mosque Trust
Income and Expenditure Account for year ended 31[st] March 2024.
| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||
| Donations | 44,826 | 64,428 | ||||
| Specific Fund | 4,405 | - | ||||
| Other Income | 27,066 | 16,200 | ||||
| Total Income | 76,297 | 80,628 |
| Less Overheads Employee Costs Premises Costs Repairs General Admin Costs Legal and Professional Costs Depreciation Net Profit |
43,796 14,710 1,650 4,761 1,175 451 |
36,272 8,227 9,802 6,629 1,165 506 66,543 £ 9,754 |
62,601 | |
|---|---|---|---|---|
| £ 18,027 |
5
Baitul-Mukarram Mosque Trust
Balance Sheet as at 31[st] March 2024.
| Fixed Assets As per attached Schedule Current Assets Debtors / Prepayments Bank – C/A Bank – Relief Fund Cash in Hand Current Liabilities Creditors / Accruals Rental Deposits Financed By Balance b/f Profit for the Year b/d |
2024 £ £ 649,791 1,164 9,389 208 1,192 11,953 5,096 - 5,096 6,857 £ 656,648 646,894 9,754 £ 656,648 |
2023 £ £ 631,596 1,111 10,993 3,428 - 15,532 234 - 234 15,298 £ 646,894 628,867 18,027 £ 646,894 |
2023 £ £ 631,596 1,111 10,993 3,428 - 15,532 234 - 234 15,298 £ 646,894 628,867 18,027 £ 646,894 |
|---|---|---|---|
| £ 646,894 | |||
| 628,867 18,027 |
|||
| £ 646,894 |
6
Baitul-Mukarram Mosque Trust
Schedule of Movement of Fixed Assets as at 31[st] March 2024.
| Cost: At 1.04.2023 Additions in the year At 31.03.2024 Depreciation: At 1.04.2023 Charge for the year At 31.03.2024 N.B.V: At 31.03.2024 At 31.03.2023 |
Properties £ 680,023 18,358 698,381 49,942 - 49,942 648,439 630,081 |
Equipment £ 8,640 288 8,928 7,125 451 7,576 1,352 1,515 |
Total £ 688,663 18,646 |
|---|---|---|---|
| 707,309 | |||
| 57,067 451 |
|||
| 57,518 | |||
| 649,791 | |||
| 631,596 |
7
Baitul-Mukarram Mosque Trust
Income:
| Donations Collections Zakat Madrassa Fees Membership Fees Donations Recei – Al Khid Other Income Specific Funds Government Grants (LCC) Rental Income |
2024 Unrestricted Restricted Funds Funds £ £ 35,611 - 510 - 4,145 - 4,560 - - - |
2024 Unrestricted Restricted Funds Funds £ £ 35,611 - 510 - 4,145 - 4,560 - - - |
2023 Unrestricted Restricted Funds Funds £ £ 47,798 - 6,020 - 5,250 - 4,560 - 800 - |
2023 Unrestricted Restricted Funds Funds £ £ 47,798 - 6,020 - 5,250 - 4,560 - 800 - |
|
|---|---|---|---|---|---|
| 44,826 | - | 64,428 | - | ||
| - - 27,066 |
4,405 - |
- - 16,100 |
- | ||
| 27,066 | 4,405 | 16,200 | - | ||
| £ 71,892 | 4,405 | £ 80,628 | - |
There were no Restricted Funds in this year
8
Baitul-Mukarram Mosque Trust
Income and Expenditure Account for year ended 31[st] March 2024.
| Donations Donations from other Charities Membership Fees Madrassa Fees Rental Income Government Grants Specific Funds Total Income Less Overheads Employee Costs Wages & Salaries Pensions Staff Training & Welfare Premises Costs Cleaning Insurance Licence Fee Light & Heat Ramadan Food Rates Repairs Repairs & Maintenance General Admin Expenses Postage Printing & Stationery Telephone Donations Bank Charges Professional and Legal Costs Accountancy Fees Legal Fees Depreciation Provision for Depreciation Net Profit |
2024 £ £ 36,121 - 4,560 4,145 27,066 - 4,405 76,297 42,852 944 - 43,796 155 1,382 75 12,834 - 264 14,710 1,650 - 861 3,900 - 4,761 1,175 - 1,175 451 66,543 £ 9,754 |
2024 £ £ 36,121 - 4,560 4,145 27,066 - 4,405 76,297 42,852 944 - 43,796 155 1,382 75 12,834 - 264 14,710 1,650 - 861 3,900 - 4,761 1,175 - 1,175 451 66,543 £ 9,754 |
2023 £ £ 53,818 800 4,560 5,250 16,100 100 - 80,628 34,668 1,604 - 36,272 481 400 104 6,837 - 405 8,227 9,802 - 604 6,000 25 6,629 1,165 - 1,165 506 62,601 £ 18,027 |
2023 £ £ 53,818 800 4,560 5,250 16,100 100 - 80,628 34,668 1,604 - 36,272 481 400 104 6,837 - 405 8,227 9,802 - 604 6,000 25 6,629 1,165 - 1,165 506 62,601 £ 18,027 |
|---|---|---|---|---|
| 76,297 66,543 |
80,628 62,601 |
|||
| 43,796 | 36,272 | |||
| 155 1,382 75 12,834 - 264 |
481 400 104 6,837 - 405 |
|||
| 14,710 | 8,227 | |||
| 1,650 | 9,802 | |||
| - 861 3,900 - |
- 604 6,000 25 |
|||
| 4,761 | 6,629 | |||
| 1,175 - |
1,165 - |
|||
| 1,175 | 1,165 | |||
| 451 | 506 | |||
| £ 9,754 | £ 18,027 |
9
Baitul-Mukarram Mosque Trust
Notes to the Accounts for the year ended 31[st] March 2024.
| Creditors & Accruals British Gas E-On Nest Pension PAYE Wages Accruals |
2024 3,427 ( 1,033 ) - 785 742 3,921 1,175 1,175 £ 5,096 |
2023 ( 556 ) ( 826 ) 33 418 - |
||
|---|---|---|---|---|
| ( 931 ) | ||||
| 1,165 | ||||
| 1,165 | ||||
| £ 234 |
Registered Charity Number 1068370
Baitul Mukarram Mosque Trust
Trustees Annual Report 2024 Financial Year 2023/24
1
Baitul Mukarram Mosque Trust Registered Charity Number 1068370
Contents
| Page | |
|---|---|
| Legal & Administrative Information | 3 |
| Officers Report | 4 |
| Full Membership List | 5 |
| Executive Committee & Property Trustee List | 6 |
| Aims & Objectives | 7 |
| Structure Governance | 7 |
| Demonstrating Public Benefit | 7 |
| Summary of Achievements | 7 |
| Summary of Achievements | 8 |
| Financial Review | 8 |
| Reserves Policy | 8 |
| Future Plans | 9 |
2
Baitul Mukarram Mosque Trust
Registered Charity Number 1068370
Legal & Administrative Information
Charity Name:
Charity Registration Number: Principal Address:
Tel:
Baitul Mukarram Mosque Trust 1068370 22-26 St Stephens Road
Leicester LE2 1DQ 0116 2546138
Email: Holding Trustees:
b.m.m.trust@gmail.com Luthfur Rahman Choudhury Mohammed Hanif Ullah Aminul Rashid Talukdar Motiur Rahman Chowdhury Mohammed Junur Miah Gazi Mohammed Siftur Rahman Mohammed Hafizur Rahman
Management Committee
Chairman: Vice Chairman: Secretary: Assistant Secretary:
Treasurer: Assistant Treasurer: Employees
Accountant:
Bankers:
M Khayam
M K Miah T Ahmed M A Mukith A Waqui
N Hoque
S MD Rahman Hafej MD Bodrul Alam Sterlyn Ltd 11 Main Street Barkby Leicester LE7 3QJ Barclays Bank PLC Leicester
3
Baitul Mukarram Mosque Trust
Registered Charity Number 1068370
Officers Report 2024
Chairman’s Report
I would like to thank each and every member of this prestigious Trust for supporting me over the last year. I have thoroughly enjoyed the experience.
There is lot of work to be done and we must continue to work diligently for the community. Finally if I have offended any one, I humbly ask for your forgiveness. Jazak Allah Khair.
Treasurer’s Report
Thank you for your support over the last two years. It has been a privilege to serve this Trust in managing its finances.
Total Income at the end of this period is £76,297 compared to £80,628 in the previous period. I firmly believe that our finances are and will remain strong.
Finally if I have offended any one I humbly ask of your forgiveness. JazakAllah Khair.
Secretary’s Report
On reflection the last year as a Secretary of this Trust has been a journey that I will remember for sometime.
Going forward I wish each and every member of the trust well and if I have offended any one at any point I am truly sorry and humbly request your forgiveness.
4
Baitul Mukarram Mosque Trust Registered Charity Number 1068370
Membership List
| Membership List | |
|---|---|
| Name | |
| 1 | Mohammed Hafizur Rahman |
| 2 | Mohammed Abdul Kalam Azad |
| 3 | Mohammed Afzal Hussain |
| 4 | Mohammed Tipu Ahmed |
| 5 | Jahan Chowdhury |
| 6 | Mohammed Siftur Rahman |
| 7 | Lutfur Rahman Chowdhury |
| 8 | Mohammed Hanif Ullah |
| 9 | Mohammed Junur Miah Gazi |
| 10 | Mohammed Mottiur Rahman |
| 11 | Mohammed Aminur Rashid Talukdar |
| 12 | Mohammed Abu Bakkar Mukith |
| 13 | Mohammed Abdul Alam |
| 14 | Abdul Mannan Khan |
| 15 | Nazarul Khalique |
| 16 | Mohammed Abdul Muhit |
| 17 | Mohammed SR Chowdhury |
| 18 | Mohammed Abdul Khayam |
| 19 | Mohammed Siddiqur Rehman Khayam |
| 20 | Shafiqur Rahman |
| 21 | Munir Hossain |
| 22 | Mamon Chowdhury |
| 23 | Alif Uddin Gazi |
| 24 | Samad Khan |
| 25 | Abdus Sattar |
| 26 | Azizur Rahman |
| 27 | Mohammed Nurul Haque Shohel |
| 28 | Mohammed Monsor Ahmed |
| 29 | Abdul Awal Azad |
| 30 | Kosru Miah |
| 31 | Zahangir Ahmed |
| 32 | Fakrul Jaman |
| 33 | Oyes Ahmed |
| 34 | Abu Taher |
| 35 | Abul Hassan |
| 36 | Faruk Ahmed |
| 37 | Abdul Waqui |
| 38 | Shoukat Hussain |
5
Registered Charity Number 1068370
Baitul Mukarram Mosque Trust
Executive Committee & Property Trustee List for Year ending 31/03/2024
| Name | Position | |
|---|---|---|
| Executive Committee | ||
| M A Khayam | Chair | |
| M K Miah | Vice Chair | |
| A Waqui | Treasurer | |
| N Hoque | Assistant Treasurer | |
| T Ahmed | Secretary | |
| M A Mukith | Assistant Secretary | |
| Trustees | ||
| 1 | Luthfur Rahman Choudhury | Executive Member |
| 2 | Mohammed Aminur Thalukdar | Executive Member |
| 3 | Hanif Ullah | Executive Member |
| 4 | Motiur Rahman Chowdhury | Executive Member |
| 5 | Mohammed Junur Ghazi Miah | Executive Member |
| 6 | Mohammed Siftur Rahman | Executive Member |
| 7 | Mohammed Hafizur Rahman | Executive Member |
6
Baitul Mukarram Mosque Trust
Registered Charity Number 1068370
Foreword
The Trustees Annual Report was produced in accordance with the reporting requirements of the Charity Commission SORP 2016.
Aims & Objectives
To advance the Islamic religion amongst the Muslims prescribed by Islam
To advance the education of the public including religious education
To relieve poverty and sickness and to preserve and protect the good health of persons resident in Leicester
To further such other charitable purposes as the Committee from time to time determines
Structure, Governance & Management
The charity is un-incorporated, governed by constitution and its affairs managed by an Executive Committee from which six elected officers (Chairman, Vice Chairman, Treasurer, Asst Treasurer, Secretary, Asst Secretary) oversee its administration. The Property Trustees and Executive Committee volunteer their personal time, and receive no financial incentive or remuneration, and try to meet every two months.
Demonstrating Public Benefit
The charity carries out a range of activities in pursuance of its charitable aims. The Trustees consider that these activities, summarised below provide benefit.
Summary of Achievements
The Trusts main objective is to provide a place of worship, with Islamic education for the Muslim’s of Leicester. The following is a summary of activities the Trust has delivered in line with Government guidance due to covid-19:
Daily Prayers
Providing continuous access to prayer hall seven days a week all year round for Muslims wishing to perform daily prayers The daily prayers are led by Imam’s employed by the Trust.
Friday Prayers
Demand for praying facilities is at its highest during Friday Juma prayers, and now able to provide more space meeting current demand.
Evening Classes
There are two paid employees for the purpose of teaching, both of whom are CRB/DBS certified and accredited with child safety induction certificates awarded by the Federation of Muslim Organisations, an affiliate of the Leicester City Council Child Protection Unit.
7
Baitul Mukarram Mosque Trust Registered Charity Number 1068370
Ramadan
Both Imams performed recitation of the Quran after Zuhr (mid-day) prayers attracting a sizeable audience, enabling those in attendance to improve their Arabic and reading of the Quran.
At sunset complimentary water and dates were provided to those breaking fast at the Mosque, attracting a sizeable number for Magrib (sunset) prayers. The water and dates were donated to the Mosque and members of the congregation helped organise and distribute the dates and water.
During the month of Ramadan the Taravi Prayers were performed twice each night at different time slots to accommodate those that work late. Religious talks were also delivered after the Taravi prayers.
Eid Prayers
Two separate times for prayer were organised for both Eid-ul-Fitr & Eid-ul-Adha to meet the needs of the community.
Funeral Service
Assistance given to bereaved families with the bathing and burial of dead bodies, in line with Islamic tradition. This service is delivered free of charge, with support and guidance from the Muslim Burial Council of Leicester (M.B.C.O.L).
M.B.C.O.L is a charitable organisation which the Trust is an affiliate to.
Financial Review
For the period ending 31/03/2024 the Trusts financial statements were produced on the accruals basis in line with the reporting requirements of SORP 2016 applying accounting standard FRS102, confirmed by appointed accountant Sterlyn Ltd.
The Trustees deem that Baitul Mukarram Mosque Trust will continue to function as a going concern.
No expenses were claimed by any Trustees in relation to travelling, subsistence or entertainment during this financial period. No related party transactions that require reporting in this financial period have taken place.
Reserves Policy
The Trustees are committed to using funds in pursuit of its charitable objects. The Trust allows for unrestricted cash reserves between a minimum of two months operating costs, up to a maximum of £62,000. This is deemed sufficient as the Trust would be able to carry on functioning in the event of:
Losing a major income source
Needing to carry out urgent repairs, as the main part of the building is more than hundred years old as well as
- Managing the repayment of long term liabilities
8
Baitul Mukarram Mosque Trust Registered Charity Number 1068370
Excess reserves held at the end of the 2023/24 financial year will be moved to the unrestricted funds for the following financial year.
Current Account funds of £9,389 as at 31/03/2024 will be carried forward to the unrestricted funds for 2024/25 financial year.
Future Plans
To continue to provide a comfortable place of worship, education and funeral service where possible. Explore further engagement within the wider community of Highfields.
Signed by: ………………………………………..
Date: ........................
M A Khayam (Chair)
Signed by: ………………………………………..
T Ahmed (secretary)
9