Charity Regi8tratlon No. 1070245 (England and Wal88 JAMEAH FATIMIA MOSQUE REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
JAMEAH FATIMIA MOSQUE CONTENTS Page Trust088' Annual Report Indopènd•nt Examlne*8 Report 8tstsment of Flnanclal Actlvlt108 Balance Sheet Nots8 lo the Flnancl•l 8tstsm•nts 8-12
JAMEAH FATIMIA MOSQUE TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their report and the unaudited financial slalements of the charity for the year ended 31 March 2024. The financial stalemenls have been Pfepared in accordance with the second edition of the Charities Slalemenl of Recommended Practice issued in October 2019, the Financial Reporting Slandard appIlble in the Uniled Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1070245 Princlpal address 118a Berrid9e Road Foresl Fields Nollin9ham NG7 6HT Trustees of the charity The trustees who have served during the year and since Ihe year end were as follows.. Mr Shokal Ali Mr Mohammad Asif Mr Mohammad Aslam Mr Walail Ali Mr Muhammad Hafeez Mr Imleyaz Taj Mr Khaltd Kayani Mr Masood Ahmed Mr Mohammed Aslam Mr Mohammed Mukhtar Mr Mohammed Sarwar Khan Mr Muhammad Moqeern Mr Mumtaz Ahmed Mr Mushtaq Mohammad Mr Riasal Ali Mr Mohammad Sadiq Mr Mushtaq Rehman Mr Tariq Mahmood Mr Mohammed Shabir Mr Tahir Akhtar IndOndent examiner Muhammad Amiughan Ali Khan, ACCA Akhler's Limited Accountsnts and Businéss Advisors 64 Castle Bou18vard Nollingham NG7 1FN
JAMEAH FATIMIA MOSQUE TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 20241CONTINUEDI 08JECTNES AND ACTIVITIES Objectives and aims The charity was formed in 1997 and ffjglsted in 1W. Its ofy"e¢tive is to advance the Muslim ligIOn in the area of Nottingham, by provKling and managing a place of worship. rehgv)u5 activities. Ihe education and training of young people and care for the welfare of the eklerly in the area. Public benefit $tstement The charity aims lo serve the whole community, for the benefrt of the publtc in general, wherever possible. In meeting objeclives and lomiulaling lulure plans the trustee5 have w)5idered the Charity Commission's gumlano on public benelil. FINANCIAL REVIEW Resgrvos Policy The charity's policy is lo en$uTe Ihal IheR a $uffKienl fe serveS lo cover three months of normal recurring expenditure. Whilst a s•3nifunl proporth)n of the reseryes of £1.3C6.523 {2023.' £1,274.272) are represented by land and propety. tt funds held al the bank al It balance sheet date are suff1ent to cover nomal recurriThJ exrthdilure for tho rxt Iwelve months. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The chaiity is controlled by its goveming docufflenl. a cor'tU"0n. arKJ consts'lules an unincoTporaled charity managed by the management committee of Iwslees. New Iruslees are recruited when required. and are advised of their duts and responsibilities as trustees. on appoinlmenl. Trnnsactions and financial position The Slalemenl ol Financrdl ActNities shows a nel surplus of £32.2S1 12023= Surplu5 of £45,887) for the year. Toial funds stood at £1.3C6,52312023.. £1.274.272) al 31 March 2023. of whth free reseNes Vefe £406.94512023: £374.387). Approved by order of Ihe Management Committee and signed on its behatF by: Mr. Mushlaq Mohammad Chair Dale.. 20 September 2024
AKHTER'S JAMEAH FATIMIA MOSQUE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 I report on the accounls of the charity lor the year ended 31 Marth 2024 Ithich a set out on pages 6 10 12. Respective respon8lbilitle• of trustees arbd éxaminer The charity's trustees are responsib for the preparalicrf) of thè accounts. Th• ¢harity'$ Irustaes consider that an audit ts not required for this year under séction 14412) of th¢ Charit*s Acl 2011 {Ihe 2011 Ad) and that an tndependenl examination is required. 11 is my responsibility lo-. - examine accounts undef seclioft 145 01 Ihe 2011 Act: follow the procedure$ la down in Ihe General DirethK)ns given by the Charity cornm1$$n under section 14515llb} of ihe 2011 Acl., and - slate whelher particular matters have come lo my attention. 8asls of Independent examlnerf• r•port My examination was carried out in accordance wlh Ihe General Directions given by Ihè Charity Commission. An examination Includes a revk9w ol Ihe accounting fecords kepl by the dmrity and a comparison ol the accounts presented wilh ihose fecords. 11 also indudes considèration of any unusual rtems or dck)SUreS in Ihe accounls. and seeking explanations from you as Irusiees concerning any such matters. The procedures undertaken do not prov8 all the evtdence that would be required in an audit and consequenlty no opinion is given as to whelhar the acccAJnls present a Irue and fair view, and the report ts limilod lo Ihose mailers sel out in the slalemenl below. Indfrpend•nt •xamlnerf8 slat•m•nt In connection with my examInaln, no matler has come to my attention.. 111 which gives me feasonable cause lo belwve thal. in any malerial respect, requiremenls - lo keep arxounliNJ records tn accordance seclion 130 of the 2011 Act.. aThJ - lo prepare accounts whh a¢Id wilh the accountsng recd$ and compty the accounting requirements of Ihe 2011 Acl have not been mel., or 121 lo whth. in my opinion. attenlion shoukj be drawn in order lo enable a Proper understanding af the accounts lo bo reached. Muhammad Armugh8n All Khan. FCCA Akhle¢s Limited Accounlanls and Business Advisors 64 Castle Boulevard Nollingham NG7 1FN Dale-. 20 September 2024
JAMEAH FATIMIA MOSQUE STATEMENT OF FINANCIAL ACTTVITIES FOR THE YEAR ENDED 31 MARCH 2024 Unrestitted Funds Restsi¢ted Funds Totsl 2024 Total 2023 Notes Income and endowments from: Donations and legac*s Inveslmenl income 195.354 12,095 207.449 195.354 12.095 207.449 155.534 12.780 168.314 Total income Expendlttsfe on: Charitable activiiies 168.970 6.228 175.198 168,970 6,228 175,198 115,319 7,107 122,427 Other CL)sts Total expendlture Net Ideficitvsurplus 32.251 32.251 45.887 Reconclliation of funds: Total lunds biought foThvard Totsl funds carried forward 10 1,274,272 1.306,523 1.274.272 1.306.523 1,228,385 1.274,272 10 The notes on pa9es 8 to 12 fonn part of these finanryal slalements
JAMEAH FATIMIA MOSQUE BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Flxed assets Tangible assets Investment property 781,578 118,000 899.578 781,885 118,000 899.885 Current assets Cash al bank Debtors 409,149 375,637 1,652 377,289 410,908 Credltors: amounts falllng due withln on• year Ngt ¢urr¢nt assets Total a88ets less curr•nt15•bllltl•8 3.963 2,902 374.387 1,274.272 1306 S23 Net assets 1.306.523 1,274,272 Charlty Fund8 Unreslricled funds 10 1,306,523 1.274,272 Total charlty fund8 10 1.306,823 1,274,272 The financial slal¢menls were approved and author*ed for ISS by Ihe Management CoftNnlltee on 20 September 2024 and were signed on ils behalf by.. Mr Mushtaq Mohammad Chair The notes on pages 8 10 12 fomi part ol Ihese financial $talents.
JAMEAH FATIMIA MOSQUE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Summary of significant accounting policies la) General information and basis of preparation Jameah Falimia Mosque is a charity in England. The addfess of the gIStered office is given in the charity information on page 1 of these financial slatemenls. The nature of the charity's operations and principal 8ctivities are lo advance the Muslim religion in the area of Nollingham. by providing and managing a place of Worship. religious aclivilies, the education and training of young people and care for the welfaie of the elderly in the area. The charity conslilules a public benefit enlily as delined by FRS 102. The financial slalemenls have been prepared in aecordanee with Ihe se¢ond edilion of the Charities Sialemenl of Recommended practi issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republ¢c of Ireland (FRS 1021 and the Charities Act 2011 The financial slalemenls are prepared on a 90ing ¢on¢ern basis under the historical cosl convention, modified lo include certain items at fair value. The financial slalemenls are presented in slerling which is thè functional currency of the ¢harily and rounded lo the nearest £. The significant accounting policies applied in Ihe preparation of these financial statements are sel out below. These poliCS have been consistently applied lo all years presented unless otheN4ise slated. Ibl Funds unStrI¢led funds are available for use al the discrel¢on of the Iruslees in furtherance ol the general objectives of the tharity and which have not been designaled for olhei purposes. The charity does not hokj any restri¢ied lunds. Icl Income recognition All incoming resources are included in the Ststemenl of Financial Activities {SoFAI when the charity is legalty enlilled to the income after any performance Conditions have been met. the amount can be measured reliably and it is probable that the income will be reIved. Investment income is earned through holding assets for inveslmenl purposes such as property. Idl Expendilure recognition All expenditure is accounted for on an accruals basis and has been classifd under headings Ihal aggregate all costs related to the category. Expenditure is recognised where Iheie is a legal or ¢onslruclive obl¢galion lo make payments lo third partl8$, il is probable that the selllemenl will be required and Ihe amount of Ihe obltgation can be measured reliably. 11 is calegorised under the following headings.. Expenditure on charitable actwiltes., and Other expenditure represents those items not falling into the category above.
JAMEAH FATIMIA MOSQUE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 {el Tangible fixed assets Tangible fixed assels a slated at cost lor deemed cost) or valuation less accumulated depreciation arKI accumulated impairment losses. Cost indudes costs direclty attribulable lo makiry the asset capable of operating as inlended. D8precialion ts provided on all tangib fixed assets. al rates calwlaled to write off Ihe cosl. less e$timaled resKlual value. of èath asset on a systematic basis over Fls eXpd useful lrfe as follows: Fixtures and fillings Motor vehicles 5% slraNJhl lin8 per annum 200A straghl bne pef annwn Depreck8tion is not provijed in respect of the Mosque or house. This poly repfesenls a departure fri stalulory accounting prinuples. whth require depreciation to be provided on all fixed assets. The Iru51ees consJer Ihal this policy is ne$sary in order that the finanaal stslemenls may give a true and lair view because current valu85 and thanges in current values are of prime Importan rather than the calculation of syslematic depreciation. Depreciation is onty one of many factors reftected in the annual valuation and the amount vthich mNJhl olhepwrse have been shown cannot be separately identified or qUantird. fj Inv•stment properties Investment woperttes for which fair value can be measured relkabty wilhoul vndue cosl or effort are measured at fair value al each reporting dale with changes in fair value re¢ognised in 'nel gains l {lossesl on investments. in Ihe statement of finanaal aclmlies. Inveslment property comprises garages renled out to neKJhbouriry resKlents. Ig) Tax The charity is exempl frcffn lax on its dritable a¢tivits. (h) Going cortcem The financial slalernenls have been prepared on a going concem basis as the trustees believe that no material uncertainltes exist. The Iruslees have considered the Ve1 of funds held and the expected level of income and expenditure for 12 month5 from aulhorising these financial statements. The budgeted income and expenditure is Sufflent with the level of reserves for the tharity to be able lo continue as a goMNJ concern. {il Government grants Government grants are recogni5ed at the fair value of Ihe asset receNed or recerv8blè when there is reasonablo assurance that the granl nditionS will be mel and the grants wdl bg recewed. A grant Ihal specifies perfomiance condilions i8 recognised in income when the perfomance conditions are met. Where a 9ranl does not specify performance CondinS it is recognised in income when It* proceeds are received or receivable. A grant rec£Ned before the recognrtN)n criteria are sab'sfied is recognised as a liaknlity.
JAMEAH FATIMIA MOSQUE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Income from donations and legacies 2024 2023 Donations from 1ndWduals and other charthes 195.354 155,534 Income from Investments 2024 2023 Rental Income 12.095 12,780 Trustee's remuneratlon and benefits There were no Iruslees. expenses paKI for the year eNled 31 March 2024 nor for year ended 31 Marth 2023. Staff costs and employee beneffts The average monthty number of employees during the year was as folk)ws". 2024 2023 No employees received total employee benefits {exd1ln9 employer pension eosls) of more than £60,000. 10
JAAfjEAH FATIMIA MOSQUE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Tangiblg fixed assgts Fmhold Improv•m•nts to Property Property Flxture & Flttlngs Motor Vehlcle8 Totsl Cost or Valuation: Al 1 April 2023 Addilions 168.526 599,558 29,761 4,780 34.541 16,8CM) 804.645 4,780 809.425 Al 31 March 2024 158.526 599.558 16,800 Deprecation: At 1 April 2023 Charge for the year At 31 March 2024 12.680 1,727 14.407 10.080 3.360 13,440 22,760 5,087 27.847 Net Book Value: Al 31 March 2024 158,526 599,558 20.134 3.360 781.578 Al 1 April 2023 158,526 599,558 17,081 6,720 781.885 Investment property Cost Al 1 April 2023 and 31 March 2024 118.000 Net book value Al 31 March 2024 118.000 Al 31 March 2023 118.000 Debtors 2024 2023 Other debtors 1,652
JAMEAH FATIMIA MOSQUE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Credilors: amounts falling due within one year 2024 2023 TaxalK*n and sooal sKurity Wages & Salaries Other Creditors 1,058 1,663 1,243 3,963 434 1.250 1.218 2,902 10 Fund rn¢onelllatlon Unrestrlcted funds Balance at 1 April 2023 B•lance at 31 March 2024 Income Expendire Unre8tri¢t•d General funds 1.274.272 207,449 1175.198) 1,306,523 11 Relat party tran8actlon• Thero aro related party Iran$a¢tions during the year ended 31 March 202412023: £ nil). 12
JAMEAH FATIMIA MOS UE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR E DED 31 MARCH 2024 2023 INCOME AND ENDOWMENTS Donatlons and logaclès Donations from individuats and olhef charilies 195,354 155,$34 Investment Incorne Rents reIved Totsl Incoming resourc08 12.780 168,314 207.449 EXPENDSTURE ChaTltable ctlvlti•8 Imam lees Other Staff Cost Imam pension contributions Rates and water Insurance Lh1 and heal Telephone Repairs and renewa15 Funeral costs Cleaning of premises Slalionery & Postage Fund raisirKJ Sundry 22,776 4,983 323 22,109 289 908 1,538 3,003 11242 401 20,763 100,948 508 2.798 8,105 609 14.154 64.197 1,252 180 366 168,971 185 714 115.320 OTHER COSTS Finance Depreciation of langible fixed ass¢l$ 5,087 5,087 4,848 4,848 Governance co8ts Ac¢ounlan¢y and al lees 1.140 2.259 Total resources expended 175.198 122.427 NET IDEFICIrySURPLUS 32,251 45,887 13