REGISI'ERED CIIAHifY YUMBER.. 1071136 Reporl of iht Trusi¢es UnAwdlied Fln•D¢l•l StAltmenli for Ihi. Y¢•r Ended 31 mAh 2024 f•r NORTH LONDON MOSQUE TRUSTIMASJID-LQUbAI KAL4 ATKINSON Ch•rter¢d Certified Ac¢ouni•nis & Stsiuiory Audilorn 43 Uwon L4ne London E7 9PA
NORTH LONDOY l0.$QUE TRUSTlMA5JID-EV8A) Report oftht Tr¥ttets for the Ye•r Ended 11 M•rnh 2024 The ¢¢% preseni iheir with ihe finCIlI StsieTrtnts of the ¢h•rity for the Jr•r eNl¢d 31 Mwrh 2024. The re¢s h1 adopled the sxvisions of A¢counting I1 ReportiD8 by Cblties.. Stsien%nt of ReMmended PrqclTrce •tvlieable to cForities FYtparin8 theiT accounts in 1cco•Th¢¢ wilh the FiMnci•l Re[ing St•ndBrd appliuble in the UK ind Ryblic of Irel0 IFRS 102) (efflyc l January 2019). STRucfuR& GOVERNANCE AND MANAGEMENT Tr ¢hrity is contsolled by its 8overnin8 dooJrneL I deed of and constiwles an unin¢iJrporntrd charity. REFERENCE AND ADMINITIvE DETAILS Regktered Ch#rity nll#hber 1071136 PrkneSpl ddrets 7(k72 CAZENOVE ROAD NDON N166AA Tnle MSADANA E D AMERAT IndeptDdeTrt Exml KALA ATKTNSON & Stsntsory Audiiors 43 Upton tAne rmlon E7 9PA Approved by Of the Ixwd o[trL*¢s Oll........ .. ...... .....-.. MSADANA-Tn P•8e I
Indtpendrni Eithmlncr'j Rcporl lo Ili¢ I'r1151er5 01 I QRTH LOYDOIN hlOSQUE TRUSTlI)IA&IID-F.-QVBAI Indeptndtnl eiaThlnrr'$ rnporl fo iht irusiees of NORTH LUNDON hlOSQUE TiILisriMAlD-E-QUBA) I t¢FM)rt 10 Ihc ch•ril)' ttusi¢es on Iny examinlliiori of ihe occounts of NORTH LONDON MOSQUE TRUSTINIASJID-E-QUBAI {Ih¢ Tn1) for ihe year ended 31 mOh 2024. RespoMlblllilt$ And bsls of report As the chArity m]siees of Iht Trust you hrt responsible for the preparaiion of the accounts in •c¢ord8nce with the rtquircryttts ofthe Charities Ati 2011 {Ihe Aei). l Tfporf in rtspeet of my eximinaiion of Ihc Tnk51'5 accounis carried out und¢r Scciion 145 of the Acl and in taryrn8 oul my exaniination I ha followed all applicable Dir¢ciions given by Ihe Chority Commission undcr Scclion 1451511bl or Ihe Act. Independent eiamintr's 511tment Since YOUT charitys &r05s income exccefled £250.0(K) youi ¢Aamincr must bc J memlKr of a limed body l ¥on confim) thai l am qualified 10 undenoke iht examimtion because l am a rnember of Ihe A5$0cialion of Chanered Ceriified Accountanty TrAthich is onc ofthc limed bodie5. I hve compled my examin21ion. l confirm that no nuterial matters have comc to rny allentson in conneclion wilh ihe ex&minaiion Biving me cause io b¢li¢ve Ihai in any material respect= a¢countin8 rerdS wett not kept in rtspeci of ihe Tn Bs required by Se¢iion 130 of ihe Act.. or the accounts do noi •rcord wilh those records: or tbe accounts do noi COTwly ivith the applicable requirem¢n15 ¢0ncerning the forni #nd ¢rJnienl ofoccounis svl oul in the Charities (Aceounts gnd Repons) Regulaiion$ 2008 oiher Ihan any Tequiremeni that die 3ccounis Bive a alld faiT view th"¢h is Dji 8 nwller wnsidutd Is pan of on trmlependenl ¢xamiDaiion. I have no concerns and have come across no ¢)ther mauer5 in corthedion with the examination to which attcntion should be in thi5 report in order io en•ble • propcr under5tandinB of thr accounts io be rtached. Salim KALA A SON Chan Certified Acc4MMt & Statulory Audiiors 43 Upton Lan¢ E7 9PA hge2
NORTH LONDON MOSQUE TRusf(MA&IiD-FpQUBA) Ststem¢nt or rinxnclal Attlvlties for th¢ Y¢Ar Endtd 31 M#rcb 2024 31.3.24 UArestriaed 31.3.23 Tothl funds IS Testsied Not¢5 INCOME AND ENDOWMENfs FROM Donations and k8a¢its 135.141 127.236 Ch•rlt#ble *¢tiwlti¢s 150.455 186.534 Tot 285.596 313.770 BAisin8 fu 654 3,344 ChArii#ble a¢t5viti act 233.295 216.183 Tolal 233.949 219.527 NET INCOME 51.647 94243 RECONCILIATION OF FUNDS Toial fithds brought fonward 2.492580 2 J98.337 TOTAL FUNDS CARRJED FORWARD 1544227 2.492.580
NORTJI LOINDON IllOSQUL TRUST{mA5JID-Tr-UBA> Bhlnnce Shcel JI .11Ah 2024 31.3.24 Unresiricied fu)Id 31.3.23 Tol&l rwjds •$ I1ed Nott5 FI.XED ASSETS Tangiblt weL 1.943.680 I.8.352 CURRENT A&SETS Cash •1 bank 481 610.435 18.907 586.854 610.916 605.761 cREDORs Amouiiis fallinq due within one )rar {10.3691 13J331 NET CURRENT A&sErs 600.547 602.228 TOTAL ASSETS LESS CURRENT LIABILITIES 2.544.227 2.492.580 NET ASSETS 2.544.227 2.492.580 FUNDS UnresrTiu¢d fund5 10 2.544.227 2.492.580 TOTAL FUNDS 2.544227 2,492.580 The financial wue approved by the Boud of Tn1$ s1 Iuthoriscd for issue on . and weff si8ncd on its beknlf by: M S A DANA- Trus*e E D AMERAT- True¢ The n(Me5 forni pln ofthese finwxial st•lernen PaBe 4
NORfii LONDON hlOSQUETHUST(hlAVAD.k.QUiIA Noits lo tht Fln4pdl Stiemet• for ¢he YtAr Endtd JI IIAffh 2024 ACCOUNTINC POLICIF Bthjts ofprepirlnE Ikt nn•nelAI 1141emenii The fiMTh¢i•I sliiemu1 of ibe thwiiy. thich Is i publ1¢ benoni enilty under FRS 102. h•ve been prepared In cordAn¢e ihe Th•riii¢5 SORP IFKS 1021 'Accountin$ ind XtyortiD& by Ch•rliiei.' Siiiemeni or RertsnulK1cd PT•fti¢e •ppliuble 10 chriiies pParing •ccoynlJ in •ccor(l•n¢e wilh Ihc Fimnciil Re¥Kirtin8 SiindAryI •ppIlb in the UK •NI Republi¢ of Ir¢l•iid IFRS 1021 leffeciive l J•nu•ry 20191,, FINrKi41 Rqx)nin8 StsThJArd 102 Tr Fin•nciil Reponin8 Siand•rd •ppli¢ible in Ihc UK •nd R¢pllbl of I1•& ind the Charities A¢1 2011. Tr fimnciil sl•icnKnis hve been prep•T¢d under lh¢ hiiiwic•l C1 eonvenliorL All itieorne is ngniSed in the Styiemtni of Finan¢i81 Aciivilies on¢e the clwi'iy enli¢01 10 the fithds. it 15 pmbAble thii thc inwrne wiu b¢ received the amou cln be measured 1b•bly. Expendlture Liibiliiies a re¢o8ni5ed a5 exyknlilure •$ soon As there is • le8•1 or eonslnxiive obligalbon comrnilting the ehrity kn that expendiw il is pmblble th1 4 tr•nsfrT of economic benefits will be rcquired in setilemcnl and the IUnT ofthe obliyiion can be me•sured Ttliably. Expendilure is a¢counled for on 6n •ccrua15 b9515 ha5 b¢en clwified und# hejth'np that aweg•ie ill ¢ost relaled io ihe caie80ry. Where costs cbnThoi be diT¢¢IIy attribjied to p4rti¢uknr headiD8S they h•¥e been 1¢41ed io Ktiviiies on i bA5i5 consisieni with the us¢ of Tuglble llx¢d •isets Dq)re£iation is providcd •1 the fi>llow?n8 •ThwII rn5 in (wdEr to off u¢h ass¢1 over its estirnai us¢ful Txth The clJBrity is exeuy frvm 4)D its ¢tivitif4. •¢¢•uThliAg UDrt5tyiCted fitslds can used io •c¢ordw with the eh•rifable objectsves at th¢ di%retion of the tru5ttts. Rcthided fimds only bt used for prticular re5thcied purposes within objects of the ¢hrity. R¢striaions arise when specified by the donor or wh¢n furth are raised fow panicuiir restri¢ied pu05¢$. Furtr exp1VtioS Mtur¢ and ofe•ch is iwluded in the nty1¢5 to the finarKial $tsiernents. Pe110 other p•st-r¢llremeui beNen¢s The cknrity opcr4lc4 • ¢Jtfin¢d CODtribulion p¢nsion schemt. Con¢ributioAS py•ble ¢0 the cljoritys p¢nsion •rr ¢bvgtd th¢ Sts¢er of Finawill Aciivities in th¢ period which they ttlaie. P•1¢ 5 Continued...
ORTH LoNDu f4lOSQUE YIIVSTI.MASJID-E-QUBAI N'olti 10 Ilir Flnllnclul Sialtmen15 - conllnutd for iht YeNT Endtd J11lr¢h 1024 RAISING FUh'DS Investme¢ monmgernent royts 31.3.24 .1$ ie5tsicd Property wair5 654 3.344 TRu&fELS' RENIUNERATION AND BENEFITS There Ire no rru51ee5' remvnernlion or oiher benefits for ihe year ended 31 Mah 2024 nor for Ihe year ended J l Marth 2023. Trusltts. expenses There were no inLMe¢s' exrfft%cs pald for ihe year ended 31 March 2024 nor for ihe year ended 31 Mawh 2023. srAFF COSTS The average monthly number of ernploytts during ihe ivas as follows: 313.24 31.323 TotAI staff nurnber as restaied 17 No ernploycts re¢eiv¢d eIr]UmentS in ex¢¢ss of £60.rAKI. COMPARATIVES FOR THE sfATEMEJYT OF Fif4ANCIAL A 1VITIEs Uni¢siricled nd a5 tt5th1ed INCOME AND ENDOWMENTS FROM Donatsons ond kycies 127.236 Chrltble 186.534 T•tl 313.770 EXPENDITURE ON RAisin8 fund5 3.344 Ch•rlt•blt •erfvlil 216.183 Tot1 219.527 NET INCOME 9424J RECONCILIATION OF FUNDS To1 fimd5 bToughi forwud 2.395.337 P8e 6 Contind...
NORTH Lof¥DON MOSQUE TRUST{MASJID-LQVBA) Noifs io Iht Fln•n¢lAI Sti¢ements- for Iht YeAr Ended 31 M8r¢b 21J24 COMPARATIVES FOR THE &fATEMENT OF FINANCIAL AcnviTIES- contlnutd Unrestricted rund s restaltd TOTAL FUNDS CARRIED FORWARD 2.492.SBO PRIOR YEAR ADJUSTMENT As resmknl TANCIBLE FIXED A&SETS Freehold propEny Pl?nl mAchinery Tots15 cosr At l April 2023 Additions 1.868.523 57.694 101.518 1.970.041 57.694 Ai 31 Mch 2024 1.926217 101.518 2.027.735 DEPRECIATIO Ai l April 2023 Ch•r8e for yr 79.689 4J66 79.689 4.366 AI 31 MBrth 2024 84.055 84,055 NETBOOX VALUE AI 31 MArth 2024 .926217 17.463 ,943.680 Ai 31 MAh2O23 1.868.523 21.829 1.890,352 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 as resled Prepayts •ccn*d income PrCPan 18.426 481 481 481 18.907 Pl7 cotttinued...
I 'ORT14 LUNDON II 10SQUE 'I'RUSTIMAS.IID.I,-_QUIIAI h'oit* lo ihe FlniintlDI Stlli¢m¢nls - eonilhucd ror ilit YoAr Endcd 31 f4qllrrh 2024 CREDITORS.. Ah1OUN fALLING DUE WITHIN ONE VEAR 31.3.24 31.3.23 ss re51ai¢d Othcr creditors 10.369 3,533 10. MOVEMENT IN FUJ'DS Nei movemcni in fuiids Al 31.3.24 Al 1.4.23 Unresiricttd funds Gcncnl fvnd 2.492.580 51.647 2.544.227 TOTAL FUYI DS 2.492,580 51.(A7 2.544.227 Nei moverncnl in filnds. included in Ihe abov¢ are a$ follows: Incorning resourees Resources cxpcndcd Moveiiieni in funds Unre5tritted funds General fu]Ml 285.596 1233.9491 51.647 TOTAL FUNDS 285,596 (233.949) 51,647 Comp#r•iives for rnovement lo funds Nei moverncni in funds Al 31.3.23 Al 1.4.22 UArtiirleted funds Genernl fund 2.398.337 94.243 2.492.580 TOTAL FUNDS 2.398.337 94,243 2.492.580 CompAAtiv¢ nei IveMEn1 in fund5, in¢lyded in Ihc above orc os follows.. I0T1n8 re50UTCe$ Rc50urce$ expended Movement in funds Unrtstrleted funds Genernl fund 313,770 1219J271 94,243 TOTAL FUNDS 313.770 1219.5271 94.243 Po8¢ 8 coniinu¢d...
PIORTH LONDON MOSQUE TRVST(MASJID-E-QUBA) Noies io ¢he FlnAnfl•l StOltments- tonlliued ror ihe Ye#r Ended 31 M•r¢h 2024 MOVEMENT IN FUNDS- tondnutd A current year 12 month5 Prior 12 wA)niks ¢ornbincd posilion is as follo4¥s' Nel nb)vement in fimds At 31.3.24 Al 1.4.22 Unrutrtcied funds GeneT•I fund 2J98J37 145.890 1544227 TOTAL FUNDS 2.398.337 145.890 2544227 A curreni year 12 months and prior ytsr 12 combined net Trw)vemeni in funds. included in the above are as follow5.' Incorning Resour¢¢s Movemeni rts4>U¢S ¢xp¢nded in fvnd5 Gcneral fund 599J66 (453.476) 145.890 TOTAL FUNDS 599.366 1453.476) 145.890 RELATED PARTY DISCLOSURES There were rni related party tr#nsacti(ms for the year er¥Je(131 March 2024. PM8e 9
ORTII LO,NDUN ,11().SQLIF. TRUSYlhlAS.1111.L-IJUIIAI Doialleil f ltyltment fif NDthntlJl Atili'ltlts ror ihe YeAr Ended 11 Illorch 2024 -11.3.24 INCOME AND ENDoWlENTs Don•tlons and lega¢lei Gifi lid Fridav Collection Lillah & Dorthiion Mcmber Fe Eid Colkction l R.42() 28.055 62.760 15.660 24.765 88.391 19,1611 2.817 135.141 127.236 ChAriiablt •ellvltles M&dwesJ Fee5 Mbrriagc Ftts Rentil Iorne Funernl Serrfices S¢annef Mis¢el1oneo Income Calmdar 95.308 1.542 45.372 1.270 2,078 4.69U IY5 89.097 1.262 40.31¥ 1.720 3.975 50.162 150.455 186.534 Tot•1 Incomlng r¢sources 285.596 313.770 EXPENDITURE PToperty rrp•i 654 3.344 Chritble etSvli Rates Ind Tter Insura¢ Li8ht and h¢wl Communic•iion co5 Sundrie5 InfornAiion •nd Publiuiions Events Lgal Fees Charityble DO110$ Cleaning Mainn&t Phoiocopi Sc•nner Genernl AdministrAtson Exp¢Me 613 11.649 17.200 785 25 12.106 6.669 7.200 2.050 525 3.126 50 460 7.296 11.264 2.203 2.652 4.554 1.821 14.745 1.623 5.480 3.JOO 1.478 3.864 66.962 56.876 5wpp•rt emts This p•Be does noi fonn pth of the ststuwry fi1•1 P•8¢ 10
RTH LONDof4 MOSQUE TRUST(MASIiD-EQUBA) De¢•iled Stxtemeni of Flo*nci•l Aclivitl ror iht Year Ended 31 Mareb 2024 31.3.24 31.3.23 rethi¢d Support costs FIDaD¢e Barnk ¢lJarg¢s 1.556 1.030 Other Plant and nwhinery 4.366 5.457 GovernaTh¢e $¢$ Wages Social s¢¢urity Pensions AccouolarKy I le841 fe¢$ 155.610 1.398 1,123 2280 148.586 755 1.199 2280 160.411 152,820 To1 resources expended 233,949 219,527 incoJDt 51.647 94,243 This w¢ docs no¢ fonn wi of the financial sthten%nts P•B¢ll
.N()RTH LOIYDOI%' Mi OSQUF. TRUST{MASJID-E-QUBAI Cthnttnls of the FSnarlAI Siaiemcrtls for ihc Yctsr Ended J l MJr¢h 2024 Pagt Report of ihe Tru5tCC5 Indcpendeni Es#mlner's Report Siat¢mtnt of Fin#ntiAI Attlvltles B•l4nce Shetl Noies to ihe Flnan¢lAI St•l¢mtnts Deljlled StAt¢meni of FlniTrell A¢tlvltSes