REGISTERED CHARITY NUMBER: 1071136 Report of Ihe Truslees And Unaudlted Financial Statements for the Yeydr Ended 31 March 2025 ror NORTH LONDON MOSQUE TRUST(MASJID-E-QUBA) LOLA ATKtNSON Charlered Certified Accountants & Stalory Auditors 43 Upton Lane London E7 9PA
NORTH LONDON MOSQUE TRUST{MASJID-E-QUBA) Contents Of the Financial Statements for the Year Ended 31 March 2025 Page Report of the Trustees Independent Examlner's Report Statement of Flllancl41 Actlvltl¢s Balance Sheet Notes to Ihe Flnanclal Statement8 5 10 9 Detalled Statement of FlnAnelal Actlvllles io to li
NORTH LONDON MOSQUE TRUST(MASJID-E-QUBA) Repor( of the Trustees for the Year Ended 31 MArch 2D25 The tn]slees present their report with the finanGial staternents of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and R¢porting by Charities.. Statement of Recomtnend¢d Pra¢tice ppli¢able lo charities preparing their accounls in accordonce with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effe¢live l January 2019). RucfuRE, COVERNANCK AND MANAGEMENT G()verning document Th¢ Charity is ¢onlrolled by its governing document. a dttd of lrnst and constilut¢s an unincorpordled charity. IiEFERENCE AND ADMINisfRATIVE DKTAIiS Registered ChRrity number 1071136 PrincipAI Addre$$ 70-72 CAZENOVE ROAD LONDON N166AA Trustee5 MSADANA E D AMEI.RAT Independejit Examiner KAI.A A'I'KINSON Chartered Certified Ac¢ouJil8nts Sl8fv10ry Auditorg 43 Uplon Lane London E7 9PA Approved by ord¢r of the b08rd of trustees on.. lld signed on its behalf by- M S A DANA- Trus1¢¢ Page I
Inilepenilent Examinei 5 Repoi'l to the Ti'ustees of NORTH LONDON MOSQUE TRUST(MASJID-E-QUBA) IndepeJ)dent ¢XAminei"s report to the trustees of NORTH LONDON MOSQUF. TRUST(MASJID-C-QUBA) repoi'l to the cllarity Iruslees on my exaniinalion of the accoiinls of NORTH LONDON MOSQUE TRUST(MASJID-E-QUBA) (Ihe Trust) for the year ended 31 March 2025. Responsibilities And basis of report As the cliarily Iruslees of Ilie Trust you are responsible for the preparation of the accouiils iii a¢cordance iviih the requiren)eiits of Ille Cliarities Acl 2011 ('Ihe Act.). I report in respect of my examination of the Trusl'5 accounls carried oul under Section 145 011l)e Act and iii carryiiig out iiiy exaniiiialion I l)ave followed all applicable Directions given by the Charity Commission uiider Section 145(5)(b) or Ili¢ A¢1, Inilepeiilleiit exniiiiiier's stAtemenl Siiice yoiir cliarily's gross ii)com¢ exceeded £250,000 your exaininer musi be a member of a listed body. I can coiifiriii Il)al l aiii qiialificd lo undertake Ihe exaiiiination becaiise l aiii a i)ieiiiber of Ihe Associalioii of Cl)ai'lered Certified Accoiiiilanls. Ivliicl) is one of tlie li51cd bodies. I have completed my examinalton. I confirni that no material mallers have come lo my atteiilion iii connection iyith Il)e exaiiiiiialioii giving me caLise lo believe that in any iiialerial respect: accoiintiiig records iyere nol kept in respect of the Trust as reqiiired by Se¢lion 130 of Ihe Act; or Ille accounts do not accord iyiili Il)ose rccords. or Ilie accoiiiits do not comply ivilh the applicable requirements ¢oiicerning the fonii and content ofaccounls sel out in the Cliarilies (Accounts and Reports) Regiilalions 2008 oiher Ihaii aiiy reqiiirenieiil Ilial the accouiils give a Ii'iie aiid fair view ivliich 15 not a matter considered as part of an independent examination. I liave no coiicerns and have come across no other matters in conne¢lion iviih Ihe examination lo ivhich attention 5hoiild be draiyii in this report iii order to enable a proper underslanding of the accounts lo be reached. Salim Kala KALA A'fKINSON Cliarlered Certified Accountants & Sialiilory Auditors 43 Upioi) Laile Loiidon E7 9PA Date.. Page 2
NORTH LONDON MOSQUE TRUST{MASJID-E-QUBA) Stiltement of fi inancial Activitie5 foi. the Year Ended 31 MAI'eh 2025 31.3.25 Uilreslricled fund 31.3.24 Total funds Notes INCOME AND ENDOWMENTS FROM Doiiations and legacies 177,269 135,141 CIIAI'itAble Activities act 160.669 150,455 Total 337,938 285,596 I XPF.NDITURE ON Rai5iiig fiiiids 654 CIIAI'itRble Activities act 238,102 233,295 Total 238,298 233.949 NfiT INCOME 99,640 51,647 RCI CONCILIA1'10N OF b'UNDS Tolal fiii)ds broiight fonvard 2,544,227 2,492,580 TOTAL fuNDS CARRIED FORWARD 2,643,867 2,544,227 The notes forn] part of these financial slalements Page 3
NORTH LONDON MOSQUE TRUST(MASJID-E-QUBA) BAIAI)ce Slieet 31 Mai'cli 2025 31.3.25 Unre51ricted fund 31.3.24 Total fuiids Note5 IIXED ASSETS Tangible assels 2,727,489 1,943,680 CURRLI NT ASSEITS Debtors Cash Al bank 269 47.802 481 610,435 48,071 610,916 CRbDI'I'OIIS Ainounls falling diie witliin one year (8,693) (10.369) NET CURIifiNT ASSEIS 39,378 600,547 TO'I'AL ASSFTS LESS CURRENI. LIABILITIES 2,766,867 2,544.227 CRKDI'I'ORS (123,000) Aiiioui)Is falliiig diie after niore than one year 10 NET ASSETS 2,643,867 2.544,227 FUNDS Unreslricled fiinds 2,643,867 2,544,227 TO'fAL fuNDS 2,643,867 2,544,227 Tlie fiiiancial slaleinents were approved by Ihe Board of Truslees and auihorised for issue (.6.Ja.n.u..(!6).2I . aiid iyere sigiied on ils behalf by: ANA - 'frii$te¢ E D AMERAT- Tnislee The notes forin part of these financial slaternenls Page 4
NORTH LONDON fvIOSQUE TRUST(MASJID-E-QUBA) Notes to tlie FinxiiciAI StAtements foi. the Year EJ)ded 31 M#rch 2025 ACCOUNTING POLICIES Basis of i)rei)aring the finAntixl statenients 'I'he financial slalenieiils of the cliarity. iyliich is a public benefit entity under FRS 102, have been prepared iii accordaiice iyitl) the Chftrities SORP (FRS 102) 'Accouiiling and Reportiiig by Charities.. Sialenient of Recoiiimeilded Practice applicable to charilies preparing Ilieir accounts in accordance ivitli Ilie Financial Reportiiig Siaiidard applicable in the UK aiid Repiiblic of Ireland (FRS 102) (effeclive l Jaiiiiary 2019),. Fiiiancial Repoiling Siaildard 102 'The Fiiiaiicial Reporting Standard applicable in the UK aiid Republic of Irelaiid, aiid th¢ Charities A¢1 2011. The fiiiaiicial staleiiieiils have been prepared under ihe historical cost convention. Iiieonle All ii)¢oiiie is recognised in the Sialenienl of Finaiicial Aclivilies once the charity lias es11illein¢nl to the fLinds, it is probable tlial the in¢oni¢ ivill be received aiid Ihe amount can be measured reliably. Exi)enilllui'e Liabilities ar¢ recognised as expeiiditure as soon as Ihere is a legal or constriiclive obligalion comiiiilling the ¢harily lo Ihal expeiidiliire, il is probable Ihal a transfer of ecoiioiiiic beiiefils will be required iii settlemeiil and the inounl of Ilie obligation Can be measured reliably. Expeiiditiire is accoiiiiled for on ali accruals basis ai)d lias been Classified ijilder headings that aggregale all cosl related lo tlie category. Where cosls cannot be directly allribuled lo parliciilar lieadiilgs Illey have beeii allocal¢d lo aclivilies on a basis con5i51ciil iviil) the iise of resoiirces. Tangible fixe(l Assets Dcprccialioii 15 provided al the following annual rate5 in order lo write otTeacli a55el over its esliiiialed useful life. TAXlltion The el)arily is exempt from tax on ils charitable aclivilies. 4 111)Il Aecountiiig Uiii'cslricted fuiids can be used in aOrdanCe iyiih the charitable objectives al the discretion of the Iruslees. Rcslricled fLiiid5 Cali only be used for partlCLilar restricted piirposes iyiihin Ilie objects of Ilie charily. Reslriclioiis arise ivhen specified by Ilie donor or ivheii fuiids are raised for particular rcslricled purposes. Fiirlher explaiialion ofihe nature and purpose of each fund is included in the note5 to the fii)an¢ial slaten)enls. Pension cost5 aii(l otlier posl-reliremenl benefils Tlie cliarily operates a defiiied conlribiilioii peiision s¢heme. Conlribulions payable to the cllarity's peiisioii sclieiiie are cl)arged lo ihe Statement of Financial Aclivilies in the period lo ivhich they relale. Page 5 onliiiued.
NORTH LONDON MOSQUE TRUST(MASJID-E-QUBA) Notes to tlle Financial StAtenients- tonlinued foi. tlie Year L% ndeil 31 Mxi'cli 2025 RAISING FUNDS Investmeiit managenient costs 31.3.25 31.3.24 Property repairs 654 TRUS'I'EI EIS, REI TrIUNERATION AND BENEFITS There ivere iio Iriislees, remiineralion or other benefits for Ihe year ended 31 March 2025 nor for the year ended 31 Marcl) 2024. Ti'iistees, expen5¢S There were no Iruslees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAfi F COSTS The average monthly iiuniber of einployees during the year iyas as follows: 31.3.25 31.3.24 Total staff number 19 17 No employees received emolumenls iii excess of £60,IKIO. COMPARATIVCI S FOR THEI Sl'ATEMENT OF FINANCIAL AcfiviTIF.S Unreslricled fiiiid INCOMC AND ENDOWMLNI'S FIIOM Doiialioils ai)d Icgacies 135,141 ClIArilAble activitles act 150,455 Total 285,596 Expfi NDITURE ON Raising fuiids 654 ChAI'itllble ¢tIvItIeS act 233,295 Tot41 233,949 NET INCOME 51,647 RL4'CONCII.IA'I'ION ofi FUNDS Total fiinds broLighi foriyard 2.492,580 Page 6 conlii)Iied...
NORTH LONDON MOSQUE TRUST(MASJID-E-QUBA) Notes to tlie Financial StAtenients- continued fol. tlie Yeai. Ei nded 31 Mal'cli 2025 COMPARAI'IVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES- continued Unreslricled fund TOTAL FUNDS CAIIRIED FORWARD 2,544,227 PRIOR YE4 AR ADJUSTMENT As reslal¢d 1'ANGIIII,E FIXED ASSETS Freeliold property Plaiil wid ma¢hii)¢ry Totals COST At l April 2024 Addilioiis 1.926.217 780,804 101,518 8,122 2,027.735 788,926 Al 31 March 2025 2,707.021 109,640 2,816,661 Db:PIIECIA'I'ION Ai l April 2024 Charge for year 84,055 5,117 84,055 5,117 Ai 31 March 2025 89,172 89,172 Nfi.T 11()OI< VALUE At 31 fvlar¢l12025 2,707,021 20,468 2,727,489 Ai 31 March 2024 ,926,217 17,463 1,943,680 Dri BTORS: AMOUNTS FAI,I.ING DUE wi'fiiIN ONF YF.AR 31.3.25 31.3.24 Prepaynieii15 269 481 269 481 Page 7 continued...
NORTH LONDOIY MOSQUE TRUST(MASJID-E-QUBA) Notes to tlic FinaTJcial Statenients- eontinued foi. tlie YeAI' KIided 31 Mai'ch 2025 CREDITORS: AIVIOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Other Creditors 8,693 10.369 io. CRCDITORS: AMOUIYTS FALLING DUE ArrER MORF. TIIAN ONE YEAR 31.3.25 31.3.24 Interest Free Loan 123,000 11. MOVEMENT IN FUNDS Net movement in funds 31.3.25 Al At 1.4.24 Uiii'esli'iele(I funds Geiieral fiiiid 2,544,227 99,640 2,643,867 'roTAL f4UNDS 2,544,227 99,640 2,643.867 Net niovement in funds, included in ihe al)ove are as folloiys: Incoming resources Resources expeiided Moveiiieiit in fuiids Unresti'ieted fujids General fuiid 337,938 {238.298) 99,640 TOTAL f¢UNDS 337,938 (238,298) 99,640 ConipAratives for Iiiov¢nitnl in funds Net movenienl iii funds At 31.3.24 Al 1.4.23 Uiii'esti'icte(I fullds Geiieral fuiid 2.492,580 51.647 2,544,227 TOTAL FUNDS 2.492.580 51,647 2,544,227 Page 8 coiiliiiued...
NORTH LONDON MOSQUE TRUST{MASJID-E-QUBA) Notes to the fi iiiAncial Stxtenients- continued foi. the YeAI' Ended 31 Mai'eh 2025 Coniparalive nel Inovemenl in funds, included in the alx)ve are a5 folloiv5: Incoming resource5 Resoiirces expeiided Movemei)t in fiiiids Uiii'esli'icled fiiilds Geiieral fiiiid 285,596 (233,949) 51,647 TOTAL FUNDS 285,596 {233,949) 51,647 MOVEMbN'f IN FUNDS- eonlinued A curreiil year 12 11)onlhs and prior year 12 months combined posilion is as folloivs: Nel movenieiit Al At 1.4.23 31.3.25 Uiii'es(ricle(I fuiiils Geiieral fiind 2,492,580 151,287 2,643.867 TOI'AL fiUNDS 2.492.580 151,287 2,643,867 A ¢Lirreiil year 12 Iiionihs aiid prior year 12 monlhs conibined nel movement in funds, ii)¢luded ii) Ilie above Are as folloivs: Incoining resources Res011rS expeiided Moveniei)I iii funds Uiiresli'icted fuiids GeiierRI fund 623,534 (472,247) 151,287 TOTAL FUIYDS 623,534 (472,247) 151,287 12. RCI LATED PARTY DISCLOSURES There ivere no related party tra115actions for the year ended 31 March 2025. Page 9 conliiiiied...
NORTH LONDON MOSQUCt TRusT(MA1D-E-QuBA) Detailed Statemeiit of fi illAneiAI Activities for the Yea I. Ci n(leil 31 Mai'cli 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Friday Collection Grai)Is Lillah & Doiialion Meniber fees Eid Collectioii 25,188 54,930 79,515 15,081 2,555 24,765 88,391 19.168 2,817 177.269 135,141 CliaritAble activities Madresa fees Marriage Fees Reiilal Ii)come Fiiiieral S¢rvi¢es Scaiiner Miscellai)eoiis Incoine Caleiidar 99.583 ,215 55.439 ,550 .225 1,657 95,308 1,542 45.372 1,270 2,078 4.690 195 160,669 150,455 Totnl inconiing resoui'ccs 337.938 285,596 XPLI NDITURE liiv¢slni¢Jil mai)Agement eosts Property I'epairs 196 654 ClIRI'itnble Activities Rates ai)d ivalcr Insiirancc Liglil aiid l)eal Coiiiiiiui)icalioi) Costs Siii)dries Inforijialion and PiiblicAlions Eveiils Lcgal Fees Cl)arilMble Doilalions Clcaiiing MAinlei)ance Pliolo¢oi)ier Scani)er Geiieral Adn)inislralion Expense 2,256 11,745 19.092 734 613 11,649 17,200 785 25 12,106 6,669 7.2(K) 2,050 525 3,126 50 1,100 3,864 5,021 4,828 1,800 4.048 5.859 1.100 2,633 59.307 66.962 Page 10 conlinued...
NORTH LONDON MOSQUE TRUST(fvIASJID-E-QUBA) Detailed StAtemellt of FinAneiAI Aetivities for tlie YeAI' Elided 31 Mai'cli 2025 31.3.25 31.3.24 Suppoi't costs Suppoi't Costs ri iliAnte Bank charges 1,412 1.556 Plaiil aiid machinery 5,117 4,366 Govei'nAiice costs Wages Social security Peiisioils A¢¢oiiiilancy and legal fees 166.165 2,197 .384 2,520 155,610 1,398 ,123 2,280 172,266 160,411 Total resources expended 238,298 233,949 Net iiicomt 99,640 51,647 Pagell coiitinued...