The Charity Registration Number is - 1071951 The Liverpool Mosque and Islamic Institute Report and Accounts 5 April 2023
The Liverpool Mosque and Islamie Institute Report and accounts for the year ended S April 2023 Contents Page Charity inforniation Tru5tees' Annual Report Accountants. report 2-6 Funds Statements.'_ Statèment ol Financial Activities Movements in funds Income and Expenditure aeeounl Balance sheet Notes to the accounts 13 14 1&-16 17-23
The Llverpool Mosque and Islamlc Institute Trustees. Annual Report for the year ended 5 April 2023 The Ttustees present their Report and Accounts forthe year ended 5 ri12023. Reference and administrative detslls The charity name. The legal narne of the charity i$.'- The Livetpcd Mosque and Islamic Insts"tute. The ch8rlty'$ ar•a$ operation and UK eharltsble registratio The charity is gIStered in Eroland & Waks wth the Charty Cc¥nmission in En9land & wa ICCEWI wth charity number 1071951. The ¢harily does not operate in any overseas jurisdictio. Legal $tnKtvre orth• charity The chanty Is ¢on$tituted as an unincorpora¢ed tharity. e$tablish&J by Trust tked. The goveming uMent of the charity is the Trust Deed establishing the charity. The are no restrictions In the goveming documents on the operats.on of the Charity or on its investment powers other than those imposed by Charity Law. The trustees a all indmduals.
The Liverpool Mosque and Islamlc Institule Trustees, Annual Report for the year ended 5 April 2023 The principal operzting add$$, telephont number, email and web addresses of the charity are:. 8 Cramond Avenue Livewl, Merseyside England, L18 1 EQ Telephone 07404092888 Email Address Imi live.co_uk Web a(j$S www 1mii.org The Trustees in office on the date the report was approved were: Dr Syed Ahmed Hussain Raz Tahir Javed Chaudhary Haroon Khan Saud Binjawafl The following persons $eNed as Trustees durfjng the year ended 6 Aprll 2023 : The Ituslees who served as a tW5tee In the K)rting pèriod were as shown above. and there *re no changes dunng the year. or In the period beh%Een Ihe year erJ and the approval of the accounts. Custodlan Trustees TAHIR JAVED CHAUDHARY HASHIM MOHAMK4ED SuLAIN GHALIB KHAN The Custodian trustees in office during the year were'.- The ¢uslodian trustees or nominees holding lit to the charity'5 property who served in the pong penod. and, if applicable, their dates of appoinent or resignation during the year. Name Apwnted Resigned/Rétired TAHIR JAVED CHAUDHARY Objects and activities of the charity The purposes of the charity as set out in its governing document. The objective of the charity is to a(Jvance the Islamic ligIOn in the Live001 area for the benefit of the public by way of.. -To maintain the mosque's premises for prayers and worship. -To establish da11y five prayers, Friday prayers. 8nd other prayers throughout the year. -To provide Islamic eduealion and promote the Islamic faith -To preserve the Muslim identity and encourage people to be active participants in society. -To facilitate good community relations and to provide facilities for the teaching of Hadith and the Holy Quran. -To promote good relations and mutual respect between the Muslim community and all other communities. rhe main activities undertaken in relation to those purposes during the year.
The Liverpool Mosque and Islamic Institute Trustees. Annual Report for the year ended S April 2023 Mosques was engaged in the following religious activities that provided public benefits and promote spiritual growth and community cohesion". 1. Regular congregational prayers. including the five daily Pfayers ISalah}, Friday prayers (Jumu'ahl. and special prayers during lIgIouS occasions, provide an opportunity for the community lo come together. foster unity, and strengthen their connection wlh Allah. 2. Semons and Religious Talks." Iru5tees arranged sermons and religious tslks delivered by knowledgeable scholars or community leader5. These sessions provide guidance. moral teachings, and practical insights from Islamic principles. helping individuals understand and apply their lailh in their daily lives. 3. Quran Study Cir¢les." It allowed individuals lo deepen their understanding of the Quran. its leaching5, and Ils relevance to contemporary issues. These circles were opened lo people of all ages and backgrounds. foslenng an environment of leaming and spiritual grovAh. 4. Islamic Eéucalion Classes.. Mosque offed educational classes on various aspe¢ls of Islam, including the lundamenlals of faith IAqeedahl. jurisprudence (Fiqhl, the life of Ihe Prophet Muhammad Isunnahl. and Islamic history. These classes help individuals develop a Gomprehensive understanding of Islam and ils principles. 5 Ramadan Prograrris". During the holy monlh of Ramadan, tnhslee5 organised programs such as Taraweeh prayers. iftars l¢he breaktng of the fasll. and lectuies on Islamic topics. Trustees also arranged meals to individuals and families who are fasting, Creating a sense of community and support during this blessed monih. 6. Celebrating Islamic Festivals.. Mosque organised ¢elebration$ and events lo commemorate Islamic festivals such as Eid al-Filr and Eid al-Adha. These gatherings bring the ¢ommunily together, promote joy and unity, and create an opportunity for Muslirns to share the blessings of the occasion with the wider public. The Iruslees have had regard to the Charity Commission's guidance on public benefit in managing the activilies ol the charity- The main activities undertaken during the year to fiirther the charity's purpose for the public benefit. The activities undertaken by a m05que was vary based on theii Specific community, resources. and the needs of the individuals they serve. The goal is to provide religious 5eTvice5 and opportunities for personal and comrnunal growih while foslering a sersse of spiriluality. unity. and public benefit. The Iru5tees have had regard lo the Challty Commission's guidance on public benefit in managing the activities of the charity. The main achievernents and perforniance of the charity during the year. We are pleased lo report that throughoLrt Ihe year the charity maintained the njnning of the mosque and madrassah to achieve its objectives and trustees are satisfied with the overall performance of the charity. rhe difference the charity s perfomiance during the year ha5 made to the beneficiaries of the charity. The perfomiance of a m05que IhroughoLrt the yeaT ha5 made a significant difference to its beneficiaries. The mosque's activities. including educational programs. and religious services. have positively impacted the lsves ot individuals arkl the broader community. Educational program5 and workshops have empowered individuals with knovAedge and skills, enabling personal growth and self-improvement The mosque's religious Sel¢e$. stjch as congregational prayers. sermons, and Quran study circles. have fostered a sense of spifitual connecb'on and provided guidance for individua15 seeking a deeper understanding of their faith. Overall. the mosque's performance throughout Ihe year has brought tangible benefits and a sense of community to its beneficiaries. creating a positive impact on their lives.
The Liverpool Mosque and Islamic Institute Trustees, Annual Report for the year ended 5 April 2023 The degree to which the achiTevements and performance during the year havè benefited wider SOCiTety. The board of Iruslees is pleased to confiim that they are satisfied with the availability and adequacy of the mosque's assets in each fund to fulfill ils obligations. Through diligent financial management and responsible stewardship. the mosque has ensured that the funds dedicated lo specific purposes are well-maintained and allocated appropriately The board has closely monitored the financial health ol the m05que. conducting regular assessments and reviews to ensure that the assets allocated to each fund are sufficient lo meet the obligations associated with them. This careful oversight and pwdent planning have provided the Ix>ard with the a5suran¢e that the mosque's assels are in place to ftjlfill ils commitments and serve the community effectively. Structure. governance and management of the charity The methods used to recruit and appoint new charity trustees. The existing trustees are responsible for the recruitment and appointment of new trustees. The process consists of the Imam announcing lo the congregats.on that the current tx)ard of Iwstees are looking lor a new trustee. All inleresled applicant5 are invited to send their CV5 highlighting their strengths and how they ¢an make a positive contribution to the charity. Any new trustees musl go through one-year probation before Ihey become pernianent members. The Charitys financial position at the end of the year ended 5 Apn"12023 The financial position of the charity at 5 April 2023 and comparats.ves for the prior period, as more fully detailed in the accounts. can be 5ummarised as follows'.- 2023 2022 Net income 26,308 39.959 Total Fund8 364,993 338,685 Financial review of the position at the reporting date, S April 2023. Funds available are sufficient to permit the charity lo continue operating in the medium lo long term. The day-to-day running of the Masjid 15 SUPPOrted by voluntary donations. There are no uncertaints.es about the charity continuing as a going concem. Policies on reseryes.
The Liverpool Mosque and Islamic Institute Trustees. Annual Report for the year ended 5 Aprfl 2023 Reserves are vital for ensuring the long-lemi financial 5tsbility and sustainability of the m05que, enabling il lo luifill its mission. support its operations. and provide ongoing services to the community. Reserve Categories.. 1. Operating Reserve." This reserve is designaled lo cover sbort-lemi cash flow fluctuations. unforeseen expenses. and emergencies that may arise during Ihe mosque's d8y-Io-day operations. 11 ensures that essential services and programs can be m8inlained without interruption. 2 Maintènance and Repairs Reserve." This reserve is specifically allocated for planned or unexpe¢led maintenance and repair needs of the mosque's physical infrastructure. It ensures that necessary repairs and renovations can be camed out promptly. preservin9 the safety, functionality, and aesthetics of the mosque premises. 3. Expansion and Development Reserve.. This feserve is eamiarked for fulvre expansion. development projects, or major capitsl expenditures. It aims to support the mosque'5 growth and strategic Inilialives. including the construction or acquisition of addÉtional facilities to accommodate the evolving needs of the comtnunity. Communication.. The fflosquè'$ reserve policy 1$ communicated lo relevant stakeholders. including thè board of trustees. mosque management, and the community, lo foster transparency, understsnding, and onliden¢e in the mosque's financial management practs"ces. Review.. This reserve policy is VieWed periodically. or as necessary, lo ensure ils alignment with the mosque's evolving financial needs and compliance wth applicable regulations and best practices. kny revisions or update5 to the policy sh811 be appfoved by the board of Iruslees. Availability and adequacy of assets of each of the funds The board ol trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil it5 obligations in respect of each fund. Detai15 of The Independent Examiner Kamran Mukhliar Member of ACCA Smithdown Road Liverpool Mer3eyside L7 4JG Statement of Trustees. Responsibilities The charity's trustees are sponsible for the preparation of the accounts in accordance wth the terms of the Charities Act 2011 and the Charities (Accotjnts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulalions.the Charities (Accounts and Reports) Regulations 2008, to prepare the financial slalemenls in accordance with the SORP 2005. in view of the la¢1 thal the SORP 2005 has been wthdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according lo the FRS 102 SORP {Statemenl of Recommended Practice for Accounting and Reporting by Chariliesl 2015,1as amended by the Bulletsn issued in October 2018 and applicable lo all accounting periods Winning on or after 1st January 20191. ffhe SORPI.
The Liverpool Mosque and Islamic Institute Trustees. Annual Report for the year ended 5 April 2023 In particular. charity law requires the Tfuslees, if they prepare accounts on an accruals basis, lo prepare financial stalemen15 for each financial year which give a tiue and fair view of the slate of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financTal slalements the Trustees are required to to prepare the accoijnls in accordance wth United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl. select suitable accounting policies and apply them consislenlly., make judgements and eslim8te5 that are re850nable and prudent.. prepare the financial slalements on the going concem basis unless it is inappropriate lo presume that the charity wll continue in busines5,' state whether applicable accounting siandard5 and statements of recommended practice have been followed. Subject to any material departure5 disclosed and explained in the financial stalemenl5', The law requires that the Iru5tees must not approve the accounts unless they are satisfied that they give a true and fair view of the slate of affairs of the charity and of the surplus or deficit of the chaty for the year_ The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are SLJfficient lo show and explain the charitls transactions and enable them lo ensure that the financial sialemenls comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence fof taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are also sponsible fof the contents of the Trustees, report. and the siatutory re5pon5ibilily of the Independent Exarniner in relation lo the Trustees. report Is lirnited to examining the report and ensunng that , on the face of the report, the are no rnatenal inconsistences with the figures disdosed in the financial statements. Thi8 report as approved by the board of trustees on 4 No¥embef 2024. Dr SYED AHMED HUSSAIN PAZ Trustee
The Liverpool Mosque and Islamic Institute Report of the Independent Examiner to the Trustee5 of the ¢harlty on the accounts for the year ended 5 April 2023 I report lo the Twstees on my examination ofthe financial statements of the charity on pages 9 to 16 for the year ended 5 April 2023 which have been prepared in accordance with the Charilies Ac¢ 2011 (the Act) and with the Financial Reporting Standard 102. lèffeolive 1st January 20161 adaptèd to meet the needs ol unincorporat8(5 organ15ations, as modified by FRS 102 SORP Istatement of Recommended Practice for Accounting and Reporting by Charities) 2015, las amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or aftei 1st January 2019}. ffhe SORPI, published by the Charity Commission in England & Wales ICCEW) . and under the historical cost convention and the acc(Jnb"ng kK)li¢ies sel out on page 17. Respective re5ponsibillUes of the Trustees and the Indendent Examiner and the basls of the report As described on page M. you. the charity's Trustees. a responsitAe for the preparation of the financial statements in accorclance with Ihe Chanlies Act 2011 and all oU)er applicable law and wilh United Kingdom Generally Accepted Accounting PractK. applicable to smaller enlilies. and for Ing Satisfied Ihat the financial statements give a true and fair view. The Trustees consider that the audrt ¥equirement ol Section 144111 of the Charities Acl 2011 Ithe Acll doe5 not apply. and that thei8 is no requirement in the Goveming DcKument foi the conducting of an audit. As a consequence, the Trustees have elected that Ihe financial ststements be subject to independent examination. Having satisfied myself thal Ihe finanual statements are nol required to k audrted under any legal provision, or otherwise. and are eligib for independent examinab"on. it is my responsibilty lo... al exarnine the financial stslements ofthe chartty under sl0n 145 ol the Act.. bl follow the applicable procedures in the Direth"ons gNen by the Charity Commission under section 14515llbl ol Ihe Act. Basis of Independent Examinerfs Statement and scope of work undèrtaken I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying Out my examination, I have followed all the applicable Direclions given by the Charity Commission under se¢lioll 14515llbl of the A¢t Setting OLrt the ¢Juties of an independent examiner in relation to the conducting ol an independent examination. An independent examination includes a rewew of the accounting records kept by the chaiity and ol the accounting systems employed by the charity and a comparison of the financial statements presented with Ih05e records. 11 also inctudes consideration of any ijnusual items or disclosures in the financial Stalemenls, and seeking explanations Irom you. as Trustees, corKeming such matters. The Purpose of the examination is to establish as lar as possible that there have been no breaches of charity legislation and that, on a test basis ol evidence relevant lo the amounts and disclosures made, the financial statements comply with the SORP.
The procedures underlaken do not provide all the evidertt thal would be required in an audit. and inlormabon supplied by the Trustees Ln the course of the examinab.on 1$ not 8ttbje¢ted to audil tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The plarining and conduct of an audit goes beyond the limited assurance that an independent examination can provhle. Consequently, I do not express an audit op¥nion on the view 9Nen by the financial statements, and in particular, l express no opinion as to whether the financial statements grve a true and fair view ol the affairs of the charity. and my report is limiled lo the matlers sel out in ihe siatemeni below. I planned and performed my examination so as to satisfy myself U)al the objectives of the independent examination are achieved and before finalising the rewjrt l obtained written assurances from the Trustees of all material matters. Independent Examinees Statement. Report and Opinion Subject to the limitations upon the scope of my work as detailed above. I have compleled rny examination.. arTrd can confirm that".- This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 14515llbl of Ihe Act which May be applicable; and that no material matter5 have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting COrdS were nol kept respect ofthe charity as required by with Section 130 ofTh8 Charities Act 2011". the financial statements do not acc4)rd vnth those r8cord$- the IinanGial statefflents do not ¢ompty wrth the applicable requirements conceming Ihe fomi and content of accounts set out in Ihe Charities (Account5 and Reports1 Regulations 2008 other than any requirernent th81 the a¢counts give a Inje and fairf view, which is nol a matler considered as part of an independenl examination- have not been prepared in accordance wrth the rnethods ar¥J principles Set out sn the FRS 102 SORP Istalement of Recornrnended Pr8Ctice for Accounting and Reporting by Charitiesl 2015, las amended by the Bulletin issued in October 2018 and aPpIable to all accounting perio(Is beginning on or after 1 st January 20191. (The SORP) have no concems and have come across no olher matters in nneCtion with the examination to which allenlion should be drawn in this rewrt in order lo enable a proper understanding of the Iinancial statements lo be aChed. Signed:. Kamran Mukhtl8f- Independent Examiner ACCA 4a Smithdown Road Liverpool Mer5ey51de L7 4JG This report was signed on 4 November 2024
The Llverpool Mosque and Islamic Institute - Statement of Flnancial Activitie5 for the year ended 5 April 2023 Statement of Financial Activities ftir the year ended 5 April 2023 SORP Rof Cyrrnntyear rr¢DtyMr Restricted Funds yoai Yotsl Fund$ Prior Ytar Total Funds Funds 2023 2023 2023 2022 Income & Endowments frorn: Oonations & Legacies Charitable activities Property Rental Income Other A1 26.881 26,881 1.680 13,500 45,688 1.760 14,720 47 13.5 Total in¢orne 42,061 42.061 62,215 Exp8nditure on.. Charitae activities 15.753 15.753 22.256 Total expendltu 15.T53 15.753 22.256 Net Income for the year 26.308 26,308 39.959 Net Income aft¢r tran$f•r6 A-B-C 28.308 26,308 39.969 Net movement In fund$ 26,308 26,308 39.959 Total fund8 brought forward 338.885 298,726 Total lund5 carried forward 364.993 364.993 338.685
The Liverpool Mosque and Islamic Institute - Statement of Financial Activities for the year ended 5 April 2023 10
The Llverpool Mosque and Islamic Institute - Ststement of Financial Activities for the year ended 5 April 2023 11
The Liverpool Mosque and Islamic Institute- Statement of Financial Activities for the year ended 5 April 2023 12
The Liverpool Mosque and Islamic Instltute - Stalement of Flnan¢lal A¢tlvitles for the year ended 5 April 2023 Movements In revenue and capital funds for the year ended S April 2023 Revenue accumulated funds R•8tri¢ts T*)t•l L¥¥t yo•r Tot•1 Funds F¥nds Fund¥ Fund¥ 2023 2023 2023 2022 Accumulated funds brought forward 338.685 338.685 298,726 Recognised gains and10$8e8 before transfer5 26.308 26,308 39.959 364.993 364.993 338.685 C105Trng revenue funds Revenue accumulated lunds 364.993 364.993 364,993 364,993 338.685 338,685 13
The Liverpool Mosque and Islamlc Institute - Ststement of Flnancial Activities for the year ended 5 April 2023 The Liverpool Mosque and Islamic Institute Income and Expenditure Account for the year ended 5 April 2023 2023 2022 Income Income from operations 28.561 47.448 Investment income Property rentsl income Other operating income 13,500 14720 47 Gro$$ income In the year before excepvonal iterns 42.061 62,215 Gr05s income In the year includlng ex¢eptronal iterns 42.061 62,215 Expenditure Charitable experKliture. excluding depwation arnorbsati Depreciation and amortisation Realised105ses on disposals ol social investsments vthich are programme related 15,153 21,656 Totsl expenditure in the year 15.753 22,256 Net Income before tax In the financial year 28.308 39.959 Tax on surplus on ordinary aciivit*s Net Income after tax in the financlal year 26,308 39.959 Retained surplus for the financial year 26.308 39,969 All a¢tivitie5 derive from conb'nuing operations 14
The Liverpool Mosque and Islamic Instltute - Balance Sheet as at 5 April 2023 2023 2022 Fixed asset$ Tangible assets 203,691 203,691 Current assets Debtors Cash at bank and in hand 162.502 135,594 Total current assèts 162,502 135,594 Creditors.. amounts falling due within one yèar 11.2CK>} 16001 Net Current asse¢s 161.302 134,994 The total net assets of the charlty 364.993 338,685 The total net assets of the charity are funded by the fvnds af tho ¢harfty. as follows:_ Re8trictgd funds Unrestricted Funds Unrestricted Revenue Funds 364.993 338,685 364,993 338,685 Designated Fund8 Total Chadty funds 364,993 338,68S The 'SORP Ref indicaled above is the classificabon of Balan Sheet items as set OLrt in the fornial SORP documents. As required by paragraph 4.60 of the SORP. the tNought forward and carried forward funds above have been agreed to the SOFA.. The Trustees acknedge their responsibilities for complying wth the requirements of charsty legislation ¥vilh respect Io accounting records and the prepar8bon of awjunts. The chanly is subject to Indepen¢Jent Examination under charity legislation, and the report of the Independent Examiner is on page 7 & 8. The Trvstees are satisfied that. although the charity is not registered under the Companie5 Acts. if il were 30 registered. it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 20Lb. applicable to companies subjed lo ¢he sfflall cofflpani¢$ r8gim$. 15
The Liverpool Mosque and Islamic Instftute- Balance Sheet as at 5 April 2023 Dr SYED AHMED HUSSAIN RAZVI Trustee Approved by the board of rrustees on 4 November 2024 18
The Liverpool Mosque and Islamic Institute Notes to the Accounts for the year ended 5 Aprll 2023 1 Accounting policies Policie5 relating to the production of the accounts. Basi8 of preparation and accounting convention The ac¢ounts have been prepare(l on the 8ru81$ basis. under the historical cost convents"on, and in accordan with the Financial Reporting Standard 102. leffective 1st January 20161 ar'FRs 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charitie512015.135 amended by the Bulletin issued in October 2018 an¢1 applicable to all accounting periods beginnirs on or after 1st January 20191. IThe SORPI. published by the Charity Commission In England & Wales ICCEWI , effective January 2016. and in accor(lance with all applicable law in the chanty's iurisdiciion of reg15tratioTr. except that the charity has pwared the finan81 statements in accordance wrth the FRS 102 SORP (Statement of RecomTh*nded Practi forAccounting an(1 Reporting by Charitesl 2015. las amended by Bulletin sued In Othober 2018 aThJ applicable to all accL)unling periods beginning on or after 1st JaDuary 20191. IThe SORPI. in Preferen to the PviouS SORP. ¢he SORP 2005. which has been wilhdra4¥n. notwilhslanding the fact that the extsnt Statutory wulalions. the Charibes IAc¢ounls and Report51 Regulation5 2008 refer expli¢itly to Ihe SORP 2005. Thi5 has been done to attotd bwth current best practrE. Golng Con¢em The charitable a¢tiwtie$ are entirety dependent on continuing grafit and vduntary don8tions as well as trading revenues As a consequence. the going concern basis is dependent on the future flow of these uncertain funding streams Accordingly. the Trust$ have obtained forecasts and. after reviewing the financial forecasts for future periods to 05 April 2024. the Trustees aTe 5at15fied that. at Ihe tirTE of approving the finanaal statements. it is appropriate lo adopt the going concem ba515 in preparing the finarrial statements. Other than these matters. the Trustees a not awa of any material uncertainites about the chariils ability to contsnue as a going cOnM. Rlsks and future assumptions The mosque is a public benefit entity, EcorK)mK do%tUrnS or unexe financAal challenges may impact the onaiitsns received by the mosque. This can lead 10 difti¢utties In funding projects and delivering the intended seNices to the comrnunity. The mosque assumes that lechnolryical advancernenls wll continue to improve it$ operatyon5, fundraising capabilities. 8nd ccmmunicaiion wlh donors and beneficlaries. It anticipates leraging digitsl platforms and iools to enhance efficiency and 8¢kn a wder audience. Tanglble nxed assets Tangible fixed as5et5 are rneasured al their onginal cost value. or Subsequent revaluation, or If donated, as described above Cost Value Includes all Costs expended in briThJiThJ the asset into its intended working eorvjition. Depreciation has been provKled al foll¢Mro rates in ordef to vrrite off the assets tr> their anticipate(l sIdUal value over their estirnaled useful lives. Freehold premises Equipments O %onCosi 20 % on Cost A regular annual of th8 likelihooj of asset wnpainnent 15 undertaken. 17
The Liverpool Mosque and Islamic Institute Notes to the Accounts for the year ended S April 2023 No depreciation is provided on freehold prortY and improvements because it is the pracliee to maintain the property in a continual state of soun¢ repair. Accordingly. the life is so long and the resTdual value so high that the Trustees con$Kler that depreciation ¢alculate(l in accordance vrith accep¢ed aCCunny Standards would be immaterial. Fund Accountlny Unreslricled funds are available for use at the discretion of the trustees in furtheran of the general objectives of the charity. There are no designated funds are unrestricted funds earmarked by the Trustees for particular pUseS. The are no resiricled funds are 5ubie¢ted to restrictions on their expenddure imposed by the donoi or through the lerrns of an appeal or a5 implied by law. There a no endowThenl furmys. 2 LlabS11ty to taxation The Trustees consider that the chanty salisf*s Ihe tests Set out In Paragraph 1 Schedule 6 of the Finan Act 2010 for UK corporation tax purposes Accorlyingly, the Charity 1$ pOntiallY exempt frorn taxation in respect of Income or capital gains received within ¢ategone5 covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such Income or gains are applied exclusively on Ihe specific charitable objects of the chanly and for no other purpose Value Added Tax Is not recoverable by the charity. and is thef0 Included in the k¥ant costs in the Statement of Finan81 Activits'es. 3 Winding up or dissolution of the Charity If vpon wnding up or dissoluts'on OF the charity there rEmain any assets. after the satisfaction of all debts an 11abilities. the assets represented by the aGcumulated fund shall be tran$ferre(I lo sorne other chantable body or bodies having sirnilar objects to the chaAty_ 4 Signifi¢ance of financlal Instruments to the Charity's positlon There are no significant implications of such matters. S Net surplus before tax In the financlal year 2023 2022 The net surplu5 before tax tn the finan&al year ts stated after chargirfj'.- Pension costs 6 Staff costs and emoluments Salarycosts 2023 2022 Gross Salaries excluding trustees and key management per50nnEI Employe¢s National In$uTrnce for all staff Emplcye¢s operating co8ts Of d¢fin¢d contribution pension schemes 1.055 161 18
The Llverpool Mosque and Islamlc Instltute Notes to the Accounts for the year ended 5 April 2023 Totsl salaries, wage5 and related costs 3.350 1,216 The average number of part lirne staff ernployed in the yearwas The avera9e number of full time staff employed in the year was The estimated full time equwalent nurnber of all Staff employ&J in the year was The èstimated equivahnt number offull tlm• staff (Wy•d In dlff•rentoc¢fvlUes In the year was... Engaged on chantable activibes Engaged on publicity actsvitie$ En9aged on furKlrai51ng activities Engaged on management and admin45trdtic The estlm•ted full tlme equhialent numbef of allst&ff employedas above Nerther the trustees nor any persons connected wih t17 have received any temuneration from the charity or any related entity, either in the curreni or prior year. No employees received emoluments lex¢luding penS)n ¢o$tsl In excess of £60.IXX) per annum. Any Iiabilites and assets associaled th the scheme are Shryn under deb¢ors aTh¢l creditors. 7 Defined bonefit penslon s¢h8me The chanty no longer 0rateS a defined terEfit pension scheme as there is no longer a payroll setup. 8 Remuneratlon and payments to Trustee5 and persons connected with them No trustees or persons conneraed wth them rer£Ned any remuneration Irom the tharity. or any related entity. 9 Tangible fixed assets Cunpn¢ Y Land and Bulldings Plant & Maehlnery Motor Vehlcles Total Cost Al 6 Apnl 2022 203,691 203.691 At 5 April 2023 203.691 203,691 19
The Liverpool Mosque and Islamlc Institute Notes to the Accounts for the year ended 5 April 2023 Depreciation Al 6 April 2022 Charge for the year At 5 April 2023 Net book value At 5 April 2023 203,691 203,691 At 5 April 2022 203,891 203,691 l a$5ets are used for 01cl charitable purposes. 10 Debtors 2023 2022 Trade debtors 11 Creditors: amounts falling due wlthln one year 2023 2022 Trade creditors 1.200 800 12 Income and Expenditure accountsummary 2023 2022 At 6 April 2022 Surplus after tax for the year 338,685 26.308 298.726 39.959 At 5 Aprll 2023 364,993 338,685 13 No related patty transactions 14 Particulars of how partl¢ular funds are represented by assets and Ilabilities At S April 2023 Unrestrl¢ted O•slgnatod fundB Restricted Total lund$ Fund5 Tangible Fixed Asset5 Current A3sets culnt Liabilities 203.691 162.502 11.2001 364.993 203,691 162,502 11,2001 364,993 At 6 April 2022 Unregtrf¢tsd Designated fvrbd* fundB Restrictod Total Tangible Fixed A55et¥ 203.691 203,691 20
The Liverpool Mosque and Islamic Institute Notes to the Accounts for the year endgd 5 April 2023 Current Assets 135.594 Curreni Liabilit$ 16(M)I 135,694 16001 338,685 338,685 1 S Change In total funds over the yèar as shown In Note 14 . analysed by Indlvidual funds Fub brought fornard from 20 Movoff•nt In Tran*f•rs Fur nds In 2Q23 betsyoe rrlo lun+ts In 202J forward to 2024 Stre Not• 16 Sw Not? Q Urtrnsthcted and designated fund$.". Unrestncted Revenue Funds 364.993 Total unrestrictrd and deslgnated fund8 338.68S 26.308 364,993 Totsl charlty funds 338.685 26,308 364,993 16 Analysis of movements in funds over the year as shown In Note 15 Other Expendltur• G•lns & Losses Movemont fund8 2D23 2023 2023 2023 Unrestrlcted and designated funds.' unstrICted Revenue Funds 42.C61 115,7531 26.308 42,061 15,753 26,308 17 The purpo$es for whl¢h the funds as Unrestrictedand designated fun¢ts.' These funds are held for Ihe meeting the objeCtYeS of the charity, and to provKle wetves for future a¢bvitie$. and , subject to ¢harity legislation. a [e trwl all stG0ns on their use. UnStricted Revenue Funds 21
The Liverpool Mosque and 18lami¢ Institute Dètsilod ¥n8ty8is ol incom• and oxpendllur• for th year ondod S Aprfl 2023 as requlrgd l)y the SORP 201S 11 Donatlon¥. Grants and Lo9a¢ies rJLTY•4r Tot41 F 202J 2023 202J Totsl don•tknn# glft• Irom 26MI 21181 45,6B8 Total Donations. Grants and Lega¢ies Total DOnaOn¥. Grants and Leqa¢l8s 26.111 45.688 19 In¢ome frrrfn charitable actlvJYe¥- Trad4ng AettvFth8 Currentyear pry Fun 2022 prtmkry purpose and athtilrytT¥ooTrq Sakn ofwths and SEfviw hl ¢dn[ the chèriyi ill8 1,610 1.760 Totsl Prfmlry Pur14d 4ncillarytrndlng 1,610 1,76Q 20 Totsl Incom• frtxh eh¥thabl• aGUv Prior Y•ar Tot4 Fur 2022 TOW m¢rnefroMthantst*lrTrj 1.760 Total from chatitsbl• ¥ctivit6B¥ 1.760 21 Other Incomo and yains Currnntye•r Funds Fw Pfjnsk rfuThJ Totsi othvrlnGom 47 22 Exp•ndltur• on tharitable a¢Wvktl•s- Diroet5pendlng Current Year 2022 Gross wages and salariBs- charitable aclivdies Empl?yers' Nl- Chaiitabfe aclivrties Jjso 1,056
The Liverpool Mosque and Islam1¢ Instituts D•tail•d anatys15 ol Incom¢ and ¢xp•tydilur• forllw yearded S Aprll 2023 a¥ wulrod by th? SORP 2015 Émployers. Nl- Chèriiable Tolal dlrrft swndlog JMSO 1.1156 23 Support ¢08ts lo¥ ¢h¥rltabl• aGtlvltfies Year Employee cosis noi in¢ludtrdin directcosts Dened coniribulion pension cosis - recharged empbyees Donations 3.742 3.742 Promi$0$ Expon¥•s Rate5 and water charges Light heal arbd po%% Propèrty ill5urance 1.198 5.767 1220 15120 5,761 Administratlve ovtth¥•ds Expense5 and rnainlerwnce Council lax Prolesslo)•l lees paid io aths¢¥Tr o#w th• audiior tsrx4Nniner Ac¢ouni8n¢y tses olher tha exatninalion or 8Jdil tses Legal ond prote¥¥ion•l $p•re111 Fiftancial costs Oepiecialion & Amorbsal1 Support costs before rgallo¢•iioii 11.103 11.lQ3 20,601 Total silPPOrt costs - Curroni Yr 11.803 11.803 20.601 thg ekpefidire ID Pliuryeariw $tilL. 24 Tot81 Char¢tsble frxpfrndttu Fw Cuiient Yo•r Funds ¥J2J Toi81 dirett spending Total support Costs 11.003 20.601 Totsl chadtsblee¥pendltsr• 16.763 2l216 PtiwY8w PrknTY•ar ¥tiry TOW Fw Prtor Ye•r Tolal direct spendiryj Tolal support costs 1.0 20.601 Total charltablo •xp•ndknrw 23