The Charity Registration Number is 1071951 The Liverpool Mosque and Islamic Institute Report and Accounts 5 April 2024
The Liverpool Mosque and Islamic Institute Report and accounts for the year ended 5 Aprll 2024 Contsnts Page Charlty Information Tru8tee8' Annual Report Accountants, report Funds Statements.". Statement of Flnancial Activiti8$ Movéments in fund8 Income and Expenditure account Balance sheet Note8 to the accounts 2-8 13 14 15-_16 17--23
The Llverpool Mosque and Islamlc Institute Trustees. Annual Report for the year ended 5 Aprll 2024 The Trustees present their Report and Accounts for the year ended 5 April 2024. Reference and adminlstratlve detalls Th• charlty name. The legal name of the ¢harily Is'.- Th6 Liverpool Mosque and Islamic Institute. The charlty's arnas operatlon and UK charltable reglstratlon. The charity is gistered in England & Wales with the Charity Commission Sn England & Wales ICCEWI with charity number 1071951. Th8 charlty does not operate in any overseas jurisdictions. Lègal structuro of the charlty The charity is constiluted a8 an unin¢orpor8led charity, eslabll8h8d by Trusl Deed. The governing document of the charity is the Tru8t Deed eslabli8hing the charity, There ar& no restrictions in the goveming documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law. The Iru8lee$ are all individual8.
The Liverpool Mosque and Islamic Institute Trustees. Annual Report for the year ended 5 April 2024 The prlnclpal operatlng address, telephone number, emall and web addressos of the charity are:. 8 Cramond Avenue Liverpool, Merseyside England, L18 1EQ Telephone 07404092888 Email Address Imil@liv8.co.uk Web address www.lmii.org The Trustees In offlce on the dato thè report wa$ approved were:. Dr Syed Ahmed Hussain Razvi Tahir Javed Chaudhary Haroon Khan Saud Binjawad The followlng per80ns 8orved a8 Tru8tee8 durlng the year ended 6 Aprll 2024 . The trustees who served as a Iruslee in tha reporting period were as shown above, and the were no changes during the year, or in the period beeen the year end and th$ approval of the accounts, Custodlan Trustees TAHIR JAVED CHAUDHARY HASHIM MOHAMMED SULAIMAN GHALIB KHAN The ¢u8todlan tru•teo8 In offlce durlng the year were:. The Custodian Iruslee$ or nominees holdlng title lo the charlly's property who served In th8 reporting period. and, if applicable, their dates of appointment or resignation during the year. Name Appolnted Reslgned/ReUrnd TAHIR JAVED CHAUDHARY Objects and actlvltles of the charlty The purposes of the charity as set out in its governing document. The objective of the charity is to advance the Islamic religion in the Liverpool area for the benefit of the public by way of.. -To mainlain the mosque's premises for prayers and worship. -To establish daily five prayers, Friday prayers, and other prayers Ihroughout the year. -To provide Islamic education 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 communlty and all other communities. The main activities undertaken in relation to those purposes during the year.
The Llverpool Mosque and Islamlc Instltute Trustees, Annual Report for the year ended 5 Aprll 2024 Mosques was engaged in the following rellglous activitles that provided public benefits and promote spiritual growth and community cohesion.. 1. Regular congregational prayers, including the five daily prayers (Salah), Friday prayers (Jumu'ah), and special prayers during religious occasions, provide an opportunity for tha community to come together, foster unity, and strengthen their connection with Allah. 2. Sermons and Religious Talks.. trustees arranged sermons and religious talks delivered by knowledgeable scholars or community leaders. These sessions provide guidance, moral teachlngs, and practical insights from Islamic principles, helping individuals understand and apply their faith in their daily lives. 3. Quran Study Circles.. It allowed individuals to deepen their understanding of the Quran, itg teachings, and its relevance to contemporary issues. These circles were opened to people of all ages and backgrounds, fostering an environment of learning and spiritual growth. 4. Islamic Education Classes: Mosque offered educational classes on various aspects of Islam, including the fundamentals of faith (Aqeedah), jurisprudence (Fiqhl, the life of the Prophet Muhammad (Sunnah), and Islamic history. These classes help individuals develop comprehensive understanding of Islam and its principles. 5. Ramadan Programs.. During the holy month of Ramadan, trustees organised programs such as Taraweeh prayers, iftars (the breaking of the fast), and lectures on Islamic topics. Trustees also arranged meals to indivlduals and familles who are fastlng, creatlng a sense of community and 8UPPQrt during th[$ ble93ed month. 6. Celebrating18lamic Festivals.. Mosque organised celebrations and events to commemorate Islamic festivals such as Eid al-Fitr and Eid al-Adha. These gatherings brlng the community together, promote joy and unity, and create an opportunity for Muslims to share the blessings of the occasion with the wider public. The trustees have had regard to the Charity Commission'8 guldance on public benefit In managing the activities of the charity. The maln actlvitles undertaken durlng the year to further the charlty s purpose for the publlc beneflt. The activities undertaken by a mosque was vary based on their specif5c community, resourcas, and the needs of the individuals they serve. The goal is to provide religious services and opportuniti&s for p8rsonal and communal growth while fostering a sense of spirituallty, unlty, and public benefit. The trustees have had regard to the Charity Commission's guldance on public benefit in managing the actlvltles of the charlty. The maln achlevements and performance of the charlty durlng the year. We ara pleased to report that throughout the year the charlty maintalned the runnlng of the mosque and madrassah to achieve its objectives and trustees are satisfied with the overall performance of the charity. The dlfference the charlty s perforniance durlng the year has made to the beneflciaries of the charity. The performance of a mosque throughout the year has made a signlficant difference to its beneficiaries. The mosque's activities, including educational programs, and religious services, have positively impacted the lives of individuals and the broader community. Educational programs and workshops have empowered individuals with knowledge and skills, enabling personal growth and self-improvement. The mosque's religious services, such as congregational prayers, sermons, and Quran study circles, have fostered a sense of spiritual connection and provided guidance for individuals seeking a deeper understanding of their faith. Overall, the mosque's performanc& throughout the year has brought tangible benefits and a sense of community to its beneficiaries, creating a positiv& impact on their lives.
The Liverpool Mosque and Islamlc Instltute Trustees, Annual Report for the year ended 5 Aprll 2024 The degree to which the achievements and performance during the year have benefited wider society. The board of trustees is pleased lo confirm that they are satisfied with the availability and adequacy of the mosque's assets in each fund to fulfill its obligations. Through diligent financial management and responsible stewardship, the mosque has ensured that the funds dedicated to specific purposes are well-mainlained and allocated appropriately. The board has closely monitored the financial health of the mosque, conducling regular assessments and reviews to ensure that Ihe assets allocated lo each fund are sufficient to meet the obligations associated with them. This careful oversight and prudent planning have provided the board with the assurance that the mosque's assets are in place to fulfill ils commitments and serve the community effectively. Structure, governance and management of the charlty The methods used to recrult and appolnt new charity trustees. The existing trustees are responsible for the recruitment and appointment of new trustees. The process conslsts of the Imam announcing to the congregation that the current board of trustees are looking for a new trustee. All inleresled applicants are invited to sand their Cvs highlighting their strengths and how they can make a positive contribution to Ihe charity. Any new trustees must go through one-year probation before they become permanent members. The charlty s financlal posltlon at the end of the year ended 5 April 2024 The financial posltlon of the charity et 5 Aprll 2024 and Comparatives for the prior period, as rnore fully detailed in the accounts, can be summarised as follows'.- 2024 2023 Nèt Incom• 51,744 26,308 Total Fund8 416,737 364,993 Financial review of the position at the reportlng date, 5 Apnl 2024 . Funds available are sufficient to perrnil the charity to continue operating in the medium lo long term. The day-to-day running of the Masjid is supported by voluntary donations. There are no uncertainties about the charity continuing as a going concern. Policies on reserves.
The Llverpool Mosque and Islamlc Institute Trustees, Annual Report for the year ended 5 Aprll 2024 Reserves are vital for ensuring the long-temi financial slability and sustainability of the mosque, enabling it to fulfill ils misslon, support its operations, and provide ongoing services to the community. Reserve Categories.. 1. Operating Reserve.. This reserve is designated to cover short-term cash flow fluctuations, unforeseen expenses, and emergencies that may arise during the mosque's day-to-day operations. It ensures that essential services and programs can be mainlained without interruption. 2. Maintenance and Repairs Reserve.. This reserve is specifically allocated for planned or unexpected maintenance and repair needs of the mosque's physical infrastructure. It ensur8s that necessary repalrs and renovatlons can be carrled oul promptly, preserving the safety, functlonallty, and aesthetics of the mosque premlses. 3. Expansion and Development Reserve.. Thls reserve is eamiarked for future expanslon, development projects, or major capital expenditures. It alms to support the mosque's growth and Strategic inltiatlves, Including the construction or 8CqUlSltion of addltlonal facilltles to accommodate the evolving needs of the community. Communication.. The mosque's reserve policy is communicated to relevant 8takeholders, including the board of trustees, mosque management, and the communlty, to foster transparency, understanding, and confidence in the mosque's financial management practices. Review.. Thls reserve policy Is reviewed periodically, or as necessary, to ensure Its alignment wlth the mosque's evolving financial needs and compliance wlth applicable regulalions and best practlces. Any revlsions or updates to the pollcy shall be approved by the board of trustees. Avallablllty and adequacy of assets of each of the funds The board of trustees Is satisfied that the charlty's assets In each fund are available and adequate to fulfil itg obligations in respect of each fund. Detslls of The Independent Examlner Kamran Mukhliar Membar of ACCA 4a SmSlhdown Road Liverpool Mers8yside L7 4JG Statement of Trustees, Responslbllltles The charity's trustees are responsible for the preparation of the accounts In accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulatlons 2008. Nolwithstanding the explicit requirement in Ihe extant statulory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).
The Llverpool Mosque and Islamlc Institute Trustees. Annual Report for the year ended S Aprll 2024 In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state 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 financial statements the Trustees are required to to pr8pare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). select sultable accounting policies and apply them consistently., make judgements and estimates that are reasonable and prud8nl: prepare the financial statements on the going con¢em basis unless it is inappropriate to presume that the charity will continue in business., stale whether applicable accounting standards and statements of recommended practice have been followed, subject lo any material departures disclosed and explained in the financial statements, The law requires that the trustees must not apprové the accounts unless they ar6 satisfi8d that they give a true and fair view of the state of affairs of the charity and of the surplus or deficil of the charity for the year, The Trustees are also responsible for maintaining adequate accounling records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them lo ensure that the financial stalements comply wilh regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charily and hence for taking reasonable 8teps for the prevention and detection of fraud and other irregularities. The Trustees are also responslble for the eontenls of the Trustees, pOrt, and the slalulory respongibility of the Independent Examiner in relation to the Trustees, report 1$ limited to examining the report and ensuring that , on the face of the report, thew are no material inconsistencies with the figure8 di8cIo8ed in the financial slalemenls. This report was approved by the board of Iruslees on 14 March 2025. Dr SYED AHMED HUSSAIN RAZVI Trustee
The Liverpool Mosque and Islamic Instltute Report of the Independent Examlner to tho Trustees of the charity on the accounts for the year ended 5 April 2024 I report to the Trustees on my examination of the financial statements of the charily on pages 9 to 16 for the year ended 5 April 2024 which have been prepared in accordance with the Charities Act 2011 (the Act) and with thè Financial Reporting Standard 102, (effective 1 st January 20161 adapted lo meet the needs of unincorporated organisations. as modified by FRS 102 SORP {Stalemenl of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable lo all a¢countlng periods beginning on or after 1st January 20191, ffhe SORP), published by the Charity Commission in England & Wales (CCEW) . and under the historical cost convention and the accounling policies set out on page 17. Re8P8¢tlve re8pon81bllltle8 of the Tru8tee8 and tho Independent Examlner and the ba818 of the report As described on page 54, you. the charity's Trustees, are responsible for the preparation of the financial stalement8 in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practic8, applicablè to smaller entities, and for being satisfied that the financlal 5talemenls give a true and fair view. The Trustees consider that the audit requiremenl of Section 144111 of the Charities A¢1 2011 {Ihe Act) does not apply, and th81 there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject lo independent examinatlon. Having satisfied my68lf that the financial statements are not required lo be audited under any legal provision, or otherw18e, and are eligible for independent examinatlon, il is my responsiblllty to'.- al examlne the finan¢lal statemenls of the charity under Section 145 of the Act., b) follow the appllcable procedures in the Direction8 given by the Charity Commis8ion under sectlon 145(51{bl of the Act. Basls of Independent ExamIne9 Statement and 8cope of work undertaken 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 Directions given by the Charity Commission under section 145{5)(b) of the Act S8tling oul the duties of an independent examiner in relation lo the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a Comparison of the financial statements presented wilh Ihose records. It also includes consideration of any unusual items or disclosures in Ihe financial statements, and seeking explanations from you, as Trustees. concerning such matters. The purpose of the examination is to establish as far as possib16 that there have been no breaches of charity legislalSon and Ihat, on a test basis of evidence relevant to the amounts and dlsclosures made, the financial statements comply with the SORP.
The procedures undertaken do not provide all the evidence that would be required In an audit, and information supplied by the Trustees in the course of the examination is not subjected lo audit tests or enquiries and does nol cover all the matters thal an auditor would consider in arriving al an opinion. The planning and conduct of an audit goe5 beyond the limited assuranGe that an independent examination can provide. Consequently, I do not express an audit opinion on the view given by the financial slatemenls. and in particular. l express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below. I plannèd and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report l obtained written assurances from Ihe Trustees of all material matters. Independent Examlnerf8 Statement, Report and Oplnlon Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm thal'.- This 1$ a report in respect of an examinallon carried out under 145 of the Act and in accordancè with Directions given by the Charity Commission under section 1451S>lb) of the A¢1 whlch may be applicablè., and that no material matters have come lo my attentlon In connection with the examlnation giving me ¢ause to believe that in any material respect'.- accounting records were not kept in respect of Ihe chariiy as required by with Section 130 of The Charities Act 2011., the financlal statements do not accord wllh those records., or the financial statements do not comply with the applicable requiremenls concerning the fonn and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 olher than any requirement that the accounts give a 'lrue and faiff view, which is not a matter corssidered as part of an Independent examination., have not been prepared in accordance wilh the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Chariliesl 2015, (as amended by the Bulletin issued in Oclober 2018 and applicable to all 8ccounling perlods beginning on or after 1 st January 2019), (The SORPI. I have no concerns and have come across no other matters in connection with the examination lo which allenlion should be drawn in this report in order lo enable a proper understanding of the financial slalements to be reached. Slgnod. Kamran Mukhtiar- Independent Examiner ACCA Smithdown Road Liverpool Merseyside L7 4JG This report was signed on 12 March 2025
The LIv8rpool Mosque and Islamlc Institute - Statement of Flnanclal Actlvlties for the year ended 5 Aprll 2024 Statement of Financial Activities for the year ended 5 Aprll 2024 SORP Rol Curr•nt y••r Unrgstrlcted Funds Current y••r Ro8trlct•d Fund• Curront y••r Total Fund• Prlor Year Totsl Fund• 2024 2024 2024 2023 Income & Endovm)ents from: Donations & Legacies Charitable aclivilles Property Rental Income Other A1 56,837 715 12,500 86,837 716 12,500 26,881 1,680 13,500 A5 Total Income 70,062 70,052 42,061 Expendlturo on: Char118ble activSlles 82 18,308 18,308 15,753 Total oxp8ndlture 18,308 18,308 15,753 Net Income for the yèar 61,744 51,744 26,308 Net Income after transfor8 A.8-C 51,744 61,744 26,308 Net movèrnent In fund8 61,744 51,744 26,308 Total fund• brought forward 364,993 364,993 338.685 Total fund8 carrled forward 416,737 416,737
The Llverpool Mosque and Islamic Instltute - Statement of Financial Activities for the year ended 5 April 2024 10
The Llverpool Mosque and Islamic Institute - Ststement of Flnanclal Activities for the year ended 5 Aprll 2024
The Liverpool Mosque and Islamic Institute - Statement of Flnanclal Actlvities for the year ended 5 April 2024 12
The Llverpool Mosque and Islamlc Institute - Statement of Flnanclal Actlvities for the year ended 5 April 2024 Movements In revenue and capltal funds for the year ended 5 April 2024 Revenue accumulated fund8 Unreitrlcted R•8trlct•d Tot•1 Fund L•¥t y•ar Total Fund• 2023 Fund• 2024 Funds 2024 2024 Accumulated funds brought forward 364,993 364,993 338,686 Recognisad gains and Ios8e8 before transfers 51.744 51,744 26,308 416,737 416.737 384,993 Clo•lng revenue funds Revenue accumulated funds 416,737 416,737 416,737 416,737 364,993 364.993 13
The Llverpool Mosque and Islamlc Instltute - Statement of Financial Actlvlties for the year ended 5 April 2024 The Llverpool Mosque and Islamic Institute Income and Expenditure Account for the year ended S April 2024 2024 2023 Incom• Income from operation8 57,552 28,561 Investment incom8 Property rental income Other operating income 12,500 13.500 Gro88 Incom• In the yoar befor• exceptlonal Itern8 70,062 42,061 Gros8 Income In th• year Includlng oxceptlonll Item• 70.062 42,061 Exp•ndlturn Charltable expenditure, excluding depreciation and amortisation Depreeialion and amortisalion Realised losses on disposals of 80cial inveslrnents which are programme related Total expendlture In the year 17,668 15,153 18,308 16,763 Net Ineome before tax In tho flnanclal year 61,744 26,308 Tax on surplus on ordinary 8Ctivitie8 N•t Income after tax In the flnanclal year 61,744 26,308 Retalned surplus for the flnanclal year 28,308 All activities derive from continulng operations 14
The Llverpool Mosque and Islamlc Institute - Balance Sheet as at 5 Aprll 2024 2024 2023 Flxed assets Tangible assets 203,691 203.691 Current assets Debtors Cash at bank and in hand 213,586 162,502 Totsl current assets 213,586 162.502 Credltor•: amounts falllng due wlthln one yoar (540) (1,200) Nèt current a88et8 213,046 161,302 The total net assets of the charlty 416,737 364,993 The totsl net a•8ets of the ¢harlty are funded by the fund8 of the charlty, a8 follow8:. R08trlcted funds Unre8trlctod Fund8 Unre8lricted Revenue Fund8 416,737 364,993 418,737 364,993 D081gnated Fund8 Total charlty funds 416,737 364,993 The'SORP Ref indlcated above is the cla88iflcation of Balance Sheet Items as set out In the fomial SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forrtard funds above have been agreed to the SOFA.. Th& Trustees acknowledge their r88ponsibllilies for complying with the requlrements of charity legislation wlth respect to accounting records and the preparation of accounts. The charity is subject lo Independent Examlnallon under charity legi$lalion, and the report of the Independent Examinèr is on page 7 & 8. The Trustees arè satisfied that, although the charity is not registered under the Compani8s Acts. if it were $0 registered, it would be eligible to prepare accounts in accordance with the provislons In Part 15 of the Companies Act 2006. applicable lo companies subject to the small companies regime.
The Liverpool Mosque and Islamic Instltute - Balance Sheet as at 5 April 2024 Dr SYED AHMED HUSSAIN RAZVI Trustee Approved by the board of trustees on 14 March 2025 16
The Llverpool Mosque and Islamlc Instltute Notes to the Accounts for the year ended S Aprll 2024 1 Accountlng pollcles Pollcles relatlng to the productlon of the accounts. Bi81s of preparatlon and a¢countlng conventlon The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Finan¢ial Reporting Standard 102, (effective 1 sl January 20161 and 'FRS 102 SORP (Statement of Recommended Pradi¢e for Accounting and Reporting by Charities) 2015,188 amended by the Bulletin Issued In October 2018 and applicable lo all accounting periods beginning on or 8fter 1st January 20191, (The SORPI, published by the Charity Commission in England & Wales ICCEWI , effective January 2016, and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the flnancial statements in accordance wlth the FRS 102 SORP {Slalemenl of Recommended Practice for A¢¢ounling and Reporting by Chariliesl 2015, {as amended by the Bulletin issued in October 2018 and applicable lo all accounting periods beginning on or after 18t January 20191, (The SORPI. in preference to the previous SORP, tha SORP 2005, which has been wllhdrawn, nOlth$tendIng the fact that Ihe extant slatutory regulations, the Chariti88 (Accounts and R&portsl Regulations 2008 refer explicitly to thé SORP 2005. This has been done lo accord with current best practice. Golng Concern The charitable activities are entirely dapènd8nl on continuing grant aid and voluntary donations as well a8 trading revenues, As a consequen¢e, the going concern basis is dependent on the future flow of these uncertaln funding Btreams. Accordingly, the Trustee5 have obtained forecasts and, after reviewing the financial forecasts for futuré period8 10 05 April 2025, the Trustees are satisfied that, al the lime of approving the financial 3tatements, it is appropriate lo adopt the going ¢on¢ern ba818 in preparing the financial Slalemont8. Other than these mallers, the Trustee8 are not aware of any malerlal uncertalnlt88 about the charlty'8 ablllty to continue as a going conc&rn. Rl•k8 and futurn a88umptlon• The mosque18 8 publlc benefit entity, EnoMiC downturns or un8xpe¢ted flnanclal challenges may impact the donations r8C8ived by th8 mosque. Thls can lead lo difficulties in fijnding proja¢tg and delivering the intended Services to the community. The mosque assumes that technological advancements will continue lo improve its operatlons, fundraising capabilities, and communication with donors and beneficlaries. It anliclpale8 leveraging OlIa1 platform8 and 10018 to enhance elfi¢ien¢y and reach a wider audience. Tanglble flxed assets Tangible fixed assets are measured at their original cost value, or 8ub8equenl ffjvalualion. or if donated, a$ d&scribed above. Co81 value Includes all costs expended In bringing the asset into ils intended working condition. Depreciation has been provided al the following r8tes in order to write off the assets to their anticipated residual value over their eslimaled useful lives. Freehold premises Equipment8 O /0 on Cost 20 % on Cost A regular annual review of the likelihood of asset impairment is undertaken. 17
The Liverpool Mosque and Islamic Institute Notes to the Accounts for the year ended 5 Aprll 2024 No depreciation is provided on fr8ehold property and improvements because il is the practice to maintain the propety in 8 continual stale of sound repair. Accordingly, the life is so long and the residual value so high that the TNstees consider that depreciation calculated in accordance with accepted accounting standards would be immaterial. Fund Accountlng Unrestrfcted funds are available for u8e al the di8crelion of the trustee8 in furtherance of the general oble¢tives of the charity. There are no designated funds a unre8tri¢ted funds eamiarked by thè Trustees for particular purpos&8. Therè are no restricted funds are subj&cled lo reslriclions on their expenditure imposed by the donor or through the term8 of an appeal or as implied by law. There are no endowment funds. 2 Llablllty to tsxatlon The Trustees consider that the charity satisfies the le$ls set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation lax purposes. Accordingly, the Charity is potentially exempl from laxalion in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the exlenl that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is nol recoverable by th8 charity, and is therefore included in thè relevant costs in th8 Slalemenl of Financial Aclivitl88, 3 Wlndlng up or dlssolutlon of the charlty If upon winding up or dissolution of thè charity Ihore remain any assets, after the Satisfaction of all debts and liabilities, th8 assets represented by the accumulated fund shall be tranSferd to some other charitable body or bodies having 81milar objects lo the charity. 4 Slgnlflcanee of flnanclal Instruments to the ¢harlty'8 posltlon There a no 81gnificant implicatlons of such maller8. S Net surplus before tax In th8 flnanclal year 2024 2023 The nel surplus before lax in thè financial year is slated after charging'.- Pension costs 6 Staff costs and emoluments Salary costs 2024 2023 Gros$ Salaries excluding trustees and key management personnel Employeff s National Insurance for all staff Employerfs operating Go818 of defined contribution pension schemes 3,750 962 3,350 18
The Llverpool Mosque and Islamic Institute Notes to the Accounts for the year ended 5 Aprll 2024 Total sglarle8, wages and relatèd costs 4,712 3,350 The average number of part time staff employed in the year wa5 The average number of full time staff employed in th& year was The eslim8ted full timè equivalent number of all Staff employed in the year was The 0stlmated equlvalent number offull flme staff deployed In dlffornnt actlvltles In the year w8s.'. Engaged on charitable activitie8 Engaged on publicity activities Engaged on fundraising activities Engaged on management and admlnislrallon The estlmated full tlme equlvalont number of all staff employed as above Neither the trustees nor any person8 conneclgd with them hav• received any remuneration from the charity or any related èntity, either Sn the currenl or prior year. No employee8 received emoluments (excluding pension co$lsl in exce88 of £60,000 per 8nnum. Any liabilites and a83els associated with the schème are shown under debtors and creditors. 7 Deflned beneflt penslon scheme The ch8rity no longer operates a deflnad benefit penslon 8cheme as there Is no longer a payroll Selup. 8 Rgmuneratlon and payments to Trusteeg and persons connected wlth them No Iruslee8 or pérsons connected with them received 8ny remuneration from the charity, or any related entity. 9 Tanglble flxed assets Current Year Land and 8ulldlngi Plant & Ma¢hlnèry Motor Vehlclos Total Cost At 8 April 2023 203,691 203,691 At 5 Aprll 2024 203,691 203.891 19
The Liverpool Mosque and Islamic Institute Notes to the Accounts for the year ended 5 April 2024 Deprgclatlon Al 6 April 2023 Charge for the year At 5 Aprll 2024 Net book valu• At 6 Aprll 2024 203,691 203,691 At 6 Aprll 2023 203,691 203,691 All assets a used for direct charitable purpos&$. 10 Debtors 2024 2023 Trade debtors 11 Credltor8: amounts falllng due wlthln onè year 2024 2023 Trade creditors 540 1,200 12 Incom8 and Expendltura account summary 2024 2023 At 6 Aprll 2023 Surplu3 after lax for the year 364,993 51,744 338,685 26,308 At 6 Aprll 2024 416 737 364,993 13 No related party transactlons 14 Partlculars of how partl¢ular funds are represented by assets and Ilabllltles At S Aprll 2024 Unrè•trlct•d D•8lgnat•d funds fund• R•Jtrlct•d Total fundi Fund• Tangible Fixed Assets Current Assets Current Liabilities 203,691 213,586 15401 416,737 203.691 213,586 16401 416,737 At 8 Aprll 2023 Unrestrlcted DfrJlgn•t•d fund• fund• Re•trScted fund• Totsl Fund• Tangible Fixed Assets 203,691 203,691 20
The Llverpool Mosque and Islamlc Institute Notes to the Accounts for the year ended 5 Aprll 2024 Current A55ets 162.502 Current Liabillties {1,2001 162.602 11,200} 364,993 364,993 15 Change In totsl funds over the year as shown In Note 14 , analysed by Indlvldual fund8 Fundi brought I011d from 2023 Movom•nt In funds In 2024 Tran8f•r• Fund• bfrtsvoon corrlod funds In 2024 forward to 2026 S•• Not• 18 8•• Not• O Unrestrl¢ted and deslgnated funds... Unrestricted Revenue Funds 364.993 51.744 416,737 Total unre•trlcted and d•8lgnatsd fund• 364,993 51,7M 416,737 Totsl charlty fund• 364,993 61,744 416,737 16 Analysls of movement8 In funds over the year as shown In Note 15 Olhor In¢om• Exp•ndltur• Galn• & Lo8808 2024 Movfrm•nt In fund• 2024 2024 2024 Unr•$trl¢tsd and deslgn4t8d funds... UnreslriGled Revenue Funds 70.052 118,3081 61,744 18,308 61,744 17 The purposes for whlch tha funds as Unrestrlctsd and deslgnated funds... These funds are held for the meeting the objectives of the charity, and lo provide reserves for future aclivilies, and , subject to charity legislation, are free from all restrictions on their use. Unrestricted Revenuè Funds 21
Th• Livorpool Mosque and Islamlc Instltute D•tallod analy•ls of Income and expondlturfy) for thg y•ar ond•d S Aprll 2024 as rUIr0d by tho SORP 2016 18 Donatlons, Grants and Logacleg ¢ufr•nt y•ar ilnr••trtci•d Fund• Curr•ni y•1¥ R•vtrfc¢•d Fund• Curront y••r Total Fundl Prfor Y•ar Totthl Fund• 2024 2024 2024 2023 Totsl donatlon• Ind o1ft8 from Indlvldu•l• 66,837 66,837 28,881 Totsl Donatlonl, Grants and Logacl08 Total Don•tlon8, Grants and L•ua¢l•8 08,837 SO.837 20,881 19 Incom• from ¢harltbl• a¢tlvltle•- Tradlng Actlvltl•o Currentyear Cuff•nt y••r Urbr••trlcwd Fund• 2024 GurT•nl y•ai R••trf¢¢•d Fund• 2021 Ctsrr•nt y•Ar Tol•l FundB Prlor Y•4r Tot fund• 2024 2D23 Pilmiry purpo•• ind anelllary trldlng SaKry of gcods end 8éNIcé8 in 0¢ranCe with th• ¢hartty's obj•¢i8 715 716 1.e60 Totil Prfmary purpo1• and Inclllry tr4dlng 716 715 1,680 20 Totsl In¢om• Irom ¢hrttsbl• •Gtlvltl•• Curr•nt y••r Unr••trt¢l•d Fundi Currnnt y••r R••trl¢i•d Fundl Curr•nl y•4r Total Fund• Prlor Y••r Curr•nty••r Tot•1 Fund• 2024 2024 2024 2023 Tot•1 InMm• from ¢h•ritsbl• tradino 715 716 1,880 Tot1 Irom ¢hrftsbl• •¢tlvltl•s 716 716 21 Oth•r In¢•m• ond g•ln• CwT•nt y••r Curr•nl y•4r R•itrlcl•d Fund4 Curr•nt y•r Toi•l Fund• Prlor Ymr TotAI Fund• Currnnt y••r Funds 2024 2024 2024 Z023 P•n$hx r•fund Total other In¢om• 22 Expendlturo on charltabl• actlvltl•8 - Dlr•cl spfyndlng Cuvr•nt year UnNitrf¢t•d Fund• Curr•nt y•ar R••trfcl•d Fund Curr•nty•w Prfrjr Y••r Total Fut)d• Total Fund Currgnt Y 2024 2024 2024 2023 Gross wages 8nd salaries- charitable activities Employers. Nl - Chadlablg a¢livltios 3,750 3.760 3,360 982 22
Thfr Llverpool Mosque and 181•mlc Instituts Dètallod analys18 of Incom• and •xp•ndltur• for tho year •ndod S Aprll 2024 as r•qulrgd by th? SORP 2016 Totsl dlroct jndIng 4,712 4.712 3,J60 23 Support Go8ts lor ¢harltabl• actlvltl ¢urnnt y••r VnM•tk1ct• Fund¥ Cuvr•nt y•ir PrforY••r Total Fund• Tot•1 FundB R••trf¢¢•d Fund Curr•nt Y•4r 2024 2024 2024 ioij Employ•• ¢o¥tJ not Included In dlr•et ¢o$ts Deflned ¢onlribullon penslon COBIB - recharged employeefy Donallons Prnmls•¥ Exp•ns R8les and water charges Light heal and power Property In8uranc& 1,387 1,367 3,742 1,101 8,806 1,264 1,108 6,767 8,859 1,284 Admlnl¥tr•tlv• overhMd¥ Expenses and malnlenancg Councll tax Pmf•¥Jlon•l l•• pald to advlsorn oth•r thn the auditor or •x•mln•r Accountancy f&0$ other than examlnallon or audll leeB Legal and profe8Blonal 8par•11 Fln•n¢lal ¢08ts Depraciallon & Amort16allon In 8upport co•ts b•for• r••llo¢•tlon 12,960 12,906 11,8QJ Tol•l •upport ¢o•t•. Curr•nt Y•r 12,966 12,966 11,803 The bail• ol alloc•tlon ol t1 b•tsY•8n ac¥11181 l• d••¢rSW und•r a¢¢ounllno Oidei Ai tho •xpendltur• In th• prlor y••rwai unréitrlctsd. 24 Totsl Ch•rltsbl• •xp?ndltur• ¢urr•nt y•4r Unr•itrtctfrd Fynd• 2024 Curr•ni y•Ar R•ilrlct•d Furtd 2024 cuOnt y•ar Yotsl Fvnd• PrforV•ir Tot•1 Fund• Curr•nt Ymr ao24 102$ Total dI¢t $pendlng Totsl 8UPPOrt CO818 4,712 12.958 4.712 12,966 3.380 11,803 Totsl ch•rltabl• •xp8ndltur• AM th• •xp8ndltur• In Ihe prtor y••r wa• Unrteted. Prfjor Y•4r Unrn•knlet•d Fundi prtor Y•ar Total Fund• R••trl¢i•d FundB Prlor Year 2023 2023 102J Total dlrecl 8pendlng Total 8UPPOrt cosls 3,350 11,003 3,350 11,803 Totll ¢h*rltable expondS¢ur• 23