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2024-04-05-accounts

File No: M-26

Financial Accounts in respect of

Madina Mosque & Islamic Centre

21-23 Victoria Street Darwen BB3 3HB

For the year ended 5 April 2024

63 Johnston Street | Blackburn | BB2 1HD | Tel: 01254 55897 | Email: info@ahmedalamaccountants.com Member of the Institute of Financial Accountants | Membership No. 252689

Madina Mosque & Islamic Centre

21-23 Victoria Street Darwen BB3 3HB

For the year ended 5 April 2024

Trustees: Mohammed Sharif Bankers: Lloyds TSB
Mukhtar Ahmed Zafar Church Street
Tariq Aziz Blackburn
Sort code: 30-90-87
Ac number: 603650
Treasurer: Aasim Khan

Report of the Accountants:

We have prepared the annexed accounts, without carrying out an audit, from the books, vouchers, information and explanations provided by the client.

Client declaration:

I hereby agree the financial accounts set out hereto and confirm that I have made available to Ahmed Alam Accountants all books, vouchers and accounting records and supplied all information and explanations necessary for the preparation of these accounts.

Signed: Date: / / 2024 Name: Aasim Khan

AHMED ALAM ALLOUNT ANTS

Madina Mosque & Islamic Centre

Balance Sheet as at 5 April 2024

Note
FIXED ASSETS
5
CURRENT ASSETS
Debtors
Cash at bank
Cash in hand
CREDITORS
- amounts falling due within one year
NET CURRENT ASSETS ( LIABILITIES )
TOTAL ASSETS less CURRENT LIABILITIES
CREDITORS
- amounts falling due after more than one year
Represented by :
CAPITAL EMPLOYED
4
£
3305
16648
143
20096
662
£
£355933
19434
375367
120000
£255367
£255367

Madina Mosque & Islamic Centre

Income & Expenditure Account

For the year ended 5 April 2024

£
Sadaqah & Lillah
Membership Fees
Madrasah Fees
Jumma Collections
Renovations Donations
Gift Aid
Total Income
£
11934
16915
21618
24214
111940
16852
203473

Less: Expenses

Wages & PAYE
Casual Wages
Rents, Rates & water
Light & heat
Insurance
Leagal & Professional Fees
Repairs & renewals
Printing, postage, stationery & advertising
Bank Charges
Cleaning
Accountancy
Sunderies
Depreciation
51992
1456
1473
5629
532
3547
236251
1985
205
560
300
1235
248
305413
£(101940)

Madina Mosque & Islamic Centre

Notes to the Accounts

For the year ended 5 April 2024

ACCOUNTING POLICIES

1. BASIS OF ACCOUNTING

These accounts have been prepared in accordance with the historical cost convention.

2. STOCKS

Stocks are valued by the trustees at the lower of cost or net realisable value.

3. DEPRECIATION

Fixtures and Fittings - 15% on reducing balance

Expenditure under £50 is written off in the year of purchase

4.
5.
CAPITAL EMPLOYED
Capital Account
Accumulated Funds ( b/fwd )
Excess Income over Expenditure
FIXED ASSETS
Cost: at 06/04/23
Additions
Depreciation
To 05/04/23
For the period
Book value at 2024
Book value at 2023
Furniture
Fixtures
& Fittings
£
9954
8301
248
8549
£1405
£1653
Freehold
Property
£
354528
0
354528
£354528
£354528
£
357307
(101940)
£
357307
(101940)
255367
Total
£
364482
0
364482
8301
248
Total
8549
£355933
£356181

Madina Mosque & Islamic Centre T/a 21-23 Victoria Street Darwen BB3 3HB

Our ref:

Date:

Our charges for professional services rendered re:

Preparation of accounts for the year ended 5 April 2024 together with submission to the Charity Commission.

Amount now payable

Ahmed Alam Accou Bank: Sort Code: A/C No: Your Ref:

Tel: 01254 55897 | Email: info@ahmedalamaccountants.com | Web: www.ahmedalamaccoun Registered Address: 63 Johnston Street | Blackburn | Lancashire | BB2 1HD Ahmed alam Accountants Limited is registered in England and Wales. Company number 07171612 Regulated by the Institute of Financial Accountants under license number 252689

Proforma M-26 31/10/2024 £300.00

Add: Outstanding B/Fwd Less: Payments made

£300.00

untants NATWEST 01-00-04 14464314 M-26

ntants.com