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← Whitley Bay Islamic Cultural Centre

2025-03-31-accounts

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR

WHITLEY BAY ISLAMIC CULTURAL CENTRE

WHITLEY BAY ISLAMIC CULTURAL CENTRE

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9 to 10
Notes to the Financial Statements 11 to 20
Detailed Statement of Financial Activities 21 to 22

WHITLEY BAY ISLAMIC CULTURAL CENTRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The objectives of Whitley Bay Islamic Cultural Centre are to:-

  1. To provide the benefit of the community in North Tyneside without distinction of age, sex, political or other options by associating the Muslim people, the Local Authority and voluntary organisations in a common effort to advance education and provide facilities in the interests of social welfare for recreation and leisure time occupation with the object of improving the conditions of life of the said people;

  2. To promote diversity, integration, and building relations with all communities through the establishment of the centre as an inclusive safe place for all;

  3. To educate, inform, understand and elucidate the teachings of Islam as a religion and all its principles in the North Tyneside area for the benefit of the public; through after school education of children, adult classes, public lectures and discussions with the aim to bring unity amongst people;

  4. To help and support ethnic minorities within the North Tyneside community; providing them a place to raise concerns, seek advice and speak freely of any difficulty they face.

In pursuance of these objectives the Charity hosts a range of services and activities for the benefit of the public.

Page 1

WHITLEY BAY ISLAMIC CULTURAL CENTRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

ACHIEVEMENTS AND PERFORMANCE Charitable activities

Youth Activities

Like last year, this year we increased our focus to the youth, to provide activities in a safe environment for them to engage and indulge with, with the hopes that in future they will see the benefits of volunteering and charity work. We also hope this will help build a connection between the Charity and the future generation.

Prayer Facilities and Teaching

The Mosque is open to the public every day from 10am until 8/9pm, and during the month of Ramadan it is often open nearly 24 hours a day to accommodate the significant increase in activity. Our weekly footfall is now around 500 people, with Friday prayers regularly attracting close to 300 attendees. The Friday sermon is delivered in English and recorded for sharing on the Charity's social media platforms.

The Charity also provides part-time education for children and young people under 18 through its after-school Academy, which currently has 70 students enrolled.

Health & Wellbeing

The Charity continues to lead a range of initiatives promoting a healthy lifestyle within the community. Our partnership with North Tyneside Council and Active North Tyneside's Body Benefits programme remains strong, with regular attendance from 10-20 women. The programme offers a weekly health discussion followed by an exercise session that includes activities such as HIIT and boxercise.

In 2024, our commitment to women's health is stronger than ever. We now run weekly women's HIIT classes, bi-weekly women's swimming sessions, and maintain regular access to our community gym. These ongoing initiatives provide consistent opportunities for women to stay active, build confidence, and improve their overall well-being.

Women Swimming

In partnership with North Tyneside Council, we continue to provide free bi-weekly women-only swimming sessions. The programme has grown steadily, with consistently strong attendance and positive feedback from participants.

As of 2024, the sessions remain active and well supported, with over 40 women from BAME backgrounds attending regularly. We are committed to continuing this initiative through the coming year and exploring further opportunities to expand its impact.

Community Gym

In June 2023, we proudly opened our community gym, and in 2024 the facility continues to go from strength to strength. Membership remains strong, with many younger women now taking part, encouraged by the dedicated women-only times available every day. The gym has become an important source of revenue for the centre while also supporting the health and well-being of our community.

We are now looking to upgrade and enhance the gym facilities for women, including improved changing areas, showers, and accessible disabled toilets, to ensure the space is welcoming and fully inclusive. Our previous open day, delivered in partnership with local health organisations, set a positive foundation for this ongoing work by promoting health, sharing our activities, and discussing our future vision-engagement that was warmly received by the community.

Page 2

WHITLEY BAY ISLAMIC CULTURAL CENTRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Toy Library

As part of the Academy the students have access to a weekly Toy Library where students can spend an hour having self-expression time with access to exciting toys and games..

ACTIVITIES

The Charity continued to host Open Days for local schools and organisations to help educate about Islam and the activities that we hold within the Islamic Centre. The Charity takes pride in having the facilities to accommodate large groups of students and provide education to the wider community.

We restarted several classes for both Adults and Young Adults throughout the year. These classes ranged from Islamic education, health education, academic support and general support sessions on mental health and wellbeing.

We offer a wide range of services for both Muslim and non-Muslim, often in partnership with other organisations. The Charity places great emphasis on establish good relationships with others in the wider community so that we can come together for the common good and help create a brighter future for our next generation.

Fundraising activities

In the years since the Charity began it has managed to raise over £718,343, from voluntary contributions and donations. This has allowed the charity to continue to carry out its activities.

In order to achieve its objectives the Charity needs to continue to acquire funds in the form of donations and voluntary contributions.

The charity has raised funds to acquire the freehold of the land from North Tyneside Council.

FINANCIAL REVIEW

Reserves policy

The directors have explored the charity's requirements for reserves in light of the main risks to the organisation. The aim is to build up unrestricted funds representing at least six months of the charity's normal expenditure (approx. £36,853). The reserves are needed to meet the working capital requirements of the charity in order to maintain the charity's current activities. The present level of unrestricted reserves available to the charity is £320,689 which represents the property value of £266,271 offset by interest free loans from the late Mr Abdul Hannan and his family of £142,437 therefore giving property reserves of £123,834. This leaves the charity with unrestricted reserves of £196,855 at the year end. The directors are also aware that the new building increases the level of normal expenditure and these increased costs will have to be met from the generation of funds from the community.

Transactions and financial position

The total incoming resources in the year were £118,214 of which £96,464 were unrestricted. The Statement of Financial Activities shows an unrestricted surplus for the year of £38,318.

As noted above, total unrestricted reserves at 31 March 2025 amounted to £320,689. These reserves are invested in the property value £266,271 after deduction of loans of £142,437 giving a net figure of £123,834, the property requires substantial renovation so a designated amount of £30,000 has been set aside for the ongoing repairs and maintenance together with the overheads reserve of £36,853 leaves the charity with free reserves of £130,002 at the Balance Sheet date.

Page 3

WHITLEY BAY ISLAMIC CULTURAL CENTRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

PLANS FOR THE FUTURE

Governance and administration

  1. Continue to review policies and procedures to deliver a stronger governance structure.

  2. Establish a robust induction process and create an annual training programme for trustees

  3. Plan for succession of trustees and members, build capacity and improve processes to increase diversity, ensure a broad range of skills, and improve compliance.

Fundraising and income generation

  1. Build sustainable income for the Charity, to be less reliant upon public donations for day-to-day running of the Charity.

  2. Improve use of internet and social media streams through digital fundraising.

Projects and services

  1. Establish process for staff annual training and policies.

  2. Carry out review of the Charity's Islamic Academy.

  3. Provide health and wellbeing services for the public including the Gym.

  4. Build relationships between young people and the Charity.

  5. Find ways to offer social and recreational opportunities for young people.

  6. Enhance support for new Muslims.

  7. Find ways to provide services for the elderly.

Developing relationships

  1. Find ways to work with wider society.

  2. Provide courses and seminars that give a balanced and contextual understanding of Islam.

Assets and premises

  1. Continue refurbishment of the premises to enhance the appeal.

  2. Start hall renovations to allow public use for hire.

The Charity is working towards developing further activities which benefit both the Muslim community and the wider community - creating a truly integrated and vibrant centre for the neighbourhood.

It's hoped that this will allow the charity to arrange and extend its activities within the community to bring people together and to provide a place where people can meet and for residents to use.

Community consultation has shown specific needs and priorities for the local area and identified potential partners who we can work with to address these needs.

The charity also intends to continue its youth programmes including IT support for children and ESOL classes, and it will work with other partners to bring more activities to the centre and the neighbourhood, especially arts and sports, which are a high priority for local people. The charity also has excellent relationships with local schools and is becoming involved with them through helping with religious and cultural awareness and citizenship classes.

A further need identified was the provision of easily accessible childcare for young children and the charity is looking to convert part of the premises into a crèche to facilitate this.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Whitley Bay Islamic Cultural Centre was incorporated on 9 September 1998 as a company limited by guarantee governed by a Memorandum and Articles of Association and a registered Charity from 16 April 1999.

Page 4

WHITLEY BAY ISLAMIC CULTURAL CENTRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees

All Directors of the company are also Trustees of the Charity, and there are no other Trustees. The Trustees named have all served throughout the period. The Board has the power to appoint additional Trustees as it considers fit to do so. The Charity is organised so that the Trustees meet regularly to manage its affairs. The secretary deals with any administration duties to be performed.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

03629093 (England and Wales)

Registered Charity number 1075136

Registered office

Rink Way Hillheads Road Whitley Bay Tyne and Wear NE25 8HR

Trustees

M U Hannan S Uddin M Ali M A Hannan S Hussain T A Hannan

Company Secretary

M U Hannan

Independent Examiner

BK Plus Limited Chartered Certified Accountants 13 Windsor Terrace Jesmond Newcastle upon Tyne NE2 4HE

Bankers

Barclays Bank Plc 3 Northumberland Square North Shields Tyne and Wear NE30 1QX

Staff

A R Al Amin

Page 5

WHITLEY BAY ISLAMIC CULTURAL CENTRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 9 December 2025 and signed on its behalf by:

..............................................................................

M U Hannan - Trustee

Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WHITLEY BAY ISLAMIC CULTURAL CENTRE

Independent examiner's report to the trustees of Whitley Bay Islamic Cultural Centre ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Nicholas Liley FCA

The Institute of Chartered Accountants in England and Wales

BK Plus Limited Newcastle upon Tyne

Date: 10 December 2025

Page 7

WHITLEY BAY ISLAMIC CULTURAL CENTRE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
3
Grant income
Other income
Total
EXPENDITURE ON
Charitable activities
4
Staff and support costs
Activities expenses and equipment
Premises and overhead costs
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
69,799
990
25,675
96,464
11,270
13,712
33,164
58,146
38,318
282,371
320,689		 Restricted
funds
£
-
21,750
-
21,750
-
15,510
50
15,560
6,190
7,650
13,840		 2025
Total
funds
£
69,799
22,740
25,675
118,214
11,270
29,222
33,214
73,706
44,508
290,021
334,529		 2024
Total
funds
£
63,431
5,821
36,021
105,273
13,908
9,652
36,498
60,058
45,215
244,806
290,021

The notes form part of these financial statements

Page 8

WHITLEY BAY ISLAMIC CULTURAL CENTRE

BALANCE SHEET 31 MARCH 2025

Notes
FIXED ASSETS
Tangible assets
11
CURRENT ASSETS
Debtors
12
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
13
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2025
£
270,221
8,723
200,666
209,389
(145,081)
64,308
334,529
334,529
320,689
13,840
334,529		 2024
£
274,679
1,280
159,208
160,488
(145,146)
15,342
290,021
290,021
282,371
7,650
290,021

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 9

WHITLEY BAY ISLAMIC CULTURAL CENTRE

BALANCE SHEET - continued 31 MARCH 2025

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 9 December 2025 and were signed on its behalf by:

............................................. M U Hannan - Trustee

............................................. S Uddin - Trustee

The notes form part of these financial statements

Page 10

WHITLEY BAY ISLAMIC CULTURAL CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The presentation currency of the financial statements is the Pound Sterling (£).

Going Concern

The financial statements are prepared on the going concern basis. In the opinion of trustees, no material uncertainties exist about the charity's ability to continue.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - in accordance with the property
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Freehold properties are maintained to a high standard to ensure that their value does not diminish further over time. The maintenance costs are charged to the profit and loss account in the year incurred. In the directors' opinion, depreciation would be immaterial and has therefore not been charged. In arriving at this opinion, an annual impairment review is undertaken.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

continued...

Page 11

WHITLEY BAY ISLAMIC CULTURAL CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. DONATIONS AND LEGACIES

Donations
Donated services and facilities
3.
INCOME FROM CHARITABLE ACTIVITIES
Activity
North Tyneside Council
Grant income
Voda
Grant income
Sport England
Grant income
Social Investment
Business
Grant income		 2025
£
68,659
1,140
69,799
2025
£
990
-
9,750
12,000
22,740		 2024
£
63,431
-
63,431
2024
£
3,315
2,506
-
-
5,821

4.

CHARITABLE ACTIVITIES COSTS

Staff and support costs
Activities expenses and equipment
Premises and overhead costs		 Direct
Costs (see
note 5)
£
11,270
29,222
-
40,492		 Support
costs (see
note 6)
£
-
-
33,214
33,214		 Totals
£
11,270
29,222
33,214
73,706

continued...

Page 12

WHITLEY BAY ISLAMIC CULTURAL CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

5.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Activity expenses
Professional fees
Travel expenses
6.
SUPPORT COSTS
Premises and overhead costs
Support costs, included in the above, are as follows:
Insurance
Light and heat
Telephone, printing & postage
Postage and stationery
Repairs and maintenance
Professional fees
Computer consumables
Bank charges
Cleaning and sundries
Donations
Depreciation of tangible and heritage
assets
Accountancy charges		 2025
£
11,270
18,579
10,338
305
40,492
Governance
Overheads
costs
£
£
32,152
1,062
2025
Premises
and
overhead
costs
£
1,288
7,374
500
524
17,297
34
115
464
98
-
4,458
1,062
33,214		 2024
£
13,908
9,494
-
158
23,560
Totals
£
33,214
2024
Total
activities
£
1,200
8,360
907
939
15,896
234
114
230
1,492
1,620
4,456
1,050
36,498

continued...

Page 13

WHITLEY BAY ISLAMIC CULTURAL CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

7. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Accountancy charges
Depreciation - owned assets		 2025
£
1,062
4,458		 2024
£
1,050
4,456

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

9. STAFF COSTS

STAFF COSTS
Wages and salaries 2025
£
11,270
11,270		 2024
£
13,908
13,908

The average monthly number of employees during the year was as follows:

Teaching work 2025
1		 2024
2

No employees received emoluments in excess of £60,000.

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Grant income
Other income
Total		 Unrestricted
fund
£
63,431
5,821
36,021
105,273		 Restricted
funds
£
-
-
-
-		 Total
funds
£
63,431
5,821
36,021
105,273

EXPENDITURE ON

continued...

Page 14

WHITLEY BAY ISLAMIC CULTURAL CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

10. COMPARATIVES FOR THE STATEMENT OF COMPARATIVES FOR THE STATEMENT OF COMPARATIVES FOR THE STATEMENT OF COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued FINANCIAL ACTIVITIES - continued FINANCIAL ACTIVITIES - continued FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund funds funds
£ £ £
Charitable activities
Staff and support costs 13,908 - 13,908
Activities expenses and equipment 6,944 2,708 9,652
Premises and overhead costs 34,498 2,000 36,498
Total 55,350 4,708 60,058
NET INCOME/(EXPENDITURE) 49,923 (4,708) 45,215
Transfers between funds 87 (87) -
Net movement in funds 50,010 (4,795) 45,215
RECONCILIATION OF FUNDS
Total funds brought forward 232,361 12,445 244,806
TOTAL FUNDS CARRIED FORWARD 282,371 7,650 290,021
11. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and Computer
property property fittings equipment Totals
£ £ £ £ £
COST
At 1 April 2024 and
31 March 2025 266,271 18,863 25,045 7,940 318,119
DEPRECIATION
At 1 April 2024 - 18,863 17,146 7,431 43,440
Charge for year - - 3,949 509 4,458
At 31 March 2025 - 18,863 21,095 7,940 47,898
NET BOOK VALUE
At 31 March 2025 266,271 - 3,950 - 270,221
At 31 March 2024 266,271 - 7,899 509 274,679

continued...

Page 15

WHITLEY BAY ISLAMIC CULTURAL CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other loans (see note 14)
Other creditors
Accrued expenses
14.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Other loans
15.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Restricted
fund
funds
£
£
Fixed assets
270,221
-
Current assets
195,549
13,840
Current liabilities
(145,081)
-
320,689
13,840		 2025
£
499
8,224
8,723
2025
£
142,437
22
2,622
145,081
2025
£
142,437
2025
Total
funds
£
270,221
209,389
(145,081)
334,529		 2024
£
-
1,280
1,280
2024
£
142,437
-
2,709
145,146
2024
£
142,437
2024
Total
funds
£
274,679
160,488
(145,146)
290,021

continued...

Page 16

WHITLEY BAY ISLAMIC CULTURAL CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. MOVEMENT IN FUNDS

At 1/4/24
£
Unrestricted funds
General fund
282,371
Restricted funds
Sport England-Rise North East-Gym
and Health and Fitness Activities
7,650
Social Investment Business
-
7,650
TOTAL FUNDS
290,021
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
96,464
Restricted funds
Sport England-Rise North East-Gym
and Health and Fitness Activities
9,750
Social Investment Business
12,000
21,750
TOTAL FUNDS
118,214		 Net
movement
in funds
£
38,318
4,190
2,000
6,190
44,508
Resources
expended
£
(58,146)
(5,560)
(10,000)
(15,560)
(73,706)		 At
31/3/25
£
320,689
11,840
2,000
13,840
334,529
Movement
in funds
£
38,318
4,190
2,000
6,190
44,508

continued...

Page 17

WHITLEY BAY ISLAMIC CULTURAL CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Voda-Gym and Health and Fitness
Activities
Sport England-Rise North East-Gym
and Health and Fitness Activities
TOTAL FUNDS		 At 1/4/23
£
232,361
3,987
8,458
12,445
244,806		 Net
movement
in funds
£
49,923
(3,900)
(808)
(4,708)
45,215		 Transfers
between
funds
£
87
(87)
-
(87)
-		 At
31/3/24
£
282,371
-
7,650
7,650
290,021

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Voda-Gym and Health and Fitness
Activities
Sport England-Rise North East-Gym
and Health and Fitness Activities
TOTAL FUNDS		 Incoming
resources
£
105,273
-
-
-
105,273		 Resources
expended
£
(55,350)
(3,900)
(808)
(4,708)
(60,058)		 Movement
in funds
£
49,923
(3,900)
(808)
(4,708)
45,215

continued...

Page 18

WHITLEY BAY ISLAMIC CULTURAL CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Voda-Gym and Health and Fitness
Activities
Sport England-Rise North East-Gym
and Health and Fitness Activities
Social Investment Business
TOTAL FUNDS		 At 1/4/23
£
232,361
3,987
8,458
-
12,445
244,806		 Net
movement
in funds
£
88,241
(3,900)
3,382
2,000
1,482
89,723		 Transfers
between
funds
£
87
(87)
-
-
(87)
-		 At
31/3/25
£
320,689
-
11,840
2,000
13,840
334,529

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Voda-Gym and Health and Fitness
Activities
Sport England-Rise North East-Gym
and Health and Fitness Activities
Social Investment Business
TOTAL FUNDS		 Incoming
resources
£
201,737
-
9,750
12,000
21,750
223,487		 Resources
expended
£
(113,496)
(3,900)
(6,368)
(10,000)
(20,268)
(133,764)		 Movement
in funds
£
88,241
(3,900)
3,382
2,000
1,482
89,723

Whitley Bay Community Gym project

Funding was provided by Voda to set up a gym in the community centre through the North Tyneside Health Inequalities Grant programme.

Active North Tyneside's Body Benefits programme

continued...

Page 19

WHITLEY BAY ISLAMIC CULTURAL CENTRE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. MOVEMENT IN FUNDS - continued

Sport England through the Rise North East are funding the running of health and fitness activities programme aimed at the lower socio-economic groups, culturally diverse communities and people with long term health conditions. Sport England has provided a further award of National Lottery Funding for the development of a project of 'Womens Only Swimming and Exercise'..

Social Investment Business

The Social Investment Business Limited which administers the Reach Fund on behalf of Access - the Foundation for Social Investment has provided a grant to support the organisation to become investment ready.

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

18. ULTIMATE CONTROLLING PARTY

The charitable company is under the control of the trustees.

Page 20

WHITLEY BAY ISLAMIC CULTURAL CENTRE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Donated services and facilities
Charitable activities
North Tyneside Council
Voda
Sport England
Social Investment Business
Other income
Childrens fees
Miscellaneous income
Gym memberships
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Activity expenses
Professional fees
Travel expenses
Support costs
Overheads
Insurance
Light and heat
Telephone, printing & postage
Postage and stationery
Repairs and maintenance
Professional fees
Carried forward		 2025
£
68,659
1,140
69,799
990
-
9,750
12,000
22,740
23,423
469
1,783
25,675
118,214
11,270
18,579
10,338
305
40,492
1,288
7,374
500
524
17,297
34
27,017		 2024
£
63,431
-
63,431
3,315
2,506
-
-
5,821
25,712
9,185
1,124
36,021
105,273
13,908
9,494
-
158
23,560
1,200
8,360
907
939
15,896
234
27,536

This page does not form part of the statutory financial statements

Page 21

WHITLEY BAY ISLAMIC CULTURAL CENTRE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Overheads
Brought forward
Computer consumables
Bank charges
Cleaning and sundries
Donations
Fixtures and fittings
Computer equipment
Governance costs
Accountancy charges
Total resources expended
Net income		 2025
£
27,017
115
464
98
-
3,949
509
32,152
1,062
73,706
44,508		 2024
£
27,536
114
230
1,492
1,620
3,949
507
35,448
1,050
60,058
45,215

This page does not form part of the statutory financial statements

Page 22