Registered Charity No - 1079162 Ummat-ul-Islamiyyat Trustees, Report and Accounts For the Year Ended 31 December 2023
CONTENTS PAGE Legal and Administrative Details Trustees, Report Independent Examiners, Report Statement of Financial Activities Balance Sheet Notes to the Accounts 10
REFEREPICE AND ADMINtSTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES .4TqD ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023 Trustees l. Mr Munir Adckoya . Mr Abdul-Ganiyy Ayind¢-Usman 3. Mr Sammy Noheem Sanni-Alash¢ 4. Dr T¢slim Olushegun Gbadamosi 5. Mr Olaposi Owojori 6. Mr Shcifu Jaiyesimi 7. Mr Quadri Mustspha Charity reglstered Number 1079162 Dats of Charltsble Reglstration 29 January 2000 Prlncipal offlce 59 Wessex Drive Erith DA8 3AE Secretary Mr Abdul-Ganiyy Ayinde-usman Independent examlners Accounting Assist Ltd Clo GoodtoGive Banker$ Natwest Bank
TRUSTEES, REPORT FOR THE YEAR ETrIDED 31 DECEMBER 2023 The Board of Trustees, who are the trustces for charity law purposes, submit thcir annual r¢port and th¢ fllydncial ststements of Ummat-ul-Islamiyaat for th¢ year cndcd 31 Deccmbcr 2023. The Board of Truste¢s cOnfmS that thc annual report and fmancial stat¢ments of the Charity comply with curitnt stattitory requirements, the rcquircmcnts of the Charity's governing document and the provisions of thc Statcment of Recommended Practic¢ (SORP) 'Accounting and Reporting by Charities (revised 2005). Structure) governance and management The 9 Trustees are: l. Mr Munir Adekoya 2. Mr Abdul-Ganiyy Ayinde-usman 3. Mr Sammy Noheem Sanni-Alashc 4. Dr Teslim Olushegun Gbadamosi 5. Mr Olaposi Owojori 6. Mr Sheifu Jaiycsimi 7. Mr Quadri Mustapha The Trustecs play a primary role in cnsuring good govcrnancc and fijnctioning of the foundation. Th¢ Board's I'ole, functions and responsibililies are quile clearly defin¢d. The Charity currently has a stroll8 team of Advisory board mcmbcrs in the UK who hav¢ helped to secure financial support and contribute to the futurc plannin8 of thc or8anisation. Governing Document: Ummat-ul-Islamiyaat is an unincorporated charitable organisation forn]ed on 31 October 1999 and rcgister¢d as a charity on 29 January ?000. Thc charity is governcd by a Trust d¢ed daled 31 Octobei. 1999. Recruitment and appointment of Trustees: Thc membeks of the Gcneral Trustce Board are trustees for th¢ purpos¢ of charity law. New trustees maybe appointed by resolution of a mceting of thc trUSt¢es. Much of charity. s work focuscs upon promotion of Muslim Faith and the running and maintenance of its places of worship. The General Trustcc Board seeks to ensure that the needs of this 0Up ar¢ appropriately reflected through the diversity of thc trustee body, lo enhance the pot¢ntial pool of trustees the charity has through s¢l¢ctiv¢ advertising and n¢tworking with voluntary organisations active in the seclor sought to idenlify those who would be willing to b¢come members of th¢ charity and use their own expericnce 10 assist the charity. Risk Management: We ar¢ committed to a policy of identifying. monitoring and managing the risks that might adversely affect the activiti¢s in which w¢ are involved. In this contexL risk is dcfined as the potential to fail to achicvc charity obj¢ctiv¢s and for loss, fmancial and reputational. inherent in th¢ Cnvironmcnt in whÈch w¢ op¢rate in the nafure of the transactions undertaken.
The principal risk of the charity has been its dependenc¢ on voluntary incom¢. Trustees hav¢ initiated various processcs to mitigate such risk so that the charity has sufficicnt reserv¢ in the event of adv¢i'sL condition(s). Thc trustees have alco earnIn¢d oth¢r op¢rational and business risks which th¢y face and confimi that they have taken steps to mitigate the significant risks. Public Benefit: Thc Trnstc¢s have complied with the duty in Section 4 of the Charitics Act 2006 and have paid due r¢gard to public benefit when preparing this report. The benefit providcd to the piiblic is consistent with the aims of th¢ charity in UK. Objectives and activities: To advance the Islamic religion in accordance with th¢ Holy Quran and the authentic Hadith of Rasulullah To relieve pov¢ty sickness and distress amongst Muslims need To advance Islamic education by the provision and maintenance of a Mosque and School To provide or assist in th¢ provision of facilities for recreation or oth¢r leisure time in London, particularly for Muslims in the inteTest of social welfar¢ and in order to improve thcir quality of life Operational costs for this year have been supported by donations from Trustees and general donations rcceivcd through fund raising activiti¢s.
TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Financial review: The largest contribution to th¢ charity for the year came from g¢n¢ral offerings. The charity b¢gan its charitablc activities from January 2000. Th¢ Charity currently aims to designate th¢ total fund receivcd less expenses for the main objective of the charity. Plans for future periods: The Charity plans to dev¢lop a new fundraising strategy to includc mass marketing. Besides mass marketing and ¢vents, the charity is aiming to achieve its targets through securing donations from HNWI, twsts and foundations and corporat¢ supporters. A development board may be created to help include other avenues of fundraising to be included in the yearly programme. Statement of Board of Trustees, responsibilities The Board of Trustees are responsible for pr¢parin8 the Annual Report and the fmancial statemcnts in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice, Charity law applicable to charities in England/Wales requires the Board of Trustees to prepare financial stat¢mcnts for each financial year which give a true and fair view of thc slate of affaÈrs of the Charity and of the surplus or d¢ficit of the Cliai'ity foT that pci"iod. In pKparing those financial statements the Board of Trustees hav¢.. Sclected suitable accounting policies and applied th¢m consistently, Made judgments and estimates that are i'easonabl¢ and pi'udent, Stat¢d whether applicable accounttng standards havc b¢cn followed, subject to any material departures disclosed and explained in the financial statements. and Prepared the fmancial statements on a going concern basis (unless it is inappropi'iatc lo prcsume that the Charity will continue in operation). The BO.d of Trustees has overall responsibility for ensuring that the Charity has an appropriate system of controls, financial and oth¢nvis¢. They are also responsible for keeping proper accounting records which disclose with reasonable acc'acY at any time the fmancial positkon of the ChaTity and enabl¢ them to ensure that the financial statements comply with the Charities Act 1993. Th¢y are also responsible for safeguarding the assets of the Ch'Ity aiid hence for taking reasonable steps for th¢ detection and prevention of fraud and oth¢r irregularities. The Board of Trustees is responsible for the maintenance and integrity of the corporate aiid fiii<lncial information included on the Charity's websitc. LcgislaTion in the United Kingdom governing the prepai'aÉion and dissemination of funCIal statements may differ fi'om legislation in oth¢r jurisdictions. Statement of disclosur¢ of inforniation to indep¢nd¢nt examiner.
TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECElktBER 2023 We. &8 the Trustees of the Charity who held office at the date of approval of these financial statements as set out on page l each confm. so far as we are aware. that: Th'c is no relevant inforniation of which the Charitys indcp¢ndent examiner are unawar¢' and w¢ havc tak¢n all the steps that we ought to have taken as Trustees in order to make ours¢lv¢s aware of any relevant inforn]aÉion and to establish that the charity's indcp¢nd¢nt examiner are aware of that inforniation. Independent Examiner: The Charity's independent examiner, Anum Hassan, FCCA of Accounting Assisi Lid Clo Good to Give Ltd, have indicated thcir willingn¢ss to offer thcmsclvcs for appointment. This report w&8 approved by the Trust¢¢s on and signed on their behalf by: Namc Signatur¢.
INDEPEI)ENT EXAMINER"S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 INDEPENDENT EXAMtNER'S REPORT TO THE TRUSTEES OF UMMAT.U li ISLAMIYAAT I report on thc financial stat¢m¢nts of th¢ charity for th¢ y¢ar ¢nd¢d 31 December 2023 which compris¢ the Statement of Financial Activilies and Balance Sheet with associat¢ not¢s. This report is made solely to the charity's Trustees, as a body. in accordance with section 145 of the Charities Act 201 l and r¢gulations mad¢ under scctÉon 154 of that Act. My work has bccn undertaken so that I might state to the charity's Trustees those matters l am required to state to them in an independent examiner's report and for no other purpose. To the full¢st ¢xtent perniitt¢d by law, I do not accept or assume responsibility to anyone other than the charity and th¢ charity's Trustces as a body, for my tKamination work. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER Th¢ charity's Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this y¢ar under section 144(2) of the Charities Act ?0 I l (the Act) and that an indcp¢ndcnt cxamination is n¢cdcd. It is my r¢sponsibility to: Examine the accounts (under Section 145 of the Charities Act). To follow Ihe procedures laid down in the General Directions given by the Charity Commission¢rs (undcr Scction 145(5)(b) of the Charities Act). and To stat¢ whcthcr particular matters have come to my attention. Basis of Independent Examiner's report My cxamination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includ¢s a review of the accounling r¢cords k¢pi by the GrouplDistrict and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosurcs in th¢ accounts and seeking explanations from you as trustees concerning any such matt¢rs. Thc proc¢dur¢s undcrtakcn do not provide all the evidcnce that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair. view and the report is limited to those matters set out in the stafemenl below. Independent Examiner's statement In connection with my examination. no matter has come to my attention: l) which gives me r¢asonabl¢ cause to b¢li¢ve that in any material rcsp¢ct th¢ requiremcnts: to k¢¢p accounting r¢cords in accordance with section 130 of th¢ Acl. and to prepare financial statements which accord with the accounting records and comply with the accounting requir¢m¢nts of the Act have not been met. or 2) to which, in my opinion, attention should be drawn in ordei to cnablc a proper undcrstanding of the financial statem¢nts to IK rChed. Signed: Dated: 2910412024 Anum Hassan, FCCA On behalf of Accounting Assist Ltd
STATEMENT OF FINANCIAL ACTIVITIES (InCorpOlng income and expenditure account) FOR TIIE YEAR ENDED 31 DECEMBER 2023 Unr¢stricted Restrieted Total Fund5 Tot•1 Funds 2023 2023 2023 2022 Notes Ineomlng Te$our¢e$ G¢nerA] offerin85 160J88 8290 168ffj78 168.104 Gift Aid 43.456 43.4S6 41.633 Other 103 103 13 Tot*1 lll¢ouLlng resourees 203.947 8290 212237 209.751 R¢$ourtts expended Charit&le A1v]e5 & Exp¢nditure 203,649 203.649 210,959 Govemane¢ ¢osts 11,671 11,671 900 Total Rtsourees expeDd¢d 215J21 215J21 211,859 Movement 10t fvnd for the year- Net income l (¢xp¢ndLture) Foi th¢ year IlJ74 3,084 -2.108 Fund brou8ht forward Fund b8Jance carTi¢d fon¥ard 39,164 39.164 41,272 27,790 8390 36.0811 39,164
BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Note FIXED ASSETS Tangible assets CURRENT ASSETS 23,436 27,024 Debtors 10.254 14,062 Cash at bank 12.442 24J16 12,442 CREDITORS: gmounts fallin8 du¢ within on¢ year 11,671 303 NET CURRENT ASSETS 12,644 12,139 NET ASSETS 36,080 39.163 CHARITY FUTrIDS Unrestrieted fuftds 27.790 8,290 39,163 Restri¢t¢d funds TOTAL FUNDS 36,080 39,163 Name., Signatu. 101 Page
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 I. ACCOUNTJNG POLICtES Basis of preparation of financial statements The fLnancial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. and in accordance with the Financial Reporting Standard for Smaller Entities (etyeclive April ?008). The fjnancial statements have been prepared in accord]ce with the Statement of Recommended Practice (SORP). 'Accounting and Reporting by Chariti¢s' published in March 2005 and applicable accounting standaTds. Fund accounting General funds are unrestricted funds which are available for use at the discretioii of the Trustees in furtherance of the general objectives of the charity and which have not beeii designated for other purposes. Restricted funds are funits which are to be used tn accordance with specific restrictions imposed by donors or which have been raised by the charity for particiilai. purposes. The Costs of raising and adrninistering such fidS are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the fmancial statements. Incoming resources All incoming Tesources are included in the Statement of fwancial activities when the charity has entitlement to the fimds, certainty of receipt and the amount can be measui'ed with sufficient reliability. Donated services or facilities, which comprise donated services, are incliided in income at a valuation which is an estimale of the financial cost bome by the donor where such a cost is quaniifiable and measurable. No income is reco8nised where there is no fmancial cosl bonie by a third party. Income tax recovernble in relation to donalions received under Gift Aid or deeds of covenant 15 recognised at the time of th¢ donation. Resources expended Exp¢nditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities, they have been allocaied on a basis consistent with tli¢ iise of the resources. Fundraising costs are those incurred in seeking voluntary contributions and do noi include the cost5 of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditLwe OTh the objects of the charity and include project management carried out at Headquarters. Governance costs are those incurred in connection wilh administration of the chariry and complian¢e with constittifional and statutory requirements. Grants payable are charged in the year when the offer is made except in those c8ses where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are lfILled. Grants offered subject to conditions which have not been met at the yearend are noted as a comsnitmenL bul not a¢crned as expenditure. 11 I Page
NOTES TO THE FTNANCIAL STATEMENT FOR THE YEAR EP4DED 31 DECEMBER 2023 1.5 Tangible fixed asset Depreciation is provided at the following annual rates in order to write off each asset over its estimated usefyl life. OfPice and musical equipment 20% on cost Fixtures and flttings 20% on cost Motor vehicles 20% on cost Computer equipment 20% on cost VOLUNTARY INCOME 2023 2022 Donatlons 168,678 168,104 Glft Ald 43,456 41,633 Total Income 212,237 209,738 TRUSTEES'ES EXPENSES There were following payments to trustees during 2023. David Ayinde: £12,990 Quadri Mustapha: £7,840 DEBTORS 2023 2022 Other debtors 10.2534 Total 10,254 121 Page
NOTES TO THE FINANCIAL STA TEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Other Creditors 11,671 303 Total 11,671 303 6. TANGIBLE FIXED ASSET Land and Equipment Total Building COST At 114 January 2023 9,085 61.675 70.760 Additions Disposal Al 31 December 2023 9,085 61.675 70,760 DEPRECIATION At IM January 2023 43,736 43,736 Charge for the year 3,588 3,588 At 31 December 2023 47,324 47.324 NET BOOK VALUE At 31 December 2023 9,085 14.351 23,436 At 31 December 2022 9.085 17,939 27,024 131 Page