2025-03-31-accounts

STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE DIRECTOR'S & TRUSTEE'S REPORT AND ACCOUNTS

For The Year Ended 31 March 2025

Company Number: 03832690 Charity Number: 1079423

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STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE

Charity Information

Board of Directors / Trustees

Name

Mr Arzoo Miah Mr Nazmul Hasan Mr Abu Bokkor Md Rejaul Karim Mr Nazrul Islam Alli Mr Abdus Samad Md Sofijur Rahman Md Shamim Ahmed Chowdhury Mr Ali Hussain Mr Md Elias Miah Mr Mohammad Yusuf Choudhury Mr Mohammed Faruk Ahmed Mr Muhammad Abdul Latif Md Fuad Ahmed Muhammad Shafig Islam

Resigned Members

Position

Chairman Vice Chair Secretary Treasurer Education Secretary Assistant Secretary Assistant Education Assistant Treasurer Trustee Trustee Trustee Trustee Trustee Trustee Trustee

Date of Resignation

Notes

Appointed on 20/01/2025

Appointed on 20/01/2025

Appointed on 20/01/2025 Appointed on 20/01/2025

Appointed on 20/01/2025 Appointed on 20/01/2025

Mr Muhammad Ali 20/01/2025 Mr Ali Sadad 20/01/2025 Mr Mohammed Masud Ahmed 20/01/2025 Mr Makadas Ali 20/01/2025 Mr Waled Ahmed Choudhury 20/01/2025 Mr Ful Miah 20/01/2025

Company Number: 03832690

Charity Number: 1079423

Registered Office Address:

81 ~~-~~ 83 Duckett Street London E14TD

Banks:

Lloyds Bank 210 Commercial Road London E1 2JR

Barclays Bank 737 Barking Road London E13 9PL

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STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE Trustees’ Report For The Year Ended 31 March 2025

Trustees’ Statement

The Trustees, who are also the Directors of the charity for the purpose of the Companies Act, are pleased to present their report together with the financial statements of the charity for the year ended 31 March 2025.

The accounts have been prepared in accordance with the accounting policies set out in Note 1 to the accounts and comply with the Charity’s Constitution, applicable law, and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP).

The Directors of the charitable company (the charity)are its Trustees for the purpose of charity law and throughout this report are collectively referred to as the Trustees.

Structure, Governance and Management

Governing Documents

The organisation is a charitable company limited by guarantee, incorporated on 27 August 1999 and registered as a charity on 16 February 2000. The company was established under a Memorandum of Association which sets out the objects and powers of the charitable company and is governed under its Articles of Association.

Appointment of Trustees

The Directors of the company are also the charity’s Trustees for the purposes of charity law and under the company’s Articles. Under the Memorandum and Articles of Association, the number of Charity Trustees must be at least three and not more than fifteen.

Trustee Induction and Training

The Trustees maintain a working knowledge of charity and company law and are kept up to date with the operations of the charity through regular board meetings.

Related Parties

Stepney Shahjalal Mosque and Cultural Centre Ltd (SSMCC)made no payments to the Trustees or Directors during the reporting year ended 31 March 2025.

Public Benefit Statement

The Trustees confirm that they have complied with Section 17 of the Charities Act 2011 regarding the guidance on public benefit published by the Charity Commission. The following sections demonstrate the public benefit arising from the charity’s activities.

Objectives and Activities

The charity’s objects, as set out in its constitution adopted on 12 August 1999 and incorporated on 27 August 1999, are: ~~-~~ To advance the Islamic religion among local residents.

~~-~~ To advance religious education among children and adults.

~~-~~ To provide facilities for recreation and leisure activities.

Stepney Shahjalal Mosque and Cultural Centre Ltdisa charitable organisation duly established in accordance with its governing constitution. Pursuant to Clause 3(E)of the Memorandum of Association, the Trustees are authorised to raise funds, collect donations, and invite contributions for the purposes of the Mosque and its activities.

In furtherance of these objects, the charity provides prayer facilities, celebrates Islamic holidays, and raises funds from the public, particularly through Friday, Eid, and Ramadan collections. The charity seeks donations and grants from individuals and institutions to support its work.

The charity is managed by a Board of Trustees elected by members, with office bearers responsible for day ~~-~~ to ~~-~~ day operations.

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Roles and Contributions of Volunteers

SSMCC Ltd engages volunteers to support both individual programmes and general operational activities.

Trustees and Principal Officers

The following officers held office throughout the year:

~~-~~ Mr Arzoo Miah ~~—~~ Chair

~~-~~ Mr Abu Bo ~~k-~~ korSecretary

~~-~~ Mr Md Rejaul Karim ~~-~~ Treasurer

The Trustees may appoint additional co ~~-~~ opted Trustees under the terms of the constitution.

Activities and Achievements ~~—~~ Delivering Public Benefit

Daily Prayers

Open 365 days a year for five daily prayers, attended by 100 ~~-~~ 200 people on average. The Imam is available after prayers for advice and consultation.

Friday (Jummah)Prayers

Weekly Jummah prayer attracts 1,50 ~~0-~~ 2,000 attendees, including families. Sermons promote responsible citizenship and social harmony.

Eid and Tarawih Prayers

Two Eid prayers held annually across four congregations, attended by approximately 4,000 people. During Ramadan, Tarawih prayers attract around 800 attendees nightly.

Evening & Weekend Madrasah

Educational programs for 200 pupils on weekdays and 120 pupils on weekends, covering a wide range of Islamic subjects.

Youth Activities

Weekly Arabic classes and monthly programs combining Islamic learning with team ~~-b~~ uilding activities, fostering community engagement.

Facilities for Women

Dedicated prayer spaces and counseling services. The Women’s Link Project supports isolated women facing issues such as domestic violence, mental health challenges, and parenting concerns.

Future Development

~~-~~ Develop a purpose- ~~b~~ uilt facility for wider community use.

~~-~~ Continue partnerships with local organisations, including the Council of Mosques.

~~-~~ Resume community safety and awareness sessions.

~~-~~ Work with Stepney Safer Neighborhood Team and multi ~~-f~~ aith groups.

~~-~~ Provide health and soci ~~o-~~ economic support through advice sessions and outreach.

Financial Review

The Statement of Financial Activities shows:

~~-~~ Net surplus: £365,792 (2023/24: £277,429)

~~-~~ Total reserves: £3,619,739 (2023/24: £3,253,947)

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Principal Funding Sources

The charity’s income for the year ended 31 March 2025 was derived entirely from private donations.

Investment Powers and Policy

Under the Articles of Association, there are no restrictions on investments made by the charity. All investments are subject to careful consideration by the Trustees to ensure they further the charity’s aims and deliver public benefit.

Charitable and Political Donations

SSMCC Ltd made no political or charitable donations during the year ended 31 March 2025. Any future donations will be subject to Trustee approval and aligned with the charity’s objectives.

Risk Management

~~-~~ Financial Risk: Reliance on private donations. Mitigation: diversify fundraising and maintain reserves.

~~-~~ Operational Risk: Service disruption. Mitigation: contingency planning and insurance.

~~-~~ Compliance Risk: Regulatory adherence. Mitigation: Trustee training and internal audits.

~~-~~ Reputational Risk: Public trust. Mitigation: transparency and safeguarding policies.

~~-~~ Health & Safety Risk: Safety of staff and visitors. Mitigation: compliance with regulations and risk assessments.

Statement of Trustees' Responsibilities

Company law requires the Directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management committee should follow best practice and:

Select suitable accounting policies and apply them consistently;

Make judgments and estimates that are reasonable and prudent; and Prepare the financial statements on the going concern basis unless it is not appropriate to assume that the company will continue on that basis.

The Directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the current Trustees/Directors on 3 November 2025.

Signed on behalf of the Board of Trustees/Directors

Mr Arzoo Miah Trustee/Director/Chairman

6

STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE

(A Company Limited by Guarantee)

Independent Auditor's Report to the Directors/Trustees of Stepney Shahjalal Mosque And Cultural Centre for the year ended 31 March 2025

~~Opinion~~

We have audited the financial statements of Stepney Shahjalal Mosque And Cultural Centre for the year ended 31st March 2025, which comprise the statement of financial activities, the Statement of Financial Position, and the related Notes, including a summary of significant accounting policies ~~.~~ The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice) ~~.~~

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 ~~.~~ Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

In our opinion the financial statements:

• e give a true and fair view of the state of the charitable company’s affairs as at 31st March 2025, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

• e have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• e have been prepared in accordance with the requirements of the Companies Act 2006

~~Basis for opinion~~

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report ~~.~~ We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements ~~.~~ We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion ~~.~~

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STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE

(A Company Limited by Guarantee) Independent Auditor's Report to the Directors/Trustees of Stepney Shahjalal Mosque And Cultural Centre for the year ended 31 March 2025

~~Conclusions relating to going concern~~

We have concluded that the Trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Although the Statement of Financial Position presents net current liabilities of (£28,384) at the year ~~-~~ end, we considered that the majority of the loanees providing private loans, did not exercise their right to request repayment within the post year ~~-~~ end period ~~.~~ We have assessed Trustees’ conclusion that incoming donations will continue to exceed the request for repayments of these loans, as reasonable. We also sought clarity on the Trust's legally enforceable capital commitments, alongside its cashflow projections ~~.~~

We have not identified any material uncertainties relating to events or conditions that cast doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue ~~.~~

Other information

The other information comprises the information included in the trustees’ annual report other than the financial statements and our auditor's report thereon ~~.~~ The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read other information and, in doing so consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact ~~.~~

We have nothing to report in this regard ~~.~~

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

• e the information given in the Trustees’ report, including the Strategic Report, for the financial year for which the financial statements are prepared, is consistent with the financial statements; and

• e the Trustees Annual Report, including the Strategic Report, has been prepared in accordance with applicable legal requirements ~~.~~

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STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE

(A Company Limited by Guarantee)

Independent Auditor's Report to the Directors/Trustees of Stepney Shahjalal Mosque And Cultural Centre for the year ended 31 March 2025

Matters on which we are required to report by exception

In the light of our Knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report and the Trustees Annual Report ~~.~~

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

• e adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

• e the financial statements are not in agreement with the accounting records and returns; or

• e certain disclosures of directors’ remuneration specified by law are not made; or

• e we have not received all the information and explanations we require for our audit ~~.~~

~~Responsibilities of trustees~~

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

~~Auditor’s responsibilities for the audit of the financial statements~~

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion ~~.~~ Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements ~~.~~

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STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE (A Company Limited by Guarantee) Independent Auditor's Report to the Directors/Trustees of Stepney Shahjalal Mosque And Cultural Centre

for the year ended 31 March 2025

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: ~~www.frc.org.uk/auditorsresponsibilities.~~ This description forms part of our auditor’s report.

As part of our audit process:

• We enquired of management and staff the systems and controls the charity has in place, the areas of the financial statements that are most susceptible to the risk of irregularities and fraud, and whether there were any known instances of suspected or alleged fraud

• We obtained an understanding of the various legal and regulatory frameworks under which the charity operates, and made the necessary enquiries of management to understand if there were any major areas of non ~~-~~ compliance

• We considered incentives and opportunities that exist within the charity, including management bias, to present the potential for irregularities and fraud to be perpetuated, and tailored our risk assessment accordingly

~~Use of our report~~

This is report is made solely to the charitable company’s members as a body, in accordance with Chapter 3 of Part 16 of the Companies Acts 2006 ~~.~~ Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose ~~.~~ To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as body, for our audit work, for this report, or for the opinion we have formed ~~.~~

Mr Nur Ahmed Chowdhury (Senior Statutory Auditor) For and on behalf of Abacus Partners (Ldn) LLP Statutory Auditor Unit A, Abbotts Wharf 93 Stainsby Road London E14 6JL

Date: 12" December 2025

10

STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE

STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 March 2025

											Notes	Unrestricted Restricted 2025 2024 Funds Funds £ £ £ £
Incoming Resources
Grants				&		Donations 2						573,318 ~~-~~ 573,318 453,325
Total Incoming Resources												573,318 ~~-~~ 573,318 453,325
Resources								Expended
Charitable Activities 3 Governance Cost 5												201,086 ~~-~~ 201,086 168,856 6,440 ~~-~~ 6,440 7,040
Total Resources											Expended	207,526 ~~-~~ 207,526 175,896
Net Income								ForThe Year				365,792 ~~-~~ 365,792 277,429
Reconciliation										of Funds:
Total Funds								Brought Forward				3,253,947 ~~-~~ 3,253,947 2,976,518
TotalFunds								CarriedForward				3,619,739 ~~-~~ 3,619,739 3,253,947

CONTINUING OPERATIONS

None of the Charity's activities were acquired or discontinued during the above two financial periods.

TOTAL RECOGNISED GAINS AND LOSSES

The Charity has no recognised gains or losses for the above two financial periods.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

The notes on pages 14 to 18 form part of these accounts.

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STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE

BALANCE SHEET AS AT 31 MARCH 2025

																						Notes	£	2025 £	£	2024 £
~~Fixed Assets~~
Land		and buildings																				6		4,341,810		3,637,416
Fixture & Fittings																						6		813		1,214
Current Assets																								4,342,623		3,638,630
Debtors & Prepayment																						9	33,395		10,373
Cash		at Bank					and			In Hand												10	404 381 437,776		399,488 409,861
Creditors
Amounts Falling Due Within																One Year 7							466,160		14,444
Net CurrentAssets					Assets/ (Liabilities)																			(28,384)		395,417
Total		Net Assets less current liabilities																						4,314,239		4,034,047
Creditors
Amounts Payable										After	One Year											8	694,500		780,100
																								(722,884)		(384,683)
Total		Net Assets																						3,619,739		3,253,947
~~Total ~~		~~Funds ~~				~~of The Charity~~
Unrestricted					Funds																			3,619,739		3,253,947
																								3,619,739		3,253,947

These accounts were approved by the Board of Trustees on 12 December 2025

Mr ~~.~~ Arzoo Miah

Chair of the Board of Trustees

Mr. Md Rejaul Karim

Treasurer

The notes on pages 14 to 18 form part of these accounts

12

STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE

STATEMENT OF CASHFLOWS AS AT 31 MARCH 2025

																								Notes	2025 2024 £ £
Cash flow From Operating						Activities
Operating surplus																									365,792 277,429
Depreciation																									401 597
Operating surplus before				working											capital										366,193 278,026
charges
(Increase) /Decrease in			Debtors																						(23,022) (42)
Increase/(Decrease) in		Creditors																							(6,284) 9,581
Total cash generated from					operations																				336,887 287,565
Cash flow From Investing Activities Purchase of assets																									(704,394) (652,263)
Total cash outflowfrom		investing												activities											(704,394) (652,263)
Cash flow From Financing					Activities
Increase/(Decrease) in			Private								loans														372,400 108,000
Total cash inflow from investing											activities														372,400 108,000
Net Change in Cash And					Cash																				4,893 (256,698)
Equivalents
Opening Cash And Cash					Equivalents																				399,488 656,186
Closing Cash And Cash Equivalents																									404,381 399,488
Reconciliation
Cashatbankandinhand																									404,381 399,488

13

STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE Notes to the Accounts For The Year Ended 31 March 2025

1 ~~.~~ Accounting Policies

1 ~~.~~ 1 Basis of Accounting

The financial statements have been prepared under the historical cost convention and in accordance with the applicable Accounting Standards , the Statement of Recommended Practice “Accounting and Reporting by Charities” published in March 2005. The principal accounting policies adopted in the preparation of the financial statements are set out below.

1.2 Incoming Resources

Voluntary income and donations are included in incoming resources when they are receivable, except when the donors specify that they must be used in future accounting periods or donors’ conditions have not been fulfilled, then the income is deferred. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs.

1.3 Resources Expended

Resources expended are included in the Statement of Financial Activities on accruals basis, excluded of VAT where applicable.Expenditure that is directly attributable to specific activities has been included in these cost categories. Where costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of those resources.

1.4 Going Concern Basis

The financial statements have been prepared on the going concern basis, as in the opinion of the trustees, there are no issues arising which would suggest any other basis as being more appropriate.

1.5 Depreciation

Depreciation is provided using the following rates and bases to reduce by annual installment the cost, less estimated residual value, of tangible assets over the estimated useful lives:

Fixture & Fittings is 33% on Reducing Balance

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STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE Notes to the Accounts For The Year Ended 31 March 2025

2 ~~.~~ Grants and Donations

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted| |Funds|Funds|2025|2024| |£|£|£|£| |Donations|-|Cash|&|Cheque|Deposit|59,191|-|59,191|48,769| |Donations|-|Direct|Credit|248,903|-|248,903|178,824| |Education|&|Training|108,440|-|108,440|95,657| |Eid|Donations|7,830|-|7,830|3,983| |Friday|Collection|-|Cash|78,369|-|78,369|79,896| |Just|Giving|/|Muslim|Giving|3,585|-|3,585|6,421| |Other|Mosque|Collections|5,371|-|5,371|10,145| |Launchgood|1,966|1,966|-| |London|Borough|Of Tower|Hamlets|-|-|-|5,000| |Ramadan|Family|Commitment|(RFC)|8,402|-|8,402|7,024| |Membership|Fee|9,765|-|9,765|615| |Ramadan|Donations|32,798|-|32,798|9,306| |Weekend|Madrasha|8,698|-|8,698|7,685| |573,318|-|573,318|453,325|

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3 ~~.~~ Cost of Charitable activities

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|||||||| |---|---|---|---|---|---|---| |2025|2024| |£|£| |Cost|Directly|Allocated|to|Activities:| |Fundraising|Cost|33,821|15,117| |Other|Cost|-|Azan|Radio|5,700|-| |Advertising|and|PR|-|1,230| |Bank|Charges|4,566|3,186| |Cleaning|384|360| |Depreciation|401|598| |Donations|-|5,628| |Imam|&|Teachers|Remuneration|21,712|27,983| |Insurance|1,510|1,433| |Light|and|Heat|19,786|13,353| |Legal|and|Professional|Fee|73|13| |Pensions|307|231| |Rates|&|Water|826|643| |Repairs|and|Maintenance|10,469|5,899| |Stationery|and|Printing|5,758|2,905| |Subscriptions|60|258| |Telephone|and|Internet|358|300| |Wages|&|Salaries|95,355|89,719| |201,086|168,856|

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STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE Notes to the Accounts For The Year Ended 31 March 2025

4. Staff Emoluments

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |2025|2024| |£|£| |Total|Wages|and|Salaries|95,355|90,418| |Employer's|NIC|937|698| |Employer's|Pension|134|103| |96,426|91,219| |Direct|Charitable|96,246|91,219| |Others|-| |Avg|No|of|Employees:|Admin|-|-| |Avg|No|of|Employees:|Direct|18|16| |Employees|Paid|in|Excess|of|£60,000|During|the|Current|Year|None|None| |5|.|Governance|Cost| |2025|2024| |£|£| |Accountancy|Fee|1,440|2,040| |Audit|Fee|5,000|5,000| |6,440|7,040| |6.|Tangible|Fixed Assets|Freehold|Fixture,|Portable|Total| |Land|Fittings;|&|Buildingsvb|ae|£| |Equipment| |COST| |At|1|April|2024|3,637,416|19,199|90,083|3,746,698| |Additions|During|The|Year|704,394|-|-|704,394| |As|at|31|March|2025|4,341,810|19,199|90,083|4,451,092| |DEPRECIATION| |At|1|April|2024|-|19,199|88,869|108,068| |Charge|For|The|Year|-|-|401|401| |As|at|31|March|2025|-|19,199|89,270|108,469| |NET|BOOK|VALUES| |As|at|31|March|2025|4,341,810|-|813|4,342,623| |As|at|31|March|2024|1,400,572|-|1,214|3,638,630|

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STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE Notes to the Accounts

For The Year Ended 31 March 2025

7.Creditors: Amounts Falling Due Within One Year

						2025 2024
Accountancy Fee						£ £ 1,492 2,053
Audit Fee						5,000 5,000
Net Wages Qard~~-e-~~Hasanah						1,390 6,914 458,000 ~~-~~
Tax & Social Security 278 477 __466,160_ 14,444 8~~.~~Creditors: Amounts Payable AfterOne Year 2025 2024
Qard~~-e-~~Hasanah						£ £ 694,500 780,100
						694,500 780,100

Creditors contain Qard ~~-~~ e ~~-~~ Hasanah, which in their legal form are interest ~~-~~ free loans from private individuals, that are repayable on demand ~~.~~ FRS 102 requires loans at non ~~-~~ market interest rates to be measured at the present value of their future payments ~~.~~ The Trustees have opted to make a departure from accounting standards here, on the grounds that it may confuse some users of the financial statements ~~.~~

9~~. ~~Debtors & Prepayment	9~~. ~~Debtors & Prepayment	9~~. ~~Debtors & Prepayment	9~~. ~~Debtors & Prepayment	9~~. ~~Debtors & Prepayment	2025 2024
					£ £
Accrued Income Prepayments					23,041 ~~-~~ 1,080 1,099
LB Tower Hamlets					9,274 9,274
					33,395 10,373 2025 2024
10.Cash		at Bank and in hand			£ £
Cash at Bank					403,023 399,467
Cash in Hand					1,358 21
					404,381 399,488

11.Transactions With Trustees

None of the trustees were remunerated or reimbursed expenses during the year.

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STEPNEY SHAHJALAL MOSQUE AND CULTURAL CENTRE Notes to the Accounts For The Year Ended 31 March 2025

12 ~~.~~ Key Management Personnel Compensation

The charity is governed by a board of directors and trustees who are considered key management personnel. During the year, none of the directors or trustees received any remuneration, benefits, or pension contributions for their services. They served on a voluntary basis and were not compensated for their time or duties ~~.~~

The analysis below serves as a note to the cash flow statement:

									At start		New		Fair value	Fair value	Fair value	Fair value	Foreign exchange	Foreign exchange	Foreign exchange	Foreign exchange	Foreign exchange	Other non~~-~~			At end
									ofyear Cash flows		finance leases		movements				movements					cash changes			ofyear
Cash									£ £ 399,488 4,893		£	-		£		-			£		-	£		-	£ 404,381
Cash		equivalents -								-		-				-					-			-	-
Total		cash							399,488 4,893																404,381
Loans < Loans >			1 1		year year				(780,100) (372,400)			- -				- -					- -	458,000 (458,000)			(694,500) (458,000)
Total		borrowings (780,100) (372,400)									:				-					:			-		(1,152,500)
TOTAL									(380,612) (367,507)		-					-					-		-		(748,119)
Analysis Of								Net Assets By Fund
											Unrestricted						Restricted								Total Funds
											£								£						£
Tangible fixed assets Current assets											4,342,623 437,776									~~-~~ ~~-~~					4,342,623 437,776
Current liabilities											(466,160)									~~-~~					(466,160)
Total		net			assets						4,314,239									~~-~~					4,314,239

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