ANJUmAN￿-BADRI {BIRMINGHAMI FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Charity Number: 1080090 ITENErs ANJUMAN-E-BADRI (BIRMINGHAM) FINANCIAL STATEMENTS YEAR ENDED 310ECEMBER 2022 CONTENTS PAGE Trustees and Professx)nal AdvEsors Twstees Annual Report Independent Examinei s Repc¥t Statement of Financial Actsvities Balance Sheel ststement of Cash 10 Notes lo the Financial Ststements Glossary ANJUMAN-E-BADRI (BIRMINGHAM) TRUSTEES AND PROFESSIONAL ADVISORS The Board of Trustees Shaikh Mohamed Hussain Karimjee Dr Shaikh Tufab Maitnoon Shaikh Z￿fjkar Najmu¢Yin Hassanali Dr Abbas Lohawala Mulla Zu￿￿ar Jalal Anwar bhai GulaM￿ssa1D Luqnanjee K<)urech AbdouknoLtssen Shabbirhussatn Mansootali Vohra Independent Examlner Tenets knoLntsnts Ltd 9 Regent Streel B*m7iroham B1 3LZ Bankers 8ardays Bank F4c POBox324 38 HaglÈy Ro￿1 Edgbasto Bim)Iwham B76 8NY Sollcltors sq￿re pattC￿ Boggs Ruuand House 148 EdmLnd Streel BirmirYJham B3 2JR Reglsi*r¢d Name Anjurna￿e-Badri l&"rminghaml RègIst•r￿S Offlce 164 HIngestC￿ Street Bimingham B186PU Charlty Number 1081XMJ ANJUMAN-E-BADRI (BIRMINGHAM) TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022 The Trustees aTe pleased to present their reFX)rt and the f￿anc￿l statemerts of the chaThty for the year ended 31 Decemier 2022. Stmcture, Governance and Management Anjuman-e-Badri IBimiiThJhaml was created by a Deed of Twst on 1 March 2000 by the donab.on ofan nikn.al COTPUS of £786 by the 52nd Dai al-mulaq. His Holiness Dr Syedna N4)hammed Burhanvddin IRAI. The Trusfs registered charity st8tu$ was ¢onfirmed by the Charity Cornmission on 29 March 2000. Oblectlves and Activitles The Trustees shall hdd the Trust Fund and its incorne upon tnjst to arply them for any Charitab￿ purposes foT the benefit of the community and in particular the Mutnineen of ihe Daw(K)di Bohfa Jarnaat ol Birmingham and in parbcular lor the following purp05es'. The pieaching ar￿ practising ol the Islamc religion m ￿nfOrmfy al-Quran. Islamic Shariat and the Fatimi IFatirn*dl philosophy. Culture and tradibons. all as interpreted by akDai al-mutlaq. 2. The advancement of edur3lfon The relief of need. hardship arn1 dtstress. The provision and assistsn¢e in the provislon of la￿lItIeS for the ¥ecreatioTr and olher leisure tyme o¢cupations of the said benefi¢iaries particuL4rty women and young in the interests of social wetfafe and so conditsons ol lile may be improved. The Trustees have paid due regard to gutdance issued by ts Charrty Commissicn on wblic knefit vknen re￿￿ng the Trusys aims and d)jectives and in planning the Trust'5 futu￿ adivities. The Truste85 who served during ihe year were". Shaikh Zuhair bhai H Attarwala IPresidentl- respJned on 13 June 2022. Shaikh Mohamed Hussain Karimjee Dr Shaikh Turab Maimwn Shaikh Zulfikar NajmtKlin Has5anal Dr Abbas Lohawala Mulla Zulfir2r Jalal Anwar bh81 Gulamhussain Luwanjee Kourech Abdoulhoussen Shablxrf)ussain Mansoorali Vohra Trustees are appointecl by al-Dai al-Mut13q for 8 teFm of frve year5 or as may be detennined by al-Dai al-mutlaq. A Diiective from His Holiness Dr Syedna Muf8ddal Sarfuddtn ITUSI appynted 8 b031d oftrustees Itom 07 Maich 2018. Trustees may be reaPp￿nted al the end of a term of five year5 or new ￿$tee$ may be app(Mnted a5 set out In the terrn5 01 the Trust Deecl. The Trustees h8ve the power to manage. admirrister and conducl the day-ttrday t￿$m)e$s and affairs of the Trust. Meetinos of the Trustses are held ordinarily on(z every 34 months atwhich they agr* the broad strategy and areas of activity for the Trust. induding the consvjerat￿ of granvtoan rn8k￿g. ￿serveS and risk management policies and performance. The day to day admiiislralion of 9rantslQardan Hasana and the pr(tts*ng and handling of applicatK)n5 pnor to their Gonsideration by the Trustees lif appropfiate!, togethei wth the general admthistralN)n of the charity has been ￿e￿aled to various sutcommiltees The Truslees adhere to all the legislatK)n applicable to thern. Risk managemenl The Trusiees have assessed the major risks Ihe Trust fa¢es in respect of rts 5trLth￿e. govemance and management. objectives and adivities. finanual and future p18ns and Klenth'fied the mqoy risks by 8rea of actimty. the nature of thtsse risks. the likelihood of the risks materialis￿g and the rneasures taken lo manage thern. The Trustees review tr*se risks regularly at their meebngs and they are 58tlsfEd that systems are in place to ￿nage the rrsks that have been Identsfied. In partlcular. c￿trol$ over cash ￿￿thdrawalS and auth0risatlL￿ ol Invol￿$. ANJUMAN-E-BADRI (BIRMINGHAM) TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022 Pollcles and procedures for Inductk)n and TralnlTrvJ of Trusttts Before app￿￿tMent, Trustees are generally aware of the resrM)nsibd*lies they will be expected to carry out. They are also 9iven a copy ol the Trust Deed thai contains the rules of the charty and must famdrarise Ih&nselve5 With all procedures set out in the goveming d(tument. Remuneratlon of Key ManagÈmÈnt The Key Management personnel ofthe Charity are ts Trus*es. The charity's ￿)1￿Y is not to remuneote Trustees on the basis of this being the nomial pradice for 01 a SiTnilar ￿ze and nalure Revlew of Developments, Actlvttles and Achkvements The Tru5tee5 consider that the perfomian¢x of the Trust lor the yeaf has t*en sabsfactory. The resources of the Trust have enabled rt to satisfy tr* demands made upon rt. Th8r8 have been no changes wth respect to the aims and obj￿INeS ol the tha￿ Sino ts opening in 2017. the running of Masjid and Community Centre has been one of Ihe key aclivths of chaiity." ITr add￿.0￿ to supportsng members of the Dawoodi Bohra commthity. A number ￿ grant5 and donatK)ns were made to ass151 Individuals wth th￿r studies and ioalleviate hardship M4thin the community. These grants and donations are made at the of Ihe tntslees. RepresentatiC4)s are made by members of the ¢ommunily through meekn.ngs with IrKfiwdual trustees. These ale then presented by tfustees to Ihe 8oard of Trustees The Board. fol￿wIng deliberati￿ w7th the Presi¢Jent. then makes it5 deci5KM acLX)rdingly. The Nvork of the Madiasah Ireligious Sch￿}1 run by the tharity has also continued during the year The ch8rity rec81ved donats.ons of £33,5241202t - £20.7081 speoficaly in reL8tvJn to ihe Madrasah. The Madrasah helps the charity to fulfil one of its 0￿.eCtiveS of the advancement ofeducation. The Charity organised and I￿Sted a number of feasts INiya21 lor the communty dLtnng the year. Donations of £61.02812021 £95.1011 were received fiLxn supportets to lund these events, on which Ihe chanty incurred expense of £50,847 12021 £84.9221. During tt)e year. the chairty continL*d to undertake relevant iefurbishment of pr￿rkneS it man¥Jes. which a￿ owned by the Dawat*-HaiYiyah Trust IUnite(t Kingdom) on behaf ol His Holiness The Da al-muyaq. These properti8s aro let to community rrembers and the general wtrAic to generate irwme for the chanty. As per the Ifshaadaat of Syedna Mohammed Burhanuddin IRAI aThJ Syedna Mufaddal Sa￿KIdIn I￿$1, three Qardan Has8na Schemes have been inib.aied as follow8: hèmmedi Scheme- This Scheme focuses ￿ contritMJtK4)s made by Mumineen at large. oslected on significanl dates le.g. on Lailat al-Jumu ah and Yawrn akJumu'ahl and ￿ vaTitiUS Mawaaqeet le.g. Asharah Mubaraka. Urs. etc l. In the Mohammedi Scheme. the Conthbutots are not specifically Hjenbfied. wd ￿eipts are not issued for each Individual ntribut50n (except on specific request. in which case the contribution can be forwarded to the Taher Scheme). The Mohammedi Scheme will be perpetual in nature. i.e. once the amount is (x)nlributed the amount becomes part of th8 corpus of the relevant Qardan Has8na Stherr£. Taher Scheme - In the Taher Scheme. all ¢ontr*Juti(ffis made are ackn￿edged. and a receipt is issued to the ContribLrtor, thus allobwng him to be specrficaxy Klentffied Like the Mohammedi Scheme. the Taher Seheme Is alsts based on the understand1ng Ihat contribulions made by Mumineen will be perpetua5 In nature. i.e. the amount is contributed." Ihe arr￿)Unt become5 part of1he corpus oflhe Idevant Qdrdan Hasana Sd*me. Hosain S¢heffte- Partiupants in the Husajn Stheme are encA)uiaged tts give Qardan Hasana through the aegis ol the Qardan Hasana SC￿Me towards the ennoblmg Purpose of benefitting Mumineen in th￿r time of neert. The Husain S¢heme is based on the premise that Oardan Hasana provKled by Mumineen lo this S¢heme ¥MII earn the Mumin Thawaab and wll be retrmable. Givers to the Husain Scheme wll specAfy a time-peri£Klirtue date for which they ar¢ giving the amount. They are ￿COU￿g￿￿ to Ctxnmit laige arThyJnts. and for longer ￿n¢￿ts$. At 31 December 2022. the HLtsain Stheme had attrade(S £190.79412021- £222.1171 of relundablè c￿tribUtIOns. £76.33512021 - £10.7331 ¢ontributed thrtsu￿ the Mohamme(li and Tahef Stherr£s during the year. At the year end. the debtors figure from am¢)unts leant to community members during the year £53.51312021- £27.0011. ANJUMAN-E-BADRI IBIRMINGHAM) TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022 Pertomianee ayalnst Targets As a iesult of the rlature of the actiirylles ol Ihe charity in its cuffent fom). 5pecffic finanual tsrgets were set fi)r the year. Rather, the charity sought tts maximise the powts.ve it had on the rommunity. through the provisicn of Chantable assistance. education, worship and evetts It also sought to make refuTbishments to the Masjid Complex. The Trustees believe lttal these targels were achieved. Future Developments The pdicies and purposes of the Trust sha# cA)ntinue to be *Yvance(l under the provtsons of the Trust Deed. From 2019. the Trust started to rent out the tw) propertie5 that chaFty had operated from prior to the completirm of Ihe Masjid,. the Pr￿me from doing this is utrlised to f*lp fijnd Ihe runnir4J of the Masjhl. In the previous year120211. the Trust ¢￿￿￿eted the process to purchase land foT use a$ a Qabrastan (bunal gr￿nd) located at E5sington Cemetery. Bursnip5 Road. Wolverhampton. WV11 2AF. tbnabons received from members of the Dawo(xJi Bohra community towards the pur¢h8se ¢osls Donati￿$ ￿[e 3150 re￿1Ve(l in 2022 and the TAJSt ￿an$ to purchase addits'onal land ￿ the same site in the rear firture. Publlc Benefit The Trustees confirrn that they havè paid du• r8gaAI to gwidarK8 by the Charity Commission on public benefit. By fulfilling rts objects. the tharity has a positive impad on the I￿1 commijnity and thus is of public benefit. It supports those in t)eed through the giving of grants and loans. It organises and hosts leasts attended by meM￿rS ol the local comrnunty, and the Masjid is a pLqce of wrrship and 50u81 activ￿"e5 foi the Jocal communrty. ANJUMAN-E-BADRI (BIRMINGHAM) TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022 Flnanclal Revlew The Charity's income decreased to £376.973 frorn £663.759 120211. In the prior year, donabon5 were ieceived totalling £270.011 in rdation to the purchase Of the Qabra5tan Iburial groLmdl land at Essington Cemetery which was the key driver for the Increase In inrx)me in 2021. The donations lor Sat)Il ul-Khair wal-Barakat and Niyaz (religious leastsl have decreasecl by £15.852 and £34.073 respecttvdy when compared to the pnor yeat. Ho￿￿Ver. Ihere was an increase in donations ieceived of £12.816 in reL8tK)n to Madrasah (re1￿j10us schodl in comparisot7 10 2021. The charity's expenditure has decfeased to £328.348 from £726.575 120211. The differen￿ is ma1￿Y driven by the o)st ol £358.466 for purchase of the Qabrast8n land d(tring the priry year. The repairs and maintenance costs have reduced to £17.199 in comparison to 2021 1£36.0571. The Niydz expens8s have also reduc£d by £34.075 to £50.847 this year in cornpanson to £84.922 120211. In (¥￿tra$t. the expenses for Madrasah have Increased by £8.536 %*1)en cornpared to the prior year and the c05t for deaning and general expenses has also Increased by £14.015 to £26.188 this year in comparison to £12.173in2021. The charity achi￿ed a net surplus of £48.62512021-defiiylof£62,816}. manly du8 to Ihe factors mention8d above. The charity s tash reserves haNt reduced to £376.126 frc¥n £4[￿.298 in 2021. The charity's unrestiicted reserves defficit h8S decieased to £74.935 from £88.508 120211 and its restrKted resefves have I￿reased from a £71,285 120211 surplus £106.397. The Twslees give legard to the wogress made in relEtthshment of the Masjid 8rKI other properties. the eommLtnity projects undertaken. as well as the aforerrentioned financial perf0m￿nCe indicators then assess#)g the charity's Success in fulfilling its objects. Reserves Policy The ¢harily maintains an unrestricted re$￿Ve. The charity's aim is that the unrestricted fund is maintained at a level that will enab￿ Ihe charrty to pemiit rtto ttJntinuÈ tn op8ralM)n. at CLtrrent levels of ir¢come and expendrtuie for the foreseeable future. The value ol the unrestricted reseThe remains negative. as a result of the d￿atIOn of the Masj#l dunng 2017. As stated In the future developments and wng concern section. measures are being taken to In¢￿ase the ￿COme of the charity to reduce this over811 deflrat year on year. The restricted funds that ex*sted dyriTrJ the year were in respect of Ihe fijnding of Qardan Hasana linteresl free k)ansl to community members and the purc￿7se of laThl use as a Qabrastsn Iburial g¥wndl. A5 at 31 Deeember 2022, the Charity's reStr￿ted reserves We￿.. Qardan Hasana at£62.7691£46.434- 20211 and Qabrastan at £43.62812021 - £24,851). Investment Policy The charty hokjs no investments 0lh8rthan staThlarf bank a¢o￿nts.. hence it does r￿1 have a speThfi¢ inveslmenl policy. Use of Volurkieers Volunt8ers h81p the charity to fTrJ￿ its charitable L￿eCts. VL4un*ers. ftx examp*. a5SiSt in the preparaiion of mèals and organisation ol events. ￿ y￿￿)tee(s. otherthan the Trustees have decision making p0￿rs. Entrusknent Directive The followng properties vest in the llhe Dai al￿tIaq. ICorrrt)ration Sdel ¥tho is the Sole Trustee of Dawat-e-Hadiyah Trust Iunited Kingdom) (Reg. No. 2948071. The Sole Trustee has vide Entrustment Directive dated 21 October 2019 entrusted the said proKwtses lo Anjuman*-Badri IBiminghaml for its administrati￿. supervlsion rnana9emenl to 18alitate reluious. so¢ial. charit*Jle, edU￿bonal and cthral activitses ofthe cajnm￿lty and ¥there perkn'n￿t to re￿1ve rental in￿￿8. 71 Saifee Masjid Complex situated at Hingeston street. Bimiingham. B18 6PU. 21 House situated at t7 Teddington Grove. PÈry Barr. B42 1 RF. 31 House situated at 130 Osm8Ston Road. Hartrjme. Btrmingham. B17 OTN 41 Community Hall s¢tuated at 63A Cross*￿1$ Road, Langky. Oklbury. Bimngham. 868 8HH The propeth"&s bdong to and are shth￿ in the &CXMJnts ol Dawat-e-Hadiy8h Trust (United Kin9doml. However. as they have been entrusted to Anjuman-e-Badri 18irminghaml. rents and other incANne deiived from these propertyes and outgoings. utIl￿e$. rates and taxes tn connects.on with these propertie5 are [￿t reflected in the a£rounts Df Dawat<-Hadiyah Trust (United Kingdoml but a instead sho%*n in the acC￿ntS of Aniuman+Wri IBim)ThJhami. ANJUMAN-E-BADRI {BIRMINGHAM) TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2022 Trustses. Re$pon$ibllhSes The trustees are responsible for preparing the Tru5tees' Annual Report and Ihe financial statetnents in accordance with applicable law and United Kingdcth Accounting Standards (United ]fjrydorn Generdlly Accepted Accounting Pr¥ctice} including FRS 102'The Finanaal Rewtng sta￿lard aPp￿tAble in the Unrted lfjngdom and Repul￿￿ OfI￿L￿n1j. The law applicable to tharibes in Engl￿d and Wales requires the twstee5 to prepare finatKial stalemeTrts for eath financial year which give a true and fair wew of tt)e state of affair5 of the charity and of the in¢oming ￿OUrceS and ￿P￿IcatIon of resources of the Charity for that per¥)d. In preparing U)ese finanaal statements, the tnjstees are requir￿10. select suitable accountw polKies and U)en apptythwn t￿￿15t81￿￿, observe the methcxls and princiw in the Charities SORP: make judgernents and a(xmnting estim*es that ar9 rgason8tle and pmdent.. prepare the financial statements on the going ¢on¢em basis un￿$ it is inappropriate to pre5urrE that the charity will continue in bLI￿neSs. Th& (ruslees are ￿spOnsIble for keeping proper ￿e0￿￿t￿l9 t￿at L1tsdose vitth reason8ble acctracy at any time the financial position of the Charity and enatde Ihem to ensure that the finan¢ial ststement5 compty the CharitiÈs Act 2011, the applicable Charity IA¢wJnts and R8W)rts} Regulations and the prowsM)ns of Ihe twst deed. They are also responsible for safeguarding the assets of the cha¥rty and hence fof taking reasonatAe step5 for the prevention and deEe¢tion of fraud and other irregulariiies. Signed on behalf of the Trustees Shaikh Mohamsd Hussaln Karlmj¢¢ Treasurer Approved by the Trustees on 27 Oclrthr 2023. ANJUMAN-E-BADRI {BIRMINGHAM) INDEPENDENT EXAMINER'S REPORT TO ThE TRUSTEES OF ANJUMAN-E4ADRI {BIRMINGHAM) YEAR ENDED 31 DECEMBER 2022 I reportto Ihè trust￿ on my8xaminab.on ofth8 aCC￿nts of the AnjUman￿adri {&m)inghaml forlhè y8arerKled 31 DwRmber 2022, which are set out on pages 8 to 21. This report 1$ made solely to the charitys trusiees, as a trxKty, in accordance ￿ Regulat*)n 31 ofthe Charities (Accounts and Reports) Regulations 2008. ￿ work has been uThJertaken so thaE I might state to the charitls tnjstees those matters l am required to state to them in 8n independenl examtnerfs rerKJri and for no other purpose. To the fullest exient permitted by law, I do not accept or assume ress￿51b11Tfy to anyone other than Ihe chari￿ tnL8tees as a tK)dy. fLV my WOTk, for this report, or for the statement I have made. R•spon$Sbllltt•s and ba$1$ for mport As th8 charity trust885 of th8 Anjuman-8-Badri (Birminghaml y)u are reswjnsth for Ihe prepaT8tK)n of the accounts in ccordance with the requirements ol the Charrbes Act 2011 llhe Acri I rèport in r6spect of my examination ofthe An1uman-￿dri IBim)irwJham} acctyjnts carri8d out under section 145 ofthe 2011 A¢t and in ¢arying out my ex8minatKJn I have fokn¥ed all lh8 appl￿ble Direct￿$ yNen iry the Charity Commission under sèctitsn 14515llbl of the Act. IndependBnt 4xaminorf$ $tatement Sinc8 th8 Charity's grtsss income exceeded £250.LK)O your examiner must be a member of a tx)dy list8d in sedion 145 of the 2011 Ad. l ¢onfirm that l am qualified to undertake Ihe examinabon berAuse l am a member ol ACCA, which is one of the listed bodies. I have completed my examination. l ¢onfimi th81 rKJ mat￿181 matters have ccrne to my attents.on in connection vAth the examination giwng me cause to believe.. accounting rocords were nol kept in respect olthe Anjuman+Badri IBThinghaml as required by SeC￿On t30 of the Act., or the accounts do not accord wilh those rÈcords.' or th& accounts do not comply with the accountiryJ requirements conceming lh8 forTn and (xjntent of the ac¢ounts set oul in the Charities (Accounts and ReFx)rtsl RegulatwJn5 2008 otlw than any requirernent that the account5 give a 'true and fair *iew which 15 not a matter consi¢Jered as part of an independent examirab"on-,or th6 accounts have not been prepared in accordance vKth th8 m8thods and ￿nt1p￿S ofthe Statament of Re¢ommended Practr£ for accounting and regK>rting by Charities appli¢alle to ctharibes preparing their a¢￿Utts in accA)rdan¢e witr the Finarrial Repo￿"n9 Standard ap￿icaNe in the UK aThY Republ￿ of Irdand IFRS 1021. I have no rxJn¢ems and havè come acrc6s no other mallers in connection wlh Ihe 8xamtnation to whtch att8rtrt￿n should b¢ drawn in this report in order to enats￿ a proper understsnding of the acc￿rts to be re&hed. Mr M. Abbass IFCCAI Independent Exarnin8r Tenets Accountants Ltd 9 Regent Street Birmingham B1 3LZ 27 October 2023 ANJUMAN-E-BADRI {BIRMINGHAMI STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2022 Unrestricted Funds Restrlcted Funds Total Funds 2022 Toial Funds 2021 Notè Incomè and Endowmènts from: Oonalion5 and Legacies Investments 324.331 17.530 35.112 359.443 17.530 646. 782 17.5T7 Total Income and Endowments.. 341.861 35.112 376.973 663.759 Expendlture on: ChaTitable Activits"e5 328.348 328.348 726.575 Total Resources Expended 328.348 328,348 726.575 Net Incomin9 Resources before transfers 13.513 35,112 48.625 (62.8161 Translers Gross Transfers between fvnds 16 Net movement in funds 16 13.513 35,112 48,625 162.816) Reconciliation of fund5 Total funds brought forward 16 188.5081 71285 117.2231 45.593 Total funds Carried ft>rward 16 174.9951 106.397 31.402 {17,223) The notes LM pages 11 to 21 form part of these ststements. ANJUMAN-E-BADRI (BIRMINGHAM) BALANCE SHEET As at 31 DECEMBER 2022 Notè 2D22 21121 Fl¥•d A$s•ts Tangible Assets 10 67.505 70.910 Current Assets Debtors Cash at bank and in hand 93,C*5 376,126 65,686 406,298 469,191 1505.2941 471,984 {560,1171 Creditors.. Amounts falling due WFthin one ￿lT 12 Net Current Assets l {Liabilitiesl 136,1031 188,1331 Total assets ￿s5 current liabilities 31.402 117,2231 Nel ILiabililie$l l Asset$ 31.402 117,2231 Funds Restricted Unrestricted 16.17 16,17 106.397 (74,9951 71,285 188,5081 TOTAL FUNDS 31,402 117,2231 These financi￿ statements ￿re approved by the Trustees and author6ed for issue on the 27 Oclober 2023. and a￿ signed onlheir behalf by- Shaikh Mohamed Hu55ain Karimje* Treasurer The notes on pages 11 to 21 form part ofthese financia statements. ANJUMAN-E-BADRI (BIRMINGHAM) STATEMENT OF CASH FLOWS YEAR ENDED 31 DECEMBER 2022 Nott 2022 2021 Cash flows from operatlng actmtles: Net cash wovided byllused ￿1} opeiab.ng aclmb.es 18a 124.2021 129.6251 Cash flows from investing a￿1vIlle5. Rental in¢ome 17.530 17.577 Net cash provlded byllused In} Investlng actlvltles 17.530 17,577 Cash flows Irom financing acllvllles Qardan Hasana payaLle I23.5￿} 118.0001 Net cash provlded byllused Inl flnandng actlvttle5 123.51Xll 118,0001 Change in ¢ash and rAsh equivalents in the reportirwj period 130.1721 130.04ei Cash and cash equlvalents at the beginning of the reporting period 406.298 436,346 Cash and ¢ash ¢qulvalènts at the end olthe reportthg perlod 376.126 406,298 -10- ANJUMAN-E-BADRI (BIRMINGHAM) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022 General Informatlon Anjuman-e-Badri iBiminghami Is an un¥nco¥porated charty govemed by a Tnjst Deed. The charity is registered in England and Wales wth the Charity commis9￿. Its rw"stration nufflbeK 1080090 and its registered office is Saifee Mosque. 164 Hingeston Street. Birmingham. 818 6PU Aceountlng Poll¢les al Basls of Accountlng The (inar￿la1 slatements have been wepared under the histon¢al ¢05t Conventi￿ ￿ items reccxJnised al eost tsr transaction Val￿ unless othenmse sta￿] in the rdevant notei$l to U)ese fina*ual stalements. The financial statemenls have been prepared in a(tordance with Accountng and Reporting by Charities". Statement ol Recommended Practice ap￿￿able to charibes prepanng their accounts in a¢cofdance wth the Finanaal Reporting Standard applicable in the UK and Reputlic of Irdand IFRS 1021 leffe¢tive January 20151- (Charibes SORP IFRS 10211. the Finanaal Report4ng Standard appjicabie in Ihe UK and Rep￿)11¢ irf Ire}av￿ IFRS 1021 and the ch8rib.es Act 2017. The accounts (fina￿la1 stat8mentsl have been prepared to gtve a 'lnFe and fa￿ view and have departed from the Charth"e5 IAccount5 and Report51 Regulations 2008 C￿lY to the extent ¥equired to provklÈ a true wd fair iieW. This departure has involved folbwing A¢couniirKJ arKI Repth"ng by ChariD"es preparing their acwunts in accordance with the Financ￿1 Reportyng Standard appkcable m the LIK and Republic of Ireland IFRS 1021 i55ued on 16 July 2014 rather than the Awounting Repotsng by Charitses." Statement of Re￿mmended Practsce effective from 1 Apr 2005 which has since been wi11vjrah￿. The trust ¢ons*'tutes a public tenefft entity as defined by FRS 102. The finanrial statements are prepared in 5tertiTrJ, vknich ks lh8 fvrKlional currency of the charity. and are rounded to the nearest Nthole £1. The accounts are wepar&J the charity as a single entty. The preparation of finanryal statements In compliance wth FRS 102 require5 Ihe use of certain ¢riti¢al accountng eS￿mateS. It also r8quir85 m￿age[ReAll0 exeruse judgement in applying the Charity's acc¢yJnb"ng polioes Isee note 31 bl Going Concern Th8 trustees eonsxler that there are rn matenal Imcerlainbes about Ihe Trust's ability to conbnue a5 a gtsing COn￿M The ¢har¥ty has large cash ba1￿CeS and a number of measures have been taken lo incTrase income. such as rent￿g of propertses add1th￿al donaticffls from ccrnm￿1ty mernbew5 to help lund the running Gost5 01 the Masjid. ¢1 Incomlng ReSou￿e5 All incoming resource5 are Induded in the ststenrnts of finanoal 3Gtivilies when the ch8rty is entiued to the Income and amount can be quantir￿d ￿1h reasonab￿ accuracy. t)onations and rental income are included in the Statement of finanrial a¢t'vities when received. The corresponding gift aicl due Is induded In the rdevanl fund when receivable_ dl ResoLTrfCèS Expended All expenditure Is included i)n an accruals baws and is ￿¢0￿1$ed ￿en there is a legal or cx)nstructiv8 obligation to pay for expendilure. The Trust is not regstered for VAT and accordiThJly eypenditure ts shLwn grtsss of Irrecoverable VAT. Expenditure on chanta)le aCt￿lbe$ includes al ct6ts inojrrnd by a chaiity in urKlertaking acbvfaes that further its Charitable aims for the benerrt of ib I￿nefiC￿rieS. itK4uding Ihose SUFwi CA)Sts and costs relating to the governance of the charity apPort￿ne￿ to tharitable acbwbes. -11- ANJUMAN-E-BADRI {BIRMINGHAMI NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022 •) Allocatlon of support and governance costs Support costs have been 81Socated tetween governanr£ and other supFKrt o)st$ GoveTnance costs comprise all costs involving th8 public accountsbility of the charty and its wmF4iance wth regulation and practs.￿. These Costs Include costs related to the irthpendent examina11L￿ and gene￿ accountsncy fees. Support costs have been alkxated beh4ten aclivibes based on the nalure of the costs. In each case. rxjnsideration is given to whether the support pnmanly relates to the gereol prowgon of charttable Ser￿￿5 or to the maintenance and management ofthe Ma51￿ and other proffts. Unrestricted Funds Unrestricted fvnds Consist of incorning reSoUr￿S recerved and In(xy￿ generated forthe objects of the charity, wthout further specffied purpose. arKI are available a5 generallunds. 91 Restricted Funds Restricted funds are to b* used for speafic purposes. Exwidthre %th"ch meets U)ese uitetia is charged to the fund. hl Fixed A55ets and Deprèclatlon Fixed assets are initially worded at cost. Depreaation is calculated so a5 to WTtie off the cost of an asset, le55 its estirnated ￿SIdUal value. over the u5efil econoffl￿ Ile ol that asset as follows.. Fixlvres. Frtb"ngs and Improvements Computer Equipment Motor vehic￿5 Leasthold improVe￿￿nIS - 250th R￿U￿ng Balance - 250th Reducing Balance - 33,13% Strauht Line - 2% Straght 11 Debtors Trade and other debtors are recognised at the setuernent amount due after any trade discount offered. Prepayments are valued al the amount prepaid r*t ol any ifade discountsdue_ J) Cash at Bank and in Hand Cash at bank arKI cash in hand indudes cash and short tem highty IK4UNI invesbnents wlh a short maturity of three months cr less from the date of a￿Ul5rtK)n ￿ openirKJ of deFh)Sit ￿ simi￿¥ act0￿1. kl Crèditors and wowsions Creditors and provisths are recognised vknere the charty has a present (￿¥jaI￿)n resulting from 8 past event that will probably result in the transfer of filnds to a th¥rd party and the (lue to settle the oblvJation can be measured or estimated reliably. Cred>iors and provisths a￿ Th)nYkally r*>)gnised at thèir sett￿rnent amount after allowng for any trade discounts due. 11 Flnanclal Instruments The chanty only has flnanual assets and tmanual Ikablities of a kind that qualify as basic finan￿al instrurnent5. Ba*¢ finaKial instruments are inth.ally recognised attransa¢tion Val￿ andsubsequenYymeasuTed at theirsettlement value. -12- ANJUMAN-E-BADRI (BIRMINGHAM) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022 Judgem•nts In applylng accountlng ￿tICleS and key sources of esiimation uncertalnly In preparing the Financia5 Statements. management is require¢ to make estimates and assumpb.ons which affect reported income. expenses. assets. liabilthes and disdosure crf cor¢tingent assets and lsabilit*es. Use ol available Information and applicab.on of iudgernent are ￿herent Tn Ihe lormth.on of estimates. togeth8r ￿th expectstions of future events that are believed to be reasonable und8¥ the cifujmsiances. Adual results in Ihe future could differ from $￿Ch estsmates. Owing to the simple nature of the charty's acb'wties. b?￿n￿$ and trans*tions. sIgnffi￿t jtKlgements are marte. Consequently. there are not t))nsidered to be any areas of the accounts that are ¢onsNJere(S to be subject to significant estirnats.on uncerta*nty_ Donatlons and legacles recelved Unrestricted Funds Restrlcted Funds Totsl Funds 2022 TotaiFund5 2021 Sabil ul-Khaif wal-Barakat Other dtsnati¢)ns Faiz ul Mawaid il Burhanryah Grft claimed Qardan Hasèna Madrasah Niyaz Ireligstrtss feastsl Q3brastan Ibunal grcwndl 136.364 2,373 51.490 39.552 136.364 2.373 51.490 39,552 16,335 33.524 61.028 18.777 152.216 8,988 49,74Q 38.685 10.733 20.708 95. 101 270.QI I 16.335 33.524 61.028 18.777 324.331 35.112 359.443 646. 182 Incomtr from Investments Unrestricted Funds Restrlcted Fund5 Total Funds 2022 Total F¢ffnd$ 2021 Rental Incorne IEnlwsted propsrtièsl 17.SJ) 17.530 17.577 -13- ANJUMAN-E-BADRI {BIRMINGHAM) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022 N•t Incomlng Rèsourc 2022 2021 This is stated alter chargirg lor i¢Klependent exarninat¥)n 4.000 4.OOQ The ¢harity has no ￿n￿OYees(202f- nill. No Temuneration has been pai¢J to the Tr5JSttsé5 W7 Ih8iT capa(ity as Trustees during Ihe year 12021 11. The Key Management Personnel ofthe charity afo considered to be Ihe TnJstee& none of are remuneraby in either 2022 or 2021. No expense5 have been Pa￿ to Ihe Twstees ir* th￿r rapacty as Twstees duriThJ Ihe year other than the reimbursement of out of pod Total Financial Lia￿￿￿"eS held at Amortised Cc6t 194.794 226.177 Financial IKabilitses held at fair valve thTwJh incxyne and expenditsre cor6Bis of Qa￿an Hasana", intsTest free Joans The fa*r value is deternmned based on discu$stor6 ￿ (Athations the counterparties. Financial liakn"litres hdd at an￿rtIS￿ cost are Hwin Qardw7 Hasana sc￿me anrt ac£n￿lS. 14. Rèlated PartyTransactlons Anjuman-e-Badri (Birminghaml is conneded to the Dawat*-Hadryah Trust (Unrted Kingdom). Upon tts opening. Anjuman- e-Badfi (Birmtngharnl donated the fvfasjxt c(¥nplex to the Dawat+Hadiyah Trust IUThted ￿ngdoMI. The d￿atr.0n value is the cost of the C￿n¥t￿l¢t￿￿ of the ￿ik$Ing. At the year-end. A￿l￿nar￿8adrI IBirmirwJhaml (A%td the Dawat-&Hadiyah Twst Iunitecl Kingd(*nl and the Saifee Foundation of Europe £310.5LKI 12021 - £334.IJ(MJl. This balan￿ represents interest free loans. ¥thi¢h were made lo the charity several years ago These 108n balan￿S weTe accoL*nted for entirely ￿71h1n creditor5 due ￿thin one year. NeitheF of these loans are se¢ured aThl are repayable UFon demand. During 2022. £11.750 12021 - £9,000) Wds paid to Saifee Foundabon of Europe and £11.75012021- £9.0001 lo the Dawat+Hadiyah Tft￿t (United Kingdom). At 31 D￿rnber 2022. fhere was a total of £24.476 (PAWI to five Tnjstees wth¢n Ihe Hussain Stheme Creditor 12021 - £20.724 owed to four Trusteesi. In both 2022 2021. there Ivere no balaft￿$ due from the Trustees. During 2022, the charity received donations tolallin9 £18.233 from seven trustees 12021 £39.455 fiom seven Tiusteesl. From time to time, tFUStees wll incur expenditure on beha￿ of the charity and ihen ￿ [e￿bUt5ed. DuTinu 2022. these reimbursements, made to truslee5. totalled C1.02712021- £7.364 to three tn*steesl. -19- ANJUMAN-E-BADRI (BIRMINGHAM) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022 15. Restricted Funds Balance at 01 Jan 2022 Incomlng Expenditure Transltrs Resourc*$ Balance at 31 Dec 2022 Qardan Hasana Qabr85tan fund 46.434 24.851 16.335 18.TT7 62,769 43,628 Total Restricted Funds 71.285 35.112 106.397 The Oafdan Hèsana represents donattcft5 from memtr*rs that are lo be used to help fvnd Qardan Hasana linterest free loans) to community membets IA￿amIned1 and Taher s¢heryei. Qabrastan fund relates to the purctsse of land in Es$wig￿n Cemètery for use as a ground. 16. Fund5 Analy515 Note Balance ai Inconmny Expenditure 1 Jan 2022 Resources Transhrs Balancé 31 Dec 2022 Restricted Funds 15 71.285 35.112 106.397 Unrestr￿ted Funds 188.5081 341.861 328,348 174,9951 Totsi Funds 117.2231 376.973 328.348 31.402 -20- ANJUMAN-E-BADRI {BIRMINGHAM) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022 17. Analysls of Net A55ets Ibehveen restrlcted and unrestrkttd lundsl Fund balances at 31 DecEmber 2022 are represenled by". Un*strlcted Funds Restricted Funds Total Tangible fixed assets Current assets Cuttent I'abilib'es 67.505 172.000 (314.5CK)I 67.505 469.191 1505,2941 297.191 1190.7941 174.995 106,397 31.402 18. Noies to th¢ ¢ash flow ststemènt 2022 2021 Recor¢cillation of nel incomellexpendllurel to net ￿$h flow trom operatlng actfyltles Net incomellexpenditurel for the peii(#J Adjustments for". DepreCiat￿n charges Ilncreaselldecre3se in debtors In¢reasellde¢reasel in ¢xeditors due in less Ihan one year Rental Iticome R8payment ofQardan Hasana 48.625 162,8161 3,405 127.3791 191.8231 117.5301 23.500 4.092 19,5161 38.192 117.5771 18.000 Net cash provided byllusÈd Inl <)peratlng actfjvEtfjÈs 124,2021 129,6251 Anal￿1$ of cash and cash equlvalents 2022 2021 Cash in hand 376.126 406.298 Total cash and rAsh equivalents 376.126 406.298 -21- ANJUMAN-E-BADRI IBIRMINGHAM) GLOSSARY YEAR ENDED 31 DECEMBER 2022 G1055ary Anjuman An administrabve unit eSta￿l$hed uRder the guidance and directth tsf the Dai-Al- Mutlaq to organ￿e and n7anage the affairs of the Dawoodi Bohra Jamaat ol a particular area. Amil Minist8f ol rebg Sabil ul-Khair wal-B8r8kat RegU￿r conlnlxrta)ns offered by members 0% D8wrodi BohTa Commun*ty. Masjid *Jsque Faiz ul Mawaid il Burhantyah Provi&￿ offcAyJ to the ¢)xnmunty Markaz C￿m￿lty centre or haFI Taqarruban Conventional contributiu) offefed tr)y thè various orgaTris8tion$. jamaats and indivsdu4s to Dawat+Hadiyah Trust Iunrted lQ'ngdoml Qardan Hasana Interest free ban Madiasèh REligkXts $C￿XI Muvasat ChantatrAe assistsn Manshurat Relig•Jus put4v3tions Muvasalat Transrxjrtalton for emissaries and persomel Niyaz Religiyjs feasts Enayat Grants Mohallah Community in a derrA)graphi¢ area Oabrastan Burial Gr(yJnd Moula TUS Milad His Holiness bithjay Taamir Buil¢Sng o)nstrwti)n. restoration reFoirs and structural work. Talimy Imdad Edu¢ats"on aid Tibby Imdad MEdical aid Rahaesh Boardry ¥acfiitylaccornrnc¥Jation Amanat Deposrts Laagal -22-