2023-06-30-accounts

BEDFORD cZ￿rR￿L JAME£ MASJID & CULTURAL CEhTRE Registered charity Number: 1081598 Trustees Report Financial 5tstements th For the year ended 30 June 2023 Bedford CentralJamee M3slid &151amicCultural Centré- 1081598

BEDFORD CENTRAL JAMEE MASJID & ISLAMIC CULTURAL CENTRE Report of the Trustees for the year ended 30th June 2023 The trustees present their annual report and financial Statements for the year ended 30th June 2023 and confirm they comply with the Charities Act 1993, as amended by Charities Act 2006, the trust deed and the Charities SORP 2005. Reference and Administrative Information Charity Name: BEDFORD CENTRALJAMEE MASJID & ISLAMIC CULTURAL CENTRE 1081598 Charlty Reglstration Number: Principal Offlce: 34, Brereton Road Bedford MK401HU Board of Trustees Executlve Committee Chairman: Mr Abdul Aziz Secretary: Mrjoinal Abdin Treasurer.. Mr Shuhel Miah Inde endent Examiners: Accurate Acc Ltd 18,Laburnum Avenue Bedford MK404HQ Bankers Natwest Bedford MK401YN Bedford Ceniraljamee Masjld & Isl3mic Cullural Centre- 1081598

Bedford Central Jamee Masjid and Islamic Cultural Centre Structure overnance and mana ement Governlng document: Bedford Central Jamee Masjid and Islamic Cultural Centre is constituted as an unincorporated association. It is governed by the regulations set out in the constitution and is run by a voluntary Management Commlttee Organisatlonal structure: The Committee members are elected at the General Meeting, which is held after every two vears. Any new trustee would be briefed by the chair of the awareness of a trustee's responsibilities the governing document and administrative procedures and the history of the charity. The management Committee met 4 times during the year to review activities, consider the financial position and decide policy and procedure. The Secretary oversees the day to day work of the charity. He reports to the management committee regularly regarding the performance of the charity. There are four staff members who are engaged in the religious functions and affair5 of the organi5ation on a daily basis, together with a number of volunteers. Rlsk mana ement: The trustees annually review the rlsks that the charity faces, both financial and otherwise. Strategies have been implemented to tontrol and minimise these risks. Assessments on areas such as governance and compliance with law and regulations have been undertaken. Areas of risks relating to employing staff have been covered by proper procedures and insurance. Appropriate Disclosure and Barrlng Service IDBS} checks are carried out on all volunteers/staff who have acce55 to children. Achievements and Performance: During the year the charity has been able to tontlnue its support for educational classes, which provide facillties for aroulld 100 children. Bedford Central Jamee Masjid & lslarnlc(vhur3I Centre- 1081598

Bedford Central Jamee Masjid and Islamic Cultural Centre th For the year ended 30 June 2023 Fina clal Revlew: During the year, the charity received £144,598.00 by the way of publ1¢ donations and fees from religious Classes. The net movement of funds show a surplus of £67,384.00 which has been added to the reserves, brought forward from previous years of £384,993.00. End flnancial year currertt reserve is £452,377.00. The Trustees believe that the ¢harltV should hold financial reserves because it is mostly dependent on its income from local worshippers. As these funds may be sub5ect to fluctuatlon from time to time the Trustees have decided to set 3 level of reserves which equate in value to approximately 6 months expenditure which the Trustees have estimated will be approximately £40,000 primar￿1V Used for ongoing current activities such as Staffing costs of the organisation and further Improvements In relation to the sites building works and maintenance costs. In vlew that the purpose of the reserves is to meet immediate shortfalls in fundin& the Trustees have decided that it is appropriate that the reserves shown in the balance sheet are represented by funds held in short term deposits and current bank accounts. The Trustees have ¢onsidered the most appropriate policy for investing funds and have revlewed ways In generating in¢ome and capital growth to meet their requirements. Plan5 for t e future erlods The charity wlll continue with the current activitie5 and has obtained substantial donations for 202212023. The key future plans are: al To continue to help and give religious guidance for the communitv. b) To continue to promote good relations with all other ethnic minorities. c} To ensure that all the remaining building works are completed successfully within the allowed tlmescales. dl To continue to build and encourage community access to the educatlon facilities. e) To encourage participation from women to engage in Arabic classes. fl To introduce additional classes for children up to GCSE level. Bedford Central Jamee Mèslid & Islamlccultural Centre- 1081598

Bedford Central Jamee Masjid and Islamic Cultural Centre th For the year ended 30 June 2023 Ob ertlves and Actlvltles The Charitws objectives are for the benefit of the general public resident In and visiting Bedford (the area of benefit), In particular but not exclusively those people who are of Muslim faith, by: rhe advancement of the Religious of Islam guided by the Quran and Sunnah,. The relief of poverty by provldlng advice, representation, counsellin8, translatlng and interpreting services and other assistance in matters such as asylum, Immigration, money, debts, welfare benefits, housing, health, education, training. and employment- The promotion of good race and community relations with other ethnic communities In the area of benefit. To assist in funeral arrangements for families of deceased worshipers. The maln objertive for the year was the promotion and appreclatlon of the Islamic falth and the provision of facllities of education to the wider community especially the younger generation, offering opportunities in education programmes such as children's classeslweekend classes and Hafizi classes. The charity is very Involved in the community and is dependent on the voluntary help from the local residents who support the Masjid by not only voluntary servlce such as maintenance and repair work to the centre but by donations to help promote its objectives. Bedford CentialJamÈe Maslld &151aMlc Cultural Centre- 1081598

Bedford Central Jamee Masjid and Islamic Cultural Centre For the year ended 30th June 2023 Accountln and Re ortln Res onsibllities Charity law requires the Trustees to prepare financial statements for each financial year, which show a true and fair view of the state of affairs of the charity, and its financial activities for that period in preparing their financial statements. The Trustees are required to.. I Select suitable accounting policies and then apply them consistentlyi bl Make judgments and estimates that are reasonable and prudent, cl State whether appllcable accounting standards have been followed subject to any departures disclosed and explained in the financial statements, dl Prepare the financial Statements on the going concern basis unless it is appropriate to presume that the charity will not continue ill operation existence. The Trustees are responsible for keeping proper accountlng records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statement comply with the Charities Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This Report was approved by the Trustees on . and signed on their behalf by: IPre5identl (Treasurer) 8edlord Central lamEe M35jld & IslamlcCultur31 CÈntre- 1081598

Independent Examiners Report to the Trustees of Bedford Central Jamee Masjid and Islamic Cultural Centre For the year ended 30thJune 2023 RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The charity's trustee conslder that an audit is not required for this year (under section 43121 of the Charities Act 1993 (the Act) and that an independent examination is needed. It Is my responsibility to examine the accounts (under section 43 of the Act) to follow the procedures laid down in the General Dlrections given by the charity commissionlunder section 4317)Ibl of the Act), and to state whether particu13r matter5 have corne to my attention. BASIS OF INDEPENDENT EXAMINER'S STATEMENT Accurate Acc Ltd was appointed as the charltable company's independent examiner. Mv examination was carried out in accordance with Eeneral Direction given by the charity commission. An examination includes a review of the accounting records kept by the charitv and a comparison of the accounts presented with those records, It is also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concernSng any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts. INDEPENDENT EXAMINER'S STATEMENT In the course of my examination, no matter has come to my attention, l. which 8ives me reasonable cause to believe that in, any rnaterlal respect the trustees have not met the requirements to ensure that.. .proper accounting records are kept lin accordance with sectlon 41 of the Act); and .accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act,. or 2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Accurate Acc Ltd Bedford Centlal Jèmee Maslld & Islamic Cultural Centre- 1081598

BEDFORD CENTRAL JAMEE MASJID & ISLAMIC CULTURAL CENTRE Statement of flnanclal Activities For the year ended 30th June 2023 ,BedfDrd Central Jamee Ma5 id a & Islamlc Cultural Centre Istatement of Flnanclal Actlvities |Restrlcted Unrèstlcted Designated Fund Fund Fund 30.06.23 30.06.23 1 30.06.23 93669.18 Incomi resources., Total Fund Total Fund, 30.06.23 1 30.06.22 93,669 81,016 Ivoluntary Income Activities for 8.enerating funds ilnvestment income 50929.00 1 144,598 5 50,929 1 1 144,598 76,855 157,872 IResources Expended 77,214 61,514 'Total Resources Empended 77,214 61,514 Net Movements In funds 67.384 96,J57 .,Prlor.v.ear adJ.ustments between funds Funds brought forward 384,993 288,636 Total funds 13 452,377 1 384,993 Bedford Centraljamco Masjid & Islamlcculiural Centre- 1081598

BEDFORD CENTRAL JAMEE MASJID & ISLAMIC CULTURAL CENTRE Ilalance sheet For the year ended 30th June 2023 Notes forming part of the Financial Statsrnents for the year ended 30 June 2023 l. Accounting Polic188 The financial statements have been prepared in accordance with the Compaiiies Act 1985 and the Statement of Recommended Practice.. Accounting and Reporting by Charities issued March 2005. Bedford Central Jamee Mas id a & Islamic Cultural Centre Statement of Flnancial Activitles |Forthe ear ended 30Jiine 2023 06.22,, Note IFIXED ASSETS .LTan8_Sble Assets 804,0591 807,397 CURRENT ASSErs Debtors and Prepayment5 ,Cash at Bank and in Hand io 650 384,993 452,377 | Credltors: aniount due wlthln onewar_ li Net Current Assets Net Assets 4257,086 ,; 1.194040 Financed b General Funds Designated Funds ',Restricted Funds 1,236,832 [171953 20,254 20,087 Total Funds L257,086 These accounts were ap_proved by the Trustees on ............ ............. and signed on their ehal (Treasurerj 8edfoYd Ceniral Jamee MasSld &151amicCulturdl Cèntr¢- 1081598

10 ford Central Jamee Ma5jkl & Islamit Culrural Centre- 1081598

l Bedford Central Jamee Mas Id a & Islamic Cultural Centre, Notes formln art rjl the flnanclal state .for the ear ended 30th Junè 2 2023 2022 Volunta Income: Firday prayer collertion i Members Donations onations Iother donations l Donèted !e¥.etables ' |Shab-e-borat collection ITarawi Collertio 40336.59 29573.701 . 3678.451 5687.06 33978.￿, 2943.27: 1105. 2238.40 4225.Ct),' 848.￿1 752.251 4335.(Kll.- 3962,￿1 2808.(￿1 2711.55 1 81.015.62 Eid-ul~Fitar Collectio Eld-ul-Azha Collection 2445.371 93,669.18 Income for eneratln funds: ftental I ncome from flats Chlldren & hafizi Classes l Radio Scanners etc Marrla8e certlfic13te HMRC Gift Aid PPE etc ',Advert etc 32658.ODi 7048.001 31777.201 5358.001 1270.00J_--..- 200.col 37237.101 9628.00 0.00 0.00 0.00 50.929.IXI 813.65 76,855.95 Investment Income: -JTotsl Incomlng resources 144,598.18 1 157.871.57 Staff Costs for religious act!vlty....- Children & Hafizl classe5 41455.00 1341.07 I￿0.( 10110.95 1973.37 555.10,, Transmltter Licence etc Heat and Ilght Water rates 7924.30,, 897.95,, 1050.(oI 435.45 3199.00 Telephone Bulldin8. & maintenante Noah Enterprise Prlnti n8 & stationery Insurance Le8al & professional PAYE and Penslons Al Khalr -.ISound system ', Membership etc 279.36 3651.70 792.IX) 92.80 1081.001 875. 1548.19 429. 1508.851 0.00 7779.90 0.00 77214.28 Refundslm Khan) 61514.47, 11 8edford Central Jamee Ma5lld & Islamlccultural Centrt- 1081598

1. Trustee Remuneration & Related Party Transactions No members of the management committee received any remuneration during the year. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.
2. Taxation As a charity, it Is exempt from tax on income and gairss falling within section 505 of the Taxes Act 1988 or $256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applled to its charitable objects. No tax charges have arisen in the Charity.

3. Tan Ible Fixed Assets ible Fixed Assets.. Cost At 30th June 2022 'AdditionsL.....-.-.... charge for the year .L...-..... 'At 30th June 2023 1 15,683 3, 137 12,Y6 Attumlated Depreciatio At 30th June 2022 Charge for the year At 30th June 2023 35,123 ¥260 Net Bookvalue At 30th June 2022 Charge for the year IFreehold Prop.ert.¥... ......._____.. IAt 30th June 2022 IAddition.l...-... At 30th June 2023 790.711 790,7111 Total Fixed Assets At 30th June 2023 L...... __...__....- 804,059 12 dford Cenfral JatThEe Ma5lld & Islamic Culiural Centie- 1081598

4. Dèbtors Debtors & Prepayments 650.00 lo: Analysls fo Net Assets Between Funds: Restricted Funds Total Funds 804,059 650 Funds 804,059 650 375,(Y12 Funds Tangible Fixed A55ets l Debtors i ,Cash at Bank AC ending 4557 ',Cash at Bank AC ending 7428 20.254 20,254 34,165 22,916 1,257,086 34,165 22,9161 L236,832 20,254 -1 ii. Total Cash In hand . 452,377 13 Bedford Central J8meÈ MasSid & Islami¢Cultural CÈntre- 1081598