## **MASJID-E-SALAAM AND MADRASAH TRUST**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDING 30 APRIL 2025**
**CHARITY NUMBER: 1081944**
**ABBEY & CO ASSOCIATES 1ST FLOOR ABBEY HOUSE 270-272 LEVER STREET BOLTON BL3 6PD**
## **MASJID-E-SALAAM AND MADRASAH TRUST**
## **CONTENTS INFORMATION**
## **FOR THE YEAR ENDING 30 APRIL 2025**
## **Index to Financial Statements**
||**Page**|
|---|---|
|Legal & Administrative Listing|3|
|Accountants Report|4|
|Report of the Trustees|5|
|Statement of Activities|6|
|Balance Sheet|7|
|Notes to the Accounts|8 - 11|
2
## **MASJID-E-SALAAM AND MADRASAH TRUST**
## **CHARITY INFORMATION**
## **FOR THE YEAR ENDING 30 APRIL 2025**
## **Trustees**
Maqsud Dawood Patel (Chairman) Imteyaz Yakub Ali Arif Valli Patel Yakub Ibrahim Patel Imran Hakim Siraz Valli Patel Yusuf Ibrahim Patel Imtiaz Ibrahim
## **Charity Secretary**
Arif Valli Patel
## **Registered Office**
4 Ramsey Street Bolton BL1 7HX
## **Bankers**
Royal Bank of Scotland Bolton Customer Service Centre PO Box 2027 Parklands De Havilland Way Horwich, Bolton BL6 4YU
The Co-operative Bank PO Box 250 Skelmersdale WN8 6WT
## **Accountants**
Abbey & Co Associates 1st Floor, Abbey House 270-272 Lever Street Bolton BL3 6PD
3
## **MASJID-E-SALAAM AND MADRASAH TRUST**
## **INDEPENDENT EXAMINERS' REPORT YEAR ENDED 30 APRIL 2025**
## **TO THE TRUSTEES AND MEMBERS OF MASJIDE-E-SALAAM AND MADRASAH TRUST**
I have examined the financial statements for the year ended 30 April 2025 as set out on the annexed pages which have been prepared under the historical cost convention and the accounting policies set out below:
## **Respective responsibilities of the Trustees and Independent Examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Financial Accountants (IFA).
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for an independent examination; it is my responsibility to:
- examine the accounts under section 145 of the Charities Act 2011,
- to follow the procedures laid down in the general Directions given by the Charity Commission
- (under section 145(5)(b) of the Charities Act 2011, and
- to state whether particular matters have come to my attention.
## **Basis of Independent Examiner's Report**
My examination was carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records.
It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts a 'true and fair' view and the report is limited to those matters set out in the statement below.
## **Independent Examiner's Statement**
In connection with our examination, no matter has come to my attention:
1. Which gives us reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act 2011; and
- to prepare accounts which accord with the accounting records and comply with the accounting
- requirements of the Charities Act 2011 have not been met; or
2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **________________________________________ Honorary Independent Examiner**
**Faruk Patel FFA FTA Abbey & Co Associates 1st Floor, Abbey House 270-272 Lever Street Bolton BL3 6PD**
Date ________________________________________
4
## **MASJID-E-SALAAM AND MADRASAH TRUST**
## **FOR THE YEAR ENDING 30 APRIL 2025**
## **STATEMENT OF TRUSTEES RESPONSIBILITIES**
Charity Law requires the Trustees to prepare financial statements and statements of assets and liabilities for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period together with its assets and liabilities at the end of the period and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are required to:
- (a) Select suitable accounting policies and then apply them consistently
- (b) make judgements and estimates that are reasonable and prudent
- (c) state whether the policies adopted are in accordance with the appropriate SORP on Accounting by Charities and the Accounting Regulations and with applicable standards subject to any material departures disclosed and explained in the financial statements
- (d) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue its activities
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with applicable Accounting Standards and Statements of Recommended Practice and the regulation made under S44 of the Charity Act 1993 as amended by Charity Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention of fraud or other irregularities.
Approved by the Trustees and signed on their behalf by:
Arif Valli Patel (Charity Secretary)
Date ________________________________________
5
## **MASJID-E-SALAAM AND MADRASAH TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **INCOME AND EXPENDITURE STATEMENT**
## **FOR THE YEAR ENDING 30 APRIL 2025**
|**INCOME**
Voluntary Income
Donations
New Building Appeal
Events Donations
Investment Income
Income from Charities Activities
Other Income
Membership Fees
Gift Aid Payments
Madressa Fees
Shop Income
**TOTAL INCOME**
**RESOURCES EXPENDED**
Cost of Generating Funds
Charitable Activities
**NET INCOMING RESOURCES**
Fund Balances Brought Forward
Fund Reclassification
**FUND BALANCES CARRIED FORWARD**|**NOTES**
2|**Unrestricted**
**Funds**
**£**
42,873
-
3,315
666
1,392
16,406
10,583
74,568
605
150,408
131,425
18,983
268,593
287,576|**Restricted**
**Funds**
**£**
-
633,749
17,565
-
-
-
18,991
-
-
670,305
5,666
664,639
2,182,858
2,847,497|**Totals**
**2025**
**£**
42,873
633,749
20,880
666
1,392
16,406
29,574
74,568
605
820,713
137,091
683,622
2,451,451
3,135,073|**Totals**
**2024**
**£**
28,817
517,362
7,706
4,778
1,012
15,208
13,423
56,679
1,420|
|---|---|---|---|---|---|
||||||646,405|
||||||121,051|
||||||525,354
1,926,097|
||||||2,451,451|
## **Continuing Operations**
None of the charities activities were acquired or discontinued during the above financial period.
## **Total Recognised Gains and Losses**
The charity has no gains or losses other than the profit or loss for the above financial period.
6
## **MASJID-E-SALAAM AND MADRASAH TRUST**
## **BALANCE SHEET AS AT 30 APRIL 2025**
|**NOTES**
**FIXED ASSETS**
As per Fixed Asset Schedule
4
**CURRENT ASSETS**
Stock
Debtors & Prepayments
5
Cash at Bank
Cash in Hand
**CURRENT LIABILITIES**
Bank Overdraft
Accurals & Creditors
6
Other Creditors & Loans
Net Current Assets / (Liabilities)
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**LONG-TERM CREDITORS**
Creditors due after one year
7
**NET ASSETS**
**REPRESENTED BY:**
**ACCUMULATED FUNDS**
8
Net Assets B/fwd 01/05/2024
Surplus for the Year
Net Assets C/fwd 30/04/2025|**£**
-
-
257,962
-|**2025**
**£**
3,236,798
251,275
3,488,073
353,000
**3,135,073**
2,451,451
683,622
**3,135,073**|**£**
-
1,595
79,138
-|**2024**
**£**
2,408,609
42,842|
|---|---|---|---|---|
||257,962||80,733||
||-
6,687
-||-
37,891
-||
||6,687||37,891||
||||||
|||||2,451,451
-|
|||||**2,451,451**|
|||||1,926,097
525,354|
|||||**2,451,451**|
Approved by the Trustees and signed on their behalf by:
Arif Valli Patel (Charity Secretary)
Date ________________________________________
7
## **MASJID-E-SALAAM AND MADRASAH TRUST**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDING 30 APRIL 2025**
## **1. Accounting Policies**
**(a) Basis of Preparation** These financial statements have been prepared under historical cost convention and in accordance with applicable accounting standards. The financial statements have been prepared in accordance with the Charities SORP October 2019 (FRS 102).
**(b) Fund Accounting** General funds are unrestricted funds which are available for the use of discretion of the Trustees in furtherance of the general objectives of the charity and has not been put aside for other purposes.
Restricted Funds are funds which are to be used in accordance with specific restrictions which has been raised by the charity for a specific purpose. The cost of raising and administering such funds are charged against the specific fund.
**(c) Investment Income** Income from investment and from rental income is included in the SORP in the year in which it is receivable.
**(d) Incoming Resources** All incoming resources are included in the SORP when the charity is legally entitled to the income and the amount can be can quantified with reasonable accuracy. Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. For legacies, entitlement is the earlier of the charity been notified of and impending distribution of the legacy being received. Donated facilities are included at the value to the charity when this can be quantified and a third party is bearing the cost.
**(e) Resources Expended** All expenditure is accounted for on an accruals basis and has been classified under the heading that aggregate all costs relating to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on the basis consistent with use of resources. **(f) Tangible Fixed Assets** Tangible fixed assets are capitalised and included at cost including incidental expenses of acquisitions.
8
## **MASJID-E-SALAAM AND MADRASAH TRUST**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDING 30 APRIL 2025**
## **(g) Depreciation**
Depreciation is calculated on all tangible fixed assets on straight line basis at rates calculated on the cost of the asset over the useful economic life of the asset as follows:
|Freehold Land|0%|
|---|---|
|Freehold Building|0%|
|Motor Vehicles|20%|
|Fixtures & Equipment|25%|
## **(h) Investment Revaluation**
None of the charity's functional fixed assets have been revalued during the year.
## **2. Cost of Charitable Activities**
|Cost of Sales
Wages, PAYE & Pension Costs
Honorarium & Admin Payments
Consultancy
Rent & Rates
Heat & Light
Insurance
Repairs & Renewals
Equipment & Books (Kitaabs)
Functions & Activities Costs
Advertising
Telephone
Postage, Stationery & Materials
Subscriptions, Licenses & Training Costs
Legal, Professional & Consultancy Fees
Bank Charges
Sundry Expenses
Depreciation|**2025**
**2025**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**
549
-
67,130
-
-
-
28,617
-
2,767
3,513
13,238
2,052
2,485
-
1,034
-
2,297
-
8,341
-
-
-
-
-
10
-
2,121
-
-
-
2,227
101
-
-
609
-
131,425
5,666|**2024**
**2024**
**Unrestricted**
**Restricted**
**Funds**
**Funds**|
|---|---|---|
|||**£**
**£**
841
-
84,505
-
-
-
3,003
-
4,106
858
14,673
-
2,342
-
572
1,293
2,248
-
3,552
-
-
-
-
-
174
-
807
-
-
-
698
770
-
-
609
-|
|||118,130
2,921|
## **3. Trustees' - Related Party Transaction**
There were no related party transactions nor were any payments made to trustees for any services rendered during the year.
**2025 2024**
- - - - - - - -
9
**MASJID-E-SALAAM AND MADRASAH TRUST**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDING 30 APRIL 2025**
## **4. Tangible Fixed Assets**
|**Cost**
As at 1 May 2024
Additions
Disposals
Reclassification
As at 30 April 2025
**Depreciation**
As at 1 May 2024
Charge for year
Disposals
As at 30 April 2025
**Net book value**
As at 30 April 2025
As at 30 April 2024
**Breakdown of Land & Property**|**Land &**
**Capital**
**Asset Under**
**Motor**
**Fixtures &**
**Total**
**Property**
**Improvements Construction**
**Vehicles**
**Equipment**|
|---|---|
||**£**
**£**
**£**
**£**
**£**
**£**
2,410,005
397,442
-
2,010,125
-
2,438
828,798
-
-
828,798
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
||3,238,803
397,442
-
2,838,923
-
2,438|
||1,396
-
-
-
-
1,396
609
-
-
-
-
609
-
-
-
-
-
-|
||2,005
-
-
-
-
2,005|
||3,236,798
397,442
-
2,838,923
-
433|
||2,408,609
397,442
-
2,010,125
-
1,042|
|||
|4 Ramsey Street, Bolton, BL1 7HX
7 Pemberton Street, Bolton, BL1 7HU
Brierfield Site, Bolton, BL1 7JJ
733 Blackburn Road, Bolton, BL1 7JJ|**Land &**
**Asset Under**
**Property**
**Construction**
**£**
**£**
135,736
-
90,212
-
-
2,838,923
171,494
-
397,442
2,838,923|**Unrestricted**
**Restricted**
**Funds**
**Funds**|
|---|---|---|
|||**£**
**£**
135,736
-
90,212
-
-
2,838,923
-
171,494|
|||225,948
3,010,417|
10
**MASJID-E-SALAAM AND MADRASAH TRUST**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDING 30 APRIL 2025**
## **5. Debtors & Prepayments**
|Gift Aid Payments
Debtors & Prepayments
**e within one year**
Trade Creditors
Accruals & Other Creditors
**e after one year**
Loans|**2025**
**£**
-
-
-
**2025**
**£**
400
6,287
6,687
**2025**
**£**
353,000|**2024**
**£**
-
1,595|
|---|---|---|
|||1,595|
|||**2024**
**£**
33,817
4,074|
|||37,891|
|||**2024**
**£**
-|
## **6. Creditors: Amounts falling due within one year**
## **7. Creditors: Amounts falling due after one year**
## **8. Accumulated Funds: Analysis of net assets between funds**
|Funds balances as at 30 April
are represented by:
Tangible Assets
Current Assets/Liabilities
Fund balances carried forward:|**2025**
**2025**
**2025**
**Unrestricted**
**Restricted**
**Totals**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
226,381
3,010,417
3,236,798
61,195
(162,920)
(101,725)
287,576
2,847,497
3,135,073|**2024**
**2024**
**2024**
**Unrestricted**
**Restricted**
**Totals**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
226,990
2,181,619
2,408,609
41,603
1,239
42,842|
|---|---|---|
|||268,593
2,182,858
2,451,451|
11