REGISTERED CHARITY MJMBER: 1083080 SALAFI BOOKSTORE AND ISLAMIC CENTRE REPORT AND FINANCIAL STATEMENrs FOR THE YEAR EIWED 30 SEPTEMBER 2023 SALAFI BOOKSTORE AND ISIAMIC CKNTRE CONTEf4TS OF THE FtNANCIAL STATEMENrs FOR THE YEIAR ENDEID 30 SEPTEMBER 2023 Page T￿slee,S Report Ind¢pendettt Auditor's Report Staternent Of Financial Activities 12 Balgne¢ Sb¢¢t 13 St*ternellt ofcasll Flows l4 Notes To Th¢ Fi#atttiAI Statements 15 Income & Expenditllre Ststement 21 SALAFI BOOKSTORE AND ISIAMIC CENTRE REPORT OFTHKTRUSTEE8 FOR TFIE YEAR ENDED 30 SEPTEMBER2O23 The Tr￿lOeSNeSentlhcir re[XXtw￿ audited fIn￿￿7a1 stateMe￿$0f Ihe¢hAriiyfor th¢yw ¢nd¢d30 Se¥*mber2023. REFERENCE AND ADMINISTRATIVK DETAII CHAIUTY NtJMBEIL' 1083080 REGtSTERED ADDRE&S 4T2 CoveDtryRoad S￿￿1 Hcath Birrningkn BIOOUG XECUTIVECOMMtrrEE CHAILUwffAN MrNig¢l kndr¢wFW￿i8 EXKcUTIVECOMM￿rEE SECRETARY MrAmjad kafiq TRU$TKLS kIrAMj￿Ik￿fiq MrAmj&l Hu￿ain MrNiBcI AthWFY￿￿i5 AccovKfANrsiAill)￿ORS MATGloknl Lithtltd 51b8h8ale Bwir*55 Centre Hi8hgatc RD BIrmi￿a 8FA BANKEIIS Page l of21 SALAFI BOOKSTOREAND ISLAMIC CBNTRB BEPORTOFTHEIRusrEFs IIOR THKYKAR KNDED 3• SEPTEMBER 2023 ￿T￿￿te¢S pre5enttheir¥myal report8Thiaudit¢d fI￿n¢la1 siateinellls f0rtheycar¢T￿d3o SfptsmbÈr2023 andconfirmthat they complywiththe Chatili¢S A¢1 2011, Fhe T[￿￿Deed the CharitK5 SORP applitsbietochariiiespropArin8 theiraceounl8llJ ￿0[danc¢Wilhthr Fin￿laIRePTrn1n￿ StsThlaTd appli￿le in tho UK 8Th1 R¢pubJie OfItel￿ IFRS ID21. AdmiDibir#livt Inf4r*ballon T￿sttts f¢r Ih¢yearellded 30 Sepicrnber2023 wer¢w follows.. MT Amjad Rafiq mrA￿j}￿l FIu550iTr MTNig¢l Andr¢%v Frart¢is . TTU5t¢e -Twst¢¢ -Truslee l. CowernADee,Stru¢iur¢*nd MI￿￿g¢￿t￿t CoverTrlng DDrumettt Salafi Bvokslorr a￿d￿l&time Cenlre constituted osachi1itobjeTr￿1￿wstOr¢d with Charity Comnus5iollon 30 octob￿ lo￿ wdBr tho ch8rity number 1083081). It 15 goY¢tna by?Ttu￿D￿r1L dated 23cdJuly 1999.wnendedon IstJdy2019 Thc ITu51rG5 arcappointed bya resolutton of ihc ttwtee5 Ewedat as￿111 M¢rfingealledu￿[￿¢1aU5e,D of the Dcedof Tr￿( The It￿Stee&￿¢T¢Swn5￿b]6rVrlh￿ foltVlMn8. -Thedayt(bday iunniD8 of IhF bwkstore£ttd O￿lThe ￿￿X)kStore. -018oni$tiJge¥¢nts f¢rpEowgAtiokof th¢8oals of Ihe¢h8rity, -All administsati￿ 1ffatrs￿[tt￿￿to tkch8rity. 2. Oble¢llY¢s &dAtli¥itit8 OllrAlms TheobjeCt￿¢S of th¢th￿lty are8rtOUl itt th¢ CknFiVsTnL*IDttd ond beeyres%•J asfolknws inslightiy mor¢detail.. - Topublithbwks attd l¢an¢ts the￿￿erS￿1n80fthcSa1afi beli¢f3 amd pM¢ti¢es - To prDvid¢aknDks¢otcin a5rf¢ and￿￿GD￿JJtt8ctt¥lronme￿t0penf￿￿ll Tell￿on5 andpeTSWOW w ¢om¢ond l¢arD Sdarli￿lier& ptd ptÈelic - To a&vBn¢e tbt educ4tion oflhecixnmwiity, JD parfi¢uiarMwlim$thEou8hth¢ Wmllen&Dceofedw4tiLK￿I utablLshmert%attd mwues PA￿2 of 21 -Togdvdnce the ￿[￿et￿le pict￿ Sai￿1 ￿llets ￿￿practICeStharcall io IiFingaloJyideall wpl¢pea¢efullywhiJ51 oné5 faith - To¢neouragc g￿d behavi0rz￿d kind r<>ndwtbrtweEll Mu51iTns ￿QdnOn-mU5lIrnS - To teacjj that followngdifferentEe1wo￿ Sho￿& wl leadtocxlrErni5mof 5ntol¢ranLY wilhin¢onJmunili - WorkEn8 With scknoJ4cDll¢gesaThJ univetsilies lo *lY&ncetheulldeEStand￿g ofsalHfi b¢licf&and prac11￿5 - Enh8tv asense of belollg￿galld 8lt*henc0Dunilll￿llt to wcietyalld its bEttell]mil - To ¢dwat¢ MusliM$3Ndllon-h￿￿lItt￿ob0ulthcd8Thge[S of¢Xtre￿Is￿ ond inr¢rticulat viol¢rt1te￿{￿￿I Ihot is notsgn¢iioned in &ll￿vaY,foNll Or[n￿r. Intkn T¢ydwe c0rttiTh•prd￿e leaflets, audlolÈthJ￿s aDd book$thaiaim10 ¢dueat¢ 8ndplAyA roi¢ in d¢-radiwIi8￿i0n -To ¢ooperate with l¢¢al pdi¢¢ ICouttt¢rY¢ttorism Utlltl 4nd the'Pr¢vulT¢8￿. to bejp illcourfeiing&xtr¢Joi81 ideolo8Te& In this tewdone 0fourtnthe3deli￿wj a lectuRal the Police Iwdquarters in Binnin8h4 -EMpow¢rlhe comnwnitylo bec￿rne 8SPittn& effective woductive members of ih¢Brilishsoci Ourobje¢tiWATC sd¢o retkct thelBiamicSalafi failhand communityaims. Eachyearour Irust¢es reYi¢wour obieclryes4ndac*ryilies ¢0 ensuretknycontinueto iefle¢£owaims. In ¢anyinEwtihi8 1¢vi¢wt￿￿￿tecg h&v¢ ¢On¥ide￿4 ttKChgrityComM￿$1QN,SgCn¢r8l W]id8￿¢0￿ bli¢ b¢rt¢fji. OurÈiill f¢ftsQinS t0prov14ktheumn￿ty.mUS￿kTh￿ and Aon-musbms alik4 IIKopportunityloleam about Satsfi Is￿MIetenC￿ prqc1lv￿ 8lld worship. Ourambilion is to build IksElfwntlden¢¢tsfthem￿s1￿lls irtthelrf￿ihatsd thrwthwrefEorts and￿$¥It1¢S h¢lpmak¢iw so¢i¢ty pe8¢¢th1. vibJanlY￿d hAnnortifyvs. StrAteBles An impowtanl part ofour£tratewistOn￿￿￿ItyspIritV￿ MtlfaYewJddu¢ati(rfJ. All (th¢ommuNiya¢liwii¢sin¢ludin8 ¢lass¢s a￿1£¢￿1￿ar9?1e odY¢rtj¥rd Und￿1¥dcvrnCth¢ particip<oJTr of011 inour l(ul coDmnty. mu811￿￿ 8ndnoTrMusJims gliko. All of oura¢tiYitM are free DThJ supported bypwbl1cdo￿tl(W. 3. Rttrultmt*t *ttd ApptsllllmeLtofTrth8tets The¢xistiTrslrusleesx¢ t¢sponsibl¢ foFih¢ re¢twtmenl of n¢wtn&stee$but in doing so (Tus￿e8 8e¢k tho W¢MY and r¢tom￿Ndall¢)ns i>fbTrih ¢idrrJ tcpresenta1tL￿. trusiee11￿bev¢thiS approAchenSuresth¢Jwm￿￿cS￿c respected rn￿nber8ofITrKf￿ilh cornm￿1ty and hell5ureth*8(￿TelatitsnSar¢ fost¢ftdktween Ihè¢harliyST￿ thepe¢pl¢tsfth¢ ¢ommunttythatW¢ 8¢ry¢. InselecliThgnew1Th5l¢￿, seekto identify￿0p]e whoregulatly4tte￿ ¢vents0￿[ fun¢iion$(wrtis¢d byth ¢l)arityand ¥E¢willin8 lo ypluntrrrty hrlp ￿DU(brQade[ ¢ommullilykn4)rk Poienltal 8te inviied lo attend Irustecs mectin8sa5 obse[￿5 and are giTKn rnor¢detsils of t1￿ charill5 a¢li¥ities ¥nd.ilal1o￿t. Ilwar¢then PToposed a$ne%vin￿Ieesat th$$ubswu¢nlir￿IC mrdin8, pr￿￿￿￿1knYSdUe eonsid¢raLioib of ¢li8ibilily. pers INTERACT WITH NON-MUSLITrAS FUNE AN-ALITIIINTIE.. tsx£TEP.IBIY STEP G￿li}E.1 *DI THE PROPH MUHAMMAD Suppllcatlons PRAYER AND PURIFICATION I FAS.T.ING IN trij RAMADAN THESE ARE THE "NEIIIYIWFSIID . IVEIARIIWIN ijots PkiTLNII Pog¢ 5 of21 Addllioj￿llY, have5evval book publie&iions th&r8r¢sold Ebrough Ibe ￿Y81￿1 bot*5tytr atd thr onIine bookstoio. win fOrtI￿pu[pOse of di55crniTratln87￿d Salafi thjCtri￿. 09.IIAbo o 50% OFFI IKt'ilF G or , F*ROPHET'S PRAYER POCKETSIZE P28r 6 of21 ServeY81 newpubticati0n5l￿rc pthlithrd duting thi1ycar.and Iba i8￿￿teled on the Solafi B0Dk5tor¢￿ l￿bsltt IWMv.￿1rIbOokS10I¢.verkey fI￿ancial systerns. Iwll piovjdBSuff￿Itllt iesDurce5 in thEr￿n10[ad￿[scw￿dl￿1onl Ih¢tru5te¢s have also¢Yamined othei Ope￿1101￿18￿d iMLsinessii5ks ￿(¢d tylhe thprity*rtdttsMfinn thaithtyh8veestabllshedsysteTr￿1o mill￿￿ 5i¥ttufjcwil ti5k5. 7. TrUstee'5Rt$po￿$1b1]111￿¥ kn re￿110￿ lo the FlnA TrcIDI Slalemtnts I'hech￿ltytsuslCes OT¢ t￿￿1blefOrpICpa[lnga￿￿ThnU￿ report aDd fInw￿l01￿1fjteMents thaCeard8￿t ap￿Icable lawof Unilcd Accowlin8 Standsrd8(lJnited Kittgdom G¢nernllyActtpted Praeticel. Tbc 1awyppjh￿b1e lo charities ill F.￿￿4Thd andW￿L￿ requi￿{he ehubty Irusltts tow¢patefinanBial stht¢mcnts foF¢Hth PEriodwhicb 8IYe o tru¢ ￿d(al[Vi¢Wof th¢ stakof affairs oflhc chATity of the inwrning resour￿ 8ndapplie￿i0n0f resourcesof Ih¢oIw￿tyfoIthRt per￿d. Inprcparing Ihc finun¢ial stsI￿lIentS. Ihe tnw¢u 8rott4uir¢d lo.. Sel￿t3ulIqble accowtting poJi¢ie$8ndthu &pptyth¢m con&i%tently Obser¥cthe rnet1￿ WMlwin¢ipks in the thgriii¢s SOLIP (FRS 102) - Make Judgments8JvJ esiungtes that4r¢￿?$￿&b1¢ 8ndprudent StAte whetherapplTuhle*ceauntingstawJ•Rts hav¢ be¢nfolW subject toanyJnot¢TiuI dEl￿rture5aiSQIoS￿a￿d ¢xplained in th¢filw￿lSI thlements Prepare Ihts fin8tt¢i81 statemenls onlhe8oin8concem basisuTrlw it ig Inappropriate topresunK th81 Iheth8rity will conlin Pag¢ 7of21 The Iru8iccs are ttsponsibk for kttping proptsaecouDtingEcrord¥ that iwih rca5onabl¢ acGura¢y Btanytirnr Ihc finaTKia posilion ofihe ¢harity and io EiTrable theLn toensurethat rhe finBnci&l statcmeThtscornFly wilhthe C￿￿tIe9ACt 20118ndSORP Ir.RS 1021 They are also responsible for5afrgthitsgth 455Cts0f￿ ¢Iwity￿d hrnrr Ipking rc45onabtD slep3 for the ￿ventIOnall0 d*¢liQnoffra￿j and¢therjtreg￿4IitIcS. The ¢twÈeeshi Il￿pU[poSe5 of charity lewwhDsetvedthring th@p￿1[￿ up to the dalooft1￿S rel￿rt Ère setOulonpw2. Thi5 reportth8sbeen prep&red ittaeconf&nco wiih Iheeharilies Act 2011, thÈ TwytDeed artdthe Ch3[it￿5 SQRP 3ppI￿abI¢ lo rh31I1ics wEwring their￿¢4)unts In awMdatKe iyilh the FinancialRep0ttinsS￿dard applicable in iheUK &Republic of trel8ndlFRS 1021. MATGlob81 Lllniied h&%bÈeniJyoti)ted asAuditOr in prwrdarKowthS¢rtion 144 ofthBChari1i￿ACl 2011. Appro¥od 29 j￿Iy2￿14 by tb¢ Iruil¢ts •nd SiKlleil thelrbehalfby: MrNlgelAndrew Frnlltls Tr￿tee P68¢8 of 21 INDKPENDENfAvDITORS' REPORT TOTHK 1'll￿'r￿lS OF SALAFI BOOKSTORE AND ISLAMIC CENfHE riOR TIIK YKAR ENDED 30slvf￿mBKRI02j OplniDn We have audited th¢fin￿cial S¢Atemtttts ofSolafiBookstoresThdl8lami¢Cthtt¢l'ihecthaTity'I forih¢year¢nded30 S¢piemb¢r2023 %vhi¢h¢ompriso thr Ststrm¢nlof FiDwri81 ActiVil￿5, Shrrt, CashtlowStstcm¢ntand ID ihc fthattci21 statenirrtf4 irttludiDBs1gnifjc￿t acelllthfikkg policies. The financial repwtinsfrdmework that husbeen opplied 1ntheirpr¢￿ratlQll is applic￿1¢ lawand Unilcd Ki]wloin Accountins Stan￿d5. includir¥ FRS 102 Th¢ finaTKial R¢￿[¢1￿8 sta￿da[dappl1￿￿k illthrUKsnd R¢publir of lu￿t￿ KinBdoth (knci￿l1Y Accrptcd AccouNIts8Piacflccl. Inour opinio￿ tho fiwwial 5taktnuts'. ' givc alrw and hir Yi¢wof th¢ 5f4t¢of thr tharity'salhiri lsat 30 &pfcrnirr2023 alld of iU% InCoJTrl￿1r's responsibfjiiies forthe auditofthe fitMncialstst¢metts &eclioDrfourr¢wt. WE llthp¢ndclltof IhBrhaiity In A￿￿￿an￿¢}yIlh thE ¢ihical requitemettsthaÈ3tE relevattttts(x]r￿dItoethB f￿￿￿1#1 sthnwjts ittthe L￿, itttluding the FRe's Ethical Sta￿ard andwe have￿lfIlled our othei ethte￿ re5PQD5ibilitie5 w1ththe5erquwellK￿. We betiev¢ thattheaudit evideDcew¢ have obfaTned ￿%￿f￿[wen1a￿d 4p￿P￿i4te IopKDvid¢a forowopthion. Conelusloni relallnstogoing In 41OitirtgthE fjhèrtctttl Wertth,weha¥eti*￿l￿ed thÈt thÈTr￿lItt,￿U8e of the going b￿lS or￿CO￿￿￿gIn thcprepArntionofth fina￿la1 statements is apprnpri8t B￿d onlbewotkur buve not i&nirfiwJ anY￿a￿laS ￿Certa￿lI¢S[￿a1￿ng1O ¢v¢otsorWndil￿jl5 that, indivth1lyotrollxli￿fy. r&%I3i8nifi￿￿td￿btOllth¢ Charity'sJbitityto CortliN￿•S a80ifjgcof￿eMfOrttVj0dofthIe￿Yt 12 fromiryherjthefitjancid Ststen￿t5 are&utknrised far issue. Ourtcsponsibilitiesand fhete5pon￿￿II1IIe8Or Ihetrwttts wilhTe5PEltto going Collr¢mar¢dE5￿ibrfj in th¢ ￿kya￿S¢￿tIDl￿0fIhis ￿P￿rt. OlherlllformAllon The other coDwii5CS thE infon]￿tIon included in Iheannuai rryt¥t, i[KI￿￿ing ihe Iru51ee5' Tctxxt. 01￿[ Ilwn th¢ financial ￿atemEntS at ouraudiiw'¥ rwort th¢reon. ThE ttUStEts afeKeSPthsible for theothÈritit0mati￿ co#ta￿edwlthLtt the anttuai rep)rt O￿0p1￿110tt oll the fin0￿I91 statements doesnoieovErtbeother llthimationalld, exc¢p*to the&xlelll othetWi8¢eX￿icI11Y stoted inourTwrt,w¢do llDteXwe￿ aTryfonn of Conclusion Ihcteott. Ourresponsibilty i%tts￿Ad the rAherinfottnetiDn8nd. indoimg ￿ considor*thetherth8other inform*tion is mat￿le11Y inconsistentwith the fina￿&@1 statrrnenrs orourk￿￿ledsc obtsit￿l iThthe coun%eofMIB audit, oioibeThvise app￿S to kjnuterially IMisstate&. If idertify surhmat¢tiai i￿0￿$1$1￿¢￿ orapp4renl nwtetial mi5StatementS, we are required iodetemiine ivhetherthis yves iiseto aiK*th8iMisstètemtt￿tTh the staierncnts iheDis¢lves. If, b￿d￿llthe wotk %ve bAv¢perfoJme¢ ￿E¢01￿ludcthdtIberC is a nJRteiiJl mi55t0t￿KnI oflhis olbet llthtmalion, we ate wul￿dt0 Teportlhatf Welh%ve tsothithÈ ￿ ￿t￿rt iiithis regard. Maltersyn whl¢h we 4r¢ ryqllirEd to repoTlby Èxceptio ID the li8hlof the knowled8¢ aTrl ut¥J¢rskMinsaflh2 charityth] itsethYwonMentabtats2ed th thÈttstsr&t tsf the&￿It. Th* ￿ve fjtst iderttifiÈd mattrial mistht¢m¢nt$ the trustees. report. We have nothim8to r¢wn InreS￿¢t ofthefollowthg D￿Sin rdation to￿l¢hIhE Ch8riti¢s IAecouDts atxlRepotslR¢8ulatiOJLs2W8 ￿quit¢uS lo re￿1 toyou if, in (wopinion". Ihc infoimalionsiypn in the tru5teeS' teporti* tiictins13ttrtt in wmthri81 re2WtwiththÈ fin￿1￿ sldtaiidits. or •suifiCicntwxountins￿ord% hHY¢DQt W kept, or • the stat¢￿￿nIsZte rnti])48¢eeihErttwith￿*£0￿itinEfee0rdS. or have notFeceiv•J all the informnlion arKI¢xsAanalioDs ￿ rewi1¢ forouraudit. Pw9 of21 Re¥pTrwlbllltsES of truslep As ¢xplairt¢d llkniclully tlLtiwslees' re4)0Th8ibililtes sthtemem setoulonpjges 7.8. the tru8lee5 arere4)0￿1bIc forihc prepBration of I financi￿ State￿6n188￿ for bein8 sati5fi¢d Ihatthey 8tvealnT¢andfaiiview. fOr￿￿h inleijkaicortrd astlL¢lrustee5 dete[Mi￿J8Jtr￿55ary Its ¢n&ble th¢p￿paratIon of fiTranrial slatctnyts that ptr tr¢ frorn rnatrriylrni5sl*tn¢rf,M&rthc[d￿ tofraudor c[(￿. In prcgaEinBlh¢ finanrial st*m¢nl4 thBtrustccs afG rc3punsibir fot 8Ssts3ingthc ¢h2rity's abilityto pts a go￿8¢C￿e¢￿. dilci08i￿ appli¢kbl< mattersrdated to 80in8concerng￿l using ihe80itt8c0r￿4rn basigof8ceounlitl8 unleBSthe Irusfreseilherintend to l¢quidale the charity Or￿ cease ￿tationS, 0[ha￿ no rcalislioal¢crnativcl￿t lodo30. Audltsr's rel￿￿11b]IlliVS fortbe alldlsof the fiDan¢ial stAle￿ellts WehavebetDap￿1lltsd ￿ audito[u￿Brs￿I1on 144 of UKChatiliB&knt 2011 andJBport ivith Ihv Ad arKi ￿1VY&￿t r¢8ulatiQTr5 madv orhNn8efftcltlKreunthr. Owobjectives O￿t0 oi*AFTh r¢a5Dnableaysur&nce4b￿ts whrfherthB *atemts tsawknieaye free frojnmaterial mi%slatsmen¢ivhetl*r duÈ to fraudorernor. andto issueAn auditor's rryott that llwludcsouropinion. ReaSonableassuia￿< i%ahi8hlevel of asswanc4 b￿lis￿otag￿aTa[ thot an &udil cDndu¢ted ID aC￿r￿ance ￿th ISAS (UKlwill alwaysde¢ecla ￿a¢eIth[ Misytsteme￿t knitexts Mi%statetnents£on Bri5B fioTn fr&udoryrorand ￿(anSid¢rEdrn￿rlol if, indiv￿￿allyor intlragwt4 reasonpblyb2expErted to inj1ut￿CÈ thè e¢onoMtc do¢isioms ofu5ers tskeni)nthe bas￿ of these finarncial st*m¢nts IrrÈgu18ritiL¥. inclLding fiaud,are illstsnces of nowDwliallCeiYith]awS￿ ￿gUlatiOnS.￿¢ thsi8nwoce41ur¢s in bne witbourre5poJLsibilitic4 ouiliiied *oY4todele6tmat¢riel Mis5(ateTnc￿t3 EC5pecl of irr¢8uLirili¢4 i￿lUdingfi￿Ud. Th¢eytenlt(bwhirhoui wor¢dur¢5 ar¢ ¢apAbl¢f)f detetting isre￿arIti¢L ineludittg frnud 1$ ddwkdhloiv.. • ihE en8a8Èmtntp&therettsuredth&t Ihetttgagement team ¢oll¢aiv¢lyhad th¢8ppiow8t¢eompetencE ￿pAbIlitieS9￿d$kI1￿tOith1ifyorree08u1$e t￿)n-co￿￿￿￿ll¢e wi1hapwl￿abk [aws￿d r¢gulalion8, • we id2nti*ed the laiwsartd regulatiljns 8ppltcableto ih¢LY)mp8ny throughdiscw$ionswiththw¢es and oth¢rm8naBcmeM. and fromourei¥mmtr¢i81 knowledgealld txperiet￿e oflhe islami¢ ie]iKiousscctor, fwwed on%￿tIf￿ lawsand regulations 1¥hich￿ t(A￿ldered may ￿v¢adirectm&t¢ll￿ off¢¢t on the fir￿1¢1&1 rtateM￿tSOrth¢op￿8IN)ns 0fth¢com￿y, it￿1￿ingthe ChpJilies Act 2011.laxa1ion1c8isiatio￿dOtuprotsClIon, anli-bribEry.employwKnl.enviTonThcntal and hEdthafid.*fetyiegixlatl(In'. • we a&s￿Se￿ the ¢xteni of QNMplianccwith thclows andTe8uIAlions idcDlificd a￿¥¢th[ou9h rn*Ins¢Dq￿lveS 0fM￿se￿￿￿t and Inspedi￿ Iwl 4 Identified IAWS ￿ r￿Ul￿tIonS Ivhichwu¢ comrnuThi¢thtl llrylhin Iheaudiltcom rogu1￿[ya￿a Iheleam r¢tnained alErt ¢0 InstHr￿$0f nowoJnp1￿￿(C throu81￿t theaudit. Weagsessed the8Wtibilityofth¢ compAny'$ finawial statemonlsto material M￿￿atement, I￿￿￿1￿8¢b￿1ninS3n U￿derS￿￿d￿8Qf bowfraud rnighl occw, by. . thiakinsenquifies ofn￿nagernen[5S to wherolWeon2idtsrtd therow8S 8uyceptl￿lity lo frnud, their knowledge of actu￿. susp¢ct¢d and ￿le8ed fraud,. • CODsideill¥ the illtstnal contsoEs in pla¢¢ lo milrgal¢ risksof and non-wrnpl14r￿ewiI￿lI￿5 andTwlati￿￿. ToEddtess theii8koffr8udthtOU8h tnaTWBnt biDS ond ovetride(bf¢(￿tTO1￿we". ' perfonlled all9tyticnl pmcedurcslo idtrntifyany uTruwAI orunexprthd relalionshirrf, • te*Èd J￿rnal*￿trI*%￿b idÈtttifyunwual tr8ns&ctions' • 8sSe35edWheth￿ j￿Jgemen1S￿￿ A5sumplion5made in dctcrniinin8the ucwuntinBestiTnat¢s were i￿1￿41[yE rfpolertK?I bw" • ithYekn8ated the r•fional¢bthind sigmif￿ant￿rUnu￿8l In￿sp￿tt0 the ri$ktrf iwl8rii￿S &t￿l￿n<9mplian¢e iwth bws•d r¢8ulati¢roJ. w¢desi8￿[p￿ttdUr¢sWhlch in¢I￿led. butwcr¢ nrtlllniwdto.. sr¢¢ins6n•n¢ial ssatem¢ntdis¢lowros ￿v￿1￿ly1ll8 8¥PWrtinsd¢¢um¢*thliOIL • rea(bngthemi￿1e3 ofmeetiwof those thargedivilh gov¢TnAncE", quirins of i{bact￿l 8Dd ￿tt￿lIa1 litigation and¢l*iMs' 4 ieviewing compolldencewiththE CDJnwy'8 IW advisi￿s. Tbere 8teiEtherent llltlltatio￿ ￿QU[aUdItptOcc0u[e5 de5cribcd Thc mOTe [erno￿d thall￿vS und rg8uIAIIoD5 ate frorn fiTrdncial ttHD5act1o￿. thE k55 likety iti3thatwe wiwld be¢om¢at¥awofnon-¢omplianrt AuditiDBSt8nd8rdsd50 limitlh¢ audit pr(K%durts rtquir¢d to td¢nlify noll-corttpl1at￿£ WiEh16w& andTe8ulatiotLStoenquiryofih¢ltuslees Ot1wrn￿W￿￿Tht￿d the lllspecti￿ of re8￿1￿10ryand le8al if Mthrial illi￿atem￿tstha¢ ￿lse dv¢ tofrawd ¢an b¢hartst¢ det¢dthan thtt¢ thet arisehom ¢Noragih¢y may involv¢deiib¢rawwn¢ealm¢nt ¢ollysion, Afllrther desuiptionof OUTrespoThs1Thililie5 foi Iheauditof fi￿￿￿￿RI slthm¢nl8 I51(￿d oThthe F]rw￿la1 R¢pDrtin8Council's at.. lvww.fr00r8.ukla￿ItO[s[CSPtsn$Ib1Iltie$. This de8criptionfom￿ part0f¢ura￿llt0r'S report. Pa8¢ 14)of 21 MAT Gtobal Lirni￿d Fs ¢ll￿bIC forap￿1￿¢n￿nl&S ouditorof IFK¢hgtitybywrtueof its tli8ibility fOr8p￿Intment &q&udilor undttSectEOtt 144 of the Charities Act. Use o(0urre￿rt This rewrt is mod¢ solelyÉo Ihteh8rity'strth%leÈ8. aga knfy,in ￿￿rd￿EWLth S¢clion 144of 1￿chUntI¢S Act ZOI l ond the rwlotiOll5 ME￿¢ ut Section 154 ofihAt Act. OuraiKlitlw)rk￿ bEen utlllertgken so thatwe might ststo tothe tKusteÉg thoie In8tte¥$i* aTere4ulted tos(atekn Ihetn inan audilor'syeport and for tto oth¢ipvtP95¢. Tothe fvll¢sl extent pctmilled byknw. w¢dollol accept01￿￿1￿¢ ItsponsibilitytO8nyon¢oth¢r than Iho dwity.8fi￿c5￿ &b￿ly, tsourBuditworK forth￿ report. or fort￿tip]NiOnxlve havÈfoymed Dat¢d". 29Juty2024 Moh irlSep¥w&othtoryAwditorl MATCFl*halI.Imited 5 Hi8l¥otr Businw Ctllire 'sh￿teR08d BinMi*8h8m B12 8EA P8ge 11 of 21 SALAFI BOOKSTOREAND ISLA(¥JIC C&P4TII srATEMENf OF FINANCIALAcrivrriEs FOR THE YKAR ENDED 3D SEPTEMBER2Q2J Rostrtilcd Fullds UDrtgtricted TOTAL TOTAL Fv•d6 2•22 E4llts5 In¢tsmlngRe$Dyr¢e$ fm Donation4 Ic8aciesand 8imilar 427,058 427.058 319,696 Incomin8 Resowe¢s frixTh Charitable4¢fiVil¢eS 826.148 826.148 731.448 n¢omuwResow¢es from Rellial Incoine 31,596 31.596 31 J96 3,684 TOTALINCOMING RESOURCES 1284.802 1,284A12 1086 424 R￿f￿r¢￿sE nded Costs ofGenerntiug funds 143,142 143.142 147.910 Ch￿l1&bleAc1l¥ities 694476 696.476 769.644 17260 17260 14.nj TOTALRESOIJRCTS EXPENDED 856 878 856A78 OTHERRECOCNISED CAINSIILOSSESI.. on ieYdua(ionOff￿ed assets NETMOVEMENfiNTrUNDS 427 24 154 137 ONCILVITION OF FUNDS TOTAL FIJNDS Br•ughl tonyard 1534 862 1,$34J62 TOTAL FiJNDSCArried fonYArd 1,962,786 1.534 62 Pdge 12 of21 SALAFI BOOKSTORE AND ISLAMIC CINTRE BALANCE SHEET AS AT 3D SEvfEMBER2023 WDIe5 2023 2022 FIXED Assyrs FieehAdPiotty& IDJWoVe￿ellIs Eqiiiwl P￿1 & hlacbinery Fixtur¢5 & Fitti 811527 81S,418 5.575 8,250 2.236 831479 6,187 1.677 823J72 RRENT A Stock D¢MotS C8sh& Bsnk Aceounl Balances 12 ij 161,430 50,063 950,932 26,748 59.155 629,898 1,162,425 SS CREDITOIIS.. Arnounts Falling Due Within 0￿Year 14 CURRENf (LIABILITIES) ASSETS 1.962.786 1334.862 LE REDITORS.. AlnN￿tS F2Uing Ducafter ￿0t¢tha￿vrle Year TOTALASSETS LESSTOTAL LIABILITIES .962,716 THL TrIJND80FTHE CI4A Utste*ttieied GenerailD¢51gialEd PutP03¢ Funds BIFwd F￿r￿)￿O ￿4￿nd81.0r'I.ht Year Desig￿ted Pwpos¢ futth ForTh¢ Year 17 1,534,862 427.924 1.380,725 J J62,786 1.534862 Re51ri£led Spctifie *utsds Blftvd Sp¢cifKFuTrJsForth¢P¢tiod NIL NIL NIL NIL NIL J.96Z.786 NIL 1.531.862 TOTALC&4RTtYFUNDS The ttotes atpAges IS to 20 f¢Jrm ￿TE ofthese ￿cOunts. The fI￿￿la1 stat¢menL% ￿ approvdby th¢Bo￿aOf TFustEC5 Dn 29 21Y24 andive i￿d (*JJ its behalfty. frNsgel ADdrew Fr4Dci5 TruslE¢ Page 13 of21 SALAFI BOOKSI'ORE AND ISLAMIC CEFrrRE STATBMKNT OF CASH FLOWS FOR THE YEAR ENDED 30 SKFfEMBth 2O2J IYote5 2•L1 Ntto*ib ￿￿ed ln *ellvltley 18 289.438 217,479 llow4 from inveytillgA¢tivlllts'. Relltai income Putth¥¢of tsnsibk asSEts 31,596 31,596 115,2781 Ntl ¢*gh provlded by illVeStiDg Activities 31596 16,318 Cash tlows RrtiyitiN- Re£eipV{Paymcntl offfjw Ntte*$h yrtsvlded by llD4ntSiga¢llvltits Ch#nt¢ In ¢g$b t4$h ¢qlllv•leDls Ik¢yeAr 321034 233,797 C*$h $rtd t*$h equfv•l¢iis bNJugJil fonyard 629898 396,101 alld ¢a8b equlvAleNt5 ¢arrled fO￿￿r¢j 950932 Pa8e 14 of 21 SALAFt BOOKS'I'ORBAND ISLAMIC CENTRE NOTESTOTHE FINANCIALSTATEMENts FOR THE YKAR SEPTEMIIER20Z3 l. A¢¢oottilng Pollcles (•) B4s1$ •fFrep*r#fi• The accounts IfllYdnci81 stalem¢ntslhav¢ bec￿ prewed the historic cos¢ ConVe￿i0￿wIth iiwJsre¢o8ni$¢d ai wsioriwsa¢iitsn val tsnles$oihetwisesrated inthe t¢kvintmoiel$l ttrihe5e arcounts. T￿rI￿￿la1 slatementsh3Yebeen prepared in acC￿rdar￿e with the Slatemelli of ReCOttllne￿ Pta¢iitt.' Acc0w￿￿￿and Reporti￿ byCh8fili¢spr¢parirtgthtir4t¢¢wts ity I¢￿rde￿OwIth the Fi[w￿¢l￿1RCwrtlN8S1J￿tstd applicabk in theuK￿d RcpublK of Ir¢lqnd IFRS 1021 &nd 1￿charA11e3 Act 2011. ThE Itwtcowtitutesawthlic b?￿rrten¥1tyaS1crl￿Cd byFRS 102. ThE Iru5teeseon3iderlhAt ihErc qre no rnat¢i&&l uncertaill11¢5abwt IheTtusl's abilityto ctthlinue asag01￿8eotteertl Ibl RecLbnclliAlloD wllh prtvlTru5 CtTrerAlly A¢l$ 25%gtIeducillgbolancebBsi8 2% straislkline b*51$ Nil LaRd isnotdepr¢¢iaI￿. D¢pr¢¢iaiiorLon 0(￿r&￿ts i8¢har8ed SOAS to allocate tIK¢ostof las8lh¢irtEsidual Yalue Dv¢rttKir¢stimated L￿￿[lIves, ￿￿￿thereduc1nS balance method. EmplO￿¢S ofthedwiiyar¢¢nti￿¢dIa join adefinedcoLtribution'WestPeMioll' scheme. TIKthaiityConlnffj￿l1on 1¢5trioted t(bthe Mumcontslbul￿￿5 dcflnedbyther¢￿1￿t￿b￿Y'Pen￿loll Regulator Thecosts ttf thedefinedwnttibwion S¢￿m¢9r¢ I￿lUded withi ch*itsblBa¢iiYities. slK)pl(8iih4nd WOEshlp)cost58￿1CbArg¢S to the￿￿￿eStrIcted funds oflhe chaTiIy. Ikl SlOtk% Slucksare Sts1ed￿ Ihe lomrrof c05tand e5tirnaled prire k&% roststosell. At each yeportingdth.si(Jtks ai0 8swd foritmiieatots of Imp￿rMe￿t. If311th ar¢ utipaired, th¢ ¢8Trylrtgamowii ilreducedto its ￿￿nSP[l¢¢Ie￿ cwts lo seu. The I￿pai￿]￿ent los8 istew8niswJ in Ih¢wofilwd (IIDrblor5 Shojt-tenndebtors 8[emeD5￿18t iran￿tIonF￿[L% le￿anY im￿1[ment. L(*TL% re¢tivJbJe8r¢mwur¢d iniiiailyat fairvalu4 netof trans*tionwyr4 and￿e subswu¢nttyme¥wed8iBnwiigedcosE Us￿￿[he¢￿¢tlve interesl less anyimpa1t￿KTrt. Im) C*5b xnd ¢i$b tqwivil¢n¢s Cashi%represettted by c￿h on hand anddepositsTrith fir￿Mal in5titLrtion5 t¢pay￿1¢￿t￿O￿ptnaIty0n notic¢ offjotmoyv lfr￿24 hwts Cash ewlyale￿are h￿Y li9uid InV¢￿m¢ntS ithtch mawre in nomore11k￿lhIee ￿Onths fromthe tht¢of WULSitionandwhich Arc readIlya￿lblc lo￿knDwtt#￿o￿t￿0re￿%hWIlh irfji8niff<8ntrisk of£hanBe value. In thestat￿l￿1 of cashflo￿.wb and Lwheqwvglents ar¢$Wn¢l of bw*iN¢idTrft5 whi¢h ate rerwabjv otrd¢mand 8nd form 2nint¢grai pKtof th¢Ttus('s cBshn￿E8C￿m1t. Croditsrs Shrf-irrmcTcditots areme8surcd al I￿5&¢I￿On￿cc. Olbcrfinoncial liabilitie5, irtludins IiTrat4*E measured thiti&llyai f￿rVO1￿. n¢toftsarwtio nd Bre subswucnttymeasuitdat¥mortiged¢osi wing th¢ ¢ffe¢iiY¢ int￿￿lmet￿od. P4e 16of 21 SALAFI BOOKSTORE AP4D ISLAMIC CENTRE NOTESTO THE FINANCbiL STATFMENts FOR THE YEAR ENDED30 SEPTEMBER2O23 U￿r¢s(rIcte{l F¥ttd$ TufAL 202) TOTAL 2022 DOnati0J￿.￿¢neral Donations- Restri(sed 427,058 427058 319,696 427058 427 58 3, ￿cOmIngRE$0￿r£¢j from¢hArltsble Attlvllles Rè51Tlcl¢d Fullds U*rÈstrltled Fulld$ TOTAL 2023 TOTAL 2D22 SlwpSal¢s & PoblicatioA8 821148 826.141 7JlI48 826 148 826 148 731 UArcslrfeled TOTAL 2123 TOTAL 2021 pu￿￿$ R¢ntsiIn¢om¢ GovernmcntGt8nÈ 31596 31.596 3.684 96 31 8Tr U￿re￿trI￿tfJ Support Cosii Re5trlclEd UThre5tr1etsd FuDds FU￿d4 Totsl 2013 Tfjfxl 2021 4. C•$* ofC¢u¢rail￿g support C￿ts 143 142 147 910 S. Cb8rltAbl¢ atlhllits Shop & Mosque 413,893 413093 482,437 CommuTrltyaelivllle$: Donaiion¥&Conf¢trn¢tCoJts 282 583 287 207 Totil eborlt*bl¢ *¢l(*tles 696.476 696.476 769.644 6. G•vtrty#ll¢e tosts 17.2 173611 14,733 Pw 17 of21 SALAFI BOOKSTOREAND ISLAfvIIC CENTRE NOTES. ll'o THE FINANCL4L STATEMENTS roR THE YEAR ENDED 30 SEPTEMB&R 2023 7. Support Costs Cost ol G¢n¢ra11￿g FuThd5 Ttsl•l 2023 Totsl 2022 Premist$ SNDdry Grbverlanct R2rtIRateg & Ulililics 1092È8 109388 118,174 WasteCdle¢tion 3,154 3.154 2,812 otriff Cotsts 12,086 ILIJ86 11,692 Bankch￿Se$ 6,636 6,636 Travel 3.071 3,lJ71 2116 D¢sKeoialion 8907 49117 iOJ44 141142 147910 & Coryorptlon tax The chority isexemptt¢mcorpw8tiontsx0￿1t8 cbatitaileactivities. 9. Net In¢r•tnlThglloutgoiD%l re50wr¢es 10rtbeptri￿d itAtNI eknArglng l£r¢dltlThg) tbt fojlowlng.. 2023 2022 Audltolsrem￿ernl￿ DeNeei8lii 7.000 8.Y07 17.244 10. Stsff cosfs 21122 Wages aTh15olari So¢i*l stturiryeojts I71.506 149,460 16L,6D2 Averaytturnb¢rof employees fwlh¢wiod 14 14 13 NoeMpl￿￿ ￿r¢ paidmLK¢ than £60,0W. P4¢ 18 ot21 SALAVI BOOKSTORB AND ISLAMIC CBNTRE NOTESTOTHK FINANCVALsfATEMEiwrs rhOR YEAR £NDED30 SEPTEMIILk2U23 II. FIXKD ASSETS L*tsd & Building E4ulpmtMt 1x1￿r¢S & To*HI COST As At l Otttsber2022 AddiLIOI ReTMtwtioJl 862,882 IL.QOO 19,753 21297 915.gJ2 As At30 SeptemtKr2D23 91&932 DKPRE TION As At l O¢lober2022 46,464 2,750 20.Q61 83.453 Ch8r8¢ ForTh¢ Y￿1 4,891 2,063 l J94 559 8.907 A$ AI30 S¢ptsmbtr2023 51,355 4113 92 KVAL ASAT 30 Stpttmber 2D2J 811527 6,187 1.677 ASAT 30 Stpttmber 2Tr22 816,418 8,250 236 832.479 11 STOCK Z1Tr23 2022 GDodi f￿r resale 161430 2023 2022 13. DEBTORS Trad¢Debiors &Premellt8 Other Fkbtors Oih¢r Deb￿r$ irclUdcwmettts￿ profjl oryusolionywilhsulltsfjbjeclivcs. 14. CRF.DITORS.. Amouuts fillsu wltbln ye•r 2013 2022 Trfjd¢Cr¢diiors Taxation & swial Setsjtity Cos Oiher Creditors 5,028 17516 667 2JJll 11418 15. CREDJTORS.. falllDg 2023 21r2 Other CrcditorB 16. Cottii&É¢NtLl•b5Nd¢$ Ex¢epia$r¢fle¢t¢d in th¢Fin8nGig1 SiwuKnts,thu¢were tto CoMifWtLiabiblitS al 30 SeptemE¢r 202312022.. £NILI P98¢ I9of 2L SALA VY BOOKSTORE AND ISLAMIC CENTRK NOTKS TOTHEE￿ANC￿L s'fATEMENT$ FOR THE TrTAR EI¥DED30 SEPTEMBER2D23 17. R¢5¢rves 2023 2022 As At l Octc&er2022 Ndsutplusforthe ￿lad As At30 Sèpttmber2023 .534862 I J80.725 154.137 1,53U62 Tntjuded withinthe re5erYcs of£l,957.121 (2022.. £1.534,8621 isan amts￿1 of£823,57212022.. £8314791 ¥e181ing lo fSxed a*. 18. Re¢O￿tIN￿￿On oln¢imtrYemtllt Ill￿Dd5 kn mel ¢a6h flow from oper#ti41rt •¥lfvirf 2023 2022 Netmovcmenl Infunds 427.924 Add backdepiecia1￿nch2rgt D¢duthdtpre¢iMion ondi5POEdiFff esset Add back1055 on disw>s￿ ofuSSdS tkcre8s¢lllNx¢£sel in stock t)educt Incomesbo%KJ intnvtsting ¥AiViIi¢s Add I(￿ on lovalt￿tion￿fa5Se¢5 I)e¢reasdllncie8sel inLkbtwS Intte8StllDetres*l in creditots Ileduotshort.lenn I0￿1￿D￿n f￿anci￿ 8¢1ivitie$ 8.£4)7 10,244 1134,6821 131.5961 131.5961 4A940 6.612 9.793 N¢t cA$h used ID optralloeg