REGISTERED CHARITY NUMBER: 1086859
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2023
for
Jamia Mosque And Islamic Teaching Centre Trust
Eccounting UK Thornbank 38 Moorgate Road Rotherham South Yorkshire $60 2AG
Jamia Mosque And Islamic Teaching Centre Trust
;
Contents of the Financial Statements for the Year Ended 31 December 2023
| Page | |||
|---|---|---|---|
| Report ofthe Trustees | l | ||
| Independent Examiner's Report | 2 | ||
| Statement ofFinancial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 9 |
| DetailedStatementofFinancialActivities | 10 |
Jamia Mosque And Islamic Teaching Centre Trust
Report of the Trustees for the Year Ended 31 December 2023
The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of[Ireland] (FRS[102)][(effective] | January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1086859
Principal address Russell Street Rotherham S65 1RN
Trustees
Birkit Ali Mehrban Ali Mohammed Ayub Riasat Khan
Independent Examiner
Shoakat Zaman Eccounting UK Thornbank 38 Moorgate Road Rotherham South Yorkshire S60 2AG
Approved by order ofthe board oftrustees on 14 June 2024 and signed on its behalf by:
Birkit Ali - Trustee
Page |
Independent Examiner's Report to the Trustees of Jamia Mosque And Islamic Teaching Centre Trust
Independent examiner's report to the trustees of Jamia Mosque And Islamic Teaching Centre Trust I report to the charity trustees on my examination of the accounts of Jamia Mosque And Islamic Teaching Centre Trust (the Trust) for the year ended 31 December 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
T report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination | have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the Trust as required by Section 130 of[the][Act;][or] 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
T have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
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Shoakat Zaman
Eccounting UK Thornbank 38 Moorgate Road Rotherham South Yorkshire S60 2AG
14 June 2024
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Jamia Mosque And Islamic Teaching Centre Trust
Statement of Financial Activities for the Year Ended 31 December 2023
| 31.12.23 | 31.12.22 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | bE | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 146,026 | 161,782 | |
| Investmentincome | 2 | ___4,505 | __4,505 |
| Total | 150,531 | 166,287 | |
| EXPENDITURE ON | |||
| Charitable activities | |||
| Donation to other charities | s | 2,400 | |
| Charitable Activities | 60,805 | 61,515 | |
| Other | 26,561 | 15,284 | |
| Total | 87,366 | 79,199 | |
| NET INCOME | 63,165 | 87,088 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 1,691,328 | 1,604,240 | |
| TOTALFUNDSCARRIEDFORWARD | 1,754,493 | 1,691,328 |
The notes form part of these financial statements
Page 3
Jamia Mosque And Islamic Teaching Centre Trust
Balance Sheet
31 December 2023
|
,
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||||||||
|---|---|---|---|---|---|---|
|31.12.23|31.12.22|
|Unrestricted|Total|
|fund|funds|
|Notes|£|£|
|FIXED|ASSETS|
|Tangible|assets|5|1,493,883|1,493,883|
|Investment|property|6|40,558|40,558|
|1,534,44]|1,534,441|
|CURRENT|ASSETS|
|Cash|in|hand|220,902|157,737|
|CREDITORS|
|Amounts|falling due|within|one year|7|(850)|(850)|
|NET CURRENT|ASSETS|220,052|156,887|
|TOTAL|ASSETS|LESS CURRENT|
|LIABILITIES|1,754,493|1,691,328|
|NET ASSETS|1,754,493|1,691,328|
|FUNDS|8|
|Unrestricted|funds|1,754,493|1,691,328|
|TOTAL FUNDS|1,754,493|1,691,328|
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The financial statements were approved by the Board of Trustees and authorised for issue on 14 June 2024 and were signed on its behalf by:
Birkit Ali - Trustee
|
Riasat Khan - Trustee
The notes form part of these financial statements
Page 4
Jamia Mosque And Islamic Teaching Centre Trust
Notes to the Financial Statements for the Year Ended 31 December 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under PRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective | January 2019), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount ofthe obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of Tesources.
Grants offered subject to conditions which have not been met at the year end date are noted as not accrued as expenditure.
a commitment but
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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continued...
Jamia Mosque And Islamic Teaching Centre Trust
Notes to the Financial Statements - continued. for the Year Ended 31 December 2023
oR INVESTMENT INCOME
31.12.23 31.12.22 £ £ Rents received 4,505 4,505
3; TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
4, COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
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||||||
|---|---|---|---|---|
|Unrestricted|
|fund|
|£|
|INCOME|AND|ENDOWMENTS|FROM|
|Donations|and|legacies|161,782|
|Investment|income|4,505|
|Total|166,287|
|EXPENDITURE|ON|
|Charitable|activities|
|Donation|to|other|charities|2,400|
|Charitable|Activities|61,515|
|Other|15,284|
|Total|79,199|
|NET|INCOME|87,088|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought|forward|1,604,240|
|TOTAL FUNDS|CARRIED|FORWARD|1,691,328|
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continued...
Jamia Mosque And Islamic Teaching Centre Trust
|
| Notes to the Financial Statements - continued | Notes to the Financial Statements - continued | ||||
|---|---|---|---|---|---|
| for the Year Ended 31 December 2023 | |||||
| 5. | TANGIBLE FIXED ASSETS | ||||
| Freehold | |||||
| property | |||||
| £ | |||||
| COST | |||||
| At | January 2023 and 31 December 2023 | ||||
| NET BOOK VALUE | |||||
| At 31 December2023 | 1,493,883 | ||||
| At 31 December2022 | 1,493,883 | ||||
| 6. | INVESTMENT PROPERTY | ||||
| £ | |||||
| FAIRVALUE | |||||
| At 1 January 2023 |
|||||
| and 31 December 2023 | 40,558 | ||||
| NET BOOK VALUE | |||||
| At 31 December 2023 | 40,558 | ||||
| At 31 December2022 | 40,558 | ||||
| Ts | CREDITORS: AMOUNTS FALLING DUE WITHINONE | YEAR | |||
| 31.12.23 | 31.12.22 | ||||
| £ | £ | ||||
| Other creditors | 850 | 850 | |||
| 8. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At | 1.1.23 | in funds | 3L223 | ||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 1,691,328 | 63,165 | 1,754,493 | ||
| TOTAL FUNDS | 1,691,328 | 63,165 | 1,754,493 | ||
| Netmovement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 150,531 | (87,366) | 63,165 | ||
| TOTALFUNDS | 150,531 | (87,366) | 63,165 |
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Jamia Mosque And Islamic Teaching Centre Trust
4
Notes to the Financial Statements = continued, for the Year Ended31December 2023
8. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Net|
|movement|At|
|At|1.1.22|in|funds|31.1222|
|£|£|£|
|Unrestricted|funds|
|General|fund|1,604,240|87,088|1,691,328|
|TOTAL|FUNDS|1,604,240|87,088|1,691,328|
|Comparative|net|movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|166,287|(79,199)|87,088|
|TOTAL FUNDS|166,287|(79,199)|87,088|
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A current year 12 months and prior year 12 months combined position is as follows:
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||||||
|---|---|---|---|---|
|Net|
|movement|At|
|At|1.1.22|in|funds|31.12.23|
|£|£|£|
|Unrestricted|funds|
|General|fund|1,604,240|150,253|1,754,493|
|TOTAL|FUNDS|1,604,240|150,253|1,754,493|
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A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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||||||
|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|Genera!|fund|316,818|(166,565)|150,253|
|TOTAL FUNDS|316,818|(166,565)|150,253|
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continued...
Jamia Mosque And Islamic Teaching Centre Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2023.
,
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Jamia Mosque And Islamic Teaching Centre Trust
Detailed Statement of Financial Activitics_ for the Year Ended 31 December 2023
,
,
| Detailed Statement of Financial Activitics_ for the Year Ended 31 December 2023 |
||
|---|---|---|
| 31.12.23 | 31.12.22 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies Donations |
146,026 | 161,782 |
| Investment income | ||
| Rents received | 4,505 | 4,505 |
| Total incoming resources | 150,531 | 166,287 |
| EXPENDITURE | ||
| Charitable activities | ||
| Imam wages andQuranic classes | 60,805 | 61,515 |
| Grants to institutions | a | __2,400 |
| 60,805 | 63,915 | |
| Support costs | ||
| Management | ||
| Rates and water | 940 | 535 |
| Insurance | 2,959 | 3,178 |
| Light and heat | 13,664 | 8,111 |
| Telephone | 508 | 437 |
| Postage and stationery | 895 | 780 |
| Sundries | 303 | 1,393 |
| Repairand maintenance | 6,442 | : |
| 25;711 | 14,434 | |
| Governance costs | ||
| Accountancy and legal fees | 850 | 850 |
| Total resources expended | 87,366 | 79,199 |
| Netincome | 63,165 | 87,088 |
This page does not form part of the statutory financial statements
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