Charity number: 1091265
Maahadus Shuhada Trust
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 December 2021
Maahadus Shuhada Trust Contents Page For the year ended 31 December 2021
| Report of the Trustees | 1 to 3 |
|---|---|
| Independent Examiner's Report to the Trustees | 4 |
| Statement of Financial Activities | 5 |
| Statement of Financial Position | 6 |
| Notes to the Financial Statements | 7 to 11 |
| Detailed Statement of Financial Activities | 12 |
Maahadus Shuhada Trust Report of the Trustees
For the year ended 31 December 2021
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 December 2021. 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Location:
The charity is based in the beautiful vibrant city of Preston, Lancashire. This property itself is close to the Preston North End Football ground, Moor Park, University Of Central Lancashire and Deepdale Retail Park.
The building is used for five times daily prayers, Friday prayers, Eid prayers and for other religious activities such as marriage ceromonies and Quranic recitals. The building caters for muslims from the Deepdale area of Preston, however, many muslims from around Preston come to use the facilities. Many visitors and guests from other parts of the UK also use the prayer facilties for their five times daily prayers when visiting Preston. The building caters for mulsim worshippers from different backgrounds, ethnicities and it holds lectures for men and women alike.
The institution has strong links with many local primary schools and high schools, and works very well with other organisations at community level.
Objectives and aims:
The main objective being is to promote good moral standards and spiritual guidance, within the community and to create harmony within a multi-cultural society. The day to day operations of the charity is managed by the trustees as set out in the Trust Deed.
Our aim is to provide a prayer facility where fellow Muslims can worship peacefully. This would be for all the inhabitants of Preston and the surrounding areas. Our long-term ambition is to help build community relations and also to help make the area peaceful, vibrant and harmonious.
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities:
Mahadus Shuhada was established with principal objectives to create harmony within the community and carries out a range of activities for the benefit of worshippers within the community. The activities undertaken at the charity are mainly prayers, spiritual lectures, youth projects, community cohesion work etc. Fun raising also takes place for various local, national and world charities.
The trustees would like to than everyone for all that they have done over the last year during the continued Covid crisis and recognise just how strenuous and demanding it has been. The committment, determination and agility that everyone has shown during the last exhausting year has been nothing short of astonishing.
It has been really heart-warming to see how much everyone has worked together as a community and how we have genuinely embedded the values of inclusivity, openess, fairness, respect and caring that are the pillars of our faith.
FINANCIAL REVIEW
Reserves
It is the policy of the charity to maintain unrestricted funds at a level which equates to approx 12 months unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs. Unrestricted funds are maintained at above this level throughout the year.
Principal funding sources:
The principal funding source remains donations from the community. This financial years donations has decreased substantially compared to previous years as people during covid stayed in (no hiolidays etc) and were generous with their donations . All expenses remain pretty consistent to previous years besides rates which went down considerably as wash room facilities was closed during covid. The institution continues to have a sound financial platform for future progress and development.
Future developments:
The mosque has inadequate spacing for youth and adult activities, therefore the future plan is to extend the building to accommodate further activities for the youth and adults.
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For the year ended 31 December 2021
Maahadus Shuhada Trust Report of the Trustees Continued
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The trust is an unincorporated trust, constituted under a trust deed dated 23rd May 2001 as amended by supplemental deed dated 24th January 2002 and is a registered charity, number 1091265
The trust was established to promote the advancement of education/learning and the advancement of Islamic faith particularly by establishing and operating an institution.
Recruitment and appointment of trustees
The trustees are appointed by the board of trustees. The trust deed provides for six trustees. The principal for the time being of the institution if not otherwise a trustee shall be additional trustee ex-officio. The appointment of trustees is vested in the continuing trustees (excluding any retiring Trustees). The appointment of imam's and any other persons required for the running of the charity is in the hands of the trustees.
Induction and training of new trustees:
There are informal procedures for induction and training of new trustees. Trustees are also encouraged to attend external briefings and training courses.
Organisational structure:
The trustees may from time to time make such rules and regulations in their absolute discretion think fit for the management of the Institution and may at any time vary such rules and regulations. At trustees' meetings each term the trustees agree the area of activity for the trust, policies and performance.
Risk management:
The trustees continue to monitor and review risks which the charity is exposed to and where necessary control and implement systems and procedures to manage those risks.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Maahadus Shuhada Trust Charity registration number 1091265 Principal address 214 Deepdale Road Preston Lancashire PR1 6QB
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Independent examiners
Mr Faisal Mahmood Timol Mr Hifzurrehman Hassan Mr Mohamed Shoeb Aiyub Nakhuda Mr Shoeb Desai Mr Zakaria Issack Desai Mr Ebrahim Desai Mr Mohmed Juned Desai Salim Hajee 251 Derby Street Bolton BL3 6LA
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Maahadus Shuhada Trust Report of the Trustees Continued For the year ended 31 December 2021
Bankers
National Westminster Bank Plc Ramsbottom Branch 15 Bridge Street Ramsbottom Bury Lancashire BL0 9WN
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 12 March 2024 Mr Zakaria Issack Desai
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Maahadus Shuhada Trust
Independent Examiners Report to the Trustees
For the year ended 31 December 2021
I report to the trustees on my examination of the accounts of the charity for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiners statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
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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.
I 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.
Adam & Co Accountants Limited
Salim Hajee 251 Derby Street Bolton BL3 6LA
12 March 2024
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Maahadus Shuhada Trust Statement of Financial Activities
For the year ended 31 December 2021
| Notes Income and endowments from: Donations and legacies 2 Charitable activities 3 Total Expenditure on: Raising funds 4 Charitable activities 5/6 Total Net income Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 122,463 6,001 128,464 (38,657) - (38,657) 89,807 1,070,278 1,160,085 |
2020 £ 234,477 5,362 |
|---|---|---|
| 239,839 | ||
| (48,385) (300) |
||
| (48,685) | ||
| 191,154 879,125 |
||
| 1,070,279 |
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Maahadus Shuhada Trust Statement of Financial Position As at 31 December 2021
| Notes | 2021 | 2020 | |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 10 | 1,175,901 | 1,179,640 |
| 1,175,901 | 1,179,640 | ||
| Current assets | |||
| Debtors | 11 | 84 | 124 |
| Cash at bank and in hand | 220,186 | 182,220 | |
| 220,270 | 182,344 | ||
| Creditors: amounts falling due within one year | 12 | (4,605) | (2,126) |
| Net current assets | 215,665 | 180,218 | |
| Total assets less current liabilities | 1,391,566 | 1,359,858 | |
| Creditors: amounts falling due after more than one year | 13 | (231,480) | (289,580) |
| Net assets | 1,160,086 | 1,070,278 | |
| The funds of the charity | |||
| Unrestricted income funds | 14 | 1,160,085 | 1,070,279 |
| Total funds | 1,160,085 | 1,070,279 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr Zakaria Issack Desai Trustee 12 March 2024
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Maahadus Shuhada Trust Notes to the Financial Statements
For the year ended 31 December 2021
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
Maahadus Shuhada Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Plant and machinery | 20% Straight line |
|---|---|
| Fixtures and fittings | 20% Straight line |
2. Income from donations and legacies
| Unrestricted funds Donations received Grants received |
2020 2021 £ £ 230,668 122,463 3,809 - 234,477 122,463 |
|---|---|
3. Income from charitable activities
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Unrestricted funds | ||
| Rent | ||
| Other Income | 6,001 | 5,362 |
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Maahadus Shuhada Trust Notes to the Financial Statements Continued
For the year ended 31 December 2021
4. Expenditure on generating donations and legacies
| 4. Expenditure on generating donations and legacies | ||
|---|---|---|
| Unrestricted funds Support costs 5. Costs of charitable activities by fund type Support costs 6. Costs of charitable activities by activity type Rent 7. Analysis of support costs Voluntary Income Wages Rates and Water Insurance Light and Heat Books & School Trips Post and Stationery Depreciation Support cost 8 Governance costs |
2021 £ 38,657 38,657 2021 £ - 2021 £ - 2021 £ 22,106 331 640 9,713 145 673 3,739 1,310 - 38,657 |
2020 £ 48,385 |
| 48,385 | ||
| 2020 £ 300 2020 £ 300 2020 £ 22,517 5,293 670 11,102 4,318 222 4,113 150 300 |
||
| 48,685 |
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Maahadus Shuhada Trust Notes to the Financial Statements Continued
For the year ended 31 December 2021
8. Staff costs
Total staff costs for the year ended 31 December 2021 were:
| Total staff costs for the year ended 31 December 2021 were: | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Salaries and wages | 22,106 | 22,517 |
| 22,106 | 22,517 | |
| 2021 | 2020 | |
| Admin Staff | 0 | 3 |
| 0 | 3 |
9. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
10. Tangible fixed assets
| Land and | Plant and | Fixtures and | ||
|---|---|---|---|---|
| Cost or valuation | buildings | machinery | fittings | Total |
| £ | £ | £ | £ | |
| At 01 January 2021 | 1,172,242 | 3,270 | 26,507 | 1,202,019 |
| Disposals | - | (3,270) | (7,812) | (11,082) |
| Transferred | - | - | 7,812 | 7,812 |
| At 31 December 2021 | 1,172,242 | - | 26,507 | 1,198,749 |
| Depreciation | ||||
| At 01 January 2021 | - | 3,270 | 19,109 | 22,379 |
| Disposals | - | (3,270) | - | (3,270) |
| Charge for year | - | - | 3,739 | 3,739 |
| At 31 December 2021 | - | - | 22,848 | 22,848 |
| Net book values | ||||
| At 31 December 2021 | 1,172,242 | - | 3,659 | 1,175,901 |
| At 31 December 2020 | 1,172,242 | - | 7,398 | 1,179,640 |
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Maahadus Shuhada Trust Notes to the Financial Statements Continued
For the year ended 31 December 2021
11. Debtors
| Amounts due within one year: Prepayments and accrued income 12. Creditors: amounts falling due within one year Trade creditors Other creditors Accruals and deferred income 13. Creditors: amounts falling due after more than one year Other creditors |
2021 £ 84 84 2021 £ (1) 697 3,909 4,605 2021 £ 231,480 231,480 |
2020 £ 124 |
|---|---|---|
| 124 | ||
| 2020 £ - 516 1,610 |
||
| 2,126 | ||
| 2020 £ 289,580 |
||
| 289,580 |
14. Movement in funds
| Unrestricted Funds General General Unrestricted Funds - Previous year General General |
Balance at 01/01/2021 £ 1,070,278 1,070,278 Balance at 01/01/2020 £ 879,125 879,125 |
Incoming resources £ 128,464 128,464 Incoming resources £ 239,839 239,839 |
Outgoing resources £ (38,657) (38,657) Outgoing resources £ (48,685) (48,685) |
Balance at 31/12/2021 £ 1,160,085 |
|---|---|---|---|---|
| 1,160,085 | ||||
| Balance at 31/12/2020 £ 1,070,279 |
||||
| 1,070,279 |
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Maahadus Shuhada Trust Notes to the Financial Statements Continued
For the year ended 31 December 2021
Purpose of unrestricted Funds
General
The trustees are free to use unrestricted funds in accordance with charitable objectives.
15. Analysis of net assets between funds
| Unrestricted funds General General Previous year Unrestricted funds General General |
Tangible fixed assets Net current assets / (liabilities) Creditors > one year Net Assets £ £ £ £ 1,175,901 215,665 (231,480) 1,160,086 |
|---|---|
| 1,175,901 215,665 (231,480) 1,160,086 |
|
| Tangible fixed assets Net current assets / (liabilities) Creditors > one year Net Assets £ £ £ £ 1,179,640 180,218 (289,580) 1,070,278 |
|
| 1,179,640 180,218 (289,580) 1,070,278 |
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Maahadus Shuhada Trust Detailed Statement of Financial Activities For the year ended 31 December 2021
| INCOME AND ENDOWMENT Donations and legacies Donations Grants receivable Charitable activities Other Income Total incoming resources SUPPORT COSTS Wages Staff costs - wages & salaries Rates and Water Rates and Water Insurance Insurance Light and Heat Light and Heat Books & School Trips Books & School Trips Post and Stationery Post and Stationery Depreciation Depreciation Support cost 8 Telephone Governance costs Legal fees Total resources expended Net Income |
£ 2021 122,463 - 122,463 6,001 6,001 128,464 (22,106) (22,106) (331) (331) (640) (640) (9,713) (9,713) (145) (145) (673) (673) (3,739) (3,739) (1,310) (1,310) - - (38,657) 89,807 |
£ 2020 230,668 3,809 |
|---|---|---|
| 234,477 5,362 |
||
| 5,362 | ||
| 239,839 (22,517) |
||
| (22,517) (5,293) |
||
| (5,293) (670) |
||
| (670) (11,102) |
||
| (11,102) (4,318) |
||
| (4,318) (222) |
||
| (222) (4,113) |
||
| (4,113) (150) |
||
| (150) (300) |
||
| (300) | ||
| (48,685) | ||
| 191,154 |
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This page does not form part of the statutory financial statements