Registered Company number: 4128000 (England and Wales) Registered Charity number: 1091611
MASJID-E-NOOR (BIRMINGHAM) TRUST LIMITED REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
MASJID-E-NOOR (BIRMINGHAM) TRUST LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
| Report of the Trustees | 1 to 3 |
|---|---|
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 to 7 |
| Notes to the Financial Statements | 8 to 10 |
| Detailed Statement of Financial Activities | 11 |
MASJID-E-NOOR (BIRMINGHAM) TRUST LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 March 2023
The trustees who are also directors of the charity for the purpose of the Companies Act 2006, present their report with the financial statements of the charity FOR THE YEAR ENDED 31 March 2023
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
4128000 (England and Wales)
Registered Charity number
1091611
Registered office
257 Victoria Road Aton Birmingham West Midlands
Chairman Haji Siraj Ali
Trustees
Rahman Khan Rahmat Ali Treasurer Shafique Ali Qurban Ali Chohan Mohammed Chunu Miah Mohammed Jamal Uddin Mohammed Ashraf Ali Shiraj Ali Mohammed Abdur Rahim
Company Secretary Rahman Khan Independent Examiner M A AHMAD 28 Shaftmoor Lane Acocks Green Birmingham B27 7RS
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MASJID-E-NOOR (BIRMINGHAM) TRUST LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 March 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustee
New trustee are appointed by the Management committee.
Induction and training of new trustees
New trustees are trained by current trustees.
Organisational structure
The charity is controlled by a Management committee, which comprises five to thirteen members.
Wider network
The charity has no connections with other charities.
Related parties
The charity is not holding assets on behalf of another charity
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The company's main objectives are to promote the Muslim faith in Birmingham.
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MASJID-E-NOOR (BIRMINGHAM) TRUST LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 March 2023
Significant activities
The company obtains most of it's income from donations.
Volunteers
The charity welcomes volunteers to assist in it's work.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity was incorporated in December 2000 and commenced it's activates on 1 January 2003. It took over the assets and liabilities of Masjid - E - Noor Association that was operating from the same address. The charity's main activity was to provide services of a mosque to promote the Muslim faith to all age groups and to provide school service for children to help them to learn about the teachings of Quran and the Muslim faith.
There were no significant events since the year end.
The charity's income from all sources during the year was £150,981 The income is expected to increase during current year. (2022= 53,643 )
Internal and external factors
The charities activities are affected by general financial factors in the economy.
FINANCIAL REVIEW
Reserves policy
The charity accumulates reserves for future investment in building etc.
FINANCIAL REVIEW
Principal Funding sources
The charity receives most of it's income from publics donations.
FUTURE DEVELOPMENTS
The charity intends to continue to promote the Muslim faith in Birmingham.
ON BEHALF OF THE BOARD:
Rahman Khan Haji Siraj Ali Rahmat Ali 31st January 2024
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
MAJID-E-NOOR (BIRMINGHAM) TRUST LIMITED
I report on the accounts for the year ended 31 March 2023 set out on pages five and eleven.
Respective responsibilities of trustees and examiners
The charity trustees (Who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the account under Section 43 of the 1993 Act
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 43(7)(b) of the 1993 Act); and
-
to state whether particular matters have come to my attention.
Basis of the 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, 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 present a 'true and fair view' and the report is limited to those matters set out in the statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention to which, in my opinion attention should be drawn in order to enable a proper understanding of the accounts to be reached.
M A AHMAD 28 Shaftmoor Lane Acocks Green Birmingham B27 7RS 31st January 2024
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MASJID-E-NOOR (BIRMINGHAM) TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2023
| Notes INCOME RESOURCES Incoming resources from generated funds Voluntary income RESOURCES EXPENDED Governance costs Other resources expended Total resources expended NET INCOMING RESOURCES RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2023 Unrestricted funds £ 150,981 500 30,370 30,870 120,111 408,503 528,614 |
2022 Total funds £ 53,643 450 18,105 |
|---|---|---|
| 18,555 | ||
| 35,088 373415 |
||
| 408,503 |
Page 5
MASJID-E-NOOR (BIRMINGHAM) TRUST LIMITED
BALANCE SHEET AT 31 March 2023
| Notes FIXED ASSETS Tangible assets 5 CURRENT ASSETS Debtors 6 Cash at bank and in hand CREDITORS Amounts falling due within one year 7 NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS Unrestricted funds: General fund TOTAL FUNDS |
2023 Unrestricted funds £ 434,214 18,500 77,288 95,788 1,388 94,400 528,614 528,614 528,614 528,614 |
2022 Total funds £ 434,220 18,500 52,106 |
|---|---|---|
| 70,606 96,323 |
||
| (25,717) | ||
| 408,503 | ||
| 408,503 | ||
| 408,503 | ||
| 408,503 |
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MASJID-E-NOOR (BIRMINGHAM) TRUST LIMITED
BALANCE SHEET - CONTINUED AT 31 March 2023
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the charitable company to obtain an audit of its financial statement for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Section 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008)
The financial statements were approved by the Board of Trustees on 31st January 2024 and were signed on its behalf by:
Rahman Khan
Haji Siraj Ali
Rahmat Ali
Page 7
MASJID-E-NOOR (BIRMINGHAM) TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2023
1 ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
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 resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
- Fixture and fittings 20% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with on its charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restricted 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.
further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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4
MASJID-E-NOOR (BIRMINGHAM) TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 March 2023
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the statement of financial activities on a straight line basis over the period of the lease.
2
NET INCOMING/(OUTGOING) RESOURCES
| Net resources are stated after charging/(crediting): Depreciation - owned assets Hire of plant and machinery |
2023 £ 6 |
2022 £ 7 |
|---|---|---|
3
TRUSTEES REMUNERATION AND BENEFITS
There were no trustees remuneration or other benefits FOR THE YEAR ENDED 31 March 2017.
Trustees Expenses
There were no trustees expenses paid FOR THE YEAR ENDED 31 March 2017
5
STAFF COSTS
| STAFF COSTS Wages and salaries TANGIBLE FIXED ASSETS COST At 1 April 2022 Addition At 31 March 2023 DEPRECIATION At 1 April 2022 Charge for year At 31 March 2023 NET BOOK VALUE At 31 March 2023 At 31 March 2022 |
Freehold property |
|---|---|
MASJID-E-NOOR (BIRMINGHAM) TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 March 2023
| 6 | DEBTORS: AMOUNTS DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| £ | £ | |||
| Debtors | 18500 | 18,500 | ||
| 7 | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Other loans | 95,000 | |||
| Social security and other taxes | 688 | 643 | ||
| Accruals and deferred income | 700 | 680 | ||
| 1,388 | 96,323 | |||
| 8 | MOVEMENT IN FUND | |||
| Net | ||||
| **At 1.4.22 ** | movement in | At 31.3.2023 | ||
| funds | ||||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 408503 | 120,111 | 528614 | |
| 408,503 | 120,111 | 528,614 | ||
| TOTAL | FUNDS |
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MASJID-E-NOOR (BIRMINGHAM) TRUST LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2023
| INCOMING RESOURCES Voluntary income Donations Tution Fees Other Income Total incoming resources RESOURCES EXPENDED Governance costs Legal and professional charges Support costs Management Cleaning expenses Wages Repairs and maintenance Light and heat Telephone Sundry expenses Bank charges Donations Depreciation of Fixtures and fittings Finance Bank charges and interest Total resources expended Net Income |
2023 £ 146701 4280 150,981 500 500 11232 5412 12831 465 424 6 30,370 30,870 120,111 |
2022 £ 51,063 2,580 |
|---|---|---|
| 53,643 450 |
||
| 450 80 11,233 440 5,172 448 450 275 7 |
||
| 18,105 | ||
| 18,555 | ||
| 35,088 |
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