BAITUL AMAN MOS UE AND CULTURAL CENTRE LIMITED COMPANY RF.GISTERED NO: 03278247 CHAIUTY REGISTERED NO: 1093925 101 Braintree Street London England E2 OFT STATFMF,NT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2024 MHC ACCOUNTANTS LTD Chartered Accountants 22 Cavell Street, London E12HP Tel.. 020 7790 0416 email: mhussain mhc rou .co.uk PAGE-03 Objectives and activities The Charity's object and its principal activity continues to be thal of maintaining the mosque premises for prayers and worship. providing Islamic education, and promoting the Islamic faith. Tlie Charity is oi'ganised so that the board of directors, who are the Trustees of the Company, In¢¢t r¢gularly in order to manage its affairs as there is no full-time administrator. Achievements and performance There has been a steady increase in woi'sliipcrs attending the mosque. Facilities for batliing and shrouding of d¢ad in line with Islamic teachings are available in th¢ mosque. Necessary repairs w¢r¢ carri¢d out to the mosque and investment properties in order to maintain these in good condition. Being th¢ mosque was closed for refurbishment and impi'ovem¢nt the donation received during th¢ y¢ar w¢re significantly lower than tlie last year. The trustecs consider that afier the iinprovemcnt th¢ mosque started to run in full fledge and th¢ p¢rforinance is very satisfactory. The educational activity of the Trust has been actively engaged in coping with the increase in students attending by recruiting part tim¢ tcach¢rs. The volunteers involved in this activity are an importaiit resource in improving leariiiiig environment keepingv in view the core Islamic values. The trustees consider the performance of ihe Charity this year has been satisfactory. Flnanelal review The net income dui'ing the year amounted to £188,558 following appeals to raise funds for improvement and i'efurbishment of the mosque. Costs wer¢ contained within budget. The directors considei. the financial position of the Charity, as shown in the Financial Statements, to be satisfactory. Plans for future periods The aims of Baitul Aman Mosque include: To connect students to authentic Islamic teachings. To build and augment Islamic knowledge so as to understand how to live Islam practically. To enable a positive atmosphei'e conductive to productive learning and development. To increase student's love of Allah and His Messenger. To inspire students to embody the teachings of151am and io be produclive community role models. To in still coiifidence to respect othei's and their ¢nvironments. PAGE-04 There are also plans to develop community programmes with wider cominunity and other organisations as the trust¢¢s place great importance on sharing a good understanding of Islam with others whilst gaining an und¢rstanding of other cultures and traditions. Consideration is being given to build another floor above the s¢condary hall in order to accommodate increasing number of Madrasa attendees. Small company provisions This report has been prepared in accordance with the provisions applicabl¢ to Gompani¢s ¢ntill¢d to the small companies, exemption. The trustees, annual report was approvcd on 12 August 2024 and signed on behalf of the board of tI￿SteeS by: onjur Ali) General Secretory BAITUL AMAN MOS UE AND CULTURAL CENTRE LIMITED Contents Legal and Administrative Inforniation Trustees Annual Report Independent ExamÈner's Report Income and Expenditure Account Balance Sheet Notes fonning part of the Financial Statements 01 02-04 05 06 07 08-12 PAGE-01 BAITUL AMAN MOS UE AND CULTURAL CENTRE LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Chairman Shamsul Hoque General Secretory Monjur Ali Treasurer NUNI Hoque Trustees Khalil Uddin Khairul Islam Saiful Islam Amir Ali Abdullah Monsur Address l O l Braintree Street London E2 OFT Independent Examiner MHC Accouiitants Ltd I'hartered Accountants 22 Cavell Street London EI 2HP Bankers Lloyds Bank HSBC B¢ink PAGE-02 BAITUL AMAN MOSQUE AND CULTURAL CENTRE LIMITED TRUSTEES, ANNUAL REPORT TO THE ACCOUNTS FOR THE YEAR ENDED 30 NOVEIVIBER 2024 STRCTURE, GOVERNANCE AND MANAGEMEIYT Governing Document The Charity is Constituted as a company limited by guarante¢ and is therefore governed by its Memorandum and Articles ofAssociation incorporated 14 Nov¢mber1996 as amended by special resolution dated 15 April 2007. Appointment of trustees All members are requested to send nomination of irust¢¢s (dir¢ctor5) prior to the election day and are informed of the outgoing directors. Voting is by ballot and is supervised by two independent commissioners appointed by the board. Trustee induetion and trAlning New trustees are briefed on their legal obligalion under charity and company law. the content of Memorandum aiid Articles of Association: the committee and decision makiiig processes and recent financial plan of the charity. This ensures that new trustees are aware of the scope of their r¢sponsibilities Organfisation The board of trustees administ¢r the charity. The board Ineets regularly and is assisted by a management committee which is el¢cted by members to assist the board in day to day operations coveringl religious functions. education ot.all age groups, supervising maintenance and renovation work. coll¢ction of funds and other mattcrs arising from time to time. All the trustees and the management committee give their time frecly and receive no remuneration or othei. financial benefits. Risk MaDagement The chai.ity trustees have considered the major risks to which the charity is exposed and have reviewed those risks and steps have been talcen to address those risks as follows., i) 2) Health and safety discussion at Boai'd M¢¢tings. Financial polici¢s and cash flow discussions with th¢ bank¢rs and frequent discussions with members. 3) Secui'ity and protection of property, staff, volunteers, students and congregation with th¢ police, security firm, and insurance brokers. PAGE-OS BAITUL AMAN MOSQUE AND CULTURAL CENTRE LIMITED INDTr PENDENT EXAMINER'S REPORT TO THE TRUSTEES Th¢ charity's Trustees consider that an audit is not required for ihis year under section 144 of the Charities Act 2011 (the Charities Act), and that an independent examination is needed. It is my responsibility to: examin¢ the accounts under section 145(l) of the Charities Act 2011, to follow the proc¢dures laid down in the general Directions given by the Chai'ity Commission (under section 145(5)(b) of the 201 l Act). and to state whether particular matters have come to my attention. Basis of inde endent examiner's re ort My ex