2020-07-31-accounts - Chorley Muslim Trust

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Charity registration number: 1094319

Chorley Muslim Trust

Report and Accounts

31 July 2020

Chorley Muslim Trust Contents

	Page
Charity Information	1
Trustees report	2
Independent examiner's report	5
Statement of financial activities	6
Balance sheet	7
Notes to the accounts	8

Chorley Muslim Trust Charity Information for the period ended 31 July 2020

Address

C/o 1 Preston Road Whittle le Woods Chorley Lancashire PR6 7PE

Charity registration number: 1094319

Trustees

Mehboob Umerji Patel (Chair) Mushtaq Munshi Ibrahim Saleh Iqbal Essa Mohammed Sajid Yaqub Mala

Appointed independent examiner

M A Ibrahim (FCCA)

Accountants

M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE

Bankers

HSBC 26 Market Street Chorley Lancashire PR7 2RX

Solicitors

Kevills Solicitors 5 Park Rd Chorley Lancashire PR7 1QS

Chorley Muslim Trust Trustees’ annual report for the period ended 31 July 2020

Charity registration number: 1094319

The Annual Report is fully SORP compliant and sets out how the trustees have met their obligations.

The Financial Statement is fully SORP compliant and includes the incoming resources and resources expended.

Objectives and activities

The objects of the charity are set out in the constitution are summarised as follows:

The trust is established to advance the religion of Islam in accordance with the doctrines and beliefs of the Sunni Hanafi sect of Muslims ("Sunnat wal Jamaat") accepting the Tablighi Jamaat as a Dawah Organisation and in particular:-

a) To preserve Islamic culture and tradition and to establish and to promote, encourage and advance the religious and education activities of the societies Muslim inhabitants in Chorley by provision of Mosque and Madressa premises for the teachings and propagation of the holy Quran and Hadith and Sunnat and the principles and tenets of Islam to all Muslims.

b) To make provision for Salat (Namaz) worship, fasting, other prayers and religious ceremonies to include Nikah, funeral, burials, lectures, meetings & seminars.

c) To organise and undertake such other projects consistent with the spirit of Islam as the trustees decide from time to time.

In setting our objectives and planning our activities our Trustees have given careful consideration to the Charity Commission's general guidance on public benefit.

Achievements and performance

The Charity carries out a wide range of activities in pursuance of its charitable aims:

The main achievements have been to provide a building for prayer, worship and teaching.

A place for 5 times payer.

A place for children to learn Quran and Hadith.

A place to propagate Islam to the wider public.

A place for Nikah wedding ceremonies.

The construction work for the Janazah washing room behind the Masjid have completed. The room consist of washing area, a fridge and preparation area for the Janazah. The room is easily accessible from the car park area for both males and females.

The trustees would like to give a special thanks to everyone that have donated towards the construction of the Janazah facilities.

Over the years the wider public have benefitted because the teachings have helped the youth to behave correctly over the years.

We have been able to propagate Islam to the non Muslims, so they also benefit from the teachings of Islam.

Chorley Muslim Trust Trustees’ annual report for the period ended 31 July 2020

Structure, governance and management

Chorley Muslim Trust is registered as a Charity with The Charity Commission under charity no: 1094319.

The Charity is regulated by declaration of trust executed on 7th August 2002.

Appointment of charity trustees

All trustees gather and make a joint decision.

Reference and administrative details

See preceding page under 'Charity Information'.

Names of the charity trustees who manage the charity

All trustees are named on the preceding page under 'Charity Information'.

Financial review and reserves policy

Funds available are sufficient to permit the charity to continue in operation in the medium to long term, together with the continued support from the donors.

There are no uncertainties about the charity continuing as a going concern.

The Trustees actively review all major risks which the Charity faces and drawn up a risk assessment which is reviewed at every meeting. The Trustees are satisfied that all systems are in place and arrangements have been made to manage any risks identified.

The Trustees would like to thank all those who assisted us with their moral and financial support and trust they continue to do so.

Statement of Trustee’s responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that period in preparing these financial statements, the trustees are required to:-

h Select suitable accounting policies to be applied consistently
h Observe the methods and principles in the Charities SORP
h Make judgements and estimates that are reasonable and prudent
h State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and,
h Prepare the financial statements on the going concern bases unless it is inappropriate to presume that the charitable company will continue in operation.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Chorley Muslim Trust Trustees’ annual report for the period ended 31 July 2020

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

Approved by the Trustees and signed on its behalf by:

Mr Mohamed Sajid Date: 19/04/2021 Trustee

Chorley Muslim Trust

Independent Examiner's Report to the Trustees of Chorley Muslim Trust

I report to the trustees on my examination of the accounts of Chorley Muslim Trust (the Trust) for the period ended 31 July 2020.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 ("the Act").

The charity's trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

It is my responsibility to:

l examine the accounts under section 145 of the Charities Act,
l to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
l to state whether particular matters have come to my attention

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the 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 statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

l the accounting records were not kept in accordance with section 130 of the Charities Act; or

l the accounts did not accord with the accounting records; or

l the accounts did 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.

The appointed independent examiner of the trust:

M A Ibrahim (FCCA) for and on behalf of Date: 19/04/2021 M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE

Chorley Muslim Trust Statement of financial activities for the period ended 31 July 2020

Notes Restricted Unrestricted income Endowment Total funds funds funds 2020 Income 3 £ £ £ £ Income and endowments from: Donations and legacies 27,223 - 12,401 39,624 Expenditure 4 Expenditure on: Charitable activities 23,846 - - 23,846 Net income/(expenditure) for the year 3,377 - 12,401 15,778 Reconciliation of funds Total funds brought forward 116,855 - 468,926 585,781 Net incoming resources for the year 3,377 - 12,401 15,778 Total funds carried forward 120,233 - 481,327 601,559	Total 2019 £ 117,028 78,938
	38,091
	547,690 38,091
	585,781

Chorley Muslim Trust Balance Sheet At 31 July 2020

Notes Restricted Unrestricted income Endowment Total funds funds funds 2020 £ £ £ £ Fixed assets Tangible assets 5 51,802 - 481,327 533,128 Current assets Cash at bank and in hand 66,768 - - 66,768 66,768 - - 66,768 Creditors:amounts falling due within one year Trade creditors and accruals 6 (1,663) - - (1,663) Net current assets 68,431 - - 68,431 Net assets 120,233 - 481,327 601,559 Funds of the Charity 7 Unrestricted funds 120,233 - - 120,233 Endowment Waqaf funds - - 481,327 481,327 Total funds 120,233 - 481,327 601,559	Total 2019 £ 517,811 66,020
	66,020 1,376
	64,643
	582,454
	116,855 468,926
	585,781

Approved by the Board of Trustees and signed on its behalf by

Mr Mushtaq Munshi Date: 19/04/2021 Trustee

Chorley Muslim Trust Notes to the Accounts for the period ended 31 July 2020

Basis of preparation

1 Basis of accounting

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102 and charities SORP (FRS 102) effective 1 January 2019, published by the Charity Commission in England & Wales.

The charity is a public benefit entity.

2 Accounting Policies

Income

Income from charitable activities and voluntary donations are included in full in the Statement of Financial Activities when received. The value of services provided by volunteers has not been included.

Expenditure

Expenditure is included in the accounts on an accruals basis.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fittings and equipment

5% Straight line

Unrestricted funds

Unrestricted funds are donations and other incoming resources receivable or generated for the charity without further specified purpose and are available as general funds.

Restricted funds

Restricted funds are funds subject to specific trusts, which may be declared by the donor(s) or with their authority (e.g. in a public appeal) or created through legal process, but still within the wider objects of the charity. Restricted funds may be restricted income funds, which are spent at the discretion of the trustees in furtherance of some particular aspect(s) of the objects of the charity, or they may be endowment funds, where the assets are required to be invested, or retained for actual use, rather than spent.

Endowment Waqaf funds

Endowment Waqaf funds as applied to mosque property is a religious endowment. The properties under Waqaf endowment are dedicated to Allah SWT for public benefit on a perpetual basis. Restricted Fixed Waqaf funds cannot be gifted, granted or disposed.

Chorley Muslim Trust Notes to the Accounts for the period ended 31 July 2020

3 Analysis of income Donations and legacies Donations Rental income Total Total income 4 Analysis of expenditure Expenditure on charitable activities Wages Employee pension HMRC JRS Grant Heat and light Water charges Bank charges Insurance Repairs and maintenance Cemetery prayer shelter contribution Depreciation Stationery, postage and printing Accountancy fees Payroll fees Independent examiner's fee Total Total expenditure	Restricted Unrestricted income Endowment 2020 funds funds funds Total funds £ £ £ £ 22,083 - 12,401 34,484 5,140 - - 5,140 27,223 - 12,401 39,624 27,223 - 12,401 39,624 Restricted Unrestricted income Endowment 2020 funds funds funds Total funds £ £ £ £ 12,884 - - 12,884 330 - - 330 (2,569) - - (2,569) 5,374 - - 5,374 1,586 - - 1,586 12 - - 12 2,079 - - 2,079 - - - - - - - - 3,510 - - 3,510 - - - - 225 - - 225 265 - - 265 150 - - 150 23,846 - - 23,846 23,846 - - 23,846	2019 Prior year £ 112,108 4,920
		117,028

		117,028
		2019 Prior year £ 12,270 227 - 3,918 1,360 29 3,360 862 52,231 3,510 590 225 205 150
		78,938

		78,938

Chorley Muslim Trust Notes to the Accounts for the period ended 31 July 2020

5 Land, buildings, equipment and fittings

Cost At 1 August 2019 Additions / Improvements At 31 July 2020 Depreciation At 1 August 2019 Charge for the year At 31 July 2020 Net book value At 31 July 2020 At 31 July 2019 6 Debtors Analysis of debtors: 6 Creditors Analysis of creditors: Trade creditors Accruals	Buildings £ 462,500 18,827	Fittings and Total equipment Land £ £ £ 68,595 30,550 561,645 - - 18,827
	481,327	68,595 30,550 580,472
	- -	43,833 - 43,833 3,510 - 3,510
	-	47,343 - 47,343

	481,327	21,252 30,550 533,128
	462,500	24,761 30,550 517,811
	2020 £ 2020 £ 699 964 1,663	2019 £ 2019 £ 699 677 1,376

7 Analysis of fund assets and liabilities

Tangible fixed assets Current assets Current liabilities	Restricted Unrestricted income Endowment Total funds funds funds 2020 £ £ £ £ 51,802 - 481,327 533,128 66,768 - - 66,768 1,663 - - 1,663
	120,233 - 481,327 601,559

8 Details of certain items of expenditure

Fees for examination of the accounts Independent examiner’s fees	2020 £ 150	2019 £ 150

9 Transactions with trustees and related parties

There were no benefits, expenses or remuneration paid to the Trustees or persons connected to them.

Chorley Muslim Trust Notes to the Accounts

for the period ended 31 July 2020

10 Employees Average number of employees	2020 Number 2	2019 Number 2