IlJ8 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED I JANUARY 2023 FOR BILAL MASJID TRUST GREENFORD REGISTERED CHARITYNUMBEIL. 11197074 Contents of the Financial Statements for the Year Ended l Janua 2023 Pag¢ Report of the Trustees I to 10 Independent Exarninerfs Report Statement of Financi￿ Activities 12 Balance Sheet 13 Note5 to the Finan¢iai Statements 14 10 20 Detailed Ststement of Firtanci41 A¢tivitie5 21 to 22 Bilal Mas. id Trust Greenford Re ort of the Trustees for the Year Ended l Janua 2023 Thettustees presenttheirreportwiththe financial statem¢nts ofthe charity forth¢year¢nded l January 2023.Th¢trustees hav¢ adopted the provisions of Accounting and Reporting by Chariti¢5'. Ststem¢nt of Recommended Practice appl]￿ble to charities preparing their xcounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 20191. Hlg¢0ry ofthe Ch#rlty: Bila] MasjidTrust (Greenford). formerly knoMryL &s Greenford Islamic Welfar¢ Association IGIWA). was estsblished over 20 years ago on 15th April 2003. The primary purpos¢ at th¢ tim¢ was to provide a place for daily congregational prayers, Jutnmah (Friday} prayer and religious cl&sses for Mu$ltm ¢hildr¢n. However, noboty envisaged at the time that this was the birth of one of th¢ key Masjiil in GTe¢nford. It commenced in 2003 by hiring a small garage behind the shops which was situated at 1290A Horsenden Lallt North. Then Is th¢ ￿MMunity gT¢W and the demand in¢rease¢l s¢)me key ¢OTnmunity Brothers & Sisters took the eoura8e to purchase 2 Shops on Horsertden Lane North in March 2010. where Masjid is established today. In Dec¢M￿r 2014, the community trK>k the opportunity to purch&s¢ a next4Joor shop where the existing Masjid is standing on 82-86 Horsenden Lane North. In 2018 - 2019 M&sjid went through significant expansion work. At time, we rented the properties ftir our lrnams, accommodation and paid thousands of p)unds ¢a¢h month ¢)n renl. We were actively looking forpremises nearby where it 15 easy for Imam to trdv¢I to the Masjid. By the Will of Almighty. one of the upstairs flats ¢ame for sale. and M&sjid grabbed the opport1￿lty ¢0 pur¢hos¢ the flat. In March 2021. Masjid pureh&sed a flat 88A Hors¢nd¢n Lan¢ North to a￿0MmOdate our Imam. And the journey of the Masjid is still contiTrucd. OWECTIVES AND ACTtVlTIES Objectlves 8nd aims We continue to focus on th¢ aims and objectives of the Charity, all th¢ below activitie5 are in line with the aim5 of the charity &5 outlined in the constitution (Point Cl SlgDllkant 4th1ties Q Masjid to allow congregational prnyers 7 days a week 365 days a year Parttitne Islamic education for ¢hildr¢n between the ages of 5 and 16 years for children Sadaqah ¢ollection and distributio Marria8¢ ¢ouns¢lltng provida by our religious scholars O Advice and counsellin8 Adult Arabic classes taught by reli8ioUS teachers Youth Activity organised by frw brothers to engage the youth of Greenford with Masjid Pag¢ I ntinued.. Bilal Mas id Trust Greenford R_e nrt_ nf thp. Trii4tp.p.* fnr thp. y￿.￿r F.nApA 1 .Toni1￿r ACHIEVEMENT AND PERFORMANCE As ttustees of the Masjid, it is our responsibility to provide a comprehensive overview of the achievements and perfornian¢e of the Masjid durirtg the reporting p¢riod. We ore proud to presertt this report. hi8hli8htin8 the signifJcan¢ mplishments and progress made by the Masjid in fitlfilling its mission and serving the community. l. ExpaDsloa Rentsv*tion: Over the pasi ye8x. the Masjid undertook a minor r¢novation work to accotnmodate the growing needs ofthe community. This ambitious endeavour wa5 successfully compl¢¢ed resulting in increased prayer spaee. improved faciliti¢5, and enhanced amenities. The renovation has allow￿ us to Cater to a larger congrtgation attd provide a comfortable and wel¢oming environment for worshippers. The main work done wa5 puttin8 the quartz on the wall4 r¢furbishm¢nt of Wadu are& and laying the new carr 2. Educatloml Pr•gr4ms: The M&sjtd has placed great ¢mphasis on educational program$ to promote Islamtc knowledg¢, valyes, and traditiort$. We have estsblish¢d regular Arabi¢ Classes & seminars covering various ospe¢ts of Islam, it)cluding Qurani¢ studie4 Islamic ethic5. and th¢ lif¢ of the PToph¢t Muhammad (peace be upon him). Additionalty, w¢ have introduced pn)grams specifically tailored for children and youth to nuttsre their spiritual grtsNvth alld understanding. 3. Soci81 Welfare Initi•tlves The Masjid h&5 a¢tiv¢ly supported and participated in social welfare initiatives, aiming to address the needs of the le5S fortunate and vulnerabl¢ members of swiety. We have organized clothing donations, and fundraising Campai￿ to assisi those factng economi¢ hardship$. Moreover. the Masjid ha5 collalN>rated with l(Kal chariti¢s and organizations to extend our impa¢t ond ¢olleciively serve the broader community 4. Cyllurll Events and CelebrAtlons: To celebrat¢ and preserve our rich cultura] heritage, the Masjid h&s organized various cultural events and cclebrations throughout the year. These include providing Ramadan Iftar to about 125 Musjim bwthers in the Masjid. We also organised Eid congreg￿]0￿ in the park. Such event$ have rK)l only brought joy &)d entertainment to the community but have also promoted cultural understanding and appr¢ci*ion. CoD¢lusion The a¢hieYernents and perforniattce of the Masjid during the reporting period refiect our dedication and commitment to serving the wmmunity and promoting the values of Islam. We are gr￿tful for the SUPEM)rt and contributions of th¢ Community member& volunteer5. and donors who have ma(k these accomplishments ￿)SSIble. Looking forward, w¢ remain committed to further e]thancin8 our service4 ¢xpanding our outreach. and Continuing our mission of building a stron8 and inclusive community. Page 2 continued... Bilal Mas. id Trust Greenford rt of the Trustees for the Year Ended l Januar 2023 FINANCIAL REVIEW ID thi5 financial revi¢w, we present an ov¢rvi¢w of the Masjid's financial perfornian¢e and stability for the reporting period. We aim to provide trdTrsparency a[￿ accountsbility regarding th¢ management of fimds entrusted to us by the community. l. Ineorn¢ Sowr¢ The Ma5jid's incom¢ primarily eompriw donalion$ from community members. including regular Contributions one-time donations, and thndraising effort5. We are grateful for the continued generosity of our community, whi¢h enables us to sustsin our operAtions and undertake various initi*ives for the benefit of the community. Masjid is using different Card t¢Tminals such as Payacharity, Sumup, Gocardless fordirectdebit and Stripe foronlinepayments. As economy is getting ¢ashl¢ss. most of the people prefer to pay viaone of theabove payEnent meth(NJs. Using thetechnolosy h&$ played a great rol¢ in increasing the donations. All of the financial figures are presenled on Detailed Statemtnt of Financial Activitie5 section of the accoun Incoming Resources £221.W.00 £232.643.00 £￿0J￿K1 £zoo.otrfJ.00 £￿￿000￿0 E12,050.00 - £40,n9.1M) É10.835.00 - £33.15QOO £50.(￿ £offjo 2023 £211,690.00 £ts.050.00 £40.739.00 202Z •M*4ld Ihtom• 11 S•daq• & Zakat reCe￿d Madrawh Income £iOB35.00 £33,ts0.00 2. Financl81 Stewardship As trustees, we are committed to ensuring the responsrble altd ethieal stewdrd5hip of the M&8jid5's finances. We maintsin accurate firwlciai rxords and irnpletnent robust internal controls to saf¢guard the funds entrusted to us. We also engage independent examiner to conduct annual financial examinati¢)n. enswing transpar¢n¢y and ￿cOUntabl]ity in our finan¢ial management prdCti¢¢s. 3. FU￿dra1￿Thg ind FIDanclal SustalDgblllty To ensure the long-tern) finan¢ial sustainability of the Masjid, we actively en8age in fundr&ising efforts throughout the year. The$¢ ¢ffons in¢lude organising fundraising events spe¢ia]ty in last days of Ramadan. seeking donatio￿$ from the members of community during Friday prnyers and exploring othcr opportunities. We maintsin open and transparent communication with the community regarding our financi81 needs and the impact of their contributions. 4. Golng ¢oneern As trustees, we have ¢arefulty evaluated the fiTWI¢iO1 position of the Masjid to ensure its lon8-tenn 5UStainability and viability thorough review of the M8sjid'$ financial statements, and fundin8 sources to evaluate its financial health. This analysis includes assessing the t*Jequecy of reserves. analysing income sourc£8, and r¢vi•vin8 eX￿￿Se5 to ensure financial sustainability. We conduct scenario analysis, takin8 into xcount external factor5 su¢h as ¢¢onomic Condilions, chang¢s in regulations and community dcmo8fdphic5. This proactive approach allows u5 to identify pot¢ntia] risks and develop strat¢gi¢s to mitiwdte them. ensuring the Masjid's ability to function &8 a 80ing concern. Page 3 continued... Bilal Mas id Trust Greenford ort of the Trustees for the Year Ended l Januar 2023 5. Eipendltureg The Masjid's expenditure5 encomp&ss a range of ￿t£sOneS, including but not litnited ttTr.' Facility maintenance and utilities.. This in¢ludes the ¢osts associated with maintaining the Masjid pr¢mise& such as repairs. renovations, ¢leanin& and utility bills. Staff salaries and benefits: To ensure efficient operations. we employ dedicated staff m¢mb¢rs who play essential roles in managing ihe Masjid's affair5. or8aThising programs, and providing services to the community. Administrative expenses.. This includes expens¢s related to office supplÉes. commullication servi¢¢s, xcountin& and PTof¢ssi0n￿ fees netess8ry for the sm(K>th fi]n¢tioning of the masjid's adtninistrative operations. i&fj. Resources Expended Bank charges Depredaiion Professlonal fees &,186. So¢urlty& safety £2,043. Hall hlre w £1 L,, E&. Guostwvlces 014nlfi8 compu￿ ¢xpen5es Suhdrles ait.fA Telephoni £542. £615. UOhtab￿ h "d.'Ag% Insuranee ¥_ Pen51ons &111.88 M•5Md So￿rIeS f50348JIO Books for M•dr45s•h MadY•ssah S•brfes £23,995 29.088.00 £&,¥ll 2022 ll 2023 Concluslon: The Masjid's financi￿ r¢vi¢w reftects our cornmitmentto sound financial management, accountability. atMI tr8nsparen¢y. We ar¢ grat¢ful for the continued 5UPPOrt and contributions of our ¢ommunity members. which enable us to fulfill our mission and serve the needs of the community ¢ff¢ctsvely. As trustees, we remain dedicated to eThsurin8 the prndent and responsibl¢ use of thnds, prioritizing the lon8-tern) fiTwJ¢iai sustsinability of the M&sjid. and M￿lmiSing the post¢ive irnpa¢t of oyr fi[￿n¢la1 resources on the community. Page 4 ¢ontinued... Bilal Mas'id Trust Greenford ort of the Trustees for the Year Ended l Janua 2023 FUTURE PLINS The Tn]stee$ ore committed to ihe ongoing dev¢lopment and growth of our institution. In this section, we outline our future plans and vision for th¢ Masji¢ aiming toprovide transparency and clarity re8ardingourobjectiv¢s and aspirntion$. l. Faelllty Upgr*d We plan to continue investing in fa¢ility upgrades to ensure that our Masjid retnains a ￿mfortable and welcoming space forall worshippers. This ill¢lud¢s improvementsto th¢ prayer are￿ ablution facilities. and parkin8 infraStruC￿re. WewEII prioritise projects that enhance accessibility, safety, and over￿1 ¢onveniert¢e for the ¢ommunity. We aim to finalise the constri￿tiOnw0rk by nextyear. including theredecoration ofthe Masjid outside froTrL front awning and signag¢. We are also planning io instsll a retractable awning in the backyard of the M&sjid tts protect worshippers during rainy at)d ￿ld days. L Yomth *Dd Edueatlon Reeognising the importance of nurturiD8 th¢ spiritual gr0￿h of our youth. we will focus on expanding our educational progrdms and activities. This will involv¢ establishing a dedi¢ated youth centre near the Masjid premises. equipped with resources for learning and development. Additionally, w¢ plan to enhan¢¢ our existing educational progjwns to Cater to the Community's evolving needs. 3. Commuttlty Servle£s Our commitmeDt to serving th¢ ￿MMunity will remain a c¢t)tral focus of our future plans. We aim to eXp￿d our social welfare initiative5, including fty)d drives. clothing distribution. and aTran8in8 Eid Festiva]5 outrcach to marginalized communities. During Ramadan, Bila] Masjid has organised Iftar and dinner throughout the month for ￿Ound 125 brothers and elders. In last 10 nights we also organised Suhoor for th0￿ brother5 who perfonned Itikaf. Furthermoie. we will explor¢ partherships with local oigartishtions to provide coun5elling service4 mentorship program5, and 5UPTX>rt for young individua]s and families in need. 4. TeehlloloLv llltegrntlon We acknowled8e the importance of technology in enhancing comrnunication and wnne¢tivity. In the coming years, we plan io l¢veTage technology to improye our service5, streamline admini$trativ¢ pro¢¢ss¢s, and ¢tthan¢e Community enga8cment. We already have user-friendly Masjid app which ¢onne¢ts us wilh the communty. We are also using digital communication tools such &8 FacebooL Twitter, In5tw8m to keep th¢ ¢ommunity informed and engaged. CfjDclusion Our futyre plans refie¢t our commitment to continuously improving our services. engaging with the e4)mmunity. and upholdin8 the values of Islam. W¢ aTe grateful for the support and contributions of our community members. voluntttr& and donors who play an integral role it) shaping the future of our Masjid. Together. we will work towards r¢a]izin8 these plans and creating a vibrani and itjclusive spa¢e that serves the Spiritual. educationa], and social needs of our eommunity. Pag¢ 5 continued... Bilal Mas id Trust Greenford ort of the Trustees for the Year Ended l Janua 2023 YOUTH ACTivTfY- 2022 Youth Committee is ple&8ed to present the annual rcport for the Youth Activity program, Itighlighting the achi¢v¢m¢nts and impact of OUT initiatives throughout the year. This report provides an overvicw of the diverse partieipatÉon from various nationalities and backgrounds and the ran8¢ of a¢tiviti¢s and events that trrf>k place during the reporting p¢riod. rtiCl￿￿ON The Yolrth Activity progrdtn h&s successfully attta¢ted participants fronj differeDtDationaiiti¢s and backwunds, fostering a sense of unity, ¢ultura] exchange, and mutual Tespect. The followin8 nationalities were reprexot¢d in our program.. Afghan& Algerian5. Ban8lade5his, British, Indians morocc￿8, Pakistanis, PalestiDjanS, Somalians. and more. This divers¢ mix of participants created all in¢lusiv¢ and enriching envtronm¢nt where everyon¢ ¢ould learn from one another and ¢¢lebrate our shared values. Pardt•l*rs Aug 21-De¢ 21 57 J8n 2>Dec 22 YouTh8 people {ag¢d 11-241 who attended even15 113 Number of events Total parti¢ipations (young pwle x number of ¢v¢nts they attended) 99 245 Aftlvltks Our Youth program aimed to provide & wide range of engaging Ktivities that catered to the interests and pr¢fer¢nc¢s of our div¢rse parti¢ipants. Throughout the year, the following activities were undertaken.. a) Ffjotgolf: P8ni¢iP&rts enjoyed a fun and competitiv¢ gam¢ that Combined elements of foothall and golf. It provided an opportunity forte#mwoTk, phy$i¢81 ¢xer¢ise, and friettdly comwition. b) Football: Regular football matches were organizrf allowing parti¢ipants to show¢w¢ th¢iT skill4 build teamworL and promote a healthy active lifestyl¢. c) Bowllllg: Bowling 5e55ions provided a rel&x¢d at)d social atm05phcre for participants to engage in friendly competition. develop theÈr bowling techniques, and foster new friendship5. d) MIDlgolfr. Participants enjoyed th¢ ¢hallenges and excittmetht of mtni8olf, 5trengthning their fr¢us, precision, aTKI strategic thinking while having a great time with their peers. e) Dodge￿11.. Dod8ebail Sessions encouraged teamwork. agility. aDd coordination. Participants a bl&8t d(wJgin8 and throwing ba115 while lesrning va]uabl¢ ¢ommuni¢ation and Strategy lessons. Hlklng.. Guided hiking trips allowed participants to ttsnnect with nature, promot¢ physi¢d fitness. and apprcciate the beauty of the outd(K>rs while fosiering a sense of adventUTe and resilien￿. g) Arehery: Participants lewned the ancient art of archery. honing th¢ir ¢¢)nc¢ntration, discipline. and hand•¢ coordination. It provided a ut)ique and ¢hallengiD8 experience for ¢v¢ryone involved. h) Axe Throwing: Axe throwing sessions allowed partieipants to t¢St th¢ir pre¢ision and skill as they learn￿ th¢ technique5 of this thrilling and ancient sport. il or1e￿tAtIon. Orientalion sessions were conducted to welcome new p8rti¢ipanty introduce them to the program's values and activiti¢s, and provide guidance on how to make the most of their experience. j) Islamic Talks: Talks wer¢ organized ort various Islamic topics, providing participants with opwtunities for spiritual growth, knowldge ￿qUISItIOn. and refitction. k) Islamlc Qu17Z¢5: Engaging quizzes were held to test parti¢ipanW knowledge of Islam. encourdsill8 healthy competition and leaming. I) QuT8ll RecltAtIoD: Participantshad thechanceto improv¢theirrKitationofthe Holy Quranthrough r￿ltation Classes nd recitstion ¢ompetitions. deepening their understanding and ¢onn¢ction with the Qurdn. m) Hadith Re¢ltatlon: Parti¢ip8rtts explored the te4chings of the Prophet Muh8mmad {peace be upon him) through Hadith recitation sessiott& allowing them to goin insights into Islatnic traditions and values. n) Health & Fl¢n¢M SemlD#r: A seminar On health gnd fithess was otEanitr4 providing valuable inforniation on maintaining a healthy physical and tnental lifestyle. ) Eid BBQs.' Festive Eid BBQS were organized. allowing participants to Comc together, celebrat¢ the joyous occasio and ¢nj¢)y delicious food in a Convivial atmosph¢r¢. p) Iftaar: Eftaar events were held durin8 th¢ hoty month of Ramadan, whe¥e participants g*h¢r¢d to break their f8sL pray togther, And engage in community bondin& Page 6 continued... Bilal Mas. id Trust Greenford rt of the Trustees for the Year Ended l Janua 2023 YoirrH AcrtVlTY- 2022- Contlnued Islamic talks were an integrn] part of all events throughout th¢ year, providing participants with valuable insights into 151ami¢ twhings prin¢ip1¢5, and values. Expert guest s￿akerS were invited to sh￿C their knowledge and engage participants in meatEingful discussions, further enriching Their ￿d￿StandIng of Isl8m. To ¢nsur¢ th¢ Comfort and well-being of our porticipattts, breakfas¢ brunch. lunclL dinner. or $n￿kS were provtded at all ev¢nts. This helped create a w¢l¢oming and inclusive environrnenL where partLCLpaTrts could focus on the activitie5 and enjoy delicious mea]s together. To ¢tthance communication and keep partieiP8nts inforni￿ aknut upu)ming event& updat¢5, and imwrtant announcement& the Youth Activities page of the Bilal M&sjid website w&% creat￿1 dilig¢ntly maintained. The pa84 cessible at https'.Ilwww.lTril#1masjid.eD.u￿scrnlC¢$IV￿￿th-￿e1lVII1cs, served &8 a central hub for progrdm inforniation. event details, and contact infom￿tIO￿ allowin8 participants to stsy conne¢t¢d and en8ag¢d throughout th¢ y¢aT. W¢ ￿knOwledge and apwKiat¢ the efforts of the organizing team, volutrteer& guest 4)e8keTS, and sponwrs who eontributed to the succes5 of the Youth Activity program. Th¢ir dedication and suP￿rt played & vital role in ¢r¢ating a vibraTht and enrichin8 experience for all parti¢ipaDts. Pa8¢ 7 Itinuoj... Bilal Mas'id Trust Greenford ort of the Trustees for the Year Ended l Janua 2023 MADRASAH BILAL EXECUTIVE SUMMARY This documentcomprisesthe summary oftheannual retth fortheyear2022. The tnain focusofthis report isour financial p¢rforn)an¢e during This period. Madrnsah Bilal remains committed ty providing quality education and nwturin8 th¢ spiritual growth of our styd¢nts. Student Enrolments: Irt 2022. Madr&sah Bilal served a tota] of155 students a¢ros$ 10 Cla￿8. We wer¢ ¥bl¢ to ben¢fit 76 tws and 87 girts with Quran readiTh8 and Islami¢ Studies lessons. FlnaMei*l SuthmAry: The financial perforn￿1Ce of Madrasah Bilai dwing 2022 was as ft*llow5: 155 Iliiiiiili ancial SUmD￿ry. The financial perfomianee of Madrdsah Bilal during 2022 as follows: MADRASAH BILAL2021 INCOME SUMMARY MADRASAH BI￿L 2022 EXPENSES SUMMARY OutstandinL. 12AIS.00 Income 40,739.￿1 Bad debt, £6,156 oiher eJtpen5es. £1,083 Teathers¢ and returned if unspent, in whi¢h ¢a5¢ it May be regarded as restricted. Resources ¢xp¢nd¢d Expenditure is recognised on an a¢crua]s basis as & liability is incurred. Expenditure includes any VAT which cannot b¢ fidly r¢￿VeTed, and is Classified under headtngs of the statement of financial a¢tiviii¢s to which it relate5.' Expenditur¢ on raising funds includes the costs of all fundrdisÈll8 activities, events, non.dwitsbl¢ trading activitie& and th¢ sale of donated goods. Expenditure on charitable a¢tivi¢ies includes all ¢osts incurred by a charity in undertaking ￿tIVItieS that further its charitabl¢ aims for the benefit of its beneficiarie5, including those support costs and costs r¢lating to the governance of the charity app)rtioned to charitable activities. Other expenditiw¢ includes all expenditure that is neither rel￿ed to raising funds for the charity nor part of its expendi¢w¢ on charitable activities. All costs are a]lo¢&ted to expenditure categories reflecting the use of th¢ resour¢¢. Dire¢t costs attributable to a single octiviry are allocated direttly to that activity. Shared costs are apportioned betwttn the activities they contribute ￿ OAJ &reasonabl< justifiable and consistent ba8is. T*nglbk fixed assets D¢pre¢iation is provided atthe followiTh8 annua] rates in ordertowrite off eath asset over its estimated usefvl lift. Jmprovements to property Office equipments Fixtures and fittings IOOA on cost 25% on reducing b￿ance 250h on eost Page 14 continued... Bilal Mas. id Trust Greenford Notes to the Financial Statements for the Year Ended l Janua 2023 ACCOUNTING POLICIES- continued Sto¢ks Siocks are valued at the lower of cost and net r￿lIsable va]u< after making duc allowance for obsolete and slow moving items. TAxxtlon The charity is ex¢rnpt from t&x on its charitable activities. FuTJd 8¢eountlng Unr¢$trÉct¢d fiEnds ar¢ available for us¢ at th¢ diw¢tion of th¢ twstees ¢0 fiwther any of the charity's purpose5. Designated fimds are unrestricted fi￿dS ¢amiark¢d by the trusiees for particular future projeci or ¢ommittnent. Restri¢teil ￿lld$ are subjected to restriciions on their expenditure declared by the donor or through the ternis of an appeal, and fall into one of tsvo sub-cl&sses.' reStri￿ed income futtds or ettdowment PeD5ion costs and other post-retirement benefits The ¢harity Oper￿eS a defined Contribution pensioth scheme. Contributions payable to the chariws pension Sel￿ne are charged to the Statement of Financial Activities in the period to which th¢y r¢1*. DONATIOIYS AND LEGACIES .1.23 1.1.22 Grants Donations & eoll¢¢tions Friday wllections Other miscellaneous income In¢ome+ Standing Order Income- Advertisement Nikah income 22,387 118,8(K) 69,962 3.617 15.638 1,819 420 95,113 97.462 2.679 24.376 920 232 643 Grants rec¢ive¢L included in the aE&)ve, are as follows.. 1.1.22 Other grants Page 15 continued... Bilal Mas id Trust Greenford Notes to the Finaneial StatemenLq fnr the YeAr F.nd(b.d l .TAniiA 21121 INCOME FROM CHAIUTABLE ACTIVITIES 1.1.22 Activity Madwsah Madrassah Sadaqah & Z¥kat Madrassah fres Madrassoh book sale Sadaqa & Zakat rec¢iv¢d 38,079 2,660 30,887 2,263 RAISING FUNDS Ratslng doDAtions and k￿¢1¢$ 1.1.23 1.1.22 Fund raising expenses Ev¢nt costs 97 250 4.473 CHARITABLE ACTIVITIES COSIS Support ¢0sts15ee note 61 Direct Q>sts Totals Madrassah Sadaqah & Z8kat Mosque & eommunity 32,104 10,600 32,104 10,61K) 118426 118426 118426 161,130 SUPPORT COSTS Governanc¢ Mallagement Finance Totsls Mosque & community 115 019 118426 TRUSTEES, REMUNERATION AND BENEFITS Ther¢ were no tNstees' remuneration or other benefits for the year e[￿ed l January 2023 nor for the ye4r ¢nd¢d l January 2022. Tru5tees' exp¢Dses There W¢Te no tNstees' expenses paid for the year ended l January 2023 rMTrr for the y¢ar ended l January 2022. Poge 16 nlinued... Bilal Mas'id Trust Greenford Notes to the Financial Statements for the Year Ended l Janua 2023 STAFF COSTS 1.1.23 1.1.22 Wages and salarie5 Other pension costs 50,348 558 44,194 449 The average monthly number of employees during the year &$ follows: 1.1.23 1.1.22 Mosque staff 10 13 12 No employees received etnoluments in excess of £60,IK)O. COMPARATIVES FOR THE ST ATEMENT OF FINANCIAL ACTtIqTIES UnrestTi¢ted Restricted funds fund Total nds INCOME AIYD EP4DOWMENTS FROM Donations and legacies 232,643 232.643 Cb#ritable activities Madrdssah Sadaqah & Zakat 33,150 33,130 Tot41 265 793 276 628 EXPENDITURE ON Raising funds 4,723 4,723 Ch*rit8ble &ttfvI￿èS Madrdssah Sadaqah & Zakat Mo4ue & community 31,893 31,893 8,950 8,950 Total 147611 156561 NET INCOME 118.182 1.885 120,067 RECOPICILIATION OF FUIYDS Totsl funds brought forward 820,086 3,187 823,273 TOTAL FUNDS CARRIED FORWARD 938 268 943 Page 17 ntinued... Bilal Mas'id Trust Greellford Notes to the Financi21 StAtement* fnr the Ye2r F.ndg.d l .TAnii 21121 io. TANGIBLE FIXED ASSETS Improvements to propety Fixttwes Freehold property Office equipments fittings Totals COST At 2 January 2022 AdditiOIts 806,966 192,200 23.816 365 1,025.382 At l January 2023 203 471 1053 675 DEPRECIATION At 2 January 2022 Charge foryear 19.220 19.682 11,133 1.100 31,453 At l January 2023 14 NET BOOK VALUE At l January 2023 164.569 At l January 2022 172980 ii. STOCKS 1.1.23 1.1.22 Stocks 520 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 1.1.23 1.1.22 Trade d¢btors Othtt debtors. Qarde Hasana 12.67S 14.171 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 1.1.23 1.1.22 TrJd¢ ¢r¢dttors Social security and other tsx¢s Net wages Prdyable Pension Qarde H&sana Accryal$ and def￿ income 12.151 {253) 4,579 338 154,003 1,212 124 62,000 171818 Page 18 Continued... Bilal Mas'id Trust Greenford Notes to the Financial Statements for the Year Ended l Janua 2023 14. MOVEMENT IN FUNDS N¢t movement in fithds At 1.1.23 Ai 2.1.22 UDTestTiCt¢d fvndg General fvnd 938268 107,YJ5 1,046,173 Restrlcted fvnds Sad4ah & Zakat 5,072 1,450 6.322 TOTAL FUNDS 052 695 Net movement in funds included in the above are as follows.. Incoming resources Resour¢e$ expended Mov¢ment in fimds Unreslri£ted funds General fund 262.429 (154.524) 107,905 Restrlcted fvnd$ Sadaqah & Zakat 12.050 (10,600) 1.450 TOTAL FUNDS 274 479 165 124 109355 Comp4rgtlv¢$ for movement ID funds Net movernent in fuDds At At 2.1.21 Unrestrleted fuods Genera] fund 820,086 118,182 938268 Restricted funds Sadaqah & Zakat 3,187 1,885 5.072 TOTAL FUNDS 823 273 Pag¢ 19 ¢ontinued... Bilal Mas id Trust Greenford Notes to the Financial Statements for the Year Ended l Janua 2023 14. MOVEMENT IN FUNDS- ¢oDtiDued Comparntive net movement in fund4 included in the aboye are as follows: Incomin8 resources liesour¢¢s ¢xpended Movem¢nl in fvnds UDrestTiCted t￿ndS General fund 265,793 1147,6111 118,182 Restrlcted Sadaqah & Zakat 10,835 18.950) 1.885 TOTAL FUNDS 276 628 156 A ¢urr¢nt year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 1.1.23 At 2.1.21 UDrestrltt¢d [ll￿d$ General fvnd 820,086 226,087 l.(M6,173 Restr￿ted funds Sadaqah & Zakat 3,187 3,335 6.522 TOTAL FUNDS 823 A CUfTent year 12 motrths and prior year 12 months ¢ombined net movement in funds, induded in th¢ above are as follows: Incoming resource5 ResouTC¢S exp¢nded Movemeni in fimds UDrestrltted fund8 General fund 528,222 (302.135) 226,087 Restricted fvDd$ 48h & Z4ka¢ 22,885 (19.550) 3.335 TOTAL FUNDS 551 107 321685 RELATED PARTY DISCLOSURES There were no related party tran￿tIonS forthe year ended l January 2023. Page 20 Bilal Mas'id Trust Greenford Detailed Statement of Financial Activities for the Year Ended l Janua 2023 1.123 1.1.22 IiYCOME AND ENDOWMENTS Donatlons and legaeles Grants Don￿10￿5 & ctslledions Friday collections Other miscellaneous income Income- Standing Order Income- Advertisetnent Nikah income 22.387 118.800 69,962 3,617 15,638 1,819 420 95,113 97,462 2.679 24,376 920 221,690 232,643 CbarltAble #ttfvltles Sadaq& & Zakat received Madrassah ftts M&drassah bth)k sA]e 12,050 J8,079 10,835 30,887 52.789 43.985 Total llleomlDg regoureej 274,479 27A628 EXPENDITURE tslng dottAtlons And leyeleg Futtd raisin8 expenses Event Costs 97 250 4,723 Charlt*ble a¢tlvltles Wages, Madr&ssah Books for Madrassah Bad deths. Madrassah Sad4ah & Zakat distributiOII 23.995 1.753 6J56 29.088 2.165 640 42,704 40,843 Support costs Ma￿ageMent Masjid salaries Pensions Ren¢ rates and water Insuranc¢ Light And heat Telephone Postage and stationery Sundries Computer expenses Carried forward 50,348 5S8 10.610 3,197 5,695 615 394 871 673 73.161 44.194 449 11.254 2.451 4,861 542 245 1,522 601 66.119 This page does not forni part of the statutory financial ststements Page 21 Bilal Mas. id Trust Greenford Detailed Statement of Financial Activities for the Year Ended l Janua 2023 1.1.22 ManagemeTr¢ Brought forward Cleaning Guest 5ervice5 Trdvelling & subsistence Hall hire Security & safety Professional fees D¢pn of fIx￿re$ & fittings Depn of oifice equipment Depn of improvements to PrO￿rty 73,161 3,234 2,4(X) 360 2.814 66.119 2,325 1,730 455 1.592 2,043 8,162 550 4.228 8,200 1,906 3,262 115,019 106,424 Finattce Bank char8es 2.007 .433 GoverDanc¢ ¢03ts AceouDtan¢y & legal fee Total resources expended 165 124 156561 Net Incornt 109 120 This page does not forni part of the statutory fman¢ial statements Page 22 Sjio •eENFO Bilal Masjid Trust IGreenfordl is a registered charity in England & Wale& Registered number 1097074 Registered off ice.. 82-86 Horsenden Lane North, Greenford UB6 7QH. 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