Reglstered numbor.. 04805117
Charlty number: 1100481
The Aquath Trust
Trustees, Rep(¥t and Flnanclal Stalemgnls
For the Year Ended 31 December 2020
rfJDAINS

The Muath Trust
IA company Ilmlted by guarantee)
Contgnts
Page
Reforanc8 and admlnlstratlvo detall8 of the Charltyj It8 Tru8t•e8 and advlsers
Trustses. r¢port
2-13
Independent audltorfs rnport on the financial stat•m•nts
14-16
Consolldatgd statomont of flnancial actlvltloty
17
ConBolldated balancg shoot
18
Charlty balance sh••t
19
Consolidaled 8tatgmont of ¢￿h Ilows
20
Not•$ to the flnanGial stat8mont8

The Muath Tru81
IA company Ilmltgd by guarantso)
Rofvrgnce and Admlnl8lratSv¢ Detalls of tho Charlty, Its Tru$t••8 and Advlsers
For tho Ygar Ended 31 December 2020
Trusto96
Dr Dawood Abdul Malek Yaha Al-Hitl8bi
Mr Jaffer Mansour Mohammed M-Sham8ry
Mr Nag8@b Mohammad All
Dr Ali AbdLtI Rahman Qirfoge
Mr Oliham Abdo Saeed (resigned 30 June 20201
Mr Adnan Abdul Rahman Sa
Ms Falen Abdul Galil Yafal
Company reglstered
number
04805117
Charlty rnglst•rad
numbgr
1100481
Regl¥torod offlGe
The Bordesley Centre
Slratford Road
Camp Hill
Bimiingham
B11 1AR
Company socrgtary
Mr Adnan Saif
Chl•f exo¢utiv• officer
r Irshad Baqul
Independent audltors
Dains LLP
15 Colmore Ro
Bimiingham
B3 2BH
Bankers
Natlonal Vveslminsler Bank PIC
30a Harbome Road
Birmingham
B15 3AA
Al Rayan Bank
24a Calthorpe Road
Birmingham
B151RP
Page 1

Thg Muath Tru8t
(A company Ilmitgd by guardntsg)
Tru81ges' R¢port
For the Year End￿ 31 Dec•mbgr 2020
The Trustees present their annual report together with the audited linancial statements of the Charlty for the 1
January 2020 10 31 December 2020. The Annual report serves the purposss of both a Trustees, report and
directors. report under company law. The Trustees conflrm that the Annual report and financial slalements of
the charilablo company comply with the current stalulory requlrements, the requ1￿MentS of the charitable
companys govarning document and the provlsion5 of the Sta18ment of Recommended Prdctice ISORP}
applicable to charities preparing their Bccounls in accordance with th8 Financi81 Reporting Standard appli¢ablg
in the UK and Republic of Ireland IFRS102} <effect￿e 1 January 20191-
Objectiv•s and o¢tlvltle¥
Pollcles and obl•ctlves
The objects and principal activities of the charity arg..
To advanc8 the 8ducallon of the public In parts'cular bLrt not excluswely through the provision of
educational and tralning s8rvices for all members of the community, patlculady but not1Smlted to those of
Yem8ni origin.,
To enable those who were not born in the United Kingdom or vthose parents wwe not bom in the United
King(Jom to lake a fuller part in British society.,
To relleve poverty by Ihg provoslon of 8dvlce and flnancial and other 8sslstsnce to those in need. hardship
or distress.,
To provide lacililies in the interests of social welfare for the recreallon and other leisure lime pursuits of
those In need of those facilities by reason ol their age, youth, Infirmty or disablement, povgrty or soclal or
economlc ￿rCUmstanCeS.,
To do other charitable purposgs for the benefit of the community, parbcularfy but not limlted lo those of
Yemeni origin, as the board of directors determine from lime lo Umè.
In selling objectives and planning for actlvilles. thè Trustees have given duè consideration to 9eneral guidance
published by th8 Char*ty Gommlssh)n relatlng to public ben81il, in¢ludlng the guldance 'Public benefit.. rtjnnlng 8
charity IPB21'.
b, Stratog108 for achlevlng obJectlve8
The hAu8lh Trust was establishgd In 1990 which was incorporated 19 June 2003 and Is one of the largest
communty led third sector inits'ativgs in the United Kingdom. Founded by members of the Yamgni communlty,
the charity plays a pivotal rolo in helping the community inlegr8t8 within wider society by helping lo build its
capaclty and encouraging its membets to play a more effective role In society. Since tts incgption. the charity
has strived lo offer high quallty education and trainin9 and provkled essentl81 seNices that cater lo the needs of
dirrerenl sections of th8 communlty.
The charity is commlited to deliver its programmes by enlersng into strategic partnership5 With key stakeholders
and olher $peciali81 in81itulions. Over the years, the Trust has entered into long standing relationships with
number af local and national, public and prlvale sector insb'lulions lo further Its oblects.
c. Actlvltles undertaken to achleve obSoctlv•$
The char)ty delivers a range of activities including a Childen's Centr8. Day Nursery, Supplementary Arabi
Schools. EducBtion and Training Cenlre, Youth services, care for the olderly and an trxcell&nt venue for
conferences and banqueting. In addition, the charity estsbllshec5 the Amanah Mosque in 2006, it has sincg
b8come one of the largest and most aclwe mosques in the city of Binningh8m.
Page 2

The Muath Trust
IA company Ilmitod by guarante•l
Tru$to0$' Raport Icontinu8dl
For tho Y•ar Ended 31 December 20ZO
Objectives and actlvltles Icontlnuedl
d. Grant-maklng pollcles
The charity makes grants lo project dellvery partners as instructed by the grant fundln9 provld8r and In
accordance with supplementary dellvery partn8r agreements.
e. Maln a¢tlvltlo$ undgrtakon to further the Charws purposes for the publ1¢ ben8fit
Educalion
Chlldren's Education
Amanah Day Nursery
Amanah Arabic Schools and Muath ArabSc School
IAu8lh Centre for Education and Training
Community SeNices
Outreach I Public Relations
Arnanah Youth SeM¢es
Elderly services
Confgronce and Banquellng
Sports Hall
Amanah Masjid
Tnjsl Qualty Care Ltd
Aohlgvem•nt8 and porfom7anc•
. Main achievements of the Charlty
This year has been like no other Ihal the worfd has seen, the offects of thg Covid-19 pandemic have been lar
reaching and have changed everyihing Ihat we had taken for granted in the past. Every aspe¢l of lifo has
become secondary with the primary focus bgcoming the light against the spread of the virus. The Muath Tw8t
has had to rethink and reassess its strategy constantly thfoughoul the year due lo th8 dovastaling effects of th8
pandemic on Its services. A number of actlvilles and seNices have had lo be suspended from d¢pending on the
guidance prO￿ded by Ihg Govornmenl throughout the year.
Tha yaar has been challenging and the situation has been over changing, so there w88 a need lo manage and
continue delivering seNices wthin the restrictions in place. We have worked closely with Public Health
Blrmlngham City Council slnce the start of the pandemic in March and have developed a dose worklng
relationship In order lo attain a gcKJd understandino of what was Tequlred of the Trust throughput this period.
Some of our 8clivitios have had lo be susp8nd8d or reduced due to the oxisting restrictions such as the Sport8
Hall, Venue hire, Youth artivitses. Amanah Masjid, the Nursery and the Arabic and Tahfeeth Schools. But
throughout this pefiod the Centre has remained open In order lo continue to deliver car8 servicos under Tru51
Quality Care and the ESF projgcts that addross the needs of thg most vulnerable people in the communty. The
suspension of aclivilles has had a significant impact on the regular income of the Trust and h88 meant that we
have had to manage under difficult financial circum5tance8.
This was truly an unprecedented year wlth the Trust having to pul Ils entlre business plan on hold, this was the
Ilr8t t+me that the Mosjid was closed for the public during the month of Ramadan du8 to the first lockdo¥Nn. All
the normal programm8s and activitie5 Ware suspended and the Muslim community in the UK was asked to
perform their prayers and last in their homes and not to attend Ihe Masjid. Thls had a huge impact on the
community which regards Ramadan a5 one of the most Important months of the year, but tho communlty
exercised reslrainl and an exlraordlnary amount of patience for overall good of the society. But sinc9 July
the Masjid opgngd its doofs lo worshippers, whilst adopting the necessary safely MeaSU￿S as per Government
guldance.
Page 3

The Muath Trust
IA company limitgd by guarantee)
Tru8t6e8' Report {contlnuedl
For thè Yèar Endad 31 Decomber 2020
Achl•voments and perfomianc• (contlnued)
b. Maln achlevem•nts of the Charity Icontinu•d)
BL+1 daspile the dlfficulties faced. the Tru81 being a community focused organS$alion meant thal11 was Ide811y
placed lo deliver much needed servicgs during this critical lime. A new project that was secured specKic8lly to
support the over 50s during the pandemic wa5 awarded under the Hall Green Nei9hbourhood Network Scheme
funded by Birmingham City Council. The project established a Covid-19 Community Hub al the Trust. providing
a number of support servlces aimed at the most vulnerable people In the community such as delivering weekly
free food parcels, distributing hot meals, delivgring shoppSng and medicines. befriending servlce and offering
advic8 and guidance. This a¢tsMly has allracled large numbe￿ of volunteers from th8 c(#nmunily lo help deliver
the Se￿iCe5.
The Mualh Trust Educ8tbn & Tralning C8ritre has conllnued lo deliver tsyo contracts for the Department of
Works & Pensions supported by the European Social Fund lil8d AEGIS and Stepping Up as18ad organisalirm.
Thls work has been particularly important for both the Trust and the peo￿¢ it serv&8 as thore ha5 been great
nee¢J for this espeaally durSng th15 tsme.
This year the Mualh Trust was wesented wlh the opportunity lo purchase The R08e Tavem, which has been
s)peraling as a Public House. The property is of particular strategic SKJnificanco lo the Trust as it is in the comer
and is surrounded on two sides by the Aman8h Maslid, The Trust has been keen lo acquire this property for
some time and when th8 Opportunity arose thls year, the Trust look parl in the auction and acquired it. Once
vacated, Ihe property could be rod8vgloped for a purpose more conducive to the activities of thè Masjid 8nd will
also presgnl ihe Trust a gogd invgslmenl ¢Jpportunily that would benefit the Trust in the long term.
monlloned in1881 yeals tEport, Trust Quality Care in February18$1 year look over the management of
Rosemary Lodge Rest Home, an 8XlStlng care home for the elderly. The Care Home s8Ni¢es complement the
existing home support sgrvice being provided by the Company since 2016. However, for both semce il has
been a particularly challenging year, trying to care for people whilst protecting them from the virus. Both the
servlces have rnanaged well under the circumstances through proactive management and givsng priority to
health and well-belng of Ihg servlce users rather increasing numbers.
Despite all these constraints and l am happy to report that the work ol the Trust has impmed and progressed
gtsanificanlly and it is making a real differenca to th& community il sgrvos.
Page 4

The Muath Trust
{A ¢ompany limitgd by guarantèè)
Trujtees. Roport (continued)
For the Y￿r Ended 31 Decemb&r 2020
Achlovements and p8rfomian¢è {contlnued)
Rwiow of actlvltles
Educatlon and Tr•lnlng
The Centre is a rBcognised for delivering a wide Tang8 of vocalKJno1 training COL*rses for 8dutt8. The Tru61 thi6
used on the following are88.'
Covid.. tho departm8nl wntlnued to work throughout the lockdown pgriod Tmlh advice and guSdan¢8 most
needed either remotely over phong or face-lo-face. We had introduced protective screens for staff and
pul in measures to ensure that work was COTried out safely. Online courses have been delivered with a
number of leamers enrolllry onlo to COUf88S.
Etlucation & Skills Funding Agency Contractr. we had been awarded a small additional budget under the
Adult Education Budget by the ESFA until end of March 2020 to complete delivery of the project. With this
the Contract has now come lo Bn end. We have delivered the fdli)wing courses.,
ESOL= 11 learners- 100Vo achievement rats
Level 2 Diploma in Care.. 14 Learner5- 85% achievement rate112114 learner81
Level 2 Childc8re Course.. 20 learners- 90Yo achievement rale118120 learnerg)
European Soclal Fund Contract.. as part of the East Blrmlngham Collective three European fund8d
proj8cls are being d8lNergd through the Departfflent of Works & Pensions, The following is the progres5-
AEGIS.. 2.1.. Enh8ncing EquBI Access to Lifelong Leamlng. Thls Is led by thè Mu81h Trust and Ihg project
started ddivery with partners from July 2018, the contract wlll run unlll September 2021. We have morg
tlme lo deliver this project 8nd are confident lo meet the larg&ts by tho ond of tho project. The Project
Change Request has been approved for revising c*ulpvts and spend, we are IoDking lo apply for a projecl
exlenslon In Juno. We are delivertng the followin9 courses as part of th8 programme..
Level 2 ce￿.fiCate in Children & Young peopl8's Workforce
Level 3 Diploma in Children & YOUNJ people's Worklorce: these are all fee paying.
Lèvel 2 Dlploma In Car
Level 2 and Level 3 Tèaching Assistant Courses
Level Business Adminislralion
In addition. 8 number of onlSne oourse6 for supporting the employed to UP5kn11.
Iv.
vl.
Posltive Futures.. 1.1 Accos5 to Emp4oym8nt lor Jobseak8rs and Inactive People. Tho project was led by
Ashiana Community Project. Delivery stsrted from April 2017 and ended in Seplernber 2019. ACP were
audited by DWP in March 2019 and thi5 has delayed payments, we are awaiting payments from Q3 2018
lo the end of the project.
Slepplng Up.. 1.4.. Active Induslon under Priorily Axis 1.. Indu8Ive Labour Markets. Thls Is led by the
Mualh Trust and the project Started delivery from October 2018, the contract was due lo run until
September 2020. The Project Change Request (PCRI WBS approved and the project was extended to
March 2021. We have applled for a further extension on the Project to be able to doliver our targets and
additional funding.
Arabic & Tajweed courses fr>r Adults.. Ihe courses had stopped since March due lo the I(￿kdown. There
W88 a plan lo restart dellverSng remotely but teachers were not very keen lo do so. Course5 h8ve now
stsrted from Sgplgmber 2020 and th8 uptake is good esp8clally for the Conversational Arablc course.
Courses In Tajwged and Arabic have also started with reduced numbers du8 to Ihe class capacity
Page 5

Tho Muath Tru8t
IA company Ilmlted by guarant•el
Trusto8s' R•port IcontSnuod}
For tho Year Endgd 31 Decombor 2020
Achlevem•nts and perfornianc• (contlnu•d)
Supplementsry Schools
The supp18mentary schools al Ihg Tru81 continue lo provide an lrnportanl programm8 of leaming for chiktran of
the local community lo learn moi& about their culture and mother longug languggg. During the 2020121
Academic year the Schools had in total 485 students enr￿led who were divided into 33 class8s. We have in
lolal 23 teachers employed by the School. The numbers have dropped by nearly 100 this year as some parents
have decided not lo bring their chlldren duè to the pandemic.
The School is a key project of the Trust through which, children over a number of year8 have been able to
maintain Ihelr links wlh their culture and their langtjage. This has given the children the confidence about their
idenllly and they have gone to Inlegr8le within the society they Iwe in and become self-assured and effectlve
citizens In their commun5Ue8.
ievemenls thi
Due to th8 Covid-19 pandemlc the Tiust decl¢Yed to close all Schools in mid-march 2020 wlth a view lo
Protect the health and wellbeing ol children antl staff. The Sch¢xsl8 decided lo explor8 811 ways to conliriu8
to leach children during this challenging lime remotely and managed to ensure that children completed
the academic year by making all the necessary arrangenienls. Schools resumed wlth face-to~face
teachlng in September 2020 bul when Bimlngham went into Tier 4 restricb'ons In December, the SGh¢y)Is
decided lo dellver classes onllnè. The feedback received is positive overall as teachers have workad hard
in ensuring conlinuily in leachlng wlh nec8ssory monitoring and supervision from the School
Administration.
GCSE.. students Achieved the highest grades al the GCSE Ara￿'C examlnalion despite all tho challenges
of the Covld-19 pandemic Ihls year. Out of a total of 25 students, from the School and external
candidates who were due 10 8it their exams this summ8r. all candidates achieved grades betweèn 9- 7
which are equivalent to A"_ A. So 100% of the candidates have achieved the highest grades possible.
whlch 58 an incredible achlevemenL Compared to last year whare tho pass rale was 100Yo and 960A had
achievèd grades A"_
Teacher Training.. training was att8nded by all 8taff and teachers. The training focused on th& new
guidance for teachers aruund safe worklng In the current environm8nl 8nd a130 on using the new
Smartboards installed in all classrooms.
Safeguarding Ref￿Sher Training.. both Deslgnated Safeguarding Leads ol thg Schod attended DSL
refreshgr training in January 2021.
Youth and Sports
The Centre conllnued lo make use of its own resources such 8s the Youth Club and Sports Hall and other
activities lo offer young peopl8 an opportunity to partiThpaÈe In a variety of activiti6s and programm¢$. Key
achievements this year included
Regular Youth Club was held on Fridays and Saluidays iastarled in Seplernbar 2020 after belng closed
slnce March. 11 was suspended due lo lockdown in January 2021.
Sport England Community Fund.. BW8rded a grant to support the provision of altemalive swrts activity
and to pay for Sports hall related adwity In April 2020.
Amanah Youth have collaborated with MABY Birrningham, Aston University Isoc and A-suffa Institute to
help feed the homeless. Hol meals are distributed every Wgdn8sday evening near Sn(Iwhill Slalion. They
are also raising money to fund this actiwty.
The Trust continued lo support Amanah FC in the CUTr8nl circumstsnces. Unfortunately, the senior leagu88
have been suspended for much of thè year and the activities have been vgry limited. However. AFC were able
lo offer Covid secure sessions lo all attendees. Despit& the ongoing restridions, the club has grown as was al￿e
lo offar 5 under 168 settings along wSth an adult leBm. AFC is now home lo in excess of 150 attendges on a
weekly basls.
Page 6

Tho Muath Tru$t
(A company limltsd by gwiranteel
Trust￿8. Report {¢ontlnuod)
For tho Y¢ar Ended 31 December 2020
Achlevem8nts and ￿rfOrniance {contlnued}
Day Nursgry & Children A¢tl¥ltlo8
The Amanoh Day Nursery provkles a hrAlsbc nurturing caring onwronment delivers a moral and spiritual
education guided by Islamic 8th08. 11 Is open to all sections of the local community and has the Gapacity to enrol
around 72 children aged 2 to 4 years each year. The nursery is well-resourced and the thildren have access to
an enclosed outdoor play area. 11 employs dedicated qualifiod 8taff who are trained In safeguarding and chlld
protection. The Nursery follows the Earfy Years Foundation Stage whlch ensures a br08d balanced education
for the cttlldr8n. The Nur8Bry rec8ived a ludgomenl of'Good' in all areas at the last Ofsled inspèckn'on in 2016.
Wg have conllnued focus on parent partnership and involving the parents In children's learning.
Ngwsletters and daily communication have begn pioduced during the year. We have undertakgn as
sunjey to get feedback from parents in January 2021 and the r8SPOllSgs havg boon very posiliva and
encouraging.
Co￿￿-19. aftof closing ir7 March the nursery re-opened 8s per Government guidance for Early Ye8r8
provlders from June after und8rtsking a risk assèssment and gettlng consent from Parents on the rtsks.
The numb8r of parents who decided lo bring their children was very 5rn811,
The Nur88ry, as por Government guidance, has T8mained open as normal Since opening for the new
oca(Semlc in September 2020. children have returned but the number of childien retuming h8s been
lower than in prevk)us years. Nursery Edvcètion Fund grant from the Council have conflrmed that they
will continue the funding based on reglstered childrgn.
The Nursery Manager went on matsrnity leavè In July 2020 and a n8w Nursery Manger as Maternity Ms
appolnled from September 2020. Thg new Manager split the role of Deputy ba￿en Iwo staff members
In (Yder not to Increase overheads.
Eldarly Service8
The Trust has glvèn 8peclal 8ttenllon lo thi8 need In the Gomrnunity by off8ring secure SUpp￿ted housing vhthln
Bord8sley Centr8 as well as providin9 dedlcaled services and programmes to address th18 need. Key
achiev8m8nls this year including..
INe h8ve continued delivering the contract awariJe(I by Birmingham City Council, il has also helped much
need8d support lo the isolated and vulnerable eldedy. The regular weekly programmes and the lunch
club are hold on Wednesdays.
Sparkbrook Ageing Better project= The programme w88 due lo end in Marth bul hag been extended and
will now complete in Seplember 2020.
Neighbourhood Network Schemes CovkJ-19 Community Hub.. is a ne￿Y funded progr8mme focused on
providlng support to th8 over 50s living in Sparkbrook, 8alsall Heath an¢J Sparkhill dL*ring the pandemic.
The progfamme offers support 7 days a week delivoring food parcels, hol meals, befriending service to
those Isolated, advice and guidance. This wa5 a 6-monlh prograrnme and was extended further in 2021.
Page 7

Th8 Muath Tru8t
IA company Ilmlted by guarantee)
Trusteas, Report IcontlnLbedl
For tho Year Ended 31 December 2020
A¢hlevements and perfomlancg (contlnued)
Trust Quallty Caro Ltd
The Trust established a new wholly owned subsidiary company under the name of Trust Quality Care Ltd for the
purpose of delivering Home Care Services. This involves providing pgrsonal and health care and assistancè to
the elderly and adults in their own homes. The Company was approved by Care Quality Ctsmmission, Ihe
regulating authority in the UK. as a registered provicjer of personal care in February 2016. 11 was also approved
by Birmingham City Council as an aulhorfsed home care provider in July 2016 to take on clients regislgred with
social seNces. The Company also provides serylces lo privalg dlents who fegister dSreclly. Key achi6￿Ments
this year including..
SeNices hav9 conllnued durfng the pandemlc and Ih8re have been challenges with staff absence and
self-isolalion and lack of Personal Protective Equipment. Despite this w8 contsnued lo d81ivgr the care al
a good level and both staff and dvants have been safe from inf8Ctlon. Currenlly the Company h88 45
car8rs and 3 office slaff.
We currently have 47 clients under our Ca￿ which oquales to 2993 hours of care a month. We hope to
continue lo add new clients on a regular basis through Birmingham Cty Council. NHS Continuing
Heallhcaro as well 88 privalgly. We are getting clients with more hours 8nd double up ca118 which will help
generate more income.
Due lo the pandemic the Government has provKled the Company with an extra Infecllon Control Grant to
support the safo deliver of care.
sema
e Re31 Home
Rosemary Lodge Rest Home has bean run by TIu81 Quality Car8 its acquisib'on by a London based charfly
in February 2020. Th8 Resl Home, an 8XlSting 29-bed r8sidential care home is loca18d In Kings Heath,
8irmingham. The Company received CQC approval in February 2020 and registration wlh Birmingham City
Council was completed in March 2020. All staff and operations hav8 ￿en transferred from the prevlous
company lo TQC smoolhly.
chievemenls
ar
The Home employ8 18 staff includlng manag&m8nl, care staff and ¢leanors.
Currently there are 20 residents in the Home with a lolal capacity of 29 beds Duo lo th8 pandemic posing
serious risk lo Care Home residents, we have been strict with admitting new residents and allowng
visitors for fear of ithe spread of the infection over the year.
The Care Home has fL*nctioned well despilg som& staff absgnce 8nd self-isolallng. Infection control
measures had been adopled èarfy. All staff and resldents havo undergone rggular lesling and hav8
romained safe we have b88n free from Covid cases reported for residents for the year.
l Residents and stsff have received their first dose of Covid vaccinations.
A number of improvement have been cairied out during the year such as new Garden Furniture,
Barbeque. Large TV, CCTV in common areas and roC8ntly a Visitor Pod has been inslBlled lo facilitsle
safe visitsng of relatlves and farnily members.
Roundsys Software.. we have introduced a 8peciglist soflware for Care Home managemgnt this year. the
software will help In efficient delivery of care. Three Tablets have been purchased for the purpose.
Page 8

The Muath Trust
IA ¢ompany limited by guarants•l
Tru8tees' R8port (continued)
For th• Yèar Endod 31 Decemljor 2020
Aehlavements and perfomianu (contlnuedl
Amanah Mosque
The Amanah Masild 18 now regarded as one of the prominent mosques in Birmingham and caters for a large
number of worshlpers, both men and women. In addition to providing prayers facilities. the Masjid delivers a
variety of educational programmes and community services. The regular programmes and the Tahfeeth schools
for boys and 9ids d8llvered by the Masjid are highly sought after.
The Amanah Masjid was Invdved ￿th oth8r 8imiingham Masjtds from th8 v8ry beginning in March, in
discussions with Director of Publ1¢ Health BCC on planning lo keep the community safe durfng the
pandemic. Tha Masjid was closed due to the lockdown from March Includlng the month of Ramad8n and
Eld-ul-fitr.
The Masjid Committee m8t r89ularfy from early June and has been open 8ince July by undertaking a
detailed ri8k 888essmenl and putting the vafiol￿ measures in line with Goverrbmonl Guidance for Place8
of Worship.
Amanah Tahfeedh School: th8 registrations havo been very good with the numbers belng maintained. In
the current academic year there are 15 circles for boys and 17 circlgs for gids with the total numbor ol
students being as follows: 127 boys and 84 girls on weekends., and 38 boys and 17 gids during
weekdays.
Amanah Tahfeedh School cloged from mid-march 2020 with a vlew lo protecl the health and wellbdng of
chlldren and staff. The lockdown and the worsening crisis meant the chances of r8suming normal cla8888
dur¢ng this acaéemic year werg extremely bleak. And the School decided to leach children during this
challenging lime femolely.
During this period Rayan Omar Shayar {15 years) and Maryam Abu Saeeda112 years) two Tahfeedh
School girfs completed the Quvan memorisation.
Conferenclng & Banquetln9
The Muath Banquellng and Conference Centre offer facili118s which Galer lor v8rlous fvs of events. Wlth our
Grade11 listed. 18th Century building we are a unique wodding and confeTence venue.
The centre offers quality facllilie8 for funolions, weddings, conferences and an array of other activities and
programmes whlch are wèll used by local organisats'ons and the communlty.
11 has been a particularfy deva8ts1ing year for the deparimènt with Govemmenl restrictions due to the
pandemic stopping all bookings most of the year.
8anqueting and Booklngs.. our tenants came back and resumed their acliwlles In June 2020. Some long-
term coTrlracls have resumed such as British Council ACCA and IELTS exams 8nd others after making
them aware of their responsibilities. ￿1 bookings have again been suspendèd from January 2021 due to
the lockdown.
Sports Hall.. booklng5 have 81so resumed after making the facility Covld seGure arKI maklng clients avrdre
of new guidance. It closed agaln from January 2021 due to lockdown.
Page 9

The Muath Trust
IA company Ilmlted by guarantee)
Tru8ttes' Report {contlnued)
For the Ygar Ended 3108cembor 2020
Ach￿VeMents and parformanco Icontlnu8d}
Bulldlng Servi￿*
The main aim of the recent refurbishmgnl project of The Bordesley Centre was to create a quality18arning and
8¢¢888ible community venue for all. With an avgrage tsf over 5,000 PBople a week using the different facllities at
the Centre. the upkeop and maintenance of the grade Il. listed building continues lo be a challenge. The Tnjsl.
however. Is making the necessary Inve8lmenl to ensure that The Bordesley Centre contin￿$ to be a quality
venue for use by the local communlty.
Covid Secure.. based on the Govemmenl Guidelines a detailed rlsk assessmgnl has be8n carried out
covering 811 functlons and seNicès delivered from the building.
Naw MSnlbus purchased.. due to the CleanAir restrictions in the cty the existing Minibus would not bo
allowed within the city limits wilhoul pay'ng a larrff. The￿fore, the Trust purchBS8d 8 nearly new
Volkswagen Minibus whth required some body repairs In 8UCtion. The Minibus ha8 been rep8ired and is
currently in use.
Ourlng this period when the bulldlng was partty c5osed a number of refurbishment and repair work has
been carried out..
Received a donation of Smartboards for c188srooms from Ark Acadamos. these have been
fitted in all the ¢18ssrooms.
The Boilers have been serviced and rep8lred.
Refurbishment ol Conference Room 1 and paintad the entrance and corridors.
Other AGtivitl8slServl¢o4
In addition to the above mentioned Se￿i¢8S, the Centre is a hub of aclivlty for the local community and offers
supported housing facilllies for the 8lderfy, a liv8ly cultural programme, recreats'onal and SPDrting activities for all
through the Cenlre's indoor Sports hall and regular organised events, outings and trips. The Centre also offers
quality facilities for functions, weddings, conferences ar4d an arr8y of other activities and programmes whlch Ore
W811 usod by Ioc81 organlsations and th8 community.
Financial rèview
a. Going con￿rn
After making approprlale enquiries, the Trustees have a reasonable expectsllon that the Charity has adequate
resources to continue in operational axislence for the foresegable fthure. For this reason, they conlbnue lo adopt
the go¢ng concern basis in preparing tho financial 51alements. Further details regarding the adop￿On of the
going concern basis can be lound in the accounting policies.
b. Res•rv•$ pollcy
The Trusl88s have considered the level of flnanclal reserves r8quir8d lo enable the charfty to meet ils
obiigalions on an ongoing basis. The TriJst888 conS￿er that they shoL*ld aim lo hold as unrestricted funds
level of reserves equivalent lo two months outgoing resources plus an estimate of the current liability for
rèdundancy pay on existing staff.
Given the number of projects and Ihelr diverse sources of fundlng, the Trustees consKlèr that this level of
resorves would enable the company lo arrange an orderfy reduction in activities in the event of a mgjrir loss of
funding. The long term strategy Is to build reserves through operating surpluses and donations. The
management of the charlty and the Trustees are aware of the n8ed lo react immedlalely lo any shortfall in
funding.
Page 10

The Muath Tru8t
IA company limited by guaranto91
Trust••s' Report {contlnuedl
For the Year Ended 31 Dèc•mbor 2020
c. Matorlal Invoitm•nts pollcy
Under the Memorandum and Artlcles of Association, as 8m6nded by a speclal resolution da18d 25 November
2014, the charity h8S the power lo make 8ny investment which the TNstee8 see fil.
structur•i gov•rnanco and managemont
. Constltutlon
The charity and the group is registered as a charitable company Ilmited by guarantee and was ineorporaled on
19 June 2013 which is governèd by ilg Memorandum and Artldes of As8oclallon. as amended by a spec181
resolution on 25 November 2014 wkh a Companlos House registrallon number of 04805117. Tha wholly owned
subsidiaries being Mualh Trading Limited and Trust Quality Caro were each inco￿orated on 17 Septsmber
2014 and IS April 2015 respectively and they are a150 governed by their Memorandum and Articles of
Association per each of their dates of incorporation. The company has a registered office address of The
Bordesley Centre, Str81ford Road. Birmingh8m. B11 IAR.
The chority and the group is govemed and conslilul8d under a Momorandum and Articles of Association, as
amended by a special resolution on 25 November 2014 dated 19 June 2003 and is a registere(t charity number
1100481.
b. Method8 of •ppolntment or ol•ctlon ol Truste05
The management of the Group and the Charity is the responsibility of the Trustees who are eleGted and CIF
opted un(ler the terms of the Memorandum of ASSOC￿lI0n.
c. Organlsatlonal structuré and docl$lon-m¥klng poll¢les
The Board of Trus189s, whch comprises UP to 15 members. administer the company. The board meets al least
once a year lo evaluate Ihe work. set objectives and agree on fulure strategy. In addition, there are a number of
sub-Gomrnittees including a Management Committee that meets more frequently to manage the ¢harily and it
roports back lo the boaTd of Trusteos. The Managem8nt Committee Includes a number of Iru8lee8, alggal
advisor, as well as experienc8d m8rnb9rs of the communities served by the charity. A Chief Executive is
appointed by the Iruslees lo manago the implemenlalion of strategy, pollcies and day-to-day operations.
d. Pollcle8 adoptgd forth• Inductlon and tralnlng of Tru8tOOS
New Trustees und8rgo an orient81ion day to brief them on thelr responslblliues and legal obli9alions under the
law and policies eonlained in the followlng.. Charity and Company Law. the content of the Mem<xandum arid
Articles of Associallon, the Committee and declslon making processes. the busine55 plan and re¢8nt financial
performance of the charity.
During the induction day new Injslees meet key employees and other Trustees. In addili¢)n, they are
encouiaged lo attend appropria188e88 exteinal training events to facililale their understanding of their role in tho
Trust.
•. Related party r•lation$hlps
During the year the charity has Iwo wholly owned subsidiaries being Muath Trading Ltd and Trust Quality Care
Ltd. The Iransad'ons of Ihgse subsidiaries are included within the consolidated financial statement5.
Page11

The Muath Trust
IA company Ilffilted by guaranteg)
Trustaes. R•port Icontlnuedl
For tho Year Ended 31 00¢ombor 2020
Structur81 govornance and managamgnt (contlnu•dl
l. Flnan¢lal rlsk management
The Trustees have assessed the major risks to whlch the charity and the groltp Is exposed, in particular those
rdaled to the 0￿rationS 8nd finances of the charify and ihe group, and are sallsfied that syslgms and
prwedures are In plac8 to mitigate our exposure to the major risks.
The Truslegs are Satslied that the appropriate systems are In place lo manage the r*sks that have been
Idenb'fied. Comprehensive insurance covgrls Sn place arKI DBS checks are carried out for all staff and
particularly all staff that work with children and vulnerable groups. Also as part of this drive for good praclitx,
regular remews of policies and procedur85 are made and HR support and Health and Safaty support and
$grvlces are provide(I by a professional company.
Plans for future p•rlods
The major challenge In the coming year would be to recover from the impact of the pandemic on the octivits'88
and services of the TrLtsl during the last year. A nurnber of services had been suspended and the oulook for the
current year 18 a slow and gradual return lo norm81ily, with the reduction in cases and the vacdnallon
programme lakSng effect. So Ot wll be import8nt lo manage this gffectively and efficiently.
The Trust had been succes$fL+I in beSng awarded 9rants and conlr8cls to deliver a number of soclalFy relev8nt
and beneflcial programmes, thèse activities have benofitod local people and communitles. Wlth thesé
programmes scheduled lo come durlng this year, il is important not only lo relain as many of the programmes
as posslble but also exploring and identifying other opportunlties that would sustain the incorne streams in
place.
The services provided undér Trust Quality Care have gradually improved and h8ve bean able to meet the
challenges pres8nled by the pandemic. With the addition of the Rosemary Lodge Ro51 Home. the Company can
grow further during the coming year and other opporlunilies may also be explored.
A major project the Trust will be undertaking is the development of The Rose Endowment Project. The
conversion and development of the curr8nl Public House into a 16 BedroDm HMO and Commercial UnSts would
roqLtire significant additional financial resources to fund the project Once established the projgct would provide
the Trust wth a long term Sustainable income.
Page 12

Th• Muath Trust
{A company Ilmlted by guarnntee)
Trustees. Report (continued)
For the Year Ended 31 December 2020
Statomonl of Trustees. respon8lbllltlas
The Trustees (who are a150 the directors of the Charity for the purposes of comp8ny18wI 8r8 responsible for
preparino the Trustees, report and the financial slalements in 8ccordance with applicable law and United
Klngdom Accounting Standard8 Iunlled Klngdom Generally Accepted Accounllng Praclicel.
Company law requires thg Trustees to prepare financial statements for each linancial . Under company law. Itt8
Trustees musl not approve the financbal statements unless they are satislied that they give a tru8 and fair view
of the state of affairs of the Group and thè Charity and of theiT incomlno resources and opplicalion of resources.
ncluding Ihelr income and expenditure. for that pe￿0￿. In preparing these financl81 slalements, the Trustees ore
required to=
select sultsbl8 accounung polScles and then apply them conslslenuy..
observe the methods and principles of the Charities SORP IFRS 102)..
make jijdgemenls and accounting eslimates that are reasonable and prLKlenl'
stale whelhor applicable UK Accountin9 Standards IFRS 102} have been followed, Subject to gny
mat8riBI departures disc1059d and gxplained in the financial statements.,
prepare the financlal statements on the going concern basis unless il is inappropriate lo presume that the
Group wlll continuè In busina$$.
Th& Trustees ar8 rgsponsible for keeping adequate accounllng records that are sufficlenl lo show and explaln
the Group and the Charitls transactions and disclose with reasonable a¢ouracy al any timo the financial
position of tho Group and the Charity and enable them lo ensure that the financial statsments comply wth the
ompanies Act 2006. They 0￿ also responsible for safeguarding the 8888ts of the Group and the Charity and
hence for taking reasonable stgps fof the prevention and detection of Iraud and other irregularities.
Dlsclosurn of informatlon to auditors
Each of the person8 who are Truslegs al the Ume when this Trustees, report is approved has ¢onflmi8d that..
so far as that TTuslee 18 aware. there is no relevant audit inlormalion of which tho ¢harilablo group's
auditors ara unaware, and
that Truslge has taken all the stgps that ought to have bean taken 8$ a Tru81ee In order to be aware of
8ny relevanl audit information and to establish that the charitable group's audllors are aware of that
information.
Auditors
Thè aL￿ltOrs, Dalns LLP, have Indlc8ted thgiT willingness to continu8 in office. The deslynatèd Trustees wlll
pryJpose a m￿On reappointing the awlltors at a maeting of the Tru8188S.
Approved by order of the mem￿r8 of the board of Truste88 on
their behalf by..
YL /411.
and signed on
Mr Jaffor Mansour Mohammod Al4ham•ry
Trustee
Page 13

The Muath Trust
IA company Ilmltsd by guarant80)
Ind•p•ndont Auditors. Réport to th• M8mbgrs of Th• Muath Trust
Oplnlon
We have audited the financlal slal8ments of The Mualh Trust (the 'parenl ckn8ri18tAe companll and its
subsldiarles Ilhe 'group'l for the year ended 31 December 2020 vthlch comprise the Consolldaled Slalemenl of
Financlal Acb'vili8s, the Consolbdaled balanc8 sh881, the Char+ty balance sheet, th8 Consolldal8d statement of
cash flows and the related noteB. including a summary of significant accounting policigs. The financial reporting
framework that has been applied in their preparatlon is 8pplicable18w and United Kingdom Accounting
Stsndards, including Flnancial Reporting Standard 102 'The Financlal Reporting Standard 8pplicable in the UK
and Republic of I￿land, Iunlted Kingdom Generally Acceplad Accounb'ng Praclicgl.
In our opinion the financial sl8tsments-.
give a true and fair view of the stale of the GfOUP'S and of the pargnl charitable company's 8ff8lr8 as at 31
December 2020 and of the Group's incoming rgsources and applirAlion of resources. Including Its
Income and expenditure for the year then en(Sed.'
have been properly prepared in accordance with United Kingdom Gènerolly Accepted Accounting
Practice., and
have been PrePa￿d in accordance with the requirements of the Companies Act 2006.
8a¥18 lor oplnion
Wo conducted our audit in accordance with Internalional Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are furlhar described in the Auditors, responsibililles ftsr the audit
of the financial statemènts section of our report. We are ind8pendent of the Group in accordance wlh the
ethical requirements that are relevant lo our audit of the financial stalefflenls in th8 Unilgd Kingdom. induding
the Flnancial Reporting Council's Ethical Standard, 8nd we have luifilled our other ethical responsibilities in
accordan￿ ￿ll1h these requirements. We believe that ihe 8udil evld6nce we have obt8ined Is strfficienl and
approprlate lo provid8 a basi5 for our opinion.
Conclu¥lons rglatlng to golng concern
We have nothing lo report in respect of the followng matters in relation to which the ISAS {UKI require us to
report to you where..
thg Trustee5' use of the golng concgm basis of accounllng in the preparat6on of the financi81 statements
is not 8ppropriale', or
the Trustees have not disclosed In the financial slalements any identified material uncertainligs that may
cast signifi'canl doubt about the Group's or the parent charitable companls abilty lo continue lo adopt the
golng concem b881$ of 8ccounting for a period of at least twelve months from the dale when the linancial
statements ar& authorised for issue.
Pag8 14

The Muath Trnst
(A company Ilmltod by guarantso)
Ind•pendent AudltorJ' Report to the MombDr8 of The Muath Trust IcontSnued)
Other Inforn)atlon
The Trustees are responsible for the other Infomialion. The other Inlomi8tion comprises the infofmalion
induded in the Annual report. other than the flnanclal statements and our Auditrxs, report thereon. Our opinion
on the flnanclal statements does not cover the other inforrnalion and. except lo th8 exlenl otherwise explicitly
stated in our report, we do not exprgss any form of assurance conclusion Ihereon.
In connection with our audit of the financial statements. our responsibility Is lo read tho other infomialion and, in
doln9 so. consider wh8th8r the other informalion is materially inconsislenl with the financial slatemenl8 or our
knO￿edge obtained in the 3vdit or olherwse appears lo bè m8teTially mlsslaled. If we identify such materi81
inconsislencies or apparent material misstaternents. we are required lo determine whether there is a maleiial
misstatement in the financial statements or a material misstatement of the other inforfflalion. 11, based on the
woik we have performed, we conclude that there is a material misstatemgnl of this other Infomiation. we are
r8quirèd to report that fact.
We have nothing to report in this reg8rd.
Oplnlon on other matters prescribgd by the Companies Act 2006
In our oplnlon, based on the work undertaken in the course of the audlt..
the information givon in the Trustees, Report for the finan¢io1 ￿ar for which the flnancial statemènts are
prepare(S is consistent wlh the financial slalements.
tho Tfiislees, Report has been prepared in accordance OP￿1¢able legal requirgments.
Matt•rs on whlch wg aro roquired to report by •xc&ption
In the light of our kno￿edge and ￿￿ers￿n(ling Df the charitable company and its environment obtained In the
course of the audlt, we have not idenlSfied material mis5talemenls In th8 Trustees. Report.
Wo have nothing to r8port in respect of the following matters in relation lo whth Compan188 Act 2006 roqLTrif88
us lo report lo you if, in our opinion=
the parent charilablg company has not kept adequate 8nd Sufficient accounting records, or returns
adequate lor our audit have nol been received from branches not visited by u8; or
the paronl charitable company fSnancial slal6ments are not in agr88ment the accounting record8 and
returns; or
certain disclosures of Trntrstees, remL*neralion spe¢ifiet1 by law are not made., or
we have not received all the information and explanations we require for our audit.
Re$pon81bllltlo8 of trustees
As explained more fully in the Tru819gs' responsiblllfjes slat6morit, ￿ Trustse8 Iwho are al80 th8 dlreclors of
the charitable company for the purposes of company lawl are responsible for the preparati￿ of the financial
stolements and for being sg118fied that they give a true and fair vlew, an¢J for such internal contrd as the
Tiustees determine is necessary to enable the proparalion of financial statements that 8re fr88 from materi81
m15Statemènl, whether duo to fraud or emr.
In pr8paring the financi81 statements, the Trustees are responsib18 for assessin9 the Group's an¢J the paranl
charltable companls abillty lo continue as a going concern, disclosing. as 8pplicablg. matters related to going
concem and using the going concern basis of accountlng un19ss the Trustees e￿ther intend lo liqvidale the
Group or the parent charitabte company or lo cease operallons. or have no reallsUc allernatlve but to do 80.
Page 15

The Muath Tru$t
(A Company limltgd by guarantoal
Indopondont AudltorB' Report to th• Members of The Mu¥th Trust {contlnu•d)
Audttorn. re¥ponsibiliti•s for the audit of tho flnanclal statemonts
Our obj9clives are lo obtain ￿asOnable 835uranGe abovl whether the financial stalernenls a$ a whol8 are free
from matorial misstatement. whether duè to fraud or error, and lo issue an Audltors, rèport that include8 our
opinion. R888onable assurancpls a high leval of assurance, bul is not a guarantee that an audlt conducted In
accordance with ISAS (UK) wll always delecl a material misslalemenl when il axists. Misstatements can allse
from fraud or error and are conside￿d materi81 if, individually or in the aggregate, they could reasonably be
ex￿Cke￿ to influenco the economlc decislons of users taken on the basis of thèse financwl statements.
A further doscrbpllon of our r8$wnsibllkies for the audit of the financial stslements Is located on the FlnancAal
Reportl'ng Council's website at..
.frc.
.uk
ditoisres
Auditors, reporL
onsibilities. This description forms part of our
Usg of our report
This report Is made sof8ly to the charltable comp8nl8 membèrs, as a body. in accordance wlh Chaptsr 3 01
Part 16 of the Companies Act 2006. Our audit work has been undertaken so Ih8t we might state to the
charitable comp8nVs members those mallers we are required to state lo them in an AL*dilors' report 8nd for no
other purpose. To the fullest extent permitted bylaw, we do not accept or 8ssume responsibillty lo anyone other
than the charitable company and Its members, as a body, for our audit woik, for this report, or for the opinhJns
we havg formed.
AndrNv Morrls FCA (Senlor 8tstutory audltorl
for and on behalf of
Dalns LLP
Slalutory Auditor
Chartered Accountants
Birmln9ham
Dale..
22 Septombr 2ozi
Page 16

The Muath Trust
(A company Ilmlted by guarnnteol
Consolidated Statom•nt of financlal actlvlties {Incorporatlng Incom• and w•nditure a¢¢ount)
For the Year Endèd 31 Dgcembgr 2020
Unrgstrlctod
lund$
2020
Rostrl¢tgd
funds
2020
Total
funds
2020
Total
funds
2019
Incomo from:
Donalions and legactes
Charltable acliwties
Other Iradln9 activities
Investments
139,965
534,589
1,046,001
71
348,517
1.182,082
488,482
1,716,671
1.046.001
71
190.689
1,772,176
482,342
Total Income
Expendltur• on:
Raising funds
Charitable acti￿118$
1,720,626
1,530,599
3.251,225
2.445,207
932,148
367.887
932,148
1,869,052
476,803
1,834,615
1,501.185
Totsl exp•ndlturo
1,300,035
1,501,165
2.801,200
2.311,418
movoment In funds
420,591
29,434
450.025
133.789
R•conclliation of fund$:
Totsl funds brought forward
Nel movement in fund8
1.933,377
420,591
8,291,877
29,434
8.225,254
450.025
8,091,465
133,789
Total fund8 carrlad fop*ard
2,353,968
6,321,311
8,675,279
8,225,254
The notes on pages 2110 41 form part of thes8 linancial 8talemgnts.
Page 17

Th• Muath Trust
(A Company limlt•d by guarantso)
Consolldatgd Balance Shgat
As at 31 December2020
2020
2019
Not•
Flxed assets
Tangible assets
Investment property
14
15
7,386,835
580.714
7,452,715
183,400
7,967,549
7,636.115
Current ass•ts
Debtors
Cash at bank and in h8nd
17
335,432
812,086
395,213
409.604
1.147,518
804.817
Creditors: amounts falling dug within one
yeBr
{439,788}
{215,678}
N•t ¢urr•nt as80tB
707.730
589.139
Total net assets
8.675.279
8,225,254
Charlty funds
Reslriotgd fund8
Unrestricted funds
19
19
6,321,311
2,353,968
6,291.877
1.933.377
Tot•1 lunds
8,675,279
8,225,254
Th9 Twstees aCknOb￿9dge Ihelr responsibllilies for complwng with the requirements of Ihg Act with respect to
accounting records and preparali¢)n of finanoial slalements.
The financial statements were approved and authori5ed for i5$Ug by the Trustee$ on
and slgned on their behalf by..
2L/o? /J611
Mr Jaff8r Mansour Mohammod Al-shamery
Trusteo
The notes on pages 21 to 41 fonn part of these financlal Statements.
Page 18

Tho Muath Trust
IA company limltsd by 9uaranteel
Charlty balance sheot
A8 at 31 Decembgr 2020
2020
2019
Not•
Flxèd assats
Tangible assets
Investments
Investment property
14
16
15
7,007,924
200
183,400
7,065,210
2(K)
183,400
7,191,524
7,248.810
Currgnt assets
Dgbtors
Cash at bank and in hand
17
1.191,538
756,642
848.107
403,392
1.948,180
1.251,499
Credilor8'. amounts falling due wthln ong
y¢ar
18
(377.338)
{197,4421
Net current assety
1,570,842
1,054,057
Total net as8et8
8.762,366
6,302,867
Charlty funds
Reslricled funds
Unreslricled funds
19
19
6.321,311
2.441.055
6,291,877
2.010,990
Total funds
8,762,366
8,302,867
The Tnjslees acknowledg9 their re5ponsibililies for complwng with the requirements of the Act wth T￿peCt to
accounting records and proparBlion of flnanclal 8tslem8nts.
The financial slalemenls were approved and authorised for issue by the Trustees on
and signe
their behalf
1/6 112t•l¥
Mr Jaffer Man¥our Mohammod Al-shamery
Truste8
The not88 on page5 21 to 41 fomi part of these financlal stalemenls.
Page 19

The Muath Trust
IA company limited by guarantee)
Consolidated Slatement of Cash Flows
For the Year Ended 31 Decembgr 2020
2020
2019
Note
cash Ilow• from oporatlng actlvltle8
Nel cash u88d In operatlnu actl￿treS
856,334
288,824
Cash flows from Inv•8tlng artlvltles
Purchase of langlble r￿ed asset5
Purchase of inveslmanl property
(56,538}
1397,3141
114,5021
Net ca$h used In Inv08tlng actlvltlej
1453.8521
14.5021
Change In cash and cash eguivalonts In th• year
Cash and cash equivalents al the beginning of the year
Ca8h and cash equlvalènts at tho •nd of the year
402,482
274.322
409,604
135.282
23
812,086
409.604
The note5 on pag8$ 21 to 41 form part af these financial statements
Page 20

The Muath Trust
IA company Ilmltsd by guarnnteel
Notes to thg Flnancial Stattrmonts
For the Year Ended 310ecember 2020
Gèneral Informotlon
The Mualh Trust Is a prlvale charltable company Ilmlted by guarantse and registered In England and
Walas. Its company and charity regislgrgd numbers and registered office address are shown on page 1
of these financial statements. Its principal activities and chartlable alms ara sel out In the Trusl89$'
Report.
Accountlng poll¢loS
2.1 8a61$ of prgparatlon of financial $tatom8nts
The financial ststements have been prepa￿d In acGordance with the Charfties SORP IFRS 1021-
Accounting and Rew)rbng by Charities.. Slatemerst of Recommended Pracllce applicable lo ch8rltles
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 1021 leffeclwe 1 January 2015}. the Fbnancial Reporting Standard
applicable in the UK and Ropublic of Ireland {FRS 1021 and the Companies Act 2006.
The Mu8lh Trust m8ets the definiti￿ of a pU￿1C benefit entity under FRS 102. Assets and liabilities
are Initially recognised al hisioric81 cost or transaction value unless otherwise slated in the relevant
accounting poI￿y.
The Consolidated slalemenl of financi81 aclivi118s ISOFAI and Consolidated balance shBgt
consolidate the financial slalgmgnts of tha Group and all of its subsidiary undertakings. The results
of the subsidiaries are consdidated on a line by line basis.
The Group hos taken advantsge of the exèmption allowed under section 408 of the Companios Act
2006 and has not presented its own Slat8manl of financial activlues In thes8 financial slal8ments.
2.2 Company status
The charity 15 8 company limited by gu8rante&. Th8 members irf the comp8rsy are the Trustees
named on page 1. In the event i)f the charity ￿Ing wound up, the liability in resp8ct of the guarantee
18 limited lo £10 per memb8r of the charity.
2.3 Goin9 con¢orn
The Group'8 charitsble 8clivsti&s, together with the foclors likely to affect its future development,
performance and posillon are sel out in the Trustees, Report. The Trustees, have prepared forec88ts
and projoclions that, taking account of reason8bly possible changes in activity as a T8suIt of the
Covid-19 pandemic, show that the Group sh¢)uld be able to op8rale withln th8 level of its Gurronl
facility.
The Trustees h8ve a reasonable exp9clalion that the Group has ad8quate resources to continue In
operational existgnc8 for a period of al loast ￿e1ve months from the date of approval of th8se
rinancial statements. Thus they h8ve concluded thal il Is re880nable lo ¢onlinu8 lo prepare the
rinanoial statements on a going concèrn basls.
Page 21

The Muath Trust
IA company Ilmlted by 9uarantee)
Notes to th• Flnancial Stat&mgnt$
For the Year Ended 31 December 2020
Accountlng pollcle$ {¢ontlnued)
2.4 In¢omo
All Income is reoo9nlsed once the Charity has enlillgm8nt to the incom9. 11 Is probable that th8
Income wll be recelved and the amount of Income receivable c8n be measured reliably.
The recognition ol income from legacies is dependent on est8blishing enliuemenl, the probability of
r8celpl and the abillty lo eslimate with sufficient accuracy the amount receivable. Evidance of
enlillemenl to a legacy exists when the Charity has sufficient evKlence that a gift has been left to
them Ilhrough knowledge of the existence of a valid wlll and the death of the benefactor) and the
executor is satisfied that thg pioperty in questlon wlll not be required to sal8fy c18im5 in the estsle.
Receipt of a legacy must ba rocognised whan 51 Is probable that It wtll be received and the f8lr value
of the amount receivable, whid) will generally ￿ the expected cash amount to be distributed to the
Charity, can be reliably measured.
Grants 8r8 induded in the Consolidated stslem8nl of financial acuvllles on a receivable ba8[8. The
balance of income receivèd for specific purposes bul not expended during the period is shown in the
relevant funds on the Balance sheet. Where income is received in advance of 8ntitlemenl of receipt.
its recognition is deferred and included in creditors as deferred inc¢me. Where entitlement occurs
before income is received, the Incomg is accrued.
Other income is recognised in the period in which it is recwvable and to the oxlenl the good$ have
been provided or on completion of the servicé.
2.5 Expenditurn
Expenditure is recognised once there is a leg81 or constructive obligation to transfer o¢onomlc
benefit lo a Ihlrd party, It Is probable that a transfer of economic beneflls wll be required in
selllern8nl and the amount d the obligation Gan be measured reliably. Expendllure is classifiéd by
aotivity. The costs of each activity are mada up of the total of dlrecl cL)sts and shared costs,
includSng support costs involved in undertaking each aclivily. Direct costs allributable lo a single
activity are 8l¢ocaled dlrecuy lo that activity. Shared costs which contribute to more Ihan one acliwty
and support costs whSch are not altribulable to a Single aclivlty ar8 apportion8d be￿een those
aclivtlies on a basis Consistent with Ihg use of resourcgs. Central staff costs are all￿ted on the
basls of lime Spent, and deprèciation charges allocated ¢)n the portion of the asset's use.
Expenditure on charftable activiles Is incurred on diredy undertaklng the 8Ctiv*li88 which further Ihe
Group's objectives, as well as any associated support costs.
Grants payable 8re charged in the ye8r ￿en the offer is made except in those cases where the
offer is condillonal, 5UGh grants being recognised as expenditure when the conditions attaching are
fulfill8d. Grants offered Sublect to conLlib'ons whlch have not been mel at the year end ara noted as
commitment, bul not accrugd as expenditure.
All gxpendllure Ss Incluslv8 of Irrecovèrable VAT.
2.6 Government grants
Coronavirus support gr8nts are credited to the Consolidated st81emenl of financial 8Ctlvilies as Ihe
related expendllure is IncLtrred.
Page 22

The Muath Trust
IA company Ilmhted by guarants•)
Notes to the Financial Statemonts
Forlho Ygar Ended 310oc8mber 2020
Accountlng policies (Contlnuodl
2.7 Interest rg¢olvabl•
InteTesl on funds held on deposit Is Includ8d when rec8lvablg ond the amount can b8 measured
reliably by the Group- thi5 is normally upon nolifiGalion of the interest paid or paYa￿e by the
inslilulion wllh whom the funds are deposited.
2.8 Tanglblo fixed a$$et* and d•preciatlon
Tangible fixed a55els costing £1,000 or more are capitalised and recDgnised then future economic
benefits arg probable and the cost or value of the asset Can be measured reliably.
Tangible fixed ossels are initially recognised 81 C4)81. After recognition, under th8 C￿51 model,
tangible fixed assets are measured al cost less accumulated deprgcialion and any a￿umUlated
impairment 108ses. Al costs incurred to brin9 a tangible fixed a$set into its inten(led working
condlb'on should be Includgd in the measur8mgnt of cost.
Al e8ch ￿porting d8t8 tho Charsty asse8868 whether Ih8re is any indicallon of irnpairmenL If such
Sn¢Jication exists. the recoverable amount of the asset is determined to be the higher of its fair value
less costs to sell and its valuo in uso. An impairment loss is fecognised Whe￿ the carrying 8moL*nt
excee(Is the recoverable amount.
Depreciation 18 charyed so as lo allocate the cost of tangible Ilxed 8Ssets less their residual value
over thelr estbmaled useful lives, usirYJ the straighl-line arKI reduclng balance rnethods.
DepreCia￿n is provided on th8 following ba808'.
Freehold propety
Long-lerm leosahold propety
Motor vehicles
Ftxture5 and fittings
Office equlpment
2% stralghl-llne on bulldings
slraight-line over tho lif8 of the lease
20% reducing balanc
20Vh reducing balance
20% stralght-line
The 88sets' residual v81ues, usgful lives and dgprg¢iatKJn methLxJs arè reviewed. and adjusted
prospectlvgly il appropriate, or if there is an Ir￿l¢allOn of a significant change since Ihe la8t reporting
dale.
2.9 Investment property
Investment properties are measured inlii811y al cost ond SLtbsequently at falr value 8t the reporting
dal&, except where that propety is rented lo another group enlily. Depfeciatlon is not provlded on
investment pmperty me88urod at fair v81ue.
Page 23

The Muath Trugt
IA company Ilmlted by guarnntèel
Notes to the Financlal Statement8
For the Y•ar Ended 31 Oe¢ember 2020
Accountlng pollcles Icontlnued)
2.10 Investmgnt6
Investments In 8ubsidiari8s are valued al cost less provision for Impairment.
2.11 Dgbtors
Trade and other debtors are recognised al the settlement amount after any Irade discount offered.
Prepayments are valued al the amounl prepaid net of any irade discounts due.
2.12 Ca$h at bank and In hand
Cash at bank and in hand includes cash and short-lerm highly liquid investments with a Short
malurily of three months or less from the dale of acquisition or opelling of the deposit or similar
account.
2.13 Ll8bilities and provisions
Liab41ilies are recognised wh8n there is an obligatlon al the Balance sheet tjate as a ￿5￿11 of a past
event, il is probable that a transfer of economlc benefit wlll be required in selllement, and the
amount ￿ the settlem8nl can be eslimalad rellably.
Liabilltw are recognised al thè arnount ihal the Charily anlicipales it will pay lo settle the debt or the
amount 51 ha8 ieceived as advanced payments for the goods or services il musl provide.
2.14 Flnanclal Instrum•nt$
The Group only h88 fln8ncial assets and flnanciBI 118bilities of a kind that qualify as basic financial
instrument5. Basic financial instruments are inltlally iecogniséd 81 transaction value and
subsequently m8asL+red al their settlement valug with the exception ol bank loans which are
8ubsequently meaSU￿d al amortised cost using the effeclivo inloresl m81hod.
2.15 Penslons
The Group operates a defined contribution pension schome and the pension charge rèpresents the
amounts P8yable by the Group lo the fund in respect of the year.
Page 24

The Muath Trust
IA company Ilmited by guarantoel
Not•$ to tho Finan¢ial Staloments
For th• Year Ended 31 Dgcember 2020
Accounting pollcle8 (Contlnued)
2.18 Fund a¢¢ounting
General funds are unrestrfctsd funds whlch are avallable for use al the dlscrgtion of the Trusle8s in
furth&r8nce of the general objectives of Ihe Group and have not been designatsd for other
purposes.
Designated fun(Is comprise unreslrlcled funds that have bean sal aslde by the Trustees for
particular purposes. The aim and use of each desgnated fund is set out in the notes to the financial
statements.
Restdcled funds are funds which are lo be used In accordance wllh specific reslrfcllons Imposed by
donors or which have been raised by th8 Group foi pBrbcular purpos8s. Thg costs of raising and
administering SUGh funds are cha¥ged againsl the specific fund. The aim and use ol each restricted
fund 18 881 out in the notes to the financi91 statements.
Investment income, gains and108888 are allocated to the appropiiale fund.
Crltlcal accountlng 88tlmates and areas of judgement
Estimates and judggmenls are conlinualty evaluated and are based hl8lorical axperience and olh&r
factOf5. including expeGtalions of future events that are beliov¢d lo be rga$onable under the
circumstances.
Critlcal accounting estimates and assumptions..
The Ch8rity mBkes esllmatss an(J 88sumptions concemlng the future. The resulting a¢¢ounts'ng estimates
and assumptions wlll. ty definS1ion. seldom equal Ihe related actual r8sults. The estimates and
8ssumptioris Ihat heve a significant risk of causing a material adjuslmtsnt lo Ihe carry7n9 amounis of
assels and liabilities within the next financial year are discussed below.
Critlcal Breas of judgement..
Dwociatlon
The Trustees have reviewed the asset lives and 8s80clated rasidual values ol ell fixed asset cl8$88s and
have Concluded that asset lives and residual values are appropriate given the activities of the th8rity.
Page 25

Thg P•lualh Trust
IA company Ilmltsd by 9uaranteo)
Not•s to the Flnan¢ial Stat•m•nt$
For the Year Endod 31 Decembèr 2020
Income Imm donatlons and legacles
Unrnstrfct•d Restrl¢ted
lund8
funds
2020
2020
Total
lunds
2020
Mosque donations
Other donations in support of the trust
Capital donations
Government grants
54,286
54,286
139,965
150,000
144,231
139,965
150,000
144.231
139,965
348,517
488.482
The Group furtoughed certain staff under the governments Coronavirus Job Retention Scheme (CJRSI.
The funding received of £144,231 relates lo claims made in respect of the year.
Unr•strlcted Restricted
funds
funds
2019
2019
Total
funds
2019
Mosque donation$
Other donations in support of Ihg trust
89.995
89,995
100,694
100.694
100,694
89,995
190,689
Income from charltsble actlvlti•$
Unrostrl¢t¢d R88trl¢ted
fund¥
fund5
2020
2020
Total
funds
2020
Edijcalion & Training
Proj8cI & Grant Funding
Nursèry Fees
AAS & Tahfeedh
Conference & Units Hire
Resldential Accommodation
59.364
59.364
1.182.082
4.449
177.551
178.975
114,250
1,182,082
4,449
177,551
178,975
114,250
Total 2020
534,589
1,182.082
1,716.671
Page 26

The Muath Trust
{A company Ilmlted by guarantee)
Notes to Financial Statomonts
For the Year Ended 31 December 2020
Income from chailtable actlvities Icontlnuedl
Unrostrlcted Restrlcted
tunds
lund8
2019
2019
Total
funds
2019
Education & Training
Project Grant Funding
Nursery Fees & Children5 Centre
AAS & Tahfeadh
Conference & Units Hire
Residentl81 Accommodation
49,791
49.791
1,188.77T
26,234
222,761
176,957
107,656
1.188.777
26,234
222,761
176,957
107,656
Total 2019
583.399
1,188,777
1,772.176
In¢om• from other tradlng actlvltles
Income from non charltabl• tradlng a¢tlvltlgS
Llnr•8trlctod
funds
2020
Total
funds
2020
Total
fund$
2019
Trading sub81dlary Income
1,046,001
1,046,001
482,342
Invèstment In¢¢mo
Unrestrlcted
funds
2020
Total
funds
2020
Total
fund8
2019
Bank ifitergst
71
71
Page 27

Tho Muath Tmst
IA company Ilffllted ty guarante•l
P4ot•s to the Finanelal Statements
For the Year Endod 31 Dècember 2020
Expendlture on ra5slno fund8
Consolldat•d trading subsldlary axpondltur•
Unrostrict•d
funds
2020
Total
funds
2020
Total
funds
2019
Staff costs
Trading exponsgs
Depiecialion
675,033
248.521
8.594
675,033
248,521
8.594
415,603
52,606
8,594
932.148
932.148
476,803
Analysls of gxpendituro by actlvttlo$
Activltles
ndgrtaken
dlrectly
2020
Grant
fundlng of
aotlvltlos
2020
Support
costs
2020
Total
lund8
2020
Opèrats'onal Services
1,185,059
374,416
329.577
1.869.052
Actlvltles
undgrtak¢n
dlr&¢tly
2019
Grant
fundlng of
actlvltle8
2019
Support
Costs
2019
Total
funds
2019
Op8raliono1 ServtC88
1.099.218
382,385
353,012
1,834,615
Page 28

Tho Muath Tru$t
IA company limlted by guaranteo)
Not•8 to the F5nanclal Statemènts
For tha Year Endgd 31 December 2020
Analysis of expendlture by actlvlti•s (continued)
Analy81$ of dlrect CO8t8
Total
funds
2020
Total
funds
2019
Stsff c08ts
Operallonal servlce8
1,069,824
95,235
935.417
163,801
1,165,059
1,099.218
Anglysls of 8UPPOrt ¢o•ts
Total
funds
2020
Total
funds
2019
Depreclauon
Premises expense8
Vehicles and travel
113,824
134,165
6,353
18,845
32,004
2.927
21,459
109,400
151,639
11.360
22.449
31.113
4.149
22.902
Insurance
Offlce administralon
Bank charg85
Govemanco
329,577
353,012
Page 29

The Muath Trust
IA company limlted by guarantee)
Notes to the Flnan¢lal Ststements
For the Year End•d 31 December2020
10. AnalyBls ot grants
Grant8 to
In¥titutions
2020
fund$
2020
Grants lo dellvery partners
374,41
374,416
Grants to
Institutlons
2019
Total
fund$
2019
Gr8nts to delivery partll818
382,385
382.385
Tha Group has made the fcllowing material grants to institutions during the ￿ar..
2020
2019
Nam• of InBtstutlon
Northstar Communlty 8nd Economlc Development s8￿ces Ltd
Ashiana Community Project
Birmingham Asian Resourc8 Centre
Narthex Sparkhill
109,599
264,817
224.247
78,810
38,192
14,766
374.416
356,015
Other grants lo insutulions
26,370
374,416
382.385
The granls have been made lo partners in delN8ring tsyo European Social Fund projects in the local
commvnity aimed at catalysing skills development an(1 increasing employment prospects.
11. Audltorfs rèmuneratlon
2020
2019
Fees payable lo tha Group's 8ULlitor for the audit of tho Group's annual
flnancial statements
10,925
10,025
Fees payable lo the Group's auditor in respect ol..
Tax compliance services
All non-audil services not included at¥)v8
1.055
950
1,025
2.500
Page 30

The Muath Tru8t
IA company Ilmlt•d by guarantee)
Nots$ to tha Flnanci41 Ststomants
For th• Yoar Ended 31 Decembor 2020
12. Staff GO*t8
Group
2020
Group
2019
Charity
2020
Charlty
2019
Wages and salario$
Soclal seourfty Gosts
Penslon costs
1,647,349
80,612
16,896
1287,463
52,552
11,005
1,008.034
49,485
12,305
886,722
40,530
8.165
1,744,857
1,351,020
1.069.824
935.417
The average number of pgrsons omployed by the Charlty during the year wa8 as follows..
Group
2020
No.
Group
2019
No.
Charlty
2020
No.
Charlty
2019
staff
171
142
117
No omployee received remunerBtKJn amounting to more Ihan £60.000 in either year.
The amount of employee beneflt8 recelved key management personnel for thdr services lo the charity
totalled £50.000 {2019 - £50,000).
13. Tru8tee8' remuneratlon and axpenses
Ourlng the year, Tw8t8e8 recelved any rernuneratlon or 0th8r bengfits12019- £NILI.
During the year ended 31 December 2020, no 8xpenses were reimbursed to Trustees12019 - £576 for
trav818nd ho$pilality costs).
Page 31

The Muath TbV•t
IA company Ilmbted by guarantee)
Not•s la th• Financial Statemants
For tho Year Ended 31 December 2020
14. Tangible flxed a8Bets
Group
Long.temi
Frnahold leasehold
propérty
property
Motor
Flxtures
Offlco
v•hlcl•s and fittings •qulpment
Total
Cost
At 1 January2020
Addition8
1.660.547 6,976,933
27,950
19,388
605,659
33,785
153,018 9,424,107
3.365
56,S38
At 31 D8C8mber
2020
1,660.547 6,976.933
47,336
639.444
156,383 9,480,645
Depreclfttlon
Al 1 January 2020
Charge for the year
284,285
33,211
981.692
62,294
27,163
4,035
525,234
22,205
153,018 1,971.392
673
122.418
At 31 December
2020
317,4
1.043.986
31,198
547,439
153.691
2,093,810
Net book value
Al 3) December
2020
1,343,051
5,932,947
16,140
92,005
2,692 7.386.835
Al 31 Oecember
2019
1,376.262 5,995,241
787
80,425
7,452.715
Page 32

The Muath Trust
IA company Ilmltéd by guarantee)
Nots$ to th8 Financial Stat•m•nt8
For th• Year Ended 31 December 2020
l& Tangible flxed a4•0t8 (continued)
Charfty
Long-torm
Fr•ehold l•asehold
property
property
Motor
Fixtur¢s
Offlc•
v•hicles and fittinB¥ oqulpmont
Total
Cost
Al 1 J8nuary2020
Additions
1.230.859 6.976,933
27,950
19,388
605.659
33.785
153,018 8,994,419
3,365
56,538
At 31 December
2020
1,230,859 6,976,933
47.338
639,444
156.383 9,050,957
Depre¢latlon
At 1 January 2020
Charga lor the year
242.102
24,617
981,692
62.294
27,163
4,035
525,234
22.205
153,018 1.929.209
673
113.824
At 31 December
2020
266,719 1,043,986
31.198
547,439
153.691 2,043,033
Nèt bo¢k valuo
Al 31 Decèmbgr
2020
964,140 5,932,947
16,140
92.005
2,692 7,IJ07.924
Al 31 December
2019
988,757 5.995,241
787
80,425
7,065.210
The long-t8rm lease period is 125 years from 1990. Th8 leasehold property W88 acquired by The Mualh
Trust on 21 November 2003 and is therefo￿ being depreciated over the rem8iniNJ 112 years of Iheloase
from this date on a slralght-line bosis.
As requlred by National WeslminstBr Bank, there is a legal charge over the lowterm leasehold property
to provide security in th8 event of a breach of the banking agreement wsth this entity.
Page 33

The Muath Tru8t
IA company Ilmlted by guarant•o1
Notès to the Financlal Stal•mvnts
For th• Year Ended 31 D9￿rnber 2020
15. Inve¥tment property
Group
Freehold
Investm•nt
proporty
Valuatlon
Al 1 January 2020
Addition8
183,400
397,314
Al 31 ogcember 2020
580,714
Charity
Freehold
inve¥tm¢nt
property
Valuatlon
Al 1 January 2020
183,400
Al 31 Decomber 2020
183,400
Undèr tha hlstoric81 o)st accounllng rules. thg carrwng value of the invoslmenl propety would hav8 boon..
Group
2020
Group
2019
Charity
2020
Charlty
2019
Hlstorical cost
Accumulated depreclatM)n
607,314
135,0001
210,000
130,8001
210,000
135.()001
210,000
130,8001
572.314
179,200
175,000
179,200
Page 34

Thg Muath Tru$t
IA company limltèd by guarante•l
Notes to thg Flnancial Statgmènts
For th• Year Endad 31 De¢ember 2020
16. Flxed asset Investments
Invostments
in
$ubsidlary
compan1•8
Charlty
Cost
Al 1 January 2020
200
At 310•¢em￿r 2020
200
See note 28 for details conceminu the svbsKJiary undertaklng8.
17. Dgbtors
Group
2020
Group
2019
Charfty
2020
Charity
2019
Tr8de debtors
Amounts owed by group undèrtakings
Other debtors
Prepayments and accrued income
Grants receivable
112,114
49.068
53,890
940,249
11,428
492,944
1.332
26.998
194.988
594
4,185
341,366
2.027
194,988
1.985
341.366
335,432
395,213
1,191,538
848,107
18. Cr•dftors: Amounts falllng duo wbthln one ￿llr
Group
2020
Group
2019
Charity
2020
Charity
2019
Tradg Greditors
Olher taxation and social security
Olhgf cr8ditors
Accruals and deferred Income
123,269
20,240
114,391
181,888
117,282
12.677
4.047
81.672
113.605
16.877
106,001
140,855
110.554
10,708
1,610
74,570
439,788
215,678
377,338
197,442
Page 35

The Muath Trust
IA company Ilmltsd by guaranteo)
Notas to the Financial Statgm•nt¥
For the Ytar Ended 31 0gc•mber 2020
19. Statem•nt ol lund$
Statsm•nt of fundB- current yoar
Balon¢e at
31
Oocember
2020
Balanc• at 1
January
2020
Trttnsfers
inl(out)
Income Expendlture
Unrè8trfcted funds
Designatod funds
Reserves
Fixed assets
75,000
1.439,214
75,OLJO
1,730.048
{4,424}
295,258
1,514,214
14,4241
295,258
1,805,048
Goneral funds
GenèrBI Funds
419,163
1,720,626 11.295.611) 1295,2581
548,920
Total Unr9Strlcted funds
1.933,377
1,720,626 11,300,035}
2,353,968
Rèstrlctod funds
Fixed assets
Community projects
Mosque fund
Coronavirus Job Retentlon
Scheme
6,196,901
150.000
1.182,D82
54,286
(109.4001
11,182,082)
{65.4521
6,237.501
94,976
83,810
144.231
1144,2311
6,291,877
1,530,599 {1,501,165)
6,321,311
Total of fund
8.225,254
3,251.225 12,801,200)
8.675,279
Desi9naled fuThJs comprise ￿serveS set aside by the charitable company only for use with prKJr
approval from the Bo8rd, and unrestricted amounts tied up in fixed assats.
Reslricled funds comprise fixed asset financing, community project funding le.g. European Social
Funding) and mosque donations and are therefore unavailable fof general use in iunning the Bordesley
Cenlre.
Page 36

The Muath Twst
IA c¢mpany IlmStgd by guarantee}
Notes to the Financial Statoments
For the Ygar Ended 31 December 2020
19. Statement of funds (contlnuedl
statem•nt of funds- prfor year
Balanco at
31
De¢omb•r
2019
Balan￿ •t
1 January
2019
Transfèrs
inl{outl
Income Exponditurn
Unrostricted funds
Daslgnated funds
Reserves
Fixed assets
50.000
25,000
1,439,214
75.000
1,439,214
50,000
1,464,214
1,514,214
Gengral fund
General Funds
1,314.507
1,166,435
{597,5651 11,464,214)
419,163
Total Unre¥trict•d funds
1,364,507
1.166,435
1597,5851
1,933.377
Re¥trlcted fund8
Fixed assets
Community projects
Mosque fund
6.308,301
324.608
96,049
{109.4001
1,188,777 11,513,385)
89,995
191.0681
6,196,901
94.976
6,726,958
1,278,772 {1,713,8531
6,291,877
Total of fund8
8.091,465
2,445,207
12.311,4181
8,225,254
Page 37

The Muath Tfu8t
(A company limited by guarantoel
Notei to the Flnancial Statements
For the Year Ended 31 December 2020
Summary offunds
Summary of funds - curr•nt ytrar
Balanco at
31
December
2020
Bal8n¢fj al 1
January
2020
Transf•rs
Inllout)
Incom9 Expendlturn
DesignBted funds
General funds
Reslri¢l¢d funds
1,514,214
419,163
6,291,877
14,424)
295.258
1.720.628 11,295,611) (295.2581
1.530,599
11,501,165)
1,805,048
548,920
6,321,37 1
8,225,254
3,251,225 12,801,200)
8,675.279
Summary of fund$ . prlor yoar
Balance at
31
December
2019
B8lanc• at
1 January
2019
Transfors
Inlloutl
In¢omo Expondlture
Designated funds
General lund8
Resliicled funds
so,000
1,314,507
6,726,958
1.484,214
1597.5651 l),464,2141
11,713.8531
1,514.214
419.163
6.291,877
1,166,435
1,278,772
8,091,465
2,445,207
12,311,418
8,225,254
21. Analy8Ss ot net assets batw••n fund5
AnaI￿lS of net assets between funds- currgnt perlod
Unr8slrl¢t•d Re8trlctod
fund$
funds
2020
2020
Total
fund8
2020
Tangible fixed assets
Investment property
Current assets
Creditors due wlhin one year
1,730.048
5.656,787
580.714
83.810
7,386,835
580,714
1,147,518
1439.788)
1,063,708
1439,7881
Total
2,353,968
6,321,311
8.675,279
Page 38

The Muath Tru¥t
IA company Ilmlt•d by guarante81
Not0$ to th8 Financial Stat•m•nts
For th• Year Ended 31 December 2020
21. Analys18 of net a8801• between fund8 Icontlnued)
alysls of net as6015 botween fund$ - prlor perlod
Unrestrlcted Restrlctgd
fund8
funds
2019
2019
Total
funds
2019
Tangible fixèd 85sets
Investment prop8rty
CUr￿n1 assets
Creditors due wlhln one yaar
1,439,214
6.013,501
183.400
94.976
7,452,715
183,400
804,817
1215,6781
709,841
1215,678)
Total
1.933.377
6,291,877
8.225,254
22. Reconclllatlon of net movement In funds to net ¢g$h flow Irom op•ratlng acllvltlos
Group
2020
Group
2019
Net Income for the {a8 per Statement of Flnancial Activllie81
450.025
133,789
AdJu8tm•nts for:
Dapreclallon charges
Decreaselllncre8se) In debtors
Increase in creditor8
122,418
59,781
224,110
117,994
{99.3641
136,405
Net cash provldod by op•ratlng actlvltlos
856.334
288,824
Analy81s of cash and Gash •quivalènts
Group
2020
Group
2019
Cash in hand and al bank
812.086
409,604
Page 39

The Muath Trust
IA company Ilmltgd by guarantO0}
Notès to the Financlal Stat•ments
For the Year Ended 31 December 2020
Analy818 of changes In net debt
At31
D•c•mbèr
2020
January
2020 C¥$h flow6
Cash at bank and in hond
409.604
402,482
812.086
25. Penslon commltmÈnts
The group operates a dofined contrfbulions pension schem8. The assets of the schemo are held
separately from those of th& group in an indepgndgntly admlnislerèd fund. The pgnslon cost charye
represents contributions payable by the group lo th8 fund and amounted to £16,896 12019 - £11,005).
Contributions tolalling £6.00112019- £2.8671 were poyable lo the fund al the balance sheet dale and are
included in other creditors.
Rélat￿ party transa¢tlons
The charitsble company had a net loan account balance of £847,772 du8 from group enlilies al the
balance sheet date as detailed belosw.
2020
2019
Mualh Trading Ltd
Trust Quality Care Ltd
872,023
(24,2511
474.609
18,355
847,772
492,964
Movements in the loan accounts did not imp8cI upon income or expondllure in the year asKle from
£30,85012019- £18,000) managem8nl charge from the charitable parent lo Trust Qualily Care Ltd.
The ¢harflable company r8ceived £150,000 as a dDnation from a Tru8tse. The donati￿ did not require
Ihg charity lo a118r the nature of ils existing activities.
Page 40

The Muath Tru8t
IA company Ilmlt•d by guaranto0}
Not•$ to th• Financial Stst•m•nt8
For th• Y•ar Ended 31 Decèmbor 2020
ControllSng party
Th&re is no one ultimale conlrolllng party of the Group.
28. Prfnclpal subsldlarfgs
The following were subsidiary undertaking8 ol the Charity included Sn these consrAidated financlal
slatemenls..
Namos
Company
numbor
Prln¢lpal activity
Cla99 ot
shar•8
Holding
Trust Quality Care Ltd
09543547
Provi8lon of care
service5
Propety rental
Ordinary
100%
Muath Tradlng Ltd
09223310
Ordinary
loo%
The financial results of the subsidiaries for the year were..
Names
Income
2020
Expendlture
2020
N•t assets I
(liabilities)
31
D•combgr
2020
Trust Quality ca￿ Ltd
Mu8th Trading Ltd
1,036,925
9,076
945,513
17,485
13.257
1100.0431
Pag8 41