CHARITY NO: 1101647 JAMIA MASJID ANWAR-E-MADINAAND ISLAMIC STUDY CENTRE FINANCIAL STATEMENT FOR THE YEAR ENDED 31st MARCH 2024 CHARITY NO: 1101647 JAMIAMASJIDANWAR-E-MADINAAND ISLAMICSTUDYCENTRE CONTENTS eNo Charity Information Report of the Trustees 34 Independent Examiner's Report Statement of Financial Activities Statement of Assets and Liabilities Notes to the Financial Statements 8-10 CHARITY NO: 1101647 JAMIA MASJIDANWAR-E-MADINAAND ISLAMIC STUDYCENTRE CHARITY INFORMATION TRUSTEES Mohammed Siddique Zulfiqar Ali Nazir Ahmed Mohammed Farooq Mohammed Hanif Ali CHARITY OFFICE 8-10 CL4RA STREET HILLHOUSE HUDDERSFIELD HD16EN ACCOUNTANTS CHARTERFIELDS (HUDDERSFIELD) LIMITED CHARTERED CERTIFIED ACCOUNTANTS AND REGISTERED AUDITORS 2231225 BRADFORD ROAD FARTOWN HUDDERSFIELD WEST YORKSHIRE HD16EW BANKERS BARCLAYS BANK PLC 17 MARKET PLACE HUDDERSFIELD HD12AB CHARI 1101647 CHARifY NO: 1101647 JAMIAMASJIDANWAR-E-MADINAAND ISLAMIC STUDYCENTRE TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024 The trustees present their annual report and the financial statements for the year ended 31sl March 2024. LEGAL AND ADMINISTRATION Jamia Masjid Anwar-e-madina and Islamic Study Centre is a registered charity, number 1101647, and is subject to the regulation of the Charity Commission. STRUCTURE, GOVERNANCE AND MANAGEMENT: The charity is governed by its constitution adopted on 8th May 1998. The charity is constituted as an unincorporated association consisting of members. Trustees are appointed or re-appointed at the Annual General Meeting. All trustees give their time voluntarily and receive no remuneration or other benefits. TRUSTEES The day-to-day affairs of the charity are managed by the trustees with the help of the volunteers. There are five trustees. The following charity trustees managed the charity during the year to 3131 March 2024. Mohammed Siddique Nazir Ahmed Mohammed Hanif Ali The Charity appointed new trustees to the date of the report Zulfiqar Ali (Appointed 29-10-2023) Mohammed Farooq (29-10-2023) Trustees delegate some day-to-day tasks to the volunteers of the charity. CHARITABLE OBJECTS A. To promote the benefit of the inhabitants of Huddersfield (hereinafter called "the area of benefit") without distinction of sex, race, political, or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organizations in a common effort to advance education, advance the Islamic religion, teachings, values and practices and to provide facilities in the interest of the relief of poverty, of social welfare, recreations and leisure-time occupation with the object of improving the conditions of life for the said inhabitants. B. To work towards the elimination of racial discrimination and to promote equality of opportunity and good relations between persons of different racial groups. C. Establish or secure the establishment of a community centre (hereinafter called "The Centre") and maintain and manage the same, whether alone or in co-operation with any local authority or other person or body in furtherance of these objects (CONTINUED) CHARITY NO: 1101647 JAMIA MASJID ANWAR-E-MADINAAND ISLAMIC STUDYCENTRE TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024 (CONTINUED) D. Promote such other charitable purposes as may from time to time be determined. CHARITY'S ACTIVITIES AND PERFORMANCE. The charity's activities during the year were as follows: i. Teaching the children the Quran and the Islamic religion ii. Facilitate five daily prayers iii. Facilitate funerals iv. Organisation of key Islamic events Refresher courses for adults FINANCIAL REVIEW OF THE CHARITY AT THE END OF THE YEAR In the financial year to 31 st March 2024, the charity had an income of £94,060 (2023: £68,064) and an expenditure of £61,841 (2023: £49,347). RESERVES POLICY The charity's reserve policy is to hold sufficient funds in reserve to enable the charity to operate for six months if no other funds are available. FUNDS IN DEFICIT There are no funds held by the charity that are materially in deficit. PUBLIC BENEFIT STATEMENT. The trustees confirm they have complied with their duty in Section 17(3) of the 2011 Charities Act to have due regard to the guidance on public benefit by the Charity Commission in exercising their powers and duties. 10. FUTURE PLANS To provide several activities for the youth. To enlarge the prayer areas for both men and women. bove report is approved by the trustees and signed on their behalf. The Mohammed Si Date.. 2yZS Nazir Ahmed Date: 202£ CHARITY NO: 1101647 JAMIA MASJID ANWAR-E-MADINAAND ISLAMIC STUDY CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report on the accounts of the Trust for the year ended 31 st March 2024, which are set out on pages 5 to 10. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER As the charity trustee of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Acr,). INDEPENDENT EXAMINER'S STATEMENT I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Comrnission under section 145(5)(b) of the act. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below) in connection with the examination which gives me cause to believe that in, any material respect: i. accounting records were not kept in accordance with section 130 of the Act or ii. the accounts do not accord with the accounting records There are no other matters in connection with the examination to which the attention should be drawn to enable a proper understanding of the accounts to be reached. Shamlm All Charterfields Member of the Association of Chartered Certified Accountants 225 Bradford Road, Huddersfield HD16EW Date: 67- 03 _ kn7.r JAMIA MASJID ANWAR-E-MADINA AND ISLAMIC STUDY CENTRE RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31" MARCH 2024 Note 2024 2023 Total Receipts 94,060 68,064 ments Direct Charitable Wages & National Insurance Management & Administration Costs Total Gross Expenditure 24,600 24,092 41,231 65,831 25,255 49,347 Net Receipts 28,229 18,717 Total Funds brought forward 380 149 361432 Total Funds carried forward 408,378 380,149 The notes on pages 8 to 10 form part of these financial statements. JAMIA MASJID ANWAR-E-MADINA AND ISLAMIC STUDY CENTRE STATEMENT OF ASSETS AND LIABILITIES AT 31 MARCH 2024 8t ote 2024 202 CURRENT ASSETS Prepayments Bank current account Cash float Total Current Assets 1,298 108,707 105,055 2500 107,555 111,070 SSETS FOR CHARITY. Land and Buildings OWN USE 297,552 274,552 408 622 382 107 Creditors falling due within one year Total Funds 244 1,958 408,378 380,149 The notes on pages 8 to 10 form part of these financial statements. Approved by the trustees and signed on their behalf.. Mohammed Siddique Date.. ?131 Nazir Ahm Date.. CHARITY NO: 1101647 JAMIA MASJID ANWAR-E-MADINAAND ISLAMIC STUDYCENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024 1. ACCOUNTING POLICIES The principle accounting policies adopted in the preparation of the financial statements are set below.. - a. Basis of Preparation The accounts have been prepared under the historic cost convention, on going concern basis, and in accordance with the Statement of Recommended Practice for charity accounts issued in March 2005 (The charities SORP 2005) and with accounting standards. b. Depreciation Depreciation is provided on the cost of tangible fixed assets in order to write off such costs after taking account of scrap values over the expected (held for use by the entity) useful lives as follows: 'A Per Annum Method Reducing Balance Fixtures & Fittings No depreciation is charged in respect of land and buildings. c. Incoming Resources Fee income and Donations & Gifts are included in the Statement of receipts and payments when received by the charity. d. Expenditure Recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. e. Management and Administration Expenditure Includes all expenditures not directly related to the charitable activity of fundraising ventures. f. Taxation The organization is recognized as a charity by HM Revenue and Customs and thereby benefits from certain exemptions from taxation on income and gains to the extent they are applied for charitable purposes. g. Unrestricted funds All the funds received are unrestricted funds. Unrestricted funds are those funds that can be used in accordance with the charitable objectives at the discretion of the trustees. 2. FEES & DONATIONS: Donations consist of weekly collections, donations for funerals, and from the charity's education program. JAMIA MASJID ANWAR-E-MADINA AND ISLAMIC STUDY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" MARCH 2024 TAL RECEIPTS 2024 2023 Government Grants Fees Donations & Collections 21,380 13,520 94,060 68,064 4. DIRECT CHARITABLE COSTS Wages & NIC for the Staff 24,600 24,600 24,092 24,092 The average weekly number of staff employed by the charity during the year was as follows.. 202 Tutors 5. ADMINI TRATION EXPENDITURE 202 Ground Rent Water Rates Heat & Light Insurance Repairs & Renewals Interest Telephone Other Legal & Professional 18 1,313 9,210 1,298 28,871 17 1,143 7,194 1,750 14,503 294 354 25,255 510 41,231 JAMIA MASJID ANWAR-E-MADINA AND ISLAMIC STUDY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 st 6. TANGIBLE FIXED ASSETS Pro Cost I Valuation Balance at 01- 04 - 2023 Additions at Cost Disposals Balance at 31- 03 - 2024 274,552 23,000 297,552 De reciatlon Balance at 01- 04 - 2023 Charge for the year Disposals Balance at 31- 03 - 2024 NBV At31-03-2024 297,552 At31-03-2023 274,552 7. CREDITORS 2024 2023 Taxation and social security costs.. 244 244 1,958 1,958 8. TRUSTEEICOMMITTEE MEMBER None of the trustees or the committee members(or any person connected with them) received any remuneration or benefits from the charity. 10