Al-majid w•lfaf• Trust Charity No 1103759 Pag• 2 ort of the T￿￿to•S for the ear 3, Janua 2024 - * Janu 2025 The trustees present their financial statements for the year to 2- January 2025. The trustees have adopted the provisions of Statement of Recommended Practice (SORP) Accounting and Reportsng by the Chantses issued in March 2￿5. Trustee Name 18arkat Ali D.O.B 2611211954 2 bhabnam Ahmed D.O.B 051(1811979 3 Nazneen A Ali D.O.B 2610811984 chaim￿Tr Trust8& Trustee 07825278320 (Main Contsct) 07788921 [￿5 07825640107 cture ovornance and mana ement Al-majid Welfare Trust is consts'luted as a charitable trust registered wilh the Charity Commission under charity No. 1103759. It is goverr￿d by a deed of trust. anlzational structure.. The ciwity trustees are responsible for the gener81 CA)ntrol and ma￿9￿ent of tho tharity. Tha trustees give their time freely arKI ￿1ve no rernUrwati￿ or other finarKaal ber￿fitS. Achi•v•m•nt and Perf0m￿nCe . Al-majid Welfare TrtBt provides a plarn of prayer and c(ryregation for ts Muslim of ReadirwJ It provides educational classes for both children and •Jults. and various other community needs. Education Religious activities Birth: Marriage, Funeral, etc. Providing Supp￿ to people In sickness 8Th1 distress Provides human resources Humanitarian Aid Builth'rig facilities Flnanclal Re ie The Trust's main source of income is Friday (x)Ilection and Zakat. It also makes spea'al app8al if it needs funds for some special project. During the year the Trust raised a total of £304.357 from which donation toward Mosque funds £105.949 and £61,563 was restricted funds. Rental income of £86.765 . Fee Received £12,860 Gift aid and received total of £30,143 na ment D lar tion: We approve the attached accounts of Al-majid Welfare Trust, Reading for the year ended 2nd January 2025 and confirm that we have made available to Mr. M Banaras all the books, records and information relating to these accounts for examination purpose. (On behalf of all tts truste8s) Sign. Date: 15° September 2025 Barkat Ali - Chaimian Chairty No. 1103759 ## Al Majid Welfare Trust ## Registered Office 215 Northumberland Avenue, Reading RG2 7PX ## FINANCIAL STATEMENT Accounts From 03/01/2024 to 02/01/2025 Chairty No. 1103759 Al Majid Welfare Trust Registered Office 215 Northumberland Avenue, Reading RG2 7PX |Index||| |---|---|---| |FINANCIAL STATEMENT||| |Accounts From 03/01/2024 to 02/01/2025||| ||Page No.|| |Indpendent examiners Report on the accounts||1| |Management's Declaration||2| |Balance Sheet & Book Value||3| |Income and Expenditure account||4| Balance Sheet Chairty No. 1103759 Page 3 ## Al Majid Welfare Trust Statement of Financial activties for year to 02 January 2025 |Incom genrated
Collection
**Restricted**
**Un restricted**
Donation
61,563
105,949
Intrest Receved
7,077
Gift aid claim HMRC
30,143
Fee Receved
12,860
Premsise
Rental incom
86,765
Expence
Rental expences
-
Total other spending
-
38,830
-
Donation
24,911
-
Deficit (Surplus) for the year
**43,729**
**196,887**|02/01/2025
02/01/2024
**Total funds**
£167,512
174,423
£7,077
4,632
£30,143
22,635
£12,860
3,610
£86,765
79,210
-
-£38,830
41,603
-
-£24,911
12,187
-
**240,616**
**230,720**| |---|---| ## **Book value** Accounts From 03/01/2024 to 02/01/2025 ## **Fixed Assets** |2,Bennet place Reading RG2 0XU
305,000
£
6,Foxhays road Reading RG2 8NA
280,000
£
579-581 Basingstoke Road Reading TG2 0SJ
450,000
£
215 Northumberland Avenue Reading RG2 7PX
278,000
£
Total
50, Wheble Drive Reading RG5 3DT
£220,000
**Current Assets**
Cash
**saving a/c**
**currant a/c**
**Total**
**Cash in hand + Bank**
0
420,000
£
6,582
£
**Cash in hand + Bank**
0
13,091
£
**Cash in hand + Bank**
0
8,128
£
**Cash in hand + Bank**
0
5,500
£
453,301
£
**Less Liabilities**
Loan
70,000
£
70,000
£
Vat
1,008
£
1,008
£
PAYE Tax & NIC
0
0
Rent deposit account
1,250
£
3,750
£
5,000
£
Rent deposit account
5,500
£
8,128
£
13,628
£
**Total Liabilities**
89,636
£
Total Funds Reserve
02/01/2025
02/01/2024
Reserve Balance B/F
1,656,049
1,425,329
£
Reserve Funds in year
240,616
£
230,720
£
Total Funds Reseve
**1,896,665**
**£**
**1,656,049**
**£**|£1,533,000
453,301
£
**1,986,301**
**£**
**1,896,665**
**£**| |---|---| Income and Expenditure account Page 4 Chairty No. 1103759 Al Majid Welfare Trust Accounts From 03/01/2024 to 02/01/2025 |Friday / public donation
105,949.00
**Restricted donation**
61,563.00
Intrest receved
7,077.00
Gift aid claim from HMRC
National Grant
-
Fee Receved
Rent from property
salaries & wages
31,977.00
Insurance
1,343.00
legal services
-
Fixture fitting
1,172.00
Telephone Postage & stationary
264.00
Rent & Rates
-
Bank charges
67.00
light heat and power
4,007.00
Donation
24,911.00
63,741.00
Surplus incom
Reserv b/f
Reserve total||167,512.00
7,077.00
30,143.00
-
12,860.00
86,765.00
304,357.00
.
63,741.00
240,616.00| |---|---|---| |||1,656,049.00
**1,896,665.00**| Independent Examiner's Report on the Accounts For the year ended 02-January 2025 Pa8el Report totheTrustees of On accourrts for the yéar énded Charity No. Al-majid Welfare Trust 02.Jan-2025 1103759 Res tlv* r•s onsibilities of trust•¢s and examin•r The charity trustees ar• r•sponslbl¢ forthe preparation of ihe accounts. The charity's trustees consider that an audit is not requlred for the year under sectlon 144 of the Charitie5 Act 2011 (the Charlty Act) and that an independent cxamination ts nceded. li is my responsibility to.. •Examine the accounts under sectlon 145 ofthe Charlty Act. To follow the procedures laid down in the general Dlrectlons 8lven by the Charity Cammission (Lbnder section 14515llb) ol the Charity Act, 'To State whether particular matters have come lo my attention. Basls of Ind• nd•nt •xamln•r's stat@m•nt Mytxamlnation was carrled out in accordancé wlth general Dlrections glven bythe Charlty Commlsslon. An exarnination include5 a review ofthe accounting records kept bythe charity and a comparison ofthe accounts presented with those records. It also includes consideration of any unusual items or diK105UTes in tht *ccoufits. and seeking explanations f rom the Irustees concernin8 any such mattefs. The procedures undertaken do not provlde •llth• evidence that would be required in an aLsdit. and consequently. no opinlon is given as to whether the account present5 a ' trup. and falr . view and the report is limited to those matters set out In ihe slaternent below. In connection with my examinatlon, Tro matter has come io rny attention loth•r than that dlsclosed below) l. whlch glves rnefeasonable cause to believe that +n, any materlal respe¢t, the requlrements: To keep accountlng records in attoTdan¢e with section 130 of the Charity Act; To prepare accounts which accord with ihe accountan8 records and tomply wlth the ¥ccounlln& requlrements of the charity Act h•ve not been met; or 2. to which. in my opinion. attentlon SI￿Uld be drawn In order loenable a proper understanding ofthe accounts to be reathed. Pate: Nam• Relevant professlonal qualification or body Trustee of Reading Islarnic Centre Address: 72 Salisbury Road. Reading. RG30 18N