Registered Charity number: 1105092
LONDON COLNEY ISLAMI CENTRE ST ALBANS
Reports and Accounts
For the Year Ended
31 December 2024
LONDON COLNEY ISLAMI CENTRE ST ALBANS
Contents
| Page | ||
|---|---|---|
| Charity Information | 1 | |
| Trustees' Report & Statement of responsibilities | 2 to | 4 |
| Independent Examiner | 5 | |
| Statement of Financial Activities | 6 | |
| Balance Sheet | 7 | |
| Notes to the Annual Accounts | 8 to 10 |
LONDON COLNEY ISLAMI CENTRE ST ALBANS Charity Information
| Trustees | M Babla | Chaiman |
|---|---|---|
| A Boshor | Trustee | |
| A Khalique | Trustee | |
| A Khan | Trustee | |
| M A Lais | Trustee | |
| A Miah | Trustee | |
| M Miah | Trustee | |
| A Shohid | Trustee | |
| A Bashar Ali | Trustee | |
| M Salim Ahmed | Trustee | |
| Principal Office | 149 High Street | |
| London Colney | ||
| St Albans | ||
| Hertfordshire | ||
| AL2 1RP | ||
| Bankers | Metro Bank | |
| London | ||
| Independant Examiner | HA Accountants | |
| 26 Leagrave Road | ||
| Luton | ||
| Beds | ||
| LU4 8HZ |
1
LONDON COLNEY ISLAMI CENTRE ST ALBANS
The report of the trustees for the year ended 31 December 2024
Introduction
The trustees present their annual report and accounts for the year ended 31 December 2024
Objectives and Activities.
Charitable Objectives.
The Charitable trust is governed by the Consitution adopted 25 June 2000 as amended on 30 June 2004.
Aims and Objectives
The objectives of the Trust is set by the constitution to provide facility for bangladeshi muslim community within London Colney and surrounding areas to provide facilities to practice Islam and provide Islamic education in accordance with the Holy Quran and Ahadith within the bounds of Ahle-Sunna Wal Jamaat
Objectives for the year.
During this year the charity sought to:
-Further improve awareness of it's existence, facilities and services offered.
-To continually enhance the facilities provided.
- -To develop and enhance the educational curriculum.
Public benefit statement
The Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit published by the Charity Commission for England & Wales.
Use of volunteers
The charity uses the services of volunteers in a number of ways;
-
To assist in raising the profile of the charity.
-
To assist with maintaining the records of the charity.
-
To assist with the development of the charity.
-
To maintain the buildings.
Achievements and Performance of the Charity
-The Charity continued to provide service and facilities for the Muslim Community in London Colney Area.
- -After school Islamic classes for the children in area.
Financial Review
During the year the charity's income was £29,807 and after expenditure of £34,750 the carry forward reserves stood at £53,051.
Reserves policy
The Trustees have resolved to establish over the next few years reserves to provide for future activities, and to provide funding for the expected expenditure for twelve months ahead.
Principal funding source
The principal income was generated from donations though the public in accordance with the objectives of the charity. The principal expenditure related to the provisions of prayer facilities and childrens Islamic education.
Plans for future periods
The Charity will also continue enhance building facility in delivering the aims and objectives of the Trust.
2
LONDON COLNEY ISLAMI CENTRE ST ALBANS
The report of the trustees for the year ended
31 December 2024
Structure, Governance and Management
Nature of the Governing Documents and constitution of the charity
The Charity is an unincorporated association governed by the constitution adopted 25 June 2000 as amended on 30 June 2004. Eligibility for membership of the charity, and membership of the board of trustees is governed by the constitution. There are no restrictions in the constituiton on the operation of the charity or on its investment powers, other than those imposed by general charity law.
Recruitment and appointment of new trustees
New Trustees are appointed by invitation based upon the specific requirements and the skill set needed by the charity to help advance the charitable objectives.
Induction and training of trustees.
We have at the moment no policy or procedure for the training of trustees, other than the "do's and don'ts" publication provided by the charity.
Organisational structure and management.
Trustees meet regularly on a monthly basis to discuss and plan objectives and implementation thereof. Matters of general concern are raised with all members. Day to day management and responsibility for implementing policies is carried out by trustees.
The Trustees undertake all final decisions with implementation being delegated amongst each other.
Membership of a wider network
The charity has no responsibility for nor is it answerable to any other organisation.
Related parties
Other than the Trustees and those persons connected with them there are no individuals who are related parties. Details of transactions with related parties are shown in the notes to the accounts. This includes remuneration and expenses paid to Trustees.
Risk Management
The trustees acknowledge their responsibilities for establishing a risk management system and satisfield that appropriate systems and procedures are under development and continue to keep the strategic, business and operational risk under review with view to intoducing, where necessary, additional procedures to mitigate these risks.
3
LONDON COLNEY ISLAMI CENTRE ST ALBANS
The report of the trustees for the year ended
31 December 2024
Statement of Trustees' Responsibilities
The Charities Acts require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
-
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner/ auditor in relation to the trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
This report was approved by the board of trustees on 27 October 2025
M A Lais Trustee
4
Independent Examiners Report on the Accounts
Report to the trustees/members of:
LONDON COLNEY ISLAMI CENTRE ST ALBANS
On accounts for the year ended: 31 December 2024 Charity no: 1105092 Set out on pages: 6 to 10
I report to the trustees on my examination of the accounts of the above charity for the year ended 31st December 2024.
Responsibilites and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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The accounting records were not kept in accordance with section 130 of the Charities Act; or
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The accounts did not accord with the accounting records; or
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The accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
M A Haque Bsc, MBA, FFA HA Accountants
HA Accountants 26 Leagrave Road Luton Beds LU4 8HZ
28 October 2025
5
LONDON COLNEY ISLAMI CENTRE ST ALBANS
Statement of Financial Activities For the Year Ended 31 December 2024
| Notes Income and Endownments from Donations and legacies 2 RESOURCES EXPENDED Cost of charitable activities Governance costs 3 Total funds carried forward Total incoming resources Total resources expended Net movement in funds Total funds brought forward |
Unrestricted funds Total Funds 2024 £ £ 29,807 29,807 29,807 29,807 34,750 34,750 0 0 34,750 34,750 (4,943) (4,943) 57,994 57,994 53,051 53,052 |
|---|---|
The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for of Accounting and Reporting issued by the Charity Commission for Engtand & Wales and is reconciled to the total funds as shown in the Balance Sheet on page7 as required by the said statement.
All activities derive from continuing operations
The notes on pages 8 to 10 form an integral part of these accounts
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LONDON COLNEY ISLAMI CENTRE ST ALBANS
BALANCE SHEET
As at 31 December 2024
| 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | £ | £ | |||||
| The assets and liabilities of the chartty: | |||||||
| Fixed Assets | |||||||
| Tangible assets | 5 | 187,172 | 192,483 | ||||
| Total fixed assets | 187,172 | 192,483 | |||||
| Current Assets | |||||||
| Cash at bank and in hand | 3,105 | 2,310 | |||||
| Creditors: amounts falling due | 3,105 —— |
2,310 SE |
|||||
| within one year Net Current Assets Total assets less current liabilities |
6 | (976) EE |
2,129 189,301 ee |
(549) Ee |
1,761 194,244 ee |
||
| Creditors: amounts falling due | |||||||
| after more than one year | 7 | (136,250) | (136,250) | ||||
| Total Net Assets | 53,051 ee |
57,994 ee —_ |
|||||
| The funds of the charity: | —_ | ||||||
| Unrestricted income funds | 8 | 53,051 | 57,994 | ||||
| Total charity funds | 53,051 ee |
57,994 ee —_ |
|||||
| —_ | |||||||
| Approved by the board of trustees on 27 October 2024 | Approved by the board of trustees on 27 October 2024 | ||||||
| Fy | fq | . | |||||
| M A Lais | |||||||
| Trustee |
The notes on pages 8 to 10 form an integral part of these accounts.
7
LONDON COLNEY ISLAMI CENTRE ST ALBANS Notes to the Accounts For the Year Ended 31 December 2024
1 Accounting policies
Statement of compliance
These accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)- (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
The Charity meets the definition of public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Exemption from preparing a cash flow statement
The Charity opted to early adopt Bulletin 1 published on 2 February 2016 and therefore not included a cash flow statement in these accounts.
Going concern
The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
Transition to FRS 102
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and Charities SORP FRS 102 a restatement of comparative items was required. No restatements are required as a result of the transition to FRS 102.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when Charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Going concern
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
EXPENDITURE AND LIABILITIES
Liability Recognition
Liabilities are recognised where it is more likely than not there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Governance costs
Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.
Fixed assets and depreciation
All tangible fixed assets are capitalised if they can be used for more than one year and are stated at cost less depreciation. Items of less than £1000 are not capitalised.
Depreciation has been provided at the following rates in order to write off the assets (less their estimated residual value) over their estimated useful economic lives.
Land & Buildings 2% straight line
A regular annual review of the likelihood of asset impairment is undertaken.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Funds stucture policy
The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment. Restricted funds can only be used for particular restricted purposes within the objects of the charity.
8
LONDON COLNEY ISLAMI CENTRE ST ALBANS Notes to the Accounts For the Year Ended 31 December 2024
| **2 ** | Incoming resources | 2024 |
|---|---|---|
| £ | ||
| Income Received | ||
| General Donations | 29,807 | |
| Grants | 0 | |
| 29,807 | ||
| **3 ** | Resources expended Charitable activities: Education Staff Cost Employers NIC |
2024 £ 14,093 0 |
| 14,093 | ||
| Premises Cost Rates Water Rates Light & Heat Repairs & Maintenance |
2,657 1,962 3,090 6,467 |
|
| 14,176 | ||
| Administrative expenses Telephone Insurance Depreciation |
165 1,004 5,312 |
|
| 6,481 | ||
| Others Sundry Expenses |
0 | |
| 0 | ||
| 34,750 | ||
| Governance costs: | ||
| Accountancy/ Internal Examiner | 0 | |
| **4 ** | Staff Costs and Emoluments Gross Salaries Employer's National Insurance |
2024 £ 14,093 0 |
| 14,093 | ||
| Numbers of full time employees or full time equivalents | 2024 | |
| £ | ||
| Engaged on charitable activities | 1 | |
| Administration | 0 | |
| There were no fees or other remuneration paid to the trustees | ||
| There were no employees with emoluments in excess of £60,000 per annum |
9
LONDON COLNEY ISLAMI CENTRE ST ALBANS Notes to the Accounts For the Year Ended 31 December 2024
5 Tangible fixed assets
| Freehold Property £ Asset cost, valuation or revalued amount At 1 January 2024 265,575 Additions 0 At 31 December 2024 265,575 Accumulated depreciation and impairment provisions At 1 January 2024 73,092 Charge for the year 5,312 At 31 December 2024 78,404 Net book value At 31 December 2023 192,483 At 31 December 2024 187,172 All assets are used for charitable purposes. |
Total £ 265,575 0 265,575 73,092 5,312 78,404 192,483 187,172 |
|---|---|
| 6 Creditors: amounts falling due within one year Trade creditors 7 Creditors: Amounts falling due after one year Loans- Qurze Hasna |
2024 £ 976 976 2024 £ 136,250 136,250 |
2023 £ 549 549 2023 £ 136,250 136,250 |
|---|---|---|
Qarze Hasna is unsecured and interest free money loaned to the charity by members of the public with no fixed repayment terms.
| 8 Analysis of the Net Movement in Funds Net movement in funds from Statement of Financial Activities Net movement in funds available for future activities 9 Net Assets by fund Unrestricted funds £ Tangible Fixed Assets 187,172 Current Assets 3,105 Current Liabilities (976) Long Term Liabilities (136,250) 53,051 |
Restricted funds £ - - - - 0 |
2024 £ (4,943) (4,943) Total Funds 2024 £ 187,172 3,105 (976) (136,250) 53,051 |
Total Funds 2023 £ 192,483 2,310 (549) (136,250) 57,994 |
|---|---|---|---|
10 Related Party Transactions
No fee or expenses were paid to trustees or persons connected with them
10