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← Swansea Mosque And Islamic Community Centre

2024-03-31-accounts

Annual Report - December 2024 Registered charity in England and Wales (1105355)

Board of Trustees (BoT)

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Your Board of
Trustees has overall
responsibility for the
Shahab Mohammod Syed Mohammed
Ali Hasan Miah Shadi Latif Motin Khan
strategic leadership,
Senior
Vice-chair Citizen
Chair & Treasurer Secretary Liaison governance and
Advisor appropriate controls
for your masjid (the
charity).
Mohammed Eqbal Hussain Samad Uz Sirajul
Lala Miah Miah Zaman Islam
Senior Young People Young People Events &
Citizen
Liaison Liaison Liaison Programme
Advisor Advisor Advisor Advisor
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Review of our charity structure

Roadmap: our CIO transition

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AGM 2023
Review Assign Transfer
existing professional Members assets and
charity and legal consultation liabilities to
structure advisors and feedback the new CIO
Safeguard Compile CIO Register CIO Operate all
the charity by governing with Charity services
evaluating document Commission under new
alternative CIO, fully
replacing the
charity trust
We are here
AGM 2024
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Management Committee (MC) elections

The Board of Trustees will arrange to hold the next Management Committee (MC) election in Autumn 2025 (October/November 2025).

Management Committee (MC)

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Koddus Khalid Souiful Azom
Ali Hussain Alam Miah
Chair Vice-chair Secretary Treasurer
Shahamran Mohammed Farid Abdullah
Miah Al-Imran Ali Zunaid
Education Technology, Facilities Events &
Audio & Media Programme
Officer Coordinator Manager Coordinator
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Your Management Committee are responsible for maintaining security and the day-to-day management of all services of your masjid (the charity).

MC Update

CORE SERVICES & FACILITIES Continue to improve our core services and facilities to
ensure it continually meets the needs and demands of our
members and our growing community.
MADRASAH Continue to modernise our Madarasah system and syllabus,
equip teachers with advanced training and provide better IT
facilities and digital learning tools for our students.
YOUTH ENGAGEMENT Increase youth engagement through structured classes,
games, activities and trips.
SISTERS ENGAGEMENT Organise structured classes and activities in line with the
needs of our sisters.
RESIDENTIAL FLATS Continue to work with the Contractors to complete the
project and commission the flats for rental.
REVIEW POLICIES &
PROCEDURES		 To ensure we continue to be legally compliant.

Facilities upgrade & development

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New External Signs Playground New Klix Machine With
Contactless Payment
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Facilities upgrade & development

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Window Protection Wheelchair Lift Sports Nets
Sports Hall
upgrade
funded by
Cricket
Wales
Sports Lighting Storage Facility
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Facilities upgrade & development

WORKS IN PROGRESS

PLANNED WORKS

Residential development project

WORKS COMPLETED TO DATE:

Residential development project Works completed to date

Bathroom

Living Space/Kitchen

Bedroom with balcony

Residential development project Flats nearing completion

Kitchen

Bedroom Living Space

Residential development project Installation of the permanent access staircase

Ground Floor to Top Floor View

Top Floor View

Residential development project Installation of the permanent access staircase

Ground Floor to First Floor View

Second Floor View

Madrasah Update

Madrasah Update

Enrolment to be conducted three times a year (Sept, January and April)

Academic Review Day (ARD) Changing to three this year

Key assessment each half term with MCQ assessment after 3 weeks, followed by an end of year exam

Class location re-restructured and Fire Drills twice a year

Implementation of Tajweed month in the summer term last year from year 6 and above

Maintain Quality & Standards

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5 half termly
assessment and end
of year exam.
Formal lesson
observations by the
management team
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Thematic
observations
including book check,
diary monitoring,
uniform etc.
Internal staff Tajweed
and recitation
assessment
conducted by Mufti
Eunus
Headteacher available
both session
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Individual target
setting and
monitoring each term
Performance
Management Review
(PMR)
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Staff Training & Development 2023-2024

Lesson planning by Aled Evans (Olchfa school)

Prophetic teaching by Shiekh Rizwan

Online training with Safar publication

Basic life-saving course for new staff

3 weeks summer Tajweed course

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Careers
Fair
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Events, programmes & activities update

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Youth Subcommittee
& Sisters
Subcommittee
Report
Halaqahs & Courses
Inspirational Talks Provided By Our
Imans
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FOOD BANK

“And they give food in spite of love for it to the needy....” (Surah Al -Insaan)

Our foodbank provides service users with pre-packed boxes/bags of necessary food and other essential items to last up to two weeks

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Total Average Total service
Voucher Users Per
Received Week users
3425
962 75
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We have seen the demand for our service increase compared to previous years. During the month of Ramadan, Swansea Mosque distributed 30 family packages

This would not have been possible without the support from our key partners, Local Authority, Fareshare, SCVS and our local community members

Welsh Baccalaureate Volunteers achieve accreditation

Charity registration number: 1105355

Swansea Mosque and Islamic Community Centre

Annual Report and Financial Statements for the Year Ended 31 March 2024

K B Ferguson Ltd T/A Fergusons & Peters Chartered Accountants 4 High Street Pontardawe Swansea SA8 4HU Chartered Accountants

Swansea Mosque and Islamic Community Centre

Contents (continued)

Contents (continued)
Reference and Administrative Details 1
Trustees' Report 2
Statement of Trustees' Responsibilities 3
Independent Examiner's Report 4
Balance Sheet 5
Notes to the Financial Statements 6 to 13

Swansea Mosque and Islamic Community Centre

Reference and Administrative Details

Chairman

Mr Shahab Ali

Charity Registration Number

1105355 Principal Office

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159a St Helen's Road Swansea SA1 4DG

Independent Examiner

K B Ferguson Ltd T/A Fergusons & Peters Chartered Accountants 4 High Street Pontardawe Swansea SA8 4HU

Page 1

Swansea Mosque and Islamic Community Centre

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2024.

Objectives and activities

Public benefit

Activities undertaken to further public benefit

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 guidance published by the Charity Commission for England and Wales.

Structure, governance and management Financial instruments

Objectives and policies

The charity’s activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.

Cash flow risk

The charity’s activities expose it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exposures.

Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows.

Credit risk

The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments. The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows.

The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies.

The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.

Liquidity risk

In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and short-term debt finance. Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements.

Page 2

Swansea Mosque and Islamic Community Centre

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees 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 responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the trustees of the charity on ………………….. and signed on its behalf by:

......................................... Mr Shahab Ali

Chairman

Page 3

Swansea Mosque and Islamic Community Centre

Independent Examiner's Report to the trustees of Swansea Mosque and Islamic Community Centre

I report to the trustees on my examination of the accounts of Swansea Mosque and Islamic Community Centre for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity trustees of Swansea Mosque and Islamic Community Centre 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 Swansea Mosque and Islamic Community Centre'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

Since Swansea Mosque and Islamic Community Centre's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of Swansea Mosque and Islamic Community Centre as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting 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.

...................................... D Beniamous FCCA For and on behalf of Fergusons & Peters Chartered Accountants

4 High Street Pontardawe Swansea SA8 4HU

……………………………..

Page 4

Swansea Mosque and Islamic Community Centre

(Registration number: 1105355) Balance Sheet as at 31 March 2024

2024
2023
Note £
£
Fixed assets
Tangible assets
8		 668,043
663,400
Current assets
Cash at bank and in hand
9		 25,307
19,945
Creditors: Amounts falling due within oneyear
10
(1,240)
(1,200)
Net currentassets
24,067
18,745
Total assets less current liabilities
692,110
682,145
Creditors: Amounts falling due after more than oneyear
11
(78,500)
(99,500)
Netassets
613,610
582,645
Funds of the charity:
Unrestricted income funds
Unrestricted funds 613,610
582,645
Total funds
12
613,610
582,645

The financial statements on pages 5 to 13 were approved by the trustees, and authorised for issue on

…………………... and signed on their behalf by:

......................................... Mr Shahab Ali Chairman

The notes on pages 6 to 13 form an integral part of these financial statements. Page 5

Swansea Mosque and Islamic Community Centre

Notes to the Financial Statements for the Year Ended 31 March 2024

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Swansea Mosque and Islamic Community Centre meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Page 6

Swansea Mosque and Isamic Community Centre

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Page 7

Swansea Mosque and Islamic Community Centre

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Page 8

Swansea Mosque and Islamic Community Centre

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

Debt instruments

Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:

(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.

(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.

(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).

(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.

(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.

(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).

Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.

With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.

Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.

Investments

Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.

Page 9

Swansea Mosque and Islamic Community Centre

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

Derivative financial instruments

The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes.

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship.

Fair value measurement

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

2 Income from charitable activities

2
Income from charitable activities
Unrestricted funds Total
General Other 2024
£ £ £
Madrasah Donations 88,008 - 88,008
Community Centre Donations 201,664 - 201,664
Gift Aid Tax reclaimed 12,288 - 12,288
Grants 154,000 - 154,000
Rental income - 24,000 24,000
Food Bank Donations - 5,033 5,033
FacilityHire & Others - 4,333 4,333
455,960 33,366 489,326
Unrestricted funds Total
General Other 2023
£ £ £
Madrasah Donations 74,066 - 74,066
Community Centre Donations 166,400 - 166,400
Gift Aid Tax reclaimed 14,974 - 14,974
Grants 138,112 - 138,112
Rental income - 24,000 24,000
393,552 24,000 417,552

3 Net incoming/outgoing resources

Net incoming resources for the year include:

Net incoming resources for the year include:
2024
2023
£
£
Depreciation of fixed assets 4,243
2,696

Page 10

Swansea Mosque and Islamic Community Centre

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

4 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

5 Staff costs

The aggregate payroll costs were as follows:

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

charity during the year expressed as full time equivalents was as follows:
2024
2023
No
No
Charitable activities 23
15

No employee received emoluments of more than £60,000 during the year

No employee received emoluments of more than £60,000 during the year
6
Independent examiner's remuneration
2024
2023
£
£
Examination of the financial statements
1,410
1,380

Page 11

Swansea Mosque and Islamic Community Centre

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

7 Taxation

The charity is a registered charity and is therefore exempt from taxation.

8 Tangible fixed assets

Land and Furniture and
buildings equipment Total
£ £ £
Cost
At 1 April 2023 655,311 55,855 711,166
Additions - 8,886 8,886
At 31 March 2024 655,311 64,741 720,052
Depreciation
At 1 April 2023 - 47,766 47,766
Charge for theyear - 4,243 4,243
At 31 March 2024 - 52,009 52,009
Net book value
At 31 March 2024 655,311 12,732 668,043
9 Cash and cash equivalents
2024 2023
£ £
Cash at bank 22,350 17,995
Other cash and cash equivalents 2,957 1,950
25,307 19,945
10 Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 1,240 1,200
11 Creditors: amounts falling due after one year
2024 2023
£ £
Qarde Hasana 78,500 99,500
12 Funds

Page 12

Swansea Mosque and Islamic Community Centre

Notes to the Financial Statements for the Year Ended 31 March 2024 (continued)

Balance at 1
April 2023
Incoming
resources
Resources
expended
Balance at 31
March 2024		 Balance at 1
April 2023
Incoming
resources
Resources
expended
Balance at 31
March 2024

£
£

£
£
General
Unrestricted Funds
582,645
489,326
(458,361)
613,610
Balance at 1
April 2022
Incoming
resources
Resources
expended
Balance at 31
March 2023

£
£

£
£
General
Unrestricted Funds
548,485
417,552
(383,392)
582,645
13
Analysis of net assets between funds
Unrestricted
Total funds at 31
funds
March
General
2024
£
£
Tangible fixed assets 668,043
668,043
Current assets 25,307
25,307
Current liabilities (1,240)
(1,240)
Creditors over 1year (78,500)
(78,500)
Total net assets
613,610
613,610
Unrestricted
Total funds at 31
funds
March
General
2023
£
£
Tangible fixed assets 663,400
663,400
Current assets 19,945
19,945
Current liabilities (1,200)
(1,200)
Creditors over 1year (99,500)
(99,500)
Total net assets
582,645
582,645

Page 13

Swansea Mosque and Islamic Community Centre

Detailed Statement of Financial Activities for the Year Ended 31 March 2024

Total
Total
2024
2023
£
£
Income and Endowments from:
Donations and legacies (analysed below) 455,960
393,552
Other income(analysed below) 33,366
24,000
Total income
489,326
417,552
Expenditure on:
Charitable activities(analysed below) (458,361)
(383,392)
Total expenditure
(458,361)
(383,392)
Net income
30,965
34,160
Net movement in funds
30,965
34,160
Reconciliation of funds
Total funds brought forward
582,645
548,485
Total funds carried forward
613,610
582,645

This page does not form part of the statutory financial statements.

Page 14

Swansea Mosque and Islamic Community Centre

Detailed Statement of Financial Activities for the Year Ended 31 March 2024 (continued)

Total Total
2024 2023
£ £
Donations and legacies
Madrasah Income 88,008 74,066
Community Centre Donations 201,664 166,400
Gift Aid 12,288 14,974
Grants received 154,000 138,112
455,960 393,552
Other income
Rental income 24,000 24,000
Food Bank Donation 5,033 -
FacilityHire & Others 4,333 -
33,366 24,000
Charitable activities
Wages and salaries (145,856) (103,651)
Staff pensions (Defined contribution) - pension scheme 1 (1,658) (1,344)
HMRC (5,133) -
Staff training (300) (250)
Rates and Water rates (8,596) (3,900)
Light, heat and power (19,165) (21,552)
Insurance (8,743) (7,878)
Repairs and maintenance (161,837) (112,052)
Radio replacements and maintenance (3,020) (3,174)
Residential flats development (43,320) (85,321)
Telephone (1,361) (1,156)
Computer software and IT Costs - (5,388)
Printing, postage and stationery (5,643) (3,924)
ICO charges (40) (40)
Charitable donations - CAP Foundation (3,045) (2,741)
Vending machine rental (coffee machine) (597) (738)
Coffee machine refreshments (735) (1,481)
Youth Club & Madrasah (11,789) -
Sundry expenses (3,127) (2,247)
Cleaning products (8,414) (4,471)
Ramadan Expenses (16,088) (12,597)
Foodbank Purchase (2,156) (3,009)
Bank charges (590) (894)
Loyalty reward from bank 65 92
Depreciation of plant and machinery (3,018) (1,062)

This page does not form part of the statutory financial statements.

Page 15

Swansea Mosque and Islamic Community Centre

Detailed Statement of Financial Activities for the Year Ended 31 March 2024 (continued)

Total
Total
2024
2023
£
£
Depreciation of fixtures and fittings (1,225)
(1,634)
Accountancy fees (1,410)
(1,380)
Legal andprofessional fees (1,560)
(1,600)
(458,361)
(383,392)

This page does not form part of the statutory financial statements. Page 16