**Registered Charity Number: 1109296**
## **EDGWARE MUSLIM COMMUNITY CENTRE**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 NOVEMBER 2024**
**ASAD RAHIM & CO. Chartered Certified Accountants 8 Park Way Edgware Middlesex HA8 5EZ**
## **EDGWARE MUSLIM COMMUNITY CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMEBR 2024**
The trustees present their annual report and financial statements for the year ended 30 November 2024 and confirm that they comply with the Charities Act 2011 and Accounting and Reporting by charities SORP applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
## **Boar of Trustees**
Mr Mayeen Uddin Ahmed Mr Mizanur Rahman Mr Abdul Aziz Mr Hussain Ahmed Mr Misbabul Bor
## **Charity Registration Number: 1109296**
## **Address:**
48 High Street Edgware Middlesex HA8 7EQ
## **Contact:**
Mr Mayeen Uddin Ahmed
## **Governing Document**
Edgware Muslim Community Centre is constituted as a charity and registered with the Charity Commission on 3 May 2005. The constitution was adopted on 25 March 2005 and amended on 7 September 2012.
## **Aims and Objectives**
- The advancement of the religion of Islam in accordance with the tenets and doctrines of religion of Islam.
- The advancement of education of Muslim children in accordance with the tenets and doctrines of the religion of Islam.
- The relief of such members of the Muslim community who are poor and needy
- Arrange prayer facilities for the local Muslim community.
## **Structure of the Organisation**
The charity's trustees are responsible for management of the charity. The trustees give their time freely and receive no remuneration or any other financial benefits. The trustees meet together as a body on a regular basis and are responsible for making decision in relation to running of the organisation effectively. The trustees have set up a managing committee for the smooth running of the charity and to maintain its day to day finances.
The existing trustees are responsible for appointment of new trustees but they consider nominations only recommended by the local community leaders as well as by the managing committee. The trustees believe this method is very effective way to build strong relationship between the charity and the local community where the charity operates.
## **Risk Management**
The trustees have assessed the risks the charity faces and review these risks regularly at their meeting and confirm that systems are in place in order to manage these risks and necessary steps can be taken to manage the risks that have been identified.
## **Financial Review and Investment Policy**
The charity no long term investment. The charity’s cash are held in UK bank current accounts.
## **Trustees Responsibilities to the Financial Statements**
The charity’s trustees are responsible for preparation of financial statements in accordance with applicable law to charities in England and Wales which gives true and fair view of the state of affairs of the charity during the financial year. In preparing the financial statements, the trustees are required to:
- Select suitable accounting policy and the apply them consistently;
- follow the methods and principles in the Charities SORP;
- make judgments and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees on 25 March 2025 and signed on their behalf by:
**Mayeen Uddin Ahmed Chair of Trustees**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES / MEMBERS OF EDGWARE MUSLIM COMMUNITY CENTRE**
We report on the accounts of Edgware Muslim Community Centre for the year ended 30 November 2024, which are set out on pages 4 to 7.
## **Respective Responsibilities of Trustees and Examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under Section 144 of the charities Act 2011 (the Act) and that an independent examination is needed.
It is our responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the General Directions give by the Charity Commission (under section 145(5)(b) of the Charities Act), and
- to state whether particular matters have come to our attention.
## **Basis of Independent Examiners' Statement**
Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evedience that would be required in an audit, and cosequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.
## **Independent Examiners' Statement**
In connection with our examination, no matter has come to our attention:
- (1) which gives us reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act ; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understading of the accounts to be reached.
## **Asad Rahim & Co.**
Chartered Certified Accountants
8 Park Way Edgware Middlesex HA8 5EZ
## **25 March 2025**
## **EDGWARE MUSLIM COMMUNITY CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2024**
|**EDGWARE MUSLIM COMMUNITY CENTRE**
**STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 30 NOVEMBER 2024**||
|---|---|
|**Incoming Resources**
Donations and Subcriptions
Charitable Donations
**Total Incoming Resources**
**Resources Expended**
Business Rates
Staff Wages
Insurance
Light and Heat
Charitable Donations
Telephone and Internet
Repairs and Maintenance
Bank Charges
General Expenses
Net Movements in Funds
Total Funds Brought Forward|**Unrestricted**
**Restricted**
**Total Funds Total Funds**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
103,127
103,127
103,307
1,925
1,925
10,000|
||103,127
1,925
105,052
113,307|
||9,653
9,653
7,298
23,898
23,898
23,467
1,411
1,411
1,379
11,072
11,072
11,890
11,626
11,626
6,465
822
822
845
17,468
17,468
31,766
382
382
410
1,120
1,120
145|
||77,452
-
77,452
83,665|
||25,675
1,925
27,600
29,642
1,159,959
3,535
1,163,494
1,130,317|
||1,185,634
5,460
1,191,094
1,159,959|
There were no recognised gains and losses for the year other than stated in the statement of financial activities above. All incoming resources expended derived from continuing activities.
## **EDGWARE MUSLIM COMMUNITY CENTRE BALANCE SHEET AS AT 30 NOVEMBER 2024**
|**Note**
**Fixed Assets**
Tangible Assets
2
**Current Assets**
Debtors
Cash at Bank and in Hand
**The Charity's Fund**
Unrestricted General Funds
3|20,000
201,723|**2024**
965,836
221,723|40,000
154,123|**2023**
965,836
194,123|
|---|---|---|---|---|
||||||
|||1,187,559||1,159,959|
|||1,187,559||1,159,959|
|||1,187,559||1,159,959|
Approved by the trustees and signed on their behalf by:
**Mayeen Uddin Ahmed Chair of Trustees**
**25 March 2025**
**EDGWARE MUSLIM COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024**
## **1. Accounting Policies**
## **1.1 Basis of Accounting**
The financial statements 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) Charities SORP 2015, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The charity meets the definiton of a public benefit entity under FRS 102. Assets and liabilities are recognised at historical cost or transaction value unless otherwise stated in the financial statements.
## **1.2 Going Concern**
The trustees consider the charity has adequate resources to continue in operation in the foreseeable future, including the next 12 months from the date of signing these financial statements. The trustees also consider that the existing would allowthe charity to meet its obligation and debt as they fall due and accordingly the financial statements have been prepared on a going concern basis.
## **1.3 Incoming Resources**
Unrestricted funds are those are received by way of donations at their own discretion and the trustees are free to use these funds for any purpose in advancement of the charity and charitable objects.
Restricted funds are those to be used in accordance with specific restrictions imposed by the donor and for the purpose which donation was collected.
## **1.4 Resources Expended**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. All expenditures are taken into consideration on an accruals basis and have been classified under appropriate heading in the statement of financial activities.
## **1.5 Value Added Tax**
Value added tax is not recoverable by the charity and charged against the category of the resources expended for which it was incurred.
## **1.6 Tangible Fixed Assets and Depreciation**
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided to write off cost of the asset over its expected useful life. The following rates apply:-
Fixtures and Equipment
-
10% straight line
## **EDGWARE MUSLIM COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024**
|**2. Fixed Assets: Tangible Assets**
**Cost**
Balance Brought Forward
**Depreciation**
Balance Brought Forward
Charge for year
**Net Book Value**
At 30 November 2024
At 30 November 2023
**3. The Charity's Fund**
Balance Brought Forward
Add: Income
Less: Expenses|Fixtures &
Land &
Equipment
Building
3,495
965,831|Total
969,326|
|---|---|---|
||3,495
965,831|969,326|
||3,490
-
-
-|3,490
-|
||3,490
-|3,490|
||5
965,831|965,836|
||5
965,831|965,836|
||**2024**
1,159,959
105,052
1,265,011
(77,452)
1,187,559|**2023**
1,130,318
113,307|
|||1,243,625
(83,666)|
|||1,159,959|