Registered Charity Number: 1109609 BEXHILL ISLAMIC ASSOCIATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 06 APRIL 2024 ## **Prepared By:** SF Accountant Limited Chartered Certified Accountants and Tax Advisors The Generator Business Centre, Unit 20 95 Miles Road, Mitcham, Surrey CR4 3FH Bexhill Islamic Association Financial Statements for the year ended 06 April 2024 ## **INFORMATION OF THE FINANCIAL STATEMENTS** ## **MANAGEMENT COMMITTEE** **Trustees:** Abul Kalam Azad – Chair Mohammed Zakir Hussain Azad Ahmedur Reja Chowdhury **Address** : 1 Clifford Road, Bexhill on Sea, TN40 1QA **Banker:** NatWest Bank Plc. ## **Independent Examiner:** SF Accountant Limited The Generator Business Centre Unit 20, 95 Miles Road, Mitcham, Surrey CR4 3FH 2 Financial Statements for the year ended 06 April 2024 ## Bexhill Islamic Association |**CONTENTS**|**Page**| |---|---| |Report of the Executive Committee|4| |Independent Examiner's Report|6| |Income and Expenditure Accounts|8| |Statement of Assets and Liabilities|9| |Notes to the Accounts|10| 3 Bexhill Islamic Association Financial Statements for the year ended 06 April 2024 ## **Trustees' Annual Report** ## **Background** Bexhill Islamic Association was founded in 2002 to serve the Muslim Community of Bexhill and surrounding areas of Rother district in the county of East Sussex in United Kingdom. We first held the congregational Jumuah prayers on 7[th] January 2003 by hiring the local scout hall in Buckhurst Road. Alhamdulillah, by the Grace of Almighty Allah, the number of worshippers at Salat-ul-Jumuah has increased since we started. The constitution approved by the community was registered with the Charity Commission for England and Wales who confirmed our charitable status with effect from 23 May 2005. From the outset our community had a clear vision to establish a local mosque and an Islamic cultural centre to enable us to hold five daily congregational prayers. In the absence of a permanent place the community has not been able to do this. The management made a number of enquiries to locate a piece of land or a suitable property for the proposed Masjid/community centre. The demand of an Islamic Centre in the Bexhill area had been put forward to Rother District Council in the past at a number of meetings. ## **Governance and Management** The charity is operated under the rules of its constitution adopted 16[th] May 2004, amended 25[th] November 2012, with further amendments 8[th] June 2014. Trustees are elected according to the provisions laid out in the constitution. ## **Objects** - a) The advancement of Islamic Religion - b) To provide proper facilities (mosque) for congregational prayers for men and women - c) To provide community centre for Islamic education for adults and children - d) The relief of poverty hardship and distress ## **Summary of the main activities undertaken for the public benefit** - a) To provide proper facilities for congregational prayers for men and women - b) To provide and maintain a Mosque and Community Centre for Islamic education for children and adults - c) To establish and maintain an Islamic library - d) To preserve the Islamic culture and tradition in accordance with the Qur’an and the practice of the prophet Muhammad (peace and blessings of Allah be upon him) - e) To provide religious support for funeral and burial services and to organise Eid festivals, marriage and other religious ceremonies - f) To co-operate and co-ordinate with other Islamic organisations who have similar aims and objectives 4 Bexhill Islamic Association Financial Statements for the year ended 06 April 2024 - g) To arrange lectures, meetings and seminars in the nature of religious and Islamic Education - h) To promote facilities for the benefit of individuals in the advancement of education and leisure time activities Signed on behalf of the charity's trustees: on 06/02/2025 Abul Kalam Azad-Chair Mohammed Zakir Hussain Azad 5 Bexhill Islamic Association Financial Statements for the year ended 06 April 2024 ## **Independent Examiner's report to the trustees** ## Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”). The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed _._ It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and to state whether particular matters have come to my attention ## Basis of independent examiner’s statement My examination was carried out in accordance with 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 evidence that would be required in an audit, and consequently 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. ## Basis of independent examiner’s statement My examination was carried out in accordance with 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 evidence that would be required in an audit, and consequently 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 examiner's statement In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the - Charities Act; or - the accounts did not accord with the accounting records; or - 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 6 Bexhill Islamic Association Financial Statements for the year ended 06 April 2024 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. Signed: …........................................... Date: 06/02/2025 Mr. M M Hossain Member of Association of Accounting Technicians Senior Partner & Director SF Accountant Limited Unit 20, 95 Miles Road Mitcham, CR4 3FH 7 ## Bexhill Islamic Association Financial Statements for the year ended 06 April 2024 ## **INCOME AND EXPENDITURE ACCOUNT** |**Receipts**
**Un-restricted**
**£**
**Restricted**
**£**
Donation received
18,589
-
Friday collection
-
-
Rental income
14,940
-
**Total**
**33,529**
**-**
**Less: Payments**
Wages
7,545
-
Light & heat
6,865
-
Water
2,004
-
Bank charges
-
-
Card machine charges
216
-
Telephone & internet
354
-
Insurance
2,843
-
Legal costs
-
-
Printing and stationery
TV appeal
-
-
-
-
Repairs
Accountancy
28
150
-
-
Sundry
1,376
-
**Total**
**21,381**
**Excess of Income over**
**Expenditure**
**12,148**
**-**|**2024**
**£**
18,589
-
14,940
**33,529**
7,545
6,865
2,004
-
216
354
2,843
-
-
-
28
150
1,376
**21,381**
**12,148**|**2023**
**£**
53,507
9,378
10,140
**73,025**
13,960
5,468
1,310
-
198
279
643
750
9
-
-
150
941
**23,708**| |---|---|---| |||**43,317**| 8 Financial Statements for the year ended 06 April 2024 ## Bexhill Islamic Association ## **STATEMENT OF ASSETS AND LIABILITIES** |**NOTE**
**Fixed Assets**
Land & Building
2
**Current Assets**
Cash at Bank
**Current Liabilities**
Amount failing due within one year
**Net Current Assets**
**Creditors**
Amount failing due after more than one year
3
**Net Assets**
**Funds:**
Reserve B/FWD
Movement
Surplus

**Total Funds**|**2024**
**£**
397,364
1,219
-
**13,219**
-
**398,583**
398,435
(12,000)
12,148
**398,583**|**2023**
**£**
397,364
1,071
-
**1,071**
-
**398,435**| |---|---|---| |||349,118
49,317
**398,435**| Signed on behalf of the charity's trustees on 06/02/2025 Abul Kalam Azad-Chair Mohammed Zakir Hussain Azad 9 Bexhill Islamic Association Financial Statements for the year ended 06 April 2024 ## **FOR THE YEAR ENDED 06 April 2024** ## **NOTES TO THE ACCOUNTS** ## **1. ACCOUNTING POLICIES** The financial statements have been compiled in accordance with the general directions given by the Charity Commission and with the Statements of recommended Practice. ## **a. Basis of Accounting** The accounts have been prepared under the historical cost convention of accounting. ## **b. Grants** Revenue grants are credited to the Income and Expenditure account on a receivable basis. ## **c. Donations** Donations are recorded on a receipt basis. ## **d. Depreciation** No Depreciation to be charged on Fixtures and Fittings and Building Construction. **2. Land & Building:** The building at 1 Clifford Road, Bexhill-On-Sea TN40 1QA has been bought on behalf of Bexhill Islamic Association by London Iqra Academy. An agreement is in place between the two parties detailing the repayment schedule. When all repayments have been made, the property will be transferred into the ownership of Bexhill Islamic Association. **3. Trustees' remuneration:** Trustees' have not received any remuneration or benefits during the period. 10