REGISTERED CHARITY NUMBER: 1110910
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 July 2020
for
Madina Mosque Cardiff
M Raza & Co. Chartered Certified Accountants 166 Whitchurch Road Cardiff CF14 3NA
Madina Mosque Cardiff
Contents of the Financial Statements for the Year Ended 31 July 2020
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 11 |
| Detailed Statement of Financial Activities | 12 | to | 13 |
Madina Mosque Cardiff
Report of the Trustees for the Year Ended 31 July 2020
The trustees present their report with the financial statements of the charity for the year ended 31 July 2020. The trustees have adopted the provisions of 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 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
(1) To advance the religion of Islam for the benefit of the public through the holding of prayer meeting, lectures, public celebration of religious festivals, the provision and maintenance of places of public religious worship by persons professing the religion of Islam, the provision and maintenance of religious and educational centres and other places of study, the provision and maintenance of cemeteries and burial places for the burial in accordance with Islamic rites of persons professing the religion of Islam, producing and/or distributing literature on Islamic belief and practice to help enlighten others about the religion of Islam.
(2) To preserve and protect health and relieve poverty, distress, sickness and infirmity amongst persons resident within wales without distinction of sex or of political or religious opinions or of racial ethnic or national origins.
(3) The promotion of equality and diversity for the benefit of the public by promoting the elimination of discrimination on the grounds of race, religion and disability or ethnic origin.
Significant activities
(1) To advance the religion of Islam for the benefit of the public by holding congregational prayers and religious lectures for the public.
(2) To provide facilities for the Islamic educational activities for the children.
(3) To provide funeral services to the community.
Page 1
Madina Mosque Cardiff
Report of the Trustees for the Year Ended 31 July 2020
FINANCIAL REVIEW
The Charity's reserve policy is to keep sufficient reserves to cover six months of unrestricted charitable expenses. Specific restricted reserves are held to cover specific projects such as Zakat fund and construction project. In case of a shortfall the Trustees have given the undertaking to meet the Charity's day to day expenses by themselves.
Fundraising is through public and members donations. Funds were raised for the construction of temporary steel structure building for the Mosque during the year.
Key objectives of the Charity
Charity's key objectives are to provide a place for worship and teaching facilities to the public, which were met during the year.
Investment policy and objectives
The Management Committee has power to borrow money and to make investments in a transparent manner to achieve and enhance the charitable objectives of the Charity and managing the financial affairs of the Charity.
Additional information
-
Cost of the New Mosque Building as at the Year End was £883,873, which has been shown in the statement of Assets & Liabilities. Further construction of the building is on hold due to insufficient funds. Plans are provisionally drawn with costings. The mosque has also been working with an architect to prepare the plans. The new mosque will be build in stages as there is not enough funds to complete the whole project. The cost of the entire project is expected to be in the region of £3.5 million. Fundraising will be done on a staged basis from the local and wider community. Pre-planning application has been submitted to the council from which they have come back and requested some amendments, upon completion we will be ready to apply for full planning permission.
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Mosque activities continues to be carried out from the temporary building until construction is completed.
-
The mosque also continues to provide funeral services to the wider community, which has benefitted the community at large. The trustees have agreed to provide funeral services to the community at a significantly reduced cost for the benefit of the community.
-
The educational programme has been making good progress with increasing attendees for both children classes and adults events.
-
We have also made progress with online content and the increased use of social media during the year.
-
Due to Covid the mosque was shut for a period of time and fundraising along with activities ceased which resulted in reduced donations this year. The mosque has in place safety measures to prevent Covid such as social distancing, temperature checking and masks.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Constitution and rules adopted 17 November 2004 as amended 31 July 2005
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1110910
Principal address
Lucas Street Cardiff CF24 4NZ
Page 2
Madina Mosque Cardiff
Report of the Trustees for the Year Ended 31 July 2020
Trustees
The trustees who served during the year were as follows:-
| Javed Iqbal | Chair | Appointed Chair 6 September 2019 |
|---|---|---|
| Appointed 31 January 2016 | ||
| Mohammed Humayun Naseer | Secretary | Appointed 2 January 2020 |
| Mohammad Ilyas | Treasurer | Appointed 25 July 2015 |
| Irfan Ul Haque | Trustee | Appointed 25 January 2016 |
| Muhammed Imran Latif | Trustee | Appointed 1 May 2018 |
| Shahid Saleem | Trustee | Appointed 25 January 2016 |
| Khalid Javaid | Trustee | Appointed 1 August 2017 |
| Farooq Khalid | Trustee | Appointed 25 January 2016 |
| Mohammed Afzal | Trustee | Appointed 25 July 2015 |
| Qasam Shad | Trustee | Appointed 29 August 2016 |
| Mohammad Parvaiz | Trustee | Appointed 2 January 2020 |
Independent Examiner
M Raza & Co. Chartered Certified Accountants 166 Whitchurch Road Cardiff CF14 3NA
22 Dec 2021 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
Javaid Iqbal ..............................................................................
Javed Iqbal - Trustee
Page 3
Independent Examiner's Report to the Trustees of Madina Mosque Cardiff
Independent examiner's report to the trustees of Madina Mosque Cardiff
I report to the charity trustees on my examination of the accounts of Madina Mosque Cardiff (the Trust) for the year ended 31 July 2020.
Responsibilities and basis of report
As the charity trustees of the Trust 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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACCA 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:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do 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.
ACCA M Raza & Co. Chartered Certified Accountants 166 Whitchurch Road Cardiff CF14 3NA
Date: .............................................
Page 4
Madina Mosque Cardiff
Statement of Financial Activities for the Year Ended 31 July 2020
| Notes INCOME FROM Donations 2 EXPENDITURE ON Raising funds 3 Charitable activities 4 Costs associated with charitable activites Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds £ 365,267 201,826 225 202,051 163,216 490,132 653,348 |
Restricted fund £ 6,320 6,320 - 6,320 - 1,164,296 1,164,296 |
31.7.20 Total funds £ 371,587 208,146 225 208,371 163,216 1,654,428 1,817,644 |
31.7.19 Total funds £ 416,815 120,627 - 120,627 296,188 1,358,240 1,654,428 |
|---|---|---|---|---|
The notes form part of these financial statements
Page 5
Madina Mosque Cardiff
Balance Sheet 31 July 2020
| Notes FIXED ASSETS Tangible assets 8 CURRENT ASSETS Debtors 9 Cash at bank and in hand CREDITORS Amounts falling due within one year 10 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted funds £ 215,031 810 439,194 440,004 (1,687) 438,317 653,348 653,348 |
Restricted fund £ 1,070,873 - 93,423 93,423 - 93,423 1,164,296 1,164,296 |
31.7.20 Total funds £ 1,285,904 810 532,617 533,427 (1,687) 531,740 1,817,644 1,817,644 653,348 1,164,296 1,817,644 23 Dec 2021 |
31.7.19 Total funds £ 1,285,115 810 368,978 369,788 (475) 369,313 1,654,428 1,654,428 490,132 1,164,296 1,654,428 |
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
Javaid Iqbal
............................................. Javed Iqbal - Trustee
............................................. Mohammed Ilyas - Trustee
............................................. Qasam Shad - Trustee
The notes form part of these financial statements
Page 6
Madina Mosque Cardiff
Notes to the Financial Statements for the Year Ended 31 July 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
2. DONATIONS
| Charity appeals Property purchase donations General donations Tuition fees Charity boxes Membership fees Zakat Tuition fees Gift aid Funeral donations & services New Mosque build Eid collections Grants Food banks Insurance claim |
31.7.20 £ 6,317 - 69,604 - 10,134 60 745 10,590 29,853 226,066 - 5,632 3,068 1,045 8,473 371,587 |
31.7.19 £ 21,150 11,700 199,983 17,726 4,105 - 4,180 - 10,251 97,375 41,145 - 9,200 - - 416,815 |
|---|---|---|
continued...
Page 7
Madina Mosque Cardiff
Notes to the Financial Statements - continued for the Year Ended 31 July 2020
3. RAISING FUNDS
Raising donations and legacies
| Raising donations and legacies | ||
|---|---|---|
| 31.7.20 | 31.7.19 | |
| £ | £ | |
| Expenses | 208,146 | 120,627 |
4. CHARITABLE ACTIVITIES COSTS
| Costs associated with charitable | activites | Support costs (see note 5) £ 225 |
|||
|---|---|---|---|---|---|
| SUPPORT COSTS | |||||
| Raising donations and legacies | Unrestricted expenditure Depreciation £ £ 35,363 5,210 |
Funeral expenditure £ 160,508 |
Restricted expenditure £ 7,065 |
Totals £ 208,146 |
|
| Costs associated with | |||||
| charitable activites | 225 - |
- | - | 225 | |
| 35,588 5,210 |
160,508 | 7,065 | 208,371 |
5. SUPPORT COSTS
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2020 nor for the year ended 31 July 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 July 2020 nor for the year ended 31 July 2019.
7. STAFF COSTS
| STAFF COSTS | |
|---|---|
| Wages and salaries Other pension costs |
31.7.20 31.7.19 £ £ 19,480 19,647 325 255 |
| 19,805 19,902 |
|
| The average monthly number of employees during the year was as follows: Employed staff |
31.7.20 31.7.19 - 3 |
No employees received emoluments in excess of £60,000.
continued...
Page 8
Madina Mosque Cardiff
Notes to the Financial Statements - continued for the Year Ended 31 July 2020
8. TANGIBLE FIXED ASSETS
| COST At 1 August 2019 Additions At 31 July 2020 DEPRECIATION At 1 August 2019 Charge for year At 31 July 2020 NET BOOK VALUE At 31 July 2020 At 31 July 2019 COST At 1 August 2019 Additions At 31 July 2020 DEPRECIATION At 1 August 2019 Charge for year At 31 July 2020 NET BOOK VALUE At 31 July 2020 At 31 July 2019 DEBTORS: AMOUNTS FALLING DUE Other debtors |
Freehold land £ 10,000 - 10,000 - - - 10,000 10,000 Fixtures Plant and and machinery fittings £ £ 6,221 4,077 - - 6,221 4,077 1,244 815 995 652 2,239 1,467 3,982 2,610 4,977 3,262 WITHIN ONE YEAR |
Temporary building £ 200,504 - 200,504 - - - 200,504 200,504 Motor vehicles £ 14,850 - 14,850 3,713 2,784 6,497 8,353 11,137 |
Residential property £ 175,000 - 175,000 - - - 175,000 175,000 Computer equipment £ 3,525 - 3,525 1,163 780 1,943 1,582 2,362 31.7.20 £ 810 |
Assets under construction £ 877,873 6,000 883,873 - - - 883,873 877,873 Totals £ 1,292,050 6,000 1,298,050 6,935 5,211 12,146 1,285,904 1,285,115 31.7.19 £ 810 |
|---|---|---|---|---|
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
continued...
Page 9
Madina Mosque Cardiff
Notes to the Financial Statements - continued for the Year Ended 31 July 2020
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors Taxation and social security 11. MOVEMENT IN FUNDS Unrestricted funds Unrestricted Funds Restricted funds Restricted funds TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds Unrestricted Funds Restricted funds Restricted funds TOTAL FUNDS Comparatives for movement in funds At 1.8.18 £ Unrestricted funds Unrestricted Funds 320,045 Restricted funds Restricted funds 1,038,195 TOTAL FUNDS 1,358,240 |
At 1.8.19 £ 490,132 1,164,296 1,654,428 Incoming resources £ 365,267 6,320 371,587 Net movement in funds £ 233,781 62,407 296,188 |
31.7.20 £ 2 1,685 1,687 Net movement in funds £ 163,216 - 163,216 Resources expended £ (202,051) (6,320) (208,371) Transfers between funds £ (63,694) 63,694 - |
31.7.19 £ - 475 475 At 31.7.20 £ 653,348 1,164,296 1,817,644 Movement in funds £ 163,216 - 163,216 At 31.7.19 £ 490,132 1,164,296 1,654,428 |
|---|---|---|---|
continued...
Page 10
Madina Mosque Cardiff
Notes to the Financial Statements - continued for the Year Ended 31 July 2020
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds Unrestricted Funds Restricted funds Restricted funds TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 327,228 (93,447) 233,781 89,587 (27,180) 62,407 416,815 (120,627) 296,188 |
|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds Unrestricted Funds Restricted funds Restricted funds TOTAL FUNDS |
At 1.8.18 £ 320,045 1,038,195 1,358,240 |
Net movement in funds £ 396,997 62,407 459,404 |
Transfers between funds £ (63,694) 63,694 - |
At 31.7.20 £ 653,348 1,164,296 1,817,644 |
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds Unrestricted Funds Restricted funds Restricted funds TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 692,495 (295,498) 396,997 95,907 (33,500) 62,407 788,402 (328,998) 459,404 |
|---|---|
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2020.
Page 11
Madina Mosque Cardiff
Detailed Statement of Financial Activities for the Year Ended 31 July 2020
| 31.7.20 | 31.7.19 | |
|---|---|---|
| £ | £ | |
| INCOME | ||
| Donations | ||
| Charity appeals | 6,317 | 21,150 |
| Property purchase donations | - | 11,700 |
| General donations | 69,604 | 199,983 |
| Tuition fees | - | 17,726 |
| Charity boxes | 10,134 | 4,105 |
| Membership fees | 60 | - |
| Zakat | 745 | 4,180 |
| Tuition fees | 10,590 | - |
| Gift aid | 29,853 | 10,251 |
| Funeral donations & services | 226,066 | 97,375 |
| New Mosque build | - | 41,145 |
| Eid collections | 5,632 | - |
| Grants | 3,068 | 9,200 |
| Food banks | 1,045 | - |
| Insurance claim | 8,473 | - |
| 371,587 | 416,815 | |
| Total incoming resources | 371,587 | 416,815 |
| EXPENDITURE | ||
| Expenses | ||
| Unrestricted expenditure | ||
| Wages | 19,480 | 19,647 |
| Pensions | 325 | 255 |
| Repairs & maintenance | 8,943 | 70 |
| Rates and water | 269 | 568 |
| Insurance | 1,552 | 1,268 |
| Light and heat | 936 | 814 |
| Telephone and broadband | 457 | 476 |
| Cleaning | 280 | - |
| Website hosting | - | 563 |
| Gift aid fees | 1,075 | 1,849 |
| Computer costs | 225 | - |
| Teacher fees | 2,046 | 4,331 |
| Depreciation | 35,588 | 29,841 |
| Plant and machinery | 995 | 1,244 |
| Fixtures and fittings | 652 | 815 |
| Motor vehicles | 2,784 | 3,713 |
| Computer equipment | 779 | 1,163 |
| 5,210 | 6,935 | |
| Funeral expenditure | ||
| Cemetery fees | 137,876 | 49,128 |
| Coffin fees | 11,486 | 6,949 |
| Motor expenses | 3,881 | 2,443 |
| Carried forward | 153,243 | 58,520 |
This page does not form part of the statutory financial statements
Page 12
Madina Mosque Cardiff
| Funeral expenditure Brought forward Sub contractors Restricted expenditure Zakat Charity appeals Total resources expended Net income |
Detailed Statement of Financial Activities for the Year Ended 31 July 2020 31.7.20 31.7.19 £ £ 153,243 58,520 7,265 - 160,508 58,520 745 4,180 6,320 21,151 7,065 25,331 208,371 120,627 163,216 296,188 |
|---|---|
This page does not form part of the statutory financial statements
Page 13
Issuer
M Raza & Co`
Document generated Wed, 22nd Dec 2021 13:33:11 UTC
Document fingerprint 976c95bf80a7b600099ca41665630c7f
Parties involved with this document
Document processed
Party + Fingerprint
Wed, 22nd Dec 2021 19:43:33 UTC Thu, 23rd Dec 2021 9:47:05 UTC Thu, 23rd Dec 2021 10:24:25 UTC Thu, 23rd Dec 2021 10:31:12 UTC
Javed Iqbal - Signer (b80f2a7c13b9799c122beea031abeb56) Mohammed Ilyas - Signer (e4d5e515ef5fbd3065adcef4fe32d7d7) Qasam Shad - Signer (7fe8fdcdd9daf0bd6b7a0b6ff359994b) FARAZ RAZA - Signer (8b03145f18227dd9956481075005aba6)
Audit history log
Date
Thu, 23rd Dec 2021 10:31:12 UTC Thu, 23rd Dec 2021 10:31:12 UTC Thu, 23rd Dec 2021 10:30:27 UTC Thu, 23rd Dec 2021 10:24:27 UTC Thu, 23rd Dec 2021 10:24:25 UTC Thu, 23rd Dec 2021 10:24:25 UTC Thu, 23rd Dec 2021 10:17:42 UTC Thu, 23rd Dec 2021 9:47:08 UTC Thu, 23rd Dec 2021 9:47:05 UTC Thu, 23rd Dec 2021 9:47:05 UTC Thu, 23rd Dec 2021 9:45:16 UTC Wed, 22nd Dec 2021 19:43:35 UTC Wed, 22nd Dec 2021 19:43:33 UTC Wed, 22nd Dec 2021 19:43:33 UTC Wed, 22nd Dec 2021 19:36:51 UTC Wed, 22nd Dec 2021 13:42:34 UTC Wed, 22nd Dec 2021 13:42:32 UTC Wed, 22nd Dec 2021 13:41:28 UTC
Action The envelope has been signed by all parties. (92.4.152.246) FARAZ RAZA signed the envelope. (92.4.152.246) FARAZ RAZA viewed the envelope. (92.4.152.246) Document emailed to party email (35.178.232.208) Sent the envelope to FARAZ RAZA for signing. (90.242.15.225) Qasam Shad signed the envelope. (90.242.15.225) Qasam Shad viewed the envelope. (90.242.15.225) Document emailed to party email (35.177.67.145) Sent the envelope to Qasam Shad for signing. (86.6.116.239) Mohammed Ilyas signed the envelope. (86.6.116.239) Mohammed Ilyas viewed the envelope. (86.6.116.239) Document emailed to party email (18.135.98.201) Sent the envelope to Mohammed Ilyas for signing. (90.222.117.229) Javed Iqbal signed the envelope. (90.222.117.229) Javed Iqbal viewed the envelope. (90.222.117.229) Document emailed to party email (18.130.228.20) Sent the envelope to Javed Iqbal for signing. (92.4.152.246) Automatic reminders for this envelope have been set to occur every 1 days (92.4.152.246)
Wed, 22nd Dec 2021 13:41:25 UTC Wed, 22nd Dec 2021 13:41:25 UTC Wed, 22nd Dec 2021 13:41:25 UTC Wed, 22nd Dec 2021 13:41:25 UTC Wed, 22nd Dec 2021 13:40:57 UTC
Wed, 22nd Dec 2021 13:33:11 UTC
FARAZ RAZA has been assigned to this envelope (92.4.152.246) Qasam Shad has been assigned to this envelope (92.4.152.246) Mohammed Ilyas has been assigned to this envelope (92.4.152.246) Javed Iqbal has been assigned to this envelope (92.4.152.246) Document generated with fingerprint
976c95bf80a7b600099ca41665630c7f (92.4.152.246) Envelope generated by M Raza & Co. (92.4.152.246)