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2022-07-31-accounts

REGISTERED CHARITY NUMBER: 1110910

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 July 2022

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 2022

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 2022

The trustees present their report with the financial statements of the charity for the year ended 31 July 2022. 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 mankind.

  2. To preserve and protect health and poverty amongst the people in wales without the distinction of race or religion.

  3. To promote the elimination of discrimination on the grounds of race religion disability or ethnic origin.

Significant activities

As we sailed through the post COVID-19 pandemic period, Madina Mosque has continued in its mission, working to achieve its objectives through a variety of activities aiming at satisfying the needs of its various stakeholders. These have been carried out from its temporary building until construction of a new centre is completed.

A natural result of the pandemic has seen a cautious attitude to get public places such as ours to bring back its regular attendees back to the mosque. However, Madina Mosque once again commenced, regular activities such as congregational prayers, lectures and educational activities.

We have continued to offer some of our services through online platforms in order to reach those who are unable to visit the mosque physically.

We are pleased that the funeral service provided by the mosque is going well and providing an essential service to the community.

Page 1

Madina Mosque Cardiff

Report of the Trustees for the Year Ended 31 July 2022

FINANCIAL REVIEW

The Charity's reserve policy is to keep sufficient reserves to cover six months of unrestricted charitable expenses.

In case of a shortfall the Trustees have given the undertaking to meet the day to day expenses.

Fundraising is through public and members donations.

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.

PLANS FOR THE FUTURE

  1. Review articles policies and procedures to deliver strong governance structure.

  2. Establish a robust induction process and create a training program for trustees.

  3. Carry out review of education for children and adults.

  4. Establish a youth forum to build relationships between younger people and the mosque.

  5. Enhance support for new muslims.

  6. Develop support for elderly.

  7. Develop further way to work with wider society.

  8. Create a series of assets that challenge misconceptions about Islam.

  9. Continue with planning of the new mosque build project.

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 2022

Trustees

The trustees who served during the year were as follows:-

Javed Iqbal Chair Appointed Chair 6 September 2019
Appointed 31 January 2016
Qasam Shad Secretary Appointed 1 June 2021
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
Mohammed Humayun Naseer Secretary Resigned 1 June 2021

Independent Examiner M Raza & Co. Chartered Certified Accountants 166 Whitchurch Road Cardiff CF14 3NA

Approved by order of the board of trustees on 27 April 2023 and signed on its behalf by:

Javaid Iqbal chipyjav@hotmail.com (May 22, 2023, 11:55am)

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 2022.

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 member of the Association of Chartered Certified Accountants, 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 the Trust 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 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.

Faraz Raza (May 22, 2023, 11:36am)

Faraz Raza

M Raza & Co. Chartered Certified Accountants 166 Whitchurch Road Cardiff CF14 3NA

28 April 2023

Page 4

Madina Mosque Cardiff

Statement of Financial Activities for the Year Ended 31 July 2022

Notes
INCOME FROM
Donations
2
EXPENDITURE ON
Raising funds
3
NET INCOME
Transfers between funds
10
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Unrestricted
funds
£
430,561
288,197
142,364
93,423
235,787
806,775
1,042,562
Restricted
fund
£
6,382
6,382
-
(93,423)
(93,423)
1,162,296
1,068,873
31.7.22
Total
funds
£
436,943
294,579
142,364
-
142,364
1,969,071
2,111,435
31.7.21
Total
funds
£
413,532
262,105
151,427
-
151,427
1,817,644
1,969,071

The notes form part of these financial statements

Page 5

Madina Mosque Cardiff

Balance Sheet 31 July 2022

Notes
FIXED ASSETS
Tangible assets
7
CURRENT ASSETS
Debtors
8
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
9
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
10
Unrestricted funds
Restricted funds
TOTAL FUNDS
Unrestricted
funds
£
219,431
641
823,687
824,328
(1,197)
823,131
1,042,562
1,042,562
Restricted
fund
£
1,068,873
-
-
-
-
-
1,068,873
1,068,873
31.7.22
Total
funds
£
1,288,304
641
823,687
824,328
(1,197)
823,131
2,111,435
2,111,435
1,042,562
1,068,873
2,111,435
31.7.21
Total
funds
£
1,281,975
641
688,741
689,382
(2,286)
687,096
1,969,071
1,969,071
806,775
1,162,296
1,969,071

The financial statements were approved by the Board of Trustees and authorised for issue on 27 April 2023 and were signed on its behalf by:

Javaid Iqbal chipyjav@hotmail.com (May 22, 2023, 11:55am)

Javed Iqbal - Trustee

Mohammed Ilyas (May 22, 2023, 12:03pm) Mohammed Ilyas - Trustee

Qasam Shad (May 24, 2023, 1:20pm) 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 2022

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

3.

Charity appeals
General donations
Jummah collections
Penny boxes
Tuition fees
Gift aid
Funeral services
Eid collections
Funeral donations
Website advertisement
CAF donations
Taraveeh collections
Casket sales
RAISING FUNDS
Raising donations and legacies
Expenses
31.7.22
£
6,383
33,657
52,938
7,808
-
-
290,521
5,438
1,830
540
36,261
1,172
395
436,943
31.7.22
£
294,579
31.7.21
£
7,633
84,092
-
8,891
60
1,127
289,144
-
2,345
540
19,700
-
-
413,532
31.7.21
£
262,105

continued...

Page 7

Madina Mosque Cardiff

Notes to the Financial Statements - continued

for the Year Ended 31 July 2022

4. SUPPORT COSTS

SUPPORT COSTS
Unrestricted Funeral Restricted
expenditure Depreciation expenditure expenditure Totals
£ £ £ £ £
Raising donations and legacies 47,175 2,970 238,052 6,382 294,579

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2022 nor for the year ended 31 July 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2022 nor for the year ended 31 July 2021.

6. STAFF COSTS

STAFF COSTS
Wages and salaries
Other pension costs
31.7.22
31.7.21
£
£
35,039
21,143
384
325
35,423
21,468
The average monthly number of employees during the year was as follows:
Employed staff
31.7.22
31.7.21
6
10

No employees received emoluments in excess of £60,000.

7. TANGIBLE FIXED ASSETS

COST
At 1 August 2021
Additions
At 31 July 2022
DEPRECIATION
At 1 August 2021
Charge for year
At 31 July 2022
NET BOOK VALUE
At 31 July 2022
At 31 July 2021
Freehold
land
£
10,000
-
10,000
-
-
-
10,000
10,000
Temporary
building
£
200,504
-
200,504
-
-
-
200,504
200,504
Residential
property
£
175,000
-
175,000
-
-
-
175,000
175,000
Assets
under
construction
£
883,873
1,800
885,673
-
-
-
885,673
883,873

continued...

Page 8

Madina Mosque Cardiff

Notes to the Financial Statements - continued for the Year Ended 31 July 2022

7. TANGIBLE FIXED ASSETS - continued

Fixtures
Plant and
and
machinery
fittings
£
£
COST
At 1 August 2021
6,221
4,077
Additions
-
-
At 31 July 2022
6,221
4,077
DEPRECIATION
At 1 August 2021
3,036
1,989
Charge for year
637
418
At 31 July 2022
3,673
2,407
NET BOOK VALUE
At 31 July 2022
2,548
1,670
At 31 July 2021
3,185
2,088
8.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Taxation and social security
10.
MOVEMENT IN FUNDS
At 1.8.21
£
Unrestricted funds
Unrestricted Funds
806,775
Restricted funds
Restricted funds
1,162,296
TOTAL FUNDS
1,969,071
Motor
vehicles
£
14,850
7,500
22,350
8,585
1,566
10,151
12,199
6,265
Net
movement
in funds
£
142,364
-
142,364
Computer
equipment
£
3,525
-
3,525
2,465
350
2,815
710
1,060
31.7.22
£
641
31.7.22
£
(1)
1,198
1,197
Transfers
between
funds
£
93,423
(93,423)
-
Totals
£
1,298,050
9,300
1,307,350
16,075
2,971
19,046
1,288,304
1,281,975
31.7.21
£
641
31.7.21
£
-
2,286
2,286
At
31.7.22
£
1,042,562
1,068,873
2,111,435

continued...

Page 9

Madina Mosque Cardiff

Notes to the Financial Statements - continued for the Year Ended 31 July 2022

10. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
Unrestricted Funds
430,561
Restricted funds
Restricted funds
6,382
TOTAL FUNDS
436,943
Comparatives for movement in funds
Net
movement
At 1.8.20
in funds
£
£
Unrestricted funds
Unrestricted Funds
653,348
151,427
Restricted funds
Restricted funds
1,164,296
-
TOTAL FUNDS
1,817,644
151,427
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
Unrestricted Funds
405,899
Restricted funds
Restricted funds
7,633
TOTAL FUNDS
413,532
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
At 1.8.20
in funds
£
£
Unrestricted funds
Unrestricted Funds
653,348
293,791
Restricted funds
Restricted funds
1,164,296
-
TOTAL FUNDS
1,817,644
293,791
Resources
expended
£
(288,197)
(6,382)
(294,579)
Transfers
between
funds
£
2,000
(2,000)
-
Resources
expended
£
(254,472)
(7,633)
(262,105)
Transfers
between
funds
£
95,423
(95,423)
-
Movement
in funds
£
142,364
-
142,364
At
31.7.21
£
806,775
1,162,296
1,969,071
Movement
in funds
£
151,427
-
151,427
At
31.7.22
£
1,042,562
1,068,873
2,111,435

continued...

Page 10

Madina Mosque Cardiff

Notes to the Financial Statements - continued for the Year Ended 31 July 2022

10. MOVEMENT IN FUNDS - continued

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
£
£
£
836,460
(542,669)
293,791
14,015
(14,015)
-
850,475
(556,684)
293,791

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2022.

Page 11

Madina Mosque Cardiff

INCOME
Donations
Charity appeals
General donations
Jummah collections
Penny boxes
Tuition fees
Gift aid
Funeral services
Eid collections
Funeral donations
Website advertisement
CAF donations
Taraveeh collections
Casket sales
Total incoming resources
EXPENDITURE
Expenses
Unrestricted expenditure
Wages
Pensions
Repairs & maintenance
Rates and water
Insurance
Light and heat
Telephone and broadband
Gift aid fees
Computer costs
Legal and professional fees
Education
Bank charges
Teacher fees
Depreciation
Plant and machinery
Fixtures and fittings
Motor vehicles
Computer equipment
Funeral expenditure
Cemetery fees
Coffin fees
Motor expenses
Sub contractors
Carried forward
Detailed Statement of Financial Activities
for the Year Ended 31 July 2022
31.7.22
31.7.21
£
£
6,383
7,633
33,657
84,092
52,938
-
7,808
8,891
-
60
-
1,127
290,521
289,144
5,438
-
1,830
2,345
540
540
36,261
19,700
1,172
-
395
-
436,943
413,532
436,943
413,532
35,039
21,143
384
325
78
158
187
458
1,630
2,728
1,242
930
706
428
-
1,072
-
143
-
304
95
-
420
-
7,394
1,707
47,175
29,396
637
796
417
522
1,566
2,088
350
522
2,970
3,928
191,498
204,079
17,205
15,438
1,910
1,631
25,114
-
235,727
221,148

This page does not form part of the statutory financial statements

Page 12

Madina Mosque Cardiff

Funeral expenditure
Brought forward
Hire of carriage
Restricted expenditure
Charity appeals
Total resources expended
Net income
Detailed Statement of Financial Activities
for the Year Ended 31 July 2022
31.7.22
31.7.21
£
£
235,727
221,148
2,325
-
238,052
221,148
6,382
7,633
294,579
262,105
142,364
151,427

This page does not form part of the statutory financial statements

Page 13

Issuer

M Raza & Co

Document generated Mon, 22nd May 2023 11:33:31 BST

Document fingerprint 5633f609a5cdfaf760708a9598318d6b

Parties involved with this document

Document processed

Party + Fingerprint

Mon, 22nd May 2023 11:36:15 BST Mon, 22nd May 2023 11:55:00 BST

Mon, 22nd May 2023 12:03:22 BST Wed, 24th May 2023 13:20:24 BST

Faraz Raza - Signer (ae8abb2e8cc0d1fefb25201d7432acd5) Javaid Iqbal chipyjav@hotmail.com - Signer (cb75996bbaf4ec470edea514117b8844) Mohammed Ilyas - Signer (4d20d7791163bf2cc53c5c7f6412a504) Qasam Shad - Signer (46277c3c36e04f31529792889225879b)

Audit history log

Date

Action

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(148.252.129.73)

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Mon, 22nd May 2023 11:34:00 BST Faraz Raza has been assigned to this envelope (88.105.239.232) Mon, 22nd May 2023 11:33:36 BST Document generated with fingerprint 5633f609a5cdfaf760708a9598318d6b (88.105.239.232) Mon, 22nd May 2023 11:33:31 BST Envelope generated by M Raza & Co (88.105.239.232)