CHARITY REGISTRATION NUMBER: 1111447
Sri Lanka Muslim Association (UK) Unaudited Financial Statements 31 March 2025
ALMAS CONSULTING LTD T/A MERIDIAN INSIGHT
Accountants & Statutory Auditors Unit 15A, Slough Business Park 94 Farnham Road Slough Berkshire SL1 3FQ
Sri Lanka Muslim Association (UK)
Financial Statements
Year ended 31 March 2025
| Pages | |
|---|---|
| Trustees' annual report | 1 to 3 |
| Independent examiner's report to the trustees | 4 |
| Statement of financial activities | 5 |
| Statement of financial position | 6 |
| Notes to the financial statements | 7 to 14 |
Sri Lanka Muslim Association (UK)
Trustees' Annual Report
Year ended 31 March 2025
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.
Reference and administrative details
Registered charity name Sri Lanka Muslim Association (UK) Charity registration number 1111447 Principal office 1 Stoke Road Slough Berkshire SL2 5AH The trustees Mr Anees Mohamed Mr Hakeel Mohamed Mr Mohamed Ihthisham Mr Mohammed Sakkaf Mr Nazeer Marzook Mr Rizwan Ramees Mr Abdul Hameed Anverdeen Mr Junaid Mohamed Siddique Mr Mohamed Abdullah Ameen Mr Mohamed Janoofar Bathurusaman Mr Mohamed Rihan Jabbar Mr Nuskey Mohamed Nasrudeen Mr Mohamed Akram Abdul Azeez Mr Mohamed Aasir Mohamed Akram Mr Mohamed Uzair Mohamed Omerdeen Independent examiner Bilal Amin FCA, FCCA Unit 15A, Slough Business Park 94 Farnham Road Slough Berkshire SL1 3FQ
Structure, governance and management
Document
The charity is constituted as a charitable trust registered with the Charity Commission under charity number 1111447 and is governed by a trust deed.
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Sri Lanka Muslim Association (UK)
Trustees' Annual Report (continued)
Year ended 31 March 2025
Organisational Structure
The trustees are fully responsible for the management of the assets of the trust, mainly the Mosque at the above address namely Masjid Al-Jannah: Islamic Educational & community Centre and give their time free of charge and receive no remuneration or other financial benefits.
The trustees hold regular meetings to oversee the operations of the mosque, community centre and other charitable activities. Decisions are made collectively to ensure effective management.
Recruitment and Appointment of Trustees
It has been followed according to the trust deed. Also, by agreed procedures with views and reflection of the community to have a better relationship with the Membership and the local community.
Recruitment and Appointment of Trustees
Trustees are appointed in accordance with the trust deed and agreed procedures, incorporating feedback from the community to strength relationships between the members and the wider public.
Risk Management
Trustees have assessed the risks to the charity and have implemented contingency plans to manage identified risks. Policies, insurance cover and financial resources are in place to safeguard operations.
Objectives and activities
We have referred to the guidance contained in the Charity Commission's general guidance on public. benefit when reviewing our aims and objectives and in planning our future activities. The charity's objectives, as outlined in its trust deed, include:
-
Supporting Sri Lankan Muslim residents in Slough and surrounding areas through advice services.
-
Promoting racial harmony and better and mutual understanding.
-
Advancing education in Islamic culture, religious studies, health, and poverty alleviation.
-
Offering individual and group counselling on topics such as marriage, divorce, and other community concerns.
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Providing recreational facilities to enhance the physical, mental and spiritual well-being of individuals.
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Establishing places for religious, cultural and educational activities, including Islamic schools and libraries.
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Publishing and distributing educational and cultural materials.
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Conducting English language classes to improve literacy.
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Facilitating Muslims funerals in accordance with Islamic principles.
-
Promoting unity, discipline, and faith.
Achievements
To achieve these objectives, the charity:
- Established Masjid Al-Jannah, an Islamic Educational & Community Centre, as a hub for religious, educational and cultural activities.
• Key achievements include ongoing progress in teaching Islamic Studies and memorising Quran (Hifz) for kids, a highly successful 2024 Summer Social Event, setting high standards for British Mosque, and the successful launch of Girls' Hifz Classes and Saturday Youth Circle for girls.
-
Conducted programs and lectures in both English and Tamil, catering to the Sri Lankan Muslim community in Slough and beyond.
-
Facilitated charitable giving through the collection and distribution of Sadaqa, Zakat and Fitrana to alleviate poverty.
-
Held seminars, educational classes and events free of charge, funded through community donations.
-
Organised disaster relief appeals and ensured all funds were used exclusively for their intended
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Sri Lanka Muslim Association (UK)
Trustees' Annual Report (continued)
Year ended 31 March 2025
purposes.
• Hosted open days and interfaith activities to foster understanding and dialogue with the wider community.
• Provided consular and support services for vulnerable groups, including youth, women and men.
• Worked closely with local authorities, including Slough Borough Council and the police to promote law and order through community programs.
Achievements and performance
Financial review
Reserves Policy
The trustees aim to maintain sufficient reserves to cover the operating costs of the charity, primarily the running the Islamic Centre and Mosque.
Principal Funding Sources
The charity's income primarily comes from:
Donations collected during Friday prayers, special appeals and festive prayers. Standing orders, random donations and membership fees.
Interest-free loans (Qarze-e-Hasana) from individuals, repayable on demand, to fund capital projects. Cash donations received to the fix tills in the mosque premises.
Plans for future periods
Vision-1: Future Plan for New Third Floor: Construction of the charity’s new third floor began in April 2022 and was completed after March 2025. The final project cost exceeded the original budget due to additional features introduced during development, including two lifts and a dedicated ladies prayer area. The new facility is now fully utilised and has enabled several key initiatives: the establishment of a Pre-Islamic School, the creation of a modern media centre, the launch of programmes supporting children in Sri Lanka, and the opening of a new library promoting both British and Islamic values.
Vision-2: Establishing a Sri Lankan Community Centre: The vision is to serve as a community hub for the Sri Lankan Muslim community and the wider population in Slough, with key objectives including fostering community cohesion, hosting gatherings with community spaces for events providing inclusive sports facilities like football and badminton etc.
Vision-3: Marriage & Reconciliation Council: The establishment of the Islamic Marriage & Reconciliation Council (SLMA-UK) aims to provide marriage counselling, mediate disputes, offer educational programs on marriage and family life, deliver support services for couples in crisis and promote healthy marriages and family dynamics within the Muslim community.
The trustees' annual report was approved on 27 November 2025 and signed on behalf of the board of trustees by:
Mohamed Uzair Mohamed Omerdeen
________ Mohamed Akram Abdul Azeez
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Sri Lanka Muslim Association (UK)
Independent Examiner's Report to the Trustees of Sri Lanka Muslim Association (UK)
Year ended 31 March 2025
I report to the trustees on my examination of the financial statements of Sri Lanka Muslim Association (UK) ('the charity') for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements 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 the charity’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 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:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements 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.
_______ Bilal Amin FCA, FCCA Independent Examiner
Unit 15A, Slough Business Park 94 Farnham Road Slough Berkshire SL1 3FQ
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Sri Lanka Muslim Association (UK)
Statement of Financial Activities
Year ended 31 March 2025
| 2025 | 2025 | 2024 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | ||||
| funds | funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | £ | |
| Income and endowments | ||||||
| Donations and legacies | 4 | 350,091 | 26,966 | – | 377,057 | 386,938 |
| Charitable activities | 5 | – | 23,688 | 255,337 | 279,025 | 397,473 |
| Investment income | 6 | 207 | – | – | 207 | 1,637 |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total income | 350,298 | 50,654 | 255,337 | 656,289 | 786,048 | |
| ================================ | ============================ | ================================ | ================================ | ================================ | ||
| Expenditure | ||||||
| Expenditure on | ||||||
| charitable activities | 7,8 | 398,551 | 91,338 | – | 489,889 | 509,815 |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total expenditure | 398,551 | 91,338 | – | 489,889 | 509,815 | |
| ================================ | ============================ | ================================ | ================================ | ================================ | ||
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Net income | (48,253) | (40,684) | 255,337 | 166,400 | 276,233 | |
| ================================ | ============================ | ================================ | ================================ | ================================ | ||
| Transfers between funds | (385,614) | 43,892 | 341,722 | – | – | |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Net movement in funds | (433,867) | 3,208 | 597,059 | 166,400 | 276,233 | |
| Reconciliation of funds | ||||||
| Total funds brought forward | 56,289 | 31,763 | 1,610,077 | 1,698,129 | 1,421,897 | |
| -------------------------------- | ---------------------------- | ----------------------------------------- | ----------------------------------------- | ----------------------------------------- | ||
| Total funds carried forward | (377,578) | 34,971 | 2,207,136 | 1,864,529 | 1,698,129 | |
| ================================ | ============================ | ========================================= | ========================================= | ========================================= |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 7 to 14 form part of these financial statements.
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Sri Lanka Muslim Association (UK)
Statement of Financial Position
31 March 2025
| 31 March 2025 | |||
|---|---|---|---|
| 2025 | 2024 | ||
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 13 | 2,234,173 | 1,626,050 |
| Current assets | |||
| Debtors | 14 | 50,000 | 120,000 |
| Cash at bank and in hand | 193,043 | 252,233 | |
| -------------------------------- | -------------------------------- | ||
| 243,043 | 372,233 | ||
| Creditors: amounts falling due within one year | 15 | 3,332 | 16,658 |
| -------------------------------- | -------------------------------- | ||
| Net current assets | 239,711 | 355,575 | |
| ----------------------------------------- | ----------------------------------------- | ||
| Total assets less current liabilities | 2,473,884 | 1,981,625 | |
| Creditors: amounts falling due after more than one year | 16 | 609,355 | 283,495 |
| ----------------------------------------- | ----------------------------------------- | ||
| Net assets | 1,864,529 | 1,698,130 | |
| ========================================= | ========================================= | ||
| Funds of the charity | |||
| Endowment funds | 2,207,136 | 1,610,077 | |
| Restricted funds | 34,971 | 31,762 | |
| Unrestricted funds | (377,578) | 56,290 | |
| ----------------------------------------- | ----------------------------------------- | ||
| Total charity funds | 17 | 1,864,529 ========================================= |
1,698,129 ========================================= |
These financial statements were approved by the board of trustees and authorised for issue on 27 November 2025, and are signed on behalf of the board by:
______ Mr Anees Mohammed Trustee
______ Mr Mohamed Uzair Mohamed Omerdeen Trustee
______ Mr Mohamed Akram Abdul Azeez Trustee
The notes on pages 7 to 14 form part of these financial statements.
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Sri Lanka Muslim Association (UK)
Notes to the Financial Statements
Year ended 31 March 2025
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Al-Jannah Masjid, 1 Stoke Road, Slough, Berkshire, SL2 5AH.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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 (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The charity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemption available under paragraph 1.12 of FRS 102:
(a) No cash flow statement has been presented for the charity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
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Sri Lanka Muslim Association (UK)
Notes to the Financial Statements (continued)
Year ended 31 March 2025
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
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Sri Lanka Muslim Association (UK)
Notes to the Financial Statements (continued)
Year ended 31 March 2025
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 15% reducing balance
4. Donations and legacies
| Donations and legacies | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Donations | |||
| General donations | 100,942 | – | 100,942 |
| Fitrah collections | – | 15,253 | 15,253 |
| Friday collections | 75,517 | – | 75,517 |
| Janaza collections | – | 2,581 | 2,581 |
| Ifthar donations | 31,345 | – | 31,345 |
| Makthab and Hafiz | 115,204 | – | 115,204 |
| Sadaqah collections | – | 5,887 | 5,887 |
| Standing order collections and membership fees | 14,183 | – | 14,183 |
| Till collections | 8,500 | – | 8,500 |
| Zakah collections | – | 3,245 | 3,245 |
| Miscellaneous income | 4,400 | – | 4,400 |
| HMRC - Gift Aid | – | – | – |
| -------------------------------- | ---------------------------- | -------------------------------- | |
| 350,091 | 26,966 | 377,057 | |
| ================================ | ============================ | ================================ |
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Sri Lanka Muslim Association (UK)
Notes to the Financial Statements (continued)
Year ended 31 March 2025
4. Donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Donations | |||||
| General donations | 69,717 | – | 69,717 | ||
| Fitrah collections | – | 12,227 | 12,227 | ||
| Friday collections | 87,406 | – | 87,406 | ||
| Janaza collections | – | 2,783 | 2,783 | ||
| Ifthar donations | 64,003 | – | 64,003 | ||
| Makthab and Hafiz | 86,011 | – | 86,011 | ||
| Sadaqah collections | – | 5,472 | 5,472 | ||
| Standing order collections and membership fees | 13,725 | – | 13,725 | ||
| Till collections | 19,356 | – | 19,356 | ||
| Zakah collections | – | 14,106 | 14,106 | ||
| Miscellaneous income | 8,800 | – | 8,800 | ||
| HMRC - Gift Aid | 3,332 | – | 3,332 | ||
| -------------------------------- | ---------------------------- | -------------------------------- | |||
| 352,350 | 34,588 | 386,938 | |||
| ================================ | ============================ | ================================ | |||
| 5. | Charitable activities | ||||
| Restricted | Endowment | Total Funds | |||
| Funds | Funds | 2025 | |||
| £ | £ | £ | |||
| Building project donations | – | 255,337 | 255,337 | ||
| Project collections | 23,688 | – | 23,688 | ||
| ---------------------------- | -------------------------------- | -------------------------------- | |||
| 23,688 | 255,337 | 279,025 | |||
| ============================ | ================================ | ================================ | |||
| Restricted | Endowment | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Building project donations | – | 345,087 | 345,087 | ||
| Project collections | 52,386 | – | 52,386 | ||
| ---------------------------- | -------------------------------- | -------------------------------- | |||
| 52,386 | 345,087 | 397,473 | |||
| ============================ | ================================ | ================================ | |||
| 6. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2025 | Funds | 2024 | ||
| £ | £ | £ | £ | ||
| Bank interest receivable | 207 | 207 | 1,637 | 1,637 | |
| ============== | ============== | ======================= | ======================= |
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Sri Lanka Muslim Association (UK)
Notes to the Financial Statements (continued)
Year ended 31 March 2025
7. Expenditure on charitable activities by fund type
| 7. | Expenditure on charitable activities by | fund type | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2025 | |||
| £ | £ | £ | |||
| Charitable activities | 397,109 | 91,338 | 488,447 | ||
| Support costs | 1,442 | – | 1,442 | ||
| -------------------------------- | ---------------------------- | -------------------------------- | |||
| 398,551 | 91,338 | 489,889 | |||
| ================================ | ============================ | ================================ | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Charitable activities | 389,818 | 113,998 | 503,815 | ||
| Support costs | 6,000 | – | 6,000 | ||
| -------------------------------- | -------------------------------- | -------------------------------- | |||
| 395,818 | 113,998 | 509,815 | |||
| ================================ | ================================ | ================================ | |||
| 8. | Expenditure on charitable activities by | activity type | |||
| Activities | |||||
| undertaken | Support | Total funds | Total fund | ||
| directly | costs | 2025 | 2024 | ||
| £ | £ | £ | £ | ||
| Charitable activities | 488,447 | – | 488,447 | 503,815 | |
| Governance costs | – | 1,442 | 1,442 | 6,000 | |
| -------------------------------- | ----------------------- | -------------------------------- | -------------------------------- | ||
| 488,447 | 1,442 | 489,889 | 509,815 | ||
| ================================ | ======================= | ================================ | ================================ | ||
| 9. | Net income | ||||
| Net income is stated after charging/(crediting): | |||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Depreciation of tangible fixed assets | 4,771 | 2,818 | |||
| Fees payable for the audit of the financial statements | – | 6,000 | |||
| ======================= | ======================= | ||||
| 10. | Independent examination fees | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Fees payable to the independent examiner for: | |||||
| Independent examination of the financial statements | 1,440 | – | |||
| ======================= | ============== |
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Sri Lanka Muslim Association (UK)
Notes to the Financial Statements (continued)
Year ended 31 March 2025
11. Staff costs
| Staff costs | Staff costs | |
|---|---|---|
| The total staff costs and employee benefits for the reporting period are analysed as | follows: | |
| 2025 | 2024 | |
| £ | £ | |
| Wages and salaries | 232,937 | 172,443 |
| Social security costs | 3,102 | 2,530 |
| -------------------------------- | -------------------------------- | |
| 236,039 | 174,973 | |
| ================================ | ================================ |
The average head count of employees during the year was 33 (2024: 22).
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
12. Trustee remuneration and expenses
No remuneration has been paid to the trustees. All trustees are volunteers and rendered their services free of charge.
13. Tangible fixed assets
| 13. | Tangible fixed assets | |||
|---|---|---|---|---|
| Freehold | Plant and | |||
| property | machinery | Total | ||
| £ | £ | £ | ||
| Cost | ||||
| At 1 April 2024 | 1,610,077 | 61,013 | 1,671,090 | |
| Additions | 597,059 | 15,835 | 612,894 | |
| ----------------------------------------- | ---------------------------- | ----------------------------------------- | ||
| At 31 March 2025 | 2,207,136 | 76,848 | 2,283,984 | |
| ========================================= | ============================ | ========================================= | ||
| Depreciation | ||||
| At 1 April 2024 | – | 45,040 | 45,040 | |
| Charge for the year | – | 4,771 | 4,771 | |
| ----------------------------------------- | ---------------------------- | ----------------------------------------- | ||
| At 31 March 2025 | – | 49,811 | 49,811 | |
| ========================================= | ============================ | ========================================= | ||
| Carrying amount | ||||
| At 31 March 2025 | 2,207,136 | 27,037 | 2,234,173 | |
| ========================================= | ============================ | ========================================= | ||
| At 31 March 2024 | 1,610,077 | 15,973 | 1,626,050 | |
| ========================================= | ============================ | ========================================= | ||
| 14. | Debtors | |||
| 2025 | 2024 | |||
| £ | £ | |||
| Sundry debtors | 50,000 | 120,000 | ||
| ============================ | ================================ |
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Sri Lanka Muslim Association (UK)
Notes to the Financial Statements (continued)
Year ended 31 March 2025
15. Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Accruals and deferred income | 1,800 | 6,360 |
| Social security and other taxes | 1,367 | 2,931 |
| Other creditors | 165 | 7,367 |
| ----------------------- | ---------------------------- | |
| 3,332 | 16,658 | |
| ======================= | ============================ | |
| Creditors: amounts falling due after more than one year | ||
| 2025 | 2024 | |
| £ | £ | |
| Qarze-e-Hasana (interest free loans) | 609,355 ================================ |
283,495 ================================ |
16. Creditors: amounts falling due after more than one year
17. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||||||
|---|---|---|---|---|---|---|
| At | ||||||
| At | 31 March | 20 | ||||
| 1 April 2024 | Income | Expenditure | Transfers | 25 | ||
| £ | £ | £ | £ | £ | ||
| General funds | 56,289 | 350,298 | (398,551) | (385,614) | (377,578) |
|
| ============================ | ================================ | ================================ | ================================ | ================================ | ||
| At | ||||||
| At | 31 March | 20 | ||||
| 1 April 2023 | Income | Expenditure | Transfers | 24 | ||
| £ | £ | £ | £ | £ | ||
| General funds | 247,584 | 353,987 | (395,819) | (149,463) | 56,289 |
|
| ================================ | ================================ | ================================ | ================================ | ============================ | ||
| Restricted funds | ||||||
| At | ||||||
| At | 31 March | 20 | ||||
| 1 April 2024 | Income | Expenditure | Transfers | 25 | ||
| £ | £ | £ | £ | £ | ||
| Restricted funds | 31,763 | 50,654 | (91,338) | 43,892 | 34,971 | |
| ============================ | ============================ | ============================ | ============================ | ============================ | ||
| At | ||||||
| At | 31 March | 20 | ||||
| 1 April 2023 | Income | Expenditure | Transfers | 24 | ||
| £ | £ | £ | £ | £ | ||
| Restricted funds | 58,786 | 86,974 | (113,997) | – | 31,763 | |
| ============================ | ============================ | ================================ | ============== | ============================ |
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Sri Lanka Muslim Association (UK)
Detailed Statement of Financial Activities (continued)
Year ended 31 March 2025
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| £ | £ | ||||||
| Endowment funds | |||||||
| At | |||||||
| At | 31 | March 20 | |||||
| 1 April 2024 | Income | Expenditure | Transfers | 25 | |||
| £ | £ | £ | £ | £ | |||
| Permanent Endowment | |||||||
| Fund | 1,610,077 | 255,337 | – | 341,722 | 2,207,136 | ||
| ========================================= | ================================ | ============== | ================================ | ========================================= | |||
| At | |||||||
| At | 31 | March 20 | |||||
| 1 April 2023 | Income | Expenditure | Transfers | 24 | |||
| £ | £ | £ | £ | £ | |||
| Permanent Endowment | |||||||
| Fund | 1,115,527 | 345,087 | – | 149,463 | 1,610,077 | ||
| ========================================= | ================================ | ============== | ================================ | ========================================= | |||
| 18. | Analysis of net assets between funds | ||||||
| Unrestricted | Restricted | Endowment | Total Funds | ||||
| Funds | Funds | Funds | 2025 | ||||
| £ | £ | £ | £ | ||||
| Tangible fixed assets | 27,037 | – | 2,207,136 | 2,234,173 | |||
| Current assets | 208,072 | 34,971 | – | 243,043 | |||
| Creditors less than 1 year | (3,332) | – | – | (3,332) | |||
| Creditors greater than 1 year | (609,355) | – | – | (609,355) | |||
| -------------------------------- | ---------------------------- | ----------------------------------------- | ----------------------------------------- | ||||
| Net assets | (377,578) | 34,971 | 2,207,136 | 1,864,529 | |||
| ================================ | ============================ | ========================================= | ========================================= | ||||
| Unrestricted | Restricted | Endowment | Total Funds | ||||
| Funds | Funds | Funds | 2024 | ||||
| £ | £ | £ | £ | ||||
| Tangible fixed assets | 15,973 | – | 1,610,077 | 1,626,050 | |||
| Current assets | 340,470 | 31,763 | – | 372,233 | |||
| Creditors less than 1 year | (16,659) | – | – | (16,659) | |||
| Creditors greater than 1 year | (283,495) | – | – | (283,495) | |||
| -------------------------------- | ---------------------------- | ----------------------------------------- | ----------------------------------------- | ||||
| Net assets | 56,289 | 31,763 | 1,610,077 | 1,698,129 | |||
| ================================ | ============================ | ========================================= | ========================================= |
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