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2021-04-05-accounts

The Kathor Muslim Society of UK Registered Charity Number: 1112981

Report of the Trustees and Financial Statements for the

Year ended 5th April 2021

The Kathor Muslim Society of UK- Trustees Report for the Year Ended 5th April 2021

Contents

Contents .......................................................................................................................................... 1 Reference and administration details ............................................................................................. 2 Structure, governance and management ....................................................................................... 3 Objectives and activities ................................................................................................................. 3 Summary of the main achievements during this financial period .................................................. 4 Financial review .............................................................................................................................. 5 Declaration ...................................................................................................................................... 6 Appendix 1- Accounts & Balance Sheet Year Ending 5[th] April 2021 ............................................... 7 Appendix 2- Independent Examiners Report .................................................................................. 8

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The Kathor Muslim Society of UK- Trustees Report for the Year Ended 5th April 2021

Reference and administration details

Charity Name The Kathor Muslim Society of UK Charity Registration Number 1112981 Charity’s Principal Address 75 Somers Road, Walthamstow, London, E17 6RS.

Trustees

Name Office Mr. Salim Kazi Chair of Trustees Mr. Ebrahim Dhalech Trustee and President Mr. Abdul Khaliq Vahed Trustee Mr. Mohammed Vawda Trustee Mr. Asif Dala Trustee

Management Committee

Name Office Mr. Ebrahim Dhalech President Mr. Zahid Dala Treasurer Mr. Yusuf Parekh Internal Auditor Mr. Ibrahim Surti Assistant Treasurer Mr. Ismail Timol Secretary

Locality Committee Representative

Name Office Mr. Dawood Omer Lancashire Mr. Naeem Randera North West Mr. Suleman Dadabhai Midlands

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The Kathor Muslim Society of UK- Trustees Report for the Year Ended 5th April 2021

Structure, governance and management

Type of governing document

Kathor Muslim Society of UK is constituted as a charitable trust registered with the charity commission in February 2006. It is governed by a constitution last updated 25[th] September 2005.

Trustee recruitment and appointment

Existing trustees find and consult on new trustees, and then put forward their recommendation.

Objectives and activities

Charitable purposes

Summary of the main activities in relation to these objects

Fundraising & Other Income

KMS UK raised £24,373 throughout the UK and received £1,284 as interest on bank accounts, donations and accrued interest on Gift Aid. A total of £3,651 was received in Gift Aid income.

One new part membership fee of £50 was received.

Rental Income

Rental income from the two properties that the Society owns totalled £11,880 10 Stroma Way, Nuneaton, Warwickshire CV10 7LR 19 Gillett Close, Nuneaton, Warwickshire CV11 5XW

Volunteers

All the work carried out by individuals on behalf of the charity is on a voluntary basis.

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The Kathor Muslim Society of UK- Trustees Report for the Year Ended 5th April 2021

Summary of the main achievements during this financial period

During the year the charity paid out grants totalling £23,084, this sum was donated to worthwhile causes. The primary beneficiaries are Kathor based NGO’s and individual students needing financial support.

Our programme of support in Kathor is now well established across the spectrum of identified needs in the area. We continue to look for areas where our assistance could be of benefit, expanding areas of work as and when needed.

We also launched a UK Educational Awards programme in February 2020.

Health & Medical

Medical assistance is delivered through the Kathor Medical Trust that annually provides many thousands of out-patient and in-patient treatments covering a broad range of health services and medical procedures. The Society helped to deliver:

As in the UK many educational establishments were closed, as a result of Covid. Costs still needed to be met and our support for these organisations was maintained.

Financial support of £7,800, including £500 of interest, was provided to support these initiatives.

Education

We have continued to build upon work from previous years, this includes:

Financial support of £6,850, of which £250 was interest, was provided to support these initiatives.

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The Kathor Muslim Society of UK- Trustees Report for the Year Ended 5th April 2021

Social Welfare

In Kathor, the Society working with local NGOs supported this programme with £8,134:

In late March, a special appeal was launched as a result of the Covid-19 pandemic. Over £3,500 was raised to support emergency relief in Kathor.

UK Educational Awards Programme

Launched in February 2020 offering grants to support vocational, higher & professional

development. One application was received by a university to student and £300 was awarded.

Financial review

Reserves Policy

The Society currently holds total reserves of £213,087, of this £134,342 is held in cash reserves. £12,725 of the cash reserves are held as Restricted Reserves.

Principal Funding Sources

Funding for the charity’s activities come from two principal sources:

The majority of donations collected during the Ramadan appeal is in the form of Zakat. Any Gift Aid earned on donations is also used as grants to needy causes; all administrative costs are covered through other income.

Investment Policy and Objectives

Interest

The Society in line with Islamic teachings does not consider Interest earned as Halal (acceptable) and therefore we use this money for charitable causes with no benefit to the Society in line with Islamic teachings.

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The Kathor Muslim Society of UK- Trustees Report for the Year Ended 5th April 2021

Declaration

The financial statements were approved by the Board of Trustees

Signed on behalf of the charity’s trustees

Prepared by:

Mr. Zahid Dala (Treasurer)

Checked and Authorised by:

Mr. Salim Kazi (Chair Trustee) Mr. Ebrahim Dhalech (President)

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The Kathor Muslim Society of UK- Trustees Report for the Year Ended 5th April 2021

Appendix 1- Accounts & Balance Sheet Year Ending 5[th] April 2021

Section A Receipts and payments Section A Receipts and payments
Income
Membership Fees
Rent (Gross)
Ramadan Appeal
Gift Aid
Interest Received
Total
Total
£ 50
£ 11,880
£ 24,373
£ 3,651
£ 1,284
£41,238
Expenditure
Agents Fees & Commission
Property Insurance & Management Fees
Property Repairs & Renewals
Ramadan Appeal Distribution1
KMS Relief Fund Distribution (COVID-19)
Administrative Costs2
AGM/Event Costs
Bank & Other Financial Charges
Interest Distribution
UK Educational Award
Surplus (Deficit) to Reserve
Total
Total
£ 1,368
£ 1,248
£ 795
£ 19,828
£ 2,206
£ 102
£ -
£ 232
£ 750
£ 300
£ 14,409
£41,238
Section B Statement of assets and liabilities at the end of the period
Liabilities
Total Liabilities
Reserves
Unrestricted Reserves
Restricted Reserves4
Total Reserves
£’s
0
£ 200,362
£ 12,725
£213,087
Fixed Assets
Property3
Total Fixed Assets
Bank Accounts & Investments
Deposit account
Current account
Total Cash
£ 78,745
£ 78,745
£ 120,028
£ 14,314
£ 213,087

Notes to accounts:

1Ramadan Appeal Distribution:

Education – Graduate Sponsorship £1,350; Jamiah Islamiyah Haqqaniya £800; MAI Trust £2,000; Muslim Student Union (Kathor) £500.

Medical – Kathor Medical Trust £7,300

Social & Welfare – Nikah & Tools & Trades £1,500; Kathor Community Development Trust £1,500; Covid appeal £178; All other Social & Welfare Relief projects £4,700

2Administrative Costs- Include costs associated with fundraising events and the day to day running of the society such as printing, postage

3Historical (purchase) values shown. Valued at £230,000 as at 04 April 2018, 10 Stroma Way (freehold), 19 Gillett Close (Leasehold)

4Restricted Funds are monies collected via appeal & any interest or Gift Aid received.

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The Kathor Muslim Society of UK- Trustees Report for the Year Ended 5th April 2021

Appendix 2- Independent Examiners Report

Independent Examiner’s Report to the Trustees of THE KATHOR MUSLIM SOCIETY of UK .

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 05 April 2021.

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 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Hanif Bhula FCCA Chartered Certified Accountant

5 Howard Street Gloucester GL1 4UR

Date: 22 November 2021

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