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2024-04-05-accounts

The Kathor Muslim Society of UK Registered Charity Number: 1112981

Report of the Trustees and Financial Statements for the

Year ended 5th April 2024

The Kathor Muslim Society of UK- Trustees Report for the Year Ended 5th April 2024 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 2024 ............................................... 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 2024

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

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. Aslam Vorajee Lancashire
Mr. Dawood Oomer Lancashire
Mr. Naeem Randera North West
Mr. Suleman Dadabhai Midlands
Mr. Yunus Amla London

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The Kathor Muslim Society of UK- Trustees Report for the Year Ended 5th April 2024

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 £12,006 throughout the UK and received £2,057 as interest on bank accounts, donations and accrued interest on Gift Aid. A total of £2,000 was received in Gift Aid income.

One new membership fee was received.

Rental Income

Rental income from the two properties that the Society owns totalled £14,165 gross 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 2024

Summary of the main achievements during this financial period

During the year the charity paid out grants totalling £11,400, 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.

A total of six grants were approved under the UK Grants programme, the take-up continues to improve.

Health & Medical

Medical assistance is delivered through NGOS’s that support individuals with out-patient and inpatient treatments covering a broad range of health services and medical procedures.

Education

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

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The Kathor Muslim Society of UK- Trustees Report for the Year Ended 5th April 2024

Social Welfare

In Kathor, the Society working with local NGO’s supported the following activities in this area:

UK Educational Awards Programme

A total of six grants were approved under the UK Grants programme, the take-up continues to improve.

Global Relief

We provided support for humanitarian crisis appeals in Gaza/Palestine through UK Registered Charities with expertise in the field.

Financial review

Reserves Policy

The Society currently holds total reserves of £238,332, of this £159,587 is held in cash reserves. £27,240 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 2024

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 i (Chair Trustee) Mr. Ebrahim Dhalech (President)

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The Kathor Muslim Society of UK- Trustees Report for the Year Ended 5th April 2024

Appendix 1- Accounts & Balance Sheet Year Ending 5[th] April 2024

Section A Receipts and payments Section A Receipts and payments
Income
Total
Membership Fees

£ 175
Rent (Gross)
£ 14,165
Ramadan Appeal
£ 12,006
Gift Aid
£ 2,000
Interest Received1
£ 2,057
Expenditure
Total
Agents Fees & Commission
£ 1,555
Property Insurance & Management Fees
£ 1,530
Property Repairs & Renewals2
£ 10,003
Ramadan Appeal Distribution3
£ 9,800
KMS Relief Fund Distribution3
£ -
Administrative Costs4
£ 123
AGM/Event Costs
£ 1,046
UK Educational Award3
£ 1,600
Bank & Other Financial Charges
£ 323
Interest Distribution
£ -
Surplus (Deficit) to Reserve
£ 4,423
Total £30,403
Total
£30,403
Total
£30,403
Section B Statement of assets and liabilities at the end of the period
Liabilities
Total Liabilities
Reserves
Unrestricted Reserves
Restricted Reserves6
Total Reserves
£’s
0
£ 211,092
£ 27,240
£ 238,332
Fixed Assets
Property5
Total Fixed Assets
Bank Accounts & Investments
Deposit account
Current account
Total Cash
£ 78,745
£ 78,745
£ 141,801
£ 17,786
£ 238,332
Notes to accounts:

1 Interest received: Interest received from banking activities

2 Property repairs: 10 Stroma Way full fit of new bathroom £5,550, roof and guttering repairs £3,450, other repairs across both properties £1,003

3 Ramadan Appeal & Other Distributions:

Social & Welfare – Social & Welfare Relief projects £4,250; Youth & Ladies Tarbiyah Events £1,100; Ramadan Food Programme £1,950 Other Appeals – Gaza Appeal £2,500

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

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

6 Restricted 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 2024

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 2024.

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: 17[th] January 2025

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