2023-12-31-accounts - Agha

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Anjuman Gulaman -e- Hazrat Abbas (AGHA)

Trustees Annual Report for the year ended 31st December 2023

The Trustees present their Annual Report and Accounts for AGHA for the year ended 31st December 2023.

Objectives and activities of AGHA

The objectives for which AGHA is established is to arrange social, cultural, educational and religious events on special occasions throughout the year. In addition, AGHA aims to help the elderly and people who need help and advice.

Management and governance arrangements

The management of AGHA is undertaken by the committee of management comprising of a President, General secretary, Treasurer and two co-opted members.

No trustee or committee member received any emoluments during the year in respect of services performed nor were any expenses paid on their behalf.

The weekly Thursday and Friday programmes were conducted. Moharram and Ramadhan Majaalis were held at the centre with regular attendees and under strict control. A minimum number of Iftars were held during the month of Ramadhan. Food and refreshments for these Iftars was provided by third parties. Likewise, majaalis were also conducted for the first ten days of the month of Moharram and Arbaeen and other special dates. Scholars and reciters were engaged to speak at the above mentioned functions mainly from abroad.

Europe’s largest Annual Majlis which was held on 18 June 2023. The majority of costs for this majlis was borne by third parties.

Total receipts from subscription and donations was £77630.00(paid into bank £67215.00 and cash received £10415.00), which represented the amounts paid into bank through standing orders and sundry donations which includes Moharrum fund of £18619.00, Ramadan fund of £2100.00 and receipts in respect of Europe’s largest Majlis of £25870.00, sundries via standing orders of £31041.00.

Majaalis and Milads sponsored by third parties amounted to £107476.00. This represents food and refreshment provided and paid for by third parties for each Thursday’s programme and other main events. Also contribution towards reciters’ fees and fares paid directly by sponsors for the Europe's largest majlis which was held on 18 June 2023.

Costs of reciters and scholars who came from abroad and who were also engaged

locally, amounted to £77660.00. This mainly consisted of their fees and fares including costs incurred for the Europe's largest majlis.

The cost of food and refreshments provided for Thursday programmes and other special events including Ramadhan, Moharram days and Europe’s largest majlis amounted to £62780.00.

During the year, repairs and refurbishments were carried out to the property at a cost of £2577.00.

Sundries items amounting to £12486.00 is mostly for disposable crockery and cutlery provided at Thursdays and other events during Ramadhan and Moharram days amounting to £5826.00. Other items included virgin media £576.00, Sky £278.00, Imambargah cleaning costs of £1000.00 and other sundries £4806.00.

Resident Alim’s fees are mainly his travelling and sundry expenses during the year for conducting Thursday programmes, Friday prayers and Eid prayers.

For the year ended 31 December 2023 there was a shortfall of income over expenditure of £4918.00 which was deducted from the accumulated funds which now stand as £205665.00 represented by Freehold property £203,920 and cash at bank £1745.00.

Cash at bank at 31st December 2022 is £1745.00 which is balance at 31st December 2022 £6663.00 less expenses over income for the year 31st December 2023 £4918.00.

It is hoped that the charity will continue with its activities of providing the needs of Shia Muslims communities in future years and it is strongly hoped and expected that the next Europe’s largest annual Majlis will take place during 2024

During the year Mr Shams Kanani one of the trustee resigned on 18 July 2023 due to his poor health.

Post Balance sheet event. On 12th July sadly Mr Shams kanani a former trustee of the charity died. On 1st August 2024 Mr Jon Abbas Syed (formerly known as Syed Jarar Mehdi Raza) resigned as the trustee of the charity.

By order of the Board of Management

Mr Syed Mahmood Hussain - President

Mr Syed Nasir Abbas Jafri - Secretary

Mr Syed Azhar Sibtain – Treasurer

Dated 30 September 2024

----- Start of picture text -----
ANJUMAN GULAMAN - E - HAZRAT ABBAS (AGHA)
Income and Expenditure Account
From 1st January 2023 to 31st December 2023
INCOME £
Subscriptions and Donations 77,630.24
Contributions towards Majaalis/Milad & other
expenses by third parties 107,476.00
185,106.24
LESS EXPENDITURE £
Reciters/Scholars Fees and Fares 77,660.00
Food and Refreshments for Majaalis/Milaad 62,780.00
Insurance 1,453.68
Council Tax & Water Rates 1,951.31
Heating & Lighting 6,166.54
Repairs and Refurbishments 2,576.90
Sundries/Disposable items 12,486.03
Resident Alims Fees 14,415.00
Advertising for Markazi Majlis 4,350.00
Rent of Hall and Marquees 6,184.99
190,024.45
Excess of Expenditure over Income for the year
ended 31st december 2023 £ 4,918.21
----- End of picture text -----

BALANCE SHEET AT 31 DECEMBER 2023

ASSETS Freehold Property 2 Lorne Road, Northampton NN1 3RN Cash at Bank LIABILITIES Income & Expenditure Account Balance at 31 December 2022 Excess of Expenditure over Income for the year ended 31 December 2023	£ £ 203,919.60 1,744.86 £ 205,664.46 210,582.67 4,918.21 £ 205,664.46

BALANCE SHEET AT 31 DECEMBER 2023

ASSETS Freehold Property 2 Lorne Road, Northampton NN1 3RN Cash at Bank LIABILITIES Income & Expenditure Account Balance at 31 December 2022 Excess of Expenditure over Income for the year ended 31 December 2023	£ £ 203,919.60 1,744.86 £ 205,664.46 210,582.67 4,918.21 £ 205,664.46