Charty règistration numbgr 111S472 NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 1 JULY 2023
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID LEGAL AND ADMINISTRATIVE INFORMATION Trust••s A£ Uthamrned S Islarn IAS Moof AA Hadi la Hussn Charlty number 1115472 Principal add$ The te Hse Granger Park Roa NeW$tIe upon Tyre Tyne and ErYJLarKI NE4 8RG Auditor Rfthon Lw"dlerAttountanls Linil FÈrnw¢(Kl House FeirwKKMJ Road JesrThx N&aStle upon Tyrte Tyne and Weaf EryLaTrJ NE2 1TJ
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID CONTENTS P490 Trustees, repori Independent auditor's few)rt Slatement of ffianrjal acb¥th"es Balance shéet Statement of cash tlcws Notes io the fnanc4al slatements 10-15
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID TRUSTEES, REPORT FOR THE PERIOD ENDED I JULY 2023 The trustee5 present Iheii reKXYt aTKI finan(Jal SW¢nnts Ihe Pwic•J erKJed 1 2023. The financial slai¢ments ha¥& been preed fb accordance with the au1¥ ¢$ sel out in tK¢le I to the financial slalements arKJ comply wrth the tharfjy's gobymw dI)Men1. the Chanlies AGI 2011 afid "A¢winling and Reporting by Charrties." Slalemenl ol Recc%nmended Practi 3pplirAbie to Chant preparing Iheir a(ounts in accordance with the Financial Reporbng Standard applcth the UK #nd Republic ol Iieland IFRS 1021 leffeckn've 1 January 20191" Objoctl¥•# •nd aetlvits.es The prinrip818CINitièS of the Chanty are in xcordance with the slated objedives of th& Charity. namely the advance ol Iarn and rdated serwces lo the c(Knmurwty. and weie as folkjws.. The advancemenl of IsL8m tOh Ihe prO¥iS of daity PWOTS KI tert swieAs. . Provide Muslim fvnefal wayer ser¥e kn the ttrfNnmty. Thé eilucatx)n of Muslim children in aC£Ordw wth ihe l?a¢hings ol awan and Sunnah. The provis)n ol 3yS to Il Clnnity io inckne 9ar events fry ihg eldety the ywth. Special 5erwic3 for ladies Ihrough the wovtsKJn ofdeduted dasses on mallers I1g10 )d $eoJl¥ to ¢hJJe parenling. lilestwe. d(Ynest. SCNial and nWic4 iss. Special 5urgeTio$ lo provth artess for the corfvnunity lo legal. rned. loc31 aulfv)rity and esecled represenlalr¥e5. DedK¥led Gnsel&"n9 as rew'red by the cOmnntr cz¥Keming rnarww, th'vm, 8nd parenting. Taking the knad on intorfatlh ath"wb"es by syomot#YJ inlerfwlh dMlogue in the local Tyre 8 Wtyar ea. Conductkng a regu1 liatson with the Wl authori1$ the wo¥tsi(m ol servrS to thè communrty and the mosque . The stn9 of regular 18cttsrgs aUrlC rwtaith petYom)arMxs ty worha rOnned Islamic Scholars. Prowde high quah.ty Is1wn educ al slI0n5 of Ihe cfjmmunty Raise funds for the rnosque CcSt[uC1KJn prqect an(1 other chwitable wow*nmes . Keep the new Mosq ConstruuiM propd progressing to nexl phase Piovide malrvnonrdl 5eryice Organise days for the children Hokl youth aclivities Loe•l Inltlatlves The mosque clinueS lo arrange Mumla11h open days whth are att¥nded by a cross seth'on of the comnwnrty as well as repTesetrtalNes from s¢v¥ral Ic¢al aLrthority and s18tutory a)eS Lod by Ihe Imam. members of the committee and volunteers or9anise and hold seveTal relybous sefflinar5 and communtty related evenl$ lo engage in Int faith dlogUe and intra lailh thalogue In Ramadan and for the Iwo Eids the rrwue conduct5 Eid prayer5. Also. we laise with local polirE and ¥diinteer5 in tiaffir arrdngefftents to mi)wntse diStUrbae lo the lesidt$ and traffi¢ durirrfJ Ihe xtended CongregalK) wayers Sister group tribUte by organtsng ckn"table arrtl aCtlb"e$ tor the ladies and children. Thwr involvement has ralsed the¥ sett-c0nfidenr and reduc8d thoif Ikelihcx)d ol being s13 isolaled
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID TRUSTEES. REPORT ICONTINUED) FOR THE PERIOD ENDED I JULY 2023 ernr5 bek)EYJ to different fatths and o)mrrrtJnty receive Ientalion atrwl Islam through out mosque's ¥en days. resulting in wder s¢xd integ{at and build mutual trust and understanding between communitie$ and rts leajership We aso invite k)cal prim schoL4 Students and leher5 to Visit the m05que as part DI Iheii relyiou3 SILtd$ and g¥e them an onenlahon Into Islam The rTY)sque aso takes part in Y10S fiNthi5ry athl11 akng wrth other ¢hariti¢$ for major disasteis and pandeny¢s Volunteers The Truslees wvsh to record Ihew apprecTratn on behall of Ihe Mosque and community for tr volunteers who a55151 in the smooth rU[lg ol Ihe Charrty and are 111¢1 in holpin9 to keep Ihe nJMiNJ cosls down. No vdunieers werè reMUrated in year. Publlc bèn8fit The trustees have had regard lo Ihe Charit5 COMNSsion gubdance on putt benefil. We are proud of the inrtialives we have del'vered lo the berit ol Ihe kul and WeT community and have fUlled our charrtable aims and objectives. Achlevements ar perfomiance The Charity has conmued %Yilh the aciNities as in Ihe prewous years. narnely the advancement of151am and reled services lo the community in the a. The Phase 4 Constructi completed the whde structu. Thè next stagè ol conslructk)n invofves the rt8mat as knl. pbjmtxng. h8atwu. plastering. tiling. toilets, and wa5hiTr3 areas. Rtsk Review The Trustees have rA)[KlUd Iheir re¥vw of the major risks lo whith the mos(we is exposed. arKI steps have been initiated lo m#iimisg the H1entrfd risks. All fUnctiS ol the mosque are subpcted to periodic review. resulting in a process ol ongoww inwovenwl. AM st4ffs we trained and habe all Ihe reryred statutory arvj regulatory clearJns required. In addiliffi. all speakers who are alowed a F4atltym al Ihe nwue have due dilynce cormjucted and material vetted piior lo &dre55ing the attendee5 al Ihe m5que. The impacls Irom the COVID-19 pandem have eased thrwjhoul the year the trustees ren)ain vigdant and aware of these risks and perform regular re¥iew5. Rr4k poli¢y The trustees has assessed the maj'or risks to the d)aFrty 15 exwsed. p $alisfEd that systems aro in place to mrtale exposure to the maior risks. Future plans Over the coming fin¢•9[ year, Ihe trustees are planring furt work in ratfi CrStrUcts" olthe Mosy. Structure, govemanGe and management Governing document The Gharty is wnlroled by its gmtning (k%unwl. a deed of ITU$t and constrtutes an unincc¥F¥Jrated charity.
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID TRUSTEES. REPORT (CONTINUED FOR THE PERIOD ENDED 1 JUL Y 2023 The Irustees who served during the PerK¥J and up to Ihe dale ol si>Wufe ol the finanaal statenIS were". AB Mohammed AAimal TA Bin Slmart S Islam D Bouchelouche AE Al-shareedah MS Mahrotsf AA Hadi PA Hu5sai {Regned 28 Noveth 20221 (RegnOd 30 June 20231 {Resiwd 30 June 2023) Rgcruitmont ppolntment of new trustees The existing Irustees are re5pongble for the rewling of new Iwslees bul m doing so the Iruslees seek the and recommendalions ofothefs. Stst0m•nt of truste. responsibilities The Irijslees are rÈ¥x)nsible lor preparirBJ the Tru8te¢s' Rep •)d the stalements in accordan wrfh applicable law and Unrted Acc%)untkw Standards IUThted Kingdom Generamy A¢cepled Accounting Practtcel. The law applicable to thariltes in England and Wale5 rewre5 the Iwstees lo pr¥pare fin181 statements foi each f¢nancial year whKh grve a Iwe arKI lair v¥ew of Ihe state ol #llairs of Ihe eharity and of thè Incoming re$ources and applrats'on of resour¢es of Ihe charty tjr Period. prewing these finaniial $tattynents. the Irustees ¥e requred to." - seknl sultae COUn1ry polKiB3 aThJ ithi app them Consist1.. - obseNe the methods and prinapl85 in tt Charrties SORP.. - make ju($JeMls and eslinales that are ffjasonable pdent. Stat¢ whtrlher 4)plable standar(ts have been fdltywed: wbJ'e¢l lo material departures disclosed explaned in the fv)3ncial $lalemet)ts", prepaie Ihe financial sialemenls on ihe wwig corKem b85is urless it 1$ inapprwiale to presume Ihal the charrty will continue in opeiab'on. The Iru4ees are ieswnsible tor keeyng sirfficEnt acuwnling reuxds thai disdose wth reasonable acGuraGy al any lime the finan(ial posthon of the ¢harrty and enable them io ensufe thai the finCkl stateménts comply wilh the Chariti8s Act 2011. the Chafity (Accounts and Rems) Regulatirms 21108 and the provisions of ihe trust deed. They are also responsit4e for safeguarding the asset5 of the tharily and hence lor lakw reasonable steps for the preV110n and deleGtion of fr3LFd and olher irregularitEs. The Irusleos. Ptrrt w s approved by the Bowd of Trustees. AB Moh•mmed Trusiee Dated" 25 July 2024
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID OpSnlon Vve have authted Ihe fir}aal 5ts1etTEn13 of NewGasUe Central Mowue Masjid Al-Tawhid (the 'charity'l for the Period ended 1 Juty 2023 whieh ¢ompnsè the statèment of finantsal activtliès. thè balance sheet. the statement of cash flows and notes to the finanoal statements. indIng &gnifant accvuntvlg pohrye5, The finanrya ceporling fr¥mgwgrk that has been applied In th&r preparatn Is appl£ab law and Uniled ngdoM Accounts"ng Stsndafds. induding FinancLal Reportirvj Standard 102 Thfr Finanual R6POrtiw Standard applicabk in Ihe UK R&public of Irgland (United Kingdom Generally A¢¢eF4ed Actnn9 Pr%1e). In our opiNon. Ihe Iliala1 statements.. give a tru¥ and tsir wew of the stale of clwrtls affairs as at 1 July 2023 afid ol ts in¢om¥)g resourrAs and application ol resources. foi Ihe Period then ended. have been proporty prepared m ac0Ydar wih Ur¥ted Kyhgdom Gwaly Accepted Ac£oLmling Pr%tice'. ¥nd havè an prewet1 in accordance wrfh the requirements of the Charibes Ad 2011. Bo$18 for opinh)n We Cotsuc1ed our audit in accordance wrth lnlefflab.onal Slandaols on Audit9 IUKI IISAs (UK)) and ¥plicatle law. Our reswmsibilil under those standards are fvrther described in Ihe AuthiDrs ffjssx)nsJth"Miès for thè audrt of the fir>Arici81 sialem1tS section of our report. are in(Jependent of the charity in accordance with the ethical requirements thal are relevant lo our atKJrt of Ihe finanoal 5talement5 Ill tl UK, w)cluding the FRC'S Ethical Standard, and we have lulfilled our othèr hCal rèssx)nsibilrts in accordance with thesè requifetngn15_ We believe that the audil ewdenct we have cètaN& 15 sufficient appropnate to a ba515 for our opw¥m. Concluslon$ rl#iirtg to 9olng ¢ont•rn In audrting Ihe fnarKo1 statements. we have ¢(x)duded Ihal Ihe tru$lees' use of gong cortern basis of accountsng in the preparation of Ihe financial siaiements is 3ppr(waie. Based on the work we have performed. we ha4 nol Iden1rf any malena tWerteS rding lo 8v)ts or condilions IhJt inlduallY N coueclivdy. may cast significant ¢SJubl on the chafity's ability to continue a5 a going concem tor a period of al least tsvefve month5 trown w the finan(xal stslemen15 are aull¥)ri58d for issue. Our responsibifities and the respons1"1rt1es of Ihe Iru5tees respecl to going cuKem are described li the tevanl secth'ons ol this Teport. oth•r Inforn)#tlon Thè othèr Infoirnat c(*nprises the inlomwl'on induded in Ihg amual report oihor than the finants•l $ialèmènts and our audrtols port thereon. The Irustees are respOnt4e for ihe other Trnfo(malion containe(J wrthin the annual report. Our opinion C the fir81 statements does T1 cover Ihe other InfotmatK)n atKI we do not presS any form ol assurance condusion thereon. Our resps1b1Y 15 to read the othw Informatk)n and, in doing so. considèr whether the other l0MatH)n is malerialy inconsislenl with the finanoal statements or our nedge obtained Ihe course of the audit. or otherwise appears lo be matenaly mi5State(J. If we identrfy such material inconsislencies or apparent matenal misstatements. we are ieqimred lo determine whelhèr this givès f4Sè lo a matèrial misstatement in the linanci21 sl3lementS Ihemsefves. If, based on the work we have perfornied. we rnndude that the is a maleTial misslatemenl of Ihi5 othei 1nfcwmatl. we are requiwl lo rel thal lacl. We have Mlhiry to ieport in this regard. l•lattern on whkh wg arg rgqulr•d lo rnport by excepuon We h?¥e nothing tts r¢wrt in respect of the lokniing ntt¥S in relatK)n lo which the Charities IAco)unl$ aThJ Reports) RÈgulats"ons 2W8 rèquire us to report to you rf. in our opinn.. the Irblormalion given in the ffinan¢)al $talenntS B inc4JnSiStent in any matenal respè¢i wth the trustees, report.. or sufficient acwjnling records have not beèn kept.. or the finanual statements are not in wjreement wrth the a¢vnI2 re($". or we have rK)I received al the inf0Ymatll arKI expbnabons we tequire fty awjit.
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF NEWCASTLE CENTRAL MOSQUE MASJIDAL-TAWHID Résponslbllit"es of trustees As explained more in the slaterrenl ol trusÈs' respons1.1"e5. Ihe trustee5 are re3ponsiNe for the preparalK)n of the finan¢ial $iatements and lor beiThJ satlsfied ihat they gbve a true and lair we4¥. an(J for Such internal Gonlrol as the trustees determine bs necessary 10 enaiqe Ihe prep¥aln of f¥wal statements that are Iree from matèrial mi5Stalemenl, whelher due lo fraud or èrror. In preparing the financaal slalements, the trusiees are resP)nYb for assessing the ch3r1ty"s ablrty to contsnue as a lI¥j concem. dtsdong. as applicab. matters related lo gory concem and u51ng Ihe g¢)mg ba$ ol actovnbng Ihe tru5te0s •ihw inlw)d to ase (werabons. or have no realislr allemabve bLtI io do so. Audttorfs responsibilities for the alIt of th• fin•nel•l stalen11$ We have been appotnted as audilor under Sect 144 of the Charitie5 Acl 2011 and TeFNy¢ in accordance with the Act arKI ielevgnl rwda1nS made or hawg eff&t Iherwjndw. Our objectives are to otjtain rea50nalAe assur( abcyJl vthelher the fnanrjal Statements as a wfv)le are free from material misstate1, wheiher due lo fraj or eTror. and lo issue an audrtofs report thai I15e$ our opinion. Reasonable assurarte is a high vel of assurarth bul is a gtsaraniee thai audrt conducled in a¢¢ordance wrth ISAS IUKI will always delecl a rnaler misstalemenl when rt 15. MIs5tatements can arise from Iiaud ewror and are conwdwed maleria if. indmduaty or in the a99regale, they could reas(mabty be exKcled to influence the ecof10m deusions of users tsken Ihe basis ofthese slatemtS. The eylonl lo wFM¢h 0r proeS we CaPae of deledw Iw[egleS, induding fraud, ts delled below. The risk ol malerial misstatement to error crf fraud ha5 been assessed in conNmcb"on wth inlemal contrd5 may mitigaie any such nsk. These controls a revw4ed as part ol the audrt by performing systems walKthroughs to ensure Ihey a operating effectively. Other s(tslantNe tesb"n9 is also perfomwd on all Materi baLceS and therefore any insiartes of non-complkirKe Ld be identifd or conwdered as Insignificanl. In enth.fylng and ass8ssing nsks ol matpJAI misslatemeni n r8sp8(a ol e9v.1S: indut1Aig fraud, the audit engagement leam. 'oblained an unders1dIrj of Ihe nalU of the industry se¢t(. indvding the al and regulatory framwork, in which the charity orerales and how thè chanly compl$ thlh that legal and regulatory Ifamewo iiquired with management and Ihose charged wrth y)vemance about thwr Mlenth'ficalion and assessrnenl ol the iisks 91 irregularities. inchJdTrvJ any know adual. 5uspedeil (x alleged Instances ol fra1 . discussed wjth management and Ihosg charged wAh 90vernafi any non-complance with law5 and regulation5 and fraud might occur includin9 assessments of hcw arKI ere the finanaal 51aletnent3 may be susceptible lo fraud. The risk ol managefflent override of eontrols was also c1Jndered an of potenlial moslatenEnl due lo fraud. Audit procedures perfomied incJded le5firvJ ol nwnual N)umal entrie$ and other adjusimenls and evaluating the business raiionak in felab.on to signifKant. unusual Iranwlions )d iransacbon5 entered 10 outside the nnI41 COU15e of bu5ine%s. A lurther descnptson ol our resrN)nsibths is available on the Finanua Reportry C0Cl. websit0 at" https'.11 .frc.org.ukJauditorsresponsts"lilies. Thi% desuiptxy) fcffms pwt of rMJr aLKlrtorfs wwrt. Other maltvrs Your allenltt)n is drawn lo the lact that the has ppared finanual slaiemenls kn accordance wilh "Accfjunting and Reporting by Charities. Statement ol RecornmÈnded Pra athbIe lo chanties preparing their accounts in aCCordare wilh Ihe Finanual Repotbng Standard awicable Ihe UK and Republ ol Irdand IFRS 1021. (as amendedl in pielerencE lo the AGcoun1ing and Reportw)g by Charibes.. Statement of Reo)mm8nded Pra¢li¢è Issued on 1 April 2005 which 1$ referred lo in Ihe ex1 régulations bul has ncw b8en wdhdr¥wn. This has been (k)ne in ¢xder foi thtr finanoal StstenIts to WON•1e a true and fair vthy in accudancè with current Generalty A¢cepled AttounliNJ Pr¥b"ce.
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID Use ofourreport This report is madè solely to the charity's trustees. as a body. in accordance with part 4 of the Charities IAco)unls and Reports) Regulations 2008. Our audit Wofk has iEen undertaken so that we rnh1 state to the charify's trustees Ihose matters we are require(I lo stsle lo them in an auditor's rerxxl and for no othèr purpose. To the fulest extent permitted by law, we do not accept OT assume responsilitY to anyone other than the charity and the eharily"$ trusl¢es as a body, fLY OUT audit work, ts this rewrt. Of for the op•iN5 we have IoTmed. Robson Laldler A¢¢ountsnts Limtled 2S Juty 2024 Chartered Accountants Statutory Auditor F¢mwotsJ House Fernwr¥)d Road JesTrd Newcastle upon Tyne Tyne and We England NE2 1TJ Rcl)son Laidlei Avntsnts Limrted is efigifAe appoinlmwrt as audrt of the thafty by of its elybilrty for appointrr*nl a5 aUdrt of a company under seCtn 1212 of thg CompaThes Acl 20[.
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED I JULY2023 Unrestricted funds 2023 UnrKtri¢t•d funds 2022 Not•8 In¢omè and èndowments from: Donations and legacies Olher income 751.018 523.509 20,673 Total In¢omè 751,705 544,182 Expenditure ¢)n: Raising lund5 Charitable %liiiies 39,761 278,414 107,088 160 537 Totsl expendrture 318.175 267.625 N•t in¢ome and nwvement in funds 433.530 276.557 R•con¢ifiation of funds: Fund balancès at 2 January 2022 4,554.189 4.277.632 Fund blanc•• at 1 Juty 2023 4.987.719 4.554.189 The slalement of anCIal acimbes includes all gains and hxs¢s recognised in the Peiicé. All Irne arKI expendrture den've (rom Gontinuing
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID BALANCE SHEET AS AT I JULY 2023 2023 2022 Fix8d assgts Tangible assets 11 5.278.818 4.966.510 Current ¥¥¥ts Cash at bank and hand 268.271 98.039 Crgdltors.. amounts falllng du• wfthi one year 12 557.370 512,3e current liablS 1289,Wl 1414.3211 Total assets less current liabililie8 4,987.719 4,554.189 The funds ol th• charity unreStrled funds 4.987.719 4.554.189 4,987.719 4,554.189 The financial stateffnt5 were approved by fv trustees on 25 Jtty 2024 AB ohafflrn Trustèè
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID STATEMENT OF CASH FLOWS FOR THE PERIOD ENDED I JULY2023 2023 2022 Cash flovrn from op•ralln9 activities cash generated fr¢Jm cperalMs 16 476.102 347.418 Investlng a¢thflll•s Capital nstru¢1)n costs 1310.570) 1588.713) N•t ¢•sh used in invostiftg activilig 1310,570) 1588,7131 Flnancing a¢lJ¥ltl88 Addrtional bOrrwgS 107,5 N•t cash gen•rat•d frnm finan¢iNJ activitie¥J 4.700 107.K)O N•t Incrnas•lldecr•as•l in cash and c•¥h equivalont¥ 170.232 1133,7951 Cash a1 cash equNalents al beginnirvJ ol Per 98.039 231.834 Ca¥h and cash twlvalents at end of lIOd 268.271 98.039
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED I JULY2023 Accounting polici Charfjty lThfr•rnMtion Mew¢aslb Cw)tral Mosque MasJHI Al.Tath#J i% an wwwrwated b(x1y Idwrty number .'11154721. 1.1 Accounts'ng convention The financial slalernenis have been prepared in aCcOrdae wth the chaTty's govwning document, lh Charities Act 2011 and -AGcounb"ng and Rewthng by Charities" Statement of Recommended Pr3Ctice apphcatrAe to ctharittes prepamg Ihwr xo)unis accordanc£ the FinanrAal Reporb'ng Standard apphcaLle in the UK and Repubhc ol ITelaThJ IFRS 1021 leffectNe l January 20191.. Th& tharity i8 a Public Benef(t Entity as deffied by FRS 102. The financial statements have departed from the Char.e5 IAccounts anil Rep>tsl Regulations 2C08 onty lo the extent required lo provide a Iiue fair wew. Th dewture has invdvèd following the Statement ol RecOmnded Pradi( r(x eharits.ès apptying FRS 102 rather Ihe vor5ion of the Staittment of Recommended Praclice thch is referred to In Ihe Regulatiot)s bul wtyth has sIe been wilhdiawn. The [ine11 slalemÈnts are prepared ffl slethj. %thich is Ihe fiJTrinal (yjfferq ol the charily. Monetary amounts in these financia stalernents a rounded lo the nearesl £. The finanei81 slaiements have been prepared under tho histCal o)st convention. The priwpal 8ccounting pOIleS adopted are sel out bek)w. 1.2 Going concèm A¢ the time of approwng the financial slat8ryents. the trust have a reasonable expèctation that the charity h¥& adequate rosources 10 continue In ¢¥)eTaknonal existence for the lore5eeable fure. Thus th¢ trustees continue to adopl the gong basr6 of accwnting in preparing the faal stslemenls. 1.3 Charitat>lg fvnds Unrestricted lunds * 3valAe lor usè at Ihe dtscxetirm ol Ihe trust8es in furtheranc8 of ih•r ¢haritat4e objectives. ResliiGted funds ale svbject lo spe(ifL condi11 by d($ or grantors as to how tw may be uséd. Tho PUfPOSOS and uses ol the reslvicjed IlwlS sel &Jt in Ihe notes to the finanL¥al Statements. 1A Income Income is recognised when the chanty PJ legally enlthed IL) rt after any Ffomiance Con(titIL have been mel. the amounts c3n be m¢asured liably. and rt is probable thai Incon 11 be rwNèd. C¥$h dortat$ ¥¢ feccgnised on receipt. Other donati5 are recognised once the thanty has been nOtid ol the donation. unle55 perloimanGe wndthon5 i¢qiiire deferyal ol Ihe amount. Income lax recoveratAe in latron to donab'ons reI¥6d under GIft"d or déeds ol rth*nanl is récowised al the tHne ol the donalion. 1.5 Exponditur• Liabilities are recogni8ed as expendilure as soon as there rs a legal ry constnK#ive oblpja1n ¢ommrtting Ihe charity lo that expendrture. rt 15 probaiAe that a transfer of e¢0Mi¢ benefils wll be fequiied in selllemenl an the &mounl of the obhgalion can be fflea5ured rÈliabty. Expèndiiufè is accounted for on an accnjals bas15 and has been classified under headings that aggregate all cost relaied lo the category. lther¢ eosls cannot be directly attributed lo parts'(yJlar Ia95 Ihgy hav¢ been alkxaled to "¥i11e5 on a basis cMsislenl with the use of re¥otJrces. 10-
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED I JULY 2023 Actountsny policies Icontinugdl 1.6 Tangible fixed asuts Tangible f1xed as5ei$ ¥è inibaly measured at Cost aTrd subsequenty measured at C051 or valu8tKsn, nel ol d¢pre¢iation any ImpentIo85e¥. DepreeialKn i8 recognised 50 a5 to writo s)11 Ihe of vuatiOn ol assets less residual vkn5 over their useftA lives on the folhy44i)g bases., ant and wiipmenl 25% roducing 1.7 lmpa1rnnt of fixod assets Al e•¢h reporting end date. the charrty rewews the ¢èrryiThJ amounts 01 rt5 tangible assets to dele¥rnine whether Ihere is any dIcatIon that those assets have suffered an Impaim)enl loss. 113ny suth indication ex1518. the coverable amou of the asset is estima18d in orrtw to detwmine the extenl ol the impairment loss lif anyl_ 1.0 Cash and cash equivalents Cash and c35h equ¢valents Incbjde cash in harmt. dep05it5 held al cal wth banks. other short-t8rrn &4uid investments wrth original matwrties ol three n1hS c less. and bank overdrafts. Bank ovefdfafts are shown within ts)rrowings in cwrenl I'akn"lrtie& 1.9 Tax•Uon The charity is exempl Irt>m tax on its chwtstle aclmbes. Donations and legacies Lknrgstrictsd UMeStrled funds fjJnd3 2023 2022 Donions aThJ gths 751.018 523,509 Other incom• Unrg¥trict•d Unrestiicted lunds fund$ 2022 Other in¢ome CJRS 1me 1,533 19,140 687 20,673 11
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 1 JUL Y 2023 Expendityrn on r•isiMg lund8 Unw¥girtcted Unrestrocted funds furKI¥ 2023 2022 FundrJi$ing and publi¢Sty Fundraising costs 39.761 107,088 Expondityr• on Charltablè acts"vlties Charitablè activiti0¥ 2023 Charitable ietivities 2022 DIT•et costs S13ff and teathors costs DèCIall0n and imp8•mienl Rent, raies & water Insurance Light afjd heal Telephone A(fvèrtising & subscriplions Cleaning & sundries Repairs & renewals Prayer & Ramadan expense5 Covid food charity experbse5 Children's prc¥Jramme expenses 145.938 2262 1.312 43.001 14,369 2,223 2,301 11,478 92.635 2,011 1.173 23.464 6.460 1.461 3,753 3.243 2,OS1 1.189 9.775 4,769 22.603 8,221 281,338 151,994 Sh•rg ol Support and governance costs Isee 61 Support Govemance 3,951 13.125 3,298 5.245 278.414 160.537 Analysis by fund Unrestflcted funds 278.414 160.537 12-
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE PERIOD ENDED I JULY 2023 Support costs allocat•d to aCtIv 2023 2022 Bank charge8 Govefnan¢e $1$ 3.951 13.125 3,298 5,245 17.076 8.543 An1•d b•hYeen: Charrtabte adJ"vrties 17.076 8.543 Auditor's rwnun$rntlon Fees payaAe to the chanils auditor and a350¢iate$'. 2023 2022 For •udi¢¥•r¥Sc•s Audit of the ala1 statemen15 of the 6.636 4.200 Tru$t¢•s None ol Ihe InJSe$ IOT any pe1 C4)nnecleO th Ih8ml rec8Ned any remunèrab.on or b8n8fits from the arity during the Period. Employees The average monthty twmber of empkjyees dunng Ihe P)d was". 2023 Numb•r 2022 Number T¢aGh¥rs AdministratM)n 14 15 Total 18 18 Ernployment C03ts 2023 2022 Wages and salwies 145.938 92.635 There were rto employees whose annual rprrKwabon was than £60.OCO. R8muneraUon ol kèy managemènt personn The Trustees consKJer thal Th) rnO is pa#1 lo key mJwJÈment. 10 T¥xativn The charity is exempl frrAn taxatTron ¢)n its because all its in(aTh 15 applod fry d)an'table PUTposes. 13-
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE PERIOD ENDED I JUL Y 2023 11 Tanglblt flxed assets A8¥9ts uvd•r COII8IIUellon Plant •qulprr•rt Yothl Co81 Al 2 January 2022 Additions 4.962.475 310.570 19.070 4.981,545 310,570 1 July 2023 5.273.045 19.070 5,292,115 Depre¢iatb)n and Inwlrnnt Al 2 January 2022 Depreaat)n charged in Ihe ptir 13.035 2.262 13,035 2,262 Al 1 Juty 2023 15.297 15,297 Carying amount Al l July 2023 5,273.045 3.773 5,276.818 Al 1 January 2Q2 4.*2.47S 6.035 4,968.510 12 Creditors: amounts tslllng due wSthln one y 2023 2022 Borrowings Accrua15 and defetred I0 441.010 116.360 436.310 76.050 557.370 512.360 13 Loan5 and overdrafts 2023 2022 Olher loans 441.010 436.310 Payable wthin one year 441.010 436.310 14-
NEWCASTLE CENTRAL MOSQUE MASJID AL-TAWHID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED I JULY2023 14 Unréstrictsd fvnds Th• unre8lricted funds of the Larty comrmtse the u1wfNJed balances of donatic5 and grants whh ar not subJ"Ècl to speafK 0dItIOnS by donors and grantrys a5 to how they may be used. These IncIle designated lunda whth have been sel as¥Je out ol unfesitKteO Iwmts by the tfuslee5 lof ¥pear purposes. At2 Jawary 2022 Incominy resources Resources At 1 Jufy 2023 expendd General funds 4.554.189 751,705 {318,1751 4,987.719 Pr•vlous yèar.. At 2 January 20 Incoming resources Reowces At 1 January expended 2022 Cneral luNts 4,277.632 544.182 (287.6251 4.554,189 15 Related party trnnsacttons There were no di5ckisaile related poty trandIonS during the Period (2022- none). 16 Cash ted from op•rnllons 2023 2022 Surplus for the Period 433.530 276,557 Adjustments for.. Depreoalion and impaimenl Oft Ted assets 2.011 14lovements in wc**ing cw"lal'. Increas8 in creditors 40.310 C•$h wn•ratsd from 011t10n$ 476.102 347.418 17 Analysis of chang•i in n•t Id8bt)Ifund$ At 2 January Zts22 Cash flow¥ A11 July 2023 Cash ai bank and in hand 170.232 268.271 Loans tsf•"ng due wth"n one year 1436.310) (4.700 <441.0101 1338.271) 165,532 {172.7391 15-