REGISTERED COMPANY NUMBER: 05452542 (England and Wales) REGISTERED CHARITY NUMBER: 1116186
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 May 2023
for
Jalalia Sunni Jami Masjid & Islamic Education Centre
M.F Khan & Co 375 Coventry Roaf Smal Heath Birmingham West Midlands B10 0SW
Jalalia Sunni Jami Masjid & Islamic Education Centre
Contents of the Financial Statements for the Year Ended 31 May 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
Jalalia Sunni Jami Masjid & Islamic Education Centre
Report of the Trustees
for the Year Ended 31 May 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 May 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
05452542 (England and Wales)
Registered Charity number 1116186
Registered office
150 Bath Street Walsall West Midlands WS1 3BX
Trustees
M A Kadir M Achan S Khan M J Uddin
Company Secretary
Mr. M A Kadir
Independent Examiner
M.F Khan & Co 375 Coventry Roaf Smal Heath Birmingham West Midlands B10 0SW
Approved by order of the board of trustees on 14 February 2024 and signed on its behalf by:
M J Uddin - Trustee
Page 1
Independent Examiner's Report to the Trustees of Jalalia Sunni Jami Masjid & Islamic Education Centre
Independent examiner's report to the trustees of Jalalia Sunni Jami Masjid & Islamic Education Centre ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
MR N KHAN
M.F Khan & Co 375 Coventry Roaf Smal Heath Birmingham West Midlands B10 0SW
14 February 2024
Page 2
Jalalia Sunni Jami Masjid & Islamic Education Centre
Statement of Financial Activities
for the Year Ended 31 May 2023
| 31.5.23 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 16,035 Investment income 2 12,300 Other income - Total 28,335 EXPENDITURE ON Raising funds 3 29,881 NET INCOME/(EXPENDITURE) (1,546) RECONCILIATION OF FUNDS Total funds brought forward 650,599 TOTAL FUNDS CARRIED FORWARD 649,053 |
31.5.22 Total funds £ 26,570 12,475 2,313 |
|---|---|
| 41,358 | |
| 20,934 | |
| 20,424 630,175 |
|
| 650,599 |
The notes form part of these financial statements
Page 3
Jalalia Sunni Jami Masjid & Islamic Education Centre
Balance Sheet
31 May 2023
| Notes FIXED ASSETS Tangible assets 8 CURRENT ASSETS Cash at bank and in hand CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 11 Unrestricted funds TOTAL FUNDS |
31.5.23 Unrestricted fund £ 667,697 25,885 (44,529) (18,644) 649,053 649,053 649,053 649,053 |
31.5.22 Total funds £ 667,865 27,346 (44,612) (17,266) 650,599 650,599 650,599 650,599 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 14 February 2024 and were signed on its behalf by:
M J Uddin - Trustee
The notes form part of these financial statements
Page 4
Jalalia Sunni Jami Masjid & Islamic Education Centre
Notes to the Financial Statements
for the Year Ended 31 May 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.5.23 | 31.5.22 | |
| £ | £ | |
| Rents received | 12,300 | 12,475 |
Page 5
continued...
Jalalia Sunni Jami Masjid & Islamic Education Centre
Notes to the Financial Statements - continued for the Year Ended 31 May 2023
3. RAISING FUNDS
Raising donations and legacies
| Raising donations and legacies | ||
|---|---|---|
| 31.5.23 | 31.5.22 | |
| £ | £ | |
| Staff costs | 12,263 | 10,425 |
| Rates and water | 1,499 | 1,617 |
| Insurance | 2,147 | 1,862 |
| Light and heat | 10,458 | 5,831 |
| Postage and stationery | 1,106 | 154 |
| Sundries | 591 | 69 |
| Repairs and renewals | 809 | 342 |
| Refuse | 385 | 268 |
| Depreciation | 169 | 225 |
| Support costs | 357 | 106 |
| 29,784 | 20,899 | |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | ||
| 31.5.23 | 31.5.22 | |
| £ | £ | |
| Depreciation - owned assets | 168 | 225 |
4. NET INCOME/(EXPENDITURE)
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 May 2023 nor for the year ended 31 May 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 May 2023 nor for the year ended 31 May 2022.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.5.23 | 31.5.22 | |
|---|---|---|
| Average number of employees | 1 | 1 |
No employees received emoluments in excess of £60,000.
Page 6
continued...
Jalalia Sunni Jami Masjid & Islamic Education Centre
Notes to the Financial Statements - continued for the Year Ended 31 May 2023
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Other income Total EXPENDITURE ON Raising funds NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 8. TANGIBLE FIXED ASSETS COST At 1 June 2022 and 31 May 2023 DEPRECIATION At 1 June 2022 Charge for year At 31 May 2023 NET BOOK VALUE At 31 May 2023 At 31 May 2022 |
Freehold property £ 667,191 - - - 667,191 667,191 |
Unrestricted fund £ 26,570 12,475 2,313 41,358 20,934 20,424 630,175 650,599 Fixtures and fittings Totals £ £ 15,586 682,777 14,912 14,912 168 168 15,080 15,080 506 667,697 674 667,865 |
|---|---|---|
continued...
Page 7
Jalalia Sunni Jami Masjid & Islamic Education Centre
Notes to the Financial Statements - continued for the Year Ended 31 May 2023
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other loans (see note 10) Other creditors 10. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Private loan 11. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS |
At 1.6.22 £ 650,599 650,599 Incoming resources £ 28,335 28,335 At 1.6.21 £ 630,175 630,175 |
31.5.23 31.5.22 £ £ 44,400 44,400 129 212 44,529 44,612 31.5.23 31.5.22 £ £ 44,400 44,400 Net movement At in funds 31.5.23 £ £ (1,546) 649,053 (1,546) 649,053 Resources Movement expended in funds £ £ (29,881) (1,546) (29,881) (1,546) Net movement At in funds 31.5.22 £ £ 20,424 650,599 20,424 650,599 |
|---|---|---|
continued...
Page 8
Jalalia Sunni Jami Masjid & Islamic Education Centre
Notes to the Financial Statements - continued for the Year Ended 31 May 2023
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 41,358 | (20,934) | 20,424 |
| TOTAL FUNDS | 41,358 | (20,934) | 20,424 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.6.21 £ 630,175 630,175 |
Net movement in funds £ 18,878 18,878 |
At 31.5.23 £ 649,053 |
|---|---|---|---|
| 649,053 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 69,693 | (50,815) | 18,878 |
| TOTAL FUNDS | 69,693 | (50,815) | 18,878 |
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 May 2023.
Page 9
Jalalia Sunni Jami Masjid & Islamic Education Centre
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 May 2023 | ||
| 31.5.23 | 31.5.22 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 15,055 | 17,540 |
| Gift aid | 980 | 9,030 |
| 16,035 | 26,570 | |
| Investment income | ||
| Rents received | 12,300 | 12,475 |
| Other income | ||
| HMRC JRS Grant | - | 2,313 |
| Total incoming resources | 28,335 | 41,358 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Wages | 12,088 | 10,303 |
| Pensions | 175 | 122 |
| Rates and water | 1,499 | 1,617 |
| Insurance | 2,147 | 1,862 |
| Light and heat | 10,458 | 5,831 |
| Postage and stationery | 1,106 | 154 |
| Sundries | 591 | 69 |
| Repairs and renewals | 809 | 342 |
| Refuse | 385 | 268 |
| Depreciation of tangible fixed assets | 169 | 225 |
| 29,427 | 20,793 | |
| Other trading activities | ||
| Subscription | 35 | 35 |
| Support costs | ||
| Management | ||
| Telephone | 357 | - |
| Finance | ||
| Bank charges | 62 | 106 |
| Total resources expended | 29,881 | 20,934 |
| Net (expenditure)/income | (1,546) | 20,424 |
This page does not form part of the statutory financial statements
Page 10