HACKNEY ISLAMIC COMMUNITY CENTRE Report of the Trustees and Unaudited Financial Statements For the year ended 31 March 2025 Charity number: 1117069 (England and Wales)
Contents Introduction............................................................................................................................................ TrusteesAnnual Report................................... Objectives, activities and achievements..................................................................................... ....... Other information.................................................................................................................................. Independent Examiner Report........................................................................................................... Financial review... STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025................................ BALANCE SHEET AT 31 MARCH 2025................................................................................................ 10 Notes for the accounts....................................................................................................................... 11
Introduction Registered Charity Name: . Hackney Islamic Community Centre Tlas Masjid Daar Al-Hadeeth Registration Number: 1117069 Registered Address: _ 150 Homerton High Street, London E9 6JA Trustees: _ ames 018 Ibrahim Saeed Mohamed haimian atma Osman Ahmed rustee akiim Kiggundu amule ohammad Forhaduddin alik rustee rustee aeed Mohamed Ahmed rustee Independent Examiner: . M KashifAnwar-AFA MIPA TaxAssist Accounlants 14 High Road London N156LS Tel: 0203 794 8788 Email.. mkashifanwar@taxassist.co.uk Bankers: . Lloyds Bank
Hackney Islamic Community Centre Trustees Annual Report The trustees have pleasure in presenting their report and the unaudtted financial statements of the charity for the year ended 31 March 2025. Reference And Administrative Details Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 1 of the financial statements. The Trustees The trustees who served during Ihe period were as follows: Mr Ibrahim Saeed Mohamed Mr Mohammed Osman Ahmed Mr Hakiim Kiggundu Kamulegeya Structure, governance, and management Masjid Daar Al-Hadeeth is a religious organisation established in 2006, it is an independent charity with religious and educational activities catering primarily to the Muslims in the London Borough of Hackney. In summary, the Trust's activities for the year are as follows.. five daily congregational prayers, weekty free classes or leclures. madrasah for the children aged 5 -15 throughout the week and celebrating the two annual Eids. We recruit trustees at the annual general meeting of the Charity. The members elect from amongst themselves a secretary, treasurer. and any olher member that may be required to hold office from the conclusion of that meeting. Method of appointment of Trustees and policies adopted for their induction . Appointment of charity trustees Apart from the first charity trustees, every trustee must be appointed for a term determined by the Trustees by a resolution passed at a properly convened meeting of the charity trustees. . Inforniation for new charity trustees The charity trustees will make available to each new charty trustee, on or before his or her first appointment- (a) a copy of the current version of this constitution,. and {b) a copy of the CIO'S latest Trustees, Annual Report and statement of accounts.
Decision making The trustees are legalW responsible for the overall management and control of the Centre and do meetings regularly. The Finan and General Purposes (building) members general meet regularly to consider the tasks delegated to them in respect of financial, building work or any specialist adviser report, which are then communicated to the other trustees at the main board meeting for their deliberations. RESPONSIBILITIES OF THE TRUSTEES The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Apted Accounting practi). The law applicable to charities in England and IlÈles requires the trustees to prepare financial statements for each financial year which give a Irue and fair view of the state of affairs of the charity and of the incoming resour5 and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. Select suitable accounting policies and then apply them consistently. Observe the methods and principles in the Charities SORP. Make judgements and estimates that are reasonable and prudent; State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements., Prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charty and enable them to ensure that the financial statements comply wrth the Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. The trustees are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Objectives, activities and achievements The charity's objective is to provide help for children with the advancement of their faith by teaching them Islamic sCienS and the Quran, provide lectures, activities for the youth and community. We provide a Spa for religious worship. providing religious instruction and missionary work. The charity's achievements are as follows" the completion of Islamic academic curriculum (consisting of Quran, and various other Islamic sciences), fundraising for the charity, sports events for the youth and community, successfully conducting five daily congregational prayers consistently, maintaining and supporting the wellbeing and faith of the community and providing religious counselling.
Other information Class of charitable funds: Unrestricted - The funds during the period 0110412024- 3110312025 was raised through Mosque and online donations. Financial Review The net incoming resources for the year were £ 19,558. Reserve Policy The charrty's reserves at the yearend were £40,111. The trustees have not adopted a formal reserve policy. Signed on behalf of the board of trustees: Signed: 12 Jan 2026 Date.. Name: Ibrahim Saeed Mohamed (Chairnian l Trustee)
Independent Examiner Report CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Report to the trustees Hackney Islamic Community Centre On accounts for the year ended 3110312025 Charity no (if any) 1117069 Set out on pages Respectiv8 responsibilities The charity's trustees are responsible for the preparation of the accounts. The of trustees and examiner charity's trustees consider that an audit is not required for this year lunder section 4312} of the Charities Act 1993 (the 1993 Attl. as amended by section 28 of the Charities Act 2006) and that an independent examination is needed. It is my responsibility to- examine the accounts (under section 43{31 {al of the 1993 Act, as amended); to follow the procedures laid down in the General Directions given by the Cha rity Commission lunder section 43{7llb) of the 1993 Act, as amended); and to state whether particular matters have come to my attention. Basis Of Independent Examiner's Ststement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently I do not express an audit opinion on whether the accounts present a 'true and fair view,. Independent examinerfs In connection with my examination, no matter has come to my attention: statement 111 which gives me reasonable cause to believe that in any material respect the trustees have not met the requirements to ensure that- proper accounting records are kept lin accordance with section 41 of the Act). and accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
12) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date: Name: Relevant professional qualification(s) or body (if any): Address:
Financial review STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 MARCH 2025 Year Ended 31.03.25 Year Ended 31.03.24 INCOMING RESOURCES Donations Madrasah fees Qurbani fuThJs Umrah trips 154,887 14,641 8,035 13,533 191.097 111,924 12,217 4,660 36,571 165.372 RESOURCES EXPENDED Staff cost Staff welfare Rent and rates TeleplTh)ne and communications Printing. postage arKI stationary IT and sofIareS InsurarKe Repair and renewals Social functions Advertising Bank charges Legal and professional fees Qurbani costs Umrah trip expenses Zakat and fidya General expenses Depreciation 57,257 65,676 160 32,470 456 1,706 41,395 472 1,724 1,210 491 9,549 1.012 730 18 1,440 4.610 47,076 3.280 5,099 1.234 15,292 6,956 17 7,558 5,175 17,338 8,916 7,405 824 Total Resources Expended 171,539 175,855 NET MOVEMENT OF FUNDS 19,558 10,483 TOTAL FUNDS BROUGHT FORWARD 20,553 31,036 TOTAL FUNDS CARRIED FORWARD 40.111 20,553 Note: 1 Incomiro reSoUrS relate to unrestricted, restricted & gera1 fuTrJs
BALANCE SHEET AT 31 MARCH 2025 BALANCE SHE AT 31 MARCH 2025 Year Ended 31.03.25 Year Ended 31.03.24 FSxed Assets Fixtwe ar frttirvJs Computer equpmetts 2,471 3,295 2,471 3.295 Current Assets Debtors Cash at bat1( atKI in harKI 29,292 15,164 44456 17,186 1,122 18.308 Current Liabilities 6.816 250 800 1,050 6,816 NET CURRENT ASss 37,640 17.258 NET ETs 40.111 20.S53 FUNDS Tntst blf t irtornros for ttrE year 20.553 19.558 31.036 110,4831 Trustees funds clf 40,111 20.553 TIE finawi81 ststements were approve(I by tIE M8rkqgerrErt LxKnmitiee on 30 Janry 2025 8rKI sigrEd on ttrEir by.. Sg*dc Signed: 12 Jan 2026 Date.. Name: Ibrahim Saeed Mohamed (Chaimian l Trustee) 10
Notes for the accounts The Accounting policies Basis of accounting The financial statements have been prepad under historical cost convention. The financial statements have been prepared in accordan with the statement of Recommended Practice: Accounting and Reporting by Charities {FRS 102 1a) and the Charities Act 2011. There has been no change to the accounting policies Sin last year. The Charity has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cash flow slalement on the grounds that it qualifies as a small charity. Incoming resources All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources. Expenditure and liabilities Expenditure is recognised on an accrual basis as a liabilty is incurred. Liabilities are recognised as soon there is legal or constructive obligation committing the charity to pay out the resources. Taxation As charity the organisation benefrts from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates. Tangible fixed assets Tangible fixed assets costing more than £500 are capitalised and included at cost, including any incidental expenses of acquisition. However, Depreciation is provided on all fixtures and fitting at 25 % calculated to write off the cost on a straight line based over their expected useful lives as follows.. Fixtures and fittings- over 4 years Office equipment- over 4 years Fund Accounting All the funds are unrestricted and are available for use at the discretion of the trustees in the furtheran of the general objectives of the charty.
RESTRicfED & UNRESTRicfED FUNDS YE 31.03.2025 Restrirted Unrestricted YE 31.03.2024 Restricted Unrestricted General- Donations Receipts General Expenditures Net surplu51(deficit) 154,888 133,780 20.308 111,924 108,855 3.069 Umrah Trips Receipts Expenditures Net surplu51(deficit) 13.533 17,338 {3.805) 36,571 47,076 110,505) Madrasah Fees Receipts Expenditures Net surplus/(deficit) 14,641 12,386 2,255 12,217 14,081 11,864) Qurbani funds Receipts Expenditures Net surplus/(deficit) 8,035 8.035 4,660 4,610 50 12