2024-11-30-accounts

AT-TAQWA ISLAMIC & FAMILY CENTRE LTD

FINANCIAL STATEMENTS FOR THE Year Ended 30/11/2024

Accountants

AMA Accountants GBR Ltd Suite 35 -36 The Design Works Park Parade London NW10 4HT

AT-TAQWA ISLAMIC & FAMILY CENTRE LTD FINANCIAL STATEMENTS FOR THE Year Ended 30/11/2024

Contents:

Contents:
	Pages Number
Charity Information	3
Report of Trustees	4-5
Statement of Trustees' Responsibilities	6
Independent Examiner's reports	7
Statements of Financial Activities	8
Balance Sheet	9
Notes to the Financial Statement	10-11

AT-TAQWA ISLAMIC & FAMILY CENTRE LTD

Charity Information

Roles

Osman Yusuf Ahmed Chair Saido Ahmed Treasurer Saynab Cabdow Adan Secretary Osman Sheikh Mani Mumin Trustee Esse Aweis Trustee

Charity Number: 1118359

Principle Office: 97 Longbridge Road, Barking, London, Essex, IG11 8TB

Independent Examiner:

Mr Abdullahi Osman MAAT AMA Accountants GBR Ltd Suite 35 -36 The Design Works Park Parade London NW10 4HT

Bankers:

Metro Bank Plc One Southampton Row London WC1B 5HA

AT-TAQWA ISLAMIC & FAMILY CENTRE LTD

Trustees' Report For the year ended 30/11/2024

The Trustees present their report and the financial statements for the year ended 30/11/2024.

Governing Instrument:

The charity's objects and regulations are regulated by the constitution adopted in 1994 and the charity is an unincorporated association.

The objects of the charity is to provide the following activities:

Religious Activities, Children/Young People, Elderly/Old People, People With Disabilities, The General Public/Mankind, Makes Grants To Individuals, Makes Grants To Organisations, Provides Human Resources, Provides Buildings/Facilities/Open Space, Provides Services, Provides

Advocacy/Advice/Information, Sponsors Or Undertakes Research, Acts As An Umbrella Or Resource Body.

The charity is organised with a committee (Board of Trustees) elected by the members to oversee the overall activities and one of the committee member is nominated as chairperson, to monitor the day to day running of the charity.

Trustees and/or principal officers:

The following officers of the charity have held office for the whole of the year:

Osman Yusuf Ahmed	Chair
Saido Ahmed	Treasurer
Saynab Cabdow Adan	Secretary
Osman Sheikh mani Mumin	Trustee
Esse Aweis	Trustee

The trustees are eligible, in committee, to appoint additional trustees under the terms of the constitution.

Activities and Achievements:

During the year the charity continued to collect donations from the members of public as well as memberships' fees. There are continuous commitment from the users and members to support the charity's activities.

With the commitment as indicated above, the financial position of the charity is very secure with net asset of £606,616 as at 30/11/2024.

AT-TAQWA ISLAMIC & FAMILY CENTRE LTD Year ended 3011V2024 Statement of Trustees Responslbluties Under the Charities Act 1993 the trustees are required to prepare a statements of accounts for each financial year which gives a true and fair view of the state of affairs of the charity at the end of the financial year and of the incoming recourses in the year. In preparing the statemenL the trustees are require(J to.. Select suitabLe accounting policies and apply them consistentLy. Make juijgements and estimates that are reasonabLe ano prudenL ' State whether applicable accounting stan¢Jards and statements recommended practice have been foLLowed, subject to any material departure5 ijisclosed and explained in the statements of accounts. Prepare the financial statements on the going concern basi5 unLess It is inappropriate to presume that the charity will continue its operations. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity at that time an¢J to enable the tru5tee5 to ensure that any statement of account prePa￿d by them complies with the reguLations under section 42{1) of the Charities Act 1993. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Trustee on: Osman Yusuf Ahmed Signature= Saido Ahmed Signature:

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF AT-TAQWA ISLAMIC & FAMILY CENTRE LTD

For the year ended 30/11/2024

Respective responsibilities of Trustees and Examiner:

The trustees of the charity are responsible for the preparation of accounts; they consider the audit requirement under section 43(2) of the Charities Act 1993 does not apply. We have been appointed under section 43 of the Charities Act 1993 and report in accordance with regulations made under section 44 of that Act. It is our responsibility to examine the accounts, without performing an audit, and to report to the trustees.

Basis of Examiner's Statement:

This report is in respect of an examination carried out under section 43 of the Charities Act 1993 and in accordance with the directions given by the Charity Commissioners under section 43(7)(b). An examination includes a review of the accounting records kept by the trustees and a comparison of the account and making such enquiries as are necessary for the purposes of this report. The procedures undertaken do not constitute an audit.

Examiner's Statement:

Bases on our examinations, no matter has come to our attention which gives us reasonable cause to believe that in any material respect accounting records have not kept in accordance with section 41 of the Charities Act 1993, or that the accounts presented do not accord with those records or comply with the accounting requirements of the Charities Act 1993. No matter has come to our attention in connection with our examination to which, in our opinion, attention should be drawn to enable a proper understanding of the accounts.

Independent Examiner:

Mr Abdullahi Osman MAAT AMA Accountants GBR Ltd Suite 35 -36 The Design Works Park Parade London NW10 4HT

STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 30/11/2024

INCOMING RESOURCES	2024
Unrestricted Funds	109,235
Restricted Funds	0
RESOURCES EXPENDED
Repair & Maintenance	8,450
Salary	25,701
Water & Rates	6,818
Business Rates	302
Bank Charges	0
Professional Fees	0
Insurance	2,354
Hall Rent	0
Construction & Renovation	0
Depreciation	9,954
Other Direct	355
TOTAL EXPENSES	53,934
NET INCOME / DEFICIT FOR THE YEAR	55,301
Funds as at last year 30/11/2023	551,315
Funds as at last year 30/11/2024	606,616

AT-TAQWA ISLAMIC & FAMILY CENTRE LTD LANCE SHE￿ AS AT 30/1L12024 2024 2023 FLXED ASSETS Tangible Assets Leasehold Building Development 286,037 185,000 276,091 185,000 471,037 461,ogi CURRENT ASS￿5 Cash at Bank 145.439 100.083 CREDITORS Amount FalLing Due within One Year 9,860 9.859 135.579 90.224 Net Assets 606.616 551.315 Funos Opening Funds Net Movement in Funds 551.315 55.301 533,975 17,340 TotaL Fund 606,616 551.315 Approved by the Board of Trustees on and signed on its behalf by: Osman Yusuf Ahmed Signature.. Saido Ahmed Signature:

AT-TAQWA ISLAMIC & FAMILY CENTRE LTD

Notes to the Financial Statements for year ended 30/11/2024

1. Accounting Policies

1.1. Basis of preparation of accounts:

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities

1.2. Donations receivable:

Donations for immediate expenditure are accounted for when they become receivable.

1.3 Tangible Fixed Assets and Depreciation:

Fixed assets for the charity use are capitalised at cost. They are stated in the accounts at cost less depreciation.

Depreciation is calculated to write off the cost less their estimated residual value, over their expected useful lives on the following bases:

Freehold Building: Over 20 years

Leashold Land and Building: Over the lease term (60 years)

Fixtures, Fittings, Tools and Equipment: Over 10 years

2. Tangible Fixed Assets:

Tangible Fixed Assets:

	Land	Building	Heating	Fixtures & Fitting	Total
Cost as at 01/12/2023	185,000	284,170	44,042	26,839	540,051
Additions		19,900			19,900
As at 30/11/2024	185,000	304,070	44,042	26,839	559,951
Depreciation as at 01/12/2023	-	42,423	24,257	12,280	78,960
Depreciation charge for the year	-	5,068	2,202	2,684	9,954
Net Book Value As at 30/11/2024	185,000	256,579	17,583	11,875	471,037

1. Amount falling due within one year is £9,860 Qard Al-Hasan.

2. Reserves

Reserves
As at 30 November 2023	551,315
Added	55,301
As at 30 November 2024	606,616