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2021-03-31-accounts

MARKAZ MUAADH IBN JABAL ISLAMIC CENTRE REGISTERED CHARITY NUMBER: 1119843 (registered in England and Wales)

ANNUAL AND FINANCIAL REPORT 2021

(PERIOD 1[ST] APRIL 2020 – 31[ST] MARCH 2021)

1

CONTENTS

Page
Introduction 3
Trustees’ annual report for the period 4
Independent examiner’s report on the accounts 34
Annual accounts for the period 36

2

INTRODUCTION

This is the 2021 annual and financial report of the Markaz Muaadh Ibn Jabal Islamic Centre trustees. It is presented together with the trustees’ annual report for the period, independent examiner’s report on the accounts and the annual accounts for the period ended 31[st] March 2021.

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section A Reference and administration details Period start date From: 01/04/2020 Period end date To: 31/03/2021 Charity name Markaz Muaadh Ibn Jabal Islamic Centre Registered charity number 1119843 (registered in England and Wales) Charity's principal address 19 Spackmans Way, Slough, Berkshire, England, United Kingdom, SL1 2SA Charity trustees who manage Mr Mohsan Shiraz Malik (Secretary & Trustee) the charity Mr Zahoor Yousaf (Trustee) Dr Abu Sufian Jabbar (Trustee) Mr Hashim Habshi ACCA (Trustee & Treasurer) Bankers HSBC Bank PLC, 128 High Street, Slough, Berkshire, England, United Kingdom, SL1 1JF Metro Bank, 2-24 Farnham Road, Slough, Berkshire, England, United Kingdom, SL1 3TA Accountants Refer to Independent examiner’s report on the accounts

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section B Structure, governance and management

Type of governing document

Trust deed (Constitution adopted 10 February 2006 as amended by special resolution dated 30 June 2007)

How the charity is constituted

Trust

Trustee selection methods

As explained in the governing document.

Additional governance details

Policies and Procedures

Policies and procedures adopted by the Charity for the induction and training of trustees include:

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

In addition to the above, the Charity has designed, documented, implemented and reviewed (quarterly) the following polices in order to ensure the Charity adheres and operates to a stringent governance and compliance framework:

Organisational Structure

The Trustees are responsible for the following:

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Principal Risks and Uncertainties (Risk Management Policy)

The trustees have considered the material risks facing the charity and have put in place mitigating controls to address these risks.

During the year 2020-2021, the trustees identified the following key risks and the measures to be taken to address the key identified risks:

Governance risks

Potential risk: The charity lacks direction, strategy and forward planning Potential impact: - the charity drifts with no clear objectives, priorities or plans - issues are addressed piecemeal with no strategic reference - needs of beneficiaries not fully addressed - financial management difficulties Steps to mitigate risk: - creation of a strategic plan which sets out the key aims, objectives and policies - creation of financial plans and budgets - close monitoring of financial and operational performance - regular feedback obtained from beneficiaries and funders Operational risks Potential risk: Service provision – customer satisfaction Potential impact: - beneficiary complaints - loss/reduction of donations Steps to mitigate risk : - agreement of quality control procedures - implementation of complaints procedures - benchmarking of services and implementation of complaints review procedures Financial risks Potential risk: Reserves policies Potential impact: - lack of funds or liquidity to respond to new needs or requirements - inability to meet commitments or planned objectives Steps to mitigate risk: - linkage of reserves policy to business plans, activities and identified financial and operating risk - regularly review reserves policy and reserve levels

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Environmental and external factors

Potential risk: Relationship with funders

Potential impact: - deterioration in relationship may impact on funding and support available

Steps to mitigate risk: - ensuring regular contact and briefings to donors - reporting fully on projects

Compliance risk (law and regulation)

Potential risk: Compliance with legislation and regulations appropriate to the activities, size and structure of the charity Potential impact: - fines and penalties from regulators - reputational risks Steps to mitigate risk: - identification of key legal and regulatory requirements - allocation of responsibility for key compliance procedures

Plans for the future

Markaz Muaadh Ibn Jabal has grown rapidly since its inception. Its future strategy is to ensure it continues and strengthens what it has achieved in the past (refer to achievements during the year section) and to ensure it effectively achieves its objectives.

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

To advance the Islamic religion for the benefit of the public through the holding of prayer meetings, lectures, pubic celebration of the religious festivals, producing and/or distributing literature on Islaam to enlighten others about the Islamic religion.

The trustees review the aims, objectives and activities of the charity each year. This review looks at what the charity has achieved and the outcomes of its work in the reporting period.

The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity’s aims, objectives and activities remained focused on its stated purposes.

Summary of the main activities undertaken for the public benefit in relation to these objects

Advance the Islamic religion for the benefit of the public through:

Public Benefit Statement

The trustees have referred, reviewed and adhered to the guidance issued and contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives, and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set. The Trustees have concluded that:

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Additional details of objectives and activities

Investment policy

Should the Charity decide to invest as a means of generating additional revenue, all investment decisions will be discussed amongst all Trustees.

All investments undertaken by the Charity will only be undertaken on the following conditions:

Contribution made by volunteers

The Charity recognises the contribution made by its volunteers and is appreciative of this.

Examples of contributions made by the Charity’s volunteers during the year include:

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section D Achievements and performance

Summary of the main achievements of the charity during the year

An exceptional, productive and beneficial year for the charity, summarised as per below:

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

COVID-19 community outreach programme

The charity provided a rapid response towards the COVID-19 pandemic through its community outreach programme.

Helping the local community during these difficult times

12

TRUSTEES, ANNUAL REPORT FOR THE PERIOD A helping hand today for the #NHS staff in ITU at Wexham Park Hospital, #Slough @frimleyhealth, on behalf of @Markazmuaadh - ppwyiii ')1 •*KI# TO P#AlPt, Today @Markazmuaadh giving a helping hand to the

nhs staff at AAU and Wards 7 & 8 at Wexham Park

Hospital, #Slough @frimleyhealth. 13

TRUSTEES, ANNUAL REPORT FOR THE PERIOD Alhamdulillaah, Markaz Mu'aadh has prepare begun distributing food packs in time for Raffjada to the vulnerable and those who have adversely affected by the coronavirus outbreak. May Allaah grant us all tawfeeq to reach R8Ldari and perforni deeds that are accepted by Him. CHAPArri FLOUA tyily1￿ 14

TRUSTEES, ANNUAL REPORT FOR THE PERIOD NHS Frimley Health Wexham Park Ho$￿tal Wexham Roa¢J SL2 4HL 01753 633000 www lThft.nhs.uk Dear ma￿aZ Muaadh Ibn Jabal S￿h l am writing to you on behall of the vthole team at bolh Emergency Assessment Centre IEACI and ITU at Wexham P HoskNtal, io Ihank yw lor your genero over Ihe recent rnonlhs. The Corona ¥irus pandemic has been challeng1￿ for the entite hosthl but particularty for our teams wilh the EAC and ITU. We have been working under stressful condrfions on a daly basis - your regular delrrferies have a welcoThe relf and a real treat for us durin9 our breaks In addrtion. throbgh your substantial donations. we have been atAe to support staff during their own isolatr"0Trs and when they have been unwell. by makry large care packages, ensuring they are taken care ol in Iheir hour of need. As a very sfflal geslure I have aliached a cerhficate in reCOgn￿"On of your sUp￿rt and generosty,. F4ease feel free to display Ihis in your tmjsiness sheuld you wanl lo. so that the rest ol our cornmunty can see your amazing generosrty. and how suppowtive you have been. Thank you once aoaSn, Wamiesl Reoards Suzanne VeNri Senior Sister- Emergency Department INVESTORS IN PEOPLE In pBtherw ¥JAh Ihe 14iri of DEferKe Herjth ￿¢0￿ratES FrTh￿Y PBrk HO5w1￿. Heathen4Yod hosytol and V4tham Park h05 HeathJuwtst5". Road, Frirrdey, Cwnwey. SuThEy. GU10 7UJ 01270 004004 15

TRUSTEES, ANNUAL REPORT FOR THE PERIOD Working togeth& Facing the future NHS Frfmky Heahh Markaz Muaadh Ibn Jabal Slough Thank you so much For your kind donations to Wd]am Park Hospital Emergency Assessment Centre and ITU during the Corona Virus Pandemic 2020 Your kindness was very appreciated by all members of the team. Sue Vdtri Senior Sister - ME 16

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Publications of books and leaflets

The charity published a number of publications over recent years. These were extensively distributed throughout the world and were very well received. Below are pictures of some of these publications:

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Increased social media activity and followers

The charity has increased its social media presence to promote the charity and its objectives. This has been positively received through the increase number of followers with over 22,700 followers on Twitter, with an increase of 5,600 followers from the previous year (2020).

----- Start of picture text -----
Twitter page
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The charity also promotes itself and its objectives via Instagram, YouTube, SoundCloud, Mixlr and its website, providing free audio recordings and materials to benefit and educate.

This has been very well received, with the charity’s YouTube channel now having over 3,730 subscribers and over 65,000 views since its launch.

Furthermore, the charity’s SoundCloud page has had its audio recordings played over 97,000 times with over 4,600 followers.

Mixlr is a very popular channel whereby the charity broadcasts its lectures live on air, with over 3,000 followers and approximately 196,000 total listens.

Additionally, the charity’s website (www.markazmuaadh.com) is regularly updated with new material and continually monitored, with approximately 1.1million visits to the website since its launch, increasing year on year.

YouTube channel SoundCloud channel

----- Start of picture text -----
Mixlr channel
----- End of picture text -----

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Website traffic

Website

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Distribution of Zakaatul Fitr and Fidya in Morocco and Pakistan

Zakaatul Fitr charity (obligatory charity during Ramadan) was distributed (£9,364 in total) in Morocco, where food was purchased and distributed to the poor according to the Islamic principles.

Fidya (compensation for those unable to fast, must pay to feed a poor person one meal for every fast missed) was distributed (£5,271 in total) in Pakistan, where food was purchased and distributed to the poor according to the Islamic principles.

20

TRUSTEES, ANNUAL REPORT FOR THE PERIOD Mark82 Mu'aadh @cwl&rkazFOu88dh Zakatul-Fitr 1441AH distributed by @M8rk?7Mii2adh ibn Jabal, Slough. May Allaah, The Most High accept it with a beautiful acceptance. Aiiah 104 fBmilie5 A gift of Matk•i Nlil iithLlb J*bal for the ihildr¢D of l•mili¢• fCrtiv¢d Z4kAiul.Fiir 8..12 PM. MJY 23. 2020 . TvritterforAndroAY Zakatul-Fitr 144 IAH Zakatul-Fitr 1441 AH rr By the Grace of Allah 104 families provided with Zakatul-Fitr in Tetouan, Morocco. By the Grace of Allah approximately 700 families providcd with Zakatul-Fitr in Oujda, Morocco. 21

TRUSTEES, ANNUAL REPORT FOR THE PERIOD Zakatul-Fitr 1441AH I￿11. . 1 A gift on behalf of Markaz Mu'aadh ibn Jabal for the children of families who received Zakatul-Fitr Vt By the Grace of Allah 30 families provided with Zakatul-Fitr in Slough, UK. • yl 22

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Eid events for the community

Due to the COVID-19 pandemic, the charity cancelled its bi-annual Eid events for the community. The Charity hosts the Eid events for the community twice a year, with in excess of 5,000 people from the local community and beyond attending. The Charity provides complimentary breakfast for the community after the Eid prayer, including a fun day for children – with children enjoying bouncy castles, ball sports and goodie bags. The community looks forward to the events and feedback has been consistently extremely positive. The below pictures are a sample of what the Charity hosts and provides for the community over the past few years.

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

City Centre Dawah in Slough

Due to the COVID-19 pandemic the Charity was unable to host its usual monthly activities with City Centre Dawah in Slough. Since early 2016, the charity has invited City Centre Dawah, which is a group based in Birmingham. Their objective is to spread the true message of Islam with a particular emphasis on tackling extremism. City Centre Dawah have visited Slough once a month and conducted their activities in the Town Centre. This has been positively received by the local community as well as the local Police.

Congregation continuing to increase

The charity has seen a significant increase in the number of people attending it’s congregation, in particular during lectures held throughout the year, the five daily prayers, weekly Friday prayers, Ramadan prayers (Taraweeh) and Eid prayers during the year (with approximately over 5,000 people attending the Eid prayers).

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Lectures delivered throughout the year

Lectures were held throughout the year on various topics which had a good attendance with people attending in person and online via the charity’s online live broadcasting media (Mixlr). A sample of the topics delivered at these lectures is detailed below.

Regular weekly lessons

Regular lessons are given during the week covering topics related to the Islamic faith, these are usually brief lessons which continue to be positively received and well attended.

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section E Financial review

Charity’s policy on reserves

The charity is aiming to build reserves in order to purchase/lease a bigger centre in the near future.

The Trustees regularly review the reserves of the Charity. Their policy is to hold enough funds to meet minimum of three months operating costs of the Charity.

Nature of funds

The Trustees confirm that, on a fund-by-fund basis, the assets are available and are adequate to fulfil the obligations of the charity.

Funds materially in deficit

During 2018-2019 the Charity identified a potential building for purchase and had paid a deposit (£120,000) which was secured by a guarantor who was going to help raise the remaining funds. However, due to the ongoing COVID-19 pandemic this process was significantly delayed. As a result the Trustees agreed to withdraw from the process due to the uncertainty of when the restrictions would be lifted and the difficulty in raising sufficient funds to complete the purchase of the said building. The process for returning the deposit through the guarantor was agreed to be completed over a period of 12 months, thus far a total of £30,460 has been received (as of the 27[th] January 2022) with the remaining funds to be received by the next financial year.

Principal sources of funding

The principal source of funding is from individual donors from within the UK who generously donate to the charity and also respond to appeals.

Further financial review

Please refer to the Annual accounts for the period with regards to the charity’s principal sources of funds/income and expenditure, in addition to how expenditure has supported the key objectives of the charity.

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Income and Expenditure

Income

This year Markaz Muaadh Ibn Jabal generated income of £290,010; with 77% (£221,946) received from our donors and the balance of £68,065 coming primarily from income from other resources. The total income received in 2020-2021 was up 23% from the previous year, 2019-2020 (£235,946).

- Income Summary (2020 2021)

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Income Description Income
Received		 Percentage of total
income received
Donations - Zakaat £113,992.10 39%
Donations - Sadaqah £83,072.63 29%
HMRC Job Retention Scheme Grant £27,381.78 9%
Business Rates COVID-19 Grant £25,000.00 9%
BookshopSales - Books,Food & Other £14,802.65 5%
Donations - Zakaatul Fitr £9,363.59 3%
Donations - Fidya £5,271.00 2%
Donations - Jummuah £3,337.48 1%
Donations - Masjid Appeal Account £2,388.50 1%
Markaz COVID-19 appeal £1,318.73 0.5%
Donations - Markaz Orphans & Widows Account £1,264.00 0.4%
Transfer from Masjid Appeal Account £1,049.85 0.4%
Loan repayment £880.00 0.3%
Donations - Foodpacks £450.00 0.2%
Donations - Ramadan foodpacks £363.00 0.1%
Transfer from Markaz Orphans & Widows
Account		 £75.00 0.03%
Total income received £290,010.31 100%

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Expenditure

During the year Markaz Muaadh Ibn Jabal spent £228,278. This helped us to achieve our objectives and aims as a charity, with the primary expenditure during the year having been spent on Donations – Zakaat (£93,650). Expenditure this year was up against the previous year by 9%, having spent £208,738 during 2019-2020.

- Expenditure Summary (2020 2021)

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Expenditure Description Expenditure
spent		 Percentage of total
expenditure spent
Donations - Zakaat £93,650.00 41%
Salaries £48,645.84 21%
Rent £22,800.00 10%
Bookprinting £9,292.00 4%
Donations - Zakaatul Fitr £8,616.50 4%
Donations - Fidya £7,220.00 3%
Refurbishment - includingPaintingand Decorating £7,220.00 3%
COVID-19 HardshipLoan £5,640.00 2%
COVID-19 deepclean £3,000.00 1%
Storage costs £2,426.64 1%
Eid foodpacks £2,179.23 1%
Stockpurchases for bookshop £2,103.50 1%
Utilities - Electricity& Gas £2,060.16 1%
Ramadan foodpacks £1,873.17 1%
COVID-19 Hardshipfund £1,750.00 1%
Refurbishment - Ablution area £1,246.68 1%
Donation machine £1,194.30 1%
HMRC PAYE/NIC £1,059.99 0.5%
Utilities - Telephone & Internet £1,002.70 0.4%
Water wellproject £1,000.00 0.4%
Utilities - Water £787.32 0.3%
Card machine fees £639.85 0.3%
Transfer to Markaz Orphans & Widows Account £552.00 0.2%
Payrollprocessingfee £540.00 0.2%
Buildings Insurance £517.20 0.2%
Transfer to Masjid Appeal Account £422.85 0.2%
Shippingcosts £320.78 0.1%
JustGiving platformprocessingfee £198.00 0.1%
Cleaningequipment £124.34 0.1%
Audio broadcast(Mixlr)annual subscription fee £73.72 0.03%
Bank charges £72.40 0.03%
Website hosting £21.50 0.01%
Umbrella stand £20.00 0.01%
Electrical consumables £7.00 0.003%
Total expenditure spent £228,277.67 100%

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Donations – Zakaat distribution 2020-2021

Markaz Muaadh Ibn Jabal Islamic Centre distributed Zakaat totalling £93,650 in 2020-2021.

The distribution of Zakaat was in accordance with the charity’s Zakaat policy.

- Zakaat distribution Summary (2020 2021)

All Zakaat donations during 2020-2021 were distributed within the United Kingdom.

Net Income/Spending

Financial year end (31-
March)		 Income Spending Net
Income/Spending
2021 £290,011 £228,278 £61,733
2020 £235,945 £208,738 £27,207
2019 £213,784 £231,253 -£17,469
2018 £255,392 £248,142 £7,250
2017 £159,473 £144,723 £14,750

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section F

Other information

Overall an exceptional year for the Charity during 2020-2021, as detailed per the Achievements and Performance section of the Trustees’ Annual Report. The Charity expects this to continue further in 2021/2022 and beyond.

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section G Declaration & Statement of Trustees’ Responsibilities

The trustees declare that they have approved the trustees’ annual report for the period above.

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and Accounting Standards.

This requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of the affairs of the charity, the incoming resources and the application of resources, including the income and expenditure of the charity for the year. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any given time the financial position of the charity and which enable them to ensure that the financial statements are compliant. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees, individually, are aware:

The trustees are responsible for the maintenance and integrity of the financial information included on the charity’s website.

The trustees’ annual report for the period has been approved by the trustees on date and signed on their behalf by:

Signature Full name Position Date

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INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

Report to the trustees/
members of		 MARKAZ MUAADH IBN JABAL ISLAMIC CENTRE
On accounts for the year
ended		 01/04/2020 – 31/03/2021 Charity no 1119843
Set out on pages 36 - 46
Respective
responsibilities of trustees
and examiner		 The charity's trustees are responsible for the preparation of the accounts in
accordance with the Charities Act 2011 (“the Act”).
The charity’s trustees consider that an audit is not required for this year
under section 144 of the Act and that an independent examination is
needed. The charity’s gross income exceeded £250,000 and I am qualified to
undertake the examination by being a qualified member of the Association
of Chartered Certified Accountants ACCA.
It is my responsibility to:
• examine the accounts under section 145 of the Charities Act,
• to follow the applicable Directions given by the Charity Commission
(under section 145(5)(b) of the Act, and
• to state whether particular matters have come to my attention.
Basis of independent
examiner’s statement		 My examination was carried out in accordance with 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 the
trustees concerning any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit, and
consequently no opinion is given as to whether the accounts present a ‘true
and fair’ view and the report is limited to those matters set out in the
statement below.

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INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

Independent examiner's
statement		 In connection with my examination, no material matters have come to my
attention which gives me cause to believe that in, any material respect,:
• the accounting records were not kept in accordance with section 130
of the Act; or
• the accounts did not accord with the accounting records; or
• the accounts did not comply with the applicable requirements
concerning the form and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 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.
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.
27.01.2022
Address: 3 Kimberley Road, Solihull,
England, United Kingdom,
B92 8PU

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ANNUAL ACCOUNTS FOR THE PERIOD

MARKAZ MUAADH IBN JABAL ISLAMIC CENTRE REGISTERED CHARITY NUMBER: 1119843 (registered in England and Wales) ANNUAL ACCOUNTS FOR THE PERIOD: 01/04/2020 – 31/03/2021 STATEMENT OF FINANCIAL ACTIVITIES

Note Unrestricted
Funds		 Restricted
Income
Funds		 Total
Funds
(2021)		 Prior Year
Funds
(2020)
£ £ £ £
Incoming Resources
Income from:
Donations,legacies and similar 1 87,729 134,217 221,946 175,492
Incoming Resources from
Charitable activities		 2 14,803 - 14,803 56,365
Income from other Resources 3 53,262 - 53,262 4,089
TOTAL INCOMING
RESOURCES		 155,794 134,217 290,011 235,946
Resources Expended
Expenditure on:
Charitable activities 4 56,036 115,514 171,550 170,283
Other expenditure 5 56,728 - 56,728 38,456
TOTAL RESOURCES EXPENDED 112,764 115,514 228,278 208,739
NET MOVEMENT IN FUNDS 43,030 18,703 61,733 27,207

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ANNUAL ACCOUNTS FOR THE PERIOD

MARKAZ MUAADH IBN JABAL ISLAMIC CENTRE REGISTERED CHARITY NUMBER: 1119843 (registered in England and Wales) ANNUAL ACCOUNTS FOR THE PERIOD: 01/04/2020 – 31/03/2021 STATEMENT OF ASSETS AND LIABILITIES AT THE END OF THE PERIOD 31/03/2021

FIXED ASSETS
Equipment Fixtures &
**Fittings **		 Total
£ £ £
COST
As At 1 April 2020 5,250 5,565
10,815
Additions - -
-
As At 31 March 2021 5,250 5,565
10,815
DEPRECIATION
As At 1 April 2020 4,202 4,766
8,968
Charge For The Year 263 278
541
As At 31 March 2021 4,465 5,044
9,509
NET BOOK VALUES
AS AT 31 March 2021 785 521
1,306
AS AT 31 MARCH 2020 1,048 799
1,847

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ANNUAL ACCOUNTS FOR THE PERIOD

CURRENT ASSETS
2021 2020
£ £
Cash & Bank Account
Balances		 135,548
79,985
Debtors 120,000 -
Stock 10,750 8,300
TOTAL CURRENT ASSETS 266,298 88,285
CASH FUNDS
Unrestricted
Funds
(2021)		 Restricted
Income
Funds(2021)		 Total Funds
(2021)		 Unrestricted
Funds(2020)		 Restricted
Income
Funds
(2020)		 Total
Funds
(2020)
£ £ £ £ £ £
Markaz
Current
Account		 111,841
-		 111,841
57,499		 -
57,499
Masjid Appeal
Account		 -
12,459
12,459
-		 11,915 11,915
Markaz
Orphans &
Widows
Account		 -
11,248		 11,248
-		 10,571
10,571
TOTAL CASH
FUNDS		 111,841
23,707
135,548
57,499		 22,486 79,985
CREDITORS
2021 2020
£ £
Amounts FallingDue Within One Year -
-
Amounts FallingDue after more than One Year -
-
TOTAL CREDITORS -
-

The annual accounts for the period has been approved by the trustees on date and signed on their behalf by:

Signature Full name Position Date

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ANNUAL ACCOUNTS FOR THE PERIOD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1. Donations, legacies and similar

Unrestricted
Funds
(2021)		 Restricted
Income
Funds
(2021)		 Total
Funds
(2021)		 Unrestricted
Funds
(2020)		 Restricted
Income
Funds
(2020)		 Total
Funds
(2020)
£ £ £ £ £ £
Donations – Zakaat - 113,992 113,992 - 70,770 70,770
Donations – Sadaqah 83,073 - 83,073 72,705 - 72,705
Donations - Zakaatul Fitr - 9,364 9,364 - 3,777 3,777
Donations – Fidya - 5,271 5,271 - 1,828 1,828
Donations – Jummuah 3,337 -
3,337		 2,247 - 2,247
Donations - Masjid Appeal - 3,438 3,438 - 423 423
Markaz COVID-19 appeal 1,319 - 1,319 - - -
Donations – Orphans - 1,339 1,339 - 552 552
Donations - Foodpacks - 450 450 - - -
Donations - Ramadan food
packs		 - 363 363 - - -
GiftAid – HMRC - -
-		 23,190 - 23,190
TOTAL DONATIONS,
LEGACIES AND SIMILAR		 87,729 134,217 221,946 98,142 77,350 175,492

2. Incoming Resources from Charitable activities

Unrestricted
Funds
(2021)		 Total
Funds
(2021)		 Unrestricted
Funds
(2020)		 Total
Funds
(2020)
£ £ £ £
School Fees - - 8,197 8,197
Bookshop Sales - Books, Food &
Other		 14,803 14,803 48,168 48,168
TOTAL INCOMING RESOURCES
FROM CHARITABLE ACTIVITIES		 14,803 14,803 56,365 56,365

39

ANNUAL ACCOUNTS FOR THE PERIOD

3. Income from other Resources

Unrestricted
Funds
(2021)		 Total
Funds
(2021)		 Unrestricted
Funds
(2020)		 Total
Funds
(2020)
£ £ £ £
HMRC Job Retention Scheme
Grant		 27,382
27,382
-
-
Business Rates COVID-19 Grant 25,000 25,000 - -
Loan repayment 880 880 - -
Charitable loan – funeral costs
(repayment)		 - - 4,002 4,002
Pensionprovider refund - - 87 87
TOTAL INCOME FROM OTHER
RESOURCES		 53,262
53,262
4,089
4,089

40

ANNUAL ACCOUNTS FOR THE PERIOD

4. Charitable activities

Unrestricted
Funds
(2021)		 Restricted
Income
Funds
(2021)		 Total
Funds
(2021)		 Unrestricted
Funds
(2020)		 Restricted
Income
Funds
(2020)		 Total
Funds
(2020)
£ £ £ £ £ £
Donations – Zakaat - 93,650 93,650 - 108,615 108,615
Salaries 48,646 - 48,646 43,781
-		 43,781
Donations – Zakaatul Fitr - 8,617 8,617 -
8,600		 8,600
Donations – Fidya - 7,220 7,220 -
4,373		 4,373
COVID-19 Hardship Loan 5,640 - 5,640 - - -
Donations - Eid food packs - 2,179 2,179 - - -
Donations - Ramadan food
packs		 - 1,873 1,873 - - -
COVID-19 Hardship fund 1,750
-		 1,750 -
-		 -
Water well project -
1,000		 1,000 -
-		 -
Donations – Orphans -
552		 552 -
912		 912
Donations – Masjid Appeal -
423		 423 -
-		 -
Charitable loan – funeral
costs		 - - - 4,002 - 4,002
TOTAL CHARITABLE
ACTIVITIES		 56,036 115,514 171,550 47,783 122,500 170,283

41

ANNUAL ACCOUNTS FOR THE PERIOD

5. Other expenditure

Unrestricted
Funds
(2021)		 Total
Funds
(2021)		 Unrestricted
Funds
(2020)		 Total
Funds
(2020)
£ £ £ £
Rent 23,317 23,317 23,267 23,267
Book printing 9,292
9,292
3,817		 3,817
Refurbishment – including
Paintingand Decorating		 7,220 7,220 - -
COVID-19 deepclean 3,000 3,000 - -
Storage costs 2,427 2,427 2,400 2,400
Stock purchases for
bookshop		 2,104 2,104 - -
Utilities – Electricity& Gas 2,060 2,060 2,691 2,691
Refurbishment – Ablution
Area		 1,247 1,247 - -
Donation machine 1,194 1,194 - -
HMRC PAYE/NIC 1,060 1,060 - -
Utilities – Telephone &
Internet		 1,003 1,003 965 965
Utilities - Water 787 787 861 861
Card machine fees 640 640 580 580
Payrollprocessingfees 540 540 - -
Shippingcosts 321 321 - -
JustGiving platform
processingfees		 198 198 - -
Cleaningequipment 124 124 - -
Audio broadcast (Mixlr)
annual subscription fee		 74 74 - -
Bank charges 72 72 72 72
Website hosting 22 22 - -
Umbrella stand 20 20 - -
Electrical consumables 7 7 - -
Bookpurchases -
-
3,356		 3,356
Accommodation for guest
speakers		 - - 307 307
Pensionprovider - - 87 87
Banner printing – Pakistan
Fidya distribution		 - - 54 54
TOTAL OTHER
EXPENDITURE		 56,728 56,728 38,456 38,456

42

ANNUAL ACCOUNTS FOR THE PERIOD

6. Staff Costs

2021 2020
£ £
Salaries 48,646
43,781
Average number of
employees for theperiod		 4 4
No employees were paid
more than £60,000.

7. Corporation tax

The charity is exempt from corporation tax on its charitable activities.

8. Contingent Liabilities

There were no Contingent Liabilities at 31 March 2021 (2020: £NIL).

9. Trustee remuneration and expenses

All trustees are volunteers with no expenses paid out. No trustee received any remuneration or other benefits from the charity. There were no related party transactions.

43

ANNUAL ACCOUNTS FOR THE PERIOD

10. Accounting Policies

(a) Basis of Preparation

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The trust constitutes a public benefit entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the Trust's ability to continue as a going concern.

(b) Reconciliation with previous Generally Accepted Accounting Practice

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 a restatement of comparative items was needed. No restatements were required.

(c) Funds structure

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects.

Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the terms of a specific appeal at Friday prayers or under the terms for public collection of Zakat in accordance with the teachings of Islam.

(d) Incoming resources

All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability. The following specific policies are applied to particular categories of income:

44

ANNUAL ACCOUNTS FOR THE PERIOD

Donations and legacies

Income from donations and legacies comprises income generated from the following sources:

Income from donations and legacies is defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraph 4.31 and 4.32.

Charitable activities

This includes:

Income from charitable activities is defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraphs 4.33 to 4.34.

Other

This amount includes gains on the disposal of tangible fixed assets and receipt of any other income that cannot be accounted for in the categories above (S01 to S05). It may also include the conversion of endowment funds into income.

Other income is defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraphs 4.39 to 4.41.

(e) Tax reclaims on donations and gifts

Incoming resources from tax claims are included in the Statement Of Financial Activities at the same time as the gift to which they relate, to the extent that tax recoverability is certain.

45

ANNUAL ACCOUNTS FOR THE PERIOD

(f) Resources expended

Liabilities are recognised as resources are expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Charitable activities

These comprise all the expenditure incurred in meeting the charitable objectives including amounts spent on:

They exclude:

These costs are defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraphs 4.52 to 4.55.

Other

Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. Other expenditure is defined in the Charities Statement of Recommended Practice (FRS 102 SORP) at paragraph 4.56.

(g) Depreciation (Tangible fixed assets for use by the charity)

These are only capitalised when they can be used for more than a year and cost more than £250. They are valued at cost or a reasonable value on receipt. The charity does not have a policy of revaluation. Depreciation is charged as follows:

46