# **MARKAZ MUAADH IBN JABAL ISLAMIC CENTRE REGISTERED CHARITY NUMBER: 1119843 (registered in England and Wales)** **ANNUAL AND FINANCIAL REPORT 2022** **(PERIOD 1[ST] APRIL 2021 – 31[ST] MARCH 2022)** 1 ## **CONTENTS** ||**Page**| |---|---| |Introduction|3| |Trustees’ annual report for the period|4| |Independent examiner’s report on the accounts|31| |Annual accounts for the period|33| 2 ## **INTRODUCTION** This is the 2022 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 2022. 3 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** **Section A Reference and administration details Period start date** _From:_ 01/04/2021 **Period end date** _To:_ 31/03/2022 **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) **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 4 **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: - Policy Statement - Diversity - Role of the board of trustees - Rules governing the appointment of trustees - Eligibility to become a trustee - Process for appointment of trustees - Expectations of trustees - Induction programme - Ongoing support and training - Review of trustee performance 5 **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: - Risk management Policy, including activities and spending outside England and Wales - Investment Policy - Safeguarding vulnerable beneficiaries Policy - Conflicting interests Policy - Volunteer management Policy - Complaints handling Policy - Health and Safety Policy - Financial controls and records Policy - Zakaat Policy - Website and Social Media Policy - Speakers Policy - Volunteer vetting Policy - Paying staff Policy - Privacy Policy (including Data Protection and GDPR) - Equality & Diversity Policy - Trustee Code of Conduct Policy - Trustee Expenses Policy - Pandemic Planning Policy - Human Resources Policy - Office Management Policy - External relations Policy - Reserves Policy - Large legacies and donations policy - Monitoring expenditure outside England and Wales policy ## **Organisational Structure** The Trustees are responsible for the following: - The day to day running of the Charity - Organising events for propagation of the goals of the charity - All administrative affairs connected to the charity 6 **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 2021-2022, 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 7 **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. 8 **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: - Holding prayers - Lectures - Holding regular classes for Muslim children - Producing and/or distributing literature on Islaam to enlighten others about Islam - Collect the yearly Zakat and distribute to those eligible from amongst the community and those outside the community but known to members of the congregation. ## **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: - The aims of the Charity continue to be charitable. - The aims and work done give identifiable benefits to the charitable sector both directly and indirectly to individuals in need. - The benefits are for the public, are not unreasonably restricted in any way and certainly not by ability to pay; and there is no detriment or harm arising from these aims or activities. 9 **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: - Unanimous agreement amongst all Trustees - Ethical investments which are in line with the Charities aims and objectives. ## **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: - Opening and closing the premises for the five daily prayers. - Teaching children as part of the Charity’s School. - Managing the Charity’s social media presence, through Twitter and the Charity’s website. - Organising and helping with the Charity’s main annual events, Eid and Ramadhan, serving and catering for the community, including a variety of stalls (Islamic literature, goodie bags, bouncy castles, tea & food, ice cream) and stewards. 10 **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: - Community outreach programme (food parcels, COVID-19 hardship fund, help in the community (shopping, paying bills)) - Continued social media presence and increased following (via Twitter, Instagram, YouTube, SoundCloud, Mixlr and the Charity’s website) - Distribution of Zakaatul Fitr and Fidya in Morocco - Eid event for the community - Congregation continuing to increase - Lectures delivered throughout the year - Regular weekly lessons - Children’s Islamic classes - Publication of books - Members of the Muslim community seeking advice on various issues. - Charitable donations continue to be the main financial source for the Markaz (please refer to Annual accounts for the period for further details). - Zakaat donations were received and distributed to those eligible (please refer to Receipts and payments accounts for further details). - Community Iftaar - Continuing and enhanced compliance and reporting with regulators, including the Charity Commission. 11 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## _**Community outreach programme**_ The charity provided a rapid response towards the COVID-19 pandemic through its community outreach programme, including food parcels, COVID-19 hardship fund, help in the community (shopping and paying bills). _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 14 TRUSTEES, ANNUAL REPORT FOR THE PERIOD NHS Frimley Health NMS Trust W￿haM Part Ho$￿tal Vvexham Road SL2 4HL 01753 633000 wNw.thft.nhs.uk Dear ma￿aZ Muaadh I￿ Jabal Skwh l am writing to you on behall of the whole team at both Emergency Assessment Centre IEACI and ITU at Wexham pa￿ Hosk¥tal, lo Ihank ytyj loi your gefiero*ty over the ￿cent monlhs. The Corona virus Pandem￿ has been ehalleTrgKw for the entire hoslmtal but particularfy for our learns with the EAC and ITU We have been workn.ng under stressful condrfions on a daly basis - yeur regular delrveries have a welcome rel￿1 and a real treat for us during our breaks. In addrfjon. through yeui substants.al onab'ons. we have been at4e to support staff during their own isolath'ons and whe they have been unwell. by large care packages, ensuring they a￿ taken care of in their hour ol need. As a very smal gesture I have amached a cerfTThcate in reCOgn￿"On of your support and generosty., please feel free to display Ihis in your t¥Jsiness should you wanl lo. so that the ￿$t of our community can see your amazw genero*ty. and how Suppottive you have been. Thank you once again, wa￿eSt Regard Suzanne Vellri Senior Sistsr- Emergency Department INVESTORS IN PEOPLE In patheth Ihe ofDEferKe FfflI￿y HetAth PYKk HO5￿. Hel￿￿￿0￿ ho¥tol and Wtham Park ho3w 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: 17 **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 increased number of followers with over 28,200 followers on Twitter, with an increase of 5,500 followers from the previous year (2021). ## _**Twitter page**_ 18 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** 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 5,000 subscribers and over 135,000 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**_ _**Website traffic**_ _**Mixlr channel**_ 19 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## _**Website**_ ## _**Distribution of Zakaatul Fitr and Fidya in Morocco**_ Zakaatul Fitr charity (obligatory charity during Ramadan) was distributed (£7,300 in total) in Morocco, where food was purchased and distributed to the poor according to the Islamic principles. 20 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** Fidya (compensation for those unable to fast, must pay to feed a poor person one meal for every fast missed) was distributed (£3,631 in total) in Morocco, where food was purchased and distributed to the poor according to the Islamic principles. ## _**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. 21 **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). 22 **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. 23 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** **Section E Financial review** ## **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, however due to the ongoing cost of living crisis and personal circumstances, the guarantor requested additional time to complete the repayment. In light of these challenges and due to the guarantor making regular repayments, the Trustees agreed to an extension and requested the guarantor to repay the full deposit in the first half of 2023. Thus far a total of £100,000 has been received (as of the 26[th] January 2023). ## **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. 24 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## **Income and Expenditure** ## _**Income**_ This year Markaz Muaadh Ibn Jabal generated income of £282,872; with 85% (£240,058) received from our donors and the balance of £42,814 coming primarily from income from other resources. The total income received in 2021-2022 was down 2% from the previous year, 2020-2021 (£290,010). _**- Income Summary (2021 2022)**_ 25 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** |**Income Description**|**Income**
**Received**|**Percentage of total**
**income received**| |---|---|---| |||| |Donations - Zakaat|£144,758.50|51%| |Donations - Sadaqah|£38,989.10|14%| |Donations - Jummuah|£19,083.42|7%| |Gift Aid - HMRC|£17,675.74|6%| |HMRC Job Retention Scheme Grant|£14,990.68|5%| |Donations - Masjid Aston Appeal|£14,643.62|5%| |Donations - Morocco Appeal|£14,000.00|5%| |BookshopSales - Books,Food & Other|£5,155.33|2%| |School fees|£4,992.33|2%| |Donations - Zakaatul Fitr|£4,338.63|2%| |Donations - Fidya|£3,631.17|1%| |Donations - Masjid Appeal Account|£613.09|0.2%| |||| |**Total income received**|**£282,871.61**|100%| 26 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## _**Expenditure**_ During the year Markaz Muaadh Ibn Jabal spent £342,354. 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 (£190,900). Expenditure this year was up against the previous year by 50%, having spent £228,278 during 2020-2021. ## _**- Expenditure Summary (2021 2022)**_ 27 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** |**Expenditure Description**|**Expenditure**
**spent**|**Percentage of total**
**expenditure spent**| |---|---|---| |||| |Donations - Zakaat|£190,899.58|56%| |Salaries|£53,778.40|16%| |Donations - Masjid Aston Appeal|£30,000.00|9%| |Rent|£22,800.00|7%| |Donations - Morocco Appeal|£12,000.00|4%| |Bookprinting|£9,333.84|3%| |Donations - Zakaatul Fitr|£7,300.00|2%| |Stockpurchases for bookshop|£3,601.18|1%| |Storage costs|£3,116.91|1%| |Refurbishment|£1,566.77|0.5%| |Utilities - Electricity,Gas & Water|£1,553.18|0.5%| |COVID-19 deepclean|£1,500.00|0.4%| |HMRC PAYE/NIC|£1,310.15|0.4%| |Utilities - Telephone & Internet|£1,005.33|0.3%| |Card reader transaction fees|£802.94|0.2%| |CommunityFoodpacks|£465.00|0.1%| |Transfer to Markaz Orphans & Widows Account|£400.00|0.1%| |Business Rates|£378.00|0.1%| |Payrollprocessingfee|£240.00|0.1%| |JustGiving platformprocessingfee|£216.00|0.1%| |Bank charges|£87.00|0.03%| |||| |**Total expenditure spent**|**£342,354.28**|100%| ## _**Donations – Zakaat distribution 2021-2022**_ Markaz Muaadh Ibn Jabal Islamic Centre distributed Zakaat totalling £190,900 in 2021-2022. The distribution of Zakaat was in accordance with the charity’s Zakaat policy. ## _**- Zakaat distribution Summary (2021 2022)**_ All Zakaat donations during 2021-2022 were distributed within the United Kingdom. 28 **TRUSTEES’ ANNUAL REPORT FOR THE PERIOD** ## _**Net Income/Spending**_ |**Financial year end (31-**
**March)**|**Income**|**Spending**|**Net**
**Income/Spending**| |---|---|---|---| ||||| |2022|£282,872|£342,354|-£59,482| |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| ## **Section F Other information** Overall, an exceptional year for the Charity during 2021-2022, as detailed per the Achievements and Performance section of the Trustees’ Annual Report. The Charity expects this to continue further in 2022/2023 and beyond. 29 **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: - Select suitable accounting policies and then apply them consistently; - Observe the methods and principles in the Charities accounting policies - Make judgements and accounting estimates that are responsible 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 a going-concern basis unless it is inappropriate to presume that the charity will continue in operation. 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: - There is no relevant information of which the charity’s independent examiner is unaware; and - The trustees have taken all steps required to make themselves aware of any relevant information and to establish that the independent examiner is aware of such information. 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** 30 **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**|01/04/2021 – 31/03/2022|**Charity no**|1119843| |**Set out on pages**|33 - 42||| |**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.||| 31 **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.|| |---|---|---| ||28.01.2023|| |**Address:**|77 Belmont Crescent, Maidenhead|| ||England, United Kingdom,|| ||SL6 6LR|| 32 **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: 01/04/2021 – 31/03/2022 STATEMENT OF FINANCIAL ACTIVITIES** |||**Note**|**Unrestricted**
**Funds**|**Restricted**
**Income**
**Funds**|**Total**
**Funds**
**(2022)**|**Prior Year**
**Funds**
**(2021)**| |---|---|---|---|---|---|---| ||||**£**|**£**|**£**|**£**| ||**Incoming Resources**|||||| ||**Income from:**|||||| |||||||| ||Donations,legacies and similar|1|75,748|181,986|257,734|221,946| |||||||| ||Incoming Resources from
Charitable activities|2|10,148|0|10,148|14,803| |||||||| ||Income from other Resources|3|14,991|0|14,991|53,262| |||||||| ||**TOTAL INCOMING**
**RESOURCES**||100,887|181,986|**282,873**|**290,011**| |||||||| ||**Resources Expended**|||||| ||**Expenditure on:**|||||| |||||||| ||Charitable activities|4|53,778|241,065|294,843|171,550| |||||||| ||Other expenditure|5|47,511|0|47,511|56,728| |||||||| ||**TOTAL RESOURCES EXPENDED**||101,289|241,065|**342,354**|**228,278**| |||||||| ||**NET MOVEMENT IN FUNDS**||-402|-59,079|**-59,481**|**61,733**| 33 **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: 01/04/2021 – 31/03/2022 STATEMENT OF ASSETS AND LIABILITIES AT THE END OF THE PERIOD 31/03/2022** ||**FIXED ASSETS**|||| |---|---|---|---|---| |||**Equipment**|**Fixtures &**
**Fittings **|**Total**| |||**£**|**£**|**£**| |||||| ||**COST**|||| |||||| ||As At 1 April 2021|5,250|5,565|
10,815| |||||| ||Additions|0|0|
0| |||||| ||**As At 31 March 2022**|**5,250**|**5,565**|
**10,815**| |||||| ||**DEPRECIATION**|||| |||||| ||As At 1 April 2021|4,465|5,044|
9,509| |||||| ||Charge For The Year|263|278|
541| |||||| ||**As At 31 March 2022**|**4,728**|**5,322**|
**10,050**| |||||| ||**NET BOOK VALUES**|||| |||||| ||**AS AT 31 March 2022**|**522**|**243**|
**765**| |||||| ||**AS AT 31 MARCH 2021**|**785**|**521**|
**1,306**| 34 **ANNUAL ACCOUNTS FOR THE PERIOD** |||||||**CURRENT ASSETS**|**CURRENT ASSETS**|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||**2022**|||**2021**||| ||||||||||**£**|||**£**||| |||||||Cash & Bank Account
Balances|||106,471|||
135,548||| |||||||Debtors|||82,590|||120,000||| |||||||Stock|||11,120|||
10,750||| |||||||**TOTAL CURRENT ASSETS**|||**200,181**|||
**266,298**||| |||||||||||||||| ||**CASH FUNDS**|||||||||||||| |||||**Unrestricted**
**Funds**
**(2022)**|||**Restricted**
**Income**
**Funds(2022)**|**Total Funds**
**(2022)**|||**Unrestricted**
**Funds(2021)**||**Restricted**
**Income**
**Funds**
**(20201**|**Total**
**Funds**
**(2021)**| |||||**£**|||**£**|**£**|||**£**||**£**|**£**| ||Markaz
Current
Account|||44,911|||0|44,911|||111,841||0|
111,841| ||Masjid Appeal
Account|||0|||50,326|50,326|||0||12,459|12,459| ||Markaz
Orphans &
Widows
Account|||0|||11,234|11,234|||0||11,248|
11,248| ||**TOTAL CASH**
**FUNDS**|||44,911|||61,560|**106,471**|||111,841||23,707|
**135,548**| |||||||||||||||| ||||**CREDITORS**|||||||||||| ||||||||||||**2022**||**2021**|| ||||||||||||**£**||**£**|| ||||Amounts FallingDue Within One Year||||||||0||
0|| ||||Amounts FallingDue after more than One|||||Year|||0||
0|| ||||**TOTAL CREDITORS**||||||||**0**||
**0**|| 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** 35 **ANNUAL ACCOUNTS FOR THE PERIOD** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** ## **1. Donations, legacies and similar** ||**Unrestricted**
**Funds**
**(2022)**|**Restricted**
**Income**
**Funds**
**(2022)**|**Total**
**Funds**
**(2022)**|**Unrestricted**
**Funds**
**(2021)**|**Restricted**
**Income**
**Funds**
**(2021)**|**Total**
**Funds**
**(2021)**| |---|---|---|---|---|---|---| ||**£**|**£**|**£**|**£**|**£**|**£**| |Donations – Zakaat|0|144,759|144,759|0|
113,992|113,992| |Donations – Sadaqah|38,989|0|38,989|83,073|0|83,073| |Donations - Zakaatul Fitr|0|4,339|4,339|0|9,364|9,364| |Donations – Fidya|0|3,631|3,631|0|5,271|0,5271| |Donations – Jummuah|19,083|0|19,083|3,337|0|3,337| |Donations - Masjid Appeal|0|613|613|0|3,438|
3,438| |Markaz COVID-19 appeal|0|0|0|1,319|0|1,319| |Donations – Orphans|0|0|0|0|1,339|1,339| |Donations - Foodpacks|0|0|0|0|450|450| |Donations - Ramadan food
packs|0|0|0|0|363|363| |GiftAid – HMRC|17,676|0|17,676|0|0|
0| |Donations - Masjid Aston
Appeal|0|14,644|14,644|0|0|0| |Donations - Morocco
Appeal|0|14,000|14,000|0|0|0| |||||||| |**TOTAL DONATIONS,**
**LEGACIES AND SIMILAR**|75,748|181,986|**257,734**|87,729|134,217|**221,946**| ## **2. Incoming Resources from Charitable activities** ||**Unrestricted**
**Funds**
**(2022)**|**Total**
**Funds**
**(2022)**|**Unrestricted**
**Funds**
**(2021)**|**Total**
**Funds**
**(2021)**| |---|---|---|---|---| ||**£**|**£**|**£**|**£**| |School Fees|4,992|4,992|0|0| |Bookshop Sales - Books, Food &
Other|5,155|5,155|14,803|14,803| |||||| |**TOTAL INCOMING RESOURCES**
**FROM CHARITABLE ACTIVITIES**|10,148|**10,148**|14,803|**14,803**| 36 **ANNUAL ACCOUNTS FOR THE PERIOD** ## **3. Income from other Resources** ||**Unrestricted**
**Funds**
**(2022)**|**Total**
**Funds**
**(2022)**|**Unrestricted**
**Funds**
**(2021)**|**Total**
**Funds**
**(2021)**| |---|---|---|---|---| ||**£**|**£**|**£**|**£**| |HMRC Job Retention Scheme
Grant|14,991|14,991|27,382|
27,382| |Business Rates COVID-19 Grant|0|0|25,000|25,000| |Loan repayment|0|0|880|880| |||||| |**TOTAL INCOME FROM OTHER**
**RESOURCES**|14,991|**14,991**|53,262|
**53,262**| ## **4. Charitable activities** ||**Unrestricted**
**Funds**
**(2022)**|**Restricted**
**Income**
**Funds**
**(2022)**|**Total**
**Funds**
**(2022)**|**Unrestricted**
**Funds**
**(2021)**|**Restricted**
**Income**
**Funds**
**(2021)**|**Total**
**Funds**
**(2021)**| |---|---|---|---|---|---|---| ||**£**|**£**|**£**|**£**|**£**|**£**| |Donations – Zakaat|0|190,900|190,900|0|93,650|93,650| |Salaries|53,778|0|53,778|48,646|0|48,646| |Donations – Zakaatul Fitr|0|7,300|7,300|0|8,617|8,617| |Donations – Fidya|0|0|0|0|7,220|7,220| |COVID-19 Hardship Loan|0|0|0|5,640|0|5,640| |Donations - Eid food packs|0|0|0|0|2,179|2,179| |Donations - Ramadan food
packs|0|465|465|0|1,873|1,873| |COVID-19 Hardship fund|0|0|0|1,750|0|1,750| |Water well project|0|0|0|0|1,000|1,000| |Donations – Orphans|0|400|400|0|552|552| |Donations – Masjid Appeal|0|0|0|0|423|423| |Donations - Morocco
Appeal|0|12,000|12,000|0|0|0| |Donations - Masjid Aston
Appeal|0|30,000|30,000|0|0|0| |||||||| |**TOTAL CHARITABLE**
**ACTIVITIES**|53,778|241,065|**294,843**|56,036|115,514|**171,550**| 37 **ANNUAL ACCOUNTS FOR THE PERIOD** ## **5. Other expenditure** ||**Unrestricted**
**Funds**
**(2022)**|**Total**
**Funds**
**(2022)**|**Unrestricted**
**Funds**
**(2021)**|**Total**
**Funds**
**(2021)**| |---|---|---|---|---| ||**£**|**£**|**£**|**£**| |Rent|22,800|22,800|23,317|23,317| |Bookprinting|9,334|9,334|9,292|9,292| |Refurbishment – including
Paintingand Decorating|1,567|1,567|7,220|7,220| |COVID-19 deepclean|1,500|1,500|3,000|3,000| |Storage costs|3,117|3,117|2,427|2,427| |Stock purchases for
bookshop|3,601|3,601|2,104|2,104| |Utilities – Electricity, Gas &
Water|1,553|1,553|2,847|2,847| |Refurbishment – Ablution
Area|0|0|1,247|1,247| |Donation machine|0|0|1,194|1,194| |HMRC PAYE/NIC|1,310|1,310|1,060|1,060| |Utilities – Telephone &
Internet|1,005|1,005|1,003|1,003| |Card machine fees|803|803|640|640| |Payrollprocessingfees|240|240|540|540| |Shippingcosts|0|0|321|321| |JustGiving platform
processingfees|216|216|198|198| |Cleaningequipment|0|0|124|124| |Audio broadcast (Mixlr)
annual subscription fee|0|0|74|74| |Bank charges|87|87|72|72| |Website hosting|0|0|22|22| |Umbrella stand|0|0|20|20| |Electrical consumables|0|0|7|7| |Business Rates|378|378|0|
0| |||||| |**TOTAL OTHER**
**EXPENDITURE**|47,511|**47,511**|56,728|**56,728**| 38 **ANNUAL ACCOUNTS FOR THE PERIOD** ## **6. Staff Costs** ||**2022**|**2021**| |---|---|---| ||**£**|**£**| |Salaries|**53,778**|
**48,646**| |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 2022 (2021: £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. 39 **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: - Voluntary income is received by way of donations and is included in full in the Statement of Financial Activities when receivable. - Donated services and facilities are included at the value to the charity where this can be quantified. The value of services donated by volunteers has not been included in these accounts, except where the services provided are in the nature of professional services where a fee would otherwise be charged, in which case the donated service is valued at their chargeable rate. - Income from charitable trading activity is accounted for when earned. 40 **ANNUAL ACCOUNTS FOR THE PERIOD** ## _Donations and legacies_ Income from donations and legacies comprises income generated from the following sources: - Gifts and donations received/receivable including legacies; - Any tax reclaimed on amounts received under gift aid; - Grants that provide core funding or are of a general nature; - Membership subscriptions and sponsorships where these are, in substance, donations; and - Gifts in kind and donated services and facilities. 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: - Sale of goods or services as a charitable activity; - Sale of goods made or services provided by the charity’s beneficiaries; - Letting of non-investment property in furtherance of the charity’s objects; - Grants specifically for the provision of goods or services as part of charitable activities or services to beneficiaries (including performance-related grants); and - Ancillary trades connected with the above. 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. 41 **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: - Grants, - The direct provision of charitable service; and - A proportion of the charity’s support costs which, if allocated, will be explained in the notes to the accounts. They exclude: - The cost of raising funds to finance these activities 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: - Equipment 5% at reducing balance basis - Fixtures & Fittings 5% at reducing balance basis 42