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← Markaz Muaadh Ibn Jabal Islamic Centre

2024-03-31-accounts

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

ANNUAL AND FINANCIAL REPORT 2024

(PERIOD 1[ST] APRIL 2023 – 31[ST] MARCH 2024)

1

CONTENTS

Page
Introduction 3
Trustees’ annual report for the period 4
Independent examiner’s report on the accounts 29
Annual accounts for the period 31

2

INTRODUCTION

This is the 2024 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 2024.

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Section A Reference and administration details Reference and administration details
Period start date _From:_01/04/2023
Period end date To:
31/03/2024
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

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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 2023-2024, 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, public 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

Community outreach programme

The charity continued to provide help in the community, including food parcels, legacy COVID-19 hardship fund, help in the community (shopping, medication collection).

==» @MarkazMuaadhMarkaz Mu’aadh @ L Foliow |] Alhamdulillah, @MarkazMuaadh ,Slough, Alhamdulillaah, Mari prepamenad 6th f Wa da d begun distributing food packs in time for Ra REG Packs year of providing Rama an Foo to the vulnerable and those who have betty. * for families in need in Slough and adversely affected by the coronavirus.outbreak.7 theease Jlsi9: aile.w London. May Allah: aay Allaah grant us allFin.tawfeeq to reach_| in =f | affairs of our brothers and sisters | 4 perform deeds that are agsuammeem h Ra a4 be .wherever they may be ae {a io Cum \BEN is

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Moroccan Earthquake Relief Effort

Volunteers on the ground distributed aid and food, and ran medical clinics to assist those in need, including the assistance of rebuilding homes and infrastructure.

Earthquake Appeal arthquake Appea

Account Name: Markaz Mu'aadh Ibn Jabal Sort Code; 40-42-08 | Account Number: 5189 111] InternationalIBAN.:[GBOSHBUK4042085189111] BIC/SWIFT Code: HBUKGBAI09E PayPal: donations@markazmuaadh.com

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Cash or pay by bank card at the Centre
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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Continued success and wider distribution of publications

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

----- Start of picture text -----
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2a
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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Masjid Appeal Fundraising Event

Dinner evening to present plans for purchasing a building for a Masjid – attended and supported by more than 1,000 people from the local community.

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 in number of followers with 33,000 followers on X, an increase of 2,000 followers from the previous year (2023).

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

X page

The charity also promotes itself and its objectives via Instagram (>11,000 followers), 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 7,000 subscribers and over 185,000 views since its launch.

Furthermore, the charity’s SoundCloud page continues to reach a wider audience with audio recordings played over 100,000 times with over 11,000 followers.

Mixlr is a very popular channel whereby the charity broadcasts its lectures live on air, with over 5,000 followers and approximately 308,000 total listens.

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

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

YouTube channel

SoundCloud channel

----- Start of picture text -----
culuraWe 3 2and chartabiemutifan soci,organisation se up in 2006 n order to enhance cormunty relations educstonard
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Mixlr channel

Website traffic

Website

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Distribution of Zakaatul Fitr and Fidya in Morocco

Zakaatul Fitr charity (obligatory charity during Ramadan) was distributed (£15,260 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 (£10,776 in total) in Morocco, where food was purchased and distributed to the poor according to the Islamic principles.

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Eid events for the community

The Charity hosts the Eid events for the community twice a year, with more than 3,000 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.

Ongoing 'Eid preparations, breakfast & more for our community @MarkazMuaadh, Slough, bringing joy & happiness to our young & elders during this blessed celebration. Allah bless & strengthen our communities upon the Qur'an & Sunnah, for that is where true

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x
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19

Fora TE Ewe

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Congregation continuing to increase

The charity has seen a significant increase in the number of people attending its 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 3,000 people attending the Eid prayers).

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.

Live with them

----- Start of picture text -----
Thursday On
1st February 2024
After 'Isha Prayer (8pm)
Listen live via-nttp://mixi-Conv/markazmuaadh
ui
@markazmuaadh 19 Spackmans Way, Siough,
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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

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

Funds materially in deficit

There were no funds materially in deficit during 2023-2024.

Principal sources of funding

The principal source of funding is from individual donors from within the UK who generously donate to the charity and 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 £579,072; with 84% (£485,871) received from our donors and the balance of £93,201 coming primarily from income from other resources. The total income received in 2023-2024 was up 36% from the previous year, 2022-2023 (£426,138).

- Income Summary (2023 2024)

----- Start of picture text -----
Donations - Morocco
Loan repayment, 3% Appeal, 2%
Donations -
Jummuah, 5%
Gift Aid, 5%
School Fees, 6% Donations - Zakaat,
36%
Donations - Masjid
Appeal, 11%
Donations -
Sadaqah, 29%
----- End of picture text -----

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Income Description Income
Received		 Percentage of total
income received
Donations - Zakaat £208,469.92 36%
Donations - Sadaqah £167,383.45 29%
Donations - Masjid Appeal £62,991.93 11%
School Fees £35,040.00 6%
Gift Aid £31,714.47 5%
Donations - Jummuah £30,406.51 5%
Loan repayment £20,000.00 3%
Donations - Morocco Appeal £12,260.60 2%
BookshopSales - Books,Food & other £6,362.99 1%
Donations - Zakaatul Fitr £3,006.34 1%
Donations - Fidyah £1,102.00 0.2%
Donations - Orphans & Widows £250.00 0.04%
Refund for maintenance and repairs £83.95 0.01%
Total income received £579,072.16 100%

24

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Expenditure

During the year Markaz Muaadh Ibn Jabal spent £362,401. 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 (£143,632). Expenditure this year was down against the previous year by 12%, having spent £411,198 during 2022-2023.

- Expenditure Summary (2023 2024)

----- Start of picture text -----
Donations - Morocco Appeal,
4%
Printing costs, 4%
Hall Hire and Dinner for
Fundraising Event, 4%
Donations - Zakatul Fitr, 4%
Rent, 6% Donations - Zakaat, 40%
Transfer to Masjid Appeal
account, 9%
Salaries, 15%
----- End of picture text -----

25

TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

Expenditure Description Expenditure
spent		 Percentage of total
expenditure spent
Donations - Zakaat £143,632.23 40%
Salaries £54,177.50 15%
Transfer to Masjid Appeal account £33,849.30 9%
Rent £21,464.32 6%
Donations - Zakatul Fitr £15,260.00 4%
Hall Hire and Dinner for FundraisingEvent £15,000.00 4%
Printingcosts £13,292.00 4%
Donations - Morocco Appeal £12,772.21 4%
Donations - Fidya £10,776.00 3%
CommunityFood Packs £9,821.03 3%
Transfer to Markaz Orphans & Widows account £8,830.00 2%
Utilities - Electricity,Gas & Water £5,554.45 2%
Hall Hire for Eid Event £4,000.00 1%
Storage Costs £3,684.37 1%
BookshopPurchases £2,757.43 1%
HMRC PAYE/NIC £1,257.07 0.3%
Purchases for Eid Event £1,156.61 0.3%
Card reader transaction fees £1,078.02 0.3%
Employer's and Public LiabilityAnnual Insurance £1,023.93 0.3%
Utilities - Telephone & Internet £963.24 0.3%
Maintenance and Repairs £689.71 0.2%
Bank Charges £339.05 0.1%
CommunityEvent £250.00 0.1%
Payrollprocessingfee £240.00 0.1%
JustGiving platformprocessingfee £234.00 0.1%
Subscriptions £173.72 0.05%
Business Rates £76.75 0.02%
Council Tax £47.66 0.01%
Total expenditure spent £362,400.60 100%

Donations – Zakaat distribution 2023-2024

Markaz Muaadh Ibn Jabal Islamic Centre distributed Zakaat totalling £143,632 in 2023-2024.

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

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TRUSTEES’ ANNUAL REPORT FOR THE PERIOD

- Zakaat distribution Summary (2023 2024)

All Zakaat donations during 2023-2024 were distributed within the United Kingdom.

Net Income/Spending

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£700,000
£600,000
£500,000
£400,000
£300,000
£200,000
£100,000
£0
2024 2023 2022 2021 2020
-£100,000
Income Spending Net Income/Spending
----- End of picture text -----

Financial year end (31-
March)		 Income Spending Net
Income/Spending
2024 £579,072 £362,401 £216,672
2023 £426,138 £411,198 £14,940
2022 £282,872 £342,354 -£59,482
2021 £290,011 £228,278 £61,733
2020 £235,945 £208,738 £27,207

Section F Other information

Overall, an exceptional year for the Charity during 2023-2024, as detailed per the Achievements and Performance section of the Trustees’ Annual Report. The Charity expects this to continue further in 2024/2025 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:

  • 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 i.
Full name Mohsan Shiraz Malik
Position Secretary and Trustee
Date 27/01/2025

28

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		 01/04/2023 – 31/03/2024 Charity no 1119843
Set out on pages 31 - 41
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.

29

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.
Name:
Relevant professional
Address:
 77 Belmont Crescent, Maidenhead,
~~
England, United Kingdom,
SL6 6LR

30

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: 01/04/2023 – 31/03/2024 STATEMENT OF FINANCIAL ACTIVITIES

Note Unrestricted
Funds		 Restricted
Income
Funds		 Total
Funds
(2024)		 Prior Year
Funds
(2023)
£ £ £ £
Incoming Resources
Income from:
Donations,legacies and similar 1 229,504 288,081 517,585 422,784
Incoming Resources from
Charitable activities		 2 41,403 0 41,403 3,353
Income from other Resources 3 20,084 0 20,084 0
TOTAL INCOMING
RESOURCES		 290,991 288,081 579,072 426,137
Resources Expended
Expenditure on:
Charitable activities 4 54,178 234,940 289,118 363,666
Other expenditure 5 73,282 0 73,282 47,531
TOTAL RESOURCES EXPENDED 127,460 234,940 362,400 411,197
NET MOVEMENT IN FUNDS 163,531 53,141 216,672 14,940

31

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: 01/04/2023 – 31/03/2024 STATEMENT OF ASSETS AND LIABILITIES AT THE END OF THE PERIOD 31/03/2024

FIXED ASSETS
Equipment Fixtures &
**Fittings **		 Total
£ £ £
COST
As At 1 April 2023 5,250 5,565
10,815
Additions - -
-
As At 31 March 2024 5,250 5,565
10,815
DEPRECIATION
As At 1 April 2023 4,991 5,600
10,591
Charge For The Year 263 278
541
As At 31 March 2024 5,254 5,878
11,132
NET BOOK VALUES
AS AT 31 March 2024 0 0
0
AS AT 31 MARCH 2023 259 0
224

32

ANNUAL ACCOUNTS FOR THE PERIOD

CURRENT ASSETS 2024 2023 £ £ Cash & Bank Account Balances 408,777 190,350 Debtors 0 0 Stock 14,375 12,250 TOTAL CURRENT ASSETS 423,152 202,600 CASH FUNDS ~~=e~~ Restricted Unrestricted Restricted Income Total Funds Income Total Funds Unrestricted Funds Funds (2024) Funds (2024) (2024) Funds (2023) (2023) (2023) £ £ £ £ £ £ Markaz Current ~~sere~~ Account 109,325 0 109,325 59,274 0 59,274 Masjid Appeal Account 0 299,068 299,068 0 119,802 119,802 Markaz Orphans & Widows Account 0 384 384 0 11,274 11,274 TOTAL CASH FUNDS 109,325 299,452 408,777 59,274 131,076 190,350 CREDITORS 2024 2023 £ £ Amounts Falling Due Within One Year 0 0 Amounts Falling Due after more than One Year 0 0 TOTAL CREDITORS 0 0 ~~SS~~ The annual accounts for the period have been approved by the trustees on date and signed on their behalf by:

Signature Full name Mohsan Shiraz Malik Position Secretary and Trustee Date 27/01/2025

33

ANNUAL ACCOUNTS FOR THE PERIOD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. Donations, legacies and similar

Unrestricted
Funds
(2024)		 Restricted
Income
Funds
(2024)		 Total
Funds
(2024)		 Unrestricted
Funds
(2023)		 Restricted
Income
Funds
(2023)		 Total
Funds
(2023)
£ £ £ £ £ £
Donations – Zakaat 0 208,470 208,470 0 252,133 252,133
Donations – Sadaqah 167,383 0 167,383 71,719 0 71,719
Donations - Zakaatul Fitr 0 3,006 3,006 0 10,284 10,284
Donations – Fidya 0 1,102 1,102 0 7,523 7,523
Donations – Jummuah 30,407 0 30,407 866 0 866
Donations - Masjid Appeal 0 62,992 62,992 0 7,697 7,697
Donations - Community
Food Packs		 0 0 0 0 120 120
Donations – Pakistan
Appeal		 0 0 0 0 29,068 29,068
Donations – TurkeyAppeal 0 0 0 0 2,464 2,464
Donations - Bangladesh
Appeal		 0 0 0 0 38 38
GiftAid – HMRC 31,714 0 31,714 0 0 0
Donations - Masjid Aston
Appeal		 0 0 0 0 10,397 10,397
Donations - Morocco
Appeal		 0 12,261 12,261 0 28,342 28,342
Donations - Orphans &
Widows		 0 250 250 0 2,133 2,133
TOTAL DONATIONS,
LEGACIES AND SIMILAR		 229,504 288,081 517,585 72,585 350,199 422,784

34

ANNUAL ACCOUNTS FOR THE PERIOD

2. Incoming Resources from Charitable activities

Unrestricted
Funds
(2024)		 Total
Funds
(2024)		 Unrestricted
Funds
(2023)		 Total
Funds
(2023)
£ £ £ £
School Fees 35,040
35,040
36		 36
Bookshop Sales - Books, Food &
Other		 6,363
6,363
3,317		 3,317
TOTAL INCOMING RESOURCES
FROM CHARITABLE ACTIVITIES		 41,403
41,403
3,353		 3,353

3. Income from other Resources

Unrestricted
Funds
(2024)		 Total
Funds
(2024)		 Unrestricted
Funds
(2023)		 Total
Funds
(2023)
£ £ £ £
Loan repayment 20,000 20,000 0 0
Refund for maintenance and
repairs		 84 84 0 0
TOTAL INCOME FROM OTHER
RESOURCES		 20,084 20,084 0
0

35

ANNUAL ACCOUNTS FOR THE PERIOD

4. Charitable activities

Unrestricted
Funds
(2024)		 Restricted
Income
Funds
(2024)		 Total
Funds
(2024)		 Unrestricted
Funds
(2023)		 Restricted
Income
Funds
(2023)		 Total
Funds
(2023)
£ £ £ £ £ £
Donations – Zakaat 0 143,632 143,632 0 211,379 211,379
Salaries 54,178 0 54,178 55,238 0 55,238
Donations – Zakaatul Fitr 0 15,260 15,260 0 11,500 11,500
Donations – Fidya 0 10,776 10,776 0 8,000 8,000
Donations - Bangladesh
Appeal		 0 0 0 0 2,052 2,052
Donations - Ramadan food
packs		 0 9,821 9,821 0 0 0
Transfer to Masjid Appeal
account		 0 33,849 33,849 0 10,000 10,000
Donations – Orphans 0 8,830 8,830 0 0 0
Donations – Pakistan
Appeal		 0 0 0 0 30,000 30,000
Donations - Morocco
Appeal		 0 12,772 12,772 0 33,202 33,202
Donations - Masjid Aston
Appeal		 0 0 0 0 2,295 2,295
TOTAL CHARITABLE
ACTIVITIES		 54,178 234,940 289,118 55,238 308,428 363,666

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ANNUAL ACCOUNTS FOR THE PERIOD

5. Other expenditure

Unrestricted
Funds
(2024)		 Total
Funds
(2024)		 Unrestricted
Funds
(2023)		 Total
Funds
(2023)
£ £ £ £
Rent 21,464 21,464 22,466 22,466
Hall Hire and Dinner for
FundraisingEvent		 15,000 15,000 0 0
Bookprinting 13,292 13,292 0 0
Refurbishment – including
Paintingand Decorating		 690 690 0 0
Storage costs 3,684 3,684 3,450 3,450
Hall Hire for Eid Event 4,000 4,000 0 0
Stock purchases for
bookshop		 2,757 2,757 13,839 13,839
Utilities – Electricity, Gas &
Water		 5,554 5,554 3,157 3,157
HMRC PAYE/NIC 1,257 1,257 1,200 1,200
Employer's and Public
LiabilityAnnual Insurance		 1,024 1,024 0 0
Utilities – Telephone &
Internet		 963 963 988 988
Card machine fees 1,078 1,078 786 786
Payrollprocessingfees 240 240 240 240
JustGiving platform
processingfees		 234 234 216 216
Bank charges 339 339 143 143
Miscellaneous 0 0 36 36
Purchases for Eid Event 1,157 1,157 152 152
Business Rates 77 77 858 858
CommunityEvent 250 250 0 0
Subscriptions 174 174 0 0
Council Tax 48 48 0 0
TOTAL OTHER
EXPENDITURE		 73,282 73,282 47,531 47,531

37

ANNUAL ACCOUNTS FOR THE PERIOD

6. Staff Costs

2024 2023
£ £
Salaries 54,178
55,238
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 as of 31 March 2024 (2023: £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.

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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.

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ANNUAL ACCOUNTS FOR THE PERIOD

  • Income from charitable trading activity is accounted for when earned.

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.

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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

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