Company registration number: 04202138 Charity registration number: 1121087
**BH ISLAMIC CENTRE - LONDON TRUSTEE'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
Astute Accountants & Tax Consultants
**Bh Islamic Centre - London Contents**
||**Page**|
|---|---|
|Trustee's Report|1—4|
|Independent Examiner's Report|5|
|Statement of Financial Activities (including Income and Expenditure Account)|6|
|Balance Sheet|7—8|
|Notes to the Financial Statements|9—13|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities (including Income and Expenditure Account)|14—15|
**Bh Islamic Centre - London Company No. 04202138 Trustee's Report For The Year Ended 31 March 2025**
The trustee presents his report and the financial statements for the year ended 31 March 2025.
## **Objectives and Activities**
## **Aims and Objectives**
The main objectives of the charity are set out in the charity’s trust deed and are summarised as follows:
1) The advancement of the Islamic religion for the benefit of the public, and in particular the Bosnian community
2) The promotion of religious harmony for the benefit of the public by:
educating the public in different religious beliefs including an awareness of their distinctive features and their common ground to promote good relations between persons of different faiths;
promoting knowledge and mutual understanding and respect of the beliefs and practices of different religious faiths.
3) The relief of financial hardship, either generally or individually, of members of the Bosnian community living in the United Kingdom and elsewhere by making grants of money for providing or paying for items services or facilities.
4) The advancement of the education of members of the Bosnian community in the London area through the provision of supplementary schools, training courses and conferences.
## **Achievements and Performance**
## **Main Achievements**
In carrying out the charity's activities the Trustees have had regard to the Charity Commissioner's guidance on public benefit. The Charity manages an Islamic Centre where regular prayers are held. This is to provide a place of worship for the local Muslim population. The centre also provides a place to educate the community with religious and historical studies and get help and guidace in time of needs in all aspects of life.
Every year we mark the anniversary of Srebrenica genocide and other key events in our (Bosnia Herzegovina) history. We also participate in various religious activities on a weekly, monthly and yearly basis.
In the past the Chairty managed three shops, but post Covid-19, the operation has been reduced to only 1 shop. The higher taxes and rates are making it impossible to continue running shops and the Trustees are monitoring the situation closely and will decide the fate of the 1 remining shop.
Funds are being spent on expansion of the Centre to cater for more public during congregations and other community activities.
## **Financial Review**
## **Financial Position**
## **Principal funding source**
The charity’s main source of income is:
1- donations from the community collected on a weekly basis
2- Membership fee, and
3- takings from the shop.
Page 1
**Bh Islamic Centre - London Trustee's Report (continued) For The Year Ended 31 March 2025**
## **Reserves Policy**
The charity continues to assess future investment proposals in its periodic meetings. All cash reserves are held in the charity’s bank accounts.
## **Structure, Governance and Management**
## **Governing Document**
BH Islamic Centre London was formed in 2007. It is registered with the Charity Commission under registration number 1121087. The Charity is governed under a Trust Deed erected at the time of formation of this Charity.
## **Organisational structure**
The charity trustees are responsible for the general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits.
The trustees meet together as a body at least once in year and are responsible for all decisions taken in relation to running of the charity and the community facilities and the activities provided by the charity, The day-to- day management of the Charity and community facilities and projects are delegated to designated trustee.
## **Trustee Selection Methods**
The existing trustees are responsible for the recruitment of new trustees, In selecting new trustees, we seek to identify people who have good reputation in community and are willing to volunteer to help in our broader community work, Potential trustees are invited to attend trustees' meeting as observers and are given more details of the charity's aims and activities and, if all agree, they are then proposed as new trustees at the subsequent trustees' meeting. This process allows due consideration of the person' s eligibility, personal competence, specialist knowledge and skills.
## **Reference and Administrative Details**
## **Trustee**
Mr Islam Omanovic
## **Company Secretaries**
Mr Midhat Jusufovic Mr Irfan Hamulic
## **Charity Number**
1121087
## **Company Number**
04202138
## **Principal Address**
129 Cricklewood Broadway London NW2 3JG
Page 2
**Bh Islamic Centre - London Trustee's Report (continued) For The Year Ended 31 March 2025**
## **Independent Examiner**
Faisal Meraj FCMA Astute Accountants & Tax Consultants Chartered Management Accountants 565 High Road Leytonstone London E11 4PB
Page 3
**Bh Islamic Centre - London Trustee's Report (continued) For The Year Ended 31 March 2025**
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustee's report was approved by the board of trustees and signed on its behalf by:
Mr Islam Omanovic Trustee 26 December 2025
Page 4
**Bh Islamic Centre - London Independent Examiner's Report to the Trustees of Bh Islamic Centre - London For The Year Ended 31 March 2025**
I report to the charity trustee on my examination of the accounts of the Company for the year ended 31 March 2025.
## **Responsibilities and Basis of Report**
As the charity trustee of the Company (and also its director for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Faisal Meraj FCMA 26 December 2025 565 High Road Leytonstone London E11 4PB
Page 5
## **Bh Islamic Centre - London Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Other trading activities
**4**
**EXPENDITURE ON:**
Raising funds
**6**
Charitable activities:
**6**
Charitable shop
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**16**|**2025**
**Unrestricted**
**funds**
**£**
68,194
12,505|**2024**
**Unrestricted**
**funds**
**£**
48,531
39,687|
|---|---|---|
||80,699|88,218|
||(48,911)
(6,619)|(53,141)
(25,824)|
||(55,530)|(78,965)|
||25,169|9,253|
||25,169
517,877|9,253
508,624|
||543,046|517,877|
The notes on pages 9 to 13 form part of these financial statements.
Page 6
## **Bh Islamic Centre - London Balance Sheet As At 31 March 2025**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**11**
**CURRENT ASSETS**
Debtors
**12**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**13**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**Creditors: Amounts Falling Due After More Than One Year**
**14**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted Funds
**TOTAL FUNDS**
**16**|**2025**
**Unrestricted**
**funds**
**£**
682,268|**2024**
**Total**
**funds**
**£**
649,858|
|---|---|---|
||682,268
6,715
15,807|649,858
6,715
29,750|
||22,522
(12,071)|36,465
(12,189)|
||10,451|24,276|
||692,719|674,134|
||(149,673)|(156,257)|
||543,046|517,877|
||543,046|517,877|
||543,046|517,877|
Page 7
**Bh Islamic Centre - London Balance Sheet (continued) As At 31 March 2025**
For the year ending 31 March 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Islam Omanovic
Trustee 26 December 2025
The notes on pages 9 to 13 form part of these financial statements.
Page 8
**Bh Islamic Centre - London Notes to the Financial Statements For The Year Ended 31 March 2025**
## 1. **General Information**
Bh Islamic Centre - London is a company limited by guarantee, incorporated in England & Wales, registered number 04202138 and registered charity number 1121087. The registered office is .
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Incoming Resources**
Income is received from public donations collected weekly, membership fee and shop sales.
## 2.3. **Resources Expended**
Expenses incurred relate to the shop employees, rent and rates and other aniciliary expenses. Other expenses are incurrent for the running of the Islamic Centre and various activities it undertakes.
## 2.4. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Investment property. Not depreciated Plant & Machinery 20% reducing balance
## 2.5. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
## 3. **Income from Donations and Legacies**
|Donations and gifts
Member subscriptions and sponsorships|**2025**
**Unrestricted**
**funds**
**£**
63,269
4,925|**2024**
**Unrestricted**
**funds**
**£**
41,916
6,615|
|---|---|---|
||68,194|48,531|
Page 9
**Bh Islamic Centre - London Notes to the Financial Statements (continued) For The Year Ended 31 March 2025**
4. **Income from Other Trading Activities**
|4.
**Income from Other Trading Activities**||||
|---|---|---|---|
|Shop income
5.
**Net Income/(Expenditure)**
The net income is stated after charging/(crediting):
Depreciation of tangible fixed assets - owned
6.
**Analysis of Expenditure**
Raising funds
Charitable shop
Raising funds
Charitable shop|**Activities**
**undertaken**
**directly**
**£**
1,060
-|**2025**
**Unrestricted**
**funds**
**£**
12,505|**2024**
**Unrestricted**
**funds**
**£**
39,687|
|||**2025**
**£**
107|**2024**
**£**
134|
|||**Support costs**
(see note 7)
**£**
52,081
25,824|**2025**
**Support costs**
(see note 7)
**£**
48,911
6,619|
||||55,530|
||||**2024**
**Total**
**£**
53,141
25,824|
||1,060|77,905|78,965|
Page 10
**Bh Islamic Centre - London Notes to the Financial Statements (continued) For The Year Ended 31 March 2025**
## 7. **Support Costs**
|Employee costs
Premises expenses
General administration
Depreciation
Interest payable
Employee costs
Premises expenses
General administration
Depreciation
Interest payable
8.
**Independent Examiner's Remuneration**
Independent examination of the financial statements
9.
**Staff Costs**
Staff costs were as follows:
Wages and salaries
Other pension costs|**Raising**
**funds**
**£**
26,936
4,319
3,345
107
14,204|**Raising**
**funds**
**£**
26,936
4,319
3,345
107
14,204|**Charitable**
**shop**
**£**
1,325
5,294
-
-
-|**2025**
**Total**
**£**
28,261
9,613
3,345
107
14,204|
|---|---|---|---|---|
||48,911||6,619|55,530|
||**Raising**
**funds**
**£**
26,148
3,678
7,439
134
14,682||**Charitable**
**shop**
**£**
8,136
17,688
-
-
-|**2024**
**Total**
**£**
34,284
21,366
7,439
134
14,682|
||52,081||25,824|77,905|
||||**2025**
**£**
1,500
**2025**
**£**
27,287
257
27,544|**2024**
**£**
1,440|
|||||**2024**
**£**
33,799
-|
|||||33,799|
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
10. **Average Number of Employees**
Average number of employees during the year was: 2 (2024: 2)
Page 11
**Bh Islamic Centre - London Notes to the Financial Statements (continued) For The Year Ended 31 March 2025**
## 11. **Tangible Assets**
|**Cost**
As at 1 April 2024
Additions
As at 31 March 2025
**Depreciation**
As at 1 April 2024
Provided during the period
As at 31 March 2025
**Net Book Value**
As at 31 March 2025
As at 1 April 2024
12.
**Debtors**
**Due within one year**
Other debtors
13.
**Creditors: Amounts Falling Due Within One Year**
Trade creditors
Other creditors
Taxation and social security
14.
**Creditors: Amounts Falling Due After More Than One Year**
Bank loans|**Land &**
**Property**
**Freehold**
**£**
649,323
32,517|**Land &**
**Property**
**Freehold**
**£**
649,323
32,517|**Plant &**
**Machinery**
**£**
13,473
-|**Total**
**£**
662,796
32,517|
|---|---|---|---|---|
||681,840||13,473|695,313|
||-
-||12,938
107|12,938
107|
||-||13,045|13,045|
||681,840||428|682,268|
||649,323||535|649,858|
||||**2025**
**£**
6,715
**2025**
**£**
255
3,773
8,043
12,071
**2025**
**£**
149,673|**2024**
**£**
6,715|
|||||**2024**
**£**
255
3,678
8,256|
|||||12,189|
|||||**2024**
**£**
156,257|
Page 12
## **Bh Islamic Centre - London Notes to the Financial Statements (continued) For The Year Ended 31 March 2025**
## 15. **Pension Commitments**
The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund.
During the year the charge to the statement of financial activities in respect of defined contribution schemes was £257 (2024: £0).
At the balance sheet date contributions of £NIL were due to the fund and are included in creditors.
## 16. **Movement in Funds**
|**Unrestricted funds**
General:
General unrestricted fund
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
**Total funds**|**As at 1 April**
**2024**
**£**
517,877|**Income**
**£**
80,699|**Expenditure**
**£**
(55,530)|**As at 31**
**March 2025**
**£**
543,046|
|---|---|---|---|---|
||517,877|80,699|(55,530)|543,046|
||**As at 1 April**
**2023**
**£**
508,624|**Income**
**£**
88,218|**Expenditure**
**£**
(78,965)|**As at 31**
**March 2024**
**£**
517,877|
||508,624|88,218|(78,965)|517,877|
## 17. **Transactions with Trustees**
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
## 18. **Related Party Disclosures**
There have been no related party transactions in the reporting period that require disclosure.
## 19. **Company limited by guarantee**
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 13
## **Bh Islamic Centre - London Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025**
|**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations and gifts
Membership subscriptions
**Other trading activities**
Shop income
**EXPENDITURE ON:**
**Raising funds**
Other direct costs
Wages and salaries
Employers pensions - defined contributions scheme
Staff welfare
Travel expenses
Repairs and maintenance
Insurance
Printing, postage and stationery
Carriage and freight
Independent examiner's fees
Bank charges
Sundry expenses
Depreciation
Bank interest payable
**Charitable Activities:**
**Charitable shop**
Wages and salaries
Rent
Rates
Light and heat
**NET INCOME**|**2025**
**Total**
**funds**
**£**
63,269
4,925|**2024**
**Total**
**funds**
**£**
41,916
6,615|
|---|---|---|
||68,194
12,505|48,531
39,687|
||12,505|39,687|
||80,699
-
(25,962)
(257)
(59)
(658)
(4,319)
(1,403)
(442)
-
(1,500)
-
-
(107)
(14,204)|88,218
(1,060)
(25,663)
-
(77)
(408)
(3,678)
(3,811)
(37)
(2,072)
(1,440)
(66)
(13)
(134)
(14,682)|
||(48,911)
(1,325)
(1,400)
(2,907)
(987)|(53,141)
(8,136)
(8,400)
(6,747)
(2,541)|
||(6,619)|(25,824)|
||(55,530)|(78,965)|
||25,169|9,253|
Page 14
**Bh Islamic Centre - London Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued) For The Year Ended 31 March 2025**
Page 15