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2023-03-31-accounts

CONTENTS
Contents
Corporate
Details
Trustees'
Annual
Report
Objects and Public Benefit
Activities
Strategic Report
Achievements
and Performance
Plans for the Future
Financial
Review		 12
Structure,
Governance		 and Management
Statement ofTrustees' Responsibilities 13
Independent
Auditor's		 Report 15
Statement of Financial Activity 18
Statement of Financial Position 19
Statement ofCash Flows 20
Notes to the Financial Statement 21-30

Registered Registered Name East London Mosque Trust
Working Names East London Mosque
London
Muslim Centre
Company Number 00468317
Charity Number 1122613
Trustees (Directors) Ayub Khan —Chairman
(on the date the report Abdul-Hayee
Murshad —Honorary Secretary
was approved) Syed Tohel Ahmed —Treasurer
Abdullah
Faliq
Harun
Rashid
Khan
Hussain
Muhammad
Shefaar		 (resigned 08.12.2022)
Ibrahim
lan Thompson		 (appointed 27.07.2023)
Mahera
Ruby
Muhammad
Habibur
Rahman
Ruhana
Ali
Salma Siddiqua
Sayeda Anzumara
Begum
Registered Office 82-92 Whitechapel
Road, London, E1 1JQ
Statutory Auditors Abacus Partners
(Ldn) LLP,
Unit A, Abbotts Wharf, 93Stainsby Road, London, E146JL
Main Bankers HSBC, 1-3Bishopsgate,
London		 EC2N 3AQ
Al Rayan Bank, 24A Calthorpe Road, Birmingham B151RP
Barclays Bank Pic, Leicester LE872BB
Solicitors Lee Bolton Monier-Williams
Solicitors,
1 The Sanctuary,
London SW1P 3JT
Lincoln's Chambers
Solicitors,		 108a Whitechapel Road, London E1 1JE

EAST LONDON EAST LONDON MOSQUE TRUST MOSQUE TRUST
(Company
Limited by Guarantee)
CONSOLIDATED
STATEMENT		 OF FINANCIAL ACTIVITY (INCORPORATING THE INCOME 8 EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2023
Total Total
Notes Unrestricted Restricted 2023 2022
II~I R
5		 f f f f
Donafons and Legacies 1,576,689 2,025 1,578,914 1,316,287
Ac6vifes for Genera5ng
Funds		 604,783 604,783 546,771
Inveslment
Incorre		 945,046 945,046 885,141
Income 5'om Chariabte
Ac5vi6es		 269,048 1,667,055 1,936,103 1,456,062
Olhers Incomng Resources 46,916 46,916 189,741
Total lncomIng
Resources		 3,442,682 1,669,080 5,111,762 4,394,002
Resources
Ex ended
Fundraising
Coals		 266,484 266,484 210,664
Investnent
Managermnt
Costs		 299,690 588 300,278 215,289
Charilable
Ac5vi5es Cosh		 10 1,270,565 1,707,797 2,9/8,361 2,439,541
Support coals 738,348 738,348 645,877
Governance
cosh		 105,170 105,170 69,016
Total Resources Expended 2,680,257 1,708,385 4,388,641 3,580,387
Net income/Deficit
Before Fund Movements		 762,425 (39,305) 723,121 813,614
and exceptional
items
Gross Transfer
Bebveen Funds		 24 3,378,765 (3,378,765)
Net Movement
before other		 recognised gains and losses 4,141,190 (3,418,070) 723,121 813,614
Inpaimsnt
ofinvestment		 Note 30 (1,000,000) (1,000,000)
Gains/(losses)
on revaluation		 ofFixed asseb 13 46,320 46,320
Net Movement
In Funds		 3,187,510 (3,418,070) (230,559) 813,614
Reconciliation
offunds:
Toad Funds Brought Forward 32,999,872 4,365,209 37,365,081 36,551,467
Total Funds asat 31 March 2023 36,187,382 947,140 37,134,522 37,365,081
A5 lhe ac5vites oflhe company are from con5nuing opera6ons.

Total Total
Note 2023 2022
6 6
Fixed Assets:
Freehold
Land and Bugdings		 13 13,970,977 13,341,232
Leasehold
Land and Buildings		 13 10,456,034 10,456,034
Investnent
Propertes		 13 16,099,751 16,049,751
Ftxtjres, tgngs and equiprrent 13 433,299 453,681
Olher invesimenh 538,933
Inveslment
In Subidiaries		 1
41,498,995 40,300,699
Current Assets:
Slock 2,863 3,027
Debfors &prepayrrenh 14 1,158,332 825,535
Cash atbank &in hand 1,536,354 2,736,054
2,697,549 3,564,616
Current
Liabilities:
Amountfalling
due wilhin one		 year 15 3,598,376 3,221,139
Net Current Assets' (Liabilities) 900,826) 343,477
Total Assets less Current Liabilities 40,598,169 40,644,176
Creditors:
Amounthltng
due ater one year		 16 3,463,647 3,279,095
Total Net Assets 37,134,522 37,365,081
Funds
ofthe Charity
Reskfchd Funds 21 947,140 4,365,209
Unreslrirted
Funds		 22
General Funds 236,274 1,453,265
Designated
Funds		 35,951,108 36,187,382 31,546,607 32,999,872
Total Funds as at 31 March 2023 37,134,522 37,365,081
2023 2022
Notes f f
Cash from Operating
Activities
Operafng
Surplus / (Defcg)		 723,121 813,614
Rent from inveslmenh (944,017) (883,069)
Depreaaton 74,874 80,646
Olher Investnent
Incorrs		 (1,029) (2,068)
(Gain)/Loss on Ihed asset disposal
(Increase)/Decrease
in Deblors		 (332,797) 11,232
(Increase)/Decrease
in Slock		 164 422
Increase/(Decrease)
in Credibrs		 367,660 275,840
Cash from Operations (112,025) 296,617
Net Cash Generated
from Operations		 (112,025) 296,617
Cash from Investment
Activities
Purchase
ofTangible Fixed Assels		 (687,917) (122,088)
Investnenb
purchased		 (1,538,933)
Fixed assels disposal
Renls frominveslmenls 944,017 883,073
Interest/
Proft on investnent		 1,029 2,068
Net Cash Inflow/outflow from investment Activities (1,281,804) 763,053
Cash from Financing
Activities
Increase/(Decrease)
ofBank Loan		 (142,720) (141,068)
Increase/(Decrease)
ofQard Hasanah		 (Privale Loan) 336,850 194,12g (262,641) (403,709)
Net increase/(decrease) in Cash and Cash Equivalents (1,199,700) 655,957
Opening
Cash and Cash Equivalents		 2,736,054 2,080,097
Closing Cash and Cash Equivalenis 1,536,354 2,736,054
Reconciliation:
Cash at bank and in hand 1,536,354 2,736,054
1,536,354 2,736,054

Z. Legal status ofthe charity Legal status ofthe charity Legal status ofthe charity
The charily is a company kmitsd by guarankre and has no share capilat In 8&e event ofthe chariiy being wound up, lhe liabity in respect oflhe
guarantee
is li&nted iof10for each member		 oft&a charily.
Incoming Resources
3 Donations
and Legacies		 Note Unrestricted Restricted 2023 2022
E s z
General Donatons 1,191,532 1,191,532 956,314
Baraka Khan Visitor Centre
A&oil'Ning
Pro/act		 2,025 2,025 5,558
MyELM 14,860 14,860 12,124
DOME/Phase
2		 288,645 288,645 241,672
GitAid 81,852 81,852 100,619
1,576,889 2,025 1,578,914 1,316,287
4 Activities for Generating Funds Unrestricted Restricted 2023 2022
s s
Hall and Room Hire 210,556 210,556 188,586
Fundraising
Actvites		 58,068 58,068 32,185
Digilal Fundraising
ind. websits		 251,170 251,170 256,226
Booksk&ll and sknlar sales 31,739 31,739 21,741
Charity
pad&age sponsorships		 53,250 53,250 48,033
604,783 604,783 546,771
5 Investment
Income		 Unrestricted Restricted 2023 2022
s s
Rent and Services Charges 944,017 944,017 883,073
Profit on Bank Dsposils and inveslmsnts 1,029 1,029 2,068
945,046 945,046 885,141
6 Income from Charitable Activities Unrestricted Restricted .2023 2022
z z z s
"~Ed
I
IP
' ch
AI Mizan School 547,855 547,855 454,752
London EastAcademy 715,238 715,238 574,336
ELM Evening Madrasah 58,546 58,546 68,330
1,321,639 1,321,639 1,097,418
b
Contributons
io ELMThr		 service use
Al Mizan School 79,752 79,752 39,876
London EastAcademy 101,056 101,056 50,528
180,808 180,808 90,404
Filr Fund 80,070 80,070 57,193
ZakatFund 88,482 88,482 81,545
yttrlfars
Fund		 118,886 118,886 63,914
Counselling
Projeds		 36,719 36,719 12,618
&Atntsr Food Project 13,750
Kid&sk&rkrr scheme 7,565
Burial Support 1,546
Ishm Awareness
Project		 21.259 21,259
Foodbank and Comnz&nity Projecb 4,293
ltar and lfkat and Hulhz collsctons 88,240 88,240 25,816
88,240 345,416 433,656 268,240
Tot&i 269,048 1,667,055 1,936,103 1,456,062
Conlributons
by lhe schools		 hr use ofELMT hcititss are within lhe schools' coals in Nots 10.The current year indudes prior deferred conlribut&
7 Other incoming
Resources		 Unrestricted Restricted 2023 2022
E s s
HMRC Job Rek&nton Scheme 147,783
User Groups' Conlributons 3,155 3,155 5,000
Weddings
and Alkrskrtons		 28,900 28,900 30,950
Sundry 14,861 14,861 6,008
46,916 46,916 189,741
Total!ncome 3,442,682 1,669,080 5,111,762 4,394,001

8 Fundraising
Costs		 Unrestricted Restricted 2023 2022
k
Salaries and Employer's NIC 98,459 98,459 89,600
Fundraising
Events and		 Campaigns 152,633 152,633 109,802
Bookstall and Similar Supplies 15,392 15,392 11,262
266,484 — 266,484 210,664
9 Investment
Management		 Costs Unrestricted Restricted 2023 2022
E E
Salaries and Employer's NIC 13 86,625 86,625 77,002
Premises Expenses 13 162,638 162,638 89,943
Insurance 13 9,166 9,166 8,056
Finance Charges 41,261 41,261 39,722
Waqf Lid. 588 588 566
299,690 588 300,278 215,289
10 Charitable
Activities		 Unrestricted Restricted 2023 2022
f K
Educaflonal
Pro'eds
Al Mizan School 531,933 531,933 444,309
London EastAcademy 720,194 720,194 565,060
Elm Evening Madrasah 75,440 75,440 74,369
1,327,567 1,327,567 1,083,739
" Salaries and NIC - Imams and Religious support 180;704"" 180,704 '170;355
Welfare Fund Disiributon 92,467 92,467 36,889
Counsellor Fees 37,105 37,105 48,028
NHS Community
Investment		 Scheme 15,400
Filr Fund Dislributon 77,821 77,821 55,190
Zakat Fund Disfributon 88,243 88,243 90,095
180,704 295,636 476,340 4'I5,957
Oiher Salaries and Employer's NIC 13 196,875 196,875 175,004
Premises Expenses 13 747,978 747,978 642,588
Archiving
Expenses		 15,892 15,892 23,687
Baraka Khan Visitor Centre 4,672 4,672
Winier Food Project 6,249
Burial Support 28,800 28,800
Foodbank and Comnunlty Support 17,276 17,276 15,844
Kickslarter scheme 7,565 7,565
Islam Awareness
Project		 10,389 10,389
Iflar, liikaaf and Huffaz Expenses 85,284 85,284 19,574
Publicalons
related
Io charitable		 events 13,751 13,751 16,015
Web hosilng and digital hub 27,807 27,807 25,597
Telephone,
Fax and Internet		 13 4,980 4,980 4,680
Computers
and IT Expenses		 13 9,288 9,288 7,513
Posiage and Slatonery 13 3,899 3,899 3,095
1,089,862 84,594 1,174,455 939,847
1,270,565 1,707,797 2,978,362 2,439,541

11 Support and Governance Support and Governance Costs: Note Unrestricted Restricted Restricted 2023 2022 2022
a) Support Costs r.
Salaries and Employer's NIC 13 440,999 440,999 392,008
Insurance 13 18,332 18,332 16,108
Telephone,
Fax and Internet		 13 4,980 4,980 4,680
Computers
and IT Expenses		 13 9,288 9,288 7,513
Postage and Statonery 13 3,899 3,899 3,096
Legal and Professional Fees 87,236 87,236 62,233
Payroll service 161 161
Training
and Courses		 8,905 8,905 4,800
Book-Keeping and Accountancy 9,660 9,660 8,800
Bank and Credit Card Charges 48,684 48,684 43,788
Volunteer Expenses 4,968 4,968 4,326
Subscription s 11,484 11,484 8,531
Sundry 26,818 26,818 23,961
Depreciation
on FF and		 Equipment 62,934 62,934 66,033
738,348 - 738,348 645,877
b) .Governance
Costs
Salaries and Employer's NIC 13 63,000 63,000 56,001
Legal lees 26,203 26,203
Audilor
remunera5on		 9,160 9,160 9,160
Meeiings and Training 6,807 6,807 3,643
Trustee
Indemnity
insurance		 212
105,170 - 105,170 69,016
'
843,518 - 843,518 714,893
Total Expenses 2,680,257 1,708,385 4,388,642 3,580,388
Investment
12 Allocation ofCosts: Ralio Total Support Costs Governance Mgt cost Charitable Aclivite.
a Charitable
Activities:
Cleaner Salaries &Cleaning Supplies 1:9 346,394 34,639 311,754
Service Charges 6,722 6,722
General Rates and Water 1:9 69,999 65,143 4,856
Lighling
and Heating		 1:9 265,203 26,520 238,683
Repairs and Maintenance 1:9 214,094 21,409 192,685
902,411 154,434 747,978
b Su
ortcosts:
Computer
and IT Expenses		 1:1 18,576 9,288 9,288
Postage and Sta5onery 1:1 7,798 3,899 3,899
insurance 1:1 27,498 18,332 9,166
Salaries and Employer's NIC 56:8:11:25 787,498 440,999 63,000 86,625 196,875
Telephone,
Fax and Internet		 1:1 9,960 4,980 4,980
851,330 477,497 63,000 95,791 215,042

Creditors:
Falling due within one year		 2023 2022
f.
Other Taxes and Social Security Costs 46,465 41,330
Trade Creditors 203,172 98,651
Rent and Hall Hire Deposits 148,016 117,142
Advance
Tuition Fees		 363,964 532,255
Accruals and Deterred
Income		 701,634 343,498
Unidentmed
schools receipts		 22,155
Al Rayan (IBB)Bank Loan 190,367 180,789
Qard Hasanah
- Private Loan		 1,893,873 1,893,873
Pension Contribu5ons 28,726 13,597
3,598,376 3,221,139
Creditors: Falling due after more than one year 2023 2022
E r.
Qard Hasanah
- Private Loan		 2,960,782 2,623,932
Al Rayan (IBB)Bank Loan 502,865 655,163
3,463,647 3,279,095

Analysis ofStaff Costs: Analysis ofStaff Costs: 2023 2022
f
Total Salaries 2,029,789 1,880,318
Employer's
NIC		 156,582 134,314
Pension Contributons 112,877 101,754
Tolal Employment cost 2,299,249 2,116,387
Average
number		 ofemployees: Support 38 30
Average
number		 ofemployees: Charitable 91 94

19 Pensions:
The charily's
pension scheme incorporafss		 a SMART salary sacrmcs scheme. It isoperahd by Evolve. Employer's conkibutions made h
pension schemes were E112877 (2022: E101754), recognised as an expense under staffeirolumenls.
20 Deferred income: 2023 2022
Atshrt 01.04.2022 804,031 552,151
Addi5ons
during
the year		 629,456 804,031
Arreunh
released h income		 (804,031) (552,151)
At end 31.03.2023 629,456 004,031

At start Acq/disp New Fair value Forex Olher non- At end
ofyear Cash flows ofinvestments Rnance leases movements movements cash changes ofyear
8 6 f 6 6 6
Cash 2,736,054 339,233 (1,538,933) 1,536,354
Cash equivalents
Ov erdraR facility
Total cash 2,736,054 339,233 (1,536,933) 0 1,536,354
Private loans &1 year (1,893,873) 0 (1,893,873)
Private loans &1year (2,623,932) (336,850) (2,886,573)
Bank loans
&		 1 year (180,789) 180,789 (180,769) (180,789)
Bank loans
&		 1 year (655,162) 152,297 (502,865)
Finance leases
Total borrowlngs (5,353,756) (156,061) 28,492 ~ 5,464,100
TOTAL (2,617,702) 183,172 (1,538,933) (28,492) (3,927,746)
34 Events after the Reporting
period
The schools received an unannounced visit from Ofsted inspectors at Ihe end of June 2023.The inspection induded a review of compliance
and sateguarding procedures.
No recommenda5ons		 have been made following the visit, as ofyet.