## **CHARITY NUMBER: 1125042** 


TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENT FOR FINANCIAL YEAR ENDING 31 MARCH 2023 



## AL-FAROOQ TRUST **CHARITY NUMBER: 1125042** ANNUAL REPORT AND FINANCIAL STATEMENT 22/23 


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CONTENTS<br>Page<br>Trustees Annual Report  1<br>Independent Examiner’s Report  4<br>Statement of Financial Activities  5<br>Balance Sheet   6<br>Notes to Financial Statement  7<br>**----- End of picture text -----**<br>




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AL-FAROOQ TRUST
TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR YEAR ENDED 31 MARCH 2023
The Trustees declare their annual report and financial statements for the year ended 31st
March 2023.
Charity Name:. Al-Farooq Trust
Charity Number: 1125042
Principal Address of Charity:_
Masjid Al-Farooq
107 Mill Hill Lane
Derby
DE23 65B
OBJEcfs OF THE CHARITY
a) To advance the religion oflslam..
b) To provide or assist in the provision of facilities in the interests of social welfare, education,
recreation or other leisure time occupation of individuals who have need of such facilities ...
cl To preserve and protect health and relieve poverty, distress, sickness and infi'rmity amongst
persons resident in Derby, Burton, Nottingham and Mansfield and the surrounding area....
d) To promotion of equality and diversityfor the public benefit by advancing education and
raising awareness in equality and diversity........
The full wording of objectives can be found in the Al-Farooq Trusys Goveming document.
NAMES OF THE TRUSTEES
The trustees of the charity are as follows-_
l. Dr. Mohammed Ali Asghar
2. Mr. Asif Khan
3. Mr. Mohammad Jamil
4. Mr. Mohammed Mansha
5. Mr. Adam Ravat
Chair: Mr. Asif Khan
Vice-chair: Dr. Mohammed Ali Asghar
Secretary: Dr. Mohammed Ali Asghar
The trustees are permanent in nature. The TTusiees are volunteers and give theirtime freely.
They receive no remuneration or other benefits.

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STRUCTURE, GOVERNANCE & MANAGEMENT
The Al-Farooq Trust is a Trust governed by its constvtution adopted in July 2008. The charity
was registered with the Charity Commission in 2008.
The trustees meet at regular intervals and are responsible for all decisions in relation to the
running of the charity.
APPOINTMENT OF TRUSTEES
The existing permanent Trustees are solely responsible for the appointment of new Trustees.
RISK mANAGEmE￿r
The trustees seek to take no risks with the running of the charity. The finances of the Charity
are kept under constant review.
ACTIVITIES & ACHIEVEMENTS
Since it was formed The Charity has been actively pursuing premises/facilities to deliver its
charitable objecknves.
As stated in previous years, Annual Reports, The Charity purchased the Christadelphian church
on Mill Hill Lane, in December 2015 and has since been modifyingthis to make it suitable as a
mosque so that prayers, lectures, religious instructions to children and adults can be delivered.
In October 2016 The Trust started to run limited evening classes for children from a nearby
mosque, who allowed the use of their premises free of charge.
In May 2017 the renovation of the Christadelphian Church was still not completed but
sufficient enough to Start the services from there. The renovations have now been completed
and the facility 15 fully operational as Masjid Al-Farooq.
This financial year (221231 the effort has concentrated on raising fund5 to repay the interest
free loans and also a continuation of providing a nurnber of services at Masjid Al-Farooq,
including daily prayers, evening education classes and speeches. Fund raising has continued so
that we can provide these senfices. to repay interest free loans and continue with the
repairlmaintenance of the m05que. As a result the debt with respect to interest free loans has
decreased from year 21/22.
The financial review is detailed below.

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H￿AN￿1 REv￿w
The debt with respect to Irrterest free loans has decreased from year 21n2 due to actlve fund
rai￿n& effort
As at 3V03123 there was £256.580 (xrt5tandi￿ iirterest-free loans stlll to be repaid. Thts has
decreased from last year (£286.580). There were no interest free loans received this year. a￿•
£30,LKXJ were repaid.
The Totsi Income for Year 22123-£276,745
The Totsl Expermllture for Year 22123_ £167.573
Net rnovernent In funds- £109.190
Funds brought fonvard from last year (21n21- £65.602
The bank Balance plus cash In hand at 31" Marc 2023 wa5 £174.774
DEaARAnOH
I dedare In my capaclty as Vke<halr that the Trustees have apPr￿d the abo¥e report and
have authorised me sign o
helr behalf.
(Sl8nature)
DR. M. AASGHAR
DATE: 29th January 2024

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Respectlve responslbilltle5 of trustees and examiner
The charity's trustees are responsible for the prepathon of the accounts. The charity's trustees consider
that an audit is not required forthis year {under section 144121 of the Charmes Act 2011 (the 2011 Act) and
that an independent examination is needed.
It is our responsibilityto:
examine the accounts undersection 145 ofthe2011 Act:
tofollowthe procedure Laid down intheGeneral Directions given bythe Charitycommission (under
section 14515)Ibl of the Act. and
- to state whether particular matters have come to our attention.
Basis of independerrt exarnrn8r's statement
Our examlnation was carried out in accordance with General Directions given by the Charty Commi&8ion.
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 disclosure
in tho accounts. and seeking explanations from the trustees concerning any such matters. The procedures
un(Jertaken do not provide all the evidence that would be required in an audit. and consequently no
opinion is given 8S to ￿ether the accounts present a Irue and tsirview. and the report is limite(i is limited
to those matters set out in the statement below.
Independent Examiner¥ Statement
In connection wtth my examination. no matter has come to my attention
(11 wftich gives me reasonable cause to believe that in material respectthe requirements;
to keep accounting records in accordancewith section 130 ofthe 2011 Act. and
to prep8re accounts which accord with the accounting records and comply wlth the accounting
requirements ofthe 2011 Act
have not been met. or
{21 to which. in my opinion. attention should be (Jrawn in order to enable a proper understanding of the
8ccounts to be reached.
(SIGNATURE)
25° January 2024
PROFESSIONAL MEMBERSHIP: INSMT(￿E OF FINANCIALACCOUNTANTS-Membership No: 192980
RANA AND CO ACCOUNTANTS LIMTED
97WALBROOKROAD
DERBY
DE23 8SF

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AL-FAROOQTRUST {DERBY)-CHARITY NUMBER 1125042
STATEMETrif OF FINANCIAL ACTMTIES FOR THEYEAR ENDED 31 MARCH 2023
Notes
2Y23
21122
Donations + Class Fees
276￿ 200.091
Sale of Equipment
175
Total Incoming Resources
276,745
200291
Charitsble expenditure
2{b}i)
137,57J
3&212
Repayment of Interest Free Loans
61h)
30.￿0
77.000
Total Resources Expended
I61￿73
110212
Net Movement in Funds
109.172
,079
Total Funds Brought Forward
44542
BankBalance 31st March 2023
154,n4
Cash in Han(J
TOTAL FUNDS
174774

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AL-FAROOQ TRUST IDERBY)- CHARITY NUMBER:1125042
BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2023
Notes
20231£}
2022(£1
Freehold Land
Freehold Buildings
Equipment
650,000
550,000
23.OCrf)
L223.IX)O
600,000
500,000
24.000
1.124.000
Cash at Bank and in hand
174774
65.602
Interest Free Loans-Qarde Hassanah
61h}
1256,5801
{286.5801
181,8061
1220,9781
6(gi
1.141,194
903.022
Unrestricted Funds
Restricted Funds
1,141,194
903,022
Total Funds
L141.194
903.022

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AL￿AROOQ TRUST
DERB
NOTES TO FINANCIAL STATEMENT FOR THE YEAR END 31ST MARCH 2023
1. ACCOUNTING POLICIES
al Basis of accounting
Thes8 accounts have been prepared in accordan￿ with accounting standards. Accounting and
Reporting by Charities Statement of Recommended Practise (SORP 2005) and the Charities
Act 2022.
2. EXPENDITURE
a) Feos for Examining Accounts
No fees have been charged for examining these accounts.
b) Analysis of Resources Expended
l) Charitabla Ex
onditure
2Y23 1£)
22.403
1.427
727
21122 {£1
6,659
14,599
115
Building RenovationlRepairs - Labour + Materials
Equipment
Regulator Fees IOFCOM. ICO etc)
Office Supplies
CleanSngsupplies & Semces
Insurances
Utility Bills
Bank Charges
Broalban(J
374
2.600
3.282
1,473
950
12.711
230
4,526
15
742
715
Madrassah MateriaLslSupplie5
Salaries Cosis lincl PAYE. NIC. Pensions)
Professional Selvices IE.gTutorin& Imamat SeNcesl
Charity Reb'ef
Repayment of Interest Free Loans {Credttorsl
Trairbing
H&S Equipment and Materials
Refund of donation
744
21,534
42.370
31,688
30.000
17, 822
5,707
77.000
170
531
21
TOTAL
167,573
183.384

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3. FIXED ASSETS
Buliding
Improvements {£)
I,ioo.000
IW,CK)O
Equipment
1£)
24.000
li.￿0)
AtOIApri12022
Addition5
Disposals
At31 March 2023
1.200.COO
23,000
4. TRUSTEES AND OTHER RELATED MAThERS
The Trustees are working purely on a non-paid voluntary basis and no payments are made to Ihem
for their time or any business expenses. However, from time lo time there is a need to purchase
goodslequipment online and as the Trust has no credit or debit card a￿angernents, the Trustees
occasionally use their own creditldebit cards and are then reimbursed for the expenditures.
5. CONTINGENT UABILrriES
No material liabilities existed at the year*nd.
6. DECLARATION
a) Char
es in Year End
The Trustees have estsblished 31sI March as the financial year end.
b) Desi
nated Funds
The Charity does not have designated funds.

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c) Discontinued Continuin
and Ac
uired O
rations
The Charity officially started delivering some limtted services which are part of its charitable
objecttves in October 2016. These were evening classes for children and were delivered from
Jamia Hanfia Tahleemul Islam (26 Western Road Derby DE23 6SE). These premises are not
owned by the Al-Farooq Trust. but Jamia Hanfia Management kindly allow the use of the
premises free of charge.
The mosque ("Masjid Al-Farooq J on Mill Hill Lane was ready for occupation in May 2017 and
this was when the SeNi￿S Started there. The girls evening classes remain at 26 Western
Road.
d) Inalienable or hlstorlc Assets
The 0.5 acre land at Mill Hill Lane Derby and the freehold property adjacent (ex
Christadelphian Church) to this land are inal￿nable assets, which cannot be sold, transferred
or given away. These shall remain for use as mosque{s) or mosque(s) construction including
provision of vehicle parking for mosque users or any other structures which are needed for
Ihe delivery of the Charitys objectives. These assets shall remain solely for the delivery of the
charitable objectives of the Al-Farooq Twst. These have ben declared in the balance sheet.
e) Intan
ible Assets
The Charity has no intangible assets
fj Subsidiaries
The Charity has no subsidiaries
g> Uncapitalised Fixed Assets
The Charity has no material fixed assets, which have not been capitalised and included in the
balance sheet.
h) Qarde Hasana
The Qarde Hasana loans are interest free and over no fixed time pericxl.