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2021-03-31-accounts

Charity No. 1128472

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE)

Financial Statements

for the year ended 31 March 2021

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE) Financial Statements for the year ended 31 March 2021

Contents Page
Trust information 1
Trustees' report 2
Statement of Trustees' Responsibilities 3
Auditors report 4
Statement of Financial Activities 6
Balance sheet 8
Notes to the financial statements 9
Schedule to the Statement of Financial Activities 13

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE)

Trustee information

for the year ended 31 March 2021

Trustees Mohammed Iqbal Mohammed Sabir Mohammed Aslam Jamil Shamroz Structure Association of Trustees Charity registration number 1128472 Principal office Crofts Hall Lower Rushton Road Bradford BD3 8PX Bankers Lloyds TSB Hustlergate Bradford Auditors Munir Chaudry Associates Chartered Certified Accountants 1 Edmund Street Bradford BD5 0BH

1

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE) The report of the trustees for the year ended 31 March 2021

The trustees present their annual report and audited financial statements for the year ended 31 March 2021.

History and objectives of the charity

The charitable organisation was founded in February 2009 as an unincorporated association and became a registered charity (no.1128472). The association is governed by a written constitution adopted by its members.

The objectives of the organisation are:

(a) to promote the advancement of religion, in accordance with the principals of Islam.

(b) to establish and maintain the mosque building and its grounds.

(c) to provide educational, cultural and leisure time activities for the local muslim community.

Management and Governance arrangements

Risk Management

The Management Committe is responsible for the management of the risks that are faced by the association. Regular reviews of risk assessment are carried out with risks being identified, assessed and controls put in place to mitigate the risk the association faces.

Extraordinary meeting held to change name and constitution

It was decided that the charity's main function was that of a place of worship and therefore the constitution and it's name was amended on 13 July 2013. The name was changed to Thornbury Mosque.

Works History

2014 - Plans were made to extend MIEC

2015 - Plans with additional cellars

2016 - Demolition of old building and relocation

2017 - Contract agreed 19th April 2017. May 17 - Works Commenced on site for Phase 1

2018 - Half of work completed. Works stopped due to dispute with contractor

2019 - Works Starts May 19 - June 19. Steel erected

2020 - March 1 - Phase 2 works agreed

2020 - September 2020 estimated Phase 1 & Phase 2 completion. 2021 - Phase 1 & Phase 2 completion continued.

Project Expenses

2017 - The project for Phase 1 & Phase 2 has cost just over £1 million pounds 2018 - Purchase of building next door known as TYCC for £165k

2020 - Works carried out on TYCC around £20k

2021 - Phase 1 & Phase 2 contractor payments totalled £333,600.

2

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE)

Review for the period and reserves policy

The financial accounts are set out on pages 5 to 12. The financial statements have been prepared implementing The grant making policies the Statement of Recommended Practice for Accounting and Reporting by Charities issued by the Charity Commission for England and Wales and in accordance with the Financial Reporting Standard for Smaller Entities (FRS 102) .

The trustees consider the financial performance by the organisation during the year has been satisfactory.

The major risks to which the organisation is exposed and reviews and

The systems to mitigate risks Statement of Financial Activities show net outgoing resources for the year of a revenue nature of £127,248 (expenditure) and net realised incoming resources of a £116,307 (income). The total reserves at the year end after reserving for unrealised losses (after revaluing investments of nil) stand at £831,902.

The trustees are satisfied with the performance of the association during the year and the position at 31 March 2021. The trustees consider that the association is in a good position and are confident that at this level they would be able to continue the current activities of the association into future years.

Disclosure of information to the auditors

The trustees who held office at the date of approval of this trustee report, confirm that so far as they are aware, there is no relevant audit information of which the association's auditors are unaware of.

Each trustee has taken all the steps that they ought to have taken as a trustee to be aware of any relevant audit information and to establish that the association's auditors are provided with all the information required for their audit.

Auditors

A resolution to reappoint the auditors will be proposed at the annual general meeting.

Statement of Trustees' Responsibilities

Law applicable to charities in England & Wales requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the organisation's financial activities during the year and of its financial position at the end of the financial year. In preparing those financial statements giving a true and fair view, the Board of trustees should follow best practice and :-

The trustees are also responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the organisation and which enable them to acertain the financial position of the organisation and enable them to ensure that the financial statements comply with the requirements of applicable law and regulations. They are also responsible for safeguarding the assets of the organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the order of the Trustees

Date: ………………... 2022

Trustee's name and signature

3

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE) Independent Auditor's Report

Independent auditors report to the trustees on the accounts of the Charity.

Opinion on the financial statements

In our opinion the financial statements:

give a true and fair view of the state of the charity's affairs as at 31 March 2021 , and of its incoming resources and application of resources, for the year then ended;

have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'; and have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for opinion on the financial statements

We have audited the financial statements of Ibraheemiya Educational & Health Association for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

This report is made solely to the charity's trustees, as a body, in accordance with Section 144 of the Charities Act 2011 and regulations made under Section 154 of that Act. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Respective responsibilities of trustees and auditors

As explained more fully in the Trustees' Responsibilities Statement set out on page 3, the trustees are responsible for the preparation of financial statements which give a true and fair view. We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under that Act. Our responsibility is to audit and express an opinion on the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Boards's Ethical Standards for Auditors.

Scope of the audit of the financial statements

An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the charity's circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the trustees; and the overall presentation of the financial statements. In addition, we read all the financial and non financial information in the Annual Report to identify material inconsistencies with the audited financial statements. If we become aware of any material misstatements or inconsistencies we consider the implications for our report.

Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Based on our understanding of the charity, we identified that the principal risks of non-compliance with laws and regulations related to the Charities Act 2011, and we considered the extent to which noncompliance might have a material effect on the financial statements. We evaluated management’s incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to the posting of inappropriate journal entries and the manipulation of key accounting judgements and estimates. Audit procedures performed included: • enquiry of management and the Board of Trustees, including consideration of known or suspected instances of non-compliance with laws and regulations and fraud; • reading minutes of meetings of the Board of Trustees and • reviewing the terms and conditions of significant contracts; • reviewing correspondence with regulators including the Charities Commission for England and Wales. • understanding and evaluating the charity’s control environment; • identifying and testing journal entries, • testing the recognition of grant expenditure against the terms of the grant awards; • assessing the reasonableness of key accounting judgements and estimates including accrued legacy income; and • assessing financial statement disclosures, and testing to supporting documentation, for compliance with applicable laws and regulations

4

pp g

Inherent limitations of fraud detection

We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. A further description of our responsibilities for the audit of the financial statements is located on the FRC’s website at: frc.org.uk/ auditorsresponsibilities. This description forms part of our auditors’ report.

.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities Act 2011 requires us to report to you, if in our opinion:

Shahbaz Munir, Senior Statutory Auditor

on behalf of Munir Chaudry Associates

Chartered Certified Accountants and Registered Auditors

Date: ………………... 2022

5

Charity No. 1128472

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE)

Statement of Financial Activities

for the year ended 31 March 2021

(THORNBURY MOSQUE)
Statement of Financial Activities
for the year ended 31 March 2021
Notes
Incoming Resources
Grants
Donations and fees
Total Incoming Resources
Net Incoming Resources available for
charitable applications
A
Resources expended (see page12)
Direct charitable expenditure
Management and administration of the charity
Total Resources expended
B
Net Incoming Resources before
C
( ie Total A minus Total B = C )
Gross Transfers between funds :-
Net Incoming Resources before revaluations
and investment asset disposals
Net Movement in funds
Total funds brought forward
Total funds carried forward		 Unrestricted
Restricted
Total
Funds
Funds
Funds
2021
2021
2021
£
£
£
65,271
-
65,271
51,036
-
51,036		 Prior Period
Total Funds
2020
£
-
164,371
116,307
-
116,307
116,307
-
116,307
71,087
-
71,087
56,161
-
56,161		 164,371
164,371
95,865
34,424
127,248
-
127,248		 130,289
(10,941)
-
(10,941)
-
-
-		 34,082
-
(10,941)
-
(10,941)		 34,082
(10,941)
-
(10,941)
842,843
-
842,843		 34,082
808,761
831,902
-
831,902		 842,843

The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales and is reconciled to the total funds as shown in the Balance Sheet Notes as required by the said Statement.

All activities derive from continuing operations

The notes and schedule to the Statement of Financial Activities form an integral part of these accounts

6

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE) Statement of Financial Activities

Charity No. 1128472

Statement of Total Recognised Gains and Losses for the year ended 31 March 2021

Statement of Total Recognised Gains and Losses
for the year ended 31 March 2021
Excess of Expenditure over income before realisation of assets
Net Movement in funds before taxation		 2021
2020
£
£
(10,941)
34,082
(10,941)
34,082

There were no recognised gains or losses for the year or the prior year that are not included above.

Movements in revenue and capital funds for the year ended 31 March 2021

Revenue accumulated fund
Unrestricted
Restricted
Total
Last year
Funds
Funds
Funds
Total Funds
2021
2021
2021
2020
£
£
£
£
Accumulated fund brought forward
842,843
-
842,843
808,761
Recognised gains and losses for year
(10,941)
-
(10,941)
34,082
Closing Accumulated fund
831,902
-
831,902
842,843
Summary of funds
Designated Unrestricted
Restricted
Total
Last year
Funds
Funds
Total Funds
2021
2021
2021
2021
2020
£
£
£
£
£
Revenue funds
-
831,902
-
831,902
842,843
Total funds
-
831,902
-
831,902
842,843		 Revenue accumulated fund
Unrestricted
Restricted
Total
Last year
Funds
Funds
Funds
Total Funds
2021
2021
2021
2020
£
£
£
£
Accumulated fund brought forward
842,843
-
842,843
808,761
Recognised gains and losses for year
(10,941)
-
(10,941)
34,082
Closing Accumulated fund
831,902
-
831,902
842,843
Summary of funds
Designated Unrestricted
Restricted
Total
Last year
Funds
Funds
Total Funds
2021
2021
2021
2021
2020
£
£
£
£
£
Revenue funds
-
831,902
-
831,902
842,843
Total funds
-
831,902
-
831,902
842,843		 Unrestricted
Restricted
Total
Last year
Funds
Funds
Funds
Total Funds
2021
2021
2021
2020
£
£
£
£
842,843
-
842,843
808,761
(10,941)
-
(10,941)
34,082
831,902
-
831,902
842,843
-
831,902
-
831,902
842,843
-
-

The statement of changes in resources applied for fixed assets for organisation's use is shown in the notes to the accounts.

The notes and schedule to the Statement of Financial Activities form an integral part of these accounts.

7

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE) Balance Sheet as at 31 March 2021

Charity No. 1128472

Notes 2021 2020
Fixed assets £ £ £ £
Intangible assets - -
Tangible assets 5 1,140,092 861,543
1,140,092 861,543
Current assets
Stocks & Work in progress 7 - -
Cash at bank 6,728 258,318
Cash in hand - -
6,728 258,318
Creditors:
amounts due within one year 8 (314,918) (277,018)
Net current assets (308,190) (18,700)
Total assets less current
liabilities 831,902 842,843
Net assets 831,902 842,843
Capital and reserves 10
Unrestricted revenue reserves 831,902 842,843
Resources freely available 831,902 842,843
Restricted revenue reserves - -
Accumulated Funds 831,902 842,843
- -

The(i) accountsensuringhavethatbeenthe charitypreparedkeepsin accordanceproper accountingwith the specialrecordsprovisionswhich complyrelatingwithtothesmallrequirementscompanies ofwithinthe The Board of Trustees are satisfied that the organisation is required to have an audit by virtue of its level of turnover or by virtue of any requirement under its constitution or otherwise.

The Board of Trustees also acknowledge their responsibility for ensuring the organisation keeps proper accounting records in accordance with the requirements of the Charities Act 2011, as more fully set out under 'Trustees' Responsibilities' in the Report of the Trustees.

Approved by the order of the Trustees Date: ………………... 2022

Trustee's name and signature

.........................................

The notes and schedule to the Statement of Financial Activities form an integral part of these accounts

8

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE) Notes to the Accounts

Charity No. 1128472

for the year ended 31 March 2021

1 Accounting policies

Basis of accounts preparation

The financial statements have been prepared in accordance with the Charities Act 2011 and with the Financial Reporting Standard for Smaller Entities (FRS102), as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales,effective March 2005, adapted to meet the needs of unincorporated organisations.

The organisation has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement.

The charity is entirely dependent on continuing donations from the local community and as a consequence the going concern basis is also dependent on the continuing donations.

The particular accounting policies adopted are set out below.

Accounting convention

The financial statements are prepared, on a going concern basis and cash basis under the historical cost convention.

Incoming Resources (funds received)

Incoming resources such as donations, gifts and collections are accounted for on a receivable basis deferred as described below where appropriate.

Fund accounting

General funds comprise the accumulated surplus or deficit on the statement of financial activities. They are available for use at the discretion of trustees in the furtherance of the general activities of the charity.

Unrestricted funds

Unrestricted funds are the net incoming resources available for the objects of the charity without specified purposes and are part of the general funds.

Restricted funds

Restricted funds are the net incoming resources avaiable for a particular area or purpose stated by the donor and are allocated appropriately..

Resources expended (charitable expenditure)

Most expenditure is accounted for on an cash basis and allocated to the relevant activity.

Charitable expenditure includes all expenditure directly related to the objects of the charity and comprises the following :-

Activities in furtherance of the charity's objectives

The costs of activities in furtherance of the charity's objectives represents the cost of goods and services and ancillary trading costs that have been incurred in charitable activities.

Management and administration of the charity

Management and administration costs represent expenditure incurred in the management of the charity's assets, organisational administration and compliance with charitable and statutory requirements.

9

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE) Notes to the Accounts

Charity No. 1128472

for the year ended 31 March 2021

Depreciation

Depreciation is calculated at a rate which will write off, the cost of the asset, over its expected useful life as follows:

Land and buildings

4% straight line

Equipment and furniture are claimed as an expense and not included in the balance sheet.

2 Going concern, winding up or dissolution of the charity

If the charity were to be dissolved or wound up the trustees would pass any net assets to similar organisations and deserving causes.

The charity relies on donations from local community and trustees expect the charity to continue for the next 12 months from the date of signing the accounts.

3
Analysis of incoming resources and analysis of
2021
direct charity expenses and administration costs
£
Grants and appeal funds
65,271
Donations and fees
51,036
(See page 12 for analysis of sources of income and expenditure).
116,307
£
Direct charitable expenditure
71,447
Management and administration
55,801
(See page 12 for analysis of sources of income and expenditure).
127,248
Numbers of full and part time employees or their time equivalents
Engaged on charitable activities -Full Time
3
Engaged on charitable activities -Part Time
10
£
Wages and salaries
62,300
(including social security costs)
-
62,300		 2020
£
-
164,371
164,371
£
96,225
34,064
130,289
3
10
£
68,917
-
68,917

There were no fees or other remuneration payable to trustees

There were no employees with emoluments in excess of £50,000 per annum

4
Auditor and their fees
Audit fees		 2021
£
750
750		 2020
£
750
750

Shahbaz Munir is the statutory auditor and the audit report is clean (unqualified). Munir Chaudry Associates are the audit firm.

10

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE) Notes to the Accounts

Charity No. 1128472

for the year ended 31 March 2021

5 Tangible functional fixed assets

Cost or valuation
At 1 April 2020
Additions
At 31 March 2021
Depreciation
At 1 April 2020
Charge for the year
At 31 March 2021
Net book value
At 31 March 2021
At 31 March 2020		 Land and
buildings
£
1,067,683
333,600
1,401,283
206,140
55,051
261,191
1,140,092
861,543		 FA -
Intangible
£
-
-
-
-
-
-
-
-		 Computer
equipment
£
-
-
-
-
-
-
-
-		 Total
£
1,067,683
333,600
1,401,283
206,140
55,051
261,191
1,140,092
861,543

Land and buildings are being depreciated at 4%.

6 Analysis of assets and liabilities representing each of the charity's funds

At 31 March 2021
Unrestricted
Designated
(Current year)
funds
funds
£
£
Tangible fixed assets
1,140,092
-
Current Assets
6,728
-
Current Liabilities (creditors)
(314,918)
-
Long Term Liabilities (creditors)
-
831,902
-
At 31 March 2020
Unrestricted
Designated
(Previous year)
funds
funds
£
£
Tangible fixed assets
861,543
-
Current Assets
258,318
-
Current Liabilities (creditors)
(277,018)
Long Term Liabilities (creditors)
-
-
842,843
-
7
Stock
Closing stock
8
Creditors: amounts falling due within one year
Accruals (audit fees unpaid)
Deferred income
Other creditors (private loans repayable on demand)		 Restricted
funds
£
-
-
-
-
Restricted
funds
£
-
-
-
-
2021
£
-
2021
£
5,918
-
309,000
314,918		 Total
Funds
£
1,140,092
6,728
(314,918)
-
831,902
Total
Funds
£
861,543
258,318
(277,018)
-
842,843
2020
£
-
2020
£
4,018
-
273,000
277,018

11

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE) Notes to the Accounts

Charity No. 1128472

for the year ended 31 March 2021

9
Transactions with related parties
There were none in the period.
10 Movement in Funds
Balance
at 31 March
2020
£
Restricted Funds
-
Total restricted funds
-
Unrestricted funds
842,843
Total funds
842,843		 Incoming
Resources
£
-
-
116,307
116,307		 2021
£
-
Resources
Expended
£
-
-
(127,248)
(127,248)		 2020
£
-
Transfers
£
-
-
-
-		 Balance
at 31 March
2021
£
-
-
831,902
831,902

11 Ulimate control

Ulimate control rests with the Trustees.

12

IBRAHEEMIYA EDUCATIONAL & HEALTH ASSOCIATION (THORNBURY MOSQUE)

Charity No. 1128472

Schedule to the Statement of Financial Activities for the year ended 31 March 2021

Unrestricted Restricted
Total
Funds
Funds
Funds		 Unrestricted Restricted
Total
Funds
Funds
Funds		 Unrestricted Restricted
Total
Funds
Funds
Funds		 Prior Period
Total Funds
Incoming Resources
Grants,Legacies and Donations
Appeal funds received/ boxed donations
Friday collections (Juma)
Donations booked
Madrassa fees
Grants
Misc donations (direct debits)
Gift aid		 2021
£
£
£
1,120
-
1,120
10,815
-
10,815
18,280
-
18,280
12,527
-
12,527
65,271
-
65,271
2,635
-
2,635
5,659
-
5,659		 2020
£
13,442
33,193
33,311
71,660
-
6,942
5,823
Total Grants,Legacies & Donations Received 116,307
116,307		 164,371
Charitable expenditure
Direct charitable expenditure
Appeals paid
Staff wages
Madrassah expenses
Rates and water (Yorkshire water)
Light and Heat
Insurances
Repairs and maintenance
Payroll and accountants costs
Telephone, internet and software
Volunteers costs
Bank charges
Management and administration of the charity
Depreciation of assets
Audit/ Independent examiner fees
Total expenditure
(Includes accruals)
Surplus /(deficit) for theyear		 £
-
-
-
62,300
-
62,300
-
-
-
765
-
765
5,537
-
5,537
-
-
-
2,485
-
2,485
360
-
360
-
-
-
-
-
-
-
-
-		 £
-
68,917
4,576
1,054
3,321
2,149
15,848
360
-
-
-
71,447 - 71,447 96,225
55,051
-
55,051
750
-
750		 33,314
750
55,801 -
55,801		 34,064
127,248
-
127,248		 130,289
(10,941)
-
(10,941)		 34,082

13