Charity No. 1 128815 JAMIAT AHL- E- HADITH BANBURY Annual Report and Financial Statements Year ended: 31 March 2024 DUA GOVERNANCE Chartered Accountants and 8vsiness Advisors Bradford Court 123-131 Bradford Street Digbeth. Birmingham B12 ONS Contents Page Legal and administrative information Report ofthe Trustees Report of the Independent Examlner Receipts and Payments Statement of Assets and ￿3b11[tIes Notes forming pèrt of thefinancial statements Legzl and Admini51ratl¥e Inforrnation Charlty number 1128815 Registered address 55 PARK ROAD 8ANBURY OX16 ODH Trustees Mr Shouaib Ahmed Mr Mohammed Hafiz Mr Mumtsz Ahmed Mr Alyas Ahmeij Mr Mohammed Hanif - Chalr Mr Nadeem Raza Bankers addrÈss HSBC Bank PLC 17 Market Place Banbury Oxfordshire OX16 SED Report of the Trustees for the year ended 31 March 2024 JAMIAT AHL- E- HADrrH BANBURY (Re& 11288151 The Trustees present their arlnual report and accounts forthe year ended 31 March 2024. The accounts have been prepared in accordance with the receipts and payments basi5 in accordance with the Charity Cornmission guidance Strucwrel govemante and management The charity is an unincorporated charity. forrned under a trust deed dated l December 2008. The charity registered with the Charities Commission on the 26 March 2009. Trustees are responsible of setting strategies and policies for ensuring these are implemented. Risk management The charity's trustees have considered the major risks to wh4ch the charity is exposed and have reviewed potential risks. Systems and procedure5 have been put in place to manage the rlsks and to mltlgate any adverse outcomes. Objectives and actFvities The govemi4g scheme defines the charity's objects areto advance the Islamic faith in accordance with the Ahl-ul-Hadith creed and methodology by estréblishinE and maintsining mosques for prayers and other religious services. The objectives for the year were to continue to ralse fvnds to maintain and improve existing facilities. Fund5 are raised by voluntary collection in the mosque. There are no Specific fund raising targets set the charity relies ON the willingness of indivtduals to contribute what they can afford to donate. Achlevements and Performance During the year the ehartty continued to operate in the following main areas.. al Provide ServI￿S of a mosque to promote151amic fa¢th to all age groups. bl To provide supplementary school Imadrassal classes to teach them auran. Islamic Studiès. Urdu to promote the Muslim way of life. Future planes of thecharityinclude promotingthe Muslim faith toiheyoungergeneratlon by increasing attivities which Interest rnore than the tr3ditronal services offered. Publi£ benefft statelrtent The settion of this report below erttttled'ObjÈctives and actNities' sets out the objerts and aim5 of the charity. The trustee5 have considered this, in conjunction with the guidance contained In the Charity Commission's general guidance on public benefiL and have concluded that.. the alms of the charity rontinuÈ to be charitable- the work done by the charty gwe5 identrfiable benefits tothe charitsble settor and both directly and indirettly to individuals in need: the benefits a￿ forthe public.. rtot unreasonably resthrted in anyway.. there is no detriment or harm arising from the airns or actlvfties. Flnancial revlew During the year. the Trust received a total cash of £78k12023.. £53kl. After making operating paymÈnts of £21k12023.. £38kl and £6k12023- £206kl tDwards buildin8S, the charity had a net surplus of £50k12023.. net deficit of £191kl. The carry forward cash balance stsnds at £IIOk12023.. £59kl. Aeserves Policy The trustÈÈs believe that the charity has s¢rfficient cash in the bank and adequate fund raising plans in place to ensure the charity is able to meet its costs and settlethe Qard -e-Hasan loans as they become due. Trustees, responsibilities statement The trustees are responslble for preparing the Trustee5' Annual Report and the financial statements in accordarTrce with applicable law and Untted Kingdom Accountin8 Standards (United Kingdom Gene￿IlY Accepted Accounting Prartlcel. The law 3pplicable to charities in En￿aTrd & Wales requires the trustees to prepare financial statements for each f1nancial year which give a true and fair view of the State of affairs of the charity and of the incoming resources and applTC8tion of resources of the Charity for that period. In preparing these financlal statements. the trustees are required to: select Suitable accounting polides and then app￿theM consistentty,. observe the methods and principles in the Charitie5 SORP,- make judgements and estimatesthat are reasonable and pnjdent,. state whether appllcable accounting standards have been followed. subje£tto any material departLtres disclosed and explained in the flnancial ststements., prepare the f5nancial statements on the going toncem basis unless it is inappropriate to presume that the charfty will Continue in operation. The trustee5 are responsible for keeping proper accounting records that disclose Mth reasonable accuracy at any time the financial positiDn of the charity and eftable them to ensure that the financial Statements cornply with the Charittes Act 2011. the Charity IAccotTnts and Reptsrtsl Regulatitsns 2008 and the prow5ions of thetru5tdeed. They are also responsiblefor safeguardingthe assets of the charity and hence fortaking reasonable steps for the prevention and detection of fraud and other irregularities This report was approved bythè trustees on. .artd 516ned on their behalf bv.. SHOUAIBAHMED Trustee Independent Examlnerfs Report to the Trustees of JAMIAT AHL- E- HADrrH BANBURY (Reg. 11288151 I report on the accosjnts of the charity for the year ended 31 Mar£h 2024 which are set out on pages 7 to9. Respective responsibllhties of trustees and exarniner The charity's trusiees a￿ responsible for the preparation of the accounts. The charl￿$ trustees consider that an audit 15 not required for thls year under seLtion 144121 of the ChaTtties Act 2011 Ithe 2011 Act) and that an independent examination is needed. It 15 my responsibilityto- examine the accounts under 5eLtion 145 of the 2011 Act- follow the proeedures laid down in the general Direthons given by the Charity Comrnisslon under section 14515llbl of the 2011 Act- anil 5tste whether partlcular matters have cometo my attention. Basis of Independent examiner's report My examination was carried out in accordance with the Eeneral Directions given by the Charity Commission. An examination include5 a review of the accounting record5 kept by the charity and comparison of the accounts presented with those records. Italso includes consideration of any unusual items ordi5closures in the accounts, ènd seekingexplanationsfrorn you astrustee5 conceminganysuch matter5. The procedure5 undertaken do not provide all the evidencethat would be reqUI￿d in an audit and consequently no opinion is given as to whether the accounts present a'true and faIrWe￿ and the report is limited to those matters set out in the ststement below. Independent examiner's ststement In connection with my examination, no matter has come to my attention: which gNes me reasonable Ca￿Se to believe thaL in any material respecL the reqvirements- to keep accountinE records in accordance with Section 130 of the 2011 Act.. and to prepare accounts which accord wtth the accountir¢g records and comply with the accounting requirements of the 2011 Act have not been met.. or bl to which. in my opinion, attention should be drawn In order to enable a proper understanding ofth accounts to be reached. DUA GOVERNANCE Chartered Accountsnts and Business Advisors Bradford Court 123-131 Bndford Street Digbeth. Birmingham B12 ONS Nasir Raflq BA FCA Jamiat Ahl+Hadith Banbury Receipts and Payments Attounts From l April 2023 to 31 March 2024 Unrestrlcted Restricted Funds Funds Totsl Total 2024 2023 Receipts Donation 76,784 76,784 47,784 Loan re￿iVed Total receipts Payments staff costs 76,784 76,784 52,784 Utilities Rates 7,074 3.572 1.716 1.590 7,074 3,572 1.716 1,$90 4,979 5.579 1,778 1,683 Vehicle Expense Funeral Expen5e5 TV Appeal RepaiTS and maintenance Loan Re- Payments Insurance 70) 7CQ 20.650 397 627 627 Accountancy Fees Legal & Professional Fees Sundry 83nk Cha￿e5 Dawah attivities 250 250 400 137 137 105 2,866 5,328 5,328 Subtotal 20,993 20.993 38.436 Assets and Invertment purchases BuildlnB Total payments 5.545 26,538 5,545 26,538 205,837 244,273 Net of receipts/lpaymentsl Transfers bètween funds Cash funds last year end Prior Year Adjustment Cash funds thls year end 50.247 50.247 -191.489 59.357 59.357 250.847 109.604 109.604 59,3S7 JamiatAhl+Hadith Banbury Statement of Assets and LiabilltFes As at 31 March 2024 Unrestricted Funds Total 2023 Total 2022 Cash Funds Cash at Bank 109.6D4 109,604 109,604 109.604 59,357 59.357 Total Cash funds Other MonetaryAssets Assets Rttained forthe Charity's Own Use Motorvehicle 5.IIK> 580.819 585.919 5.IC 580,819 585,919 5.IC 575,274 378,973 Freehold Land & Building Total Cu￿ent Liability 1.820 1,820 1,820 Loan 33.290 33.290 33.290 Approved by the Board on ............_..........-......_.. And slEnÈd on its behalf by: SHOUA18AHMED Trustee JAMIAT AHL- E- HADrtH DANBURY IReg. 11288151 Notes foming part of the financial statemtnts for the year ended 31 March 2024 l. Accounting pollcles al Basis of preparation The accounts have been prepared Èn accordance with the receipts and payments basis in accordance with the Charity Commission guidance. bl Charity status JAMIAT AHL- E - HADrrH BANBURY was estsbli5hed under a trust deed and 15 a registered with the Charity Commission under the reference of 1128815. The Trustees are appointed and function in accordance with the deed. cl Fund accounting General funds are unrestricted fund5 whith are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restritted funds are fund5 which are to be used in accordan￿ with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such fvnd5 are charged against the spectfic fund. The aim and use of each restricted fund 15 Set out in the notes to the financial statements. dl Receipts All incoming resources are intluded in the Receipt & payment Accounts when the charity actually receives legally entitled incomè. el Payments All expenditure is accounted for tsn payments basis and has been classTfied under headin£5 that aggregate all costs related to the category. Where costs onnot be directly attribirted to particular headings they have been allocated to activities on a basi5 consistent with use of the resources.