**REGISTERED CHARITY NUMBER: 1129470**
## **TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021**
## **FOR**
## **CRESCENT LEARNING CENTRE (MAKKI MASJID)**
Watergates Ltd 109 Coleman Road Leicester LE5 4LE
**CRESCENT LEARNING CENTRE (MAKKI MASJID)**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021**
**----- Start of picture text -----**
Page
Trustees' Report 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Statement of Financial Position 6
Notes to the Financial Statements 7 to 12
Detailed Statement of Financial Activities 13
**----- End of picture text -----**
**CRESCENT LEARNING CENTRE (MAKKI MASJID)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2021**
The trustees present their report with the financial statements of the charity for the year ended 31st March 2021. The trustees have adopted the provisions of 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).
## **OBJECTIVES AND ACTIVITIES**
The objectives of the trust, as set out in its governing document are:
"To promote any charitable purpose for the benefit of persons from ethnic minorities resident in Burton Upon Trent and surrounding areas, in particular by the relief of poverty, promotion of health, provision and advancement of education and the provision of facilities for recreation and other leisure-time occupation in the interest of social welfare with the object of improving the conditions of life of the said persons."
Our objectives are set to reflect our faith and community aims. Each year our trustees review our objectives and activities to ensure they continue to reflect our aims. In carrying out this review the trustees have considered the Charity Commission's general guidance on public benefit and in particular its supplementary public guidance on the advancement of religion for the public benefit.
The principal activities of Crescent Learning Centre (Makki Masjid Trust) in the year under review were those of the registered charity and its principal object remain to provide after-school Islamic education for 7-16 years old in accordance with Sunni Muslim faith and to provide a facility where Muslims can worship.
The charity will provide a community centre for social activity with the younger generation in mind. The centre will also provide for the needs of the older generation. The charity's aim is to develop life long leisure interests and help build self confidence and a desire to contribute to the community.
-1-
**CRESCENT LEARNING CENTRE (MAKKI MASJID)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2021**
## **ACHIEVEMENT AND PERFORMANCE Religious and Community activities**
Our Mosque provides a centre for our prayers and worship and for the activities associated with our faith. Our community hall provides a valuable recreational resource to all in our local community. During the year under review, we offered a range of religious and community services and activities including:
**Prayers:** The Mosque is open all day for daily and Friday prayers. During the week we have over 25 people who regularly attend daily prayers and over 100 who regularly attend Friday prayers.
**Festivals:** The Mosque offers food during Ramadan for those attending our Mosque who wish to break their fast together as well as Eid is also celebrated at Mosque.
**Funeral facilities:** The Mosque provides a complete funeral service in line with the teachings of Islam. We relieve the deceased's bereaved relatives of the burden of organising burials.
**Nikkah (Islamic Marriage):** The Mosque provides Muslim couples with an appropriate location for their Nikkah. Over 11 couples were married at the mosque in the year.
**Hifz classes:** Memorisation of the Qur'an is considered an important element of religious education and training. We continue to provide this facility for the young people in the Mosque. We are pleased this programme which continues to run successfully with over 13 young people regularly attending these classes.
**Zakat (Charity Giving):** It is a part of our faith that all who are able should offer Zakat. Zakat is collected in proportion to a person's means, in accordance with the teaching of Islam, and is giving of money for a number of specific purposes, including to help others, and to further the teachings of Islam. A Muslim need not give Zakat through the Mosque but we do provide the opportunity for those attending the Mosque to give Zakat and we arrange its distribution for approved purposes. The Zakat Committee of the Mosque collects and distributes the Zakat, none of which is used to fund the Mosque. The Mosque makes no charge for the collection and distribution of Zakat.
**Hall facilities:** Our hall is available for use by local groups and organisations. Local charities are also encouraged to make use of our hall. When hall facilities are not required for community use they are available for hire on commercial terms.
## **FINANCIAL REVIEW**
During the year, the centre generated an income of £127,516 (2020: £166,939) whereas resources expended amounted to £91,114 (2020: £89,871) thus generating a surplus of £36,402 (2020: £77,068).
The unrestricted reserves held by the centre as at 31 March 2021 amounts to £526,217. The restricted reserves held by the centre as at 31 March 2021 amounts to £1,422. The total funds held by the centre as at 31 March 2021 amounts to £527,639.
## **FUTURE PLANS**
The charity is looking at the options in which the loans borrowed from individuals can be repaid as soon as possible.
They are planning to increase the number of students as well as considering the possibility of collecting more donations to facilitate the repayment of the outstanding loans.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
Crescent Learning Centre (Makki Masjid Trust) is a registered UK Charity and is governed by its constitution adopted on 18 December 2006 as amended by special resolution dated 11 April 2009.
It is an unincorporated charity and it was registered with Charity Commission of England and Wales on 7 May 2009 under charity number 1129470.
-2-
**CRESCENT LEARNING CENTRE (MAKKI MASJID)**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Appointment of new trustees**
The trustees named above are permanent members of the general public who have invested their time, finances and efforts in establishing the Crescent Learning Centre in order to fulfil its aims and objectives and have served throughout the year.
Due to the permanent nature of their roles, no elections will be held to replace the Trustees. If a Trustee requires replacing, then that is a matter to be decided independently by the Trustees alone. The nature, reason and requirement for replacement (including the replacement process) would primarily be the concern and responsibility of the Trustees.
## **Organisational structure**
The trustees may from time to time make such rules and regulations in their absolute discretion think fit for the management of the institution and may at any time vary such rules and regulations.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1129470
## **Principal address**
18 Victoria Crescent Burton-On-Trent DE14 2QA
## **Trustees**
Mr R Aboojee Mr G M Shaikh Dr A Mohammed Mr M Ghodawala
Mr R Aboojee is a Principal of The Centre and head teacher of the Madressa and he receives a salary for his services.
## **Independent Examiner**
Nazir Malida FCCA Watergates Ltd 109 Coleman Road Leicester LE5 4LE
Approved by order of the board of trustees on 21st January 2022 and signed on its behalf by:
Mr R Aboojee - Trustee
-3-
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CRESCENT LEARNING CENTRE (MAKKI MASJID)**
## **Independent examiner's report to the trustees of Crescent Learning Centre (Makki Masjid)**
I report to the charity trustees on my examination of the accounts of Crescent Learning Centre (Makki Masjid) (the Trust) for the year ended 31st March 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Nazir Malida FCCA Watergates Ltd 109 Coleman Road Leicester LE5 4LE
22nd January 2022
-4-
**CRESCENT LEARNING CENTRE (MAKKI MASJID)**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2021**
|**YEAR ENDED**
**31.3.21**
**Unrestricted**
**Restricted**
**Total**
**fund**
**fund**
**funds**
**Notes**
**£**
**£**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**107,426**
**12,237**
**119,663**
**Charitable activities**
Madressa fees
**-**
**-**
**-**
Mosque and madressa running costs
**7,838**
**-**
**7,838**
Investment income
2
**15**
**-**
**15**
**Total**
**115,279**
**12,237**
**127,516**
**EXPENDITURE ON**
Raising funds
3
**33,178**
**13,500**
**46,678**
**Charitable activities**
Mosque and madressa running costs
**44,436**
**-**
**44,436**
**Total**
**77,614**
**13,500**
**91,114**
**NET INCOME/(EXPENDITURE)**
**37,665**
**(1,263)**
**36,402**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**488,552**
**2,685**
**491,237**
**TOTAL FUNDS CARRIED FORWARD**
**526,217**
**1,422**
**527,639**|**PERIOD**
**1.1.19**
**TO**
**31.3.20**
**Total**
**funds**
**£**
155,970
10,964
-
5
166,939
28,535
61,336
89,871
77,068
414,169
491,237|
|---|---|
The notes on page 0 form part of these financial statements
-5-
## **CRESCENT LEARNING CENTRE (MAKKI MASJID)**
## **STATEMENT OF FINANCIAL POSITION 31ST MARCH 2021**
|**Notes**
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Debtors
8
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
9
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year 10
**NET ASSETS**
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**Unrestricted**
**fund**
**£**
**493,384**
**-**
**49,991**
**49,991**
**(1,158)**
**48,833**
**542,217**
**(16,000)**
**526,217**|**Restricted**
**fund**
**£**
**-**
**-**
**1,422**
**1,422**
**-**
**1,422**
**1,422**
**-**
**1,422**|**31/3/21**
**Total**
**funds**
**£**
**493,384**
**-**
**51,413**
**51,413**
**(1,158)**
**50,255**
**543,639**
**(16,000)**
**527,639**
**526,217**
**1,422**
**527,639**|**31/3/20**
**Total**
**funds**
**£**
446,223
32,620
44,497
77,117
(5,353)
71,764
517,987
(26,750)
491,237
488,552
2,685
491,237|
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 21st January 2022 and were signed on its behalf by:
Mr R Aboojee - Trustee
The notes on page 0 form part of these financial statements
-6-
**CRESCENT LEARNING CENTRE (MAKKI MASJID)**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021**
## **1. ACCOUNTING POLICIES**
## **BASIS OF PREPARING THE FINANCIAL STATEMENTS**
The financial statements of the charity, which is a public benefit entity under FRS 102, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **INCOME**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **EXPENDITURE**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **TANGIBLE FIXED ASSETS**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost Fixtures and fittings - 15% on cost
## **MARKET VALUES OF LAND AND BUILDINGS**
The charity's freehold land and buildings are used solely for charitable purposes. In the opinion of the trustees the market value of the land and buildings of the charity exceeds the amount shown on the balance sheet, but they do not consider the expense of a professional valuation to be justified.
## **TAXATION**
The charity is exempt from tax on its charitable activities.
## **FUND ACCOUNTING**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
-7-
**CRESCENT LEARNING CENTRE (MAKKI MASJID)**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021**
## **2. INVESTMENT INCOME**
**----- Start of picture text -----**
||||
|---|---|---|
|PERIOD|
|1.1.19|
|YEAR ENDED|TO|
|31.3.21|31.3.20|
|£|£|
|Bank interest receivable|15|5|
|3.|RAISING FUNDS|
|RAISING DONATIONS AND LEGACIES|
|PERIOD|
|1.1.19|
|YEAR ENDED|TO|
|31.3.21|31.3.20|
|£|£|
|Donations paid|46,180|27,635|
|Support costs|498|900|
|46,678|28,535|
|4.|TRUSTEES' REMUNERATION AND BENEFITS|
|PERIOD|
|1.1.19|
|YEAR ENDED|TO|
|31.3.21|31.3.20|
|£|£|
|Trustees' salaries|9,874|15,812|
**----- End of picture text -----**
## **TRUSTEES' EXPENSES**
There were no trustees' expenses paid for the year ended 31st March 2021 nor for the period ended 31st March 2020.
## **5. STAFF COSTS**
The average monthly number of employees during the year was as follows:
**----- Start of picture text -----**
||||
|---|---|---|
|PERIOD|
|1.1.19|
|YEAR ENDED|TO|
|31.3.21|31.3.20|
|Madressa and mosque staff|3|6|
**----- End of picture text -----**
No employees received emoluments in excess of £60,000.
-8-
**CRESCENT LEARNING CENTRE (MAKKI MASJID)**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021**
**----- Start of picture text -----**
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 134,380 21,590 155,970
Charitable activities
Madressa fees 10,964 - 10,964
Investment income 5 - 5
Total 145,349 21,590 166,939
EXPENDITURE ON
Raising funds 7,900 20,635 28,535
Charitable activities
-
Mosque and madressa running costs 61,336 61,336
Total 69,236 20,635 89,871
NET INCOME 76,113 955 77,068
RECONCILIATION OF FUNDS
Total funds brought forward 412,439 1,730 414,169
TOTAL FUNDS CARRIED FORWARD 488,552 2,685 491,237
**----- End of picture text -----**
-9-
**CRESCENT LEARNING CENTRE (MAKKI MASJID)**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021**
## **7. TANGIBLE FIXED ASSETS**
|**Freehold**
**Plant and**
**property**
**machinery**
**£**
**£**
**COST**
At 1st April 2020
**437,489**
**825**
Additions
**50,067**
**-**
At 31st March 2021
**487,556**
**825**
**DEPRECIATION**
At 1st April 2020
**-**
**744**
Charge for year
**-**
**80**
At 31st March 2021
**-**
**824**
**NET BOOK VALUE**
At 31st March 2021
**487,556**
**1**
At 31st March 2020
437,489
81
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Taxation and social security
Other creditors||**Fixtures**
**and**
**fittings**
**£**
**18,838**
**-**
**18,838**
**10,185**
**2,826**
**13,011**
**5,827**
8,653
**31/3/21**
**£**
**-**
**31/3/21**
**£**
**48**
**1,110**
**1,158**|**Totals**
**£**
**457,152**
**50,067**
**507,219**
**10,929**
**2,906**
**13,835**
**493,384**
446,223
**31/3/20**
**£**
32,620
**31/3/20**
**£**
-
5,353
5,353|
|---|---|---|---|
-10-
**CRESCENT LEARNING CENTRE (MAKKI MASJID)**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021**
**----- Start of picture text -----**
10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/3/21 31/3/20
£ £
Other creditors 16,000 26,750
11. MOVEMENT IN FUNDS
Net
movement At
At 1.4.20 in funds 31.3.21
£ £ £
Unrestricted funds
General fund 488,552 37,665 526,217
Restricted funds
Zakat 2,685 (1,263) 1,422
TOTAL FUNDS 491,237 36,402 527,639
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 115,279 (77,614) 37,665
Restricted funds
Zakat 12,237 (13,500) (1,263)
TOTAL FUNDS 127,516 (91,114) 36,402
Comparatives for movement in funds
Net
movement At
At 1.1.19 in funds 31.3.20
£ £ £
Unrestricted funds
General fund 412,439 76,113 488,552
Restricted funds
Zakat 1,730 955 2,685
TOTAL FUNDS 414,169 77,068 491,237
**----- End of picture text -----**
-11-
**CRESCENT LEARNING CENTRE (MAKKI MASJID)**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2021**
## **11. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Zakat
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
145,349
21,590
166,939|**Resources**
**expended**
**£**
(69,236)
(20,635)
(89,871)|**Movement**
**in funds**
**£**
76,113
955
77,068|
|---|---|---|---|
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st March 2021.
-12-
**CRESCENT LEARNING CENTRE (MAKKI MASJID)**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2021**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations received
Grants|**PERIOD**
**1.1.19**
**YEAR ENDED**
**TO**
**31.3.21**
**31.3.20**
**£**
**£**
**92,938**
155,970
**26,725**
-|
|---|---|
|**Investment income**
Bank interest receivable
**Charitable activities**
Madressa fees|**119,663**
155,970
**15**
5
**7,838**
10,964|
|**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Donations paid
**Charitable activities**
Trustees' salaries
Wages
Light and heat
Postage and stationery
Repairs & maintenance
Depreciation of tangible fixed assets|**127,516**
166,939
**46,180**
27,635
**9,874**
15,812
**24,370**
29,656
**2,958**
5,128
**2,205**
1,479
**278**
5,592
**2,906**
2,223|
|**Support costs**
**Management**
Insurance
**Finance**
Bank charges
**Governance costs**
Accountancy and legal fees|**42,591**
59,890
**498**
-
**945**
1,446
**900**
900|
|Total resources expended|**91,114**
89,871|
|**Net income**|**36,402**
77,068|
This page does not form part of the statutory financial statements
-13-