REGISTERED CHARITY NUMBER: 1129470
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022
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 2022
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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
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2022
The trustees present their report with the financial statements of the charity for the year ended 31st March 2022. 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.
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2022
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 £426,513 (2021: £127,516) whereas resources expended amounted to £110,289 (2021: £91,114) thus generating a surplus of £316,224 (2021: £36,402).
The incoming resources has primarily increased as the charity collected donations of £228,355 to support it's renovation project. In addition to this, total sums of £40,818 were collected towards Zakat fund.
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. In order to support wider cause, the charity has started to renovate existing property from where it operates and this work has continued during following year as well.
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.
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2022
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 (resigned 30/6/2022) Mr M Ghodawala Mr T R Aboojee (appointed 4/1/2022) Mr J Ahmed
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 31st January 2023 and signed on its behalf by:
Mr R Aboojee - Trustee
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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 2022.
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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of _ which is one of the listed bodies.
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:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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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
31st January 2023
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 132,792 Charitable activities Mosque and madressa running 4,118 Investment income 2 9 Total 136,919 EXPENDITURE ON Raising funds 3 - Charitable activities Mosque and madressa running 55,544 Total 55,544 NET INCOME 81,375 Transfers between funds 10 56,063 Net movement in funds 137,438 RECONCILIATION OF FUNDS Total funds brought forward 526,217 TOTAL FUNDS CARRIED FORWARD 663,655 |
Restricted funds £ 289,594 - - 289,594 54,745 - 54,745 234,849 (56,063) 178,786 1,422 180,208 |
31/3/22 Total funds £ 422,386 4,118 9 426,513 54,745 55,544 110,289 316,224 - 316,224 527,639 843,863 |
31/3/21 Total funds £ 119,663 7,838 15 127,516 46,678 44,436 91,114 36,402 - 36,402 491,237 527,639 |
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The notes on page 0 form part of these financial statements
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
STATEMENT OF FINANCIAL POSITION 31ST MARCH 2022
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Cash at bank and in hand CREDITORS Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 9 NET ASSETS FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted fund £ 547,667 145,891 (903) 144,988 692,655 (29,000) 663,655 |
Restricted funds £ - 180,208 - 180,208 180,208 - 180,208 |
31/3/22 Total funds £ 547,667 326,099 (903) 325,196 872,863 (29,000) 843,863 663,655 180,208 843,863 |
31/3/21 Total funds £ 493,384 51,413 (1,158) 50,255 543,639 (16,000) 527,639 526,217 1,422 527,639 |
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The financial statements were approved by the Board of Trustees and authorised for issue on 31st January 2023 and were signed on its behalf by:
Mr R Aboojee - Trustee
The notes on page 0 form part of these financial statements
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022
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.
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
| 2. INVESTMENT INCOME Bank interest receivable 3. RAISING FUNDS RAISING DONATIONS AND LEGACIES Donations paid Support costs 4. TRUSTEES' REMUNERATION AND BENEFITS Trustees' salaries |
31/3/22 £ 9 31/3/22 £ 54,745 - 54,745 31/3/22 £ 14,967 |
31/3/21 £ 15 31/3/21 £ 46,180 498 46,678 31/3/21 £ 9,874 |
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TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31st March 2022 nor for the year ended 31st March 2021.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Madressa and mosque staff No employees received emoluments in excess of £60,000. 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 107,426 Charitable activities Mosque and madressa running 7,838 Investment income 15 Total 115,279 EXPENDITURE ON Raising funds 33,178 |
31/3/22 4 Restricted funds £ 12,237 - - 12,237 13,500 |
31/3/21 3 Total funds £ 119,663 7,838 15 127,516 46,678 |
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
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6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund funds funds
£ £ £
Charitable activities
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Mosque and madressa running 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
7. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£ £ £ £
COST
At 1st April 2021 487,556 825 18,838 507,219
Additions 56,073 - - 56,073
At 31st March 2022 543,629 825 18,838 563,292
DEPRECIATION
At 1st April 2021 - 824 13,011 13,835
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Charge for year 1,790 1,790
At 31st March 2022 - 824 14,801 15,625
NET BOOK VALUE
At 31st March 2022 543,629 1 4,037 547,667
At 31st March 2021 487,556 1 5,827 493,384
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31/3/22 £ Taxation and social security 303 Other creditors 600 903 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 31/3/22 £ Other creditors 29,000 MOVEMENT IN FUNDS Net Transfers movement between At 1.4.21 in funds funds £ £ £ Unrestricted funds General fund 526,217 81,375 56,063 Restricted funds Zakat 1,422 (657) - Renovation Project - 228,355 (56,073) Other projects - 7,151 10 1,422 234,849 (56,063) TOTAL FUNDS 527,639 316,224 - Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 136,919 (55,544) Restricted funds Zakat 40,818 (41,475) Renovation Project 228,355 - Other projects 20,421 (13,270) 289,594 (54,745) TOTAL FUNDS 426,513 (110,289) |
31/3/21 £ 48 1,110 1,158 31/3/21 £ 16,000 At 31.3.22 £ 663,655 765 172,282 7,161 180,208 843,863 Movement in funds £ 81,375 (657) 228,355 7,151 234,849 316,224 |
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9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
10. MOVEMENT IN FUNDS
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Zakat TOTAL FUNDS |
At 1.4.20 £ 488,552 2,685 491,237 |
Net movement in funds £ 37,665 (1,263) 36,402 |
At 31.3.21 £ 526,217 1,422 527,639 |
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Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Zakat TOTAL FUNDS |
Incoming resources £ 115,279 12,237 127,516 |
Resources expended £ (77,614) (13,500) (91,114) |
Movement in funds £ 37,665 (1,263) 36,402 |
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A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Zakat Renovation Project Other projects TOTAL FUNDS |
At 1.4.20 £ 488,552 2,685 - - 2,685 491,237 |
Net movement in funds £ 119,040 (1,920) 228,355 7,151 233,586 352,626 |
Transfers between funds £ 56,063 - (56,073) 10 (56,063) - |
At 31.3.22 £ 663,655 765 172,282 7,161 180,208 843,863 |
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted funds|
|General fund|252,198|(133,158)|119,040|
|Restricted funds|
|Zakat|53,055|(54,975)|(1,920)|
|-|
|Renovation Project|228,355|228,355|
|Other projects|20,421|(13,270)|7,151|
|301,831|(68,245)|233,586|
|TOTAL FUNDS|554,029|(201,403)|352,626|
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Other project relates to fund balances on various projects as follows
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|---|---|
|Winter support|£4,690.00|
|Orphans support|£240.00|
|Qurbani project|£2,231.00|
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11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2022.
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations received Grants |
31/3/22 31/3/21 £ £ 404,583 92,938 17,803 26,725 |
|---|---|
| Investment income Bank interest receivable Charitable activities Madressa fees |
422,386 119,663 9 15 4,118 7,838 |
| Total incoming resources EXPENDITURE Raising donations and legacies Donations paid Charitable activities Trustees' salaries Wages Rates and water Light and heat Postage and stationery Repairs & maintenance Books and learning resources Depreciation of tangible fixed assets |
426,513 127,516 54,745 46,180 14,967 9,874 27,823 24,370 155 - 4,134 2,958 1,088 2,205 834 278 1,381 - 1,790 2,906 |
| Support costs Management Insurance Finance Bank charges Card charges |
52,172 42,591 249 498 731 945 1,702 - |
| Governance costs Accountancy and legal fees |
2,433 945 690 900 |
| Total resources expended | 110,289 91,114 |
| Net income | 316,224 36,402 |
This page does not form part of the statutory financial statements
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