REGISTERED CHARITY NUMBER: 1129470
TRUSTEES' REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
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 2023
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Page
Trustees' Report 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Statement of Financial Position 7
Notes to the Financial Statements 8 to 14
Detailed Statement of Financial Activities 15 to 16
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2023
The trustees present their report with the financial statements of the charity for the year ended 31st March 2023. 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 2023
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 £402,021 (2022: £426,513) whereas resources expended amounted to £269,126 (2022: £110,289) thus generating a surplus of £132,895 (2022: £316,224).
The incoming resources has reduced this year as donations of £228,355 was collected last year towards renovation project whereas this amounts to £22,525 for the year. This was compensated by an increase in donations towards Zakat funds to £177,451 (2021:£40,818). However, by nature Zakat funds need to be spent by way of donations to needy people and therefore, £116,883 was expended from this fund which has resulted in lower surplus then previous year.
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.
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2023
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.
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 (resigned 19/1/2024) Mr J Ahmed Mr M Sayed (appointed 19/1/2024)
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
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2023
Approved by order of the board of trustees on 27th January 2024 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 2023.
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 member of the ERROR - relevant professional body must be completed, 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 2. 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
27th January 2024
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 131,243 Charitable activities Mosque and madressa running 3,500 Investment income 2 622 Total 135,365 EXPENDITURE ON Raising funds - Charitable activities Mosque and madressa running 71,077 Total 71,077 NET INCOME 64,288 Transfers between funds 10 187,482 Net movement in funds 251,770 RECONCILIATION OF FUNDS Total funds brought forward 663,655 TOTAL FUNDS CARRIED FORWARD 915,425 |
Restricted funds £ 266,656 - - 266,656 195,274 2,775 198,049 68,607 (187,482) (118,875) 180,208 61,333 |
31/3/23 Total funds £ 397,899 3,500 622 402,021 195,274 73,852 269,126 132,895 - 132,895 843,863 976,758 |
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 |
|---|---|---|---|
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 2023
| Notes FIXED ASSETS Tangible assets 6 CURRENT ASSETS Debtors 7 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 £ 737,977 121,724 90,564 212,288 (840) 211,448 949,425 (34,000) 915,425 |
Restricted funds £ - - 61,333 61,333 - 61,333 61,333 - 61,333 |
31/3/23 Total funds £ 737,977 121,724 151,897 273,621 (840) 272,781 1,010,758 (34,000) 976,758 915,425 61,333 976,758 |
31/3/22 Total funds £ 547,667 - 326,099 326,099 (903) 325,196 872,863 (29,000) 843,863 663,655 180,208 843,863 |
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 27th January 2024 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 2023
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 Motor vehicles - 20% on reducing balance
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 2023
2. INVESTMENT INCOME
| 2. INVESTMENT INCOME |
|
|---|---|
| Bank interest receivable | 31/3/23 31/3/22 £ £ 622 9 |
| 3. TRUSTEES' REMUNERATION AND BENEFITS Trustees' salaries |
31/3/23 31/3/22 £ £ 28,241 14,967 |
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31st March 2023 nor for the year ended 31st March 2022.
4. 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. 5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 132,792 Charitable activities Mosque and madressa running 4,118 Investment income 9 Total 136,919 EXPENDITURE ON Raising funds - Charitable activities Mosque and madressa running 55,544 Total 55,544 NET INCOME 81,375 Transfers between funds 56,063 |
31/3/23 2 Restricted funds £ 289,594 - - 289,594 54,745 - 54,745 234,849 (56,063) |
31/3/22 4 Total funds £ 422,386 4,118 9 426,513 54,745 55,544 110,289 316,224 - |
|---|---|---|
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023
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5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund funds funds
£ £ £
Net movement in funds 137,438 178,786 316,224
RECONCILIATION OF FUNDS
Total funds brought forward 526,217 1,422 527,639
TOTAL FUNDS CARRIED FORWARD 663,655 180,208 843,863
6. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£ £ £ £ £
COST
At 1st April 2022 543,629 825 18,838 - 563,292
Additions 187,841 (1) 2,434 1,180 191,454
At 31st March 2023 731,470 824 21,272 1,180 754,746
DEPRECIATION
At 1st April 2022 - 824 14,801 - 15,625
Charge for year - - 908 236 1,144
At 31st March 2023 - 824 15,709 236 16,769
NET BOOK VALUE
At 31st March 2023 731,470 - 5,563 944 737,977
At 31st March 2022 543,629 1 4,037 - 547,667
7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£ £
Other debtors 121,724 -
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023
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8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£ £
Taxation and social security - 303
Other creditors 840 600
840 903
9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/3/23 31/3/22
£ £
Other creditors 34,000 29,000
10. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.4.22 in funds funds 31.3.23
£ £ £ £
Unrestricted funds
General fund 663,655 64,288 187,482 915,425
Restricted funds
Zakat 765 60,568 - 61,333
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Renovation Project 172,282 15,200 (187,482)
- -
Other projects 7,161 (7,161)
180,208 68,607 (187,482) 61,333
TOTAL FUNDS 843,863 132,895 - 976,758
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 135,365 (71,077) 64,288
Restricted funds
Zakat 177,451 (116,883) 60,568
Renovation Project 22,525 (7,325) 15,200
Other projects 66,680 (73,841) (7,161)
266,656 (198,049) 68,607
TOTAL FUNDS 402,021 (269,126) 132,895
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.4.21 £ Unrestricted funds General fund 526,217 Restricted funds Zakat 1,422 Renovation Project - Other projects - 1,422 TOTAL FUNDS 527,639 Comparative net movement in funds, included in the above are Unrestricted funds General fund Restricted funds Zakat Renovation Project Other projects TOTAL FUNDS |
Net movement in funds £ 81,375 (657) 228,355 7,151 234,849 316,224 as follows: Incoming resources £ 136,919 40,818 228,355 20,421 289,594 426,513 |
Transfers between At funds 31.3.22 £ £ 56,063 663,655 - 765 (56,073) 172,282 10 7,161 (56,063) 180,208 - 843,863 Resources Movement expended in funds £ £ (55,544) 81,375 (41,475) (657) - 228,355 (13,270) 7,151 (54,745) 234,849 (110,289) 316,224 |
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023
10. MOVEMENT IN FUNDS - continued
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 1.4.21 £ 526,217 1,422 - - 1,422 527,639 |
Net movement in funds £ 145,663 59,911 243,555 (10) 303,456 449,119 |
Transfers between funds £ 243,545 - (243,555) 10 (243,545) - |
At 31.3.23 £ 915,425 61,333 - - 61,333 976,758 |
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A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Zakat Renovation Project Other projects TOTAL FUNDS |
Incoming resources £ 272,284 218,269 250,880 87,101 556,250 828,534 |
Resources Movement expended in funds £ £ (126,621) 145,663 (158,358) 59,911 (7,325) 243,555 (87,111) (10) (252,794) 303,456 (379,415) 449,119 |
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2023.
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023
| INCOME AND ENDOWMENTS Donations and legacies Donations received Gift aid Grants |
31/3/23 31/3/22 £ £ 314,693 404,583 83,206 - - 17,803 |
|---|---|
| Investment income Bank interest receivable Charitable activities Madressa fees |
397,899 422,386 622 9 3,500 4,118 |
| Total incoming resources EXPENDITURE Raising donations and legacies Donations paid Fundraising fees |
402,021 426,513 190,724 54,745 4,550 - |
| Charitable activities Trustees' salaries Wages Rates and water Insurance Light and heat Telephone Postage and stationery Repairs & maintenance Books and learning resources Travel and subsistence Motor expenses Depreciation of tangible fixed assets |
195,274 54,745 28,241 14,967 12,602 27,823 534 155 563 - 12,994 4,134 681 - 524 1,088 5,153 834 244 1,381 2,775 - 2,093 - 1,145 1,790 |
| Support costs Management Insurance |
67,549 52,172 - 249 |
This page does not form part of the statutory financial statements
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CRESCENT LEARNING CENTRE (MAKKI MASJID)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023
| Management Finance Bank charges Card charges |
31/3/23 31/3/22 £ £ - 731 1,983 1,702 |
|---|---|
| Governance costs Accountancy fees Accountancy specials |
1,983 2,433 840 690 3,480 - |
| 4,320 690 |
|
| Total resources expended | 269,126 110,289 |
| Net income | 132,895 316,224 |
This page does not form part of the statutory financial statements
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