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← Welsh Islamic Cultural Association Swansea

2025-03-31-accounts

Charity number: 1131380

Welsh Islamic Cultural Association Swansea

Report of the Trustees and Unaudited Financial Statements

For the year ended 31 March 2025

Welsh Islamic Cultural Association Swansea Contents Page For the year ended 31 March 2025

Report of the Trustees 1 to 4
Independent Examiner's Report to the Trustees 5
Statement of Financial Activities 6
Statement of Financial Position 7
Notes to the Financial Statements 8 to 11

Welsh Islamic Cultural Association Swansea (WICAS) Trustees’ Report for the Year Ended 31 March 2025

The Trustees present their Annual Report together with the financial statements of the Welsh Islamic Cultural Association Swansea (WICAS) for the year ended 31 March 2025. The report has been prepared in accordance with the Charities Act 2011 and the Charities SORP (FRS 102).

1. Objectives and Activities

WICAS is a well-established UK-registered charity (Charity No. 1131380) dedicated to:

The charity fulfils these aims by providing accessible spaces for prayer, meditation, recreation, and social activities at Sketty Mosque and Community Centre.

The Trustees confirm they have paid due regard to the Charity Commission’s guidance on public benefit when planning activities.

2. Achievements and Performance

The 2024/25 financial year has been one of rapid growth, strengthened governance, and record-breaking community engagement for WICAS. With Sketty Mosque now fully operational following its 2023 renovation, efforts focused on scaling programmes, deepening partnerships, and expanding educational, social, and welfare services.

2.1 Major Activities and Community Impact

A. Community Engagement & Events

WICAS delivered 32 major events and programmes, benefiting more than 25,854 individuals, representing one of the most active years in the organisation’s history.

Highlights include:

B. Education & Youth Development - Iqra Academy

Iqra Academy continued its strong upward trajectory:

A well-attended Teacher & Volunteer Training Day supported professional development across the organisation.

C. Social Welfare & Community Well-Being

WICAS delivered some of its largest community welfare initiatives to date:

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Welsh Islamic Cultural Association Swansea (WICAS)

Trustees’ Report for the Year Ended 31 March 2025

• Food Support Initiatives

• Sketty 50+ Tea Lounge

These programmes have significantly strengthened community cohesion and reduced isolation, especially among elderly, vulnerable families, and low-income households.

D. Youth Activities

More than hundreds of children participated in:

E. Interfaith Activities, School Visits & Civic Outreach

These strengthened WICAS’s reputation as a key educational and cultural hub in Swansea.

2.2 Volunteers

Volunteers remain at the heart of WICAS, contributing an extraordinary:

37,340 volunteer hours (equivalent to 4 years, 3 months, 17 days of continuous service)

This reflects exceptional community dedication and is one of WICAS’s greatest assets.

3. Achievements Against Strategic Objectives

Objective 1: Provide accessible spaces for prayer, education & community activities

Achieved through full operation of Sketty Mosque’s facilities, hosting weekly Jummah for 16,640 attendees annually, daily prayers, classes, and events.

Objective 2 - Deliver high-quality Islamic education

Iqra Academy expanded enrolment, introduced new curricula, and strengthened volunteer teaching capacity.

Objective 3 - Enhance welfare and outreach

Major progress through food support programmes, period dignity services, and social care initiatives.

Objective 4 - Strengthen interfaith and civic partnerships

Collaborations grew with Swansea Council, Welsh Government departments, Race Council Cymru, local schools, health boards, and community organisations.

4. Structure, Governance and Management

WICAS is governed by its founding deed of trust and operates as an unincorporated charity.

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Welsh Islamic Cultural Association Swansea (WICAS)

Trustees’ Report for the Year Ended 31 March 2025

Board of Trustees

Responsible for strategic oversight:

Management Committee Trustees (Operational Management) Elected 2025:

These teams worked collaboratively to ensure high standards of governance, safeguarding, compliance, and risk management.

5. Risk Management

Risks monitored during the year include:

With increasing footfall and community engagement, WICAS is enhancing its policies, training, and infrastructure to manage these effectively.

6. Reference and Administrative Information

Charity Number: 1131380

Principal Address: Sketty Mosque, Sketty Park Road, Swansea SA2 9AS Independent Examiner: Mibsons Limited Chartered Certified Accountants 51 Coopers Road Handsworth Wood Birmingham B20 2JU

7. Statement of Trustees’ Responsibilities

Trustees are responsible for preparing the Annual Report and financial statements in accordance with applicable law and regulations.

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Welsh Islamic Cultural Association Swansea (WICAS) Trustees’ Report for the Year Ended 31 March 2025

8. Appreciation

The Trustees extend heartfelt gratitude to:

Your contributions continue to strengthen WICAS’s role as a beacon of faith, service, and unity.

9. Approval

This report was approved by the Board of Trustees and signed on its behalf by:

Nasir Shahzad (Jan 30, 2026 22:04:14 GMT)

……………………………………………..

30/01/2026

Mr Nasir Shahzad

Trustee

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Welsh Islamic Cultural Association Swansea Independent Examiners Report to the Trustees

For the year ended 31 March 2025

I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiners statement

Since the Charity's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of , which is one of the listed bodies.

I have completed my examination. I confirm that no 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 Charity as required by section 130 of the 2011 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.

Muhammad Shahid FCCA Mibsons Limited Chartered Certified Accountants 51 Coopers Road Handsworth Wood Birmingham B20 2JU

30 January 2026

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Welsh Islamic Cultural Association Swansea Statement of Financial Activities For the year ended 31 March 2025

Notes
Income and endowments from:
Donations and legacies
2
Charitable activities
3
Total
Expenditure on:
Charitable activities
4/5
Total
Net income
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
£
254,295
28,362
282,657
(203,523)
(203,523)
79,134
1,365,940
1,445,074		 2024
£
250,276
23,204
273,480
(207,630)
(207,630)
65,850
1,300,090
1,365,940

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Welsh Islamic Cultural Association Swansea Statement of Financial Position As at 31 March 2025

Notes
Fixed assets
Tangible assets
9
Current assets
Stocks
10
11
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
12
Net current assets
Total assets less current liabilities
Net assets
The funds of the charity
Restricted income funds
Unrestricted income funds
Total funds		 £
2025
1,172,350
1,172,350
-
3,144
300,540
303,684
(30,960)
272,724
1,445,074
1,445,074
-
1,445,074
1,445,074		 £
2024
1,135,852
1,135,852
5,315
1,100
227,219
233,634
(3,546)
230,088
1,365,940
1,365,940
1,317,835
48,105
1,365,940

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

Nasir Shahzad (Jan 30, 2026 22:04:14 GMT) Mr Nasir Shahzad Trustee 30 January 2026

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Welsh Islamic Cultural Association Swansea Notes to the Financial Statements For the year ended 31 March 2025

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011.

WICAS meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Statement of cash flows

The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charity is small.

Funds

Unrestricted funds 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.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes.

Restricted funds are those which are to be used as per specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund.

Incoming resources

All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Resources expended

Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings 2% Per annum on cost Fixtures and Fittings 20% Straight line

2. Income from donations and legacies

Unrestricted funds
Donations received
Grants received		 2024
2025
£
£
250,276
206,152
-
48,143
250,276
254,295

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Welsh Islamic Cultural Association Swansea Notes to the Financial Statements Continued For the year ended 31 March 2025

3. Income from charitable activities

Unrestricted funds
Charitable activites
Income from charitable
activities
4. Costs of charitable activities by fund type
Unrestricted funds
Charitable activites
Support costs
5. Costs of charitable activities by activity type
Activities undertaken directly
Charitable activites
6. Analysis of support costs
Governance costs
7. Net income/(expenditure) for the year
This is stated after charging/(crediting):
Depreciation of owned fixed assets
Accountancy fees		 2024
2025
£
£
28,362
23,204
2024
2025
£
£
206,460
202,143
1,170
1,380
207,630
203,523
2024
2025
£
£
203,523
207,630
2024
2025
£
£
1,380
1,170
2025
2024
£
£
29,982
26,534
1,380
1,170

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Welsh Islamic Cultural Association Swansea Notes to the Financial Statements Continued For the year ended 31 March 2025

8. Staff costs and emoluments

Total staff costs for the year ended 31 March 2025 were:

Total staff costs for the year ended 31 March 2025 were:
2025 2024
£ £
Salaries and wages 13,333 34,002
13,333 34,002
2025 2024
Teachers and Prayer Leaders 1 2
1 2

9. Tangible fixed assets

Land and Fixtures and
Cost or valuation Buildings Fittings Total
£ £ £
At 01 April 2024 1,185,745 24,115 1,209,860
Additions 47,768 18,713 66,481
At 31 March 2025 1,233,513 42,828 1,276,341
Depreciation
At 01 April 2024 71,059 2,949 74,008
Charge for year 23,715 6,268 29,983
At 31 March 2025 94,774 9,217 103,991
Net book values
At 31 March 2025 1,138,739 33,611 1,172,350
At 31 March 2024 1,114,686 21,166 1,135,852

10. Stocks and work in progress

Payments on account

2025
£
-
-		 2024
£
5,315
5,315

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Welsh Islamic Cultural Association Swansea Notes to the Financial Statements Continued For the year ended 31 March 2025

11. Debtors

2025 2024
£ £
Amounts due within one year:
Prepayments and accrued income 3,144 -
Other debtors - 1,100
3,144 1,100

12. Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Trade creditors
Other creditors
Accruals and deferred income		 2025
£
23,467
-
7,493
30,960		 2024
£
1,009
1,457
1,080
3,546

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Welsh Islamic Cultural Association Swansea - Accounts YE 31-03-2025

Final Audit Report

2026-01-30

Created: 2026-01-30 By: Muhammad Shahid (accounts@mibsons.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAG5j-cd0kqTFKZbPRGhEf5Evl2m9jgY5g

"Welsh Islamic Cultural Association Swansea - Accounts YE 3103-2025" History

Document created by Mibsons Limited (accounts@mibsons.co.uk)

2026-01-30 - 10:01:17 PM GMT- IP address: 193.237.16.64

Document emailed to Nasir Shahzad (snshahzad@hotmail.com) for signature

2026-01-30 - 10:01:22 PM GMT

Document emailed to Mibsons Limited (accounts@mibsons.co.uk) for signature

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Email viewed by Nasir Shahzad (snshahzad@hotmail.com)

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Document e-signed by Nasir Shahzad (snshahzad@hotmail.com)

Signature Date: 2026-01-30 - 10:04:14 PM GMT - Time Source: server- IP address: 104.28.40.127

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Signer Mibsons Limited (accounts@mibsons.co.uk) entered name at signing as Muhammad Shahid 2026-01-30 - 10:06:09 PM GMT- IP address: 193.237.16.64

Document e-signed by Muhammad Shahid (accounts@mibsons.co.uk)

Signature Date: 2026-01-30 - 10:06:11 PM GMT - Time Source: server- IP address: 193.237.16.64

Agreement completed.

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