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2022-03-31-accounts

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OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

REPORTS

AND

FINANCIAL STATEMENTS

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022

ATS Accountants Ltd 8 Rochdale Road Oldham OL2 6QJ

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OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YE A R ENDED 31 MARCH 2022

CONTENTS

PAGE
GENERAL 1
REPORT OF THE OFFICERS 2
REPORT OF THE ACCOUNTANTS 4
REPORT OF THE INDEPENDENT EXAMINER 5
BALANCE SHEET 6
INCOME AND EXPENDITURE ACCOUNT 7
SOURCE AND APPLICATION OF FUNDS 8
NOTES FORMING PARTS OF THE ACCOUNTS 9 - 13

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OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022

GENERAL

Registered Charity Number 1133257

ADDRESS

88 Featherstall Road North Oldham OL9 6BX

HONORARY Officers

Mr. Muhammad Abdul Karim Mr. Mohammed Abdul Hashim Mr. Aftab Miah

Secretary Treasurer Assistant Treasurer

EXECUTIVE COMMITTEE MEMBERS

Mr. Mohammad Habibur Rahman

Mr. Mohammed Mahmod Miah

Mr. Mohammed Nowab Ali

Mr. Mohammed Shopik Maih

Mr. Abdul Malik Ahmed

CO-OPTED MEMBERS

Mr. Aftab Miah Mr. Anwarul Islam Mr. Mohammed Adnan Aziz Mr. Shamru Miah Mr. MD Afaz Uddin Mr. Soil Miah

CUSTODIAN TRUSTEES

Mr. Mohammed Moukhtar Ali Mr. Syed Suruk Azhar Miah Mr. Ustar Ali Khan

ACCOUNTANT/ INDEPENDENT EXAMINER

ATS Accountants Ltd 8 Rochdale Road Oldham OL2 6QJ

BANKERS

Natwest Bank Oldham Branch 10 Yorkshire Street Oldham OL1 1QT

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OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

REPORT OF THE OFFICERS ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022

The Honorary Officers present their report on the affairs of the Oldham Central Masjid & Islamic Centre, together with The Officers have, as required by the Charity Act prepared financial statements for the year ended 31 March 2021 which The Charity has been keeping proper accounting records which disclose with reasonable accuracy at any time the financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the 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 2015).

1. PRINICIPAL ACTIVITIES

The principal activity of the Charity is to provide religious facilities for the followers of the Islamic faith, to establish, manage and maintain the Central Masjid in accordance with Islamic principles and values and to offer provision for Islamic teachings and wider community facilities where necessary and appropriate.

The Charity aims to provide public prayer facilities 5 times a day 365 days a year. To provide facilities for funeral prayers as well as Eid prayers. To provide Islamic education classes for children as well as Adult Islamic classes for both men and women. To have awareness raising sessions around health and community welfare issues.

Review of achievements and performance

Over the course of the year the we have focused on making organisational improvements for the long-term stability of the Charity. We have also obtained planning permission to replace our temporary portacabin structure to a permanent 3 story brick-built building. We have also started to review our governance structure and documentations with a view to making improvements as necessary.

Our core provision of being a place of daily worship has been expanded post Covid 19 restrictions.

We continue to provide Quranic education for adults and children with a wider choice of courses. We continue to accommodate school visits so that children from all backgrounds can learn about Islam and physically see what a Mosque looks like. Our Nikkah service continue to offer Islamic marriage provision for people who wish marry in accordance with sharia law. Our funeral service offered a full range of services to families who have lost loved ones whether at home or in hospital.

Overall it has been a year where we are getting back to “normality” post Covid 19, building on our previous success and laying the foundation for better provision and facility for the future.

2

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2. FINANCIAL REVIEW

The charity has not created a specific reserve. However, upon advice from the financial advisors of the charity, the Trustees will consider the creation of specific reserves, and a reserves policy, if deemed necessary by the Trustees.

3. ASSETS

Information relating to details of assets is given in Note 2 to the accounts.

4. ACCOUNTANTS

The Officers will place a resolution before the annual general meeting to continue the appointment of ATS Accountants Ltd as accountants of the Charity,

By order of the board

……………................................................... Muhammad Abdul Karim (Secretary)

27/01/2023 02:55:06 BST Date:

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OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE ACCOUNTS FOR THE YE A R ENDED 31 MARCH 2022

Accountant's Report to the Unaudited Financial Statements to the Officers of OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2022 set out on pages 6 to 13 and you consider that the charity is exempt from an audit. In accordance with your instructions, we have compiled these unaudited financial statements, in order to assist you to fulfil your statutory responsibilities, from the accounting records and information supplied to us.

ATS Accountants

8 Rochdale Road Oldham OL2 6QJ

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OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

Independent examiner’s report to the trustees

I report to the trustees on my examination of the accounts of the above charity for the year ended 31 March 2022.

Respective responsibilities of trustees and examiner

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

I report in respect of my examination of the Trust’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.

Basis of independent examiner's report

My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of The Chartered Institute of Public Finance and Accountancy (CIPFA).

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

Shahedul Alam BSc (Hons) CPFA On behalf of ATS Accountants Ltd

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OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 BALANCE SHEET AS AT 31 MARCH 2022

Fixed assets
Notes
Tangible assets
2
Current assets
Debtors and Prepayments
3
Cash at Bank & in Hand
4
Net current assets
Creditors: Amounts
falling due within one
year
5
Interest Free Loan
10
Other Creditors
Net Assets
Funds
Unrestricted Funds
Balance brought forward
Prior Year Adjustment
Surplus for the year
Revaluation Reserve
Balance Carried
Forward
£
-
654,305
2022
£
3,237,356
(224,313)
(5,814)
3,661,535
2,401,244
-
112,275
1,148,016
3,661,535
£
-
570,131
2021
£
3,208,911
570,131
(227,673)
(2,109)
3,549,260
2,252,015
-
149,229
1,148,016
3,549,260

The financial statements were approved by the board of officers and signed on behalf of the officers by:

....................................................

Muhammad Abdul Karim (Secretary)

27/01/2023 02:55:06 BST Date:

The accompanying notes form an integral part of these accounts.

6

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OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 INCOME AND EXPENDITURE ACCOUNT

Notes
Income
7
Donations and Gifts
Funeral Services
Other Income
Less: Fundraising
Expenses
8
Less: Admin Expenses
9
Surplus on Ordinary
Activities for the year
Surplus Brought Forward
Prior Year Adjustment
Surplus Carried Forward
£
-
374,101
2022
£
219,321
222,372
44,683
486,376
(374,101)
112,275
2,411,930
-
2,524,205
£
-
338,605
2021
£
138,679
316,034
33,121
487,834
(338,605)
149,229
2,262,701
-
2,411,930

The charity has no recognised gains or losses other than those shown in the Income and Expenditure Account for the above

The accompanying notes form an integral part of these accounts.

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OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 RECONCILIATION AND ANALYSIS OF MOVEMENTS ON THE FUNDS

Unrestricted Funds
Income (Donations,
Gifts and Others)
Interest Free Loans
Other Loans
Opening Value of
Funds
Funds Available for
Use
Funds Used:
Admin Expenditure
Capital Expenditure
L&B
Capital Expenditure
F&F
Capital Expenditure
MV
Other Creditors
Karz Hasna
Loan Increase
Loan Repayments
Adjustments,
previous year
Closing Value of
Funds
Balance at Bank
Account 1
Balance at Bank
Account 2
Cash in Hand
Funds in Hand
2022
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
2022
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
2022
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
2022
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
2021
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
2021
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
2021
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
2021
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
2021
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
2021
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
486,376
-
-
-
-
486,376
-
-
487,834
-
-
-
-
-
487,834
-
-
486,376
570,131
-
-
486,376
570,131
487,834
474,053
- -
-
487,834
474,053
1,056,507
(363,609)*
(38,357)
(580)
-
3,705
5,140
(8,500)
-
-
-
1,056,507
(363,609)*
(38,357)
(580)
-
3,705
5,140
(8,500)
-
961,887
(326,315)*
-
(41,500)
-
1,059
1,500
(26,500)
-
- -
-
961,887
(326,315)*
-
(41,500)
-
1,059
1,500
(26,500)
-
654,305 - 654,305 570,131 - - 570,131
11,853
636,606
5,846
1,157
546,256
22,718
654,305 570,131

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OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 NOTES TO THE ACCOUNTS

1. STATEMENT OF ACCOUNTING POLICIES

The principal accounting policies of the Charity are set out below:

a) The Accounts are prepared under historical cost convention.

b) Tangible fixed assets

Tangible Fixed Assets are stated at cost, and depreciated over their expected lives or anticipated length of use by the Charity in order to write off the cost less estimated residual value. In the opinion of the charity officers, current value is more than its cost. Therefore no depreciation is provided.

Land & Building 0% Straight Line Fixtures and fittings 15% Reducing Balance Motor vehicles 20% Reducing Balance

c) Income

Income comprises the value of Donations and Gifts, sponsors, Tax refunds as well as Interest on Bank Account and VAT where appropriate.

d) Expenditure

The expenses are inclusive of VAT where appropriate.

2. TANGIBLE FIXED ASSETS

Cost/ Revaluation
at 01 April 2021
Revaluation
Additions (Works
in progress)
At 31 March 2022
Depreciation
At 01 April 2021
Charges for the
Year
At March 2022
Net Book Value
At 31 March 2022
Land &
Building
Fixtures &
Fittings
3,140,778
107,408
-
-
38,357
580
Motor Vehicles
Total
8,500
3,256,686
-
-
-
38,937
3,179,35
107,988
8,500
3,295,623
-
42,889
-
9,765
4,886
47,775
727
10,492
-
52,654
5,613
58,267
3,179,135
55,334
2,887
3,237,356
At 31 March 2021 3,140,778
64,519
3,614
3,208,911

9

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OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 NOTES TO THE ACCOUNTS

3. DEBTORS

Amounts falling due within one period:
Amounts falling due after more than one period:
Total
2022
2021
£
£
-
-
-
-
-
-

4. CASH IN HAND AND AT BANK

Cash in hand
Cash at Bank 1
Cash at Bank 2
2022
£
11,853
636,606
5,846
654,305
2021
£
1,157
546,256
22,718
570,131

5. CREDITORS

Amounts falling due within one year:
Interest Free Loans
Other Creditors:
PAYE
Accruals
Deferred Income
2022
£
224,313
-
818
4,996
230,127
2021
£
227,673
1,459
650
-
229,782

10

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OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 NOTES TO THE ACCOUNTS

6. PROVISION FOR LIABILITIES

Amounts falling due within one period:
7. INCOME
Donations & Gifts
Akth
Darul Qirath
Donations
Eid ul Adha
Jummah
Masjid Boxes
PTT
Radio
Shop and House Boxes
TV Appeal
Funeral Services
Other Income
Moktob Classes & Other Class Fees
Other Operating Income
Total Income
8. FUND RAISING EXPENSES
2022
£
Live TV Appeal
Charges
-
Travelling & Substance
-
Money Boxes
-
Amounts falling due within one period:
7. INCOME
Donations & Gifts
Akth
Darul Qirath
Donations
Eid ul Adha
Jummah
Masjid Boxes
PTT
Radio
Shop and House Boxes
TV Appeal
Funeral Services
Other Income
Moktob Classes & Other Class Fees
Other Operating Income
Total Income
8. FUND RAISING EXPENSES
2022
£
Live TV Appeal
Charges
-
Travelling & Substance
-
Money Boxes
-
This year
Last year
£
£
Nil
Nil
-
-
2022
2021
£
£
7,930
3,815
-
-
72,227
57,444
-
-
111,441
61,136
12,570
5,212
-
-
4920
2,705
10233
8,367
-
-
222,372
316,034
26,643
2,249
18,040
30,872
486,376
487,834
2022
£
2021
£
2021
£
-
-
-
--
-
-
-
This year
Last year
£
£
Nil
Nil
-
-
2022
2021
£
£
7,930
3,815
-
-
72,227
57,444
-
-
111,441
61,136
12,570
5,212
-
-
4920
2,705
10233
8,367
-
-
222,372
316,034
26,643
2,249
18,040
30,872
486,376
487,834
2022
£
2021
£
2021
£
-
-
-
--
-
-
-
This year
Last year
£
£
Nil
Nil
-
-
2022
2021
£
£
7,930
3,815
-
-
72,227
57,444
-
-
111,441
61,136
12,570
5,212
-
-
4920
2,705
10233
8,367
-
-
222,372
316,034
26,643
2,249
18,040
30,872
486,376
487,834
2022
£
2021
£
2021
£
-
-
-
--
-
-
-
This year
Last year
£
£
Nil
Nil
-
-
2022
2021
£
£
7,930
3,815
-
-
72,227
57,444
-
-
111,441
61,136
12,570
5,212
-
-
4920
2,705
10233
8,367
-
-
222,372
316,034
26,643
2,249
18,040
30,872
486,376
487,834
2022
£
2021
£
2021
£
-
-
-
--
-
-
-
-
2021
£
-
-
--
-

11

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OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 NOTES TO THE ACCOUNTS

9. ADMINISTRATIVE EXPENSES

Accountancy Fees
App & Website Expenses
Building Costs
Cemetery Fees
Charitable Donations
Cleaning
Funeral Materials
Funeral Service
Insurance
Just Giving
Legal & Professional Fees
Light and Heat
Materials for Masjid
Motor Expenses
Radio & TV Appeals
Repairs and Maintenance
Stationery and Printing
Sundry
Tax and PAYE
Telephone
Wages and Salaries
Water
Depreciation:
F&F
Motor Vehicles
2022
2,992
400
-
218,099
4,600
899
-
19,403
-
216
-
17,421
6,413
275
-
25,034
-
-
4,466
356
61,491
1,429
9,765
727
374,101
2021
1,300
400
-
155,669
560
878
-
63,974
7,011
216
1,074
16,578
7,534
805
-
9,405
-
-
7,116
285
51,349
2,161
11,386
904
338,605

12

GrabSign 81bc29c34a80f69530c05233a4e60f5d4572

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 NOTES TO THE ACCOUNTS

10. INTEREST FREE LOANS/ £ £
KARZ HASANA
Balance b/fwd 227,673 252,673
Interest Free Loans Increase 5,140 1,500
Less Repaid (8,500) (26,500)
224,313 227,673
11. CAPITAL EXPENDITURE
2022 2021
£ £
Miscellaneous
Motor Vehicles additions
-
additions
-
Land & Buildings additions
38,357
additions
-
Fixtures & Fittings additions
580
additions
41,500
38,937 41,500

13

Completion Certificate

Document Pack Id: 81bc29c34a80f69530c05233a4e60f5d4572

Subject: OCMIC - Please review the Annual Charities Commission Report for the last year end Total Pages: 15 Timezone: Europe/London Signing Order: No Signer allowed to add new fields: No

Signers List

Name : Abdul Karim Email : mak288@hotmail.co.uk Signed Method : Signature by invite

Signed Timestamp : 27/01/2023 02:55:06 PM IP Address : 82.22.154.136

Activities List

Status Message Timestamp
Created Document was created by ATS Accountants 27/01/2023 11:25:44 AM
Sent Document was sent to Abdul Karim(mak288@hotmail.co.uk). 27/01/2023 11:39:13 AM
Viewed Document was viewed by Abdul Karim(mak288@hotmail.co.uk). 27/01/2023 02:49:01 PM
Signed Document was signed by Abdul Karim (mak288@hotmail.co.uk). 27/01/2023 02:55:07 PM
Completed Document was completed. 27/01/2023 02:55:07 PM