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2023-03-31-accounts

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

REPORTS

AND

FINANCIAL STATEMENTS

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

ATS Accountants Ltd 8 Rochdale Road Oldham OL2 6QJ

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YE A R ENDED 31 MARCH 2023

CONTENTS

PAGE
GENERAL 1
REPORT OF THE OFFICERS 3
REPORT OF THE ACCOUNTANTS 5
REPORT OF THE INDEPENDENT EXAMINER 6
BALANCE SHEET 7
INCOME AND EXPENDITURE ACCOUNT 8
SOURCE AND APPLICATION OF FUNDS 9
NOTES FORMING PARTS OF THE ACCOUNTS 10 – 14

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

GENERAL

Registered Charity Number 1133257

ADDRESS

88 Featherstall Road North Oldham OL9 6BX

Committee from 23 January 2023

HONORARY Officers

Mr. Muhammad Abdul Karim Chairman Mr. Muhammad Habibur Rahman Vice Chairman Mr. Mohammed Nowab Ali Vice Chairman Mr. Mohammed Shopik Maih Vice Chairman Mr. Soyl Miah Vice Chairman Mr. Muzahid Khan Secretary Mr. Aftab Miah Kahar Assistant Secretary Mr. Mohammed Abdul Hashim Treasurer Mr. Aftab Miah Assistant Treasurer Mr. Mohammed Moukhtar Ali Motolli Mr. MD Afaz Uddin Assistant Mottolli

EXECUTIVE COMMITTEE MEMBERS

Mr. Anwarul Islam

Mr. Abdul Malik Ahmed Mr. Mohammed Adnan Aziz

Mr. Shamru Miah

Mr. Badsha Miah Mr. Saddikur Rahman Mr Mohammed Abdus Satter Mr Abdul Kadir

CUSTODIAN TRUSTEES

Mr. Syed Suruk Azhar Miah Mr. Abdus Sobhan

Mr. Mohammed Mahmod Miah

ACCOUNTANT/ INDEPENDENT EXAMINER

ATS Accountants Ltd 8 Rochdale Road Oldham OL2 6QJ

BANKERS

Natwest Bank Oldham Branch 10 Yorkshire Street Oldham OL1 1QT

1

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

GENERAL

Registered Charity Number 1133257

ADDRESS

88 Featherstall Road North Oldham OL9 6BX

Committee up to 22 January 2023

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. Muzahid Khan

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. Soyl Miah

CUSTODIAN TRUSTEES

Mr. Mohammed Moukhtar Ali Mr. Syed Suruk Azhar Miah Mr. Ustar Ali Khan (Oct 22)

ACCOUNTANT/ INDEPENDENT EXAMINER

ATS Accountants Ltd 8 Rochdale Road Oldham OL2 6QJ

BANKERS

Natwest Bank Oldham Branch 10 Yorkshire Street Oldham OL1 1QT

2

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

REPORT OF THE OFFICERS ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

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 2023 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 to complete funeral service, Nikkah service and Islamic education facilities for children as well as adult for both men and women. In addition hold e 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 resubmitted for 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 continues to grow and has been expanding on a continuous basis.

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.

We are contentiously working with the local hospital, the CCG and the Coroner’s office to have bodies of deceased Muslims released quickly so that families can bury people without delay.

Overall it has been a year where we are building on our previous success and laying the foundation for better provision and facility for the future.

3

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

----- Start of picture text -----
……………...................................................
Muhammad Abdul Karim (Chairman)
----- End of picture text -----

Date: 14 January 2024

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE ACCOUNTS FOR THE YE A R ENDED 31 MARCH 2023

4

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 2023 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

5

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 2023.

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

6

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 BALANCE SHEET AS AT 31 MARCH 2023

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		 £
-
772,951		 2023
£
3,245,488
772,951
(206,298)
(1,401)
3,810,740
2,513,518
-
149,205
1,148,016
3,810,740		 £
-
654,305		 2022
£
3,237,356
654,305
(224,313)
(5,814)
3,661,535
2,401,244
-
112,275
1,148,016
3,661,535

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

.................................................... Muhammad Abdul Karim (Chairman)

Date: 14 January 2024

The accompanying notes form an integral part of these accounts.

7

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 INCOME AND EXPENDITURE ACCOUNT

Notes
Income
7
Donations and Gifts
Funeral Services
Other Income
Grant Income
Less: Cost of sales
12
Less: Admin Expenses
9
Surplus on Ordinary
Activities for the year
Surplus Brought Forward
Prior Year Adjustment
Surplus Carried Forward		 £
13,394
366,789		 2023
£
293,532
162,647
52,702
20,506
529,388
(380,183)
149,205
2,524,205
-
2,673,410		 £
-
374,101		 2022
£
219,321
222,372
44,683
-
486,376
(374,101)
112,275
2,411,930
-
2,524,205

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.

8

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

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:
Cost of sales
Admin Expenditure
Capital Expenditure
L&B
Capital Expenditure
F&F
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		 2023
Unrestricted and Restricted Funds
2022
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
General
£
Designated
£
Total
£
529,388
529,388
486,376
486,376
-
-
-
-
-
-
-
-
-
-
-
-		 2023
Unrestricted and Restricted Funds
2022
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
General
£
Designated
£
Total
£
529,388
529,388
486,376
486,376
-
-
-
-
-
-
-
-
-
-
-
-		 2023
Unrestricted and Restricted Funds
2022
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
General
£
Designated
£
Total
£
529,388
529,388
486,376
486,376
-
-
-
-
-
-
-
-
-
-
-
-		 2023
Unrestricted and Restricted Funds
2022
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
General
£
Designated
£
Total
£
529,388
529,388
486,376
486,376
-
-
-
-
-
-
-
-
-
-
-
-		 2023
Unrestricted and Restricted Funds
2022
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
General
£
Designated
£
Total
£
529,388
529,388
486,376
486,376
-
-
-
-
-
-
-
-
-
-
-
-		 2023
Unrestricted and Restricted Funds
2022
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
General
£
Designated
£
Total
£
529,388
529,388
486,376
486,376
-
-
-
-
-
-
-
-
-
-
-
-		 2023
Unrestricted and Restricted Funds
2022
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
General
£
Designated
£
Total
£
529,388
529,388
486,376
486,376
-
-
-
-
-
-
-
-
-
-
-
-		 2023
Unrestricted and Restricted Funds
2022
Unrestricted and Restricted Funds
General
£
Designated
£
Total
£
General
£
Designated
£
Total
£
529,388
529,388
486,376
486,376
-
-
-
-
-
-
-
-
-
-
-
-
529,388
654,305		 -
-		 529,388
654,305		 486,376
570,131		 -
-		 486,376
570,131
1,183,693
(13,394)
(356,264)*
(7,663)
(10,996)
(4,410)
420
(18,435)
-		 -
-
-
-
-
-
-
-		 1,183,693
-
(356,264)*
(7,663)
(10,996)
(4,410)
420
(18,435)
-		 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)
-
772,951 - 772,951 654,305 - 654,305
23,792
730,631
18,528
772,951		 11,853
636,606
5,846
654,305

9

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

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 2022
Revaluation
Additions (Works
in progress)
At 31 March 2023
Depreciation
At 01 April 2022
Charges for the
Year
At March 2023
Net Book Value
At 31 March 2023		 Land &
Building
Fixtures &
Fittings
Motor Vehicles
Total
3,179,135
107,988
8,500
3,295,623
-
-
-
-
7,663
10,996
-
18,659
3,186,798
118,984
8,500
3,314,282
-
52,654
5,613
58,267
-
9,949
577
10,526
-
62,603
6,190
68,793
3,186,798
56,380
2,310
3,245,488
3,179,135
55,334
2,887
3,237,356
At 31 March 2022

10

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS

3. DEBTORS

Amounts falling due within one period:
Amounts falling due after more than one period:
Total		 2023
2022
£
£
-
-
-
-
-
-

4. CASH IN HAND AND AT BANK

Cash at Bank 1
Cash at Bank 1
Cash in Hand		 2023
£
23,792
730,631
18,528
772,951		 2022
£
11,853
636,606
5,846
654,305

5. CREDITORS

Amounts falling due within one year:
Interest Free Loans
Other Creditors:
PAYE
Accruals
Other creditors
Deferred Income		 2023
£
206,298
-
981
420
-
207,699		 2022
£
224,313
-
818
-
4,996
230,127

11

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS

6. PROVISION FOR LIABILITIES

Amounts falling due within one period:
7. INCOME
Donations & Gifts
Akth
Donations
Jummah
Masjid Boxes
Radio
Shop and House Boxes
Funeral Services
Other Income
Moktob Classes & Other Class Fees
Other Operating Income
Grant Income
Action Together
Worker’s Education
Total Income
8. FUND RAISING EXPENSES
2023
£
Live TV Appeal Charges
-
Travelling & Substance
-
Money Boxes
-		 Amounts falling due within one period:
7. INCOME
Donations & Gifts
Akth
Donations
Jummah
Masjid Boxes
Radio
Shop and House Boxes
Funeral Services
Other Income
Moktob Classes & Other Class Fees
Other Operating Income
Grant Income
Action Together
Worker’s Education
Total Income
8. FUND RAISING EXPENSES
2023
£
Live TV Appeal Charges
-
Travelling & Substance
-
Money Boxes
-		 This year
Last year
£
£
Nil
Nil
-
-
2023
2022
£
£
7,610
7,930
138,655
72,227
114,658
111,441
16,412
12,570
7,860
4920
8,337
10233
162,647
222,372
34,992
26,643
17,710
18,040
1,000
-
19,506
-
529,388
486,376
2023
£
2022
£
2022
£
-
-
-
-
-
-
-
--
-
-
-		 This year
Last year
£
£
Nil
Nil
-
-
2023
2022
£
£
7,610
7,930
138,655
72,227
114,658
111,441
16,412
12,570
7,860
4920
8,337
10233
162,647
222,372
34,992
26,643
17,710
18,040
1,000
-
19,506
-
529,388
486,376
2023
£
2022
£
2022
£
-
-
-
-
-
-
-
--
-
-
-		 This year
Last year
£
£
Nil
Nil
-
-
2023
2022
£
£
7,610
7,930
138,655
72,227
114,658
111,441
16,412
12,570
7,860
4920
8,337
10233
162,647
222,372
34,992
26,643
17,710
18,040
1,000
-
19,506
-
529,388
486,376
2023
£
2022
£
2022
£
-
-
-
-
-
-
-
--
-
-
-		 This year
Last year
£
£
Nil
Nil
-
-
2023
2022
£
£
7,610
7,930
138,655
72,227
114,658
111,441
16,412
12,570
7,860
4920
8,337
10233
162,647
222,372
34,992
26,643
17,710
18,040
1,000
-
19,506
-
529,388
486,376
2023
£
2022
£
2022
£
-
-
-
-
-
-
-
--
-
-
-
-
2022
£
-
-
--
-

12

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS

9. ADMINISTRATIVE EXPENSES
Accountancy Fees
App & Website Expenses
Bank Charges
Cemetery Fees
Charitable Donations
Cleaning
Equipment expensed
Funeral Service
Insurance
Just Giving
Legal & Professional Fees
Light and Heat
Materials for Masjid
Motor Expenses
Pensions
Repairs and Maintenance
Stationery and Printing
Sundry
Tax and PAYE
Telephone
Wages and Salaries
Water
WEA Expense
Depreciation:
F&F
Motor Vehicles		 2023
1,401
1,588
2161
186,938
14,057
1,018
689
2,749
9,649
216
16,693
16,473
4,353
-
1745
4,492
3,612
592
2,982
321
74,460
1,849
8,226
9,949
577
366,789		 2022
2,992
400
114
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

13

OLDHAM CENTRAL MASJID AND ISLAMIC CENTRE

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 NOTES TO THE ACCOUNTS

10. INTEREST FREE LOANS/ £ £
KARZ HASANA
Balance b/fwd 224,313 227,673
Interest Free Loans Increase 420 5,140
Less Repaid (18,435) (8,500)
206,298 224,313
11. CAPITAL EXPENDITURE
2023 2022
£ £
Miscellaneous - -
Motor Vehicles additions - additions
-
Land & Buildings additions 7,663 additions
38,357
Fixtures & Fittings additions 10,996 additions
580
18,659 38,937
12. Cost sales :
2023 2022
£ £
Direct Labour 2472 -
Purchase 10922 -
13,394 -

14