2023-03-31-accounts - The Madina Mosque & Islamic Centre Ltd

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CHARITY REGISTERED NUMBER: 1137153 ENGLAND AND WALES

THE MADINA MOSQUE & ISLAMIC CENTRE LTD REPORTS OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

THE MADINA MOSQUE & ISLAMIC CENTRE LTD CONTENTS OF FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

	PAGE
CHARITY INFORMATION	2
TRUSTEES’ REPORT	3, 4
STATEMENT OF TRUSTEES’ RESPOSIBILITIES	5
INDEPENDENT EXAMINER’S REPORT	6
STATEMENT OF FINANCIAL ACTIVITIES	7
BALANCE SHEET	8
NOTES TO THE ACCOUNTS	9, 10, 11

THE MADINA MOSQUE & ISLAMIC CENTRE LTD CHARITY INFORMATION FOR THE YEAR ENDED 31 MARCH 2023

TRUSTEES: MR SHAKIL AHMED MR ZAFFER HUSSAIN MR AMAR RIAZ MOHAMMED TANVEER MR MOHAMMAD YASIN REGISTERED OFFICE 6 CLYDESDALE STREET OLDHAM OL8 1BT CENTRE ADDRESS 6 CLYDESDALE STREET OLDHAM OL8 1BT CHARITY NUMBER 1137153 BANKERS LLOYDS BANK 16 Market Place Oldham LANCASHIRE OL1 1JG

THE MADINA MOSQUE & ISLAMIC CENTRE LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

The trustees present their report for the year ended 31 March 2023.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity was formed on 3rd April 2006 by the trustees and registered with the charity Commission on 1st June 2006.

The Trustees have assessed the major risks to which charity is exposed, in particular those relating to the operations and finances of the charity, and believe effective insurance, checks, controls and procedures are in place to mitigate those risks.

The Trustees meet regularly to attend legal and administrative affairs of the Charity, to review and set policy and to establish long term strategies for the charity.

The trustees hold the powers of appointing and removing trustees.

OBJECTIVES AND ACTIVITIES

The Charity’s primary activity was operating a local community mosque, main objectives are:

A) Establishing a centre for religious observance, social welfare and cultural needs of muslims.
B) To establish a muslim school for students struggling at state schools.

C) To establish a muslim funeral service

The trustees have paid due care to guidance issued by the Charity Commission’s general guidance regarding public benefit and are satisfied that the charity’s objectives and principal activities are for the public benefit.

The charity plans to continue and expand the activities outlined above in the forthcoming years.

THE MADINA MOSQUE & ISLAMIC CENTRE LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

Evening Madrasah

TMMIC has state of art provided educational system which prepares today's children for life tomorrow and had the opportunity to build a close understanding and interesting making sure our community can provide a learning experience to young Muslims that is relevant and rateable for the world we live in and values of the family, community spirit and social responsibility and with interfaith communities, we continue on our road map to enhance these services so that we can build a relationship with our wider community so that they can also understand that Islam is a religion of Peace and all are welcome.

Financial Review

Last year

The trustees actively review the major risk the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks faced by the Charity and confirms that they have established systems to mitigate the significant risks.

Future Plan:

TMM&IC has been actively involved in preparing for the upgrade and renovation of the males' side Toilet facilities. Thinking about the needs for the future and the increase in population, adaptations have been made to reflect this as well. Good quality and durable commercial products will be used for sustainability and a fresh new clean look and feel. Phase two of the project will look at increasing the floor place by the way of an extension which is currently being discussed with the architect.

THE MADINA MOSQUE & ISLAMIC CENTRE LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

RESPONSIBILITIES OF TRUSTEES

The Trustee are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its surplus and deficit for that period, in preparing those accounts, the Trustees are required to:

Select suitable accounting policies and then apply them consistently;
Make judgments and estimates that are reasonable and prudent;
State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that this basis applies.

The Trustees are responsible for ensuring proper accounting records are maintained which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees may, in respect of any accounting year, elect under s133 charities Act 2011 to prepare – (a) a receipts and payments account, and (b) a statement of assets and liabilities, instead of a statement of accounts under section 132 (1) Charities Act 2011 if gross income in any financial year does not exceed £250,000.

The Trustees have confirmed that an independent examination is required under section 145 Charities Act 2011

DECLARATION

The Trustees declare that they have approved the Trustees’ report above.

............................................................. Signed: Mr Shakil Ahmed Date: 31 March 2024

…........................................................ Chairperson & Trustee

THE MADINA MOSQUE & ISLAMIC CENTRE LTD INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

I report on the accounts of the charity for the year ended 31 March 2023 which are set out on pages 7 to 11.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity’s Trustees are responsible for the preparation of the accounts.

The charity’s Trustees consider that audit is not required for the period under section 144 of the Charities Act 2011 and that independent examination is needed.

It is my responsibility to:

Examine the accounts under section 145 of the Charities Act;
To follow the procedures laid down in the General Direction 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.
To state whether particular matters have come to my attention.

BASIS OF INDEPENDENT EXAMINER’S STATEMENT

My examination was carried out in accordance with 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 explanation from the 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

In connection with my examination, no matter has come to my attention

Which gives me reasonable cause to believe that in, any material respect, the requirements:
To keep accounting records in accordance with section 130 of the Charities Act; and
To prepare accounts which accord with the accounting records and comply with the
accounting requirements of the Charities Act Have not been met; or
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

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