Registered number: 07201227 Charity number: 01137153
THE MADINA MOSQUE & ISLAMIC CENTRE
ANNUAL REPORT AND UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
Prepared By:
Xpert Accountants Ltd Chartered Certified Accountants 671 Manchester Road Manchester M34 2NA
THE MADINA MOSQUE & ISLAMIC CENTRE
ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS
Page Company information 2 Trustees' report 3-5 Accountants' report 6 Statement of financial activities 7 Statement of financial position 7
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THE MADINA MOSQUE AND ISLAMIC CENTRE COPPICE (OLDHAM) LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES
Shakil Ahmed Mohammed Yasin Zaffer Hussain Amar Riaz Mohammed Yasin Mohammed Hanif
REGISTEREO OFFICE
6 Clydesdale Street Oldham Lancashire OL8 1BT
COMPANY NUMBER
07201227
CHARITY NUMBER
1137153
ACCOUNTANTS
Xpert Accountants Ltd Chartered Certified Accountants 671 Manchester Road Manchester M34 2NA
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Madina Mosque & Islamic Centre, Clydesdale Street, Oldham, England, OL8 1BT
TRUSTEES' REPORT
Introduction
The Trustees of The Madina Mosque & Islamic Centre Ltd present their annual report together with the unaudited financial statements for the year ended 31 March 2024. This report provides an overview of the charity’s mission, activities, achievements, governance, and financial performance during the year.
Objectives and Activities
The charity’s principal objectives are:
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To provide a place of worship and religious education for the Muslim community.
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To offer social, educational, and welfare support services.
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To facilitate charitable and humanitarian activities, including funeral services and disaster relief efforts.
Key Activities During the Year
The charity has actively worked towards fulfilling its mission by undertaking a range of religious, educational, and community initiatives.
Religious Services
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Daily Prayers & Congregational Services : The mosque remained open throughout the year, offering daily prayers with an average attendance of 200 people per prayer, increasing to 1,000 attendees on Fridays.
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Ramadan Services : The mosque hosted special Taraweeh prayers, daily Iftar meals, and fundraising campaigns to support charitable projects.
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Eid Celebrations : Eid prayers were held across multiple sessions to accommodate the large congregation, with approximately 7,000 attendees in total.
Educational Services
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Evening Madrasah : The mosque continued to provide religious education to children aged 6-18, with structured classes focusing on Quranic studies, Islamic ethics, and Arabic language learning.
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Workshops & Seminars : Special educational sessions on religious, social, and financial literacy topics were conducted to empower the community.
Community Support & Welfare Services
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Funeral Services : The mosque provided essential support to bereaved families, including Janazah prayer arrangements and bereavement counseling.
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Charitable Support : Several fundraising efforts were held to assist local and international humanitarian causes, including food distributions and financial aid for the needy.
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Youth & Women’s Programs : Dedicated programs were organized to support youth development and women’s engagement within the community.
Property & Infrastructure Development
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Building Maintenance & Upgrades : The mosque continued to develop and maintain its premises to ensure a safe and welcoming environment for worshippers and visitors.
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Future Expansion Plans : Plans for expanding educational and community facilities have been drafted, with feasibility studies underway.
Structure, Governance, and Management
The Madina Mosque & Islamic Centre Ltd is a registered charity and a company limited by guarantee. The Board of Trustees is responsible for overseeing the governance and strategic direction of the charity. Trustees ensure that all activities align with the charity’s objectives and that financial resources are used responsibly.
Trustees in Office During the Year
The following individuals served as Trustees during the year:
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Shakil Ahmed
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Mohammed Tanveer
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Zaffer Hussain
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Amar Riaz
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Mohammed Yasin
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Mohammed Hanif
Governance & Risk Management
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The charity operates under a governance framework that complies with the Charity Commission’s regulations.
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Regular meetings are held to review financial performance, risk assessments, and operational strategies.
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The charity has implemented policies on safeguarding, data protection, and financial management to ensure compliance with best practices.
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Financial Overview
The financial statements demonstrate the charity’s continued financial stability. Key highlights include:
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Total Income: £294,349
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Total Expenses: £139,334
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Net Surplus: £140,836
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Total Net Assets: £2,104,199
This strong financial position enables the charity to sustain its ongoing activities and plan future projects effectively.
Future Plans
Looking ahead, The Madina Mosque & Islamic Centre Ltd aims to:
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Expand its educational programs to reach more children and adults.
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Enhance its welfare services, particularly for low-income families and vulnerable individuals.
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Develop additional facilities to accommodate the growing needs of the community.
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Strengthen partnerships with local and international charitable organizations.
This report was approved by the Board of Trustees on 20 December 2024 and signed on their behalf by:
Shakil Ahmed
(Trustee & Chairman)
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INDEPENDENT EXAMINER'S REPORT Report to the Trustees of The Madina Mosque & Islamic Centre Ltd
We have examined the financial records and statements for The Madina Mosque & Islamic Centre Ltd for the year ended 31 March 2024. The examination was conducted in accordance with the Charity Commission’s guidance for independent examiners.
Responsibilities and Basis of Report
The Trustees are responsible for keeping proper accounting records and preparing financial statements that give a true and fair view of the charity’s financial position. Our responsibility is to examine these records and provide an independent assessment.
Findings
Based on our review:
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The accounts have been prepared in accordance with applicable accounting standards.
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No material issues have been identified that would require further attention.
Signed on behalf of:
Xpert Accountants Ltd 671 Manchester Road Denton, Manchester, M34 2NA
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FINANCIAL STATEMENTS
Income Statement for the Year Ended 31 March 2024
| Description | 2024(£) | 2023(£) |
|---|---|---|
| Total Income | 294,349 | 243,222 |
| Less: Expenses | (139,334) | (123,816) |
| Operating Profit | 132,446 | 96,888 |
| Investment Income | 8,390 | - |
| Net Surplus | 140,836 | 96,888 |
Statement of Financial Position as at 31 March 2024
| Assets | 2024(£) | 2023(£) |
|---|---|---|
| Fixed Assets | 1,300,665 | 1,301,351 |
| Current Assets | 803,534 | 662,834 |
| Total Assets | 2,104,199 | 1,963,363 |
| Less: Liabilities | 0 | (822) |
| Net Assets | 2,104,199 | 1,963,363 |
Notes to the Accounts
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Accounting Policies : The financial statements have been prepared in accordance with UK Generally Accepted Accounting Practice (UK GAAP) and FRS 102 Section 1A.
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Fixed Assets : The charity holds tangible fixed assets, including land, buildings, and fixtures.
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Reserves Policy : The charity maintains sufficient reserves to ensure operational sustainability.
These accounts were approved by the Board on 20 December 2024 and signed on its behalf by:
Shakil Ahmed (Trustee & Chairman)
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