REGISTERED CHARITY NUMBER: 1137962
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 October 2022
for
ZAKARIYYA MASJID
SKM Chartered Accountants Pegasus House 5 Winckley Court Mount Street Preston Lancashire PR1 8BU
ZAKARIYYA MASJID
Contents of the Financial Statements FOR THE YEAR ENDED 31 OCTOBER 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 11 |
| Detailed Statement of Financial Activities | 12 |
ZAKARIYYA MASJID
Report of the Trustees FOR THE YEAR ENDED 31 OCTOBER 2022
The trustees present their report with the financial statements of the charity for the year ended 31 October 2022. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the trust as set out in the governing document are to:
-
To advance the Islamic religion in accordance with the teachings of the Qur'an and the teachings of the Prophet Muhammad (Peace be upon Him) and the Sahabah-E-Keraam (May Allah be Pleased with Them) according to the interpretation and accepted view of the Ahlus Sunnah Wal Jamaa-ah and as expounded by the Salafus Saaliheen (Pious Predecessors).
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To further Islamic education including the teaching of the Urdu and Arabic language.
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To help educate young Muslims so as to develop their spiritual, moral, physical, mental and ethical capacities that they may grow to full maturity as individuals and members of society.
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To assist in the provision of other charitable services.
Strategies
We want to make our Mosque an accessible and welcoming venue where all Muslims, or those who wish to know more about our faith, can gather together to learn about their religion and worship. The Mosque is open at all times with daily prayers, the Friday prayers being a focus of our activities.
An important part of our strategy is community welfare and education. All our community facilities and activities including classes, health initiatives and seminars are advertised and we welcome the participation of all in our local community, Muslim and non-Muslim alike. Most of our activities are free and supported by donations.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity's main objective is to provide a place of worship, and to promote Islamic education and training.
The charity provides facilities for the public to conduct daily prayers, and continually strives to improve on this through the support and donations received by those individuals that use the facilities.
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ZAKARIYYA MASJID
Report of the Trustees FOR THE YEAR ENDED 31 OCTOBER 2022
ACHIEVEMENT AND PERFORMANCE
Achievements and Performance
How our activities deliver public benefit
The charity carries out a wide range of activities in pursuance of its charitable aims. The trustees consider that these activities, summarised below, provide benefit to those who worship at our place of worship.
Religious Activities
Our Mosque provides a centre for our prayers and worship and for the activities associated with our faith. During the year under review, we offered a range of religious services and activities including:
Prayers: The place of worship within the charities building is open for all daily and Friday prayers. During the week we have over 20 people who regularly attend daily prayers and over 200 who regularly attend Friday prayer.
Festivals: The charity provides facilities in terms of sermon, literature and place of worship on those special occasions. Funeral Facilities: The charity provides a complete funeral service in line with the teachings of Islam. We relieve the deceased's bereaved relatives of the burden of organising burials. We also hold special classes to teach people how to proceed with Islami c burial procedures.
Civil Marriage and Nikkah: The Mosque provides Muslim couples with an appropriate location for their both civil marriage and Nikkah (Islam ic marriage).
Hifz Classes: Memorisation of the Quran is considered an important element of religious education and training. We continue to provide this facility for the all young people in the charities buildings.
Evening classes: Classes are offered to children to learn about the basic fundamental of Islam.
Islamic Awareness: This year we have launched a series of lectures, open to all, to promote Islamic knowledge and awareness.
Inter-faith Dialogue: The charity is an active member of the Faith Communities Forum for the Local area. We use this platform to promote i nter-faith dialogue and social cohesion.
Community Activities
Currently we are undertaking the following activities:
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Seminars - organised periodically on various educational topics.
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Courses - short courses are held to take an in depth look at topics covered in seminars.
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Evening School - for children aged 5-12 years old, teaching basic Islamic Studies.
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Consultancy - offering advice to local schools and service providers.
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Library - well stocked library for research and for community use.
FINANCIAL REVIEW
Reserves policy
It is the policy of the charity to maintain unrestricted funds at a level which equate to approximately 12 months unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs.
FUTURE PLANS
We plan to consolidate our current success and make our services available to a wider range of people. We also plan to look into further projects which will help us to fulfil our aims and objectives.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Zakariyya Masjid is a registered UK Charity constituted on 1 November under charity number 1137962. It is an unincorporated charity. The governing document is a Trust Deed.
Recruitment and appointment of new trustees
The trustees have the power to appoint any person to be a trustee in accordance with the provisions of the Trust Deed. An appointed trustee holds office within the limits permitted by law.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1137962
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ZAKARIYYA MASJID
Report of the Trustees FOR THE YEAR ENDED 31 OCTOBER 2022
Principal address
59 Ribbleton Avenue Preston Lancashire PR1 5RX
Trustees
S Umar J M Ingar S Ahmed E Desai
Independent Examiner
SKM Chartered Accountants Pegasus House 5 Winckley Court Mount Street Preston Lancashire PR1 8BU
Approved by order of the board of trustees on 22 June 2023 and signed on its behalf by:
J M Ingar - Trustee
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Independent Examiner's Report to the Trustees of Zakariyya Masjid
Independent examiner's report to the trustees of Zakariyya Masjid
I report to the charity trustees on my examination of the accounts of Zakariyya Masjid (the Trust) for the year ended 31 October 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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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.
Shamim Mahomed
SKM Chartered Accountants Pegasus House 5 Winckley Court Mount Street Preston Lancashire PR1 8BU
22 June 2023
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ZAKARIYYA MASJID
Statement of Financial Activities FOR THE YEAR ENDED 31 OCTOBER 2022
| 2022 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 75,375 EXPENDITURE ON Charitable activities 3 Management and Administration 5,553 NET INCOME 69,822 RECONCILIATION OF FUNDS Total funds brought forward 517,484 TOTAL FUNDS CARRIED FORWARD 587,306 |
2021 Total funds £ 110,460 |
|---|---|
| 4,056 | |
| 106,404 411,080 |
|
| 517,484 |
The notes form part of these financial statements
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ZAKARIYYA MASJID
Balance Sheet 31 OCTOBER 2022
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank and in hand CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 10 NET ASSETS FUNDS 12 Unrestricted funds TOTAL FUNDS |
2022 Unrestricted fund £ 531,282 418 347,075 347,493 (2,279) 345,214 876,496 (289,190) 587,306 587,306 587,306 |
2021 Total funds £ 522,030 734 310,390 311,124 (480) 310,644 832,674 (315,190) 517,484 517,484 517,484 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 22 June 2023 and were signed on its behalf by:
J M Ingar - Trustee
The notes form part of these financial statements
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ZAKARIYYA MASJID
Notes to the Financial Statements FOR THE YEAR ENDED 31 OCTOBER 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared 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' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Freehold property | - not provided |
|---|---|
| Improvements to property | - not provided |
| Computer equipment | - 33% on reducing balance |
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| Gifts Donations |
2022 £ 1 75,374 75,375 |
2021 £ - 110,460 |
| 110,460 |
continued...
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ZAKARIYYA MASJID
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 OCTOBER 2022
3. CHARITABLE ACTIVITIES COSTS
4.
| CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|
| Support | |||
| Direct | costs (see | ||
| Costs | note 4) | Totals | |
| £ | £ | £ | |
| Management and Administration | 4,783 | 770 | 5,553 |
| SUPPORT COSTS | |||
| Governance | |||
| costs | |||
| £ | |||
| Management and Administration | 770 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 October 2022 nor for the year ended 31 October 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 October 2022 nor for the year ended 31 October 2021.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 110,460 |
| EXPENDITURE ON | |
| Charitable activities | |
| Management and Administration | 4,056 |
| NET INCOME | 106,404 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 411,080 |
| TOTAL FUNDS CARRIED FORWARD | 517,484 |
continued...
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ZAKARIYYA MASJID
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 OCTOBER 2022
7. TANGIBLE FIXED ASSETS
| Improvements Freehold to property property £ £ COST At 1 November 2021 353,382 168,643 Additions - 9,254 At 31 October 2022 353,382 177,897 DEPRECIATION At 1 November 2021 - - Charge for year - - At 31 October 2022 - - NET BOOK VALUE At 31 October 2022 353,382 177,897 At 31 October 2021 353,382 168,643 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Accrued expenses |
Computer equipment £ 279 - 279 274 2 276 3 5 2022 £ 418 2022 £ 1,799 480 2,279 |
Totals £ 522,304 9,254 |
Totals £ 522,304 9,254 |
|---|---|---|---|
| 531,558 | |||
| 274 2 |
|||
| 276 | |||
| 531,282 | |||
| 522,030 | |||
| 2021 £ 734 |
|||
| 2021 £ - 480 |
|||
| 480 |
continued...
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ZAKARIYYA MASJID
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 OCTOBER 2022
10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
| Other loans (see note 11) 11. LOANS An analysis of the maturity of loans is given below: Amounts falling due in more than five years: Repayable otherwise than by instalments: Long Term Loans 12. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS |
At 1/11/21 £ 517,484 517,484 Incoming resources £ 75,375 75,375 At 1/11/20 £ 411,080 411,080 |
2022 2021 £ £ 289,190 315,190 2022 2021 £ £ 289,190 315,190 Net movement At in funds 31/10/22 £ £ 69,822 587,306 69,822 587,306 Resources Movement expended in funds £ £ (5,553) 69,822 (5,553) 69,822 Net movement At in funds 31/10/21 £ £ 106,404 517,484 106,404 517,484 |
|---|---|---|
continued...
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ZAKARIYYA MASJID
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 OCTOBER 2022
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 110,460 TOTAL FUNDS 110,460 A current year 12 months and prior year 12 months combined position is as follows: At 1/11/20 £ Unrestricted funds General fund 411,080 TOTAL FUNDS 411,080 |
Resources Movement expended in funds £ £ (4,056) 106,404 (4,056) 106,404 Net movement At in funds 31/10/22 £ £ 176,226 587,306 176,226 587,306 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 185,835 | (9,609) | 176,226 |
| TOTAL FUNDS | 185,835 | (9,609) | 176,226 |
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 October 2022.
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ZAKARIYYA MASJID
Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 OCTOBER 2022
| INCOME AND ENDOWMENTS Donations and legacies Gifts Donations Total incoming resources EXPENDITURE Charitable activities Rates and water Insurance Light and heat Telephone Repairs and Maintenance Purchases Computer equipment Support costs Finance Bank charges Governance costs Accountancy Legal and professional fees Total resources expended Net income |
2022 £ 1 75,374 75,375 75,375 457 373 3,457 424 70 - 2 4,783 - 480 290 770 5,553 69,822 |
2021 £ - 110,460 |
|---|---|---|
| 110,460 | ||
| 110,460 412 355 1,422 412 210 694 3 |
||
| 3,508 68 480 - |
||
| 480 | ||
| 4,056 | ||
| 106,404 |
This page does not form part of the statutory financial statements
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