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2024-10-31-accounts

REGISTERED CHARITY NUMBER: 1137962

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 October 2024

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 2024

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 2024

The trustees present their report with the financial statements of the charity for the year ended 31 October 2024. 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:

  1. 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).

  2. To further Islamic education including the teaching of the Urdu and Arabic language.

  3. 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.

  4. 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.

Page 1

ZAKARIYYA MASJID

Report of the Trustees FOR THE YEAR ENDED 31 OCTOBER 2024

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:

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.

We are now in the process of constructing a new building on the Old England site - 315 Ribbleton Lane, Preston. We are actively fundraising for this and phase 1 of the project started in May 2024. Works for phase 1 are ongoing and expected to complete around October 2025. Thereafter, we will be fundraising for Phase 2 works. We plan to start Phase 2 works in 2026 and finish by the end of 2026.

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.

Page 2

ZAKARIYYA MASJID

Report of the Trustees FOR THE YEAR ENDED 31 OCTOBER 2024

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1137962

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 15 July 2025 and signed on its behalf by:

J M Ingar - Trustee

Page 3

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 2024.

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:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. 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

15 July 2025

Page 4

ZAKARIYYA MASJID

Statement of Financial Activities FOR THE YEAR ENDED 31 OCTOBER 2024

2024
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
37,918
EXPENDITURE ON
Charitable activities
3
Management and Administration
6,702
NET INCOME
31,216
RECONCILIATION OF FUNDS
Total funds brought forward
621,579
TOTAL FUNDS CARRIED FORWARD
652,795
2023
Total
funds
£
40,083
5,810
34,273
587,306
621,579

The notes form part of these financial statements

Page 5

ZAKARIYYA MASJID

Balance Sheet 31 OCTOBER 2024

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
2024
Unrestricted
fund
£
642,084
100
224,311
224,411
(600)
223,811
865,895
(213,100)
652,795
652,795
652,795
2023
Total
funds
£
534,231
182
367,136
367,318
(2,280)
365,038
899,269
(277,690)
621,579
621,579
621,579

The financial statements were approved by the Board of Trustees and authorised for issue on 15 July 2025 and were signed on its behalf by:

J M Ingar - Trustee

The notes form part of these financial statements

Page 6

ZAKARIYYA MASJID

Notes to the Financial Statements FOR THE YEAR ENDED 31 OCTOBER 2024

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

Gifts
Donations
2024
£
(737)
38,655
37,918
2023
£
(1)
40,084
40,083

continued...

Page 7

ZAKARIYYA MASJID

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 OCTOBER 2024

3. CHARITABLE ACTIVITIES COSTS

3. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 4) Totals
£ £ £
Management and Administration 5,661 1,041 6,702
4. SUPPORT COSTS
Governance
Management Finance costs Totals
£ £ £ £
Management and Administration 25 (284) 1,300 1,041

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 October 2024 nor for the year ended 31 October 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 October 2024 nor for the year ended 31 October 2023.

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 40,083
EXPENDITURE ON
Charitable activities
Management and Administration 5,810
NET INCOME 34,273
RECONCILIATION OF FUNDS
Total funds brought forward 587,306
TOTAL FUNDS CARRIED FORWARD 621,579

continued...

Page 8

ZAKARIYYA MASJID

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 OCTOBER 2024

7. TANGIBLE FIXED ASSETS

Improvements
Freehold
to
property
property
£
£
COST
At 1 November 2023
353,382
180,847
Additions
-
107,853
At 31 October 2024
353,382
288,700
DEPRECIATION
At 1 November 2023 and 31 October 2024
-
-
NET BOOK VALUE
At 31 October 2024
353,382
288,700
At 31 October 2023
353,382
180,847
8.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Accrued expenses
Computer
equipment
£
279
-
279
277
2
2
2024
£
-
100
100
2024
£
-
600
600
Totals
£
534,508
107,853
Totals
£
534,508
107,853
642,361
277
642,084
534,231
2023
£
85
97
182
2023
£
1,800
480
2,280

continued...

Page 9

ZAKARIYYA MASJID

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 OCTOBER 2024

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Other loans (see note 11) 213,100 277,690
11. LOANS
An analysis of the maturity of loans is given below:
2024 2023
£ £
Amounts falling due in more than five years:
Repayable otherwise than by instalments:
Long Term Loans 213,100 277,690
12. MOVEMENT IN FUNDS
Net
At movement At
1/11/23 in funds 31/10/24
£ £ £
Unrestricted funds
General fund 621,579 31,216 652,795
TOTAL FUNDS 621,579 31,216 652,795
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 37,918 (6,702) 31,216
TOTAL FUNDS 37,918 (6,702) 31,216
Comparatives for movement in funds
Net
At movement At
1/11/22 in funds 31/10/23
£ £ £
Unrestricted funds
General fund 587,306 34,273 621,579
TOTAL FUNDS 587,306 34,273 621,579

continued...

Page 10

ZAKARIYYA MASJID

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 OCTOBER 2024

12. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 40,083 (5,810) 34,273
TOTAL FUNDS 40,083 (5,810) 34,273

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
TOTAL FUNDS
At
1/11/22
£
587,306
587,306
Net
movement
in funds
£
65,489
65,489
At
31/10/24
£
652,795
652,795

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 78,001 (12,512) 65,489
TOTAL FUNDS 78,001 (12,512) 65,489

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 October 2024.

Page 11

ZAKARIYYA MASJID

Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 OCTOBER 2024

2024 2023
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Gifts (737) (1)
Donations 38,655 40,084
37,918 40,083
Total incoming resources 37,918 40,083
EXPENDITURE
Charitable activities
Rates and water 793 856
Insurance 405 292
Light and heat 4,016 3,045
Telephone 446 561
Computer equipment 1 1
5,661 4,755
Support costs
Management
Sundries 25 -
Finance
Bank charges (284) 575
Governance costs
Accountancy 1,200 480
Legal and professional fees 100 -
1,300 480
Total resources expended 6,702 5,810
Net income 31,216 34,273

This page does not form part of the statutory financial statements

Page 12