REGISTERED CHARITY NUMBER: 1138795
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
FOR
HANFI SUNNI MUSLIM CIRCLE - RAZA MASJID
SKM Chartered Accountants Pegasus House 5 Winckley Court Mount Street Preston Lancashire PR1 8BU
HANFI SUNNI MUSLIM CIRCLE - RAZA MASJID
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
HANFI SUNNI MUSLIM CIRCLE - RAZA MASJID
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2025
The trustees present their report with the financial statements of the charity for the year ended 31 January 2025. 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 objective of the trust as set out in the governing document is to promote the advancement of the religion of Islam.
Significant activities
The charity provides facilities for the public to conduct daily prayers, education, burial, marriage and other community functions.
Income received is from voluntary donations and investment income.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity provides a place of worship and education and training.
FINANCIAL REVIEW
Reserves policy
It is the policy of the charity to maintain unrestricted funds equivalent to 12 months expenditure to cover management and support costs.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1138795
Principal address
103-105 St Pauls Road Preston Lancashire PR1 1UH
Trustees
N Mohammed (resigned 20/12/24) W Younus A Dad (appointed 11/2/24) Z Zafar A Mahmood (appointed 20/3/24)
Independent Examiner
Shamim Mahomed SKM Chartered Accountants Pegasus House 5 Winckley Court Mount Street Preston Lancashire PR1 8BU
Page 1
HANFI SUNNI MUSLIM CIRCLE - RAZA MASJID
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2025
Approved by order of the board of trustees on 4 December 2025 and signed on its behalf by:
W Younus - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HANFI SUNNI MUSLIM CIRCLE - RAZA MASJID
Independent examiner's report to the trustees of Hanfi Sunni Muslim Circle - Raza Masjid
I report to the charity trustees on my examination of the accounts of Hanfi Sunni Muslim Circle - Raza Masjid (the Trust) for the year ended 31 January 2025.
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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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
4 December 2025
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HANFI SUNNI MUSLIM CIRCLE - RAZA MASJID
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Investment income 2 Total EXPENDITURE ON Raising funds Charitable activities Support costs Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2025 Unrestricted fund £ 119,262 18,300 137,562 (750) 123,480 122,730 14,832 1,555,975 1,570,807 |
2024 Total funds £ 85,564 16,000 |
|---|---|---|
| 101,564 | ||
| - 89,918 |
||
| 89,918 | ||
| 11,646 1,544,329 |
||
| 1,555,975 |
The notes form part of these financial statements
Page 4
HANFI SUNNI MUSLIM CIRCLE - RAZA MASJID
BALANCE SHEET 31 JANUARY 2025
| Notes FIXED ASSETS Tangible assets 6 CURRENT ASSETS Stocks 7 Debtors 8 Cash at bank and in hand CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted funds TOTAL FUNDS |
2025 Unrestricted fund £ 1,281,165 750 41,251 248,997 290,998 (1,356) 289,642 1,570,807 1,570,807 1,570,807 1,570,807 |
2024 Total funds £ 1,281,260 - 10,600 267,883 278,483 (3,768) 274,715 1,555,975 1,555,975 1,555,975 1,555,975 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 4 December 2025 and were signed on its behalf by:
W Younus - Trustee
The notes form part of these financial statements
Page 5
HANFI SUNNI MUSLIM CIRCLE - RAZA MASJID
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
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.
Fixtures and Fittings - 25% Reducing Balance Land and Buildings Freehold - Not Provided
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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continued...
HANFI SUNNI MUSLIM CIRCLE - RAZA MASJID
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2025
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Rents received | 18,300 | 16,000 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 January 2025 nor for the year ended 31 January 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 January 2025 nor for the year ended 31 January 2024.
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Average number of employees No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Total EXPENDITURE ON Charitable activities Support costs NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2025 - |
2024 1 Unrestricted fund £ 85,564 16,000 |
|---|---|---|
| 101,564 | ||
| 89,918 | ||
| 11,646 1,544,329 |
||
| 1,555,975 |
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
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HANFI SUNNI MUSLIM CIRCLE - RAZA MASJID
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2025
6. TANGIBLE FIXED ASSETS
| Freehold Long property leasehold £ £ COST At 1 February 2024 and 31 January 2025 1,060,000 220,880 DEPRECIATION At 1 February 2024 - - Charge for year - - At 31 January 2025 - - NET BOOK VALUE At 31 January 2025 1,060,000 220,880 At 31 January 2024 1,060,000 220,880 7. STOCKS Stocks 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Prepayments 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Taxation and social security Other creditors 10. MOVEMENT IN FUNDS At 1/2/24 £ Unrestricted funds General fund 1,555,975 TOTAL FUNDS 1,555,975 |
||
|---|---|---|
continued...
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HANFI SUNNI MUSLIM CIRCLE - RAZA MASJID
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2025
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 137,562 137,562 |
Resources Movement expended in funds £ £ (122,730) 14,832 (122,730) 14,832 |
Resources Movement expended in funds £ £ (122,730) 14,832 (122,730) 14,832 |
|---|---|---|---|
| 14,832 |
Comparatives for movement in funds
| Unrestricted funds General fund TOTAL FUNDS |
At 1/2/23 £ 1,544,329 1,544,329 |
Net movement in funds £ 11,646 11,646 |
At 31/1/24 £ 1,555,975 |
|---|---|---|---|
| 1,555,975 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 101,564 101,564 |
Resources Movement expended in funds £ £ (89,918) 11,646 (89,918) 11,646 |
Resources Movement expended in funds £ £ (89,918) 11,646 (89,918) 11,646 |
|---|---|---|---|
| 11,646 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1/2/23 £ 1,544,329 1,544,329 |
Net movement in funds £ 26,478 26,478 |
At 31/1/25 £ 1,570,807 |
|---|---|---|---|
| 1,570,807 |
continued...
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HANFI SUNNI MUSLIM CIRCLE - RAZA MASJID
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2025
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 239,126 239,126 |
Resources Movement expended in funds £ £ (212,648) 26,478 (212,648) 26,478 |
|---|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 January 2025.
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HANFI SUNNI MUSLIM CIRCLE - RAZA MASJID
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2025
| INCOME AND ENDOWMENTS Donations and legacies Gifts Donations Gift aid Investment income Rents received Total incoming resources EXPENDITURE Other trading activities Closing stock Charitable activities Funeral service Support costs Management Wages Pensions Educational Resources Rent, Rates and water Insurance Light and heat Telephone Postage and stationery Sundries Repairs and Maintenance Legal & Professional Fixtures and fittings Finance Bank charges Human resources Software licences Governance costs Accountancy and legal fees Total resources expended Net income |
2025 £ (1) 88,611 30,652 119,262 18,300 137,562 (750) 3,177 50,974 505 1,506 6,398 3,743 16,256 844 239 1,056 33,172 3,122 95 117,910 230 75 2,088 122,730 14,832 |
2024 £ 1 85,563 - |
|---|---|---|
| 85,564 16,000 |
||
| 101,564 - - 41,319 349 - 6,387 3,728 17,235 652 433 5,524 12,456 112 127 |
||
| 88,322 108 - 1,488 |
||
| 89,918 | ||
| 11,646 |
This page does not form part of the statutory financial statements
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