**REGISTERED CHARITY NUMBER: 1140179**
## **TRUSTEES' REPORT AND**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022**
## **FOR**
## **AS-SALAM TRUST**
Watergates Ltd 109 Coleman Road Leicester LE5 4LE
**AS-SALAM TRUST**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022**
**----- Start of picture text -----**
Page
Trustees' Report 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Statement of Financial Position 6
Notes to the Financial Statements 7 to 12
**----- End of picture text -----**
**AS-SALAM TRUST**
**TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022**
The trustees present their report with the financial statements of the charity for the year ended 31st December 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 charity's primary objectives are centred around promoting the teachings and principles of Islam in line with the Ahlus-sunnah Wal Jamaa-ah school of thought. This involves providing facilities for worship and Islamic education.
Additionally, the charity strives to offer community learning programs through language and citizenship classes, advice sessions through various organisations such as Citizens advice, Utility advice, money & financial management advisors, seminars, and functions, contributing to the advancement of public education.
Another crucial objective is to extend assistance to alleviate food poverty in both the local and wider community.
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**AS-SALAM TRUST**
**TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The dedicated efforts of trustees and volunteers have significantly elevated the Charity's profile and garnered increased support for its community contributions and attendees of the prayer facilities which have been expanded to a second site for Friday prayers (Jumma) and evening prayers over Ramadhan (Taraweeh).
The Charity has persisted in providing essential food parcels every Wednesday throughout the year.
Visits to senior citizens and vulnerable individuals increased, with the distribution of free hampers, fostering friendly conversations and providing both essentials and treats. Collaborations with businesses and charities facilitated the distribution of warm clothing items to those in need, especially the elderly struggling during colder months.
The Peace Centre FoodBank played a pivotal role in these endeavours, distributing a remarkable total of 1817 multiple sized food parcels, equating to over 119400 meals. These parcels reached families in need, pensioners, single individuals, couples, and those in urgent situations throughout Leicestershire. The impact of the cost of living crisis has led more individuals and families to rely on the FoodBank for sustenance. Loss of jobs has also had a serious impact on many people.
Partnerships with volunteers enabled the weekly hand delivery of food parcels to the most vulnerable and elderly residents. The continuous generosity of the general public, businesses, and charities, reflected in increased general donations, has been instrumental in sustaining charitable activities.
Negotiations with the Leicester City Council are still underway to obtain permission for essential improvements and renovations to the Peace Centre site, used since 2013. These enhancements aim to better facilitate charitable activities and expand the Centre's capacity to support the community. We have made significant changes to the lighting within the building and externally too, to make the building more energy-efficient, aligning with the charity's vision for a greener environment.
While facing restrictions, the charity regretfully could not host the annual community event. However, educational initiatives persisted with daily, weekly, and occasional classes, courses, seminars, and online lessons addressing the diverse needs of the community.
The Autism Community Club continues to operate successfully at the Peace Centre, benefiting not only local residents but also attracting families from other areas. This has been a great way to get people with children who are on the spectrum. We have also facilitated for children and their families of all backgrounds, faith and no faith, who are affected by various disabilities.
As-Salaam Trust has incorporated the children's evening islamic classes that were already being run at the centre by another group, now providing the service in house.
As with all charities, As-Salaam Trust relies on financial support to provide essential community services, many of which are offered free of charge. The commendable work of the Peace Centre FoodBank is recognised by the local community & from much further afield too, prompting generous contributions of time, and donations to meet the escalating demand for food in Leicestershire. The charity also utilizes various online donation platforms to facilitate contributions from individuals outside Leicester, making it more accessible for distant supporters to donate and support the cause.
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**AS-SALAM TRUST**
**TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022**
## **FINANCIAL REVIEW**
## **Reserves policy**
## **Unrestricted General Reserves**
The charity continues to raise sufficient free funds to cover ongoing projects keeping a small surplus to extend activities when required with minimal or no charge to the recipients. We continue to raise funds which will be utilised for the refurbishment of the premises once a reliable building contractor has been arranged however small renovations are being implemented as required.
## **Restricted Reserves (Property Fund)**
Funds in the past years have been raised for the purchase of a property, although the charity has procured a long lease property, it will continue to hold funds should an opportunity arise in the future to purchase the leasehold or extend charitable activities at another site.
## **Restricted Reserves (Refurbishment Fund)**
Funds have been raised for the refurbishment of current leasehold premisses to get them modernised.
## **Restricted Reserves (FoodBank Fund)**
Donations are received specifically for the FoodBank activities surpluses are carried forward to following periods to meet the regular planned quotas.
## **FUTURE PLANS**
We aim to continue with providing the current & additional services for the benefit of the community. Our volunteer database is growing & this will enable us to grow as a charity to benefit the community at large.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The As-Salaam Trust is an unincorporated Charity, with a trust deed adopted on 20/12/2010 and registered with the Charity Commissioners under charity number 1140179 on 02/02/2011.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1140179
## **Principal address**
The Peace Centre Thurncourt Road Leicester LE5 2NG
## **Trustees**
Mr G M Lockhat Mrs A Lockhat Mr A Ravat Mr M I Nawab
## **Independent Examiner**
Watergates Ltd 109 Coleman Road Leicester LE5 4LE
Approved by order of the board of trustees on 24th November 2023 and signed on its behalf by:
Mr G M Lockhat - Trustee
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**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AS-SALAM TRUST**
## **Independent examiner's report to the trustees of As-Salam Trust**
I report to the charity trustees on my examination of the accounts of As-Salam Trust (the Trust) for the year ended 31st December 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:
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.
Nazir Malida
Watergates Ltd 109 Coleman Road Leicester LE5 4LE
24th November 2023
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**AS-SALAM TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2022**
|**31/12/22**
**Unrestricted**
**Restricted**
**Total**
**fund**
**funds**
**funds**
**Notes**
**£**
**£**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**104,034**
**27,331**
**131,365**
**Charitable activities**
Religious facilities and social projects
**-**
**21,852**
**21,852**
Other trading activities
2
**54,012**
**-**
**54,012**
Investment income
3
**-**
**103**
**103**
**Total**
**158,046**
**49,286**
**207,332**
**EXPENDITURE ON**
**Charitable activities**
Religious facilities and social projects
**161,606**
**46,977**
**208,583**
**NET INCOME/(EXPENDITURE)**
**(3,560)**
**2,309**
**(1,251)**
**Transfers between funds**
11
**(7,200)**
**7,200**
**-**
**Net movement in funds**
**(10,760)**
**9,509**
**(1,251)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**112,062**
**152,706**
**264,768**
**TOTAL FUNDS CARRIED FORWARD**
**101,302**
**162,215**
**263,517**|**31/12/21**
**Total**
**funds**
**£**
120,203
2,297
2,412
4
124,916
109,585
15,331
-
15,331
249,437
264,768|
|---|---|
The notes on page 0 form part of these financial statements
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## **AS-SALAM TRUST**
## **STATEMENT OF FINANCIAL POSITION 31ST DECEMBER 2022**
|**Unrestricted**
**fund**
**Notes**
**£**
**FIXED ASSETS**
Tangible assets
7
**1,223**
**CURRENT ASSETS**
Debtors
8
**6,178**
Cash at bank and in hand
**97,732**
**103,910**
**CREDITORS**
Amounts falling due within one year
9
**(3,831)**
**NET CURRENT ASSETS**
**100,079**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**101,302**
**ACCRUALS AND DEFERRED INCOME**
10
**-**
**NET ASSETS**
**101,302**
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**Restricted**
**funds**
**£**
**24,038**
**8,700**
**137,586**
**146,286**
**-**
**146,286**
**170,324**
**(8,109)**
**162,215**|**31/12/22**
**Total**
**funds**
**£**
**25,261**
**14,878**
**235,318**
**250,196**
**(3,831)**
**246,365**
**271,626**
**(8,109)**
**263,517**
**101,302**
**162,215**
**263,517**|**31/12/21**
**Total**
**funds**
**£**
31,466
11,421
234,686
246,107
(3,344)
242,763
274,229
(9,461)
264,768
112,062
152,706
264,768|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 24th November 2023 and were signed on its behalf by:
Mr G M Lockhat - Trustee
The notes on page 0 form part of these financial statements
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**AS-SALAM TRUST**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 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.
Long leasehold - 10% on cost Fixtures and fittings - 15% on cost Motor vehicles - 20% on cost
## **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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**AS-SALAM TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022**
## **2. OTHER TRADING ACTIVITIES**
|Shop income
Madrasah fees|**31/12/22**
**31/12/21**
**£**
**£**
**150**
2,412
**53,862**
-|
|---|---|
||**54,012**
2,412|
|**INVESTMENT INCOME**
Deposit account interest|**31/12/22**
**31/12/21**
**£**
**£**
**103**
4|
## **3. INVESTMENT INCOME**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st December 2022 nor for the year ended 31st December 2021.
Included within wages costs is £26,593 (2021: £24,000) and £12,442 (2021: Nil) which relate to wages paid to Mr G M Lockhat and Mrs A Lockhat who are trustees of the charity, for their services in the management of the centre and teaching services.
## **TRUSTEES' EXPENSES**
There were no trustees' expenses paid for the year ended 31st December 2022 nor for the year ended 31st December 2021.
## **5. STAFF COSTS**
The average monthly number of employees during the year was as follows:
## **6.**
|Project worker||**31/12/22**
**14**|**31/12/21**
7|
|---|---|---|---|
|No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Religious facilities and social projects
Other trading activities
Investment income|**ACTIVITIES**
**Unrestricted**
**fund**
**£**
97,274
945
2,412
-|**Restricted**
**funds**
**£**
22,929
1,352
-
4|**Total**
**funds**
**£**
120,203
2,297
2,412
4|
|**Total**|100,631|24,285|124,916|
## **EXPENDITURE ON**
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**AS-SALAM TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022**
**----- Start of picture text -----**
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund funds funds
£ £ £
Charitable activities
Religious facilities and social projects 93,737 15,848 109,585
NET INCOME 6,894 8,437 15,331
RECONCILIATION OF FUNDS
Total funds brought forward 105,168 144,269 249,437
TOTAL FUNDS CARRIED FORWARD 112,062 152,706 264,768
7. TANGIBLE FIXED ASSETS
Fixtures
Long and Motor
leasehold fittings vehicles Totals
£ £ £ £
COST
At 1st January 2022 and
31st December 2022 39,958 5,600 9,000 54,558
DEPRECIATION
At 1st January 2022 17,324 3,968 1,800 23,092
Charge for year 3,996 409 1,800 6,205
At 31st December 2022 21,320 4,377 3,600 29,297
NET BOOK VALUE
At 31st December 2022 18,638 1,223 5,400 25,261
At 31st December 2021 22,634 1,632 7,200 31,466
8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/22 31/12/21
£ £
Trade debtors 5,424 -
Other debtors 9,454 10,054
-
Prepayments and accrued income 1,367
14,878 11,421
**----- End of picture text -----**
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**AS-SALAM TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022**
## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Taxation and social security
Other creditors|**31/12/22**
**31/12/21**
**£**
**£**
**2,233**
581
**1,598**
2,763|
|---|---|
||**3,831**
3,344|
|**10.**
**ACCRUALS AND DEFERRED INCOME**
Deferred government grants|**31/12/22**
**31/12/21**
**£**
**£**
**8,109**
9,461|
The charity received a security grant from the Home Office in 2019. Inline with the terms of the grant it was used for specific areas of the ongoing refurbishment. As the refurbishment costs were capitalised and amortised, the treatment of the grant will follow suit and be released to the statement of financial activities.
## **11. MOVEMENT IN FUNDS**
|**Net**
**movement**
**At 1.1.22**
**in funds**
**£**
**£**
**Unrestricted funds**
General fund
**112,062**
**(3,560)**
**Restricted funds**
Property fund
**62,157**
**2,088**
Refurbishment
**65,332**
**213**
Collections for other organisations
**1,691**
**-**
Food Bank
**23,526**
**8**
**152,706**
**2,309**
**TOTAL FUNDS**
**264,768**
**(1,251)**
Net movement in funds, included in the above are as follows:
**Incoming**
**resources**
**£**
**Unrestricted funds**
General fund
**158,046**
**Restricted funds**
Property fund
**2,088**
Refurbishment
**4,209**
Food Bank
**42,989**
**49,286**
**TOTAL FUNDS**
**207,332**|**Transfers**
**between**
**funds**
**£**
**(7,200)**
**-**
**-**
**-**
**7,200**
**7,200**
**-**
**Resources**
**expended**
**£**
**(161,606)**
**-**
**(3,996)**
**(42,981)**
**(46,977)**
**(208,583)**|**At**
**31.12.22**
**£**
**101,302**
**64,245**
**65,545**
**1,691**
**30,734**
**162,215**
**263,517**
**Movement**
**in funds**
**£**
**(3,560)**
**2,088**
**213**
**8**
**2,309**
**(1,251)**|
|---|---|---|
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**AS-SALAM TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022**
## **11. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
Property fund
Refurbishment
Collections for other organisations
Food Bank
**TOTAL FUNDS**|**At 1.1.21**
**£**
105,168
60,728
63,349
1,691
18,501
144,269
249,437|**Net**
**movement**
**in funds**
**£**
6,894
1,429
1,983
-
5,025
8,437
15,331|**At**
**31.12.21**
**£**
112,062
62,157
65,332
1,691
23,526
152,706
264,768|
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Property fund
Refurbishment
Food Bank
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
100,631
1,429
5,979
16,877
24,285
124,916|**Resources**
**expended**
**£**
(93,737)
-
(3,996)
(11,852)
(15,848)
(109,585)|**Movement**
**in funds**
**£**
6,894
1,429
1,983
5,025
8,437
15,331|
|---|---|---|---|
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**AS-SALAM TRUST**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022**
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Property fund
Refurbishment
Collections for other organisations
Food Bank
**TOTAL FUNDS**|**At 1.1.21**
**£**
105,168
60,728
63,349
1,691
18,501
144,269
249,437|**Net**
**movement**
**in funds**
**£**
3,334
3,517
2,196
-
5,033
10,746
14,080|**Transfers**
**between**
**funds**
**£**
(7,200)
-
-
-
7,200
7,200
-|**At**
**31.12.22**
**£**
101,302
64,245
65,545
1,691
30,734
162,215
263,517|
|---|---|---|---|---|
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
**Restricted funds**
Property fund
Refurbishment
Food Bank
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
258,677
3,517
10,188
59,866
73,571
332,248|**Resources**
**expended**
**£**
(255,343)
-
(7,992)
(54,833)
(62,825)
(318,168)|**Movement**
**in funds**
**£**
3,334
3,517
2,196
5,033
10,746
14,080|
|---|---|---|---|
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st December 2022.
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