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2021-06-30-accounts

Hanfia Ghousia Masjid

Charity No. 1142200

Trustees' Report and Unaudited Accounts

30 June 2021

Hanfia Ghousia Masjid Contents

Pages
Trustees' Annual Report 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Accounts 8 to 14
Detailed Statement of Financial Activities 16

Page 1

Hanfia Ghousia Masjid Trustees Annual Report

The Trustees present their report with the unaudited financial statements of the charity for the year ended 30 June 2021.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1142200

Principal Office

75A Ford End Road Bedford MK40 4JT

Trustees

The following Trustees served during the year:

W. Ahmed M. Alam M. Ali M. Aslam O. Pervez N. Raja J. Safdar H. Saleem G. Sarwar

Key Management Personnel

Chairperson Mr. Mohammad Aslam

Accountants

HSR Accountants Ltd 18 Welbourne Gardens Bedford Beds. MK42 0NQ

Bankers

Santander

OBJECTIVES AND ACTIVITIES

The purpose of the charity as set out in its governing document are: To promote any charitable purpose in accordance with the UK laws, for the benefit of the community in Bedford and its surroundings : called "the area of benefit" and, in particular for the advancement of the Islamic religion & awareness in accordance with the teaching of the holy Qur'an and the teaching of Prophet Muhammed (peace be upon him), through: (1) Establishment of place of worship for all Prayers including Friday Prayers with sermons in English and Arabic language.(2) Organising educational programmes for Muslims and non-Muslims with a view to enhancing understanding of Islam and avoidance of misconceptions. (3) Offering recreational and spiritual activities, such as sporting and Eid Celebrations.

Page 2

Hanfia Ghousia Masjid Trustees Annual Report

The charities main activities includes learning the true Islamic Faith with a view to promoting high moral standards in the society. The trustees consider that the activities, summarised below, provide benefits to those who worship at our Mosque and the wider community of Bedford. The promotion of good race and community relations with other ethnic communities in the area of benefit.The charity is involved in the community and is dependent upon the voluntary help received from the local residents who support the Place of worship (Masjid) by not only voluntary service such as maintenance and repair work to the centre but by donations to help promote its objectives. The charity has Values, Principles and Procedures for efficient and effective administration of it’s programmes. Similarly, it has Conflict of Interest Policy, Child Protection Policy and undertakes DBS checks on newly recruited volunteers.

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 mosque is open for daily and Friday prayers. Festivals: The Mosque organises an outside catered food funded by the donations from the members and worshippers for special occassions like Ramadan and Eid.

Funeral facilities: The Mosque provides a funeral service in the line with the teachings of Islam. We relieve the deceased's bereaved relatives of the burden of organising burials.

Classes: Children's Qur'an classes are held after school every day and holidays; teaching the reading and memorising of Qur'an to children.

ACHIEVEMENTS AND PERFORMANCE

During the year, the charity has been able to achieve the following based on established criterion of performance. They include: 1) Establishment and continued support for education in Arabic, Correct Recitation and Memorization of the Quran, Understanding the acts of Islamic Worship, Life and teachings of the Prophet Muhammad (SAW) for both children and adult male and females students.2) Provision of facilities for obligatory Prayers, Ramadan fasting and encouraging members to fulfil their obligation of giving Zakat (Charity) to the needy in addition to their regular donations (sadaqa). 3) Celebration of the Eid Festivals with Muslim and Non Muslim families and friends.4) Successful promotion of community relationship and understanding through undertaking programmes that are accessible to both Muslims and Non-Muslims, male and female adults and children regardless of nationality, race or colour. 5) Undertaking various social and sporting programmes for the benefit of all in Bedford.6) Continually collaborating with governmental and non-governmental agencies to promote understanding and for effective community cohesion.

FINANCIAL REVIEW

The trustees have reviewed the reserves of the charity. Their policy is to hold enough funds to meet operating costs of the mosque.

PLANS FOR FUTURE PERIODS

The charity will continue with the current activities and has substantial donations for 2022. The key future plans are: A) To continue to help and give religious guidance for the community.B) To continue to promote good relations with all other ethnic communities.C) To continue to build and encourage community access to the educational facilities.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The type of government document adopted is Constitution and the charity is constituted as a Trust. The Trustees & Committee members are appointed by the Trustees. Any new trustees would be briefed by the chair on –Charity’s history, the governing document—organisational structure, administrative policy documents & procedures, Trustees’ & Committees’ roles and responsibilities.

Statement of trustees' responsibilities in relation to the financial statements

Page 3

Hanfia Ghousia Masjid Trustees Annual Report

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

Mohammad Aslam (Apr 11, 2022 19:27 GMT+1) M. Aslam Chairperson 07 April 2022

Page 4

Hanfia Ghousia Masjid Independent Examiners Report

Independent Examiner's Report to the trustees of Hanfia Ghousia Masjid

I report to the trustees on my examination of the accounts of Hanfia Ghousia Masjid for the year ended 30 June 2021 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the 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 can 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:

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.

Shahid Shaikh FFA FIPA Institute of Financial Accountants HSR Accountants Ltd 18 Welbourne Gardens

Bedford Beds.

MK42 0NQ 07 April 2022

Page 5

Hanfia Ghousia Masjid Statement of Financial Activities

for the year ended 30 June 2021

Notes
Income and endowments
from:
Donations and legacies
3
Other trading activities
4
Funeral funds
5
Total
Expenditure on:
Raising funds
6
Charitable activities
7
Other
8
Total
Net gains on investments
Net income
9
Transfers between funds
Net income before other
gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricte
d funds
2021
£
218,417
15,380
-		 Restricted
funds
2021
£
-
-
5,793		 Total funds
2021
£
218,417
15,380
5,793		 Total funds
2020
£
156,348
17,009
27,119
233,797
827
3,193
78,807		 5,793
-
-
3,600		 239,590
827
3,193
82,407		 200,476
768
-
91,459
82,827
-		 3,600
-		 86,427
-		 92,227
-
150,970
-		 2,193
-		 153,163
-		 108,249
-
150,970 2,193 153,163 108,249
150,970
764,528		 2,193
8,271		 153,163
772,799		 108,249
664,550
915,498 10,464 925,962 772,799

Page 6

Hanfia Ghousia Masjid Balance Sheet

at 30 June 2021

Charity No. 1142200
Fixed assets
Tangible assets
11
Current assets
Stocks
12
Cash at bank and in hand
Creditors:Amount falling due within one year
13
Net current assets
Total assets less current liabilities
Creditors:Amounts falling due after more than one year
14
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
15
Funeral Funds
Unrestricted funds
15
General funds
Reserves
15
Total funds		 2021
£
1,212,461
1,212,461
200
89,306
89,506
(4,985)
84,521
1,296,982
(371,020)
925,962
925,962
10,464
10,464
915,498
915,498
925,962		 2020
£
1,210,695
1,210,695
132
83,179
83,311
(4,187)
79,124
1,289,819
(517,020)
772,799
772,799
8,271
8,271
764,528
764,528
772,799

Approved by the trustees on 07 April 2022

And signed on their behalf by:

Mohammad Aslam (Apr 11, 2022 19:27 GMT+1)

M. Aslam Trustee 07 April 2022

Page 7

Hanfia Ghousia Masjid Notes to the Accounts

for the year ended 30 June 2021

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 8

Hanfia Ghousia Masjid Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.

Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.

Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Fixtures, fittings and equipment 20% reducing balance

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Page 9

Hanfia Ghousia Masjid Notes to the Accounts

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Page 10

Hanfia Ghousia Masjid Notes to the Accounts

2 Statement of Financial Activities - prior year 2020

2
Statement of Financial Activities - prior year 2020
Income and endowments from:
Donations and legacies
Other trading activities
Funeral Funds
Total
Expenditure on:
Charitable activities
Funeral Costs
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds carried forward
3
Income from donations and legacies
Donations
Donations for Extention
Gift Aid
Grant from HMRC JRS
4
Income from other trading activities
Sale of radio transmitters
Sale of dates
School Fees		 Unrestricted
funds
2020
£
154,873
18,533
-
173,406
69,903
-
69,903
103,503
103,503
103,503
103,503
Unrestricted
£
127,174
75,786
6,207
9,250
218,417
Unrestricted
£
160
5,000
10,220
15,380		 Restricted
funds
2020
£
-
-
27,070
27,070
-
18,800
18,800
8,271
8,271
8,271
8,271
Total
2021
£
127,174
75,786
6,207
9,250
218,417
Total
2021
£
160
5,000
10,220
15,380		 Total funds
2020
£
154,873
18,533
27,070
200,476
69,903
18,800
88,703
111,773
111,773
111,773
111,773
Total
2020
£
154,873
-
-
1,475
156,348
Total
2020
£
470
-
16,539
17,009

Page 11

Hanfia Ghousia Masjid Notes to the Accounts

Funeral Fund Collections
Bank Interest received
6
Expenditure on raising funds
Costs of generating voluntary
income
Radio sales
7
Expenditure on charitable activities
Expenditure on charitable activities
Events and Festivals
Governance costs
8
Other expenditure
Funeral Costs
Employee costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on disposal
of fixed assets
General administrative costs
Legal and professional costs		 Unrestricted
£
-
63,542
8,360
2,956
1,379
2,570
78,807		 Restricted
£
5,793
-
5,793		 Total
2021
£
5,793
-
5,793		 Total
2020
£
27,070
49
27,119
Unrestricted
£
827
827
Unrestricted
£
3,193
3,193
Restricted
£
3,600
-
-
-
-
-
3,600		 Total
2021
£
827
827
Total
2021
£
3,193
3,193
Total
2021
£
3,600
63,542
8,360
2,956
1,379
2,570
82,407		 Total
2020
£
768
768
Total
2020
£
-
-
Total
2020
£
18,800
48,187
16,706
3,525
3,191
1,050
91,459

Page 12

Hanfia Ghousia Masjid Notes to the Accounts

9 Net income before transfers

This is stated after charging:
Depreciation of owned fixed assets
Independent Examiner's fee
10 Staff costs
Salaries and wages
Pension costs
No employee received emoluments in excess of £60,000.
11 Tangible fixed assets
Cost or revaluation
At 1 July 2020
Additions
At 30 June 2021
Depreciation and impairment
Depreciation charge for the year
At 30 June 2021
Net book values
At 30 June 2021
At 30 June 2020
12 Stocks
Finished goods
Carrying value analysed by activities
Radio transmitter
13 Creditors:
amounts falling due within one year
Other taxes and social security
Other creditors
Accruals and deferred income		 2021
£
2,956
400
62,486
1,056
63,542
Land and
buildings
£
1,196,627
4,008
1,200,635
-
-
1,200,635
1,196,627
2021
£
200
200
2021
£
200
200
2021
£
1,163
772
3,050
4,985		 Fixtures,
fittings and
equipment
£
14,068
714
14,782
2,956
2,956
11,826
14,068		 2020
£
3,525
-
48,187
-
48,187
Total
£
1,210,695
4,722
1,215,417
2,956
2,956
1,212,461
1,210,695
2020
£
132
132
2020
£
132
132
2020
£
-
2,097
2,090
4,187

Page 13

Hanfia Ghousia Masjid Notes to the Accounts

14 Creditors:
amounts falling due after more than one
year
Other loans
15 Movement in funds
At 1 July
2020
Restricted funds:
Restricted income funds:
Funeral Funds
8,271
Total
8,271
Unrestricted funds:
General funds
764,528
Revaluation Reserves:
Total funds
772,799
Purposes and restrictions in relation to the funds:
Restricted funds:
Funeral Funds
16 Analysis of net assets between funds
Fixed assets
Net current assets
Creditors due in more than one year and
provisions		 2021
£
371,020
371,020		 2020
£
517,020
517,020
Incoming
resources
(including
other
gains/losses)
£
5,793
5,793
233,797
239,590		 Resources
expended
£
(3,600)
(3,600)
(82,827)
(86,427)		 At 30 June
2021
£
10,464
10,464
915,498
925,962
Unrestricted
funds
£
1,212,461
58,585
(371,020)
900,026		 Restricted
funds
£
-
25,936
-
25,936		 Total
£
1,212,461
84,521
(371,020)
925,962

Page 14

Hanfia Ghousia Masjid Notes to the Accounts

17 Reconciliation of net debt

Cash and cash equivalents
Borrowings
Net debt		 At 1 July
2020
£		 Cash flows
£		 At 30 June
2021
£
83,179 6,127 89,306
83,179
(517,020)		 6,127 89,306
(371,020)
146,000
(517,020)
(433,841)		 146,000
152,127		 (371,020)
(281,714)

18 Commitments

Operating lease commitments

Annual commitments under non-cancellable operating leases are as follows:

2021 2021
Land and
buildings		 Other
£ £
Operating leases with expiry date:
Pension commitments
2021
£
The pension cost charge to the charity
amounted to: 1,056

Page 15

Hanfia Ghousia Masjid Detailed Statement of Financial Activities

for the year ended 30 June 2021

Income and endowments from:
Donations and legacies
Donations
Donations for Extention
Gift Aid
Grant from HMRC JRS
Other trading activities
Sale of radio transmitters
Sale of dates
School Fees
Other
Funeral Fund Collections
Bank Interest received
Total income and endowments
Expenditure on:
Costs of generating donations and
legacies
Radio sales
Total of expenditure on raising funds
Charitable activities
Events and Festivals
Total of expenditure on charitable
activities
Other expenditure
Funeral Costs
Employee costs
Salaries/wages
Pension costs		 Unrestricte
d funds
2021
£
127,174
75,786
6,207
9,250
218,417
160
5,000
10,220
15,380
-
-
-
233,797
827
827
827
3,193
3,193
3,193
-
-
62,486
1,056
63,542		 Restricted
funds
2021
£
-
-
-
-
-
-
-
-
-
5,793
-
5,793
5,793
-
-
-
-
-
-
3,600
3,600
-
-
-		 Total funds
2021
£
127,174
75,786
6,207
9,250
218,417
160
5,000
10,220
15,380
5,793
-
5,793
239,590
827
827
827
3,193
3,193
3,193
3,600
3,600
62,486
1,056
63,542		 Total funds
2020
£
154,873
-
-
1,475
156,348
470
-
16,539
17,009
27,070
49
27,119
200,476
768
768
768
-
-
-
18,800
18,800
48,187
-
48,187

Page 16

Hanfia Ghousia Masjid

Detailed Statement of Financial Activities

Premises costs
Rates
Light, heat and power
Premises cleaning
Premises insurances
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Depreciation of Fixtures, fittings
and equipment
Bank charges
Stationery and printing
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination
fees
Accountancy and bookkeeping
Other legal and professional
costs
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net income
Net income before other
gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 1,158
3,651
100
1,892
1,559
8,360
2,956
533
35
-
811
4,335
400
1,600
570
2,570
78,807
82,827
-
150,970
150,970
-
150,970
764,528
915,498		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
3,600
3,600
-
2,193
2,193
-
2,193
8,271
10,464		 1,158
3,651
100
1,892
1,559
8,360
2,956
533
35
-
811
4,335
400
1,600
570
2,570
82,407
86,427
-
153,163
153,163
-
153,163
772,799
925,962		 996
9,381
100
1,956
4,273
16,706
3,525
1,219
843
266
863
6,716
-
1,050
-
1,050
91,459
92,227
-
108,249
108,249
-
108,249
664,550
772,799

Page 17

HanfiaGhousiaMasjid_UTR_30-06-2021_Accou nts

Final Audit Report 2022-04-11 Created: 2022-04-11 By: Shahid Shaikh (hsraccountantsltd@hotmail.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAMaZ6e2JcDHgJEVI131zWSqtRFdlXUNjL

"HanfiaGhousiaMasjid_UTR_30-06-2021_Accounts" History

Document created by Shahid Shaikh (hsraccountantsltd@hotmail.co.uk)

2022-04-11 - 5:56:15 PM GMT- IP address: 82.12.54.77

Document emailed to Mohammad Aslam (rajamaslam@outlook.com) for signature

2022-04-11 - 5:57:44 PM GMT

Email viewed by Mohammad Aslam (rajamaslam@outlook.com)

2022-04-11 - 6:26:13 PM GMT- IP address: 172.224.226.80

Document e-signed by Mohammad Aslam (rajamaslam@outlook.com)

Signature Date: 2022-04-11 - 6:27:50 PM GMT - Time Source: server- IP address: 109.157.74.62

Agreement completed.

2022-04-11 - 6:27:50 PM GMT