Registered Charity Number 1142310
Masjid-E-Owais-E-Qarni
For The Year Ended 31 March 2022
Citi Aeeollntaney Ltd
6 Wilson CourL 6 Union Road
Ron]ford, Essex
RM7 OGR

Masjid-E-Owais-E-Qarni
CONTENTS
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance sheet
Notes to the financial statements
Detailed Sialemenl of Financial Activities
io

Masjid-E-Owais-E-Qarni
Report of the Trustees for the Year Ended 31 March 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022
The trustees have adopied the provisions of the Siaiemenl of Recommended Praclice (SORP) 'Accounting and
Reporting by Charities, issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity Number
1142310
Principal Address
103-107 Belgrave Road
Ilford
IGI 3LG
Trustees
Mr Saleh M Adam
Mr Ifikhar Ahmed
Mr Mohammed Ashrar
Mr Ghafoor Ahmed
Mr Adam Patel
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Risk management
The trllstee8 have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate
controls are in place lo provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on 02 August 2023 and signed on ils behalf by:
Mr Saleh M Adam- Trustee

Examiner's Report to the Trustees of
Masjid-E-Owais-E-Qarni
I report on the accounts for the year ended 31 March 2022 set out on pages four to eight.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accollnls. The charity's Iruslees consider that an audit
is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent
examination is required.
It is my re8ponsibilily lo..
examine the accollnls Under Section 145 of the 2011 Act
lo follow the procedures laid down in the General Directions given by the Charity Commission (under Section
145(5} (b) of the 2011 Act); and
lo state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examinaiion wa8 carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the aceounling record8 kept by the charity and a comparison of the accollnls
presented with those records. It also includes consideration of any unusual items or disclosures in the accollnls,
and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit. and consequently no opinion 18 given lo whether
the accounls present a 'trlle and fair view and the reporl is limiied to Ihose matters sel out in the slalemenis below.
Independent examiner's statement
In connection with my examination, no matter has come lo my attention:
(l) which gives me reasonable cause lo believe that. in any material respect, the requirements
lo keep accounting records in accordance with Section 130 of the 2011 Act. and
lo prepare accounts which accord with Ihe accounting records and to comply with the accounting requirements of
the 2011 Act have not been met. or
(2) lo which, in my opinion, attention should be drawn in order lo enable a proper understanding of the accounts to
be reached.
Citi Accountancy Ltd
6 Wilson Court. 6 Union Road
Romford, Essex
RM7 OGR

Masjid-E-Owais-E-Qarni
Statement of Financial Activities
for the Year Ended 31 March 2022
2022
Total Funds
2021
Total Funds
Unrestrieted Fund Restrieted
Notes
INCOMING RESOURCES
Incoming resources from generated
Volllniary income
Investment income
Incoming re%ources from Charitable activities
Other incoming re4ource%
Total Incoming resourees
228.556
12.990
6.426
1.554
249,526
228,556
12,990
6,426
1,554
249,526
144,674
6,504
5,310
15,830
172,318
RESOURCES EXPENDED
Costs of generating funds
Volllnlary income & Charitable activities
Fundraising trading.. cost of goods sold and other costs
Governance costs
Finance cost
Charitable activities
128.790
1282
16475
128,790
1,282
16,475
47,377
5,000
146,548
146,548
52,377
NET INCOMING RESOURCES
102,979
102,979
119,941
RECONCILL4TION OF FUNDS
Total funds brollghi fonvard
1,891,280
1,891,280
1,771,339
TOTAL FUNDS CARRIED FORWARD
1,994,259
1,994,259
1,891,280
The notes form part of these financial slalemenls

Masjid-E-Owais-E-Qarni
Balance Sheet
as at 31 March 2022
2022
Unrestricted Funi Restricted Funi Total funds
2021
Total funds
Note
Fixed Assets
Tangible assets
3,063,345
3,063,345
3,063,345
Current Assets
Cash ai bank and in hand
Prepayment8 and accrued income
156.558
672
157,230
156,558
672
157,230
210,038
1,445
211,483
Creditors: amounts falling due within one year
(485)
Nel cllrrenl assets
157,230
157,230
210,998
Total assets less current liabilities
3,220,575
3,220,575
3,274,343
Creditors: amounts falling due after more than one year
(1,011,616)
(1,011,616) (1,168,363)
Nel assets
2,208,959
2,208,959
2,105,980
FUNDS
Unrestricted funds
2,208,959
2,208,959
2,105,980
TOTAL FUNDS
2,208,959
2,208,959
2,105,980
The financial statements were approved by the Board of Trustees on 02 August 2023 and were signed on
its behalf by..
Mr Saleh M Adam- Trustee
The notes forn] part of these financial statements

Masjid-E-Owais-E-Qarni
Notes to the Financial Statements
For The Year Ended 31 March 2022
ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirement8 of the
Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming re.8ource8 are included on the Statement of Financial Activities when the charity is legally entiiled to
the income and the amount can be quantified with reasonable accuracy.
Resollrces expended
Expenditure is accounted for on an accrllals 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
acliviiies on a basis consistent wilh Ihe use of resources.
Tangible fixed assets
Depreciation is provided al the following annual rates in order lo write off each asset over its eslimaled useful life.
Fixtures and fittings 20Yo slraight-line method
Taxation
The charity is exempt from lax on its charitable aclivilies.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives, al the discretion of the I￿steeS.
Reslricied funds can only be used for particular restricted purposes within the objects of the charity.
Reslriclions arise when specified by the donor or when funds are raised for partielllar restricted purposes.
Further explanation of the nalllre and purpose of each fund is included in the notes lo the financial statements.
2. GRANT
2022
2021
Grants
1,554
15.830
3. BANK
Cash ai hand
Barclays Business
Barclay8 Community
Barclays Premium
Ma8jid Receipt Book
144,276
9,450
2,231
601
197,884
8,690
2,232
1,232
156,558
210,038

4. Prepa￿ents and acerued income
Prepayments (PAYE)
Accrued income
672
1,445
672
1,445
5. INVESTMENT INCOME
Interesi receivable
Rents received
12,990
6,500
12,990
6,504
6. TRU.STEES' REMUNEIL4TION AND BENEFITS
There were no trustees, reinuneration or other benefits for the year ended 31 March 2022 nor for the year
ended 31 March 2021.
Trustees, expenses
There were no tn]stees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
7. STAFF COSTS
Wages and salaries
59,074
31,338
59,074
31,338
The average monthly number of employees during the year was as follows:
No employees received emolllments in excess of £60,000.00
8. TANCIBLE FIXED ASSETS
Freehold
Property
Improvements
to Property
Fixtures &
Fittings
Totals
COST
Ai l April 2021
Additions
3,t163,345
3,063,345
3,063,345
3,063,345
DEPRECIATION
Ai l April 2021
Charged for the year
At 31 March 2022
NET BOOK VALUE
Ai 31 March 2021
3,063,345
3,063,345
Ai 31 March 2022
3,063,345
3,063,345
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Taxation and social security
485
485

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (more than l year)- Charity bank lid
Loan - Interest Free
966,716
44,900
994,963
173,400
1.011,616
1,168,363
11. MOVEMENT IN FUNDS
Nel movement
in funds
01-Apr-21
AI 31.03.2022
Unrestricted funds
General fund
2,105,980
102,979
2,208,959
Total funds
2,105,980
102,979
2208,959
Nel movement in funds, included in the above are as follows:
Incoming Resourees
Resourees Expended Movement in F
Unrestricted funds
General fund
249.526
(145,266)
104,261
Restricted funds
General fund
(1,282)
1,282
Total funds
249,526
(146,548)
102,979

Masjid-E-Owais-E-Qarni
Detailed Statement of Financial Aetivities
For The Year Ended 31 March 2022
INCOMING RESOURCES
2022
2021
Voluntary income
Donations
Gift aid
Other income
214,523
4,006
10,027
68.343
76.331
228,556
144,674
Investment ineome
Interest receivable
Rents received
12,990
6,500
12,990
6,504
Ineoming resources from eharitable activities
Madrassa Fee
6,426
5,310
6,426
5,310
Other Incoming resources
HMRC JRS & other Grants
1,554
15,830
1,554
15,830
Total incoming resources
249,526
172,318
RESOURCE EXPENDED
Costs of generating voluntary ineome
Raising funds
1,282
5,000
Depreciation
Consultancy fees
Insurance
Light and heat
Raies
Repairs and maintenance
Postage and stationery
Telephone and internet
6,330
3,127
10,644
753
20,984
1,922
721
7,636
1,199
424
607
42,444
11,902

Fundraising trading: cost of goods sold and other costs
Bank loan inleresl
Wages
27,273
59,074
86,346
4,137
31,338
35,475
Cyovernance costs
Donaiions made
16,475
Other resources expended
Rent and Rates
Total resollrces expended
146,548
52,377
Net ineome
102,979
119,941
io