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2023-12-31-accounts

Masjid-e-Noorul Islam Prospect Street, Bolton, Lancashire, BLI 3QH Report and Financial Statements for the Year Ended 31 December 2023 Charity no: 1143878 P8ge I

Contents Narne Le8al and admlnistr3tion informarion Report ot the Trustees ReFK>rt of the Independent Examiner Statement of flnancial artNities Balance sheet io Note5 lormin8 Part of the financlal statements 11-15 P¥ge 2

Inlgtratl lon Trn5tees Narne Nizamuddeen Karnbolla Secretary Zahid Gaurya Vltfrsecretary Dr ZuberAhmed Ba8asi President Mohammeij Mu2zammil lsmali VICÈ Presldwt Fuzeil Yakub Patel Treasurer Vlce Treasurer vtce Treasurer Appolnted 0710612021 0710612021 0710612021 0710612021 0710612021 01104D024 0710612021 Re$￿ed Aff2el Husen Adam Ajaz Patel 3VOI/2024 Yasln Gularn Abdullah Mubarak Patel Sab5r Farook Patd Shokatali Karamali Saiyed Holdin8 Trustee Holding Trustee Holdlng Tmstee HoldingTrustee OIIIV2021 OVlln021 0ty1112021 0111112021 Independent Éxamlner A. Patel & Co. 341 Derby Street. Bdton, BL3 6LR Bank•rs Uoyds TSB Bank Plc. Bolton Branch, Hotel Street, Bolton. BU IDB Pa8¢ 3

Assalom•ulaVAum Warahm•tullahe Wabarakltu Thetrustees have pleasure in presentirbg their feport forthe year ended 31 December 2023. This report is wepared In accordance with the Staternent of Recommendtd Pr2£tKe- AccountSng and reportlng by the Charities and complles with appllcable law. ChorltyobiEcts The oblett of the charlty Is to ￿VanCe the Religiofi of tslam In accordance wf(h laws dlctated In thè auran. the Sunnah of the Holy Prophet Mohammed IpeKe be him) and the Hanafi Sunni Khool of thou8ht and beliefs as exrKJunded Imam-E-Azam Noman Bin Thabli commonly known as Imam Abu Hanlfa la5 per the institution of the members of the AhltrSunnat-Wal-Jamaat cornmnly known as Barelvisl as well as the Sufistic school of thou8ht I"Sthool of Thought") by suth mean5 as the Charlty d￿ldeS includin8 Ilnter alial -. ilthe provlslon of facillties and 5eryices in accoTdaThce with the rell8ion of Islam Including facllltles for prayer and worshipj iiiihe preservatlofi of the values and religious artd tu￿Ural traditions of the Patel (Kanamtyal Vohra Community of Gularat. India, as are compatible with the School of Thought,. Includin8 advanclng the education of the public in partKular but not excluslvely the IcKal communlty In the Crompton Ward of the Bolton Metropolitan Borough Coundl and also generally wlthin Bokon (the -area of beneflv) specifically Sn the history and culture of Islam and rdi8lous education, In particular ensyrin8 that the pro*i5ion of reli8lOU5 education for chlldren In the area of benefit in 8ccorda￿e wlth the School of Thought. Stots$ and admlnlstrntlon The charrty 15 Consiltuted under a 2011 constrtution and registered wlth The Chartry Commi55ioners under char number 1143878. The constitution has been amended in subsequent yèars and approved at the AGM. The Trustees are elected Ma elettlons, which take place at Intervals as o￿lIned In the constitution. Prkntlple polklesto 8£hle¥e oblerth To establlsh a Masjid for prayer5. Madras$8h Ischooll to p￿de a safe envlronrnent for the chtldren to maxlmise their Islamic educatK)n and other ancSllary buildings Including a cornmunSty centre and to provide other seNces to the communlty In tlme of need Ilke funeral serylces, etc. Adl¥ltle5 ond Athlertmer This report 15 intended to Provide detalls of some achievement5 over the past year. Essential remedial works to the Masjid bullding inclutlln8 cyclical mainienance, refurbishment of the Communlty Centre & Prospert Mlll have taken place during the year. Malntenance and service contrarts have been renewed for the Heatin& Fire rm and Intruder Al8rm. Ch•rlty Assets the fixed assrf held by the Masjid include51he propertyfor fts main use SItu￿ed at Prospert Street, Bokon, the building at 82 Halliwell Road Icommunity Centrel, Car Park on Pro8ress ￿reet, Prospect Mill on Pr05pett Street, 97 Eskritk Street and 43 Rushey Fold Lane, Bokon. The value included in the Balance Sheet of the Masjld building and the car parl and Communrty Centre is assess a5 Estates. The value of the Prospect Mill. 97 Eskrick Street and 43 Rushey FDld Lane comprises of the cost of the land plus all the bullding costs as at the Balance Sheet date. Pa8¢ 4

R rt of thTrt￿tte$ tontinued Post balance sheet events On 29 February 2024. the CharrtyexchanBed cOnt￿ts br the purchase of a property. ILxed on 43 Rushey Fold Lane, Bolton, BLI 3JW. Man•8ement Thefollowing tearn of Management Trustee5 was Èff￿trye as at the date of the actounts approved; Narne Dr Zuber Ahmed Ba£a51 Mohammed Muzzarnmll Ismall N12amuddeen KarnE(1118 Zahid Gaurya Fuzell Yakub Patel Affzel ￿U$en Adam Presldent Vlce Pre5rdent Secretary Vlc&Secretary Treasurer ce Treasurer Addltlonally, a fantastic team of offlcial bY)lunteeTs wjth a multi-disclpllnary 5kill-set contlnue to help daily. The indNiduals are as follows,. Aziz Mohammed Nasir Bhaloda Fèrld Patel Sallm Patel Farid A%mal 5aeed Patel Faisal Rai Sirnj Patel Usman Buksh Hanlf Patel M0051n Patel Moobin Patel Ya5in Ibrahlm Vasln Nha Th• Vlslon ofthe Comrnltte• To8ether, let'5 make tomorrow better for ourGrandparÈTrts, Parents, Son5, Dau8hters & Grandchildren. Eduratlon Establishln8 a higher standard of educztions for both males and ferna￿5. Commun Makin8 everyone feel welcome e8ardle5s of a8e, race, spiritual IliètK)ns or gender. Flnance Spendin8 and investln8 where tt matters. to benefrt the whole communi

of theTrustees continued Tht LonTerm Mlll Projpct IL11￿ Comrnunlty Hub) Followlng the Annual General Meetlng In March 2022, it was decided by our members they would Ilke to see a redeveloprnent of the mill rather than a complete knock-down. thus we are proceeding a5 per the request of our rnernbers. On 3 Aprll 2024. by the 4race ol the Almlghty. the bcal 4Uthorfty. Bolton COU￿11 appr¢￿ed our planning applKatlon, therefore 8fvlng usthe green118httocommence the work. Further details on next step5wiII be released In due course. A hu8e thank you to all thè donors who have 5UPPDrted the Ll8ht Community Hub Project to date 3$ well as 8eTheral (klnation. We would liketo thank all of the Enterprise schemes that have ralsed a massSve amount towards the fundraising target. There are yet more events and enterprise schemes planned, 50 Stay tunedl Finally, è huBe thank you to our chlldren who kKk-Started thls fwdraisin8 Wlth ihr sponsorship fomis over Ramadhan - a true testament that we are working from bottom up. We would liketoiake thls opportunity to emphasSsethis 15 a knng-temi project whlch wtll requlre patlence from all of our member5 and community. We must all be Un￿ed to make thi5 5wcessful and as a cornrnunity, we can achlevethe￿sl0Tr toBether. Donlons can be rnade to the following account: Kcount name Sort wde Account Number Masjld-e-Noowul151am 309101 01929719 Rlsk M•naoement The cunent account funds are held with a leadlng bank to minimise dlsruptlon to actfvitles and reduce risk. All investment tlecisions are made to a£hleve a reasonable ￿tuM from acceptable sources accordsng to Islamic Jurisprudence whitst minimi5ing the risk. Reserve Pollcy and Futur• Plans Atthe year erhd the Maslid held enough lunds to payfor its expense5 for the year. Tru5tee$' R•sponslbllltle5 The law applicable to Char￿leS In England and Wales requlres the Trustees to prepare flnanclal stements for each financial year that 8Nes a irue and fair view of the charftvs financial activkies during the year and of its finantial position at the end of the year. In preparingthose financial statements. the Trustees are requlred to.. {a) SeleLI 5Ultable accountlng policies and gpply them consistently {b} frAake judgements and estimates that are reasonably prudent {c) State whether applicable accountin8 Standards and statements of retommended practice have been followed. sublert to any dÈpartures disclosed and explained in the financlal 5t*ements Id) Preparethe financial 5t4temeThts on a going toncern basi5 unless it is inappropriate to presume that the charlty wlll contlnue in operation. The Trustees are responsible for keeping proper accounting record5 that disclose wlth reasonable accurw at any time the financi81 position of the tharlty and enable them to ensure that the financial statements Compty with CharitSes Art 1993. They are a150 res(h)n5ible for safeguardlng the assets of the chadty and hence for takin8 reawThable steps for the Pfevention and detertion of fraud and other Irregularfties. P88e O

of Ih•Tru51ees cortlnued Audltorsl Independent Ex•rnlner5 Under Charity Law it is not a requirement for the actounts to be audited and a5 such the xcounts have not been audlted but they have been Independently examined byA. Patel & Co. Accountanis. Finalty We would like to tske this opportunlty to thank all the Member5. Volunteers and the Trustees who have played a positivè role in the smooth runnlng of the Charity and promotin8 its cause. We as charity rnembers would Ilketo thank you greatly and may Alrnl8hiy Allah reward you in thls Ilfe and the hereafter. Approved by the Tnjstees of Maslid-E-Noorul Islarn and slBned on its behalf by.. ￿l￿Muddeen Kambolia Isecretaryl DrZuLerAhmed 8 Ipresident 1310212025 Page 7

IndepEndent Ex•mln•Ys R•port Tothe trn5tees of M•slkl-E-P4oorul Islam I report on the (ounts forthe year ended 31 Decemtser 2023 for Charity Number 1143878, whSch is set out on pages Btol4. ReSPerth￿ Nsp￿￿bIl￿les otthetrustee5 and examlner The charlws trustees are responsible for the preporation of the accounts. The charit¢5 tru#ees tonsider that an audlt is not required for thls year lunder sectlon 43121 of ihe Charities Act 1993 (the 1993 Attll and that an Independent examination is ne￿Ied. It15 rny respon5ibillty to.. examlne the account5 (under 5tion 43131181 ot the 1993 Attl: tofoll)wtheproceduies&hl down Inthe Senpral D1r¥tsL￿ 8￿Tr bythe Charttycomm￿￿ {under5othr￿ 4317llbl oftho 199¥tt1;3nd to state whether partKular matter5 have come to my attentlon. Bas15 ollndependent examln•rf$ roport My examination wa5 carfted coJt in accordance with the General Directlons g￿eTh by the Charlty Comrn15sioners. ATh examination includes rAiew tsf the attouThtln8 records kept by the charlty and a comparlson of the accounts we5ented wlth those ￿Cords. It also includes consideration of any unusual Items or dlsc105ure5 in the Kcounts, and seek explanatlons from you as trustees concerninB any such rnatters. The procedures undertaken do Thot provide all th• dence that would be required in an audlt, and consequentty I do not expres5 an audtt opinlon on the view 8iven by the wiuThts. Independent examlner¥5tatemenl In the course of rny examination, no matter has cometo my attention- whKh me reasonable cause to believethat in, any material ￿Pec[ thetrustees have not met the requirements to ensure that.. proper accounting records are kept lin accordante with section 41 of the Attl.. and accounts are prepared which a8re with the accountlng records and comply with accountin8 requirements of theAct; or 2. To whKh, In my opini￿, attention should be drawn In order to enable a proper under5tandin8 of the actounts to be re￿hed. Signed: if l /zoZ Patel & Co 341 Detystreet Bolton BL3 6LR

5tstem•nt pf Fimndal ArtP4ttks forthe>Thr ended 31 December 2023 Unrestricted fvnds Rostrlrted funds 2023 Totsl 2022 Totsl Ineormln resources Incomin¥ resourosfrom ¥eneraf•d fvnd5 Voluntary Incorne Incomin8 resources from charitable activf(les Totsl in¢omlng r•sources 169,620 130,494 506,520 676,140 A94 617A 300.1 506.520 709,131 Charitable actknties 233,521 56,796 2%).317 317,056 550.577 56,796 607,373 181,737 38,261 219.998 Support costs Total resources expended 317AI Net In¢omlnB resour¢ bèfore transf•rs 9.797 189 199261 WJ,133 Net movement kn funds 9,797 189,464 199261 419J33 Totsl lund$ bYou8ht f¢Nward T¢x•I fundscayritd foAvanl 1,9M,a67 1,954,164 573￿28 2,318.196 2,517A57 IW9.062 563293 2.318.195 Page 9

Balante sheet a5 at 31 Decem￿1 2023 Noteg UnregtrlC￿d nds Re$￿tted fund$ 2023 Total Flxed assets T•nqlble •sse15 1,555,354 1555,354 1555,354 I,S45.656 1.545,656 L555354 Debtors and Prepayments Cash at bank and in hand Stock io 66.1)83 66,083 16,583 328,599 4,8C(I 399M42 563,293 891,852 4,800 ,735 721.282 1,450 Totsl ￿Trent assrts 563393 773￿15 Credltorn Arnountsdu• fallln wlthln one li 632 632 1275 Net curretht assets 563.293 962,103 1540 N¢t •ssets 1.594.164 563293 2.517A57 2.318,196 Funth ofthe th41ity Re5trlLled funds UnrestrlLted funds 563,293 563,293 1.954.164 373128 1,944,367 2,318,196 1,954,164 Total funds 1,954.164 563,293 2.517A57 Approved bythe Trustees of Masj*J-E-Noorul Islam and signed on its behalf ty.. N1zam￿deen Kambolla (Secretaryl DrZu￿rAhrned Bag IPresSdentl 1310212025

14rte5 formlnl Vrt ofthe ftnanthl st•ments forth•w￿re￿ded 31 Deomber 2023 i. Prlnclpal A¢countkn¢ Pokles lal Bas]s dac<ountl These accounts have been prepared on the basis of hlstorlcal cost lexcept that investment5 are Shown at market value In accordance wlth Accountin8 Standards and with the Charities Act 1993. Ibl Change In bash of acwun¢l There has been no change to the accounting policies Ivaluation rules and methods of aceountrn81 since last year. Icl Chan¥e5to prevlous a¢¢ounts No chan8e5 have been made to ￿ounts for previous years. 2. Prkndpal A¢countln¥ Politle5 In￿MI￿ resow¢es R•¢o8nltloTr •f Inctxnkng résaur Th¥e are Induded In the Statement ol Fkn•n¢W A¢Uvltles IsoFAlwhefi: the charlty becomes entttled to the resources. the tnJstees are virtualty certain they will receive the resources,. and the monetary value ¢an be measured wf(h suffitient rellably. Incomlni resour￿￿1th rèlated expenditure Where incomin8 resources have related expenditu￿ las with fundralsing w COntr￿t Income) the incoming resources and related expenditure arè reported 8ross in the SOF Grants and donatknns Grants and donations are only Included in the SOFA when the thartty has Uncondi￿Onal entitlementto the resources. Tax redalmson do￿a￿On$ •nd thts Incoming resource5 from tax reclaim5 ￿ Includ￿ in the k&FA atthe same time as thégift to whlch thry relate. Glfts In klhd Glfts in kind are accounted forat a rea50nabk estknate ofthelrvalue to the CharIty￿the amount acluèlly realised. Gffts in kind for Sale or distributh)n are IrKluded In the accc*Jnts as¥llts only when sokl or dlstdtojted tythe charity. Gifts In klnd for use by the charity are Included In the SOFA as Incomlng resources when recelvable. Donated servlce5 ?nd facllttles These are On￿ IntludÈd in incoming resources (with an equivalent arnount In resources expended) where the benefit to the charlty15 reasonably quantlfiable. measurable and rnaterfal. The value placed on these resources is the estlrnated valueto the charltyof the service orfaclllty ￿te[v￿1. Volunteer help The value of any ￿lUntary help rec￿Ved is not Induded In the accounts bLrt Is de5crSbed In thetrustees, annual rep(fft. In¥eMment Int•me Thls is Included in the accounts when r￿e￿able. Page

Note5trmin8 part of the Ilnandal statements for the yeai•nded 31 DErnmber 2023 (c¢￿tinued) In¥e51ment8aln$•nd losses Thls includes any galn or Ios5 on the sale of Investments and any 8ain or1055 resulting from revaluing investments to market value at the end of theyear. EXPENDITURE AND UABILITIES Lbabl11ty retO8nltio Llabllltles are retognlsed as s00Th asthere 15 a legal 0rcMstrurt￿e ot414atlon commlttln8 the tharity to Pay rth resources. Gavernance costs Include costs of the preparation and examination of statutory ￿ctsunts. the tosts of trustee meetln85 and cost of any le801 advice to trustees on governance orconstitut￿naI rnatter5. Support Costs Support costs Includecentral funttion5 and have been allocated to activity Cost categorles on a basls conslstent wlth the use of reSOUTces, e.g. allocatin8 propertycosts by fkKJr areas. or percapita, staff costs by the tlme spent and other costs bytheir usage. TonB*lt fixed ¥ssetslor use by ¢harlty These are capfcalised If they can be used for more than year, and cost at leasi £250. They are valued at C05t or, rf ifted, at the valueto the tharityon recelpt. In¥estm•nts Investments quoted on a reco8nised stock exchange are valued at market value at thÈ year end. Other Investment assets are included at trustees, best estSmate of market value. Tan8lblefixed nssets and dep¢èdatlon Depreciation Is provided at rates calculated to wrlte off the cost less resldual value of each a55et over expected useful Ilfe, as follow5.. Equipment & Furnishlngs- 15% red￿1￿ balance The freehold properties a￿valued at htstorlc Cost and not depreclated. 85 the Mosoue's and Communrty Centre's are considered io have a useful life as a buildingof 8reater than 50 years and so any deF¥etiation charge is considered Immaterlal. Page 12

Notes fomiln8 Part•f the fimnclal statements forthe year¢nded 31 tle(ember 2023 IcontlnuEdl 3. Volunl•rylncome Unre5trfrted lunds R•strf(ted funds 2023 Total Total General donations 154.620 154,620 339,660 15,OCQ 166,860 676,140 123,490 24.121 51,099 419,112 617￿5 Donations for exttrnal charitie5 339,660 Tax refunds Long-Terrn mill prolect Totsl Voluntary1n￿Me 15,OC 166,860 So6￿20 169.620 4. In(g)mlh¥ resources frnm ¢harStable aLthiftles Unrestricted funds Restrl¢ted funds Totsl T•)tal Cbthln8 Bank Rental Income tab and other Sales Donatlonsfor FOCKI INly8zl Madressah Fee 210 210 6￿65 14,728 12.960 94,117 575 6,865 14.728 12,9fo) 94,117 575 15,789 17,467 8,294 46,123 6(Kl Nikhah Fee Funeral & Coffin Total Incomin¢ resources frorn rharttable artlviiils 1,250 130A94 1,250 130N94 2.825 91.309 Ch•rftabte actlvllles Unrestrf¢ted fvnd$ R•stFl¢t•d fund5 Totsl Total External Charity Donat(ons Cost of Shop Sales Utllitie5 & Ground rent 317.056 317,056 10,270 22,202 10,232 674 22,6SI 9,877 16,C#J9 10,714 10.270 22,202 10,232 674 Glfts & Prize Purchases Prfntin8 and Stationery Wages & PAYE Fts)d (Niyazl Costs Totalcharftab￿ artvnties 167,782 22,404 233￿21 167,782 110,086 11.692 181.738 22,404 S50￿77 317A156 Pa8e 13

Notesformin8 Part olthe Inancial 5t•tements for the yearended 31 December 2023 Icontlnued) 6. sUpport￿St$ Unr•strfrt•d funds 2022 Total funds Total Bank char8es Insurance 168 168 127 2,761 8,794 850 2,761 8.794 2￿77 Le8a1 costs Cost of Coffin5 sold Repairs and Rertewals Sundry and aeaning Expenses Broadband & Telephone Depretlatlon Totsl Support costs 850 I￿00 13967 3817 1,173 15,C 38,260 12,127 14.205 1.890 16,000 56.796 12,127 14,205 1,8 16,000 56.796 7. Delalls of (ertiln Il•ms ol •¥•ndlture 7.1 Trustse expense5 Trustees are not remunerated for their services and there were no of p￿ke1 expense5 pald12021.. £nill. 7.2 Fee5 for th• examlnatlon of the awiunts The accounts a￿ not being audited this year as it falls belowthe audlt threshold. howeverthe accounis have been indq)endenilyexamlned. Paid eThp￿¥tes &15tatt ¢Dsts 2023 2022 Total Gr055 wage5 and salaries Totsl gtoff ¢ost$ 167,782 167,782 110.086 110086 8.2 A¥era8e number ol ernployee5 2023 T4>ts1 2022 Total Imam Support staff Average nurnbw of •mplDyees 25 21 Poge 14

N•tesformin¥ part of the ffinancial st•tefflents fortheyear ended 31 December20231(ontlnuedl 9. Tan￿ble1sXed assets Notss Frehold Land & BulldlnRs Equlpment & Fum15hln85 2023 Total 2022 At l January 2023 Additk)ns IM65,741 25,698 137,101 9.0 602 1,520,792 82050 Disposals At 31 Detember 2023 IA91.440 146,101 1,637.5 L602 Oepre¢l)tlon At l JaTruary 2023 Charge forthe ytar Dlsposals At 31 Decernber 2023 66.186 16,CNXI 51,186 15 16 82,186 82,186 66,186 Net book ¥•lu• At 31 December 2023 IA91A40 63,915 1,555J55 1,$45,656 At 31 December 2022 IA65,741 79,915 1,545.656 IA69.606 10. D•btots and PrePa￿ents 2023 Tot•1 2022 T¢al Debtors 51,0(Kl Prepayments Total Debtors and Prepayments 5LOOO 11. Credllorg amourt$lol1i￿ dye within ODE year 2023 Total Total AccruaLs 632 1275 No person ororgani5at40n hold5 any securityover the assets of the Masjid. 12. Restrkted fund$ Restrlcted funds comprise tsf thnations given bythe general publlt for the sole purp)5eof supportin8 the poor Muslirn5 a5 well as the Lon8-Terrn Mill Prolett. P4ge 15