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2024-11-30-accounts

MANCHESTER ISLAMIC AND CULTURAL CENTRE

TRUSTEES' REPORT & FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2024

CHARITY REGISTRATION NO: 1144802

MANCHESTER ISLAMIC AND CULTURAL CENTRE

CONTENTS

Page
Directors / Trustees 1
Trustees Report 2 - 3
Independent Review 4
Income and Expenditure Account 5
Balance Sheet 6
Notes to the accounts 7 - 9

MANCHESTER ISLAMIC AND CULTURAL CENTRE

TRUSTEES AND PROFESSIONAL ADVISORS

TRUSTEES:

Mr. Suhail Sharief Mr. Abbas Sharief Mr. Rzgar Cardo

REGISTERED OFFICE:

63 Ladybarn Lane MANCHESTER M14 6YL

BANKERS:

HSBC 577-579 Wilbraham Road Chorlton-Cum-Hardy Manchester M19 9AH

Al Rayan Bank 44 Hans Crescent Knightsbridge London SW1X 0LZ

ACCOUNTANTS:

Zaheer & Company Charterted Certified Accountants & Registered Auditors 63 Kingsway Burnage Manchester M19 2LL

Page 1

MANCHESTER ISLAMIC AND CULTURAL CENTRE

TRUSTEES REPORT

STATUS

Manchester Islamic And Cultural Centre is a registered charity under the charity number 1144802. It has no taxable activities and is therefore not liable to UK taxation. It is, however, unable to reclaim VAT on expenditures incurred.

INTRODUCTION

The centre provides its services for the community in the south of Manchester. The Charity has been able to purchase its own Mosque Building at the cost of £423,096.

Facilities of the centre are open to the public all day. It caters for the daily prayers, language classes and community meetings and social occassions, for example, marriage ceremonies and funeral wakes.

Classes: There are regular weekly study circles for men, women and children. During the weekend sporting activities are organised for boys aged between 8 and 16 years taking place on both Saturday and Sunday. Non-Muslims are welcome to attend any of the centers activities.

Public Relations: The centre has also been active in liasing with Manchester City Council and Greater Manchester Police. The centre held and open day in which the lord Mayor of Manchester attended along with other members of the council and community.

Web Site : Over the last two years we have deeloped our own website which provides information about the centre. Www.salahadeenmosque.org.uk

There are times during the course of the year when the centre is busier than normal. These occasions are listed below:

(a) Friday: Friday is the holiest day of the week for Muslims and special prayers are offered around early afternoon on this day.

(b) Ramadhan: The month of Ramadhan is the period when members of the Muslim community are fasting during the day. The normal prayers are attended by above average numbers and special prayers are offered in the evenings. Food and light refreshments are provided for the attendees in the evening every night of Ramadhan. During the last ten days of Ramadhan the centre is open later than usual and an appropriate permission from the city council will be sought. The neighbours will be informed and appropriate parking measures and security is put in place to avoid traffic congestion, parking problems and reduce any notice.

( c) Eid : The Eid festival is celebrated twice every year by the Muslim community and once again the centre plays its full role in serving the need of the community. The first Eid is celebrated at the end of Ramadhan to mark the passing of the holy month and the second one is held approximately two and half months later to celebrate the end of the annual pilgrimage to Mecca, the Hajj. On Eid days due to the large numbers attending the centre for special morning prayers; we hold three separate prayers to accommodate the extra attendees.

Page 2

STATEMENT OF TRUSTEES RESPONSIBILITIES

Charity law requires the trustees to prepare statements of accounts for each financial year. In

preparing those financial statements, the trustees are required to:-

The trustees are responsible for keeping proper accounting records which 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 Charity (Accounts and Audit) Regulations 1995 and FRS 102 SORP.

Chairman Date : 30/11/2024 Mr. Rzgar Cardo

Page 3

INDEPENDENT EXAMINER’S REPORT

TO THE TRUSTEES OF MANCHESTER ISLAMIC AND CULTURAL CENTRE

I report on the accounts of the Manchecter Islamic and Cultural Centre, registered charity number 1144802 for the accounts year ended 30 November 2024 which are set out on pages 5 to 9.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity's trustees are responsible for the preparation for the accounts in accordance with the requirement of the Charities Act 2011 (''the Act''). The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.

It is my responsibility to:

BASIS OF INDEPENDENT EXAMINER'S REPORT:

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts 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 I do not express an audit opinion on the view given by the accounts.

INDEPENDENT EXAMINER’S STATEMENT:

In connection with our examination, no matter has come to my attention;

. to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or

Mr. Farroukh Zaheer (FCCA) Zaheer and Company Chartered Certified Accountants and Registered Auditors 63 Kingsway Burnage Manchester M19 2LL Date:

Page 4

MANCHESTER ISLAMIC AND CULTURAL CENTRE

RECEIPTS AND EXPENDITURES ACCOUNT

FOR THE YEAR ENDED 30TH NOVEMBER 2024

Notes
INCOME AND ENDOWMENTS
DONATIONS AND LEGACIES
1
GOVERNMENT GRANT AND GIFT AID
Rental Income
TOTAL INCOME
LESS: EXPENDITURE
EXPENDITURE ON RAISING FUNDS
4
EXPENDITURE ON CHARITABLE ACTIVITIES
4.1
TOTAL EXPENDITURE
NET INCOME / EXPENDITURE
TOTAL FUNDS BROUGHT FORWARD
TOTAL FUNDS CARRIED FORWARD		 £
£
£
£
Un-restricted
Restricted
Endowment
Total
Funds
Funds
Funds
55,212
-
-
55,212
9,618
-
-
9,618
1,419
-
-
1,419
66,249
-
-
66,249
3,529
-
-
3,529
2,787
-
-
2,787
6,315
-
-
6,315
59,934
-
-
59,934
710,169
-
-
710,169
770,103
-
-
770,103
2023-24		 2022-23
£
Total
116,425
-
1,200
117,625
3,661
11,349
15,010
102,614
607,555
710,169

Page 5

MANCHESTER ISLAMIC AND CULTURAL CENTRE

BALANCE SHEET

AT 30 NOVEMBER 2024

Notes
FIXED ASSETS
Tangible Assets
3
CURRENT ASSETS
Cash at bank and in hand
CURRENT LIABILITIES
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR
Accruals
4
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
TOTAL NET ASSETS
The Funds Of the Charity:
Funds b/f
Income of receipts over expenditure for the year
6		 2023-24
£
545,255
225,418
225,418
570
570
224,848
770,103
770,103
710,169
59,934
770,103		 2022-23
£
469,195
242,294
242,294
1,320
1,320
240,974
710,169
710,169
607,555
102,614
710,169

We approve these accounts and confirm that we have made available all the information and explanations for their preparation.

Date : 26/09/2025

Chairman Mr. Rzgar Cardo

Page 6

MANCHESTER ISLAMIC AND CULTURAL CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30TH NOVEMBER 2024

Note: 1
INCOME AND ENDOWMENTS
Donations and Legacies
Government Grant
Gift Aid
Rental Income		 Un-restricted
£
55,212
-
9,618
1,419
66,249		 Restricted
Endowment
Total
£
£
£
-
-
55,212
-
-
-
-
-
9,618
1,419
-
-
66,249
2023-24		 2022-23
Total
£
116,425
-
-
1,200
117,625

Note: 2

ACCOUNTING POLICIES

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with Recommended Accounting Practice 2015', (FRS 102 SORP), and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRSSE SORP 2015 in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Accounting convention

The financial statements are prepared, on a going concern basis, under the historical cost convention. The charity is mainly dependent on continuing donations and as a consequence the going concern basis is also dependent on the continuing of donations.

Incoming resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.

Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.

Recognition of liabilities and expenditure

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fund raising purposes.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

All costs are allocated between the expenditure categories of Statement of financial activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly , and others are apportioned on an appropriate basis.

Page 7

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. It is the policy of the Board of Trustees to carefully monitor the application of those funds in accordance with the restrictions placed upon them.

Note: 2.1

LIABILITY TO TAXATION

As a registered charity, the organisation is exempt from income and corporation tax to the extent that its income and gains are applied towards the charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

Note: 3
VOLUNTEERS
The average numbers of employees
during the year were;
Volunteers
Note: 3.1
TRUSTEES REMUNERATION		 Number
4		 2023-24 Total
4		 2022-23 2022-23
Total
4

All trustees provide their services to the charity free of charge without any remuneration.

Note: 4

EXPENDITURE ON RAISING FUNDS

Note: 4
EXPENDITURE ON RAISING FUNDS
Un-restricted
£
Heat & Light
Usage
2,326
Rates
Area
1,203
3,529
Note: 4.1
EXPENDITURE ON CHARITABLE ACTIVITIES
Accountancy fee
Usage
660
SUPPORT COSTS:
Insurance
Usage
945
Bank Charges
Usage
441
Depreciation
Usage
35
Telephone & Internet
Usage
706
General Expenses
Usage
-
2,787
Basis of
allocation		 Restricted
£
-
-
-
-
-
-
-
-
-		 Endowment
£
-
-
-
-
-
-
-
-
-		 Total
£
2,326
1,203
3,529
660
945
441
35
706
-
2,787		 Total
£
2,460
1,201
3,661
660
835
1,451
41
8,024
339
11,349
Accountancy fee
Usage
SUPPORT COSTS:
Insurance
Usage
Bank Charges
Usage
Depreciation
Usage
Telephone & Internet
Usage
General Expenses
Usage

Page 8

Note: 5

TANGIBLE ASSETS:
Cost
At 1st Dec 2022
Addition
At 30th November 2023
Depreciation
At 1st Dec 2022
Charge for the year
At 30th November 2023
Net Book Value
At 30th November 2023
At 30th November 2022
Note: 6
Cash at Bank HSBC
Cash at Bank Al Rayan
Cash in Hand
Note: 7
CREDITORS: Amount falling due within one
Accruals and other Creditors
Note: 8
ACCUMULATED FUNDS
Opening Funds as at 01/12/2022
Net income/expenditure
Closing funds as at 30/11/2023		 Freehold
property
468,960
76,095
545,055
-
-
-
545,055
468,960
year
Un-restricted
710,169
59,934
770,103		 Fixtures
& Fittings
1,604
1,604
1,369
35
1,404
200
235
195,834
29,459
125
225,418
570
570
Restricted
Endowment
-
-
-
-
-
-
2022-23		 Total
470,564
76,095
546,659
1,369
35
1,404
545,255
469,195
Total
710,169
59,934
770,103		 212,807
29,439
48
242,294
1,320
1,320
2021-22
Total
607,555
102,614
710,169

Page 9