Shajalal Mosque & Islamic Cultural Centre Report and Accounts 31 March 2023 Registered number 1145075 Omega Accountants Ltd Certified & Intemational Accountants 223 Wickham Road. Croydon, CRO 8TG Tel.. 020 8604 8860 Fax: 020 8604 8862 info@omegaaccountants.co.uk Shajalal Mosque & IslamiG Cultural Centre Report and accounts Contents Page Organisational information Executive committee's reFQrt Independent Examiners, report Statement of Financial acb"vilies ISOFAI & comparatives Income and expenditure ststement Balance sheet 4-5 Notes to the accounts Detsil Income & ExFenditure 9-10 11 Shajalal Mosque & Islamic Cultural Centre Organisational Information Officers Muhammad Amtor Ali - President Giash Uddin - Secretary Eawor Ali- Treasurer Licensed Independent Examiner S F Reza. FAAT. FAiA FArr. ICPA Assurance, R•view & Rlsk Manag•mgnt Hamza Saeed Bajwa FCCA ACCA Registration number. 1373299 Omega Accountsnts Ltd 223 Wickham Road Croydon, CRO 8TG Tel 020 8604 8860 {2 lines} Fax 020 8604 8862 info@omegaaccountants.co.uk Bankers Lloyds TSB George Street Croydon Registered office 170 Handcroft Road Croydon CRO 3LL Charlty number 1145075 Shajalal Mosque & Islamic Cultural Centre Executive Committee's Report The director presents his report and accounts for the year ended 31 March 2023. Principal activities The organisation's principal acb'vty during the year continued to be that of a mosque and Islamic cultural centre as desuibed below Introduction The ECM present th8ir annual report and accounts for the year ended 31 March 2023. The ECM is satisfied the performance of the charity during the year and the position at the balance sheet date and ¢onsider that the charity is in a strong position to continue its activities during the coming year, and that the charitys assets are adequate to fijffil its obligations provided continued support from the users and members are available. Name, registered office and ¢onstitution of the ¢harity Name of the organisats"on'. Shajaial Mosque and Islamic Cultural Cèntre Legal Status.. Unincorporated body with chartsble objectives Address details: 170 Han¢roft Road, Croydon, CRO 3LL Goveming body.. Executive Committee. under the Trustees Day to day management.. De￿ated to P￿SIdent. Secretary and Treasurer. Date setup.. 2002 Charrtable Status". UK Registered Local Chartty Fully paidup trustees at the signing of the balance $heeL Muhatnmad AmroT Ali 2. Giash Uddin 3. Eawor Ali Hurnayun Kabtr Moinul Islam 6. Aktis Mftah 7. Abdul m￿]n 8. Abdun Noor 9. Syed Farhad RezA A summary of the objects of the charlty as set out in its goveming document l. To adwdnce Islamic Teligion and education in accordan￿ with the tenants of Islam. 2. Da'wah activities in furtherance of the above. 3. Ta'alim- teaching of the Noble Quean and Sunnah, Islamic laws. tts requirement and prohibitions and educate people in the Islamic way of life. society. family, its doctrine and practices with emphasis on peace. community cohesion and tolerance. Educate people in tolerance and interaction with other falths and beliets. Executl¥e Committee Members are: l. Muhammad Amtor All 2. Giash Uddin 3. Eawor Ali (Runul 4. Humayun Kabir 5. Motnul Islam 6. Syed Farhad Reza 7. Abdul Munaim Shajalal Mosque & Islamic Cultural Centro Executive Committeo's Report The director presents his report and accounts for the year ended 31 March 2023. Funds structure policy Th8 charity maintains a gen8ral unrestslcted fund whKh ￿p￿sents funds wh￿h aTr expendable at the discretion ofthe ECM in furtherance ofth8 obi8cts of the chaiity. Such funds may be held in order to finance wothing capitsl. Restricted fvnds have been provided to the chanty fora particu1arpurl￿e, and it is the policy of the ECM to carefvlly monitor the applicatm of those funds in accordanca with the r&striclions placed uptsn them. Capital grants The ECM consider that in order to compty with the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales ISORP 2005 & SORP 2007}, gffts of tangibb fixed assets or grants of a capital nature given for specific purposes and fully uts"lised in the furtheranee of the objects of the charity should be credited to the relevant fixed asset fund after the sums have been propedy expended on the restricted purpose. The related asset is shown in the balance sheet at the fvll ¢ost of acquisition or subsequent revaluation. Reserve Policy The Members of the Committee IECMI have established a policy of reserve, whereby the unrestricted funds held by the Charity should be equivalent to six months operatin9 Cost at 2022123 levels, which should equate to at least £45,000 in general funds. At this level, the ECM feels that they should be able to continue the current activiti.es of the charity in the event of a significant decrease in fvnding_ 11 would also be necessary to consider how decrease in such funding would be replaced or activities changed. Although at present. the Un￿tricted reserves reach this targec but the trustees are considering ways in which additional unrestricted funds may be raised. Principal funding sources and how expenditure In the year under review has supported the key objectives of the charity. The principal fvnding sources are general donab.ons received from the LTrsers of the charity and a small amount received from Gift Aid. The funding supports the ernploymenl of members of staff who carry out the work of co-ordinat.ng the engagement of chaws policy 8nd decision making, building the capacty of Shahjalal Mosque and Cultural Centre with voluntary and community sector organisations and promoting communjty cohesion and equalty and countering extremism. Independent Examiners. report on th8 accounts of Shajalal Mosque & Islamic Cultural Centre To the Executive Committ88 of Shajalal Mosque & Islamic Cultural Centre We have carried out independenl examination of the accounts of Shahjalal Mosque and Islamic Cultural Centre, Croydon fr)r the year ended 31 March 2022 Which comprise the Profit and Loss Account. the Balance Sheet. the Statement of Total Recognised Gains and Losses and the related notes and Statemenl of Financial Activities. These have t*en reviewed by third party qualffied accounlants to M￿gate any conflict of interest These financial statements have beert prepared in a¢¢ordance with the Charities Act 2006 and with the Financial Repottng Standard for Smaller Enttties, effective January 2005, and in accordanee the requirements of the Statement of Recommended Practice for Accounting and Reporbng {2005 and 2007} issued by the Charity Commissioners for England & Wales. adapted to meet the needs of unincorporated organisations, under the historical cost convention and in accordants vAth the accounting wl¢cie$ set out in the notes to the financ￿1 statements. Scope This report is made solely to the organisabon's members, as a body, in accordan th Section 235 of the Companies Act 2006. Our work has been undertaken so that we might stste to the companls members those matters we are required to state to them in an examination report and for no other purpose. To the fvllest extent permitted by law, we do not accept or assume responsibil'ty to anyone other than the company and the company's members as a l)ody, for our work, for this report, or for the opinions we have fomied. The terms of our engagement exelude any requirement to cary out a comprehensive assessment of the risks of material misstatemenl, a consideration of fraud. laws, regulations and intemal controls, and we have not done so. We are not required to. and we do not. eXP￿S an audrt opinion on these accounts. Respective responsibilities of ECM and the independent examiners The charity's ECMS is responsible for the preparatson of the accounts. The charity's ECM Consider that an audrt is not required for this year {under section 43121 of the Charities Act 1993 (the 1993 Act)} and that an independent examination is needed. It is our responsibility to.. examine the accounts {under section 4313){a) of the 1993 Act).. to follow the pr¢xedures laid down in the General Direcb"ons given by the Charty Commissioners (under section 43(71{bl of the 1993 Act)". and . to state whether particular matters have come to our attention. BASIS of independent esaminer5' re￿rt Our examination was ¢arried out in accordance with the General Directions given by the Charity Commissioners. An examinab.on includes a review of the accounting records kept by the ECM and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as ECM conceming any such matters. The procedures undertaken do not provide all the evidence that wosjld be required in an audit and, consequenty. we do not express an audit opinion on the view given by the accounts. Conclusion - Independent Examinerfs statement In connection with our examinab"on, no matter has come to our attention.. 11) which gtves us reasonable cause to believe that. in any material respect, the requirements.. • to keep accounb.ng records in accordance ¥￿th $41 of the 1993 Art and . to Prepa￿ accounts which accord with the accounb'ng records and to compty with the accounting requirements of the 2006 Act have not been mel,. or 12} to which, in our opini attention should be drawn in order to enable a proper understandin accounts to be reached. S F Reza. FAAT, FAIA, FArr. ICPA Assurance, review and risk management Hamza Sa••d Baiwa FCCA Ornega Accountsnts Ltd Certified & Intemats'onal Accountants 223 Wickham Road Croydon Shajalal Mosque & Islamic Cultural Centre ststement of Financial Activities for the year ended 31 March 2023 Total Funds Last Yoar Totsl Funds Fun Fund5 2023 2023 2023 2022 Othfjr Incoming Resources Donations- Members and other donations Donations- Ramadan & Eid Donations- Friday Donations- {Zakat and other such donations) Hifz and madrassa Gift Aid Ineoming resourc•s frcvn charitsblo actlvltles 6,059 5.711 35,212 1,590 41,457 15.935 105,964 6,059 5.711 35,212 1.590 41,457 15,935 4,186 1,045 25,669 505 37,100 15,979 84,484 HMRC grants {2022) l Flood Appeals120231 3.078 3,078 16,177 Resources expended Costs of gen8rating funds Communication & marketing Staffing & associated Costs Costs of charitablg activlti6S 3,979 78,340 82,319 3.979 78.340 82,319 1,380 63,921 65,301 Governance costs Other rèsources ex￿ndfjd Adminstration Professional fees Total resources expended 19.458 1,500 103.277 19,458 1,500 12,659 3,844 81,804 Net incoming resources before transfers between funds 5.765 Gross transfers between funds Net incoming resources before Other recognised gains and losses 5,765 5,765 18.857 Net movement in funds 5.765 5,765 18,857 Reconciliation of funds Total funds brought fonvard Prior year adjustment Totsl Funds carried forward 421.674 9,430 418.009 421.674 9,4301 418,009 402,817 421674 All activltles dgrive from continuing operations Shajalal Mosque & Islamic Cultural Con In¢ome and Expenses Account for the year ended 31 March 2023 2023 2022 Income receivable 109,042 100,661 Administrative expenses (103.277) 181,8041 Oporating surplus 18,857 Totsl surplus for the year 5,765 Total surplus for the financial year 5,765 18,857 Shajalal Mosquè & Islamlc Cultural Centre Balance Sheet as at 31 March 2023 Notss 2023 2022 Fixed assets Tangible assets 358,025 353,380 Current a￿ets Debtors Cash at bank and in hand 15,935 53,999 69.934 25,110 56,082 cr￿ltOrs. amounts falling duo wlthln one year {9,950) {12.8981 Net current assets 59,984 68,294 Net assets 418,009 421,674 Capitsl and regerves Unreslricled revenue accumulated funds 418.009 421,674 Net Charity funds 418,009 421,674 The director is satisfied that the company is entiued to exemption from the requirement to obtain an audFt under section 477 of the Companies Act 2006. The members have not required the company to obtsin an audit in accordance wth secb'on 476 of the Act. The director acknowledges his responsibilities for ¢omptying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of aeeounls. The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. Muhammad Amtor All Trustee-President Glash Uddin Trustee - Secretary Eawor Ali Trustee - Tresurer Approved by the board on 18 Juty 2023 Shajalal Mosque & Islamic Cultural Centre Notes to the Accounts for the year ended 31 March 2023 1 Accounting policies Basls of preparation The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporbng Standard for Smaller Entities (effective January 2015}. Tumover Tumover represents the value. net of value added lax and discounts, of goods provided to customers and work carried OLrt in re$FeCt of services provided to customers. DepreGiati( Depre¢iab"on has been provided at the f01th￿ng rate5 in order to write off the assets over their estimated useful INes. Plant and machinery 0% straight line 2 Tangible fixod assets Plant and machinery Land and buildings Total Cost At 1 April 2022 Additions 345,453 1,000 346.453 7,927 3,645 11.572 353,380 4,645 358,025 Al 31 March 2023 Depreclatlon Al 31 March 2023 Net book value At 31 March 2023 346.453 11,572 358.025 At 31 March 2022 345.453 7,927 353.380 3 Debtors 2023 2022 Other debtors 15.935 25,110 4 Cr¢dltors: arnounts falllng due wlthln one year 2023 2022 Trade creditors Other taxes and social secunty costs Other creditors {E ON) 1.950 1,500 11,398 8,000 9,950 12,898 Shajalal Mosque & Islamic Cultural Centre Notes to the Accounts for the year ended 31 March 2023 5 Income and Expen8e8 Account 2023 2022 At 1 April 2022 Surplus for the year 412,244 5,765 402,817 18,857 At 31 March 2023 418,009 421,674 6 Wages prior period error correction 10 Shajalal Mosque & Islamic Cultural Centre Detailed profit and loss account for the year ended 31 March 2023 2023 2022 Income recivable Donations - Members and other donations Donations- Ramadan & Eid Donations- Friday Donations- {Zakat and other such donats'ons) Hifz and madrassa Gift Aid HMRC grants120221 l Flood Appeals {2023) 6,059 5,711 35,212 1,590 41.457 15.935 3.078 109.042 4,186 1,045 25,669 505 37,100 15,979 16,177 100,661 Administrative 8xpens•s Employee costs.. Wages and salaries Temporary staff 69,460 8,880 59,581 4,340 63,921 Premises costs". Service charges Light and heat Cleaning 3,141 3.379 345 6.865 7,536 2,330 636 10,502 General administrative expenses.. Telephone and fax Stationery and printing Flood Relief Bank charges Insurance Lambeth Academy ONIA Isleworth Deen Centre Repairs and maintenance Dayamir Madrassa lftaar l Ramadan Zakah paid out 666 495 3,078 310 826 948 1,000 1.501 3,229 540 2.389 1,590 16.572 348 478 258 732 341 875 505 3.537 Legal and professional ¢o$ts'. Audit I reporting accountanfs fees Furlough fees and other professional fees 1.500 1.500 1,500 103.277 81,804 11