Shajalal Mosque & Islamic Cultural Centre Report and Accounts 31 March 2024 Registered number 1145075 Omega Accountants Ltd certIf￿d & Intemational Accountants 223 Wickham Road. Croydon. CRO 8TG T81.. 020 8604 8860 Fax: 020 8604 8862 info@omegaaccounlants.co.uk Shajalal Mosque & Islamic Cultural Centre Report and accounts Contents Page Organisational information Executive committee's report Independent Examiners, report Statement of Financial activities (SOFA) & comparatives Income and expenditure statement Balance sheet Notes lo the accounts 10 Detail Income & Expenditure Shajalal Mosque & Islamic Cultural Centre Organisational Information Offlcers Muhammad Arntor Ali- President Giash Uddin- Secretsry Eawor Ali - Treasurer Licensed Independent Examiner S F Reza. FAAT, FAIA. FATT. ICPA Assurance, Review & Risk Management Hamza Saeed Bajwa FCCA ACCA Registration number." 1373299 Omega Accountants 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 Chartty number 1145075 Shajalal Mosque & Islamic Cultural Centre Exècutive Committee's Report Principal activities The organisation's principal aclivty during the year continued to be that of a mosque and Islamic CLfltural centre as described below Introduction The ECM present their annual report and accounts for the year ended 31 March 2024. The ECM is satisfied wFth the performance of the charity during the year and the position at the balance sheet date and consider that the charity is in a strong position to continue ils activities during the coming year. and thal the chartvs assets are adequate to fulfil its obligations provided continued supporl from the users and members are available. Name, registered office and constitution of the charity Name of the organisation= Shajalal Mosque and Islamic Cultural Centre Legal StatL6S.' Unincorporated body with charitable objectives Address details: 170 Hancroft Road, Croydon. CRO 3LL Goveming body: Executive Commtttee. under the Trustees Day to day management." Delegated to President. Secretary and Treasurer. Date setup: 2002 Charitable Status: UK Registered Local Chartty Fully paidup trustees at the signing of the balance sheet. Muhammad Amtor Ali 2. Giash Lddin 3. Eaw'or Ali Humayun Kabir Mi)inul Islam 6. Aklis Miah 7. Abdul Maiin 8. Abdun Noor 9. Syed Farhad Reza A summary of the objects of the charity as set out in its governing document. l. To advance Islamic religion and education in accordance with the tenants of Islam. 2. Da'wah activitie5 in furtherance of the above. 3. Ta'alim - teaching of the Noble Qur'an and Sunnah, Islamic laws, its 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 faiths and beliefs. Shajalal Mosque & Islamic Cultural Centre Executive Committee's Report Executive Committee Members are: l. Muhammad Amtor Ali 2. Giash Uddin 3. Eawor Ali Iftunul 4. Humayun Kabir S. Moinul Islam 6. Syed Farhad Reza 7. Abdul Munaim Funds structure policy The chanty maintains a general unrestricted fund which represents fvnds which are expendable at the discretion of the ECM in furthera￿￿ of thè objects of the chaiity. Such funds may be held in order to finance working capital. Restricted lunds have been provided lo the chanty for a patscular purpose. and it is Ihe policy of the ECM to carefully n70nitor the appliCat￿n of those funds in accordance with the restrictions placed upon them. Capital grants The ECM consider that in order to comply with the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales {SORP 2005 & SORP 2007), gifts of tangible fixed assets or grants of a capitsl nature given for specific purposes and fully utilised in the furtherance of the objects of the charity should be credited to the relevant fixed asset fund after the sums have been properly expended on the restricted purpose. The related asset is shown in the balance sheet at the full cost of acquisition or subsequent revaluation. Reserve Policy The Members of the Commtttee (ECM) have established a policy of reserve, whereby the unrestricted funds held by the charity should be equivalent lo six months operating cosl at 2023124 levels, which should equate to at least £65.000 in general funds. At this level, the ECM feels that they should be able lo continue the current aclivitses of the charity in the event of a significant decrease in funding. 11 would also be necessary to consider how decrease in such funding would be replaced or activities changed. Although at present, the unrestricted reserves reach this target. but the trustees are considering ways in which addÈtsonal unrestricted funds may be raised. Principal fiinding sources and how expenditure In the year underreview has supported the key objectives of the charity. The prinapal funding source5 are general donations received from the user5 of the charity and a small amount received from Gift Aid. The funding supp)rts Ihe employment of members of stsff who carry out the work of co-ordinating the engagement of chartws policy and decision making. building the capacty of Shahjalal Mosque and Cultural Centre with voluntary and community sector organisations and promoting community cohesion and equality and countering extremism. Independent Examiners. report on the accounts of Shajalal Mosque & Islamic Cultural Centre To the Executive Committee of Shajalal Mosque & Islamic Cultural Centre We have carried out independenl examinats'on of the accounts of Shahjalal Mosque and Islamic CLtltural Cenlre, Croydon for the year ended 31 March 2024 Which ¢omprise the Profit and L05s Account, the Balance Sheet. the Statement of Totsl Recognised Gains and Losses and the related notes and Statement of Financial Activities. These have been reviewed by third paty qualified accountants to mitigate any conftict of inlerest. These financial statements have been prepared in accordance with the Charities Act 2006 and with the Financial Reporting Standard for Smaller Entities. effective January 2005. and in accordance the requirements of the Slatement of Recommended Practice for Accounting and Rewrbng (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 accordance with the accounting policies set out in the notes io the financial statefflents. Scope This report is made solely to the organisation's members. as a body. in accordance with Section 235 of the Companies Act 2006. Our work has been undertaken so that we might stale to the company's members those matters we are required to state to them in an examination report and for no other purpose. To the fullest extent permitled by law. we do not accept or assume responsibility to anyone other than the company and the CoMpan￿S members as a body. for our work, for this report, or for the opinions we have formed. The terms of our engagement exclude any requirement to cary out a comprehensive assessment of the risks of material misststemenl, a consideration of fraud. laws. regulations and internal controls, and we have not done so. We are not required to. and we do not, express an audit opinion on these accounts. Respective responsibilities of ECM and the independent examiners The charity's ECMS is resFrf)nsible for the preparation of the accounts. The charitys ECM 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 independenl examination is needed. It is our responsibility to.. examine the accounts (under section 43(3)(a) of the 1993 Act): lo follow the procedures laid down in Ihe General Directions gwen by the Charity Commissioners (under seclion 43{7llb) of the 1993 Act),. and • to state whether particular matters have come to our attention. Basis of independent examiners. reporl Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examinalion includes a review of the accounting records kept by the ECM and a comparison of the accounts presented with those records. 11 also inclLJdes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as ECM con¢eming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently. we do not express an audrt opinion on the view given by the accounts. Conclusion - Independent Examinerfs statement In connection with our examination. no matter has come to our attention.. (1) which gives us reasonable cause to believe that, in any material respect. the requirements.. lo keep accounting records in accordance with s41 of the 1993 Act,. and . to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2006 Act have not been met", or (21 to which. in our opinion. attention should be dravm in order to enable a proper understanding of the accounts lo be reached. S F Rgza. FAAT. FAIA, FATT, ICPA Assurance. review and risk management Hamza Saeèd Bajwa FCCA r* Omega Accountants Ltd Certified & International Accountants 223 Wickham Road Croydon CRO 8TG 24 January 2025 Shajalal Mosque & Islamic Cultural Centre Statement of Financial Activities for the year ended 31 March 2024 Unrestrlcted R•strict•d Funds Funds Last Year Total Funds Funds 2024 Other Incoming Resources Donations - Members and other donations Donations - Ramadan & Eid Donations - Friday Donations - (Zakat and other such donations) Hifz and madrassa Gift Aid InGoming resources fmm charitable activities 2024 2024 2023 2.820 6.791 39,715 9.335 47.206 16,093 121.960 2,820 6.791 39,715 9.335 47.206 16,093 121.960 6.059 5,711 35,212 1,590 41,457 15,935 105,964 Flood Appeals12023} 3.078 Resources expended Costs of generating funds Communication & marketing Staffing & associated costs Costs of charitable activities 13.178 81.936 95.114 13.178 81,936 95,114 3.979 78.340 82,319 Governance costs Other resources expended Adminstration Professional fee5 Total resources expended 16,672 2.850 114,636 16.672 2.850 114.636 19.458 1,500 103,277 Net incoming resources before transfers between funds 7,324 7.324 5.765 Gross transfers between funds Net incoming resources before Other recognised gains and losses 7.324 7.324 5.765 Net movement in funds 7.324 7.324 5.765 Reconciliation of funds Total funds bmught foRward Prior year adjustment Total Funds carried forward 418,C(J9 418.CKJ9 421,674 9,430 418.009 425,333 425.333 All activitles derive from continulng operations Shajalal Mosque & Islamic Cultural Centre Income and Expenses Account for the year ended 31 March 2024 Notes 2024 2023 Income receivable 121,960 109.042 Administrative expenses (114,636) {103,277) Operating surplus 7,324 5,765 Total surplus for the year 7,324 5,765 Total surplus for the financial year 7.324 5,765 Shajalal Mosque & Islamic Cultural Centre Balance Sheet as at 31 March 2024 Notes 2024 2023 Fixed assets Tangible assets 358,025 358,025 Current assets Debtors Cash at bank and in hand 6,500 70.759 77.259 15,935 53,999 69,934 Creditors: amounts falling due within one year (9.951) 19,950) Net current assets 67,308 59.984 Net assets 425.333 418,009 Capital and reserves Unrestricted revenue accumulated funds 425,333 425.333 418,009 418,009 Not Charity funds The director is satisfied that the company i8 entitied to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Act. The director acknowledges his responsibilities for complwng with the requirements of the Companies Act 2006 with resp8Ct to accounting records and the preparation of accounts. The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Acl 2006 applicable to companies subject to the small companies regime. Muhammad Amtor All Trustee -President Giash Uddin Trustee - Secretsry Eawor Ali Trustee - Tresurer Approved by the board on 24 January 2025 Shajalal Mosque & Islamic Cultural Centre Detailed profit and loss account for the year ended 31 March 2024 2024 2023 Income recivable Donations - Members and other donations Donations- Ramadan & Eid Donations - Friday Donations - (Zakat and other such donations) Hifz and madrassa Gift Aid Flood Appeals {20231 2,820 6,791 39,715 9.335 47,206 16.093 6.059 5,711 35,212 1.590 41,457 15,935 3,078 109,042 121,960 Adminlstrative expenses Employee costs-. Wag8s and salaries Temporary staff Iteachars) 69.811 12,125 81,936 69.460 8.880 78,340 Premises costs.. Service charges (water charges) Light and heat Cleaning 5.818 1.109 1,040 7.967 3.141 3,379 345 6,865 General administrative expenses- Telephone and fax Stationery and printing Flood Relief Bank charges Insurance Lambeth Academy ONIA l Other fund raisings Isleworth Deen Centre Repairs and maintenance Dayamir Madrassa l Masjid Aysha lftaar l Ramadan Zakah and Gaza Appeal paid out 731 869 666 495 3,078 310 826 948 1,000 1,501 3.229 540 2,389 1,590 16,572 310 1.800 3.346 800 5,043 8.135 21.883 Legal and professional costs-. Audit I reporting accounlanfs fees Consultancy fees - Gift Aid 1.5CKI 1,350 2.850 1,500 1.500 114.636 103.277 Shajalal Mosque & Islamic Cultural Cenlr• Notes to the Accounts for the year ended 31 March 2024 1 Accounting policles Basis of preparation The accounts have been prepared under the historical cost convention and in accordance wtth the Financial Reporting Standard for sMal￿r Entities (effective January 2015). Turnover Turnover represents the value. net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. Depreciation Depreciation has been provided at the following rates in ord8r to vffite off the assets over their estimated useful lives. Plant and machinery 0% straight line 2 Tangible fixed assets Planl and machinery etc Land and buildings Total Cost At 1 April 2023 At 31 March 2024 346.453 346,453 11,572 11,572 358.025 358.025 Depreciation At 31 March 2024 Net book value Al 31 March 2024 346.453 11,572 358.025 At 31 March 2023 346,453 11.572 358,025 3 Debtors 2024 2023 Other debtors 6,500 15,935 4 Creditors." amounts falling due within one year 2024 2023 Trade creditors Other creditors (E ON) 1,951 8,000 9,951 1,950 8,000 9,950 10 Shajalal Mosque & Islamic Cultural Cenlre Notes to the Accounts for the year ended 31 March 2024 5 Income and Expenses Account 2024 2023 At 1 April 2023 Prior year adjustments At 1 April 2023 Surplus for the year 418.009 412,244 418,009 7,324 5,765 At 31 March 2024 425,333 418,009