2024-03-31-accounts

Trustees. Annual Report for the period Period slart date 01 Dril Period end date 31 2023 2W24 From To Section A Reference and administration details Charlty name ISLAMIC WAQF FOUNDATION Other nam•s charfty Is known by 1148320 Reglstsrod charlty number (If any) Chaiity's prlnclpal address 40 Manitoba Road, Lol¢e$tsr Postcode LE1 2FT Names of the charity trustees who manage the charlty Dates acted rf not for who Tru¥teè nam• Off￿ (rf any) N•m• of p•r8on lor botyl •ntitl•d Int trus Ifan MR. AHMED ALI GUREY MR. ABDALLA M MOHAMUO MR. ABDI AZIZ M ISSE MR. MOHAMMED ABDULLAHI SAID MR.ABDIRAHMAN ALI MIRE Names of the trustses for th• charlty, If any. (for example. any custodlan trustee51 Name Dates aGted rf not for whole Names and addresses of advlsers (Opfjonal Inforn)atlon) of advisor Name Address Namo of chiof exacutivo or nam•s of senior stsff members (Optional infomiation) TAR March 2012

Section B Structure, governance and management Descrfptlon of thé charfty's trusts Trust Deed signed on the 19th July 2012 Type of goveming document How the charity is constituted Charitable Trust Trustee selection methods Majority 8ppointed by trustees Additional gov•mance Issues {Optional Inforniatlon) You may choose lo indude additional infomation, where relevant, aboul". policies and procedures adopted for the induction and training of tNstees" the Charity's organisational structure and any wider netsvork with bvhich the charity works.. relationship with any related parties; trustees, consideration of major risks and the system and prowjures to manage them. Section C Objectives and activities To advan￿ the religion of Islam, by means of, but not exdusively. pvomoting the teachings and tenels of Istam, provision of facilitps for v￿rshIp and provision of faulitles for Islamic education, in accordan￿ with the teachings of the Qurfaan and the Sunnah ofthe Prophet Muhammad (PBUH) as defined and interpreted by the Ahle Sunnah Wal Jamaa-ah,. Summary ofthe objects ofthe charlty set out in its gov•ming document The advan￿ment of education, by means of, but not exclusively, the provision of schools, training, supplementary dasses, community leaming programmes and any such activilies as the Trustses may detemine from time to time. To relieve finanaal hardship among the pcyJr, the unde rivil ed, victims of natural and man-made TAR March 2012

disasters and Feople in need, by means of, but not exdusively, making grants or loans for providing or paying for items, equipment, serVi￿S and facilities for the tenefrt of the said persons. (iv) To relieve sickness and to preserie good health among people in need, by means of, but nol exclustvely, the provision of, education, practiGg1 advice. including the provision of sporting activities for the benefit of Ihe said persons; (v) To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occUp￿.0n of individLtals who have need of such facilitres by reason of their youth, age infimity or disabilrty. financial hardship or social arcumstances with the object of improving their conditions of life; (vi) To promote sUstaina￿e development for the benefFt of the public by the preseprfation, wnseNation and the protection of the environment and the pwd8nt use of ffjsources, and the promotion of sustainable means of achieving economic growth and regeneration, such that sustsinable development means development which meets the needs of the present wrthout compromising the ability of future generations to meet their own needs,. (vii) To promote any other charitable purpose for the benefit of those in need that the Trustees from time to time detemine. This year the charity has continued to albw the use of the building to Quba Edu¢*on & Culiural Association rent free which has attracted over 700 regular worshippers induding fapilities for women and children. The charity also Provided Iftar meals during Ramadhan. The charity continued to raise funds for the Mosque property extension to allow for more worshippers to attend. Summary oftho main activltles undertaken for tho publlc beneflt in relatlon to th8$0 objects lincludo within thls sectlon the statutory declaratlon that trustses hav• had regard to the guklance Issued by the Charlty Commlsslon on public bene The trustees have had regard to the guidance issued by the Chafity Commission on public benefrt and are satisfied that the charity is benefitting the public. Addltlonal detslls of obJectlv•s and actlvttles (Optlonal Infommtlon) TAR Marth 2012

You may chooso to indude further statements, where relevant. about.. policy on gr8ntmaking', policy programme related investment; contribution made by volunteers. Section D Achievements and perforniance Summary ofthe main achievements of tho charlty durfng the year This year th8 charity has continued to allow the use of the building to Qub8 Education & Cultural Assoaation rent free which has attracted over 700 regular worshippers including faalities for women and children. The chanty also provided Iftar meals dunng Ramadhan. The Chanty continued to raise funds for the Mosque property extension to allow for more worshippers to attend Section E Financial review The charity secured donations of £27,486 and interest of £990 during the period, giving a total income of £28,476. It had expenditure of £6,605 for the y68r, which was mainly the staff costs, catering and professional costs. This generated a Surplus of £21,871 which was added to prior year resepies. The charity held £107,079 as resefves (not induding the propety asset) to pay for the propety extension and refurbishment project in the coming years. There is no policy to retain res6Nes and all surplus funds will be spent on future charitable aclNities and Jministrative costs. Brief statem•nt of the charfty's policy on reserves Detsils of any funds matsrlalty in deficlt Further flnancial review details (Optional infomiation) TAR 2012

You may choose to indude additional infomiation, where relevant about.. the charity's principal Sources of funds (induding any fundraising)., how expenditure has supported the key objedives of the charity. investment policy and objectives induding any ethical investment policy adopted. Section F Other optional information A total of £10,663 was paid to trustee A Mohamud for seplices rendered to the charity. Section G Declaration The trnstees declare that they have approved the trustees, report above. Signed on behalf of the charlty's truste•s Slgnature(s) -&VAaivAPA MR. ABDALLA MOHAMUD Full namo(s Posltion log Secretsry, Chair, otc) CHAIRMAN & TRUSTEE Date 3010112025 TAR Ma￿h 2012

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ ISLAMIC WAQF FOUNDATION members of

On accounts for the year 31 MARCH 2024 Charity no 1148320 ended (if any) Set out on pages 1-2

(remember to include the page numbers of additional sheets)

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. .

It is my responsibility to:

• examine the accounts under section 145 of the Charities Act,

• to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and

• to state whether particular matters have come to my attention

Basis of independent My examination was carried out in accordance with general Directions given examiner’s statement by the Charity Commission. An examination includes a review of 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 the 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 is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent

examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: MSuleman

Date: 30/01/2025

IER

December 2017

1

Name: M Suleman

Relevant professional qualification(s) or body (if any):

Accountant

Address:[c/o Fusion Accounting Ltd ]

398A East Park Road, Leicester, LE5 5HH

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of None any items that the examiner wishes to disclose .

IER

December 2017

2

CHARITY COMMISSION FOR ENGLAND AND WALES ¢horlty Namo ISL4AIIC WAQF FOUNDATION No111 any) 1148320 Receipts and payments accounts CC16a For t￿ ￿rIOd from Penc#J stsrt date To 01104r2023 3110Y2024 Section A Receipts and payments Unr¢strf¢t•d fund R8Strfct4d fund• Endowm8nt fund• Total funds Lut y••r toth• wro•t £ to th• n•arwt£ * lh• n•arort£ to th• n•r••t£ totho n•irt•tÉ A1 R￿1 709 19.696 19,898 Intvest 178 mss income AR) 24478 12,887 A2 Asset and Invesknont salgs, Isee table). A3Pa staff o)sts Catenn P￿nnIng Costs Fa8$ Sundry Expense6 onts 434 10,663 8,1t#J 760 1,610 171 Sub total 21.318 A4 Awt and Inv•8tment urchas•s $88 tsble Sub tot•1 6.605 ,606 Pl•t of r•cdptrfpayments) A6 Transfers between lunds A6 Cash fund$ l•st y••r ond Cash funds this y••r end 21.871 21.871 8M81 107. 107.079 86,2 CCXX R1 8￿u￿ts l&%) 30101r2025

Section B Statement of assets and liabilities at the end of the period Unr•4trkt•d R•strlct•d lund$ funds Endowm•nt funds Categories Details to Mqr•&t£ to B1 Cash funds Cash al 107.079 Tot•1 c•8h funds 107.079 R•stri¢t•d funds Endowm•nt funds funds ton•r•btE Detsi15 to Fund towhkh Curr•nt valu• Dets¥ls Co•t loploMII B3 Inv•8tmonl assets . za£a Fyhd t¢+whl¢h ¢wr•ntvalu• Details 21 fttbome Strert l￿$¢•r 84 As•èts rntslned for the harlty's own u#• Re5trthd Fynttto whl¢h Ilblll relts Jnount4J• Wh•n du• Oetails 85 Liabilltiag Arxountancyfeg5 2023 ArLoUn￿nCYlO0S 2024 General s￿Oned by one or knvo Irl￿ on beh81t of all the tru$te88 SwJnatur Print N•mo Dato of rovsl ABDALLA MOHAMUD 3010112(Y25 CCXX R2 acwjrts ISSI 30101r2026