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2022-03-31-accounts

Charity registration number: 1148437 Company number: 08151041

Preston Muslim Society - Masjid-e-Salaam (A company limited by guarantee)

Report and Accounts

31 March 2022

Preston Muslim Society - Masjid-e-Salaam Contents

Page
Charity Information 1
Trustees report 2
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the accounts 8

Preston Muslim Society - Masjid-e-Salaam Charity Information for the period ended 31 March 2022

Address

Soloman House Belgrave Court Fulwood Preston Lancashire PR2 9PL

Charity registration number: 1148437 Company number: 08151041

Trustees

Mr Ayub Vali Bux (Chair) Mr Abdul Samad Tailor Mr Farouk Ahmed Assenjee Mr Ibrahim Gulam Manman Mr Iqbal Vali Bux Mr Mohammed Zafar Saiyed Mr Rafique Ahmed Omer Mr Anwar Essa Mr Ibrahim Umarjee Bargit Mr Ilyas Suleman Patel Mr Yakub Ismail Ahmed Mr Yusuf Ibrahim Moosa Mr Ayub Mitha Mr Hussein Arif Patel Mr Maksud Patel Mr Siraj Ibrahim Patel Mr Rizwan Seth

Appointed independent examiner

M A Ibrahim (FCCA)

Accountants

M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE

Bankers

HSBC Fishergate Preston PR1 8BQ

1

Preston Muslim Society - Masjid-e-Salaam (A company limited by guarantee) Trustees’ annual report (including Directors’ report) for the period ended 31 March 2022

Charity registration number: 1148437 Company number: 08151041

The Annual Report is fully SORP compliant and sets out how the trustees have met their obligations.

The Financial Statement is fully SORP compliant and includes the incoming resources and resources expended.

Objectives and activities

The objects of the charity are set out in the Memorandum and Articles of Association and are summarised as follows:

To advance the religion of Islam in accordance with the doctrines and beliefs of the Sunni Hanafi sect of Muslims accepting the Tablighi Jamaat as a Dawah organisation.

To preserve the Islamic culture and tradition and to establish the social and religious order of Islam with a view to seeking the pleasure of Allah in this life and in the hereafter.

To promote, encourage and advance the religious education and activities of the society's Muslim inhabitants in Preston by provision of mosque and Madressa premises for the teaching and propagation of the Holy Quran and Hadith and the principles and tenets of Islam to all Muslims.

To make provisions for Salah (Namaaz) worship, fasting, other prayers and religious ceremonies to include Nikah, funeral and burials, lectures, meetings and seminars.

To organise and undertake such other projects consistent with the spirit of Islam as the society's trustees may decide from time to time.

In setting our objectives and planning our activities our Trustees have given careful consideration to the Charity Commission's general guidance on public benefit.

Achievements and performance

The Charity carries out a wide range of activities in pursuance of its charitable aims and the Trustees consider that these activities provide benefit to those who worship at the Mosque.

Our Mosque provides a centre for worship and prayers and for the activities associated with our faith.

Our religious services and activities include:Prayers: The Mosque is open all day.

Festivals: The Mosque provides refreshments during Ramadan for those attending our Mosque who wishes to break the fast together.

Funerals: The Mosque provides a complete funeral service in line with the teachings of Islam.

Ceremonies: The Mosque provides an appropriate location for religious ceremonies such as Nikah (Islamic marriage).

Islamic awareness: The Mosque provides a location for lectures which is open to all, to promote Islamic knowledge and awareness.

Community activities: Our Mosque provides location for meetings and seminars for local groups and organisations.

2

Preston Muslim Society - Masjid-e-Salaam (A company limited by guarantee) Trustees’ annual report (including Directors’ report) for the period ended 31 March 2022

We want to promote, encourage and advance the religious education and activities of the Society’s Muslim inhabitants in Preston by provision of Mosque and Madressa premises for the teaching and propagation of the Holy Quran and Hadith and the principles and tenets of Islam to all Muslims.

An important part of our strategy is to make provision for Salah (Namaaz) worship, fasting, other prayers and religious ceremonies to include Nikah, funeral and burials, lectures, meetings and seminars. Finally to organise and undertake such other projects consistent with the spirit of Islam as the Society’s Trustees may decide from time to time.

Financial review

The Charity’s main source of income is public donations. During the period we received £154,967 in Lillah donations including £10,700 in Gift Aid refund from H M Revenue & Customs.

The Trustees actively review all major risks which the Charity faces and drawn up a risk assessment which is reviewed at every meeting. The Trustees are satisfied that all systems are in place and arrangements have been made to manage any risks identified.

Structure, governance and management

The company is limited by guarantee and has no share capital.

Preston Muslim Society, Masjid-E-Salaam is constituted as a Charitable Trust registered with the Charity Commission under charity number 1148437, which is regulated by Memorandum and articles dated 20th July 2012.

The Trustees are also Directors of the Charity for the purposes of the Companies Act 2006.

The Trustees must hold at least two meetings each year. A quorum at the meeting of the Trustees is at least fifty per cent (50%) of the Trustees in office and meetings may be held either in person or by suitable electronic means agreed by all Trustees.

The Trustees as charity trustees have control of the Society and its property and funds. The subscribers to the Memorandum (being the first members) are also first Trustees. The Subsequent Trustees are appointed by the Trustees. When complete, the Trustees consist of at least ten and not more than nineteen individuals. Trustees are appointed for life. On the death of a Trustee, the deceased Trustee’s nominated next of kin is eligible under the Articles of Association.

Reference and administrative details

See preceding page under 'Charity Information'.

Names of the charity trustees who manage the charity

All trustees are named on the preceding page under 'Charity Information'.

3

(A company limited by guarantee)

Preston Muslim Society - Masjid-e-Salaam

Trustees’ annual report (including Directors’ report) for the period ended 31 March 2022

Statement of Trustee’s responsibilities

The Trustees (who are also the Directors of Preston Muslim Society – Masjid-E-Salaam) are responsible for preparing the Trustees’ Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company for that period in preparing these financial statements, the trustees are required to:-

h Prepare the financial statements on the going concern bases unless it is inappropriate to presume that the charitable company will continue in operation.

The Trustees are responsible for keeping proper accounting records that 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 Charities Act 2011, and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees for the purposes of charity law who served during the year and up to the date of this report are set out on page 1 of the Financial Statement.

Approved by the Trustees and signed on its behalf by:

Mr Ayub Bux Date: 08/09/2022 Director and Trustee

4

Preston Muslim Society - Masjid-e-Salaam

Independent Examiner's Report to the Trustees of Preston Muslim Society - Masjid-e-Salaam

I report to the trustees on my examination of the accounts of Preston Muslim Society - Masjid-e-Salaam (the Trust) for the period ended 31 March 2022.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

The charity’s trustees consider that an audit is not required for this year under Part 16 of the 2006 Act and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given 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 accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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; or

I have no concerns and 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.

The appointed independent examiner of the trust:

M A Ibrahim (FCCA) for and on behalf of Date: 08/09/2022 M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE

5

Preston Muslim Society - Masjid-e-Salaam Statement of financial activities for the period ended 31 March 2022

Notes
Unrestricted Endowment
Total
funds
funds
2022
Income
3
£
£
£
Income and endowments from:
Donations and legacies
210,850
-
210,850
Other
3,531
-
3,531
Total
214,381
-
214,381
Expenditure
4
Expenditure on:
Charitable activities
134,123
54,896
189,019
Net income/(expenditure) for the year
80,258
(54,896)
25,362
Reconciliation of funds
Total funds brought forward
164,536
5,215,510
5,380,046
Net incoming resources for the year
80,258
(54,896)
25,362
Total funds carried forward
244,794
5,160,614
5,405,408
Total
2021
£
127,792
7,000
134,792
136,754
(1,962)
5,382,008
(1,962)
5,380,046

6

Preston Muslim Society - Masjid-e-Salaam Balance Sheet At 31 March 2022

Notes
Unrestricted Endowment
Total
funds
funds
2022
£
£
£
Fixed assets
Tangible assets
6
3,650
5,160,614
5,164,264
Current assets
Debtors
7
35,367
-
35,367
Cash at bank and in hand
206,842
-
206,842
242,209
-
242,209
Creditors:amounts falling due within one year
Trade creditors and accruals
8
1,065
-
1,065
Net current assets
241,144
-
241,144
Net assets
244,794
5,160,614
5,405,408
Funds of the Charity
9
Unrestricted funds
244,794
-
244,794
Endowment Waqaf funds
-
5,160,614
5,160,614
Total funds
244,794
5,160,614
5,405,408
Total
2021
£
5,220,072
5,205
157,285
162,490
2,516
159,974
5,380,046
164,536
5,215,510
5,380,046

Approved by the Board of Trustees and signed on its behalf by

Mr Ilyas Patel Date: 08/09/2022 Trustee

7

Preston Muslim Society - Masjid-e-Salaam Notes to the Accounts for the period ended 31 March 2022

Basis of preparation

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102 and charities SORP (FRS 102) effective 1 January 2019, published by the Charity Commission in England & Wales.

The charity is a public benefit entity.

2 Accounting Policies

Income

Income from charitable activities and voluntary donations are included in full in the Statement of Financial Activities when received. The value of services provided by volunteers has not been included.

Expenditure

Expenditure is included in the accounts on an accruals basis.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Land and buildings 1% Straight line Fittings and equipment 10% Straight line

Unrestricted funds

Unrestricted funds are donations and other incoming resources receivable or generated for the charity without further specified purpose and are available as general funds.

Restricted funds

Restricted funds are funds subject to specific trusts, which may be declared by the donor(s) or with their authority (e.g. in a public appeal) or created through legal process, but still within the wider objects of the charity. Restricted funds may be restricted income funds, which are spent at the discretion of the trustees in furtherance of some particular aspect(s) of the objects of the charity, or they may be endowment funds, where the assets are required to be invested, or retained for actual use, rather than spent.

Endowment Waqaf funds

Endowment Waqaf funds as applied to mosque property is a religious endowment. The properties under Waqaf endowment are dedicated to Allah SWT for public benefit on a perpetual basis. Restricted Fixed Waqaf funds cannot be gifted, granted or disposed.

8

Preston Muslim Society - Masjid-e-Salaam Notes to the Accounts for the period ended 31 March 2022

3
Analysis of income
Donations and legacies
Donations
Gift Aid
Rental income
Total
Other
Grants received
Total
Total income
4
Analysis of expenditure
Expenditure on charitable activities
Wages
Employee pension
HMRC JRS grant
Heat and light
Water charges
Insurance
Repairs and Renewals
Grants & Donations
Equipment expensed
Depreciation
Telephone and internet
Subscriptions
Office stationery, postage and printing
Sundry expenses
Independent examiner's fee
Legal and professional fees
Professional fees for new build project
Bank charges
Total
Total expenditure
5
Grants made to institutions
Name of institutions
Jamiah Education and Relief Trust
Valan Social Welfare Trust
Bharuch Muslim Medical and Welfare
Other
Unrestricted Endowment
2022
funds
funds
Total funds
£
£
£
154,967
-
154,967
10,700
-
10,700
45,183
-
45,183
210,850
-
210,850
3,022
3,022
509
-
509
3,531
-
3,531
214,381
-
214,381
Unrestricted Endowment
2022
funds
funds
Total funds
£
£
£
59,472
-
59,472
1,635
-
1,635
14,696
-
14,696
13,693
-
13,693
1,818
-
1,818
9,044
-
9,044
2,219
-
2,219
26,953
-
26,953
-
-
-
912
54,896
55,808
802
-
802
335
-
335
1,160
-
1,160
334
-
334
1,000
-
1,000
-
-
-
-
-
-
50
-
50
134,123
54,896
189,019
134,123
54,896
189,019
Purpose
Medical aid
Medical aid
Medical aid
2021
Prior year
£
110,374
8,400
9,018
127,792
5,000
2,000
7,000
134,792
2021
Prior year
£
54,338
1,456
(33,375)
14,084
3,100
8,836
3,447
4,000
936
55,808
971
75
-
-
1,000
900
21,160
18
136,754
136,754
£
7,500
11,953
7,500
26,953

9

Preston Muslim Society - Masjid-e-Salaam Notes to the Accounts for the period ended 31 March 2022

6 Land, buildings, equipment and fittings

Cost
At 1 April 2021
At 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
7
Debtors
Analysis of debtors:
Prepayments
Loan - Nuh's Ark Nursery Limited
8
Creditors
Analysis of creditors:
Taxes and other creditors
Accruals
Buildings
£
5,489,610
Fittings and
Total
equipment
£
£
9,122
5,498,732
5,489,610 9,122
5,498,732
274,100
54,896
4,560
278,660
912
55,808
328,996 5,472
334,468
5,160,614 3,650
5,164,264
5,215,510 4,562
5,220,072
2022
£
5,374
29,993
35,367
2022
£
625
440
1,065
2021
£
5,205
-
5,205
2021
£
860
1,656
2,516

9 Analysis of fund assets and liabilities

Tangible fixed assets
Current assets
Current liabilities
Unrestricted
Endowment
Total
funds
funds
2022
£
£
£
3,650
5,160,614
5,164,264
242,209
-
242,209
1,065
-
1,065
244,794
5,160,614
5,405,408

10 Transactions with trustees and related parties

There were no benefits, expenses or remuneration paid to the Trustees or persons connected to them.

10

Preston Muslim Society - Masjid-e-Salaam Notes to the Accounts for the period ended 31 March 2022

11 Details of certain items of expenditure

Fees for examination of the accounts
Independent examiner’s fees
12 Employees
Average number of employees
2022
£
1,000
2022
Number
5
2021
£
1,000
2021
Number
5

11