Charity registration number: 1148437 Company number: 08151041
Preston Muslim Society - Masjid-e-Salaam (A company limited by guarantee)
Report and Accounts
31 March 2024
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 2024
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
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Preston Muslim Society - Masjid-e-Salaam
(A company limited by guarantee)
Trustees’ annual report (including Directors' report) for the period ended 31 March 2024
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.
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(A company limited by guarantee)
Preston Muslim Society - Masjid-e-Salaam
Trustees’ annual report (including Directors' report) for the period ended 31 March 2024
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 £151,842 in Lillah donations including £11,399 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'.
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(A company limited by guarantee)
Preston Muslim Society - Masjid-e-Salaam
Trustees’ annual report (including Directors' report) for the period ended 31 March 2024
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 Select suitable accounting policies to be applied consistently
-
h Observe the methods and principles in the Charities SORP
-
h Make judgements and estimates that are reasonable and prudent
-
h State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and,
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: 20/09/2024 Director and Trustee
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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 2024.
Responsibilities and basis of report
As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) which gives me cause to believe that:
-
accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
-
the accounts do not accord with such records; or
• 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
- •the accounts have not been prepared in accordance with the Charities SORP (FRS102).
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: 20/09/2024 M.A.I (Accountants) Limited 7 St Andrews Street Blackburn Lancashire BB1 8AE
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Preston Muslim Society - Masjid-e-Salaam Statement of financial activities for the period ended 31 March 2024
| Notes Unrestricted Restricted Endowment Total funds funds funds 2024 £ £ £ £ Income 3 Income and endowments from: Donations and legacies 172,217 - - 172,217 Other 12,658 - - 12,658 Total 184,875 - - 184,875 Expenditure 4 Expenditure on: Charitable activities 126,847 9,785 43,619 180,251 Net income/(expenditure) for the year 58,028 (9,785) (43,619) 4,624 Reconciliation of funds Total funds brought forward 266,675 - 5,136,392 5,403,067 Net incoming resources for the year 58,028 (9,785) (43,619) 4,624 Transfer between Funds 179,837 899,671 (1,079,508) - Total funds carried forward 504,540 889,886 4,013,265 5,407,691 |
Total 2023 £ 207,398 506 |
|---|---|
| 207,904 | |
| 210,245 | |
| (2,341) | |
| 5,405,408 (2,341) - |
|
| 5,403,067 |
6
Preston Muslim Society - Masjid-e-Salaam Balance Sheet At 31 March 2024
| Notes Unrestricted Restricted Endowment Total funds funds funds 2024 £ £ £ £ Fixed assets Tangible assets 6 1,826 889,886 4,013,265 4,904,977 Investments 7 179,837 - - 179,837 181,663 889,886 4,013,265 5,084,814 Current assets Debtors 8 33,077 - - 33,077 Cash at bank and in hand 290,800 - - 290,800 323,877 - - 323,877 Creditors:amounts falling due within one year Trade creditors and accruals 9 1,000 - - 1,000 Net current assets 322,877 - - 322,877 Net assets 504,540 889,886 4,013,265 5,407,691 Funds of the Charity 10 Unrestricted funds 504,540 - - 504,540 Restricted income funds - 889,886 - 889,886 Endowment Waqaf funds - - 4,013,265 4,013,265 Total funds 504,540 889,886 4,013,265 5,407,691 |
Total 2023 £ 5,108,456 - |
|---|---|
| 5,108,456 29,993 269,887 |
|
| 299,880 5,269 |
|
| 294,611 | |
| 5,403,067 | |
| 266,675 - 5,136,392 |
|
| 5,403,067 |
Approved by the Board of Trustees and signed on its behalf by
Mr Ilyas Patel Date: 20/09/2024 Trustee
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Preston Muslim Society - Masjid-e-Salaam Notes to the Accounts for the period ended 31 March 2024
Basis of preparation
- 1 Basis of accounting
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.
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.
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Preston Muslim Society - Masjid-e-Salaam Notes to the Accounts for the period ended 31 March 2024
| 3 Analysis of income Donations and legacies Donations Gift Aid Rental income Total Other Total Total income 4 Analysis of expenditure Expenditure on charitable activities Wages and paye Employee pension Heat and light Rates Water charges Cleaning and consumables Bank charges Insurance Repairs and maintenance Grants & Donations Equipment expensed Depreciation Telephone and internet Subscriptions and software Stationery, postage and printing Independent examiner's fee Legal and professional fees Bank charges Total Total expenditure 5 Grants made to institutions Name of institutions Rosemere Cancer Foundation Angle Welfare & Education Trust Preston Muslim Society-Jamea Masjid Other |
Unrestricted Restricted Endowment 2024 funds funds funds Total funds £ £ £ £ 151,842 - - 151,842 11,399 - - 11,399 8,976 - - 8,976 172,217 - - 172,217 12,658 - - 12,658 12,658 - - 12,658 184,875 - - 184,875 Unrestricted Restricted Endowment 2024 funds funds funds Total funds £ £ £ £ 59,397 - - 59,397 - - - - 21,702 - - 21,702 1,038 - - 1,038 2,143 - - 2,143 3,774 - - 3,774 628 - - 628 8,189 - - 8,189 8,810 - - 8,810 16,000 - - 16,000 877 - - 877 912 9,785 43,619 54,316 417 - - 417 335 - - 335 1,025 - - 1,025 1,000 - - 1,000 600 - - 600 - - - - 126,847 9,785 43,619 180,251 126,847 9,785 43,619 180,251 Purpose Madrassa Construction Medical Drought Relief |
2023 Prior year £ 184,624 11,574 11,200 |
|---|---|---|
| 207,398 | ||
| 506 | ||
| 506 | ||
| 207,904 | ||
| 2023 Prior year £ 59,625 933 16,850 - 4,992 - - 9,667 4,386 55,000 - 55,808 669 1,245 - 1,000 - 70 |
||
| 210,245 | ||
| 210,245 | ||
| £ 10,000 5,000 1,000 |
||
| 16,000 |
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Preston Muslim Society - Masjid-e-Salaam Notes to the Accounts for the period ended 31 March 2024
6 Land, buildings, equipment and fittings
| Cost At 1 April 2023 Additions / Improvements Transferred At 31 March 2024 Depreciation At 1 April 2023 Charge for the year Transferred At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 |
Fittings and Restricted Endowment Total equipment Buildings Buildings £ £ £ £ 9,122 - 5,489,610 5,498,732 - 30,674 - 30,674 947,868 (1,127,705) (179,837) |
|---|---|
| 9,122 978,542 4,361,905 5,349,569 |
|
| 6,384 - 383,892 390,276 912 9,785 43,619 54,316 - 78,871 (78,871) 7,296 |
|
| 7,296 88,656 348,640 444,592 |
|
| 1,826 889,886 4,013,265 4,904,977 |
|
| 2,738 - 5,105,718 5,108,456 |
The trustees have reclassified the fixed assets to reflect the current true and fair view.
7 Investments
| Cost Transfer from fixed assets At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 8 Debtors Analysis of debtors: Prepayments Loan 9 Creditors Analysis of creditors: Taxes and other creditors Accruals |
Investment Property £ 179,837 |
Total £ 179,837 |
|---|---|---|
| 179,837 | 179,837 | |
| 179,837 | 179,837 | |
| - | - | |
| 2024 £ 3,084 29,993 33,077 2024 £ - 1,000 1,000 |
2023 £ - 29,993 |
|
| 29,993 | ||
| 2023 £ 625 4,644 |
||
| 5,269 |
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Preston Muslim Society - Masjid-e-Salaam Notes to the Accounts for the period ended 31 March 2024
10 Analysis of fund assets and liabilities
| Tangible fixed assets Investments Current assets Current liabilities |
Unrestricted Restricted Endowment Total funds funds funds 2024 £ £ £ £ 1,826 889,886 4,013,265 4,904,977 179,837 - - 179,837 323,877 - - 323,877 (1,000) - - (1,000) |
|---|---|
| 504,540 889,886 4,013,265 5,407,691 |
11 Details of certain items of expenditure
| Fees for examination of the accounts Independent examiner’s fees |
2024 £ 1,000 |
2023 £ 1,000 |
|---|---|---|
12 Transactions with trustees and related parties.
There were no benefits, expenses or remuneration paid to the Trustees or persons connected to them.
| 13 Employees Average number of employees |
2024 Number 3 |
2023 Number 4 |
|---|---|---|
No employee received emoluments of more than £60,000.
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