Charity Registration Number : 1148796
CORBY MUSLIM ASSOCIATION
A CHARITABLE UN-INCORPORATED ASSOCIATION TRUSTEES’ REPORT
AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
CORBY MUSLIM ASSOCIATION
CONTENTS
FOR THE YEAR ENDED 30 APRIL 2025
| Legal and Administrative | Information ...................................................................................................... |
1 |
|---|---|---|
| Trustees' Report ...................................................................................................................................... |
2 | |
| Independent Examiner's | Report .............................................................................................................. |
4 |
| Receipts and Payments | .......................................................................................................................... | 5 |
| Statement of Assets and | Liabilities ......................................................................................................... |
6 |
| Notes to the Financial Statements .......................................................................................................... |
7 |
CORBY MUSLIM ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 30 APRIL 2025
Trustees A Chaudhury M S Miah A Ali P S Chaudhury Charity Number 1148796 Registered Office 33 Stuart Rd Northampton NN17 1RL Chairman M E R Chaudhury Independent Examiner White Knight Accountancy Limited 6, Crown Passage Uppingham LE15 9NB
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CORBY MUSLIM ASSOCIATION
TRUSTEES' REPORT
FOR THE YEAR ENDED 30 APRIL 2025
The trustees present their annual report and financial statements for the year ended 30 April 2025.
TRUSTEES' REPORT
The Trustees' present their report and the financial statements for the year ended 30 April 2025.
Members of the Management Committee
The following served as charity trustees during the year and up to the date of this report:
Amir Ali
Ayna Chaudhury
Mohammed Samir Miah
P Sadik Chaudhury
Structure, Governance and Management
Governing Document
Corby Muslim Association is a non- profitable charity organisation, which is governed by its constitution on 29th August 2012. It is registered as a charity with the Charity Commission on 03rd September 2012 .
All Members of the Management Committee give their time voluntarily and receive no benefits from the charity.
Organisational Structure
The Charity is managed by an Executive Committee and it is responsible for the ultimate performance of the Charity. Members meet monthly and receive a financial review every three months.
Objectives and Activities
The principal activities and objectives of the Charity are to facilitate for the people of Corby to conduct all religious and social activities in accordance with the Holy Qur'an and Sunnah.
Financial Review
The Charity's reserves as at 30 April 2025 total £475,745 which will be used for the purposes on which the funds were provided for.
The Organisation has a net surplus for the current year of £25,472.
Principal Funding Sources
The principal funding sources for the charity are currently donation and voluntary income from the public. The Charity will continue to seek funding from other agencies in order to maintain its charitable activities.
Public Benefit
The trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2006 to have due regard to the Charity Commission's general guidance on public benefit and that the activities carried out by the charity during the year were all undertaken in order to further the charity's aims for the benefit of the charity's beneficiaries. Our services meet the needs of a Corby Muslim community ranging from children and families to older people.
Responsibilities of the Trustees
Financial Act 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 company and of the surplus or deficit of the Company for that period. In preparing those financial statements, the management committee is required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
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· state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
· prepare the financial statements on going concern basis unless it is inappropriate to presume that the Charity will continue.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Company. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Members of the Management Committee
Members of the Management Committee, who are trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 1.
As the Charity trustee, we certify that:
- as far as we are aware, there is no relevant audit information of which the organisation accountants are unaware; and - as the directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity accountants are aware of that information.
Independent Examiner
White Knight Accountancy Limited have expressed their willingness to act as the independent examiner for the Charity.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in March 2005).
Approved by the Trustees on 28 February 2026 and signed on the Management Committee's behalf by:
This report was approved by the trustees and signed on its behalf by:
A Chaudhury Trustee
Date : 17 April 2026
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CORBY MUSLIM ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 30 APRIL 2025
Independent Examiner’s Report to the Trustees of Corby Muslim Association
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 30 April 2025 which consists of the statement of financial activities,balance sheet and the related notes
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act')
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of ACCA
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) 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 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.
Name: M N Ahsan
for and on behalf of White Knight Accountancy Limited
Date: 17 April 2026
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CORBY MUSLIM ASSOCIATION
RECEIPTS AND PAYMENTS
FOR THE YEAR ENDED 30 APRIL 2025
| Categories Unrestricted funds Receipts Donation and gifts 79,833.69 Sub total 79,833.69 Total receipts 79,833.69 Payments Cost of services 1,870.07 Donations 2,822.29 Depreciation Charge for the Year - Fixtures & Fittings 1,319.87 Printing and stationery - Wages and salaries 29,186.20 Equipment expense 19.90 Light and heat 17,452.65 Cleaning of Premises 213.99 General Insurance - Rates & Water 1,476.76 Sub total 54,361.73 Asset and investment purchases Freehold Land & Buildings - Additions - Cost 9,463.16 Fixtures & Fittings - Additions - Cost - Sub total 9,463.16 Total Payments 63,824.89 Net of receipts/(payments) 16,008.80 Cash funds last year end 390,476.60 Cash funds this year end 406,485.40 |
Total funds 79,833.69 79,833.69 79,833.69 1,870.07 2,822.29 1,319.87 - 29,186.20 19.90 17,452.65 213.99 - 1,476.76 54,361.73 9,463.16 - 9,463.16 63,824.89 16,008.80 390,476.60 406,485.40 |
Last year 56,356.42 56,356.42 |
|---|---|---|
| 56,356.42 | ||
| 742.00 2,470.00 1,319.87 171.67 25,081.34 473.77 6,621.93 91.98 933.78 1,152.78 39,059.12 65,968.00 4,914.00 70,882.00 |
||
| 109,941.12 | ||
| (53,584.70) 444,061.30 |
||
| 390,476.60 |
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CORBY MUSLIM ASSOCIATION
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 30 APRIL 2025
| Categories Details Cash funds Cash at bank and in hand Total Cash Funds Details Assets retained for the charity’s own use Freehold Land & Buildings Fixtures & Fittings Total Details Liabilities Bank loans and overdrafts Total |
Unrestricted funds 64,447.84 64,447.84 Fund to which asset belongs Unrestricted Funds Unrestricted Funds Fund to which asset belongs Unrestricted Funds |
Restricted funds - |
|---|---|---|
| - | ||
| Cost (optional) 421,841.55 9,239.08 |
||
| 431,080.63 | ||
| Cost (optional) 14,000.00 |
||
| 14,000.00 |
For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Board on 17 April 2026 and signed on its behalf by:
A Chaudhury Trustee Date : 17 April 2026
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CORBY MUSLIM ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
1. Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
1.1 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.2 Going concern
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
2. Income from Donations and Legacies
| 2. Income from Donations and Legacies | |||
|---|---|---|---|
| Analysis Unrestricted funds £ Donation and gifts 79,833.69 Total 79,833.69 3. Expenditure on Charitable Activities Analysis Unrestricted funds £ Cost of services 1,870.07 Donations 2,822.29 Wages and salaries 29,186.20 Light and heat 17,452.65 Cleaning of Premises 213.99 Rates & Water 1,476.76 Total 53,021.96 Support Costs - 53,021.96 4. Support Costs Analysis Support Costs Printing and stationery General Insurance |
Total funds 2025 £ 79,833.69 79,833.69 Total funds 2025 £ 1,870.07 2,822.29 29,186.20 17,452.65 213.99 1,476.76 53,021.96 - 53,021.96 Total funds 2025 £ - - |
Total funds 2024 £ 56,356.42 |
|
| 56,356.42 | |||
| Total funds 2024 £ 742.00 2,470.00 25,081.34 6,621.93 91.98 1,152.78 36,160.03 552.72 |
|||
| 36,712.76 | |||
| Total funds 2024 £ 171.67 933.78 |
|||
| - | 1,105.45 |
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5. Other Expenditure
| Analysis Unrestricted funds Total funds 2025 £ £ Depreciation Charge for the Year - Fixtures & Fittings 1,319.87 1,319.87 Equipment expense 19.90 19.90 Total 1,339.77 1,339.77 6. Tangible Fixed Assets Freehold Land & Buildings £ 6.1 Cost or valuation At 01 May 2024 412,378.39 Additions 9,463.16 Disposals - Revaluations - Transfers - At 30 April 2025 421,841.55 6.2 Depreciation and impairments At 01 May 2024 - Charge for the year - Disposals - Revaluations - Transfers - At 30 April 2025 - 6.3 Net book value At 01 May 2024 412,378.39 At 30 April 2025 421,841.55 7. Cash at bank and in hand Analysis Total funds 2025 £ Cash at bank and in hand 64,447.84 Total 64,447.84 8. Creditors: Amounts falling due after one year Analysis of Creditors Total funds 2025 £ Bank loans and overdrafts 14,000.00 Total 14,000.00 |
Analysis Unrestricted funds Total funds 2025 £ £ Depreciation Charge for the Year - Fixtures & Fittings 1,319.87 1,319.87 Equipment expense 19.90 19.90 Total 1,339.77 1,339.77 6. Tangible Fixed Assets Freehold Land & Buildings £ 6.1 Cost or valuation At 01 May 2024 412,378.39 Additions 9,463.16 Disposals - Revaluations - Transfers - At 30 April 2025 421,841.55 6.2 Depreciation and impairments At 01 May 2024 - Charge for the year - Disposals - Revaluations - Transfers - At 30 April 2025 - 6.3 Net book value At 01 May 2024 412,378.39 At 30 April 2025 421,841.55 7. Cash at bank and in hand Analysis Total funds 2025 £ Cash at bank and in hand 64,447.84 Total 64,447.84 8. Creditors: Amounts falling due after one year Analysis of Creditors Total funds 2025 £ Bank loans and overdrafts 14,000.00 Total 14,000.00 |
Total funds 2024 £ 1,319.87 473.77 |
|
|---|---|---|---|
| 1,793.64 | |||
| Fixtures & Fittings £ 9,239.08 - - - - 9,239.08 4,463.17 1,319.87 - - - 5,783.04 4,775.91 3,456.04 Total funds 2024 £ 50,142.49 |
|||
| 421,841.55 | |||
| - - - - - |
|||
| - | |||
| 412,378.39 | |||
| 421,841.55 | |||
| 50,142.49 | |||
| Total funds 2024 £ 14,000.00 |
|||
| 14,000.00 |
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9. Charity funds
9.1 Details of material funds held and movements during the CURRENT reporting period
| Fund names | Fund balances brought forward |
Income | Expenditure | Fund balances carried forward |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| 493,042.73 | 79,833.69 | 54,361.73 | 518,514.69 | |
| Unrestricted Designated Funds |
443,707.21 | - | - | 443,707.21 |
| Unrestricted funds total |
936,749.94 | 79,833.69 | 54,361.73 | 962,221.90 |
| Total | 936,749.94 | 79,833.69 | 54,361.73 | 962,221.90 |
| 9.2 Details of material funds held and | movements during the PREVIOUS | reporting period | ||
| Fund names | Fund balances brought forward |
Income | Expenditure | Fund balances carried forward |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| 475,745.43 | 56,356.42 | 39,059.12 | 493,042.73 | |
| Unrestricted Designated Funds |
443,707.21 | - | - | 443,707.21 |
| Unrestricted funds total |
919,452.64 | 56,356.42 | 39,059.12 | 936,749.94 |
| Total | 919,452.64 | 56,356.42 | 39,059.12 | 936,749.94 |
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