Charity number: 1150407
Al Mahadul Islami
Report of the Trustees and Unaudited Financial Statements
For the year ended 30 April 2022
Al Mahadul Islami Contents Page For the year ended 30 April 2022
| Report of the Trustees | 1 to 0 |
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| Independent Examiner's Report to the Trustees | 1 to 0 |
| Statement of Financial Activities | 1 to 0 |
| Statement of Financial Position | 1 to 0 |
| Notes to the Financial Statements | 1 to 7 |
| Detailed Statement of Financial Activities | 8 to 11 |
Al Mahadul Islami Report of the Trustees
For the year ended 30 April 2022
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 30 April 2022. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
The objectives of the organisation are:
(a) to promote the advancement of religion, in accordance with the principals of Islam.
(b) to establish and maintain the mosque building and its grounds.
(c) to promote Islam through education, cultural and leisure time activities for the local community.
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
ACHIEVEMENTS AND PERFORMANCE
The charity carried out the following activities for the benefit of the public in the year:
The charity provided counselling and support services for the local community. For majority of the year these were either virutal, via telephone and in person. The services were much needed as members of the immediate community were deeply affected by COVID19 and required guidance and counselling. This service was available everyday of the week.
Classes for children resumed in situ. The classes were provided for children to understand Islam and the Quran and also to give spiritual guidance post COVID19. The classes were held 5 days a week. Children were encouraged to learn the values of Islam and to acheive better cohesion in society. The classes were subsidised to make it easy for every child to attend. Extra classes for girls commenced in the year catering for older girls.
Regular motivational, inspirational and educational talks were held whereafter food was provided to attendees. These events were provided free of cost.
FINANCIAL REVIEW
Reserves
It is the policy of the charity that unrestricted funds which have not been designated for a specific use be maintained and grown. From this the trustees plan to undertake further capital projects for the benefit of the charity.
The reserves are to be maintained at a level which would help sustain the charity in the event of no donations being received for a minimum of 1 year. The minimum level has been agreed at £88,000 based on the previous year's expenditure as the current year included non-recurring expenditure.
Financial review
The trustees consider the financial performance by the organisation during the year has been satisfactory.
The Statement of Financial Activities show net outgoing resources for the year of a revenue nature of £92,405 (expenditure) and net realised incoming resources of £376,486 (income). The total reserves at the year end after reserving for unrealised losses stand at £2,713,478.
The trustees are satisfied with the performance of the association during the year and the position at 30 April 2022. The trustees consider that the association is in a strong position and are confident that at this level they would be able to continue the current activities of the association into future
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charitable organisation was founded in December 2012 as an unincorporated association and became a registered charity (no.1150407). The charity is governed by a written constitution adopted by its members.
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Al Mahadul Islami Report of the Trustees Continued For the year ended 30 April 2022
Recruitment and appointment of trustees
There have to be minimum 3 Trustees appointed and the trustees act as a committee in order to manage the Association. There is no maximum limit of trustees. Every new trustee has to be apointed by a resolution of the trustees passed at a special meeting.
The Land Custodians are referred to as Trustees. The Management committee appoints the Trustees. These trustees act as guardians of all property vested in the name of the association.
The Management Committee are responsible for the day to day running and operational matters. The management committee hold regular monthly meetings to manage the affairs of the association and sub committees are set up to oversee various projects as and when needed.
Most management committee members and trustees are already familiar with the work of the association, having been members of the association since it's founding. Every new committee member/trustee is given a copy of the constitution of the association and advised on the roles and responsibilities of the trustees.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Al Mahadul Islami Charity registration number 1150407 Principal address 40 Greaves Street Bradford West Yorkshire BD5 7PE
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Ahmed Ali Feizal Musa Usman Iqbal Independent examiners H Raja Associates 2 Fieldhead Street Fieldhead Business Centre Bradford West Yorkshire BD7 1LW Bankers HSBC Bank P O Box 45 47 Market Street Bradford West Yorkshire BD1 1LW
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 24 February 2022 Feizal Musa
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Al Mahadul Islami
Independent Examiners Report to the Trustees
For the year ended 30 April 2022
I report to the trustees on my examination of the accounts of the charity for the year ended 30 April 2022.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 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 examiners statement
Since the Charity's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of , which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
-
the accounts do 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.
H Raja Associates 2 Fieldhead Street Fieldhead Business Centre Bradford West Yorkshire BD7 1LW
24 February 2022
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Al Mahadul Islami Statement of Financial Activities For the year ended 30 April 2022
| Notes | Unrestricted | 2021 | |
|---|---|---|---|
| funds | |||
| £ | £ | ||
| Income and endowments from: | |||
| Donations and legacies | 2 | 213,538 | 537,559 |
| Charitable activities | 3 | 162,730 | 76,675 |
| Investments | 4 | 218 | 101,993 |
| Total | 376,486 | 716,227 | |
| Expenditure on: | |||
| Raising funds | 5 | (16,181) | (137,132) |
| Charitable activities | 6/7 | (76,224) | (42,446) |
| Total | (92,405) | (179,578) | |
| Net income | 284,081 | 536,649 | |
| Reconciliation of funds | |||
| Total funds brought forward | 2,429,397 | 1,892,748 | |
| Total funds carried forward | 2,713,478 | 2,429,397 |
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Al Mahadul Islami Statement of Financial Position As at 30 April 2022
| Notes | 2022 | 2021 | |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 13 | 686,764 | 687,396 |
| Investments | 1,102,500 | 1,102,500 | |
| 1,789,264 | 1,789,896 | ||
| Current assets | |||
| Cash at bank and in hand | 1,427,864 | 1,140,147 | |
| 1,427,864 | 1,140,147 | ||
| Creditors: amounts falling due within one year | 14 | (3,650) | (646) |
| Net current assets | 1,424,214 | 1,139,501 | |
| Total assets less current liabilities | 3,213,478 | 2,929,397 | |
| Creditors: amounts falling due after more than one year | 15 | (500,000) | (500,000) |
| Net assets | 2,713,478 | 2,429,397 | |
| The funds of the charity | |||
| Unrestricted income funds | 16 | 2,713,478 | 2,429,397 |
| Total funds | 2,713,478 | 2,429,397 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Ahmed Ali Trustee
24 February 2022
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Al Mahadul Islami Notes to the Financial Statements For the year ended 30 April 2022
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
Al Mahadul Islami meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Statement of cash flows
The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charity is small.
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:
Allocation and appointment of costs
Costs are allocated and apportioned to each activity accrording to the nature of each cost. Direct costs attributable to a single activity are allocated direct to that activity. Shared costs which conrtibute directly to more than one activity are apportioned between those activities.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and fittings
20% Reducing balance
Current asset investments
Unlisted Investments are included at cost less impairment.
2. Income from donations and legacies
| Unrestricted funds Donations received Grants received |
2021 2022 £ £ 534,628 213,538 2,931 - 537,559 213,538 |
|---|---|
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Al Mahadul Islami Notes to the Financial Statements Continued
For the year ended 30 April 2022
3. Income from charitable activities
| Unrestricted funds Extra Curricular Activities Income from charitable activities nvestment income Unrestricted funds Income from unlisted investments Bank interest receivable xpenditure on generating donations and legacies Unrestricted funds Donations osts of charitable activities by fund type Unrestricted funds Extra Curricular Activities Support costs osts of charitable activities by activity type Support costs Activities undertaken directly £ £ Support costs Extra Curricular Activities 10,683 65,541 |
2022 £ 162,730 2022 £ - 218 218 2022 £ 16,181 16,181 2022 £ 65,541 10,683 76,224 2022 £ 76,224 |
2021 £ 76,675 2021 £ 101,640 353 |
|---|---|---|
| 101,993 | ||
| 2021 £ 137,132 |
||
| 137,132 | ||
| 2021 £ 34,845 7,601 |
||
| 42,446 | ||
| 2021 £ 42,446 |
4. Investment income
5. Expenditure on generating donations and legacies
6. Costs of charitable activities by fund type
7. Costs of charitable activities by activity type
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Al Mahadul Islami Detailed Statement of Financial Activities
For the year ended 30 April 2022
8. Analysis of support costs
| Extra Curricular Activities Management IT Governance costs et income/(expenditure) for the year This is stated after charging/(crediting): Depreciation of owned fixed assets Trustees' remuneration Staff costs Total staff costs for the year ended 30 April 2022 were: Salaries and wages Employees |
2022 £ 917 144 9,622 10,683 2022 £ 632 11,181 2022 £ 11,181 11,181 2022 0 0 |
2021 £ 713 69 6,819 |
|---|---|---|
| 7,601 | ||
| 2021 £ 632 10,902 |
||
| 2021 £ 10,902 |
||
| 10,902 | ||
| 2021 1 |
||
| 1 |
9. Net income/(expenditure) for the year
10. Staff costs
12. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
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This page does not form part of the statutory financial statements
Al Mahadul Islami Detailed Statement of Financial Activities Continued
For the year ended 30 April 2022
13. Tangible fixed assets
| Cost or valuation At 01 May 2021 At 30 April 2022 Depreciation At 01 May 2021 Charge for year At 30 April 2022 Net book values At 30 April 2022 At 30 April 2021 |
Land and buildings £ 684,869 684,869 - - - 684,869 684,869 |
Equipment £ 4,878 4,878 2,351 632 2,983 1,895 2,527 |
Total £ 689,747 |
|---|---|---|---|
| 689,747 | |||
| 2,351 632 |
|||
| 2,983 | |||
| 686,764 | |||
| 687,396 |
14. Creditors: amounts falling due within one year
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Trade creditors | 160 | 137 |
| Other creditors | 3,490 | 509 |
| 3,650 | 646 | |
| Creditors: amounts falling due after more than one year | ||
| 2022 | 2021 | |
| £ | £ | |
| Other creditors | 500,000 | 500,000 |
| 500,000 | 500,000 |
15. Creditors: amounts falling due after more than one year
16. Movement in funds
Unrestricted Funds
| Unrestricted Funds | ||||
|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | |
| 01/05/2021 | resources | resources | 30/04/2022 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 2,429,397 | 376,486 | (92,405) | 2,713,478 |
| 2,429,397 | 376,486 | (92,405) | 2,713,478 |
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Al Mahadul Islami Detailed Statement of Financial Activities Continued For the year ended 30 April 2022
Unrestricted Funds - Previous year
| General General |
Balance at 01/05/2020 £ 1,892,748 1,892,748 |
Incoming resources £ 716,227 716,227 |
Outgoing resources £ (179,578) (179,578) |
Balance at 30/04/2021 £ 2,429,397 |
|---|---|---|---|---|
| 2,429,397 |
Purpose of unrestricted Funds
General
General unrestricted funds are to be maintained and grown from which future capital projects can be undertaken.
17. Analysis of net assets between funds
| Unrestricted funds General General Previous year Unrestricted funds General General |
Tangible fixed assets Investments Net current assets / (liabilities) Creditors > one year Net Assets £ £ £ £ £ 686,764 1,102,500 1,424,214 (500,000) 2,713,478 |
|---|---|
| 686,764 1,102,500 1,424,214 (500,000) 2,713,478 |
|
| Tangible fixed assets Investments Net current assets / (liabilities) Creditors > one year Net Assets £ £ £ £ £ 687,396 1,102,500 1,139,501 (500,000) 2,429,397 |
|
| 687,396 1,102,500 1,139,501 (500,000) 2,429,397 |
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This page does not form part of the statutory financial statements
Al Mahadul Islami Detailed Statement of Financial Activities Continued For the year ended 30 April 2022
| INCOME AND ENDOWMENT Donations and legacies Donations Grants receivable Charitable activities Income from charitable activities Investments Income from unlisted investments Bank interest receivable Total incoming resources EXPENDITURE Raising donations and legacies Donations Charitable activities Cost of direct charitable activity SUPPORT COSTS Management Management IT IT Governance costs Governance costs Total resources expended Net Income |
£ 2022 213,538 - 213,538 162,730 162,730 - 218 218 376,486 (16,181) (16,181) (65,541) (65,541) (917) (917) (144) (144) (9,622) (9,622) (92,405) 284,081 |
£ 2021 534,628 2,931 |
|---|---|---|
| 537,559 76,675 |
||
| 76,675 101,640 353 |
||
| 101,993 | ||
| 716,227 (137,132) |
||
| (137,132) (34,845) |
||
| (34,845) (713) |
||
| (713) (69) |
||
| (69) (6,819) |
||
| (6,819) | ||
| (179,578) | ||
| 536,649 |
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This page does not form part of the statutory financial statements