2023-11-30-accounts - Muslim Foundation UK

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REGISTERED CHARITY: 1192374

Muslim Foundation UK

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 01 DECEMBER 2022 TO 30 NOVEMBER 2023

REFERENCE AND ADMINISTRATIVE DETAILS

The trustees, present their report with the financial statements of the charity for the period 01[st] December 2022 to 30[th] November 2023.

INCORPORATION

The standard registration was incorporated on 20 November 2012.

Registered Charity Number

1150549

Registered Office

24 Gladstone Street, Basford, Nottingham NG7 6GA

Trustees

Mr Ajaz Bhatti Trustee Dr Zaheer Hussain Trustee Mr Syed Hussain Trustee

Independent Examiner

Quba Accountancy LTD 14 Mayne Avenue Luton, Bedfordshire, LU4 9LS

STRUCTURE, GOVERNANCE AND MANAGEMENT

Board of Trustees

The Board of Trustees sets our future aims and priorities focusing on strategic planning and governance and also evaluates our performance and progress in our work to alleviate poverty and suffering.

The Board of Trustees appraises the Senior Management Team and can make appointments to it as well as dismissals. The Board of Trustees also make sure that we satisfy the regulatory requirements on us as a charity and works with key stakeholders.

Recruiting and Appointing Trustees

All our trustees are volunteer, chosen because they all have the diverse range of skills, knowledge and experience that we need to respond to the challenges of today. Stakeholders and partners may nominate trustees and sometimes we will make a personal approach to potential candidates.

Governing document

Muslim Foundation UK refers to the charity incorporated organisation with a governing document known as Trust Deed originally incorporated on 20 November 2012.

Responsibilities of Trustees

The annual report and financial statements are prepared according to the relevant law and approved by the trustees.

The trustees keep adequate accounting records and they show and explain our transactions. The records also disclose our financial position with reasonable accuracy at any time and enable trustees to ensure that the financial statements comply with Charity Commission Statement of Recommended Practice (SORP) 2015.

Grant Making Policies

We provide grants to projects if the request meets our charitable objectives and criteria. Project grant making is managed according to a designated process, which is documented in our Operational Risk-Management Framework. We aim to treat all grant applications professionally, equally and fairly. We make the final decision as to eligibility to receive a grant, at our discretion.

Public Benefit

We develop strategic plans to make certain that we provide maximum public benefit and achieve our strategic objectives, which fall under purposes defined by the Charity Act 2006.

Objectives and Strategic activities

The objects of the charity are set below:

(A) TO ADVANCE THE ISLAMIC FAITH BY THE PROVISION OF A COMMUNITY EDUCATIONAL INSTITUTE TO SERVE MUSLIM AND NON-MUSLIMS ALIKE.
(B) THE RELIEF OF POVERTY AND FINANCIAL HARDSHIP BY THE PROVISION OF FINANCIAL SUPPORT TO THE POOR AND NEEDY AROUND THE WORLD.
(C) TO PROMOTE AND FULFIL SUCH OTHER CHARITABLE PURPOSES BENEFICIAL TO THE COMMUNITY AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME-TO-TIME THINK FIT

The Charity carried out some activities for the benefit of the community:

Books Distribution: Muslim Foundation UK undertook the noble task of distributing books to disadvantaged individuals. This effort aimed to provide them with the knowledge necessary for survival in this world and to guide them on the path to becoming better human beings.

Mosque Maintenance: Muslim Foundation UK diligently maintained and financially supported its mosque, a place of worship for Muslims. The organization bore the expenses throughout the year, ensuring that the local community had a well-kept and welcoming space to gather and offer their prayers.

Achievements and Performance

Muslim Foundation UK made a significant impact on the local community by offering a conducive place for worship, ensuring the upkeep of the Mosque, and extending its reach to benefit a larger number of people.

Furthermore, the Foundation extended its educational outreach by distributing books to students. These books equip the recipients with the knowledge necessary to thrive and become better individuals.

This collective effort, which benefited around 250 Mosque-goers and book recipients, was made possible through the generous contributions of our donors.

Financial Review

The charity received sum of £51,750 in donations from various sources.

The charity does not have any reserve policy.

The funds are in surplus by £39,703 at the balance sheet.

No funds are in deficit at the balance sheet.

Declaration

The trustees declare that they have approved the trustees report above. Signed on behalf of the charity’s trustees.

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Signature Name: Zaheer Hussain Position: Trustee Date: 09 July, 2024

INDEPENDENT EXAMINERS REPORT FOR THE PERIOD 01 DEC 2022 TO 30 NOV 2023 TO THE TRUSTEES

I report on the accounts for the period 01[st] December 2022 to 30[th] November 2023 set out below.

Respective responsibilities of trustees and examiner

The charity’s trustees responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for the period (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:

Examine the accounts
Follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
To state weather particular matters have come to my attention.

Basis of the independent examiner’s report

My examination was carried out in accordance with the 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 you as 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 examiners statement

In connection with my examination, no matter has come to my attention:

(1) Which gives me reasonable cause to believe that, in any material respect, the requirements have not been met;

(2) To which. In my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Independent Examiner

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Signature : Mr Dawood Masood AFA, MIPA Date: 10/07/2024

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Charity name	Charity name	No (if any)	No (if any)
Muslim Foundation UK		1150549
Receipts and payments accounts
For the period from	Period start date	To	Period end date 30-Nov-23
	1-Dec-22

Section A Receipts and payments

A1 Receipts	Unrestricted funds To the nearest £	Restricted funds To the nearest £	Endowment funds To the nearest £	Total funds To the nearest £	Last year To the nearest £
Donation	43,114	8,636	-	51,750	38,568
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Sub total(Gross income for AR)	43,114	8,636	-	51,750	38,568

A2 Asset and investment sales, (see table).


Sub total	-	-	-	-	-
Total receipts A3 Payments
	43,114	8,636	-	51,750	38,568

CharitableActivities	26,167	2,839	-	29,006	30,495
Administrative expense	8,624	-	-	8,624	9,712
Governance cost	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
Sub total	34,791	2,839	-	37,630	40,207

A4 Asset and investment purchases, (see table)
	-	-	-	-	-
	-	-	-	-	-
Sub total Total payments	-	-	-	-	-
	34,791	2,839	-	37,630	40,207
Net of receipts/(payments)	8,323	5,797	-	14,120	-1,639
A5 Transfers between funds	-	-	-	-	-
A6 Cash funds last year end	-	-	-	25,171	26,810
Cash funds this year end	8,323	5,797	-	39,291	25,171

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities Signed by one or two trustees on behalf of all the trustees	Details		Unrestricted funds	Restricted funs		Endowment funds
	Cash in hand & at Bank		33,906	5,797		-
			-	-		-
	Total Cash funds		-	-		-
			33,906	5,797		-
	(agree balances with receipts and payments account(s)) Details		Agreement Error	OK		OK
			Unrestricted funds To nearest £	Restricted funds To nearest £		Endowment funds To nearest £
			-	-		-
			-	-		-
			-	-		-
			-	-		-
	Details		Funds to which assets belong	Cost (Optional)		Current value (Optional)
				-		-
				-		-
				-		-
				-		-
	Details		Funds to which assets belong	Cost (Optional)		Current value (Optional)
	Building			249,950		249,950
				-		-
				-		-
				-		-
	Details		Funds to which liability belong	Amount due (Optional)		When due (Optional)
	Qard e Hasna			38,553
				65,449
					-
					-

	Signature	Print Name			Date of	approval
		Zaheer Hussain			09 July, 2024