Charity number: 1152856
Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Trustees' report and financial statements
for the year ended 31 December 2022
Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees report | 2 - 3 |
| Independent examiners' report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 10 |
Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Legal and administrative information
Charity number 1152856 Business address 1 Willows Crescent Balsall Heath Birmingham B12 9NN Registered office 1 Willows Crescent Balsall Heath Birmingham B12 9NN Trustees Mr Mohammed Saddique Mr Mohammed Latif Mr Mohammed Ramzan Mr Fazal Ahmed Mr Mohammed Salim Mr Imran Waheed Mr Rab Nawaz Mr Waqaar Ahmad Accountants SF Chartered Certified Accountants Fairgate House 205 Kings Road Tyseley Birmingham B11 2AA
Page 1
Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Report of the trustees for the year ended 31 December 2022
The trustees present their report and the financial statements for the year ended 31 December 2022. The trustees who served during the year and up to the date of this report are set out on page 1.
Structure, governance and management
Objectives and activities
Aims and Objectives
The aims and objectives of the charity are to:
Advance the Islamic religion in the UK for the benefit of the public through
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1) Community projects, lectures, public celebration of religious festivals, producing and/or distributing literature on Islam to enlighten others about the religion of Islam
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2) Promoting values that are common to all humanity through the teaching of fearing God and serving humanity as per the education of the Sufiyaa (Spiritual leaders)
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3) Instilling such values in the next generation of Muslims that will lead to improved cohesion in a multi-religion multi-cultural, multi-racial and intellectually open thinking society
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4) Prevent crime for the benefit of the public by taking appropriate actions in attempt to reduce or eliminate terrorism, extremism and religious and racial discrimination
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5) Promoting equality and diversity for the benefit of the public
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6) To undertake such other charitable purposes as the trustees may, from time to time, determine.
Achievements and performance
Financial review
The organisation recieved £80,850 in donations during the year, and expended £50,254
Statement of trustees' responsibilities
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other
Page 2
Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Report of the trustees for the year ended 31 December 2022
On behalf of the board
Mr Mohammed Saddique Mr Mohammed Salim Mr Mohammed Latif Mr Imran Waheed Mr Mohammed Ramzan Mr Rab Nawaz Mr Fazal Ahmed Mr Waqaar Ahmad
Trustees
Page 3
Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Independent examiner's report to the trustees on the unaudited financial statements of Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre.
I report on the accounts of Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre for the year ended 31 December 2022 set out on pages 2 to 10.
Respective responsibilities of trustees and independent examiner
As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act), as amended by section 28 of the Charities Act 2006 does not apply and that an independent examination is needed. It is my responsibility to examine the accounts under section 43(3)(a) of the Act, as amended; to follow the procedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, as amended; and to state whether particular matters have come to my attention.
Basis of independent examiner's statement
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 examiner's statement
In connection with my examination, no matter has come to my attention:
(i) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep proper accounting records in accordance with section 41 of the Act; and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
- (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
...........................................................
Allah Ditta Alam FCCA Independent examiner Office 008 123 Stratford Road Birmingham
B90 3ND
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Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Statement of financial activities
For the year ended 31 December 2022
| Unrestricted funds Notes £ Incoming resources Incoming resources from generating funds: Voluntary income 2 85,723 Incoming resources from charitable activities 3 7,178 Total incoming resources 92,901 Resources expended Staff costs 4 43,215 Establishment costs 11,678 Legal and professional fees 300 Other office expenses 950 Depreciation and impairment 560 Total resources expended 56,703 Total funds brought forward 388,941 Total funds carried forward 425,139 |
2022 Total £ 85,723 7,178 92,901 43,215 11,678 300 950 560 56,703 388,941 425,139 |
2021 Total £ 72,456 8,394 |
|---|---|---|
| 80,850 | ||
| 42,437 6,744 - 653 420 |
||
| 50,254 | ||
| 358,346 | ||
| 388,942 |
The notes on pages 7 to 10 form an integral part of these financial statements.
Page 5
Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Balance sheet
as at 31 December 2022
| £ Fixed assets Tangible assets 5 Current assets Cash at bank and in hand Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 6 Net assets Funds 7 Unrestricted income funds Total funds |
2022 £ 254,555 183,583 183,583 183,583 438,138 ) (13,000 425,138 425,138 425,138 |
2021 £ £ 254,416 147,525 147,525 147,525 401,941 ) (13,000 388,941 388,941 388,941 |
|---|---|---|
The financial statements were approved by the trustees on and signed on its behalf by
| Mr Mohammed Saddique | Mr Mohammed Latif |
|---|---|
| Trustee | Trustee |
| Mr Mohammed Ramzan | Mr Fazal Ahmed |
| Trustee | Trustee |
The notes on pages 7 to 10 form an integral part of these financial statements.
Page 6
Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Notes to financial statements for the year ended 31 December 2022
1. Accounting policies
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
1.1. Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the Charities Act 1993.
1.2. 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:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
1.3. Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
1.4. Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
- Land and buildings Not depreciated as maintained in good state of repair - Fixtures, fittings and equipment 25% reducing balance - Computer equipment 33% reducing balance
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Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Notes to financial statements for the year ended 31 December 2022
2. Voluntary income
| 2. Voluntary income |
||
|---|---|---|
| Unrestricted funds £ Friday Collections 30,180 Children's fees 16,329 Donations 39,214 85,723 3. Incoming resources from charitable activities Unrestricted funds £ Grants 7,178 7,178 4. Employees Employment costs Wages and salaries No employee received emoluments of more than £60,000 (2021 : None). |
2022 Total £ 30,180 16,329 39,214 85,723 2022 Total £ 7,178 7,178 2022 £ 43,215 |
2021 Total £ 31,363 6,170 34,923 |
| 72,456 | ||
| 2021 Total £ 8,394 |
||
| 8,394 | ||
| 2021 £ 42,437 |
||
Number of employees
The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of full time equivalents, was as follows:
| 2022 | 2021 |
|---|---|
| Number | Number |
Page 8
Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Notes to financial statements for the year ended 31 December 2022
| Land and Fixtures, Computer 5. Tangible fixed assets buildings fittings and equipment freehold equipment £ £ £ Cost At 1 January 2022 253,244 3,010 374 Additions - 700 - At 31 December 2022 253,244 3,710 374 Depreciation At 1 January 2022 - 1,857 356 Charge for the year - 526 34 At 31 December 2022 - 2,383 390 Net book values At 31 December 2022 253,244 1,327 ) (16 At 31 December 2021 253,244 1,153 18 6. Creditors: amounts falling due after more than one year 2022 £ User definable loan desc. 13,000 7. Analysis of net assets between funds Unrestricted funds £ Fund balances at 31 December 2022 as represented by: Tangible fixed assets 254,555 Current assets 183,583 Current liabilities ) (13,000 425,138 |
Total £ 256,628 700 257,328 2,213 560 2,773 254,555 254,415 2021 £ 13,000 Total funds £ 254,555 183,583 ) (13,000 425,138 |
|---|---|
Page 9
Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Notes to financial statements for the year ended 31 December 2022
| 8. | Unrestricted funds | At | At | |||
|---|---|---|---|---|---|---|
| 1 Jan | Incoming | Outgoing | 31 Dec | |||
| 2022 | resources | resources | 2022 | |||
| £ | £ | £ | £ | |||
| Masjid Funds | 388,941 | 92,900 | (56,703 | ) | 425,138 |
Page 10
Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
The following pages do not form part of the statutory accounts.
Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Detailed statement of financial activities
For the year ended 31 December 2022
| 2022 | 2021 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Incoming resources | ||||
| Incoming resources from generating funds: | ||||
| Voluntary income | ||||
| Friday Collections | 30,180 | 31,363 | ||
| Children's fees | 16,329 | 6,170 | ||
| Donations | 39,214 | 34,923 | ||
| 85,723 | 72,456 | |||
| Total incoming resources from generating funds | 85,723 | 72,456 | ||
| Incoming resources from charitable activities | ||||
| Grants | 7,178 | 8,394 | ||
| 7,178 | 8,394 | |||
| Total incoming resources | 92,901 | 80,850 | ||
| Resources expended | ||||
| Costs of generating funds: | ||||
| Fundraising trading: | ||||
| cost of goods sold and other costs |
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Masjid Bilal Muddrasa Thalim Ul Quran & Community Centre
Detailed statement of financial activities
For the year ended 31 December 2022
| 2022 | 2022 | 2021 | 2021 | |||
|---|---|---|---|---|---|---|
| £ | £ | |||||
| Charitable activities | ||||||
| Governance costs | ||||||
| Activities undertaken directly | ||||||
| Staff costs - Wages & salaries | 43,215 | 42,437 | ||||
| Establishment - Light & heat | 4,104 | 4,043 | ||||
| Establishment - Repairs & maintenance | 4,965 | 938 | ||||
| Establishment - Insurance | 1,892 | 1,666 | ||||
| Cleaning | 717 | 97 | ||||
| Professional - Other | 300 | - | ||||
| Office expenses - Other | 950 | 653 | ||||
| Depreciation & impairment | 560 | 420 | ||||
| 56,703 | 50,254 | |||||
| Total governance costs | 56,703 | 50,254 | ||||
| Net incoming/(outgoing) resources for the year | 36,198 | 30,596 |
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