MADINA FOUNDATION DAGENHAM EAST 539 RAINHAM ROAD SOUTH, ESSEX, RMIO 7XJ REPORT AND FINANCIAL STATEMENTS roR THE YEAR ENDED I APRIL 2025 Prepared By: certified practiclng accountai)ts
MADINA FOUNDATION DAGENHAM EAST FOR THE YEAR ENDED I APRIL 2025 CONTEN73 Page InfOrntion of financial Statements Report of the Executive Committee Statement of responsibilities of thc Committee Independent Examinetrs Report Income and Expenditure Accounts Statement of Assets and Liabilities Notes to the ALYounts
MADINA FOUNDATION DAGENHAM EAST tNFORMATION OF THE FINANCIAL STATI;.MI:.NTS FOR THE YEAR ENDED I APRIL 202.5 MANAGEMENT COMMirrEE CHAIRMAN Tohur Ali ADDRESS 539 Rainham Road South Essex RMIO 7XJ BANKER Barclays Bank PLC DEPENDENT ExAMER Abu Tahcr AFAIMIPA, ICPA(Fellow) MAHI & CO Certified Practising Accountants 83-85 Nelson Street London El 2HN Pag8 1
MADINA FOUNDATION DAGENHAM EAST REPORT OF THE EXECUTIVE COMMIThEE FOR THE YEAR ENDED I APRIL 2025 The Management Committee ha% thc plc89urc in prc¥ciiiiiiy Ilicir rcp(?rl and thc Financial StatemcnL8 reviewed by the independent examiner for thc ycftr ciidcd l) l April 2(125 GOVERNtNG The or8anisation is managcd by Manageinent Coininittec according lo thc organisation's constitution, elected by the gcnerdl mcmbcrs to ovcrsec the overall activitics and to monitor the day to day running of the organisation. OBJECTIVE OF MADINA FOUNDATION DAGENHAM EAST To advance the Islamic Religion in Barking and Dagenham for thc benfit of the public through holding of prayer mcetings, lectures, producing Or distributing literature on Islam, providing cultural and recreational activities and adviLY, InforntiOn and support where needed and raising awareness of Islam and other religions including their differences and similarities. THE TRUSTEE cOMMIEE The Management comrnittee who serve the Charity during the year were as follows: Mr Tohur Ali Mr. Abdal Miah Mr Sad Uddin Mr Rahana Ali Chairnmn Secretary Treasurer Member Pag8 2
MADINA FOUNDATION DAGENHAM EAST FOR THE YEAR ENDED I IiPRIL 2025 STA TEMENTS OF RESPONSIBILrriES OF THE TRUSTEES Law applicable io charitits in England & Wal&% requirc5 the Committee io pr¢pare financiol statements for cach financial year that give a true and fair view of the charity's financial activi11 during the year of its firle181 position ai thc cnd of the year. In preparing those financial statements. th¢ Committ¢¢ is required to." A) Select suitsble accounting p)li¢ies Dd apply them consistently. B) Make judgments and estimai&s that are reosonablc and prudenL C) State whether applicable accouftiing Stsndards and stslcm¢nis of rQMnndCd ptice hav¢ been followcd. subj¢ct to any d¢parturts disclosad and explained in the fmancial slatcmenLS: D) Prepare the fmancial statenxnts on a 8OiDg concem basis unless it is ioappropriate to presun that the Charity will continue in operation. The Managemeni Committee is r&4ponsible for keeping ¥¢oun¢ing rordS which disclose with [Onabl¢ accurncy at any the financial position of the charity and enable them io ensure that the financial statements comply with the Clwities Act 1993. They are a150 responsible for safeguarding the &ss¢ts of ihe charity and hence for ¢aking reasonable steps for the prevention and detection of frdud and other iwlariti¢s. INDEPENDENT EXAMINER According to the provissio$ of the CIltieS Act 1993. the Committce has dce0 that an audit IS not rcquircd for this fmancial year. HoweveT.duc to provassions of th¢ aci an indcp¢nd¢ni examiner is required. Mr Abu Tahcr of Mahi & Co will be appointed as an indq)endent cxatniner for the ensuing year. APPROVAL Thi5 r¢port was approvcd by the Tru5tets on- -_gnd SAI¢d on iheir beh[ Sign.. 9dp uppid ChaiTman Diltc.. Trust¢c Date Trnsi¢e Dal¢ Page 3
INDEPENDENT EXAMINER'S REPORT ON THE UNAUDITED FINANCIAL STATEMENTS TO THE TRUSTEE OF MADINA FOUNDATJON DAGENHAM EAST In accordance with the general directions gven by ihe Charity Commission we have compiled the Financial siatements comprising Income and Expenditure account for the year ended O l April 2025 and Statement of Assets and Liabilities as on that date. The trustees consider that an audit is not required for the year under section 43(2) of the charity Act 1993. The Proccdur¢s we have undertaken do not provide all the evidevce that would be required in an audit therefore no opinion is given as to whether the accounts present a Irue and faif view. MAHI & CO Certified Practising Accountants 83-85 Nelson Street London EI 2HN Date:...... Page 4
mADA FOUNDATION DAGENHAM EAST INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED I APRIL 2025 Total INCOME Friday Collection tk)rthtion Box Ramadan Collertion Eid-ul-Fitar Collection Eid-ul-Adha Colledion Bacontrtt Islamic Society Fund Rais Madina Masjid E4Sth8m Fund Rais Baitu] Aman Fund Rais Ilford Islamic Fund Raise Taraabi collection Stsjdent Fees (Xbcr Donation 41,092 34,295 18.(M)3 93.390 20.5CK) Rental Income I 13,890 LESS: EXPENDITURE Expenses wlth eharltAble *¢tlvltles: Wages Rcpair & Maintenance Casual Staff Light & Heal Telephone & Internet Rent & Rates Advertising Plannu)g Fee 14.080 300 6.732 60 4.106 5238 850 3.896 1,467 1,102 Insurance Council Tax pps LLgal & Profcssionaj Bank Charg¢ Muchani Charge Trdvell & Subslance 21 463 -l¥.J14 Excess of Income over Expendllure Page 5
MADINA FOUNDATION DAGENHAM EAST STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2025 NOTE Fixed Assets Fixtures and Fittings Land and Buildings Improvcmcnl 434668 457022 23.500 915,190 Current Assets Cash at Bank & in Hand Debtors 71.971 852 72,823 72.823 CREDITORS Amount falling due within one year CREDoRs Amouni falling due more than one year 535.393 TOTAL ASSETS LESS CURRENT LIABILITIES 451,820 FUNDS: Balance BIF Income and Expenditure Accounl 376.245 75,575 Totgl Funds 451,820 9fiP LJppiY4 bdal Midh SrrIary I)alC Ch¥Irnn I'rk&%uiII Datc.. L)iil Page 6
IMDIM4 FOUNDATION DAGENHAM EAST FOR THE YEAR ENDED 1 APRIL 2025 NOTES TO THE ACCOUNTS 1. ACCOU ING POLICIES The finanoal statements have been compiled in ac(xKdance th the general dlrections given by the Charity Commission and with the Statements of recommended Practice. . Basls of Aceountlng The accwnts have been prepared under the historical cost cOnVentk of accounting. b. Grants Revenue grants are credited to the Income and Expenditure account on a receivable basis. ¢. Donatlons Donatiork d. Deprecl•tlon No Depreciation to be charged on Fixlures and Fittings and Building Construclion. 2. FIXED ASSETS OST F&F IMPROVEMENT Total At 2 April 2024 Addiiion During the year Ai I si April 2025 457022 422,821 11,846 434.(>67 23,51 446321 11.846 458.167 457,022 23.5CK) At 2 April 2024 Charge for the year At I sl April 2025 Ai 2 April 2024 At I st April 2025 457,022 457,022 422.821 434.667 23.51Xi 23,5(K) 446.321 458,167 Page 7