KILBURN WELFARE ASSOCIATION Report and Financial Statements Contents Page Management Committee and Charity Information Trustees Annual Report Independent Examiner's Report Approval of Accounts Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9-10
KILBURN WELFARE ASSOCIATION MANAGEMENT COMMITTEE & NAME OF MEMBERS: Chairperson and Trustees ChaiTperson Mr Sycd Kabir Uddin General Secretary Mr Sayed Ahmed Deputy Secretary Mr Rokib Ali Trcasurer Mr Abdul Quddus Kamal Trustee Mr Abdul Kayum Trustee Mr Gulam Ahmed Tanvir Registered Charity Number: 1157660 Centre Address: 215-217A Belsize Road London NW6 4AA Accountants: Muhit & Co Chartered Certified Accountants 80A Ashfield Street Unit 4 London EI 2BJ Bankers: Barelays Bank Ple Newham Branch
KILBURN WELFARE ASSOCIATION Trustees Annual Re rt for the Year Ended 31 December 2024 The trustees present their report along with the finallcial statements of the charity for the year ended 31 December 2024. The statements have been prq)ared in accordance with the statement of recommended practice for Accounting and Reporting by Charities. Constitution and Objects Kilburn Welfare Association was constituted on 01 September 2009 and Rcgistcred with ChaTity Commission since l July 2014 under a trust deed and registered Charity No. 1157660. The objects of the charity arc: A) To relive povcty and financial hardship B) To pmtect, preserve, and propagate the beliefs of Islam in accordance with the teachings of the Holy Quran and the example and tchIngS of Prophet Muhammad (PBUH) and his companions. C) To advance education and provide places of worship and teaching. D) Facilitate five daily prayers. E) To provide or assist in the provision of facilities in the interest of social welfare for recreation or other leisure time occupation of individuals who are in need of such facilities by reason of their youth, age, infirniity or disability, financial hardship or social circumstances with the object of improving their conditions of life also cncouraging Muslim ¢hil(tren and adults to become responsible human beings and to contribute positively to society at large. F) Promoting knowledge and mutual understanding of respect of the belief and practices of different religious faiths, particularly the Muslim faith. Organisation The trustees named on page I have served throughout the period. Appointmcnt of trustccs is governed by the Trust Deed of the Charity. The board of trnstees is authorized to appoint new trustees to fill vacancies arriving through rcsignation or dcath of cxisting trustecs. Reserves and Reserves Policy Kilburn Welfare Association is committed to using its resources in pursuit of its charitable objects. It is also committed, howcvcr, to maintaining a level of reservcs that is prudent to me¢t ongoing liabilities, sufficient to ensurc that all service dclivery ¢ommitnJents can be rnet and to protect the long-terni future of our operations. Kilburn Welfare Association's reserves policy seeks to balance these priorities by holding a level of reserves sufficient to: Ensure the availability of sufficient working funds in hand. Provide a cushion in case of unexpected loss of income to ensure that services can be maintained. Provide sufficient funds for an orderly winding-down in th¢ cvcnt of a need to ccasc activity. The trustees rcvicw the sktuation on a regular basis and take immediate Corrective action as and when ne¢essary.
KILBURN WELFARE ASSOCIATION Risk Statement The trustees have examined the major strategic, business, and operational risks which th¢ charity faces and confinn that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen those risks. Financial Information and Futhre Developments We are looking to buy a premises where we can continue to run a new mosque and Islamic ccntre and havc been requesting our Muslim community for making generous (tonations. We are focusing to build up a fund to fulfil our ambition. Trustees Responsibillties in Relation to the Financial Stvdtements The Charities Act requires the Committee Members to pr¢paTc financial statements for each fmancial year which give a true and fair view of the state of affairs of the charity for that period. In preparing those financial statements thc Committce Mcmbcrs are required to: Select suitable accounting policies, apply them consistently and state them in the financial statements. State whether applicable accounting standards have been followed, subject to any material departures disclosed and cxplaincd in the financial statements. and Indicate wherc the financial statcments arc prq)arcd othcr than on thc basis that the Tntst is a going concern. The Committed Members are responsible for keeping proper books of accounts with rcspcct to the trust, transactions and records of assets and liabilities whilc maintaining a satisfactory system of internal controls. The Committee Members are also responsible for safeguarding of assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the trustees and signed on theiT behalf by Chairyerson Syed Kahir Uddin Dated: 10 June 2025
KILBURN WELFARE ASSOCIATION INDEPENDET EXAMINER'S REPORT TO THE TRUSTEES OF KILBURN WELFARE ASSOCIATION (CHARITY REG: 1157660) We have aMined the financial statements for the year ended 31 December 2024, which are set out on pages 7 to l O which have been prepared on the basis of historic cost. The Trustees have confirn]¢d that they do not hold any restricted funds and that all the funds are available to meet the charity's objectives. Res tive Res nslbllltles of Trustees and Examiner The charity's trustees are responsible for the prq)aration of the accounts, The charity's trustees Consider that an audit is not required for this year under section 144(2) of the Charities Act 201 l and that an independent examination is needed. It is our responsibility to: examine the accounts undcr section 145 of the 2011 Act. follow the procedurcs laid down in th¢ general directions given by the Charity Conm)ission under s¢¢tion 145 (5) (b) of the 2011 Act and stat¢ whether particular matters have come to our attentio Basfis of Inde ndent Examiner's Statement Our examination was carried out in accoTdance with th¢ Gcncral Directions given by the Charity Commission. An examination includes a review of the accounting r¢¢ords kq)t 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 the 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 rqjort is limited to those matters set out in the statement below. Inde ndent Examiner's Statement In the course of our examination, no matter has come to our attention: l) Which gives us reasonable cause to believe that in, any material respects the requirements: to keep accounting records in accordance with section 130 of the 201 l Act: and to prepare accounts which accord with thc accounting records and comply with the accounting requirements of the 201 l Act have not been met. or 2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the acco ts to be reached. Muhit & Chartered Certified Accoun ants 80A Ashfield Street, Unit 4, London El 2BJ Dated: 10 Junc 2025
KILBURN WELFARE ASSOCIATION roval of Ac¢ounts We hereby approve the attached accounts for the year ended 31 December 2024 and confirni that we have supplicd all the inlorn]ation and explanations required for these accounts. Chairperson Syed Kahfir Uddin Dated: 10 June 2025
KILBURN WELFARE ASSOCIATION Statement of Financial Activities For the year endcd 31 December 2024 Unrestricted Funds Restricted Funds Total 2024 Total 2023 Notes Incoming resources Donation 52,826 52,826 42,606 Others 52,826 52,826 42,606 Activities for generating funds Income resourccs from Chitable activities Total Incomlng resources 52,826 52,826 42,606 Resourees expended Cost of generating funds: Governance costs 41,024 41,024 39,157 Charitable activities Total resources expended 41,024 41,024 39,157 Net movement ID funds 11002 11,802 3,449 Reconciliation of funds: Total funds brought fonvard 54,274 54,274 50,825 Total Funds carried fonvard 60,076 54,274
KILBURN WELFARE ASSOCIATION Balance Sheet as at 31 December 2024 2024 2023 Note Flxed assets Tangible assets Current assets: Cash at bank and in hand Prepayments 58,013 8,663 46,311 8,663 Total Current assets 66,676 54,974 Current llabillties Creditors falling due within one year 600 600 700 700 Net current Assets 66,076 54,274 Net assets 66,076 54274 The funds of the charity: Unrestricted funds BIF Net Unrestricted ftmds for this period General funds 54,274 11,802 50,825 3,449 Total unrestricted funds 66,076 54,274 Restricted income funds Total charity funds: 66,076 54,274 Chairperson Syed Kahir Uddin Treasurer Abdul Quddus Kamal General Secretary Sayed Ahmed Date: 10 June 2025
KILBURN WELFARE ASSOCIATION Notes to financial statements l. Accounting policies (a) Basis of preparation The financial statements have been prepared under the historical cost convention. The financial statements havc been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting and applicable UK Accounting Standards and th¢ Charities Act 2011. (b) Funds structure Unrestricted income funds comprise thosc funds which thc trustees are free to use for any purpose in furtherance of the Charitable objects. Unrestricted funds include designated fimds where the trustees, at their discretion, have set aside Tesources for a spccific purpose. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the ternis of a specific appeal at any time and under the ternis for public collection of Zakat in accordance with the teachings of Islam. (c) Charitable activitics Charitable expenditure comprises those costs incurred by the charity in the delivery of its activitics and services for its beneficiaries. 11 includcs both the direct pay and support costs relating to those activities. (d) Tangible flxed assets and dq)Teciation All assets costing more than £500 arc capitaliscd and at historic cost. Fixed assets are stated at cost less accumulated depreciation. The freehold property is valued at historic cost and it is not depreciated.
KILBURN WELFARE ASSOCIATION 2. Incoming resources from voluntary income Unrestrlcted funds £ 52,826 Restricted funds £ Total 2024 £ 52,826 Total 2023 £ 42,606 Donation Bank Interest HMRC Total 52,826 52,826 42,606 3. Charitable Activities (Support Costs) Total 2024 £ Total 2023 £ Accountancy Fees Bank Charge Building Insurance Cleaning Light & Heat Rates 600 535 634 19 2,769 14,840 17,325 600 495 250 140 2,946 14,732 17,325 455 11 2,203 Rent Repairs & Maintenance Stationery and printing Water Charge 4,302 Total 41,024 39,157 10