ABERFELDY ISLAMIC CULTURAL CENTRE Charity Registration Number: 1157888 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 REPORTING ACCOUNTANTS.. AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA TEL: 020 7790 6111 Page 1 0113
ABERFELDY ISLAMIC CULTURAL CENTRE FOR THE YEAR ENDED 31 MARCH 2026 CONTENTS Pages Information ol finanoal Statements Report of kne Executive Cornmiitee Statement of responsibilities ol the Cornrnittee.. Independent Examinerfs Report Income and Expenditure Accounts Statement of Assets and Liabilities 10 Noles to the Attounls 11-13. Page2 of 13
ABERFELDY ISLAMIC CULTURAL CENTRE FOR THE YEAR ENDEO 31 MARCH 2026 MANAGEMENT COMMITTEE EXECUTIVE COMMITTEE CHAIR PERSON Mahbubul Alom GENERAL SECRETARY Mashuk Ahmed TREASURER Shamsul Hoque ADDRESS 36- 38 Aberfeldy Sreel Poplar London E14 ONU BANKER Barclays Bank INDEPENDENT EXAMINER REPORTING ACCOUNTANTS". AM ACCOUNTAMCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA Chari 's Trustees.. Mahbubul Muhibur Rahman Mashuk Ahrned Aklher Hussain Bab Shafnsul Hoque Monsur Miah Marnun Ahmed Choudhury Fozlui Rahman . Md Nizam Ahmee. Chair Person Vice Chair General Secretary Assistant Secretary TieasLJrer Cultural & Education Secretary Press 8 Publiaty Sefftlary EC Member EC Mernbei Page30113
ABERFELDY ISLAMIC CULTURAL CENTRE REPORT OF THE EXECUTIVE COMMITtEE FOR THE YEAR ENDED 31 MARCH 2026 The trustees present their repoit and financial staieinenls for the year ended J l March 2026. The Trustees have adopted tlie provision5 of the Stsiement of Recommcndcd Practice (SORP) Accounting and Reporting by Charities 15sued in 2005 in preparing thE annual report and financial statements ol the Cl)arity. Legal Status: Charity: Registered with the Charity Commission. Charity Number: 1157888 Objects, Prineip%l Activities and Organisation of the Charity The Charity'5 objects are for the benefit of ihe inhabitants of London Borough of Tower Hamleli and in particular meinbers of the Muslim Minority Etlinic Communilies but exclusively who are in hardship by.. al Relieving poverty. srckness and distress by through the provision of ad*ice inlortnaknon to the said Inhabitants in need ol such advi that May indude wellaie benefits, heallh and education. bl Advancing education in particular the piovi5ion of language an¢J other subject Classes. ¢1 Providing or assisting in the provision of faalities for the creatTr and.the leisure lime, occupation in the interesl of s()aal welfare and the object ol improving their conditions Dr life. dl To advance the religton ol Islam in a¢cordance with the doctrines and tenets ol the Sunni Sect of Islam. el To advan the education ol Musliffls and Muslim childr¢n in confomiity wilh the doctrines and beliefs of the Sunni Sect of Islam. Report of the Trustees The Management Cotnmittee (who are also the Trustees) submits their report and financial statemenrs for the year ended i l March 2026. Page4 0113
ABERFELDY ISLAMIC CULTURAL CENTRE REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2026 Organisation: A Management Committee, the members of which are the Iru51ees manages the affairs ol the charity The Management Cornmitiee manages the business ol Ihe charity induding the paying ol all expenses Trustees: Trustees. wlio are all m¢berS of the execufive committee, and who served during the year are Set out on page J. The trustees are elected at the Annual General Meeting. for membership of the Executive Committee and serve until the end of the next Annual General Meeting, where Ihey can stand for re- election as members of the new Execvtive Con)mittee. Trustees responsibilities in relation to the financial statements The eotnmittee or Trustees are required by charity's law to prepare financial statements for each financial year which give a true and fair view of the financial activities of the charity and of its financial position at the eod of that year. In preparing those finaacial statements ihe Trustees are required to: -The Trustees ale responsible for preparing the Trustees Annual Report and the Finanaal Statement5 in accordance Wih applicable law and regu131ions and United. Kingdom Accounting Standard5 Iunited Kingdom Generally Accepted Accouniing P1acb'}. rhe law appliCae to chatilies in England and Wales requires the Trustees to prepare Financval Slalemenls for each financial year which give a Irue and fair view of Ihe slate ol aftairs of the charity and of the incomirig re50vrces and .application of resovrces of the charity for that period. In prèparing Ihese Financ4al Stalemeni& the Trustees are quired lo.. Select suitable accounting policies and then appiy them Consistent.. Observe the methods and principles in the Charities SORP", Make jud9emenls and accounting eslimales trat are ieasonable and prtrdenl., Prepare the Financial Slaternents on the going concern basis unless il is inappropriate io presume that the charity hMII c¢)ntinue in operati(xTr The Trustees a responsible lor keeping proper accounting CordS that di$close Vlith reasonable ac£uracy al.any lim-e,Ihe financial position of Ihe charity and enable lhern.io ensure that the Finanaal Stalernents comply with the Charilies Act 2011. The Charity (Accoun15 and Reports) Regulations 2008 and the piovisions ol Ihe Itusl deed. They are also responsible for safeguardin9 the assets ol the charity and hence for taking reasonable Steps lor the wevenIn and detection of fraud and other irregularitie5 VOLUNTEERS: The Trustees wish to record theif 8ppieciats.on on behaifof the Charity and cornrnunity lor the volunteers who. assist in smoolh iunning of the Charity and are tiCal in helpin9 to keeps the running costs down RISK REVIEW: The Trustees h8ve conducted their own review ol Ihe major risks to which the Charity is exposed and steps have been initiated to minimise the Identified risks. All function5 of the Charity are Subjected to perioLlic review resulting in a process of ongoing improvement. I stsff and volunteers are trained and have all the requed slatulory and regulatory clearances quIred. Page 5 0113
ABERFELDY ISLAMIC CULTURAL CENTRE REPORT OF THE EXECUTIVE COMMITTEE FOR fHE YEAR ENDED 31 MARGH 2026 SERIOUS INCIDENTS AMD EXCEPTIONS: The Trustees are pleased to note. that there We no incidents which gave rise lo the need lor the Trustees to lottge a Serious Incident Report wilh the Charity Comrni5sion. FÈJrthemiore. there We no Exceptions recorded and which gave rise lo tt)e need lor the Trustees lo reex>rd on the Charity's Exceptions, Register. RELATED PARTY TRANSACTIONS: During the yearthe Chartywas under Ihe control ol TFuslee5 and Management Commiilee Merntr$ as li%led above. This report. which ha5 been prepared in accordarice with the special provisions ol Part 15 of the Crynpanies Act 20C apptiGqble lo sm811 companies. No members of the management comm(tiee CeIVed any remLJneralion during the yeai. No trustee orother person related to the ch3rity had any personal inteiesl in any contract or Èransaclion ented into by the tharity dullng the year. Reserve Policy 11 is the policy ol the charity ihal unrestricted fund5. which have not been designated for a speafic use, should be maintained al a e1 equivalent to ils expendilure. The Trustees coThder that reseNes at this level will Ènsure Ihat, in the event ol a si9nificant drop in funding. They wll b& able lo continue the charity's cuirent a¢tivities while consideration is given lo ways in which additDnal lunds rHay be raised. The Centre will acfvely work tts athieve this level of reserves. INDEPENDENT EXAMINER Accordin9 to the provisions ol the charib.es Act 2008 aftd updated 2011. the Committee has agree(J thai and audit is not reqUId for this finanual year. However due lo provisions of the 5arne act an independent examiner ts required and AM Accountancy SeN[s appointed a5 external Accountant or Independent Examiner. Transaction and financial position The Slaiement ol Financial Activitles show5 net suiplus for the year of £69,684 and our 3ccurnulale funds sland 31 £534,985 in total. AM Accountancy SerVis carried out an independent exarninalion of the accounts included in the pOrL -.This'report.. which'has been'prepaied in accordance wlh the Stalethent ol Re¢oTnmended Pracb"ee {SORPI Accounting and Rewrting by Charities i55ued in 2005. Approved by Ihe trustees and sigrEed on Its behall by This report was approved by the Executive Cofflmittee on 8nd signed on their behalf. Mahb IChaimian} Mashuk Ahffled (General Secretary) Dale". Shamsul Hoque reasurerl Date.. '/w/u Page 6 of 13
Accountants, Report To the Trustees of ABERFELDY ISLAMIC CULTURAL CENTRE FOR THE YEAR ENDED 31 MARCH 2026 We report on the accounts lor the year ended 31 March 2026 sel out on pages 8 lo 12 which have been prepared under Ihe historical cost convention and the accounting policies sel out in nole 1 to the financial staternenls. Respecttve Responsibilities olTruslees and Accountants As described on page 5 the trustees are responsible for ihe preparation of the financial staietnents, and they consider that the trust 15 exempt from an audit. It is our responsibility to carry out procedures designed to enable us to report our opinion io you. Basis ol Opinion We cOUCted ourwork in accordance wth the Slaternent of Standards for Reporting Accountsnts, and 50 our prOdureS conslsted of comparing the accounts wilh the accounting records kept by the charity. and rnaking such limited enquiries ol Ihe trustees and oificeis a5 we considered necessary lor the purpose ol this report. These proTrdures provide only the assurance expie5sed in.our opinion. Opinion In our oynion. lèl The accounts ale in agieemenl with the accounting records kept by the charity under the requirements 1.the Stalemenl ol Recommended Practi- Accounling and Reporting by Charities: Ibl Hawng regard only to, aiid on the ba515 or. the inlotm3tion ¢orktained in those ac¢ounts-. 111 The accounts have been drawn up ifi a manner consistent with the accounting requirernenls specified the Statèment of Recommended Practice- Accounting and Reporting by Charities. and 121 The charity satisfied ihe condilion5 for tre exempty'on from an audit of the accounts for the year sperified in the Charities Act. .131. Th..unaUdited Account we have ppared in accordanGe with Ihe figure-. inlormatson and explanation we have received from the management ol the curient committee. Skvlc &S AM Accountancy Services 43 Ben Jonson Road London El 45A Tel: 020 7790 6111 AM ACCOUNTANCY 43 BENJONSON ROAO LONDON EI 4SA RVICES Date.. Pa9e7of13
ABERFELDY ISLAMIC CULTURAL CENTRE Statement of Financi81 Activities FOR THE YEAR ENDED 31 MARCH 2026 2026 Total 2025 Total Notes Unreslricled Reslricled Incoming Resources Mefflebership fees Income from Sales ol Vegetables Grant. LB TH Donations for New Mosque Parents Contribut Grant Irom HARCA All Other GeTraral Donations Nominatyon Fees 14,877 14.877 2.205 53,392 1,595 2,205 106.599 106,599 92.936 Total Incomin Rèsources 108.804 14.877 123,681 147.923 Resources Expended Direct Charitable Expendilure Printing, Postage. & Advèrtisernenl Telephone, lax and photocopies Rent. Rate5 and 5eNi¢e charges Light Heal and Water Clearyng Salary Freelan Staff Events. Activities & Stationery 900 1,176 1.297 2.424 1,297 2,424 1,297 1,689 139 500 31,990 23,250 24,160 501 23,250 24,160 501 Direct charbtable ex en(liture 52.532 52,532 38,791 Management & Administration Accountancy Adverfising and promotion Bank charges Insurance CRB fee Depreciation Sundry . airs ement & Adrninistralion 600 600 865 865 1.017 242 1,859 Mana 1,465 1,465 Total Resources Ex ended 53,997 53,997 38.650 Net Incoming Resources I Iresourtes expended) 54.807 14,877 69,684 109.273 Net Movement funds for the p•ilod: 54.807 14.877 69.684 109.273 Total Funds Brought fo¢ward 260,Q68 205.233 465,301 356,028 Balance at 31 March 2026 314,875 220,110 534.985 465,301 Page 8 0113
ABERFELDY ISLAMIC CULTURAL CENTRE Summary Income aad Expenditure Account FOR THE YEAR ENDED 31 MARCH 2026 2026 Notes Income Total expenditure Net Surplus (Deficit) lor the financial year 123,681 53,997 69,684 Page90113
ABERFELDY ISLAMIC CULTURAL CENTRE Balance Sheet as at 31 March 2026 2026 NOTE Fixed Assets Fixture. Fittings artd Equipfflent5 4.8 CuNerbl Assets Cash zl Bank & In Hand Debtor IGrant receivable from HARCA + £50.00 Membership lee + Propety fund) 339,486 218.050 557,536 Current Liabilbties Amounl falling due to one year Accwals 27,450 27.450 NET CURRENT ASSETS I ILIABILifiESI 530.086 TOTAL ASSETS LESS CURRENT UABILIYIES 534.985 FUNDS.. 465,1 Exce5sIIOefiritl of incorne over expenditure 69.684 Total Fund5 S34.985 The financial 5talement5 were approved by the Execubve Committee on their behalf by". and stgned on Mahbubul Alom IChairpeFsonl Mashuk Ahmed IGeneral Secretary) Shamsul Hoque (treasurer) Date.. Dale". Dale.. The Nole5 on pages 10 to 12 form part of the financial stslements. Page 10of13
- ACCOUNTING POLICIES a. Basss of Acco(JntFng Basi5 01 accounling The Financial Stalements have been prepared under the historical cost convention. as tnodified by the Tevalualion ol rt31 fixed a55e15 and investments measuied al rnarket value. The Financial Siatements have been prepared ui accoidance with the Financial Reportin9 Standard lor Smallei Entitse5 (effective January 20151. and the requ(rements ofAccounlin9 and Reporting by Charities." Statement ol Recomrnended Practice applicable lo charities preparing their accounts in accordance wth the Financial Reporting Standard lor Smaller Entities leffective January 20151 ISORP 20151. b. Grants Revenue grants are credited lo the Incotne and Expenditure account on a reIvable basis. c. Donatlons ODnatson are recorded on a ieceipt basis. d. Incoming Resoui¢es Voluntary income and don81ions are included in incorning resource5 when Ihw are receivable. except when the donors specify that they must be used in future accounting period5 or donoT5' ondilions hgve not been fulfilled. then the income is Cle1erd. The irn¢offle from fundraising ventures IS shown gross. with Ihe associaied c051s included in fundraising costs. e. Resources Expended Resources expendèd are included in the Slalement of Financial A¢iivilies on accruals ba513. inclu&ve of any VAT Ihat cannot be recovered. Expenditure that is directty attribvtable lo specific activities has been sncluded in these cosl (xtegories. Where costs are atttibulable lo more Ihan one actsvity, Ihey have been apporhoned across the cost categories on a basis consistent with the use of those reSree5. l. Going Concern 8asl$ The financial statements lTrave been prepared on.the going concem basis, as in the opinion ol the Irustees, the a no issues arising whTch would suggest any other basis as bein9 more appropiiale. g. Admini5tralron Co$t$ Administration expenditure include5 all expenditure nol directly related lo the charitable aclNjty. h. Taxatlon As è charity, they are exempt trom tax on ineome and gains falling wlthin sedio) $05 01 the Taxes Acl 1988 or $256 01 the Taxats"on of Chargeable Gains Acl 1992 to the extent that these are applied lo its ch3rit8ble objects. No lax charges have arisen in the Charity. Depreciatlon: Depreciation is calculated so as to write off the cost ol an asset, less its eslimateoS SIdUal value, over the useful economic life ol that asset a5 fo11ows-. Fixiuie, FitLing and EquipmenL 15 % on Reducing Balance method Page 11 of13
ABERFELDY ISLAMIC CULTURAL CENTRE FOR THE YEAR ENDED 31 MARCH 2026 NOTES TO THE ACCOUNTS 2. RXEDASSETS COST Fiule5. fiiiin95 & Improven*nts 8uil¢ing Al 01 April 2025 FiKlvres and fillings AddItn 31 March 2026 5,764 5.754 5.764 5.764 DEPRECIATION Al 01 April 2025 Charge forlhe year At 31 March 2026 865 NET BOOK VALUE Ai 01 April 2025 Ai 31 March 2026 5.764 4.899 5.764 4.899 Page 12 of 13
ABERFELDY ISLAMIC CULTURAL CENTRE FOR THE YEAR ENDED 31 MARCH 2028 NOTES TO THE ACCOUNTS Net Surplus of the Financial Year The exces5 of expenditure over incorne is slated after charglDg'. 2026 Accountants, remuneration Depreaats"on Creditors and Acruals Rent Accountancy Nel Wages Paye 18.000 1.200 5.071 3,179 27.450 Fundslcapilal Balan al 31 March 2025 465,301 Balan at 1 April 2025 465.301 Excessl IDefKitl of Income over Expenditure 69.684 Balance at 31 March 2026 534,98S Page 13of 13